Document:

exv10w41

 

Exhibit 10.41

ASYST TECHNOLOGIES, INC.

CHANGE-IN-CONTROL AGREEMENT

     THIS CHANGE-IN-CONTROL AGREEMENT (this “Agreement”) is made and entered into as of May 22,
2006 (the “Effective Date”), by and between Asyst Technologies, Inc., a California corporation
(“Asyst”), and Alan S. Lowe (the “Executive”).

     WHEREAS, Asyst considers it essential to foster the continued employment of key management
personnel and recognizes the distraction and disruption that the possibility of a Change in Control
(as defined in Section 1(e) below) may raise, to the detriment of Asyst and its stockholders; and

     WHEREAS, Asyst has determined to take appropriate steps to reinforce and encourage the
continued attention and dedication of key management personnel to their assigned duties in the face
of a possible Change in Control;

     NOW, THEREFORE, in consideration of the promises and the mutual covenants contained herein,
Asyst and the Executive hereby agree as follows:

     1. DEFINITIONS.

          (a) “Base Salary” shall mean the annualized base salary of the Executive at the time of
termination of his employment, within the application of this Agreement.

          (b) “Beneficiary” shall mean (i) the person or persons named, by the Executive by written
notice to Asyst, to receive any compensation or benefit payable under this Agreement, or (ii) in
the event of his death, if no such person is named and survives the Executive, his estate.

          (c) “Board” shall mean the Board of Directors of Asyst, acting in such capacity.

          (d) “Cause” shall mean any of the following, occurring during the term of the Executive’s
employment or employment relationship with Asyst:

               (i) the Executive’s conviction in a court of law of, or guilty plea, no contest plea or nolo
contendere plea to, a felony charge;

               (ii) willful, substantial and continued failure by the Executive to perform the duties of his
position after receiving notice of the same;

               (iii) willful engagement by the Executive in conduct that is demonstrably, materially and
economically injurious to Asyst; or

               (iv) gross negligence by the Executive during the performance of the duties of his position
resulting in demonstrable, material and economic injury to Asyst.

 

 

          (e) “Change in Control” shall mean any of the following, occurring during the term of the
Executive’s employment or employment relationship with Asyst:

               (i) an acquisition by an individual, an entity or a group (excluding Asyst, an employee
benefit plan of Asyst, or a corporation controlled by Asyst) of 30 percent or more of Asyst’s
then-outstanding common stock or voting securities;

               (ii) a change in composition of the Board occurring within a rolling two-year period, as a
result of which fewer than a majority of the directors are Incumbent Directors (“Incumbent
Directors” shall mean directors who either (x) are members of the Board as of the Effective Date or
(y) are elected, or nominated for election, to the Board with the affirmative votes of at least a
majority of the Incumbent Directors at the time of such election or nomination, but shall not
include an individual not otherwise an Incumbent Director whose election or nomination is in
connection with an actual or threatened proxy contest (relating to the election of directors to the
Board)); or

               (iii) consummation of a complete liquidation or dissolution of Asyst, or a merger,
consolidation or sale of all or substantially all of Asyst’s then-existing assets (collectively, a
“Business Combination”), other than a Business Combination (x) in which the stockholders of Asyst
immediately prior to the Business Combination receive 50 percent or more of the voting stock
resulting from the Business Combination, (y) at least a majority of the board of directors of the
corporation resulting from the Business Combination were Incumbent Directors and (z) after which no
individual, entity or group (excluding any corporation resulting from the Business Combination or
any employee benefit plan of such corporation or of Asyst) owns 30 percent or more of the stock of
the corporation resulting from the Business Combination who did not own such stock immediately
before the Business Combination.

          (f) “Disability” shall mean the illness or other mental or physical disability of the
Executive, as determined by a physician acceptable to Asyst and the Executive, resulting in his
failure (i) to perform substantially the material duties of his position for a period of six or
more consecutive months, or an aggregate of nine months in any 12-month period, and (ii) to return
to the performance of his duties within 30 days after receiving written notice of termination.

          (g) “Good Reason” shall mean, without the Executive’s prior written consent or his
acquiescence:

               (i) assignment to the Executive of duties incompatible with his position, failure to maintain
him in this position and its reporting relationship, or a substantial diminution in the nature of
his authority or responsibilities;

               (ii) reduction in his then-current Base Salary or in the bonus or incentive compensation
opportunities or benefits coverage available during the term of this Agreement, except pursuant to
an across-the-board reduction similarly affecting all senior executives of Asyst;

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               (iii) termination of the Executive’s employment, for any reason other than Cause, death,
Disability or voluntary termination, within two years following a Change in Control;

               (iv) within two years following a Change in Control, relocation of the Executive’s principal
place of business to a location more than 30 miles from the location of such office on the date of
this Agreement; or

               (v) (v) Asyst’s failure to pay the Executive any material amounts otherwise vested and due him
hereunder or under any plan, program or policy of Asyst.

     2. TERM OF AGREEMENT.

          This Agreement shall be effective immediately as of the Effective Date, and shall remain in
effect until the earliest to occur of (a) termination of the Executive’s employment with Asyst
following a Change in Control (i) by reason of death or Disability, (ii) by Asyst for Cause, or
(iii) by the Executive other than for Good Reason; (b) two years after the date of a Change in
Control; or (c) two years after the Effective Date, provided that a Change in Control has not
occurred within such two-year period.

     3. ENTITLEMENT UPON TERMINATION BY ASYST WITHOUT CAUSE OR BY THE EXECUTIVE FOR GOOD REASON
WITHIN TWO YEARS FOLLOWING A CHANGE IN CONTROL.

     In the event of termination of the Executive’s employment within two years following a Change
in Control (a) by Asyst without Cause or (b) by the Executive for Good Reason, he shall be entitled
to the entitlements set out below in this section 3. Generally, such amounts to be paid to the
Executive in a cash lump sum within 30 business days after termination except that (i) the payment
of any equity awards may be made in shares and (ii) in the event it is determined that the
Executive is a “Specified Employee” as defined in Section 409A(a)(2)(B)(i) of the Internal Revenue
Code of 1986, as amended (the “Code”), any payment to be made under this Agreement that is
“nonqualified deferred compensation” subject to Section 409A of the Code shall be delayed for six
months following the Executive’s termination of employment.

          (a) General Entitlement:

               (i) his Base Salary through the date of termination, but not yet paid to him;

               (ii) payment in lieu of any unused vacation, in accordance with Asyst’s vacation policy and
applicable laws;

               (iii) any annual or discretionary bonus earned but not yet paid to him for any completed
fiscal year prior to the fiscal year in which his termination occurs;

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               (iv) any compensation under any deferred compensation plan of Asyst or deferred compensation
agreement with Asyst then in effect (subject to the terms and conditions of such plan);

               (v) any other compensation or benefits, including without limitation any benefits under
long-term incentive compensation plans, any benefits under equity grants and awards and employee
benefits under plans that have vested through the date of termination, or to which he may then be
entitled, in accordance with the applicable terms of each grant, award or plan; and

               (vi) reimbursement of any business expenses reasonably and properly incurred by the Executive
through the date of termination, but not yet paid to him.

          (b) Change-in-Control Entitlement:

               (i) two times the sum of (A) his Base Salary, at the rate in effect immediately before such
termination, and (B) an amount equal to the average of his annual bonuses actually paid by Asyst to
the Executive during the three completed fiscal years prior to the year in which termination
occurs;

               (ii) continuing coverage under the life, disability, accident, health, dental and vision
insurance programs covering senior executives of Asyst generally, as from time to time in effect,
to the extent permitted under COBRA coverage or the terms of such programs, for the two-year period
from such termination, or, if earlier, through such date as he becomes eligible for substantially
similar coverage under the employee benefit plans of a new employer, provided that the Executive
agrees that the period of continuation coverage under such plans shall count against any obligation
by the plan or Asyst to provide continuation coverage pursuant to COBRA; and

               (iii) immediate and unconditional vesting of any unvested stock options and stock grants
previously awarded to the Executive and, for the period ending with the later of (i) the
15th day of 3rd month following the date on which the exercise period for the
option in question would otherwise have expired or (ii) December 31 of the calendar year in which
that exercise period would otherwise have expired, the right to exercise all stock options, grants
and awards vested as of the termination of employment, provided, however, that in no event shall
this section 3(b)(iii) extend the exercise period for an option beyond the date that is one year
following the termination of employment.

          (c) Determination of Amount of Payment. In the event that any payments or other benefits
received or to be received by the Executive pursuant to this Agreement (“Payments”) would (i)
constitute a “parachute payment” within the meaning of Section 280G of the Code and (ii) but for
this Section 3(c), be subject to the excise tax imposed by Section 4999 of the Code (the “Excise
Tax”), then, the Executive shall receive either (x) the full amount of any parachute payment or (y)
2.99 times the Executive’s “base amount” (as such term is defined under the Parachute Rules),
whichever of the foregoing amounts (after taking into account any applicable federal, state and
local income taxes and the Excise Tax) results in the receipt by the Executive, on an after-tax
basis, of the greater payment provided that (a) the acquiring person in

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the Change of Control, in its sole discretion, does not object thereto and does not impose on
Asyst or its stockholders any added cost, price reduction, or other detriment therefrom (economic
or otherwise as determined in Asyst’s sole discretion), and (b) the Executive deposits at least
three (3) business days prior to consummation of the Change of Control with a party designated by
Asyst a cash sum sufficient in the discretion of Asyst to fund all withholding payments that may
arise in connection with the Executive’s parachute payments from any source. In the event a
reduction provides the greater benefit Asyst shall reduce and cancel, and the Executive hereby
waives, the parachute payment to the minimum extent necessary to equal the amount described in (y)
above.

     In no event shall Asyst be required to gross up any payment or benefit to the Executive to
avoid the effects of Section 280G of the Code or to pay any regular or excise taxes arising
therefrom. Unless Asyst and the Executive otherwise agree in writing, any parachute payment
calculation shall be made in writing by independent public accounts agreed to by Asyst and the
Executive, whose calculations shall be conclusive and binding upon Asyst and the Executive for all
purposes. Asyst and the Executive shall furnish to the accountants such information and documents
as the accountants may reasonable request in order to make a parachute payment determination. If
the Internal Revenue Service (the “IRS”) determines that a Payment is subject to the Excise Tax,
then the following paragraph shall apply.

     Notwithstanding any reduction described in the immediately preceding paragraph (or in the
absence of any such reduction), if the IRS determines that the Executive is liable for the Excise
Tax as a result of the receipt of Payments, then the Executive shall be obligated to pay back to
Asyst, within 30 days after final IRS determination, an amount of the Payments equal to the
“Repayment Amount.” The Repayment Amount shall be the smallest such amount, if any, as shall be
required to be paid to Asyst so that the Executive’s net proceeds with respect to the Payments
(after taking into account the payment of the Excise Tax imposed on such Payments) shall be
maximized. Notwithstanding the foregoing, the Repayment Amount shall be zero if a Repayment Amount
of more than zero would not eliminate the Excise Tax imposed on the Payments. If the Excise Tax is
not eliminated pursuant to this paragraph, the Executive shall pay the Excise Tax.

          (d) Release. Asyst may require, as a condition of receiving the foregoing Change-in-Control
payment or other Payment under subsection (b) or (c) above, that the Executive execute in
conjunction with his termination a general release substantially in the form annexed hereto as
Exhibit A (subject to such reasonable changes as may be required by circumstances or
changes in applicable law as are necessary to give effect to the same), which upon execution shall
be deemed incorporated herein by reference as a material part of this Agreement.

          (e) Compliance with Section 409A of the Code. It is the intent of the parties to this
Agreement that any of the payments set forth in this Agreement which meet the definition of
nonqualified deferred compensation under Section 409A of the Code shall be made in a manner that
complies with Section 409A of the Code. Asyst reserves the right, to the extent Asyst deems
necessary or advisable in its sole discretion, to unilaterally amend or modify this Agreement as
may be necessary to ensure that all benefits provided under this Agreement are made in a manner
that qualifies for exemption from or complies with Section 409A of the Code, provided,

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however, that Asyst makes no representations that the compensation or benefits provided under
this Agreement will be exempt from Section 409A of the Code and makes no undertakings to preclude
Section 409A of the Code from applying to the benefits provided under this Agreement.

          (f) Relation to Other Agreements. Payments under this Section 3 shall supersede and replace
any other payments under any other employment contract or offer letter to which the Executive may
be a party or participant and that otherwise would become due as a result of a termination of
employment.

     4. NO MITIGATION.

          Asyst agrees that if the Executive’s employment with Asyst terminates, he shall not be
obligated to seek other employment or to attempt to reduce any amount payable to him under this
Agreement. Further, with the exception of the benefits described in Section 3(b)(ii), no
amount of any payment hereunder shall be reduced by any compensation earned by the Executive as the
result of employment by a subsequent employer or otherwise.

     5. NOTICES.

          Any notice or other communication required or permitted under this Agreement shall be in
writing and shall be deemed to have been duly given when delivered by hand, electronic transmission
(with a copy following by hand or by overnight courier), by registered or certified mail, postage
prepaid, return receipt requested or by overnight courier addressed to the other party. All notices
shall be addressed as follows, or to such other address or addresses as may be substituted by
notice in writing:

	 	 	 	 	 
	 

	 	To Asyst :
	 	To the Executive:
	 

	 	Asyst Technologies, Inc.
	 	46897 Bayside Parkway
	 

	 	General Counsel
	 	Fremont, CA
	 

	 	46897 Bayside Parkway
	 	Fax: (510) 661-5166
	 

	 	Fremont, CA 94538	 	 
	 

	 	Fax: (510) 661-5624	 	 

     6. GENERAL PROVISIONS.

          (a) Amendments. Except as otherwise set forth in Section 3(e), no provision of this Agreement
may be amended, modified or waived unless such amendment, modification or waiver shall be agreed to
in writing and signed by the Executive and by the Compensation Committee of the Board.

          (b) Severability. If any provision of this Agreement shall be determined to be invalid or
unenforceable by a court of competent jurisdiction, the remaining provisions of this Agreement
shall be unaffected thereby and shall remain in full force and effect to the fullest extent
permitted by law.

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          (c) Partial Invalidity. If any provision of this Agreement is held by a court of competent
jurisdiction to be invalid, void or unenforceable, the remaining provisions shall nevertheless
continue in full force without being impaired or invalidated in any way.

          (d) Governing Law. This Agreement shall be construed, interpreted and governed in accordance
with the laws of the State of California, without reference to rules relating to conflicts of law.

          (e) Inconsistencies. The terms of this Agreement supersede any inconsistent prior promises,
policies, representations, understandings, arrangements or agreements between the parties, whether
by employment contract or otherwise.

          (f) Survival. Notwithstanding the termination of the term of this Agreement, the duties and
obligations of Asyst, if any, following the termination of the Executive’s employment following a
Change in Control shall survive indefinitely.

          (g) Withholding. Asyst may deduct and withhold from any payments hereunder the amount that
Asyst, in its reasonable judgment, is required to deduct and withhold for any federal, state or
local income or employment taxes.

          (h) No Other Compensation; Employee at Will. Except and to the extent specifically provided
in Section 3 above, no amount or benefit shall be due or payable to the Executive, and no
obligation or liability due or owing by Asyst, under this Agreement or otherwise in respect of
termination of his employment (at any time or within two years following a Change in Control).
This Agreement shall not be construed as creating an express or implied contract of employment and,
except and to the extent specifically otherwise agreed in writing between the Executive and Asyst,
the Executive is and shall remain an “employee at will” and shall not have any right or expectation
(reasonable or otherwise) to be retained or continue in the employ of Asyst.

          (i) Arbitration. Any right or benefit, or obligation or liability, granted or arising under
this Agreement, and any other dispute between the Executive and Asyst arising from or relating to
the Executive’s employment or termination of employment, shall be subject to and resolved
exclusively by binding non-appealable arbitration. The terms and conditions of the Agreement to
Arbitrate Disputes and Claims shall govern such arbitration (in the event entered between the
parties, and as amended from time to time), be binding on the Executive and Asyst and shall be
deemed incorporated herein by reference as a material part of this Agreement. Neither the
Executive nor Asyst shall be liable to, or entitled to recover from, the other, for any claim,
cause or action, suit or proceeding relating to any right or obligation hereunder, any incidental,
special, consequential or exemplary damages of any kind, including punitive damages (and the
arbitrator will be without jurisdiction to award such damages). The arbitrator also will not have
authority to award attorneys’ fees or costs to either party, unless a statute at issue which is the
basis for the dispute expressly authorizes the award of attorneys’ fees or costs to the prevailing
party. In this instance, the arbitrator shall have the authority to make an award of only of
reasonable attorneys’ fees and costs to the prevailing party, and to the extent and in the manner
permitted by the applicable statute. However, any award of fees and costs will be

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limited to the amount of reasonable fees and costs actually incurred and which bear a
reasonable relation to the prevailing party’s actual recovery.

          IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first
above written.

	 	 	 	 	 
	 	ASYST TECHNOLOGIES, INC.

 	 
	 	By:  	Stephen S. Schwartz
 	 
	 	 	Name:  	Stephen S. Schwartz 	 
	 	 	Title:  	Chief Executive Officer 	 
	 
	 	EXECUTIVE

 	 
	 	/s/ Alan S. Lowe
 	 
	 	Executive 	 
	 	 	 

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EXHIBIT A 

SEVERANCE AGREEMENT AND RELEASE OF ALL CLAIMS

This Severance Agreement and Release of All Claims (“Agreement and Release”) is intended to
constitute a binding agreement between you, ___ (“Employee”), and Asyst Technologies, Inc.,
on behalf of its subsidiary and affiliated entities (“Asyst” or the “Company”). Please review the
terms carefully. By signing below, you are agreeing to end your employment relationship with Asyst
on the terms identified below, and in return for the benefits provided herein. We advise you to
consult with an attorney or other advisor concerning its terms and obligations and the specific
effect on your legal rights. This Agreement and Release is deemed effective as of ___ (the
“Effective Date”).

     1. Your employment with Asyst shall terminate on ___. You understand you have no
recall rights.

     2. You and Asyst agree that this Agreement and Release is contractual in nature and not a mere
recital, and that this Agreement and Release shall be interpreted as though drafted jointly by the
Employee and Asyst.

     3. You will be entitled to the benefits described in the Change-in-Control Agreement between
Asyst and you dated ___. You understand that, except as provided herein, you will not
be entitled to any additional payments or severance or any other benefits from Asyst associated
with any claimed work or right to work beyond the date of your termination.

     4. During the course of your employment with Asyst, you have had access to or have had
possession of confidential and proprietary information or materials of Asyst (including, but not
limited to, technical information, business plans, client, supplier and employee information,
telephone records or lists, and non-public financial information). You acknowledge and understand
that all such information or material constitutes confidential information of Asyst and/or its
customers and affiliates; you agree that you shall not retain any, and that you must return to
Asyst all, originals and copies of such material. You further agree that you shall not use,
disclose or divulge any such material or other confidential or trade secret information of Asyst,
its customers or affiliates to any third party company, individual or institution without the
direct written authorization of Asyst’s C.E.O., and that your confidentiality obligations to Asyst
are continuing into the future regardless of termination of your employment.

     5. You also agree to return promptly all property of Asyst, including pagers, cellular phones,
PDAs and any other materials or equipment in your possession or which were provided to you by or
through Asyst. You further understand that any use of credit or telephone cards, cellular phones,
pagers, PDAs, and other materials or equipment provided to you by or through Asyst will not be
authorized beyond your termination date, and any expenses incurred after your termination date will
not be eligible for reimbursement.

     6. You hereby fully waive, release and discharge Asyst, its parent, subsidiary and affiliated
entities, and the shareholders, directors, officers, employees, agents and representatives

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of each (the “Released Parties”) from, and agree never to assert against any of the Released
Parties any and all claims, liabilities, charges and causes of action of any kind whatsoever which
you have, had or may have against them as of the date on which you sign this Agreement, including
without limitation any and all claims, liabilities, charges and causes of action relating to:

	 	(a)	 	your employment, termination of employment or any right,
expectation, claim or benefit relating to or arising in any manner from your
employment;
	 
	 	(b)	 	any and all rights or claims relating to or in any manner
arising under the California Fair Employment and Housing Act (Government Code
section 12900 et seq., as amended);
	 
	 	(c)	 	any and all rights or claims relating to or in any manner
arising under the Civil Rights Act of 1964 (42 U.S.C. 2000, et seq., as
amended);
	 
	 	(d)	 	any and all rights or claims relating to or in any manner
arising under the Americans with Disabilities Act (29 U.S.C. 706 et seq., as
amended);
	 
	 	(e)	 	any and all rights or claims relating to or in any manner
arising under the Age Discrimination in Employment Act of 1967 (29 U.S.C. 621
et seq., as amended);
	 
	 	(f)	 	any and all rights or claims relating to or in any manner
arising under the WARN Act (as amended), and any comparable provisions of
California or other applicable law;
	 
	 	(g)	 	any and all rights or claims relating to or in any manner
arising under the Equal Pay Act of 1963 (as amended);
	 
	 	(h)	 	any and all rights or claims relating to or in any manner
arising under the California Labor Code Section 1197.5 (as amended); and
	 
	 	(i)	 	any and all rights or claims otherwise relating to or in any
manner arising under federal, state or local statutory, administrative or
common law or regulation, including claims for wrongful termination or
constructive discharge or demotion, breach of contract (written, oral or
implied), breach of the covenant of good faith and fair dealing, violation of
public policy, infliction of emotional distress, personal injury, defamation
and misrepresentation.

Asyst hereby fully waives, releases and discharges you from, and agrees never to assert against
you, any and all claims, liabilities, charges and causes of action of any kind whatsoever which
Asyst has, had or may have against you as of the date on which you sign this Agreement, provided,
however, that nothing in this Paragraph 6 shall preclude Asyst from enforcing its rights with
respect to your obligations under the terms and conditions of (i) this Agreement and Release, (ii)
the releases from you contained herein, and (iii) the Agreement to Arbitrate

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Disputes and Claims and the Confidential Information and Inventions Assignment Agreement you may
have executed previously in conjunction with your employment with Asyst.

     7. Each party waives his or its rights under section 1542 of the Civil Code of California, or
other comparable provision of applicable law, which states:

A general release does not extend to claims which the creditor does not
know or suspect to exist in his favor at the time of executing the
release, which if known to him must have materially affected his
settlement with the debtor.

     8. This Agreement and Release shall not affect any waiver or release of any claim for workers’
compensation benefits and unemployment insurance benefits.

     9. You understand, represent and agree that:

	 	(a)	 	you have had a reasonable opportunity to consider this Agreement and Release and
to consult an attorney or other advisor before signing this Agreement and Release;
	 
	 	(b)	 	you have read this Agreement and Release in full and understand
all of the terms and conditions set forth herein;
	 
	 	(c)	 	you knowingly and voluntarily agree to all of the terms and
conditions set forth herein and intend to be legally bound by them;
	 
	 	(d)	 	you may rescind this Agreement and Release only with respect to claims arising under the
Age Discrimination in Employment Act of 1967 (29 U.S.C. 621 et seq.) and only if you do so within
seven (7) days after signing it (in which case you will forfeit in full and agree immediately to
refund, return to and reimburse Asyst any and all benefits provided to you under Paragraph 8,
above); and
	 
	 	(e)	 	this Agreement and Release will not become effective or
enforceable with respect to claims arising under the Age Discrimination in
Employment Act of 1967 (29 U.S.C. 621 et seq.) until seven (7) days after you
have signed it.

     10. You represent that you have not filed any complaints, claims, grievances or actions
against Asyst, its parent, subsidiary and affiliated entities, and the shareholders, directors,
officers, employees, agents and representatives of each, or any other of the Released Parties in

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any state, federal or local court or agency, and you covenant not to file any such complaints,
claims, grievances, or actions (other than for workers’ compensation benefits, unemployment
insurance benefits or otherwise not subject to by law to your waiver or releases herein) at any
time hereafter. You hereby grant power of attorney to Asyst to dismiss on your behalf any such
complaint, claim grievance or action you filed in violation of this Paragraph. Notwithstanding the
foregoing, you acknowledge and agree that in the event you successfully assert any claim against
Asyst, despite the waivers, releases and other representations provided in this Agreement and
Release, that an amount equal to any and all benefits provided to you under Paragraph 3, above, may
and shall be off-set and deducted from any recovery from such claim.

     11. Asyst represents that it has not filed any complaints, claims, grievances or actions
against you in any state, federal or local court or agency, and Asyst covenants not to file any
such complaints, claims, grievances, or actions at any time hereafter with respect to the claims
released by Asyst hereunder. Asyst hereby grants power of attorney to you to dismiss on Asyst’s
behalf any such complaint, claim grievance or action Asyst filed in violation of this Paragraph.

     12. You agree not to defame, disparage or criticize Asyst or its shareholders, directors,
officers, employees or business or employment practices at any time. In addition, you agree not to
engage in any conduct that you know or reasonably should know will damage the reputation of Asyst
or cause third parties to view Asyst or its shareholders, directors, officers or employees in a
less favorable light.

     13. You agree to not to disclose the existence of this Agreement and Release, its terms, or
any information relating to this Agreement and Release to anyone other than your spouse (if any),
tax preparer, accountant, attorney and other professional adviser or party to whom disclosure is
necessary in order to comply with the law. In such event, you will instruct them to maintain the
confidentiality of this Agreement and Release just as you must.

     14. The parties agree that this Agreement and Release shall be binding upon their successors
and assignees. Each represents that it has not transferred to any person or entity any of the
rights released or transferred through this Agreement.

     15. If a court of competent jurisdiction declares or determines that any provision of this
Agreement and Release is invalid, illegal or unenforceable, the invalid, illegal or unenforceable
provision(s) shall be deemed not a part of this Agreement, but the remaining provisions shall
continue in full force and effect.

     16. Each party, upon breach of this Agreement and Release by the other, shall have the right
to seek all necessary and proper relief, including, but not limited to, specific performance, from
a court of competent jurisdiction.

     17. Each party agrees that any differences, disputes or controversies between us arising from
this Agreement and Release or from rights or obligations hereunder, or any liabilities asserted or
arising from your employment or its termination, shall be exclusively submitted to binding
arbitration before an independent and qualified arbitrator in accordance with the American
Arbitration Association and the National Rules for the Resolution of Employment Disputes then in
effect, without reference to conflict of laws principles. Arbitration

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shall be the exclusive forum for any dispute, claim or cause arising hereunder, or any
liabilities asserted or arising from your employment or its termination, and the decision and award
by the arbitrator shall be final and binding upon, and non-appealable by, the parties and may be
entered in any state or federal court having jurisdiction. In all other respects, the arbitration
shall be subject to the terms and conditions provided in the Agreement to Arbitrate Disputes and
Claims (if previously or contemporaneously executed by you and Asyst), which said terms and
conditions are deemed incorporated in his Agreement and Release in full by this reference and made
a material part hereof.

     18. Neither you nor Asyst shall be able to recover from the other, for any claim, cause or
action arising hereunder, any incidental, special, consequential or exemplary damages of any
nature, including but not limited to punitive damages, or attorneys fees or costs incurred in any
such claim, cause or action, unless and to the extent any such award of damages, fees or costs is
specifically provided and available to the party as a remedy under the statute asserted as a basis
for the claim, cause or action, and, unless so specifically provided, the court or arbitrator in
any such claim, cause or action shall be without authority or jurisdiction to award such damages
fees or costs; provided, however, that provisional or injunctive remedies and relief shall be
available as appropriate to each party.

     19. We each, to the fullest extent permitted by law, waive any right or expectation against
the other to trial or adjudication by a jury of any claim, cause or action arising hereunder or
from the rights, duties or liabilities created hereby.

     20. The laws of the State of California shall govern the construction and enforcement of this
Agreement and Release and any rights, obligations or liabilities hereunder, without regard to
conflicts of laws considerations.

     21. You certify and confirm that you do not have in your possession any, and that you have
returned to Asyst as of termination of your employment all, property, devices, records, data,
notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches,
materials equipment, other documents or property, or reproductions of any aforementioned items
belonging to Asyst.

     22. You also certify and confirm that you have complied during your employment with all the
terms of Asyst’s Confidential Information and Inventions Assignment Agreement in the event
previously signed by you, including the reporting of any inventions and original works of
authorship (as defined therein), conceived or made by you (solely or jointly with others) covered
by that agreement. You further agree that you will continue to be required to preserve as
confidential all trade secrets, confidential knowledge, data or other proprietary information
relating to services, clients, products, processes, know-how, designs, formulas, developmental or
experimental work, computer programs, data bases, other original works of authorship, customer
lists, business plans, financial information or other subject matter pertaining to any business of
Asyst or any of its employees, clients, consultants or licensees.

     23. You further agree that for the six (6) month period from the date of termination of your
employment or consulting relationship with Asyst, you will not recruit or solicit any employee to
leave Asyst for any reason or to accept employment with any other company, and
will not interview or knowingly provide any assistance or input to any third party regarding
any such employee.

13

 

     24. You understand that the provisions of the Change-in-Control Agreement between Asyst and
you dated ___and the provisions of this Agreement and Release set forth the entire
agreement between you and Asyst concerning your employment, separation benefits and termination of
employment, and that this Agreement and Release replaces any other promises, representations or
agreement between you and Asyst, whether written or oral, concerning such matters. You also
understand that any benefits provided you under this Agreement and Release are offered on a
one-time basis, and are not a part of a funded employee welfare program or established Asyst
practice or policy. Any modification of this Agreement and Release, or change to the benefits
offered hereunder, must be in writing and executed in advance by you and the Vice President, Human
Resources for Asyst, or else such notification will not be binding or effective.

     25. In the event that you breach any of your obligations under this Agreement and Release or
as otherwise imposed by law, Asyst will be entitled to recover the sums and benefits paid under the
Agreement and Release and to obtain all other relief provided by law or equity.

     26. The parties agree and represent that they have not relied and do not rely upon any
representation or statement regarding the subject matter or effect of this Agreement and Release
made by any other party to this Agreement and Release or any party’s agents, attorneys or
representatives.

I, THE UNDERSIGNED, HAVE HAD A SUFFICIENT OPPORTUNITY TO CONSIDER THIS AGREEMENT AND RELEASE AND
HAVE BEEN ADVISED IN WRITING THAT I MAY CONSULT WITH AN ATTORNEY CONCERNING ITS TERMS AND EFFECT
PRIOR TO EXECUTING THIS AGREEMENT AND RELEASE.

I, THE UNDERSIGNED, HAVE READ THIS AGREEMENT AND RELEASE AND UNDERSTAND THAT I ENTER THIS AGREEMENT
AND RELEASE INTENDING TO AND DO WAIVE, SETTLE AND RELEASE ALL CLAIMS I HAVE OR MIGHT HAVE AGAINST
ASYST TO THE FULL EXTENT PERMITTED BY LAW. I SIGN THIS AGREEMENT AND RELEASE VOLUNTARILY AND
KNOWINGLY.

ACKNOWLEDGED, UNDERSTOOD AND AGREED:

	 	 	 	 	 	 	 	 	 
	EMPLOYEE:	 	 	 	ASYST TECHNOLOGIES, INC.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

Name:
	 	 
	 

	 	 	 	 	 	Title:	 	 

	 	 	 	 	 	 	 	 	 	 	 
	Date:

	 	 	 	 	 	Date:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 

14exv10w42

 

Exhibit 10.42

[EXECUTION COPY]

 

[Published CUSIP Number:                     ]

CREDIT AGREEMENT

Dated as of June 22, 2006

among

ASYST TECHNOLOGIES, INC.

and

ASYST JAPAN, INC.,

as Borrowers,

BANK OF AMERICA, N.A.,

as Administrative Agent, Swing Line Lender

and L/C Issuer,

and

The Lenders Party Hereto

 

BANC OF AMERICA SECURITIES LLC,

as Sole Lead Arranger and Sole Book Manager

and

KEYBANK NATIONAL ASSOCIATION

and

COMERICA BANK,

as Co-Documentation Agents

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE I
 DEFINITIONS AND ACCOUNTING TERMS
	 	 	1	 
	1.01 Defined Terms
	 	 	1	 
	1.02 Other Interpretive Provisions
	 	 	34	 
	1.03 Accounting Terms
	 	 	35	 
	1.04 Rounding
	 	 	36	 
	1.05 Exchange Rates; Currency Equivalents
	 	 	36	 
	1.06 Change of Currency
	 	 	36	 
	1.07 Times of Day
	 	 	36	 
	1.08 Letter of Credit Amounts
	 	 	36	 
	ARTICLE II  THE COMMITMENTS AND CREDIT EXTENSIONS
	 	 	37	 
	2.01 The Loans
	 	 	37	 
	2.02 Borrowings, Conversions and Continuations of Loans
	 	 	37	 
	2.03 Letters of Credit
	 	 	39	 
	2.04 Swing Line Loans
	 	 	50	 
	2.05 Prepayments
	 	 	53	 
	2.06 Termination or Reduction of Commitments
	 	 	55	 
	2.07 Repayment of Loans
	 	 	55	 
	2.08 Interest
	 	 	56	 
	2.09 Fees
	 	 	57	 
	2.10 Computation of Interest and Fees
	 	 	57	 
	2.11 Evidence of Debt
	 	 	58	 
	2.12 Payments Generally; Administrative Agent’s Clawback
	 	 	58	 
	2.13 Sharing of Payments by Lenders
	 	 	60	 
	2.14 Designated Borrowers; Relationship among Borrowers
	 	 	61	 
	2.15 Increase in Revolving Credit Commitments
	 	 	63	 
	ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY
	 	 	64	 
	3.01 Taxes
	 	 	64	 
	3.02 Illegality
	 	 	66	 
	3.03 Inability to Determine Rates
	 	 	67	 
	3.04 Increased Costs; Reserves on Eurodollar Rate Loans
	 	 	67	 

i

 

TABLE OF CONTENTS

(continued)

	 	 	 	 	 
	 	 	Page	 
	3.05 Compensation for Losses
	 	 	69	 
	3.06 Mitigation Obligations; Replacement of Lenders
	 	 	70	 
	3.07 Survival
	 	 	70	 
	ARTICLE IV  CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
	 	 	70	 
	4.01 Conditions of Initial Credit Extension
	 	 	70	 
	4.02 Conditions to all Credit Extensions
	 	 	74	 
	ARTICLE V  REPRESENTATIONS AND WARRANTIES
	 	 	75	 
	5.01 Existence, Qualification and Power
	 	 	75	 
	5.02 Authorization; No Contravention
	 	 	76	 
	5.03 Governmental Authorization; Other Consents
	 	 	76	 
	5.04 Binding Effect
	 	 	76	 
	5.05 Financial Statements; No Material Adverse Effect; No Internal Control Event
	 	 	77	 
	5.06 Litigation
	 	 	78	 
	5.07 Material Contracts
	 	 	78	 
	5.08 Ownership of Property; Liens; Investments
	 	 	78	 
	5.09 Environmental Compliance
	 	 	80	 
	5.10 Insurance
	 	 	81	 
	5.11 Taxes
	 	 	81	 
	5.12 ERISA Compliance
	 	 	81	 
	5.13 Subsidiaries; Equity Interests; Loan Parties
	 	 	82	 
	5.14 Margin Regulations; Investment Company Act; Public Utility Holding Company Act
	 	 	83	 
	5.15 Disclosure
	 	 	83	 
	5.16 Compliance with Laws
	 	 	83	 
	5.17 Intellectual Property; Licenses, Etc.
	 	 	83	 
	5.18 Solvency
	 	 	84	 
	5.19 Casualty, Etc.
	 	 	84	 
	5.20 Labor Matters
	 	 	84	 
	5.21 Collateral Documents
	 	 	84	 
	5.22 Representations as to Foreign Obligors
	 	 	84	 

ii

 

TABLE OF CONTENTS

(continued)

	 	 	 	 	 
	 	 	Page	 
	5.23 Issuance of Subordinated Debt; Status of
Obligations as Senior Indebtedness, etc.
	 	 	85	 
	5.24 Other Representations and Warranties
	 	 	86	 
	ARTICLE VI AFFIRMATIVE COVENANTS
	 	 	86	 
	6.01 Financial Statements
	 	 	86	 
	6.02 Certificates; Other Information
	 	 	87	 
	6.03 Notices
	 	 	90	 
	6.04 Payment of Obligations
	 	 	91	 
	6.05 Preservation of Existence, Etc.
	 	 	91	 
	6.06 Maintenance of Properties
	 	 	91	 
	6.07 Maintenance of Insurance
	 	 	92	 
	6.08 Compliance with Laws
	 	 	92	 
	6.09 Books and Records
	 	 	92	 
	6.10 Inspection Rights
	 	 	92	 
	6.11 Use of Proceeds
	 	 	92	 
	6.12 ASI as Loan Party and Equity Interests of ASI
	 	 	92	 
	6.13 Covenant to Guarantee Obligations and Give Security
	 	 	93	 
	6.14 Compliance with Environmental Laws
	 	 	97	 
	6.15 Preparation of Environmental Reports
	 	 	98	 
	6.16 Further Assurances
	 	 	98	 
	6.17 Compliance with Terms of Leaseholds
	 	 	99	 
	6.18 Foreign Government Scheme or Arrangement; Foreign Plan
	 	 	99	 
	6.19 Lien Searches
	 	 	100	 
	6.20 Material Contracts
	 	 	100	 
	6.21 Designation as Senior Debt
	 	 	100	 
	6.22
Security Interests in Accounts, Etc.
	 	 	100	 
	6.23 Approvals and Authorizations
	 	 	100	 
	6.24 Taxpayer Identification Number
	 	 	100	 
	6.25 Lost AJI Stock Certificates
	 	 	101	 
	6.26 Post Closing Deliverables
	 	 	101	 

iii

 

TABLE OF CONTENTS

(continued)

	 	 	 	 	 
	 	 	Page	 
	ARTICLE VII NEGATIVE COVENANTS
	 	 	101	 
	7.01 Liens
	 	 	102	 
	7.02 Indebtedness
	 	 	103	 
	7.03 Investments
	 	 	104	 
	7.04 Fundamental Changes
	 	 	107	 
	7.05 Dispositions
	 	 	108	 
	7.06 Restricted Payments
	 	 	109	 
	7.07 Change in Nature of Business
	 	 	109	 
	7.08 Transactions with Affiliates
	 	 	109	 
	7.09 Burdensome Agreements
	 	 	110	 
	7.10 Use of Proceeds
	 	 	110	 
	7.11 Financial Covenants
	 	 	110	 
	7.12 Capital Expenditures
	 	 	111	 
	7.13 Amendments of Organization Documents
	 	 	111	 
	7.14 Accounting Changes
	 	 	111	 
	7.15 Prepayments, Etc. of Indebtedness
	 	 	111	 
	7.16 Amendment, Etc. of Acquisition Agreement,
Related Documents and Debt Documents
	 	 	111	 
	7.17 Designation of Senior Debt
	 	 	112	 
	7.18 Lease Obligations
	 	 	112	 
	ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES
	 	 	112	 
	8.01 Events of Default
	 	 	112	 
	8.02 Remedies Upon Event of Default
	 	 	115	 
	8.03 Application of Funds
	 	 	116	 
	ARTICLE IX ADMINISTRATIVE AGENT
	 	 	117	 
	9.01 Appointment and Authority
	 	 	117	 
	9.02 Rights as a Lender
	 	 	117	 
	9.03 Exculpatory Provisions
	 	 	118	 
	9.04 Reliance by Administrative Agent
	 	 	119	 
	9.05 Delegation of Duties
	 	 	119	 

iv

 

TABLE OF CONTENTS

(continued)

	 	 	 	 	 
	 	 	Page	 
	 9.06 Resignation of Administrative Agent
	 	 	119	 
	 9.07 Non-Reliance on Administrative Agent and Other Lenders
	 	 	120	 
	 9.08 No
Other Duties, Etc.
	 	 	120	 
	 9.09 Administrative Agent May File Proofs of Claim
	 	 	120	 
	 9.10 Collateral and Guaranty Matters
	 	 	121	 
	ARTICLE X MISCELLANEOUS
	 	 	122	 
	10.01 Amendments, Etc.
	 	 	122	 
	10.02 Notices; Effectiveness; Electronic Communications
	 	 	123	 
	10.03 No Waiver; Cumulative Remedies
	 	 	125	 
	10.04 Expenses; Indemnity; Damage Waiver
	 	 	125	 
	10.05 Payments Set Aside
	 	 	127	 
	10.06 Successors and Assigns
	 	 	128	 
	10.07 Treatment of Certain Information; Confidentiality
	 	 	133	 
	10.08 Right of Setoff
	 	 	134	 
	10.09 Interest Rate Limitation
	 	 	134	 
	10.10 Counterparts; Integration; Effectiveness
	 	 	134	 
	10.11 Survival of Representations and Warranties
	 	 	135	 
	10.12 Severability
	 	 	135	 
	10.13 Replacement of Lenders
	 	 	135	 
	10.14 Governing Law; Jurisdiction; Etc.
	 	 	136	 
	10.15 Waiver of Jury Trial
	 	 	137	 
	10.16 California Judicial Reference
	 	 	137	 
	10.17 No Advisory or Fiduciary Responsibility
	 	 	137	 
	10.18 USA PATRIOT Act Notice
	 	 	138	 
	10.19 Time of the Essence
	 	 	138	 
	10.20 Judgment Currency
	 	 	138	 
	10.21 Appointment and Authority of the Company
	 	 	139	 
	10.22 ENTIRE AGREEMENT
	 	 	139	 
	10.23 Lenders’ Joint and Several Rights with Respect to Taiwanese Collateral
	 	 	139	 

v

 

	 	 	 
	SCHEDULES
	 	 
	 
	 	 
	2.01
	 	Commitments and Applicable Percentages
	5.03
	 	Certain Authorizations
	5.05
	 	Existing Indebtedness
	5.06
	 	Litigation
	5.07
	 	Material Contracts
	5.08(b)
	 	Existing Liens
	5.08(c)
	 	Owned Real Property
	5.08(d)(i)
	 	Leased Real Property (Lessee)
	5.08(d)(ii)
	 	Leased Real Property (Lessor)
	5.08(e)
	 	Existing Investments
	5.08(f)
	 	Material Personal Property
	5.08(g)
	 	Accounts
	5.12(d)(ii)
	 	Foreign Plans
	5.13
	 	Subsidiaries and Other Equity Investments; Loan Parties
	5.17
	 	Intellectual Property Matters
	5.21
	 	Perfection Filings
	5.22
	 	Taxes, Etc.
	6.02(f)
	 	Certain Other Information
	6.13
	 	Guarantors
	7.02
	 	Continuing Indebtedness
	7.09
	 	Burdensome Agreements
	10.02
	 	Administrative Agent’s Office, Certain Addresses for Notices
	10.06
	 	Processing and Recordation Fees

vi

 

	 	 	 
	EXHIBITS
	 	 
	 
	 	 
	Form of
	 	 
	 
	 	 
	A
	 	Committed Loan Notice
	B
	 	Swing Line Loan Notice
	C-1
	 	Term Note
	C-2
	 	Revolving Credit Note
	D
	 	Compliance Certificate
	E
	 	Assignment and Assumption
	F-1
	 	Company Guaranty
	F-2
	 	US Subsidiary Guaranty
	F-3
	 	Japanese Guaranty
	F-4
	 	UK Subsidiary Guaranty
	F-5
	 	Taiwanese Subsidiary Guaranty
	G-1
	 	US Security Agreement
	G-2
	 	Japanese Security Agreements
	G-3
	 	UK Security Agreements
	G-4
	 	Taiwanese Security Agreements
	H
	 	Designated Borrower Request and Assumption Agreement
	I
	 	Designated Borrower Notice
	J
	 	Closing Date Certificate
	K
	 	Solvency Certificate

vii

 

CREDIT AGREEMENT

     This CREDIT AGREEMENT is entered into as of June 22, 2006, among ASYST TECHNOLOGIES, INC., a
California corporation (the “Company”), ASYST JAPAN, INC., a Japanese corporation
(“AJI”), and certain other Subsidiaries of the Company from time to time party hereto
pursuant to Section 2.14 (each a “Designated Borrower” and, together with the
Company and AJI, the “Borrowers”), each financial institution from time to time party
hereto (collectively, the “Lenders” and individually, a “Lender”), and BANK OF
AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.

     Pursuant to the Share Purchase Agreement, dated as of June 22, 2006 (the “Acquisition
Agreement”), among the Company, AJI and Shinko Electric, Co. Ltd. (“Shinko”), AJI will
acquire 44.1% of the outstanding Equity Interests in Asyst Shinko, Inc., a Japanese corporation
(“ASI”), not currently owned by AJI (the “Acquisition”).

     The Company has requested that the Lenders provide a term loan facility and a revolving credit
facility to finance the Acquisition and the transaction costs associated therewith, and for general
corporate purposes of the Company and its Subsidiaries, and the Lenders are willing to do so on the
terms and conditions set forth herein.

     In consideration of the mutual covenants and agreements herein contained, the parties hereto
covenant and agree as follows:

ARTICLE I

DEFINITIONS AND ACCOUNTING TERMS

     1.01 Defined Terms. As used in this Agreement, the following terms shall have the
meanings set forth below:

     “Accounts” means, collectively, “deposit accounts”, “securities accounts” and
“commodities accounts” as such terms are defined in the UCC.

     “Acquisition” has the meaning specified in the Preliminary Statements.

     “Acquisition Agreement” has the meaning specified in the Preliminary Statements.

     “Administrative Agent” means Bank of America in its capacity as administrative agent
under any of the Loan Documents, or any successor administrative agent or any designee of the
foregoing.

     “Administrative Agent’s Office” means, with respect to any currency, the
Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02
with respect to such currency, or such other address or account with respect to such currency as
the Administrative Agent may from time to time notify to the Company and the Lenders.

     “Administrative Questionnaire” means an Administrative Questionnaire in a form
supplied by the Administrative Agent.

1

 

     “Affiliate” means, with respect to any Person, another Person that directly, or
indirectly through one or more intermediaries, Controls or is Controlled by or is under common
Control with the Person specified.

     “Aggregate Commitments” means the Commitments of all the Lenders.

     “Agreement” means this Credit Agreement.

     “AJI” is defined in the introductory paragraph hereto.

     “AJI Japanese Security Agreement” means a pledge and security agreement, in
substantially the form of Exhibit G-2A.

     “Applicable Foreign Obligor Documents” has the meaning specified in Section
5.22.

     “Applicable Percentage” means (a) in respect of the Term Loan Facility, with respect
to any Term Lender at any time, the percentage (carried out to the ninth decimal place) of the Term
Loan Facility represented by (i) on or prior to the Closing Date, such Term Lender’s Term Loan
Commitment at such time and (ii) thereafter, the principal amount of such Term Lender’s Term Loans
at such time and (b) in respect of the Revolving Credit Facility, with respect to any Revolving
Credit Lender at any time, the percentage (carried out to the ninth decimal place) of the Revolving
Credit Facility represented by such Revolving Credit Lender’s Revolving Credit Commitment at such
time. If the commitment of each Revolving Credit Lender to make Revolving Credit Loans and the
obligation of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to
Section 8.02, or if the Revolving Credit Commitments have expired, then the Applicable
Percentage of each Revolving Credit Lender in respect of the Revolving Credit Facility shall be
determined based on the Applicable Percentage of such Revolving Credit Lender in respect of the
Revolving Credit Facility most recently in effect, giving effect to any subsequent assignments.
The initial Applicable Percentage of each Lender in respect of each Facility is set forth opposite
the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to
which such Lender becomes a party hereto, as applicable.

     “Applicable Rate” means (a) from the Closing Date to the date on which the
Administrative Agent receives a Compliance Certificate pursuant to Section 6.02(b) for the
fiscal quarter ending June 30, 2006, (i) with respect to the Revolving Credit Facility, 1.75% per
annum for Base Rate Loans and 2.75% per annum for Eurodollar Rate Loans and (ii) with respect to
the Term Loan Facility, 1.60% per annum for Base Rate Loans and 2.60% per annum for Eurodollar Rate
Loans and (b) thereafter, the applicable percentage per annum set forth below determined by
reference to the Consolidated Total Leverage Ratio as set forth in the most recent Compliance
Certificate received by the Administrative Agent pursuant to Section 6.02(b):

2

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Applicable Rate
	 	 	 	 	 	 	 	 	 	 	Revolving Credit Facility	 	Term Loan Facility
	 	 	 	 	Consolidated	 	 	 	 	 	Eurodollar	 	 	 	 	 	 	 	 
	Pricing	 	Total Leverage	 	Commitment	 	Rate & Letters	 	 	 	 	 	Eurodollar	 	 
	Level	 	Ratio	 	Fee	 	of Credit	 	Base Rate	 	Rate	 	Base Rate
	 	1	 	 	less than or equal
to 2.0:1
	 	 	0.375	%	 	 	2.00	%	 	 	1.00	%	 	 	1.85	%	 	 	0.85	%
	 	2	 	 	greater than 2.0:1
but less than or
equal to 2.5:1
	 	 	0.375	%	 	 	2.25	%	 	 	1.25	%	 	 	2.10	%	 	 	1.10	%
	 	3	 	 	greater than 2.5:1
but less than or
equal to 3.0:1
	 	 	0.50	%	 	 	2.50	%	 	 	1.50	%	 	 	2.35	%	 	 	1.35	%
	 	4	 	 	greater than 3.0:1
	 	 	0.50	%	 	 	2.75	%	 	 	1.75	%	 	 	2.60	%	 	 	1.60	%

Any increase or decrease in the Applicable Rate resulting from a change in the Consolidated
Total Leverage Ratio shall become effective as of the first Business Day immediately following the
date a Compliance Certificate is delivered pursuant to Section 6.02(b); provided
that if a Compliance Certificate is not delivered when due in accordance with such Section, then
Pricing Level 4 shall apply as of the first Business Day after the date on which such Compliance
Certificate was required to have been delivered; provided further that if the
Company has not filed its Form 10-K for the fiscal year ending March 31, 2006 with the SEC by (a)
September 30, 2006, the Applicable Rate from the beginning of the next succeeding fiscal quarter to
the earlier of (x) the date such Form 10-K is filed with the SEC and (y) January 1, 2007, shall be
equal to the Applicable Rate then in effect (without giving effect to this proviso) plus
0.25% and (b) December 31, 2006, the Applicable Rate from the beginning of the next succeeding
fiscal quarter to the date such Form 10-K is filed with the SEC shall be equal to the Applicable
Rate then in effect (without giving effect to this proviso) plus 0.50% (it being understood
that, in each case, upon filing of such Form 10-K with the SEC, this proviso shall no longer be in
effect and the Applicable Rate shall be as otherwise determined in accordance with this
definition).

     “Applicable Revolving Credit Percentage” means, with respect to any Revolving Credit
Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the
Revolving Credit Facility at such time.

     “Applicable Time” means, with respect to any borrowings and payments in Yen, the local
time in the place of settlement for Yen as may be determined by the Administrative Agent or the L/C
Issuer, as the case may be, to be necessary for timely settlement on the relevant date in
accordance with normal banking procedures in the place of payment.

     “Applicant Borrower” has the meaning specified in Section 2.14.

     “Appropriate Lender” means, at any time, (a) with respect to the Term Loan Facility or
the Revolving Credit Facility, a Lender that has a Commitment with respect to such Facility or
holds a Term Loan or a Revolving Credit Loan, respectively, at such time, (b) with respect to the
Letter of Credit Sublimit, (i) the L/C Issuer and (ii) if any Letters of Credit have been issued

3

 

pursuant to Section 2.03(a), the Revolving Credit Lenders and (c) with respect to
the Swing Line Sublimit, (i) the Swing Line Lender and (ii) if any Swing Line Loans are outstanding
pursuant to Section 2.04(a), the Revolving Credit Lenders.

     “Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an
Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a
Lender.

     “Arranger” means Banc of America Securities LLC in its capacity as sole lead arranger
and sole book manager.

     “ASI” has the meaning specified in the Preliminary Statements hereto.

     “Asset Trigger Event” means, with respect to any Subsidiary, at any time the aggregate
book value of the assets of such Subsidiary located in one country, together with the aggregate
book value of the assets located in such country of the Company or each other Subsidiary, equals or
exceed $1,000,000.

     “Assignee Group” means two or more Eligible Assignees that are Affiliates of one
another or two or more Approved Funds managed by the same investment advisor.

     “Assignment and Assumption” means an assignment and assumption entered into by a
Lender and an Eligible Assignee (with the consent of any party whose consent is required by
Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of
Exhibit E or any other form approved by the Administrative Agent.

     “ATI Japanese Security Agreement” means a pledge and security agreement, in
substantially the form of Exhibit G-2B.

     “Attributable Indebtedness” means, on any date, (a) in respect of any Capitalized
Lease of any Person, the capitalized amount thereof that would appear on a balance sheet of such
Person prepared as of such date in accordance with GAAP, (b) in respect of any Synthetic Lease
Obligation, the capitalized amount of the remaining lease or similar payments under the relevant
lease or other applicable agreement or instrument that would appear on a balance sheet of such
Person prepared as of such date in accordance with GAAP if such lease or other agreement or
instrument were accounted for as a Capitalized Lease and (c) all Synthetic Debt of such Person.

     “Audited Financial Statements” means the audited consolidated balance sheet of the
Company and its Subsidiaries for the fiscal year ended March 31, 2005, and the related consolidated
statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the
Company and its Subsidiaries, including the notes thereto.

     “Availability Period” means the period from and including the Closing Date to the
earliest of (a) the Maturity Date for the Revolving Credit Facility, (b) the date of termination of
the Revolving Credit Commitments pursuant to Section 2.06, and (c) the date of termination
of the commitment of each Revolving Credit Lender to make Revolving Credit Loans and of the
obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02.

4

 

     “Bank of America” means Bank of America, N.A. and its successors.

     “Base Rate” means for any day a fluctuating rate per annum equal to the higher of (a)
the Federal Funds Rate plus 1/2 of 1% and (b) the rate of interest in effect for such day as
publicly announced from time to time by Bank of America as its “prime rate.” The “prime rate” is a
rate set by Bank of America based upon various factors including Bank of America’s costs and
desired return, general economic conditions and other factors, and is used as a reference point for
pricing some loans, which may be priced at, above, or below such announced rate. Any change in
such rate announced by Bank of America shall take effect at the opening of business on the day
specified in the public announcement of such change.

     “Base Rate Loan” means a Revolving Credit Loan or a Term Loan that bears interest
based on the Base Rate. All Base Rate Loans shall be denominated in Dollars.

     “Borrowers” each has the meaning specified in the introductory paragraph hereto.

     “Borrower Account” has the meaning specified in Section 2.05(d).

     “Borrower Materials” has the meaning specified in Section 6.02.

     “Borrowing” means a Revolving Credit Borrowing, a Swing Line Borrowing or a Term Loan
Borrowing, as the context may require.

     “Business Day” means any day other than a Saturday, Sunday or other day on which
commercial banks are authorized to close under the Laws of, or are in fact closed in, the state
where the Administrative Agent’s Office with respect to Obligations denominated in Dollars is
located and:

     (a) if such day relates to any interest rate settings as to a Eurodollar Rate Loan
denominated in Dollars, any fundings, disbursements, settlements and payments in Dollars in
respect of any such Eurodollar Rate Loan, or any other dealings in Dollars to be carried out
pursuant to this Agreement in respect of any such Eurodollar Rate Loan, means any such day
on which dealings in Dollar deposits are conducted by and between banks in the London
interbank eurodollar market;

     (b) if such day relates to any interest rate settings as to a Eurodollar Rate Loan
denominated in a currency other than Dollars, means any such day on which dealings in
deposits in the relevant currency are conducted by and between banks in the London or other
applicable offshore interbank market for such currency; and

     (c) if such day relates to any fundings, disbursements, settlements and payments in a
currency other than Dollars in respect of a Eurodollar Rate Loan denominated in a currency
other than Dollars, or any other dealings in any currency other than Dollars to be carried
out pursuant to this Agreement in respect of any such Eurodollar Rate Loan (other than any
interest rate settings), means any such day on which banks are open for foreign exchange
business in the principal financial center of the country of such currency.

5

 

     “Capital Expenditures” means, with respect to any Person for any period, any
expenditure in respect of the purchase or other acquisition of any fixed or capital asset
(excluding normal replacements and maintenance which are properly charged to current operations).

     “Capitalized Leases” means all leases that have been or should be, in accordance with
GAAP, recorded as capitalized leases.

     “Cash Collateral Account” means a blocked, non-interest bearing deposit account of one
or more of the Loan Parties at Bank of America in the name of the Administrative Agent and under
the sole dominion and control of the Administrative Agent, and otherwise established in a manner
reasonably satisfactory to the Administrative Agent.

     “Cash Collateralize” has the meaning specified in Section 2.03(g).

     “Cash Equivalents” means any of the following types of Investments, to the extent
owned by the Company or any of its Subsidiaries free and clear of all Liens (other than Liens
created under the Collateral Documents):

     (a) readily marketable obligations issued or directly and fully guaranteed or insured
by the United States of America or any agency or instrumentality thereof having maturities
of not more than 360 days from the date of acquisition thereof; provided that the full faith
and credit of the United States of America is pledged in support thereof;

     (b) time deposits with, or insured certificates of deposit or bankers’ acceptances of,
any commercial bank that (i) (A) is a Lender or (B) is organized under the laws of the
United States of America, any state thereof or the District of Columbia or is the principal
banking subsidiary of a bank holding company organized under the laws of the United States
of America, any state thereof or the District of Columbia, and is a member of the Federal
Reserve System, (ii) issues (or the parent of which issues) commercial paper rated as
described in clause (c) of this definition and (iii) has combined capital and
surplus of at least $1,000,000,000, in each case with maturities of not more than 90 days
from the date of acquisition thereof;

     (c) commercial paper issued by any Person organized under the laws of any state of the
United States of America and rated at least “Prime-1” (or the then equivalent grade) by
Moody’s or at least “A-1” (or the then equivalent grade) by S&P, in each case with
maturities of not more than 180 days from the date of acquisition thereof; and

     (d) Investments, classified in accordance with GAAP as current assets of the Company or
any of its Subsidiaries, in money market investment programs registered under the Investment
Company Act of 1940, which are administered by financial institutions that have the highest
rating obtainable from either Moody’s or S&P, and the portfolios of which are limited solely
to Investments of the character, quality and maturity described in clauses (a),
(b) and (c) of this definition.

     “Cash Management Agreement” means any agreement to provide cash management services,
including treasury, depository, overdraft, credit or debit card, electronic funds transfer and
other cash management arrangements.

6

 

     “Cash Management Bank” means any Person that, at the time it enters into a Cash
Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such
Cash Management Agreement.

     “CERCLA” means the Comprehensive Environmental Response, Compensation and Liability
Act.

     “CERCLIS” means the Comprehensive Environmental Response, Compensation and Liability
Information System maintained by the US Environmental Protection Agency.

     “CFC” means a Person that is a controlled foreign corporation under Section 957 of the
Code.

     “Change in Law” means the occurrence, after the date of this Agreement, of any of the
following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change
in any law, rule, regulation or treaty or in the administration, interpretation or application
thereof by any Governmental Authority or (c) the making or issuance of any request, guideline or
directive (whether or not having the force of law) by any Governmental Authority.

     “Change of Control” means an event or series of events by which:

     (a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or
its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other
fiduciary or administrator of any such plan) becomes the “beneficial owner” (as defined in
Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or
group shall be deemed to have “beneficial ownership” of all securities that such person or
group has the right to acquire, whether such right is exercisable immediately or only after
the passage of time (such right, an “option right”)), directly or indirectly, of 20%
or more of the equity securities of the Company entitled to vote for members of the board of
directors or equivalent governing body of the Company on a fully-diluted basis (and taking
into account all such securities that such “person” or “group” has the right to acquire
pursuant to any option right); or

     (b) during any period of 24 consecutive months, a majority of the members of the board
of directors or other equivalent governing body of the Company cease to be composed of
individuals (i) who were members of that board or equivalent governing body on the first day
of such period, (ii) whose election or nomination to that board or equivalent governing body
was approved by individuals referred to in clause (i) above constituting at the time
of such election or nomination at least a majority of that board or equivalent governing
body or (iii) whose election or nomination to that board or other equivalent governing body
was approved by individuals referred to in clauses (i) and (ii) above
constituting at the time of such election or nomination at least a majority of that board or
equivalent governing body (excluding, in the case of both clause (ii) and clause
(iii), any individual whose initial nomination for, or assumption of office as, a member
of that board or equivalent governing body occurs as a result of an actual or threatened
solicitation of proxies or consents for the election or removal of one or more directors by

7

 

any person or group other than a solicitation for the election of one or more directors
by or on behalf of the board of directors); or

     (c) any Person or two or more Persons acting in concert shall have acquired by contract
or otherwise, or shall have entered into a contract or arrangement that, upon consummation
thereof, will result in its or their acquisition of the power to exercise, directly or
indirectly, a controlling influence over the management or policies of the Company, or
control over the equity securities of the Company entitled to vote for members of the board
of directors or equivalent governing body of the Company on a fully-diluted basis (and
taking into account all such securities that such Person or Persons have the right to
acquire pursuant to any option right) representing 20% or more of the combined voting power
of such securities; or

     (d) a “change of control” or any comparable term under, and as defined in, any Sub Debt
Documents shall have occurred.

     “Closing Date” means the first date all the conditions precedent in Section
4.01 are satisfied or waived in accordance with Section 10.01.

     “Closing Date Certificate” means the closing date certificate executed and delivered
by a Responsible Officer of each Loan Party substantially in the form of Exhibit J.

     “Code” means the Internal Revenue Code of 1986.

     “Collateral” means, collectively, all of the US Collateral, the Japanese Collateral,
the UK Collateral, the Taiwanese Collateral and the Other Foreign Collateral.

     “Collateral Documents” means, collectively, the US Collateral Documents, the Japanese
Collateral Documents, the UK Collateral Documents, the Taiwanese Collateral Documents and the Other
Foreign Collateral Documents.

     “Commitment” means a Term Loan Commitment or a Revolving Credit Commitment, as the
context may require.

     “Committed Loan Notice” means a notice of (a) a Term Loan Borrowing, (b) a Revolving
Credit Borrowing, (c) a conversion of Loans from one Type to the other, or (d) a continuation of
Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be
substantially in the form of Exhibit A.

     “Company” has the meaning specified in the introductory paragraph hereto.

     “Company Guaranty” means the Company Guaranty made by the Company in favor of the
Administrative Agent and the Lenders, substantially in the form of Exhibit F-1.

     “Compliance Certificate” means a certificate substantially in the form of Exhibit
D.

     “Consolidated EBITDA” means, at any date of determination, an amount equal to
Consolidated Net Income of the Company and its Subsidiaries on a consolidated basis for the

8

 

most recently completed Measurement Period plus (a) the following to the extent
deducted in calculating such Consolidated Net Income: (i) Consolidated Interest Charges, (ii) the
provision for Federal, state, local and foreign income taxes payable, and (iii) depreciation and
amortization expense and minus (b) to the extent included in calculating such Consolidated
Net Income, Federal, state, local and foreign income tax credits (in each case of or by the Company
and its Subsidiaries for such Measurement Period).

     “Consolidated Fixed Charge Coverage Ratio” means, at any date of determination, the
ratio of (a) (i) Consolidated EBITDA, less (ii) the aggregate amount of all Capital Expenditures,
and less (iii) the aggregate amount of Federal, state, local and foreign income taxes paid in cash
to (b) the sum of (i) Consolidated Interest Charges and (ii) the aggregate principal amount of all
regularly scheduled principal payments, current maturities of borrowed money and redemptions or
similar acquisitions for value of outstanding debt for borrowed money, but excluding any such
payments to the extent refinanced through the incurrence of additional Indebtedness otherwise
expressly permitted under Section 7.02, in each case, of or by the Company and its
Subsidiaries for the most recently completed Measurement Period.

     “Consolidated Funded Indebtedness” means, as of any date of determination, for the
Company and its Subsidiaries on a consolidated basis, the sum of all Funded Indebtedness.

     “Consolidated Interest Charges” means, for any Measurement Period, the sum of (a) all
interest, premium payments, debt discount, fees, charges and related expenses in connection with
borrowed money (including capitalized interest) or in connection with the deferred purchase price
of assets, in each case to the extent paid or payable in cash and treated as interest in accordance
with GAAP, (b) all cash interest paid or payable with respect to discontinued operations and (c)
the portion of rent expense under Capitalized Leases that is paid or payable in cash and treated as
interest in accordance with GAAP, in each case, of or by the Company and its Subsidiaries on a
consolidated basis for the most recently completed Measurement Period.

     “Consolidated Net Income” means, at any date of determination, the net income (or
loss) of the Company and its Subsidiaries on a consolidated basis for the most recently completed
Measurement Period; provided that Consolidated Net Income shall exclude (a) extraordinary
gains for such Measurement Period, (b) the net income of any Subsidiary during such Measurement
Period to the extent that the declaration or payment of dividends or similar distributions by such
Subsidiary of such income is not permitted by operation of the terms of its Organization Documents
or any agreement, instrument or Law applicable to such Subsidiary during such Measurement Period,
except that the Company’s equity in any net loss of any such Subsidiary for such Measurement Period
shall be included in determining Consolidated Net Income, and (c) any income (or loss) for such
Period of any Person if such Person is not a Subsidiary, except that the Company’s equity in the
net income of any such Person for such Measurement Period shall be included in Consolidated Net
Income up to the aggregate amount of cash actually distributed by such Person during such Period to
the Company or a Subsidiary as a dividend or other distribution (and in the case of a dividend or
other distribution to a Subsidiary, such Subsidiary is not precluded from further distributing such
amount to the Company as described in clause (b) of this proviso).

9

 

     “Consolidated Senior Indebtedness” means the Obligations and any and all other
Consolidated Funded Indebtedness other than the Subordinated Notes.

     “Consolidated Senior Leverage Ratio” means, as of any date of determination, the ratio
of (a) Consolidated Senior Indebtedness as of such date to (b) Consolidated EBITDA of the Company
and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

     “Consolidated Total Leverage Ratio” means, as of any date of determination, the ratio
of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA of the Company
and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

     “Continuing Debt” has the meaning specified in Section 7.02(d).

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

     “Control” means the possession, directly or indirectly, of the power to direct or
cause the direction of the management or policies of a Person, whether through the ability to
exercise voting power, by contract or otherwise. “Controlling” and “Controlled”
have meanings correlative thereto.

     “Control Agreement” means an agreement in form and substance satisfactory to the
Administrative Agent which provides for the Administrative Agent to have “control” (as defined in
Section 8-106 of the UCC, as such term relates to investment property (other than certificated
securities or commodity contracts), or as used in Section 9-106 of the UCC, as such term relates to
commodity contracts, or as used in Section 9-104(a) of the UCC, as such term relates to deposit
accounts).

     “Copyright Security Agreement” means any Copyright Security Agreement executed and
delivered by any Obligor, in substantially the form of Exhibit C to the US Security Agreement.

     “Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit
Extension.

     “Debtor Relief Laws” means the Bankruptcy Code of the United States (and any similar
provisions of Japanese Laws, UK Laws, Taiwanese Laws and Laws of any jurisdiction where Other
Foreign Loan Parties are located), the and all other liquidation, conservatorship, bankruptcy,
assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency,
reorganization, or similar debtor relief Laws of the United States, Japan or other applicable
jurisdictions from time to time in effect and affecting the rights of creditors generally.

     “Default” means any event or condition that constitutes an Event of Default or that,
with the giving of any notice, the passage of time, or both, would be an Event of Default.

10

 

     “Default Rate” means (a) when used with respect to Obligations other than Letter of
Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the highest Applicable
Rate applicable to Base Rate Loans under the Revolving Credit Facility plus (iii) 2% per
annum; provided that with respect to a Eurodollar Rate Loan, the Default Rate shall be an
interest rate equal to the interest rate (including the highest Applicable Rate) otherwise
applicable to such Loan plus 2% per annum, and (b) when used with respect to Letter of Credit Fees,
a rate equal to the highest Applicable Rate plus 2% per annum.

     “Defaulting Lender” means any Lender that (a) has failed to fund any portion of the
Term Loans, Revolving Credit Loans, participations in L/C Obligations or participations in Swing
Line Loans required to be funded by it hereunder within one Business Day of the date required to be
funded by it hereunder, (b) has otherwise failed to pay over to the Administrative Agent or any
other Lender any other amount required to be paid by it hereunder within one Business Day of the
date when due, unless the subject of a good faith dispute, or (c) has been deemed insolvent or
become the subject of a bankruptcy or insolvency proceeding.

     “Designated Borrower” has the meaning specified in the introductory paragraph hereto.

     “Designated Borrower Notice” has the meaning specified in Section 2.14.

     “Designated Borrower Request and Assumption Agreement” has the meaning specified in
Section 2.14.

     “Disclosed Litigation” has the meaning set forth in Section 5.06.

     “Disposition” or “Dispose” means the sale, transfer, license, lease or other
disposition (including any sale and leaseback transaction) of any property by any Person (or the
granting of any option or other right to do any of the foregoing), including any sale, assignment,
transfer or other disposal, with or without recourse, of any notes or accounts receivable or any
rights and claims associated therewith.

     “Dollar” and “$” mean lawful money of the United States.

     “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in
Dollars, such amount, and (b) with respect to any amount denominated in Yen, the equivalent amount
thereof in Dollars as determined by the Administrative Agent or the L/C Issuer, as the case may be,
at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation
Date) for the purchase of Dollars with Yen.

     “Eligible Assignee” means any Person that meets the requirements to be an assignee
under Section 10.06(b)(iii), (v) and (vi) (subject to such consents, if
any, as may be required under Section 10.06(b)(iii)).

     “Environmental Laws” means any and all Federal, state, local, and foreign statutes,
laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants,
franchises, licenses, agreements or governmental restrictions relating to pollution and the
protection of the environment or the release of any materials into the environment, including

11

 

those related to hazardous substances or wastes, air emissions and discharges to waste or
public systems.

     “Environmental Liability” means any liability, contingent or otherwise (including any
liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the
Company, any other Loan Party or any of their respective Subsidiaries directly or indirectly
resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use,
handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure
to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into
the environment or (e) any contract, agreement or other consensual arrangement pursuant to which
liability is assumed or imposed with respect to any of the foregoing.

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

     “Equity Interests” means, with respect to any Person, all of the shares of capital
stock of (or other ownership or profit interests in) such Person, all of the warrants, options or
other rights for the purchase or acquisition from such Person of shares of capital stock of (or
other ownership or profit interests in) such Person, all of the securities convertible into or
exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person
or warrants, rights or options for the purchase or acquisition from such Person of such shares (or
such other interests), and all of the other ownership or profit interests in such Person (including
partnership, member or trust interests therein), whether voting or nonvoting, and whether or not
such shares, warrants, options, rights or other interests are outstanding on any date of
determination.

     “ERISA” means the Employee Retirement Income Security Act of 1974.

     “ERISA Affiliate” means any trade or business (whether or not incorporated) under
common control with the Company within the meaning of Section 414(b) or (c) of the Code (and
Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the
Code).

     “ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) a
withdrawal by the Company or any ERISA Affiliate from a Pension Plan subject to Section 4063 of
ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2)
of ERISA) or a cessation of operations that is treated as such a withdrawal under Section 4062(e)
of ERISA; (c) a complete or partial withdrawal by the Company or any ERISA Affiliate from a
Multiemployer Plan or notification that a Multiemployer Plan is in reorganization; (d) the filing
of a notice of intent to terminate, the treatment of a Plan amendment as a termination under
Section 4041 or 4041A of ERISA, or the commencement of proceedings by the PBGC to terminate a
Pension Plan or Multiemployer Plan; (e) an event or condition which constitutes grounds under
Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any
Pension Plan or Multiemployer Plan; or (f) the imposition of any liability under Title IV of ERISA,
other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon the Company
or any ERISA Affiliate.

12

 

     “Eurodollar Rate” means, for any Interest Period with respect to a Eurodollar Rate
Loan, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”),
as published by Reuters (or other commercially available source providing quotations of BBA LIBOR
as designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London
time, two Business Days prior to the commencement of such Interest Period, for deposits in the
relevant currency (for delivery on the first day of such Interest Period) with a term equivalent to
such Interest Period. If such rate is not available at such time for any reason, then the
“Eurodollar Rate” for such Interest Period shall be the rate per annum determined by the
Administrative Agent to be the rate at which deposits in the relevant currency for delivery on the
first day of such Interest Period in Same Day Funds in the approximate amount of the Eurodollar
Rate Loan being made, continued or converted by Bank of America and with a term equivalent to such
Interest Period would be offered by Bank of America’s London Branch (or other Bank of America
branch or affiliate) to major banks in the London or other offshore interbank market for such
currency at their request at approximately 11:00 a.m. (London time) two Business Days prior to the
commencement of such Interest Period.

     “Eurodollar Rate Loan” means a Revolving Credit Loan or a Term Loan that bears
interest at a rate based on the Eurodollar Rate. Eurodollar Rate Loans may be denominated in
Dollars or in Yen. Except as set forth in Section 2.02(c), all Loans denominated in Yen
must be Eurodollar Rate Loans.

     “Event of Default” has the meaning specified in Section 8.01.

     “Excluded Accounts” means, collectively, Accounts of the Company and its Subsidiaries
(other than Accounts held at Bank of America or any other Secured Party), the average monthly
balance of which at any time, either individually or in the aggregate with all such other Accounts,
does not exceed $1,000,000.

     “Excluded Taxes” means, with respect to the Administrative Agent, any Lender, the L/C
Issuer or any other recipient of any payment to be made by or on account of any obligation of any
Borrower hereunder, (a) taxes imposed on or measured by its overall net income (however
denominated), and franchise taxes imposed on it (in lieu of net income taxes), by the jurisdiction
(or any political subdivision thereof) under the laws of which such recipient is organized or in
which its principal office is located or, in the case of any Lender, in which its applicable
Lending Office is located, (b) any branch profits taxes imposed by the United States or any similar
tax imposed by any other jurisdiction in which such Borrower is located and (c) except as provided
in the following sentence, in the case of a Foreign Lender (other than an assignee pursuant to a
request by the Company under Section 10.13), any withholding tax that is imposed on amounts
payable to such Foreign Lender at the time such Foreign Lender becomes a party hereto (or
designates a new Lending Office) or is attributable to such Foreign Lender’s failure or inability
(other than as a result of a Change in Law) to comply with Section 3.01(e), except to the
extent that such Foreign Lender (or its assignor, if any) was entitled, at the time of designation
of a new Lending Office (or assignment), to receive additional amounts from the applicable Borrower
with respect to such withholding tax pursuant to Section 3.01(a). Notwithstanding anything
to the contrary contained in this definition, “Excluded Taxes” shall not include any withholding
tax imposed at any time on payments made by or on behalf of a Foreign Obligor to any Lender

13

 

hereunder or under any other Loan Document, provided that such Lender shall have
complied with the last paragraph of Section 3.01(e).

     “Existing Indebtedness” has the meaning specified in Section 5.05(b).

     “Facility” means the Term Loan Facility or the Revolving Credit Facility, as the
context may require.

     “Federal Funds Rate” means, for any day, the 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 on such day, as published by the Federal Reserve Bank of
New York on the Business Day next succeeding such day; provided that (a) if such day is not
a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the
next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such
rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day
shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%)
charged to Bank of America on such day on such transactions as determined by the Administrative
Agent.

     “Fee Letter” means the letter agreement, dated February 15, 2006, among the Company,
the Administrative Agent and the Arranger.

     “Filing System” has the meaning specified in Section 6.16.

     “Forbearance Letter” means the Forbearance Letter, dated as of the Closing Date,
between the Company and the Administrative Agent.

     “Foreign Government Scheme or Arrangement” has the meaning specified in Section
5.12(d).

     “Foreign Lender” means, with respect to any Borrower, any Lender that is organized
under the laws of a jurisdiction other than that in which such Borrower is resident for tax
purposes. For purposes of this definition, the United States, each State thereof and the District
of Columbia shall be deemed to constitute a single jurisdiction.

     “Foreign Obligor” means a Loan Party other than a US Loan Party.

     “Foreign Plan” has the meaning specified in Section 5.12(d).

     “Foreign Plan Event” means (a) termination in whole of a Foreign Plan by the Company
or any of its Subsidiaries; (b) commencement of proceedings by the applicable pension regulator to
terminate in whole a Foreign Plan; (c) withdrawal by the Company or any of its Subsidiaries from a
“multi-employer pension plan,” as defined under any applicable Foreign Government Scheme or
Arrangement; or (d) an event which constitutes grounds under any applicable Foreign Government
Scheme or Arrangement for the applicable pension regulator to remove the administrator of a Foreign
Plan.

14

 

     “Foreign Subsidiary” means any Subsidiary that is organized under the laws of a
jurisdiction other than the United States, a State thereof or the District of Columbia.

     “FRB” means the Board of Governors of the Federal Reserve System of the United States.

     “Fund” means any Person (other than a natural person) that is (or will be) engaged in
making, purchasing, holding or otherwise investing in commercial loans and similar extensions of
credit in the ordinary course of its business.

     “Funded Indebtedness” means, with respect to any Person, (a) the outstanding principal
amount of all obligations, whether current or long-term, for borrowed money (including Obligations
hereunder) and all obligations evidenced by bonds, debentures, notes, loan agreements or other
similar instruments, (b) all purchase money Indebtedness, (c) all direct obligations arising under
letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety
bonds and similar instruments, (d) all obligations in respect of the deferred purchase price of
property or services (other than trade accounts payable in the ordinary course of business), (e)
all Attributable Indebtedness, (f) without duplication, all Guarantees with respect to outstanding
Indebtedness of the types specified in clauses (a) through (e) above of Persons
other than the Company or any Subsidiary, and (g) all Indebtedness of the types referred to in
clauses (a) through (f) above of any partnership or joint venture (other than a
joint venture that is itself a corporation or limited liability company) in which such Person is a
general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to such
Person.

     “GAAP” means generally accepted accounting principles in the United States set forth
in the opinions and pronouncements of the Accounting Principles Board and the American Institute of
Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date
of determination, consistently applied.

     “Governmental Authority” means the government of the United States, Japan or any other
nation, or of any political subdivision thereof, whether state or local, and any agency, authority,
instrumentality, regulatory body, court, central bank or other entity exercising executive,
legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to
government (including any supra-national bodies such as the European Union or the European Central
Bank).

     “Granting Lender” has the meaning specified in Section 10.06(h).

     “Guarantee” means, as to any Person, any (a) any obligation, contingent or otherwise,
of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other
obligation payable or performable by another Person (the “primary obligor”) in any manner, whether
directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to
purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or
other obligation, (ii) to purchase or lease property, securities or services for the

15

 

purpose of assuring the obligee in respect of such Indebtedness or other obligation of the
payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital,
equity capital or any other financial statement condition or liquidity or level of income or cash
flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other
obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in
respect of such Indebtedness or other obligation of the payment or performance thereof or to
protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any
assets of such Person securing any Indebtedness or other obligation of any other Person, whether or
not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or
otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any
Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related
primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not
stated or determinable, the maximum reasonably anticipated liability in respect thereof as
determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a
corresponding meaning.

     “Guaranties” means the Company Guaranty, the US Subsidiary Guaranty, the Japanese
Guaranty, the UK Subsidiary Guaranty, the Taiwanese Subsidiary Guaranty and each Other Foreign
Subsidiary Guaranty.

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

     “Hedge Bank” means any Person that, at the time it enters into a Secured Hedge
Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Secured
Hedge Agreement.

     “Honor Date” has the meaning specified in Section 2.03(c).

     “Indebtedness” means, as to any Person at a particular time, without duplication, all
of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

     (a) all obligations of such Person for borrowed money and all obligations of such
Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments;

     (b) all obligations, direct, contingent or otherwise, of such Person relative to the
face amount of all letters of credit (including standby and commercial), bankers’
acceptances, bank guaranties, surety bonds and similar instruments;

     (c) net obligations of such Person under any Swap Contract;

     (d) all obligations of such Person to pay the deferred purchase price of property or
services (other than trade accounts payable in the ordinary course of business

16

 

and not past due for more than 90 days (or 150 days in the case of trade accounts
payable of any Japanese Loan Party) after the date on which such trade account was created);

     (e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property
owned or being purchased by such Person (including indebtedness arising under conditional
sales or other title retention agreements), whether or not such indebtedness shall have been
assumed by such Person or is limited in recourse;

     (f) all Attributable Indebtedness in respect of Capitalized Leases and Synthetic Lease
Obligations of such Person and all Synthetic Debt of such Person;

     (g) all obligations of such Person to purchase, redeem, retire, defease or otherwise
make any payment in respect of any Equity Interest in such Person or any other Person or any
warrant, right or option to acquire such Equity Interest, valued, in the case of a
redeemable preferred interest, at the greater of its voluntary or involuntary liquidation
preference plus accrued and unpaid dividends; and

     (h) all Guarantees of such Person in respect of any of the foregoing.

     For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any
partnership or joint venture (other than a joint venture that is itself a corporation or limited
liability company) in which such Person is a general partner or a joint venturer, unless such
Indebtedness is expressly made non-recourse to such Person. The amount of any net obligation under
any Swap Contract on any date shall be deemed to be the Swap Termination Value thereof as of such
date.

     “Indemnified Taxes” means Taxes other than Excluded Taxes.

     “Indemnitees” has the meaning specified in Section 10.04(b).

     “Information” has the meaning specified in Section 10.07.

     “Interest Payment Date” means, (a) as to any Eurodollar Rate Loan, the last day of
each Interest Period applicable to such Loan and the Maturity Date of the Facility under which such
Loan was made; provided that if any Interest Period for a Eurodollar Rate Loan exceeds
three months, the respective dates that fall every three months after the beginning of such
Interest Period shall also be Interest Payment Dates; and (b) as to any Base Rate Loan (including a
Swing Line Loan), each Quarterly Payment Date and the Maturity Date of the Facility under which
such Loan was made (with Swing Line Loans being deemed made under the Revolving Credit Facility for
purposes of this definition).

     “Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the
date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan
and ending on the date one, two, three or (if available to all relevant Lenders) six months
thereafter, as selected by the Company in its Committed Loan Notice; provided that:

     (a) any Interest Period that would otherwise end on a day that is not a Business Day
shall be extended to the next succeeding Business Day unless such

17

 

Business Day falls in another calendar month, in which case such Interest Period shall
end on the next preceding Business Day;

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

     (c) no Interest Period shall extend beyond the Maturity Date of the Facility under
which such Loan was made.

     “Internal Control Event” means a material weakness in, or fraud that involves
management or other employees who have a significant role in, the Company’s internal controls over
financial reporting, in each case as described in the Securities Laws.

     “Investment” means, as to any Person, any direct or indirect acquisition or investment
by such Person, whether by means of (a) the purchase or other acquisition of Equity Interests of
another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of debt of,
or purchase or other acquisition of any other debt or interest in, another Person, or (c) the
purchase or other acquisition (in one transaction or a series of transactions) of assets of another
Person that constitute a business unit or all or a substantial part of the business of, such
Person. For purposes of covenant compliance, the amount of any Investment shall be the amount
actually invested, without adjustment for subsequent increases or decreases in the value of such
Investment.

     “IP Rights” has the meaning specified in Section 5.18.

     “IP Security Agreements” means Trademark Security Agreements, Copyright Security
Agreements, Patent Security Agreements and each other security or pledge agreement under which
intellectual property of the Loan Parties is pledged to the Administrative Agent.

     “IRS” means the United States Internal Revenue Service.

     “ISP” means, with respect to any Letter of Credit, the “International Standby
Practices 1998” published by the Institute of International Banking Law & Practice (or such later
version thereof as may be in effect at the time of issuance).

     “Issuer Documents” means with respect to any Letter of Credit, the Letter of Credit
Application, and any other document, agreement and instrument entered into by the L/C Issuer and
the Company (or any Subsidiary) or in favor the L/C Issuer and relating to such Letter of Credit.

     “Japanese Borrowers” means, collectively, AJI and, upon becoming a Designated
Borrower, ASI.

     “Japanese Collateral” means all of the “Collateral” and “Mortgaged Property” (or
similar terms) referred to in the Japanese Collateral Documents and all of the other property that
is or is

18

 

intended under the terms of the Japanese Collateral Documents to be subject to Liens in favor
of the Secured Parties (or any of them).

     “Japanese Collateral Documents” means, collectively, the Japanese Security Agreements,
the Japanese Mortgages, each of the mortgages, collateral assignments, Japanese Security Agreement
supplements, security agreements, pledge agreements or other similar agreements executed by any
Japanese Borrower or any Japanese Subsidiary Guarantor and delivered to the Administrative Agent in
accordance with Section 6.13, and each of the other agreements, instruments or documents
executed and/or delivered by any Japanese Subsidiary Guarantor that creates or purports to create a
Lien in favor of the Administrative Agent for the benefit of the Secured Parties.

     “Japanese Guaranty” means each Guaranty made by the Japanese Borrowers and the
Japanese Subsidiary Guarantors in favor of the Administrative Agent and the Lenders, substantially
in the form of Exhibit F-3.

     “Japanese Loan Party” means any Loan Party organized under the Laws of Japan or any
political subdivision or jurisdiction thereof.

     “Japanese Mortgages” means each Mortgage delivered by a Japanese Loan Party.

     “Japanese Security Agreement” means each of the ATI Japanese Security Agreement, the
AJI Japanese Security Agreement and each other pledge and security agreement and pledge and
security agreement supplement delivered by a Japanese Borrower or a Japanese Subsidiary Guarantor
in accordance with Section 6.13.

     “Japanese Subsidiary” means any Subsidiary organized under the Laws of Japan or any
political subdivision or jurisdiction thereof.

     “Japanese Subsidiary Guarantors” means, collectively, the Japanese Subsidiaries
(including the Japanese Borrowers) listed on Schedule 6.13 and each other Japanese
Subsidiary that executes and delivers a guaranty or guaranty supplement in accordance with
Section 6.13.

     “Laws” means, collectively, all international, foreign, Federal, state and local
statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or
judicial precedents or authorities, including the interpretation or administration thereof by any
Governmental Authority charged with the enforcement, interpretation or administration thereof, and
all applicable administrative orders, directed duties, requests, licenses, authorizations and
permits of, and agreements with, any Governmental Authority, in each case whether or not having the
force of law.

     “L/C Advance” means, with respect to each Revolving Credit Lender, such Lender’s
funding of its participation in any L/C Borrowing in accordance with its Applicable Revolving
Credit Percentage. All L/C Advances shall be denominated in Dollars.

     “L/C Borrowing” means an extension of credit resulting from a drawing under any Letter
of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit
Borrowing.

19

 

     “L/C Credit Extension” means, with respect to any Letter of Credit, the issuance
thereof or extension of the expiry date thereof, or the increase of the amount thereof.

     “L/C Issuer” means Bank of America in its capacity as issuer of Letters of Credit
hereunder, or any successor issuer of Letters of Credit hereunder.

     “L/C Obligations” means, as at any date of determination, the aggregate amount
available to be drawn under all outstanding Letters of Credit plus the aggregate of all
Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available
to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in
accordance with Section 1.08. For all purposes of this Agreement, if on any date of
determination a Letter of Credit has expired by its terms but any amount may still be drawn
thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be
deemed to be “outstanding” in the amount so remaining available to be drawn.

     “Lender” has the meaning specified in the introductory paragraph hereto and, as the
context requires, includes the Swing Line Lender.

     “Lending Office” means, as to any Lender, the office or offices of such Lender
described as such in such Lender’s Administrative Questionnaire, or such other office or offices as
a Lender may from time to time notify the Company and the Administrative Agent.

     “Letter of Credit” means any standby letter of credit issued hereunder. Letters of
Credit may be issued in Dollars or in Yen.

     “Letter of Credit Application” means an application and agreement for the issuance or
amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

     “Letter of Credit Expiration Date” means the day that is seven days prior to the
Maturity Date then in effect for the Revolving Credit Facility (or, if such day is not a Business
Day, the next preceding Business Day).

     “Letter of Credit Fee” has the meaning specified in Section 2.03(i).

     “Letter of Credit Sublimit” means an amount equal to $20,000,000. The Letter of
Credit Sublimit is part of, and not in addition to, the Revolving Credit Facility.

     “Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement,
encumbrance, lien (statutory or other), charge, or preference, priority or other security interest
or preferential arrangement in the nature of a security interest of any kind or nature whatsoever
(including any conditional sale or other title retention agreement, any easement, right of way or
other encumbrance on title to real property, and any financing lease having substantially the same
economic effect as any of the foregoing).

     “Loan” means an extension of credit by a Lender to a Borrower under Article II
in the form of a Term Loan, a Revolving Credit Loan or a Swing Line Loan.

20

 

     “Loan Documents” means, collectively, (a) this Agreement, (b) the Notes, (c) the
Guaranties, (d) the Collateral Documents, (e) the Fee Letter, (f) each Issuer Document, (g) each
Secured Hedge Agreement, (h) each Secured Cash Management Agreement, (i) each Designated Borrower
Request and Assumption Agreement and (j) the Forbearance Letter; provided that for purposes
of the definition of “Material Adverse Effect” and Articles IV through IX, “Loan
Documents” shall not include Secured Hedge Agreements or Secured Cash Management Agreements.

     “Loan Parties” means, collectively, the Company, each Japanese Borrower, each
Subsidiary Guarantor and each Designated Borrower.

     “Lost AJI Stock Certificates” has the meaning specified in Section
4.01(a)(iv)(A).

     “Material Adverse Effect” means (a) a material adverse change in, or a material
adverse effect upon, the operations, business, assets, liabilities (actual or contingent),
condition (financial or otherwise) or prospects of the Company and its Subsidiaries taken as a
whole; (b) a material impairment of the rights and remedies of the Administrative Agent or any
Lender under any Loan Document, or of the ability of any Loan Party to perform its obligations
under any Loan Document to which it is a party; or (c) a material adverse effect upon the legality,
validity, binding effect or enforceability against any Loan Party of any Loan Document to which it
is a party.

     “Material Contract” means, collectively, the Acquisition Agreement and Related
Documents and, with respect to the Company or any Subsidiary, each other contract to which such
Person is a party and which (a) involves aggregate consideration payable to or by such Person of
$500,000 or more in any year, (b) involves Indebtedness of such Person of $500,000 or more, (c)
involves Indebtedness owed to such Person of $500,000 or more or (d) is otherwise material to the
business or operations of such Person; provided that Material Contracts shall not include
(x) Loan Documents, (y) contracts with attorneys, accountants and other professionals or (z)
customer purchase orders under which an amount equal to or greater than 90% of total payments are
to be made within the first three months of such order (other than such purchase orders that,
individually or in the aggregate with all purchase orders with the same customer, provide for
payments to the Company and/or any of its Subsidiaries over the term of such purchase order(s),
which, in the aggregate, equal or exceed 10% of the quarterly revenue of the Company and its
Subsidiaries, taken as a whole).

     “Material Personal Property” means the following types of personal property: goods,
consumer goods, equipment, chattel paper, instruments, promissory notes, investment property,
rights to payment for money or funds advanced or sold, insurance proceeds, general intangibles,
payment intangibles, letter-of-credit rights and commercial tort claims, in each case with a book
value greater than or equal to $500,000 individually or in the aggregate (with all other property
of the same type); provided that “Material Personal Property” shall not include inventory,
accounts, deposit accounts, securities accounts, commodity accounts, commodity contracts or
Material Contracts. To the extent any of the above terms are defined in Articles 8 or 9 of the UCC
such terms shall has such definitions (it being understood that such definitions shall equally
apply to property located in the US and property not located in the US).

21

 

     “Material Property” means, collectively, Material Personal Property, Material Real
Property and Material Contracts.

     “Material Real Property” means, collectively, (a) any real property with a book value
greater than or equal to $1,000,000 individually or in the aggregate during a fiscal year and (b)
any lease of real property which contains personal property with a book value greater than or equal
to $1,000,000, or which is material to the business or operations of the Loan Party or Subsidiary
with an interest therein.

     “Maturity Date” means the earlier of (a) the third anniversary of the Closing Date and
(b) unless the aggregate outstanding principal amount of the Subordinated Notes have been
Refinanced prior to such date and the maturity date thereof extended to a date at least 91 days
following the date set forth in clause (a) above, March 31, 2008.

     “Measurement Period” means, at any date of determination, the most recently completed
four fiscal quarters of the Company or, if fewer than four consecutive fiscal quarters of the
Company have been completed since the Closing Date, the fiscal quarters of the Company that have
been completed since the Closing Date.

     “Moody’s” means Moody’s Investors Service, Inc. and any successor thereto.

     “Mortgage” means a deed of trust, trust deed, deed to secure debt, mortgage, leasehold
mortgage and leasehold deed of trust, in form and substance satisfactory to the Administrative
Agent.

     “Multiemployer Plan” means any employee benefit plan of the type described in Section
4001(a)(3) of ERISA, to which the Company or any ERISA Affiliate makes or is obligated to make
contributions, or during the preceding five plan years, has made or been obligated to make
contributions.

     “Note” means a Term Note or a Revolving Credit Note, as the context may require.

     “NPL” means the National Priorities List under CERCLA.

     “Obligations” means all advances to, and debts, liabilities, obligations, covenants
and duties of, any and all Loan Parties arising under any Loan Document or otherwise with respect
to any Loan or Letter of Credit, whether direct or indirect (including those acquired by
assumption), absolute or contingent, due or to become due, now existing or hereafter arising and
including interest and fees that accrue after the commencement by or against any Loan Party or any
Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor
in such proceeding, regardless of whether such interest and fees are allowed claims in such
proceeding.

     “Organization Documents” means, (a) with respect to any corporation, the certificate
or articles of incorporation and the bylaws (or equivalent or comparable constitutive documents
with respect to any non-US jurisdiction); (b) with respect to any limited liability company, the
certificate or articles of formation or organization and operating agreement; and (c) with respect
to any partnership, joint venture, trust or other form of business entity, the partnership, joint

22

 

venture or other applicable agreement of formation or organization and any agreement,
instrument, filing or notice with respect thereto filed in connection with its formation or
organization with the applicable Governmental Authority in the jurisdiction of its formation or
organization and, if applicable, any certificate or articles of formation or organization of such
entity.

     “Other AJI Equity Interests” means Equity Interests of AJI owned by any Person other
than the Loan Parties.

     “Other Foreign Collateral” means all of the “Collateral” and “Mortgaged Property” (or
similar terms) referred to in the Other Foreign Collateral Documents and all of the other property
that is or is intended under the terms of the Other Foreign Collateral Documents to be subject to
Liens in favor of the Secured Parties (or any of them).

     “Other Foreign Collateral Documents” means, collectively, the Other Foreign Security
Agreements, the Other Foreign Mortgages, each of the mortgages, collateral assignments, Other
Foreign Security Agreement supplements, security agreements, pledge agreements or other similar
agreements executed by any Other Foreign Loan Party and delivered to the Administrative Agent in
accordance with Section 6.13, and each of the other agreements, instruments or documents
executed by any Other Foreign Loan Party in connection with any Loan Document that creates or
purports to create a Lien in favor of the Administrative Agent for the benefit of the Secured
Parties.

     “Other Foreign Loan Party” means any Loan Party that is not a US Loan Party, a
Japanese Loan Party, a UK Loan Party or a Taiwanese Loan Party.

     “Other Foreign Mortgages” means each Mortgage delivered by an Other Foreign Loan
Party.

     “Other Foreign Security Agreements” means each pledge and security agreement and
pledge and security agreement supplement delivered by an Other Foreign Loan Party in accordance
with Section 6.13.

     “Other Foreign Subsidiary” means any Subsidiary that is not a US Subsidiary, a
Japanese Subsidiary, a UK Subsidiary or a Taiwanese Subsidiary.

     “Other Foreign Subsidiary Guarantors” means, collectively, each Other Foreign
Subsidiary that executes and delivers a guaranty or guaranty supplement in accordance with
Section 6.13.

     “Other Foreign Subsidiary Guaranty” means each Guaranty made by the Other Foreign
Subsidiary Guarantors in favor of the Administrative Agent and the Lenders in accordance with
Section 6.13.

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

23

 

     “Outstanding Amount” means (a) with respect to Term Loans and Revolving Credit Loans
on any date, the Dollar Equivalent amount of the aggregate outstanding principal amount thereof
after giving effect to any borrowings and prepayments or repayments of Term Loans and Revolving
Credit Loans, as the case may be, occurring on such date; (b) with respect to Swing Line Loans on
any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings
and prepayments or repayments of such Swing Line Loans occurring on such date; and (c) with respect
to any L/C Obligations on any date, the Dollar Equivalent amount of the aggregate outstanding
amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension
occurring on such date and any other changes in the aggregate amount of the L/C Obligations as of
such date, including as a result of any reimbursements by the Company of Unreimbursed Amounts.

     “Overnight Rate” means, for any day, (a) with respect to any amount denominated in
Dollars, the greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by the
Administrative Agent, the L/C Issuer, or the Swing Line Lender, as the case may be, in accordance
with banking industry rules on interbank compensation, and (b) with respect to any amount
denominated in Yen, the rate of interest per annum at which overnight deposits in Yen, in an amount
approximately equal to the amount with respect to which such rate is being determined, would be
offered for such day by a branch or Affiliate of Bank of America in the applicable offshore
interbank market for such currency to major banks in such interbank market.

     “Participant” has the meaning specified in Section 10.06(d).

     “Patent Security Agreement” means any Patent Security Agreement executed and delivered
by any Obligor, in substantially the form of Exhibit A to the US Security Agreement.

     “PBGC” means the Pension Benefit Guaranty Corporation.

     “PCAOB” means the Public Company Accounting Oversight Board.

     “Pension Plan” means any “employee pension benefit plan” (as such term is defined in
Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and
is sponsored or maintained by the Company or any ERISA Affiliate or to which the Company or any
ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple
employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time
during the immediately preceding five plan years.

     “Person” means any natural person, corporation, limited liability company, trust,
joint venture, association, company, partnership, Governmental Authority or other entity.

     “Plan” means any “employee benefit plan” (as such term is defined in Section 3(3) of
ERISA) established by the Company or, with respect to any such plan that is subject to Section 412
of the Code or Title IV of ERISA, any ERISA Affiliate.

     “Platform” has the meaning specified in Section 6.02.

     “Pledged Debt” means all notes and other instruments evidencing Indebtedness pledged
under any and all Security Agreements.

24

 

     “Pledged Equity” means all Equity Interests pledged under any and all Security
Agreements.

     “Prepayment Amount” has the meaning specified in Section 2.05(a).

     “Prepayment Date” has the meaning specified in Section 2.05(a).

     “Prepayment Notice” has the meaning specified in Section 2.05(a).

     “Quarterly Payment Date” means the last Business Day of each of March, June, September
and December.

     “Refinancings” means any refinancings, refundings, renewals or extensions thereof;
provided that the amount of such Indebtedness is not increased (other than with respect to
Subordinated Notes) at the time of such refinancing, refunding, renewal or extension except by an
amount equal to a reasonable premium or other reasonable amount paid, and fees and expenses
reasonably incurred, in connection with such refinancing and by an amount equal to any existing
commitments unutilized thereunder and the direct or any contingent obligor with respect thereto is
not changed, as a result of or in connection with such refinancing, refunding, renewal or
extension; provided that the terms relating to principal amount, amortization, maturity,
collateral (if any) and subordination (if any), and other material terms taken as a whole, of any
such refinancing, refunding, renewing or extending Indebtedness, and of any agreement entered into
and of any instrument issued in connection therewith, are no less favorable in any material respect
to the Loan Parties or the Lenders than the terms of any agreement or instrument governing the
Indebtedness being refinanced, refunded, renewed or extended and the interest rate applicable to
any such refinancing, refunding, renewing or extending Indebtedness does not exceed the then
applicable market interest rate.

     “Register” has the meaning specified in Section 10.06(c).

     “Registered Public Accounting Firm” has the meaning specified by the Securities Laws
and shall be independent of the Company as prescribed by the Securities Laws.

     “Related Documents” means each of the Ancillary Agreements identified in the
Acquisition Agreement and each other material agreement entered into in connection with the
Acquisition Agreement.

     “Related Parties” means, with respect to any Person, such Person’s Affiliates and the
partners, directors, officers, employees, agents and advisors of such Person and of such Person’s
Affiliates.

     “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA,
other than events for which the 30 day notice period has been waived.

     “Request for Credit Extension” means (a) with respect to a Borrowing, conversion or
continuation of Term Loans or Revolving Credit Loans, a Committed Loan Notice, (b) with respect to
an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan,
a Swing Line Loan Notice.

25

 

     “Required Lenders” means, as of any date of determination, Lenders holding more than
50% of the sum of the (a) Total Outstandings (with the aggregate amount of each Revolving Credit
Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being
deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate
unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment
of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall
be excluded for purposes of making a determination of Required Lenders.

     “Required Revolving Lenders” means, as of any date of determination, at least two
Revolving Credit Lenders holding more than 50% of the sum of (a) the Total Revolving Credit
Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and
funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving
Credit Lender for purposes of this definition) and (b) the aggregate unused Revolving Credit
Commitments; provided that the unused Revolving Credit Commitment of, and the portion of
the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be
excluded for purposes of making a determination of Required Revolving Lenders.

     “Required Term Lenders” means, as of any date of determination, at least two Term
Lenders holding more than 50% of the Term Loan Facility on such date; provided that the portion of
the Term Loan Facility held by any Defaulting Lender shall be excluded for purposes of making a
determination of Required Term Lenders.

     “Responsible Officer” means the chief executive officer, president, chief financial
officer, treasurer, assistant treasurer or controller of a Loan Party (other than a Japanese Loan
Party), or any director, in the case of any Japanese Loan Party. Any document delivered hereunder
that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been
authorized by all necessary corporate, partnership and/or other action on the part of such Loan
Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such
Loan Party.

     “Restricted Payment” means any dividend or other distribution (whether in cash,
securities or other property) with respect to any capital stock or other Equity Interest of any
Person or any of its Subsidiaries, or any payment (whether in cash, securities or other property),
including any sinking fund or similar deposit, on account of the purchase, redemption, retirement,
defeasance, acquisition, cancellation or termination of any such capital stock or other Equity
Interest, or on account of any return of capital to any Person’s stockholders, partners or members
(or the equivalent of any thereof), or any option, warrant or other right to acquire any such
dividend or other distribution or payment.

     “Revaluation Date” means (a) with respect to any Loan, each of the following: (i)
each date of a Borrowing of a Eurodollar Rate Loan denominated in Yen, and (ii) each date of a
continuation of a Eurodollar Rate Loan denominated in Yen pursuant to Section 2.02; and (b)
with respect to any Letter of Credit, each of the following: (i) each date of issuance of a Letter
of Credit denominated in Yen, (ii) each date of an amendment of any such Letter of Credit having
the effect of increasing the amount thereof (solely with respect to the increased amount),

26

 

(iii) each date of any payment by the L/C Issuer under any Letter of Credit denominated in
Yen, and (iv) the last Business Day of each calendar month and such additional dates as the
Administrative Agent or the L/C Issuer shall determine or the Required Lenders shall require.

     “Revolving Credit Borrowing” means a borrowing consisting of simultaneous Revolving
Credit Loans of the same Type, in the same currency and, in the case of Eurodollar Rate Loans,
having the same Interest Period made by each of the Revolving Credit Lenders pursuant to
Section 2.01(b).

     “Revolving Credit Commitment” means, as to each Revolving Credit Lender, its
obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b),
(b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line
Loans, in an aggregate principal amount at any one time outstanding not to exceed the Dollar amount
set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit
Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender
becomes a party hereto, as applicable, as such amount may be adjusted from time to time in
accordance with this Agreement.

     “Revolving Credit Facility” means, at any time, the aggregate amount of the Revolving
Credit Lenders’ Revolving Credit Commitments at such time. As of the Closing Date the Revolving
Credit Facility is $90,000,000.

     “Revolving Credit Lender” means, at any time, any Lender that has a Revolving Credit
Commitment at such time.

     “Revolving Credit Loan” has the meaning specified in Section 2.01(b).

     “Revolving Credit Note” means a promissory note made by a Borrower in favor of a
Revolving Credit Lender evidencing Revolving Credit Loans or Swing Line Loans, as the case may be,
made by such Revolving Credit Lender, substantially in the form of Exhibit C-2.

     “S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill
Companies, Inc., and any successor thereto.

     “Same Day Funds” means (a) with respect to disbursements and payments in Dollars and
payments in Yen, immediately available funds, and (b) with respect to disbursements in Yen, funds
available on a basis as may be determined by the Administrative Agent or the L/C Issuer, as the
case may be, to be customary in the place of disbursement for the settlement of international
banking transactions in Yen.

     “Sarbanes-Oxley” means the Sarbanes-Oxley Act of 2002.

     “SEC” means the Securities and Exchange Commission, or any Governmental Authority
succeeding to any of its principal functions.

     “Secured Cash Management Agreement” means any Cash Management Agreement that is
entered into by and between any Borrower and any Cash Management Bank.

27

 

     “Secured Hedge Agreement” means any interest rate Swap Contract permitted under
Section 7.02(a) that is entered into by and between any Borrower and any Hedge Bank.

     “Secured Parties” means, collectively, the Administrative Agent, the Lenders, the L/C
Issuer, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the
Administrative Agent from time to time pursuant to Section 9.05, or by the Secured Parties
pursuant to any other Loan Document, and the other Persons the Obligations owing to which are or
are purported to be secured by the Collateral under the terms of the Collateral Documents.

     “Securities Laws” means the Securities Act of 1933, the Securities Exchange Act of
1934, Sarbanes-Oxley and the applicable accounting and auditing principles, rules, standards and
practices promulgated, approved or incorporated by the SEC or the PCAOB.

     “Security Agreements” means, collectively, the US Security Agreement, the Japanese
Security Agreements, the UK Security Agreements, the Taiwanese Security Agreements and the Other
Foreign Security Agreements.

     “Shinko” has the meaning specified in the Preliminary Statements.

     “Solvent” and “Solvency” mean, with respect to any Person on any date of
determination, that on such date (a) the fair value of the tangible and intangible property
(including goodwill) of such Person is greater than the total amount of liabilities, including
contingent liabilities, of such Person, (b) the present fair salable value of the assets of such
Person is not less than the amount that will be required to pay the probable liability of such
Person on its debts as they become absolute and matured, (c) such Person does not intend to, and
does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay such
debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction,
and is not about to engage in business or a transaction, for which such Person’s property would
constitute an unreasonably small capital, and (e) such Person is able to pay its debts and
liabilities, contingent obligations and other commitments as they mature in the ordinary course of
business. The amount of contingent liabilities at any time shall be computed as the amount that,
in the light of all the facts and circumstances existing at such time, represents the amount that
can reasonably be expected to become an actual or matured liability.

     “SPC” has the meaning specified in Section 10.06(h).

     “Spot Rate” for a currency means the rate determined by the Administrative Agent or
the L/C Issuer, as applicable, to be the rate quoted by the Person acting in such capacity as the
spot rate for the purchase by such Person of such currency with another currency through its
principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days
prior to the date as of which the foreign exchange computation is made; provided that the
Administrative Agent or the L/C Issuer may obtain such spot rate from another financial institution
designated by the Administrative Agent or the L/C Issuer if the Person acting in such capacity does
not have as of the date of determination a spot buying rate for any such currency; and
provided further that the L/C Issuer may use such spot rate quoted on the date as
of which the foreign exchange computation is made in the case of any Letter of Credit denominated
in Yen.

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     “Sub Debt Documents” means, collectively, the loan agreements, indentures, note
purchase agreements, promissory notes, guarantees, and other instruments and agreements evidencing
the terms of Subordinated Debt (including the Subordinated Notes Documents).

     “Subordinated Debt” means unsecured Indebtedness of a Loan Party (including the
Subordinated Notes) subordinated in right of payment to the Obligations pursuant to documentation
containing redemption and other prepayment events, maturities, amortization schedules, covenants,
events of default, remedies, acceleration rights, subordination provisions and other material terms
satisfactory to the Administrative Agent.

     “Subordinated Notes” means the 5 3/4% unsecured convertible subordinated notes of the
Company due July 3, 2008 in an aggregate principal amount of $86,700,000 issued and sold on July 3,
2001 pursuant to the Subordinated Notes Documents.

     “Subordinated Notes Documents” means the Indenture, dated as of July 3, 2001, between
the Company and State Street Bank and Trust Company of California, N.A., a national banking
association, the Subordinated Notes and all other agreements, instruments and other documents
pursuant to which the Subordinated Notes have been or will be issued or otherwise setting forth the
terms of the Subordinated Notes.

     “Subordination Provisions” is defined in Section 8.01(m).

     “Subsidiary” of a Person means a corporation, partnership, joint venture (other than
any joint venture resulting from any strategic investment or joint development arrangement),
limited liability company or other business entity of which a majority of the shares of securities
or other interests having ordinary voting power for the election of directors or other governing
body (other than securities or interests having such power only by reason of the happening of a
contingency) are at the time beneficially owned, or the management of which is otherwise
controlled, directly, or indirectly through one or more intermediaries, or both, by such Person.
Unless otherwise specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall
refer to a Subsidiary or Subsidiaries of the Company.

     “Subsidiary Guarantors” means, collectively, the US Subsidiary Guarantors, the
Japanese Subsidiary Guarantors, the UK Subsidiary Guarantors, the Taiwanese Subsidiary Guarantors
and the Other Foreign Subsidiary Guarantors.

     “Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit
derivative transactions, forward rate transactions, commodity swaps, commodity options, forward
commodity contracts, equity or equity index swaps or options, bond or bond price or bond index
swaps or options or forward bond or forward bond price or forward bond index transactions, interest
rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar
transactions, currency swap transactions, cross-currency rate swap transactions, currency options,
spot contracts, or any other similar transactions or any combination of any of the foregoing
(including any options to enter into any of the foregoing), whether or not any such transaction is
governed by or subject to any master agreement, and (b) any and all transactions of any kind, and
the related confirmations, which are subject to the terms and conditions of, or governed by, any
form of master agreement published by the

29

 

International Swaps and Derivatives Association, Inc., any International Foreign Exchange
Master Agreement, or any other master agreement (any such master agreement, together with any
related schedules, a “Master Agreement”), including any such obligations or liabilities
under any Master Agreement.

     “Swap Termination Value” means, in respect of any one or more Swap Contracts, after
taking into account the effect of any legally enforceable netting agreement relating to such Swap
Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and
termination value(s) determined in accordance therewith, such termination value(s), and (b) for any
date prior to the date referenced in clause (a), the amount(s) determined as the
mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or
other readily available quotations provided by any recognized dealer in such Swap Contracts (which
may include a Lender or any Affiliate of a Lender).

     “Swing Line” means the revolving credit facility made available by the Swing Line
Lender pursuant to Section 2.04.

     “Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section
2.04.

     “Swing Line Lender” means Bank of America in its capacity as provider of Swing Line
Loans, or any successor swing line lender hereunder.

     “Swing Line Loan” has the meaning specified in Section 2.04(a).

     “Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to
Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit
B.

     “Swing Line Sublimit” means an amount equal to the lesser of (a) $10,000,000 and (b)
the Revolving Credit Facility. The Swing Line Sublimit is part of, and not in addition to, the
Revolving Credit Facility.

     “Synthetic Debt” means, with respect to any Person as of any date of determination
thereof, all obligations of such Person in respect of transactions entered into by such Person that
are intended to function primarily as a borrowing of funds (including any minority interest
transactions that function primarily as a borrowing) but are not otherwise included in the
definition of “Indebtedness” or as a liability on the consolidated balance sheet of such
Person and its Subsidiaries in accordance with GAAP.

     “Synthetic Lease Obligation” means the monetary obligation of a Person under (a) a
so-called synthetic, off-balance sheet or tax retention lease, or (b) an agreement for the use or
possession of property (including sale and leaseback transactions), in each case, creating
obligations that do not appear on the balance sheet of such Person but which, upon the application
of any Debtor Relief Laws to such Person, would be characterized as the indebtedness of such Person
(without regard to accounting treatment).

     “Taiwanese Collateral” means all of the “Collateral” and “Mortgaged Property” (or
similar terms) referred to in the Taiwanese Collateral Documents and all of the other property

30

 

that is or is intended under the terms of the Taiwanese Collateral Documents to be subject to
Liens in favor of the Secured Parties (or any of them).

     “Taiwanese Collateral Documents” means, collectively, the Taiwanese Security
Agreements, the Taiwanese Mortgages, each of the mortgages, collateral assignments, Taiwanese
Security Agreement supplements, security agreements, pledge agreements or other similar agreements
executed by any Taiwanese Loan Party and delivered to the Administrative Agent in accordance with
Section 6.13, and each of the other agreements, instruments or documents executed by any
Taiwanese Loan Party that creates or purports to create a Lien in favor of the Administrative Agent
for the benefit of the Secured Parties.

     “Taiwanese Loan Party” means any Loan Party that is organized under the Laws of Taiwan
or any political subdivision or jurisdiction thereof.

     “Taiwanese Mortgages” means each Mortgage delivered by a Taiwanese Loan Party.

     “Taiwanese Security Agreements” means each pledge and security agreement, in
substantially the forms of Exhibit G-4A, G-4B,
G-4C, 
G-4D and
G-4E and each other pledge and security agreement and pledge and security agreement
supplement delivered by a Taiwanese Loan Party in accordance with Section 6.13.

     “Taiwanese Subsidiary” means any Subsidiary that is organized under the Laws of Taiwan
or any political subdivision or jurisdiction thereof.

     “Taiwanese Subsidiary Guarantors” means, collectively, the Taiwanese Subsidiaries
listed on Schedule 6.13 and each other Taiwanese Subsidiary that executes and delivers a
guaranty or guaranty supplement in accordance with Section 6.13.

     “Taiwanese Subsidiary Guaranty” means each Guaranty made by the Taiwanese Subsidiary
Guarantors in favor of the Administrative Agent and the Lenders, substantially in the form of
Exhibit F-5.

     “Taxes” means all present or future taxes, levies, imposts, duties, deductions,
withholdings, assessments, fees or other charges imposed by any Governmental Authority, including
any interest, additions to tax or penalties applicable thereto.

     “Term Lender” means (a) at any time on or prior to the Closing Date, any Lender that
has a Term Loan Commitment at such time and (b) at any time after the Closing Date, any Lender that
holds Term Loans at such time.

     “Term Loan” means an advance made by any Term Lender under the Term Loan Facility.

     “Term Loan Borrowing” means a borrowing consisting of simultaneous Term Loans of the
same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each
of the Term Lenders pursuant to Section 2.01(a).

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     “Term Loan Commitment” means, as to each Term Lender, its obligation to make Term
Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any
one time outstanding not to exceed the Yen amount set forth opposite such Term Lender’s name on
Schedule 2.01 under the caption “Term Loan Commitment” or opposite such caption in the
Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable,
as such amount may be adjusted from time to time in accordance with this Agreement.

     “Term Loan Facility” means, at any time, (a) on or prior to the Closing Date, the
aggregate amount of the Term Loan Commitments at such time and (b) thereafter, the aggregate
principal amount of the Term Loans of all Term Lenders outstanding at such time. As of the Closing
Date the Term Loan Facility is ¥2,940,000,000.

     “Term Note” means a promissory note made by the Borrower in favor of a Term Lender
evidencing Term Loans made by such Term Lender, substantially in the form of Exhibit C-1.

     “Threshold Amount” means $5,000,000.

     “Total Outstandings” means the aggregate Outstanding Amount of all Loans and all L/C
Obligations.

     “Total Revolving Credit Outstandings” means the aggregate Outstanding Amount of all
Revolving Credit Loans, Swing Line Loans and L/C Obligations.

     “Transaction” means, collectively, (a) the consummation of the Acquisition, (b) the
entering into by the Loan Parties and their applicable Subsidiaries of the Loan Documents and the
Acquisition Agreement and Related Documents, in each case, to which they are or are intended to be
a party, (c) the Credit Extensions made on the Closing Date, (d) the refinancing of certain
outstanding Indebtedness of the Borrower and its Subsidiaries and the termination of all
commitments with respect thereto and (e) the payment of the fees and expenses incurred in
connection with the consummation of the foregoing.

     “Trademark Security Agreement” means any Trademark Security Agreement executed and
delivered by any Obligor, in substantially in the form of Exhibit B to the US Security Agreement.

     “Type” means, with respect to a Loan, its character as a Base Rate Loan or a
Eurodollar Rate Loan.

     “UCC” means the Uniform Commercial Code as in effect in the State of New York;
provided that, if perfection or the effect of perfection or non-perfection or the priority
of any security interest in any Collateral is governed by the Uniform Commercial Code as in effect
in a jurisdiction other than the State of New York, “UCC” means the Uniform Commercial Code as in
effect from time to time in such other jurisdiction for purposes of the provisions hereof relating
to such perfection, effect of perfection or non-perfection or priority.

     “UK Collateral” means all of the “Collateral” and “Mortgaged Property” (or similar
terms) referred to in the UK Collateral Documents and all of the other property that is or is

32

 

intended under the terms of the UK Collateral Documents to be subject to Liens in favor of the
Secured Parties (or any of them).

     “UK Collateral Documents” means, collectively, the UK Security Agreements, the UK
Mortgages, each of the mortgages, collateral assignments, UK Security Agreement supplements,
security agreements, pledge agreements or other similar agreements executed by any UK Loan Party
and delivered to the Administrative Agent in accordance with Section 6.13, and each of the
other agreements, instruments or documents executed by any UK Loan Party that creates or purports
to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties.

     “UK Loan Party” means any Loan Party that is organized under the Laws of England or
Wales or any political subdivision or jurisdiction thereof.

     “UK Mortgages” means each Mortgage delivered by a UK Loan Party.

     “UK Security Agreements” means each pledge and security agreements, in substantially
the forms of Exhibit G-3A and Exhibit G-3B, and each other pledge and security
agreement and pledge and security agreement supplement delivered by a UK Loan Party in accordance
with Section 6.13.

     “UK Subsidiary” means any Subsidiary that is organized under the Laws of England or
Wales or any political subdivision or jurisdiction thereof.

     “UK Subsidiary Guarantors” means, collectively, the UK Subsidiaries listed on
Schedule 6.13 and each other UK Subsidiary that executes and delivers a guaranty or
guaranty supplement in accordance with Section 6.13.

     “UK Subsidiary Guaranty” means each Guaranty made by the UK Subsidiary Guarantors in
favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit
F-4.

     “Unfunded Pension Liability” means the excess of a Pension Plan’s benefit liabilities
under Section 4001(a)(16) of ERISA, over the current value of that Pension Plan’s assets,
determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section
412 of the Code for the applicable plan year.

     “United Kingdom” and “U.K.” means the United Kingdom of Great Britain and
Northern Ireland.

     “United States” and “US” mean the United States of America.

     “Unreimbursed Amount” has the meaning specified in Section 2.03(c)(i).

     “US Collateral” means all of the “Collateral” and “Mortgaged Property” (or similar
terms) referred to in the US Collateral Documents and all of the other property that is or is
intended under the terms of the US Collateral Documents to be subject to Liens in favor of the
Administrative Agent for the benefit of the Secured Parties.

33

 

     “US Collateral Documents” means, collectively, the US Security Agreement, the US
Mortgages, each of the mortgages, collateral assignments, US Security Agreement supplements,
security agreements, pledge agreements or other similar agreements executed by any US Loan Party
and delivered to the Administrative Agent in accordance with Section 6.13, and each of the
other agreements, instruments or documents executed by any US Loan Party that creates or purports
to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties.

     “US Loan Party” means any Loan Party that is organized under the Laws of one of the
states of the United States of America and that is not a CFC.

     “US Mortgages” means each Mortgage delivered by a US Loan Party.

     “US Security Agreement” means a pledge and security agreement, in substantially the
form of Exhibit G-1, and each other pledge and security agreement and pledge and security
agreement supplement delivered by a US Loan Party in accordance with Section 6.13.

     “US Subsidiary” means any Subsidiary that is organized under the Laws of one of the
states of the United States of America and that is not a CFC.

     “US Subsidiary Guarantors” means, collectively, the US Subsidiaries listed on
Schedule 6.13 and each other US Subsidiary that executes and delivers a guaranty or
guaranty supplement in accordance with Section 6.13.

     “US Subsidiary Guaranty” means each Guaranty made by the US Subsidiary Guarantors in
favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit
F-2.

     “Yen” and “¥” mean the lawful currency of Japan.

     “Yen Equivalent” means, at any time, with respect to any amount denominated in
Dollars, the equivalent amount thereof in Yen as determined by the Administrative Agent or the L/C
Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of
the most recent Revaluation Date) for the purchase of Yen with Dollars.

     1.02 Other Interpretive Provisions. With reference to this Agreement and each other
Loan Document, unless otherwise specified herein or in such other Loan Document:

     (a) The definitions of terms herein shall apply equally to the singular and plural
forms of the terms defined. Whenever the context may require, any pronoun shall include the
corresponding masculine, feminine and neuter forms. The words “include,”
“includes” and “including” shall be deemed to be followed by the phrase
“without limitation.” The word “will” shall be construed to have the same meaning
and effect as the word “shall.” Unless the context requires otherwise, (i) any
definition of or reference to any agreement, instrument or other document (including any
Organization Document) shall be construed as referring to such agreement, instrument or
other document as from time to time amended, supplemented or otherwise modified (subject to
any restrictions on such amendments, supplements or modifications set forth herein or in any
other Loan Document), (ii) any reference herein to any Person shall be construed to include
such

34

 

Person’s successors and assigns, (iii) the words “herein,” “hereof” and
“hereunder,” and words of similar import when used in any Loan Document, shall be
construed to refer to such Loan Document in its entirety and not to any particular provision
thereof, (iv) all references in a Loan Document to Articles, Sections, Preliminary
Statements, Exhibits and Schedules shall be construed to refer to Articles and Sections of,
and Preliminary Statements, Exhibits and Schedules to, the Loan Document in which such
references appear, (v) any reference to any law shall include all statutory and regulatory
provisions consolidating, amending, replacing or interpreting such law and any reference to
any law or regulation shall, unless otherwise specified, refer to such law or regulation as
amended, modified or supplemented from time to time, and (vi) the words “asset” and
“property” shall be construed to have the same meaning and effect and to refer to
any and all tangible and intangible assets and properties, including cash, securities,
accounts and contract rights.

     (b) In the computation of periods of time from a specified date to a later specified
date, the word “from” means “from and including;” the words “to” and
“until” each mean “to but excluding;” and the word “through” means
“to and including.”

     (c) Section headings herein and in the other Loan Documents are included for
convenience of reference only and shall not affect the interpretation of this Agreement or
any other Loan Document.

     1.03 Accounting Terms. (a) Generally. All accounting terms not specifically
or completely defined herein shall be construed in conformity with, and all financial data
(including financial ratios and other financial calculations) required to be submitted pursuant to
this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in
effect from time to time, applied in a manner consistent with that used in preparing the Audited
Financial Statements, except as otherwise specifically prescribed herein.

     (b) Changes in GAAP. If at any time any change in GAAP would affect the
computation of any financial ratio or requirement set forth in any Loan Document, and either
the Company or the Required Lenders shall so request, the Administrative Agent, the Lenders
and the Company shall negotiate in good faith to amend such ratio or requirement to preserve
the original intent thereof in light of such change in GAAP (subject to the approval of the
Required Lenders); provided that, until so amended, (i) such ratio or
requirement shall continue to be computed in accordance with GAAP prior to such change
therein and (ii) the Company shall provide to the Administrative Agent and the Lenders
financial statements and other documents required under this Agreement or as reasonably
requested hereunder setting forth a reconciliation between calculations of such ratio or
requirement made before and after giving effect to such change in GAAP.

     (c) Consolidation of Variable Interest Entities. All references herein to
consolidated financial statements of the Company and its Subsidiaries or to the
determination of any amount for the Company and its Subsidiaries on a consolidated basis or
any similar reference shall, in each case, be deemed to include each variable interest
entity that the Company is required to consolidate pursuant to FASB

35

 

Interpretation No. 46 – Consolidation of Variable Interest Entities: an interpretation
of ARB No. 51 (January 2003) as if such variable interest entity were a Subsidiary as
defined herein.

     1.04 Rounding. Any financial ratios required to be maintained by the Loan Parties
pursuant to this Agreement shall be calculated by dividing the appropriate component by the other
component, carrying the result to one place more than the number of places by which such ratio is
expressed herein and rounding the result up or down to the nearest number (with a rounding-up if
there is no nearest number).

     1.05 Exchange Rates; Currency Equivalents. (a) The Administrative Agent or the L/C
Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for
calculating Dollar Equivalent amounts of Credit Extensions and Outstanding Amounts denominated in
Yen. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot
Rates employed in converting any amounts between the applicable currencies until the next
Revaluation Date to occur. Except for purposes of financial statements delivered by Loan Parties
hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the
applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be
such Dollar Equivalent amount as so determined by the Administrative Agent or the L/C Issuer, as
applicable.

     (b) Wherever in this Agreement in connection with a Borrowing, conversion, continuation
or prepayment of a Eurodollar Rate Loan or the issuance, amendment or extension of a Letter
of Credit, an amount, such as a required minimum or multiple amount, is expressed in
Dollars, but such Borrowing, Eurodollar Rate Loan or Letter of Credit is denominated in Yen,
such amount shall be the Yen Equivalent of such Dollar amount (rounded to the nearest Yen,
with 0.5 of a unit being rounded upward), as determined by the Administrative Agent or the
L/C Issuer, as the case may be.

     1.06 Change of Currency. Each provision of this Agreement also shall be subject to
such reasonable changes of construction as the Administrative Agent may from time to time specify
to be appropriate to reflect a change in currency of any other country and any relevant market
conventions or practices relating to the change in currency.

     1.07 Times of Day. Unless otherwise specified, all references herein to times of day
shall be references to Pacific time (daylight or standard, as applicable).

     1.08
Letter of Credit Amounts. Unless otherwise specified herein, the amount of a
Letter of Credit at any time shall be deemed to be the Dollar Equivalent of the stated amount of
such Letter of Credit in effect at such time; provided that with respect to any Letter of
Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or
more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be
deemed to be the Dollar Equivalent of the maximum stated amount of such Letter of Credit after
giving effect to all such increases, whether or not such maximum stated amount is in effect at such
time.

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ARTICLE II

THE COMMITMENTS AND CREDIT EXTENSIONS

     2.01 The Loans.

     (a) The Term Loan Borrowing. Subject to the terms and conditions set forth
herein, each Term Lender severally agrees to make a single loan to AJI in Yen on the Closing
Date in an aggregate amount not to exceed such Term Lender’s Term Loan Commitment. The Term
Loan Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in
accordance with their respective Term Loan Commitments. Amounts borrowed under this
Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may only be
Eurodollar Rate Loans, except as provided in Section 2.02(c).

     (b) The Revolving Credit Borrowings. Subject to the terms and conditions set
forth herein, each Revolving Credit Lender severally agrees to make loans (each such loan, a
“Revolving Credit Loan”) to the Borrowers in Dollars or in Yen from time to time, on
any Business Day during the Availability Period, in an aggregate amount not to exceed at any
time outstanding the amount of such Lender’s Revolving Credit Commitment; provided
that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit
Outstandings shall not exceed the Revolving Credit Facility, and (ii) the aggregate
Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender,
plus such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the
Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s
Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans
shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the
limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the
other terms and conditions hereof, the Borrowers may borrow under this Section
2.01(b), prepay under Section 2.05, and reborrow under this Section
2.01(b). Revolving Credit Loans may be Base Rate Loans or Eurodollar Rate Loans, as
further provided herein.

     2.02 Borrowings, Conversions and Continuations of Loans. (a) Each Term Loan
Borrowing, each Revolving Credit Borrowing, each conversion of Term Loans or Revolving Credit Loans
from one Type to the other and each continuation of Eurodollar Rate Loans shall be made upon the
Company’s irrevocable notice to the Administrative Agent, which may be given by telephone. Each
such notice must be received by the Administrative Agent not later than 11:00 a.m. (i) three
Business Days prior to the requested date of any Borrowing of, conversion to or continuation of
Eurodollar Rate Loans denominated in Dollars or of any conversion of Eurodollar Rate Loans
denominated in Dollars to Base Rate Loans, (ii) five Business Days prior to the
requested date of any Borrowing or continuation of Eurodollar Rate Loans denominated in Yen, and
(iii) on the requested date of any Borrowing of Base Rate Loans. Each telephonic notice by the
Company pursuant to this Section 2.02(a) must be confirmed promptly by delivery to the
Administrative Agent of a written Committed Loan Notice, appropriately completed and signed by a
Responsible Officer of the Company. Each Borrowing of, conversion to or continuation of Eurodollar
Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess
thereof. Except as provided in
Sections 2.03(c) and 2.04(c),

37

 

each Borrowing of or conversion to Base Rate
Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof.
Each Committed Loan Notice (whether telephonic or written) shall specify (i) whether the Company
is requesting a Term Loan Borrowing, a Revolving Credit Borrowing, a conversion of Term Loans or
Revolving Credit Loans from one Type to the other, or a continuation of Eurodollar Rate Loans, (ii)
the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be
a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv)
the Type of Loans to be borrowed or to which existing Term Loans or Revolving Credit Loans are to
be converted, (v) if applicable, the duration of the Interest Period with respect thereto, (vi) the
currency of the Revolving Credit Loans to be borrowed, and (vii) if applicable, the Designated
Borrower. If the Company fails to specify a currency in a Committed Loan Notice requesting a
Revolving Credit Borrowing, then the Revolving Credit Loans so requested shall be made in Dollars.
If the Company fails to specify a Type of Revolving Credit Loan in a Committed Loan Notice or if
the Company fails to give a timely notice requesting a conversion or continuation, then the
applicable Revolving Credit Loans shall be made as, or converted to, Base Rate Loans;
provided that in the case of a failure to timely request a continuation of Loans
denominated in Yen, such Loans shall be continued as Eurodollar Rate Loans in their original
currency with an Interest Period of one month. Any automatic conversion to Base Rate Loans shall
be effective as of the last day of the Interest Period then in effect with respect to the
applicable Eurodollar Rate Loans. If the Company requests a Borrowing of, conversion to, or
continuation of Eurodollar Rate Loans in any such Loan Notice, but fails to specify an Interest
Period, it will be deemed to have specified an Interest Period of one month. Notwithstanding
anything to the contrary herein, a Swing Line Loan may not be converted to a Eurodollar Rate Loan.
No Loan may be converted into or continued as a Loan denominated in a different currency.
Revolving Credit Loans may be prepaid in the original currency of such Revolving Credit Loan and
reborrowed in the other currency.

     (b) Following receipt of a Committed Loan Notice, the Administrative Agent shall
promptly notify each Lender of the amount (and currency) of its Applicable Percentage under
the Applicable Facility of the applicable Term Loans or Revolving Credit Loans, and if no
timely notice of a conversion or continuation is provided by the Company, the Administrative
Agent shall notify each Lender of the details of any automatic conversion to Base Rate Loans
or continuation of Committed Loans denominated in a currency other than Dollars, in each
case as described in the preceding clause. In the case of a Term Loan Borrowing or a
Revolving Credit Borrowing, each Appropriate Lender shall make the amount of its Loan
available to the Administrative Agent in Same Day Funds at the Administrative Agent’s Office
for the applicable currency not later than 1:00 p.m., in the case of any Loan denominated in
Dollars, and not later than the Applicable Time specified by the Administrative Agent in the
case of any Loan in Yen, in each case on the Business Day specified in the applicable
Committed Loan Notice. Upon satisfaction of the applicable conditions set forth in
Section 4.02 (and, if such Borrowing is the initial Credit Extension, Section
4.01), the Administrative Agent shall make all funds so received available to the
Company or the other applicable Borrower in like funds as received by the Administrative
Agent either by (i) crediting the account of such Borrower on the books of Bank of America
with the amount of such funds or (ii) wire transfer of such funds, in each case in
accordance with instructions provided to (and reasonably acceptable to) the Administrative
Agent by the Company;

38

 

provided that if, on the date a Committed Loan Notice with respect to a
Revolving Credit Borrowing denominated in Dollars is given by the Company, there are L/C
Borrowings outstanding, then the proceeds of such Revolving Credit Borrowing, first,
shall be applied to the payment in full of any such L/C Borrowings, and, second,
shall be made available to the applicable Borrower as provided above.

     (c) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or
converted only on the last day of an Interest Period for such Eurodollar Rate Loan. During
the existence of a Default, no Loans may be requested as, converted to or continued as
Eurodollar Rate Loans (whether in Dollars or Yen) without the consent of (x) with respect to
Term Loans, the Required Term Lenders, and (y) with respect to Revolving Credit Loans, the
Required Revolving Lenders. During the existence of an Event of Default (x) the Required
Term Lenders may demand that any or all of the then outstanding Eurodollar Rate Loans that
are Term Loans denominated in Yen be redenominated into Dollars in the amount of the Dollar
Equivalent thereof, on the last day of the then current Interest Period with respect
thereto, and (y) the Required Revolving Lenders may demand that any or all of the then
outstanding Eurodollar Rate Loans that are Revolving Credit Loans denominated in Yen be
prepaid, or redenominated into Dollars in the amount of the Dollar Equivalent thereof, on
the last day of the then current Interest Period with respect thereto.

     (d) The Administrative Agent shall promptly notify the Company and the Lenders of the
interest rate applicable to any Interest Period for Eurodollar Rate Loans upon determination
of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative
Agent shall notify the Company and the Lenders of any change in Bank of America’s prime rate
used in determining the Base Rate promptly following the public announcement of such change.

     (e) After giving effect to all Term Loan Borrowings, all conversions of Term Loans from
one Type to the other, and all continuations of Term Loans as the same Type, there shall not
be more than two Interest Periods in effect in respect of the Term Loan Facility. After
giving effect to all Revolving Credit Borrowings, all conversions of Revolving Credit Loans
from one Type to the other, and all continuations of Revolving Credit Loans as the same
Type, there shall not be more than eight Interest Periods in effect in respect of the
Revolving Credit Facility.

     2.03 Letters of Credit. (a) The Letter of Credit Commitment. (i) Subject
to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in reliance upon the
agreements of the Revolving Credit Lenders set forth in this Section 2.03, (1) from time to
time on any Business Day during the period from and including the Closing Date until the Letter of
Credit Expiration Date, to issue Letters of Credit denominated in Dollars or in Yen for the account
of any Borrower, and to amend or extend Letters of Credit previously issued by it, in accordance
with Section 2.03(b), and (2) to honor drawings under the Letters of Credit; and (B) the
Revolving Credit Lenders severally agree to participate in Letters of Credit issued for the account
of any Borrower and any drawings thereunder; provided that after giving effect to any L/C
Credit Extension with respect to any Letter of Credit, (x) the Total Revolving Credit Outstandings
shall not exceed the Revolving Credit Facility, (y) the
aggregate Outstanding Amount of the

39

 

Revolving Credit Loans of any Revolving Credit Lender, plus such Lender’s
Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such
Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans
shall not exceed such Lender’s Revolving Credit Commitment, and (z) the Outstanding Amount of the
L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the Company for
the issuance, amendment or extension of a Letter of Credit shall be deemed to be a representation
by the Company that the L/C Credit Extension so requested complies with the conditions set forth in
the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and
conditions hereof, the Company’s ability to obtain Letters of Credit shall be fully revolving, and
accordingly the Company may, during the foregoing period, obtain Letters of Credit to replace
Letters of Credit that have expired or that have been drawn upon and reimbursed.

     (ii) The L/C Issuer shall not issue any Letter of Credit if:

     (A) subject to Section 2.03(b)(iii), the expiry date of such
requested Letter of Credit would occur more than twelve months after the
date of issuance or last extension, unless the Required Revolving Lenders
have approved such expiry date; or

     (B) the expiry date of such requested Letter of Credit would occur
after the Letter of Credit Expiration Date or last extension, unless all the
Revolving Credit Lenders have approved such expiry date.

     (iii) The L/C Issuer shall not be under any obligation to issue any Letter of
Credit if:

     (A) any order, judgment or decree of any Governmental Authority or
arbitrator shall by its terms purport to enjoin or restrain the L/C Issuer
from issuing such Letter of Credit, or any Law applicable to the L/C Issuer
or any request or directive (whether or not having the force of law) from
any Governmental Authority with jurisdiction over the L/C Issuer shall
prohibit, or request that the L/C Issuer refrain from, the issuance of
letters of credit generally or such Letter of Credit in particular or shall
impose upon the L/C Issuer with respect to such Letter of Credit any
restriction, reserve or capital requirement (for which the L/C Issuer is not
otherwise compensated hereunder) not in effect on the Closing Date, or shall
impose upon the L/C Issuer any unreimbursed loss, cost or expense which was
not applicable on the Closing Date and which the L/C Issuer in good faith
deems material to it;

     (B) the issuance of such Letter of Credit would violate one or more
policies of the L/C Issuer applicable to letters of credit generally;

     (C) except as otherwise agreed by the Administrative Agent and the L/C
Issuer, such Letter of Credit is in an initial stated amount less than
$500,000, in the case of a standby Letter of Credit;

40

 

     (D) except as otherwise agreed by the Administrative Agent and the L/C
issuer, such Letter of Credit is to be denominated in a currency other than
Dollars or Yen; or

     (E) a default of any Lender’s obligations to fund under Section
2.03(c) exists or any Lender is at such time a Defaulting Lender
hereunder, unless the L/C Issuer has entered into satisfactory arrangements
with the applicable Borrowers or such Lender to eliminate the L/C Issuer’s
risk with respect to such Lender.

     (iv) The L/C Issuer shall not amend any Letter of Credit if the L/C Issuer
would not be permitted at such time to issue such Letter of Credit in its amended
form under the terms hereof.

     (v) The L/C Issuer shall be under no obligation to amend any Letter of Credit
if (A) the L/C Issuer would have no obligation at such time to issue such Letter of
Credit in its amended form under the terms hereof, or (B) the beneficiary of such
Letter of Credit does not accept the proposed amendment to such Letter of Credit.

     (vi) The L/C Issuer shall act on behalf of the Revolving Credit Lenders with
respect to any Letters of Credit issued by it and the documents associated
therewith, and the L/C Issuer shall have all of the benefits and immunities (A)
provided to the Administrative Agent in Article IX with respect to any acts
taken or omissions suffered by the L/C Issuer in connection with Letters of Credit
issued by it or proposed to be issued by it and Issuer Documents pertaining to such
Letters of Credit as fully as if the term “Administrative Agent” as used in
Article IX included the L/C Issuer with respect to such acts or omissions,
and (B) as additionally provided herein with respect to the L/C Issuer.

     (b) Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension
Letters of Credit. (i) Each Letter of Credit shall be issued or amended, as the case
may be, upon the request of a Borrower delivered to the L/C Issuer (with a copy to the
Administrative Agent) in the form of a Letter of Credit Application, appropriately completed
and signed by a Responsible Officer of such Borrower. Such Letter of Credit Application
must be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at
least two Business Days (or such later date and time as the Administrative Agent and the L/C
Issuer may agree in a particular instance in their sole discretion) prior to the proposed
issuance date or date of amendment, as the case may be. In the case of a request for an
initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in
form and detail reasonably satisfactory to the L/C Issuer: (A) the proposed issuance date of
the requested Letter of Credit (which shall be a Business Day); (B) the amount and currency
thereof; (C) the expiry date thereof; (D) the name and
address of the beneficiary thereof; (E) the documents to be presented by such
beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be
presented by such beneficiary in case of any drawing thereunder; and (G) such other matters
as the L/C Issuer may require. In the case of a request for an amendment of any outstanding
Letter

41

 

of Credit, such Letter of Credit Application shall specify in form and detail
reasonably satisfactory to the L/C Issuer (1) the Letter of Credit to be amended; (2) the
proposed date of amendment thereof (which shall be a Business Day); (3) the nature of the
proposed amendment; and (4) such other matters as the L/C Issuer may require. Additionally,
the applicable Borrower shall furnish to the L/C Issuer and the Administrative Agent such
other documents and information pertaining to such requested Letter of Credit issuance or
amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may
require.

     (ii) Promptly after receipt of any Letter of Credit Application, the L/C Issuer
will confirm with the Administrative Agent (by telephone or in writing) that the
Administrative Agent has received a copy of such Letter of Credit Application from
the applicable Borrower and, if not, the L/C Issuer will provide the Administrative
Agent with a copy thereof. Unless the L/C Issuer has received written notice from
any Revolving Credit Lender, the Administrative Agent or any Loan Party, at least
one Business Day prior to the requested date of issuance or amendment of the
applicable Letter of Credit, that one or more applicable conditions contained in
Article IV shall not then be satisfied, then, subject to the terms and
conditions hereof, the L/C Issuer shall, on the requested date, issue a Letter of
Credit for the account of the applicable Borrower or enter into the applicable
amendment, as the case may be, in each case in accordance with the L/C Issuer’s
usual and customary business practices. Immediately upon the issuance of each
Letter of Credit, each Revolving Credit Lender shall be deemed to, and hereby
irrevocably and unconditionally agrees to, purchase from the L/C Issuer a risk
participation in such Letter of Credit in an amount equal to the product of such
Revolving Credit Lender’s Applicable Revolving Credit Percentage times the
amount of such Letter of Credit.

     (iii) If a Borrower so requests in any applicable Letter of Credit Application,
the L/C Issuer may, in its sole and absolute discretion, agree to issue a Letter of
Credit that has automatic extension provisions (each, an “Auto-Extension Letter
of Credit”); provided that any such Auto-Extension Letter of Credit must
permit the L/C Issuer to prevent any such extension at least once in each
twelve-month period (commencing with the date of issuance of such Letter of Credit)
by giving prior notice to the beneficiary thereof not later than a day (the
“Non-Extension Notice Date”) in each such twelve-month period to be agreed
upon at the time such Letter of Credit is issued. Unless otherwise directed by the
L/C Issuer, the Company shall not be required to make a specific request to the L/C
Issuer for any such extension. Once an Auto-Extension Letter of Credit has been
issued, the Revolving Credit Lenders shall be deemed to have authorized (but may not
require) the L/C Issuer to permit the extension of such Letter of Credit at any time
to an expiry date not later than the Letter of Credit Expiration Date;
provided that the L/C Issuer shall not permit any such extension if (A) the
L/C Issuer has determined that it would not be permitted, or would have no
obligation, at such time to issue such Letter of Credit in its revised form (as
extended) under the terms hereof (by reason of the provisions of clause (ii)
or (iii) of Section 2.03(a) or otherwise), or (B) it has received
notice (which may be by

42

 

telephone or in writing) on or before the day that is five
Business Days before the Non-Extension Notice Date (1) from the Administrative Agent
that the Required Revolving Lenders have elected not to permit such extension or (2)
from the Administrative Agent, any Revolving Credit Lender or any Borrower that one
or more of the applicable conditions specified in Section 4.02 is not then
satisfied, and in each such case directing the L/C Issuer not to permit such
extension.

     (iv) If a Borrower so requests in any applicable Letter of Credit Application,
the L/C Issuer may, in its sole and absolute discretion, agree to issue a Letter of
Credit that permits the automatic reinstatement of all or a portion of the stated
amount thereof after any drawing thereunder (each, an “Auto-Reinstatement Letter
of Credit”). Unless otherwise directed by the L/C Issuer, no Borrower shall be
required to make a specific request to the L/C Issuer to permit such reinstatement.
Once an Auto-Reinstatement Letter of Credit has been issued, except as provided in
the following sentence, the Revolving Credit Lenders shall be deemed to have
authorized (but may not require) the L/C Issuer to reinstate all or a portion of the
stated amount thereof in accordance with the provisions of such Letter of Credit.
Notwithstanding the foregoing, if such Auto-Reinstatement Letter of Credit permits
the L/C Issuer to decline to reinstate all or any portion of the stated amount
thereof after a drawing thereunder by giving notice of such non-reinstatement within
a specified number of days after such drawing (the “Non-Reinstatement
Deadline”), the L/C Issuer shall not permit such reinstatement if it has
received a notice (which may be by telephone or in writing) on or before the day
that is thirty (30) days before the Non-Reinstatement Deadline (A) from the
Administrative Agent that the Required Revolving Lenders have elected not to permit
such reinstatement or (B) from the Administrative Agent, any Revolving Credit Lender
or any Borrower that one or more of the applicable conditions specified in
Section 4.02 is not then satisfied (treating such reinstatement as an L/C
Credit Extension for purposes of this clause) and, in each case, directing the L/C
Issuer not to permit such reinstatement.

     (v) Promptly after its delivery of any Letter of Credit or any amendment to a
Letter of Credit to an advising bank with respect thereto or to the beneficiary
thereof, the L/C Issuer will also deliver to the applicable Borrower and the
Administrative Agent a true and complete copy of such Letter of Credit or amendment.

     (c) Drawings and Reimbursements; Funding of Participations. (i) Upon receipt
from the beneficiary of any Letter of Credit of any notice of a drawing under such Letter of
Credit, the L/C Issuer shall notify the applicable Borrower and the Administrative Agent
thereof. In the case of a Letter of Credit denominated in Yen, the applicable Borrower
shall reimburse the L/C Issuer in Yen, unless (A) the L/C Issuer (at its option) shall have
specified in such notice that it will require reimbursement in
Dollars, or (B) in the absence of any such requirement for reimbursement in Dollars,
the applicable Borrower shall have notified the L/C Issuer promptly following receipt of the
notice of drawing that such Borrower will reimburse the L/C Issuer in Dollars. In the case
of any such reimbursement in Dollars of a drawing under a Letter of Credit

43

 

denominated in
Yen, the L/C Issuer shall notify the applicable Borrower of the Dollar Equivalent of the
amount of the drawing promptly following the determination thereof. Not later than 11:00
a.m. on the date of any payment by the L/C Issuer under a Letter of Credit to be reimbursed
in Dollars, or the Applicable Time on the date of any payment by the L/C Issuer under a
Letter of Credit to be reimbursed in Yen (each such date, an “Honor Date”), the
applicable Borrower shall reimburse the L/C Issuer through the Administrative Agent in an
amount equal to the amount of such drawing and in the applicable currency. If the
applicable Borrower (or any other Borrower) fails to so reimburse the L/C Issuer by such
time, the Administrative Agent shall promptly notify each Revolving Credit Lender of the
Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the amount of
the Dollar Equivalent thereof in the case of a Letter of Credit denominated in Yen) (the
“Unreimbursed Amount”), and the amount of such Revolving Credit Lender’s Applicable
Revolving Credit Percentage thereof. In such event, the applicable Borrower shall be deemed
to have requested a Revolving Credit Borrowing of Base Rate Loans to be disbursed on the
Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and
multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but
subject to the amount of the unutilized portion of the Revolving Credit Commitments and the
conditions set forth in Section 4.02 (other than the delivery of a Committed Loan
Notice). Any notice given by the L/C Issuer or the Administrative Agent pursuant to this
Section 2.03(c)(i) may be given by telephone if immediately confirmed in writing;
provided that the lack of such an immediate confirmation shall not affect the
conclusiveness or binding effect of such notice.

     (ii) Each Revolving Credit Lender shall upon any notice pursuant to Section
2.03(c)(i) make funds available to the Administrative Agent for the account of
the L/C Issuer, in Dollars, at the Administrative Agent’s Office for
Dollar-denominated payments in an amount equal to its Applicable Revolving Credit
Percentage of the Unreimbursed Amount not later than 1:00 p.m. on the Business Day
specified in such notice by the Administrative Agent, whereupon, subject to the
provisions of Section 2.03(c)(iii), each Revolving Credit Lender that so
makes funds available shall be deemed to have made a Base Rate Loan to the Company
in such amount. The Administrative Agent shall remit the funds so received to the
L/C Issuer in Dollars.

     (iii) With respect to any Unreimbursed Amount that is not fully refinanced by a
Revolving Credit Borrowing of Base Rate Loans because the conditions set forth in
Section 4.02 cannot be satisfied or for any other reason, the applicable
Borrower shall be deemed to have incurred from the L/C Issuer an L/C Borrowing in
the amount of the Unreimbursed Amount that is not so refinanced, which L/C Borrowing
shall be due and payable on demand (together with interest) and shall bear interest
at the Default Rate. In such event, each Revolving Credit Lender’s payment to the
Administrative Agent for the account of the L/C Issuer
pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of
its participation in such L/C Borrowing and shall constitute an L/C Advance from
such Lender in satisfaction of its participation obligation under this Section
2.03.

44

 

     (iv) Until each Revolving Credit Lender funds its Revolving Credit Loan or L/C
Advance pursuant to this Section 2.03(c) to reimburse the L/C Issuer for any
amount drawn under any Letter of Credit, interest in respect of such Lender’s
Applicable Revolving Credit Percentage of such amount shall be solely for the
account of the L/C Issuer.

     (v) Each Revolving Credit Lender’s obligation to make Revolving Credit Loans or
L/C Advances to reimburse the L/C Issuer for amounts drawn under Letters of Credit,
as contemplated by this Section 2.03(c), shall be absolute and unconditional
and shall not be affected by any circumstance, including (A) any setoff,
counterclaim, recoupment, defense or other right which such Lender may have against
the L/C Issuer, any Borrower, any Subsidiary or any other Person for any reason
whatsoever; (B) the occurrence or continuance of a Default, or (C) any other
occurrence, event or condition, whether or not similar to any of the foregoing;
provided that each Revolving Credit Lender’s obligation to make Revolving
Credit Loans pursuant to this Section 2.03(c) is subject to the conditions
set forth in Section 4.02 (other than delivery by the Company of a Committed
Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair
the obligation of the applicable Borrower to reimburse the L/C Issuer for the amount
of any payment made by the L/C Issuer under any Letter of Credit, together with
interest as provided herein.

     (vi) If any Revolving Credit Lender fails to make available to the
Administrative Agent for the account of the L/C Issuer any amount required to be
paid by such Lender pursuant to the foregoing provisions of this Section
2.03(c) by the time specified in Section 2.03(c)(ii), the L/C Issuer
shall be entitled to recover from such Lender (acting through the Administrative
Agent), on demand, such amount with interest thereon for the period from the date
such payment is required to the date on which such payment is immediately available
to the L/C Issuer at a rate per annum equal to the applicable Overnight Rate from
time to time in effect, plus any administrative, processing or similar fees
customarily charged by the L/C Issuer in connection with the foregoing. If such
Lender pays such amount (with interest and fees as aforesaid), the amount so paid
shall constitute such Lender’s Committed Loan included in the relevant Borrowing or
L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A
certificate of the L/C Issuer submitted to any Revolving Credit Lender (through the
Administrative Agent) with respect to any amounts owing under this clause
(vi) shall be conclusive absent manifest error.

     (d) Repayment of Participations. (i) At any time after the L/C Issuer has
made a payment under any Letter of Credit and has received from any Revolving Credit Lender
such Lender’s L/C Advance in respect of such payment in accordance with Section
2.03(c), if the Administrative Agent receives for the account of the L/C Issuer
any payment in respect of the related Unreimbursed Amount or interest thereon (whether
directly from the applicable Borrower or otherwise, including proceeds of Cash Collateral
applied thereto by the Administrative Agent), the Administrative Agent will distribute to

45

 

such Lender its Applicable Revolving Credit Percentage thereof in Dollars and in the same
funds as those received by the Administrative Agent.

     (ii) If any payment received by the Administrative Agent for the account of the
L/C Issuer pursuant to Section 2.03(c)(i) is required to be returned under
any of the circumstances described in Section 10.05 (including pursuant to
any settlement entered into by the L/C Issuer in its discretion), each Revolving
Credit Lender shall pay to the Administrative Agent for the account of the L/C
Issuer its Applicable Revolving Credit Percentage thereof on demand of the
Administrative Agent, plus interest thereon from the date of such demand to the date
such amount is returned by such Lender, at a rate per annum equal to the applicable
Overnight Rate from time to time in effect. The obligations of the Lenders under
this clause shall survive the payment in full of the Obligations and the termination
of this Agreement.

     (e) Obligations Absolute. The obligation of each applicable Borrower to
reimburse the L/C Issuer for each drawing under each Letter of Credit and to repay each L/C
Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in
accordance with the terms of this Agreement under all circumstances, including the
following:

     (i) any lack of validity or enforceability of such Letter of Credit, this
Agreement, or any other Loan Document;

     (ii) the existence of any claim, counterclaim, setoff, defense or other right
that any Borrower or any Subsidiary may have at any time against any beneficiary or
any transferee of such Letter of Credit (or any Person for whom any such beneficiary
or any such transferee may be acting), the L/C Issuer or any other Person, whether
in connection with this Agreement, the transactions contemplated hereby or by such
Letter of Credit or any agreement or instrument relating thereto, or any unrelated
transaction;

     (iii) any draft, demand, certificate or other document presented under such
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; or any
loss or delay in the transmission or otherwise of any document required in order to
make a drawing under such Letter of Credit;

     (iv) any payment by the L/C Issuer under such Letter of Credit against
presentation of a draft or certificate that does not strictly comply with the terms
of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of
Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession,
assignee for the benefit of creditors, liquidator, receiver or other representative
of or successor to any beneficiary or any transferee of such Letter
of Credit, including any arising in connection with any proceeding under any
Debtor Relief Law; or

46

 

     (v) any adverse change in the relevant exchange rates or in the availability of
the relevant Currency to any Borrower or any Subsidiary or in the relevant currency
markets generally; or

     (vi) any other circumstance or happening whatsoever, whether or not similar to
any of the foregoing, including any other circumstance that might otherwise
constitute a defense available to, or a discharge of, any Borrower or any
Subsidiary.

     Each Borrower shall promptly examine a copy of each Letter of Credit and each amendment
thereto that is delivered to it and, in the event of any claim of noncompliance with such
Borrower’s instructions or other irregularity, such Borrower will immediately notify the L/C
Issuer. Each Borrower shall be conclusively deemed to have waived any such claim against the L/C
Issuer and its correspondents unless such notice is given as aforesaid.

     (f) Role of L/C Issuer. Each Lender and each Borrower agree that, in paying
any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to
obtain any document (other than any sight draft, certificates and documents expressly
required by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy
of any such document or the authority of the Person executing or delivering any such
document. None of the L/C Issuer, the Administrative Agent, any of their respective Related
Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable to
any Lender for (i) any action taken or omitted in connection herewith at the request or with
the approval of the Revolving Credit Lenders or the Required Revolving Lenders, as
applicable; (ii) any action taken or omitted in the absence of gross negligence or willful
misconduct; or (iii) the due execution, effectiveness, validity or enforceability of any
document or instrument related to any Letter of Credit or Issuer Document. Each Borrower
hereby assumes all risks of the acts or omissions of any beneficiary or transferee with
respect to its use of any Letter of Credit; provided that this assumption is not
intended to, and shall not, preclude such Borrower’s pursuing such rights and remedies as it
may have against the beneficiary or transferee at law or under any other agreement. None of
the L/C Issuer, the Administrative Agent, any of their respective Related Parties nor any
correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for
any of the matters described in clauses (i) through (v) of Section
2.03(e); provided that anything in such clauses to the contrary notwithstanding,
a Borrower may have a claim against the L/C Issuer, and the L/C Issuer may be liable to such
Borrower, to the extent, but only to the extent, of any direct, as opposed to consequential
or exemplary, damages suffered by such Borrower which such Borrower proves were caused by
the L/C Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful failure
to pay under any Letter of Credit after the presentation to it by the beneficiary of a sight
draft and certificate(s) strictly complying with the terms and conditions of a Letter of
Credit. In furtherance and not in limitation of the foregoing, the L/C Issuer may accept
documents that appear on their face to be in order, without responsibility for further
investigation, regardless of any notice or information to the
contrary, and the L/C Issuer shall not be responsible for the validity or sufficiency
of any instrument transferring or assigning or purporting to transfer or assign a Letter of
Credit

47

 

or the rights or benefits thereunder or proceeds thereof, in whole or in part, which
may prove to be invalid or ineffective for any reason.

     (g) Cash Collateral. (i) Within 3 Business Days following the request of the
Administrative Agent, (A) if the L/C Issuer has honored any full or partial drawing request
under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (B) if, as
of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains
outstanding, the applicable Borrower shall, in each case, Cash Collateralize the then
Outstanding Amount of all L/C Obligations.

     (ii) In addition, if the Administrative Agent notifies the Company at any time
that the Outstanding Amount of all L/C Obligations at such time exceeds 105% of the
Letter of Credit Sublimit then in effect, then, within three Business Days after
receipt of such notice, each Borrower shall Cash Collateralize the L/C Obligations
in an amount equal to its pro rata share of the amount by which the
Outstanding Amount of all L/C Obligations exceeds the Letter of Credit Sublimit.

     (iii) The Administrative Agent may, at any time and from time to time after the
initial deposit of Cash Collateral, request that additional Cash Collateral be
provided in order to protect against the results of exchange rate fluctuations.

     (iv) Sections 2.05 and 8.02(c) set forth certain additional
requirements to deliver Cash Collateral hereunder. For purposes of this Section
2.03, Section 2.05 and Section 8.02(c), “Cash
Collateralize” means to pledge and deposit with or deliver to the Administrative
Agent, for the benefit of the L/C Issuer and the Lenders, as collateral for the L/C
Obligations, cash or deposit account balances pursuant to documentation in form and
substance reasonably satisfactory to the Administrative Agent and the L/C Issuer
(which documents are hereby consented to by the Lenders). Derivatives of such term
have corresponding meanings. Each Borrower hereby grants to the Administrative
Agent, for the benefit of the L/C Issuer and the Lenders, a security interest in all
such Cash Collateral and all proceeds of the foregoing. Cash Collateral shall be
maintained in blocked, non-interest bearing deposit accounts at Bank of America, or,
to the extent requested by the Company, invested in Cash Equivalents of a tenor
reasonably satisfactory to the Administrative Agent, which Cash Equivalents shall be
held in the name of the applicable Borrower and under control of the Administrative
Agent in a manner reasonably satisfactory to Administrative Agent. If at any time
the Administrative Agent determines that any funds held as Cash Collateral are
subject to any right or claim of any Person other than the Administrative Agent or
that the total amount of such funds is less than the aggregate Outstanding Amount of
all L/C Obligations, the applicable Borrower will, within 3 Business Days following
demand by the Administrative Agent, pay to the Administrative Agent, as additional
funds to be deposited as Cash Collateral, an amount equal to the excess of (x) such
aggregate Outstanding Amount over (y) the total amount of funds, if any, then held
as Cash Collateral that the Administrative Agent
determines to be free and clear of any such right and claim. Upon the drawing
of any Letter of Credit for which funds are on deposit as Cash Collateral, such
funds

48

 

shall be applied, to the extent permitted under applicable Laws, to reimburse
the L/C Issuer; provided that, at the request of applicable Borrower, the
Administrative Agent shall, within a reasonable period after such request and so
long as no Default then exists and no L/C Obligations remain outstanding, release
the Cash Collateral held hereunder as security and shall assign, transfer and
deliver to the applicable Borrower (without recourse and without any representations
or warranty) such Cash Collateral as is then being released.

     (h) Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer
and the applicable Borrower when a Letter of Credit is issued, the rules of the ISP shall
apply to each Letter of Credit.

     (i) Letter of Credit Fees. Each Borrower shall pay to the Administrative Agent
for the account of each Revolving Credit Lender in accordance with its Applicable Revolving
Credit Percentage, in Dollars, a Letter of Credit fee (the “Letter of Credit Fee”)
for each Letter of Credit issued with respect to such Borrower equal to the Applicable Rate
times the Dollar Equivalent of the daily amount available to be drawn under such
Letter of Credit. For purposes of computing the daily amount available to be drawn under
any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance
with Section 1.08. Letter of Credit Fees shall be (i) due and payable on the first
Business Day after the end of each March, June, September and December, commencing with the
first such date to occur after the issuance of such Letter of Credit, on the Letter of
Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in
arrears. If there is any change in the Applicable Rate during any quarter, the daily amount
available to be drawn under each Letter of Credit shall be computed and multiplied by the
Applicable Rate separately for each period during such quarter that such Applicable Rate was
in effect. Notwithstanding anything to the contrary contained herein, upon the request of
the Required Revolving Lenders, while any Event of Default exists, all Letter of Credit Fees
shall accrue at the Default Rate.

     (j) Fronting Fee and Documentary and Processing Charges Payable to L/C Issuer.
Each Borrower shall pay directly to the L/C Issuer for its own account, in Dollars, a
fronting fee with respect to each Letter of Credit issued with respect to such Borrower, at
the rate per annum specified in the Fee Letter, computed on the Dollar Equivalent of the
daily amount available to be drawn under such Letter of Credit on a quarterly basis in
arrears. Such fronting fee shall be due and payable on the tenth Business Day after the end
of each March, June, September and December in respect of the most recently-ended quarterly
period (or portion thereof, in the case of the first payment), commencing with the first
such date to occur after the issuance of such Letter of Credit, on the Letter of Credit
Expiration Date and thereafter on demand. For purposes of computing the daily amount
available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall
be determined in accordance with Section 1.08. In addition, each Borrower shall pay
directly to the L/C Issuer for its own account, in Dollars, the customary issuance,
presentation, amendment and other processing fees, and other standard costs and charges, of
the L/C Issuer relating to letters of credit issued with respect to such
Borrower as from time to time in effect. Such customary fees and standard costs and
charges are due and payable on demand and are nonrefundable.

49

 

     (k) Conflict with Issuer Documents. In the event of any conflict between the
terms hereof and the terms of any Issuer Document, the terms hereof shall control.

     (l) Letters of Credit Issued for Subsidiaries. Notwithstanding that a Letter
of Credit issued or outstanding hereunder is in support of any obligations of, or is for the
account of, a Subsidiary, the Company shall be obligated to reimburse the L/C Issuer
hereunder for any and all drawings under such Letter of Credit. The Company hereby
acknowledges that the issuance of Letters of Credit for the account of Subsidiaries inures
to the benefit of the Company, and that the Company’s business derives substantial benefits
from the businesses of such Subsidiaries.

     2.04 Swing Line Loans. (a) The Swing Line. Subject to the terms and
conditions set forth herein, the Swing Line Lender agrees, in reliance upon the agreements of the
other Lenders set forth in this Section 2.04, to make loans in Dollars (each such loan, a
“Swing Line Loan”) to the Company from time to time on any Business Day during the
Availability Period in an aggregate amount not to exceed at any time outstanding the amount of the
Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the
Applicable Revolving Credit Percentage of the Outstanding Amount of Revolving Credit Loans and L/C
Obligations of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s
Revolving Credit Commitment; provided that after giving effect to any Swing Line Loan, (i)
the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility at such
time, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving
Credit Lender at such time, plus such Revolving Credit Lender’s Applicable Revolving Credit
Percentage of the Outstanding Amount of all L/C Obligations at such time, plus such
Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all
Swing Line Loans at such time shall not exceed such Lender’s Revolving Credit Commitment, and
provided further that the Company shall not use the proceeds of any Swing Line Loan
to refinance any outstanding Swing Line Loan. Within the foregoing limits, and subject to the
other terms and conditions hereof, the Company may borrow under this Section 2.04, prepay
under Section 2.05, and reborrow under this Section 2.04. Each Swing Line Loan
shall be a Base Rate Loan. Immediately upon the making of a Swing Line Loan, each Revolving Credit
Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the
Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of
such Revolving Credit Lender’s Applicable Revolving Credit Percentage times the amount of
such Swing Line Loan.

     (b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the
Company’s irrevocable notice to the Swing Line Lender and the Administrative Agent, which
may be given by telephone. Each such notice must be received by the Swing Line Lender and
the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall
specify (i) the amount to be borrowed, which shall be a minimum of $1,000,000, and (ii) the
requested borrowing date, which shall be a Business Day. Each such telephonic notice must
be confirmed promptly by delivery to the Swing Line Lender and the Administrative Agent of a
written Swing Line Loan
Notice, appropriately completed and signed by a Responsible Officer of the Company.
Promptly after receipt by the Swing Line Lender of any telephonic Swing Line Loan Notice,
the Swing Line Lender will confirm with the Administrative Agent (by telephone

50

 

or in
writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if
not, the Swing Line Lender will notify the Administrative Agent (by telephone or in writing)
of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or
in writing) from the Administrative Agent (including at the request of any Revolving Credit
Lender) prior to 2:00 p.m. on the date of the proposed Swing Line Borrowing (A) directing
the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set
forth in the proviso to the first sentence of Section 2.04(a), or (B) that one or
more of the applicable conditions specified in Article IV is not then satisfied,
then, subject to the terms and conditions hereof, the Swing Line Lender will, not later than
3:00 p.m. on the borrowing date specified in such Swing Line Loan Notice, make the amount of
its Swing Line Loan available to the Company.

     (c) Refinancing of Swing Line Loans. (i) The Swing Line Lender at any time in
its sole and absolute discretion may request, on behalf of the Company (which hereby
irrevocably authorizes the Swing Line Lender to so request on its behalf), that each
Revolving Credit Lender make a Base Rate Loan in an amount equal to such Lender’s Applicable
Revolving Credit Percentage of the amount of Swing Line Loans then outstanding. Such
request shall be made in writing (which written request shall be deemed to be a Committed
Loan Notice for purposes hereof) and in accordance with the requirements of Section
2.02, without regard to the minimum and multiples specified therein for the principal
amount of Base Rate Loans, but subject to the unutilized portion of the Revolving Credit
Facility and the conditions set forth in Section 4.02. The Swing Line Lender shall
furnish the Company with a copy of the applicable Committed Loan Notice promptly after
delivering such notice to the Administrative Agent. Each Revolving Credit Lender shall make
an amount equal to its Applicable Revolving Credit Percentage of the amount specified in
such Committed Loan Notice available to the Administrative Agent in Same Day Funds for the
account of the Swing Line Lender at the Administrative Agent’s Office for Dollar-denominated
payments not later than 1:00 p.m. on the day specified in such Committed Loan Notice,
whereupon, subject to Section 2.04(c)(ii), each Revolving Credit Lender that so
makes funds available shall be deemed to have made a Base Rate Loan to the Company in such
amount. The Administrative Agent shall remit the funds so received to the Swing Line
Lender.

     (ii) If for any reason any Swing Line Loan cannot be refinanced by such a
Revolving Credit Borrowing in accordance with Section 2.04(c)(i), the
request for Base Rate Loans submitted by the Swing Line Lender as set forth herein
shall be deemed to be a request by the Swing Line Lender that each of the Revolving
Credit Lenders fund its risk participation in the relevant Swing Line Loan and each
Revolving Credit Lender’s payment to the Administrative Agent for the account of the
Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed payment in
respect of such participation.

     (iii) If any Revolving Credit Lender fails to make available to the
Administrative Agent for the account of the Swing Line Lender any amount required to
be paid by such Lender pursuant to the foregoing provisions of this Section
2.04(c) by the time specified in Section 2.04(c)(i), the Swing Line
Lender

51

 

shall be entitled to recover from such Lender (acting through the
Administrative Agent), on demand, such amount with interest thereon for the period
from the date such payment is required to the date on which such payment is
immediately available to the Swing Line Lender at a rate per annum equal to the
applicable Overnight Rate from time to time in effect, plus any administrative,
processing or similar fees customarily charged by the Swing Line Lender in
connection with the foregoing. If such Lender pays such amount (with interest and
fees as aforesaid), the amount so paid shall constitute such Lender’s Loan included
in the relevant Borrowing or funded participation in the relevant Swing Line Loan,
as the case may be. A certificate of the Swing Line Lender submitted to any Lender
(through the Administrative Agent) with respect to any amounts owing under this
clause (iii) shall be conclusive absent manifest error.

     (iv) Each Revolving Credit Lender’s obligation to make Revolving Credit Loans
or to purchase and fund risk participations in Swing Line Loans pursuant to this
Section 2.04(c) shall be absolute and unconditional and shall not be
affected by any circumstance, including (A) any setoff, counterclaim, recoupment,
defense or other right which such Lender may have against the Swing Line Lender, the
Company or any other Person for any reason whatsoever, (B) the occurrence or
continuance of a Default, or (C) any other occurrence, event or condition, whether
or not similar to any of the foregoing; provided that each Revolving Credit
Lender’s obligation to make Revolving Credit Loans pursuant to this Section
2.04(c) is subject to the conditions set forth in Section 4.02. No such
funding of risk participations shall relieve or otherwise impair the obligation of
the Company to repay Swing Line Loans, together with interest as provided herein.

     (d) Repayment of Participations. (i) At any time after any Revolving Credit
Lender has purchased and funded a risk participation in a Swing Line Loan, if the Swing Line
Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will
distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage
thereof in the same funds as those received by the Swing Line Lender.

     (ii) If any payment received by the Swing Line Lender in respect of principal
or interest on any Swing Line Loan is required to be returned by the Swing Line
Lender under any of the circumstances described in Section 10.05 (including
pursuant to any settlement entered into by the Swing Line Lender in its discretion),
each Revolving Credit Lender shall pay to the Swing Line Lender its Applicable
Revolving Credit Percentage thereof on demand of the Administrative Agent, plus
interest thereon from the date of such demand to the date such amount is returned,
at a rate per annum equal to the applicable Overnight Rate. The Administrative
Agent will make such demand upon the request of the Swing Line
Lender. The obligations of the Lenders under this clause shall survive the
payment in full of the Obligations and the termination of this Agreement.

     (e) Interest for Account of Swing Line Lender. The Swing Line Lender shall be
responsible for invoicing the Company for interest on the Swing Line Loans. Until

52

 

each
Revolving Credit Lender funds its Base Rate Loan or risk participation pursuant to this
Section 2.04 to refinance such Revolving Credit Lender’s Applicable Revolving Credit
Percentage of any Swing Line Loan, interest in respect of such Applicable Revolving Credit
Percentage shall be solely for the account of the Swing Line Lender.

     (f) Payments Directly to Swing Line Lender. The Company shall make all
payments of principal and interest in respect of the Swing Line Loans directly to the Swing
Line Lender.

     2.05 Prepayments. (a) Each Borrower may, upon notice (a “Prepayment Notice”)
from the Company to the Administrative Agent, at any time or from time to time, voluntarily prepay
Term Loans and Revolving Credit Loans in whole or in part without premium or penalty;
provided that (i) such notice must be received by the Administrative Agent not later than
11:00 a.m. (A) three Business Days prior to any date of prepayment of Revolving Credit Loans that
are Eurodollar Rate Loans denominated in Dollars, (B) five Business Days prior to any date of
prepayment of Revolving Credit Loans that are Eurodollar Rate Loans denominated in Yen, (C) on the
date of prepayment of Revolving Credit Loans that are Base Rate Loans and (D) ten Business Days
prior to any date of prepayment of Term Loans; (ii) any prepayment of Eurodollar Rate Loans
denominated in Dollars shall be in a principal amount of $5,000,000 or a whole multiple of
$1,000,000 in excess thereof; (iii) any prepayment of Eurodollar Rate Loans denominated in Yen
shall be in a minimum principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess
thereof; and (iv) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a
whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount
thereof then outstanding. Each Prepayment Notice shall specify the date (the “Prepayment
Date”) and amount (the “Prepayment Amount”) of such prepayment and the Type(s) of Loans
to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such
Loans. The Administrative Agent will promptly notify each Lender of its receipt of each Prepayment
Notice, and of the amount of such Lender’s ratable portion of such prepayment (based on such
Lender’s Applicable Percentage in respect of the relevant Facility). With respect to any Term
Loan, each Term Lender may decline to be prepaid on the Prepayment Date applicable to a prepayment.
If any Term Lender declines to be prepaid on a Prepayment Date, (x) the applicable Borrower shall
prepay each non-declining Term Lender an amount equal to its Applicable Percentage of the
Prepayment Amount specified in the applicable Prepayment Notice on the Prepayment Date specified in
such notice and such amounts shall be due and payable on such date and (y) the applicable Borrower
may (but is not required to) make a prepayment to each declining Term Lender in an amount equal to
its Applicable Percentage of the Prepayment Amount specified in such Prepayment Notice on the date
that is thirty days following the Prepayment Date specified in such notice, and each declining Term
Lender shall be required to accept such payment on such later date. If such Borrower elects to
make the voluntary prepayment described in clause (y) above, the Company shall send notice
(the “Declining Lender Notice”) to the Administrative Agent and the applicable declining
Term Lender five Business Days prior to the date of such prepayment, which notice
shall specify such later prepayment date and the amount of the prepayment being made to each
declining Lender based on its Applicable Percentage of the Prepayment Amount specified in the
original Prepayment Notice and the Interest Period(s) of such Loans. If such Declining Lender
Notice is given by the Company, the applicable Borrower shall make such prepayment and the payment
amounts specified in such notice shall be due and payable on the date specified therein.

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Any
prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount
prepaid, together with any additional amounts required pursuant to Section 3.05. Each
prepayment of (x) the outstanding Term Loans pursuant to this Section 2.05(a) shall be
applied to the principal repayment installments thereof in inverse order of maturity and (y) the
outstanding Revolving Credit Loans shall be applied to the Revolving Credit Loans, and each such
prepayment shall be paid to the Lenders in accordance with their respective Applicable Percentages
in respect of each of the relevant Facilities.

     (b) The Company may, upon notice to the Swing Line Lender (with a copy to the
Administrative Agent), at any time or from time to time, voluntarily prepay Swing Line Loans
in whole or in part without premium or penalty; provided that (A) such notice must
be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m.
on the date of the prepayment, and (B) any such prepayment shall be in a minimum principal
amount of $100,000. Each such notice shall specify the date and amount of such prepayment.
If such notice is given by the Company, the Company shall make such prepayment and the
payment amount specified in such notice shall be due and payable on the date specified
therein.

     (c) Mandatory.

     (i) If the Administrative Agent notifies the Company at any time that the Total
Revolving Credit Outstandings at such time exceed an amount equal to 105% of the
Revolving Credit Facility then in effect, then, within three Business Days after
receipt of such notice, each Borrower shall prepay its pro rata
share of the Revolving Credit Loans, Swing Line Loans and L/C Borrowings and/or each
Borrower shall Cash Collateralize the L/C Obligations in an amount equal to its
pro rata share of the aggregate amount sufficient to reduce such
Outstanding Amount as of such date of payment to an amount not to exceed 100% of the
Revolving Credit Facility then in effect; provided that, subject to the
provisions of Section 2.03(g)(ii), no Borrower shall be required to Cash
Collateralize the L/C Obligations pursuant to this Section 2.05(c) unless
after the prepayment in full of the Loans the Total Revolving Credit Outstandings
exceed the Revolving Credit Facility then in effect. The Administrative Agent may,
at any time and from time to time after the initial deposit of such Cash Collateral,
request that additional Cash Collateral be provided in order to protect against the
results of further exchange rate fluctuations.

     (ii) Prepayments of the Revolving Credit Facility made pursuant to this
Section 2.05(c), first, shall be applied ratably to the L/C
Borrowings and the Swing Line Loans, second, shall be applied ratably to the
outstanding Revolving Credit Loans, and, third, shall be used to Cash
Collateralize the remaining L/C Obligations. Upon the drawing of any Letter of
Credit that has been Cash
Collateralized, the funds held as Cash Collateral shall be applied (without any
further action by or notice to or from the Company or any other Loan Party) to
reimburse the L/C Issuer or the Revolving Credit Lenders, as applicable.

54

 

     (d) On each date when the payment of any Obligations are due hereunder or under any
Note, each Borrower agrees to maintain on deposit in a Cash Collateral Account (as such
account shall be designated by such Borrower in a written notice to the Administrative Agent
from time to time, its “Borrower Account”) an amount sufficient to pay such
Obligations in full. Each Borrower hereby authorizes the Administrative Agent (i) to deduct
automatically all Obligations when due hereunder, or under the Notes from the relevant
Borrower Account, and (ii) if and to the extent any payment under this Agreement or any
other Loan Document is not made when due, to deduct automatically any such amount from any
or all of the accounts of such Borrower maintained with the Administrative Agent. The
Administrative Agent agrees to provide timely notice to Borrower of any automatic deduction
made pursuant to this Section 2.05(d).

     2.06 Termination or Reduction of Commitments. (a) The Company may, upon notice to
the Administrative Agent, terminate the Revolving Credit Facility, the Letter of Credit Sublimit or
the Swing Line Sublimit, or from time to time permanently reduce the Revolving Credit Facility, the
Letter of Credit Sublimit or the Swing Line Sublimit; provided that (i) any such notice
shall be received by the Administrative Agent not later than 11:00 a.m. five Business Days prior to
the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate
amount of $10,000,000 or any whole multiple of $1,000,000 in excess thereof, (iii) the Company
shall not terminate or reduce the Revolving Credit Facility if, after giving effect thereto and to
any concurrent prepayments hereunder, the Total Revolving Credit Outstandings would exceed the
Revolving Credit Facility, and (iv) if, after giving effect to any reduction of the Revolving
Credit Facility, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the
Revolving Credit Facility, such Sublimit shall be automatically reduced by the amount of such
excess. The Administrative Agent will promptly notify the Lenders of any such notice of
termination or reduction of the Revolving Credit Facility. Any reduction of the Revolving Credit
Facility shall be applied to the Commitment of each Lender according to its Applicable Percentage.
All fees accrued until the effective date of any termination of the Revolving Credit Facility shall
be paid on the effective date of such termination. In addition, the aggregate Term Loan
Commitments shall be automatically and permanently reduced to zero on the date of the Term Loan
Borrowing.

     (b) The Administrative Agent will promptly notify the Lenders of any termination or
reduction of the Letter of Credit Sublimit, Swing Line Sublimit or the Revolving Credit
Commitment under this Section 2.06. Upon any reduction of the Revolving Credit
Commitments, the Revolving Credit Commitment of each Revolving Credit Lender shall be
reduced by such Lender’s Applicable Revolving Credit Percentage of such reduction amount.
All fees in respect of the Revolving Credit Facility accrued until the effective date of any
termination of the Revolving Credit Facility shall be paid on the effective date of such
termination.

     2.07 Repayment of Loans. (a) Term Loans. The applicable Borrowers shall
make a scheduled repayment of the aggregate outstanding principal amount, if any, of all Term
Loans on each Quarterly Payment Date occurring during each period set forth below in an amount
equal to the percentage set forth below opposite such period (or opposite such date) of the
aggregate principal amount of Term Loans made on the Closing Date:

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	Date	 	Percentage	 
	September 1, 2006 through (and including) June 30, 2007
	 	 	5.0	%
	September 1, 2007 through (and including) December 31, 2008
	 	 	10.0	%
	March 31, 2009
	 	 	10.0	%
	June 30, 2009
	 	 	0.0	%

provided that the final principal repayment installment of the Term Loans shall be repaid
on the Maturity Date for the Term Loan Facility and in any event shall be in an amount equal to the
aggregate principal amount of all Term Loans outstanding on such date.

     (b) Revolving Credit Loans. Each Borrower shall repay to the Revolving Credit
Lenders on the Maturity Date for the Revolving Credit Facility the aggregate principal
amount of all Revolving Credit Loans made to such Borrower outstanding on such date.

     (c) Swing Line Loans. The Company shall repay each Swing Line Loan on the
Maturity Date for the Revolving Credit Facility.

     2.08 Interest. (a) Subject to the provisions of Section 2.08(b), (i)
each Eurodollar Rate Loan under a Facility shall bear interest on the outstanding principal amount
thereof for each Interest Period at a rate per annum equal to the Eurodollar Rate for such Interest
Period plus the Applicable Rate for such Facility; (ii) each Base Rate Loan under a
Facility shall bear interest on the outstanding principal amount thereof from the applicable
borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for such
Facility; and (iii) each Swing Line Loan shall bear interest on the outstanding principal amount
thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus
the Applicable Rate for the Revolving Credit Facility.

     (b) (i) If any amount of principal of any Loan is not paid when due (without regard to
any applicable grace periods), whether at stated maturity, by acceleration or otherwise,
such amount shall thereafter bear interest at a fluctuating interest rate per annum at all
times equal to the Default Rate to the fullest extent permitted by applicable Laws.

     (ii) If any amount (other than principal of any Loan) payable by any Borrower
under any Loan Document is not paid when due (without regard to any applicable grace
periods), whether at stated maturity, by acceleration or otherwise, then upon the
request of the Required Lenders, such amount shall
thereafter bear interest at a fluctuating interest rate per annum at all times
equal to the Default Rate to the fullest extent permitted by applicable Laws.

     (iii) Upon the request of the Required Lenders, while any Event of Default
exists, the Borrowers shall pay interest on the principal amount of all

56

 

outstanding
Obligations hereunder at a fluctuating interest rate per annum at all times equal to
the Default Rate to the fullest extent permitted by applicable Laws.

     (iv) Accrued and unpaid interest on past due amounts (including interest on
past due interest) shall be due and payable upon demand.

     (c) Interest on each Loan shall be due and payable in arrears on each Interest Payment
Date applicable thereto and at such other times as may be specified herein. Interest
hereunder shall be due and payable in accordance with the terms hereof before and after
judgment, and before and after the commencement of any proceeding under any Debtor Relief
Law.

     2.09 Fees. In addition to certain fees described in Sections 2.03(i) and
(j):

     (a) Commitment Fee. Each Borrower shall pay to the Administrative Agent for
the account of each Revolving Credit Lender in accordance with its Applicable Revolving
Credit Percentage, a commitment fee in Dollars equal to the Applicable Rate times
the actual daily amount by which the Revolving Credit Facility exceeds the sum of (i) the
Outstanding Amount of Revolving Credit Loans and (ii) the Outstanding Amount of L/C
Obligations. The commitment fee shall accrue at all times during the Availability Period,
including at any time during which one or more of the conditions in Article IV is
not met, and shall be due and payable quarterly in arrears on each Quarterly Payment Date,
commencing with the first such date to occur after the Closing Date, and on the last day of
the Availability Period. The commitment fee shall be calculated quarterly in arrears, and
if there is any change in the Applicable Rate during any quarter, the actual daily amount
shall be computed and multiplied by the Applicable Rate separately for each period during
such quarter that such Applicable Rate was in effect.

     (b) Other Fees. (i) The Company shall pay to the Arranger and the
Administrative Agent for their own respective accounts, in Dollars, fees in the amounts and
at the times specified in the Fee Letter. Such fees shall be fully earned when paid and
shall not be refundable for any reason whatsoever.

     (ii) Each Borrower shall pay to the Lenders, in Dollars, such fees as shall
have been separately agreed upon in writing in the amounts and at the times so
specified. Such fees shall be fully earned when paid and shall not be refundable
for any reason whatsoever.

     2.10 Computation of Interest and Fees. All computations of interest for Base Rate
Loans when the Base Rate is determined by Bank of America’s “prime rate” shall be made on the basis
of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations
of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which
results in more fees or interest, as applicable, being paid than if computed on the
basis of a 365-day year), or in the case of interest in respect of Loans denominated in Yen as
to which market practice differs from the foregoing, in accordance with such market practice.
Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a
Loan, or any portion thereof, for the day on which the Loan or such portion is paid;
provided

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that any Loan that is repaid on the same day on which it is made shall, subject to
Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent
of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent
manifest error.

     2.11 Evidence of Debt. (a) The Credit Extensions made by each Lender shall be
evidenced by one or more accounts or records maintained by such Lender and by the Administrative
Agent in the ordinary course of business. The accounts or records maintained by the Administrative
Agent and each Lender shall be conclusive absent manifest error of the amount of the Credit
Extensions made by the Lenders to the Borrowers and the interest and payments thereon. Any failure
to so record or any error in doing so shall not, however, limit or otherwise affect the obligation
of the Borrowers hereunder to pay any amount owing with respect to the Obligations. In the event
of any conflict between the accounts and records maintained by any Lender and the accounts and
records of the Administrative Agent in respect of such matters, the accounts and records of the
Administrative Agent shall control in the absence of manifest error. Upon the request of any
Lender to a Borrower made through the Administrative Agent, such Borrower shall execute and deliver
to such Lender (through the Administrative Agent) a Note, which shall evidence such Lender’s Loans
to such Borrower in addition to such accounts or records. Each Lender may attach schedules to a
Note and endorse thereon the date, Type (if applicable), amount, currency and maturity of its Loans
and payments with respect thereto.

     (b) In addition to the accounts and records referred to in Section 2.11(a),
each Lender and the Administrative Agent shall maintain in accordance with its usual
practice accounts or records evidencing the purchases and sales by such Lender of
participations in Letters of Credit and Swing Line Loans. In the event of any conflict
between the accounts and records maintained by the Administrative Agent and the accounts and
records of any Lender in respect of such matters, the accounts and records of the
Administrative Agent shall control in the absence of manifest error.

     2.12 Payments Generally; Administrative Agent’s Clawback. (a) General. All
payments to be made by the Borrowers shall be made without condition or deduction for any
counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein and
except with respect to principal of and interest on Loan denominated in Yen, all payments by the
Borrowers hereunder shall be made to the Administrative Agent, for the account of the respective
Lenders to which such payment is owed, at the applicable Administrative Agent’s Office in Dollars
and in Same Day Funds not later than 2:00 p.m. on the date specified herein. Except as otherwise
expressly provided herein, all payments by the Borrowers hereunder with respect to principal and
interest on Loans denominated in Yen shall be made to the Administrative Agent, for the account of
the respective Lenders to which such payment is owed, at the applicable Administrative Agent’s
Office in Yen and in Same Day Funds not later than the Applicable Time specified by the
Administrative Agent on the dates specified herein. Without limiting the generality of the
foregoing, the Administrative Agent may require that any payments due under this Agreement be made
in the United States. If, for any reason, any Borrower is prohibited by any Law from making any
required payment hereunder in Yen, such Borrower
shall make such payment in Dollars in the Dollar Equivalent of the Yen payment amount. The
Administrative Agent will promptly distribute to each Lender its Applicable Percentage in respect
of the relevant Facility (or other applicable share as provided herein) of such payment in like
funds as received by wire transfer to such Lender’s Lending Office. All payments received

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by the
Administrative Agent (i) after 2:00 p.m., in the case of payments in Dollars, or (ii) after the
Applicable Time specified by the Administrative Agent in the case of payments in Yen, shall in each
case be deemed received on the next succeeding Business Day and any applicable interest or fee
shall continue to accrue. If any payment to be made by any Borrower shall come due on a day other
than a Business Day, payment shall be made on the next following Business Day, and such extension
of time shall be reflected in computing interest or fees, as the case may be.

     (b) (i) Funding by Lenders; Presumption by Administrative Agent. Unless the
Administrative Agent shall have received notice from a Lender prior to the proposed date of
any Borrowing of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans,
prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available
to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent
may assume that such Lender has made such share available on such date in accordance with
Section 2.02 (or, in the case of a Borrowing of Base Rate Loans, that such Lender
has made such share available in accordance with and at the time required by Section
2.02) and may, in reliance upon such assumption, make available to the applicable
Borrower a corresponding amount. In such event, if a Lender has not in fact made its share
of the applicable Borrowing available to the Administrative Agent, then the applicable
Lender and the applicable Borrower severally agree to pay to the Administrative Agent
forthwith on demand such corresponding amount in Same Day Funds with interest thereon, for
each day from and including the date such amount is made available to such Borrower to but
excluding the date of payment to the Administrative Agent, at (A) in the case of a payment
to be made by such Lender, the Overnight Rate, plus any administrative, processing or
similar fees customarily charged by the Administrative Agent in connection with the
foregoing, and (B) in the case of a payment to be made by such Borrower, the interest rate
applicable to Base Rate Loans. If such Borrower and such Lender shall pay such interest to
the Administrative Agent for the same or an overlapping period, the Administrative Agent
shall promptly remit to such Borrower the amount of such interest paid by such Borrower for
such period. If such Lender pays its share of the applicable Borrowing to the
Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included
in such Borrowing. Any payment by such Borrower shall be without prejudice to any claim
such Borrower may have against a Lender that shall have failed to make such payment to the
Administrative Agent.

     (ii) Payments by Borrowers; Presumptions by Administrative Agent.
Unless the Administrative Agent shall have received notice from a Borrower prior to
the date on which any payment is due to the Administrative Agent for the account of
the Lenders or the L/C Issuer hereunder that such Borrower will not make such
payment, the Administrative Agent may assume that such Borrower has made such
payment on such date in accordance herewith and may, in reliance upon such
assumption, distribute to the Lenders or the L/C Issuer, as the case may
be, the amount due. In such event, if such Borrower has not in fact made such
payment, then each of the Lenders or the L/C Issuer, as the case may be, severally
agrees to repay to the Administrative Agent forthwith on demand the amount so
distributed to such Lender or the L/C Issuer, in Same Day Funds with interest

59

 

thereon, for each day from and including the date such amount is distributed to it
to but excluding the date of payment to the Administrative Agent, at the Overnight
Rate.

     A notice of the Administrative Agent to any Lender or the Company with respect to any amount
owing under this clause (b) shall be conclusive, absent manifest error.

     (c) Failure to Satisfy Conditions Precedent. If any Lender makes available to
the Administrative Agent funds for any Loan to be made by such Lender to any Borrower as
provided in the foregoing provisions of this Article II, and such funds are not made
available to such Borrower by the Administrative Agent because the conditions to the
applicable Credit Extension set forth in Article IV are not satisfied or waived in
accordance with the terms hereof, the Administrative Agent shall return such funds (in like
funds as received from such Lender) to such Lender, without interest.

     (d) Obligations of Lenders Several. The obligations of the Lenders hereunder
to make Term Loans and Revolving Credit Loans, to fund participations in Letters of Credit
and Swing Line Loans and to make payments pursuant to Section 10.04(c) are several
and not joint. The failure of any Lender to make any Loan, to fund any such participation
or to make any payment under Section 10.04(c) on any date required hereunder shall
not relieve any other Lender of its corresponding obligation to do so on such date, and no
Lender shall be responsible for the failure of any other Lender to so make its Loan, to
purchase its participation or to make its payment under Section 10.04(c).

     (e) Funding Source. Nothing herein shall be deemed to obligate any Lender to
obtain the funds for any Loan in any particular place or manner or to constitute a
representation by any Lender that it has obtained or will obtain the funds for any Loan in
any particular place or manner.

     (f) Insufficient Funds. If at any time insufficient funds are received by and
available to the Administrative Agent to pay fully all amounts of principal, L/C Borrowings,
interest and fees then due hereunder, such funds shall be applied (i) first, toward
payment of interest and fees then due hereunder, ratably among the parties entitled thereto
in accordance with the amounts of interest and fees then due to such parties, and (ii)
second, toward payment of principal and L/C Borrowings then due hereunder, ratably
among the parties entitled thereto in accordance with the amounts of principal and L/C
Borrowings then due to such parties.

     2.13 Sharing of Payments by Lenders. If any Lender shall, by exercising any right of
setoff or counterclaim or otherwise, obtain payment in respect of (a) Obligations in respect of any
of the Facilities due and payable to such Lender hereunder and under the other Loan Documents at
such time in excess of its ratable share (according to the proportion of (i) the
amount of such Obligations due and payable to such Lender at such time to (ii) the aggregate
amount of the Obligations in respect of the Facilities due and payable to all Lenders hereunder and
under the other Loan Documents at such time) of payments on account of the Obligations in respect
of the Facilities due and payable to all Lenders hereunder and under the other Loan

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Documents at such time obtained by all the Lenders at such time or (b) Obligations in respect
of any of the Facilities owing (but not due and payable) to such Lender hereunder and under the
other Loan Documents at such time in excess of its ratable share (according to the proportion of
(i) the amount of such Obligations owing (but not due and payable) to such Lender at such time to
(ii) the aggregate amount of the Obligations in respect of the Facilities owing (but not due and
payable) to all Lenders hereunder and under the other Loan Documents at such time) of payment on
account of the Obligations in respect of the Facilities owing (but not due and payable) to all
Lenders hereunder and under the other Loan Documents at such time obtained by all of the Lenders at
such time, then the Lender receiving such greater proportion shall (a) notify the Administrative
Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and
subparticipations in L/C Obligations and Swing Line Loans of the other Lenders, or make such other
adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the
Lenders ratably in accordance with the aggregate amount of Obligations in respect of the Facilities
then due and payable to the Lenders or owing (but not due and payable) to the Lenders, as the case
may be, provided that:

     (i) if any such participations or subparticipations are purchased and all or
any portion of the payment giving rise thereto is recovered, such participations or
subparticipations shall be rescinded and the purchase price restored to the extent
of such recovery, without interest; and

     (ii) the provisions of this Section shall not be construed to apply to (A) any
payment made by a Borrower pursuant to and in accordance with the express terms of
this Agreement or (B) any payment obtained by a Lender as consideration for the
assignment of or sale of a participation in any of its Loans or subparticipations in
L/C Obligations or Swing Line Loans to any assignee or participant, other than to
the Company or any Subsidiary thereof (as to which the provisions of this Section
shall apply).

     Each Borrower consents to the foregoing and agrees, to the extent it may effectively do so
under applicable law, that any Lender acquiring a participation pursuant to the foregoing
arrangements may exercise against such Borrower rights of setoff and counterclaim with respect to
such participation as fully as if such Lender were a direct creditor of such Borrower in the amount
of such participation.

     2.14 Designated Borrowers; Relationship among Borrowers. (a) The Company may at any
time, upon not less than 15 Business Days’ notice from the Company to the Administrative Agent (or
such shorter period as may be agreed by the Administrative Agent in its sole discretion), designate
any additional Subsidiary Guarantor (an “Applicant Borrower”) as a Designated Borrower to
receive Revolving Credit Loans hereunder by delivering to the Administrative Agent (which shall
promptly deliver counterparts thereof to each Lender) a duly executed notice and agreement in
substantially the form of Exhibit H (a “Designated Borrower Request and Assumption
Agreement”). The parties hereto acknowledge and agree that prior to any Applicant Borrower
becoming entitled to utilize the credit facilities provided for herein the Administrative Agent and
the Revolving Credit Lenders shall have received such supporting resolutions, incumbency
certificates, opinions of counsel and other documents or information, in form, content and scope
reasonably satisfactory to the Administrative Agent, as may be required

61

 

by the Administrative Agent or the Required Revolving Lenders in their sole discretion, and
Notes signed by such new Borrowers to the extent any Revolving Credit Lenders so require. If the
Administrative Agent and the Required Revolving Lenders agree that an Applicant Borrower shall be
entitled to receive Revolving Credit Loans hereunder, then promptly following receipt of all such
requested resolutions, incumbency certificates, opinions of counsel and other documents or
information, the Administrative Agent shall send a notice in substantially the form of Exhibit
I (a “Designated Borrower Notice”) to the Company and the Revolving Credit Lenders
specifying the effective date upon which the Applicant Borrower shall constitute a Designated
Borrower for purposes hereof, whereupon each of the Revolving Credit Lenders agrees to permit such
Designated Borrower to receive Loans hereunder, on the terms and conditions set forth herein, and
each of the parties agrees that such Designated Borrower otherwise shall be a Borrower for all
purposes of this Agreement; provided that no Committed Loan Notice or Letter of Credit
Application may be submitted by or on behalf of such Designated Borrower until the date five
Business Days after such effective date; and provided further that, effective as of
the date hereof, the Required Revolving Lenders agree that ASI may become a “Designated Borrower”
pursuant hereto (subject to satisfaction of Section 6.13 and the conditions set forth in
this Section 2.14) without any requirement of further written consent from the Required
Revolving Lenders.

     (b) The Obligations of the Company shall not be joint or several with AJI, ASI or any
Designated Borrower that is a Foreign Subsidiary, but shall be joint and several with any
Designated Borrower that is a US Subsidiary. The Obligations of AJI, ASI and all Designated
Borrowers that are Foreign Subsidiaries shall be joint and several in nature among AJI, ASI,
all Designated Borrowers and the Company.

     (c) Each Subsidiary of the Company that is or becomes a “Designated Borrower” pursuant
to this Section 2.14 hereby irrevocably appoints the Company as its agent for all
purposes relevant to this Agreement and each of the other Loan Documents, including (i) the
giving and receipt of notices, (ii) the execution and delivery of all documents, instruments
and certificates contemplated herein and all modifications hereto, and (iii) the receipt of
the proceeds of any Loans made by the Lenders, to any such Designated Borrower hereunder.
Any acknowledgment, consent, direction, certification or other action which might otherwise
be valid or effective only if given or taken by all Borrowers, or by each Borrower acting
singly, shall be valid and effective if given or taken only by the Company, whether or not
any such other Borrower joins therein. Any notice, demand, consent, acknowledgement,
direction, certification or other communication delivered to the Company in accordance with
the terms of this Agreement shall be deemed to have been delivered to each Designated
Borrower.

     (d) The Company may from time to time, upon not less than 15 Business Days’ notice from
the Company to the Administrative Agent (or such shorter period as may be agreed by the
Administrative Agent in its sole discretion), terminate a Designated Borrower’s status as
such, provided that there are no outstanding Loans payable by such Designated Borrower, or
other amounts payable by such Designated Borrower on account of any Loans made to it, as of
the effective date of such termination. The Administrative Agent will promptly notify the
Lenders of any such termination of a Designated Borrower’s status.

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     2.15 Increase in Revolving Credit Commitments. (a) Request for Increase.
Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly
notify the Revolving Credit Lenders), the Company may from time to time, request an increase in the
Revolving Credit Facility by an amount (for all such requests) not exceeding $50,000,000;
provided that any such request for an increase shall be in a minimum amount of $20,000,000.
At the time of sending such notice, the Company (in consultation with the Administrative Agent)
shall specify the time period within which each Revolving Credit Lender is requested to respond
(which shall in no event be less than ten Business Days from the date of delivery of such notice to
the Revolving Credit Lenders).

     (b) Lender Elections to Increase. Each Revolving Credit Lender shall notify
the Administrative Agent within such time period whether or not it agrees to increase its
Revolving Credit Commitment and, if so, whether by an amount equal to, greater than, or less
than its Applicable Revolving Credit Percentage of such requested increase. Any Revolving
Credit Lender not responding within such time period shall be deemed to have declined to
increase its Revolving Credit Commitment.

     (c) Notification by Administrative Agent; Additional Lenders. The
Administrative Agent shall notify the Company and each Revolving Credit Lender of the
Revolving Credit Lenders’ responses to each request made hereunder. To achieve the full
amount of a requested increase, and subject to the approval of the Administrative Agent, the
L/C Issuer and the Swing Line Lender (which approvals shall not be unreasonably withheld),
the Company may also invite additional Eligible Assignees to become Revolving Credit Lenders
pursuant to a joinder agreement in form and substance satisfactory to the Administrative
Agent and its counsel.

     (d) Effective Date and Allocations. If the Revolving Credit Facility is
increased in accordance with this Section, the Administrative Agent and the Company shall
determine the effective date (the “Revolving Credit Increase Effective Date”) and
the final allocation of such increase. The Administrative Agent shall promptly notify the
Company and the Revolving Credit Lenders of the final allocation of such increase and the
Revolving Credit Increase Effective Date.

     (e) Conditions to Effectiveness of Increase. As a condition precedent to such
increase, the Company shall deliver to the Administrative Agent a certificate of each Loan
Party dated as of the Revolving Credit Increase Effective Date (in sufficient copies for
each Lender) signed by a Responsible Officer of such Loan Party (i) certifying and attaching
the resolutions adopted by such Loan Party approving or consenting to such increase, and
(ii) in the case of the Company, certifying that, before and after giving effect to such
increase, (A) the representations and warranties contained in Article V and the
other Loan Documents are true and correct on and as of the Revolving Credit Increase
Effective Date, except to the extent that such representations and warranties specifically
refer to an earlier date, in which case they are true and correct as of such earlier date,
and except that for purposes of this Section 2.15, the representations and
warranties contained in clauses (a) and (b) of Section 5.05 shall be
deemed to refer to the most recent statements furnished pursuant to clauses (a) and
(b), respectively, of Section 6.01, and (B) no Default exists. The
Borrowers shall prepay any Revolving Credit Loans

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outstanding on the Revolving Credit Increase Effective Date (and pay any additional
amounts required pursuant to Section 3.05) to the extent necessary to keep the
outstanding Revolving Credit Loans ratable with any revised Applicable Revolving Credit
Percentages arising from any nonratable increase in the Revolving Credit Commitments under
this Section.

     (f) Conflicting Provisions. This Section shall supersede any provisions in
Section 2.13 or 10.01 to the contrary.

ARTICLE III

TAXES, YIELD PROTECTION AND ILLEGALITY

     3.01 Taxes. (a) Payments Free of Taxes. Any and all payments by or on
account of any obligation of the respective Borrowers hereunder or under any other Loan Document
shall be made free and clear of and without reduction or withholding for any Indemnified Taxes or
Other Taxes, provided that if the applicable Borrower shall be required by applicable law
to deduct any Indemnified Taxes (including any Other Taxes) from such payments, then (i) the sum
payable shall be increased as necessary so that after making all required deductions (including
deductions applicable to additional sums payable under this Section) the Administrative Agent, any
Lender or the L/C Issuer, as the case may be, receives an amount equal to the sum it would have
received had no such deductions been made, (ii) such Borrower shall make such deductions and (iii)
such Borrower such shall timely pay the full amount deducted to the relevant Governmental Authority
in accordance with applicable law.

     (b) Payment of Other Taxes by the Borrowers. Without limiting the provisions
of clause (a) above, each Borrower shall timely pay any Other Taxes to the relevant
Governmental Authority in accordance with applicable law.

     (c) Indemnification by the Borrowers. Each Borrower shall indemnify the
Administrative Agent, each Lender and the L/C Issuer, within 10 days after demand therefor,
for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or
Other Taxes imposed or asserted on or attributable to amounts payable under this Section)
paid by the Administrative Agent, such Lender or the L/C Issuer, as the case may be, and any
penalties, interest and reasonable expenses arising therefrom or with respect thereto,
whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or
asserted by the relevant Governmental Authority. A certificate as to the amount of such
payment or liability delivered to a Borrower by a Lender or the L/C Issuer (with a copy to
the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of
a Lender or the L/C Issuer, shall be conclusive absent manifest error.

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

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     (e) Status of Lenders. Any Foreign Lender that is entitled to an exemption
from or reduction of withholding tax under the law of the jurisdiction in which a Borrower
is resident for tax purposes, or any treaty to which such jurisdiction is a party, with
respect to payments hereunder or under any other Loan Document shall deliver to the Company
(with a copy to the Administrative Agent), at the time or times prescribed by applicable law
or reasonably requested by the Company or the Administrative Agent, such properly completed
and executed documentation prescribed by applicable law as will permit such payments to be
made without withholding or at a reduced rate of withholding. In addition, any Lender, if
requested by the Company or the Administrative Agent, shall deliver such other documentation
prescribed by applicable law or reasonably requested by the Company or the Administrative
Agent as will enable the Company or the Administrative Agent to determine whether or not
such Lender is subject to backup withholding or information reporting requirements.

     Without limiting the generality of the foregoing, in the event that a Borrower is
resident for tax purposes in the United States, any Foreign Lender shall deliver to the
Company and the Administrative Agent (in such number of copies as shall be requested by the
recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this
Agreement (and from time to time thereafter upon the request of the Company or the
Administrative Agent, but only if such Foreign Lender is legally entitled to do so),
whichever of the following is applicable:

     (i) duly completed copies of Internal Revenue Service Form W-8BEN claiming
eligibility for benefits of an income tax treaty to which the United States is a
party,

     (ii) duly completed copies of Internal Revenue Service Form W-8ECI,

     (iii) in the case of a Foreign Lender claiming the benefits of the exemption
for portfolio interest under section 881(c) of the Code, (A) a certificate to the
effect that such Foreign Lender is not (1) a “bank” within the meaning of section
881(c)(3)(A) of the Code, (2) a “10 percent shareholder” of the applicable Borrower
within the meaning of section 881(c)(3)(B) of the Code, or (3) a “controlled foreign
corporation” described in section 881(c)(3)(C) of the Code and (B) duly completed
copies of Internal Revenue Service Form W-8BEN, or

     (iv) any other form prescribed by applicable law as a basis for claiming
exemption from or a reduction in United States Federal withholding tax duly
completed together with such supplementary documentation as may be prescribed by
applicable law to permit the Company to determine the withholding or deduction
required to be made.

     Without limiting the obligations of the Lenders set forth above regarding delivery of
certain forms and documents to establish each Lender’s status for US withholding tax
purposes, each Lender agrees promptly to deliver to the Administrative Agent or the Company,
as the Administrative Agent or the Company shall reasonably request, on or prior to the
Closing Date, and in a timely fashion thereafter, such other documents and

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forms required by any relevant taxing authorities under the Laws of any other
jurisdiction, duly executed and completed by such Lender, as are required under such Laws to
confirm such Lender’s entitlement to any available exemption from, or reduction of,
applicable withholding taxes in respect of all payments to be made to such Lender outside of
the US by the Borrowers pursuant to this Agreement or otherwise to establish such Lender’s
status for withholding tax purposes in such other jurisdiction. Each Lender shall promptly
(i) notify the Administrative Agent of any change in circumstances which would modify or
render invalid any such claimed exemption or reduction, and (ii) take such steps as shall
not be materially disadvantageous to it, in the reasonable judgment of such Lender, and as
may be reasonably necessary (including the re-designation of its Lending Office) to avoid
any requirement of applicable Laws of any such jurisdiction that any Borrower make any
deduction or withholding for taxes from amounts payable to such Lender. Additionally, each
of the Borrowers shall promptly deliver to the Administrative Agent or any Lender, as the
Administrative Agent or such Lender shall reasonably request, on or prior to the Closing
Date, and in a timely fashion thereafter, such documents and forms required by any relevant
taxing authorities under the Laws of any jurisdiction, duly executed and completed by such
Borrower, as are required to be furnished by such Lender or the Administrative Agent under
such Laws in connection with any payment by the Administrative Agent or any Lender of Taxes
or Other Taxes, or otherwise in connection with the Loan Documents, with respect to such
jurisdiction.

     (f) Treatment of Certain Refunds. If the Administrative Agent, any Lender or
the L/C Issuer determines, in its sole discretion, that it has received a refund of any
Taxes or Other Taxes as to which it has been indemnified by any Borrower or with respect to
which any Borrower has paid additional amounts pursuant to this Section, it shall pay to
such Borrower an amount equal to such refund (but only to the extent of indemnity payments
made, or additional amounts paid, by such Borrower under this Section with respect to the
Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of the
Administrative Agent, such Lender or the L/C Issuer, as the case may be, and without
interest (other than any interest paid by the relevant Governmental Authority with respect
to such refund), provided that each Borrower, upon the request of the Administrative
Agent, such Lender or the L/C Issuer, agrees to repay the amount paid over to such Borrower
(plus any penalties, interest or other charges imposed by the relevant Governmental
Authority) to the Administrative Agent, such Lender or the L/C Issuer in the event the
Administrative Agent, such Lender or the L/C Issuer is required to repay such refund to such
Governmental Authority. This clause shall not be construed to require the Administrative
Agent, any Lender or the L/C Issuer to make available its tax returns (or any other
information relating to its taxes that it deems confidential) to any Borrower or any other
Person.

     3.02 Illegality. Subject to Section 3.06 below to the extent applicable, if
any Lender reasonably determines that any Law has made it unlawful, or that any Governmental
Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to
make, maintain or fund Eurodollar Rate Loans (whether denominated in Dollars or Yen), or to
determine or charge interest rates based upon the Eurodollar Rate, or any Governmental Authority
has imposed material restrictions on the authority of such Lender to purchase or sell, or to take
deposits of, Dollars or Yen in the applicable interbank market, then, on notice thereof by such

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Lender to the Company through the Administrative Agent, any obligation of such Lender
to make or continue Eurodollar Rate Loans in the affected currency or currencies or, in the case of
Eurodollar Rate Loans in Dollars, to convert Base Rate Loans to Eurodollar Rate Loans shall be
suspended until such Lender notifies the Administrative Agent and the Company that the
circumstances giving rise to such determination no longer exist. Upon receipt of such notice, the
Borrowers shall, upon demand from such Lender (with a copy to the Administrative Agent), prepay or,
if applicable and such Loans are denominated in Dollars, convert all Eurodollar Rate Loans of such
Lender to Base Rate Loans, either on the last day of the Interest Period therefor, if such Lender
may lawfully continue to maintain such Eurodollar Rate Loans to such day, or immediately, if such
Lender may not lawfully continue to maintain such Eurodollar Rate Loans. Upon any such prepayment
or conversion, the Borrowers shall also pay accrued interest on the amount so prepaid or converted.

     3.03 Inability to Determine Rates. If the Required Lenders determine that for any
reason in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation
thereof that (a) deposits (whether in Dollars or Yen) are not being offered to banks in the
applicable offshore interbank market for such currency for the applicable amount and Interest
Period of such Eurodollar Rate Loan, (b) adequate and reasonable means do not exist for determining
the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate
Loan (whether denominated in Dollars or Yen), or (c) the Eurodollar Rate for any requested Interest
Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect the
cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the
Company and each Lender. Thereafter, the obligation of the Lenders to make or maintain Eurodollar
Rate Loans in the affected currency or currencies shall be suspended until the Administrative Agent
(upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice,
the Company may revoke any pending request for a Borrowing of, conversion to or continuation of
Eurodollar Rate Loans in the affected currency or currencies or, failing that, will be deemed to
have converted such request into a request for a Borrowing of Base Rate Loans in the amount
specified therein.

     3.04 Increased Costs; Reserves on Eurodollar Rate Loans (a) Increased Costs
Generally. If any Change in Law shall:

     (i) impose, modify or deem applicable any reserve, special deposit, compulsory
loan, insurance charge or similar requirement against assets of, deposits with or
for the account of, or credit extended or participated in by, any Lender (except any
reserve requirement contemplated by Section 3.04(e)) or the L/C Issuer;

     (ii) subject any Lender or the L/C Issuer to any tax of any kind whatsoever
with respect to this Agreement, any Letter of Credit, any participation in a Letter
of Credit or any Eurodollar Rate Loan made by it, or change the basis of taxation of
payments to such Lender or the L/C Issuer in respect thereof (except for Indemnified
Taxes or Other Taxes covered by Section 3.01 and the imposition of, or any
change in the rate of, any Excluded Tax payable by such Lender or the L/C Issuer);
or

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     (iii) impose on any Lender or the L/C Issuer or the London interbank market any
other condition, cost or expense affecting this Agreement or Eurodollar Rate Loans
made by such Lender or any Letter of Credit or participation therein;

and the result of any of the foregoing shall be to increase the cost to such Lender of making or
maintaining any Eurodollar Rate Loan (or of maintaining its obligation to make any such Loan), or
to increase the cost to such Lender or the L/C Issuer of participating in, issuing or maintaining
any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of
Credit), or to reduce the amount of any sum received or receivable by such Lender or the L/C Issuer
hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or
the L/C Issuer, the applicable Borrower will pay to such Lender or the L/C Issuer, as the case may
be, such additional amount or amounts as will compensate such Lender or the L/C Issuer, as the case
may be, for such additional costs incurred or reduction suffered.

     (b) Capital Requirements. If any Lender or the L/C Issuer determines that any
Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender
or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital requirements
has or would have the effect of reducing the rate of return on such Lender’s or the L/C
Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if
any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made
by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit
issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such
Lender’s or the L/C Issuer’s holding company could have achieved but for such Change in Law
(taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of
such Lender’s or the L/C Issuer’s holding company with respect to capital adequacy), then
from time to time the Company will pay (or cause the applicable Designated Borrower to pay)
to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as
will compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding
company for any such reduction suffered.

     (c) Certificates for Reimbursement. A certificate of a Lender or the L/C
Issuer setting forth the amount or amounts necessary to compensate such Lender or the L/C
Issuer or its holding company, as the case may be, as specified in clause (a) or
(b) of this Section and delivered to the Company shall be conclusive absent manifest
error. The applicable Borrower shall pay (or cause the applicable Designated Borrower to
pay) such Lender or the L/C Issuer, as the case may be, the amount shown as due on any such
certificate within 10 days after receipt thereof.

     (d) Delay in Requests. Failure or delay on the part of any Lender or the L/C
Issuer to demand compensation pursuant to the foregoing provisions of this Section shall not
constitute a waiver of such Lender’s or the L/C Issuer’s right to demand such compensation,
provided that no Borrower shall be required to compensate a Lender or the L/C Issuer
pursuant to the foregoing provisions of this Section for any increased costs incurred or
reductions suffered more than nine months prior to the date that such Lender or the L/C
Issuer, as the case may be, notifies the Company of the Change in Law giving rise to such
increased costs or reductions and of such Lender’s or the L/C Issuer’s

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intention to claim compensation therefor (except that, if the Change in Law giving rise
to such increased costs or reductions is retroactive, then the nine-month period referred to
above shall be extended to include the period of retroactive effect thereof).

     (e) Additional Reserve Requirements. The applicable Borrower shall pay (or
cause the applicable Designated Borrower to pay) to each Lender, (i) as long as such Lender
shall be required to maintain reserves with respect to liabilities or assets consisting of
or including Eurodollar funds or deposits (currently known as “Eurodollar liabilities”),
additional interest on the unpaid principal amount of each Eurodollar Rate Loan equal to the
actual costs of such reserves allocated to such Loan by such Lender (as determined by such
Lender in good faith, which determination shall be conclusive), and (ii) as long as such
Lender shall be required to comply with any reserve ratio requirement or analogous
requirement of any other central banking or financial regulatory authority imposed in
respect of the maintenance of the Commitments or the funding of the Eurodollar Rate Loans,
such additional costs (expressed as a percentage per annum and rounded upwards, if
necessary, to the nearest five decimal places) equal to the actual costs allocated to such
Commitment or Loan by such Lender (as determined by such Lender in good faith, which
determination shall be conclusive), which in each case shall be due and payable on each date
on which interest is payable on such Loan, provided the Company shall have received
at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional
interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the
relevant Interest Payment Date, such additional interest or costs shall be due and payable
10 days from receipt of such notice.

     3.05 Compensation for Losses. Upon demand of any Lender (with a copy to the
Administrative Agent) from time to time, the Company shall promptly compensate (or cause the
applicable Designated Borrower to compensate) such Lender for and hold such Lender harmless from
any actual loss, cost or expense incurred by it as a result of:

     (a) any continuation, conversion, payment or prepayment of any Loan other than a Base
Rate Loan on a day other than the last day of the Interest Period for such Loan (whether
voluntary, mandatory, automatic, by reason of acceleration, or otherwise);

     (b) any failure by any Borrower (for a reason other than the failure of such Lender to
make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on
the date or in the amount notified by the Company or the applicable Designated Borrower;

     (c) any failure by any Borrower to make payment of any Loan or drawing under any Letter
of Credit (or interest due thereon) denominated in Yen on its scheduled due date or any
payment thereof in a different currency; or

     (d) any assignment of a Eurodollar Rate Loan on a day other than the last day of the
Interest Period therefor as a result of a request by the Company pursuant to Section
10.13;

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including any loss of anticipated profits, any foreign exchange losses and any loss or expense
arising from the liquidation or reemployment of funds obtained by it to maintain such Loan from
fees payable to terminate the deposits from which such funds were obtained or from the performance
of any foreign exchange contract. The Company shall also pay (or cause the applicable Designated
Borrower to pay) any customary administrative fees charged by such Lender in connection with the
foregoing.

For purposes of calculating amounts payable by the Company (or the applicable Designated Borrower)
to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each
Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other
borrowing in the offshore interbank market for such currency for a comparable amount and for a
comparable period, whether or not such Eurodollar Rate Loan was in fact so funded.

     3.06 Mitigation Obligations; Replacement of Lenders. (a) Designation of a
Different Lending Office. If any Lender requests compensation under Section 3.04, or
any Borrower is required to pay any additional amount to any Lender or any Governmental Authority
for the account of any Lender pursuant to Section 3.01, or if any Lender gives (or would be
required to give) a notice pursuant to Section 3.02, then such Lender shall use reasonable
efforts to designate a different Lending Office for funding or booking its Loans hereunder or to
assign its rights and obligations hereunder to another of its offices, branches or affiliates, if,
in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce
amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the
future, or eliminate the need for the notice pursuant to Section 3.02, as applicable, and
(ii) in each case, would not subject such Lender to any unreimbursed cost or expense and would not
otherwise be disadvantageous to such Lender. The Company hereby agrees to pay (or to cause the
applicable Designated Borrower to pay) all reasonable costs and expenses incurred by any Lender in
connection with any such designation or assignment.

     (b) Replacement of Lenders. If any Lender requests compensation under
Section 3.04, or if any Borrower is required to pay any additional amount to any
Lender or any Governmental Authority for the account of any Lender pursuant to Section
3.01, the Company may replace such Lender in accordance with Section 10.13.

     3.07 Survival. All of the Borrowers’ obligations under this Article III shall
survive termination of the Aggregate Commitments and repayment of all other Obligations hereunder.

ARTICLE IV

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS

     4.01 Conditions of Initial Credit Extension. The obligation of the L/C Issuer and
each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the
following conditions precedent (other than those conditions expressly provided for in Section
6.26):

     (a) The Administrative Agent’s receipt of the following, each of which shall be
originals or telecopies (followed promptly by originals) unless otherwise specified, each
properly executed by a Responsible Officer of the signing Loan Party, each dated

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the Closing
Date (or, in the case of certificates of governmental officials, a recent date before the
Closing Date) and each in form and substance satisfactory to the Administrative Agent:

     (i) executed counterparts of this Agreement, sufficient in number for
distribution to the Administrative Agent, each Lender and the Company;

     (ii) Notes executed by the Borrowers in favor of each Lender requesting Notes;

     (iii) each of the Company Guaranty (duly executed by the Company), the Japanese
Guaranty (duly executed by AJI) , the UK Guaranty (duly executed by Asyst
Technologies Europe Ltd.) and the Taiwanese Guaranty (duly executed by Asyst Tech
Taiwan Ltd.);

     (iv) each of the US Security Agreement (duly executed by the Company and AJI),
the AJI Japanese Security Agreement (duly executed by AJI), the ATI Japanese
Security Agreement (duly executed by the Company), each UK Security Agreement (each
duly executed by Asyst Technologies Europe Ltd.) and each Taiwanese Security
Agreement (each duly executed by Asyst Tech Taiwan Ltd. and, as applicable, the
Company), together with:

     (A) certificates representing the Pledged Equity referred to therein
(other than with respect to Pledged Equity representing 2.1% of Equity
Interests in AJI owned by ATI to the extent that such certificates have been
lost (the “Lost AJI Stock Certificates”), so long as the Company
delivers an executed affidavit of lost shares with respect to such
certificates) accompanied by undated stock powers executed in blank and
instruments evidencing the Pledged Debt indorsed in blank,

     (B) copies of proper financing statements or other filing documents,
duly filed on or before the Closing Date under the Uniform Commercial Code
(or similar legal or filing regime) of all jurisdictions necessary or
desirable in order to perfect the Liens (that can be perfected by filing)
created under each Security Agreement, covering the Collateral described in
such Security Agreement,

     (C) completed requests for information, dated on or before the Closing
Date, listing all effective financing statements (or similar filings) filed
in the jurisdictions referred to in clause (B) above that name any
Loan Party as debtor, together with copies of such other financing
statements to the extent that requests for information are recognized in
such jurisdictions,

     (D) account control agreements (or similar agreements) duly executed by
the appropriate parties with respect to the Borrower Accounts, and

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     (E) evidence of the completion of all other actions, recordings and
filings of or with respect to each Security Agreement necessary or desirable
in order to perfect the Liens created thereby (including receipt of duly
executed payoff letters, UCC-3 (or similar termination filings) termination
statements and landlords’ and bailees’ waiver and consent agreements);

     (v) an access agreement, in form and substance satisfactory to the
Administrative Agent, executed by each of the lessors of the leased real properties
listed in the first row of item 1 on Schedule 5.08(d)(i);

     (vi) IP Security Agreements, each dated as of the Closing Date, duly executed
and delivered by each Loan Party that has delivered a Security Agreement and owns or
has applied for any patents, copyrights and/or trademarks, together with (A)
evidence that all action necessary or desirable in order to perfect the Liens
created under the Security Agreements and the IP Security Agreements has been taken
and (B) completed requests for information, dated on or before the Closing Date,
listing all effective prior Liens on the collateral referred to in the IP Security
Agreements, together with evidence of such prior Liens;

     (vii) such certificates of resolutions or other action, incumbency certificates
and/or other certificates of Responsible Officers of each Loan Party necessary or as
the Administrative Agent may require evidencing the identity, authority and capacity
of each Responsible Officer thereof authorized to act as a Responsible Officer in
connection with this Agreement and the other Loan Documents to which such Loan Party
is a party or is to be a party;

     (viii) such documents and certifications necessary or as the Administrative
Agent may reasonably require to evidence that each Loan Party is duly organized or
formed, and that each of the Company and each other Borrower and each Subsidiary
Guarantor is validly existing, in good standing and qualified to engage in business
in each jurisdiction where its ownership, lease or operation of properties or the
conduct of its business requires such qualification;

     (ix) an opinion of Baker & McKenzie LLP, US counsel to the Loan Parties,
addressed to the Administrative Agent and each Lender, in form and substance
satisfactory to the Administrative Agent and the Required Lenders;

     (x) an opinion of Baker & McKenzie LLP, Japanese counsel to the Loan Parties,
addressed to the Administrative Agent and each Lender, in form and substance
satisfactory to the Administrative Agent and the Required Lenders;

     (xi) an opinion of Baker & McKenzie LLP, U.K. counsel to the Loan Parties,
addressed to the Administrative Agent and each Lender, in form and substance
satisfactory to the Administrative Agent and the Required Lenders;

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     (xii) an opinion of Baker & McKenzie LLP, Taiwanese counsel to the Loan
Parties, addressed to the Administrative Agent and each Lender, in form and
substance satisfactory to the Administrative Agent and the Required Lenders;

     (xiii) a Closing Date Certificate, dated as of the Closing Date, in which
certificate a Responsible Officer of each Loan Party shall certify that (A) the
conditions specified in Article IV have been satisfied, (B) there has been
no event or circumstance since the date of the Audited Financial Statements that has
had or could be reasonably expected to have, either individually or in the
aggregate, a Material Adverse Effect and (C) the statements made therein shall be
deemed to be true and correct representations and warranties of such Loan Parties as
of such date, and, at the time such certificate is delivered, such statements shall
in fact be true and correct. All documents and agreements required to be appended
to the Closing Date Certificate in accordance therewith shall be in form and
substance satisfactory to the Administrative Agent, shall have been executed and
delivered by the requisite parties, and shall be in full force and effect;

     (xiv) a certificate attesting to the Solvency of each Loan Party before and
after giving effect to the Transaction, from its chief financial officer, in
substantially the form of Exhibit K;

     (xv) evidence that all insurance required to be maintained pursuant to the Loan
Documents has been obtained and is in effect, together with the certificates of
insurance, naming the Administrative Agent, on behalf of the Lenders, as an
additional insured or loss payee, as the case may be, under all insurance policies
maintained with respect to the assets and properties of the Loan Parties that
constitutes Collateral;

     (xvi) a copy of the Acquisition Agreement and Related Documents, duly executed
by the parties thereto, together with all exhibits and schedules thereto;

     (xvii) a duly completed Compliance Certificate as of the last day of the fiscal
quarter of the Company ended December 31, 2005, signed by chief executive officer,
chief financial officer, treasurer or controller of the Company, evidencing pro
forma compliance with Section 7.11 and a Consolidated EBITDA for the twelve
month period ended December 31, 2005 of at least $53,000,000;

     (xviii) evidence that all Existing Indebtedness (other than Continuing Debt),
together with all interest, all prepayment premiums and other amounts due and
payable with respect thereto, has been, or concurrently with the Closing Date is
being, paid in full and the commitments in respect of such Indebtedness have been
terminated and all Liens securing obligations under such Indebtedness have been, or
concurrently with the Closing Date are being, released;

     (xix) each Borrower shall establish with the Administrative Agent a deposit
account (as such term is defined in Article 9 of the UCC) into which such Borrower
shall deposit sufficient funds to comply with Section 2.05(d);

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     (xx) certified copies of (A) the Audited Financial Statements, (B) unaudited
consolidated and consolidating balance sheets of the Company and its Subsidiaries
dated December 31, 2005, and the related consolidated and consolidating statements
of income or operations, shareholders’ equity and cash flows for the fiscal quarter
ended on that date, (C) consolidated and consolidating pro forma balance sheet of
the Company and its Subsidiaries as at December 31, 2005, and the related
consolidated and consolidating pro forma statements of income and cash flows of the
Company and its Subsidiaries for the twelve months then ended, giving effect to the
Transaction, all in accordance with GAAP and (D) the consolidated and consolidating
forecasted balance sheet and statements of income and cash flows of the Company and
its Subsidiaries for the three year period from the Closing Date; and

     (xxi) such other assurances, certificates, documents, consents or opinions as
the Administrative Agent, the L/C Issuer, the Swing Line Lender or any Lender
reasonably may require.

     (b) (i) All fees required to be paid to the Administrative Agent and the Arranger on
or before the Closing Date and all fees, charges and disbursements of counsel to the
Administrative Agent (directly to such counsel if requested by the Administrative Agent) to
the extent invoiced prior to or on the Closing Date shall have been paid and (ii) all fees
required to be paid to the Lenders on or before the Closing Date shall have been paid.

     (c) The Acquisition shall be consummated prior to or concurrently with the Closing Date
in accordance with the terms of the Acquisition Agreement and Related Documents, without any
waiver or amendment not consented to by the Lenders of any term, provision or condition set
forth therein, and in compliance with all applicable requirements of Law.

     Without limiting the generality of the provisions of Section 9.04, for purposes of
determining compliance with the conditions specified in this Section 4.01, each Lender that
has signed this Agreement shall be deemed to have consented to, approved or accepted or to be
satisfied with, each document or other matter required thereunder to be consented to or approved by
or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received
notice from such Lender prior to the proposed Closing Date specifying its objection thereto.

     4.02 Conditions to all Credit Extensions. The obligation of each Lender to honor any
Request for Credit Extension (other than a Committed Loan Notice requesting only a conversion of
Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject to the following
conditions precedent:

     (a) The representations and warranties of (i) the Borrowers contained in Article V
and (ii) each Loan Party contained in each other Loan Document, or which are contained
in any document furnished at any time under or in connection herewith or therewith, shall be
true and correct on and as of the date of such Credit Extension, except to the extent that
such representations and warranties specifically refer to an earlier date,

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in which case
they shall be true and correct as of such earlier date, and except that for purposes of this
Section 4.02, the representations and warranties contained in Sections
5.05(a) and (b) shall be deemed to refer to the most recent statements furnished
pursuant to Section 6.01(a) and (b), respectively.

     (b) No Default shall exist, or would result from such proposed Credit Extension or from
the application of the proceeds thereof.

     (c) The Administrative Agent and, if applicable, the L/C Issuer or the Swing Line
Lender shall have received a Request for Credit Extension in accordance with the
requirements hereof.

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

     (e) If the applicable Borrower is a Designated Borrower, then the conditions of
Section 2.14 to the designation of such Borrower as a Designated Borrower shall have
been met to the satisfaction of the Administrative Agent.

     (f) In the case of a Credit Extension to be denominated in Yen, there shall not have
occurred any material adverse change in national or international financial, political or
economic conditions or currency exchange rates or exchange controls which in the reasonable
opinion of the Administrative Agent, the Required Term Lenders (in the case of any Term
Loans), the Required Revolving Lenders (in the case of any Revolving Credit Loans to be
denominated in Yen) or the L/C Issuer (in the case of any Letter of Credit to be denominated
in Yen) would make it impracticable for such Credit Extension to be denominated in Yen.

     Each Request for Credit Extension (other than a Committed Loan Notice requesting only a
conversion of Loans to the other Type or a continuation of Eurodollar Rate Loans) submitted by the
Company shall be deemed to be a representation and warranty that the conditions specified in
Sections 4.02(a) and (b) have been satisfied on and as of the date of the
applicable Credit Extension.

ARTICLE V

REPRESENTATIONS AND WARRANTIES

          Each Borrower represents and warrants to the Administrative Agent and the Lenders that:

     5.01 Existence, Qualification and Power. Each Loan Party and each Subsidiary thereof
(a) is duly organized or formed, validly existing and, as applicable, in good standing
under the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite
power and authority and all requisite governmental licenses, authorizations, consents and approvals
to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its
obligations under the Loan Documents, the Acquisition Agreement and the Related Documents, in each
case, to which it is a party and consummate the Transaction, and (c) is duly qualified and

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is licensed and, as applicable, in good standing under the Laws of each jurisdiction where its
ownership, lease or operation of properties or the conduct of its business requires such
qualification or license; except in each case referred to in clause (b)(i) or (c),
to the extent that failure to do so could not reasonably be expected to have a Material Adverse
Effect.

     5.02 Authorization; No Contravention. The execution, delivery and performance by each
Loan Party of each Loan Document, the Acquisition Agreement and the Related Documents, to which
such Person is or is to be a party, have been duly authorized by all necessary corporate or other
organizational action, and do not and will not (a) contravene the terms of any of such Person’s
Organization Documents; (b) conflict with or result in any breach or contravention of, or the
creation of any Lien under, or require any payment to be made under (i) any material Contractual
Obligation to which such Person is a party or affecting such Person or the properties of such
Person or any of its Subsidiaries or (ii) any order, injunction, writ or decree of any Governmental
Authority or any arbitral award to which such Person or its property is subject; or (c) violate any
Law.

     5.03 Governmental Authorization; Other Consents. (a) No approval, consent,
exemption, authorization, or other action by, or notice to, or filing with, any Governmental
Authority or any other Person is necessary or required in connection with (i) the execution,
delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other
Loan Document, or for the consummation of the Transaction, (ii) the grant by any Loan Party of the
Liens granted by it pursuant to the Collateral Documents, (iii) the perfection or maintenance of
the Liens created under the Collateral Documents (including, except as expressly permitted herein,
the first priority nature thereof) or (iv) the exercise by the Administrative Agent or any Lender
of its rights under the Loan Documents or the remedies in respect of the Collateral pursuant to the
Collateral Documents, except for the authorizations, approvals, actions, notices and filings listed
on Schedule 5.03, all of which have been duly obtained, taken, given or made and are in
full force and effect. The Acquisition has been consummated in accordance with the Acquisition
Agreement and the Related Documents and applicable Law.

     (b) Under the Laws of the each US, foreign and local jurisdiction in which (x) a
Borrower is organized, (y) a Borrower incurs or assumes an Obligation or makes payment with
respect to an Obligation or (y) any Collateral is located, there is no requirement that the
Administrative Agent, in its capacity as mortgagee or secured party, or any of the Lenders
qualify to do business in such jurisdiction or comply with the requirement of any foreign
lender statute or to pay any Tax in order to carry out the transactions contemplated by,
receive the benefits of, or enforce the provisions of the Loan Documents or the documents
provided for therein, nor will the Administrative Agent or any of the Lenders be subject to
any other type of taxation in such jurisdiction solely as the result of the performance of
such transactions or the enforcement of any rights or remedies granted under any Loan
Document.

     5.04 Binding Effect. This Agreement has been, and each other Loan Document, when
delivered hereunder, will have been, duly executed and delivered by each Loan Party that is party
thereto. This Agreement constitutes, and each other Loan Document when so delivered will
constitute, a legal, valid and binding obligation of such Loan Party, enforceable against each Loan
Party that is party thereto in accordance with its terms, except as enforceability may be

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limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights
generally or by equitable principles of general applicability.

     5.05 Financial Statements; No Material Adverse Effect; No Internal Control Event.

     (a) The Audited Financial Statements (i) were prepared in accordance with GAAP
consistently applied throughout the period covered thereby, except as otherwise expressly
noted therein; (ii) fairly present the financial condition of the Company and its
Subsidiaries as of the date thereof and their results of operations for the period covered
thereby in accordance with GAAP consistently applied throughout the period covered thereby,
except as otherwise expressly noted therein; and (iii) show all material indebtedness and
other liabilities, direct or contingent, of the Company and its Subsidiaries as of the date
thereof, including liabilities for taxes, material commitments and Indebtedness.

     (b) The unaudited consolidated and consolidating balance sheets of the Company and its
Subsidiaries delivered pursuant to Section 4.01 (i) were prepared in accordance with
GAAP consistently applied throughout the period covered thereby, except as otherwise
expressly noted therein, and (ii) fairly present the financial condition of the Company and
its Subsidiaries as of the date thereof and their results of operations for the period
covered thereby, subject, in the case of clauses (i) and (ii), to the
absence of footnotes and to normal year-end audit adjustments. Schedule 5.05 sets
forth all material indebtedness and other liabilities, direct or contingent, of the Company
and its consolidated Subsidiaries (other than ASI) as of the Closing Date, including
liabilities for taxes, material commitments and Indebtedness (collectively, “Existing
Indebtedness”).

     (c) Since the date of the Audited Financial Statements, there has been no event or
circumstance, either individually or in the aggregate, that has had or could reasonably be
expected to have a Material Adverse Effect.

     (d) Other than Internal Control Events that have been publicly disclosed in the
Company’s Form 10-K or Form 10-Q filings with the SEC, to the best knowledge of the Company,
no Internal Control Event exists or has occurred since the date of the Audited Financial
Statements that has resulted in or could reasonably be expected to result in a misstatement
in any material respect, in any financial information delivered or to be delivered to the
Administrative Agent or the Lenders, of (i) covenant compliance calculations provided
hereunder or (ii) the assets, liabilities, financial condition or results of operations of
the Company and its Subsidiaries on a consolidated basis.

     (e) The consolidated and consolidating pro forma balance sheet of the Company and its
Subsidiaries delivered pursuant to Section 4.01, fairly present the
consolidated and consolidating pro forma financial condition of the Company and its
Subsidiaries as at such date and the consolidated and consolidating pro forma results of
operations of the Company and its Subsidiaries for the period ended on such date, in each
case giving effect to the Transaction, all in accordance with GAAP.

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     (f) The consolidated and consolidating forecasted balance sheet and statements of
income and cash flows of the Company and its Subsidiaries delivered pursuant to Section
4.01 or Section 6.01(c) were prepared in good faith on the basis of the
assumptions stated therein, which assumptions were fair in light of the conditions existing
at the time of delivery of such forecasts, and represented, at the time of delivery, the
Company’s best estimate of its future financial condition and performance.

     (g) All balance sheets, all statements of income and of cash flow and all other
financial information of the Company and its Subsidiaries to be furnished pursuant to
Section 6.01 will for periods following the Closing Date be prepared in accordance
with GAAP consistently applied and will present fairly in all material respects the
consolidated financial condition of the Persons covered thereby as at the dates thereof and
the results of their operations for the periods then ended.

     5.06 Litigation. There are no actions, suits, proceedings, claims or disputes pending
or, to the knowledge of the Company, threatened or contemplated, at law, in equity, in arbitration
or before any Governmental Authority, by or against the Company or any of its Subsidiaries or
against any of their properties or revenues that (a) purport to affect or pertain to this Agreement
or any other Loan Document, the Acquisition Agreement, the consummation of the Transaction or any
of the transactions contemplated hereby, or (b) except as specifically disclosed in Schedule
5.06, (the “Disclosed Litigation”), either individually or in the aggregate, if
determined adversely, could reasonably be expected to have a Material Adverse Effect, and there has
been no material adverse change in the status, or financial effect on any Loan Party or any
Subsidiary thereof, of the matters described in Schedule 5.06.

     5.07 Material Contracts. As of the Closing Date and each date on which applicable
supplemental reports are required to be delivered pursuant to Section 6.02(i), Schedule
5.07 sets forth a complete and accurate list of all Material Contracts to which a Loan Party or
any of the Subsidiaries (other than ASI until ASI becomes a Loan Party) is party to, showing as of
the date hereof the parties to such Material Contracts, the dates such Material Contracts were
entered into, the subject matter of such Material Contracts, the aggregate consideration payable to
or by the parties thereto and any other information useful to determine the materiality of such
Material Contract to the business or operations of the Loan Party or Subsidiary party thereto.
Neither any Loan Party nor any Subsidiary thereof is in default under or with respect to, or a
party to, any Material Contracts that could, either individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect. No default under any Material Contract has occurred
and is continuing or would result from the consummation of the Transactions.

     5.08 Ownership of Property; Liens; Investments. (a) Each Loan Party and each of its
Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests
in, all real property necessary or used in the ordinary conduct of its business, except for
such defects in title as could not, individually or in the aggregate, reasonably be expected
to have a Material Adverse Effect.

     (b) As of the Closing Date, Schedule 5.08(b) sets forth a complete and accurate
list of all Liens on the property or assets of each Loan Party and each of its Subsidiaries
(other than ASI until ASI becomes a Loan Party), showing as of the date

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hereof the
lienholder thereof, the principal amount of the obligations secured thereby and the property
or assets of such Loan Party or such Subsidiary subject thereto. The property of each Loan
Party and each of its Subsidiaries (other than ASI until ASI becomes a Loan Party) is
subject to no Liens, other than Liens set forth on Schedule 5.08(b), and as
otherwise permitted by Section 7.01.

     (c) As of the Closing Date and each date on which applicable supplemental reports are
required to be delivered pursuant to Section 6.02(i), Schedule 5.08(c) sets
forth a complete and accurate list of all real property owned by each Loan Party and each of
its Subsidiaries (other than ASI until ASI becomes a Loan Party), showing as of the date
hereof the street address, county or other relevant jurisdiction, state, record owner and
book and fair value thereof. Each Loan Party and each of its Subsidiaries has good,
marketable and insurable fee simple title to the real property owned by such Loan Party or
such Subsidiary, free and clear of all Liens, other than Liens created or permitted by the
Loan Documents.

     (d) (i) As of the Closing Date and each date on which applicable supplemental reports
are required to be delivered pursuant to Section 6.02(i), Schedule
5.08(d)(i) sets forth a complete and accurate list of all leases of real property under
which any Loan Party or any Subsidiary of a Loan Party (other than ASI until ASI becomes a
Loan Party) is the lessee, showing as of the date hereof the street address, county or other
relevant jurisdiction, state, lessor, lessee, expiration date and annual rental cost
thereof. Each such lease is the legal, valid and binding obligation of the lessor thereof,
enforceable in accordance with its terms, except as enforceability may be limited by
applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’
rights generally or by equitable principles of general applicability.

     (ii) As of the Closing Date and each date on which applicable supplemental
reports are required to be delivered pursuant to Section 6.02(i),
Schedule 5.08(d)(ii) sets forth a complete and accurate list of all leases
of real property under which any Loan Party or any Subsidiary of a Loan Party (other
than ASI until ASI becomes a Loan Party) is the lessor, showing as of the date
hereof the street address, county or other relevant jurisdiction, state, lessor,
lessee, expiration date and annual rental cost thereof. Each such lease is the
legal, valid and binding obligation of the lessee thereof, enforceable in accordance
with its terms, except as enforceability may be limited by applicable bankruptcy,
insolvency or similar laws affecting the enforcement of creditors’ rights generally
or by equitable principles of general applicability.

     (e) As of the Closing Date and each date on which applicable supplemental reports are
required to be delivered pursuant to Section 6.02(i), Schedule 5.08(e) sets
forth a complete and accurate list of all Investments held by any Loan Party or any
Subsidiary of a Loan Party (other than ASI until ASI becomes a Loan Party) on the date
hereof, showing as of the date hereof the amount, obligor or issuer and maturity, if any,
thereof.

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     (f) As of the Closing Date and each date on which applicable supplemental reports are
required to be delivered pursuant to Section 6.02(i), Schedule 5.08(f) sets
forth a complete and accurate list of all Material Personal Property of the Company (other
than with respect to the Material Personal Property of the Company located in the US) and
each Subsidiary (other than ASI until ASI becomes a Loan Party), showing as of the date
hereof the owner of such Material Personal Property, the book value of such Material
Personal Property, the jurisdiction in which such Material Personal Property is registered
and/or located and any other information that is necessary to obtain a perfected security
interest in such Material Personal Property in each jurisdiction where it is registered
and/or located.

     (g) As of the Closing Date and each date on which applicable supplemental reports are
required to be delivered pursuant to Section 6.02(i), Schedule 5.08(g) sets
forth a complete and accurate list of all Accounts of the Company and each of its
Subsidiaries (other than ASI until ASI becomes a Loan Party), showing the type of each such
Account, the financial institution in which each such Account is maintained, the then
average monthly balance of each such Account and which such Accounts are Excluded Accounts.

     5.09 Environmental Compliance. (a) Neither compliance with any applicable
Environmental Laws by the Loan Parties and their respective Subsidiaries, nor any claims alleging
potential liability under, or violation of, any Environmental Law with respect to the Loan Parties
and their respective Subsidiaries, could, individually or in the aggregate, reasonably be expected
to have a Material Adverse Effect.

     (b) None of the properties currently or formerly owned or operated by any Loan Party or
any of its Subsidiaries is listed or proposed for listing on the NPL or on the CERCLIS or
any analogous foreign, state or local list or is adjacent to any such property; to the best
of the Company’s knowledge, there are no and never have been any underground or above-ground
storage tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which
Hazardous Materials are being or have been treated, stored or disposed on any property
currently or formerly owned or operated by any Loan Party or any of its Subsidiaries; to the
best of the Company’s knowledge, there is no asbestos or asbestos-containing material on any
property currently owned or operated by any Loan Party or any of its Subsidiaries; and, to
the best of the Company’s knowledge, Hazardous Materials have not been released, discharged
or disposed of on any property currently or formerly owned or operated by any Loan Party or
any of its Subsidiaries, in a manner which could reasonably be expected to result in a
material liability to any Loan Party or any of its Subsidiaries.

     (c) Neither any Loan Party nor any of its Subsidiaries is undertaking, and has not
completed, either individually or together with other potentially responsible parties,
any investigation or assessment or remedial or response action relating to any actual
or threatened release, discharge or disposal of Hazardous Materials at any site, location or
operation, either voluntarily or pursuant to the order of any Governmental Authority or the
requirements of any Environmental Law; and all Hazardous Materials generated, used, treated,
handled or stored at, or transported to or from, any property currently or

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formerly owned or
operated by any Loan Party or any of its Subsidiaries have been managed in a manner not
reasonably expected to result in material liability to any Loan Party or any of its
Subsidiaries.

     (d) To the knowledge of any Loan Party, there is no liability arising under
Environmental Law that would materially interfere with the satisfaction of any Contractual
Obligation owed to any Loan Party or any of its Subsidiaries.

     5.10 Insurance. The properties of the Company and its Subsidiaries are insured with
financially sound and reputable insurance companies not Affiliates of the Company, in such amounts,
with such deductibles and covering such risks as are customarily carried by companies engaged in
similar businesses and owning similar properties in localities where the Company or the applicable
Subsidiary operates.

     5.11 Taxes. The Company and its Subsidiaries have filed all Federal, state and other
(foreign and US) material tax returns and reports required to be filed, and have paid all Federal,
state and other (foreign and US) material taxes, assessments, fees and other governmental charges
levied or imposed upon them or their properties, income or assets otherwise due and payable, except
those which are being contested in good faith by appropriate proceedings diligently conducted and
for which adequate reserves have been provided in accordance with GAAP. There is no proposed tax
assessment against the Company or any Subsidiary that would, if made, be reasonably expected to
have a Material Adverse Effect. Neither any Loan Party nor any Subsidiary thereof is party to any
tax sharing agreement.

     5.12 ERISA Compliance. (a) Each Plan is in compliance in all material respects with
the applicable provisions of ERISA, the Code and other Federal or state Laws. Each Plan that is
intended to qualify under Section 401(a) of the Code has received a favorable determination letter
from the IRS or an application for such a letter is currently being processed by the IRS with
respect thereto and, to the best knowledge of the Company, nothing has occurred which would
prevent, or cause the loss of, such qualification. The Company and each ERISA Affiliate have made
all required contributions to each Plan subject to Section 412 of the Code, and no application for
a funding waiver or an extension of any amortization period pursuant to Section 412 of the Code has
been made with respect to any Plan.

     (b) There are no pending or, to the best knowledge of the Company, threatened claims,
actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that
could reasonably be expected to have a Material Adverse Effect. There has been no
prohibited transaction or violation of the fiduciary responsibility rules with respect to
any Plan that has resulted or could reasonably be expected to result in a Material Adverse
Effect.

     (c) (i) No ERISA Event has occurred or is reasonably expected to occur; (ii) no Pension
Plan has any Unfunded Pension Liability; (iii) neither the Company nor any ERISA Affiliate
has incurred, or reasonably expects to incur, any liability under Title IV of ERISA with
respect to any Pension Plan (other than premiums due and not delinquent under Section 4007
of ERISA); (iv) neither the Company nor any ERISA Affiliate has incurred, or reasonably
expects to incur, any liability (and no event has occurred which,

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with the giving of notice
under Section 4219 of ERISA, would result in such liability) under Section 4201 or 4243 of
ERISA with respect to a Multiemployer Plan; and (v) neither the Company nor any ERISA
Affiliate has engaged in a transaction that could be subject to Section 4069 or 4212(c) of
ERISA.

     (d) With respect to each scheme or arrangement mandated by a government other than the
United States (a “Foreign Government Scheme or Arrangement”) and with respect to
each employee benefit plan maintained or contributed to by any Loan Party or any Subsidiary
of any Loan Party that is not subject to United States law (a “Foreign Plan”):

     (i) any employer and employee contributions required by law or by the terms of
any Foreign Government Scheme or Arrangement or any Foreign Plan have been made, or,
if applicable, accrued, in accordance with normal accounting practices;

     (ii) except as disclosed in Schedule 5.12(d)(ii) (other with respect to
ASI until ASI is a Loan Party), the fair market value of the assets of each funded
Foreign Plan, the liability of each insurer for any Foreign Plan funded through
insurance or the book reserve established for any Foreign Plan, together with any
accrued contributions, is sufficient to procure or provide for the accrued benefit
obligations, as of the date hereof, with respect to all current and former
participants in such Foreign Plan according to the actuarial assumptions and
valuations most recently used to account for such obligations in accordance with
applicable generally accepted accounting principles; and

     (iii) each Foreign Plan required to be registered has been registered and has
been maintained in good standing with applicable regulatory authorities.

     5.13 Subsidiaries; Equity Interests; Loan Parties. No Loan Party has any Subsidiaries
other than those specifically disclosed in Part (a) of Schedule 5.13, and all of
the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and
non-assessable (or equivalent thereof to the extent applicable in the jurisdiction in which Equity
Interests are issued) and are owned by a Loan Party (or other Person) in the amounts specified on
Part (a) of Schedule 5.13 free and clear of all Liens except those created under
the Collateral Documents. No Loan Party has any equity investments in any other corporation or
entity other than those specifically disclosed in Part(b) of Schedule 5.13. All of
the outstanding Equity Interests in the Company have been validly issued are fully paid and
non-assessable and are owned by the Persons in the amounts specified on Part (c) of
Schedule 5.13 free and clear of all Liens except those created under the Collateral
Documents. Set forth on Part (d) of Schedule 5.13 is a complete and accurate list
of all Loan Parties, showing as of the Closing Date (as to
each Loan Party) the jurisdiction of its incorporation, the address of its principal place of
business and its US taxpayer identification number or, in the case of any non-US Loan Party that
does not have a US taxpayer identification number, its unique identification number issued to it by
the jurisdiction of its incorporation. The copy of the charter of each Loan Party and each
amendment thereto provided pursuant to Section 4.01(a)(vii) is a true and correct copy of
each such document, each of which is valid and in full force and effect. No holder of Other AJI

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Equity Interests has the ability to affect the rights or remedies of the Secured Parties under the
Loan Documents.

     5.14 Margin Regulations; Investment Company Act; Public Utility Holding Company Act.
(a) No Borrower is engaged or will engage, principally or as one of its important activities, in
the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by
the FRB), or extending credit for the purpose of purchasing or carrying margin stock. Following
the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more
than 25% of the value of the assets (either of the applicable Borrower only or of the Company and
its Subsidiaries on a consolidated basis) subject to the provisions of Section 7.01 or
Section 7.05 or subject to any restriction contained in any agreement or instrument between
any Borrower and any Lender or any Affiliate of any Lender relating to Indebtedness and within the
scope of Section 8.01(e) will be margin stock.

     (b) None of the Company, any Person Controlling the Company, or any Subsidiary (i) is a
“holding company,” or a “subsidiary company” of a “holding company,” or an “affiliate” of a
“holding company” or of a “subsidiary company” of a “holding company,” within the meaning of
the Public Utility Holding Company Act of 1935, or (ii) is or is required to be registered
as an “investment company” under the Investment Company Act of 1940.

     5.15 Disclosure. The Company has disclosed to the Administrative Agent and the
Lenders all agreements, instruments and corporate or other restrictions to which it or any of its
Subsidiaries or any other Loan Party is subject, and all other matters known to it, that,
individually or in the aggregate, could reasonably be expected to result in a Material Adverse
Effect. No report, financial statement, certificate or other information furnished (whether in
writing or orally) by or on behalf of any Loan Party to the Administrative Agent or any Lender in
connection with the transactions contemplated hereby and the negotiation of this Agreement or
delivered hereunder or under any other Loan Document (in each case, as modified or supplemented by
other information so furnished) contains any material misstatement of fact or omits to state any
material fact necessary to make the statements therein, in the light of the circumstances under
which they were made, not misleading; provided that, with respect to projected financial
information, the Company represents only that such information was prepared in good faith based
upon assumptions believed to be reasonable at the time.

     5.16 Compliance with Laws. Each Loan Party and each Subsidiary thereof is in
compliance in all material respects with the requirements of all Laws and all orders, writs,
injunctions and decrees applicable to it or to its properties, except in such instances in which
(a) such requirement of Law or order, writ, injunction or decree is being contested in good faith
by appropriate proceedings diligently conducted or (b) the failure to comply therewith, either
individually or in the aggregate, could not reasonably be expected to have a Material Adverse
Effect.

     5.17 Intellectual Property; Licenses, Etc. Each Loan Party and its Subsidiaries own,
or possess the right to use, all of the trademarks, service marks, trade names, copyrights,
patents, patent rights, franchises, licenses and other intellectual property rights (collectively,
“IP Rights”) that are reasonably necessary for the operation of their respective businesses
and as of the

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Closing Date and each date on which applicable supplemental reports are required to
be delivered pursuant to Section 6.02(i), Schedule 5.17 sets forth a complete and
accurate list of all such IP Rights owned or used by each Loan Party and each of its Subsidiaries
(other than ASI until ASI becomes a Loan Party). To the best knowledge of the Company, no slogan
or other advertising device, product, process, method, substance, part or other material now
employed, or now contemplated to be employed, by any Loan Party or any of its Subsidiaries
infringes upon any rights held by any other Person. No claim or litigation regarding any of the
foregoing is pending or, to the best knowledge of the Company, threatened, which, either
individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

     5.18 Solvency. Each Loan Party is, individually and together with its Subsidiaries on
a consolidated basis, Solvent.

     5.19 Casualty, Etc. Neither the businesses nor the properties of any Loan Party or
any of its Subsidiaries are affected by any fire, explosion, accident, strike, lockout or other
labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or
other casualty (whether or not covered by insurance) that, either individually or in the aggregate,
could reasonably be expected to have a Material Adverse Effect.

     5.20 Labor Matters. There are no collective bargaining agreements or Multiemployer
Plans covering the employees of the Company or any of its Subsidiaries as of the Closing Date and
neither the Company nor any Subsidiary has suffered any strikes, walkouts, work stoppages or other
material labor difficulty within the last three years.

     5.21 Collateral Documents. The provisions of the Collateral Documents are effective
to create in favor of the Administrative Agent for the benefit of the Secured Parties a legal,
valid and enforceable first priority Lien (subject (other than with respect to Liens on Equity
Interests of the Subsidiaries) to Liens permitted by Section 7.01) on all right, title and
interest of the respective Loan Parties in the Collateral described therein. Except for filings
completed prior to the Closing Date and as contemplated hereby and by the Collateral Documents and
filings set forth on Schedule 5.21 that will be made by the date set forth in such
Schedule, no filing or other action will be necessary to perfect or protect such Liens.

     5.22 Representations as to Foreign Obligors. Each of the Company and each Foreign
Obligor represents and warrants to the Administrative Agent and the Lenders that:

     (a) Such Foreign Obligor is subject to civil and commercial Laws with respect to its
obligations under this Agreement and the other Loan Documents to which it is a party
(collectively as to such Foreign Obligor, the “Applicable Foreign Obligor
Documents”), and the execution, delivery and performance by such Foreign Obligor of
the Applicable Foreign Obligor Documents constitute and will constitute private and
commercial acts and not public or governmental acts. Subject to applicable Debtor Relief
Laws, neither such Foreign Obligor nor any of its property has any immunity from
jurisdiction of any court or from any legal process (whether through service or notice,
attachment prior to judgment, attachment in aid of execution, execution or otherwise) under
the laws of the jurisdiction in which such Foreign Obligor is organized and existing in
respect of its obligations under the Applicable Foreign Obligor Documents.

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     (b) The Applicable Foreign Obligor Documents are in proper legal form under the Laws of
the jurisdiction in which such Foreign Obligor is organized and existing for the enforcement
thereof against such Foreign Obligor under the Laws of such jurisdiction, and to ensure the
legality, validity, enforceability, priority or admissibility in evidence of the Applicable
Foreign Obligor Documents, except as provided under applicable Debtor Relief Laws. It is
not necessary to ensure the legality, validity, enforceability, priority or admissibility in
evidence of the Applicable Foreign Obligor Documents that the Applicable Foreign Obligor
Documents be filed, registered or recorded with, or executed or notarized before, any court
or other authority in the jurisdiction in which such Foreign Obligor is organized and
existing or that any registration charge or stamp or similar tax be paid on or in respect of
the Applicable Foreign Obligor Documents or any other document, except for (i) any such
filing, registration, recording, execution or notarization as has been made or is not
required to be made until the Applicable Foreign Obligor Document or any other document is
sought to be enforced and (ii) any charge or tax as has been timely paid.

     (c) There is no tax, levy, impost, duty, fee, assessment or other governmental charge,
or any deduction or withholding, imposed by any Governmental Authority in or of the
jurisdiction in which such Foreign Obligor is organized and existing either (i) on or by
virtue of the execution or delivery of the Applicable Foreign Obligor Documents or (ii) on
any payment to be made by such Foreign Obligor pursuant to the Applicable Foreign Obligor
Documents, except as has been disclosed on Schedule 5.22.

     (d) The execution, delivery and performance of the Applicable Foreign Obligor Documents
executed by such Foreign Obligor are, under applicable foreign exchange control regulations
of the jurisdiction in which such Foreign Obligor is organized and existing, not subject to
any notification or authorization except (i) such as have been made or obtained or (ii) such
as cannot be made or obtained until a later date (provided that any notification or
authorization described in clause (ii) shall be made or obtained as soon as is
reasonably practicable).

     5.23 Issuance of Subordinated Debt; Status of Obligations as Senior Indebtedness, etc.
The applicable Borrowers have the power and authority to incur the Subordinated Debt as provided
for under the Sub Debt Documents applicable thereto and has duly authorized, executed and delivered
the Sub Debt Documents applicable to such Subordinated Debt. The applicable Borrowers have issued,
pursuant to due authorization, the Subordinated Debt under the applicable Sub Debt Documents, and
such Sub Debt Documents constitute the legal, valid and binding obligations of such Borrowers
enforceable against such Borrowers in accordance with their terms (except as such enforceability
may be limited by applicable bankruptcy, insolvency,
reorganization or similar laws affecting creditors’ rights generally and by principles of
equity). The subordination provisions of the Subordinated Debt contained in the Sub Debt Documents
are enforceable against the holders of the Subordinated Debt by the holder of any “Senior
Indebtedness” or similar term referring to the Obligations (as defined in the Sub Debt Documents).
All Obligations, including those to pay principal of and interest (including post-petition
interest, whether or not allowed as a claim under bankruptcy or similar laws) on the Loans and
reimbursement obligations, and fees and expenses in connection therewith, constitute “Senior
Indebtedness” or similar term relating to the Obligations (as defined in the Sub Debt

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Documents)
and all such Obligations are entitled to the benefits of the subordination created by the Sub Debt
Documents. The Borrowers acknowledge that the Administrative Agent, each Lender and each L/C
Issuer is entering into this Agreement and is extending its Commitments in reliance upon the
subordination provisions of the Sub Debt Documents.

     5.24 Other Representations and Warranties. All representations and warranties made by
each Borrower to the Acquisition Agreement and the Related Documents under the Acquisition
Agreement or the Related Documents are, in each case, true and correct in all material respects as
of the Closing Date (except to the extent any such representation and warranty is stated to relate
solely to an earlier date, in which case such representations and warranties shall be true and
correct in all material respects as of such earlier date) and no material default has occurred and
is continuing under the Acquisition Agreement or the Related Documents.

ARTICLE VI

AFFIRMATIVE COVENANTS

     So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation
hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the
Company shall, and shall (except in the case of the covenants set forth in Sections 6.01,
6.02 and 6.03) cause each Subsidiary to:

     6.01 Financial Statements. Deliver to the Administrative Agent and each Lender, in
form and detail satisfactory to the Administrative Agent and the Required Lenders:

     (a) as soon as available, but in any event within 100 days after the end of each fiscal
year of the Company (commencing with the fiscal year ended March 31, 2007), (i) a
consolidated and consolidating balance sheet of the Company and its Subsidiaries as at the
end of such fiscal year, and the related consolidated and consolidating statements of income
or operations, shareholders’ equity and cash flows for such fiscal year, setting forth in
each case in comparative form the figures for the previous fiscal year, all in reasonable
detail and prepared in accordance with GAAP, such consolidated statements to be audited and
accompanied by (A) a report and opinion of a Registered Public Accounting Firm of nationally
recognized standing reasonably acceptable to the Required Lenders, which report and opinion
shall be prepared in accordance with generally accepted auditing standards and applicable
Securities Laws and shall not be subject to any “going concern” or like qualification or
exception or any qualification or exception as to the scope of such audit or with respect to
the absence of any material misstatement and (B) an opinion of such Registered Public
Accounting Firm independently assessing
the Company’s internal controls over financial reporting in accordance with Item 308 of
SEC Regulation S-K, PCAOB Auditing Standard No. 2, and Section 404 of Sarbanes-Oxley
expressing a conclusion that contains no statement that there is a material weakness in such
internal controls, except for such material weaknesses as to which the Required Lenders do
not object, and such consolidating statements to be certified by the chief executive
officer, chief financial officer, treasurer or controller of the Company to the effect that
such statements are fairly stated in all material respects when considered in relation to
the consolidated financial statements of the Company and its Subsidiaries and

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(ii) financial
statements of AJI and ASI prepared in compliance with the Company Law (Law No. 86 of 2005,
as amended) of Japan;

     (b) as soon as available, but in any event within 50 days after the end of each of the
first three fiscal quarters of each fiscal year of the Company (commencing with the fiscal
quarter ended June 30, 2006), a consolidated and consolidating balance sheet of the Company
and its Subsidiaries as at the end of such fiscal quarter, and the related consolidated and
consolidating statements of income or operations, shareholders’ equity and cash flows for
such fiscal quarter and for the portion of the Company’s fiscal year then ended, setting
forth in each case in comparative form the figures for the corresponding fiscal quarter of
the previous fiscal year and the corresponding portion of the previous fiscal year, all in
reasonable detail, such consolidated statements to be certified by the chief executive
officer, chief financial officer, treasurer or controller of the Company as fairly
presenting the financial condition, results of operations, shareholders’ equity and cash
flows of the Company and its Subsidiaries in accordance with GAAP, subject only to normal
year-end audit adjustments and the absence of footnotes and such consolidating statements to
be certified by the chief executive officer, chief financial officer, treasurer or
controller of the Company to the effect that such statements are fairly stated in all
material respects when considered in relation to the consolidated financial statements of
the Company and its Subsidiaries; and

     (c) as soon as available, but in any event at least 75 days following the end of each
fiscal year of the Company, an annual business plan and budget of the Company and its
Subsidiaries on a consolidated basis, including forecasts prepared by management of the
Company, in form satisfactory to the Administrative Agent and the Required Lenders, of
consolidated balance sheets and statements of income or operations and cash flows of the
Company and its Subsidiaries on a quarterly basis for the immediately following fiscal year.

As to any information contained in materials furnished pursuant to Section 6.02(d), the
Company shall not be separately required to furnish such information under Section 6.01(a)
or (b) above, but the foregoing shall not be in derogation of the obligation of the Company
to furnish the information and materials described in Sections 6.01(a) and (b)
above at the times specified therein.

     6.02 Certificates; Other Information. Deliver to the Administrative Agent and each
Lender, in form and detail satisfactory to the Administrative Agent and the Required Lenders:

     (a) concurrently with the delivery of the financial statements referred to in
Section 6.01(a), a certificate of the Registered Public Accounting Firm certifying
such financial statements and stating that in making the examination necessary therefor no
knowledge was obtained of any Default or, if any such Default shall exist, stating the
nature and status of such event;

     (b) concurrently with the delivery of the financial statements referred to in
Sections 6.01(a) and (b), a duly completed Compliance Certificate signed by
the chief executive officer, chief financial officer, treasurer or controller of the
Company;

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     (c) promptly after any request by the Administrative Agent or any Lender, copies of any
detailed audit reports, management letters or recommendations submitted to the board of
directors (or the audit committee of the board of directors) of any Loan Party by
independent accountants in connection with the accounts or books of any Loan Party or any of
its Subsidiaries, or any audit of any of them;

     (d) (i) promptly after the same are available, copies of each annual report, proxy or
financial statement or other report or communication sent to the stockholders of the
Company, and copies of all annual, regular, periodic and special reports and registration
statements which the Company may file or be required to file with the SEC under Section 13
or 15(d) of the Securities Exchange Act of 1934, or with any national securities exchange,
and in any case not otherwise required to be delivered to the Administrative Agent pursuant
hereto and (ii) concurrently with the delivery of the financial statements referred to in
Sections 6.01(a) and (b), to the extent Form 10-K filings and/or Form 10-Q
filings corresponding with the dates of such financial statement have not been made with the
SEC prior to the delivery of such financial statements, drafts of such filings in form and
substance reasonably satisfactory to the Administrative Agent;

     (e) promptly after the furnishing thereof, copies of any statement or report furnished
to any holder of debt securities of any Loan Party or of any of its Subsidiaries pursuant to
the terms of any indenture, loan or credit or similar agreement and not otherwise required
to be furnished to the Lenders pursuant to Section 6.01 or any other clause of this
Section 6.02;

     (f) promptly, and in any event within five Business Days after receipt thereof by any
Loan Party or any Subsidiary thereof, copies of each notice or other correspondence received
from the SEC (or comparable agency in any applicable non-US jurisdiction) concerning any
investigation or possible investigation or other formal inquiry by such agency regarding
financial or other operational results of any Loan Party or any Subsidiary thereof
(including, without limitation, the notice information set forth on Schedule
6.02(f));

     (g) not later than five Business Days after receipt thereof by any Loan Party or any
Subsidiary thereof, copies of all notices, requests and other documents (including
amendments, waivers and other modifications) so received under or pursuant to the
Acquisition Agreement or any instrument, indenture, loan or credit or similar agreement
regarding or related to any breach or default by any party thereto or any other event that
could reasonably be expected to result in a material impairment of the value of the
interests or the rights of any Loan Party or otherwise have a Material Adverse Effect and,
from time to time upon request by the Administrative Agent, such information and reports
regarding the Acquisition Agreement and such instruments, indentures and loan and credit and
similar agreements as the Administrative Agent may reasonably request;

     (h) promptly after the assertion or occurrence thereof, notice of any action or
proceeding against or of any noncompliance by any Loan Party or any of its Subsidiaries with
any Environmental Law or Environmental Permit that could (i) reasonably be expected to have
a Material Adverse Effect or (ii) cause any property described in the

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Mortgages to be
subject to any material restrictions on ownership, occupancy, use or transferability under
any Environmental Law;

     (i) as soon as available, but in any event within 45 days after the end of each fiscal
quarter of the Company, (i) a report supplementing Schedule 5.07, including an
identification of all Material Contracts, the parties to such Material Contracts, the dates
such Material Contracts were entered into, the subject matter of such Material Contracts,
the aggregate consideration payable to or by the parties thereto and any other information
useful to determine the materiality of such Material Contract to the business, condition
(financial or otherwise), operations, performance, properties or prospects of the Loan Party
or Subsidiary party thereto; (ii) a report supplementing Schedules 5.08(c),
5.08(d)(i) and 5.08(d)(ii), including an identification of all owned and
leased real property disposed of by the Company or any Subsidiary thereof during such fiscal
year, a list and description (including the street address, county or other relevant
jurisdiction, state, record owner, book value thereof and, in the case of leases of
property, lessor, lessee, expiration date and annual rental cost thereof) of all real
property acquired or leased during such fiscal year and a description of such other changes
in the information included in such Schedules as may be necessary for such Schedules to be
accurate and complete; (iii) a report supplementing Schedule 5.08(f), including an
identification of the owner of such Material Personal Property, the book value of such
Material Personal Property, the jurisdiction in which such Material Personal Property is
registered and/or located and any other information that is necessary to obtain a perfected
security interest in such Material Personal Property in each jurisdiction where it is
registered and/or located; (iv) a report supplementing Schedule 5.08(g), including
identifying the type of each applicable Account, the financial institution in which each
such Account is maintained, the then average monthly balance of each such Account and which
such Accounts are Excluded Accounts; (v) a report supplementing Schedule 5.17,
setting forth (A) a list of registration numbers for all patents, trademarks, service marks,
trade names and copyrights awarded to the Company or any Subsidiary thereof during such
fiscal year and (B) a list of all patent applications, trademark applications, service mark
applications, trade name applications and copyright applications submitted by the Company or
any Subsidiary thereof during such fiscal year and the status of each such application; and
(vi) a report supplementing Schedules 5.08(e) and 5.13 containing a
description of all changes in the information included in such Schedules as may be necessary
for such Schedules to be accurate and complete, each such report to be signed by a
Responsible Officer of the Company and to be in a form reasonably satisfactory to the
Administrative Agent;

     (j) promptly, such additional information regarding the business, financial, legal or
corporate affairs of any Loan Party or any Subsidiary thereof, or compliance with the terms
of the Loan Documents, as the Administrative Agent or any Lender may from time to time
reasonably request.

     Documents required to be delivered pursuant to Section 6.01(a) or (b) or
Section 6.02(d) (to the extent any such documents are included in materials otherwise filed
with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been
delivered on the date (i) on which the Company posts such documents, or provides a link thereto on
the Company’s website on the Internet at the website address listed on Schedule 10.02; or
(ii) on

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which such documents are posted on the Company’s behalf on an Internet or intranet website,
if any, to which each Lender and the Administrative Agent have access (whether a commercial,
third-party website or whether sponsored by the Administrative Agent); provided that: (i)
the Company shall deliver paper copies of such documents to the Administrative Agent or any Lender
that requests the Company to deliver such paper copies until a written request to cease delivering
paper copies is given by the Administrative Agent or such Lender and (ii) the Company shall notify
the Administrative Agent and each Lender (by telecopier or electronic mail) of the posting of any
such documents and provide to the Administrative Agent by electronic mail electronic versions
(i.e., soft copies) of such documents. Notwithstanding anything contained herein, in every
instance the Company shall be required to provide paper copies of the Compliance Certificates
required by Section 6.02(b) to the Administrative Agent. Except for such Compliance
Certificates, the Administrative Agent shall have no obligation to request the delivery or to
maintain copies of the documents referred to above, and in any event shall have no responsibility
to monitor compliance by the Company with any such request for delivery, and each Lender shall be
solely responsible for requesting delivery to it or maintaining its copies of such documents.

     Each Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arranger will
make available to the Lenders and the L/C Issuer materials and/or information provided by or on
behalf of such Borrower hereunder (collectively, the “Borrower Materials”) by posting the
Borrower Materials on IntraLinks or another similar electronic system (the “Platform”) and
(b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive
material non-public information with respect to any Borrower or its securities) (each, a
“Public Lender”). Each Borrower hereby agrees that it will use commercially reasonable
efforts to identify that portion of the Borrower Materials that may be distributed to the Public
Lenders and that (w) all such Borrower Materials shall be clearly and conspicuously marked “PUBLIC”
which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page
thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrowers shall be deemed to have
authorized the Administrative Agent, the Arranger, the L/C Issuer and the Lenders to treat such
Borrower Materials as not containing any material non-public information (although it may be
sensitive and proprietary) with respect to the Borrowers or their respective securities for
purposes of United States Federal and state securities laws (provided that to the extent such
Borrower Materials constitute Information, they shall be treated as set forth in Section
10.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a
portion of the Platform designated “Public Investor;” and (z) the Administrative Agent and the
Arranger shall be entitled to treat any Borrower Materials that are
not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not
designated “Public Investor.”

     6.03 Notices. Promptly notify the Administrative Agent and each Lender:

     (a) of the occurrence of (i) any Default or (ii) any matter that could reasonably be
expected to result in a Default under Section 8.01(g);

     (b) of any matter that has resulted or could reasonably be expected to result in a
Material Adverse Effect, including (i) any dispute, litigation, investigation, proceeding or
suspension between any Loan Party or any Subsidiary thereof and any Governmental

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Authority;
or (ii) the commencement of, or any material development in, any litigation or proceeding
affecting any Loan Party or any Subsidiary thereof, including pursuant to any applicable
Environmental Laws;

     (c) of the occurrence of any ERISA Event or Foreign Plan Event;

     (d) of any material change in accounting policies or financial reporting practices by
any Loan Party or any Subsidiary thereof;

     (e) of the determination by the Registered Public Accounting Firm providing the opinion
required under Section 6.01(a)(ii) (in connection with its preparation of such
opinion) or the Company’s determination at any time of the occurrence or existence of any
Internal Control Event which could reasonably be expected to have a Material Adverse Effect;
and

     (f) of any announcement by Moody’s or S&P of any downgrade or possible downgrade in the
rating of the Subordinated Notes.

     Each notice pursuant to this Section 6.03 (other than Section 6.03(f)) shall
be accompanied by a statement of a Responsible Officer of the Company setting forth details of the
occurrence referred to therein and stating what action the Company has taken and proposes to take
with respect thereto. Each notice pursuant to Section 6.03(a) shall describe with
particularity any and all provisions of this Agreement and any other Loan Document that have been
breached.

     6.04 Payment of Obligations. Pay and discharge as the same shall become due and
payable, all its material obligations and liabilities, including (a) all tax liabilities,
assessments and governmental charges or levies upon it or its properties or assets, unless the same
are being contested in good faith by appropriate proceedings diligently conducted and adequate
reserves in accordance with GAAP are being maintained by the Company or such Subsidiary; (b) all
lawful claims which, if unpaid, would by law become a Lien upon its property, except those which
are being contested in good faith by appropriate proceedings diligently conducted and for which
adequate reserves have been provided in accordance with GAAP; and (c) all Indebtedness, as and when
due and payable, but subject to any subordination provisions contained in any instrument or
agreement evidencing such Indebtedness.

     6.05 Preservation of Existence, Etc. (a) Preserve, renew and maintain in full force
and effect its (i) legal existence and (ii) good standing under the Laws of the jurisdiction of its
organization except in a transaction permitted by Section 7.04 or 7.05; (b) take
all reasonable action to maintain all rights, privileges, permits, licenses and franchises
necessary or desirable in the normal conduct of its business (as determined by the Company in its
sole discretion), except to the extent that failure to do so could not reasonably be expected to
have a Material Adverse Effect; and (c) preserve or renew all of its registered patents,
trademarks, trade names and service marks, the non-preservation of which could reasonably be
expected to have a Material Adverse Effect.

     6.06 Maintenance of Properties. (a) Maintain, preserve and protect all of its
material properties and equipment necessary in the operation of its business in good working order
and

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condition, ordinary wear and tear and obsolescence excepted; (b) make all necessary repairs
thereto and renewals and replacements thereof except where the failure to do so could not
reasonably be expected to have a Material Adverse Effect; and (c) use reasonable care in the
operation and maintenance of its facilities.

     6.07 Maintenance of Insurance. Maintain with financially sound and reputable
insurance companies not Affiliates of the Company, insurance with respect to its properties and
business against loss or damage of the kinds customarily insured against by Persons engaged in the
same or similar business, of such types and in such amounts as are customarily carried under
similar circumstances by such other Persons and providing for not less than 30 days’ prior notice
to the Administrative Agent of termination, lapse or cancellation of such insurance.

     6.08 Compliance with Laws. Comply in all material respects with the requirements of
all Laws and all orders, writs, injunctions and decrees applicable to it or to its business or
property, except in such instances in which (a) such requirement of Law or order, writ, injunction
or decree is being contested in good faith by appropriate proceedings diligently conducted; or (b)
the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

     6.09 Books and Records. (a) Maintain proper books of record and account, in which
full, true and correct entries in conformity with GAAP consistently applied shall be made of all
financial transactions and matters involving the assets and business of the Company or such
Subsidiary, as the case may be; and (b) maintain such books of record and account in material
conformity with all applicable requirements of any Governmental Authority having regulatory
jurisdiction over the Company or such Subsidiary, as the case may be.

     6.10 Inspection Rights. Permit representatives and independent contractors of the
Administrative Agent and each Lender to visit and inspect any of its properties, to examine its
corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to
discuss its affairs, finances and accounts with its directors, officers, and independent public
accountants, at such reasonable times during normal business hours and as often as may be
reasonably desired, upon reasonable advance notice to the Company; provided that when an
Event of Default exists the Administrative Agent or any Lender (or any of their respective
`representatives or independent contractors) may do any of the foregoing at the expense of the
Company at any time during normal business hours and without advance notice.

     6.11 Use of Proceeds. Use the proceeds of the Credit Extensions to finance the
Acquisition and the costs and expenses reflected thereto and for general corporate purposes not in
contravention of any Law or of any Loan Document.

     6.12 ASI as Loan Party and Equity Interests of ASI. Within 120 days of the Closing
Date (a) cause ASI to become a Designated Borrower pursuant to Section 2.14, and cause ASI
and its Subsidiaries to comply with Section 6.13 in all respects (as if ASI were a newly
acquired Subsidiary of AJI) and (b) cause AJI to, and AJI agrees to, grant a security interest in
all of its Equity Interests in ASI under security agreements in form and substance satisfactory to
the Administrative Agent, deliver, or cause to be delivered, to the Administrative Agent all
certificates representing Equity Interests of ASI owned by the Company and its Subsidiaries,

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accompanied by undated stock powers executed in blank, and otherwise comply with Section
6.13 with respect to such Equity Interests in all respects (as if ASI were a newly acquired
Subsidiary of AJI).

     6.13 Covenant to Guarantee Obligations and Give Security. (a) Upon the formation or
acquisition of any new direct or indirect Subsidiary (other than any CFC or a Subsidiary that is
held directly or indirectly by a CFC) by any Loan Party, or upon the occurrence of an Asset Trigger
Event with respect to any Subsidiary, at the Company’s expense:

     (i) within 10 Business Days after such formation, acquisition or Asset Trigger
Event, cause such Subsidiary, and cause each direct and indirect parent of such
Subsidiary (if it has not already done so), to duly execute and deliver to the
Administrative Agent a guaranty or guaranty supplement, in form and substance
satisfactory to the Administrative Agent, guaranteeing the other Loan Parties’
obligations under the Loan Documents,

     (ii) within 10 Business Days after such formation, acquisition or Asset Trigger
Event, furnish to the Administrative Agent a description of the real and personal
properties of such Subsidiary, in detail satisfactory to the Administrative Agent,

     (iii) within 15 Business Days after such formation, acquisition or Asset
Trigger Event, cause such Subsidiary and each direct and indirect parent of such
Subsidiary (if it has not already done so) to duly execute and deliver to the
Administrative Agent deeds of trust, trust deeds, deeds to secure debt, mortgages,
leasehold mortgages, leasehold deeds of trust, Security Agreement supplements and
other security and pledge agreements, as specified by and in form and substance
satisfactory to the Administrative Agent (including delivery of all Pledged
Interests in and of such Subsidiary, and other instruments of the type specified in
Section 4.01(a)(iii)), securing payment of all the Obligations of such
Subsidiary or such parent, as the case may be, under the Loan Documents and
constituting Liens on all such real and personal properties,

     (iv) within 30 days after such formation, acquisition or Asset Trigger Event,
cause such Subsidiary and each direct and indirect parent of such Subsidiary (if it
has not already done so) to take whatever action (including the
recording of mortgages, the filing of Uniform Commercial Code or other
financing statements, the giving of notices and the endorsement of notices on title
documents) may be necessary or advisable in the opinion of the Administrative Agent
to vest in the Administrative Agent (or in any representative of the Administrative
Agent designated by it) valid and subsisting Liens on the properties purported to be
subject to the deeds of trust, trust deeds, deeds to secure debt, mortgages,
leasehold mortgages, leasehold deeds of trust, Security Agreement supplements and
security and pledge agreements delivered pursuant to this Section 6.13,
enforceable against all third parties in accordance with their terms,

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     (v) within 60 days after such formation, acquisition or Asset Trigger Event,
deliver to the Administrative Agent, upon the request of the Administrative Agent in
its reasonable discretion, a signed copy of a favorable opinion, addressed to the
Administrative Agent and the other Secured Parties, of counsel for the Loan Parties
acceptable to the Administrative Agent as to the matters contained in clauses
(i), (iii) and (iv) above, and as to such other matters as the
Administrative Agent may reasonably request, and

     (vi) as promptly as practicable after such formation, acquisition or Asset
Trigger Event, deliver, upon the request of the Administrative Agent in its
reasonable discretion, to the Administrative Agent with respect to each parcel of
real property owned or held by the entity that is the subject of such formation or
acquisition title reports, surveys and engineering, soils and other reports, and
environmental assessment reports, each in scope, form and substance reasonably
satisfactory to the Administrative Agent, provided that to the extent that any Loan
Party or any of its Subsidiaries shall have otherwise received any of the foregoing
items with respect to such real property, such items shall, promptly after the
receipt thereof, be delivered to the Administrative Agent;

provided that (x) clauses (i) through (vi) above shall not apply to
ASI or any of its Subsidiaries until the 120th day following the Closing Date, at which
point such clauses shall apply to ASI and all of its Subsidiaries without regard to any time
periods set forth in any such clause and (y) notwithstanding anything to the contrary
contained in clause (x) above, clauses (i) and (iii) through
(vi) shall not apply to any Subsidiary if such Subsidiary does not have assets in
any country with an aggregate book value greater than $1,000,000 (when taken together with
the aggregate book value of the assets of any Loan Party or any other Subsidiary in such
country), unless and until such Subsidiary has assets in a country with an aggregate book
value greater than or equal to $1,000,000 (when taken together with the aggregate book value
of the assets of any Loan Party or any other Subsidiary in such country).

     (b) Upon the acquisition of any property by any US Loan Party, if such property, in the
judgment of the Administrative Agent, shall not already be subject to a perfected first
priority (subject to Liens permitted under Section 7.02) security interest in favor
of the Administrative Agent for the benefit of the Secured Parties, then the Company shall,
at the Company’s expense:

     (i) within 10 Business Days after such acquisition, furnish to the
Administrative Agent a description of the property so acquired in detail
satisfactory to the Administrative Agent,

     (ii) within 15 Business Days after such acquisition, cause the applicable Loan
Party to duly execute and deliver to the Administrative Agent deeds of trust, trust
deeds, deeds to secure debt, mortgages, leasehold mortgages, leasehold deeds of
trust, Security Agreement supplements and other security and pledge agreements, as
specified by and in form and substance satisfactory to the Administrative Agent,
securing payment of all the Obligations of the applicable

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Loan Party under the Loan
Documents and constituting Liens on all such properties,

     (iii) within 30 days after such acquisition, cause the applicable Loan Party to
take whatever action (including the recording of mortgages, the filing of Uniform
Commercial Code or other financing statements, the giving of notices and the
endorsement of notices on title documents) may be necessary or advisable in the
opinion of the Administrative Agent to vest in the Administrative Agent (or in any
representative of the Administrative Agent designated by it) valid and subsisting
Liens on such property, enforceable against all third parties,

     (iv) within 60 days after such acquisition, deliver to the Administrative
Agent, upon the request of the Administrative Agent in its reasonable discretion, a
signed copy of a favorable opinion, addressed to the Administrative Agent and the
other Secured Parties, of counsel for the Loan Parties acceptable to the
Administrative Agent as to the matters contained in clauses (ii) and
(iii) above and as to such other matters as the Administrative Agent may
reasonably request, and

     (v) as promptly as practicable after any acquisition of a real property,
deliver, upon the request of the Administrative Agent in its reasonable discretion,
to the Administrative Agent with respect to such real property title reports,
surveys and engineering, soils and other reports, and environmental assessment
reports, each in scope, form and substance satisfactory to the Administrative Agent,
provided that to the extent that any Loan Party or any of its Subsidiaries shall
have otherwise received any of the foregoing items with respect to such real
property, such items shall, promptly after the receipt thereof, be delivered to the
Administrative Agent.

     (c) Upon delivery of any report pursuant to Section 6.02(i) supplementing
Schedules 5.07, 5.08(c), 5.08(d)(i), 5.08(d)(ii),
5.08(e), 5.08(f) and/or 5.17 with respect to Material Property of
Foreign Obligors, if such Material Property, in the judgment of the Administrative Agent,
shall not already be subject to a perfected first priority (subject to Liens permitted under
Section 7.02) security interest in favor of the Administrative Agent for the benefit
of the Secured Parties, then the Company shall, at the Company’s expense within 30 days
after the date such reports were required to be delivered pursuant to Section 6.02(i),

     (i) cause the applicable Foreign Obligor to duly execute and deliver to the
Administrative Agent deeds of trust, trust deeds, deeds to secure debt, mortgages,
leasehold mortgages, leasehold deeds of trust, Security Agreement supplements and
other security and pledge agreements, as specified by and in form and substance
satisfactory to the Administrative Agent, securing payment of all the Obligations of
the applicable Foreign Obligor under the Loan Documents and constituting Liens on
all such properties,

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     (ii) cause the applicable Foreign Obligor to take whatever action (including
the recording of mortgages, the filing of Uniform Commercial Code or other financing
statements, the giving of notices and the endorsement of notices on title documents)
may be necessary or advisable in the opinion of the Administrative Agent to vest in
the Administrative Agent (or in any representative of the Administrative Agent
designated by it) valid and subsisting Liens on such property, enforceable against
all third parties,

     (iii) deliver to the Administrative Agent, upon the request of the
Administrative Agent in its reasonable discretion, a signed copy of a favorable
opinion, addressed to the Administrative Agent and the other Secured Parties, of
counsel for the Foreign Obligors acceptable to the Administrative Agent as to the
matters contained in clauses (ii) and (iii) above and as to such
other matters as the Administrative Agent may reasonably request, and

     (iv) deliver, upon the request of the Administrative Agent in its reasonable
discretion, to the Administrative Agent with respect to title reports, surveys and
engineering, soils and other reports, and environmental assessment reports, each in
scope, form and substance satisfactory to the Administrative Agent, provided
that to the extent that any Foreign Obligor or any of its Subsidiaries shall have
otherwise received any of the foregoing items, such items shall, promptly after the
receipt thereof, be delivered to the Administrative Agent;

provided that (x) clauses (i) through (iv) above shall not apply to
ASI or any of its Subsidiaries until the 120th day following the Closing Date and (y)
notwithstanding anything to the contrary contained in clause (x) above, clauses
(ii) through (iv) shall not apply to any Subsidiary if such Subsidiary does not
have assets in any country with an aggregate book value greater than $1,000,000 (when taken
together with the aggregate book value of the assets of any Loan Party or any other
Subsidiary in such country), unless and until such Subsidiary has assets in a country with
an aggregate book value greater than or equal to $1,000,000 (when taken together with the
aggregate book value of the assets of any Loan Party or any other Subsidiary in such
country).

     (d) Upon the request of the Administrative Agent following the occurrence and during
the continuance of a Default, the Company shall, at the Company’s expense:

     (i) within 10 days after such request, furnish to the Administrative Agent a
description of the real and personal properties of the Loan Parties and their
respective Subsidiaries in detail satisfactory to the Administrative Agent,

     (ii) within 15 days after such request, duly execute and deliver, and cause
each Subsidiary (other than any CFC or a Subsidiary that is held directly or
indirectly by a CFC) of the Company (if it has not already done so) to duly execute
and deliver, to the Administrative Agent deeds of trust, trust deeds, deeds to
secure debt, mortgages, leasehold mortgages, leasehold deeds of trust, Security
Agreement supplements and other security and pledge agreements, as specified by and
in form and substance satisfactory to the Administrative Agent (including

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delivery
of all Pledged Equity and Pledged Debt in and of such Subsidiary, and other
instruments of the type specified in Section 4.01(a)(iii)), securing payment
of all the Obligations of such Subsidiary under the Loan Documents and constituting
Liens on all such properties,

     (iii) within 30 days after such request, take, and cause each Loan Party and
each other Subsidiary (other than any CFC or a Subsidiary that is held directly or
indirectly by a CFC) of the Company to take, whatever action (including the
recording of mortgages, the filing of Uniform Commercial Code or other financing
statements, the giving of notices and the endorsement of notices on title documents)
may be necessary or advisable in the opinion of the Administrative Agent to vest in
the Administrative Agent (or in any representative of the Administrative Agent
designated by it) valid and subsisting Liens on the properties purported to be
subject to the deeds of trust, trust deeds, deeds to secure debt, mortgages,
leasehold mortgages, leasehold deeds of trust, Security Agreement Supplements, IP
Security Agreement Supplements and security and pledge agreements delivered pursuant
to this Section 6.13, enforceable against all third parties in accordance
with their terms,

     (iv) within 60 days after such request, deliver to the Administrative Agent,
upon the request of the Administrative Agent in its sole discretion, a signed copy
of a favorable opinion, addressed to the Administrative Agent and the other Secured
Parties, of counsel for the Loan Parties acceptable to the Administrative Agent as
to the matters contained in clauses (ii) and (iii) above, and as to
such other matters as the Administrative Agent may reasonably request, and

     (v) as promptly as practicable after such request, deliver, upon the request of
the Administrative Agent in its sole discretion, to the Administrative Agent with
respect to each parcel of real property owned or held by the Company and its
Subsidiaries, title reports, surveys and engineering, soils and other reports, and
environmental assessment reports, each in scope, form and substance satisfactory to
the Administrative Agent, provided that to the extent that any Loan Party or any of
its Subsidiaries shall have otherwise received any of the foregoing items with
respect to such real property, such items shall, promptly after the receipt thereof,
be delivered to the Administrative Agent.

     (e) At any time upon request of the Administrative Agent, promptly execute and deliver
any and all further instruments and documents and take all such other action as the
Administrative Agent reasonably determines necessary in obtaining the full
benefits of, or (as applicable) in perfecting and preserving the Liens of, such
guaranties, deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold
mortgages, leasehold deeds of trust, Security Agreement supplements and other security and
pledge agreements.

     6.14 Compliance with Environmental Laws. Comply, and cause all lessees and other
Persons operating or occupying its properties to comply, in all material respects, with all

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

     6.15 Preparation of Environmental Reports. At the request of the Required Lenders
from time to time (but not more than once in any calendar year), provide to the Lenders within 60
days after such request, at the expense of the Company, an environmental site assessment report for
any of its properties described in such request, prepared by an environmental consulting firm
acceptable to the Administrative Agent, indicating the presence or absence of Hazardous Materials
and the estimated cost of any compliance, removal or remedial action in connection with any
Hazardous Materials on such properties; without limiting the generality of the foregoing, if the
Company fails to provide a report satisfactory in form and substance to the Administrative Agent
within the time referred to above, the Administrative Agent may retain an environmental consulting
firm to prepare such report at the expense of the Company, and the Company hereby grants and agrees
to cause any Subsidiary that owns any property described in such request to grant at the time of
such request to the Administrative Agent, the Lenders, such firm and any agents or representatives
thereof an irrevocable non-exclusive license, subject to the rights of tenants, to enter onto their
respective properties to undertake such an assessment.

     6.16 Further Assurances. Promptly upon request by the Administrative Agent, or any
Lender through the Administrative Agent, (a) correct any material defect or error that may be
discovered in any Loan Document or in the execution, acknowledgment, filing or recordation thereof,
and (b) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and
re-register any and all such further acts (including obtaining appraisals on real estate owned by
AJI on behalf of the Administrative Agent), deeds, certificates, assurances and other instruments
as the Administrative Agent, or any Lender through the Administrative Agent, may reasonably require
from time to time in order to (i) effectuate the purposes of the Loan Documents, (ii) to the
fullest extent permitted by applicable law, subject any Loan Party’s or any of its Subsidiaries’
properties, assets, rights or interests to the Liens now or hereafter intended to be covered by any
of the Collateral Documents, (iii) perfect and maintain the validity, effectiveness and priority of
any of the Collateral Documents and any of the Liens intended to be created thereunder and (iv)
assure, convey, grant, assign, transfer, preserve, protect and confirm more effectively unto the
Secured Parties the rights granted or now or hereafter intended to be granted to the Secured
Parties under any Loan Document or under any other instrument executed in connection with any
Loan Document to which any Loan Party or any of its Subsidiaries is or is to be a party, and cause
each of its Subsidiaries to do so. Without limiting any other provision in this Agreement or any
other Loan Document, upon the request of the Administrative Agent and, in any event, at least
within 45 days after the end of each fiscal quarter of the Company, to the extent (i) the
attachment of any Lien on any Collateral to secure the Obligations in full (or in part) or the
perfection of such Lien requires the listing of each Secured Party in the filing system,
registration system or otherwise relevant to such Lien (collectively, the “Filing System”)
and (ii) the then

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existing listing of Secured Parties in the Filing System relevant to such Lien
does not accurately reflect the then existing Secured Parties, the Company shall update each such
listing of the Secured Parties to reflect the then current Secured Parties and, subsequently,
perform a search in each relevant Filing System. In addition, the Company shall certify to the
Administrative Agent that, either (1) each applicable Filing System accurately reflects the then
existing Secured Parties or (2) (x) the then existing listing of Secured Parties in certain Filing
Systems does not accurately reflect the then existing Secured Parties and detailing the steps taken
to revise such listing to accurately reflect the then existing Secured Parties (attaching evidence
thereof in form and substance satisfactory to the Administration Agent that such steps have been
taken) and (y) the existing listing of Secured Parties in the remaining Filing Systems accurately
reflect the then existing Secured Parties.

     6.17 Compliance with Terms of Leaseholds. Make all payments and otherwise perform in
all material respects all obligations in respect of all leases of real property to which the
Company or any of its Subsidiaries is a party and which are material to the Company’s or such
Subsidiary’s business or operations, keep such leases in full force and effect and not allow such
leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled
(unless consistent with the business plans delivered pursuant to Section 6.01(c)), notify
the Administrative Agent of any material default by any party with respect to such leases and
cooperate with the Administrative Agent in all respects to cure any such default, and cause each of
its Subsidiaries to do so, except, in any case, where the failure to do so, either individually or
in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

     6.18 Foreign Government Scheme or Arrangement; Foreign Plan.

     (a) Ensure that any employer and employee contributions required by Law or by the terms
of any Foreign Government Scheme or Arrangement or any Foreign Plan have been made, or, if
applicable, accrued, in accordance with normal accounting practices.

     (b) Ensure that the fair market value of the assets of each funded Foreign Plan, the
liability of each insurer for any Foreign Plan funded through insurance or the book reserve
established for any Foreign Plan, together with any accrued contributions, is sufficient to
procure or provide for the accrued benefit obligations, as of the date hereof, with respect
to all current and former participants in such Foreign Plan according to the actuarial
assumptions and valuations most recently used to account for such obligations in accordance
with applicable generally accepted accounting principles, other than with respect to the
Japanese Borrowers to the extent that non-compliance with this clause (b) by the
Japanese Borrowers (x) does not violate any applicable law or regulation or
subject the Japanese Borrowers to any material fines or Liens against their respective
property and (y) otherwise could not reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect.

     (c) Ensure that each Foreign Plan required to be registered has been registered and has
been maintained in good standing with applicable regulatory authorities.

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     6.19 Lien Searches. Promptly following receipt of the acknowledgment copy of any
financing statements filed under the Uniform Commercial Code in any jurisdiction by or on behalf of
the Secured Parties, deliver to the Administrative Agent completed requests for information listing
such financing statement and all other effective financing statements filed in such jurisdiction
that name any Loan Party as debtor, together with copies of such other financing statements.

     6.20 Material Contracts. Perform and observe all the terms and provisions of each
Material Contract to be performed or observed by it, maintain each Material Contract in full force
and effect, enforce each Material Contract in accordance with its terms, take all such action to
such end as may be from time to time requested by the Administrative Agent and, upon request of the
Administrative Agent, make to each other party to each Material Contract such demands and requests
for information and reports or for action as any Loan Party or any of its Subsidiaries is entitled
to make under such Material Contract, and cause each of its Subsidiaries to do so, except, in any
case, where the failure to do so, either individually or in the aggregate, could not reasonably be
expected to have a Material Adverse Effect.

     6.21 Designation as Senior Debt. Designate all Obligations as “Designated Senior
Indebtedness” under, and defined in, the Subordinated Notes Documents and all supplemental
indentures thereto, and the Company hereby makes such designation.

     6.22 Security Interests in Accounts, Etc. Subject to Section 6.26, maintain
each Account of the Company and its Subsidiaries (other than Excluded Accounts) at Bank of America,
an Affiliate of Bank of America or another commercial bank which is satisfactory to the
Administrative Agent, and cause each such Account to be subject to a first priority security
interest in favor of the Administrative Agent (or its designee) for the benefit of the Secured
Parties in a manner satisfactory to the Administrative Agent (which, with respect to Accounts held
in the US, shall be accomplished by means of a valid Control Agreement); provided that to
the extent a first priority security interest cannot be granted in Accounts maintained in Japan and
Taiwan, such Accounts are not required to be subject to a first priority security interest, but
must be maintained with Bank of America or an Affiliate thereof and subject to a security
arrangement satisfactory to the Administrative Agent. Without limiting the generality of the
foregoing, each Japanese Subsidiary shall, on a quarterly basis, provide notice to the financial
institution which holds its Accounts (other than Excluded Accounts) and take all other actions
necessary to maintain a first priority perfected security interest in such Account to the extent
that such security interests can be perfected by taking such action.

     6.23 Approvals and Authorizations. Maintain all authorizations, consents, approvals
and licenses from, exemptions of, and filings and registrations with, each Governmental Authority
of the jurisdiction in which each Foreign Obligor is organized and
existing, and all approvals and consents of each other Person in such jurisdiction, in each
case that are required in connection with the Loan Documents, except, in any case, where the
failure to do so, either individually or in the aggregate, could not reasonably be expected to have
a Material Adverse Effect.

     6.24 Taxpayer Identification Number. Within 30 days after the Closing Date, each (a)
US Loan Party which does not have, as of the Closing Date, a U.S. taxpayer identification

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number
and (b) non-US Loan Party which does not have, as of the Closing Date, a unique identification
number issued to it by the jurisdiction of its corporation, shall have, in each case, taken all
necessary action and executed all documents and instruments and made all necessary filings as may
be required by applicable Governmental Authority, to obtain such U.S. taxpayer (or other
applicable) identification number, and shall thereafter (i) take all such further steps as may be
required to obtain such identification number as soon as reasonably practicable and (ii) provide
such identification number to the Administrative Agent in writing promptly after the receipt
thereof.

     6.25 Lost AJI Stock Certificates. Within twelve months after the Closing Date, the
Company shall deliver, or cause to be delivered, to the Administrative Agent the Lost AJI Stock
Certificates, accompanied by undated stock powers executed in blank.

     6.26 Post Closing Deliverables.

     (a) Within 5 days, deliver to the Administrative Agent all Equity Interests of AJI
other than the Lost AJI Stock Certificates and the stock certificates evidencing the Other
AJI Equity Interests, accompanied by undated stock powers executed in blank.

     (b) Within 5 days, deliver to Japanese counsel to the Administrative Agent fully
executed documents to be filed in connection with the Japanese Collateral Documents, in form
and substance satisfactory to such counsel.

     (c) Within 5 days, deliver to the Administrative Agent (i) all intercompany notes
required to be delivered by the Company pursuant to Section 4.14 of the US Security
Agreement and (ii) a fully executed amendment to the outsourcing agreement with Solectron
Corporation, in form and substance satisfactory to the Administrative Agent.

     (d) Within 45 days, to the extent not already done, cause all Accounts of the Company
and its Subsidiaries to satisfy the requirements Section 6.22.

     (e) Within 60 days, grant a security interest under Taiwanese law in all Equity
Interests in Asyst Tech Taiwan Ltd. (“ATTL”) under a security agreement, in form and
substance satisfactory to the Administrative Agent, deliver, or cause to be delivered, to
the Administrative Agent all certificates representing such Equity Interests, accompanied by
undated stock powers executed in blank, and otherwise comply with Section 6.13 with
respect to such Equity Interests in all respects (as if ATTI were a newly acquired
Subsidiary of the Company).

ARTICLE VII

NEGATIVE COVENANTS

     So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation
hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, the
Company shall not, nor shall it permit any Subsidiary to, directly or indirectly:

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     7.01 Liens. Create, incur, assume or suffer to exist any Lien upon any of its
property, assets or revenues, whether now owned or hereafter acquired, or sign or file or suffer to
exist under the Uniform Commercial Code of any jurisdiction a financing statement that names the
Company or any of its Subsidiaries as debtor, or assign any accounts or other right to receive
income, or permit any provisions to exist in any Contractual Obligation with respect to the
Company, any Subsidiary or any real or personal property of the foregoing that provides for a Lien
to be granted at a later date or upon the occurrence of an event, other than the following:

     (a) Liens pursuant to any Loan Document;

     (b) Liens existing on the date hereof and listed on Schedule 5.08(b) and any
renewals or extensions thereof; provided that (i) the property covered thereby is
not changed, (ii) the amount secured or benefited thereby is not increased except as
contemplated by Section 7.02(d), (iii) the direct or any contingent obligor with
respect thereto is not changed, (iv) any renewal or extension of the obligations secured or
benefited thereby is permitted by Section 7.02(d) and (v) in no event shall the
amount secured or benefited thereby exceed $2,000,000 with respect to Liens on property of
AJI;

     (c) Liens for taxes, fees, assessments or other governmental charges not yet due or
which are being contested in good faith and by appropriate proceedings diligently conducted,
if adequate reserves with respect thereto are maintained on the books of the applicable
Person in accordance with GAAP;

     (d) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like
Liens arising in the ordinary course of business which are not overdue for a period of more
than 30 days or which are being contested in good faith and by appropriate proceedings
diligently conducted, if adequate reserves with respect thereto are maintained on the books
of the applicable Person;

     (e) pledges or deposits in the ordinary course of business in connection with workers’
compensation, unemployment insurance and other social security legislation, other than any
Lien imposed by applicable Law, including ERISA or any Foreign Government Scheme or
Arrangement;

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

     (g) easements, rights-of-way, restrictions and other similar encumbrances affecting
real property which, in the aggregate, are not substantial in amount, and which
do not in any case materially detract from the value of the property subject thereto or
materially interfere with the ordinary conduct of the business of the applicable Person;

     (h) Liens securing judgments for the payment of money not constituting an Event of
Default under Section 8.01(h);

     (i) Liens securing Indebtedness permitted under Section 7.02(f);
provided that (i) such Liens do not at any time encumber any property other than the
property

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financed by such Indebtedness and (ii) the Indebtedness secured thereby does not
exceed the cost or fair market value, whichever is lower, of the property being acquired on
the date of acquisition;

     (j) leases, subleases, licenses and sublicenses granted to others in the ordinary
course of business not interfering in any material respect with the value of the property to
which such Lien is attached or the conduct of business of the Company or any of its
Subsidiaries, as applicable, and any interest or title of a lessor, sublessor, licensor or
sublicensor or under any lease, sublease, license or sublicense;

     (k) zoning or similar laws or rights reserved to or vested in any Governmental
Authority to control or regulate the use of any real property owned by the Company or any of
its Subsidiaries;

     (l) Liens on or transfers of accounts receivable and contracts and instruments related
thereto arising solely in connection with the sale of such accounts receivable pursuant to
Section 7.05(f); and

     (m) other Liens affecting property with an aggregate fair value not to exceed
$5,000,000; provided that no such Lien shall extend to or cover any Collateral.

     7.02 Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except:

     (a) obligations (contingent or otherwise) existing or arising under any Swap Contract,
provided that (i) such obligations are (or were) entered into by such Person in the ordinary
course of business for the purpose of directly mitigating risks associated with fluctuations
in interest rates or foreign exchange rates and (ii) such Swap Contract does not contain any
provision exonerating the non-defaulting party from its obligation to make payments on
outstanding transactions to the defaulting party; provided that the aggregate Swap
Termination Value of Secured Hedge Agreements shall not exceed $50,000,000 at any time
outstanding;

     (b) Indebtedness of a Subsidiary Guarantor or ASI owed to the Company, a Subsidiary
Guarantor or ASI, which Indebtedness shall (i) be pledged under the applicable Security
Agreement, (ii) be on terms (including subordination terms) acceptable to the Administrative
Agent and (iii) be otherwise permitted under the provisions of Section 7.03;

     (c) Indebtedness under the Loan Documents;

     (d) Indebtedness outstanding on the date hereof and listed on Schedule 7.02,
and any Refinancings thereof (collectively, “Continuing Debt”); provided
that, with respect to any such Indebtedness described in this clause (d) of AJI and
its Subsidiaries and ASI and its Subsidiaries, (x) commitments relating to such Indebtedness
shall be limited to an aggregate principal amount not to exceed $50,000,000, (y) no more
than an aggregate principal amount of $25,000,000 at any time outstanding may be Funded
Indebtedness and (z) all such Indebtedness shall be unsecured (other than as permitted in
Section 7.01(b));

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     (e) unsecured Guarantees of the Company or any Subsidiary Guarantor in respect of
Indebtedness otherwise permitted hereunder of the Company, any other Subsidiary Guarantor or
ASI, but, if the obligations being Guaranteed are subordinated to the Obligations, only if
such Guarantees are subordinated to the Obligations on substantially the same terms;

     (f) Indebtedness in respect of Capitalized Leases, Synthetic Lease Obligations and
purchase money obligations for fixed or capital assets within the limitations set forth in
Section 7.01(i); provided that the aggregate amount of all such Indebtedness
at any one time outstanding shall not exceed $5,000,000;

     (g) Indebtedness of any Person that becomes a Subsidiary of the Company after the date
hereof in accordance with the terms of Section 7.03(i), which Indebtedness is
existing at the time such Person becomes a Subsidiary of the Company (other than
Indebtedness incurred solely in contemplation of such Person’s becoming a Subsidiary of the
Company), in an aggregate principal amount not to exceed $5,000,000, and Refinancings of
such Indebtedness;

     (h) Indebtedness incurred pursuant to Section 7.18, to the extent permitted
thereunder;

     (i) unsecured Subordinated Debt (other than the Subordinated Notes) of the Borrowers
incurred pursuant to the terms of the Sub Debt Documents, and Refinancings of such
Subordinated Debt which continue to satisfy the terms of the definition of “Subordinated
Debt”; provided that before and after giving effect to the incurrence of such
Subordinated Debt or Refinancing thereof (x) no Default shall exist, (y) the Company shall
be in pro forma compliance with Section 7.2.11 and (z) the aggregate
principal amount of Subordinated Debt at any time outstanding under this clause (i)
and clause (j) below shall not exceed $150,000,000;

     (j) unsecured Indebtedness incurred pursuant to the Subordinated Notes Documents, and
Refinancings of such Subordinated Debt which continue to satisfy the terms of the definition
of “Subordinated Debt”; provided that before and after giving effect to such
Refinancing (x) no Default shall exist, (y) the Company shall be in pro
forma compliance with Section 7.2.11 and (z) the aggregate principal amount
of Subordinated Debt at any time outstanding under this clause (j) and clause
(i) above shall not exceed $150,000,000; and

     (k) so long as no Default has occurred and is continuing, unsecured Indebtedness of the
Company and its Subsidiaries in an aggregate principal amount not to exceed $10,000,000 at
any time outstanding.

     7.03 Investments. Make or hold any Investments, except:

     (a) Investments held by the Company and its Subsidiaries in the form of Cash
Equivalents;

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     (b) Investments consisting of advances to officers, directors and employees of the
Company and its Subsidiaries in an aggregate amount not to exceed $1,000,000 at any time
outstanding, for travel, entertainment, relocation and analogous ordinary business purposes;

     (c) (i) Investments by the Company and its Subsidiaries in their respective
Subsidiaries outstanding on the date hereof, (ii) additional Investments by the Company and
its Subsidiaries in Loan Parties, (iii) additional Investments by Subsidiaries of the
Company that are not Loan Parties in other Subsidiaries that are not Loan Parties and (iv)
so long as no Default has occurred and is continuing or would result from such Investment,
additional Investments by the Loan Parties in wholly-owned Subsidiaries that are not Loan
Parties in an aggregate amount invested from the date hereof not to exceed $5,000,000;

     (d) Investments consisting of extensions of credit in the nature of accounts receivable
or notes receivable arising from the grant of trade credit in the ordinary course of
business, and Investments received in satisfaction or partial satisfaction thereof from
financially troubled account debtors to the extent reasonably necessary in order to prevent
or limit loss;

     (e) Guarantees permitted by Section 7.02;

     (f) Investments existing on the date hereof (other than those referred to in
Section 7.03(c)(i)) and set forth on Schedule 5.08(e);

     (g) Investments in Swap Contracts permitted under Section 7.02(a);

     (h) the purchase or other acquisition of all of the Equity Interests in, or all or
substantially all of the property of, any Person that, upon the consummation thereof, will
be wholly-owned directly by the Company or one or more of its wholly-owned Subsidiaries
(including as a result of a merger or consolidation); provided that, with respect to
each purchase or other acquisition made pursuant to this Section 7.03(h):

     (i) any such newly-created or acquired Subsidiary shall comply with the
requirements of Section 6.13;

     (ii) the lines of business of the Person to be (or the property of which is to
be) so purchased or otherwise acquired shall be substantially the same lines
of business as one or more of the principal businesses of the Company and its
Subsidiaries in the ordinary course;

     (iii) such purchase or other acquisition shall not include or result in any
contingent liabilities that could reasonably be expected to be material to the
business, financial condition, operations or prospects of the Company and its
Subsidiaries, taken as a whole (as determined in good faith by the board of
directors (or the persons performing similar functions) of the Company or such
Subsidiary if the board of directors is otherwise approving such transaction and, in
each other case, by a Responsible Officer);

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     (iv) the total cash and noncash consideration (including the fair market value
of all Equity Interests issued or transferred to the sellers thereof, all
indemnities, earnouts and other contingent payment obligations to, and the aggregate
amounts paid or to be paid under noncompete, consulting and other affiliated
agreements with, the sellers thereof, all write-downs of property and reserves for
liabilities with respect thereto and all assumptions of debt, liabilities and other
obligations in connection therewith) paid by or on behalf of the Company and its
Subsidiaries for any such purchase or other acquisition, when aggregated with the
total cash and noncash consideration paid by or on behalf of the Company and its
Subsidiaries for all other purchases and other acquisitions made by the Company and
its Subsidiaries pursuant to this Section 7.03(h), shall not exceed
$15,000,000;

     (v) (A) immediately before and immediately after giving pro forma effect to any
such purchase or other acquisition, no Default shall have occurred and be continuing
and (B) immediately after giving effect to such purchase or other acquisition, the
Company and its Subsidiaries shall be in pro forma compliance with all of the
covenants set forth in Section 7.11, such compliance to be determined on the
basis of the financial information most recently delivered to the Administrative
Agent and the Lenders pursuant to Section 6.01(a) or (b) as though
such purchase or other acquisition had been consummated as of the first day of the
fiscal period covered thereby; and

     (vi) the Company shall have delivered to the Administrative Agent and each
Lender, at least five Business Days prior to the date on which any such purchase or
other acquisition is to be consummated, a certificate of a Responsible Officer, in
form and substance reasonably satisfactory to the Administrative Agent and the
Required Lenders, certifying that all of the requirements set forth in this
clause (vi) have been satisfied or will be satisfied on or prior to the
consummation of such purchase or other acquisition;

     (i) Investments by the Company and its Subsidiaries not otherwise permitted under this
Section 7.03 in an aggregate amount not to exceed $10,000,000 over the term of this
Agreement; provided that, with respect to each Investment made pursuant to this
Section 7.03(i):

     (i) such Investment shall not include or result in any contingent liabilities
that could reasonably be expected to be material to the business, financial
condition, operations or prospects of the Company and its Subsidiaries, taken as a
whole (as determined in good faith by the board of directors (or persons performing
similar functions) of the Company or such Subsidiary if the board of directors is
otherwise approving such transaction and, in each other case, by a Responsible
Officer);

     (ii) such Investment shall be in property that is part of, or in lines of
business that are, substantially the same lines of business as one or more of the
principal businesses of the Company and its Subsidiaries in the ordinary course;

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     (iii) any determination of the amount of such Investment shall include all cash
and noncash consideration (including the fair market value of all Equity Interests
issued or transferred to the sellers thereof, all indemnities, earnouts and other
contingent payment obligations to, and the aggregate amounts paid or to be paid
under noncompete, consulting and other affiliated agreements with, the sellers
thereof, all write-downs of property and reserves for liabilities with respect
thereto and all assumptions of debt, liabilities and other obligations in connection
therewith) paid by or on behalf of the Company and its Subsidiaries in connection
with such Investment; and

     (iv) (A) immediately before and immediately after giving pro forma effect to
any such purchase or other acquisition, no Default shall have occurred and be
continuing and (B) immediately after giving effect to such purchase or other
acquisition, the Company and its Subsidiaries shall be in pro forma compliance with
all of the covenants set forth in Section 7.11, such compliance to be
determined on the basis of the financial information most recently delivered to the
Administrative Agent and the Lenders pursuant to Section 6.01(a) or
(b) as though such Investment had been consummated as of the first day of
the fiscal period covered thereby;

     (j) the Acquisition and, following the Closing Date, the acquisition of 4.9% of the
Equity Interests of ASI in accordance with the Acquisition Agreement;

     (k) repurchases of stock from former officers, directors or employees of the Company
and its Subsidiaries under the terms of applicable repurchase agreements in an aggregate
amount not to exceed $1,000,000 in any fiscal year, provided that no Event of
Default has occurred, is continuing or would exist after giving effect to the repurchases;
and

     (l) other Investments not exceeding $5,000,000 in the aggregate in any fiscal year of
the Company.

     7.04 Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into
another Person, or Dispose of (whether in one transaction or in a series of transactions) all or a
substantial portion of its assets (whether now owned or hereafter acquired) to or in favor of
any Person, except that, so long as no Default exists or would result therefrom:

     (a) any Subsidiary may merge with (i) the Company, provided that the Company
shall be the continuing or surviving Person, or (ii) any one or more other Subsidiaries;
provided that when any Subsidiary Guarantor (or ASI) is merging with another
Subsidiary, a Subsidiary Guarantor (or ASI) shall be the continuing or surviving Person;
provided further that when any US Subsidiary Guarantor is merging with
another Subsidiary, the continuing and surviving Person shall be a US Subsidiary Guarantor;
and

     (b) any Subsidiary may Dispose of all or a substantial portion of its assets (upon
voluntary liquidation or otherwise) to the Company or to another Subsidiary;
provided that if the transferor in such a transaction is a Subsidiary Guarantor (or
ASI),

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then the transferee must either be the Company or a Subsidiary Guarantor;
provided further that if the transferor in such a transaction is a US
Subsidiary Guarantor, then the transferee must either be the Company or a US Subsidiary
Guarantor;

     (c) any Subsidiary (other than ASI) that is not a Loan Party may dispose of all or
substantially all its assets (including any Disposition that is in the nature of a
liquidation) to (i) another Subsidiary that is not a Loan Party or (ii) to a Loan Party;

     (d) in connection with any acquisition permitted under Section 7.03, any
Subsidiary of the Company may merge into or consolidate with any other Person or permit any
other Person to merge into or consolidate with it; provided that (i) the Person
surviving such merger shall be a wholly-owned Subsidiary of the Company and (ii) in the case
of any such merger to which any Loan Party (other than the Company) or ASI is a party, such
Loan Party or ASI, as applicable, is the surviving Person; and

     (e) so long as no Default has occurred and is continuing or would result therefrom, any
Subsidiary of the Company may merge into or consolidate with any other Person or permit any
other Person to merge into or consolidate with it; provided that in each case,
immediately after giving effect thereto in the case of any such merger to which any Loan
Party (other than the Company) or ASI is a party, such Loan Party or ASI, as applicable, is
the surviving corporation.

     7.05 Dispositions. Make any Disposition or enter into any agreement to make any
Disposition, except:

     (a) Dispositions of obsolete or worn out property, whether now owned or hereafter
acquired, in the ordinary course of business;

     (b) Dispositions of inventory in the ordinary course of business;

     (c) Dispositions of equipment or real property to the extent that (i) such property is
exchanged for credit against the purchase price of similar replacement property or (ii) the
proceeds of such Disposition are reasonably promptly applied to the purchase price of such
replacement property;

     (d) Subject to Section 7.04(b), Dispositions of property by any Subsidiary to
the Company or to a wholly-owned Subsidiary; provided that if the transferor of such
property is a Subsidiary Guarantor or ASI (or, in each case, Equity Interests therein), the
transferee thereof must either be the Company or a Subsidiary Guarantor;

     (e) Dispositions permitted by Section 7.04;

     (f) Dispositions of accounts (as such term is defined in Section 9-102 of the UCC) in
the ordinary course of business (including any factoring arrangements), and other
Dispositions of accounts for collection;

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     (g) Dispositions by the Company and its Subsidiaries of property pursuant to
sale-leaseback transactions, provided that the aggregate book value of all property
so Disposed of shall not exceed $10,000,000 from and after the Closing Date; and

     (h) Dispositions (other than of a Subsidiary Guarantor or ASI (or, in each case, Equity
Interests therein)) by the Company and its Subsidiaries not otherwise permitted under this
Section 7.05; provided that (i) at the time of such Disposition, no Default
shall exist or would result from such Disposition, (ii) the aggregate book value of all
property Disposed of in reliance on this clause (g) in any fiscal year shall not
exceed $10,000,000 and (iii) the purchase price for such asset shall be paid to the Company
or such Subsidiary solely in cash.

provided that any Disposition pursuant to Section 7.05(a) through Section 7.05
(g) shall be for the fair market value of such asset.

     7.06 Restricted Payments. Declare or make, directly or indirectly, any Restricted
Payment, or incur any obligation (contingent or otherwise) to do so, or issue or sell any Equity
Interests or accept any capital contributions, except that, so long as no Default shall have
occurred and be continuing at the time of any action described below or would result therefrom:

     (a) each Subsidiary may make Restricted Payments to the Company, the Subsidiary
Guarantors and any other Person (other than Shinko (except to the extent provided in
clause (d) below)) that owns a direct Equity Interest in such Subsidiary, ratably
according to their respective holdings of the type of Equity Interest in respect of which
such Restricted Payment is being made;

     (b) the Company and each Subsidiary may declare and make dividend payments or other
distributions payable solely in the common stock or other common Equity Interests of such
Person;

     (c) the Company and each Subsidiary may purchase, redeem or otherwise acquire its
common Equity Interests with the proceeds received from the substantially concurrent issue
of new common Equity Interests; and

     (d) the Company, AJI and ASI may make Restricted Payments to Shinko to the extent
required under the Acquisition Agreement (as in effect on the Closing Date, unless any
subsequent modifications thereto reduce the amount of Restricted Payments and are otherwise
permitted under Section 7.16).

     7.07 Change in Nature of Business. Engage in any material line of business
substantially different from those lines of business conducted by the Company and its Subsidiaries
on the date hereof or any business substantially related or incidental thereto.

     7.08 Transactions with Affiliates. Enter into any transaction of any kind with any
Affiliate of the Company, whether or not in the ordinary course of business, other than on fair and
reasonable terms substantially as favorable to the Company or such Subsidiary as would be
obtainable by the Company or such Subsidiary at the time in a comparable arm’s length transaction
with a Person other than an Affiliate; provided that the foregoing restriction shall not

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apply to transactions between or among the Company and any Subsidiary Guarantor or between and
among any Subsidiary Guarantors.

     7.09 Burdensome Agreements. Enter into or permit to exist any Contractual Obligation
(other than this Agreement or any other Loan Document) that (a) limits the ability (i) of any
Subsidiary to make Restricted Payments to the Company or any Subsidiary Guarantor or to otherwise
transfer property to or invest in the Company or any Subsidiary Guarantor, except for any agreement
in effect at the time any Subsidiary becomes a Subsidiary of the Company, so long as such agreement
was not entered into solely in contemplation of such Person becoming a Subsidiary of the Company,
(ii) of any Subsidiary to Guarantee the Indebtedness of the Company or (iii) of the Company or any
Subsidiary to create, incur, assume or suffer to exist Liens on property of such Person; or (b)
requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure
another obligation of such Person.

     7.10 Use of Proceeds. Use the proceeds of any Credit Extension, whether directly or
indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock
(within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of
purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose.

     7.11 Financial Covenants.

     (a) Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage
Ratio at any time during any period of four fiscal quarters of the Company to be greater
than 3.50:1.

     (b) Consolidated Senior Leverage Ratio. Permit the Consolidated Senior
Leverage Ratio at any time during any period of four fiscal quarters of the Company set
forth below to be greater than the ratio set forth below opposite such period:

	 	 	 	 	 
	 	 	Maximum
	 	 	Consolidated
	 	 	Senior Leverage
	Four Fiscal Quarters Ending	 	Ratio
	Closing Date through December 30, 2006
	 	 	2.25:1	 
	December 31, 2006 and each fiscal quarter
thereafter
	 	 	2.00:1	 

     (c) Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated Fixed
Charge Coverage Ratio as of the end of any fiscal quarter of the Company to be less than the
ratio set forth below opposite such fiscal quarter:

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	 	 	Minimum
	 	 	Consolidated
	 	 	Fixed Charge
	Four Fiscal Quarters Ending	 	Coverage Ratio
	Closing Date through December 30, 2006
	 	 	2.00:1	 
	December 31, 2006 and each fiscal quarter
thereafter
	 	 	2.50:1	 

     7.12 Capital Expenditures. Make or become legally obligated to make any Capital
Expenditure, except for Capital Expenditures in the ordinary course of business not exceeding, in
the aggregate for the Company and it Subsidiaries during each fiscal year set forth below, the
amount set forth opposite such fiscal year:

	 	 	 	 	 
	Fiscal Year	 	Amount
	2007
	 	$	15,000,000	 
	2008
	 	$	10,000,000	 
	2009
	 	$	10,000,000	 

     7.13 Amendments of Organization Documents. Amend any of its Organization Documents in
a manner materially adverse to the rights or remedies of the Secured Parties under the Loan
Documents.

     7.14 Accounting Changes. Make any change in (a) accounting policies or reporting
practices, except as required by GAAP, or (b) fiscal year.

     7.15 Prepayments, Etc. of Indebtedness. Prepay, redeem, purchase, defease or
otherwise satisfy prior to the scheduled maturity thereof in any manner, or make any payment in
violation of any subordination terms of, any Indebtedness, except (a) the prepayment of the Credit
Extensions in accordance with the terms of this Agreement and (b) regularly scheduled or required
repayments or redemptions or other payments of Indebtedness set forth in Schedule 7.02 and
refinancings and refundings of such Indebtedness in compliance with Section 7.02(d).

     7.16 Amendment, Etc. of Acquisition Agreement, Related Documents and Debt Documents.
(a) Cancel or terminate the Acquisition Agreement or any Related Document or consent to or accept
any cancellation or termination thereof if such cancellation or termination would materially impair
the rights or interests of the any Loan Party or the rights or interest of any Secured Party, (b)
amend, modify or change in any manner any term or condition of the Acquisition Agreement or any
Related Document or give any consent, waiver or approval thereunder that would materially impair
the rights or interests of any Loan Party or the rights or interests of any Secured Party, (c)
waive any default under or any breach of any term or condition of the Acquisition Agreement or any
Related Document, (d) take any other action in connection with the Acquisition Agreement or any
Related Document that would materially impair the value of the interest or rights of any Loan Party
thereunder or that would impair the rights or interests of the Administrative Agent or any Lender,
(e) amend, modify or change in

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any manner any material term or condition of any Indebtedness set forth in Schedule
7.02, except for (i) any Refinancings thereof permitted by Section 7.02 and (ii) any
amendment, supplement, waiver or modification for which no fee is payable to the holders of such
Indebtedness and which (A) extends the date or reduces the amount of any required repayment,
prepayment or redemption of the principal of such Indebtedness, (B) reduces the rate or extends
the date for payment of the interest, premium (if any) or fees payable on such Indebtedness or (C)
makes the covenants, events of default or remedies in Contractual Obligations governing such
Indebtedness less restrictive on the applicable Loan Parties or applicable Subsidiaries.

     7.17 Designation of Senior Debt. Designate any Indebtedness (other than the
Indebtedness under the Loan Documents) of the Company or any of its Subsidiaries as “Designated
Senior Debt” (or any similar term) under, and as defined in, the Subordinated Notes Documents, or
any other significant subordinated debt.

     7.18 Lease Obligations. Create, incur, assume or suffer to exist any obligations as
lessee (a) for the rental or hire of real or personal property in connection with any sale and
leaseback transaction, or (b) for the rental or hire of other real or personal property of any kind
under leases or agreements to lease (including Capitalized Leases) having an original term of one
year or more that would cause the direct and contingent liabilities of the Company and its
Subsidiaries, on a consolidated basis, in respect of all such obligations to exceed $10,000,000
payable in any period of 12 consecutive months.

ARTICLE VIII

EVENTS OF DEFAULT AND REMEDIES

     8.01 Events of Default. Any of the following shall constitute an Event of Default:

     (a) Non-Payment. Any Borrower or any other Loan Party fails to (i) pay when
and as required to be paid herein, and in the currency required hereunder, any amount of
principal of any Loan or any L/C Obligation or deposit any funds as Cash Collateral in
respect of L/C Obligations, or (ii) pay within three days after the same becomes due, any
interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) pay within
five days after the same becomes due, any other amount payable hereunder or under any other
Loan Document; or

     (b) Specific Covenants. (i) The Company fails to perform or observe any term,
covenant or agreement contained in any of Section 6.01, 6.02, 6.10,
6.11, 6.12, 6.13, 6.18, 6.22, 6.25,
6.26 or Article VII, or (ii) any Subsidiary Guarantor fails to perform or
observe any term, covenant or agreement contained in Article IV of the US Subsidiary
Guaranty, or any corresponding provision in any other Guaranty (with respect to the
covenants set forth in Article VII, as such covenants apply to each Subsidiary
Guarantor) or (iii) any of the Loan Parties fails to perform or observe any term, covenant
or agreement contained in Section 4.14 of the US Security Agreement or any corresponding
provision contained in any other Collateral Document to which it is a party; or

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     (c) Other Defaults. (i) The Company fails to perform or observe any term,
covenant or agreement contained in any of Section 6.03 or 6.05(a)(ii),
(b) or (c) and such failure continues for 3 Business Days or (ii) any Loan
Party fails to perform or observe any other covenant or agreement (not specified in
Section 8.01(a) or (b) or Section 8.01(c)(i) above) contained in any
Loan Document on its part to be performed or observed and such failure continues for 30
days; or

     (d) Representations and Warranties. Any representation, warranty,
certification or statement of fact made or deemed made by or on behalf of the Company or any
other Loan Party herein, in any other Loan Document, or in any document delivered in
connection herewith or therewith shall be incorrect or misleading when made or deemed made;
or

     (e) Cross-Default. (i) The Company or any Subsidiary thereof (A) fails to make
any payment when due (whether by scheduled maturity, required prepayment, acceleration,
demand, or otherwise) in respect of any Indebtedness or Guarantee (other than Indebtedness
hereunder and Indebtedness under Swap Contracts) having an aggregate principal amount
(including undrawn committed or available amounts and including amounts owing to all
creditors under any combined or syndicated credit arrangement) of more than the Threshold
Amount, or (B) fails to observe or perform any other agreement or condition relating to any
such Indebtedness or Guarantee or contained in any instrument or agreement evidencing,
securing or relating thereto, or any other event occurs, the effect of which default or
other event is to cause, or to permit the holder or holders of such Indebtedness or the
beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such
holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if
required, such Indebtedness to be demanded or to become due or to be repurchased, prepaid,
defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay,
defease or redeem such Indebtedness to be made, prior to its stated maturity, or such
Guarantee to become payable or cash collateral in respect thereof to be demanded; or (ii)
there occurs under any Swap Contract an Early Termination Date (as defined in such Swap
Contract) resulting from (A) any event of default under such Swap Contract as to which the
Company or any Subsidiary thereof is the Defaulting Party (as defined in such Swap Contract)
or (B) any Termination Event (as so defined) under such Swap Contract as to which the
Company or any Subsidiary thereof is an Affected Party (as so defined) and, in either event,
the Swap Termination Value owed by the Company or such Subsidiary as a result thereof is
greater than the Threshold Amount; or

     (f) Insolvency Proceedings, Etc. Any Loan Party or any Subsidiary thereof
institutes or consents to the institution of any proceeding under any Debtor Relief Law, or
makes an assignment for the benefit of creditors; or applies for or consents to the
appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or
similar officer for it or for all or any material part of its property; or any receiver,
trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed
without the application or consent of such Person and the appointment continues undischarged
or unstayed for 60 calendar days; or any proceeding under any Debtor Relief Law relating to
any such Person or to all or any material part of its property is instituted without the

113

 

consent of such Person and continues undismissed or unstayed for 60 calendar days, or
an order for relief is entered in any such proceeding; or

     (g) Inability to Pay Debts; Attachment. (i) The Company or any Subsidiary
thereof becomes unable or admits in writing its inability or fails generally to pay its
debts as they become due, (ii) in respect of the Company or any Subsidiary thereof
(excluding a Japanese Subsidiary thereof), any writ or warrant of attachment or execution or
similar process is issued or levied against all or any material part of the property of any
such Person and is not released, vacated or fully bonded within 30 days after its issue or
levy, (iii) in respect of any Japanese Subsidiary of the Company, any order or notice of
provisional attachment (“karishobun”), provisional attachment (“karisashiosae”) for the
purpose of assuring collection of taxes or public imposts, post-judgment attachment
(“sashiosae”) or other court order of enforcement issued with respect to any of its rights
under agreement or attachment with respect to any deposits or other credits of such Japanese
Subsidiary with any bank and/or any financial institution is dispatched, or (iv) any
clearing house in the observance of its rules takes procedures for suspension of any
Japanese Subsidiary’s transactions with banks and similar institutions; or

     (h) Judgments. There is entered against the Company or any Subsidiary thereof
(i) one or more final, nonappealable judgments or orders for the payment of money in an
aggregate amount (as to all such judgments and orders) exceeding the Threshold Amount (to
the extent not covered by independent third-party insurance as to which the insurer is rated
at least “A” by A.M. Best Company, has been notified of the potential claim and does not
dispute coverage), or (ii) any one or more non-monetary final, nonappealable judgments that
have, or could reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect and, in either case, (A) enforcement proceedings are commenced by any
creditor upon such judgment or order, or (B) there is a period of 20 consecutive days during
which a stay of enforcement of such judgment, by reason of a pending appeal or otherwise, is
not in effect; or

     (i) ERISA; Foreign Government Scheme or Arrangement. (i) An ERISA Event occurs
with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably
be expected to result in liability of the Company under Title IV of ERISA to the Pension
Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of the Threshold
Amount, (ii) the Company or any ERISA Affiliate fails to pay when due, after the expiration
of any applicable grace period, any installment payment with respect to its withdrawal
liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in
excess of the Threshold Amount, or (iii) a Foreign Plan Event occurs, or the Company or any
Loan Party fails to pay amounts due, with respect to any Foreign Plan resulting in
liabilities, which when combined with clauses (i) and (ii), respectively, in
an aggregate amount in excess of the Threshold Amount; or

     (j) Invalidity of Loan Documents. Any provision of any Loan Document, at any
time after its execution and delivery and for any reason other than as expressly permitted
hereunder or thereunder or satisfaction in full of all the Obligations and termination of
the Commitments, ceases to be in full force and effect and the invalidity of

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such provisions could reasonably be expected to materially and adversely affect the
rights and remedies of the Secured Parties; or any Loan Party or any other Person contests
in any manner the validity or enforceability of any provision of any Loan Document; or any
Loan Party denies that it has any or further liability or obligation under any provision of
any Loan Document, or purports to revoke, terminate or rescind any provision of any Loan
Document and the revocation, termination or rescission of such provision could reasonably be
expected to materially and adversely affect the rights and remedies of the Secured Parties;
or

     (k) Change of Control. There occurs any Change of Control; or

     (l) Collateral Documents. Any Collateral Document after delivery thereof
pursuant to Section 4.01 or 6.13 shall for any reason (other than pursuant
to the terms thereof) cease to create a valid and perfected first priority Lien (subject to
Liens permitted by Section 7.01) on any material portion of the Collateral purported
to be covered thereby; or

     (m) Subordination. (i) The subordination provisions of the Subordinated Notes
Documents the documents evidencing or governing any other subordinated Indebtedness (the
“Subordinated Provisions”) shall, in whole or in part, terminate, cease to be
effective or cease to be legally valid, binding and enforceable against any holder of the
applicable subordinated Indebtedness; or (ii) the Company or any other Loan Party shall,
directly or indirectly, disavow or contest in any manner (A) the effectiveness, validity or
enforceability of any of the Subordination Provisions, (B) that the Subordination Provisions
exist for the benefit of the Administrative Agent, the Lenders and the L/C Issuer or (C)
that all payments of principal of or premium and interest on the applicable subordinated
Indebtedness, or realized from the liquidation of any property of any Loan Party, shall be
subject to any of the Subordination Provisions; or

     (n) Material Contracts. The occurrence of any default or breach by any party
under any Material Contract, or any Material Contract shall be terminated prior to its term
for any reason and such default, breach or termination could reasonably be expected to have
a Material Adverse Effect.

     8.02 Remedies Upon Event of Default. If any Event of Default occurs and is
continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the
Required Lenders, take any or all of the following actions:

     (a) declare the commitment of each Lender to make Loans and any obligation of the L/C
Issuer to make L/C Credit Extensions to be terminated, whereupon such commitments and
obligation shall be terminated;

     (b) declare the unpaid principal amount of all outstanding Loans, all interest accrued
and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan
Document to be immediately due and payable, without presentment, demand, protest or other
notice of any kind, all of which are hereby expressly waived by the Company;

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     (c) require that each Borrower Cash Collateralize the L/C Obligations (in an amount
equal to its pro rata share of the then Outstanding Amount thereof); and

     (d) exercise on behalf of itself, the Lenders and the L/C Issuer all rights and
remedies available to it, the Lenders and the L/C Issuer under the Loan Documents;

provided that upon the occurrence of an actual or deemed entry of an order for relief with
respect to any Borrower under the Bankruptcy Code of the United States, upon the filing of a
petition for the commencement of any insolvency proceedings with respect of any Japanese
Subsidiary, or upon the occurrence of any event specified under Section 8.01(g)(iii) or
(iv), the obligation of each Lender to make Loans and any obligation of the L/C Issuer to
make L/C Credit Extensions shall automatically terminate, the unpaid principal amount of all
outstanding Loans and all interest and other amounts as aforesaid shall automatically become due
and payable, and the obligation of the Borrowers to Cash Collateralize the L/C Obligations as
aforesaid shall automatically become effective, in each case without further act of the
Administrative Agent or any Lender.

     8.03 Application of Funds. After the exercise of remedies provided for in Section
8.02 (or after the Loans have automatically become immediately due and payable and the L/C
Obligations have automatically been required to be Cash Collateralized as set forth in the proviso
to Section 8.02), any amounts received on account of the Obligations shall be applied by
the Administrative Agent in the following order:

First, to payment of that portion of the Obligations constituting fees, indemnities,
expenses and other amounts (including fees, charges and disbursements of counsel to the
Administrative Agent and amounts payable under Article III) payable to the
Administrative Agent in its capacity as such;

Second, to payment of that portion of the Obligations constituting fees, indemnities
and other amounts (other than principal, interest and Letter of Credit Fees) payable to the
Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the
respective Lenders and the L/C Issuer (including fees and time charges for attorneys who may
be employees of any Lender or the L/C Issuer) and amounts payable under Article
III), ratably among them in proportion to the respective amounts described in this
clause Second payable to them;

Third, to payment of that portion of the Obligations constituting accrued and unpaid
Letter of Credit Fees and interest on the Loans, L/C Borrowings and other Obligations,
ratably among the Lenders and the L/C Issuer in proportion to the respective amounts
described in this clause Third payable to them;

Fourth, to payment of that portion of the Obligations constituting unpaid principal
of the Loans, L/C Borrowings and amounts owing under Secured Hedge Agreements and Secured
Cash Management Agreements, ratably among the Lenders, the L/C Issuer, the Hedge Banks and
the Cash Management Banks in proportion to the respective amounts described in this clause
Fourth held by them;

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Fifth, to the Administrative Agent for the account of the L/C Issuer, to Cash
Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of
Letters of Credit; and

Last, the balance, if any, after all of the Obligations have been indefeasibly paid
in full, to the Company or as otherwise required by Law.

Subject to Section 2.03(c), amounts used to Cash Collateralize the aggregate undrawn amount
of Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings
under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral
after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be
applied to the other Obligations, if any, in the order set forth above.

ARTICLE IX

ADMINISTRATIVE AGENT

     9.01 Appointment and Authority. (a) Each of the Lenders and the L/C Issuer hereby
irrevocably appoints Bank of America to act on its behalf as the Administrative Agent hereunder and
under the other Loan Documents and authorizes the Administrative Agent to take such actions on its
behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof
or thereof, together with such actions and powers as are reasonably incidental thereto. The
provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and
the L/C Issuer, and no Borrower shall have rights as a third party beneficiary of any of such
provisions.

     (b) The Administrative Agent shall also act as the “collateral agent”, “security
agent”, “security trustee”, or in any similar capacity under the Loan Documents, and each of
the Lenders (in its capacities as a Lender, Swing Line Lender (if applicable), potential
Hedge Bank and potential Cash Management Bank) and the L/C Issuer hereby irrevocably
appoints and authorizes the Administrative Agent to act as the agent, “security agent”,
“security trustee”, or in any similar capacity of such Lender and the L/C Issuer for
purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any
of the Loan Parties to secure any of the Obligations, together with such powers and
discretion as are reasonably incidental thereto. In this connection, the Administrative
Agent, as “collateral agent”, “security agent”, “security trustee”, or in any similar
capacity and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative
Agent pursuant to Section 9.05 for purposes of holding or enforcing any Lien on the
Collateral (or any portion thereof) granted under the Collateral Documents, or for
exercising any rights and remedies thereunder at the direction of the Administrative Agent),
shall be entitled to the benefits of all provisions of this Article IX and
Article X (including Section 10.04(c), as though such co-agents, sub-agents
and attorneys-in-fact were the “collateral agent”, “security agent”, “security trustee”, or
in any similar capacity under the Loan Documents) as if set forth in full herein with
respect thereto.

     9.02 Rights as a Lender. The Person serving as the Administrative Agent hereunder
shall have the same rights and powers in its capacity as a Lender as any other Lender and may
exercise the same as though it were not the Administrative Agent and the term “Lender” or

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“Lenders” shall, unless otherwise expressly indicated or unless the context otherwise
requires, include the Person serving as the Administrative Agent hereunder in its individual
capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the
financial advisor or in any other advisory capacity for and generally engage in any kind of
business with the Borrowers or any Subsidiary or other Affiliate thereof as if such Person were not
the Administrative Agent hereunder and without any duty to account therefor to the Lenders.

     9.03 Exculpatory Provisions. The Administrative Agent shall not have any duties or
obligations except those expressly set forth herein and in the other Loan Documents. Without
limiting the generality of the foregoing, the Administrative Agent:

     (a) shall not be subject to any fiduciary or other implied duties, regardless of
whether a Default has occurred and is continuing;

     (b) shall not have any duty to take any discretionary action or exercise any
discretionary powers, except discretionary rights and powers expressly contemplated hereby
or by the other Loan Documents that the Administrative Agent is required to exercise as
directed in writing by the Required Lenders (or such other number or percentage of the
Lenders as shall be expressly provided for herein or in the other Loan Documents),
provided that the Administrative Agent shall not be required to take any action
that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to
liability or that is contrary to any Loan Document or applicable law; and

     (c) shall not, except as expressly set forth herein and in the other Loan Documents,
have any duty to disclose, and shall not be liable for the failure to disclose, any
information relating to any of the Borrowers or any of their respective Affiliates that is
communicated to or obtained by the Person serving as the Administrative Agent or any of its
Affiliates in any capacity.

     The Administrative Agent shall not be liable for any action taken or not taken by it (i) with
the consent or at the request of the Required Lenders (or such other number or percentage of the
Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be
necessary, under the circumstances as provided in Sections 10.01 and 8.02) or (ii)
in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall
be deemed not to have knowledge of any Default unless and until notice describing such Default is
given to the Administrative Agent by the Company, a Lender or the L/C Issuer.

     The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire
into (i) any statement, warranty or representation made in or in connection with this Agreement or
any other Loan Document, (ii) the contents of any certificate, report or other document delivered
hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance
of any of the covenants, agreements or other terms or conditions set forth herein or therein or the
occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this
Agreement, any other Loan Document or any other agreement, instrument or document, or the creation,
perfection or priority of any Lien purported to be created by the Collateral Documents, (v) the
value or the sufficiency of any Collateral, or

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(vi) the satisfaction of any condition set forth in Article IV or elsewhere herein,
other than to confirm receipt of items expressly required to be delivered to the Administrative
Agent.

     9.04 Reliance by Administrative Agent. The Administrative Agent shall be entitled to
rely upon, and shall not incur any liability for relying upon, any notice, request, certificate,
consent, statement, instrument, document or other writing (including any electronic message,
Internet or intranet website posting or other distribution) believed by it to be genuine and to
have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent
also may rely upon any statement made to it orally or by telephone and believed by it to have been
made by the proper Person, and shall not incur any liability for relying thereon. In determining
compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of
Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the
Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C
Issuer unless the Administrative Agent shall have received notice to the contrary from such Lender
or the L/C Issuer prior to the making of such Loan or the issuance of such Letter of Credit. The
Administrative Agent may consult with legal counsel (who may be counsel for the Company),
independent accountants and other experts selected by it, and shall not be liable for any action
taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

     9.05 Delegation of Duties. The Administrative Agent may perform any and all of its
duties and exercise its rights and powers hereunder or under any other Loan Document by or through
any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any
such sub-agent may perform any and all of its duties and exercise its rights and powers by or
through their respective Related Parties. The exculpatory provisions of this Article shall apply
to any such sub-agent and to the Related Parties of the Administrative Agent and any such
sub-agent, and shall apply to their respective activities in connection with the syndication of the
credit facilities provided for herein as well as activities as Administrative Agent.

     9.06 Resignation of Administrative Agent. The Administrative Agent may at any time
give notice of its resignation to the Lenders, the L/C Issuer and the Company. Upon receipt of any
such notice of resignation, the Required Lenders shall have the right, in consultation with the
Company, to appoint a successor, which shall be a bank with an office in the United States, or an
Affiliate of any such bank with an office in the United States. If no such successor shall have
been so appointed by the Required Lenders and shall have accepted such appointment within 30 days
after the retiring Administrative Agent gives notice of its resignation, then the retiring
Administrative Agent may on behalf of the Lenders and the L/C Issuer, appoint a successor
Administrative Agent meeting the qualifications set forth above; provided that if the
Administrative Agent shall notify the Company and the Lenders that no qualifying Person has
accepted such appointment, then such resignation shall nonetheless become effective in accordance
with such notice and (a) the retiring Administrative Agent shall be discharged from its duties and
obligations hereunder and under the other Loan Documents (except that in the case of any collateral
security held by the Administrative Agent on behalf of the Lenders or the L/C Issuer under any of
the Loan Documents, the retiring Administrative Agent shall continue to hold such collateral
security until such time as a successor Administrative Agent is appointed) and (b) all payments,
communications and determinations provided to be made by, to or through the Administrative Agent
shall instead be made by or to each Lender and the L/C Issuer directly,

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until such time as the Required Lenders appoint a successor Administrative Agent as provided
for above in this Section. Upon the acceptance of a successor’s appointment as Administrative
Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers,
privileges and duties of the retiring (or retired) Administrative Agent, and the retiring
Administrative Agent shall be discharged from all of its duties and obligations hereunder or under
the other Loan Documents (if not already discharged therefrom as provided above in this Section).
The fees payable by the Company to a successor Administrative Agent shall be the same as those
payable to its predecessor unless otherwise agreed between the Company and such successor. After
the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the
provisions of this Article and Section 10.04 shall continue in effect for the benefit of
such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect
of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent
was acting as Administrative Agent.

     9.07 Non-Reliance on Administrative Agent and Other Lenders. Each Lender and the L/C
Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent
or any other Lender or any of their Related Parties and based on such documents and information as
it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement.
Each Lender and the L/C Issuer also acknowledges that it will, independently and without reliance
upon the Administrative Agent or any other Lender or any of their Related Parties and based on such
documents and information as it shall from time to time deem appropriate, continue to make its own
decisions in taking or not taking action under or based upon this Agreement, any other Loan
Document or any related agreement or any document furnished hereunder or thereunder.

     9.08 No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of
the Bookrunners, Arrangers or Documentation Agents listed on the cover page hereof shall have any
powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except
in its capacity, as applicable, as the Administrative Agent, a Lender or the L/C Issuer hereunder.

     9.09 Administrative Agent May File Proofs of Claim. In case of the pendency of any
proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party,
the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall
then be due and payable as herein expressed or by declaration or otherwise and irrespective of
whether the Administrative Agent shall have made any demand on any Borrower) shall be entitled and
empowered, by intervention in such proceeding or otherwise

     (a) to file and prove a claim for the whole amount of the principal and interest owing
and unpaid in respect of the Loans, L/C Obligations and all other Obligations that are owing
and unpaid and to file such other documents as may be necessary or advisable in order to
have the claims of the Lenders, the L/C Issuer and the Administrative Agent (including any
claim for the reasonable compensation, expenses, disbursements and advances of the Lenders,
the L/C Issuer and the Administrative Agent and their respective agents and counsel and all
other amounts due the Lenders, the L/C Issuer and the Administrative Agent under
Sections 2.03(i) and (j), 2.09 and 10.04) allowed in such
judicial proceeding; and

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     (b) to collect and receive any monies or other property payable or deliverable on any
such claims and to distribute the same;

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official
in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such
payments to the Administrative Agent and, if the Administrative Agent shall consent to the making
of such payments directly to the Lenders and the L/C Issuer, to pay to the Administrative Agent any
amount due for the reasonable compensation, expenses, disbursements and advances of the
Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent
under Sections 2.09 and 10.04.

Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or
consent to or accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization,
arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or the
L/C Issuer to authorize the Administrative Agent to vote in respect of the claim of any Lender or
the L/C Issuer or in any such proceeding.

     9.10 Collateral and Guaranty Matters. The Lenders and the L/C Issuer irrevocably
authorize the Administrative Agent, at its option and in its discretion,

     (a) to release any Lien on any property granted to or held by the Administrative Agent
under any Loan Document (i) upon termination of the Aggregate Commitments and payment in
full of all Obligations (other than contingent indemnification obligations) and the
expiration or termination of all Letters of Credit, (ii) that is sold or to be sold as part
of or in connection with any sale permitted hereunder or under any other Loan Document, or
(iii) if approved, authorized or ratified in writing in accordance with Section
10.01;

     (b) to release any Subsidiary Guarantor from its obligations under any Guaranty if such
Person ceases to be a Subsidiary as a result of a transaction permitted hereunder; and

     (c) to subordinate any Lien on any property granted to or held by the Administrative
Agent under any Loan Document to the holder of any Lien on such property that is permitted
by Section 7.01(i).

     Upon request by the Administrative Agent at any time, the Required Lenders will confirm in
writing the Administrative Agent’s authority to release or subordinate its interest in particular
types or items of property, or to release any Subsidiary Guarantor from its obligations under any
Guaranty pursuant to this Section 9.10. In each case as specified in this Section
9.10, the Administrative Agent will, at the Company’s expense, execute and deliver to the
applicable Loan Party such documents as such Loan Party may reasonably request to evidence the
release of such item of Collateral from the assignment and security interest granted under the
Collateral Documents or to subordinate its interest in such item, or to release such Guarantor from
its obligations under its Guaranty, in each case in accordance with the terms of the Loan Documents
and this Section 9.10.

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ARTICLE X

MISCELLANEOUS

     10.01 Amendments, Etc. No amendment or waiver of any provision of this Agreement or
any other Loan Document, and no consent to any departure by the Company or any other Loan Party
therefrom, shall be effective unless in writing signed by the Required Lenders and the Company or
the applicable Loan Party, as the case may be, and acknowledged by the Administrative Agent, and
each such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given; provided that no such amendment, waiver or consent shall:

     (a) waive any condition set forth in Section 4.01 (other than Section
4.01(b)(i)), or, in the case of the initial Credit Extension, Section 4.02,
without the written consent of each Lender;

     (b) without limiting the generality of clause (a) above, waive any condition
set forth in Section 4.02 as to any Credit Extension under the Revolving Credit
Facility without the written consent of the Required Revolving Lenders;

     (c) extend or increase the Commitment of any Lender (or reinstate any Commitment
terminated pursuant to Section 8.02) without the written consent of such Lender;

     (d) postpone any date fixed by this Agreement or any other Loan Document for any
payment (excluding mandatory prepayments) of principal, interest, fees or other amounts due
to the Lenders (or any of them) hereunder or under such other Loan Document without the
written consent of each Lender entitled to such payment;

     (e) reduce the principal of, or the rate of interest specified herein on, any Loan or
L/C Borrowing, or (subject to clause (v) of the second proviso to this Section
10.01) any fees or other amounts payable hereunder or under any other Loan Document, or
change the manner of computation of any financial ratio (including any change in any
applicable defined term) used in determining the Applicable Rate that would result in a
reduction of any interest rate on any Loan or any fee payable hereunder, without the written
consent of each Lender entitled to such amount; provided that only the consent of
the Required Lenders shall be necessary to amend the definition of “Default Rate” or to
waive any obligation of any Borrower to pay interest or Letter of Credit Fees at the Default
Rate;

     (f) change Section 2.13 or Section 8.03 in a manner that would alter
the pro rata sharing of payments required thereby without the written consent of each
Lender;

     (g) change (i) any provision of this Section 10.01 or the definition of
“Required Lenders” or any other provision hereof specifying the number or percentage of
Lenders required to amend, waive or otherwise modify any rights hereunder or make any
determination or grant any consent hereunder (other than the definitions specified in
clause (ii) of this Section 10.01(g)), without the written consent of each
Lender or (ii) the

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definition of “Required Revolving Lenders” or “Required Term Lenders” without the
written consent of each Lender under the applicable Facility;

     (h) release all or substantially all of the Collateral in any transaction or series of
related transactions, without the written consent of each Lender;

     (i) release the Company from the Company Guaranty or any Subsidiary Guarantor from its
Guaranty, without the written consent of each Lender; or

     (j) impose any greater restriction on the ability of any Lender under a Facility to
assign any of its rights or obligations hereunder without the written consent of (i) if such
Facility is the Term Loan Facility, the Required Term Lenders and (ii) if such Facility is
the Revolving Credit Facility, the Required Revolving Lenders;

and provided, further, that (i) no amendment, waiver or consent shall, unless in
writing and signed by the L/C Issuer in addition to the Lenders required above, affect the rights
or duties of the L/C Issuer under this Agreement or any Issuer Document relating to any Letter of
Credit issued or to be issued by it; (ii) no amendment, waiver or consent shall, unless in writing
and signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or
duties of the Swing Line Lender under this Agreement; (iii) no amendment, waiver or consent shall,
unless in writing and signed by the Administrative Agent in addition to the Lenders required above,
affect the rights or duties of the Administrative Agent under this Agreement or any other Loan
Document; (iv) Section 10.06(h) may not be amended, waived or otherwise modified without
the consent of each Granting Lender all or any part of whose Loans are being funded by an SPC at
the time of such amendment, waiver or other modification; and (v) the Fee Letter may be amended, or
rights or privileges thereunder waived, in a writing executed only by the parties thereto.
Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to
approve or disapprove any amendment, waiver or consent hereunder, except that the Commitment of
such Lender may not be increased or extended without the consent of such Lender.

     10.02 Notices; Effectiveness; Electronic Communications. (a) Notices
Generally. Except in the case of notices and other communications expressly permitted to be
given by telephone (and except as provided in clause (b) below), all notices and other
communications provided for herein shall be in writing and shall be delivered by hand or overnight
courier service, mailed by certified or registered mail or sent by telecopier as follows, and all
notices and other communications expressly permitted hereunder to be given by telephone shall be
made to the applicable telephone number, as follows:

     (i) if to a Borrower, the Administrative Agent, the L/C Issuer or the Swing
Line Lender, to the address, telecopier number, electronic mail address or telephone
number specified for such Person on Schedule 10.02; and

     (ii) if to any other Lender, to the address, telecopier number, electronic mail
address or telephone number specified in its Administrative Questionnaire.

Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall
be deemed to have been given when received; notices sent by telecopier shall be deemed to have

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been given when sent (except that, if not given during normal business hours for the recipient,
shall be deemed to have been given at the opening of business on the next business day for the
recipient). Notices delivered through electronic communications to the extent provided in
clause (b) below, shall be effective as provided in such clause (b).

     (b) Electronic Communications. Notices and other communications to the Lenders
and the L/C Issuer hereunder may be delivered or furnished by electronic communication
(including e-mail and Internet or intranet websites) pursuant to procedures approved by the
Administrative Agent, provided that the foregoing shall not apply to notices to any
Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as
applicable, has notified the Administrative Agent that it is incapable of receiving notices
under such Article by electronic communication. The Administrative Agent or the Company
may, in its discretion, agree to accept notices and other communications to it hereunder by
electronic communications pursuant to procedures approved by it, provided that
approval of such procedures may be limited to particular notices or communications.

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

     (c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE
AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER
MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR
OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR
STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE,
NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS
MADE BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no
event shall the Administrative Agent or any of its Related Parties (collectively, the
“Agent Parties”) have any liability to any Borrower, any Lender, the L/C Issuer or
any other Person for losses, claims, damages, liabilities or expenses of any kind (whether
in tort, contract or otherwise) arising out of any Borrower’s or the Administrative Agent’s
transmission of Borrower Materials through the Internet, except to the extent that such
losses, claims, damages, liabilities or expenses are determined by a court of competent
jurisdiction by a final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of such Agent Party; provided that in no event
shall any Agent Party have any liability to

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any Borrower, any Lender, the L/C Issuer or any other Person for indirect, special,
incidental, consequential or punitive damages (as opposed to direct or actual damages).

     (d) Change of Address, Etc. Each of the Borrowers, the Administrative Agent,
the L/C Issuer and the Swing Line Lender may change its address, telecopier or telephone
number for notices and other communications hereunder by notice to the other parties hereto.
Each other Lender may change its address, telecopier or telephone number for notices and
other communications hereunder by notice to the Company, the Administrative Agent, the L/C
Issuer and the Swing Line Lender. In addition, each Lender agrees to notify the
Administrative Agent from time to time to ensure that the Administrative Agent has on record
(i) an effective address, contact name, telephone number, telecopier number and electronic
mail address to which notices and other communications may be sent and (ii) accurate wire
instructions for such Lender.

     (e) Reliance by Administrative Agent, L/C Issuer and Lenders. The
Administrative Agent, the L/C Issuer and the Lenders shall be entitled to rely and act upon
any notices (including telephonic Committed Loan Notices and Swing Line Loan Notices)
purportedly given by or on behalf of any Borrower even if (i) such notices were not made in
a manner specified herein, were incomplete or were not preceded or followed by any other
form of notice specified herein, or (ii) the terms thereof, as understood by the recipient,
varied from any confirmation thereof. The Company shall indemnify the Administrative Agent,
the L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs,
expenses and liabilities resulting from the reliance by such Person on each notice
purportedly given by or on behalf of any Borrower. All telephonic notices to and other
telephonic communications with the Administrative Agent may be recorded by the
Administrative Agent, and each of the parties hereto hereby consents to such recording.

     10.03 No Waiver; Cumulative Remedies. No failure by any Lender, the L/C Issuer or the
Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy,
power or privilege hereunder or under any other Loan Document shall operate as a waiver thereof;
nor shall any single or partial exercise of any right, remedy, power or privilege hereunder
preclude any other or further exercise thereof or the exercise of any other right, remedy, power or
privilege. The rights, remedies, powers and privileges herein provided, and provided under each
other Loan Document, are cumulative and not exclusive of any rights, remedies, powers and
privileges provided by law.

     10.04 Expenses; Indemnity; Damage Waiver. (a) Costs and Expenses. The
Company shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent
and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the
Administrative Agent), in connection with the syndication of the credit facilities provided for
herein, the preparation, negotiation, execution, delivery and administration of this Agreement and
the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or
thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii)
all reasonable out-of-pocket expenses incurred by the L/C Issuer in connection with the issuance,
amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and
(iii) all out-of-pocket expenses incurred by the

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Administrative Agent, any Lender or the L/C Issuer (including the fees, charges and
disbursements of any counsel for the Administrative Agent, any Lender or the L/C Issuer), and shall
pay all fees and time charges for attorneys who may be employees of the Administrative Agent, any
Lender or the L/C Issuer, in connection with the enforcement or protection of its rights (A) in
connection with this Agreement and the other Loan Documents, including its rights under this
Section, or (B) in connection with Loans made or Letters of Credit issued hereunder, including all
such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect
of such Loans or Letters of Credit.

     (b) Indemnification by the Company. The Company shall indemnify the
Administrative Agent (and any sub-agent thereof), each Lender and the L/C Issuer, and each
Related Party of any of the foregoing Persons (each such Person being called an
“Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses,
claims, direct damages (which may include payments by an Indemnitee of special, indirect,
consequential or punitive damages to third parties), liabilities and related expenses
(including the fees, charges and disbursements of any counsel for any Indemnitee), and shall
indemnify and hold harmless each Indemnitee from all fees and time charges and disbursements
for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted
against any Indemnitee by any third party or by any Borrower or any other Loan Party arising
out of, in connection with, or as a result of (i) the execution or delivery of this
Agreement, any other Loan Document or any agreement or instrument contemplated hereby or
thereby, the performance by the parties hereto of their respective obligations hereunder or
thereunder or the consummation of the transactions contemplated hereby or thereby, or, in
the case of the Administrative Agent (and any sub-agent thereof) and its Related Parties
only, the administration of this Agreement and the other Loan Documents, (ii) any Loan or
Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal
by the L/C Issuer to honor a demand for payment under a Letter of Credit if the documents
presented in connection with such demand do not strictly comply with the terms of such
Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials on
or from any property owned or operated by any Borrower or any of its Subsidiaries, or any
Environmental Liability related in any way to any Borrower or any of its Subsidiaries, or
(iv) any actual or prospective claim, litigation, investigation or proceeding relating to
any of the foregoing, whether based on contract, tort or any other theory, whether brought
by a third party or by the Company or any other Loan Party or any of the Company’s or such
Loan Party’s directors, shareholders or creditors, and regardless of whether any Indemnitee
is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be
available to the extent that such losses, claims, damages, liabilities or related expenses
are determined by a court of competent jurisdiction by final and nonappealable judgment to
have resulted from the gross negligence, fraud or willful misconduct of such Indemnitee. No
Loan Party shall have any indemnification obligation under this section or otherwise to any
Indemnitee (other than the Administrative Agent (and any sub-agent thereof) and the
Arranger) to the extent of any losses, claims, damages, liabilities and related expenses
asserted by an Indemnitee against another Indemnitee under this Agreement.

     (c) Reimbursement by Lenders. To the extent that the Company for any reason
fails to indefeasibly pay any amount required under clause (a) or (b) of
this

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Section to be paid by it to the Administrative Agent (or any sub-agent thereof), the
L/C Issuer or any Related Party of any of the foregoing, each Lender severally agrees to pay
to the Administrative Agent (or any such sub-agent), the L/C Issuer or such Related Party,
as the case may be, such Lender’s Applicable Percentage (determined as of the time that the
applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount,
provided that the unreimbursed expense or indemnified loss, claim, damage, liability
or related expense, as the case may be, was incurred by or asserted against the
Administrative Agent (or any such sub-agent) or the L/C Issuer in its capacity as such, or
against any Related Party of any of the foregoing acting for the Administrative Agent (or
any such sub-agent) or L/C Issuer in connection with such capacity. The obligations of the
Lenders under this clause (c) are subject to the provisions of Section
2.12(d).

     (d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by
applicable law (except as provided in clause (b) above), no Borrower and no
Indemnitee shall assert, and each hereby waives, any claim against the other or any
Indemnitee, on any theory of liability, for special, indirect, consequential or punitive
damages (as opposed to direct or actual damages) arising out of, in connection with, or as a
result of, this Agreement, any other Loan Document or any agreement or instrument
contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of
Credit or the use of the proceeds thereof. No Indemnitee referred to in clause (b)
above shall be liable for any damages arising from the use by unintended recipients of any
information or other materials distributed to such unintended recipients by such Indemnitee
through telecommunications, electronic or other information transmission systems in
connection with this Agreement or the other Loan Documents or the transactions contemplated
hereby or thereby other than for direct or actual damages resulting from the gross
negligence or willful misconduct of such Indemnitee as determined by a final and
nonappealable judgment of a court of competent jurisdiction.

     (e) Payments. All amounts due under this Section shall be payable not later
than ten Business Days after demand therefor.

     (f) Survival. The agreements in this Section shall survive the resignation of
the Administrative Agent, the L/C Issuer and the Swing Line Lender, the replacement of any
Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or
discharge of all the other Obligations.

     10.05 Payments Set Aside. To the extent that any payment by or on behalf of any
Borrower is made to the Administrative Agent, the L/C Issuer or any Lender, or the Administrative
Agent, the L/C Issuer or any Lender exercises its right of setoff, and such payment or the proceeds
of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or
preferential, set aside or required (including pursuant to any settlement entered into by the
Administrative Agent, the L/C Issuer or such Lender in its discretion) to be repaid to a trustee,
receiver or any other party, in connection with any proceeding under any Debtor Relief Law or
otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally
intended to be satisfied shall be revived and continued in full force and effect as if such payment
had not been made or such setoff had not occurred, and (b) each Lender and

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the L/C Issuer severally agrees to pay to the Administrative Agent upon demand its applicable
share (without duplication) of any amount so recovered from or repaid by the Administrative Agent,
plus interest thereon from the date of such demand to the date such payment is made at a rate per
annum equal to the Applicable Overnight Rate from time to time in effect, in the applicable
currency of such recovery or payment. The obligations of the Lenders and the L/C Issuer under
clause (b) of the preceding sentence shall survive the payment in full of the Obligations
and the termination of this Agreement.

     10.06 Successors and Assigns. (a) Successors and Assigns Generally. The
provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns permitted hereby, except that no Borrower may assign or
otherwise transfer any of its rights or obligations hereunder without the prior written consent of
the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its
rights or obligations hereunder except (i) to an assignee in accordance with the provisions of
Section 10.06(b), (ii) by way of participation in accordance with the provisions of
Section 10.06(d), or (iii) by way of pledge or assignment of a security interest subject to
the restrictions of Section 10.06(f), or (iv) to an SPC in accordance with the provisions
of Section 10.06(h) (and any other attempted assignment or transfer by any party hereto
shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to
confer upon any Person (other than the parties hereto, their respective successors and assigns
permitted hereby, Participants to the extent provided in clause (d) of this Section and, to
the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent,
the L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of
this Agreement.

     (b) Assignments by Lenders. Any Lender may at any time assign to one or more
assignees all or a portion of its rights and obligations under this Agreement (including all
or a portion of its Commitment(s) and the Loans (including for purposes of Section
10.06(b), participations in L/C Obligations and in Swing Line Loans) at the time owing
to it); provided that any such assignment shall be subject to the following
conditions:

     (i) Minimum Amounts.

     (A) in the case of an assignment of the entire remaining amount of the
assigning Lender’s Commitment under any Facility and the Loans at the time
owing to it under such Facility or in the case of an assignment to a Lender,
an Affiliate of a Lender or an Approved Fund, no minimum amount need be
assigned; and

     (B) in any case not described in clause (b)(i)(A) of this
Section, the aggregate amount of the Commitment (which for this purpose
includes Loans outstanding thereunder) or, if the Commitment is not then in
effect, the principal outstanding balance of the Loans of the assigning
Lender subject to each such assignment, determined as of the date the
Assignment and Assumption with respect to such assignment is delivered to
the Administrative Agent or, if “Trade Date” is specified in the Assignment

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and Assumption, as of the Trade Date, shall not be less than
$5,000,000, in the case of any assignment in respect of the Revolving Credit
Facility, or $1,000,000, in the case of any assignment in respect of the
Term Loan Facility, unless each of the Administrative Agent and, so long as
no Event of Default has occurred and is continuing, the Company otherwise
consents (each such consent not to be unreasonably withheld or delayed);
provided that concurrent assignments to members of an Assignee Group
and concurrent assignments from members of an Assignee Group to a single
Eligible Assignee (or to an Eligible Assignee and members of its Assignee
Group) will be treated as a single assignment for purposes of determining
whether such minimum amount has been met.

     (ii) Proportionate Amounts. Each partial assignment shall be made as
an assignment of a proportionate part of all the assigning Lender’s rights and
obligations under this Agreement with respect to the Loans or the Commitment
assigned, except that this clause (ii) shall not (A) apply to the Swing Line
Lender’s rights and obligations in respect of Swing Line Loans or (B) prohibit any
Lender from assigning all or a portion of its rights and obligation among separate
Facilities on a non-pro rata basis;

     (iii) Required Consents. No consent shall be required for any
assignment except to the extent required by clause (b)(i)(B) of this Section
and, in addition:

     (A) the consent of the Company (such consent not to be unreasonably
withheld or delayed) shall be required unless (1) an Event of Default has
occurred and is continuing at the time of such assignment or (2) such
assignment is to a Lender, an Affiliate of a Lender or an Approved Fund;

     (B) the consent of the Administrative Agent (such consent not to be
unreasonably withheld or delayed) shall be required for assignments in
respect of (i) any Term Loan Commitment or Revolving Credit Commitment if
such assignment is to a Person that is not a Lender with a Commitment in
respect of the applicable Facility, an Affiliate of such Lender or an
Approved Fund with respect to such Lender or (ii) any Term Loan to a Person
that is not a Lender, an Affiliate of a Lender or an Approved Fund; and

     (C) the consent of the L/C Issuer (such consent not to be unreasonably
withheld or delayed) shall be required for any assignment that increases the
obligation of the assignee to participate in exposure under one or more
Letters of Credit (whether or not then outstanding); and

     (D) the consent of the Swing Line Lender (such consent not to be
unreasonably withheld or delayed) shall be required for any assignment in
respect of the Revolving Credit Facility.

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     (iv) Assignment and Assumption. The parties to each assignment shall
execute and deliver to the Administrative Agent an Assignment and Assumption,
together with a processing and recordation fee in the amount, if any, required as
set forth in Schedule 10.06; provided that the Administrative Agent
may, in its sole discretion, elect to waive such processing and recordation fee in
the case of any assignment. The assignee, if it is not a Lender, shall deliver to
the Administrative Agent an Administrative Questionnaire.

     (v) No Assignment to Company. No such assignment shall be made to the
Company or any of the Company’s Affiliates or Subsidiaries.

     (vi) No Assignment to Natural Persons. No such assignment shall be
made to a natural person.

Subject to acceptance and recording thereof by the Administrative Agent pursuant to
clause (c) of this Section, from and after the effective date specified in each
Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and,
to the extent of the interest assigned by such Assignment and Assumption, have the rights
and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall,
to the extent of the interest assigned by such Assignment and Assumption, be released from
its obligations under this Agreement (and, in the case of an Assignment and Assumption
covering all of the assigning Lender’s rights and obligations under this Agreement, such
Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits
of Sections 3.01, 3.04, 3.05 and 10.04 with respect to facts
and circumstances occurring prior to the effective date of such assignment. Upon request,
each Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any
assignment or transfer by a Lender of rights or obligations under this Agreement that does
not comply with this clause shall be treated for purposes of this Agreement as a sale by
such Lender of a participation in such rights and obligations in accordance with Section
10.06(d).

     (c) Register. The Administrative Agent, acting solely for this purpose as an
agent of the Borrowers, shall maintain at the Administrative Agent’s Office a copy of each
Assignment and Assumption delivered to it and a register for the recordation of the names
and addresses of the Lenders, and the Commitments of, and principal amounts of the Loans and
L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the
“Register”). The entries in the Register shall be conclusive, and the Borrowers,
the Administrative Agent and the Lenders may treat each Person whose name is recorded in the
Register pursuant to the terms hereof as a Lender hereunder for all purposes of this
Agreement, notwithstanding notice to the contrary. The Register shall be available for
inspection by the Borrowers and any Lender, at any reasonable time and from time to time
upon reasonable prior notice.

     (d) Participations. Any Lender may at any time, without the consent of, or
notice to, any Borrower or the Administrative Agent, sell participations to any Person
(other than a natural person or the Company or any of the Company’s Affiliates or
Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights
and/or

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obligations under this Agreement (including all or a portion of its Commitment and/or
the Loans (including such Lender’s participations in L/C Obligations and/or Swing Line
Loans) owing to it); provided that (i) such Lender’s obligations under this
Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the
other parties hereto for the performance of such obligations and (iii) the Borrowers, the
Administrative Agent, the Lenders and the L/C Issuer shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this
Agreement.

     Any agreement or instrument pursuant to which a Lender sells such a participation shall
provide that such Lender shall retain the sole right to enforce this Agreement and to
approve any amendment, modification or waiver of any provision of this Agreement;
provided that such agreement or instrument may provide that such Lender will not,
without the consent of the Participant, agree to any amendment, waiver or other modification
described in the first proviso to Section 10.01 that affects such Participant.
Subject to clause (e) of this Section, each Borrower agrees that each Participant
shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to
the same extent as if it were a Lender and had acquired its interest by assignment pursuant
to Section 10.06(b). To the extent permitted by law, each Participant also shall be
entitled to the benefits of Section 10.08 as though it were a Lender,
provided such Participant agrees to be subject to Section 2.13 as though it
were a Lender.

     (e) Limitations upon Participant Rights. A Participant shall not be entitled
to receive any greater payment under Section 3.01 or 3.04 than the
applicable Lender would have been entitled to receive with respect to the participation sold
to such Participant, unless the sale of the participation to such Participant is made with
the Company’s prior written consent. A Participant that would be a Foreign Lender if it
were a Lender shall not be entitled to the benefits of Section 3.01 unless the
Company is notified of the participation sold to such Participant and such Participant
agrees, for the benefit of the Borrowers, to comply with Section 3.01(e) as though
it were a Lender.

     (f) Certain Pledges. Any Lender may at any time pledge or assign a security
interest in all or any portion of its rights under this Agreement (including under its Note,
if any) to secure obligations of such Lender, including any pledge or assignment to secure
obligations to a Federal Reserve Bank; provided that no such pledge or assignment
shall release such Lender from any of its obligations hereunder or substitute any such
pledgee or assignee for such Lender as a party hereto.

     (g) Electronic Execution of Assignments. The words “execution,” “signed,”
“signature,” and words of like import in any Assignment and Assumption shall be deemed to
include electronic signatures or the keeping of records in electronic form, each of which
shall be of the same legal effect, validity or enforceability as a manually executed
signature or the use of a paper-based recordkeeping system, as the case may be, to the
extent and as provided for in any applicable law, including the Federal Electronic
Signatures in Global and National Commerce Act, the New York State Electronic Signatures and
Records Act, or any other similar state laws based on the Uniform Electronic Transactions
Act.

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     (h) Special Purpose Funding Vehicles. Notwithstanding anything to the contrary
contained herein, any Lender (a “Granting Lender”) may grant to a special purpose
funding vehicle identified as such in writing from time to time by the Granting Lender to
the Administrative Agent and the Company (an “SPC”) the option to provide all or any
part of any Loan that such Granting Lender would otherwise be obligated to make pursuant to
this Agreement; provided that (i) nothing herein shall constitute a commitment by
any SPC to fund any Loan, and (ii) if an SPC elects not to exercise such option or otherwise
fails to make all or any part of such Loan, the Granting Lender shall be obligated to make
such Loan pursuant to the terms hereof or, if it fails to do so, to make such payment to the
Administrative Agent as is required under Section 2.12(b)(ii). Each party hereto
hereby agrees that (i) neither the grant to any SPC nor the exercise by any SPC of such
option shall increase the costs or expenses or otherwise increase or change the obligations
of the Borrowers under this Agreement (including its obligations under Section
3.04), (ii) no SPC shall be liable for any indemnity or similar payment obligation under
this Agreement for which a Lender would be liable, and (iii) the Granting Lender shall for
all purposes, including the approval of any amendment, waiver or other modification of any
provision of any Loan Document, remain the lender of record hereunder. The making of a Loan
by an SPC hereunder shall utilize the Commitment of the Granting Lender to the same extent,
and as if, such Loan were made by such Granting Lender. In furtherance of the foregoing,
each party hereto hereby 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 debt of any SPC, it will not institute
against, or join any other Person in instituting against, such SPC any bankruptcy,
reorganization, arrangement, insolvency, or liquidation proceeding under the laws of the
United States or any State thereof. Notwithstanding anything to the contrary contained
herein, any SPC may (i) with notice to, but without prior consent of the Company and the
Administrative Agent and with the payment of a processing fee in the amount of $2,500,
assign all or any portion of its right to receive payment with respect to any Loan to the
Granting Lender and (ii) disclose on a confidential basis any non-public information
relating to its funding of Loans to any rating agency, commercial paper dealer or provider
of any surety or Guarantee or credit or liquidity enhancement to such SPC.

     (i) Resignation as L/C Issuer or Swing Line Lender after Assignment.
Notwithstanding anything to the contrary contained herein, if at any time Bank of America
assigns all of its Revolving Credit Commitments and Revolving Credit Loans pursuant to
Section 10.06(b), Bank of America may, (i) upon 30 days’ notice to the Company and
the Lenders, resign as L/C Issuer and/or (ii) upon 30 days’ notice to the Company, resign as
Swing Line Lender. In the event of any such resignation as L/C Issuer or Swing Line Lender,
the Company shall be entitled to appoint from among the Lenders a successor L/C Issuer or
Swing Line Lender hereunder; provided that no failure by the Company to appoint any
such successor shall affect the resignation of Bank of America as L/C Issuer or Swing Line
Lender, as the case may be. If Bank of America resigns as L/C Issuer, it shall retain all
the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all
Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and
all L/C Obligations with respect thereto (including the right to require the Lenders to make
Base Rate Loans or fund risk participations in

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Unreimbursed Amounts pursuant to Section 2.03(c)). If Bank of America resigns
as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for
hereunder with respect to Swing Line Loans made by it and outstanding as of the effective
date of such resignation, including the right to require the Lenders to make Base Rate Loans
or fund risk participations in outstanding Swing Line Loans pursuant to Section
2.04(c). Upon the appointment of a successor L/C Issuer and/or Swing Line Lender, (a)
such successor shall succeed to and become vested with all of the rights, powers, privileges
and duties of the retiring L/C Issuer or Swing Line Lender, as the case may be, and (b) the
successor L/C Issuer shall issue letters of credit in substitution for the Letters of
Credit, if any, outstanding at the time of such succession or make other arrangements
satisfactory to Bank of America to effectively assume the obligations of Bank of America
with respect to such Letters of Credit.

     10.07 Treatment of Certain Information; Confidentiality. Each of the Administrative
Agent, the Lenders and the L/C Issuer agrees to maintain the confidentiality of the Information (as
defined below), except that Information may be disclosed (a) to its Affiliates and to its and its
Affiliates’ respective partners, directors, officers, employees, agents, advisors and
representatives (it being understood that the Persons to whom such disclosure is made will be
informed of the confidential nature of such Information and instructed to keep such Information
confidential), (b) to the extent requested by any regulatory authority purporting to have
jurisdiction over it (including any self-regulatory authority, such as the National Association of
Insurance Commissioners), (c) to the extent required by applicable laws or regulations or by any
subpoena or similar legal process, (d) to any other party hereto, (e) in connection with the
exercise of any remedies hereunder or under any other Loan Document or any action or proceeding
relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or
thereunder, (f) subject to an agreement containing provisions substantially the same as those of
this Section, to (i) any assignee of or Participant in, or any prospective assignee of or
Participant in, any of its rights or obligations under this Agreement or (ii) any actual or
prospective counterparty (or its advisors) to any swap or derivative transaction relating to a
Borrower and its obligations, (g) with the consent of the Company or (h) to the extent such
Information (x) becomes publicly available other than as a result of a breach of this Section or
(y) becomes available to the Administrative Agent, any Lender, the L/C Issuer or any of their
respective Affiliates on a nonconfidential basis from a source other than the Company.

     For purposes of this Section, “Information” means all information received from the
Company or any Subsidiary thereof relating to the Company or any Subsidiary thereof or any of their
respective businesses, other than any such information that is available to the Administrative
Agent, any Lender or the L/C Issuer on a nonconfidential basis prior to disclosure by the Company
or any Subsidiary thereof, provided that, in the case of information received from the
Company or any such Subsidiary after the date hereof, such information is clearly identified at the
time of delivery as confidential. Any Person required to maintain the confidentiality of
Information as provided in this Section shall be considered to have complied with its obligation to
do so if such Person has exercised the same degree of care to maintain the confidentiality of such
Information as such Person would accord to its own confidential information.

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     Each of the Administrative Agent, the Lenders and the L/C Issuer acknowledges that (a) the
Information may include material non-public information concerning the Company or a Subsidiary, as
the case may be, (b) it has developed compliance procedures regarding the use of material
non-public information and (c) it will handle such material non-public information in accordance
with applicable Law, including Federal and state securities Laws.

     10.08 Right of Setoff. If an Event of Default shall have occurred and be continuing,
each Lender, the L/C Issuer and each of their respective Affiliates is hereby authorized at any
time and from time to time, after obtaining the prior written consent of the Administrative Agent,
to the fullest extent permitted by applicable law, to set off and apply any and all deposits
(general or special, time or demand, provisional or final, in whatever currency) at any time held
and other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or
any such Affiliate to or for the credit or the account of any Borrower against any and all of the
obligations of such Borrower now or hereafter existing under this Agreement or any other Loan
Document to such Lender or the L/C Issuer, irrespective of whether or not such Lender or the L/C
Issuer shall have made any demand under this Agreement or any other Loan Document and although such
obligations of such Borrower may be contingent or unmatured or are owed to a branch or office of
such Lender or the L/C Issuer different from the branch or office holding such deposit or obligated
on such indebtedness. The rights of each Lender, the L/C Issuer and their respective Affiliates
under this Section are in addition to other rights and remedies (including other rights of setoff)
that such Lender, the L/C Issuer or their respective Affiliates may have. Each Lender and the L/C
Issuer agrees to notify the Company and the Administrative Agent promptly after any such setoff and
application, provided that the failure to give such notice shall not affect the validity of
such setoff and application.

     10.09 Interest Rate Limitation. Notwithstanding anything to the contrary contained in
any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed
the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”).
If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the
Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds
such unpaid principal, refunded to the Company. In determining whether the interest contracted
for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such
Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not
principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments
and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts
the total amount of interest throughout the contemplated term of the Obligations hereunder.

     10.10 Counterparts; Integration; Effectiveness. This Agreement may be executed in
counterparts (and by different parties hereto in different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a single contract.
This Agreement and the other Loan Documents constitute the entire contract among the parties
relating to the subject matter hereof and supersede any and all previous agreements and
understandings, oral or written, relating to the subject matter hereof. Except as provided in
Section 4.01, this Agreement shall become effective when it shall have been executed by the
Administrative Agent and when the Administrative Agent shall have received counterparts hereof
that, when taken together, bear the signatures of each of the other parties hereto. Delivery

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of an executed counterpart of a signature page of this Agreement by telecopy shall be
effective as delivery of a manually executed counterpart of this Agreement.

     10.11 Survival of Representations and Warranties. All representations and warranties
made hereunder and in any other Loan Document or other document delivered pursuant hereto or
thereto or in connection herewith or therewith shall survive the execution and delivery hereof and
thereof. Such representations and warranties have been or will be relied upon by the
Administrative Agent and each Lender, regardless of any investigation made by the Administrative
Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any
Lender may have had notice or knowledge of any Default at the time of any Credit Extension, and
shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall
remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding.

     10.12 Severability. If any provision of this Agreement or the other Loan Documents is
held to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the
remaining provisions of this Agreement and the other Loan Documents shall not be affected or
impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the
illegal, invalid or unenforceable provisions with valid provisions the economic effect of which
comes as close as possible to that of the illegal, invalid or unenforceable provisions. The
invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction.

     10.13 Replacement of Lenders. If any Lender requests compensation under Section
3.04, or if any Borrower is required to pay any additional amount to any Lender or any
Governmental Authority for the account of any Lender pursuant to Section 3.01, or if any
Lender is a Defaulting Lender, then the Company may, at its sole expense and effort, upon notice to
such Lender and the Administrative Agent, require such Lender to assign and delegate, without
recourse (in accordance with and subject to the restrictions contained in, and consents required
by, Section 10.06), all of its interests, rights and obligations under this Agreement and
the related Loan Documents to an assignee that shall assume such obligations (which assignee may be
another Lender, if a Lender accepts such assignment); provided that:

     (a) the Company shall have paid (or caused a Designated Subsidiary to pay) to the
Administrative Agent the assignment fee specified in Section 10.06(b);

     (b) such Lender shall have received payment of an amount equal to the outstanding
principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all
other amounts payable to it hereunder and under the other Loan Documents (including any
amounts under Section 3.05) from the assignee (to the extent of such outstanding
principal and accrued interest and fees) or the Company or applicable Designated Subsidiary
(in the case of all other amounts);

     (c) in the case of any such assignment resulting from a claim for compensation under
Section 3.04 or payments required to be made pursuant to Section 3.01, such
assignment will result in a reduction in such compensation or payments thereafter; and

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     (d) such assignment does not conflict with applicable Laws.

     A Lender shall not be required to make any such assignment or delegation if, prior thereto, as
a result of a waiver by such Lender or otherwise, the circumstances entitling the Company to
require such assignment and delegation cease to apply.

     10.14 Governing Law; Jurisdiction; Etc. (a) GOVERNING LAW. THIS AGREEMENT
SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

     (b) SUBMISSION TO JURISDICTION. EACH BORROWER IRREVOCABLY AND UNCONDITIONALLY
SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE
STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE
SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR
RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE
HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL
JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER
JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN
THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE
AGENT, ANY LENDER OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING
RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY BORROWER OR ITS PROPERTIES
IN THE COURTS OF ANY JURISDICTION.

     (c) WAIVER OF VENUE. EACH BORROWER IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER
HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B) OF THIS
SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH
ACTION OR PROCEEDING IN ANY SUCH COURT.

     (d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF
PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 10.02. EACH JAPANESE BORROWER
HEREBY

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IRREVOCABLY APPOINTS THE COMPANY, AS ITS AUTHORIZED AGENT TO RECEIVE ON ITS BEHALF
SERVICE OF ALL PROCESS IN ANY SUCH PROCEEDINGS IN ANY SUCH COURT AND CONSENTS TO THE SERVICE
OF PROCESS OUT OF ANY SUCH COURTS BY MAILING A COPY THEREOF, BY REGISTERED MAIL, POSTAGE
PREPAID, TO SUCH AGENT AT SUCH ADDRESS, AND AGREES THAT SUCH SERVICE, TO THE FULLEST EXTENT
PERMITTED BY LAW: (I) SHALL BE DEEMED IN EVERY RESPECT EFFECTIVE SERVICE OF PROCESS UPON IT
IN ANY SUCH SUIT, ACTION OR PROCEEDING; AND (II) SHALL BE TAKEN AND HELD TO BE VALID
PERSONAL SERVICE UPON AND PERSONAL DELIVERY TO IT. IF ANY AGENT APPOINTED BY ANY PERSON
PARTY HERETO REFUSES TO ACCEPT SERVICE, SUCH PERSON HEREBY AGREES THAT SERVICE UPON IT BY
MAIL SHALL UPON RECEIPT CONSTITUTE SUFFICIENT NOTICE. NOTHING HEREIN CONTAINED SHALL AFFECT
THE RIGHT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR SHALL LIMIT THE RIGHT OF
ANY OTHER PERSON PARTY HERETO TO BRING PROCEEDINGS AGAINST SUCH PARTY IN THE COURTS OF ANY
OTHER JURISDICTION.

     10.15 Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL
PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN
DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY
OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE
EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE
OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS
BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

     10.16 California Judicial Reference. If any action or proceeding is filed in a court
of the State of California by or against any party hereto in connection with any of the
transactions contemplated by this Agreement or any other Loan Document, (a) the court shall, and is
hereby directed to, make a general reference pursuant to California Code of Civil Procedure Section
638 to a referee (who shall be a single active or retired judge) to hear and determine all of the
issues in such action or proceeding (whether of fact or of law) and to report a statement of
decision, provided that at the option of any party to such proceeding, any such issues
pertaining to a “provisional remedy” as defined in California Code of Civil Procedure Section
1281.8 shall be heard and determined by the court, and (b) without limiting the generality of
Section 10.04, the Company shall be solely responsible to pay all fees and expenses of any
referee appointed in such action or proceeding.

     10.17 No Advisory or Fiduciary Responsibility. In connection with all aspects of each
transaction contemplated hereby, each Borrower acknowledges and agrees, and acknowledges its

137

 

Affiliates’ understanding, that: (i) the credit facility provided for hereunder and any
related arranging or other services in connection therewith (including in connection with any
amendment, waiver or other modification hereof or of any other Loan Document) are an arm’s-length
commercial transaction between the Borrowers and their respective Affiliates, on the one hand, and
the Administrative Agent and the Arranger, on the other hand, and the Borrowers are capable of
evaluating and understanding and understand and accept the terms, risks and conditions of the
transactions contemplated hereby and by the other Loan Documents (including any amendment, waiver
or other modification hereof or thereof); (ii) in connection with the process leading to such
transaction, the Administrative Agent and the Arranger each is and has been acting solely as a
principal and is not the financial advisor, agent or fiduciary, for any of the Borrower or any of
Affiliates, stockholders, creditors or employees or any other Person; (iii) neither the
Administrative Agent nor the Arranger has assumed or will assume an advisory, agency or fiduciary
responsibility in favor of any Borrower with respect to any of the transactions contemplated hereby
or the process leading thereto, including with respect to any amendment, waiver or other
modification hereof or of any other Loan Document (irrespective of whether the Administrative Agent
or the Arranger has advised or is currently advising any of the Borrowers or their respective
Affiliates on other matters) and neither the Administrative Agent nor the Arranger has any
obligation to any of the Borrowers or any of their respective Affiliates with respect to the
transactions contemplated hereby except those obligations expressly set forth herein and in the
other Loan Documents; (iv) the Administrative Agent and the Arranger and their respective
Affiliates may be engaged in a broad range of transactions that involve interests that differ from
those of the Borrowers and their respective Affiliates, and neither the Administrative Agent nor
the Arranger has any obligation to disclose any of such interests by virtue of any advisory, agency
or fiduciary relationship; and (v) the Administrative Agent and the Arranger have not provided and
will not provide any legal, accounting, regulatory or tax advice with respect to any of the
transactions contemplated hereby (including any amendment, waiver or other modification hereof or
of any other Loan Document) and each Borrower has consulted its own legal, accounting, regulatory
and tax advisors to the extent it has deemed appropriate. Each Borrower hereby waives and
releases, to the fullest extent permitted by law, any claims that it may have against the
Administrative Agent and the Arranger with respect to any breach or alleged breach of agency or
fiduciary duty.

     10.18 USA PATRIOT Act Notice. Each Lender that is subject to the Act (as hereinafter
defined) and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies
the Borrowers that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56
(signed into law October 26, 2001)) (the “Act”), it is required to obtain, verify and
record information that identifies the Borrowers, which information includes the name and address
of each Borrower and other information that will allow such Lender or the Administrative Agent, as
applicable, to identify such Borrower in accordance with the Act.

     10.19 Time of the Essence. Time is of the essence of the Loan Documents.

     10.20 Judgment Currency. If, for the purposes of obtaining judgment in any court, it
is necessary to convert a sum due hereunder or any other Loan Document in one currency into another
currency, the rate of exchange used shall be that at which in accordance with normal banking
procedures the Administrative Agent could purchase the first currency with such other currency on
the Business Day preceding that on which final judgment is given. The obligation

138

 

of each Borrower in respect of any such sum due from it to the Administrative Agent or the
Lenders hereunder or under the other Loan Documents shall, notwithstanding any judgment in a
currency (the “Judgment Currency”) other than that in which such sum is denominated in
accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be
discharged only to the extent that on the Business Day following receipt by the Administrative
Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may in
accordance with normal banking procedures purchase the Agreement Currency with the Judgment
Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due
to the Administrative Agent from any Borrower in the Agreement Currency, such Borrower agrees, as a
separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or
the Person to whom such obligation was owing against such loss. If the amount of the Agreement
Currency so purchased is greater than the sum originally due to the Administrative Agent in such
currency, the Administrative Agent agrees to return the amount of any excess to such Borrower (or
to any other Person who may be entitled thereto under applicable law).

     10.21 Appointment and Authority of the Company. Each of the other Loan Parties hereby
irrevocably appoints the Company to act on its behalf under this Agreement and under the other Loan
Documents to which it is a party, and authorizes the Company to take such actions on its behalf and
to exercise such powers as are delegated to it by the terms hereof or thereof, together with such
actions and powers as are reasonably incidental thereto.

     10.22 ENTIRE AGREEMENT. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE
FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,
CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL
AGREEMENTS AMONG THE PARTIES.

     10.23 Lenders’ Joint and Several Rights with Respect to Taiwanese Collateral. With
respect to the Taiwanese Collateral, the rights of the Lenders hereunder are joint and several
under Article 283 of the Civil Code of the Republic of China and, accordingly, each Lender shall,
subject to the terms hereof and of the Taiwanese Collateral Documents, be entitled to claim for the
full Obligations amount at any time owing and each Lender shall be entitled to protect and enforce
its rights arising out of this Agreement and the Taiwanese Collateral Documents with respect to
such full amount; provided that each Lender agrees not to claim or enforce such rights
unilaterally but shall appoint the Administrative Agent under pursuant to Section 9.01 to
exercise and enforce the Lenders’ rights arising out of this Agreement and share among themselves
any risks and benefits in respect of the Obligations in accordance with this Agreement or any
Taiwanese Collateral Document in proportion to their respective Applicable Percentage of the
Facilities.

139

 

                          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of
the date first above written.

	 	 	 	 	 
	ASYST TECHNOLOGIES, INC.	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

	 	 	 	 	 
	ASYST JAPAN, INC.	 	 
	 
	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

S-1

 

	 	 	 	 	 
	BANK OF AMERICA, N.A.,

as Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

S-2

 

	 	 	 	 	 
	BANK OF AMERICA, N.A.,

as a Lender, L/C Issuer and Swing Line Lender	 	 
	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

S-3

 

	 	 	 	 	 
	COMERICA BANK,

as a Lender	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

S-4

 

	 	 	 	 	 
	KEYBANK NATIONAL ASSOCIATION	 	 
	as a Lender	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

S-5

 

	 	 	 	 	 
	UNION BANK OF CALIFORNIA, N.A.	 	 
	as a Lender	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

S-6

 

	 	 	 	 	 
	DEVELOPMENT BANK OF JAPAN	 	 
	as a Lender	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:	 	 
	Title:	 	 

S-7

 

EXHIBIT A

FORM OF COMMITTED LOAN NOTICE

Date:                                         ,                     

To: Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that certain Credit Agreement, dated as of June 22, 2006 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among Asyst
Technologies, Inc., a California corporation (the “Company”) and Asyst Japan, Inc., a
Japanese corporation (“AJI” and, together with the Company, the “Borrowers”), the
Designated Borrowers from time to time party thereto, the Lenders from time to time party thereto,
and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.

     The Company hereby requests, on behalf of itself or, if applicable, the other Borrower or the
Designated Borrower referenced in item 6 below (the “Applicable Other Borrower”) (select
one):

	 	 	 	 	 	 	 
	o

	 	A Borrowing of [Revolving Credit]
[Term] Loans
	 	o
	 	A conversion or continuation of
[Revolving Credit] [Term] Loans

	 	1.	 	On
                                                                                (a Business Day).

	 
	 	2.	 	In the amount of $                                                            .
	 
	 	3.	 	Comprised of                                                             .
	 	 	 	                       [Type of Loan requested]
	 
	 	4.	 	In the following currency:                                                             .
	 
	 	5.	 	For Eurodollar Rate Loans: with an Interest Period of months.
	 
	 	6.	 	On behalf of                                                             [insert name of applicable Other/Designated
Borrower].

     [The Revolving Credit Borrowing, if any, requested herein complies with the provisos to the
first sentence of Section 2.01(b) of the Agreement.]1

     The Borrower hereby represents and warrants that the conditions specified in Sections
4.02(a), (b) and (c) shall be satisfied on and as of the date of the applicable
Credit Extension.

 

			
	1	 	Include this sentence in the case of a
Revolving Credit Facility.

A-1
Form of Committed Loan Notice

 

 

	 	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 

A-2
Form of Committed Loan Notice

 

 

EXHIBIT B

FORM OF SWING LINE LOAN NOTICE

Date:                                         ,                     

			
	To:	 	Bank of America, N.A., as Swing Line Lender
	 	 	Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that certain Credit Agreement, dated as of June 22, 2006 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among Asyst
Technologies, Inc., a California corporation (the “Company”) and Asyst Japan, Inc., a
Japanese corporation, the Designated Borrowers from time to time party thereto, the Lenders from
time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and
Swing Line Lender.

     The Company hereby requests a Swing Line Loan:

	 	1.	 	On                                                                                  (a Business Day).
	 
	 	2.	 	In the amount of $                                          .

     The Swing Line Borrowing requested herein complies with the requirements of the provisos to
the first sentence of Section 2.04(b) of the Agreement.

     The Company hereby represents and warrants that the conditions specified in Sections
4.02(a), (b) and (c) shall be satisfied on and as of the date of the Applicable
Credit Extension.

	 	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 

B-1
Form of Swing Line Loan Notice

 

 

EXHIBIT C-1

FORM OF TERM NOTE

                                        ,                     

     FOR VALUE RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to
                                         or registered assigns (the “Lender”), in accordance with the
provisions of the Agreement (as hereinafter defined), the principal amount of the Term Loan from
time to time made by the Lender to the Borrower under that certain Credit Agreement, dated as of
June 22, 2006 (as amended, restated, extended, supplemented or otherwise modified in writing from
time to time, the “Agreement;” the terms defined therein being used herein as therein
defined), among Asyst Technologies, Inc., a California corporation and Asyst Japan, Inc., a
Japanese corporation, the Designated Borrowers from time to time party thereto, the Lenders from
time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and
Swing Line Lender.

     The Borrower promises to pay interest on the unpaid principal amount of the Term Loan made by
the Lender from the date of such Loan until such principal amount is paid in full, at such interest
rates and at such times as provided in the Agreement. All payments of principal and interest shall
be made to the Administrative Agent for the account of the Lender in the currency in which the Term
Loan was denominated and in Same Day Funds at the Administrative Agent’s Office for such currency.
If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be
paid upon demand, from the due date thereof until the date of actual payment (and before as well as
after judgment) computed at the per annum rate set forth in the Agreement.

     This Term Note is one of the Term Notes referred to in the Agreement, is entitled to the
benefits thereof and may be prepaid in whole or in part subject to the terms and conditions
provided therein. This Term Note is also entitled to the benefits of each Guaranty and is secured
by the Collateral. Upon the occurrence and continuation of one or more of the Events of Default
specified in the Agreement, all amounts then remaining unpaid on this Term Note shall become, or
may be declared to be, immediately due and payable all as provided in the Agreement. The Term Loan
made by the Lender shall be evidenced by one or more loan accounts or records maintained by the
Lender in the ordinary course of business. The Lender may also attach schedules to this Term Note
and endorse thereon the date, amount, currency and maturity of its Loans and payments with respect
thereto.

     The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment,
protest and demand and notice of protest, demand, dishonor and non-payment of this Term Note.

C-1-1
Form of Note

 

 

     THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK.

	 	 	 	 	 	 	 
	 	 	ASYST JAPAN, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 

C-1-2
Form of Note

 

 

LOANS AND PAYMENTS WITH RESPECT THERETO

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Currency	 	 	 	Amount of	 	Outstanding	 	 
	 	 	 	 	and	 	End of	 	Principal or	 	Principal	 	 
	 	 	Type of	 	Amount of	 	Interest	 	Interest Paid	 	Balance This	 	Notation
	Date	 	Loan Made	 	Loan Made	 	Period	 	This Date	 	Date	 	Made By
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 

C-1-3

 

EXHIBIT C-2

FORM OF [REVOLVING CREDIT] [SWING LINE] NOTE

                                        

     FOR VALUE RECEIVED, the undersigned (the “Borrower”) hereby promises to pay to
                                        or registered assigns (the “Lender”), in accordance with the
provisions of the Agreement (as hereinafter defined), the principal amount of each [Revolving
Credit] [Swing Line] Loan from time to time made by the Lender to the Borrower under that certain
Credit Agreement, dated as of June 22, 2006 (as amended, restated, extended, supplemented or
otherwise modified in writing from time to time, the “Agreement;” the terms defined therein
being used herein as therein defined), among Asyst Technologies, Inc., a California corporation and
Asyst Japan, Inc., a Japanese corporation, the Designated Borrowers from time to time party
thereto, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative
Agent, L/C Issuer and Swing Line Lender.

     The Borrower promises to pay interest on the unpaid principal amount of each [Revolving
Credit] [Swing Line] Loan from the date of such Loan until such principal amount is paid in full,
at such interest rates and at such times as provided in the Agreement. [Except as otherwise
provided in Section 2.04(f) of the Agreement with respect to Swing Line Loans, a][A]ll
payments of principal and interest shall be made to the Administrative Agent for the account of the
Lender in the currency in which such [Revolving Credit] [Swing Line] Loan was denominated and in
Same Day Funds at the Administrative Agent’s Office for such currency. If any amount is not paid
in full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand, from
the due date thereof until the date of actual payment (and before as well as after judgment)
computed at the per annum rate set forth in the Agreement.

     This [Revolving Credit] [Swing Line] Note is one of the [Revolving Credit] [Swing Line] Notes
referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in
part subject to the terms and conditions provided therein. This [Revolving Credit] [Swing Line]
Note is also entitled to the benefits of [each Guaranty][the US Subsidiary Guaranty] and is secured
by [the Collateral] [the US Collateral]. Upon the occurrence and continuation of one or more of
the Events of Default specified in the Agreement, all amounts then remaining unpaid on this
[Revolving Credit] [Swing Line] Note shall become, or may be declared to be, immediately due and
payable all as provided in the Agreement. [Revolving Credit] [Swing Line] Loans made by the Lender
shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary
course of business. The Lender may also attach schedules to this [Revolving Credit] [Swing Line]
Note and endorse thereon the date, amount, currency and maturity of its Loans and payments with
respect thereto.

     The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment,
protest and demand and notice of protest, demand, dishonor and non-payment of this [Revolving
Credit] [Swing Line] Note.

C-2-1
Form of Note

 

 

     THIS [REVOLVING CREDIT] [SWING LINE] NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK.

	 	 	 	 	 	 	 
	 

	 	[BORROWER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 

C-2-2
Form of Note

 

 

LOANS AND PAYMENTS WITH RESPECT THERETO

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Amount of	 	 	 	 
	 	 	 	 	Currency	 	 	 	Principal or	 	Outstanding	 	 
	 	 	 	 	and	 	End of	 	Interest	 	Principal	 	 
	 	 	Type of	 	Amount of	 	Interest	 	Paid This	 	Balance	 	Notation
	Date	 	Loan Made	 	Loan Made	 	Period	 	Date	 	This Date	 	Made By
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 

C-2-3

 

EXHIBIT D

FORM OF COMPLIANCE CERTIFICATE

Financial
Statement Date:                     ,

To:    Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

          Reference is made to that certain Credit Agreement, dated as of June 22, 2006 (as
amended, restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among Asyst
Technologies, Inc., a California corporation (the “Company”) and Asyst Japan, Inc., a
Japanese corporation, the Designated Borrowers from time to time party thereto, the Lenders from
time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and
Swing Line Lender.

          The undersigned Responsible Officer2, acting in such capacity and position on
behalf of the Company, hereby certifies as of the date hereof that he/she is the
                                                             of the Company, and that, as such, he/she is authorized to
execute and deliver this Certificate to the Administrative Agent on the behalf of the Company, and
that:

[Use following paragraph 1 for fiscal year-end financial
statements]

          1. Attached hereto as Schedule 1 are the year-end audited financial statements
required by Section 6.01(a) of the Agreement for the fiscal year of the Company ended as of
the above date, together with the report and opinion of an independent certified public accountant
required by such section.

[Use following paragraph 1 for fiscal quarter-end financial
statements]

          1. Attached hereto as Schedule 1 are the unaudited financial statements required by
Section 6.01(b) of the Agreement for the fiscal quarter of the Company ended as of the
above date. Such financial statements fairly present the financial condition, results of
operations and cash flows of the Company and its Subsidiaries in accordance with GAAP as at such
date and for such period, subject only to normal year-end audit adjustments and the absence of
footnotes.

 

			
	2	 	This Certificate should be from the Chief
Executive Officer or Treasurer of the Company.

D-1
Form of Compliance Certificate

 

 

          2. The undersigned has reviewed and is familiar with the terms of the Agreement and has made,
or has caused to be made under his/her supervision, a detailed review of the transactions and
condition (financial or otherwise) of the Company during the accounting period covered by the
attached financial statements.

          3. A review of the activities of the Company during such fiscal period has been made under the
supervision of the undersigned with a view to determining whether during such fiscal period the
Company performed and observed all its Obligations under the Loan Documents, and

[select one:]

          [to the best knowledge of the undersigned during such fiscal period, the Company performed and
observed each covenant and condition of the Loan Documents applicable to it, and no Default has
occurred and is continuing.]

—or—

          [the following covenants or conditions have not been performed or observed and the following
is a list of each such Default and its nature and status:]

          4. The representations and warranties of the Borrowers contained in Article V of the
Agreement and (ii) each Loan Party contained in each other Loan Document or in any document
furnished at any time under or in connection with the Loan Documents, are true and correct on and
as of the date hereof, except to the extent that such representations and warranties specifically
refer to an earlier date, in which case they are true and correct as of such earlier date, and
except that for purposes of this Compliance Certificate, the representations and warranties
contained in clauses (a) and (b) of Section 5.05 of the Agreement shall be
deemed to refer to the most recent statements furnished pursuant to clauses (a) and
(b), respectively, of Section 6.01 of the Agreement, including the statements in
connection with which this Compliance Certificate is delivered.

          5. The financial covenant analyses and information set forth on Schedules 2 and
3 attached hereto are true and accurate on and as of the date of this Certificate. The
line item descriptions on the attached Schedules 2 and 3 are in summary form for
ease of use only and the provisions of the related definitions shall control.

D-2
Form of Compliance Certificate

 

 

          IN WITNESS WHEREOF, the undersigned has executed this Certificate as
of                     ,                     .

	 	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES, INC.
	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

D-3
Form of
Compliance Certificate

 

 

For the Quarter/Year ended                     , ____ (“Statement Date”)

SCHEDULE 2

to the Compliance Certificate

($ in 000’s)

	 	 	 	 	 	 	 	 	 	 	 
	I.	 	Section 7.11(a) – Consolidated Total Leverage Ratio.	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	A.	 	Consolidated Funded Indebtedness at Statement Date	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	B.	 	Consolidated EBITDA for
Measurement Period ending on above date (“Subject Period”):	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1.	 	Consolidated Net Income for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	2.	 	Consolidated Interest Charges for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	3.	 	Provision for income taxes for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	4.	 	Depreciation expenses for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	5.	 	Amortization expenses for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	6.	 	Income Tax credits for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	8.	 	Consolidated EBITDA (Lines II.A.1 + 2 + 3 + 4 + 5  – 6):	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	C.	 	Consolidated Total Leverage Ratio (Line I.A  ̧ Line I.B):	 	____ to 1
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Maximum permitted:	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	Maximum Consolidated Total	 	 	 	 
	 	 	 	 	Four Fiscal Quarters Ending 	 	Leverage Ratio	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	Closing Date through June 29, 2006	 	3.75:1	 	 	 	 
	 
	 	 	 	June 30, 2006 and each fiscal quarter thereafter	 	3.50	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 
	II.	 	Section 7.11
(b) – Consolidated Senior Leverage Ratio.	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	A.	 	Consolidated Senior Indebtedness at Statement Date	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	B.	 	Consolidated EBITDA for Subject Period (Line I.B.9 above):	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	C.	 	Consolidated Senior Leverage Ratio (Line II.A  ̧ Line II.B):	 	____ to 1
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Maximum permitted:	 	 	 	 

D-4

Form of Compliance Certificate

 

	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	Maximum Consolidated Senior	 	 	 	 
	 	 	 	 	Four Fiscal Quarters Ending	 	Leverage Ratio	 	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	Closing Date through December 30, 2006	 	2.25:1	 	 	 	 
	 
	 	 	 	December 31, 2006 and each fiscal quarter thereafter	 	2.00:1	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 
	III.	 	Section 7.11(c) — Consolidated Fixed Charge Coverage Ratio	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	A.	 	Consolidated EBITDA for Subject Period (Line I.B.9 above):	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	B.	 	Cash Capital Expenditures for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	C.	 	Federal, State, Local and Foreign Cash Income Taxes	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	D.	 	Consolidated Interest Charges for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	E.	 	Scheduled Principal payments, etc. for Subject Period:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	F.	 	Consolidated Fixed Charge Coverage Ratio ([Line III.A – Line III.B – Line III.C]  ̧
[Line III.D +

 Line III.E]):	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Minimum required:	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	Minimum Consolidated Fixed	 	 	 	 
	 	 	 	 	Four Fiscal Quarters Ending	 	Charge Coverage Ratio	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	Closing Date through December 30, 2006	 	2.00:1	 	 	 	 
	 
	 	 	 	December 31, 2006 and each fiscal quarter thereafter	 	2.50:1	 	 	 	 

D-5

Form of Compliance Certificate

 

	 	 	 	 	 	 	 	 	 	 	 
	IV.	 	Section 7.11 — Capital Expenditures.	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	A.	 	Capital Expenditures made during fiscal year to date:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	B.	 	Maximum permitted Capital Expenditures
($_____________:	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	C.	 	Excess (deficient) for covenant compliance
(Line IV.B — IV.A):	 	$	 	 
	 
	 	 	 	 	 	 	 	 	 

D-6

Form of Compliance Certificate

 

For the Quarter/Year ended                     (“Statement Date”)

SCHEDULE 3

to the Compliance Certificate

($ in 000’s)

Consolidated EBITDA

(in accordance with the definition of Consolidated EBITDA

as set forth in the Agreement)

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Twelve	 
	Consolidated	 	Quarter	 	 	Quarter	 	 	Quarter	 	 	Quarter	 	 	Months	 
	EBITDA	 	Ended	 	 	Ended	 	 	Ended	 	 	Ended	 	 	Ended	 
	Consolidated
Net Income
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ Consolidated
Interest Charges
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ income taxes
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ depreciation
expense
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	+ amortization
expense
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	– income tax credits
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	= Consolidated EBITDA
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

D-7

Form of Compliance Certificate

 

EXHIBIT E

ASSIGNMENT AND ASSUMPTION

     This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the
Effective Date set forth below and is entered into by and between [the][each]3 Assignor
identified in item 1 below ([the][each, an] “Assignor”) and [the][each]4
Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is understood and
agreed that the rights and obligations of [the Assignors][the Assignees]5 hereunder are
several and not joint.]6 Capitalized terms used but not defined herein shall have the
meanings given to them in the Credit Agreement identified below (the “Credit Agreement”),
receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and
Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by
reference and made a part of this Assignment and Assumption as if set forth herein in full.

     For an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns to [the
Assignee][the respective Assignees], and [the][each] Assignee hereby irrevocably purchases and
assumes from [the Assignor][the respective Assignors], subject to and in accordance with the
Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the
Administrative Agent as contemplated below (i) all of [the Assignor’s][the respective Assignors’]
rights and obligations in [its capacity as a Lender][their respective capacities as Lenders] under
the Credit Agreement and any other documents or instruments delivered pursuant thereto to the
extent related to the amount and percentage interest identified below of all of such outstanding
rights and obligations of [the Assignor][the respective Assignors] under the respective facilities
identified below (including, without limitation, the Letters of Credit and the Swing Line Loans
included in such facilities7) and (ii) to the extent permitted to be assigned under
applicable law, all claims, suits, causes of action and any other right of [the Assignor (in its
capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)]
against any Person, whether known or unknown, arising under or in connection with the Credit
Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions
governed thereby or in any way based on or related to any of the foregoing, including, but not
limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims
at law or in equity related to the rights and obligations sold and assigned pursuant to clause
(i) above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any]
Assignee pursuant to clauses (i) and (ii) above being referred to herein
collectively

 

			
	3	 	For bracketed language here and elsewhere in
this form relating to the Assignor(s), if the assignment is from a single
Assignor, choose the first bracketed language. If the assignment is from
multiple Assignors, choose the second bracketed language.
	 
	4	 	For bracketed language here and elsewhere in
this form relating to the Assignee(s), if the assignment is to a single
Assignee, choose the first bracketed language. If the assignment is to
multiple Assignees, choose the second bracketed language.
	 
	5	 	Select as appropriate.
	 
	6	 	Include bracketed language if there are either
multiple Assignors or multiple Assignees.
	 
	7	 	Include all applicable subfacilities.

E-1

Form of Assignment and Assumption

 

 

as [the][an] “Assigned Interest”). Each such sale and assignment is without recourse
to [the][any] Assignor and, except as expressly provided in this Assignment and Assumption, without
representation or warranty by [the][any] Assignor.

	1.	 	Assignor[s]:                                         
	 
	 	 	                                                             
	 
	2.	 	Assignee[s]:                                         
	 
	 	 	                                                             
	 
	 	 	[for each Assignee, indicate [Affiliate][Approved Fund] of [identify Lender]]
	 
	3.	 	Borrower(s): Asyst Technologies, Inc., a California corporation and Asyst Japan,
Inc., a Japanese corporation and the Designated Borrowers from time
to time party to the Credit Agreement
	 
	4.	 	Administrative Agent: Bank of America, N.A., as the administrative agent under the
Credit Agreement
	 
	5.	 	Credit Agreement: Credit Agreement, dated as of June 22, 2006 (as amended, restated,
extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among
Asyst Technologies, Inc., a California corporation (the “Company”) and Asyst Japan,
Inc., a Japanese corporation, the Designated Borrowers from time to time party thereto, the
Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent,
L/C Issuer and Swing Line Lender.
	 
	6.	 	Assigned Interest[s]:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Aggregate	 	 	 	 	 	 
	 	 	 	 	 	 	Amount of	 	 	 	Percentage	 	 
	 	 	 	 	 	 	Commitment/	 	Amount of	 	Assigned of	 	 
	 	 	 	 	Facility	 	Loans	 	Commitment/Loans	 	Commitment/	 	CUSIP
	Assignor[s]	 	Assignee[s]	 	Assigned	for all Lenders8	Assigned	Loans9	Number
	 

	 	 	 	 	 	$                    
	 	$                    
	 	                    %	 	 
	 

	 	 	 	 	 	$                    
	 	$                    
	 	                    %	 	 
	 

	 	 	 	 	 	$                    
	 	$                    
	 	                    %	 	 

 

			
	8	 	Amounts in this column and in the column
immediately to the right to be adjusted by the counterparties to take into
account any payments or prepayments made between the Trade Date and the
Effective Date.
	 
	9	 	Set forth, to at least 9 decimals, as a
percentage of the Commitment/Loans of all Lenders thereunder.

E-2

Form of Assignment and Assumption

 

 

	[7.	 	Trade Date:                                         ]10

Effective Date:                                         , 20___[TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE
THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]

     The terms set forth in this Assignment and Assumption are hereby agreed to:

	 	 	 	 	 
	 	ASSIGNOR

[NAME OF ASSIGNOR]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	 	ASSIGNEE

[NAME OF ASSIGNEE]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 

[Consented to and]11 Accepted:

	 	 	 	 	 
	BANK OF AMERICA, N.A., as

     Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	[Consented to:]12	 	 
	 
	 	 	 	 
	ASYST TECHNOLOGIES, INC.	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	 

	 	Title:	 	 

 

			
	10	 	To be completed if the Assignor and the
Assignee intend that the minimum assignment amount is to be determined as of
the Trade Date.
	 
	11	 	To be added only if the consent of the
Administrative Agent is required by the terms of the Credit Agreement.
	 
	12	 	To be added only if the consent of the
Company and/or other parties (e.g. Swing Line Lender, L/C Issuer) is required
by the terms of the Credit Agreement.

E-3

Form of Assignment and Assumption

 

 

ANNEX 1 TO ASSIGNMENT AND ASSUMPTION

[                                        ]13

STANDARD TERMS AND CONDITIONS FOR

ASSIGNMENT AND ASSUMPTION

          1. Representations and Warranties.

          1.1. Assignor. [The][Each] Assignor (a) represents and warrants that (i) it is the
legal and beneficial owner of [the][[the relevant] Assigned Interest, (ii) [the][such] Assigned
Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full
power and authority, and has taken all action necessary, to execute and deliver this Assignment and
Assumption and to consummate the transactions contemplated hereby; and (b) assumes no
responsibility with respect to (i) any statements, warranties or representations made in or in
connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral
thereunder, (iii) the financial condition of the Company, any of its Subsidiaries or Affiliates or
any other Person obligated in respect of any Loan Document or (iv) the performance or observance by
the Company, any of its Subsidiaries or Affiliates or any other Person of any of their respective
obligations under any Loan Document.

          1.2. Assignee. [The][Each] Assignee (a) represents and warrants that (i) it has full
power and authority, and has taken all action necessary, to execute and deliver this Assignment and
Assumption and to consummate the transactions contemplated hereby and to become a Lender under the
Credit Agreement, (ii) it meets all the requirements to be an assignee under Section
10.06(b)(iii), (v) and (vi) and (vii) of the Credit Agreement (subject
to such consents, if any, as may be required under Section 10.06(b)(iii) of the Credit
Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the
Credit Agreement as a Lender thereunder and, to the extent of [the][the relevant] Assigned
Interest, shall have the obligations of a Lender thereunder, (iv) it is sophisticated with respect
to decisions to acquire assets of the type represented by [the][such] Assigned Interest and either
it, or the Person exercising discretion in making its decision to acquire [the][such] Assigned
Interest, is experienced in acquiring assets of such type, (v) it has received a copy of the Credit
Agreement, and has received or has been accorded the opportunity to receive copies of the most
recent financial statements delivered pursuant to Section ___thereof, as applicable, and such other
documents and information as it deems appropriate to make its own credit analysis and decision to
enter into this Assignment and Assumption and to purchase [the][such] Assigned Interest, (vi) it
has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit
analysis and decision to enter into this Assignment and Assumption and to purchase [the][such]
Assigned Interest, and (vii) if it is a Foreign Lender, attached hereto is any documentation
required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and
executed by [the][such] Assignee; and (b) agrees that (i) it will, independently and without

 

			
	13	 	Describe Credit Agreement at option of
Administrative Agent.

E-4
Form of Assignment and Assumption

 

 

reliance upon the Administrative Agent, [the][any] Assignor or any other Lender, and based on such
documents and information as it shall deem appropriate at the time, continue to make its own credit
decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in
accordance with their terms all of the obligations which by the terms of the Loan Documents are
required to be performed by it as a Lender.

          2. Payments. From and after the Effective Date, the Administrative Agent shall make
all payments in respect of [the][each] Assigned Interest (including payments of principal,
interest, fees and other amounts) to [the][the relevant] Assignor for amounts which have accrued to
but excluding the Effective Date and to [the][the relevant] Assignee for amounts which have accrued
from and after the Effective Date.

          3. General Provisions. This Assignment and Assumption shall be binding upon, and
inure to the benefit of, the parties hereto and their respective successors and assigns. This
Assignment and Assumption may be executed in any number of counterparts, which together shall
constitute one instrument. Delivery of an executed counterpart of a signature page of this
Assignment and Assumption by telecopy shall be effective as delivery of a manually executed
counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed
by, and construed in accordance with, the law of the State of                      [confirm that
choice of law provision parallels the Credit Agreement].

E-5
Form of Assignment and Assumption

 

 

EXHIBIT F-1

FORM OF COMPANY GUARANTY

F-1-1
Form of Company Guaranty

 

 

EXHIBIT F-2

FORM OF US SUBSIDIARY GUARANTY

F-2-1
Form of US Subsidiary Guaranty

 

 

EXHIBIT F-3

FORM OF JAPANESE GUARANTY

F-3-1
Form of Japanese Guaranty

 

 

EXHIBIT F-4

FORM OF UK SUBSIDIARY GUARANTY

F-4-1
Form of UK Subsidiary Guaranty

 

 

EXHIBIT F-5

FORM OF TAIWANESE SUBSIDIARY GUARANTY

F-5-1
Form of Taiwanese Subsidiary Guaranty

 

 

EXHIBIT G-1

FORM OF US SECURITY AGREEMENT

G-1-1
Form of US Security Agreement

 

 

EXHIBIT G-2 A & B

FORM OF JAPANESE SECURITY AGREEMENTS

G-2-1
Form of Japanese Security Agreements

 

 

EXHIBIT G-3 A & B

FORM OF UK SECURITY AGREEMENTS

G-3-1
Form of UK Security Agreements

 

 

EXHIBIT G-4 A, B, C, D & E

FORM OF TAIWANESE SECURITY AGREEMENTS

G-4-1
Form of Taiwanese Security Agreements

 

 

EXHIBIT I

FORM OF DESIGNATED BORROWER

REQUEST AND ASSUMPTION AGREEMENT

Date:                                         ,                     

To: Bank of America, N.A., as Administrative Agent

     Ladies and Gentlemen:

     This Designated Borrower Request and Assumption Agreement is made and delivered pursuant to
Section 2.14 of that certain Credit Agreement, dated as of June 22, 2006 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among Asyst
Technologies, Inc., a California corporation (the “Company”) and Asyst Japan, Inc., a
Japanese corporation, the Designated Borrowers from time to time party thereto, the Lenders from
time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and
Swing Line Lender.

     Each of                                          (the “Designated Borrower”) and the Company hereby
confirms, represents and warrants to the Administrative Agent and the Lenders that the Designated
Borrower is a Subsidiary of the Company.

     The documents required to be delivered to the Administrative Agent under Section 2.14
of the Credit Agreement will be furnished to the Administrative Agent in accordance with the
requirements of the Credit Agreement.

     Complete if the Designated Borrower is a Domestic Subsidiary: The true and correct US
taxpayer identification number of the Designated Subsidiary is                                         .

     Complete if the Designated Borrower is a Foreign Subsidiary: The true and correct unique
identification number that has been issued to the Designated Borrower by its jurisdiction of
organization and the name of such jurisdiction are set forth below:

	 	 	 
	Identification Number	 	Jurisdiction of Organization
	 

	 	 

     The parties hereto hereby confirm that with effect from the date hereof, the Designated
Borrower shall have obligations, duties and liabilities toward each of the other parties to the
Credit Agreement identical to those which the Designated Borrower would have had if the Designated
Borrower had been an original party to the Credit Agreement as a Borrower. The Designated Borrower
confirms its acceptance of, and consents to, all representations and warranties, covenants, and
other terms and provisions of the Credit Agreement.

     The parties hereto hereby request that the Designated Borrower be entitled to receive
Revolving Facility Loans under the Credit Agreement, and understand, acknowledge and agree that
neither the Designated Borrower nor the Company on its behalf shall have any right to

I-1

Form of Designated Borrower Request and Assumption Agreement

 

 

request any
Revolving Facility Loans for its account unless and until the date five Business Days after the
effective date designated by the Administrative Agent in a Designated Borrower Notice delivered to
the Company and the Lenders pursuant to Section 2.14 of the Credit Agreement.

     This Designated Borrower Request and Assumption Agreement shall constitute a Loan Document
under the Credit Agreement.

     THIS DESIGNATED BORROWER REQUEST AND ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED
IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

     IN WITNESS WHEREOF, the parties hereto have caused this Designated Borrower Request and
Assumption Agreement to be duly executed and delivered by their proper and duly authorized officers
as of the day and year first above written.

	 	 	 	 	 	 	 
	 	 	[DESIGNATED BORROWER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

I-2

Form of Designated Borrower Request and Assumption Agreement

 

 

EXHIBIT J

FORM OF DESIGNATED BORROWER NOTICE

Date:                                         ,                     

To: Asyst Technologies, Inc.

     The Lenders party to the Credit Agreement referred to below

     Ladies and Gentlemen:

     This Designated Borrower Notice is made and delivered pursuant to Section 2.14 of that
certain Credit Agreement, dated as of June 22, 2006 (as amended, restated, extended, supplemented
or otherwise modified in writing from time to time, the “Agreement;” the terms defined
therein being used herein as therein defined), among Asyst Technologies, Inc., a California
corporation (the “Company”) and Asyst Japan, Inc., a Japanese corporation, the Designated
Borrowers from time to time party thereto, the Lenders from time to time party thereto, and Bank of
America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.

     The Administrative Agent hereby notifies Company and the Lenders that effective as of the date
hereof [                                        ] shall be a Designated Borrower and may receive Loans for its
account on the terms and conditions set forth in the Credit Agreement.

     This Designated Borrower Notice shall constitute a Loan Document under the Credit Agreement.

	 	 	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A.,	 	 
	 	 	as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

 J-1

Form of Designated Borrower Notice

 

 

EXHIBIT K

FORM OF CLOSING DATE CERTIFICATE

Date:                                         ,                     

To: Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that Credit Agreement, dated as of June 22, 2006 (as amended, restated,
extended, supplemented or otherwise modified in writing from time to time, the “Agreement;”
the terms defined therein being used herein as therein defined), among Asyst Technologies, Inc., a
California corporation (the “Company”) and Asyst Japan, Inc., a Japanese corporation, the
Designated Borrowers from time to time party thereto, the Lenders from time to time party thereto,
and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.

     The undersigned Responsible Officer hereby certifies as of the date hereof that he/she is the
                                                             of each Loan Party, and that, as such, he/she is authorized to
execute and deliver this Certificate to the Administrative Agent on the behalf of such Loan Party,
and that:

     1. Consummation of Transaction. All actions necessary to consummate the Acquisition
have been taken in accordance with the terms of the Acquisition Agreement, without any waiver or
amendment not consented to by the Lenders of any term, provision or condition set forth therein,
and in compliance with all applicable requirements of Law. At and as of the Closing Date, there
exists no condition that would constitute a default or an event of default under the Acquisition
Agreement or any Related Document.

     2. Delivery of Acquisition Agreement. Attached hereto as Annex I are true
and complete, fully executed copies of the a certified copy of the Acquisition Agreement and the
Related Documents. Such agreements, instruments and other documents are in full force and effect
as of the date hereof and the parties thereto are in full compliance therewith in all material
respects.

     3. Payment of Outstanding Indebtedness, etc. All Existing Indebtedness (other than
Continuing Debt), together with all interest, all prepayment premiums and other amounts due and
payable with respect thereto, has been paid in full and the commitments in respect of such
Indebtedness have been terminated and all Liens securing obligations under such Indebtedness have
been released. Attached hereto as Annex II are copies of all executed UCC termination
statements (Form UCC-3), payoff letters or other instruments required to be delivered pursuant to
Section 4.01 of the Credit Agreement.

     4. Financial Information, etc. Attached hereto as Annex III are true and
complete copies of audited consolidated financial statements of (a) the Audited Financial
Statements, (b) unaudited consolidated and consolidating balance sheets of the Company and its
Subsidiaries

K-1

Form of Closing Date Certificate

 

 

dated [                    ], and the related consolidated and consolidating statements of income
or operations, shareholders’ equity and cash flows for the fiscal quarter ended on that date, (c)
consolidated and consolidating pro forma balance sheet of the Company and its Subsidiaries as at
[                                        ,                     ], and the related consolidated and consolidating pro forma statements of income
and cash flows of the Company and its Subsidiaries for the [                                        ]months then ended, giving
effect to the Transaction, all in accordance with GAAP and (d) the consolidated and consolidating
forecasted balance sheet and statements of income and cash flows of the Company and its
Subsidiaries for the three year period from the Closing Date.

     5. Insurance. Attached hereto as Annex IV are true and complete copies of
the insurance certificates required to be delivered pursuant to Section 4.01 of the Credit
Agreement.

     6. Closing Fees, Expenses, etc. All fees required to be paid to the Administrative
Agent and the Arranger on or before the Closing Date and all fees, charges and disbursements of
counsel to the Administrative Agent (directly to such counsel if requested by the Administrative
Agent) to the extent invoiced prior to or on the Closing Date have been paid. All fees required to
be paid to the Lenders on or before the Closing Date have been paid.

     7. Material Adverse Effect. There has been no event or circumstance since the date
of the Audited Financial Statements that has had or could be reasonably expected to have, either
individually or in the aggregate, a Material Adverse Effect.

     8. Closing Conditions. All conditions precedent to be satisfied by the Closing Date
as set forth in Article IV of the Credit Agreement (and not otherwise covered by the preceding
paragraphs) have been satisfied in full. All conditions precedent to be satisfied by the Closing
Date as set forth in the Acquisition Agreement (and not otherwise covered by the preceding
paragraphs) have been satisfied in full.

K-2

Form of Closing Date Certificate

 

 

     IN WITNESS WHEREOF, the undersigned has executed this Certificate as of the date first written
above.

	 	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	ASYST JAPAN, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES EUROPE LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	ASYST TECH TAIWAN LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 

K-3

Form of Closing Date Certificate

 

 

ANNEX I TO CLOSING DATE CERTIFICATE

ACQUISITION AGREEMENT

K-4

Form of Closing Date Certificate

 

 

ANNEX II TO CLOSING DATE CERTIFICATE

UCC TERMINATION STATEMENTS, PAYOFF LETTERS, ETC.

K-5

Form of Closing Date Certificate

 

 

ANNEX III TO CLOSING DATE CERTIFICATE

FINANCIAL INFORMATION

K-6

Form of Closing Date Certificate

 

 

ANNEX IV TO CLOSING DATE CERTIFICATE

INSURANCE

K-7

Form of Closing Date Certificate

 

 

EXHIBIT L

FORM OF SOLVENCY CERTIFICATE

Date:                                         ,                     

To: Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that Credit Agreement, dated as of June 22, 2006 (as amended, restated,
extended, supplemented or otherwise modified in writing from time to time, the “Agreement;”
the terms defined therein being used herein as therein defined), among Asyst Technologies, Inc., a
California corporation (the “Company”) and Asyst Japan, Inc., a Japanese corporation, the
Designated Borrowers from time to time party thereto, the Lenders from time to time party thereto,
and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.

          The undersigned Responsible Officer hereby certifies as of the date hereof that he/she is the
chief financial officer (the “Chief Financial Officer”) of each Loan Party, and that, as
such, he/she is authorized to execute and deliver this Certificate to the Administrative Agent on
the behalf of such Loan Party, and that:

     1. The Chief Financial Officer has knowledge of the preparation and negotiation of, and
has reviewed and is familiar with the provisions of, the Loan Documents, the Acquisition
Agreement and Related Documents, and the agreements executed in connection therewith and in
connection with the other Transactions.

     2. The Chief Financial Officer is familiar (both before and after giving effect to the
Transactions) with the finances of each Loan Party and has participated in the preparation
of the financial statements of each Loan Party.

     3. On a pro forma basis after giving effect to the Transactions, as of
the Closing Date each Loan Party is Solvent.

L-1

Form of Solvency Certificate

 

     IN WITNESS WHEREOF, the undersigned has executed this Certificate as of the date first written
above.

	 	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	ASYST JAPAN, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	ASYST TECHNOLOGIES EUROPE LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	ASYST TECH TAIWAN LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 

L-2

Form of Solvency Certificate

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