Document:

Exhibit 10.1

Exhibit 10.1

Execution Copy

 

Published CUSIP Number: 45810CAA6

AMENDED AND RESTATED CREDIT AGREEMENT

Dated as of August 10, 2010

among

INTEGRA LIFESCIENCES HOLDINGS CORPORATION,

a Delaware corporation,

as the Borrower,

BANK OF AMERICA, N.A.,

as Administrative Agent, Swing Line Lender

and

L/C Issuer,

and

JPMORGAN CHASE BANK,

as Syndication Agent,

and

HSBC BANK USA, NA, RBC CAPITAL MARKETS, WELLS FARGO BANK, N.A.,

FIFTH THIRD BANK, DNB NOR BANK ASA and TD BANK, N.A.,

as Co-Documentation Agents,

and

THE OTHER LENDERS PARTY HERETO

 

BANC OF AMERICA SECURITIES LLC

and

J.P. MORGAN SECURITIES INC.,

as Joint Lead Arrangers and Joint Book Managers

 

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	Section	 	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 Times of Day
	 	 	36	 
	1.06 Letter of Credit Amounts
	 	 	36	 
	1.07 Amendment and Restatement
	 	 	36	 
	 
	 	 	 	 
	ARTICLE II
 COMMITMENTS AND CREDIT EXTENSIONS
	 	 	37	 
	2.01 Loans
	 	 	37	 
	2.02 Borrowings, Conversions and Continuations of Loans
	 	 	38	 
	2.03 Letters of Credit
	 	 	39	 
	2.04 Swing Line Loans
	 	 	48	 
	2.05 Prepayments
	 	 	51	 
	2.06 Termination or Reduction of Commitments
	 	 	53	 
	2.07 Repayment of Loans
	 	 	54	 
	2.08 Interest
	 	 	54	 
	2.09 Fees
	 	 	55	 
	2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate
	 	 	56	 
	2.11 Evidence of Debt
	 	 	56	 
	2.12 Payments Generally; Administrative Agent’s Clawback
	 	 	57	 
	2.13 Sharing of Payments by Lenders
	 	 	59	 
	2.14 Cash Collateral
	 	 	60	 
	2.15 Defaulting Lenders
	 	 	61	 
	2.16 Increase in Commitments
	 	 	63	 

 

i

 

	 	 	 	 	 
	Section	 	Page	 
	ARTICLE III
 TAXES, YIELD PROTECTION AND ILLEGALITY
	 	 	65	 
	3.01 Taxes
	 	 	65	 
	3.02 Illegality
	 	 	68	 
	3.03 Inability to Determine Rates
	 	 	69	 
	3.04 Increased Costs; Reserves on Eurodollar Rate Loans
	 	 	69	 
	3.05 Compensation for Losses
	 	 	71	 
	3.06 Mitigation Obligations; Replacement of Lenders
	 	 	72	 
	3.07 Survival
	 	 	72	 
	 
	 	 	 	 
	ARTICLE IV 
CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
	 	 	72	 
	4.01 Conditions to Closing
	 	 	72	 
	4.02 Conditions to all Credit Extensions
	 	 	76	 
	 
	 	 	 	 
	ARTICLE V 
 REPRESENTATIONS AND WARRANTIES
	 	 	77	 
	5.01 Existence, Qualification and Power
	 	 	77	 
	5.02 Authorization; No Contravention
	 	 	77	 
	5.03 Governmental Authorization; Other Consents
	 	 	78	 
	5.04 Binding Effect
	 	 	78	 
	5.05 Financial Statements; No Material Adverse Effect; No Internal Control Event
	 	 	78	 
	5.06 Litigation
	 	 	79	 
	5.07 No Default
	 	 	79	 
	5.08 Subsidiaries and Equity Investments
	 	 	79	 
	5.09 Ownership
	 	 	80	 
	5.10 Ownership of Personal Property; Liens
	 	 	80	 
	5.11 Intellectual Property; Licenses; Etc.
	 	 	80	 
	5.12 Real Estate; Lease
	 	 	80	 
	5.13 Environmental Matters
	 	 	81	 
	5.14 Security Documents
	 	 	81	 
	5.15 Insurance
	 	 	82	 
	5.16 Transactions with Affiliates
	 	 	82	 
	5.17 Taxes
	 	 	82	 
	5.18 ERISA Compliance
	 	 	83	 
	5.19 Purpose of Loans and Letters of Credit
	 	 	83	 

 

ii

 

	 	 	 	 	 
	Section	 	Page	 
	5.20 Margin Regulations; Investment Company Act; Public Utility Holding Company Act
	 	 	84	 
	5.21 Disclosure
	 	 	84	 
	5.22 Compliance with Laws
	 	 	84	 
	5.23 Labor Matters
	 	 	84	 
	5.24 Solvency
	 	 	85	 
	5.25 Material Contracts
	 	 	85	 
	5.26 Nature of Business
	 	 	85	 
	 
	 	 	 	 
	ARTICLE VI 
 AFFIRMATIVE COVENANTS
	 	 	86	 
	6.01 Financial Statements
	 	 	86	 
	6.02 Certificates; Other Information
	 	 	87	 
	6.03 Notices
	 	 	89	 
	6.04 Payment of Obligations
	 	 	90	 
	6.05 Preservation of Existence, Etc.
	 	 	90	 
	6.06 Maintenance of Properties
	 	 	90	 
	6.07 Maintenance of Insurance; Certain Proceeds
	 	 	90	 
	6.08 Compliance with Laws
	 	 	91	 
	6.09 Books and Records
	 	 	91	 
	6.10 Inspection Rights
	 	 	91	 
	6.11 Further Assurances with Respect to Additional Loan Parties
	 	 	92	 
	6.12 Further Assurances with Respect to Additional Collateral
	 	 	93	 
	6.13 Performance of Material Contracts, etc.
	 	 	93	 
	6.14 Use of Proceeds
	 	 	93	 
	6.15 Environmental
	 	 	93	 
	 
	 	 	 	 
	ARTICLE VII 
 NEGATIVE COVENANTS
	 	 	94	 
	7.01 Liens
	 	 	94	 
	7.02 Investments
	 	 	95	 
	7.03 Indebtedness
	 	 	97	 
	7.04 Fundamental Changes and Acquisitions
	 	 	99	 
	7.05 Dispositions
	 	 	100	 

 

iii

 

	 	 	 	 	 
	Section	 	Page	 
	7.06 Restricted Payments
	 	 	101	 
	7.07 Amendment, Etc. of Indebtedness; Other Material
Contracts and Constitutive Documents and Payments in respect of Indebtedness
	 	 	103	 
	7.08 Change in Nature of Business
	 	 	104	 
	7.09 Transactions with Affiliates
	 	 	104	 
	7.10 Limitations on Restricted Actions
	 	 	105	 
	7.11 Sale-Leasebacks; Off-Balance Sheet Obligation
	 	 	105	 
	7.12 Use of Proceeds
	 	 	105	 
	7.13 Impairment of Security Interests
	 	 	105	 
	7.14 Ownership of Foreign Subsidiaries
	 	 	105	 
	7.15 Fiscal Year
	 	 	105	 
	7.16 Partnerships, etc.
	 	 	105	 
	7.17 Financial Covenants
	 	 	106	 
	7.18 Consolidated Capital Expenditures
	 	 	106	 
	7.19 Independent Covenants
	 	 	106	 
	 
	 	 	 	 
	ARTICLE VIII
 EVENTS OF DEFAULT AND REMEDIES
	 	 	106	 
	8.01 Events of Default
	 	 	106	 
	8.02 Remedies Upon Event of Default
	 	 	109	 
	8.03 Application of Funds
	 	 	110	 
	 
	 	 	 	 
	ARTICLE IX 
 ADMINISTRATIVE AGENT
	 	 	111	 
	9.01 Appointment and Authority
	 	 	111	 
	9.02 Rights as a Lender
	 	 	111	 
	9.03 Exculpatory Provisions
	 	 	111	 
	9.04 Reliance by Administrative Agent
	 	 	112	 
	9.05 Delegation of Duties
	 	 	113	 
	9.06 Resignation of Administrative Agent
	 	 	113	 
	9.07 Non-Reliance on Administrative Agent and Other Lenders
	 	 	114	 
	9.08 No Other Duties, Etc.
	 	 	114	 
	9.09 Administrative Agent May File Proofs of Claim
	 	 	114	 
	9.10 Collateral and Guaranty Matters
	 	 	115	 
	9.11 Secured Cash Management Services Agreements and Secured Swap Contracts
	 	 	115	 

 

iv

 

	 	 	 	 	 
	Section	 	Page	 
	ARTICLE X 
 MISCELLANEOUS
	 	 	116	 
	10.01 Amendments, Etc.
	 	 	116	 
	10.02 Notices; Effectiveness; Electronic Communications
	 	 	118	 
	10.03 No Waiver; Cumulative Remedies; Enforcement
	 	 	120	 
	10.04 Expenses; Indemnity; Damage Waiver
	 	 	121	 
	10.05 Payments Set Aside
	 	 	123	 
	10.06 Successors and Assigns
	 	 	123	 
	10.07 Treatment of Certain Information; Confidentiality
	 	 	128	 
	10.08 Right of Setoff
	 	 	129	 
	10.09 Interest Rate Limitation
	 	 	130	 
	10.10 Counterparts; Integration; Effectiveness
	 	 	130	 
	10.11 Survival of Representations and Warranties
	 	 	130	 
	10.12 Severability
	 	 	130	 
	10.13 Replacement of Lenders
	 	 	131	 
	10.14 Governing Law; Jurisdiction; Etc.
	 	 	132	 
	10.15 Waiver of Jury Trial
	 	 	132	 
	10.16 USA PATRIOT Act Notice
	 	 	133	 
	10.17 Time of the Essence
	 	 	133	 
	10.18 No Advisory or Fiduciary Responsibility
	 	 	133	 
	10.19 Electronic Execution of Assignments and Certain Other Documents
	 	 	133	 
	 
	 	 	 	 
	SIGNATURES
	 	 	S-1	 

 

v

 

SCHEDULES

	 	 	 	 	 	 	 
	1.01
	 	Excluded Subsidiaries and Subsidiary Guarantors	 	 	 	 
	2.01
	 	Commitments and Applicable Percentages	 	 	 	 
	5.03
	 	Approvals and Consents	 	 	 	 
	5.08
	 	Subsidiaries and Other Equity Investments	 	 	 	 
	5.09
	 	Certain Stock Arrangements	 	 	 	 
	5.13
	 	Environmental Matters	 	 	 	 
	5.16
	 	Transactions with Affiliates	 	 	 	 
	5.18
	 	Pension Plans	 	 	 	 
	5.23
	 	Labor Matters	 	 	 	 
	5.25
	 	Material Contracts	 	 	 	 
	7.01
	 	Existing Liens	 	 	 	 
	7.02
	 	Existing Investments	 	 	 	 
	7.03
	 	Existing Indebtedness	 	 	 	 
	10.02
	 	Administrative Agent’s Office, Certain Addresses for Notices	 	 	 	 

EXHIBITS

	 	 	 	 	 	 	 
	Exhibit A
	 	Form of Loan Notice	 	 	 	 
	Exhibit B
	 	Form of Swing Line Loan Notice	 	 	 	 
	Exhibit C-1
	 	Term Note	 	 	 	 
	Exhibit C-2
	 	Revolving Credit Note	 	 	 	 
	Exhibit D
	 	Form of Compliance Certificate	 	 	 	 
	Exhibit E
	 	Form of Assignment of Assumption	 	 	 	 
	Exhibit F
	 	Subsidiary Guaranty Agreement	 	 	 	 
	Exhibit G
	 	Form of Joinder Agreement	 	 	 	 
	Exhibit H
	 	Opinion Matters	 	 	 	 
	Exhibit I
	 	Form of Pledge Agreement	 	 	 	 
	Exhibit J
	 	Form of Security Agreement	 	 	 	 
	Exhibit K
	 	Form of Permitted Acquisition Certificate	 	 	 	 

 

vi

 

AMENDED AND RESTATED CREDIT AGREEMENT

This AMENDED AND RESTATED CREDIT AGREEMENT (“Agreement”) is entered into as of August 10,
2010, among INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the
“Borrower”), each lender from time to time party hereto (collectively, the
“Lenders” and individually, a “Lender”), BANK OF AMERICA, N.A., as Administrative
Agent, Swing Line Lender and L/C Issuer, JPMORGAN CHASE BANK, as Syndication Agent, and HSBC Bank
USA, NA, RBC CAPITAL MARKETS, WELLS FARGO, N.A., FIFTH THIRD BANK, DNB NOR BANK ASA and TD BANK,
N.A. as Co-Documentation Agents.

WITNESSETH:

WHEREAS, the Borrower, the Lenders party thereto (the “Existing Lenders”), Bank of
America and the other agents party thereto are parties to that certain Credit Agreement dated as of
December 22, 2005 (as amended by that certain First Amendment dated as of February 15, 2006, that
certain Second Amendment dated as of February 23, 2007, that certain Third Amendment dated as of
June 4, 2007 and that certain Fourth Amendment dated as of September 5, 2007, and as otherwise
amended, supplemented or modified from time to time prior to the date hereof, the “Existing
Credit Agreement”), which provided to the Borrower a revolving credit facility.

WHEREAS, in order to continue the existing indebtedness of the Borrower under the Existing
Credit Agreement and to increase the revolving credit facility and provide a term loan facility,
the Borrower has requested that the Existing Credit Agreement be amended and restated (the
“Amendment and Restatement”), and the Lenders are willing to do so on the terms and
conditions set forth herein;

NOW THEREFORE, 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:

“Acquisition”, by any Person, means the purchase or acquisition in a single
transaction or a series of transactions by any such Person, individually or together with its
Affiliates, of (a) any Equity Interest of another Person (other than a Loan Party) sufficient to
cause such Person to become a direct or indirect Subsidiary of the Borrower or (b) all or a
substantial portion of the Property of another Person (other than a Loan Party), including, without
limitation, all or a substantial portion of the Property comprising a division, business unit or
line of business, whether involving a merger or consolidation with such other Person.
“Acquire” has a meaning correlative thereto.

 

1

 

“Administrative Agent” means Bank of America in its capacity as administrative agent
and collateral agent, as applicable, under any of the Loan Documents, or any successor
administrative agent and collateral agent, as provided in Section 9.06.

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

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

“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.

“Agent Fee Letter” means that certain letter agreement, dated as of June 30, 2010,
between the Borrower and Bank of America.

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

“Agreement” means this Credit Agreement, as amended, amended and restated,
supplemented or otherwise modified from time to time.

“Amendment and Restatement” has the meaning specified in the recitals hereto.

“Applicable Percentage” means (a) in respect of the Term Facility, with respect to any
Term Lender at any time, the percentage (carried out to the ninth decimal place) of the Term
Facility represented by (i) on or prior to the Closing Date, such Term Lender’s Term 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, subject to
adjustment as provided in Section 2.15. 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.

 

2

 

“Applicable Rate” means, from time to time, the following percentages per annum, based
upon 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):

APPLICABLE RATE

Loans, Swing Line Loans and Letters of Credit

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Eurodollar Rate	 	 	Base Rate	 	 	 	 
	Pricing	 	Consolidated Total	 	Loans and Letter of	 	 	Loans and Swing Line	 	 	 	 
	Level	 	Leverage Ratio	 	Credit Fees	 	 	Loans	 	 	Commitment Fee	 
	I
	 	3 3.00 to 1.0	 	 	2.50	%	 	 	1.50	%	 	 	0.500	%
	II
	 	<3.00 to 1.0 but	 	 	2.25	%	 	 	1.25	%	 	 	0.375	%
	 
	 	3 2.00 to 1.0	 	 	 	 	 	 	 	 	 	 	 	 
	III
	 	< 2.00 to 1.0 but	 	 	2.00	%	 	 	1.00	%	 	 	0.375	%
	 
	 	3 1.25 to 1.0	 	 	 	 	 	 	 	 	 	 	 	 
	IV
	 	< 1.25 to 1.0	 	 	1.75	%	 	 	0.75	%	 	 	0.200	%

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,
however, that if a Compliance Certificate is not delivered within 5 Business Days of its
becoming due in accordance with such Section 6.02(b), then Pricing Level I will be
applicable as of the first Business Day after the date on which such Compliance Certificate was
required to be delivered until the date five Business Days after the appropriate Compliance
Certificate is delivered, whereupon the Applicable Rate shall be adjusted based on the information
contained in the Compliance Certificate. The Applicable Rate in effect during the period from the
Closing Date until the first Business Day immediately following the date that the quarterly
Compliance Certificate is delivered for the period ending September 30, 2010 shall be determined
based upon Pricing Level II.

Notwithstanding anything to the contrary contained in this definition, the determination of
the Applicable Rate for any period shall be subject to the provisions of Section 2.10(b).

“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.

“Appropriate Lender” means, at any time, (a) with respect to any Facility, a Lender
that has a Commitment with respect to such Facility or holds a Loan under such Facility 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 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 Bank” has the meaning specified in the definition of “Cash
Equivalents”.

“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.

 

3

 

“Arranger Fee Letters” means collectively, the BAS Arranger Fee Letter and the JPM
Arranger Fee Letter.

“Arrangers” means Banc of America Securities and J.P. Morgan Securities, each in its
capacity as a joint lead arranger and a joint book manager.

“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.

“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, and (b) in respect of any Off-Balance
Sheet Obligation, the capitalized amount of the remaining lease payments under the relevant lease
that would appear on a balance sheet of such Person prepared as of such date in accordance with
GAAP if such lease were accounted for as a Capitalized Lease.

“Audited Financial Statements” means (a) the audited consolidated balance sheets of
the Borrower and its Consolidated Subsidiaries for the fiscal year ended December 31, 2009, and (b)
the related consolidated statements of income or operations, shareholders’ equity and cash flows
for such fiscal year of the Borrower and its Consolidated Subsidiaries, including the notes
thereto.

“Availability Period” means in respect of the Revolving Credit Facility, the period
from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of
termination of all of the Revolving Credit Commitments pursuant to Section 2.06, and (c)
the date of termination of the Revolving Credit 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.

“Banc of America Securities” means Banc of America Securities LLC and its successors.

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

“BAS Arranger Fee Letter” means that certain letter agreement, dated June 30, 2010,
among the Borrower and Bank of America Securities.

“Base Rate” means for any day a fluctuating rate per annum equal to the highest of (a)
the Federal Funds Rate plus 1/2 of 1%, (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,” or (c) the Eurodollar
Rate plus 1.00%. 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 prime 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.

 

4

 

“Base Rate Loan” means a Revolving Credit Loan or a Term Loan that bears interest
based on the Base Rate.

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

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

“Borrowing” means a Revolving Credit Borrowing, a Swing Line Borrowing or a Term
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 is located or the State of New York and, if such day
relates to any Eurodollar Rate Loan, means any such day that is also a London Banking Day.

“Businesses” has the meaning specified in Section 5.13(a).

“Call Option” means one or more call option transactions between Borrower and one or
more investment grade financial institution(s) giving Borrower the right to receive upon exercise a
number of its own issued and outstanding capital stock and/or receive cash (in whole or in part) in
an amount that is intended to be substantially equivalent to the number of shares of capital stock
deliverable to holders of the related series of Convertible Notes or other notes issued as part of
a Convertible Note Issue, as the case may be, or value of such number of shares, as applicable,
above the conversion price pursuant to the terms of the Convertible Note Indenture or the
definitive documentation for the applicable Convertible Note Issue, as the case may be.

“Capital Assets” means, with respect to any Person, all equipment, fixed assets and
real property or improvements of such Person, or replacements or substitutions therefor or
additions thereto, that, in accordance with GAAP, have been or should be reflected as additions to
property, plant or equipment on the balance sheet of such Person.

“Capitalized Lease” means, as applied to any Person, any lease of any Property
(whether real, personal or mixed) by that Person as lessee which, in accordance with GAAP, is or
should be accounted for as a capital lease on the balance sheet of such Person.

“Cash Collateralize” means to pledge and deposit with or deliver to the Administrative
Agent, for the benefit of the Administrative Agent, L/C Issuer or Swing Line Lender (as applicable)
and the Revolving Credit Lenders, as collateral for the L/C Obligations, Obligations in respect of
Swing Line Loans, or obligations of Revolving Credit Lenders to fund participations in respect of
either thereof (as the context may require), cash or deposit account balances or, if the L/C Issuer
or Swing Line Lender benefitting from such collateral shall agree in its sole discretion, other
credit support, in each case pursuant to documentation in form and substance satisfactory to (a)
the Administrative Agent and (b) the L/C Issuer or the Swing Line Lender (as applicable). “Cash
Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds of
such cash collateral and other credit support.

 

5

 

“Cash Equivalents” means:

(a) securities issued or directly and fully guaranteed or insured by the United States
of America or any agency or instrumentality thereof (provided that the full faith
and credit of the United States of America is pledged in support thereof) having maturities
of not more than thirty-six (36) months from the date of acquisition;

(b) marketable obligations issued by any state or commonwealth of the United States of
America rated (at the time of acquisition of such security) at least “AA” by S&P, or the
equivalent thereof by Moody’s, having maturities of not more than thirty-six (36) months
from the date of acquisition;

(c) time deposits (including eurodollar time deposits), certificates of deposit
(including eurodollar certificates of deposit) and bankers’ acceptances of (i) any Lender or
any Affiliate of any Lender, (ii) any commercial bank of recognized standing either
organized under the laws of the United States (or any State or territory thereof) having
capital and surplus in excess of $1,000,000,000 or (iii) any bank whose short term
commercial paper rating (at the time of acquisition of such security) by S&P is at least
“A-1” or the equivalent thereof (any such bank, an “Approved Bank”), in each case
with maturities of not more than six months from the date of acquisition; and

(d) commercial paper and variable or fixed rate notes issued by any Lender or Approved
Bank or by the parent company of any Lender or Approved Bank and commercial paper and
variable rate notes issued by, or guaranteed by, any industrial or financial company
organized under the laws of the United States of America or any state or commonwealth
thereof or the District of Columbia with a short term commercial paper rating (at the time
of acquisition of such security) of at least “A-1” or the equivalent thereof by S&P or at
least “P-1” or the equivalent thereof by Moody’s, or guaranteed by any industrial company
organized under the laws of the United States of America or any state or commonwealth
thereof or the District of Columbia with a long term unsecured debt rating (at the time of
acquisition of such security) of at least “Aa” or the equivalent thereof by Moody’s, and in
each case with maturities of not more than 180 days from the date of acquisition thereof.

“Cash Management Bank” means any party to a Cash Management Services Agreement with
the Borrower or any of its Subsidiaries which party was a Lender or an Affiliate of a Lender under
this Agreement at the time it entered into such Cash Management Services Agreement.

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

“Casualty” means any casualty or other loss, damage or destruction.

 

6

 

“Change in Law” means (a) any change arising from the enactment or enforcement of the
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, as amended, or any rules,
regulations, interpretations, guidelines or directives promulgated thereunder, and (b) the
occurrence, after the date of this Agreement, of any of the following: (i) the adoption or
taking effect of any law, rule, regulation or treaty, (ii) any change in any law, rule, regulation
or treaty or in the administration, interpretation or application thereof by any Governmental
Authority or (iii) 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) during any period of 24 consecutive months, a majority of the members of the board
of directors or other equivalent governing body of the Borrower 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 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

(b) 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
Borrower, or control over Voting Securities of the Borrower on a fully-diluted basis
assuming the conversion and/or exercise of all outstanding Equity Interests of the Borrower
owned by such Person or Persons representing 30% or more of the combined voting power of
such Voting Securities.

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

“Code” means the Internal Revenue Code of 1986, as amended.

“Collateral” means all the “Collateral” referred to in the Collateral Documents and
any other assets and property that are or are intended under the terms of the Collateral Documents
to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties;
provided, that, the parties acknowledge that assets and property acquired after the
Closing Date, as permitted herein or otherwise, of the type described in the Collateral Documents
are and shall be pledged to the Administrative Agent for the benefit of the Secured Parties as
contemplated by Sections 6.11 and 6.12.

 

7

 

“Collateral Documents” means, collectively, the Security Agreement, the Pledge
Agreement and any other security agreements, pledge agreements or similar instruments delivered to
the Administrative Agent as collateral agent from time to time pursuant to Sections 6.11
and 6.12, and each other agreement, instrument or document that creates or purports to
create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties.

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

“Commitment Fee” has the meaning specified in Section 2.09(a).

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

“Condemnation” means any taking of Property, or any part thereof or interest therein,
for public or quasi-public use under the power of eminent domain, by reason of any public
improvement or condemnation proceeding, or in any other manner.

“Condemnation Award” means all proceeds of any Condemnation or transfer in lieu
thereof.

“Consolidated Capital Expenditures” means, for any period for any Person and its
Subsidiaries determined on a consolidated basis, without duplication (a) all expenditures made
directly or indirectly during such period for Capital Assets (whether paid in cash or other
consideration or accrued as a liability and including, without limitation, all expenditures for
maintenance and repairs which are required, in accordance with GAAP, to be capitalized on the books
of such Person) and (b) solely to the extent not otherwise included in clause (a) of this
definition, the aggregate principal amount of all Indebtedness (including, without limitation,
obligations in respect of Capitalized Leases) assumed or incurred during such period in connection
with any such expenditures for Capital Assets. For purposes of this definition, (i) Permitted
Acquisitions shall not be included in Consolidated Capital Expenditures, and (ii) the purchase
price of equipment that is purchased simultaneously with the trade-in of existing equipment or with
Insurance Proceeds shall be included in Consolidated Capital Expenditures only to the extent of the
gross amount by which such purchase price exceeds the credit granted by the seller of such
equipment for the equipment being traded in at such time or the amount of such Insurance Proceeds,
as the case may be.

“Consolidated Cash Interest Charges” means for any period, for any Person and its
Subsidiaries determined on a consolidated basis, Consolidated Interest Charges for such period;
provided that all non-cash interest expense shall be excluded.

“Consolidated Cash Taxes” means, for any period, for any Person and its Subsidiaries
determined on a consolidated basis, the aggregate amount of all income taxes of such Person,
determined on a consolidated basis to the extent the same are paid in cash by such Person during
such period.

 

8

 

“Consolidated EBITDA” means, for any period, for any Person and its Subsidiaries
determined on a consolidated basis, an amount equal to Consolidated Net Income for such
period, plus (a) the following to the extent deducted in calculating such Consolidated
Net Income: (i) Consolidated Interest Charges for such period; (ii) the provision for federal,
state, local and foreign income taxes payable for such period; (iii) depreciation and amortization
expense; and (iv) other expenses and all equity compensation charges reducing Consolidated Net
Income which do not represent a cash item in such period or any future period; plus (b)
Permitted Cost Savings, and minus (c) the following to the extent included in calculating
such Consolidated Net Income: (i) Federal, state, local and foreign income tax credits of the
Borrower and its Subsidiaries for such period and (ii) all non-cash items increasing Consolidated
Net Income for such period. Consolidated EBITDA is subject to calculation on a Pro Forma Basis in
accordance with the provisions in Section 1.03.

“Consolidated EBITDAR” means, for any period, for any Person and its Subsidiaries
determined on a consolidated basis, an amount equal to Consolidated EBITDA for such period,
plus, to the extent deducted in calculating Consolidated Net Income for such period, Rental
Expense for such period.

“Consolidated Fixed Charge Coverage Ratio” means, for any period, the ratio of (a)
Consolidated EBITDAR for such period minus Consolidated Capital Expenditures in excess of
$40,000,000 for such period to (b) Consolidated Fixed Charges for such period.

“Consolidated Fixed Charges” means, for any period for any Person and its Subsidiaries
on a consolidated basis, the sum of (a) Consolidated Cash Interest Charges for such period
plus (b) Consolidated Scheduled Debt Payments for such period plus (c) Consolidated
Cash Taxes for such period plus (d) Rental Expense for such period. Consolidated Fixed
Charges are subject to calculation on a Pro Forma Basis in accordance with the provisions of
Section 1.03.

“Consolidated Funded Indebtedness” means, for any Person and its Subsidiaries
determined on a consolidated basis, as of any date of determination, the sum of (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 (except as provided in clause (d)
below), (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 but including earn-outs that are earned and
determinable but not yet due and payable), (e) Attributable Indebtedness in respect of Capitalized
Leases and Off-Balance Sheet Obligations, (f) without duplication all Guarantees with respect to
outstanding Indebtedness of the types specified in clauses (a) through (e) above, 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 (except for customary exceptions to non-recourse provisions such as fraud,
misappropriation of funds and environmental liabilities) to such Person or any such Subsidiary;
provided, however, that for the purposes of Section 7.17(a) only,
Consolidated Funded Indebtedness shall be calculated net of available, unrestricted cash as set
forth on the most recent balance sheet of the Borrower and its Consolidated Subsidiaries delivered
pursuant to Section 6.01(a) and (b) in excess of $40,000,000.

 

9

 

“Consolidated Interest Charges” means, for any period, for any Person and its
Subsidiaries determined on a consolidated basis, the sum of (a) all interest, premium payments,
debt discount, loan fees, charges and related expenses in connection with Indebtedness (including
capitalized interest), in each case to the extent treated as interest in accordance with GAAP, and
(b) the portion of rent expense with respect to such period under Capitalized Leases that is
treated as interest in accordance with GAAP.

“Consolidated Net Income” means, for any period, for any Person and its Subsidiaries
determined on a consolidated basis, the net income (excluding extraordinary gains but including
extraordinary cash losses other than losses related to the Permitted Swap Termination and fees
related to the Convertible Note Exchange) of such Person for that period.

“Consolidated Scheduled Debt Payments” means, for any period for any Person and its
Subsidiaries determined on a consolidated basis, the sum of all scheduled payments of principal on
Consolidated Funded Indebtedness for such period (including, without limitation, the principal
component of Capitalized Leases paid or payable during such period); provided that
Consolidated Scheduled Debt Payments for any period shall not include (i) voluntary prepayments of
Consolidated Funded Indebtedness, (ii) mandatory prepayments of Consolidated Funded Indebtedness,
or (iii) any balloon, bullet or similar final payment (including payments under the Loan Documents
that are due on the Maturity Date).

“Consolidated Subsidiary” means with respect to any Person at any date any Subsidiary
of such Person or other entity the accounts of which would be consolidated with those of such
Person in its consolidated financial statements if such statements were prepared as of such date in
accordance with GAAP.

“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 for the period
of the four consecutive fiscal quarters most recently ended.

“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.

“Convertible Note Exchange” means a transaction exchanging the Convertible Notes or
any other notes related to a Convertible Note Issue for substantially similar securities (i)
permitting net share settlement, (ii) in an aggregate principal amount no greater than that of the
Convertible Notes as of the date of exchange, and (iii) containing only those incentives to induce
holders thereof to participate in such exchange as are commercially reasonable.

“Convertible Note Indenture” means that certain Indenture, dated as of June 11, 2007,
between the Borrower and Wells Fargo Bank, N.A., as Trustee.

 

10

 

“Convertible Note Issue” means an issuance of Indebtedness or Equity Interests (other
than the Convertible Notes) pursuant to Section 7.03(f), (h), (k) or
(l) that is convertible into Qualified Equity Interests.

“Convertible Notes” means those certain 2.375% Senior Convertible Notes due 2012,
issued by the Borrower pursuant to Convertible Note Indenture, in the principal amount of
$165,000,000, and any securities issued in exchange therefor in accordance with this 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 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 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.

“Default Rate” means an interest rate equal to (a) in the case of Eurodollar Rate
Loans, the sum of (i) the Eurodollar Rate for such Loans, plus (ii) the Applicable Rate
applicable to such Loans, plus (iii) 2% per annum, (b) in the case of the Letter of Credit
Fees, a rate equal to (i) the Applicable Rate plus 2% per annum, (c) in the case of Base
Rate Loans and for all other Obligations, the sum of (i) the Base Rate plus (ii) the
Applicable Rate applicable to Base Rate Loans, plus (iii) 2% per annum.

“Defaulting Lender” means, subject to Section 2.15(b), any Lender that, as
determined by the Administrative Agent, (a) has failed to perform any of its funding obligations
hereunder, including in respect of its Loans or, in the case of any Revolving Credit Lender, its
participations in respect of Letters of Credit or Swing Line Loans, within one Business Day of the
date required to be funded by it hereunder, unless such obligation is the subject of a good faith
dispute, (b) has notified the Borrower, or the Administrative Agent that it does not intend to
comply with its funding obligations or has made a public statement to that effect with respect to
its funding obligations hereunder or under other agreements in which it commits to extend credit,
(c) has failed, within three Business Days after request by the Administrative Agent, to confirm in
a manner satisfactory to the Administrative Agent that it will comply with its funding obligations,
or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a
proceeding under any Debtor Relief Law, (ii) had a receiver, conservator, trustee, administrator,
assignee for the benefit of creditors or similar Person charged with reorganization or liquidation
of its business or a custodian appointed for it, or (iii) taken any action in furtherance of, or
indicated its consent to, approval of or acquiescence in any such proceeding or appointment;
provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership of, or
acquisition by, a Governmental Authority, of any equity interest in that Lender or any direct or
indirect parent company thereof.

 

11

 

“Disposition” or “Dispose” means the sale, transfer, license, lease, Casualty
or Condemnation or other disposition (including any Sale and Leaseback Transaction or any sale of
any Equity Interest of any Subsidiary) of any property by any Person, including any sale,
assignment, transfer or other disposal, with or without recourse, of any notes issued by any other
Person or accounts receivable or any rights and claims associated therewith or any capital stock
of, or other Equity Interests in, any other Person; provided that the foregoing shall not
be deemed to imply that any such disposition is permitted under this Agreement. The term
“Disposition” shall not include any Equity Issuance.

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

“Domestic Subsidiary” means a Subsidiary that is organized under the Laws of a
political subdivision of the United States.

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

“Engagement Letter” means the engagement letter agreement dated June 30, 2010, among
the Borrower and the Arrangers.

“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 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
Borrower or any of its 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.

“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.

 

12

 

“Equity Issuance” means any issuance by the Borrower or any of its Subsidiaries of any
capital stock or other Equity Interests to any Person or receipt by the Borrower or any of its
Subsidiaries of a capital contribution from any Person, including the issuance of Equity Interests
pursuant to the exercise of options or warrants and the conversion of any Indebtedness to equity;
provided that the foregoing shall not be deemed to imply that any such issuance is
permitted under this Agreement.

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

“ERISA Affiliate” means any trade or business (whether or not incorporated) under
common control with the Borrower or any of its Subsidiaries 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) the
withdrawal of the Borrower or any of its Subsidiaries or any ERISA Affiliate from a Pension Plan
subject to Section 4063 of ERISA during a plan year in which such entity 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 (within the
meaning of Sections 4203 and 4205 of ERISA) by the Borrower or any of its Subsidiaries or any ERISA
Affiliate from a Multiemployer Plan resulting in withdrawal liability to the Borrower or any of its
Subsidiaries or any ERISA Affiliate under Section 4201 of ERISA, or notification to the Borrower or
any of its Subsidiaries or any ERISA Affiliate that a Multiemployer Plan is in reorganization
within the meaning of Section 4241 of ERISA; (d) the filing of a notice of intent to terminate a
Pension Plan or the treatment of a Pension Plan amendment as a termination under Section 4041 or
4041A of ERISA; (e) the institution by the PBGC of proceedings to terminate a Pension Plan; (f) any
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; (g) the determination that any
Pension Plan is considered an at-risk plan or a plan in endangered or critical status within the
meaning of Sections 430, 431 and 432 of the Code or Sections 303, 304 and 305 of ERISA; or (h) 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 Borrower or any ERISA Affiliate.

“Eurodollar Rate” means:

(a) for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal
to (i) the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters
(or such other commercially available source providing quotations of BBA LIBOR as may be designated
by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two London
Banking Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery
on the first day of such Interest Period) with a term equivalent to such Interest Period or, (ii)
if such rate is not available at such time for any reason, the rate per annum determined by the
Administrative Agent to be the rate at which deposits in Dollars 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 and with a term equivalent to such Interest Period would be offered by
Bank of America’s London Branch to major banks in the
London interbank eurodollar market at their request at approximately 11:00 a.m. (London time)
two London Banking Days prior to the commencement of such Interest Period; and

 

13

 

(b) for any interest calculation with respect to a Base Rate Loan on any date, the rate per
annum equal to (i) BBA LIBOR, at approximately 11:00 a.m., London time determined two London
Banking Days prior to such date for Dollar deposits being delivered in the London interbank market
for a term of one month commencing that day or (ii) if such published rate is not available at such
time for any reason, the rate per annum determined by the Administrative Agent to be the rate at
which deposits in Dollars for delivery on the date of determination in same day funds in the
approximate amount of the Base Rate Loan being made or maintained and with a term equal to one
month would be offered by Bank of America’s London Branch to major banks in the London interbank
Eurodollar market at their request at the date and time of determination.

“Eurodollar Rate Loan” means a Revolving Credit Loan or a Term Loan that bears
interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

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

“Excluded Subsidiaries” means (a) all
 Foreign Subsidiaries and (b) each Domestic
Subsidiary that (i) either (x) does not directly own a
majority of the Equity Interests in any Foreign Subsidiary or (y)
the Equity Interests and related “Collateral” (as defined in
the Pledge Agreement) of such Domestic Subsidiary are pledged pursuant
to the Pledge Agreement, and (ii) is designated
by the Borrower as an “Excluded Subsidiary”; provided, that, as of any date of
determination, the Consolidated EBITDA during the four consecutive fiscal quarters most recently
ended of all Domestic Subsidiaries that are designated as Excluded Subsidiaries shall not exceed
five percent (5.0%) of the Consolidated EBITDA during such period of the Borrower and its
consolidated Domestic Subsidiaries. As of the Closing Date, each of the Domestic Subsidiaries
listed in part A of Schedule 1.01 is designated as an Excluded Subsidiary in accordance
with (and, for the avoidance of doubt, not as an exception to) clause (b) of this definition.

“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 the
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 the Borrower is located, (c) any backup withholding
tax that is required by applicable Law to be withheld from amounts payable to a Lender that has
failed to comply with clause (A) of Section 3.01(e)(ii), and (d) in the case of a Foreign
Lender, any United States withholding tax that (i) is required to be imposed on amounts payable to
such Foreign Lender pursuant to the Laws in force at the time such Foreign Lender becomes a party
hereto (or designates a new Lending Office) or (ii) 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 Borrower with respect to such withholding tax pursuant to Section 3.01(a)(ii) or
Section 3.01(c).

 

14

 

“Executive Officer” means (i) with respect to the Borrower, those officers with titles
of president, chief executive officer, executive vice-president and senior vice-president, and
(ii) with respect to any other Loan Party, those officers with titles of president, chief executive
officer and vice president.

“Existing Credit Agreement” has the meaning specified in the recitals hereto.

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

“FASB ASC” means the Accounting Standards Codification of the Financial Accounting
Standards Board.

“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 Letters” means, collectively, the Arranger Fee Letters and the Agent Fee Letter.

“Foreign Lender” means any Lender that is organized under the Laws of a jurisdiction
other than that in which the Borrower is resident for tax purposes (including such a Lender when
acting in the capacity of the L/C Issuer). 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 Subsidiary” means a Subsidiary that is not organized under the Laws of a
political subdivision of the United States or a state thereof.

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

“Fronting Exposure” means, at any time there is a Defaulting Lender that is a
Revolving Credit Lender, (a) with respect to the L/C Issuer, such Defaulting Lender’s Applicable
Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such
Defaulting Lender’s participation obligation has been reallocated to other Revolving Credit Lenders
or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Line
Lender, such Defaulting Lender’s Applicable Percentage of Swing Line Loans other than Swing Line
Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other
Revolving Credit Lenders or Cash Collateralized in accordance with the terms hereof.

 

15

 

“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 activities.

“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 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(g).

“Guarantee” means, as to any Person, (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 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); provided,
that, the term Guarantee shall not include (i) endorsements of instruments for collection
in the ordinary course, (ii) customary exceptions to non-recourse provisions such as fraud,
misappropriation of funds and environmental liabilities or (iii) assurances relating to
environmental matters. 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.

 

16

 

“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.

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

“Increase Effective Date” has the meaning specified in Section 2.16.

“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) the maximum amount of all direct or contingent obligations of such Person arising
under letters of credit (including standby and commercial), bankers’ acceptances, bank
guaranties, surety bonds and similar instruments;

(c) net payment 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);

(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) Capitalized Leases and Off-Balance Sheet Obligations 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,
valued, in the case of a redeemable preferred interest, at the greater of its voluntary or
involuntary liquidation preference plus accrued and unpaid dividends;

(h) all Indebtedness in respect of any of the foregoing of another Person secured by
(or for which the holder of such Indebtedness has an existing right, contingent or
otherwise, to be secured by) any Lien on the property, including, without limitation,
accounts and contract rights owned by such Person, even though such Person has not assumed
or become liable for such Indebtedness; and

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

 

17

 

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 in an amount
proportionate to such Person’s interest therein, unless such Indebtedness is expressly made
non-recourse to such Person (subject to customary exceptions to non-recourse provisions such as
fraud, misappropriation of funds and environmental liabilities) or except to the extent such
Indebtedness is owed by such partnership or joint venture 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. The amount of any Capitalized Lease or Off-Balance Sheet Obligation as of
any date shall be deemed to be the amount of Attributable Indebtedness in respect 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.

“Insurance Proceeds” means all insurance proceeds (other than business interruption
insurance proceeds), damages, awards, claims and rights of action with respect to any Casualty.

“Intercompany Notes” means the promissory notes issued as contemplated by Section
7.02(d), substantially in the form of Exhibit A to the Pledge Agreement or any intercompany
loan agreement in form and substance reasonably satisfactory to the Administrative Agent.

“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; provided, however,
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), the last Business
Day of each March, June, September and December and the Maturity Date (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 six months thereafter, as selected by the Borrower in the
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, in the case of a Eurodollar
Rate Loan, such Business Day falls in another calendar month, in which case such Interest
Period shall end on the immediately preceding Business Day;

(b) any Interest Period pertaining to a Eurodollar Rate Loan 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.

 

18

 

“Internal Control Event” means a material weakness in, or fraud that involves officers
who have a significant role in and involving, the Borrower’s internal control 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 equity participation or interest in, another
Person, including any partnership or joint venture interest in such other Person and any
arrangement pursuant to which the investor Guarantees Indebtedness of such other Person, or (c) the
purchase or other acquisition (in one transaction or a series of transactions) of assets of another
Person that constitute a division, business unit or line of business. 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 5.11.

“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, Inc. (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
Borrower (or any Subsidiary) or in favor of the L/C Issuer and relating to any such Letter of
Credit.

“Joinder Agreement” means a joinder agreement executed and delivered in accordance
with the provisions of Section 6.11, substantially in the form of Exhibit G hereto.

“JPMorgan Securities” means J.P. Morgan America Securities Inc. and its successors.

“JPM Arranger Fee Letter” means that certain letter agreement, dated July 8, 2010,
among the Borrower and JPMorgan Securities.

“Laws” means, collectively, all international, foreign, Federal, state and local
statutes, treaties, rules, guidelines, regulations, ordinances, codes, administrative or judicial
precedents or authorities and executive orders, 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 (including, without limitation, under the Federal Food,
Drug and Cosmetic Act, the Safe Medical Devices Act of 1990, the FDA Modernization Act of 1997, and
additional laws and regulations relating to medical devices promulgated by various governments and
governmental agencies, the International Standards Organization’s regulations and registration
requirements and the European Medical Device Directives).

 

19

 

“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.

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

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

“L/C Issuer” means, individually or collectively as the context may indicate, (a) Bank
of America in its capacity as issuer of Letters of Credit hereunder or any successor to Bank of
America in its capacity as an issuer of Letters of Credit hereunder and (b) any other Revolving
Credit Lender, selected by the Borrower (with the consent of the Administrative Agent) to be an
issuer of Letters of Credit hereunder, or any successor to such Lender in its capacity as an 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 1.06. For 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 remaining to be drawn.

“Lender” has the meaning specified in the introductory paragraph hereto and, as the
context requires, includes each Lender with a commitment to make Loans as designated in Section
2.01 or in an Assignment and Assumption pursuant to which such Lender becomes a party hereto;
provided that references to “Lenders” shall include Bank of America in its capacity as the
Swing Line Lender; for purposes of clarification only, to the extent that the Swing Line Lender may
have rights and obligations in addition to those of the other Lenders due to its status as Swing
Line Lender, its status as such will be specifically referenced.

“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
to which a Lender may from time to time notify the Borrower and the Administrative Agent.

“Letter of Credit” means any standby letter of credit issued hereunder.

“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 (modified to
the extent that the terms thereof conflict with the terms hereof).

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

 

20

 

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

“Letter of Credit Sublimit” means an amount equal to the lesser of (a) $40,000,000 and
(b) the Revolving Credit Commitments. The Letter of Credit Sublimit is part of, and not in
addition to, the Revolving Credit Facility.

“License” means any license, certification, accreditation, consent, permit or other
authorization or approval which is required to be obtained from any Governmental Authority in
connection with the operation of the Borrower and its Subsidiaries, including the development,
testing, marketing, manufacturing and pricing and sale of medical devices.

“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 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).

“Liened Property” has the meaning specified in Section 6.11.

“Liquidity” means, as of any date, an amount which equals the sum of the aggregate
amount of cash and Cash Equivalents as of such date of the Borrower and its Subsidiaries that is
not subject to any restriction regarding the use or investment thereof (except as provided in
customary investment account agreements), and (b) the Revolving Credit Commitments minus
the Total Revolving Credit Outstandings as of such date.

“Loan” means an extension of credit by a Lender to the Borrower under Article
II in the form of a Term Loan, a Revolving Credit Loan, a Swing Line Loan or L/C Advance. Each
Loan may be divided into tranches which are Base Rate Loans or Eurodollar Rate Loans (each a
“Type” of Loan).

“Loan Documents” means this Agreement, the Notes, each Issuer Document, each Secured
Swap Contract, each Secured Cash Management Services Agreement, the Fee Letters, the Subsidiary
Guaranty, the Collateral Documents, and any agreement creating or perfecting rights in Cash
Collateral pursuant to the provisions of Section 2.14 and all other documents delivered to
the Administrative Agent, the L/C Issuer or any Lender in connection herewith or therewith relating
specifically to the Obligations.

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

“Loan Party” means, the Borrower and each Subsidiary Guarantor, and “Loan
Parties” means any combination of the foregoing.

“London Banking Day” means any day on which dealings in Dollar deposits are conducted
by and between banks in the London interbank eurodollar market.

 

21

 

“Master Agreement” has the meaning specified in the definition of “Swap
Contract”.

“Material Adverse Effect” means (a) a material adverse effect upon, the operations,
business, properties, liabilities (actual or contingent) or financial condition of the Borrower and
its Subsidiaries taken as a whole, (b) a material adverse effect on the ability of any Loan Party
to perform its obligations under any Loan Document to which it is a party, (c) a material adverse
effect upon the legality, validity or binding effect of any Loan Document, or (d) a material
adverse effect upon the Lien of any Collateral Document or a material adverse effect on the rights,
powers, or remedies of the Administrative Agent or any Lender under any Loan Document. Solely for
purposes of this definition, “Loan Documents” shall be deemed to exclude Secured Cash Management
Services Agreements and Secured Swap Contracts.

“Material Contract” means, with respect to any Loan Party, (a) each credit agreement,
capital lease or other agreement related to any Indebtedness of any Loan Party in a face amount
greater than $15,000,000 (other than the Loan Documents), (b) each Swap Contract to which any Loan
Party is a party where the notional amount of such Swap Contract exceeds $15,000,000, and (c) any
voting or shareholder’s agreement related to the Equity Interest in any Person to which any Loan
Party is a party.

“Maturity
Date” means August  10, 2015.

“Minority Equity Interests” means Equity Interests in a Person that is not a
Subsidiary of the Borrower (or any of its Subsidiaries) owned by any Loan Party as of the Closing
Date or otherwise acquired by any Loan Party after the Closing Date as a result of a Permitted
Acquisition.

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

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

“Multiple Employer Plan” means a Plan which has two or more contributing sponsors
(including the Borrower or any ERISA Affiliate) at least two of whom are not under common control,
as such a plan is described in Section 4064 of ERISA.

“Net Cash Proceeds” means:

(a) with respect to any Disposition by the Borrower or any of its Subsidiaries, the
excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such
transaction (including any cash or Cash Equivalents received by way of deferred payment
pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so
received) over (ii) the sum of (A) the principal amount of any Indebtedness that is secured
by the applicable asset and that is required to be repaid in connection with such
transaction (other than Indebtedness under the Loan Documents), (B) the reasonable and
customary out-of-pocket expenses incurred by the Borrower or such Subsidiary in connection
with such transaction and (C) income taxes reasonably
estimated to be actually payable within two years of the date of the relevant
transaction as a result of any gain recognized in connection therewith; provided that, if
the amount of any estimated taxes pursuant to subclause (C) exceeds the amount of taxes
actually required to be paid in cash in respect of such Disposition, the aggregate amount of
such excess shall constitute Net Cash Proceeds; and

 

22

 

(b) with respect to the incurrence or issuance of any Indebtedness by the Borrower or
any of its Subsidiaries, the excess of (i) the sum of the cash and Cash Equivalents received
in connection with such transaction over (ii) the underwriting discounts and commissions,
and other reasonable and customary out-of-pocket expenses, incurred by the Borrower or such
Subsidiary in connection therewith.

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

“Obligations” means all advances to, and debts, liabilities, obligations, indemnities,
covenants and duties of, any Loan Party arising under any Loan Document (including any Secured Swap
Contract and any Secured Cash Management Services Agreement entered into after the date of this
Agreement) 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. Without limiting the generality of the foregoing, the
Obligations of any Loan Party under the Loan Documents include (a) the obligation to pay principal,
interest, Letter of Credit commissions, charges, expenses, fees, attorney fees and disbursements,
indemnities and other amounts payable by any Loan Party under any Loan Document and (b) the
obligations of any Loan Party to reimburse any amount in respect of any of the foregoing that any
Lender, in its sole discretion, may elect to pay or advance on behalf of any Loan Party. The
Obligations shall be “Designated Senior Indebtedness” pursuant to and for purposes of the
Convertible Note Indenture.

“Off-Balance Sheet Obligation” means any transaction, agreement or other contractual
arrangement to which an entity unconsolidated with the Borrower is a party, under which the
Borrower has:

(a) any obligation under a guarantee contract that has any of the characteristics
identified in FASB ASC 460-10-15-4;

(b) a retained or contingent interest in assets transferred to an unconsolidated entity
or similar arrangement that serves as credit, liquidity or market risk support to such
entity for such assets;

(c) any obligation, including a contingent obligation, under a contract that would be
accounted for as a derivative instrument, except that it is both indexed to the Borrower’s
own stock and classified in stockholders’ equity in the Borrower’s statement of financial
position, as described in FASB ASC 815-10-15-74; or

 

23

 

(d) any obligation, including a contingent obligation, arising out of a variable
interest (as defined in the FASB ASC Master Glossary) in an unconsolidated entity that is
held by, and material to, the Borrower, where such entity provides financing, liquidity,
market risk or credit risk support to, or engages in leasing, hedging or research and
development services with, the Borrower or its Subsidiaries.

“Operating Lease” means, as applied to any Person, any lease (including, without
limitation, leases that may be terminated by the lessee at any time) of any Property that is not a
Capitalized Lease other than any such lease in which that Person is the lessor.

“Organization Documents” means (a) with respect to any corporation, the certificate or
articles of incorporation and the bylaws, (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
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 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.

“Outstanding Amount” means (a) with respect to Term Loans, Revolving Credit Loans and
Swing Line Loans on any date, the aggregate outstanding principal amount thereof after giving
effect to any borrowings and prepayments or repayments of Term Loans, Revolving Credit Loans and
Swing Line Loans, as the case may be, occurring on such date, and (b) with respect to any L/C
Obligations on any date, the 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 Borrower of
Unreimbursed Amounts.

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

“PBGC” means the Pension Benefit Guaranty Corporation.

“Pension Act” means the Pension Protection Act of 2006.

“Pension Funding Rules” means the rules of the Code and ERISA regarding minimum
required contributions (including any installment payment thereof) to Pension Plans and set forth
in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412
of the Code and Section 302 of ERISA, each as in effect prior to the Pension Act and, thereafter,
Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA.

“Pension Plan” means any employee pension benefit plan (including a Multiple Employer
Plan or a Multiemployer Plan) that is maintained or is contributed to by the Borrower
and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the
minimum funding standards under Section 412 of the Code.

 

24

 

“Permitted Acquisitions” means any Acquisition; provided that (a) the Property
acquired (or the Property of the Person acquired) in such Acquisition shall be used or useful in
the same or similar line of business as the Loan Parties on the Closing Date, including activities
ancillary, related or complementary thereto, (b) after giving effect to any Acquisition on a Pro
Forma Basis, the total equity and debt investments of the Borrower and its Domestic Subsidiaries in
the Foreign Subsidiaries does not exceed fifty percent (50%) of the aggregate book value of the
total assets of the Borrower and its Domestic Subsidiaries, all as determined in accordance with
GAAP, (c) in the case of an Acquisition of the Equity Interests of another Person, the board of
directors (or other comparable governing body) of such other Person shall have duly approved such
Acquisition, (d) no Event of Default has occurred and is continuing or would result therefrom, (e)
the Borrower and its Consolidated Subsidiaries shall be in compliance with Section 7.17 on
a Pro Forma Basis after giving effect to such Acquisition, (f) the Acquisition shall not involve an
interest in a general partnership or joint venture or have a requirement that any Loan Party be a
general or joint venture partner other than in compliance with Section 7.16, (g) the Loan
Parties shall, and shall cause the party that is the subject of the Acquisition to, execute and
deliver such joinder and pledge agreements, security agreements and intercompany notes and take
such other actions as may be necessary for compliance with the provisions of Sections 6.11
and 6.12, (h) the aggregate consideration (including cash and non-cash consideration (other
than non-cash consideration in the form of Qualified Equity Interests issued by the Borrower in
accordance with Section 7.02(l) but including the maximum amount of any earn-out or similar
deferred payment that will or could become due as a result of such Acquisition)) for each
Acquisition (or a series of related Acquisitions) is less than or equal to $250,000,000, and (i)
the Borrower shall have delivered to the Administrative Agent (1) with respect to any Acquisition
in excess of $50,000,000, (x) a Permitted Acquisition Certificate signed by a Responsible Officer
of the Borrower demonstrating compliance with the financial covenants hereunder after giving effect
to the subject Acquisition on a Pro Forma Basis, and reaffirming that the representations are true
and correct in all material respects as of such date, except those representations and warranties
made as of a date certain, which shall remain true and correct in all material respects as of such
date and providing supplements to the Schedules as required by the Compliance Certificate and (y)
within 5 Business Days following the closing of such Acquisition, a certificate of a Responsible
Officer of the Borrower describing the Person to be acquired, including, without limitation, the
location and type of operations and key management, (2) with respect to any Acquisition, a
Permitted Acquisition Certificate executed by a Responsible Officer of the Borrower certifying
compliance with clause (h) of this definition and (3) with respect to any Acquisition in excess of
$100 million (i) that is an Acquisition of Equity Interests, all financial statements for the full
fiscal year preceding acquisition, as well as the most recent interim statements of the party that
is subject to the Acquisition or (ii) that is an Acquisition of assets, all material financial
information for the full fiscal year preceding such Acquisition obtained by the Borrower or its
Subsidiaries with respect to the assets subject to the Acquisition.

“Permitted Acquisition Certificate” means a certificate of the Borrower substantially
in the form of Exhibit K.

 

25

 

“Permitted Cost Savings” means, for any period, projected or anticipated future
synergies, cost savings and restructuring charges expected to arise from any Permitted Acquisition
for such period so long as and only to the extent that such future synergies, cost savings and
restructuring charges either (a) are permitted to be included as pro forma adjustments under
Regulation S-K or Regulation S-X whether or not the pro forma reporting is required under
applicable law or (b) are certified in writing by the Borrower, so long as (i) such synergies, cost
savings and restructuring charges are reasonably expected to be realized within twelve (12) months
after such Permitted Acquisition, (ii) the aggregate amount of all synergies, cost savings and
restructuring charges added back to Consolidated EBITDA of the Borrower and its consolidated
Subsidiaries during such period does not exceed $15,000,000 and (iii) the aggregate amount of such
cost savings or synergies with respect to such Permitted Acquisition does not exceed the greater of
(A) 25% of the Consolidated EBITDA (excluding clause (b) of the definition thereof) of any and all
Persons acquired or, in the case of an asset Acquisition, that is fairly attributable to the assets
acquired as a result of such Permitted Acquisition, and (B) $5,000,000.

“Permitted Liens” has the meaning specified in Section 7.01.

“Permitted Swap Termination” means the termination of the Swap Contract to which
Borrower is a party on the Closing Date.

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

“Plan” means (i) any “employee benefit plan” within the meaning of Section 3(3) of
ERISA other than a Multiemployer Plan, maintained for employees of the Borrower or any Subsidiary
(or, with respect to any “employee benefit plan” that is a Pension Plan, maintained for employees
of the Borrower or any ERISA Affiliate) or (ii) any such “employee benefit plan” to which the
Borrower or any Subsidiary (or, with respect to a Pension Plan, any ERISA Affiliate) is required to
contribute on behalf of any of its employees.

“Platform” has the meaning specified in Section 6.02.

“Pledge Agreement” means the Amended and Restated Pledge Agreement executed by the
Borrower, the Subsidiary Guarantors and the Administrative Agent in accordance with the provisions
of this Agreement, which Pledge Agreement shall be substantially in the form of Exhibit I
hereto.

“Pro Forma Basis” means for purposes of calculating any financial ratio for any
Reference Period for the purpose specified in Section 1.03(c), and each such transaction
actually consummated in such Reference Period, that such financial ratio or financial amount shall
be calculated on a pro forma basis based on the following assumptions: (A) each such transaction
shall be deemed to have occurred on the first day of such Reference Period; (B) any funds to be
used by any Person in consummating any such transaction will be assumed to have been used for that
purpose as of the first day of such Reference Period; (C) any Indebtedness to be incurred or repaid
by any Person in connection with the consummation of any such transaction will be assumed to have
been incurred or repaid on the first day of such Reference Period; (D) the gross
interest expenses, determined in accordance with GAAP, with respect to such Indebtedness
assumed to have been incurred on the first day of such Reference Period that bears interest at a
floating rate shall be calculated at the current rate (as of the date of such calculation) under
the agreement governing such Indebtedness (including this Agreement if the Indebtedness is incurred
hereunder); and (E) any gross interest expense, determined in accordance with GAAP, with respect to
Indebtedness outstanding during such Reference Period that was or is to be refinanced with proceeds
of a transaction assumed to have been incurred as of the first day of the Reference Period will be
excluded from such calculations.

 

26

 

“Property” means any interest in any kind of property or asset, whether real, personal
or mixed, or tangible or intangible.

“Public Lender” has the meaning specified in Section 6.02.

“Qualified Equity Interest” means (i) with respect to the Borrower, any Equity
Interest other than Equity Interests (x) that constitute Indebtedness or are convertible or
exchangeable into, or are redeemable for, Equity Interests that constitute Indebtedness;
provided, that, the foregoing shall not exclude Equity Interests that accrue
dividends that are not payable until the indefeasible payment in cash in full of all Obligations
and the termination of all Commitments hereunder or (y) that otherwise, by its terms (or by the
terms of any security into which it is convertible or for which it is exchangeable or exercisable),
upon the happening of any event or otherwise (A) matures or is mandatorily redeemable or subject to
any mandatory repurchase requirement, pursuant to a sinking fund obligation or otherwise (other
than by virtue of a liquidation preference that would be entitled to payments or distributions only
after Obligations have been indefeasibly repaid in full in cash and all Commitments have been
terminated), (B) is convertible into or exchangeable or exercisable for Indebtedness or any other
Equity Interest that is not a Qualified Equity Interest, or (C) is redeemable or subject to any
mandatory repurchase requirement at the option of the holder thereof, in whole or in part, other
than redemption or repurchase after the Obligations have been indefeasibly repaid in full in cash
and all Commitments have been terminated and (ii) with respect to any Subsidiary of the Borrower,
common stock or other common Equity Interests.

“Real Property Assets” means all interest (including leasehold interests) of the
Borrower or any of its Subsidiaries in any real property.

“Reference Period” means (a) for purposes of calculating compliance with any financial
covenant or test on any date on which a Compliance Certificate is required to be delivered
hereunder, the four consecutive fiscal quarters most recently ended prior to such date and (b) for
purposes of determining whether the conditions precedent have been satisfied for a proposed
transaction, the four consecutive fiscal quarters most recently ended prior to date of such
proposed transaction for which annual or quarterly financial statements and a Compliance
Certificate shall have been delivered in accordance with the provisions hereof.

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

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

 

27

 

“Regulation S-K” means Regulation S-K under the U.S. Securities Act of 1933, as
amended.

“Regulation S-X” means Regulation S-X under the U.S. Securities Act of 1933, as
amended.

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

“Rental Expense” means, for any period, for any Person and its Subsidiaries determined
on a consolidated basis, the gross rental expenses for Operating Leases.

“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 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.

“Required Facility Lenders” means (a) for the Revolving Credit Facility, the Required
Revolving Lenders and (b) for the Term Facility, the Required Term Lenders.

“Required Lenders” means, as of any date of determination, Lenders having more than
50% of the sum of (a) the 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) the
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 (other than any Voting Defaulting Lender) shall be excluded for purposes of making a
determination of Required Lenders.

“Required Revolving Lenders” means, as of any date of determination, Revolving Credit
Lenders having 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, Term Lenders having
more than 50% of the Term Facility on such date; provided that the portion of the Term Facility
held by any Defaulting Lender (other than any Voting Defaulting Lender) shall be excluded for
purposes of making a determination of Required Term Lenders.

 

28

 

“Responsible Officer” means the chief executive officer, president, chief financial
officer, treasurer or assistant treasurer, corporate controller, any vice president or executive
vice president of any Loan Party to the extent each such officer shall have been duly authorized by
all necessary corporate, partnership or other action on the part of such Person to act on behalf of
such Person and solely for purposes of the delivery of incumbency certificates pursuant to
Section 4.01, the secretary or any assistant secretary of a 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 the
Borrower or any of its Subsidiaries (including, without limitation, any payment in connection with
any dissolution, merger, consolidation or disposition involving 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, acquisition, cancellation or termination of any
such capital stock or other Equity Interest or of any option, warrant or other right to acquire any
such capital stock or other Equity Interest or on account of any return of capital to the
Borrower’s or such Subsidiary’s stockholders, partners or members (or the equivalent of any
thereof) or the issuance of any Equity Interest or acceptance of any capital contributions or any
option, warrant or right to acquire any such dividend, distribution or payment.

“Revolving Credit Borrowing” means a borrowing consisting of simultaneous Revolving
Credit Loans of the same Type 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 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 and “Revolving Credit Commitments” means the Revolving
Credit Commitments of all the Revolving Credit Lenders.

“Revolving Credit Facility” means, at any time, the aggregate amount of the Revolving
Credit Lenders’ Revolving Credit Commitments at such time.

“Revolving Credit Lender” means, at any time, (a) so long as any Revolving Credit
Commitment is in effect, any Lender that has a Revolving Credit Commitment at such time or (b) if
the Revolving Credit Commitments have terminated or expired, any Lender that has a Revolving Credit
Loan or a participation in L/C Obligations or Swing Line Loans at such time.

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

 

29

 

“Revolving Credit Note” means an amended and restated promissory note made by the
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 hereto.

“RLL Maintenance Period” means the period beginning on the date that is three months
prior to the maturity date of the Convertible Notes to and including the maturity date of the
Convertible Notes.

“Sale and Leaseback Transaction” means any arrangement pursuant to which the Borrower
or any of its Subsidiaries, directly or indirectly, becomes liable as lessee, guarantor or other
surety with respect to any lease, whether an Operating Lease or a Capitalized Lease, of any
Property that the Borrower or any of its Subsidiaries (a) has sold or transferred (or is to sell or
transfer) to, or arranged the purchase by, a Person other than the Borrower or any of its
Subsidiaries or (b) intends to use for substantially the same purpose as any other Property that
has been sold or is transferred (or is to be sold or transferred) by the Borrowers or such
Subsidiary to a Person other than the Borrower or any of its Subsidiaries in connection with such
lease.

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

“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 Services Agreement” means any Cash Management Services
Agreement that is entered into by and between the Borrower or any of its Subsidiaries and any Cash
Management Bank.

“Secured Party” means the Administrative Agent, each Lender, the L/C Issuer, each Swap
Bank, each Cash Management Bank, each co-agent or sub-agent appointed by the Administrative Agent
from time to time pursuant to Section 9.05, 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.

“Secured Swap Contract” means any interest rate or foreign exchange rate Swap Contract
that is entered into by and between the Borrower and any of its Subsidiaries and any Swap Bank.

“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 Public Company Accounting
Oversight Board, as each of the foregoing may be amended and in effect on any applicable date
hereunder.

 

30

 

“Security Agreement” means the Amended and Restated Security Agreement executed by the
Borrower, the Subsidiary Guarantors and the Administrative Agent substantially in the form of
Exhibit J hereto.

“Shareholders’ Equity” means, as of the date of determination, consolidated
shareholders’ equity of any Person and its Subsidiaries on a consolidated basis as of that date
determined in accordance with GAAP.

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

“Subject Properties” has the meaning specified in Section 5.13(a).

“Subsidiary” of a Person means a corporation, partnership, joint venture, 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 Borrower.

“Subsidiary Guarantor” means each Domestic Subsidiary of the Borrower on the Closing
Date and each other Subsidiary of the Borrower that joins as a Subsidiary Guarantor pursuant to
Section 6.11, together with their successors and permitted assigns, in each case, other
than the Excluded Subsidiaries. As of the Closing Date, the Domestic Subsidiaries listed on part B
of Schedule 1.01 hereto are Subsidiary Guarantors.

“Subsidiary Guaranty” means the Amended and Restated Subsidiary Guaranty Agreement
duly executed by each Subsidiary Guarantor and the Administrative Agent, substantially in the form
of Exhibit F hereto.

“Swap Bank” means any Lender or an Affiliate of a Lender in its capacity as a party to
a Swap Contract in effect under the Existing Credit Agreement on the Closing Date or otherwise
entered into on or after the Closing Date.

“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 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.

 

31

 

“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 hereto.

“Swing Line Sublimit” means an amount equal to the lesser of (a) $40,000,000 and (b)
the Revolving Credit Facility. The Swing Line Sublimit is part of, and not in addition to, the
Revolving Credit Facility.

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

“Term 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).

“Term 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 amount set forth opposite such Term Lender’s name on Schedule
2.01 under the caption “Term 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 and “Term Commitments”
means the Term Commitments of all the Term Lenders.

 

32

 

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

“Term Lender” means (a) at any time on or prior to the Closing Date, any Lender that
has a Term 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 Facility.

“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
hereto.

“Threshold Amount” means $25,000,000.

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

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

“Type” has the meaning specified in the definition of “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.

“Unaudited Financial Statements” means (a) the unaudited consolidated financial
statements of the Borrower and its Consolidated Subsidiaries for the fiscal quarter ended June 30,
2010 and (b) the related consolidated statements of income or operations, shareholders’ equity and
cash flows for the fiscal quarter ended on that date, subject to normal year-end adjustments.

“United States” and “U.S.” mean the United States of America.

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

“Voting Defaulting Lender” means a Term Lender that is a Defaulting Lender solely by
virtue of such Term Lender’s parent having taken an action, or become subject to a proceeding or
appointment, that is described in clause (d) of the definition of “Defaulting Lender”.

“Voting Securities” means, with respect to any Person, securities or other ownership
interests having by the terms thereof ordinary voting power to elect the board of directors or
other persons performing similar functions of such Person (irrespective of whether or not at the
time securities or other ownership interests of any other class or classes of such Person
shall have or might have voting power by reason of the happening of any contingency).

 

33

 

“Wholly-Owned Subsidiary” means (a) with respect to any Domestic Subsidiary of any
Person, a Domestic Subsidiary of such Person that is wholly-owned by such Person and (b) with
respect to any Foreign Subsidiary of any Person, either (i) a Foreign Subsidiary of such Person
that is wholly-owned by such Person or (ii) if any Law applicable to such Foreign Subsidiary
requires that directors of such Foreign Subsidiary own any amount of common Equity Interests in
such Foreign Subsidiary, such Foreign Subsidiary of such Person so long as (i) the amount of common
Equity Interests in such Foreign Subsidiary owned by such director or directors is the minimum
amount required by applicable Law, (ii) ownership of such common Equity Interests does not give
such director or directors, individually or in combination, the right or ability to control,
directly or indirectly through one or more intermediaries, the management of such Foreign
Subsidiary, and (iii) such Person, directly or indirectly, owns all the other Equity Interests in
such Foreign Subsidiary other than the Equity Interest held by such director or directors.

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 Person’s successors and assigns, (iii) the words “hereto,” “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.

 

34

 

(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. Notwithstanding the
foregoing, for purposes of determining compliance with any covenant (including the computation of
any financial covenant) contained herein, Indebtedness of the Borrower and its Subsidiaries shall
be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of
FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded.

(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 Borrower or
the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower 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 Borrower 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) Pro Forma Calculations. Notwithstanding anything herein to the contrary, any
calculation of the Consolidated Total Leverage Ratio and Consolidated Fixed Charge Coverage Ratio
for any Reference Period during which an Acquisition or Disposition shall have occurred shall each
be made on a Pro Forma Basis for purposes of making the following determinations:

(i) determining the applicable pricing level under the definition of “Applicable Rate”;

(ii) determining compliance with the Consolidated Total Leverage Ratio and the
Consolidated Fixed Charge Coverage Ratio (other than whether the conditions precedent for a
proposed transaction have been satisfied as contemplated by subsection (iii) of this
Section 1.03(c)); and

 

35

 

(iii) determining whether the conditions precedent have been satisfied for a proposed
transaction which is permitted hereunder only so long as no Event of Default will result
from the consummation thereof, including, without limitation, any Disposition or any
Investment which results in an Acquisition.

(d) Consolidation of Variable Interest Entities. All references herein to
consolidated financial statements of the Borrower and its Subsidiaries or to the determination of
any amount for the Borrower 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 Borrower is
required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a
Subsidiary as defined herein.

1.04 Rounding. Any financial ratios required to be maintained by the Borrower 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 Times of Day. Unless otherwise specified, all references herein to times of day shall be
references to Eastern time (daylight or standard, as applicable).

1.06 Letter of Credit Amounts. Unless otherwise specified herein, the amount of a Letter of
Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at
such time; provided, however, 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 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.

1.07 Amendment and Restatement. In order to facilitate the Amendment and Restatement:

(a) Existing Credit Agreement Superseded. Each of the Borrower and each other Loan
Party, the Administrative Agent, the L/C Issuer and the Lenders hereby agree that upon the
effectiveness of this Agreement, the terms and provisions of the Existing Credit Agreement shall be
and hereby are amended and restated in their entirety by the terms, conditions and provisions of
this Agreement, and the terms and provisions of the Existing Credit Agreement, shall be superseded
by this Agreement.

(b) Continuing Obligations. All of the “Obligations” (as defined in the Existing
Credit Agreement, the “Existing Obligations”) outstanding under the Existing Credit Agreement and
other “Loan Documents” (as defined in the Existing Credit Agreement, the “Existing Loan Documents”)
shall continue as Obligations hereunder to the extent not repaid on the Closing Date, and each of
this Agreement and the Notes and any other Loan Document (as defined herein) that is amended and
restated in connection with this Agreement is given as a substitution of and modification of, and
not as a payment of or novation of, the indebtedness, liabilities and Existing Obligations of the
Borrower under the Existing Credit Agreement or any
Existing Loan Document, and neither the execution and delivery of such documents nor the
consummation of any other transaction contemplated hereunder is intended to constitute a novation
of the Existing Credit Agreement or of any of the other Existing Loan Documents or any obligations
thereunder.

 

36

 

(c) Reallocation of Commitments. Upon the effectiveness of this Agreement, all
outstanding loans owing by the Borrower under the Existing Credit Agreement shall be deemed to be
Loans hereunder. The parties hereto acknowledge and agree that, notwithstanding the provisions
regarding assignments set forth in Section 10.06 hereof, as of the Closing Date, (i) the
Commitments and Applicable Percentages for each of the Lenders are as set forth on Schedule
2.01 and (ii) each Lender that is party to the Existing Credit Agreement whose loan commitments
under the Existing Credit Agreement is greater than its Commitments hereunder shall be deemed to
have assigned, without recourse, to one or more Lenders such portion of the such decreasing
Lender’s existing loans and commitments under the Existing Credit Agreement as shall be necessary
to effectuate the reallocation of commitments and existing loans contemplated hereby.
Notwithstanding anything to the contrary in the Existing Credit Agreement or this Agreement, no
other documents or instruments, including any Assignment and Assumption, shall be executed in
connection with such assignments (all of which requirements are hereby waived), and such
assignments shall be deemed to be made with all applicable representations, warranties and
covenants as if evidenced by an Assignment and Assumption. On the Closing Date, the Lenders shall
make full cash settlement with each other through the Administrative Agent with respect to all
assignments, reallocations and other changes in commitments contemplated hereby such that after
giving effect to such settlements each Lender’s Applicable Percentage with respect to the Term
Facility and the Revolving Credit Facility shall be as set forth on Schedule 2.01.

(d) Existing Notes. Upon the
effectiveness of this Agreement, all “Notes”
as defined in and issued under the Existing Credit Agreement shall be superseded and
replaced by the Notes issued hereunder, and such notes issued under the Existing Credit
Agreement shall be deemed cancelled, regardless of whether such notes were returned to
the Borrower; provided, that Lenders that were “Lenders” under the Existing Credit
Agreement will use commercially reasonable efforts to locate and return to Borrower for
cancellation all original notes issued under the Existing Credit Agreement.

ARTICLE II

COMMITMENTS AND CREDIT EXTENSIONS

2.01 Loans. (a) Term Borrowing. Subject to the terms and conditions set forth
herein, each Term Lender severally agrees to make a single loan to the Borrower on the Closing Date
in an amount not to exceed such Term Lender’s Term Commitment Percentage of the Term Facility. The
Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance
with their respective Applicable Percentage of the Term Facility. Amounts borrowed under this
Section 2.01(a) and repaid or prepaid may not be reborrowed.

(b) 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 Borrower 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, however, that after giving
effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not
exceed the Revolving Credit Facility, and (ii) subject to Section 2.04(a) with respect to
the Swing Line Lender, the aggregate Outstanding Amount of the Revolving Credit Loans of any
Lender, plus such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the
Outstanding Amount of all L/C Obligations, plus such Revolving

 

37

 

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
Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and
reborrow under this Section 2.01(b).

(c) Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

2.02 Borrowings, Conversions and Continuations of Loans. (a) Each Borrowing, each conversion
of Loans from one Type to the other, and each continuation of Eurodollar Rate Loans shall be made
upon the Borrower’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 or of any conversion of Eurodollar Rate Loans to Base Rate
Loans, and (ii) on the requested date of any Borrowing of Base Rate Loans. Each telephonic notice
by the Borrower pursuant to this Section 2.02(a) must be confirmed promptly by delivery to
the Administrative Agent of a written Loan Notice, appropriately completed and signed by a
Responsible Officer of the Borrower. 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),
each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $1,000,000 or
a whole multiple of $500,000 in excess thereof. Each Loan Notice (whether telephonic or written)
shall specify (i) the applicable Facility and whether the Borrower is requesting a Borrowing, a
conversion of Loans from one Type to the other, or a continuation of Eurodollar Rate Loans, as the
case may be, under such Facility, (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, as applicable (iv) the Type of Loans to be borrowed
or to which existing Loans are to be converted or continued, and (v) if applicable, the duration of
the Interest Period with respect thereto. If the Borrower fails to specify a Type of Loan in a
Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or
continuation, then the applicable Loans shall be made as, or converted to, Base Rate Loans. Any
such 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 Borrower
requests a Borrowing of, conversion to, or continuation of, Eurodollar Rate Loans in any such Loan
Notice, but fails to specify an Interest Period, the Borrower 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 made as or converted to a Eurodollar Rate Loan.

 

38

 

(b) Following receipt of a Loan Notice for a Facility, the Administrative Agent shall promptly
notify each Appropriate Lender of the amount of its Applicable Percentage under such Facility of
the applicable Loans, and if no timely notice of a conversion or continuation is provided by the
Borrower, the Administrative Agent shall notify each Appropriate Lender of the details of any
automatic conversion to Base Rate Loans described in Section 2.02(a). In the case of a
Borrowing, each Appropriate Lender shall make the amount of its Loan available to the
Administrative Agent in immediately available funds at the
Administrative Agent’s Office not later than 1:00 p.m. on the Business Day specified in the
applicable 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 Borrower in like funds as
received by the Administrative Agent either by (i) crediting the account of the Borrower on the
books of the Administrative Agent 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 Borrower; provided, however, that if, on the date a
Loan Notice with respect to a Revolving Credit Borrowing is given by the Borrower, there are L/C
Borrowings outstanding, then the proceeds of such Revolving Credit Borrowing shall be applied,
first, to the payment in full of any such L/C Borrowings, and second shall be made
available to the 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
an Event of Default, no Loans may be requested as, converted to, or continued as, Eurodollar Rate
Loans without the consent of the Required Lenders.

(d) The Administrative Agent shall promptly notify the Borrower and the applicable 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 Borrower 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) (i) After giving effect to all Term 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 four (4) Interest Periods in effect with respect to the Term Facility at any time. (ii) 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 ten (10) Interest Periods in effect with respect to the Revolving Credit
Facility at any time.

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 the Closing Date until the Letter of Credit Expiration
Date, to issue standby Letters of Credit for the account of the Borrower or its Subsidiaries, 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 the Borrower
or its Subsidiaries 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
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

 

39

 

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
Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation
by the Borrower 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 Borrower’s ability to obtain Letters of Credit shall be fully revolving,
and accordingly the Borrower 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 the 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 the requested Letter of Credit would occur after the
Letter of Credit Expiration Date, 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 the
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 the Letter of Credit in
particular or shall impose upon the L/C Issuer with respect to the 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 the 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,
the Letter of Credit is in an initial stated amount less than $500,000;

(D) the Letter of Credit is to be denominated in a currency other than Dollars;

(E) the Letter of Credit contains any provisions for automatic reinstatement of
the stated amount after any drawing thereunder; or

 

40

 

(F) any Revolving Credit Lender is at that time a Defaulting Lender, unless the
L/C Issuer has entered into arrangements, including the delivery of Cash Collateral,
reasonably satisfactory to the L/C Issuer (in its sole discretion) with the Borrower
or such Revolving Credit Lender to eliminate the L/C Issuer’s actual or potential
Fronting Exposure (after giving effect to Section 2.15(a)(iv)) with respect
to the Defaulting Lender arising from either the Letter of Credit then proposed to
be issued or that Letter of Credit and all other L/C Obligations as to which the L/C
Issuer has actual or potential Fronting Exposure, as it may elect in its sole
discretion.

(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 the 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 the Letter of Credit in its
amended form under the terms hereof, or (B) the beneficiary of the Letter of Credit does not
accept the proposed amendment to the 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 the 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 the 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 satisfactory to the L/C Issuer the following: (A) the
proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the
amount 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;
(G) the purpose and nature of the requested Letter of Credit; and (H) such other matters as the L/C
Issuer may require. In the case of a request for an amendment of any outstanding Letter of Credit,
such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer
the following: (A) the Letter of Credit to be
amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the
nature of the proposed amendment; and (D) such other matters as the L/C Issuer may require.
Additionally, the 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.

 

41

 

(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 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 of the applicable
conditions contained in Article IV shall not have been satisfied (other than matters
previously waived), 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 Borrower (or the
applicable Loan Party) 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 the Borrower so requests in any applicable Letter of Credit Application, the
L/C Issuer may, in its sole 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 and the Borrower
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 Borrower 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,
however, 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 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 the
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.

 

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(iv) 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 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 Borrower and the Administrative Agent thereof and shall state the date
payment shall be made by the L/C Issuer under a Letter of Credit (each such date, an “Honor
Date”). Not later than 11:00 a.m. on the Honor Date, the Borrower shall reimburse the L/C
Issuer through the Administrative Agent in an amount equal to the amount of such drawing. If the
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 (the
“Unreimbursed Amount”), and the amount of such Revolving Credit Lender’s Applicable
Revolving Credit Percentage thereof. In such event, the 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 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 (and the Administrative Agent may apply Cash Collateral
provided for this purpose) for the account of the L/C Issuer at the Administrative Agent’s
Office 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 Borrower in such amount. The Administrative Agent shall remit the
funds so received to the L/C Issuer.

(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 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.

 

43

 

(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, the Administrative
Agent, the Borrower 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, however, that each Revolving
Credit Lender’s obligation to make Revolving Credit Loans pursuant to this Section
2.03(c) is subject to the amount of the unutilized portion of the Revolving Credit
Facility and the conditions set forth in Section 4.02 (other than delivery by the
Borrower of a Loan Notice ). No such making of an L/C Advance shall relieve or otherwise
impair the obligation of the 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), then, without limiting the other provisions of this Agreement,
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 greater of the Federal Funds Rate and a rate
determined by the L/C Issuer in accordance with banking industry rules on interbank
compensation, 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 Revolving Credit
Loan included in the relevant Revolving Credit 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 Section 2.03(c)(vi) shall be conclusive absent manifest error.

 

44

 

(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 Borrower or
otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent), the
Administrative Agent will distribute to such Lender its Applicable Revolving Credit Percentage
thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time
during which such Lender’s L/C Advance was outstanding) 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 Federal Funds 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 the 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 or any other agreement or instrument relating thereto;

(ii) the existence of any claim, counterclaim, setoff, defense or other right that the
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 made in good faith 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

 

45

 

(v) any exchange, release or non-perfection of any collateral, or any release or
amendment or waiver of or consent to the departure from any Guarantee, for all or any of the
Obligations of the Borrower in respect of any Letter of Credit; 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, the Borrower or any Subsidiary.

The 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 the Borrower’s
instructions or other irregularity, the Borrower will promptly notify the L/C Issuer. The 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 the 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.
The 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, however, that this
assumption is not intended to, and shall not, preclude the Borrower 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 (vi) of Section 2.03(e); provided,
however, that anything in such clauses to the contrary notwithstanding, the Borrower may
have a claim against the L/C Issuer, and the L/C Issuer may be liable to the Borrower, to the
extent, but only to the extent, of any direct, as opposed to consequential or exemplary, damages
suffered by the Borrower which the 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 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.

 

46

 

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

(h) Letter of Credit Fees. The Borrower shall pay to the Administrative Agent for the
account of each Revolving Credit Lender in accordance with its Applicable Revolving Credit
Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit
equal to the Applicable Rate times either (i) so long as no Event of Default has occurred and is
continuing, the excess of the daily amount available to be drawn under such Letter of Credit over
the amount of any Cash Collateral provided by such Borrower with respect to such Letter of Credit
as a result of a Revolving Credit Lender becoming a Defaulting Lender or (ii) otherwise, the daily
amount available to be drawn under such Letter of Credit (irrespective of any Cash Collateral
provided with respect thereto); provided, however, any Letter of Credit Fees
otherwise payable for the account of a Defaulting Lender with respect to any Letter of Credit as to
which such Defaulting Lender has not provided Cash Collateral satisfactory to the L/C Issuer
pursuant to this Section 2.03 shall be payable, to the maximum extent permitted by
applicable Law, to the other Revolving Credit Lenders in accordance with the upward adjustments in
their respective Applicable Revolving Credit Percentages allocable to such Letter of Credit
pursuant to Section 2.15(a)(iv), with the balance of such fee, if any, payable to the L/C
Issuer for its own account. 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 1.06. Such Letter of Credit Fees shall be (i) computed on a quarterly basis
in arrears and (ii) due and payable on the last Business Day 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. 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.

(i) Fronting Fee and Documentary and Processing Charges Payable to L/C Issuer. The
Borrower shall pay directly to the L/C Issuer for its own account a fronting fee with respect to
each Letter of Credit, at the rate per annum specified in the Agency Fee Letter, computed on either
(i) so long as no Event of Default has occurred and is continuing, the excess of the daily amount
available to be drawn under such Letter of Credit over the amount of any Cash Collateral provided
by such Borrower with respect to such Letter of Credit as a result of a Revolving Credit Lender
becoming a Defaulting Lender or (ii) otherwise, the daily amount available to be drawn under such
Letter of Credit (irrespective of any Cash Collateral provided with respect thereto), in each case
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 1.06. In addition, the Borrower shall pay directly to the L/C Issuer for its
own account 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 as from time to time in effect. Such customary fees
and standard costs and charges are due and payable on demand and are nonrefundable.

 

47

 

(j) 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.

(k) 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, or otherwise will benefit, a Subsidiary, the Borrower shall be obligated to reimburse the L/C
Issuer hereunder for any and all drawings under such Letter of Credit. The Borrower hereby
acknowledges that the issuance of Letters of Credit for the benefit of Subsidiaries inures to the
account of the Borrower, and that the Borrower’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, may in its sole discretion make loans (each such loan, a
“Swing Line Loan”) to the Borrower 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, however, 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) except as provided above with respect to the Swing Line Lender, 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 Borrower 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
Borrower 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.

 

48

 

(b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the Borrower’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 $500,000 or a whole multiple of $100,000 in excess thereof,
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 Borrower. 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 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 first proviso to the first sentence of Section 2.04(a), or (B) that one or
more of the applicable conditions specified in Article IV (other than matters previously
waived) 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 Borrower at its office by crediting
the account of the Borrower designated on the books of the Swing Line Lender in immediately
available funds. If the Swing Line Lender elects in its sole discretion not to make a Swing Line
Loan, the Borrower’s Swing Line Loan Notice will be deemed to be a requested Borrowing of Base Rate
Loans under Section 2.02; provided, that, that if such Swing Line Notice
was delivered after 10:00 a.m. on the date the Swing Line Loan is requested, the deemed notice of a
Borrowing of Base Rate Loans shall be deemed to have been delivered at 9:00 a.m. on the immediately
succeeding Business Day.

(c) Refinancing of Swing Line Loans. (i) The Swing Line Lender at any time in its
sole discretion may request, on behalf of the Borrower (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 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 Borrower with a copy of the applicable 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 Loan Notice available to the
Administrative Agent in immediately available funds (and the Administrative Agent may apply Cash
Collateral available with respect to the applicable Swing Line Loan) for the account of the Swing
Line Lender at the Administrative Agent’s Office not later than 1:00 p.m. on the day specified in
such 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 Borrower 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.

 

49

 

(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 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
greater of the Federal Funds Rate and a rate determined by the Swing Line Lender in
accordance with banking industry rules on interbank compensation, 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 Revolving Credit Loan included in the relevant
Revolving Credit 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 Section
2.04(c)(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 Borrower 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,
however, that each Revolving Credit Lender’s obligation to make Revolving Credit Loans
pursuant to this Section 2.04(c) is subject to the amount of the unutilized portion
of the Revolving Credit Facility and the conditions set forth in Section 4.02. No
such funding of risk participations shall relieve or otherwise impair the obligation of the
Borrower 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 of such payment
(appropriately adjusted, in the case of interest payments, to reflect the period of time during
which such Lender’s risk participation was funded) in the same funds as those received by the Swing
Line Lender.

 

50

 

(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 Federal Funds 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 Borrower for interest on the Swing Line Loans. Until 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 Borrower 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) Optional. (i) Subject to the last sentence of this
Section 2.05(a)(i), the Borrower may upon notice 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 (A) such notice must be received by the
Administrative Agent not later than 11:00 a.m. (x) three Business Days prior to any date of
prepayment of Eurodollar Rate Loans and (y) on the date of prepayment of Base Rate Loans, (B) any
prepayment 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, and (C) any prepayment of Base Rate Loans shall be in a
principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof or, in each case,
if less, the entire principal amount thereof then outstanding. Each such notice shall specify the
Facility to be prepaid, the date and amount of such prepayment and the Type(s) of Loans to be
prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such
notice, and of such Lender’s Applicable Percentage of such prepayment. If such notice is given by
the Borrower, the Borrower shall irrevocably make such prepayment and the payment amount specified
in such notice shall be due and payable on the date specified therein. 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 the
outstanding Term Loans pursuant to this Section 2.05(a) shall be applied to the principal
repayment installments thereof in (a) direct order of maturity, (b) inverse order of maturity or
(c) on a pro-rata basis, as the Borrower may elect. Subject to Section 2.15, prepayments
shall be applied to the Loans of the Lenders in accordance with their respective Applicable
Percentages in respect of each of the relevant Facilities; provided that, in each case,
first to Base Rate Loans and then to Eurodollar Rate Loans specified in such notice in direct order
of Interest Period maturities.

 

51

 

(ii) The Borrower 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 Borrower, the Borrower shall make
such prepayment and the payment amount specified in such notice shall be due and payable on
the date specified therein.

(b) Mandatory. (i) If the Borrower or any of its Subsidiaries Disposes of any
property (including any Disposition made under Section 7.05(f) but excluding any other
Disposition permitted under Section 7.05) which results in the realization by such Person
of Net Cash Proceeds in excess of $15,000,000 in the aggregate for all such Dispositions, the
Borrower shall prepay an aggregate principal amount of Term Loans equal to the lesser of (A) 100%
of such Net Cash Proceeds and (B) the aggregate outstanding amount of all Term Loans immediately
upon receipt thereof by such Person (such prepayments to be applied as set forth in clause (iii)
below); provided, however, that, with respect to any Net Cash Proceeds realized
under a Disposition described in this Section 2.05(b), at the election of the Borrower (as
notified by the Borrower to the Administrative Agent on or prior to the date of such Disposition),
and so long as no Event of Default shall have occurred and be continuing, the Borrower or such
Subsidiary may reinvest all or any portion of such Net Cash Proceeds in operating assets so long as
within eighteen (18) months after the receipt of such Net Cash Proceeds, such purchase shall have
been consummated or a letter of intent or purchase agreement shall have been signed (in either
case, as reported in a notice provided by the Borrower in writing to the Administrative Agent);
provided further, however, that any Net Cash Proceeds not subject to such
agreement or letter or so reinvested shall be promptly applied to the prepayment of the Loans as
set forth in this Section 2.05(b)(i).

(ii) Upon the incurrence or issuance by the Borrower or any of its Subsidiaries of any
Indebtedness (other than Indebtedness expressly permitted to be incurred or issued pursuant
to Section 7.03), the Borrower shall prepay an aggregate principal amount of Term
Loans equal to the lessor of (A) 100% of all Net Cash Proceeds received therefrom
immediately upon receipt thereof by the Borrower or such Subsidiary and (B) the aggregate
outstanding amount of all Term Loans (such prepayments to be applied as set forth in clause
(iii) below).

(iii) Each prepayment of Loans pursuant to the foregoing subclauses (i) — (ii) of this
Section 2.05(b) shall be applied to the Term Facility and to the regular
amortization principal repayment installments thereof on a pro-rata basis. Subject to
Section 2.15, such prepayments shall be paid to the Term Lenders in accordance with
their respective Applicable Percentages in respect of the Term Facility.

(iv) If for any reason the Total Revolving Credit Outstandings at any time exceed the
Revolving Credit Facility at such time, the Borrower shall immediately prepay Revolving
Credit Loans, Swing Line Loans and L/C Borrowings and/or Cash Collateralize the L/C
Obligations in an aggregate amount equal to such excess; provided, however,
that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant
to this Section 2.05(b)(iv) unless, after the prepayment of the Revolving Credit
Loans and Swing Line Loans, the Total Revolving Credit Outstandings exceed the Revolving
Credit Facility at such time.

 

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(v) Except as otherwise provided in Section 2.15, prepayments of the Revolving
Credit Facility made pursuant to this Section 2.05(b), 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 Borrower or any other Loan Party or
any Defaulting Lender that has provided Cash Collateral) to reimburse the L/C Issuer or the
Revolving Credit Lenders, as applicable.

2.06 Termination or Reduction of Commitments. (a) Optional. The Borrower 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 $5,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) the
Borrower shall not terminate or reduce (A) 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, (B) the Letter of Credit Sublimit if, after giving effect
thereto, the Outstanding Amount of L/C Obligations not fully Cash Collateralized hereunder would
exceed the Letter of Credit Sublimit, or (C) the Swing Line Sublimit if, after giving effect
thereto and to any concurrent prepayments hereunder, the Outstanding Amount of Swing Line Loans
would exceed the Swing Line Sublimit. 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 Facility 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.

(b) Mandatory. (i) The aggregate Term Commitments shall be automatically and
permanently reduced to zero immediately following the Term Borrowing.

(ii) If after giving effect to any reduction or termination of Revolving Credit
Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swing Line
Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit
or the Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount
of such excess.

(c) All Commitment 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.

 

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2.07 Repayment of Loans. (a) Term Loans. The Borrower shall repay to the Term
Lenders the principal amount of Term Loans outstanding on the last Business Day corresponding to
each of the following quarter end dates in the respective amounts set forth
opposite such dates (which amounts shall be reduced as a result of the application of
prepayments in accordance with Section 2.05):

	 	 	 	 	 
	Date	 	Amount	 
	December 31, 2010
	 	$	1,875,000	 
	March 31, 2011
	 	$	1,875,000	 
	June 30, 2011
	 	$	1,875,000	 
	September 30, 2011
	 	$	1,875,000	 
	December 31, 2011
	 	$	2,812,500	 
	March 31, 2012
	 	$	2,812,500	 
	June 30, 2012
	 	$	2,812,500	 
	September 30, 2012
	 	$	2,812,500	 
	December 31, 2012
	 	$	3,750,000	 
	March 31, 2013
	 	$	3,750,000	 
	June 30, 2013
	 	$	3,750,000	 
	September 30, 2013
	 	$	3,750,000	 
	December 31, 2013
	 	$	3,750,000	 
	March 31, 2014
	 	$	3,750,000	 
	June 30, 2014
	 	$	3,750,000	 
	September 30, 2014
	 	$	3,750,000	 
	December 31, 2014
	 	$	3,750,000	 
	March 31, 2015
	 	$	3,750,000	 
	June 30, 2015
	 	$	3,750,000	 
	Maturity Date
	 	$	90,000,000	 

provided, however, that the final principal repayment installment of the Term Loans
shall be repaid on the Maturity Date 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. The Borrower shall repay to the Revolving Credit Lenders
on the Maturity Date the aggregate principal amount of all Revolving Credit Loans outstanding on
such date.

(c) Swing Line Loans. The Borrower shall repay each Swing Line Loan on the earlier to
occur of (i) the date ten (10) Business Days after such Swing Line Loan is made and (ii) the
Maturity Date.

2.08 Interest. (a) Subject to the provisions of Section 2.08(b) (and without
duplication), (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.

 

54

 

(b) (i) If any amount of principal of any Loan is not paid when due (after any applicable
grace periods), whether at stated maturity, by acceleration or otherwise, such amount thereafter
shall 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 the Borrower under any
Loan Document is not paid when due (after 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 the fluctuating interest rate per annum equal at
all times to the Default Rate to the fullest extent permitted by applicable Law.

(iii) Upon the request of the Required Lenders, while any Event of Default exists, the
Borrower shall pay interest on the principal amount of all 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(h) and (i):

(a) Commitment Fee. The 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 (the “Commitment Fee”) 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, subject to adjustment as provided in Section 2.15; provided that for
purposes of calculating the Commitment Fee, Swing Line Loans will not be deemed to be utilized.
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 the last Business Day of each March, June, September and December,
commencing with the first such date to occur after the Closing Date, and on the Maturity Date. 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.

 

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

(ii) The Borrower shall pay to the Lenders 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; Retroactive Adjustments of Applicable Rate. (a) All
computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to
the Eurodollar 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). 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 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.

(b) If, as a result of any restatement of or other adjustment to the financial statements of
the Borrower or for any other reason, the Borrower or the Lenders determine that (i) the
Consolidated Total Leverage Ratio as calculated by the Borrower as of any applicable date was
inaccurate and (ii) a proper calculation of the Consolidated Total Leverage Ratio would have
resulted in higher pricing for such period, the Borrower shall immediately and retroactively be
obligated to pay to the Administrative Agent for the account of the applicable Lenders or the L/C
Issuer, as the case may be, promptly on demand by the Administrative Agent (or, after the
occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under
the Bankruptcy Code of the United States, automatically and without further action by the
Administrative Agent, any Lender or the L/C Issuer), an amount equal to the excess of the amount of
interest and fees that should have been paid for such period over the amount of interest and fees
actually paid for such period. This paragraph shall not limit the rights of the Administrative
Agent, any Lender or the L/C Issuer, as the case may be, under Section 2.03(c)(iii),
2.03(i) or 2.08(b) or under Article VIII. The Borrower’s obligations under
this paragraph shall survive the termination of the Aggregate Commitments and the repayment of all
other Obligations hereunder.

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 of the amount of the Credit Extensions made by the Lenders to the Borrower and the
interest and payments thereon shall be conclusive absent manifest error. Any failure to so record
or any error in doing so shall not, however, limit or otherwise affect the obligation of the
Borrower 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 made through
the Administrative Agent, the Borrower
shall execute and deliver to such Lender (through the Administrative Agent) a Note, which
shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach
schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of
its Loans and payments with respect thereto.

 

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(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.

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

2.12 Payments Generally; Administrative Agent’s Clawback. (a) General. All payments
to be made by the Borrower shall be made without condition or deduction for any counterclaim,
defense, recoupment or setoff, but without waiver thereof. Except as otherwise expressly provided
herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the
account of the respective Lenders to which such payment is owed, at the Administrative Agent’s
Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified
herein. 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
by the Administrative Agent after 2:00 p.m. shall 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 the Borrower shall come due on a day other than a Business Day, payment shall be made on
the next following Business Day (unless otherwise expressly provided herein), and such extension of
time shall be reflected in computing interest or fees, as the case may be.

 

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(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 that such Lender will not make available to the Administrative Agent such Lender’s share
of such 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), 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 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 Borrower severally agree to pay to the
Administrative Agent forthwith on demand such corresponding amount in immediately available funds
with interest thereon, for each day from and including the date such amount is made available to
the 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 greater of the Federal Funds Rate and a rate determined
by the Administrative Agent in accordance with banking industry rules on interbank compensation,
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 the Borrower, the
interest rate applicable to the applicable Borrowing. If the 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 the Borrower the amount of such interest paid by the 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 the Borrower shall be without prejudice to any claim the Borrower may have against a
Lender that shall have failed to make such payment to the Administrative Agent.

(ii) Payments by Borrower; Presumptions by Administrative Agent. Unless the
Administrative Agent shall have received notice from the 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 the Borrower will not make such payment, the Administrative Agent may
assume that the Borrower has made such payment on such date in accordance herewith and may,
in reliance upon such assumption, distribute to the Appropriate Lenders or the L/C Issuer,
as the case may be, the amount due. In such event, if the Borrower has not in fact made
such payment, then each of the Appropriate 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 immediately available funds with interest
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 greater of the Federal
Funds Rate and a rate determined by the Administrative Agent in accordance with banking
industry rules on interbank compensation.

A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount
owing under this subsection (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 as provided in the foregoing
provisions of this Article II, and such funds are not made available to the 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, if returned within one Business Day, and with interest at the Federal
Funds Rate for each day thereafter until returned.

 

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(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 as provided in Section
8.03.

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 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 payments 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, in each case under
clauses (a) and (b) above, 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

 

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(ii) the provisions of this Section shall not be construed to apply to (A) any payment
made by or on behalf of the Borrower pursuant to and in accordance with the express terms of
this Agreement (including the application of funds arising from the existence of a
Defaulting Lender), (B) the application of Cash Collateral provided for in Section
2.14, or (C) 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 an assignment to the Borrower or any
Subsidiary thereof (as to which the provisions of this Section shall apply).

The 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 the Borrower rights of setoff and counterclaim with respect to
such participation as fully as if such Lender were a direct creditor of the Borrower in the amount
of such participation.

2.14 Cash Collateral.

(a) Certain Credit Support Events. Upon the request of the Administrative Agent or
the L/C Issuer (i) 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 (ii) if, as of the Letter of
Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Borrower shall,
in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations.
At any time that there shall exist any Revolving Credit Lender that is a Defaulting Lender,
immediately upon the request of the Administrative Agent, the L/C Issuer or the Swing Line Lender,
the Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to
cover all Fronting Exposure (after giving effect to Section 2.15(a)(iv) and any Cash
Collateral provided by the Defaulting Lender).

(b) Grant of Security Interest. All Cash Collateral (other than credit support not
constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit
accounts at Bank of America. The Borrower, and to the extent provided by any Revolving Credit
Lender, such Revolving Credit Lender, hereby grants to (and subjects to the control of) the
Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuer and the Revolving
Credit Lenders (including the Swing Line Lender), and agrees to maintain, a first priority security
interest in all such cash, deposit accounts and all balances therein, and all other property so
provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for
the obligations to which such Cash Collateral may be applied pursuant to Section 2.14(c).
If at any time the Administrative Agent determines that Cash Collateral is subject to any right or
claim of any Person other than the Administrative Agent as herein provided, or that the total
amount of such Cash Collateral is less than the applicable Fronting Exposure and other obligations
secured thereby, the Borrower or the relevant Revolving Credit Lender that is a Defaulting Lender
will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent
additional Cash Collateral in an amount sufficient to eliminate such deficiency.

 

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(c) Application. Notwithstanding anything to the contrary contained in this
Agreement, Cash Collateral provided under any of this Section 2.14 or Sections
2.03, 2.04, 2.05, 2.15 or 8.02 in respect of Letters of Credit
or Swing Line Loans shall be held and applied to the satisfaction of the specific L/C Obligations,
Swing Line Loans, obligations to fund participations therein (including, as to Cash Collateral
provided by a Revolving Credit Lender that is a Defaulting Lender, any interest accrued on such
obligation) and other obligations for which the Cash Collateral was so provided, prior to any other
application of such property as may be provided for herein.

(d) Release. Cash Collateral (or the appropriate portion thereof) provided to reduce
Fronting Exposure or other obligations shall be released promptly following (i) the elimination of
the applicable Fronting Exposure or other obligations giving rise thereto (including by the
termination of Defaulting Lender status of the applicable Revolving Credit Lender (or, as
appropriate, its assignee following compliance with Section 10.06(b)(vi))) or (ii) the
Administrative Agent’s good faith determination that there exists excess Cash Collateral;
provided, however, (x) that Cash Collateral furnished by or on behalf of a Loan Party shall
not be released during the continuance of a Default or Event of Default (and following application
as provided in this Section 2.14 may be otherwise applied in accordance with Section
8.03), and (y) the Person providing Cash Collateral and the L/C Issuer or Swing Line Lender, as
applicable, may agree that Cash Collateral shall not be released but instead held to support future
anticipated Fronting Exposure or other obligations.

2.15 Defaulting Lenders.

(a) Adjustments. Notwithstanding anything to the contrary contained in this
Agreement, if any Lender becomes a Defaulting Lender, then, until such time as that Lender is no
longer a Defaulting Lender, to the extent permitted by applicable Law:

(i) Waivers and Amendments. That Defaulting Lender’s right to approve or
disapprove any amendment, waiver or consent with respect to this Agreement shall be
restricted as set forth in Section 10.01.

(ii) Reallocation of Payments. Any payment of principal, interest, fees or
other amounts received by the Administrative Agent for the account of that Defaulting Lender
(whether voluntary or mandatory, at maturity, pursuant to Article VIII or otherwise,
and including any amounts made available to the Administrative Agent by that Defaulting
Lender pursuant to Section 10.08), shall be applied at such time or times as may be
determined by the Administrative Agent as follows: first, to the payment of any amounts
owing by that Defaulting Lender to the Administrative Agent hereunder; second, if such
Defaulting Lender is a Revolving Credit Lender, to the payment on a pro rata basis of any
amounts owing by that Defaulting Lender to the L/C Issuer or Swing Line Lender hereunder;
third, if such Defaulting Lender is a Revolving Credit Lender and if so determined by the
Administrative Agent or requested by the L/C Issuer or Swing Line Lender, to be held as Cash
Collateral for future funding obligations of that Defaulting Lender of any participation in
any Swing Line Loan or Letter of Credit; fourth, as the Borrower may request (so long as no
Default or Event of Default exists),

 

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to the funding of any Loan in respect of which that
Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative Agent;
fifth, if so determined by the Administrative Agent and the Borrower, to be held in a
non-interest bearing deposit account and released in order to satisfy obligations of that
Defaulting Lender to fund Loans under this Agreement; sixth, in the case of a Defaulting
Lender under any Facility, to the payment of any amounts owing to the other Lenders under
such Facility (in the case of the Revolving Credit Facility, including the L/C Issuer or
Swing Line Lender) as a result of any judgment of a court of competent jurisdiction obtained
by any Lender under such Facility (in the case of the Revolving Credit Facility, including
the L/C Issuer or Swing Line Lender) against that Defaulting Lender as a result of that
Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no
Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a
result of any judgment of a court of competent jurisdiction obtained by the Borrower against
that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations
under this Agreement; and eighth, to that Defaulting Lender or as otherwise directed by a
court of competent jurisdiction; provided that if (A) such payment is a payment of
the principal amount of any Loans under any Facility or L/C Borrowings in respect of which
that Defaulting Lender has not fully funded its appropriate share and (B) such Loans or L/C
Borrowings were made at a time when the conditions set forth in Section 4.02 were
satisfied or waived, such payment shall be applied to pay the Loans of, and L/C Borrowings
owed to, all non-Defaulting Lenders under the applicable Facility on a pro rata basis (and
ratably among all applicable Facilities computed in accordance with the Defaulting Lenders’
respective funding deficiencies) prior to being applied to the payment of any Loans of, or
L/C Borrowings owed to, that Defaulting Lender under the applicable Facility. Any payments,
prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or
held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this
Section 2.15(a)(ii) shall be deemed paid to and redirected by that Defaulting
Lender, and each Lender irrevocably consents hereto.

(iii) Certain Fees. That Defaulting Lender (A) shall not be entitled to
receive any Commitment Fee pursuant to Section 2.09(a) for any period during which
that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such
fee that otherwise would have been required to have been paid to that Defaulting Lender) and
(B) shall be limited in its right to receive Letter of Credit Fees as provided in
Section 2.03(h).

(iv) Reallocation of Applicable Revolving Credit Percentages to Reduce Fronting
Exposure. During any period in which a Revolving Credit Lender is a Defaulting Lender,
for purposes of computing the amount of the obligation of each Revolving Credit Lender that
is a non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit
or Swing Line Loans pursuant to Sections 2.03 and 2.04, the “Applicable
Revolving Credit Percentage” of each such non-Defaulting Lender shall be computed without
giving effect to the Revolving Credit Commitment of that Defaulting Lender;
provided, that, (A) each such reallocation shall be given effect only if, at the
date the applicable Revolving Credit Lender becomes a Defaulting Lender, no Default or Event
of Default exists; and (B) the aggregate obligation of each Revolving Credit Lender that is
a non-Defaulting Lender to acquire, refinance or fund participations
in Letters of Credit and Swing Line Loans shall not exceed the positive difference, if
any, of (1) the Revolving Credit Commitment of that non-Defaulting Revolving Credit Lender
minus (2) the aggregate Outstanding Amount of the Revolving Credit Loans of that
Revolving Credit Lender.

 

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(b) Defaulting Lender Cure. If the Borrower and the Administrative Agent, and, in the
case a Defaulting Lender is a Revolving Credit Lender, the Swing Line Lender and the L/C Issuer,
agree in writing in their sole discretion that a Defaulting Lender under any Facility should no
longer be deemed to be a Defaulting Lender, the Administrative Agent will so notify the other
Lenders under such Facility, whereupon as of the effective date specified in such notice and
subject to any conditions set forth therein (which may include arrangements with respect to any
Cash Collateral), that Lender will, to the extent applicable, purchase that portion of outstanding
Loans of the other Lenders under such Facility or take such other actions as the Administrative
Agent may determine to be necessary to cause the Loans under such Facility and, in the case of the
Revolving Credit Facility, the funded and unfunded participations in Letters of Credit and Swing
Line Loans, to be held on a pro rata basis by the Lenders under such Facility in accordance with
their Applicable Percentages (without giving effect to Section 2.15(a)(iv)), whereupon that
Lender will cease to be a Defaulting Lender; provided that no adjustments will be made
retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while
that Lender was a Defaulting Lender; and provided, further, that except to the
extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting
Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising
from that Lender’s having been a Defaulting Lender.

2.16 Increase in Commitments. (a) Request for Increase. Provided there exists no
Default or Event of Default, upon notice to the Administrative Agent (which shall promptly notify
the Lenders), the Borrower may from time to time, request an increase in the Aggregate Commitments
(which increase may take the form of an increase to the Revolving Credit Facility or to the Term
Facility) by an amount (for all such requests) not exceeding $150,000,000 in the aggregate;
provided that (i) any such request for an increase shall be in a minimum amount of
$25,000,000, and (ii) the Borrower may make a maximum of five such requests. At the time of
sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify the
time period within which each Appropriate 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 Appropriate
Lenders).

(b) Lender Elections to Increase. Each Appropriate Lender shall notify the
Administrative Agent within such time period whether or not it agrees to increase its applicable
Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable
Percentage with respect to the applicable Facility of such requested increase. Any Appropriate
Lender not responding within such time period shall be deemed to have declined to increase its
Commitment. Any Lender’s decision to increase its Commitment pursuant hereto may be made by Lender
in its sole and absolute discretion.

 

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(c) Notification by Administrative Agent; Additional Lenders. The Administrative
Agent shall notify the Borrower and each Appropriate Lender of the Appropriate 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 Borrower may also invite
additional Eligible Assignees to become Lenders under the applicable Facility pursuant to a joinder
agreement in form and substance reasonably satisfactory to the Administrative Agent and its
counsel.

(d) Effective Date and Allocations. If the Aggregate Commitments are increased in
accordance with this Section 2.16, the Administrative Agent and the Borrower shall
determine the effective date (the “Increase Effective Date”) and the final allocation of
such increase. The Administrative Agent shall promptly notify the Borrower and the Appropriate
Lenders of the final allocation of such increase and the Increase Effective Date. If the increase
is to the Term Loan Facility, as of the Increase Effective Date, the amortization schedule for the
Term Loans set forth in Section 2.07(a) shall be amended to increase the then remaining
unpaid installments of principal by an aggregate amount equal to the additional Term Loans being
made on such date, such aggregate amount to be applied to increase such installments ratably in
accordance with the amounts in effect immediately prior to the Increase Effective Date. Such
amendment may be signed by the Administrative Agent on behalf of the Term Lenders.

(e) Conditions to Effectiveness of Increase. As a condition precedent to such
increase, the Borrower shall deliver to the Administrative Agent a certificate of each Loan Party
dated as of the Increase Effective Date (in sufficient copies for each Lender) signed by a
Responsible Officer of such Loan Party (x) certifying and attaching the resolutions adopted by such
Loan Party approving or consenting to such increase, and (y) in the case of the Borrower,
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 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 2.16, the representations and warranties
contained in subsections (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,
(B) after giving effect to such increase in Commitments or Loans made available by such increase,
the Borrower and its Consolidated Subsidiaries shall be in compliance with Section 7.17 on
a Pro Forma Basis and (C) no Default exists. If the increase is to the Term Facility, the
additional Term Loans shall be made by the Term Lenders participating therein pursuant to the
procedures set forth in Section 2.02. If the increase is to the Revolving Credit Facility,
the Borrower shall prepay any Revolving Credit Loans outstanding on the 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 2.16.

(f) Conflicting Provisions. This Section 2.16 shall supersede any provisions
in Section 2.13 or 10.01 to the contrary. Minimum prepayment amounts in
Section 2.05 shall not apply to prepayments pursuant to this Section.

 

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ARTICLE III

TAXES, YIELD PROTECTION AND ILLEGALITY

3.01 Taxes. (a) Payments Free of Taxes; Obligation to Withhold; Payments on Account of
Taxes. (i) Any and all payments by or on account of any obligation of the Borrower hereunder
or under any other Loan Document shall to the extent permitted by applicable Laws be made free and
clear of and without reduction or withholding for any Taxes. If, however, applicable Laws require
the Borrower or the Administrative Agent to withhold or deduct any Tax, such Tax shall be withheld
or deducted in accordance with such Laws as determined by the Borrower or the Administrative Agent,
as the case may be, upon the basis of the information and documentation to be delivered pursuant to
subsection (e) below.

(ii) If the Borrower or the Administrative Agent shall be required by applicable Law to
withhold or deduct any Taxes including both United States Federal backup withholding and
withholding taxes, from any payment, then (A) the Administrative Agent shall withhold or
make such deductions as are determined by the Administrative Agent to be required based upon
the information and documentation it has received pursuant to subsection (e) below, (B) the
Administrative Agent shall timely pay the full amount withheld or deducted to the relevant
Governmental Authority in accordance with applicable Law, and (C) to the extent that the
withholding or deduction is made on account of Indemnified Taxes or Other Taxes, the sum
payable by the Borrower shall be increased as necessary so that after any required
withholding or the making of all required deductions (including deductions applicable to
additional sums payable under this Section) the Administrative Agent, Lender or L/C Issuer,
as the case may be, receives an amount equal to the sum it would have received had no such
withholding or deduction been made.

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

(c) Tax Indemnifications. (i) Without limiting the provisions of subsection (a) or
(b) above, the Borrower shall, and does hereby, indemnify the Administrative Agent, each Lender and
the L/C Issuer, and shall make payment in respect thereof within 10 Business 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)
withheld or deducted by the Borrower or the Administrative Agent or 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. The Borrower shall also, and does hereby, indemnify the Administrative Agent, and shall
make payment in respect thereof within 10 days after demand therefor, for any amount which a Lender
or the L/C Issuer for any reason fails to pay indefeasibly to the Administrative Agent as required
by clause (ii) of this subsection. A certificate as to the amount of any such payment or liability
delivered to the 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.

 

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(ii) Without limiting the provisions of subsection (a) or (b) above, each Lender and
the L/C Issuer shall, and does hereby, indemnify the Borrower and the Administrative Agent,
and shall make payment in respect thereof within 10 days after demand therefor, against any
and all Taxes and any and all related losses, claims, liabilities, penalties, interest and
expenses (including the fees, charges and disbursements of any counsel for the Borrower or
the Administrative Agent) incurred by or asserted against the Borrower or the Administrative
Agent by any Governmental Authority as a result of the failure by such Lender or the L/C
Issuer, as the case may be, to deliver, or as a result of the inaccuracy, inadequacy or
deficiency of, any documentation required to be delivered by such Lender or the L/C Issuer,
as the case may be, to the Borrower or the Administrative Agent pursuant to subsection (e).
Each Lender and the L/C Issuer hereby authorizes the Administrative Agent to set off and
apply any and all amounts at any time owing to such Lender or the L/C Issuer, as the case
may be, under this Agreement or any other Loan Document against any amount due to the
Administrative Agent under this clause (ii). The agreements in this clause (ii) shall
survive the resignation and/or replacement of the Administrative Agent, any assignment of
rights by, or the replacement of, a Lender or the L/C Issuer, the termination of the
Aggregate Commitments and the repayment, satisfaction or discharge of all other Obligations.

(d) Evidence of Payments. Upon request by the Borrower or the Administrative Agent,
as the case may be, after any payment of Taxes by the Borrower or the Administrative Agent to a
Governmental Authority as provided in this Section 3.01, the Borrower shall deliver to the
Administrative Agent or the Administrative Agent shall deliver to the Borrower, as the case may be,
the original or a certified copy of a receipt issued by such Governmental Authority evidencing such
payment, a copy of any return required by Laws to report such payment or other evidence of such
payment reasonably satisfactory to the Borrower or the Administrative Agent, as the case may be.

(e) Status of Lenders; Tax Documentation. (i) Each Lender shall deliver to the
Borrower and to the Administrative Agent, at the time or times prescribed by applicable Laws or
when reasonably requested by the Borrower or the Administrative Agent, such properly completed and
executed documentation prescribed by applicable Laws or by the taxing authorities of any
jurisdiction and such other reasonably requested information as will permit the Borrower or the
Administrative Agent, as the case may be, to determine (A) whether or not payments made hereunder
or under any other Loan Document are subject to Taxes, (B) if applicable, the required rate of
withholding or deduction, and (C) such Lender’s entitlement to any available exemption from, or
reduction of, applicable Taxes in respect of all payments to be made to such Lender by the Borrower
pursuant to this Agreement or otherwise to establish such Lender’s status for withholding tax
purposes in the applicable jurisdiction.

 

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(ii) Without limiting the generality of the foregoing, if the Borrower is resident for tax
purposes in the United States,

(A) any Lender that is a “United States person” within the meaning of Section
7701(a)(30) of the Code shall deliver to the Borrower and the Administrative Agent
executed originals of Internal Revenue Service Form W-9 or such other documentation
or information prescribed by applicable Laws or reasonably requested by the Borrower
or the Administrative Agent as will enable the Borrower or the Administrative Agent,
as the case may be, to determine whether or not such Lender is subject to backup
withholding or information reporting requirements; and

(B) each Foreign Lender that is entitled under applicable Law or any applicable
treaty to an exemption from or reduction of withholding tax with respect to payments
hereunder or under any other Loan Document shall deliver to the Borrower 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
Borrower or the Administrative Agent, but only if such Foreign Lender is legally
entitled to do so), whichever of the following is applicable (and shall in any event
deliver at least one of the following):

(I) executed originals 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) executed originals of Internal Revenue Service Form W-8ECI,

(III) executed originals of Internal Revenue Service Form W-8IMY and
all required supporting documentation,

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

(V) executed originals of any other form prescribed by applicable Laws
as a basis for claiming exemption from or a reduction in United States
Federal withholding tax together with such supplementary documentation as
may be prescribed by applicable Laws to permit the Borrower or the
Administrative Agent to determine the withholding or deduction required to
be made.

 

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(iii) Each Lender shall promptly (A) notify the Borrower and the Administrative
Agent of any change in circumstances which would modify or render invalid any
claimed exemption or reduction, and (B) 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 jurisdiction that
the Borrower or the Administrative Agent make any withholding or deduction for taxes
from amounts payable to such Lender.

(f) Treatment of Certain Refunds. Unless required by applicable Laws, at no time
shall the Borrower or the Administrative Agent have any obligation to file for or otherwise pursue
on behalf of a Lender or the L/C Issuer, or have any obligation to pay to any Lender or the L/C
Issuer, any refund of Taxes withheld or deducted from funds paid for the account of such Lender or
the L/C Issuer, as the case may be. If the Administrative Agent, any Lender or the L/C Issuer
determines, in good faith, that it has received a refund of any Taxes or Other Taxes as to which it
has been indemnified by the Borrower or any other applicable Loan Party or with respect to which
the Borrower or any other applicable Loan Party has paid additional amounts pursuant to this
Section, it promptly shall pay to the Borrower or such other applicable Loan Party an amount equal
to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by
the Borrower or such Loan Party under this Section with respect to the Taxes or Other Taxes giving
rise to such refund), net of all reasonable out-of-pocket expenses incurred by 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
the Borrower or other applicable Loan Party, jointly and severally, upon the request of the
Administrative Agent, such Lender or the L/C Issuer, agrees to repay the amount paid over to the
Borrower or such Loan Party (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 subsection 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 the Borrower any other applicable Loan Party
or any other Person.

3.02 Illegality. If any Lender 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 Loans whose interest is determined by reference to the Eurodollar
Rate, 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 in the London interbank market, then, on notice thereof by such Lender
to the Borrower through the Administrative Agent, (i) any obligation of such Lender to make or
continue Eurodollar Rate Loans or to convert Base Rate Loans to Eurodollar Rate Loans shall be
suspended, and (ii) if such notice asserts the illegality of such Lender making or maintaining Base
Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate component
of the Base Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to
avoid such illegality, be determined by the Administrative Agent without reference to the
Eurodollar Rate component of the Base Rate, in each case until such Lender notifies the
Administrative Agent and the Borrower that the circumstances giving rise to such determination no
longer exist. Upon receipt of such notice, (x) the Borrower shall, upon demand from such Lender
(with a copy to the Administrative Agent), prepay or, if applicable,

 

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convert all Eurodollar Rate
Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if
necessary to avoid such illegality, be determined by the Administrative Agent without reference to
the Eurodollar Rate component of the Base Rate), 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 and
(y) if such notice asserts the illegality of such Lender determining or charging interest rates
based upon the Eurodollar Rate, the Administrative Agent shall during the period of such suspension
compute the Base Rate applicable to such Lender without reference to the Eurodollar Rate component
thereof until the Administrative Agent is advised in writing by such Lender that it is no longer
illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate.
Upon any such prepayment or conversion, the Borrower 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) Dollar deposits are not being offered to banks in the London interbank eurodollar market
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 or in connection with an existing or proposed Base
Rate Loan, 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 Borrower and each Lender.
Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be
suspended, and (y) in the event of a determination described in the preceding sentence with respect
to the Eurodollar Rate component of the Base Rate, the utilization of the Eurodollar Rate component
in determining the Base Rate shall be suspended, in each case until the Administrative Agent (upon
the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the
Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of
Eurodollar Rate Loans 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 Loan the interest on which is determined by reference to the Eurodollar Rate (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, and provided such Lender
or L/C Issuer is generally charging its other borrowers therefor, the 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 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 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 subsection (a) or (b) of this Section and
setting forth in reasonable detail the basis thereof, and delivered to the Borrower shall be
conclusive absent manifest error. The Borrower shall pay such Lender or the L/C Issuer, as the
case may be, the amount shown as due on any such certificate within 10 Business 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 the Borrower shall not 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 Borrower of the Change in Law giving rise to such increased costs or reductions and of such
Lender’s or the L/C Issuer’s 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).

 

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(e) Reserves on Eurodollar Rate Loans. The Borrower shall pay to each Lender, as long
as such Lender shall be required to maintain reserves with respect to liabilities or assets
consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency
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), which shall be due and payable
on each date on which interest is payable on such Loan, provided the Borrower shall have
received at least 10 Business Days prior notice (with a copy to the Administrative Agent) of such
additional interest from such Lender. If a Lender fails to give notice 10 Business Days prior to
the relevant Interest Payment Date, such additional interest shall be due and payable 10 Business
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 Borrower shall promptly compensate such Lender for and hold such
Lender harmless from any 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 the 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 Borrower; or

(c) 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 Borrower pursuant to Section 10.13;

including any loss of anticipated profits and any loss or expense arising from the liquidation or
reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the
deposits from which such funds were obtained. The Borrower shall also pay any customary
administrative fees charged by such Lender in connection with the foregoing.

For purposes of calculating amounts payable by the 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 London interbank
eurodollar market for a comparable amount and for a comparable period, whether or not such
Eurodollar Rate Loan was in fact so funded.

 

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3.06 Mitigation Obligations; Replacement of Lenders. (a) Designation of a Different
Lending Office. If any Lender requests compensation under Section 3.04, or the
Borrower is required to pay any additional amount to any Lender, the L/C Issuer, or any
Governmental Authority for the account of any Lender or the L/C Issuer pursuant to Section 
3.01, or if any Lender gives a notice pursuant to Section 3.02, then upon
Borrower’s written request such Lender or the L/C Issuer shall, as applicable, 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 or the L/C Issuer, 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 or the L/C Issuer, as the case may
be, to any unreimbursed cost or expense and would not otherwise be materially disadvantageous to
such Lender or the L/C Issuer, as the case may be. The Borrower hereby agrees to pay all
reasonable costs and expenses incurred by any Lender or the L/C Issuer in connection with any such
designation or assignment.

(b) Replacement of Lenders. If any Lender requests compensation under Section
3.04, or if the 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 notice is
given pursuant to Section 3.02, the Borrower may replace such Lender in accordance with Section
10.13.

3.07 Survival. All of the Borrower’s obligations under this Article III shall survive
termination of the Aggregate Commitments, repayment of all other Obligations hereunder, and
resignation of the Administrative Agent.

ARTICLE IV

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS

4.01 Conditions to Closing. The obligation of the L/C Issuer and each Lender hereunder is
subject to satisfaction of the following conditions precedent on the Closing Date:

(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 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 and each of the Lenders:

(i) executed counterparts of this Agreement, each Collateral Document and the
Subsidiary Guaranty, sufficient in number for distribution to the Administrative Agent, each
Lender and the Borrower;

(ii) an original Note executed by the Borrower in favor of each Lender requesting a
Note;

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

 

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(iv) such documents and certifications as the Administrative Agent may reasonably
require to evidence that each of the Loan Parties is duly organized or formed, 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, except to the extent that failure to do so could not reasonably be expected
to have a Material Adverse Effect, including, certified copies of the Organization Documents
of the Loan Parties, certificates of good standing and/or qualification to engage in
business and tax clearance certificates of the Loan Parties;

(v) favorable opinions of special counsel for the Loan Parties, addressed to the
Administrative Agent and each Lender, as to the matters set forth in Exhibit H
hereto and such other matters concerning the Loan Parties and the Loan Documents as the
Required Lenders may reasonably request and including, among other things, opinions
regarding the enforceability of the security interests created thereby;

(vi) a certificate of a Responsible Officer of each Loan Party either (A) attaching
copies of all consents, licenses and approvals of Governmental Authorities, shareholders and
other Persons required in connection with the execution, delivery and performance by such
Loan Party and the validity against such Loan Party of the Loan Documents to which it is a
party and required in connection with the Loan Documents and the transactions contemplated
thereby (including, without limitation, the expiration, without imposition of conditions, of
all applicable waiting periods in connection with the transactions contemplated by the Loan
Documents), and such consents, licenses and approvals shall be in full force and effect, or
(B) stating that no such consents, licenses or approvals are so required;

(vii) copies of the financial statements referred to in Sections 5.05(a) and
(b), and a certificate signed by a Responsible Officer of the Borrower and evidence
satisfactory to the Administrative Agent with respect thereto certifying (A) that the
conditions specified in Sections 4.02(a) and (b) have been satisfied, and
(B) that 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;

(viii) evidence that all insurance required to be maintained pursuant to the Loan
Documents has been obtained and is in full force, together with certificates of insurance
evidencing that the Administrative Agent, on behalf of the Lenders, is an additional insured
or lender’s 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;

(ix) original certificates evidencing all of the issued and outstanding shares of
capital stock or other Equity Interest required to be pledged pursuant to the terms of the
Pledge Agreement, which certificates shall be accompanied by undated stock powers duly
executed in blank by each relevant pledgor in favor of the Administrative Agent;

 

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(x) the original Intercompany Notes required to be pledged pursuant to the terms of the
Pledge Agreement, duly endorsed in blank by each relevant pledgor in favor of the
Administrative Agent;

(xi) certified copies of Uniform Commercial Code Requests for Information or Copies
(Form UCC-11) or similar search reports certified by a party acceptable to the
Administrative Agent, dated a date reasonably near (but prior to) the Closing Date, listing
all effective UCC financing statements, tax liens and judgment liens which name any Loan
Party, as the debtor, and which are filed in the jurisdictions in which such Loan Parties
are organized, together with copies of such financing statements (none of which (other than
financing statements filed pursuant to the terms hereof in favor of the Administrative
Agent, if such Form UCC-11 or search report, as the case may be, is current enough to list
such financing statements) shall cover any of the Collateral, other than Liens existing on
the Closing Date or permitted by Section 7.01(b), (c) or (j));

(xii) acknowledgment copies of UCC financing statements (or delivery in proper form for
filing) naming the Borrower and each other Loan Party as the debtor and the Administrative
Agent as the secured party, which such UCC financing statements have been filed, or have
been delivered for filing, under the UCC of all jurisdictions as may be necessary or, in the
opinion of the Administrative Agent, desirable to perfect the first priority security
interest of the Administrative Agent pursuant to the Security Agreement and the Pledge
Agreement;

(xiii) evidence that all other action that the Administrative Agent may deem necessary
or desirable in order to perfect and protect the first priority liens and security interests
created under the Collateral Documents has been taken (including, without limitation,
receipt of duly executed payoff letters, UCC-3 termination statements);

(xiv) copies of certain Material Contracts previously delivered to the Administrative
Agent;

(xv) evidence of appointment of Corporation Service Company as agent for service of
process for the Borrower and the Subsidiary Guarantors;

(xvi) a duly completed Compliance Certificate as of the last day of the fiscal quarter
of the Borrower on June 30, 2010, signed by a Responsible Officer of the Borrower; and

(xvii) such other assurances, certificates, documents, consents and waivers, estoppel
certificates, or opinions as the Administrative Agent, the L/C Issuer, the Swing Line Lender
or the Required Lenders reasonably may require.

(b) Such financial, business and legal due diligence and information regarding the Borrower
and its Subsidiaries as the Administrative Agent and its legal counsel shall have requested.

 

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(c) The Lenders shall be satisfied that, concurrently with the Closing Date, all existing
Indebtedness of the Borrower and its Subsidiaries has been repaid, redeemed or defeased
in full or otherwise satisfied and extinguished, except the Indebtedness permitted by
Section 7.03 hereof, which Indebtedness shall be on terms and conditions satisfactory to
the Lenders and all Liens securing such obligations have been or concurrently with the Closing Date
are being released, other than Liens permitted by Section 7.01.

(d) The Lenders shall be satisfied with the amount, terms and conditions of all intercompany
Indebtedness.

(e) The Administrative Agent shall be satisfied that except as could not reasonably be expect
to result in liability of the Borrower or any of its Subsidiaries in an aggregate amount equal to
or in excess of the Threshold Amount: (A) the Borrower and its Subsidiaries will be able to meet
their obligations under all employee welfare benefit plans (within the meaning of Section 3(1) of
ERISA), (B) all Pension Plans are funded in accordance with minimum statutory requirements under
the Pension Funding Rules, (C) no Reportable Event has occurred as to any Pension Plan, and (D) no
termination of, or withdrawal from, any such Pension Plan has occurred or is contemplated, in each
case, except as could not be reasonably be expected to result in liability of the Borrower or any
of its Subsidiaries in an aggregate amount equal to or in excess of the Threshold Amount.

(f) There shall exist (i) no order, decree, judgment, ruling, injunction, writ, temporary
restraining order or other order of any nature issued by any court or Governmental Authority or
(ii) no action, suit, proceeding, investigation, litigation, claim, dispute or proceeding, pending,
threatened or contemplated, at law or in equity, in arbitration or before any Governmental
Authority by or against or affecting the Borrower or any of its Subsidiaries or against any of
their respective properties or revenues, in each case, that (A) purports to affect, pertain to or
enjoin or restrain the execution, delivery and performance of the Loan Documents or any
transactions contemplated hereby or thereby, (B) either individually or in the aggregate, if
determined adversely, could reasonably be expected to have a Material Adverse Effect or (C)
purports to affect the legality, validity or enforceability of any Loan Document or the
consummation of the transactions contemplated hereby or thereby.

(g) No Law shall be applicable, in the judgment of the Administrative Agent, in each case that
restrains, prevents or imposes materially adverse conditions upon the transactions contemplated by
the Loan Documents or the rights of the Loan Parties to freely transfer or otherwise dispose of, or
to create any Lien on, any properties now owned or hereafter acquired by any of them.

(h) The Administrative Agent and the Lenders shall be reasonably satisfied with the corporate,
capital and ownership structure (including, without limitation, the organizational documents) and
the amount, terms and holders of Indebtedness (including intercompany Indebtedness) of the Borrower
and its Subsidiaries. The Lenders and the Administrative Agent shall be reasonably satisfied with
the corporate governance arrangements of the Borrower and its Subsidiaries.

(i) The Engagement Letter and each Fee Letter shall be in full force and effect and the
Borrower and each of the Loan Parties shall have complied with all of their respective obligations
thereunder.

 

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(j) The Administrative Agent shall have received certification as to the financial condition
and solvency (as described in Section 5.24) of each Loan Party from the chief financial officer of
the relevant Loan Party.

(k) Any fees and expenses required to be paid on or before the Closing Date shall have been
paid, including those fees and expenses set forth in the Engagement Letter and Fee Letters.

(l) The Borrower shall have paid all fees, charges and disbursements of counsel to the
Administrative Agent to the extent invoiced prior to or on the Closing Date, plus such additional
amounts of fees, charges and disbursements of counsel to the Administrative Agent as shall
constitute its reasonable estimate of fees, charges and disbursements of counsel to the
Administrative Agent incurred or to be incurred by it through the closing proceedings
(provided, that such estimate shall not thereafter preclude a final settling of accounts
between the Borrower and the Administrative Agent).

(m) Since December 31, 2009, no changes or developments shall have occurred, and no new or
additional information shall have been received or discovered by the Administrative Agent, any
Arranger or any Lender regarding the Borrower or its Subsidiaries that either individually or in
the aggregate constitutes or has had or could reasonably be expected to constitute or have a
Material Adverse Effect.

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 and the L/C
Issuer to honor any Request for Credit Extension (other than a 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 the Borrower and each other Loan Party contained in
Article V or any 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, (i) except to the extent that such representations and warranties
specifically refer to an earlier date, in which case they shall be true and correct as of such
earlier date, (ii) except that for purposes of this Section 4.02, the representations and
warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to
the most recent statements furnished pursuant to subsections (a) and (b), respectively, of
Section 6.01 and (iii) together with any additional items that will be disclosed on updated
Schedules delivered on the next scheduled delivery date, as to which the Borrower has notified the
Administrative Agent in writing.

 

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(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.

Each Request for Credit Extension (other than a Loan Notice requesting only a conversion of
Loans to the other Type or a continuation of Eurodollar Rate Loans) submitted by the Borrower 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

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

5.01 Existence, Qualification and Power. Each of the Borrower and its Subsidiaries (a) is
duly organized or formed, validly existing and 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, accreditations, authorizations, consents and approvals to (i) own or lease
its assets and carry on its business as presently conducted, except where a failure to have such
power and authority or to have such governmental licenses, accreditations, authorizations, consents
and approvals, individually or in the aggregate, could not reasonably be expected to result in a
Material Adverse Effect, and (ii) execute, deliver and perform its obligations under the Loan
Documents to which it is a party, and (c) is duly qualified and 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 except in such jurisdictions where failure to so qualify or be
in good standing, individually or in the aggregate, could not reasonably be expected to result in a
Material Adverse Effect. There is no existing default under any Organization Document of the
Borrower or any of its Subsidiaries or any event which, with the giving of notice or passage of
time or both, would constitute a default thereunder.

5.02 Authorization; No Contravention. The execution, delivery and performance by each Loan
Party of each Loan Document to which such Person is party, have been duly authorized by all
necessary corporate or other organizational action. The execution, delivery and performance by
each Loan Party of each Loan Document to which it is a party, and the consummation of the
transactions contemplated hereby with respect to each Loan Party, 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 (except for the Liens created under the Loan Documents) the
creation of any Lien under, or require any payment to be made under (i) any Contractual Obligation
to which such Person or such Person’s Affiliate 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. Each Loan Party and each Subsidiary thereof is in compliance with
all Contractual Obligations referred to in clause (b)(i), except to the
extent that failure to do so could not reasonably be expected to have a Material Adverse
Effect. No Subsidiary of the Borrower is in violation of any Law or in breach of any Contractual
Obligation, the violation or breach of which could be reasonably likely to have a Material Adverse
Effect.

 

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5.03 Governmental Authorization; Other Consents. No approval, consent, exemption,
authorization, or other action by, or notice to, or filing, registration, qualification or
accreditation with, any Governmental Authority (including, without limitation, exchange control) or
any other Person (including any party to any contract or agreement to which the Borrower or any of
its Subsidiaries or any of their respective Affiliates is a party) is necessary or required in
connection with (a) the execution, delivery or performance by, or enforcement against, any Loan
Party of this Agreement or any other Loan Document (other than those that have been obtained), (b)
the validity or enforceability of any Loan Documents against the Loan Parties (except such filings
or notices as are necessary in connection with the perfection of the Liens created by such Loan
Documents), or (c) the consummation of the transactions contemplated hereby, other than (i) the
filing of financing statements in the UCC filing offices of each jurisdiction referred to in
Schedule 3.1(a)(i) to the Security Agreement, and (ii) those listed on Schedule 5.03
hereto, all of which have been obtained.

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 to which any Loan Party is a party when so
delivered will constitute, a legal, valid and binding obligation of such Loan Party, enforceable
against each such Person in accordance with its terms, subject to equitable principles and Debtor
Relief Laws.

5.05 Financial Statements; No Material Adverse Effect; No Internal Control Event. (a) The
Audited Financial Statements furnished to the Administrative Agent and each Lender (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 Borrower
and its Consolidated 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 material liabilities (to the extent required to be shown by GAAP), direct or contingent, of
the Borrower and its Consolidated Subsidiaries as of the date thereof, including liabilities for
taxes, material commitments and Indebtedness.

(b) The Unaudited Financial Statements furnished to the Administrative Agent and each Lender
(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, when read together with the notes therein, of the Borrower and its Consolidated
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) above, to the absence of footnotes, required
formatting, and to normal year-end audit adjustments and (iii) show all material indebtedness and
other material liabilities (to the extent required to be shown by GAAP), direct or contingent, of
the Borrower and its Consolidated Subsidiaries as of the date of such financial statements,
including liabilities for taxes, material commitments and Indebtedness.

 

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(c) Since the date of the Audited Financial Statements, no Internal Control Event has occurred
which has not been corrected within 180 days or, if the event giving rise to such Internal Control
Event can only be tested on an annual basis, as of the date of the report to the SEC describing and
disclosing the remediation.

(d) Since the date of the most recent 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.

(e) The financial statements delivered to the Administrative Agent and each Lender pursuant to
Sections 6.01(a) and (b), (i) will be prepared in accordance with GAAP, except as
otherwise noted therein and except as otherwise permitted by Section 6.01(a) and (b) and
(ii) will fairly present the financial condition of the Borrower and its Consolidated Subsidiaries
as of the date thereof and their results of operations for the period covered thereby in accordance
with GAAP.

5.06 Litigation. To the knowledge of the Borrower after due and diligent investigation, there
are no actions, suits, proceedings, investigations, litigations, claims, disputes or proceedings,
pending or threatened or contemplated, at law, in equity, in arbitration or before any Governmental
Authority, by or against the Borrower or any of its Subsidiaries or against any of their respective
properties or revenues or orders, decrees, judgments, rulings, injunctions, writs, temporary
restraining orders or other orders of any nature issued by any court or Governmental Authority that
(a) purport to affect, pertain to or enjoin or restrain the execution, delivery or performance of
the Loan Documents, or any of the transactions contemplated hereby or thereby, (b) either
individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect,
or (c) purport to affect the legality, validity or enforceability of the Loan Documents or the
consummation of the transactions contemplated hereby and thereby.

5.07 No Default. No Default has occurred and is continuing or would result from the
consummation of the transactions contemplated by this Agreement or any other Loan Document.

5.08 Subsidiaries and Equity Investments. The Borrower has no Subsidiaries other than those
specifically disclosed in Part (a) of Schedule 5.08 (including the jurisdiction of
organization, classes of Equity Interests, options, warrants, rights of subscription, conversion
and exchangeability and other similar rights, ownership and ownership percentages thereof), and
neither the Borrower nor any of its Subsidiaries has equity investments in any other corporation or
entity other than (x) those specifically disclosed in Part (b) of Schedule 5.08 and (y)
Minority Equity Interests. The outstanding shares of Equity Interests shown on Part (a) of
Schedule 5.08 have been validly issued, fully-paid and are non-assessable and owned free
and clear of Liens. The outstanding shares of Equity Interests shown are not subject to buy-sell,
voting trust or other shareholder agreement, except as specifically disclosed in Part (c) of
Schedule 5.08.

 

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5.09 Ownership. The authorized Equity Interests of the Borrower consists of 60,000,000 shares
of the common stock, $0.01 par value, of which approximately 29,000,000 shares are issued and
outstanding on the Closing Date. The outstanding shares of common stock
of the Borrower have been duly and validly authorized and issued, are fully paid and
nonassessable and were not issued in violation of the preemptive rights of any stockholder that
owns more than one percent (1%) of the issued and outstanding Equity Interests of the Borrower.
Except as set forth on Schedule 5.09 or as permitted by Section 7.06, the Borrower has no
other outstanding capital stock or Equity Interests, no incentive units, phantom stock or similar
arrangements and no calls, commitments or claims of any character binding on the Borrower relating
to its Equity Interests.

5.10 Ownership of Personal Property; Liens. Except as could not reasonably be expected to
have a Material Adverse Effect, each of the Borrower and its Subsidiaries has good title to all of
its respective personal properties and assets, free and clear of any Liens, except for Permitted
Liens. Each of the Borrower and its Subsidiaries has obtained all permits, licenses, franchises or
other certifications, accreditations, consents, approvals and authorizations, governmental or
private, necessary to the ownership of such properties and assets and the conduct of its business,
except where any failure to do so could not reasonably be expected to have a Material Adverse
Effect.

5.11 Intellectual Property; Licenses; Etc. Except as could not reasonably be expected to have
a Material Adverse Effect, each of the Borrower and its Subsidiaries owns, or possesses 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 is reasonably necessary for the operation of its businesses as presently conducted, without
conflict with the rights of any other Person. To the best knowledge of the Borrower and except as
could not reasonably be expected to have a Material Adverse Effect, no slogan or other advertising
device, product, process, method, substance, part or other material now employed, or now
contemplated to be employed, by the Borrower or any of its Subsidiaries infringes upon any rights
held by any other Person. To the best knowledge of the Borrower, no claim or litigation regarding
any of the foregoing is pending or threatened, which, either individually or in the aggregate,
could reasonably be expected to have a Material Adverse Effect.

5.12 Real Estate; Lease. (a) Except as could not reasonably be expected to have a Material
Adverse Effect, each of the Borrower and its Subsidiaries has (i) good and marketable fee title to
all of its owned Real Property Assets and (ii) good and valid title to the leasehold estates in all
of the leased Real Property Assets, in each case free and clear of all Liens except Permitted
Liens.

(b) Except as could not reasonably be expected to have a Material Adverse Effect, all permits,
licenses, franchises or other certifications, accreditations, consents, approvals and
authorizations, governmental or private, with respect to the Real Property Assets, necessary to
enable the Borrower and its Subsidiaries to lawfully occupy and use such property for all of the
purposes for which it is currently occupied and used have been lawfully issued and are in full
force and effect. Except as could not reasonably be expected to have a Material Adverse Effect,
all the Real Property Assets are in compliance in all material respects with all applicable legal
requirements, including the Americans with Disabilities Act of 1990. No consent or approval of any
landlord or other third party in connection with any leased Real Property Assets is necessary for
any Loan Party to enter into and execute, or the parties thereto to enforce, the Loan Documents.

 

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(c) Except as could not reasonably be expected to have a Material Adverse Effect, all
easements, cross easements, licenses, air rights and rights-of way or other similar property
interests, if any, necessary for the full utilization of the improvements for their intended
purposes have been obtained and are in full force and effect.

5.13 Environmental Matters. Except as disclosed on Schedule 5.13,

(a) Except as could not reasonably be expected to have a Material Adverse Effect, each of the
facilities and properties owned, leased or operated by any of the Borrower and its Subsidiaries
(the “Subject Properties”) and all operations at the Subject Properties are in compliance
with all applicable Environmental Laws, and there is no violation of any Environmental Law by the
Borrower or any of its Subsidiaries with respect to the Subject Properties or the businesses
operated by them (the “Businesses”), and there are no conditions relating to the Businesses
or Subject Properties that could give rise to liability under any applicable Environmental Laws.

(b) None of the Borrower or any of its Subsidiaries has received any written notice of, or
inquiry from any Governmental Authority regarding, any violation, alleged violation,
non-compliance, liability or potential liability regarding environmental matters or compliance with
Environmental Laws with regard to any of the Subject Properties or the Businesses, other than those
that have been resolved and those which could not reasonably be expected to have a Material Adverse
Effect nor does the Borrower or any of its Subsidiaries have knowledge or reason to believe that
any such notice will be received or is being threatened with respect to any matter the resolution
of which could reasonably be expected to have a Material Adverse Effect.

(c) Hazardous Materials have not been transported or disposed of from the Subject Properties,
or generated, treated, stored or disposed of at, on or under any of the Subject Properties or any
other location, in each case by or on behalf of any of the Borrower or its Subsidiaries in
violation of, or in a manner that would be reasonably likely to give rise to liability under, any
applicable Environmental Law and which could reasonably be expected to have a Material Adverse
Effect.

5.14 Security Documents. (a) The Security Agreement is effective to create in favor of the
Administrative Agent, for the ratable benefit of the Secured Parties, a legal, valid and
enforceable first priority security interest in the Collateral identified therein owned by each
Loan Party who is a party thereto, and, when financing statements in appropriate form are filed as
provided in Section 5.03, the Security Agreement shall constitute a fully perfected Lien
on, and security interest in, all right, title and interest of the grantors thereunder in such
Collateral that may be perfected by filing, recording or registering a financing statement under
the UCC, in each case prior and superior in right to any other Lien on any Collateral other than
Permitted Liens.

 

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(b) The Pledge Agreement is effective to create in favor of the Administrative Agent, for the
ratable benefit of the Secured Parties, a legal, valid and enforceable security interest in the
Pledged Equity Interests and Pledged Notes (each as defined in the Pledge Agreement) identified
therein, and, when such Pledged Equity Interests which are certificated
securities and such Pledged Notes are delivered to the Administrative Agent (and so long as
they continue to be properly held by the Administrative Agent), the Pledge Agreement shall
constitute a fully perfected first priority Lien on, and security interest in, all right, title and
interest of the pledgors thereunder in such Pledged Equity Interests and Pledged Notes (each as
defined in the Pledge Agreement), in each case subject to no other Lien.

5.15 Insurance. Each of the Borrower and its Subsidiaries maintains, with financially sound
and reputable insurance companies not Affiliates of the Borrower or any of its Subsidiaries,
insurance (including liability insurance and casualty 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 businesses and owning similar properties in localities where the Borrower or
any of its Subsidiaries operates, of such types and in such amounts, with such deductibles and
covering such risks, as are customarily carried under similar circumstances by such other Persons
(or otherwise required in the Collateral Documents) or with self-insurance programs in the ordinary
course of business that are customary for companies in similar businesses and of similar size;
provided, that, with respect to general liability or product liability insurance,
self-insurance exposure does not exceed $10,000,000 in the aggregate for any fiscal year. All such
policies are in full force and effect, all premiums due and payable thereon have been paid, and no
notice of cancellation or termination has been received with respect to any such policy which has
not been replaced on substantially similar terms prior to the date of such cancellation or
termination. The activities and operations of the Borrower and its Subsidiaries have been
conducted in a manner so as to conform in all material respects to all applicable provisions of
such insurance policies.

5.16 Transactions with Affiliates. Except as set forth in Schedule 5.16 or permitted
by Section 7.09, none of the Borrower or any of its Subsidiaries is a party to or engaged
in any transaction with, and none of the properties and assets of Borrower or any of its
Subsidiaries will be subject to or bound by any agreement or arrangement with, (a) any Subsidiary
or Affiliate of Borrower or any of its Subsidiaries or (b) any Affiliate of such Subsidiary or
Affiliate.

5.17 Taxes. Each of the Borrower and its Subsidiaries has timely filed all Federal, state and
other material tax returns and reports required to be filed, and have timely paid all Federal,
state and other material taxes, assessments, fees and other governmental charges levied or imposed
upon them or their properties, income or assets otherwise due and payable, whether or not shown on
any tax return, except those which are being contested in good faith by appropriate actions or
proceedings reasonably conducted and for which adequate reserves have been provided in accordance
with GAAP. There is no proposed tax assessment against the Borrower or any of its Subsidiaries
that would, if made, have a Material Adverse Effect. Neither any Loan Party nor any Subsidiary
thereof is a party to any tax sharing agreement.

 

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5.18 ERISA Compliance. (a) Except as could not reasonably be expected to result in liability
of the Borrower or any of its Subsidiaries in an aggregate amount equal to or in excess of the
Threshold Amount: (i) each Plan is in compliance in all material respects with the applicable
provisions of ERISA, the Code and other Federal or state Laws; (ii) each Plan that is intended to
be a qualified plan under Section 401(a) of the Code has received a favorable determination letter
(or, to the extent that such Plan qualifies as a prototype or volume submitter
plan, as classified by the Code, ERISA and applicable guidance promulgated thereunder, an
advisory opinion letter) from the IRS to the effect that the form of such Plan is qualified or
acceptable under Section 401 of the Code, or an application for such a letter is currently being
processed by the IRS with respect thereto, and, to the best knowledge of the Borrower, nothing has
occurred which would prevent, or cause the loss of, such tax-qualified status; and (iii) each of
the Borrower and its Subsidiaries and each of their respective ERISA Affiliates have made all
required contributions to each Pension 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 Pension Plan.

(b) There are no pending or, to the best knowledge of the Borrower, 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) Except as could not reasonably be expected to result in liability of the Borrower or any
of its Subsidiaries in an aggregate amount equal to or in excess of the Threshold Amount: (i) no
ERISA Event has occurred, and neither the Borrower nor any ERISA Affiliate is aware of any fact,
event or circumstance that could reasonably be expected to constitute or result in an ERISA Event
with respect to any Pension Plan; (ii) the Borrower and each ERISA Affiliate has met all applicable
requirements under the Pension Funding Rules in respect of each Pension Plan, and no waiver of the
minimum funding standards under the Pension Funding Rules has been applied for or obtained; (iii)
as of the most recent valuation date for any Pension Plan, the funding target attainment percentage
(as defined in Section 430(d)(2) of the Code) is 60% or higher and neither the Borrower nor any
ERISA Affiliate knows of any facts or circumstances that could reasonably be expected to cause the
funding target attainment percentage for any such plan to drop below 60% as of the most recent
valuation date; (iv) neither the Borrower nor any ERISA Affiliate has incurred any liability to the
PBGC (other than for the payment of premiums due and not delinquent under Section 4007 of ERISA);
(v) neither the Borrower nor any ERISA Affiliate has engaged in a transaction that could be subject
to Section 4069 or Section 4212(c) of ERISA; and (vi) no Pension Plan has been terminated by the
plan administrator thereof nor by the PBGC, and no event or circumstance has occurred or exists
that could reasonably be expected to cause the PBGC to institute proceedings under Title IV of
ERISA to terminate any Pension Plan.

(d) Neither the Borrower or any ERISA Affiliate maintains or contributes to, or has any
unsatisfied obligation to contribute to, or liability under, any active or terminated Pension Plan
other than, on the Closing Date, those listed on Schedule 5.18 hereto.

5.19 Purpose of Loans and Letters of Credit. The proceeds of any Loans made are to be used
solely to refinance the Existing Credit Agreement, to pay fees and expenses incurred in connection
with the transactions contemplated hereby, to finance transactions permitted by Section
7.04, to refinance the Convertible Notes and other Indebtedness permitted by Section
7.03, to provide for working capital and for other lawful corporate purposes of the Borrower
and its Subsidiaries.

 

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5.20 Margin Regulations; Investment Company Act; Public Utility Holding Company Act. (a) None
of the Borrower or any of its Subsidiaries is engaged and 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, and no proceeds of any Loans or drawings under any Letter of Credit will be used to
purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or
carrying margin stock.

(b) None of the Borrower or any of its Subsidiaries is or is required to be registered as an
“investment company” under the Investment Company Act of 1940. Neither the making of the Loans,
nor the issuance of the Letters of Credit or the application of the proceeds or repayment thereof
by the Borrower, nor the consummation of other transactions contemplated hereunder, will violate
any provision of any such Act or any rule, regulation or order of the SEC.

5.21 Disclosure. Each of the Borrower and its Subsidiaries 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 is subject, and all other matters known to it,
that, individually or in the aggregate, are material to the business of the Borrower and its
Subsidiaries or could reasonably be expected to result in a Material Adverse Effect. No written
report, financial statement, certificate or other information furnished by or, to the knowledge of
Borrower, on behalf of the Borrower or any of its Subsidiaries to the Administrative Agent or any
Lender in connection with the transactions contemplated hereby and the negotiation of this
Agreement and the other Loan Documents or delivered hereunder or thereunder 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 Borrower represents only
that such information was prepared in good faith based upon assumptions believed to be reasonable
at the time.

5.22 Compliance with Laws. Each of the Borrower and its Subsidiaries 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 actions or
proceedings reasonably 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.

5.23 Labor Matters. Except as would not reasonably be expected to have a Material Adverse
Effect:

(a) There are no strikes or lockouts against the Borrower or any of its Subsidiaries pending
or, to the best knowledge of the Borrower, threatened.

(b) The hours worked by and payments made to employees of the Borrower and its Subsidiaries
have not been in violation of the Fair Labor Standards Act or any other applicable federal, state,
local or foreign Law dealing with such matters in any case where a
Material Adverse Effect would reasonably be expected to occur as a result of the violation
thereof.

 

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(c) All payments due from the Borrower or any of its Subsidiaries, or for which any claim may
be made against the Borrower or any of its Subsidiaries, on account of wages and employee health
and welfare insurance and other benefits, have been paid or accrued as a liability on the books of
the Borrower or such Subsidiary to the extent required by GAAP.

(d) Except as set forth on Schedule 5.23, none of the Borrower or any of its
Subsidiaries is a party to a collective bargaining agreement.

Set forth on Schedule 5.23 is a summary of all material labor matters to the best
knowledge of the Borrower pending before any Governmental Authority or threatened by or against the
Borrower or any of its Subsidiaries, and none of such labor matters, individually or in the
aggregate, would reasonably be expected to have a Material Adverse Effect.

5.24 Solvency. Immediately after giving effect to the initial Credit Extension made on the
Closing Date and any other transactions occurring on the Closing Date, (a) the fair value of the
assets of each Loan Party will exceed its debts and liabilities, subordinated, contingent or
otherwise, (b) the present fair saleable value of the property of each Loan Party will be greater
than the amount that will be required to pay the probable liability of its debts and other
liabilities, subordinated, contingent or otherwise, as such debts and other liabilities become
absolute and matured and (c) each Loan Party will not have unreasonably small capital with which to
conduct its business in which it is engaged as such business is now conducted and is proposed to be
conducted following the Closing Date. For purposes of this Section 5.24, the amount of any
contingent liabilities of any Loan Party (including liabilities in respect of litigation,
guaranties and pension plans) shall be calculated as the maximum reasonably anticipated liability
in respect thereof as determined by such Loan Party in good faith, in light of all the facts and
circumstances existing at the time.

5.25 Material Contracts. Set forth on Schedule 5.25 is a complete and accurate list
of all Material Contracts of each of the Loan Parties, showing as of the date hereof, the name
thereof, the parties, the subject matter and the term. Each such Material Contract has been duly
authorized, executed and delivered by the Borrower or applicable Subsidiary (and to Borrower’s
knowledge, by the other parties thereto), is in full force and effect and is binding upon and
enforceable against the Borrower and its Subsidiaries that are parties thereto (and to Borrower’s
knowledge, against the other parties thereto) in accordance with its terms.

5.26 Nature of Business. As of the Closing Date, the Borrower and its Subsidiaries, other
than inactive Subsidiaries that are Excluded Subsidiaries, are engaged in the business of
developing, manufacturing and marketing medical devices, implants and biomaterials for use in
surgery or other medical treatment, or activities related, ancillary or complementary thereto.

 

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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 Borrower
shall, and shall (except in the case of the covenants set forth in Sections 6.01, 6.02, 6.03
and 6.14) cause each Subsidiary to:

6.01 Financial Statements. Deliver to the Administrative Agent (for further distribution to
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 one hundred (100) days after the end of each
fiscal year thereafter of the Borrower and its Consolidated Subsidiaries (or, if earlier, the date
that is five (5) days after the reporting date for such information required by the SEC), a
consolidated (but not consolidating) balance sheet of the Borrower and its Consolidated
Subsidiaries as at the end of such fiscal year, and the respective related consolidated (but not
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 balance
sheet and statements to be audited and accompanied by (i) a report and opinion of a Registered
Public Accounting Firm of nationally recognized standing, 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 and (ii) if required by applicable law, an
attestation report of such Registered Public Accounting Firm as to the Borrower’s internal controls
pursuant to Section 404 of Sarbanes-Oxley; and

(b) as soon as available, but in any event within fifty-five (55) days after the end of each
of the first three fiscal quarters of each fiscal year of the Borrower and its Consolidated
Subsidiaries (or, if earlier, the date that is five (5) days after the reporting date for such
information required by the SEC) commencing with the fiscal quarter ending June 30, 2010, a
consolidated (but not consolidating) balance sheet of the Borrower and its Consolidated
Subsidiaries as at the end of such fiscal quarter, and the related consolidated (but not
consolidating) statements of income or operations for such fiscal quarter and the portion of such
fiscal year then ended, as well as shareholders’ equity and cash flows for the portion of such
fiscal year then ended, setting forth in comparative form the figures for the corresponding fiscal
quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, as
the case may be, or in the case of the balance sheet, the end of the previous fiscal year, all in
reasonable detail, such consolidated balance sheet and statements to be certified by a Responsible
Officer of the Borrower as fairly presenting the financial condition, results of operations,
shareholders’ equity and cash flows of the Borrower and its Consolidated Subsidiaries on a
consolidated (but not consolidating) basis in accordance with GAAP, subject only to normal year-end
audit adjustments, formatting requirements, and the absence of footnotes.

 

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As to any information contained in materials furnished pursuant to Section 6.02(d), the
Borrower
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 Borrower
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 (for further
distribution to 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 its independent certified public accountants certifying such
financial statements and stating that in making the examination necessary therefor no knowledge was
obtained of any Default under the financial covenants set forth in Section 7.17 or, if such
knowledge was obtained, stating the nature and status of such Default setting forth the details of
such Default and the action of the Borrower has taken or proposes to take with respect thereto;

(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 a Responsible
Officer of the Borrower. In connection with the delivery by the Borrower of each Compliance
Certificate pursuant to this Section 6.02(b), the Borrower shall deliver to the
Administrative Agent supplements to Schedules 5.08, 5.23, and 5.25 and the
supplements required by Section 4.15 of the Security Agreement and Section 4.16 of
the Pledge Agreement, together with a statement of a Responsible Officer executing the Compliance
Certificate, certifying that, as of the date thereof, after giving effect to the supplements to
such Schedules and such report delivered therewith, the representations and warranties in
Article V hereof are true and correct in all material respects, except those
representations and warranties made as of a date certain which remain true and correct in all
material respects as of such date;

(c) [Intentionally Omitted].

(d) promptly after the same are available to the public, (i) copies of management discussion
and analysis in relationship to the financial statements delivered pursuant to Sections
6.01(a) and 6.01(b), (ii) copies of each annual report, proxy or financial statement or
other report or communication sent to the stockholders of the Borrower or any of its Subsidiaries,
and copies of all annual, regular, periodic and special reports and registration statements which
the Borrower or any of its Subsidiaries may file or be required to file with the SEC under Section
13 or 15(d) of the Securities Exchange Act of 1934, and not otherwise required to be delivered to
the Administrative Agent pursuant hereto, and (iii) upon the request of the Administrative Agent,
all written reports and information concerning material matters to and from the United States
Environmental Protection Agency, or any state or local agency responsible for environmental
matters, the United States Occupational Health and Safety Administration, or any state or local
agency responsible for health and safety matters, or any successor or other agencies or authorities
concerning environmental, health or safety matters;

 

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(e) within forty-five (45) days following the end of each fiscal year of the Borrower, an
annual business plan and forecasts and budget of the Borrower and its Subsidiaries
containing, among other things, summary pro forma financial information for the next fiscal
year with respect to each fiscal quarter;

(f) promptly, upon receipt thereof, copies of all notices of default or termination received
by any Loan Party under or pursuant to any Material Contract and, from time to time upon request by
the Administrative Agent, such information and reports regarding the Material Contracts as the
Administrative Agent may reasonably request; and

(g) promptly, such additional information regarding the business, financial or corporate
affairs of the Borrower or any of its Subsidiaries, 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 Borrower posts such documents, or provides a link thereto on
the Borrower’s website on the Internet at the website address listed on Schedule 10.02; or
(ii) on which such documents are posted on the Borrower’s behalf on an Internet or intranet
website, if any, to which each Lender, the L/C Issuer and the Administrative Agent have access
(whether a commercial, third-party website or whether sponsored by the Administrative Agent);
provided that, (i) the Borrower shall deliver paper copies of such documents to the
Administrative Agent, the L/C Issuer or any Lender upon receipt by Borrower of a written request
from the Administrative Agent, the L/C Issuer or such Lender, and (ii) the Borrower shall notify
the Administrative Agent, the L/C Issuer 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. 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 Borrower 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.

The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arrangers will make
available to the Lenders and the L/C Issuer materials and/or information provided by or on behalf
of the Borrower hereunder (collectively, “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 the Borrower or its securities) (each, a
“Public Lender”). The Borrower hereby agrees that (i) all Borrower Materials that are to
be made available to Public Lenders 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; (ii)
by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the
Administrative Agent, the Arrangers, the L/C Issuer and the Lenders to treat the Borrower Materials
as not containing any material non-public information (although it may be sensitive and
proprietary) with respect to the Borrower or its securities for purposes of United States Federal
and state securities laws (provided, however, that to the extent the Borrower
Materials constitute Information, they shall be treated as set forth in Section 10.07);
(iii) all Borrower
Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform
designated “Public Side Information;” and (iv) the Administrative Agent and the Arrangers 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 Side Information.” Notwithstanding the
foregoing, the Borrower shall be under no obligation to mark any Borrower Materials “PUBLIC”.

 

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6.03 Notices. Promptly notify the Administrative Agent upon knowledge of an Executive Officer
of any Loan Party:

(a) of the occurrence of any Default;

(b) of any matter that has resulted or could reasonably be expected to result in a Material
Adverse Effect, including (i) breach or non-performance of, or any default under, a Material
Contract of any Loan Party, (ii) any dispute, action, litigation, investigation, proceeding or
suspension between the Borrower or any of its Subsidiaries and any Governmental Authority, or (iii)
the commencement of, or any material development in, any action, litigation, investigation or
proceeding affecting the Borrower or any of its Subsidiaries, including pursuant to any applicable
Environmental Laws;

(c) of the occurrence of any ERISA Event that, alone or together with any other ERISA Events
that have occurred, could reasonably be expected to result in liability of the Borrower or any of
its Subsidiaries in an aggregate amount equal to or in excess of the Threshold Amount;

(d) of a determination by the Borrower or its auditor of the occurrence of any Internal
Control Event; and

(e) of any material change in accounting policies or financial reporting practices by any Loan
Party that are not generally applicable to other companies;

(f) of the (i) occurrence of any Disposition of property or assets for which the Borrower is
required to make a mandatory prepayment pursuant to Section 2.05(b)(i), and (ii) incurrence
or issuance of any Indebtedness for which the Borrower is required to make a mandatory prepayment
pursuant to Section 2.05(b)(ii).

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 Borrower setting forth details of the
occurrence referred to therein and stating what action the Borrower 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.

 

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6.04 Payment of Obligations. Pay and discharge, as the same shall become due and payable, all
its obligations and liabilities, including (a) all Federal, state and other material tax
liabilities, fees, assessments and governmental charges or levies upon it or its properties or
assets, unless the same are being contested in good faith by appropriate actions or proceedings
reasonably conducted and adequate reserves in accordance with GAAP are being
maintained by the Borrower or such Subsidiary, (b) all lawful claims which, if unpaid, would
by Law become a Lien (other than a Permitted Lien) upon its property, and (c) all Indebtedness
(other than Indebtedness the non-payment of which would not result in an Event of Default under
Section 8.01(e)), 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 legal existence, legal structure, legal name and good standing under the Laws of the
jurisdiction of its incorporation or organization, except in a transaction permitted by
Sections 7.04 or 7.05; (b) take all reasonable action to maintain all rights,
privileges, permits, licenses, approvals and franchises in each case which are necessary or
desirable in the normal conduct of its business, except in a transaction permitted by Sections
7.04 and 7.05; (c) preserve or renew all of its registered patents, trademarks, trade
names and service marks, the non-preservation or non-renewal of which could reasonably be expected
to have a Material Adverse Effect; and (d) do all things necessary to maintain, renew, extend or
continue in effect all Licenses which may at any time and from time to time be necessary for the
Borrower or any of its Subsidiaries to operate its business in compliance with all Laws, except, in
each case, where the failure to do so, which individually or in the aggregate, would not 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
condition except to the extent the failure to do so could not reasonably be expected to have a
material adverse impact on the operations or business of any Loan Party, ordinary wear and tear and
Casualty and Condemnation 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 the standard of care typical in the industry in the operation
and maintenance of its facilities.

6.07 Maintenance of Insurance; Certain Proceeds. (a) Maintain with financially sound and
reputable insurance companies, insurance (including liability insurance and casualty 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 businesses and owning similar properties in
localities where such Borrower or such Subsidiary operates, of such types and in such amounts, with
such deductibles and covering such risks, as are customarily carried under similar circumstances by
such other Persons (or otherwise required in the Collateral Documents) or with self-insurance
programs in the ordinary course of business that are customary for companies in similar businesses
and of similar size; provided, that, with respect to general liability or product
liability insurance, self-insurance exposure will not exceed $10,000,000 in the aggregate in any
fiscal year. The Administrative Agent shall be an additional insured or loss payee (loss payee
status only applying to first party losses greater than $10,000,000) with respect to any such
insurance providing coverage in respect of any Collateral, and the Borrower will give the
Administrative Agent thirty (30) days prior written notice before any such policy or policies shall
be materially altered or canceled.

 

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(b) In connection with the covenants set forth in this Section 6.07, it is understood
and agreed that except for gross negligence or intentional misconduct, none of the
Administrative Agent, the Lenders or their respective agents or employees shall be liable for
any loss or damage insured by the insurance policies required to be maintained under this
Section 6.07, it being understood that (A) except for gross negligence or intentional
misconduct, the Borrower and its Subsidiaries shall look solely to their insurance companies or any
other parties other than the aforesaid parties for the recovery of such loss or damage and (B) to
the extent provided in such policies, such insurance companies shall have no rights of subrogation
against the Administrative Agent, the Lenders or their agents or employees. If, however, the
insurance policies do not provide waiver of subrogation rights against such parties, as required
above, then the Borrower shall, and shall cause each Subsidiary to, waive its right to recovery, if
any, against the Administrative Agent, the Lenders and their agents and employees, to the extent
permitted by Law.

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 actions or proceedings reasonably conducted or (b)
the failure to comply therewith could not be reasonably 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 Borrower and its Subsidiaries, 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
Borrower and its Subsidiaries.

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, all at the expense of Administrative Agent or such Lender and at such reasonable times
during normal business hours and as often as may be reasonably desired, upon reasonable advance
notice to the Borrower provided, however, 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 Borrower at any time during normal
business hours and without advance notice. The Borrower agrees that the Administrative Agent and
its representatives may conduct an annual audit of the Collateral, at the expense of the Borrower.
Administrative Agent, Lenders and such contractors shall comply with any safety or confidentiality
rules adopted by Borrower.

 

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6.11 Further Assurances with Respect to Additional Loan Parties. (a) (i) Notify the
Administrative Agent at the time that any Person becomes a direct or indirect Subsidiary of a Loan
Party, (ii) promptly thereafter (and in any event within sixty (60) days), cause such Person,
unless such Person is an Excluded Subsidiary, to execute and deliver a Joinder Agreement and such
other documents as the Administrative Agent shall deem appropriate for such purpose, (iii) promptly
thereafter (and in any event within sixty (60) days), unless such Person is an Excluded Subsidiary,
pledge and maintain a pledge of one hundred
percent (100%) of the Equity Interests of such Subsidiary (subject to no Liens), and (iv)
promptly thereafter (and in any event within sixty (60) days), unless such Person is an Excluded
Subsidiary, deliver, and cause such Person to deliver, to the Administrative Agent documents of the
types referred to in clauses (iii), (iv), (vi), (ix), (x),
(xi), (xii), (xiii), and (xiv) of Section 4.01(a) and
favorable opinions of counsel to the Borrower and such Subsidiary (which shall cover, among other
things, the legality, validity, binding effect and enforceability of the documentation referred to
in subsection (a) of Section 4.01), all in form, content and scope reasonably satisfactory
to the Administrative Agent. It is understood and agreed that Property acquired (x) in a Permitted
Acquisition that secures Indebtedness permitted pursuant to Section 7.03(g)(x) and (y) with
purchase money Indebtedness permitted pursuant to Section 7.03(g)(y) (collectively,
“Liened Property”), that is of the same type as the Collateral securing the Obligations, is
not required to be Collateral for the Obligations until the date that is thirty (30) days following
the date the Indebtedness that the Liened Property secures is repaid. Any UCC financing statements
required to be delivered pursuant to Section 4.01(a)(xii) shall not cover any Liened
Property until required by the terms of this Section 6.11 and Section 6.12.

(b) If at the time of delivery of a Compliance Certificate in accordance with Section
6.02(b) the Consolidated EBITDA for the four consecutive fiscal quarters then ended of all
Excluded Subsidiaries that are Domestic Subsidiaries exceeds five percent (5.0%) of the
Consolidated EBITDA for such period of the Borrower and its Domestic Subsidiaries, the Borrower
shall deliver notice to the Administrative Agent within five (5) Business Days of such date
designating one or more Domestic Subsidiaries that will be removed as Excluded Subsidiaries so that
the Consolidated EBITDA of all remaining Excluded Subsidiaries that are Domestic Subsidiaries does
not exceed five percent (5.0%) of the Consolidated EBITDA for such period of the Borrower and its
Domestic Subsidiaries. In addition, Borrower, at its option at any time from time to time, may
deliver notice to the Administrative Agent that it is designating a Domestic Subsidiary as an
Excluded Subsidiary or discontinuing the designation of a Domestic Subsidiary as an Excluded
Subsidiary so long as, after giving effect to such designations or discontinuation of designations,
the Consolidated EBITDA for the consecutive four quarter period most recently ended of all Excluded
Subsidiaries that are Domestic Subsidiaries does not exceed five percent (5.0%) of the Consolidated
EBITDA for such period of the Borrower and its Domestic Subsidiaries, calculated on a Pro Forma
Basis as of such date. The removal of the designation of any Domestic Subsidiary as an Excluded
Subsidiary at any time in accordance herewith (and, to the extent such removal of designation must
be effective to permit the designation of another Domestic Subsidiary as an Excluded Subsidiary in
accordance herewith, such designation) only shall become effective on the date that the Borrower
has complied with Section 6.11(a) with respect to such Domestic Subsidiary. For the
avoidance of doubt, designation of a Domestic Subsidiary as an Excluded Subsidiary in accordance
herewith may be used to effect a cure of any Default or Event of Default arising solely with
respect to such Domestic Subsidiary (so long as the event giving rise to such Default or Event of
Default would not constitute, and the designation of such Domestic Subsidiary as an Excluded
Subsidiary would not otherwise give rise to, a Default or Event of Default with respect to Excluded
Subsidiaries).

 

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6.12 Further Assurances with Respect to Additional Collateral. Execute, any and all further
documents, financing statements, agreements and instruments, and take all such further actions
(including the filing and recording of financing statements and other
documents), which may be required under any applicable Law, or which the Administrative Agent
or the Required Lenders may reasonably request, to comply with the terms of this Agreement and the
other Loan Documents, including causing, to the fullest extent permitted by Law, (i) the Collateral
to be subject to a first priority security interest in favor of the Administrative Agent (subject,
in the case of non-possessory security interests, to the Permitted Liens) and (ii) the pledge of
the Equity Interests of the Borrower and its Subsidiaries which is subject to a pledge pursuant to
the Pledge Agreement, in each case to secure all the Obligations, all at the expense of the
Borrower. The Borrower also agrees to provide to the Administrative Agent, from time to time upon
the Administrative Agent’s reasonable request, evidence reasonably satisfactory to the
Administrative Agent as to the validity, perfection and priority of the Liens created or intended
to be created by the Loan Documents. It is understood and agreed that Liened Property that is of
the same type as the Collateral securing the Obligations is not required to be Collateral for the
Obligations until the date that is ten (10) Business Days following the date the Indebtedness that
the Liened Property secures is repaid.

6.13 Performance of Material Contracts, etc. Do the following: (a) perform and observe all
the terms and provisions of each Material Contract to be performed or observed by it; and (b)
maintain each such Material Contract in full force and effect and enforce each such Material
Contract in accordance with its terms, except, in the case of either (a) or (b), where the failure
to do so, either individually or in the aggregate, and after giving effect to any replacement
thereof, could not be reasonably likely to have a Material Adverse Effect.

6.14 Use of Proceeds. Use the proceeds of the Loans solely for the purposes set forth in
Section 5.19. Use the proceeds of the Swing Line Loans solely to provide for the working
capital requirements of the Borrower and its Subsidiaries and for the general corporate purposes of
the Borrower and its Subsidiaries not in contravention of Laws or any Loan Document. Use the
Letters of Credit only for or in connection with appeal bonds, reimbursement obligations arising in
connection with surety and reclamation bonds, reinsurance, trade transactions and other obligations
relating to transactions entered into by the Borrower and its Subsidiaries in the ordinary course
of business.

6.15 Environmental. (a) Upon the reasonable written request of the Administrative Agent
following the occurrence of any event or the discovery of any condition that the Administrative
Agent or the Required Lenders reasonably believe has caused (or could be reasonably expected to
cause) the representations and warranties set forth in Section 5.13 to be untrue in any
material respect, furnish or cause to be furnished to the Administrative Agent, at the Borrower’s
expense, a report of an environmental assessment of reasonable scope, form and depth, (including,
where required by applicable Laws, invasive soil or groundwater sampling) by a consultant
reasonably acceptable to the Administrative Agent as to the nature and extent of the presence of
Hazardous Materials on the applicable Subject Property and as to the compliance by the Borrower and
its Subsidiaries with Environmental Laws at such Subject Property; provided that if Borrower is in
the process of working with a Governmental Authority to address such event or condition, Borrower
shall provide Administrative Agent with copies of all assessments, reports and other materials
being provided to such Governmental Authority in lieu of the environmental assessments required
above.

 

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(b) Conduct and complete all investigations, studies, sampling, and testing and all remedial,
removal, and other actions necessary to address all Hazardous Materials on, from or affecting any
of the Subject Properties to the extent necessary to be in compliance with all Environmental Laws
and with the validly issued orders and directives of all Governmental Authorities with jurisdiction
over such Subject Properties to the extent any failure could have a Material Adverse Effect.

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
Borrower shall not, directly or indirectly, nor shall it permit any Subsidiary to, directly or
indirectly:

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, other than the following (with such
Liens described below being referred to herein as “Permitted Liens”):

(a) Liens pursuant to any Loan Document;

(b) Liens existing on the Closing Date and listed on Schedule 7.01 and any renewals or
extensions thereof; provided that (i) the property covered thereby is not broadened, (ii)
the amount secured or benefited thereby is not increased, (iii) the direct or any contingent
obligor with respect thereto is not changed, and (iv) any renewal or extension of the obligations
secured or benefited thereby is permitted by Section 7.03(k);

(c) Liens for taxes, fees, assessments or other governmental charges that (i) do not exceed,
when added to the Liens existing pursuant to clause (d)(i) below, $15,000,000 in the aggregate at
any time or (ii) are not yet due or which are not delinquent or remain payable without penalty, or
to the extent non-payment thereof is permitted by Section 6.04; provided,
that, no notice of lien has been filed or recorded under the Code or other applicable Law;

(d) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s, landlord’s or other
like Liens arising in the ordinary course of business that (i) do not exceed, when added to the
Liens existing pursuant to clause (c)(i) above, $15,000,000 in the aggregate at any time or (ii)
which are not delinquent or which are being contested in good faith and by appropriate actions or
proceedings which proceedings have the effect of preventing the forfeiture or sale of the property
subject thereto and for which adequate reserves with respect thereto are maintained on the books of
the applicable person in accordance with GAAP;

(e) pledges or deposits made by the Borrower or any of its Subsidiaries in the ordinary course
of business in connection with workers’ compensation, unemployment insurance and other social
security legislation, other than any Lien imposed by ERISA;

 

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(f) deposits to secure the performance of bids, trade contracts and leases (other than
Indebtedness, excluding balancing payments), commercial letters of credit, letters of credit for
the account of a Foreign Subsidiary (where the amount of such deposits do not exceed,
when added to the amount of all Guarantees issued and outstanding at such time pursuant to
Section 7.03(c)(i)(B), $15,000,000), 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 of the Borrower or any of its Subsidiaries which do not 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); provided that enforcement of such Liens is effectively
stayed;

(i) Liens securing Indebtedness permitted under Section 7.03(d) and Section
7.03(g);

(j) Liens arising from precautionary UCC financing statement filings with respect to operating
leases entered into by the Borrower or any of its Subsidiaries in the ordinary course of business;

(k) customary rights of lien and setoff with respect to deposits with banks or other
depository institutions and with respect to securities and cash held by brokers and dealers; and

(l) other Liens securing Indebtedness in an aggregate principal amount at any time outstanding
not to exceed $15,000,000.

7.02 Investments. Make or hold any Investments in any Person, except:

(a) Investments by the Borrower or any Subsidiary Guarantor held in the form of Cash
Equivalents;

(b) Investments made prior to the Closing Date set forth in Schedule 7.02;

(c) Advances to directors, officers, employees and consultants of the Borrower or any other
Subsidiary for payroll, travel and to cover similar matters, each of which is expected at the time
of such advance to be treated as an expense for accounting purposes and that are made in the
ordinary course of business and loans to directors, officers, employees and consultants of the
Borrower or any Subsidiary Guarantor in the ordinary course of business as presently conducted,
such advances and loans in an aggregate principal amount not to exceed $2,000,000 in the aggregate
at any one time outstanding; provided, however that any such advances or loans to
directors or executive officers shall only be permitted to the extent allowable under
Sarbanes-Oxley;

(d) Investments by any Loan Party in and to the Borrower or any other Loan Party in the form
of contributions to capital or loans or advances; provided that (i) immediately before and
after giving effect thereto, no Event of Default exists or would result therefrom, (ii) each such
item of intercompany Indebtedness shall be unsecured and (iii) each such item of intercompany
Indebtedness owed to the Borrower from another Loan Party shall be evidenced by
an Intercompany Note which shall be pledged as security for the Obligations of the holder
thereof under the Loan Documents and delivered to the Administrative Agent pursuant to the terms of
the Collateral Documents;

 

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(e) Investments by any Excluded Subsidiary in and to the Borrower or any other Subsidiary of
the Borrower;

(f) Other than Investments permitted pursuant to clause (g) below, Investments by any Loan
Party in and to Excluded Subsidiaries of up to $15,000,000 in the aggregate in each fiscal year;
provided, that, within any fiscal year if any portion of an Investment made
pursuant to this clause (f) is repaid to a Loan Party, then such repaid amount may be reinvested
under this clause (f) during such fiscal year as long as the amount of Investments in all Excluded
Subsidiaries in such fiscal year does not exceed $15,000,000 in the aggregate;

(g) Investments that constitute Permitted Acquisitions (including Investments in Foreign
Subsidiaries for the purpose of effecting a Permitted Acquisition) and Investments in Minority
Equity Interests;

(h) Investments in Swap Contracts permitted under Section 7.03(d);

(i) Guarantees permitted by Section 7.03;

(j) Investments made as a result of the receipt of non-cash consideration from a Disposition
that was made pursuant to and in compliance with this Agreement; provided, however,
that at no time shall Investments of this type exceed $15,000,000 in the aggregate (it being
understood that earn-outs negotiated in the ordinary course of business as part of a Disposition
shall not be considered “non-cash consideration” for purposes of this Section 7.02(j));

(k) Extensions of credit to customers in the ordinary course of business;

(l) Investments made out of the proceeds of an issuance of Qualified Equity Interests of the
Borrower substantially concurrent with such issuance; provided, that, (A) the
Property acquired (or the Property of the Person acquired) in such transaction shall be used or
useful in the same or similar line of business as the Loan Parties on the Closing Date, including
activities ancillary, related or complementary thereto, (B) after giving effect to such transaction
on a Pro Forma Basis, the total equity and debt investments of the Borrower and its Domestic
Subsidiaries in the Foreign Subsidiaries does not exceed fifty percent (50%) of the aggregate book
value of the total assets of the Borrower and its Domestic Subsidiaries, all as determined in
accordance with GAAP, (C) in the case of an Acquisition of the Equity Interests of another Person,
(i) the board of directors (or other comparable governing body) of such other Person shall have
duly approved such Acquisition and (ii) with respect to any Acquisition in excess of $50,000,000,
the Borrower shall have delivered to the Administrative Agent, a Compliance Certificate signed by a
Responsible Officer of the Borrower demonstrating compliance with the financial covenants hereunder
after giving effect to the transaction on a Pro Forma Basis, and reaffirming that the
representations are true and correct in all material respects

 

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as of such date, except those representations and warranties made as of a date certain, which shall remain true
and correct in all material respects as of such date and providing supplements to the Schedules as
required by the Compliance Certificate, (D) no Event of Default has occurred and is continuing or
would result therefrom; (E) the Borrower and its Consolidated Subsidiaries shall be in compliance
on a Pro Forma Basis with Section 7.17 after giving effect to such transaction, (F) the
transaction shall not involve the acquisition of an interest in a general partnership or joint
venture or have a requirement that any Loan Party be a general or joint venture partner other than
in compliance with Section 7.16, and (G) the Loan Parties shall, and shall cause the party
that is the subject of the transaction to, execute and deliver such joinder and pledge agreements,
security agreements and intercompany notes and take such other actions as may be necessary for
compliance with the provisions of Sections 6.11 and 6.12;

(m) Investments of a nature not contemplated in the foregoing subsections in an amount not to
exceed $15,000,000 per annum; and

(n) Investments made by Excluded Subsidiaries.

7.03 Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except:

(a) Indebtedness under the Loan Documents;

(b) Indebtedness listed on Schedule 7.03 that is outstanding on the Closing Date;

(c) Guarantees of the Borrower or any of its Subsidiaries in respect of Indebtedness of the
Borrower or any of its Subsidiaries otherwise permitted hereunder; provided that (i) Loan
Parties may (A) issue Guarantees under this clause only in respect of Indebtedness of other Loan
Parties and (B) issue Guarantees of Indebtedness of Excluded Subsidiaries that does not exceed,
when added to the amount of all deposits to secure letters of credit for the account of a Foreign
Subsidiary under Section 7.01(f), $15,000,000 in the aggregate at any time outstanding, and
(ii) Excluded Subsidiaries may issue Guarantees of Indebtedness of other Subsidiaries so long as
such Indebtedness is permitted hereunder;

(d) obligations (contingent or otherwise) existing or arising under any Swap Contract;
provided that (i) such obligations are (or were) entered into by such Person for the
purpose of directly mitigating risks associated with liabilities, commitments, investments, assets,
or property held or reasonably anticipated by such Person, or changes in the value of securities
issued by such Person, and not for purposes of speculation or taking a “market view,” 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;

(e) intercompany Indebtedness constituting an Investment that is permitted under Sections
7.02(d), (e), (f) or (g);

 

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(f) unsecured Indebtedness of any Loan Party; provided that (i) after giving effect to
such Indebtedness, (A) the Consolidated Total Leverage Ratio calculated on a Pro Forma Basis is
less than (1) 3.50 to 1.00 at any time on or before March 31, 2012, and (2) 3.25 to
1.00 at any time thereafter, and (B) the Borrower and its Subsidiaries are in compliance with
all covenants set forth herein, (ii) the maturity date of such Indebtedness is no earlier than
three (3) months after the Maturity Date, (iii) the covenants (including, without limitation,
financial covenants) in the definitive documentation for such Indebtedness shall be no more
restrictive than the covenants set forth herein, (iv) the other terms and conditions of the
definitive documentation for such Indebtedness, taken as a whole, are no more restrictive than the
terms and conditions of this Agreement, and (v) no Default has occurred and is continuing or could
reasonably be expected to result therefrom;

(g) so long as (i) no Event of Default has occurred and is continuing or would result
therefrom and (ii) the Borrower and its Consolidated Subsidiaries shall be in compliance on a Pro
Forma Basis with Section 7.17 after giving effect to such transaction, secured Indebtedness
in an aggregate principal amount not to exceed $50,000,000 at any time outstanding;
provided that such Indebtedness is not contractually senior in right of payment to the
payment of the Indebtedness arising under this Agreement and the Loan Documents and either (x) was
assumed or existed in connection with a Permitted Acquisition and the Liens securing such
Indebtedness do not at any time encumber any Property other than the Property acquired in such
Permitted Acquisition, or (y) is purchase money Indebtedness (including Capitalized Leases or
Off-Balance Sheet Obligations) so long as (i) such Indebtedness, when incurred, shall not exceed
100% of the cost or fair market value, whichever is lower, of the Property being acquired on the
date of acquisition plus fees and expenses reasonably incurred in connection with such acquisition,
(ii) such Indebtedness is created and any Lien attaches to such Property concurrently with or
within forty-five (45) days of the acquisition thereof, and (iii) such Lien does not at any time
encumber any Property other than the Property financed by such Indebtedness;

(h) so long as (i) no Event of Default has occurred and is continuing or would result
therefrom and (ii) the Borrower and its Consolidated Subsidiaries shall be in compliance on a Pro
Forma Basis with Section 7.17 after giving effect to such transaction, unsecured
Indebtedness (including reimbursement obligations under letters of credit and obligations in
respect of performance bonds and completion guarantees) of the Loan Parties in an aggregate
principal amount not to exceed $50,000,000 at any time outstanding; provided, that such
Indebtedness is not contractually senior in right of payment to the payment of the Indebtedness
arising under this Agreement and the Loan Documents;

(i) Indebtedness arising from any agreement entered into by the Borrower or any Subsidiary
providing for customary indemnification, purchase price adjustment, contingent consideration or
similar obligations, in each case, incurred or assumed in connection with an Acquisition or
Disposition permitted hereunder;

(j) securities issued in a Convertible Note Exchange;

 

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(k) Indebtedness representing a refinancing, refunding, renewal or extension of Indebtedness
(x) permitted by clause (b), (f) or (j) above or clause (l) below; provided, that (i) the
amount of such Indebtedness is not increased at the time of such refinancing, refunding, renewal or
extension, (ii) 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, (iii) with respect to the Convertible Notes and any debt incurred
pursuant to Section 7.03(f) or (j), the maturity date is no earlier than three (3)
months after the Maturity Date, and (iv) with respect to any Indebtedness incurred pursuant to
Section 7.03(f) above as long as the conditions to the incurrence thereof as set forth in
clause (f) remain true and correct at the time of and after giving effect to such refinancing,
renewal or extension, and (y) permitted by clause (h) above, as long as the conditions to the
incurrence thereof remain true and correct at the time of and after giving effect to such
refinancing, renewal or extensions; and

(l) Indebtedness of Excluded Subsidiaries in an aggregate principal amount not to exceed
$50,000,000 at any time outstanding; provided, that, the amount of Indebtedness available
under Section 7.03(h) shall be reduced dollar for dollar by the amount of Indebtedness in
excess of $25,000,000 outstanding under this Section 7.03(l).

7.04 Fundamental Changes and Acquisitions.

(a) Merge, dissolve, liquidate, consolidate with or into another Person, or Dispose of
(whether in one transaction or in a series of transactions) all or substantially all of its assets
(whether now owned or hereafter acquired) to or in favor of any Person, except that, so long as (x)
no Default or Event of Default has occurred and is continuing or would result therefrom and (y) the
Borrower and its Consolidated Subsidiaries shall be in compliance with Section 7.17 after
giving effect to such transaction on a Pro Forma Basis:

(i) the Borrower may merge or consolidate with any of its Wholly-Owned Subsidiaries;
provided that (A) the Borrower shall be the continuing or surviving Person, and (B)
the Loan Parties shall cause to be delivered such documents, instruments and certificates as
to cause the Loan Parties to be in compliance with the terms of Sections 6.11 and
6.12;

(ii) any Wholly-Owned Subsidiary of the Borrower may be party to a transaction of
merger or consolidation with a Wholly-Owned Subsidiary of the Borrower; provided
that (A) if one of such Subsidiaries is a Loan Party, such Loan Party shall be the
continuing or surviving Person, and (B) the Loan Parties shall cause to be delivered such
documents, instruments and certificates as to cause the Loan Parties to be in compliance
with the terms of Sections 6.11 and 6.12;

(iii) a Subsidiary may be a party to a transaction of merger or consolidation with a
Person other than the Borrower or any Subsidiary of the Borrower; provided that (A)
the surviving entity shall be a Wholly-Owned Subsidiary of the Borrower, and (B) the
transaction shall otherwise constitute a Permitted Acquisition;

 

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(iv) the Borrower may be a party to a transaction of merger or consolidation with a
Person other than a Subsidiary of the Borrower in order to effect an Acquisition;
provided, that, (A) the surviving entity shall be the Borrower and (B) such
Acquisition shall otherwise comply with clauses (a), (b), (c), (d), (e), (f), (g) and (i)(1)
of the definition of “Permitted Acquisition”.

(v) a Subsidiary may enter into a Disposition permitted under Sections 7.05(d),
(e), (f) and (k);

(vi) the Borrower may enter into a Disposition permitted under Sections
7.05(d), (e), (f) and (k);

(vii) an Excluded Subsidiary may be voluntarily dissolved or liquidated into any other
Subsidiary;

(viii) any domestic Excluded Subsidiary may merge or consolidate into any other
domestic Excluded Subsidiary;

(ix) any Foreign Subsidiary may merge or consolidate into any other Foreign Subsidiary;
and

(x) any Subsidiary of the Borrower may transfer a Foreign Subsidiary to any other
Subsidiary of the Borrower.

(b) Make or permit any Subsidiary to make any Acquisition other than (i) a Permitted
Acquisition, (ii) an Acquisition permitted by Section 7.04(a), (iii) an Investment
permitted by Section 7.02(l) that constitutes an Acquisition or (iv) the acquisition of
intellectual property in the ordinary course of business that constitutes an Acquisition.

7.05 Dispositions. Make any Disposition (other than any Casualty or Condemnation) 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 in the ordinary course of business 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 applied to the
purchase price of similar replacement property within 180 days of such Disposition;

(d) Dispositions of property (i) by the Borrower or a Subsidiary of the Borrower to the
Borrower or a Subsidiary Guarantor and (ii) by an Excluded Subsidiary to the Borrower or another
Subsidiary;

(e) Dispositions that constitute Investments permitted by Sections 7.02 and
Dispositions made in connection with transactions permitted by Section 7.04;

 

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(f) other Dispositions (including charitable donations) as long as the aggregate proceeds of
all such Dispositions made pursuant to this clause (f) by the Borrower and its Subsidiaries during
the term of this Agreement does not exceed, in the aggregate, an amount equal to fifteen percent
(15%) of the aggregate book value of all tangible assets of the Borrower and its Subsidiaries as of
the date of such Disposition;

(g) licensing (including sublicensing) of intellectual property in the ordinary course of
business,

(h) the lease or sublease of real property in the ordinary course of business;

(i) exchanges of Cash Equivalents for other Cash Equivalents;

(j) assignments of contract rights in the ordinary course of business; and

(k) Dispositions of Minority Equity Interests.

provided, that, any Disposition pursuant to subsections (a) through (k) shall be
for fair market value (other than charitable donations made pursuant to clause (f) above).

7.06 Restricted Payments. Declare or make any Restricted Payment or incur any obligation
contingent or otherwise to do so, or issue or sell any Equity Interests, except that so long as no
Event of Default shall have occurred and be continuing at the time of any action described below or
would result therefrom:

(a) the Borrower or any of its Subsidiaries may declare and pay dividends and distributions
payable solely in Qualified Equity Interests of the Borrower or such Subsidiary;

(b) any Subsidiary of the Borrower may declare and pay dividends to the Borrower or any
Subsidiary of the Borrower;

(c) the Borrower may (i) repurchase, redeem or repay the Convertible Notes if either (1) after
giving pro forma effect to the repayment of the Convertible Notes and any exercise of a Call Option
in connection therewith on a Pro Forma Basis, the Consolidated Total Leverage Ratio is less than
3.50 to 1.00, or (2) (A) in the event the Convertible Notes remain outstanding on the first day of
the RLL Maintenance Period, then the Borrower maintains Liquidity of at least the outstanding
amount of the Convertible Notes plus $40,000,000 at all times during the RLL Maintenance
Period until the earlier of (x) the expiration of the RLL Maintenance Period and (y) the date the
Convertible Notes have been repaid or refinanced as permitted hereby and (B) immediately after
giving effect to any proposed redemption, repurchase or repayment of the Convertible Notes,
irrespective of when paid, the Borrower has Liquidity of at least $40,000,000, and (ii) exercise
any Call Options with respect to the Convertible Notes (A) on a cash-less basis to acquire an equal
number of shares (or a substantially equal number in the event of round lot purchase requirements
relating to the Call Option) as are issued in connection with any conversion of all or part of the
Indebtedness issued in the Convertible Notes by the holders thereof, (B) to receive cash or shares
with respect to any portion of the Call Options available to be exercised on the earlier of (1) the
maturity date of the Convertible Notes and (2) expiration date under the Convertible Notes of the
right to convert
such Indebtedness into shares, if any of the holders of the Convertible Notes have not
converted the corresponding Convertible Notes held by them on or before such date, or (C)
otherwise, if after giving effect to the exercise of all or part of such Call Option on a Pro Forma
Basis, the conditions set forth in subclauses (i)(1) or (2) of this Section 7.06(c) have
been satisfied;

 

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(d) the Borrower may at any time, and from time to time after the Closing Date, make
Restricted Payments if, after giving effect to such Restricted Payment, (i) Restricted Payments
that do not exceed $75,000,000 in any fiscal year if, at the time of such Restricted Payment, the
Borrower’s Consolidated Total Leverage Ratio is greater than or equal to 2.50 to 1.00 and (ii)
Restricted Payments that do not exceed $200,000,000 in any fiscal year if, at the time of such
Restricted Payment, the Borrower’s Consolidated Total Leverage Ratio is less than 2.50 to 1.00;
provided, that, it is understood (A) that this Section 7.06(d) does not
apply to payments made in respect of the Convertible Notes, which are governed by the terms of
Section 7.06(c) above and (B) that the Borrower may make Restricted Payments in the form of
(1) the repurchase, redemption or retirement of any outstanding Equity Interest of the Borrower
with the proceeds of subordinated indebtedness, the issuance of which is permitted pursuant to
Section 7.03(f), (2) the withholding, repurchase, redemption or retirement of any
restricted Qualified Equity Interests issued to employees, directors and consultants of the Loan
Parties, pursuant to the Borrower’s equity incentive plans approved by the Borrower’s Board of
Directors and withheld by the Borrower to satisfy tax obligations of such employees, directors
and/or consultants at the time such tax obligation arises or otherwise at the time the forfeiture
and transferability restrictions cease, and (3) a purchase of a Call Option in connection with the
issuance of Indebtedness permitted pursuant to Section 7.03(f), (h), (k) or
(l), and in the case of each of clauses (1), (2), and (3) above, without regard to, and
without decreasing the availability of, the baskets set forth in subclauses (i) and (ii) above;

(e) the Borrower may issue or sell (x) Qualified Equity Interests so long as such issuance or
sale does not result in a Change of Control and (y) other Equity Interests to the extent permitted
by Section 7.03(f), (h),  (k) or (l);

(f) the Borrower and its Subsidiaries may issue Qualified Equity Interests in connection with
a transaction permitted by Section 7.04 or 7.05; and

(g) the Borrower may repurchase or refinance (x) its outstanding Equity Interests out of the
proceeds of a substantially concurrent issue of, or an exchange for, Qualified Equity Interests and
(y) Equity Interests or Indebtedness issued pursuant to Section 7.03(f), (k) or
(l) with the proceeds of the issuance of Qualified Equity Interests or other Indebtedness
permitted by Section 7.03 (and which complies with the terms of Section 7.03(k));

(h) the Borrower may repurchase or refinance Equity Interests that evidence Indebtedness
issued pursuant to Section 7.03(h);

 

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(i) the Borrower may (a) purchase a Call Option in connection with a Convertible Note Issue
and (b) exercise such Call Option (i) with respect to a net share settlement Call Option, on a
cash-less basis to acquire an equal number of shares (or a substantially equal number in the event
of round lot purchase requirements relating to the Call Option) as are issued in connection with
any conversion of all or part of the Indebtedness issued
in such Convertible Note Issue by the holders thereof, (ii) with respect to a net cash
settlement Call Option, to receive cash payments from the counterparty in accordance with the terms
of such Call Option as is paid in connection with any conversion of all or part of the Indebtedness
issued in such Convertible Note Issue by the holders thereof, (iii) with respect to either a net
share settlement or net cash settlement Call Option to receive cash or shares with respect to any
portion of the Call Options available to be exercised on the earlier of (A) the maturity date of
such Convertible Note Issue or (B) expiration date under such Convertible Note Issue of the
holder’s right to convert such Indebtedness, if any of the holders of the Convertible Notes have
not converted the corresponding Convertible Notes held by them on or before such date, or (iv)
otherwise, if after giving effect to the exercise of all or a part of such Call Option on a Pro
Forma Basis, the conditions set forth in Section 7.06(j) have been satisfied;

(j) the Borrower may redeem, retire or repurchase a Convertible Note Issue in connection with
the conversion of Indebtedness issued pursuant to a Convertible Note Issue in accordance with its
terms, and make cash payments in lieu of issuing fractional shares in connection with such
conversion if (i) one or more of the holders of such Convertible Note Issue elect to convert such
Convertible Note Issue on a net share settlement or net cash settlement basis with respect to which
Borrower will exercise a corresponding Call Option, and (ii) after giving effect to such
redemption, retirement or repurchase, as applicable, and any exercise of a Call Option in
connection therewith on a Pro Forma Basis, (x) the Consolidated Total Leverage Ratio calculated on
a Pro Forma Basis is less than (1) 3.25 to 1.00 at any time on or before March 31, 2012, and (2)
3.00 to 1.00 at any time thereafter, and (y) the Liquidity will be greater than $40,000,000;
provided, however that in the event the Consolidated Total Leverage Ratio as of
such date is greater than the ratio set forth above but no greater than the ratio required on such
date under Section 7.17(a), so long as Liquidity will be greater than $40,000,000, the
Borrower may make Restricted Payments as described in this Section 7.06(j) up to
$10,000,000 in the aggregate;

(k) the Borrower may make cash payments in lieu of issuing fractional shares in connection
with a conversion of a Convertible Note Issue; and

(l) solely in connection with the issuance of any Convertible Note Issue permitted hereunder,
the Borrower may make Restricted Payments in the form of repurchases of common Equity Interests of
the Borrower in an aggregate amount not to exceed $50,000,000 in any fiscal year.

7.07 Amendment, Etc. of Indebtedness; Other Material Contracts and Constitutive Documents and
Payments in respect of Indebtedness.

(a) After the issuance thereof, amend or modify (or permit the amendment or modification of
(including any waivers of)), the terms of the Convertible Notes or any subordinated Indebtedness
(including any Indebtedness issued pursuant to the terms of Section 7.03(f)) in a manner
adverse to the interests of the Lenders (including, without limitation, specifically shortening any
maturity or average life to maturity or requiring any payment sooner than previously scheduled or
increasing the interest rate or fees applicable thereto or granting collateral as security
therefor); provided, however, the Convertible Notes may be amended to permit the
Convertible Note Exchange.

 

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(b) Subject to Section 7.07(a), cancel or terminate any Material Contract (other than
the Permitted Swap Termination) or consent to or accept any cancellation or termination thereof by
any Consolidated Party, amend or modify (or permit the amendment or modification of (including any
waivers of)), any Material Contract, waive any default under or breach of any Material Contract, or
take any other action in connection with any Material Contract, unless, in each case, any such
cancellation, termination, amendment or modification, or consent, waiver or approval thereunder,
could not reasonably be expected to have a Material Adverse Effect.

(c) Amend its Organization Documents, unless, in each case, any such amendment is not adverse
in any material respect to the Lenders.

(d) Make any payment in contravention of the terms of any subordination with respect to any
Indebtedness.

(e) Make any prepayment, redemption, defeasance or acquisition for value (including, without
limitation, by way of depositing money or securities with the trustee with respect thereto before
due for the purpose of paying when due), or refund, refinance or exchange of any Indebtedness
permitted under Sections 7.03(b), 7.03(f), 7.03(j) and 7.03(l)
(including any Indebtedness incurred in connection with a refinancing thereof pursuant to
Section 7.03(k)) other than regularly scheduled payments of principal and interest on such
Indebtedness, refinancings thereof permitted pursuant to Section 7.03(k) and prepayments of
such Indebtedness with the proceeds of a substantially concurrent issuance of Qualified Equity
Interests; provided, that, the Borrower may (x) repay the Convertible Notes on the
terms set forth in Section 7.06(c) and may exchange the Convertible Notes in the
Convertible Note Exchange and (y) make Restricted Payments permitted by Section 7.06.

7.08 Change in Nature of Business. Make any material change in the nature of its business as
carried on at the Closing Date; provided that the Borrower and its Subsidiaries may engage in
activities ancillary, related or complementary to the business currently carried on at the Closing
Date.

7.09 Transactions with Affiliates. Engage in any transaction or series of transactions with
(a) any Subsidiary or Affiliate of the Borrower or any of its Subsidiaries, or (b) any Affiliate of
any such Subsidiary or Affiliate, whether or not in the ordinary course of business, other than on
fair and reasonable terms substantially as favorable to the Borrower or such Subsidiary as would be
obtainable by the Borrower or such Subsidiary at the time in a comparable arm’s length transaction
with a Person other than an Affiliate; provided, that this Section 7.09 shall not
restrict (i) transactions between Loan Parties, (ii) transactions between Excluded Subsidiaries,
(iii) transactions whereby the Borrower or a Subsidiary provides management or administrative
services to a Subsidiary, (iv) customary indemnities of officers and directors consistent with Law,
payment of reasonable fees to directors and the customary issuance of directors’ shares, or (v)
transactions described in clauses (a) and (b) above irrespective of whether or not done on an
arms-length basis so long as the aggregate amount of such transactions do not exceed $2,500,000 in
any calendar year.

 

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7.10 Limitations on Restricted Actions. Enter into or create or otherwise cause to exist
(other than by Law) or become effective any agreement or arrangement that: (a) limits the ability
(i) of any Consolidated Party to make Restricted Payments to any Loan Party, (ii) of the Borrower
or any of its Subsidiaries to act as a guarantor and pledge its assets pursuant to the Loan
Documents or (iii) of any Consolidated Party to create, incur, assume or suffer to exist Liens on
property of such Person; provided, however, that this clause (iii) shall not
prohibit (A) any negative pledge incurred or provided in favor of any holder of Liens permitted
under Section 7.01 (but such negative pledge must be limited to the asset that is the
subject of such Permitted Lien) and in favor of any holder of Indebtedness permitted under
Section 7.03(g) solely to the extent any such negative pledge relates to the property
financed by or the subject of such Indebtedness, (B) restrictions incurred or assumed in connection
with the Acquisition of a Foreign Subsidiary, or (C) customary non-assignment provisions in
licenses, sublicenses, leases and subleases entered into in the ordinary course of business and
consistent with past practices; 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.

7.11 Sale-Leasebacks; Off-Balance Sheet Obligation. Enter into any Sale and Leaseback
Transaction or Off-Balance Sheet Obligation, unless such Sale and Leaseback Transaction or
Off-Balance Sheet Obligation constitutes Indebtedness permitted by Section 7.03(g).

7.12 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.

7.13 Impairment of Security Interests. Take or omit to take any action which action or
omission might or would materially impair the security interests in favor of the Secured Parties
with respect to the Collateral.

7.14 Ownership of Foreign Subsidiaries. Notwithstanding any other provision of this
Agreement, permit any Foreign Subsidiary to be a direct Subsidiary of the Borrower.

7.15 Fiscal Year. Change its fiscal year unless such change is not adverse in any respect to
the Lenders.

7.16 Partnerships, etc. Become a general partner or joint venture partner of any Person
unless (i) such partnership or joint venture interest represents at least 50% of the voting power
of such entity and (ii) the Borrower will be in compliance with Section 7.17 after giving
effect to the incurrence of the liabilities of such partnership or joint venture on a Pro Forma
Basis.

 

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7.17 Financial Covenants. (a) Maximum Consolidated Total Leverage Ratio. Permit the
Consolidated Total Leverage Ratio of the Borrower and its Consolidated Subsidiaries at any time
during any consecutive four fiscal quarter period to be greater than (i) 3.75 to 1.00
during any such period ending on or before March 31, 2012, or (ii) 3.50 to 1.00 during any
period thereafter.

(b) [Intentionally Omitted].

(c) Minimum Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated Fixed
Charge Coverage Ratio of the Borrower and its Consolidated Subsidiaries at any time during any
period of four consecutive fiscal quarters to be less than 2.00 to 1.00.

(d) Liquidity. (i) During the RLL Maintenance Period and until such time as the
Convertible Notes have been redeemed, repaid, repurchased or refinanced as permitted in this
Agreement, permit the Liquidity of the Borrower and its Consolidated Subsidiaries to be less than
an amount equal to the outstanding amount of the Convertible Notes plus $40,000,000, and
(ii) after giving effect to any redemption, repurchase or repayment of the Convertible Notes,
permit the Liquidity of the Borrower and its Consolidated Subsidiaries to be less than $40,000,000.

7.18 Consolidated Capital Expenditures. Make or become legally obligated to make any
Consolidated Capital Expenditures except for Consolidated Capital Expenditures in the ordinary
course of business not exceeding an aggregate amount for the Borrower and its Subsidiaries during
any fiscal year of the Borrower equal to ten percent (10.0%) of the revenues of the Borrower and
its consolidated Subsidiaries during the immediately preceding fiscal year (based upon the audited
financial statements for such fiscal year provided in accordance with Section 6.01(a));
provided, however, that so long as no Default has occurred and is continuing or
would result from such expenditure, any portion of any amount set forth above, if not expended in
the fiscal year for which it is permitted above, may be carried over for expenditure in the next
following fiscal year; provided, further, that any such carried-over amount will be
deemed used in the applicable subsequent fiscal year only after the entire maximum amount permitted
for such fiscal year is applied to such Consolidated Capital Expenditures.

7.19 Independent Covenants. All covenants contained in Article VI and Article
VII of this Agreement shall be given independent effect so that if a particular action or
condition is not permitted by one covenant, the fact that such action or condition would be
permitted by another covenant shall not avoid the occurrence of a Default if such action is taken
or condition exists.

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. The Borrower or any other Loan Party fails to pay (i) when and as
required to be paid herein, any amount of principal (other than principal payments of the Term
Loans required under Section 2.07) of any Loan or any L/C Obligation or deposit any funds
as Cash Collateral in respect of L/C Obligations, or (ii) within three Business Days after the same
becomes due, any principal of the Term Loans required under Section 2.07, any interest
on any Loan or on any L/C Obligation, or any commitment or other fee due hereunder, or (iii)
within five Business Days after the same becomes due, any other amount payable hereunder or under
any other Loan Document; or

 

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(b) Specific Covenants. The Borrower or any other Loan Party fails to perform or
observe any term, covenant or agreement contained in any Section 6.01, 6.02(a),
6.02(b), 6.03, 6.05(a), 6.10, 6.11, 6.12, 6.14,
or Article VII or any Subsidiary Guarantor fails to perform or observe any term, covenant
or agreement contained in Section 4.1 of the Subsidiary Guaranty; or

(c) Other Defaults. The Borrower or any other Loan Party fails to perform or observe
any other covenant or agreement (not specified in Section 8.01(a) or (b) above)
contained in any Loan Document on its part to be performed or observed and such failure continues
for 30 days; provided, that, if Borrower or such other Loan Party has commenced a
cure for such failure during the initial 30-day cure period and is diligently and continuously
pursuing such cure, such initial 30-day cure period may be extended for up to 90 days; or

(d) Representations and Warranties. Any representation, warranty, certification or
statement of fact made or deemed made by or on behalf of the Borrower 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 in any material respect when made or deemed made; or

(e) Cross-Default. (i) Any default or other event occurs 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, the effect of which default or other event is to cause 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; (ii) any Loan Party fails in the performance or observance (beyond the
applicable grace period with respect thereto, if any) of any Material Contract (other than those
covered in clauses (i) and (iii) hereof) and such default together with any other such defaults,
could reasonably be expected to have a Material Adverse Effect; or (iii) 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 any Loan Party is the Defaulting Party (as
defined in such Swap Contract) or (B) except for the Permitted Swap Termination, any Termination
Event (as defined in such Swap Contract) under such Swap Contract as to which any Loan Party is an
Affected Party (as defined in such Swap Contract) and, in either event, the Swap Termination Value
owed by such Loan Party as a result thereof is greater than the Threshold Amount; or

 

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(f) Insolvency Proceedings, Etc. Any Loan Party (i) institutes or consents to the
institution of any proceeding under any Debtor Relief Law, or makes a general assignment
for the benefit of creditors or (ii) 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 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) Any Loan Party becomes unable or admits
in writing its inability or fails generally to pay its debts as they become due, or (ii) 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; or

(h) Judgments. There is entered against any Loan Party (i) a final judgment or order
for the payment of money in an aggregate amount exceeding the Threshold Amount (to the extent (x)
not covered by independent third-party insurance as to which the insurer does not dispute coverage
or (y) the full amount of which judgment is not reserved by the Borrower in cash), or (ii) any one
or more non-monetary final 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
10 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. (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 Borrower or
any of its Subsidiaries under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC
in an aggregate amount in excess of the Threshold Amount, or (ii) the Borrower or any of its
Subsidiaries 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

(j) Invalidity of Loan Documents. Any provision of any Loan Document (other than
Secured Cash Management Services Agreements and Secured Swap Contracts), 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, ceases to be in full force and effect; or the
Borrower, any of its Subsidiaries or any of their respective Affiliates 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, or in the case of any Lien granted
pursuant to any Collateral Document (including any Lien granted after the Closing Date in
accordance with Section 6.11 or 6.12) in favor of the Administrative Agent, such
Lien ceases to have the priority purported to be granted under such Collateral Document or is
declared by a court of competent jurisdiction to be null and void, invalid or unenforceable in any
respect; or

 

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(k) Subsidiary Guaranty. The Subsidiary Guaranty given by any Subsidiary Guarantors
(including any Person that becomes a Subsidiary Guarantor after the Closing Date in accordance with
Section 6.11) or any provision thereof shall cease to be in full force and effect, or any
Subsidiary Guarantor (including any Person that becomes a Subsidiary Guarantor after the Closing
Date in accordance with Section 6.11) or any Person acting by or on behalf of such
Subsidiary Guarantor shall deny or disaffirm such Subsidiary Guarantor’s obligations under the
Subsidiary Guaranty; or

(l) Change of Control. There occurs any Change of Control.

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 Commitments 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 Loan Parties;

(c) require that the Borrower Cash Collateralize the L/C Obligations (in an amount equal to
the then Outstanding Amount thereof); and

(d) exercise on behalf of itself and the Lenders all rights and remedies available to it and
the Lenders under the Loan Documents, including, without limitation, all rights and remedies
existing under the Collateral Documents and all rights and remedies against any Subsidiary
Guarantor;

provided, however, that upon the occurrence of an actual or deemed entry of an
order for relief with respect to any Loan Party under the Bankruptcy Code of the United States, 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 Borrower 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.

 

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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) or if at any time insufficient funds are received by and available to the
Administrative Agent to pay fully all Obligations then due hereunder, any amounts received on
account of the Obligations shall, subject to the provisions of Sections 2.14 and
2.15, 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 hereof and
Section 2.5 of the Subsidiary Guaranty) 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, Letter of Credit Fees and
Commitment 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 and amounts payable
under Article III hereof and Section 2.5 of the Subsidiary Guaranty), 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, Commitment 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, ratably (i) to payment of that portion of the Obligations constituting
unpaid principal of the Loans and the L/C Borrowings, ratably among the Lenders in
proportion to the respective amounts described in this subclause (i) to this clause
Fourth held by them and (ii) to payment of that portion of the Obligations
constituting amounts owing under or in respect of Secured Swap Contracts and Secured Cash
Management Services Agreements, ratably among the Swap Banks and Cash Management Banks in
proportion to the respective amounts described in this subclause (ii) to this clause
Fourth held by them;

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 to the extent not otherwise Cash Collateralized by the Borrower pursuant
to Sections 2.03 and 2.14; and

Last, the balance, if any, after all of the Obligations have been indefeasibly
paid in full, to the Borrower or as otherwise required by Law.

Subject to Sections 2.03(c) and 2.14, 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.

Notwithstanding the foregoing, Obligations arising under Secured Cash Management Services
Agreements and Secured Swap Contracts shall be excluded from the application described above if the
Administrative Agent has not received written notice thereof, together with such supporting
documentation as the Administrative Agent may request, from the applicable Cash Management Bank or
Swap Bank, as the case may be. Each Cash Management Bank or Swap Bank not a party to this
Agreement that has given the notice contemplated by the preceding
sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the
Administrative Agent pursuant to the terms of Article IX for itself and its Affiliates as
if a “Lender” party hereto.

 

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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 neither the Borrower nor any other Loan Party shall have rights as a third
party beneficiary of any of such provisions.

(b) The Administrative Agent shall also act as the “collateral agent” under the Loan
Documents, and each of the Lenders (including in its capacities as a potential Swap Bank and a
potential Cash Management Bank) and the L/C Issuer hereby irrevocably appoints and authorizes the
Administrative Agent to act as the agent 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” 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” 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 “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 Borrower 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;

 

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(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
the Borrower or any of its 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 Borrower, 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 (v) 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 Borrower), 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.

 

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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 Borrower. Upon receipt of any
such notice of resignation, the Required Lenders shall have the right, in consultation with the
Borrower, 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 Borrower 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, 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
Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor
unless otherwise agreed between the Borrower 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.

 

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Any resignation by Bank of America as Administrative Agent pursuant to this Section shall also
constitute its resignation as L/C Issuer and Swing Line Lender. Upon the acceptance of a
successor’s appointment as Administrative Agent hereunder, (a) such successor shall succeed to and
become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer and
Swing Line Lender, (b) the retiring L/C Issuer and Swing Line Lender shall be discharged from all
of their respective duties and obligations hereunder or under the other Loan Documents, and (c) 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 the
retiring L/C Issuer to effectively assume the obligations of the retiring L/C Issuer with respect
to such Letters of Credit.

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 Book
Managers or Arrangers 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 the 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(h) and (i),
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, in the event that 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. Each of the Lenders (including in its capacities as a
potential Cash Management Bank and a potential Swap Bank) 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 (A) contingent indemnification obligations and (B) obligations and
liabilities under Secured Cash Management Services Agreements and Secured Swap Contracts as to
which the applicable Cash Management Bank or Swap Bank shall be responsible for making their own
arrangements) and the expiration or termination of all Letters of Credit (other than Letters of
Credit as to which Cash or Collateral or other arrangements satisfactory to the Administrative
Agent and the L/C Issuer shall have been made), (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; and

(b) to release any Subsidiary Guarantor from its obligations under the Subsidiary Guaranty and
release the pledge of its assets, stock and indebtedness if such Person (i) ceases to be a
Subsidiary as a result of a transaction permitted hereunder or (ii) becomes an Excluded Subsidiary.

Upon request by the Administrative Agent at any time, the Required Lenders will confirm in
writing the Administrative Agent’s authority to release its interest in particular types or items
of property, or any release pursuant to this Section 9.10.

9.11 Secured Cash Management Services Agreements and Secured Swap Contracts. Except as
otherwise expressly set forth herein, no Cash Management Bank or Swap Bank that obtains the benefit
of the provisions of Section 8.03, the Subsidiary Guaranty or any Collateral by virtue of
the provisions hereof or of the Subsidiary Guaranty or any Collateral Document shall have any right
to notice of any action or to consent to, direct or object to any action hereunder or under any
other Loan Document or otherwise in respect of the Collateral (including the release or impairment
of any Collateral) (or to notice of or to consent to any amendment, waiver or modification of the
provisions hereof or of the Subsidiary Guaranty or any Collateral Document) other than in its
capacity as a Lender and, in such case, only to the
extent expressly provided in the Loan Documents. Notwithstanding any other provision of this
Article IX to the contrary, the Administrative Agent shall not be required to verify the
payment of, or that other satisfactory arrangements have been made with respect to, Obligations
arising under Secured Cash Management Services Agreements and Secured Swap Contracts unless the
Administrative Agent has received written notice of such Obligations, together with such supporting
documentation as the Administrative Agent may request, from the applicable Cash Management Bank or
Swap Bank, as the case may be.

 

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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 Borrower or any other Loan Party therefrom,
shall in any event be effective unless the same shall be in writing and signed by the Required
Lenders and the Borrower 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, however, that no
such amendment, waiver or consent shall:

(a) waive any condition set forth in Section 4.01(a), without the written consent of
each Lender;

(b) waive any condition set forth in Section 4.02 as to any Credit Extension under a
particular Facility without the written consent of the Required Revolving Lenders or the Required
Term Lenders, as the case may be;

(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 of
principal, interest, fees or other amounts due to the Lenders (or any of them) hereunder (other
than mandatory prepayments under clauses (i) and (ii) of Section 2.05(b), late fees and
default interest) or under such other Loan Document without the written consent of each Lender
entitled to such payment;

(e) reduce or subordinate the principal of, or the rate of interest specified herein on, any
Loan or L/C Borrowing, or (subject to clause (iv) of the second proviso to this Section
10.01) any fees or other amounts payable hereunder or under any other Loan Document without the
written consent of each Lender or L/C Issuer entitled to such amount; provided,
however, that only the consent of the Required Lenders shall be necessary (i) to amend the
definition of “Default Rate” or to waive any obligation of the Borrower to pay interest or Letter
of Credit Fees at the Default Rate or (ii) to amend any financial covenant hereunder (or any
defined term used therein) even if the effect of such amendment would be to reduce the rate of
interest on any Loan or L/C Borrowing or to reduce any fee payable hereunder;

 

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(f) change (i) Section 8.03 in a manner that would alter the pro rata sharing of
payments required thereby without the written consent of each Lender or (ii) the order of
application of any reduction in the Commitments or any prepayment of Loans among the
Facilities from the application thereof set forth in the applicable provisions of Section
2.05(b) or 2.06(b), respectively, in any manner that materially and adversely affects
the Lenders under a Facility without the written consent of the Required Facility Lenders under
such Facility;

(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 definition of “Required
Facility Lenders” as it relates to a Facility (or the constituent definition therein relating to
such Facility) without the written consent of each Lender under such Facility;

(h) release all or substantially all of the value of the Subsidiary Guaranty, or release all
or substantially all of the Collateral in any transaction or series of related transactions except
as specifically permitted by the Loan Documents without the written consent of each Lender, except
to the extent the release of any Subsidiary from the Subsidiary Guaranty is permitted pursuant to
Section 9.10 (in which case such release may be made by the Administrative Agent acting
alone); or

(i) 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 the Required Facility Lenders
under such Facility;

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) each of the Fee Letters and the Engagement Letter may be amended, or rights or
privileges thereunder waived, in a writing executed only by the respective parties thereto, and (v)
Section 10.06(g) 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. Notwithstanding anything to the contrary herein, no
Defaulting Lender other than a Voting Defaulting Lender shall have any right to approve or
disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which
by its terms requires the consent of all Lenders or each affected Lender, or all Lenders or each
affected Lender under a Facility, may be effected with the consent of (A) the applicable Lenders
other than Defaulting Lenders and (B) any applicable Voting Defaulting Lenders), except that (x)
the Commitment of any Defaulting Lender may not be increased or extended without the consent of
such Lender and (y) any waiver, amendment or modification requiring the consent of all Lenders or
each affected Lender, or all Lenders or each affected Lender under a Facility, that by its terms
affects any Defaulting Lender more adversely than other affected Lenders shall require the consent
of such Defaulting Lender. Upon delivery by the
Borrower of each Compliance Certificate of a Responsible Officer certifying supplements to the
Schedules to this Agreement pursuant to Section 6.02(b), the schedule supplements attached
to each such certificate shall be incorporated into and become a part of and supplement
Schedules 5.08, 5.23 and 5.25 hereto, as applicable, and the Administrative
Agent may attach such schedule supplements to such Schedules, and each reference to such Schedules
shall mean and be a reference to such Schedules, as supplemented pursuant thereto.

 

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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 subsection (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 the 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 (including, as
appropriate, notices delivered solely to the Person designated by a Lender on its
Administrative Questionnaire then in effect for the delivery of notices that may contain
material non-public information relating to the Borrower).

Notices and other communications sent by hand or overnight courier service, or mailed by certified
or registered mail, shall be deemed to have been given when received; notices and other
communications sent by telecopier shall be deemed to have 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 and other communications
delivered through electronic communications to the extent provided in subsection (b) below shall be
effective as provided in such subsection (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 Borrower 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.

 

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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 the 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 the 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, however, that in no event
shall any Agent Party have any liability to the 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 Borrower, 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 Borrower, 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. Furthermore, each Public Lender agrees to
cause at least one individual at or on behalf of such Public Lender to at all times have selected
the “Private Side Information” or similar designation on the content declaration screen of the
Platform in order to enable such Public Lender or its delegate, in accordance with such Public
Lender’s compliance procedures and applicable Law, including United States Federal and state
securities Laws, to make reference to Borrower Materials that are not made available through the
“Public Side Information” portion of the Platform and that may contain material non-public
information with respect to the Borrower or its securities for purposes of United States Federal or
state securities Laws.

 

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(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 Loan Notices and Swing Line Loan Notices) purportedly given by or on behalf of the
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 Borrower 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 the 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; Enforcement. 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.

Notwithstanding anything to the contrary contained herein or in any other Loan Document, the
authority to enforce rights and remedies hereunder and under the other Loan Documents against the
Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at law
in connection with such enforcement shall be instituted and maintained exclusively by, the
Administrative Agent in accordance with Section 8.02 for the benefit of all the Lenders and
the L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the
Administrative Agent from exercising on its own behalf the rights and remedies that inure to its
benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan
Documents, (b) the L/C Issuer or the Swing Line Lender from exercising the rights and remedies that
inure to its benefit (solely in its capacity as L/C Issuer or Swing Line Lender, as the case may
be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in
accordance with Section 10.08 (subject to the terms of Section 2.13), or (d) any
Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the
pendency of a proceeding relative to any Loan Party under any Debtor Relief Law; and
provided, further, that if at any time there is no Person acting as Administrative
Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the
rights otherwise ascribed to the Administrative Agent pursuant to Section 8.02 and (ii) in
addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject
to Section 2.13, any Lender may, with the consent of the Required Lenders, enforce any
rights and remedies available to it and as authorized by the Required Lenders.

 

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10.04 Expenses; Indemnity; Damage Waiver. (a) Costs and Expenses. The Borrower shall
pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its
Affiliates (including the reasonable fees, charges and reasonable disbursements of McGuireWoods
LLP, as counsel for the Administrative Agent (which shall be the only counsel
Borrower shall be required to reimburse with respect to the initial preparation of the Loan)
and any special or local counsel to the Administrative Agent (on behalf of the Lenders), if
necessary), 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 reasonable out-of-pocket expenses incurred by the Administrative Agent, any Lender (after
the occurrence of a Default) or the L/C Issuer (including the fees, charges and reasonable
disbursements of any counsel for 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
the 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 Borrower. The Borrower 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, damages, liabilities, penalties and
related reasonable, out-of-pocket expenses (including the reasonable fees, charges and
disbursements of any counsel for any Indemnitee) (other than those provided for under Section
10.04(a)(i)); provided, that, as long as no Default exists Borrower shall
engage and pay for defense counsel that is reasonably acceptable to the Required Lenders in
connection with claims brought by third parties and Lenders may engage separate counsel under such
circumstances at their own expense (it being understood that upon the occurrence of an Event of
Default, all counsel shall be at the cost and expense of Borrower)), incurred by any Indemnitee or
asserted against any Indemnitee by any third party or by the 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 the Borrower or any
of its Subsidiaries, or any Environmental Liability related in any way to the 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 Borrower or any other Loan Party, and regardless of whether any
Indemnitee is a party thereto, in all cases, whether or not caused by or arising, in whole or in
part, out of the comparative, contributory or sole negligence of the Indemnitee; provided
that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses,
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expenses (x) are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from
the gross negligence or willful misconduct of such Indemnitee or (y) result from a claim brought by
the Borrower or any other Loan Party against an Indemnitee for breach in bad faith of such
Indemnitee’s obligations hereunder or under any other Loan Document, if the Borrower or such Loan
Party has obtained a final and nonappealable judgment in its favor on such claim as determined by a
court of competent jurisdiction.

(c) Reimbursement by Lenders. To the extent that the Borrower for any reason fails to
indefeasibly pay any amount required under subsection (a) or (b) of this 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 subsection (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, no party hereto shall assert, and hereby waives, any claim against any other party
hereto, 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 subsection (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 and the L/C Issuer, the replacement of any Lender, the termination of the
Aggregate Commitments and the repayment, satisfaction or discharge of all the other Obligations.

 

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10.05 Payments Set Aside. To the extent that any payment by or on behalf of the 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 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 Federal Funds Rate from time to time in effect. 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 neither the Borrower nor any other
Loan Party may assign or otherwise transfer any of its rights or obligations hereunder (except
pursuant to a transaction expressly permitted 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), (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(g) (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 subsection (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 Eligible
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 this 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

 

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(B) in any case not described in subsection (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 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
Facility, unless each of the Administrative Agent and, so long as no Event of
Default has occurred and is continuing, the Borrower otherwise consents (each such
consent not to be unreasonably withheld or delayed); provided,
however, 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 obligations 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 subsection (b)(i)(B) of this Section and, in addition:

(A) the consent of the Borrower (such consent not to be unreasonably withheld)
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; provided that the Borrower shall be deemed to
have consented to any such assignment unless it shall object thereto by written
notice to the Administrative Agent within five (5) Business Days after having
received notice thereof;

(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 Revolving Credit Commitment or Revolving Credit Loan if such assignment is
to a Person that is not a Revolving Credit Lender, an Affiliate of such Revolving
Credit Lender or an Approved Fund with respect to such Revolving Credit Lender, or
(ii) any Term Loan to a Person that is not a Lender, an Affiliate of a Lender or an
Approved Fund;

(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

 

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(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.

(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 of $3,500; provided, however,
that the Administrative Agent may, in its sole discretion, elect to waive such processing
and recordation fee in the case of any assignment; and the Eligible Assignee, if it is not a
Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.

(v) No Assignment to Certain Persons. No such assignment shall be made (A) to
the Borrower or any of the Borrower’s Affiliates or Subsidiaries, (B) to any Defaulting
Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder,
would constitute any of the foregoing Persons described in this clause (B), or (C) to a
natural person.

(vi) Certain Additional Payments. In connection with any assignment of rights
and obligations of any Defaulting Lender hereunder, no such assignment shall be effective
unless and until, in addition to the other conditions thereto set forth herein, the parties
to the assignment shall make such additional payments to the Administrative Agent in an
aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright
payment, purchases by the assignee of participations or subparticipations, or other
compensating actions, including funding, with the consent of the Borrower and the
Administrative Agent, the applicable pro rata share of Loans previously requested but not
funded by the Defaulting Lender, to each of which the applicable assignee and assignor
hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then
owed by such Defaulting Lender to the Administrative Agent or any Lender hereunder (and
interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share
of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with
its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment
of rights and obligations of any Defaulting Lender hereunder shall become effective under
applicable Law without compliance with the provisions of this paragraph, then the assignee
of such interest shall be deemed to be a Defaulting Lender for all purposes of this
Agreement until such compliance occurs.

Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c)
of this Section 10.06, 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, the 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 subsection 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).

 

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(c) Register. The Administrative Agent, acting solely for this purpose as an agent of
the Borrower (and such agency being solely for tax purposes), 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
Borrower, 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. In addition, the Administrative Agent shall maintain on
the Register information regarding the designation, and revocation of designation, of any Lender as
a Defaulting Lender (and as a Voting Defaulting Lender). The Register shall be available for
inspection by the Borrower 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,
the Borrower or the Administrative Agent, sell participations to any Person (other than a natural
person, a Defaulting Lender or the Borrower or any of the Borrower’s Affiliates or Subsidiaries)
(each, a “Participant”) in all or a portion of such Lender’s rights and/or 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 Borrower, 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 Section 10.06(e), the
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 On 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 Borrower’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 Borrower is notified of the participation sold to such
Participant and such Participant agrees, for the benefit of the Borrower, to comply with
Section 3.01(e) as though it were a Lender.

 

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(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) 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 Borrower (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 Borrower 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 Borrower and the Administrative Agent and with the payment of a processing fee in
the amount of $3,500 (which processing fee may be waived by the Administrative Agent in its sole
discretion), 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.

 

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(h) 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 Commitment and Revolving Credit Loans pursuant to Section 10.06(b), Bank
of America may, (i) upon 30 days’ notice to the Borrower and the Lenders, resign
as L/C Issuer and/or (ii) upon 30 days’ notice to the Borrower, resign as Swing Line Lender.
In the event of any such resignation as L/C Issuer or Swing Line Lender, the Borrower shall be
entitled to appoint from among the Lenders a successor L/C Issuer or Swing Line Lender hereunder;
provided, however, (i) that no failure by the Borrower 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 and (ii) no Lender shall be required to accept the appointment as a successor 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 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, trustees, 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 10.07, 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 any Eligible
Assignee invited to be a Lender pursuant to Section 2.16(c) or (ii) any actual or
prospective counterparty (or its advisors) to any swap or derivative transaction relating to the
Borrower and its obligations, (g) with the consent of the Borrower or (h) to the extent such
Information (x) becomes publicly available other than as a result of a breach of this Section
10.07 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 Borrower.

 

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For purposes of this Section, “Information” means all information received from the Borrower
or any Subsidiary relating to the Borrower or any Subsidiary 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 Borrower or any
Subsidiary, provided that, in the case of information received from the Borrower or any
Subsidiary after the Closing Date, such information either consists of customer lists or customer
or product-specific sales information or 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.

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 Borrower 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, 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 the Borrower or any other
Loan Party against any and all of the obligations of the Borrower or such Loan Party 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 the Borrower or
such Loan Party 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; provided that in the event that any Defaulting Lender shall exercise any such
right of setoff, (x) all amounts so set off shall be paid over immediately to the Administrative
Agent for further application in accordance with the provisions of Section 2.15 and,
pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed
held in trust for the benefit of the Administrative Agent and the Lenders, and (y) the Defaulting
Lender shall provide promptly to the Administrative Agent a statement describing in reasonable
detail the Obligations owing to such Defaulting Lender as to which it exercised such right of
setoff. 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 Borrower 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
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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 Borrower. 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 of an
executed counterpart of a signature page of this Agreement by telecopy or other electronic imaging
means 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. Without limiting the foregoing provisions of this
Section 10.12, if and to the extent that the enforceability of any provisions in this
Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in
good faith by the Administrative Agent, the L/C Issuer or the Swing Line Lender, as applicable,
then such provisions shall be deemed to be in effect only to the extent not so limited.

 

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10.13 Replacement of Lenders. If (i) any Lender requests compensation under Section
3.04, or if the 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, (ii) a
Lender gives any notice under Section 3.02, (iii) any Lender fails to consent to a proposed
consent, amendment or waiver that requires consent of all the Lenders or all the affected Lenders
and with respect to which Required Lenders shall have granted their consent, so long as a result of
the replacement of such Lender, the consent of all Lenders or all affected Lenders would be
obtained, (iv) any Lender is a Defaulting Lender, or (v) any other circumstance exists hereunder
that gives the Borrower the right to replace a Lender as a party hereto, then the Borrower 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 Borrower shall have paid 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 100% of 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 Borrower (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

(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 Borrower to
require such assignment and delegation cease to apply.

 

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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 WITHOUT REFERENCE
TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF.

(b) SUBMISSION TO JURISDICTION. THE 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 CITY 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 THE BORROWER
OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION.

(c) WAIVER OF VENUE. THE 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. NOTHING IN THIS AGREEMENT WILL AFFECT
THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

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.

 

132

 

10.16 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
Borrower that pursuant to the requirements of the USA PATRIOT Act (Title
III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required
to obtain, verify and record information that identifies each Loan Party, which information
includes the name and address of each Loan Party and other information that will allow such Lender
or the Administrative Agent, as applicable, to identify each Loan Party in accordance with the Act.
The Borrower shall, promptly following a request by the Administrative Agent or any Lender,
provide all documentation and other information that the Administrative Agent or such Lender
requests in order to comply with its ongoing obligations under applicable “know your customer” and
anti-money laundering rules and regulations, including the Act.

10.17 Time of the Essence. Time is of the essence of the Loan Documents.

10.18 No Advisory or Fiduciary Responsibility. In connection with all aspects of each
transaction contemplated hereby (including in connection with any amendment, waiver or other
modification hereof or of any other Loan Document), the Borrower acknowledges and agrees, and
acknowledges its Affiliates’ understanding, that: (i) (A) the arranging and other services
regarding this Agreement provided by the Administrative Agent and the Arrangers, are arm’s-length
commercial transactions between the Borrower and its Affiliates, on the one hand, and the
Administrative Agent and the Arrangers, on the other hand, (B) the Borrower has consulted its own
legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (C) the
Borrower is capable of evaluating, and understands and accepts, the terms, risks and conditions of
the transactions contemplated hereby and by the other Loan Documents; (ii) (A) the Administrative
Agent and each Arranger each is and has been acting solely as a principal and, except as expressly
agreed in writing by the relevant parties, has not been, is not, and will not be acting as an
advisor, agent or fiduciary for the Borrower or any of its Affiliates, or any other Person and (B)
neither the Administrative Agent nor any Arranger has any obligation to the Borrower or any of its
Affiliates with respect to the transactions contemplated hereby except those obligations expressly
set forth herein and in the other Loan Documents; and (iii) the Administrative Agent and the
Arrangers and their respective Affiliates may be engaged in a broad range of transactions that
involve interests that differ from those of the Borrower and its Affiliates, and neither the
Administrative Agent nor any Arranger has any obligation to disclose any of such interests to the
Borrower or its Affiliates. To the fullest extent permitted by Law, the Borrower hereby waives and
releases any claims that it may have against the Administrative Agent or any Arranger with respect
to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any
transaction contemplated hereby.

10.19 Electronic Execution of Assignments and Certain Other Documents. The words “execution,”
“signed,” “signature,” and words of like import in any Assignment and Assumption or in any
amendment or other modification hereof (including waivers and consents) 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.

 

133

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of
the date first above written.

	 	 	 	 	 
	 	INTEGRA LIFESCIENCES HOLDINGS CORPORATION, 
a Delaware
corporation, as the Borrower

 	 
	 	By:  	
/s/ John B. Henneman, III 	 
	 	 	Name:  	John B.
Henneman, III	 
	 	 	Title:  	Executive
Vice President, Finance and Administration & Chief Financial Officer	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as

Administrative Agent

 	 
	 	By:  	/s/ Amie Edwards
 	 
	 	 	Name:  	Amie Edwards 	 
	 	 	Title:  	Senior Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as a Lender, L/C

Issuer and Swing Line Lender

 	 
	 	By:  	/s/ Amie Edwards
 	 
	 	 	Name:  	Amie Edwards 	 
	 	 	Title:  	Senior Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, as

Syndication Agent and a Lender

 	 
	 	By:  	/s/ D. Scott Farquhar
 	 
	 	 	Name:  	D. Scott Farquhar 	 
	 	 	Title:  	Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, N.A. as a Co-

Documentation Agent and as a Lender

 	 
	 	By:  	/s/
Timothy J. Smith	 
	 	 	Name: Timothy J. Smith	 	 
	 	 	Title: Senior Vice President	 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	DNB NOR BANK ASA, as a Co-Documentation

Agent and as a Lender

 	 
	 	By:  	/s/ Philip F. Kurpiewski
 	 
	 	 	Name:  	Philip F. Kurpiewski 	 
	 	 	Title:  	Senior Vice President 	 
	 	 	 
	 	By:  	                                               /s/ Marcus Wendehog
 	 
	 	 	Name:  	Marcus Wendehog 	 
	 	 	Title:  	First Vice President Associate General Counsel (Americas) 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	FIFTH THIRD BANK, as a Co-Documentation

Agent and as a Lender

 	 
	 	By:  	/s/ Joseph A. Miller
 	 
	 	 	Name:  	Joseph A. Miller 	 
	 	 	Title:  	Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	HSBC BANK USA, NA, as a Co-Documentation

Agent and as a Lender

 	 
	 	By:  	/s/
Robert L. Moravec	 
	 	 	Name: Robert L. Moravec	 	 
	 	 	Title: Vice President	 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	SOVEREIGN BANK, as a Lender

 	 
	 	By:  	/s/ Chris D. Wolfslayer
 	 
	 	 	Name:  	Chris D. Wolfslayer 	 
	 	 	Title:  	Senior Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	TD BANK, N.A., as a Co-Documentation Agent

and as a Lender

 	 
	 	By:  	/s/
Ted Hopkinson	 
	 	 	Name: Ted Hopkinson	 	 
	 	 	Title: Senior Vice President	 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	DEUTSCHE BANK TRUST COMPANY

AMERICAS, as a Lender

 	 
	 	By:  	/s/ Carin Keegan
 	 
	 	 	Name:  	Carin Keegan 	 
	 	 	Title:  	Director 	 
	 
	 	 	 
	 	By:  	                                               /s/ Scottye Lindsey
 	 
	 	 	Name:  	Scottye Lindsey 	 
	 	 	Title:  	Director 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	ROYAL BANK OF CANADA, as a Co-

Documentation Agent and as a Lender

 	 
	 	By:  	/s/ Mustafa Topiwalla
 	 
	 	 	Name:  	Mustafa Topiwalla 	 
	 	 	Title:  	Authorized Signatory 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	CITIZENS BANK OF PENNSYLVANIA, as a 

Lender

 	 
	 	By:  	/s/ Carol Castle
 	 
	 	 	Name:  	Carol Castle 	 
	 	 	Title:  	Senior Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	CAPITAL ONE, N.A., as a Lender

 	 
	 	By:  	/s/ Thomas P. Higgins
 	 
	 	 	Name:  	Thomas P. Higgins 	 
	 	 	Title:  	SVP 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	PNC BANK, N.A., as a Lender

 	 
	 	By:  	/s/
Brian J. Clark	 
	 	 	Name: Brian J. Clark	 	 
	 	 	Title: Senior Vice President	 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	UNION BANK, N.A., as a Lender

 	 
	 	By:  	/s/ Michael Tschida
 	 
	 	 	Name:  	Michael Tschida 	 
	 	 	Title:  	Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	MORGAN STANLEY BANK, N.A., as a 

Lender

 	 
	 	By:  	/s/ Ryan Vetsch
 	 
	 	 	Name:  	Ryan Vetsch 	 
	 	 	Title:  	Authorized Signatory 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	PEOPLE’S UNITED BANK, as a Lender

 	 
	 	By:  	/s/ Maurice E. Fry
 	 
	 	 	Name:  	Maurice E. Fry 	 
	 	 	Title:  	Senior Commercial Loan Officer, SVP 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	RBC BANK (USA), as a Lender

 	 
	 	By:  	/s/ Richard Marshall
 	 
	 	 	Name:  	Richard Marshall 	 
	 	 	Title:  	Market Executive — National Division 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	BROWN BROTHERS HARRIMAN & CO., as 

a Lender

 	 
	 	By:  	/s/ Daniel Head
 	 
	 	 	Name:  	Daniel Head 	 
	 	 	Title:  	Senior Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	FIRST NIAGARA BANK, N.A., as a Lender

 	 
	 	By:  	/s/ Louis Haverty
 	 
	 	 	Name:  	Louis Haverty 	 
	 	 	Title:  	Assistant Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	MANUFACTURERS BANK, as a Lender

 	 
	 	By:  	/s/ Sandy Lee
 	 
	 	 	Name:  	Sandy Lee 	 
	 	 	Title:  	Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	SIEMENS FINANCIAL SERVICES, INC., as a Lender

 	 
	 	By:  	/s/
Doug Maher	 
	 	 	Name: Doug Maher	 	 
	 	 	Title: Managing Director	 	 
	 
	 	By:  	/s/
 Carol Walters	 
	 	 	Name: Carol Walters	 	 
	 	 	Title: Vice President Documentation	 	 
	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	THE BANK OF EAST ASIA, LIMITED,

NEW YORK BRANCH, as a Lender

 	 
	 	By:  	/s/ Kenneth Pettis
 	 
	 	 	Name:  	Kenneth Pettis 	 
	 	 	Title:  	Senior Vice President 	 
	 	 	 
	 	By:  	                                               /s/ Kitty Sin
 	 
	 	 	Name:  	Kitty Sin 	 
	 	 	Title:  	Senior Vice President 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	CIBC, INC., as a Lender

 	 
	 	By:  	/s/ Caroline Adams
 	 
	 	 	Name:  	Caroline Adams 	 
	 	 	Title:  	Authorized Signatory 	 
	 

AMENDED AND RESTATED CREDIT AGREEMENT

Signature Page

 

 

 

SCHEDULE 1.01

EXCLUDED SUBSIDIARIES AND SUBSIDIARY GUARANTORS

Excluded Subsidiaries

Excluded Subsidiaries whose Equity Interest is not pledged:

BIMECO, Inc., a Florida corporation

CardioDyne, Inc., a Massachusetts corporation

Cathtec, Incorporated, a Massachusetts corporation

Fiber Imaging Technologies, Inc., a Massachusetts corporation

Integra Healthcare Products LLC, a Delaware limited liability company

Integra LifeSciences (France) LLC, a Delaware limited liability company

Integra Sales, Inc., a Delaware corporation

Integra Selector Corporation, a Delaware corporation

Jarit Instruments, Inc., a Delaware corporation

LXU Healthcare, Inc. — Medical Specialty Products, a Delaware corporation

Newdeal, Inc., a Texas corporation

Precise Dental Products, Ltd., a California corporation

Precision Dental International, Inc., a California corporation

All Foreign Subsidiaries

Excluded Subsidiaries whose Equity Interest is pledged:

Integra LifeSciences (Canada) Holdings, Inc., a Delaware corporation

IsoTis, Inc., a Delaware corporation

Precise Dental Holding Corp., a New Jersey corporation

Subsidiary Guarantors

EndoSolutions, Inc., a Delaware corporation

Integra LifeSciences Corporation, a Delaware corporation

Integra Luxtec, Inc., a Massachusetts corporation

Integra NeuroSciences (International), Inc., a Delaware corporation

Integra Radionics, Inc., a Delaware corporation

IsoTis OrthoBiologics, Inc., a Washington corporation

J. Jamner Surgical Instruments, Inc., a Delaware corporation

Miltex, Inc., a Delaware corporation

Minnesota Scientific, Inc., a Minnesota corporation

Theken Spine, LLC, an Ohio limited liability company

SCHEDULE 1.01 — 1

 

 

SCHEDULE 2.01

COMMITMENTS AND APPLICABLE PERCENTAGES

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Revolving	 	 	Applicable	 	 	Term Loan	 	 	Applicable	 
	Lender	 	Commitment	 	 	Percentage	 	 	Commitment	 	 	Percentage	 
	Bank of America, N.A.
	 	$	39,681,818.17	 	 	 	8.818181816	%	 	$	11,318,181.83	 	 	 	7.545454553	%
	JPMorgan Chase Bank, N.A.
	 	$	39,681,818.18	 	 	 	8.818181818	%	 	$	11,318,181.82	 	 	 	7.545454547	%
	Wells Fargo Bank, National Association
	 	$	33,750,000.00	 	 	 	7.500000000	%	 	$	11,250,000.00	 	 	 	7.500000000	%
	DnB NOR Bank ASA
	 	$	32,136,363.64	 	 	 	7.141414142	%	 	$	8,863,636.36	 	 	 	5.909090907	%
	Fifth Third Bank
	 	$	29,090,909.09	 	 	 	6.464646464	%	 	$	10,909,090.91	 	 	 	7.272727273	%
	HSBC Bank USA, National Association
	 	$	29,090,909.09	 	 	 	6.464646464	%	 	$	10,909,090.91	 	 	 	7.272727273	%
	Sovereign Bank
	 	$	25,000,000.00	 	 	 	5.555555556	%	 	$	7,500,000.00	 	 	 	5.000000000	%
	TD Bank, N.A.
	 	$	23,636,363.64	 	 	 	5.252525253	%	 	$	8,863,636.36	 	 	 	5.909090907	%
	Deutsche Bank Trust Company Americas
	 	$	21,818,181.82	 	 	 	4.848484849	%	 	$	8,181,818.18	 	 	 	5.454545453	%
	Royal Bank of Canada
	 	$	22,727,272.73	 	 	 	5.050505051	%	 	$	7,272,727.27	 	 	 	4.848484847	%
	Citizens Bank of Pennsylvania
	 	$	20,000,000.00	 	 	 	4.444444444	%	 	$	7,500,000.00	 	 	 	5.000000000	%
	Capital One, N.A.
	 	$	20,181,818.18	 	 	 	4.484848484	%	 	$	6,818,181.82	 	 	 	4.545454547	%
	PNC Bank, N.A.
	 	$	18,181,818.18	 	 	 	4.040404040	%	 	$	6,818,181.82	 	 	 	4.545454547	%
	Union Bank, N.A.
	 	$	18,181,818.18	 	 	 	4.040404040	%	 	$	6,818,181.82	 	 	 	4.545454547	%
	Morgan Stanley Bank, N.A.
	 	$	13,409,090.91	 	 	 	2.979797980	%	 	$	4,090,909.09	 	 	 	2.727272727	%
	People’s United Bank
	 	$	11,250,000.00	 	 	 	2.500000000	%	 	$	3,750,000.00	 	 	 	2.500000000	%
	RBC Bank (USA)
	 	$	11,363,636.36	 	 	 	2.525252524	%	 	$	3,636,363.64	 	 	 	2.424242427	%
	Brown Brothers Harriman & Co.
	 	$	7,272,727.27	 	 	 	1.616161616	%	 	$	2,727,272.73	 	 	 	1.818181820	%
	First Niagara Bank, N. A.
	 	$	7,272,727.27	 	 	 	1.616161616	%	 	$	2,727,272.73	 	 	 	1.818181820	%
	Manufacturers Bank
	 	$	7,545,454.55	 	 	 	1.676767678	%	 	$	2,454,545.45	 	 	 	1.636363633	%
	Siemens Financial Services, Inc.
	 	$	7,545,454.55	 	 	 	1.676767678	%	 	$	2,454,545.45	 	 	 	1.636363633	%
	The Bank of East Asia, Limited, New York Branch
	 	$	7,545,454.55	 	 	 	1.676767678	%	 	$	2,454,545.45	 	 	 	1.636363633	%
	CIBC Inc.
	 	$	3,636,363.64	 	 	 	0.808080809	%	 	$	1,363,636.36	 	 	 	0.909090907	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Total
	 	$	450,000,000.00	 	 	 	100.000000000	%	 	$	150,000,000.00	 	 	 	100.000000000	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 

 

 

 

SCHEDULE 5.03

APPROVALS AND CONSENTS

None.

 

 

 

SCHEDULE 5.08

SUBSIDIARIES AND OTHER EQUITY INVESTMENTS

Part (a). Subsidiaries of the Borrower

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Issued	 	 	 	Jurisdiction of
	Company Name	 	Authorized Shares/Units	 	Shares/Units	 	Held By	 	Formation
	Integra LifeSciences Corporation

	 	100 shares common stock, $1.00 par value
	 	 	 	100	 	Integra LifeSciences Holdings Corporation
	 	Delaware
	Integra Healthcare Products LLC

	 	Member interests only
	 	 	 	0	 	Integra LifeSciences Corporation
	 	Delaware
	J. Jamner Surgical Instruments, Inc.

	 	2000 shares common stock, without par value
	 	 	 	500	 	Integra LifeSciences Corporation
	 	Delaware
	Jarit Instruments, Inc.

	 	100 shares common stock, $0.01 par value
	 	 	 	100	 	J. Jamner Surgical Instruments, Inc.
	 	Delaware
	Integra Selector Corporation

	 	1000 shares common stock, $0.01 par value
	 	 	 	100	 	Integra LifeSciences Corporation
	 	Delaware
	Integra NeuroSciences (International), Inc.

	 	3000 shares common stock, $0.01 par value
	 	 	 	100	 	Integra LifeSciences Corporation
	 	Delaware
	Integra LifeSciences (France) LLC

	 	Member interests only
	 	 	 	0	 	Integra NeuroSciences (International), Inc.
	 	Delaware
	Newdeal Inc.

	 	1000 shares common stock, $1.00 par value
	 	 	 	700	 	Newdeal SAS
	 	Texas
	Integra Radionics, Inc

	 	1000 shares common stock, $0.01 par value
	 	 	 	100	 	Integra LifeSciences Corporation
	 	Delaware
	Integra ME GmbH

	 	€26,000 registered share capital
	 	 	 	1	 	Caveangle Limited
	 	Germany
	GMS, Gesellschaft für medizinische Sondentechnik mbH

	 	DM 200,000 registered share capital
	 	 	 	1	 	Caveangle Limited
	 	Germany
	Integra NeuroSciences GmbH

	 	DM 50,000 registered share capital
	 	 	 	1	 	Integra NeuroSciences Holdings B.V.
	 	Germany
	Jarit GmbH

	 	€25,000
	 	 	 	25,000	 	J. Jamner Surgical Instruments, Inc.
	 	Germany

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Issued	 	 	 	 	Jurisdiction of
	Company Name	 	Authorized Shares/Units	 	Shares/Units	 	 	Held By	 	Formation
	Integra NeuroSciences Holdings B.V.

	 	200 shares
	 	 	41	 	 	Integra LifeSciences Corporation
	 	Netherlands
	Caveangle Limited

	 	1,000 ordinary shares, £1.00 nominal value

15,000 ordinary shares, $1.00 nominal value
	 	100

13,001,490
	 	 	Integra LifeSciences Corporation (99 shares)

Integra Selector Corporation (1 share)

Integra LifeSciences Corporation (12,903,337 shares)

Integra Selector Corporation (98,153 shares)

	 	United Kingdom
	Integra NeuroSciences Holdings Limited

	 	1,000 ordinary shares, £1.00 nominal value

12,000,000 ordinary shares, $1.00 nominal value
	 	1

11,300,000
	 	 	Caveangle Limited
	 	United Kingdom
	Spembly Medical Limited

	 	5,000,000 ordinary shares, £1.00 nominal value
	 	 	4,182,916	 	 	Integra NeuroSciences Holdings Limited
	 	United Kingdom
	Integra NeuroSciences Limited

	 	5,000,000 ordinary shares, £1.00 nominal value
	 	 	2,769,029	 	 	Spembly Medical Limited
	 	United Kingdom
	Spembly Cryosurgery Limited

	 	79,031 ordinary shares, £1.00 nominal value
	 	 	79,031	 	 	Integra NeuroSciences Limited
	 	United Kingdom
	Integra LifeSciences (Ireland) Limited

	 	5,000,000 ordinary shares of €1.00 each
	 	 	650,001	 	 	Integra LifeSciences NR Ireland Limited
	 	Ireland
	Integra LifeSciences NR Ireland Limited

	 	1,000,000 ordinary shares of €1.00 each
	 	 	1	 	 	Integra LifeSciences Corporation
	 	Ireland
	Integra LifeSciences Sales (Ireland) Limited

	 	1,000,000 ordinary shares of €1.00 each
	 	 	1	 	 	Integra LifeSciences NR Ireland Limited
	 	Ireland
	Integra LifeSciences Shared Services (Ireland) Limited

	 	1,000,000 ordinary shares of €1.00 each
	 	 	1	 	 	Integra LifeSciences Corporation
	 	Ireland
	Integra CI, Inc.

	 	10,000 shares, $1.00 par value
	 	 	1	 	 	Integra LifeSciences Corporation
	 	Cayman Islands

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Issued	 	 	 	 	Jurisdiction of
	Company Name	 	Authorized Shares/Units	 	Shares/Units	 	 	Held By	 	Formation
	Integra NeuroSciences Holdings (France) SA

	 	1,500,000 common shares, €15.00 par value
	 	99,994

1

1

1

1

1

	 	 	Integra NeuroSciences (International), Inc. 

Caveangle Ltd.

James Oti 

Wenzel Hurtak 

Donald Nociolo 

Jerry Corbin 

Anne-MarieVirlogeux
	 	France
	Integra NeuroSciences Implants (France) SA

	 	3,187,860 common shares, €15.00 par value
	 	212,518

1

1

1

1 

1 

	 	 	Integra NeuroSciences Holdings (France) SA 

Caveangle Ltd. 

James Oti 

Wenzel Hurtak 

Donald Nociolo 

Jerry Corbin 

Anne-Marie Virlogeux
	 	France
	Integra LifeSciences Holdings SAS

	 	20,300,000 common shares, €10.00 par value

	 	20,300,000

	 	Integra NeuroSciences (International), Inc.
	 	France
	Newdeal SAS

	 	€1,000,000 shares,

€100 par value
	 	 	1,000,000	 	 	Integra LifeSciences Holdings SAS
	 	France
	Integra LS (Benelux) NV

	 	370,000 common shares

Without nominal value
	 	369,000

1
	 	 	Newdeal SAS 

Integra LifeSciences Holdings SAS
	 	Belgium
	Miltex, Inc.

	 	1,000 shares common stock

par value $.01
	 	 	100	 	 	Integra LifeSciences Corporation
	 	Delaware
	Miltex GmbH

	 	€226,000 ordinary shares

€1 nominal value
	 	 	 	 	 	Miltex, Inc.
	 	Germany
	EndoSolutions, Inc.

	 	1,000 shares common stock, par value $.01
	 	 	100	 	 	Miltex, Inc.
	 	Delaware
	Integra LifeSciences (Canada) Holdings, Inc.

	 	1,000 shares common stock, par value $.01
	 	 	100	 	 	Integra LifeSciences Corporation
	 	Delaware

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Issued	 	 	 	 	Jurisdiction of
	Company Name	 	Authorized Shares/Units	 	Shares/Units	 	 	Held By	 	Formation
	Canada Microsurgical ULC

	 	100,000,000,

No nominal value
	 	 	100	 	 	Integra LifeSciences (Canada) Holdings, Inc.
	 	Canada
	ILS Services Switzerland Ltd.

	 	100,000 registered shares 

CHF 10 per share
	 	 	10,000	 	 	Integra NeuroSciences Holdings B.V.
	 	Switzerland
	Integra LifeSciences Services (France) SAS

	 	37,000 common shares, 

€1 par value
	 	 	37,000	 	 	Integra NeuroSciences Holdings B.V.
	 	France
	Integra Luxtec, Inc.

	 	100 shares common stock, no par value
	 	 	100	 	 	Integra Radionics, Inc.
	 	Mass.
	Fiber Imaging Technologies, Inc.

	 	900,000 shares common stock, no par value
	 	 	900,000	 	 	Integra Luxtec, Inc.
	 	Mass.
	Cathtec, Incorporated

	 	200,000 shares common stock, no par value
	 	 	200,000	 	 	Integra Luxtec, Inc.
	 	Mass.
	CardioDyne, Inc.

	 	200,000 shares common stock, no par value
	 	 	200,000	 	 	Integra Luxtec, Inc.
	 	Mass.
	LXU Healthcare Inc. — Medical Specialty Products

	 	3,000 shares common stock, $0.01 par value
	 	 	3,000	 	 	Integra Luxtec, Inc.
	 	Delaware
	BIMECO, Inc

	 	1,000 shares common stock, $1.00 par value
	 	 	1,000	 	 	LXU Healthcare Inc. — Medical Specialty Products
	 	Florida
	IsoTis, Inc.

	 	110,000,000 shares common stock, $0.01 par value
	 	 	1,000	 	 	Integra LifeSciences Corporation
	 	Delaware
	IsoTis International SA

	 	62,075,898

CHF 1.00 par value 

	 	 	62,075,898	 	 	IsoTis, Inc.
	 	Switzerland
	IsoTis NV

	 	€2,000,000 shares, 

€0.04 par value
	 	 	19,825,515	 	 	IsoTis International SA
	 	Netherlands
	IsoTis Tissue Engineering Facility BV

	 	€90,000 shares

€1.00 par value
	 	 	18,000	 	 	IsoTis NV
	 	Netherlands
	Modex Therapeutics GmbH

	 	25,564.59 shares,

€1.00 par value
	 	 	25,564.59	 	 	IsoTis International SA
	 	Germany
	IsoTis OrthoBiologics Inc.

	 	110,000,000, shares

common stock, $1.00 par value
	 	 	8,766,584	 	 	IsoTis International SA
	 	Washington

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Issued	 	 	 	Jurisdiction of
	Company Name	 	Authorized Shares/Units	 	Shares/Units	 	Held By	 	Formation
	Precise Dental Products, Ltd

	 	10,000 common stock
	 	 	 	2,000	 	Integra LifeSciences Corporation
	 	California
	Precision Dental International, Ltd.

	 	100,000 common stock
	 	 	 	20,000	 	Integra LifeSciences Corporation
	 	California
	Precise Dental Holding Corp.

	 	2,000 shares without par value
	 	 	 	50-2/3	 	Integra LifeSciences Corporation
	 	New Jersey
	Precise Dental Internacional, S.A.de C.V.

	 	50,000 shares, par value MN $1.00 (Mexican Peso)
	 	49,500

500
	 	Precise Dental Holding Corp. 

Precise Dental Products, Ltd.
	 	Mexico
	Theken Spine, LLC

	 	Membership interests only
	 	 	 	0	 	Integra LifeSciences Corporation
	 	Ohio
	Integra Neurosciences Pty Ltd.

	 	Unlimited
	 	 	 	100	 	Integra NeuroSciences Holdings B.V.
	 	Australia
	Integra Neurosciences Pty Ltd.

	 	Unlimited
	 	 	 	100	 	Integra NeuroSciences Holdings B.V.
	 	New Zealand
	Minnesota Scientific, Inc.

	 	1,000,000 shares common
	 	 	 	941,722	 	Integra LifeSciences Corporation
	 	Minnesota
	Integra Sales, Inc.

	 	1,000 shares common
	 	 	 	1,000	 	Integra LifeSciences Corporation
	 	Delaware

Part (b). Other Equity Investments

None (other than Minority Equity Interests).

Part (c). Voting Trusts or Shareholder Agreements

None.

 

 

 

SCHEDULE 5.09

CERTAIN STOCK ARRANGEMENTS

	1.	 	As of August 2, 2010, options to purchase 1,912,954 shares of common stock of Integra
LifeSciences Holdings Corporation are outstanding.

	2.	 	As of August 2, 2010, contract stock grants covering 298,943 shares of common stock of
Integra LifeSciences Holdings Corporation are outstanding.

	3.	 	As of August 2, 2010, performance stock grants covering 7,710 shares of common stock of
Integra LifeSciences Holdings Corporation are outstanding.

	4.	 	As of August 2, 2010, 1,231,255 restricted units requiring Integra LifeSciences
Holdings Corporation to issue 1,231,255 shares of common stock are outstanding.

 

 

 

SCHEDULE 5.13

ENVIRONMENTAL MATTERS

None.

 

 

 

SCHEDULE 5.16

TRANSACTIONS WITH AFFILIATES

Agreements with Affiliates

	1.	 	Integra LifeSciences Corporation, a Loan Party, is a party to a lease agreement with
Plainsboro Associates relating to a manufacturing facility in Plainsboro, New Jersey.
Ocirne, Inc., a subsidiary of Provco Industries, owns a 50% interest in Plainsboro
Associates. Provco’s stockholders are trusts whose beneficiaries include the children of
Dr. Caruso, the Chairman and a principal stockholder of Integra LifeSciences Holdings
Corporation. Dr. Caruso is the President of Provco Industries.

The lease agreement provides for two leases at the same property through October 31, 2017 at
an annual rate of $272,308.64 ($22,692.39 monthly). The lease agreement also provides a ten
year option for Integra LifeSciences Corporation to extend the leases from November 1, 2017
through October 31, 2027 at an annual rate of $295,515.36 ($24,626.28 monthly), for the ten
year extension period (the rate is fixed for the entire ten year period).

	2.	 	The Borrower entered into an Equipment Lease Agreement with Medicus Corporation as of
June 1, 2000. On March 1, 2010, the Company exercised an option to extend the lease
agreement through March 31, 2012. The initial June 2000 agreement was subsequently amended
on June 29, 2010 to extend the term of the lease to March 31, 2022, with an option to renew
through March 31, 2032. The sole stockholder of Medicus Corporation is Provco Ventures I,
LP, of which Dr. Caruso serves as partner and president.

	3.	 	See the attached list of intercompany agreements.

Intercompany Loans

	4.	 	Intercompany loans made from time to time under an Intercompany Investment and Pooling
Agreement dated as of March 1, 2010 among Integra LifeSciences Shared Services (Ireland)
Limited and the Pooling Participants.

	5.	 	Intercompany loans made from time to time under an Intercompany Investment and Pooling
Agreement dated as of April 15, 2010 among Integra LifeSciences Corporation and the Pooling
Participants.

	6.	 	See the attachment to Schedule 7.03 for list of intercompany loans outstanding as of
August 10, 2010.

 

 

 

SCHEDULE 5.18

PENSION PLANS

None.

 

 

 

SCHEDULE 5.23

LABOR MATTERS

Integra LifeSciences Holdings Corporation and its subsidiaries are parties to the following
collective bargaining arrangements:

1. GMS, Geselleschaft für Medizinische Sondentechnik mbH has a works council relating to its
employees. There are no collective bargaining agreements but two work shop agreements of which the
one being of importance deals with general work rules (e.g. weekly working time, breaks, overtime,
vacation, sickness, non-paid special leave and the like).

2. Jarit GmbH does not have any collective bargaining agreements. However, certain employment
agreements make reference to the collective bargaining agreements of the German metal industry and
the subsidiary is complying with the terms of those agreements.

3. Miltex GmbH does not have any collective bargaining agreements. However, certain employment
agreements make reference to collective bargaining agreements of the German metal industry and the
subsidiary is complying with the terms of those agreements.

4. Newdeal SAS is not a party to a collective bargaining agreement. However, certain employment
agreements made reference to the collective bargaining agreements of the Métallurgie du Rhone and
the subsidiary is complying with certain terms of those agreements.

5. Integra LifeSciences Services (France) SAS falls under the Collective Bargaining Agreement
(Pharmacie — produits à usage pharmaceutique, para-pharmaceutique & veterinarie (Fabrication et
Commerce)).

6. Integra NeuroSciences Implants (France) SA is a party to a collective bargaining agreement.

7. Precise Dental Internacional S.A. de C.V. is a party to a collective bargaining agreement.

 

 

 

SCHEDULE 5.25

MATERIAL CONTRACTS

	1.	 	Indenture, dated as of June 11, 2007 among Integra LifeSciences Holdings Corporation,
Integra LifeSciences Corporation and Wells Fargo Bank, N.A., as trustee, relating to the
2.375% Senior Convertible Notes due 2012.

	2.	 	Intercompany Notes evidencing indebtedness in excess of $15 million and listed on
Schedule 7.03.

 

 

 

SCHEDULE 7.01

EXISTING LIENS

	1.	 	See Attachment.

 

 

 

INTEGRA LIFESCIENCES HOLDINGS CORPORATION

2010 Lien Search Results

(Conducted with CT Corporation)

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Debtor	 	Secured Party	 	Jurisdiction	 	File Date	 	File Number	 	 	Brief Collateral Description
	BORROWER
	 	 	 	 	 	 	 	 	 	 	 	 
	Integra LifeSciences Holdings Corporation

	 	Bank of America, N.A., as Administrative Agent
	 	Delaware Secretary of State
	 	12-23-05

06-14-06
	 	54000429

62030468
	 	 	Blanket Lien 

Amendment adding collateral to Schedule I
	SUBSIDIARY GUARANTORS
	 	 	 	 	 	 	 	 	 	 	 	 
	EndoSolutions, Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Delaware Secretary of State
	 	06-14-06
	 	 	62032233	 	 	Blanket Lien
	Integra LifeSciences Corporation

	 	Bank of America, N.A., as Administrative Agent
	 	Delaware Secretary of State
	 	12-23-05
	 	 	54000510	 	 	Blanket Lien
	 

	 	 	 	 	 	09-01-06

01-03-08

01-25-08

08-29-08

01-22-09

	 	63062148

80033272

80304715

82949210

90219839
	 	 	Amendment adding collateral to Schedule I

Amendment adding collateral to Schedule I

Amendment adding collateral to Schedule I

Amendment adding collateral to Schedule I

Amendment adding collateral to Schedule I

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Debtor	 	Secured Party	 	Jurisdiction	 	File Date	 	File Number	 	 	Brief Collateral Description
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	04-10-06
	 	 	61195973	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	09-26-06
	 	 	63322500	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	12-12-06
	 	 	64342861	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	02-13-07
	 	 	70575190	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	06-29-07
	 	 	72489796	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	07-24-07
	 	 	72775145	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	11-27-07
	 	 	74485966	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	07-02-08
	 	 	82276150	 	 	Specified equipment
	Integra LifeSciences Corporation

	 	Canon Financial Services
	 	Delaware Secretary of State
	 	04-15-10
	 	 	01313075	 	 	Specified equipment
	Integra Luxtec, Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Massachusetts Secretary of State
	 	06-08-07
	 	 	200757482540	 	 	Blanket Lien
	Integra Luxtec, Inc.

	 	CIT Technology Financing Services, Inc.
	 	Massachusetts Secretary of State
	 	10-23-08
	 	 	200869094800	 	 	Specified collateral pursuant to lease
	Integra Neurosciences (International), Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Delaware Secretary of State
	 	12-23-05
	 	 	54002060	 	 	Blanket Lien
	Integra Radionics, Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Delaware Secretary of State
	 	12-23-05

02-24-06
	 	54000409

60664714
	 	 	Blanket Lien 

Amendment adding collateral to Schedule I
	IsoTis Orthobiologics, Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Washington Secretary of State
	 	11-30-07
	 	 	200733860753	 	 	Blanket Lien

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Debtor	 	Secured Party	 	Jurisdiction	 	File Date	 	File Number	 	 	Brief Collateral Description
	J. Jamner Surgical Instruments, Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Delaware Secretary of State
	 	12-23-05
	 	 	54001385	 	 	Blanket Lien
	Miltex, Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Delaware Secretary of State
	 	06-14-06
	 	 	62031425	 	 	Blanket Lien
	Minnesota Scientific, Inc.

	 	US Bancorp
	 	Minnesota Secretary of State
	 	05-23-06
	 	 	200612045934	 	 	Specified collateral pursuant to lease
	Minnesota Scientific, Inc.

	 	US Bancorp
	 	Minnesota Secretary of State
	 	03-21-07
	 	 	200715995488	 	 	Specified collateral pursuant to lease
	Minnesota Scientific, Inc.

	 	Bank of America, N.A., as Administrative Agent
	 	Minnesota Secretary of State
	 	01-22-09
	 	 	200914681125	 	 	Blanket Lien
	Minnesota Scientific, Inc.

	 	US Bancorp
	 	Minnesota Secretary of State
	 	11-25-09
	 	 	200918160872	 	 	Specified collateral pursuant to lease
	Theken Spine, LLC

	 	Apple Financial Services
	 	Ohio Secretary of State
	 	08-14-07
	 	OH00118257377
	 	 	Specified collateral pursuant to lease
	Theken Spine, LLC

	 	Bank of America, N.A., as Administrative Agent
	 	Ohio Secretary of State
	 	08-29-08
	 	OH00129339526
	 	 	Blanket Lien

 

 

 

SCHEDULE 7.02

EXISTING INVESTMENTS (Other than Minority Equity Interests)

	1.	 	The equity investments made prior to the Closing Date in subsidiaries of the Borrower
as set forth in Schedule 5.08(a).

 

 

 

SCHEDULE 7.03

EXISTING INDEBTEDNESS

7.03(b) Indebtedness

	 	1.	 	$165 million of Integra LifeSciences Holdings Corporation 2.375% Senior Convertible
Notes due 2012.

7.03(e) Intercompany Loans

	 	1.	 	Intercompany loans made from time to time under an Intercompany Investment and Pooling
Agreement dated as of March 1, 2010 among Integra LifeSciences Shared Services (Ireland)
Limited and the Pooling Participants.

	 	2.	 	Intercompany loans made from time to time under an Intercompany Investment and Pooling
Agreement dated as of April 15, 2010 among Integra LifeSciences Corporation and the Pooling
Participants.

	 	3.	 	See the attached list of other intercompany loans outstanding as of August 10, 2010.

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Loan	 	Repaid	 	 	 	 	 	 	 	 	 	 	 	 	 
	Ref	 	Date	 	Date	 	Borrower	 	Lendor	 	 	 	Amount	 	 	 	 	 
	H
	 	5.12.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	101,000,000.00	 	 	 	 	 
	I
	 	7.05.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	6,000,000.00	 	 	 	 	 
	L
	 	7.31.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	39,515,000.00	 	 	 	 	 
	P
	 	12.31.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	48,943,866.58	 	 	 	 	 
	W
	 	05.07.07	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	30,000,000.00	 	 	 	 	 
	X
	 	05.11.07	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	4,000,000.00	 	 	 	 	 
	AG
	 	12.28.07	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	3,500,000.00	 	 	 	 	 
	AO
	 	07.28.08	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	75,000,000.00	 	 	 	 	 
	BJ
	 	07.28.08	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	5,000,000.00	 	 	 	 	 
	BV
	 	11.30.09	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	15,000,000.00	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	$	327,958,866.58	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	AJ
	 	12.13.07	 	 	 	Integra LifeSciences Corporation	 	LXU Healthcare, Inc	 	USD	 	$	1,000,000.00	 	 	 	 	 
	BW
	 	11.30.09	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences (Ireland) Ltd	 	USD	 	$	5,760,000.00	 	 	 	 	 
	BX
	 	11.30.09	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences (Ireland) Ltd	 	EUR	 	€	8,160,000.00	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	€	8,160,000.00	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	B
	 	12.22.04	 	 	 	J. Jamner Surgical Instruments, Inc.	 	Integra LifeScience Holdings	 	USD	 	$	24,000,000.00	 	 	 	 	 
	Q
	 	12.31.06	 	 	 	Integra Radionics	 	Integra LifeSciences Corporation	 	USD	 	$	4,966,897.00	 	 	 	 	 
	CB
	 	05.07.07	 	 	 	Integra Radionics	 	Integra LifeSciences Corporation	 	USD	 	$	30,000,000.00	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	$	34,966,897.00	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	BN
	 	03.30.09	 	 	 	Integra Luxtec	 	Bimeco, Inc	 	USD	 	$	8,902.14	 	 	 	 	 
	BO
	 	03.30.09	 	 	 	Integra Luxtec	 	LXU Healthcare, Inc	 	USD	 	$	570,835.97	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	$	579,738.11	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	CC
	 	03.22.10	 	 	 	Isotis Orthobiologics, Inc	 	Isotis International SA	 	EUR	 	€	3,900,000.00	 	 	 	 	 
	AP
	 	08.01.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	75,000,000.00	 	 	 	 	 
	BL
	 	02.10.09	 	 	 	Theken Spine LLC	 	Integra LifeSciences Corporation	 	USD	 	$	3,924,467.94	 	 	 	 	 
	BR
	 	09.11.09	 	 	 	Theken Spine LLC	 	Integra LifeSciences Corporation	 	USD	 	$	9,270,001.53	 	 	 	 	 
	BT
	 	09.11.09	 	 	 	Theken Spine LLC	 	Integra LifeSciences Corporation	 	USD	 	$	254,100.00	 	 	 	 	 
	AQ
	 	08.12.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	2,000,000.00	 	 	 	 	 
	AS
	 	08.12.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	150,000.00	 	 	 	 	 
	AR
	 	08.12.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	250,000.00	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	$	90,848,569.47	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	K
	 	7.05.06	 	 	 	Integra LifeScience (Canada)
Holdings Inc	 	 Integra LifeSciences Corporation	 	USD	 	$	5,761,094.61	 	 	 	 	 

 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Loan	 	Repaid	 	 	 	 	 	 	 	 
	Ref	 	Date	 	Date	 	Borrower	 	Lendor	 	 	 	Amount
	CE
	 	05.10.10	 	 	 	GMS mbh	 	Integra LifeSciences Shared Services (Ireland) Limited	 	  EUR	  €	1,300,000.00
	CF
	 	05.10.10	 	 	 	Integra NeuroSciences GmbH	 	Integra LifeSciences Shared Services (Ireland) Limited	 	  EUR	  €	1,300,000.00
	BD
	 	12.16.08	 	 	 	ILS Services Switzerland Ltd.	 	Integra LifeSciences Shared Services (Ireland) Limited	 	  EUR	  €	500,000.00
	CG
	 	05.10.10	 	 	 	Integra LifeSciences (Ireland) Mfg	 	Integra LifeSciences Shared Services (Ireland) Limited	 	  EUR	  €	10,000,000.00
	A
	 	12.21.04	 	 	 	Integra LifeScience Holdings SAS	 	Integra LifeSciences (France) LLC	 	 EUR	  €	20,000,000.00
	O
	 	10.03.06	 	 	 	Integra NeuroSciences Holdings BV	 	Integra LifeSciences Corporation	 	  EUR	  €	105,000.00
	CD
	 	05.10.10	 	 	 	Integra NeuroSciences Holdings BV	 	Integra LifeSciences Shared Services (Ireland) Limited     	 	  EUR	  €	4,346,361.71
	 
	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	  €	4,451,361.71
	 
	 	 	 	 	 	 	 	 	 	 	 

 

 

 

SCHEDULE 10.02

ADMINISTRATIVE AGENT’S OFFICE,

CERTAIN ADDRESSES FOR NOTICES

 BORROWER:

Integra LifeSciences Corporation

311 Enterprise Drive

Plainsboro, NJ 08356

Attention: David B. Holtz, Senior Vice President of Finance

Telephone: 609-936-2334

Telecopier: 609-799-3297

	 	 	 
	Electronic Mail:

	 	david.holtz@integra-ls.com
	 
	 	 
	with copies to:

	 	Integra LifeSciences Corporation
	 

	 	311 Enterprise Drive
	 

	 	Plainsboro, NJ 08356
	 

	 	Attention: General Counsel
	 

	 	Telephone:    609-936-2238
	 

	 	Facsimile:    609-275-9006
	 

	 	E-mail: rgorelick@integra-ls.com

ADMINISTRATIVE AGENT:

Administrative Agent’s Office (for payments and Requests for Credit Extensions):

Bank of America, N.A.

101 North Tryon Street

Mail Code: NC1-001-04-39

Charlotte, NC 28255

Attention: Amanda Cheney

Telephone: 980-387-2482

Telecopier: 704-264-2534

Electronic Mail: amanda.s.cheney@baml.com

Wiring Instructions:

	 	 	 	 	 
	Bank of America, N.A.

New York, New York
	ABA No.:

	 	026009593	 
	Account No.:

	 	1366212250600	 	 
	Account Name:

	 	Corporate Credit Services

	Reference:

	 	Integra LifeSciences

 

 

 

Other Notices as Administrative Agent:

Bank of America, N.A.

Agency Management

1455 Market Street

Mail Code: CA5-701-05-19

San Francisco, CA 94103

Attention: Kevin Ahart

Telephone: 415-436-2750

Telecopier: 415-503-5000

Electronic Mail: kevin.ahart@baml.com

L/C ISSUER:

Primary Contact:

Bank of America, N.A.

Standby Letters of Credit Department

1000 West Temple Street

Mail Code: CA9-705-07-05

Los Angeles, CA 90012-1514

Attention: Stella Rosales

Telephone: 213-481-7828

Telecopier: 213-580-8441

Electronic Mail: stella.rosales@baml.com

Secondary Contact:

Bank of America, N.A.

Standby Letters of Credit Department

1000 West Temple Street

Mail Code: CA9-705-07-05

Los Angeles, CA 90012-1514

Attention: Hermann Schutterle

Telephone: 213-481-7826

Telecopier: 213-580-8441

Electronic Mail: hermann.schutterle@baml.com

SWING LINE LENDER:

Bank of America, N.A.

101 North Tryon Street

Mail Code: NC1-001-04-39

Charlotte, NC 28255

Attention: Amanda Cheney

Telephone: 980-387-2482

Telecopier: 704-264-2534

Electronic Mail: amanda.s.cheney@baml.com

 

 

 

Wiring Instructions:

	 	 	 	 	 
	Bank of America, N.A.

New York, New York
	ABA No.:

	 	026009593	 	 
	Account No.:

	 	1366212250600	 	 
	Account Name:

	 	Corporate Credit Services

	Reference:

	 	Integra LifeSciences

 

 

 

EXHIBIT A

FORM OF LOAN NOTICE

Date:                     ,      

To: Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

Reference is made to that certain Amended and Restated Credit Agreement, dated as of August
10, 2010 (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 INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the “Borrower”),
the Lenders from time to time party thereto and BANK OF AMERICA, N.A., as Administrative Agent,
Swing Line Lender and L/C Issuer.

The undersigned hereby requests (select one):

	 	 	 
	o

	 	A Borrowing of Term Loans
	 
	 	 
	o

	 	A Borrowing of Revolving Credit Loans
	 
	 	 
	o

	 	A conversion or continuation of Term Loans
	 
	 	 
	o

	 	A conversion or continuation of Revolving Credit Loans

	 	1.	 	On                                                              (a Business Day).

	 
	 	2.	 	In the amount of $                    .

	 
	 	3.	 	Comprised of                                         .

[Type of Loan requested: Base Rate Loan or Eurodollar Rate Loan]

	 	4.	 	For Eurodollar Rate Loans: with an Interest Period of                      months.

The Revolving Credit Borrowing, if any, requested herein complies with the proviso to the
first sentence of Section 2.01(b) of the Agreement.

	 	 	 	 	 	 	 
	 	 	INTEGRA LIFESCIENCES
HOLDINGS CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

Form of Loan Notice

 

A-1

 

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 Amended and Restated Credit Agreement, dated as of August
10, 2010 (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 INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the “Borrower”),
the Lenders from time to time party thereto and BANK OF AMERICA, N.A., as Administrative Agent,
Swing Line Lender and L/C Issuer.

The undersigned 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 proviso to the
first sentence of Section 2.04(b) of the Agreement.

	 	 	 	 	 	 	 
	 	 	INTEGRA LIFESCIENCES
HOLDINGS CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

Form of Swing Line Loan Notice

 

B-1

 

EXHIBIT C-1

FORM OF TERM NOTE

_____________

FOR VALUE RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to
                                         or registered assigns permitted by the Agreement (as hereinafter defined)
(the “Lender”), in accordance with the provisions of the Agreement, the principal amount of
the Term Loan made by the Lender to the Borrower under that certain Amended and Restated Credit
Agreement, dated as of August 10, 2010 (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 the Borrower, the lenders from time to time party thereto
and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.

The Borrower promises to pay interest on the unpaid principal amount of the Term Loan from the
date of such Term 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 Dollars in immediately available funds at
the Administrative Agent’s Office. 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 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 the Subsidiary Guaranty and is secured
by the Collateral. If one or more of the Events of Default specified in the Agreement occurs and
is continuing, all amounts then remaining unpaid on this Term Note shall become under certain
circumstances, 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 and maturity of its Term Loan 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.

Form of Term Note

 

C-1-1

 

THIS TERM NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK WITHOUT REFERENCE TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF.

	 	 	 	 	 	 	 
	 	 	INTEGRA LIFESCIENCES
HOLDINGS CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

Form of Term Note

 

C-1-2

 

TERM LOAN AND PAYMENTS WITH RESPECT THERETO

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Amount of	 	Outstanding	 	 
	 	 	 	 	 	 	 	 	End of	 	Principal or	 	Principal	 	 
	 	 	Type of	 	Amount of	 	Maturity	 	Interest	 	Interest Paid	 	Balance This	 	Notation
	Date	 	Loan Made	 	Loan Made	 	Date	 	Period	 	This Date	 	Date	 	Made By
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Form of Term Note

 

C-1-3

 

EXHIBIT C-2

FORM OF REVOLVING CREDIT NOTE

_________

FOR VALUE RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to
                                         or registered assigns permitted by the Agreement (as hereinafter defined)
(the “Lender”), in accordance with the provisions of the Agreement, the principal amount of
each Revolving Credit Loan from time to time made by the Lender to the Borrower under that certain
Amended and Restated Credit Agreement, dated as of August 10, 2010 (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 the Borrower, the lenders from time to
time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C
Issuer.

The Borrower promises to pay interest on the unpaid principal amount of each Revolving Credit
Loan from the date of such Revolving Credit 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, all payments of principal and
interest shall be made to the Administrative Agent for the account of the Lender in Dollars in
immediately available funds at the Administrative Agent’s Office. 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 Note is one of the 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 Note is also entitled to the benefits of the Subsidiary
Guaranty and is secured by the Collateral. This Revolving Credit Note is issued in replacement of
a Note dated December 22, 2005 issued to the Lender pursuant to the Existing Credit Agreement (the
“Original Note”), and does not effect any refinancing or extinguishment of the indebtedness
and obligations of such Original Note and is not a novation but is a replacement of such Original
Note. If one or more of the Events of Default specified in the Agreement occurs and is continuing,
all amounts then remaining unpaid on this Revolving Credit Note shall become under certain
circumstances, or may be declared to be, immediately due and payable all as provided in the
Agreement. Revolving Credit 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 Note and endorse thereon the date, amount and
maturity of its Revolving Credit 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
Note.

Form of Revolving Credit Note

 

C-2-1

 

THIS REVOLVING CREDIT NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF
THE STATE OF NEW YORK WITHOUT REFERENCE TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF.

	 	 	 	 	 	 	 
	 	 	INTEGRA LIFESCIENCES
HOLDINGS CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

Form of Revolving Credit Note

 

C-2-2

 

REVOLVING CREDIT LOANS AND PAYMENTS WITH RESPECT THERETO

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Amount of	 	Outstanding	 	 
	 	 	 	 	 	 	 	 	End of	 	Principal or	 	Principal	 	 
	 	 	Type of	 	Amount of	 	Maturity	 	Interest	 	Interest Paid	 	Balance This	 	Notation
	Date	 	Loan Made	 	Loan Made	 	Date	 	Period	 	This Date	 	Date	 	Made By
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Form of Revolving Credit Note

 

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 Amended and Restated Credit Agreement, dated as of August
10, 2010 (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 INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the “Borrower”),
the Lenders from time to time party thereto (the “Lenders”) and BANK OF AMERICA, N.A., as
Administrative Agent, Swing Line Lender and L/C Issuer.

The undersigned Responsible Officer hereby certifies, solely in his/her capacity as an officer
of the Borrower, as of the date hereof that he/she is authorized to execute and deliver this
Certificate to the Administrative Agent on the behalf of the Borrower, and that:

[Use following paragraph 1 for fiscal year-end financial statements]

1. I have reviewed the most recent year-end audited financial statements, complete and correct
copies of which are attached hereto as Schedule 1, required by Section 6.01(a) of
the Agreement for the fiscal year of the Borrower and its Consolidated Subsidiaries ended as of the
above date, together with the reports and opinions of an independent certified public accountant
required by such section.

[Use following paragraph 1 for fiscal quarter-end financial statements]

1. I have reviewed the unaudited financial statements, complete and correct copies of which
are attached hereto as Schedule 1, required by Section 6.01(b) of the Agreement for
the fiscal quarter of the Borrower and its Consolidated Subsidiaries ended as of the above date.

2. Based on my knowledge, the financial statements do not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period
covered by the financial statements.

3. Based on my knowledge, the financial statements, and other financial information included
in this Certificate, fairly present in all material respects the consolidated financial condition,
results of operations and cash flows of the Borrower and its Consolidated Subsidiaries and the
combined financial condition, results of operations and cash flows of the Borrower and its
Consolidated Subsidiaries, each in accordance with GAAP as of, and for, the period presented in the
financial statements, subject only to normal year-end audit adjustments, formatting requirements
and the absence of footnotes.

Form of Compliance Certificate

 

D-4

 

4. 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 Borrower and its Consolidated Subsidiaries during the
accounting period covered by the attached financial statements.

5. A review of the activities of the Borrower and its Consolidated Subsidiaries during the
accounting period covered by the attached financial statements has been made under the supervision
of the undersigned with a view to determining whether during such fiscal period the Borrower and
its Consolidated Subsidiaries performed and observed all their Obligations under the Loan
Documents, and

[select one:]

[to the best knowledge of the undersigned during such fiscal period, the Borrower and its
Consolidated Subsidiaries performed and observed each covenant and condition of the Loan Documents
applicable to it and no Default under the financial covenants set forth in the Loan Documents
occurred or 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:]

[6. Attached as Schedule 3 to this Certificate are (a) supplements to Schedules
5.08, 5.23 and 5.25 of the Agreement and (b) supplements required by Section
4.14 of the Security Agreement and Section 4.1(b) of the Pledge Agreement.]

[7. After giving effect to the supplements to Schedules 5.08, 5.23 and
5.25 of the Agreement, supplements required by Section 4.14 of the Security Agreement and
Section 4.1(b) of the Pledge Agreement delivered herewith,] the representations and warranties
contained in Article V of the Agreement, Article III of the Security Agreement and
Article III of the Pledge Agreement, as applicable, or which are contained in any document
furnished at any time under or in connection with the Loan Documents, are true and correct in all
material respects 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 Certificate, the representations and
warranties contained in subsections (a) and (b) of Section 5.05 of the Agreement shall be
deemed to refer to the most recent statements furnished pursuant to subsections (a) and (b),
respectively, of Section 6.01 of the Agreement, including the statements in connection with
which this Certificate is delivered and the references to Schedules shall be deemed to refer to the
most updated supplements to the Schedules furnished pursuant to subsection (b) of Section
6.02 of the Agreement.

8. The financial covenant analyses and information set forth on Schedule 2 attached
hereto are true and accurate in all material respects on and as of the date of this Certificate.

Form of Compliance Certificate

 

D-5

 

9. All future synergies, cost savings and restructuring charges included in the calculation of
Consolidated EBITDA either (a) have been determined by the Company to be permitted to be included
as pro forma adjustments under Article 11 of Regulation S-X or (b) are otherwise permitted under
clause (b) of the definition of Permitted Cost Savings” found in the Credit Agreement..

10. The Consolidated EBITDA during the four consecutive fiscal quarters most recently ended of
all Domestic Subsidiaries that are designated as Excluded Subsidiaries does not exceed five percent
(5.0%) of the Consolidated EBITDA during such period of the Borrower and its consolidated Domestic
Subsidiaries.

IN WITNESS WHEREOF, the undersigned Responsible Officer has executed this Certificate solely
in his/her capacity as an officer of the Borrower as of                     ,      .

	 	 	 	 	 
	 

	 	INTEGRA LIFESCIENCES HOLDINGS
CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Responsible Officer	 	 

Form of Compliance Certificate

 

D-6

 

For the Quarter/Year ended                     (“Statement Date”)

SCHEDULE 1

to the Compliance Certificate

Financial Certificates

Form of Compliance Certificate

 

D-7

 

For the Quarter/Year ended                     (“Statement Date”)

SCHEDULE 2

to the Compliance Certificate

($ in 000’s)

I. Maximum Consolidated Total Leverage Ratio (Section 7.17(a))

	 	 	 	 	 
	A. Consolidated Funded Indebtedness of the Borrower
and its Consolidated Subsidiaries at Statement Date:
	 	 	 	 
	 
	 	 	 	 
	(1) Consolidated Funded Indebtedness of the Borrower
and its Consolidated Subsidiaries at Statement Date:
	 	$	                    	 
	 
	 	 	 	 
	(2) Unrestricted cash as set forth on the most recent balance
sheet in excess of $40,000,000:
	 	$	                    	 
	 
	 	 	 	 
	(3) Consolidated Funded Indebtedness of the Borrower and
its Consolidated Subsidiaries (Line I.A.1 - Line I.A.2):
	 	$	                    	 
	 
	 	 	 	 
	B. Consolidated EBITDA for four consecutive fiscal quarters
most recently ended (the “Subject Period”):
	 	 	 	 
	 
	 	 	 	 
	(1) Consolidated EBITDA of the Borrower and its
Consolidated Subsidiaries for the Subject Period:
	 	 	 	 
	 
	 	 	 	 
	i. Consolidated Net Income for Subject Period:
	 	$	                    	 
	ii. Consolidated Interest Charges for Subject
Period, to the extent deducted in calculating
Consolidated Net Income in item (i):
	 	$	                    	 
	iii. Provision for federal, state, local and foreign income
taxes for Subject Period, to the extent deducted in
calculating Consolidated Net Income in item (i):
	 	$	                    	 
	iv. Depreciation expenses deducted in determining such
Consolidated Net Income for Subject Period, to the
extent deducted in calculating Consolidated Net Income
in item (i):
	 	$	                    	 
	v. Amortization expenses deducted in determining such
Consolidated Net Income for Subject Period, to the
extent deducted in calculating Consolidated Net Income
in item (i):
	 	$	                    	 
	vi. Other expenses and all equity compensation
charges reducing Consolidated Net Income which do not
represent a cash item for Subject Period or any future
period, to the extent deducted in calculating Consolidated
Net Income in item (i):
	 	$	                    	 

Form of Compliance Certificate

 

D-8

 

	 	 	 	 	 
	vii. Permitted Cost Savings for Subject Period:
	 	$	                    	 
	viii. Federal, state, local and foreign income tax credits
of
the Borrower and its Consolidated Subsidiaries for
Subject Period, to the extent included in calculating
Consolidated Net Income in item (i):
	 	$	                    	 
	ix. All non-cash items increasing Consolidated Net
Income for Subject Period:
	 	$	                    	 
	x. Consolidated EBITDA (Line I.B.1.i + Line
I.B.1.ii + Line I.B.1.iii + Line I.B.1.iv +
Line I.B.v + Line I.B.1.vi + Line I.B.1.vii -
Line I.B.1.viii - Line I.B.ix):
	 	$	                    	 
	 
	 	 	 	 
	C. Consolidated Total Leverage Ratio for the Subject Period
(Line I.A.3 ÷ Line I.B.1.x)
	 	 	             to 1.00	 
	 
	 	 	 	 
	Maximum permitted:
	 	 	 	 

	 	 	 
	 	 	Maximum Consolidated Total Leverage
	Date of Determination	 	Ratio
	Closing Date through March 31, 2012

	 	3.75 to 1.00
	June 30, 2012 and thereafter
	 	3.50 to 1.00

II. Minimum Consolidated Fixed Charge Coverage Ratio (Section 7.17(c))

	 	 	 	 	 
	A. Consolidated EBITDAR of the Borrower and its
Consolidated Subsidiaries:
	 	 	 	 
	 
	 	 	 	 
	(1) Consolidated EBITDA of the Borrower and its
Consolidated Subsidiaries for the Subject Period
(Line I.B.1.x):
	 	$	                    	 
	 
	 	 	 	 
	(2) Rental Expense for the Borrower and its Consolidated
Subsidiaries, to the extent deducted in calculating
Consolidated Net Income in Line I.B.1.i.:
	 	$	                    	 
	 
	 	 	 	 
	(3) Consolidated EBITDAR (Line II.A.1.+Line II.A.2.):
	 	$	                    	 
	 
	 	 	 	 
	B. Consolidated Capital Expenditures in excess of $40,000,000 for
the Subject Period:
	 	$	                    	 

Form of Compliance Certificate

 

D-9

 

	 	 	 	 	 
	C. Consolidated Fixed Charges of the Borrower and its Consolidated
Subsidiaries for the Subject Period:
	 	 	 	 
	 
	 	 	 	 
	(1) Consolidated Cash Interest Charges for Subject
Period:
	 	$	                    	 
	 
	 	 	 	 
	(2) Consolidated Scheduled Debt Payments for
Subject Period:
	 	$	                    	 
	 
	 	 	 	 
	(3) Consolidated Cash Taxes for Subject Period:
	 	$	                    	 
	 
	 	 	 	 
	(4) Rental Expense for Subject Period:
	 	$	                    	 
	 
	 	 	 	 
	(5) Consolidated Fixed Charges (Line II.C.1. +
Line II.C.2 + Line II.C.3 + Line II.C.4):
	 	$	                    	 
	 
	 	 	 	 
	C. Consolidated Fixed Charge Coverage Ratio ((Line II.A.3 -
Line II.B) ÷ Line II.B.5):
	 	 	                   to 1.00	 
	 
	 	 	 	 
	Minimum permitted:
	 	 	2.00 to 1.00	 

III. Consolidated Capital Expenditures (Section 7.18)

	 	 	 	 	 
	A. Consolidated Capital Expenditures made during fiscal year to date:
	 	$	                    	 
	 
	 	 	 	 
	B. Consolidated Capital Expenditures that could have been made
during prior fiscal year but which were not made:
	 	$	                    	 
	 
	 	 	 	 
	C. 10.0% of the revenues of the Borrower and its consolidated
Subsidiaries during the immediately preceding fiscal year (based
upon the audited financial statements):
	 	$	                    	 
	 
	 	 	 	 
	D. Maximum permitted Consolidated Capital Expenditures
(Line III.C + Line III.B):
	 	$	                    	 
	 
	 	 	 	 
	E. Excess (deficient) for covenant compliance (Line III.D -
Line III.A):
	 	$	                    	 

Form of Compliance Certificate

 

D-10

 

SCHEDULE 3

to the Compliance Certificate

Supplements to Schedules 5.08, 5.23 and 5.25

Form of Compliance Certificate

 

D-11

 

EXHIBIT E

FORM OF 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]1 Assignor
identified in item 1 below ([the][each, an] “Assignor”) and [the][each]2
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]3 hereunder are
several and not joint.]4 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 facilities5) 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

 

	 	 	 
	1	 	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.

	 
	2	 	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.

	 
	3	 	Select as appropriate.

	 
	4	 	Include bracketed language if there are either multiple
Assignors or multiple Assignees.

	 
	5	 	Include all applicable subfacilities.

Form of Assignment and Assumption

 

E-1

 

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 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: Integra LifeSciences Holdings Corporation, a Delaware corporation

	4.	 	Administrative Agent: Bank of America, N.A., as the administrative agent under the
Credit Agreement

	 	 	 	 	 
	5.

	 	Credit Agreement:
	 	The Amended and Restated Credit Agreement, dated as of August 10,
2010, among Integra LifeSciences Holdings Corporation (the “Borrower”), the Lenders
from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line
Lender and L/C Issuer.

	6.	 	Assigned Interest[s]:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Aggregate	 	 	 	Percentage	 	 
	 	 	 	 	 	 	Amount of	 	Amount of	 	Assigned of	 	 
	 	 	 	 	Facility	 	Commitment/Loans	 	Commitment/Loans	 	Commitment/	 	CUSIP
	Assignor[s]6	 	Assignee[s]7	 	Assigned8	 	for all Lenders9	 	Assigned	 	Loans10	 	Number
	 

	 	 	 	                    
	 	$                              
	 	$                              
	 	                       	%	 
	 

	 	 	 	                    
	 	$                              
	 	$                              
	 	                       	%	 
	 

	 	 	 	                    
	 	$                              
	 	$                              
	 	                       	%	 

	[7.	 	Trade Date:                     ]11

 

	 	 	 
	6	 	List each Assignor, as appropriate.

	 
	7	 	List each Assignee, as appropriate.

	 
	8	 	Fill in the appropriate terminology for the types of
facilities under the Credit Agreement that are being assigned under this
Assignment (e.g. “Revolving Credit Commitment”, “Term Commitment”, etc.).

	 
	9	 	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.

	 
	10	 	Set forth, to at least 9 decimals, as a percentage of
the Commitment/Loans of all Lenders thereunder.

Form of Assignment and Assumption

 

E-2

 

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:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	ASSIGNEE

[NAME OF ASSIGNEE]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 

 

	 	 	 
	11	 	To be completed if the Assignor and the Assignee
intend that the minimum assignment amount is to be determined as of the Trade
Date.

Form of Assignment and Assumption

 

E-3

 

	 	 	 	 	 
	[Consented to and]12 Accepted:	 	 
	 
	 	 	 	 
	BANK OF AMERICA, N.A., as

Administrative Agent, L/C Issuer and Swing Line Lender	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 
	 
	 	 	 	 
	[Consented to:]13	 	 
	 
	 	 	 	 
	[BORROWER]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

 

	 	 	 
	12	 	To be added only if the consent of the Administrative
Agent is required by the terms of the Credit Agreement.

	 
	13	 	To be added to the extent the consent of the Borrower
and/or other parties (e.g. L/C Issuer and Swing Line Lender) is required by the
terms of the Credit Agreement.

Form of Assignment and Assumption

 

E-4

 

ANNEX 1 TO ASSIGNMENT AND ASSUMPTION

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 Borrower, 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 Borrower, 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) and (v) 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 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.

Form of Assignment and Assumption

 

E-5

 

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 New York.

Form of Assignment and Assumption

 

E-6

 

EXHIBIT F

FORM OF SUBSIDIARY GUARANTY AGREEMENT

See attached

Form of Subsidiary Guaranty Agreement

 

F-1

 

AMENDED AND RESTATED

SUBSIDIARY GUARANTY AGREEMENT

This AMENDED AND RESTATED SUBSIDIARY GUARANTY AGREEMENT, dated as of August 10, 2010 as
amended, restated, amended and restated, supplemented or otherwise modified from time to time, this
“Agreement”), is made by each of the Persons (such capitalized term and all other
capitalized terms not otherwise defined herein to have the meanings provided for in Article
I) listed on the signature pages hereof (such Persons, together with the Additional Guarantors
(as defined in Section 5.6) are collectively referred to as the “Guarantors” and
individually as a “Guarantor”), in favor of BANK OF AMERICA, N.A., as administrative and
collateral agent (in such capacity, the “Administrative Agent”) for each of the Secured
Parties.

W I T N E S S E T H:

WHEREAS, the Guarantors have entered into that certain Subsidiary Guaranty Agreement dated as
of December 22, 2005 (as amended, supplemented or modified from time to time prior to the date
hereof, the “Existing Guaranty Agreement”), pursuant to which the Guarantors have
guaranteed the payment and performance of the obligations of Integra LifeSciences Holdings
Corporation, a Delaware corporation (the “Borrower”) under that certain Credit Agreement
(the “Existing Credit Agreement”) dated as of December 22, 2005, among the Borrower, the
lenders from time to time party thereto and the Administrative Agent (the “Existing
Guaranty”); and

WHEREAS, the Borrower has requested that the Existing Credit Agreement be amended by that
certain Amended and Restated Credit Agreement, dated as of the date hereof (as amended, restated,
amended and restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”), among the Borrower, the various financial institutions as are, or may from time to
time become, parties thereto and the Administrative Agent; and

WHEREAS, each of the Guarantors is a Subsidiary of the Borrower and will receive substantial
direct and indirect benefits from the Credit Agreement and the Credit Extensions and other
financial accommodations to be made or issued thereunder;

 

 

 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and in order to induce the Lenders to continue to make Credit Extensions
(including the initial Credit Extension) to the Borrower pursuant to the Credit Agreement, each
Guarantor agrees, for the benefit of each Secured Party, as follows:

ARTICLE I

DEFINITIONS

1.1 Definitions. The following terms (whether or not underscored) when used in this
Agreement, including its preamble and recitals, shall have the following meanings (such definitions
to be equally applicable to the singular and plural forms thereof):

“Additional Guarantors” is defined in Section 5.6(b).

“Administrative Agent” is defined in the preamble.

“Agreement” is defined in the preamble.

“Borrower” is defined in the first recital.

“Credit Agreement” is defined in the first recital.

“Excluded Subsidiary Guarantors” means those Subsidiary Guarantors (as defined in the
Existing Guaranty Agreement) that are party to the Existing Guaranty Agreement and that are
classified as Excluded Subsidiaries in the Credit Agreement as of the Closing Date.

“Existing Credit Agreement” is defined in the first recital.

“Existing Guaranty” is defined in the first recital.

“Existing Guaranty Agreement” is defined in the first recital.

“Guaranteed Obligations” is defined in Section 2.1.

“Guarantor” and “Guarantors” are defined in the preamble.

“Indemnitee” is defined in Section 5.4(a).

“Loan Documents” is defined in the Credit Agreement.

“Obligations” is defined in the Credit Agreement.

“Other Taxes” is defined in the Credit Agreement.

“Post Petition Interest” is defined in Section 2.4(b)(ii).

“Subordinated Obligations” is defined in Section 2.4(b).

“Taxes” is defined in the Credit Agreement.

“Termination Date” means the date on which the latest of the following events occurs:

(a) the payment in full in cash of the Guaranteed Obligations and all other amounts payable
under this Agreement (other than contingent indemnification obligations);

(b) the termination or expiration of the Availability Period; and

(c) the termination or expiration of all Letters of Credit and all Secured Swap Contracts.

 

-2-

 

1.2 Credit Agreement Definitions. Unless otherwise defined herein or the context otherwise
requires, terms used in this Agreement, including its preamble and recitals, have the meanings
provided in the Credit Agreement.

1.3 Other Interpretive Provisions. The rules of construction in Sections 1.02 to 1.06 of the
Credit Agreement shall be equally applicable to this Agreement.

ARTICLE II

GUARANTY

2.1 Guaranty; Limitation of Liability. (a) Each Guarantor hereby absolutely, unconditionally
and irrevocably guarantees the punctual payment when due, whether at scheduled maturity or on any
date of a required prepayment or by acceleration, demand or otherwise, of all Obligations of each
other Loan Party now or hereafter existing under or in respect of the Loan Documents (including,
without limitation, any extensions, modifications, substitutions, amendments or renewals of any or
all of the foregoing Obligations), whether direct or indirect, absolute or contingent, and whether
for principal, interest, premiums, fees, indemnities, contract causes of action, costs, expenses or
otherwise (such Obligations being the “Guaranteed Obligations”), and agrees to pay any and
all expenses (including, without limitation, all reasonable fees, charges and disbursements of
counsel) incurred by the Administrative Agent or any other Secured Party in enforcing any rights
under this Agreement or any other Loan Document. Without limiting the generality of the foregoing,
each Guarantor’s liability shall extend to all amounts that constitute part of the Guaranteed
Obligations and would be owed by any other Loan Party to any Secured Party under or in respect of
the Loan Documents but for the fact that they are unenforceable or not allowable due to the
existence of a bankruptcy, reorganization or similar proceeding involving such other Loan Party.

(b) Each Guarantor, and by its acceptance of this Agreement, the Administrative Agent and each
other Secured Party, hereby confirms that it is the intention of all such Persons that this
Agreement and the Obligations of each Guarantor hereunder not constitute a fraudulent transfer or
conveyance for purposes of Debtor Relief Laws, the Uniform Fraudulent Conveyance Act, the Uniform
Fraudulent Transfer Act or any similar Law to the extent applicable to this Agreement and the
Obligations of each Guarantor hereunder. To effectuate the foregoing intention, the Administrative
Agent, the other Secured Parties and the Guarantors hereby irrevocably agree that the Obligations
of each Guarantor under this Agreement at any time shall be limited to the maximum amount as will
result in the Obligations of such Guarantor under this Agreement not constituting a fraudulent
transfer or conveyance.

(c) Each Guarantor hereby unconditionally and irrevocably agrees that in the event any payment
shall be required to be made to any Secured Party under this Agreement or any other guaranty, such
Guarantor will contribute, to the maximum extent permitted by Law, such amounts to each other
Guarantor and each other guarantor so as to maximize the aggregate amount paid to the Secured
Parties under or in respect of the Loan Documents.

 

-3-

 

2.2 Guaranty Absolute. Each Guarantor guarantees that the Guaranteed Obligations will be paid
strictly in accordance with the terms of the Loan Documents, regardless of any Law now or hereafter
in effect in any jurisdiction affecting any of such terms or the rights of any Secured Party with
respect thereto. The Obligations of each Guarantor under or in respect of this Agreement are
independent of the Guaranteed Obligations or any other Obligations of any other Loan Party under or
in respect of the Loan Documents, and a separate action or actions may be brought and prosecuted
against each Guarantor to enforce this Agreement, irrespective of whether any action is brought
against the Borrower or any other Loan Party or whether the Borrower or any other Loan Party is
joined in any such action or actions. This Agreement is an absolute and unconditional guaranty of
payment when due, and not of collection, by each Guarantor jointly and severally with any other
Guarantor of the Guaranteed Obligations. The liability of each Guarantor under this Agreement
shall be irrevocable, absolute and unconditional irrespective of, and each Guarantor hereby
irrevocably waives any defenses it may now have or hereafter acquire in any way relating to, any or
all of the following:

(a) any lack of validity or enforceability of any Loan Document or any agreement or instrument
relating thereto;

(b) any change in the time, manner or place of payment of, or in any other term of, all or any
of the Guaranteed Obligations or any other Obligations of any other Loan Party under or in respect
of the Loan Documents, or any other amendment or waiver of or any consent to departure from any
Loan Document, including, without limitation, any increase in the Guaranteed Obligations resulting
from the extension of additional credit to any Loan Party or any of its Subsidiaries or otherwise;

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

(d) any manner of application of Collateral or any other collateral, or proceeds thereof, to
all or any of the Guaranteed Obligations, or any manner of sale or other disposition of any
Collateral or any other collateral for all or any of the Guaranteed Obligations or any other
Obligations of any Loan Party under the Loan Documents or any other assets of any Loan Party or any
of its Subsidiaries;

(e) any change, restructuring or termination of the corporate structure or existence of any
Loan Party or any of its Subsidiaries or any insolvency, bankruptcy, reorganization or other
similar proceeding affecting the Borrower or any other Loan Party or its assets or any resulting
release or discharge of any Guaranteed Obligation;

(f) the existence of any claim, setoff or other right which any Guarantor may have at any time
against any Loan Party, the Administrative Agent, any Lender or any other Person, whether in
connection herewith or any unrelated transaction;

(g) any invalidity or unenforceability relating to or against the Borrower or any other Loan
Party for any reason of the whole or any provision of any Loan Document, or any
provision of applicable Law purporting to prohibit the payment or performance by the Borrower
of the Guaranteed Obligations;

 

-4-

 

(h) any failure of any Secured Party to disclose to any Loan Party any information relating to
the business, condition (financial or otherwise), operations, performance, properties or prospects
of any other Loan Party now or hereafter known to such Secured Party (each Guarantor waiving any
duty on the part of the Secured Parties to disclose such information);

(i) the failure of any other Person to execute or deliver this Agreement or any other guaranty
or agreement or the release or reduction of liability of any Guarantor or other guarantor or surety
with respect to the Guaranteed Obligations; or

(j) any other circumstance (including, without limitation, any statute of limitations) or any
existence of or reliance on any representation by any Secured Party that might otherwise constitute
a defense available to, or a discharge of, any Loan Party or any other guarantor or surety.

This Agreement shall continue to be effective or be reinstated, as the case may be, if at any
time any payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by
any Secured Party or any other Person upon the insolvency, bankruptcy or reorganization of the
Borrower or any other Loan Party or otherwise, all as though such payment had not been made.

2.3 Waivers and Acknowledgments.

(a) Each Guarantor hereby unconditionally and irrevocably waives promptness, diligence, notice
of acceptance, presentment, demand for performance, notice of nonperformance, default,
acceleration, protest or dishonor and any other notice with respect to any of the Guaranteed
Obligations and this Agreement and any requirement that any Secured Party protect, secure, perfect
or insure any Lien or any property subject thereto or exhaust any right or take any action against
any Loan Party or any other Person or any Collateral.

(b) Each Guarantor hereby unconditionally and irrevocably waives any right to revoke this
Agreement and acknowledges that this Agreement is continuing in nature and applies to all
Guaranteed Obligations, whether existing now or in the future.

(c) Each Guarantor hereby unconditionally and irrevocably waives (i) any defense arising by
reason of any claim or defense based upon an election of remedies by any Secured Party that in any
manner impairs, reduces, releases or otherwise adversely affects the subrogation, reimbursement,
exoneration, contribution or indemnification rights of such Guarantor or other rights of such
Guarantor to proceed against any of the other Loan Parties, any other guarantor or any other Person
or any Collateral and (ii) any defense based on any right of setoff or counterclaim against or in
respect of the Obligations of such Guarantor hereunder.

(d) Each Guarantor acknowledges that the Administrative Agent may, without notice to or demand
upon such Guarantor and without affecting the liability of such Guarantor under this Agreement,
foreclose under any mortgage by nonjudicial sale, and each Guarantor
hereby waives any defense to the recovery by the Administrative Agent and the other Secured
Parties against such Guarantor of any deficiency after such nonjudicial sale and any defense or
benefits that may be afforded by applicable Law.

 

-5-

 

(e) Each Guarantor hereby unconditionally and irrevocably waives any duty on the part of any
Secured Party to disclose to such Guarantor any matter, fact or thing relating to the business,
condition (financial or otherwise), operations, performance, properties or prospects of any other
Loan Party or any of its Subsidiaries now or hereafter known by such Secured Party.

(f) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits
from the financing arrangements contemplated by the Loan Documents and that the waivers set forth
in Section 2.2 and this Section 2.3 are knowingly made in contemplation of such
benefits.

2.4 Subordination. (a) Each Guarantor hereby unconditionally and irrevocably agrees not to
exercise any rights that it may now have or hereafter acquire against the Borrower, any other
Guarantor or any other insider guarantor that arise from the existence, payment, performance or
enforcement of such Guarantor’s Obligations under or in respect of this Agreement or any other Loan
Document, including, without limitation, any right of subrogation, reimbursement, exoneration,
contribution (pursuant to Section 2.1(c) or otherwise) or indemnification and any right to
participate in any claim or remedy of any Secured Party against the Borrower, any other Guarantor
or any other insider guarantor or any Collateral, whether or not such claim, remedy or right arises
in equity or under contract, statute or common law, including, without limitation, the right to
take or receive from the Borrower, any other Guarantor or any other insider guarantor, directly or
indirectly, in cash or other property or by setoff or in any other manner, payment or security on
account of such claim, remedy or right, unless and until the Termination Date has occurred.

(b) Each Guarantor hereby agrees that any and all debts, liabilities and other obligations
owed to such Guarantor by each other Loan Party, including pursuant to Section 2.1(c)
(collectively, the “Subordinated Obligations”), are hereby subordinated to the prior
payment in full in cash of the Obligations of such other Loan Party under the Loan Documents to the
extent and in the manner hereinafter set forth in this Section 2.4(b):

(i) Except during the continuance of an Event of Default (including the commencement
and continuation of any proceeding under any Debtor Relief Law relating to any other Loan
Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on
account of the Subordinated Obligations. After the occurrence and during the continuance of
any Event of Default (including the commencement and continuation of any proceeding under
any Debtor Relief Law relating to any other Loan Party), however, unless the Administrative
Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any
payment on account of the Subordinated Obligations.

 

-6-

 

(ii) In any proceeding under any Debtor Relief Law relating to any other Loan Party,
each Guarantor agrees that the Secured Parties shall be entitled to
receive payment in full in cash of all Obligations (including all interest and expenses
accruing after the commencement of a proceeding under any Debtor Relief Law, whether or not
constituting an allowed claim in such proceeding (“Post Petition Interest”)) of each
other Loan Party before such Guarantor receives payment of any Subordinated Obligations of
such other Loan Party.

(iii) After the occurrence and during the continuance of any Event of Default
(including the commencement and continuation of any proceeding under any Debtor Relief Law
relating to any other Loan Party), each Guarantor shall, if the Administrative Agent so
requests, collect, enforce and receive payments on account of any Subordinated Obligations
due to such Guarantor from any other Loan Party as trustee for the Secured Parties and
deliver such payments to the Administrative Agent for application to the Guaranteed
Obligations (including all Post Petition Interest), together with any necessary endorsements
or other instruments of transfer, but without reducing or affecting in any manner the
liability of such Guarantor under the other provisions of this Agreement.

(iv) After the occurrence and during the continuance of any Event of Default (including
the commencement and continuation of any proceeding under any Debtor Relief Law relating to
any other Loan Party), the Administrative Agent is authorized and empowered (but without any
obligation to so do), in its discretion, (A) in the name of any Guarantor, to collect and
enforce, and to submit claims in respect of, Subordinated Obligations due to such Guarantor
and to apply any amounts received thereon to the Guaranteed Obligations (including any and
all Post Petition Interest), and (B) to require any Guarantor (1) to collect and enforce,
and to submit claims in respect of, Subordinated Obligations due to such Guarantor and (2)
to pay any amounts received on such obligations to the Administrative Agent for application
to the Guaranteed Obligations (including any and all Post Petition Interest).

(v) In the event of any conflict between the provisions of this Section 2.4(b)
and the provisions of Annex A of any Pledged Note (as defined in the Pledge Agreement), the
provisions of such Annex A shall govern.

(c) If any amount shall be paid to any Guarantor in violation of this Section 2.4 at
any time prior to the Termination Date, such amount shall be received and held in trust for the
benefit of the Secured Parties, shall be segregated from other property and funds of such Guarantor
and shall forthwith be paid or delivered to the Administrative Agent in the same form as so
received (with any necessary endorsement or assignment) to be credited and applied to the
Guaranteed Obligations and all other amounts payable under this Agreement, whether matured or
unmatured, in accordance with the terms of the Loan Documents, or to be held as Collateral for any
Guaranteed Obligations or other amounts payable under this Agreement thereafter arising.

(d) If the Termination Date shall have occurred, the Administrative Agent will, at any
Guarantor’s request and expense, execute and deliver to such Guarantor appropriate documents,
without recourse and without representation or warranty, necessary to evidence the
transfer by subrogation to such Guarantor of an interest in the Guaranteed Obligations
resulting from such payment made by such Guarantor pursuant to this Agreement.

 

-7-

 

2.5 Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Guarantor
under or in respect of this Agreement or any other Loan Document shall be made, in accordance with
Section 3.01 of the Credit Agreement, free and clear of and without reduction or withholding for
any Indemnified Taxes or Other Taxes; provided that if any Guarantor shall be required by any Laws
to deduct any Taxes (including 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 2.5), each of the Administrative
Agent, 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 Guarantor shall make such deductions, and
(iii) such Guarantor shall timely pay the full amount deducted to the relevant Governmental
Authority in accordance with Law.

(b) Without limiting the provisions of subsection (a) above, each Guarantor shall timely pay
any Other Taxes that arise from any payment made by or on behalf of such Guarantor under or in
respect of this Agreement or any other Loan Document or from the execution, delivery, performance,
enforcement or registration of, or otherwise with respect to, this Agreement and the other Loan
Documents to the relevant Governmental Authority in accordance with Law.

(c) Each Guarantor shall indemnify the Administrative Agent, each Lender and the L/C Issuer,
within (ten) 10 days after demand therefor, for the full amount of Indemnified Taxes or Other Taxes
(including any Indemnified Taxes or Other Taxes imposed or asserted or attributable to amounts
payable under this Section 2.5) paid by the Administrative Agent, such Lender or 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 certifying the
amount of such payment or liability delivered to a Guarantor 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) As soon as practicable after any payment of Indemnified Taxes or Other Taxes by any
Guarantor to a Governmental Authority, such Guarantor 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.

ARTICLE III

REPRESENTATIONS AND WARRANTIES

Each Guarantor hereby makes each representation and warranty made in the Loan Documents by the
Borrower with respect to such Guarantor and each Guarantor hereby further represents and warrants
as follows:

3.1 No Conditions Precedent. There are no conditions precedent to the effectiveness of this
Agreement that have not been satisfied or waived.

 

-8-

 

3.2 Independent Credit Analysis. Such Guarantor has, independently and without reliance upon
any Secured Party and based on such documents and information as it has deemed appropriate, made
its own credit analysis and decision to enter into this Agreement and each other Loan Document to
which it is or is to be a party, and such Guarantor has established adequate means of obtaining
from each other Loan Party on a continuing basis information pertaining to, and is now and on a
continuing basis will be completely familiar with, the business, condition (financial or
otherwise), operations, performance, properties and prospects of such other Loan Party.

ARTICLE IV

COVENANTS

4.1 Performance of Loan Documents. Each Guarantor covenants and agrees that until the
Termination Date, such Guarantor will perform and observe, and cause each of its Subsidiaries to
perform and observe, all of the terms, covenants and agreements set forth in the Loan Documents on
its or their part to be performed or observed or that the Borrower has agreed to cause such
Guarantor or such Subsidiaries to perform or observe.

ARTICLE V

MISCELLANEOUS PROVISIONS

5.1 Loan Document. This Agreement is a Loan Document executed pursuant to the Credit
Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and
applied in accordance with the terms and provisions thereof.

5.2 No Waiver; Remedies. No failure on the part of any Secured Party to exercise, and no
delay in exercising, any right hereunder shall operate as a waiver thereof; nor shall any single or
partial exercise of any right hereunder preclude any other or further exercise thereof or the
exercise of any other right. The remedies herein provided are cumulative and not exclusive of any
remedies provided by the Law.

5.3 Right of Setoff. If an Event of Default shall have occurred and be continuing, each
Secured Party and each of their respective Affiliates is hereby authorized at any time and from
time to time, to the fullest extent permitted by applicable Law, to setoff and apply any and all
deposits (general or special, time or demand, provisional or final) at any time held and other
obligations (in whatever currency) at any time owing by, such Secured Party or any such Affiliate
to or for the credit or the account of any Guarantor against any and all of the Obligations of such
Guarantor now or hereafter existing under this Agreement or any other Loan Documents to such
Secured Party, irrespective of whether or not such Secured Party shall have made any demand under
this Agreement or any other Loan Document and although such Obligations of such Guarantor may be
contingent or unmatured or are owed to a branch or office of such Secured Party different from the
branch or office holding such deposit or obligated on such indebtedness. The rights of each
Secured Party and their respective Affiliates under this Section are in addition to other rights
and remedies (including other rights of setoff) that such
Secured Party or their respective Affiliates may have. Each Secured Party agrees to notify
such Guarantor 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.

 

-9-

 

5.4 Indemnification. (a) Without limitation on any other Obligations of any Guarantor or
remedies of the Secured Parties under this Agreement, each Guarantor shall indemnify the
Administrative Agent (and any sub-agent thereof), each other Secured Party, 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, damages, liabilities and
related expenses (including the reasonable fees, charges and disbursements of any counsel for any
Indemnitee; provided, that, as long as no Default exists, the Guarantors shall
engage and pay for defense counsel that is reasonably acceptable to the Administrative Agent in
connection with claims brought by third parties and the other Secured Parties may engage separate
counsel under such circumstances at their own expense (it being understood that upon the occurrence
of an Event of Default, all counsel shall be at the cost and expense of Guarantors), incurred by
any Indemnitee or asserted against any Indemnitee by any third party or by the Borrower or any
other Loan Party arising out of, in connection with, or as a result of any failure of any
Guaranteed Obligations to be the legal, valid and binding obligations of any Loan Party enforceable
against such Loan Party in accordance with their terms; provided that such indemnity shall
not, as to any Indemnitee, be available to the extent that such losses, claims, damages,
liabilities or related expenses (x) are determined by a court of competent jurisdiction by final
and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such
Indemnitee or (y) result from a claim brought by the Loan Party against an Indemnitee for breach in
bad faith of such Indemnitee’s obligations hereunder or under any other Loan Document, if such
other Loan Party has obtained a final and nonappealable judgment in its favor on such claim as
determined by a court of competent jurisdiction.

(b) Each Guarantor hereby also agrees that none of the Indemnitees shall have any liability
(whether direct or indirect, in contract, tort or otherwise) to any of the Guarantors or any of
their respective Affiliates, directors, officers, employees, counsel, agents and attorneys-in-fact,
and each Guarantor hereby agrees not to assert any claim against any Indemnitee on any theory of
liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual
damages) arising out of or otherwise relating to the Loans, the actual or proposed use of the
proceeds of the Credit Extensions, the Loan Documents or any of the transactions contemplated by
the Loan Documents.

(c) All amounts due under this Section 5.4 shall be payable not later than ten
Business Days after demand therefor.

(d) Without prejudice to the survival of any of the other agreements of any Guarantor under
this Agreement or any of the other Loan Documents, the agreements and obligations of each Guarantor
contained in Section 2.1(a) (with respect to enforcement expenses), the last sentence of
Section 2.2, Section 2.5 and this Section 5.4 shall survive the payment in
full of the Guaranteed Obligations and all of the other amounts payable under this Agreement.

 

-10-

 

5.5 Continuing Guaranty. This Agreement is a continuing agreement and shall: (a) remain in
full force and effect until the Termination Date, (b) be binding upon each Guarantor, its
successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties
and their successors, transferees and assigns.

5.6 Amendments, etc.; Additional Guarantors; Successors and Assigns. (a) No amendment to or
waiver of any provision of this Agreement nor consent to any departure by any Guarantor herefrom,
shall in any event be effective unless the same shall be in writing and signed by the
Administrative Agent and, with respect to any such amendment, by the Guarantors, and then such
waiver or consent shall be effective only in the specific instance and for the specific purpose for
which given.

(b) Upon the execution and delivery by any Person of a Joinder Agreement in substantially the
form of Exhibit G to the Credit Agreement, such Person shall be referred to as an “Additional
Guarantor” and shall be and become a Guarantor, and each reference in this Agreement to
“Guarantor” shall also mean and be a reference to such Additional Guarantor.

(c) This Agreement shall be binding upon each Guarantor and its successors, transferees and
assigns and shall inure to the benefit of the Administrative Agent and each other Secured Party and
their respective successors, transferees and assigns; provided, however, that no Guarantor may
assign its obligations hereunder without the prior written consent of the Administrative Agent.

5.7 Addresses for Notices. All notices and other communications provided for hereunder shall
be in writing and mailed, delivered or transmitted by telecopier to each party hereto at the
address set forth in Section 10.02 of the Credit Agreement (with any notice to a Guarantor being
delivered to such Guarantor in care of the Borrower). All such notices and other communications
shall be deemed to be given or made at the times provided in Section 10.02 of the Credit Agreement.

5.8 Section Captions. Section captions used in this Agreement are for convenience of
reference only, and shall not affect the construction of this Agreement.

5.9 Severability. If any provision of this Agreement is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this
Agreement 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.

5.10 Counterparts. 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.

 

-11-

 

5.11 Governing Law, Etc. (a) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK.

(b) EACH GUARANTOR 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 OR ANY
OTHER SECURED PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT
OR ANY OTHER LOAN DOCUMENT AGAINST ANY GUARANTOR OR ITS PROPERTIES IN THE COURTS OF ANY
JURISDICTION.

(c) EACH GUARANTOR 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) EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR
NOTICES IN SECTION 5.7. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY
HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

 

-12-

 

5.12 Right to Trial by Jury. 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.

5.13 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 OR BY PRIOR OR CONTEMPORANEONS WRITTEN AGREEMENTS. THERE
ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

5.14 Release of Guarantor. Upon any Disposition of all of the outstanding Equity Interests of
any Guarantor (whether direct or indirect) permitted by Section 7.05 of the Credit Agreement, the
Administrative Agent will, pursuant to Section 9.10 of the Credit Agreement, at the Borrower’s
expense and without any representations, warranties or recourse of any kind whatsoever, execute and
deliver to the Borrower such documents as the Borrower shall reasonably request to evidence the
release of such Guarantor from its obligations hereunder.

5.15 Amendment and Restatement.

(a) The Guarantors and the Administrative Agent on behalf of the Secured Parties hereby agree
that upon the effectiveness of this Agreement, the terms and provisions of the Existing Guaranty
Agreement which in any manner govern or evidence the obligations arising hereunder, the rights and
interests of the Secured Parties and any terms, conditions or matters related to any thereof, shall
be and hereby are amended and restated in their entirety by the terms, conditions and provisions of
this Agreement, and the terms and provisions of the Existing Guaranty Agreement, except as
otherwise expressly provided herein, shall be superseded by this Agreement.

 

-13-

 

(b) Notwithstanding this amendment and restatement of the Existing Guaranty Agreement,
including anything in this Section 5.15 except as set forth in Section 5.15(c)
below, (i) all of the indebtedness, liabilities and obligations owing by the Guarantors under the
Existing Guaranty Agreement shall continue as obligations hereunder and thereunder and shall be and
remain secured by this Agreement, (ii) the Existing Guaranty shall continue hereunder, and (iii)
this Agreement is given as a substitution of, and not as a payment of the indebtedness, liabilities
and obligations of the Guarantors under the Existing Guaranty Agreement and neither the execution
and delivery of this Agreement nor the consummation of any other transaction contemplated hereunder
is intended to constitute a novation of the Existing Guaranty Agreement or the Existing Guaranty
created thereunder.

(c) Effective as of the Closing Date, the Administrative Agent, on behalf of the Secured
Parties, hereby unconditionally releases the Excluded Subsidiary Guarantors from the Existing
Guaranty.

[Signature Pages Follow]

 

-14-

 

IN WITNESS WHEREOF, each Guarantor has caused this Agreement to be duly executed and delivered
by its officer thereunto duly authorized as of the date first above written.

	 	 	 	 	 	 	 	 	 
	 	 	INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation	 	 
	 	 	INTEGRA LIFESCIENCES CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Executive Vice President, Finance and	 	 
	 

	 	 	 	 	 	Administration & Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	ENDOSOLUTIONS, INC., a Delaware corporation	 	 
	 	 	INTEGRA LUXTEC, INC., a Massachusetts corporation	 	 
	 	 	INTEGRA NEUROSCIENCES (INTERNATIONAL), INC., a Delaware corporation	 	 
	 	 	INTEGRA RADIONICS, INC., a Delaware corporation	 	 
	 	 	ISOTIS ORTHOBIOLOGICS, INC., a Washington corporation	 	 
	 	 	J. JAMNER SURGICAL INSTRUMENTS, INC., a Delaware corporation	 	 
	 	 	MILTEX, INC., a Delaware corporation	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	MINNESOTA SCIENTIFIC, INC., a Minnesota corporation	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Vice President and Chief Financial Officer	 	 

SUBSIDIARY GUARANTY AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	THEKEN SPINE, LLC, an Ohio limited liability company	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	INTEGRA LIFESCIENCES CORPORATION, its sole member	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Executive Vice President, Finance and	 	 
	 

	 	 	 	 	 	Administration & Chief Financial Officer	 	 

SUBSIDIARY GUARANTY AGREEMENT

Signature Page

 

 

 

ACKNOWLEDGED AND ACCEPTED:

	 	 	 	 	 
	BANK OF AMERICA, N.A., as Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

SUBSIDIARY GUARANTY AGREEMENT

Signature Page

 

 

 

EXHIBIT G

FORM OF JOINDER AGREEMENT

This JOINDER AGREEMENT (this “Agreement”), dated as of                     , is by and between
                                        , a                                         
 (the “Subsidiary”), and Bank of America, N.A., in
its capacity as Administrative Agent under that certain Amended and Restated Credit Agreement,
dated as of August 10, 2010 (as amended, restated, extended, supplemented or otherwise modified in
writing from time to time, the “Credit Agreement”), among Integra LifeSciences Holdings
Corporation, a Delaware corporation (the “Borrower”), the Lenders from time to time party
thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.
Capitalized terms used but not defined herein shall have the meanings given to them in the Credit
Agreement.

The Borrower is required by Section 6.11 of the Credit Agreement to cause each Person that
becomes a direct or indirect subsidiary of a Loan Party to execute and deliver a Joinder Agreement
in the form hereof.

Accordingly, the applicable Subsidiary hereby agrees as follows with the Administrative Agent,
for the benefit of the Lenders:

ARTICLE I

JOINDERS

1.1 Subsidiary Guaranty. The Subsidiary hereby (a) acknowledges, agrees and confirms that, by
its execution of this Agreement, the Subsidiary will be deemed to be a party to the Subsidiary
Guaranty and a “Guarantor” (as such term is defined in the Subsidiary Guaranty) for all purposes of
the Credit Agreement and the Subsidiary Guaranty, and shall have all of the obligations of a
Guarantor thereunder as if it had executed the Subsidiary Guaranty, (b) jointly and severally
together with the other Guarantors thereunder, guarantees to each Lender and the Administrative
Agent, as provided in the Subsidiary Guaranty, the prompt payment and performance of the Guaranteed
Obligations (as defined in the Subsidiary Guaranty) in full when due (whether at stated maturity,
as a mandatory prepayment, by acceleration or otherwise) strictly in accordance with the terms
thereof, and (c) makes each representation and warranty set forth in Article III of the Subsidiary
Guaranty as to itself to the same extent as each other Guarantor thereunder and hereby agrees to be
bound as a Guarantor by all of the terms and provisions of the Subsidiary Guaranty to the same
extent as all other Guarantors thereunder.

1.2. Security Agreement. The Subsidiary hereby (a) acknowledges, agrees and confirms that, by
its execution of this Agreement, the Subsidiary will be deemed to be a party to the Security
Agreement, and a “Grantor” (as such term is defined in the Security Agreement) for all purposes of
the Credit Agreement and the Security Agreement, and shall have all the obligations of a Grantor
thereunder as if it had executed the Security Agreement, (b) assigns and pledges to the
Administrative Agent for its benefit and the ratable benefit of the Secured Parties, and hereby
grants to the Administrative Agent for its benefit and the ratable benefit of the Secured Parties,
as collateral for the Secured Obligations (as such term is defined in the Security Agreement), a
pledge and assignment of, and a security interest in, all of the right, title and interest of the
undersigned in and to its Collateral, whether now owned or hereafter acquired,
subject to all of the terms and provisions of the Security Agreement, as if such Collateral of
the undersigned had been subject to the Security Agreement on the date of its original execution,
(c) attaches hereto supplements to Schedules I and II to the Security Agreement, and certifies that
such supplements have been prepared by the Subsidiary in substantially the form of the Schedules to
the Security Agreement and are accurate and complete as of the date first above written, and (d)
makes each representation and warranty set forth in Article III of the Security Agreement as to
itself and as to its Collateral to the same extent as each other Grantor and hereby agrees to be
bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent
as all other Grantors.

Form of Joinder Agreement

 

G-2

 

1.3. Pledge Agreement. The Subsidiary hereby (a) acknowledges, agrees and confirms that, by
its execution of this Agreement, the Subsidiary will be deemed to be a party to the Pledge
Agreement, and a “Pledgor” (as such term is defined in the Pledge Agreement) for all purposes of
the Pledge Agreement and shall have all the obligations of a Pledgor thereunder as if it had
executed the Pledge Agreement, (b) assigns and pledges to the Administrative Agent for its benefit
and the ratable benefit of the Secured Parties, and hereby grants to the Administrative Agent for
its benefit and the ratable benefit of the Secured Parties, as collateral for the Secured
Obligations (as such term is defined in the Pledge Agreement), a pledge and assignment of, and a
security interest in, all of the right, title and interest of the undersigned in and to its
Collateral, whether now owned or hereafter acquired, subject to all of the terms and provisions of
the Pledge Agreement, as if such Collateral of the undersigned had been subject to the Pledge
Agreement on the date of its original execution, (c) attaches hereto a supplement to Schedule I to
the Pledge Agreement, and certifies that such supplement has been prepared by the Subsidiary in
substantially the form of Schedule I to the Pledge Agreement and is accurate and complete as of the
date first above written, and (d) makes each representation and warranty set forth in Article III
of the Pledge Agreement as to itself and as to its Collateral to the same extent as each other
Pledgor and hereby agrees to be bound as a Pledgor by all of the terms and provisions of the Pledge
Agreement to the same extent as all other Pledgors.

ARTICLE II

REPRESENTATIONS AND WARRANTIES

The Subsidiary hereby represents and warrants that:

(a) This Agreement has been duly authorized, executed and delivered by the Subsidiary and
constitutes a legal, valid and binding obligation of the Subsidiary, enforceable against the
Subsidiary in accordance with its terms; and

(b) No Default has occurred and is continuing on the date hereof.

ARTICLE III

EFFECTIVENESS

This Agreement shall become effective on the date when the last of the following conditions
shall have been satisfied:

(a) The Administrative Agent shall have received the following (in each case in form and
substance satisfactory to the Administrative Agent, in its reasonable discretion):

(i) duly executed counterparts of this Agreement;

Form of Joinder Agreement

 

G-3

 

(ii) such certificates of resolutions or other action, incumbency certificates and/or
other certificates of duly authorized officers of the Subsidiary as the Administrative Agent
may reasonably require evidencing the identity, authority and capacity of each duly
authorized officer authorized to act on behalf of the Subsidiary in connection with this
Agreement and the other Loan Documents to which the Subsidiary is a party;

(iii) such documents and certifications as the Administrative Agent may reasonably
require to evidence that the Subsidiary is duly organized or formed, 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,
except to the extent that failure to do so could not reasonably be expected to have a
Material Adverse Effect, including, certified copies of its Organization Documents,
certificates of good standing and/or qualification to engage in business and tax clearance
certificates;

(iv) favorable opinions of counsel for the Subsidiary, addressed to the Administrative
Agent and each Lender, reasonably acceptable to the Administrative Agent and including,
among other things, opinions regarding the enforceability of the security interests created
thereby;

(v) a certificate of a duly authorized officer of the Subsidiary either (A) attaching
copies of all consents, licenses and approvals of Governmental Authorities, shareholders and
other Persons required in connection with the execution, delivery and performance by the
Subsidiary and the validity against the Subsidiary of the Loan Documents to which it is a
party (including the pledge of the Subsidiary’s Capital Stock) and such consents, licenses
and approvals shall be in full force and effect, or (B) stating that no such consents,
licenses or approvals are so required;

(vi) intentionally deleted;

(vii) original certificates evidencing all of the issued and outstanding shares of
Capital Stock or other equity or other ownership interests, if any, required to be pledged
by the Subsidiary pursuant to the terms of the Pledge Agreement, which certificates shall be
accompanied by undated stock powers duly executed in blank by each relevant pledgor in favor
of the Administrative Agent;

(viii) the original Intercompany Notes required to be pledged by the Subsidiary
pursuant to the terms of the Pledge Agreement, if any, duly endorsed in blank by the
Subsidiary in favor of the Administrative Agent;

Form of Joinder Agreement

 

G-4

 

(ix) (A) certified copies of Uniform Commercial Code Requests for Information or Copies
(Form UCC-11) or similar search reports certified by a party acceptable to the
Administrative Agent, dated a date reasonably near (but prior to) the date hereof, listing
all effective UCC financing statements, tax liens and judgment liens which name the
Subsidiary as the debtor, and which are filed in the jurisdictions in which the Subsidiary
is organized or has its principal place of business, together with copies of such financing
statements (none of which (other than financing statements filed pursuant to the terms
hereof in favor of the Administrative Agent, if such Form UCC-11 or search report, as the
case may be, is current enough to list such financing statements) shall cover any of the
Collateral) except to the extent permitted by Section 7.01 of the Credit Agreement;

(x) acknowledgment copies of UCC financing statements (or delivery in proper form for
filing) naming the Subsidiary as the debtor and the Administrative Agent as the secured
party, and which such UCC financing statements have been filed, or have been delivered for
filing under the UCC of all jurisdictions as may be necessary or, in the opinion of the
Administrative Agent, desirable to perfect the first priority security interest (subject to
Liens permitted by Section 7.01 of the Credit Agreement) of the Administrative Agent
pursuant to the Security Agreement;

(xi) evidence that all other action that the Administrative Agent may deem necessary or
desirable in order to perfect and protect the first priority liens and security interests
created under the Collateral Documents (subject to the Liens permitted by Section 7.01 of
the Credit Agreement) has been taken (including, without limitation, receipt of duly
executed payoff letters and UCC-3 termination statements);

(xii) Certified copies of all Material Contracts of the Subsidiary

(xiii) evidence of appointment of Corporation Service Company as agent for service of
process in accordance with Section 5.12(b) of the Subsidiary Guaranty; and

(xiv) such other assurances, certificates, documents, consents and waivers, estoppel
certificates, or opinions as the Administrative Agent, the L/C Issuer or the Required
Lenders reasonably may require.

(b) No Default or Event of Default shall have occurred and be continuing at the time of the
execution and delivery hereof or would occur immediately after giving effect to the execution and
delivery of this Agreement and the performance by the Subsidiary of its obligations hereunder.

ARTICLE IV

MISCELLANEOUS

4.1. Integration; Confirmation. On and after the date hereof, each of the Subsidiary Guaranty,
the Security Agreement, the Pledge Agreement, and the respective Schedules thereto shall be
supplemented as expressly set forth herein; all other terms and provisions of each of the
Subsidiary Guaranty, the Security Agreement, the Pledge Agreement, the other Loan Documents
and the respective Schedules thereto shall continue in full force and effect and unchanged and are
hereby confirmed in all respects.

Form of Joinder Agreement

 

G-5

 

4.2. Loan Document. This Agreement is a Loan Document executed pursuant to the Credit
Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and
applied in accordance with the terms and provisions thereof.

4.3. Expenses. The Subsidiary agrees to pay (a) all reasonable out-of-pocket expenses of the
Administrative Agent, including all reasonable fees, charges and disbursements of counsel for the
Administrative Agent, in connection with the preparation, execution and delivery of this Agreement
or any document or agreement contemplated hereby and (b) all taxes which the Administrative Agent
or any Secured Party may be required to pay by reason of the security interests granted in the
Collateral (including any applicable transfer taxes).

4.4. Addresses for Notices. All notices and other communications provided for hereunder shall
be in writing and mailed, delivered or transmitted by telecopier to each party hereto at the
address set forth in Section 10.02 of the Credit Agreement (with any notice to the Subsidiary being
delivered to the Subsidiary in care of the Borrower). All such notices and other communications
shall be deemed to be given or made at the times provided in Section 10.02 of the Credit Agreement.

4.5. Section Captions. Section captions used in this Agreement are for convenience of
reference only, and shall not affect the construction of this Agreement.

4.6. Severability. If any provision of this Agreement is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this
Agreement 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.

4.7. Counterparts. 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.

4.8. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK.

Form of Joinder Agreement

 

G-6

 

IN WITNESS WHEREOF, the Subsidiary has caused this Agreement to be duly executed by its
authorized officers, and the Administrative Agent, for the benefit of the Lenders, has caused the
same to be accepted by its authorized officer, as of the day and year first above written.

	 	 	 	 	 	 	 
	 	 	[SUBSIDIARY]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	Acknowledged and accepted:	 	 
	 
	 	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A.,

as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

Form of Joinder Agreement

 

G-7

 

[ATTACH SUPPLEMENTS TO SCHEDULES I AND II TO SECURITY AGREEMENT]

Form of Joinder Agreement

 

G-8

 

[ATTACH SUPPLEMENTS TO SCHEDULE I TO PLEDGE AGREEMENT]

Form of Joinder Agreement

 

G-9

 

EXHIBIT H

FORM OF OPINION

Opinions shall be in form and substance reasonably satisfactory to the Administrative Agent and

the Secured Parties.

Form of Opinion

 

H-1

 

EXHIBIT I

FORM OF PLEDGE AGREEMENT

See attached

Form of Pledge Agreement

 

I-1

 

AMENDED AND RESTATED

PLEDGE AGREEMENT

This AMENDED AND RESTATED PLEDGE AGREEMENT, dated as of August 10, 2010 (as amended, restated,
amended and restated, supplemented or modified from time to time, this “Agreement”), is
made by INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the “Borrower”),
and each of the other Persons (such capitalized term and all other capitalized terms not otherwise
defined herein to have the meanings provided for in Article I) listed on the signature
pages hereof (such other Persons, together with the Additional Pledgors (as defined in Section
7.2(b)), and the Borrower, are collectively referred to as the “Pledgors” and
individually as a “Pledgor”), in favor of BANK OF AMERICA, N.A., as administrative and
collateral agent (in such capacity, the “Administrative Agent”) for each of the Secured
Parties.

W I T N E S S E T H:

WHEREAS, the Pledgors have entered into that certain Pledge Agreement dated as of December 22,
2005 (as amended, supplemented or modified from time to time prior to the date hereof, the
“Existing Pledge Agreement”), pursuant to which the Pledgors granted to the Secured Parties
a security interest (the “Existing Security Interest”) in all right, title or interest in
or to any and all of certain assets and properties of the Debtor as more specifically set forth
therein; and

WHEREAS, pursuant to that certain Amended and Restated Credit Agreement, dated as of the date
hereof (as amended, restated, amended and restated, supplemented or otherwise modified from time to
time, the “Credit Agreement”), among the Borrower, the various financial institutions as
are, or may from time to time become, parties thereto and the Administrative Agent, the L/C Issuer
and Swing Line Lender, the Secured Parties have agreed to continue to make Credit Extensions and
other financial accommodations available to or for the benefit of the Pledgors;

WHEREAS, as a condition precedent to the making of the initial Credit Extension under the
Credit Agreement, each Pledgor is required to execute and deliver this Agreement; and

WHEREAS, each Pledgor has duly authorized the execution, delivery and performance of this
Agreement;

 

 

 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and in order to induce the Lenders to make Credit Extensions (including the
initial Credit Extension) to the Borrower pursuant to the Credit Agreement, each Pledgor agrees,
for the benefit of each Secured Party, as follows:

ARTICLE I

DEFINITIONS

1.1 Definitions. The following terms (whether or not underscored) when used in this
Agreement, including its preamble and recitals, shall have the following meanings (such definitions
to be equally applicable to the singular and plural forms thereof):

“Additional Pledgors” is defined in Section 7.2(b).

“Administrative Agent” is defined in the preamble.

“Agreement” is defined in the preamble.

“Borrower” is defined in the preamble.

“Credit Agreement” is defined in the second recital.

“Collateral” is defined in Section 2.1.

“Distributions” means all Equity Interest dividends, other dividends, including
liquidating dividends, Equity Interests resulting from (or in connection with the exercise of)
splits, reclassifications, warrants, options, non-cash dividends and all other distributions
(whether similar or dissimilar to the foregoing) on or with respect to any Pledged Equity Interests
or other Equity Interests constituting Collateral, but shall not include Dividends.

“Dividends” means cash dividends and cash distributions with respect to any Pledged
Equity Interests made in the ordinary course of business and not as a liquidating dividend.

“Domestic Subsidiary” means a Subsidiary that is organized under the laws of a
political subdivision of the United States.

“Equity Interests” is defined in the Credit Agreement.

“Excluded Subsidiary Collateral” means all Collateral (as defined in the Existing
Pledge Agreement) in which the Administrative Agent, on behalf of the Secured Parties, was granted
a security interest by a Pledgor under the Existing Pledge Agreement that is an Excluded Subsidiary
other than a Pledged Excluded Subsidiary as of the Closing Date under the Credit Agreement.

“Existing Pledge Agreement” is defined in the first recital.

“Existing Security Interest” is defined in the first recital.

“Foreign Subsidiary” means a Subsidiary that is not organized under the laws of a
political subdivision of the United States.

“Indemnitee” is defined in Section 6.5.

“Lender” is defined in the Credit Agreement.

 

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“LLC Agreement” means the limited liability company agreement, operating agreement and
other organizational document of a Securities Issuer which is a limited liability company, as the
same may be amended, restated, amended and restated, supplemented or otherwise modified from time
to time.

“Parent” is defined in the preamble.

“Partnership Agreement” means the partnership agreement and other organizational
document of a Securities Issuer which is a partnership, as the same way be amended, restated,
amended and restated, supplemented or otherwise modified from time to time.

“Person” is defined in the Credit Agreement.

“Pledged Equity Interests” means all Pledged Shares, Pledged Partnership Interests and
Pledged Membership Interests.

“Pledged Membership Interests” is defined in Section 2.1(c).

“Pledged Notes” is defined in Section 2.1(a). The form of the original
Pledged Notes hereunder is attached as Exhibit A hereto.

“Pledged Partnership Interests” is defined in Section 2.1(c).

“Pledged Shares” is defined in Section 2.1(b).

“Pledgor” and “Pledgors” is defined in the preamble.

“Proceeds” is defined in the Security Agreement.

“Security Agreement” is defined in the Credit Agreement.

“Secured Obligations” is defined in the Security Agreement.

“Secured Party” is defined in the Credit Agreement.

“Securities Act” is defined in Section 6.2.

“Securities Issuer” means any Person listed on Schedule I hereto (as such
Schedule may be supplemented from time to time pursuant to Section 4.1(b) hereto) that has
issued or may issue a Pledged Equity Interest or a Pledged Note.

“Termination Date” is defined in the Security Agreement.

“UCC” is defined in the Credit Agreement.

1.2 Credit Agreement Definitions. Unless otherwise defined herein or the context otherwise
requires, terms used in this Agreement, including its preamble and recitals, have the meanings
provided in the Credit Agreement.

 

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1.3 UCC Definitions. Unless otherwise defined herein or the context otherwise requires, terms
for which meanings are provided in the UCC are used in this Agreement, including its preamble and
recitals, with such meanings.

1.4 Other Interpretive Provisions. The rules of construction in Sections 1.02 to 1.06 of the
Credit Agreement shall be equally applicable to this Agreement.

ARTICLE II

PLEDGE

2.1 Grant of Security Interest. Each Pledgor hereby pledges, assigns, charges, mortgages,
delivers, and transfers to the Administrative Agent the ratable benefit of each of the Secured
Parties, and hereby grants to the Administrative Agent, for the ratable benefit of the Secured
Parties, a continuing security interest in all of its right, title and interest in and to the
following property of such Pledgor, whether now or hereafter existing or acquired (collectively,
the “Collateral”):

(a) all promissory notes of each Securities Issuer identified in Item A of
Schedule I hereto (as such Schedule may be supplemented from time to time pursuant to
Section 4.1(b)) opposite the name of such Pledgor and all other promissory notes of any
such Securities Issuer issued from time to time to such Pledgor, as such promissory notes are
amended, modified, supplemented, restated or otherwise modified from time to time and together with
any promissory note of any Securities Issuer taken in extension or renewal thereof or substitution
therefor (such promissory notes being referred to herein as the “Pledged Notes”);

(b) all issued and outstanding shares of capital stock of each Securities Issuer which is a
corporation (or similar type of issuer) identified in Item B of Schedule I hereto
(as such Schedule may be supplemented from time to time pursuant to Section 4.1(b))
opposite the name of such Pledgor and all additional shares of capital stock of any such Securities
Issuer from time to time acquired by such Pledgor in any manner, and the certificates representing
such shares of capital stock (such shares of capital stock being referred to herein as the
“Pledged Shares”);

(c) all Equity Interests of each Securities Issuer which is a limited liability company or
partnership identified in Item C or Item D, respectively, of Schedule I
hereto (as such Schedule may be supplemented from time to time pursuant to Section 4.1(b))
opposite the name of such Pledgor and all additional Equity Interests of any such Securities Issuer
from time to time acquired by such Pledgor in any manner, including, in each case, (i) the LLC
Agreement or Partnership Agreement, as the case may be, of such Securities Issuer, (ii) all rights
(but not obligations) of such Pledgor as a member or partner thereof, as the case may be, and all
rights to receive Dividends and Distributions from time to time received, receivable, or otherwise
distributed thereunder, (iii) all claims of such Pledgor for damages arising out of or for breach
of or default under such LLC Agreement or Partnership Agreement, (iv) the right of such Pledgor to
terminate such LLC Agreement or Partnership Agreement, to perform and exercise consensual or voting
rights thereunder, and to compel performance and otherwise exercise all remedies thereunder, (v)
all rights of such Pledgor, whether as a member or partner thereof, as the case may be, to all
property and assets of such Securities Issuer (whether real property, inventory,
equipment, accounts, general intangibles, securities, instruments, chattel paper, documents,
choses in action, financial assets, or otherwise) and (vi) all certificates or instruments, if any,
evidencing such Equity Interests (such Equity Interests being referred to herein, in the case of
membership interests, as the “Pledged Membership Interests” and, in the case of partnership
interests, as the “Pledged Partnership Interests”);

 

- 4 -

 

(d) all Dividends, Distributions, principal, interest, and other payments and rights with
respect to any of the items listed in clauses (a), (b), and (c) above; and

(e) all Proceeds of any and all of the foregoing Collateral.

Notwithstanding the foregoing, no Minority Equity Interests nor Equity Interests in Excluded
Subsidiaries (other than Pledged Excluded Subsidiaries (as defined in the Security Agreement), if
any) shall constitute Collateral.

2.2 Security for Secured Obligations. The Collateral of each Pledgor under this Agreement
secures the prompt payment in full of all Secured Obligations of such Pledgor under the Loan
Documents.

2.3 Delivery of Collateral. All certificates or instruments, if any, representing or
evidencing any Collateral, including all Pledged Equity Interests and all Pledged Notes, shall be
delivered to and held by or on behalf of the Administrative Agent pursuant hereto, shall be in
suitable form for transfer by delivery, and shall be accompanied by all necessary instruments of
transfer or assignment, duly executed in blank.

2.4 Dividends on Pledged Equity Interests and Payments on Pledged Notes. So long as no Event
of Default has occurred and is continuing, any Dividend or payment in respect of any Pledged Note
may be paid directly to the applicable Pledgor. If any Event of Default has occurred and is
continuing, then any such Dividend or payment shall be paid directly to the Administrative Agent.

2.5 Continuing Security Interest; Transfer of Credit Extensions. This Agreement shall create
a continuing security interest in the Collateral and shall remain in full force and effect until
the Termination Date, be binding upon each Pledgor and its successors, transferees and assigns, and
inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit
of the Administrative Agent and each other Secured Party. Without limiting the generality of the
foregoing, any Secured Party may assign or otherwise transfer (in whole or in part) any Credit
Extension held by it to any other Person, and such other Person shall thereupon become vested with
all the rights and benefits in respect thereof granted to such Secured Party under any Loan
Document (including this Agreement) or otherwise, subject, however, to any contrary provisions in
such assignment or transfer.

2.6 Security Interest Absolute. All rights of the Administrative Agent and the security
interests granted to the Administrative Agent hereunder, and all obligations of each Pledgor
hereunder, shall be, absolute and unconditional, irrespective of any of the following conditions,
occurrences or events:

(a) any lack of validity or enforceability of any Loan Document;

 

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(b) the failure of any Secured Party to assert any claim or demand or to enforce any right or
remedy against any Loan Party, the Borrower, any other Pledgor or any other Person under the
provisions of any Loan Document, or otherwise or to exercise any right or remedy against any other
guarantor of, or collateral securing, any Secured Obligation;

(c) any change in the time, manner or place of payment of, or in any other term of, all or any
of the Secured Obligations or any other extension, compromise or renewal of any Secured Obligation,
including any increase in the Secured Obligations resulting from the extension of additional credit
to any Pledgor or otherwise;

(d) any reduction, limitation, impairment or termination of any Secured Obligation for any
reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not
be subject to (and each Pledgor hereby waives any right to or claim of) any defense or setoff,
counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality,
non-genuineness, irregularity, compromise, unenforceability of, or any other event or occurrence
affecting, any Secured Obligation or otherwise;

(e) any amendment to, rescission, waiver, or other modification of, or any consent to
departure from, any of the terms of any Loan Document;

(f) any addition, exchange, release, surrender or non-perfection of any collateral (including
the Collateral), or any amendment to or waiver or release of or addition to or consent to departure
from any guaranty, for any of the Secured Obligations; or

(g) any other circumstances which might otherwise constitute a defense available to, or a
legal or equitable discharge of, any Loan Party, the Borrower, any other Pledgor or otherwise.

2.7 Pledgors Remain Liable. Anything herein to the contrary notwithstanding (a) the exercise
by the Administrative Agent of any of its rights hereunder shall not release any Pledgor from any
of its duties or obligations under any contracts or agreements included in the Collateral and (b)
neither the Administrative Agent nor any other Secured Party shall have any obligation or liability
under any such contracts or agreements included in the Collateral by reason of this Agreement, nor
shall the Administrative Agent or any other Secured Party be obligated to perform any of the
obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any
claim for payment assigned hereunder.

2.8 Subrogation. Until the Termination Date, no Pledgor shall exercise any claim or other
rights which it may now or hereafter acquire against any other Pledgor that arises from the
existence, payment, performance or enforcement of such Pledgor’s obligations under this Agreement,
including any right of subrogation, reimbursement, exoneration or indemnification, any right to
participate in any claim or remedy against any other Pledgor or any collateral which the
Administrative Agent now has or hereafter acquires, whether or not such claim, remedy or right
arises in equity or under contract, statute or common law, including the right to take or receive
from any other Pledgor, directly or indirectly, in cash or other property or by setoff or in any
manner, payment or security on account of such claim or other rights. If any amount shall be paid
to any Pledgor in violation of the preceding sentence, such amount shall be deemed to have
been paid for the benefit of the Secured Parties, and shall forthwith be paid to the
Administrative Agent to be credited and applied upon the Secured Obligations, whether matured or
unmatured. Each Pledgor acknowledges that it will receive direct and indirect benefits for the
financing arrangements contemplated by the Loan Documents and that the agreement set forth in this
Section is knowingly made in contemplation of such benefits.

 

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2.9 Release; Termination. (a) Upon any sale, transfer or other disposition (direct or
indirect) of any item of Collateral of any Pledgor in accordance with Section 7.05 of the
Credit Agreement, the Administrative Agent will, at such Pledgor’s expense and without any
representations, warranties or recourse of any kind whatsoever, execute and deliver to such Pledgor
such documents as such Pledgor shall reasonably request to evidence the release of such item of
Collateral from the pledge, assignment and security interest granted hereby; provided,
however, that (i) at the time of such request and such release no Event of Default shall
have occurred and be continuing, and (ii) such Pledgor shall have delivered to the Administrative
Agent, at least five Business Days prior to the date of the proposed release, a written request for
release describing the item of Collateral and the terms of the sale, lease, transfer or other
disposition in reasonable detail, including, without limitation, the price thereof and any expenses
in connection therewith, together with a form of release for execution by the Administrative Agent
(which release shall be in form and substance satisfactory to the Administrative Agent) and a
certificate of such Pledgor to the effect that the transaction is in compliance with the Loan
Documents and as to such other matters as the Administrative Agent (or the Required Lenders through
the Administrative Agent) may reasonably request.

(b) Upon the Termination Date, the pledge, assignment and security interest granted hereby
shall terminate and all rights to the Collateral shall revert to the applicable Pledgor. Upon any
such termination, the Administrative Agent will, at the applicable Pledgor’s expense and without
any representations, warranties or recourse of any kind whatsoever, execute and deliver to such
Pledgor such documents as such Pledgor shall reasonably request to evidence such termination and
deliver to such Pledgor all certificates and instruments representing or evidencing the Collateral
then held by the Administrative Agent.

ARTICLE III

REPRESENTATIONS AND WARRANTIES

Each Pledgor represents and warrants unto each Secured Party, as at the date of each pledge
and delivery hereunder (including each pledge and delivery of a Pledged Equity Interest and each
pledge and delivery of a Pledged Note) by such Pledgor to the Administrative Agent of any
Collateral, as set forth in this Article.

3.1 Ownership; No Liens, etc. (a) Schedule I hereto accurately identifies as of the
date hereof and as of each date such Schedule is supplemented pursuant to Section 4.1(b)
hereof each of the following:

(i) all shares of capital stock, membership interests, general and limited partnership
interests and other Equity Interests in any Person (other than an Excluded Subsidiary that is not a
Pledged Excluded Subsidiary) owned by such Pledgor; and

 

- 7 -

 

(ii) all promissory notes (including Intercompany Notes) and debt securities of any other
Person owned by such Pledgor and all outstanding loans and advances for borrowed money made by such
Pledgor to any other Person.

(b) Such Pledgor is the legal and beneficial owner of, and has good and marketable title to
(and has full right and authority to pledge and assign) such Collateral, free and clear of all
Liens, except for this security interest granted pursuant hereto in favor of the Administrative
Agent.

3.2 Valid Security Interest. The delivery of such Collateral to the Administrative Agent is
effective to create a valid, perfected, first priority security interest in such Collateral and all
Proceeds thereof, subject to no other Liens, securing the payment of the Secured Obligations. No
filing or other action will be necessary to perfect or protect such security interest.

3.3 As to Pledged Notes. Each Pledged Note has been duly authorized, executed, endorsed,
issued and delivered, and is the legal, valid and binding obligation of the relevant Securities
Issuer thereof, and is not in default.

3.4 As to Pledged Shares. In the case of any Pledged Share constituting such Collateral, all
of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and
constitute 100% of the issued and outstanding voting capital stock and 100% of the non-voting
shares of capital stock of each Securities Issuer thereof (or 100% of such lesser percentage as is
permitted to be hereafter acquired pursuant to the terms of the Credit Agreement). The Pledgors
have no Subsidiaries other than those set forth on Schedule 5.08 of the Credit Agreement.

3.5 As to Pledged Membership Interests and Pledged Partnership Interests, etc. (a) In the
case of any Pledged Membership Interests and Pledged Partnership Interests constituting a part of
the Collateral, all of such Pledged Equity Interests are duly authorized and validly issued, fully
paid, and non-assessable, and constitute all of the issued and outstanding Equity Interests held by
such Pledgor in the applicable Securities Issuer.

(b) Each LLC Agreement and Partnership Agreement to which such Pledgor is a party, true and
complete copies of which have been furnished to the Administrative Agent, has been duly authorized,
executed, and delivered by such Pledgor, has not been amended or otherwise modified except as
permitted by the Credit Agreement, is in full force and effect, and is binding upon and enforceable
against such Pledgor in accordance with its terms. There exists no default under any such LLC
Agreement or Partnership Agreement by such Pledgor.

(c) Each such LLC Agreement and Partnership Agreement, as the case may be, expressly provides
that the Pledged Membership Interests or Pledged Partnership Interests, as the case may be, are not
“securities” governed by Article 8 of applicable Uniform Commercial Code (or, if they are, Pledgors
have delivered certificates representing such interest).

(d) Such Pledgor’s Equity Interest in the applicable Securities Issuer is set forth in
Schedule I hereto, as supplemented from time pursuant to Section 4.1(b), and
Schedule I, as so supplemented, accurately reflects whether such Equity Interest is in
certificated form.

 

- 8 -

 

(e) Such Pledgor had and has the power and legal capacity to execute and carry out the
provisions of all such LLC Agreements and Partnership Agreements, as the case may be, to which it
is a party. Such Pledgor has substantially performed all of its obligations to date under all such
LLC Agreements and Partnership Agreements, as the case may be, and has not received notice of the
failure of any other party thereto to perform its obligations thereunder.

(f) The state of organization of each Securities Issuer is as set forth in Schedule I
hereto.

3.6 Authorization, Approval, etc. No authorization, approval, or other action by, and no
notice to or filing with, any Governmental Authority or any other Person is required (except those
which have been obtained) either:

(a) for the pledge by such Pledgor of any Collateral pursuant to this Agreement or for the
execution, delivery, and performance of this Agreement by such Pledgor; or

(b) for the exercise by the Administrative Agent of the voting or other rights provided for in
this Agreement or the remedies in respect of the Collateral pursuant to this Agreement, except,
with respect to the Pledged Equity Interests, as may be required in connection with a disposition
of such Pledged Equity Interests by Laws affecting the offering and sale of securities generally.

3.7 Excluded Subsidiaries. At all times during the Term of this Agreement, all Excluded
Subsidiaries shall be direct or indirect Subsidiaries of a Subsidiary Guarantor. All Collateral in
each Excluded Subsidiary that is a Domestic Subsidiary and that (a) directly owns at least a
majority of the Equity Interests in any Foreign Subsidiary or (b) owns any IP Rights that could
reasonably be expected to be material to the exercise by the Secured Parties of all or any material
portion of their respective rights and remedies under the Loan Documents, including, without
limitation, the Disposition of any of the “Collateral” (as defined in the Credit Agreement), has
been, or will be no later than the date required under the Credit Agreement, pledged to the
Administrative Agent, for the benefit of the Secured Parties, in accordance herewith.

3.8 Loan Documents. Each Pledgor makes each representation and warranty made in each of the
Loan Documents by the Parent or the Borrower or any other Loan Party with respect to such Pledgor
as if such representation and warranty were expressly set forth herein.

ARTICLE IV

COVENANTS

Each Pledgor covenants and agrees that, until the Termination Date, such Pledgor will, unless
the Administrative Agent with the consent of the Required Lenders shall otherwise agree in writing,
perform the obligations set forth in this Section.

4.1 Protect Collateral; Further Assurances, etc. (a) No Pledgor will create or suffer to
exist any Lien on the Collateral (except a Lien in favor of the Administrative Agent and Permitted
Liens). Each Pledgor will warrant and defend the right and title herein granted unto
the Administrative Agent in and to the Collateral (and all right, title, and interest
represented by the Collateral) against the claims and demands of all Persons whomsoever except the
holders of Permitted Liens.

 

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(b) Promptly following any Investment made by any Pledgor in any other Person (other than an
Excluded Subsidiary that is not a Pledged Excluded Subsidiary and other than Minority Equity
Interests) after the date hereof which is not described in Schedule I hereto and, in any
case, not later than the next date thereafter on which the Borrower is required to deliver a
Compliance Certificate pursuant to Section 6.02(b) of the Credit Agreement, the Borrower,
on behalf of such Pledgor, shall deliver a supplement to Schedule I hereto which supplement
shall accurately describe such Investment, together with a certificate of a Responsible Officer
certifying that, as of the date thereof and after giving effect to the supplement to such schedule
delivered therewith, the representations and warranties in Article III hereof are true and
correct. Following receipt by any Pledgor of any promissory note or certificate evidencing any
such Investment made by any Pledgor in any such Person which has not been delivered by such Pledgor
to the Administrative Agent in pledge hereunder, such Pledgor shall deliver such promissory note or
other certificate to the Administrative Agent, indorsed and accompanied by instruments of transfer
or assignment as contemplated by Section 2.3 hereof.

(c) Each Pledgor agrees that at any time, and from time to time, at the expense of such
Pledgor, such Pledgor will promptly execute and deliver all further instruments, and take all
further action, that may be necessary, or that the Administrative Agent may reasonably request, in
order to perfect and protect any security interest granted or purported to be granted hereby or to
enable the Administrative Agent to exercise and enforce its rights and remedies hereunder with
respect to any Collateral.

(d) Each Pledgor will not permit any Securities Issuer of any Pledged Equity Interests pledged
by such Pledgor hereunder to issue any certificated Equity Interest unless the same.

4.2 Powers, Control, etc. (a) Each Pledgor agrees that all certificated Pledged Equity
Interests (and all other certificated Equity Interests constituting Collateral) delivered by such
Pledgor pursuant to this Agreement will be accompanied by duly executed undated blank powers, or
other equivalent instruments of transfer reasonably acceptable to the Administrative Agent.

(b) With respect to any Pledged Equity Interests in which any Pledgor has any right, title or
interest and that constitutes an uncertificated security, such Pledgor will cause the applicable
Securities Issuer either (i) to register the Administrative Agent as the registered owner of such
Pledged Equity Interest or (ii) to deliver a written acknowledgement and agreement to the
Administrative Agent (A) to acknowledge the security interest of the Administrative Agent in such
Pledged Equity Interest granted hereunder, (B) to confirm that such Securities Issuer has marked
the company register for such Pledged Equity Interest or other applicable records to reflect such
security interest of the Administrative Agent, (C) to confirm to the Administrative Agent that it
has not received notice of any other Lien in such Pledged Equity Interest (and has not agreed to
accept instructions from any other Person in respect of such Pledged Equity
Interest and will not accept or execute any instructions to transfer ownership of such Pledged
Equity Interest unless consented to in writing by the Administrative Agent) and (D) to agree with
such Pledgor and the Administrative Agent that, after the occurrence and during the continuation of
an Event of Default, such Securities Issuer will comply with instructions with respect to such
Pledged Equity Interest originated by the Administrative Agent without further consent of such
Pledgor, such acknowledgement and agreement to be in form and substance reasonably satisfactory to
the Administrative Agent.

 

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(c) Each Pledgor which is the Securities Issuer of any Pledged Equity Interests in which any
other Pledgor has any right, title, or interest, hereby (i) acknowledges the security interest of
the Administrative Agent in such Pledged Equity Interests granted by such other Pledgor hereunder,
(ii) confirms that it has marked its register for such Pledged Equity Interests or other applicable
company records to reflect such security interest of the Administrative Agent, (iii) confirms that
it has not received notice of any other Lien in such Pledged Equity Interests (and has not agreed
to accept instructions from any other person in respect of such Pledged Equity Interests and will
not accept or execute any instructions to transfer ownership of such Pledged Equity Interest unless
consented to in writing by the Administrative Agent), (iv) agrees that it will comply with the
instructions with respect to such Pledged Equity Interests originated by the Administrative Agent
without further consent of such other Pledgor and (v) unless the Partnership Agreement or LLC
Agreement, as the case may be, of any such Pledgor already so provides on the date such Pledgor
becomes a party to this Agreement, agrees to promptly prepare, execute and deliver to each of its
partners or members, as the case may be, any amendment or supplement to such Partnership Agreement
or LLC Agreement, as the case may be, as may be necessary to expressly provide that the Equity
Interests of such Pledgor are not “securities” governed by Article 8 of the applicable Uniform
Commercial Code (or if such Equity Interests are such securities, Pledgor shall deliver
certificates therefore) (and each Pledgor which is a partner or member of such Pledgor shall
promptly execute and deliver such amendment).

(d) Each Pledgor will, from time to time upon the request of the Administrative Agent,
promptly deliver to the Administrative Agent such powers, instruments, and similar documents,
satisfactory in form and substance to the Administrative Agent, with respect to the Collateral as
the Administrative Agent may reasonably request and will, from time to time upon the request of the
Administrative Agent after the occurrence of any Event of Default, promptly transfer any Pledged
Equity Interests or other Equity Interests constituting Collateral into the name of any nominee
designated by the Administrative Agent.

4.3 Continuous Pledge. Subject to Section 2.4 and 2.9, each Pledgor will, at
all times, keep pledged to the Administrative Agent pursuant hereto all Pledged Equity Interests
and all other Equity Interests constituting Collateral, all Dividends and Distributions with
respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the
Administrative Agent with respect to the Pledged Notes, and all other Collateral and other
securities, instruments, proceeds, and rights from time to time received by or distributable to
such Pledgor in respect of any Collateral.

 

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4.4 Voting Rights; Dividends, etc. Each Pledgor agrees:

(a) after any Event of Default shall have occurred and be continuing, promptly upon receipt
thereof by such Pledgor and without any request therefor by the Administrative Agent, to deliver
(properly indorsed where required hereby or requested by the Administrative Agent) to the
Administrative Agent all Dividends, Distributions, interest, principal, other cash payments, and
proceeds of the Collateral, all of which shall be held by the Administrative Agent as additional
Collateral for use in accordance with Section 6.4; and

(b) after any Event of Default shall have occurred and be continuing and the Administrative
Agent has notified such Pledgor of the Administrative Agent’s intention to exercise its voting
power under this clause:

(i) the Administrative Agent may exercise (to the exclusion of such Pledgor) the voting power
and all other incidental rights of ownership with respect to any Pledged Equity Interests or other
Equity Interests constituting Collateral and such Pledgor hereby grants the Administrative Agent an
irrevocable proxy, exercisable under such circumstances, to vote the Pledged Equity Interests and
such other Collateral; and

(ii) such Pledgor shall promptly deliver to the Administrative Agent such additional proxies
and other documents as may be necessary to allow the Administrative Agent to exercise such voting
power.

All Dividends, Distributions, interest, principal, cash payments, and proceeds which may at any
time and from time to time be held by any Pledgor but which such Pledgor is then obligated to
deliver to the Administrative Agent, shall, until delivery to the Administrative Agent, be held by
each Pledgor separate and apart from its other property in trust for the Administrative Agent. The
Administrative Agent agrees that until an Event of Default shall have occurred and be continuing
and the Administrative Agent shall have given the notice referred to in clause (b) above,
each Pledgor shall have the exclusive voting power with respect to any Equity Interests
constituting Collateral and the Administrative Agent shall, upon the written request of each
Pledgor, promptly deliver such proxies and other documents, if any, as shall be reasonably
requested by each Pledgor which are necessary to allow such Pledgor to exercise voting power with
respect to any such Equity Interests constituting Collateral; provided, however,
that no vote shall be cast, or consent, waiver, or ratification given, or action taken or any
action not taken by the Pledgor that would impair any Collateral or violate any provision of the
Credit Agreement or any other Loan Document (including this Agreement).

4.5 As to LLC Agreements and Partnership Agreements. (a) Each Pledgor of a Pledged
Membership Interest and/or Pledged Partnership Interests shall at its own expense:

(i) perform and observe all the terms and provisions of each LLC Agreement and/or Partnership
Agreement, as the case may be, to which it is a party and each other contract and agreement
included in all the Collateral to be performed or observed by it, maintain such LLC Agreement
and/or Partnership Agreement, as the case may be, and each such other contract and agreement in
full force and effect, enforce such LLC Agreement and/or Partnership Agreement, as the case may be,
and each such other contract and agreement in accordance with its terms, and take all such action
to such end as may from time to time be reasonably be requested by the Administrative Agent; and

 

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(ii) furnish to the Administrative Agent promptly upon receipt thereof copies of all material
notices, requests and other documents received by such Pledgor under or pursuant to such LLC
Agreement and/or Partnership Agreement, as the case may be, and any other contract or agreement
included in the Collateral to which it is a party, and from time to time (A) furnish to the
Administrative Agent such information and reports regarding the Collateral as the Administrative
Agent may reasonably request, and (B) upon the reasonable request of the Administrative Agent, make
to any other party to such LLC Agreement and/or Partnership Agreement, as the case may be, or any
such other contract or agreement such demands and requests for information and reports or for
action as such Pledgor is entitled to make thereunder.

(b) No Pledgor of a Pledged Membership Interest and/or Pledged Partnership Interest, as the
case may be, shall, except as otherwise permitted by the Credit Agreement:

(i) cancel or terminate any LLC Agreement, Partnership Agreement or any other contract or
agreement included in the Collateral to which it is a party or consent to or accept any
cancellation or termination thereof;

(ii) amend or otherwise modify any such LLC Agreement, Partnership Agreement or any such
contract or agreement or give any consent, waiver, or approval thereunder;

(iii) waive any default under or breach of any such LLC Agreement, Partnership Agreement or
any such other contract or agreement; or

(iv) take any other action in connection with any such LLC Agreement or any such other
contract or agreement that would impair the value of the interest or rights of such Pledgor
thereunder or that would impair the interest or rights of the Administrative Agent.

4.6 As to Pledged Notes. Each Pledgor will not, without the prior written consent of the
Administrative Agent:

(a) enter into any agreement amending, supplementing, or waiving any provision of any Pledged
Note (including any underlying instrument pursuant to which such Pledged Note is issued) or
compromising or releasing or extending the time for payment of any obligation of the maker thereof;
or

(b) take or omit to take any action the taking or the omission of which could result in any
impairment or alteration of any obligation of the maker of any Pledged Note or other instrument
constituting Collateral.

 

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ARTICLE V

THE ADMINISTRATIVE AGENT

5.1 Appointment as Attorney-in-Fact. Each Pledgor hereby irrevocably constitutes and appoints
the Administrative Agent and any officer or agent thereof, with full power of substitution, as its
true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead
of such Pledgor and in the name of such Pledgor or in its own name, for the
purpose of carrying out the terms of this Agreement, to take, upon the occurrence and during
the continuation of any Event of Default, any and all appropriate action and to execute any and all
documents and instruments that may be necessary or desirable to accomplish the purposes of this
Agreement. Without limiting the generality of the foregoing (and in addition to the powers and
rights granted to the Administrative Agent pursuant to Article V of the Security Agreement), each
Pledgor hereby gives the Administrative Agent the power and right, on behalf of such Pledgor,
without notice to or assent by such Pledgor, to do any or all of the following upon the occurrence
and during the continuation of an Event of Default:

(a) in the name of such Pledgor or its own name, or otherwise, take possession of and indorse
and collect any checks, drafts, notes, acceptances or other instruments for the payment of moneys
due under or in respect of any Collateral and file any claim or take any other action or proceeding
in any court of law or equity or otherwise deemed appropriate by the Administrative Agent for the
purpose of collecting any and all such moneys due under or in respect of any Collateral whenever
payable; and

(b) (i) direct any party liable for any payment under any of the Collateral to make payment of
any and all moneys due or to become due thereunder directly to the Administrative Agent or as the
Administrative Agent shall direct; (ii) ask or demand for, collect, and receive payment of and give
receipt for, any and all moneys, claims and other amounts due or to become due at any time in
respect of or arising out of any Collateral; (iii) receive, collect, sign and indorse any drafts or
other instruments, documents and chattel paper in connection with any of the Collateral; (iv)
commence and prosecute any suits, actions or proceedings at Law or in equity in any court of
competent jurisdiction to collect the Collateral or any portion thereof and to enforce any other
right in respect of any Collateral; (v) defend any suit, action or proceeding brought against such
Pledgor with respect to any Collateral; (vi) settle, compromise or adjust any such suit, action or
proceeding and, in connection therewith, give such discharges or releases as the Administrative
Agent may deem appropriate; and (vii) generally, sell, transfer, pledge and make any agreement with
respect to or otherwise deal with any of the Collateral as fully and completely as though the
Administrative Agent were the absolute owner thereof for all purposes, and do, at the
Administrative Agent’s option and such Pledgor’s expense, at any time, or from time to time, all
acts and things that the Administrative Agent deems necessary to protect, preserve or realize upon
the Collateral and the Secured Parties’ security interests therein and to effect the intent of this
Agreement, all as fully and effectively as such Pledgor might do.

Each Pledgor hereby acknowledges, consents and agrees that the power of attorney granted pursuant
to this Section is irrevocable and coupled with an interest.

5.2 Administrative Agent May Perform. If any Pledgor fails to perform any agreement contained
herein, the Administrative Agent may itself perform, or cause performance of, such agreement upon
notice and expiration of the applicable cure period, and the reasonable expenses of the
Administrative Agent incurred in connection therewith shall be payable by such Pledgor pursuant to
Section 6.5.

 

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5.3 Administrative Agent Has No Duty. (a) In addition to, and not in limitation of,
Section 2.7, the powers conferred on the Administrative Agent hereunder are solely to
protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any
duty on it to
exercise any such powers. Neither the Administrative Agent nor any of its officers, directors,
employees or agents shall be liable for failure to demand, collect or realize upon any of the
Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise
dispose of any Collateral upon the request of any Pledgor or any other Person or to take any other
action whatsoever with regard to the Collateral or any part thereof (including the taking of any
necessary steps to preserve rights against prior parties or any other rights pertaining to any
Collateral). Neither the Administrative Agent nor any of its officers, directors, employees or
agents shall be responsible to any Pledgor for any act or failure to act hereunder, except for
their own gross negligence or willful misconduct.

(b) Each Pledgor assumes all responsibility and liability arising from or relating to the use,
sale or other disposition of the Collateral. The Secured Obligations shall not be affected by any
failure of the Administrative Agent to take any steps to perfect the pledge and security interest
granted hereunder or to collect or realize upon the Collateral, nor shall loss or damage to the
Collateral release any Pledgor from any of its Secured Obligations.

ARTICLE VI

REMEDIES

6.1 Certain Remedies. If any Event of Default shall have occurred and be continuing:

(a) The Administrative Agent may exercise in respect of the Collateral, in addition to other
rights and remedies provided for herein or otherwise available to it, all the rights and remedies
of a secured party on default under the UCC and also may, without demand of performance or other
demand, presentment, protest, advertisement or notice of any kind (except any notice required by
applicable Law referred to below) to or upon any Pledgor or any other Person (all and each of which
demands, defenses, advertisements and notices are hereby waived), sell, lease, assign, give option
or options to purchase, or otherwise dispose of and deliver the Collateral or any part thereof (or
contract to do any of the foregoing) in one or more parcels at public or private sale, at any of
the Administrative Agent’s offices or elsewhere, for cash, on credit or for future delivery, and
upon such other terms as the Administrative Agent may deem commercially reasonable. Each Pledgor
agrees that, to the extent notice of sale shall be required by applicable Law, at least ten (10)
days’ prior notice to such Pledgor of the time and place of any public sale or the time after which
any private sale is to be made shall constitute reasonable notification. The Administrative Agent
shall not be obligated to make any sale of Collateral regardless of notice of sale having been
given. The Administrative Agent may adjourn any public or private sale from time to time by
announcement at the time and place fixed therefor, and such sale may, without further notice, be
made at the time and place to which it was so adjourned.

(b) The Administrative Agent may:

(i) transfer all or any part of the Collateral into the name of the Administrative Agent or
its nominee, with or without disclosing that such Collateral is subject to the lien and security
interest hereunder;

 

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(ii) notify the parties obligated on any of the Collateral to make payment to the
Administrative Agent of any amount due or to become due thereunder;

(iii) enforce collection of any of the Collateral by suit or otherwise, and surrender, release
or exchange all or any part thereof, or compromise or extend or renew for any period (whether or
not longer than the original period) any obligations of any nature of any party with respect
thereto;

(iv) endorse any checks, drafts, or other writings in each Pledgor’s name to allow collection
of the Collateral;

(v) take control of any proceeds of the Collateral;

(vi) execute (in the name, place and stead of each Pledgor) indorsements, assignments, stock
powers and other instruments of conveyance or transfer with respect to all or any of the
Collateral; and

(vii) enforce compliance with, and take any and all actions with respect to, a LLC Agreement
or Partnership Agreement, as the case may be, to the full extent as though the Administrative Agent
were the absolute owner of the Pledged Membership Interests, Pledged Partnership Interests and
other Collateral, including the right to receive all distributions and other payments that are made
pursuant to such LLC Agreement or Partnership Agreement, as the case may be.

The Administrative Agent shall give the Pledgors ten (10) days’ written notice (which each
Pledgor agrees is reasonable notice within the meaning of Section 9-612 of the UCC) of the
Administrative Agent’s intention to make any sale of Collateral. Such notice, in the case of a
public sale, shall state the time and place for such sale and, in the case of a sale at a broker’s
board or on a securities exchange, shall state the board or exchange at which such sale is to be
made and the day on which the Collateral, or portion thereof, will first be offered for sale at
such board or exchange. Any such public sale shall be held at such time or time within ordinary
business hours and at such place or places as the Administrative Agent may fix and state in the
notice (if any) of such sale. At any such sale, the Collateral, or portion thereof, to be sold may
be sold in one lot as an entirety or in separate parcels, as the Administrative Agent may (in its
sole and absolute discretion) determine. The Administrative Agent shall not be obligated to make
any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice
of sale of such Collateral shall have been given. The Administrative Agent may, without notice or
publication adjourn any public or private sale or cause the same to be adjourned from time to time
by announcement at the time and place fixed for sale, and such sale may, without further notice, be
made at the time and place to which the same was so adjourned. In case any sale of all or any part
of the Collateral is made on credit or for future delivery, the Collateral so sold may be retained
by the Administrative Agent until the sale price is paid by the purchase or purchasers thereof, but
the Administrative Agent shall not incur any liability in case any such purchaser or purchasers
shall fail to take up and pay for the Collateral so sold and, in case of any such failure, such
Collateral may be sold again upon like notice. At any public (or, to the extent permitted by Law,
private) sale made pursuant to this Section, the Administrative Agent (for the Secured Parties) may
bid for or purchase, free (to the extent permitted by Law) from any right of
redemption, stay, valuation or appraisal on the part of any Pledgor (all said rights being
also hereby waived and released to the extent permitted by Law), the Collateral or any part thereof
offered for sale and may make payment on account thereof by using any claim then due and payable to
such Secured Party from any Pledgor as a credit against the purchase price, and the Administrative
Agent (for such Secured Party) may upon compliance with the terms of sale, hold, retain and dispose
of such property without further accountability to any Pledgor therefor.

 

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6.2 Securities Laws. If the Administrative Agent shall determine to exercise its right to
sell all or any of the Collateral pursuant to Section 6.1, each Pledgor agrees that, upon
request of the Administrative Agent, such Pledgor will, at its own expense:

(a) execute and deliver, and cause each issuer of the Collateral contemplated to be sold and
the directors and officers thereof to execute and deliver, all such instruments and documents, and
do or cause to be done all such other acts and things, as may be necessary or, in the opinion of
the Administrative Agent, advisable to register such Collateral under the provisions of the
Securities Act of 1933, as from time to time amended (the “Securities Act”), and to cause
the registration statement relating thereto to become effective and to remain effective for such
period as prospectuses are required by Law to be furnished, and to make all amendments and
supplements thereto and to the related prospectus which, in the opinion of the Administrative
Agent, are necessary or advisable, all in conformity with the requirements of the Securities Act
and the rules and regulations of the Securities and Exchange Commission applicable thereto;

(b) use its best efforts to qualify the Collateral under the state securities or “Blue Sky”
Laws and to obtain all necessary governmental approvals for the sale of the Collateral, as
requested by the Administrative Agent;

(c) cause each such issuer to make available to its security holders, as soon as practicable,
an earnings statement that will satisfy the provisions of Section 11(a) of the Securities Act; and

(d) do or cause to be done all such other acts and things as may be necessary to make such
sale of the Collateral or any part thereof valid and binding and in compliance with applicable Law.

Each Pledgor further acknowledges the impossibility of ascertaining the amount of damages that
would be suffered by the Administrative Agent or the Secured Parties by reason of the failure by
such Pledgor to perform any of the covenants contained in this Section 6.2 and,
consequently, to the extent permitted under applicable Law, agrees that, if such Pledgor shall fail
to perform any of such covenants, it shall pay, as liquidated damages and not as a penalty, an
amount equal to the value (as determined by the Administrative Agent) of the Collateral on the date
the Administrative Agent shall demand compliance with this Section 6.2.

 

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6.3 Compliance with Restrictions. Each Pledgor agrees that in any sale of any of the
Collateral whenever an Event of Default shall have occurred and be continuing, the Administrative
Agent is hereby authorized to comply with any limitation or restriction in connection with such
sale as it may be advised by counsel is necessary in order to avoid any
violation of applicable Law (including compliance with such procedures as may restrict the
number of prospective bidders and purchasers, require that such prospective bidders and purchasers
have certain qualifications, and restrict such prospective bidders and purchasers to persons who
will represent and agree that they are purchasing for their own account for investment and not with
a view to the distribution or resale of such Collateral), or in order to obtain any required
approval of the sale or of the purchaser by any Governmental Authority or official, and each
Pledgor further agrees that such compliance shall not result in such sale being considered or
deemed not to have been made in a commercially reasonable manner, nor shall the Administrative
Agent be liable nor accountable to any Pledgor for any discount allowed by reason of the fact that
such Collateral is sold in compliance with any such limitation or restriction.

6.4 Application of Proceeds. All cash proceeds received by the Administrative Agent in
respect of any sale of, collection from, or other realization upon, all or any part of the
Collateral shall be applied (after payment of any amounts payable to the Administrative Agent
pursuant to Section 6.2 of the Security Agreement and Section 6.5 below) in whole or in
part by the Administrative Agent for the ratable benefit of the Secured Parties against all or any
part of the Secured Obligations in accordance with Section 8.03 of the Credit Agreement. Any
surplus of such cash or cash proceeds held by the Administrative Agent and remaining after payment
in full in cash of all the Secured Obligations and the termination of this Agreement as provided in
Section 2.9(b) hereof, shall be paid over to the applicable Pledgor or to whomsoever may be
lawfully entitled to receive such surplus.

6.5 Indemnity and Expenses. Each Pledgor agrees to jointly and severally indemnify the
Administrative Agent (and any sub-agent thereof), each other Secured Party, and each Related Party
of any of the foregoing Person (each such Person being called an “Indemnitee”) against, and
hold each such Indemnitee harmless from, any and all losses, claims, damages, liabilities or
related, reasonable, out-of-pocket expenses (including the reasonable fees, charges and
disbursements of any counsel for any Indemnitee); provided, that, as long as no
Default exists Pledgors shall engage and pay for defense counsel that is reasonably acceptable to
the Secured Parties in connection with claims brought by third parties and Secured Parties may
engage separate counsel under such circumstances at their own expense (it being understood that
upon the occurrence of an Event of Default, all counsel shall be at the cost and expense of
Pledgors), incurred by any Indemnitee or asserted against any Indemnitee by any third party or by
any Borrower or other Loan Party arising out of, in connection with, this Agreement and the other
Loan Documents (including enforcement of this Agreement and the other Loan Documents);
provided that such indemnity shall not, as to any Indemnitee, be available to the extent
that such losses, claims, damages, liabilities and related expenses (x) are determined by a court
of competent jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of such Indemnitee or (y) result from a claim brought by the Loan
Party against an Indemnitee for intentional breach of such Indemnitee’s obligations hereunder or
under any other Loan Document, if such other Loan Party has obtained a final and nonappealable
judgment in its favor on such claim as determined by a court of competent jurisdiction. Each
Pledgor will, upon demand, pay to the Administrative Agent the amount of any and all reasonable
expenses, including its reasonable counsel fees, charges and disbursements, and the reasonable fees
and disbursements of any experts and agents, which the
Administrative Agent may incur, subject to the foregoing limitations, in connection with the
following:

(a) the administration of this Agreement and the other Loan Documents;

 

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(b) the custody, preservation, use or operation of, or the sale of, collection from, or other
realization upon, any of the Collateral;

(c) the exercise or enforcement of any of the rights of the Administrative Agent hereunder or
of any Secured Party; or

(d) the failure by any Pledgor to perform or observe any of the provisions hereof.

6.6 Waivers. Each Pledgor hereby waives any right, to the extent permitted by applicable Law,
to receive prior notice of or a judicial or other hearing with respect to any action or prejudgment
remedy or proceeding by the Administrative Agent to take possession, exercise control over or
dispose of any item of Collateral where such action is permitted under the terms of this Agreement
or any other Loan Document or by applicable Laws or the time, place or terms of sale in connection
with the exercise of the Administrative Agent’s rights hereunder. Each Pledgor waives, to the
extent permitted by applicable Laws, any bonds, security or sureties required by the Administrative
Agent with respect to any of the Collateral. Each Pledgor also waives any damages (direct,
consequential or otherwise) occasioned by the enforcement of the Administrative Agent’s rights
under this Agreement or any other Loan Document, including, the taking of possession of any
Collateral, all to the extent that such waiver is permitted by applicable Laws. These waivers and
all other waivers provided for in this Agreement and the other Loan Documents have been negotiated
by the parties and each Pledgor acknowledges that it has been represented by counsel of its own
choice and has consulted such counsel with respect to its rights hereunder.

ARTICLE VII

MISCELLANEOUS PROVISIONS

7.1 Loan Document. (a) This Agreement is a Loan Document executed pursuant to the Credit
Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and
applied in accordance with the terms and provisions thereof.

(b) Concurrently herewith each Pledgor is executing and delivering the Security Agreement
pursuant to which such Pledgor is granting a security interest to the Administrative Agent in
certain properties and assets of such Pledgor (other than the Collateral hereunder). Such security
interests shall be governed by the terms of the Security Agreement and not by this Agreement.

7.2 Amendments, etc.; Additional Pledgors; Successors and Assigns.

(a) No amendment to or waiver of any provision of this Agreement nor consent to any departure
by any Pledgor herefrom, shall in any event be effective unless the same shall be in writing and
signed by the Administrative Agent and, with respect to any such
amendment, by the Pledgors, and then such waiver or consent shall be effective only in the
specific instance and for the specific purpose for which given.

 

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(b) Upon the execution and delivery by any Person of a Joinder Agreement, (i) such Person
shall be referred to as an “Additional Pledgor” and shall be and become a Pledgor, and each
reference in this Agreement to “Pledgor” shall also mean and be a reference to such Additional
Pledgor and (ii) the attachment supplement attached to each Joinder Agreement shall be incorporated
into and become a part of and supplement Schedule I hereto, and the Administrative Agent
may attach such attachment supplements to Schedule I, and each reference to Schedule
I shall mean and be a reference to Schedule I, as supplemented pursuant hereto.

(c) Upon delivery by the Borrower of each certificate of Responsible Officers certifying a
supplement to Schedule I pursuant to Section 4.1(b), the schedule supplement
attached to each such certificate shall be incorporated into and become part of and supplement
Schedule I hereto, and the Administrative Agent may attach such schedule supplement to such
Schedule and each reference to such Schedule shall mean and be a reference to such Schedule, as
supplemented pursuant hereto.

(d) This Agreement shall be binding upon each Pledgor and its successors, transferees and
assigns and shall inure to the benefit of the Administrative Agent and each other Secured Party and
their respective successors, transferees and assigns; provided, however, that no Pledgor may assign
its obligations hereunder without the prior written consent of the Administrative Agent.

7.3 Addresses for Notices. All notices and other communications provided for hereunder shall
be in writing and mailed, delivered or transmitted by telecopier to either party hereto at the
address set forth in Section 10.02 of the Credit Agreement (with any notice to a Pledgor other than
the Borrower being delivered to such Pledgor in care of the Borrower). All such notices and other
communications shall be deemed to be given or made at the times provided in Section 10.02 of the
Credit Agreement.

7.4 Section Captions. Section captions used in this Agreement are for convenience of
reference only, and shall not affect the construction of this Agreement.

7.5 Severability. If any provision of this Agreement is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this
Agreement 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.

7.6 Counterparts. 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.

 

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7.7 Governing Law, etc. (a) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW
YORK APPLICABLE TO AGREEMENTS MADE AND PERFORMED ENTIRELY WITHIN SUCH STATE, EXCEPT TO THE
EXTENT THAT THE VALIDITY OR PERFECTION OF THE SECURITY INTEREST HEREUNDER, OR REMEDIES HEREUNDER,
IN RESPECT OF ANY PARTICULAR COLLATERAL ARE GOVERNED BY THE LAWS OF A JURISDICTION OTHER THAN THE
STATE OF NEW YORK; PROVIDED, THAT THE ADMINISTRATIVE AGENT SHALL RETAIN ALL RIGHTS ARISING
UNDER FEDERAL LAW.

(b) EACH PLEDGOR 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; PROVIDED,
HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY SHALL
BE BROUGHT, AT THE ADMINISTRATIVE AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE SUCH
COLLATERAL OR OTHER PROPERTY MAY BE FOUND. 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 OR ANY OTHER SECURED PARTY MAY OTHERWISE HAVE
TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY
PLEDGOR OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION.

(c) EACH PLEDGOR 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) EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR
NOTICES IN SECTION 7.3. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY
HERETO TO SERVE
PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

 

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7.8 Waiver of Jury Trial. EACH PARTY TO THIS AGREEMENT HEREBY IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO TRIAL BY JURY OF 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.

7.9 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 OR BY PRIOR OR CONTEMPORANEOUS WRITTEN AGREEMENTS. THERE
ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

7.10 Amendment and Restatement.

(a) The Pledgors and the Administrative Agent on behalf of the Secured Parties hereby agree
that upon the effectiveness of this Agreement, the terms and provisions of the Existing Pledge
Agreement which in any manner govern or evidence the obligations arising hereunder, the rights and
interests of the Secured Parties and any terms, conditions or matters related to any thereof, shall
be and hereby are amended and restated in their entirety by the terms, conditions and provisions of
this Agreement, and the terms and provisions of the Existing Pledge Agreement, except as otherwise
expressly provided herein, shall be superseded by this Agreement.

(b) Notwithstanding this amendment and restatement of the Existing Pledge Agreement, including
anything in this Section 7.10, except as set forth in Section 7.10(c) below, (i)
all of the indebtedness, liabilities and obligations owing by the Pledgors under the Existing
Pledge Agreement shall continue as obligations hereunder and thereunder and shall be and remain
secured by this Agreement, (ii) the Existing Pledge Interest shall continue as a security interest
hereunder, and (iii) this Agreement is given as a substitution of, and not as a payment of the
indebtedness, liabilities and obligations of the Pledgors under the Existing Pledge Agreement and
neither the execution and delivery of this Agreement nor the consummation of any other transaction
contemplated hereunder is intended to constitute a novation of the Existing Pledge Agreement or the
Existing Security Interest created thereunder.

(c) Effective as of the Closing Date, the Administrative Agent, on behalf of the Secured
Parties, hereby terminates, releases and discharges the Existing Security Interests in
the Excluded Subsidiary Collateral.

[Signature Pages Follow]

 

- 22 -

 

IN WITNESS WHEREOF, each Pledgor has caused this Agreement to be duly executed and delivered
by its respective officer thereunto duly authorized as of the date first above written.

	 	 	 	 	 	 	 	 	 
	 	 	INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation	 	 
	 	 	INTEGRA LIFESCIENCES CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Executive Vice President, Finance and	 	 
	 

	 	 	 	 	 	Administration & Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	ENDOSOLUTIONS, INC., a Delaware corporation	 	 
	 	 	INTEGRA LUXTEC, INC., a Massachusetts corporation	 	 
	 	 	INTEGRA NEUROSCIENCES (INTERNATIONAL), INC.,

 a Delaware corporation	 	 
	 	 	INTEGRA RADIONICS, INC., a Delaware corporation	 	 
	 	 	ISOTIS ORTHOBIOLOGICS, INC., a Washington corporation	 	 
	 	 	J. JAMNER SURGICAL INSTRUMENTS, INC.,

 a Delaware corporation	 	 
	 	 	MILTEX, INC., a Delaware corporation	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	MINNESOTA SCIENTIFIC, INC., a Minnesota corporation	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Vice President and Chief Financial Officer	 	 

AMENDED AND RESTATED PLEDGE AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	THEKEN SPINE, LLC, an Ohio limited liability company	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	INTEGRA LIFESCIENCES CORPORATION, its sole member	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	John B. Henneman, III	 	 
	 

	 	 	 	Title:
	 	Executive Vice President, Finance	 	 
	 

	 	 	 	 	 	and Administration & Chief Financial Officer	 	 

AMENDED AND RESTATED PLEDGE AGREEMENT

Signature Page

 

 

 

ACKNOWLEDGED AND ACCEPTED:

	 	 	 	 	 
	BANK OF AMERICA, N.A., as Administrative Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

AMENDED AND RESTATED PLEDGE AGREEMENT

Signature Page

 

 

 

SCHEDULE I TO PLEDGE AGREEMENT

Item A. Pledged Notes

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Original Principal	 
	Pledgor	 	Securities Issuer (Jurisdiction of Organization)	 	Date	 	Amount	 
	Integra LifeSciences Holdings Corporation
	 	Integra LifeSciences  Corporation	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	EndoSolutions, Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	J. Jamner Surgical Instruments, Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	Integra Luxtec, Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	Integra NeuroSciences (International), Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	Integra Radionics, Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	IsoTis OrthoBiologics, Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	Miltex, Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Holdings Corporation
	 	Minnesota Scientific, Inc.	 	8/10/2010	 	$	600,000,000	 
	Integra LifeSciences Corporation
	 	Theken Spine, LLC	 	8/10/2010	 	$	600,000,000	 

Additional Pledged Notes held by each Pledgor as are listed on the attachment, as well as
intercompany loans made by each Pledgor from time to time under an Intercompany Investment and
Pooling Agreement dated as of April 15, 2010 among Integra LifeSciences Corporation and the Pooling
Participants.

 

 

 

Attachment to Schedule I to Pledge Agreement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Loan	 	Repaid	 	 	 	 	 	 	 	 	 	 	 
	Ref	 	Date	 	Date	 	Borrower	 	Lender	 	 	 	Amount	 	 	 
	H
	 	5.12.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	101,000,000.00	 	 	 
	I
	 	7.05.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	6,000,000.00	 	 	 
	L
	 	7.31.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	39,515,000.00	 	 	 
	P
	 	12.31.06	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	48,943,866.58	 	 	 
	W
	 	05.07.07	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	30,000,000.00	 	 	 
	X
	 	05.11.07	 	 	 	Integra LifeSciences Corporation	 	Integra LifeScience Holdings	 	USD	 	$	4,000,000.00	 	 	 
	AG
	 	12.28.07	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	3,500,000.00	 	 	 
	AO
	 	07.28.08	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	75,000,000.00	 	 	 
	BJ
	 	07.28.08	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	5,000,000.00	 	 	 
	BV
	 	11.30.09	 	 	 	Integra LifeSciences Corporation	 	Integra LifeSciences Holdings	 	USD	 	$	15,000,000.00	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	$	327,958,866.58	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	B
	 	12.22.04	 	 	 	J. Jamner Surgical Instruments, Inc.	 	Integra LifeScience Holdings	 	USD	 	$	24,000,000.00	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Q
	 	12.31.06	 	 	 	Integra Radionics	 	Integra LifeSciences Corporation	 	USD	 	$	4,966,897.00	 	 	 
	CB
	 	05.07.07	 	 	 	Integra Radionics	 	Integra LifeSciences Corporation	 	USD	 	$	30,000,000.00	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	$	34,966,897.00	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	AP
	 	08.01.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	75,000,000.00	 	 	 
	BL
	 	02.10.09	 	 	 	Theken Spine LLC	 	Integra LifeSciences Corporation	 	USD	 	$	3,924,467.94	 	 	 
	BR
	 	09.11.09	 	 	 	Theken Spine LLC	 	Integra LifeSciences Corporation	 	USD	 	$	9,270,001.53	 	 	 
	BT
	 	09.11.09	 	 	 	Theken Spine LLC	 	Integra LifeSciences Corporation	 	USD	 	$	254,100.00	 	 	 
	AQ
	 	08.12.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	2,000,000.00	 	 	 
	AS
	 	08.12.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	150,000.00	 	 	 
	AR
	 	08.12.08	 	 	 	Theken Spine, LLC	 	Integra LifeSciences Corporation	 	USD	 	$	250,000.00	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	$	90,848,569.47	 	 	subtotal
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	K
	 	7.05.06	 	 	 	Integra LifeScience (Canada) Holdings Inc.	 	Integra LifeSciences Corporation	 	USD	 	$	5,761,094.61	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	O
	 	10.03.06	 	 	 	Integra NeuroSciences Holdings BV	 	Integra LifeSciences Corporation	 	EUR	 	€	105,000.00	 	 	 

 

 

Item B. Pledged Shares

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Authorized	 	 	 	 	 	% of	 	 	 	 
	 	 	Securities Issuer (Jurisdiction of	 	Shares	 	Outstanding	 	 	Shares	 	 	Certificate	 
	Pledgor	 	Organization)	 	Interests	 	Shares	 	 	Pledged	 	 	No.	 
	Integra LifeSciences Holdings Corporation
	 	Integra LifeSciences  Corporation	 	100 common	 	 	100	 	 	 	100	%	 	 	2	 
	Integra LifeSciences Corporation
	 	J. Jamner Surgical Instruments, Inc.	 	2,000 common	 	 	500	 	 	 	100	%	 	 	124	 
	Integra LifeSciences Corporation
	 	Integra NeuroSciences (International), Inc.	 	3,000 common	 	 	100	 	 	 	100	%	 	 	2	 
	Integra LifeSciences Corporation
	 	Integra Radionics, Inc.	 	1,000 common	 	 	100	 	 	 	100	%	 	 	1	 
	Integra LifeSciences Corporation
	 	Miltex, Inc.	 	1,000 common	 	 	100	 	 	 	100	%	 	 	3	 
	Miltex, Inc.
	 	EndoSolutions, Inc.	 	1,000 common	 	 	100	 	 	 	100	%	 	 	3	 
	Integra Radionics, Inc.
	 	Integra Luxtec, Inc.	 	100 common	 	 	100	 	 	 	100	%	 	 	1	 
	Integra LifeSciences Corporation
	 	Minnesota Scientific, Inc.	 	1,000,000 common	 	 	941,722	 	 	 	100	%	 	 	29	 
	Integra LifeSciences Corporation
	 	Integra LifeSciences  (Canada) Holdings, Inc.	 	1,000 common	 	 	100	 	 	 	100	%	 	 	1	 
	Integra LifeSciences Corporation
	 	IsoTis, Inc.	 	1,000 common	 	1,000 common	 	 	 	100	%	 	 	1	 
	Integra LifeSciences Corporation
	 	Precise Dental Holding Corp.	 	2,000 common	 	 	50 -2/3	 	 	 	100	%	 	 	15	 

 

 

 

Item C. Pledged Membership Interests

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Membership	 	 	 	 
	 	 	Securities Issuer	 	No. of	 	 	Interests %	 	 	 	 
	 	 	(Jurisdiction of	 	Membership	 	 	of Interests	 	 	Certificated	 
	Pledgor	 	Organization)	 	Interests	 	 	Pledged	 	 	Certificate No.	 
	Integra LifeSciences Corporation
	 	Theken Spine, LLC (Ohio)	 	 	1	 	 	 	100	%	 	 	2	 

Item D. Pledged Partnership Interests

None.

 

 

 

EXHIBIT A

to

Pledge Agreement

[Date]

INTERCOMPANY

PROMISSORY NOTE

$                     

FOR VALUE RECEIVED, the undersigned,                                         , (the “Maker”)
unconditionally promises to pay to the order of                                         , the “Payee”)
on demand, the principal sum of                      ($                    ), or if less, the aggregate
unpaid principal amount of each intercompany loan made by the Payee to the Maker. Terms used
herein and not otherwise defined herein shall have the meaning assigned to them in the Amended and
Restated Credit Agreement, dated as of August 10, 2010 (as amended, restated, supplemented,
renewed, extended or modified from time to time, the “Credit Agreement”), among the Payee,
the various financial institutions as are, or may from time to time become parties thereto and Bank
of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.

The unpaid principal amount of this promissory note (this “Note”) from time to time
outstanding shall bear interest at a rate per annum equal to the rate applicable at such time to
Base Rate Loans pursuant to Section 2.08 of the Credit Agreement, which the Maker
represents to be a lawful and commercially reasonable rate, and all payments of principal of and
interest on this Note shall be payable in lawful currency of the United States of America. All
such payments shall be made by the Maker to an account established by the Payee at such financial
institution as is specified by the Payee to the Maker from time to time and shall be recorded on
the grid attached hereto by the holder hereof (including the Administrative Agent (as hereinafter
defined), as pledgee). Upon the occurrence and during the continuance of any Event of Default (as
hereafter defined), and notice thereof by the Administrative Agent to the Maker, (a) the Maker
shall make every payment due under this Note, in same day funds, to such other account as the
Administrative Agent shall direct in such notice and (b) the Administrative Agent shall have all
rights of the Payee to collect and accelerate, and enforce all rights with respect to, the
indebtedness evidenced by this Note.

The Maker may not prepay the unpaid principal of this Note at any time after the occurrence
and during the continuance of an Event of Default.

Unless otherwise defined herein or the context otherwise requires, terms used herein have the
meanings provided in the Amended and Restated Pledge Agreement, dated as of August 10, 2010 (as
amended, supplemented, restated or otherwise modified from time to time, the “Pledge
Agreement”), from the Payee and certain other Persons in favor of the Bank of America, N.A., as
administrative agent (the “Administrative Agent”) for the Secured Parties referred to
therein.

EXHIBIT A

Intercompany Promissory Note

 

 

 

This Note is one of the Pledged Notes referred to in the Pledge Agreement and has been pledged
to the Administrative Agent as security for the Secured Obligations.

In addition to, but not in limitation of, the foregoing, the Maker further agrees to pay all
expenses, including reasonable attorneys’ fees and legal expenses, incurred by the holder
(including the Administrative Agent, as pledgee) of this Note endeavoring to collect any amounts
payable hereunder which are not paid when due, whether by acceleration or otherwise.

THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE
OF NEW YORK.

THE MAKER HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHTS IT MAY HAVE TO A
TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON THIS NOTE. THE MAKER ACKNOWLEDGES AND AGREES
THAT IT HAS RECEIVED FULL AND SUFFICIENT CONSIDERATION FOR THIS PROVISION AND THAT THIS PROVISION
IS A MATERIAL INDUCEMENT FOR THE PAYEE TO ACCEPT THIS NOTE.

	 	 	 	 	 	 	 
	 	 	[NAME OF MAKER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

EXHIBIT A

Intercompany Promissory Note

 

 

 

ENDORSEMENT

FOR VALUE RECEIVED, the undersigned, as the Payee under that certain Promissory Note dated
                     (the “Note”), by [Name of Maker] (together with its successors and
permitted assigns, the “Maker”) in favor of the undersigned, does hereby (a) sell, assign
and transfer unto
                    
                    
                    
                    
                    [*]
(“Assignee”) all right, title and interest of the undersigned in and to the Note and (b)
irrevocably direct the Maker to pay all amounts under the Note to the order of Assignee.

	 	 	 	 	 	 	 
	 	 	INTEGRA LIFESCIENCES HOLDINGS CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 

	 	Date:
	 	 	[*]
	 

	 	 	 	 

	 	 

 

	 	 	 
	1.	 	* to remain blank

EXHIBIT A

Intercompany Promissory Note

 

 

 

EXHIBIT J

FORM OF SECURITY AGREEMENT

See
attached

Form of Security Agreement

 

J-1

 

 

AMENDED AND RESTATED

SECURITY AGREEMENT

This AMENDED AND RESTATED SECURITY AGREEMENT, dated as of August 10, 2010 (as amended,
restated, amended and restated, supplemented or otherwise modified from time to time, this
“Agreement”), is made by INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation
(the “Borrower”), and each of the other Persons (such capitalized term and all other
capitalized terms not otherwise defined herein to have the meanings provided for in Article
I) listed on the signature pages hereof (such other Persons, together with the Additional
Grantors (as defined in Section 7.2(b)) and the Borrower are collectively referred to as
the “Grantors” and individually as a “Grantor”), in favor of BANK OF AMERICA, N.A.,
as administrative and collateral agent (in such capacity, the “Administrative Agent”) for
each of the Secured Parties (as defined in the Credit Agreement referred to below).

W I T N E S S E T H:

WHEREAS, certain of the Grantors entered into that certain Security Agreement dated as of
December 22, 2005 (as amended, supplemented or modified from time to time prior to the date hereof,
the “Existing Security Agreement”), pursuant to which certain of the Grantors granted to
the Secured Parties a security interest (the “Existing Security Interest”) in all right,
title or interest in or to any and all of certain assets and properties of the Debtor as more
specifically set forth therein; and

WHEREAS, pursuant to that certain Amended and Restated Credit Agreement, dated as of the date
hereof (as amended, restated, amended and restated, supplemented or otherwise modified from time to
time, the “Credit Agreement”), among the Borrower, the various financial institutions as
are, or may from time to time become, parties thereto and the Administrative Agent, the Secured
Parties have agreed to continue to make Credit Extensions and other financial accommodations
available to or for the benefit of the Grantors;

WHEREAS, as a condition precedent to the making of the initial Credit Extension under the
Credit Agreement, each Grantor is required to execute and deliver this Agreement; and

WHEREAS, each Grantor has duly authorized the execution, delivery and performance of this
Agreement;

 

 

 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and in order to induce the Lenders to make Credit Extensions (including the
initial Credit Extension) to the Borrower pursuant to the Credit Agreement, each Grantor agrees,
for the benefit of each Secured Party, as follows:

ARTICLE I

DEFINITIONS

1.1 Definitions. The following terms (whether or not underscored) when used in this
Agreement, including its preamble and recitals, shall have the following meanings (such definitions
to be equally applicable to the singular and plural forms thereof):

“Account” means a right to payment of a monetary obligation, whether or not earned by
performance (and shall include invoices, contracts, rights, accounts receivable, notes, refunds,
indemnities, interest, late charges, fees, undertakings, and all other obligations and amounts
owing to any Grantor from any Person):

(a) for property that has been or is to be sold, leased, licensed, assigned or otherwise
disposed of;

(b) for services rendered or to be rendered;

(c) for a policy of insurance issued or to be issued;

(d) for a secondary obligation incurred or to be incurred;

(e) for energy provided or to be provided;

(f) for the use or hire of a vessel under a charter or other contract;

(g) arising out of the use of a credit or charge card or information contained on or for use
with the card; or

(h) as winnings in a lottery or other game of chance operated or sponsored by a state,
governmental unit of a State, or Person licensed or authorized to operate the game by a State or
governmental unit of a State.

“Account Control Agreement” means an account control agreement in substantially the
form of Exhibit A-1 or A-2 hereto, as applicable, or otherwise in form and substance
reasonably satisfactory to the Administrative Agent, entered into among a Grantor, the
Administrative Agent and the bank or Securities Intermediary where a Deposit Account or Securities
Account, respectively, of such Grantor is maintained, as such agreement may be amended, restated,
amended and restated, supplemented or otherwise modified from time to time.

“Additional Grantors” is defined in Section 7.2(b).

“Administrative Agent” is defined in the preamble.

“Agreement” is defined in the preamble.

 

2

 

“Authenticate” means:

(a) to sign; or

(b) to execute or otherwise adopt a symbol, or encrypt or similarly process a record in whole
or in part, with the present intent of the authenticating Person to identify the Person and adopt
or accept a record.

“Borrower” is defined in the preamble.

“Chattel Paper” means a record or records that evidence both a monetary obligation and
a security interest in specific goods, a security interest in specific goods and software used in
the goods, a security interest in specific goods and license of software used in the goods, a lease
of specific goods, or a lease of specific goods and license of software used in the goods.

“Collateral” is defined in Section 2.1.

“Collateral Account” means, for each Grantor, a deposit account in the name of the
Administrative Agent and subject to the sole dominion and control of the Administrative Agent.

“Collateral License” is defined in Section 4.17.

“Commercial Tort Claim” means a claim arising in tort with respect to which:

(a) the claimant is an organization; or

(b) the claimant is an individual and the claim:

(i) arose in the course of the claimant’s business or profession; and

(ii) does not include damages arising out of personal injury to or the death of an individual.

“Commodity Account” means an account maintained by a Commodity Intermediary in which a
Commodity Contract is carried out for a Commodity Customer.

“Commodity Contract” means a commodity futures contract, an option on a commodity
futures contract, a commodity option or any other contract that, in each case, is

(a) traded on or subject to the rules of a board of trade that has been designated as a
contract market for such a contract pursuant to the federal commodities laws; or

(b) traded on a foreign commodity board of trade, exchange or market, and is carried on the
books of a Commodity Intermediary for a Commodity Customer.

“Commodity Customer” means a Person for whom a Commodity Intermediary carries a
Commodity Contract on its books.

 

3

 

“Commodity Intermediary” means:

(a) a Person who is registered as a futures commission merchant under the federal commodities
laws; or

(b) a Person who in the ordinary course of its business provides clearance or settlement
services for a board of trade that has been designated as a contract market pursuant to federal
commodities laws.

“Computer Hardware and Software Collateral” means, to the extent assignable:

(a) all computer and other electronic data processing hardware, integrated computer systems,
central processing units, memory units, display terminals, printers, features, computer elements,
card readers, tape drives, hard and soft disk drives, cables, electrical supply hardware,
generators, power equalizers, accessories and all peripheral devices and other related computer
hardware;

(b) all software programs (including both source code, object code and all related
applications and data files), whether now owned or hereafter acquired by each Grantor, designed for
use on the computers and electronic data processing hardware described in clause (a) above;

(c) all licenses and leases of software programs;

(d) all firmware associated therewith;

(e) all documentation (including flow charts, logic diagrams, manuals, guides and
specifications) with respect to such hardware, software and firmware described in the preceding
clauses (a) through (d); and

(f) all rights with respect to all of the foregoing, including any and all copyrights,
licenses, options, warranties, service contracts, program services, test rights, maintenance
rights, support rights, improvement rights, renewal rights and indemnifications and any
substitutions, replacements, additions, modifications or model conversions of any of the foregoing.

“Control” means the act or condition of gaining or maintaining control of collateral
by any appropriate method under the UCC.

“Credit Agreement” is defined in the second recital.

“Deposit Account” means a demand, time, savings, passbook, or similar account
(including all bank accounts, collection accounts and concentration accounts, together with all
funds held therein and all certificates and instruments, if any, from time to time representing or
evidencing such accounts) maintained with a bank.

“Documents” means a document of title or a receipt of the type described in Section
7-201(2) of the UCC.

“Electronic Chattel Paper” means Chattel Paper evidenced by a record or records
consisting of information stored in an electronic medium.

 

4

 

“Entitlement Holder” means a Person identified in the records of a Securities
Intermediary as the Person having a Security Entitlement against the Securities Intermediary. If a
person acquires a Security Entitlement by virtue of Section 8-501(b)(2) or (3) of the UCC, such
person is the Entitlement Holder.

“Equipment” means all machinery, equipment in all its forms, wherever located,
including all computers, furniture and furnishings, all other property similar to the foregoing
(including tools, parts, rolling stock and supplies of every kind and description), components,
parts and accessories installed thereon or affixed thereto and all parts thereof, and all fixtures
(other than those which Borrower has no right to remove from the applicable property) and all
accessories, additions, attachments, improvements, substitutions and replacements thereto and
therefor.

“Excluded Subsidiary Collateral” means all Collateral (as defined in the Existing
Security Agreement) in which the Administrative Agent, on behalf of the Secured Parties, was
granted a security interest by a Grantor under the Existing Security Agreement that is an Excluded
Subsidiary as of the Closing Date under the Credit Agreement.

“Existing Security Agreement” is defined in the first recital.

“Existing Security Interest” is defined in the first recital.

“Financial Asset” means:

(a) a Security;

(b) an obligation of a Person or a share, participation or other interest in a Person or in
property or an enterprise of a Person, which is, or is of a type, dealt with in or traded on
financial markets, or which is recognized in any area in which it is issued or dealt in as a medium
for investment; or

(c) any property that is held by a Securities Intermediary for another person in a Securities
Account if the Securities Intermediary has expressly agreed with the other Person that the property
is to be treated as a Financial Asset under Article 8 of the UCC. As the context requires, the
term Financial Asset shall mean either the interest itself or the means by which a Person’s claim
to it is evidenced, including a certificated or uncertificated Security, a certificate representing
a Security or a Security Entitlement.

“General Intangible” means any personal property, including things in action, Payment
Intangibles and software, other than Accounts, Chattel Paper, Commercial Tort Claims, Deposit
Accounts, Documents, Goods, Health-Care-Insurance Receivables, Instruments, Investment Property,
Letter-of-Credit Rights, letters of credit, money, and oil, gas, or other minerals before
extraction.

“Goods” means all things that are movable when a security interest attaches, including
computer programs embedded in goods and any supporting information provided in connection with a
transaction relating to the program if (i) the program is associated with the goods in such a
manner that is customarily considered part of the goods, or (ii) by becoming the owner of the
goods, a person acquires a right to use the program in connection with the goods.

 

5

 

“Grantor” and “Grantors” are defined in the preamble.

“Health-Care-Insurance Receivable” means an interest in or claim under a policy of
insurance which is a right to payment of a monetary obligation for health-care goods or services
provided.

“Indemnitee” is defined in Section 6.2.

“Instrument” means a negotiable instrument or any other writing that evidences a right
to the payment of a monetary obligation, is not itself a security agreement or lease, and is of a
type that in ordinary course of business is transferred by delivery with any necessary endorsement
or assignment.

“Intellectual Property” means all intellectual property, including inventions,
designs, patents, copyrights, trademarks, service marks, trade names, together with all goodwill
associated with the trademarks, service marks and trade names, trade secrets, confidential or
proprietary information, customer lists, know-how, software and databases; all embodiments or
fixations thereof, applications and registrations of any of the foregoing; and all licenses or
other rights to use any of the foregoing.

“Inventory” means Goods, other than farm products, which:

(a) are leased by a Person as lessor;

(b) are held by a Person for sale or lease or to be furnished under a contract of service;

(c) are furnished by a Person under a contract of service; or

(d) consist of raw materials, work in process, or materials used or consumed in a business,

and includes, without limitation, (i) finished goods, returned goods and materials and supplies of
any kind, nature or description which are or might be used in connection with the manufacture,
packing, shipping, advertising, selling or finishing of any of the foregoing; (ii) all goods in
which a Grantor has an interest in mass or a joint or other interest or right of any kind
(including goods in which Grantor has an interest or right as consignee); (iii) all goods which are
returned to or repossessed by any Grantor; and (iv) all accessions thereto, products thereof and
documents therefor.

“Investment Property” means all Securities (whether certificated or uncertificated),
Security Entitlements, Securities Accounts, Financial Assets, Commodity Contracts and Commodity
Accounts of each Grantor; provided, however, that Investment Property shall not
include any certificated Securities constituting Collateral (as defined in the Pledge Agreement) or
any securities issued by an Excluded Subsidiary.

 

6

 

“Letter-of-Credit Right” means a right to payment or performance under a letter of
credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment or
performance, but excludes the right of a beneficiary to demand payment or performance under a
letter of credit.

“Loan Documents” is defined in the Credit Agreement.

“Material Contract” is defined in the Credit Agreement.

“Material Contract Collateral” means, with respect to each Grantor, all Material
Contracts to which such Grantor is now or may hereafter become a party and all Accounts thereunder,
including (i) all rights of such Grantor to receive moneys due and to become due under or pursuant
to the Material Contracts, (ii) all rights of such Grantor to receive proceeds of any insurance,
indemnity, warranty or guaranty with respect to the Material Contracts, (iii) claims of such
Grantor for damages arising out of or for breach of or default under the Material Contracts and
(iv) the right of such Grantor to terminate the Material Contracts, to perform thereunder and to
compel performance and otherwise exercise all remedies thereunder.

“OFAC” means the U.S. Department of the Treasury’s Office of Foreign Assets Control.

“Payment Intangible” means a general intangible under which the account debtor’s
principal obligation is a monetary obligation.

“Pledge Agreement” is defined in the Credit Agreement.

“Pledged Excluded Subsidiary” means a Domestic Subsidiary that is an Excluded
Subsidiary, if any, the Equity Interests and related notes, dividends and proceeds of which have
been pledged to the Administrative Agent, for the benefit of the Secured Parties, under and in
accordance with the Pledge Agreement. 

“Proceeds” means the following property:

(a) whatever is acquired upon the sale, lease, license, exchange, or other disposition of the
Collateral;

(b) whatever is collected on, or distributed on account of, the Collateral;

(c) rights arising out of the Collateral; and

(d) to the extent of the value of the Collateral and to the extent payable to the debtor or
the secured party, insurance payable by reason of the loss or nonconformity of, defects or
infringement of rights in, or damage to, the Collateral.

“Receivables Collateral” means, collectively, Accounts, Health-Care-Insurance
Receivables, Documents, Instruments and Chattel Paper.

 

7

 

“Sanctioned Entity” means (i) an agency of the government of, (ii) an organization
directly or indirectly controlled by, or (iii) a person resident in a country that is subject to a
sanctions program identified on the list maintained by OFAC and available at
http://www.treas.gov/offices/eotffc/ofac/sanctions/index.html, or as otherwise published
from time to time as such program may be applicable to such agency, organization or person.

“Sanctioned Person” means a person named on the list of Specially Designated Nationals
or Blocked Persons maintained by OFAC available at
http://www.treas.gov/offices/eotffc/ofac/sdn/index.html, or as otherwise published from
time to time.

“Secured Cash Management Services Agreement” is defined in the Credit Agreement.

“Secured Obligations” is defined in Section 2.2.

“Secured Party” is defined in the Credit Agreement.

“Secured Swap Contract” is defined in the Credit Agreement.

“Securities” means any obligations of an issuer or any shares, participations or other
interests in an issuer or in property or an enterprise of an issuer which

(a) are represented by a certificate representing a security in bearer or registered form, or
the transfer of which may be registered upon books maintained for that purpose by or on behalf of
the issuer;

(b) are one of a class or series or by its terms is divisible into a class or series of
shares, participations, interests or obligations; and

(c) (i) are, or are of a type, dealt with or traded on securities exchanges or securities
markets or (ii) are a medium for investment and by their terms expressly provide that they are a
security governed by Article 8 of the UCC.

“Securities Account” shall mean an account to which a Financial Asset is or may be
credited in accordance with an agreement under which the Person maintaining the account undertakes
to treat the Person for whom the account is maintained as entitled to exercise rights that comprise
the Financial Asset.

“Security Entitlements” means the rights and property interests of an Entitlement
Holder with respect to a Financial Asset.

“Security Intermediary” means:

(a) a clearing corporation; or

(b) a Person, including a bank or broker, that in the ordinary course of its business
maintains securities accounts for others and is acting in that capacity.

 

8

 

“Supporting Obligation” means a Letter-of-Credit Right or secondary obligation that
supports the payment or performance of an Account, Chattel Paper, Document, General
Intangible, Instrument or Investment Property, including, without limitation, all security
agreements, guaranties, leases and other contracts securing or otherwise relating to any such
Accounts, Chattel Paper, Documents, General Intangible, Instruments or Investment Property,
including Goods represented by the sale or lease of delivery which gave rise to any of the
foregoing, returned or repossessed merchandise and rights of stoppage in transit, replevin,
reclamation and other rights and remedies of an unpaid vendor, lienor or secured party.

“Swap Bank” is defined in the Credit Agreement.

“Swap Contract” is defined in the Credit Agreement.

“Tangible Chattel Paper” means Chattel Paper evidenced by a record or records
consisting of information that is inscribed on a tangible medium.

“Termination Date” means the date on which the latest of the following events occurs:

(a) the payment in full in cash of the Secured Obligations, other than contingent
indemnification obligations;

(b) the termination or expiration of the Availability Period; and

(c) the termination or expiration of all Letters of Credit and all Secured Swap Contracts to
which a Swap Bank is a party.

“UCC” is defined in the Credit Agreement.

1.2 Credit Agreement Definitions. Unless otherwise defined herein or the context otherwise
requires, terms used in this Agreement, including its preamble and recitals, have the meanings
provided in the Credit Agreement.

1.3 UCC Definitions. Unless otherwise defined herein or the context otherwise requires, terms
for which meanings are provided in the UCC are used in this Agreement, including its preamble and
recitals, with such meanings.

1.4 Other Interpretive Provisions. The rules of construction in Sections 1.02 to 1.06 of the
Credit Agreement shall be equally applicable to this Agreement.

 

9

 

ARTICLE II

SECURITY INTEREST

2.1 Grant of Security. Each Grantor hereby assigns and pledges to the Administrative Agent
for its benefit and the ratable benefit of each of the Secured Parties, and hereby grants to the
Administrative Agent for its benefit and the ratable benefit of each of the Secured Parties a
security interest in, all of its right, title and interest in and to the following, whether now or
hereafter existing or acquired (collectively, the “Collateral”):

(a) all Equipment of such Grantor;

(b) all Inventory of such Grantor;

(c) all Receivables Collateral forms, including all Accounts, Documents, Instruments,
Health-Care-Insurance Receivables and Chattel Paper, of such Grantor;

(d) to the extent not included under clause (c) above, all Material Contract Collateral of
such Grantor;

(e) all General Intangibles, including all Payment Intangibles, of such Grantor;

(f) all Supporting Obligations of such Grantor;

(g) all Investment Property, including all Securities Accounts, of such Grantor;

(h) all Deposit Accounts of such Grantor;

(i) all Commercial Tort Claims of such Grantor described in Part E of Schedule
I hereto (as such Schedule may be supplemented from time to time pursuant to Section
4.14 or otherwise);

(j) all other Goods of such Grantor;

(k) all of such Grantor’s books, records, writings, data bases, information and other property
relating to, used or useful in connection with, evidencing, embodying, incorporating or referring
to, any of the foregoing in this Section 2.1;

(l) all of such Grantor’s other property and rights of every kind and description and
interests therein, including all moneys, securities and other property, now or hereafter held or
received by, or in transit to, the Administrative Agent or any Secured Party from or for such
Grantor, whether for safekeeping, pledge, custody, transmission, collection or otherwise; and

(m) all Proceeds of any and all of the foregoing Collateral.

Notwithstanding the foregoing, (i) no account, instrument, chattel paper or other obligation or
property of any kind due from, owed by, or belonging to, a Sanctioned Person or Sanctioned Entity,
(ii) no lease in which the lessee is a Sanctioned Person or Sanctioned Entity, (iii) no key man
life insurance policy of which the Borrower or any Guarantor is a beneficiary, (iv) no Minority
Equity Interests or Equity Interests in any Excluded Subsidiary (other than any Pledged Excluded
Subsidiary) and (v) no Intellectual Property shall be Collateral.

2.2 Security for Secured Obligations. The Collateral of each Grantor under this Agreement
secures the prompt and complete payment, performance and observance of all Obligations of such
Grantor and the other Loan Parties under the Loan Documents (including such Grantor’s Obligations
in respect of any Secured Swap Contract and any Secured Cash Management Services Agreement),
whether for principal, interest, costs, fees, expenses,
indemnities or otherwise and whether now or hereafter existing (all of such obligations being
the “Secured Obligations”).

 

10

 

2.3 Continuing Security Interest; Transfer of Credit Extensions. This Agreement shall create
a continuing security interest in the Collateral and shall remain in full force and effect until
the Termination Date, be binding upon each Grantor, its successors, transferees and assigns, and
inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit
of the Administrative Agent and each other Secured Party. Without limiting the generality of the
foregoing, any Secured Party may assign or otherwise transfer (in whole or in part) any Commitment
or Loan held by it to any other Person, and such other Person shall thereupon become vested with
all the rights and benefits in respect thereof granted to such Lender under any Loan Document
(including this Agreement) or otherwise, subject, however, to any contrary provisions in such
assignment or transfer, and to the provisions of Section 10.07 and Article IX of the Credit
Agreement.

2.4 Grantors Remain Liable. Anything herein to the contrary notwithstanding

(a) each Grantor shall remain liable under the contracts and agreements included in the
Collateral (including the Material Contracts) to the extent set forth therein, and shall perform
all of its duties and obligations under such contracts and agreements to the same extent as if this
Agreement had not been executed,

(b) each Grantor will comply in all material respects with all Laws relating to the ownership
and operation of the Collateral, including all registration requirements under applicable Laws, and
shall pay when due all taxes, fees and assessments imposed on or with respect to the Collateral,
except to the extent the same are being contested in good faith by appropriate actions or
proceedings for which adequate reserves in accordance with GAAP have been set aside by such
Grantor,

(c) the exercise by the Administrative Agent of any of its rights hereunder shall not release
any Grantor from any of its duties or obligations under any such contracts or agreements included
in the Collateral, and

(d) neither the Administrative Agent nor any other Secured Party shall have any obligation or
liability under any such contracts or agreements included in the Collateral by reason of this
Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform
any of the obligations or duties of any Grantor thereunder or to take any action to collect or
enforce any claim for payment assigned hereunder.

2.5 Security Interest Absolute. All rights of the Administrative Agent and the security
interests granted to the Administrative Agent hereunder, and all obligations of each Grantor
hereunder, shall be absolute and unconditional, irrespective of any of the following conditions,
occurrences or events:

(a) any lack of validity or enforceability of any Loan Document;

(b) the failure of any Secured Party to assert any claim or demand or to enforce any right or
remedy against the Borrower, any other Grantor or any other Person under
the provisions of any Loan Document or otherwise or to exercise any right or remedy against
any other guarantor of, or collateral securing, any Secured Obligation;

 

11

 

(c) any change in the time, manner or place of payment of, or in any other term of, all or any
of the Secured Obligations or any other extension, compromise or renewal of any Secured Obligation,
including any increase in the Secured Obligations resulting from the extension of additional credit
to any Grantor or any other obligor or otherwise;

(d) any reduction, limitation, impairment or termination of any Secured Obligation for any
reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not
be subject to (and each Grantor hereby waives any right to or claim of) any defense or setoff,
counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality,
nongenuineness, irregularity, compromise, unenforceability of, or any other event or occurrence
affecting, any Secured Obligation or otherwise;

(e) any amendment to, rescission, waiver, or other modification of, or any consent to
departure from, any of the terms of any Loan Document;

(f) any addition, exchange, release, surrender or non-perfection of any collateral (including
the Collateral), or any amendment to or waiver or release of or addition to or consent to departure
from any guaranty, for any of the Secured Obligations; or

(g) any other circumstances which might otherwise constitute a defense available to, or a
legal or equitable discharge of, Borrower, any other Grantor or otherwise.

2.6 Waiver of Subrogation. Until the Termination Date, no Grantor shall exercise any claim or
other rights which it may now or hereafter acquire against any other Grantor that arises from the
existence, payment, performance or enforcement of such Grantor’s Obligations under this Agreement,
including any right of subrogation, reimbursement, exoneration or indemnification, any right to
participate in any claim or remedy against any other Grantor or any Collateral which the
Administrative Agent now has or hereafter acquires, whether or not such claim, remedy or right
arises in equity or under contract, statute or common law, including the right to take or receive
from any other Grantor, directly or indirectly, in cash or other property or by setoff or in any
manner, payment or security on account of such claim or other rights. If any amount shall be paid
to any Grantor in violation of the preceding sentence, such amount shall be deemed to have been
paid for the benefit of the Secured Parties, and shall forthwith be paid to the Administrative
Agent to be credited and applied upon the Secured Obligations, whether matured or unmatured. Each
Grantor acknowledges that it will receive direct and indirect benefits for the financing
arrangements contemplated by the Loan Documents and that the agreement set forth in this Section is
knowingly made in contemplation of such benefits.

 

12

 

2.7 Release; Termination.

(a) Upon any sale, transfer or other disposition of any item of Collateral, whether direct or
indirect, of any Grantor in accordance with Section 7.05 of the Credit Agreement, the
Administrative Agent will, at such Grantor’s expense and without any representations, warranties or
recourse of any kind whatsoever, execute and deliver to such Grantor such documents as such Grantor
shall reasonably request to evidence the release of such
item of Collateral from the assignment and security interest granted hereby; provided,
however, that (i) at the time of such request and such release no Event of Default shall have
occurred and be continuing and (ii) such Grantor shall have delivered to the Administrative Agent,
at least ten Business Days prior to the date of the proposed release, a written request for release
describing the item of Collateral and the terms of the sale, lease, transfer or other disposition
in reasonable detail, including the price thereof and any expenses in connection therewith,
together with a form of release for execution by the Administrative Agent (which release shall be
in form and substance satisfactory to the Administrative Agent) and a certificate of such Grantor
to the effect that the transaction is in compliance with the Loan Documents and as to such other
matters as the Administrative Agent (or the Required Lenders through the Administrative Agent) may
reasonably request. The provisions of this Section 2.7(a) shall apply to Dispositions of the
capital stock of a Grantor (whether direct or indirect) in compliance with Section 7.05 of the
Credit Agreement.

(b) Upon the Termination Date, the pledge, assignment and security interest granted hereby
shall terminate and all rights to the Collateral shall revert to the applicable Grantor. Upon any
such termination, the Administrative Agent will, at the applicable Grantor’s expense and without
any representations, warranties or recourse of any kind whatsoever, execute and deliver to such
Grantor such documents as such Grantor shall reasonably request to evidence such termination and
deliver to such Grantor all Instruments, Tangible Chattel Paper and negotiable documents
representing or evidencing the Collateral then held by the Administrative Agent.

ARTICLE III

REPRESENTATIONS AND WARRANTIES

Each Grantor represents and warrants unto each Secured Party as set forth in this Article.

3.1 Scheduled Information. Set forth in the Schedules to this Agreement is the following
information for each Grantor, all of which is accurate and complete as of the Closing Date and as
of each date on which such Schedules are supplemented pursuant to Section 4.14 hereof:

(a) Location of Grantors. Item A of Schedule I hereto identifies for
such Grantor (i) the state in which it is organized, (ii) the relevant organizational
identification number (or states that one does not exist), and (iii) the principal place of
business and chief executive office of such Grantor and the office where such Grantor keeps its
records concerning the Collateral, and where the original copies of each Material Contract and all
originals of all Tangible Chattel Paper are located.

(b) Owned Properties. Except as disclosed in Item C of Schedule I
hereto (as such Schedule may be supplemented from time to time pursuant to Section 4.14
hereof), as of the date of this Agreement, or as of the date of the most recent such supplement,
all of the Equipment and Inventory of such Grantor are located at the places specified in Item
B of Schedule I hereto (as such Schedule may be supplemented from time to time pursuant
to Section 4.14 hereof), each of which locations is owned by a Grantor.

 

13

 

(c) Leased Properties; Warehouses; etc. Except as disclosed in Item C of
Schedule I hereto (as such Schedule may be supplemented from time to time pursuant to
Section 4.14(b) hereof), as of the date of this Agreement, or as of the date of the most
recent such supplement, none of the Collateral is in the possession of any consignee, bailee,
warehouseman, agent or processor, located on any leased property or subject to the Control of any
Person, other than the Administrative Agent, such Grantor or another Grantor.

(d) Trade Names. Except as set forth in Item D of Schedule I hereto,
such Grantor has no trade names and has not been known by any legal name different from the one set
forth on the signature page hereto.

(e) Commercial Torts Claims. Item E of Schedule I hereto (as such
Schedule may be supplemented from time to time pursuant to Section 4.14 hereof), describes
all Commercial Tort Claims owned by each Grantor as of the date hereof and as of the date of each
supplement to such Schedule delivered pursuant to Section 4.14 hereof.

(f) Government Contracts. Except as notified by such Grantor to the Administrative
Agent in writing, such Grantor is not a party to any one or more Federal, state or local government
contracts.

3.2 Negotiable Documents, Instruments, Chattel Paper and Material Contracts. Such Grantor has
delivered to the Administrative Agent possession of all originals of all negotiable Documents,
Instruments and Tangible Chattel Paper currently owned or held by such Grantor (duly endorsed in
blank, if requested by the Administrative Agent), and true and correct copies of each Material
Contract.

3.3 Intellectual Property.  The Loan Parties, together with any Pledged Excluded
Subsidiaries, own, possess or have the right to use all IP Rights that could reasonably be expected
to be material to the exercise by the Secured Parties of all or any material portion of their
respective rights and remedies hereunder and under the other Loan Documents, including, without
limitation, the Disposition of any of the “Collateral” (as defined in the Credit Agreement).

3.4 Loan Documents Representations. Each Grantor makes each representation and warranty made
in the Credit Agreement and the other Loan Documents by the Borrower or any other Loan Party with
respect to such Grantor as if such representation and warranty were expressly set forth herein.

 

14

 

ARTICLE IV

COVENANTS

Each Grantor covenants and agrees that, until the Termination Date, such Grantor will, unless
the Administrative Agent with the consent of the Required Lenders shall otherwise agree in writing,
perform the obligations set forth in this Section.

4.1 As to Collateral Generally.

(a) Until such time as the Administrative Agent shall notify the Grantors of the revocation of
such power and authority after the occurrence and continuation of any Event of Default, each
Grantor (i) may in the ordinary course of its business, at its own expense, sell, lease or furnish
under its contracts of service any of the Inventory normally held by such Grantor for such purpose,
and use and consume, in the ordinary course of its business, any raw materials, work in process or
materials normally held by such Grantor for such purpose, and sell or otherwise dispose of any
other Collateral to the extent permitted by Section 7.05 of the Credit Agreement, (ii) will, at its
own expense, to the extent commercially reasonable or otherwise as Grantor in good faith deems
advisable, endeavor to collect, as and when due, all amounts due with respect to any of the
Collateral, including the taking of such action with respect to such collection; and (iii) may
grant, in the ordinary course of business, to any party obligated on any of the Collateral, any
rebate, refund or allowance to which such party may be lawfully entitled in such Grantor’s
reasonable determination, and may accept, in connection therewith, the return of goods, the sale or
lease of which shall have given rise to such Collateral. The Administrative Agent, however, may,
at any time following the occurrence and during the continuance of any Event of Default, whether
before or after any revocation of such power and authority or the maturity of any of the Secured
Obligations, notify any parties obligated on any of the Collateral to make payment to the
Administrative Agent of any amounts due or to become due thereunder and enforce collection of any
of the Collateral by suit or otherwise and surrender, release, or exchange all or any part thereof,
or compromise or extend or renew for any period (whether or not longer than the original period)
any indebtedness thereunder or evidenced thereby. Upon request of the Administrative Agent after
the occurrence and during the continuance of any Event of Default, each Grantor will, at its own
expense, notify any parties obligated on any of the Collateral to make payment to the
Administrative Agent of any amounts due or to become due thereunder.

(b) The Administrative Agent is authorized to endorse, in the name of each Grantor, any item,
howsoever received by the Administrative Agent, representing any payment on or other proceeds of
any of the Collateral.

4.2 Insurance. Each Grantor will maintain or cause to be maintained insurance as provided in
Section 6.07 of the Credit Agreement. In the event that any Grantor at any time or times shall
fail to obtain or maintain any of the policies of insurance required by Section 6.07 of the Credit
Agreement or to pay any premium in whole or part relating thereto, the Administrative Agent may,
without waiving or releasing any obligation or liability of the Grantors hereunder or any Event of
Default, in its sole discretion, obtain and maintain such policies of insurance and pay such
premium and take any other actions with respect thereto as the Administrative Agent deems
advisable. All sums disbursed by the Administrative Agent in connection with this Section
including reasonable attorneys’ fees, court costs, expenses and other charges relating thereto,
shall be payable, upon demand, by the Grantors to the Administrative Agent and shall be additional
Secured Obligations secured hereby.

 

15

 

4.3 Transfers and Other Liens. No Grantor shall:

(a) sell, assign (by operation of Law or otherwise) or otherwise dispose of any of the
Collateral, except as permitted by Section 7.05 of the Credit Agreement; or

(b) create or suffer to exist any Lien upon or with respect to any of the Collateral, except
for the security interest created by this Agreement and except for Permitted Liens.

4.4 Inspections and Verification. The Administrative Agent shall have the inspection rights
set forth in Section 6.10 of the Credit Agreement.

4.5 As to Equipment and Inventory. Each Grantor hereby agrees that it shall

(a) keep all the Equipment and Inventory (other than Inventory sold in the ordinary course of
business) at the places therefor specified in Section 3.1(b) or (c) unless such
Grantor has given at least 10 days’ prior written notice to the Administrative Agent of another
location, whether by delivery of a supplement to Schedule I hereto delivered pursuant to
Section 4.15 hereto or otherwise, and all action, if any, necessary to maintain in
accordance with the terms hereof the Administrative Agent’s perfected first priority security
interest therein (including any action requested pursuant to Section 4.6) shall have been
taken with respect to the Equipment and Inventory;

(b) cause the Equipment to be maintained, preserved and protected in accordance with Section
6.06 of the Credit Agreement; and

(c) pay promptly when due all property and other taxes, assessments and governmental charges
or levies imposed upon, and all claims (including claims for labor, materials and supplies)
against, the Equipment and Inventory, except to the extent the same are being contested in good
faith by appropriate actions or proceedings and for which adequate reserves in accordance with GAAP
have been set aside.

4.6 [Intentionally deleted.]

4.7 As to Accounts, Chattel Paper, Documents and Instruments.

(a) Each Grantor shall: (i) keep its principal place of business and chief executive office
and the office where it keeps its records concerning the Receivables Collateral and all originals
of all Tangible Chattel Paper (until any such Tangible Chattel Paper is delivered to the
Administrative Agent pursuant to Section 4.10), located at the places therefor specified in
Section 3.1 unless the Borrower or such Grantor has given at least 30 days’ prior written
notice to the Administrative Agent, and all actions, if any, necessary to maintain the
Administrative Agent’s perfected first priority security interest shall have been taken with
respect to such Collateral; (ii) not change its name or jurisdiction of organization (whether
pursuant to a transaction permitted pursuant to Section 7.04 of the Credit Agreement or otherwise)
unless the Borrower or such Grantor has given at least 30 days’ prior written notice to the
Administrative Agent, and all actions necessary to maintain the Administrative Agent’s perfected
first priority security interest shall have taken with respect to the Collateral of such Grantor;
and (iii) hold and preserve such records and Chattel Paper (or copies of any such Chattel Paper so
delivered to the Administrative Agent).

 

16

 

(b) Upon written notice by the Administrative Agent to any Grantor, all Proceeds of Collateral
received by such Grantor shall be delivered in kind to the Administrative
Agent for deposit to the Collateral Account for such Grantor, and such Grantor shall not
commingle any such proceeds, and shall hold separate and apart from all other property, all such
Proceeds in express trust for the benefit of the Administrative Agent until delivery thereof is
made to the Administrative Agent. The Administrative Agent will not give the notice referred to in
the preceding sentence unless there shall have occurred and be continuing any Event of Default. No
funds, other than Proceeds of Collateral of a Grantor, will be deposited in the Collateral Account
for such Grantor.

(c) The Administrative Agent shall have the right to apply any amount in the Collateral
Account to the payment of any Secured Obligations which are due and payable or payable upon demand,
or to the payment of any Secured Obligations at any time that any Event of Default shall exist.
Subject to the rights of the Administrative Agent, the Borrower on behalf of each Grantor shall
have the right on each Business Day, with respect to and to the extent of collected funds in the
Collateral Account, to require the Administrative Agent to purchase any cash equivalent Investment
permitted under Section 7.02 of the Credit Agreement, provided that, in the case of certificated
securities, the Administrative Agent will retain possession thereof as Collateral and, in the case
of other Investment Property, the Administrative Agent will take such actions, including
registration of such Investment Property in its name, as it shall determine is necessary to perfect
its security interest therein. The Administrative Agent may at any time and shall promptly
following any Grantor’s request therefor, so long as no Event of Default has occurred and is
continuing, transfer to such Grantor’s general demand deposit account at the Administrative Agent
or its bank (if not the Administrative Agent) any or all of the collected funds in the Collateral
Account; provided, however, that any such transfer shall not be deemed to be a waiver or
modification of any of the Administrative Agent’s rights under this Section. None of the Grantors
will, without the Administrative Agent’s prior written consent, grant any extension of the time of
payment of any Receivables Collateral, compromise, compound or settle the same for less than the
full amount thereof, release, wholly or partly, any Person liable for the payment thereof or allow
any credit or discount whatsoever thereon, other than extensions, credits, discounts, compromises
or settlements granted or made in the ordinary course of business and consistent with its current
practices and in accordance with such prudent and standard practices used in industries that are
the same as or similar to those in which such Grantor is engaged.

4.8 As to the Material Contracts. Each Grantor shall at its expense furnish to the
Administrative Agent promptly upon receipt thereof copies of all material notices, requests and
other documents received by such Grantor under or pursuant to the Material Contracts, and from time
to time furnish to the Administrative Agent such information and reports regarding the Material
Contracts as the Administrative Agent may reasonably request and otherwise comply with the
provisions regarding Material Contracts set forth in Section 6.13 of the Credit Agreement.

4.9 Chattel Paper. Each Grantor will deliver to the Administrative Agent all Tangible Chattel
Paper duly endorsed and accompanied by duly executed instruments of transfer or assignment, all in
form and substance satisfactory to the Administrative Agent. Each Grantor will provide the
Administrative Agent with Control of all Electronic Chattel Paper, by having the Administrative
Agent identified as the assignee of the records(s) pertaining to the single authoritative copy
thereof and otherwise complying with the applicable elements of Control set
forth in the UCC. Each Grantor will also deliver to the Administrative Agent all security
agreements securing any Chattel Paper and execute UCC financing statement amendments assigning to
the Administrative Agent any UCC financing statements filed by such Grantor in connection with such
security agreements. Each Grantor will mark conspicuously all Chattel Paper with a legend, in form
and substance satisfactory to the Administrative Agent, indicating that such Chattel Paper is
subject to the Liens created hereunder.

 

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4.10 Letters of Credit. Each Grantor will deliver to the Administrative Agent all Letters of
Credit in which it is the beneficiary thereof, duly endorsed and accompanied by duly executed
instruments of transfer or assignment, all in form and substance satisfactory to the Administrative
Agent. Each Grantor will take any and all actions necessary (or requested by the Administrative
Agent), from time to time, to cause the Administrative Agent to obtain exclusive Control of any
Letter-of-Credit Rights owned by such Grantor in a manner acceptable to the Administrative Agent.

4.11 Commercial Tort Claims. Each Grantor shall advise the Administrative Agent promptly upon
such Grantor becoming aware, after the date hereof, that it owns any additional Commercial Tort
Claims in excess of $1,000,000. With respect to any such Commercial Tort Claims, such Grantor will
execute and deliver such documents as the Administrative Agent deems necessary to describe, create,
perfect and protect the Administrative Agent’s first priority security interest in such Commercial
Tort Claim.

4.12 Bank Accounts; Securities Accounts. Upon the occurrence and during the continuance of an
Event of Default and upon request by the Administrative Agent, each Grantor shall enter into an
Account Control Agreement with each financial institution with which such Grantor maintains from
time to time any Deposit Account or any Securities Account. Each Grantor hereby grants to the
Administrative Agent, for the benefit of the Administrative Agent and the Secured Parties, a
continuing security interest in all such Deposit Accounts and Securities Accounts and all funds and
Investment Property at any time paid, deposited, credited or held in such Deposit Accounts and
Securities Accounts (whether for collection, provisionally or otherwise) or otherwise in the
possession of such financial institutions, and each such financial institution shall act as the
Administrative Agent’s agent in connection therewith.

 

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4.13 Further Assurances, etc.

(a) Each Grantor agrees that, from time to time at its own expense, such Grantor will promptly
execute and deliver all further documents, financing statements, agreements and instruments, and
take all such further action, which may be required under applicable Law, or which the
Administrative Agent or Required Lenders may reasonably request, in order to perfect, preserve and
protect any security interest granted or purported to be granted hereby or to enable the
Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any
Collateral. Without limiting the generality of the foregoing, each Grantor will take each of the
following actions:

(i) [intentionally deleted.]

(ii) if any Account shall be evidenced by a promissory note or other instrument or negotiable
document, deliver and pledge to the Administrative Agent hereunder such promissory note, instrument
or negotiable document duly endorsed and accompanied by duly executed instruments of transfer or
assignment, all in form and substance reasonably satisfactory to the Administrative Agent;

(iii) execute and file such financing or continuation statements, or amendments thereto, and
such other instruments or notices (including any assignment of claim form under or pursuant to the
federal assignment of claims statute, 31 U.S.C. § 3726, any successor or amended version thereof or
any regulation promulgated under or pursuant to any version thereof), as may be necessary, or as
the Administrative Agent may reasonably request, in order to perfect and preserve the security
interests and other rights granted or purported to be granted to the Administrative Agent hereby;

(iv) furnish to the Administrative Agent, from time to time at the Administrative Agent’s
request, statements and schedules further identifying and describing the Collateral and such other
reports in connection with the Collateral as the Administrative Agent may reasonably request, all
in reasonable detail;

(v) take all actions that the Administrative Agent deems necessary or advisable to enforce
collection of the Receivables Collateral;

(vi) if requested by the Administrative Agent, cause the landlord, bailee, warehouseman or
processor with Control over any Equipment or Inventory of such Grantor to enter into a waiver
agreement or to transfer any such Equipment or Inventory to warehouses designated by the
Administrative Agent;

(vii) if requested by the Administrative Agent, each Grantor which owns or leases Equipment
which is subject to a certificate of title statute that requires notation of a lien thereon to
perfect a security interest therein shall deliver to the Administrative Agent all original
certificates of title for such Equipment, shall take all necessary steps to cause the
Administrative Agent’s security interest be perfected in accordance with such statute and deliver
to the Administrative Agent a schedule in reasonable detail describing such Equipment,
registration number, license number and all other information required to comply with such statute;
provided, however, that until the Administrative Agent makes such a request under
this clause, the parties hereto acknowledge that the security interest of the Administrative Agent
in such Collateral has not been perfected and all the representations and warranties, covenants
and Events of Default contained herein and in the other Loan Documents which would otherwise be
violated shall be deemed modified to reflect the foregoing and not be violated;

(viii) if requested by the Administrative Agent upon the occurrence and during the continuance
of an Event of Default, cause each bank or Securities Intermediary with which any Grantor maintains
a Deposit Account or Securities Account to enter into an Account Control Agreement with respect
thereto;

 

19

 

(ix) from time to time, promptly following the Administrative Agent’s request, execute and
deliver confirmatory written instruments pledging to the Administrative
Agent the Collateral, but any such Grantor’s failure to do so shall not affect or limit the
security interest granted hereby or the Administrative Agent’s other rights in and to the
Collateral; and

(x) notify the Agent promptly of any Collateral which constitutes a claim against the United
States government or any instrumentality or agent thereof in excess of $1,000,000, the assignment
of which is restricted by federal law. Upon the request of the Agent, Grantor shall take such
steps as may be necessary to comply with any applicable federal assignment of claims laws or other
comparable laws.

(b) With respect to the foregoing and the grant of the security interest hereunder, each
Grantor hereby authorizes the Administrative Agent to Authenticate and to file one or more
financing or continuation statements, and amendments thereto, for the purpose of perfecting,
continuing, enforcing or protecting the security interest granted by each Grantor, without the
signature of any Grantor, and naming any Grantor or the Grantors as debtors and the Administrative
Agent as secured party. A carbon, photographic, telecopied or other reproduction of this Agreement
or any financing statement covering the Collateral or any part thereof shall be sufficient as a
financing statement where permitted by Law.

4.14 Supplements to Scheduled Information.

(a) Without limiting the generality of Section 4.14, concurrently with the delivery by
the Borrower of each Compliance Certificate pursuant to Section 6.02(b) of the Credit Agreement,
the Borrower, on behalf of each Grantor, shall deliver to the Administrative Agent the following
applicable supplements to the Schedules hereto in such form as shall be reasonably satisfactory to
the Administrative Agent, together with a certificate of Responsible Officers certifying that, as
of the date thereof and after giving effect to the supplements to such Schedules delivered
therewith, the representations and warranties in Article III hereof are true and correct in
all material respects:

(i) a supplement to Item B of Schedule I hereto identifying any new location
owned by a Grantor where any Equipment or Inventory of such Grantor may be located which is not
already identified on such Schedule;

(ii) a supplement to Item E of Schedule I hereto describing any new Commercial
Tort Claim owned by such Grantor which is not described on such Schedule in excess of $5,000,000.

(b) Promptly after any written request by the Administrative Agent (which request shall be
made no more than once per fiscal quarter so long as no Event of Default has occurred and is
continuing), Borrower, on behalf of each Grantor, shall deliver to the Administrative Agent a
supplement to Item C of Schedule I hereto identifying any new consignee,
warehouseman, agent, bailee, processor, leased property or other similar location where any
Equipment or Inventory of such Grantor is located which is not already identified on such Schedule.

4.15 Amendments or Terminations Not Authorized. Grantor acknowledges that it is not
authorized to file any financing statement or amendment or termination statement with respect to a
financing statement filed in favor of the Agent without the prior written consent of
the Agent and agrees that it will not do so without the prior written consent of the Agent,
subject to Grantor’s rights under Section 9-5.13(c) of the UCC.

 

20

 

4.16 Certain Property. No Grantor owns (a) standing timber that is to be cut and removed
under a conveyance or contract for sale, (b) animals, (c) crops grown, growing, or to be grown,
even if the crops are produced on trees, vines or bushes, or (d) manufactured homes.

ARTICLE V

THE ADMINISTRATIVE AGENT

5.1 Appointment as Attorney-in-Fact. Each Grantor hereby irrevocably appoints the
Administrative Agent and any officer or agent thereof, with full power of substitution, as its true
and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of
such Grantor and in the name of such Grantor or in its own name, for the purpose of carrying out
the terms of this Agreement, to take, upon the occurrence and during the continuance of any Event
of Default, any and all appropriate action and to execute any and all documents and instruments
that may be necessary or desirable to accomplish the purposes of this Agreement. Without limiting
the generality of the foregoing, each Grantor hereby gives the Administrative Agent the power and
right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any or all of
the following:

(a) (i) demand payment of its Receivables Collateral; (ii) enforce payments of its
Receivables Collateral by legal proceedings or otherwise; (iii) exercise all of its rights and
remedies with respect to proceedings brought to collect its Receivables Collateral; (iv) sell or
assign its Receivables Collateral upon such terms, for such amount and at such times as the
Administrative Agent deems advisable; (v) settle, adjust, compromise, extend or renew any of its
Receivables Collateral; (vi) discharge and release any of its Receivables Collateral; (vii)
prepare, file and sign such Grantor’s name on any proof of claim in bankruptcy or other similar
document against any obligor of any of its Receivables Collateral; (viii) notify the post office
authorities to change the address for delivery of such Grantor’s mail to an address designated by
the Administrative Agent, and open and dispose of all mail addressed to such Grantor; (ix) endorse
such Grantor’s name upon any Chattel Paper, document, instrument, invoice, or similar document or
agreement relating to any Receivables Collateral or any goods pertaining thereto; and (x) endorse
such Grantor’s name upon any Chattel Paper, document, instrument, invoice, or similar document or
agreement relating to any Receivables Collateral or any goods pertaining thereto;

(b) pay or discharge taxes and Liens levied or placed on or threatened against the Collateral,
effect any repairs or any insurance called for by the terms of this Agreement and pay all or any
part of the premiums therefor and the costs thereof;

(c) execute, in connection with any sale or other disposition provided for in Section
6.1, any endorsements, assignments or other instruments of conveyance or transfer with respect
to the Collateral; and

 

21

 

(d) (i) direct any party liable for any payment under any of the Collateral to make payment of
any and all moneys due or to become due thereunder directly to the
Administrative Agent or as the Administrative Agent shall direct; (ii) ask or demand for,
collect, and receive payment of and give receipt for, any and all moneys, claims and other amounts
due or to become due at any time in respect of or arising out of any Collateral; (iii) sign and
indorse any invoices, freight or express bills, bills of lading, storage or warehouse receipts,
drafts against debtors, assignments, verifications, notices and other documents in connection with
any of the Collateral; (iv) commence and prosecute any suits, actions or proceedings at law or in
equity in any court of competent jurisdiction to collect the Collateral or any portion thereof and
to enforce any other right in respect of any Collateral; (v) defend any suit, action or proceeding
brought against such Grantor with respect to any Collateral; (vi) settle, compromise or adjust any
such suit, action or proceeding and, in connection therewith, give such discharges or releases as
the Administrative Agent may deem appropriate; (vii) notify, or require any Grantor to notify,
Account Debtors to make payment directly to the Administrative Agent and change the post office box
number or other address to which the Account Debtors make payments; and (viii) generally, sell,
transfer, pledge and make any agreement with respect to or otherwise deal with any of the
Collateral as fully and completely as though the Administrative Agent were the absolute owner
thereof for all purposes, and do, at the Administrative Agent’s option and such Grantor’s expense,
at any time, or from time to time, all acts and things that the Administrative Agent deems
necessary to protect, preserve or realize upon the Collateral and the Secured Parties’ security
interests therein and to effect the intent of this Agreement, all as fully and effectively as such
Grantor might do.

Each Grantor hereby acknowledges, consents and agrees that the power of attorney granted
pursuant to this Section is irrevocable and coupled with an interest.

5.2 Administrative Agent May Perform. If any Grantor fails to perform any agreement contained
herein after any applicable cure period, the Administrative Agent may itself perform, or cause
performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in
connection therewith shall be payable by such Grantor pursuant to Section 6.2.

5.3 Administrative Agent Has No Duty.

(a) In addition to, and not in limitation of, Section 2.4, the powers conferred on the
Administrative Agent hereunder are solely to protect its interest (on behalf of the Secured
Parties) in the Collateral and shall not impose any duty or obligation on it to exercise any such
powers. Neither the Administrative Agent nor any of its officers, directors, employees or agents
shall be liable for failure to demand, collect or realize upon any of the Collateral or for any
delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral
upon the request of any Grantor or any other Person or to take any other action whatsoever with
regard to the Collateral or any part thereof (including the taking of any necessary steps to
preserve rights against prior parties or any other rights pertaining to any Collateral). Neither
the Administrative Agent nor any of its officers, directors, employees or agents shall be
responsible to any Grantor for any act or failure to act hereunder, except for their own gross
negligence or willful misconduct.

(b) Each Grantor assumes all responsibility and liability arising from or relating to the use,
sale or other disposition of the Collateral. The Secured Obligations shall not
be affected by any failure of the Administrative Agent to take any steps to perfect the
security interest granted hereunder or to collect or realize upon the Collateral, nor shall loss of
or damage to the Collateral release any Grantor from any of its Secured Obligations.

 

22

 

ARTICLE VI

REMEDIES

6.1 Certain Remedies. If any Event of Default shall have occurred and be continuing:

(a) The Administrative Agent may exercise in respect of the Collateral, in addition to other
rights and remedies provided for herein or otherwise available to it, all the rights and remedies
of a secured party on default under the UCC and also may take the following actions:

(i) require each Grantor to, and each Grantor hereby agrees that it will, at its expense and
upon the request of the Administrative Agent forthwith, assemble all or part of the Collateral as
directed by the Administrative Agent and make it available to the Administrative Agent at its
premises or another place designated by the Administrative Agent (whether or not the UCC applies to
the affected Collateral);

(ii) without demand of performance or other demand, presentment, protest, advertisement or
notice of any kind (except any notice required by referred to below) to or upon any Grantor or any
other Person (all and each of which demands, defenses, advertisements and notices are hereby
waived), sell, lease, assign, give option or options to purchase, or otherwise dispose of and
deliver the Collateral or any part thereof (or contract to do any of the foregoing), in one or more
parcels at public or private sale, at any of the Administrative Agent’s offices or elsewhere, for
cash, on credit or for future delivery, and upon such other terms as the Administrative Agent may
deem commercially reasonable. Each Grantor agrees that, to the extent notice of sale shall be
required by Law, at least ten days’ prior notice to such Grantor of the time and place of any
public sale or the time after which any private sale is to be made shall constitute reasonable
notification. The Administrative Agent shall not be obligated to make any sale of Collateral
regardless of notice of sale having been given. The Administrative Agent may adjourn any public or
private sale from time to time by announcement at the time and place fixed therefor, and such sale
may, without further notice, be made at the time and place to which it was so adjourned;

(iii) with or without legal process and with or without prior notice or demand for
performance, to take possession of the Collateral and without liability for trespass to enter any
premises where the Collateral may be located for the purpose of taking possession of or removing
the Collateral.

(b) All cash proceeds received by the Administrative Agent in respect of any sale of,
collection from, or other realization upon all or any part of the Collateral may, in the discretion
of the Administrative Agent, be held, to the extent permitted under applicable Law, by the
Administrative Agent as additional collateral security for all or any part of the Secured
Obligations, and/or then or at any time thereafter shall be applied (after payment of any amounts
payable to the Administrative Agent pursuant to Section 10.04 of the Credit Agreement and
Section 6.2 below) in whole or in part by the Administrative Agent for the ratable benefit
of the Secured Parties against all or any part of the Secured Obligations in accordance with
Section 8.03 of the Credit Agreement. Any surplus of such cash or cash proceeds held by the
Administrative Agent and remaining after payment in full of all the Secured Obligations, and the
termination of all Commitments, shall be paid over to the Grantors or to whomsoever may be lawfully
entitled to receive such surplus.

 

23

 

(c) The Administrative Agent may exercise any and all rights and remedies of each Grantor
under or in connection with the Collateral, including the right to sue upon or otherwise collect,
extend the time for payment of, modify or amend the terms of, compromise or settle for cash,
credit, or otherwise upon any terms, grant other indulgences, extensions, renewals, compositions,
or releases, and take or omit to take any other action with respect to the Collateral, any security
therefor, any agreement relating thereto, any insurance applicable thereto, or any Person liable
directly or indirectly in connection with any of the foregoing, without discharging or otherwise
affecting the liability of any Grantor for the Obligations or under this Agreement or any other
Loan Document and the Material Contracts or otherwise in respect of the Collateral, including any
and all rights of such Grantor to demand or otherwise require payment of any amount under, or
performance of any provision of, any Collateral.

The Administrative Agent shall give the Grantors 10 days’ written notice (which each Grantor agrees
is reasonable notice within the meaning of Section 9-612 of the UCC) of the Administrative Agent’s
intention to make any sale of Collateral. Such notice, in the case of a public sale, shall state
the time and place for such sale and, in the case of a sale at a broker’s board or on a securities
exchange, shall state the board or exchange at which such sale is to be made and the day on which
the Collateral, or portion thereof, will first be offered for sale at such board or exchange. Any
such public sale shall be held at such time or times within ordinary business hours and at such
place or places as the Administrative Agent may fix and state in the notice (if any) of such sale.
At any such sale, the Collateral, or portion thereof, to be sold may be sold in one lot as an
entirety or in separate parcels, as the Administrative Agent may (in its sole and absolute
discretion) determine. The Administrative Agent shall not be obligated to make any sale of any
Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such
Collateral shall have been given. The Administrative Agent may, without notice or publication
adjourn any public or private sale or cause the same to be adjourned from time to time by
announcement at the time and place fixed for sale, and such sale may, without further notice, be
made at the time and place to which the same was so adjourned. In case any sale of all or any part
of the Collateral is made on credit or for future delivery, the Collateral so sold may be retained
by the Administrative Agent until the sale price is paid by the purchaser or purchasers thereof,
but the Administrative Agent shall not incur any liability in case any such purchaser or purchasers
shall fail to take up and pay for the Collateral so sold and, in case of any such failure, such
Collateral may be sold again upon like notice. At any public (or, to the extent permitted by Law,
private) sale made pursuant to this Section, any Secured Party may bid for or purchase, free (to
the extent permitted by Law) from any right of redemption, stay, valuation or appraisal on the part
of any Grantor (all said rights being also hereby waived and released to the extent permitted by
Law), the Collateral or any part thereof offered for sale and may make payment on account thereof
by using any claim then due and payable to such Secured Party from any Grantor as a credit against
the purchase price, and such Secured Party may upon compliance with the terms of
sale, hold, retain and dispose of such property without further accountability to any Grantor
therefor. The Secured Obligations shall not be affected by any failure of the Administrative Agent
to take any steps to perfect the security interest granted hereunder or to collect or realize upon
the Collateral, nor shall loss or damage to the Collateral release any Grantor from any of its
Secured Obligations.

 

24

 

6.2 Indemnity and Expenses. Each Grantor agrees to jointly and severally indemnify and hold
harmless the Administrative Agent (and any sub-agent thereof), each other Secured Party, and each
Related Party of any of the foregoing Persons (each, such Person being called an
“Indemnitee”) against, and hold each harmless from, any and all losses, claims, damages,
liabilities, and related, reasonable, out-of-pocket expenses (including the reasonable fees,
charges and disbursements of any counsel for any Indemnitee); provided, that, as
long as no Default exists Grantors shall engage and pay for defense counsel that is reasonably
acceptable to the Secured Parties in connection with claims brought by third parties and Secured
Parties may engage separate counsel under such circumstances at their own expense (it being
understood that upon the occurrence of an Event of Default, all counsel shall be at the cost and
expense of the Grantors), incurred by any Indemnitee or asserted against any Indemnitee by a third
party or by the Borrower or any other Loan Party arising out of, in connection with, or as a result
of, this Agreement and the other Loan Documents (including enforcement of this Agreement and other
Loan Documents; provided that such indemnity shall not, as to any Indemnitee, be available
to the extent that such losses, claims, damages, liabilities and related expenses (x) are
determined by a court of competent jurisdiction by final and nonappealable judgment to have
resulted from the gross negligence or willful misconduct of such Indemnitee or (y) result from a
claim brought by a Loan Party against an Indemnitee for breach in bad faith of such Indemnitee’s
obligations hereunder or under any other Loan Document, if such Loan Party has obtained a final and
nonappealable judgment in its favor of such claim as determined by a court of competent
jurisdiction. Each Grantor will upon demand pay to the Administrative Agent the amount of any and
all reasonable expenses, including the reasonable fees and disbursements of any experts and agents,
which the Administrative Agent may incur in connection with the following:

(a) the administration of this Agreement and the other Loan Documents;

(b) the custody, preservation, use or operation of, or the sale of, collection from, or other
realization upon, any of the Collateral;

(c) the exercise or enforcement of any of the rights of the Administrative Agent or the
Secured Parties hereunder; or

(d) the failure by any Grantor to perform or observe any of the provisions hereof.

The agreements in this Section 6.2 shall survive the termination of the Commitments and the
repayment, satisfaction or discharge of the other Obligations.

 

25

 

6.3 Waivers. Each Grantor hereby waives any right, to the extent permitted by applicable Law,
to receive prior notice of or a judicial or other hearing with respect to any action or prejudgment
remedy or proceeding by the Administrative Agent to take possession, exercise
control over or dispose of any item of Collateral where such action is permitted under the
terms of this Agreement or any other Loan Document or by applicable Laws or the time, place or
terms of sale in connection with the exercise of the Administrative Agent’s rights hereunder. Each
Grantor waives, to the extent permitted by applicable Laws, any bonds, security or sureties
required by the Administrative Agent with respect to any of the Collateral. Each Grantor also
waives any damages (direct, consequential or otherwise) occasioned by the enforcement of the
Administrative Agent’s rights under this Agreement or any other Loan Document, including, the
taking of possession of any Collateral or the giving of notice to any Account Debtor or the
collection of any Receivables Collateral, all to the extent that such waiver is permitted by
applicable Laws. Each Grantor also consents that the Administrative Agent, in connection with the
enforcement of the Administrative Agent’s rights and remedies under this Agreement, may enter upon
any premises owned by or leased to it without obligations to pay rent or for use and occupancy,
through self-help, without judicial process and without having first obtained an order of any
court. These waivers and all other waivers provided for in this Agreement and the other Loan
Documents have been negotiated by the parties and each Grantor acknowledges that it has been
represented by counsel of its own choice and has consulted such counsel with respect to its rights
hereunder.

ARTICLE VII

MISCELLANEOUS PROVISIONS

7.1 Loan Document.

(a) This Agreement is a Loan Document executed pursuant to the Credit Agreement and shall
(unless otherwise expressly indicated herein) be construed, administered and applied in accordance
with the terms and provisions thereof.

(b) Concurrently herewith certain of the Grantors are executing and delivering the Pledge
Agreement pursuant to which such Grantor is pledging all the certificated Investment Property and
Instruments of such Grantor. Such pledges shall be governed by the terms of the Pledge Agreement
and not by this Agreement.

7.2 Amendments, etc.; Additional Grantors; Successors and Assigns.

(a) No amendment to or waiver of any provision of this Agreement nor consent to any departure
by any Grantor herefrom, shall in any event be effective unless the same shall be in writing and
signed by the Administrative Agent and, with respect to any such amendment, by the Grantors, and
then such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given.

(b) Upon the execution and delivery by any Person of a Joinder Agreement, (i) such Person
shall be referred to as an “Additional Grantor” and shall be and become a Grantor, and each
reference in this Agreement to “Grantor” shall also mean and be a reference to such Additional
Grantor and (ii) the schedule supplements attached to each Security Agreement shall be incorporated
into and become a part of and supplement Schedules I and II hereto, as appropriate,
and the Administrative Agent may attach such schedule supplements to such
Schedules, and each reference to such Schedules shall mean and be a reference to such
Schedules, as supplemented pursuant hereto.

 

26

 

(c) Upon the delivery by the Borrower of each certificate of Responsible Officers certifying
supplements to the Schedules to this Agreement pursuant to Section 4.14, the schedule
supplements attached to each such certificate shall be incorporated into and become a part of and
supplement Schedules I and II hereto, as appropriate, and the Administrative Agent
may attach such schedule supplements to such Schedules, and each reference to such Schedules shall
mean and be a reference to such Schedules, as supplemented pursuant hereto.

(d) This Agreement shall be binding upon each Grantor and its successors, transferees and
assigns and shall inure to the benefit of the Administrative Agent and each other Secured Party and
their respective successors, transferees and assigns; provided, however, that no Grantor may assign
its obligations hereunder without the prior written consent of the Administrative Agent.

7.3 Addresses for Notices. All notices and other communications provided for hereunder shall
be in writing and mailed, delivered or transmitted by telecopier to each party hereto at the
address set forth in Section 10.02 of the Credit Agreement (with any notice to a Grantor other than
the Borrower being delivered to such Grantor in care of the Borrower). All such notices and other
communications shall be deemed to be given or made at the times provided in Section 10.02 of the
Credit Agreement.

7.4 Section Captions. Section captions used in this Agreement are for convenience of
reference only, and shall not affect the construction of this Agreement.

7.5 Severability. If any provision of this Agreement is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this
Agreement 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.

7.6 Counterparts. 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.

7.7 Governing Law, Etc.

(a) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE
OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND PERFORMED ENTIRELY WITHIN SUCH STATE, EXCEPT TO THE
EXTENT THAT THE VALIDITY OR PERFECTION OF THE SECURITY INTEREST HEREUNDER, OR REMEDIES HEREUNDER,
IN RESPECT OF ANY PARTICULAR COLLATERAL ARE GOVERNED BY THE LAWS OF A JURISDICTION OTHER THAN THE
STATE OF NEW YORK; PROVIDED
THAT THE ADMINISTRATIVE AGENT SHALL RETAIN ALL RIGHTS ARISING UNDER FEDERAL LAW.

 

27

 

(b) EACH GRANTOR 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; PROVIDED,
HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY SHALL
BE BROUGHT, AT THE ADMINISTRATIVE AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE SUCH
COLLATERAL OR OTHER PROPERTY MAY BE FOUND. 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 OR ANY OTHER SECURED PARTY HERETO MAY
OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN
DOCUMENT AGAINST ANY GRANTOR OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION.

(c) EACH GRANTOR 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) EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR
NOTICES IN SECTION 7.3. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY
HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

 

28

 

7.8 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.

7.9 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 OR BY PRIOR OR CONTEMPORANEOUS WRITTEN AGREEMENTS. THERE
ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

7.10 Amendment and Restatement.

(a) The Grantors and the Administrative Agent on behalf of the Secured Parties hereby agree that
upon the effectiveness of this Agreement, the terms and provisions of the Existing Security
Agreement which in any manner govern or evidence the obligations arising hereunder, the rights and
interests of the Secured Parties and any terms, conditions or matters related to any thereof, shall
be and hereby are amended and restated in their entirety by the terms, conditions and provisions of
this Agreement, and the terms and provisions of the Existing Security Agreement, except as
otherwise expressly provided herein, shall be superseded by this Agreement.

(b) Notwithstanding this amendment and restatement of the Existing Security Agreement, including
anything in this Section 7.10, except as set forth in Section 7.10(c) below, (i)
all of the indebtedness, liabilities and obligations owing by the Grantors under the Existing
Security Agreement shall continue as obligations hereunder and thereunder and shall be and remain
secured by this Agreement, (ii) the Existing Security Interest shall continue as a security
interest hereunder, and (iii) this Agreement is given as a substitution of, and not as a payment of
the indebtedness, liabilities and obligations of the Grantors under the Existing Security Agreement
and neither the execution and delivery of this Agreement nor the consummation of any other
transaction contemplated hereunder is intended to constitute a novation of the Existing Security
Agreement or the Existing Security Interest created thereunder.

(c) Effective as of the Closing Date, the Administrative Agent, on behalf of the Secured Parties,
hereby terminates, releases and discharges the Existing Security Interests in the Excluded
Subsidiary Collateral.

[Signature Paged Follow]

 

29

 

IN WITNESS WHEREOF, each Grantor has caused this Agreement to be duly executed and delivered
by its officer thereunto duly authorized as of the date first above written.

	 	 	 	 	 
	 	INTEGRA LIFESCIENCES HOLDINGS 

CORPORATION, a Delaware corporation

INTEGRA LIFESCIENCES CORPORATION,

 a Delaware corporation

 	 
	 	By:  	 	 
	 	 	Name:  	John B. Henneman, III 	 
	 	 	Title:  	Executive Vice President, Finance and

Administration & Chief Financial Officer 	 
	 
	 	ENDOSOLUTIONS, INC., a Delaware corporation

INTEGRA LUXTEC, INC., a Massachusetts corporation

INTEGRA NEUROSCIENCES (INTERNATIONAL), 

INC., a Delaware corporation

INTEGRA RADIONICS, INC., a Delaware corporation

ISOTIS ORTHOBIOLOGICS, INC., a Washington corporation

J. JAMNER SURGICAL INSTRUMENTS, 

INC., a Delaware corporation

MILTEX, INC., a Delaware corporation

 	 
	 	By:  	 	 
	 	 	Name:  	John B. Henneman, III 	 
	 	 	Title:  	Vice President and Treasurer 	 
	 
	 	MINNESOTA SCIENTIFIC, INC., a Minnesota corporation

 	 
	 	By:  	 	 
	 	 	Name:  	John B. Henneman, III 	 
	 	 	Title:  	Vice President and Chief Financial Officer 	 

AMENDED AND RESTATED SECURITY AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 
	 	THEKEN SPINE, LLC, an Ohio limited liability company

 	 
	 	By:  	INTEGRA LIFESCIENCES
 	 
	 	 	CORPORATION, its sole member 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	John B. Henneman, III 	 
	 	 	Title:  	Executive Vice President, Finance
and

 Administration & Chief Financial
Officer 	 

AMENDED AND RESTATED SECURITY AGREEMENT

Signature Page

 

 

 

	 	 	 	 	 	 	 
	ACKNOWLEDGED AND ACCEPTED:	 	 
	 
	 	 	 	 	 	 
	BANK OF AMERICA, N.A.,

as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 

AMENDED AND RESTATED SECURITY AGREEMENT

Signature Page

 

 

 

SCHEDULE I TO SECURITY AGREEMENT

Item A. State of Organization, Identification Number, Chief Executive Office

	 	 	 	 	 
	 	 	 	 	Identification
	Grantor; Chief Executive Office	 	State of Organization	 	Number
	Integra LifeSciences Holdings Corporation
	 	Delaware	 	2199700
	311 Enterprise Drive 

Plainsboro, NJ 08536
	 	 	 	 
	Integra LifeSciences Corporation
	 	Delaware	 	2363821
	311 Enterprise Drive 

Plainsboro, NJ 08536
	 	 	 	 
	J. Jamner Surgical Instruments, Inc.
	 	Delaware	 	0769265
	9 Skyline Drive 

Hawthorne, NY 10532
	 	 	 	 
	Integra NeuroSciences (International), Inc.
	 	Delaware	 	2902491
	311 Enterprise Drive 

Plainsboro, NJ 08536
	 	 	 	 
	Integra Radionics, Inc.
	 	Delaware	 	4077406
	22 Terry Avenue 

Burlington, MA 01803
	 	 	 	 
	Miltex, Inc.
	 	Delaware	 	4079576
	589 Davies Drive

York, PA 17402
	 	 	 	 
	EndoSolutions, Inc.
	 	Delaware	 	3436217
	589 Davies Drive 

York, PA 17402
	 	 	 	 
	Integra Luxtec, Inc.
	 	Massachusetts	 	42741310
	311 Enterprise Drive 

Plainsboro, NJ 08536
	 	 	 	 
	IsoTis OrthoBiologics, Inc.
	 	Washington	 	601553620
	1 Goodyear 

Irvine, CA 92618
	 	 	 	 
	Theken Spine, LLC
	 	Ohio	 	LL10700
	1800 Triplett Boulevard 

Akron, OH 44306
	 	 	 	 
	Minnesota Scientific, Inc.
	 	Minnesota	 	1X-1191
	4849 White Bear Parkway

St. Paul, MN 55110
	 	 	 	 
	Integra LifeSciences Holdings Corporation
	 	Delaware	 	2199700
	311 Enterprise Drive 

Plainsboro, NJ 08536
	 	 	 	 
	Integra LifeSciences Corporation
	 	Delaware	 	2363821
	311 Enterprise Drive 

Plainsboro, NJ 08536
	 	 	 	 
	J. Jamner Surgical Instruments, Inc.
	 	Delaware	 	0769265
	9 Skyline Drive 

Hawthorne, NY 10532
	 	 	 	 
	Integra NeuroSciences (International), Inc.
	 	Delaware	 	2902491
	311 Enterprise Drive 

Plainsboro, NJ 08536
	 	 	 	 

 

 

 

Item B. Location of Equipment & Inventory (Owned Locations)

	 	 	 	 	 
	Grantor Mailing Address	 	County	 	State
	Miltex, Inc.
	 	York	 	Pennsylvania
	589 Davies Drive 

York, PA 17402
	 	 	 	 
	Integra LifeSciences Corp.
	 	Hamilton	 	Ohio
	4900 Charlemar Drive 

Cincinnati, OH 45227
	 	 	 	 

Item C. Leased Property; Bailees

	I.	 	Attached — List of consignments for Extremity Reconstruction and Neurosurgery

	 
	II.	 	Attached — List of consignments for OrthoBiologics hospital accounts

	 
	III.	 	Attached – List of consignments for OrthoBiologics distributor accounts

	 
	IV.	 	Attached – List of consignments for Surgical Instruments

 

 

 

Item D. Trade Names

	 	 	 
	Grantor	 	Trade Name
	Integra LifeSciences Corporation

	 	Integra
	Integra LifeSciences Corporation

	 	Integra LifeSciences
	Integra LifeSciences Corporation

	 	Integra NeuroSciences
	Integra LifeSciences Corporation

	 	Integra Neurosupplies (NSI)
	Integra LifeSciences Corporation

	 	Integra Pain Management
	J. Jamner Surgical Instruments, Inc.

	 	Jarit Instruments
	IsoTis OrthoBiologics, Inc.

	 	Integra OrthoBiologics
	Miltex, Inc.

	 	Miltex
	Minnesota Scientific, Inc.

	 	Omni-Tract Surgical
	Theken Spine, LLC

	 	Integra Spine

Item D. Commercial Tort Claims

	 	 	 	 	 
	 	 	Description of	 
	Grantor	 	Commercial Tort Claim	 
	None
	 	 	 	 

 

 

 

Item C. Leased Property; Bailees

I. Extremity Reconstruction & Neurosurgery

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	AESTHETIC SURGERY CENTER
	 	30260 Rancho Viejo Road

San Juan Capistrano, CA 92675
	 	Consignee
	Integra LifeSciences 

Corporation

	 	GRAMERCY PARK SURGERY, P.C.
	 	67 Irving Place

New York, NY 10003
	 	Consignee
	Integra LifeSciences Corporation

	 	ADVANCED AMBULATORY S/C
	 	2333 North Harlem Ave

Chicago, IL 60707
	 	Consignee
	Integra LifeSciences Corporation

	 	UCSD MEDICAL CENTER
	 	7197 Convoy Court

San Diego, CA 92111
	 	Consignee
	Integra LifeSciences Corporation

	 	PALO PINTO GEN HOSPITAL
	 	400 Southwest 25th Avenue

Mineral Wells, TX 76067
	 	Consignee
	Integra LifeSciences Corporation

	 	QUEENS HOSPITAL CENTER
	 	82-70 164th Street

Jamaica, NY 11432
	 	Consignee
	Integra LifeSciences Corporation

	 	CABRINI MEDICAL CENTER
	 	227 E. 19th Street 

New York, NY 10003
	 	Consignee
	Integra LifeSciences Corporation

	 	HEALTH ALLIANCE JEWISH HOSP
	 	4777 W Galbraith Rd

Cincinnati, OH 45236
	 	Consignee
	Integra LifeSciences Corporation

	 	BOULEVARD SURGICAL CENTER
	 	46-04 31st. Ave. 

Long Island City, NY 11103
	 	Consignee
	Integra LifeSciences Corporation

	 	MAYO CLINIC FOUNDATION
	 	221 Fourth Avenue SW

Rochester, MN 55902
	 	Consignee
	Integra LifeSciences Corporation

	 	SYCAMORE SPRINGS CENTER
	 	4715 Statesmen; Ste A
Indianapolis, IN 46250
	 	Consignee
	Integra LifeSciences Corporation

	 	MERCY MEDICAL CENTER
	 	301 St. Paul Place 

Baltimore, MD 21202
	 	Consignee
	Integra LifeSciences Corporation

	 	MUNSON MEDICAL CENTER
	 	1105 Sixth Avenue

Traverse City, MI 49684
	 	Consignee
	Integra LifeSciences Corporation

	 	REGION’S HOSPITAL
	 	640 Jackson Street Ste 180

San Diego, CA 92009
	 	Consignee
	Integra LifeSciences Corporation

	 	GENESYS REGIONAL MEDICAL CTR
	 	P.O. Box 2031

Flint, MI 48503
	 	Consignee
	Integra LifeSciences Corporation

	 	KAISER HOSPITAL — 01-KAIS005
	 	P.O. Box 41906

Los Angeles, CA 90041-0906
	 	Consignee
	Integra LifeSciences Corporation

	 	ST RITA’S MEDICAL CENTER
	 	730 West Market Street

Lima, OH 45801
	 	Consignee
	Integra LifeSciences Corporation

	 	STEVENS MEMORIAL HOSPITAL
	 	21601 76th Ave Northeast

Edmonds, WA 98206
	 	Consignee
	Integra LifeSciences Corporation

	 	OLIVE SURGERY CENTER
	 	12101 Woodcrest Exec Dr.#101
St. Louis, MO 63141
	 	Consignee
	Integra LifeSciences Corporation

	 	GOOD SHEPARD HOSPITAL
	 	450 West Highway 22

Barrington, IL 60010
	 	Consignee
	Integra LifeSciences Corporation

	 	BELLAIRE SURGERY CENTER
	 	5521 Bellaire Drive South

Fort Worth, TX 75109
	 	Consignee
	Integra LifeSciences Corporation

	 	HEALTHSOUTH OUTPATIENT S/C
	 	450 North New Ballas Road

Saint Louis, MO 63141
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	COLUMBUS HOSPITAL
	 	495 North 13th Street

Newark, NJ 07107
	 	Consignee
	Integra LifeSciences Corporation

	 	WALLA WALLA CLINIC
	 	55 West Tietan

Walla Walla, WA 99362
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. MARY’S MEDICAL CENTER
	 	401 W. Poplar 

Walla Walla, WA 99362
	 	Consignee
	Integra LifeSciences Corporation

	 	ST MARY’S HOSPITAL
	 	305 S. 5th

Enid, OK 73120
	 	Consignee
	Integra LifeSciences Corporation

	 	MISSION AMBULATORY S/C
	 	26730 Crown Valley Parkway

Mission Viejo, CA 92691
	 	Consignee
	Integra LifeSciences Corporation

	 	HACKENSACK UNIVERSITY M/C
	 	30 Prospect Avenue

Hackensack, NJ 07601
	 	Consignee
	Integra LifeSciences Corporation

	 	NORTH HILLS SURGERY CENTER
	 	3271 Wimberly Drive

Fayetteville, AR 72703
	 	Consignee
	Integra LifeSciences Corporation

	 	UNITED HEALTH SERVICES
	 	25 Park Avenue

Binghamton, NY 13902
	 	Consignee
	Integra LifeSciences Corporation

	 	MEDICAL COLLEGE OF OHIO
	 	365 Arlington Ave

Dowling Hall Room #50
	 	Consignee
	Integra LifeSciences Corporation

	 	SOUTHERN INDIANA SURGERY CTR
	 	2800 Rex Grossman Blvd.
Bloomington, IN 47403
	 	Consignee
	Integra LifeSciences Corporation

	 	RHODE ISLAND ASC
	 	ASC Dudley Street

Providence, RI 02903
	 	Consignee
	Integra LifeSciences Corporation

	 	MERCY HOSPITAL 01-MERC016
	 	144 State Street

Portland, ME
	 	Consignee
	Integra LifeSciences Corporation

	 	MEMORIAL HOSPITAL
	 	710 Fairbanks Street

Chicago, IL 60611
	 	Consignee
	Integra LifeSciences Corporation

	 	NORTHERN MICHIGAN HOSPITAL
	 	416 Connable Ave

Petoskey, MI 49770
	 	Consignee
	Integra LifeSciences Corporation

	 	SPECTRUM HEALTH — BLODGETT
	 	1840 Wealthy Street SE

Grand Rapids, MI 49506
	 	Consignee
	Integra LifeSciences Corporation

	 	PROVIDENCE SURGICAL CENTER
	 	29877 Telegraph Road, Suite 200
Southfield, MI 48034
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGERY ONE CENTER
	 	5052 North Clinton

Fort Wayne, IN 46825-5822
	 	Consignee
	Integra LifeSciences Corporation

	 	MERCY GENERAL HEALTH PARTNERS
	 	1700 Oak Ave

Muskegon, MI 49442
	 	Consignee
	Integra LifeSciences Corporation

	 	UPPER ARLINGTON OUTPATIENT CTR
	 	2240 North Bank Drive

Upper Arlington, OH 43220
	 	Consignee
	Integra LifeSciences Corporation

	 	YAKIMA VALLEY MEMORIAL HOSP
	 	2811 Tieton Drive

Yakima, WA 98902
	 	Consignee
	Integra LifeSciences Corporation

	 	POMONA VALLEY HOSPITAL
	 	1798 N. Garey Ave 

Pomona, CA 91767
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. JOHN SURGERY CENTER
	 	21000 12 Mile Road 

St. Clair Shore, MI 48081
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. LUCIE SURGERY CENTER
	 	1310 S.E West Star Ave 

Port St. Lucie, FL 34952
	 	Consignee
	Integra LifeSciences Corporation

	 	FLORIDA HOSPITAL — EAST
	 	7727 Lake Underhill Drive

Orlando, FL 32822
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	JOHN A. PARODI
	 	105 South Main Ave

Albany, NY 12208
	 	Consignee
	Integra LifeSciences Corporation

	 	GATEWAY SC HOSPITAL
	 	690 N. Cofco Center Ct Suite #150
Phoenix, AZ 85008
	 	Consignee
	Integra LifeSciences Corporation

	 	SCOTTSDALE HEALTHCARE OSBORN HOSPITAL
	 	7400 East Osborn Road

Scottsdale, AZ 85251
	 	Consignee
	Integra LifeSciences Corporation

	 	UNIVERSITY MEDICAL CENTER
	 	1501 N Campbell Ave

Tucson, AZ 85724
	 	Consignee
	Integra LifeSciences Corporation

	 	MIRIAM HOSPITAL
	 	164 Summit Avenue

Providence, RI 02906
	 	Consignee
	Integra LifeSciences Corporation

	 	NORTH ADAMS HOSPITAL
	 	71 Hospital Avenue

North Adams, MA 02147
	 	Consignee
	Integra LifeSciences Corporation

	 	STURDY HOSPITAL
	 	211 Park Street

Attleboro, MA 02703
	 	Consignee
	Integra LifeSciences Corporation

	 	NAPERVILLE SURGICAL CENTER
	 	1263 Ruckert Drive

Naperville, IL 60540
	 	Consignee
	Integra LifeSciences Corporation

	 	ASPIRUS WAUSAU HOSPITAL
	 	333 Pine Ridge Blvd. 

Wausau, WI 54401
	 	Consignee
	Integra LifeSciences Corporation

	 	BAYLOR UNIVERSITY HOSPITAL
	 	3500 Gaston Avenue

5th Floor Truett Building

Dallas, TX 75246
	 	Consignee
	Integra LifeSciences Corporation

	 	HILLCREST BAPTIST MEDICAL CENTER
	 	3000 Herring Avenue

Waco, TX 76708-0100
	 	Consignee
	Integra LifeSciences Corporation

	 	MERCEY MEDICAL CENTER
	 	271 Carew Street

Springfield, MA 01102
	 	Consignee
	Integra LifeSciences Corporation

	 	VANDERBILT UNIVERSITY HOSPITAL
	 	1126 22nd Avenue South

Nashville, TN 37232
	 	Consignee
	Integra LifeSciences Corporation

	 	TEXAS CHILDREN’S HOSPITAL
	 	6621 Fannin Street

Houston, TX 77030
	 	Consignee
	Integra LifeSciences Corporation

	 	MISSISSIPPI BAPTIST MEDICAL CENTER (HOSPITAL)
	 	1225 N State Street

Jackson, MS 39202
	 	Consignee
	Integra LifeSciences Corporation

	 	BEAUFORT COUNTY HOSPITAL
	 	628 E. 12th Street 

Washington, NC 27889
	 	Consignee
	Integra LifeSciences Corporation

	 	CHILDREN’S HOSPTIAL
	 	9000 W. Wisconsin Ave
Milwaukee, WI 53226
	 	Consignee
	Integra LifeSciences Corporation

	 	COMMUNITY HOSPITAL
	 	W180 N 8045 Town Hall Rd

Menomoner Falls, WI 53051
	 	Consignee
	Integra LifeSciences Corporation

	 	DEARBORN SURGERY CENTER
	 	18100 Oakwood Blvd

Ste 100

Dearborn, MI 48124
	 	Consignee
	Integra LifeSciences Corporation

	 	FROEDTERT HOSPTIAL
	 	9200 W. Wisconsin Ave
Milwaukee, WI 53226
	 	Consignee
	Integra LifeSciences Corporation

	 	HARRISON MEDICAL CENTER
	 	2520 Cherry Ave

Bremerton, WA 98310
	 	Consignee
	Integra LifeSciences Corporation

	 	KENOSHA HOSPITAL & MEDICAL CENTER
	 	6308 8th Ave

Kenosha, WI 53143
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	MARY HEALTH SYSTEM
	 	1000 Mineral Point Ave

Jonesville, WI 53545
	 	Consignee
	Integra LifeSciences Corporation

	 	OAKWOOD ANNAPOLIS MEDICAL CENTER
	 	33155 Annapolis

Wayle, MI 48184
	 	Consignee
	Integra LifeSciences Corporation

	 	OAKWOOD HOSPITAL
	 	18101 Oakwood Blvd

Dearborn, MI 48124
	 	Consignee
	Integra LifeSciences Corporation

	 	OCONOMOWOC MEMORIAL HOSPITAL
	 	791 Summit Ave

Oconomowoc, WI 53066
	 	Consignee
	Integra LifeSciences Corporation

	 	ORTHOPEDIC SURGERY CTR LLC
	 	W238 N 1610 Busse Rd

Ste 100

Waukosha, WI 53188-1163
	 	Consignee
	Integra LifeSciences Corporation

	 	PHYSICIANS SURGERY CENTER
	 	1 Plaza Drive

Toms River, NJ 08757
	 	Consignee
	Integra LifeSciences Corporation

	 	REGIONAL HAND CENTER
	 	2139 E. Beechwood Ave 

Fresno, CA 93720
	 	Consignee
	Integra LifeSciences Corporation

	 	ST CATHERINES HOSPITAL
	 	3556 Seventh Ave

Kenosha, WI 53143
	 	Consignee
	Integra LifeSciences Corporation

	 	ST JOE’S AMBULATORY SURGERY
	 	115 Fulton Street

Pontiac, MI 48341
	 	Consignee
	Integra LifeSciences Corporation

	 	ST JOSEPH’S HOSPITAL
	 	One Saint Joseph Drive

Lexington, KY 40504
	 	Consignee
	Integra LifeSciences Corporation

	 	UNIVERSITY HOSPITAL
	 	234 Goodman Street

Cincinnati, OH 45219
	 	Consignee
	Integra LifeSciences Corporation

	 	U OF M HOSPITAL
	 	1500 E. Medical Center 

Ann Arbor, MI 48109
	 	Consignee
	Integra LifeSciences Corporation

	 	EAST ANN ARBOR HOSPITAL
	 	4270 Plymouth Road

Ann Arbor, MI 48109
	 	Consignee
	Integra LifeSciences Corporation

	 	WAUKESHA M. H. HOSPITAL
	 	725 American Ave

Waukeska, WI 53189
	 	Consignee
	Integra LifeSciences Corporation

	 	WEST ALLIS HOSPITAL
	 	8901 W. Lincoln Ave 

West Allis, WI 53227
	 	Consignee
	Integra LifeSciences Corporation

	 	ST MARY’S MEDICAL CENTER
	 	3801 Spring Street

Racine, WI 53405
	 	Consignee
	Integra LifeSciences Corporation

	 	WILLIAM BEAUMONT TROY HOSPITAL
	 	44201 Dequinore

Troy, MI
	 	Consignee
	Integra LifeSciences Corporation

	 	HCA MEDICAL CENTER OF PLANO
	 	3901 West 15th Street

Plano, TX 75075
	 	Consignee
	Integra LifeSciences Corporation

	 	ALHAMBRA SURGERY
	 	1201 Alhambra Blvd. Suite 110
Sacramento, CA 95816
	 	Consignee
	Integra LifeSciences Corporation

	 	UNIVERSITY OF LOUISVILLE HEALTHCARE
	 	530 S. Jackson Street 

Louisville, KY 40202
	 	Consignee
	Integra LifeSciences Corporation

	 	U MASS HOSPITAL
	 	281 Lincoln Street

Worchester, MA
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	CONCANNOR PLASTIC SURGERY
	 	3115 Falling Leaf Court

Columbia, MO 65201
	 	Consignee
	Integra LifeSciences Corporation

	 	MANCHESTER SURGERY
	 	1040 Old Des Peres Road

Des Peres, MO 63131
	 	Consignee
	Integra LifeSciences Corporation

	 	COX SOUTH HOSPITAL
	 	3801 S. National Avenue
Springfield, MO 65807
	 	Consignee
	Integra LifeSciences Corporation

	 	CHRISTUS SPOHN SHORELINE
	 	600 Elizabeth Street

Corpus Christi, TX 78404
	 	Consignee
	Integra LifeSciences Corporation

	 	WHITE RIVER HEALTH SYSTEM HOSPITAL
	 	1710 Harrison Street

Batesville, AR 72501
	 	Consignee
	Integra LifeSciences Corporation

	 	NORTH CENTRAL SURGICAL
	 	9301 N Central Expry Suite 100
Dallas, TX 75231
	 	Consignee
	Integra LifeSciences Corporation

	 	UT SOUTHWESTERN ZALE ZIPSHY
	 	5151 Harry Hines Blvd

Dallas, TX 75390
	 	Consignee
	Integra LifeSciences Corporation

	 	PARKLAND MEMORIAL
	 	5201 Harry Hines Blvd

Dallas, TX 75235
	 	Consignee
	Integra LifeSciences Corporation

	 	LEE MEMORIAL
	 	2776 Cleveland Avenue

Fort Myers, FL 33901
	 	Consignee
	Integra LifeSciences Corporation

	 	BERKSHIRE MEDICAL CENTER
	 	725 North Street

Pittsfield, MA 01201
	 	Consignee
	Integra LifeSciences Corporation

	 	UT SOUTHWESTERN (OUTPATIENT SURG CENTER)
	 	5909 Harry Hines

Dallas, TX 75390
	 	Consignee
	Integra LifeSciences Corporation

	 	GRANT RIVERSIDE MEDICAL CENTER
	 	3420 Oletangy River Road

Columbus, Ohio 43202
	 	Consignee
	Integra LifeSciences Corporation

	 	CREEKWOOD SURGERY CENTER
	 	211 NE 54th Street 

Suite 100
Kansas City, NO 64118
	 	Consignee
	Integra LifeSciences Corporation

	 	KAISER ANTIOCH
	 	4501 Sand Creek Road

Antioch, CA 94531
	 	Consignee
	Integra LifeSciences Corporation

	 	ORANGE PARK SURGERY CTR
	 	2050 Professional Ctr Dr

Orange Park, FL 32073
	 	Consignee
	Integra LifeSciences Corporation

	 	FLEMING ISLAND SURGERY CENTER
	 	1670 B Eagle Harbor Parkway

Orange Park, FL 32003
	 	Consignee
	Integra LifeSciences Corporation

	 	ARKANSAS SPECIALTY ORTHOPEDICS
	 	6101 St Vincent Circle

Little Rock, AR 72205
	 	Consignee
	Integra LifeSciences Corporation

	 	FLATIRONS SURGERY CENTER
	 	70 Health Park Drive

Louisville CO 80027
	 	Consignee
	Integra LifeSciences Corporation

	 	CLEAR CREEK SURGERY CTR
	 	7809 W 38th Avenue

Wheat Ridge, CO 80033
	 	Consignee
	Integra LifeSciences Corporation

	 	GOLDEN RIDGE SURGERY CENTER
	 	660 Golden Ridge Road

Golden CO 80401
	 	Consignee
	Integra LifeSciences Corporation

	 	EL PASO SPECIALTY HOSPITAL
	 	1755 Curie Drive

Ste A

El Paso, TX 79902
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	ST MARY’S HOSPITAL
	 	450 Stanyan Street

San Francisco, CA 91447
	 	Consignee
	Integra LifeSciences Corporation

	 	RESURGENS SURG CENTER
	 	5671 Peachtree Dunwoody Road #800

Atlanta, GA 30342
	 	Consignee
	Integra LifeSciences Corporation

	 	WINCHESTER MEDICAL CENTER
	 	1840 Amherst Street

Winchester, VA 22601
	 	Consignee
	Integra LifeSciences Corporation

	 	MCG, HEALTH
	 	1120 15th Street

Augusta, GA 30912
	 	Consignee
	Integra LifeSciences Corporation

	 	WOODLANDS SURGERY CENTER
	 	2325 N Casaloma Drive

Appleton, WI 54912
	 	Consignee
	Integra LifeSciences Corporation

	 	BROWARD GENERAL
	 	1000 S Andrews Ave

Fort Lauderdale, FL 33316
	 	Consignee
	Integra LifeSciences Corporation

	 	BETH ISRAEL DEACONESS MED CENTER
	 	330 Brookline Avenue

Boston, MA 02215
	 	Consignee
	Integra LifeSciences Corporation

	 	PLEASANTON SURGERY CTR
	 	1393 Santa Rita Road #F

Pleasanton, CA 94566
	 	Consignee
	Integra LifeSciences Corporation

	 	WEBSTER SURGERY CENTER
	 	3300 Webster Street

Oakland, CA 94609
	 	Consignee
	Integra LifeSciences Corporation

	 	SUTTER ROSEVILLE MED
	 	4 Medical Plaza Drive

Roseville, CA 95661
	 	Consignee
	Integra LifeSciences Corporation

	 	RENO ORTHOPAEDIC
	 	350 West 6th Street

Reno, NV 89503
	 	Consignee
	Integra LifeSciences Corporation

	 	KAISER WALNUT CREEK
	 	1425South Main Street

Walnut Creek, CA 94598
	 	Consignee
	Integra LifeSciences Corporation

	 	U C DAVIS
	 	4845 2ND Avenue

Sacramento, CA 95817
	 	Consignee
	Integra LifeSciences Corporation

	 	KAISER FOUNDATION HOSPITAL
	 	2025 Morse Avenue

Sacramento, CA 95825
	 	Consignee
	Integra LifeSciences Corporation

	 	QUEEN OF THE VALLEY MED CTR
	 	1000 Trancas Street

Napa, CA 94558
	 	Consignee
	Integra LifeSciences Corporation

	 	METHODIST HOSP OF SACRAMENTO
	 	7500 Hospital Drive

Sacramento, CA 95823
	 	Consignee
	Integra LifeSciences Corporation

	 	LAS PALMES MEDICAL CNTR
	 	1801 W Oregon Street

El Paso, TX 79902
	 	Consignee
	Integra LifeSciences Corporation

	 	KAISER ROSEVILLE
	 	1600 Eureka Road

Roseville, CA 95661
	 	Consignee
	Integra LifeSciences Corporation

	 	NORTHSIDE CHEROKEE
	 	201 Hospital Road

Canton, GA 30114
	 	Consignee
	Integra LifeSciences Corporation

	 	UTAH SURGICAL CENTER
	 	3715 W 4100 South

West Valley, UT 84120
	 	Consignee
	Integra LifeSciences Corporation

	 	REGIONAL MED CNTR BAYONET POINT
	 	14000 Fivay Road

Hudson, FL 34667
	 	Consignee
	Integra LifeSciences Corporation

	 	HEALTHSOUTH HARTFORD SURG CENTER
	 	100 Retreat Avenue

Hartford, CT 06106
	 	Consignee
	Integra LifeSciences Corporation

	 	HENDRICK MED CENTER
	 	1900 Pine Street

Abilene, TX 79601
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	PUTNAM HOSPITAL
	 	670 Stoneleigh Avenue

Carmel, NY 10512
	 	Consignee
	Integra LifeSciences Corporation

	 	INOVA FAIR OAKS HOSPITAL
	 	3600 Joseph Siewick Drive

Fairfax, VA 22033
	 	Consignee
	Integra LifeSciences Corporation

	 	U OF IOWA
	 	200 Hawkins Drive

Iowa City, IA 52242
	 	Consignee
	Integra LifeSciences Corporation

	 	UTAH VALLEY REGIONAL MEDICAL CENTER
	 	1034 N 500 West

Provo, Utah 84604
	 	Consignee
	Integra LifeSciences Corporation

	 	SACRED HEART/PEACE OREGON
	 	3333Riverbend Drive

Springfield, OR 97477
	 	Consignee
	Integra LifeSciences Corporation

	 	HAND & UPPER EXTREMITY SURGERY CENTER
	 	993 D Johnson Ferry Road 

Suite 200

Atlanta, GA 30342
	 	Consignee
	Integra LifeSciences Corporation

	 	ST MARY’S HOSPITAL
	 	200 Jefferson Avenue S.E. 

Grand Rapids, MI 49503
	 	Consignee
	Integra LifeSciences Corporation

	 	LAPEER COUNTY SURGERY
	 	1546 Callis Road

Lapeer, MI 48446
	 	Consignee
	Integra LifeSciences Corporation

	 	WALKER SURGICAL CENTER
	 	3300 Walker View Drive

Walker, MI 49544
	 	Consignee
	Integra LifeSciences Corporation

	 	TIMBERLAKE SURGERY HOSPITAL
	 	1485 N Outer Forty Road 

Suite 200

Chesterfield, MO 63017
	 	Consignee
	Integra LifeSciences Corporation

	 	RESTON HOSPITAL CENTER
	 	1850 Town Center Pkwy

Reston, VA 20190
	 	Consignee
	Integra LifeSciences Corporation

	 	VANDERBILT HOSPITAL
	 	1161 21st Avenue South

Nashville, TN 37203
	 	Consignee
	Integra LifeSciences Corporation

	 	KAISER INTERSTATE
	 	3500 N Interstate Avenue

Portland, OR 97227
	 	Consignee
	Integra LifeSciences Corporation

	 	SETON MEDICAL

CENTER – AUSTIN
	 	1201 E 35th Street

Austin, TX 78705
	 	Consignee
	Integra LifeSciences Corporation

	 	ORTHOPEDIC ASSOC SURG CENTER
	 	1111 Cromwell Avenue

Rocky Hill, CT 06067
	 	Consignee
	Integra LifeSciences Corporation

	 	PRINCE WILLIAM SURGERY CENTER
	 	8644Sudley Road 

Suite 201

Manassas, VA 20110
	 	Consignee
	Integra LifeSciences Corporation

	 	VIRGINIA HOSITAL
	 	1701 N George Mason Dr

Arlington, VA 22205
	 	Consignee
	Integra LifeSciences Corporation

	 	HOSPITAL FOR SPECIAL SURGERY
	 	540 E 71st Street

New York, NY 10027
	 	Consignee
	Integra LifeSciences Corporation

	 	UNIVERSITY HOSPITAL
	 	2026 Gravier Street

New Orleans, LA 70112
	 	Consignee
	Integra LifeSciences Corporation

	 	BEEBE MEDICAL CENTER
	 	424 Savannah Road

Lewis, DE 19958
	 	Consignee
	Integra LifeSciences Corporation

	 	STONEGATE SURGERY CENTER
	 	2501 W Wm Cannon Dr Austin, TX 78745
	 	Consignee
	Integra LifeSciences Corporation

	 	NW GEORGIA ORTHOPAEDIC SURG
	 	2550 Windy Hill Road 

Suite 218

Marietta, GA 30067
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	SURGERY CENTER OF KANSAS CITY
	 	1800 E Meyer Blvd

Kansas City, MO 64132
	 	Consignee
	Integra LifeSciences Corporation

	 	SHREWSBURY SURG CENTER
	 	655 Shrewsbury Avenue

Shrewsbury, NJ 07702
	 	Consignee
	Integra LifeSciences Corporation

	 	HEALTHSOUTH SURGICAL HOSPITAL
	 	100 SE 59th Street

OKC, OK 78129
	 	Consignee
	Integra LifeSciences Corporation

	 	PLASTIC SURGERY CENTER
	 	2650 Flowood Drive

Flowood, MS 39232
	 	Consignee
	Integra LifeSciences Corporation

	 	WASHINGTON HOSPITAL
	 	110 Irving Street, NW

Washington, DC 20010
	 	Consignee
	Integra LifeSciences Corporation

	 	DAY SURGERY CENTER
	 	3316 Colorado Blvd

Denton, TX 76201
	 	Consignee
	Integra LifeSciences Corporation

	 	HARRIS METHODIST S0UTH LAKE
	 	1545 East South Lake

South Lake, TX 76092
	 	Consignee
	Integra LifeSciences Corporation

	 	BAYLOR SURGICARE AT OAKMONT
	 	7200 Oakmont Blvd

Fort Worth, TX 76132
	 	Consignee
	Integra LifeSciences Corporation

	 	ROSWELL SURGERY CENTER
	 	1285 Hembree Road 

Suite 200-C 

Roswell, GA 30076
	 	Consignee
	Integra LifeSciences Corporation

	 	COMMUNITY HOSP OUTPATIENT SURGERY
	 	St. Anthony North 

6205 N Santa Fee #100

OKC, OK 73118
	 	Consignee
	Integra LifeSciences Corporation

	 	PROLIANCE SURG CENTER
	 	510 NE 8th Avenue

Ste 100

Isoquah, WA 98029
	 	Consignee
	Integra LifeSciences Corporation

	 	SUMMIT SURGICAL
	 	1630 E Herndon 100

Fresno, CA 93720
	 	Consignee
	Integra LifeSciences Corporation

	 	HAMOT SURGERY CENTER
	 	200 State Street

Erie, PA 16507
	 	Consignee
	Integra LifeSciences Corporation

	 	ALTA VIEW
	 	9660 S 1300 E

Sandy, UT 84094
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGERY CENTER OF OVERLAND PARK REGIONAL
	 	10601 Quivira Road

Overland Park, KS 66215
	 	Consignee
	Integra LifeSciences Corporation

	 	COLUMBUS DOCTORS HOSPITAL
	 	616 19th Street

Columbus, GA 31901
	 	Consignee
	Integra LifeSciences Corporation

	 	SPRINGFIELD SURGICAL SPECIALIST
	 	3045 S National, Ste 101

Springfield, MO 65804
	 	Consignee
	Integra LifeSciences Corporation

	 	CENTER FOR ORTHOPEDIC SURGERY
	 	6815 Noble Avenue

Van Nvys, CA 91405
	 	Consignee
	Integra LifeSciences Corporation

	 	SCOTT & WHITE MEMORIAL HOSP
	 	5701 Airport Road

Temple Bell, TX 76502
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGICAL SPECIALTY CARE
	 	8080 Bluebonnet Blvd

Baton Rouge , LA 70072
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	HARRIS METHODIST FTW (TEXAS HEALTH)
	 	1301 Pennsylvania 

Ft. Worth, TX 76104
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGI CTR OF JOHNSON COUNTY
	 	8800 Ballentine Street

Overland Park, KS 66214
	 	Consignee
	Integra LifeSciences Corporation

	 	FLORIDA HOSPITAL WATERMAN
	 	1000 Waterman Way

Tavares Lake, FL 32778
	 	Consignee
	Integra LifeSciences Corporation

	 	MT. OGDEN SURGICAL CNTR
	 	4364 Washington Blvd

Ogden, UT 84403
	 	Consignee
	Integra LifeSciences Corporation

	 	BRACKENRIDGE HOSPITAL
	 	601E 15th Street

Austin, TX
	 	Consignee
	Integra LifeSciences Corporation

	 	MARY SHIELDS HOSPITAL
	 	3515 Howell Street

Dallas, TX 75204
	 	Consignee
	Integra LifeSciences Corporation

	 	HOLY SPIRIT HOSPITAL
	 	503 n 21st Street

Camp Hill, PA 17011
	 	Consignee
	Integra LifeSciences Corporation

	 	HAHNEMANN HOSPITAL
	 	Broad & Vine Streets

Philadelphia, PA 19102
	 	Consignee
	Integra LifeSciences Corporation

	 	CROSSGATES RIVER OAKS HOSPITAL
	 	350 Crossgates Blvd

Brandon, MS 39042
	 	Consignee
	Integra LifeSciences Corporation

	 	LINDSAY HOUSE SURGERY CENTER
	 	10 Hagen Drive

Rochester, NY 14625
	 	Consignee
	Integra LifeSciences Corporation

	 	GRADY HOSPITAL
	 	80 Jesse Hill Drive, SE

Atlanta, GA 30303
	 	Consignee
	Integra LifeSciences Corporation

	 	UNION MEMORIAL
	 	201 E University Parkway

Baltimore, MD 21228
	 	Consignee
	Integra LifeSciences Corporation

	 	LEGACY HEALTH STYSTEM
	 	2801 N Gantenbein Ave

Portland, OR 97227
	 	Consignee
	Integra LifeSciences Corporation

	 	HILL COUNTRY SURG CENTER
	 	801 E Whitestone

Cedar Pane, TZ 78613
	 	Consignee
	Integra LifeSciences Corporation

	 	ST LUKES / LEE SUMMIT
	 	120 NW St Lukes Blvd

Lee Summit, MO 64086
	 	Consignee
	Integra LifeSciences Corporation

	 	VA HOSPITAL
	 	Dept Veterans Affairs

5000 West National Ave

Bldg 5

Milwaukee, WII 53295
	 	Consignee
	Integra LifeSciences Corporation

	 	LSU MEDICAL CENTER
	 	2021 Perdido Street

New Orleans, LA 70112
	 	Consignee
	Integra LifeSciences Corporation

	 	SELF REGIONAL HEALTHCARE
	 	1325 Spring Street

Greenwood, SC 29646
	 	Consignee
	Integra LifeSciences Corporation

	 	UPPER CHESAPEAKE MEDICAL CNTR
	 	500 Upper Chesapeake Dr

Bel Air, MD 21014
	 	Consignee
	Integra LifeSciences Corporation

	 	INOVA FAIRFAX HOSPITAL
	 	3300 Gallows Road

Falls Church, VA 22033
	 	Consignee
	Integra LifeSciences Corporation

	 	CASCADE SURGERY CENTER
	 	2200 NE Neff Road

Suite #100

Bend, OR 97701
	 	Consignee
	Integra LifeSciences Corporation

	 	NEW HANOVER/CAPE FEAR HOSPITAL
	 	5301 Wrightsville Ave

Wilmington, NC 28403
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	SOUTHERN CA CENTER FOR ORTHOPEDIC SURGERY
	 	6815 Noble Avenue

Van Nuys, CA 91405
	 	Consignee
	Integra LifeSciences Corporation

	 	HEARTLAND REGIONAL MEDICAL CENTER
	 	5325 Faron Street 

St. Joseph MO 64506
	 	Consignee
	Integra LifeSciences Corporation

	 	SINAI HOSPITAL OF BALTIMORE
	 	2401 W Belvedere Ave

Baltimore, MD 21215
	 	Consignee
	Integra LifeSciences Corporation
	 	ST VINCENT SURGERY CENTER OF TERRE HAUTE	 	227 E McAllistar Drive

Terre Haute, IN
	 	Consignee
	Integra LifeSciences Corporation 
	 	COOPER HEALTH SYSTEM
	 	1 Cooper Plaza

Camden, NJ 08103
	 	
Consignee
	Integra LifeSciences Corporation

	 	CHRISTIANA CARE HEALTH SERVICES
	 	4755 Ogletown-Stanton Road

Newark, DE 19718
	 	Consignee
	Integra LifeSciences Corporation

	 	INSTITUTE OF OUTPATIENT SURGERY
	 	402 Keen Street 

Suite 200

Columbia, MO 65201
	 	Consignee
	Integra LifeSciences Corporation

	 	CROSSGATE RIVER OAKS
	 	350 Crossgates Blvd

Brandon, MS 39042
	 	Consignee
	Integra LifeSciences Corporation

	 	ST LUKES HOSPITAL	 	PO Box 343930

Milwaukee, WI
	 	Consignee
	Integra LifeSciences Corporation

	 	SOUTH AUSTIN SURGERY CENTER
	 	4207 James Casey Street

Austin, TX 78745
	 	Consignee
	Integra LifeSciences Corporation

	 	ST LUKES HOSPTIAL OF KANSAS CITY
	 	4401Wornall Road

Kansas City, MO 64111
	 	Consignee
	Integra LifeSciences Corporation

	 	CHRISTIAN NE HOSPITAL
	 	1113 Dunn Road 

St. Louis, MO 63136
	 	Consignee
	Integra LifeSciences Corporation

	 	LATTIMORE SURGERY CENTER
	 	125 Lattimore Road

Rochester, NY 14620
	 	Consignee
	Integra LifeSciences Corporation

	 	PROVIDENCE ST JOSEPHS HOSPITAL
	 	501 S Buena Vista

Burbank, CA 91505
	 	Consignee
	Integra LifeSciences Corporation

	 	MEMORIAL REGIONAL HOSPITAL
	 	3501 Johnson Street

Hollywood, FL 33021
	 	Consignee
	Integra LifeSciences Corporation

	 	HAMOT HOSPITAL
	 	201 State Street

Erie, PA 16550
	 	Consignee
	Integra LifeSciences Corporation

	 	SCRIPPS MEMORIAL HOSPITAL
	 	9888 Genessee Avenue

La Jolla, CA 92037
	 	Consignee
	Integra LifeSciences Corporation

	 	OKLAHOMA CENTER FOR ORTHOPAEDICS AND MULTI-SPECIALIST
	 	8100 S Walker

Bldg C

Oklahoma City, OK 73102
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGERY CENTER OF OKLAHOMA
	 	9500 N Broadway Ext

Oklahoma City, OK 73102
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	BUTLER COUNTY MEMORIAL CNTR
	 	3125 Hamilton Mason Road

Hamilton, OH 45011
	 	Consignee
	Integra LifeSciences Corporation

	 	PASADENA ADVANCED SURG CENTER
	 	1044 S Fair Oaks Avenue 

Suite 110

Pasadena, CA 91105
	 	Consignee
	Integra LifeSciences Corporation

	 	PARK PLACE HOSPITAL
	 	901 Wilson Street

Lafayette, LA 70503
	 	Consignee
	Integra LifeSciences Corporation

	 	OUR LADY OF THE LAKE
	 	5300 Hennessey Blvd

Baton Rouge, LA 70808
	 	Consignee
	Integra LifeSciences Corporation
	 	RIVERVIEW MEDICAL CENTER
	 	1 Riverview Plaza 

Red Bank, NJ
	 	Consignee
	Integra LifeSciences Corporation

	 	LAWRENCE SURGERY CENTER
	 	1112 W. 6th street Lawrence,

 Kansas 66047
	 	Consignee
	Integra LifeSciences Corporation

	 	CAPE COD HOSPITAL
	 	27 Park Street, Hyannis, MA 02601
	 	Consignee
	Integra LifeSciences Corporation

	 	MCKENZIE – WILLIAMETTE HOSPITAL
	 	1460 G Street, Springfield, OR 97477
	 	Consignee
	Integra LifeSciences Corporation

	 	TAMPA GENERAL HOSPITAL
	 	Tampa Gen. Circle Tampa, FL, 33606
	 	Consignee
	Integra LifeSciences Corporation

	 	JACKSON-MADISON CITY GENERAL HOSPITAL
	 	620 Skyline Dr. Jackson, TN 38301
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGERY CENTER AT TRI-CITY ORTHOPEDIC CLINIC
	 	985 S. Goethals 

Richland, WA 99352
	 	Consignee
	Integra LifeSciences Corporation

	 	ALLEGHENY GENERAL HOSPITAL
	 	320 E. North Ave. 

Pittsburg, PA 15212
	 	Consignee
	Integra LifeSciences Corporation

	 	FAIRFIELD SURGERY
	 	75 KINGS HWY CUTOFF 3RD FL. Fairfield, CT 06824
	 	Consignee
	Integra LifeSciences Corporation

	 	VALLEY BAPTIST MC
	 	1040 WEST JEFFERSON ST. Brownsville, TX 78520
	 	Consignee
	Integra LifeSciences Corporation

	 	JOHN PETER SMITH HOSPITAL
	 	1500 Main St. 

Ft. Worth, TX 76104
	 	Consignee
	Integra LifeSciences Corporation

	 	UNIVERSITY OF CHICAGO
	 	8201 S.Cass Ave. 

Darien, IL 60561
	 	Consignee
	Integra LifeSciences Corporation

	 	FLAGSTAFF MEDICAL CENTER
	 	1200 N. Beaver St. 

Flagstaff, AZ 56001
	 	Consignee
	Integra LifeSciences Corporation

	 	HUNTINGTOM MEMORIAL HOSPITAL
	 	100 W. California Blvd. Pasadena, CA 91109
	 	Consignee
	Integra LifeSciences Corporation

	 	BETH ISRAEL
	 	Beth Israel Medical Center, New York, NY 10003
	 	Consignee
	Integra LifeSciences Corporation

	 	FLORIDA HOSPTIAL EAST
	 	7727 Lake Underhill Rd.
 Orlando, FL 32822
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	ST. LUKE’S HOSPITAL
	 	915 East First St. Duluth, MN 55805
	 	Consignee
	Integra LifeSciences Corporation

	 	SCOTTSDALE OSBORN HOSPITAL
	 	7400 E. Osborn Rd. Scottsdale, AZ 85251
	 	Consignee
	Integra LifeSciences Corporation

	 	SCOTTSDALE THOMPSON PEAK HOSPITAL
	 	7400 E. Thompson Peak Parkway. Scottsdale, AZ 85255
	 	Consignee
	Integra LifeSciences Corporation

	 	EVANS SURGERY CENTER
	 	635 Ronald Reagan Dr. Augusta, GA 30809
	 	Consignee
	Integra LifeSciences Corporation

	 	WISE REGIONAL MEDICAL CENTER
	 	2000 S. Hwy 51 DECATUR, TX 76234
	 	Consignee
	Integra LifeSciences Corporation

	 	DENTON REGIONAL MEDICAL CENTER
	 	3535 South I-35 E Denton, TX 76210
	 	Consignee
	Integra LifeSciences Corporation

	 	LIBERTY HOSPITAL
	 	2525 Glenn Hendren Dr. Liberty, MO 64068
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGERY CENTER OF ROME, GA
	 	16 John Maddox Drive

Rome, GA 30165
	 	Consignee
	Integra LifeSciences Corporation

	 	WESTFALL SURGERY CENTER
	 	1065 Senator Keating Blvd. Rochester, NY 14626
	 	Consignee
	Integra LifeSciences Corporation

	 	OCHSNER BAPTIST MEDICAL CENTER
	 	2700 Napoleon Ave. New Orleans, LA 70115
	 	Consignee
	Integra LifeSciences Corporation

	 	ORTHO HOSP OF WISCONSIN
	 	575 W. Riverwoods Parkway Glendale, WI 53212
	 	Consignee
	Integra LifeSciences Corporation

	 	CENTER FOR SPECIAL SURGERY
	 	21 Spurs Ln Ste 100, San Antonio, TX 78240
	 	Consignee
	Integra LifeSciences Corporation

	 	KADLEC HOSPITAL
	 	888 Swift blvd Richland, WA 99352
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGERY CENTER OF ARLINGTON
	 	2400 Matlock Rd. Arlington, TX 76015
	 	Consignee
	Integra LifeSciences Corporation

	 	CLEAR FORK SURGERY CENTER
	 	800 5th Ave Ste 200 Fort Worth, TX 76104
	 	Consignee
	Integra LifeSciences Corporation

	 	PG HOSPITAL CENTER
	 	3001 Hospital Dr. Cheverly, MD 20785
	 	Consignee
	Integra LifeSciences Corporation

	 	GROUP HEALTH
	 	11511 NE 10th St. Bellevue, WA 98004
	 	Consignee
	Integra LifeSciences Corporation

	 	THE READING HOSITAL AND MEDICAL CENTER
	 	6th Avenue and Spruce St. West Reading, PA 19611
	 	Consignee
	Integra LifeSciences Corporation

	 	MERCY MEDICAL CENTER
	 	301 St. Paul St. Baltimore, MD 21202
	 	Consignee
	Integra LifeSciences Corporation

	 	PRATT REGIONAL MEDICAL CENTER
	 	200 Commodore St. Pratt, KS 67124
	 	Consignee
	Integra LifeSciences Corporation

	 	PAOLI
	 	255 W. Lancaster Ave. Paoli, PA 19301
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	CROUSE IRVING MEMORIAL HOSPITAL
	 	736 Irving Ave. Syracuse, NY 13210
	 	Consignee
	Integra LifeSciences Corporation

	 	PARRISH MEDICAL CENTER
	 	951 North Washington Ave. Titusville, FL 32796
	 	Consignee
	Integra LifeSciences Corporation

	 	CHILDRENS MEDICAL CENTER OF DA
	 	1 Childrens Plaza, Dayton, OH 45405
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. JOSEPH’S HOSPITAL
	 	201 North Mayfair Rd Wauwatosa, WI 53226
	 	Consignee
	Integra LifeSciences Corporation

	 	MEDICAL CENTER OF CENTROL GEORGIA
	 	777 Hemlock St. Macon, GA 31201
	 	Consignee
	Integra LifeSciences Corporation

	 	LSU SHREVEPORT MEDICAL CENTER
	 	1501 Kinkgs Highway Shreveport, LA 71103
	 	Consignee
	Integra LifeSciences Corporation

	 	CHARLESTON SURGERY CENTER
	 	2690 Lake Park Drive N Charleston, SC 29406
	 	Consignee
	Integra LifeSciences Corporation

	 	TRIDENT SURGERY CENTER
	 	9313 Medical Plaza Dr. Charleston, SC 29406
	 	Consignee
	Integra LifeSciences Corporation

	 	CITRUS MEMORIAL
	 	502 W. Highland Blvd. 

Inverness, FL 34452
	 	Consignee
	Integra LifeSciences Corporation

	 	SEVEN RIVERS
	 	6201 N. Suncoast Blvd. Crystal River, FL 34428
	 	Consignee
	Integra LifeSciences Corporation

	 	ATHENS ORTHOPEDIC CLINIC
	 	1765 Old west broad st. bldg # 1 – ste 300 Athens , GA 30606
	 	Consignee
	Integra LifeSciences Corporation

	 	SPECIALTY SURGERY CENTER
	 	7200 Cathedral Rock, Las Vegas, NV 89128
	 	Consignee
	Integra LifeSciences Corporation

	 	ATHENS REGIONAL MEDICALCENTER
	 	1199 Prince Ave., Athens, GA 30606
	 	Consignee
	Integra LifeSciences Corporation

	 	YELLOWSTONE SURGERY CENTER
	 	1144 N 28th St., Billings, MT 59101
	 	Consignee
	Integra LifeSciences Corporation

	 	GEISINGER HEALTH SYSTEM
	 	100 N. Academy Avenue
Danville, PA 17822
	 	Consignee
	Integra LifeSciences Corporation

	 	PROVIDENCE HOSPITAL
	 	2435 Forest Drive,

Columbia, SC 29204
	 	Consignee
	Integra LifeSciences Corporation

	 	PACIFIC RIM
	 	3009 Squalicum Parkway

Bellingham, WA 98225
	 	Consignee
	Integra LifeSciences Corporation

	 	NORTHSIDE HOSPITAL
	 	1000 Johnson Ferry Road NE, Atlanta, GA 30342
	 	Consignee
	Integra LifeSciences Corporation

	 	THE ORTHOPEDIC CENTER AT SPRINGHILL
	 	3610 Springhill Memorial Drive

Mobile, AL 36608
	 	Consignee
	Integra LifeSciences Corporation

	 	OSF HEALTHCARE
	 	530 N.E. Glen Oak Avenue
Peoria, IL 61637
	 	Consignee
	Integra LifeSciences Corporation

	 	VILLAGE SURICENTER
	 	5473 Village Common Drive

Erie, PA 16506
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	BAYFRONT MEDICAL CENTER
	 	701 6th Street South, Street Petersburg, FL 33701
	 	Consignee
	Integra LifeSciences Corporation

	 	ST JOSEPH HEALTH CENTER
	 	300 First Capitol Drive
St. Charles, MO, 63301
	 	Consignee
	Integra LifeSciences Corporation

	 	EMORY-ADVENTIST
	 	3949 S. Cobb Drive 

Smyrna, GA 30080
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. JOSEPH HOSPITAL
	 	100 Medical Plaza, Lake Saint Louis, MO, 63367-1366
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. VINCENT MERCY
	 	2213 Cherry Street

Toledo, OH, 43608
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. LUKE’S MEDICAL CENTER
	 	920 East 1st Street

Duluth, MN 55805
	 	Consignee
	Integra LifeSciences Corporation

	 	DETAR HOSPITAL
	 	506 E. San Antonio Street
Victoria, TX 77902
	 	Consignee
	Integra LifeSciences Corporation

	 	RIVERVIEW HOSPITAL
	 	410 Dewwy Street

Wisconsin Rapids, WI 54494
	 	Consignee
	Integra LifeSciences Corporation

	 	PROVIDENCE ST. VINCENT
	 	9205 SW Barnes Road

Portland, OR 97225
	 	Consignee
	Integra LifeSciences Corporation

	 	ST LUKE’S EPISCOPAL
	 	6720 Bertner Avenue

Houston, TX 77225
	 	Consignee
	Integra LifeSciences Corporation

	 	ALBERT EINSTEIN
	 	5501 Old York Road Philadelphia, PA 19141
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. MICHAELS CENTER FOR SPECIAL SURGERY
	 	1605 Airport Freeway

Bedford, TX 76021
	 	Consignee
	Integra LifeSciences Corporation

	 	BAYLOR ALL SAINTS
	 	1400 Eighth Avenue

Fort Worth, TX 76104
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. LUKES HOSPITAL
	 	1111 Amsterdam Avenue

NY, NY 10025
	 	Consignee
	Integra LifeSciences Corporation

	 	BAYLOR MEDICAL CENTER OF GARLAND
	 	2300 Marie Curie Blvd. 

Garland, TX 75042
	 	Consignee
	Integra LifeSciences Corporation

	 	MINNESOTA VALLEY SURGERY CENTER
	 	1000 140th St. W. ste102, Burnsville, MN 55337
	 	Consignee
	Integra LifeSciences Corporation

	 	OWATONNA HOSPITAL
	 	2250 NW 26th Street

Owatonna, MN 55060
	 	Consignee
	Integra LifeSciences Corporation

	 	GEORGETOWN UNIVERSITY HOSPITAL
	 	3800 Reservoir Road, NW Washington, DC 20007
	 	Consignee
	Integra LifeSciences Corporation

	 	MARY GREELEY MEDICAL CENTER
	 	1111 Duff Avenue

Ames, IA 50010
	 	Consignee
	Integra LifeSciences Corporation

	 	CAPE FEAR VALLEY REGIONAL MEDICAL CENTER
	 	1638 Owens Drive

Fayetteville, NC 28304
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	WYOMING MEDICAL CENTER
	 	1233 E. 2nd Street Casper, WY 82601
	 	Consignee
	Integra LifeSciences Corporation

	 	ST.MARY MERCY HOSPITAL
	 	36475 5 Mile Road Livonia, MI 48154
	 	Consignee
	Integra LifeSciences Corporation

	 	FLORIDA HOSPITAL
	 	2135 Sprint Blvd, Apopka, FL 32703
	 	Consignee
	Integra LifeSciences Corporation

	 	OHIO STATE UNIVERSITY
	 	410 W. 10th Avenue Columbus, OH 43210
	 	Consignee
	Integra LifeSciences Corporation

	 	REGIONAL MEDICAL CENTER
	 	3000 St. Mathews Road, Orangeburg. SC, 29118
	 	Consignee
	Integra LifeSciences Corporation

	 	UNIVERSITY OF KANSAS HOSPITAL AUTHORITY
	 	3901 Rainbow Boulevard, Kansas 

City, KS 64160
	 	Consignee
	Integra LifeSciences Corporation

	 	WEST PORTLAND SURGERY CENTER D/B/A CORNELL SURGERY CENTER
	 	16985 NW Cornell Road, Beaverton, Oregon 97006
	 	Consignee
	Integra LifeSciences Corporation

	 	ORTHOPEDIC CENTER OF MONTANA
	 	1401 25th Street South, Great Falls, MT 59405
	 	Consignee
	Integra LifeSciences Corporation

	 	OUTPATIENT SURGICAL SPECIALTIES
	 	11704 West Center Road, Suite 

110, Omaha, NE 68144
	 	Consignee
	Integra LifeSciences Corporation

	 	HACKENSACK UNIVERSITY MEDICAL CENTER
	 	30 Prospect Avenue, Hackensack, NJ 07601
	 	Consignee
	Integra LifeSciences Corporation

	 	CY FAIR SURGERY CENTER
	 	11250 Fallbrook Drive, Houston, TX 77065
	 	Consignee
	Integra LifeSciences Corporation

	 	PRINCE WILLIAM HOSPITAL
	 	8700 Sudley Road, Manassas, VA 20110
	 	Consignee
	Integra LifeSciences Corporation

	 	SPECTRUM HEALTH – BUTTERWORTH
	 	100 Michigan Street, Grand Rapids, MI 49503
	 	Consignee
	Integra LifeSciences Corporation

	 	SPECTRUM HEALTH – SOUTH PAVILLION
	 	80 68th Street, Grand Rapids, MI 49548
	 	Consignee
	Integra LifeSciences Corporation

	 	SPECTRUM HEALTH – LAKE DRIVE SURG CTR
	 	4069 Lake Drive, Grand Rapids, MI 49546
	 	Consignee
	Integra LifeSciences Corporation

	 	SPECTRUM HEALTH – BLODGETT
	 	1840 Wealthy Street, Grand Rapids, MI 49506
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGERY CENTER OF CINCINNATI
	 	4415 Aicholte Road, Cincinnati, OH 45245
	 	Consignee
	Integra LifeSciences Corporation

	 	MIDTOWN SURGERY CENTER
	 	255 South Pauline, Memphis, TN 38104
	 	Consignee
	Integra LifeSciences Corporation

	 	FRIST SURGICAL WOODLANDS
	 	111 Vision Park Boulevard, Suite 

200 Shenandoah, TX 77384-3006
	 	Consignee

 

 

 

	 	 	 	 	 	 	 
	 	 	Name of	 	 	 	Relationship
	Grantor	 	Landlord/Bailee	 	Address	 	to Grantor
	Integra LifeSciences Corporation

	 	BENEFIS HEALTH SYSTEMS
	 	1101 26th Street South, Great Falls, MT 59405
	 	Consignee
	Integra LifeSciences Corporation

	 	METROPOLITAN SURGICAL INSTITUTE
	 	540 Bordentown Avenue, Box B5, South Amboy, NJ 08879
	 	Consignee
	Integra LifeSciences Corporation

	 	ST. MICHAEL’S CENTER FOR SPECIAL SURGERY
	 	3107 Oak Creek Drive, Austin, TX 78727
	 	Consignee
	Integra LifeSciences Corporation

	 	CHARLESTON AREA MEDICAL CENTER
	 	501 Morris Street, Charleston, WV 25301
	 	Consignee
	Integra LifeSciences Corporation

	 	BUTLER MEMORIAL
	 	911 East Brady Street, Butler, PA 

16001
	 	Consignee
	Integra LifeSciences Corporation

	 	ORTHOPEDIC SURGERY CENTER
	 	33 Sewall Street, Portland, ME 04102
	 	Consignee
	Integra LifeSciences Corporation

	 	OCHSNER HOSPITAL
	 	1514 Jefferson Highway, New Orleans, LA 70121
	 	Consignee
	Integra LifeSciences Corporation

	 	DOCTOR’S HOSPITAL
	 	5100 West Broad Street, Columbus, OH 43228
	 	Consignee
	Integra LifeSciences Corporation

	 	RHODE ISLAND HOSPITAL
	 	593 Eddy Street/2 Dudley Street, Providence, RI 02903
	 	Consignee
	Integra LifeSciences Corporation

	 	ORLANDO CENTER FOR OUTPATIENT SURGERY
	 	1405 South Orange Avenue, Orlando, FL 32806
	 	Consignee
	Integra LifeSciences Corporation

	 	NW ORTHOPEDIC SPECIALTIES
	 	601 West 5th Avenue, Ste. 500, Spokane, WA 99204
	 	Consignee
	Integra LifeSciences Corporation

	 	WELLSTAR HEALTH SYSTEM
	 	805 Sandy Plains Road, Marietta, Georgia 30066
	 	Consignee
	Integra LifeSciences Corporation

	 	GLASTONBURY SURGERY CENTER
	 	195 Eastern Boulevard, Glastonbury, CT 06033
	 	Consignee
	Integra LifeSciences Corporation

	 	ROCKY MOUNTAIN SURGERY CENTER
	 	1450 Ellis Street, Bozeman, MT 59715
	 	Consignee
	Integra LifeSciences Corporation

	 	TUOMEY HEALTHCARE
	 	129 North Washington Street, Sumter, SC 29150
	 	Consignee
	Integra LifeSciences Corporation

	 	WAUWATOSA SURGERY CENTER
	 	10900 West Potter Road, Wauwatosa, WI 53226
	 	Consignee
	Integra LifeSciences Corporation

	 	ORTHOPEDIC SURGER CENTER
	 	111 Sunnyview Lane, Kalispell, MT 59901
	 	Consignee
	Integra LifeSciences Corporation

	 	UNIVERSITY OF TOLEDO MEDICAL CENTER
	 	3000 Arlington Avenue, Toledo, OH 43614
	 	Consignee
	Integra LifeSciences Corporation

	 	SURGICAL AND DIAGNOSTICS CENTER
	 	729 Bedford Euless Road, Hurst, TX 76053
	 	Consignee
	Integra LifeSciences Corporation

	 	LAKEVIEW SURGERY CENTER
	 	1750 60th Street, West Desmoines, IA 50266
	 	Consignee
	Integra LifeSciences Corporation

	 	WAYNE MEMORIAL
	 	2700 Wayne Memorial Drive, Goldsboro, NC 27534
	 	Consignee
	Integra LifeSciences Corporation

	 	ST VINCENT HEALTHCARE
	 	1233 N 30th Street, Billings, MT 59101
	 	Consignee
	Integra LifeSciences Corporation

	 	CAMPBELL SURGERY CENTER
	 	1410 Brierbrook Road, Germantown, TN 38138
	 	Consignee

 

 

 

Item C. Leased Property; Bailees

II. List of consignments for OrthoBiologics hospital accounts

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	Abington Memorial Hospital
	 	Karen Homer
	 	Abington
	 	PA
	ILS Corp

	 	Advanced Surgery Care
	 	Laurie Nichols
	 	St. Louis
	 	MO
	ILS Corp

	 	Affinity Medical Center
	 	M. Meredith
	 	Massillon
	 	OH
	ILS Corp

	 	Altoona Regional Health System
	 	Justin Kobuck
	 	Altoona
	 	PA
	ILS Corp

	 	Ambulatory Surgery Center of Spartanburg
	 	Mike Pankey
	 	Spartanburg
	 	SC
	ILS Corp

	 	Aultman Hospital
	 	Chris Moore
	 	Canton
	 	OH
	ILS Corp

	 	Aurora Surgery Center
	 	Dan Ortega
	 	Aurora
	 	CO
	ILS Corp

	 	Banner Boswell
	 	 	 	Sun City
	 	AZ
	ILS Corp

	 	Baptist Medical Center
	 	William Cline
	 	Nashville
	 	TN
	ILS Corp

	 	Bayfront Hospital
	 	Rene Dittmer
	 	St.Petersburg
	 	FL
	ILS Corp

	 	Baylor University
	 	 	 	Dallas
	 	TX
	ILS Corp

	 	Bay Regional
	 	James Bourden
	 	Bay City
	 	MI
	ILS Corp

	 	Bayonet Point
	 	Christy Falke
	 	Hudson
	 	FL
	ILS Corp

	 	Big Creek Surgery Center
	 	Cindy Ross
	 	Middleburg Heights
	 	OH
	ILS Corp

	 	Biloxi Reg Medical Center
	 	Rick Suiter
	 	Biloxi
	 	MS
	ILS Corp

	 	Bon Secours Venice Hospital
	 	Suzanne Roads
	 	Venice
	 	FL
	ILS Corp

	 	Boulder Community Hospital
	 	Mary Gardner
	 	Boulder
	 	CO
	ILS Corp

	 	Brandon Hospital
	 	Michelle Clark
	 	Brandon
	 	FL
	ILS Corp

	 	Buckhead AGBulatory Surg Ctr
	 	Lil Ghrist
	 	Atlanta
	 	GA
	ILS Corp

	 	California Medical Center
	 	Brian Taylor
	 	Los Angeles
	 	CA
	ILS Corp

	 	Carson Tahoe Reg Med Ctr
	 	Margo Lowe
	 	Carson
	 	NV
	ILS Corp

	 	Casa Colina
	 	James S
	 	Pomona
	 	CA
	ILS Corp

	 	Centennial Medical Center
	 	Vivian Conner
	 	Nashville
	 	TN
	ILS Corp

	 	Center for Spinal Surg (AKA Baptist North Towers
	 	 	 	Nashville
	 	TN
	ILS Corp

	 	Central Utah Surgical Center	 	 	 	 	 	 
	ILS Corp

	 	Centrum Surgery Center
	 	Linda TGBlegel
	 	Greenwood Vllg.
	 	CO
	ILS Corp

	 	Chapman Medical Center
	 	Guy Young
	 	Orange
	 	CA

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	ChaRLotte Regional Med Ctr
	 	Ruth Brenner
	 	Punta Gorda
	 	FL
	ILS Corp

	 	Chelsea Community Hosp
	 	Heidi Klinski
	 	Chelsea
	 	FL
	ILS Corp

	 	Childrens Hospital Boston
	 	Romina Almario
	 	Boston
	 	MA
	ILS Corp

	 	Childrens Hospital Waltham
	 	Herman Edey
	 	Waltham
	 	MA
	ILS Corp

	 	Christiana Hospital
	 	Tanya Bourne
	 	Newark
	 	DE
	ILS Corp

	 	Citrus Memorial Hospital
	 	Trip Mundy
	 	Inverness
	 	FL
	ILS Corp

	 	Clara Maass Medical Center
	 	Maulin Patel
	 	Belleville
	 	NJ
	ILS Corp

	 	Clark Memorial Hospital
	 	Linda Caldwell
	 	Jeffersonville
	 	IN
	ILS Corp

	 	Cleveland Clinic / Beachwood
	 	Cheryl Smith
	 	Beachwood
	 	OH
	ILS Corp

	 	Cleveland Clinic Lorain Amb
	 	Rita Bilancini
	 	Independence
	 	OH
	ILS Corp

	 	Coast Surgery Center
	 	Dickson Lopez
	 	San Diego
	 	CA
	ILS Corp

	 	Community Gen Hosp (Pinnacle)
	 	Otar Sarishvilli
	 	Harrisburg
	 	PA
	ILS Corp

	 	Community Health Partners (CHP)
	 	Cathy Verbier
	 	Lorain
	 	OH
	ILS Corp

	 	Covenant Med Ctr Lakeside
	 	 	 	Lubbock
	 	TX
	ILS Corp

	 	Crestwood Medical Center
	 	Nancy
	 	Huntsville
	 	AL
	ILS Corp

	 	Dartmouth Mary HitGBcock
	 	Omar Zook
	 	Lebanon
	 	NH
	ILS Corp

	 	Dauterive Hospital
	 	Neal Manuel
	 	New Iberia
	 	LA
	ILS Corp

	 	Davis Hospital
	 	Steve Kimber
	 	Layton
	 	UT
	ILS Corp

	 	DCH Regional Medical Center
	 	Jean TMelser
	 	Tuscaloosa
	 	AL
	ILS Corp

	 	Dekalb Medical Center
	 	Joseph Jackson
	 	Decatur
	 	GA
	ILS Corp

	 	Denver Health
	 	Denise Rosnick
	 	Denver
	 	CO
	ILS Corp

	 	Des Peres Hospial
	 	Michael Kendrick
	 	St. Louis
	 	MO
	ILS Corp

	 	Des Peres Square Surgery Ctr
	 	Eileen Evans
	 	St. Louis
	 	MO
	ILS Corp

	 	Desert Orthopedic Surgery Ctr
	 	Leanne Gallegos
	 	Rancho Mirage
	 	CA
	ILS Corp

	 	Desert Regional Med. Ctr.
	 	Steve Spencer
	 	Palm Springs
	 	CA
	ILS Corp

	 	DeTar Hospital
	 	Glenda Doebbler
	 	Victoria
	 	TX
	ILS Corp

	 	Doctors Community Hospital
	 	Van Jennings
	 	Lanham
	 	MD
	ILS Corp

	 	Doctors Hospital of San Pablo
	 	Barbara Pastori
	 	San Pablo
	 	CA
	ILS Corp

	 	Doctors Hospital of Sarasota
	 	Nancy Jones
	 	Sarasota
	 	FL
	ILS Corp

	 	Doctors Hosptial of Tattnall
	 	Dan Tanner
	 	Reidsville
	 	GA
	ILS Corp

	 	Doctors-Modesto
	 	Sami Nair
	 	Modesto
	 	CA

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	Dreyer AGBulatory Surg Ctr
	 	Cathy Woodworth
	 	Aurora
	 	IL
	ILS Corp

	 	Dry Creek Surgery
	 	Doug
	 	Englewood
	 	CO
	ILS Corp

	 	East GA Reg Med Ctr
	 	Linda Williams
	 	Statesboro
	 	GA
	ILS Corp

	 	Eden Hospital
	 	Hazel Fugett
	 	Castro Valley
	 	CA
	ILS Corp

	 	Edmond Reg Med Ctr
	 	Beverly McLemore
	 	Edmond
	 	OK
	ILS Corp

	 	Edward White Hospital
	 	Judith Mitchell
	 	St. Petersburg
	 	FL
	ILS Corp

	 	Eisenhower Medical Center
	 	Carole Hagenow
	 	RanGB Mirage
	 	CA
	ILS Corp

	 	Emanuel Medical Center
	 	Joe OsteCJ SEund
	 	TuCJ SEock
	 	CA
	ILS Corp

	 	Emerson Hospital	 	 	 	 	 	 
	ILS Corp

	 	Fellowship Spine Surgery
	 	Deb Schlesinger
	 	Mt. Laurel
	 	NJ
	ILS Corp

	 	Florida Hospital Waterman
	 	Jennifer Wetz
	 	Eustis
	 	FL
	ILS Corp

	 	Forsyth Memorial Hospital
	 	Gerry Reid
	 	Winstom Salem
	 	NC
	ILS Corp

	 	Fountain Valley Regional
	 	Tito
	 	Fountain Valley
	 	CA
	ILS Corp

	 	Franklin Square Hospital
	 	Kenneth W.
	 	Baltimore
	 	MD
	ILS Corp

	 	Fremont Area Med Ctr
	 	Becky
	 	Fremont
	 	NE
	ILS Corp

	 	French Hospital Medical Center
	 	Jim Paulsen
	 	San Luis Obisp
	 	CA
	ILS Corp

	 	Fulton County
	 	Cindy Wanless
	 	Wauseon
	 	OH
	ILS Corp

	 	Garden City
	 	Annette Krupa
	 	Garden City
	 	MI
	ILS Corp

	 	Good Samaritan Hospital
	 	Bob Hanson
	 	Downers Grove
	 	IL
	ILS Corp

	 	Good Samaritan Medical Center
	 	James Watson
	 	West Palm Beach
	 	FL
	ILS Corp

	 	Great Plains Regional MC
	 	Lance Arterburn
	 	North Platte
	 	NE
	ILS Corp

	 	Greater Baton Rouge
	 	Kim Doucet
	 	Baton Rouge
	 	LA
	ILS Corp

	 	Gulf Coast Outpatient
	 	Elanna Edge
	 	Biloxi
	 	MS
	ILS Corp

	 	Gulf South SC
	 	Jane Wallace
	 	Gulport
	 	MS
	ILS Corp

	 	Hackensack Medical Center
	 	Chris Bush
	 	Hackensack
	 	NJ
	ILS Corp

	 	Hamot Medical Center
	 	Robert Klein
	 	Erie
	 	PA
	ILS Corp

	 	Harrisburg Hospital
	 	Otar Sarishvili
	 	Harrisburg
	 	PA
	ILS Corp

	 	Harton Regional Medical Center
	 	Todd Emory
	 	Tullahoma
	 	TN
	ILS Corp

	 	Harrisburg Endoscopy & Surgery Center
	 	 	 	Harrisburg
	 	PA
	ILS Corp

	 	Health Central
	 	Marsha Bommer
	 	Ocoee
	 	FL
	ILS Corp

	 	Health Center Northwest
	 	Trina Stivers
	 	Kalispell
	 	MT

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	Health South Surg of Jax
	 	Wendy
	 	Jackson
	 	MS
	ILS Corp

	 	HealthPark Hospital
	 	Chris Henson
	 	Hot Springs
	 	AR
	ILS Corp

	 	HealthSouth AlhaGBra SurgCtr
	 	GBrist LoGBoy
	 	Sacramento
	 	CA
	ILS Corp

	 	Healthsouth ChaRLotte
	 	Sue Simpson
	 	ChaCJ SEotte
	 	NC
	ILS Corp

	 	HealthSouth Surgery Center
	 	John C.
	 	Lexington
	 	KY
	ILS Corp

	 	Heartland Regional Medical Center
	 	Linda Whitsell
	 	St. Joseph
	 	MO
	ILS Corp

	 	Hemet Valley Medical Center
	 	Lisa Dew
	 	Hemet
	 	CA
	ILS Corp

	 	Henry Ford Macomb
	 	Joseph Bertrum
	 	Township
	 	MI
	ILS Corp

	 	Hiawatha Community Hospital
	 	Ronna Boltz
	 	Hiawatha
	 	KS
	ILS Corp

	 	Holmes Regional
	 	Brenda Rivera
	 	Melbourne
	 	FL
	ILS Corp

	 	Holy Family
	 	Lisa Sherman
	 	Manitowoc
	 	WI
	ILS Corp

	 	Holy Name Hospital
	 	Nick Fava
	 	Teaneck
	 	NJ
	ILS Corp

	 	Holy Redeemer
	 	Suzanne Merryman
	 	Meadowbrook
	 	PA
	ILS Corp

	 	Holy Spirit
	 	Jim Fisher
	 	Camp Hill
	 	PA
	ILS Corp

	 	Ingham Regional Medical Center
	 	Linda Vincent
	 	Lansing
	 	MI
	ILS Corp

	 	Inland Valley RMC
	 	Jim Wooton
	 	Wildomar
	 	CA
	ILS Corp

	 	John Muir Hospital
	 	Richard Johnson
	 	Walnut Creek
	 	CA
	ILS Corp

	 	Kaiser — Morse
	 	Mary Shovelton
	 	Sacramento
	 	CA
	ILS Corp

	 	Kaiser Bellflower
	 	Linda Kawaguchi
	 	Bellflower
	 	CA
	ILS Corp

	 	Kaiser — Downey
	 	Kathy Ferguson
	 	Downey
	 	CA
	ILS Corp

	 	Kaiser Hospital-Harbor City
	 	Yeon Kim
	 	Harbor City
	 	CA
	ILS Corp

	 	Kaiser-Sand Canyon
	 	Harry or Delores
	 	Irvine
	 	CA
	ILS Corp

	 	Kalispell Regional Med Ctr
	 	Jayne Wangerin
	 	Kalispell
	 	MT
	ILS Corp

	 	Kershaw County Medical Center
	 	Debra Kreis
	 	Camden
	 	SC
	ILS Corp

	 	KP Select — Vallejo
	 	Josephine Wasco
	 	Vallejo
	 	CA
	ILS Corp

	 	Kuakini Medical Center
	 	Elaine Moreno
	 	Honolulu
	 	HI
	ILS Corp

	 	Lahey Clinic
	 	 	 	BuCJ SEington
	 	MA
	ILS Corp

	 	Lake CuGBeRLand Regional
	 	Amy Garrison
	 	Somerset
	 	KY
	ILS Corp

	 	Lakeland Regional Med Center
	 	Jeffrey ReTGBke
	 	Lakeland
	 	FL
	ILS Corp

	 	Lakeside Hospital
	 	Paige Gerdes
	 	Metairie
	 	LA
	ILS Corp

	 	Leesburg Regional Medical Center
	 	Tom Banks
	 	Leesburg
	 	FL

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	Lexington MC
	 	Robert G
	 	West Columbia
	 	SC
	ILS Corp

	 	Little Company of Mary
	 	Carol Glover
	 	Torrance
	 	CA
	ILS Corp

	 	Littleton Regional Hospital
	 	Anne McLachlin
	 	Littleton
	 	NH
	ILS Corp

	 	Lodi Memorial Hosp
	 	William Wesley
	 	Lodi
	 	CA
	ILS Corp

	 	Los Alamitos Medical Center
	 	Tony Umazon
	 	Los Alamitos
	 	CA
	ILS Corp

	 	Los Alamitos Surgery Center
	 	Kevin Duong
	 	Los Alamitos
	 	CA
	ILS Corp

	 	Lovelace
	 	Deanna Monroe
	 	Albuquerque
	 	NM
	ILS Corp

	 	Lowry Surgery Center
	 	Authea Lovato
	 	Denver
	 	CO
	ILS Corp

	 	Lutheran Hospital
	 	Kris Waller
	 	Wheat Ridge
	 	CO
	ILS Corp

	 	Lutheran Hospital
	 	Donna Harris
	 	Cleveland
	 	OH
	ILS Corp

	 	MacNeal Hospital
	 	Kathy Lorenc
	 	Berwyn
	 	IL
	ILS Corp

	 	Marshall Hospital
	 	Whitney Ross
	 	Placerville
	 	CA
	ILS Corp

	 	Mason Ridge Surgery Center
	 	Shelia Zuranski
	 	St. Louis
	 	MO
	ILS Corp

	 	Mass Gen/Northshore
	 	Ivonne Ehrlich
	 	Danvers
	 	MA
	ILS Corp

	 	McBride Clinic
	 	Ryan Kohs
	 	Oklahoma City
	 	OK
	ILS Corp

	 	McHenry Surgery Center
	 	Coleen DeLeon
	 	Modesto
	 	CA
	ILS Corp

	 	McLaren Regional Medical Center
	 	David Bueby
	 	Flint
	 	MI
	ILS Corp

	 	Meadows Regional Medical Center
	 	John Ross
	 	Vidalia
	 	GA
	ILS Corp

	 	MedCenter One Health
	 	Dawn Bauer
	 	Bismark
	 	ND
	ILS Corp

	 	Memorial Hosp — Medford
	 	Kate Metz
	 	Medford
	 	WI
	ILS Corp

	 	Memorial Hosp-Carbondale
	 	Shawn Davis x65889
	 	Carbondale
	 	IL
	ILS Corp

	 	Memorial Hospital Ormond Beach
	 	Gary Carter
	 	Ormond Beach
	 	FL
	ILS Corp

	 	Menifee Valley Medical Ctr
	 	 	 	Sun City
	 	CA
	ILS Corp

	 	Methodist AGBulatory
	 	Mary Lou Montoya
	 	San Antonio
	 	TX
	ILS Corp

	 	Metropolitan Surgery Center
	 	Sue Rowan/MaryAnne
	 	Hackensack
	 	NJ
	ILS Corp

	 	MetroWest Medical Center
	 	Paul A
	 	Natick
	 	MA
	ILS Corp

	 	Mid Rivers Surgery Center
	 	Julie Subbert
	 	St. Peters
	 	MO
	ILS Corp

	 	Middle Tennessee Med Ctr
	 	Angie Reagan
	 	Murfreesboro
	 	TN
	ILS Corp

	 	Midlands Orthopaedics Surg Cntr
	 	Cheryl Leaphart
	 	Columbia
	 	SC
	ILS Corp

	 	Midwest Regional Hospital
	 	Doug Ferman
	 	Midwest City
	 	OK
	ILS Corp

	 	Milford Rr Med Ctr
	 	Gary F
	 	Milford
	 	MA

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	MIS
	 	Lynette
	 	Lafayette
	 	CO
	ILS Corp

	 	Mission Hospital
	 	 	 	Mission
	 	TX
	ILS Corp

	 	Mission Valley Surgery Ctr
	 	Vicki Wiesner
	 	San Diego
	 	CA
	ILS Corp

	 	Mississippi Surgery Center
	 	Angel Davis
	 	Jackson
	 	MS
	ILS Corp

	 	Missouri Baptist Hospital
	 	Pete Peters
	 	St. Louis
	 	MO
	ILS Corp

	 	Monmouth Med Ctr
	 	Dawn Singleton
	 	Long Branch
	 	NJ
	ILS Corp

	 	Morton Plant Mease Health
	 	Melissa Monreal
	 	Clearwater
	 	FL
	ILS Corp

	 	Moses Cone Hospital
	 	Kenneth Boggs
	 	Greensboro
	 	NC
	ILS Corp

	 	Munster Same Day Surgery Center
	 	 	 	Munster
	 	IN
	ILS Corp

	 	Naples Community Hospital (NCH)
	 	David Mobley
	 	Naples
	 	FL
	ILS Corp

	 	Nashville Surgery Center
	 	Paula Bennett
	 	Nashville
	 	TN
	ILS Corp

	 	Nathan Littaeur Hospital
	 	Nancy Travis
	 	Gloversville
	 	NY
	ILS Corp

	 	Neuro Med Ctr Hosp
	 	Patti Clement
	 	Baton Rouge
	 	LA
	ILS Corp

	 	New Iberia Surgery Center
	 	Michael Bertrand
	 	New Iberia
	 	LA
	ILS Corp

	 	New Milford Hospital
	 	Barbara Webb
	 	New Milford
	 	CT
	ILS Corp

	 	New Port Richey Hospital
	 	Glenn R.
	 	New Port Richey
	 	FL
	ILS Corp

	 	Norman Regional Hospital
	 	Greg Watt
	 	Norman
	 	OK
	ILS Corp

	 	Northeast Alabama Regional
	 	Cecelia Martin
	 	Annisto
	 	AL
	ILS Corp

	 	Northport Medical Center
	 	Ron Algiere
	 	Northport
	 	AL
	ILS Corp

	 	Northshore Univ. Hosp. Plainview
	 	Gaye Sardalis
	 	Plainview
	 	NY
	ILS Corp

	 	Northside Hospital
	 	Judy Esserwein
	 	Atlanta
	 	GA
	ILS Corp

	 	Novato Comm Hospital
	 	Devin Russell
	 	Novato
	 	CA
	ILS Corp

	 	Oakleaf Hospital
	 	Denise Freid
	 	Eau Claire
	 	WI
	ILS Corp

	 	Oakwood Annapolis Hospital
	 	Bev Handelman
	 	Wayne
	 	MI
	ILS Corp

	 	Oakwood Hospital
	 	Pamela Stevens
	 	Dearborn
	 	MI
	ILS Corp

	 	Oakwood Southshore
	 	Cindy Masserant
	 	Trenton
	 	MI
	ILS Corp

	 	Ocean Medical Center
	 	Denise Irizarray
	 	Brick
	 	NJ
	ILS Corp

	 	Ocean Springs Hospital
	 	Cherie Borgstede
	 	Ocean Sprngs
	 	MS
	ILS Corp

	 	Okla Ctr for Ortho & Multi Spec
	 	Jeff Bibb
	 	Okla City
	 	OK
	ILS Corp

	 	Olive Surgery Ctr
	 	Judy Hunter
	 	St. Louis
	 	MO
	ILS Corp

	 	Orlando Regional Med Ctr
	 	Dario Vasquez
	 	OCJ SEando
	 	FL

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	Oro Valley Hospital
	 	Tim Lorenzen
	 	Tucson
	 	AZ
	ILS Corp

	 	Orthopedic Center at Springhill
	 	James Robson
	 	Mobile
	 	AL
	ILS Corp

	 	Orthopedic Surgical Ctr NC
	 	Jennifer Graham
	 	Greensboro
	 	NC
	ILS Corp

	 	Osceola Regional Hospital
	 	Martha Bennett
	 	Kissimmee
	 	FL
	ILS Corp

	 	OveRLand Park Reg. Med. Ctr.
	 	Jane Gillespie
	 	OveCJ SEand Park
	 	KS
	ILS Corp

	 	Pacific Rim
	 	Margie Hildre
	 	Bellingham
	 	WA
	ILS Corp

	 	Palm Bay Community Hospital
	 	Crystal Wilson
	 	Palm Bay
	 	FL
	ILS Corp

	 	Palm Beach Garden Med Ctr
	 	 	 	Palm Beach Gard
	 	FL
	ILS Corp

	 	Palmetto Baptist Medical Center
	 	 	 	ColuGBia
	 	SC
	ILS Corp

	 	Palms West
	 	Pete Richter
	 	Loxahatchee
	 	FL
	ILS Corp

	 	Palmyra Medical Center
	 	 	 	Albany
	 	GA
	ILS Corp

	 	Panama City Surgery Center
	 	Dacon BuGBanan
	 	Panama City
	 	FL
	ILS Corp

	 	Park Plaza
	 	 	 	Houston
	 	TX
	ILS Corp

	 	Parkway Medical Center
	 	Gary Moody
	 	Decatur
	 	AL
	ILS Corp

	 	Petaluma Valley Hospital
	 	Arkadi
	 	Petaluma
	 	CA
	ILS Corp

	 	Placentia Linda Hospital
	 	Joyce Titus
	 	Placentia
	 	CA
	ILS Corp

	 	Plaza Surgery Center
	 	KimbeCJ SEy Brooker
	 	Jacksonville
	 	FL
	ILS Corp

	 	Porter Memorial Hosp
	 	Susan Greene
	 	Denver
	 	CO
	ILS Corp

	 	Presbyterian Hosp of Dallas
	 	Mary Josephine Jiminez
	 	Dallas
	 	TX
	ILS Corp

	 	Progress West Hlthcare Ctr
	 	Lisa Wenndel
	 	O’Fallon
	 	MO
	ILS Corp

	 	Providence Hospital
	 	GBeryl Thompson
	 	Mobile
	 	AL
	ILS Corp

	 	Pueblo SC
	 	Kelly Schmidt
	 	Pueblo
	 	CO
	ILS Corp

	 	Queen of the Valley
	 	Sandy Kelly
	 	West Covina
	 	CA
	ILS Corp

	 	Quincy Hospital
	 	James Martell
	 	Quincy
	 	MA
	ILS Corp

	 	Reading Hospital
	 	Jan Graham
	 	Wyomissing
	 	PA
	ILS Corp

	 	Regional MC — Bayonet Point
	 	GBristina Katamay
	 	Hudson
	 	FL
	ILS Corp

	 	Regional Medical Center
	 	Sheri Moody
	 	Orangeburg
	 	SC
	ILS Corp

	 	Riverside Community Hospital
	 	Anita Cox
	 	Riverside
	 	CA
	ILS Corp

	 	Riverside Methodist Hospital
	 	Nancy Skaggs
	 	Columbus
	 	OH
	ILS Corp

	 	Riverview Hospital
	 	Carole Haferman
	 	Wisconsin Rapids
	 	WI

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	Robinson Memorial Hospital
	 	Richard B.
	 	Ravenna
	 	OH
	ILS Corp

	 	Rockford Orthopedic Surg Ctr
	 	Amy Folk
	 	Rockford
	 	IL
	ILS Corp

	 	Rockside Road Surgery Center
	 	Lydia Arnost
	 	Independence
	 	OH
	ILS Corp

	 	Rose Medical Center
	 	 	 	Denver
	 	CO
	ILS Corp

	 	Rush Copley Medical Center
	 	 	 	Aurora
	 	IL
	ILS Corp

	 	Sacred Heart Hospital
	 	James Hull
	 	Pensacola
	 	FL
	ILS Corp

	 	San Juan Reg Med Ctr
	 	Sue Gil
	 	Farmington
	 	NM
	ILS Corp

	 	Sarasota Memorial
	 	Melody Redden
	 	Sarasota
	 	FL
	ILS Corp

	 	Sarasota Physicians Surg Ctr
	 	Kelly Johnson
	 	Sarasota
	 	FL
	ILS Corp

	 	Self Regional Healthcare
	 	Peggy Patrick
	 	Greenwood
	 	SC
	ILS Corp

	 	Shannon Medical Center
	 	Carolyn Tegeler
	 	San Angelo
	 	TX
	ILS Corp

	 	Sherman Oaks Hospital
	 	Jonathan Harris
	 	Sherman Oaks
	 	CA
	ILS Corp

	 	Sid Peterson
	 	Lillian B
	 	Kerrville
	 	TX
	ILS Corp

	 	Seven Rivers Hospital
	 	Linda Perrin
	 	Crystal River
	 	FL
	ILS Corp

	 	Short Hills Surgery Center
	 	Diana White
	 	Millburn
	 	NJ
	ILS Corp

	 	Shriners Hosp for Children
	 	Julie Winnington
	 	Sacramento
	 	CA
	ILS Corp

	 	Sierra Surgical Hospital
	 	Donna Dickton
	 	Carson City
	 	NV
	ILS Corp

	 	Sierra View Hospital
	 	Debbie Cornell
	 	Porterville
	 	CA
	ILS Corp

	 	Singing River
	 	Wendy Lomax
	 	Pascagoula
	 	MS
	ILS Corp

	 	Skokie Hospital (formeRLy 21524)
	 	Kathyrn Wagner
	 	Skokie
	 	IL
	ILS Corp

	 	Skyridge Surgery Center
	 	Kamy Leeret
	 	Lonetree
	 	CO
	ILS Corp

	 	So Central Regional KS Med Center
	 	Patricia Davis
	 	Arkansas City
	 	KS
	ILS Corp

	 	Sonoma Valley
	 	Ellen Shannahern
	 	Sonoma
	 	CA
	ILS Corp

	 	South Florida Baptist
	 	Kelli Holcomb
	 	Plant City
	 	FL
	ILS Corp

	 	South Jersey Regional
	 	BeveCJ SEy ChaCJ SEes
	 	Vineland
	 	NJ
	ILS Corp

	 	South Lake Hospital
	 	Sherri Reynolds
	 	Clermont
	 	FL
	ILS Corp

	 	South Miami Hospital
	 	Curt Thompson
	 	Miami
	 	FL
	ILS Corp

	 	Southern Hills
	 	Myrat
	 	Las Vegas
	 	NV
	ILS Corp

	 	Southwest Texas Methodist
	 	Hope Menchaca
	 	San Antonio
	 	TX
	ILS Corp

	 	Southwestern Vermont Medical Center
	 	Ruth Metcalfe
	 	Bennington
	 	VT

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	Sparrow Health Systems
	 	George Brown
	 	Lansign
	 	MI
	ILS Corp

	 	Sparta Community Hospital
	 	Rhonda P
	 	Sparta
	 	IL
	ILS Corp

	 	Spine Hospital of Texas
	 	Max Gomez
	 	San Antonio
	 	TX
	ILS Corp

	 	Spring View Hospital
	 	K. McKinney
	 	Lebanon
	 	KY
	ILS Corp

	 	St. Agnes Medical Center
	 	Larry
	 	Fresno
	 	CA
	ILS Corp

	 	St. Catherine Hospital
	 	Jeanne Burkhart
	 	Garden City
	 	KS
	ILS Corp

	 	St. Clares Hlth Svcs-Denville
	 	Debra A. O’Brien
	 	Denville
	 	NJ
	ILS Corp

	 	St. Clares Hlth Svcs-Dover
	 	Debra A. O’Brien
	 	Dover
	 	NJ
	ILS Corp

	 	St. Dominic Health Services
	 	Alan
	 	Jackson
	 	MS
	ILS Corp

	 	St. Elizabeth Medical Ctr Boston
	 	Michael Casey
	 	Brighton
	 	MA
	ILS Corp

	 	St. Elizabeth Hospital
	 	Barbara Noufer
	 	Youngstown
	 	OH
	ILS Corp

	 	St. Francis Hospital
	 	Carrie
	 	Beech Grove
	 	IN
	ILS Corp

	 	St. Joseph Center for Outpatient Surg
	 	Renee Bottorff
	 	St. Joseph
	 	MO
	ILS Corp

	 	St. Joseph Hospital
	 	Cheryl Cashwell
	 	Tampa
	 	FL
	ILS Corp

	 	St. Joeseph Hospital WI
	 	Jon Willi
	 	Chippewa Falls
	 	WI
	ILS Corp

	 	St. Joseph Medical Center
	 	Lynn King
	 	Polson
	 	MT
	ILS Corp

	 	St. Joseph Mercy
	 	Glenda or Henry M.
	 	Hot Springs
	 	AR
	ILS Corp

	 	St. Louis Spine Surgery Center
	 	Tisha Hoofman
	 	Creve Coeur
	 	MO
	ILS Corp

	 	St. Luke’s Hospital
	 	 	 	Phoenix
	 	AZ
	ILS Corp

	 	St. Mary Mercy
	 	Todd Fahr
	 	Grand Rapids
	 	MI
	ILS Corp

	 	St. Marys Hospital Decatur
	 	Lisa Garner-Smith
	 	Decatur
	 	IL
	ILS Corp

	 	St. Marys Health System Inc.
	 	Gregory B. Little
	 	Knoxville
	 	TN
	ILS Corp

	 	St. Marys Healthcare Systems
	 	Cindy Hopkins
	 	Athens
	 	GA
	ILS Corp

	 	St. Mary’s Hospital
	 	Robert Wilkins
	 	Rogers
	 	AR
	ILS Corp

	 	St. Mary’s Medical Center
	 	Vincent Page
	 	Long Beach
	 	CA
	ILS Corp

	 	St. Mary’s Medical Center
	 	Albert Duran
	 	Apple Valley
	 	CA
	ILS Corp

	 	St. Petersburg General Hosp
	 	Robert Conroy
	 	St. Petersburg
	 	FL
	ILS Corp

	 	St. Rose Hospital
	 	Carmen Laver
	 	Hayward
	 	CA
	ILS Corp

	 	St. Thomas Hospital
	 	Rhonda Ross
	 	Nashville
	 	TN
	ILS Corp

	 	St. Thomas Surgicare
	 	Kathy Massey
	 	Nashville
	 	TN
	ILS Corp

	 	St. Vincent Charity Hospital
	 	Fran Varga
	 	Cleveland
	 	OH

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	St. Vincent East
	 	Theresa Tundal
	 	Birmingham
	 	AL
	ILS Corp

	 	St. Vincent Medical Center
	 	Michelle Mallett
	 	Toledo
	 	OH
	ILS Corp

	 	St. Vincent’s Medical Center
	 	Jacque Turner
	 	Jacksonville
	 	FL
	ILS Corp

	 	St. Vincent’s Medical Center
	 	Laura Marguy
	 	Bridgeport
	 	CT
	ILS Corp

	 	Summit Surgery & Recovery
	 	Tracey Peterson
	 	Flagstaff
	 	AZ
	ILS Corp

	 	Sun Coast Hospital
	 	Orvie
	 	Largo
	 	FL
	ILS Corp

	 	Sunrise Hosp
	 	Lana Arad
	 	Las Vegas
	 	NV
	ILS Corp

	 	SUNY Health Science Center
	 	Tressa Krenzert
	 	Syracuse
	 	NY
	ILS Corp

	 	Surgery Center Central Florida
	 	Robin Barnes
	 	Sebring
	 	FL
	ILS Corp

	 	Surgery Center of the Pacific
	 	Rudy Grimaldo
	 	Santa Monica
	 	CA
	ILS Corp

	 	Surgical Center at Cedar Knolls
	 	David Christel
	 	Cedar Knolls
	 	NJ
	ILS Corp

	 	Surgery Center of Middle TN
	 	Rachel Hall
	 	Columbia
	 	TN
	ILS Corp

	 	Surgical Hospital of Oklahoma
	 	Wes Burks
	 	Oklahoma City
	 	OK
	ILS Corp

	 	Surgical Specialty Hosp of AZ
	 	Michael Cox
	 	Phoenix
	 	AZ
	ILS Corp

	 	Sutter General Hospital
	 	Robin Just
	 	Sacramento
	 	CA
	ILS Corp

	 	Sycamore Hospital
	 	Cherie Leggett
	 	Miamisburg
	 	OH
	ILS Corp

	 	Tahlequah City Hospital
	 	Brenda Evens
	 	Tahlequah
	 	Ok
	ILS Corp

	 	Tampa General Hospital
	 	Millie Good
	 	Tampa
	 	FL
	ILS Corp

	 	Tanner Medical Center
	 	Brenda
	 	Carrollton
	 	GA
	ILS Corp

	 	Tech Regional Med Ctr
	 	Tammy Clements
	 	Morgan City
	 	LA
	ILS Corp

	 	Terrebonne General Med Ctr
	 	Katina
	 	Houma
	 	LA
	ILS Corp

	 	The Brooklyn Hospital
	 	F. Medrano
	 	Brooklyn
	 	FL
	ILS Corp

	 	Thomas Memorial
	 	Kim Conner
	 	ChaCJ SEeston
	 	WV
	ILS Corp

	 	Three Gables Surgery Center
	 	Mark Kinnon
	 	Proctorville
	 	OH
	ILS Corp

	 	Torrance Surgery Center
	 	Aldo Beltran
	 	Torrance
	 	CA
	ILS Corp

	 	Total Surgery Center
	 	Peggy Kiefer
	 	Naples
	 	FL
	ILS Corp

	 	Trophy Club Med Ctr
	 	Paula Losasso
	 	Trophy Club
	 	TX
	ILS Corp

	 	Tulane Medical Center
	 	Sue Walker
	 	New OCJ SEeans
	 	LA
	ILS Corp

	 	Tucson Surgery Center
	 	 	 	Tucson
	 	AZ
	ILS Corp

	 	UC Davis
	 	Patrick Lastowski
	 	Sacramento
	 	CA
	ILS Corp

	 	UK HealthCare-Good Sam (frmly Samaritan Hosp 20193)
	 	Anne Wilson
	 	Leington
	 	KY

 

 

 

	 	 	 	 	 	 	 	 	 
	Consignee	 	Hospital	 	Contact Name	 	City	 	State
	ILS Corp

	 	University Hospital
	 	David Feryanitz
	 	Denver
	 	CO
	ILS Corp

	 	University Medical Center
	 	 	 	Lebanon
	 	TN
	ILS Corp

	 	University of CA San Diego
	 	 	 	San Diego
	 	CA
	ILS Corp

	 	University of Kentucky
	 	Paul Reister
	 	Lexington
	 	KY
	ILS Corp

	 	UPMC Northwest MC
	 	 	 	Seneca
	 	PA
	ILS Corp

	 	Upstate Medical University
	 	Nick Nicotra
	 	Syracuse
	 	NY
	ILS Corp

	 	Upstate Orthopedics
	 	John Keller
	 	East Syracuse
	 	NY
	ILS Corp

	 	USA Medical Center
	 	Lisa Mestas
	 	Mobile
	 	AL
	ILS Corp

	 	VA Bay Pine Med Center
	 	Wanda Clark
	 	Bay Pine
	 	FL
	ILS Corp

	 	VA Hospital of ColuGBia
	 	LV Ingram
	 	ColuGBia
	 	SC
	ILS Corp

	 	Valley Care Med Center
	 	Joseph Macias
	 	Pleasanton
	 	CA
	ILS Corp

	 	Vanderbilt Ortho Surg Ctr
	 	Faye Dodson
	 	Nashville
	 	TN
	ILS Corp

	 	Via Christi RMC-St Francis Campus
	 	Jerry Ellis
	 	Wichita
	 	KS
	ILS Corp

	 	Waterfront Surgery Center, LLC
	 	Daniel
	 	Homestead
	 	PA
	ILS Corp

	 	Weirton Medical Center
	 	Sherri Williams
	 	Weirton
	 	WV
	ILS Corp

	 	Wesley Medical Center
	 	James Shows
	 	Hattiesburg
	 	MS
	ILS Corp

	 	Wesley Medical Center
	 	Dallas Shaffer
	 	WitGBita
	 	KS
	ILS Corp

	 	West Florida Regional Med Ctr
	 	Elaine Gimlin
	 	Pensacola
	 	FL
	ILS Corp

	 	Westmoreland Reg
	 	Jessie Hickson
	 	Greensburg
	 	PA
	ILS Corp

	 	Williamsport Hospital
	 	Howard Simpson
	 	Williamsport
	 	PA
	ILS Corp

	 	Woodwinds
	 	Tricia Weisz
	 	Woodbury
	 	MN
	ILS Corp

	 	York Hospital
	 	Mary Armstrong
	 	York
	 	PA

 

 

 

Item C. Leased Property; Bailees

III. List of consignments for OrthoBiologics distributor accounts

	 	 	 	 	 	 	 
	DESCRIPTION	 	CITY	 	STATE	 	 
	3D Spinal Solutions, LLC

	 	Pittsford 
	 	NY 
	 	 
	Advanced Medical 

	 	St. Louis 
	 	MO 
	 	 
	Alliance Medical, L.L.C. 

	 	Latrobe 
	 	PA 
	 	 
	Atchley Ortho, L.L.C. 

	 	Durango 
	 	CO 
	 	 
	Bluegrass Spine Assoc - OH 

	 	Austin 
	 	TX 
	 	 
	Bluegrass Spine Assoc. - KY 

	 	Tampa 
	 	FL 
	 	 
	Brooks Medical, LLC - A2061 

	 	Pompano 
	 	FL 
	 	 
	Brooks Medical, LLC - A2071 

	 	Ann Arbor 
	 	MI 
	 	 
	CCM Partners, L.L.C. 

	 	San Diego 
	 	CA 
	 	 
	CCM Partners, LLC - Evansville

	 	West Columbia 
	 	SC 
	 	 
	CCM Partners, LLC - Ft. Wayne
 

	 	Prairieville 
	 	LA 
	 	 
	CCM Partners, LLC - Indianapol

	 	West Columbia 
	 	SC 
	 	 
	CCM Partners, LLC - MI

	 	Austin 
	 	TX 
	 	 
	CCM Partners, LLC - OH 

	 	San Francisco 
	 	CA 
	 	 
	CK Orthopaedics, Inc. 

	 	Rockledge 
	 	FL 
	 	 
	Core Medical, LLC - OH 

	 	St. Louis 
	 	MO 
	 	 
	Del TX LLC 

	 	Fishers 
	 	IN 
	 	 
	Del TX-MS, LLC 

	 	Austin 
	 	TX 
	 	 
	Dryan Medical, LLC 

	 	St. Louis
	 	MO 
	 	 
	DTM Medical Inc 

	 	Fishers 
	 	IN 
	 	 
	Encore South East & Assoc. LLC

	 	Fishers 
	 	IN 
	 	 
	Ethical Medical, L.L.C. 

	 	Fishers 
	 	IN 
	 	 
	F & F Ventures, Inc. 

	 	North Caldwell 
	 	NJ 
	 	 
	GAP Medical, LLC 

	 	Bourbonnais 
	 	IL 
	 	 
	Genesis Associates 

	 	St. Louis 
	 	MO 
	 	 
	I.M. Hipp, Inc. 

	 	Maple Grove 
	 	MN 
	 	 
	MAB Surgical, LLC 

	 	Atlanta 
	 	GA 
	 	 
	MacLean Surgical, Inc. 

	 	Bourbonnais 
	 	IL 
	 	 

 

 

 

	 	 	 	 	 	 	 
	DESCRIPTION	 	CITY	 	STATE	 	 
	Mark Starring and Assoc., Inc 

	 	Omaha 
	 	NE 
	 	 
	MedCOR Professionals, Inc. 

	 	Birmingham 
	 	AL 
	 	 
	Medical Excellence SW, Inc-AZ 

	 	Westerville 
	 	OH 
	 	 
	Medlink Inc. 

	 	Boise 
	 	ID 
	 	 
	MedTrex Inc 

	 	North Caldwell 
	 	NJ 
	 	 
	Medtrex Surg and Orthobiologic

	 	Scottsdale 
	 	AZ 
	 	 
	Mitts Medical, Inc. A2044 

	 	Fishers
	 	IN 
	 	 
	Mitts Medical, Inc. A2047 

	 	Birmingham 
	 	AL 
	 	 
	Moore Medical Solutions, LLC 

	 	Prospect 
	 	KY 
	 	 
	Operating Room Specialty, LLC 

	 	Prospect 
	 	KY 
	 	 
	Ortho Endeavors, Inc. 

	 	Annapolis 
	 	MD 
	 	 
	OSS - Central Texas 

	 	La Verne 
	 	CA 
	 	 
	OSS - Dallas Fort Worth 

	 	Dakota Dunes 
	 	SD 
	 	 
	OSS - Houston 

	 	Madison 
	 	MS 
	 	 
	P.A.N.D.A Global Med Supply 

	 	Durango 
	 	CO 
	 	 
	Peak Medical 

	 	Fayetteville 
	 	NY 
	 	 
	Precision Orthopedics 

	 	Salem 
	 	NH 
	 	 
	Quest Orthopedics, LLC 

	 	Beaverton 
	 	OR 
	 	 
	Quest Orthopedics, LLC-PA 

	 	Huntsville 
	 	UT 
	 	 
	RAM Surgical Solutions, Inc. 

	 	Greenville 
	 	DE 
	 	 
	Red Mountain Surgical 

	 	Honolulu 
	 	HI 
	 	 
	Red Mountain Surgical - CO 

	 	North Attleboro 
	 	MA 
	 	 
	Rehab Specialists, Inc. 

	 	Las Vegas 
	 	NV 
	 	 
	RM Strategy, L.L.C. 

	 	Los Angeles 
	 	CA 
	 	 
	Rose & Associates, Inc. 

	 	Pickett 
	 	WI 
	 	 
	Seacoast Surgical 

	 	Nashville 
	 	TN 
	 	 
	Spectra Surgical Supply, Inc 

	 	Phoenix 
	 	AZ 
	 	 
	Summit Surgical, Inc. 

	 	Little Rock 
	 	AR 
	 	 
	Summit Surgical, Inc. 

	 	Bryant 
	 	AR 
	 	 
	Summit Surgical, Inc. 

	 	Lakewood 
	 	CO 
	 	 
	Surgical Solutions 

	 	Lakewood 
	 	CO 
	 	 
	Ten30, Inc. 

	 	Lakewood 
	 	CO 
	 	 

 

 

 

	 	 	 	 	 	 	 
	DESCRIPTION	 	CITY	 	STATE	 	 
	TKO Surgical, Inc. 

	 	El Paso 
	 	TX 
	 	 
	TriMedix, Inc. 

	 	Tuscon 
	 	AZ 
	 	 
	Trinity Medical, Inc. 

	 	Tucson 
	 	AZ 
	 	 
	Trinity Orthopedic & Spine 

	 	Muskego 
	 	WI 
	 	 
	Undefeated, LLC 

	 	Fishers 
	 	IN 
	 	 
	Valley Surgical 

	 	Prairieville 
	 	LA 
	 	  
	West Coast Spine & Ortho 

	 	Little Rock 
	 	AR 
	 	 
	Whitman & Associates — KS 

	 	Metairie 
	 	LA 
	 	 
	Whitman & Associates A1022 

	 	Virginia Beach 
	 	VA 
	 	 
	Whitman & Associates A2036 

	 	South Burlington 
	 	VT 
	 	 
	Whitman & Associates A2037

	 	East Petersburg
	 	PA 
	 	 
	Wild Country Surgical, Inc. 

	 	Scottsdale
	 	AZ 
	 	 
	Y2K Spine, LLC

	 	Scarborough 
	 	ME 
	 	 
	Zimmer Cook Associates Inc 

	 	Valley Village 
	 	CA 
	 	 
	Zimmer InterMed 

	 	Shreveport 
	 	LA 
	 	 

 

 

 

Item C. Leased Property; Bailees

IV. List of consignments for Surgical Instruments

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Postal
	Description	 	Address1	 	City	 	State	 	Code
	OHIO STATE UNIVERSITY HOSPITAL & MEDICAL CENTER

	 	452 W PENN ST
	 	COLUMBUS
	 	OH
	 	 	43210	 
	98152 Porter Medical Sales

	 	86 OLIVER ST
	 	ROCHESTER
	 	NY
	 	 	14607	 
	HOSPITAL-Ransom Memorial Hospital

	 	1301 S MAIN ST
	 	OTTAWA
	 	KS
	 	 	66067-3537	 
	LSU MEDICAL CENTER/SHREVEPORT

	 	1541 KINGS HWY
	 	SHREVEPORT
	 	LA
	 	 	71130	 
	Springfield Hospital

	 	190 W SPROUL RD
	 	SPRINGFIELD
	 	PA
	 	 	19064	 
	NAPLES COMMUNITY HOSPITAL

	 	350 7TH ST N
	 	NAPLES
	 	FL
	 	 	34102-5754	 
	HOSPITAL-St. Lukes South Hospital

	 	12300 METCALF AVE
	 	OVERLAND PARK
	 	KS
	 	 	66213	 
	MEDICAL COLLEGE OF PENNSYLVANIA

	 	3300 HENRY AVE
	 	PHILADELPHIA
	 	PA
	 	 	19129	 
	CULLMAN REGIONAL MEDICAL CENTER

	 	1912 ALABAMA HWY 157
	 	CULLMAN
	 	AL
	 	 	35058	 
	PARK RIDGE HOSPITAL

	 	1555 LONG POND RD
	 	ROCHESTER
	 	NY
	 	 	14626	 
	VALLEY PRESBYTERIAN

	 	15107 VANOWEN ST
	 	VAN NUYS
	 	CA
	 	 	91405	 
	KAISER PERM FNDN HOSP&MED CTR

	 	4867 SUNSET BLVD
	 	LOS ANGELES
	 	CA
	 	 	90027	 
	BAPTIST MEDICAL SYSTEM

	 	9601 I630 EXIT 7
	 	LITTLE ROCK
	 	AR
	 	 	72205-7202	 
	COX HEALTH SYSTEMS

	 	3801 S NATIONAL AVE
	 	SPRINGFIELD
	 	MO
	 	 	65807	 
	NORTH CENTRAL BRONX HOSP

	 	3424 KOSSUTH AVE
	 	BRONX
	 	NY
	 	 	10467	 
	ST VINCENT INFIRMARY MED

	 	2 ST VINCENT CIR
	 	LITTLE ROCK
	 	AR
	 	 	72205	 
	BROOKWOOD MEDICAL CENTER

	 	2010 BROOKWOOD MEDICAL CENTER DR
	 	HOMEWOOD
	 	AL
	 	 	35209	 
	FRESNO COMMUNITY HOSPITAL

	 	2130 E ILLINOIS AVE
	 	FRESNO
	 	CA
	 	 	93701	 
	OAKWOOD MEDICAL CENTER

	 	18101 OAKWOOD BLVD
	 	DEARBORN
	 	MI
	 	 	48124	 
	UNIVERSITY OF IOWA

	 	200 HAWKINS DR
	 	IOWA CITY
	 	IA
	 	 	52242-1007	 
	St. Bernards Regional Medical Center

	 	225 E JACKSON AVE
	 	JONESBORO
	 	AR
	 	 	72401	 
	POH MEDICAL CENTER

	 	50 N PERRY ST
	 	PONTIAC
	 	MI
	 	 	48342	 
	TAYLOR HOSPITAL

	 	175 E CHESTER PIKE
	 	RIDLEY PARK
	 	PA
	 	 	19078	 
	JACOBI MEDICAL CENTER

	 	1400 PELHAM PKWY S
	 	BRONX
	 	NY
	 	 	10461	 
	HOSPITAL — HAHNEMANN HOSPITAL

	 	1400 RACE ST
	 	PHILADELPHIA
	 	PA
	 	 	19102	 

 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Postal
	Description	 	Address1	 	City	 	State	 	Code
	ST CLAIR HOSPITAL

	 	1000 BOWER HILL RD
	 	PITTSBURGH
	 	PA
	 	 	15243	 
	MEDICAL CENTER EAST

	 	50 MEDICAL PARK E DR
	 	BIRMINGHAM
	 	AL
	 	 	35235	 
	EAST ALABAMA MEDICAL CENTER

	 	2000 PEPPERELL PKWY
	 	OPELIKA
	 	AL
	 	 	36801	 
	ST LUKES HOSPITAL

	 	512 S 11TH ST
	 	BOISE
	 	ID
	 	 	83702	 
	SOUTHERN NH REG MEDICAL CENTER

	 	8 PROSPECT ST
	 	NASHUA
	 	NH
	 	 	03060	 
	ATLANTIC CITY MEDICAL CENTER

	 	JIM LEEDS RD
	 	POMONA
	 	NJ
	 	 	08240	 
	Kennedy Memorial Hospital Cherry Hill

	 	2201 CHAPEL AVE W
	 	CHERRY HILL
	 	NJ
	 	 	08002	 
	KENNEDY MEMORIAL HOSPITAL-STRATFORD DIVISION

	 	18 E LAUREL RD STRATFORD DIVISION
	 	STRATFORD
	 	NJ
	 	 	08084	 
	HOSPITAL-Kennedy Hospital-Washington Division

	 	435 HURFFVILLE CROSSKEYS RD WASHINGTON DIV
	 	TURNERSVILLE
	 	NJ
	 	 	08012	 
	UNDERWOOD HOSPITAL

	 	509 N BROAD ST
	 	WOODBURY
	 	NJ
	 	 	08096-7359	 
	Crozer Chester Hospital

	 	1 MED CTR BLVD
	 	UPLAND
	 	PA
	 	 	19013	 
	PHOENIXVILLE HOSPITAL

	 	140 NUTT RD
	 	PHOENIXVILLE
	 	PA
	 	 	19460	 
	HOSPITAL — ACCT # 80036 UNION MEMORIAL HOSP

	 	201 E UNIVERSITY PKWY
	 	BALTIMORE
	 	MD
	 	 	21218	 
	LENOIR MEMORIAL HOSPITAL

	 	100 AIRPORT RD
	 	KINSTON
	 	NC
	 	 	28501	 
	PHOEBE PUTNEY MEMORIAL HOSP

	 	1008 N MONROE ST
	 	ALBANY
	 	GA
	 	 	31701-1904	 
	EGLESTON CHILDRENS HEALTHCARE — acct# 80193

	 	1405 CLIFTON RD NE
	 	ATLANTA
	 	GA
	 	 	30322	 
	Floyd Medical Center

	 	304 TURNER MCCALL BLVD
	 	ROME
	 	GA
	 	 	30165	 
	74436-ROCKDALE HOSPITAL

	 	1412 MILSTEAD AVE SE
	 	CONYERS
	 	GA
	 	 	30012	 
	HOSPITAL-Lakeland Regional Medical Center

	 	1324 LAKELAND HILLS BLVD
	 	LAKELAND
	 	FL
	 	 	33805	 
	ST MARY’S MEDICAL CENTER

	 	800 S WASHINGTON AVE
	 	SAGINAW
	 	MI
	 	 	48601	 
	Suburban Medical

	 	4001 DUTCHMANS LN
	 	LOUISVILLE
	 	KY
	 	 	40207	 
	Baptist Memorial Health Care

	 	6019 WALNUT GROVE RD
	 	MEMPHIS
	 	TN
	 	 	38120	 
	METHODIST HEALTHCARE — MEMPHIS

	 	7691 POPLAR AVE
	 	GERMANTOWN
	 	TN
	 	 	38138	 
	FORREST COUNTY GENERAL HOSPITAL

	 	6051 US HWY 49
	 	HATTIESBURG
	 	MS
	 	 	39401	 
	HOSPITAL — Ocean Springs Hospital

	 	3109 BIENVILLE BLVD
	 	OCEAN SPRINGS
	 	MS
	 	 	39564	 
	HOSPITAL-N. Central Methodist Ambulatory Surg Ctr

	 	19010 STONE OAK PKWY
	 	SAN ANTONIO
	 	TX
	 	 	78258	 
	HOSPITAL FOR SPECIAL SURGERY

	 	535 E 70TH ST
	 	NEW YORK
	 	NY
	 	 	10021-4823	 
	HOSPITAL — New England Baptist Hospital

	 	125 PARKER HILL AVE
	 	BOSTON
	 	MA
	 	 	02120	 
	HOSPITAL — Virginia Regional MC

	 	901 9TH ST N
	 	VIRGINIA
	 	MN
	 	 	55792	 
	ST FRANCIS HOSPITAL

	 	2122 MANCHESTER EXPY
	 	COLUMBUS
	 	GA
	 	 	31904	 
	PROVIDENCE HOSPITAL

	 	6801 AIRPORT BLVD
	 	MOBILE
	 	AL
	 	 	36608	 
	GRADY MEMORIAL HOSPITAL

	 	80 BUTLER ST SE
	 	ATLANTA
	 	GA
	 	 	30336	 
	Lakewood Ranch Medical Center

	 	8330 LAKEWOOD RANCH BLVD
	 	BRADENTON
	 	FL
	 	 	34202	 
	HOSPITAL — KAISER FOUNDATION HOSP

	 	2295 VINEYARD AVE
	 	ONTARIO
	 	CA
	 	 	91761	 
	HOSPITAL-University of Miami

	 	1400 NW 12TH AVE
	 	MIAMI
	 	FL
	 	 	33136	 
	UNIVERSITY OF COLORADO HOSPITAL

	 	4200 E 9TH AVE
	 	DENVER
	 	CO
	 	 	80262	 

 

 

 

EXHIBIT A-1

to

Security Agreement

FORM OF ACCOUNT CONTROL AGREEMENT

ACCOUNT CONTROL AGREEMENT

(Securities Accounts and Deposit Accounts)

This ACCOUNT CONTROL AGREEMENT, dated as of
 _____ __,
 _____ 
(this “Agreement”), among
INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the “Borrower”), the
affiliates of the Borrower identified as “Grantors” on the signature page of this Agreement (the
Borrower and such affiliates are each referred to herein, individually, as a “Grantor” and,
collectively, as the “Grantors”), BANK OF AMERICA, N.A., as administrative agent and
collateral agent (in such capacity, the “Administrative Agent”) for the Secured Parties (as
defined in the Security Agreement referred to below), and [NAME OF SECURITIES INTERMEDIARY] (the
“Securities Intermediary”).

W I T N E S S E T H:

WHEREAS, pursuant to an Amended and Restated Security Agreement dated as of August 10, 2010
(as such agreement may be amended, amended and restated, supplemented or otherwise modified from
time to time, the “Security Agreement”), among the Grantors and the Administrative Agent
and in order to obtain the benefits referred to therein, each Grantor has granted to the
Administrative Agent a security interest in, among other things, each Account (as defined below) of
such Grantor, all funds deposited to such Account, all financial assets (as defined in the Uniform
Commercial Code as from time to time in effect in the State of New York) maintained in such
Account, all proceeds thereof and distributions in connection therewith (collectively, the
“Collateral”);

WHEREAS, each Grantor has agreed with the Administrative Agent to maintain subject to the
provisions of the Security Agreement each demand, time, savings, passbook or similar account of
such Grantor maintained with the Securities Intermediary (each a “Deposit Account”) and
each securities account of such Grantor maintained with the Securities Intermediary (each a
“Securities Account”; each Deposit Account and each Securities Account is referred to
herein, individually, as an “Account” and, collectively, as the “Accounts”), each
of which is described opposite the name of such Grantor on Schedule 1 hereto; and

WHEREAS, each Grantor, the Administrative Agent and the Securities Intermediary are entering
into this Agreement to provide that the Administrative Agent shall have the right to exercise
exclusive control over the Accounts and all amounts and financial assets maintained therein as
herein provided at any time after the occurrence and during the continuance of an Event of Default
(as defined in the Security Agreement);

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

 

 

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements
hereinafter set forth, each Grantor, the Administrative Agent and the Securities Intermediary agree
as follows:

1. The following terms (whether or not underscored) when used in this Agreement, including its
preamble and recitals shall have the following meanings (such definitions to be equally applicable
to the singular and plural forms thereof):

“Account Agreement” means, with respect to each Account of a Grantor, the agreement in
respect of such Account between such Grantor and the Securities Intermediary, as such agreement may
be amended, supplemented or otherwise modified from time to time pursuant to the terms thereof and,
except as provided in Section 11 hereof, with the prior written consent of the
Administrative Agent.

“Activation Period” means the period commencing within a reasonable period of time not
to exceed two Business Days after the Securities Intermediary’s receipt of the Notice and ending on
the date the Notice is withdrawn or rescinded by a further written notice delivered by the
Administrative Agent to the Securities Intermediary.

“Business Day” means each Monday through Friday, excluding any holiday on which the
Securities Intermediary is customarily closed for business.

“Collateral Account” means an account controlled by the Administrative Agent as
designated to the Securities Intermediary in the Notice or other written notice delivered to the
Securities Intermediary by the Administrative Agent.

“Damages” is defined in Section 6(a).

“Grantors’ Agent” means the Borrower acting in its capacity as agent for itself and
the other Grantors for purposes of administering this Agreement. Any notices delivered to the
Grantors’ Agent hereunder shall be deemed to have been delivered to each Grantor.

“Notice” means written notice from Administrative Agent to the Securities Intermediary
in the form of Attachment I hereto. The Administrative Agent shall also deliver a copy of
each Notice to the Grantors’ Agent as and when delivered to the Securities Intermediary.

“Order” means any writ, levy, order or other similar judicial or regulatory order or
process.

“Retained Balance” means, on any date, the aggregate of the available cash balances in
all the Accounts on such date which is less than $5,000.

2. The Securities Intermediary is hereby authorized as follows:

(a) (i) Prior to the Activation Period the Securities Intermediary may follow the Securities
Intermediary’s usual procedures as may be more particularly provided in the applicable Account
Agreement in the event any Account or any check, draft or other order
for payment of money or financial asset maintained therein should be or become the subject of
any Order.

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

- 2 -

 

(b) Prior to the Activation Period, the Securities Intermediary may permit each Grantor (i) to
sell financial assets in any Account of such Grantor and invest the proceeds of such sales, as well
as other funds in such Account in other financial assets, in each case as otherwise permitted
pursuant to the applicable Account Agreement; provided, however, that until so sold
or invested all such financial assets, proceeds thereof or other funds shall be maintained in such
Account subject to the terms of this Agreement (and all property held by the Securities
Intermediary for the account of a Grantor is, and will continue to be, credited to an Account of
such Grantor until transferred as permitted by this Agreement); and (ii) to otherwise operate and
transact business through any Account of such Grantor in its normal fashion, including making
withdrawals from any such Account in accordance with the applicable Account Agreement. (Each
Grantor confirms to the Administrative Agent that it will also operate each Account in accordance
with any investment restrictions contained in the other Loan Documents (as defined in the Security
Agreement)).

(c) During the Activation Period, the Securities Intermediary shall (i) transfer by wire
transfer to the Collateral Account pursuant to the Administrative Agent’s instructions any
collected and available cash credit balances in each Account each Business Day to the extent that
the aggregate of the available cash credit balances in all the Accounts on such Business Day
exceeds the Retained Balance and (ii) manage each Account and all financial assets and other items
therein as the Administrative Agent may direct in writing from time to time (including using the
Securities Intermediary’s best efforts to place or negotiate orders to sell securities in such
Account and to transfer the proceeds of any such sale which are in excess of the Retained Balance
to the Collateral Account). Funds are not available if, in the reasonable determination of
Securities Intermediary, they are subject to an Order preventing their withdrawal. The
Administrative Agent will give the Securities Intermediary sufficient advance written notice of any
change in the instructions for Securities Intermediary to act upon such changes.

(d) During the Activation Period, (i) no Grantor shall have any right (and the Securities
Intermediary will not permit any Grantor) to trade or in any manner withdraw or transfer any or all
financial assets or credit balances in any Account and (ii) the Securities Intermediary shall not
accept or honor any instructions from or on behalf of any Grantor in respect of any Account or any
other Collateral.

(e) Each Grantor hereby irrevocably authorizes and instructs the Securities Intermediary to
perform and comply with the terms of this Agreement.

(f) The Administrative Agent acknowledges and agrees that the Securities Intermediary has the
right to charge each Account from time to time, as set forth in Section 4(a) of this
Agreement, and that Administrative Agent has no right to the sums so withdrawn by the Securities
Intermediary. During the Activation Period, the Administrative Agent and the Grantors agree that
the Securities Intermediary has the right to apply the Retained Balance to pay the accrued and
unpaid obligations of the Grantors pursuant to Sections 4(a), 4(b), 7(a),
and 8 of this Agreement.

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

- 3 -

 

3. The Securities Intermediary hereby represents and warrants, acknowledges and agrees, as
follows:

(a) at all times during the Activation Period without further instructions from any Grantor it
will comply with (i) all entitlement orders originated by the Administrative Agent in respect of
the Accounts and all financial assets maintained therein, and (ii) all instructions originated by
the Administrative Agent directing disposition of any funds maintained in any Account, in each
case, which are delivered in accordance with Section 2(c) of this Agreement;

(b) at all times it will treat all cash, amounts, balances and other property maintained in
any Account as a financial asset under Article 8 of the Uniform Commercial Code;

(c) it is the securities intermediary with respect to any property credited from time to time
to each Account;

(d) at all times the location of the Bank and the location of each Account under this
Agreement (and each Account Agreement) for all purposes of the Uniform Commercial Code shall be the
State of New York;

(e) (i) it has been notified of the Administrative Agent’s security interest in the Accounts
and the other Collateral granted by the Grantors under the Security Agreement;

(ii) it has recorded such security interest on its books and records;

(iii) as of the date hereof it has received no notice of any other security
interest or any Order in respect of any Account or any other Collateral (except for
the interest of the Securities Intermediary contemplated by this Agreement); and

(iv) it will advise the Administrative Agent in writing promptly following its
receipt of notice of any such other security interest or Order;

(f) it will not advance margin or other credit against any Account or any other Collateral or
hypothecate any financial assets or other items carried in any Account;

(g) it will not agree with any person or entity (other than a Grantor or the Administrative
Agent) that it will comply (and it shall not comply) with any withdrawal, transfer, payment, or
redemption instruction, or any other entitlement order or other order, from such other person or
entity concerning any Account or any financial asset or other items therein; and

(h) it will not offset against any Account, except as permitted under Section 4(a) of
this Agreement.

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

- 4 -

 

4. (a) The Securities Intermediary may charge each Account of any Grantor for all returned
checks of such Grantor, all service charges, and other fees and charges associated with such
Account as provided in the applicable Account Agreement and all other amounts due to the Securities
Intermediary from any Grantor under Sections 4(b), 7(a) and 8 of this
Agreement.

(b) If the balances in any Account of any Grantor are not sufficient to compensate the
Securities Intermediary for any fees or charges due to the Securities Intermediary under the
applicable Account Agreement in respect of such Account or any other amounts due to the Securities
Intermediary pursuant to Sections 7(a) and 8 of this Agreement, each Grantor
jointly and severally agrees to pay Securities Intermediary on demand the amount due Securities
Intermediary. A Grantor will have breached this Agreement if such Grantor has not paid the
Securities Intermediary, within 30 days after any such demand, the amount due Securities
Intermediary.

(c) If the Grantors have breached their obligations to the Securities Intermediary pursuant to
Section 4(b) of this Agreement at any time during the Activation Period, then the
Administrative Agent shall pay the Securities Intermediary (i) the amount of any unpaid fees or
other charges in respect to any Account under the applicable Account Agreement incurred during the
Activation Period and (ii) if any amount in respect any returned check, draft or other order for
payment shall have been transferred by the Securities Intermediary to the Administrative Agent
during the Activation Period pursuant to Section 2(c) of this Agreement, the amount in
respect of any such returned item so received by the Administrative Agent. The Administrative
Agent will have breached this Agreement if the Administrative Agent has not paid any such amount to
the Securities Intermediary within 30 days after any such demand.

5. Termination of this Agreement shall be as follows:

(a) (i) The Securities Intermediary may terminate this Agreement upon 30 days’ prior written
notice to the Administrative Agent and the Grantors’ Agent.

(ii) The Administrative Agent may terminate this Agreement upon 30 days’ prior
written notice to the Grantors’ Agent and the Securities Intermediary.

(iii) The Grantors may not terminate this Agreement except with the prior
written consent of the Administrative Agent and upon 30 days’ prior written notice
to the Securities Intermediary.

(b) Notwithstanding subsection 5(a), the Securities Intermediary may terminate this Agreement
upon 10 Business Days’ prior written notice to the Grantors’ Agent and the Administrative Agent if:
(i) any Grantor or the Administrative Agent breaches any of the terms of this Agreement; (ii) any
Grantor breaches any other agreement with the Securities Intermediary or any agreement involving
the borrowing of money or extension of credit; (iii) any Grantor liquidates, dissolves, merges with
or into or consolidates with another entity or sells, leases or disposes of a substantial portion
of its business or assets; (iv) any Grantor terminates its business, fails generally or admits in
writing its inability to pay its debts as they become due; any
bankruptcy, reorganization, arrangement, insolvency, dissolution or similar proceeding is
instituted with respect to such Grantor; any Grantor makes any assignment for the benefit of
creditors or enters into any composition with creditors or takes any action in furtherance of any
of the foregoing; or (v) any material adverse change occurs in any Grantor’s financial condition,
results of operations or ability to perform its obligations under this Agreement. Grantors’ Agent
shall promptly give written notice to Securities Intermediary of the occurrence of any of the
foregoing events.

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

- 5 -

 

(c) Upon any termination of this Agreement, the Securities Intermediary shall close each
Account and transfer all funds, financial assets and other items in the Accounts (i) if during the
Activation Period, to the Collateral Account designated in writing by the Administrative Agent to
the Securities Intermediary pursuant to Section 2(c) (or otherwise) and (ii) at all other
times, as directed by the Grantors’ Agent in writing with a copy to the Administrative Agent.

6. (a) The Securities Intermediary will not be liable to any Grantor or the Administrative
Agent for any expense, claim, loss, damage or cost (“Damages”) arising out of or relating
to its performance under this Agreement other than those Damages which result directly from its
acts or omissions constituting negligence.

(b) In no event will the Securities Intermediary be liable for any special, indirect,
exemplary or consequential damages, including but not limited to lost profits.

(c) The Securities Intermediary will be excused from failing to act or delay in acting, and no
such failure or delay shall constitute a breach of this Agreement or otherwise give rise to any
liability of the Securities Intermediary, if (i) such failure or delay is caused by circumstances
beyond Securities Intermediary’s reasonable control, including but not limited to legal constraint,
emergency conditions, action or inaction of governmental, civil or military authority, fire,
strike, lockout or other labor dispute, war, riot, theft, flood, earthquake or other natural
disaster, breakdown of public or private or common carrier communications or transmission
facilities, equipment failure, or act, negligence or default of any Grantor or Administrative Agent
or (ii) such failure or delay resulted from Securities Intermediary’s reasonable belief that the
action would have violated any guideline, rule or regulation of any governmental authority.

(d) The Securities Intermediary shall not be held responsible for (i) any decline in the
market value of the Collateral or the failure to notify any Grantor or the Administrative Agent
thereof or (ii) the failure to take any action with respect to the Collateral, except as expressly
provided in this Agreement.

(e) Except with respect to obligations and duties expressly provided in this Agreement, this
Agreement shall not impose or create any obligations or duties upon the Securities Intermediary
that are greater than or in addition to those provided in the Account Agreements.

(f) The Securities Intermediary may act upon any instrument or other writing believed by it in
good faith to be genuine and to have been signed or presented by a
person purporting to be an authorized officer of a Grantor or the Administrative Agent, as the
case may be.

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

- 6 -

 

(g) If in doubt as to its duties and responsibilities hereunder, the Securities Intermediary
may consult with counsel of its choice and shall be protected in any action taken or omitted to be
taken in connection with the advice or opinion of such counsel.

7. (a) Each Grantor shall jointly and severally indemnify Securities Intermediary against, and
hold it harmless from, any and all liabilities, claims, costs, expenses and damages of any nature
(including but not limited to reasonable attorneys’ fees and expenses incurred in enforcing this
Agreement) in any way arising out of or relating to disputes or legal actions concerning this
Agreement. This section does not apply to any cost or damage attributable to the gross negligence
or intentional misconduct of Securities Intermediary. Grantors’ obligations under this section
shall survive termination of this Agreement.

(b) To the extent the Grantors shall fail to fully indemnify the Securities Intermediary
pursuant to Section 7(a) of this Agreement, the Administrative Agent shall indemnify the
Securities Intermediary against, and hold it harmless from, any and all liabilities, claims, costs,
expenses and damages of any nature (including but not limited to reasonable attorneys’ fees and
expenses incurred in enforcing this Section 7(b)) in any way arising out of or relating to
the Securities Intermediary complying with instructions or requests of the Administrative Agent
during the Activation Period. This section does not apply to any cost or damage attributable to
the gross negligence or intentional misconduct of Securities Intermediary. The Administrative
Agent’s obligations under this section shall survive termination of this Agreement.

8. Each Grantor agrees to pay to the Securities Intermediary, upon receipt of Securities
Intermediary’s invoice, all reasonable costs, expenses and reasonable attorneys’ fees and expenses
incurred by Securities Intermediary in connection with the enforcement of this Agreement and any
instrument or agreement required hereunder, including but not limited to any such reasonable costs,
expenses and fees arising out of the resolution of any conflict, dispute, motion regarding
entitlement to rights or rights of action, or other action to enforce Securities Intermediary’s
rights hereunder in a case arising under Title 11, United States Code. Each Grantor agrees to pay
Securities Intermediary, upon receipt of Securities Intermediary’s invoice, all costs, expenses and
reasonable attorneys’ fees and expenses incurred by Securities Intermediary in the preparation and
administration of this Agreement (including any amendments hereto or instruments or agreements
required hereunder).

9. Each Grantor represents and warrants that: (a) this Agreement constitutes its duly
authorized, legal, valid, binding and enforceable obligation subject to bankruptcy laws and
equitable principles; (b) the performance of its obligations under this Agreement and the
consummation of the transactions contemplated hereunder will not (i) constitute or result in a
breach of its certificate or articles of incorporation, by-laws or partnership agreement, as
applicable, or the provisions of any material contract to which it is a party or by which it is
bound or (ii) result in the violation of any law, regulation, judgment, decree or governmental
order applicable to it; (c) all approvals and authorizations required to permit the execution,
delivery, performance and consummation of this Agreement and the transactions contemplated
hereunder have been obtained; and (d) it has not assigned or granted a security interest in
any Account or any other Collateral, except to Administrative Agent and the Securities Intermediary
as contemplated by this Agreement and the applicable Account Agreement.

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

- 7 -

 

10. In addition to the original statements, which will be provided to Grantors’ Agent on
behalf of the applicable Grantor, Securities Intermediary will provide Administrative Agent with a
duplicate statement and such other account information reasonably requested by Administrative Agent
relative to any Account and the financial assets and credit balances therein. Each Grantor
authorizes Securities Intermediary to provide any account information requested by Administrative
Agent.

11. This Agreement may be amended only by a writing signed by each Grantor, Administrative
Agent and Securities Intermediary; except that prior to the Activation Period Securities
Intermediary’s charges pursuant to each Account Agreement are subject to change by Securities
Intermediary upon 30 days’ prior written notice to Grantors’ Agent, with a copy to the
Administrative Agent.

12. This Agreement may be executed in counterparts; all such counterparts shall constitute but
one and the same agreement.

13. Any written notice or other written communication to be given to each party under this
Agreement shall be addressed to the person at the address set forth on the signature page of this
Agreement or to such other person or address as a party may specify in writing. Except as
otherwise expressly provided herein, any such notice shall be effective upon receipt.

14. This Agreement controls in the event of any conflict between this Agreement and any other
document or written or oral statement. This Agreement supersedes all prior understandings,
writings, proposals, representations and communications, oral or written, of any party relating to
the subject matter hereof.

15. No Grantor or the Administrative Agent may assign any of its rights under this Agreement
without the prior written consent of Securities Intermediary.

16. Nothing contained in the Agreement shall create any agency, fiduciary, joint venture or
partnership relationship between any Grantor, Administrative Agent and Securities Intermediary.

17. This Agreement shall be interpreted in accordance with New York law.

[Signatures follow.]

Form of Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

- 8 -

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their duly authorized
officers as of the day and year first above written.

	 	 	 	 	 	 	 	 	 
	INTEGRA LIFESCIENCES HOLDINGS 

CORPORATION

(“Grantor”)	 	 	 	Address for notices to any Grantor:

c/o Integra LifeSciences Holdings Corporation	 	 
	 

	 	 	 	 	 	 

	 	 
	By:

	 	 	 	 	 	 

Attention:
	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	Telephone:	 	 
	 

	 	Title:
	 	 	 	Facsimile:	 	 
	 
	 	 	 	 	 	 	 	 
	[NAME OF OTHER GRANTOR]

(“Grantor”)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	By:
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	BANK OF AMERICA, N.A.,	 	 	 	Address for notices to Administrative Agent:	 	 
	as Administrative Agent	 	 	 	 	 	 
	(“Administrative Agent”)	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	Attention:	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	Telephone:	 	 
	 

	 	Title:
	 	 	 	Facsimile:	 	 
	 
	 	 	 	 	 	 	 	 
	[NAME OF SECURITIES INTERMEDIARY]	 	 	 	Address for notices to
Securities Intermediary:	 	 
	(“Securities Intermediary”)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	By:
	 	 	 	 	 	 	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:

Title:
	 	 	 	Attention

Telephone:	 	 
	 

	 	 	 	 	 	Facsimile:	 	 

Signature Page

Account Control Agreement

(Securities Accounts and Deposit Accounts)

 

 

 

ATTACHMENT I

Account Control Agreement

[Letterhead of Bank of America, N.A.]

as Administrative Agent]

	 	 	 	 	 
	To:

	 	[Name of Securities Intermediary]	 	 
	 
	 	 	 	 
	 

	 	 

Attention:
	 	 

Re: Integra LifeSciences Holdings Corporation

Ladies and Gentlemen:

Reference is made to the Account Control
Agreement dated as of _____ ___, _____ (the
“Agreement”), among Integra LifeSciences Holdings Corporation and certain of its
subsidiaries, the undersigned and you regarding the accounts (the “Accounts”) described in
Schedule 1 hereto. In accordance with Section 2 of the Agreement, we hereby give you notice of our
exercise of control of each Account and we hereby instruct you to transfer all collected and
available credit balances maintained therein which are in excess of the Retained Balance (as
defined in the Agreement) to the following account:

	 	 	 	 	 
	 

	 	Name:
	 	Bank of America, N.A.
	 

	 	Location:	 	 
	 

	 	ABA No.:
	 	                                        
	 

	 	Account No:
	 	                                        
	 

	 	Reference:
	 	Bank of America, N.A.,
	 

	 	 	 	as Administrative Agent/
	 

	 	 	 	Integra LifeSciences Holdings Corporation
	 

	 	 	 	Collateral Account

or otherwise in accordance with Administrative Agent’s instructions.

	 	 	 	 	 	 	 
	 	 	Very truly yours,	 	 
	 
	 	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A.,

as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

 

SCHEDULE 1

to

ACCOUNT CONTROL AGREEMENT

	 	 	 	 	 	 	 
	 	 	Securities Intermediary	 	 	 	 
	 	 	Name and Address	 	 	 	 
	 	 	for Account (if different	 	 	 	 
	Grantor	 	from notice address)	 	Account Name	 	Account Number
	 

	 	 	 	 	 	 

 

 

 

EXHIBIT A-2

to

Security Agreement

FORM OF ACCOUNT CONTROL AGREEMENT

ACCOUNT CONTROL AGREEMENT

(Deposit Accounts Only)

This ACCOUNT CONTROL AGREEMENT, dated as of
_____ ___, _____ (this “Agreement”),
among INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the “Borrower”),
the affiliates of the Borrower identified as “Grantors” on the signature page of this Agreement
(the Borrower and such affiliates are each referred to herein, individually, as a “Grantor”
and, collectively, as the “Grantors”), BANK OF AMERICA, N.A., as administrative agent and
collateral agent (in such capacity, the “Administrative Agent”) for the Secured Parties (as
defined in the Security Agreement referred to below), and [NAME OF BANK] (the “Bank”).

W I T N E S S E T H:

WHEREAS, pursuant to an Amended and Restated Security Agreement dated as of August 10, 2010
(as such agreement may be amended, amended and restated, supplemented or otherwise modified from
time to time, the “Security Agreement”), among the Grantors and the Administrative Agent
and in order to obtain the benefits referred to therein, each Grantor has granted to the
Administrative Agent a security interest in, among other things, each Account (as defined below) of
such Grantor, all funds deposited to such Account, all financial assets (as defined in the Uniform
Commercial Code as from time to time in effect in the State of New York) maintained in such
Account, all proceeds thereof and distributions in connection therewith (collectively, the
“Collateral”);

WHEREAS, each Grantor has agreed with the Administrative Agent to maintain subject to the
provisions of the Security Agreement each demand, time, savings, passbook or similar account of
such Grantor maintained with the Bank (each a “Deposit Account”; each Deposit Account is
referred to herein, individually, as an “Account” and, collectively, as the
“Accounts”), each of which is described opposite the name of such Grantor on Schedule
1 hereto; and

WHEREAS, each Grantor, the Administrative Agent and the Bank are entering into this Agreement
to provide that the Administrative Agent shall have the right to exercise exclusive control over
the Accounts and all amounts and financial assets maintained therein as herein provided at any time
after the occurrence and during the continuance of an Event of Default (as defined in the Security
Agreement);

Form of Account Control Agreement

(Deposit Accounts Only)

 

 

 

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements
hereinafter set forth, each Grantor, the Administrative Agent and the Bank agree as follows:

1. The following terms (whether or not underscored) when used in this Agreement, including its
preamble and recitals shall have the following meanings (such definitions to be equally applicable
to the singular and plural forms thereof):

“Account Agreement” means, with respect to each Account of a Grantor, the agreement in
respect of such Account between such Grantor and the Bank, as such agreement may be amended,
supplemented or otherwise modified from time to time pursuant to the terms thereof and, except as
provided in Section 11 hereof, with the prior written consent of the Administrative Agent.

“Activation Period” means the period commencing within a reasonable period of time not
to exceed two Business Days after the Bank’s receipt of the Notice and ending on the date the
Notice is withdrawn or rescinded by a further written notice delivered by the Administrative Agent
to the Bank.

“Business Day” means each Monday through Friday, excluding any holiday on which the
Bank is customarily closed for business.

“Collateral Account” means an account controlled by the Administrative Agent as
designated to the Bank in the Notice or other written notice delivered to the Bank by the
Administrative Agent.

“Damages” is defined in Section 6(a).

“Grantors’ Agent” means the Borrower acting in its capacity as agent for itself and
the other Grantors for purposes of administering this Agreement. Any notices delivered to the
Grantors’ Agent hereunder shall be deemed to have been delivered to each Grantor.

“Notice” means written notice from Administrative Agent to the Bank in the form of
Attachment I hereto. The Administrative Agent shall also deliver a copy of each Notice to
the Grantors’ Agent as and when delivered to the Bank.

“Order” means any writ, levy, order or other similar judicial or regulatory order or
process.

“Retained Balance” means, on any date, the aggregate of the available cash balances in
all the Accounts on such date which is less than $5,000.

2. The Bank is hereby authorized as follows:

(a) Prior to the Activation Period, the Bank may follow the Bank’s usual procedures as may be
more particularly provided in the applicable Account Agreement in the event any Account or any
check, draft or other order for payment of money maintained therein should be or become the subject
of an Order.

(b) Prior to the Activation Period, the Bank may permit each Grantor to operate and transact
business through any Account of such Grantor in its normal fashion,
including making withdrawals from any such Account in accordance with the applicable Account
Agreement.

Form of Account Control Agreement

(Deposit Accounts Only)

 

- 2 -

 

(c) During the Activation Period, the Bank shall (i) transfer by wire transfer to the
Collateral Account pursuant to the Administrative Agent’s instructions any collected and available
cash credit balances in each Account each Business Day to the extent that the aggregate of the
available cash credit balances in all the Accounts on such Business Day exceeds the Retained
Balance and (ii) manage each Account as the Administrative Agent may direct in writing from time to
time. Funds are not available if, in the reasonable determination of Bank, they are subject to an
Order preventing their withdrawal. The Administrative Agent will give the Bank sufficient advance
written notice of any change in the instructions for Bank to act upon such changes.

(d) During the Activation Period, the Bank shall not accept or honor any instructions from or
on behalf of any Grantor in respect of any Account or any other Collateral.

(e) Each Grantor hereby irrevocably authorizes and instructs the Bank to perform and comply
with the terms of this Agreement.

(f) The Administrative Agent acknowledges and agrees that the Bank has the right to charge
each Account from time to time, as set forth in Section 4(a) of this Agreement, and that
Administrative Agent has no right to the sums so withdrawn by the Bank. During the Activation
Period, the Administrative Agent and the Grantors agree that the Bank has the right to apply the
Retained Balance to pay the accrued and unpaid obligations of the Grantors pursuant to Sections
4(a), 4(b), 7(a), and 8 of this Agreement.

3. The Bank hereby represents and warrants, acknowledges and agrees, as follows:

(a) at all times during the Activation Period without further instructions from any Grantor it
will comply with all instructions originated by the Administrative Agent directing disposition of
any funds maintained in any Account, in each case, which are delivered in accordance with
Section 2(c) of this Agreement;

(b) at all times the location of the Bank and the location of each Account under this
Agreement (and each Account Agreement) for all purposes of the Uniform Commercial Code shall be the
State of New York;

(c) (i) it has been notified of the Administrative Agent’s security interest in the Accounts
and the other Collateral granted by the Grantors under the Security Agreement;

(ii) it has recorded such security interest on its books and records;

Form of Account Control Agreement

(Deposit Accounts Only)

 

- 3 -

 

(iii) as of the date hereof it has received no notice of any other security
interest or any Order in respect of any Account or any other Collateral (except for
the interest of the Bank contemplated by this Agreement); and

(iv) it will advise the Administrative Agent in writing promptly following its
receipt of notice of any such other security interest or Order;

(d) it will not advance any credit against any Account or any Collateral in any Account;

(e) it will not agree with any person or entity (other than a Grantor or the Administrative
Agent) that it will comply (and it shall not comply) with any withdrawal, transfer, payment, or
redemption instruction or other order, from such other person or entity concerning any Account; and

(f) it will not offset against any Account, except as permitted under Section 4(a) of
this Agreement.

4. (a) The Bank may charge each Account of any Grantor for all returned checks of such
Grantor, all service charges, and other fees and charges associated with such Account as provided
in the applicable Account Agreement and all other amounts due to the Bank from any Grantor under
Sections 4(b), 7(a) and 8 of this Agreement.

(b) If the balances in any Account of any Grantor are not sufficient to compensate the Bank
for any fees or charges due to the Bank under the applicable Account Agreement in respect of such
Account or any other amounts due to the Bank pursuant to Sections 7(a) and 8 of
this Agreement, each Grantor jointly and severally agrees to pay Bank on demand the amount due
Bank. A Grantor will have breached this Agreement if such Grantor has not paid the Bank, within 30
days after any such demand, the amount due Bank.

(c) If the Grantors have breached their obligations to the Bank pursuant to Section
4(b) of this Agreement at any time during the Activation Period, then the Administrative Agent
shall pay the Bank (i) the amount of any unpaid fees or other charges in respect to any Account
under the applicable Account Agreement incurred during the Activation Period and (ii) if any amount
in respect any returned check, draft or other order for payment shall have been transferred by the
Bank to the Administrative Agent during the Activation Period pursuant to Section 2(c) of
this Agreement, the amount in respect of any such returned item so received by the Administrative
Agent. The Administrative Agent will have breached this Agreement if the Administrative Agent has
not paid any such amount to the Bank within 30 days after any such demand.

5. Termination of this Agreement shall be as follows:

(a) (i) The Bank may terminate this Agreement upon 30 days’ prior written notice to the
Administrative Agent and the Grantors’ Agent.

Form of Account Control Agreement

(Deposit Accounts Only)

 

- 4 -

 

(ii) The Administrative Agent may terminate this Agreement upon 30 days’ prior
written notice to the Grantors’ Agent and the Bank.

(iii) The Grantors may not terminate this Agreement except with the prior
written consent of the Administrative Agent and upon 30 days’ prior written notice
to the Bank.

(b) Notwithstanding subsection 5(a), the Bank may terminate this Agreement upon 10 Business
Days’ prior written notice to the Grantors’ Agent and the Administrative Agent if: (i) any Grantor
or the Administrative Agent breaches any of the terms of this Agreement; (ii) any Grantor breaches
any other agreement with the Bank or any agreement involving the borrowing of money or extension of
credit; (iii) any Grantor liquidates, dissolves, merges with or into or consolidates with another
entity or sells, leases or disposes of a substantial portion of its business or assets; (iv) any
Grantor terminates its business, fails generally or admits in writing its inability to pay its
debts as they become due; any bankruptcy, reorganization, arrangement, insolvency, dissolution or
similar proceeding is instituted with respect to such Grantor; any Grantor makes any assignment for
the benefit of creditors or enters into any composition with creditors or takes any action in
furtherance of any of the foregoing; or (v) any material adverse change occurs in any Grantor’s
financial condition, results of operations or ability to perform its obligations under this
Agreement. Grantors’ Agent shall promptly give written notice to Bank of the occurrence of any of
the foregoing events.

(c) Upon any termination of this Agreement, the Bank shall close each Account and transfer all
funds in the Accounts (i) if during the Activation Period, to the Collateral Account designated in
writing by the Administrative Agent to the Bank pursuant to Section 2(c) (or otherwise) and
(ii) at all other times, as directed by the Grantors’ Agent in writing with a copy to the
Administrative Agent.

6. (a) The Bank will not be liable to any Grantor or the Administrative Agent for any expense,
claim, loss, damage or cost (“Damages”) arising out of or relating to its performance under
this Agreement other than those Damages which result directly from its acts or omissions
constituting negligence.

(b) In no event will the Bank be liable for any special, indirect, exemplary or consequential
damages, including but not limited to lost profits.

(c) The Bank will be excused from failing to act or delay in acting, and no such failure or
delay shall constitute a breach of this Agreement or otherwise give rise to any liability of the
Bank, if (i) such failure or delay is caused by circumstances beyond Bank’s reasonable control,
including but not limited to legal constraint, emergency conditions, action or inaction of
governmental, civil or military authority, fire, strike, lockout or other labor dispute, war, riot,
theft, flood, earthquake or other natural disaster, breakdown of public or private or common
carrier communications or transmission facilities, equipment failure, or act, negligence or default
of any Grantor or Administrative Agent or (ii) such failure or delay resulted from Bank’s
reasonable belief that the action would have violated any guideline, rule or regulation of any
governmental authority.

Form of Account Control Agreement

(Deposit Accounts Only)

 

- 5 -

 

(d) Except with respect to obligations and duties expressly provided in this Agreement, this
Agreement shall not impose or create any obligations or duties upon the Bank that are greater than
or in addition to those provided in the Account Agreements.

(e) The Bank may act upon any instrument or other writing believed by it in good faith to be
genuine and to have been signed or presented by a person purporting to be an authorized officer of
a Grantor or the Administrative Agent, as the case may be.

(f) If in doubt as to its duties and responsibilities hereunder, the Bank may consult with
counsel of its choice and shall be protected in any action taken or omitted to be taken in
connection with the advice or opinion of such counsel.

7. (a) Each Grantor shall jointly and severally indemnify Bank against, and hold it harmless
from, any and all liabilities, claims, costs, expenses and damages of any nature (including but not
limited to reasonable attorneys’ fees and expenses incurred in enforcing this Agreement) in any way
arising out of or relating to disputes or legal actions concerning this Agreement. This section
does not apply to any cost or damage attributable to the gross negligence or intentional misconduct
of Bank. Grantors’ obligations under this section shall survive termination of this Agreement.

(b) To the extent the Grantors shall fail to fully indemnify the Bank pursuant to Section
7(a) of this Agreement, the Administrative Agent shall indemnify the Bank against, and hold it
harmless from, any and all liabilities, claims, costs, expenses and damages of any nature
(including but not limited to reasonable attorneys’ fees and expenses incurred in enforcing this
Section 7(b)) in any way arising out of or relating to the Bank complying with instructions
or requests of the Administrative Agent during the Activation Period. This section does not apply
to any cost or damage attributable to the gross negligence or intentional misconduct of Bank. The
Administrative Agent’s obligations under this section shall survive termination of this Agreement.

8. Each Grantor agrees to pay to the Bank, upon receipt of Bank’s invoice, all reasonable
costs, expenses and reasonable attorneys’ fees and expenses incurred by Bank in connection with the
enforcement of this Agreement and any instrument or agreement required hereunder, including but not
limited to any such reasonable costs, expenses and fees arising out of the resolution of any
conflict, dispute, motion regarding entitlement to rights or rights of action, or other action to
enforce Bank’s rights hereunder in a case arising under Title 11, United States Code. Each Grantor
agrees to pay Bank, upon receipt of Bank’s invoice, all costs, expenses and reasonable attorneys’
fees incurred by Bank in the preparation and administration of this Agreement (including any
amendments hereto or instruments or agreements required hereunder).

9. Each Grantor represents and warrants that: (a) this Agreement constitutes its duly
authorized, legal, valid, binding and enforceable obligation, subject to bankruptcy laws and
equitable principles; (b) the performance of its obligations under this Agreement and the
consummation of the transactions contemplated hereunder will not (i) constitute or result in a
breach of its certificate or articles of incorporation, by-laws or partnership agreement, as
applicable, or the provisions of any material contract to which it is a party or by which it is
bound or (ii) result in the violation of any law, regulation, judgment, decree or governmental
order applicable to it; (c) all approvals and authorizations required to permit the execution,
delivery, performance and consummation of this Agreement and the transactions contemplated
hereunder have been obtained; and (d) it has not assigned or granted a security interest in any
Account or any other Collateral, except to Administrative Agent and the Bank as contemplated by
this Agreement and the applicable Account Agreement.

Form of Account Control Agreement

(Deposit Accounts Only)

 

- 6 -

 

10. In addition to the original statements, which will be provided to Grantors’ Agent on
behalf of the applicable Grantor, Bank will provide Administrative Agent with a duplicate statement
and such other account information reasonably requested by Administrative Agent relative to any
Account and credit balances therein. Each Grantor authorizes Bank to provide any account
information requested by Administrative Agent.

11. This Agreement may be amended only by a writing signed by each Grantor, Administrative
Agent and Bank; except that prior to the Activation Period Bank’s charges pursuant to each Account
Agreement are subject to change by Bank upon 30 days’ prior written notice to Grantors’ Agent, with
a copy to the Administrative Agent.

12. This Agreement may be executed in counterparts; all such counterparts shall constitute but
one and the same agreement.

13. Any written notice or other written communication to be given to each party under this
Agreement shall be addressed to the person at the address set forth on the signature page of this
Agreement or to such other person or address as a party may specify in writing. Except as
otherwise expressly provided herein, any such notice shall be effective upon receipt.

14. This Agreement controls in the event of any conflict between this Agreement and any other
document or written or oral statement. This Agreement supersedes all prior understandings,
writings, proposals, representations and communications, oral or written, of any party relating to
the subject matter hereof.

15. No Grantor or the Administrative Agent may assign any of its rights under this Agreement
without the prior written consent of Bank.

16. Nothing contained in the Agreement shall create any agency, fiduciary, joint venture or
partnership relationship between any Grantor, Administrative Agent and Bank.

17. This Agreement shall be interpreted in accordance with New York law.

[Signatures follow.]

Form of Account Control Agreement

(Deposit Accounts Only)

 

- 7 -

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their duly authorized
officers as of the day and year first above written.

	 	 	 	 	 	 	 	 	 
	INTEGRA LIFESCIENCES HOLDINGS 

CORPORATION 

(“Grantor”)	 	 	 	Address for notices to any Grantor:

c/o Integra LifeSciences Holdings
Corporation	 	 
	 

	 	 	 	 	 	 
	 	 
	By:
	 	 	 	 	 	 	 	 
	 

	 	 

Name:
	 	 
	 	 

Attention:
	 	 
	 

	 	Title:
	 	 	 	Telephone:	 	 
	 

	 	 	 	 	 	Facsimile:	 	 
	 
	 	 	 	 	 	 	 	 
	[NAME OF OTHER GRANTOR]

(“Grantor”)	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	By:
	 	 	 	 	 	 	 	 
	 

	 	 

Name:
	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	BANK OF AMERICA, N.A., 

as Administrative Agent 

(“Administrative Agent”)	 	 	 	Address for notices to
Administrative Agent:	 	 
	 

	 	 	 	 	 	 

	 	 
	By:

	 	 	 	 	 	 

Attention:
	 	 
	 

	 	 

Name:
	 	 
	 	Telephone:	 	 
	 

	 	Title:
	 	 	 	Facsimile:	 	 
	 
	 	 	 	 	 	 	 	 
	[NAME OF BANK]

(“Bank”)	 	 	 	Address for notices to Bank:	 	 
	 

	 	 	 	 	 	 

	 	 
	By:

	 	 	 	 	 	 

Attention
	 	 
	 

	 	 

Name:
	 	 
	 	Telephone:	 	 
	 

	 	Title:
	 	 	 	Facsimile:	 	 

Signature Page

Form of Account Control Agreement

(Deposit Accounts Only)

 

 

 

ATTACHMENT I

Account Control Agreement

[Letterhead of Bank of America, N.A.]

as Administrative Agent]

	 	 	 
	To:

	 	[Name of Bank]
	 

	 	                                        
	 

	 	Attention:

Re:     Integra LifeSciences Holdings Corporation

Ladies and Gentlemen:

Reference is made to the Account Control Agreement dated as of
_____ ___, _____ (the
“Agreement”), among Integra LifeSciences Holdings Corporation and certain of its
subsidiaries, the undersigned and you regarding the accounts (the “Accounts”) described in
Schedule 1 hereto. In accordance with Section 2 of the Agreement, we hereby give you notice of our
exercise of control of each Account and we hereby instruct you to transfer all collected and
available credit balances maintained therein in excess of the Retained Balance (as defined in the
Agreement) to the following account:

	 	 	 	 	 
	 

	 	Name:
	 	Bank of America, N.A.
	 

	 	Location:	 	 
	 

	 	ABA No.:
	 	                                        
	 

	 	Account No:
	 	                                        
	 

	 	Reference:
	 	Bank of America, N.A.,
	 

	 	 	 	as Administrative Agent/
Integra
LifeSciences Holdings Corporation Collateral Account

or otherwise in accordance with Administrative Agent’s instructions.

	 	 	 	 	 
	 	Very truly yours,

BANK OF AMERICA, N.A.,

as Administrative Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Signature Page

Account Control Agreement

(Deposit Accounts Only)

 

 

 

SCHEDULE 1

to

ACCOUNT CONTROL AGREEMENT

	 	 	 	 	 	 	 
	 	 	Bank Name and Address	 	 	 	 
	 	 	for Account (if different	 	 	 	 
	Grantor	 	from notice address)	 	Account Name	 	Account Number
	 

	 	 	 	 	 	 

 

 

 

EXHIBIT K

FORM OF

PERMITTED ACQUISITION CERTIFICATE

	 	 	 
	To:

	 	Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

Reference is made to that certain Amended and Restated Credit Agreement, dated as of August
10, 2010 (as amended, restated, extended, supplemented or otherwise modified in writing from time
to time, the “Credit Agreement”; the terms defined therein being used herein as therein
defined), among INTEGRA LIFESCIENCES HOLDINGS CORPORATION, a Delaware corporation (the
“Borrower”), the Lenders from time to time party thereto (the “Lenders”) and BANK
OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.

The undersigned Responsible Officer hereby certifies, solely in his/her capacity as an officer
of the Borrower, as of the date hereof that he/she is authorized to execute and deliver this
Certificate to the Administrative Agent on the behalf of the Borrower, and that:

1. The Acquisition (as described on Schedule 1 hereto) is a Permitted Acquisition.

2. The aggregate consideration (including cash and non-cash consideration (other than non-cash
consideration in the form of Qualified Equity Interests issued by the Borrower in accordance with
Section 7.02(l) but including the maximum amount of any earn-out or similar deferred
payment that will or could become due as a result of such Acquisition)) for such Acquisition (or a
series of related Acquisitions) is less than or equal to $250,000,000.

[Include the following paragraphs for Acquisitions in excess $50,000,000.]

3. After giving effect to the Acquisition on a Pro Forma Basis, the Borrower and its
Consolidated Subsidiaries are in compliance with Section 7.17.

4. The calculations and analysis of Borrower’s and its Consolidated Subsidiaries’ compliance,
on a Pro Forma Basis, with Section 7.17 set forth on Schedule 2 attached hereto, other than
with respect to any Permitted Cost Savings, are true and accurate in all material respects on and
as of the date of this Certificate. Any Permitted Cost Savings reflected on Schedule 2 are
reasonably expected to be realized within twelve (12) months after the Acquisition.

5. The Permitted Cost Savings included in the calculations and analysis set forth on
Schedule 2 attached hereto either (a) have been determined by the Company to be permitted
to be included as pro forma adjustments under Regulation S-K or Regulation S-X or (b) are otherwise
permitted under clause (b) of the definition of “Permitted Cost Savings” found in the
Credit Agreement.

 

 

 

EXHIBIT K

6. The representations and warranties of the Borrower and each other Loan Party contained in
Article V of the Credit Agreement or any other Loan Document are true and correct in all
material respects on and as of the date of hereof, except that (i) 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, (ii) the representations and warranties contained in
subsections (a) and (b) of Section 5.05 of the Credit Agreement are deemed to refer to the
most recent statements furnished pursuant to subsections (a) and (b), respectively, of Section
6.01 of the Credit Agreement and (iii) such representations and warranties are subject to any
additional items that will be disclosed on updated Schedules delivered on the next scheduled
delivery date.

7. The Person to be acquired in the Acquisition, the location and type of operations and key
management are described on Schedule 3 attached hereto except to the extent such
information has been previously provided to the Administrative Agent.

[SIGNATURE PAGE FOLLOWS]

 

 

 

EXHIBIT K

IN WITNESS WHEREOF, the undersigned Responsible Officer has executed this Certificate solely in
his/her capacity as an officer of the Borrower as of
_____, _____.

	 	 	 	 	 
	 

	 	INTEGRA LIFESCIENCES HOLDINGS
CORPORATION, a Delaware corporation	 	 
	 
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	[Responsible Officer]	 	 

 

 

 

EXHIBIT K

Schedule 1

Description of Acquisition

[describe relevant Acquisition]

 

 

 

EXHIBIT K

Schedule 2

Calculations and Analysis

[attach pro forma covenant calculation, Permitted Cost Savings and compliance with

tests under definition of Permitted Acquisition]

 

 

 

EXHIBIT K

Schedule 3

Additional Description

[describe Person to be acquired, location and type of operations and key management, if

not previously provided]<PAGE>
                                                                    Exhibit 10.1

                                        PUBLISHED CUSIP NUMBER: ________________

                                (WACHOVIA LOGO)

================================================================================

                                  $165,000,000

                                CREDIT AGREEMENT

                                      among

                                BELDEN CDT INC.,
                                  as Borrower,

                                       and

               THE MATERIAL DOMESTIC SUBSIDIARIES OF THE BORROWER
                        FROM TIME TO TIME PARTIES HERETO,
                                 as Guarantors,

                           THE LENDERS PARTIES HERETO,

                                       and

                      WACHOVIA BANK, NATIONAL ASSOCIATION,
                            as Administrative Agent,

                         U.S. BANK NATIONAL ASSOCIATION,
                              as Syndication Agent

                                       and

                            BANK OF AMERICA, N.A. and
                               NATIONAL CITY BANK,
                           as Co-Documentation Agents

                          Dated as of January 24, 2006

                         WACHOVIA CAPITAL MARKETS, LLC,
                      as Sole Lead Arranger and Book Runner

================================================================================

<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                 PAGE
                                                                                 ----
<S>                                                                              <C>
ARTICLE I DEFINITIONS AND OTHER PROVISIONS....................................      1
   Section 1.1    Defined Terms...............................................      1
   Section 1.2    Other Definitional Provisions...............................     29
   Section 1.3    Accounting Terms............................................     29
   Section 1.4    Resolution of Drafting Ambiguities..........................     30
   Section 1.5    Time References.............................................     30

ARTICLE II THE LOANS; AMOUNT AND TERMS........................................     30
   Section 2.1    Revolving Loans.............................................     30
   Section 2.2    Reserved....................................................     32
   Section 2.3    Letter of Credit Subfacility................................     33
   Section 2.4    Swingline Loan Subfacility..................................     36
   Section 2.5    Incremental Facility........................................     38
   Section 2.6    Fees........................................................     39
   Section 2.7    Commitment Reductions.......................................     40
   Section 2.8    Prepayments.................................................     40
   Section 2.9    Default Rate and Payment Dates..............................     42
   Section 2.10   Conversion Options..........................................     42
   Section 2.11   Computation of Interest and Fees; Usury.....................     43
   Section 2.12   Pro Rata Treatment and Payments.............................     44
   Section 2.13   Non-Receipt of Funds by the Administrative Agent............     46
   Section 2.14   Inability to Determine Interest Rate........................     47
   Section 2.15   Illegality..................................................     48
   Section 2.16   Requirements of Law.........................................     48
   Section 2.17   Indemnity...................................................     50
   Section 2.18   Taxes.......................................................     50
   Section 2.19   Indemnification; Nature of Issuing Lender's Duties..........     52
   Section 2.20   Replacement of Lenders......................................     54

ARTICLE III REPRESENTATIONS AND WARRANTIES....................................     54
   Section 3.1    Financial Condition.........................................     54
   Section 3.2    No Change...................................................     55
   Section 3.3    Corporate Existence; Compliance with Law....................     55
   Section 3.4    Corporate Power; Authorization; Enforceable Obligations.....     55
   Section 3.5    No Legal Bar; No Default....................................     56
   Section 3.6    No Material Litigation......................................     56
   Section 3.7    Investment Company Act; PUHCA, Etc..........................     56
   Section 3.8    Margin Regulations..........................................     57
   Section 3.9    ERISA.......................................................     57
   Section 3.10   Environmental Matters.......................................     57
   Section 3.11   Use of Proceeds.............................................     58
   Section 3.12   Subsidiaries................................................     59
   Section 3.13   Ownership...................................................     59
   Section 3.14   Indebtedness................................................     59
</TABLE>

                                        i
<PAGE>

<TABLE>
<S>                                                                                <C>
   Section 3.15   Taxes.......................................................     59
   Section 3.16   Intellectual Property Rights................................     59
   Section 3.17   Solvency....................................................     60
   Section 3.18   Investments.................................................     60
   Section 3.19   Location of Collateral......................................     60
   Section 3.20   No Burdensome Restrictions..................................     60
   Section 3.21   Brokers' Fees...............................................     61
   Section 3.22   Labor Matters...............................................     61
   Section 3.23   Accuracy and Completeness of Information....................     61
   Section 3.24   Material Contracts..........................................     61
   Section 3.25   Insurance...................................................     62
   Section 3.26   Security Documents..........................................     62
   Section 3.27   Classification of Senior Indebtedness.......................     62
   Section 3.28   Anti-Terrorism Laws.........................................     62
   Section 3.29   Compliance with OFAC Rules and Regulations..................     63
   Section 3.30   Directors; Capitalization...................................     63
   Section 3.31   Compliance with FCPA........................................     63

ARTICLE IV CONDITIONS PRECEDENT...............................................     63
   Section 4.1    Conditions to Closing Date..................................     63
   Section 4.2    Conditions to All Extensions of Credit......................     68

ARTICLE V AFFIRMATIVE COVENANTS...............................................     69
   Section 5.1    Financial Statements........................................     69
   Section 5.2    Certificates; Other Information.............................     71
   Section 5.3    Payment of Taxes............................................     72
   Section 5.4    Conduct of Business and Maintenance of Existence............     72
   Section 5.5    Maintenance of Property; Insurance..........................     73
   Section 5.6    Inspection of Property; Books and Records; Discussions......     73
   Section 5.7    Notices.....................................................     74
   Section 5.8    Environmental Laws..........................................     75
   Section 5.9    Financial Covenants.........................................     76
   Section 5.10   Additional Guarantors.......................................     77
   Section 5.11   Compliance with Law.........................................     77
   Section 5.12   Pledged Assets..............................................     77
   Section 5.13   Covenants Regarding Patents, Trademarks and Copyrights......     78
   Section 5.14   Further Assurances..........................................     79

ARTICLE VI NEGATIVE COVENANTS.................................................     79
   Section 6.1    Indebtedness................................................     80
   Section 6.2    Liens.......................................................     82
   Section 6.3    Nature of Business..........................................     82
   Section 6.4    Consolidation, Merger, Sale or Purchase of Assets, etc......     82
   Section 6.5    Advances, Investments and Loans.............................     84
   Section 6.6    Transactions with Affiliates................................     84
   Section 6.7    Ownership of Subsidiaries; Restrictions.....................     84
   Section 6.8    Corporate Changes; Material Contracts.......................     85
   Section 6.9    Limitation on Restricted Actions............................     85
</TABLE>

                                       ii

<PAGE>

<TABLE>
<S>                                                                               <C>
   Section 6.10   Restricted Payments.........................................     86
   Section 6.11   Amendment of Subordinated Debt and Senior Notes.............     86
   Section 6.12   No Further Negative Pledges.................................     87
   Section 6.13   Consolidated Capital Expenditures...........................     87
   Section 6.14   Operating Leases............................................     87

ARTICLE VII EVENTS OF DEFAULT.................................................     88
   Section 7.1    Events of Default...........................................     88
   Section 7.2    Acceleration; Remedies......................................     91

ARTICLE VIII THE ADMINISTRATIVE AGENT.........................................     92
   Section 8.1    Appointment.................................................     92
   Section 8.2    Delegation of Duties........................................     92
   Section 8.3    Exculpatory Provisions......................................     92
   Section 8.4    Reliance by Administrative Agent............................     93
   Section 8.5    Notice of Default...........................................     93
   Section 8.6    Non-Reliance on Administrative Agent and Other Lenders......     94
   Section 8.7    Indemnification.............................................     94
   Section 8.8    Administrative Agent in Its Individual Capacity.............     95
   Section 8.9    Successor Administrative Agent..............................     95
   Section 8.10   Nature of Duties............................................     95
   Section 8.11   Releases....................................................     95
   Section 8.12   Syndication Agent and Documentation Agent...................     96

ARTICLE IX MISCELLANEOUS......................................................     96
   Section 9.1    Amendments, Waivers and Release of Collateral...............     96
   Section 9.2    Notices.....................................................     98
   Section 9.3    No Waiver; Cumulative Remedies..............................    100
   Section 9.4    Survival of Representations and Warranties..................    100
   Section 9.5    Payment of Expenses and Taxes...............................    100
   Section 9.6    Successors and Assigns; Participations; Purchasing Lenders..    101
   Section 9.7    Adjustments; Set-off........................................    105
   Section 9.8    Table of Contents and Section Headings......................    106
   Section 9.9    Counterparts................................................    106
   Section 9.10   Effectiveness...............................................    106
   Section 9.11   Severability................................................    106
   Section 9.12   Integration.................................................    106
   Section 9.13   Governing Law...............................................    107
   Section 9.14   Consent to Jurisdiction and Service of Process..............    107
   Section 9.15   Confidentiality.............................................    107
   Section 9.16   Acknowledgments.............................................    108
   Section 9.17   Waivers of Jury Trial; Waiver of Consequential Damages......    109
   Section 9.18   Patriot Act Notice..........................................    109

ARTICLE X GUARANTY............................................................    109
   Section 10.1   The Guaranty................................................    109
   Section 10.2   Bankruptcy..................................................    110
   Section 10.3   Nature of Liability.........................................    110
   Section 10.4   Independent Obligation......................................    111
</TABLE>

                                       iii

<PAGE>

<TABLE>
<S>                                                                               <C>
   Section 10.5   Authorization...............................................    111
   Section 10.6   Reliance....................................................    111
   Section 10.7   Waiver......................................................    111
   Section 10.8   Limitation on Enforcement...................................    113
   Section 10.9   Confirmation of Payment.....................................    113
</TABLE>

                                       iv

<PAGE>

<TABLE>
<CAPTION>
SCHEDULES
---------
<S>                  <C>
Schedule 1.1(a)      Account Designation Letter
Schedule 1.1(b)      Investments
Schedule 1.1(c)      Liens
Schedule 1.1(d)      Historical EBITDA Adjustments
Schedule 1.1(e)      Maximum Post Closing EBITDA Adjustments
Schedule 1.1(f)      Existing Letters of Credit
Schedule 2.1(b)(i)   Form of Notice of Borrowing
Schedule 2.1(e)      Form of Revolving Note
Schedule 2.4(d)      Form of Swingline Note
Schedule 2.10        Form of Notice of Conversion/Extension
Schedule 3.3         Jurisdictions of Organization and Qualification
Schedule 3.12        Subsidiaries
Schedule 3.16        Intellectual Property
Schedule 3.19(a)     Location of Real Property and Collateral
Schedule 3.19(b)     Chief Executive Offices
Schedule 3.22        Labor Matters
Schedule 3.24        Material Contracts
Schedule 3.25        Insurance
Schedule 3.30        Directors; Capitalization
Schedule 4.1(b)      Form of Secretary's Certificate
Schedule 4.1(h)      Form of Solvency Certificate
Schedule 5.10        Form of Joinder Agreement
Schedule 6.1(b)      Indebtedness
Schedule 6.6         Transactions with Affiliates
Schedule 9.6(c)      Form of Commitment Transfer Supplement
</TABLE>

                                        v

<PAGE>

     CREDIT AGREEMENT, dated as of January 24, 2006, among BELDEN CDT INC., a
Delaware corporation (the "Borrower"), each of the Material Domestic
Subsidiaries of the Borrower (identified as a "Guarantor" on the signature pages
hereto) and such future Material Domestic Subsidiaries of the Borrower as may
from time to time become a party hereto (collectively, the "Guarantors" and each
individually, a "Guarantor"), the several banks and other financial institutions
from time to time parties to this Credit Agreement (collectively, the "Lenders"
and individually, a "Lender"), and WACHOVIA BANK, NATIONAL ASSOCIATION, as
administrative agent for the Lenders hereunder (in such capacity, the
"Administrative Agent" or the "Agent").

                                   WITNESSETH:

     WHEREAS, the Borrower has requested that the Lenders make loans and other
financial accommodations to the Borrower in the amount of up to $165,000,000;
and

     WHEREAS, the Lenders have agreed to make such loans and other financial
accommodations to the Borrower on the terms and conditions contained herein.

     NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by the parties hereto, such parties
hereby agree as follows:

                                    ARTICLE I

                        DEFINITIONS AND OTHER PROVISIONS

     SECTION 1.1 DEFINED TERMS.

     As used in this Credit Agreement, terms defined in the preamble to this
Credit Agreement have the meanings therein indicated, and the following terms
have the following meanings:

     "ABR Default Rate" shall have the meaning set forth in Section 2.9.

     "Account Designation Letter" shall mean the Account Designation Letter
dated as of the Closing Date from the Borrower to the Administrative Agent in
substantially the form attached hereto as Schedule 1.1(a).

     "Additional Credit Party" shall mean each Person that becomes a Guarantor
by execution of a Joinder Agreement in accordance with Section 5.10.

     "Additional Loan" shall have the meaning set forth in Section 2.5.

     "Administrative Agent" or "Agent" shall have the meaning set forth in the
first paragraph of this Credit Agreement and any successors in such capacity.

<PAGE>

     "Administrative Details Form" shall mean, with respect to any Lender, a
document containing such Lender's contact information for purposes of notices
provided under this Credit Agreement and account details for purposes of
payments made to such Lender under this Credit Agreement.

     "Affiliate" shall mean as to any Person, any other Person that, directly or
indirectly, is in control of, is controlled by, or is under common control with,
such Person. For purposes of this definition, a Person shall be deemed to be
"controlled by" a Person if such Person possesses, directly or indirectly, power
either (a) to vote 15% or more of the securities having ordinary voting power
for the election of directors (or Persons performing similar functions) of such
Person or (b) to direct or cause the direction of the management and policies of
such Person whether by contract or otherwise.

     "Agreement" or "Credit Agreement" shall mean this Credit Agreement, as
amended, restated, amended and restated, modified or supplemented from time to
time in accordance with its terms.

     "Alternate Base Rate" shall mean, for any day, a rate per annum equal to
the greater of (a) the Prime Rate in effect on such day and (b) the Federal
Funds Effective Rate in effect on such day plus 1/2 of 1%. For purposes hereof:
"Prime Rate" shall mean, at any time, the rate of interest per annum publicly
announced from time to time by Wachovia at its principal office in Charlotte,
North Carolina as its prime rate. Each change in the Prime Rate shall be
effective as of the opening of business on the day such change in the Prime Rate
occurs. The parties hereto acknowledge that the rate announced publicly by
Wachovia as its Prime Rate is an index or base rate and shall not necessarily be
its lowest or best rate charged to its customers or other banks; and "Federal
Funds Effective Rate" shall mean, for any day, the weighted average of the rates
on overnight federal funds transactions with members of the Federal Reserve
System arranged by federal funds brokers, as published on the next succeeding
Business Day by the Federal Reserve Bank of New York, or, if such rate is not so
published on the next succeeding Business Day, the average of the quotations for
the day of such transactions received by the Administrative Agent from three
federal funds brokers of recognized standing selected by it. If for any reason
the Administrative Agent shall have determined (which determination shall be
presumed correct in the absence of demonstrable error) that it is unable to
ascertain the Federal Funds Effective Rate, for any reason, including the
inability or failure of the Administrative Agent to obtain sufficient quotations
in accordance with the terms above, the Alternate Base Rate shall be determined
without regard to clause (b) of the first sentence of this definition until the
circumstances giving rise to such inability no longer exist. Any change in the
Alternate Base Rate due to a change in the Prime Rate or the Federal Funds
Effective Rate shall be effective on the opening of business on the date of such
change.

     "Alternate Base Rate Loans" shall mean Loans that bear interest at an
interest rate based on the Alternate Base Rate.

     "Applicable Percentage" shall mean, for any day, the rate per annum set
forth below opposite the applicable level then in effect, it being understood
that the Applicable Percentage for (a) Revolving Loans that are LIBOR Rate Loans
shall be the percentage set forth under the

                                       2

<PAGE>

column "LIBOR Margin & L/C Fee", (b) Revolving Loans that are Alternate Base
Rate Loans shall be the percentage set forth under the column "Base Rate
Margin", and (c) the Commitment Fee shall be the percentage set forth under the
column "Commitment Fee".

<TABLE>
<CAPTION>
               Total               LIBOR Margin
Level      Leverage Ratio           & L/C Fee     Base Rate Margin   Commitment Fee
-----   -------------------        ------------   ----------------   --------------
<S>     <C>                        <C>            <C>                <C>
  I        > or = 3.00 to 1.0          1.75%            0.75%             0.50%

  II    > or = 2.00 to 1.0 but <       1.50%            0.50%            0.375%
          3.00 to 1.0

  III   > or = 1.00 to 1.0 but <       1.25%            0.25%            0.375%
          2.00 to 1.0

  IV         < 1.00 to 1.0             1.00%            0.00%             0.25%
</TABLE>

     The Applicable Percentage shall, in each case, be determined and adjusted
quarterly on the date five (5) Business Days after the date on which the
Administrative Agent has received from the Credit Parties the quarterly
financial information (in the case of the first three (3) fiscal quarters of
each fiscal year of the Borrower), the annual financial information (in the case
of the fourth fiscal quarter of each fiscal year of the Borrower) and the
certifications required to be delivered to the Administrative Agent and the
Lenders in accordance with the provisions of Sections 5.1(a), 5.1(b) and 5.2(b)
(each an "Interest Determination Date"). Such Applicable Percentage shall be
effective from such Interest Determination Date until the next such Interest
Determination Date. The Applicable Percentage shall be as set forth above
opposite Level III until the first Interest Determination Date after the Closing
Date. After the Closing Date, if the Credit Parties shall fail to provide the
financial information or certifications in accordance with the provisions of
Sections 5.1(a), 5.1(b) and 5.2(b), the Applicable Percentage shall, on the date
five (5) Business Days after the date by which the Credit Parties were so
required to provide such financial information or certifications to the
Administrative Agent and the Lenders, be based on Level I until such time as
such information or certifications are provided, whereupon the Level shall be
determined by the then current Total Leverage Ratio.

     "Approved Fund" shall mean, with respect to any Lender, any fund or trust
or entity that invests in commercial bank loans in the ordinary course of
business and is advised or managed by (a) such Lender, (b) an Affiliate of such
Lender, (c) any other Lender or any Affiliate thereof or (d) the same investment
advisor as any Person described in clauses (a) - (c).

     "Arranger" shall mean Wachovia Capital Markets, LLC.

     "Asset Disposition" shall mean the disposition of any or all of the assets
(including, without limitation, the Capital Stock of a Subsidiary or any
ownership interest in a joint venture) of any Credit Party or any Subsidiary of
a Credit Party whether by sale, lease, transfer or otherwise. The term "Asset
Disposition" shall not include (i) the sale, lease, transfer or other
disposition of assets permitted by Section 6.4(a)(i) -(iv) hereof, and to the
extent that any repayment of the Revolving Loans from the Net Cash Proceeds
derived therefrom would result in adverse tax consequences to the Credit
Parties, Section 6.4(a)(v) hereof, (ii) any issuance by any Credit Party or its
Subsidiaries of shares of its Capital Stock or warrants, options or other

                                       3

<PAGE>

similar rights which are exercisable for or convertible into shares or interests
of its Capital Stock or (iii) a Recovery Event.

     "Bankruptcy Code" shall mean the Bankruptcy Code in Title 11 of the United
States Code, as amended, modified, succeeded or replaced from time to time.

     "Bankruptcy Event" shall mean the occurrence of an Event of Default under
Section 7.1(f).

     "Borrower" shall have the meaning set forth in the first paragraph of this
Credit Agreement.

     "Borrowing Date" shall mean, in respect of any Loan, the date such Loan is
made.

     "Business" shall have the meaning set forth in Section 3.10.

     "Business Day" shall mean a day other than a Saturday, Sunday or other day
on which commercial banks in Charlotte, North Carolina or New York, New York are
authorized or required by law to close; provided, however, that when used in
connection with a rate determination, borrowing or payment in respect of a LIBOR
Rate Loan, the term "Business Day" shall also exclude any day on which banks in
London, England are not open for dealings in Dollar deposits in the London
interbank market.

     "Capital Lease" shall mean any lease of property, real or personal, the
obligations with respect to which are required to be capitalized on a balance
sheet of the lessee in accordance with GAAP.

     "Capital Lease Obligations" shall mean the capitalized lease obligations
relating to a Capital Lease determined in accordance with GAAP.

     "Capital Stock" shall mean (a) in the case of a corporation, capital stock,
(b) in the case of an association or business entity, any and all shares,
interests, participations, rights or other equivalents (however designated) of
capital stock, (c) in the case of a partnership, partnership interests (whether
general or limited), (d) in the case of a limited liability company, membership
interests and (e) any other interest or participation that confers on a Person
the right to receive a share of the profits and losses of, or distributions of
assets of, the issuing Person.

     "Cash Equivalents" shall mean (a) securities issued or directly and fully
guaranteed or insured by the United States of America or any agency or
instrumentality thereof (provided that the full faith and credit of the United
States of America is pledged in support thereof) having maturities of not more
than twelve months from the date of acquisition ("Government Obligations"), (b)
Dollar denominated time deposits, certificates of deposit, Eurodollar time
deposits and Eurodollar certificates of deposit of (i) any domestic commercial
bank of recognized standing having capital and surplus in excess of $250,000,000
or (ii) any bank whose short-term commercial paper rating from S&P is at least
A-1 or the equivalent thereof or from Moody's is at least P-1 or the equivalent
thereof (any such bank being an "Approved Bank"), in

                                       4

<PAGE>

each case with maturities of not more than 364 days from the date of
acquisition, (c) commercial paper and variable or fixed rate notes issued by any
Approved Bank (or by the parent company thereof) or any variable rate notes
issued by, or guaranteed by any domestic corporation rated A-1 (or the
equivalent thereof) or better by S&P or P-1 (or the equivalent thereof) or
better by Moody's and maturing within six months of the date of acquisition, (d)
repurchase agreements with a bank or trust company (including a Lender) or a
recognized securities dealer having capital and surplus in excess of
$500,000,000 for direct obligations issued by or fully guaranteed by the United
States of America, (e) obligations of any State of the United States or any
political subdivision thereof for the payment of the principal and redemption
price of and interest on which there shall have been irrevocably deposited
Government Obligations maturing as to principal and interest at times and in
amounts sufficient to provide such payment, (f) auction preferred stock rated in
the highest short-term credit rating category by S&P or Moody's and (g) shares
of money market mutual or similar funds which invest primarily in assets
satisfying the requirements of clauses (a) through (f) of this definition.

     "Change of Control" shall mean at any time the occurrence of any of the
following events: (a) any "person" or "group" (as such terms are used in Section
13(d) and 14(d) of the Exchange Act), is or becomes the "beneficial owner" (as
defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a person
shall be deemed to have "beneficial ownership" of all securities that such
person has the right to acquire, whether such right is exercisable immediately
or only after the passage of time), directly or indirectly, of 20% or more of
the then outstanding Voting Stock of the Borrower; (b) the replacement of a
majority of the Board of Directors of the Borrower over a one-year period from
the directors who constituted the Board of Directors at the beginning of such
period, and such replacement shall not have been approved by a vote of at least
a majority of the Board of Directors of the Borrower then still in office who
either were members of such Board of Directors at the beginning of such period
or whose election as a member of such Board of Directors was previously so
approved or (c) the occurrence of a "Change of Control" under and as defined in
any of the Senior Note Purchase Documents or any of the Subordinated Debt
Documents.

     "Closing Date" shall mean the date of this Credit Agreement.

     "Code" shall mean the Internal Revenue Code of 1986, as amended from time
to time.

     "Collateral" shall mean a collective reference to the collateral which is
identified in, and at any time may be covered by, the Security Documents and any
other property or assets of a Credit Party, whether tangible or intangible, that
from time to time secure the Credit Party Obligations.

     "Commitments" shall mean the Revolving Commitment, the LOC Commitment and
the Swingline Commitment, individually or collectively, as appropriate.

     "Commitment Fee" shall have the meaning set forth in Section 2.6(a).

     "Commitment Period" shall mean (a) with respect to Revolving Loans, the
period from and including the Closing Date to but excluding the Maturity Date
and (b) with respect to Letters

                                       5

<PAGE>

of Credit, the period from and including the Closing Date to but excluding the
date that is thirty (30) days prior to the Maturity Date.

     "Commitment Transfer Supplement" shall mean a Commitment Transfer
Supplement, substantially in the form of Schedule 9.6(c).

     "Commonly Controlled Entity" shall mean an entity, whether or not
incorporated, which is under common control with the Borrower within the meaning
of Section 4001 of ERISA or is part of a group that includes the Borrower and
that is treated as a single employer under Section 414 of the Code.

     "Consolidated Capital Expenditures" shall mean, for any period, all capital
expenditures (other than Permitted Acquisitions) of the Credit Parties and their
Subsidiaries on a combined basis for such period, as determined in accordance
with GAAP. The term "Consolidated Capital Expenditures" shall not include
capital expenditures in respect of the reinvestment of proceeds derived from
Asset Dispositions or Recovery Events received by the Credit Parties and their
Subsidiaries to the extent that such reinvestment is permitted under the Credit
Documents.

     "Consolidated Cash Interest Expense" shall mean, as of any date of
determination for the four fiscal quarter period ending on such date, all cash
interest expense (excluding amortization of debt discount and premium, but
including the cash interest component under Capital Leases and synthetic leases,
tax retention operating leases, off-balance sheet loans and similar off-balance
sheet financing products) for such period of the Credit Parties and their
Subsidiaries on a consolidated basis.

     "Consolidated EBITDA" shall mean, as of any date of determination for the
four fiscal quarter period ending on such date, (a) Consolidated Net Income for
such period, plus (b) the sum of the following to the extent deducted in
calculating Consolidated Net Income: (i) Consolidated Cash Interest Expense for
such period, (ii) tax expense (including, without limitation, any federal,
state, local and foreign income, value added, franchise, withholding and similar
taxes) of the Credit Parties and their Subsidiaries for such period, (iii)
depreciation, amortization and other non-cash charges (excluding non-cash
charges that are expected to become cash charges in a future period or that are
reserves for future cash charges) for such period, and (iv) one-time charges
incurred in connection with merger and restructuring activities prior to the
Closing Date, as set forth on Schedule 1.1(d), and other one-time charges
incurred in connection with restructuring activities after the Closing Date in
an amount not to exceed the amounts set forth on Schedule 1.1(e).

     "Consolidated Net Income" shall mean, as of any date of determination for
the four fiscal quarter period ending on such date, the net income (excluding
extraordinary losses and gains and all non-cash income, rebates and other
benefits, but including interest income) of the Credit Parties and their
Subsidiaries on a consolidated basis for such period, as determined in
accordance with GAAP.

                                       6

<PAGE>

     "Consolidated Revenues" shall mean, for any period, revenues for such
period of the Credit Parties and their Domestic Subsidiaries on a consolidated
basis, as determined in accordance with GAAP.

     "Consolidated Total Assets" shall mean, for any period, the book value of
all assets of the Credit Parties and their Domestic Subsidiaries on a
consolidated basis, as determined in accordance with GAAP.

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

     "Copyright Licenses" shall mean any agreement, whether written or oral,
providing for the grant by or to a Credit Party of any right under any
Copyright, including, without limitation, any thereof referred to in Schedule
3.16 to this Credit Agreement, but excluding any license of a Copyright to a
Credit Party with respect to generally available products.

     "Copyrights" shall mean all copyrights of the Credit Parties and their
Subsidiaries in all Works, now existing or hereafter created or acquired, all
registrations and recordings thereof, and all applications in connection
therewith, whether in the United States Copyright Office or in any similar
office or agency of the United States, any state thereof or any other country or
any political subdivision thereof, or otherwise, including, without limitation,
any thereof referred to in Schedule 3.16 and all renewals thereof.

     "Credit Documents" shall mean this Credit Agreement, each of the Notes, any
Joinder Agreement, the Letters of Credit, the Commitment Transfer Supplements,
the LOC Documents and the Security Documents and all other agreements,
documents, certificates and instruments delivered to the Administrative Agent or
any Lender by any Credit Party in connection therewith (other than any
agreement, document, certificate or instrument related to a Hedging Agreement).

     "Credit Party" or "Credit Parties" shall mean any of the Borrower or the
Guarantors, individually or collectively, as appropriate.

     "Credit Party Obligations" shall mean, without duplication, (a) all of the
obligations, indebtedness and liabilities of the Credit Parties to the Lenders
(including the Issuing Lender and the Swingline Lender) and the Administrative
Agent, whenever arising, including principal, interest, fees, reimbursements and
indemnification obligations and other amounts (including, but not limited to,
any interest accruing after the occurrence of a filing of a petition of
bankruptcy under the Bankruptcy Code with respect to any Credit Party,
regardless of whether such interest is an allowed claim under the Bankruptcy
Code), in each case arising under this Credit Agreement, the Notes or any of the
other Credit Documents, and (b) all liabilities and obligations, whenever
arising, owing from any Credit Party or any of their Subsidiaries to any Hedging
Agreement Provider arising under any Secured Hedging Agreement.

                                       7

<PAGE>

     "Debt Issuance" shall mean the issuance of any Indebtedness for borrowed
money by any Credit Party or any of its Subsidiaries (excluding, for purposes
hereof, any Indebtedness of any Credit Party and its Subsidiaries permitted to
be incurred pursuant to Section 6.1(a) - (o)).

     "Default" shall mean any event which constitutes an Event of Default or
which with the giving of notice or lapse of time or both would, unless cured or
waived, become an Event of Default.

     "Defaulting Lender" shall mean, at any time, any Lender that, at such time
(a) has failed to make a Loan or fund a Participation Interest required pursuant
to the terms of this Credit Agreement and such failure is continuing, (b) has
failed to pay to the Administrative Agent or any Lender an amount owed by such
Lender pursuant to the terms of this Credit Agreement and such default remains
uncured, or (c) has been deemed insolvent or has become subject to a bankruptcy
or insolvency proceeding or to a receiver, trustee or similar official.

     "Dollars" and "$" shall mean dollars in lawful currency of the United
States of America.

     "Domestic Lending Office" shall mean, initially, the office of each Lender
designated as such Lender's Domestic Lending Office shown in such Lender's
Administrative Details Form; and thereafter, such other office of such Lender as
such Lender may from time to time specify to the Administrative Agent and the
Borrower as the office of such Lender at which Alternate Base Rate Loans of such
Lender are to be made.

     "Domestic Subsidiary" shall mean any Subsidiary that is organized and
existing under the laws of the United States or any state or commonwealth
thereof or under the laws of the District of Columbia.

     "Engagement Letter" shall mean the letter agreement dated October 20, 2005,
addressed to the Borrower from the Arranger, as amended, modified or otherwise
supplemented from time to time.

     "Environmental Laws" shall mean any and all applicable foreign, federal,
state, local or municipal laws, rules, orders, regulations, statutes,
ordinances, codes, decrees or requirements of any Governmental Authority, or
other Requirement of Law (including common law) regulating, relating to or
imposing liability or standards of conduct concerning protection of human health
or the environment, as now or may at any time be in effect during the term of
this Credit Agreement.

     "ERISA" shall mean the Employee Retirement Income Security Act of 1974, as
amended from time to time.

     "Eurodollar Reserve Percentage" shall mean for any day, the percentage
(expressed as a decimal and rounded upwards, if necessary, to the next higher
1/100th of 1%) which is in effect for such day as prescribed by the Federal
Reserve Board (or any successor) for determining the maximum reserve requirement
(including without limitation any basic, supplemental or emergency reserves) in
respect of Eurocurrency liabilities, as defined in Regulation D of such

                                       8

<PAGE>

Board as in effect from time to time, or any similar category of liabilities for
a member bank of the Federal Reserve System in New York City.

     "Event of Default" shall mean any of the events specified in Section 7.1;
provided, however, that any requirement for the giving of notice or the lapse of
time, or both, and any other condition, has been satisfied.

     "Exchange Act" shall mean the Securities Exchange Act of 1934, as amended.

     "Excluded Equipment" shall mean (a) any equipment subject to a Purchase
Money Lien as to which the purchase money creditor holding such Lien prohibits
other Liens thereon without its prior consent, unless and until either (i) such
creditor grants such consent or (ii) the Indebtedness secured by such Lien has
been fully paid and satisfied; (b) any equipment with respect to which the
rights of possession and use of any Credit Party are created pursuant to a lease
which does not create a security interest, unless and until such time (if any)
as such Credit Party acquires title to such equipment from the lessor or the
lessor abandons its rights and claims thereto; and (c) Vehicles.

     "Excluded Intercompany Instruments" shall have the meaning set forth in
Section 5.12(b).

     "Existing Letters of Credit" shall mean each of the letters of credit
described by date of issuance, amount, beneficiary and the date of expiry on
Schedule 1.1(f) hereto.

     "Extension of Credit" shall mean, as to any Lender, the making of a Loan by
such Lender, or the issuance of or participation in the issuance of a Letter of
Credit by such Lender.

     "Federal Funds Effective Rate" shall have the meaning set forth in the
definition of "Alternate Base Rate".

     "Fixed Charge Coverage Ratio" shall mean, as of any date of determination,
with respect to the Borrower and its Subsidiaries on a consolidated basis for
the four fiscal quarter period ending on such date, the ratio of (a) the sum of
Consolidated EBITDA for such period minus Consolidated Capital Expenditures for
such period, to (b) the sum of Consolidated Cash Interest Expense for such
period plus Scheduled Funded Debt Payments for such period plus any cash
dividends or distributions made by the Borrower during such period (excluding
any dividends or distributions made in accordance with clause (f) of Section
6.10) plus an amount equal to, to the extent positive, taxes paid in cash by the
Credit Parties and their Subsidiaries during such period net of cash tax refunds
received by the Credit Parties and their Subsidiaries.

     "Foreign Subsidiary" shall mean any Subsidiary of the Borrower or one of
its Subsidiaries that is not a Domestic Subsidiary.

     "Funded Debt" shall mean, with respect to any Person, without duplication,
(a) all obligations of such Person for borrowed money, (b) all obligations of
such Person evidenced by bonds, debentures, notes or similar instruments, or
upon which interest payments are customarily

                                       9

<PAGE>

made, (c) all obligations of such Person under conditional sale or other title
retention agreements relating to property purchased by such Person (other than
customary reservations or retentions of title under agreements with suppliers
entered into in the ordinary course of business), (d) all obligations
(including, without limitation, earnout obligations) of such Person incurred,
issued or assumed as the deferred purchase price of property or services
purchased by such Person (other than trade debt incurred in the ordinary course
of business and due within six months of the incurrence thereof) which would
appear as liabilities on a balance sheet of such Person, (e) the principal
portion of all obligations of such Person under Capital Leases plus any accrued
interest thereon, (f) the maximum face amount of all letters of credit issued or
bankers' acceptances facilities created for the account of such Person and,
without duplication, all drafts drawn thereunder (to the extent unreimbursed),
(g) all preferred Capital Stock issued by such Person and which by the terms
thereof could be (at the request of the holders thereof or otherwise) subject to
mandatory sinking fund payments, redemption or other acceleration, (h) the
principal balance outstanding under any synthetic lease, tax retention operating
lease, off-balance sheet loan or similar off-balance sheet financing product,
(i) all obligations of such Person under Hedging Agreements, excluding any
portion thereof which would be accounted for as interest expense under GAAP, (j)
all Indebtedness of others of the type described in clauses (a) through (i)
hereof secured by (or for which the holder of such Indebtedness has an existing
right, contingent or otherwise, to be secured by) any Lien on, or payable out of
the proceeds of production from, property owned or acquired by such Person,
whether or not the obligations secured thereby have been assumed, (k) all
Guaranty Obligations of such Person with respect to Indebtedness of another
Person of the type described in clauses (a) through (i) hereof, and (l) all
Indebtedness of the type described in clauses (a) through (i) hereof of any
partnership or unincorporated joint venture in which such Person is a general
partner or a joint venturer for which such Person is legally obligated or has a
reasonable expectation of being liable with respect thereto.

     "GAAP" shall mean generally accepted accounting principles in effect in the
United States of America applied on a consistent basis, subject, however, in the
case of determination of compliance with the financial covenants set out in
Section 5.9, to the provisions of Section 1.3.

     "Government Acts" shall have the meaning set forth in Section 2.19.

     "Governmental Approvals" shall mean all authorizations, consents,
approvals, permits, licenses and exemptions of, registrations and filings with,
and reports to, all Governmental Authorities.

     "Governmental Authority" shall mean any nation or government, any state or
other political subdivision thereof and any entity exercising executive,
legislative, judicial, regulatory or administrative functions of or pertaining
to government.

     "Guarantor" shall have the meaning set forth in the first paragraph of this
Credit Agreement.

     "Guaranty" shall mean the guaranty of the Guarantors set forth in Article
X.

                                       10

<PAGE>

     "Guaranty Obligations" shall mean, with respect to any Person, without
duplication, any obligations of such Person (other than endorsements in the
ordinary course of business of negotiable instruments for deposit or collection)
guaranteeing or intended to guarantee any Indebtedness of any other Person in
any manner, whether direct or indirect, and including without limitation any
obligation, whether or not contingent, (a) to purchase any such Indebtedness or
any property constituting security therefor, (b) to advance or provide funds or
other support for the payment or purchase of any such Indebtedness or to
maintain working capital, solvency or other balance sheet condition of such
other Person (including without limitation keep well agreements, maintenance
agreements, comfort letters or similar agreements or arrangements) for the
benefit of any holder of Indebtedness of such other Person, (c) to lease or
purchase property, securities or services primarily for the purpose of assuring
the holder of such Indebtedness, or (d) to otherwise assure or hold harmless the
holder of such Indebtedness against loss in respect thereof. The amount of any
Guaranty Obligation hereunder shall (subject to any limitations set forth
therein) be deemed to be an amount equal to the outstanding principal amount (or
maximum principal amount, if larger) of the Indebtedness in respect of which
such Guaranty Obligation is made.

     "Hedging Agreement Provider" shall mean any Person that enters into a
Secured Hedging Agreement with a Credit Party or any of its Subsidiaries that is
permitted by Section 6.1(e) to the extent such Person is a Lender, an Affiliate
of a Lender or any other Person that was a Lender (or an Affiliate of a Lender)
at the time it entered into the Secured Hedging Agreement but has ceased to be a
Lender (or whose Affiliate has ceased to be a Lender) under the Credit
Agreement.

     "Hedging Agreements" shall mean, with respect to any Person, any agreement
entered into to protect such Person against fluctuations in interest rates, or
currency or raw materials values, including, without limitation, any interest
rate swap, cap or collar agreement or similar arrangement between such Person
and one or more counterparties, any foreign currency exchange agreement,
currency protection agreements, commodity purchase or option agreements or other
interest or exchange rate hedging agreements.

     "Incremental Facility" shall have the meaning set forth in Section 2.5.

     "Indebtedness" shall mean, with respect to any Person, without duplication,
(a) all obligations of such Person for borrowed money, (b) all obligations of
such Person evidenced by bonds, debentures, notes or similar instruments, or
upon which interest payments are customarily made, (c) all obligations of such
Person under conditional sale or other title retention agreements relating to
property purchased by such Person (other than customary reservations or
retentions of title under agreements with suppliers entered into in the ordinary
course of business), (d) all obligations (including, without limitation, earnout
obligations) of such Person incurred, issued or assumed as the deferred purchase
price of property or services purchased by such Person (other than trade debt
incurred in the ordinary course of business and due within six months of the
incurrence thereof) which would appear as liabilities on a balance sheet of such
Person, (e) all obligations of such Person under take-or-pay or similar
arrangements or under commodities agreements, (f) all Guaranty Obligations of
such Person with respect to Indebtedness of another Person of the type described
in clauses (a) through (i) hereof, (g) the principal portion of all Capital
Lease Obligations of such Person plus accrued interest thereon, (h) all
obligations of such Person under Hedging

                                       11

<PAGE>

Agreements, excluding any portion thereof which would be accounted for as
interest expense under GAAP, (i) the maximum amount of all letters of credit
issued or bankers' acceptances facilities created for the account of such Person
and, without duplication, all drafts drawn thereunder (to the extent
unreimbursed), (j) all Indebtedness of others of the type described in clauses
(a) through (i) hereof secured by (or for which the holder of such Indebtedness
has an existing right, contingent or otherwise, to be secured by) any Lien on,
or payable out of the proceeds of production from, property owned or acquired by
such Person, whether or not the obligations secured thereby have been assumed,
(k) all preferred Capital Stock issued by such Person and which by the terms
thereof could be (at the request of the holders thereof or otherwise) subject to
mandatory sinking fund payments, redemption or other acceleration, (l) the
principal balance outstanding under any synthetic lease, tax retention operating
lease, off-balance sheet loan or similar off-balance sheet financing product and
(m) the Indebtedness of the type described in clauses (a) through (i) hereof of
any partnership or unincorporated joint venture in which such Person is a
general partner or a joint venturer.

     "Insolvency" shall mean, with respect to any Multiemployer Plan, the
condition that such Plan is insolvent within the meaning of such term as used in
Section 4245 of ERISA.

     "Intellectual Property" shall mean the Copyrights, Copyright Licenses,
Patents, Patent Licenses, Trademarks and Trademark Licenses of the Credit
Parties and their Subsidiaries (or, as the context may require, of the Credit
Parties only), all goodwill associated therewith and all rights to sue for
infringement thereof.

     "Interest Determination Date" shall have the meaning assigned thereto in
the definition of "Applicable Percentage".

     "Interest Payment Date" shall mean (a) as to any Alternate Base Rate Loan
or Swingline Loan, the last Business Day of each March, June, September and
December and on the Maturity Date, (b) as to any LIBOR Rate Loan having an
Interest Period of three months or less, the last day of such Interest Period,
(c) as to any LIBOR Rate Loan having an Interest Period longer than three (3)
months, (i) each three (3) month anniversary following the first day of such
Interest Period (which if not a Business Day shall be extended to the next
succeeding Business Day) and (ii) the last day of such Interest Period and (d)
as to any Loan which is the subject of a mandatory prepayment required pursuant
to Section 2.8(b), the date on which such mandatory prepayment is due.

     "Interest Period" shall mean, with respect to any LIBOR Rate Loan,

          (a) initially, the period commencing on the Borrowing Date or
     conversion date, as the case may be, with respect to such LIBOR Rate Loan
     and ending one, two, three or, subject to availability to all applicable
     Lenders, six months thereafter, as selected by the Borrower in the Notice
     of Borrowing or Notice of Conversion given with respect thereto; and

          (b) thereafter, each period commencing on the last day of the
     immediately preceding Interest Period applicable to such LIBOR Rate Loan
     and ending one, two,

                                       12

<PAGE>

     three or, subject to availability to all applicable Lenders, six months
     thereafter, as selected by the Borrower by irrevocable notice to the
     Administrative Agent not less than three Business Days prior to the last
     day of the then current Interest Period with respect thereto; provided that
     the foregoing provisions are subject to the following:

               (i) if any Interest Period pertaining to a LIBOR Rate Loan would
          otherwise end on a day that is not a Business Day, such Interest
          Period shall be extended to the next succeeding Business Day unless
          the result of such extension would be to carry such Interest Period
          into another calendar month in which event such Interest Period shall
          end on the immediately preceding Business Day;

               (ii) any Interest Period pertaining to a LIBOR Rate Loan 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 relevant calendar month;

               (iii) if the Borrower shall fail to give notice as provided
          above, the Borrower shall be deemed to have selected an Alternate Base
          Rate Loan to replace the affected LIBOR Rate Loan;

               (iv) no Interest Period in respect of any Loan shall extend
          beyond the applicable Maturity Date; and

               (v) no more than six (6) LIBOR Rate Loans may be in effect at any
          time. For purposes hereof, LIBOR Rate Loans with different Interest
          Periods shall be considered as separate LIBOR Rate Loans, even if they
          shall begin on the same date, although borrowings, extensions and
          conversions may, in accordance with the provisions hereof, be combined
          at the end of existing Interest Periods to constitute a new LIBOR Rate
          Loan with a single Interest Period.

     "Investment" shall mean (a) the acquisition (whether for cash, property,
services, assumption of Indebtedness, securities or otherwise) of shares of
Capital Stock, other ownership interests or other securities of any Person or
bonds, notes, debentures or all or substantially all of the assets of any Person
or (b) any deposit with, or advance, loan or other extension of credit to, any
Person (other than deposits made in the ordinary course of business) or (c) any
other capital contribution to or investment in any Person, including, without
limitation, any Guaranty Obligation (including any support for a letter of
credit issued on behalf of such Person) incurred for the benefit of such Person.

     "Issuing Lender" shall mean, with respect to (i) Existing Letters of Credit
and (ii) Letters of Credit issued hereunder, Wachovia or any successor in such
capacity.

     "Issuing Lender Fees" shall have the meaning set forth in Section 2.6(c).

                                       13

<PAGE>

     "Joinder Agreement" shall mean a Joinder Agreement in substantially the
form of Schedule 5.10, executed and delivered by an Additional Credit Party in
accordance with the provisions of Section 5.10.

     "Lender" shall have the meaning set forth in the first paragraph of this
Credit Agreement and shall include the Issuing Lender and the Swingline Lender.

     "Lender Commitment Letter" shall mean, with respect to any Lender, the
letter (or other correspondence) to such Lender from the Administrative Agent
notifying such Lender of its LOC Commitment and/or Revolving Commitment
Percentage.

     "Letter of Credit" shall mean (a) any letter of credit issued by the
Issuing Lender pursuant to the terms hereof and (b) any Existing Letter of
Credit, in each case as such letter of credit may be amended, modified,
extended, renewed or replaced from time to time.

     "Letter of Credit Facing Fee" shall have the meaning set forth in Section
2.6(c).

     "Letter of Credit Fee" shall have the meaning set forth in Section 2.6(b).

     "LIBOR" shall mean, for any LIBOR Rate Loan for any Interest Period
therefor, the rate per annum (rounded upwards, if necessary, to the nearest
1/100 of 1%) appearing on Telerate Page 3750 (or any successor page) as the
London interbank offered rate for deposits in Dollars at approximately 11:00
A.M. (London time) two Business Days prior to the first day of such Interest
Period for a term comparable to such Interest Period. If for any reason such
rate is not available, the term "LIBOR" shall mean, for any LIBOR Rate Loan for
any Interest Period therefor, the rate per annum (rounded upwards, if necessary,
to the nearest 1/100 of 1%) appearing on Reuters Screen LIBO Page as the London
interbank offered rate for deposits in Dollars at approximately 11:00 A.M.
(London time) two Business Days prior to the first day of such Interest Period
for a term comparable to such Interest Period; provided, however, if more than
one rate is specified on Reuters Screen LIBO Page, the applicable rate shall be
the arithmetic mean of all such rates (rounded upwards, if necessary, to the
nearest 1/100 of 1%). If, for any reason, neither of such rates is available,
then "LIBOR" shall mean the rate per annum at which, as determined by the
Administrative Agent, Dollars in an amount comparable to the Loan then requested
are being offered to leading banks at approximately 11:00 A.M. London time, two
(2) Business Days prior to the commencement of the applicable Interest Period
for settlement in immediately available funds by leading banks in the London
interbank market for a period equal to the Interest Period selected.

     "LIBOR Lending Office" shall mean, initially, the office of each Lender
designated as such Lender's LIBOR Lending Office in such Lender's Administrative
Details Form; and thereafter, such other office of such Lender as such Lender
may from time to time specify to the Administrative Agent and the Borrower as
the office of such Lender at which the LIBOR Rate Loans of such Lender are to be
made.

                                       14

<PAGE>

     "LIBOR Rate" shall mean a rate per annum (rounded upwards, if necessary, to
the next higher 1/100th of 1%) determined by the Administrative Agent pursuant
to the following formula:

                                        LIBOR
          LIBOR Rate =   ------------------------------------
                         1.00 - Eurodollar Reserve Percentage

     "LIBOR Rate Loans" shall mean Loans the rate of interest applicable to
which is based on the LIBOR Rate.

     "Lien" shall mean any mortgage, pledge, hypothecation, assignment for
security, deposit arrangement in which a lien arises, encumbrance, lien
(statutory or other), charge or other security interest or any other security
agreement or preferential arrangement which has the practical effect of
constituting a security interest, as to property of any kind or nature
whatsoever (including, without limitation, any conditional sale or other title
retention agreement and any Capital Lease having substantially the same economic
effect as any of the foregoing).

     "Loan" shall mean a Revolving Loan and/or a Swingline Loan, as appropriate.

     "LOC Commitment" shall mean the commitment of the Issuing Lender to issue
Letters of Credit on or after the Closing Date in an amount up to the LOC
Committed Amount and with respect to each Revolving Lender, the commitment of
such Revolving Lender to purchase Participation Interests in Letters of Credit
based on such Revolving Lender's Revolving Commitment Percentage, as such amount
may be reduced from time to time in accordance with the provisions hereof.

     "LOC Committed Amount" shall have the meaning set forth in Section 2.3(a).

     "LOC Documents" shall mean, with respect to any Letter of Credit, such
Letter of Credit, any amendments thereto, any documents delivered in connection
therewith, any application therefor, and any agreements, instruments, guarantees
or other documents (whether general in application or applicable only to such
Letter of Credit) governing or providing for (a) the rights and obligations of
the parties concerned or (b) any collateral security for such obligations.

     "LOC Obligations" shall mean, at any time, the sum of (a) the maximum
amount which is, or at any time thereafter may become, available to be drawn
under Letters of Credit then outstanding, assuming compliance with all
requirements for drawings referred to in such Letters of Credit plus (b) the
aggregate amount of all drawings under Letters of Credit honored by the Issuing
Lender but not theretofore reimbursed. For purposes of determining the LOC
Obligations for any Existing Letter of Credit denominated in Pounds Sterling,
the face amount of such Existing Letter of Credit and any drawings under such
Existing Letter of Credit shall be converted to Dollars based on the spot rate,
as determined by the Administrative Agent on any date of determination.

     "Mandatory LOC Borrowing" shall have the meaning set forth in Section
2.3(e).

                                       15

<PAGE>

     "Mandatory Swingline Borrowing" shall have the meaning set forth in Section
2.4(b)(ii).

     "Material Adverse Effect" shall mean a material adverse effect on (a) the
business, operations, property, assets or financial condition of the Credit
Parties and their Subsidiaries taken as a whole, (b) the ability of the Credit
Parties to perform their material obligations, when such obligations are
required to be performed, under this Credit Agreement, any of the Notes or any
other Credit Document or (c) the validity or enforceability of this Credit
Agreement, any of the Notes or any of the other Credit Documents or the rights
or remedies of the Administrative Agent or the Lenders hereunder or thereunder.

     "Material Contract" shall mean (a) any contract or other agreement, written
or oral, of the Credit Parties or any of their Subsidiaries involving monetary
liability of or to any such Person in an amount in excess of $50,000,000 per
annum and (b) any other contract, agreement, permit or license of the Credit
Parties or any of their Subsidiaries on which the business of the Borrower and
its Subsidiaries (taken as a whole) is substantially dependent.

     "Material Domestic Subsidiary" shall mean, as of any date of determination,
any direct or indirect Domestic Subsidiary of the Borrower that (a) holds the
Capital Stock of a Credit Party or (b) individually generates more than five
percent (5%) of the Consolidated Revenues for the period of four (4) consecutive
fiscal quarters ending as of the end of the fiscal quarter immediately preceding
such date of determination on a Pro Forma Basis (in the case of a newly acquired
Subsidiary) or five percent (5%) of Consolidated Total Assets as of the end of
the fiscal quarter immediately preceding such date of determination on a Pro
Forma Basis (in the case of a newly acquired Subsidiary); provided that, in the
event the Consolidated Revenues or Consolidated Total Assets of all Domestic
Subsidiaries that do not constitute Material Domestic Subsidiaries exceeds
fifteen percent (15%) of the Consolidated Revenues or Consolidated Total Assets,
the Borrower (or the Administrative Agent, in the event the Borrower has failed
to do so within ten (10) days of request therefor by the Administrative Agent)
shall, to the extent necessary, designate sufficient Domestic Subsidiaries to be
deemed to be "Material Domestic Subsidiaries" to eliminate such excess, and such
designated Domestic Subsidiaries shall thereafter constitute Material Domestic
Subsidiaries.

     "Materials of Environmental Concern" shall mean any gasoline or petroleum
(including crude oil or any fraction thereof) or petroleum products or any
hazardous or toxic substances, materials or wastes, defined or regulated as such
in or under any Environmental Law, including, without limitation, asbestos,
polychlorinated biphenyls and urea-formaldehyde insulation.

     "Maturity Date" shall mean January 24, 2011.

     "Minimum Liquidity" shall mean, as of any date of determination, the sum of
cash of the Borrower held in accounts located in the United States plus the
unused amount of the Revolving Committed Amount.

     "Moody's" shall mean Moody's Investors Service, Inc.

                                       16

<PAGE>

     "Multiemployer Plan" shall mean a Plan that is a multiemployer plan as
defined in Section 4001(a)(3) of ERISA.

     "Net Cash Proceeds" shall mean the aggregate cash proceeds received by any
Credit Party or any Subsidiary in respect of any Asset Disposition, Debt
Issuance or Recovery Event, net of (a) direct costs paid or payable as a result
thereof (including, without limitation, legal, accounting and investment banking
fees, and sales commissions) and (b) taxes paid or payable as a result thereof;
it being understood that "Net Cash Proceeds" shall include, without limitation,
any cash received upon the sale or other disposition of any non-cash
consideration received by any Credit Party or any Subsidiary in respect of any
Asset Disposition, Debt Issuance or Recovery Event.

     "Note" or "Notes" shall mean the Revolving Notes and/or the Swingline
Notes, collectively, separately or individually, as appropriate.

     "Note Purchase Agreement (1997)" shall mean that certain Note Purchase
Agreement dated as of August 1, 1997 among Belden Inc. and certain noteholders
from time to time party thereto, as amended by that certain First Amendment to
Note Purchase Agreement dated as of September 1, 1999 and as such agreement may
be hereafter amended, restated, supplemented, refinanced, increased or reduced
from time to time, subject to the terms of this Agreement.

     "Note Purchase Agreement (1999)" shall mean that certain Note Purchase
Agreement dated as of September 1, 1999 among Belden Inc. and certain
noteholders from time to time party thereto, as such agreement may be hereafter
amended, restated, supplemented, refinanced, increased or reduced from time to
time, subject to the terms of this Agreement.

     "Notice of Borrowing" shall mean a request for a Revolving Loan borrowing
pursuant to Section 2.1(b)(i) or a request for a Swingline Loan borrowing
pursuant to Section 2.4(b)(i), as appropriate. A Form of Notice of Borrowing is
attached as Schedule 2.1(b)(i).

     "Notice of Conversion/Extension" shall mean the written notice of
conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate
Base Rate Loan to a LIBOR Rate Loan, or continuation of a LIBOR Rate Loan, in
each case substantially in the form of Schedule 2.10.

     "OFAC" shall mean the U.S. Department of the Treasury's Office of Foreign
Assets Control.

     "Operating Lease" shall mean, as applied to any Person, any lease
(including, without limitation, leases which may be terminated by the lessee at
any time) of any property (whether real, personal or mixed) which is not a
Capital Lease other than any such lease in which that Person is the lessor.

     "Participant" shall have the meaning set forth in Section 9.6(b).

                                       17

<PAGE>

     "Participation Interest" shall mean a participation interest purchased by a
Revolving Lender in LOC Obligations as provided in Section 2.3(c) and in
Swingline Loans as provided in Section 2.4.

     "Patent Licenses" shall mean all agreements, whether written or oral,
providing for the grant by or to a Credit Party of any right to manufacture, use
or sell any invention covered by a Patent, including, without limitation, any
thereof referred to in Schedule 3.16 to the Credit Agreement.

     "Patents" shall mean (a) all letters patent of the United States or any
other country, now existing or hereafter arising, and all improvement patents,
reissues, reexaminations, patents of additions, renewals and extensions thereof,
including, without limitation, any thereof referred to in Schedule 3.16 to this
Credit Agreement, and (b) all applications for letters patent of the United
States or any other country, now existing or hereafter arising, and all
provisionals, divisions, continuations and continuations-in-part and substitutes
thereof, including, without limitation, any thereof referred to in Schedule 3.16
to this Credit Agreement.

     "PBGC" shall mean the Pension Benefit Guaranty Corporation established
pursuant to Subtitle A of Title IV of ERISA.

     "Perfection Collateral" shall mean that portion of the Collateral as to
which perfection of the Lien thereon is contemplated pursuant to Section
5.12(c)(i) and, upon the Administrative Agent's notification to the Borrower
thereof, pursuant to Section 5.12(c)(ii).

     "Permitted Acquisition" shall mean an acquisition or any series of related
acquisitions by a Credit Party of (a) all or substantially all of the assets or
a majority of the Voting Stock of a Person, (b) a Person by a merger,
amalgamation or consolidation or any other combination with such Person or (c)
any division, line of business or other business unit of a Person (such Person
or such division, line of business or other business unit of such Person shall
be referred to herein as the "Target"), in each case that is a type of business
(or assets used in a type of business) permitted to be engaged in by the Credit
Parties and their Subsidiaries pursuant to Section 6.3, so long as (i) no
Default or Event of Default shall then exist or would exist after giving effect
thereto, (ii) the Credit Parties shall demonstrate to the reasonable
satisfaction of the Administrative Agent that, after giving effect to the
acquisition on a Pro Forma Basis, (A) the Total Leverage Ratio as of the last
day of the most recently completed fiscal quarter of the Borrower shall be (I)
during the period from the Closing Date through and including December 31, 2006,
less than 3.50 to 1.0 and (II) on and after January 1, 2007, less than 3.25 to
1.0, and (B) the Credit Parties are in compliance with each of the other
financial covenants set forth in Section 5.9, (iii) if at the time of such
acquisition the Release Conditions are not satisfied and the Target is a U.S.
Person, the Administrative Agent, on behalf of the Lenders, shall have received
(or shall receive in connection with the closing of such acquisition) a first
priority perfected security interest (subject to Permitted Liens) in all
personal property (including, without limitation, Capital Stock, but excluding
any type of property which is not Collateral pursuant to the Security Documents
entered into by the other Credit Parties) acquired with respect to the Target in
accordance with the terms of Sections 5.10 and 5.12 and the Target, if a Person,
shall have executed a Joinder Agreement in accordance with the terms of Section
5.10, (iv) the Administrative Agent shall have received from the Borrower (and
each Lender shall have

                                       18

<PAGE>

received from the Administrative Agent, if requested) (A) a description of the
material terms of such acquisition, (B) audited financial statements (or, if
unavailable, management-prepared financial statements) of the Target for its two
most recent fiscal years and for any fiscal quarters ended within the fiscal
year to date and (C) consolidated projected income statements of the Borrower
and its consolidated Subsidiaries (giving effect to such acquisition) for at
least the twelve (12) month period following the proposed closing date for such
acquisition, all in form and substance reasonably satisfactory to the
Administrative Agent, (v) the Target shall have, pro forma on a stand alone
basis, earnings before interest, taxes, depreciation and amortization for the
four fiscal quarter period prior to the acquisition date in an amount greater
than $0, and (vi) such acquisition shall not be a "hostile" acquisition and
shall have been approved by the Board of Directors and/or shareholders of the
applicable Credit Party and the Target.

     "Permitted Investments" shall mean:

          (a) cash and Cash Equivalents;

          (b) Investments existing as of the Closing Date and set forth on
     Schedule 1.1(b);

          (c) receivables owing to the Credit Parties or any of their
     Subsidiaries and advances to suppliers, in each case if created, acquired
     or made in the ordinary course of business and payable or dischargeable in
     accordance with customary trade terms;

          (d) Investments in any Credit Party;

          (e) loans and advances to officers, directors and employees in an
     aggregate amount not to exceed $1,000,000 at any time outstanding;

          (f) Investments (including debt obligations) received in connection
     with the bankruptcy or reorganization of suppliers and customers and in
     settlement of delinquent obligations of, and other disputes with, customers
     and suppliers arising in the ordinary course of business;

          (g) Investments, acquisitions or transactions permitted under Article
     VI, including Sections 6.1, 6.2 and 6.4 (including any Investments owned by
     a Person acquired in a Permitted Acquisition);

          (h) Hedging Agreements to the extent permitted hereunder;

          (i) Repurchases of Capital Stock of the Borrower from employees or
     former employees to the extent permitted by Section 6.10(f);

          (j) Permitted Acquisitions;

          (k) Investments (in addition to those Investments in Subsidiaries
     existing as of the Closing Date and set forth on Schedule 1.1(b) and
     Guaranty Obligations permitted by

                                       19

<PAGE>

     Section 6.1(h)) (i) by Subsidiaries which are not Credit Parties in
     Subsidiaries which are not Credit Parties; and (ii) by Credit Parties in
     Subsidiaries which are not Credit Parties in an aggregate amount at any
     time outstanding not to exceed (A) for the first year following the Closing
     Date, $50,000,000, (B) for the second year following the Closing Date,
     $40,000,000, and (C) for the third year following the Closing Date and each
     year thereafter, $30,000,000; provided, that no Default or Event of Default
     shall exist either before or immediately after the making thereof;

          (l) deposits made in the ordinary course of business required by
     government agencies, public utilities or insurance companies;

          (m) Investments made with respect to Tax Related Foreign Advances in
     an aggregate amount not to exceed the Dollar equivalent of
     L25,000,000 at any time outstanding; provided, that no Default or
     Event of Default shall exist either before or immediately after the making
     thereof; and

          (n) additional loans, advances and/or Investments of a nature not
     contemplated by the foregoing clauses hereof; provided that such loans,
     advances and/or Investments made pursuant to this clause shall not exceed
     an aggregate amount of $2,000,000 at any time outstanding.

     "Permitted Liens" shall mean:

          (a) Liens created by or otherwise existing under or in connection with
     this Credit Agreement or the other Credit Documents in favor of the
     Administrative Agent on behalf of the Secured Parties;

          (b) Liens in favor of a Hedging Agreement Provider in connection with
     a Secured Hedging Agreement; provided that such Liens shall secure the
     Credit Party Obligations (other than obligations under such Secured Hedging
     Agreement) and the obligations under such Secured Hedging Agreement on a
     pari passu basis;

          (c) Liens securing purchase money Indebtedness and Capital Lease
     Obligations (and refinancings thereof) to the extent permitted under
     Section 6.1(c); provided, that (i) any such Lien attaches to the property
     securing such Indebtedness or Capital Lease Obligations concurrently with
     or within ninety (90) days after the acquisition thereof and (ii) such Lien
     attaches solely to the property so acquired in such transaction;

          (d) Liens for taxes, assessments, charges or other governmental levies
     not yet due or as to which the period of grace (not to exceed sixty (60)
     days), if any, related thereto has not expired or which are being contested
     in good faith by appropriate proceedings; provided that adequate reserves
     with respect thereto are maintained on the books of any Credit Party or its
     Subsidiaries, as the case may be, in conformity with GAAP;

                                       20

<PAGE>

          (e) statutory Liens such as carriers', warehousemen's, mechanics',
     materialmen's and supplier's (including sellers of goods), landlords',
     repairmen's or other Liens imposed by law or pursuant to customary
     reservations of retention of title arising in the ordinary course of
     business which are not overdue for a period of more than thirty (30) days
     or which are being contested in good faith by appropriate proceedings;

          (f) pledges or deposits in connection with workers' compensation,
     unemployment insurance and other social security legislation and deposits
     securing liability to insurance carriers under insurance or self-insurance
     arrangements in the ordinary course of business;

          (g) deposits to secure the performance of bids, trade contracts (other
     than for borrowed money), leases, statutory obligations, contractual or
     warranty requirements, surety and appeal bonds, performance bonds and other
     obligations of a like nature incurred in the ordinary course of business;

          (h) easements (including reciprocal easement agreements and utility
     agreements), rights of way, covenants, consents, reservations,
     encroachments, variations, restrictions on the use of real property, minor
     defects or irregularities in title, lessor's liens, and other similar
     restricting charges or encumbrances affecting real property or fixtures and
     improvements thereon which do not materially interfere with the value or
     use of the property so encumbered;

          (i) any extension, renewal or replacement (or successive extensions,
     renewals or replacements), in whole or in part, of any Lien referred to in
     this definition (other than Liens set forth on Schedule 1.1(c)); provided
     that such extension, renewal or replacement Lien shall be limited to all or
     a part of the property which secured the Lien so extended, renewed or
     replaced (plus improvements on such property);

          (j) Liens existing on the Closing Date and set forth on Schedule
     1.1(c); provided that (i) no such Lien shall at any time be extended to
     cover property or assets other than the property or assets subject thereto
     on the Closing Date and improvements thereon and the proceeds thereof and
     (ii) the principal amount of the Indebtedness secured by such Lien shall
     not be extended, renewed, refunded or refinanced;

          (k) Liens evidenced by precautionary UCC financing statements in
     respect of Operating Leases permitted by this Agreement;

          (l) Liens arising out of judgments, decrees and attachments not
     resulting in an Event of Default;

          (m) Liens arising in the ordinary course of business by virtue of any
     contractual, statutory or common law provision relating to banker's Liens,
     rights of set-off or similar rights and remedies covering deposit or
     securities accounts (including funds or other assets credited thereto) or
     other funds maintained with a depository institution or securities
     intermediary;

                                       21

<PAGE>

          (n) any zoning, building or similar laws or rights reserved to or
     vested in any Governmental Authority;

          (o) Liens on (i) the property of a Person existing at the time such
     Person becomes a Subsidiary of a Credit Party and (ii) property or assets
     existing at the time such property or assets are acquired by any Credit
     Party or any of its Subsidiaries, in each case in a transaction permitted
     hereunder and securing Indebtedness in an aggregate principal amount not to
     exceed $10,000,000 at any time outstanding; provided, however, that any
     such Lien may not extend to any other property other than the property
     subject to such Lien on the date such Person becomes a Subsidiary or such
     property or assets are acquired; provided, further, that any such Lien was
     not created in anticipation of or in connection with the transaction or
     series of transactions pursuant to which such Person became a Subsidiary of
     a Credit Party or such property or assets were acquired;

          (p) any interest or title of a lessor, licensor or sublessor under any
     lease, license or sublease entered into by any Credit Party or any
     Subsidiary thereof permitted by this Agreement and in the ordinary course
     of its business and covering only the assets so leased, licensed or
     subleased;

          (q) assignments of insurance or condemnation proceeds provided to
     landlords (or their mortgagees) pursuant to the terms of any lease and
     Liens or rights reserved in any lease for rent or for compliance with the
     terms of such lease;

          (r) Liens created by a Foreign Subsidiary securing Indebtedness as
     allowed under Section 6.1(m); and

          (s) other Liens securing obligations not to exceed $2,500,000 in an
     aggregate principal amount outstanding at any time.

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

     "Plan" shall mean, as of any date of determination, any employee benefit
plan which is covered by Title IV of ERISA and in respect of which any Credit
Party or a Commonly Controlled Entity is (or, if such plan were terminated at
such time, would under Section 4069 of ERISA be deemed to be) an "employer" as
defined in Section 3(5) of ERISA.

     "Pledge Agreement" shall mean the Pledge Agreement dated as of the Closing
Date executed by the Credit Parties and each Person required to become a party
thereto pursuant to Section 5.10 in favor of the Administrative Agent, for the
benefit of the Secured Parties, as the same may from time to time be amended,
restated, amended and restated, supplemented or otherwise modified in accordance
with the terms hereof and thereof.

                                       22

<PAGE>

     "Pounds Sterling" shall mean British pounds sterling, the lawful currency
of the United Kingdom.

     "Prime Rate" shall have the meaning set forth in the definition of
Alternate Base Rate.

     "Pro Forma Basis" shall mean, with respect to any transaction, that such
transaction shall be deemed to have occurred as of the first day of the
twelve-month period ending as of the most recent quarter end preceding the date
of such transaction.

     "Properties" shall have the meaning set forth in Section 3.10(a).

     "Purchase Money Lien" shall mean any Lien (including a negative pledge
arrangement) granted by any Credit Party or its Subsidiaries from time to time
to vendors or financiers of equipment or property to secure the payment of the
purchase price thereof so long as (a) such Liens extend only to the specific
equipment or property so purchased, (b) secure only such deferred payment
obligation and related interest, fees and charges and other obligations under
the related contract and no other Indebtedness, and (c) are promptly released
upon the payment in full of such purchase price and related interest, fees and
charges by operation of law or otherwise.

     "Purchasing Lenders" shall have the meaning set forth in Section 9.6(c).

     "Recovery Event" shall mean the receipt by any Credit Party or any of its
Subsidiaries of any cash insurance proceeds or condemnation award payable by
reason of theft, loss, physical destruction or damage, taking or similar event
with respect to any of their respective property or assets.

     "Register" shall have the meaning set forth in Section 9.6(d).

     "Reimbursement Obligation" shall mean the obligation of the Borrower to
reimburse the Issuing Lender pursuant to Section 2.3(d) for amounts drawn under
Letters of Credit.

     "Release Conditions" shall mean each of the following: (a) the Borrower
having obtained the Release Rating, (b) the Borrower's senior unsecured debt
continuing to be rated by both S&P and Moody's, and (c) after the Borrower
having obtained the Release Rating, the Borrower maintaining at all times a
senior unsecured credit rating higher than or equal to BB+ and Ba1 by both S&P
and Moody's, respectively.

     "Release Rating" shall mean a senior unsecured credit rating of BBB-
(Stable) and Baa3 (Stable) or better by both S&P and Moody's, respectively.

     "Reorganization" shall mean, with respect to any Multiemployer Plan, the
condition that such Plan is in reorganization within the meaning of such term as
used in Section 4241 of ERISA.

                                       23

<PAGE>

     "Reportable Event" shall mean any of the events set forth in Section
4043(c) of ERISA, other than those events as to which the thirty-day notice
period is waived under PBGC Reg. Section 4043.

     "Required Lenders" shall mean, as of any date of determination, Lenders
holding at least a majority of (a) the outstanding Revolving Commitments or (b)
if the Revolving Commitments have been terminated, the outstanding Loans and
Participation Interests; provided, however, that if any Lender shall be a
Defaulting Lender at such time, then there shall be excluded from the
determination of Required Lenders, outstanding Loans and Participation Interests
owing to such Defaulting Lender and such Defaulting Lender's Revolving
Commitments.

     "Requirement of Law" shall mean, as to any Person, the articles or
certificate of incorporation and by-laws or other organizational or governing
documents of such Person, and each law, treaty, rule or regulation issued by a
Governmental Authority, or binding determination of an arbitrator or a court or
other Governmental Authority, in each case applicable to or binding upon such
Person or any of its property or to which such Person or any of its property is
subject.

     "Responsible Officer" shall mean as to (a) the Borrower, the President, the
Chief Executive Officer, Chief Financial Officer or Treasurer thereof and (b)
any other Credit Party, any duly elected and authorized officer thereof.

     "Restricted Payment" shall mean (a) any dividend or other distribution,
direct or indirect, on account of any shares of any class of Capital Stock of
any Credit Party or any of its Subsidiaries, now or hereafter outstanding, (b)
any redemption, retirement, sinking fund or similar payment, purchase or other
acquisition for value, direct or indirect, of any shares of any class of Capital
Stock of any Credit Party or any of its Subsidiaries, now or hereafter
outstanding, (c) any payment made to retire, or to obtain the surrender of, any
outstanding warrants, options or other rights to acquire shares of any class of
Capital Stock of any Credit Party or any of its Subsidiaries, now or hereafter
outstanding, (d) any payment with respect to any earnout obligation and (e) any
payment or prepayment of principal of, premium, if any, or interest on,
redemption, purchase, retirement, defeasance, sinking fund or similar payment
with respect to, the Senior Notes or any Subordinated Debt of any Credit Party
or any of its Subsidiaries.

     "Revolving Commitment" shall mean, with respect to each Revolving Lender,
the commitment of such Revolving Lender to make Revolving Loans in an aggregate
principal amount at any time outstanding up to an amount equal to such Revolving
Lender's Revolving Commitment Percentage of the Revolving Committed Amount.

     "Revolving Commitment Percentage" shall mean, for each Revolving Lender,
the percentage identified as its Revolving Commitment Percentage in its Lender
Commitment Letter or in the Commitment Transfer Supplement pursuant to which
such Lender became a Lender hereunder, as such percentage may be modified in
connection with any assignment made in accordance with the provisions of Section
9.6(c). The sum of Revolving Commitment Percentages of all Lenders shall equal
one hundred percent (100%).

                                       24

<PAGE>

     "Revolving Committed Amount" shall have the meaning set forth in Section
2.1(a).

     "Revolving Lender" shall mean, as of any date of determination, a Lender
holding a Revolving Commitment on such date.

     "Revolving Loan" shall have the meaning set forth in Section 2.1.

     "Revolving Note" or "Revolving Notes" shall mean the promissory notes of
the Borrower provided pursuant to Section 2.1(e) in favor of any of the
Revolving Lenders requesting a promissory note evidencing the Revolving Loans
provided by any such Revolving Lender pursuant to Section 2.1(a), individually
or collectively, as appropriate, as such promissory notes may be amended,
modified, restated, supplemented, extended, renewed or replaced from time to
time.

     "S&P" shall mean Standard & Poor's Ratings Services, a division of The
McGraw Hill Companies, Inc.

     "Sanctioned Country" shall mean a country subject to a sanctions program
identified on the list maintained by OFAC and available at
http://www.treas.gov/offices/eotffc/ofac/sanctions/index.html, or as otherwise
published from time to time.

     "Sanctioned Person" shall mean (a) a Person named on the list of "Specially
Designated Nationals and Blocked Persons" maintained by OFAC available at
http://www.treas.gov/offices/eotffc/ofac/sdn/index.html, or as otherwise
published from time to time, or (b) (i) an agency of the government of a
Sanctioned Country, (ii) an organization controlled by a Sanctioned Country, or
(iii) a person resident in a Sanctioned Country, to the extent subject to a
sanctions program administered by OFAC.

     "Scheduled Funded Debt Payments" shall mean, as of any date of
determination for the Credit Parties and their Subsidiaries, the sum of all
scheduled payments of principal on Funded Debt for the applicable period ending
on the date of determination (including the principal component of payments due
on Capital Leases during the applicable period ending on the date of
determination). Notwithstanding the foregoing, the principal payment in the
amount of $44,000,000 to be made in respect of the Senior Notes (1999) on
September 1, 2006 shall not be included in the determination of Scheduled Funded
Debt Payments if immediately after the making of such payment the Minimum
Liquidity is at least $50,000,000.

     "Secured Hedging Agreement" shall mean any Hedging Agreement between a
Credit Party and a Hedging Agreement Provider, as amended, restated, amended and
restated, modified, supplemented or extended from time to time.

     "Secured Parties" shall mean the Administrative Agent, the Lenders and the
Hedging Agreement Providers.

                                       25

<PAGE>

     "Security Agreement" shall mean the Security Agreement dated as of the
Closing Date executed by the Credit Parties and each Person required to become a
party thereto pursuant to Section 5.10 in favor of the Administrative Agent, for
the benefit of the Secured Parties, as amended, restated, amended and restated,
modified or supplemented from time to time in accordance with its terms.

     "Security Documents" shall mean the Security Agreement, the Pledge
Agreement and all other agreements, documents and instruments executed by a
Credit Party in connection with any of the foregoing documents or granting to
the Administrative Agent, Liens to secure the Credit Party Obligations whether
now or hereafter executed and/or filed, each as may be amended from time to time
in accordance with the terms hereof, executed and delivered in connection with
the granting, attachment and perfection of the Administrative Agent's security
interests and liens arising thereunder, including, without limitation, UCC
financing statements.

     "Senior Note Purchase Agreements" shall mean, collectively, the Note
Purchase Agreement (1997) and the Note Purchase Agreement (1999).

     "Senior Note Purchase Documents" shall mean, collectively, the Senior Note
Purchase Agreements, the Senior Notes and all other documents entered into in
connection therewith.

     "Senior Notes" shall mean, collectively, the Senior Notes (1997) and the
Senior Notes (1999).

     "Senior Notes (1997)" shall mean, individually or collectively, as the
context may require, the notes issued pursuant to the Note Purchase Agreement
(1997), as such notes may be supplemented, amended or otherwise modified from
time to time to the extent permitted hereunder.

     "Senior Notes (1999)" shall mean, individually or collectively, as the
context may require, the notes issued pursuant to the Note Purchase Agreement
(1999), as such notes may be supplemented, amended or otherwise modified from
time to time to the extent permitted hereunder.

     "Single Employer Plan" shall mean any Plan that is not a Multiemployer
Plan.

     "Subordinated Debt" shall mean any Indebtedness incurred by any Credit
Party which by its terms is specifically subordinated in right of payment to the
prior payment of the Credit Party Obligations and contains subordination,
maturity and other terms reasonably acceptable to the Required Lenders,
including, without limitation, the Subordinated Debt Securities.

     "Subordinated Debt Securities" shall mean, individually or collectively, as
the context may require, the 4.0% Convertible Subordinated Debentures due July
15, 2023, in an original principal amount of $110,000,000 issued by Cable Design
Technologies Corporation, a Delaware corporation and predecessor of the
Borrower, pursuant to the Subordinated Note Indenture (of which original
principal amount, $110,000,000 is outstanding as of the Closing

                                       26

<PAGE>

Date), as such debentures may be supplemented, amended or otherwise modified
from time to time to the extent permitted hereunder.

     "Subordinated Note Documents" shall mean, collectively, the Subordinated
Debt Securities, the Subordinated Note Indenture and all other documents entered
into in connection therewith.

     "Subordinated Note Indenture" shall mean that certain Indenture, dated as
of July 8, 2003 by and among Cable Design Technologies Corporation, a Delaware
corporation and predecessor of the Borrower, and US Bank National Association,
as trustee, as supplemented, amended or otherwise modified from time to time to
the extent permitted hereunder.

     "Subsidiary" shall mean, as to any Person, a corporation, partnership,
limited liability company or other entity of which shares of stock or other
ownership interests having ordinary voting power (other than stock or such other
ownership interests having such power only by reason of the happening of a
contingency) to elect a majority of the board of directors or other managers of
such corporation, partnership or other entity are at the time owned, or the
management of which is otherwise controlled, directly or indirectly through one
or more intermediaries, or both, by such Person. Unless otherwise qualified, all
references to a "Subsidiary" or to "Subsidiaries" in this Credit Agreement shall
refer to a Subsidiary or Subsidiaries of the Borrower.

     "Swingline Commitment" shall mean the commitment of the Swingline Lender to
make Swingline Loans in an aggregate principal amount at any time outstanding up
to the Swingline Committed Amount, and the commitment of the Revolving Lenders
to purchase participation interests in the Swingline Loans as provided in
Section 2.4(b)(ii), as such amounts may be reduced from time to time in
accordance with the provisions hereof.

     "Swingline Committed Amount" shall mean the amount of the Swingline
Lender's Swingline Commitment as specified in Section 2.4(a).

     "Swingline Lender" shall mean Wachovia and any successor in such capacity.

     "Swingline Loan" shall have the meaning set forth in Section 2.4(a).

     "Swingline Note" shall mean the promissory note of the Borrower in favor of
the Swingline Lender evidencing the Swingline Loans provided pursuant to Section
2.4(d), as such promissory note may be amended, modified, supplemented,
extended, renewed or replaced from time to time.

     "Tax Related Foreign Advances" shall mean that flow of funds associated
with the original issue discount note program of Belden (UK) Limited involving
loans made once annually, typically during December of each year, from Belden
Technologies, Inc. to Belden (UK) FINCO Limited Partnership and then from Belden
(UK) FINCO Limited Partnership to Belden (UK) Limited and then repaid by Belden
(UK) Limited to Belden (UK) FINCO Limited Partnership and by Belden (UK) FINCO
Limited Partnership to Belden Technologies, Inc. within

                                       27
<PAGE>

two weeks, the principal amount of which loans escalates each year by the amount
of discount capitalized from the prior year (the amount loaned in December of
2005 was the Dollar equivalent of L20,321,485).

     "Taxes" shall have the meaning set forth in Section 2.18.

     "Termination Date" shall mean the date upon which all Credit Party
Obligations have been paid in full in cash (other than LOC Obligations specified
in clause (a) of the definition thereof and contingent indemnification and
reimbursement obligations with respect to which no claim is due and payable),
all Commitments have been terminated, and, with respect to LOC Obligations
specified in clause (a) of the definition thereof, all such LOC Obligations have
expired, terminated, been cash collateralized on terms reasonably acceptable to
the Issuing Lender and the Administrative Agent or been backed by standby
letters of credit reasonably acceptable to the Issuing Lender and the
Administrative Agent.

     "Total Debt" shall mean, at any date, and without duplication, the
aggregate principal amount of Funded Debt of the Credit Parties and their
Subsidiaries as determined on a consolidated basis in accordance with GAAP.

     "Total Leverage Ratio" shall mean, as of the end of each fiscal quarter of
the Borrower, for the Borrower and its Subsidiaries on a consolidated basis, for
the four consecutive fiscal quarters ending on such date, the ratio of (a) Total
Debt on such date to (b) Consolidated EBITDA for such period.

     "Trademark License" shall mean any agreement, whether written or oral,
providing for the grant by or to a Credit Party of any right to use any
Trademark, including, without limitation, any thereof referred to in Schedule
3.16 to this Credit Agreement, but excluding any license of a Trademark to a
Credit Party with respect to a generally available product.

     "Trademarks" shall mean (a) all trademarks, trade names, corporate names,
company names, business names, fictitious business names, service marks,
elements of package or trade dress of goods or services, logos and other source
or business identifiers, together with the goodwill associated therewith, now
existing or hereafter adopted or acquired, all registrations and recordings
thereof, and all applications in connection therewith, whether in the United
States Patent and Trademark Office or in any similar office or agency of the
United States, any State thereof or any other country or any political
subdivision thereof, including, without limitation, any thereof referred to in
Schedule 3.16 to this Credit Agreement, and (b) all renewals thereof including,
without limitation, any thereof referred to in Schedule 3.16.

     "Tranche" shall mean the collective reference to LIBOR Rate Loans whose
Interest Periods begin and end on the same day.

     "Transactions" shall mean the closing of this Agreement and the other
Credit Documents, and the other transactions contemplated hereby to occur in
connection with such closing (including, without limitation, the initial
borrowings under the Credit Documents and the payment of fees and expenses in
connection with all of the foregoing).

                                       28

<PAGE>

     "Transfer Effective Date" shall have the meaning set forth in each
Commitment Transfer Supplement.

     "Type" shall mean, as to any Loan, its nature as an Alternate Base Rate
Loan or LIBOR Rate Loan, as the case may be.

     "UCC" shall mean the Uniform Commercial Code from time to time in effect in
any applicable jurisdiction.

     "Vehicles" shall mean all of the Credit Parties' cars, trucks, trailers,
rolling stock, construction and earth moving equipment and other vehicles
covered by a certificate of title law of any state and all tires and other
appurtenances to any of the foregoing, all whether now existing or owned or
hereafter acquired or arising.

     "Voting Stock" shall mean, with respect to any Person, Capital Stock issued
by such Person the holders of which are ordinarily, in the absence of
contingencies, entitled to vote for the election of directors (or persons
performing similar functions) of such Person, even though the right so to vote
may be or have been suspended by the happening of such a contingency.

     "Wachovia" shall mean Wachovia Bank, National Association, a national
banking association, together with its successors and/or assigns.

     "Works" shall mean all works which are subject to copyright protection
pursuant to Title 17 of the United States Code.

     SECTION 1.2 OTHER DEFINITIONAL PROVISIONS.

          (a) Unless otherwise specified therein, all terms defined in this
     Credit Agreement shall have the defined meanings when used in the Notes or
     other Credit Documents or any certificate or other document made or
     delivered pursuant hereto.

          (b) The words "hereof", "herein" and "hereunder" and words of similar
     import when used in this Credit Agreement shall refer to this Credit
     Agreement as a whole and not to any particular provision of this Credit
     Agreement, and Section, subsection, Schedule and Exhibit references are to
     this Credit Agreement unless otherwise specified.

          (c) The meanings given to terms defined herein shall be equally
     applicable to both the singular and plural forms of such terms.

     SECTION 1.3 ACCOUNTING TERMS.

     Unless otherwise specified herein, all accounting terms used herein shall
be interpreted, all accounting determinations hereunder shall be made, and all
financial statements required to be delivered hereunder shall be prepared in
accordance with GAAP applied on a basis consistent

                                       29

<PAGE>

with the most recent audited consolidated financial statements of the Borrower
delivered to the Lenders; provided that, if the Borrower shall notify the
Administrative Agent that it wishes to amend any provision in Section 5.9 to
eliminate the effect of any change in GAAP on the operation of any such
definition or provision (or if the Administrative Agent notifies the Borrower
that the Required Lenders wish to amend any such definition or provision for
such purpose), then the Borrower's compliance with such provisions shall be
determined on the basis of GAAP in effect immediately before the relevant change
in GAAP became effective, until either such notice is withdrawn or such
definition or provision is amended in a manner satisfactory to the Borrower and
the Required Lenders.

     The Borrower shall deliver to the Administrative Agent and each Lender at
the same time as the delivery of any annual or quarterly financial statements
given in accordance with the provisions of Section 5.1, (a) a description in
reasonable detail of any material change in the application of accounting
principles employed in the preparation of such financial statements from those
applied in the most recently preceding quarterly or annual financial statements
as to which no objection shall have been made in accordance with the provisions
above and (b) a reasonable estimate of the effect on the financial statements on
account of such changes in application.

     SECTION 1.4 RESOLUTION OF DRAFTING AMBIGUITIES.

     Each Credit Party acknowledges and agrees that it was represented by
counsel in connection with the execution and delivery of this Credit Agreement
and the other Credit Documents to which it is a party, that it and its counsel
reviewed and participated in the preparation and negotiation hereof and thereof
and that any rule of construction to the effect that ambiguities are to be
resolved against the drafting party shall not be employed in the interpretation
hereof or thereof.

     SECTION 1.5 TIME REFERENCES.

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

                                   ARTICLE II

                           THE LOANS; AMOUNT AND TERMS

     SECTION 2.1 REVOLVING LOANS.

          (a) Revolving Commitment. During the Commitment Period, subject to the
     terms and conditions hereof, each Revolving Lender severally agrees to make
     revolving credit loans in Dollars ("Revolving Loans") to the Borrower from
     time to time for the purposes hereinafter set forth; provided, however,
     that (i) with regard to each Revolving Lender individually, the sum of such
     Revolving Lender's Revolving Commitment Percentage of the aggregate
     principal amount of outstanding Revolving Loans plus such

                                       30

<PAGE>

     Revolving Lender's Revolving Commitment Percentage of outstanding Swingline
     Loans plus such Revolving Lender's Revolving Commitment Percentage of
     outstanding LOC Obligations shall not exceed such Revolving Lender's
     Revolving Commitment and (ii) with regard to the Revolving Lenders
     collectively, the sum of the aggregate principal amount of outstanding
     Revolving Loans plus outstanding Swingline Loans plus outstanding LOC
     Obligations shall not exceed the Revolving Committed Amount then in effect.
     For purposes hereof, the aggregate principal amount available hereunder for
     Revolving Loans shall be ONE HUNDRED SIXTY-FIVE MILLION DOLLARS
     ($165,000,000) (as such aggregate maximum amount may be reduced from time
     to time as provided in Section 2.7 or increased from time to time as
     provided in Section 2.5, the "Revolving Committed Amount"). Revolving Loans
     may consist of Alternate Base Rate Loans or LIBOR Rate Loans, or a
     combination thereof, as the Borrower may request, and may be repaid and
     reborrowed in accordance with the provisions hereof; provided, however, the
     Revolving Loans made on the Closing Date or any of the three (3) Business
     Days following the Closing Date may only consist of Alternate Base Rate
     Loans unless the Borrower delivers a Funding Indemnity Letter to the
     Administrative Agent at least three (3) Business Days prior to the Closing
     Date. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR
     Lending Office and Alternate Base Rate Loans at its Domestic Lending
     Office.

          (b) Revolving Loan Borrowings.

               (i) Notice of Borrowing. The Borrower shall request a Revolving
          Loan borrowing by delivering a Notice of Borrowing (or telephone
          notice promptly confirmed in writing by delivery of a Notice of
          Borrowing, which delivery may be by fax) to the Administrative Agent
          not later than 11:00 A.M. on the Business Day of the requested
          borrowing in the case of Alternate Base Rate Loans, and on the third
          Business Day prior to the date of the requested borrowing in the case
          of LIBOR Rate Loans. Each such Notice of Borrowing shall be
          irrevocable and shall specify (A) that a Revolving Loan is requested,
          (B) the date of the requested borrowing (which shall be a Business
          Day), (C) the aggregate principal amount to be borrowed and (D)
          whether the borrowing shall consist of an Alternate Base Rate Loan or
          a LIBOR Rate Loan, and if a LIBOR Rate Loan is requested, the Interest
          Period therefor. If the Borrower shall fail to specify in any such
          Notice of Borrowing (1) an applicable Interest Period in the case of a
          LIBOR Rate Loan, then such notice shall be deemed to be a request for
          an Interest Period of one month, or (2) the Type of Revolving Loan
          requested, then such notice shall be deemed to be a request for an
          Alternate Base Rate Loan hereunder. The Administrative Agent shall
          give notice to each Revolving Lender promptly upon receipt of each
          Notice of Borrowing, the contents thereof and each such Revolving
          Lender's share thereof.

               (ii) Minimum Amounts. Each Revolving Loan which is an Alternate
          Base Rate Loan shall be in a minimum aggregate amount of $1,000,000
          and in integral multiples of $1,000,000 in excess thereof (or the
          remaining amount of the Revolving Committed Amount, if less). Each
          Revolving Loan which is a LIBOR

                                       31

<PAGE>

          Rate Loan shall be in a minimum aggregate amount of $5,000,000 and in
          integral multiples of $1,000,000 in excess thereof (or the remaining
          amount of the Revolving Committed Amount, if less).

               (iii) Advances. Each Revolving Lender will make its Revolving
          Commitment Percentage of each Revolving Loan borrowing available to
          the Administrative Agent for the account of the Borrower at the office
          of the Administrative Agent specified in Section 9.2, or at such other
          office as the Administrative Agent may designate in writing, upon
          reasonable advance notice by 1:00 P.M. on the date specified in the
          applicable Notice of Borrowing, in Dollars and in funds immediately
          available to the Administrative Agent. Such borrowing will then be
          made available to the Borrower by the Administrative Agent by
          crediting the account of the Borrower on the books of such office with
          the aggregate of the amounts made available to the Administrative
          Agent by the Revolving Lenders and in like funds as received by the
          Administrative Agent.

          (c) Repayment. Subject to the terms of this Credit Agreement,
     Revolving Loans may be borrowed, repaid and reborrowed during the
     Commitment Period. The principal amount of all Revolving Loans shall be due
     and payable in full on the Maturity Date, unless accelerated sooner
     pursuant to Section 7.2.

          (d) Interest. Subject to the provisions of Section 2.9(b), Revolving
     Loans shall bear interest as follows:

               (i) Alternate Base Rate Loans. Each Alternate Base Rate Loan
          shall bear interest at a per annum rate equal to the sum of the
          Alternate Base Rate plus the Applicable Percentage; and

               (ii) LIBOR Rate Loans. Each LIBOR Rate Loan shall bear interest
          at a per annum rate equal to the sum of the LIBOR Rate plus the
          Applicable Percentage.

     Interest on Revolving Loans shall be payable in arrears on each Interest
Payment Date.

          (e) Revolving Notes; Covenant to Pay. Each Revolving Lender's
     Revolving Commitment shall be evidenced, upon such Revolving Lender's
     request, by a duly executed promissory note of the Borrower to such
     Revolving Lender in substantially the form of Schedule 2.1(e). The Borrower
     covenants and agrees to pay the Revolving Loans in accordance with the
     terms of this Credit Agreement and the Revolving Note or Revolving Notes.

     SECTION 2.2 RESERVED.

                                       32

<PAGE>

     SECTION 2.3 LETTER OF CREDIT SUBFACILITY.

          (a) Issuance. Subject to the terms and conditions hereof and of the
     LOC Documents, if any, and any other terms and conditions of an
     administrative nature which the Issuing Lender may reasonably require,
     during the Commitment Period the Issuing Lender shall issue, and the
     Revolving Lenders shall participate in, standby or trade Letters of Credit
     for the account of the Borrower from time to time upon request in a form
     acceptable to the Issuing Lender; provided, however, that (i) the aggregate
     amount of LOC Obligations shall not at any time exceed TWENTY FIVE MILLION
     DOLLARS ($25,000,000) (the "LOC Committed Amount"), (ii) the sum of the
     aggregate principal amount of outstanding Revolving Loans plus outstanding
     Swingline Loans plus outstanding LOC Obligations shall not at any time
     exceed the Revolving Committed Amount then in effect, (iii) all Letters of
     Credit (other than Existing Letters of Credit, which may be denominated in
     Dollars or Pounds Sterling) shall be denominated in Dollars and (iv)
     Letters of Credit shall be issued for any lawful corporate purposes of the
     Borrower or any of its Subsidiaries and may be issued as standby letters of
     credit, including in connection with workers' compensation and other
     insurance programs and trade letters of credit. Except as otherwise
     expressly agreed upon by all the Revolving Lenders, no Letter of Credit
     shall have an original expiry date more than twelve (12) months from the
     date of issuance; provided, however, so long as no Default or Event of
     Default has occurred and is continuing and subject to the other terms and
     conditions to the issuance of Letters of Credit hereunder, the expiry dates
     of Letters of Credit may be extended annually or periodically from time to
     time on the request of the Borrower or by operation of the terms of the
     applicable Letter of Credit to a date not more than twelve (12) months from
     the date of extension; provided, further, that no Letter of Credit, as
     originally issued or as extended, shall have an expiry date extending
     beyond the date that is thirty (30) days prior to the Maturity Date. Each
     Letter of Credit shall comply with the related LOC Documents. The issuance
     and expiry date of each Letter of Credit shall be a Business Day. Any
     Letters of Credit issued hereunder shall be in a minimum original face
     amount of $100,000. Wachovia shall be the Issuing Lender on all Letters of
     Credit issued on or after the Closing Date. The Borrower's reimbursement
     obligations in respect of each Existing Letter of Credit, and each Lender's
     participation obligations in connection therewith, shall be governed by the
     terms of this Credit Agreement.

          (b) Notice and Reports. The request for the issuance of a Letter of
     Credit shall be submitted to the Issuing Lender at least five (5) Business
     Days prior to the requested date of issuance. The Issuing Lender will
     promptly upon request provide to the Administrative Agent for dissemination
     to the Revolving Lenders a detailed report specifying the Letters of Credit
     which are then issued and outstanding and any activity with respect thereto
     which may have occurred since the date of any prior report, and including
     therein, among other things, the account party, the beneficiary, the face
     amount, expiry date as well as any payments or expirations which may have
     occurred. The Issuing Lender will further provide to the Administrative
     Agent promptly upon request copies of the Letters of Credit. The Issuing
     Lender will provide to the Administrative Agent promptly upon request a
     summary report of the nature and extent of LOC Obligations then
     outstanding.

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          (c) Participations. Each Revolving Lender, (i) on the Closing Date
     with respect to each Existing Letter of Credit and (ii) upon issuance of a
     Letter of Credit, shall be deemed to have purchased without recourse a risk
     participation from the Issuing Lender in such Letter of Credit and the
     obligations arising thereunder and any collateral relating thereto, in each
     case in an amount equal to its Revolving Commitment Percentage of the
     obligations under such Letter of Credit and shall absolutely,
     unconditionally and irrevocably assume, as primary obligor and not as
     surety, and be obligated to pay to the Issuing Lender therefor and
     discharge when due, its Revolving Commitment Percentage of the obligations
     arising under such Letter of Credit. Without limiting the scope and nature
     of each Revolving Lender's participation in any Letter of Credit, to the
     extent that the Issuing Lender has not been reimbursed as required
     hereunder or under any LOC Document, each such Revolving Lender shall pay
     to the Issuing Lender its Revolving Commitment Percentage of such
     unreimbursed drawing pursuant to and in accordance with the provisions of
     subsection (d) hereof. The obligation of each Revolving Lender to so
     reimburse the Issuing Lender shall be absolute and unconditional and shall
     not be affected by the occurrence of a Default, an Event of Default or any
     other occurrence or event. Any such reimbursement shall not relieve or
     otherwise impair the obligation of the Borrower to reimburse the Issuing
     Lender under any Letter of Credit, together with interest as hereinafter
     provided.

          (d) Reimbursement. In the event of any drawing under any Letter of
     Credit, the Issuing Lender will promptly notify the Borrower and the
     Administrative Agent. The Borrower shall reimburse the Issuing Lender on
     the day of drawing under any Letter of Credit (either with the proceeds of
     a Revolving Loan obtained hereunder or otherwise) in same day funds as
     provided herein or in the LOC Documents. If the Borrower shall fail to
     reimburse the Issuing Lender as provided herein, the unreimbursed amount of
     such drawing shall bear interest at a per annum rate equal to the ABR
     Default Rate. Unless the Borrower shall immediately notify the Issuing
     Lender and the Administrative Agent of its intent to otherwise reimburse
     the Issuing Lender, the Borrower shall be deemed to have requested a
     Mandatory LOC Borrowing in the amount of the drawing as provided in
     subsection (e) hereof, the proceeds of which will be used to satisfy the
     Reimbursement Obligations. Without waiving the Borrower's right to later
     assert (by separate and independent action and not by way of setoff) any
     claims that it may have, the Borrower's Reimbursement Obligations hereunder
     shall be absolute and unconditional under all circumstances irrespective of
     any rights of set-off, counterclaim or defense to payment the Borrower may
     claim or have against the Issuing Lender, the Administrative Agent, the
     Lenders, the beneficiary of the Letter of Credit drawn upon or any other
     Person, including without limitation any defense based on any failure of
     the Borrower to receive consideration or the legality, validity, regularity
     or unenforceability of the Letter of Credit. The Issuing Lender will
     promptly notify the other Revolving Lenders of the amount of any
     unreimbursed drawing and each Revolving Lender shall promptly pay to the
     Administrative Agent for the account of the Issuing Lender, in Dollars and
     in immediately available funds, the amount of such Revolving Lender's
     Revolving Commitment Percentage of such unreimbursed drawing. Such payment
     shall be made on the day such notice is received by such Revolving Lender
     from the Issuing Lender if such

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<PAGE>

     notice is received at or before 2:00 P.M., otherwise such payment shall be
     made at or before 12:00 Noon on the Business Day next succeeding the day
     such notice is received. If such Revolving Lender does not pay such amount
     to the Issuing Lender in full upon such request, such Revolving Lender
     shall, on demand, pay to the Administrative Agent for the account of the
     Issuing Lender interest on the unpaid amount during the period from the
     date of such drawing until such Revolving Lender pays such amount to the
     Issuing Lender in full at a rate per annum equal to, if paid within two (2)
     Business Days of the date of drawing, the Federal Funds Effective Rate and
     thereafter at a rate equal to the Alternate Base Rate. Each Revolving
     Lender's obligation to make such payment to the Issuing Lender, and the
     right of the Issuing Lender to receive the same, shall be absolute and
     unconditional, shall not be affected by any circumstance whatsoever and
     without regard to the termination of this Credit Agreement or the
     Commitments hereunder, the existence of a Default or Event of Default or
     the acceleration of the Credit Party Obligations hereunder and shall be
     made without any offset, abatement, withholding or reduction whatsoever.

          (e) Repayment with Revolving Loans. On any day on which the Borrower
     shall have requested, or been deemed to have requested, a Revolving Loan to
     reimburse a drawing under a Letter of Credit, the Administrative Agent
     shall give notice to the Revolving Lenders that a Revolving Loan has been
     requested or deemed requested in connection with a drawing under a Letter
     of Credit, in which case a Revolving Loan borrowing consisting of an
     Alternate Base Rate Loan (each such borrowing, a "Mandatory LOC Borrowing")
     shall be made (without giving effect to any termination of the Commitments
     pursuant to Section 7.2) pro rata based on each Revolving Lender's
     respective Revolving Commitment Percentage (determined before giving effect
     to any termination of the Commitments pursuant to Section 7.2) and the
     proceeds thereof shall be paid directly to the Issuing Lender for
     application to the respective LOC Obligations. Each Revolving Lender hereby
     irrevocably agrees to make such Revolving Loans on the day such notice is
     received by the Revolving Lenders from the Administrative Agent if such
     notice is received at or before 2:00 P.M., otherwise such payment shall be
     made at or before 12:00 Noon on the Business Day next succeeding the day
     such notice is received, in each case notwithstanding (i) the amount of the
     Mandatory LOC Borrowing may not comply with the minimum amount (or integral
     amount in excess thereof) for borrowings of Revolving Loans otherwise
     required hereunder, (ii) whether any conditions specified in Section 4.2
     are then satisfied, (iii) whether a Default or an Event of Default then
     exists, (iv) failure for any such request or deemed request for Revolving
     Loan to be made by the time otherwise required in Section 2.1(b), (v) the
     date of such Mandatory LOC Borrowing, or (vi) any reduction in the
     Revolving Committed Amount after any such Letter of Credit may have been
     drawn upon. In the event that any Mandatory LOC Borrowing cannot for any
     reason be made on the date otherwise required above (including, without
     limitation, as a result of the occurrence of a Bankruptcy Event), then each
     such Revolving Lender hereby agrees that it shall forthwith fund (as of the
     date the Mandatory LOC Borrowing would otherwise have occurred, but
     adjusted for any payments received from the Borrower on or after such date
     and prior to such purchase) its Participation Interests in the outstanding
     LOC Obligations; provided, further, that in the event any Revolving Lender
     shall fail to fund its Participation Interest

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<PAGE>

     on the day the Mandatory LOC Borrowing would otherwise have occurred, then
     the amount of such Revolving Lender's unfunded Participation Interest
     therein shall bear interest payable by such Revolving Lender to the Issuing
     Lender upon demand, at the rate equal to, if paid within two (2) Business
     Days of such date, the Federal Funds Effective Rate, and thereafter at a
     rate equal to the Alternate Base Rate.

          (f) Modification, Extension. The issuance of any supplement,
     modification, amendment, renewal, or extension to any Letter of Credit
     shall, for purposes hereof, be treated in all respects the same as the
     issuance of a new Letter of Credit hereunder.

          (g) ISP98 and UCP. Unless otherwise expressly agreed by the Issuing
     Lender and the Borrower, when a Letter of Credit is issued, (i) the rules
     of the "International Standby Practices 1998," as most recently published
     by the Institute of International Banking Law & Practice at the time of
     issuance shall apply to each standby Letter of Credit, and (ii) the rules
     of The Uniform Customs and Practice for Documentary Credits, as most
     recently published by the International Chamber of Commerce at the time of
     issuance, shall apply to each commercial Letter of Credit.

          (h) Conflict with LOC Documents. In the event of any conflict between
     this Credit Agreement and any LOC Document (including any letter of credit
     application and any LOC Documents relating to the Existing Letters of
     Credit), this Credit Agreement shall control.

          (i) Designation of Subsidiaries as Account Parties. Notwithstanding
     anything to the contrary set forth in this Credit Agreement, including
     without limitation Section 2.3(a), a Letter of Credit issued hereunder may
     contain a statement to the effect that such Letter of Credit is issued for
     the account of a Subsidiary of the Borrower; provided that, notwithstanding
     such statement, the Borrower shall be the actual account party for all
     purposes of this Credit Agreement for such Letter of Credit and such
     statement shall not affect the Borrower's Reimbursement Obligations
     hereunder with respect to such Letter of Credit.

     SECTION 2.4 SWINGLINE LOAN SUBFACILITY.

          (a) Swingline Commitment. During the Commitment Period, subject to the
     terms and conditions hereof, the Swingline Lender, in its individual
     capacity, agrees to make certain revolving credit loans to the Borrower
     (each a "Swingline Loan" and, collectively, the "Swingline Loans") for the
     purposes hereinafter set forth; provided, however, (i) the aggregate amount
     of Swingline Loans outstanding at any time shall not exceed FIFTEEN MILLION
     DOLLARS ($15,000,000) (the "Swingline Committed Amount"), and (ii) the sum
     of the aggregate principal amount of outstanding Revolving Loans plus
     outstanding Swingline Loans plus outstanding LOC Obligations shall not
     exceed the Revolving Committed Amount. Swingline Loans hereunder may be
     repaid and reborrowed in accordance with the provisions hereof.

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<PAGE>

          (b) Swingline Loan Borrowings.

               (i) Notice of Borrowing and Disbursement. Upon receiving a Notice
          of Borrowing from the Borrower not later than 11:00 A.M. on any
          Business Day requesting that a Swingline Loan be made, the Swingline
          Lender will make Swingline Loans available to the Borrower on the same
          Business Day. Swingline Loan borrowings hereunder shall be made in
          minimum amounts of $500,000 and in integral amounts of $100,000 in
          excess thereof.

               (ii) Repayment of Swingline Loans. Each Swingline Loan borrowing
          shall be due and payable on the Maturity Date. The Swingline Lender
          may, at any time, in its sole discretion, by written notice to the
          Borrower and the Administrative Agent, demand repayment of its
          Swingline Loans by way of a Revolving Loan borrowing, in which case
          the Borrower shall be deemed to have requested a Revolving Loan
          borrowing consisting of an Alternate Base Rate Loan in the amount of
          such Swingline Loans; provided, however, that, in the following
          circumstances, any such demand shall also be deemed to have been given
          one Business Day prior to each of (A) the Maturity Date, (B) the
          occurrence of any Bankruptcy Event, (C) upon acceleration of the
          Credit Party Obligations hereunder, whether on account of a Bankruptcy
          Event or any other Event of Default, and (D) the exercise of remedies
          in accordance with the provisions of Section 7.2 hereof (each such
          Revolving Loan borrowing made on account of any such deemed request
          therefor as provided herein being hereinafter referred to as a
          "Mandatory Swingline Borrowing"). Each Revolving Lender hereby
          irrevocably agrees to make such Revolving Loans promptly upon any such
          request or deemed request on account of each Mandatory Swingline
          Borrowing in the amount and in the manner specified in the preceding
          sentence on the date such notice is received by the Revolving Lenders
          from the Administrative Agent if such notice is received at or before
          2:00 P.M., otherwise such payment shall be made at or before 12:00
          Noon on the Business Day next succeeding the date such notice is
          received notwithstanding (1) the amount of Mandatory Swingline
          Borrowing may not comply with the minimum amount for borrowings of
          Revolving Loans otherwise required hereunder, (2) whether any
          conditions specified in Section 4.2 are then satisfied, (3) whether a
          Default or an Event of Default then exists, (4) failure of any such
          request or deemed request for Revolving Loans to be made by the time
          otherwise required in Section 2.1(b)(i), (5) the date of such
          Mandatory Swingline Borrowing, or (6) any reduction in the Revolving
          Committed Amount or termination of the Revolving Commitments
          immediately prior to such Mandatory Swingline Borrowing or
          contemporaneously therewith. In the event that any Mandatory Swingline
          Borrowing cannot for any reason be made on the date otherwise required
          above (including, without limitation, as a result of the commencement
          of a proceeding under the Bankruptcy Code), then each Revolving Lender
          hereby agrees that it shall forthwith purchase (as of the date the
          Mandatory Swingline Borrowing would otherwise have occurred, but
          adjusted for any payments received from the Borrower on or after such
          date and prior to such purchase) from the Swingline Lender such
          participations in the outstanding

                                       37

<PAGE>

          Swingline Loans as shall be necessary to cause each such Revolving
          Lender to share in such Swingline Loans ratably based upon its
          respective Revolving Commitment Percentage (determined before giving
          effect to any termination of the Commitments pursuant to Section 7.2);
          provided that (x) all interest payable on the Swingline Loans shall be
          for the account of the Swingline Lender until the date as of which the
          respective participation is purchased, and (y) at the time any
          purchase of participations pursuant to this sentence is actually made,
          the purchasing Revolving Lender shall be required to pay to the
          Swingline Lender interest on the principal amount of such
          participation purchased for each day from and including the day upon
          which the Mandatory Swingline Borrowing would otherwise have occurred
          to but excluding the date of payment for such participation, at the
          rate equal to, if paid within two (2) Business Days of the date of the
          Mandatory Swingline Borrowing, the Federal Funds Effective Rate, and
          thereafter at a rate equal to the Alternate Base Rate.

          (c) Interest on Swingline Loans. Subject to the provisions of Section
     2.9(b), Swingline Loans shall bear interest at a per annum rate equal to
     the Alternate Base Rate plus the Applicable Percentage for Revolving Loans
     that are Alternate Base Rate Loans. Interest on Swingline Loans shall be
     payable in arrears on each Interest Payment Date.

          (d) Swingline Note. The Swingline Loans shall be evidenced by a duly
     executed promissory note of the Borrower to the Swingline Lender in the
     original amount of the Swingline Committed Amount and substantially in the
     form of Schedule 2.4(d).

     SECTION 2.5 INCREMENTAL FACILITY.

     Subject to the terms and conditions set forth herein, the Borrower shall
have the right, at any time and from time to time during the Commitment Period
(but not to exceed two (2) increases in the aggregate), to incur additional
Indebtedness under this Credit Agreement in the form of an increase to the
Revolving Committed Amount (each an "Incremental Facility") by an aggregate
amount of up to $35,000,000. The following terms and conditions shall apply to
each Incremental Facility: (a) the loans made under any such Incremental
Facility (each an "Additional Loan") shall constitute Credit Party Obligations
and will be secured and guaranteed with the other Credit Party Obligations on a
pari passu basis, (b) any such Additional Loans shall have the same terms
(including interest rate and maturity date) as the existing Revolving Loans and
shall be considered Revolving Loans hereunder, (c) any such Incremental Facility
shall be entitled to the same voting rights as the existing Revolving Loans and
shall be entitled to receive proceeds of prepayments on the same basis as the
existing Revolving Loans, (d) any such Incremental Facility shall be obtained
from existing Lenders or from other banks, financial institutions or investment
funds, in each case in accordance with the terms set forth below, (e) any such
Incremental Facility shall be in a minimum principal amount of $15,000,000 and
integral multiples of $2,500,000 in excess thereof, (f) the proceeds of any
Additional Loan will be used for the purposes set forth in Section 3.11, (g) the
Borrower shall execute such promissory notes as are necessary to reflect the
Additional Loans under any such Incremental Facility, (h) before any Additional
Loans are made, the conditions to Extensions of Credit in Section 4.2 shall have
been satisfied and (i) the Administrative Agent shall have received from

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<PAGE>

the Borrower updated financial projections and an officer's certificate, in each
case in form and substance satisfactory to the Administrative Agent,
demonstrating that, (A) after giving effect to any such Incremental Facility on
a pro forma basis, the Credit Parties will be in compliance with the financial
covenants set forth in Section 5.9 and (B) if the full amount of the Revolving
Committed Amount (after giving effect to the Incremental Facility) were drawn by
the Borrower, the Credit Parties would be in compliance with all financial
covenants under the Subordinated Note Documents and the Senior Note Purchase
Documents. Participation in the Incremental Facility shall be offered first to
each of the existing Lenders, but each such Lender shall have no obligation to
provide all or any portion of the Incremental Facility. If the amount of the
Incremental Facility requested by the Borrower shall exceed the commitments
which the existing Lenders are willing to provide with respect to such
Incremental Facility, then the Borrower may invite other banks, financial
institutions and investment funds reasonably acceptable to the Administrative
Agent to join this Credit Agreement as Lenders hereunder for the portion of such
Incremental Facility not taken by existing Lenders, provided that such other
banks, financial institutions and investment funds shall enter into such joinder
or other agreements to give effect thereto as the Administrative Agent and the
Borrower may reasonably request. The Administrative Agent is authorized to enter
into, on behalf of the Lenders, any amendment to this Credit Agreement or any
other Credit Document as may be necessary to incorporate the terms of any new
Incremental Facility therein.

     SECTION 2.6 FEES.

          (a) Commitment Fee. In consideration of the Revolving Commitments, the
     Borrower agrees to pay to the Administrative Agent, for the ratable benefit
     of the Revolving Lenders, a commitment fee (the "Commitment Fee") in an
     amount equal to the Applicable Percentage per annum on the average daily
     unused amount of the Revolving Committed Amount. For purposes of
     computation of the Commitment Fee, LOC Obligations shall be considered
     usage of the Revolving Committed Amount but Swingline Loans shall not be
     considered usage of the Revolving Committed Amount. The Commitment Fee
     shall be payable quarterly in arrears on the last Business Day of each
     calendar quarter.

          (b) Letter of Credit Fee. In consideration of the LOC Commitments, the
     Borrower agrees to pay to the Administrative Agent, for the ratable benefit
     of the Revolving Lenders, a fee (the "Letter of Credit Fee") equal to the
     Applicable Percentage for Revolving Loans that are LIBOR Rate Loans per
     annum on the average daily maximum amount available to be drawn under each
     Letter of Credit from the date of issuance to the date of expiration. The
     Letter of Credit Fee shall be payable quarterly in arrears on the last
     Business Day of each calendar quarter.

          (c) Issuing Lender Fees. In addition to the Letter of Credit Fees
     payable pursuant to subsection (b) hereof, the Borrower shall pay to the
     Issuing Lender for its own account without sharing by the other Lenders the
     reasonable and customary charges from time to time of the Issuing Lender
     with respect to the amendment, transfer, administration, cancellation and
     conversion of, and drawings under, such Letters of Credit (collectively,
     the "Issuing Lender Fees"). The Issuing Lender may charge, and

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<PAGE>

     retain for its own account without sharing by the other Lenders, an
     additional facing fee (the "Letter of Credit Facing Fee") of one-eighth of
     one percent (0.125%) per annum on the average daily maximum amount
     available to be drawn under each such Letter of Credit issued by it. The
     Issuing Lender Fees and the Letter of Credit Facing Fee shall be payable
     quarterly in arrears on the last Business Day of each calendar quarter.

          (d) Administrative Fee. The Borrower agrees to pay to the
     Administrative Agent the annual administrative fee as described in the
     Engagement Letter.

     SECTION 2.7 COMMITMENT REDUCTIONS.

          (a) Voluntary Reductions. The Borrower shall have the right to
     terminate or permanently reduce the unused portion of the Revolving
     Committed Amount at any time or from time to time upon not less than five
     (5) Business Days' prior written notice to the Administrative Agent (which
     shall notify the Lenders thereof as soon as practicable) of each such
     termination or reduction, which notice shall specify the effective date
     thereof and the amount of any such reduction which shall be in a minimum
     amount of $10,000,000 or a whole multiple of $5,000,000 in excess thereof
     and shall be irrevocable and effective upon receipt by the Administrative
     Agent; provided that no such reduction or termination shall be permitted if
     after giving effect thereto, and to any prepayments of the Revolving Loans
     made on the effective date thereof, the sum of the aggregate principal
     amount of outstanding Revolving Loans plus outstanding Swingline Loans plus
     outstanding LOC Obligations would exceed the Revolving Committed Amount
     then in effect.

          (b) Swingline Committed Amount. If the Revolving Committed Amount is
     reduced pursuant to Section 2.7(a) below the then current Swingline
     Committed Amount, the Swingline Committed Amount shall automatically be
     reduced by an amount such that the Swingline Committed Amount equals the
     Revolving Committed Amount.

          (c) Maturity Date. The Revolving Commitments, the Swingline Commitment
     and the LOC Commitment shall automatically terminate on the Maturity Date.

     SECTION 2.8 PREPAYMENTS.

          (a) Optional Prepayments. The Borrower shall have the right to repay
     Loans in whole or in part from time to time; provided, however, that each
     partial repayment of a Revolving Loan shall be in a minimum principal
     amount of $2,000,000 and integral multiples of $1,000,000 in excess thereof
     (or the remaining outstanding principal amount), and each partial repayment
     of a Swingline Loan shall be in a minimum principal amount of $250,000 and
     integral multiples of $50,000 in excess thereof (or the remaining
     outstanding principal amount). In the event of such optional repayment, the
     Borrower shall give five (5) Business Days' irrevocable notice in the case
     of LIBOR Rate Loans and five (5) Business Days' irrevocable notice in the
     case of Alternate Base Rate Loans, to the Administrative Agent (which shall
     notify the Lenders thereof as soon as practicable). All prepayments under
     this Section 2.8(a) shall be subject to Section 2.17,

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<PAGE>

     but otherwise without premium or penalty. Interest on the principal amount
     prepaid shall be payable on the next occurring Interest Payment Date that
     would have occurred had such loan not been prepaid or, at the request of
     the Administrative Agent, interest on the principal amount prepaid shall be
     payable on any date that a prepayment is made hereunder through the date of
     prepayment. Amounts prepaid on the Revolving Loans and the Swingline Loans
     may be reborrowed in accordance with the terms hereof.

          (b) Mandatory Prepayments.

               (i) Revolving Committed Amount. If at any time the sum of the
          outstanding Revolving Loans plus outstanding Swingline Loans plus LOC
          Obligations shall exceed the Revolving Committed Amount, the Borrower
          shall immediately prepay the Loans and/or cash collateralize the LOC
          Obligations in an amount sufficient to eliminate such excess (such
          prepayment to be applied as set forth in clause (v) below).

               (ii) Asset Dispositions. To the extent of Net Cash Proceeds in
          excess of $250,000 received in connection with an Asset Disposition
          which are not used to purchase or otherwise reinvest in similar assets
          (or, in the case of real estate, reinvested in assets useful in the
          operation of the business of the Borrower and its Subsidiaries in the
          aggregate) within 365 days of such Net Cash Proceeds, immediately
          following the expiration of such period, the Borrower shall prepay the
          Loans (to the extent there are Loans outstanding) without a
          corresponding permanent reduction in the Revolving Committed Amount in
          an aggregate amount equal to one hundred percent (100%) of such Net
          Cash Proceeds (such prepayment to be applied as set forth in clause
          (v) below).

               (iii) Issuances. Immediately upon receipt by any Credit Party or
          any Subsidiary of a Credit Party of Net Cash Proceeds from any Debt
          Issuance, the Borrower shall prepay the Loans (to the extent there are
          Loans outstanding) with a corresponding permanent reduction in the
          Revolving Committed Amount in an aggregate amount equal to one hundred
          percent (100%) of the Net Cash Proceeds of such Debt Issuance (such
          prepayment to be applied as set forth in clause (v) below). The
          Borrower shall not be required to prepay the Loans or reduce the
          Revolving Committed Amount with the proceeds of a Debt Issuance
          approved by the Administrative Agent in writing that is consummated
          for the sole purpose of raising funds to finance Permitted
          Acquisitions or certain capital expenditures or to refinance certain
          existing Indebtedness (to the extent permitted hereunder), to the
          extent that the proceeds are actually used for such Permitted
          Acquisition, capital expenditures or refinancing.

               (iv) Recovery Event. To the extent of Net Cash Proceeds in excess
          of $500,000 received in connection with any Recovery Event which are
          not used to repair or replace the assets subject to such Recovery
          Event within 365 days of the receipt of such Net Cash Proceeds,
          immediately following the expiration of such period, the Borrower
          shall prepay the Loans (to the extent there are Loans

                                       41

<PAGE>

          outstanding) without a corresponding permanent reduction in the
          Revolving Committed Amount in an aggregate amount equal to one hundred
          percent (100%) of such Net Cash Proceeds not so used (such prepayment
          to be applied as set forth in clause (v) below).

               (v) Application of Mandatory Prepayments. All amounts required to
          be paid pursuant to this Section 2.8(b) shall be applied first to the
          outstanding Swingline Loans and second to the outstanding Revolving
          Loans. Within the parameters of the foregoing application, prepayments
          shall be applied first to Alternate Base Rate Loans and then to LIBOR
          Rate Loans in direct order of Interest Period maturities. All
          prepayments under this Section 2.8(b) shall be subject to Section 2.17
          and be accompanied by interest on the principal amount prepaid through
          the date of prepayment.

               (c) Hedging Obligations Unaffected. Any repayment or prepayment
          made pursuant to this Section 2.8 shall not affect the Borrower's
          obligation to continue to make payments under any Secured Hedging
          Agreement, which shall remain in full force and effect notwithstanding
          such repayment or prepayment, subject to the terms of such Secured
          Hedging Agreement.

     SECTION 2.9 DEFAULT RATE AND PAYMENT DATES.

          Upon the occurrence, and during the continuance, of an Event of
     Default, at the discretion of the Required Lenders, the principal of and,
     to the extent permitted by law, interest on the Loans and any other amounts
     owing hereunder or under the other Credit Documents shall bear interest,
     payable on demand, at a per annum rate 2% greater than the rate which would
     otherwise be applicable (or if no rate is applicable, whether in respect of
     interest, fees or other amounts, then the Alternate Base Rate plus the
     Applicable Percentage for Alternate Base Rate Revolving Loans plus 2% (the
     "ABR Default Rate")).

     SECTION 2.10 CONVERSION OPTIONS.

          (a) The Borrower may, in the case of Revolving Loans, elect from time
     to time to convert all or any portion of any Alternate Base Rate Loan to a
     LIBOR Rate Loan, by delivering a Notice of Conversion/Extension to the
     Administrative Agent at least three (3) Business Days prior to the proposed
     date of conversion. In addition, the Borrower may elect from time to time
     to convert all or any portion of a LIBOR Rate Loan to an Alternate Base
     Rate Loan by giving the Administrative Agent irrevocable written notice
     thereof by 11:00 A.M. one (1) Business Day prior to the proposed date of
     conversion. If the date upon which an Alternate Base Rate Loan is to be
     converted to a LIBOR Rate Loan is not a Business Day, then such conversion
     shall be made on the next succeeding Business Day and during the period
     from such last day of an Interest Period to such succeeding Business Day
     such Loan shall bear interest as if it were an Alternate Base Rate Loan.
     LIBOR Rate Loans may only be converted to Alternate Base Rate Loans on the
     last day of the applicable Interest Period. If the date upon which a LIBOR

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<PAGE>

     Rate Loan is to be converted to an Alternate Base Rate Loan is not a
     Business Day, then such conversion shall be made on the next succeeding
     Business Day and during the period from such last day of an Interest Period
     to such succeeding Business Day such Loan shall bear interest as if it were
     an Alternate Base Rate Loan. All or any part of outstanding Alternate Base
     Rate Loans may be converted as provided herein; provided that (i) no Loan
     may be converted into a LIBOR Rate Loan when any Default or Event of
     Default has occurred and is continuing and (ii) partial conversions shall
     be in an aggregate principal amount of $500,000 or a whole multiple of
     $100,000 in excess thereof. All or any part of outstanding LIBOR Rate Loans
     may be converted as provided herein; provided that partial conversions
     shall be in an aggregate principal amount of $500,000 or a whole multiple
     of $100,000 in excess thereof.

          (b) Any LIBOR Rate Loans may be continued as such upon the expiration
     of an Interest Period with respect thereto by compliance by the Borrower
     with the notice provisions contained in Section 2.10(a); provided, that no
     LIBOR Rate Loan may be continued as such when any Default or Event of
     Default has occurred and is continuing, in which case such Loan shall be
     automatically converted to an Alternate Base Rate Loan at the end of the
     applicable Interest Period with respect thereto. If the Borrower shall fail
     to give timely notice of an election to continue a LIBOR Rate Loan, or the
     continuation of LIBOR Rate Loans is not permitted hereunder, such LIBOR
     Rate Loans shall be automatically converted to Alternate Base Rate Loans at
     the end of the applicable Interest Period with respect thereto.

     SECTION 2.11 COMPUTATION OF INTEREST AND FEES; USURY.

          (a) Interest payable hereunder with respect to any Alternate Base Rate
     Loan based on the Prime Rate shall be calculated on the basis of a year of
     365 days (or 366 days, as applicable) for the actual days elapsed. All
     other interest, fees and all other amounts payable hereunder shall be
     calculated on the basis of a 360 day year for the actual days elapsed. The
     Administrative Agent shall as soon as practicable notify the Borrower and
     the Lenders of each determination of a LIBOR Rate on the Business Day of
     the determination thereof. Any change in the interest rate on a Loan
     resulting from a change in the Alternate Base Rate shall become effective
     as of the opening of business on the day on which such change in the
     Alternate Base Rate shall become effective. The Administrative Agent shall
     as soon as practicable notify the Borrower and the Lenders of the effective
     date and the amount of each such change.

          (b) Each determination of an interest rate by the Administrative Agent
     pursuant to any provision of this Credit Agreement shall be presumed
     correct and binding on the Borrower and the Lenders in the absence of
     demonstrable error. The Administrative Agent shall, at the request of the
     Borrower, deliver to the Borrower a statement showing the computations used
     by the Administrative Agent in determining any interest rate.

          (c) It is the intent of the Lenders and the Credit Parties to conform
     to and contract in strict compliance with applicable usury law from time to
     time in effect. All

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     agreements between the Lenders and the Credit Parties are hereby limited by
     the provisions of this subsection which shall override and control all such
     agreements, whether now existing or hereafter arising and whether written
     or oral. In no way, nor in any event or contingency (including but not
     limited to prepayment or acceleration of the maturity of any Credit Party
     Obligation), shall the interest taken, reserved, contracted for, charged,
     or received under this Credit Agreement, under the Notes or otherwise,
     exceed the maximum nonusurious amount permissible under applicable law. If,
     from any possible construction of any of the Credit Documents or any other
     document, interest would otherwise be payable in excess of the maximum
     nonusurious amount, any such construction shall be subject to the
     provisions of this paragraph and such interest shall be automatically
     reduced to the maximum nonusurious amount permitted under applicable law,
     without the necessity of execution of any amendment or new document. If any
     Lender shall ever receive anything of value which is characterized as
     interest on the Loans under applicable law and which would, apart from this
     provision, be in excess of the maximum nonusurious amount, an amount equal
     to the amount which would have been excessive interest shall, without
     penalty, be applied to the reduction of the principal amount owing on the
     Loans and not to the payment of interest, or refunded to the Borrower or
     the other payor thereof if and to the extent such amount which would have
     been excessive exceeds such unpaid principal amount of the Loans. The right
     to demand payment of the Loans or any other Indebtedness evidenced by any
     of the Credit Documents does not include the right to receive any interest
     which has not otherwise accrued on the date of such demand, and the Lenders
     do not intend to charge or receive any unearned interest in the event of
     such demand. All interest paid or agreed to be paid to the Lenders with
     respect to the Loans shall, to the extent permitted by applicable law, be
     amortized, prorated, allocated, and spread throughout the full stated term
     (including any renewal or extension) of the Loans so that the amount of
     interest on account of such Indebtedness does not exceed the maximum
     nonusurious amount permitted by applicable law.

     SECTION 2.12 PRO RATA TREATMENT AND PAYMENTS.

          (a) Allocation of Payments Prior to Exercise of Remedies. Each
     borrowing of Revolving Loans and any reduction of the Revolving Commitments
     shall be made pro rata according to the respective Revolving Commitment
     Percentages of the Revolving Lenders. Unless otherwise required by the
     terms of this Credit Agreement, each payment and prepayment under this
     Credit Agreement or any Note shall be applied as the Borrower may elect, or
     if the Borrower shall make no election, first, to any fees then due and
     owing by the Borrower pursuant to Section 2.6, second, to interest then due
     and owing hereunder and under the Notes of the Borrower and, third, to
     principal then due and owing hereunder and under the Notes of the Borrower.
     Each payment on account of any fees pursuant to Section 2.6 shall be made
     pro rata in accordance with the respective amounts due and owing (except as
     to the Letter of Credit Facing Fees, the Issuing Lender Fees and the
     administrative agent fee referenced in Section 2.6(d)). Each payment (other
     than mandatory prepayments) and optional prepayment by the Borrower on
     account of principal of and interest on the Revolving Loans shall be
     applied to such Loans, as applicable, on a pro rata basis. Each mandatory
     prepayment on account of principal of

                                       44

<PAGE>

     the Loans shall be applied in accordance with Section 2.8(b). All payments
     (including prepayments) to be made by the Borrower on account of principal,
     interest and fees shall be made without defense, set-off or counterclaim
     (except as provided in Section 2.18(b)) and shall be made to the
     Administrative Agent for the account of the Lenders at the Administrative
     Agent's office specified in Section 9.2 in Dollars and in immediately
     available funds not later than 1:00 P.M. on the date when due. The
     Administrative Agent shall distribute such payments to the Lenders entitled
     thereto promptly upon receipt in like funds as received. If any payment
     hereunder (other than payments on the LIBOR Rate Loans) becomes due and
     payable on a day other than a Business Day, such payment shall be extended
     to the next succeeding Business Day, and, with respect to payments of
     principal, interest thereon shall be payable at the then applicable rate
     during such extension. If any payment on a LIBOR Rate Loan becomes due and
     payable on a day other than a Business Day, such payment date shall be
     extended to the next succeeding Business Day unless the result of such
     extension would be to extend such payment into another calendar month, in
     which event such payment shall be made on the immediately preceding
     Business Day.

          (b) Allocation of Payments After Exercise of Remedies. Notwithstanding
     any other provisions of this Credit Agreement to the contrary, upon the
     occurrence and during the continuance of an Event of Default and after the
     exercise of remedies (other than the invocation of default interest
     pursuant to Section 2.9(b)) by the Administrative Agent or the Lenders
     pursuant to Section 7.2 (or after the Commitments shall automatically
     terminate and the Loans (with accrued interest thereon) and all other
     amounts under the Credit Documents shall automatically become due and
     payable in accordance with the terms of such Section), all amounts
     collected or received by the Administrative Agent or any Lender on account
     of the Credit Party Obligations or any other amounts outstanding under any
     of the Credit Documents or in respect of the Collateral shall be paid over
     or delivered as follows (irrespective of whether the following costs,
     expenses, fees, interest, premiums, scheduled periodic payments or Credit
     Party Obligations are allowed, permitted or recognized as a claim in any
     proceeding resulting from the occurrence of a Bankruptcy Event):

               FIRST, to the payment of all reasonable out-of-pocket costs and
          expenses (including without limitation reasonable attorneys' fees) of
          the Administrative Agent in connection with enforcing the rights of
          the Lenders under the Credit Documents and any protective advances
          made by the Administrative Agent with respect to the Collateral
          pursuant to the terms of the Security Documents;

               SECOND, to the payment of any unpaid annual administrative fees
          owed to the Administrative Agent pursuant to the Engagement Letter;

               THIRD, to the payment of all reasonable out-of-pocket costs and
          expenses (including without limitation, reasonable attorneys' fees) of
          each of the Lenders in connection with enforcing its rights under the
          Credit Documents or otherwise with respect to the Credit Party
          Obligations owing to such Lender;

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<PAGE>

               FOURTH, to the payment of all of the Credit Party Obligations
          consisting of accrued fees and interest, and including, with respect
          to any Secured Hedging Agreement, any fees, premiums and scheduled
          periodic payments due under such Secured Hedging Agreement and any
          interest accrued thereon;

               FIFTH, to the payment of the outstanding principal amount of the
          Credit Party Obligations and the payment or cash collateralization of
          the outstanding LOC Obligations, and including with respect to any
          Secured Hedging Agreement, any breakage, termination or other payments
          due under such Secured Hedging Agreement and any interest accrued
          thereon;

               SIXTH, to all other Credit Party Obligations and other
          obligations which shall have become due and payable under the Credit
          Documents or otherwise and not repaid pursuant to clauses "FIRST"
          through "FIFTH" above; and

               SEVENTH, to the payment of the surplus, if any, to whoever may be
          lawfully entitled to receive such surplus.

          In carrying out the foregoing, (i) amounts received shall be applied
     in the numerical order provided until exhausted prior to application to the
     next succeeding category; (ii) each of the Lenders and Hedging Agreement
     Providers shall receive an amount equal to its pro rata share (based on the
     proportion that the then outstanding Loans and LOC Obligations held by such
     Lender bears to the aggregate then outstanding Loans and LOC Obligations)
     of amounts available to be applied pursuant to clauses "THIRD", "FOURTH",
     "FIFTH" and "SIXTH" above; and (iii) to the extent that any amounts
     available for distribution pursuant to clause "FIFTH" above are
     attributable to the issued but undrawn amount of outstanding Letters of
     Credit, such amounts shall be held by the Administrative Agent in a cash
     collateral account and applied (A) first, to reimburse the Issuing Lender
     from time to time for any drawings under such Letters of Credit and (B)
     then, following the expiration of all Letters of Credit, to all other
     obligations of the types described in clauses "FIFTH" and "SIXTH" above in
     the manner provided in this Section 2.12. Notwithstanding the foregoing
     terms of this Section 2.12, only Collateral proceeds and payments under the
     Guaranty (as opposed to ordinary course principal, interest and fee
     payments hereunder) shall be applied to obligations under any Secured
     Hedging Agreement.

     SECTION 2.13 NON-RECEIPT OF FUNDS BY THE ADMINISTRATIVE AGENT.

          (a) Unless the Administrative Agent shall have been notified in
     writing by a Lender prior to the date a Loan is to be made by such Lender
     (which notice shall be effective upon receipt) that such Lender does not
     intend to make the proceeds of such Loan available to the Administrative
     Agent, the Administrative Agent may assume that such Lender has made such
     proceeds available to the Administrative Agent on such date, and the
     Administrative Agent may in reliance upon such assumption (but shall not be
     required to) make available to the Borrower a corresponding amount. If such
     corresponding amount is not in fact made available to the Administrative
     Agent, the

                                       46

<PAGE>

     Administrative Agent shall be able to recover such corresponding amount
     from such Lender. If such Lender does not pay such corresponding amount
     forthwith upon the Administrative Agent's demand therefor, the
     Administrative Agent will promptly notify the Borrower, and the Borrower
     shall immediately pay such corresponding amount to the Administrative
     Agent. The Administrative Agent shall also be entitled to recover from the
     Lender or the Borrower, as the case may be, interest on such corresponding
     amount in respect of each day from the date such corresponding amount was
     made available by the Administrative Agent to the Borrower to the date such
     corresponding amount is recovered by the Administrative Agent at a per
     annum rate equal to (i) from the Borrower at the applicable rate for the
     applicable borrowing pursuant to the Notice of Borrowing and (ii) from a
     Lender at the Federal Funds Effective Rate.

          (b) Unless the Administrative Agent shall have been notified in
     writing by the Borrower prior to the date on which any payment is due from
     the Borrower hereunder (which notice shall be effective upon receipt) that
     the Borrower does not intend to make such payment, the Administrative Agent
     may assume that the Borrower has made such payment when due, and the
     Administrative Agent may in reliance upon such assumption (but shall not be
     required to) make available to each Lender on such payment date an amount
     equal to the portion of such assumed payment to which such Lender is
     entitled hereunder, and if the Borrower has not in fact made such payment
     to the Administrative Agent, such Lender shall, on demand, repay to the
     Administrative Agent the amount made available to such Lender. If such
     amount is repaid to the Administrative Agent on a date after the date such
     amount was made available to such Lender, such Lender shall pay to the
     Administrative Agent on demand interest on such amount in respect of each
     day from the date such amount was made available by the Administrative
     Agent to such Lender to the date such amount is recovered by the
     Administrative Agent at a per annum rate equal to the Federal Funds
     Effective Rate.

          (c) A certificate of the Administrative Agent submitted to the
     Borrower or any Lender with respect to any amount owing under this Section
     2.13 shall be presumed correct in the absence of demonstrable error.

     SECTION 2.14 INABILITY TO DETERMINE INTEREST RATE.

     Notwithstanding any other provision of this Credit Agreement, if (a) the
Administrative Agent shall reasonably determine (which determination shall be
presumed correct and binding absent demonstrable error) that, by reason of
circumstances affecting the relevant market, reasonable and adequate means do
not exist for ascertaining LIBOR for any Interest Period, or (b) the Required
Lenders shall reasonably determine (which determination shall be presumed
correct and binding absent demonstrable error) that the LIBOR Rate does not
adequately and fairly reflect the cost to such Lenders of funding LIBOR Rate
Loans that the Borrower has requested be outstanding as a LIBOR Tranche during
any Interest Period, the Administrative Agent shall forthwith give telephone
notice of such determination, confirmed in writing, to the Borrower and to the
Lenders at least two (2) Business Days prior to the first day of such Interest
Period. Unless the Borrower shall have notified the Administrative Agent upon
receipt of such telephone notice that it wishes to rescind or modify its request
regarding such LIBOR Rate

                                       47

<PAGE>

Loans, any Loans that were requested to be made as LIBOR Rate Loans shall be
made as Alternate Base Rate Loans and any Loans that were requested to be
converted into or continued as LIBOR Rate Loans shall remain as or be converted
into Alternate Base Rate Loans. Until any such notice has been withdrawn by the
Administrative Agent, no further Loans shall be made as, continued as, or
converted into, LIBOR Rate Loans for the Interest Periods so affected.

     SECTION 2.15 ILLEGALITY.

     Notwithstanding any other provision of this Credit Agreement, if the
adoption of or any change in any Requirement of Law or in the interpretation or
application thereof by the relevant Governmental Authority with respect to any
Lender made subsequent to the Closing Date shall make it unlawful for such
Lender or its LIBOR Lending Office to make or maintain LIBOR Rate Loans as
contemplated by this Credit Agreement or to obtain in the interbank eurodollar
market through its LIBOR Lending Office the funds with which to make such Loans,
(a) such Lender shall promptly notify the Administrative Agent and the Borrower
thereof, (b) the commitment of such Lender hereunder to make LIBOR Rate Loans or
continue LIBOR Rate Loans as such shall forthwith be suspended until the
Administrative Agent shall give notice that the condition or situation which
gave rise to the suspension shall no longer exist, and (c) such Lender's Loans
then outstanding as LIBOR Rate Loans, if any, shall be converted on the last day
of the Interest Period for such Loans or within such earlier period as required
by law into Alternate Base Rate Loans. The Borrower hereby agrees promptly to
pay any Lender, upon its demand, any additional amounts necessary to compensate
such Lender for actual and direct costs (but not including anticipated profits)
reasonably incurred by such Lender in making any repayment in accordance with
this Section including, but not limited to, any interest or fees payable by such
Lender to lenders of funds obtained by it in order to make or maintain its LIBOR
Rate Loans hereunder. A certificate as to any additional amounts payable
pursuant to this Section submitted by such Lender, through the Administrative
Agent, to the Borrower shall be presumed correct in the absence of demonstrable
error. Each Lender agrees to use reasonable efforts (including reasonable
efforts to change its LIBOR Lending Office) to avoid or to minimize any amounts
which may otherwise be payable pursuant to this Section; provided, however, that
such efforts shall not cause the imposition on such Lender of any additional
costs or legal or regulatory burdens as determined by such Lender to be material
in its sole discretion.

     SECTION 2.16 REQUIREMENTS OF LAW.

          (a) If the adoption of or any change in any Requirement of Law or in
     the interpretation or application thereof or compliance by any Lender with
     any request or directive (whether or not having the force of law) from any
     central bank or other Governmental Authority made subsequent to the date
     hereof:

               (i) shall subject such Lender to any tax of any kind whatsoever
          with respect to any Letter of Credit or any application relating
          thereto, any LIBOR Rate Loan made by it, or change the basis of
          taxation of payments to such Lender in respect thereof (except for
          changes in the rate of tax on the overall net income of such Lender);

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<PAGE>

               (ii) shall impose, modify or hold applicable any reserve, special
          deposit, compulsory loan or similar requirement against assets held
          by, deposits or other liabilities in or for the account of, advances,
          loans or other extensions of credit by, or any other acquisition of
          funds by, any office of such Lender which is not otherwise included in
          the determination of the LIBOR Rate hereunder; or

               (iii) shall impose on such Lender any other condition;

and the result of any of the foregoing is to increase the cost to such Lender of
making or maintaining LIBOR Rate Loans or the Letters of Credit or the
Participation Interests therein or to reduce any amount receivable hereunder or
under any Note, then, in any such case, the Credit Parties shall promptly pay
such Lender, within thirty (30) days after its demand, any additional amounts
necessary to compensate such Lender for such additional cost or reduced amount
receivable (but not including anticipated profits) which such Lender reasonably
deems to be material as determined by such Lender with respect to its LIBOR Rate
Loans or Letters of Credit. A certificate as to any additional amounts payable
pursuant to this Section submitted by such Lender, through the Administrative
Agent, to the Borrower shall be presumed correct in the absence of demonstrable
error. Each Lender agrees to use reasonable efforts (including reasonable
efforts to change its Domestic Lending Office or LIBOR Lending Office, as the
case may be) to avoid or to minimize any amounts which might otherwise be
payable pursuant to this paragraph of this Section; provided, however, that such
efforts shall not cause the imposition on such Lender of any additional costs or
legal or regulatory burdens as determined by such Lender to be material.

     (b) If any Lender shall have reasonably determined that the adoption of or
any change in any Requirement of Law regarding capital adequacy or in the
interpretation or application thereof or compliance by such Lender or any
corporation controlling such Lender with any request or directive regarding
capital adequacy (whether or not having the force of law) from any central bank
or Governmental Authority made subsequent to the date hereof does or shall have
the effect of reducing the rate of return on such Lender's or such corporation's
capital as a consequence of its obligations hereunder to a level below that
which such Lender or such corporation could have achieved but for such adoption,
change or compliance (taking into consideration such Lender's or such
corporation's policies with respect to capital adequacy) by an amount reasonably
deemed by such Lender to be material, then from time to time, within thirty (30)
days after demand by such Lender, the Credit Parties shall pay to such Lender
such additional amount as shall be certified by such Lender as being required to
compensate it for such reduction. Such a certificate as to any additional
amounts payable under this Section submitted by a Lender (which certificate
shall include a description of the basis for the computation), through the
Administrative Agent, to the Borrower shall be presumed correct in the absence
of demonstrable error.

     (c) The agreements in this Section 2.16 shall survive the termination of
this Credit Agreement and payment of all Credit Party Obligations.

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<PAGE>

          (d) Each Lender will promptly notify the Borrower and the
     Administrative Agent of any event of which it has knowledge which will
     entitle such Lender to compensation pursuant to this Section 2.16. Any
     claim by a Lender for indemnification under this Section 2.16 shall be made
     no later than ninety (90) days after such Lender becomes aware of any
     amount payable to such Lender under this Section 2.16.

     SECTION 2.17 INDEMNITY.

     The Credit Parties hereby agree to indemnify each Lender and to hold such
Lender harmless from any funding loss or expense which such Lender may sustain
or incur as a consequence of (a) default by the Borrower in payment of the
principal amount of any LIBOR Rate Loan by such Lender in accordance with the
terms hereof, (b) default by the Borrower in accepting a LIBOR Rate borrowing
after the Borrower has given such a borrowing notice in accordance with the
terms hereof, (c) default by the Borrower in making any prepayment of a LIBOR
Rate Loan after the Borrower has given such a notice of prepayment in accordance
with the terms hereof, and/or (d) the making by the Borrower of a prepayment of
a LIBOR Rate Loan, or the conversion thereof, on a day which is not the last day
of the Interest Period with respect thereto, in each case including, but not
limited to, any such loss or expense arising from interest or fees payable by
such Lender to lenders of funds obtained by it in order to maintain its LIBOR
Rate Loans hereunder. A certificate as to any additional amounts payable
pursuant to this Section submitted by any Lender, through the Administrative
Agent, to the Borrower (which certificate must be delivered to the
Administrative Agent within thirty days following such default, prepayment or
conversion) shall be presumed correct in the absence of demonstrable error. The
agreements in this Section shall survive termination of this Credit Agreement
and payment of the Credit Party Obligations; provided, that any claim by a
Lender for indemnification under this Section 2.17 shall be made no later than
ninety (90) days after such Lender becomes aware of such loss or expense.

     SECTION 2.18 TAXES.

          (a) All payments made by the Credit Parties hereunder or under any
     Note shall be, except as provided in Section 2.18(b), made free and clear
     of, and without deduction or withholding for, any present or future taxes,
     levies, imposts, duties, fees, assessments or other charges of whatever
     nature now or hereafter imposed by any Governmental Authority or by any
     political subdivision or taxing authority thereof or therein with respect
     to such payments (but excluding any tax imposed on or measured by the net
     income or profits of a Lender pursuant to the laws of the jurisdiction in
     which it is organized or the jurisdiction in which the principal office or
     applicable lending office of such Lender is located or any subdivision
     thereof or therein) and all interest, penalties or similar liabilities with
     respect thereto (all such non-excluded taxes, levies, imposts, duties,
     fees, assessments or other charges being referred to collectively as
     "Taxes"). If any Taxes are so levied or imposed, the Credit Parties agree
     to pay the full amount of such Taxes, and such additional amounts as may be
     necessary so that every payment of all amounts due by the Credit Parties
     under this Credit Agreement or under any Note, after withholding or
     deduction for or on account of any Taxes, will not be less than the amount
     provided for herein or in such Note. The Credit Parties will furnish to the

                                       50

<PAGE>

     Administrative Agent as soon as practicable after the date the payment of
     any such Taxes is due pursuant to applicable law certified copies (to the
     extent reasonably available and required by law) of tax receipts evidencing
     such payment by the Credit Parties. The Credit Parties agree to indemnify
     and hold harmless each Lender, and reimburse such Lender upon its written
     request, for the amount of any Taxes so levied or imposed and paid by such
     Lender.

          (b) Each Lender that is not a United States person (as such term is
     defined in Section 7701(a)(30) of the Code) agrees to deliver to the
     Borrower and the Administrative Agent on or prior to the Closing Date, or
     in the case of a Lender that is an assignee or transferee of an interest
     under this Credit Agreement pursuant to Section 9.6(d) (unless the
     respective Lender was already a Lender hereunder immediately prior to such
     assignment or transfer), on the date of such assignment or transfer to such
     Lender two accurate and complete original signed copies of Internal Revenue
     Service Form W-8BEN or W-8ECI (or successor forms) certifying such Lender's
     entitlement to a complete exemption from United States withholding tax with
     respect to payments to be made under this Credit Agreement and under any
     Note. In addition, each Lender agrees that it will deliver upon the
     Borrower's request updated versions of the foregoing, as applicable,
     whenever the previous certification has become obsolete or inaccurate in
     any material respect, together with such other forms as may be required in
     order to confirm or establish the entitlement of such Lender to a continued
     exemption from or reduction in United States withholding tax with respect
     to payments under this Credit Agreement and any Note. Notwithstanding
     anything to the contrary contained in Section 2.18(a), but subject to the
     immediately succeeding sentence, (i) the Borrower shall be entitled, to the
     extent it is required to do so by law, to deduct or withhold Taxes imposed
     by the United States (or any political subdivision or taxing authority
     thereof or therein) from interest, fees or other amounts payable hereunder
     for the account of any Lender which is not a United States person (as such
     term is defined in Section 7701(a)(30) of the Code) for U.S. Federal income
     tax purposes to the extent that such Lender has not provided to the
     Borrower U.S. Internal Revenue Service Forms that establish a complete
     exemption from such deduction or withholding and (ii) the Borrower shall
     not be obligated pursuant to Section 2.18(a) hereof to gross-up payments to
     be made to a Lender in respect of Taxes imposed by the United States if (A)
     such Lender has not provided to the Borrower the Internal Revenue Service
     Forms required to be provided to the Borrower pursuant to this Section
     2.18(b) or (B) in the case of a payment, other than interest, to a Lender
     described in clause (ii) above, to the extent that such Forms do not
     establish a complete exemption from withholding of such Taxes.
     Notwithstanding anything to the contrary contained in the preceding
     sentence or elsewhere in this Section 2.18, the Credit Parties agree to pay
     additional amounts and to indemnify each Lender in the manner set forth in
     Section 2.18(a) (without regard to the identity of the jurisdiction
     requiring the deduction or withholding) in respect of any amounts deducted
     or withheld by it as described in the immediately preceding sentence as a
     result of any changes after the Closing Date in any applicable law, treaty,
     governmental rule, regulation, guideline or order, or in the interpretation
     thereof, relating to the deducting or withholding of Taxes.

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<PAGE>

          (c) Each Lender agrees to use reasonable efforts (including reasonable
     efforts to change its Domestic Lending Office or LIBOR Lending Office, as
     the case may be) to avoid or to minimize any amounts which might otherwise
     be payable pursuant to this Section; provided, however, that such efforts
     shall not cause the imposition on such Lender of any additional costs or
     legal or regulatory burdens deemed by such Lender in its sole discretion to
     be material.

          (d) If the Credit Parties pay any additional amount pursuant to this
     Section 2.18 with respect to a Lender, such Lender shall use reasonable
     efforts to obtain a refund of tax or credit against its tax liabilities on
     account of such payment; provided that such Lender shall have no obligation
     to use such reasonable efforts if either (i) it is in an excess foreign tax
     credit position or (ii) it believes in good faith, in its sole discretion,
     that claiming a refund or credit would cause adverse tax consequences to
     it. In the event that such Lender receives such a refund or credit, such
     Lender shall pay to the Credit Parties an amount that such Lender
     reasonably determines is equal to the net tax benefit obtained by such
     Lender as a result of such payment by the Credit Parties. In the event that
     no refund or credit is obtained with respect to the Credit Parties'
     payments to such Lender pursuant to this Section 2.18(d), then such Lender
     shall upon request provide a certification that such Lender has not
     received a refund or credit for such payments. Nothing contained in this
     Section 2.18(d) shall require a Lender to disclose or detail the basis of
     its calculation of the amount of any tax benefit or any other amount or the
     basis of its determination referred to in the proviso to the first sentence
     of this Section 2.18(d) to the Credit Parties or any other party.

          (e) The agreements in this Section 2.18 shall survive the termination
     of this Credit Agreement and the payment of the Credit Party Obligations.

     SECTION 2.19 INDEMNIFICATION; NATURE OF ISSUING LENDER'S DUTIES.

          (a) In addition to its other obligations under Section 2.3, the Credit
     Parties hereby agree to protect, indemnify, pay and save the Issuing Lender
     harmless from and against any and all claims, demands, liabilities,
     damages, losses, costs, charges and expenses (including reasonable
     attorneys' fees) that the Issuing Lender may incur or be subject to as a
     consequence, direct or indirect, of (i) the issuance of any Letter of
     Credit or (ii) the failure of the Issuing Lender to honor a drawing under a
     Letter of Credit as a result of any act or omission, whether rightful or
     wrongful, of any present or future de jure or de facto government or
     Governmental Authority (all such acts or omissions, herein called
     "Government Acts").

          (b) As between the Credit Parties and the Issuing Lender, the Credit
     Parties shall assume all risks of the acts, omissions or misuse of any
     Letter of Credit by the beneficiary thereof. The Issuing Lender shall not
     be responsible: (i) for the form, validity, sufficiency, accuracy,
     genuineness or legal effect of any document submitted by any party in
     connection with the application for and issuance of any Letter of Credit,
     even if it should in fact prove to be in any or all respects invalid,
     insufficient, inaccurate, fraudulent or forged; (ii) for the validity or
     sufficiency of any instrument transferring or

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     assigning or purporting to transfer or assign any Letter of Credit or the
     rights or benefits thereunder or proceeds thereof, in whole or in part,
     that may prove to be invalid or ineffective for any reason; (iii) for
     failure of the beneficiary of a Letter of Credit to comply fully with
     conditions required in order to draw upon a Letter of Credit; (iv) for
     errors, omissions, interruptions or delays in transmission or delivery of
     any messages, by mail, cable, telegraph, telex or otherwise, whether or not
     they be in cipher; (v) for errors in interpretation of technical terms;
     (vi) for any loss or delay in the transmission or otherwise of any document
     required in order to make a drawing under a Letter of Credit or of the
     proceeds thereof; and (vii) for any consequences arising from causes beyond
     the control of the Issuing Lender, including, without limitation, any
     Government Acts. None of the above shall affect, impair, or prevent the
     vesting of the Issuing Lender's rights or powers hereunder. The Credit
     Parties do not waive their right to assert (by separate and independent
     action and not by way of setoff) any claim to recover amounts paid in
     accordance with this Section or in satisfaction of Reimbursement
     Obligations based on the Issuing Lender's gross negligence or willful
     misconduct.

          (c) In furtherance and extension and not in limitation of the specific
     provisions hereinabove set forth, any action taken or omitted by the
     Issuing Lender, under or in connection with any Letter of Credit or the
     related certificates, if taken or omitted in the absence of gross
     negligence or willful misconduct, shall not put the Issuing Lender under
     any resulting liability to the Credit Parties. It is the intention of the
     parties that this Credit Agreement shall be construed and applied to
     protect and indemnify the Issuing Lender against any and all risks involved
     in the issuance of the Letters of Credit, all of which risks are hereby
     assumed by the Credit Parties, including, without limitation, any and all
     risks of the acts or omissions, whether rightful or wrongful, of any
     Government Authority. The Issuing Lender shall not, in any way, be liable
     for any failure by the Issuing Lender or anyone else to pay any drawing
     under any Letter of Credit as a result of any Government Acts or any other
     cause beyond the control of the Issuing Lender.

          (d) Nothing in this Section 2.19 is intended to limit the
     Reimbursement Obligation of the Borrower contained in Section 2.3(d)
     hereof. The obligations of the Credit Parties under this Section 2.19 shall
     survive the termination of this Credit Agreement. No act or omissions of
     any current or prior beneficiary of a Letter of Credit shall in any way
     affect or impair the rights of the Issuing Lender to enforce any right,
     power or benefit under this Credit Agreement.

          (e) Notwithstanding anything to the contrary contained in this Section
     2.19 or elsewhere, the Credit Parties shall have no obligation to indemnify
     the Issuing Lender in respect of any liability incurred by the Issuing
     Lender arising out of the gross negligence or willful misconduct of the
     Issuing Lender (including action not taken by the Issuing Lender), as
     determined by a court of competent jurisdiction.

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<PAGE>

     SECTION 2.20 REPLACEMENT OF LENDERS.

     The Borrower shall be permitted to replace, with a financial institution,
any Lender (other than Wachovia) that (a) requests reimbursement for amounts
owing pursuant to Section 2.15, 2.16 or 2.18(a), or (b) is then in default of
its obligation to make Loans hereunder; provided that (i) such replacement does
not conflict with any Requirement of Law, (ii) no Event of Default shall have
occurred and be continuing at the time of such replacement, (iii) prior to any
such replacement, such Lender shall have taken no action under Section 2.15,
2.16 or 2.18(a), as applicable, so as to eliminate the continued need for
payment of amounts owing pursuant to Section 2.15, 2.16 or 2.18(a), as
applicable, (iv) the replacement financial institution shall purchase, at par,
all Loans and other amounts owing to such replaced Lender and assume all
Commitments of the replaced Lender on or prior to the date of replacement, (v)
the Borrower shall be liable to such Lender under Section 2.17 if any LIBOR Rate
Loan owing to such replaced Lender shall be purchased other than on the last day
of the Interest Period relating thereto, (vi) the replacement financial
institution, if not already a Lender, shall be reasonably satisfactory to the
Administrative Agent, (vii) the replaced Lender shall be obligated to make such
replacement in accordance with the provisions of Section 9.6 (provided that the
Borrower shall be obligated to pay the registration and processing fee referred
to therein), (viii) until such time as such replacement shall be consummated,
the Borrower shall pay all additional amounts (if any) required pursuant to
Section 2.15, 2.16 or 2.18(a), as the case may be (and thereafter, shall pay all
amounts incurred under such Sections prior to such replacement), and (ix) any
such replacement shall not be deemed to be a waiver of any rights that the
Borrower, the Administrative Agent or any other Lender shall have against the
replaced Lender. In the event the replaced Lender fails to execute the
agreements required under Section 9.6 in connection with any assignment pursuant
to this Section 2.20, the Administrative Agent may, upon two (2) Business Days
prior notice to such replaced Lender, execute such agreements on behalf of such
replaced Lender. A Lender shall not be required to be replaced if, prior
thereto, as a result of a waiver by such Lender or otherwise, the circumstances
entitling the Borrower to require such replacement cease to apply.

                                   ARTICLE III

                         REPRESENTATIONS AND WARRANTIES

     To induce the Lenders to enter into this Credit Agreement and to make the
Extensions of Credit herein provided for, the Credit Parties hereby represent
and warrant to the Administrative Agent and to each Lender that:

     SECTION 3.1 FINANCIAL CONDITION.

     The Borrower has delivered to the Administrative Agent and the Lenders (a)
balance sheets and the related statements of income and of cash flows of Belden
Inc. (as the accounting acquirer with respect to the July 15, 2004 merger
involving the Borrower and Belden Inc.) and its Subsidiaries on a consolidated
basis for the fiscal years ended December 31, 2002, December 31, 2003 and
December 31, 2004 audited by a nationally recognized independent accounting

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firm, (b) a company-prepared unaudited balance sheet and related statements of
income and cash flows for the Borrower and its Subsidiaries on a consolidated
basis for the three (3) consecutive fiscal quarters ending September 30, 2005,
(c) a company-prepared pro forma balance sheet and related statements of income
and cash flows for the Borrower and its Subsidiaries on a consolidated basis
giving effect to the initial Loans and other Extension of Credit under this
Agreement and the other transactions contemplated herein as of September 30,
2005, in form and substance reasonably satisfactory to the Arranger and the
Administrative Agent and (d) five-year projections of the Borrower and its
Subsidiaries on a consolidated basis, all in form and substance reasonably
satisfactory to the Administrative Agent and certified by the chief financial
officer of the Borrower that they fairly present the financial condition of the
Borrower and its Subsidiaries as of the dates indicated and that (i) with
respect to the audited and unaudited financial statements, they fairly present
the results of their operations and their cash flows for the periods indicated,
subject (in the case of the unaudited financial statements) to changes resulting
from audit and normal year-end adjustments, and (ii) with respect to the pro
forma balance sheet and the projections, were prepared in good faith based upon
reasonable assumptions.

     SECTION 3.2 NO CHANGE.

     Since December 31, 2004 (and, after delivery of annual audited financial
statements in accordance with Section 5.1(a) for the fiscal years ending
December 31, 2005 and December 31, 2006, from the date of such most recently
delivered annual audited financial statements) there has been no development or
event which, individually or in the aggregate, has had or could reasonably be
expected to have a Material Adverse Effect.

     SECTION 3.3 CORPORATE EXISTENCE; COMPLIANCE WITH LAW.

     Each of the Borrower and the other Credit Parties (a) is duly organized,
validly existing and in good standing under the laws of the jurisdiction of its
organization, (b) has the requisite power and authority to own and operate all
its material property, to lease the material property it operates as lessee and
to conduct the business in which it is currently engaged, (c) is duly qualified
to conduct business and in good standing under the laws of each jurisdiction
where its ownership, lease or operation of property or the conduct of its
business requires such qualification except to the extent that the failure to so
qualify or be in good standing could not, in the aggregate, reasonably be
expected to have a Material Adverse Effect and (d) is in compliance with all
Requirements of Law except to the extent that the failure to comply therewith
could not, in the aggregate, reasonably be expected to have a Material Adverse
Effect. The jurisdictions in which the Credit Parties as of the Closing Date are
organized and qualified to do business are described on Schedule 3.3.

     SECTION 3.4 CORPORATE POWER; AUTHORIZATION; ENFORCEABLE OBLIGATIONS.

     Each of the Borrower and the other Credit Parties has full power and
authority and the legal right to make, deliver and perform the Credit Documents
to which it is party and has taken all necessary corporate action to authorize
the execution, delivery and performance by it of the Credit Documents to which
it is party. No consent or authorization of, filing with, notice to or other act
by or in respect of, any Governmental Authority (except for filings under the
Securities

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<PAGE>

Exchange Act of 1934) or any other Person is required in connection with the
borrowings hereunder or with the execution, delivery or performance of any
Credit Document by the Borrower or the other Credit Parties (other than those
which have been obtained) or with the validity or enforceability of any Credit
Document against the Borrower or the other Credit Parties (except such filings
as are necessary in connection with the perfection of the Liens created by such
Credit Documents). Each Credit Document to which it is a party has been duly
executed and delivered on behalf of the Borrower or the other Credit Parties, as
the case may be. Each Credit Document to which it is a party constitutes a
legal, valid and binding obligation of the Borrower or the other Credit Parties,
as the case may be, enforceable against the Borrower or such other Credit Party,
as the case may be, in accordance with its terms, except as enforceability may
be limited by applicable bankruptcy, insolvency, reorganization, moratorium or
similar laws affecting the enforcement of creditors' rights generally and by
general equitable principles (whether enforcement is sought by proceedings in
equity or at law).

     SECTION 3.5 NO LEGAL BAR; NO DEFAULT.

     The execution, delivery and performance of the Credit Documents, the
borrowings thereunder and the use of the proceeds of the Loans will not violate
any material Requirement of Law or any material Contractual Obligation of the
Borrower or any other Credit Party (except those as to which waivers or consents
have been obtained), and will not result in, or require, the creation or
imposition of any Lien on any of its or their respective properties or revenues
pursuant to any material Requirement of Law or material Contractual Obligation
other than the Liens arising under or contemplated in connection with the Credit
Documents. Neither the Borrower nor any other Credit Party is in default under
or with respect to any of its Contractual Obligations in any respect which could
reasonably be expected to have a Material Adverse Effect. No Default or Event of
Default has occurred and is continuing.

     SECTION 3.6 NO MATERIAL LITIGATION.

     No litigation, investigation or proceeding of or before any arbitrator or
Governmental Authority is pending or, to the best knowledge of the Credit
Parties, threatened by or against any Credit Party or any Subsidiaries of the
Credit Parties or against any of its or their respective properties or revenues
(a) with respect to the Credit Documents or any Loan or any of the transactions
contemplated hereby, or (b) which could reasonably be expected to have a
Material Adverse Effect.

     SECTION 3.7 INVESTMENT COMPANY ACT; PUHCA, ETC.

     Neither the Borrower nor any other Credit Party is an "investment company",
or a company "controlled" by an "investment company", within the meaning of the
Investment Company Act of 1940, as amended. Neither the Borrower nor any other
Credit Party is subject to regulation under any federal or state statute or
regulation limiting its ability to incur the Credit Party Obligations,
including, without limitation, to the extent limiting such ability, the Public
Utility Holding Company Act of 1935, as amended, the Federal Power Act and the
Interstate Commerce Act.

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     SECTION 3.8 MARGIN REGULATIONS.

     No part of the proceeds of any Extension of Credit hereunder will be used
directly or indirectly for any purpose which violates the provisions of
Regulation T, U or X of the Board of Governors of the Federal Reserve System as
now and from time to time hereafter in effect. The Credit Parties and their
Subsidiaries (a) are not engaged, principally or as one of their important
activities, in the business of extending credit for the purpose of "purchasing"
or "carrying" "margin stock" within the respective meanings of each of such
terms under Regulation U and (b) taken as a group do not own "margin stock"
except as identified in the financial statements referred to in Section 3.1 and
the aggregate value of all "margin stock" owned by the Credit Parties and their
Subsidiaries taken as a group does not exceed 25% of the value of their assets.

     SECTION 3.9 ERISA.

     Neither a Reportable Event nor an "accumulated funding deficiency" (within
the meaning of Section 412 of the Code or Section 302 of ERISA) has occurred
during the five-year period prior to the date on which this representation is
made or deemed made with respect to any Plan, and during such period each Plan
has complied in all material respects with the applicable provisions of ERISA
and the Code, except to the extent that any such occurrence or failure to comply
would not reasonably be expected to have a Material Adverse Effect. No
termination of a Single Employer Plan has occurred resulting in any liability
that has remained underfunded, and no Lien in favor of the PBGC or a Plan has
arisen, during such five-year period which could reasonably be expected to have
a Material Adverse Effect. The present value of all accrued benefits under each
Single Employer Plan (based on those assumptions used to fund such Plans) did
not, as of the last annual valuation date prior to the date on which this
representation is made or deemed made, exceed the value of the assets of such
Plan allocable to such accrued benefits by an amount which, as determined in
accordance with GAAP, could reasonably be expected to have a Material Adverse
Effect. Neither the Borrower nor any Commonly Controlled Entity is currently
subject to any liability for a complete or partial withdrawal from a
Multiemployer Plan which could reasonably be expected to have a Material Adverse
Effect.

     SECTION 3.10 ENVIRONMENTAL MATTERS.

     Except as to matters which, either individually or in the aggregate, could
not reasonably be expected to have a Material Adverse Effect:

          (a) To the best of the Credit Parties' actual knowledge, the
     facilities and properties owned, leased or operated by the Borrower and the
     other Credit Parties or any of their Subsidiaries (the "Properties") do not
     contain any Materials of Environmental Concern in amounts or concentrations
     which (i) constitute a violation of, or (ii) could give rise to liability
     under, any Environmental Law.

          (b) To the best of the Credit Parties' actual knowledge, the
     Properties and all operations of the Borrower and the other Credit Parties
     and/or their Subsidiaries at the Properties are in compliance, and since
     the date three years prior to the Closing Date have been in compliance, in
     all material respects with all applicable Environmental Laws, and

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<PAGE>

     there is no contamination at, under or about the Properties or violation of
     any Environmental Law with respect to the Properties or the business
     operated by the Borrower and the other Credit Parties or any of their
     Subsidiaries (the "Business").

          (c) Since the date three years prior to the Closing Date, neither the
     Borrower nor any of the other Credit Parties has received any written or
     actual notice of violation, alleged violation, non-compliance, liability or
     potential liability regarding environmental matters or compliance with
     Environmental Laws with regard to any of the Properties or the Business,
     nor does the Borrower or any of the other Credit Parties nor any of their
     Subsidiaries have knowledge or reason to believe that any such notice will
     be received or is being threatened.

          (d) To the best of the Credit Parties' actual knowledge, since the
     date three years prior to the Closing Date, Materials of Environmental
     Concern have not been transported or disposed of from the Properties in
     violation of, or in a manner or to a location which could give rise to
     liability under any Environmental Law, nor have any Materials of
     Environmental Concern been generated, treated, stored or disposed of at, on
     or under any of the Properties in violation of, or in a manner that could
     give rise to liability under, any applicable Environmental Law.

          (e) No judicial proceeding or governmental or administrative action is
     pending or, to the best of the Credit Parties' actual knowledge,
     threatened, under any Environmental Law to which the Borrower or any other
     Credit Party or any Subsidiary is or will be named as a party with respect
     to the Properties or the Business, nor are there any consent decrees or
     other decrees, consent orders, administrative orders or other orders, or
     other administrative or judicial requirements outstanding under any
     Environmental Law with respect to the Properties or the Business.

          (f) To the best of the Credit Parties' actual knowledge, since the
     date three years prior to the Closing Date, there has been no release or
     threat of release of Materials of Environmental Concern at or from the
     Properties, or arising from or related to the operations of the Borrower or
     any other Credit Party or any Subsidiary in connection with the Properties
     or otherwise in connection with the Business, in violation of or in amounts
     or in a manner that could give rise to liability under Environmental Laws.

     SECTION 3.11 USE OF PROCEEDS.

     The proceeds of the Extensions of Credit shall be used by the Borrower
solely (a) to refinance certain existing Indebtedness of the Borrower and its
Subsidiaries, (b) to pay any costs, fees and expenses associated with this
Agreement on the Closing Date and (c) for working capital and other general
corporate purposes of the Borrower and its Subsidiaries (including, without
limitation, capital expenditures and Permitted Acquisitions).

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     SECTION 3.12 SUBSIDIARIES.

     Set forth on Schedule 3.12 is a complete and accurate list of all
Subsidiaries of the Credit Parties. Information on the attached Schedule
includes the following: (a) jurisdiction of incorporation; (b) the number of
shares of each class of Capital Stock or other equity interests outstanding; (c)
the number of authorized shares of each class of stock; and (d) the number and
effect, if exercised, of all outstanding options, warrants, rights of conversion
or purchase and similar rights. The outstanding Capital Stock and other equity
interests of all such Subsidiaries is validly issued, fully paid and
non-assessable and is owned, free and clear of all Liens (other than the
Permitted Liens and those Liens arising under or contemplated in connection with
the Credit Documents). The Borrower may update Schedule 3.12 from time to time
by providing a replacement Schedule 3.12 to the Administrative Agent.

     SECTION 3.13 OWNERSHIP.

     Each Credit Party and its Subsidiaries has good and transferrable title,
subject only to Permitted Liens, to its respective material assets sufficient
for the conduct of its business, or if any material asset is leased by a Credit
Party or a Subsidiary, it has a valid leasehold interest enforceable against the
lessor of such Property substantially in accordance with the terms of such
lease, and none of such material assets is subject to any Lien other than
Permitted Liens.

     SECTION 3.14 INDEBTEDNESS.

     Except as otherwise permitted under Section 6.1, the Credit Parties and
their Subsidiaries have no Indebtedness.

     SECTION 3.15 TAXES.

     Other than any return or payment with respect to which any applicable
statute of limitations has expired, each of the Credit Parties and their
Subsidiaries has filed, or caused to be filed, all tax returns (federal, state,
local and foreign) required to be filed and paid (a) all amounts of taxes shown
thereon to be due (including interest and penalties) and (b) all other taxes,
fees, assessments and other governmental charges (including mortgage recording
taxes, documentary stamp taxes and intangibles taxes) owing by it, except for
such taxes, fees, assessments and governmental charges (i) which are not yet
delinquent, (ii) that are being contested in good faith and by proper
proceedings and against which adequate reserves are being maintained in
accordance with GAAP or (iii) are immaterial or de minimus in amount. No Credit
Party is aware as of the Closing Date of any proposed tax assessments against
them or any of their Subsidiaries which could reasonably be expected to have a
Material Adverse Effect.

     SECTION 3.16 INTELLECTUAL PROPERTY RIGHTS.

     Each of the Credit Parties and their Subsidiaries owns, or has the legal
right to use, all trademarks, tradenames, copyrights, technology, know-how and
processes necessary for each of them to conduct its business as currently
conducted in all material respects. Set forth on Schedule 3.16 is a list, as of
the later of the Closing Date or the date Schedule 3.16 was most

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recently updated pursuant to Section 5.2(c)(ii), of all Intellectual Property
(excluding software and software-related licenses) that is material to the
conduct of the business of the Borrower and its Subsidiaries taken as a whole
(i) that is registered (or for which an application for registration has been
submitted) with the U.S. Patent and Trademark Office or the U.S. Copyright
Office, as applicable and (ii) that is either owned by any of the Credit Parties
and their Subsidiaries or that the Credit Parties or any of their Subsidiaries
has the right to use. Except as provided on Schedule 3.16, no claim has been
asserted and is pending by any Person challenging or questioning the use of any
such Intellectual Property or the validity or effectiveness of any such
Intellectual Property, nor do the Credit Parties or any of their Subsidiaries
know of any such claim, and, to the actual knowledge of the Responsible Officers
of the Credit Parties, the use of such Intellectual Property by the Credit
Parties or any of their Subsidiaries does not infringe on the rights of any
Person, except for such claims and infringements that in the aggregate, could
not reasonably be expected to have a Material Adverse Effect. Schedule 3.16
shall be updated quarterly by the Borrower to include new Intellectual Property
by giving written notice thereof to the Administrative Agent as required by
Section 5.2(c)(ii).

     SECTION 3.17 SOLVENCY.

     The fair saleable value of the Credit Parties' collective assets, measured
on a going concern basis, exceeds all probable liabilities including those to be
incurred pursuant to this Credit Agreement. None of the Credit Parties (a) has
unreasonably small capital in relation to the business in which it is or
proposes to be engaged or (b) has incurred, or believes that it will incur after
giving effect to the transactions contemplated by this Credit Agreement, debts
beyond its ability to pay such debts as they become due.

     SECTION 3.18 INVESTMENTS.

     All Investments of each of the Credit Parties and their Subsidiaries are
Permitted Investments.

     SECTION 3.19 LOCATION OF COLLATERAL.

     Set forth on Schedule 3.19(a) is a list of all leased or owned real
properties of the Credit Parties and any other locations where any tangible
personal property of the Credit Parties is located as of the Closing Date,
including street address, county and state where located, except in any event
for (a) locations where inventory on consignment or subject to bailment
agreements is being held, provided that the aggregate value of such inventory at
all locations does not exceed $500,000, and provided that the Credit Parties
have filed a financing statement with respect to such goods, (b) goods in
transit and (c) locations where other goods are located, provided that the
aggregate value of such goods does not exceed $100,000. Set forth on Schedule
3.19(b) is the state of incorporation or organization, the chief executive
office and the principal place of business of each of the Credit Parties as of
the Closing Date.

     SECTION 3.20 NO BURDENSOME RESTRICTIONS.

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     None of the Credit Parties or any of their Subsidiaries is a party to any
agreement or instrument or subject to any other obligation or any charter or
corporate restriction or any provision of any applicable law, rule or regulation
affecting their business which, individually or in the aggregate, could
reasonably be expected to have a Material Adverse Effect.

     SECTION 3.21 BROKERS' FEES.

     None of the Credit Parties or their Subsidiaries has any obligation as of
the Closing Date to any Person in respect of any finder's, broker's, investment
banking or other similar fee in connection with any of the transactions
contemplated under the Credit Documents other than the closing and other fees
payable pursuant to this Credit Agreement and the fees set forth in the
Engagement Letter.

     SECTION 3.22 LABOR MATTERS.

     There are no collective bargaining agreements or Multiemployer Plans
covering the employees of the Credit Parties or any of their Subsidiaries as of
the Closing Date, other than as set forth in Schedule 3.22 hereto, and none of
the Credit Parties and their Subsidiaries (a) has suffered any strikes,
walkouts, work stoppages or other labor difficulty since the date three years
prior to the Closing Date, other than as set forth in Schedule 3.22 hereto, or
(b) has knowledge of any potential or pending strike, walkout or work stoppage,
which, in the case of (a) or (b), could reasonably be expected to have a
Material Adverse Effect. Other than as set forth on Schedule 3.22, no unfair
labor practice complaint is pending against any Credit Party or any of its
Subsidiaries as of the Closing Date which could reasonably be expected to have a
Material Adverse Effect.

     SECTION 3.23 ACCURACY AND COMPLETENESS OF INFORMATION.

     All factual information heretofore, contemporaneously or hereafter
furnished by or on behalf of any Credit Party or any of its Subsidiaries to the
Administrative Agent, the Arranger or any Lender for purposes of or in
connection with this Credit Agreement or any other Credit Document, or any
transaction contemplated hereby or thereby, is or will be true and accurate in
all material respects and not incomplete by omitting to state any material fact
necessary to make such information not misleading. To the actual knowledge of
the Responsible Officers of the Credit Parties, the Credit Parties have
disclosed to the Administrative Agent in writing any and all facts which could
reasonably be expected to cause a Material Adverse Effect.

     SECTION 3.24 MATERIAL CONTRACTS.

     Schedule 3.24 sets forth a complete and accurate list of all Material
Contracts of the Credit Parties and their Subsidiaries in effect as of the
Closing Date. Other than as set forth in Schedule 3.24, each such Material
Contract is, and after giving effect to the Transactions will be, in full force
and effect in all material respects. The Credit Parties and their Subsidiaries
have made available to the Administrative Agent a true and complete copy of each
Material Contract. Schedule 3.24 may be updated from time to time by the
Borrower to include new Material

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Contracts or to delete contracts that are no longer Material Contracts by giving
written notice thereof to the Administrative Agent.

     SECTION 3.25 INSURANCE.

     The insurance coverage of the Credit Parties and their Subsidiaries as of
the Closing Date is outlined as to carrier, policy number, expiration date, type
and amount on Schedule 3.25 and such insurance coverage complies with the
requirements set forth in Section 5.5(b).

     SECTION 3.26 SECURITY DOCUMENTS.

     The Security Documents create valid security interests in, and Liens on,
the Collateral purported to be covered thereby. Except as set forth in the
Security Documents, such security interests and Liens in the Perfection
Collateral are currently (or will be, upon the filing of appropriate financing
statements in favor of the Administrative Agent, on behalf of the Secured
Parties, and upon the Administrative Agent taking possession or obtaining
Control (as defined in the Security Agreement) over those items of Collateral in
which a security interest is perfected through possession or Control) perfected
security interests and Liens, prior to all other Liens other than Permitted
Liens.

     SECTION 3.27 CLASSIFICATION OF SENIOR INDEBTEDNESS.

     The Credit Party Obligations constitute "Senior Indebtedness" and/or
"Designated Senior Indebtedness" under and as defined in the Subordinated Note
Documents, the subordination provisions therein are legally valid and
enforceable against the parties thereto and the Lenders are entitled to rely on
such subordination provisions. The Credit Party Obligations constitute "Priority
Debt" under and as defined in each of the Senior Note Purchase Agreements. The
incurrence of the Credit Party Obligations and the granting of liens on the
assets of the Credit Parties to secure the Credit Party Obligations is permitted
by the terms of the Senior Note Purchase Agreements and will not require the
granting of liens to the holders of any Senior Note.

     SECTION 3.28 ANTI-TERRORISM LAWS.

     Neither any Credit Party nor any of its Subsidiaries is an "enemy" or an
"ally of the enemy" within the meaning of Section 2 of the Trading with the
Enemy Act of the United States of America (50 U.S.C. App. Sections 1 et seq.),
as amended. To the actual knowledge of the Responsible Officers of the Credit
Parties, neither any Credit Party nor any or its Subsidiaries is in material
violation of (a) the Trading with the Enemy Act, as amended, (b) any of the
foreign assets control regulations of the United States Treasury Department (31
CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive
order relating thereto or (c) the Patriot Act (as defined in Section 9.18). None
of the Credit Parties (i) is a blocked person described in section 1 of the
Anti-Terrorism Order or (ii) to the actual knowledge of the Responsible Officers
of the Credit Parties, engages in any dealings or transactions, or is otherwise
associated, with any such blocked person.

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     SECTION 3.29 COMPLIANCE WITH OFAC RULES AND REGULATIONS.

     None of the Credit Parties or their Subsidiaries or their respective
Affiliates (a) is a Sanctioned Person, (b) has more than 15% of its assets in
Sanctioned Countries, or (c) derives more than 15% of its operating income from
investments in, or transactions with Sanctioned Persons or Sanctioned Countries.
No part of the proceeds of any Extension of Credit hereunder will knowingly be
used directly or indirectly to fund any operations in, finance any investments
or activities in or make any payments to, a Sanctioned Person or a Sanctioned
Country.

     SECTION 3.30 DIRECTORS; CAPITALIZATION.

     Set forth on Schedule 3.30 is a list of the directors of the Borrower's
board of directors as of the Closing Date. As of the Closing Date, the
capitalization of the Borrower is as set forth on Schedule 3.30.

     SECTION 3.31 COMPLIANCE WITH FCPA.

     To the actual knowledge of the Responsible Officers of the Credit Parties,
each of the Credit Parties and their Subsidiaries is in material compliance with
the Foreign Corrupt Practices Act, 15 U.S.C. Sections 78dd-1, et seq., and any
foreign counterpart thereto. To the actual knowledge of the Responsible Officers
of the Credit Parties, none of the Credit Parties and their Subsidiaries has
made a payment, offering, or promise to pay, or authorized the payment of, money
or anything of value (a) in order to assist in obtaining or retaining business
for or with, or directing business to, any foreign official, foreign political
party, party official or candidate for foreign political office, (b) to a
foreign official, foreign political party or party official or any candidate for
foreign political office, and (c) with the intent to induce the recipient to
misuse his or her official position to direct business wrongfully to such Credit
Party or its Subsidiary or to any other Person, in violation of the Foreign
Corrupt Practices Act, 15 U.S.C. Sections 78dd-1, et seq.

                                   ARTICLE IV

                              CONDITIONS PRECEDENT

     SECTION 4.1 CONDITIONS TO CLOSING DATE.

     This Credit Agreement shall become effective upon, and the obligation of
each Lender to make the initial Revolving Loans on the Closing Date is subject
to, the satisfaction or waiver by the applicable Person(s) of the following
conditions precedent:

          (a) Execution of Credit Agreement and Credit Documents. The
     Administrative Agent shall have received (i) counterparts of this Credit
     Agreement, executed by a duly authorized officer of each party hereto, (ii)
     for the account of each Lender with a Revolving Commitment requesting a
     promissory note, a Revolving Note, (iii) for the account of the Swingline
     Lender, the Swingline Note, (iv) counterparts of the Security Agreement and
     the Pledge Agreement, executed by duly authorized officers of

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     the Credit Parties thereto, and (v) counterparts of any other Credit
     Document, executed by the duly authorized officers of the parties thereto.

          (b) Authority Documents. The Administrative Agent shall have received
     the following:

               (i) Articles of Incorporation. A copy of the articles of
          incorporation of each Credit Party certified (A) by a secretary or
          assistant secretary of such Credit Party (pursuant to a secretary's
          certificate in substantially the form of Schedule 4.1(b) attached
          hereto) as of the Closing Date to be true and correct and in force and
          effect as of such date, and (B) to be true and complete as of a recent
          date by the appropriate Governmental Authority of the state of its
          incorporation.

               (ii) Resolutions. A copy of resolutions of the board of directors
          of each Credit Party approving and adopting the Credit Documents to
          which it is a party, the transactions contemplated therein and
          authorizing execution and delivery thereof, certified by a secretary
          or assistant secretary of such Credit Party (pursuant to a secretary's
          certificate in substantially the form of Schedule 4.1(b) attached
          hereto) as of the Closing Date to be true and correct and in force and
          effect as of such date.

               (iii) Bylaws. A copy of the bylaws of each Credit Party certified
          by a secretary or assistant secretary of such Credit Party (pursuant
          to a secretary's certificate in substantially the form of Schedule
          4.1(b) attached hereto) as of the Closing Date to be true and correct
          and in force and effect as of such date.

               (iv) Good Standing. A copy of certificates of good standing,
          existence or its equivalent with respect to each Credit Party
          certified as of a recent date by the appropriate Governmental
          Authorities of the state of its incorporation and each other
          jurisdiction where its ownership, lease or operation of property or
          the conduct of its business requires such qualification, except to the
          extent that the failure to so qualify and be in good standing could
          not reasonably be expected to have a Material Adverse Effect.

               (v) Incumbency. An incumbency certificate of each Credit Party
          certified by a secretary or assistant secretary (pursuant to a
          secretary's certificate in substantially the form of Schedule 4.1(b)
          attached hereto) to be true and correct as of the Closing Date.

          (c) Legal Opinions of Counsel. The Administrative Agent shall have
     received an opinion or opinions of counsel for the Credit Parties, dated
     the Closing Date and addressed to the Administrative Agent and the Lenders,
     in form and substance acceptable to the Administrative Agent (which shall
     include, without limitation, opinions with respect to the due organization
     and valid existence of each Credit Party, opinions as to perfection of the
     Liens granted to the Administrative Agent pursuant to the Security
     Documents and opinions as to the non-contravention of the Credit Parties'
     organizational

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     documents and Material Contracts, including the Senior Note Purchase
     Documents and the Subordinated Note Documents).

     (d) Personal Property Collateral. The Administrative Agent shall have
received, in form and substance satisfactory to the Administrative Agent:

          (i) (A) searches of Uniform Commercial Code filings in the
     jurisdiction of the chief executive office of each Credit Party and each
     jurisdiction where any Collateral is located or where a filing would need
     to be made in order to perfect the Lenders' security interest in the
     Perfection Collateral, copies of the financing statements on file in such
     jurisdictions and evidence that no Liens exist other than Permitted Liens
     and (B) tax lien, judgment and pending litigation searches;

          (ii) searches of ownership of Intellectual Property of the Credit
     Parties in the appropriate governmental offices in the U.S. and such
     patent/trademark/copyright filings as requested by the Administrative Agent
     in order to perfect the Administrative Agent's security interest in the
     U.S. Intellectual Property of the Credit Parties;

          (iii) completed UCC financing statements for each appropriate
     jurisdiction as is necessary, in the Administrative Agent's reasonable
     discretion, to perfect the Lenders' security interest in the Perfection
     Collateral;

          (iv) with respect to the stock or membership certificates, if any,
     evidencing the Capital Stock pledged to the Administrative Agent pursuant
     to the Pledge Agreement, duly executed in blank undated stock or transfer
     powers;

          (v) duly executed consents as are necessary, in the Administrative
     Agent's reasonable discretion, to perfect the Lenders' security interest in
     the Perfection Collateral;

          (vi) in the case of any personal property Collateral located at
     premises leased by a Credit Party, such estoppel letters, consents and
     waivers from the landlords on such real property as may be reasonably
     required by the Administrative Agent;

          (vii) copies of the Material Contracts, certified by an officer of the
     Borrower to be true and correct copies of such documents as of the Closing
     Date; and

          (viii) to the extent required hereunder, all instruments and chattel
     paper in the possession of any of the Credit Parties, together with
     allonges or assignments as may be necessary or appropriate to perfect the
     Administrative Agent's security interest in the Perfection Collateral.

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          (e) [Reserved]

          (f) Liability, Casualty, Property and Business Interruption Insurance.
     The Administrative Agent shall have received copies of insurance policies
     or certificates of insurance evidencing liability, casualty, property and
     business interruption insurance meeting the requirements set forth herein
     or in the Security Documents. The Administrative Agent shall be named as
     loss payee, mortgagee and/or additional insured, as appropriate, with
     respect to any such insurance providing liability coverage or coverage in
     respect of any Collateral, and each provider of any such insurance shall
     agree, by endorsement upon the policy or policies issued by it or by
     independent instruments furnished to the Administrative Agent, that it will
     give thirty (30) days prior written notice before any such policy or
     policies shall be altered or cancelled.

          (g) Litigation. There shall not exist any pending litigation or
     investigation affecting or relating to any Credit Party or any of its
     Subsidiaries that in the reasonable judgment of the Administrative Agent
     and Lenders could be expected to have a Material Adverse Effect, that has
     not been settled, dismissed, vacated, discharged or terminated prior to the
     Closing Date.

          (h) Solvency Certificate. The Administrative Agent shall have received
     an officer's certificate prepared by the chief financial officer of the
     Borrower as to the financial condition, solvency and related matters of the
     Credit Parties after giving effect to the initial borrowings under the
     Credit Documents, in substantially the form of Schedule 4.1(h) hereto.

          (i) Account Designation Letter. The Administrative Agent shall have
     received the executed Account Designation Letter in the form of Schedule
     1.1(a) hereto.

          (j) Notice of Borrowing. The Administrative Agent shall have received
     a Notice of Borrowing with respect to the Revolving Loans to be made on the
     Closing Date.

          (k) Corporate Structure. The number of shares of each class of Capital
     Stock issued and outstanding and the ownership thereof of the Credit
     Parties and their Subsidiaries as of the Closing Date shall be as described
     in Schedule 3.12 and Schedule 3.30.

          (l) Consents. The Administrative Agent shall have received evidence
     that all boards of directors, governmental, shareholder and material third
     party consents and approvals necessary in connection with the Transactions
     have been obtained and all applicable waiting periods have expired without
     any action being taken by any authority that could restrain, prevent or
     impose any material adverse conditions on such Transactions or that could
     seek or threaten any of the foregoing.

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          (m) Compliance with Laws. The financings and other Transactions
     contemplated hereby shall be in material compliance with all applicable
     laws and regulations (including all applicable securities and banking laws,
     rules and regulations).

          (n) Bankruptcy. There shall be no bankruptcy or insolvency proceedings
     with respect to any Credit Party or any of the Credit Parties'
     Subsidiaries.

          (o) Existing Indebtedness of the Credit Parties. All of the existing
     Indebtedness for borrowed money of the Borrower and its Subsidiaries (other
     than Indebtedness permitted to exist pursuant to Section 6.1) shall be
     repaid in full and all security interests related thereto shall be
     terminated on the Closing Date.

          (p) Financial Statements. The Administrative Agent and the Lenders
     shall have received copies of the financial statements referred to in
     Section 3.1 hereof, each in form and substance reasonably satisfactory to
     it.

          (q) No Material Adverse Change. Since December 31, 2004, there shall
     have been no change which could reasonably be expected to result in a
     Material Adverse Effect and there shall not have occurred any material
     disruption or material adverse change in the financial, banking or capital
     markets (including the loan syndication market) that has impaired the
     Arranger's ability to syndicate the facilities.

          (r) Financial Condition Certificate. The Administrative Agent shall
     have received a certificate or certificates executed by a Responsible
     Officer of the Borrower as of the Closing Date stating that (i) no action,
     suit, investigation or proceeding is pending, ongoing or, to the knowledge
     of any Credit Party, threatened in any court or before any other
     Governmental Authority that purports to affect any Credit Party or any
     transaction contemplated by the Credit Documents, which action, suit,
     investigation or proceeding could reasonably be expected to have a Material
     Adverse Effect and (ii) immediately after giving effect to this Credit
     Agreement, the other Credit Documents, and all the Transactions
     contemplated to occur on such date, (A) no Default or Event of Default
     exists, (B) all representations and warranties contained herein and in the
     other Credit Documents are true and correct in all material respects, and
     (C) the Credit Parties are in pro forma compliance with each of the initial
     financial covenants set forth in Section 5.9 (as evidenced through detailed
     calculations of such financial covenants on a schedule to such certificate)
     as of the last day of the fiscal quarter ended September 30, 2005.

          (s) Total Leverage Ratio. The Administrative Agent shall have received
     evidence that the Total Leverage Ratio of the Borrower and its Subsidiaries
     is not greater than 2.0 to 1.00, calculated on a Pro Forma Basis
     immediately after giving effect to the Transactions.

          (t) Consolidated EBITDA. The Administrative Agent shall have received
     evidence reasonably satisfactory thereto provided by the Credit Parties
     that Consolidated EBITDA is not less than $125,000,000 for the four
     consecutive quarter period ended as of September 30, 2005.

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          (u) Material Contracts. The Administrative Agent shall have received
     true and complete copies, certified by an officer of the Borrower as true
     and complete, of all Material Contracts, together with all exhibits and
     schedules and all amendments thereto.

          (v) Patriot Act Certificate. The Administrative Agent shall have
     received a certificate reasonably satisfactory thereto, for benefit of
     itself and the Lenders, provided by the Borrower that sets forth
     information required by the Patriot Act (as defined in Section 9.18)
     including, without limitation, the identity of the Borrower, the name and
     address of the Borrower and other information that will allow the
     Administrative Agent or any Lender, as applicable, to identify the Borrower
     in accordance with the Patriot Act.

          (w) Fees. The Administrative Agent and the Lenders shall have received
     all fees, if any, owing pursuant to the Engagement Letter and Section 2.6.

          (x) Senior Note Purchase Documents. The Administrative Agent shall
     have received a copy, certified by an officer of the Borrower as true and
     complete, of each Senior Note Purchase Document as originally executed and
     delivered, together with all exhibits and schedules thereto and all
     amendments thereto.

          (y) Subordinated Note Documents. The Administrative Agent shall have
     received a copy, certified by an officer of the Borrower as true and
     complete, of each Subordinated Note Document as originally executed and
     delivered, together with all exhibits and schedules thereto and all
     amendments thereto.

          (z) Additional Matters. All other documents and legal matters in
     connection with the transactions contemplated by this Credit Agreement
     shall be reasonably satisfactory in form and substance to the
     Administrative Agent and its counsel.

     SECTION 4.2 CONDITIONS TO ALL EXTENSIONS OF CREDIT.

     The obligation of each Lender to make any Extension of Credit hereunder is
subject to the satisfaction of the following conditions precedent on the date of
making such Extension of Credit:

          (a) Representations and Warranties. The representations and warranties
     made by the Credit Parties herein, in the Security Documents or which are
     contained in any certificate furnished at any time under or in connection
     herewith shall (i) with respect to representations and warranties that
     contain a materiality qualification, be true and correct and (ii) with
     respect to representations and warranties that do not contain a materiality
     qualification, be true and correct in all material respects, in each case
     on and as of the date of such Extension of Credit as if made on and as of
     such date (except for those which expressly relate to an earlier date).

          (b) No Default or Event of Default. No Default or Event of Default
     shall have occurred and be continuing on such date or after giving effect
     to the Extension of Credit

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     to be made on such date unless such Default or Event of Default shall have
     been waived in accordance with this Credit Agreement.

          (c) Compliance with Commitments. Immediately after giving effect to
     the making of any such Extension of Credit (and the application of the
     proceeds thereof), (i) the sum of the aggregate principal amount of
     outstanding Revolving Loans plus outstanding Swingline Loans plus
     outstanding LOC Obligations shall not exceed the Revolving Committed Amount
     then in effect, (ii) the LOC Obligations shall not exceed the LOC Committed
     Amount and (iii) the Swingline Loans shall not exceed the Swingline
     Committed Amount.

          (d) Additional Conditions to Revolving Loans. If a Revolving Loan is
     requested, all conditions set forth in Section 2.1 shall have been
     satisfied.

          (e) Additional Conditions to Letters of Credit. If the issuance of a
     Letter of Credit is requested, all conditions set forth in Section 2.3
     shall have been satisfied.

          (f) Additional Conditions to Swingline Loans. If a Swingline Loan is
     requested, all conditions set forth in Section 2.4 shall have been
     satisfied.

     Each request for an Extension of Credit and each acceptance by the Borrower
of any such Extension of Credit shall be deemed to constitute representations
and warranties by the Credit Parties as of the date of such Extension of Credit
that the conditions set forth above in paragraphs (a) through (f), as
applicable, have been satisfied.

                                    ARTICLE V

                              AFFIRMATIVE COVENANTS

     The Credit Parties hereby covenant and agree that on the Closing Date, and
thereafter until the Termination Date, the Credit Parties shall, and shall cause
each of their Subsidiaries (other than in the case of Sections 5.1 or 5.2
hereof), to:

     SECTION 5.1 FINANCIAL STATEMENTS.

     Furnish to the Administrative Agent and each of the Lenders:

          (a) Annual Financial Statements. As soon as available and in any event
     no later than the earlier of (i) to the extent applicable, the date the
     Borrower is required by the SEC to deliver its Form 10-K for any fiscal
     year of the Borrower and (ii) ninety (90) days after the end of each fiscal
     year of the Borrower, a copy of the consolidated balance sheet of the
     Borrower and its consolidated Subsidiaries as at the end of such fiscal
     year and the related consolidated statements of income and retained
     earnings and of cash flows of the Borrower and its consolidated
     Subsidiaries for such year, which shall be audited by a firm of independent
     certified public accountants of nationally recognized

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     standing reasonably acceptable to the Required Lenders, setting forth in
     each case in comparative form the figures for the previous year, reported
     on without a "going concern" or like qualification or exception, or
     qualification indicating that the scope of the audit was inadequate to
     permit such independent certified public accountants to certify such
     financial statements without such qualification; provided, that the
     delivery within the time period specified above of the Borrower's Annual
     Report on Form 10-K for such fiscal year (together with the Borrower's
     annual report to shareholders, if any, prepared pursuant to Rule 14a-3
     under the Securities Exchange Act of 1934) prepared in accordance with the
     requirements therefor and filed with the Securities and Exchange
     Commission, together with such certified public accountants' opinion, shall
     be deemed to satisfy the requirements of this Section 5.1(a);

          (b) Quarterly Financial Statements. As soon as available and in any
     event no later than the earlier of (i) to the extent applicable, the date
     the Borrower is required by the SEC to deliver its Form 10-Q for any fiscal
     quarter of the Borrower and (ii) forty-five (45) days after the end of each
     fiscal quarter of the Borrower, a copy of the consolidated balance sheet of
     the Borrower and its consolidated Subsidiaries as at the end of such period
     and related consolidated statements of income and retained earnings and of
     cash flows for the Borrower and its consolidated Subsidiaries for such
     quarterly period and for the portion of the fiscal year ending with such
     period, in each case setting forth in comparative form consolidated figures
     for the corresponding period or periods of the preceding fiscal year
     (subject to normal recurring year-end audit adjustments); provided, that
     the delivery within the time period specified above of the Borrower's Form
     10-Q for such fiscal quarter filed with the Securities and Exchange
     Commission shall be deemed to satisfy the requirements of this Section
     5.1(b); and

          (c) Annual Operating Budget and Cash Flow. As soon as available, but
     in any event within thirty (30) days prior to the end of each fiscal year,
     a copy of the detailed annual operating budget or plan including cash flow
     projections of the Borrower and its Subsidiaries for the next four fiscal
     quarter period prepared on a quarterly basis, in form and detail reasonably
     acceptable to the Administrative Agent and the Lenders, together with a
     summary of the material assumptions made in the preparation of such annual
     budget or plan;

all such financial statements to be complete and correct in all material
respects (subject, in the case of interim statements, to normal recurring
year-end audit adjustments) and to be prepared in reasonable detail and, in the
case of the annual and quarterly financial statements provided in accordance
with subsections (a) and (b) above, in accordance with GAAP applied consistently
throughout the periods reflected therein and further accompanied by a
description of, and an estimation of the effect on the financial statements on
account of, a change, if any, in the application of accounting principles as
provided in Section 1.3. Reports and documents required to be delivered to the
Lenders pursuant to Sections 5.1 and 5.2 shall be deemed delivered upon the
delivery of such reports and documents electronically to the Administrative
Agent in a format that will allow such reports and documents to be posted to
Intralinks, Syndtrak or other electronic medium accessible to the Lenders and
reasonably acceptable to the Administrative

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Agent; provided, that if any Lender shall request a printed copy of any such
report or document, the Borrower shall promptly provide such printed copies to
such Lender.

     SECTION 5.2 CERTIFICATES; OTHER INFORMATION.

     Furnish to the Administrative Agent and each of the Lenders:

          (a) concurrently with the delivery of the financial statements
     referred to in Section 5.1(a) above, a certificate of the independent
     certified public accountants reporting on such financial statements stating
     that in making the examination necessary therefor nothing has come to their
     attention to cause them to believe that any Default or Event of Default
     existed on the date of such financial statements under Sections 5.9, 6.1,
     6.2, or 6.5, insofar as they relate to accounting matters (which statement
     may be limited to the extent required by accounting rules or guidelines and
     it being acknowledged by the Administrative Agent and the Lenders that the
     audit of the certified public accountants was not directed primarily toward
     obtaining knowledge of such compliance or noncompliance), except as
     specified in such certificate;

          (b) concurrently with the delivery of the financial statements
     referred to in Sections 5.1(a) and 5.1(b) above, a certificate of a
     Responsible Officer stating that such Responsible Officer has reviewed the
     performance by the Credit Parties of, and the compliance by the Credit
     Parties with, the covenants and other agreements set forth herein and in
     the other Credit Documents, and that such Responsible Officer has obtained
     no knowledge of any Default or Event of Default except as specified in such
     certificate and such certificate shall include the calculations in
     reasonable detail required to indicate compliance with Section 5.9 as of
     the last day of such period;

          (c) (i) concurrently with or prior to the delivery of the financial
     statements referred to in Sections 5.1(a) and 5.1(b) above, an updated copy
     of Schedule 3.12 if the Borrower or any of its Subsidiaries has formed or
     acquired a new Subsidiary since the Closing Date or since Schedule 3.12 was
     last updated, as applicable, (ii) concurrently with or prior to the
     delivery of the financial statements referred to in Sections 5.1(a) or (b)
     above, an updated copy of Schedule 3.16 if the Borrower or any of its
     Subsidiaries has registered, applied for registration of, acquired or
     otherwise obtained ownership of any new Intellectual Property required to
     be listed on Schedule 3.16 since the Closing Date or since Schedule 3.16
     was last updated, as applicable, and (iii) concurrently with or prior to
     the delivery of the financial statements referred to in Sections 5.1(a) or
     (b) above, an updated copy of Schedule 3.24 if any new Material Contract
     has been entered into since the Closing Date or since Schedule 3.24 was
     last updated, as applicable, together with a copy of each new Material
     Contract;

          (d) within ten (10) days after the same are sent, filed or made, (i)
     copies of all reports (other than those otherwise provided pursuant to
     Section 5.1 and those which are of a promotional nature) and other
     financial information which the Borrower sends to its shareholders, (ii)
     copies of all reports and all registration statements and prospectuses, if
     any, which the Borrower may make to, or file with, the Securities and
     Exchange

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     Commission (or any successor or analogous Governmental Authority) or any
     securities exchange or other private regulatory authority and (iii) all
     press releases and other statements made available by any of the Credit
     Parties to the public concerning material developments in the business of
     any of the Credit Parties;

          (e) within five (5) Business Days after the receipt thereof, a copy or
     summary of any other report, or "management letter" or similar report
     submitted by independent accountants to the Borrower or any of its
     Subsidiaries in connection with any annual, interim or special audit of the
     books of such Person (to the extent the Borrower is authorized to deliver
     such management letter); and

          (f) within five (5) Business Days after a request, such additional
     financial and other information as the Administrative Agent, on behalf of
     any Lender, may from time to time reasonably request.

     SECTION 5.3 PAYMENT OF TAXES.

     Pay, discharge or otherwise satisfy at or before maturity or before they
become delinquent, as the case may be, subject, where applicable, to specified
grace periods, (a) its (i) Federal and state taxes and (ii) all other taxes
that, if unpaid, would result in Liens on the Collateral ranking prior to or
pari passu with the Liens granted to the Administrative Agent for the benefit of
the Secured Parties and (b) any additional costs that are imposed as a result of
any failure to so pay, discharge or otherwise satisfy such taxes, except, in
each case, when the amount or validity of any such taxes is currently being
contested in good faith by appropriate proceedings and reserves, if applicable,
in conformity with GAAP with respect thereto have been provided on the books of
the Credit Parties and except where the failure to so pay could not reasonably
be expected to have a Material Adverse Effect.

     SECTION 5.4 CONDUCT OF BUSINESS AND MAINTENANCE OF EXISTENCE.

          (a) Subject to the proviso in Section 6.3, continue to engage in
     business of the same general type as now conducted by it on the Closing
     Date and, except as permitted by Section 6.4, preserve, renew and keep in
     full force and effect its corporate existence and take all reasonable
     action to maintain all rights, privileges and franchises necessary in the
     normal conduct of its business in all material respects;

          (b) comply in all material respects with all Contractual Obligations
     applicable to it, except to the extent that failure to comply therewith
     could not, individually or in the aggregate, reasonably be expected to have
     a Material Adverse Effect; and

          (c) comply with all Requirements of Law applicable to it except to the
     extent that failure to comply therewith could not, individually or in the
     aggregate, reasonably be expected to have a Material Adverse Effect.

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     SECTION 5.5 MAINTENANCE OF PROPERTY; INSURANCE.

          (a) Keep all material property useful and necessary in its business in
     reasonably good working order and condition (ordinary wear and tear and
     obsolescence excepted).

          (b) Maintain with financially sound and reputable insurance companies
     liability, casualty, property and business interruption insurance
     (including, without limitation, insurance with respect to its tangible
     Collateral) in at least such amounts and against at least such risks as are
     usually insured against in the same general area by companies engaged in
     the same or a similar business; and furnish to the Administrative Agent,
     upon the request of the Administrative Agent, full information as to the
     insurance carried; it being understood that such insurance will be subject
     to customary deductibles, and that self-insurance may be utilized where
     appropriate. The Administrative Agent shall be named as loss payee, as its
     interest may appear, and/or additional insured with respect to any such
     casualty, property and liability insurance, as applicable, and each
     provider of any such insurance shall agree, by endorsement upon the policy
     or policies issued by it or by independent instruments furnished to the
     Administrative Agent, that it will give the Administrative Agent at least
     ten (10) days prior written notice before any such policy or policies shall
     be altered or canceled.

          (c) In case of any loss, damage to or destruction of the Collateral of
     any Credit Party or any part thereof with a value greater than $2,500,000,
     such Credit Party shall promptly give written notice thereof to the
     Administrative Agent generally describing the nature and extent of such
     damage or destruction. In case of any such material loss, damage to or
     destruction of the Collateral of any Credit Party or any part thereof, if
     required by the Administrative Agent or the Required Lenders, such Credit
     Party (whether or not the insurance proceeds, if any, received on account
     of such damage or destruction shall be sufficient for that purpose), at
     such Credit Party's cost and expense, will either (i) promptly repair or
     replace the Collateral of such Credit Party so lost, damaged or destroyed
     or (ii) prepay the Credit Party Obligations with the insurance proceeds so
     received.

     SECTION 5.6 INSPECTION OF PROPERTY; BOOKS AND RECORDS; DISCUSSIONS.

     Keep proper books of records and account in which full, true and correct
entries in conformity, in all material respects, with GAAP and all Requirements
of Law shall be made of all dealings and transactions in relation to its
businesses and activities; and permit, during regular business hours and upon at
least two (2) Business Days advance notice by the Administrative Agent or any
Lender, the Administrative Agent or any Lender to visit and inspect any of its
properties and examine and make abstracts from any of its books and records
(other than materials protected by attorney-client privilege and materials that
a Credit Party or any of its Subsidiaries may not disclose without violation of
a confidentiality obligation binding upon it) at any reasonable time and as
often as may reasonably be desired, and to discuss the business, operations,
properties and financial and other condition of the Borrower and its
Subsidiaries with officers and employees of the Borrower and its Subsidiaries
and with its independent certified public accountants; provided, that so long as
no Event of Default has occurred and is continuing,

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<PAGE>

the Credit Parties shall only be required to pay the fees and expenses of the
Administrative Agent for one such inspection by the Administrative Agent in any
fiscal year.

     SECTION 5.7 NOTICES.

     Give notice in writing to the Administrative Agent (which shall promptly
transmit such notice to each Lender) of:

          (a) promptly, but in any event within two (2) Business Days after a
     Responsible Officer of any Credit Party obtains actual knowledge thereof,
     the occurrence of any Default or Event of Default;

          (b) promptly after a Responsible Officer of any Credit Party obtains
     actual knowledge thereof, any default or event of default under any
     Contractual Obligation of any Credit Party which, individually or in the
     aggregate, could reasonably be expected to have a Material Adverse Effect
     or involve a monetary claim in excess of $3,000,000;

          (c) promptly after a Responsible Officer of any Credit Party obtains
     actual knowledge thereof, any litigation, or any investigation or
     proceeding (i) affecting any Credit Party or any of their Subsidiaries
     which, individually or in the aggregate, could reasonably be expected to
     have a Material Adverse Effect or involve a monetary judgment or settlement
     payment in excess of $3,000,000, (ii) affecting or with respect to this
     Credit Agreement, any other Credit Document or any security interest or
     Lien created thereunder or (iii) involving an environmental claim or
     potential liability under Environmental Laws which could reasonably be
     expected to have, individually or in the aggregate, a Material Adverse
     Effect;

          (d) promptly after a Responsible Officer of any Credit Party obtains
     actual knowledge thereof, any labor controversy that has resulted in, or
     threatens to result in, a strike or other work action against any Credit
     Party which could reasonably be expected to have a Material Adverse Effect;

          (e) promptly after the rendition thereof, any attachment, judgment,
     lien, levy or order exceeding $2,000,000 rendered against any Credit Party
     other than Permitted Liens;

          (f) within thirty (30) days after a Responsible Officer of any Credit
     Party obtains actual knowledge thereof: (i) the occurrence or expected
     occurrence of any Reportable Event with respect to any Plan in excess of
     $2,000,000, a failure to make any material required contribution to a Plan,
     the creation of any Lien in favor of the PBGC (other than a Permitted Lien)
     on a Plan or any withdrawal from, or the termination, Reorganization or
     Insolvency of, any Multiemployer Plan or (ii) the institution of
     proceedings or the taking of any other action by the PBGC or any Credit
     Party, any Commonly Controlled Entity or any Multiemployer Plan, with
     respect to the withdrawal from, or the terminating, Reorganization or
     Insolvency of, any Plan;

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<PAGE>

          (g) promptly after a Responsible Officer of any Credit Party obtains
     actual knowledge thereof, any notice of a violation of any Requirement of
     Law received by any Credit Party from any Governmental Authority including,
     without limitation, any notice of violation of Environmental Laws, which
     could reasonably be expected to have a Material Adverse Effect;

          (h) promptly after a Responsible Officer of any Credit Party obtains
     actual knowledge thereof, any other development or event which could
     reasonably be expected to have a Material Adverse Effect; and

          (i) concurrently with the delivery thereof, copies of all written
     notices as the Borrower shall send to the holders of the Senior Notes or
     the Subordinated Debt Securities, as each of the foregoing are in effect on
     the Closing;

Each notice pursuant to this Section shall be accompanied by a statement of a
Responsible Officer setting forth details of the occurrence referred to therein
and stating what action the Credit Parties propose to take with respect thereto.
In the case of any notice of a Default or Event of Default, the Borrower shall
specify that such notice is a Default or Event of Default notice on the face
thereof.

     SECTION 5.8 ENVIRONMENTAL LAWS.

     (a) Except for matters and failures that could not reasonably be expected
to have a Material Adverse Effect:

          (i) Comply with, and ensure compliance by all tenants and subtenants,
     if any, with, all applicable Environmental Laws and obtain and comply with
     and maintain, and ensure that all tenants and subtenants obtain and comply
     with and maintain, any and all licenses, approvals, notifications,
     registrations or permits required by applicable Environmental Laws; and

          (ii) Conduct and complete all investigations, studies, sampling and
     testing, and all remedial, removal and other actions required under
     Environmental Laws and promptly comply with all lawful orders and
     directives of all Governmental Authorities regarding Environmental Laws
     except to the extent that the same are being contested in good faith by
     appropriate proceedings.

     (b) Defend, indemnify and hold harmless the Administrative Agent and the
Lenders, and their respective employees, agents, officers and directors, from
and against any and all claims, demands, penalties, fines, liabilities,
settlements, damages, costs and expenses of whatever kind or nature known or
unknown, contingent or otherwise, arising out of, or in any way relating to the
violation of, noncompliance with or liability under, any Environmental Law
applicable to the operations of the Credit Parties or any of their Subsidiaries
or the Properties, or any orders, requirements or demands of Governmental
Authorities related thereto, including, without limitation, reasonable
attorney's and consultant's fees, investigation and laboratory fees, response
costs, court costs and litigation expenses, except to the extent that any of the
foregoing

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<PAGE>

arise out of the gross negligence or willful misconduct of the party seeking
indemnification therefor. The agreements in this subsection shall survive
repayment of the Credit Party Obligations and the Termination Date.

     SECTION 5.9 FINANCIAL COVENANTS.

     Comply with the following financial covenants:

          (a) Total Leverage Ratio. The Total Leverage Ratio, as of the last day
     of each fiscal quarter of the Borrower set forth below, shall be less than
     or equal to the applicable ratio set forth below:

<TABLE>
<CAPTION>
Fiscal Quarter              Total Leverage Ratio
-------------               --------------------
<S>                         <C>
December 31, 2005                4.00 to 1.0
March 31, 2006                   4.00 to 1.0
June 30, 2006                    4.00 to 1.0
September 30, 2006               4.00 to 1.0
December 31, 2006                4.00 to 1.0
March 31, 2007                   3.75 to 1.0
June 30, 2007                    3.75 to 1.0
September 30, 2007               3.75 to 1.0
December 31, 2007                3.75 to 1.0
March 31, 2008 and each          3.50 to 1.0
fiscal quarter thereafter
</TABLE>

          (b) Fixed Charge Coverage Ratio. The Fixed Charge Coverage Ratio, as
     of the last day of each fiscal quarter of the Borrower set forth below,
     shall be greater than or equal to the applicable ratio set forth below:

<TABLE>
<CAPTION>
                            Fixed Charge Coverage
Fiscal Quarter                     Ratio
-------------               ---------------------
<S>                         <C>
December 31, 2005                1.10 to 1.0
March 31, 2006                   1.10 to 1.0
June 30, 2006                    1.10 to 1.0
September 30, 2006               1.10 to 1.0
December 31, 2006                1.10 to 1.0
March 31, 2007                   1.20 to 1.0
June 30, 2007                    1.20 to 1.0
September 30, 2007               1.20 to 1.0
December 31, 2007                1.20 to 1.0
March 31, 2008 and each          1.25 to 1.0
fiscal quarter thereafter
</TABLE>

     Notwithstanding the above, the parties hereto acknowledge and agree that,
for purposes of all calculations made in determining compliance for any
applicable period with the financial

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<PAGE>

covenants set forth in this Section 5.9, after consummation of any Permitted
Acquisition, (i) income statement items and other balance sheet items (whether
positive or negative) attributable to the Target acquired in such transaction
shall be included in such calculations to the extent relating to such applicable
period, subject to adjustments mutually acceptable to the Borrower and the
Administrative Agent, and (ii) Indebtedness of a Target which is retired in
connection with a Permitted Acquisition shall be excluded from such calculations
and deemed to have been retired as of the first day of such applicable period.

     SECTION 5.10 ADDITIONAL GUARANTORS.

     The Credit Parties will cause each of their Material Domestic Subsidiaries,
whether newly formed, hereafter acquired or otherwise existing to promptly (and
in any event within thirty (30) days after such Material Domestic Subsidiary is
formed or acquired or otherwise becomes a Material Domestic Subsidiary (or such
longer period of time as agreed to by the Administrative Agent in its reasonable
discretion)) become a Guarantor hereunder by way of execution of a Joinder
Agreement. At any time that the Release Conditions are not satisfied, the Credit
Party Obligations shall be secured by, among other things, a perfected security
interest in substantially all the personal property of such new Guarantor
(excluding any type of property which is not Perfection Collateral pursuant
hereto or pursuant to the Security Documents entered into by the other Credit
Parties) and a pledge of 100% of the Capital Stock of such new Guarantor and its
Domestic Subsidiaries and 65% (or such higher percentage that would not result
in material adverse tax consequences for the Credit Parties) of the voting
Capital Stock and 100% of the non-voting Capital Stock of each Foreign
Subsidiary directly owned by a Credit Party. In connection with the foregoing,
the Credit Parties shall deliver to the Administrative Agent, with respect to
each new Guarantor to the extent applicable, substantially the same
documentation required pursuant to Sections 4.1(b)-(f) and 5.12 and such other
documents or agreements as the Administrative Agent may reasonably request.

     SECTION 5.11 COMPLIANCE WITH LAW.

     Comply with all laws, rules, regulations and orders, and all applicable
restrictions imposed by all Governmental Authorities, applicable to it and its
Property if noncompliance with any such law, rule, regulation, order or
restriction could reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect.

     SECTION 5.12 PLEDGED ASSETS.

     At any time that the Release Conditions are not satisfied:

          (a) Cause 100% of the Capital Stock in each Domestic Subsidiary
     directly owned by a Credit Party and 65% of the Capital Stock in each
     Foreign Subsidiary directly owned by a Credit Party to be subject at all
     times to a perfected Lien (with respect to the Capital Stock of such
     Foreign Subsidiaries, to the extent perfection may be achieved under U.S.
     law) in favor of the Administrative Agent pursuant to the terms and
     conditions of the Security Documents or such other security documents as
     the Administrative Agent shall reasonably request.

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<PAGE>

          (b) If, subsequent to the Closing Date, a Credit Party shall acquire
     any security, instrument, chattel paper or other personal property in
     excess of $500,000 required for perfection to be delivered to the
     Administrative Agent as Collateral hereunder or under any of the Security
     Documents, but excluding any security or instrument issued by one Credit
     Party in favor of another Credit Party (each such security or instrument,
     and each other intercompany security or instrument of a principal amount of
     $500,000 or less, collectively being the "Excluded Intercompany
     Instruments"), promptly (and in any event within three (3) Business Days)
     after any Responsible Officer of a Credit Party acquires knowledge of same
     notify the Administrative Agent of same.

          (c) Take such action at its own expense as reasonably requested by the
     Administrative Agent (including, without limitation, any of the actions
     described in Section 4.1(d) or (e) hereof) to ensure that the
     Administrative Agent has a perfected Lien to secure the Credit Party
     Obligations in (i) all personal property (other than the Excluded
     Equipment, Excluded Intercompany Instruments and Capital Stock of Foreign
     Subsidiaries) of the Credit Parties located in the United States, and (ii)
     to the extent the value thereof is deemed to be material by the
     Administrative Agent or the Required Lenders in its or their reasonable
     discretion, all other personal property (other than the Excluded Equipment,
     Intellectual Property, Excluded Intercompany Instruments and Capital Stock
     of Foreign Subsidiaries) of the Credit Parties (including, without
     limitation, deposit accounts), subject in each case only to Permitted
     Liens.

     SECTION 5.13 COVENANTS REGARDING PATENTS, TRADEMARKS AND COPYRIGHTS.

          (a) Notify the Administrative Agent promptly after a Responsible
     Officer of the Credit Parties obtains actual knowledge thereof, that any
     application, letters patent or registration relating to any Patent, Patent
     License, Trademark or Trademark License of the Credit Parties or any of
     their Subsidiaries may become abandoned, or of any adverse determination or
     development (including, without limitation, the institution of, or any such
     determination or development in, any proceeding in the United States Patent
     and Trademark Office or any court) regarding any Credit Party's or any of
     its Subsidiary's ownership of any Patent or Trademark, its right to patent
     or register the same, or to enforce, keep and maintain the same, or its
     rights under any Patent License or Trademark License material to its
     business, if such abandonment, determination or development could
     reasonably be expected to have a Material Adverse Effect.

          (b) Notify the Administrative Agent promptly after it knows of any
     adverse determination or development (including, without limitation, the
     institution of, or any such determination or development in, any proceeding
     in any court) regarding any Copyright or Copyright License of the Credit
     Parties or any of their Subsidiaries, whether (i) such Copyright or
     Copyright License may become invalid or unenforceable prior to its
     expiration or termination, or (ii) any Credit Party's or any of its
     Subsidiary's ownership of such Copyright, its right to register the same or
     to enforce, keep and maintain the same, or its rights under such Copyright
     License, may become affected, if such

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<PAGE>

     determination or development could reasonably be expected to have a
     Material Adverse Effect.

          (c) At any time that the Release Conditions are not satisfied, upon
     request of the Administrative Agent, execute and deliver any and all
     agreements, instruments, documents, and papers as the Administrative Agent
     may reasonably request to evidence the Administrative Agent's security
     interest in the US Intellectual Property of the Credit Parties, including,
     without limitation, the goodwill of the Credit Parties relating thereto or
     represented thereby.

          (d) Take all necessary actions, including, without limitation, in any
     proceeding before the United States Patent and Trademark Office or the
     United States Copyright Office, to maintain each item of Intellectual
     Property of the Credit Parties, including, without limitation, payment of
     maintenance fees, filing of applications for renewal, affidavits of use,
     affidavits of incontestability and opposition, interference and
     cancellation proceedings, if the failure to take such actions could
     reasonably be expected to have a Material Adverse Effect.

          (e) In the event that any Credit Party becomes aware that any
     Intellectual Property material to its business is infringed,
     misappropriated or diluted by a third party in any material respect,
     promptly sue for infringement, misappropriation or dilution and take other
     similar actions unless, in their reasonable business judgment, the Credit
     Parties determine that it is in the best interests of the Credit Parties
     not to do so, and notify the Administrative Agent in the event it so elects
     to sue.

     SECTION 5.14 FURTHER ASSURANCES.

     At any time that the Release Conditions are not satisfied, upon the
reasonable request of the Administrative Agent, promptly perform or cause to be
performed any and all acts and execute or cause to be executed any and all
documents for filing under the provisions of the Uniform Commercial Code or any
other Requirement of Law which are necessary or advisable to maintain in favor
of the Administrative Agent, for the benefit of the Secured Parties, Liens on
the Collateral which, with respect to Perfection Collateral, are duly perfected
in accordance with the requirements of, or the obligations of the Credit Parties
under, the Credit Documents and all applicable Requirements of Law.

                                   ARTICLE VI

                               NEGATIVE COVENANTS

     The Credit Parties hereby covenant and agree that on the Closing Date, and
thereafter until the Termination Date, that:

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<PAGE>

     SECTION 6.1 INDEBTEDNESS.

     The Credit Parties will not, nor will they permit any Subsidiary to,
contract, create, incur, assume or permit to exist any Indebtedness, except:

          (a) Indebtedness arising or existing under this Credit Agreement and
     the other Credit Documents;

          (b) Indebtedness of the Credit Parties and their Subsidiaries existing
     as of the Closing Date set forth on Schedule 6.1(b) hereto and renewals,
     refinancings or extensions thereof in a principal amount not in excess of
     that outstanding as of the date of such renewal, refinancing or extension;

          (c) Indebtedness of the Credit Parties and their Subsidiaries incurred
     after the Closing Date consisting of Capital Leases or Indebtedness
     incurred to provide all or a portion of the purchase price (or finance such
     purchase price within ninety (90) days of acquisition) or cost of
     improvement or construction of an asset and renewals, refinancings or
     extensions thereof; provided that (i) the principal amount of such
     Indebtedness when incurred shall not exceed the purchase price or cost of
     construction of such asset; (ii) no such Indebtedness shall be refinanced
     for a principal amount in excess of the principal balance outstanding
     thereon at the time of such refinancing; and (iii) the total principal
     amount of all such Indebtedness shall not exceed $5,000,000 at any time
     outstanding;

          (d) Intercompany Indebtedness (i) among the Credit Parties, (ii) among
     Subsidiaries of the Borrower that are not Credit Parties, (iii) owing from
     a Credit Party to a Subsidiary of the Borrower that is not a Credit Party
     or (iv) owing from a Subsidiary of the Borrower that is not a Credit Party
     to a Credit Party in an aggregate principal amount outstanding at any time
     not to exceed (in addition to such intercompany Indebtedness existing as of
     the Closing Date) (A) for the first year following the Closing Date,
     $50,000,000, (B) for the second year following the Closing Date,
     $40,000,000, and (C) for the third year following the Closing Date and each
     year thereafter, $30,000,000; provided that, upon the request of the
     Administrative Agent at any time, any such Indebtedness in the preceding
     clause (iii) shall be (1) fully subordinated to the Credit Party
     Obligations hereunder on terms reasonably satisfactory to the
     Administrative Agent and (2) evidenced by "floating balance" promissory
     notes not requiring notations having terms reasonably satisfactory to the
     Administrative Agent, the sole originally executed counterparts of which
     shall be pledged and delivered to the Administrative Agent, for the benefit
     of the Secured Parties, as security for the Credit Party Obligations;

          (e) Indebtedness and obligations owing under Secured Hedging
     Agreements and other Hedging Agreements entered into in order to manage
     existing or anticipated interest rate, exchange rate or commodity price
     risks and not for speculative purposes;

          (f) Indebtedness arising or existing under the Senior Note Purchase
     Documents in an aggregate principal amount not to exceed $121,000,000 at
     any time

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<PAGE>

     outstanding and renewals, refinancings or extensions thereof in a principal
     amount not in excess of that outstanding as of the date of such renewal,
     refinancing or extension (plus the amount of reasonable fees and expenses
     relating thereto) on terms substantially similar to the Senior Note
     Purchase Documents, substantially no less favorable to the Borrower and no
     less favorable to the Lenders;

          (g) Guaranty Obligations in respect of Indebtedness of a Credit Party
     to the extent such Indebtedness is permitted to exist or be incurred
     pursuant to this Section 6.1;

          (h) Guaranty Obligations in respect of Indebtedness of the
     Subsidiaries of the Borrower that are not Credit Parties in an aggregate
     principal amount not to exceed $10,000,000 at any time outstanding, to the
     extent such Indebtedness is permitted to exist or be incurred pursuant to
     this Section 6.1;

          (i) Indebtedness and obligations of the Borrower or any of its
     Subsidiaries owing under trade letters of credit, performance letters of
     credit, documentary letters of credit or similar instruments for the
     purchase or sale of goods or other merchandise (but not under standby,
     direct pay or other letters of credit except for the Letters of Credit
     hereunder) generally, in an amount not to exceed $5,000,000 at any time
     outstanding;

          (j) Indebtedness of the Borrower or any of its Subsidiaries, and
     renewals, refinancings or extensions thereof, which entity (or the assets
     thereof) was acquired after the Closing Date as a Permitted Acquisition and
     which Indebtedness was in existence at the time of acquisition of such
     entity (or the assets thereof), and not incurred in contemplation of such
     acquisition, so long as such Indebtedness is (i) non-recourse (except with
     respect to such entity (or the assets thereof)), (ii) included in the total
     consideration for such Permitted Acquisition, (iii) not secured by a
     blanket Lien on the assets of such Person (except to the extent it is a
     Permitted Lien) and (iv) not refinanced for a principal amount in excess of
     the principal balance outstanding thereon at the time of such acquisition;

          (k) Indebtedness arising or existing under the Subordinated Note
     Documents in an aggregate principal amount not to exceed $110,000,000 at
     any time outstanding and renewals, refinancings or extensions thereof in a
     principal amount not in excess of that outstanding as of the date of such
     renewal, refinancing or extension (plus the amount of reasonable fees and
     expenses relating thereto) on terms substantially similar to the
     Subordinated Note Documents, substantially no less favorable to the
     Borrower and no less favorable to the Lenders;

          (l) Indebtedness resulting from endorsements of negotiable instruments
     received in the ordinary course of business;

          (m) Indebtedness of Foreign Subsidiaries in an aggregate principal
     amount not to exceed $30,000,000 at any time outstanding (not counting for
     the purposes of such limit intercompany Indebtedness of such Foreign
     Subsidiaries permitted under Section 6.1(d) hereof);

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<PAGE>

          (n) other Indebtedness which does not exceed a principal amount of
     $1,000,000 in the aggregate at any time outstanding;

          (o) Indebtedness arising from Tax Related Foreign Advances to the
     extent permitted by Section 6.5; and

          (p) The Credit Parties and their Subsidiaries may incur additional
     unsecured Indebtedness on terms and conditions reasonably satisfactory to
     the Administrative Agent and/or Subordinated Debt so long as (i) the Total
     Leverage Ratio, recalculated on a pro forma basis for the most recently
     ended quarter for which information is available, shall be (I) during the
     period from the Closing Date through and including December 31, 2006, less
     than 3.50 to 1.0 and (II) on and after January 1, 2007, less than 3.25 to
     1.0, (ii) no Default or Event of Default shall have occurred or be
     continuing at the time of incurrence thereof and after giving effect
     thereto and (iii) any such Indebtedness incurred by a Subsidiary of the
     Borrower that is not a Credit Party shall be non-recourse with respect to
     each Credit Party.

     SECTION 6.2 LIENS.

     The Credit Parties will not, nor will they permit any Subsidiary to,
contract, create, incur, assume or permit to exist any Lien with respect to any
of their respective property or assets of any kind (whether real or personal,
tangible or intangible), whether now owned or hereafter acquired, except for
Permitted Liens. Notwithstanding the foregoing, if a Credit Party shall grant a
Lien on any of its assets in violation of this Section 6.2, then it shall be
deemed to have simultaneously granted an equal and ratable Lien on any such
assets in favor of the Administrative Agent for the benefit of the Lenders.

     SECTION 6.3 NATURE OF BUSINESS.

     The Credit Parties will not, nor will they permit any Subsidiary to, alter
the general character of their business in any material respect on an aggregate
basis from that conducted as of the Closing Date; provided, however, that the
foregoing restriction shall not prohibit the Credit Parties from entering into
lines of business vertically integrated with, and reasonably related to, their
existing lines of business as of the Closing Date.

     SECTION 6.4 CONSOLIDATION, MERGER, SALE OR PURCHASE OF ASSETS, ETC.

     The Credit Parties will not, nor will they permit any Subsidiary to,

          (a) dissolve, liquidate or wind up its affairs, or sell, transfer,
     lease or otherwise dispose of its property or assets or agree to do so at a
     future time prior to the Maturity Date, except the following, without
     duplication, shall be expressly permitted (as well as agreements to do the
     following at a future time):

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<PAGE>

               (i) (A) the sale, transfer, lease or other disposition of
          inventory and materials in the ordinary course of business, (B) the
          expenditure of cash and Cash Equivalents in the ordinary course of
          business or in transactions permitted hereby and (C) the conversion of
          cash into Cash Equivalents and Cash Equivalents into cash;

               (ii) the sale, transfer, lease or other disposition of property
          or assets to an unrelated party not in the ordinary course of business
          where and to the extent they are the result of theft, loss, physical
          destruction or damage, taking or similar event;

               (iii) the sale, lease, transfer or other disposition of
          machinery, parts and equipment no longer used or useful in the conduct
          of the business of the Credit Parties or any of their Subsidiaries;

               (iv) the sale, lease or transfer of property or assets among the
          Credit Parties;

               (v) the dissolution, liquidation or winding up of any Subsidiary
          of the Borrower that is not a Credit Party, or the sale of all,
          substantially all or a material portion of the assets of any
          Subsidiary of the Borrower that is not a Credit Party pursuant to an
          asset sale or a series of related asset sales;

               (vi) the sale of all of the Capital Stock of any Subsidiary of
          the Borrower that is not a Credit Party;

               (vii) upon ten (10) Business Days notice to the Administrative
          Agent, the dissolution, liquidation or winding up of any Credit Party
          (other than the Borrower); provided, that the assets of any such
          Credit Party shall be transferred to another Credit Party;

               (viii) upon ten (10) Business Days notice to the Administrative
          Agent, the merger or consolidation of a Subsidiary of the Borrower
          with or into another Subsidiary of the Borrower; provided that if
          either Subsidiary is a Credit Party, the continuing or surviving
          Person shall be a Credit Party;

               (ix) upon ten (10) Business Days notice to the Administrative
          Agent, the merger or consolidation of any Subsidiary of the Borrower
          into the Borrower; provided that the Borrower shall be the continuing
          or surviving entity;

               (x) transactions permitted pursuant to Sections 6.1, 6.2 and 6.5
          to the extent not otherwise permitted pursuant to this Section 6.4(a);
          and

               (xi) other sales, leases, transfers or other dispositions of
          property or assets not to exceed $10,000,000 in the aggregate in any
          fiscal year;

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<PAGE>

          provided that (A) with respect to clauses (ii), (iii), (vi) and (xi)
          above, at least 75% of any consideration received therefor by the
          Credit Parties or any such Subsidiary shall be in the form of cash or
          Cash Equivalents, (B) after giving effect to any sale, lease or
          transfer of property or assets pursuant to clause (xi) above, the
          Credit Parties shall be in compliance on a Pro Forma Basis with the
          financial covenants set forth in Section 5.9 hereof, recalculated for
          the most recently ended quarter for which information is available,
          (C) with respect to clause (iv) above, no Event of Default shall exist
          or shall result therefrom and (D) with respect to clauses (v) and (vi)
          above, no Default or Event of Default shall exist or shall result
          therefrom; provided, further, that with respect to sales of assets
          permitted hereunder only, the Administrative Agent shall be entitled,
          without the consent of the Required Lenders, to release its Liens
          relating to the particular assets sold; or

               (b) (i) purchase, lease or otherwise acquire (in a single
          transaction or a series of related transactions) the property or
          assets of any Person, other than (A) Permitted Acquisitions and other
          Investments or acquisitions permitted pursuant to Section 6.5 and (B)
          except to the extent limited or prohibited herein, purchases, leases
          and other acquisitions of inventory, materials, property, leases,
          licenses and equipment useful in the operation of the business of the
          Borrower and its Subsidiaries in the aggregate, or (ii) enter into any
          transaction of merger or consolidation, except for (A) Permitted
          Acquisitions, (B) Investments or acquisitions permitted pursuant to
          Section 6.5 and (C) mergers or consolidations permitted pursuant to
          Sections 6.4(a)(vi), 6.4(a)(vii), 6.4(a)(viii) and 6.4(a)(ix);
          provided that if the Borrower is a party thereto, the Borrower will be
          the surviving corporation.

     SECTION 6.5 ADVANCES, INVESTMENTS AND LOANS.

     The Credit Parties will not, nor will they permit any Subsidiary to, make
any Investment except for Permitted Investments.

     SECTION 6.6 TRANSACTIONS WITH AFFILIATES.

     The Credit Parties will not, nor will they permit any Subsidiary to, enter
into any transaction or series of transactions involving $1,000,000 or more in
the aggregate, whether or not in the ordinary course of business, with any
officer, director, shareholder or Affiliate of any such Person other than (i) on
terms and conditions substantially as favorable to the Credit Parties and their
Subsidiaries as would be obtainable in a comparable arm's-length transaction
with a Person other than an officer, director, shareholder or Affiliate, (ii)
transactions among the Credit Parties, (iii) transactions among the Credit
Parties and their Subsidiaries contemplated by, or provided for by, the terms of
this Agreement either generally or specifically or (iv) the transactions listed
on Schedule 6.6.

     SECTION 6.7 OWNERSHIP OF SUBSIDIARIES; RESTRICTIONS.

     The Credit Parties will not sell, transfer, pledge or otherwise dispose of
any Capital Stock or other equity interests in any of their Subsidiaries, nor
will they permit any of their Subsidiaries

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to issue, sell, transfer, pledge or otherwise dispose of any of their Capital
Stock or other equity interests, except in a transaction permitted by Section
6.4.

     SECTION 6.8 CORPORATE CHANGES; MATERIAL CONTRACTS.

     No Credit Party will, nor will it permit any of its Subsidiaries to, (a)
change its fiscal year, (b) amend, modify or change its articles of
incorporation, certificate of designation (or corporate charter or other similar
organizational document) or bylaws (or other similar document) in any respect
materially adverse to the interests of the Lenders without the prior written
consent of the Required Lenders, (c) amend, modify, cancel or terminate or fail
to renew or extend or permit the amendment, modification, cancellation or
termination of any of its Material Contracts (other than the Senior Note
Purchase Documents and the Subordinated Note Documents) in any respect
materially adverse to the interests of the Lenders without the prior written
consent of the Required Lenders, (d) change its state of incorporation,
organization or formation or have more than one state of incorporation,
organization or formation or (e) materially change its accounting method (except
in accordance with GAAP) in any manner materially adverse to the interests of
the Lenders without the prior written consent of the Required Lenders.

     SECTION 6.9 LIMITATION ON RESTRICTED ACTIONS.

     The Credit Parties will not, nor will they permit any Subsidiary to,
directly or indirectly, create or otherwise cause or suffer to exist or become
effective any encumbrance or restriction on the ability of any such Person to
(a) pay dividends or make any other distributions to any Credit Party on its
Capital Stock or with respect to any other interest or participation in, or
measured by, its profits, (b) pay any Indebtedness or other obligation owed to
any Credit Party, (c) make loans or advances to any Credit Party, (d) sell,
lease or transfer any material portion of its properties or assets to any Credit
Party, or (e) if a Domestic Subsidiary, act as a Guarantor pursuant to the
Credit Documents or any renewals, refinancings, exchanges, refundings or
extension thereof, except (in respect of any of the matters referred to in
clauses (a) - (d) above) for such encumbrances or restrictions existing under or
by reason of (i) this Credit Agreement and the other Credit Documents, (ii)
applicable law, (iii) the Senior Note Purchase Documents, (iv) any document or
instrument governing Indebtedness incurred pursuant to Section 6.1(c) or 6.1(m);
provided that any such restriction contained therein relates only to the asset
or assets constructed or acquired in connection therewith, (v) any Permitted
Lien or any document or instrument governing any Permitted Lien; provided that
any such restriction contained therein relates only to the asset or assets
subject to such Permitted Lien, (vi) customary nonassignment provisions in any
lease governing a leasehold interest or in any contract which is not a Material
Contract, (vii) agreements with respect to Foreign Subsidiaries so long as any
liability thereunder is non-recourse to the Credit Parties, (viii) agreements
with respect to joint ventures so long as any liability thereunder is
non-recourse to the Credit Parties except to the extent of such Person's
ownership interest in the joint venture, (ix) customary restrictions contained
in agreements relating to the sale of a Subsidiary of the Borrower (or all or
substantially all of the assets thereof) pending such sale, so long as such
restrictions and conditions apply only to such Subsidiary and such sale is
permitted hereunder or (x) restrictions imposed by any agreement

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relating to secured Indebtedness permitted by this Credit Agreement if such
restrictions apply only to the property or assets securing such Indebtedness.

     SECTION 6.10 RESTRICTED PAYMENTS.

     The Credit Parties will not, nor will they permit any Subsidiary to,
directly or indirectly, declare, order, make or set apart any sum for or pay any
Restricted Payment, except (a) to make dividends payable solely in the same
class of Capital Stock of such Person, (b) to make dividends or other
distributions payable to any Credit Party (directly or indirectly through their
Subsidiaries), (c) to pay regularly scheduled principal and interest payments in
respect of the Senior Notes, the Subordinated Debt Securities and the other
Subordinated Debt, (d) to acquire shares upon the conversion of such shares into
shares of another class of its Capital Stock, (e) to pay dividends in accordance
with the Borrower's historical dividend policy which shall be in an annual
amount not to exceed $12,000,000; provided, that (i) at the time such dividend
is declared, (i) no Event of Default shall have occurred and be continuing under
Section 7.1(a), (ii) no default shall exist under any Material Contract
(including, without limitation, the Subordinated Note Documents and the Senior
Note Purchase Documents) as a result of the failure to make any payment required
thereunder, and (iii) the Borrower shall have demonstrated to the reasonable
satisfaction of the Administrative Agent that it will be in compliance with
Section 5.9 after giving effect to the payment of such dividend on a pro forma
basis, (f) provided that (i) no Default or Event of Default has occurred and is
continuing or would result therefrom and (ii) after giving effect thereto on a
Pro Forma Basis there is at least $75,000,000 in Minimum Liquidity, to pay
dividends (other than those paid in accordance with the Borrower's historical
dividend policy which are permitted as provided in (e) above) and repurchase
Capital Stock in an aggregate amount not to exceed (A) $125,000,000 (1) during
fiscal year 2006 and (2) during any fiscal year thereafter and (B) $200,000,000
in the aggregate during the term of this Agreement and (g) after September 1,
2006, provided that (i) no Default or Event of Default has occurred and is
continuing or would result therefrom, (ii) after giving effect thereto on a Pro
Forma Basis there is at least $50,000,000 in Minimum Liquidity, and (iii) after
giving effect thereto on a Pro Forma Basis, the Credit Parties are in compliance
with each of the financial covenants set forth in Section 5.9, to prepay up to
$62,000,000 of the outstanding principal amount of the Senior Notes.

     SECTION 6.11 AMENDMENT OF SUBORDINATED DEBT AND SENIOR NOTES.

     The Credit Parties will not, nor will it permit any Subsidiary to, without
the prior written consent of the Required Lenders, (a) amend, modify, waive or
extend or permit the amendment, modification, waiver or extension of any term of
any Senior Note Purchase Document or any document governing or relating to any
Subordinated Debt if such amendment or modification would add or change any
terms in a manner materially adverse to the Borrower or the Lenders, or shorten
the final maturity or average life to maturity or require any payment to be made
sooner than originally scheduled or increase the interest rate applicable
thereto or if such amendment or modification is otherwise materially adverse to
the interests of the Borrower or the Lenders, or (b) effect or permit any change
in or amendment to any document or instrument pertaining to (i) the
subordination, terms of payment or required prepayments of any Subordinated Debt
or (ii) to the

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covenants or events of default of any Subordinated Debt if the effect of any
such change or amendment is to make such covenants or events of default
materially more restrictive.

     SECTION 6.12 NO FURTHER NEGATIVE PLEDGES.

     The Credit Parties will not, nor will they permit any Domestic Subsidiary
to, enter into, assume or become subject to any agreement prohibiting or
otherwise restricting the creation or assumption of any Lien (including the
requirement for an equal and ratable Lien) upon any of their properties or
assets, whether now owned or hereafter acquired, except (a) pursuant to this
Credit Agreement and the other Credit Documents (b) pursuant to any document or
instrument governing Indebtedness incurred pursuant to Section 6.1(c); provided
that any such restriction contained therein relates only to the asset or assets
constructed or acquired in connection therewith, (c) so long as the Liens
granted pursuant to the Security Documents are not prohibited thereby, (i)
customary anti-assignment provisions contained in leases and licensing
agreements entered into in the ordinary course of business or contained in any
contract not a Material Contract, (ii) restrictions imposed by law, (iii)
customary restrictions contained in agreements relating to the sale of a
Subsidiary of the Borrower (or all or substantially all of the assets thereof)
pending such sale, so long as such restrictions and conditions apply only to
such Subsidiary and such sale is permitted hereunder, (iv) restrictions imposed
by any agreement relating to secured Indebtedness permitted by this Credit
Agreement if such restrictions apply only to the property or assets securing
such Indebtedness, (v) agreements with respect to Foreign Subsidiaries so long
as any liability thereunder is non-recourse to any Credit Party, (vi) agreements
with respect to joint ventures so long as any liability thereunder is
non-recourse to the Credit Parties except to the extent of such Person's
ownership interest in the joint venture, (vii) pursuant to the Senior Note
Purchase Documents, and (d) in connection with any Permitted Lien or any
document or instrument governing any Permitted Lien; provided that any such
restriction contained therein relates only to the asset or assets subject to
such Permitted Lien.

     SECTION 6.13 CONSOLIDATED CAPITAL EXPENDITURES.

     Each of the Credit Parties will not, nor will it permit any of its
Subsidiaries to, incur Consolidated Capital Expenditures during any fiscal year
of the Borrower unless at the time of the incurrence thereof and after giving
effect thereto no Event of Default shall have occurred or be continuing.

     SECTION 6.14 OPERATING LEASES.

     Each of the Credit Parties will not, nor will it permit any of its
Subsidiaries to, enter into, assume or permit to exist any obligations for the
payment of rent under Operating Leases which in the aggregate for all such
Persons would exceed $15,000,000 in any fiscal year of the Borrower.

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                                   ARTICLE VII

                                EVENTS OF DEFAULT

     SECTION 7.1 EVENTS OF DEFAULT.

     An Event of Default shall exist upon the occurrence of any of the following
specified events (each an "Event of Default"):

          (a) Payment. (i) The Borrower shall fail to pay any principal on any
     Loan when due in accordance with the terms hereof; or (ii) the Borrower
     shall fail to reimburse the Issuing Lender for any Reimbursement
     Obligations when due in accordance with the terms hereof; or (iii) the
     Borrower shall fail to pay any interest on any Loan or any fee or other
     amount payable hereunder when due in accordance with the terms hereof and
     such failure shall continue unremedied for three (3) Business Days; or (iv)
     or any Guarantor shall fail to pay on the Guaranty in respect of any of the
     foregoing; or

          (b) Misrepresentation. Any representation or warranty made or deemed
     made by or on behalf of a Credit Party herein, in the Security Documents or
     in any of the other Credit Documents shall (i) with respect to
     representations and warranties that contain a materiality qualification,
     prove to have been incorrect, false or misleading and (ii) with respect to
     representations and warranties that do not contain a materiality
     qualification, prove to have been incorrect, false or misleading in any
     material respect, in each case on or as of the date made or deemed made; or

          (c) Covenant Default. (i) Any Credit Party shall fail to perform,
     comply with or observe any term, covenant or agreement applicable to it
     contained in Sections 5.1, 5.2, 5.4, 5.7(a), 5.9, 5.11, or Article VI
     hereof; or (ii) any Credit Party shall fail to comply with any other
     covenant contained in this Credit Agreement or the other Credit Documents
     (other than as described in Sections 7.1(a) or 7.1(c)(i) above), and such
     breach or failure to comply is not cured within thirty (30) days after the
     earlier of the date (1) the Administrative Agent has delivered written
     notice of such failure to the Borrower (in the case of the failure to
     deliver any item required to be delivered hereunder), or (2) any
     Responsible Officer of the Borrower obtains actual knowledge of such breach
     or failure to comply; or

          (d) Debt Cross-Default. (i) Any Credit Party shall default in any
     payment of principal of or interest on any Indebtedness (other than the
     Credit Party Obligations, but including, without limitation, the Senior
     Notes, the Subordinated Debt Instruments and any other Subordinated Debt)
     in a principal amount outstanding of at least $3,000,000 for the Borrower
     and any of its Subsidiaries in the aggregate, and said default continues
     beyond any applicable grace period (not to exceed 30 days), if any,
     provided in the instrument or agreement under which such Indebtedness was
     created; (ii) any Credit Party shall default in the observance or
     performance of any other agreement or condition relating to any
     Indebtedness (other than the Credit Party Obligations, but including,
     without limitation, the Senior Notes, the Subordinated Debt Instruments and
     any other

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     Subordinated Debt) in a principal amount outstanding of at least $3,000,000
     in the aggregate for the Credit Parties and their Subsidiaries or contained
     in any instrument or agreement evidencing, securing or relating to such
     Indebtedness, or any other event shall occur or condition exist, the effect
     of which default or other event or condition is to cause, or to permit the
     holder or holders of such Indebtedness or beneficiary or beneficiaries of
     such Indebtedness (or a trustee or agent on behalf of such holder or
     holders or beneficiary or beneficiaries) to cause such Indebtedness to
     become due prior to its stated maturity; or (iii) any Credit Party shall
     breach or default any Secured Hedging Agreement; or

          (e) Other Cross-Defaults. The Credit Parties or any of their
     Subsidiaries shall default in (i) the payment of any material amount when
     due under any Material Contract (other than the Senior Note Purchase
     Documents and the Subordinated Note Documents) or (ii) in the performance
     or observance, of any obligation or condition of any Material Contract
     (other than the Senior Note Purchase Documents and the Subordinated Note
     Documents) and such failure to perform or observe such other obligation or
     condition continues unremedied for a period of thirty (30) days after
     notice of the occurrence of such default unless, but only as long as, the
     existence of any such default is being contested by the Credit Parties in
     good faith by appropriate proceedings and adequate reserves in respect
     thereof have been established on the books of the Credit Parties to the
     extent required by GAAP; or

          (f) Bankruptcy Default. (i) A Credit Party or any of its Subsidiaries
     shall commence any case, proceeding or other action (A) under any existing
     or future law of any jurisdiction, domestic or foreign, relating to
     bankruptcy, insolvency, reorganization or relief of debtors, seeking to
     have an order for relief entered with respect to it, or seeking to
     adjudicate it a bankrupt or insolvent, or seeking reorganization,
     arrangement, adjustment, winding-up, liquidation, dissolution, composition
     or other relief with respect to it or its debts, or (B) seeking appointment
     of a receiver, trustee, custodian, conservator or other similar official
     for it or for all or any substantial part of its assets, or a Credit Party
     or any of its Subsidiaries shall make a general assignment for the benefit
     of its creditors; or (ii) there shall be commenced against a Credit Party
     or any of its Subsidiaries any case, proceeding or other action of a nature
     referred to in clause (i) above which (A) results in the entry of an order
     for relief or any such adjudication or appointment or (B) remains
     undismissed, undischarged or unbonded for a period of sixty (60) days; or
     (iii) there shall be commenced against a Credit Party or any of its
     Subsidiaries any case, proceeding or other action seeking issuance of a
     warrant of attachment, execution, distraint or similar process against all
     or any substantial part of their assets which results in the entry of an
     order for any such relief which shall not have been vacated, discharged, or
     stayed or bonded pending appeal within sixty (60) days from the entry
     thereof; or (iv) a Credit Party or any of its Subsidiaries shall take any
     action indicating its consent to, approval of, or acquiescence in, any of
     the acts set forth in clause (i), (ii), or (iii) above; or (v) a Credit
     Party or any of its Subsidiaries shall generally not, or shall be unable
     to, or shall admit in writing their inability to, pay its debts as they
     become due; or

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          (g) Judgment Default. One or more judgments or decrees of any court or
     other judicial body for the payment of money shall be entered against a
     Credit Party or any of its Subsidiaries involving in the aggregate a
     liability (to the extent not covered by insurance) of $3,000,000 or more
     and all such judgments or decrees shall not have been paid and satisfied,
     vacated, discharged, stayed or bonded pending appeal within thirty (30)
     days from the entry thereof or any injunction, temporary restraining order
     or similar decree shall be issued against a Credit Party or any of its
     Subsidiaries that, individually or in the aggregate, could result in a
     Material Adverse Effect; or

          (h) ERISA Default. (i) Any Person shall engage in any non-exempt
     "prohibited transaction" (as defined in Section 406 of ERISA or Section
     4975 of the Code) involving any Plan and the aggregate excise tax liability
     and liability for the correction of such transaction would reasonably be
     expected to exceed $3,000,000, (ii) any "accumulated funding deficiency"
     (as defined in Section 302 of ERISA), whether or not waived, shall exist
     with respect to any Plan or any Lien in favor of the PBGC or a Plan (other
     than a Permitted Lien) shall arise on the assets of the Credit Parties or
     any Commonly Controlled Entity, (iii) a Reportable Event shall occur with
     respect to, or proceedings shall commence to have a trustee appointed, or a
     trustee shall be appointed, to administer or to terminate, any Single
     Employer Plan, which Reportable Event or commencement of proceedings or
     appointment of a trustee is, in the reasonable opinion of the Required
     Lenders, likely to result in the termination of such Plan for purposes of
     Title IV of ERISA, (iv) any Single Employer Plan shall terminate for
     purposes of Title IV of ERISA, (v) a Credit Party, any of its Subsidiaries
     or any Commonly Controlled Entity shall, or in the reasonable opinion of
     the Required Lenders is likely to, incur any liability in connection with a
     withdrawal from, or the Insolvency or Reorganization of, any Multiemployer
     Plan or (vi) any other similar event or condition shall occur or exist with
     respect to a Plan, provided, however, that an event described in clauses
     (ii) through (vi) of this Section 6.01(g) shall only be an Event of Default
     if it would reasonably be expected to result in an unfunded vested
     liability under a Plan that is $3,000,000 or more; or

          (i) Change of Control. There shall occur a Change of Control; or

          (j) Invalidity of Guaranty. The Guaranty, for any reason other than
     the satisfaction in full of all Credit Party Obligations, shall cease to be
     in full force and effect (other than in accordance with its terms) or shall
     be declared to be null and void, or any Credit Party shall contest the
     validity or enforceability of the Guaranty or any Credit Document or deny
     that it has any further liability, including with respect to future
     advances by the Lenders, under any Credit Document to which it is a party;
     or

          (k) Invalidity of Credit Documents. Any other Credit Document shall
     fail to be in full force and effect in any material respect or to give the
     Administrative Agent and/or the Lenders the Liens and other material
     rights, powers and privileges purported to be created thereby (except as
     such documents may be terminated or no longer in force and effect in
     accordance with the terms thereof, other than those indemnities and
     provisions which by their terms shall survive) or any Lien shall fail to be
     a perfected Lien

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     (subject to Permitted Liens and subject to the effect of the laws of any
     foreign jurisdiction in which any Collateral is located) on any material
     portion of the Perfection Collateral or any Credit Party shall contest the
     enforceability of any Credit Document or any Lien created thereby; or

          (l) Hedging Agreement. Any termination payment shall be due by a
     Credit Party under any Hedging Agreement and such amount is not paid within
     the later to occur of five (5) Business Days after the due date thereof or
     the expiration of grace periods, if any, in such Hedging Agreement; or

          (m) Subordinated Debt. The subordination provisions contained in any
     Subordinated Debt shall cease to be in full force and effect or to give the
     Lenders the rights, powers and privileges purported to be created thereby;
     or

          (n) Uninsured Loss. Any uninsured damage to or loss, theft or
     destruction of any assets of the Credit Parties or any of their
     Subsidiaries shall occur that is in excess of $3,000,000.

     SECTION 7.2 ACCELERATION; REMEDIES.

     Upon the occurrence and during the continuance of an Event of Default,
then, and in any such event, (a) if such event is an Event of Default specified
in Section 7.1(e) above, automatically the Commitments shall immediately
terminate and the Loans (with accrued interest thereon), and all other amounts
under the Credit Documents (including without limitation the maximum amount of
all contingent liabilities under Letters of Credit) shall immediately become due
and payable, and (b) if such event is any other Event of Default, any or all of
the following actions may be taken: (i) with the written consent of the Required
Lenders, the Administrative Agent may, or upon the written request of the
Required Lenders, the Administrative Agent shall, declare the Commitments to be
terminated forthwith, whereupon the Commitments shall immediately terminate;
(ii) the Administrative Agent may, or upon the written request of the Required
Lenders, the Administrative Agent shall, declare the Loans (with accrued
interest thereon) and all other amounts owing under this Credit Agreement and
the Notes to be due and payable forthwith and direct the Borrower to pay to the
Administrative Agent cash collateral as security for the LOC Obligations for
subsequent drawings under then outstanding Letters of Credit an amount equal to
the maximum amount of which may be drawn under Letters of Credit then
outstanding, whereupon the same shall immediately become due and payable; and/or
(iii) with the written consent of the Required Lenders, the Administrative Agent
may, or upon the written request of the Required Lenders, the Administrative
Agent shall, exercise such other rights and remedies as provided under the
Credit Documents and under applicable law.

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                                  ARTICLE VIII

                            THE ADMINISTRATIVE AGENT

     SECTION 8.1 APPOINTMENT.

     Each Lender hereby irrevocably designates and appoints Wachovia as the
Administrative Agent of such Lender under this Credit Agreement, and each such
Lender irrevocably authorizes Wachovia, as the Administrative Agent for such
Lender, to take such action on its behalf under the provisions of this Credit
Agreement and to exercise such powers and perform such duties as are expressly
delegated to the Administrative Agent by the terms of this Credit Agreement,
together with such other powers as are reasonably incidental thereto. Each
Lender acknowledges that the Credit Parties may rely on each action taken by the
Administrative Agent on behalf of the Lenders hereunder. Notwithstanding any
provision to the contrary elsewhere in this Credit Agreement, the Administrative
Agent shall not have any duties or responsibilities, except those expressly set
forth herein, or any fiduciary relationship with any Lender, and no implied
covenants, functions, responsibilities, duties, obligations or liabilities shall
be read into this Credit Agreement or otherwise exist against the Administrative
Agent.

     SECTION 8.2 DELEGATION OF DUTIES.

     The Administrative Agent may execute any of its duties under this Credit
Agreement by or through agents or attorneys-in-fact and shall be entitled to
advice of counsel concerning all matters pertaining to such duties. The
Administrative Agent shall not be responsible for the negligence or misconduct
of any agents or attorneys-in-fact selected by it with reasonable care. Without
limiting the foregoing, the Administrative Agent may appoint one of its
affiliates as its agent to perform the functions of the Administrative Agent
hereunder relating to the advancing of funds to the Borrower and distribution of
funds to the Lenders and to perform such other related functions of the
Administrative Agent hereunder as are reasonably incidental to such functions.

     SECTION 8.3 EXCULPATORY PROVISIONS.

     Neither the Administrative Agent nor any of its officers, directors,
employees, agents, attorneys-in-fact, Subsidiaries or affiliates shall be (a)
liable to any Lender for any action lawfully taken or omitted to be taken by it
or such Person under or in connection with this Credit Agreement (except for its
or such Person's own gross negligence or willful misconduct) or (b) responsible
in any manner to any of the Lenders for any recitals, statements,
representations or warranties made by any Credit Party or any officer thereof
contained in this Credit Agreement or in any certificate, report, statement or
other document referred to or provided for in, or received by the Administrative
Agent under or in connection with, this Credit Agreement or for the value,
validity, effectiveness, genuineness, enforceability or sufficiency of any of
the Credit Documents or for any failure of any Credit Party to perform its
obligations hereunder or thereunder. The Administrative Agent shall not be under
any obligation to any Lender to ascertain or to inquire as to the observance or
performance by any Credit Party of any of the

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agreements contained in, or conditions of, this Credit Agreement, or to inspect
the properties, books or records of any Credit Party.

     SECTION 8.4 RELIANCE BY ADMINISTRATIVE AGENT.

          (a) The Administrative Agent shall be entitled to rely, and shall be
     fully protected in relying, upon any note, writing, resolution, notice,
     consent, certificate, affidavit, letter, cablegram, telegram, telecopy,
     telex or teletype message, statement, order or other document or
     conversation believed by it in good faith to be genuine and correct and to
     have been signed, sent or made by the proper Person or Persons and upon
     advice and statements of legal counsel (including, without limitation,
     counsel to the Credit Parties), independent accountants and other experts
     selected by the Administrative Agent. The Administrative Agent may deem and
     treat the payee of any Note as the owner thereof for all purposes unless an
     executed Commitment Transfer Supplement has been filed with the
     Administrative Agent pursuant to Section 9.6(c) with respect to the Loans
     evidenced by such Note. The Administrative Agent shall be fully justified
     in failing or refusing to take any action under this Credit Agreement
     unless it shall first receive such advice or concurrence of the Required
     Lenders as it deems appropriate or it shall first be indemnified to its
     satisfaction by the Lenders against any and all liability and expense which
     may be incurred by it by reason of taking or continuing to take any such
     action. The Administrative Agent shall in all cases be fully protected in
     acting, or in refraining from acting, under any of the Credit Documents in
     accordance with a request of the Required Lenders or all of the Lenders, as
     may be required under this Credit Agreement, and such request and any
     action taken or failure to act pursuant thereto shall be binding upon all
     the Lenders and all future holders of the Notes.

          (b) For purposes of determining compliance with the conditions
     specified in Section 4.1, each Lender that has signed this Credit 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.

     SECTION 8.5 NOTICE OF DEFAULT.

     The Administrative Agent shall not be deemed to have knowledge or notice of
the occurrence of any Default or Event of Default hereunder unless the
Administrative Agent has received notice from a Lender or the Borrower referring
to this Credit Agreement, describing such Default or Event of Default and
stating that such notice is a "notice of default". In the event that the
Administrative Agent receives such a notice, the Administrative Agent shall give
prompt notice thereof to the Lenders. The Administrative Agent shall take such
action with respect to such Default or Event of Default as shall be reasonably
directed by the Required Lenders; provided, however, that unless and until the
Administrative Agent shall have received such directions, the Administrative
Agent may (but shall not be obligated to) take such action, or refrain from
taking such action, with respect to such Default or Event of Default as it shall
deem advisable in the best interests of the Lenders except to the extent that
this Credit Agreement

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expressly requires that such action be taken, or not taken, only with the
consent or upon the authorization of the Required Lenders, or all of the
Lenders, as the case may be.

     SECTION 8.6 NON-RELIANCE ON ADMINISTRATIVE AGENT AND OTHER LENDERS.

     Each Lender expressly acknowledges that neither the Administrative Agent
nor any of its officers, directors, employees, agents, attorneys-in-fact or
affiliates has made any representation or warranty to it and that no act by the
Administrative Agent hereinafter taken, including any review of the affairs of
any Credit Party, shall be deemed to constitute any representation or warranty
by the Administrative Agent to any Lender. Each Lender represents to the
Administrative Agent that 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 appraisal of and
investigation into the business, operations, property, financial and other
condition and creditworthiness of the Borrower or any other Credit Party and
made its own decision to make its Loans hereunder and enter into this Credit
Agreement. Each Lender also represents that it will, independently and without
reliance upon the Administrative Agent or any other Lender, and based on such
documents and information as it shall deem appropriate at the time, continue to
make its own credit analysis, appraisals and decisions in taking or not taking
action under this Credit Agreement, and to make such investigation as it deems
necessary to inform itself as to the business, operations, property, financial
and other condition and creditworthiness of the Borrower and the other Credit
Parties. Except for notices, reports and other documents expressly required to
be furnished to the Lenders by the Administrative Agent hereunder, the
Administrative Agent shall not have any duty or responsibility to provide any
Lender with any credit or other information concerning the business, operations,
property, condition (financial or otherwise), prospects or creditworthiness of
the Borrower or any other Credit Party which may come into the possession of the
Administrative Agent or any of its officers, directors, employees, agents,
attorneys-in-fact or affiliates.

     SECTION 8.7 INDEMNIFICATION.

     The Lenders agree to indemnify the Administrative Agent, the Issuing Lender
and their Affiliates and their respective officers, directors, agents and
employees (to the extent not reimbursed by the Borrower and without limiting any
obligation of the Borrower to do so), ratably according to their respective
Revolving Commitment Percentages in effect on the date on which indemnification
is sought under this Section, from and against any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements of any kind whatsoever which may at any time
(including, without limitation, at any time following the payment of the Credit
Party Obligations) be imposed on, incurred by or asserted against any such
indemnitee in any way relating to or arising out of any Credit Document or any
documents contemplated by or referred to herein or therein or the transactions
contemplated hereby or thereby or any action taken or omitted by any such
indemnitee under or in connection with any of the foregoing; provided, however,
that no Lender shall be liable for the payment of any portion of such
liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses or disbursements to the extent resulting from such indemnitee's
gross negligence or willful misconduct, as determined by a court of competent
jurisdiction. The

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agreements in this Section 8.7 shall survive the termination of this Credit
Agreement and payment of the Notes and all other amounts payable hereunder.

     SECTION 8.8 ADMINISTRATIVE AGENT IN ITS INDIVIDUAL CAPACITY.

     The Administrative Agent and its affiliates may make loans to, accept
deposits from and generally engage in any kind of business with the Borrower as
though the Administrative Agent were not the Administrative Agent hereunder.
With respect to its Loans made or renewed by it and any Note issued to it, the
Administrative Agent shall have the same rights and powers under this Credit
Agreement as any Lender and may exercise the same as though it were not the
Administrative Agent, and the terms "Lender" and "Lenders" shall include the
Administrative Agent in its individual capacity.

     SECTION 8.9 SUCCESSOR ADMINISTRATIVE AGENT.

     The Administrative Agent may resign as Administrative Agent upon 30 days'
prior notice to the Borrower and the Lenders. If the Administrative Agent shall
resign as Administrative Agent under this Credit Agreement and the Notes or if
the Administrative Agent enters or becomes subject to receivership, then the
Required Lenders shall appoint from among the Lenders a successor agent for the
Lenders, which successor agent shall be approved by the Borrower with such
approval not to be unreasonably withheld (provided, however if an Event of
Default shall exist at such time, no approval of the Borrower shall be required
hereunder), whereupon such successor agent shall succeed to the rights, powers
and duties of the Administrative Agent, and the term "Administrative Agent"
shall mean such successor agent effective upon such appointment and approval,
and the former Administrative Agent's rights, powers and duties as
Administrative Agent shall be terminated, without any other or further act or
deed on the part of such former Administrative Agent or any of the parties to
this Credit Agreement or any holders of the Notes. After any retiring
Administrative Agent's resignation as Administrative Agent, the provisions of
this Section 8.9 shall inure to its benefit as to any actions taken or omitted
to be taken by it while it was Administrative Agent under this Credit Agreement.

     SECTION 8.10 NATURE OF DUTIES.

     Except as otherwise expressly stated herein, any agent (other than the
Administrative Agent) or arranger listed from time to time on the cover page of
this Credit Agreement shall have no obligations, responsibilities or duties
under this Credit Agreement or under any other Credit Document other than
obligations, responsibilities and duties applicable to all Lenders in their
capacity as Lenders; provided, however, that such agents and arranger shall be
entitled to the same rights, protections, exculpations and indemnifications
granted to the Administrative Agent under this Article VIII in their capacity as
an agent or arranger.

     SECTION 8.11 RELEASES.

     Each of the Lenders hereby authorizes the Administrative Agent to, and the
Administrative Agent will, upon written request of the Borrower, promptly (a)
release the Lien on any Collateral that is sold, transferred or otherwise
disposed of to any Person (other than a

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Credit Party) in a transaction permitted under the terms of this Agreement or
approved by the Required Lenders or (if required under clauses (iv) or (v) of
the proviso to Section 9.1) all the Lenders, (b) release all Liens arising under
the Security Documents on all of the Collateral, if requested by the Borrower,
upon the Borrower obtaining the Release Rating, (c) release any Guarantor from
the Guaranty if all of the Capital Stock of such Guarantor is sold, transferred
or otherwise disposed of, or such Guarantor is merged with or consolidated into,
any Person other than a Credit Party in a transaction permitted under the terms
of this Agreement or approved by the Required Lenders or (if required under
clauses (iv) or (v) of the proviso to Section 9.1) all the Lenders, and (d)
execute, deliver or file any UCC termination statements or other release
documents as may be reasonably requested by any Credit Party to evidence or give
effect to any of the foregoing releases, all such releases and filings to be in
form and substance reasonably satisfactory to the Administrative Agent.

     SECTION 8.12 SYNDICATION AGENT AND DOCUMENTATION AGENT.

     The terms "Syndication Agent" and "Documentation Agent" shall not confer
any rights, powers, duties, liabilities, fiduciary relationships or obligations
under this Credit Agreement or any of the other documents related hereto except
as specifically set forth herein.

                                   ARTICLE IX

                                  MISCELLANEOUS

     SECTION 9.1 AMENDMENTS, WAIVERS AND RELEASE OF COLLATERAL.

     Neither this Credit Agreement nor any of the other Credit Documents, nor
any terms hereof or thereof may be amended, supplemented, waived or modified (by
amendment, waiver, consent or otherwise) except in accordance with the
provisions of this Section nor may Collateral be released except as specifically
provided herein or in the Security Documents or in accordance with the
provisions of this Section 9.1. The Required Lenders may or, with the written
consent of the Required Lenders, the Administrative Agent may, from time to
time, (a) enter into with the Borrower written amendments, supplements or
modifications hereto and to the other Credit Documents for the purpose of adding
any provisions to this Credit Agreement or the other Credit Documents or
changing in any manner the rights of the Lenders or of the Borrower hereunder or
thereunder or (b) waive or consent to the departure from, on such terms and
conditions as the Required Lenders may specify in such instrument, any of the
requirements of this Credit Agreement or the other Credit Documents or any
Default or Event of Default and its consequences; provided, however, that no
such amendment, supplement, modification, release, waiver or consent shall:

               (i) reduce the amount or extend the scheduled date of maturity of
          any Loan or Note or any installment thereon or any reimbursement
          obligation under any Letter of Credit, or reduce the stated rate of
          any interest or fee payable hereunder (except in connection with a
          waiver of interest at the increased post-default rate set forth in
          Section 2.9 which shall be determined by a vote of the

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          Required Lenders) or extend the scheduled date of any payment thereof
          or increase the amount or extend the expiration date of any Lender's
          Commitment, in each case without the written consent of each Lender
          directly affected thereby; provided that, it is understood and agreed
          that any reduction in the stated rate of interest on Revolving Loans
          shall only require the written consent of each Lender holding a
          Revolving Commitment or any Revolving Loan; or

               (ii) amend, modify or waive any provision of this Section 9.1 or
          reduce the percentage specified in the definition of Required Lenders,
          without the written consent of all the Lenders; or

               (iii) amend, modify or waive any provision of Article VIII
          without the written consent of the then Administrative Agent; or

               (iv) release the Borrower or all or substantially all of the
          Guarantors from their obligations under the Guaranty, without the
          written consent of all of the Lenders and Hedging Agreement Providers;
          or

               (v) release all or substantially all of the Collateral without
          the written consent of all of the Lenders and Hedging Agreement
          Providers (except upon the Borrower obtaining the Release Rating); or

               (vi) subordinate the Loans or any Liens under the Security
          Documents to any other Indebtedness or Liens without the written
          consent of all of the Lenders; or

               (vii) permit a Letter of Credit to have an original expiry date
          more than twelve (12) months from the date of issuance without the
          consent of each of the Revolving Lenders; provided, that the expiry
          date of any Letter of Credit may be extended in accordance with the
          terms of Section 2.3(a); or

               (viii) permit the Borrower to assign or transfer any of its
          rights or obligations under this Credit Agreement or other Credit
          Documents without the written consent of all of the Lenders; or

               (ix) amend, modify or waive any provision of the Credit Documents
          requiring consent, approval or request of the Required Lenders or all
          Lenders without the written consent of the Required Lenders or all the
          Lenders as appropriate; or

               (x) amend, modify or waive Section 2.12 without the written
          consent of each Lender and each Hedging Agreement Provider directly
          affected thereby; or

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               (xi) amend the definitions of "Hedging Agreement," "Secured
          Hedging Agreement," or "Hedging Agreement Provider" without the
          consent of any Hedging Agreement Provider that would be adversely
          affected thereby.

provided, further, that no amendment, waiver or consent affecting the rights or
duties of the Administrative Agent, the Issuing Lender or the Swingline Lender
under any Credit Document shall in any event be effective, unless in writing and
signed by the Administrative Agent, the Issuing Lender and/or the Swingline
Lender, as applicable, in addition to the Lenders required hereinabove to take
such action.

     Any such waiver, any amendment, supplement or modification referred to in
this Section 9.1 and any such release shall apply equally to each of the Lenders
and shall be binding upon the Borrower, the other Credit Parties, the Lenders,
the Administrative Agent and all future holders of the Notes. In the case of any
waiver, the Borrower, the other Credit Parties, the Lenders and the
Administrative Agent shall be restored to their former position and rights
hereunder and under the outstanding Loans and Notes and other Credit Documents,
and any Default or Event of Default waived shall be deemed to be cured and not
continuing; but no such waiver shall extend to any subsequent or other Default
or Event of Default, or impair any right consequent thereon.

     Notwithstanding any of the foregoing to the contrary, the consent of the
Borrower and the other Credit Parties shall not be required for any amendment,
modification or waiver of the provisions of Article VIII (other than the
provisions of Sections 8.9 and 8.11) unless the rights or duties of the Borrower
or the other Credit Parties are directly affected thereby; provided, that the
Administrative Agent will provide written notice to the Borrower of any such
amendment, modification or waiver.

     Notwithstanding the fact that the consent of all the Lenders is required in
certain circumstances as set forth above, (a) each Lender is entitled to vote as
such Lender sees fit on any bankruptcy reorganization plan that affects the
Loans, and each Lender acknowledges that the provisions of Section 1126(c) of
the Bankruptcy Code supersedes the unanimous consent provisions set forth herein
and (b) the Required Lenders may consent to allow a Credit Party to use cash
collateral in the context of a bankruptcy or insolvency proceeding.

     The Lenders hereby agree that the Administrative Agent is authorized to
release the Liens in favor of the Administrative Agent, for the benefit of
itself and the Lenders, in all of the Collateral, if requested by the Borrower,
upon the Borrower obtaining the Release Rating, without further notice to or
consent by such Lenders.

     SECTION 9.2 NOTICES.

          (a) Except as otherwise provided in Article II, all notices, requests
     and demands to or upon the respective parties hereto to be effective shall
     be in writing (including by telecopy or other electronic communications as
     provided below), and, unless otherwise expressly provided herein, shall be
     deemed to have been duly given or made (i) when delivered by hand, (ii)
     when transmitted via telecopy (or other facsimile

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     device) to the number set out herein, (iii) the Business Day following the
     day on which the same has been delivered prepaid (or pursuant to an invoice
     arrangement) to a reputable national overnight air courier service, or (iv)
     the third Business Day following the day on which the same is sent by
     certified or registered mail, postage prepaid, in each case, addressed as
     follows in the case of the Borrower, the other Credit Parties and the
     Administrative Agent, and, in the case of each of the Lenders, as set forth
     in such Lender's Administrative Details Form, or to such other address as
     may be hereafter notified by the respective parties hereto and any future
     holders of the Notes:

          The Borrower       Belden CDT Inc.
          and the other      7701 Forsyth, Suite 800
          Credit Parties:    St. Louis, Missouri 63105
                             Attention: Stephen H. Johnson
                             Telecopier: (314) 854-8001
                             Telephone: (314) 854-8017

          The Administrative

                   Agent:    Wachovia Bank, National Association,
                             as Administrative Agent
                             Charlotte Plaza
                             201 South College Street, CP8
                             Charlotte, North Carolina 28288-0680
                             Attention: Richard Wright
                             Telecopier: (704) 383-0288
                             Telephone: (704) 715-9297

                             with a copy to:

                             Wachovia Bank, National Association
                             One Wachovia Center, TW-15
                             Charlotte, North Carolina 28288-0760
                             Attention: David Hall, Agency Management
                             Telecopier: (704) 383-6647
                             Telephone: (704) 383-3727

     provided, that notices given by the Borrower pursuant to Section 2.1 or
     Section 2.10 hereof shall be effective only upon receipt thereof by the
     Administrative Agent.

          (b) Notices and other communications to the Lenders or the
     Administrative Agent 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 pursuant to Article II
     if such Lender, as applicable, has notified the Administrative Agent that
     it is incapable of receiving notices under such Section by electronic
     communication. The Administrative Agent or the Borrower may, in its
     discretion, agree to accept notices and other communications to it
     hereunder by electronic

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     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, (a) 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
     (b)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 (a) of
     notification that such notice or communication is available and identifying
     the website address therefor.

     SECTION 9.3 NO WAIVER; CUMULATIVE REMEDIES.

     No failure to exercise and no delay in exercising, on the part of the
Administrative Agent or any Lender, any right, remedy, power or privilege
hereunder 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 are
cumulative and not exclusive of any rights, remedies, powers and privileges
provided by law.

     SECTION 9.4 SURVIVAL OF REPRESENTATIONS AND WARRANTIES.

     All representations and warranties made hereunder and in any document,
certificate or statement delivered pursuant hereto or in connection herewith
shall survive the execution and delivery of this Credit Agreement and the Notes
and the making of the Loans; provided that all such representations and
warranties shall terminate on the Termination Date.

     SECTION 9.5 PAYMENT OF EXPENSES AND TAXES.

     The Credit Parties agree (a) to pay or reimburse the Administrative Agent
and the Arranger for all their reasonable out-of-pocket costs and expenses
incurred in connection with the development, preparation, negotiation, printing
and execution of, and any amendment, supplement or modification to, this Credit
Agreement and the other Credit Documents, and the consummation and
administration of the transactions contemplated hereby and thereby, together
with the reasonable fees and disbursements of Moore & Van Allen PLLC (counsel to
the Administrative Agent and the Arranger) in connection therewith and no other
counsel therefor, (b) to pay or reimburse each Lender and the Administrative
Agent for all its costs and expenses incurred in connection with the enforcement
or preservation of any rights under this Credit Agreement and the other Credit
Documents, including, without limitation, the reasonable fees and disbursements
of counsel to the Administrative Agent and to the Lenders in connection
therewith, and (c) on demand, to pay, indemnify, and hold each Lender, the
Administrative Agent and the Arranger harmless from, any and all recording and
filing fees and any and all

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liabilities with respect to, or resulting from any delay in paying, stamp,
excise and other similar taxes, if any, which may be payable or determined to be
payable in connection with the execution and delivery of, or consummation or
administration of any of the transactions contemplated by, or any amendment,
supplement or modification of, or any waiver or consent under or in respect of,
the Credit Documents and any such other documents, (d) to pay, indemnify, and
hold each Lender, the Administrative Agent, the Arranger and their Affiliates
and their respective officers, directors, employees, partners, members, counsel,
agents, representatives, advisors and affiliates (collectively called the
"Indemnitees") harmless from and against, any and all other liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements of any kind or nature whatsoever to the extent arising
from third party claims with respect to the execution, delivery, enforcement,
performance and administration of the Credit Documents and the use, or proposed
use, of proceeds of the Loans and (e) to pay any civil penalty or fine assessed
by the U.S. Department of the Treasury's Office of Foreign Assets Control
against, and all reasonable costs and expenses (including counsel fees and
disbursements) incurred in connection with defense thereof by, the
Administrative Agent or any Lender as a result of the funding of Loans, the
issuance of Letters of Credit, the acceptance of payments or of Collateral due
under the Credit Documents (all of the foregoing, collectively, the "Indemnified
Liabilities"); provided, however, that the Borrower shall not have any
obligation hereunder to an Indemnitee with respect to Indemnified Liabilities
arising from the gross negligence, bad faith or willful misconduct of any
Indemnitee, as determined by a court of competent jurisdiction. The agreements
in this Section 9.5 shall survive repayment of the Loans, Notes and all other
amounts hereunder.

     SECTION 9.6 SUCCESSORS AND ASSIGNS; PARTICIPATIONS; PURCHASING LENDERS.

          (a) This Credit Agreement shall be binding upon and inure to the
     benefit of the Credit Parties, the Lenders, the Administrative Agent, all
     future holders of the Notes and their respective successors and assigns,
     except that the Credit Parties may not assign or transfer any of their
     rights or obligations under this Credit Agreement or the other Credit
     Documents without the prior written consent of each Lender.

          (b) Any Lender may, in the ordinary course of its business and in
     accordance with applicable law, at any time sell to one or more banks or
     other entities ("Participants") participating interests in any Loan owing
     to such Lender, any Note held by such Lender, any Commitment of such
     Lender, or any other interest of such Lender hereunder. In the event of any
     such sale by a Lender of participating interests to a Participant, such
     Lender's obligations under this Credit Agreement to the other parties to
     this Credit Agreement shall remain unchanged, such Lender shall remain
     solely responsible for the performance thereof, such Lender shall remain
     the holder of any such Note for all purposes under this Credit Agreement,
     and the Borrower and the Administrative Agent shall continue to deal solely
     and directly with such Lender in connection with such Lender's rights and
     obligations under this Credit Agreement. No Lender shall transfer or grant
     any participation under which the Participant shall have rights to approve
     any amendment to or waiver of this Credit Agreement or any other Credit
     Document except to the extent such amendment or waiver would (i) extend the
     scheduled maturity of any Loan or Note or any installment thereon in which
     such

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     Participant is participating, or reduce the stated rate or extend the time
     of payment of interest or fees thereon (except in connection with a waiver
     of interest at the increased post-default rate set forth in Section 2.10
     which shall be determined by a vote of the Required Lenders) or reduce the
     principal amount thereof, or increase the amount of the Participant's
     participation over the amount thereof then in effect; provided that, it is
     understood and agreed that (A) a waiver of any Default or Event of Default
     shall not constitute a change in the terms of such participation, and (B)
     an increase in any Commitment or Loan shall be permitted without consent of
     any participant if the Participant's participation is not increased as a
     result thereof, (ii) release all or substantially all of the Guarantors
     from their obligations under the Guaranty, (iii) release all or
     substantially all of the Collateral, or (iv) consent to the assignment or
     transfer by the Borrower of any of its rights and obligations under this
     Credit Agreement. In the case of any such participation, the Participant
     shall not have any rights under this Credit Agreement or any of the other
     Credit Documents (the Participant's rights against such Lender in respect
     of such participation to be those set forth in the agreement executed by
     such Lender in favor of the Participant relating thereto) and all amounts
     payable by the Borrower hereunder shall be determined as if such Lender had
     not sold such participation; provided that each Participant shall be
     entitled to the benefits of Sections 2.16, 2.17, 2.18 and 9.5 with respect
     to its participation (A) in the Commitments and the Loans outstanding from
     time to time; provided further, that no Participant shall be entitled to
     receive any greater amount pursuant to such Sections than the transferor
     Lender would have been entitled to receive in respect of the amount of the
     participation transferred by such transferor Lender to such Participant had
     no such transfer occurred and (B) such Participant shall be subject to the
     limitations and obligations set forth in Sections 2.16, 2.17, 2.18 and 9.5
     as if such Participant was a Lender hereunder.

          (c) Any Lender may, in accordance with applicable law, at any time,
     sell or assign to any Lender or any Affiliate or Approved Fund thereof and
     to one or more additional banks, insurance companies, financial
     institutions, investment funds or other entities ("Purchasing Lenders"),
     all or any part of its rights and obligations under this Credit Agreement
     and the Notes in minimum amounts of $2,500,000 with respect to its
     Revolving Commitment and its Revolving Loans (or, if less, the entire
     amount of such Lender's Revolving Commitment and Revolving Loans), pursuant
     to a Commitment Transfer Supplement, executed by such Purchasing Lender,
     such transferor Lender, the Administrative Agent, the Issuing Lender and
     the Borrower (to the extent required), and delivered to the Administrative
     Agent for its acceptance and recording in the Register; provided, however,
     that (i) any sale or assignment to an existing Lender, or Affiliate or
     Approved Fund thereof, shall not require the consent of the Borrower nor
     shall any such sale or assignment be subject to the minimum assignment
     amounts specified herein, and (ii) so long as no Default or Event of
     Default shall have occurred and be continuing, any other sale or assignment
     (except as referred to in subclause (i) above) of a portion of the
     Revolving Loans and a Revolving Loan Commitment shall require the consent
     of the Borrower. Upon such execution, delivery, acceptance and recording,
     from and after the Transfer Effective Date specified in such Commitment
     Transfer Supplement, (A) the Purchasing Lender thereunder shall be a party
     hereto and, to the extent provided in such Commitment Transfer Supplement,
     have the rights and obligations of a Lender hereunder

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     with a Commitment as set forth therein, and (B) the transferor Lender
     thereunder shall, to the extent provided in such Commitment Transfer
     Supplement, be released from its obligations under this Credit Agreement
     (and, in the case of an Commitment Transfer Supplement covering all or the
     remaining portion of a transferor Lender's rights and obligations under
     this Credit Agreement, such transferor Lender shall cease to be a party
     hereto; provided, however, that such Lender shall continue to be entitled
     to any indemnification rights that expressly survive hereunder). Such
     Commitment Transfer Supplement shall be deemed to amend this Credit
     Agreement to the extent, and only to the extent, necessary to reflect the
     addition of such Purchasing Lender and the resulting adjustment of the
     Revolving Commitment Percentage arising from the purchase by such
     Purchasing Lender of all or a portion of the rights and obligations of such
     transferor Lender under this Credit Agreement and the Notes. On or prior to
     the Transfer Effective Date specified in such Commitment Transfer
     Supplement, the Borrower, at its own expense, shall execute and deliver to
     the Administrative Agent in exchange for the Notes delivered to the
     Administrative Agent pursuant to such Commitment Transfer Supplement new
     Notes to the order of such Purchasing Lender in an amount equal to the
     Commitment assumed by it pursuant to such Commitment Transfer Supplement
     and, unless the transferor Lender has not retained a Commitment hereunder,
     new Notes to the order of the transferor Lender in an amount equal to the
     Commitment retained by it hereunder. Such new Notes shall be dated the
     Closing Date and shall otherwise be in the form of the Notes replaced
     thereby. Notwithstanding anything to the contrary contained in this Section
     9.6, a Lender may assign any or all of its rights under this Credit
     Agreement to an Affiliate or an Approved Fund of such Lender without
     delivering an Commitment Transfer Supplement to the Administrative Agent;
     provided, however, that (x) the Credit Parties and the Administrative Agent
     may continue to deal solely and directly with such assigning Lender until
     an Commitment Transfer Supplement has been delivered to the Administrative
     Agent for recordation on the Register, (y) the failure of such assigning
     lender to deliver a Commitment Transfer Supplement to the Administrative
     Agent shall not affect the legality, validity or binding effect of such
     assignment and (z) an Commitment Transfer Supplement between the assigning
     Lender an Affiliate or Approved Fund of such Lender shall be effective as
     of the date specified in such Commitment Transfer Supplement.

          (d) The Administrative Agent shall maintain at its address referred to
     in Section 9.2 a copy of each Commitment Transfer Supplement delivered to
     it and a register (the "Register") for the recordation of the names and
     addresses of the Lenders and the Commitment of, and principal amount of the
     Loans owing to, each Lender from time to time. A Loan (and the related
     Note) recorded on the Register may be assigned or sold in whole or in part
     upon registration of such assignment or sale on the Register. The entries
     in the Register shall be presumed correct in the absence of demonstrable
     error, and the Borrower, the Administrative Agent and the Lenders may treat
     each Person whose name is recorded in the Register as the owner of the Loan
     recorded therein for all purposes of this Credit Agreement. The Register
     shall be available for inspection by the Borrower or any Lender at any
     reasonable time and from time to time upon reasonable prior notice. In the
     case of an assignment pursuant to the last sentence of Section 9.6(c) as to
     which an Commitment Transfer Supplement is not delivered to the
     Administrative

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     Agent, the assigning Lender shall, acting solely for this purpose as a
     non-fiduciary agent of the Credit Parties, maintain a comparable register
     on behalf of the Credit Parties. In the event that any Lender sells
     participations in a Loan recorded on the Register, such Lender shall
     maintain, as agent of the Borrower, a register on which it enters the name
     of all participants in such Loans held by it (the "Participant Register").
     A Loan recorded on the Register (and the registered Note, if any,
     evidencing the same) may be participated in whole or in part only by
     registration of such participation on the Participant Register (and each
     registered Note shall expressly so provide). Any participation of such Loan
     recorded on the Register (and the registered Note, if any, evidencing the
     same) may be effected only by the registration of such participation on the
     Participant Register.

          (e) Upon its receipt of a duly executed Commitment Transfer
     Supplement, together with payment to the Administrative Agent by the
     transferor Lender or the Purchasing Lender, as agreed between them, of a
     registration and processing fee of $3,500 for each Purchasing Lender listed
     in such Commitment Transfer Supplement and the Notes subject to such
     Commitment Transfer Supplement, the Administrative Agent shall (i) accept
     such Commitment Transfer Supplement, (ii) record the information contained
     therein in the Register and (iii) give prompt notice of such acceptance and
     recordation to the Lenders and the Borrower.

          (f) The Borrower authorizes each Lender to disclose to any Participant
     or Purchasing Lender (each, a "Transferee") and any prospective Transferee
     any and all financial information in such Lender's possession concerning
     the Borrower and its Subsidiaries which has been delivered to such Lender
     by or on behalf of the Borrower pursuant to this Credit Agreement or which
     has been delivered to such Lender by or on behalf of the Borrower in
     connection with such Lender's credit evaluation of the Borrower and its
     Affiliates prior to becoming a party to this Credit Agreement, in each case
     subject to Section 9.15.

          (g) At the time of each assignment pursuant to this Section 9.6 to a
     Person which is not already a Lender hereunder and which is not a United
     States person (as such term is defined in Section 7701(a)(30) of the Code)
     for Federal income tax purposes, the respective assignee Lender shall
     provide to the Borrower and the Administrative Agent the appropriate
     Internal Revenue Service Forms (and, if applicable, a Tax Exempt
     Certificate) described in Section 2.19.

          (h) Nothing herein shall prohibit any Lender from pledging or
     assigning any of its rights under this Credit Agreement (including, without
     limitation, any right to payment of principal and interest under any Note)
     to secure obligations of such Lender, including without limitation, (i) any
     pledge or assignment to secure obligations to a Federal Reserve Bank and
     (ii) in the case of any Lender that is a fund or trust or entity that
     invests in commercial bank loans in the ordinary course of business, any
     pledge or assignment to any holders of obligations owed, or securities
     issued, by such Lender including to any trustee for, or any other
     representative of, such holders; it being understood that the requirements
     for assignments set forth in this Section 9.6 shall not apply to any such
     pledge or assignment of a security interest, except with respect to any

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     foreclosure or similar action taken by such pledgee or assignee with
     respect to such pledge or assignment; provided that no such pledge or
     assignment of a security interest shall release a Lender from any of its
     obligations hereunder or substitute any such pledgee or assignee for such
     Lender as a party hereto and no such pledgee or assignee shall have any
     voting rights under this Credit Agreement unless and until the requirements
     for assignments set forth in this Section 9.6 are complied with in
     connection with any foreclosure or similar action taken by such pledgee or
     assignee.

     SECTION 9.7 ADJUSTMENTS; SET-OFF.

          (a) Each Lender agrees that if any Lender (a "benefited Lender") shall
     at any time receive any payment of all or part of its Loans, or interest
     thereon, or receive any collateral in respect thereof (whether voluntarily
     or involuntarily, by set-off, pursuant to a Bankruptcy Event or otherwise)
     in a greater proportion than any such payment to or collateral received by
     any other Lender, if any, in respect of such other Lender's Loans, or
     interest thereon, such benefited Lender shall purchase for cash from the
     other Lenders a participating interest in such portion of each such other
     Lender's Loan, or shall provide such other Lenders with the benefits of any
     such collateral, or the proceeds thereof, as shall be necessary to cause
     such benefited Lender to share the excess payment or benefits of such
     collateral or proceeds ratably with each of the Lenders; provided, however,
     that if all or any portion of such excess payment or benefits is thereafter
     recovered from such benefited Lender, such purchase shall be rescinded, and
     the purchase price and benefits returned, to the extent of such recovery,
     but without interest. The Borrower agrees that each Lender so purchasing a
     portion of another Lender's Loans may exercise all rights of payment
     (including, without limitation, rights of set-off) with respect to such
     portion as fully as if such Lender were the direct holder of such portion.

          (b) In addition to any rights and remedies of the Lenders provided by
     law (including, without limitation, other rights of set-off), each Lender
     shall have the right, without prior notice to the Borrower or the
     applicable Credit Party, any such notice being expressly waived by the
     Credit Parties to the extent permitted by applicable law, upon the
     occurrence and during the continuance of any Event of Default, to setoff
     and appropriate and apply any and all deposits (general or special, time or
     demand, provisional or final), in any currency, and any other credits,
     indebtedness or claims, in any currency, in each case whether direct or
     indirect, absolute or contingent, matured or unmatured, and whether the
     obligations owing to such Lender are fully secured, at any time held by or
     owing to such Lender or any branch or agency thereof to or for the credit
     or the account of the Borrower or any other Credit Party, or any part
     thereof in such amounts as such Lender may elect, against and on account of
     the Loans and other Credit Party Obligations of the Borrower and the other
     Credit Parties to the Administrative Agent and the Lenders and claims of
     every nature and description of the Administrative Agent and the Lenders
     against the Borrower and the other Credit Parties, in any currency, whether
     arising hereunder, under any other Credit Document or any Secured Hedging
     Agreement pursuant to the terms of this Credit Agreement, as such Lender
     may elect, whether or not the Administrative Agent or the Lenders have made
     any demand for payment and although such obligations, liabilities and
     claims may be contingent or unmatured. The

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     aforesaid right of set-off may be exercised by such Lender against the
     Borrower, any other Credit Party or against any trustee in bankruptcy,
     debtor in possession, assignee for the benefit of creditors, receiver or
     execution, judgment or attachment creditor of the Borrower or any other
     Credit Party, or against anyone else claiming through or against the
     Borrower, any other Credit Party or any such trustee in bankruptcy, debtor
     in possession, assignee for the benefit of creditors, receiver, or
     execution, judgment or attachment creditor, notwithstanding the fact that
     such right of set-off shall not have been exercised by such Lender prior to
     the occurrence of any Event of Default. Each Lender agrees promptly to
     notify the Borrower and the Administrative Agent after any such set-off and
     application made by such Lender; provided, however, that the failure to
     give such notice shall not affect the validity of such set-off and
     application.

     SECTION 9.8 TABLE OF CONTENTS AND SECTION HEADINGS.

     The table of contents and the Section and subsection headings herein are
intended for convenience only and shall be ignored in construing this Credit
Agreement.

     SECTION 9.9 COUNTERPARTS.

     This Credit Agreement may be executed by one or more of the parties to this
Credit Agreement on any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument. A set of the copies of this Credit Agreement signed by all the
parties shall be lodged with the Borrower and the Administrative Agent.

     SECTION 9.10 EFFECTIVENESS.

     This Credit Agreement shall become effective on the date on which all of
the parties have signed a copy hereof (whether the same or different copies) and
shall have delivered the same to the Administrative Agent pursuant to Section
9.2 or, in the case of the Lenders, shall have given to the Administrative Agent
written, telecopied, electronically mailed or telex notice (actually received)
at such office that the same has been signed and mailed to it.

     SECTION 9.11 SEVERABILITY.

     Any provision of this Credit Agreement which is prohibited or unenforceable
in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent
of such prohibition or unenforceability without invalidating the remaining
provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction.

     SECTION 9.12 INTEGRATION.

     This Credit Agreement and the other Credit Documents represent the
agreement of the Borrower, the other Credit Parties, the Administrative Agent
and the Lenders with respect to the subject matter hereof, and there are no
promises, undertakings, representations or warranties by

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the Administrative Agent, the Borrower, the other Credit Parties, or any Lender
relative to the subject matter hereof not expressly set forth or referred to
herein or therein.

     SECTION 9.13 GOVERNING LAW.

     This Credit Agreement and, unless otherwise specified therein, each other
Credit Document and the rights and obligations of the parties under this Credit
Agreement and such other Credit Document shall be governed by, and construed and
interpreted in accordance with, the law of the State of New York without regard
to conflict of laws principles thereof (other than Sections 5-1401 and 5-1402 of
the New York General Obligations Law).

     SECTION 9.14 CONSENT TO JURISDICTION AND SERVICE OF PROCESS.

     All judicial proceedings brought against the Borrower and/or any other
Credit Party with respect to this Credit Agreement, any Note or any of the other
Credit Documents may be brought in any state or federal court of competent
jurisdiction in the State of New York, and, by execution and delivery of this
Credit Agreement, the Borrower and each of the other Credit Parties accepts, for
itself and in connection with its properties, generally and unconditionally, the
non-exclusive jurisdiction of the aforesaid courts and irrevocably agrees to be
bound by any final judgment rendered thereby in connection with this Credit
Agreement from which no appeal has been taken or is available. The Borrower and
each of the other Credit Parties irrevocably agree that all service of process
in any such proceedings in any such court may be effected by mailing a copy
thereof by registered or certified mail (or any substantially similar form of
mail), postage prepaid, to it at its address set forth in Section 9.2 or at such
other address of which the Administrative Agent shall have been notified
pursuant thereto, such service being hereby acknowledged by the Borrower and the
other Credit Parties to be effective and binding service in every respect. The
Borrower, the other Credit Parties, the Administrative Agent and the Lenders
irrevocably waive any objection, including, without limitation, any objection to
the laying of venue or based on the grounds of forum non conveniens which it may
now or hereafter have to the bringing of any such action or proceeding in any
such jurisdiction. Nothing herein shall affect the right to serve process in any
other manner permitted by law or shall limit the right of any Lender to bring
proceedings against the Borrower or the other Credit Parties in the court of any
other jurisdiction.

     SECTION 9.15 CONFIDENTIALITY.

     The Administrative Agent and each of the Lenders agrees that it will not
disclose without the prior consent of the Borrower any information (the
"Information") with respect to the Credit Parties and their Subsidiaries which
is furnished pursuant to this Credit Agreement, any other Credit Document or any
documents contemplated by or referred to herein or therein, except that any
Lender may disclose any such Information (a) to its employees, affiliates,
auditors or counsel on a need-to-know basis or to another Lender, (b) as has
become generally available to the public other than by a breach of this Section
9.15, (c) as may be required in any report, statement or testimony submitted to
any municipal, state or federal regulatory body having or claiming to have
jurisdiction over such Lender such as the Federal Reserve Board or the Federal
Deposit Insurance Corporation or the Office of the Comptroller of the Currency
or the National

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Association of Insurance Commissioners or similar organizations (whether in the
United States or elsewhere) or their successors, (d) as may be required in
response to any summons or subpoena or any law, order, regulation or ruling
applicable to such Lender, (e) to (i) any prospective Participant or assignee in
connection with any contemplated transfer pursuant to Section 9.6 or (ii) any
actual or prospective counterparty (or its advisors) to any swap or derivative
transaction relating to the Borrower, provided that such prospective transferee
or counterparty shall have been made aware of this Section 9.15 and shall have
agreed to be bound by its provisions as if it were a party to this Credit
Agreement, (f) to Gold Sheets and other similar bank trade publications; such
disclosed information to consist only of deal terms and other information
regarding the credit facilities evidenced by this Credit Agreement customarily
found in such publications, (g) to the extent reasonably required, in connection
with any suit, action or proceeding for the purpose of defending itself,
reducing its liability, or protecting or exercising any of its claims, rights,
remedies or interests under or in connection with the Credit Documents or any
Secured Hedging Agreement, (h) to any direct or indirect contractual
counterparty in swap agreements or such contractual counterparty's professional
advisor (so long as such contractual counterparty or professional advisor to
such contractual counterparty agrees to be bound by the provisions of this
Section 9.15 as if it were a party to this Credit Agreement), (i) any nationally
recognized rating agency that requires access to customary information about a
Lender's investment portfolio in connection with ratings issued with respect to
such Lender, (j) to a Person that is an investor or prospective investor in a
Securitization (as defined below) that agrees that its access to information
regarding the Borrower and the Loans is solely for purposes of evaluating an
investment in such Securitization; provided that such Person shall have been
made aware of this Section 9.15 and shall have agreed to be bound by its
provisions as if it were a party to this Credit Agreement, (k) to a Person that
is a trustee, collateral manager, servicer, noteholder or secured party in a
Securitization in connection with the administration, servicing and reporting on
the assets serving as collateral for such Securitization; provided that such
Person shall have been made aware of this Section 9.15 and shall have agreed to
be bound by its provisions as if it were a party to this Credit Agreement, or
(l) to a nationally recognized rating agency that requires access to information
regarding the Borrower and the Loans in connection with ratings issued with
respect to a Securitization. For purposes of this Section "Securitization" shall
mean a public or private offering by a Lender or any of its affiliates or their
respective successors and assigns, of securities which represent an interest in,
or which are collateralized in whole or in part by, the Loans. Unless
specifically prohibited by applicable law or court order, each of the Lenders
and the Administrative Agent shall, prior to its disclosure of Information
pursuant to subsections (c) and (d) above, use reasonable efforts to notify the
Borrower of any request for disclosure of any such information.

     SECTION 9.16 ACKNOWLEDGMENTS.

     The Borrower and the other Credit Parties each hereby acknowledges that:

          (a) it has been advised by counsel in the negotiation, execution and
     delivery of each Credit Document;

          (b) neither the Administrative Agent nor any Lender has any fiduciary
     relationship with or duty to the Borrower or any other Credit Party arising
     out of or in

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     connection with this Credit Agreement and the relationship between the
     Administrative Agent and the Lenders, on one hand, and the Borrower and the
     other Credit Parties, on the other hand, in connection herewith is solely
     that of debtor and creditor; and

          (c) no joint venture exists among the Lenders or among the Borrower or
     the other Credit Parties and the Lenders.

     SECTION 9.17 WAIVERS OF JURY TRIAL; WAIVER OF CONSEQUENTIAL DAMAGES.

     THE BORROWER, THE OTHER CREDIT PARTIES, THE ADMINISTRATIVE AGENT AND THE
LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE, TO THE EXTENT PERMITTED BY
APPLICABLE LAW, TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS
CREDIT AGREEMENT OR ANY OTHER CREDIT DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.
Each of the Borrower, the other Credit Parties, the Administrative Agent and the
Lenders agree not to assert any claim against any other party to this Credit
Agreement or any their respective directors, officers, employees, attorneys,
Affiliates or agents, on any theory of liability, for special, indirect,
consequential or punitive damages arising out of or otherwise relating to any of
the transactions contemplated herein.

     SECTION 9.18 PATRIOT ACT NOTICE.

     Each Lender and the Administrative Agent (for itself and not on behalf of
any other party) hereby notifies the Borrower that, pursuant to the requirements
of the USA Patriot Act, Title III of Pub. L. 107-56, signed into law October 26,
2001 (the "Patriot Act"), it is required to obtain, verify and record
information that identifies the Borrower, which information includes the name
and address of the Borrower and other information that will allow such Lender or
the Administrative Agent, as applicable, to identify the Borrower in accordance
with the Patriot Act.

                                    ARTICLE X

                                    GUARANTY

     SECTION 10.1 THE GUARANTY.

     In order to induce the Lenders to enter into this Credit Agreement and any
Hedging Agreement Provider to enter into any Secured Hedging Agreement and to
extend credit hereunder and thereunder and in recognition of the direct benefits
to be received by the Guarantors from the Extensions of Credit hereunder and any
Secured Hedging Agreement, each of the Guarantors hereby agrees with the
Administrative Agent, the Lenders and the Hedging Agreement Providers as
follows: the Guarantor hereby unconditionally and irrevocably jointly and
severally guarantees as primary obligor and not merely as surety the full and
prompt payment when due, whether upon maturity, by acceleration or otherwise, of
any and all Credit Party Obligations. If any or all of the Credit Party
Obligations become due and payable, each Guarantor unconditionally promises to
pay such indebtedness to the Administrative Agent, the

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Lenders, the Hedging Agreement Providers, or their respective order, or demand,
together with any and all reasonable expenses which may be incurred by the
Administrative Agent or the Lenders in collecting any of the Credit Party
Obligations. The Guaranty set forth in this Article X is a guaranty of timely
payment and not of collection.

     Notwithstanding any provision to the contrary contained herein or in any
other of the Credit Documents, to the extent the obligations of a Guarantor
shall be adjudicated to be invalid or unenforceable for any reason (including,
without limitation, because of any applicable state or federal law relating to
fraudulent conveyances or transfers) then the obligations of each such Guarantor
hereunder shall be limited to the maximum amount that is permissible under
applicable law (whether federal or state and including, without limitation, the
Bankruptcy Code).

     SECTION 10.2 BANKRUPTCY.

     Additionally, each of the Guarantors unconditionally and irrevocably
guarantees jointly and severally the payment of any and all Credit Party
Obligations of the Borrower to the Lenders and any Hedging Agreement Provider
whether or not then due or payable by the Borrower upon the occurrence of any of
the events specified in Section 7.1(f), and unconditionally upon such occurrence
promises to pay (to the extent unpaid) such Credit Party Obligations to the
Administrative Agent for the account of the Lenders and to any such Hedging
Agreement Provider, or order, on demand, in lawful money of the United States.
Each of the Guarantors further agrees that to the extent that the Borrower or a
Guarantor shall make a payment or a transfer of an interest in any property to
the Administrative Agent, any Lender or any Hedging Agreement Provider, which
payment or transfer or any part thereof is subsequently invalidated, declared to
be fraudulent or preferential, or otherwise is avoided, and/or required to be
repaid to the Borrower or a Guarantor, the estate of the Borrower or a
Guarantor, a trustee, receiver or any other party under any bankruptcy law,
state or federal law, common law or equitable cause, then to the extent of such
avoidance or repayment, the obligation or part thereof intended to be satisfied
shall be revived and continued in full force and effect as if said payment had
not been made.

     SECTION 10.3 NATURE OF LIABILITY.

     The liability of each Guarantor hereunder is exclusive and independent of
any security for or other guaranty of the Credit Party Obligations of the
Borrower whether executed by any such Guarantor, any other guarantor or by any
other party, and no Guarantor's liability hereunder shall be affected or
impaired by (a) any direction as to application of payment by the Borrower or by
any other party, or (b) any other continuing or other guaranty, undertaking or
maximum liability of a guarantor or of any other party as to the Credit Party
Obligations of the Borrower, or (c) any payment on or in reduction of any such
other guaranty or undertaking (except to the extent the Credit Party Obligations
are reduced thereby), or (d) any dissolution, termination or increase, decrease
or change in personnel by the Borrower, or (e) any payment made to the
Administrative Agent, the Lenders or any Hedging Agreement Provider on the
Credit Party Obligations which the Administrative Agent, such Lenders or such
Hedging Agreement Provider subsequently repay the Borrower pursuant to court
order in any bankruptcy, reorganization, arrangement, moratorium or other debtor
relief proceeding, and each of the Guarantors waives

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any right to the deferral or modification of its obligations hereunder by reason
of any such proceeding.

     SECTION 10.4 INDEPENDENT OBLIGATION.

     The obligations of each Guarantor hereunder are independent of the
obligations of any other Guarantor or the Borrower, and a separate action or
actions may be brought and prosecuted against each Guarantor whether or not
action is brought against any other Guarantor or the Borrower and whether or not
any other Guarantor or the Borrower is joined in any such action or actions.
Subject to the provision of Section 10.2 regarding revival of Credit Party
Obligations, the Guarantors' joint and several liability with respect to the
Credit Party Obligations shall not obligate them to pay any Credit Party
Obligations which have already been satisfied.

     SECTION 10.5 AUTHORIZATION.

     Each of the Guarantors authorizes the Administrative Agent, each Lender and
each Hedging Agreement Provider without notice or demand (except as shall be
required by applicable statute and cannot be waived), and without affecting or
impairing its liability hereunder, from time to time to (a) renew, compromise,
extend, increase, accelerate or otherwise change the time for payment of, or
otherwise change the terms of the Credit Party Obligations or any part thereof
in accordance with this Credit Agreement and any Secured Hedging Agreement, as
applicable, including any increase or decrease of the rate of interest thereon,
(b) take and hold security from any Guarantor or any other party for the payment
of this Guaranty or the Credit Party Obligations and exchange, enforce waive and
release any such security, (c) apply such security and direct the order or
manner of sale thereof as the Administrative Agent and the Lenders in their
discretion may determine and (d) release or substitute any one or more
endorsers, Guarantors, the Borrower or other obligors.

     SECTION 10.6 RELIANCE.

     It is not necessary for the Administrative Agent, the Lenders or any
Hedging Agreement Provider to inquire into the capacity or powers of the
Borrower or the officers, directors, members, partners or agents acting or
purporting to act on its behalf, and any Credit Party Obligations made or
created in reliance upon the professed exercise of such powers shall be
guaranteed hereunder.

     SECTION 10.7 WAIVER.

          (a) Each of the Guarantors waives any right (except as shall be
     required by applicable statute and cannot be waived) to require the
     Administrative Agent, any Lender or any Hedging Agreement Provider to (i)
     proceed against the Borrower, any other guarantor or any other party, (ii)
     proceed against or exhaust any security held from the Borrower, any other
     guarantor or any other party, or (iii) pursue any other remedy in the
     Administrative Agent's, any Lender's or any Hedging Agreement Provider's
     power whatsoever. Each of the Guarantors waives any defense based on or
     arising out of any defense of the Borrower, any other guarantor or any
     other party other than payment in

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     full of the Credit Party Obligations (other than contingent indemnity
     obligations), including without limitation any defense based on or arising
     out of the disability of the Borrower, any other guarantor or any other
     party, or the unenforceability of the Credit Party Obligations or any part
     thereof from any cause, or the cessation from any cause of the liability of
     the Borrower other than payment in full of the Credit Party Obligations.
     The Administrative Agent may, at its election, foreclose on any security
     held by the Administrative Agent by one or more judicial or nonjudicial
     sales (to the extent such sale is permitted by applicable law), or exercise
     any other right or remedy the Administrative Agent or any Lender may have
     against the Borrower or any other party, or any security, without affecting
     or impairing in any way the liability of any Guarantor hereunder except to
     the extent the Credit Party Obligations have been paid in full and the
     Commitments have been terminated. Each of the Guarantors waives any defense
     arising out of any such election by the Administrative Agent or any of the
     Lenders, even though such election operates to impair or extinguish any
     right of reimbursement or subrogation or other right or remedy of the
     Guarantors against the Borrower or any other party or any security.

          (b) Each of the Guarantors waives all presentments, demands for
     performance, protests and notices, including without limitation notices of
     nonperformance, notice of protest, notices of dishonor, notices of
     acceptance of this Guaranty, and notices of the existence, creation or
     incurring of new or additional Credit Party Obligations. Each Guarantor
     assumes all responsibility for being and keeping itself informed of the
     Borrower's financial condition and assets, and of all other circumstances
     bearing upon the risk of nonpayment of the Credit Party Obligations and the
     nature, scope and extent of the risks which such Guarantor assumes and
     incurs hereunder, and agrees that neither the Administrative Agent nor any
     Lender shall have any duty to advise such Guarantor of information known to
     it regarding such circumstances or risks.

          (c) Each of the Guarantors hereby agrees it will not exercise any
     rights of subrogation which it may at any time otherwise have as a result
     of this Guaranty (whether contractual, under Section 509 of the U.S.
     Bankruptcy Code, or otherwise) to the claims of the Lenders or any Hedging
     Agreement Provider against the Borrower or any other guarantor of the
     Credit Party Obligations of the Borrower owing to the Lenders or such
     Hedging Agreement Provider (collectively, the "Other Parties") and all
     contractual, statutory or common law rights of reimbursement, contribution
     or indemnity from any Other Party which it may at any time otherwise have
     as a result of this Guaranty until such time as the Credit Party
     Obligations shall have been paid in full and the Commitments have been
     terminated. Each of the Guarantors hereby further agrees not to exercise
     any right to enforce any other remedy which the Administrative Agent, the
     Lenders or any Hedging Agreement Provider now have or may hereafter have
     against any Other Party, any endorser or any other guarantor of all or any
     part of the Credit Party Obligations of the Borrower and any benefit of,
     and any right to participate in, any security or collateral given to or for
     the benefit of the Lenders and/or the Hedging Agreement Providers to secure
     payment of the Credit Party Obligations of the Borrower until such time as
     the Credit Party Obligations (other than contingent indemnity obligations)
     shall have been paid in full and the Commitments have been terminated.

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<PAGE>

     SECTION 10.8 LIMITATION ON ENFORCEMENT.

     The Lenders and the Hedging Agreement Providers agree that this Guaranty
may be enforced only by the action of the Administrative Agent acting upon the
instructions of the Required Lenders or such Hedging Agreement Provider (only
with respect to obligations under the applicable Secured Hedging Agreement) and
that no Lender or Hedging Agreement Provider shall have any right individually
to seek to enforce or to enforce this Guaranty, it being understood and agreed
that such rights and remedies may be exercised by the Administrative Agent for
the benefit of the Lenders under the terms of this Credit Agreement and for the
benefit of any Hedging Agreement Provider under any Secured Hedging Agreement.
The Lenders and the Hedging Agreement Providers further agree that this Guaranty
may not be enforced against any director, officer, member, partner, employee or
stockholder of the Guarantors.

     SECTION 10.9 CONFIRMATION OF PAYMENT.

     The Administrative Agent and the Lenders will, at any time on or after the
Termination Date, upon the Borrower's or any Guarantor's written request, at the
sole cost and expense of the Credit Parties, confirm to the Borrower, the
Guarantors or any other Person that such indebtedness and obligations have been
paid and the Commitments relating thereto terminated, subject to the provisions
of Section 10.2.

                            [Signature Pages Follow]

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<PAGE>

                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

     IN WITNESS WHEREOF, the parties hereto have caused this Credit Agreement to
be duly executed and delivered by its proper and duly authorized officers as of
the day and year first above written.

BORROWER:                               BELDEN CDT INC.,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

GUARANTORS:                             BELDEN WIRE & CABLE COMPANY,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

                                        BELDEN CDT NETWORKING, INC.,
                                        a Washington corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

                                        NORDX/CDT CORP.,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

                                        THERMAX/CDT, INC.,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson

<PAGE>

                                        Title: Treasurer

                                        BELDEN HOLDINGS, INC.,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

                                        BELDEN TECHNOLOGIES, INC.,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

                                        BELDEN INC.,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

                                        CDT INTERNATIONAL HOLDINGS INC.,
                                        a Delaware corporation

                                        By: /s/ Stephen H. Johnson
                                            ------------------------------------
                                        Name: Stephen H. Johnson
                                        Title: Treasurer

<PAGE>

                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

ADMINISTRATIVE AGENT
AND LENDERS:                            WACHOVIA BANK, NATIONAL
                                        ASSOCIATION, as Administrative Agent
                                        and as a Lender

                                        By: /s/ David K. Hall
                                            ------------------------------------
                                        Name: David K. Hall
                                        Title: Director
<PAGE>
                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

                                            U.S. BANK NATIONAL ASSOCIATION, as a
                                            Lender

                                            By: /s/ John Holland
                                               ---------------------------------
                                            Name: John Holland
                                            Title: Senior Vice President

<PAGE>
                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

                                            BANK OF AMERICA, N.A., as a Lender

                                            By: /s/ Irene Bertozzi Bartenstein
                                               ---------------------------------
                                            Name: Irene Bertozzi Bartenstein
                                            Title: Principal

<PAGE>
                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

                                            NATIONAL CITY BANK OF THE MIDWEST,
                                            as a Lender

                                            By: /s/ Eric Hartman
                                               ---------------------------------
                                            Name: Eric Hartman
                                            Title: Vice President

<PAGE>
                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

                                            COMERICA BANK, as a Lender

                                            By: /s/ Mark J. Leveille
                                               ---------------------------------
                                            Name: Mark J. Leveille
                                            Title: Assistant Vice President

<PAGE>
                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

                                            FIFTH THIRD BANK, as a Lender

                                            By: /s/ Shawn D. Hagan
                                               ---------------------------------
                                            Name: Shawn D. Hagan
                                            Title: Vice President

<PAGE>
                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

                                         THE NORTHERN TRUST COMPANY, as a Lender

                                         By: /s/ Fredric W. McClendon
                                            ------------------------------------
                                         Name: Fredric W. McClendon
                                         Title: Vice President

<PAGE>
                                 BELDEN CDT INC.
                                CREDIT AGREEMENT

                                            ING BANK NV, as a Lender

                                            By: /s/ B.F.G. Jacobs
                                               ---------------------------------
                                            Name: B.F.G. Jacobs
                                            Title: Pr. Relationship Manager

                                            ING BANK N.V.,
                                            Handesregister ur. 31.431, Amsterdam

                                            By: /s/
                                               ---------------------------------
                                            Name: P.A.l.v. Vuwron
                                            Title: Director
<PAGE>

                                 Schedule 1.1(a)

                                    [FORM OF]
                           ACCOUNT DESIGNATION LETTER

                              ____________, ______

Wachovia Bank, National Association,
as Administrative Agent
Charlotte Plaza
201 South College Street, CP-8
Charlotte, North Carolina 28288-0680
Attn: Syndication Agency Services

Ladies and Gentlemen:

     This Account Designation Letter is delivered to you by Belden CDT Inc., a
Delaware corporation (the "Borrower"), under the Credit Agreement, dated as of
January 24, 2006 (as amended, restated, supplemented or otherwise modified, the
"Credit Agreement"), by and among the Borrower, the Material Domestic
Subsidiaries of the Borrower from time to time party thereto (collectively the
"Guarantors"), the lenders from time to time party thereto (the "Lenders"), and
Wachovia Bank, National Association, as administrative agent for the Lenders
(the "Administrative Agent"). Capitalized terms used herein and not otherwise
defined shall have the meanings set forth in the Credit Agreement.

     The Administrative Agent is hereby authorized to disburse all Loan proceeds
into the following account, unless the Borrower shall designate, in writing to
the Administrative Agent, one or more other accounts:

                     [_________________________________]
                     ABA Routing Number [_______]
                     Account #[__________]

     Notwithstanding the foregoing, on the Closing Date, funds borrowed under
the Credit Agreement shall be sent to the institutions and/or persons designated
on payment instructions to be delivered separately.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

     IN WITNESS WHEREOF, the undersigned has executed this Account Designation
Letter as of the day and year first above written.

                                        BELDEN CDT INC.,
                                        a Delaware corporation

                                        By:
                                            -----------------------------------
                                        Name:
                                              ---------------------------------
                                        Title:
                                              ---------------------------------
<PAGE>

BELDEN CDT INC.
SCHEDULE 1.1(B)
INVESTMENTS

<TABLE>
<CAPTION>
INVESTOR                            INVESTEE                                      OWNERSHIP INTEREST            DEBT
--------                            --------                                      ------------------            ----
<S>                                 <C>                                       <C>                          <C>
Belden CDT Inc.                     Belden Inc.                                         100%
                                    Belden Wire & Cable Company                         100%               USD 75,000,000.00
                                    Belden Technologies, Inc.                           100%               USD 12,671,999.57
                                    Boselan (UK)                                        100%
                                    Belden CDT Networking, Inc.                         100%
                                    Red Hawk/CDT, Inc.                                  100%

Belden Inc.                         Belden Wire & Cable Company                         100%
                                    Belden Insurance Company                            100%
                                    Belden Communications Holding, Inc.                 100%

Belden Wire & Cable Company         Belden CDT International Inc.                       100%
                                    Belden Holdings, Inc.                               100%
                                    Belden Electronics S.a.r.l.                         100%
                                    Belden UK Limited                                   100%
                                    Belden CDT (Canada) Inc.                            100%
                                    Belden Technologies, Inc.                           100%
                                    Belden (UK) Finco Limited Partnership                99%
                                    Belden Electronics S.A. de C.V.                     100%
                                    Belden Brasil Commercial Ltda.            50% (other 50% Belden CDT
                                                                                  International Inc.)
                                    Belden Electronics Argentina S.A.         50% (other 50% Belden CDT
                                                                                  International Inc.)
                                    Belden Foreign Sales Corporation                    100%
                                    Belden (Bermuda) Finance Ltd                        100%
                                    Belden Superannuation Pty Ltd.                      100%
                                    Belden Australia Pty Ltd.                           100%               AUD 36,406,007.04
                                    Belden Wire & Cable Trading
                                    (Shanghai) Co. Ltd.                                 100%
</TABLE>

<PAGE>

<TABLE>
<S>                                 <C>                                       <C>                          <C>
Belden Communications Holding, Inc. Belden (UK) Finco Limited Partnership                 1%
                                    Belden (Canada) Finco Limited Partnership             1%

Belden Holdings, Inc.               Belden International Holdings B.V.                  100%               EUR 11,197,292.90
                                    Belden International Holdings B.V.                  100%               EUR 15,338,756.44

Belden Technologies, Inc.           Belden (Canada) Finco Limited Partnership            99%
                                    Belden Wire & Cable B.V.                                               EUR 11,391,427.84

Belden CDT Networking, Inc.         CDT International Holdings Inc.                     100%

CDT International Holdings Inc.     A.W. Industries Inc.                                100%
                                    Nordx/CDT Inc.                                      100%
                                    Noslo Ltd                                           100%
                                    CDT Asia Pacific                                    100%
                                    Nordx/CDT Do Brazil Ltda.                           100%
                                    Nordx/CDT Asia Limited                              100%
                                    Nordx/CDT Corp.                                     100%
                                    CDTCO Ltd                                           100%
                                    Nordx/CDT Australia Pty Ltd                         100%
                                    Nordx/CDT-IP Corp.                                  100%
                                    Tennecast/CDT, Inc.                                 100%
                                    X-Mark/CDT, Inc.                                    100%
                                    Thermax/CDT, Inc.                                   100%
                                    Dearborn/CDT Corp                                   100%
</TABLE>

<TABLE>
<CAPTION>
CASH INVESTMENTS                                                                                                 VALUE
----------------                                                                                           ----------------
<S>                                 <C>                                       <C>                          <C>

Belden Technologies, Inc.           Northern Trust (cash investments as of 12/31/05) - Money Market Fund      $41,000,000
                                    Fifth Third Bank (cash investments as of 12/31/05) - Money Market Fund    $26,000,000
                                    Comerica Bank (cash investments as of 12/31/05) - Money Market Fund       $20,000,000
</TABLE>

<TABLE>
<CAPTION>
GUARANTEES                              GUARANTOR       BENEFICIARY          PURPOSE                           AMOUNT
----------                            -------------   ----------------   --------------                    ----------------
<S>                                   <C>             <C>                <C>                               <C>

Belden CDT Inc.                       Wachovia Bank   Bank of Montreal   Overdraft Line                       CAD500,000
</TABLE>

<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 1.1(c) - Liens

    UCC, TAX (STATE & FEDERAL), AND JUDGMENT (STATE & FEDERAL) LIEN SEARCHES
                                BELDEN CDT, INC.
                                   512485/1399

<TABLE>
<CAPTION>
                                                                        Bankruptcy
                                                                        / Pending
                                                                        Defendant
       Credit Party        Location         Tax Liens     Judgments    Suit Search                         UCCS
     ----------------   --------------   --------------   ----------   -----------   -----------------------------------------------
<S>                     <C>              <C>              <C>          <C>           <C>
1    BELDEN CDT INC.    Delaware SOS     Federal clear                               2 Records found thru 11/01/05.
                                         thru 11/01/05.                              1. #43212398 filed 11/15/2004 for
                                                                                     Wachovia Bank, National Association, as Agent;
                                                                                     ALL PERSONAL PROPERTY OF THE DEBTOR.
                                                                                     2. #52075977 filed 07/06/05 for NMHG Financial
                                                                                     Services Inc.; SPECIFIC EQUIPMENT.

                        Missouri SOS     Clear                                       Clear

                        St. Louis        Clear            Clear                      Clear
                        County, MO

2    CABLE DESIGN       Delaware SOS     Federal clear                               3 Records found thru 11/01/05..
     TECHNOLOGIES                        thru 11/01/05.                              1. #22697989 filed 10/25/2002 for Fleet
     CORPORATION                                                                     National Bank, as Agent;
                                                                                     BLANKET LIEN.  Terminated by #32425406 filed
                                                                                     09/18/03.

                                                                                     2. #31928699 filed
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     07/02/2003 for IBM Credit LLC. SPECIFIC
                                                                                     EQUIPMENT.

3    BELDEN WIRE &      Alabama SOS      Federal and                                 Clear thru 10/06/05.
     CABLE COMPANY                       State clear
                                         thru 10/06/05.

                        Arizona SOS      Federal and                                 Clear thru 10/07/05.
                                         State clear
                                         thru 10/07/05.

                        Arkansas SOS     Federal clear                               Clear thru 11/09/05.
                                         thru 11/09/05.

                        California SOS   Federal and      Local                      Clear thru 11/06/05.
                                         State clear      clear thru
                                                          11/06/05.

                                         thru 11/06/05.

                        Delaware SOS     Federal clear                               58 records found thru 11/01/05.
                                         thru 11/01/05.                              1. #10951470 filed 08/14/01 for Computer Sales
                                                                                     International, Inc.;  IN LIEU OF CONTINUATION
                                                                                     FILING.  SPECIFIC EQUIPMENT.

                                                                                     2. #11021950 filed 08/23/01 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     3. #11086169 filed 09/04/01 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     4. #11796338 filed 11/26/01 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     5. #20259717 filed
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     12/31/01 for Meridian Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     6. #20259972 filed 12/31/01 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     7. #20376438 filed 01/22/02 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     8. #20752273 filed 03/05/02 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     9. #21157589 filed 04/22/02 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     10. #22138356 filed 08/19/02 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     11. #22190118 filed 08/26/02 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     12. #22190183 filed 08/26/02 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     13. #23255696 filed 12/10/02 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     14. #30261142 filed 01/13/03 for Meridian
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     15. #30615214 filed 02/13/03 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     16. #30689920 filed 02/28/03 for Computer Sales
                                                                                     International, Inc.; SPECIFIC EQUIPMENT.
                                                                                     Amended DEBTOR NAME by #31791592
                                                                                     filed 06/06/03.

                                                                                     17. #31262305 filed 04/29/03 for Computer Sales
                                                                                     International, Inc.; SPECIFIC EQUIPMENT.

                                                                                     18. #31946600 filed 07/07/03 for Meridian
                                                                                     Leasing Corporation;  SPECIFIC EQUIPMENT.

                                                                                     19. #31949604 filed 07/29/03 for US Bancorp;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     20. #32002213 filed 07/14/03 for Meridian
                                                                                     Leasing Corporation;  SPECIFIC EQUIPMENT.

                                                                                     21. #32224379 filed 08/05/03 for Meridian
                                                                                     Leasing Corporation;  SPECIFIC EQUIPMENT.

                                                                                     22. #32352717 filed 08/25/03 for Meridian
                                                                                     Leasing Corporation;
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     23. #32569815 filed 09/22/03 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     24. #32582297 filed 09/22/03 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     25. #32654740 filed 10/10/03 for Wachovia Bank,
                                                                                     National Association; ALL PERSONAL PROPERTY OF
                                                                                     THE DEBTOR.

                                                                                     26. #32802828 filed 10/21/03 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     27. #33075887 filed 11/17/03 for Computer Sales
                                                                                     International, Inc. and First Eagle National
                                                                                     Bank; SPECIFIC EQUIPMENT. Assigned by
                                                                                     #40916967 filed 03/25/04.

                                                                                     28. #40261208 filed 01/06/04 for Computer Sales
                                                                                     International, Inc.; SPECIFIC EQUIPMENT.
                                                                                     Amended collateral by #40671810 filed 03/04/04.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     29. #40467045 filed 02/03/04 for Meridian
                                                                                     Leasing Corporation. SPECIFIC EQUIPMENT.

                                                                                     30. #40467169 filed 02/03/04 for Computer Sales
                                                                                     International, Inc. and Pullman Bank & Trust
                                                                                     Company; SPECIFIC EQUIPMENT.
                                                                                     Assigned by #41379017 filed 05/18/04.

                                                                                     31. #40672149 filed 03/08/04 for Meridian
                                                                                     Leasing Corporation. SPECIFIC EQUIPMENT.

                                                                                     32. #40807158 filed 03/16/04 for Computer Sales
                                                                                     International, Inc. and Pullman Bank & Trust
                                                                                     Company;
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     Assigned by #41565672 filed 06/07/04.

                                                                                     33. #40958589 filed 03/29/04 for Meridian
                                                                                     Leasing Corporation. SPECIFIC EQUIPMENT.

                                                                                     34. #40984338 filed 04/07/04 for Dell Financial
                                                                                     Services, L.P.;
                                                                                     CONTINUATION OF FILING #2260186 FILED 05/28/99
                                                                                     WITH
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     INDIANA SOS.

                                                                                     35. #41391657 filed 05/03/04 for Computer Sales
                                                                                     International, Inc.;  SPECIFIC EQUIPMENT.
                                                                                     Amended collateral by #42514364 filed 09/08/04.

                                                                                     36. #41551060 filed 05/17/04 for Meridian
                                                                                     Leasing Corporation. SPECIFIC EQUIPMENT.

                                                                                     37. #42135657 filed 07/26/04 for Meridian
                                                                                     Leasing Corporation.
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     38. #426572 filed 09/17/04 for Meridian Leasing
                                                                                     Corporation.
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     Amended Debtor's address and added collateral
                                                                                     by #50279449 filed 01/24/05.

                                                                                     39. #42983999 filed 10/18/04 for Meridian
                                                                                     Leasing Corporation.
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     40. #43160381 filed 11/04/04 for Computer Sales
                                                                                     International, Inc.;  SPECIFIC EQUIPMENT.

                                                                                     41. #43285394 filed 11/22/04 for Computer Sales
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     International, Inc.;  SPECIFIC EQUIPMENT.
                                                                                     Terminated by #51310292 filed 04/28/05.

                                                                                     42. #43478155 filed 12/07/04 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.

                                                                                     43. #43627199 filed 12/23/04 for Computer Sales
                                                                                     International, Inc. and CSI Leasing, Inc.;
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     Amended Secured Party by #52614643 filed
                                                                                     08/23/05. Amended collateral description by
                                                                                     #52727023 filed 08/26/05.

                                                                                     44. #50718602 filed 03/07/05 for Computer Sales
                                                                                     International, Inc. and CSI Leasing, Inc.;
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     Amended Secured Party by #52767920 filed
                                                                                     09/07/05. Amended collateral description by
                                                                                     #52804558 filed 09/09/05.

                                                                                     45. #51042051 filed 03/28/05 for Meridian
                                                                                     Leasing Corporation; SPECIFIC EQUIPMENT.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     46. #51316059 filed 04/21/05 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     Amended collateral description by #51921130
                                                                                     filed 06/14/05.

                                                                                     47. #51568048 filed 05/12/05 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     48. #51581769 filed 05/23/05 for CSI Leasing,
                                                                                     Inc.; SPECIFIC EQUIPMENT.

                                                                                     49. #517239999 filed 06/06/05 for CSI Leasing,
                                                                                     Inc.;  SPECIFIC EQUIPMENT.

                                                                                     50. #51918482 filed 06/17/05 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     Amended collateral description by #53211472
                                                                                     filed 10/11/05.

                                                                                     51. #52084110 filed 07/07/05 for CSI Leasing,
                                                                                     Inc.; SPECIFIC EQUIPMENT.

                                                                                     52. #52221761 filed 07/11/05 for Meridian
                                                                                     Leasing Company;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     53. #52718790 filed 09/01/05 for Crown Credit
                                                                                     Company;
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     54. #52893247 filed 09/13/05 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     55. #52931856 filed 09/22/05 for CSI Leasing,
                                                                                     Inc.; SPECIFIC EQUIPMENT.

                                                                                     56. #53079168 filed 10/10/05 for CSI Leasing,
                                                                                     Inc.; SPECIFIC EQUIPMENT.

                                                                                     57. #53520690 filed 11/03/05 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     58. #53520849 filed 11/03/05 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.

                        Florida SOS      Federal clear    Local                      Clear thru 11/08/05.
                                         thru 11/01/05.   clear thru
                                                          11/04/05.

                        Georgia SOS                                                  Clear thru 11/08/05.

                        Indiana SOS                                                  5 records found thru 11/08/05.

                                                                                     1. #20010000875295 filed 03/14/01 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     2. #200100002307510 filed 05/16/01 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     3. #200100003035226 filed 06/06/01 for Meridian
                                                                                     Leasing Corporation;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     4. #200100003297711 filed 06/14/01 for Dell
                                                                                     Financial Services, L.P.;
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     5. #200500004892494 filed 05/26/05 for WIESE;
                                                                                     SPECIFIC EQUIPMENT.

                        Kentucky SOS     Federal clear    Clear thru   Clear thru
                                         thru 12/09/05.   12/09/05.    11/10/05.

                        Louisiana SOS    Federal clear                               Clear thru 11/08/05.
                                         thru 11/08/05.

                        Massachusetts    Federal clear                 Clear thru    Clear thru 11/10/05.
                        SOS              thru 12/07/05.                12/09/05.
                                         State clear
                                         thru 11/08/05.

                        Michigan SOS     Federal and                                 Clear thru 11/13/05.
                                         State clear
                                         thru 11/13/05.

                        Minnesota SOS    Federal and                                 Clear thru 11/08/05.
                                         State clear
                                         thru 11/08/05.

                        Missouri SOS                                                 Clear thru 11/07/05.

                        St. Louis        Clear            Clear                      Clear
                        County, MO

                        New Jersey SOS   State            Local                      2 Records found thru
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                         clear thru       clear thru                 11/03/01. 1. #1994681 filed 08/31/2000 for
                                         11/10/05.        11/10/05.                  Computer Sales International Inc.;
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     2. #2036942 filed 04/18/2001 for Computer Sales
                                                                                     International Inc.;
                                                                                     SPECIFIC EQUIPMENT.

                        New Mexico SOS                                               Clear thru 11/03/05.

                        North Carolina   Federal clear thr                           Clear thru 11/09/05.
                        SOS              11/10/05.

                        North Dakota     Federal and                                 Clear thru 11/10/05.
                        SOS              State clear
                                         thru 11/10/05.

                        Ohio SOS                                                     Clear thru 11/10/05.

                        Pennsylvania                                                 Clear thru 11/07/05.
                        SOS

                        South Carolina                                               Clear thru 11/08/05.
                        SOS

                        Texas SOS        Federal clear                               Clear thru 11/09/05.
                                         thru 11/09/05.
                        Vermont SOS                                                  Clear thru 11/10/05.

                        Washington SOS   Federal clear                               Clear thru 11/06/05.
                                         thru 11/06/05.
                        Tennessee SOS                                                Clear thru 12/07/05.

                        Monroe County,   Federal and      Local        Local         Clear thru 12/06/05.
                        KY               State clear      clear thru   Defendant
                                         thru 12/06/05.   12/06/05.    Suit Search
                                                                       clear thru
                                                                       12/06/05.

                        Wayne County,    Federal and      Local        Local         Clear thru 12/06/05.
                        KY               State clear      clear thru   Defendant
                                         thru 12/06/05.   12/06/05.    Suit Search
                                                                       clear thru
                                                                       12/06/05.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                        Worcester                         Local        Local         Clear thru 12/08/05.
                        County, MA                        clear thru   Defendant
                                                          12/08/05.    Suit Search
                                                                       clear thru
                                                                       12/09/05.

                        Nevada SOS       Clear                                       Clear

4    BELDEN CDT         Alabama SOS      Federal and                                 Clear thru 11/06/05.
     NETWORKING, INC.                    State clear
                                         thru 11/06/05.

                        Washington SOS   Federal clear                               3 records found thru 01/06/06:
                                         thru 01/06/06.                              1. #2004-321-9697-9 filed 11/15/04 for Wachovia
                                                                                     Bank, National Association, as Agent.
                                                                                     ALL PERSONAL PROPERTY OF THE DEBTOR.
                                                                                     Amended Debtor name by #2005-146-2739-1 filed
                                                                                     05/26/05.

                                                                                     2. #2005-285-1104-4 filed 10/12/05 for General
                                                                                     Electric Capital Corporation.  SPECIFIC
                                                                                     EQUIPMENT.

                        Arizona SOS      Federal and                                 Clear thru 10/07/05.
                                         State clear
                                         thru 10/07/05.

                        California SOS   Federal and      Local                      Clear thru 11/06/05.
                                         State clear      clear thru
                                         thru 11/06/05.   11/06/05.

                        Colorado SOS     Federal clear                               Clear thru 11/08/05.
                                         thru 11/08/05.

                        Connecticut                                                  Clear thru 11/04/05.
                        SOS

                        Florida SOS      Federal clear    Local                      Clear thru 11/08/05.
                                         thru 11/01/05.   clear thru
                                                          11/04/05.

                        Georgia SOS                                                  Clear thru 11/08/05.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                        Illinois SOS     Federal clear                               Clear thru 11/07/05.
                                         thru 11/07/05.
                        Indiana SOS                                                  Clear thru 11/08/05.

                        Maryland SOS                                                 Clear thru 10/31/05.

                        Massachusetts    State clear      Clear.                     Clear thru 11/10/05.
                        SOS              thru 11/08/05.

                        Worcester                         Clear                      Clear thru 01/17/06.
                        County, MA

                        Missouri SOS                                                 Clear thru 11/07/05.

                        St. Louis        Clear            Clear                      Clear
                        County, MO

                        Nevada SOS       Federal clear                               Clear thru 11/03/05.
                                         thru 11/03/05.

                        New Jersey SOS   State clear      Local                      Clear thru 11/03/05.
                                         thru 11/10/05.   clear thru
                                                          11/10/05.

                        New Mexico SOS                                               Clear thru 11/03/05.

                        New York SOS     Federal clear                               Clear thru 11/10/05.
                                         thru 11/10/05.

                        North Carolina   Federal clear                               Clear thru 11/09/05.
                        SOS              thru 11/10/05.

                        Ohio SOS                                                     Clear thru 11/10/05.

                        Oregon SOS       Federal and                                 Clear thru 11/09/05.
                                         State clear
                                         thru 11/09/05.

                        Pennsylvania     Federal clear    Clear thru                 Clear thru 11/07/05.
                        SOS              thru 12/09/05.   12/09/05.

                        Westmoreland     Federal and      Clear thru                 Clear thru 01/11/06.
                        County, PA       State clear      01/11/06.
                                         thru 01/11/06.

                        South                                                        Clear thru 11/08/05.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                        Carolina SOS

                        Tennessee SOS                                                Clear thru 12/07/05.

                        Texas SOS        Federal clear                               Clear thru 11/09/05.
                                         thru 11/09/05.

                        Greene County,   Federal and      Local        Local         Clear thru 12/05/05.
                        PA               State clear      clear thru   Defendant
                                         thru 12/05/05.   12/05/5.     Suit clear
                                                                       thru
                                                                       12/05/05.

                        Washington       Federal and      Local        Local         Clear thru 12/05/05.
                        County, PA       State clear      clear thru   Defendant
                                         thru 12/05/05.   12/05/5.     Suit clear
                                                                       thru
                                                                       12/05/05.

5    CABLE DESIGN       Alabama SOS      Federal and                                 Clear thru 11/06/05.
     TECHNOLOGIES INC.                   State clear
                                         thru 11/06/05.

                        Arizona SOS      Federal and                                 Clear thru 10/07/05.
                                         State clear
                                          thru 10/07/05.

                        California SOS   Federal and      Local                      1 Record found thru 11/06/05.
                                         State clear      clear thru                 1. #0034460291 filed 11/28/2000 for Intech
                                         thru 10/06/05.   10/06/05.                  Funding Corp.;
                                                                                     SPECIFIC EQUIPMENT.

                        Colorado SOS     Federal clear                               Clear thru 11/08/05.
                                         thru 11/08/05.

                        Connecticut      Federal and      Local                      1 Record found thru 11/06/05.
                        SOS              State clear      clear thru                 1. #0002174302 filed 12/06/2002 for
                                         thru 11/04/05.   11/04/05.                  Toyota Motor Credit Corp;
                                                                                     SPECIFIC EQUIPMENT.

                        Florida SOS      Federal clear    Local                      Clear thru 11/08/05.
                                         thru 11/01/05.   clear thru
                                                          11/04/05.
                        Georgia SOS                                                  Clear thru 11/08/05.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                        Illinois SOS     Federal clear                               Clear thru 11/07/05.
                                         thru 11/07/05.

                        Indiana SOS                                                  Clear thru 11/08/05.

                        Maryland SOS                                                 Clear thru 10/31/05.

                        Massachusetts    State clear                                 2 Records found thru 11/10/05.
                        SOS              thru 11/08/05.                              1.  #00723646 filed 06/14/2000 for NMHG
                                                                                     Financial Services, Inc.
                                                                                     SPECIFIC EQUIPMENT.
                                                                                     Continued by #200537535370 filed 03/22/05.

                        Missouri SOS                                                 Clear thru 11/07/05.

                        Nevada SOS       Federal clear                               Clear thru 11/03/05.
                                         thru 11/03/05.

                        New Jersey SOS   State clear      Local                      Clear thru 11/03/05.
                                         thru 11/10/05.   clear thru
                                                          11/10/05.

                        New Mexico SOS                                               Clear thru 11/03/05.

                        New York SOS     Federal clear                               Clear thru 11/10/05.
                                         thru 11/10/05.
                        North Carolina                                               Clear thru 11/09/05.
                        SOS

                        Ohio SOS                                                     Clear thru 11/10/05.

                        Oregon SOS       Federal and                                 Clear thru 11/09/05.
                                         State clear
                                         thru 11/09/05.

                        Pennsylvania                                                 Clear thru 11/07/05.
                        SOS

                        South Carolina                                               Clear thru 11/08/05.
                        SOS

                        Tennessee SOS                                                Clear thru 11/14/05.

                        Texas SOS        Federal clear                               1 Record found thru 11/09/05.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                         thru 11/09/05.                              1. #95-00242223 filed 12/18/1995 for Security
                                                                                     Capital Industrial Trust;
                                                                                     LEASE AGREEMENT.

6    NORDX/CDT CORP.    Delaware SOS     Federal clear                               3 Records found thru 11/01/05.
                                         thru 11/01/05.                              1. #22829160 filed 11/08/05 for Fleet National
                                                                                     Bank, as Agent. ALL ASSETS OF THE DEBTOR.
                                                                                     Terminated by #32425430 filed 09/18/03.

                                                                                     2. #43212513 filed 11/15/2004 for Wachovia
                                                                                     Bank, National Association, as Agent. ALL
                                                                                     PERSONAL PROPERTY OF THE DEBTOR.

                        Florida SOS      Federal clear    Local                      Clear thru 11/08/05.
                                         thru 11/01/05.   clear thru
                                                          11/04/05.
                        Georgia SOS                                                  Clear thru 11/08/05.

                        Massachusetts    State clear                                 Clear thru 11/10/05.
                        SOS              thru 11/08/05.

                        Michigan SOS     Federal and                                 Clear thru 11/13/05.
                                         State clear
                                         thru 11/13/05.

                        New Jersey SOS   State clear      Local                      Clear thru 11/03/05.
                                         thru 11/10/05.   clear thru
                                                          11/10/05.

                        New York SOS     Federal clear                               Clear thru 11/10/05.
                                         thru 11/10/05.

                        Pennsylvania                                                 Clear thru 11/07/05.
                        SOS
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                        Tennessee SOS                                                Clear thru 11/14/05.

                        Texas SOS        Federal clear                               Clear thru 11/09/05.
                                         thru  11/09/05.

                        Missouri SOS                      Clear.                     Clear.

                        St. Louis        Clear            Clear                      Clear
                        County, MO

                        South Carolina                                               Clear.
                        SOS

7    THERMAX/CDT,       Connecticut      Federal and      Local                      Clear thru 11/04/05.
     INC.               SOS              State clear      clear thru
                                         thru 11/07/05.   11/07/05.

                        Delaware SOS     Federal clear                               3 Records found thru 11/01/05.
                                         thru 11/01/05.                              1. #22698078 filed 10/25/2002 for Fleet
                                                                                     National Bank.
                                                                                     ALL ASSETS OF THE DEBTOR.
                                                                                     Terminated by #32425463 filed 09/18/2003.

                                                                                     2. #43213057 filed 11/15/2004 for Wachovia
                                                                                     Bank, National Association, as Agent.  ALL
                                                                                     PERSONAL PROPERTY OF THE DEBTOR.

                        New York SOS                      Clear                      Clear thru 11/10/05.

                        North Carolina   Federal clear                               Clear thru 11/09/05.
                        SOS              thru 11/10/05.

                        Texas SOS        Federal clear                               Clear thru 11/09/05.
                                         thru 11/09/05.
                        Missouri SOS                      Clear                      Clear

                        St. Louis        Clear            Clear                      Clear
                        County, MO

                        Queens County,   Clear            Clear                      Clear
                        NY
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                        California SOS   Clear            Clear                      Clear

8    DEARBORN/CDT       Delaware SOS     Federal clear                               3 Records found thru 11/01/05.
     CORP.                               thru 11/01/05.                              1. #22698011 filed 10/25/02 for Fleet National
                                                                                     Bank; ALL ASSETS OF THE DEBTOR.
                                                                                     Terminated by #32425422 filed 09/18/03.

                                                                                     2. #43212471 filed 11/15/04 for Wachovia Bank,
                                                                                     National Association.
                                                                                     ALL PERSONAL PROPERTY OF THE DEBTOR.

                        California SOS                                               Clear thru 11/06/05.

                        Delaware SOS

                        Illinois SOS     Federal clear                               1 Record found.
                                         thru 11/07/05.                              1. #4329462 filed 01/24/01 for Crown Credit
                                                                                     Company;  SPECIFIC EQUIPMENT.

9    BELDEN             Delaware SOS     Federal clear                               1 Record found thru 11/02/05.
     TECHNOLOGIES,                       thru 11/01/05.                              1. #32654799 filed 10/10/03 for Wachovia Bank,
     INC.                                                                            National Association, as Agent;  ALL PERSONAL
                                                                                     PROPERTY OF THE DEBTOR.

                        Missouri SOS                      Clear                      Clear thru 11/07/05.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                        St. Louis                         Clear
                        County, MO'

10   BELDEN INC.        Delaware SOS     Federal clear                               7 UCCs found thru 12/09/05.
                                         thru 12/09/05.                              1. #31081788 filed 04/28/03 for Siemens
                                                                                     Financial Services, Inc.; SPECIFIC EQUIPMENT.

                                                                                     2. #31525115 filed 05/13/03 for Siemens
                                                                                     Financial Services, Inc.; TRUE LEASE OF
                                                                                     SPECIFIC EQUIPMENT.

                                                                                     3. #32149766 filed 08/01/03 for Winthrop
                                                                                     Resources Corporation; SPECIFIC EQUIPMENT.

                                                                                     4. #32505447 filed 09/10/03 for Motion
                                                                                     Industries Inc.; CUSTOMER CONSIGNMENT
                                                                                     AGREEMENT / SPECIFIC EQUIPMENT.

                                                                                     5. #32654823 filed 10/10/03 for Wachovia Bank;
                                                                                     ALL PERSONAL PROPERTY OF THE DEBTOR.

                                                                                     6. #32815531 filed 10/22/03 for Winthrop
                                                                                     Resources Corporation; SPECIFIC EQUIPMENT.

                                                                                     7. #40571481 fo;ed 02/20/04 for Winthrop
                                                                                     Resources
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
                                                                                     Corporation. SPECIFIC EQUIPMENT.

                        Missouri SOS                      Clear                      Clear

                        St. Louis        Clear            Clear                      Clear
                        County, MO

11   CDT                Delaware SOS     Federal clear                               3 Records found thru 12/09/05:
     INTERNATIONAL                       thru 12/09/05.
     HOLDINGS, INC.                                                                  1. #22698003 filed 10/25/02 for Fleet National
                                                                                     Bank; BLANKET LIEN.
                                                                                     Terminated by #32425414 filed 09/18/03.

                                                                                     2. #43212422 filed 11/15/04 for Wachovia Bank;
                                                                                     ALL PERSONAL PROPERTY OF THE DEBTOR.

                        Missouri SOS                      Clear                      Clear

                        St. Louis        Clear            Clear                      Clear
                        County, MO

                        Ohio SOS         Clear            Clear                      Clear

                        Summit           Clear            Clear
                        County, OH

12   RED HAWK/CDT,      Delaware SOS     Federal clear                               Records found thru 12/30/05:
     INC.                                thru 12/30/05.                              1. #22698045 filed 10/25/02 for Fleet National
                                                                                     Bank; BLANKET LIEN.
                                                                                     Terminated by #32425455 filed 09/18/03.

                                                                                     2. #43212547 filed for Wachovia Bank, National
                                                                                     Association.
                                                                                     ALL PERSONAL PROPERTY OF THE DEBTOR.
</TABLE>

<PAGE>

<TABLE>
<S>                     <C>              <C>              <C>          <C>           <C>
13   X-MARK/CDT, INC.   Pennsylvania                                                 5 Records found thru 01/03/06:
                        SOS                                                          1. #36770745 filed 10/25/02 for Fleet National
                                                                                     Bank; ALL ASSETS OF THE DEBTOR.
                                                                                     Terminated by #20031065778 filed 09/19/03.
                                                                                     Terminated by #20031056007 filed 09/19/03.

                                                                                     2. #20030683166 filed 08/08/03 for Comdoc,
                                                                                     Inc.; SPECIFIC EQUIPMENT.

                                                                                     3. #2004120300291 filed 11/15/04 for Wachovia
                                                                                     Bank, National Assocation, as Agent. ALL
                                                                                     PERSONAL PROPERTY OF THE DEBTOR.

14   BELDEN HOLDINGS,   Delaware SOS     Federal clear                               1 record found thru 01/03/06:
     INC.                                thru 01/06/06.                              1. #32654708 filed 10/10/03 for Wachovia Bank,
                                                                                     National Association. ALL PERSONAL PROPERTY
                                                                                     OF THE DEBTOR.

                        Missouri SOS                      Clear                      Clear

                        St. Louis        Clear            Clear                      Clear
                        County, MO
</TABLE>

Any other Liens, to the extent not noted above, in favor of Wachovia Bank,
National Association, as Agent, in connection with the Credit and Security
Agreement dated as of October 9, 2003, as amended.
<PAGE>

BELDEN CDT INC.
SCHEDULE 1.1 (D)
HISTORICAL EBITDA ADJUSTMENTS

IN THOUSANDS US DOLLARS

<TABLE>
<CAPTION>
           NET INCOME
              FROM                          DEPRECIATION &                            ADJUSTED
QUARTER    OPERATIONS   INTEREST    TAXES    AMORTIZATION    SUBTOTAL   ADJUSTMENTS    EBITDA
-------    ----------   --------   ------   --------------   --------   -----------   --------
<S>        <C>          <C>        <C>      <C>              <C>        <C>           <C>
2004 3rd     (3,073)      3,537    (3,669)       9,531         6,326       27,606      33,932
2004 4th      8,598       3,011    15,452        9,051        36,112        3,943      40,055
2005 1st      8,524       2,920     4,590        9,730        25,764        2,045      27,809
2005 2nd     10,546       2,564     5,455        9,006        27,571        6,522      34,093
2005 3rd      6,078       2,198     6,283        9,006        23,565       15,530      39,095
</TABLE>

<TABLE>
<CAPTION>
ADJUSTMENTS                     2004 3RD   2004 4TH   2005 1ST   2005 2ND   2005 3RD
-----------                     --------   --------   --------   --------   --------
<S>                             <C>        <C>        <C>        <C>        <C>
Severance, asset impairments,
   inventory write-downs          19,550     1,328      2,045      1,416     13,867
Merger related charges             8,056     2,615                              731
Executive succession                                               5,106        932
                                  ------     -----      -----      -----     ------
TOTAL                             27,606     3,943      2,045      6,522     15,530
</TABLE>
<PAGE>

BELDEN CDT INC.
SCHEDULE 1.1(E)
MAXIMUM POST CLOSING EBITDA ADJUSTMENTS

IN THOUSANDS US DOLLARS

<TABLE>
<CAPTION>
                                  AMOUNT
                                  ------
<S>                               <C>
TOTAL                             18,400
CATEGORIES (ESTIMATES)
   w/r/t Manchester
      Severance                    4,200
   w/r/t European restructuring
      Severance                   12,300
   w/r/t Executive succession
      Severance                    1,600
      Recruiting                     300
</TABLE>
<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 1.1(f) - Existing Letters of Credit

<TABLE>
<CAPTION>
ISSUING INSTITUTION           BENEFICIARY                PURPOSE              AMOUNT        ISSUE DATE   EXPIRATION DATE
-------------------   --------------------------   -------------------   ----------------   ----------   ---------------
<S>                   <C>                          <C>                   <C>                <C>          <C>
Wachovia Bank         Insurance Company of North   Insurance             USD 3,108,589.00   12/12/2005   04/01/2006
                      America
Wachovia Bank         ING Bank                     European Overdraft    USD 3,700,000.00   09/15/2005   09/15/2006
                                                   Facility
Wachovia Bank         Federal Insurance Company    Insurance             USD 350,000.00     09/30/2005   09/30/2006

Wachovia Bank         H.S.B.C.                     U.K. Overdraft/BACS   GBP 2,000,000.00   10/12/2005   10/01/2006
                                                   Facility
</TABLE>
<PAGE>

                               Schedule 2.1(b)(i)

                                    [FORM OF]
                               NOTICE OF BORROWING

                              ______________, ____

Wachovia Bank, National Association,
as Administrative Agent
Charlotte Plaza
201 South College Street, CP-8
Charlotte, North Carolina 28288-0680
Attn: Syndication Agency Services

Ladies and Gentlemen:

     Pursuant to Section [2.1(B)(I)] [2.4(B)(I)] of the Credit Agreement, dated
as of January 24, 2006 (as amended, restated, supplemented or otherwise
modified, the "Credit Agreement"), by and among Belden CDT Inc., a Delaware
corporation (the "Borrower"), the Material Domestic Subsidiaries of the Borrower
from time to time party thereto (collectively the "Guarantors"), the lenders
from time to time party thereto (the "Lenders") and Wachovia Bank, National
Association, as administrative agent for the Lenders (the "Administrative
Agent"), the Borrower hereby requests the following (the "Proposed Borrowing"):

I. Revolving Loans be made as follows:

<TABLE>
<CAPTION>
                       Interest                    Interest
                         Rate                       Period
                (Alternate Base Rate/   (one, two, three or six months
Date   Amount        LIBOR Rate)            -- for LIBOR Rate only)
----   ------   ---------------------   ------------------------------
<S>    <C>      <C>                     <C>

</TABLE>

     NOTE: REVOLVING LOAN BORROWINGS WHICH ARE ALTERNATE BASE RATE BORROWINGS
          MUST BE IN MINIMUM AGGREGATE AMOUNTS OF $1,000,000 AND IN INTEGRAL
          MULTIPLES OF $1,000,000 IN EXCESS THEREOF (OR THE REMAINING AMOUNT OF
          THE COMMITTED REVOLVING AMOUNT, IF LESS). REVOLVING LOAN BORROWINGS
          WHICH ARE LIBOR RATE BORROWINGS MUST BE IN MINIMUM AGGREGATE AMOUNTS
          OF $5,000,000 AND IN INTEGRAL MULTIPLES OF $1,000,000 IN EXCESS
          THEREOF (OR THE REMAINING AMOUNT OF THE COMMITTED REVOLVING AMOUNT, IF
          LESS).

II. Swingline Loans to be made on [DATE] as follows:

     Swingline Loans requested:

         (1) Total Amount of Swingline Loans   $__________

     NOTE: SWINGLINE LOAN BORROWINGS MUST BE IN MINIMUM AMOUNTS OF $500,000 AND
          IN INTEGRAL AMOUNTS OF $100,000 IN EXCESS THEREOF.

     Terms defined in the Credit Agreement shall have the same meanings when
used herein.

<PAGE>

     The undersigned hereby certifies that the following statements are true on
the date hereof and will be true on the date of the Proposed Borrowing:

          (A) the representations and warranties made by the Credit Parties in
     the Credit Agreement, in the Security Documents or which are contained in
     any certificate furnished at any time under or in connection therewith
     shall (i) with respect to representations and warranties that contain a
     materiality qualification, be true and correct and (ii) with respect to
     representations and warranties that do not contain a materiality
     qualification, be true and correct in all material respects, in each case
     on and as of the date of such Extension of Credit as if made on and as of
     such date (except for those which expressly relate to an earlier date);

          (B) no Default or Event of Default shall have occurred and be
     continuing on such date or after giving effect to the Extension of Credit
     to be made on such date unless such Default or Event of Default shall have
     been waived in accordance with the Credit Agreement;

          (C) immediately after giving effect to the making of any such
     Extension of Credit (and the application of the proceeds thereof), (i) the
     sum of the aggregate principal amount of outstanding Revolving Loans plus
     outstanding Swingline Loans plus outstanding LOC Obligations shall not
     exceed the Revolving Committed Amount then in effect, (ii) the LOC
     Obligations shall not exceed the LOC Committed Amount and (iii) the
     Swingline Loans shall not exceed the Swingline Committed Amount; and

          (D) all conditions set forth in such Sections 2.1 or 2.4 of the Credit
     Agreement, as applicable, have been satisfied.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

                                        Very truly yours,

                                        BELDEN CDT INC.,
                                        a Delaware corporation

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

<PAGE>

                                 Schedule 2.1(e)

                                    [FORM OF]
                                 REVOLVING NOTE

                                                                          [DATE]

     FOR VALUE RECEIVED, the undersigned, BELDEN CDT INC., a Delaware
corporation (the "Borrower") hereby unconditionally promises to pay, on the
Maturity Date (as defined in the Credit Agreement referred to below), to the
order of ___________ (the "Lender") at the office of Wachovia Bank, National
Association, located at Charlotte Plaza, 201 South College Street, CP-8,
Charlotte, North Carolina 28288-0680, in lawful money of the United States of
America and in immediately available funds, the aggregate unpaid principal
amount of all Revolving Loans made by the Lender to the undersigned pursuant to
Section 2.1 of the Credit Agreement referred to below. The undersigned further
agrees to pay interest in like money at such office from time to time from the
date hereof until payment in full of the principal amount hereof, at the rates
and on the dates set forth in the Credit Agreement.

     The holder of this Revolving Note is authorized to endorse the date and
amount of each Revolving Loan pursuant to Section 2.1 of the Credit Agreement
and each payment of principal and interest with respect thereto and its
character as a LIBOR Rate Loan or an Alternate Base Rate Loan on Schedule 1
annexed hereto and made a part hereof, or on a continuation thereof which shall
be attached hereto and made a part hereof, which endorsement shall constitute
prima facie evidence of the accuracy of the information endorsed (absent error);
provided, however, that the failure to make any such endorsement shall not
affect the obligations of the undersigned under this Revolving Note.

     This Revolving Note is one of the Revolving Notes referred to in the Credit
Agreement, dated as of January 24, 2006 (as amended, restated, supplemented or
otherwise modified, the "Credit Agreement"), by and among the Borrower, the
Material Domestic Subsidiaries of the Borrower from time to time party thereto
(collectively the "Guarantors"), the lenders from time to time party thereto
(the "Lenders") and Wachovia Bank, National Association, as administrative agent
for the Lenders (the "Administrative Agent"), and the holder is entitled to the
benefits thereof. Capitalized terms used but not otherwise defined herein shall
have the meanings provided in the Credit Agreement.

     Upon the occurrence of any one or more of the Events of Default specified
in the Credit Agreement, all amounts then remaining unpaid on this Revolving
Note shall become, or may be declared to be, immediately due and payable, all as
provided therein. In the event this Revolving Note is not paid when due at any
stated or accelerated maturity, the Borrower agrees to pay, in addition to
principal and interest, all costs of collection, including reasonable attorneys'
fees.

     All parties now and hereafter liable with respect to this Revolving Note,
whether maker, principal, surety, endorser or otherwise, hereby waive
presentment, demand, protest and all other notices of any kind, except to the
extent provided by the Credit Documents.

     THIS REVOLVING NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF
LAWS PRINCIPLES THEREOF (OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK
GENERAL OBLIGATIONS LAW).

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

                                        BELDEN CDT INC.,
                                        a Delaware corporation

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

<PAGE>

                                   SCHEDULE 1
                                       to
                                 Revolving Note

                         LOANS AND PAYMENTS OF PRINCIPAL

<TABLE>
<CAPTION>
                                                          Principal
       Amount    Type                                       Paid
         of       of     Interest   Interest   Maturity      or       Principal   Notation
Date    Loan    Loan(1)    Rate      Period      Date     Converted    Balance     Made By
----   ------   ------   --------   --------   --------   ---------   ---------   --------
<S>    <C>      <C>      <C>        <C>        <C>        <C>         <C>         <C>

</TABLE>

----------
(1)  The type of Loan may be represented by "L" for LIBOR Rate Loans or "ABR"
     for Alternate Base Rate Loans.

<PAGE>

                                 Schedule 2.4(d)

                                    [FORM OF]
                                 SWINGLINE NOTE

                                                                          [DATE]

     FOR VALUE RECEIVED, the undersigned, BELDEN CDT INC., a Delaware
corporation (the "Borrower") hereby unconditionally promises to pay on the
Maturity Date (as defined in the Credit Agreement referred to below), to the
order of ___________ (the "Swingline Lender") at the office of Wachovia Bank,
National Association, located at Charlotte Plaza, 201 South College Street,
CP-8, Charlotte, North Carolina 28288-0680, in lawful money of the United States
of America and in immediately available funds, the aggregate unpaid principal
amount of all Swingline Loans made by the Swingline Lender to the undersigned
pursuant to Section 2.4 of the Credit Agreement referred to below. The
undersigned further agrees to pay interest in like money at such office from
time to time from the date hereof until payment in full of the principal amount
hereof, at the rates and on the dates set forth in the Credit Agreement.

     The holder of this Swingline Note is authorized to endorse the date and
amount of each Swingline Loan pursuant to Section 2.4 of the Credit Agreement
and each payment of principal and interest with respect thereto and its
character as an Alternate Base Rate Loan or otherwise on Schedule 1 annexed
hereto and made a part hereof, or on a continuation thereof which shall be
attached hereto and made a part hereof, which endorsement shall constitute prima
facie evidence of the accuracy of the information endorsed (absent error);
provided, however, that the failure to make any such endorsement shall not
affect the obligations of the undersigned under this Swingline Note.

     This Swingline Note is the Swingline Note referred to in the Credit
Agreement, dated as of January 24, 2006 (as amended, restated, supplemented or
otherwise modified, the "Credit Agreement"), by and among the Borrower, the
Material Domestic Subsidiaries of the Borrower from time to time party thereto
(collectively the "Guarantors"), the lenders from time to time party thereto
(the "Lenders") and Wachovia Bank, National Association, as administrative agent
for the Lenders (the "Administrative Agent"), and the holder is entitled to the
benefits thereof. Capitalized terms used but not otherwise defined herein shall
have the meanings provided in the Credit Agreement.

     Upon the occurrence of any one or more of the Events of Default specified
in the Credit Agreement, all amounts then remaining unpaid on this Swingline
Note shall become, or may be declared to be, immediately due and payable, all as
provided therein. In the event this Swingline Note is not paid when due at any
stated or accelerated maturity, the Borrower agrees to pay, in addition to
principal and interest, all costs of collection, including reasonable attorneys'
fees.

     All parties now and hereafter liable with respect to this Swingline Note,
whether maker, principal, surety, endorser or otherwise, hereby waive
presentment, demand, protest and all other notices of any kind, except to the
extent provided by the Credit Documents.

     THIS SWINGLINE NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF
LAWS PRINCIPLES THEREOF (OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK
GENERAL OBLIGATIONS LAW).

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

                                        BELDEN CDT INC.,
                                        a Delaware corporation

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

<PAGE>

                                   SCHEDULE 1
                                       to
                                 Swingline Note

                         LOANS AND PAYMENTS OF PRINCIPAL

<TABLE>
<CAPTION>
       Amount   Type
         of      of    Interest   Principal   Principal   Notation
Date    Loan    Loan     Rate       Paid       Balance     Made By
----   ------   ----   --------   ---------   ---------   --------
<S>    <C>      <C>    <C>        <C>         <C>         <C>

</TABLE>

<PAGE>

                                  Schedule 2.10

                                    [FORM OF]
                         NOTICE OF CONVERSION/EXTENSION

                                     [DATE]

Wachovia Bank, National Association,
as Administrative Agent
Charlotte Plaza
201 South College Street, CP-8
Charlotte, North Carolina 28288-0680
Attn: Syndication Agency Services

Ladies and Gentlemen:

     Pursuant to Section 2.10 of the Credit Agreement, dated as of January 24,
2006 (as amended, restated, supplemented or otherwise modified, the "Credit
Agreement"), by and among Belden CDT Inc., a Delaware corporation (the
"Borrower"), the Material Domestic Subsidiaries of the Borrower from time to
time party thereto (collectively the "Guarantors"), the lenders from time to
time party thereto (the "Lenders") and Wachovia Bank, National Association, as
administrative agent for the Lenders (the "Administrative Agent"), the Borrower
hereby requests ____ conversion or ____ extension of the following Loans be made
as follows (the "Proposed Conversion/Extension"):

<TABLE>
<CAPTION>
                     Current                            Requested Interest         Requested Interest
                  Interest Rate          Amount to be          Rate                      Period
                   and Interest           converted/      (Alternate Base    (one, two, three or six months
Applicable Loan      Period       Date     extended      Rate/LIBOR Rate)       -- for LIBOR Rate only)
---------------   -------------   ----   ------------   ------------------   ------------------------------
<S>               <C>             <C>    <C>            <C>                  <C>

</TABLE>

     NOTE: PARTIAL CONVERSIONS MUST BE IN MINIMUM AMOUNTS OF $500,000 OR A WHOLE
          MULTIPLE OF $100,000 IN EXCESS THEREOF.

     Terms defined in the Credit Agreement shall have the same meanings when
used herein.

     The undersigned hereby certifies that the following statements are true on
the date hereof and will be true on the date of the Proposed
Conversion/Extension:

          (A) no Default or Event of Default shall have occurred and be
     continuing on the date of the Proposed Conversion/Extension, or after
     giving effect to the Proposed Conversion/Extension; and

          (B) immediately after giving effect to the making of the Proposed
     Conversion/Extension, (i) the sum of the aggregate principal amount of
     outstanding Revolving Loans plus outstanding LOC Obligations plus the
     aggregate amount of outstanding Swingline Loans shall not exceed the
     Revolving Committed Amount, (ii) the LOC Obligations shall not exceed the
     LOC Committed Amount and (iii) the Swingline Loans shall not exceed the
     Swingline Committed Amount.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

                                        Very truly yours,

                                        BELDEN CDT INC.,
                                        a Delaware corporation

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------
<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 3.3 - Jurisdictions of Organization and Qualification

<TABLE>
<CAPTION>
                               TYPE OF     JURISDICTION OF            JURISDICTIONS OF           ORGANIZATIONAL
        LEGAL NAME          ORGANIZATION     ORGANIZATION              QUALIFICATIONS               ID NUMBER        FEIN
-------------------------   ------------   ---------------   ---------------------------------   --------------   ----------
<S>                         <C>            <C>               <C>                                 <C>              <C>
Belden CDT Inc. (formerly    Corporation       Delaware                   Delaware                  2161073       36-3601505
Cable Design Technologies
Corporation)
Belden Wire & Cable          Corporation       Delaware         Alabama, Arizona, Arkansas,         2341956       76-0405879
Company                                                        California, Florida, Georgia,
                                                               Indiana, Kentucky, Louisiana,
                                                                  Massachusetts, Michigan,
                                                              Minnesota, Missouri, New Mexico,
                                                             New Jersey, North Carolina, North
                                                             Dakota, Ohio, Pennsylvania, South
                                                                 Carolina, Texas, Vermont,
                                                                         Washington
Belden CDT Networking,       Corporation      Washington       Alabama, Arizona, California,        0143837       91-1351700
Inc. (formerly Cable                                          Colorado, Connecticut, Florida,
Design Technologies Inc.)                                       Georgia, Illinois, Indiana,
                                                                  Maryland, Massachusetts,
                                                                   Missouri, Nevada, New
</TABLE>

<PAGE>

<TABLE>
<S>                         <C>            <C>               <C>                                 <C>              <C>
                                                               Jersey, New Mexico, New York,
                                                               North Carolina, Ohio, Oregon,
                                                               Pennsylvania, South Carolina,
                                                                      Tennessee, Texas
Nordx/ CDT Corp.             Corporation       Delaware         Delaware, Florida, Georgia,         2581378       25-1780564
                                                                Massachusetts, Michigan, New
                                                              Jersey, New York, Pennsylvania,
                                                                      Tennessee, Texas
Thermax/CDT, Inc.            Corporation       Delaware       Connecticut, Delaware, New York,      2693699       23-2891819
                                                                   North Carolina, Texas
Belden Technologies, Inc.    Corporation       Delaware              Delaware, Missouri             3120320       43-1868546
Belden Holdings, Inc.        Corporation       Delaware                   Delaware                  2486198       43-1713458
CDT International            Corporation       Delaware                   Delaware                  2347113       25-1715671
Holdings, Inc.
Belden Inc.                  Corporation       Delaware                   Delaware                  2344337       76-0412617
</TABLE>

<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 3.12 - Subsidiaries

<TABLE>
<CAPTION>
                                  JURISDICTION       NUMBER OF
                                       OF           AUTHORIZED       NUMBER OF      PERCENTAGE
          LEGAL NAME              INCORPORATION       SHARES       ISSUED SHARES    OWNERSHIP                   OWNER
------------------------------   --------------   --------------   -------------   -----------   ----------------------------------
<S>                              <C>              <C>              <C>             <C>           <C>
Belden Inc.                         Delaware              10,000             100           100             Belden CDT Inc.
Belden Wire & Cable Company         Delaware              10,000           9,000           100               Belden Inc.
Belden Communications               Delaware              10,000             100           100               Belden Inc.
Holding, Inc.
Belden Insurance Company            Vermont              200,000         100,000           100               Belden Inc.
Belden Holdings, Inc.               Delaware              10,000             100           100       Belden Wire & Cable Company
Belden Technologies, Inc.           Delaware              10,000          10,000           100       Belden Wire & Cable Company
Belden CDT International,           Delaware              10,000             100           100       Belden Wire & Cable Company
Inc. (formerly Belden
International, Inc.)
Belden Electronics S.a.r.l.          France                  500             500           100    Belden Wire & Cable Company (99%)
                                                                                                 Belden CDT International Inc. (1%)
Belden UK Limited                United Kingdom            1,000               2           100       Belden Wire & Cable Company
Belden CDT (Canada) Inc.             Canada            Unlimited       8,000,100           100       Belden Wire & Cable Company
(formerly Belden (Canada)
Inc.)
Belden Electronics S.A. de           Mexico                   50              50           100       Belden Wire & Cable Company
C.V.
</TABLE>

<PAGE>

<TABLE>
<S>                              <C>              <C>              <C>             <C>           <C>
Belden Brasil Commercial Ltda.       Brazil               10,000             200           100    Belden Wire & Cable Company (50%)
                                                                                                   Belden CDT International, Inc.
                                                                                                                (50%)
Belden Electronics Argentina       Argentina              12,000          12,000           100    Belden Wire & Cable Company (50%)
S.A.                                                                                               Belden CDT International, Inc.
                                                                                                                (50%)
Belden Foreign Sales                Barbados                  10              10           100       Belden Wire & Cable Company
Corporations
Belden Superannuation Pty Ltd      Australia                   2               2           100       Belden Wire & Cable Company
Belden Australia Pty Ltd.          Australia           2,700,002       2,700,002           100       Belden Wire & Cable Company
Belden Wire & Cable Trading          China                                                 100       Belden Wire & Cable Company
(Shanghai) Co. Ltd.
Belden (UK) Finco Limited        United Kingdom              n/a             n/a           100    Belden Wire & Cable Company (99%)
Partnership                                                                                        Belden Communications Holding,
                                                                                                              Inc. (1%)
Belden (Canada) Finco Limited        Canada                  n/a             n/a           100     Belden Technologies, Inc. (99%)
Partnership                                                                                      Belden Communications Holding Inc.
                                                                                                                (1%)
Belden International Holdings     Netherlands         50,000,000          10,000           100          Belden Holdings, Inc.
B.V.
Belden Europe B.V.                Netherlands             50,000          10,000           100   Belden International Holdings B.V.
Belden Wire & Cable B.V.          Netherlands                200             180           100           Belden Europe B.V.
Belden Netherlands B.V.           Netherlands             90,000          18,000           100           Belden Europe B.V.
Belden Dunakabel Kft                Hungary        1,300,000,000   1,300,000,000           100           Belden Europe B.V.
Belden Electronics GmbH             Germany               50,000          50,000           100           Belden Europe B.V.
</TABLE>

<PAGE>

<TABLE>
<S>                              <C>              <C>              <C>             <C>           <C>
Belden Deutschland GmbH             Germany               50,000          50,000           100           Belden Europe B.V.
Belden Europe B.V. & Belden         Germany                  n/a             n/a           100        Belden Europe B.V. (99%)
Wire & Cable B.V. Finance Gbr                                                                       Belden Wire & Cable B.V. (1%)
Belden-EIW GmbH & Co KG             Germany                  n/a             n/a           100     Belden Deutschland GmbH (99.9%)
                                                                                                   Belden Electronics GmbH (0.1%)
Red Hawk/CDT, Inc.                  Delaware               1,000             100           100             Belden CDT Inc.
Boselan                          United Kingdom                                                            Belden CDT Inc.
Belden CDT Networking Inc.         Washington                                                              Belden CDT Inc.
CDT International Holdings          Delaware               1,000             100           100       Belden CDT Networking, Inc.
Inc.
Nordx/CDT Corp.                     Delaware               1,000             100           100     CDT International Holdings Inc.
Thermax/CDT, Inc.                   Delaware               1,000             100           100     CDT International Holdings Inc.
Dearborn/CDT Corp.                  Delaware               1,000             100           100     CDT International Holdings Inc.
A.W. Industries                     Florida                               13,500           100     CDT International Holdings Inc.
Nordx/CDT Inc.                       Canada                1,000             100           100     CDT International Holdings Inc.
Noslo Ltd.                       United Kingdom              100             100           100     CDT International Holdings Inc.
CDT Asia Pacific PTE LTD           Singapore                                               100     CDT International Holdings Inc.
Nordx/CDT Asia Limited.            Hong Kong                             100,000           100     CDT International Holdings Inc.
Nordx/CDT Australia Pty Ltd.       Australia                 n/a             n/a           100     CDT International Holdings Inc.
Nordx/CDT Do Brazil Ltda.            Brazil                  n/a             n/a           100     CDT International Holdings Inc.
CDTCO Ltd.                          Bermuda               12,000                           100     CDT International Holdings Inc.
Nordx/CDT - IP Corp.                Delaware               1,000             100           100     CDT International Holdings Inc.
Tennecast CDT, Inc.                   Ohio                 1,000             100           100     CDT International Holdings Inc.
X-Mark/CDT, Inc.                  Pennsylvania           100,000          99,900           100     CDT International Holdings Inc.
</TABLE>

<PAGE>

<TABLE>
<S>                              <C>              <C>              <C>             <C>           <C>
Wire Group International Ltd.    United Kingdom          100,000          99,900           100               Noslo Ltd.
Raydex/CDT Ltd.                  United Kingdom            1,000             100           100               Noslo Ltd.
Nordx Ltd.                       United Kingdom            1,000                           100               Noslo Ltd.
Anglo American Cables Ltd.       United Kingdom                              100           100               Noslo Ltd.
CDT (CZ) SRO                     Czech Republic                          200,000           100               Noslo Ltd.
CDT/Nordic Holding AB                Sweden                              101,000           100               Noslo Ltd.
CDT Italia s.r.l.                    Italy                                                 100               Noslo Ltd.
Cekan/CDT A/S                       Denmark                           One common           100               Noslo Ltd.
                                                                        stock or
                                                                    (full) share
                                                                   at a value of
                                                                       500,00DKK
Cable Design Technologies           Germany                          DEM 25,000;           100               Noslo Ltd.
(Deutschland) GmbH                                                   DEM 24,500;
                                                                         DEM 500
CDT/Nordic AB                        Sweden                               24,000           100          CDT/Nordic Holding AB
Kabelovna Decin Poldmodly AS     Czech Republic          377,000         136,000           100          CDT/Nordic Holding AB
CDT Kabeltechnik Berlin GmbH        Germany                                                100      Kabelovna Decin Poldmodly AS
HEW-Kabel Heinz Eilentropp          Germany                               German            89        Cale Design Technologies
Verwaltungs GmbH                                                   equivalent of                         (Deutschland) GmbH
                                                                         Limited
                                                                     Partnership
HEW GmbH & Co KG                    Germany                               German           100       HEW-Kabel Heinz Eilentropp
                                                                   equivalent of                          Verwaltungs GmbH
                                                                      Limited
                                                                    Partnership
</TABLE>

<PAGE>

<TABLE>
<S>                              <C>              <C>              <C>             <C>           <C>
HEW-Kabel/CDT/Skandinaviska AB       Sweden                         9,000 shares       100                HEW GmbH & Co KG
                                                                   at nom 100SEK
</TABLE>

No options, warrants, rights of conversion or purchase and similar rights
outstanding with respect to any of the entities listed above.
<PAGE>

                                  SCHEDULE 3.16

                            BELDEN TECHNOLOGIES, INC.
                             (DELAWARE CORPORATION)

                                  U.S. PATENTS

ISSUED PATENTS

<TABLE>
<CAPTION>
                       DESCRIPTION                         PATENT NO.    ISSUED
                       -----------                         ----------   --------
<S>                                                        <C>          <C>
CABLE SEPARATOR SPLINE                                       6855889    02/15/05
SERRATED CABLE CORE                                          6815617    11/09/04
TEST INTERFACE FOR COAXIAL CABLE                             6428356    08/06/02
CABLE SEPARATOR SPLINE                                       6297454    10/02/01
COAXIAL CABLE                                                6265667    07/24/01
HIGH PERFORMANCE DATA CABLE                                  6222130    04/24/01
TWISTED PAIR CABLE                                           6222129    04/24/01
COAXIAL CABLE                                                6218624    04/17/01
DOUBLE FOIL TAPE COAXIAL CABLE                               6201190    03/13/01
SINGLE-JACKETED PLENUM CABLE                                 6147309    11/14/00
SINGLE-JACKETED PLENUM CABLE                                 6037546    03/14/00
FERRITE BEAD FOR CABLE INSTALLATIONS HAVING ONE PIECE        5990756    11/23/99
PLENUM RATED CABLES AND SHIELDING TAPE                       5956445    09/21/99
FLAT-TYPE COMMUNICATION CABLE                                5821467    10/13/98
COAXIAL CABLE HAVING A COMPOSITE METALLIC BRAID              5796042    08/18/98
HIGH-PERFORMANCE DATA CABLE                                  5789711    08/04/98
PLENUM CABLE                                                 5770820    06/23/98
PATCH CABLE FOR HIGH-SPEED LAN APPLICATIONS                  5763823    06/09/98
PLENUM CABLE                                                 5744757    04/28/98
TWISTED PAIR CABLE                                           5734126    03/31/98
CROSS-HEAD DIE APPARATUS                                     5665161    09/09/97
TWISTED PARALLEL CABLE                                       5606151    02/25/97
FLAME RETARDANT POLYOLEFIN WIRE INSULATIONS                  5525757    06/11/96
PLENUM CABLE                                                 5514837    05/07/96
SHIELDED CABLE                                               5486649    01/23/96
INSULATED CONDUCTOR PAIRS AND METHOD AND APPARATUS           5401908    03/28/95
FLAME RETARDANT POLYOLEFIN WIRE INSULATIONS                  5358991    10/25/94
DOUBLE SERVE BRAIDING FOR JACKETED CABLE                     5303630    04/19/94
FLEXIBLE SHIELDED CABLE                                      5293001    03/08/94
METHOD OF MANUFACTURING COLOR CODED TWISTED PAIRS            5281764    01/25/94
POLYVINYL CHLORIDE BASED PLENUM CABLE                        5227417    07/13/93
HERMETIC LEAD WIRE                                           5225635    07/06/93
FLEXIBLE COMPOSITE METAL SHIELD CABLE                        5212350    05/18/93
PRE-LUBRICATED METALLIC SHIELD TAPE                          4830901    05/16/89
MULTIFOLDED COMPOSITE TAPE FOR USE IN CABLE                  6624359    09/23/03
MULTI-PAIR DATA CABLE WITH CONFIGURABLE CORE FILLING         6812408    11/02/04
TWISTED PAIR CABLE WITH DUAL LAYER INSULATION HAVING         6787694    09/07/04
ENHANCED DATA CABLE WITH CROSS-TWIST CABLED CORE             6596944    07/22/03
MULTI-PAIR DATA CABLE WITH CONFIGURABLE CORE FILLING         6570095    05/27/03
CABLE WITH DUAL LAYER JACKET                                 6441308    08/27/02
SHIFTED-PLANE CORE GEOMETRY CABLE                            6303867    10/16/01
METHOD AND APPARATUS FOR MAKING THERMALLY BONDED             6273977    08/14/01
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                       DESCRIPTION                         PATENT NO.    ISSUED
                       -----------                         ----------   --------
<S>                                                        <C>          <C>
MULTI-PAIR DATA CABLE WITH CONFIGURABLE CORE FILLING         6248954    06/19/01
SHIFTED-PLANE CORE GEOMETRY CABLE                            6162992    12/19/00
MAKING ENHANCED DATA CABLE WITH CROSS-TWIST CABLED           6074503    06/13/00
DUAL INSULATED DATA COMMUNICATION CABLE                      5841072    11/24/98
SIGNAL PHASE DELAY CONTROLLED DATA CABLES HAVING             5834697    11/10/98
MULTIPLE TWISTED PAIR DATA CABLE WITH GEOMETRICALLY          5821466    10/13/98
CABLE CHANNEL FILLER WITH IMBEDDED SHIELD AND CABLE          6787697    09/07/04
HIGH PERFORMANCE DATA CABLE AND UL 910 PLENUM                6686537    02/03/04
MULTIPLE TWISTED PAIR DATA CABLE WITH CONCENTRIC CABLE       5544270    08/06/96
INDEPENDENT TWIN-FOIL SHIELDED DATA CABLE                    5434354    07/18/95
</TABLE>

PENDING APPLICATIONS

<TABLE>
<CAPTION>
                       DESCRIPTION                          APPL. NO.    FILING DATE
                       -----------                         ----------    -----------
<S>                                                        <C>           <C>
FLUOROPOLYMER FOAMING USING METAL OXIDE PARTICLES             60562950(P)
SEPARABLE MULTI-MEMBER COMPOSITE CABLE                        10233287
DATA CABLE WITH CROSS-TWIST CABLED CORE PROFILE               11197718     08/04/05
5NS, 25NS, OR SKEW ADJUSTED DATA CABLE                        10900988
DUAL-INSULATED, FIXED TOGETHER PAIR OF CONNECTORS             11189568
GLASS-FILLED THERMOPLASTIC AND OTHERS, CERAMIC, PRE-MADE      10862767
INDUSTRIAL DATA CABLE, ROBUST WEBBED, ROBUST HIGH PAIR        11046221
3 OR MORE BUNDLED UNITS OR BUNDLED CABLE USING VARYING        11051487
NON-CIRCULAR, INTERCELL, INTERCELL DID, INTERSTIAL FILL       10465017
MULTI-PAIR DATA CABLE WITH CONFIGURABLE CORE FILLING AND      10336535
TWIST LENGTH AND PAIR PROXIMITY CONTROL (NESTED PAIR)         10446518
HIGH-PERFORMANCE DATA CABLE                                   09765914
</TABLE>

                           BELDEN WIRE & CABLE COMPANY
                             (DELAWARE CORPORATION)

                                  U.S. PATENTS

ISSUED PATENTS

<TABLE>
<CAPTION>
                       DESCRIPTION                         PATENT NO.    ISSUED
                       -----------                         ----------   --------
<S>                                                        <C>          <C>
HIGH PERFORMANCE DATA CABLE                                  6815611    11/09/04
TUBING SELECTOR                                              D429654    08/22/00
SPOOLED WIRE DISPENSER                                       D347950    06/21/94
</TABLE>

PENDING APPLICATION

<TABLE>
<CAPTION>
                       DESCRIPTION                          APPL. NO.    FILING DATE
                       -----------                         ----------    -----------
<S>                                                        <C>           <C>
HIGH-SPEED DATA CABLE HAVING INDIVIDUALLY-SHIELDED          10869805
</TABLE>

<PAGE>

                                THERMAX/CDT, INC.
                             (DELAWARE CORPORATION)

                                  U.S. PATENTS

ISSUED PATENTS

<TABLE>
<CAPTION>
                       DESCRIPTION                         PATENT NO.    ISSUED
                       -----------                         ----------   --------
<S>                                                        <C>          <C>
THIN WALLED HIGH VELOCITY PROPAGATION OF FOAMED              5032073    07/16/91
PROCESS FOR MANUFACTURE OF LOW DENSITY                       4999146    03/21/91
</TABLE>

<PAGE>

                            BELDEN TECHNOLOGIES, INC.
                             (DELAWARE CORPORATION)

                                 U.S. TRADEMARKS

REGISTERED MARKS

<TABLE>
<CAPTION>
                  MARK                     REGISTRATION NO.   REGISTRATION DATE
                  ----                     ----------------   -----------------
<S>                                        <C>                <C>
NANOSKEW                                        2959850            06/07/05
BRILLIANCE VIDEOTWIST                           2974489            07/19/05
DIGITRUCK                                       2916765            01/04/05
BELDEN CERTIFIED ASSEMBLER and Design           2934042            03/15/05
INDUSTRIALTUFF                                  2849623            06/01/04
CONTROLBUS                                      2760514            09/02/03
BELCOIL                                         2936808            03/29/05
THE CABLE WITHOUT A JACKET                      2794761            12/16/03
HOMECHOICE and Design                           2899359            11/02/04
BANANA PEEL                                     2776936            10/21/03
INSTALLABLE PERFORMANCE                         2748860            08/05/03
ALPHA WIRE CABLE DESIGN CENTER                  2804697            01/13/04
PERFORMANCE DELIVERS THE FUTURE                 2841457            05/11/04
DISTRIBUTOR DESK                                2617938            09/10/02
INTEGRITY                                       2614345            09/03/02
HOMECHOICE                                      2672851            01/07/03
BWC                                             2759358            09/02/03
BCWK                                            2446434            04/24/01
MATCHMAKER WARRANTY                             2390434            09/26/00
BEL-OPTIX                                       2468209            07/10/01
GOT TUBING                                      2427643            02/06/01
FLEXNAKE                                        2409246            11/28/00
MATCHMAKER                                      2365246            07/04/00
MEDIA TWIST and Design                          2396876            10/24/00
RITESTRIP                                       2373709            08/01/00
MEDIAPATCH                                      2364990            07/04/00
M.A.P.                                          2263704            07/20/99
Design Only                                     2233732            03/23/99
TOTALGUARD                                      2279891            09/21/99
SUPRASHIELD                                     2187703            09/08/98
MEDIATUFF                                       2226770            02/23/99
ALPHA QWIK-REEL                                 2532343            01/22/02
THE AVAILABLE ALTERNATIVE                       2217817            01/12/99
MEDIASPEC                                       2364839            07/04/00
CABLE WITH CONFIDENCE                           2435469            03/13/01
THE WIRE IN WIRELESS                            2112175            10/11/97
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                  MARK                     REGISTRATION NO.   REGISTRATION DATE
                  ----                     ----------------   -----------------
<S>                                        <C>                <C>
INDUSTRIAL DATA SOLUTIONS                       2140229            03/03/98
RISERLITE                                       2145407            03/17/98
AUDIOFLAT                                       2276280            09/07/99
BRILLIANCE VIDEOFLEX                            2133223            01/27/98
BELDEN INFINITY CTC                             2116873            11/25/97
MEDIATWIST                                      2116872            11/25/97
ALPHA...THE DISTRIBUTOR'S CHOICE                2033038            01/21/97
NEW GENERATION                                  2065615            05/27/97
INDUSTRIAL DATA SOLUTIONS                       2058037            04/29/97
XL-DUR                                          1957842            02/20/96
DEVICEBUS                                       2191598            09/22/98
BRILLIANCE                                      1938770            11/28/95
SMOKARREST                                      2239072            04/13/99
COREGUARD                                       2053156            04/15/97
DATATUFF                                        2189536            09/15/98
BELDEN and Design                               1979234            06/11/96
DATABRITE                                       1907208            07/25/95
BELFLEX                                         1959744            03/05/96
BLUE HOSE                                       1950467            01/23/96
TECK-STYLE                                      2025864            12/24/96
HALOARREST                                      2057761            04/29/97
DATATRAY                                        2030597            01/14/97
TRAYOPTIC                                       2035940            02/04/97
DATABUS                                         2051663            04/08/97
ALPHA                                           2058525            05/06/97
ALPHA                                           2100561            09/20/97
DATATWIST                                       1720030            09/29/92
BITLITE                                         1725225            10/20/92
BELCLAD                                         1648756            06/25/91
LANLITE                                         1673269            01/28/92
FLAMARREST                                      1606273            07/17/90
DUOBOND PLUS                                    1480653            03/15/88
CONFORMABLE                                     1489752            05/24/88
THERE IS NO EQUAL                               1533981            04/11/89
Design Only                                     1525306            02/21/89
Z-FOLD                                          1531701            03/28/89
MASS-TER                                        1422650            12/30/86
UNREEL                                          1427257            02/03/87
BELDEN                                          1393064            05/13/86
XTRA-GUARD                                      1356390            08/27/85
VARI-TWIST                                      1300384            10/16/84
DATALENE                                        1247603            08/09/83
LOC-TRAC                                        1117148            05/01/79
DUOBOND                                         1012851            06/10/75
DUOFOIL                                          929049            02/25/72
ALPHA and Design                                 863049            01/07/69
FIT SHRINKABLE TUBING WITH CONTROLLED            856925            09/17/68
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                  MARK                     REGISTRATION NO.   REGISTRATION DATE
                  ----                     ----------------   -----------------
<S>                                        <C>                <C>
SHRINKAGE and Design
FIT                                              763820            01/28/64
BELDFOIL                                         703178            08/23/60
UNI-STRAND                                       695237            03/29/60
BELDPAK                                          673135            01/27/59
BELDEN                                           501189            07/27/48
BELDEN                                           420949            05/07/46
UNREEL                                          1427257            02/03/87
RED HAWK                                        1995321            08/20/96
POWERSENSE                                      2976918            07/26/05
SINGULATED RIBBON                               2946856            05/03/05
FIBER GROUP                                     2698912            03/18/03
WEST PENN WIRE/CDT                              2661768            12/17/02
ADVANCE LAN                                     2449308            05/08/01
EZ-RULE                                         2737340            07/15/03
TRUE LENGTH                                     2647936            11/12/02
NETSYNC                                         2435138            03/13/01
5ELAN                                           2667364            12/24/02
CDT CABLE DESIGN TECHNOLOGIES and Design        1777739            06/22/93
CDT                                             1767302            04/27/93
COLE-FLEX                                       1628325            01/29/90
FLEX LINK 2                                     2883493            09/14/04
MAXFORM                                         2732762            07/01/03
PLENGUARD                                       2607538            08/13/02
MONTROSE/CDT                                    2573047            05/28/02
DURASTRIPE                                      2645058            11/05/02
HOME LAN                                        2619082            09/10/02
MOHAWK/CDT                                      2311577            01/25/00
POWER INTO THE FUTURE                           2683942            02/04/03
OPTILITE                                        2491092            09/18/01
ADVANCELITE                                     2365213            07/04/00
MEGALITE                                        2446772            04/24/01
RAYDEX/CDT                                      2323317            02/29/00
Q-SCAN                                          2331202            03/21/00
CABLE FLASH                                     2363062            06/27/00
SYSTEM MATE                                     2557563            04/09/02
ADVANCENET PLUS                                 2547599            03/12/02
ADVANCE MATE                                    2559154            04/09/02
FLAT MATE                                       2471878            07/24/01
FLAT NET                                        2323009            02/29/00
ADVANCE LINK                                    2229645            03/02/99
ONE PULL                                        2241987            04/27/99
ADVANCE PATCH                                   2209542            12/08/98
LITE CONNECT                                    2152973            04/21/98
QWIK CONNECT                                    2146711            03/24/98
GIGILAN                                         2188181            09/08/98
LAN-X                                           2111710            11/11/97
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                  MARK                     REGISTRATION NO.   REGISTRATION DATE
                  ----                     ----------------   -----------------
<S>                                        <C>                <C>
NORDX                                           2348891            05/09/00
OMNI GUARD                                      2438693            03/27/01
FUTURE PROOF                                    2245189            05/11/99
SHIELDNET                                       2145117            03/17/98
THERMOPLEN                                      2050475            04/08/97
SHIELDED DATA/BOND 100                          2067793            06/03/97
TOTALAN 300                                     1954821            02/06/96
SPECTRUM                                        1968944            04/16/96
HERCULES-TRIAX                                  1971894            04/30/96
CDT CABLE DESIGN TECHNOLOGIES and Design        1950332            01/23/96
CELLTEC                                         1934013            11/07/95
MICRO LOOSE TUBE                                1898370            06/06/95
ADVANCE NET                                     1906359            07/18/95
TRI-MEDIA                                       1761168            03/30/93
MEGAPATCH                                       1775790            06/08/93
TRUELITE                                        1784780            07/27/93
TRUEBEAM                                        1784779            07/27/93
CABLEMATE PLANNER                               1725588            10/20/92
DUAL MEDIA                                      1702975            07/28/92
SUPERLAN                                        1711338            09/01/92
QUAD-MEDIA                                      1772256            05/18/93
PHALO                                           1842278            06/28/94
MEGALAN                                         1790941            08/31/93
COPOLENEN II                                    1526684            02/28/89
COPOLENE                                        1387402            03/25/86
MOHAWK                                          1376538            12/24/85
PLENECON                                        1256744            11/08/83
PERFECT STRIPE                                  1189846            02/16/82
PERFECT PAIR                                    1189845            02/16/82
P PHALO                                         1843488            07/05/94
PLENUM PLUS                                     3011022            11/01/05
MEDIA FLEX                                      2751121            08/12/05
GIGABIX                                         2690223            02/25/03
INTERFACE                                       2839279            05/04/04
GIGAFLEX                                        2628789            10/01/02
NOR5                                            2635871            10/15/02
RUN                                             2462151            06/19/01
EZ-MDVO                                         2382131            09/05/00
IBDN                                            2251173            06/08/99
NORDX/CDT                                       2526389            01/08/02
OPTIMAX                                         2273290            08/31/99
RUN                                             2590570            07/09/02
NORDX/CDT                                       2107807            10/21/97
SPECTRA-LAN                                     1944135            12/26/95
WHISPERCABLE                                    1066142            05/24/77
CHANNELMATE                                     2215457            12/29/98
SAFE-T-LINE                                     3036864            08/30/04
</TABLE>

<PAGE>

PENDING APPLICATIONS

<TABLE>
<CAPTION>
                  MARK                     APPLICATION NO.   FILING DATE
                  ----                     ---------------   -----------
<S>                                        <C>               <C>
FLEXWEB                                        78763947        11/30/05
BELDEN CDT                                     78663582        07/05/05
GIGALAN 10                                     78659724        06/28/05
BELDEN@HOME                                    78653327        06/17/05
BROADEST BRAND IN BANDWIDTH                    78583951        03/09/05
MWP MANHATTAN WIRE PRODUCTS and Design         78583683        03/09/05
10GX                                           78580493        03/04/05
BELDEN CDT NETWORKING                          78580477        03/04/05
CABLING EXCELLENCE FOR OPEN ARCHITECTURE       78580441        03/04/05
CATSNAKE                                       78580473        02/18/05
TRUAUDIO                                       78562993        02/08/05
BELDENCABLE                                    78536847        12/22/04
CUSTOMER-CENTRIC DESIGN                        78497714        10/11/04
VOTP                                           76602427        07/15/04
FIBEREXPRESS                                   75889720        01/07/00
SMART LEGEND                                   78151459        08/06/02
</TABLE>
<PAGE>

Belden CDT Inc.
Schedule 3.19(a)
Location Listing

<TABLE>
                                                                                          Owned/
          Legal Entity                       Street Address                 County        Leased            Activities
          ------------                       --------------                 ------        ------            ----------
<S>                                <C>                                  <C>             <C>          <C>
Belden CDT Inc.                    7701 Forsyth Blvd. Suite 800          Saint Louis      Leased         Corporate Office
                                   St. Louis, MO 63105
                                   7701 Forsyth Blvd. Suite 800
Belden Inc.                        St. Louis, MO 63105                   Saint Louis      Leased         Corporate Office
                                   7701 Forsyth Blvd. Suite 800
Belden Technologies, Inc.          St. Louis, MO 63105                   Saint Louis      Leased         Corporate Office
                                   7701 Forsyth Blvd. Suite 800
CDT International Holdings, Inc.   St. Louis, MO 63105                   Saint Louis      Leased         Corporate Office
                                   7701 Forsyth Blvd. Suite 800
Nordx/ CDT Corp.                   St. Louis, MO 63105                   Saint Louis      Leased         Corporate Office
                                   795 Fort Mill Highway                                              Manufacturing, Division
Belden CDT Networking Inc.         Fort Mill, SC 29715                      York          Owned              Office
                                   2833 West Chestnut
                                   St Washington, PA
Belden CDT Networking Inc.         15301                                 Washington       Owned           Manufacturing
                                   St Rt 21 R D #2
Belden CDT Networking Inc.         Waynesburg, PA 15627                  Westmoreland     Owned           Manufacturing
                                   2020 N Main St
Belden CDT Networking Inc.         Washington, PA 15301                   Washington      Leased          Manufacturing/
                                   4155 Russell Rd                                                        Distribution
Belden CDT Networking Inc.         Las Vegas, NV 89118                      Clark         Leased        Distribution/Office
                                   340 Gragson Drive                                                        /Sales
Belden CDT Networking Inc.         Memphis, TN 38106                       Shelby         Owned         Distribution/Office
                                   9 Mohawk Drive                                                           /Sales
                                                                                                       Manufacturing, sales,
Belden CDT Networking Inc.         Leominster, MA 01453                   Worcester       Owned            warehouse
                                   90 Progress Drive                                                 Manufacturing, Warehouse,
                                                                                                     Administrative, Reporting
Belden CDT Networking Inc.         Manchester, CT 06040                   Hartford        Leased           Division
                                   203 Progress Drive
Belden CDT Networking Inc.         Manchester, CT 06040                   Hartford        Leased         Manufacturing
                                   128 Tolman Avenue
Belden Wire & Cable Company        Leominster, Massachusetts 01453       Worcester        Owned        Manufacturing Facility
                                   711 Lidgerwood Avenue
                                                                                                          Distribution
Belden Wire & Cable Company        Elizabeth, New Jersey 07207             Union          Owned         Center/Warehouse
                                   Component Solutions
                                   330 North Palm Street, Unit D
Belden Wire & Cable Company        Brea, CA 92821                          Orange         Leased           Warehouse
                                   340 Gragson Drive
Belden Wire & Cable Company        Memphis, TN 38106                       Shelby         Owned            Warehouse
                                   2200 U.S. Highway 27 South
Belden Wire & Cable Company        Richmond, Indiana 47374                 Wayne          Owned        Division Headquarters
                                   1211 Columbia Avenue
Belden Wire & Cable Company        Monticello, Kentucky 42633              Wayne          Owned        Manufacturing Facility
                                   350 N.W. "N" Street
Belden Wire & Cable Company        Richmond, Indiana 47374                 Wayne          Owned        Manufacturing Facility
                                   667 Capp Harlan Road
Belden Wire & Cable Company        Tompkinsville, Kentucky 42167-1851      Monroe         Owned        Manufacturing Facility
                                   1411 N.W. 11th Street
Belden Wire & Cable Company        Richmond, Indiana 47374                 Wayne          Owned          Distribution Center
                                   4600 National Road West
Belden Wire & Cable Company        Richmond, Indiana 47374                 Wayne          Owned             Warehouse
</TABLE>
<PAGE>

<TABLE>
<S>                                <C>                                 <C>    <C>    <C>    <C>    <C>
                                   Landmark Plaza, Suire 305                                          Sales, Admininstration &
Thermax/CDT, Inc.                  Whitestone, NY 11357                    Queens        Leased            Engineering
                                   900 Northrop Road Wallingford, CT
Thermax/CDT, Inc.                  06492                                 New Haven       Leased       Sales & Administration
                                   8946 Winnetka Ave. Northridge, CA                                    Warehousing Sales &
Thermax/CDT, Inc.                  91324                                 Los Angeles     Leased           Administration
                                                                                                      Manufacturing, Sales,
                                   2851 Alton Parkway,  Irvine CA                                        Engineering &
Thermax/CDT, Inc.                  92606                                   Orange        Leased           Administration
</TABLE>
<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 3.19(b) - Chief Executive Offices

<TABLE>
<CAPTION>

                                  JURISDICTION OF
           LEGAL NAME              INCORPORATION      CHIEF EXECUTIVE OFFICE     PRINCIPAL PLACE OF BUSINESS
           ----------             ---------------     ----------------------     ---------------------------
<S>                                <C>              <C>                          <C>
Belden CDT Inc.                       Delaware          7701 Forsyth, #800            7701 Forsyth, #800
                                                       Saint Louis, MO 63105        Saint Louis, MO 63105

Belden Wire & Cable Company           Delaware      2200 U.S. Highway 27 South    2200 U.S. Highway 27 South
                                                        Richmond, IN 47374            Richmond, IN 47374

Belden Holdings, Inc.                 Delaware          7701 Forsyth, #800            7701 Forsyth, #800
                                                       Saint Louis, MO 63105        Saint Louis, MO 63105

Belden Technologies, Inc.             Delaware          7701 Forsyth, #800            7701 Forsyth, #800
                                                       Saint Louis, MO 63105        Saint Louis, MO 63105

Belden CDT Networking, Inc.          Washington        795 Fort Mill Highway        795 Fort Mill Highway
                                                        Fort Mill, SC 29715          Fort Mill, SC 29715

CDT International Holdings Inc.       Delaware          7701 Forsyth, #800            7701 Forsyth, #800
                                                       Saint Louis, MO 63105        Saint Louis, MO 63105

Nordx/CDT Corp.                       Delaware         795 Fort Mill Highway        795 Fort Mill Highway
                                                        Fort Mill, SC 29715          Fort Mill, SC 29715

Thermax/CDT, Inc.                     Delaware           900 Northrop Road            900 Northrop Road
                                                       Wallingford, CT 06492        Wallingford, CT 06492

Belden Inc.                           Delaware          7701 Forsyth, #800            7701 Forsyth, #800
                                                       Saint Louis, MO 63105        Saint Louis, MO 63105
</TABLE>
<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 3.22 - Labor Matters

The Credit Parties and their Subsidiaries have collective bargaining agreements
covering the employees of the following companies in the following locations.

<TABLE>
<CAPTION>
                LEGAL ENTITY                                                         LOCATION
-------------------------------------------   --------------------------------------------------------------------------------------
<S>                                           <C>
Belden Wire & Cable Company                   Warehouse employees of the Electronics Division in Elizabeth, New Jersey
Dearborn/CDT Inc.                             Employees of the Specialty Division in Wheeling, Illinois
Belden CDT (Canada) Inc.                      Employees of the Electronics Division in the Cobourg, Ontario, Canada manufacturing
                                              facility
Nordx/CDT Inc.                                Employees of the Networking Division in the Pointe Claire, Quebec, Canada
                                              manufacturing facility
Belden UK Limited                             Employees of the European Division in the Manchester, England manufacturing facility
Raydx/CDT Limited                             Employees of the European Division in the Littleborough, England manufacturing
                                              facility
Belden Wire & Cable B.V.                      Employees of the European Division in the Venlo, The Netherlands manufacturing
                                              facility
HEW-Kabel Heinz Eilentroop Verwaltungs GmbH   Employees of the European Division in the Wipperfurth, Germany manufacturing facility
Kabelovna Decin Poldmodly AS                  Employees of the European Division in the Decin, Czech Republic manufacturing facility
Cekan/CDT A/S                                 Employees of the European Division in the Gjern, Denmark manufacturing facility
</TABLE>
<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 3.24 - Material Contracts

Senior Note

Subordinated Note Documents
<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 3.25 - Insurance

<TABLE>
<CAPTION>
 CARRIER      POLICY NUMBER     EXPIRATION DATE          TYPE             AMOUNT
---------   -----------------   ---------------   -----------------   -------------
<S>         <C>                 <C>               <C>                 <C>
FM Global         FL231             10/1/06           Property        1,000,000,000
FM Global        OCP1530            10/1/06          Ocean Cargo          1,000,000
   ACE         HDOG21711238         10/1/06       General Liability       2,000,000
                                                        (US)
   ACE         CXCD36899724         10/1/06       General Liability       2,000,000
                                                      (Foreign)
   ACE         WLRC44333934         10/1/06          Automobile           1,000,000
   ACE         WLRC44333934         10/1/06            Workers            Statutory
                                                    Compensation
   ACE                              10/1/06           Employers          45,000,000
                                                   Liability (UK)
   AIG          SIHL1-075F          10/1/06       Aviation Products     100,000,000
   AIG          BE4484983           10/1/06       Excess Liability       50,000,000
  Chubb          81453819           10/10/6              D&O             10,000,000
Hartford      00DAO21999505         10/1/06            D&O x10           10,000,000
   ACE       DOXG21650912003        10/1/06            D&O x20           10,000,000
St. Paul        512CM1424           10/1/06            D&O x30           10,000,000
  Arch         DOX001033400         10/1/06            D&O x40           10,000,000
  Chubb          68034556           10/1/06            D&O x50           10,000,000
  Axis      RCN721802/01/2005       10/1/06            D&O x60           10,000,000
  Chubb          81453819           10/1/06             Crime            10,000,000
  Chubb          81453819           10/1/06           Fiduciary          10,000,000
  Chubb          81453819           10/1/06         Special Crime        10,000,000
   AIG           4941680            10/1/06           Employment         10,000,000
                                                      Practices
</TABLE>
<PAGE>

Belden CDT Inc.
Credit Facility
January 2006

Schedule 3.30 - Directors; Capitalization

Directors

Bryan C. Cressey, Chairman
Lorne D. Bain
Lance C. Balk
Christopher I. Byrnes
Michael F.O. Harris
Glenn Kalnasy
John M Monter
Bernard G. Rethore
John S. Stroup

Capitalization

Common stock - par value $0.01 per share; 200,000,000 authorized; 43,335,863
issued (as of November 1, 2005)

Preferred stock - par value $0.01 per share; 2,000,000 authorized; none
outstanding
<PAGE>

                                 Schedule 4.1(b)

                                    [FORM OF]
                             SECRETARY'S CERTIFICATE

                                 [CREDIT PARTY]

     Pursuant to Section 4.1(b) of the Credit Agreement, dated as of January 24,
2006 (as amended, restated, supplemented or otherwise modified, the "Credit
Agreement"; capitalized terms used herein and not defined shall have the
meanings provided in the Credit Agreement), by and among Belden CDT Inc., a
Delaware corporation (the "Borrower"), the Material Domestic Subsidiaries of the
Borrower from time to time party thereto (collectively the "Guarantors"), the
lenders from time to time party thereto (the "Lenders") and Wachovia Bank,
National Association, as administrative agent for the Lenders (the
"Administrative Agent"), the undersigned ____________ of [CREDIT PARTY] (the
"Company") hereby certifies as follows:

     1. Attached hereto as Exhibit A is a true and complete copy of the
[ARTICLES OF INCORPORATION] [CERTIFICATE OF FORMATION] [CERTIFICATE OF LIMITED
PARTNERSHIP] of the Company and all amendments thereto as in effect on the date
hereof.

     2. Attached hereto as Exhibit B is a true and complete copy of the [BYLAWS]
[OPERATING AGREEMENT] [PARTNERSHIP AGREEMENT] of the Company and all amendments
thereto as in effect on the date hereof.

     3. Attached hereto as Exhibit C is a true and complete copy of resolutions
duly adopted by the board of directors of the Company on ___________ ____. Such
resolutions have not in any way been rescinded or modified and have been in full
force and effect since their adoption to and including the date hereof, and such
resolutions are the only corporate proceedings of the Company now in force
relating to or affecting the matters referred to therein.

     4. The following persons are the duly elected and qualified officers of the
Company, holding the offices indicated next to the names below on the date
hereof, and the signatures appearing opposite the names of the officers below
are their true and genuine signatures, and each of such officers is duly
authorized to execute and deliver on behalf of the Company, the Credit
Agreement, the Notes and the other Credit Documents to be issued pursuant
thereto:

<TABLE>
<CAPTION>
Name   Office   Signature
----   ------   ---------
<S>    <C>      <C>

</TABLE>

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

     IN WITNESS WHEREOF, I hereunder subscribe my name effective as of the 24th
day of January, 2006.

                                        ----------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

     I, _______________________, the _______________________ of the Company,
hereby certify that ____________________ is the duly elected and qualified
_______________________ of the Company and that his/her true and genuine
signature is set forth above.

                                        ----------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

<PAGE>

                                 Schedule 4.1(h)

                                    [FORM OF]
                              SOLVENCY CERTIFICATE

     The undersigned chief financial officer of Belden CDT Inc., a Delaware
corporation (the "Borrower"), is familiar with the properties, businesses,
assets and liabilities of the Credit Parties and is duly authorized to execute
this certificate on behalf of the Borrower.

     Reference is made to that Credit Agreement, dated as of January 24, 2006
(as amended, restated, supplemented or otherwise modified, the "Credit
Agreement"), by and among the Borrower, the Material Domestic Subsidiaries of
the Borrower from time to time party thereto (collectively the "Guarantors"),
the lenders from time to time party thereto (the "Lenders") and Wachovia Bank,
National Association, as administrative agent for the Lenders (the
"Administrative Agent"). All capitalized terms used herein and not defined shall
have the meanings provided in the Credit Agreement.

     The undersigned certifies that he has made such investigation and inquiries
as to the financial condition of the Credit Parties as the undersigned deems
necessary and prudent for the purpose of providing this Certificate. The
undersigned acknowledges that the Administrative Agent and the Lenders are
relying on the truth and accuracy of this Certificate in connection with the
making of Loans and other Extensions of Credit under the Credit Agreement.

     The undersigned certifies that the financial information, projections and
assumptions which underlie and form the basis for the representations made in
this Certificate were reasonable when made and were made in good faith and
continue to be reasonable as of the date hereof.

     BASED ON THE FOREGOING, the undersigned certifies that, both before and
after giving effect to the Loans and other Extensions of Credit made on the
Closing Date:

          A. Each of the Credit Parties is solvent and is able to pay its debts
     and other liabilities, contingent obligations and other commitments as they
     mature in the normal course of business.

          B. None of the Credit Parties intends to, and does not believe that it
     will, incur debts or liabilities beyond its ability to pay as such debts
     and liabilities mature in their ordinary course.

          C. None of the Credit Parties is engaged in any business or
     transaction, or is about to engage in any business or transaction, for
     which the assets of such Credit Party would constitute unreasonably small
     capital after giving due consideration to the prevailing practice in the
     industry in which such Credit Party is engaged or is to engage.

          D. The present fair saleable value of the Credit Parties' collective
     assets, measured on a going concern basis, exceeds all probable
     liabilities, including those to be incurred pursuant to the Credit
     Agreement.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

     IN WITNESS WHEREOF, the undersigned has executed this Certificate as of the
day and year first above written, in the undersigned's capacity as the chief
financial officer of the Borrower.

                                        BELDEN CDT INC.,
                                        a Delaware corporation

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

<PAGE>

                                  Schedule 5.10

                                    [FORM OF]
                                JOINDER AGREEMENT

     THIS JOINDER AGREEMENT (this "Agreement"), dated as of __________, ____, is
by and among _____________________, a ______________________ (the "Subsidiary
Guarantor"), Belden CDT Inc., a Delaware corporation (the "Borrower"), and
Wachovia Bank, National Association, in its capacity as administrative agent (in
such capacity, the "Administrative Agent") under that certain Credit Agreement,
dated as of January 24, 2006 (as amended, restated, supplemented or otherwise
modified, the "Credit Agreement"), by and among the Borrower, the Material
Domestic Subsidiaries of the Borrower from time to time party thereto
(collectively the "Guarantors"), the lenders from time to time party thereto
(the "Lenders") and the Administrative Agent. Capitalized terms used herein but
not otherwise defined shall have the meanings provided in the Credit Agreement.

     The Subsidiary Guarantor is an Additional Credit Party, and, consequently,
the Credit Parties are required by Section 5.10 of the Credit Agreement to cause
the Subsidiary Guarantor to become a "Guarantor" thereunder.

     Accordingly, the Subsidiary Guarantor and the Borrower hereby agree as
follows with the Administrative Agent, for the benefit of the Lenders:

     1. The Subsidiary Guarantor hereby acknowledges, agrees and confirms that,
by its execution of this Agreement, the Subsidiary Guarantor will be deemed to
be a party to and a "Guarantor" under the Credit Agreement and shall have all of
the obligations of a Guarantor thereunder as if it had executed the Credit
Agreement. The Subsidiary Guarantor hereby ratifies, as of the date hereof, and
agrees to be bound by, all of the terms, provisions and conditions contained in
the applicable Credit Documents, including without limitation (a) all of the
representations and warranties set forth in Article III of the Credit Agreement
and (b) all of the affirmative and negative covenants set forth in Articles V
and VI of the Credit Agreement. Without limiting the generality of the foregoing
terms of this Paragraph 1, the Subsidiary Guarantor hereby guarantees, jointly
and severally together with the other Guarantors, the prompt payment of the
Credit Party Obligations in accordance with Article X of the Credit Agreement.

     2. The Subsidiary Guarantor hereby acknowledges, agrees and confirms that,
by its execution of this Agreement, the Subsidiary Guarantor will be deemed to
be a party to the Security Agreement, and shall have all the rights and
obligations of an "Obligor" (as such term is defined in the Security Agreement)
thereunder as if it had executed the Security Agreement. The Subsidiary
Guarantor hereby ratifies, as of the date hereof, and agrees to be bound by, all
of the terms, provisions and conditions contained in the Security Agreement.

     3. The Subsidiary Guarantor hereby acknowledges, agrees and confirms that,
by its execution of this Agreement, the Subsidiary Guarantor will be deemed to
be a party to the Pledge Agreement, and shall have all the rights and
obligations of a "Pledgor" thereunder as if it had executed the Pledge
Agreement. The Subsidiary Guarantor hereby ratifies, as of the date hereof, and
agrees to be bound by, all the terms, provisions and conditions contained in the
Pledge Agreement.

     4. The Subsidiary Guarantor acknowledges and confirms that it has received
a copy of the Credit Agreement and the schedules and exhibits thereto and each
Security Document and the schedules and exhibits thereto. The information on the
schedules to the Credit Agreement and the Security Documents are hereby
supplemented (to the extent permitted under the Credit Agreement or Security
Documents) to reflect the information shown on the attached Schedule A.

     5. The Borrower confirms that the Credit Agreement is, and upon the
Subsidiary Guarantor becoming a Guarantor, shall continue to be, in full force
and effect. The parties hereto confirm and agree that immediately upon the
Subsidiary Guarantor becoming a Guarantor the term "Credit Party Obligations,"
as used in the Credit Agreement, shall include all obligations of the Subsidiary
Guarantor under the Credit Agreement and under each other Credit Document.

<PAGE>

     6. Each of the Borrower and the Subsidiary Guarantor agrees that at any
time and from time to time, upon the written request of the Administrative
Agent, it will execute and deliver such further documents and do such further
acts as the Administrative Agent may reasonably request in accordance with the
terms and conditions of the Credit Agreement in order to effect the purposes of
this Agreement.

     7. This Agreement may be executed in two or more counterparts, each of
which shall constitute an original but all of which when taken together shall
constitute one contract.

     8. This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of New York without regard to conflict of
laws principles thereof (other than Sections 5-1401 and 5-1402 of The New York
General Obligations Law). The terms of Sections 9.14 and 9.17 of the Credit
Agreement are incorporated herein by reference, mutatis mutandis, and the
parties hereto agree to such terms.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

     IN WITNESS WHEREOF, each of the Borrower and the Subsidiary Guarantor has
caused this Agreement to be duly executed by its authorized officer, and the
Administrative Agent, for the benefit of the Lenders, has caused the same to be
accepted by its authorized officer, as of the day and year first above written.

SUBSIDIARY GUARANTOR:                   [SUBSIDIARY GUARANTOR]

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

BORROWER:                               BELDEN CDT INC.,
                                        a Delaware corporation

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

Acknowledged, accepted and agreed:

WACHOVIA BANK, NATIONAL ASSOCIATION,
as Administrative Agent

By:
    ---------------------------------
Name:
      -------------------------------
Title:
       ------------------------------

<PAGE>

                                   SCHEDULE A
                                       to
                                Joinder Agreement

              Schedules to Credit Agreement and Security Documents
<PAGE>

Belden CDT Inc.
Credit Agreement
January 2005

Schedule 6.1(b) - Indebtedness

Senior Notes (1997)

Senior Notes (1999)

Subordinated Debt Securities

Other debt (in Europe) in an aggregate principal amount not exceeding $1 million

Intercompany indebtedness reflected on Schedule 1.1(b)

<PAGE>

Belden CDT Inc.
Credit Agreement
January 2006

Schedule 6.6 - Transactions with Affiliates

None
<PAGE>

                                 Schedule 9.6(c)

                                    [FORM OF]
                         COMMITMENT TRANSFER SUPPLEMENT

     Reference is made to the Credit Agreement, dated as of January 24, 2006 (as
amended, restated, supplemented or otherwise modified, the "Credit Agreement"),
by and among Belden CDT Inc., a Delaware corporation (the "Borrower"), the
Material Domestic Subsidiaries of the Borrower from time to time party thereto
(collectively the "Guarantors"), the lenders from time to time party thereto
(the "Lenders") and Wachovia Bank, National Association, as administrative agent
for the Lenders (the "Administrative Agent"). Unless otherwise defined herein,
terms defined in the Credit Agreement and used herein shall have the meanings
provided in the Credit Agreement.

     __________________________________ (the "Transferor Lender") and
_________________________ (the "Purchasing Lender") agree as follows:

     1. For an agreed consideration, the Transferor Lender hereby irrevocably
sells and assigns to the Purchasing Lender, and the Purchasing Lender hereby
irrevocably purchases and assumes from the Transferor Lender, as of the Transfer
Funding Date (as defined below), (a) all of the Transferor Lender's rights and
obligations under the Credit Agreement with respect to those credit facilities
contained in the Credit Agreement as set forth on Schedule 1, and all
instruments delivered pursuant thereto to the extent related to the principal
amount and Commitment Percentage set forth on Schedule 1 attached hereto of all
of such outstanding rights and obligations of the Transferor Lender under the
respective facilities set forth on Schedule 1 (including any letters of credit,
guarantees, and swingline loans included in such facilities) and (b) to the
extent permitted to be assigned under applicable law, all claims, suits, causes
of action and any other right of the Transferor Lender (in its capacity as a
Lender) 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 (a) above (the rights and obligations sold and
assigned pursuant to clauses (a) and (b) above being referred to herein
collectively as, the "Assigned Interest"). Such sale and assignment is without
recourse to the Transferor Lender and, except as expressly provided in this
Commitment Transfer Supplement, without representation or warranty by the
Transferor Lender.

     2. The Transferor Lender (a) represents and warrants that (i) it is the
legal and beneficial owner of the Assigned Interest, (ii) the 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 Commitment Transfer Supplement and to consummate the transactions
contemplated hereby; (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 Credit Document, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Credit
Documents or any collateral thereunder, (iii) the financial condition of the
Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in
respect of any Credit Document or (iv) the performance or observance by the
Borrower, any of its Subsidiaries or Affiliates or any other Person of any of
their respective obligations under the Credit Documents; and (c) in the case of
an assignment of the entire remaining amount of the Transferor Lender's
Commitments, attaches any Note(s) held by it evidencing the Assigned Interest
and requests that the Administrative Agent exchange the attached Note(s) for a
new Note(s) payable to the Purchasing Lender.

         3. The Purchasing Lender (a) represents and warrants that (i) it has
full power and authority, and has taken all action necessary, to execute and
deliver this Commitment Transfer Supplement and to consummate the transactions
contemplated hereby and to become a Lender under the Credit Agreement, (ii) from
and after the Effective Date (as defined below), it shall be bound by the
provisions of the Credit Documents as a Lender thereunder and, to the extent of
the Assigned Interest, shall have the obligations of a Lender thereunder and
(iii) it has received a copy of the Credit Agreement, together with copies of
the financial statements referred to in Section 3.1 thereof, the financial
statements delivered pursuant to Section 5.1 thereof, if any, and such other
documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into this Commitment Transfer Supplement and to
purchase the Assigned Interest on the basis of which it has made such analysis
and decision independently and without reliance on the Administrative Agent or
any other Lender; (b) agrees that it will (i) independently and without reliance
upon the Transferor Lender, the Administrative Agent or any other Lender and
based on such documents and information as it shall deem appropriate at the
time, continue to make its own credit decisions in taking or not taking action
under the Credit Agreement, the other Credit Documents or any other instrument
or document furnished pursuant hereto or thereto and (ii) perform in accordance
with its terms all the

<PAGE>

obligations which by the terms of the Credit Documents are required to be
performed by it as a Lender including, if it is organized under the laws of a
jurisdiction outside the United States, its obligations pursuant to Section 2.18
of the Credit Agreement; and (c) appoints and authorizes the Administrative
Agent to take such action as agent on its behalf and to exercise such powers and
discretion under the Credit Agreement, the other Credit Documents or any other
instrument or document furnished pursuant hereto or thereto as are delegated to
the Administrative Agent by the terms thereof, together with such powers as are
incidental thereto.

     4. The effective date of this Commitment Transfer Supplement shall be
________ ___, ____ (the "Effective Date"). Following the execution of this
Commitment Transfer Supplement, it will be delivered to the Administrative Agent
for acceptance by it and recording by the Administrative Agent pursuant to the
Credit Agreement, effective as of the Effective Date.

     5. The funding date for this Commitment Transfer Supplement shall be
________ ___, ____ (the "Transfer Funding Date"). On the Transfer Funding Date,
any registration and processing fee shall be due and payable to the
Administrative Agent pursuant to Section 9.6 of the Credit Agreement.

     6. Upon such acceptance, recording and payment of applicable registration
and processing fees, from and after the Transfer Funding Date, the
Administrative Agent shall make all payments in respect of the Assigned Interest
(including payments of principal, interest, fees and other amounts) to the
Purchasing Lender whether such amounts have accrued prior to the Transfer
Funding Date or accrue subsequent to the Transfer Funding Date. The Transferor
Lender and the Purchasing Lender shall make all appropriate adjustments in
payments by the Administrative Agent for periods prior to the Transfer Funding
Date or, with respect to the making of this assignment, directly between
themselves.

     7. From and after the Transfer Funding Date, (a) the Purchasing Lender
shall be a party to the Credit Agreement and, to the extent provided in this
Commitment Transfer Supplement, have the rights and obligations of a Lender
thereunder and under the other Credit Documents and shall be bound by the
provisions thereof and (b) the Transferor Lender shall, to the extent provided
in this Commitment Transfer Supplement, relinquish its rights and be released
from its obligations under the Credit Agreement.

     8. This Commitment Transfer Supplement shall be governed by, and construed
and enforced in accordance with, the laws of the State of New York without
regard to conflict of laws principles thereof (other than Sections 5-1401 and
5-1402 of The New York General Obligations Law).

     IN WITNESS WHEREOF, the parties hereto have caused this Commitment Transfer
Supplement to be executed as of the date first above written by their respective
duly authorized officers on Schedule 1 hereto.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

                                   SCHEDULE 1
                        TO COMMITMENT TRANSFER SUPPLEMENT

                         EFFECTIVE DATE: ________, ____

Name of Transferor Lender: ________________

Name of Purchasing Lender: ________________

Transfer Funding Date of Assignment: ________________

Credit Facility CUSIP Number: ______________

Assigned Interest:

<TABLE>
<CAPTION>
                       Principal Amount of      Commitment Percentage
Facility Assigned   Commitment/Loans Assigned        Assigned(1)        CUSIP Number
-----------------   -------------------------   ---------------------   ------------
<S>                 <C>                         <C>                     <C>
                            $________                  ______%
</TABLE>

[NAME OF PURCHASING LENDER]             [NAME OR TRANSFEROR LENDER]

By                                      By
   ----------------------------------      -------------------------------------
Name:                                   Name:
Title:                                  Title:

Accepted (if required):                 Consented to (if required):

WACHOVIA BANK, NATIONAL ASSOCIATION,    BELDEN CDT INC.,
as the Administrative Agent,            a Delaware corporation,
Swingline Lender and Issuing Lender     as the Borrower

By:                                     By:
    ---------------------------------       ------------------------------------
Name:                                   Name:
Title:                                  Title:

----------
(1)  Calculate the Commitment Percentage that is assigned to at least 9 decimal
     places and show as a percentage of the aggregate commitments of all
     Lenders.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}]]