Document:

rr

    
      
        

      

    

    www.fuegoentertainment.net
       

    FUEGO ENTERTAINMENT
      

    

    

     Letter
      of
      Agreement 

    

    AGREEMENT
      MADE this 25 day of October, 2006 between FUEGO
      ENTERTAINMENT INC, from
      hereon known as Fuego Entertainment with its principal place of business at
      8010
      NW 156 Terr, Miami Lakes, Florida, 33016 and Hugo
      M. Cancio
      from
      hereon known as The
      Producer

    

     
      RECITALS

    

    WHEREAS,
      The Producer
      is the
      rightful owner or licensee of all right, title and interest in the film; Zafiros
      Locura Azul

    

    

    WHEREAS,
      The Producer
      desires
      to grant the exclusive rights of distribution, marketing promotion and
      commercial exploitation of the film; Zafiros Locura Azul to Fuego Entertainment,
      Inc..

    

    

    WHEREAS,
      Fuego Entertainment Inc, herein accepts the exclusive rights granted by The
      Producer on the terms and conditions set forth in this agreement.

    

    

    NOW
      THEREFORE, the
      Parties hereto agree as follows:

    

    

    That
      The
      Producer. hereby grants Fuego Entertainment, Inc an exclusive rights , to market
      , promote , sell, distribute, sub license to other the feature film Zafiros
      Locura Azul

    

    

    The
      rights to use all promotional artwork, negatives, photographs, DVD covers and
      textual materials including all materials related to the film or the name of
      the
      artist or participant feature in the film.All biographical information
      concerning the Producer, Director and production house of the film and those
      artists whose performances are embodied on the film or any portion
      thereof.

    

    

    In
      exchange for granting all the rights herein enclosed, The producer will receive
      25% of the NET revenues generated by the sale, distribution, licensing rights
      of
      the film for entire duration of this agreement. 

    

    A
      quarterly distribution statement will be supplied to the producer. All net
      proceeds will be paid to the producer each quarter. 

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    TERMS

    

    The
      term
      of this agreement will be for a period of five (10)years automatically renewable
      at the end of the five year term unless otherwise express in writing by any
      of
      the parties. If there are no net proceeds after (1) year all rights return
      to
      the producer.

    

    

    TERRITOTY

    

    The
      World.

    

    REPRESENTATIONS
      AND WARRANTIES.

    

    

     The
      producer hereby represents and warrants to Fuego Entertainment. all of the
      following : (a) The producer is duly organized and validly existing under the
      laws of its state of incorporation, or has full corporate power and authority
      to
      enter into this Agreement and to carry out the provisions hereof; (b) The
      Producer is duly authorized to execute and deliver this Agreement and to perform
      its obligations hereunder, and any person executing this Agreement on its behalf
      has been duly authorized to do so by all requisite corporate action; (c) This
      Agreement is legally binding upon the producer and enforceable in accordance
      with its terms, subject to the effects of bankruptcy, insolvency or other laws
      of general application affecting the enforcement of creditor rights and judicial
      principles affecting the availability of specific performance and general
      principles of equity whether enforceability is considered a proceeding at law
      or
      equity. 

    

    (d)
      The
      producer owns and has full right in and to the film and all intellectual
      property rights thereto, or if licensed by the producer, all necessary rights
      and licenses to grant the licenses and rights granted to Fuego Entertainment
      under this Agreement; (e) The Film is delivered free and clear from all liens
      and encumbrances; (f) The Film are commercially and technically satisfactory;
      (g) The Film do not infringe or misappropriate any patent, trademark, copyright,
      trade secret know-how, moral rights or other intellectual property rights of
      any
      third party;(h)As of the Effective Date of this Agreement, there is no pending
      or threatened claim or liability against the producer arising out of or relating
      to the film or its master or claim that the Masters infringe or misappropriate
      any patent, trademark, copyright, trade secret know- how, moral rights or other
      intellectual property rights of any third party; 

    (i)
      There
      is no notice or consent requirement in connection with the execution and
      delivery of this Agreement by the Producer and/or the consummation or
      performance of any of the transactions contemplated in this Agreement
      .

    

    (j)There
      are no contracts which prohibit Producer from granting the rights herein to
      Fuego Entertainment.

    

    Fuego
      Entertainment hereby represents and warrants to the producer all of the
      following: 

    

    (a)
      Fuego
      Entertainment is duly organized and validly existing under the laws of its
      state
      of incorporation, and has full corporate power and authority to enter into
      this
      Agreement and to carry out the provisions hereof. 

    

    (b)
      Fuego
      Entertainment is authorized to execute and deliver this Agreement and to perform
      its obligations hereunder, and any person executing this Agreement on its behalf
      has been duly authorized to do so by all requisite corporate
      action.

    

    (c)
      This
      Agreement is legally binding upon Fuego Entertainment and enforceable in
      accordance with its terms, subject to the effects of bankruptcy, insolvency
      or
      other laws of general application affecting the enforcement of creditor rights
      and judicial principles affecting the availability of specific performance
      and
      general principles of equity whether enforceability is considered a
      proceeding

    at
      law or
      equity.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    INDEMNIFICATION.

    

    

    (a)
      The
      producer hereby agrees to indemnify, defend, and hold harmless Fuego
      Entertainment and its officers, directors, shareholders, employees, consultants
      and agents from and against any and all damages, suits, claims, actions, or
      demands, and any related liabilities, expenses and losses (including reasonable
      attorneys’ fees and other costs of defense) (“The Producers Claims”) arising
      out

    of
      or in
      connection with, or are in any way related to (i) any claim, which if true,
      would result in a breach by The Producer of this Agreement ,and all third party
      claims alleging that the Masters infringe any patent, copyright, trademark,
      trade secret or other intellectual property rights of any such third
      party.

    

    (b)
      Fuego
      Entertainment hereby agrees to indemnify, defend, and hold harmless Licensor
      and
      its officers, directors, shareholders, employees, consultants and agents from
      and against any and all damages, suits, claims, actions, or demands, and any
      related liabilities, expenses and losses

    (including
      reasonable attorneys’ fees and other costs of defense) (“Fuego Entertainment
      Claims”) arising out of

    or
      in
      connection with, or are in any way related to any claim, which if true, would
      result in a breach by Fuego Entertainment of this. 

    

    

    CONFIDENTIALITY.

    

    Each
      Party shall hold in confidence the financial terms of this Agreement and all
      materials or information disclosed to it in confidence hereunder (“Confidential
      Information”) which are marked as confidential or proprietary, or if disclosed
      verbally, reduced to writing and marked confidential within thirty (30) days
      after the date of disclosure. Each Party agrees to take precautions to prevent
      any unauthorized disclosure or use of Confidential Information consistent with
      precautions used to protect such Party’s own confidential information, but in no
      event less than reasonable care. The obligations of the Parties hereunder shall
      not apply to any materials or information which a party can demonstrate, through
      documented evidence (a) i-s now, or hereafter becomes, through no act or failure
      to act on the part of the receiving party, generally known or available; (b)
      is
      known by the receiving party at the time of receiving such information
as
      evidenced by its records; (c) is hereafter furnished to the receiving party
      by a
      third party, as a matter of right and without restriction on disclosure; (d)
      is
      independently developed by the receiving party without use of any Confidential
      Information; or (e) is the subject of a written permission to disclose provided
      by the disclosing party. Notwithstanding any other provision of this Agreement,
      disclosure of Confidential Information shall not be precluded if such disclosure
      is reasonably necessary in connection with regulatory filings (including filings
      with the SEC) and complying with a court order, governmental regulations, or
      any
      applicable law; provided, however, that the responding Party shall first have
      given notice to the other Party hereto in order that such other Party may obtain
      a protective order requiring that the Confidential Information so disclosed
      be
      used only for which the order was issued and the responding Party uses
      reasonable efforts to have such information be treated as confidential and
      under
      seal.

    

    

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    TERMINATION.

    

    1
      Termination.

    

    Either
      Party may terminate this Agreement prior to the expiration of

    the
      Term
      or any Renewal Term upon the occurrence of any of the following: (1) upon or
      after the bankruptcy, insolvency, dissolution or winding up of the other Party;
      or (2) upon or after the breach of any material provision of this Agreement
      by
      the other Party if the breaching Party has not cured such breach within thirty
      (30) days after written notice thereof by the non-breaching Party. The Parties
      agree, however, that, in the case of any breach or threat of breach by the
      Producer of any terms or conditions of this Agreement, Fuego Entertainment
      may
      take any appropriate legal action, including without limitation action for
      injunctive relief, consisting of orders temporarily restraining and
      preliminarily and permanently enjoining such actual or threatened
      breach.

    

    3
      Effect
      of Expiration or Termination. Upon the expiration or termination for anyreason
      of this Agreement, all rights under the licenses granted hereunder shall
      automatically terminate, provided however, that expiration or termination of
      this Agreement shall not relieve the Parties of any obligation accruing prior
      to
      such expiration or termination. Within thirty (30) days following the expiration
      or termination of this Agreement, except to the extent and for so long as a
      Party is entitled to retain license rights under this Agreement, each Party
      shall deliver to the other Party any and all Confidential Information, and
      any
      copies thereof, of the other Party in its possession, except that the Party
      will
      be entitled to retain one (1) copy of all documents in its

    legal
      archives for the sole purpose of monitoring its compliance with its
      confidentiality obligations hereunder.

    

    4)
      Fuego
      Entertainment will not license, without fee, any broadcast or other
      distribution, without express written consent from the Producer.

    

    PUBLICITY.

    

    Licensor
      and Fuego Entertainment will not issue a press release or release publicly
      any
      information relating to

    this
      Agreement or the underlying transaction, except with Fuego Entertainment ’s
      prior written consent.

    

    MISCELLANEOUS.

    

    .1
      Governing Law and Jurisdiction. This Agreement shall be governed andconstrued
      in
      accordance with the laws of the State of Florida without regard to its conflicts
      of laws provisions and without applying the United Nations Convention on
      Contracts for the International Sale of Goods. The sole jurisdiction and venue
      for actions related to the subject matter of this Agreement shall the state
      and
      federal courts located in Dade County, Florida USA; provided, however, that
      either Party may seek injunctive relief and to enforce judgments in any court
      of
      competent jurisdiction. Both Parties consent to the exclusive personal and
      subject matter jurisdiction of such courts and each agree that process may
      be
      served in the manner provided herein for giving notices or otherwise as allowed
      state or U.S. federal law. In any action or proceeding to enforce rights under
      this Agreement, the prevailing party shall be entitled to recover costs and
      attorneys’ fees.

    

    2
      Successors and Assigns. The rights and obligations of the Parties under this
      Agreement shall be binding upon and inure to the benefit of the successors
      and
      permitted assigns of the Parties.

    

    3
      Force
      Majeure. Neither Party shall be held liable or responsible to the other Party
      nor be deemed to have defaulted under or breached this Agreement for failure
      or
      delay in fulfilling or performing any term of this Agreement (other than
      non-payment) when such failure or delay is caused by or results from causes
      beyond the reasonable control of the affected Party, including, but not limited
      to, fire, floods, embargoes, war, acts of war (whether war be declared or not),
      insurrections, riots, civil commotions, strikes, lockouts or other labor
      disturbances, acts of God or acts, omissions or delays in acting by any
      governmental authority or the other Party.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    4
      Severability. In case any provision of this Agreement shall be invalid, illegal
      or unenforceable, that provision shall be limited or eliminated to the minimum
      extent necessary so that this Agreement shall otherwise remain in full force
      and
      effect and enforceable.

    5
      Notice.
      All notices and other communications provided for hereunder shall be in writing
      and shall be delivered personally or by first class mail, addressed as
      follows:

    

    

    

    Addressed
      to:

    Fuego
      Entertainment Inc,

    8010
      NW
      156 Terr

    Miami
      Lakes, Florida, 33016

    Attn:
      Hugo Cancio

    

    

    Either
      Party may by like notice specify or change an address to which notices and
      communications shall thereafter be sent. Notices sent by mail shall be effective
      upon receipt. Notices given personally shall be effective when
      delivered.

    

    6
      Independent Contractors. It is expressly agreed that Fuego Entertainment and
      the
      Producer shall be independent contractors. Neither the entering into, nor the
      performance of this Agreement, shall create any partnership, joint venture,
      agency, or employer-employee relationship between the Parties. Neither Party
      has
      the authority to make any statement, representations or commitments of any
      kind
      on behalf of the other, or to take any action that is binding on the other
      Party, without the prior written consent of the other Party.

    

    7
      Entire
      Agreement; Amendment. This Agreement (including all exhibits attached hereto)
      sets forth all of the covenants, promises, agreements, warranties,
      representations, conditions and understandings between the Parties hereto with
      respect to the subject matter hereof and supersedes and terminates all prior
      agreements and understandings between the Parties. No subsequent alteration,
      amendment, change or addition to this Agreement shall be binding upon the
      Parties hereto unless reduced to writing and signed by the respective authorized
      officers of the Parties.

    

    8
      Headings. The captions to the several sections hereof are not a part of this
      Agreement, but are merely guides or labels to assist in locating and reading
      the
      several sections hereof.

    

    9
      Waiver.
      Except as specifically provided for herein, the waiver from time to
      time

    by
      either
      of the Parties of any of their rights or their failure to exercise any remedy
      shall not operate or be construed as a continuing waiver of same or of any
      other
      of such Party’s rights or remedies provided in this Agreement.

    

    10
      Counterparts. This Agreement may be executed by counterparts, of which shall
      be
      deemed to be originals but both of which shall constitute one and the same
      Agreement.

    Facsimile
      signatures shall be deemed to have the same effect as their
      originals.

    

    

    Fuego
      Entertainment Inc.

    By:
      Date:______________________

    Its:
      _________________________________

    

    

    THE
      PRODUCER

    By:
      Date:______________________

    Its:
      _________________________________Exhibit 10.1

Execution Copy

VISHAY INTERTECHNOLOGY, INC.

THIRD AMENDED AND RESTATED

CREDIT AGREEMENT

DATED AS OF APRIL 20, 2007

COMERICA BANK,
 AS LEAD ARRANGER, BOOK RUNNING MANAGER AND
 ADMINISTRATIVE AGENT,

TABLE OF CONTENTS

	
   
 	
   
 	
   
 	
   
 	
  
Page
  
	
   
 	
   
 	
   
 	
   
 	
  

  
	
  1.
  	
  
DEFINITIONS
  	
   
 	
  
1
  
	
  
 
  	
  
1.1
  	
  
Certain   Defined Terms
  	
   
 	
  
1
  
	
  
 
  	
  
1.2
  	
  
Euro
  	
   
 	
  
25
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
2.
  	
  
REVOLVING   CREDIT
  	
   
 	
  
27
  
	
  
 
  	
  
2.1
  	
  
Commitment
  	
   
 	
  
27
  
	
   
  	
  
2.2
  	
  
Accrual of   Interest and Maturity; Evidence of Indebtedness
  	
   
 	
  
28
  
	
  
 
  	
  
2.3
  	
  
Requests for   and Refundings and Conversions of Advances
  	
   
 	
  
29
  
	
  
 
  	
  
2.4
  	
  
Disbursement   of Advances
  	
   
 	
  
31
  
	
  
 
  	
  
2.5
  	
  
(a) Swing   Line Advances
  	
   
 	
  
33
  
	
  
 
  	
  
2.6
  	
  
Prime-based   Interest Payments
  	
   
 	
  
40
  
	
   
  	
  
2.7
  	
  
Eurocurrency-based   Interest Payments and Quoted Rate Interest Payments
  	
   
 	
  
40
  
	
  
 
  	
  
2.8
  	
  
Interest   Payments on Conversions
  	
   
 	
  
41
  
	
  
 
  	
  
2.9
  	
  
Interest on   Default
  	
   
 	
  
41
  
	
  
 
  	
  
2.10
  	
  
Prepayment
  	
   
 	
  
42
  
	
  
 
  	
  
2.11
  	
  
Determination,   Denomination and Redenomination of Alternative Currency Advances
  	
   
 	
  
42
  
	
   
  	
  
2.12
  	
  
Prime-based   Advance in Absence of Election or Upon Default
  	
   
 	
  
43
  
	
  
 
  	
  
2.13
  	
  
Revolving   Credit Facility Fee
  	
   
 	
  
44
  
	
  
 
  	
  
2.14
  	
  
Currency   Appreciation; Mandatory Reduction of Indebtedness
  	
   
 	
  
44
  
	
  
 
  	
  
2.15
  	
  
Optional   Reduction or Termination of Revolving Credit Aggregate Commitment
  	
   
 	
  
46
  
	
  
 
  	
  
2.16
  	
  
Extensions   of Revolving Credit Maturity Date
  	
   
 	
  
46
  
	
   
  	
  
2.17
  	
  
Revolving   Credit Optional Increase
  	
   
 	
  
48
  
	
  
 
  	
  
2.18
  	
  
Application   of Advances
  	
   
 	
  
50
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
3.
  	
  
LETTERS OF   CREDIT
  	
   
 	
  
50
  
	
  
 
  	
  
3.1
  	
  
Letters of   Credit
  	
   
 	
  
50
  
	
   
  	
  
3.2
  	
  
Conditions   to Issuance
  	
   
 	
  
50
  
	
  
 
  	
  
3.3
  	
  
Notice
  	
   
 	
  
52
  
	
  
 
  	
  
3.4
  	
  
Letter of   Credit Fees
  	
   
 	
  
52
  
	
  
 
  	
  
3.5
  	
  
Other Fees
  	
   
 	
  
53
  
	
  
 
  	
  
3.6
  	
  
Drawings and   Demands for Payment Under Letters of Credit
  	
   
 	
  
54
  
	
   
  	
  
3.7
  	
  
Obligations   Irrevocable
  	
   
 	
  
56
  
	
  
 
  	
  
3.8
  	
  
Risk Under   Letters of Credit
  	
   
 	
  
57
  
	
  
 
  	
  
3.9
  	
  
Indemnification
  	
   
 	
  
58
  
	
  
 
  	
  
3.10
  	
  
Right of   Reimbursement
  	
   
 	
  
59
  
	
  
 
  	
  
3.11
  	
  
Existing   Letters of Credit
  	
   
 	
  
59
  
	
   
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
4.
  	
  
MARGIN   ADJUSTMENTS
  	
   
 	
  
60
  
	
  
 
  	
  
4.1
  	
  
Margin   Adjustments
  	
   
 	
  
60
  
	
  
 
  	
  
4.2
  	
  
Margins
  	
   
 	
  
61
  

i

	
  5.
  	
  
CONDITIONS
  	
   
 	
  
61
  
	
  
 
  	
  
5.1
  	
  
Execution of   this Agreement and the other Loan Documents
  	
   
 	
  
61
  
	
  
 
  	
  
5.2
  	
  
Corporate   Authority
  	
   
 	
  
61
  
	
  
 
  	
  
5.3
  	
  
Collateral   Documents and Guaranties
  	
   
 	
  
61
  
	
  
 
  	
  
5.4
  	
  
Representations   and Warranties — All Parties
  	
   
 	
  
62
  
	
   
  	
  
5.5
  	
  
Compliance   with Certain Documents and Agreements
  	
   
 	
  
62
  
	
  
 
  	
  
5.6
  	
  
Opinion of   Counsel
  	
   
 	
  
62
  
	
  
 
  	
  
5.7
  	
  
Certificates
  	
   
 	
  
62
  
	
  
 
  	
  
5.8
  	
  
Payment of   Agent’s and Other Fees
  	
   
 	
  
62
  
	
  
 
  	
  
5.9
  	
  
Other   Documents and Instruments
  	
   
 	
  
62
  
	
   
  	
  
5.10
  	
  
Continuing   Conditions
  	
   
 	
  
62
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
6.
  	
  
REPRESENTATIONS   AND WARRANTIES
  	
   
 	
  
63
  
	
  
 
  	
  
6.1
  	
  
Corporate   Existence
  	
   
 	
  
63
  
	
  
 
  	
  
6.2
  	
  
Due   Authorization — Company
  	
   
 	
  
63
  
	
   
  	
  
6.3
  	
  
Due   Authorization — Significant Subsidiaries
  	
   
 	
  
63
  
	
  
 
  	
  
6.4
  	
  
Title to   Material Property
  	
   
 	
  
64
  
	
  
 
  	
  
6.5
  	
  
Encumbrances
  	
   
 	
  
64
  
	
  
 
  	
  
6.6
  	
  
Subsidiaries
  	
   
 	
  
64
  
	
  
 
  	
  
6.7
  	
  
Taxes
  	
   
 	
  
64
  
	
   
  	
  
6.8
  	
  
No Defaults
  	
   
 	
  
64
  
	
  
 
  	
  
6.9
  	
  
Compliance   with Laws
  	
   
 	
  
64
  
	
  
 
  	
  
6.10
  	
  
Enforceability   of Agreement and Loan Documents
  	
   
 	
  
65
  
	
  
 
  	
  
6.11
  	
  
Non-contravention   — Company
  	
   
 	
  
65
  
	
  
 
  	
  
6.12
  	
  
Non-contravention   — Other Parties
  	
   
 	
  
65
  
	
   
  	
  
6.13
  	
  
No   Litigation — Company
  	
   
 	
  
66
  
	
  
 
  	
  
6.14
  	
  
No   Litigation — Other Parties
  	
   
 	
  
66
  
	
  
 
  	
  
6.15
  	
  
Consents, Approvals   and Filings, Etc
  	
   
 	
  
66
  
	
  
 
  	
  
6.16
  	
  
Agreements   Affecting Financial Condition
  	
   
 	
  
67
  
	
  
 
  	
  
6.17
  	
  
No   Investment Company; No Margin Stock
  	
   
 	
  
67
  
	
   
  	
  
6.18
  	
  
ERISA
  	
   
 	
  
67
  
	
  
 
  	
  
6.19
  	
  
Environmental   Matters and Safety Matters
  	
   
 	
  
68
  
	
  
 
  	
  
6.20
  	
  
Accuracy of   Information
  	
   
 	
  
69
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
7.
  	
  
AFFIRMATIVE   COVENANTS
  	
   
 	
  
69
  
	
   
  	
  
7.1
  	
  
Preservation   of Existence, Etc.
  	
   
 	
  
69
  
	
  
 
  	
  
7.2
  	
  
Keeping of   Books
  	
   
 	
  
69
  
	
  
 
  	
  
7.3
  	
  
Reporting   Requirements
  	
   
 	
  
69
  
	
  
 
  	
  
7.4
  	
  
Tangible Net   Worth
  	
   
 	
  
71
  
	
  
 
  	
  
7.5
  	
  
Leverage   Ratio
  	
   
 	
  
71
  
	
   
  	
  
7.6
  	
  
Fixed Charge   Coverage Ratio
  	
   
 	
  
71
  
	
  
 
  	
  
7.7
  	
  
Inspections
  	
   
 	
  
71
  
	
  
 
  	
  
7.8
  	
  
Taxes
  	
   
 	
  
71
  
	
  
 
  	
  
7.9
  	
  
Further   Assurances
  	
   
 	
  
72
  
	
  
 
  	
  
7.10
  	
  
Insurance
  	
   
 	
  
72
  
	
   
  	
  
7.11
  	
  
Indemnification
  	
   
 	
  
72
  
	
  
 
  	
  
7.12
  	
  
Governmental   and Other Approvals
  	
   
 	
  
72
  

ii

	
  
 
  	
  
7.13
  	
  
Compliance   with Contractual Obligations and Laws
  	
   
 	
  
73
  
	
  
 
  	
  
7.14
  	
  
ERISA
  	
   
 	
  
73
  
	
   
  	
  
7.15
  	
  
Environmental   Matters.
  	
   
 	
  
73
  
	
  
 
  	
  
7.16
  	
  
Significant   Subsidiaries
  	
   
 	
  
75
  
	
  
 
  	
  
7.17
  	
  
Security and   Defense of Collateral
  	
   
 	
  
77
  
	
  
 
  	
  
7.18
  	
  
Vishay   Israel
  	
   
 	
  
77
  
	
  
 
  	
  
7.19
  	
  
Use of   Proceeds
  	
   
 	
  
78
  
	
   
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
8.
  	
  
NEGATIVE   COVENANTS
  	
   
 	
  
78
  
	
  
 
  	
  
8.1
  	
  
Capital   Structure, Business Objects or Purpose
  	
   
 	
  
78
  
	
  
 
  	
  
8.2
  	
  
Limitations   on Fundamental Changes
  	
   
 	
  
78
  
	
  
 
  	
  
8.3
  	
  
Guaranties
  	
   
 	
  
79
  
	
   
  	
  
8.4
  	
  
Debt
  	
   
 	
  
80
  
	
  
 
  	
  
8.5
  	
  
Liens
  	
   
 	
  
82
  
	
  
 
  	
  
8.6
  	
  
Dividends
  	
   
 	
  
82
  
	
  
 
  	
  
8.7
  	
  
Investments
  	
   
 	
  
83
  
	
  
 
  	
  
8.8
  	
  
Accounts   Receivable
  	
   
 	
  
85
  
	
   
  	
  
8.9
  	
  
Transactions   with Affiliates
  	
   
 	
  
85
  
	
  
 
  	
  
8.10
  	
  
Intentionally   Omitted
  	
   
 	
  
85
  
	
  
 
  	
  
8.11
  	
  
Prohibition   Against Certain Restrictions
  	
   
 	
  
85
  
	
  
 
  	
  
8.12
  	
  
Intentionally   omitted
  	
   
 	
  
86
  
	
  
 
  	
  
8.13
  	
  
Amendment of   Subordinated Debt and Other Debt Documents and Permitted Securitizations
  	
   
 	
  
86
  
	
   
  	
  
8.14
  	
  
Payment or   Prepayment of Other Debts
  	
   
 	
  
86
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
9.
  	
  
DEFAULTS
  	
   
 	
  
86
  
	
  
 
  	
  
9.1
  	
  
Events of   Default
  	
   
 	
  
86
  
	
  
 
  	
  
9.2
  	
  
Exercise of   Remedies
  	
   
 	
  
89
  
	
   
  	
  
9.3
  	
  
Rights   Cumulative
  	
   
 	
  
89
  
	
  
 
  	
  
9.4
  	
  
Waiver by   Company and Permitted Borrowers of Certain Laws
  	
   
 	
  
90
  
	
  
 
  	
  
9.5
  	
  
Waiver of   Defaults
  	
   
 	
  
90
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
10.
  	
  
PAYMENTS,   RECOVERIES AND COLLECTIONS
  	
   
 	
  
90
  
	
   
  	
  
10.1
  	
  
Payment   Procedure
  	
   
 	
  
90
  
	
  
 
  	
  
10.2
  	
  
Application   of Proceeds of Collateral
  	
   
 	
  
92
  
	
  
 
  	
  
10.3
  	
  
Pro-rata   Recovery
  	
   
 	
  
92
  
	
  
 
  	
  
10.4
  	
  
Set Off
  	
   
 	
  
92
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  11.
  	
  
CHANGES IN   LAW OR CIRCUMSTANCES; INCREASED COSTS
  	
   
 	
  
93
  
	
  
 
  	
  
11.1
  	
  
Reimbursement   of Prepayment Costs
  	
   
 	
  
93
  
	
  
 
  	
  
11.2
  	
  
Eurocurrency   Lending Office
  	
   
 	
  
94
  
	
  
 
  	
  
11.3
  	
  
Availability   of Alternative Currency
  	
   
 	
  
94
  
	
  
 
  	
  
11.4
  	
  
Refunding   Advances in Same Currency
  	
   
 	
  
94
  
	
   
  	
  
11.5
  	
  
Circumstances   Affecting Eurocurrency-based Rate Availability
  	
   
 	
  
94
  
	
  
 
  	
  
11.6
  	
  
Laws   Affecting Eurocurrency-based Advance Availability
  	
   
 	
  
95
  
	
  
 
  	
  
11.7
  	
  
Increased   Cost of Eurocurrency-based Advances
  	
   
 	
  
95
  
	
  
 
  	
  
11.8
  	
  
Indemnity
  	
   
 	
  
96
  

iii

	
  
 
  	
  
11.9
  	
  
Judgment   Currency
  	
   
 	
  
96
  
	
  
 
  	
  
11.10
  	
  
Capital   Adequacy and Other Increased Costs
  	
   
 	
  
97
  
	
  
 
  	
  
11.11
  	
  
Substitution   of Lenders
  	
   
 	
  
97
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  12.
  	
  
AGENT
  	
   
 	
  
98
  
	
  
 
  	
  
12.1
  	
  
Appointment   of Agent
  	
   
 	
  
98
  
	
  
 
  	
  
12.2
  	
  
Deposit   Account with Agent or any Lender
  	
   
 	
  
99
  
	
  
 
  	
  
12.3
  	
  
Exculpatory   Provisions
  	
   
 	
  
99
  
	
  
 
  	
  
12.4
  	
  
Successor   Agent
  	
   
 	
  
100
  
	
   
  	
  
12.5
  	
  
Loans by   Agent
  	
   
 	
  
100
  
	
  
 
  	
  
12.6
  	
  
Credit   Decisions
  	
   
 	
  
100
  
	
  
 
  	
  
12.7
  	
  
Intentionally   Omitted
  	
   
 	
  
100
  
	
  
 
  	
  
12.8
  	
  
Agent’s Fees
  	
   
 	
  
100
  
	
  
 
  	
  
12.9
  	
  
Nature of   Agency
  	
   
 	
  
100
  
	
   
  	
  
12.10
  	
  
Authority of   Agent to Enforce This Agreement
  	
   
 	
  
101
  
	
  
 
  	
  
12.11
  	
  
Indemnification
  	
   
 	
  
101
  
	
  
 
  	
  
12.12
  	
  
Knowledge of   Default
  	
   
 	
  
102
  
	
  
 
  	
  
12.13
  	
  
Agent’s   Authorization; Action by Lenders
  	
   
 	
  
102
  
	
  
 
  	
  
12.14
  	
  
Enforcement   Actions by Agent
  	
   
 	
  
102
  
	
   
  	
  
12.15
  	
  
Collateral   Matters
  	
   
 	
  
102
  
	
  
 
  	
  
12.16
  	
  
Syndication   Agent and Documentation Agents
  	
   
 	
  
104
  
	
  
 
  	
  
 
  	
  
 
  	
   
 	
   
 
	
  
13.
  	
  
MISCELLANEOUS
  	
   
 	
  
104
  
	
  
 
  	
  
13.1
  	
  
Accounting   Principles
  	
   
 	
  
104
  
	
   
  	
  
13.2
  	
  
Consent to   Jurisdiction
  	
   
 	
  
104
  
	
  
 
  	
  
13.3
  	
  
Law of   Michigan
  	
   
 	
  
105
  
	
  
 
  	
  
13.4
  	
  
Interest
  	
   
 	
  
105
  
	
  
 
  	
  
13.5
  	
  
Closing   Costs; Other Costs
  	
   
 	
  
105
  
	
  
 
  	
  
13.6
  	
  
Notices
  	
   
 	
  
106
  
	
   
  	
  
13.7
  	
  
Further   Action
  	
   
 	
  
107
  
	
  
 
  	
  
13.8
  	
  
Successors   and Assigns; Assignments and Participations
  	
   
 	
  
107
  
	
  
 
  	
  
13.9
  	
  
Indulgence
  	
   
 	
  
111
  
	
  
 
  	
  
13.10
  	
  
Counterparts
  	
   
 	
  
111
  
	
  
 
  	
  
13.11
  	
  
Amendment   and Waiver
  	
   
 	
  
111
  
	
   
  	
  
13.12
  	
  
Taxes and   Fees
  	
   
 	
  
112
  
	
  
 
  	
  
13.13
  	
  
Confidentiality
  	
   
 	
  
112
  
	
  
 
  	
  
13.14
  	
  
Withholding   Taxes
  	
   
 	
  
112
  
	
  
 
  	
  
13.15
  	
  
ERISA   Restrictions
  	
   
 	
  
113
  
	
  
 
  	
  
13.16
  	
  
Restatement   Date
  	
   
 	
  
114
  
	
   
  	
  
13.17
  	
  
Severability
  	
   
 	
  
115
  
	
  
 
  	
  
13.18
  	
  
Table of   Contents and Headings; Construction of Certain Provisions
  	
   
 	
  
115
  
	
  
 
  	
  
13.19
  	
  
Independence   of Covenants
  	
   
 	
  
115
  
	
  
 
  	
  
13.20
  	
  
Reliance on   and Survival of Various Provisions
  	
   
 	
  
115
  
	
  
 
  	
  
13.21
  	
  
WAIVER OF   JURY TRIAL
  	
   
 	
  
115
  
	
   
  	
  
13.22
  	
  
Complete   Agreement; Amendment and Restatements
  	
   
 	
  
116
  
	
  
 
  	
  
13.23
  	
  
Patriot Act   Notice
  	
   
 	
  
116
  
	
  
 
  	
  
13.24
  	
  
Advertisements
  	
   
 	
  
116
  

iv

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

          THIS THIRD AMENDED AND RESTATED CREDIT AGREEMENT (“Agreement”) is made as of the 20th day of April, 2007 by and among Lenders  (as defined below), Comerica Bank, as Lead Arranger, Book Running Manager and Administrative Agent for Lenders (in its capacity as Administrative Agent, “Agent”), Vishay Intertechnology, Inc., a Delaware corporation (“Company”) and the Permitted Borrowers (as defined below and collectively with Company, the “Borrowers”) from time to time signatory hereto.

RECITALS

          A.          The Borrowers have requested that Lenders amend and restate that certain Second Amended and Restated Long Term Revolving Credit Agreement dated as of July 31, 2003 (as amended the “Prior Credit Agreement”).

          B.          Lenders are prepared to amend and restate the Prior Credit Agreement and to continue to extend credit to the Borrowers by amendment, restatement and renewal (but not in novation) of the Prior Credit Agreement, but only upon the terms and conditions set forth in this Agreement.

          NOW THEREFORE, BORROWERS, AGENT, AND LENDERS AGREE:

          1.            DEFINITIONS

          1.1          Certain Defined Terms.  For the purposes of this Agreement the following terms will have the following meanings:

          “Account Party(ies)” shall mean, with respect to any Letter of Credit, the account party or parties (which shall be any Borrower and/or any Significant Subsidiary which is not a Permitted Borrower hereunder jointly and severally with Company) as named in an application to Agent for the issuance of such Letter of Credit.

          “Advance(s)” shall mean, as the context may indicate, a borrowing requested by a Borrower, and made by Lenders under Section 2.1 of this Agreement, as the case may be, or requested by a Borrower and made by Swing Line Lender under Section 2.5 hereof (including without limitation any readvance, refunding or conversion of such borrowing pursuant to Section 2.3 or 2.5(c) hereof) and any advance in respect of a Letter of Credit under Section 3.6 hereof (including without limitation the unreimbursed amount of any draws under Letters of Credit) and shall include, as applicable, a Eurocurrency-based Advance, a Quoted Rate Advance, a Prime-based Advance and a Swing Line Advance.  For the avoidance of doubt, Advances hereunder shall include all borrowings under the Prior Credit Agreement and still outstanding as of the Restatement Date. 

          “Affiliate” shall mean, with respect to any Person, any other Person or group acting in concert in respect of the first Person that, directly or indirectly, through one or more intermediaries, controls, or is controlled by, or is under common control with such first Person. For purposes of this definition, “control” (including, with correlative meanings, the terms 

“controlled by” and “under common control with”), as used with respect to any Person or group of Persons, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management and policies of such Person, whether through the ownership of voting securities or by contract or otherwise.  Unless otherwise indicated, or the context otherwise requires, “Affiliates” as used herein shall mean Affiliates of Company.

          “Agent” shall mean Comerica Bank, a Michigan banking corporation, acting as administrative agent hereunder or any successor administrative agent appointed in accordance with Section 12.4 hereof.

          “Agent’s Correspondent” shall mean for Advances in eurodollars, Agent’s Grand Cayman Branch (or for the account of said branch office, at Agent’s main office in Detroit, Michigan, United States); for Advances in other Alternative Currencies, at such bank or banks as Agent may from time to time designate by written notice to the Borrowers and Lenders.

          “Agent’s Fees” shall mean those fees and expenses required to be paid by Company to Agent under Section 12.8 hereof.

          “Alternate Base Rate” shall mean, for any day, an interest rate per annum equal to the Federal Funds Effective Rate in effect on such day, plus one percent (1%).

          “Alternative Currency” shall mean Japanese Yen (“¥”), British Pounds Sterling (“Sterling”) and the Euro, and, subject to availability and to the terms and conditions of this Agreement, such other freely convertible foreign currencies, as requested by any of Borrowers and acceptable to Agent and Lenders, in their reasonable discretion.

          “Applicable Fee Percentage” shall mean, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 4.1.

          “Applicable Interest Rate” shall mean the Eurocurrency-based Rate, the Prime-based Rate or, with respect to Swing Line Advances, the Quoted Rate, as selected by a Borrower from time to time subject to the terms and conditions of this Agreement.

          “Applicable Margin” shall mean, as of any date of determination thereof, the applicable interest rate margin, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 4.1.

          “Assignment Agreement” shall have the meaning ascribed to such term in Section 13.8(c) hereof.

          “Authorized Officer” shall mean the Chairman, any Vice Chairman, President, Treasurer, CFO, or the Corporate Controller of Company or any applicable Subsidiary, as the case may be, or any person otherwise designated by Company or such Subsidiary, as the case may be, as having the authority to act for Company or such Subsidiary in the particular instance.

2

          “BCc Replacement Financing” shall mean the debt in the aggregate amount of $105,000,000 issued by Company to refinance certain mezzanine debt issued by BCcomponents Holdings B.V., a Dutch private limited liability company.

          “Borrowers” is defined in the preamble.

          “Business Day” shall mean any day on which commercial banks are open for domestic and international business (including dealings in foreign exchange) in Detroit, London and New York, and if funds are to be paid or made available in any Alternative Currency, on such day in the place where such funds are to be paid or made available and, if the applicable Business Day relates to the borrowing or payment of a Eurocurrency-based Advance denominated in Euros, on which banks and foreign exchange markets are open for business in the city where disbursements of or payments on such Advance are to be made which is a Trans-European Business Day.

          “Capital Expenditures” shall mean, without duplication, any amounts paid or accrued for a period in respect of any purchase or other acquisition for value of fixed or capital assets, net of the cash proceeds of any grant (but exclusive of any related debt issuance or other borrowing) received during such period by Company or any of its Subsidiaries from any governmental authority, up to the aggregate amount of capital additions in the relevant jurisdiction in which such grant was received during such period; provided that, in no event shall Capital Expenditures include amounts expended in respect of normal repair and maintenance of plant facilities, machinery, fixtures and other like capital assets utilized in the ordinary conduct of business (to the extent such amounts would not be capitalized in preparing a balance sheet determined in accordance with GAAP).

          “Collateral” shall mean all property or rights in which a security interest, mortgage, Lien or other encumbrance for the benefit of Lenders is or has been granted or arises or has arisen, under or in connection with this Agreement, the other Loan Documents, or otherwise.

          “Collateral Documents” shall mean the Pledge Agreements, and any related documents in each case as may be amended, restated or otherwise modified from time to time.

          “Commodities Hedging Obligation(s)” shall mean any precious metal commodity swap agreement, forward purchase agreement, cap agreement or collar agreement, and any other agreement or arrangement entered into for protection against fluctuations in precious metal prices, and, except as used in the definition of “Indebtedness,” not for speculative purposes.

          “Company” is defined in the Preamble.

          “Consolidated” or “Consolidating” shall, when used with reference to any financial information pertaining to (or when used as a part of any defined term or statement pertaining to the financial condition of) Company and its Subsidiaries mean the accounts of Company and its Subsidiaries determined on a consolidated or consolidating basis, as the case may be, all determined as to principles of consolidation and, except as otherwise specifically required by the definition of such term or by such statements, as to such accounts, in accordance with GAAP, applied on a consistent basis and consistent with the financial statements as at and for the fiscal year ended December 31, 2006.

3

          “Consolidated EBITDA” shall mean the EBITDA of Company and its Subsidiaries on a Consolidated basis.

          “Contractual Obligation” shall mean, as to any Person, any provision of any security issued by such Person or of any agreement, instrument or undertaking to which such Person is a party or by which it or any of its property is bound.

          “Covenant Compliance Report” shall mean the report to be furnished by Company to Agent, substantially in the form attached hereto as Exhibit D, as such exhibit may be amended or otherwise modified from time to time by the Required Lenders, and certified by the chief financial officer of Company pursuant to Section 7.3(c) hereof, for the purpose of monitoring the Borrowers’ compliance herewith and to notify Lenders of the acquisition or creation of new Subsidiaries.

          “Current Dollar Equivalent” shall mean, as of any applicable date of determination, with respect to any Advance or Letter of Credit made, issued or carried in an Alternative Currency, the amount of Dollars which is equivalent to the then outstanding principal amount of such Advance or Letter of Credit at the most favorable spot exchange rate determined by Agent to be available to it for the sale of Dollars for such Alternative Currency for delivery at approximately 11:00 A.M. (Detroit time) two (2) Business Days after such date.  Alternative Currency equivalents of Advances in Dollars (to the extent used herein) shall be determined by Agent in a manner consistent herewith.

          “Debt” shall mean, as of any applicable date of determination, all items of indebtedness, obligation or liability of a Person, whether matured or unmatured, liquidated or unliquidated, direct or indirect, absolute or contingent, joint or several, that should be classified as liabilities on a balance sheet and/or in accompanying footnotes in accordance with GAAP, including any contingent obligations resulting from the sale or transfer of assets.

          “Default” shall mean any event which, with the giving of notice or the passage of time, or both, would constitute an Event of Default.

          “Dollar Amount” shall mean (i) with respect to each Advance or Letter of Credit made, issued or carried (or to be made, issued or carried) in Dollars, the principal amount thereof and (ii) with respect to each Advance or Letter of Credit made, issued or carried (or to be made or carried) in an Alternative Currency, the amount of Dollars which is equivalent to the principal amount of such Advance or Letter of Credit at the most favorable spot exchange rate determined by Agent to be available to it for the sale of Dollars for such Alternative Currency at approximately 11:00 A.M. (Detroit time) two (2) Business Days before such Advance or Letter of Credit is made or issued (or to be made or issued), as such Dollar Amount may be adjusted from time to time pursuant to Section 2.11 hereof. When used with respect to any Alternative Currency portion of an Advance or Letter of Credit being repaid or
remaining outstanding at any time or with respect to any other sum expressed in an Alternative Currency, “Dollar Amount” shall mean the amount of Dollars which is equivalent to the principal amount of such Advance or Letter of Credit, or the amount so expressed in such Alternative Currency, at the most favorable spot exchange rate determined by Agent to be available to it for the sale of Dollars for such Alternative Currency at the relevant time.  Alternative Currency amounts of Advances made, carried or expressed in Dollars (to the extent used herein) shall be determined by Agent in a manner consistent herewith.

4

          “Dollars” and the sign “$” shall mean lawful money of the United States of America.

          “Domestic Advance” shall mean any Advance other than a Eurocurrency-based Advance or any other Advance denominated in an Alternative Currency.

          “Domestic Guaranty” shall mean that certain Second Amended and Restated Domestic Guaranty dated as of the Restatement Date delivered to Agent covering all Indebtedness outstanding of the Borrowers executed and delivered as of the date hereof (or to be executed and delivered by joinder) by Company and each of the Significant Domestic Subsidiaries, as amended, restated or otherwise modified from time to time. 

          “Domestic Permitted Borrower” shall mean any Permitted Borrower which is a Domestic Subsidiary.

          “Domestic Subsidiary” shall mean any Subsidiary of Company incorporated or organized under the laws of the United States of America, or any state or other political subdivision thereof or which is considered to be a “disregarded entity” for United States federal income tax purposes and which is not a “controlled foreign corporation” as defined under Section 957 of the Internal Revenue Code, in each case provided such Subsidiary is owned by Company or a Domestic Subsidiary of Company, and “Domestic Subsidiaries” shall mean any or all of them.

          “EBITDA” shall mean, of any Person, for any period, the Net Income of such Person for such period adjusted (A) to include, if applicable, the Net Income of any Person accrued during such period but prior to the date it became a Subsidiary of Company or was merged into or consolidated with Company (based on financial information reasonably satisfactory to Agent), and (B) to exclude, without duplication, the following items of income or expense to the extent that such items are included in the calculation of such Net Income:  (a) Interest Expense, (b) any non-cash expenses and charges, (c) total income tax expense, (d) depreciation expense, (e) the expense associated with amortization of intangible and other assets, (f) non-cash provisions for reserves for discontinued operations, (g) any extraordinary, unusual or non-recurring gains or losses or charges or credits, (h) any gain or loss
associated with the sale or write-down of assets, (i) any gain or loss from or attributable to minority interests and (j) any gain or loss accounted for by the equity method of accounting (except in the case of income to the extent of the amount of cash dividends or cash distributions paid to such Person or any Subsidiary of such Person by the entity accounted for by the equity method of accounting).

          “Effective Date” shall mean July 31, 2003.

          “EMU” shall mean Economic and Monetary Union as contemplated in the Treaty on European Union.

          “EMU Legislation” shall mean legislative measures of the European Council (including European Council regulations) for the introduction of, changeover to or operation of a single or unified European currency (whether known as the Euro or otherwise), being in part the implementation of the third stage of EMU.

5

          “Environmental Auditors” shall mean, when selected or retained by Company or Agent, as the case may be hereunder, such counsel, engineering or testing firms or other experienced, reputable environmental consultants reasonably acceptable to the Required Lenders.

          “Equity Interest” shall mean (i) in the case of any corporation, all capital stock and any securities exchangeable for or convertible into capital stock, (ii) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents of corporate stock (however designated) in or to such association or entity, (iii) in the case of a partnership or limited liability company, partnership or membership interests (whether general or limited) and (iv) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distribution of assets of, the issuing Person, and including, in all of the foregoing cases described in clauses (i), (ii), (iii) or (iv), any warrants, rights or other options to purchase or otherwise acquire any of the interests described in any of the foregoing cases.

          “Equity Offering” shall mean the issuance and sale for cash, on or after the date hereof, by Company or any of its Subsidiaries of additional Equity Interests.

          “Equity Offering Adjustment” shall mean that amount to be added to the minimum Tangible Net Worth required to be maintained under Section 7.4 hereof consisting of an amount equal to seventy-five percent (75%) of each Equity Offering conducted by Company or any of its Subsidiaries, net of costs of issuance, on and after December 31, 2006, on a cumulative basis; provided, however, that in the case of each Equity Offering by a Subsidiary, the amount of the Equity Offering Adjustment shall not exceed 75% of the amount, if any, by which such Equity Offering increases Tangible Net Worth.

          “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended, or any successor act or code, and the regulations in effect from time to time thereunder.

          “ERISA Affiliate” shall mean any trade or business (whether or not incorporated) which is under common control with Company within the meaning of Section 4001 of ERISA or is part of a group which includes Company and would be treated as a single employer under Section 414 of the Internal Revenue Code.

          “Euro” or “Euro Unit” shall mean the currency unit of the Euro as defined in the EMU Legislation.

          “Eurocurrency Rate” shall mean with respect to each Eurocurrency-based Advance carried in any Alternative Currency (and each Eurocurrency-Interest Period pertaining thereto) the per annum interest rate determined by Agent (or, in case of Swing Line Advances, Swing Line Lender) to be the offered rate for deposits in such currency with a term comparable to such Interest Period that appears on the applicable Telerate Page or the applicable British Bankers’ Association rate as reported by any generally recognized financial information service, in each case as reported at approximately 11:00 a.m., London time, two Business Days (or, in the case of a Eurocurrency-based Advance in Euros, on such other date as is customary in the relevant offshore interbank market) prior to the beginning of such Interest Period; provided, however, that 

6

if at any time for any reason such offered rate for any such currency does not appear on a Telerate Page or is not reported by any generally recognized financial information service, “Eurocurrency Rate” shall mean, with respect to each such Advance denominated in such currency,  the per annum interest rate at which deposits in the relevant currency are offered to Agent’s Eurocurrency Lending Office (or, in the case of Swing Line Advances, Swing Line Lender’s Eurocurrency Lending Office) by other prime banks in the relevant offshore interbank market in an amount comparable to the relevant Eurocurrency-based Advance and for a period equal to the relevant Eurocurrency-Interest Period at approximately 11:00 a.m. Detroit time two (2) Business Days prior to the first day of such Eurocurrency-Interest Period.

          “Eurocurrency-based Advance” shall mean any Advance (including a Swing Line Advance) which bears interest at the Eurocurrency-based Rate.

          “Eurocurrency-based Rate” shall mean a per annum interest rate which is equal to the sum of the Applicable Margin (subject, if applicable, to adjustment under Section 4.1 hereof), plus the quotient of:

	
  
 
  	
  
(A)
  	
  
(a) in the   case of Eurocurrency-based Advances carried in Dollars, the Eurodollar Rate,   or
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
(b) in the   case of Eurocurrency-based Advances carried in an Alternative Currency, the   Eurocurrency Rate,
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
divided by
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(B)
  	
  
a percentage   equal to 100% minus the maximum rate on such date at which Agent is required   to maintain reserves on ‘Eurocurrency Liabilities’ as defined in and pursuant   to Regulation D of the Board of Governors of the Federal Reserve System or,   if such regulation or definition is modified, and as long as Agent is   required to maintain reserves against a category of liabilities which   includes eurocurrency deposits or includes a category of assets which   includes eurocurrency loans, the rate at which such reserves are required to   be maintained on such category,
  

all as conclusively determined by Agent (absent manifest error), such sum to be rounded upward, if necessary, to the nearest whole multiple of 1/100th of 1%.

          “Eurocurrency-Interest Period” shall mean, (a) for Swing Line Advances carried at the Eurocurrency-based Rate, an interest period of fourteen (14) days or one month (or any lesser number of days agreed to in advance by a Borrower, Agent and Swing Line Lender) and (b) for all other Eurocurrency-based Advances, an interest period of one, two, three or six months (or any lesser or greater number of days agreed to in advance by a Borrower together with Agent and Lenders) as selected by such Borrower, as applicable, for a Eurocurrency-based Advance pursuant to Section 2.3 or 2.5 hereof, as the case may be.

7

          “Eurocurrency Lending Office” shall mean, (a) with respect to Agent, Agent’s office located at its Grand Caymans Branch or such other branch of Agent, domestic or foreign, as it may hereafter designate as its Eurocurrency Lending Office by written notice to Company and Lenders and (b) as to each of Lenders, its office, branch or affiliate located at its address set forth on the signature pages hereof (or identified thereon as its Eurocurrency Lending Office), or at such other office, branch or affiliate of such Lender as it may hereafter designate as its Eurocurrency Lending Office by written notice to Company and Agent.

          “Eurodollar Rate” shall mean with respect to each Eurocurrency-based Advance carried in Dollars (and each Eurocurrency-Interest Period pertaining thereto)  the per annum interest rate at which deposits in dollars are offered to Agent’s Eurocurrency Lending Office (or, in the case of Swing Line Advances, Swing Line Lender’s Eurocurrency Lending Office) by other prime banks in the eurocurrency market in an amount comparable to the relevant Eurocurrency-based Advance and for a period equal to the relevant Eurocurrency-Interest Period at approximately 11:00 a.m. Detroit time two (2) Business Days prior to the first day of such Eurocurrency-Interest Period.

          “Event of Default” shall mean any of the events specified in Section 9.1 hereof.

          “Existing Letter of Credit” shall mean each letter of credit issued under the Prior Credit Agreement, if any, which is outstanding on the Restatement Date, as set forth on Schedule 1.4 hereto.

          “Federal Funds Effective Rate” shall mean, for any day, a fluctuating interest rate per annum equal 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 which is a Business Day, the average of the quotations for such day on such transactions received by Agent from three Federal funds brokers of recognized standing selected by it.

          “Fee Letter” shall mean the fee letter dated February 9, 2007 between Company and Agent hereunder, as amended, restated or otherwise modified from time to time.

          “Fees” shall mean Agent’s Fees, the Revolving Credit Facility Fee, the Letter of Credit Fees, and the other fees and charges payable hereunder. 

          “Fixed Charge Coverage Ratio” shall mean, with respect to Company and its Consolidated Subsidiaries, as of any date of determination, a ratio, (i) the numerator of which shall be equal to Consolidated EBITDA for the preceding four fiscal quarters ending on the date of determination, minus Capital Expenditures during such period and (ii) the denominator of which shall be the Interest Expense of Company and its Consolidated Subsidiaries for such period, in each case determined in accordance with GAAP.

          “Foreign Guaranty” shall mean that certain Second Amended and Restated Foreign Guaranty dated the Restatement Date covering all Indebtedness of the Foreign Permitted Borrowers hereunder (but expressly excluding any Hedging Obligations) executed and delivered whether by joinder or otherwise (or to be executed and delivered by joinder) by the Significant Foreign Subsidiaries, together with any other guaranty executed and delivered by a Significant Foreign Subsidiary, in each case as amended, restated or otherwise modified from time to time.

8

          “Foreign Permitted Borrower” shall mean any Permitted Borrower hereunder which is a Foreign Subsidiary of Company.

          “Foreign Subsidiary” shall mean any of Company’s Subsidiaries, other than a Domestic Subsidiary; and “Foreign Subsidiaries” shall mean any or all of them.

          “GAAP” shall mean generally accepted accounting principles in the United States of America, as in effect from time to time, consistently applied.

          “Governmental Obligations” means noncallable direct general obligations of the United States of America or obligations the payment of principal of and interest on which is unconditionally guaranteed by the United States of America.

          “Granting Lender” shall mean a Lender which elects to grant to an SPFV the option to fund all or any part of any Advance that such Lender would otherwise be obligated to fund pursuant to this Agreement, in each case in accordance with Section 13.8(c) hereof; provided, however, that notwithstanding the funding by an SPFV of an Advance (or a portion thereof) hereunder, the Granting Lender shall retain all of its rights and obligations under this Agreement with respect to such Advance or otherwise.

          “Guarantee Obligation” shall mean as to any Person (the “guaranteeing person”) any obligation of the guaranteeing person in respect of any obligation of another Person (including, without limitation, any bank under any letter of credit), the creation of which was induced by a reimbursement agreement, guaranty agreement, keepwell agreement, purchase agreement, or similar obligation issued by the guaranteeing person, in either case guaranteeing or in effect guaranteeing any Debt, leases, dividends or other obligations (the “primary obligations”) of any other third Person (the “primary obligor”) in any manner, whether directly or indirectly, including, without limitation, any obligation of the guaranteeing person, whether or not contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect security therefor, (ii) to advance or
supply funds (1) for the purchase or payment of any such primary obligation or (2) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect thereof; provided, however, that the term Guarantee Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business.  The amount of any Guarantee Obligation of any guaranteeing person shall be deemed to be the lower of (a) an amount equal to the stated or determinable amount of the primary obligation in respect of which such Guarantee Obligation is made and (b) the maximum amount for which such
guaranteeing person may be liable pursuant to the terms of the instrument embodying such Guarantee Obligation, unless such primary obligation and the maximum amount for which such guaranteeing person may be liable are not stated or determinable, in which case the amount of such Guarantee Obligation shall be such guaranteeing person’s maximum reasonably anticipated liability in respect thereof as determined by Company or Subsidiary, as applicable, in good faith. 

9

          “Guaranties” shall mean the Domestic Guaranty and the Foreign Guaranty, and any other guaranty entered into in relation to the Indebtedness or any portion thereof, whether by joinder or otherwise, in each case as the same may be amended, restated or otherwise modified from time to time, and “Guaranty” shall mean any or all of them.

          “Guarantor(s)” shall mean each Person which shall have executed and delivered a Guaranty or a Joinder Agreement thereto. 

          “Hazardous Material” shall mean and include any hazardous, toxic or dangerous waste, substance or material defined as such in (or for purposes of) the Hazardous Material Laws.

          “Hazardous Material Law(s)” shall mean all laws, codes, ordinances, rules, regulations, orders, decrees and directives issued by any federal, state, provincial, local, foreign or other governmental or quasi-governmental authority or body (or any agency, instrumentality or political subdivision thereof) pertaining to Hazardous Material on or about any facilities owned, leased or operated by Company or any of its Subsidiaries, or any portion thereof including, without limitation, those relating to soil, surface, subsurface ground water conditions and the condition of the ambient air; and any state and local laws and regulations pertaining to Hazardous Material and/or asbestos; any so-called “superfund” or “superlien” law; and any other federal, state, provincial, foreign or local statute, law, ordinance, code, rule, regulation, order or decree regulating, relating to, or
imposing liability or standards of conduct concerning, any hazardous, toxic or dangerous waste, substance or material, as now or at any time prior to the payment in full of all Indebtedness and the termination in full of any obligations of the Lenders to extend Advances hereunder.

          “Hedging Obligation(s)” shall mean Interest Rate Protection Agreements and any foreign currency exchange agreements (including without limitation foreign currency hedges and swaps) or other foreign exchange transactions, or any combination of such transactions or agreements or any option with respect to any such transactions or agreements entered into between Company and/or any of its Subsidiaries and a Lender or an Affiliate of a Lender to manage existing or anticipated foreign exchange risk and not for speculative purposes, provided, that, for purposes of the Collateral Documents and the Foreign Guaranty, “Hedging Obligations” shall also include the Commodities Hedging Obligations to the extent such Commodities Hedging Obligations are “Indebtedness” as defined in this Agreement.

          “Hereof”, “hereto”, “hereunder” and similar terms shall refer to this Agreement in its entirety and not to any particular paragraph or provision of this Agreement.

          “Indebtedness” shall mean (a) all indebtedness and liabilities whether direct or indirect, absolute or contingent, owing by any of the Borrowers to Lenders (or any of them) or to Agent, in any manner and at any time, under this Agreement or the Loan Documents, due or hereafter to become due, now owing or that may hereafter be incurred by any of the Borrowers or any of the Subsidiaries to, or acquired by, Lenders (or any of them) or by Agent, (b) any Special Letters of Credit, (c) net obligations with respect to (i) Hedging Obligations and (ii) Commodities Hedging Obligations, provided that (x) the maximum aggregate amount which shall be available from proceeds of the Collateral under the Collateral Documents or from any other sums collected from the Borrowers or any of Company’s Subsidiaries pursuant to the Loan Documents (excluding the 

10

Loan Documents specifically governing the Commodities Hedging Obligations) for application against Commodities Hedging Obligations shall not exceed $10,000,000 (with the application of such proceeds to be made by Agent on a basis consistent with Section 10.2 hereof, such application to be made on a pro rata basis among the eligible hedging providers under those Commodities Hedging Obligations designated by Company pursuant to clause (y) of this definition, but otherwise in Agent’s sole discretion), (y) the documentation relating to such Commodities Hedging Obligations, including a letter agreement between the hedging provider and Company or applicable Subsidiary covering multiple commodities hedging transactions (I) specifies that such obligations have been designated by Company as (and, subject to the terms hereof, shall constitute) “Indebtedness” hereunder and (II) contains an express acknowledgment by the eligible hedging provider (satisfactory
in form and substance to Agent) of the limitation imposed on all Commodities Hedging Obligations under clause (x) of this definition, and (z) copies of such documentation shall have been provided to Agent promptly following the execution thereof, accompanied by an updated list of all such documents having been so designated by Company (which Agent is hereby authorized to furnish to any hedging provider requesting such documentation), provided further that both the Commodities Hedging Obligations and the Hedging Obligations are entered into between Company and/or any of its Subsidiaries and a Lender or an Affiliate of a Lender, (d) any judgments that may hereafter be rendered on such indebtedness or any part thereof, with interest according to the rates and terms specified, or as provided by law, (e) solely to the extent this term is used in any Pledge Agreement, Guaranty or other document guarantying or pledging Collateral in support of the obligations of any of the Borrowers hereunder
and as “Indebtedness” is used in Section 10.2 hereof, any liabilities to Agent or any Lender arising in connection with any Lender Products, and  (f) any and all consolidations, amendments, renewals, replacements or extensions of any of the foregoing.  For the purposes of Section 9.2(b), “Indebtedness” shall exclude any Hedging Obligations or Commodities Hedging Obligations.

          “Intercompany Loan” shall mean any loan (or advance in the nature of a loan) by Company or any Subsidiary of Company to Company or any Subsidiary of Company.

          “Intercompany Loans, Advances or Investments” shall mean any Intercompany Loan, any advance, any Investment (including, without limitation, any Guaranty Obligations of any indebtedness or lease obligations of Company or any Subsidiary to a third party) made by Company or any Subsidiary to, in or for the benefit of, as applicable, Company or any Subsidiary.

          “Intercompany Notes” shall mean the promissory notes issued or to be issued by any Subsidiary to Company or to any Significant Domestic Subsidiary to evidence an Intercompany Loan, substantially in the form attached hereto as Exhibit I.

          “Interest Expense” shall mean, for any Person and with respect to any period, the sum of the amount of interest paid or accrued in respect of such period, determined in accordance with GAAP.

          “Interest Period” shall mean (a) with respect to a Eurocurrency-based Advance, a Eurocurrency-Interest Period commencing on the day a Eurocurrency-based Advance is made, or on the effective date of an election of the Eurocurrency-based Rate made under Section 2.3 

11

hereof, as the case may be, and (b) with respect to a Swing Line Advance carried at the Quoted Rate, an interest period of one month (or any lesser number of days agreed to in advance by any Borrower, Agent and Swing Line Lender); provided, however that (i) any Interest Period which would otherwise end on a day which is not a Business Day shall end on the next succeeding Business Day, except that as to a Eurocurrency-Interest Period, if the next succeeding Business Day falls in another calendar month, such Eurocurrency-Interest Period shall end on the next preceding Business Day, and (ii) when a Eurocurrency-Interest Period begins on a day which has no numerically corresponding day in the calendar month during which such Eurocurrency-Interest Period is to end, it shall end on the last Business Day of such calendar month, and (iii) no Interest Period shall extend beyond the Revolving Credit Maturity Date.

          “Interest Rate Protection Agreement(s)” shall mean any interest rate, swap, cap, floor, collar, forward rate agreement or other rate protection transaction, or any combination of such transactions or agreements or any option with respect to any such transactions or agreements now existing or hereafter entered into by Company or any of its Subsidiaries to manage existing or anticipated interest rate risk and not for speculative purposes.

          “Internal Revenue Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated thereunder.

          “Investment” shall mean any investment, loan or advance by Company or any of its Subsidiaries to, or any other loan, advance or investment (including without limitation any Guarantee Obligation) by Company or any of its Subsidiaries in, to or for the benefit of any Person (including without limitation, Company or any Subsidiary), without offset, reduction or other adjustment, whether such loan, advance or investment shall be in the nature of an investment in Equity Interests, evidences of indebtedness, Guarantee Obligations or otherwise.

          “Israeli Subsidiary(ies)” shall mean any Subsidiary of the Company (including Vishay Israel), whether direct or indirect, incorporated under the laws of Israel.

          “Issuing Lender” shall mean Comerica Bank, or any successor thereto.

          “Issuing Office” shall mean Agent’s office located at One Detroit Center, 500 Woodward Avenue, Detroit, Michigan 48275 or such other office as Agent shall designate in writing as its Issuing Office.

          “Joinder Agreement” shall mean a joinder agreement in the form attached as Exhibit A to the form of the Domestic Guaranty or to the form of the Foreign Guaranty, to be executed and delivered by any Person required to be a Guarantor pursuant to Section 7.16 of this Agreement.

          “Joint Venture” shall mean any corporation, partnership, association, joint stock company, limited liability company, partnership, business trust or other combined enterprise, other than a Subsidiary, in which (or to which) Company or any of its Subsidiaries has made a loan, investment or advance or has an ownership stake or interest, whether in the nature of Share Capital or otherwise (but expressly excluding Permitted Investments) to fund a business enterprise.

12

          “Lender(s)” shall mean each of Lenders signatory to this Agreement and any assignee which becomes a Lender pursuant to Section 13.8(c) hereof, and shall include, as applicable, Swing Line Lender.

          “Lender Products” shall mean any one or more of the following types of services or facilities extended to Company or any of its Subsidiaries by any Lender: (i) credit cards, (ii) credit card processing services, (iii) debit cards, (iv) purchase cards, (v) Automated Clearing House (ACH) transactions, (vi) cash management, including controlled disbursement services, and (vii) establishing and maintaining deposit accounts.

          “Letter(s) of Credit” shall mean any standby letters of credit issued by Agent at the request of or for the account of an Account Party or Account Parties pursuant to Article 3 hereof, including, without limitation, any Existing Letters of Credit.

          “Letter of Credit Agreement” shall mean, in respect of each Letter of Credit, the application and related documentation satisfactory to Agent of an Account Party or Account Parties requesting Agent to issue such Letter of Credit, as amended from time to time.

          “Letter of Credit Fees” shall mean the fees payable to Agent for the accounts of Lenders in connection with Letters of Credit pursuant to Section 3.4 hereof.

          “Letter of Credit Maximum Amount” shall mean, as of any date of determination, the lesser of: (a) Seventy Five Million Dollars ($75,000,000) and (b) the Revolving Credit Aggregate Commitment as of such date, minus the aggregate principal amount of Advances outstanding as of such date under the Revolving Credit and under the Swing Line, minus, in each case the Letter of Credit Reserve in effect on such date.

          “Letter of Credit Obligations” shall mean at any date of determination, the sum of (a) the aggregate undrawn amount of all Letters of Credit then outstanding, and (b) the aggregate amount of Reimbursement Obligations which remain unpaid as of such date.

          “Letter of Credit Payment” shall mean any amount paid or required to be paid by Agent in its capacity hereunder as issuer of a Letter of Credit as a result of a draft or other demand for payment under any Letter of Credit.

          “Letter of Credit Reserve” shall mean Five Million Dollars ($5,000,000), as decreased by Company with Agent’s approval.

          “Leverage Ratio” shall mean, as of any date of determination, with respect to Company and its Consolidated Subsidiaries, the ratio of (a) Total Debt as of such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters then ending.

          “Lien” shall mean any pledge, assignment, hypothecation, mortgage, security interest, deposit arrangement, option, trust receipt, conditional sale or title retaining contract, sale and leaseback transaction, or any other type of Lien, charge or encumbrance, whether based on common law, statute or contract.

13

          “Loan Documents” shall mean collectively, this Agreement, the Letter of Credit Agreements, the Guaranties, the Reaffirmation of Certain Loan Documents, the Collateral Documents, agreements relating to Hedging Obligations entered into between Company and/or any of its Subsidiaries and a Lender or an Affiliate of a Lender, agreements relating to Commodities Hedging Obligations (to the extent such Commodities Hedging Obligations are “Indebtedness” as defined in this Agreement), and any other documents, instruments or agreements executed pursuant to or in connection with any such document, the Indebtedness or this Agreement as such documents may be amended or otherwise modified from time to time.  For the purposes of Section 13.11, “Loan Documents” shall exclude any Hedging Obligations and Commodities Hedging Obligations.

          “Moody’s” means Moody’s Investors Service, Inc., its successors and assigns, and, if such organization shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, “Moody’s” shall be deemed to refer to any other nationally recognized securities rating agency designated by Agent.

          “Multiemployer Plan” shall mean any multiemployer plan within the meaning of Section 4001(a)(3) of ERISA.

          “National Currency Unit” shall mean a fraction or multiple of one Euro Unit expressed in units of the former national currency of a Participating Member State.

          “Net Income” shall mean the net income (or loss) of a Person for any period determined in accordance with GAAP.

          “Net Income Adjustment” shall mean that amount to be added to the minimum Tangible Net Worth required to be maintained under Section 7.4 hereof consisting of fifty percent (50%) of Company’s Consolidated Net Income for each of Company’s fiscal quarters ending on or after March 31, 2007 (in each case, only if a positive number), on a cumulative basis.

          “New Convertible Subordinated Debt” means that certain new convertible subordinated Debt of Company in the amount of up to $500,000,000 to be issued by Company under an Indenture dated as of August 6, 2003 between Company and Wachovia Bank, National Association, as Trustee on substantially the terms and conditions contained in Company’s Offering Memorandum relating to such debt dated July 31, 2003. 

          “Notes” shall mean the Revolving Credit Notes or the Swing Line Notes, or any or all of the Revolving Credit Notes and the Swing Line Notes as the context indicates, and in the absence of such indication, all such notes.

          “Participating Member State” shall mean such country so described in any EMU Legislation.

          “PBGC” shall mean the Pension Benefit Guaranty Corporation under ERISA, or any successor corporation.

          “Pension Plan” shall mean each employee pension benefit plan, as defined in Section 3(2) of ERISA, of Company or an ERISA Affiliate but only to the extent such Pension Plan is subject to ERISA, as provided in Section 4 of ERISA, and is subject to Section 412 of the Internal Revenue Code and Section 302 of ERISA other than a Multiemployer Plan.

14

          “Percentage” shall mean, with respect to any Lender, its percentage share, as set forth on Schedule 1.1 hereto, of the Letters of Credit or the Revolving Credit, as the context indicates, as such Schedule may be revised from time to time by Agent in accordance with Section 13.8(d) hereof.

          “Permitted Acquisition” shall mean any acquisition by Company or any of its Subsidiaries of assets, businesses or business interests or Equity Interests in any Person (whether such acquisition is consummated by purchase or merger, provided that the Company or the applicable Subsidiary is the survivor of such merger), conducted while no Default or Event of Default has occurred and is continuing hereunder (both before and after giving effect thereto) in accordance with the following requirements:

	
  
 
  	
  
(a)
  	
  
Such   acquisition is of a business or Person primarily engaged in a line of   business in which Company or any Subsidiary is permitted to engage under Section   8.1(b) hereof;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
The board of   directors (or other Person(s) exercising similar functions) of the seller of   the assets or issuer of the Equity Interests being acquired shall have   approved such transaction or recommended that such transaction be approved;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
in the event   that the value of such proposed new acquisition, computed on the basis of   total acquisition consideration paid or incurred, or to be paid or incurred,   by Company or its Subsidiaries with respect thereto, including all   indebtedness which is assumed or to which such assets, businesses or business   or ownership interests or shares, or any Person so acquired, is subject, but   excluding the value of any common shares of the Company transferred as a part   of such acquisition, shall be
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
greater than   or equal to Fifty Million Dollars ($50,000,000), determined as of the date of   such acquisition, then not less than fifteen (15) nor more than ninety (90)   days prior to the date each such proposed acquisition is scheduled to be   consummated, Company provides written notice thereof to Agent, accompanied by   (A) the term sheet, purchase agreement    and, when available, drafts of all material documents pertaining to   such proposed acquisition, (B) historical financial information (including,   but not limited to, income statements, balance sheets and cash flows)   covering either the three most recent complete fiscal years of the   acquisition target prior to the effective date of the acquisition or the   entire credit history of the acquisition target, whichever period is shorter,   and the quarterly financial statements of the acquisition target for the most   recent eight consecutive fiscal quarters (provided however that, if the
financial information referred to in this subparagraph (B) is not available,   Company shall furnish Agent with financial information otherwise reasonably   satisfactory to the Required Lenders) and (C) Pro Forma Projected Financial   Information, or
  

15

	
   
  	
  
 
  	
  
(ii)
  	
  
less than   Fifty Million Dollars ($50,000,000) but greater than or equal to Ten Million   Dollars ($10,000,000), then not less than ten (10) Business Days after date   each such proposed acquisition has been consummated, Company provides written   notice thereof to Agent (with certified copies of all material documents   pertaining to such acquisition);
  

whereupon Agent shall promptly upon its receipt thereof distribute copies of all notices and other materials received from Company under this clause (c) to each Lender; and

	
  
 
  	
  
(d)
  	
  
within   thirty (30) days after any such acquisition has been completed, Company, its   Subsidiaries and any of the other business entities involved in such   acquisition shall execute or cause to be executed, and provide or cause to be   provided to Agent, any Loan Documents required under Section 7.16 hereof.
  

          “Permitted Borrower Addendum” shall mean an addendum substantially in the form attached hereto as Exhibit H, to be executed and delivered by each Permitted Borrower which becomes a party to this Agreement after the date hereof, as such Exhibit may be amended from time to time.

          “Permitted Borrower Sublimit” shall mean the maximum aggregate amount of Advances and Letters of Credit (including Letter of Credit Obligations) available at any time to each of the Permitted Borrowers hereunder, as set forth on Schedule 1.6 hereof.  

          “Permitted Borrower(s)” shall mean Vishay Europe, Vishay Electronic, Vishay Asia, Siliconix, Siliconix Technology and Vishay India (subject, in each case, to prior compliance in full with the requirements of Section 2.1 hereof), and any Wholly Owned Subsidiary of Company which, after the Restatement Date and with the prior written approval of Lenders, becomes a party hereto pursuant to the requirements of Section 2.1 hereof.

          “Permitted Currencies” shall mean Dollars or any Alternative Currency.

          “Permitted Liens” shall mean, with respect to any Person:

	
  
 
  	
  
(a)
  	
  
Liens for   taxes not yet due and payable or which are being contested in good faith by   appropriate proceedings diligently pursued, provided that such provision for   the payment of all such taxes known to such Person has been made on the books   of such Person as may be required by GAAP;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
mechanics’,   materialmen’s, bankers’, carriers’, warehousemen’s, and similar Liens and   encumbrances arising in the ordinary course of business and securing   obligations of such Person that are not overdue for a period of more than 60   days or are being contested in good faith by appropriate proceedings   diligently pursued, provided that in the case of any such contest (i) any   proceedings commenced for the enforcement of such Liens and encumbrances   shall have been duly suspended; and (ii) such provision for the payment of   such Liens and encumbrances has been made on the books of such Person as may   be required by GAAP;
  

16

	
  
 
  	
  
(c)
  	
  
Liens   arising in connection with worker’s compensation, unemployment insurance, old   age pensions (subject to the applicable provisions of this Agreement) and   social security benefits which are not overdue or are being contested in good   faith by appropriate proceedings diligently pursued, provided that in the   case of any such contest (i) any proceedings commenced for the enforcement of   such Liens shall have been duly suspended; and (ii) such provision for the   payment of such Liens has been made on the books of such Person as may be   required by GAAP;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(d)
  	
  
(i) Liens   incurred in the ordinary course of business to secure the performance of   statutory obligations arising in connection with progress payments or advance   payments due under contracts with the United States or any foreign government   or any agency thereof entered into in the ordinary course of business and   (ii) Liens incurred or deposits made in the ordinary course of business to   secure the performance of statutory obligations (including obligations to   customs authorities), bids, leases, fee and expense arrangements with   trustees and fiscal agents and other similar obligations (exclusive of   obligations incurred in connection with the borrowing of money, any   lease-purchase arrangements or the payment of the deferred purchase price of   property), provided that full provision for the payment of all such   obligations set forth in clauses (i) and (ii) has been made on the books of   such Person as may be required by GAAP; and

	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
any minor   imperfections of title, including but not limited to easements, covenants,   rights-of-way or other similar restrictions, which, either individually or in   the aggregate do not materially adversely affect the present or future use of   the property to which they relate, which would have a material adverse effect   on the sale or lease of such property, or which would render title thereto   unmarketable.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
“Permitted   Investments” shall mean:
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(a)
  	
  
Governmental   Obligations;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
Obligations   of a state of the United States, the District of Columbia or any possession   of the United States, or any political subdivision thereof, which are   described in Section 103(a) of the Internal Revenue Code and are rated in any   of the highest 3 major rating categories as determined by at least one   nationally recognized Rating Agency; or secured, as to payments of principal   and interest, by a letter of credit provided by a financial institution or   insurance provided by a bond insurance company which itself or its debt is   rated in the highest 3 major rating categories as determined by at least one   Rating Agency;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(c)
  	
  
Banker’s   acceptances, commercial accounts, certificates of deposit, or depository   receipts issued by a bank, trust company, savings and loan association,   savings bank or other financial institution whose deposits are insured by the   Federal Deposit Insurance Corporation and whose reported capital and surplus   equal at least $500,000,000;
  

17

	
  
 
  	
  
(d)
  	
  
commercial   paper with a minimum rating of “A-1” (or better) by S&P or “P-1” (or   better) by Moody’s, full faith and credit direct obligations of the United   States of America or, with respect to the Foreign Subsidiaries, of the   central government of the applicable jurisdiction, or any agency thereof,   certificates of deposit, and other short term investments (each of a duration   of one year or less), maintained by Company or any of its Subsidiaries   consistent with the present investment practices of such parties (as   classified in the current financial statements of such parties);
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(e)
  	
  
Secured   repurchase agreements against obligations itemized in paragraph (a) above,   and executed by a bank or trust company or by members of the association of   primary dealers or other recognized dealers in United States government   securities, the market value of which must be maintained at levels at least   equal to the amounts advanced and repurchase agreements entered into with   counterparties having ratings in either of the highest two rating categories   by Moody’s or S&P, or the highest rating category by Fitch Investor   Services, Duff & Phelps or Thompson Bank Watch and providing for   underlying securities to be held by a third party;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Any fund or   other pooling arrangement which exclusively purchases and holds the   investments itemized in (a) through (e) above; and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
other short   term investments (excluding investments in Subsidiaries, Affiliates or Joint   Ventures) made or maintained by any Foreign Subsidiary outside of the United   States of America in the ordinary course of its business, consistent with the   present investment practices of Company and its Subsidiaries as of the date   hereof (generally, and as to the individual and aggregate amounts and other   terms thereof).
  

          “Permitted Securitization” shall mean the transfer or encumbrance of certain foreign accounts receivable by any of the Foreign Subsidiaries to a Special Purpose Subsidiary conducted in accordance with the following requirements:

	
  
 
  	
  
(a)
  	
  
The   disposition of foreign accounts receivable will not result in the aggregate   principal amount of Debt at any time issued and outstanding in respect of   Permitted Securitizations being in excess of Two Hundred Million Dollars   ($200,000,000) in aggregate while the Indebtedness remains outstanding;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
The Foreign   Subsidiary disposing of foreign accounts receivable to a Special Purpose   Subsidiary pursuant to such Permitted Securitization shall itself actually   receive (substantially contemporaneously with such disposition) cash in   connection with any such Securitization Transaction in an amount based on   normal and customary advance rates (and taking into account typical   deductions for market-based, arms-length Securitization Transactions);
  

18

	
  
 
  	
  
(c)
  	
  
Each such   disposition shall be without recourse to Company or its Domestic Subsidiaries   and otherwise on normal and customary terms and conditions for comparable   asset-based Securitization Transactions;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Each such   Securitization Transaction shall be structured on the basis of the issuance   of non-recourse (to Company or its Domestic Subsidiaries) Debt or other   similar securities by a Special Purpose Subsidiary;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Both   immediately before and immediately after each such disposition, no Default or   Event of Default (whether or not related to such disposition) shall have   occurred and be continuing; and
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Immediately   prior to and immediately after conducting each such Securitization   Transaction, Company must have on its rated Senior Debt a BB- or better   rating from S&P and a Ba3 rating or better from Moody’s.
  

          “Permitted Transfer” shall mean (i) any disposition of inventory or worn out or obsolete machinery, equipment or other such personal property in the ordinary course of business, and (ii) the transfer by Company or its Subsidiaries to Company or any Wholly Owned Subsidiary of machinery and equipment from and after the Restatement Date (provided that no Default or Event of Default has occurred and is continuing at the time of any such transfer).

          “Permitted Transferee” shall mean a “Permitted Transferee” as defined in Company’s current Certificate of Incorporation, and any subsequent amendment of the definition of such term approved by the Required Lenders.

          “Person” shall mean an individual, corporation, partnership, limited liability company, trust, incorporated or unincorporated organization, joint venture, joint stock company, or a government or any agency or political subdivision thereof or other entity of any kind.

          “Pledge Agreement(s)” shall mean that certain Second Amended and Restated Stock Pledge and Security Agreement dated as of April 20, 2007, as the same may be amended, restated or otherwise modified from time to time, together with all other pledge agreements, including any nantissements, notarial deeds, pledges of financial instrument accounts, or other local law pledges (and any of them) previously executed and delivered, executed and delivered as of the Restatement Date or to be executed or delivered pursuant to this Agreement (as the same may be amended, restated or otherwise modified from time to time) all, in favor of Agent, for and on behalf of Lenders under this Agreement (or pledged directly to the Lenders, as local law shall require), provided, however, that with respect to those Pledge Agreements executed by or covering the Equity Interests of a Significant Foreign Subsidiary
prior to the Restatement Date such Pledge Agreements may exclude from the Indebtedness secured thereunder Hedging Obligations that are deemed Indebtedness hereunder.

          “Prime Rate” shall mean the per annum interest rate established by Agent, or in the case of Swing Line Advances carried at the Prime-based Rate, by Swing Line Lender, as its prime rate for its borrowers, as such rate may vary from time to time, which rate is not necessarily the lowest rate on loans made by Agent or Swing Line Lender at any such time.

19

          “Prime-based Advance” shall mean an Advance (including a Swing Line Advance) which bears interest at the Prime-based Rate.

          “Prime-based Rate” shall mean that rate of interest which is the greater of (i) the Prime Rate or (ii) the Alternate Base Rate.

          “Prior Credit Agreement” is defined in the Preamble.

          “Pro Forma Projected Financial Information” shall mean, as to any proposed acquisition, a statement executed by an Authorized Officer of Company (supported by reasonable detail) setting forth the total consideration to be paid or incurred in connection with the proposed acquisition and, pro forma combined projected financial information for Company and its Consolidated Subsidiaries and the acquisition target (if applicable), consisting of projected opening balance sheets and covenant calculations as of the proposed effective date of the acquisition and as of the end of at least the next succeeding three (3) fiscal years of Company following the acquisition and projected statements of income, balance sheets and cash flow statements for each of those years based on historical financial information prepared in accordance with GAAP, including sufficient detail to permit calculation of the amounts
and the financial covenants described in Sections 7.4 through 7.6 hereof and evidencing projected compliance therewith, as projected as of the effective date of the acquisition and for those fiscal years and accompanied by (i) a statement setting forth a calculation of the ratios and amounts so described and (ii) a statement in reasonable detail specifying all material assumptions underlying the projections.

          “Prohibited Transaction” shall mean any transaction involving a Pension Plan which constitutes a “prohibited transaction” under Section 406 of ERISA or Section 4975 of the Internal Revenue Code.

          “Quoted Rate” shall mean the rate of interest per annum offered by Swing Line Lender in its sole discretion with respect to a Swing Line Advance.

          “Quoted Rate Advance” means any Swing Line Advance which bears interest at the Quoted Rate.

          “Rating Agency” shall mean S&P, or Moody’s, or any of their respective successors, or any other nationally recognized rating agency, and “Rating Agencies” shall be the collective reference to any or all of the foregoing.

          “Refunded Swing Line Advance” is defined in Section 2.5(e) hereof.

          “Register” is defined in Section 13.8(f) hereof.

          “Reimbursement Obligation(s)” shall mean the aggregate amount of all unreimbursed drawings under all Letters of Credit (excluding for the avoidance of doubt, reimbursement obligations that are deemed satisfied pursuant to a deemed disbursement under this Agreement).

          “Reportable Event” shall mean a “reportable event” within the meaning of Section 4043 of ERISA and the regulations promulgated thereunder, which is material to Company and its Subsidiaries, taken as a whole, the reporting of which has not been waived under such regulations. 

20

          “Request for Advance” shall mean a Request for Revolving Credit Advance or a Request for Swing Line Advance, or either of them, as the context may indicate or otherwise require.

          “Request for Revolving Credit Advance” shall mean a request for Revolving Credit Advance issued by Company or by a Permitted Borrower and countersigned by Company under Section 2.3(c) hereof, as the case may be, in the form attached annexed hereto as Exhibit A-1, as such form may be amended or otherwise modified from time to time. 

          “Request for Swing Line Advance” shall mean a request for Swing Line Advance issued by Company or by a Permitted Borrower and countersigned by Company under Section 2.5(c) hereof, in the form attached annexed hereto as Exhibit A-2, as such form may be amended or otherwise modified from time to time. 

          “Required Lenders” shall mean at any time (a) so long as the Revolving Credit Aggregate Commitment has not been terminated, Lenders holding more than 50.0% of the Revolving Credit Aggregate Commitment and (b) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), Lenders holding more than 50.0% of the aggregate principal amount then outstanding under the Revolving Credit; provided that, for purposes of determining Required Lenders hereunder, the Letter of Credit Obligations and principal amount outstanding under the Swing Line shall be allocated among Lenders based on their respective Percentages, and the Indebtedness relating to the Special Letters of Credit shall be allocated to the issuer thereof.

          “Restatement Date” shall mean April 20, 2007 on which all of the conditions precedent set forth in Sections 5.1 through 5.10 hereof have been satisfied, as evidenced by the closing certificate of Company.

          “Revolving Credit” shall mean the revolving credit loans to be advanced to the Borrowers by Lenders pursuant to Section 2 hereof, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the Revolving Credit Aggregate Commitment.

          “Revolving Credit Aggregate Commitment” shall mean Two Hundred Fifty Million Dollars ($250,000,000.00) subject to (i) any increases in the Revolving Credit Aggregate Commitment from time to time pursuant to Section 2.17 of this Agreement, by an amount not to exceed the Revolving Credit Optional Increase and (ii) reduction or termination under Section, 2.15, 2.16 or 9.2 hereof.

          “Revolving Credit Facility Fee” shall mean the facility fee payable to Agent for distribution to Lenders pursuant to Section 2.13 hereof.

          “Revolving Credit Maturity Date” shall mean the earlier to occur of (i) April 20, 2012, as such date may be extended from time to time pursuant to Section 2.16 hereof, and (ii) the date on which the Revolving Credit Aggregate Commitment shall be terminated pursuant to Section 2.15 or 9.2 hereof.

21

          “Revolving Credit Notes” shall mean the revolving credit notes which may be issued by the Borrowers at the request of a Lender pursuant to Section 2.2(e) hereof in the form annexed to this Agreement as Exhibit B-1 and B-2, as applicable, as such Notes may be amended, renewed, replaced or extended from time to time.

          “Revolving Credit Optional Increase” shall mean an amount up to Two Hundred Fifty Million Dollars ($250,000,000.00), minus the portions thereof applied from time to time under Section 2.16 hereof to increase the Revolving Credit Aggregate Commitment.

          “Securitization Transaction(s)” shall mean a transfer of, or grant of a Lien on, foreign accounts receivable by any Foreign Subsidiary to a Special Purpose Subsidiary or other special purpose or limited purpose entity and the issuance (whether by such Special Purpose Subsidiary or other special purpose or limited purpose entity or any other Person) of Debt or of any securities secured directly or indirectly by interests in, or of trust or a comparable certificates or other securities directly or indirectly evidencing interests in, such foreign accounts receivable.

          “Senior Debt” shall mean, with respect to Company and its Consolidated Subsidiaries, Total Debt, excluding Subordinated Debt.

          “Significant Domestic Subsidiary(ies)” shall mean, at any time the Domestic Permitted Borrowers and all Domestic Subsidiaries, whether existing as of the Restatement Date or created or acquired by Company thereafter, except any Subsidiary:

	
  
 
  	
  
(a)
  	
  
the total   assets of which, on an individual basis, on any date of determination, are   less than $20,000,000; and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
which has,   as of the most recent fiscal quarter then ending, for the four preceding   fiscal quarters, an EBITDA of less than $5,000,000.
  

          “Significant Foreign Subsidiary(ies)” shall mean, at any time, the Foreign Permitted Borrowers and all Foreign Subsidiaries, whether existing as of the Restatement Date or created or acquired by Company thereafter, except any Subsidiary:

	
  
 
  	
  
(a)
  	
  
the total   assets of which, on an individual basis, on any date of determination, are,   excluding goodwill, less than $100,000,000;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
which has,   as of the most recent fiscal quarter then ending, for the four preceding   fiscal quarters, an EBITDA of less than $15,000,000; and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
the Equity   Interests of which are not held directly by Company or any Domestic   Subsidiary.
  

provided however that, notwithstanding the foregoing, none of the Israeli Subsidiaries shall be considered a Significant Foreign Subsidiary hereunder.

          “Significant Subsidiary(ies)” shall mean the Significant Domestic Subsidiaries and the Significant Foreign Subsidiaries.

22

          “Siliconix” shall mean Siliconix Incorporated, a Delaware corporation.

          “Siliconix Technology” shall mean Siliconix Technology C.V., a company formed under the laws of The Netherlands.

          “SPFV” shall mean a special purpose funding vehicle utilized by a Granting Lender pursuant to Section 13.8 hereof to fund all or any part of any Advance that such Lender would otherwise be obligated to fund under this Agreement.

          “Special Letters of Credit” shall mean letters of credit issued by Agent from time to time as an administrative convenience for the account of Company or its Subsidiaries on its own behalf and not on behalf (by risk participation or otherwise) of the other Lenders, in an aggregate undrawn amount at any time outstanding plus the aggregate amount of unpaid Reimbursement Obligations not to exceed the Letter of Credit Reserve in effect at such time, each such letter of credit being in an undrawn amount of less than $750,000. 

          “Special Purpose Subsidiary” shall mean any wholly-owned direct or indirect Subsidiary of Company established for the sole purpose of conducting a Permitted Securitization and otherwise established and operated in accordance with customary industry practices.

          “S&P” means Standard & Poor’s Rating Services, a division of The McGraw-Hill Companies, Inc., its successors and assigns, and, if such organization shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, “S&P” shall be deemed to refer to any other nationally recognized securities rating agency designated by Agent.

          “Stockholder’s Equity” shall mean (i) legal capital (carried at the par or stated value thereof) consisting of common or preferred stock, (ii) paid-in capital to the extent of the excess over par or stated value paid for Equity Interests and that created by a corporate readjustment and (iii) retained earnings consisting of cumulative Net Income reduced by dividends declared or paid.

          “Subordinated Debt” shall mean all Debt of Company and its Subsidiaries which has been subordinated in right of payment and priority to the Indebtedness, in each case on terms and conditions reasonably satisfactory to Agent and the Required Lenders, including, without limitation, the Subordinated Debt existing on the Restatement Date and identified (as such) on Schedule 8.13 hereto.

          “Subsidiary(ies)” shall mean any corporation, association, joint stock company, limited liability company, partnership or business trust of which more than fifty percent (50%) of the outstanding voting Equity Interests are owned either directly or indirectly by Company or one or more of its Subsidiaries or by Company and one or more of its Subsidiaries, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by Company and/or its Subsidiaries. 

          “Sweep Agreement” means any agreement relating to the “Sweep to Loan” automated system of Agent or any other cash management arrangement which Company and/or any Permitted Borrower and Agent have executed for the purposes of effecting the borrowing and repayment of Swing Line Advances.

23

          “Swing Line” shall mean the revolving credit loan to be advanced to any of the Borrowers by Swing Line Lender pursuant to Section 2.5 hereof, in an aggregate amount (subject to the terms hereof) not to exceed, at any one time outstanding, the Swing Line Maximum Amount.

          “Swing Line Advance” shall mean an Advance made by Swing Line Lender to any of the Borrowers pursuant to Section 2.5 hereof.

          “Swing Line Lender” shall mean Comerica Bank, and its successors and assigns.

          “Swing Line Maximum Amount” shall mean Forty Million Dollars ($40,000,000).

          “Swing Line Notes” shall mean the swing line notes which may be issued by Company or a Permitted Borrower at the request of Swing Line Lender pursuant to Section 2.5(a) hereof in the form annexed hereto as Exhibit C-1 or C-2, as the case may be, as such Notes may be amended or supplemented from time to time, and any notes issued in substitution, replacement or renewal thereof from time to time.

          “Tangible Net Worth” shall mean, as of any date of determination, the total common shareholders’ equity of Company and its Subsidiaries on a Consolidated basis, together with the amount, if any, of preferred stock which is classified as part of shareholders’ equity, as reflected on the most recent regularly prepared quarterly balance sheet of Company and such Subsidiaries, which balance sheet shall be prepared in accordance with GAAP, minus the book amount of intangible assets including, without limitation, such items as goodwill, trademarks, trade names, copyrights, patents, licenses and rights in any intangible assets, and unamortized debt discount and expense, as of such date determined in accordance with GAAP, but excluding the effects of the currency translation adjustment and of the pension adjustment under the additional minimum liability section of FASB 87.

          “Total Debt” shall mean, with respect to Company and its Consolidated Subsidiaries, as of any date of determination, the sum, without duplication, of (a) the aggregate outstanding principal amounts of (i) Advances of the Revolving Credit and Swing Line outstanding as of such date and any Letter of Credit Obligations outstanding as of such date, (ii) all other Debt of Company and its Subsidiaries as of such date for borrowed money or which is evidenced by debentures, notes or other similar instruments, (iii) all other obligations of Company and its Subsidiaries as of such date to reimburse the issuers of letters of credit issued for their account for each payment made by such issuers under such letters of credit (iv) all capitalized lease obligations of Company and its Subsidiaries as of such date (v) all obligations of Company and its Subsidiaries under conditional sale or other title retention
agreements relating to property or assets purchased and (vi) any Debt or off balance sheet obligations issued pursuant to a Securitization Transaction (whether by a Special Purpose Subsidiary or otherwise), all determined on a Consolidated basis.

          “Trans-European Business Day” shall mean a day when the Trans-European Settlement System is open for business.

          “Trans-European Settlement System” shall mean the Trans-European Automated Real-time Gross Settlement Express Transfer System or any successor.

24

          “Treaty on European Union” shall mean the Treaty of Maastricht (which was signed at Maastricht on February 7, 1992 and came into force on November 1, 1993), as amended by the Treaty of Amsterdam (which was signed on October 2, 1997 and came into force on May 1, 1999) and the Treaty of Nice (which was signed on February 26, 2001 and came into force on February 1, 2003).

          “Vishay Asia” shall mean Vishay Intertechnology Asia Ltd. Pte., a company organized under the laws of Singapore.

          “Vishay Europe” shall mean Vishay Europe GmbH, a company organized under the laws of the Federal Republic of Germany, formerly known as Vishay Beteiligungs GmbH.

          “Vishay Electronic” shall mean Vishay Electronic GmbH, a company organized under the laws of the Federal Republic of Germany.

          “Vishay India” shall mean Vishay Components India Pvt Ltd., a company organized under the laws of India.

          “Vishay Israel” shall mean Vishay Israel Limited, a corporation organized under the laws of Israel and a Subsidiary of Company.

          “Wholly Owned Subsidiary(ies)” shall mean any of Company’s direct or indirect Subsidiaries whose Equity Interests (other than directors’ or qualifying shares to the extent required under applicable law) are owned entirety by any other Wholly Owned Subsidiary and/or Company, and for the avoidance of doubt, shall include the Israeli Subsidiaries.

	
  
 
  	
  
1.2
  	
  
Euro.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(a)
  	
  
Redenomination   of Eurocurrency-based Advances and other Advances into Euro Units.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
Each   obligation under this Agreement of a party hereto which (A) was originally   denominated in the former national currency of a Participating Member State,   or (B) would otherwise have been denominated in such former national currency   prior to such date shall be denominated in, or redenominated into, as   applicable, the Euro Unit in accordance with EMU Legislation and applicable   state law, provided that, if and to the extent that any EMU Legislation   provides that amounts denominated in the euro unit or the National Currency   Unit of a Participating Member State, that are payable by crediting an   account of the creditor within that country, may be made in either Euro or   National Currency Units, each party to this Agreement shall be entitled to   pay or repay any such amounts in either the Euro Unit or such National   Currency Unit.
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
Subject to   any EMU Legislation, references in this Agreement to a minimum amount (or an   integral multiple thereof) in a National Currency Unit to be paid to or by a   party hereto shall be deemed to be a reference to such reasonably comparable   and convenient amount (or an integral multiple thereof) in the Euro Unit as   Agent may from time to time specify.
  

25

	
  
 
  	
  
(b)
  	
  
Payments.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
(i)
  	
  
All payments   by any Borrower or any Lender of amounts denominated in the Euro or a   National Currency Unit of a Participating Member State, shall be made in   immediately available, freely transferable, cleared funds to the account of   Agent in the principal financial center in such Participating Member State,   as from time to time designated by Agent for such purpose.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
All amounts   payable by Agent to any party under this Agreement in the National Currency   Unit of a Participating Member State shall instead be paid in the Euro Unit.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iii)
  	
  
Subject in   the case of any Lender to Section 12.3 hereof, Agent shall not be liable to   any party to this Agreement in any way whatsoever for any delay, or the   consequences of any delay, in the crediting to any account of any amount   denominated in the Euro or a National Currency Unit of a Participating Member   State.
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iv)
  	
  
All   references herein to the London interbank or other national market with   respect to any National Currency Unit of a Participating Member State shall   be deemed a reference to the applicable markets and locations referred to in   the definition of “Business Day” in Section 1.1.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Increased   Costs.  The   Borrowers shall, from time to time upon demand of any Lender (with a copy to   Agent), pay to such Lender the amount of any cost or increased cost incurred   by, or of any reduction in any amount payable to or in the effective return   on its capital to, or of interest or other return foregone by, such Lender or   any holding company of such Lender as a result of the introduction of,   changeover to or operation of the Euro in a Participating Member State, other   than any such cost or reduction or amount foregone reflected in any interest   rate hereunder.
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Inconsistent   Practice. If the basis of accrual of interest or   fees expressed in this Agreement with respect to the currency of any state   that becomes a Euro Member shall be inconsistent with any convention or   practice in the London interbank market for the basis of accrual of interest   or fees in respect of Euros, such convention or practice shall replace such   expressed basis effective as of and from the date on which such state becomes   a Euro Member; provided, that if any Advance in the currency of such state is   outstanding immediately prior to such date, such replacement shall take   effect, with respect to such Advance, at the end of the then current Interest   Period.
  

26

	
  
 
  	
  
(e)
  	
  
Unavailability   of Euro.  If   Agent at any time determines that: (i) the Euro has ceased to be utilized as   the basic accounting unit of the European Community; (ii) for reasons   affecting the market in Euros generally, Euros are not freely traded between   banks internationally; or (iii) it is illegal, impossible or impracticable   for payments to be made hereunder in Euro, then Agent may, in its discretion   declare (such declaration to be binding on all the parties hereto) that any   payment made or to be made thereafter which, but for this provision, would   have been payable in the Euro shall be made in a component currency of the   Euro or Dollars (as selected by Agent (the “Selected Currency”) and   the amount to be so paid shall be calculated on the basis of the equivalent   of the Euro in the Selected Currency).
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Additional   Changes at Agent’s Discretion.  This section and other provisions of this   Agreement relating to Euros and the National Currency Units of Participating   Member States shall be subject to such further changes (including changes in   interpretation or construction) as Agent may from time to time in its   reasonable discretion notify to the Borrowers and Lenders to be necessary or   appropriate to reflect the changeover to the Euro in Participating Member   States.
  

          2.        REVOLVING CREDIT

          2.1      Commitment.  Subject to the terms and conditions of this Agreement (including without limitation Section 2.3 hereof), each Lender severally and for itself alone agrees to make Advances of the Revolving Credit in any one or more of the Permitted Currencies to any of the Borrowers from time to time on any Business Day during the period from the Restatement Date until (but excluding) the Revolving Credit Maturity Date in an aggregate amount, based on the Dollar Amount of any Advances outstanding in Dollars and the Current Dollar Equivalent of any Advances outstanding in Alternative Currencies, not to exceed at any one time outstanding such Lender’s Percentage of the Revolving Credit Aggregate Commitment. Except as provided in Section 2.12 hereof, for purposes of this Agreement, Advances in Alternative Currencies shall be
determined, denominated and redenominated as set forth in Section 2.11 hereof.  Subject to the terms and conditions set forth herein, advances, repayments and readvances may be made under the Revolving Credit.  Advances of the Revolving Credit shall be subject to the following additional conditions and limitations:

	
  
 
  	
  
(a)
  	
  
No Permitted   Borrower shall be entitled to request an Advance of the Revolving Credit or   the Swing Line or the issuance of a Letter of Credit hereunder until (i) it   has become a party to this Agreement, either by execution and delivery of   this Agreement, or by execution and delivery of a Permitted Borrower Addendum   to this Agreement, (ii) it has become a party to the applicable Guaranty   either by execution and delivery of such Guaranty or by execution and   delivery of a Joinder Agreement to such Guaranty, and (iii) in the case of   each Permitted Borrower, Company has encumbered and/or delivered (or caused   to be encumbered and/or delivered), as the case may be, pursuant to a Pledge   Agreement those Equity Interests issued by such Permitted Borrower and owned   (directly or indirectly) by Company by authority documents, legal opinions   and other supporting documents as reasonably required by Agent and the   Required Lenders hereunder;

27

	
  
 
  	
  
(b)
  	
  
No   Subsidiary which is a Permitted Borrower as of the Restatement Date nor any   Foreign Subsidiary which becomes a Permitted Borrower after the Restatement   Date shall be entitled to request or maintain (or, in the case of any   Eurocurrency-based Advance, maintain beyond any applicable Interest Period   then in effect) an Advance of the Revolving Credit or the Swing Line or the   issuance of a Letter of Credit hereunder if it ceases to be a Wholly Owned   Subsidiary of Company.
  

          2.2      Accrual of Interest and Maturity; Evidence of Indebtedness.  (a)  Company hereby unconditionally promises to pay to Agent for the account of each Lender the then unpaid principal amount of each Revolving Credit Advance of such Lender made to Company and each Permitted Borrower, and each Permitted Borrower hereby unconditionally promises to pay to Agent for the account of each Lender the then unpaid principal amount of each Revolving Credit Advance of such Lender made to such Permitted Borrower, on the Revolving Credit Maturity Date and on such other dates and in such other amounts as may be required from time to time pursuant to this Agreement.

	
  
 
  	
  
(b)
  	
  
Each Lender   shall maintain in accordance with its usual practice an account or accounts   evidencing indebtedness of Company and each Permitted Borrower to the   appropriate lending office of such Lender resulting from each Revolving   Credit Advance made by such lending office of such Lender from time to time,   including the amounts of principal and interest payable thereon and paid to   such Lender from time to time under this Agreement.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Agent shall   maintain the Register pursuant to Section 13.8(f), and a subaccount therein   for each Lender, in which Register and subaccounts (taken together) shall be   recorded (i) the amount and applicable Permitted Currency of each Revolving   Credit Advance made hereunder, the type thereof and each Interest Period   applicable to any Eurocurrency-based Advance, (ii) the amount of any   principal or interest due and payable or to become due and payable from   Company or the applicable Permitted Borrower, as the case may be, to each   Lender hereunder in respect of the Revolving Credit Advances and (iii) both   the amount of any sum received by Agent hereunder from Company or the   applicable Permitted Borrower in respect of the Revolving Credit Advances and   each Lender’s share thereof.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
The entries   made in the Register and the accounts of each Lender maintained pursuant to   paragraphs (b) and (c) of this Section 2.1 shall absent manifest error, to   the extent permitted by applicable law, be conclusive evidence of the   existence and amounts of the obligations of Company and the Permitted   Borrowers therein recorded; provided, however, that the failure   of any Lender or Agent to maintain the Register or any such account, as   applicable, or any error therein, shall not in any manner affect the   obligation of each of Company and each Permitted Borrower to repay the   Revolving Credit Advances (and all other amounts owing with respect thereto)   made to Company or such Permitted Borrower by such Lender in accordance with   the terms of this Agreement.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Company   agrees that, upon written request to the Agent (with a copy to Company) by   any Lender, Company and each of the Permitted Borrowers will execute and   deliver, to such Lender, at Company’s (or such Permitted Borrower’s) own   expense, a Revolving Credit Note of each of Company and each of the Permitted   Borrowers evidencing the outstanding Revolving Credit Advances owing to such   Lender; provided, that the delivery of such Revolving Credit Notes shall not   be a condition precedent to the Restatement Date.
  

28

          2.3      Requests for and Refundings and Conversions of Advances.  Company or a Permitted Borrower (with the countersignature of Company hereunder) may request an Advance of the Revolving Credit, refund any such Advance in the same type of Advance or convert any such Advance to any other type of Advance of the Revolving Credit only after delivery to Agent of a Request for Revolving Credit Advance executed by an Authorized Officer of Company or of such Permitted Borrower (with the countersignature of an Authorized Officer of Company), subject to the following and to the remaining provisions hereof:

	
  
 
  	
  
(a)
  	
  
each such   Request for Revolving Credit Advance shall set forth the information required   on the Request for Advance form annexed hereto as Exhibit A-1, including   without limitation:
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
the proposed   date of such Advance, which must be a Business Day;
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
whether such   Advance is a refunding or conversion of an outstanding Advance;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iii)
  	
  
whether such   Advance is to be a Prime-based Advance or a Eurocurrency-based Advance, and,   except in the case of a Prime-based Advance, the first Interest Period   applicable thereto; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iv)
  	
  
in the case   of a Eurocurrency-based Advance, the Permitted Currency in which such Advance   is to be made.
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
each such   Request for Revolving Credit Advance shall be delivered to Agent by 12:00   noon (Detroit time) three (3) Business Days prior to the proposed date of   Advance, except in the case of a Prime-based Advance to the Company or a   Domestic Permitted Borrower, for which the Request for Advance must be   delivered by 12:00 noon (Detroit time) on such proposed date;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
on the   proposed date of such Advance, the Dollar Amount of the principal amount of   such requested Advance, plus the Dollar Amount of the principal amount of any   other Advances of the Revolving Credit and of the Swing Line being requested   on such date, plus the principal amount of all other Advances of the   Revolving Credit and of the Swing Line (except to the extent being refunded   by such requested Advance of the Revolving Credit) then outstanding   hereunder, in each case whether to Company or any of the Permitted Borrowers   (using the Current Dollar Equivalent of any such Advances outstanding in any   Alternative Currency, determined pursuant to the terms hereof as of the date   of such requested Advance), plus the aggregate outstanding amount of all   Letter of Credit Obligations (based on the Dollar Amount of such Letter of   Credit Obligations for any Letters of Credit denominated in Dollars and the   Current Dollar Equivalent of any Letters of
Credit denominated in any Alternative   Currency) shall not exceed 
  

29

	
  
 
  	
  
 
  	
  
the   Revolving Credit Aggregate Commitment; provided however, that, in the case of   any Advance of the Revolving Credit being applied to refund an outstanding   Swing Line Advance, the aggregate principal amount of Swing Line Advances to   be refunded shall not be included for purposes of calculating the limitation   under this Section 2.3(c);
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
in the case   of a Permitted Borrower, on the proposed date of such Advance, the principal   amount of the Advance of the Revolving Credit being requested by such   Permitted Borrower (determined and tested as aforesaid), plus the principal   amount of any other Advances of the Revolving Credit and of the Swing Line   being requested by such Permitted Borrower on such date, plus the principal   amount of any other Advances of the Revolving Credit and all Advances of the   Swing Line then outstanding to such Permitted Borrower hereunder (determined   as aforesaid), plus the Letter of Credit Obligations relating to Letters of   Credit issued for the account of such Permitted Borrower, shall not exceed   the applicable Permitted Borrower Sublimit;
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
in the case   of a Prime-based Advance, the principal amount of the initial funding of such   Advance, as opposed to any refunding or conversion thereof, shall be in a   minimum amount of $5,000,000;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
in the case   of a Eurocurrency-based Advance, the principal amount of such Advance, plus   the amount of any other outstanding Advance of the Revolving Credit to be   then combined therewith having the same Applicable Interest Rate and Interest   Period, if any, shall be in a minimum amount of Ten Million Dollars   ($10,000,000) or the equivalent thereof in an Alternative Currency (or a   whole multiple of One Hundred Thousand Dollars ($100,000), or the equivalent   thereof in the applicable Alternative Currency) and at any one time there   shall not be in effect more than (x) for Advances to Company, ten (10)   Applicable Interest Rates and Interest Periods, and (y) for Advances to each   Permitted Borrower five (5) Applicable Interest Rates and Interest Periods   for each such currency;
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
a Request   for Revolving Credit Advance, once delivered to Agent, shall not be revocable   by Company or the Permitted Borrowers;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(h)
  	
  
each Request   for Revolving Credit Advance shall constitute a certification by Company and   the applicable Permitted Borrower, if any, as of the date thereof that:
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
both before   and after such Advance, the obligations of Company and the Permitted   Borrowers set forth in this Agreement and the other Loan Documents to which   such Persons are parties are valid, binding and enforceable obligations of   Company and the Permitted Borrowers, as the case may be;
  

30

	
  
 
  	
  
 
  	
  
(ii)
  	
  
all   conditions to Advances of the Revolving Credit have been satisfied, and shall   remain satisfied to the date of such Advance (both before and after giving   effect to such Advance);
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iii)
  	
  
there is no   Default or Event of Default in existence, and none will exist upon the making   of such Advance (both before and after giving effect to such Advance);
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
(iv)
  	
  
the   representations and warranties contained in this Agreement and the other Loan   Documents are true and correct in all material respects and shall be true and   correct in all material respects as of the making of such Advance (both   before and after giving effect to such Advance); and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(v)
  	
  
the   execution of such Request for Advance will not violate the material terms and   conditions of any material contract, agreement or other borrowing of Company   or the Permitted Borrowers.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
Agent,   acting on behalf of Lenders, may, at its option, lend under this Section 2   upon the telephone request of an Authorized Officer of Company or a Permitted   Borrower and, in the event Agent, acting on behalf of Lenders, makes any such   Advance upon a telephone request, the requesting officer shall fax to Agent,   on the same day as such telephone request, a Request for Advance. Company and   Permitted Borrowers hereby authorize Agent to disburse Advances under this   Section 2.3 pursuant to the telephone instructions of any person purporting   to be a person identified by name on a written list of persons authorized by   Company and delivered to Agent prior to the date of such request to make   Requests for Advance on behalf of Company and the Permitted Borrowers.  Notwithstanding the foregoing, Company and   each Permitted Borrower acknowledge that Company and each such Permitted   Borrower shall bear all risk of loss resulting from disbursements
made upon any   telephone request. Each telephone request for an Advance shall constitute a   certification of the matters set forth in the Request for Revolving Credit   Advance form as of the date of such requested Advance.
  

	
  
 
  	
  
2.4
  	
  
Disbursement   of Advances.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(a)
  	
  
Upon   receiving any Request for Revolving Credit Advance from Company or a   Permitted Borrower under Section 2.3 hereof, Agent shall promptly notify each   Lender by wire, telex or telephone (confirmed by wire, telecopy or telex) of   the amount and currency of such Advance to be made and the date such Advance   is to be made by said Lender pursuant to its Percentage of such Advance.   Unless such Lender’s commitment to make Advances of the Revolving Credit   hereunder shall have been suspended or terminated in accordance with this   Agreement, each such Lender shall make available the amount of its Percentage   of each Advance in immediately available funds in the currency of such   Advance to Agent, as follows:
  

31

	
  
 
  	
  
 
  	
  
(i)
  	
  
for Domestic   Advances, at the office of Agent located at One Detroit Center, Detroit,   Michigan 48226, not later than 3:00 p.m. (Detroit time) on the date of such   Advance; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
for   Eurocurrency-based Advances, at Agent’s Correspondent for the account of the   Eurocurrency Lending Office of Agent, not later than 12 noon (the time of   Agent’s Correspondent) on the date of such Advance.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
Subject to   submission of an executed Request for Revolving Credit Advance by Company or   a Permitted Borrower (with the countersignature of Company as aforesaid)   without exceptions noted in the compliance certification therein, Agent shall   make available to Company or to the applicable Permitted Borrower, as the   case may be, the aggregate of the amounts so received by it from Lenders in   like funds and currencies:
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
for Domestic   Advances, not later than 4:00 p.m. (Detroit time) on the date of such Advance   by credit to an account of Company or such Permitted Borrower maintained with   Agent or to such other account or third party as Company or such Permitted   Borrower may reasonably direct; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
for   Eurocurrency-based Advances, not later than 4:00 p.m. (the time of Agent’s   Correspondent) on the date of such Advance, by credit to an account of   Company or such Permitted Borrower maintained with Agent’s Correspondent or   to such other account or third party as Company or such Permitted Borrower   may reasonably direct.
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Agent shall   deliver the documents and papers received by it for the account of each   Lender to such Lender or upon its order. Unless Agent shall have been   notified by any Lender prior to the date of any proposed Advance that such   Lender does not intend to make available to Agent such Lender’s Percentage of   such Advance, Agent may assume that such Lender has made such amount   available to Agent on such date and in such currency, as aforesaid and may,   in reliance upon such assumption, make available to Company or to the   applicable Permitted Borrower, as the case may be, a corresponding amount. If   such amount is not in fact made available to Agent by such Lender, as   aforesaid, Agent shall be entitled to recover such amount on demand from such   Lender. If such Lender does not pay such amount forthwith upon Agent’s demand   therefor, Agent shall promptly notify Company, and Company or the applicable   Permitted Borrower shall pay such
amount to Agent. Agent shall also be   entitled to recover from such Lender or Company or the applicable Permitted   Borrower, as the case may be, but without duplication, interest on such   amount in respect of each day from the date such amount was made available by   Agent to Company or such Permitted Borrower, as the case may be, to the date   such amount is recovered by Agent, at a rate per annum equal to:
  

32

	
   
  	
  
 
  	
  
(i)
  	
  
in the case   of such Lender, for the first two (2) Business Days such amount remains   unpaid, with respect to Domestic Advances, the Federal Funds Effective Rate,   and with respect to Eurocurrency-based Advances, Agent’s aggregate marginal   cost (including the cost of maintaining any required reserves or deposit   insurance and of any fees, penalties, overdraft charges or other costs or   expenses incurred by Agent as a result of such failure to deliver funds   hereunder) of carrying such amount and thereafter, at the rate of interest   then applicable to such Revolving Credit Advances; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
in the case   of Company or such Permitted Borrower, the rate of interest then applicable   to such Advance of the Revolving Credit.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
The   obligation of any Lender to make any Advance of the Revolving Credit   hereunder shall not be affected by the failure of any other Lender to make   any Advance hereunder, and no Lender shall have any liability to Company or   any of its Subsidiaries, Agent, any other Lender, or any other party for   another Lender’s failure to make any loan or Advance hereunder.
  

          2.5      (a)        Swing Line Advances.  Swing Line Lender may, on the terms and subject to the conditions hereinafter set forth (including without limitation Section 2.5(c) hereof), make one or more advances in Dollars or in any Alternative Currency (each such advance being a “Swing Line Advance”) to any Borrower, from time to time on any Business Day during the period from the date hereof to (but excluding) the Revolving Credit Maturity Date in an aggregate amount, based on the Dollar Amount of any such Advances outstanding in Dollars and the Current Dollar Equivalent of any such Advances outstanding in Alternative Currencies, not to exceed at any time outstanding the Swing Line Maximum Amount.  Swing Line Lender shall maintain in accordance with its usual practice an
account or accounts evidencing indebtedness of each Borrower to Swing Line Lender resulting from each Swing Line Advance of such Lender from time to time, including the amounts of principal and interest payable thereon and paid to such Lender from time to time.  The entries made in such account or accounts of Swing Line Lender shall, to the extent permitted by applicable law, be conclusive evidence, absent manifest error, of the existence and amounts of the obligations of such Borrower therein recorded; provided, however, that the failure of Swing Line Lender to maintain such account, as applicable, or any error therein, shall not in any manner affect the obligation of such Borrower to repay the Swing Line Advances (and all other amounts owing with respect thereto) made to such Borrower by Swing Line Lender in accordance with the terms of this Agreement. Advances, repayments and readvances under the Swing Line may be made, subject to the terms and conditions of this Agreement. Each
Swing Line Advance shall mature and the principal amount thereof shall be due and payable by the applicable Borrower on the last day of the Interest Period applicable thereto (if any) and in the case of any Prime-based Advance, on the Revolving Credit Maturity Date.

          Each Borrower agrees that, upon the written request of Swing Line Lender (with a copy concurrently delivered to Agent) it will execute and deliver to Swing Line Lender Swing Line Notes executed by it provided, that the delivery of such Swing Line Notes shall not be a condition precedent to the Restatement Date.

33

	
  
 
  	
  
(b)
  	
  
Accrual of   Interest.    Each Swing Line Advance shall, from time to time after the date of   such Advance, bear interest at its Applicable Interest Rate. The amount and   date of each Swing Line Advance, its Applicable Interest Rate, its Interest   Period, if any, and the amount and date of any repayment shall be noted on   Swing Line Lender’s account maintained pursuant to Section 2.5(a), which   records will be conclusive evidence thereof, absent manifest error; provided,   however, that any failure by Swing Line Lender to record any such information   shall not relieve such Borrower of its obligation to repay the outstanding   principal amount of such Advance, all interest accrued thereon and any amount   payable with respect thereto in accordance with the terms of this Agreement   and the other Loan Documents.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Requests for   Swing Line Advances.  Company or a Permitted Borrower (with the countersignature of   Company) may request a Swing Line Advance only after delivery to Swing Line   Lender (with a copy concurrently delivered to Agent) of a Request for Swing   Line Advance executed by an Authorized Officer of Company and, if applicable   such Permitted Borrower, subject to the following and to the remaining   provisions hereof:
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
each such   Request for Swing Line Advance shall set forth the information required on   the Request for Advance form annexed hereto as Exhibit A–2, including without   limitation:
  

	
  
 
  	
  
 
  	
  
(A)
  	
  
the proposed   date of such Swing Line Advance, which must be a Business Day;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
(B)
  	
  
whether such   Swing Line Advance is to be a Prime-based Advance, a Eurocurrency-based   Advance or a Quoted Rate Advance;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(C)
  	
  
except with   respect to any Prime-based Advance, the duration of the Interest Period   applicable thereto; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(D)
  	
  
in the case   of a Eurocurrency-based Advance, the Permitted Currency in which such Advance   is to be made.
  

	
  
 
  	
  
 
  	
  
(ii)
  	
  
the Dollar   Amount of the principal amount of such requested Swing Line Advance, plus the   aggregate principal amount of all other Swing Line Advances then outstanding   hereunder (including any other Swing Line Advances requested to be made on   such date but excluding any such Advances being refunded by such requested   Swing Line Advance) to any Borrower (using the Current Dollar Equivalent of   any such Advances outstanding in any Alternative Currency, determined pursuant   to the terms hereof as of the date of such requested Advance) shall not   exceed the Swing Line Maximum Amount;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iii)
  	
  
as of the   proposed date of such Swing Line Advance, the Dollar Amount of the principal   amount of such requested Swing Line Advance, plus the aggregate principal   amount of all other Swing Line Advances and all 
  

34

	
  
 
  	
  
 
  	
  
 
  	
  
Advances of   the Revolving Credit then outstanding hereunder (including any Revolving   Credit Advances or other Swing Line Advances requested to be made on such   date, but excluding any such Advances being refunded by such requested Swing   Line Advance) to any Borrower (using the Current Dollar Equivalent of any   such Advances outstanding in any Alternative Currency, determined pursuant to   the terms hereof as of the date of such requested Advance), and the aggregate   outstanding Letter of Credit Obligations (based on the Dollar Amount of any   Letters of Credit denominated in Dollars and the Current Dollar Equivalent of   the Letters of Credit denominated in any Alternative Currency) shall not   exceed the Revolving Credit Aggregate Commitment;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iv)
  	
  
in the case   of any Permitted Borrower, as of the proposed date of such Swing Line   Advance, the principal amount of the requested Swing Line Advance to such   Permitted Borrower (determined as aforesaid), plus the aggregate principal   amount of any other Swing Line Advances and all other Advances then   outstanding to such Permitted Borrower hereunder (including, without   duplication, Revolving Credit Advances or Swing Line Advances requested to be   made on such date) determined as aforesaid, plus the aggregate amount of all   outstanding Letter of Credit Obligations relating to Letters of Credit issued   for the account of such Permitted Borrower (using the Current Dollar   Equivalent thereof for any Letters of Credit denominated in any Alternative   Currency) shall not exceed the applicable Permitted Borrower Sublimit;
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(v)
  	
  
in the case   of a Prime-based Advance, the principal amount of the initial funding of such   Advance, as opposed to any refunding or conversion thereof, shall be at least   One Hundred Thousand Dollars ($100,000) or, in the case of such Advances   requested by any Permitted Borrowers formed under the laws of The   Netherlands, the Dollar Amount as of such date of Euro 50,000, if such Dollar   Amount is greater than $100,000;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(vi)
  	
  
in the case   of a Eurocurrency-based Advance or a Quoted Rate Advance, the principal   amount of such Advance, the principal amount of such Swing Line Advance plus   the amount of any other outstanding Advance of the Swing Line to be then   combined therewith having the same Applicable Interest Rate and Interest   Period, if any, shall be, at least Two Hundred Fifty Thousand Dollars   ($250,000), or the equivalent thereof in an Alternative Currency (or a whole   multiple of One Hundred Thousand Dollars ($100,000), or the equivalent   thereof in the applicable Alternative Currency), and at any one time there   shall not be in effect more than (x) for Advances in Dollars, Five (5)   Applicable Interest Rates and Interest Periods, and (y) for Advances in any   Alternative Currency (other than eurodollars), two (2) Applicable Interest   Rates and Interest Periods for each such currency;
  

35

	
  
 
  	
  
 
  	
  
(vii)
  	
  
each such   Request for Swing Line Advance shall be delivered to Swing Line Lender (with   a copy concurrently delivered to Agent) (x) for each Advance in Dollars, by   2:00 p.m. (eastern time) (or such other time as Swing Line Lender shall   specify to the applicable Borrower) on the proposed date of the Advance and   (y) for each Advance in any Alternative Currency, by 10:00 a.m. (eastern   time) two (2) Business Days prior to the proposed date of Advance;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(viii)
  	
  
each Request   for Swing Line Advance, once delivered to Swing Line Lender, shall be irrevocable   by Company and any applicable Permitted Borrower, and shall constitute and   include a certification by Company and any applicable Permitted Borrower as   of the date thereof that:
  

	
  
 
  	
  
 
  	
  
(A)
  	
  
both before   and after such Swing Line Advance, the obligations of the Borrowers set forth   in this Agreement and the Loan Documents, are valid, binding and enforceable   obligations of the Borrowers and any of their Subsidiaries party thereto;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(B)
  	
  
all   conditions to the making of Swing Line Advances have been satisfied (both   before and after giving effect to such Advance);
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
(C)
  	
  
both before   and after the making of such Swing Line Advance, there is no Default or Event   of Default in existence; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(D)
  	
  
both before   and after such Swing Line Advance, the representations and warranties   contained in this Agreement and the other Loan Documents are true and correct   in all material respects.
  

	
  
 
  	
  
 
  	
  
(ix)
  	
  
At the   option of Agent, subject to revocation by Agent at any time and from time to   time and so long as Agent is Swing Line Lender, Borrower may utilize Agent’s   “Sweep to Loan” automated system for obtaining Swing Line Advances and making   periodic repayments. At any time during which the “Sweep to Loan” system is   in effect, Swing Line Advances shall be advanced to fund borrowing needs   pursuant to the terms of the Sweep Agreement. Each time a Swing Line Advance   is made using the “Sweep to Loan” system, Company and the applicable   Permitted Borrowers shall be deemed to have certified to Agent and Lenders   each of the matters set forth in clause (viii) of this Section 2.5(c).  Principal and interest on Swing Line   Advances requested, or deemed requested, pursuant to this Section shall be   paid pursuant to the terms and conditions of the Sweep Agreement without any   deduction, setoff or counterclaim
whatsoever.  Unless sooner paid pursuant to the provisions hereof or the   provisions of the Sweep Agreement, the principal amount of the Swing Loans   shall be paid in full, together with accrued interest thereon, on the   Revolving Credit Maturity Date.  Agent   may suspend or revoke any Borrower’s privilege to use the “Sweep to Loan”   system at any time and from time to time for any reason and, immediately upon   any such 
  

36

	
  
 
  	
  
 
  	
  
 
  	
  
revocation,   the “Sweep to Loan” system shall no longer be available to Borrower for the   funding of Swing Line Advances hereunder (or otherwise), and the regular   procedures set forth in this Section 2.5 for the making of Swing Line   Advances shall be deemed immediately to apply. Agent may, at its option, also   elect to make Swing Line Advances upon Borrower’s telephone requests on the   basis set forth in the last paragraph of Section 2.3, provided that Company   and the applicable Permitted Borrowers each complies with the provisions set   forth in this Section 2.5.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Disbursement   of Swing Line Advances.  Unless otherwise notified in writing by Agent promptly   following each receipt of a Request for Swing Line Advance hereunder, Swing   Line Lender may assume that all conditions precedent to the disbursement of   such requested Swing Line Advance have been satisfied, including without   limitation that no Default or Event of Default has occurred and is continuing   and that the entirety of the Swing Line Maximum Amount less any outstanding   Swing Line Advances is available hereunder (provided that Agent shall have no   responsibility whatsoever to Swing Line Lender or to any other Lender to give   any notice hereunder, except as set forth in Section 12.12 of this Agreement),   and subject to the proper submission of an executed Request for Swing Line   Advance by Company or a Permitted Borrower without exceptions noted in the   compliance certification therein and to the other terms and conditions   hereof,
Swing Line Lender shall make available to Company or the applicable   Permitted Borrower the amount so requested, in like funds and currencies, not   later than:
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
for   Prime-based Advances or Quoted Rate Advances, not later than 5:00 p.m.   (eastern time) on the date of such Advance by credit to an account of Company   or the applicable Permitted Borrower maintained with Swing Line Lender or   with Agent or to such other account or third party as Company or the   Permitted Borrower may reasonably direct in writing; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
for   Eurocurrency-based Advances, not later than 4:00 p.m. (the time of the office   of Swing Line Lender funding such Advance) on the date of such Advance, by   credit to an account of Company or the Permitted Borrower maintained with   Swing Line Lender’s or Agent’s Correspondent or to such other account or   third party as Company or the applicable Permitted Borrower may reasonably   direct.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
Swing Line   Lender shall promptly notify Agent of any Swing Line Advance by telephone,   telex or telecopier.
  

	
  
 
  	
  
(e)
  	
  
Refunding of   or Participation Interest in Swing Line Advances.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
Acting   through Agent (which shall, subject to the terms hereof, comply with Swing   Line Lender’s request), Swing Line Lender, at any time in its sole and   absolute discretion, may on behalf of Company or the applicable Permitted   Borrower (each of which hereby irrevocably directs Swing Line 
  

37

	
  
 
  	
  
 
  	
  
 
  	
  
Lender and   Agent to act on its behalf) request each of Lenders (including Swing Line   Lender in its capacity as a Lender) to make an Advance of the Revolving   Credit to each of Company and/or the applicable Permitted Borrowers, for each   Permitted Currency in which Swing Line Advances are outstanding to such   party, in an amount (in the applicable Permitted Currency, determined in   accordance with Section 2.11(b) hereof) equal to such Lender’s Percentage of   the principal amount of the aggregate Swing Line Advances outstanding in each   Permitted Currency to each such party on the date such notice is given (the   “Refunded Swing Line Advances”); provided however that Swing Line Advances   which are carried at the Quoted Rate or the Eurocurrency-based Rate which are   converted to Revolving Credit Advances at the request of Swing Line Lender at   a time when no Default or Event of Default has occurred and is continuing,   shall not be subject
to Section 11.1 and no losses, costs or expenses may be   assessed by Swing Line Lender against any Borrower or other Lenders as a   consequence of such conversion. In the case of each Refunded Swing Line   Advance outstanding in Dollars, the applicable Advance of the Revolving   Credit used to refund such Swing Line Advance shall be a Prime-based Advance.   In the case of each Refunded Swing Line Advance outstanding in any   Alternative Currency, the applicable Advance of the Revolving Credit used to   refund such Swing Line Advance shall be an Advance in the applicable   Alternative Currency, with an Interest Period of one month (or any lesser   number of days selected by Agent in consultation with Lenders). In connection   with the making of any such Refunded Swing Line Advances or the purchase of a   participation interest in Swing Line Advances under Section 2.5(e)(ii)   hereof, Swing Line Lender shall retain its claim against Company or the   applicable Permitted Borrower for any unpaid interest
or fees in respect   thereof. Unless any of the events described in Section 9.1(j) hereof shall   have occurred (in which event the procedures of subparagraph (ii) of this   Section 2.5(e) shall apply) and regardless of whether the conditions   precedent set forth in this Agreement to the making of an Advance of the   Revolving Credit are then satisfied, but subject to Section 2.5(e)(iii), each   Lender shall make the proceeds of its Advance of the Revolving Credit   available to Agent for the benefit of Swing Line Lender at the office of   Agent specified in Section 2.4(a) hereof prior to 11:00 a.m. Detroit time   (for Domestic Advances) on the Business Day next succeeding the date such   notice is given, and, in the case of any Eurocurrency-based Advance, prior to   2:00 p.m. Detroit time on the third Business Day following the date such   notice is given, in each case in immediately available funds in the   applicable Permitted Currency. The proceeds of such Advances of the Revolving   Credit shall
be promptly delivered by Agent to Swing Line Lender for   application to repay the Refunded Swing Line Advances in accordance with the   terms and conditions of this Agreement.
  

38

	
  
 
  	
  
 
  	
  
(ii)
  	
  
If, prior to   the making of an Advance of the Revolving Credit pursuant to subparagraph (i)   of this Section 2.5(e), one of the events described in Section 9.1(j) hereof   shall have occurred, each Lender will, on the date such Advance of the   Revolving Credit was to have been made, purchase from Swing Line Lender an undivided   participating interest in each Refunded Swing Line Advance in an amount equal   to its Percentage of such Refunded Swing Line Advance. Each Lender within the   time periods specified in Section 2.5(e)(i) hereof, as applicable, shall   immediately transfer to Agent for the benefit of Swing Line Lender, in   immediately available funds in the applicable Permitted Currency of such   Swing Line Advance, the amount of its participation and upon receipt thereof   Swing Line Lender will deliver to such Lender a participation certificate   evidencing such participation.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iii)
  	
  
Each   Lender’s obligation to make Advances of the Revolving Credit and to purchase   participation interests in accordance with clauses (i) and (ii) of this   Section 2.5(e) shall be absolute and unconditional and shall not be affected   by any circumstance, including, without limitation, (i) any set-off,   counterclaim, recoupment, defense or other right which such Lender may have   against Swing Line Lender, any Borrower or any other Person for any reason   whatsoever; (ii) the occurrence or continuance of any Default or Event of   Default; (iii) any adverse change in the condition (financial or otherwise)   of Company, any Permitted Borrower or any other Person; (iv) any breach of   this Agreement by Company, any Permitted Borrower or any other Person; (v)   any inability of Company or the Permitted Borrowers to satisfy the conditions   precedent to borrowing set forth in this Agreement on the date upon which   such Advance is to be made or such
participating interest is to be purchased;   (vi) the termination of the Revolving Credit Aggregate Commitment hereunder;   or (vii) any other circumstance, happening or event whatsoever, whether or   not similar to any of the foregoing. If any Lender does not make available to   Agent or Swing Line Lender, as applicable the amount required pursuant to   clause (i) or (ii) above, as the case may be, Agent or Swing Line Lender, as   the case may be, shall be entitled to recover such amount on demand from such   Lender, together with interest thereon for each day from the date of   non-payment until such amount is paid in full (x) for the first two (2)   Business Days such amount remains unpaid, at the Federal Funds Effective Rate   for Domestic Advances and for any other Advances, Agent’s marginal cost   (including the cost of maintaining any required reserves or deposit insurance   and of any fees, penalties, overdraft charges or other costs or expenses   incurred by Agent as a result of such
failure to deliver funds hereunder) of   carrying such amount and (y) thereafter, at the rate of interest then   applicable to such Swing Line Advances. The obligation of any Lender to make   available its pro rata portion of the amounts required pursuant to clause (i)   or (ii) above shall not be affected by the failure of any other Lender to   make such amounts available, and no Lender shall have any liability to   Company or any Permitted Borrower, Agent, Swing Line Lender, or any other   Lender or any other Person for another Lender’s failure to make the amounts   required under clause (i) or (ii) available.
  

39

	
  
 
  	
  
 
  	
  
 
  	
  
Notwithstanding   the foregoing, however, no Lender shall be required to make any Revolving   Credit Advance to refund a Swing Line Advance or to purchase a participation   in a Swing Line Advance (including without limitation any Swing Line Advance   funded under the “Sweep to Loan” system) if at least two (2) Business Days   prior to the making of such Swing Line Advance by Swing Line Lender, the   officers of Swing Line Lender immediately responsible for matters concerning   this Agreement shall have received written notice from Agent or any Lender   that Swing Line Advances should be suspended based on the occurrence and   continuance of a Default or an Event of Default and stating that such notice   is a “notice of default”; provided, however that the obligation of Lenders to   make such Revolving Credit Advances or to purchase such participations shall   be reinstated upon the date which such Default or Event of Default has been   waived
by the requisite Lenders.
  

          2.6      Prime-based Interest Payments.  Interest on the unpaid balance of all Prime-based Advances of the Revolving Credit and all Swing Line Advances carried at the Prime-based Rate from time to time outstanding shall accrue from the date of such Advance to the Revolving Credit Maturity Date (and until paid), at a per annum interest rate equal to the Prime-based Rate, and shall be payable in immediately available funds (a) with respect to Swing Line Advances, quarterly commencing on the first day of the calendar quarter next succeeding the calendar quarter during which the initial Swing Line Advance is made and on the first day of each calendar quarter thereafter, and (b) with respect to Advances of the Revolving Credit, quarterly commencing on the first day of the calendar quarter next succeeding the calendar month during which the
initial Advance of the Revolving Credit is made and on the first day of each calendar quarter thereafter. Interest accruing at the Prime-based Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Prime-based Rate on the date of such change in the Prime-based Rate.

          2.7      Eurocurrency-based Interest Payments and Quoted Rate Interest Payments.

	
  
 
  	
  
(a)
  	
  
Interest on   each Eurocurrency-based Advance of the Revolving Credit and all Swing Line   Advances carried at the Eurocurrency-based Rate shall accrue at its   Applicable Interest Rate and shall be payable in immediately available funds   on the last day of the Interest Period applicable thereto (and, if any   Interest Period shall exceed three months, then on the last Business Day of   the third month of such Interest Period, and at three month intervals   thereafter). Interest accruing at the Eurocurrency-based Rate shall be   computed on the basis of a 360 day year (except that any such Advances made   in Sterling or any other Alternative Currency with respect to which   applicable law or market custom so requires shall be calculated based on a   365 day year, or as otherwise required under applicable law or market custom)   and assessed for the actual number of days elapsed from the first day of the   Interest Period applicable thereto to but not including
the last day thereof.   Interest due on a Eurocurrency-based Advance made in an Alternative Currency   shall be paid in such Alternative Currency.
  

40

	
   
  	
  
(b)
  	
  
Interest on   each Quoted Rate Advance of the Swing Line shall accrue at its Quoted Rate   and shall be payable in immediately available funds on the last day of the   Interest Period applicable thereto. Interest accruing at the Quoted Rate   shall be computed on the basis of a 360 day year (except that any such Advances   made in any Alternative Currency with respect to which applicable law or   market custom so requires shall be calculated based on a 365 day year, or as   otherwise required under applicable law or market custom) and assessed for   the actual number of days elapsed from the first day of the Interest Period   applicable thereto to, but not including the last day thereof.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
If the basis   of accrual of interest or fees expressed in this Agreement with respect to   the National Currency Unit of a Participating Member State shall be   inconsistent with any convention or practice in the London interbank market   or other applicable interbank market, as the case may be, for the basis of   accrual of interest or fees with respect to the Euro, such convention or practice   shall replace such expressed basis, effective as of and from the date on   which such country becomes a Participating Member State; provided that if any   Eurocurrency-based Advance in the currency of such country is outstanding   immediately prior to such date, such replacement shall take effect, with   respect to such Advance, at the end of the then current Interest Period.
  

          2.8      Interest Payments on Conversions. Notwithstanding anything to the contrary in the preceding sections, all accrued and unpaid interest on any Advance converted pursuant to Section 2.3 hereof shall be due and payable in full on the date such Advance is converted.

          2.9      Interest on Default.  In the event and so long as any Event of Default shall exist after giving effect to any applicable grace or cure periods, in the case of any Event of Default under Sections 9.1(a), 9.1(b) or 9.1(j), immediately upon the occurrence thereof (and without the requirement of any notice or demand), in the case of all other Events of Default, upon written notice from the Required Lenders, interest shall be payable daily (a) on all Eurocurrency-based Advances of the Revolving Credit, Swing Line Advances carried at the Eurocurrency-based Rate and Quoted Rate Advances from time to time outstanding at a per annum rate equal to the Applicable Interest Rate plus three percent (3%) for the remainder of the then existing Interest Period, if any, (b) with respect to Prime-based Advances from time to time outstanding, at a
per annum rate equal to the Prime-based Rate plus three percent (3%), and (c) with respect to Eurocurrency-based Advances thereof in any Alternative Currency from time to time outstanding, (i) at a per annum rate calculated by Agent, whose determination shall be conclusive absent manifest error, on a daily basis, equal to three percent (3%) above the interest rate per annum at which one (1) day deposits (or, if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as Agent may elect which shall in no event be longer than six (6) months) in the relevant eurocurrency in the amount of such overdue payment due to Agent are offered by Agent’s Eurocurrency Lending Office for the applicable period determined as provided above, or (ii) if at any such time such deposits are not offered by the Eurocurrency Lending Office, then at a rate per annum equal to three percent (3%) above the rate determined by Agent to be its aggregate marginal cost (including the
cost of maintaining any required reserves or deposit insurance) of carrying the amount of such Eurocurrency-based Advance.

41

          2.10     Prepayment. (a)  Company or the Permitted Borrowers may prepay all or part of the outstanding balance of any Prime-based Advance(s) of the Revolving Credit at any time, provided that the amount of any partial prepayment shall be at least One Million Dollars ($1,000,000) and, after giving effect to any such partial prepayment, the aggregate balance of Prime-based Advance(s) of the Revolving Credit remaining outstanding, if any, shall be at least Five Million Dollars ($5,000,000).  Subject to Section 11.1 hereof, Company or the Permitted Borrowers may prepay all or part of any Eurocurrency-based Advance (subject to not less than two (2) Business Days’ notice to Agent) provided that the amount of any such partial prepayment shall be at least One Million Dollars ($1,000,000), or the Current Dollar Equivalent thereof in an
Alternative Currency, and, after giving effect to any such partial prepayment, the unpaid portion of such Advance which is refunded or converted under Section 2.3 hereof shall be at least Fifteen Million Dollars ($15,000,000) or the Current Dollar Equivalent thereof in an Alternative Currency.

	
  
 
  	
  
(b)
  	
  
Company or   the Permitted Borrowers may prepay all or part of the outstanding balance of   any Swing Line Advance carried at the Prime-based Rate at any time, provided   that, unless the “Sweep to Loan” system shall be in effect hereunder, the   amount of any partial prepayment shall be at least Twenty Five Thousand   Dollars ($25,000) and, after giving effect to any such partial prepayment,   the aggregate balance of such Swing Line Advances remaining outstanding, if   any, shall be at least One Hundred Thousand Dollars ($100,000), or, in the   case of any Swing Line Advances outstanding of any Permitted Borrowers formed   under the laws of The Netherlands, the Dollar Amount of Euro 50,000, if such   Dollar Amount is greater than $100,000.    Subject to Section 11.1 hereof, Company may prepay all or part of any   Swing Line Advances carried at the Eurocurrency-based Rate or Quoted Rate   (subject to not less than two (2) Business Days’ notice
to Swing Line Lender   and Agent) only on the last day of the Interest Period therefor, provided that   the amount of any such partial payment shall be at least Twenty Five Thousand   Dollars ($25,000) and, after giving effect to any such partial prepayment,   the unpaid portion of such Advance which is refunded or converted under   Section 2.5(c) hereof shall be at least Two Hundred Fifty Thousand Dollars   ($250,000).
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Any   prepayment made in accordance with this Section shall be subject to Section   11.1 hereof, but otherwise without premium, penalty or prejudice to the right   to readvance under the terms of this Agreement.
  

          2.11     Determination, Denomination and Redenomination of Alternative Currency Advances.  Whenever, pursuant to any provision of this Agreement:

	
  
 
  	
  
(a)
  	
  
an Advance   of the Revolving Credit or a Swing Line Advance is initially funded, as   opposed to any refunding or conversion thereof, in an Alternative Currency,   the amount to be advanced hereunder will be the equivalent in such   Alternative Currency of the Dollar Amount of such Advance;
  

42

	
  
 
  	
  
(b)
  	
  
an existing   Advance of the Revolving Credit or a Swing Line Advance denominated in an   Alternative Currency is to be refunded, in whole or in part, with an Advance   denominated in the same Alternative Currency, the amount of the new Advance   shall be continued in the amount of the Alternative Currency so refunded;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
an existing   Advance of the Revolving Credit denominated in an Alternative Currency is to   be converted, in whole or in part, to an Advance denominated in another   Alternative Currency, the amount of the new Advance shall be that amount of   the Alternative Currency of the new Advance which may be purchased, using the   most favorable spot exchange rate determined by Agent to be available to it   for the sale of Dollars for such other Alternative Currency at approximately   11:00 a.m. (Detroit time) two (2) Business Days prior to the last day of the   Eurocurrency Interest Period applicable to the existing Advance, with the   Dollar Amount of the existing Advance, or portion thereof being converted;   and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
an existing   Advance of the Revolving Credit denominated in an Alternative Currency is to   be converted, in whole or in part, to an Advance denominated in Dollars, the   amount of the new Advance shall be the Dollar Amount of the existing Advance,   or portion thereof being converted (determined as aforesaid).
  

          2.12     Prime-based Advance in Absence of Election or Upon Default.  If, (a) as to any outstanding Eurocurrency-based Advance of the Revolving Credit, or any Swing Line Advance carried at the Eurocurrency-based Rate, Agent has not received payment of all outstanding principal and accrued interest on the last day of the Interest Period applicable thereto, or does not receive a timely Request for Advance meeting the requirements of Section 2.3 or 2.5(c) hereof with respect to the refunding or conversion of such Advance, or (b) if any Advance denominated in an Alternative Currency or any deemed Advance under Section 3.6 hereof in respect of a Letter of Credit denominated in an Alternative Currency cannot be refunded or made, as the case may be, in such Alternative Currency by virtue of Section 11.3 hereof, or (c) subject to Section 2.9
hereof, if on such day a Default or an Event of Default shall have occurred and be continuing, then the principal amount thereof which is not then prepaid in the case of a Eurocurrency-based Advance shall, absent a contrary election of the Required Lenders, be converted automatically to a Prime-based Advance and Agent shall thereafter promptly notify Company of said action. If a Eurocurrency-based Advance converted hereunder is payable in an Alternative Currency, the Prime-based Advance shall be in an amount equal to the Dollar Amount of such Eurocurrency-based Advance at such time and Agent and Lenders shall use said Prime-based Advance to fund payment of the Alternative Currency obligation, all subject to the provisions of Section 2.14 hereof. Company and the Permitted Borrowers, if applicable, shall reimburse Agent and Lenders on demand for any costs incurred by Agent or any of Lenders, as applicable, resulting from the conversion pursuant to this Section 2.12 of Eurocurrency-based Advances payable
in an Alternative Currency to Prime-based Advances.

43

          2.13     Revolving Credit Facility Fee.  From the Restatement Date to the Revolving Credit Maturity Date, the Company and the Domestic Permitted Borrowers shall pay to Agent, for distribution to Lenders (as set forth below), a Revolving Credit Facility Fee determined by multiplying the Applicable Fee Percentage per annum times the Revolving Credit Aggregate Commitment then applicable under Section 2.15 hereof (whether used or unused) then in effect computed on a daily basis. The Revolving Credit Facility Fee shall be payable quarterly in arrears commencing July 1, 2007 (in respect of the prior calendar quarter or portion thereof), and on the first day of each calendar quarter thereafter and on the Revolving Credit Maturity Date, and shall be computed on the basis of a year of three hundred sixty (360) days and assessed for the actual
number of days elapsed. Whenever any payment of the Revolving Credit Facility Fee shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Upon receipt of such payment Agent shall make prompt payment to each Lender of its share of the Revolving Credit Facility Fee based upon its respective Percentage.

          2.14     Currency Appreciation; Mandatory Reduction of Indebtedness.

	
  
 
  	
  
(a)
  	
  
Revolving   Credit Aggregate Commitment.  If at any time and for any reason, the   aggregate principal amount of all Advances of the Revolving Credit hereunder   to Company and to the Permitted Borrowers made in Dollars and the aggregate   Current Dollar Equivalent of all Advances of the Revolving Credit outstanding   hereunder to Company and to the Permitted Borrowers in any Alternative   Currency as of such time, plus the aggregate principal amount of Swing Line   Advances outstanding hereunder as of such time (determined as aforesaid),   plus the aggregate Letter of Credit Obligations of Company and the Permitted   Borrowers which shall be outstanding (based on the Dollar Amount of any   Letters of Credit denominated in Dollars and the Current Dollar Equivalent of   any Letters of Credit denominated in any Alternative Currency), as of such   time exceeds the Revolving Credit Aggregate Commitment (as used in this   clause (a), the
“Excess”), Company and the Permitted Borrowers shall:
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
immediately   repay that portion of such Indebtedness then carried as a Prime-based   Advance, if any, by the Dollar Amount of such Excess, and/or reduce any   pending request for an Advance in Dollars on such day by the Dollar Amount of   the Excess, to the extent thereof; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
on the last   day of each Interest Period of any Eurocurrency-based Advance outstanding as   of such time, until the necessary reductions of Indebtedness under this   Section 2.14(a) have been fully made, repay the Indebtedness carried in such   Advances and/or reduce any requests for refunding or conversion of such   Advances submitted (or to be submitted) by Company or the applicable   Permitted Borrower in respect of such Advances, by the amount in Dollars or   the applicable Alternative Currency, as the case may be, of the Excess, to   the extent thereof.
  

44

	
  
 
  	
  
 
  	
  
Compliance   with this Section 2.14(a) shall be tested on the last day of each Interest   Period in effect from time to time hereunder and may be tested on any other   basis satisfactory to Agent in its sole discretion, provided that, so long as   no Default or Event of Default has occurred and is continuing, at any time   while the aggregate Advances of the Revolving Credit available to be borrowed   hereunder (based on the Revolving Credit Aggregate Commitment then in effect)   equal or exceed Fifty Million Dollars ($50,000,000), compliance with this   Section 2.14(a) shall be tested as of the last day of each calendar quarter.   Notwithstanding the foregoing, upon the occurrence and during the continuance   of any Default or Event of Default, or if any Excess remains after   recalculating said Excess based on ninety-five percent (95%) of the Current   Dollar Equivalent of any Advances or Letters of Credit denominated in   Alternative Currencies (and one hundred
percent (100%) of any Advances or   Letters of Credit denominated in Dollars), Company and the Permitted   Borrowers shall be obligated immediately to reduce the foregoing Indebtedness   hereunder by an amount sufficient to eliminate such Excess.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
Permitted   Borrower Sublimit.    If at any time and for any reason with respect to any Permitted   Borrower, the aggregate principal amount (tested in the manner set forth in   clause (a) above) of all Advances of the Revolving Credit and of the Swing   Line outstanding hereunder to such Permitted Borrower, plus the Letter of   Credit Obligations under any Letters of Credit to or for the account of such   Permitted Borrower (tested in the manner set forth in clause (a) above),   which Advances and Letters of Credit are made or issued, or to be made or   issued, in Dollars and ninety percent (90%) of the aggregate Current Dollar   Equivalent of all such Advances and Letters of Credit Obligations for the   account of such Permitted Borrower in any Alternative Currency as of such   time, exceeds the applicable Permitted Borrower Sublimit (as used in this   clause (b), the “Excess”), then in each case, such Permitted Borrower shall

	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
immediately   repay that portion of the Indebtedness outstanding to such Permitted Borrower   then carried as a Prime-based Advance, if any, by the Dollar Amount of such   Excess, and/or reduce on such day any pending request for an Advance in   Dollars submitted by such Permitted Borrower by the Dollar Amount of such   Excess, to the extent thereof; and
  
	
   
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
on the last   day of each Interest Period of any Eurocurrency-based Advance outstanding to   such Permitted Borrower as of such time, until the necessary reductions of   Indebtedness under this Section 2.14(b) have been fully made, repay such   Indebtedness carried in such Advances and/or reduce any requests for   refunding or conversion of such Advances submitted (or to be submitted) by   such Permitted Borrower in respect of such Advances, by the amount in Dollars   or the applicable Alternative Currency, as the case may be, of such Excess,   to the extent thereof.
  

Provided that no Default or Event of Default has occurred and is continuing, each Permitted Borrower’s compliance with this Section 2.14(b) shall be tested as of the last day of each calendar quarter or, upon the written request of Company from time to time, as of the last day of each calendar month, provided Company furnishes Agent with current monthly financial 

45

statements complying with the requirements set forth in subparagraphs (i) and (ii) of Section 7.3(c) hereof. Upon the occurrence and during the continuance of any Default or Event of Default, compliance with this Section 2.14(b) shall be tested on a daily or other basis satisfactory to Agent in its sole discretion.

          2.15     Optional Reduction or Termination of Revolving Credit Aggregate Commitment. Provided that no Default or Event of Default has occurred and is continuing, Company may upon at least five (5) Business Days’ prior written notice to Agent, permanently reduce the Revolving Credit Aggregate Commitment in whole at any time, or in part from time to time, without premium or penalty, provided that: (i) each partial reduction of the Revolving Credit Aggregate Commitment shall be in an aggregate amount equal to Twenty Million Dollars ($20,000,000) or a larger integral multiple of One Million Dollars ($1,000,000); (ii) each reduction shall be accompanied by the payment of the Revolving Credit Facility Fee, if any, accrued to the date of such reduction; (iii) Company or any Permitted Borrower, as applicable, shall prepay in accordance with the
terms hereof the amount, if any, by which the aggregate unpaid principal amount of Advances (using the Current Dollar Equivalent of any such Advance outstanding in any Alternative Currency) of the Revolving Credit, plus the aggregate principal amount of Swing Line Advances outstanding hereunder (using the Current Dollar Equivalent of any such Advance outstanding in an Alternative Currency), plus the aggregate undrawn amount of outstanding Letters of Credit (using the Current Dollar Equivalent thereof for any Letters of Credit denominated in any Alternative Currency), plus the unreimbursed amount of any draws under any Letters of Credit (determined as aforesaid), exceeds the amount of the Revolving Credit Aggregate Commitment as so reduced, together with interest thereon to the date of prepayment; (iv) if the termination or reduction of the Revolving Credit Aggregate Commitment requires the prepayment of a Eurocurrency-based Advance or a Quoted Rate Advance, the termination or reduction may be made
only on the last Business Day of the then current Interest Period applicable to such Eurocurrency-based Advance or such Quoted Rate Advance; and (v) no reduction shall reduce the Revolving Credit Aggregate Commitment to an amount which is less than the aggregate undrawn amount of any Letters of Credit outstanding at such time. Reductions of the Revolving Credit Aggregate Commitment and any accompanying prepayments of Advances of the Revolving Credit shall be distributed by Agent to each Lender in accordance with such Lender’s Percentage thereof, and will not be available for reinstatement by or readvance to Company or any Permitted Borrower, and any accompanying prepayments of Advances of the Swing Line shall be distributed by Agent to Swing Line Lender and will not be available for reinstatement by or readvance to Company. Any reductions of the Revolving Credit Aggregate Commitment hereunder shall reduce each Lender’s portion thereof proportionately (based on the applicable Percentages),
and shall be permanent and irrevocable. Any payments made pursuant to this Section shall be applied first to outstanding Prime-based Advances under the Revolving Credit, next to Swing Line Advances carried at the Prime-based Rate, next to Eurocurrency-based Advances of the Revolving Credit and then to Swing Line Advances carried at the Eurocurrency-based Rate or the Quoted Rate.

          2.16     Extensions of Revolving Credit Maturity Date. (a)  Provided that no Default or Event of Default has occurred and is continuing, Company may, by written notice to Agent and each Lender (which notice shall be irrevocable and which shall not be deemed effective unless actually received by Agent and each Lender) prior to April 30 but not before March 31st of each year, request that Lenders extend the then applicable Revolving Credit Maturity Date to a date that is one year later than the Revolving Credit Maturity Date then in effect (such request, a “Request”).

46

	
  
 
  	
  
(b)
  	
  
Each Lender   shall, within 30 days of receipt of such request, notify Agent in writing   whether such Lender consents to the extension of the Revolving Credit   Maturity Date, such consent to be in the sole discretion of such Lender.  If any Lender does not so notify Agent of   its decision within such 30 day period, such Lender shall be deemed to have   not consented to such request of the Borrower.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Agent shall   promptly notify Company whether Lenders have consented to such request.  If Agent does not so notify Company within   30 days of Agent’s receipt such Request, Agent shall be deemed to have   notified Company that Lenders have not consented to Company’s request.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Each Lender   which elects not to extend the Revolving Credit Maturity Date or fails to so   notify Agent of such consent (a “Non-Consenting Lender”) hereby agrees that   if any other Lender or financial institution acceptable to Company and Agent   offers to purchase such Non-Consenting Lender’s Percentage of the Revolving   Credit Aggregate Commitment within 180 days after receipt of the related   Request for a purchase price equal to the sum of all amounts then owing with   respect to the outstanding Advances (and participations in any Swing Line   Advances or any Letters of Credit) and all other amounts accrued for the   account of such Non-Consenting Lender, such Non-Consenting Lender will   promptly assign, sell and transfer all of its right, title, interest and   obligations with respect to the foregoing to such other Lender or financial   institution pursuant to and on the terms specified in the form of Assignment   Agreement  attached
hereto as Exhibit   E.  Before assigning to a financial   institution other than a Lender pursuant to this clause (d), each Lender that   has elected to extend the Revolving Credit Maturity Date (a “Consenting   Lender”) shall have the right, but not any obligation, pro rata with all   other Consenting Lenders which elect to purchase a pro rata share of such   non-consenting Lender’s Percentage of the Revolving Credit Aggregate Commitment   (and participations in Swing Line Advances and Letters of Credit) to purchase   each such Non-Consenting Lender’s Percentage thereof pursuant to this clause   (d).  The Consenting Lenders which   elect to exercise their purchase options hereunder shall by mutual agreement   determine the amount of each Non-Consenting Lender’s Percentage of the   Revolving Credit Aggregate Commitment being purchased by each Consenting   Lender, provided that if there is any dispute among the Consenting Lenders   such purchase shall be based upon a
pro rata sharing of each Non-Consenting   Lender’s Percentage thereof.  Only if   the Consenting Lenders have determined not to purchase all of the   Non-Consenting Lender’s Revolving Credit Aggregate Commitment may financial   institutions other than a Consenting Lender then purchase such Non-Consenting   Lender’s Revolving Credit Aggregate Commitment.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Except as   set forth in subparagraph (f) hereof, notwithstanding anything herein to the   contrary, the Revolving Credit Maturity Date will not be extended unless all   Lenders have consented to the extension or if another Lender or financial   institution has purchased each such Non-Consenting Lender’s Revolving Credit   Aggregate Commitment pursuant to the terms of clause (d) above.
  

47

	
  
 
  	
  
(f)
  	
  
In the   event, after giving effect to any assignments to Consenting Lenders under   Section 2.16(d) hereof or otherwise, Lenders holding eighty percent (80%) or   more of the Percentages (the “Approving Percentages”) have consented to an   extension of the Revolving Credit Maturity Date hereunder, such extension   shall become effective, notwithstanding that all of Lenders have failed to   approve such extension in accordance with this Section 2.16, so long as   Company, at least five (5) Business Days prior to the Revolving Credit   Maturity Date then in effect, reduces the Revolving Credit Aggregate   Commitment to an amount not greater than the product of the Approving   Percentages times the Revolving Credit Aggregate Commitment then in effect   and repays the Indebtedness then outstanding hereunder (and, if necessary   causes any outstanding Letters of Credit to be terminated or discharged) to   the extent such Indebtedness exceeds the Revolving
Credit Aggregate   Commitment as so reduced, such that the entire Indebtedness outstanding to   the Non-Consenting Lenders shall have been paid and discharged in full.   Reductions may be made without regard to the notice provisions set forth in   Section 2.15 hereof, but shall otherwise comply with said Section 2.15,   except that any amounts repaid by Company against the Indebtedness pursuant   to this subparagraph (f) shall be first applied to the Indebtedness   outstanding to the Non-Consenting Lenders still holding Indebtedness   hereunder at such time, with any remaining amounts applied in accordance with   Section 2.15 hereof and the Percentages held by such Non-Consenting Lenders   shall be reallocated to the Consenting Lenders (giving effect to any   assignments, as aforesaid), pro rata, based on the Percentages then in effect   and Agent shall distribute to the remaining Lenders a revised Schedule 1.1   reflecting such reallocated Percentages.
  

          2.17     Revolving Credit Optional Increase.  Provided that no Default or Event of Default has occurred and is continuing, and provided that the Borrowers have not previously elected to terminate the Revolving Credit Aggregate Commitment, Borrowers may request that the Revolving Credit Aggregate Commitment be increased in an aggregate amount (for all such Requests under this Section 2.17 not to exceed the Revolving Credit Optional Increase, subject, in each case, to the other terms and requirements of this Agreement and to the satisfaction concurrently with or prior to the date of each such request of the following conditions:

	
  
 
  	
  
(a)
  	
  
The Borrowers   shall have delivered to Agent a written request for such increase, specifying   the amount of Revolving Credit Optional Increase thereby requested (each such   request, a “Request for Increase”); provided, however that in the event the   Borrowers have previously delivered a Request for Increase pursuant to this   Section 2.17, Borrowers may not deliver a subsequent Request for Increase   until all the conditions to effectiveness of such first Request for Increase   have been fully satisfied hereunder (or such Request for Increase has been   withdrawn), and Borrowers may not submit more than three (3) Requests for   Increases hereunder;
  

48

	
   
  	
  
(b)
  	
  
a lender or   lenders meeting the requirements of Section 13.8(c) hereof and acceptable to   the Borrowers, Agent and Issuing Lender (including, for the purposes of this   Section 2.17, any existing Lender which agrees to increase its commitment   hereunder, the “New Lender(s)”) shall have become a party to this Agreement   by executing and delivering a New Lender Addendum for a minimum amount   (including for the purposes of this Section 2.17, the existing commitment of   any existing Lender) for each such New Lender of Fifteen Million Dollars   ($15,000,000)and an aggregate   amount for all such New Lenders of that portion of the then available   Revolving Credit Optional Increase covered by the applicable Request,   provided, however that each New Lender shall remit to Agent funds in an   amount equal to its Revolving Credit Percentage (after giving effect to this   Section 2.17) of all Advances of the Revolving Credit then outstanding, such   sums to
be reallocated among and paid to the existing Lenders based upon the   new Percentages as determined below;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Borrowers   (i) shall have paid to Agent for distribution to the existing Lenders, as   applicable, all interest, fees (including the Revolving Credit Facility Fee   and the Letter of Credit Fees) and other amounts, if any, accrued to the   effective date of such increase and any breakage fees attributable to the   reduction (prior to the last day of the applicable Interest Period) of any   outstanding Eurocurrency-based Advances, calculated on the basis set forth in   Section 11.1 hereof as though Borrower has prepaid such Advances and (ii)   shall have paid to each New Lender a special letter of credit fee on the   Letters of Credit outstanding on the effective date of such increase,   calculated on the basis of the Letter of Credit Fees which would be   applicable to such Letters of Credit if issued on the date of such increase,   for the period from the effective date of such increase to the expiration   date of such Letters of Credit;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
the   Borrowers shall have executed and delivered to Agent new Revolving Credit   Notes payable to each of the New Lenders in the face amount of each such New   Lender’s Percentage of the Revolving Credit Aggregate Commitment (after   giving effect to this Section 2.17) and, if applicable, renewal and   replacement Revolving Credit Notes payable to each of the existing Lenders in   the face amount of each such Lender’s Percentage of the Revolving Credit   Aggregate Commitment (after giving effect to this Section 2.17), each of such   Revolving Credit Notes to be substantially in the form specified by this   Agreement, and dated as of the effective date of such increase (with appropriate   insertions relevant to such Notes and acceptable to the applicable Lender,   including the New Lenders);
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
the   representations and warranties made by Borrowers, each Guarantor or any other   party to any of the Loan Documents (excluding Agent and Lenders) in this   Agreement or any of the other Loan Documents, and the representations and   warranties of any of the foregoing which are contained in any certificate,   document or financial or other statement furnished at any time hereunder or   thereunder or in connection herewith or therewith shall have been true and   correct in all material   
  

49

	
  
 
  	
  
 
  	
  
respects when made and shall be true and correct in all material respects on   and as of the effective date of such increase, and no Default or Event of   Default shall have occurred and be continuing as of such date and Borrowers   shall have delivered an updated Covenant Compliance Report; and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
such other   amendments, acknowledgments, consents, documents, instruments, any   registrations, if any, shall have been executed and delivered and/or obtained   by Borrower as required by Agent or the Required Lenders, in their reasonable   discretion.
  

Promptly on or after the date on which all of the conditions to such Request for Increase set forth above have been satisfied, Agent shall notify the Borrowers and each of Lenders of the amount of the Revolving Credit Aggregate Commitment as increased pursuant this Section 2.17 and the date on which such increase has become effective and shall prepare and distribute to the Borrowers and each of Lenders (including the New Lenders) a revised Schedule 1.2 to the Credit Agreement setting forth the applicable new Percentages of Lenders (including the New Lender(s), taking into account such increase and assignments (if any).

          2.18     Application of Advances.  Advances of the Revolving Credit (including Swing Line Advances) shall be available, subject to the terms hereof, to fund working capital needs, to repay or prepay the New Convertible Subordinated Debt and/or the BCc Refinancing (or any refinancing of the New Convertible Subordinated Debt and/or the BCc Refinancing), including any interest, fees or expenses related thereto, or other general corporate purposes of any of the Borrowers.

          3.        LETTERS OF CREDIT.

          3.1      Letters of Credit.  Subject to the terms and conditions of this Agreement, Issuing Lender shall through the Issuing Office, at any time and from time to time from and after the date hereof until thirty (30) days prior to the Revolving Credit Maturity Date, upon the written request of an Account Party(ies) accompanied by a duly executed Letter of Credit Agreement and such other documentation related to the requested Letter of Credit as Issuing Lender may require, issue Letters of Credit for the account of such Account Party(ies), in an aggregate amount for all Letters of Credit issued hereunder at any one time outstanding not to exceed the Letter of Credit Maximum Amount. Each Letter of Credit shall be in a minimum face amount of Five Hundred Thousand Dollars ($500,000) (or such lesser amount as may be agreed to by Issuing Lender)
and each Letter of Credit (including any renewal thereof) shall expire on the earlier to occur of (x) 1 year from the date of issuance and (y) not later than ten (10) Business Days prior to the Revolving Credit Maturity Date in effect on the date of issuance thereof. The submission of all applications in respect of and the issuance of each Letter of Credit hereunder shall be subject in all respects to the International Standby Practices 98, and any successor documentation thereto and to the extent not inconsistent therewith, the laws of the State of Michigan.  In the event of any conflict between this Agreement and any Letter of Credit Document other than a Letter of Credit, this Agreement shall control.

          3.2      Conditions to Issuance.  No Letter of Credit shall be issued at the request and for the account of any Account Party(ies) unless, as of the date of issuance of such Letter of Credit:

50

	
  
 
  	
  
(a)
  	
  
after giving   effect to the Letter of Credit requested (but taking into account any   outstanding Letter of Credit to be replaced thereby), the aggregate amount of   Letter of Credit Obligations (calculated on the basis of the Dollar Amount of   any Letter of Credit Obligations relating to Letters of Credit denominated in   Dollars and the Current Dollar Equivalent of any Letter of Credit Obligations   relating to Letters of Credit denominated in an Alternative Currency) does   not exceed the Letter of Credit Maximum Amount;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
after giving   effect to the Letter of Credit requested (but taking into account any   outstanding Letter of Credit to be replaced thereby), (i) the aggregate   amount of all Letter of Credit Obligations, plus the aggregate amount of all   Advances including, all Advances deemed disbursed in respect of any Account   Party’s Reimbursement Obligations, (calculated on the basis of the Dollar   Amount of any Advances or Letter of Credit Obligations relating to Letters of   Credit in each case denominated in Dollars and the Current Dollar Equivalent   of any Advances or Letter of Credit Obligations relating to Letters of Credit   denominated in an Alternative Currency) hereunder requested or outstanding on   such date do not exceed the then applicable Revolving Credit Aggregate   Commitment and (ii) if requested by a Permitted Borrower, the aggregate   amount of all Letter of Credit Obligations issued for the account of such   Permitted Borrower, plus the
aggregate amount of all Advances to such   Permitted Borrower, in each case calculated on the basis of the Dollar Amount   of any Advances or Letter of Credit Obligations relating to Letters of Credit   in each case denominated in Dollars and the Current Dollar Equivalent of any   Advances or Letter of Credit Obligations relating to Letters of Credit   denominated in an Alternative Currency) hereunder requested or outstanding on   such date do not exceed the then applicable Permitted Borrower Sublimit;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
whenever the   Account Party is a Permitted Borrower, it shall not be entitled to request a   Letter of Credit hereunder until it has complied in all respects with the   provisions of Section 2.1(a) or (b) hereof, as applicable;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
the   obligations of Borrowers and the Guarantors set forth in this Agreement and   the other Loan Documents are valid, binding and enforceable obligations of   Borrowers and Guarantors and the valid, binding and enforceable nature of   this Agreement and the other Loan Documents has not been disputed by Borrowers   or the Guarantors;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
the   representations and warranties contained in this Agreement and the other Loan   Documents are true in all material respects as if made on such date (unless   such representations and warranties speak as of another date certain), and   both immediately before and immediately after issuance of the Letter of   Credit requested, no Default or Event of Default exists;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
the   execution of the Letter of Credit Agreement with respect to the Letter of   Credit requested will not violate the terms and conditions of any contract,   agreement or other borrowing of the relevant Account Party;
  

51

	
  
 
  	
  
(g)
  	
  
the Account   Party requesting the Letter of Credit shall have delivered to Issuing Lender   at its Issuing Office, not less than three (3) Business Days prior to the   requested date for issuance (or such shorter time as Issuing Lender, in its   sole discretion, may permit), the Letter of Credit Agreement related thereto,   together with such other documents and materials as may be required pursuant   to the terms thereof, and the terms of the proposed Letter of Credit shall be   satisfactory to Issuing Lender;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(h)
  	
  
no order,   judgment or decree of any court, arbitrator or governmental authority shall   purport by its terms to enjoin or restrain Issuing Lender from issuing the   Letter of Credit requested, or any Lender from taking an assignment of its   Percentage thereof pursuant to Section 3.6 hereof, and no law, rule,   regulation, request or directive (whether or not having the force of law) shall   prohibit or request that Issuing Lender refrain from issuing, or any Lender   refrain from taking an assignment of its Percentage of, the Letter of Credit   requested or letters of credit generally;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(i)
  	
  
there shall   have been no introduction of or change in the interpretation of any law or   regulation that would make it unlawful or unduly burdensome for Issuing   Lender to issue or any Lender to take an assignment of its Percentage of the   requested Letter of Credit, no suspension of or material limitation on   trading on the New York Stock Exchange or any other national securities   exchange, no declaration of a general banking moratorium by banking   authorities in the United States, Michigan or the respective jurisdictions in   which Lenders, the applicable Account Party and the beneficiary of the   requested Letter of Credit are located, and no establishment of any new   restrictions on transactions involving letters of credit or on banks   materially affecting the extension of credit by banks; and
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(j)
  	
  
Issuing   Lender shall have received the issuance fees required in connection with the   issuance of such Letter of Credit pursuant to Section 3.4 hereof.
  

Each Letter of Credit Agreement submitted to Issuing Lender pursuant hereto shall constitute the certification by Company and any other Account Party of the matters set forth in Section 3.2 (a) through (f) hereof. Issuing Lender shall be entitled to rely on such certification without any duty of inquiry.

          3.3      Notice.  Issuing Lender shall deliver to Agent, concurrently with or promptly following the issuance of any Letter of Credit, a true and complete copy of each Letter of Credit.  Promptly upon its receipt thereof, Agent shall give notice, substantially in the form attached as Exhibit F, to each Lender of the issuance of each Letter of Credit, not later than three (3) Business Days after issuance of each Letter of Credit, specifying the amount thereof and the amount of such Lender’s Percentage thereof.

	
   
 	
  
3.4
  	
  
Letter of   Credit Fees A non-refundable per annum letter of   credit fee with respect to the undrawn amount of each Letter of Credit issued   pursuant hereto (based on the Dollar Amount of any Letters of Credit   denominated in Dollars and the Current Dollar Equivalent of any Letters of   Credit denominated in any Alternative Currency) in the amount of the   Applicable Fee Percentage (determined with reference to Schedule 4.1 to this   Agreement).
  

52

	
  
 
  	
  
(b)
  	
  
A letter of   credit facing fee in the amount specified in the Fee Letter to be retained by   Issuing Lender for its own Account.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
If any   change in any law or regulation or in the interpretation thereof by any court   or administrative or governmental authority charged with the administration   thereof shall either (i) impose, modify or cause to be deemed applicable any   reserve, special deposit, limitation or similar requirement against letters   of credit issued or participated in by, or assets held by, or deposits in or   for the account of, Issuing Lender or any Lender or (ii) impose on Issuing   Lender or any Lender any other condition regarding this Agreement, the   Letters of Credit or any participations in such Letters of Credit, and the   result of any event referred to in clause (i) or (ii) above shall be to   increase the cost or expense to Issuing Lender or such Lender of issuing or   maintaining or participating in any of the Letters of Credit (which increase   in cost or expense shall be determined by Issuing Lender’s or such Lender’s   reasonable allocation of the
aggregate of such cost increases and expenses   resulting from such events), then, upon demand by Issuing Lender or such   Lender, as the case may be, Company shall, within thirty (30) days following   demand for payment, pay to Issuing Lender or such Lender, as the case may be,   from time to time as specified by Issuing Lender or such Lender, additional   amounts which shall be sufficient to compensate Issuing Lender or such Lender   for such increased cost and expense, together with interest on each such   amount from ten days after the date demanded until payment in full thereof at   the Prime-based Rate. A certificate as to such increased cost or expense   incurred by Issuing Lender or such Lender, as the case may be, as a result of   any event mentioned in clause (i) or (ii) above, submitted to Company, shall   be conclusive evidence, absent manifest error, as to the amount thereof.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
All payments   by any Borrower to Issuing Lender or Lenders under this Section 3.4 shall be   made in Dollars and in immediately available funds at the Issuing Office or   such other office of Issuing Lender as may be designated from time to time by   written notice to the Borrowers by Issuing Lender. The fees described in   clause (a) and (b) above shall be nonrefundable under all circumstances,   shall be payable quarterly in advance (or such lesser period, if applicable,   for Letters of Credit issued with stated expiration dates of less than three   months) upon the issuance of each such Letter of Credit, and shall be   calculated on the basis of a 360 day year and assessed (on a quarterly basis   as aforesaid) as of the beginning of each quarter as of which such Letter of   Credit is outstanding commencing on the date of issuance thereof, for the   actual number of days from the beginning of such quarter to the earlier of   the beginning of the next quarter
or the stated expiration thereof.
  

          3.5      Other Fees.  In connection with the Letters of Credit, and in addition to the Letter of Credit Fees, Company and any other applicable Account Party(ies) shall pay, for the sole account of Issuing Lender, standard documentation, administration, payment and cancellation

53

charges assessed by Issuing Lender or the Issuing Office, at the times, in the amounts and on the terms set forth or to be set forth from time to time in the standard fee schedule of the Issuing Office in effect from time to time and delivered to the relevant Account Party(ies).

	
  
 
  	
  
3.6
  	
  
Drawings and   Demands for Payment Under Letters of Credit.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(a)
  	
  
Company and   each other applicable Account Party (as to the Letter of Credit which has   been issued in the name of such Account Party) agree to pay to Issuing   Lender, on the day on which Issuing Lender shall honor a draft or other   demand for payment presented or made under any Letter of Credit, an amount   equal to the amount paid by Issuing Lender in respect of such draft or other   demand under such Letter of Credit and all expenses paid or incurred by   Issuing Lender relative thereto.    Unless Company or the other applicable Account Party shall have made   such payment to Issuing Lender on such day, upon each such payment by Issuing   Lender, Issuing Lender shall be deemed to have disbursed to Company or the   other applicable Account Party, and Company or the other applicable Account   Party shall be deemed to have elected to substitute for its reimbursement   obligation, with respect to Letters of Credit denominated in Dollars, a   Prime-based
Advance of the Revolving Credit and, with respect to Letters of   Credit denominated in any Alternative Currency, a Eurocurrency-based Advance   of the Revolving Credit in the applicable Alternative Currency with an   Interest Period, commencing three (3) Business Days following the date of   Issuing Lender’s payment pursuant to the applicable Letter of Credit, of one   month (or, if unavailable, such other Interest Period as selected by Issuing   Lender in its sole discretion), in each case for the account of Lenders in an   amount equal to the amount so paid by Issuing Lender in respect of such draft   or other demand under such Letter of Credit. Such Prime-based Advance or   Eurocurrency-based Advance shall be deemed disbursed notwithstanding any   failure to satisfy any conditions for disbursement of any Advance set forth   in Section 2 hereof and, to the extent of the Advances so disbursed, the reimbursement   obligation of Company or the other applicable Account Party under this   Section
3.6 shall be deemed satisfied, provided that, with respect to any   such Eurocurrency-based Advance deemed to have been made hereunder, Company   or the applicable Account Party (as to the Letter of Credit which has been   issued in the name of such Account Party) shall also be obligated to pay to   Issuing Lender, for Issuing Lender’s sole account, interest on the aggregate   amount paid by Issuing Lender under the applicable draft or other demand for   payment at Issuing Lender’s aggregate marginal cost (including the cost of   maintaining any required reserves or deposit insurance and of any fees,   penalties, overdraft charges or other costs or expenses incurred by Issuing   Lender as a result of such failure to deliver funds hereunder) of carrying   such amount plus the Applicable Margin then in effect for Eurocurrency-based   Advances, from the date of Issuing Lender’s payment pursuant to any Letter of   Credit to the date of the commencement of the Interest Period for the
applicable Eurocurrency-based Advance deemed to have been made, as aforesaid,   such interest (the “Gap Interest”) to be due and payable on the last day of   the initial Interest Period established for such deemed Advance.
  

54

	
  
 
  	
  
(b)
  	
  
If Issuing   Lender shall honor a draft or other demand for payment presented or made   under any Letter of Credit, Issuing Lender shall provide notice thereof to   Company and each other applicable Account Party on the date such draft or   demand is honored, and to each Lender on such date unless Company or other   applicable Account Party shall have satisfied its reimbursement obligation   under Section 3.6(a) hereof by payment to Issuing Lender on such date.  Issuing Lender shall further use   reasonable efforts to provide notice to Company or other applicable Account   Party prior to honoring any such draft or other demand for payment, but such   notice, or the failure to provide such notice, shall not affect the rights or   obligations of Issuing Lender with respect to any Letter of Credit or the   rights and obligations of the parties hereto, including without limitation   the obligations of Company or other applicable Account Party under Section
3.6(a) hereof.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Upon   issuance by Issuing Lender of each Letter of Credit hereunder, each Lender   shall automatically acquire a pro rata participation interest in such Letter   of Credit and each related Letter of Credit Payment based on its respective   Percentage. Each Lender, on the date a draft or demand under any Letter of   Credit is honored (or the next succeeding Business Day if the notice required   to be given by Issuing Lender to Lenders under Section 3.6(b) hereof is not   given to Lenders prior to 2:00 p.m. (Detroit time) on such date of draft or demand)   or three (3) Business Days thereafter in respect of draws or demands under   Letters of Credit issued in any Alternative Currency, shall make its   Percentage of the amount paid by Issuing Lender, and not reimbursed by   Company or other applicable Account Party on such day, available in the   applicable Permitted Currency and in immediately available funds at the   principal office of Agent for the account of
Issuing Lender.  If and to the extent such Lender shall not   have made such pro rata portion available to Agent, such Lender (whose   obligations hereunder shall be several and not joint with any other Person),   Company and any other applicable Account Party agree to pay to Agent for the   account of Issuing Lender forthwith on demand such amount together with interest   thereon, for each day from the date such amount was paid by Issuing Lender   until such amount is so made available to Agent at a per annum rate equal to   the interest rate applicable during such period to the related Advance deemed   to have been disbursed under Section 3.6(a) in respect of the reimbursement   obligation of Company and any other applicable Account Party, as set forth in   Section 2.4(c)(i) or 2.4(c)(ii) hereof, as the case may be.  If such Lender shall pay such amount to   Agent for the account of Issuing Lender together with such interest, such   amount so paid shall be deemed to constitute an Advance
by such Lender   disbursed in respect of the reimbursement obligation of Company or other   applicable Account Party under Section 3.6(a) hereof for purposes of this   Agreement, effective as of the dates applicable under said Section 3.6(a).   The failure of any Lender to make its pro rata portion of any such amount   paid by Issuing Lender available to Agent for the account of Issuing Lender   shall not relieve any other Lender of its obligation to make available its   pro rata portion of such amount, but no Lender shall be responsible for   failure of any other Lender to make such pro rata portion available to Agent.   Furthermore, in the event of the failure by Company or the Permitted   Borrowers to pay the Gap 
  

55

	
  
 
  	
  
 
  	
  
Interest   required under the proviso to Section 3.6(a) hereof, each of Lenders shall   pay to Issuing Lender, within one Business Day following receipt from Issuing   Lender of written request therefor, its pro rata portion of said Gap   Interest, excluding any portion thereof attributable to the Applicable   Margin.
  

          Notwithstanding the foregoing however, no Lender shall acquire a pro rata risk participation in a Letter of Credit or related Letter of Credit Payment if the officers of Issuing Lender immediately responsible for matters concerning this Agreement shall have received written notice from Agent or any Lender at least two (2) Business Days prior to the date of the issuance of such Letter of Credit that the issuance of Letters of Credit should be suspended based on the occurrence and continuance of a Default or Event of Default and stating that such notice is a “notice of default”; provided, however that each Lender shall acquire a pro rata risk participation in such Letter of Credit and the related Letter of Credit Payment upon the date on which such Default or Event of Default is waived by the Required Lenders or all Lenders, as applicable.  In the event that Issuing Lender receives such a
notice, Issuing Lender shall have no obligation to issue any Letter of Credit until such notice is withdrawn by Agent or such Lender or until the requisite Lenders have waived such Default or Event of Default in accordance with the terms of this Agreement.

	
  
 
  	
  
(d)
  	
  
Nothing in   this Agreement shall be construed to require or authorize any Lender to issue   any Letter of Credit, it being recognized that Issuing Lender shall be the   sole issuer of Letters of Credit under this Agreement.
  

          3.7      Obligations Irrevocable.  The obligations of Company and any other Account Party to make payments to Agent for the account of Issuing Lender or Lenders with respect to Letter of Credit Obligations under Section 3.6 hereof, shall be unconditional and irrevocable and not subject to any qualification or exception whatsoever, including, without limitation:

	
  
 
  	
  
(a)
  	
  
Any lack of   validity or enforceability of any Letter of Credit or any documentation   relating to any Letter of Credit or to any transaction related in any way to   any Letter of Credit (the “Letter of Credit Documents”);
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
Any   amendment, modification, waiver, consent, or any substitution, exchange or   release of or failure to perfect any interest in collateral or security, with   respect to or under any of the Letter of Credit Documents;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
The   existence of any claim, setoff, defense or other right which Company or any   other Account Party may have at any time against any beneficiary or any   transferee of any Letter of Credit (or any persons or entities for whom any   such beneficiary or any such transferee may be acting), Agent, Issuing Lender   or any Lender or any other person or entity, whether in connection with any   of the Letter of Credit Documents, the transactions contemplated herein or   therein or any unrelated transactions;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Any draft or   other statement or document presented under any Letter of Credit proving to   be forged, fraudulent, invalid or insufficient in any respect or any   statement therein being untrue or inaccurate in any respect;
  

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(e)
  	
  
Payment by   Issuing Lender to the beneficiary under any Letter of Credit against   presentation of documents which do not comply with the terms of such Letter   of Credit, including failure of any documents to bear any reference or   adequate reference to such Letter of Credit;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Any failure,   omission, delay or lack on the part of Agent, Issuing Lender or any Lender or   any party to any of the Letter of Credit Documents to enforce, assert or   exercise any right, power or remedy conferred upon Agent, Issuing Lender, any   Lender or any such party under this Agreement, any of the other Loan   Documents or any of the Letter of Credit Documents, or any other acts or   omissions on the part of Agent, Issuing Lender, any Lender or any such party;   or
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(g)
  	
  
Any other   event or circumstance that would, in the absence of this Section 3.7, result   in the release or discharge by operation of law or otherwise of Company or   any other Account Party from the performance or observance of any obligation,   covenant or agreement contained in Section 3.6 hereof.
  

No setoff, counterclaim, reduction or diminution of any obligation or any defense of any kind or nature which Company or any other Account Party has or may have against the beneficiary of any Letter of Credit shall be available hereunder to Company or any other Account Party against Agent, Issuing Lender or any Lender.  With respect to any Letter of Credit, nothing contained in this Section 3.7 shall be deemed to prevent Company or the other Account Parties, after satisfaction in full of the absolute and unconditional obligations of Company and any other Account Parties hereunder, from asserting in a separate action any claim, defense, set off or other right which they (or any of them) may have against Agent, Issuing Lender or any Lender in connection with such Letter of Credit.

          3.8      Risk Under Letters of Credit.  (a)  In the administration and handling of Letters of Credit and any security therefor, or any documents or instruments given in connection therewith, Issuing Lender shall have the sole right to take or refrain from taking any and all actions under or upon the Letters of Credit.

	
  
 
  	
  
(b)
  	
  
Subject to   other terms and conditions of this Agreement, Issuing Lender shall issue the   Letters of Credit and shall hold the documents related thereto in its own   name and shall make all collections thereunder and otherwise administer the   Letters of Credit in accordance with Issuing Lender’s regularly established   practices and procedures and, except pursuant to Section 12.3 hereof, Issuing   Lender will have no further obligation with respect thereto. In the   administration of Letters of Credit, Issuing Lender shall not be liable for   any action taken or omitted on the advice of counsel, accountants, appraisers   or other experts selected by Issuing Lender with due care and Issuing Lender   may rely upon any notice, communication, certificate or other statement from   Company, any Account Party, beneficiaries of Letters of Credit, or any other   Person which Issuing Lender believes to be authentic.  Issuing Lender will, upon request, furnish
Lenders with copies of Letter of Credit Agreements, Letters of Credit and   documents related thereto.
  

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(c)
  	
  
In   connection with the issuance and administration of Letters of Credit and the   assignments hereunder, Issuing Lender makes no representation and shall have   no responsibility with respect to (i) the obligations of Company or any   Account Party or the validity, sufficiency or enforceability of any document   or instrument given in connection therewith, or the taking of any action with   respect to same, (ii) the financial condition of, any representations made   by, or any act or omission of, Company, any other applicable Account Party or   any other Person, or (iii) any failure or delay in exercising any rights or   powers possessed by Issuing Lender in its capacity as issuer of Letters of   Credit in the absence of its gross negligence or willful misconduct. Each of   Lenders expressly acknowledges that they have made and will continue to make   their own evaluations of Company’s and the Account Parties’ creditworthiness   without reliance on any
representation of Issuing Lender or its officers,   agents and employees.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
If at any   time Issuing Lender shall recover any part of any unreimbursed amount for any   draw or other demand for payment under a Letter of Credit, or any interest   thereon, Issuing Lender shall receive same for the pro rata   benefit of Lenders in accordance with their respective Percentages and shall   promptly deliver to each Lender its share thereof, less such Lender’s pro   rata share of the costs of such recovery, including court costs and   attorney’s fees. If at any time any Lender shall receive from any source   whatsoever any payment on any such unreimbursed amount or interest thereon in   excess of such Lender’s Percentage of such payment, such Lender will promptly   pay over such excess to Issuing Lender, for redistribution in accordance with   this Agreement.
  

          3.9      Indemnification.  (a)  The Company and the Domestic Permitted Borrowers and, as to each Letter of Credit which such Person is the Account Party, each other Account Party hereby indemnifies and agrees to hold harmless Lenders, Issuing Lender and Agent, and their respective officers, directors, employees and agents, from and against any and all claims, damages, losses, liabilities, costs or expenses of any kind or nature whatsoever which Lenders, Issuing Lender or Agent or any such person may incur or which may be claimed against any of them by reason of or in connection with any Letter of Credit, and neither any Lender, Issuing Lender nor Agent or any of their respective officers, directors, employees or agents shall be liable or responsible for: (i) the use which may be made of any Letter of Credit or for any acts or
omissions of any beneficiary in connection therewith; (ii) the validity, sufficiency or genuineness of documents or of any endorsement thereon, even if such documents should in fact prove to be in any or all respects invalid, insufficient, fraudulent or forged; (iii) payment by Issuing Lender to the beneficiary under any Letter of Credit against presentation of documents which do not strictly comply with the terms of any Letter of Credit (unless such payment resulted from the gross negligence or willful misconduct of Issuing Lender); (iv) any error, omission, interruption or delay in transmission, dispatch or delivery of any message or advice, however transmitted, in connection with any Letter of Credit; or (v) any other event or circumstance whatsoever arising in connection with any Letter of Credit; provided, however, that the Company and the Domestic Permitted Borrowers and any other Account Parties shall not be required to indemnify Lenders, Issuing Lender and Agent and such other Persons for any
liabilities resulting from the Issuing Lender’s gross negligence, willful misconduct or wrongful dishonor of any Letter of Credit after the presentation to it by the beneficiary thereunder of a draft or other demand for payment and 

58

other documentation strictly complying with the terms and conditions of such Letter of Credit, and; provided, further, that the Issuing Lender shall be liable to the Company and the Domestic Permitted Borrowers and any other Account Parties to the extent, but only to the extent, of any direct (but not any indirect or consequential) damages suffered by the Company and the Domestic Permitted Borrowers or such other Account Party as a result of such actions or omissions by Issuing Lender.

	
  
 
  	
  
(b)
  	
  
It is   understood that in making any payment under a Letter of Credit Issuing Lender   will rely on documents presented to it under such Letter of Credit as to any   and all matters set forth therein without further investigation and   regardless of any notice or information to the contrary.  It is further acknowledged and agreed that   Company or other Account Party may have rights against the beneficiary or   others in connection with any Letter of Credit with respect to which Agent,   Issuing Lender  or Lenders are alleged   to be liable and it shall be a condition of the assertion of any liability of   Agent, Issuing Lender or Lenders by Company or any other Account Party under   this Section that Company or the other applicable Account Party shall   contemporaneously pursue all remedies in respect of the alleged loss against   such beneficiary and any other parties obligated or liable in connection with   such Letter of Credit and any related
transactions.
  

          3.10     Right of Reimbursement.  Each Lender agrees to reimburse Issuing Lender on demand, pro rata in accordance with its respective Percentage, for (i) the reasonable out-of-pocket costs and expenses of Issuing Lender to be reimbursed by Company or any other Account Party pursuant to any Letter of Credit Agreement or any Letter of Credit, to the extent not reimbursed by Company or any other Account Party and (ii) any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, fees, reasonable out-of-pocket expenses or disbursements of any kind and nature whatsoever which may be imposed on, incurred by or asserted against Issuing Lender (in its capacity as issuer of any Letter of Credit) in any way relating to or arising out of this Agreement, any Letter of Credit, any documentation or any transaction
relating thereto, or any Letter of Credit Agreement, to the extent not reimbursed by Company or any Account Party, except to the extent that such liabilities, losses, costs or expenses were incurred by Issuing Lender as a result of Issuing Lender’s gross negligence or willful misconduct or by Issuing Lender’s wrongful dishonor of any Letter of Credit after the presentation to it by the beneficiary thereunder of a draft or other demand for payment and other documentation strictly complying with the terms and conditions of such Letter of Credit.

          3.11     Existing Letters of Credit.  Each Existing Letter of Credit shall be deemed for all purposes of this Agreement to be a Letter of Credit, and each application or other documentation submitted in connection with each Existing Letter of Credit shall be deemed for all purposes of this Agreement to be a Letter of Credit Agreement. On the date of execution of this Agreement, Issuing Lender shall be deemed automatically to have sold and transferred, and each other Lender shall be deemed automatically, irrevocably, and unconditionally to have purchased and received from Issuing Lender, without recourse or warranty, an undivided interest and participation (on the terms set forth herein), to the extent of such other Lender’s Percentage, in each Existing Letter of Credit and the applicable Letter of Credit Obligations with respect
thereto and any security therefor or guaranty pertaining thereto.  Letter of Credit Fees paid under the Prior Credit Agreement shall not be recalculated, redistributed or reallocated by Agent to 

59

Lenders; provided that Company shall pay to any new Lenders becoming parties hereto on the Restatement Date (or any existing Lender increasing its Percentage on such date) a special letter of credit fee on the Existing Letters of Credit, calculated on the basis of the Letter of Credit Fees which would be applicable to such Existing Letters of Credit if issued on the Restatement Date (but in the case of any existing Lender, computed only to the extent of the applicable increase in its Percentage) for the period from the Restatement Date to the expiration date of such Existing Letters of Credit.

          4.            MARGIN ADJUSTMENTS.

          4.1          Margin Adjustments.

          (a)          Adjustments to the Applicable Margin and the Applicable Fee Percentages, based on Schedule 4.1, shall be implemented on a quarterly basis as follows:  such adjustments shall be given prospective effect only, effective as to all Advances outstanding hereunder and as to each Applicable Fee Percentage, upon the date of delivery of the financial statements under Sections 7.3(b) and 7.3(c) hereunder, in each case establishing applicability of the appropriate adjustment, in each case with no retroactivity or claw-back.

          From the Restatement Date until the required date of delivery (or if earlier, delivery) of the financial statements under Section 7.3(b) and (c) hereof, and the related Covenant Compliance Report for the fiscal quarter ending March 31, 2007, the Applicable Margins and Applicable Fee Percentages shall be those set forth under the Level I column of the pricing matrix attached to this Agreement as Schedule 1.1.  Thereafter, the adjustments to the Applicable Margin and the Applicable Fee Percentages shall be as set forth above.

          Notwithstanding the foregoing, however, if, as a result of any restatement of or adjustment to the financial statements of Company and any of its Subsidiaries (relating to the current or any prior fiscal period) or for any other reason, Agent determines that the Applicable Margin and/or the Applicable Fee Percentages as calculated by Company as of any applicable date of determination were inaccurate in any respect and a proper calculation thereof would have resulted in different  pricing for any fiscal period, then (x) if the proper calculation thereof would have resulted in higher pricing for any such period, Company and/or the Permitted Borrowers, as the case may be, shall automatically and retroactively be obligated to pay to Agent, promptly upon demand by Agent or the Required Lenders, an amount equal to the excess of the amount of interest and fees that should have been paid for such period over
the amount of interest and fees actually paid for such period and, of the current fiscal period is affected thereby, the Applicable Margin and/or the Applicable Fee Percentages for the current period shall be adjusted based on such recalculation; and (y) if the proper calculation thereof would have resulted in lower pricing for such period, Agent and Lenders shall have no obligation to recalculate such interest or fees or to repay any interest or fees to Company or the Permitted Borrowers; provided, however, that if as a result of any such redetermination by Agent a proper calculation of the Applicable Margin and/or the Applicable Fee Percentages would have resulted in higher pricing for one or more periods and lower pricing for one or more periods, then the amount payable by Company and/or the Permitted Borrowers, as the case may be, pursuant to clause (x) of this sentence shall be based upon the excess, if any, of the amount of interest and fees that should have been paid for all applicable periods
over the amount of interest and fees actually paid for all such periods and the Applicable Margin and provided, further, if the current fiscal period is affected by such inaccuracy, the Applicable Fee Percentages shall be adjusted for the current period.

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          4.2          Margins.          In the event Company fails timely to deliver the financial statements required under Sections 7.3(b) or 7.3(c), then from the date delivery of such financial statements was required until such financial statements are delivered, the Applicable Margin and Applicable Fee Percentages shall be at the highest level on the Pricing Matrix attached to this Agreement as Schedule 4.1.

          5.          CONDITIONS.

          The obligations of Lenders to make Advances or to issue Letters of Credit, pursuant to this Agreement are subject to the following conditions, provided however that Sections 5.1 through 5.9 below shall only apply to the initial Advances or Letters of Credit hereunder:

          5.1        Execution of this Agreement and the other Loan Documents.     Each Borrower shall have executed and delivered to Agent for the account of each Lender, this Agreement (including all schedules, exhibits, certificates, opinions, financial statements and other documents to be delivered pursuant hereto) and the other Loan Documents, and this Agreement and the other Loan Documents shall be in full force and effect.

          5.2        Corporate Authority.     Agent shall have received a secretary’s certificate including evidence of incumbency for each Borrower and each Significant Subsidiary which is executing and delivering this Agreement or a Loan Document in connection with this Agreement, which secretary’s certificate shall include as exhibits thereto: (i) certified copies of resolutions of the Board of Directors of the applicable Person evidencing approval of the form of this Agreement and each of the other Loan Documents to which such Person is a party and authorizing the execution and delivery thereof and, if applicable, the borrowing of Advances and requesting of Letters of Credit hereunder; (ii) (A) certified copies of such the Person’s articles of incorporation and bylaws or other constitutional documents certified as true and
complete as of a recent date by the appropriate official of the jurisdiction of incorporation of each such entity (or, if unavailable in such jurisdiction, by a responsible officer of such entity); and (B) a certificate of good standing from the state or other jurisdictions of such Person’s incorporation, and from every state or other jurisdiction in which such Person is qualified to do business, if issued by such jurisdictions, subject to the limitations (as to qualification and authorization to do business) contained in Section 6.1, hereof.

          5.3        Collateral Documents and Guaranties.     Agent shall have received the following documents, fully executed by each Person party thereto and in form and substance reasonably acceptable to Agent:

	
  
 
  	
  
(a)          the   Domestic Guaranty; and
  
	
  
 
  	
  
 
  
	
  
 
  	
  
(b)          Pledge   Agreements pledging the Equity Interests of each of the Significant Domestic   Subsidiaries, together with any related certificates and/or blank stock   powers.
  

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          5.4        Representations and Warranties — All Parties.     The representations and warranties made by the Borrowers, each of the Significant Subsidiaries or any other party to any of the Loan Documents under this Agreement or any of the other Loan Documents (excluding Agent and Lenders), and the representations and warranties of any of the foregoing which are contained in any certificate, document or financial or other statement furnished at any time hereunder or thereunder or in connection herewith or therewith shall have been true and correct in all material respects when made and shall be true and correct in all material respects on and as of the date of the making of the initial Advance hereunder.

          5.5        Compliance with Certain Documents and Agreements.     The Borrowers and any of their respective Subsidiaries or Affiliates shall have each performed and complied with all agreements and conditions contained in this Agreement, the other Loan Documents, or any agreement or other document executed hereunder or thereunder and required to be performed or complied with by each of them (as of the applicable date) and none of such parties shall be in default in the performance or compliance with any of the terms or provisions hereof or thereof.

          5.6        Opinion of Counsel.     The Borrowers shall have caused to be delivered local opinions of counsel to each of Borrowers and their Subsidiaries party to any Loan Documents executed together with this Agreement, such opinions to be substantially in the form of the opinions of counsel previously delivered under the Prior Credit Agreement, with such changes as shall be acceptable to Agent.

          5.7        Certificates.     Agent shall have received the following certificates, each in form and substance reasonably acceptable to Agent:  (a) a closing certificate of an Authorized Officer of each Borrower dated the Restatement Date, (b) a solvency certificate for each of the Borrowers executed by such Borrower’s treasurer or chief financial officer and (c) casualty and liability insurance certificates for Company and each Significant Domestic Subsidiary.

          5.8        Payment of Agent’s and Other Fees.     The Borrowers shall have paid to Agent, for distribution to Lenders under the Prior Credit Agreement (based on the Percentages in effect under the Prior Credit Agreement) any Fees accrued and unpaid under the Prior Credit Agreement to the Restatement Date of this Agreement.  In addition, Company shall have paid to Agent (for Agent’s sole accounts), Agent’s Fees and all costs and expenses required hereunder, and any related Letter of Credit Fees as required under Section 3.11 hereof.

          5.9        Other Documents and Instruments.     Agent shall have received, with a photocopy for each Lender, such other instruments and documents as the Required Lenders may reasonably request in writing in connection with the making of Advances or the issuing of any Letters of Credit hereunder, and all such instruments and documents shall be satisfactory in form and substance to Agent and the Required Lenders.

          5.10      Continuing Conditions.     The obligations of Lenders to make any of the Advances or loans or of Agent to issue any Letters of Credit under this Agreement, including but not limited to the initial Advances of the Revolving Credit or the Swing Line hereunder, shall be subject to the following continuing conditions (in addition to any other conditions to the making of such Advances or issuance of such Letters of Credit set forth in this Agreement):

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(a)
  	
  
No Default   or Event of Default shall have occurred and be continuing as of the making of   the proposed Advance (both before and after giving effect thereto);
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
The   representations and warranties contained in this Agreement and the other Loan   Documents are true and correct in all material respects as of the making of   the applicable Advance (except to the extent such representation or warranty   relates to another date certain); and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
There shall   have been no material adverse change in the condition (financial or   otherwise), properties, business, results or operations of Company and its   Subsidiaries (taken as a whole) from December 31, 2006 (or any subsequent   December 31st, if Agent determines, with the concurrence of the Required   Lenders, based on Company’s financial statements for such subsequent fiscal   year that no material adverse change has occurred during such year, such   determination being made solely for purposes of determining the applicable   date under this paragraph) to the date of the proposed Advance hereunder.
  

          6.          REPRESENTATIONS AND WARRANTIES

          The Borrowers represent and warrant and such representations and warranties as applicable shall be deemed to be continuing representations and warranties during the entire life of this Agreement:

          6.1        Corporate Existence.     Company and each of the Significant Subsidiaries is duly organized and validly existing in good standing under the laws of the applicable jurisdiction of organization, charter or incorporation; Company and each of the Significant Subsidiaries is duly qualified and authorized to do business in each jurisdiction where the character of its assets or the nature of its activities makes such qualification necessary, except where such failure to qualify and be authorized to do business will not have a material adverse impact on Company and its Subsidiaries, taken as a whole.

          6.2        Due Authorization — Company.     Execution, delivery and performance of this Agreement, the other Loan Documents, and any other documents and instruments required under or in connection with this Agreement, and extensions of credit to Company are within its corporate or other organizational powers, have been duly authorized, are not in contravention of law or the terms of Company’s certificate of incorporation or bylaws or other organic documents, and, except as have been previously obtained or as referred to in Section 6.15, below, do not require the consent or approval, material to the transactions contemplated by this Agreement, or the Loan Documents, of any governmental body, agency or authority.

          6.3        Due Authorization — Significant Subsidiaries.     Execution, delivery and performance of this Agreement, the other Loan Documents, and any other documents and instruments required under or in connection with this Agreement by each of the Significant Subsidiaries, and extensions of credit to Permitted Borrowers, are (or will be, on the applicable date of delivery of such Loan Documents) within their respective corporate or other organizational powers, have been (or will be, as aforesaid) duly authorized, are not (or will not be, as aforesaid) in contravention of law or the terms of their articles of incorporation or bylaws

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or other organic documents of the parties thereto, as applicable, and, except as have been previously obtained (or as referred to in Section 6.15, below), do not (or will not, as aforesaid) require the consent or approval, material to the transactions contemplated by this Agreement, or the other Loan Documents, of any governmental body, agency or authority.

          6.4        Title to Material Property.     Each of Company and each of the Significant Subsidiaries has good and valid title to the property owned by it, which property (individually or in the aggregate) is material to the business or operations of Company and its Subsidiaries, taken as a whole, excluding imperfections in title not material to the ownership, use and/or enjoyment of any such property.

          6.5        Encumbrances.     There are no security interests in, Liens, mortgages or other encumbrances on and no financing statements on file with respect to any property of Company or any of the Subsidiaries, except for those Liens permitted under Section 8.5 hereof.

          6.6        Subsidiaries.     As of the Restatement Date, there are no directly or indirectly owned Subsidiaries of Company, except for those Subsidiaries identified in Schedule 6.6, attached hereto, which Schedule shall also set forth which Subsidiaries are Foreign Significant Subsidiaries and Domestic Significant Subsidiaries as of the Restatement Date, and as to such Foreign Significant Subsidiaries and Domestic Significant Subsidiaries: (a) the jurisdiction of their formation, (b) their issued and outstanding Equity Interests, (c) the holders of such Equity Interests, (d) any applicable tax identification or corporate identification number and (e) the address of such Significant Subsidiary’s chief executive office.

          6.7        Taxes.     Company and its Subsidiaries each has filed on or before their respective due dates, all federal, state and foreign tax returns which are required to be filed or has obtained extensions for filing such tax returns and is not delinquent in filing such returns in accordance with such extensions and has paid all taxes which have become due pursuant to those returns or pursuant to any assessments received by any such party, as the case may be, to the extent such taxes have become due, except (a) where the failure to file tax returns or pay taxes shall not have a material adverse effect on Company and its Subsidiaries taken as a whole, or (b) to the extent such tax payments are being actively contested in good faith by appropriate proceedings and with respect to which adequate provision has been made on the books of
Company or its Subsidiaries, as applicable, as may be required by GAAP.

          6.8        No Defaults.     There exists no default under the provisions of any instrument evidencing any permitted Debt of Company or its Subsidiaries or connected with the Liens permitted under Section 8.5 of this Agreement, or of any agreement relating thereto, except where such default would not have a material adverse effect on Company and its Subsidiaries taken as a whole and would not violate this Agreement or any of the other Loan Documents according to the terms thereof.

          6.9        Compliance with Laws.     (a)     Company and its Significant Subsidiaries each has complied with all applicable laws, including without limitation, Hazardous Material Laws, to the extent that failure to comply therewith would materially interfere with the conduct of the business of Company or any of its Subsidiaries taken as a whole, or would have a material adverse effect upon Company or any of its Subsidiaries taken as a whole, or upon any property

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(whether personal or real) owned by any of them and (b) neither the extension of credit made pursuant to this Agreement or the use of the proceeds thereof by Company or any of its Subsidiaries will violate the Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto, or The United and Strengthening America by providing appropriate Tools Required to Intercept and Obstruct Terrorism (“USA Patriot Act”) Act of 2001, Public Law 10756, October 26, 2001 or  Executive Order 13224 of September 23, 2001 issued by the President of the United States (66 Fed. Reg. 49049 (2001)).

          6.10      Enforceability of Agreement and Loan Documents.     (a)     This Agreement and each of the other Loan Documents to which Company is a party, including without limitation, all other certificates, agreements and documents executed and delivered by Company under or in connection herewith or therewith have each been duly executed and delivered by duly Authorized Officers of Company and constitute the valid and binding obligations of Company, enforceable in accordance with their respective terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity (whether enforcement is sought in a proceeding in equity or at law).

          (b)         This Agreement and each of the other Loan Documents to which any of the Subsidiaries is a party, and all certificates, documents and agreements executed in connection herewith or therewith by the Subsidiaries have each been duly executed and delivered by duly Authorized Officers of the applicable Subsidiary and constitute the valid and binding obligations of the Subsidiaries, enforceable in accordance with their respective terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity (whether enforcement is sought in a proceeding in equity or at law).

          6.11       Non-contravention — Company.     The execution, delivery and performance of this Agreement and the other Loan Documents and any other documents and instruments required under or in connection with this Agreement by Company are not in contravention of the terms of any indenture, material agreement or material undertaking to which Company is a party or by which it or its properties are bound or affected, except to the extent such terms have been waived or are not material to the transactions contemplated by this Agreement and the other Loan Documents or to the financial performance of Company and its Subsidiaries, taken as a whole.

          6.12       Non-contravention — Other Parties.     The execution, delivery and performance of this Agreement, those other Loan Documents signed by any of the Subsidiaries, and any other documents and instruments required under or in connection with this Agreement by any of the Subsidiaries are not in contravention of the terms of any indenture, material agreement or material undertaking to which any of the Subsidiaries is a party or by which it or its properties are bound or affected, except to the extent such terms have been waived or are not material to the transactions contemplated by this Agreement and the other Loan Documents or to the financial performance of Company and its Subsidiaries, taken as a whole.

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          6.13       No Litigation — Company.     There is no suit, action, proceeding, including, without limitation, any bankruptcy proceeding, or governmental investigation pending against or, to the best knowledge of Company, threatened or otherwise affecting Company (other than any suit, action or proceeding in which Company is the plaintiff and in which no counterclaim or cross-claim against Company has been filed), nor has Company or any of its officers or directors been subject to any suit, action, proceeding or governmental investigation as a result of which any such officer or director is or may be entitled to indemnification by Company, except as otherwise disclosed in Schedule 6.13 attached hereto and except for miscellaneous suits, actions and proceedings which (i) do not have a reasonable likelihood of being adversely determined
or (ii) have a reasonable likelihood of being adversely determined but, if resolved adversely to Company would not in the aggregate have a material adverse effect on Company and its Subsidiaries, taken as a whole. Except as so disclosed, there is not outstanding against Company any judgment, decree, injunction, rule, or order of any court, government, department, commission, agency, instrumentality or arbitrator, nor, to the best knowledge of Company, is Company in violation of any applicable law, regulation, ordinance, order, injunction, decree or requirement of any governmental body or court where such judgment, decree, injunction, rule, order or violation would have a material adverse effect on Company and its Subsidiaries, taken as a whole.

          6.14       No Litigation — Other Parties.     There is no suit, action, proceeding (other than any suit, action or proceeding in which any such party is the plaintiff and in which no counterclaim or cross-claim against any such party has been filed), including, without limitation, any bankruptcy proceeding, or governmental investigation pending against or, to the best knowledge of Company, threatened or otherwise affecting any of the Subsidiaries nor has any such party or any of its officers or directors been subject to any suit, action, proceeding or governmental investigation as a result of which any such officer or director is or may be entitled to indemnification by such party, except as otherwise disclosed in Schedule 6.14 attached hereto and except for miscellaneous suits, actions and proceedings which (i) do not have a
reasonable likelihood of being adversely determined, or (ii) have a reasonable likelihood of being adversely determined but, if resolved adversely to such party, would not in the aggregate have a material adverse effect on Company and its Subsidiaries, taken as a whole. Except as so disclosed, there is not outstanding against any such party any judgment, decree, injunction, rule, or order of any court, government, department, commission, agency, instrumentality or arbitrator nor, to the best knowledge of Company, is any such party in violation of any applicable law, regulation, ordinance, order, injunction, decree or requirement of any governmental body or court where such judgment, decree, injunction, rule or order or violation would have a material adverse effect on Company and its Subsidiaries, taken as a whole.

          6.15       Consents, Approvals and Filings, Etc.     Except as have been previously obtained, no authorization, consent, approval, license, qualification or formal exemption from, nor any filing, declaration or registration with, any court, governmental agency or regulatory authority or any securities exchange or any other person or party (whether or not governmental) is required in connection with the execution, delivery and performance: (i) by Company, of this Agreement, any of the other Loan Documents to which it is a party, or any other documents or instruments to be executed and/or delivered by Company in connection therewith or herewith; (ii) by each of the Subsidiaries, of this Agreement, the other Loan Documents to which it is a party or any other documents or instruments to be executed and/or delivered by the Subsidiaries in
connection 

66

therewith or herewith; and (iii) by Company or any of its Subsidiaries, of the Liens, pledges, mortgages, security interests or other encumbrances granted, conveyed or otherwise established (or to be granted, conveyed or otherwise established) by or under this Agreement or other Loan Documents, except for such filings to be made concurrently herewith as are required by the Collateral Documents to perfect Liens in favor of Agent and Lenders.  All such authorizations, consents, approvals, licenses, qualifications, exemptions, filings, declarations and registrations which have previously been obtained or made, as the case may be, are in full force and effect and are not the subject of any attack, or to the knowledge of Company, threatened attack (in any material respect) by appeal or direct proceeding or otherwise.

          6.16       Agreements Affecting Financial Condition.          Neither Company, nor any of its Subsidiaries is, as of the Restatement Date, party to any agreement or instrument or subject to any charter or other corporate restriction which materially adversely affects the financial condition or operations of Company and its Subsidiaries, taken as a whole.

          6.17       No Investment Company; No Margin Stock.          Neither Company, nor any of its Subsidiaries is engaged principally, or as one of its important activities, directly or indirectly, in the business of extending credit for the purpose of purchasing or carrying margin stock.  None of the Letters of Credit and none of the proceeds of any of the Advances will be used by Company or any of the Subsidiaries to purchase or carry margin stock or will be made available by Company or any of the Subsidiaries in any manner to any other Person to enable or assist such Person in purchasing or carrying margin stock. Terms for which meanings are provided in Regulation U of the Board of Governors of the Federal Reserve System or any regulations substituted therefor, as from time to time in effect, are used in this
paragraph with such meanings. Neither Company, nor any of its Subsidiaries is an “investment company” within the meaning of the Investment Company Act of 1940, as amended.

          6.18       ERISA.          Neither a Reportable Event which is material to Company and its Subsidiaries, taken as a whole, nor an Accumulated Funding Deficiency (herein as defined in Section 412 of the Internal Revenue Code or Section 302 of ERISA) has occurred during the five-year period prior to the date on which this representation is made or deemed made with respect to any Pension Plan.  Each Pension Plan has complied in all material respects with the applicable provisions of ERISA and the Internal Revenue Code and any applicable regulations thereof (and, if applicable, any comparable foreign law provisions), except to the extent that any noncompliance, individually or in the aggregate, would not have a material adverse effect upon Company and its Subsidiaries, taken as a whole.  No termination of a
Pension Plan has occurred, and no Lien in favor of the PBGC or a Pension Plan has arisen, during such five-year period. Neither Company nor any ERISA Affiliate has had a complete or partial withdrawal from any Multiemployer Plan within the five year period prior to the date of this Agreement, nor does Company or any ERISA Affiliate presently intend to completely or partially withdraw from any Multiemployer Plan. To the best of Company’s knowledge, no such Multiemployer Plan is in bankruptcy or reorganization or insolvent.  There is no pending or, to the best of Company’s knowledge, threatened litigation or investigation questioning the form or operation of any Pension Plan, nor, to the best of Company’s knowledge, is there any basis for any such litigation or investigation which if adversely determined could have a material adverse effect upon Company and its Subsidiaries, taken as a whole, as of the valuation date most closely preceding the date of this Agreement.

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          6.19       Environmental Matters and Safety Matters.          Except as set forth on Schedule 6.19:  (a)  Company and each Subsidiary is in compliance with all federal, state, provincial and local laws, ordinances and regulations relating to safety and industrial hygiene or the environment, including without limitation all applicable Hazardous Materials Laws in jurisdictions in which Company or any such Subsidiary owns or operates, a facility or site, or arranges for disposal or treatment of Hazardous Materials, solid waste, or other wastes, accepts for transport any Hazardous Materials, solid wastes or other wastes or holds any interest in real property or otherwise, except for matters which, individually or in the aggregate, would not have a material adverse effect upon the financial condition or
business of Company and its Subsidiaries, taken as a whole.

	
  
 
  	
  
(b)
  	
  
All federal,   state, provincial, local and foreign permits, licenses and authorizations   required for present or (to the best of Company’s knowledge) past use of the   facilities and other properties or activities of Company and each Subsidiary   have been obtained, are presently in effect, and there is and has been full   compliance with all such permits, licenses or authorizations, except, in all   cases, where the failure to comply with the foregoing would not have a   material adverse effect on Company and its Subsidiaries taken as a whole.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
No written   demand, claim, notice, suit (in law or equity), action, administrative   action, investigation or inquiry (including, without limitation, the listing   of any property by any domestic or foreign governmental entity which   identifies sites for remedial, clean-up or investigatory action) whether   brought by any governmental authority, private person or entity or otherwise,   arising under, relating to or in connection with any applicable Hazardous   Materials Laws is pending or, to the best of Company’s knowledge, threatened   against Company or any of its Subsidiaries in connection with any real   property in which Company or any such Subsidiary holds or, to the best of   Company’s knowledge, has held an interest or any present or, to the best of   Company’s knowledge, past operation of Company or any such Subsidiary, except   for such matters which, individually or in the aggregate, would not have a   material adverse effect on the
financial condition or business of Company and   its Subsidiaries, taken as a whole.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Neither   Company nor any of its Subsidiaries whether with respect to present or, to   the best of Company’s knowledge, past operations or properties, (i) is, to   the best of Company’s knowledge, the subject of any federal or state   investigation evaluating whether any remedial action is needed to respond to   a release of any Hazardous Materials into the environment, (ii) has received   any written notice of any Hazardous Materials in, or upon any of its   properties in violation of any applicable Hazardous Materials Laws, or (iii)   knows of any basis for any such investigation or notice under, or the   existence of a violation of, Hazardous Materials Laws except for such matters   which, individually or in the aggregate, could not reasonably be expected to   have a material adverse effect on the financial condition or business of   Company and its Subsidiaries, taken as a whole.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
To the best   knowledge of Company or any of its Subsidiaries, no release, threatened   release or disposal of Hazardous Materials, solid waste or other wastes is   occurring or has occurred on, under or to any real property in which Company   or any of its Subsidiaries holds any interest or performs any of its   operations, in violation of any applicable Hazardous Materials Laws, except   for any such matters which, individually or in the aggregate, could not   reasonably be expected to have a material adverse effect on the financial   condition or business of Company and its Subsidiaries, taken as a whole.
  

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          6.20       Accuracy of Information.          Each of Company’s audited or unaudited financial statements furnished to Agent and Lenders by Company prior to the date of this Agreement, is complete and correct in all material respects and fairly presents the financial condition of Company and its Subsidiaries, taken as a whole, and the results of their operations for the periods covered thereby; any projections of operations for future years previously furnished by Company to Agent or Lenders have been prepared as Company’s good faith estimate of such future operations, taking into account all relevant facts and matters known to Company; since December 31, 2006 there has been no material adverse change in the financial condition of Company or its Subsidiaries, taken as a whole; neither Company, nor any of
its Subsidiaries has any contingent obligations (including any liability for taxes) not disclosed by or reserved against in the December 31, 2006 balance sheet which is likely to have a material adverse effect on Company and its Subsidiaries, taken as a whole.

          7.          AFFIRMATIVE COVENANTS

          Each of the Borrowers covenants and agrees that it will, and, as applicable, it will cause its Subsidiaries (excluding any Special Purpose Subsidiaries) to, so long as any of Lenders are committed to make any Advances or issue any Letters of Credit under this Agreement and thereafter so long as any Indebtedness remains outstanding under this Agreement:

          7.1         Preservation of Existence, Etc.

          Except as otherwise specifically permitted hereunder, preserve and maintain its corporate existence and such of its rights, licenses, and privileges as are material to the business and operations conducted by it; and qualify and remain qualified to do business in each jurisdiction in which such qualification is material to the business and operations or ownership of properties, in each case of Company and its Subsidiaries, taken as a whole.

          7.2         Keeping of Books.          Keep proper books of record and account in which full and correct entries shall be made of all of its financial transactions and its assets and businesses so as to permit the presentation of the Consolidated financial statements of Company prepared in accordance with GAAP.

          7.3         Reporting Requirements.          Furnish Agent with copies for each Lender:

	
   
  	
  
(a)
  	
  
as soon as   possible, and in any event within five (5) calendar days after becoming aware   of the occurrence of each Default or Event of Default, a written statement of   the chief financial officer of Company (or in his/her absence, another   Authorized Officer of Company) setting forth details of such Event of Default   or event and the action which Company has taken or has caused to be taken or   proposes to take or cause to be taken with respect thereto;
  

69

	
  
 
  	
  
(b)
  	
  
as soon as   available, and in any event within one hundred twenty (120) days after and as   of the end of each of Company’s fiscal years, a detailed Consolidated audit   report of Company certified by independent certified public accountants   satisfactory to Lenders together with an unaudited Consolidating report of   Company and its Subsidiaries certified by the chief financial officer of   Company (or in his/her absence, another Authorized Officer of Company) as to   consistency (with prior financial reports and accounting periods), accuracy   and fairness of presentation, and a Covenant Compliance Report;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(c)
  	
  
as soon as   available, and in any event within sixty (60) days after and as of the end of   each of the first three quarters of each year, a Consolidated and   Consolidating balance sheet and a statement of profit and loss and surplus   reconciliation of Company and its Subsidiaries certified by the chief   financial officer of Company (or in his/her absence, another Authorized   Officer of Company) as to consistency (with prior financial reports and accounting   periods), accuracy and fairness of presentation, and a Covenant Compliance   Report.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
as soon as   possible, and in any event within five (5) calendar days after becoming aware   (i) of any material adverse change in the financial condition of Company, any   of its Significant Subsidiaries or any of the Permitted Borrowers, a   certificate of the chief financial officer of Company (or in his/her absence,   another Authorized Officer of Company) setting forth the details of such   change or (ii) of the taking by the Internal Revenue Service or any foreign   taxing jurisdiction of a tax position (verbal or written) which could   reasonably be expected to have a material adverse effect upon Company or any   of its Significant Subsidiaries (or any such tax position taken by Company or   any of its Subsidiaries) setting forth the details of such position and the   financial impact thereof;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(e)
  	
  
(i)          as   soon as available, Company’s 8-K, 10-Q and 10-K Reports filed with the   federal Securities and Exchange Commission (or notification that the same   have been filed, and are generally available, on EDGAR), and in any event,   with respect to the 10-Q Report, within sixty (60) days of the end of each of   Company’s fiscal quarters, and with respect to the 10-K Report, within one   hundred twenty (120) days after the end of each of Company’s fiscal years;   and (ii) as soon as available, copies of all filings, reports or other   documents filed by Company or any of its Subsidiaries with the federal   Securities and Exchange Commission or, as Agent may reasonably request, other   federal regulatory or taxing agencies or authorities in the United States, or   comparable agencies or authorities in any jurisdiction in which Company or   any of its Subsidiaries does business, or any stock
exchanges in such   jurisdictions;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
promptly as   issued, all press releases, notices to shareholders and all other material   communications transmitted by Company or any of its Subsidiaries to Company’s   stockholders generally, and promptly following a Permitted Securitization,   copies of the principal transaction documents relating to such Permitted   Securitization;
  

70

	
  
 
  	
  
(g)
  	
  
together   with the financial statements delivered pursuant to Section 7.3(b) hereof,   annual financial projections for Company and its Significant Subsidiaries   covering the period at least through Revolving Credit Maturity Date then in   effect and otherwise in form and content reasonably acceptable to Agent and   Lenders;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(h)
  	
  
intentionally   omitted;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(i)
  	
  
promptly,   and in form reasonably satisfactory to Agent and the requesting Lender or   Lenders, such other information as Agent or any of Lenders (acting through   Agent) may request from time to time.
  

          7.4         Tangible Net Worth.          Maintain, on a Consolidated basis, as of the last day of each fiscal quarter, beginning with the fiscal quarter ending December 31, 2006, Tangible Net Worth in an amount not less than One Billion Dollars ($1,000,000,000), plus the sum of the Net Income Adjustment and the Equity Offering Adjustment.

          7.5         Leverage Ratio.          Maintain, as of the last day of each fiscal quarter, a Leverage Ratio of not more than 3.50 to 1.00.

          7.6         Fixed Charge Coverage Ratio.          Maintain, as of the last day of each fiscal quarter, a Fixed Charge Coverage Ratio of not less than 2.50 to 1.00.

          7.6A      Senior Debt Ratio.  Maintain, as of the last day of each fiscal quarter ending during the periods specified below, for the four fiscal quarters then ending, a ratio of Senior Debt to Consolidated EBITDA of not more than 2.00 to 1.00.

          7.7         Inspections.          Permit Agent and each Lender, through their authorized attorneys, accountants and representatives to examine Company’s and each of the Subsidiaries’ books, accounts, records, ledgers and assets and properties of every kind and description wherever located at all reasonable times during normal business hours, upon oral or written request of Agent; and permit Agent and each Lender or their authorized representatives, at reasonable times and intervals, to visit all of its offices, discuss its financial matters with its officers and independent certified public accountants, and by this provision Company authorizes such accountants to discuss the finances and affairs of Company and its Subsidiaries (provided that Company is given an opportunity to participate in such

discussions) and examine any of its or their books and other corporate records. An examination of the records or properties of Company or any of its Subsidiaries may require revealment of proprietary and/or confidential data and information, and Agent and each of Lenders agrees upon request of the inspected party to execute a confidentiality agreement (reasonably satisfactory to Agent or the inspecting Lender, as the case may be, and such party) on behalf of Agent or such inspecting Lender and all parties making such inspections or examinations under its authorization; provided however that such confidentiality agreement shall not prohibit Agent from revealing such information to Lenders or prohibit the inspecting Lender from revealing such information to Agent or another Lender, in each case, so long as the Agent and/or Lender receiving such information has, at the request of the inspected party, executed a confidentiality agreement as described above. 

          7.8         Taxes.          Pay and discharge all taxes and other governmental charges, and all material contractual obligations calling for the payment of money, before the same shall become 

71

overdue, unless and to the extent only that such payment is being contested in good faith by appropriate proceedings and is adequately reserved for, as may be required by GAAP on its books, or where the failure to pay any such matter would not have a material adverse effect on Company and its Subsidiaries, taken as a whole.

          7.9         Further Assurances.          Execute and deliver or cause to be executed and delivered within a reasonable time following Agent’s request, and at Company’s expense, such other documents or instruments as Agent may reasonably require to effectuate more fully the purposes of this Agreement or the other Loan Documents.

          7.10       Insurance.          Maintain insurance coverage on its physical assets and against other business risks in such amounts and of such types as are customarily carried by companies similar in size and nature, and in the event of acquisition of additional property, real or personal, or of occurrence of additional risks of any nature, increase such insurance coverage in such manner and to such extent as prudent business judgment and then current practice would dictate.  Upon the request of Agent or any Lender, certificates evidencing such policies shall be delivered to Agent or such Lender, as the case may be.

          7.11       Indemnification.          With respect to the Company and the Domestic Permitted Borrowers, indemnify and save each Agent and Lenders harmless from all reasonable loss, cost, damage, liability or expenses, including reasonable attorneys’ fees and disbursements, incurred by Agent and Lenders by reason of an Event of Default or enforcing the obligations of the Borrowers under this Agreement, or the Borrowers or any of their Subsidiaries under the other Loan Documents, or in the prosecution or defense of any action or proceeding concerning any matter growing out of or connected with this Agreement, or any of the other Loan Documents or any mortgage, stock pledge or security agreement released by Agent or Lenders from time to time hereunder, or relating in any way to the imposition (or attempted
imposition) on Agent or Lenders (or any of them) of any liability for the violation of or non-compliance (or purported violation or non-compliance) with Hazardous Material Laws, other than in any case resulting from the gross negligence or willful misconduct of Agent or Lenders; and, with respect to each of the Foreign Permitted Borrowers, indemnify and save each Agent and Lenders harmless from all reasonable loss, cost, damage, liability or expenses, including reasonable attorneys’ fees and disbursements, incurred by Agent and Lenders with respect to a Foreign Permitted Borrower by reason of an Event of Default or enforcing the obligations of the Foreign Permitted Borrowers under this Agreement, or the other Loan Documents or in the prosecution or defense of any action or proceeding concerning any matter growing out of or connected with this Agreement, or any of the other Loan Documents or any mortgage, stock pledge or security agreement released by Agent or Lenders from time to time hereunder,
or relating in any way to the imposition (or attempted imposition) on Agent or Lenders (or any of them) of any liability for the violation of or non-compliance (or purported violation or non-compliance) with Hazardous Material Laws, other than in any case resulting from the gross negligence or willful misconduct of Agent or Lenders.

          7.12       Governmental and Other Approvals.          Apply for, obtain and/or maintain in effect, as applicable, all material authorizations, consents, approvals, licenses, qualifications, exemptions, filings, declarations and registrations (whether with any court, governmental agency, regulatory authority, securities exchange or otherwise) which are necessary in 

72

connection with the execution, delivery and performance by each of Company and its Subsidiaries of this Agreement, the other Loan Documents or any other documents or instruments to be executed and/or delivered to which such Persons are party.

          7.13       Compliance with Contractual Obligations and Laws.          Comply in all material respects with all Contractual Obligations, and with all applicable laws, rules, regulations and orders of any governmental authority, whether federal, state, local or foreign (including without limitation Hazardous Materials Laws), in effect from time to time, except to the extent that failure to comply therewith could not reasonably be expected to have, individually or in the aggregate, a material adverse effect on the business, operations, property or financial or other condition of the Borrowers and their respective Subsidiaries, taken as a whole, and could not reasonably be expected to materially adversely affect the ability of Company or any of the Significant Subsidiaries to perform their respective obligations under
any of the Loan Documents to which they are a party.

          7.14       ERISA.          Comply in all material respects with all requirements imposed by ERISA as presently in effect or hereafter promulgated or the Internal Revenue Code (or comparable laws in applicable jurisdictions outside the United States of America relating to foreign pension plans) and promptly notify Lenders upon the occurrence of any of the following events:

	
  
 
  	
  
(a)
  	
  
the   termination of any Pension Plan pursuant to Subtitle C of Title IV of ERISA   or otherwise (other than any defined contribution plan not subject to Section   412 of the Code and any Multiemployer Plan) which could reasonably be   expected to have a material adverse effect upon the Company and its   Subsidiaries, taken as a whole;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
the   appointment of a trustee by a United States District Court to administer any   Pension Plan pursuant to ERISA;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
the   commencement by the PBGC, or any successor thereto, of any proceeding to   terminate any Pension Plan;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
the failure   of Company or any ERISA Affiliate to make any payment in respect of any   Pension Plan required under Section 412 of the Internal Revenue Code;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
the   withdrawal of Company or any ERISA Affiliate from any Multiemployer Plan   which could reasonably be expected to have a material adverse effect upon   Company and its Subsidiaries, taken as a whole;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
the occurrence   of an Accumulated Funding Deficiency or a Reportable Event; or
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(g)
  	
  
the   occurrence of a Prohibited Transaction which could reasonably be expected to   have a material adverse effect upon Company and its Subsidiaries, taken as a   whole.
  

          7.15       Environmental Matters.

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(a)
  	
  
(i) Not   permit any of its property (whether real or personal, or any portion thereof)   to be involved in the use, generation, manufacture, storage, disposal or   transportation of Hazardous Material, except in compliance with Hazardous   Material Laws, and (ii) keep and maintain all of its other property (whether   real or personal, and any portion thereof) in compliance with, and shall not   cause or permit any activity at or condition of the Collateral, or any of its   other property (whether real or personal, or any portion thereof) to be in   violation of any Hazardous Material Laws, unless the failure to comply   therewith or violation thereof could not reasonably be expected to have a   material adverse effect on Company and its Subsidiaries, taken as a whole.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
Promptly   notify Agent in writing of: (i) any and all enforcement, cleanup, removal or   other governmental or regulatory actions instituted or completed pursuant to   any applicable Hazardous Material Laws which could reasonably be expected to   have a material adverse effect on Company and its Subsidiaries, taken as a   whole; (ii) any and all claims made by any Person against Company, any of its   Subsidiaries, or the Permitted Borrowers, or any of its other property   (whether real or personal, or any portion thereof) relating to damage,   contribution, cost recovery, compensation, loss or injury resulting from any   Hazardous Material which could reasonably be expected to have a material   adverse effect on Company and its Subsidiaries, taken as a whole; and (iii)   Company’s or any of its Subsidiaries’ discovery of any occurrence or   condition on any real property or fixtures constituting a part of, adjoining   or in the vicinity of any of
Company’s or its Subsidiaries’ property that   could cause any such property (or any part thereof) to be subject to any   material restrictions on the ownership, occupancy, transferability or use   thereof under any Hazardous Material Laws, which restrictions could   reasonably be expected to have a material adverse effect on Company and its   Subsidiaries, taken as a whole. Agent, on behalf of Lenders, shall have the   right to join and participate in, as a party if it or they so elect, any   legal proceedings or actions initiated in connection with any of the matters   described in subparagraphs (b) (i) or (b) (ii), above, and Company agrees to   pay Agent’s reasonable attorneys fees in connection therewith.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Take any   remedial action as may be required under applicable law in response to the   presence of any Hazardous Material on, under, or about any of its property   (whether real or personal, or any part thereof), if the failure to take such   action could reasonably be expected to have a material adverse effect upon   the Company and its Significant Subsidiaries, taken as a whole, and, pursuant   thereto, may enter into settlement agreements, consent decrees, or other   compromises in respect of any of the matters described in subparagraphs (b)   (i) through (iii), above, provided that, in each case, Company has given   Lenders not less than thirty (30) days prior written notice of the remedial   action required by this clause (c), except, however, in the event remedial   action is necessary on an emergency basis or is required by any governmental   authority with jurisdiction over Company or its Subsidiaries, in which case   Company shall provide Lenders with
reasonable notice promptly thereafter.
  

74

	
  
 
  	
  
(d)
  	
  
Agent may   retain (on its own behalf and on behalf of Lenders, but at Company’s sole   expense) such Environmental Auditors as reasonably necessary to evaluate   and/or confirm Company’s environmental responses, reports or other matters,   including Company’s compliance with Hazardous Material Laws generally, under   this Section 7.15, or elsewhere herein.
  

          7.16       Significant Subsidiaries.

          (a)          Equity Interests.

	
  
 
  	
  
             (i)          With   respect to the Equity Interests of each Significant Foreign Subsidiary listed   on Schedule 7.16(a)(i) hereto which remains a Significant Foreign Subsidiary   on the applicable execution date thereof, within 270 days of the Restatement   Date (or such longer time period as Agent may consent to), execute and   deliver or cause to be executed, and delivered to Agent a Pledge Agreement   encumbering such Equity Interests with a first priority Lien over (i)   approximately 65% of the Equity Interests of each such Significant Foreign   Subsidiary, but only with respect to, and only to the extent of, Equity   Interests directly owned by Company and/or one or more of the Domestic   Subsidiaries, to secure the Indebtedness of Company and the Domestic   Permitted Borrowers; and (ii) 100% of the Equity Interests of such
Significant Foreign
Subsidiary to the extent owned directly or indirectly by   Company solely to secure the Indebtedness of the Foreign Permitted Borrowers;
  
	
   
  	
  
 
  
	
  
 
  	
  
             (ii)          With   respect to the Equity Interests of each Person which is a Significant Foreign   Subsidiary on the Restatement Date, which has previously executed and   delivered a Pledge Agreement and which remains a Significant Foreign   Subsidiary on the applicable execution date thereof, within 270 days of the   Restatement Date (or such longer time period as Agent may consent to) execute   and deliver or cause to be executed and delivered to Agent such   reaffirmations, amendments and/or amendments and restatements which may be   reasonably necessary to ensure the continuing validity and enforceability of   such Pledge Agreement; provided that to the extent such Pledge Agreements   secure the Indebtedness of the Company and its Domestic Subsidiaries, the   related Lien established by such Pledge Agreements shall be limited to 65%
of   the Equity
Interests of each such Significant Foreign Subsidiary that is   owned directly by the Company and/or one or more of the Domestic Subsidiries;
  
	
  
 
  	
  
 
  
	
  
 
  	
  
             (iii)          With   respect to the Equity Interests of each Person (a) which becomes a   Significant Foreign Subsidiary subsequent to the Restatement Date, within 270   days (or such longer period of time as Agent may consent to) of the date such   Person becomes a Significant Foreign Subsidiary or (b) over which a pledge   for the benefit of Lenders was granted, and then released in order to   effectuate any reorganization, merger or transfer of Equity Interests otherwise   permitted under this Agreement, within 270 days (or such longer period of   time as Agent may consent to) of the date of the release of such pledge, and   provided that each such Significant Foreign Subsidiary remains a Significant   Foreign Subsidiary on the applicable execution date, in each case, Company   shall execute and deliver, or cause to be executed and
delivered to Agent a
  Pledge Agreement encumbering with a first priority Lien: (i) approximately   65% of the Equity Interests of each such 
  

75

	
  
 
  	
  
Significant   Foreign Subsidiary, but only with respect to, and only to the extent of,   Equity Interests that are directly owned by Company and/or one or more   Domestic Subsidiaries, to secure the Indebtedness of Company and the Domestic   Permitted Borrowers; and (ii) 100% of the Equity Interests of each such   Significant Foreign Subsidiary to the extent owned, directly or indirectly,   by Company to secure the Indebtedness of the Foreign Permitted Borrowers   hereunder; and
  
	
  
 
  	
  
 
  
	
  
 
  	
  
             (iv)          With   respect to the Equity Interests of each Person which becomes a Significant   Domestic Subsidiary subsequent to the Restatement Date, within thirty days of   the date such Person becomes a Significant Domestic Subsidiary, and provided   that each such Significant Domestic Subsidiary so listed remains a   Significant Domestic Subsidiary on the applicable execution date, Company   shall execute and deliver, or cause to be executed and delivered to Agent a   Pledge Agreement (or an amendment to an existing Pledge Agreement)   encumbering with a first priority Lien 100% of the Equity Interests of such   Significant Domestic Subsidiary to the extent owned, directly or indirectly,   by Company to secure the Indebtedness of the Borrowers.
  

          (b)         Guaranties.

	
  
 
  	
  
             (i)          With   respect to each Significant Foreign Subsidiary listed on Schedule 7.16(b)(ii)   hereto, within 270 days of the Restatement Date (or such longer time period   as Agent may consent to), and provided that each such Significant Foreign Subsidiary   so listed remains a Significant Foreign Subsidiary on the applicable   execution date, execute and deliver or cause to be executed, and delivered to   Agent a Joinder Agreement to the Foreign Guaranty whereby such Significant   Foreign Subsidiary becomes obligated as a Guarantor under the Foreign   Guaranty;
  
	
  
 
  	
  
 
  
	
  
 
  	
  
             (ii)          With   respect to each Significant Foreign Subsidiary on the Restatement Date which   has previously executed and delivered a Joinder Agreement to the Foreign   Guaranty, within 270 days of the Restatement Date (or such longer time period   as Agent may consent to), and provided that each such Significant Foreign   Subsidiary remains a Significant Foreign Subsidiary on the applicable   execution date, execute and deliver or cause to be executed and delivered to   Agent such reaffirmations, amendments and/or amendments and restatements   which may be reasonably necessary to ensure the continuing validity and   enforceability of such Joinder Agreement and the Foreign Guaranty;
  
	
  
 
  	
  
 
  
	
   
  	
  
             (iii)          With   respect to each Person (a) which becomes a Significant Foreign Subsidiary   subsequent to the Restatement Date, within 270 days (or such longer period of   time as Agent may consent to) of the date such Person becomes a Significant   Foreign Subsidiary or (b) which has executed and delivered the Foreign   Guaranty (or any other Guaranty of the Indebtedness), where its obligations   under the Foreign Guaranty have been released in order to effectuate any   reorganization, merger or transfer of Equity Interests otherwise permitted   under this Agreement, within 270 days (or such longer period of time as Agent   may consent to) of the date of the release of its obligations, in each case,   Company shall cause such Significant Foreign Subsidiary to execute and deliver   to Agent a Joinder Agreement whereby such
Significant Foreign
Subsidiary 
  

76

	
  
 
  	
  
becomes   obligated as a Guarantor under the Foreign Guaranty provided that each such   Significant Foreign Subsidiary remains a Significant Foreign Subsidiary on   the applicable execution date;
  
	
  
 
  	
  
 
  
	
  
 
  	
  
             (iv)          With   respect to each Person which becomes a Significant Domestic Subsidiary   subsequent to the Restatement Date, within thirty days of the date such   Person becomes a Significant Domestic Subsidiary, cause such new Significant   Domestic Subsidiary to execute and deliver to Agent a Joinder Agreement   whereby such Significant Domestic Subsidiary becomes obligated as a Guarantor   under the Domestic Guaranty and provided that each such Significant Domestic   Subsidiary remains a Significant Domestic Subsidiary on the applicable   execution date; and
  
	
   
  	
  
 
  
	
  
 
  	
  
             (v)          With   respect to the Significant Foreign Subsidiaries listed on Schedule   7.16(b)(v), Lenders hereby waive any obligation of Company otherwise set   forth in this Agreement to execute and deliver, or cause to be executed and   delivered to Agent any Guaranty.
  

          All Loan Documents delivered pursuant to this Section shall be in form satisfactory to Agent and the Required Lenders, in their reasonable discretion, together with such supporting documentation, including without limitation financing statements, acknowledgments, stock powers, registrations and like documents, corporate authority items, certificates and opinions of counsel, as reasonably required by Agent and the Required Lenders and Company shall take, or cause to be taken, such steps as are necessary or advisable under applicable law to perfect the Liens granted under clause (a).

          Execution and delivery of Pledge Agreements, Guaranties and Joinder Agreements  specified by this Section 7.16 shall only be required to the extent such Liens, Guaranties and Joinder Agreements are enforceable under applicable local law, as determined in Agent’s reasonable discretion.  If execution and delivery of any of the Pledge Agreements, Guaranties and Joinder Agreements specified by this Section 7.16 cannot, in Agent’s determination,  be obtained with the exercise of commercially reasonable efforts by Company and any applicable Subsidiary, Agent may, in its sole discretion, waive delivery of such Pledge Agreements, Guaranties and Joinder Agreements.

          7.17       Security and Defense of Collateral.          Except to the extent that Liens for the benefit of Agent and Lenders are not required on certain Collateral under the terms of Section 13.21 hereof, take such actions as Agent or the Required Lenders may from time to time reasonably request to establish and maintain first perfected security interests in and Liens on all of its Collateral in favor of Agent on behalf of Lenders, subject only to Liens permitted under Section 8.5 hereof; and defend the Collateral from any Liens other than Liens permitted by Section 8.5.

          7.18       Vishay Israel.          Within forty-five (45) days following the end of each fiscal year ending after the Effective Date, cause Vishay Israel to request from Israel’s Comptroller of Foreign Exchange authorization to increase the limit on the Pledge Agreement executed and delivered by Vishay Israel encumbering the shares of Vishay Europe, to the extent of any increases after the Effective Date in the amount of Vishay Israel’s investment in Vishay Europe and as soon as reasonably practicable following receipt of such approval, execute and deliver an

77

amendment in form satisfactory to Agent and the Required Lenders, in their reasonable discretion, together with such supporting documentation, including without limitation corporate authority items, certificates and opinions of counsel, as reasonably required by Agent and the Required Lenders and Company shall take, or cause to be taken, such steps as are necessary or advisable under applicable law to perfect the Liens granted under such Pledge Agreement as amended thereby. 

          7.19       Use of Proceeds.          Use the Advances of the Revolving Credit made to any Borrower solely for general corporate purposes, including without limitation working capital, acquisitions, prepayment or repayment of the New Convertible Subordinated Debt and/or the BCc Refinancing, including any interest, fees or expenses related thereto (or any refinancing of such Debt otherwise permitted under this Agreement).  None of the proceeds of the Advances made under this Agreement will be used in violation of any applicable law or regulation including, without limitation, Regulations T, U and X of the Board of Governors of the Federal Reserve System.

          8.          NEGATIVE COVENANTS

          Each of the Borrowers covenant and agree that, so long as any of Lenders are committed to make any Advances or issue any Letters of Credit under this Agreement and thereafter so long as any Indebtedness remains outstanding, it will not, and it will not allow its Subsidiaries to:

          8.1         Capital Structure, Business Objects or Purpose.          Except as otherwise specifically permitted under this Agreement,

	
  
 
  	
  
(a)
  	
  
purchase,   acquire or redeem any of its Equity Interests (whether in connection with the   conversion of any Debt to Equity Interests or otherwise), except for (i)   non-vested stock granted to participants under the Company’s stock plan   existing, and as in effect, on the date hereof and (ii) repurchases by   Company of its common stock in an aggregate amount, from and after December   31, 2006, not to exceed five percent (5%) of Tangible Net Worth (determined,   in the case of each such repurchase of shares, on the date of repurchase),   provided, however, that both before and after giving effect to each such   repurchase, no Default or Event of Default has occurred and is continuing;   and
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
make any   material change in its capital structure or in its general business objects   or purpose or enter into any business, directly or through any Subsidiary   except for those businesses in which Company and its Subsidiaries are engaged   on the date of this Agreement or other businesses in the electronic   components industry or which  are   directly related thereto which could reasonably be expected to have a   material adverse effect on (i) Company and the Subsidiaries taken as a whole   or (ii) the rights or interests of Agent and Lenders hereunder.
  

          8.2         Limitations on Fundamental Changes.          Enter into any transaction of merger, consolidation or amalgamation, or purchase or otherwise acquire or become obligated for the purchase of all or substantially all of the assets, business interests or Equity Interests of any Person or in any other manner effectuate an expansion of present business of Company and its 

78

Subsidiaries by acquisition or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease, assign, transfer or otherwise dispose of, all, substantially all or any part of its property, business or assets, or make any material change in its present method of conducting business, except:

	
  
 
  	
  
(a)
  	
  
any   Subsidiary may be merged or consolidated with or into Company (so long as   Company shall be the continuing or surviving corporation); any Domestic   Subsidiary may be merged or consolidated with or into any Wholly Owned   Domestic Subsidiary (so long as such Wholly Owned Domestic Subsidiary shall   be the continuing or surviving corporation); and any Foreign Subsidiary may   be merged or consolidated with or into any Wholly Owned Domestic Subsidiary   or into any Wholly Owned Foreign Subsidiary (excluding the Israeli   Subsidiaries) so long as such Wholly Owned Domestic Subsidiary or such Wholly   Owned Foreign Subsidiary shall be the continuing or surviving corporation);
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
any Israeli   Subsidiary owned directly by Company or any Domestic Subsidiary may merge   with or into another such Israeli Subsidiary; and any Israeli Subsidiary not   owned directly by Company or any Domestic Subsidiary may merge with or into   another such Israeli Subsidiary;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
any   Subsidiary may sell, lease, transfer or otherwise dispose of any or all of   its assets (upon voluntary liquidation or otherwise) to Company;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
any Domestic   Subsidiary may sell, lease, transfer or otherwise dispose of any or all of   its assets (upon voluntary liquidation or otherwise) to any other Domestic   Subsidiary and any Foreign Subsidiary may sell, lease, transfer or otherwise   dispose of any or all of its assets (upon voluntary liquidation or otherwise)   to any Domestic Subsidiary or to any other Foreign Subsidiary, provided, in   each case, that such Subsidiary is a Wholly Owned Subsidiary;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Permitted   Transfers and any Permitted Securitization;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
other sales,   transfers or other dispositions of any assets of Company and its Subsidiaries   to Persons that are not otherwise permitted by any other clause of this   Section 8.2, from and after the Effective Date in an aggregate amount not to   exceed (i) 15% of Tangible Net Worth in any fiscal year and (ii) 20% of   Tangible Net Worth for any period of three consecutive fiscal years (or   portion thereof) beginning with fiscal year 2007, determined on the basis of   Tangible Net Worth for the fiscal quarter ending immediately prior to the   date of determination; and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
Permitted   Acquisitions.
  

          8.3         Guaranties.          Become obligated on any Guaranty Obligations or otherwise guarantee, endorse, or otherwise become liable for or upon the obligations of others, except by endorsement of cash items for deposit in the ordinary course of business and except for:

	
  
 
  	
  
(a)
  	
  
the   Guaranties;
  

79

	
  
 
  	
  
(b)
  	
  
Guaranty   Obligations of the Company or any Subsidiary of (i) Hedging Obligations   entered into by Company or any Subsidiary, (ii) Commodities Hedging   Obligations entered into by Company or any Subsidiary, or (iii) reimbursement   obligations in respect of Special Letters of Credit issued for the account of   any Subsidiary;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(c)
  	
  
Guaranty   Obligations relating to any Debt permitted hereunder (i) as set forth on   Schedule 8.3 attached hereto or (ii) permitted (as Investments) under clauses   (d), (e) and (g) of Section 8.7 hereof;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
customary   clean up call provisions under any Permitted Securitization; or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
any other   Guaranty Obligations entered into in the ordinary course of business and not   otherwise permitted pursuant to this Section 8.3, provided that (i) no   Default or Event of Default has occurred and is continuing at the time of   entering into such Guaranty Obligations and (ii) the aggregate amount of such   Guaranty Obligations shall not exceed $50,000,000.
  

          8.4         Debt.          Become or remain obligated for any Debt for borrowed money, or for any Debt incurred in connection with the acquisition of any property, real or personal, tangible or intangible, except:

	
  
 
  	
  
(a)
  	
  
Indebtedness   to Lenders (or their Affiliates) hereunder, including without limitation,   Hedging Obligations and Special Letters of Credit;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
Debt not   otherwise permitted hereunder which is in existence as of the Restatement   Date and disclosed on Schedule 8.4(b) attached hereto, and any renewals or   refinancing of such Debt in amounts not exceeding the scheduled amounts (less   any required amortization according to the terms thereof), on terms no less   favorable to Company and its Subsidiaries than in effect on the Restatement   Date and otherwise in compliance with this Agreement, except for any less   favorable terms which may result from changes in market rates;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
current   unsecured trade, utility or non-extraordinary accounts payable arising in the   ordinary course of business and any unsecured letters of credit undertaken by   such parties in the ordinary course of business outside the United States of   America (and necessary under local customs and practices) to support such   accounts payable;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
(i) purchase   money Debt for fixed assets (including operating leases and capitalized   leases or other non-cancelable leases having a term of 12 months or longer),   (ii) Debt in respect of equipment leasing agreements (based on the aggregate   lease payments during the term of such leases and all available extensions),   (iii) Debt in respect of real property leases (based on the aggregate lease   payments during the term of such leases and all available extensions) provided   that the aggregate amount of the Debt permitted under clauses (i)-(iii)   herein (excluding such Debt as is set forth on Schedule 8.4(d) attached   hereto) shall not exceed ten percent (10%) of Tangible Net Worth;
  

80

	
  
 
  	
  
(e)
  	
  
any Debt   assumed pursuant to an acquisition conducted in compliance with this   Agreement, provided that such Debt was not entered into, extended or renewed   in contemplation of such acquisition and provided further that the aggregate   amount of all such Debt at any time outstanding shall not exceed ten percent   (10%) of Tangible Net Worth;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Debt to   third parties issued by any Foreign Subsidiary of Company in an aggregate   amount at any time outstanding not to exceed seven and a half percent (7.5%)   of Tangible Net Worth; provided that such Debt be issued and at all times   maintained on a pari passu basis with the Indebtedness, if any, of such   Foreign Subsidiary, or on a basis subordinate thereto, and pursuant to   documentation containing covenants not more restrictive in the aggregate than   the covenants contained in this Agreement (as determined by Agent and   Required Lenders in their reasonable discretion) and provided further,   however, that immediately before and immediately after such Debt is incurred,   and giving effect thereto, no Default or Event of Default has occurred and is   continuing (it being understood that for purposes of this Section 8.4(f), the   granting of Liens which are permitted under Section 8.5 hereof shall not be   deemed to constitute the entry into more
restrictive covenants or to be other   than on a pari passu basis);
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
Intercompany   Loans, but only to the extent permitted under the other applicable terms and   limitations of this Agreement, including but not limited to Section 8.7   hereof, and guaranties permitted under Section 8.3 hereof;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(h)
  	
  
unsecured   Debt issued under Rule 144A of the Securities Act of 1933 or pursuant to a   private placement in an aggregate amount for all such Debt issued under this   subparagraph (but without giving effect to any repayments or principal   reductions thereof) not to exceed Two Hundred Million Dollars ($200,000,000);   provided that such Debt be issued and all times maintained on a basis   subordinate hereto, and pursuant to documentation containing covenants not   more restrictive in the aggregate than the covenants contained in this   Agreement (as determined by Agent and the Required Lenders in their   reasonable discretion); provided further, however, that immediately before   and immediately after such Debt is incurred, and giving effect thereto, no   Default or Event of Default has occurred and is continuing; and provided   further that prior to or concurrently with the issuance of such Debt, the   Revolving Credit Aggregate Commitment is permanently reduced

by an amount   equal to not less than 50% of the proceeds of such Debt, net of normal and   customary expenses of issuance payable to third parties;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(i)
  	
  
customary   representations, warranties and indemnification provisions entered into in   connection with the sale, transfer or other disposition of securities or   other assets of the Company and its Subsidiaries permitted pursuant to   Section 8.2(f);
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(j)
  	
  
the BCc   Replacement Financing, the New Convertible Subordinated Debt and any other   Subordinated Debt disclosed on Schedule 8.13 attached hereto, together with   any refinancing of such Debt, subject to the following requirements:  that such refinancing shall (i) be on   terms and conditions substantially similar or more 
  

81

	
  
 
  	
  
 
  	
  
favorable   for the Company and its Subsidiaries to the existing Debt being refinanced,   (ii) not increase the then outstanding principal amount of the Debt being   refinanced, (iii) not take place while any Default or Event of Default shall   have occurred and be continuing, or when any Default or Event of Default   shall reasonably be expected to result from such refinancing; and (iv) be   subject to loan documentation for which draft copies (in substantially final   form) are delivered to Agent not less than five (5) days prior to the date of   such refinancing (or a shorter time period if consented to by Agent); and
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(k)
  	
  
unsecured   Commodities Hedging Obligations.
  

          8.5         Liens.          Permit or suffer any Lien to exist on any of its properties, real, personal or mixed, tangible or intangible, whether now owned or hereafter acquired, except:

	
  
 
  	
  
(a)
  	
  
Liens in   favor of Agent, as security for the Indebtedness hereunder, and, including   without limitation, any Indebtedness under any Hedging Obligations or   Commodities Hedging Obligations (to the extent such Commodities Hedging   Obligations are “Indebtedness” as defined in this Agreement”) or to secure   Special Letters of Credit;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
purchase   money security interests in fixed assets to secure purchase money Debt   permitted under Section 8.4(d) hereof, provided that such security interest   is created substantially contemporaneously with the acquisition of such fixed   assets and does not extend to any property other than the fixed assets so   financed;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
any Lien   securing third-party indebtedness assumed pursuant to any Permitted   Acquisition conducted in compliance with this Agreement, provided that such   Lien is limited to the property so acquired and was not entered into,   extended or renewed in contemplation of such acquisition;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Permitted Liens   and the Liens described on Schedule 8.5 hereto;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(e)
  	
  
Liens   securing Debt of a Foreign Subsidiary (and not supported by any Guaranty   Obligations of Company or any Domestic Subsidiary) for overdraft or similar   credit facilities permitted under clause (f) of Section 8.4 hereof   encumbering cash or cash equivalents owned by any Foreign Subsidiary that do   not exceed, in the aggregate, Fifty Million Dollars ($50,000,000);
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Liens   securing Debt (such Debt being permitted under this Agreement), provided   that the aggregate principal amount of all such Debt which is secured by such   Lien shall not exceed Twenty Million Dollars ($20,000,000); and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
any Lien   encumbering property interests, rights or proceeds which are subject of a   transfer or encumbrance pursuant to a Permitted Securitization.
  

          8.6         Dividends.          Declare or pay any dividends on or make any other distribution with respect to (whether by reduction of Stockholders’ Equity or otherwise) any Equity Interests, except for stock dividends and except for (a) cash dividends by any Wholly Owned Subsidiary to

82

Company or any other Wholly Owned Subsidiary which has executed a Guaranty hereunder, (b) dividends paid in cash or in kind by any Subsidiary which is not a Wholly Owned Subsidiary or by any Joint Venture, provided that such dividends are paid to each holder of Equity Interests therein (including Company or any of its other Subsidiaries) on a pro rata basis (based on the relative amounts of share capital held by each such holder) and provided further that such dividends are paid to Company or its other Subsidiaries on substantially the same (or better) terms as (and contemporaneously with) any dividends paid to Persons other than Company and its Subsidiaries, (c) cash dividends issued by any Wholly Owned Subsidiary which are reinvested in compliance with Section 8.7, provided that in the case of clauses (b) and (c) above, no Default or Event of Default has occurred and is continuing as of the date of the issuance of such dividends, or could
reasonably be expected to result therefrom. 

          8.7         Investments.          Make or allow to remain outstanding any investment (whether such investment shall be of the character of investment in Equity Interests, evidences of indebtedness or other securities or otherwise) in, or any loans or advances to, any Person, firm, corporation or other entity or association, other than:

	
  
 
  	
  
(a)
  	
  
Company’s   and its Subsidiaries’ Equity Interests in the Subsidiaries as of the   Restatement Date;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
Additional   cash investment in the Foreign Permitted Borrowers, which is applied by the   applicable Borrower concurrently with such investment to reduce its   Indebtedness under this Agreement, if the Indebtedness repaid is in   substantially the amount of such additional investment and provided, further,   such investment shall not be made, without the prior written consent of   Agent, after the occurrence and during the continuance of a Default or Event   of Default, or where a Default or Event of Default could reasonably be   expected to result therefrom, provided, however, that if no Indebtedness of   such Foreign Permitted Borrower is outstanding under this Agreement, cash   investment in the Foreign Permitted Borrowers shall be governed by clause (d)   hereof;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
The existing   investments, loans and/or advances in or to Subsidiaries set forth or   referred to on Schedule 8.7 hereto, in addition to any other matters set   forth in this Section 8.7;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(d)
  	
  
Intercompany   Loans, Advances, or Investments made on or after the Effective Date hereunder   to Company, or by Company or any Subsidiary to Company or any Wholly Owned   Subsidiary (excluding the Israeli Subsidiaries), provided that any   Intercompany Loan (other than a guaranty) included therein be evidenced by   and funded under an Intercompany Note and further provided that both before   and after giving effect to any such loans, advances or investments, no   Default or Event of Default has occurred and is continuing under this   Agreement (or would result from the making of such Intercompany Loan, Advance   or Investment), and in the case of Intercompany Loans from a Domestic   Subsidiary or Company to a Domestic Subsidiary or Company and Intercompany   Loans from a Foreign Subsidiary to a Foreign Subsidiary, notice has been   given by Agent (upon the direction of the Required Lenders) that no such   Intercompany Loans shall be made, provided that no
repayments of such   Intercompany Loan shall be
  

83

	
  
 
  	
  
 
  	
  
made while a   Default or Event of Default has occurred and is continuing, or could   reasonably be expected to result from such payment, and provided, further,   that the terms governing each such loan or advance to Company or any   Subsidiary shall specifically state that no payments shall be made thereunder   if a Default or Event of Default under this Agreement has occurred and is   continuing, or could reasonably be expected to result therefrom unless Agent   otherwise consents in writing;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Intercompany   Loans, Advances or Investments made on or after the Effective Date by Company   or any Subsidiary to the Israeli Subsidiaries’ or to any Subsidiary which   does not constitute a Wholly Owned Subsidiary (provided (i) that any   Intercompany Loan (other than a guaranty) included therein be evidenced by   and funded under an Intercompany Note), (ii) that at the time any such loan,   advance or investment is made (before and after giving effect thereto) no   Default or Event of Default has occurred and is continuing, (iii) that the   aggregate amount of all such loans, advances and investments shall not   exceed, at any time outstanding, 15% of Tangible Net Worth and (iv) that the   terms governing each such loan or advance to Company or any Subsidiary shall   specifically state that no payments shall be made thereunder if a Default or   Event of Default under this Agreement has occurred and is continuing, or   could reasonably be expected to
result therefrom unless Agent otherwise   consents in writing;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Intercompany   Loans, Advances or Investments made on or after the Effective Date by one   Israeli Subsidiary to another Israeli Subsidiary (provided (i) that any   Intercompany Loan (other than a guaranty) included therein be evidenced by   and funded under an Intercompany Note), (ii) that at the time any such loan,   advance or investment is made (before and after giving effect thereto) no   Default or Event of Default has occurred and is continuing, and (iii) that   the terms governing each such loan or advance to such Israeli Subsidiary   shall specifically state that no payments shall be made thereunder if a   Default or Event of Default under this Agreement has occurred and is   continuing, or could reasonably be expected to result therefrom unless Agent   otherwise consents in writing;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
loans,   advances or investments made on or after the Effective Date (without regard   to any repayment of such loans, advances or investments, other than the   repayment of capital or principal) to any Joint Venture or other Person,   including without limitation any Guaranty Obligations of Company or any   Subsidiary (valued on the basis of the aggregate amount of indebtedness   covered by such Guaranty Obligations) of third-party indebtedness of any such   Joint Venture or other Person, which loans, advances or investments are not   otherwise permitted under this Section 8.7, in an aggregate amount at any   time outstanding not to exceed seven and one-half percent (7.5%) of Tangible   Net Worth;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(h)
  	
  
intentionally   omitted;
  

84

	
   
  	
  
(i)
  	
  
investments,   whether by acquisition of Equity Interests, indebtedness or other obligations   or security of, any Person (other than a Subsidiary or an Affiliate) which is   a customer of Company or any Subsidiary, which investment was made in   exchange for amounts owed by such customer to Company or any Subsidiary (and   incurred in the ordinary course of business) or as an advance on the   provision of goods and services in the ordinary course of business;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(j)
  	
  
Hedging   Obligations and guaranties by Company or any Subsidiary of Hedging   Obligations entered into by Company or any Subsidiary and Commodities Hedging   Obligations and guaranties by Company or any Subsidiary of Commodities   Hedging Obligations entered into by Company or any Subsidiary, as applicable;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(k)
  	
  
Permitted   Investments; and
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(l)
  	
  
Investments in   any Subsidiary (including, without limitation, any Special Purpose   Subsidiary) from and after the date hereof consisting of (x) dispositions of   specific foreign accounts receivable made pursuant to any Permitted   Securitization and the resultant Debt issued by a Special Purpose Subsidiary   to another Subsidiary as part of such Permitted Securitization, in each case   to the extent constituting Investments hereunder; and (y) the repurchase or   replacement from and after the date hereof of accounts receivable pursuant to   any representations or warranties or clean up call provisions included in   such Permitted Securitization in accordance with the definition thereof.
  

In valuing any investments, loans and advances for the purpose of applying the limitations set forth in this Section 8.7 (except as otherwise expressly provided herein), such investments, loans and advances shall be taken at the original cost thereof, without allowance for any subsequent write-offs or appreciation or depreciation therein, but less any amount repaid or recovered on account of capital or principal.

          8.8         Accounts Receivable.          Sell or assign any account, note or trade acceptance receivable, except to Agent on behalf of Lenders, and except the sale or assignment of foreign accounts receivable pursuant to any Permitted Securitization.

          8.9         Transactions with Affiliates.          Enter into any transaction with any of its or their stockholders or officers or its or their affiliates, except in the ordinary course of business and on terms not less favorable than would be usual and customary in similar transactions between Persons dealing at arm’s length and except for (i) transactions otherwise permitted by this Agreement and (ii) transactions between Company and any Wholly Owned Subsidiary or between any Wholly Owned Subsidiary and any other Wholly Owned Subsidiary.

          8.10       Intentionally Omitted.

          8.11       Prohibition Against Certain Restrictions.          (a)     Enter into or otherwise become subject to any agreement or arrangement (excluding this Agreement and excluding any such agreement by a Special Purpose Subsidiary pursuant to a Permitted Securitization, but only to the extent such agreement applies only to such Special Purpose Subsidiary) with any lender or other

85

third party (i) which prohibits, restricts or otherwise limits the ability of Company to make loans, advances or investments to its Subsidiaries or which prohibits, restricts or otherwise limits the ability of any Subsidiary to make loans, advances or investments in any other Subsidiary, (ii) which prohibits, restricts or otherwise limits the ability of any Subsidiary to declare or pay any dividends on or make any other distribution with respect to any Equity Interests, or (iii) which prohibits, restricts or otherwise limits the execution, delivery, undertaking or performance by Company or any Subsidiary of any Guaranty Obligations, indemnity or similar undertaking in favor of Agent or Lenders; and

          (b)         Except in connection with Liens permitted by Section 8.5, to the extent of the property encumbered by such Permitted Liens, enter into any agreement, document or instrument which would restrict or prevent Company and its Subsidiaries from granting Agent on behalf of Lenders Liens upon, security interests in and pledges of their respective assets which are senior in priority to all other Liens.

          8.12       Intentionally omitted.

          8.13       Amendment of Subordinated Debt and Other Debt Documents and Permitted Securitizations.          Amend, modify or otherwise alter (or suffer to be amended, modified or altered) any of the terms and conditions of those documents or instruments evidencing or otherwise related to any Debt set forth on Schedule 8.13 or any other Subordinated Debt (including the New Convertible Subordinated Debt and the BCc Refinancing) or any Permitted Securitization, except for those amendments, modifications or other alterations which could not reasonably be determined to have a material adverse effect on (a) the business, operations, property or condition (financial or otherwise) of Company and its Subsidiaries, taken as a whole, (b) the ability of Company or any of its Subsidiaries to perform their respective
obligations under this Agreement or any other Loan Document to which any of them is a party, or (c) the validity or enforceability of this Agreement or any of the other Loan Documents or the rights or remedies of Agent or Lenders hereunder or thereunder, or except as may be approved by Agent and the Required Lenders.

          8.14       Payment or Prepayment of Other Debts.          Prepay, purchase, redeem or defease the New Subordinated Convertible Debt, the BCc Refinancing, any Subordinated Debt or any other Debt set forth on Schedule 8.13 (whether in connection with the conversion of any such Debt or otherwise), or in each case any refinancing thereof, except for (a) payments or prepayments on the New Subordinated Convertible Debt and/or the BCc Refinancing (or, in each case, any refinancing thereof), provided in each case that no Default or Event of Default shall have occurred and be continuing at the time of such payment or prepayment or could be reasonably expected to result therefrom, and (b) the conversion of the BCC Replacement Financing, the New Subordinated Convertible Financing or other Subordinated Debt or Debt set forth
on Schedule 8.13 (or, in each case, any refinancing thereof) into stock pursuant to the put or other conversions rights relating thereto.

          9.          DEFAULTS

          9.1         Events of Default.          Any of the following events is an “Event of Default”:

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(a)
  	
  
non-payment   when due of the principal or interest of any Advance in accordance with the   terms thereof or of any reimbursement obligation under Section 3.6 hereof,   and in the case of interest payments, continuance thereof for three (3) days;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
default in   the payment of any money by any of the Borrowers under this Agreement (other   than as set forth in subsection (a), above) or the other Loan Documents, and   continuance thereof for three (3) days of the date the same is due and   payable;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(c)
  	
  
default in   the observance or performance of any of the other conditions, covenants or   agreements set forth in this Agreement or any of the other Loan Documents by   any party thereto (provided that, with respect to the covenants set forth in   Sections 7.8, 7.10, 7.12, 7.13 and 7.14 hereof, such event has continued for   thirty (30) consecutive days) or the occurrence of any other default or Event   of Default, as the case may be hereunder or thereunder;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
any   representation or warranty made by any of the Borrowers herein or in any   instrument submitted pursuant hereto or by any other party to the Loan Documents   proves untrue in any material adverse respect when made; provided that, with   respect to any misrepresentation or breach of warranty arising subsequent to   the date hereof under Sections 6.7, 6.8, 6.13 through 6.15 and 6.18 of this   Agreement solely by virtue of the nature of the representations and   warranties hereunder as continuing, (i) as to Section 6.8, hereof, any   applicable cure period existing in respect of such matters shall have expired   and (ii) as to the remaining Sections of this Agreement specified in this   subparagraph (d), such misrepresentation or breach of warranty hereunder   shall have continued for a period of thirty (30) consecutive days;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(e)
  	
  
any   provision of any Guaranty, or any Collateral Document shall at any time for   any reason (other than in accordance with its terms or the terms of this   Agreement) cease to be valid and binding and enforceable against Company or   the Subsidiaries party thereto, as applicable, or the validity, binding   effect or enforceability thereof shall be contested by any Person, or Company   or any of the Subsidiaries party thereto shall deny that it has any or   further liability or obligation under any Guaranty, or any Collateral   Document, as applicable, or any Guaranty, or any Collateral Document shall be   terminated, invalidated or set aside or in any way cease to give or provide   to Lenders and Agent the benefits purported to be created thereby;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
default   (after giving effect to any applicable period of grace or cure) in the   payment of any other obligation of Company, its Significant Subsidiaries, any   Guarantor or any Person obligated under a Pledge Agreement for borrowed money   in excess of Ten Million Dollars ($10,000,000) (or the equivalent thereof in   an Alternative Currency), individually or in the aggregate; or default in the   observance or performance of any conditions, covenants or agreements related   or given with respect to any other obligations for borrowed money in an   aggregate 
  

87

	
  
 
  	
  
 
  	
  
amount in   excess of Ten Million Dollars ($10,000,000) (or the equivalent thereof in an   Alternative Currency), which is sufficient to permit the holder thereof to   accelerate the maturity of such obligation;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
the   rendering of any judgment or judgments for the payment of money in excess of   the sum of Ten Million Dollars ($10,000,000) (or the Alternative Currency   equivalent thereof) in the aggregate against Company, any of its Significant   Subsidiaries, any Guarantor, or any Person obligated under a Pledge   Agreement, and such judgments shall remain unpaid, unvacated, unbonded or   unstayed by appeal or otherwise for a period of thirty (30) consecutive days,   except as covered by adequate insurance with a reputable carrier and an   action is pending in which an active defense is being made with respect thereto;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(h)
  	
  
(i) any   Person shall engage in any Prohibited Transaction involving any Pension Plan,   (ii) any Accumulated Funding Deficiency, whether or not waived, shall exist   with respect to any Pension Plan or any Lien in favor of the PBGC or a Pension   Plan shall arise on the assets of Company or any ERISA Affiliate, (iii) a   Reportable Event shall occur with respect to, or proceedings shall commence   to have a trustee appointed, or a trustee shall be appointed, to administer   or to terminate, any Single Employer Plan, (iv) any Single Employer Plan   shall terminate for purposes of Title IV of ERISA or (v) Company or any ERISA   Affiliate shall, or in the reasonable opinion of the Required Lenders is   likely to, incur any liability in connection with a withdrawal from, or the   insolvency, bankruptcy or reorganization of, a Multiemployer Plan and in each   case in clauses (i) through (v) above, (x) a period of sixty (60) days, or   more, has elapsed from the
occurrence of such event or condition and (y) such   event or condition, together with all other such events or conditions, if   any, could reasonably be expected to subject Company or any of its   Subsidiaries to any tax, penalty or other liabilities in the aggregate   material in relation to the business, operations, property or financial or   other condition of Company and its Subsidiaries taken as a whole;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(i)
  	
  
(A) any one   Person or group of Persons acting in concert shall acquire or control,   directly or indirectly, whether by ownership, proxy, voting trust or otherwise,   twenty percent (20%) or more of the voting power of the issued and   outstanding Equity Interests of Company, other than (x) any Person or group   of Persons beneficially owning, directly or indirectly, as of the date hereof   Equity Interests of Company with twenty percent (20%) or more of such voting   power or (y) any Permitted Transferee; or (B) individuals who constitute the   Continuing Directors cease for any reason to constitute at least a majority   of Company’s directors (for purposes of this Section 9.1(i)(B), “Continuing   Director” means any director who was a director as of the Effective Date and   any director who is nominated or elected by a majority of Continuing   Directors who are then directors);
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(j)
  	
  
If a   creditors’ committee shall have been appointed for the business of Company,   any of its Significant Subsidiaries, any Guarantor or any Person obligated   under a Pledge Agreement; or if Company, any Significant Subsidiary, any   Guarantor or 
  

88

	
  
 
  	
  
 
  	
  
any Person   obligated under a Pledge Agreement shall have made a general assignment for   the benefit of creditors or shall have been adjudicated bankrupt, or shall   have filed a voluntary petition in bankruptcy or for reorganization or to   effect a plan or arrangement with creditors or shall fail to pay its debts   generally as such debts become due in the ordinary course of business (except   as contested in good faith and for which adequate reserves are made in such   party’s financial statements); or shall file an answer to a creditor’s petition   or other petition filed against it, admitting the material allegations   thereof for an adjudication in bankruptcy or for reorganization; or shall   have applied for or permitted the appointment of a receiver or trustee or   custodian for any of its property or assets; or such receiver, trustee or   custodian shall have been appointed for any of its property or assets   (otherwise than upon application
or consent of Company, any Significant   Subsidiary, any Guarantor or any Person obligated under a Pledge Agreement) and   such appointment has not been dismissed or stayed within thirty (30) days   from the date of appointment or if an order for relief or otherwise approving   any petition for reorganization of Company, any Significant Subsidiary, any   Guarantor or any Person obligated under a Pledge Agreement shall be entered;   or if an involuntary petition is filed against Company, any Significant   Subsidiary, any Guarantor or any Person obligated under a Pledge Agreement   and shall not be dismissed or stayed within thirty (30) days from the date of   filing thereof; and
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(k)
  	
  
until such   Debt has been converted into common stock of the Company, if any “Fundamental   Change” shall have occurred as defined in that certain Indenture entered into   by Company in connection with the New Convertible Subordinated Debt, without   giving effect to any amendments thereto or modifications thereof subsequent   to the Effective Date.
  

          9.2         Exercise of Remedies.          If an Event of Default has occurred and is continuing hereunder: (a) Agent shall, if directed to do so by the Required Lenders, declare any commitment of Lenders to extend credit hereunder immediately terminated; (b) Agent shall, if directed to do so by the Required Lenders, declare the entire unpaid Indebtedness immediately due and payable, without presentment, notice or demand, all of which are hereby expressly waived by the Borrowers; (c) upon the occurrence of any Event of Default specified in Section 9.1(j) above, and notwithstanding the lack of any declaration by Agent under the preceding clause (a) or (b), Lenders’ commitments to extend credit hereunder shall immediately and automatically terminate and the entire unpaid Indebtedness shall become
automatically due and payable without presentment, notice or demand; (d) Agent shall, upon being directed to do so by the Required Lenders, demand immediate delivery of cash collateral, and Company and each Account Party agree to deliver such cash collateral upon demand, in an amount equal to the maximum amount that may be available to be drawn at any time prior to the stated expiry of all outstanding Letters of Credit; and (e) Agent shall, if directed to do so by the Required Lenders or Lenders, as applicable (subject to the terms hereof), exercise any remedy permitted by this Agreement, the other Loan Documents or law.

          9.3         Rights Cumulative.          No delay or failure of Agent and/or Lenders in exercising any right, power or privilege hereunder shall affect such right, power or privilege, nor shall any

89

single or partial exercise thereof preclude any other or further exercise thereof, or the exercise of any other power, right or privilege. The rights of Lenders under this Agreement are cumulative and not exclusive of any right or remedies which Lenders would otherwise have.

          9.4         Waiver by Company and Permitted Borrowers of Certain Laws.          To the extent permitted by applicable law, each of the Borrowers hereby agrees to waive, and do as hereby absolutely and irrevocably waive and relinquish the benefit and advantage of any valuation, stay, appraisement, extension or redemption laws now existing or which may hereafter exist, which, but for this provision, might be applicable to any sale made under the judgment, order or decree of any court, on any claim for interest on any principal of any Advance. These waivers have been voluntarily given, with full knowledge of the consequences thereof.

          9.5          Waiver of Defaults.          No Event of Default shall be waived by Lenders except in a writing signed by an officer of Agent in accordance with Section 13.11 hereof. No single or partial exercise of any right, power or privilege hereunder, nor any delay in the exercise thereof, shall preclude any other or further exercise of Lenders’ rights by Agent. No waiver of any Event of Default shall extend to any other or further Event of Default. No forbearance on the part of Agent in enforcing any of Lenders’ rights shall constitute a waiver of any of their rights. The Borrowers expressly agree that this Section may not be waived or modified by Lenders or Agent by course of performance, estoppel or otherwise.

          10.         PAYMENTS, RECOVERIES AND COLLECTIONS.

          10.1       Payment Procedure.

	
  
 
  	
  
(a)
  	
  
All payments   by any of the Borrowers of principal of, or interest on, Advances of the   Revolving Credit or the Swing Line or of Letter of Credit Obligations or Fees   shall be made without setoff or counterclaim on the date specified for   payment under this Agreement not later than 11:00 a.m. (Detroit time) in   Dollars in immediately available funds to Agent, for the ratable account of   Lenders, at Agent’s office located at One Detroit Center, Detroit, Michigan   48226, in respect of Domestic Advances or Fees payable in Dollars. Payments   made in respect of any Advance in any Alternative Currency or any Fees   payable in any Alternative Currency shall be made in such Alternative   Currency in immediately available funds for the account of Agent’s   Eurocurrency Lending Office, at Agent’s Correspondent, for the ratable   account of Lenders, not later than 11:00 a.m. (the time of Agent’s   Correspondent). Upon receipt of each such payment,

Agent shall make prompt   payment to each Lender, or, in respect of Eurocurrency-based Advances, such   Lender’s Eurocurrency Lending Office, in like funds and currencies, of all   amounts received by it for the account of such Lender.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
Unless Agent   shall have been notified by Company prior to the date on which any payment to   be made by any of the Borrowers is due that such Borrower does not intend to   remit such payment, Agent may, in its discretion but without any obligation,   assume that such Borrower has remitted such payment when so due and Agent   may, in reliance upon such assumption, make available to each Lender on such   payment date an amount equal to such Lender’s share of such assumed
  

90

	
  
 
  	
  
 
  	
  
payment. If   any of the Borrowers has not in fact remitted such payment to Agent, each   Lender shall forthwith on demand repay to Agent in the applicable currency   the amount of such assumed payment made available to such Lender, together   with the interest thereon, in respect of each day from and including the date   such amount was made available by Agent to such Lender to the date such amount   is repaid to Agent at a rate per annum equal to (i) for Prime-based Advances,   the Federal Funds Effective Rate, as the same may vary from time to time, and   (ii) with respect to Eurocurrency-based Advances, Agent’s aggregate marginal   cost (including the cost of maintaining any required reserves or deposit   insurance and of any fees, penalties, overdraft charges or other costs or   expenses incurred by Agent) of carrying such amount.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Whenever any   payment to be made hereunder (other than payments in respect of any   Eurocurrency-based Advance or a Quoted Rate Advance) shall otherwise be due   on a day which is not a Business Day, such payment shall be made on the next   succeeding Business Day and such extension of time shall be included in   computing interest, if any, in connection with such payment. Whenever any   payment of principal of, or interest on, a Eurocurrency-based Advance or a   Quoted Rate Advance shall be due on a day which is not a Business Day the   date of payment thereof shall be extended to the next succeeding Business Day   unless as a result thereof it would fall in the next calendar month, in which   case it shall be shortened to the next preceding Business Day and, in the   case of a payment of principal, interest thereon shall be payable for such   extended or shortened time, if any.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
All payments   to be made by or the Borrowers under this Agreement or any of the Notes   (including without limitation payments under the Swing Line and/or Swing Line   Note) shall be made without set-off or counterclaim, as aforesaid, and   without deduction for or on account of any present or future withholding or   other taxes of any nature (other than a tax based upon the net income of any   Lender or Agent by any jurisdiction where a Lender or Agent is located) imposed   by any governmental authority or of any political subdivision thereof or any   federation or organization of which such governmental authority may at the   time of payment be a member, unless any of the Borrowers, as the case may be,   is compelled by law to make payment subject to such tax. In such event, such   Borrower shall:
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
pay to Agent   for Agent’s own account and/or, as the case may be, for the account of   Lenders (and, in the case of any Swing Line Advances, pay to Swing Line   Lender which funded such Advances) such additional amounts as may be   necessary to ensure that Agent and/or such Lender or Lenders receive a net   amount in the applicable Permitted Currency equal to the full amount which   would have been receivable had payment not been made subject to such tax; and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(ii)
  	
  
remit such   tax to the relevant taxing authorities according to applicable law, and send   to Agent such certificates or certified copy receipts as Agent or any Lender   shall reasonably require as proof of the payment by such Borrower of any such   taxes payable by such Borrower.
  

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As used   herein, the terms “tax”, “taxes” and “taxation” include all taxes, levies,   imposts, duties, charges, fees, deductions and withholdings and any   restrictions or conditions resulting in a charge together with interest (and   any taxes payable upon the amounts paid or payable pursuant to this Section   10.1) thereon and fines and penalties with respect thereto which may be   imposed by reason of any violation or default with respect to the law   regarding such tax (whether assessed against any Borrower, Agent or any of   Lenders), but subject to compliance by the applicable Lender with Section   13.14 hereof.
  

          10.2        Application of Proceeds of Collateral.          Notwithstanding anything to the contrary in this Agreement or any other Loan Document, following the occurrence of any Event of Default under Section 9.1(j) and following the occurrence of any other Event of Default and the termination of the Revolving Credit Aggregate Commitment, the acceleration of any Indebtedness arising under this Agreement or the other Loan Documents, or the exercise of any other remedy in each case by the requisite Lenders under Section 9.2 hereof, Agent shall apply the proceeds of any Collateral, together with any offsets, voluntary payments by Company or the Permitted Borrowers or others and any other sums received or collected in respect of the Indebtedness, first, to pay all incurred and unpaid fees and expenses of Agent
under the Loan Documents and any protective advances made by Agent with respect to the Collateral under or pursuant to the terms of any Loan Document, next, to pay any fees and expenses owed to Issuing Lender hereunder, next, to the Indebtedness under the Revolving Credit (including the Swing Line and any Reimbursement Obligations), next to any obligations owing by the Borrowers or any Subsidiary under any Hedging Agreements on a pro rata basis, next, to any other Indebtedness on a pro rata basis, and then, if there is any excess, to the Borrowers.  The application of such proceeds and other sums to the outstanding Indebtedness hereunder shall be based on each Lender’s Percentage of the aggregate Indebtedness.  

          10.3        Pro-rata Recovery.          If any Lender shall obtain any payment or other recovery (whether voluntary, involuntary, by application of offset or otherwise) on account of principal of, or interest on, any of the outstanding Advances (or on account of its participation in any Letter of Credit) in excess of its pro rata share of payments then or thereafter obtained by all Lenders upon principal of and interest on all outstanding Advances (or such participation), such Lender shall purchase from the other Lenders such participations in the outstanding Advances (or subparticipations in the Letters of Credit) held by them as shall be necessary to cause such purchasing Lender to share the excess payment or other recovery ratably in accordance with the Percentages of the  Revolving Credit with each

of them; provided, however, that if all or any portion of the excess payment or other recovery is thereafter recovered from such purchasing holder, the purchase shall be rescinded and the purchase price restored to the extent of such recovery, but without interest.

          10.4        Set Off.          Upon the occurrence and during the continuance of any Event of Default, each Lender may at any time and from time to time, without notice to Company but subject to the provisions of Section 10.3 hereof, (any requirement for such notice being expressly waived by Company) set off and apply against any and all of the obligations of the Borrower 

92

now or hereafter existing under this Agreement, whether owing to such Lender or any other Lender or Agent, 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 such Lender to or for the credit or the account of such Borrower and any property of the such Borrower from time to time in possession of such Lender, irrespective of whether or not such deposits held or indebtedness owing by such Lender may be contingent and unmatured and regardless of whether any Collateral then held by Agent or any Lender is adequate to cover the Indebtedness, provided, however, that a Lender may not set off and apply against any obligations of Company or any Domestic Permitted Borrower any deposits or property of, or other indebtedness owing to, or for the credit or account of any Foreign Permitted Borrower. Promptly following any such setoff, such Lender shall give written notice to Agent and to
Company and the applicable Permitted Borrower of the occurrence thereof. The rights of each Lender under this Section 10.4 are in addition to the other rights and remedies (including, without limitation, other rights of setoff) which such Lender may have.

          11.          CHANGES IN LAW OR CIRCUMSTANCES; INCREASED COSTS.

          11.1        Reimbursement of Prepayment Costs.          If any Borrower makes any payment of principal with respect to any Eurocurrency-based Advance or Quoted Rate Advance on any day other than the last day of the Interest Period applicable thereto (whether voluntarily, by acceleration, or otherwise), or if any Borrower converts or refunds (or attempts to convert or refund) any such Advance on any day other than the last day of the Interest Period applicable thereto; or if any Borrower fails to borrow, refund or convert into any Eurocurrency-based Advance or Quoted Rate Advance after notice has been given by such Borrower to Agent in accordance with the terms hereof requesting such Advance, or if any Borrower fails to make any payment of principal or interest in respect of a Eurocurrency-based Advance or
Quoted Rate Advance when due, the applicable Borrower shall reimburse Agent for itself and/or on behalf of any Lender, as the case may be, on demand for any resulting loss, cost or expense incurred (excluding the loss of any Applicable Margin) by Agent and Lenders, as the case may be as a result thereof, including, without limitation, any such loss, cost or expense incurred in obtaining, liquidating, employing or redeploying deposits from third parties, whether or not Agent and Lenders, as the case may be, shall have funded or committed to fund such Advance.  Such amount payable by the applicable Borrower to Agent for itself and/or on behalf of any Lender, as the case may be, may include, without limitation, an amount equal to the excess, if any, of (a) the amount of interest which would have accrued on the amount so prepaid, or not so borrowed, refunded or converted, for the period from the date of such prepayment or of such failure to borrow, refund or convert, through the last day of the
relevant Interest Period, at the applicable rate of interest for said Advance(s) provided under this Agreement, over (b) the amount of interest (as reasonably determined by Agent and Lenders, as the case may be) which would have accrued to Agent and Lenders, as the case may be, on such amount by placing such amount on deposit for a comparable period with leading banks in the interbank eurocurrency market. Calculation of any amounts payable to any Lender under this paragraph shall be made as though such Lender shall have actually funded or committed to fund the relevant Advance through the purchase of an underlying deposit in an amount equal to the amount of such Advance and having a maturity comparable to the relevant Interest Period; provided, however, that any Lender may fund any Eurocurrency-based Advance or Quoted Rate Advance, as the case may be, in any manner it deems fit and the foregoing assumptions shall be utilized only for the purpose of the 

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calculation of amounts payable under this paragraph. Upon the written request of Company, Agent and Lenders shall deliver to Company a certificate setting forth the basis for determining such losses, costs and expenses, which certificate shall be conclusively presumed correct, absent manifest error.

          11.2        Eurocurrency Lending Office.          For any Advance to which the Eurocurrency-based Rate is applicable, if Agent or a Lender, as applicable, shall designate a Eurocurrency Lending Office which maintains books separate from those of the rest of Agent or such Lender, Agent or such Lender, as the case may be, shall have the option of maintaining and carrying the relevant Advance on the books of such Eurocurrency Lending Office.

          11.3        Availability of Alternative Currency.          Agent and Lenders shall not be required to make any Advance in an Alternative Currency if, at any time prior to making such Advance, Agent or the Required Lenders (after consultation with Agent) shall determine, in its or their sole discretion, that (i) deposits in the applicable Alternative Currency in the amounts and maturities required to fund such Advance will not be available to Agent and Lenders; (ii) a fundamental change has occurred in the foreign exchange or interbank markets with respect to the applicable Alternative Currency (including, without limitation, changes in national or international financial, political or economic conditions or currency exchange rates or exchange controls); or (iii) it has become otherwise materially impractical
for Agent or Lenders, as applicable, to make such Advance in the applicable Alternative Currency. Agent or the applicable Lender, as the case may be, shall promptly notify Company and Lenders of any such determination.

          11.4        Refunding Advances in Same Currency.          If pursuant to any provisions of this Agreement, any of the Borrowers repays one or more Advances and on the same day borrows an amount in the same currency, Agent (or Swing Line Lender, in the case of a Swing Line Advance) shall apply the proceeds of such new borrowing to repay the principal of the Advance or Advances being repaid and only an amount equal to the difference (if any) between the amount being borrowed and the amount being repaid shall be remitted by Agent to such Borrower, or by such Borrower to Agent, as the case may be.

          11.5        Circumstances Affecting Eurocurrency-based Rate Availability.          If with respect to any Interest Period, Agent or the Required Lenders (after consultation with Agent) shall determine that, by reason of circumstances affecting the foreign exchange and interbank markets generally, deposits in eurodollars or in any applicable Alternative Currency, as the case may be, in the applicable amounts are not being offered to Agent or such Lenders for such Interest Period, then Agent shall forthwith give notice thereof to the Borrowers. Thereafter, until Agent notifies the Borrowers that such circumstances no longer exist, (i) the obligation of Lenders to make Eurocurrency-based Advances (other than in any applicable Alternative Currency with respect to which deposits are available, as required
hereunder), and the right of the Borrowers to convert an Advance to or refund an Advance as a Eurocurrency-based Advance, as the case may be (other than in any applicable Alternative Currency with respect to which deposits are available, as required hereunder), shall be suspended, and (ii) the Borrowers shall repay in full (or cause to be repaid in full) the then outstanding principal amount of each such Eurocurrency-based Advance covered hereby in the applicable Permitted Currency, together with accrued interest thereon, any amounts payable under Sections 11.1 and 11.8 hereof, and all other amounts payable hereunder on the last day of the then current Interest Period applicable to such Advance.

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Upon the date for repayment as aforesaid and unless Company notifies Agent to the contrary within two (2) Business Days after receiving a notice from Agent pursuant to this Section, such outstanding principal amount shall be converted to a Prime-based Advance as of the last day of such Interest Period.

          11.6        Laws Affecting Eurocurrency-based Advance Availability.          If, after the date of this Agreement, the introduction of, or any change in, any applicable law, rule or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by any of Lenders (or any of their respective Eurocurrency Lending Offices) with any request or directive (whether or not having the force of law) of any such authority, shall make it unlawful or impossible for any of Lenders (or any of their respective Eurocurrency Lending Offices) to honor its obligations hereunder to make or maintain any Advance with interest at the Eurocurrency-based Rate, or in an Alternative Currency, such Lender shall forthwith give notice
thereof to Company and to Agent. Thereafter, (a) the obligations of Lenders to make Eurocurrency-based Advances or Advances in any such Alternative Currency and the right of any Borrower to convert an Advance into or refund an Advance as a Eurocurrency-based Advance or as an Advance in any such Alternative Currency shall be suspended and thereafter the Borrowers may select as Applicable Interest Rates or as Alternative Currencies only those which remain available and which are permitted to be selected hereunder, and (b) if any of Lenders may not lawfully continue to maintain an Advance to the end of the then current Interest Period applicable thereto as a Eurocurrency-based Advance or in such Alternative Currency, the applicable Advance shall immediately be converted to a Prime-based Advance (in the Dollar Amount thereof) and the Prime-based Rate shall be applicable thereto for the remainder of such Interest Period. For purposes of this Section, a change in law, rule, regulation, interpretation or
administration shall include, without limitation, any change made or which becomes effective on the basis of a law, rule, regulation, interpretation or administration presently in force, the effective date of which change is delayed by the terms of such law, rule, regulation, interpretation or administration.

          11.7        Increased Cost of Eurocurrency-based Advances.          If the adoption after the date of this Agreement of, or any change after the date of this Agreement in, any applicable law, rule or regulation of or in the interpretation or administration thereof by any governmental authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by Agent or any of Lenders (or any of their respective Eurocurrency Lending Offices) with any request or directive (whether or not having the force of law) made by any such authority, central bank or comparable agency after the date hereof:

	
  
 
  	
  
(a)
  	
  
shall   subject any of Lenders (or any of their respective Eurocurrency Lending   Offices) to any tax, duty or other charge with respect to any Advance or   shall change the basis of taxation of payments to any of Lenders (or any of   their respective Eurocurrency Lending Offices) of the principal of or   interest on any Advance or any other amounts due under this Agreement in   respect thereof (except for changes in the rate of tax on the overall net   income of any of Lenders or any of their respective Eurocurrency Lending   Offices imposed by the jurisdiction in which such Lender’s principal   executive office or Eurocurrency Lending Office is located); or
  

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(b)
  	
  
shall impose,   modify or deem applicable any reserve (including, without limitation, any   imposed by the Board of Governors of the Federal Reserve System), special   deposit or similar requirement against assets of, deposits with or for the   account of, or credit extended by, any of Lenders (or any of their respective   Eurocurrency Lending Offices) or shall impose on any of Lenders (or any of   their respective Eurocurrency Lending Offices) or the foreign exchange and   interbank markets any other condition affecting any Advance;
  

and the result of any of the foregoing is to increase the costs to any of Lenders of maintaining any part of the Indebtedness hereunder as a Eurocurrency-based Advance or as an Advance in any Alternative Currency or to reduce the amount of any sum received or receivable by any of Lenders under this Agreement in respect of a Eurocurrency-based Advance or any Advance in an Alternative Currency, whether with respect to Advances to any of the Borrowers, then such Lender shall promptly notify Agent (or, in the case of a Swing Line Advance, shall notify the applicable Borrower directly, with a copy of such notice to Agent), and Agent (or such Lender, as aforesaid) shall promptly notify the Borrowers of such fact and demand compensation therefor and, within fifteen (15) days after such notice, the Borrower agrees to pay to such Lender such additional amount or amounts as will compensate such Lender or Lenders for such increased cost or reduction. Agent will promptly
notify the Borrowers of any event of which it has knowledge which will entitle Lenders to compensation pursuant to this Section, or which will cause the Borrowers to incur additional liability under Sections 11.1 and 11.8 hereof, provided that Agent shall incur no liability whatsoever to Lenders, or Borrowers in the event it fails to do so. A certificate of Agent (or such Lender, if applicable) setting forth the basis for determining such additional amount or amounts necessary to compensate such Lender or Lenders shall be conclusively presumed to be correct save for manifest error. For purposes of this Section, a change in law, rule, regulation, interpretation, administration, request or directive shall include, without limitation, any change made or which becomes effective on the basis of a law, rule, regulation, interpretation, administration, request or directive presently in force, the effective date of which change is delayed by the terms of such law, rule, regulation, interpretation,
administration, request or directive.

          11.8        Indemnity.          The Borrowers will indemnify Agent and each of Lenders against any loss or expense (but excluding loss of any Applicable Margin) which may arise or be attributable to Agent’s and each Lender’s obtaining, liquidating or employing deposits or other funds acquired to effect, fund or maintain the Advances (a) as a consequence of any failure by any of the Borrowers to make any payment when due of any amount due hereunder in connection with a Eurocurrency-based Advance, (b) due to any failure of any Borrower to borrow, refund or convert on a date specified therefor in a Request for Advance or (c) due to any payment, prepayment or conversion of any Eurocurrency-based Advance on a date other than the last day of the Interest Period for such Advance. Such loss or expense
shall be calculated based upon the present value, as applicable, of payments due from such Borrower with respect to a deposit obtained by Agent or any of Lenders in order to fund such Advance to such Borrower. Agent’s and each Lender’s, as applicable, calculations of any such loss or expense shall be furnished to Company and shall be conclusive, absent manifest error.

          11.9        Judgment Currency.          The obligation of the Borrowers to make payments of the principal of and interest on the outstanding Advances and any other amounts payable hereunder

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in the currency specified for such payment herein shall not be discharged or satisfied by any tender, or any recovery pursuant to any judgment, which is expressed in or converted into any other currency, except to the extent that such tender or recovery shall result in the actual receipt by each of Lenders of the full amount of the particular Permitted Currency expressed to be payable herein.  Agent (or Swing Line Lender, as applicable) shall, using all amounts obtained or received from the Borrowers pursuant to any such tender or recovery in payment of principal of and interest on the outstanding Advances, promptly purchase the applicable Permitted Currency at the most favorable spot exchange rate determined by Agent to be available to it. The obligations of the Borrowers to make payments in the applicable Permitted Currency shall be enforceable as an alternative or additional cause of action solely for the purpose of recovering in the applicable Permitted
Currency the amount, if any, by which such actual receipt shall fall short of the full amount of the Permitted Currency expressed to be payable herein.

          11.10      Capital Adequacy and Other Increased Costs.          In the event that after the Restatement Date the adoption of or any change in any applicable law, treaty, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to any Lender or Agent, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by any Lender or Agent with any guideline, request or directive of any such authority (whether or not having the force of law), including any risk based capital guidelines, affects or would affect the amount of capital required or expected to be maintained by such Lender or Agent (or any corporation controlling such Lender or Agent) and such Lender or Agent, as the

case may be, determines that the amount of such capital is increased by or based upon the existence of such Lender’s or Agent’s obligations or Advances hereunder and such increase has the effect of reducing the rate of return on such Lender’s or Agent’s (or such controlling corporation’s) capital as a consequence of such obligations or Advances hereunder to a level below that which such Lender or Agent (or such controlling corporation) could have achieved but for such circumstances (taking into consideration its policies with respect to capital adequacy) by an amount deemed by such Lender or Agent to be material (collectively, “Increased Costs”), then Agent or such Lender shall notify Company, and thereafter the Borrowers shall pay to such Lender or Agent, as the case may be, from time to time, upon request by such Lender or Agent, additional amounts sufficient to compensate such Lender or Agent (or such controlling corporation) for any increase in the amount of
capital and reduced rate of return which such Lender or Agent reasonably determines to be allocable to the existence of such Lender’s or Agent’s obligations or Advances hereunder;  provided, however that the Borrowers shall not be obligated to reimburse any Lender for any Increased Costs pursuant to this Section 11.10 unless such Lender notifies Company and Agent within 180 days after such affected Lender has obtained actual knowledge of such Increased Costs (but in any event within 365 days after such affected Lender is required to comply with the applicable change in law).  A statement as to the amount of such compensation, prepared in good faith and in reasonable detail by such Lender or Agent, as the case may be, shall be submitted by such Lender or by Agent to Company, reasonably promptly after becoming aware of any event described in this Section 11.10 and shall be conclusive, absent manifest error in computation.

          11.11      Substitution of Lenders.          If (a) any Lender has failed to fund its Revolving Credit Percentage of any Revolving Credit Advance, or to fund a Revolving Credit Advance to repay a Swing Line Advance or any Reimbursement Obligations, (b) the obligation of any Lender to

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make Eurodollar-based Advances has been suspended pursuant to Section 11.3 or 11.4, (c) any Lender has demanded compensation under Section 3.4(d), 11.5 or 11.6 or (d) any Lender has not approved an amendment, waiver or other modification of this Agreement, if such amendment or waiver has been approved by the Required Lenders and the consent of such Lender is required (in each case, an “Affected Lender”), then Agent or the Company shall have the right to make written demand on the Affected Lender (with a copy to the Company in the case of a demand by Agent or with a copy to Agent in the case of a demand by the Company) to assign and the Affected Lender shall assign, to one or more financial institutions that comply with the provisions of Section 14.8 hereof (the “Purchasing Lender” or “Purchasing Lenders”) to purchase the Advances of the Revolving Credit and the Swing Line, as the case may be, of such Affected Lender (including,
without limitation, its participating interests in outstanding Swing Line Advances and Letters of Credit) and assume the commitment of the Affected Lender to extend credit under the Revolving Credit (including without limitation its obligation to purchase participation interests in Swing Line Advances and Letters of Credit) under this Agreement. The Affected Lender shall be obligated to sell its Advances of the Revolving Credit and the Swing Line, as the case may be, and assign its commitment to extend credit under the Revolving Credit (including without limitation its obligations to purchase participation interests in Swing Line Advances and Letters of Credit) to such Purchasing Lender or Purchasing Lenders within ten (10) days after receiving notice from the Company requiring it to do so, at an aggregate price equal to the outstanding principal amount thereof, plus unpaid interest accrued thereon up to but excluding the date of the sale. In connection with any such sale, and as a condition thereof,
the Company shall pay to the Affected Lender all fees accrued for its account hereunder to but excluding the date of such sale, plus, if demanded by the Affected Lender within ten (10) Business Days after such sale, (i) the amount of any compensation which would be due to the Affected Lender under Section 11.1 if the Company or the applicable Permitted Borrower had prepaid the outstanding Eurodollar-based Advances of the Affected Lender on the date of such sale and (ii) any additional compensation accrued for its account under Sections 3.4(c), 11.5, 11.6, 11.7, 11.6 and 11.7 to but excluding said date. Upon such sale, the Purchasing Lender or Purchasing Lenders shall assume the Affected Lender’s commitment, and the Affected Lender shall be released from its obligations hereunder to a corresponding extent. If any Purchasing Lender is not already one of Lenders, the Affected Lender, as assignor, such Purchasing Lender, as assignee, the Company and the Permitted Borrowers and Agent, shall enter into

an Assignment Agreement pursuant to Section 14.8 hereof, whereupon such Purchasing Lender shall be a Lender party to this Agreement, shall be deemed to be an assignee hereunder and shall have all the rights and obligations of a Lender with a Revolving Credit Percentage equal to its ratable share of the then applicable Revolving Credit Aggregate Commitment of the Affected Lender. In connection with any assignment pursuant to this Section 14.2, the Company and the Permitted Borrower or the Purchasing Lender shall pay to Agent the administrative fee for processing such assignment referred to in Section 14.8.

          12.          AGENT

          12.1        Appointment of Agent.          Each Lender and the holder of each Note (if issued) irrevocably appoints and authorizes Agent to act on behalf of such Lender or holder under this Agreement and the other Loan Documents and appoints and authorizes Agent to exercise such powers hereunder and thereunder as are specifically delegated to or required of Agent, as the case may be, by the terms hereof and thereof, together with such powers as may be reasonably

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incidental thereto, including, without limitation, the power to execute or authorize the execution of financing or similar statements or notices and other documents. Each Lender agrees (which agreement shall survive any termination of this Agreement) to reimburse Agent for all reasonable out-of-pocket expenses (including in-house and outside attorneys’ fees) incurred by Agent hereunder or in connection herewith or with an Event of Default or in enforcing the obligations of any of the Borrowers under this Agreement or the other Loan Documents or any other instrument executed pursuant hereto (to the extent of Agent’s powers hereunder or thereunder, as aforesaid), and for which Agent is not reimbursed by the applicable Borrower, pro rata according to such Lender’s Percentage, but excluding any such expenses resulting from the gross negligence or willful misconduct of such Agent, as applicable. Agent shall not be required to take any action under the
Loan Documents, or to prosecute or defend any suit in respect of the Loan Documents, unless indemnified to its satisfaction by Lenders against loss, costs, liability and expense (excluding liability resulting from its gross negligence or willful misconduct). If any indemnity furnished to Agent shall become impaired, it may call for additional indemnity and cease to do the acts indemnified against until such additional indemnity is given.

          12.2        Deposit Account with Agent or any Lender.          Each of the Borrowers hereby authorizes Agent and each Lender, in Agent’s or such Lender’s sole discretion, upon notice to such Borrower to charge its general deposit account, if any, maintained with Agent or such Lender for the amount of any principal, interest, or other amounts or costs due from such Borrower under this Agreement when the same become due and payable under the terms of this Agreement.

          12.3        Exculpatory Provisions.          Agent shall have no duties or responsibilities except those expressly set forth herein and shall not, by reason of this Agreement or otherwise, have a fiduciary relationship with any Lender (and no implied covenants or other obligations shall be read into this Agreement against Agent).  None of Agent, its Affiliates, nor any of their respective directors, officers, attorneys, employees or agents shall be liable to any Lender for any action taken or omitted to be taken by it or them under this Agreement or any document executed pursuant hereto, or in connection herewith or therewith, except for its or their own willful misconduct or gross negligence, nor be responsible for or have any duties to ascertain, inquire into or verify (a) any recitals or warranties
made herein or therein, (b) the effectiveness, enforceability, validity or due execution of this Agreement or any document executed pursuant hereto, or any security thereunder, or to make any inquiry respecting the performance by Company or any of its Subsidiaries (including but not limited to the Permitted Borrowers) of their respective obligations hereunder or thereunder or (c) the satisfaction of any condition hereunder or thereunder, including, without limitation, in connection with the making of any Advance or the issuance of any Letter of Credit.  Agent and its Affiliates shall be entitled to rely upon any certificate, notice, document or other communication (including any cable, telegraph, telex, facsimile transmission or oral communication) believed by it to be genuine and correct and to have been sent or given by or on behalf of a proper person.  Agent may treat the payee of any Note as the holder thereof.  Agent may employ agents and may consult with legal counsel, independent

public accountants and other experts selected by it and shall not be liable to Lenders (except as to money or property received by them or their authorized agents) for the negligence or misconduct of any such agent selected by it with reasonable care or for any action taken or omitted to be taken by it in good faith in accordance with the advice of such counsel, accountants or experts. 

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          12.4        Successor Agent.          Agent may resign as such at any time upon at least 30 days prior notice to Company and all Lenders. If Agent at any time shall resign or if a vacancy shall occur in the office of Agent for any other reason, Required Lenders shall, by written instrument, appoint a successor Agent (consisting of any other Lender or financial institution satisfactory to such Required Lenders) which shall thereupon become Agent hereunder and shall be entitled to receive from the prior Agent such documents of transfer and assignment as such successor agent may reasonably request. Such successor Agent shall succeed to all of the rights and obligations of the retiring Agent as if originally named. The retiring Agent shall duly assign, transfer and deliver to such successor Agent all moneys at the

time held by the retiring agent hereunder after deducting therefrom its expenses for which it is entitled to be reimbursed. Upon such succession of any such successor Agent, the retiring Agent shall be discharged from its duties and obligations hereunder, except for its gross negligence or willful misconduct arising prior to its retirement hereunder, and the provisions of this Section 12 shall continue in effect for its benefit in respect of any actions taken or omitted to be taken by it while it was acting as an Agent hereunder.

          12.5        Loans by Agent.          Agent shall have the same rights and powers with respect to the credit extended by it as any Lender and may exercise the same as if it were not an agent hereunder, and the term “Lender” and, when appropriate, “holder” shall include Agent in its individual capacity.

          12.6        Credit Decisions.          Each Lender acknowledges that it has, independently of Agent and each other Lender and based on the financial statements of the Borrowers and their Subsidiaries and such other documents, information and investigations as it has deemed appropriate, made its own credit decision to extend credit hereunder from time to time. Each Lender also acknowledges that it will, independently of Agent and each other Lender and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any document executed pursuant hereto.

          12.7        Intentionally Omitted

          12.8        Agent’s Fees.          Until the Indebtedness has been repaid and discharged in full and no commitment to fund any loan hereunder is outstanding, Company shall pay to Agent, as applicable, an agency fee(s) set forth (or to be set forth from time to time) in the Fee Letter on the terms set forth therein. Agent’s Fees described in this Section 12.8 shall not be refundable under any circumstances.

          12.9        Nature of Agency.          The appointment of Agent as Agent is for the convenience of Lenders, and the Borrowers in making Advances of the Revolving Credit or any other Indebtedness of the Borrowers hereunder, collecting fees, and principal and interest on the Indebtedness, and otherwise administering this Agreement and the other Loan Documents according to the express terms hereof and thereof.  No Lender is purchasing any Indebtedness from Agent; and this Agreement is not intended to be a purchase or participation agreement (except to the extent of the participations or risk participations acquired pursuant to Sections 2.5(e)(iii) and 3.6(c) hereof).

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          12.10      Authority of Agent to Enforce This Agreement.          Each Lender, subject to the terms and conditions of this Agreement grants Agent with full power and authority as attorney-in-fact to institute and maintain actions, suits or proceedings for the collection of the Indebtedness and enforcement of this Agreement and the other Loan Documents and to file such proofs of debt or other documents as may be necessary to have the claims of Lenders allowed in any proceeding relative to Company, any of its Subsidiaries (including but not limited to the Permitted Borrowers) or their respective creditors or affecting their respective properties, and to take such other actions which Agent considers to be necessary or desirable for the protection, collection and enforcement of the Indebtedness, this Agreement or the other
Loan Documents, but in each case only to the extent of any required approval or direction of the Required Lenders or Lenders, as applicable, obtained by or given to Agent hereunder.

          12.11      Indemnification.          Lenders agree (which agreement shall survive the expiration or termination of this Agreement) to indemnify Agent and its Affiliates (to the extent not reimbursed by the applicable Borrowers, but without limiting any obligation of any of the Borrowers to make such reimbursement as set forth herein and in the other Loan Documents), pro rata according to their respective Percentages, from and against any and all claims, damages, losses, liabilities, costs or expenses of any kind or nature whatsoever (including, without limitation, reasonable fees and expenses of in-house and outside counsel) which may be imposed on, incurred by, or asserted against Agent and its Affiliates in any way relating to or arising out of this Agreement, any of the other Loan Documents or the transactions
contemplated hereby or any action taken or omitted by Agent and its Affiliates under this Agreement or any of the Loan Documents; provided, however, that no Lender shall be liable for any portion of such claims, damages, losses, liabilities, costs or expenses resulting from Agent’s or its Affiliate’s gross negligence or willful misconduct. Without limitation of the foregoing, each Lender agrees to reimburse Agent and its Affiliates promptly upon demand for its ratable share of any reasonable out-of-pocket expenses (including, without limitation, reasonable fees and expenses of house and outside counsel) incurred by Agent and its Affiliates 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 or any of the other Loan Documents, to the extent that Agent and its Affiliates are not reimbursed
for such expenses by Borrowers, but without limiting the obligation of Borrowers to make such reimbursement as otherwise set forth herein or in the other Loan Documents. Each Lender agrees to reimburse Agent and its Affiliates promptly upon demand for its ratable share of any amounts owing to Agent and its Affiliates by Lenders pursuant to this Section, provided that, if Agent or its Affiliates are subsequently reimbursed by Borrowers for such amounts, they shall refund to Lenders on a pro rata basis the amount of any excess reimbursement. If the indemnity furnished to Agent and its Affiliates under this Section shall become impaired as determined in Agent’s reasonable judgment or Agent shall elect in its sole discretion to have such indemnity confirmed by Lenders (as to specific matters or otherwise), Agent shall give notice thereof to each Lender and, until such additional indemnity is provided or such existing indemnity is confirmed, Agent may cease, or not commence, to take any action. Any
amounts paid by Lenders hereunder to Agent or its Affiliates shall be deemed to constitute part of the Indebtedness hereunder.  For purposes of this Section 12.11, “Agent” shall be deemed to include Comerica Bank in its capacity as Swing Line Lender and Issuing Lender.

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          12.12      Knowledge of Default.          It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred and is continuing, unless the officers of Agent immediately responsible for matters concerning this Agreement shall have received a written notice from a Lender or a Borrower specifying such Default or Event of Default and stating that such notice is a “notice of default”. Upon receiving such a notice, Agent shall promptly notify each Lender of such Default or Event of Default and provide each Lender with a copy of such notice and shall endeavor to provide such notice to Lenders within three (3) Business Days (but without any liability whatsoever in the event of its failure to do so). Agent shall also furnish Lenders, promptly upon receipt, with

copies of all other notices or other information required to be provided by Borrowers hereunder.

          12.13      Agent’s Authorization; Action by Lenders.          Except as otherwise expressly provided herein, whenever Agent is authorized and empowered hereunder on behalf of Lenders to give any approval or consent, or to make any request, or to take any other action, on behalf of Lenders (including without limitation the exercise of any right or remedy hereunder or under the other Loan Documents), Agent shall be required to give such approval or consent, or to make such request or to take such other action only when so requested in writing by the Required Lenders or Lenders, as applicable hereunder. Action that may be taken by Required Lenders, any other specified Percentage or all of Lenders, as the case may be (as provided for hereunder), may be taken (i) pursuant to a vote at a meeting (which may be held by
telephone conference call) as to which Agent has made a good faith, diligent effort to give all of Lenders reasonable advance notice, or (ii) pursuant to the written consent of the requisite Percentages of Lenders as required hereunder, provided that all of Lenders are given reasonable advance notice of the requests for such consent.

          12.14      Enforcement Actions by Agent.          Except as otherwise expressly provided under this Agreement or in any of the other Loan Documents and subject to the terms hereof, Agent will take such action, assert such rights and pursue such remedies under this Agreement and the other Loan Documents as the Required Lenders or all of Lenders, as the case may be (as provided for hereunder), shall direct; provided, however, that Agent shall not be required to act or omit to act if, in the reasonable judgment of Agent, such action or omission may expose Agent to personal liability for which Agent has not been satisfactorily indemnified hereunder or is contrary to this Agreement, any of the Loan Documents or applicable law. Except as expressly provided above or elsewhere in this Agreement or the other Loan Documents,
no Lender (other than Agent, acting in its capacity as agent) shall be entitled to take any enforcement action of any kind under this Agreement or any of the other Loan Documents.

          12.15      Collateral Matters.

	
  
 
  	
  
(a)          Authorization.  Agent is authorized on behalf of all   Lenders, without the necessity of any notice to or further consent from   Lenders, from time to time to take any action with respect to any Collateral   or the Collateral Documents which may be necessary to perfect and maintain a   perfected security interest in and Liens upon the Collateral granted pursuant   to the Loan Documents.
  
	
  
 
  	
  
 
  
	
   
  	
  
(b)          Release.
  

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          (i)          Each   of Lenders and Agent, by execution and delivery of this Agreement, hereby   releases all Liens held by Agent for the benefit of Lenders granted under and   pursuant to that certain Security Agreement dated as of July 31, 2003 as   amended, from time to time and any joinder agreement thereto and any other   security agreements relating to the Indebtedness, excluding any Pledge   Agreements (the “Released Security Agreements”).  All obligations (excluding any indemnification provisions or   other provisions which survive termination of the obligations by their   specific terms) of any Person party to the Released Security Agreements shall   be deemed terminated as of the Restatement Date.  Lenders irrevocably authorize Agent to, and Agent shall at   Company’s request and expense, execute, deliver, prepare and file

such UCC-3   termination statements and other releases as may be reasonably necessary to   effectuate the release contained in this clause (i), together with the return   of any possessory collateral to the owner thereof.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
          (ii)          Each   of Lenders and Agent, by execution and delivery of this Agreement, hereby   release all Liens held by Agent for the benefit of Lenders pursuant to any   Pledge Agreement where, as determined on the Restatement Date, the Subsidiary   whose Equity Interests were pledged is no longer a Significant Subsidiary   (the “Released Pledge Agreements”).    All obligations (excluding any indemnification provisions or other   provisions which survive termination of the obligations by their specific   terms) of any Person party to the Released Pledge Agreements shall be deemed   terminated as of the Restatement Date.    Lenders irrevocably authorize Agent to, and Agent shall at Company’s   expense, execute, deliver, prepare and file such UCC-3 termination statements   and other releases as may be reasonably necessary to
effectuate the release   contained in this clause (ii), together with the return of any possessory   collateral to the owner thereof.
  
	
   
  	
  
 
  
	
  
 
  	
  
          (iii)          Each   of Lenders agree to release, and hereby irrevocably authorize Agent to   release any Lien over the Equity Interests of a Foreign Significant   Subsidiary, or any Guaranty or Joinder Agreement executed by a Foreign   Significant Subsidiary (a) where following the enactment of any local law,   statute, regulation or following the opinion of any local court or other   regulatory authority, such Lien or Guaranty violates such law, statute, regulation   or opinion, and where the applicable Pledge Agreement, Guaranty or Joinder   Agreement cannot be amended, modified or otherwise updated to comply with   such applicable law, statute, regulation or opinion, (b) to permit a Foreign   Significant Subsidiary to change its corporate form or where, due to a   reorganization or restructuring performed in compliance with this Agreement   such Lien,

Guaranty or Joinder Agreement must be released to effectuate such   change in corporate form or such reorganization or restructuring, or (c)   where retaining such Lien, Guaranty or Joinder Agreement would violate   Section 956 of the Internal Revenue Code, provided, however, in   each case that where a change in law, regulation or opinion, or the   completion of a change in corporate form, reorganization or restructuring   shall no longer prohibit such Lien, Guaranty or Joinder Agreement, Company   shall comply or cause compliance once again with the requirements of Section   7.16 within such reasonable time period as Agent may specify, provided,   further, where a change in Section 956 of the Internal Revenue Code   permits a grant of a broader Lien or Guaranty than what is specifically   required by Section 7.16, Company shall cause a grant of Lien and/or Guaranty   to the full extent permitted under the modified Section 956 of the Internal   Revenue Code.
  

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          (iv)          Each   of Lenders agrees to release, and hereby irrevocably authorizes Agent to   release, (x) any Lien granted to or held by Agent upon any Collateral (i)   upon termination of the Revolving Credit Aggregate Commitment and payment in   full of all Indebtedness payable under this Agreement and under any other   Loan Document; (ii) constituting property sold or to be sold or disposed of   as part of or in connection with any express disposition permitted hereunder   or constituting property in which the applicable Borrower or Subsidiary owned   no interest at the time the Lien was granted or at any time thereafter; (y)   the Guaranty of any Subsidiary in connection with the sale of all of the   Equity Interests of such Subsidiary and only to the extent that such sale is   expressly permitted hereunder, and (z) any Lien granted to or held by
Agent   upon any Collateral or any Guaranty issued hereunder, but only if and to the   extent (i) required to be released pursuant to any other provisions of this   Agreement or any of the other Loan Documents, or (ii) approved, authorized or   ratified in writing by the Required Lenders as provided in Section 13.11.
  

          Upon request by Agent at any time, Lenders will confirm in writing Agent’s authority to release particular types or items of Collateral, any Guaranty or Joinder Agreement pursuant to this Section 12.15(b)(i)-(iv).

          Agent shall not be required to execute any release described in this Agreement on terms which, in Agent’s opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such Guaranty, Joinder Agreement or Lien without recourse or warranty.  Such release shall not in any manner discharge, affect or impair the Indebtedness or the Liens upon any Collateral retained.

          12.16      Syndication Agent and Documentation Agents.          Any Lender identified on the facing page or signature page of this Agreement or in any amendment hereto or as designated with consent of Agent in any assignment agreement as Lead Arranger, Documentation Agent, Syndications Agent or any similar titles, shall not have any right, power, obligation, liability, responsibility or duty under this Agreement as a result of such title other than those applicable to all Lenders as such. Without limiting the foregoing, Lenders so identified shall not have or be deemed to have any fiduciary relationship with any Lender as a result of such title. Each Lender acknowledges that it has not relied, and will not rely, on Lender so identified in deciding to enter into this Agreement or in taking or not taking action
hereunder.

          13.          MISCELLANEOUS

          13.1        Accounting Principles.          Where the character or amount of any asset or liability or item of income or expense is required to be determined or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, it shall be done in accordance with GAAP.

          13.2        Consent to Jurisdiction.          Each of the Borrowers, Agent and Lenders hereby irrevocably submits to the non-exclusive jurisdiction of any United States Federal or Michigan

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state court sitting in Detroit, Michigan in any action or proceeding arising out of or relating to this Agreement or any of the other Loan Documents and each of the Borrowers, Agent and Lenders hereby irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in any such United States Federal or Michigan state court. Each of the Permitted Borrowers irrevocably appoints Company as its agent for service of process. Each of the Borrowers irrevocably consents to the service of any and all process in any such action or proceeding brought in any court in or of the State of Michigan by the delivery of copies of such process to Company at its address specified on the signature page hereto or by certified mail directed to such address or such other address as may be designated by it in a notice to the other parties that complies as to delivery with the terms of this Agreement. Nothing in this Section shall affect the right of
Lenders and Agent to serve process in any other manner permitted by law or limit the right of Lenders or Agent (or any of them) to bring any such action or proceeding against any of the Borrowers or any of their respective property in the courts with subject matter jurisdiction of any other jurisdiction. Each of the Borrowers hereby irrevocably waives any objection to the laying of venue of any such suit or proceeding in the above described courts.

          13.3        Law of Michigan.          This Agreement has been delivered at Detroit, Michigan, and shall be governed by and construed and enforced in accordance with the laws of the State of Michigan (without regard to its conflict of laws provisions). Whenever possible each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement.

          13.4        Interest.          In the event the obligation of any of the Borrowers to pay interest on the principal balance of the outstanding Advances is or becomes in excess of the maximum interest rate which such Borrower is permitted by law to contract or agree to pay, giving due consideration to the execution date of this Agreement, then, in that event, the rate of interest applicable with respect to any Lender’s Percentage of the Revolving Credit, as applicable, shall be deemed to be immediately reduced to such maximum rate and all previous payments in excess of the maximum rate shall be deemed to have been payments in reduction of principal and not of interest, provided, however, in the case of any Foreign Permitted Borrower which is prohibited from making its full interest payment as otherwise
required by this Agreement, the Company and the Domestic Permitted Borrowers hereby agree to pay to Agent, for distribution to Lenders, a non-refundable fee quarterly in arrears, in an amount equal to any interest which would  otherwise be due from a Foreign Permitted Borrower pursuant to the terms of this Agreement prior to reduction of such interest amount due to operation of this Section 13.4.

          13.5        Closing Costs; Other Costs.          Borrowers shall pay or reimburse Agent for their own accounts or on behalf of Lenders for payment of, on demand (a) all closing costs and expenses, including, by way of description and not limitation, in-house and outside attorney fees and advances, appraisal and accounting fees, title and lien search fees, and required travel costs, incurred by Agent in connection with the commitment, consummation and closing of the loans contemplated hereby, or in connection with any refinancing or restructuring of the loans or advances provided under this Agreement or the other Loan Documents, or any amendment thereof or waiver or consent with respect thereto requested by Borrowers; and (b) all stamp and

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other taxes and fees payable or determined to be payable (by either of Agent or any Lender) in connection with the execution, delivery, filing or recording of this Agreement and the Loan Documents and the consummation of the transactions contemplated hereby, and any and all liabilities with respect to or resulting from any delay in paying or omitting to pay such taxes or fees. Furthermore, all reasonable costs and expenses, including without limitation attorney fees, and costs and expenses to Environmental Auditors retained by Agent hereunder, incurred by Agent in revising, preserving, protecting, exercising or enforcing any of its or any of Lenders’ rights against any of the Borrowers, or otherwise incurred by Agent and by Lenders (using a single law firm retained by Agent, with the approval of the Required Lenders) in connection with any Event of Default or the enforcement of the loans (whether incurred through negotiations, legal proceedings or otherwise),

including by way of description and not limitation, such charges in any court or bankruptcy proceedings or arising out of any claim or action by any person against Agent or any Lender which would not have been asserted were it not for Agent’s or such Lender’s relationship with the Borrowers hereunder or otherwise, shall also be paid by the Borrowers. All of said amounts required to be paid by Borrowers hereunder and not paid forthwith upon demand, as aforesaid, shall bear interest, from the date incurred to the date payment is received by Agent at the Prime-based Rate, plus three percent (3%).

          13.6        Notices.          (a)          Except as otherwise expressly set forth in this Agreement, all notices and other communications provided to any party hereto under this Agreement or any other Loan Document shall be in writing and shall be given by personal delivery, by mail, by reputable overnight courier, by telex or by facsimile and addressed or delivered to it at its address set forth on the administrative detail forms on file with Agent or at such other address as may be designated by such party in a notice to the other parties that complies as to delivery with the terms of this Section 13.6. Any notice, if personally delivered or if mailed and properly addressed with postage prepaid and sent by registered or certified mail, shall be deemed given
when received or when delivery is refused; any notice, if given to a reputable overnight courier and properly addressed, shall be deemed given two (2) Business Days after the date on which it was sent, unless it is actually received sooner by the named addressee; and any notice, if transmitted by telex or facsimile, shall be deemed given when received (answer back confirmed in the case of telexes and receipt confirmed in the case of telecopies). Agent may, but, except as specifically provided herein, shall not be required to, take any action on the basis of any notice given to it by telephone, but the giver of any such notice shall promptly confirm such notice in writing or by telex or facsimile, and such notice will not be deemed to have been received until such confirmation is deemed received in accordance with the provisions of this Section set forth above. If such telephonic notice conflicts with any such confirmation, the terms of such telephonic notice shall control.  Any notice given by
Agent or any Lender to Company shall be deemed a notice to all of Company’s Subsidiaries.

          (b)          Notices and other communications provided to any Agent and Lenders party hereto under this Agreement or any other Loan Document may be delivered or furnished by electronic communication (including email and Internet or intranet websites) pursuant to procedures approved by Agent.  Agent or the Borrowers may, in their discretion, agree to accept notices and other communications to them hereunder by electronic communications (including email and Internet or intranet websites) pursuant to procedures approved by them.  Unless otherwise agreed to in a writing by and among the parties to a particular communication, (i) notices and other communications sent to an email address shall be deemed received upon the 

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sender’s receipt of an acknowledgment from the intended recipient (such as by the “return receipt requested” function, return email, or other written acknowledgment) and (ii) notices and other communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its email address as described in the foregoing clause (i) of notification that such notice or other communication is available and identifying the website address therefore.  

          13.7        Further Action.          The Borrowers, from time to time, upon written request of Agent will make, execute, acknowledge and deliver or cause to be made, executed, acknowledged and delivered, all such further and additional instruments, and take all such further action, as may be required to carry out the intent and purpose of this Agreement, and to provide for Advances under this Agreement, according to the intent and purpose herein and therein expressed.

          13.8        Successors and Assigns; Assignments and Participations.

	
  
 
  	
  
(a)
  	
  
This   Agreement shall be binding upon and shall inure to the benefit of the Borrowers   and Lenders and their respective successors and assigns.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
The   foregoing shall not authorize any assignment by any of the Borrowers, of its   rights or duties hereunder, and no such assignment shall be made (or   effective) without the prior written approval of Lenders.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
The   Borrowers and Agent acknowledge that each of Lenders may at any time and from   time to time, subject to the terms and conditions hereof (including Section   13.14 hereof), (i) assign or grant participations in such Lender’s rights and   obligations hereunder and under the other Loan Documents to any commercial   bank, savings and loan association, insurance company, pension fund, mutual   fund, commercial finance company or other similar financial institution, the   identity of which institution is approved by Company and Agent, such approval   not to be unreasonably withheld or delayed; provided, however, that (x) the   approval of Company shall not be required upon the occurrence and during the   continuance of a Default or Event of Default and (y) the approval of Company   and Agent shall not be required for any such sale, transfer, assignment or   participation to the Affiliate of an assigning Lender, any other Lender or   any Federal Reserve Bank
and (ii) grant to an SPFV the option to fund all or   any part of any Advance that the Granting Lender would otherwise be obligated   to fund pursuant to this Agreement; provided, however, that (A) nothing   herein shall constitute a commitment by any SPFV to fund any Advance, but if   an SPFV elects not to fund all or any part of an Advance hereunder, the   Granting Lender shall be obligated to fund such Advance pursuant to the terms   hereof; (B) the funding of any Advance by an SPFV hereunder shall be credited   against the applicable commitment of the Granting Lender to fund such Advance   to the same extent as, and as if, such Advance were funded by such Granting   Lender and any payments in respect of an Advance (or portion thereof)   previously funded by any SPFV shall be paid, for the account of such SPFV, to   its Granting Lender, as agent for such SPFV; (C) each SPFV shall have all the   rights that a Lender making such Advances or any portion thereof would have   had under this 

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Agreement   (provided that each SPFV shall have granted to its Granting Lender an   irrevocable power of attorney to deliver and receive all communications and   notices under this Agreement and the other Loan Documents and to exercise on   behalf of such SPFV all such SPFV’s voting rights under this Agreement) and   no additional Note or other instrument shall be required to evidence the   Advances or portion thereof funded by any SPFV, each related Granting Lender   being deemed to hold its Note as agent for such SPFV to the extent of the   Advances or portion thereof funded by such SPFV; (D) Company and Agent agree   that no SPFV shall be liable for any indemnity or payment under this   Agreement for which a Granting Lender would otherwise be liable so long as,   and to the extent, the Granting Lender provides such indemnity or makes such payment,   as the case may be; and (E) an SPFV may, at any time and without paying any   processing fee therefor,
assign or participate all or a portion of its   interest in any Advances to the Granting Lender or to any financial   institutions providing liquidity and/or credit support to or for the account   of SPFV to support the funding or maintenance of Advances (provided that the   rights of any such assignee or participant shall be subject to and limited as   set forth in this clause (ii) of Section 13.8(c)). Each of the Borrowers   authorize each Lender to disclose to any prospective assignee or participant,   once approved by Company and Agent and to any assignee under an assignment   not required to be approved by Company pursuant to clauses (x) and (y) of the   first proviso of this Section 13.8(c) and to an SPFV (and on a confidential   basis to any Rating Agency, commercial paper dealer or provider of any surety   or guaranty to such SPFV), any and all financial information in such Lender’s   possession concerning such Borrower which has been delivered to such Lender   pursuant to this Agreement;

provided that each such prospective participant   shall execute a confidentiality agreement consistent with the terms of   Section 13.13 hereof.  Clause (ii),   the definition of “Granting Lender,” and the immediately preceding sentence   of this Section 13.8(c) may not be amended without the prior written consent   of each Granting Lender, all or any part of whose Advances are being funded   by an SPFV at the time of any such amendment; and each party hereto agrees   (which agreement shall survive the termination of this Agreement) that, prior   to the date that is one year and one day after the payment in full of all   outstanding commercial paper or other senior indebtedness of any SPFV, it   will not, on the basis of any claim or matter arising under or in connection   with or otherwise relating to this Agreement, institute against, or join any   other person in instituting against such SPFV any bankruptcy, reorganization,   arrangement, insolvency or liquidation proceedings under
the laws of the   United States of America or any state or political subdivision thereof.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Each   assignment by a Lender of any portion of its rights and/or obligations   hereunder and under the other Loan Documents, other than assignments to such   Lender’s Affiliates or to a Federal Reserve Bank under Section 13.8(c)(ii)   hereof, shall be made pursuant to an Assignment Agreement (“Assignment   Agreement”) substantially (as determined by Agent), in the form attached   hereto as Exhibit E (with appropriate insertions acceptable to Agent) and   shall be subject to the terms and conditions hereof, and to the following   restrictions:
  

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(i)
  	
  
each partial   assignment shall be made as an assignment of a part of all of the assigning   Lender’s rights and obligations hereunder;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
(ii)
  	
  
each   assignment shall be in a minimum amount of the lesser of (x) Five Million   Dollars ($5,000,000) and (y) the entire remaining amount of assigning   Lender’s interest in the Revolving Credit (and participations in any   outstanding Letters of Credit); provided however that, after giving effect to   such assignment, in no event shall the entire remaining amount (if any)   of  assigning Lender’s interest in the   Revolving Credit (and participations in any outstanding Letters of Credit) be   less than $5,000,000;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iii)
  	
  
no   assignment shall be effective unless Agent has received from the assignee (or   from the assigning Lender) an assignment fee of $3,500 for each such   assignment.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
In   connection with any assignment subject to this Section 13.8(d), each of the   Borrowers and Agent shall be entitled to continue to deal solely and directly   with the assigning Lender in connection with the interest so assigned until   (x) Agent shall have received a notice of assignment duly executed by the   assigning Lender and an Assignment Agreement (with respect thereto) duly   executed by the assigning Lender and each assignee; and (y) the assigning   Lender shall have delivered to Agent the original of each Note, if any, issued   to such Lender, held by the assigning Lender under this Agreement.  From and after the date on which Agent   shall notify Company and Lender which has accepted an assignment subject to   this Section 13.8(d) that the foregoing conditions shall have been satisfied   and all consents (if any) required shall have been given, the assignee   thereunder shall be deemed to be a party to this Agreement. To the extent   that
rights and obligations hereunder shall have been assigned to such   assignee as provided in such notice of assignment (and Assignment Agreement),   such assignee shall have the rights and obligations of a Lender under this   Agreement and the other Loan Documents (including without limitation the   right to receive fees payable hereunder in respect of the period following   such assignment). In addition, the assigning Lender, to the extent that   rights and obligations hereunder shall have been assigned by it as provided   in such notice of assignment (and Assignment Agreement), but not otherwise,   shall relinquish its rights and be released from its obligations under this   Agreement and the other Loan Documents.    Schedule 1.1 to this Agreement shall be deemed to be amended to   reflect the applicable new Percentages of Lenders (including the assignee   Lender), taking into account such assignment.
  
	
   
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Each Lender   agrees that any participation agreement permitted hereunder shall comply with   all applicable laws and shall be subject to the following restrictions (which   shall be set forth in the applicable participation agreement):
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(i)
  	
  
such Lender   shall remain the holder of its interest in the Indebtedness hereunder,   notwithstanding any such participation;
  

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(ii)
  	
  
except as   expressly set forth in this Section 13.8(e) with respect to rights of setoff   and the benefits of Section 11 hereof, a participant shall have no direct   rights or remedies hereunder;
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
(iii)
  	
  
such Lender   shall retain the sole right and responsibility to enforce the obligations of   the Borrowers relating to this Agreement and the other Loan Documents,   including, without limitation, the right to proceed against any Guarantors,   or cause Agent to do so (subject to the terms and conditions hereof), and the   right to approve any amendment, modification or waiver of any provision of   this Agreement without the consent of the participant, except in the case of   participations granted to an Affiliate of such Lender and except for those   matters covered by Section 13.11(a) through (e) and (h) hereof (provided that   a participant may exercise approval rights over such matters only on an   indirect basis, acting through such Lender, and the Borrowers, Agent and the   other Lenders may continue to deal directly with such Lender in connection   with such Lender’s rights and duties hereunder); and
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
(iv)
  	
  
such Lender   shall maintain at its principal office a copy of such participation agreement   and a register for the recordation of the names and addresses of the   participants, the percentage of the Indebtedness (and related commitments)   held by such participants and the principal amount of each type of Advance to   which each such participation agreement relates.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
Each of the   Borrowers agrees that each participant shall be deemed to have the right of   setoff under Section 10.4 hereof in respect of its participation interest in   amounts owing under this Agreement and the other Loan Documents to the same   extent as if the Indebtedness were owing directly to it as a Lender under   this Agreement, shall be subject to the pro rata recovery provisions of   Section 10.3 hereof and shall be entitled to the benefits of Section 11   hereof. The amount, terms and conditions of any participation shall be as set   forth in the participation agreement between Issuing Lender and the Person   purchasing such participation, and the Borrowers, Agent and the other Lenders   shall not have any responsibility or obligation with respect thereto, or to   any Person to whom any such participation may be issued.  No such participation shall relieve any   issuing Lender of any of its obligations under this Agreement or any of the   other
Loan Documents, and all actions hereunder shall be conducted as if no   such participation had been granted.
  
	
   
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Agent shall   maintain at its principal office a copy of each Assignment Agreement   delivered to it and a register (the “Register”) for the recordation of the   names and addresses of Lenders, the Percentages of such Lenders and the   principal amount of each type of Advance owing to each such Lender from time   to time.  The entries in the Register   shall be conclusive evidence, absent manifest error, and the Borrowers,   Agent, and Lenders may treat each Person whose name is recorded in the   Register as the owner of the Advances recorded therein for all purposes of   this Agreement.  
  

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The Register   shall be available for inspection by the Borrowers or any Lender upon   reasonable notice to Agent and a copy of such information shall be provided   to any such party on their prior written request.  Agent shall give prompt written notice to Company of the making   of any entry in the Register or any change in such entry.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(g)
  	
  
Nothing in   this Agreement, or the other Loan Documents, expressed or implied, is   intended to or shall confer on any Person other than the respective parties   hereto and thereto and their successors and assignees and participants   permitted hereunder and thereunder any benefit or any legal or equitable   right, remedy or other claim under this Agreement, or the other Loan   Documents.
  

          13.9        Indulgence.          No delay or failure of Agent and Lenders in exercising any right, power or privilege hereunder shall affect such right, power or privilege nor shall any single or partial exercise thereof preclude any other or further exercise thereof, or the exercise of any other right, power or privilege. The rights of Agent and Lenders hereunder are cumulative and are not exclusive of any rights or remedies which Agent and Lenders would otherwise have.

          13.10      Counterparts.          This Agreement may be executed in several counterparts, and each executed copy shall constitute an original instrument, but such counterparts shall together constitute but one and the same instrument.

          13.11      Amendment and Waiver.          No amendment or waiver of any provision of this Agreement or any other Loan Document, or consent to any departure by Company and its Subsidiaries therefrom, shall in any event be effective unless the same shall be in writing and signed by Agent and the Required Lenders (or signed by Agent at the direction of the Required 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 Lender or Lenders affected thereby, do any of the following: (a) increase such Lender’s commitments hereunder, (b) reduce the principal of, or interest on (other than default interest accruing pursuant to Section 2.9 hereof), the

Indebtedness or any Fees or other amounts payable hereunder, (c) postpone any date fixed for any payment of principal of, or interest on, the outstanding Indebtedness or any Fees or other amounts payable hereunder, (d) except as expressly permitted hereunder or under the Collateral Documents, release all or substantially all of the Collateral (provided that neither Agent nor any Lender shall be prohibited thereby from proposing or participating in a consensual or nonconsensual debtor-in-possession or similar financing) or release any material Guaranty or Joinder Agreement provided by any Person in favor of Agent and Lenders, provided, however, that Agent shall be entitled, without notice to or any further action or consent of Lenders, to release any Collateral which either Company or any of its Subsidiaries is permitted to sell, assign or otherwise transfer in compliance with this Agreement or the other Loan Documents or release any Guaranty to the extent expressly permitted in this Agreement or any
of the other Loan Documents (whether in connection with the sale, transfer or other disposition of the applicable Guarantor or otherwise), (e) terminate or modify any indemnity provided to Lenders, hereunder or under the other Loan Documents, except as shall be otherwise expressly provided in this Agreement or any other Loan Document, (f) change the definitions of “Required Lenders”, “Interest Periods”, “Alternative Currencies”, “Permitted Borrower” or “Percentage”; Section 10.2 or this Section 13.11 and 

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provided further, however, that no amendment, waiver or consent hereunder shall, unless in writing and signed by Swing Line Lender do any of the following:  (x) reduce the principal of, or interest on, the Swing Line Note or (y) postpone any date fixed for any payment of principal of, or interest on, the Swing Line Note and provided, further, that no amendment, waiver or consent shall, unless in a writing signed by Agent affect the rights or duties of Agent under this Agreement or any other Loan Document and no amendment, waiver or consent shall, unless in a writing signed by Issuing Lender affect the rights or duties of Issuing Lender under this Agreement or any of the other Loan Documents. All references in this Agreement to “Lenders” or “Lenders” shall refer to all Lenders, unless expressly stated to refer to “Required Lenders” or the like.

          13.12      Taxes and Fees.          Should any tax (other than a tax based upon the net income of any Lender or Agent by any jurisdiction where a Lender or Agent is located), recording or filing fee become payable in respect of the execution and/or delivery of this Agreement or any of the other Loan Documents or any amendment, modification or supplement hereof or thereof, each of the Borrowers agree to pay the same together with any interest or penalties thereon and agree to hold Agent and Lenders harmless with respect thereto.

          13.13      Confidentiality.          Each Lender agrees that without the prior consent of Company, it will not disclose (other than to its employees or to employees of any of its Affiliates, to another Lender or to any of their respective auditors or counsel who have agreed or are otherwise bound to maintain the confidentiality of such information in accordance with this Section 13.13) any information with respect to Company or any of its Subsidiaries or any of the Permitted Borrowers which is furnished pursuant to the terms and conditions of this Agreement or any of the other Loan Documents or which is designated (in writing) by any of the Borrowers to be confidential; provided that any Lender may disclose any such information (a) as has become generally available to the public or has been lawfully obtained by such
Lender from any third party under no duty of confidentiality to such Borrower known to such Lender after reasonable inquiry, (b) as may be required in any report, statement or testimony submitted to, or in respect of any inquiry by, any municipal, state or federal regulatory body having or claiming to have jurisdiction over such Lender, including the Board of Governors of the Federal Reserve System of the United States, the Office of the Comptroller of the Currency, or the Federal Deposit Insurance Corporation or similar organizations (whether in the United States or elsewhere) or their successors, (c) as may be required in respect of any summons or subpoena or in connection with any litigation, (d) in order to comply with any law, order, regulation or ruling applicable to such Lender, and (e) to any permitted transferee or assignee or to any approved participant of, or with respect to, an interest in this Agreement and the other Loan Documents, as aforesaid.

          13.14      Withholding Taxes.          If any Lender is not a “United States person” within the meaning of Section 7701(a)(30) of the Internal Revenue Code, such Lender shall promptly (but in any event prior to the initial payment of interest hereunder or prior to its accepting any assignment under this Agreement) deliver to Agent (and Agent will exercise good faith diligent efforts to promptly deliver the same to Company) two executed copies of (i) Internal Revenue Service Form W-8 BEN or applicable successor form specifying the applicable tax treaty between the United States and the jurisdiction of such Lender’s domicile which provides for the exemption from withholding on interest payments to such Lender, (ii) Internal Revenue Service Form W-8 ECI or applicable successor form evidencing that the
income to be received by such 

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Lender hereunder is effectively connected with the conduct of a trade or business in the United States or (iii) other evidence satisfactory to Agent that such Lender is exempt from United States income tax withholding with respect to such income; provided, however, that such Lender shall not be required to deliver to Agent the aforesaid forms or other evidence with respect to (i) Advances to any Foreign Subsidiary which is or becomes a Permitted Borrower hereunder or (ii) with respect to Advances to Company or any Domestic Subsidiary which is or becomes a Permitted Borrower hereunder, if such Lender has assigned its interest in the Revolving Credit (including any outstanding Advances thereunder and participations in Letters of Credit issued hereunder) and any Notes issued to it by Company, or any Domestic Subsidiary (if any) which is or subsequently becomes a Permitted Borrower hereunder, to an Affiliate which is incorporated under the laws of the United States or

a state thereof, and so notifies Agent. Such Lender shall amend or supplement any such form or evidence as required to insure that it is accurate, complete and non-misleading at all times. Promptly upon notice from Agent of any determination by the Internal Revenue Service that any payments previously made to such Lender hereunder were subject to United States income tax withholding when made, such Lender shall pay to Agent the excess of the aggregate amount required to be withheld from such payments over the aggregate amount actually withheld by Agent. In addition, from time to time upon the reasonable request and at the sole expense of the Borrowers, each Lender and Agent shall (to the extent it is able to do so based upon applicable facts and circumstances), complete and provide the Borrowers with such forms, certificates or other documents as may be reasonably necessary to allow the Borrowers to make any payment under this Agreement or the other Loan Documents without any withholding for or on the

account of any tax under Section 10.1(d) hereof (or with such withholding at a reduced rate), provided that the execution and delivery of such forms, certificates or other documents does not adversely affect or otherwise restrict the right and benefits (including without limitation economic benefits) available to such of Lender or Agent, as the case may be, under this Agreement or any of the other Loan Documents, or under or in connection with any transactions not related to the transactions contemplated hereby.

          13.15      ERISA Restrictions.          To the extent any Advance hereunder is funded by or on behalf of an insurance company, bank, or other Person deemed to hold assets of any employee benefit plan subject to ERISA or other plan as defined in and subject to the prohibited transaction provisions of Section 4975 of the Internal Revenue Code pursuant to applicable Department of Labor regulations (the “Plan Asset Regulations”), or any such plan acting on its own behalf, such insurance company, bank, entity or plan warrants and represents that at least one of the following statements is an accurate representation as to each source of funds (a “Source”) to be used by such insurance company, bank, entity or plan to fund the Advance(s) hereunder:

	
  
 
  	
  
(a)
  	
  
the Source   consists of plan assets subject to the discretionary authority or control of   an in-house asset manager (“INHAM”) as such term is defined in Section IV(a)   of Prohibited Transaction Class Exemption 96-23 (issued April 10, 1996)   (“PTCE 96-23”), and the funding of the Advance(s) hereunder is exempt under the   provisions of PTCE 96-23; or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
the Source   is an “insurance company general account” as such term is defined in Section   V(e) of Prohibited Transaction Class Exemption 95-60 (issued July 12, 1995)   (“PTCE 95-60”), and the funding of the Advance(s) hereunder is exempt under   the provisions of PTCE 95-60; or
  

113

	
  
 
  	
  
(c)
  	
  
the Source   is either (x) an insurance company pooled separate account, within the   meaning of Prohibited Transaction Class Exemption 90-1 (issued January 29,   1990) (“PTCE 90-1”) or (y) a bank collective investment fund, within the   meaning of Prohibited Transaction Class Exemption 91-38 (issued July 12,   1991) (“PTCE 91-38”) and, except as such insurance company or bank has   disclosed to Company in writing pursuant to this paragraph (ii), no plan or   group of plans maintained by the same employer or employee organization,   beneficially owns more than 10% of all assets allocated to such pooled   separate account or collective investment fund; and, in either such case, all   records necessary to establish the availability of each exemption by reason   thereof will be maintained and made available as required by the terms of   such exemption; or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
the Source   is an “investment fund” (within the meaning of Part V of Prohibited Transaction   Class Exemption 84-14 (issued March 13, 1984) (the “QPAM Exemption”)) managed   by a “qualified professional asset manager” (“QPAM”) within the meaning of   Part V of the QPAM exemption) which has been identified pursuant to this   paragraph (iii), such that the funding of the Advance(s) by or on behalf of   such investment fund is exempt from the application of the prohibited   transaction rules of ERISA and Section 4975 of the Internal Revenue Code,   provided that no party to the transactions described in this Agreement and no   affiliate (within the meaning of Section V(c)(1) of the QPAM Exemption) of   such party has, or at any time during the immediately preceding year   exercised, the authority to appoint or terminate the identified QPAM as   manager of the assets of any employee benefit plan that has an interest in   such
investment fund (which plans have been identified pursuant to this   paragraph (iii)) or to negotiate the terms of said QPAM’s management   agreement on behalf of any such identified plan; or
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
the Source   is a “governmental plan” as defined in Title 1, Section 3(32) of ERISA; or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
the Source   is one or more “employee benefit plans” (or other plan as defined in and   subject to Section 4975 of the Internal Revenue Code) or a separate account,   trust fund, or other entity comprised of one or more such plans (determined   after giving effect to the Plan Asset Regulations) each of which has been   identified to Company in writing pursuant to this paragraph (v); or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
the Source   does not include assets of any employee benefit plan or other plan, other   than a plan exempt from coverage under ERISA and from the prohibited   transactions of Section 4975 of the Internal Revenue Code.
  

          13.16      Restatement Date.          This Agreement shall become effective upon the Restatement Date, and shall remain effective until the Indebtedness has been repaid and discharged in full and no commitment to extend any credit hereunder remains outstanding.  Those Permitted Borrowers 

114

not signatories to this Agreement on the Restatement Date shall become obligated hereunder (and shall be deemed parties to this Agreement) upon the execution and delivery, according to the terms and conditions set forth in Section 2.1 hereof, of a Permitted Borrower Addendum.

          13.17      Severability.          In case any one or more of the obligations of any of the Borrowers under this Agreement, or any of the other Loan Documents shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining obligations of such Borrower shall not in any way be affected or impaired thereby, and such invalidity, illegality or unenforceability in one jurisdiction shall not affect the validity, legality or enforceability of the obligations of or such Borrower under this Agreement or any of the other Loan Documents in any other jurisdiction.

          13.18      Table of Contents and Headings; Construction of Certain Provisions.          The table of contents and the headings of the various subdivisions hereof are for convenience of reference only and shall in no way modify or affect any of the terms or provisions hereof.  If any provision of this Agreement or any of the other Loan Documents refers to any action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person, whether or not expressly specified in such provision.

          13.19      Independence of Covenants.          Each covenant hereunder shall be given independent effect (subject to any exceptions stated in such covenant) so that if a particular action or condition is not permitted by any such covenant (taking into account any such stated exception), the fact that it would be permitted by an exception to, or would be otherwise within the limitations of, another covenant shall not avoid the occurrence of a Default or an Event of Default if such action is taken or such condition exists.

          13.20      Reliance on and Survival of Various Provisions.          All terms, covenants, agreements, representations and warranties of the Borrowers or any other Person party to any of the Loan Documents made herein or in any of the other Loan Documents or in any certificate, report, financial statement or other document furnished by or on behalf of Company or any such Person in connection with this Agreement or any of the other Loan Documents shall be deemed to have been relied upon by Lenders, notwithstanding any investigation heretofore or hereafter made by any Lender or on such Lender’s behalf, and those covenants and agreements of the Borrowers set forth in Section 11.8 hereof (together with any other indemnities of the Borrowers contained elsewhere in this Agreement or in any of the other Loan Documents and
of Lenders set forth in Sections 12.1, 12.12 and 13.13 hereof shall, notwithstanding anything to the contrary contained in this Agreement, survive the repayment in full of the Indebtedness and the termination of any commitments to make Advances hereunder.

          13.21      WAIVER OF JURY TRIAL.          LENDERS, AGENT AND THE BORROWERS KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT ANY OF THEM MAY HAVE TO A TRIAL BY JURY IN ANY LITIGATION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY RELATED INSTRUMENT OR AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY COURSE OF CONDUCT, DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN) OR ACTION OF ANY OF THEM. NEITHER LENDERS, AGENT 

115

NOR THE BORROWERS SHALL SEEK TO CONSOLIDATE, BY COUNTERCLAIM OR OTHERWISE, ANY SUCH ACTION IN WHICH A JURY TRIAL HAS BEEN WAIVED WITH ANY OTHER ACTION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED. THESE PROVISIONS SHALL NOT BE DEEMED TO HAVE BEEN MODIFIED IN ANY RESPECT OR RELINQUISHED BY LENDERS AND AGENT OR THE BORROWERS EXCEPT BY A WRITTEN INSTRUMENT EXECUTED BY ALL OF THEM.

          13.22      Complete Agreement; Amendment and Restatements.          This Agreement, the Notes (if issued), any Requests for Advance or Letters of Credit hereunder, the other Loan Documents and any agreements, certificates, or other documents given to secure the Indebtedness, contain the entire agreement of the parties hereto, and none of the parties hereto shall be bound by anything not expressed in writing.  This Agreement constitutes an amendment and restatement of the Prior Credit Agreement, which Prior Credit Agreement is fully superseded and amended and restated in its entirety hereby; provided, however, that the Indebtedness governed by the Prior Credit Agreement shall remain outstanding and in full force and effect and provided further that this Agreement does not constitute a novation of such
Indebtedness.

          13.23      Patriot Act Notice.

          Pursuant to Section 326 of USA Patriot Act, Agent and Lenders hereby notify the Borrowers that if they or any of their Subsidiaries open an account, including any loan, deposit account, treasury management account, or other extension of credit with Agent or any Lender, Agent or the applicable Lender will request the applicable Person’s name, tax identification number, business address and other information necessary to identify such Person (and may request such Person’s organizational documents or other identifying documents) to the extent necessary for Agent and the applicable Lender to comply with the USA Patriot Act.

          13.24      Advertisements.

          Agent and Lenders may disclose the names of the Borrowers and the existence of the Indebtedness in general advertisements and trade publications, subject to the confidentiality provisions contained in Section 13.13 hereof and any confidentiality provisions contained in the other Loan Documents.

[SIGNATURES FOLLOW ON SUCCEEDING PAGES]

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          WITNESS the due execution hereof as of the day and year first above written.

	
  
COMPANY:
  	
  
 
  
	
  
 
  	
  
 
  
	
  
VISHAY INTERTECHNOLOGY, INC.
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  By:
  	
  
/s/ Richard   N. Grubb
  	
  
 
  
	
  
 
  	
  

  	
  
 
  
	
  
Its: 
  	
  
Executive   Vice President,

Chief Financial Officer and Treasurer
  	
  
 
  
	
  
 
  	
  
63 Lancaster   Avenue
  	
  
 
  
	
  
 
  	
  
Malvern,   Pennsylvania 19355
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  
	
  
PERMITTED   BORROWERS:
  	
  
 
  
	
   
  	
  
 
  
	
  
SILICONIX INCORPORATED
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
By:
  	
  
/s/ Richard   N. Grubb
  	
  
 
  
	
  
 
  	
  

  	
  
 
  
	
  
Its:
  	
  
Treasurer
  	
  
 
  

	
  
 
  	
  
AGENT:
  
	
   
  	
  
 
  
	
  
 
  	
  
COMERICA BANK, As Agent
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
Vice   President
  
	
  
 
  	
  
 
  	
  
One Detroit   Center
  
	
  
 
  	
  
 
  	
  
500 Woodward   Avenue
  
	
  
 
  	
  
 
  	
  
Detroit,   Michigan 48226
  
	
   
  	
  
 
  	
  
Attention:   Corporate Finance
  
	
  
 
  	
  
 
  
	
  
 
  	
  
COMERICA BANK, individually, as a
   Lender, Swing Line Lender and as Issuing
   Lender
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

2

	
  
 
  	
  
BANK OF AMERICA N.A.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

3

	
  
 
  	
  
JP MORGAN CHASE, N.A.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

4

	
  
 
  	
  
WACHOVIA BANK NATIONAL ASSOCIATION
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

5

	
  
 
  	
  
BANK LEUMI U.S.A.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

6

	
  
 
  	
  
BANK OF TOKYO-MITSUBISHI UFJ TRUST COMPANY
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

7

	
  
 
  	
  
HSBC BANK USA, NATIONAL ASSOCIATION
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

8

	
  
 
  	
  
BANK HAPOALIM B.M.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

9

	
  
 
  	
  
PNC BANK, NATIONAL ASSOCIATION
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Its:
  	
  
 
  
	
  
 
  	
  
 
  	
  

  

10

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