Document:

Exhibit
10.1

EXECUTION VERSION

 

Second Amended and Restated Credit Agreement

Dated as of August 31, 2007

among

AECOM Technology Corporation,

The Subsidiary Borrowers

Bank of America, N.A., 

as the Administrative Agent,

Union Bank of California, N.A.,

Wells Fargo Bank, N.A.,

BMO Capital Markets Financing, Inc.,

and

BNP Paribas

as Co-Syndication Agents

and

The Other Financial

Institutions Party Hereto

Banc of America Securities LLC,

as a Co-Lead Arranger and Sole Book Manager

and

Union Bank of California, N.A.,

as a Co-Lead Arranger

 

TABLE OF CONTENTS

	
  SECTION 1.

  	
   

  	
  DEFINITIONS AND RELATED MATTERS

  	
   

  	
  2

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1.01

  	
   

  	
  Definitions

  	
   

  	
  2

  
	
  1.02

  	
   

  	
  Other Interpretive Provisions

  	
   

  	
  29

  
	
  1.03

  	
   

  	
  Exchange Rates; Currency Equivalents

  	
   

  	
  31

  
	
  1.04

  	
   

  	
  Extensions of Credit in Offshore Currencies

  	
   

  	
  31

  
	
  1.05

  	
   

  	
  Letter of Credit Amounts

  	
   

  	
  32

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  2.

  	
   

  	
  THE CREDITS

  	
   

  	
  33

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  2.01

  	
   

  	
  Amounts and Terms of Commitments

  	
   

  	
  33

  
	
  2.01A

  	
   

  	
  The Swing Line

  	
   

  	
  33

  
	
  2.02

  	
   

  	
  Loan Accounts and Notes

  	
   

  	
  34

  
	
  2.03

  	
   

  	
  Borrowings, Conversions and Continuations of Loans

  	
   

  	
  35

  
	
  2.04

  	
   

  	
  Voluntary Termination or Reduction of Commitments
  prior to the Termination Date

  	
   

  	
  36

  
	
  2.04A

  	
   

  	
  Optional Increase in Commitments

  	
   

  	
  36

  
	
  2.05

  	
   

  	
  Optional Prepayments

  	
   

  	
  38

  
	
  2.06

  	
   

  	
  Mandatory Prepayments

  	
   

  	
  38

  
	
  2.07

  	
   

  	
  Repayment

  	
   

  	
  39

  
	
  2.08

  	
   

  	
  Interest

  	
   

  	
  39

  
	
  2.09

  	
   

  	
  Fees

  	
   

  	
  39

  
	
  2.10

  	
   

  	
  Computation of Fees and Interest

  	
   

  	
  40

  
	
  2.11

  	
   

  	
  Payments by the Borrowers

  	
   

  	
  41

  
	
  2.12

  	
   

  	
  Payments by Lenders to Administrative Agent

  	
   

  	
  42

  
	
  2.13

  	
   

  	
  Sharing of Payments, Etc.

  	
   

  	
  43

  
	
  2.14

  	
   

  	
  Guaranty

  	
   

  	
  43

  
	
  2.15

  	
   

  	
  Several Obligations

  	
   

  	
  43

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  3.

  	
   

  	
  THE LETTERS OF CREDIT

  	
   

  	
  43

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  3.01

  	
   

  	
  The Letter of Credit Subfacility

  	
   

  	
  43

  
	
  3.02

  	
   

  	
  Issuances and Amendments of Letters of Credit

  	
   

  	
  45

  
	
  3.03

  	
   

  	
  Risk Participations, Drawings and Reimbursements

  	
   

  	
  46

  
	
  3.04

  	
   

  	
  Repayment of Participations

  	
   

  	
  47

  
	
  3.05

  	
   

  	
  Special Provisions Relating to Auto-Extension
  Letters of Credit

  	
   

  	
  48

  
	
  3.06

  	
   

  	
  Role of Issuing Lender

  	
   

  	
  48

  
	
  3.07

  	
   

  	
  Obligations Absolute

  	
   

  	
  49

  
	
  3.08

  	
   

  	
  Cash Collateral Pledge

  	
   

  	
  50

  
	
  3.09

  	
   

  	
  Letter of Credit Fees

  	
   

  	
  50

  
	
  3.10

  	
   

  	
  Uniform Customs and Practice

  	
   

  	
  51

  
	
  3.11

  	
   

  	
  Conflict with Issuer Documents

  	
   

  	
  51

  
	
  3.12

  	
   

  	
  Letters of Credit Issued for Subsidiaries

  	
   

  	
  52

  

 

 i
 

 

	
  SECTION 4.

  	
   

  	
  TAXES, YIELD PROTECTION AND ILLEGALITY

  	
   

  	
  52

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  4.01

  	
   

  	
  Taxes

  	
   

  	
  52

  
	
  4.02

  	
   

  	
  Increased Costs and Reduction of Return

  	
   

  	
  55

  
	
  4.03

  	
   

  	
  Illegality

  	
   

  	
  56

  
	
  4.04

  	
   

  	
  Inability to Determine Rates

  	
   

  	
  57

  
	
  4.05

  	
   

  	
  Funding Losses

  	
   

  	
  57

  
	
  4.06

  	
   

  	
  Certificates of Lenders

  	
   

  	
  57

  
	
  4.07

  	
   

  	
  Substitution of Lenders

  	
   

  	
  58

  
	
  4.08

  	
   

  	
  Survival

  	
   

  	
  58

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  5.

  	
   

  	
  CONDITIONS TO LOANS AND LETTERS OF CREDIT

  	
   

  	
  58

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  5.01

  	
   

  	
  Conditions Precedent to All Loans and Letters of
  Credit

  	
   

  	
  58

  
	
  5.02

  	
   

  	
  Conditions Precedent to each Extension of Credit

  	
   

  	
  61

  
	
  5.03

  	
   

  	
  Conditions for a Subsidiary Becoming a Subsidiary
  Borrower or Subsidiary Guarantor

  	
   

  	
  62

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  6.

  	
   

  	
  REPRESENTATIONS AND WARRANTIES

  	
   

  	
  63

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  6.01

  	
   

  	
  Organization, Powers and Good Standing

  	
   

  	
  63

  
	
  6.02

  	
   

  	
  Authorization, Binding Effect, No Conflict, Etc.

  	
   

  	
  64

  
	
  6.03

  	
   

  	
  Financial Information

  	
   

  	
  64

  
	
  6.04

  	
   

  	
  No Material Adverse Effect

  	
   

  	
  65

  
	
  6.05

  	
   

  	
  Litigation

  	
   

  	
  65

  
	
  6.06

  	
   

  	
  No Defaults; Applicable Law

  	
   

  	
  65

  
	
  6.07

  	
   

  	
  Taxes

  	
   

  	
  65

  
	
  6.08

  	
   

  	
  Governmental Regulation

  	
   

  	
  65

  
	
  6.09

  	
   

  	
  Margin Regulations

  	
   

  	
  65

  
	
  6.10

  	
   

  	
  Employee Benefit Plans

  	
   

  	
  65

  
	
  6.11

  	
   

  	
  Title to Property; Liens

  	
   

  	
  67

  
	
  6.12

  	
   

  	
  Subsidiaries; Significant Subsidiaries; Equity
  Interests

  	
   

  	
  67

  
	
  6.13

  	
   

  	
  Licenses, Trademarks; Etc.

  	
   

  	
  67

  
	
  6.14

  	
   

  	
  Environmental Condition

  	
   

  	
  68

  
	
  6.15

  	
   

  	
  Solvency

  	
   

  	
  69

  
	
  6.16

  	
   

  	
  Absence of Certain Restrictions

  	
   

  	
  69

  
	
  6.17

  	
   

  	
  Labor Matters

  	
   

  	
  69

  
	
  6.18

  	
   

  	
  Full Disclosure

  	
   

  	
  69

  
	
  6.19

  	
   

  	
  Tax Shelter Regulations

  	
   

  	
  70

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  7.

  	
   

  	
  AFFIRMATIVE COVENANTS

  	
   

  	
  70

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  7.01

  	
   

  	
  Financial Statements

  	
   

  	
  70

  
	
  7.02

  	
   

  	
  Certificates; Other Information

  	
   

  	
  71

  
	
  7.03

  	
   

  	
  Notices

  	
   

  	
  73

  
	
  7.04

  	
   

  	
  Records and Inspection

  	
   

  	
  74

  
	
  7.05

  	
   

  	
  Corporate Existence, Etc.

  	
   

  	
  75

  

 

 ii
 

 

	
  7.06

  	
   

  	
  Payment of Taxes

  	
   

  	
  75

  
	
  7.07

  	
   

  	
  Maintenance of Properties

  	
   

  	
  75

  
	
  7.08

  	
   

  	
  Maintenance of Insurance

  	
   

  	
  75

  
	
  7.09

  	
   

  	
  Conduct of Business

  	
   

  	
  75

  
	
  7.10

  	
   

  	
  Further Assurances

  	
   

  	
  76

  
	
  7.11

  	
   

  	
  Subordination of Intercompany Loans and Advances to
  the Company

  	
   

  	
  76

  
	
  7.12

  	
   

  	
  Payment of Obligations

  	
   

  	
  76

  
	
  7.13

  	
   

  	
  Compliance with Laws

  	
   

  	
  76

  
	
  7.14

  	
   

  	
  Environmental Laws

  	
   

  	
  77

  
	
  7.15

  	
   

  	
  Solvency

  	
   

  	
  77

  
	
  7.16

  	
   

  	
  Use of Proceeds

  	
   

  	
  77

  
	
  7.17

  	
   

  	
  Additional Subsidiary Guarantors

  	
   

  	
  77

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  8.

  	
   

  	
  NEGATIVE COVENANTS

  	
   

  	
  77

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  8.01

  	
   

  	
  Liens

  	
   

  	
  78

  
	
  8.02

  	
   

  	
  Indebtedness

  	
   

  	
  79

  
	
  8.03

  	
   

  	
  Restricted Payments

  	
   

  	
  81

  
	
  8.04

  	
   

  	
  Investments

  	
   

  	
  82

  
	
  8.05

  	
   

  	
  Financial Covenants

  	
   

  	
  83

  
	
  8.06

  	
   

  	
  Restriction on Fundamental Changes

  	
   

  	
  83

  
	
  8.07

  	
   

  	
  Asset Dispositions

  	
   

  	
  83

  
	
  8.08

  	
   

  	
  Transactions with Affiliates

  	
   

  	
  84

  
	
  8.09

  	
   

  	
  Restrictive Agreements

  	
   

  	
  84

  
	
  8.10

  	
   

  	
  Amendments of Bylaws

  	
   

  	
  85

  
	
  8.11

  	
   

  	
  Change in Business

  	
   

  	
  85

  
	
  8.12

  	
   

  	
  Accounting Changes

  	
   

  	
  85

  
	
  8.13

  	
   

  	
  Contributions to the Plans

  	
   

  	
  85

  
	
  8.14

  	
   

  	
  Right to Terminate Post-Retirement Benefits

  	
   

  	
  85

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  9.

  	
   

  	
  EVENTS OF DEFAULT

  	
   

  	
  85

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  9.01

  	
   

  	
  Events of Default

  	
   

  	
  85

  
	
  9.02

  	
   

  	
  Remedies

  	
   

  	
  89

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  SECTION
  10.

  	
   

  	
  ADMINISTRATIVE AGENT

  	
   

  	
  90

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  10.01

  	
   

  	
  Appointment and Authority

  	
   

  	
  90

  
	
  10.02

  	
   

  	
  Rights as a Lender

  	
   

  	
  90

  
	
  10.03

  	
   

  	
  Exculpatory Provisions

  	
   

  	
  90

  
	
  10.04

  	
   

  	
  Reliance by Administrative Agent

  	
   

  	
  91

  
	
  10.05

  	
   

  	
  Delegation of Duties

  	
   

  	
  91

  
	
  10.06

  	
   

  	
  Resignation of Administrative Agent

  	
   

  	
  92

  
	
  10.07

  	
   

  	
  Non-Reliance on Administrative Agent and Other
  Lenders

  	
   

  	
  93

  
	
  10.08

  	
   

  	
  No Other Duties, Etc.

  	
   

  	
  93

  
	
  10.09

  	
   

  	
  Guaranty Matters

  	
   

  	
  93

  

 

 iii
 

 

	
  SECTION 11.

  	
   

  	
  MISCELLANEOUS

  	
   

  	
  93

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  11.01

  	
   

  	
  Amendments and Waivers

  	
   

  	
  93

  
	
  11.02

  	
   

  	
  Transmission and Effectiveness of Communications and
  Signatures

  	
   

  	
  95

  
	
  11.03

  	
   

  	
  No Waiver; Cumulative Remedies

  	
   

  	
  96

  
	
  11.04

  	
   

  	
  Costs and Expenses

  	
   

  	
  96

  
	
  11.05

  	
   

  	
  Indemnity and Reimbursements

  	
   

  	
  96

  
	
  11.06

  	
   

  	
  Marshalling; Payments Set Aside

  	
   

  	
  98

  
	
  11.07

  	
   

  	
  Successors and Assigns

  	
   

  	
  99

  
	
  11.08

  	
   

  	
  Assignments, Participations, Etc.

  	
   

  	
  99

  
	
  11.09

  	
   

  	
  Set-Off

  	
   

  	
  103

  
	
  11.10

  	
   

  	
  Notification of Addresses, Lending Offices, Etc.

  	
   

  	
  103

  
	
  11.11

  	
   

  	
  Counterparts

  	
   

  	
  103

  
	
  11.12

  	
   

  	
  Severability

  	
   

  	
  103

  
	
  11.13

  	
   

  	
  No Third Parties Benefited

  	
   

  	
  103

  
	
  11.14

  	
   

  	
  Time

  	
   

  	
  104

  
	
  11.15

  	
   

  	
  Governing Law and Jurisdiction.

  	
   

  	
  104

  
	
  11.16

  	
   

  	
  Waiver of Jury Trial

  	
   

  	
  104

  
	
  11.17

  	
   

  	
  Entire Agreement

  	
   

  	
  105

  
	
  11.18

  	
   

  	
  Obligations Several and Not Joint; Certain Waivers

  	
   

  	
  105

  
	
  11.19

  	
   

  	
  USA PATRIOT Act Notice

  	
   

  	
  108

  

 

 iv
 

 

 

 

	
  EXHIBITS

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Form of

  
	
   

  	
   

  	
   

  
	
  A

  	
   

  	
  Form of Request for Extension of Credit

  
	
  B

  	
   

  	
  Form of Compliance Certificate

  
	
  C

  	
   

  	
  Form of Note

  
	
  D

  	
   

  	
  Master Guaranty and Intercreditor Agreement

  
	
  E

  	
   

  	
  Form of Assignment and Acceptance

  
	
  F

  	
   

  	
  Form of Instrument of Joinder

  
	
   

  	
   

  	
   

  
	
  SCHEDULES

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  1.01

  	
   

  	
  Mandatory Cost Formulae

  
	
  2.01

  	
   

  	
  Commitments and Pro Rata Shares

  
	
  2.02

  	
   

  	
  Offshore Currencies as of Amendment Effective Date

  
	
  3.01(b)

  	
   

  	
  Existing Letters of Credit

  
	
  6.01

  	
   

  	
  Subsidiaries; Partnerships and Joint Ventures

  
	
  6.05

  	
   

  	
  Litigation

  
	
  6.06

  	
   

  	
  Violations of Applicable Law or Agreements

  
	
  6.07

  	
   

  	
  Taxes

  
	
  6.10

  	
   

  	
  Employee Benefit Plans

  
	
  6.12

  	
   

  	
  Subsidiaries, Significant Subsidiaries and Equity
  Interests

  
	
  6.13

  	
   

  	
  Licenses, Trademarks, Etc.

  
	
  6.14

  	
   

  	
  Environmental Condition

  
	
  6.17

  	
   

  	
  Labor Matters

  
	
  8.01

  	
   

  	
  Existing Liens

  
	
  8.02

  	
   

  	
  Existing Indebtedness

  
	
  11.02

  	
   

  	
  Addresses and Lending Offices

  

 

 v

SECOND AMENDED AND
RESTATED CREDIT AGREEMENT

This SECOND AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of
August 31, 2007 (this “Agreement”) among AECOM Technology
Corporation, a Delaware corporation (the “Company”), each Wholly-Owned
Subsidiary of the Company from time to time after the Amendment Effective Date
designated as a borrower hereunder (each, a “Subsidiary Borrower”, and
collectively, the “Subsidiary Borrowers”, and together with the Company,
the “Borrowers”), the several financial institutions from time to time
parties hereto (each, a “Lender” and collectively, the “Lenders”),
Bank of America, N.A., Union Bank of California, N.A., Harris N.A. (solely in
the case of those Existing Letters of Credit referred to below that were issued
by Harris N.A.), HSBC Bank USA, National Association, and BNP Paribas, in their
respective capacities as a letter of credit issuing lender (each, an “Issuing
Lender” and collectively, the “Issuing Lenders”), Bank of America,
N.A., as administrative agent (the “Administrative Agent”) and swing
line lender (the “Swing Line Lender”), and Union Bank of California,
N.A., Wells Fargo Bank, N.A., BMO Capital Markets Financing, Inc., and BNP
Paribas, in their respective capacities as a syndication agent (each, a “Syndication
Agent” and collectively, the “Syndication Agents”).

RECITALS

A.                                   Certain of the parties hereto are parties
to an Amended and Restated Credit Agreement dated as of September 22, 2006 by
and among the Company, the Subsidiary Borrowers identified therein, Union Bank
of California, N.A., as Administrative Agent, and the Lenders identified
therein (the “Existing Credit Agreement”), and certain other Loan Documents
entered into in connection with (and as defined in) the Existing Credit
Agreement (collectively with the Existing Credit Agreement, the “Existing Loan
Documents”), pursuant to which the Lenders party thereto provided credit
facilities to the Company and certain of its affiliates in the aggregate
principal amount of up to $300,000,000, subject to increase from time to time
to a maximum aggregate principal amount of up to $375,000,000 as set forth in
the Existing Credit Agreement.

B.                                     The parties wish to enter into this
Agreement and the other Loan Documents described herein,  which shall amend, restate, replace and
supersede (but not cause a novation of) the Existing Credit Agreement and the
other Existing Loan Documents and which hereinafter shall govern the teams and
conditions under which the Lenders shall provide senior revolving and letter of
credit facilities to the Borrowers.

C.                                     On the effective date of this Agreement,
Bank of America will assume the role of administrative agent and Union Bank
will no longer be the administrative agent.

D.                                    On the effective date of this Agreement,
the Existing Letters of Credit identified more particularly herein, which were
issued under the Existing Credit Agreement, will be considered to be
outstanding under and hereafter shall be governed by the terms of this
Agreement.

NOW, THEREFORE, in consideration of the mutual agreements, provisions
and covenants contained herein, the parties hereby agree as follows:

 1
 

SECTION
1.  DEFINITIONS
AND RELATED MATTERS

1.01                        Definitions.  Terms used in this Agreement shall have the
respective meanings set forth in this Section 1.01, in the sections
of this Agreement or in the other Loan Documents.

“Administrative Agent” means Bank of America in its capacity as
Administrative Agent for the Lenders hereunder, and any successor
Administrative Agent.

“Administrative Agent-Related Persons” means the Administrative
Agent and any successor Administrative Agent arising under Section 10.09
and the Issuing Lenders and any other or successor letter of credit Issuing
Lenders hereunder, together with their respective Affiliates, and the officers,
directors, employees, agents and attorneys-in-fact of such Persons and
Affiliates.

“Administrative Agent’s Office” means the address for payments
set forth on the signature page hereto in relation to the Administrative Agent
or such other address as the Administrative Agent may from time to time specify
in accordance with Section 11.02.

“Affected Lender” has the meaning specified in Section 4.07.

“Affiliate” means, with respect to a Person, any other Person
that, directly or indirectly through one or more intermediaries, controls, or
is controlled by, or is under common control with, such first Person.  The term “control” means the possession,
directly or indirectly, of the power, whether or not exercised, (a) to
vote more than thirty-five percent (35%) of the securities having voting
power for the election of directors of such Person, or (b) to direct or
cause the direction of the management or policies of a Person, whether through
the ownership of voting securities or other equity interests, by contract or
otherwise, and the terms “controlled” and “common control shall have
correlative meanings.  Notwithstanding
the foregoing provisions of this definition, in no event shall the trustee
under any Plan, any Lender or the Administrative Agent be deemed to be an
Affiliate of the Company or any of its Subsidiaries.

“Aggregate Commitment” means the combined Commitments of the
Lenders set forth in Schedule 2.01 in an initial amount of
$600,000,000, as such amount may be increased from time to time by an aggregate
amount of up to $150,000,000 pursuant to Section 2.04A or reduced
permanently pursuant to Section 2.04.

“Agreement” has the meaning specified in the preamble hereto.

“Amendment Effective Date” means the date on which all
conditions precedent to the effectiveness of this Agreement set forth in Section
5 are satisfied or waived by the Administrative Agent.  The Administrative Agent shall notify the
Borrowers and the Lenders in writing of the date that is the Amendment
Effective Date.

“Applicable Law” means all applicable provisions of all
(a) constitutions, treaties, statutes, laws, rules, regulations,
ordinances and orders of any Governmental Authority, (b) Governmental
Approvals, and (c) orders, decisions, judgments, awards and decrees of any
Governmental Authority.

 2
 

“Applicable L/C Termination Date” means, in the case of
Commercial Letters of Credit and Financial Letters of Credit, a date that is
the earlier of 12 months after the date of issuance or 7 Business Days prior to
the Termination Date, and, in the case of Performance Letters of Credit, a date
that is the earlier of 36 months after the date of issuance or 7 Business Days
prior to the Termination Date.

“Applicable Margin” means the following interest rate margins or
fees (expressed in basis points per annum), based upon the Leverage Ratio as
set forth in the most recent Compliance Certificate received by the
Administrative Agent pursuant to Section 7.02(c):

	
  Pricing

  Level

  	
   

  	
  Leverage Ratio

  	
   

  	
  Applicable Margin

  for Offshore Rate

  Loans/Financial

  Letter of Credit Fees

  	
   

  	
  Applicable

  Margin for Base

  Rate Loans

  	
   

  	
  Commitment

  Fee

  	
   

  	
  Applicable

  Performance

  Letter of

  Credit Fees

  
	
  1

  	
   

  	
  <1.00:1

  	
   

  	
  50.0 basis points

  	
   

  	
  0 basis points

  	
   

  	
  10.0 basis points

  	
   

  	
  37.500

  
	
  2

  	
   

  	
  >1.00:1
  but <1.50:l

  	
   

  	
  62.5 basis points

  	
   

  	
  0 basis points

  	
   

  	
  12.5 basis points

  	
   

  	
  46.875

  
	
  3

  	
   

  	
  >1.50:l
  but <2.00:1

  	
   

  	
  75.0 basis points

  	
   

  	
  0 basis points

  	
   

  	
  15.0 basis points

  	
   

  	
  56.250

  
	
  4

  	
   

  	
  >2.00:1
  but <2.50:l

  	
   

  	
  100.0 basis points

  	
   

  	
  0 basis points

  	
   

  	
  20.0 basis points

  	
   

  	
  75.000

  
	
  5

  	
   

  	
  >2.50:1

  	
   

  	
  137.5 basis points

  	
   

  	
  0 basis points

  	
   

  	
  25.0 basis points

  	
   

  	
  103.125

  

 

Any increase or decrease in the Applicable Margin resulting from a
change in the Leverage Ratio shall become effective two Business Days after the
date that the Administrative Agent receives a duly completed Compliance Certificate
pursuant to Section 7.02(c); provided, however, that
if the Administrative Agent fails to receive a Compliance Certificate on the
due date therefor provided in Section 7.02(c), then until (but only
until) such Compliance Certificate is thereafter received, the Applicable
Margin shall continue to be based on the Pricing Level then in effect; provided
that, if such Compliance Certificate indicates a change in the Leverage Ratio
that results in an increase in the Applicable Margin, such increase shall be
retroactive to a date two Business Days after the due date for such Compliance
Certificate.

As of the Amendment Effective Date, Pricing Level 1 shall apply.  Pricing Level 1 shall remain in effect until
two Business Days after the date that the Administrative Agent receives a duly
completed compliance certificate pursuant to Section 7.02(c) as of
the end of the last Fiscal Quarter of the Company’s Fiscal Year 2007.

“Arrangers” means, collectively, BAS and Union Bank, in their
respective capacities as Co-Lead Arrangers.

“Asset Disposition” means any sale, assignment, transfer, lease
or other disposition (including, without limitation, any Sale-Leaseback
Transaction and any sale or other disposition effected by way of merger or
consolidation (other than a merger or consolidation permitted pursuant to Section 8.06)
but not including (x) any sale or other disposition by the Company to any
Guarantor or (y) any sale or other disposition by any Subsidiary to the Company
or a Wholly-Owned Subsidiary) in any single transaction or series of related
transactions, of (a) all or substantially all of the Capital Stock of any
Significant Subsidiary, (b) all or substantially all of 

 3
 

the assets of the Company or any Significant
Subsidiary, (c) all or substantially all of the assets of a division or
comparable business segment of the Company or any Significant Subsidiary, or
(d) any other asset or assets if the aggregate amount of Net Cash Proceeds
and the fair value of Non-Cash Proceeds from the sale or other disposition of
such asset or assets, together with the Net Cash Proceeds and the fair value of
Non-Cash Proceeds of any other sale or other disposition of assets of the
Company or any Subsidiary in a series of related transactions since the
Amendment Effective Date, exceeds $20,000,000 in the aggregate and not
previously included as an Asset Disposition except that this clause
(d) shall not include (i) sales or other dispositions of inventory
held or purchased for sale to others, or other property that has become obsolete
or worn out, in each case in the ordinary course of business; (ii) the
sale or other disposition by the Company or any Subsidiary of other assets or
businesses, provided that within 180 days after such sale or other
disposition the Company or such Subsidiary reinvests all of the Net Cash
Proceeds of such sale or other disposition in substantially similar assets or
businesses or uses all of such Net Cash Proceeds to repay Indebtedness; or
(iii) subleases or leases of office space in the ordinary course of business
consistent with past practices.

“Assignment and Acceptance” means an Assignment and Acceptance
substantially in the form of Exhibit E.

“Attorney Costs” means all reasonable fees and disbursements of
any law firm or other external counsel, the allocated cost of internal legal
services and all disbursements of internal counsel.

“Auto Extension Letter of Credit” has the meaning specified in Section
3.05.

“Bank of America” means Bank of America, N.A.

“Bankruptcy Code” means Title 11 of the United States Code
(11 U.S.C. Section 101 et seq.).

“BAS” means Banc of America Securities LLC, in its capacities as
a Co-Lead Arranger and the Sole Book Manager.

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

“Base Rate Loan” means a Loan, or any portion thereof, that
bears interest at a rate determined by reference to the Base Rate.  All Base Rate Loans shall be denominated in
Dollars.

“Borrower Party” means the Company, each Subsidiary Borrower,
each Subsidiary Guarantor or any Person other than the Lenders, the Issuing
Lenders or any Affiliates of the

 4
 

Lenders, the Administrative Agent, or the Issuing
Lenders from time to time party to a Loan Document.

“Borrowers” has the meaning specified in the preamble hereto.

“Borrowing” means a borrowing hereunder consisting of Loans made
to the Borrowers on the same day by the Lenders pursuant to Section 2.

“Business Day” means:

(a)                                  any day other than a Saturday, Sunday or
other day on which commercial banks are authorized or required by law to close
in the state where the Administrative Agent’s Office with respect to
Obligations denominated in Dollars is located;

(b)                                 if the applicable Business Day relates to
an Offshore Currency Loan denominated in euro, such a day shall also be a
TARGET Day; and

(c)                                  if the applicable Business Day relates to
any Offshore Rate Loan denominated in an Offshore Currency other than euro,
such a day shall also be a day on which dealings in deposits denominated in
Dollars or the applicable Offshore Currency are carried out in London or by
Bank of America’s Lending Office in the country of such Offshore Currency or
such other office as may be designated for such purpose by Bank of America or
the Administrative Agent.

“Capital Adequacy Regulation” means any guideline, request or
directive of any central bank or other Governmental Authority, or any other
law, rule or regulation, whether or not having the force of law, in each case
regarding capital adequacy of any bank or of any corporation controlling a
bank.

“Capital Expenditures” means, for any period, the aggregate of
all expenditures (whether paid in cash or accrued as liabilities during that
period and including Capitalized Lease Obligations of the Company and its
Subsidiaries during such period) that, in conformity with GAAP, are required to
be capitalized and reflected in the property, plant and equipment or similar
fixed asset accounts in the consolidated balance sheet of the Company and its
Subsidiaries; provided, however, that any such expenditures for
which another Person is contractually obligated to pay or otherwise reimburse
the Company shall be excluded from the definition of Capital Expenditures.

“Capital Stock” of any Person means any and all shares,
interests, participations or other equivalents (howsoever designated) of
capital stock and any rights (other than debt securities convertible into
capital stock), warrants or options to acquire capital stock.

“Capitalized Lease” means any lease (or other agreement
conveying the right to use) of real or personal property by a Person as lessee
or guarantor which would, in conformity with GAAP, be required to be accounted
for as a capital lease on the balance sheet of that Person.

“Capitalized Lease Obligations” means all obligations under
Capitalized Leases of a Person that would, in conformity with GAAP, appear on a
balance sheet of that Person.

 5
 

“Cash Collateralize” means to pledge and deposit with or deliver
to the Administrative Agent, for the benefit of the Administrative Agent, the
Issuing Lenders and the Lenders, as additional collateral for the Obligations,
(i) cash or deposit account balances, (ii) back-up letters of credit,
or (iii) other liquid assets, in each case pursuant to documentation in
form and substance satisfactory to the Administrative Agent and the Issuing
Lenders (which documents are hereby consented to by the Lenders).  Derivatives of such term shall have
corresponding meanings.  The Borrowers
hereby grant the Administrative Agent, for the benefit of the Administrative
Agent, the Issuing Lenders and the Lenders, a security interest in all such
cash and deposit account balances.  Cash
collateral shall be maintained in blocked interest-bearing accounts of the
Administrative Agent which shall be subject to the terms and conditions of such
accounts.

“Cash Collateral Cover” has the meaning specified in Section 9.02(c).

“Code” means the Internal Revenue Code of 1986.

“Commercial Letter of Credit” means a Letter of Credit issued
for the purpose of providing a payment mechanism for the importation of goods
or equipment in connection with a transaction conducted in the ordinary course
of the Company’s and its Subsidiaries’ business.

“Commitment” with respect to each Lender, has the meaning
specified in Section 2.01(a).

“Common Stock” means the common stock of the Company.

“Common Stock Units” means the common stock units of the Company
issued from time to time pursuant to the Company’s Stock Purchase Plan dated
June 1, 1991, as amended from time to time.

“Company” has the meaning specified in the preamble hereto.

“Company’s Capital Stock” means all Capital Stock and Common
Stock Units of the Company outstanding from time to time and all securities and
other property distributed in respect of or in exchange for such stock.

“Compliance Certificate” means a certificate substantially in
the form of Exhibit B, properly completed and signed by a
Responsible Officer of the Company.

“Consolidated EBITDA” means, for any measurement period, an
amount equal to the sum  of (a) Consolidated Net Income for
the period, plus (b) Consolidated Interest Expense for such period,
plus (c) 100% of the principal contributions for such period
accrued for stock match programs for employees, consultants and Directors for
purchases of the Company’s Capital Stock, plus (d) the amount of
Taxes expensed, based on or measured by income, used or included in the
determination of Consolidated Net Income for such period, plus
(e) the amount of depreciation and amortization expense deducted in
determining Consolidated Net Income for such period, plus (f)
extraordinary losses included in the determination of Consolidated Net Income
for such period, plus (g) non-cash expenses associated with the
Senior Executive Equity Investment Program and other accrual of stock-based
compensation expense (including stock

 6
 

appreciation rights) for such period, minus
(h) extraordinary gains included in the determination of Consolidated Net
Income for such period, minus (i) non-cash interest income
associated with the Senior Executive Equity Investment Program for such period;
provided, however, that with respect to a Subsidiary acquired
within such measurement period or any proposed Investment pursuant to Section 8.04(i),
the Company may also include items (a) through (g) above for such
acquired Subsidiary or such proposed Investment for the entire measurement
period in Consolidated EBITDA for the measurement period to the extent that
either:

(A)                              the Company has provided to the
Administrative Agent (1) financial statements for that entity for the
portion of such measurement period occurring prior to its acquisition or
proposed acquisition, and (2) the most recent year-end audited financial
statements for that entity (which audited statements must be as of a date
occurring within five fiscal quarters prior to the acquisition date (even if
such date is prior to the measurement period and, therefore, such audited
statements are not actually used in computing Consolidated EBITDA for such
measurement period)); or

(B)                                if the Company has not provided to the
Administrative Agent the audited financial statements for the entity described
in clause (A)(2) above, but the Company has provided to the Administrative
Agent the financial statements for that entity described in clause (A)(1)
above and the most recent unaudited financial statements for the entity (which
unaudited financial statements must satisfy the timing requirements described
in the parenthetical reference in clause (A)(2) above), provided  that
the Company may not include pursuant to this clause (B) more than
$15,000,000 of the net sum of items (a) through (g) above for any single
such acquisition or investment, nor more than $30,000,000 of the net sum of
items (a) through (g) above in the aggregate for all such acquisitions or
investments made in any consecutive twelve-month period.

“Consolidated Funded Debt” means, as of any date of
determination, all Indebtedness of the Company and its Subsidiaries on a
consolidated basis excluding obligations relating to Performance Letters
of Credit and the Company’s payment obligations with respect to its Preferred
Stock.

“Consolidated Interest Expense” means, for any period, total
interest expense of the Company and its Subsidiaries on a consolidated basis
accrued in that period as shown in the Company’s profit and loss statement for
that period, determined in accordance with GAAP, including commitment
fees owed with respect to the unused portion of the Commitments, other fees
hereunder, charges in respect of Financial Letters of Credit, the portion of
any Capitalized Lease Obligations allocable to interest expense, but  excluding
(i) amortization, expensing or write-off of financing costs or debt
discount or expense, (ii) amortization, expensing or write-off of
capitalized private equity transaction costs, to the extent such costs are
treated as interest under GAAP, (iii) make-whole charges in the aggregate
amount of $3,200,000 incurred by the Company in the third Fiscal Quarter of its
Fiscal Year 2007, and (iv) the portion of the upfront costs and expenses
for Swap Contracts (to the extent included in interest expense) fairly
allocated to such Swap Contracts as expenses for such period, less interest
income on Swap Contracts for that period and Swap Contracts payments received.

 7
 

“Consolidated Net Income” means, for any period, the net
earnings (or loss) after Taxes of the Company and its Subsidiaries on a
consolidated basis for such period taken as a single accounting period,
determined in accordance with GAAP, provided that there shall be
excluded therefrom (a) portions of income properly attributable to
minority interests, if any, in the stock and surplus of such Subsidiaries held
by anyone other than the Company or any of its Subsidiaries, and
(b) except to the extent of dividends or other distributions actually paid
to the Company or its Subsidiaries by such Person during such period, the
income (or loss) of any Person accrued prior to the date it becomes a Subsidiary
of the Company or is merged with or into the Company or any of its Subsidiaries
or such Person’s assets are acquired by the Company or any of its Subsidiaries.

“Consolidated Net Worth” means, at any date, the consolidated
stockholders’ equity of the Company and its Subsidiaries determined in
accordance with GAAP, plus redeemable Common Stock and Common Stock
Units shown on the Company’s consolidated balance sheet, plus an amount
equal to the principal amount of issued and outstanding Preferred Stock of the
Company.

“Contingent Obligation” means, as to any Person, any obligation,
direct or indirect, contingent or otherwise, of such Person (a) with
respect to any Indebtedness or other obligation or liability of another Person,
including, without limitation, any direct or indirect guarantee of such
Indebtedness, obligation or liability, endorsement (other than for collection
or deposit in the ordinary course of business) thereof or discount or sale
thereof by such Person with recourse to such Person, or any other direct or
indirect obligation, by agreement or otherwise, to purchase or repurchase any
such Indebtedness, obligation or liability or any security therefor, or to
provide funds for the payment or discharge of any such Indebtedness, obligation
or liability (whether in the form of loans, advances, stock purchases, capital
contributions, performance letters of credit or otherwise), (b) to provide
funds to maintain working capital or equity capital of another Person or
otherwise to maintain the net worth, solvency or financial condition of the
other Person, (c) to make payment for any products, property, securities
or services regardless of non-delivery thereof, if the purpose of any agreement
so to do is to provide assurance that another Person’s Indebtedness, obligation
or liability will be paid or discharged, or that any agreements relating
thereto will be complied with, or that the holders of another Person’s
Indebtedness, obligation or liability will be protected (in whole or in part)
against loss in respect thereof, (d) in respect of any Swap Contract that
is not entered into in connection with a bona fide hedging operation that
provides offsetting benefits to such Person, (e) reimbursement obligations
under undrawn Financial Letters of Credit, (f) to redeem preferred stock
issued by such Person, or (g) otherwise to assure or hold harmless the
holders of Indebtedness or other obligation or liability of another Person
against loss in respect thereof.  The
amount of any Contingent Obligation shall be an amount equal to that portion of
the amount of the Indebtedness, obligation or liability guaranteed or otherwise
supported thereby.

“Continuation” and “Continue” mean, with respect to any
Offshore Rate Loan, the continuation of such Offshore Rate Loan as an Offshore
Rate Loan on the last day of the Interest Period for such Loan.

 8
 

“Conversion” and “Convert” mean, with respect to any
Loan, the conversion of such Loan from or into another type of Loan.

“Conversion Date” means any date on which the Borrowers Convert
a Base Rate Loan to an Offshore Rate Loan or an Offshore Rate Loan to a Base
Rate Loan.

“Credit Facilities” has the meaning specified in the recitals to
this Agreement.

“Customary Permitted Liens” means (a) Liens (other than
Environmental Liens and any Lien imposed under ERISA) for Taxes, assessments or
charges of any Governmental Authority or claims not yet due or which are being
contested in good faith by appropriate proceedings and with respect to which
adequate reserves or other appropriate provisions are being maintained in
accordance with the provisions of GAAP, (b) statutory Liens of landlords
and Liens of carriers, warehousemen, mechanics, materialmen, customs and
revenue authorities and other Liens (other than any Lien imposed under ERISA)
imposed by law and created in the ordinary course of business for amounts not
yet due or which are being contested in good faith by appropriate proceedings
and with respect to which adequate reserves or other appropriate provisions are
being maintained in accordance with the provisions of GAAP, (c) Liens
(other than any Lien imposed under ERISA) incurred or deposits made in the
ordinary course of business (including, without limitation, surety bonds and
appeal bonds and Liens securing obligations under indemnity agreements for
surety bonds) in connection with workers’ compensation, unemployment insurance
and other types of social security benefits, (d) Liens consisting of any
right of offset, or statutory banker’s lien, on bank deposits or securities
accounts maintained in the ordinary course of business so long as such bank
deposits or securities accounts are not established or maintained for the
purpose of providing such right of offset or banker’s lien, (e) easements
(including, without limitation, reciprocal easement agreements and utility
agreements), rights-of-way, covenants, consents, reservations, encroachments,
variations and other restrictions, charges or encumbrances (whether or not
recorded), which do not interfere materially with the ordinary conduct of the
business of the Company or its Subsidiaries and which do not materially detract
from the value of the property to which they attach or materially impair the
use thereof to the Company or its Subsidiaries, and (f) building
restrictions, zoning laws and other similar statutes, law, rules, regulations,
ordinances and restrictions, now or at any time hereafter adopted by any
Governmental Authority having jurisdiction.

“Default” means any condition or event which, with the giving of
notice or lapse of time or both, would, unless cured or waived, become an Event
of Default.

“Director” means a member of the Board of Directors of the
Company.

“Dollars” and “$” means lawful money of the United States of
America.

“Dollar Equivalent” means, at any time, (a) with respect to
any amount denominated in Dollars, such amount, and (b) with respect to
any amount denominated in any Offshore Currency, the equivalent amount thereof
in Dollars as reasonably determined by the Administrative Agent at such time on
the basis of the Spot Rate (determined in respect of the most recent
Revaluation Date) for the purchase of Dollars with such Offshore Currency.

 9
 

“Effective Amount”
means:

(a)                                  with respect to any Loans on any date,
the aggregate outstanding principal Dollar Equivalent amount thereof after
giving effect to any Borrowings and prepayments or repayments of Loans
occurring on such date; and

(b)                                 with respect to any outstanding L/C
Obligations on any date, the Dollar Equivalent amount of such L/C Obligations
on such date after giving effect to any Issuances of Letters of Credit
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 of
outstanding unpaid drawings under any Letters of Credit or any reductions in
the maximum amount available for drawing under Letters of Credit taking effect
on such date.

“Eligible Assignee” has the meaning specified in Section 11.08(g).

“Employee Benefit Plan” means (i) each termination or
change in control agreement involving the Company, its Subsidiaries or any of
its ERISA Affiliates, on the one hand, and any of its respective employees
whose annual compensation is at a base rate equal to or exceeding $150,000, on
the other hand; (ii) all Pension Plans; (iii) all employee benefit
plans relating to all profit-sharing, bonus, stock option, stock purchase and
related employee loan, stock bonus, restricted stock, stock appreciation right,
phantom stock or supplemental retirement plans or arrangements; in each case
maintained or contributed to by the Company, its Subsidiaries or any of its
ERISA Affiliates for the benefit of its employees (or former employees) and/or
their beneficiaries or under which the Company, its Subsidiaries or any of its
ERISA Affiliates may incur any material liability.  An arrangement will not fail to be an
Employee Benefit Plan simply because it only covers one individual, or because
the Company’s, its Subsidiaries’ or any of its ERISA Affiliates’ obligations
under the plan arise by reason of its being a “successor employer” under
applicable laws.  Employee Benefit Plan
shall not include any Multiemployer Plan.

“EMU Legislation” means legislative measures of the European
Council for the introduction of, changeover to or operation of a single or
unified European currency (whether known as the euro or otherwise), being in
part the implementation of the third stage of the Economic and Monetary Union
as contemplated in the Treaty on European Union.

“Environmental Claim” means any accusation, allegation, notice
of violation, claim, demand, abatement order or other order or direction
(conditional or otherwise) by any governmental authority or any Person for any
damage, including, without limitation, personal injury (including sickness,
disease or death), tangible or intangible property damage, contribution,
indemnity, indirect or consequential damages, damage to the environment,
nuisance, pollution, contamination or other adverse effects on the environment,
or for fines, penalties or restrictions, in each case relating to, resulting
from or in connection with Hazardous Materials and relating to the Company, any
of its Subsidiaries or any Facility.

“Environmental Laws” means all statutes, ordinances, orders,
rules, regulations, plans, policies or decrees and the like relating to
(a) environmental matters, including, without limitation, those relating
to fines, injunctions, penalties, damages, contribution, cost recovery
compensation, losses or injuries resulting from the release or threatened release
of Hazardous

 10
 

Materials, (b) the generation, use, storage,
transportation or disposal of Hazardous Materials, or (c) occupational
safety and health, industrial hygiene, land use or the protection of human,
plant or animal health or welfare, in any manner applicable to the Company or
any of its Subsidiaries or any of their respective properties, including,
without limitation, the Comprehensive Environmental Response, Compensation, and
Liability Act (42 U.S.C. § 9601 et seq.), the Hazardous Materials Transportation
Act (49 U.S.C. §1801 et seq.), the Resource Conservation and Recovery Act (42
U.S.C. § 6901 et seq.), the Federal Water Pollution Control Act (33 U.S.C.
§ 121 et seq.), the Clean Air Act (42 U.S.C. § 7401 et seq.), the
Toxic Substances Control Act (15 U.S.C. § 2601 et seq.), the Federal
Insecticide, Fungicide and Rodenticide Act (7 U.S.C. § 136 et seq.), the
Occupational Safety and Health Act (29 U.S.C. § 651 et seq.) and the
Emergency Planning and Community Right-to-Know Act (42 U.S.C. § 11001 et
seq.), each as amended or supplemented, and any analogous future or present
local, state and federal statutes and regulations promulgated pursuant thereto,
each as in effect as of the date of determination.

“Environmental Lien” means a Lien in favor of any Governmental
Authority for any liability under any Environmental Laws, or damages arising
from or costs incurred by such Governmental Authority in response to a release
or threatened release of a hazardous or toxic waste, substance or constituent,
or other substance into the environment.

“ERISA” means the Employee Retirement Income Security Act of
1974, as the same may from time to time be amended or supplemented, including
any rules or regulations issued in connection therewith.

“ERISA Affiliate” means any company which is or was a member of
the controlled group of corporations or trades or businesses (as defined in
Subsection (b), (c), (m) or (o) of Section 414 of the Code or the
regulations promulgated thereunder) of which the Company is or was a member at
any time within the last six years. 
Notwithstanding the above, such company shall not be considered an ERISA
Affiliate with respect to any representation, warranty, affirmative or negative
covenant, Event of Default or any other provision of this Agreement or any
other Loan Document (collectively the “Relevant Provisions”) unless the
inaccuracy, breach or violation of such Relevant Provision (at the time or
times such Relevant Provision applies) by such company would result in the
Company or any Significant Subsidiary being subject to any liability under
ERISA or the Code.  An ERISA Affiliate
shall be a current ERISA Affiliate only while it is a member of the controlled
group of corporations or trades or businesses (as defined in
Subsection (b), (c), (m) or (o) of Section 414 of the Code and
the regulations thereunder) of which the Company is a member.

“ERISA Event” means (a) a “reportable event” within the
meaning of Section 4043 of ERISA and the regulations issued thereunder
with respect to any Pension Plan (excluding those for which the provision for
30-day notice to the PBGC has been waived by regulation); (b) the failure
to meet the minimum funding standard of Section 412 of the Code with
respect to any Pension Plan (whether or not waived in accordance with
Section 412(d) of the Code) or the failure to make by its due date a
material required installment under Section 412(m) of the Code with
respect to any Pension Plan or the failure to make any required contribution to
a Multiemployer Plan (c) the provision by the administrator of any Pension
Plan pursuant to Section 404l(a)(2) of ERISA of a notice of intent to
terminate such plan in a distress termination

 11
 

described in Section 4041(c) of ERISA;
(d) the withdrawal by the Company or any of its ERISA Affiliates from any
Pension Plan with two or more contributing sponsors or the termination of any
such Pension Plan resulting in material liability pursuant to
Sections 4063 or 4064 of ERISA; (e) the institution by the PBGC
of proceedings to terminate any Pension Plan, or the occurrence of any event or
condition which might reasonably be expected to constitute grounds under ERISA
for the termination of, or the appointment of a trustee to administer, any
Pension Plan; (f) the imposition of material liability on the Company or
any of its ERISA Affiliates pursuant to Section 4062(e) or 4069 of ERISA
or by reason of the application of Section 4212(c) of ERISA, (g) the
withdrawal by the Company or any of its ERISA Affiliates in a complete or partial
withdrawal (within the meaning of Sections 4203 and 4205 of ERISA)
from any Multiemployer Plan if there is any potential liability therefor, or
the receipt by the Company or any of its ERISA Affiliates of notice from any
Multiemployer Plan that it is in reorganization or insolvency pursuant to
Section 4241 or 4245 of ERISA, or that it intends to terminate or has
terminated under Section 4041A or 4042 of ERISA; (h) the
occurrence of an act or omission which could give rise to the imposition on the
Company or any of its ERISA Affiliates of material fines, penalties, taxes or
related charges under Chapter 43 of the Code or under Section 409
or 502(c), (i) or (l) of ERISA in respect of any Employee Benefit
Plan; (i) the assertion of a material claim (other than routine claims for
benefits) against any Employee Benefit Plan other than a Multiemployer Plan or
the assets thereof, or against the Company or any of its ERISA Affiliates in
connection with any such Employee Benefit Plan; (j) receipt from the IRS
of notice of the failure of any Pension Plan (or any other Employee Benefit
Plan intended to be qualified under Section 401(a) of the Code) to qualify
under Section 401(a) of the Code, or (k) the failure of any trust
forming part of any Pension Plan to qualify for exemption from taxation under
Section 501(a) or 412(n) of the Code or pursuant to ERISA with
respect to any Pension Plan.

“euro” means the single currency of Euro Participating Member
States, as defined in any EMU Legislation.

“Event of Default” means any of the events specified in Section 9.01.

“Exchange Act” means the Securities Exchange Act of 1934, as
amended from time to time, and any successor statute, and the rules and
regulations thereunder.

“Existing Credit Agreement” means the Amended and Restated
Credit Agreement dated as of September 22, 2006 by and among the
Borrowers, Union Bank of California, N.A., as Administrative Agent, and the
Lenders identified therein.

“Existing Indebtedness” means, with respect to the Company and
its Subsidiaries, the Indebtedness as of the Amendment Effective Date set forth
and described on Schedule 8.02.

“Existing Letters of Credit” has the meaning specified in Section
3.01(b).

“Existing Liens” means, with respect to the Company and its
Subsidiaries, those Liens as of the Amendment Effective Date set forth and
described on Schedule 8.01.

 12
 

“Extension of Credit” means (a) the Borrowing, Conversion
or Continuation of any Loans, or (b) the Issuance of any Letters of
Credit.

“Facilities” means any and all real property (including, without
limitation, all buildings, fixtures or other improvements located thereon) now,
hereafter or heretofore owned, leased or possessed by the Company or any of its
Subsidiaries or any of their respective predecessors.

“Federal Funds Rate” means, for any day, the rate per annum
(rounded upwards to the next 1/100th of 1%) 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 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 charged to Bank of America on
such day on such transactions as reasonably determined by the Administrative
Agent.

“Federal Reserve Board” means the Board of Governors of the
Federal Reserve System, or any successor thereto.

“Financial Letter of Credit” means a standby letter of credit
supporting indebtedness owing to third parties.

“Fiscal Quarter” means a fiscal quarter of the Company, as the
Company may designate in a notice to the Administrative Agent.

“Fiscal Year” means the fiscal year of the Company, which shall
be the 52-53 week period ending on the Friday closest to September 30 in each
year or such other period as the Company may designate in a notice to the
Administrative Agent.

“Fixed Charge Coverage Ratio” means, as of the last day of any
Fiscal Quarter, the ratio of (A) Consolidated EBITDA for the last four
Fiscal Quarters minus Capital Expenditures for the last four Fiscal
Quarters to (B) the sum of (i) Consolidated Interest Expense during
such period, (ii) the current portion (i.e. the portion due and payable
within the next twelve months) of long-term, interest-bearing indebtedness
(meaning for this purpose only, the current portion of long term debt owing to
banks, insurance companies, other financial institutions, and notes issued by
the Company or any of its Subsidiaries to shareholders in conjunction with an
acquisition); (iii) income taxes paid during the preceding four Fiscal
Quarters, and (iv) cash dividends paid on the Capital Stock of the
Company.

“Foreign Subsidiary Credit Agreement” means the Term Credit
Agreement dated as of September 22, 2006 by and among Maunsell HK
Holdings, Ltd., Faber Maunsell Limited, W.E. Bassett & Partners Pty. Ltd.,
Maunsell Group Limited, Maunsell Australia Pty. Ltd., the Lenders party
thereto, Union Bank, as the Administrative Agent, and BMO Capital Markets
Financing, Inc., as the Syndication Agent, as amended by the First Amendment to
Term Credit Agreement of even date herewith.

 13
 

“Fund “ has the meaning specified in Section 11.08(g).

“Funding Date” means any date on which the Lenders make a Loan
pursuant to Section 2 or issue a Letter of Credit pursuant to Section 3.

“GAAP” means generally accepted accounting principles as in
effect in the United States of America (as such principles may change from time
to time).

“Governmental Approval” means an authorization, consent,
approval, permit, license or exemption of, registration or filing with, or
report or notice to, any Governmental Authority.

“Governmental Authority” means 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, including, without limitation, any government
authority, agency, department, board, commission or instrumentality of the
United States, any State of the United States or any political subdivision
thereof, and any tribunal or arbitrator(s) of competent jurisdiction.

“Guarantor” means, collectively, the Company and any of its
Subsidiaries, other than the Subsidiary Borrowers, that is or becomes a party
to the Master Guaranty and Intercreditor Agreement.

“Hazardous Materials”
means any chemical substance:

(a)                                  which is or becomes defined as a “hazardous
waste” or “hazardous substance” under any Applicable Law, including, without
limitation, the Comprehensive Environmental Response, Compensation and
Liability Act (42 U.S.C. Section 9601 et seq.) or the Resource
Conservation and Recovery Act (42 U.S.C. Section 6901 et seq.); or

(b)                                 which is toxic, explosive, corrosive,
flammable, infectious, radioactive, carcinogenic, mutagenic, or otherwise
hazardous and is or becomes regulated by any Governmental Authority.

“Honor Date” has the meaning specified in Section 3.03(b).

“Increase Effective Date” has the meaning specified in Section 2.04(e).

“Indebtedness” means, with respect to any Person, the aggregate
amount of, without duplication: 
(a) all obligations for borrowed money; (b) all obligations
evidenced by bonds, debentures, notes or other similar instruments;
(c) all obligations to pay the deferred purchase price of property or
services, except trade accounts payable arising in the ordinary course of
business; (d) all Capitalized Lease Obligations; (e) all obligations
or liabilities of others secured by a Lien on any asset owned by such Person or
Persons whether or not such obligation or liability is assumed; (f) all
obligations of such Person or Persons, contingent or otherwise, in respect of
any letters of credit (other than performance letters of credit) or bankers’
acceptances; (g) all net obligations with respect to Swap Contracts; and
(h) all Contingent Obligations (other than performance letters of credit);
provided, that Indebtedness shall not include (i) indebtedness

 14
 

or other liabilities in an aggregate amount not to
exceed $25,000,000 owing to shareholders pursuant to employee stock repurchase
contracts as in effect on the Amendment Effective Date, in connection with
purchases of the Company’s Capital Stock by the Company consistent with prior
business practices,  (ii) indebtedness
of Joint Ventures of which the Company or any Subsidiary is a member to the
extent such indebtedness is non-recourse (whether expressly, by operation of
law or otherwise) to the Company or such Subsidiary or its assets,
(iii) an amount equal to the lesser of (A) the principal amount of
Indebtedness supported by letters of credit, and (B) the face amount of
such letters of credit, and (iv) the liquidation preference of any
Preferred Stock.

“Instrument of Joinder” means the Instrument of Joinder
substantially in the form of Exhibit F executed and delivered by
any Subsidiary of the Company becoming a Subsidiary Borrower hereunder, as
contemplated by Section 5.03, and any amendments or supplements
thereto.

“Intercompany Indebtedness” means any Indebtedness of the
Company or any Subsidiary which, in the case of the Company, is owed to any
Subsidiary and which, in the case of any Subsidiary, is owed to the Company or
any other Subsidiary.

“Interest Payment Date” means, with respect to any Offshore Rate
Loan, the last day of each Interest Period applicable to such Loan and, with
respect to Base Rate Loans, the last Business Day of each Fiscal Quarter; provided,
however, that if any Interest Period for an Offshore Rate Loan exceeds
three months, the date which falls three months after the beginning of such
Interest Period and after each Interest Payment Date thereafter shall also be
an Interest Payment Date.

“Interest Period” means the period commencing on the Business
Day an Offshore Rate Loan is disbursed or Continued or on the Conversion Date
on which a Loan is Converted to an Offshore Rate Loan and ending on the date
one, two, three or six months thereafter, as selected by each Borrower in its
Request for Extension of Credit; provided that:

(i)                                     if any Interest Period would otherwise
end on a day which is not a Business Day, that 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 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

(iii)                               no Interest Period shall extend beyond
the Termination Date.

“Investment” means, as applied to any Person, any direct or
indirect purchase or other acquisition by that Person of stock or securities,
or any beneficial interest in stock or other securities, of any other Person,
any partnership interest (whether general or limited) in any other

 15
 

Person, or all or any substantial part of the business
or assets of any other Person, or any direct or indirect loan, advance or
capital contribution by that Person to any other Person, including all
indebtedness and accounts receivable from that other Person which are not
current assets or did not arise from sales or the provision of services to that
other Person in the ordinary course of business.  The amount of any Investment shall be the
original cost of such Investment plus the cost of all additions thereto,
without any adjustments for increases or decreases in value, or write-ups,
write-downs or write-offs with respect to such Investment.

“IPO” means the initial public offering of 40,422,500 shares of
Common Stock of the Company, which closed on May 15, 2007.

“IRS” means the Internal Revenue Service of the United States of
America.

“ISP 98” has the meaning specified in Section 3.10.

“Issue” means, with respect to any Letter of Credit, to issue,
amend, extend the expiry of, renew or otherwise modify any Letter of Credit and
shall include any letter of credit issued outside of this Agreement as a Letter
of Credit hereunder, and the terms “Issued,” “Issuing” and “Issuance” have
corresponding meanings.

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

“Issuing Lender” means Bank of America, Union Bank, Harris N.A.
(solely with respect to its prior Issuance of certain of the Existing Letters
of Credit and not with respect to any Letters of Credit Issued after the
Amendment Effective Date), HSBC Bank USA, National Association, BNP Paribas or
any other Lender selected by the Company with the consent of the Administrative
Agent and such Lender in its capacity as issuer of one or more Letters of
Credit hereunder, together with any replacement Letter of Credit issuer arising
under Section 10.09.

“Joint Venture” means a joint venture, partnership or similar
arrangement formed for the purpose of performing a single project or series of
related projects, whether in corporate, partnership or other legal form;
provided that, as to any such arrangement in corporate form, such corporation
shall not, as to any Person of which such corporation is a subsidiary, be
considered to be a Joint Venture to which such Person is a party.

“L/C Advance” means each Lender’s participation in any L/C
Borrowing in accordance with its applicable Pro Rata Share.

“L/C Application” means an application and agreement, executed
by the Company as applicant, for the issuance, extension or amendment of a
Letter of Credit in the form from time to time in use by the Issuing Lender.

 16

“L/C Borrowing” means an extension of credit resulting from a
drawing under any Letter of Credit which shall not have been reimbursed the
date when made nor converted into a Borrowing of Loans under Section 3.03(b).

“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 amount of all unreimbursed drawings under Letters of
Credit, including outstanding L/C Borrowings related thereto.  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 1.05.  For all purposes of this Agreement, if on any
date of determination a Letter of Credit has expired by its terms but any
amount may still be drawn thereunder by reason of the operation of Rule 3.14 of
ISP 98, such Letter of Credit shall be deemed to be “outstanding” in the amount
so remaining available to be drawn.

“Lender” or “Lenders” shall have the meaning ascribed to
it in the preamble hereto. References to the “Lender” shall include references
to Bank of America in its capacity as the Swing Line Lender and to any Lender
issuing Letters of Credit in its capacity as an Issuing Lender; for purposes of
clarification only, to the extent that the Swing Line Lender or an Issuing
Lender may have any rights or obligations in addition to those of the Lenders
due to its status as the Swing Line Lender or an Issuing Lender, as applicable,
its status as such will be specifically referenced.  References to the “Lender” shall also include
references to each Lender in its individual capacity as a counterparty under
any Swap Contract.

“Lender Taxes” has the meaning specified in Section 4.01(a).

“Lending Office” means, as to any Lender, the office or offices
of such Lender specified on Schedule 11.02, or such other office or
offices as the Lender may from time to time notify the Company and the
Administrative Agent.

“Letter of Credit” means, collectively, (a) any letter of
credit issued by any Issuing Lender pursuant to Section 3 and
(b) the Existing Letters of Credit.

“Letter of Credit Currency” has the meaning specified in Section 1.04(b).

“Leverage Ratio” means, at any date of determination thereof,
the ratio of (a) Consolidated Funded Debt plus, without
duplication, all unreimbursed drawings under any Letter of Credit existing as
of such date, to (b) Consolidated EBITDA for the four Fiscal Quarters most
recently ended for which financial statements are available.

“Lien” means any lien, mortgage, pledge, security interest,
charge or encumbrance of any kind (including any conditional sale or other
title retention agreement or any lease in the nature thereof) and any agreement
to give or refrain from giving any lien, mortgage, pledge, security interest,
charge, or other encumbrance of any kind.

“Loan” has the meaning specified in Section 2.01(a).

 17
 

“Loan Documents” means this Agreement, the Notes, the Master
Guaranty and Intercreditor Agreement, the Issuer Documents and any other
documents delivered to the Administrative Agent in connection therewith and all
Swap Contracts between any Borrower and a Lender or any of its Affiliates (at
the time such Swap Contracts are entered into) in such Lender’s or its
Affiliate’s capacity as a counterparty thereunder.

“Majority Lenders” means at any time Lenders then holding in
excess of 50% of the then aggregate unpaid principal amount of the Loans and
L/C Obligations, or, if no such principal amount is then outstanding, Lenders
then having in excess of 50% of the Commitments.

“Mandatory Cost” means, with respect to any period, the
percentage rate per annum determined in accordance with Schedule 1.01.

“Margin Regulations” means Regulations U and X of the Federal
Reserve Board.

“Margin Stock” means “margin stock” as defined in
Regulation U.

“Master Guaranty and Intercreditor Agreement” means the Amended
and Restated Master Guaranty and Intercreditor Agreement, made by each
Guarantor in favor of the Administrative Agent, in substantially the form of Exhibit D.

“Material Adverse Effect” means (a) a material adverse
change in, or a material adverse effect upon, the business, assets, prospects,
results of operation or condition (financial or otherwise) of the Company and
its Subsidiaries taken as a whole, or (b) a material impairment of the
ability of the Company to perform under any Loan Document and thereby avoid any
Event of Default.

“Minimum Amount”
means, with respect to each of the following actions, the minimum amount and
any multiples in excess thereof set forth opposite such action:

	
  Type of
  Action

  	
   

  	
  Minimum Amount

  	
   

  	
  Multiples in excess thereof

  
	
  Borrowing or prepayment of, or Conversion into, Base
  Rate Loans

  	
   

  	
  $500,000

  	
   

  	
  $100,000

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Borrowing, prepayment or Continuation of, or
  Conversion into, Dollar-denominated Offshore Rate Loans

  	
   

  	
  $1,000,000

  	
   

  	
  $100,000

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Borrowing, prepayment or Continuation of, or
  Conversion into, Offshore Currency Loans

  	
   

  	
  Greater of (a) Offshore Currency equivalent of U.S.
  $2,000,000, rounded up to the nearest 10,000 units of such Offshore Currency
  and 

  	
   

  	
  Greater of (a) Offshore Currency equivalent of U.S.
  $500,000, rounded up to the nearest 10,000 units of such Offshore Currency
  and 

  

 

 18
 

 

	
  Type of
  Action

  	
   

  	
  Minimum Amount

  	
   

  	
  Multiples in excess thereof

  
	
   

  	
   

  	
  (b) 2,000,000 units of such Offshore Currency

  	
   

  	
  (b) 500,000 units of such Offshore Currency

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Issuance of Letter of Credit

  	
   

  	
  None

  	
   

  	
  None

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Reduction in Commitments

  	
   

  	
  $10,000,000

  	
   

  	
  $1,000,000

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Assignments

  	
   

  	
  $5,000,000

  	
   

  	
  None

  

 

“Moody’s” means Moody’s Investors Service, Inc.

“Multiemployer Plan” means a “multiemployer plan” as defined in
Section 3(37) and Section 4001(a)(3) of ERISA to which the Company or
any of its ERISA Affiliates is making or accruing an obligation to make
contributions or has within any of the preceding five plan years made or
accrued an obligation to make contributions.

“NCU” has the meaning specified in Section 2.11(a).

“Net Cash Proceeds”
means, with respect to any Asset Disposition, without duplication, the sum of:

(a)           the cash and cash equivalent proceeds
received by or for the account of the Company or any of its Subsidiaries
attributable to such Asset Disposition;

(b)           the amount of cash and cash equivalents
received by or for the account of the Company or any of its Subsidiaries upon
the sale, conversion, collection or other liquidation of any Non-Cash Proceeds
attributable to such Asset Disposition (but only as and when so received); and

(c)           the amount of cash and cash equivalents
in respect of any run-off of receivables less payments on associated
liabilities, in each case retained in connection with an Asset Disposition
constituting a sale of all or substantially all of the other assets or a line
of business of the Person making the disposition (but only as and when so
received);

in
each case net of any amount required to be paid to any Person (other than the
Company or any Subsidiary) owning a beneficial interest in the stock or other
assets disposed of, any amount applied to the repayment of Indebtedness (other
than the Obligations) secured by a Lien permitted under Section 8.01
on the asset disposed of, any income or transfer taxes paid or payable as a
result of such Asset Disposition and professional fees and expenses, broker’s
commissions and other out-of-pocket costs of sale actually paid to any Person
(other than the Company or any Subsidiary) attributable to such Asset
Disposition.

 19
 

“Non-Cash Proceeds” means any notes, debt securities, other
rights to payment, equity securities and other consideration received from an
Asset Disposition, except cash and cash equivalents.

“Nonextension Notice Date” has the meaning specified in Section
3.05.

“Note” means a promissory note of the Borrowers payable to the
order of a Lender, if requested by such Lender, evidencing the aggregate
indebtedness of the Borrowers to such Lender resulting from Loans made by such
Lender, substantially in the form of Exhibit C.

“Obligations” means all present and future obligations and
liabilities of every type and description arising under or in connection with
this Agreement or any other Loan Document, due or to become due to the
Administrative Agent, any Lender (including any Lender or its Affiliate in its
capacity as a counterparty under any Swap Contract) or any Person entitled to
indemnification pursuant to Section 11.05 of this Agreement or any
of their respective successors, transferees, or assigns, and shall include,
without limitation, (a) all liability for payment of principal of and
interest on the Loans and under any Notes, (b) all liability to make reimbursements
for drawings under Letters of Credit, (c) all liabilities under any Swap
Contract constituting a Loan Document, (d) all liability hereunder or
under the Loan Documents for any fees, expense reimbursements and
indemnifications, and (e)  all other debts, obligations and liabilities to
the Administrative Agent or any Lender heretofore, now or hereafter incurred or
created (and all renewals, extensions, readvances, modifications and
rearrangements thereof), under, in connection with, in respect of or evidenced
or created by this Agreement or any of the other Loan Documents, whether
voluntary or involuntary, however arising, and whether due or not due, absolute
or contingent, secured or unsecured, liquidated or unliquidated, determined or
undetermined, direct or indirect, and whether the Borrowers may be liable
individually or jointly with others.

“Offshore Currency” means the currencies listed on Schedule 2.02,
any additional currency permitted in accordance with Section 1.04(a)
and, with respect to Letters of Credit only, any Letter of Credit Currency
permitted in accordance with Section 1.04(b).

“Offshore Currency Loan” means any Offshore Rate Loan
denominated in an Offshore Currency.

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

 20
 

America branch or
Affiliate) to major banks in the London or other offshore interbank market for
such currency at their request at approximately 11:00 a.m. (London time) two
Business Days prior to the commencement of such Interest Period.

“Offshore Rate Loan” means a Loan that bears interest at a rate
determined by reference to an Offshore Rate, which may be denominated in
Dollars or an Offshore Currency. Offshore Rate Loans include Offshore Currency
Loans.

“Operating Lease” means, as applied to any Person, any lease of
any property (whether real, personal, or mixed) which is not a Capitalized
Lease, other than any such lease under which that Person is the lessor.

“Other Taxes” has the meaning specified in Section 4.01(b).

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

“Participant” has the meaning specified in Section 11.08.

“Participating Member State” means each state so described in
any EMU Legislation.

“PBGC” means the Pension Benefit Guaranty Corporation as defined
in Title IV of ERISA, or any successor thereto.

“Pension Plan” means a pension plan (as defined in
Section 3(2) of ERISA) subject to Title IV of ERISA which the Company
or any of its ERISA Affiliates sponsors, maintains, or to which it makes, is
making, or is obligated to make contributions, or in the case of a multiple
employer plan (as described in Section 4064(a) of ERISA) has made
contributions at any time during the immediately preceding five (5) plan
years, but excluding a Multiemployer Plan.

“Performance Letter of Credit” means a standby Letter of Credit
used directly or indirectly to cover bid, performance, advance and retention
obligations, including, without limitation, Letters of Credit issued in favor
of sureties who in connection therewith cover bid, performance, advance and
retention obligations.

“Permitted Acquisition” means an Investment by the Company or
any of its Subsidiaries in substantially all of the assets or a controlling
interest in the Capital Stock of another Person engaged in the same or a
substantially similar line of business as that of the Company or such
Subsidiary (the “Acquired Person”), provided that: (i) such
Investment shall have been approved by the board of directors (or other
applicable management body) of the Acquired Person;

 21
 

(ii) prior to the consummation of such Investment, the
Company shall provide the Administrative Agent with a certification (A) stating
that, after giving pro forma effect to the consummation of such Investment, no
Default or Event of Default shall have occurred and be continuing, and (B) if
such Investment exceeds $50,000,000, attaching pro forma balance sheets and
projections in form and substance reasonably acceptable to the Administrative
Agent demonstrating on a pro forma basis that the Company shall continue to be
in compliance with the financial covenants set forth in Section 8.05
and with all other provisions of the Loan Documents immediately following the
consummation of such Investment.

“Permitted Investments”
means

 (a)          marketable direct obligations issued or
unconditionally guaranteed by the United States Government or issued by any
agency thereof and backed by the full faith and credit of the United States, in
each case maturing within one year from the date of acquisition thereof;

(b)           marketable direct obligations issued by any
state of the United States of America or any political subdivision of any such
state or any public instrumentality thereof maturing within one year from the
date of acquisition thereof and having, 
at the time of acquisition, the highest rating obtainable from any
Rating Agency;

(c)           commercial paper maturing within one year
from the date of acquisition thereof and having, at the time of acquisition, a
rating of A-3 or higher from S&P or a comparable rating from any
other Rating Agency;

(d)           demand deposits, time deposits,
certificates of deposit, Eurodollar time deposits, repurchase agreements,
reverse repurchase agreements and bankers’ acceptances maturing within one year
after the date of acquisition which are in, issued, accepted or guarantied by a
bank whose short term securities are rated at least A-3 by S&P or a
comparable rating from any other Rating Agency and whose combined capital and
surplus is at least U.S. $200,000,000;

(e)           corporate promissory notes or other
obligations maturing not more than one year after the date of acquisition which
at the time of such acquisition have, or are supported by, an unconditional
guaranty from a corporation with similar obligations which have the highest
rating obtainable from any Rating Agency;

(f)            institutional money market funds
organized under the laws of the United States of America or any state thereof
that invest solely in any of the Investments permitted under clauses (a),
(b), (c), (d) and (e) hereof; and

(g)           obligations maturing not more than one
year after the date of the acquisition and issued or guarantied by any non-U.S.
government or non-U.S. governmental agency or multinational intergovernmental
organization, which obligations have a rating at the time of such acquisition
of not less than “AA” from S&P or a comparable rating from any other Rating
Agency.

 22
 

“Permitted Letter of Credit Account Party” means the Company,
any of the Subsidiary Borrowers, or any other Subsidiary that is a Guarantor.

“Permitted Liens” means, collectively, the Liens permitted under
Section 8.01.

“Person” means an individual, a corporation, a partnership, a
trust, a limited liability company, an unincorporated organization or any other
entity or organization, including a government or any agency or political
subdivision thereof and, for the purpose of the definition of “ERISA Affiliate,”
a trade or business.

“Plans” means the AECOM Technology Corporation Retirement
Savings Plan, and the associated trust, any plan, charter document or other
arrangement pursuant to which the Company repurchases stock, including the
AECOM Technology Corporation Liquidity and Diversification Program, and the
associated trust, and any corresponding plan outside the U.S. and any
associated trust, including, without limitation, the plans listed in Schedule 6.10,
as such plans and trusts may from time to time be supplemented, modified or
amended, but including any successor or replacement plan.

“Preferred Stock” means any class of preferred stock of the
Company.

“Pricing Level” means Pricing Level 1, Pricing Level 2, Pricing
Level 3, Pricing Level 4 or Pricing Level 5, as determined by reference to the
definition of “Applicable Margin.”

“Pro Rata Share” means, as to any Lender, the percentage
equivalent (carried out to the ninth decimal place) of the sum of such Lender’s
Commitment, if any, divided by the Aggregate Commitment, if any.  The initial Pro Rata Shares of each Lender
are set forth opposite such Lender’s name in Schedule 2.01 hereto
under the heading “Pro Rata Shares.”

“Quarterly Payment Date” means the last Business Day of each
Fiscal Quarter.

“Quotation Day” means (a) if a Loan is made in Dollars or
any Offshore Currency other than euro, two Business Days prior to the first day
of such Interest Period, and (b) if a Loan is made in euro, two TARGET
Days prior to the first day of such Interest Period; provided that if
market practice differs in the relevant interbank market for an Offshore
Currency, then the Quotation Day for that Offshore Currency will be determined
by the Administrative Agent in accordance with market practice in the relevant
interbank market (and if quotations would normally be given by leading banks in
the relevant interbank market on more than one day, the Quotation Day will be
the last of those days).

“Rating Agency” means any of S&P, Moody’s or Fitch IBCA,
Duff & Phelps.

“Real Property” means each of those parcels (or portions
thereof) of real property, improvements and fixtures thereon and appurtenances
thereto now or hereafter owned or leased by the Company or any of its Subsidiaries.

“Regulation U” means Regulation U of the Federal Reserve Board.

 23
 

“Request for Extension of Credit” means, unless otherwise
specified herein, (a) with respect to a Borrowing, Conversion or
Continuation of Loans, a duly completed written request substantially in the
form of Exhibit A, and (b) with respect to the Issuance of a Letter
of Credit, a duly completed L/C Application.

“Requisite Notice” means, unless otherwise provided herein,
(a) irrevocable written notice to the intended recipient, or (b) except
with respect to Issuances of, or other modifications to, Letters of Credit
(which must be in writing), irrevocable telephonic notice to the intended
recipient, promptly followed by a written notice to such recipient.  Such notices shall be (i) delivered to
such recipient at the address or telephone number specified on Schedule 11.02
or as otherwise designated by such recipient by written notice to the
Administrative Agent, and (ii) if made by any Borrower Party, given or
made by a Responsible Officer of such Borrower Party.  Any written notice delivered in connection
with any Loan Document shall be in the form, if any, prescribed herein or
therein.  Any notice sent by other than
hardcopy shall be promptly confirmed by a telephone call to the recipient and,
if requested by the Administrative Agent, by a manually-signed hardcopy
thereof.

“Requisite Time” means, with respect to any of the actions
listed below, the time and date set forth below opposite such action:

	
  Type of
  Action

  	
   

  	
  Pacific

  Time

  	
   

  	
  Date of Action

  
	
  Delivery of Request for Extension of Credit for, or
  notice for:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Borrowing or prepayment of Base Rate Loans

  	
   

  	
  10:00 a.m.

  	
   

  	
  Same Business Day as such Borrowing or prepayment

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Borrowing or prepayment of Swing Line Loan

  	
   

  	
  2:00 p.m.

  	
   

  	
  Same Business Day as such Borrowing or prepayment

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Conversion into Base Rate Loans

  	
   

  	
  10:00 a.m.

  	
   

  	
  3 Business Days prior to such Conversion

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Borrowing, prepayment or, Continuation of, or
  Conversion into, Offshore Rate Loans denominated in Dollars

  	
   

  	
  10:00 a.m.

  	
   

  	
  3 Business Days prior to such Borrowing, prepayment,
  Continuation or Conversion

  

 

 24
 

 

	
  ·      Borrowing, prepayment or, Continuation of, or
  Conversion into, Offshore Rate Loans denominated in Offshore Currencies
  (other than Special Notice Currencies)

  	
   

  	
  10:00 a.m.

  	
   

  	
  4 Business Days prior to such Borrowing, prepayment,
  Continuation or Conversion

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Borrowing, prepayment or, Continuation of, or
  Conversion into, Offshore Rate Loans denominated in Special Notice Currencies

  	
   

  	
  10:00 a.m.

  	
   

  	
  5 Business Days prior to such Borrowing, prepayment,
  Continuation or Conversion

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Requests for additional Offshore Currencies

  	
   

  	
  10:00 a.m.

  	
   

  	
  10 Business Days prior to proposed Extension of
  Credit

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Issuances of Letters of Credit denominated in
  Dollars

  	
   

  	
  10:00 a.m.

  	
   

  	
  2 Business Days prior to such action (or such lesser time which is acceptable to the Issuing Lender)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Issuances of Letters of Credit denominated in
  Offshore Currencies (other than Special Notice Currencies)

  	
   

  	
  10:00 a.m.

  	
   

  	
  3 Business Days prior to such action (or such
  lesser time which is acceptable to the Issuing Lender)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ·      Issuances of Letters of Credit denominated in
  Special Notice Currencies

  	
   

  	
  10:00 a.m.

  	
   

  	
  3 Business Days prior to such action (or such lesser time which is acceptable to the Issuing Lender)

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Voluntary reduction in or termination of Commitments

  	
   

  	
  10:00 a.m.

  	
   

  	
  5 Business Days prior to such reduction or
  termination

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Payments by the Lenders to the Administrative Agent
  for Base Rate Loans

  	
   

  	
  12:00 Noon

  	
   

  	
  On Borrowing date

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Payments by the Borrowers to reimburse the Issuing
  Lender for a drawing under a Letter of Credit

  	
   

  	
  2:00 p.m.

  	
   

  	
  On the Honor Date

  

 

 25
 

 

	
  Other payments by the Lenders or a Borrower Party to
  the Administrative Agent

  	
   

  	
  11:00 a.m.

  	
   

  	
  On date payment is due

  

 

“Responsible Officer” means the chief executive officer, the
vice chairman, the president or the chief financial officer, controller,
assistant controller, treasurer, assistant treasurer, general counsel, chief
administrative officer, and solely for purposes of notices given pursuant to Section 2,
any other officer or employee of the applicable Borrower Party so designated by
any of the foregoing officers in a notice to the Administrative Agent.

“Restricted Payment” means (a) any dividend or other
distribution, direct or indirect, on account of any shares of the Company’s
Capital Stock 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 Company’s Capital
Stock now or hereafter outstanding, and (c) any payment made to redeem,
purchase, repurchase or retire, or to obtain the surrender of, or any
outstanding warrants, options or other rights to acquire shares of any class of
the Company’s Capital Stock or any class of Capital Stock of its Subsidiaries
now or hereafter outstanding.

“Revaluation Date” means (a) with respect to any Loan, each
of the following:  (i) each date of
a Borrowing of an Offshore Rate Loan denominated in an Offshore Currency,
(ii) each date of continuation of an Offshore Rate Loan denominated in an
Offshore Currency pursuant to Section 2.03, and (iii) such
additional dates as the Administrative Agent shall determine or the Majority
Lenders shall require, and (b) with respect to any Letter of Credit, each
of the following:  (i) each date of
issuance of a Letter of Credit denominated in an Offshore Currency,
(ii) each date of an amendment of any such Letter of Credit having the
effect of increasing the amount thereof (solely with respect to the increased
amount), (iii) each date of any payment by the Issuing Lender under any
Letter of Credit denominated in an Offshore Currency, (iv) in the case of
the Existing Letters of Credit, the Amendment Effective Date, and (v) such
additional dates as the Administrative Agent or the Issuing Lender shall
determine or the Majority Lenders shall require.

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

“Sale-Leaseback Transaction” means any arrangement with any
Person providing for the leasing by the Company or any Subsidiary of any real
or personal property that, or of any property similar to and used for
substantially the same purposes as any other property that, has been or is to
be sold or otherwise transferred by the Company or any of the Subsidiaries to
such Person with the intention of entering into such a lease.

“Same Day Funds” means (a) with respect to disbursements
and payments in Dollars, immediately available funds, and (b) with respect
to disbursements and payments in an Offshore Currency, same day or other funds
as may be determined by the Administrative Agent or the Issuing Lender, as the
case may be, to be customary in the place of disbursement or payment for the
settlement of international banking transactions in the relevant Offshore
Currency.

 26
 

“SEC” means the United States Securities and Exchange
Commission.

“Securities Act” means the Securities Act of 1933.

“Senior Executive Equity Investment Program” means the Company’s
senior executive equity investment program for certain senior executives of the
Company and its Subsidiaries.

“Significant Subsidiary” means any direct or indirect domestic
Subsidiary of the Company that individually, without duplication or
consolidation with any other Subsidiary, (a) has assets with a book value
that total 5% or more of the book value of all assets of the Company and its
Subsidiaries on a consolidated basis, or (b) has the net sum of
items (a) through (g) of the definition of Consolidated EBITDA that
is 5% or more of Consolidated EBITDA in any fiscal year.  Notwithstanding the foregoing, any
Significant Subsidiary whose assets or earnings (the term “earnings” defined as
the net sum of items (a) through (g) of the definition of the Company’s
Consolidated EBITDA) fall below the foregoing 5% test at any Fiscal Year end
shall not thereafter be considered a Significant Subsidiary hereunder until
such time as it does meet such test.

“Solvent” means,
with respect to any Person that:

(a)           the total present fair value and fair
salable value of such Person’s assets on a going concern basis is in excess of
the total amount of such Person’s probable liabilities, including contingent
liabilities (which shall be valued based on reasonably expected liability);

(b)           such Person is able to pay its
liabilities and contingent liabilities as they become due; and

(c)           such Person does not have unreasonably
small capital with which to engage in such Person’s business as theretofore
operated and as proposed to be operated.

“Special Notice Currency” means at any time an Offshore Currency
other than of a country that is a member of the Organization for Economic
Cooperation and Development at such time located in North America or Europe.

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

 27
 

“Subordinated Debt” means any Indebtedness hereafter incurred
subordinated to the Obligations and with subordination terms (i) approved
in advance in writing by all Lenders, if such Indebtedness matures prior to the
Termination Date, or (ii) approved in advance in writing by the Majority
Lenders, if such Indebtedness matures after the Termination Date, in either
case, with such approval not to be unreasonably withheld or delayed.

“Subsidiary” means any corporation or other entity (excluding
Joint Ventures) of which more than fifty percent (50%) of the total voting
power of shares of stock or other securities or other ownership interests
entitled to vote in the election of the board of directors or other persons
performing similar functions are at the time directly or indirectly owned by
the Company and one or more of the Company’s Subsidiaries.

“Subsidiary Borrower” means any Wholly-Owned Subsidiary of the
Company which has satisfied the requirements of Section 5.03.

“Subsidiary Guarantor” has the meaning specified in the Master
Guaranty and Intercreditor Agreement.

“Swap Contract” means (a) 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) 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.

“Swing Line” means the revolving line of credit established by
the Swing Line Lender in favor of the Borrowers pursuant to Section 2.01A.

“Swing Line Commitment” means $30,000,000.

“Swing Line Lender” means Bank of America or any successor swing
line lender hereunder.

“Swing Line Loan” means a loan denominated in Dollars which
bears interest at a rate per annum equal to interest payable on a Base Rate
Loan and made by the Swing Line Lender to a Borrower under the Swing Line.

“Swing Line Outstandings” means, as of any date of determination,
the aggregate principal amount of Swing Line Loans then outstanding.

 28
 

“TARGET Day” means any day on which the Trans-European Automated
Real-time Gross Settlement Express Transfer (TARGET) System (or, if such
clearing system ceases to be operative, such other clearing system (if any)
determined by the Administrative Agent to be a suitable replacement) is
operating.

“Taxes” means any present or future income, stamp and other
taxes, charges, fees, levies, duties, imposts, withholdings or other assessments,
together with any interest and penalties, additions to tax and additional
amounts imposed by any federal, state, local or foreign taxing authority upon
any Person.

“Termination Date”
means the earlier to occur of:

(a)           August 31, 2012; or

(b)           the date on which the Aggregate
Commitment shall terminate in accordance with the provisions of this Agreement.

“Trademarks” means trademarks, servicemarks and trade names, all
registrations and applications to register such trademarks, servicemarks and
trade names and all renewals thereof, and the goodwill of the business
associated with or relating to such trademarks, servicemarks and trade names,
including, without limitation, any and all licenses and rights granted to use
any trademark, servicemark or trade name owned by any other Person.

“Transferee” has the meaning specified in Section 11.08(i).

“UCC” means the Uniform Commercial Code as in effect in the
State of New York.

“UCP” has the meaning specified in Section 3.10.

“Unfunded Pension Liability” means the excess on the most recent
valuation date of a Pension Plan’s benefit liabilities under
Section 400l(a)(16) of ERISA (determined in accordance with the actuarial
assumptions specified for funding purposes pursuant to Section 412 of the Code
in such Pension Plan’s most recent actuarial valuation rather than PBGC
assumptions), over the current value of that Pension Plan’s assets.

“Union Bank” means Union Bank of California, N.A.

“Wholly-Owned Subsidiary” means any Subsidiary for which all of
the voting shares of Capital Stock or other ownership interests (except
directors’ qualifying shares) are at the time directly or indirectly owned by
the Company or one or more of its other Wholly-Owned Subsidiaries.

1.02        Other Interpretive
Provisions.

(a)           Defined Terms. 
Unless otherwise specified herein or therein, all terms defined in this
Agreement shall have the respective defined meanings when used in any
certificate or other document made or delivered pursuant hereto.  The meaning of defined terms shall be equally
applicable to the singular and plural forms of the defined terms.  Terms

 29
 

(including uncapitalized terms) not otherwise defined
herein and that are defined in the UCC shall have the meanings therein
described.

(b)           The Agreement. 
The words “hereof,” “herein,” “hereunder” and words of similar import
when used in this Agreement shall refer to this Agreement as a whole and not to
any particular provision of this Agreement; and section, schedule and exhibit
references are to this Agreement unless otherwise specified.

(c)           Certain Common Terms.

(i)            The term “documents” includes all instruments,
documents, agreements, certificates, indentures, notices and other writings,
however evidenced.

(ii)           The term “including” is not limiting and means “including,
without limitation.”

(iii)          References in this Agreement to any “Person” shall
include the permitted successors and assigns of such Person.

(d)           Performance; Time. 
Whenever any performance obligation hereunder (other than a payment
obligation) shall be stated to be due or required to be satisfied on a day
other than a Business Day, such performance shall be made or satisfied on the
next succeeding Business Day.  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.”  If any provision of this Agreement refers to
any action taken or to be taken by any Person, or which such Person is
prohibited from taking, such provision shall be interpreted to encompass any
and all means, direct or indirect, of taking, or not taking, such action.

(e)           Contracts. 
Unless otherwise expressly provided herein, references to agreements and
other contractual instruments shall be deemed to include all subsequent
amendments, supplements and other modifications thereto, but only to the extent
such amendments, supplements and other modifications are not prohibited by the
terms of any Loan Document.

(f)            Laws. 
References to any statute or regulation are to be construed as including
all statutory and regulatory provisions consolidating, amending, replacing,
supplementing or interpreting the statute or regulation.

(g)           Captions. 
The captions and headings of this Agreement are for convenience of
reference only and shall not affect the interpretation of this Agreement.

(h)           Independence of Provisions. 
The parties acknowledge that this Agreement and the other Loan Documents
may use several different limitations, tests or measurements to regulate the
same or similar matters, and that such limitations, tests and measurements are
cumulative and must each be performed, except as expressly stated to the
contrary in this Agreement.

 30
 

(i)            Interpretation. 
This Agreement is the result of negotiations among and has been reviewed
by counsel to the Administrative Agent, the Company and other parties, and is
the product of all parties hereto. 
Accordingly, this Agreement and the other Loan Documents shall not be
construed against the Lenders, any Issuing Lender, or the Administrative Agent
merely because of the Administrative Agent’s, any Issuing Lender’s or Lenders’
involvement in the preparation of such documents and agreements.

(j)            Accounting Principles. 
Unless the context otherwise clearly requires, all accounting terms not
expressly defined herein shall be construed, and all financial computations
required under this Agreement shall be made, in accordance with GAAP,
consistently applied.

(k)           Back-to-back Letters of Credit. 
In calculating any amount of Indebtedness or Contingent Obligations for
purposes of any covenant, if a letter of credit (whether or not a Letter of
Credit issued hereunder) is issued for the purpose of securing reimbursement
obligations of the Company or any of its Subsidiaries in respect of another
letter of credit (commonly known as a back-to-back letter of credit),
reimbursement obligations in respect of only one of the letters of credit will
be used, and the other reimbursement obligations will be disregarded.  If the amount of the reimbursement obligation
in respect of one letter of credit in any such arrangement is greater than the
amount of the reimbursement obligation in respect of the other, the higher
amount shall be used.

1.03        Exchange Rates; Currency
Equivalents.  The Administrative
Agent or the applicable Issuing Lender shall determine the Spot Rates as of
each Revaluation Date to be used for calculating Dollar Equivalent amounts of
Extensions of Credit and Effective Amounts denominated in Offshore
Currencies.  Such Spot Rates shall become
effective as of such Revaluation Date and shall be the Spot Rates employed in
converting any amounts between the applicable currencies until the next
Revaluation Date to occur.  Except for
purposes of financial statements delivered by the Company hereunder or
calculating financial covenants hereunder or except as otherwise provided
herein, the applicable amount of any currency for purposes of the Loan
Documents shall be such Dollar Equivalent amount as so determined by the Administrative
Agent or the applicable Issuing Lender.

1.04        Extensions of Credit in
Offshore Currencies.

(a)           The Borrowers may from time to time
request Extensions of Credit in currencies other than those listed on Schedule 2.02
so long as such currency is either (a) freely traded in the offshore
interbank foreign exchange markets and freely transferable, freely convertible
into Dollars, and of a country that is a member of the Organization for
Economic Cooperation and Development at such time located in North America or
Europe, or (b) otherwise approved by all of the Lenders in accordance with
this Section 1.04(a).  The
Borrowers shall request any such additional currency by Requisite Notice to the
Administrative Agent (who shall promptly notify each Lender) not later than the
Requisite Time therefor.  Each Lender
shall notify the Administrative Agent (who shall promptly notify the Company)
whether it can, in its sole discretion, make an Extension of Credit in such
requested currency.  If all the Lenders
consent to such currency, such currency shall thereafter be deemed for all
purposes an Offshore Currency hereunder available for Extensions of Credit.

 31
 

(b)           The Borrowers may from time to time
request, with the consent of the applicable Issuing Lender given or withheld in
its sole discretion, that Letters of Credit be issued in currencies other than
those listed on Schedule 2.02 or otherwise approved pursuant to
subsection (a) above (a “Letter of Credit Currency”).  Only Letters of Credit may be issued in a
Letter of Credit Currency, and no Loans may be requested in a Letter of Credit
Currency unless such currency has been otherwise approved pursuant to
subsection (a) above.

(c)           At any time that Extensions of Credit are
outstanding in an Offshore Currency, a portion of the Aggregate Commitment
shall be reserved in an amount equal to 5% of the aggregate outstanding amount
of such Extensions of Credit denominated in Offshore Currencies.

(d)           Each obligation of the Borrowers to make
a payment denominated in the national currency unit of any member state of the
European Union that adopts the euro as its lawful currency after the date
hereof shall be redenominated into euro at the time of such adoption (in
accordance with the EMU Legislation). 
If, in relation to the currency of any such member state, the basis of
accrual of interest expressed in this Agreement in respect of that currency
shall be inconsistent with any convention or practice in the London interbank
market for the basis of accrual of interest in respect of the euro, such
expressed basis shall be replaced by such convention or practice with effect
from the date on which such member state adopts the euro as its lawful
currency; provided that if any Extension of Credit in the currency of such
member state is outstanding immediately prior to such date, such replacement
shall take effect, with respect to such Extension of Credit, at the end of the
then current Interest Period.

(e)           The Administrative Agent may from time to
time further modify the terms of, and practices contemplated by, this Agreement
with respect to the euro to the extent the Administrative Agent determines, in
its reasonable discretion, that such modifications are necessary or convenient
to reflect new laws, regulations, customs or practices developed in connection
with the euro.  The Administrative Agent
may effect such modifications, and this Agreement shall be deemed so amended,
without the consent of any Borrower or the Lenders to the extent such
modifications are not materially disadvantageous to the Borrowers and the
Lenders, upon notice thereto.

1.05        Letter of Credit Amounts.  Unless otherwise specified herein, the amount
of a Letter of Credit at any time shall be deemed to be the Dollar Equivalent
of the stated amount of such Letter of Credit in effect at such time; provided,
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 Dollar Equivalent of the maximum stated amount
of such Letter of Credit after giving effect to all such increases, whether or
not such maximum stated amount is in effect at such time.

 32
 

SECTION
2.  THE
CREDITS

2.01        Amounts and Terms of
Commitments.

(a)           From time to time on any Business Day
during the period from the Amendment Effective Date to the Termination Date,
each Lender severally agrees, on the terms and conditions hereinafter set
forth, to (i) make loans in Dollars and Offshore Currencies to each
Borrower (each such loan, a “Loan”) and (ii) participate in Letters
of Credit denominated in Dollars or Offshore Currencies Issued for the account
of a Borrower or another Permitted Letter of Credit Account Party; provided,
however, that, after giving effect to any Borrowing of Loans or any
Issuance of, or purchase of participations in, Letters of Credit:

(1)           the Effective Amount of the Loans of any Lender
(including, without limitation, participations of such Lender in Swing Line
Loans) plus the participation of such Lender in the Effective Amount of all L/C
Obligations shall not exceed an aggregate amount at any time outstanding equal
to the amount set forth opposite the Lender’s name in Schedule 2.01
hereto under the heading “Commitment” (such amount as the same may be reduced
pursuant to Section 2.04 or as a result of one or more assignments
pursuant to Section 11.08, the Lender’s “Commitment”);

(2)           the Effective Amount of all L/C Obligations relating
to Commercial L/Cs and Financial Letters of Credit shall not exceed
$100,000,000 in the aggregate at any time;

(3)           the Effective Amount of all L/C Obligations relating
to Performance Letters of Credit shall not at any time exceed the Aggregate
Commitment;

(4)           the Effective Amount of all Loans (whether denominated
in Dollars or Offshore Currencies advanced on a pro rata basis by all of the
Lenders, or as a Swing Line Loan advanced by the Swing Line Lender) shall not
at any time exceed the Aggregate Commitment;

(5)           The Effective Amount of each Lender’s Loans
(including, without limitation, such Lender’s participation in Swing Line
Loans) shall not exceed such Lender’s Pro Rata Share of such amount; and

(6)           the Effective Amount of all Loans (including, without
limitation, Swing Line Loans) and L/C Obligations shall not at any time exceed
the Aggregate Commitment.

(b)           Within the foregoing limits, and subject
to the other terms and conditions hereof, any Borrower may borrow Loans under
this Section 2.01, request the Issuance of Letters of Credit under Section 3.02,
prepay pursuant to Section 2.05 and reborrow Loans pursuant to this
Section 2.01.

2.01A     The Swing Line.

(a)           The
Swing Line Lender shall from time to time prior to the Termination Date make
Swing Line Loans denominated in Dollars to the Borrowers in such amounts as any
Borrower may request; provided, however, that (i) after
giving effect to such Swing Line Loan, the aggregate Swing Line Outstandings
shall not exceed the Swing Line Commitment and the

 33
 

Borrowers shall be in compliance with Section 2.01(a);
and (ii) without the consent of the Majority Lenders and the Swing Line
Lender, no Swing Line Loan shall be made during the continuation of an Event of
Default.  The Borrowers may borrow, repay
and reborrow under this Section 2.01A.  Unless notified to the contrary by the Swing
Line Lender, Borrowings under the Swing Line may be made in amounts which are
multiples of $100,000 (an “integral amount”) upon Requisite Notice made to the
Swing Line Lender not later than 2:00 p.m. Pacific time.  Each such request for a Swing Line Loan shall
constitute a representation and warranty by the Borrower that the conditions
set forth in Sections 5.02(b) and (c) are satisfied.  Promptly after receipt of such request, the
Swing Line Lender shall obtain telephonic verification from the Administrative
Agent that there is availability for such Swing Line Loan under the
Commitments.  Unless notified to the
contrary by the Swing Line Lender, each repayment of a Swing Line Loan shall be
in an amount which is a multiple of the integral amount.  If the Borrowers instruct the Swing Line
Lender to debit their designated deposit account at Bank of America in the
amount of any payment with respect to a Swing Line Loan, or the Swing Line
Lender otherwise receives repayment, after 2:00 p.m. Pacific time, such
payment shall be deemed received on the next Business Day.  The Swing Line Lender shall promptly notify
the Administrative Agent of the Swing Loan Outstandings each time there is a
change therein.

(b)           Swing
Line Loans shall bear interest at a fluctuating rate per annum equal to the
rate of interest payable on Base Rate Loans, which interest shall be payable on
such dates, not more frequent than quarterly, as may be specified by the Swing
Line Lender and in any event on the Termination Date.  The Swing Line Lender shall be responsible
for invoicing the Borrowers for such interest. 
The interest payable on Swing Line Loans is solely for the account of
the Swing Line Lender.

(c)           The
principal amount of each Swing Line Loan shall be payable on the earlier of
(i) the tenth (10th) Business Day after such Swing Line Loan is made, or
(ii) the Termination Date.

(d)           Upon
the making of a Swing Line Loan, each Lender shall be deemed to have purchased
from the Swing Line Lender a participation therein in an amount equal to that
Lender’s Pro Rata Share times the amount of the Swing Line Loan.  Upon demand made by the Swing Line Lender,
each Lender shall, according to its Pro Rata Share, promptly provide to the
Swing Line Lender its purchase price therefor in an amount equal to its
participation therein.  The obligation of
each Lender to so provide its purchase price to the Swing Line Lender shall be
absolute and unconditional and shall not be affected by the occurrence of an Event
of Default or any other occurrence or event.

2.02        Loan Accounts and Notes.

(a)           Subject to Section 2.02(b),
the Loans made by each Lender and the Letters of Credit Issued by any Issuing
Lender shall be evidenced by one or more loan or letter of credit accounts
maintained by such Lender or such Issuing Lender, as the case may be, in the
ordinary course of business.  The loan or
letter of credit accounts or records maintained by the Administrative Agent,
each Issuing Lender and each Lender shall be rebuttable presumptive evidence of
the amount of the Loans made by the Lenders to, and the Letters of Credit
Issued by such Issuing Lender at the request of, the Borrowers and the interest
and payments thereon.  Any

 34
 

failure so to record or any error in doing so shall
not, however, limit or otherwise affect the obligation of the Borrowers
hereunder (and under any Note) to pay any amount owing with respect to the
Loans or Letters of Credit.

(b)           If requested by any Lender, each Borrower
shall issue a Note payable to the order of such Lender in an amount equal to
such Lender’s Pro Rata Share of the maximum amount of Loans permitted under Section 2.01(a)(1),
to evidence the Loans made by such Lender. 
Each such Lender shall endorse on the schedules annexed to its Notes,
the date and amount of each Loan made by such Lender.  Each Lender is irrevocably authorized by the
Borrowers to endorse its Notes and each Lender’s record shall be rebuttable
presumptive evidence; provided, however, that the failure of a
Lender to make, or an error in making, a notation thereon with respect to any
Loan shall not limit or otherwise affect the Obligations of a Borrower
hereunder or under any such Note to such Lender.

2.03        Borrowings, Conversions and
Continuations of Loans.

(a)           Any Borrower may irrevocably request a
Borrowing, Conversion or Continuation of Loans on any Business Day in a Minimum
Amount therefor by delivering a Request for Extension of Credit therefor by
Requisite Notice to the Administrative Agent not later than the Requisite Time
therefor.  All Borrowings, Conversions
and Continuations shall constitute Base Rate Loans unless properly and timely
otherwise designated as set forth in the prior sentence.

(b)           Following receipt of a Request for
Extension of Credit denominated in Dollars, the Administrative Agent shall
promptly notify each Lender by Requisite Notice of its Pro Rata Share thereof
(or in the case of a borrowing under Section 2.04A(h), its share
thereof).  Following receipt of a Request
for Extension of Credit denominated in an Offshore Currency, the Administrative
Agent shall promptly notify each Lender by Requisite Notice of the aggregate
amount of such Extension of Credit in such Offshore Currency, the aggregate
Dollar Equivalent of such Extension of Credit and the applicable Spot Rate used
by the Administrative Agent to determine such Dollar Equivalent.  In the case of a Borrowing of Loans, each
Lender shall make the funds for its Loan available in the currency of such Loan
to the Administrative Agent at the Administrative Agent’s Office not later than
the Requisite Time therefor on the Business Day specified in such Request for
Extension of Credit.  Upon satisfaction
of the applicable conditions set forth in Section 5.02, (and, with
respect to the initial Extension of Credit hereunder, Section 5.01),
all funds so received shall be made available to the Borrowers in like funds
received.  The Administrative Agent shall
promptly notify the Borrowers and the Lenders of the interest rate applicable
to any Offshore Rate Loans upon determination of same.  The Administrative Agent shall from time to
time notify the Company and the Lenders of any change in Bank of America’s
prime rate used in determining the Base Rate following the public announcement
of such change.

(c)           If an Offshore Rate Loan is Continued or
Converted on a day other than the last day of the Interest Period for such
Loan, the Borrowers shall reimburse the Lenders for any resulting loss or
expense described in Section 4.05. 
No Loan may be Converted into or Continued as a Loan denominated in a
different currency, but instead must be prepaid in the original currency of
such Loan and reborrowed in the other currency.

 35
 

(d)           If a Loan is to be made on the same date
that another Loan in the same currency is due and payable, the Borrowers or the
Lenders, as the case may be, shall, unless the Administrative Agent otherwise
requests, make available to the Administrative Agent the net amount of funds
giving effect to both such Loans and the effect for purposes of this Agreement
shall be the same as if separate transfers of funds had been made with respect
to each such Loan.

(e)           The failure of any Lender to make any
Loan on any date shall not relieve any other Lender of any obligation to make a
Loan on such date, but no Lender shall be responsible for the failure of any
other Lender to so make its Loan.

(f)            Unless the Majority Lenders shall
otherwise agree, during the existence of an Event of Default, the Borrowers may
not elect to have a Loan be made as, or Converted into or Continued as, an
Offshore Rate Loan.

(g)           After giving effect to any Borrowing,
there shall not be more than 10 different Interest Periods in effect.

2.04        Voluntary Termination or
Reduction of Commitments prior to the Termination Date.  The Borrowers may, upon Requisite Notice to
the Administrative Agent given not later than the Requisite Time therefor,
terminate the Aggregate Commitment or permanently reduce the Aggregate
Commitment in a Minimum Amount therefor; provided, that no such reduction or
termination shall be permitted if, after giving effect thereto and any
concurrent prepayments, the Effective Amount of Loans and L/C Obligations would
exceed the Aggregate Commitment.  Any
reduction of the Aggregate Commitment pursuant to this Section 2.04
shall be applied to each Lender’s Commitment in accordance with the Lender’s
Pro Rata Share thereof.  All accrued
commitment and Letter of Credit fees to, but not including, the effective date
of any reduction or termination of the Aggregate Commitment, shall be paid on
the effective date of such reduction or termination.

2.04A     Optional Increase in Commitments.

(a)           Provided that no Default or Event of
Default then exists, the Borrowers may at any time and from time to time
request in writing that the Aggregate Commitment be increased in accordance
with the provisions of this Section 2.04A up to a maximum aggregate
increase of $150,000,000 during the term of this Agreement (the “maximum
increase amount”).  Each requested
increase in the Aggregate Commitment pursuant to this Section 2.04A
shall be in a minimum amount of $10,000,000 or, if less, the remaining
available portion of the maximum increase amount.  No increase in the Aggregate Commitment
pursuant to this Section 2.04A shall increase the Swing Line
Commitment or the dollar limitation on L/C Obligations relating to Commercial
L/Cs and Financial Letters of Credit under Section 2.01(a)(2).

(b)           Any request under this Section 2.04A
shall be submitted by the Borrowers to the Administrative Agent not less than
fifteen (15) Business Days prior to the proposed increase, shall specify the
proposed effective date and amount of such increase, and shall be accompanied
by a certificate of a Responsible Officer stating that no Default or Event of
Default exists as of the date of the request or will result from the requested
increase.  The Borrowers may

 36
 

also specify any fees offered to purchasers of the
increased amount of the Aggregate Commitment.

(c)           The Administrative Agent shall promptly
communicate each request under this Section 2.04A to all of the
Lenders, which shall have an exclusive right of first refusal to purchase the
increased amount of the Aggregate Commitment. 
The Lenders shall have fifteen (15) Business Days to advise the
Administrative Agent whether, collectively, they wish to acquire all or any
portion of the increased Aggregate Commitment. 
No Lender’s Commitment may be increased pursuant to this Section 2.04A
without the consent of such Lender.

(d)           Each Lender may approve or reject a
request for an increase in the amount of the Aggregate Commitment in its sole
and absolute discretion.  Notwithstanding
any other provision hereof, no Lender which rejects a request for an increase
in the Aggregate Commitment shall be (i) subject to removal as a Lender,
(ii) obligated to lend any amount greater than its original Pro Rata Share
of the original Aggregate Commitment, or (iii) deemed to be in default in
any respect hereunder.

(e)           In responding to a request under this Section 2.04A,
each Lender which, individually, is willing to purchase a portion of the
increased Aggregate Commitment shall specify the amount of the proposed
increase which it is willing to acquire. 
If the Aggregate Commitments are increased in accordance with this Section
2.04A, the Administrative Agent and the Company shall determine the
effective date (the “Increase Effective Date”) and the final allocation
of such increase.  The Administrative
Agent shall promptly notify the Company and the Lenders of the final allocation
of such increase and the Increase Effective Date.

(f)            If the aggregate principal amount offered
to be purchased by the Lenders is less than the amount requested by the
Borrowers, the Borrowers may (i) reject all or any portion of the proposed
increase; provided, however, that any partial reduction shall, to
the extent practicable, be apportioned among the participating Lenders on a
ratable basis, (ii) accept the offered amounts, or (iii) accept the
offered amounts and solicit additional commitments, in an aggregate amount not
to exceed the difference between the requested commitments and the offered
amounts, from financial institutions which are not then Lenders.

(g)           Subject to the foregoing, any increase in
the Aggregate Commitment requested under this Section 2.04A shall
be effective as of the date proposed by the Borrowers or such later date as may
be mutually agreeable to the Borrowers, the Administrative Agent and the
Lenders providing the increased Aggregate Commitment (the “Participating
Lenders”).  Upon the effectiveness of
any such increase, the Borrowers shall issue replacement Notes to each
Participating Lender which acquires a portion of such increase, and the Pro
Rata Share of each Lender and each Participating Lender will be adjusted,
higher or lower as needed, to give effect to the increase in the Aggregate
Commitment and set forth in a new Schedule 2.01 issued by the
Administrative Agent.  In addition, each
Participating Lender shall execute and deliver to the Borrowers and the
Administrative Agent an agreement whereby such Participating Lender agrees to
provide the portion of the Aggregate Commitment identified to such
Participating Lender in the revised Schedule 2.01 referred to in
the preceding sentence and each Participating Lender that is not already a
Lender agrees to become a Lender and be bound by the terms and conditions of
this Agreement.

 37

(h)                                 On the Increase Effective Date, the
Commitment, Pro Rata Share and outstanding Loans of each Lender will be
adjusted (by assignments, non-ratable prepayments or non-ratable Borrowings) to
give effect to the increase in the Aggregate Commitments.  To the extent that the adjustment of Pro Rata
Shares results in losses or expenses to any Lender as a result of the
prepayment of any Offshore Rate Loan on a date other than the scheduled last
day of the applicable Interest Period, the Borrowers shall be responsible for
such losses or expenses pursuant to Section 4.05.

2.05                        Optional
Prepayments.  Subject to Section 4.05,
the Borrowers may upon Requisite Notice given not later than the Requisite Time
therefor to the Administrative Agent, at any time or from time to time, ratably
prepay Loans in a Minimum Amount therefor. 
Such notice of prepayment shall specify the date and amount of such
prepayment and whether such prepayment is of Base Rate Loans or Offshore Rate
Loans, or any combination thereof. Such notice shall not thereafter be
revocable by the Borrowers and the Administrative Agent will promptly notify
each Lender thereof and of such Lender’s Pro Rata Share of such
prepayment.  If such notice is given by
the Borrowers, the Borrowers shall make such prepayment and the payment amount
specified in such notice shall be due and payable on the date specified
therein, together with accrued interest on any Offshore Rate Loans prepaid to
each such date on the amount prepaid and any amounts required pursuant to Section 4.05.

2.06                        Mandatory
Prepayments.

(a)                                  If at any time the Effective Amount of
Loans and/or L/C Obligations then outstanding (less the amount of any Letters
of Credit that have been Cash Collateralized) exceeds the Effective Amount
thereof then permitted by Section 2.01 and subject to
Section 11.18, the Borrowers shall, immediately, without notice or
demand, prepay the outstanding principal amount of the Loans and/or L/C
Advances and/or Cash Collateralize outstanding Letters of Credit in an
aggregate amount equal to such excess in accordance with Section 2.06(b).

(b)                                  If as a result of any currency
recalculation pursuant to Section 1.03 on any Revaluation Date the
Administrative Agent determines that the aggregate exposure under the total
Extensions of Credit outstanding on such date (less the amount of any Letters
of Credit that have been Cash Collateralized) exceeds the Aggregate Commitment
by more than $500,000, the Company shall prepay Loans and/or Cash Collateralize
L/C Obligations as necessary to eliminate such excess.

(c)                                  As between repayment of Loans and Cash
Collateralization of L/C Obligations pursuant to Sections 2.06(a)
and (b) and subject to Section 11.18, the Borrowers shall first
prepay any Base Rate Loans then outstanding, then prepay Offshore Rate Loans,
and thereafter Cash Collateralize outstanding Letters of Credit.  If the amount of Base Rate Loans is not
sufficient to satisfy the entire prepayment requirement pursuant to Section 2.06(a)
or Section 2.06(b), the Borrowers may prepay any Offshore Rate Loans
which they would otherwise be required to prepay on a day other than the last
day of the Interest Period therefor on the last day of such Interest Period(s),
and the amount of Letters of Credit required to be Cash Collateralized may be
reduced by the amount of such Offshore Rate Loans to be prepaid.  The Borrowers shall pay, together with each
prepayment of Offshore Rate Loans under this Section 2.06, accrued
interest on the amount prepaid and any amounts required pursuant to Section 4.05.

 38
 

2.07                        Repayment.

(a)                                  Loans. 
Each Borrower agrees to repay to the Lenders in full on the Termination
Date the aggregate principal amount of all Loans made to it that are
outstanding on the Termination Date.

(b)                                  L/C Borrowings. 
Except as permitted under Section 3.01(c), each Borrower
agrees to repay to the Lenders in full on the Termination Date the aggregate
principal amount of all L/C Borrowings made to it that are outstanding on the
Termination Date.

2.08                        Interest.

(a)                                  Subject to Sections 2.08(d) and 11.01(b),
each Loan shall bear interest on the outstanding principal amount thereof from
the date when made to the date paid in full at a rate per annum equal to the
Offshore Rate or the Base Rate, as the case may be, plus the Applicable Margin
in effect, plus, if such Loan is an Offshore Currency Loan, any Mandatory Cost
in effect, to the extent applicable.

(b)                                  Interest on each Loan shall be paid in
arrears on each Interest Payment Date. 
Interest shall also be paid on the date of any prepayment of Offshore
Rate Loans pursuant to Section 2.05 or 2.06 for the portion
of the Loans so prepaid and upon payment (including prepayment) in full thereof
and, during the existence of any Event of Default, interest shall be paid on
demand.

(c)                                  While (i) any Event of Default exists
under Section 9.01(a), or (ii) following the occurrence and
during the continuation of any other Event of Default in consequence of which
the Majority Lenders have elected to assess interest on the Obligations at such
rate, the Borrowers shall pay interest (after as well as before entry of
judgment thereon to the extent permitted by law) on the principal amount of all
Obligations due and unpaid at a rate per annum equal to the sum of the Base
Rate plus the Applicable Margin based on Pricing Level 5 for Base Rate Loans
plus 2% per annum.

(d)                                  Anything herein to the contrary
notwithstanding, the obligations of the Borrowers hereunder shall be subject to
the limitation that payments of interest shall not be required for any period
for which interest is computed hereunder, to the extent (but only to the
extent) that contracting for or receiving such payment by the respective Lender
would be contrary to the provisions of any law applicable to such Lender
limiting the highest rate of interest which may be lawfully contracted for,
charged or received by such Lender, and in such event the Borrowers shall pay
such Lender interest at the highest rate permitted by applicable law.

2.09                        Fees.  In addition to fees described at Section
3.09:

(a)                                  Commitment Fee. 
The Company shall pay to the Administrative Agent for the account of
each Lender a commitment fee on the actual daily unused portion of such Lender’s
Commitment, computed on a quarterly basis in arrears on each Quarterly Payment
Date upon the daily utilization for that Fiscal Quarter as calculated by the
Administrative Agent (with

 39
 

the understanding that the outstanding principal
balance of Swing Line Loans shall not be included in the calculation of
utilization of the Commitments for the purpose of computing the amount of the
commitment fee payable under this Section 2.09(a)), equal to the
Applicable Margin therefor in effect. 
Such commitment fee shall accrue from the Amendment Effective Date to
the Termination Date, and shall be due and payable quarterly in arrears
commencing in September 2007 and continuing through the Termination Date; provided,
however, that in connection with any reduction or termination of
Commitments pursuant to Section 2.04, the accrued commitment fee
calculated for the period ending on such date shall also be paid, with the next
succeeding quarterly payment being calculated on the basis of the period from
the reduction or termination date to such Quarterly Payment Date.  The commitment fees provided in this
Section shall accrue at all times after the above-mentioned commencement
date, including at any time during which one or more conditions in Section 5.02
are not met.

(b)                                  Agency and Arrangement Fees. 
The Company shall pay to the Administrative Agent for the Administrative
Agent’s own account an annual agency fee, and shall pay an arrangement fee to
each of the Arrangers, in each case in the amount and at the times set forth in
separate fee letter agreements among the Company, the Administrative Agent and
the Arrangers.

2.10                        Computation of
Fees and Interest.

(a)                                  All computations of interest payable in
respect of Base Rate Loans at all times as the Base Rate is determined by Bank
of America’s “prime rate” shall be made on the basis of a year of 365 or 366
days, as the case may be, and actual days elapsed. All other computations of
fees and interest under this Agreement shall be made on the basis of a 360-day
year and actual days elapsed, which results in more interest being paid than if
computed on the basis of a 365-day year. 
Interest and fees shall accrue during each period during which interest
or such fees are computed from the first day thereof to the last day thereof
or, in the case of interest in respect of Loans denominated in Offshore
Currencies as to which market practice differs from the foregoing, in
accordance with such market practice.

(b)                                  The Administrative Agent will, with
reasonable promptness, notify the Borrowers and the Lenders of each
determination of an Offshore Rate; provided, however, that any
failure to do so shall not relieve the Borrowers of any liability hereunder or
provide the basis for any claim against the Administrative Agent.  Any change in the commitment fee or interest
rate on a Loan resulting from a change in the Applicable Margin shall become
effective as of the opening of business on the day on which such change in the
Applicable Margin becomes effective.  The
Administrative Agent will with reasonable promptness notify the Company and the
Lenders of the effective date and the amount of each such change, provided
that any failure to do so shall not relieve any Borrower of any liability
hereunder or provide the basis for any claim against the Administrative Agent.

(c)                                  Each determination of an interest rate by
the Administrative Agent shall be conclusive and binding on each Borrower and
the Lenders in the absence of manifest error. 
The Administrative Agent will, at the request of any Borrower or any
Lender, deliver to such Borrower or such Lender, as the case may be, a statement
showing the quotations used by the Administrative Agent in determining any
interest rate.

 40
 

(d)                                  If, as a result of any restatement of or
other adjustment to the financial statements of the Company or any mistake in
the calculation of the Consolidated Leverage Ratio contained in the Compliance
Certificate delivered by the Company to the Administrative Agent pursuant to Section 7.02(c),
the Company or the Majority Lenders determine that (i) the Consolidated
Leverage Ratio as calculated by the Company as of any applicable date was
inaccurate and (ii) a proper calculation of the Consolidated Leverage
Ratio would have resulted in higher pricing for such period, each Borrower
shall retroactively be obligated to pay to the Administrative Agent for the
account of the applicable Lenders, within 10 Business Days after demand by the
Administrative Agent (or, after the occurrence of an actual or deemed entry of
an order for relief with respect to any Borrower under the Bankruptcy Code of
the United States, automatically and without further action by the
Administrative Agent, any Lender or any Issuing Lender), 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 or
the Administrative Agent, any Lender or any Issuing Lender, as the case may be,
under Sections 2.08(c), 3.03(d) or 3.09(f) or under Section 9.  The Borrowers’ obligations under this
paragraph shall survive the termination of the Aggregate Commitment and the
repayment of all other obligations hereunder.

2.11                        Payments by the
Borrowers.

(a)                                  Subject to Section 11.01(b)
and Section 2.04A(h), all payments (including prepayments) to be made by
the Borrowers on account of principal, interest, drawings under Letters of
Credit, fees and other amounts required hereunder shall be made without
set-off, recoupment or counterclaim; shall, except as otherwise expressly
provided with respect to drawings under Letters of Credit and elsewhere herein,
be made to the Administrative Agent for the ratable account of the Lenders at
the Administrative Agent’s Office and shall be made in the currency of such
Extension of Credit and in immediately available funds, no later than the
Requisite Time therefor on the date specified herein.  Subject to Section 11.01(b) and Section
2.04A(h), the Administrative Agent will promptly distribute to each Lender
its Pro Rata Share (or other applicable share as expressly provided herein) of
such principal, interest, fees or other amounts, in like funds as received. Any
payment which is received by the Administrative Agent later than the Requisite
Time therefor shall be deemed to have been received on the immediately
succeeding Business Day and any applicable interest or fee shall continue to
accrue.  Notwithstanding any other
provisions of this Agreement, if and to the extent that EMU Legislation
provides that amounts denominated in the euro or a national currency unit (“NCU”)
may be paid within a country in either the euro or the NCU of that country by
crediting an account of the creditor in that country, payments may be made in
either the euro or such NCU.

(b)                                  Whenever any payment hereunder shall be
stated to be due on a day other than a Business Day, such payment shall be made
on the next succeeding Business Day, and such extension of time shall in such
case be included in the computation of interest or fees, as the case may be;
subject to the provisions set forth in the definition of “Interest Period”
herein.

(c)                                  Unless the Administrative Agent shall
have received notice from a Borrower prior to the date on which any payment is
due to the Lenders hereunder that such Borrower will not make such payment in
full as and when required hereunder, the

 41
 

Administrative Agent may assume that such Borrower has
made such payment in full to the Administrative Agent on such date in
immediately available funds and the Administrative Agent may (but shall not be
so required), in reliance upon such assumption, cause to be distributed to each
Lender on such due date an amount equal to the amount then due such
Lender.  If and to the extent a Borrower
shall not have made such payment in full to the Administrative Agent, each
Lender shall repay to the Administrative Agent on demand such amount distributed
to such Lender, together with interest thereon for each day from the date such
amount is distributed to such Lender until the date such each such day.

2.12                        Payments by
Lenders to Administrative Agent.

(a)                                  Unless the Administrative Agent shall
have received notice from a Lender on the Amendment Effective Date or, with
respect to each Borrowing after the Amendment Effective Date, at least one
Business Day prior to the date of any proposed Borrowing of Offshore Rate Loans
and not later than 12:00 Noon Pacific time on the date of any proposed
Borrowing of Base Rate Loans, that such Lender will not make available to the
Administrative Agent as and when required hereunder for the account of the
Borrowers the amount of that Lender’s Pro Rata Share (or, in the case of a
Borrowing pursuant to Section 2.04A(h), its share) of the Borrowing, the
Administrative Agent may assume that each Lender has made such amount available
to the Administrative Agent in immediately available funds on the date of such
Borrowing and the Administrative Agent may (but shall not be so required), in
reliance upon such assumption, make available to the Borrowers on such date a
corresponding amount.  If and to the
extent any Lender shall not have made its full amount available to the Administrative
Agent in immediately available funds and the Administrative Agent in such
circumstances has made available to the Borrowers such amount, that Lender
shall on the next Business Day following the date of such Borrowing make such
amount available to the Administrative Agent, together with interest at the
Overnight Rate for and determined as of each day during such period.  A notice of the Administrative Agent
submitted to any Lender with respect to amounts owing under this Section 2.12(a)
shall be conclusive, absent manifest error. 
If such amount is so made available, such payment to the Administrative
Agent shall constitute such Lender’s Loan on the date of Borrowing for all
purposes of this Agreement.  If such
amount is not made available to the Administrative Agent on the next Business
Day following the date of such Borrowing, the Administrative Agent shall notify
the Company of such failure to fund and, upon demand by the Administrative
Agent, the Borrowers shall pay such amount to the Administrative Agent for the
Administrative Agent’s account, together with interest thereon for each day
elapsed since the date of such Borrowing, at a rate per annum equal to the
interest rate applicable at the time to the Loans comprising such
Borrowing.  Any payment by the Borrowers
pursuant to the preceding sentence shall be without prejudice to any claim the
Borrowers may have against the applicable Lender for failing to fund its Pro
Rata Share (or, in the case of a Borrowing pursuant to Section 2.04A(h),
its share) of the Borrowing.

(b)                                  The failure of any Lender to make any
Loan on any date of borrowing shall not relieve any other Lender of any
obligation hereunder to make a Loan on the date of such borrowing, but no
Lender shall be responsible for the failure of any other Lender to make the
Loan to be made by such other Lender on the date of any borrowing.

 42
 

2.13                        Sharing of
Payments, Etc.  If, other than as
expressly provided elsewhere herein, (including Section 2.04A(h)) any
Lender shall obtain on account of the Loans made by it any payment (whether
voluntary, involuntary, through the exercise of any right of set-off, or
otherwise) in excess of its Pro Rata Share of payments on account of the Loans
obtained by all the Lenders, such Lender shall forthwith (a) notify the
Administrative Agent of such fact, and (b) purchase from the other Lenders
such participations in the Loans made by them as shall be necessary to cause
such purchasing Lender to share the excess payment ratably with each of them; provided,
however, that if all or any portion of such excess payment is thereafter
recovered from the purchasing Lender, such purchase shall to that extent be
rescinded and each other Lender shall repay to the purchasing Lender the
purchase price paid therefor, together with an amount equal to such paying
Lender’s Pro Rata Share (according to the proportion of (i) the amount of
such paying Lender’s required repayment to (ii) the total amount so
recovered from the purchasing Lender) of any interest or other amount paid or
payable by the purchasing Lender in respect of the total amount so
recovered.  Each Borrower agrees that any
Lender so purchasing a participation from another Lender pursuant to this Section 2.13
may, to the fullest extent permitted by law, exercise all its rights of payment
(including the right of set-off, but subject to Section 11.09) with
respect to such participation as fully as if such Lender were the direct
creditor of such Borrower in the amount of such participation.  The Administrative Agent will keep records
(which shall be conclusive and binding in the absence of manifest error) of
participations purchased pursuant to this Section 2.13 and will in each
case notify the Lenders following any such purchases or repayments.

 

2.14                        Guaranty.  All Obligations shall be unconditionally
guaranteed by the Guarantors pursuant to the Master Guaranty and Intercreditor
Agreement, which shall be administered in accordance with Section 7.17.  The Administrative Agent and each Lender
consent to the terms and conditions of the Master Guaranty and Intercreditor
Agreement.

2.15                        Several
Obligations.  Notwithstanding
anything to the contrary in Sections 2 and 3, the
obligations of each Borrower (except the Company in its capacity as a Guarantor
for the Subsidiary Borrowers under the Master Guaranty and Intercreditor
Agreement) under this Agreement are several and not joint.

SECTION
3.  THE
LETTERS OF CREDIT

3.01                        The Letter of
Credit Subfacility.

(a)                                  On the terms and conditions set forth
herein (i) each Issuing Lender agrees, (A) from time to time on any
Business Day during the period from the Amendment Effective Date to the
Termination Date to Issue Letters of Credit under the Commitments denominated
in Dollars or an Offshore Currency for the account of each Permitted Letter of Credit
Account Party and to amend or renew Letters of Credit previously issued by it,
and (B) to honor drafts under the Letters of Credit; and (ii) the
Lenders severally agree to participate in Letters of Credit Issued for the
account of one or more of the Permitted Letter of Credit Account Parties; provided,
however, that an Issuing Lender shall not be obligated to Issue, and no
Lender shall be obligated to participate in, any Letter of Credit if to do so
would violate Section 2.01(a); and provided, further,
that with respect to a request for a Letter of Credit denominated in an
Offshore Currency, the Issuing Lender shall not be obligated to Issue or amend
such a Letter of

 43
 

Credit if and so long as the Issuing Lender determines
that it cannot pay under a Letter of Credit denominated in such Offshore
Currency.  Within the foregoing limits,
and subject to the other terms and conditions hereof, the ability of each
Borrower or other Permitted Letter of Credit Account Party to obtain Letters of
Credit shall be fully revolving, and, accordingly, each Permitted Letter of
Credit Account Party may, during the foregoing period, obtain Letters of Credit
to replace Letters of Credit which have expired or which have been drawn upon
and reimbursed.

(b)                                  The parties hereto acknowledge and agree
that as of the Amendment Effective Date, the letters of credit identified on Schedule
3.01(b) (collectively, the “Existing Letters of Credit”) are
outstanding under the Existing Credit Agreement and that such Existing Letters
of Credit shall be deemed to be outstanding under this Agreement and to
constitute Letters of Credit for all purposes hereunder.

(c)                                  No Issuing Lender shall be under any
obligation to Issue any Letter of Credit if:

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

(ii)                                  such Issuing Lender has received written
notice from any Lender, the Administrative Agent or a Borrower, on or prior to
the Business Day prior to the requested date of Issuance of such Letter of
Credit, that one or more of the applicable conditions contained in Section 5.02
is not then satisfied;

(iii)                               the expiry date of any requested
Financial Letter of Credit is after the Applicable L/C Termination Date;

(iv)                              the expiry date of any requested
Performance Letter of Credit is after the Termination Date, unless such expiry
date is approved by all of the Lenders; or

(v)                                 any requested Letter of Credit is not in
form and substance acceptable to such Issuing Lender, or the Issuance of a
Letter of Credit shall violate any applicable policies of such Issuing Lender.

(d)                                  If all of the Lenders agree to permit any
Performance Letter of Credit to remain outstanding after the Termination Date,
the Borrowers shall, not later than the

 44
 

Termination Date, secure the reimbursement obligations
for such Letter of Credit (in the form of cash collateral, a back-to-back
letter of credit or other liquid assets in a form reasonably satisfactory to
the Issuing Lender).  To the extent cash
is deposited with an Issuing Lender to secure such reimbursement obligations,
it shall be held by the Issuing Lender in an interest bearing cash collateral
account as collateral hereunder, and the Borrowers hereby grant a security
interest in such account to the Issuing Lender and the Administrative Agent for
and on behalf of the Lenders.  If,
notwithstanding the Borrowers’ provision of such cash collateral, the Issuing
Lender shall have any liability with respect to any such Letter of Credit that
is outstanding after the Termination Date, each Lender agrees that it will,
upon the written request of the Issuing Lender, forward to the Issuing Lender
an amount (the “risk participation amount”) equal to such Lender’s Pro Rata
Share of such liability, based on its participation in such Letter of Credit as
of the Termination Date in accordance with Section 3.03(a).  Each such risk participation amount shall
bear interest as if it were a Base Rate Loan hereunder and shall be payable in
full within two (2) Business Days after the Issuing Lender’s demand
therefor.  The covenants in this
paragraph shall survive the termination of this Agreement, the expiration of
the Letters of Credit, and the payment of the Notes and all other amounts
payable hereunder.

3.02                        Issuances and
Amendments of Letters of Credit.

(a)                                  Any Permitted Letter of Credit Account
Party may irrevocably request a Letter of Credit be Issued or otherwise amended
on any Business Day by delivering a Request for Extension of Credit therefor by
Requisite Notice to the Issuing Lender (with a copy to the Administrative Agent
if Bank of America is not the Issuing Lender) not later than the Requisite Time
therefor.  If the Company has designated
another Lender (with the consent of such Lender and the Administrative Agent,
such consent not to be unreasonably withheld or delayed) to be the Issuing
Lender for that particular Letter of Credit, it shall promptly notify the Administrative
Agent who shall then notify the Borrowers. 
Each such Request for Extension of Credit shall specify in form and
detail satisfactory to the applicable Issuing Lender:  (i) whether the Letter of Credit is a
Commercial Letter of Credit, a Financial Letter of Credit, or a Performance
Letter of Credit; (ii) the proposed date of Issuance of the Letter of
Credit (which shall be a Business Day); (iii) the amount of the Letter of
Credit; (iv) the expiry date of the Letter of Credit, which shall conform to
the definition of Applicable L/C Termination Date; (v) the name and
address of the beneficiary thereof; (vi) the documents to be presented by
the beneficiary of the Letter of Credit in case of any drawing thereunder;
(vii) the full text of any certificate to be presented by the beneficiary
in case of any drawing thereunder; (viii) the currency of the Letter of
Credit if other than Dollars; and (ix) such other matters as such Issuing
Lender may require.

(b)                                  Not later than 10:00 a.m. (Pacific
time) at least one Business Day prior to the Issuance of any Letter of Credit,
the applicable Issuing Lender will notify the Administrative Agent (by
Requisite Notice) that such Issuing Lender has received a copy of the L/C
Application.  Unless the Administrative
Agent has notified such Issuing Lender by 3:00 p.m. (Pacific time) on such
Business Day that (A) such Issuing Lender is not to Issue such Letter of
Credit because such Issuance or amendment is not then permitted under Section 3.01
or (B) one or more conditions specified in Section 5.02 are
not then satisfied, then, subject to the terms and conditions hereof, such
Issuing Lender shall, on the requested date, Issue the Letter of Credit for the
account of the applicable Permitted Letter of Credit Account Party in accordance
with such

 45
 

Issuing Lender’s usual and customary business
practices; provided, however, that, unless the Issuing Lender
otherwise determines in each instance in its sole discretion, the conditions
specified in Section 5.02 need not be satisfied with respect to an
amendment that does not otherwise constitute an Issuance.  All Issuances are subject to acceptance
thereof by the beneficiary of such Letter of Credit.

(c)                                  Each Issuing Lender may, at its election
(or as required by the Administrative Agent at the direction of the Majority
Lenders), deliver any notices of termination or other communications to any
Letter of Credit beneficiary or transferee, and take any other action as
necessary or appropriate, at any time and from time to time, in order to cause
the expiry date of such Letter of Credit to be a date not later than the
Applicable L/C Termination Date.

(d)                                  This Agreement shall control in the event
of any conflict with any Issuer Document (other than any Letter of Credit).

(e)                                  Each Issuing Lender will also deliver to
the Administrative Agent, concurrently or promptly following its Issuance of a
Letter of Credit a true and complete copy thereof.

(f)                                    Each Issuing Lender will also provide the
Administrative Agent prompt notice of (i) any reduction in the amount of
any Letter of Credit Issued by that Issuing Lender, (ii) the cancellation
of any Letter of Credit Issued by that Issuing Lender, or (iii) the
expiration of any Letter of Credit Issued by that Issuing Lender.

3.03                        Risk
Participations, Drawings and Reimbursements.

(a)                                  Immediately upon the Issuance of each
Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and
unconditionally agrees to, purchase from each Issuing Lender a participation in
such Letter of Credit and each drawing thereunder in an amount equal to the
product of (i) the Pro Rata Share of such Lender, times (ii) the
maximum amount available to be drawn under such Letter of Credit and the amount
of such drawing, respectively.  For
purposes of Section 2.01(a), each Issuance of a Letter of Credit
shall be deemed to utilize the Commitment of each Lender by an amount equal to
the amount of such participation.

(b)                                  Upon any drawing under a Letter of
Credit, the Issuing Lender thereof will promptly notify the Borrowers and the
Administrative Agent.  The Borrowers
shall reimburse such Issuing Lender not later than the Requisite Time therefor,
on each date that any amount is paid by such Issuing Lender under any Letter of
Credit (each such date, an “Honor Date”), in an amount equal to the
amount so paid by such Issuing Lender. 
With respect to Letters of Credit denominated in Offshore Currencies,
the Borrowers may reimburse the Issuing Lender in the currency thereof or the
Dollar Equivalent thereof.  In the event
the Borrowers shall fail to reimburse any Issuing Lender for the full amount of
any drawing under any Letter of Credit by the Requisite Time therefor on any
Honor Date occurring prior to the Termination Date, such Issuing Lender will
promptly notify the Administrative Agent by Requisite Notice of such
unreimbursed drawing, and the Administrative Agent will promptly notify each
Lender thereof by Requisite Notice.

 46
 

(c)                                  Upon receipt of any notice pursuant to Section 3.03(b),
each Lender shall make available to the Administrative Agent for the account of
the applicable Issuing Lender by the Requisite Time therefor an amount in
Dollars and in immediately available funds equal to its Pro Rata Share of the
Dollar Equivalent amount of the unreimbursed drawing.  The Administrative Agent shall remit the
funds so received to the Issuing Lender. 
If the conditions precedent set forth in Section 5.02 can be
satisfied (but for the giving of notice by the Borrowers and without regard to
the Minimum Amount), the Borrowers shall be deemed to have requested a
Borrowing of Base Rate Loans in that amount, and each Lender’s funding shall be
deemed to be a Base Rate Loan to the Borrowers.

(d)                                  If the conditions precedent set forth in Section 5.02
cannot be satisfied in respect of a notice pursuant to Section 3.03(b),
the Borrowers shall be deemed to have incurred from the Issuing Lender Issuing
such Letter of Credit an L/C Borrowing in the Dollar Equivalent amount of such
drawing, which L/C Borrowing shall be due and payable within 10 Business Days
after demand (together with interest) and shall bear interest at a rate per
annum equal to the Base Rate plus the Applicable Margin based on Pricing
Level 5 plus 2% per annum, and each Lender’s payment to such Issuing
Lender pursuant to Section 3.03(c) 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 3.03.

(e)                                  Each Lender’s obligation in accordance
with this Agreement to make the Loans or L/C Advances, as contemplated by this Section 3.03,
as a result of a drawing under a Letter of Credit shall be absolute and
unconditional and without recourse to any Issuing Lender and shall not be
affected by any circumstance, including (i) any set-off, counterclaim,
recoupment, defense or other right which such Lender may have against such
Issuing Lender, any of the Borrowers or any other Person for any reason
whatsoever; (ii) the occurrence or continuance of a Default, an Event of
Default or a Material Adverse Effect; or (iii) any other circumstance,
happening or event whatsoever, whether or not similar to any of the foregoing.
If any Lender so notified shall fail to make available to the Administrative
Agent for the account of any Issuing Lender the amount of such Lender’s Pro
Rata Share of the amount of the drawing by no later than the Requisite Time
therefor on the Honor Date, then interest shall accrue on such Lender’s
obligation to make such payment, from the Honor Date to the date such Lender
makes such payment, at a rate per annum equal to (i) the Overnight Rate in
effect from time to time during the period commencing on the Honor Date and
ending on the date three Business Days thereafter, and (ii) thereafter at
the Base Rate as in effect from time to time.

3.04                        Repayment of
Participations.

(a)                                  Upon (and only upon) receipt by the
Administrative Agent for the account of any Issuing Lender of funds from a
Borrower (i) in reimbursement of any payment made by such Issuing Lender
under a Letter of Credit with respect to which any Lender has paid the
Administrative Agent for the account of such Issuing Lender for such Lender’s
participation in such Letter of Credit pursuant to Section 3.03, or
(ii) in payment of interest thereon, the Administrative Agent will pay to
each Lender, in the same funds as those received by the Administrative Agent
for the account of such Issuing Lender, the amount of such Lender’s Pro Rata
Share of such funds, and such Issuing Lender shall receive the amount of the
Pro Rata

 47
 

Share of such funds of any Lender that did not so pay
the Administrative Agent for the account of such Issuing Lender.

(b)                                  If the Administrative Agent or any
Issuing Lender is required at any time to return to any Borrower, or to a
trustee, receiver, liquidator, custodian, or any official in any Insolvency
Proceeding, any portion of the payments made by any Borrower to the
Administrative Agent for the account of such Issuing Lender pursuant to Section 3.04(a)
in reimbursement of a payment made under the Letter of Credit or interest or
fees thereon, each Lender shall, on demand of the Administrative Agent
forthwith return to the Administrative Agent or such Issuing Lender the amount
of its Pro Rata Share of any amounts so returned by the Administrative Agent or
such Issuing Lender, plus interest thereon from the date such demand is made to
the date such amounts are returned by such Lender to the Administrative Agent
or such Issuing Lender, at a rate per annum equal to the Overnight Rate in
effect from time to time.

3.05                        Special
Provisions Relating to Auto-Extension Letters of Credit.  If a Borrower so requests in any applicable
L/C Application, the Issuing Lender may, in its sole and absolute discretion,
agree to issue a Letter of Credit that has automatic extension provisions
(each, an “Auto-Extension Letter of Credit”); provided that any
such Auto-Extension Letter of Credit must permit the Issuing Lender to prevent
any such extension at least once in each twelve-month period (commencing with
the date of issuance of such Letter of Credit) by giving prior notice to the
beneficiary thereof not later than a day (the “Nonextension 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 Issuing Lender, a Borrower shall not be required to
make a specific request to the Issuing Lender for any such extension.  Once an Auto-Extension Letter of Credit has
been issued, the Lenders shall be deemed to have authorized (but may not
require) the Issuing Lender to permit the extension of such Letter of Credit at
any time to a date not later than the Applicable L/C Termination Date; provided,
however, that the Issuing Lender shall not permit any such extension if
(A) the Issuing Lender would have no obligation at such time to issue such
Letter of Credit in its renewed form under the terms hereof, or (B) it has
received notice (which may be by telephone or in writing) on or before the day
that is 4 Business Days before the Nonextension Notice Date (1) from the
Administrative Agent that the Majority Lenders have elected not to permit such
extension, or (2) from the Administrative Agent, any Lender or a Borrower
that one or more of the applicable conditions specified in Section 5.02
is not then satisfied.  Notwithstanding
anything to the contrary contained herein, the Issuing Lender shall have no
obligation to permit the extension of any Auto-Extension Letter of Credit at
any time.

3.06                        Role of Issuing
Lender.

(a)                                  Each Lender and each Borrower agree that,
in paying any drawing under a Letter of Credit, no Issuing Lender shall have
any responsibility to obtain any document (other than any sight draft and
certificates 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.

(b)                                  No Administrative Agent-Related Person
nor any of the respective correspondents, participants or assignees of any Issuing
Lender shall be liable to any Lender for:

 48
 

(i) any action taken or omitted in connection
herewith at the request or with the approval of the Lenders (including the
Majority 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 Issuer Document.

(c)                                  Each Borrower hereby assumes all risks of
the acts or omissions of any beneficiary or transferee with respect to its use
of any Letter of Credit; provided, however, that this assumption
is not intended to, and shall not, preclude a Borrower’s pursuing such rights
and remedies as it may have against the beneficiary or transferee at law or
under any other agreement.  No Administrative
Agent-Related Person, nor any of the respective correspondents, participants or
assignees of any Issuing Lender, shall be liable or responsible for any of the
matters described in clauses (a) through (g) of Section 3.07; provided,
however, anything in such clauses to the contrary notwithstanding, that
a Borrower may have a claim against an Issuing Lender, and such Issuing Lender
may be liable to such Borrower, to the extent, but only to the extent, of any
direct, as opposed to consequential or exemplary, damages suffered by such
Borrower which such Borrower proves were caused by such Issuing Lender’s
willful misconduct or gross negligence, or such Issuing Lender’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:  (i) such Issuing Lender 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 (ii) such Issuing Lender 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 lights or benefits thereunder or
proceeds thereof, in whole or in part, which may prove to be invalid or
ineffective for any reason.

3.07                        Obligations
Absolute. The obligations of each Borrower under this Agreement and any
Issuer Document to reimburse any Issuing Lender for a drawing under a Letter of
Credit, and to repay any L/C Borrowing and any drawing under a Letter of Credit
converted into Loans, shall be unconditional and irrevocable, and shall be paid
strictly in accordance with the terms of this Agreement and each such other
Issuer Document under all circumstances, including the following:

(a)                                  any lack of validity or enforceability of
this Agreement or any Issuer Document;

(b)                                  any change in the time, manner or place
of payment of, or in any other term of, all or any of the obligations of a
Borrower in respect of any Letter of Credit or any other amendment or waiver of
or any consent to departure from all or any of the Issuer Documents;

(c)                                  the existence of any claim, set-off,
defense or other right that a Borrower may have at any time against any
beneficiary or any transferee of any Letter of Credit (or any Person for whom
any such beneficiary or any such transferee may be acting), any Issuing Lender
or any other Person, whether in connection with this Agreement, the
transactions contemplated hereby or by the Issuer Documents or any unrelated
transaction;

 49
 

(d)                                  any draft, demand, certificate or other
document presented under any Letter of Credit proving to be forged, fraudulent,
invalid or insufficient in any respect or any statement therein being untrue or
inaccurate 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 any Letter of Credit;

(e)                                  any payment by any Issuing Lender under
any Letter of Credit against presentation of a draft or certificate that does
not strictly comply with the terms of any Letter of Credit, provided
that any reimbursement by a Borrower of any such payment by an Issuing Lender
shall be without prejudice to any claim such Borrower may have against such
Issuing Lender for the payment of such Letter of Credit; or any payment made by
any Issuing Lender under any 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 any Letter of Credit, including any arising in
connection with any Insolvency Proceeding;

(f)                                    any exchange, release or non-perfection
of any collateral, or any release or amendment or waiver of or consent to
departure from any other guarantee, for all or any of the obligations of each
Borrower in respect of any Letter of Credit; or

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

The Company 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 Company’s instructions or other
irregularity, the Company will immediately notify the Issuing Lender.  The Company shall be conclusively deemed to
have waived any such claim against the Issuing Lender and its correspondents
unless such notice is given as aforesaid.

3.08                        Cash
Collateral Pledge.  Upon (i) the
request of the Administrative Agent on behalf of the Lenders, (A) if any
Issuing Lender has honored any full or partial drawing request on any Letter of
Credit and such drawing has resulted in an L/C Borrowing hereunder, or
(B) if, as of the Termination Date, any Letters of Credit may for any
reason remain outstanding and partially or wholly undrawn, or (ii) the
occurrence of the circumstances described in Section 2.06, the
Borrowers shall Cash Collateralize the obligations for such Letter of Credit in
a form reasonably satisfactory to the Administrative Agent and the Issuing
Lender.

3.09                        Letter of
Credit Fees

(a)                                  With respect to each Commercial Letter of
Credit, Borrowers shall pay to the Administrative Agent on each Quarterly
Payment Date in arrears, for the account of each Lender in accordance with its
Pro Rata Share, a Letter of Credit fee equal to 1/8 of 1% per annum times
the actual daily amount available to be drawn under such Letter of Credit since
the later of the Amendment Effective Date or the previous Quarterly Payment
Date.

 50
 

(b)                                  With respect to each Financial Letter of
Credit and Performance Letter of Credit, the Borrowers shall pay to the
Administrative Agent on each Quarterly Payment Date in arrears, for the account
of each Lender in accordance with its Pro Rata Share, a Letter of Credit fee
equal to the applicable fee set forth in the definition of Applicable Margin times
the actual daily amount available to be drawn under each Letter of Credit since
the later of the Amendment Effective Date or the previous Quarterly Payment
Date.  If there is any change in the
Applicable Margin during any quarter, the actual daily amount shall be computed
and multiplied by the Applicable Margin separately for each period during such
quarter that such Applicable Margin was in effect. In no event shall the
minimum fee for any single Letter of Credit be less than $350 per quarter for
all the Lenders.

(c)                                  The Borrowers shall pay directly to the
Issuing Lender for its sole account a fronting fee in an amount (i) with
respect to each Performance Letter of Credit and Financial Letter of Credit,
equal to 1/8 of 1% per annum on the daily amount available to be drawn under
such Letter of Credit, payable quarterly in arrears on each Quarterly Payment
Date and (ii) with respect to each Commercial Letter of Credit, equal to 1/8 of
1% of the actual daily amount thereof, payable upon the issuance thereof.

(d)                                  For the purpose of the 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 1.05.

(e)                                  Each Borrower shall pay to each Issuing
Lender from time to time on demand the normal issuance, presentation, amendment
and other processing fees, and other standard costs and charges, of such
Issuing Lender relating to the letters of credit as from time to time in
effect.

(f)                                    All fees with respect to a Letter of
Credit denominated in a foreign currency shall be payable in Dollars based on
the Dollar Equivalent thereof.

(g)                                 Notwithstanding anything to the contrary
contained herein, upon the request of the Majority Lenders, while any Event of
Default exists, all Letter of Credit fees shall accrue at the rate set forth in
Section 3.03(d).

3.10                        Uniform
Customs and Practice.  Unless
otherwise expressly agreed by the Issuing Lender and the Borrowers when a
Letter of Credit is issued, (i) performance under Letters of Credit by the
Issuing Lender, its correspondents, and beneficiaries will be governed by the
rules of the “International Standby Practices 1998” (“ISP98”) or such
later revision as may be published by the International Chamber of Commerce
(the “ICC”), and (ii) with respect to Commercial Letters of Credit,
the rules of the Uniform Customs and Practice for Documentary Credits (the “UCP”),
as published in its most recent version by the ICC on the date any Commercial
Letter of Credit is issued, and including the ICC decision published by the
Commission on Banking Technique and Practice on April 6, 1998 regarding
the European single currency (euro).

3.11                        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.

 51
 

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

SECTION
4.  TAXES,
YIELD PROTECTION AND ILLEGALITY

4.01                        Taxes.

(a)                                  Subject to Section 4.01(g),
any and all payments by the Borrowers to each Lender or the Administrative
Agent under this Agreement shall be made free and clear of, and without
deduction or withholding for, any and all present or future Taxes, excluding,
in the case of each Lender and the Administrative Agent, (i) such Taxes
(including income taxes or franchise taxes) as are imposed on or measured by
each Lender’s net income or net profits by any Governmental Authority in any
jurisdiction under the laws of which such Lender or the Administrative Agent,
as the case may be, is organized, has its principal office or maintains a
Lending Office or by any such Governmental Authority as a result of a present
or former connection between such Lender or the Administrative Agent, as the
case may be, and such jurisdiction, (ii) any branch profits tax imposed by
the United States or any similar tax imposed by any other Governmental
Authority in any jurisdiction in which such Lender or the Administrative Agent,
as the case may be, is located, (iii) any Taxes which would not have been
imposed but for the failure or unreasonable delay by such Lender or the
Administrative Agent, as the case may be, to complete, provide or file and
update or renew any application, form, certificate, document or other evidence
required from time to time, properly completed and duly executed, to qualify
for any applicable exemption from or reduction of Taxes, and (iv) any
Taxes imposed solely as a result of gross negligence or willful misconduct on
the part of such Lender or the Administrative Agent, as the case may be) (all
such non-excluded taxes, levies, imposts, deductions, charges, withholdings and
liabilities being hereinafter referred to as “Lender Taxes”).

(b)                                  In addition, for the avoidance of doubt,
the Borrowers shall pay any present or future stamp or documentary taxes or any
other excise or property taxes, charges or similar levies which arise from any
payment made hereunder or from the execution, delivery or registration of, or
otherwise with respect to, this Agreement or any other Loan Documents
(hereinafter referred to as “Other Taxes”).

(c)                                  Subject to Section 4.01(g),
the Borrowers shall indemnify and hold harmless each Lender and the
Administrative Agent for the full amount of the Lender Taxes or Other Taxes
(including any Lender Taxes or Other Taxes imposed by any jurisdiction on
amounts payable under this Section 4.01 paid by the Lender or the
Administrative Agent and any liability (including penalties, interest,
additions to tax and expenses) arising therefrom or with respect thereto,
whether or not such Lender Taxes or Other Taxes were correctly or legally
asserted.  Payment under this
indemnification shall be made within 10 Business Days after the date the Lender
or the Administrative Agent makes written demand therefor.

 52
 

(d)                                  If a Borrower shall be required by law to
deduct or withhold any Lender Taxes or Other Taxes from or in respect of any
sum payable hereunder to any Lender or the Administrative Agent, then, subject
to Section 4.01(g): 
(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 4.01) such Lender or the
Administrative Agent, as the case may be, receives an amount equal to the sum
it would have received had no such deductions been made; (ii) such
Borrower shall make such deductions, and (iii) such Borrower shall pay the
full amount deducted to the relevant taxation authority or other authority in
accordance with applicable law.

(e)                                  Within 30 days after the date of any
payment by a Borrower of the Lender Taxes or Other Taxes, each Borrower shall
furnish to the Administrative Agent the original or a certified copy of a
receipt evidencing payment thereof, or other evidence of payment satisfactory
to the Administrative Agent.

(f)                                    Each Lender which is a Person other than
a United States person for United States Federal income tax purposes (a “foreign
Person”) agrees that:  (i) it shall,
no later than the Amendment Effective Date (or, in the case of a Lender which
becomes a party hereto pursuant to Section 11.08 after the
Amendment Effective Date, the date upon which the Lender becomes a party
hereto) deliver to the Company through the Administrative Agent two accurate
and complete signed originals of Internal Revenue Service Form W-8BEN or any
successor thereto (“Form W-8BEN”), or two accurate and complete
signed originals of Internal Revenue Service Form W-8ECI or any successor
thereto (“Form W-8ECI”), as appropriate, and any other relevant
certification or documentation, in each case establishing to the reasonable
satisfaction of the Company and the Administrative Agent  that
the Lender is on the date of delivery thereof entitled to receive payments of
principal, interest and fees under this Agreement free from withholding of
United States Federal income tax; (ii) if at any time the Lender makes any
changes necessitating a new Form W-8BEN or Form W-8ECI, it shall with
reasonable promptness deliver to the Company through the Administrative Agent
in replacement for, or in addition to, the forms previously delivered by it
hereunder, two accurate and complete signed originals of Form W-8BEN; or two
accurate and complete signed originals of Form W-8ECI, as appropriate,
and any other relevant certification or documentation, in each case
establishing to the reasonable satisfaction of the Company and the
Administrative Agent that the Lender is on the date of delivery thereof
entitled to receive payments of principal, interest and fees under this
Agreement free from withholding of United States Federal income tax;
(iii) it shall, before or promptly after the occurrence of any event
(including the passing of time but excluding any event mentioned in (ii) above)
requiring a change in or renewal of the most recent Form W-8BEN or Form W-8ECI
(and related certifications or documentation) previously delivered by such
Lender and deliver to the Company through the Administrative Agent two accurate
and complete original signed copies of Form W-8BEN or Form W-8ECI (and related
certifications or documentation) in replacement for the forms previously
delivered by the Lender; and (iv) it shall, promptly upon the Company’s or
the Administrative Agent’s reasonable request to that effect, deliver to the
Company or the Administrative Agent (as the case may be) such other forms or
similar documentation as may be required from time to time by any applicable
law, treaty, rule or regulation in order to establish such Lender’s tax status
for withholding purposes.  In addition,
no foreign Person may acquire any participation in any portion of an Obligation

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unless all payments to be made to a Lender on behalf
of such foreign Person would be and are completely, exempt from United States
withholding tax under an applicable statute or tax treaty and, on or prior to
the date of the proposed sale, the Lender selling such participation has
provided to the Company and the Administrative Agent two accurate and complete
signed originals of Internal Revenue Service Form W-8IMY or any successor form
and any other certificate or statement of exemption required under the Code to
establish that such foreign Person’s entitlement to such exemption.

Each
Lender which is a United States person for United States Federal income tax
purposes (a “U.S. Person”) agrees to execute and
deliver to the Company through the Administrative Agent, no later than the Amendment Effective
Date (or, in the case of a Lender which becomes a party hereto pursuant to Section 11.08
after the Amendment Effective Date, the date upon which the Lender becomes a
party hereto) and on or before the date on which such
Lender sells a participation or otherwise ceases to act for its own account
with respect to the applicable portion of any sums paid or payable to such
Lender and before the first scheduled payment date in each subsequent year a
copy of Internal Revenue Service Form W-9 (or any successor or substitute
forms) properly completed and duly executed by such lender, and claiming that
it is organized and existing under the laws of the United States of America or
any State thereof.

(g)                                 The Borrowers will not be required to pay
any additional amounts in respect of United States Federal income tax pursuant
to Section 4.01(d) to any Lender for the account of any Lending
Office of such Lender:  (i) if the
obligation to pay such additional amounts would not have arisen but for a
failure by such Lender to comply with its obligations under Section 4.01(f)
in respect of such Lending Office; (ii) if such Lender shall have
delivered to the Company a Form W-8BEN in respect of such Lending Office
pursuant to Section 4.01(f), and such Lender shall not at any time
be entitled to exemption from deduction or withholding of United States Federal
income tax in respect of payments by the Borrowers hereunder for the account of
such Lending Office for any reason other than a change in United States law or
regulations or in the official interpretation of such law or regulations by any
governmental authority charged with the interpretation or administration
thereof (whether or not having the force of law) after the date of delivery of
such Form W-8BEN; or (iii) if the Lender shall have delivered to the
Company a Form W-8ECI in respect of such Lending Office pursuant to Section 4.01(f),
and such Lender shall not at any time be entitled to exemption from deduction
or withholding of United States Federal income tax in respect of payments by
the Borrowers hereunder for the account of such Lending Office for any reason
other than a change in United States law or regulations or any applicable tax
treaty or regulations or in the official interpretation of any such law, treaty
or regulations by any governmental authority charged with the interpretation or
administration thereof (whether or not having the force of law) after the date
of delivery of such Form W-8ECI.  The
Borrowers will not be required to pay any additional amounts in respect of
United States Federal income tax pursuant to Section 4.0 1(d) to
any Lender for the account of any Participant: 
(a) if the obligation to pay such additional amounts would not have
arisen but for a failure by such Lender to comply with its obligations under Section 4.01(f)
in respect of such Participant; or (b) if such Lender shall have delivered
to the Company a Form W-8IMY in respect of such Participant pursuant to Section 4.01(f),
and such Lender shall not at any time be entitled to exemption from deduction
or withholding of United

 54
 

States Federal income tax in respect of payments by
the Borrowers to such Lender for the account of such Participant for any reason
other than a change in United States law or regulations or in the official
interpretation of such law or regulations by any governmental authority charged
with the interpretation or administration thereof (whether or not having the
force of law) after the date of delivery of such Form W-8IMY.

(h)                                 If a Borrower is required to pay
additional amounts to any Lender or the Administrative Agent pursuant to Section 4.01(d),
then such Lender shall use its reasonable best efforts (consistent with legal
and regulatory restrictions) to change the jurisdiction of its Lending Office
so as to eliminate any such additional payment by a Borrower which may
thereafter accrue if such change in the judgment of such Lender is not
otherwise disadvantageous to such Lender.

(i)                                    If any Borrower determines in good faith
that a reasonable basis exists for contesting a Lender Tax or Other Tax with
respect to which additional amounts have been paid pursuant to this
Section 4.01, the relevant Lender or Administrative Agent, as applicable,
shall cooperate with such Borrower (but shall have no obligation to disclose
any confidential information, unless arrangements satisfactory to the relevant
Lender have been made to preserve the confidential nature of such information)
in challenging such Lender Tax at such Borrower’s expense if requested by such
Borrower (it being understood and agreed that none of Administrative Agent or
any Lender shall have any obligation to contest, or any responsibility for
contesting, any Tax).  If a Lender shall
become aware that it is entitled to receive a refund (whether by way of a
direct payment or by offset) in respect of a Lender Tax or Other Tax with
respect to which additional amounts have been paid pursuant to this
Section 4.01, it shall promptly notify such Borrower of the availability
of such refund (unless it was made aware of such refund by a Borrower) and
shall, within 30 days after the receipt of a request from such Borrower, apply
for such refund at such Borrower’s sole expense.  If any Lender or Administrative Agent, as
applicable, receives a refund (whether by way of a direct payment or by offset)
of any Lender Tax or Other Tax with respect to which additional amounts have
been paid pursuant to this Section 4.01 and which, in the reasonable good
faith judgment of such Lender or Administrative Agent, as the case may be, is
allocable to such payment, the amount of such refund (together with any
interest received thereon) shall be paid to such Borrower to the extent payment
of such Lender Tax or Other Tax has been made in full as and when required
pursuant to this Section 4.01.

4.02                        Increased Costs
and Reduction of Return.

(a)                                  If any Lender or any Issuing Lender shall
determine that, due to either (i) the introduction of or any change (other
than any change by way of imposition of or increase in reserve requirements
contemplated by subsection (c) below) in or in the interpretation of any
law or regulation or (ii) the compliance with any guideline or request
arising after the date hereof from any central bank or other Governmental
Authority (whether or not having the force of law), there shall be any increase
in the cost to such Lender of agreeing to make or making, funding or
maintaining any Offshore Rate Loans or participating in any L/C Obligations, or
any increase in the cost to such Issuing Lender of agreeing to issue, issuing
or maintaining any Letter of Credit or of agreeing to issue, issuing or
maintaining any Letter of Credit or of agreeing to make or 

 55
 

making, funding or maintaining any unpaid drawing
under any Letter of Credit, then the Borrowers shall be liable for, and shall
from time to time, within 10 Business Days after demand therefor by such Lender
or such Issuing Lender, as the case may be (with a copy of such demand to the
Administrative Agent), pay to the Administrative Agent for the account of such
Lender or such Issuing Lender, additional amounts as are sufficient to
compensate such Lender or such Issuing Lender for such increased costs.

(b)                                  If any Lender or any Issuing Lender shall
have determined that (i) the introduction of any Capital Adequacy
Regulation, (ii) any change in any Capital Adequacy Regulation,
(iii) any change in the interpretation or administration of any Capital
Adequacy Regulation by any central bank or other Governmental Authority charged
with the interpretation or administration thereof, or (iv) compliance by
the Lender (or its Lending Office) or such Issuing Lender, as the case may be,
or any corporation controlling the Lender or such Issuing Lender, as the case
may be, with any Capital Adequacy Regulation; affects or would affect the
amount of capital required or expected to be maintained by the Lender or such
Issuing Lender or any corporation controlling the Lender or such Issuing Lender
and (taking into consideration such Lender’s, such Issuing Lender’s or such
corporation’s policies with respect to capital adequacy and such Lender’s, such
Issuing Lender’s or corporation’s desired return on capital) determines that
the amount of such capital is increased as a consequence of its Commitments,
loans, credits, participations in Letters of Credit, or obligations under this
Agreement, then, upon demand of such Lender (with a copy to the Administrative
Agent), the Borrowers shall pay to the Lender or such Issuing Lender, from time
to time, in each case within 10 Business Days after demand by the Lender or
such Issuing Lender, additional amounts sufficient to compensate the Lender or
such Issuing Lender for such increase.

(c)                                  The Borrowers 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 costs on the unpaid
principal amount of each Offshore 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.

4.03                        Illegality.

(a)                                  If any Lender shall determine that the
introduction of any Applicable Laws or any change in any Applicable Law, or in
the interpretation or administration thereof, has made it unlawful, or that any
central bank or other Governmental Authority has asserted that it is unlawful,
for any Lender or its Lending Office to make Offshore Rate Loans, then, on
notice thereof by the Lender to the Company through the Administrative Agent,
the obligation of that Lender to make Offshore Rate Loans shall be suspended
until the Lender shall have notified the Administrative Agent and the Company
that the circumstances giving rise to such determination no longer exist.

(b)                                  If a Lender shall determine that it is
unlawful to maintain any Offshore Rate Loan, each Borrower shall prepay in full
all Offshore Rate Loans of that Lender then outstanding, together with interest
accrued thereon, either on the last day of the Interest Period

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thereof if the Lender may lawfully continue to
maintain such Offshore Rate Loans to such day, or immediately, if the Lender
may not lawfully continue to maintain such Offshore Rate Loans, together with
any amounts required to be paid in connection therewith pursuant to Section 4.05.

4.04                        Inability
to Determine Rates.  If the
Administrative Agent shall have determined that for any reason adequate and
reasonable means do not exist for ascertaining the Offshore Rate for any
requested Interest Period with respect to a proposed Offshore Rate Loan or that
the Offshore Rate applicable to any requested Interest Period with respect to a
proposed Offshore Rate Loan does not adequately and fairly reflect the cost to
such Lender of funding such Loan, the Administrative Agent will forthwith give
notice of such determination to the Company and each Lender.  Thereafter, the obligation of the Lenders to
make or maintain Offshore Rate Loans, as the case may be, hereunder shall be
suspended until the Administrative Agent upon the instruction of the Majority
Lenders revokes such notice in writing. 
Upon receipt of such notice, a Borrower may revoke any Request for
Extension of Credit then submitted to it. 
If a Borrower does not revoke such notice, the Lenders shall make,
Convert or Continue the Loans, as proposed by such Borrower, in the amount
specified in the applicable notice submitted by such Borrower, but such Loans
shall be made, Converted or Continued as Base Rate Loans instead of Offshore
Rate Loans.

4.05                        Funding
Losses.  Each Borrower agrees to
reimburse each Lender and to hold each Lender harmless from any loss or expense
which the Lender may sustain or incur as a consequence of:  (a) the failure of such Borrower to make
any payment of principal of any Offshore Rate Loan (including payments made
after any acceleration thereof); (b) the failure of such Borrower to
Borrow, Continue or Convert a Loan after such Borrower has given (or is deemed
to have given) a Request for Extension of Credit; (c) the failure of such
Borrower to make any prepayment after such Borrower has given a notice in
accordance with Section 2.04, 2.05 or 2.06;
(d) the payment of an Offshore Rate Loan on a day which is not the last
day of the Interest Period, with respect thereto; or (e) the conversion of
any Offshore Rate Loan to a Base Rate Loan on a day that is not the last day of
the respective Interest Period; including any such loss or expense arising from
the liquidation or reemployment of funds obtained by it to maintain its
Offshore Rate Loans hereunder or from fees payable to terminate the deposits
from which such funds were obtained. 
Solely for purposes of calculating amounts payable by a Borrower to the
Lenders under this Section 4.05 and under Section 4.03(a),
each Offshore Rate Loan made by a Lender (and each related reserve, special
deposit or similar requirement) shall be conclusively deemed to have been
funded at the Offshore Base Rate used in determining the Offshore Rate for such
Offshore Rate Loan by a matching deposit or other borrowing in the interbank
offshore market for a comparable amount and for a comparable period, whether or
not such Offshore Rate Loan is in fact so funded.

4.06                        Certificates
of Lenders.  Any Lender claiming
reimbursement or compensation pursuant to this Section 4 shall
deliver to the Company (with a copy to the Administrative Agent) a certificate
setting forth in reasonable detail the amount payable to the Lender hereunder
and such certificate shall be conclusive and binding on the Borrowers in the
absence of manifest error.

 57

4.07                        Substitution
of Lenders.  Upon the receipt by the
Company from any Lender (an “Affected Lender”) of a claim for
compensation under Section 4.01 or 4.02, the Company
may:  (a) request the Affected
Lender to use its best efforts at the Company’s cost to obtain a replacement
bank or financial institution satisfactory to the Company to acquire and assume
all or a ratable part of all of such Affected Lender’s Loans and Commitments (a
“Replacement Lender”); (b) request one more of the other Lenders to
acquire and assume all or part of such Affected Lender’s Loans and Commitments;
or (c) designate a Replacement Lender, provided that:

(i)                                     the Company shall have paid to the
Administrative Agent the assignment fee specified in Section 11.08(a);

(ii)                                  such Lender shall have received payment
of an amount equal to the outstanding principal of its Loans and its
participation in the L/C Obligations, accrued interest thereon, accrued fees
and all other amounts payable to it hereunder and under the other Loan
Documents (including any amounts under Section 4.05);

(iii)                               in the case of any such assignment resulting from a
claim for compensation under Section 4.02 or payments required to be
made pursuant to Section 4.01, the Company reasonably believes that such
assignment will result in a reduction in such compensation or payments
thereafter; and

(iv)                              such assignment does not conflict with
applicable Laws.

Any such designation of a Replacement Lender under
clause (a) or (c) shall be subject to the prior written consent of the Administrative
Agent and each Issuing Lender having any outstanding Letters of Credit (which
consents shall not be unreasonably withheld or delayed).

4.08                        Survival.  The agreements and obligations of the
Borrowers in this Section 4 shall survive the payment of all other
Obligations.

SECTION
5.  CONDITIONS
TO LOANS AND LETTERS OF CREDIT

5.01                        Conditions
Precedent to All Loans and Letters of Credit.

The obligation of each Lender to make any Loans and the obligation of
any Issuing Lender to issue any Letters of Credit shall be subject to
satisfaction or written waiver by the Administrative Agent of all of the
following conditions precedent on the Amendment Effective Date:

(a)                                  Delivery of Certain Documents. 
The Administrative Agent shall have received all of the following, each
of which shall be in form and substance satisfactory to the Administrative
Agent and each Lender and, except for any Notes, in sufficient copies for each
Lender:

(1)                                  This Agreement, duly executed by each
Borrower, all the Lenders, the Issuing Lender and the Administrative Agent;

 58
 

(2)                                  Each Note requested by any Lender,
executed by each Borrower and payable to the order of such Lender;

(3)                                  The Master Guaranty and Intercreditor
Agreement, duly executed by the Company, the Guarantors, the Subsidiary
Borrowers, the Administrative Agent, the Lenders, The Prudential Insurance
Company of America, Pruco Life Insurance Company, U.S. Private Placement Fund
and Bank of America, as the Creditor Agent;

(4)                                  The names and true signatures of the
officers or other authorized persons of each Borrower Party initially
authorized to sign each Loan Document to which it is a party, and the
resolutions of each Borrower Party’s Board of Directors approving and
authorizing the execution, delivery and performance of each Loan Document to
which it is a party, in each case certified by the secretary or assistant
secretary or other authorized person of such Borrower Party or of the Company;

(5)                                  The names and true signatures of the
officers or other authorized person of each Permitted Letter of Credit Account
Party authorized to sign each document required by the Issuing Lenders for the
issuance of Letters of Credit, and the resolutions of each Permitted Letter of
Credit Account Party’s Board of Directors approving and authorizing the
execution, delivery and performance of each Issuer Document to which it is a
party, in each case certified by the secretary or assistant secretary or other
authorized person of such Permitted Letter of Credit Account Party;

(6)                                  Copies of the Company’s certificate of
incorporation certified by the secretary of state of the state of
incorporation, the articles of association of each Subsidiary Borrower
certified by its secretary or assistance secretary, the articles or certificate
of incorporation of each Subsidiary Guarantor certified by the secretary of
state of the state of incorporation or its secretary or assistant secretary,
and the bylaws of each Borrower Party certified by its secretary or assistant
secretary;

(7)                                  A favorable legal opinion dated the
Amendment Effective Date addressed to the Administrative Agent and the Lenders
from counsel to the Company and its Subsidiaries, which may be from in-house
counsel;

(8)                                  A certificate signed by a Responsible
Officer of the Company, dated the Amendment Effective Date, certifying, after
due inquiry and solely in such officer’s capacity as an officer of the Company:

(a)                                  that the representations and warranties
herein contained as to the Company and its Subsidiaries are true and correct in
all material respects, as if made on and as of the Amendment Effective Date;

(b)                                 that no Default or Event of Default has
occurred and is continuing or would result from any Extension of Credit being
made on the Amendment Effective Date;

 59
 

(c)                                  that all conditions precedent set forth
in this Section 5.01 have been satisfied or waived;

(d)                                 that the Company, each Significant
Subsidiary and each Subsidiary Borrower, on a pro forma
basis after giving effect to the extensions of credit hereunder on such date,
will be Solvent.

(9)                                  Such other approvals, opinions, documents
or materials as the Administrative Agent or any Lender may reasonably request.

(b)                                  Financial Information. 
The Arrangers shall have been satisfied with their review of the
following:

(1)                                  The Company’s most recent operating and
financial statements;

(2)                                  A current backlog schedule for the
Company and its Subsidiaries;

(3)                                  The corporate organization and capital
structure of the Company and its Subsidiaries, including all employee stock
ownership, retirement, savings and executive compensation plans of the Company
and its Subsidiaries; and

(4)                                  Financial projections for the term of
this Agreement, including, but not limited to, a balance sheet, income
statement and statement of cash flows for the Company and its Subsidiaries.

(c)                                  Legal, Tax and Regulatory Matters. 
The Arrangers and their counsel shall have been reasonably satisfied
with their review of all legal, tax and regulatory matters relating to the
transactions contemplated under this Agreement.

(d)                                  Fees and Expenses Paid. 
The Company shall have paid to the Administrative Agent all accrued and
unpaid fees, costs and expenses to the extent then due and payable on or before
the Amendment Effective Date, together with Attorney Costs of Bank of America
in connection with the initial closing to the extent invoiced prior to or on
the Amendment Effective Date, together with such additional amounts of Attorney
Costs as shall constitute Bank of America’s reasonable estimate of Attorney
Costs incurred or to be incurred through the closing proceedings, provided that
such estimate shall not thereafter preclude final settling of accounts between
the Company and Bank of America.

(e)                                  Representations and Warranties. 
All of the representations and warranties of the Borrowers contained in Section 6
and in any other Loan Documents and all of the representations and warranties
of the Guarantors in the Master Guaranty and Intercreditor Agreement and in any
other Loan Documents shall be true and correct in all material respects on and
as of the Amendment Effective Date as though made on and as of that date.

(f)                                    Conforming Amendments to Foreign
Subsidiary Credit Agreement.  The Foreign
Subsidiary Credit Agreement shall have been amended in a manner reasonably
satisfactory to the Administrative Agent.

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(g)                                 No Default. 
No Default or Event of Default shall have occurred and be continuing or
would result from the making to a Borrower of any Loans being made or any
Letters of Credit being issued on the Amendment Effective Date.

(h)                                 No Material Adverse Effect. 
No Material Adverse Effect shall have occurred since September 30, 2006.

(i)                                    Applicable Law. 
The financings and other transactions contemplated hereby and the other
Loan Documents shall not contravene in any material respect any Applicable Law
applicable to the Administrative Agent or any Lender.

5.02                        Conditions
Precedent to each Extension of Credit. 
In addition to any applicable conditions precedent set forth elsewhere
in this Section 5 or in Section 2, the obligation of
each Lender to honor any Request for Extension of Credit in respect of a
Borrowing of Loans or an Issuance of a Letter of Credit is subject to the
following conditions precedent:

 

(a)                                  Request for Extension of Credit. 
The Administrative Agent shall have timely received a Request for
Extension of Credit by Requisite Notice by the Requisite Time therefor.

(b)                                  Representations and Warranties. 
In the case of any Borrowing of Loans or Issuance of a Letter of Credit
consisting of the issuance of such Letter of Credit, the extension of the
expiry date of such Letter of Credit, or the increase of the amount of such
Letter of Credit, all of the representations and warranties of the Borrowers
contained in Section 6 and in any other Loan Documents and all of
the representations and warranties of the Guarantors in the Master Guaranty and
Intercreditor Agreement and in any other Loan Documents shall be true and
correct in all material respects on and as of the Funding Date as though made
on and as of that date.

(c)                                  No Prohibition or Adverse
Litigation.  No Applicable Law shall prohibit, and no bona
fide litigation shall be pending or threatened against the Administrative
Agent, any Lender, any Issuing Lender or any Borrower which in the reasonable
judgment of the Administrative Agent is reasonably expected to prevent or make
unlawful, or impose any material adverse condition upon, the Loans, the Letters
of Credit or any other Loan Document, or the Company’s, or any of its
Subsidiaries’ ability to perform their respective obligations hereunder or
thereunder.

(d)                                  Impracticality of Offshore
Currency Loans.  If a Request for Extension of Credit relates
to a Borrowing of Loans or the Issuance of a Letter of Credit in an Offshore
Currency, there shall not have occurred any change in national or international
financial, political or economic conditions or currency exchange rates or
exchange controls that would make it impractical for such Extension of Credit
to be denominated in the relevant currency; provided that in such event,
unless otherwise specified by the Borrowers, such Extension of Credit shall be
made in Dollars.

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Each Borrowing of Loans or Issuance of a Letter of Credit consisting of
the issuance of such Letter of Credit, the extension of the expiry date of such
Letter of Credit, or the increase of the amount of such Letter of Credit shall
constitute a representation and warranty by the Borrowers as of such Borrowing
Date that the conditions contained in Sections 5.02(b) and (c)
have been satisfied.

5.03                        Conditions
for a Subsidiary Becoming a Subsidiary Borrower or Subsidiary Guarantor.  As a condition precedent to a Wholly-Owned
Subsidiary becoming a Subsidiary Borrower, or whenever a Subsidiary of the
Company is required to become a Subsidiary Guarantor pursuant to Section 7.17,
the Company shall, and/or shall cause such Subsidiary to, deliver to the
Administrative Agent each of the following with respect to such Subsidiary, in
form and substance satisfactory to the Administrative Agent:

(a)                                  With respect to each such Subsidiary, the
items referred to in Section 5.01(a)(3) and, to the extent not
previously delivered, the items referred in Section 5.01(a)(4).

(b)                                  With respect to each such Subsidiary, the
opinion of counsel to the Company and such Subsidiary (or such other counsel
designated by the Company and acceptable to the Administrative Agent) as to
(i) such Subsidiary’s obligations under the Loan Documents to which it
will be a party being the legal, valid, binding and enforceable obligation of
such Subsidiary and (ii) the execution, delivery and performance of such
Loan Documents by such Subsidiary (A) being authorized by all necessary
corporate, company or partnership action, as applicable, (B) not violating
any law, decree, judgment or contractual obligation to which such Subsidiary is
a party or by which it or its assets are bound, and (C) not requiring any
government approvals, consents, registrations or filings.

(c)                                  With respect to each Subsidiary Borrower,
a duly executed and completed Instrument of Joinder, whereby such Subsidiary
agrees to be bound by the terms and conditions hereof, together with the
consent of each existing Borrower and the Majority Lenders, which may be given
or withheld by the Majority Lenders in their sole discretion.

(d)                                  With respect to each Subsidiary Borrower,
a duly executed and completed joinder agreement in the form of Exhibit A to the
Master Guaranty and Intercreditor Agreement, whereby such Subsidiary Borrower
agrees to be bound by the terms and conditions of the Master Guaranty and  Intercreditor Agreement as a Guarantied Party
in accordance with the terms thereof.

(e)                                  With respect to each Subsidiary
Guarantor, a duly executed and completed joinder agreement in the form of
Exhibit B to the Master Guaranty and Intercreditor Agreement whereby such
Subsidiary Guarantor agrees to be bound by the terms and conditions of the
Master Guaranty and Intercreditor Agreement as a Guarantor in accordance with
the terms thereof.

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

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SECTION
6.  REPRESENTATIONS
AND WARRANTIES

Each Borrower represents and warrants to the Administrative Agent, the
Lenders and each Issuing Lender as follows:

6.01                        Organization,
Powers and Good Standing.

(a)                                  Organization and Powers. 
The Company, each Subsidiary Borrower and each Wholly-Owned Subsidiary
is duly organized, validly existing and in good standing under the laws of its
jurisdiction of formation and has all requisite corporate power and authority
and the legal right to own and operate its properties and to carry on its
business as heretofore conducted in each case where failure to be so qualified
would have a Material Adverse Effect. 
Each Borrower Party has all requisite corporate power and authority to
enter into this Agreement and the other Loan Documents to which it is a party,
to issue the Notes and to carry out the transactions contemplated hereby and
thereby.  Each Guarantor has all
requisite power and authority to enter into each Loan Document to which it is a
party and to carry out the transactions contemplated thereby.  The Company, each Subsidiary Borrower and
each Wholly-Owned Subsidiary possesses all Governmental Approvals, in full
force and effect, that are necessary for the ownership, maintenance and
operation of its properties and conduct of its business as now conducted and
proposed to be conducted in each case where failure to be so qualified would
have a Material Adverse Effect, and is not in material violation thereof.

(b)                                  Good Standing. 
The Company, each Subsidiary Borrower and each Wholly-Owned Subsidiary
is duly qualified and in good standing as a foreign corporation and authorized
to do business in each state where the nature of its business activities
conducted or properties owned or leased requires it to be so qualified and
where the failure to be so qualified would have a Material Adverse Effect.

(c)                                  Significant Subsidiaries. 
As of the date of this Agreement and as of the Amendment Effective Date,
the Company has no Significant Subsidiaries other than those identified in Schedule 6.01
hereto.  All foreign Subsidiaries that
would otherwise constitute Significant Subsidiaries if they were domestic
Subsidiaries are owned directly or indirectly by one of the Subsidiary
Borrowers.  The accounts of all Subsidiaries
are required to be consolidated with those of the Company in its consolidated
financial statements.

(d)                                  Partnerships and Joint Ventures. 
Except as set forth on Schedule 6.01 hereto, as of the
Amendment Effective Date neither the Company, the Subsidiary Borrowers, nor any
of the Significant Subsidiaries is a general partner or a party to or a limited
partner in any general or limited, partnership or a joint venturer in any Joint
Venture which has Indebtedness of $10,000,000 or more.  Each partnership and Joint Venture listed on Schedule 6.01,
other than partnerships and Joint Ventures whose failure to be so organized,
qualified or authorized could not reasonably be expected to have a Material
Adverse Effect, is duly organized and qualified or authorized to do business in
each jurisdiction where the nature of its business activities conducted or
properties owned or based requires it to be so qualified and where the failure
to be so qualified would have a Material Adverse Effect.

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6.02                        Authorization,
Binding Effect, No Conflict, Etc.

(a)                                  Authorization by Borrower Parties. 
The execution, delivery and performance by each Borrower Party of each
Loan Document to which it is a party has been duly authorized by all necessary
corporate action on the part of each Borrower Party.

(b)                                  Execution and Delivery by
Borrower Parties.  Each Loan Document to which it is a party has
been duly executed and delivered by each Borrower Party.

(c)                                  Binding Obligations of Borrower
Parties.  Each Loan Document to which it is party is
the legal, valid and binding obligation of each Borrower Party, enforceable
against each of them in accordance with its respective terms, except as may be
limited by equitable principles and by bankruptcy, insolvency, reorganization,
moratorium or similar laws relating to creditors’ rights generally.

(d)                                  No Conflict. 
The execution, delivery and performance by each Borrower Party of each
Loan Document to which it is party, and the consummation of the transactions
contemplated hereby and thereby, do not and will not (i) violate any
provision of the charter or bylaws of any Borrower Party, (ii) conflict
with, result in a breach of, or constitute (or, with the giving of notice or
lapse of time or both, would constitute) a default under, or require the approval
or consent of any Person pursuant to, any material contractual obligation of
any Borrower Party or violate any provision of Applicable Law binding on any
Borrower Party, except where such default, breach, conflict or violation would
not individually or in the aggregate have a Material Adverse Effect, or
(iii) result in the creation or imposition of any Lien upon a material
asset of any Borrower Party, except for Liens in favor of the Administrative
Agent, unless the creation or imposition of such Lien would not have a Material
Adverse Effect.

(e)                                  Governmental Approvals. 
No Governmental Approval is or will be required to be obtained by any
Borrower Party in connection with the execution, delivery and performance by
any Borrower Party of each Loan Document to which it is a party or the
transactions contemplated hereby or thereby, except where the failure to obtain
such Governmental Approval would not have a Material Adverse Effect.

6.03                        Financial
Information.

The consolidated balance sheet of the Company and its Subsidiaries at
September 30, 2006 and the consolidated statements of income, retained
earnings and cash flow of the Company and its Subsidiaries for the Fiscal Year
then ended, certified by the Company’s independent certified public
accountants, copies of which have been delivered to the Administrative Agent,
were prepared in accordance with GAAP consistently applied and fairly present
the consolidated financial position of the Company and its Subsidiaries as at
the date thereof and the results of operations and cash flow of the Company and
its Subsidiaries for the period then ended. 
Neither the Company nor any of its Subsidiaries had on such dates any
Contingent Obligations, liabilities for Taxes or long-term leases, forward or
long-term commitments or unrealized losses from any unfavorable commitments
which were not reflected in the foregoing statements or in the notes thereto
and which could not reasonably be expected to have a Material Adverse Effect.

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6.04                        No
Material Adverse Effect.  Since September 30,
2006, there has been no Material Adverse Effect.

6.05                        Litigation.  As of the Amendment Effective Date, except as
set forth in Schedule 6.05 or any other schedule attached hereto,
there are no actions, suits or proceedings pending or, to the knowledge of the
Company, threatened against or affecting the Company or any Subsidiary or any
of its or their respective properties before any Governmental Authority
(a) in which there is a reasonable possibility of an adverse determination
that would have a Material Adverse Effect, or (b) which draws into
question the validity or the enforceability of this Agreement, any other Loan
Document or any transaction contemplated hereby.

6.06                        No
Defaults; Applicable Law.  Except as
set forth in Schedule 6.06, neither the Company nor any Subsidiary
is in violation of any Applicable Law, or in default under any contractual
obligations to which it is a party or by which its property is bound, except
where such violation or default would not individually or in the aggregate have
a Material Adverse Effect.  No event has
occurred and is continuing that is a Default or an Event of Default.

6.07                        Taxes.  Except to the extent permitted by Section 7.06,
all material tax returns and reports of the Company and its Subsidiaries required
to be filed by any of them have been timely filed, and all material Taxes which
are due and payable have been paid when due and payable, except where the
failure to file such returns or to pay such Taxes could not reasonably be
expected to have a Material Adverse Effect. 
As of the Amendment Effective Date, except as described on Schedule
6.07, the Company knows of no proposed tax assessment against the Company
or any of its Subsidiaries which is not being actively contested by the Company
or such Subsidiary in good faith and by appropriate proceedings; provided that
such reserves or other appropriate provisions, if any, as shall be required in
conformity with GAAP shall have been made or provided therefor.  Neither the Company nor any of its Subsidiaries
is a party to or obligated under any tax sharing or similar agreement other
than the Tax Sharing Agreement.

6.08                        Governmental
Regulation.  Neither the Company nor
any of its Subsidiaries is (i) an “investment company” registered or
required to be registered under the Investment Company Act of 1940, as amended,
or a company controlled by such a company or (ii) subject to regulation
under the Federal Power Act, the Interstate Commerce Act or to any Federal or
state statute or regulation limiting its ability to incur Indebtedness for
money borrowed.

6.09                        Margin
Regulations.  Neither the Company nor
any of its Subsidiaries is engaged principally, or as one of its important
activities, in the business of extending credit for the purposes of purchasing
or carrying Margin Stock.  The execution,
delivery and performance of the Loan Documents by the Company and its
Subsidiaries will not violate the Margin Regulations.

6.10                        Employee
Benefit Plans.

(a)                                  As of the Amendment Effective Date, Schedule 6.10
sets forth a true, correct and complete list of Employee Benefit Plans.

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(b)                                  The Company has delivered to the
Administrative Agent and/or its counsel a true and complete copy of
(i) each Employee Benefit Plan and any related funding agreements (e.g.,
trust agreements or insurance contracts), including all amendments (and Schedule 6.20
includes a description of any such amendment that is not in writing);
(ii) the current draft of the summary plan description and all subsequent
summaries of material modifications of each Employee Benefit Plan;
(iii) the most recent Internal Revenue Service determination letter and/or
opinion letter, if applicable, for each Employee Benefit Plan that is intended
to qualify for favorable income Tax treatment under Section 401(a) of the
Code; (iv) the three (3) most recent Form 5500s (including all applicable
Schedules and the opinions of the independent accountants), if any, that were
filed on behalf of the Employee Benefit Plan; and (v) the
nondiscrimination tests for the three (3) most recent plan years.

(c)                                  All material contributions required to be
made to each Employee Benefit Plan under the terms of that Employee Benefit
Plan, ERISA, the Code, or any other applicable requirement of law have been
timely made.  All other amounts that
should be accrued to date as liabilities of the Company under or with respect
to each Employee Benefit Plan (including administrative expenses and incurred
but not reported claims) for the current plan year of the plan have been
recorded on the books of the Company.  As
of the Amendment Effective Date, there will be no material liability of the
Company with respect to any Employee Benefit Plan that has previously been
terminated that has not been disclosed in the Company’s annual financial
statements for its Fiscal Year ended September 30, 2006.

(d)                                  Each Employee Benefit Plan has been
operated at all times in accordance with its terms in all material respects,
and complies currently, and has complied in the past, both in form and in
operation, in all material respects, with all applicable laws, including ERISA
and the Code, and any Employee Benefit Plan
maintained in a jurisdiction outside the United States or that provides
benefits to individuals outside the United States complies in all material
respects with any applicable law of such jurisdiction.  The IRS has issued a favorable determination
letter with respect to each Employee Benefit Plan that is intended to qualify
under Section 401(a) of the Code or such a determination letter is
pending, and to the best knowledge of the Company, no event has occurred
(either before or after the date of the letter) that would disqualify the plan.

(e)                                  With respect to each Benefit Plan that is
subject to Title IV of ERISA, all required premiums have been paid to the PBGC
on a timely basis, except for such premiums the failure of payment of which
could not reasonably be expected to result in a Material Adverse Effect.

(f)                                    Neither the Company, its Subsidiaries nor
any ERISA Affiliate has incurred any material withdrawal liability (including
any contingent or secondary withdrawal liability) to any Multiemployer Plan,
and no event has occurred, and there exists no condition or set of
circumstances, that presents a material risk of the occurrence of any
withdrawal (partial or otherwise) from, or the partition, termination,
reorganization, or insolvency of any Multiemployer Plan that could result in
any material liability on behalf of the Company, any Subsidiary or any ERISA
Affiliate to a Multiemployer Plan.  All
material contributions required to be made by the Company and its ERISA
Affiliates to any Multiemployer Plan have been timely made.

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(g)                                 No ERISA Event has occurred or is
expected to occur that, when taken together with all other such ERISA Events,
could reasonably be expected to result in a Material Adverse Effect.

(h)                                 There are no investigations, proceedings,
lawsuits or claims pending or threatened relating to any Employee Benefit Plan
which has resulted or could reasonably be expected to result in a Material
Adverse Effect.

(i)                                    To the best knowledge of the Company,
none of the Persons performing services for the Company has been improperly
classified as being independent contractors, leased employees, or as being
exempt from the payment of wages for overtime to an extent that has resulted or
could reasonably be expected to result in a Material Adverse Effect.

(j)                                    None of the Employee Benefit Plans
provide any benefits that (i) become payable or become vested solely as a
result of the consummation of this transaction or (ii) would result in
excess parachute payments (within the meaning of Section 280G of the Code)
solely as a result of the consummation of this transaction.  Furthermore, the consummation of this
transaction will not require the funding (whether formal or informal) of the
benefits under any Employee Benefit Plan (e.g., contributions to a “rabbi trust”).

6.11                        Title to
Property; Liens.  The Company and its
Subsidiaries have good and marketable title to, or valid and subsisting
leasehold interests in, all Real Property necessary or used in the ordinary
conduct of its business, except for such defects in title as could not,
individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect, and good title to or valid and subsisting leasehold interests
in all of their respective other property reflected in their books and records
as being owned by them, and none of such property is subject to any Lien,
except for Permitted Liens.

6.12                        Subsidiaries;
Significant Subsidiaries; Equity Interests. 
As of the Amendment Effective Date, the Company has no Subsidiaries
other than those specifically disclosed on Schedule 6.12, and all
of the outstanding Equity Interest in such Subsidiaries have been validly
issued, are fully paid and nonassessable and are owned by the Persons in the
amounts specified on Schedule 6.12 free and clear of all
Liens.  As of the Amendment Effective
Date, all of the Company’s Significant Subsidiaries are identified on Schedule 6.01.  As of the Amendment Effective Date, the
Company has no equity investments in any other corporation or entity other than
those specifically disclosed on Schedule 6.12.  All of the outstanding Equity Interest in the
Company have been validly issued and are fully paid and nonassessable.

6.13                        Licenses,
Trademarks; Etc.  The Company and its
Subsidiaries own or hold valid licenses in all necessary Trademarks,
copyrights, patents, patent rights, licenses and other similar rights which are
material to the conduct of their respective businesses as heretofore operated,
except where the failure to own or hold such licenses or rights could not
reasonably be expected to have a Material Adverse Effect.  Neither the Company nor any of its
Subsidiaries has been charged or, to the knowledge of the Company, threatened
to be charged with any infringement of, nor has any of them infringed on, any
unexpired Trademark, patent, patent registration, copyright, copyright
registration or other proprietary right of any Person except

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where the effect thereof
individually or in the aggregate would not have a Material Adverse Effect or
except as set forth on Schedule 6.13.

6.14                        Environmental
Condition.  Except as set forth on Schedule
6.14 and except to the extent not giving rise to any Environmental Claim
reasonably expected to result in liability to the Company and its Subsidiaries
in excess of $15,000,000 after giving effect to any insurance proceeds
reasonably expected to be available:

(a)                                  The operations of the Company and each of
its Subsidiaries comply with all Environmental Laws.

(b)                                  The Company and each of its Subsidiaries
have obtained all Governmental Approvals under Environmental Laws necessary to
their respective operations, and all such Governmental Approvals are in good
standing, and the Company and each of its Subsidiaries are in compliance with
all terms and conditions of such Governmental Approvals.

(c)                                  Neither the Company nor any of its
Subsidiaries has received (a) any notice or claim to the effect that it is
or may be liable to any Person as a result of or in connection with any
Hazardous Materials or (b) any letter or request for information under
Section 104 of the Comprehensive Environmental Response, Compensation, and
Liability Act (42 U.S.C. § 9604) or comparable state laws, and, to the
best of the Company’s knowledge, none of the operations of the Company or any
of its Subsidiaries is the subject of any federal or state investigation
relating to or in connection with any Hazardous Materials at any other
location.

(d)                                  None of the operations of the Company or
any of its Subsidiaries is subject to any judicial or administrative proceeding
alleging the violation of or liability under any Environmental Laws.

(e)                                  Neither the Company nor any of its
Subsidiaries nor any of their respective Facilities or operations is subject to
any outstanding written order or agreement with any Governmental Authority or
private party relating to (i) any Environmental Laws or (ii) any
Environmental Claims.

(f)                                    To the knowledge of the Company, neither
the Company nor any of its Subsidiaries has any contingent liability in
connection with any release of any Hazardous Materials by the Company or any of
its Subsidiaries.

(g)                                 Neither the Company nor any of its
Subsidiaries nor, to the knowledge of the Company, any predecessor of the
Company or any of its Subsidiaries has filed any notice under any Environmental
Law indicating past or present treatment or release of Hazardous Materials at
any Facility, and none of the Company’s or any of its Subsidiaries’ operations
involves the generation, transportation, treatment, storage or disposal of
hazardous waste pursuant to 40 C.F.R. Parts 260-270 or any state equivalent at
any Facility.

(h)                                 No Hazardous Materials exist on, under,
or about any Facility.  Neither the
Company nor any of its Subsidiaries has filed any notice or report of a release
of any Hazardous Materials.

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(i)                                    Neither the Company nor any of its
Subsidiaries nor, to the knowledge of the Company, any of their respective
predecessors has disposed of any Hazardous Materials.

(j)                                    To the knowledge of the Company, no
underground storage tanks or surface impoundments are on or at any Facility of
the Company that do not comply with Applicable Law.

(k)                                No Lien in favor of any person relating
to or in connection with any Environmental Claim has been filed or has been
attached to any Facility.

6.15                        Solvency.  After giving effect to the transactions
contemplated by the Loan Documents and the payment of all fees related thereto
and hereto, as of the Amendment Effective Date, the Company, the Subsidiary
Borrowers and the Guarantors on a consolidated basis are Solvent and each of
the Subsidiary Borrowers and each Guarantor individually is Solvent.

6.16                        Absence of
Certain Restrictions.  Except as set
forth in the Foreign Subsidiary Credit Agreement, neither the Company nor any
Subsidiary is subject to any contractual obligation which restricts or limits
the ability of any Subsidiary to (a) pay dividends or make any
distributions on its Capital Stock, (b) pay Indebtedness owed by the
Company or any Subsidiary, (c) make any loans or advances to the Company
or (d) except as provided in contractual obligations respecting the
specific assets subject to Permitted Liens, transfer any of its property to the
Company.

6.17                        Labor
Matters.  There are no material
strikes or other labor disputes or grievances pending or, to the knowledge of
the Company, threatened against the Company or any of its Subsidiaries except
as described on Schedule 6.17 or as otherwise disclosed to the
Administrative Agent in writing.  As of
the Amendment Effective Date, neither the Company nor any of its Subsidiaries
is a party to any collective bargaining agreement except as described on Schedule
6.17.  The Company and its
Subsidiaries have complied in all material respects with the requirements of
the Worker Adjustment and Retraining Notification Act, 29 U.S.C.
Section 2101 et seq. (“WARN”), except
where such failure of compliance could not reasonably be expected to have a
Material Adverse Effect.  No claim under
WARN against the Company or any of its Subsidiaries is pending or, to the
knowledge of the Company, threatened against the Company or any of its
Subsidiaries except where the effect thereof individually or in the aggregate
would not have a Material Adverse Effect.

6.18                        Full
Disclosure.  To the knowledge of the
Company, none of the representations or warranties made by the Company or any
of its Subsidiaries in the Loan Documents as of the date such representations
and warranties are made or deemed made, and none of the statements contained in
each exhibit, report, statement or certificate furnished by or on behalf of the
Company or any of its Subsidiaries in connection with the Loan Documents
(including the offering and disclosure materials delivered by or on behalf of
the Company to the Lenders prior to the Amendment Effective Date), contains any
untrue statement of a material fact or omits any material fact required to be
stated therein or necessary to make the statements made therein, in light of
the circumstances under which they are made, not misleading as of the time when
made or delivered provided that, with respect to projected financial
information, the Company

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represents only that such
information was prepared in good faith based upon assumptions believed to be
reasonable at the time.

6.19                        Tax
Shelter Regulations.  The Borrowers
do not intend to treat the Loans and/or Letters of Credit and related
transactions as being a “reportable transaction” (within the meaning of
Treasury Regulation Section 1.6011­4). 
In the event any Borrower determines to take any action inconsistent
with such intention, it will promptly notify the Administrative Agent
thereof.  If the Borrowers so notify the
Administrative Agent, the Borrowers acknowledge that one or more of the Lenders
may treat its Loans and/or its interest in Letters of Credit as part of a
transaction that is subject to Treasury Regulation Section 301.6112-1, and
such Lender or Lenders, as applicable, will maintain the lists and other
records required by such Treasury Regulation.

SECTION
7.  AFFIRMATIVE
COVENANTS

The Company covenants and agrees that, so long as any portion of the
Commitments shall be in effect and until all Obligations are paid in full, the
Company shall perform each and all of the following:

7.01                        Financial
Statements.  The Company shall
deliver to the Administrative Agent, with sufficient copies for each Lender:

(a)                                  as soon as practicable and in any event
within 90 days after the end of each Fiscal Year of the Company (after
giving effect to one automatic 15-day extension pursuant to Rule 12b-25 of the
Securities Exchange Act of 1934), consolidated balance sheets of the Company
and its Subsidiaries as of the end of such year and the related consolidated
statements of income, stockholders’ equity and cash flow of the Company and its
Subsidiaries for such Fiscal Year, setting forth in each case in comparative
form the consolidated figures for the previous Fiscal Year, all in reasonable
detail and (i) in the case of such consolidated financial statements,
accompanied by a report thereon, unqualified as to scope, accounting principles
and going concern, of independent certified public accountants of recognized
national standing selected by the Company and reasonably satisfactory to the
Administrative Agent (with the understanding that any of the so-called “Big
Four” accounting firms shall be deemed to be acceptable to the Administrative
Agent), which report shall state that such consolidated financial statements
fairly present the financial position of the Company and its Subsidiaries as at
the date indicated and the results of their operations and cash flow for the
periods indicated in conformity with GAAP (except as otherwise stated therein)
and that the examination by such accountants in connection with such
consolidated financial statements has been made in accordance with generally
accepted auditing standards; and

(b)                                  as soon as practicable and in any event
within 45 days after the end of each of the first three Fiscal Quarters of
each Fiscal Year of the Company (after giving effect to one automatic 5-day
extension pursuant to Rule 12b-25 of the Securities Exchange Act of 1934), a
consolidated balance sheet of the Company and its Subsidiaries as at the end of
such Fiscal Quarter and the related consolidated statements of income and cash flow
of the Company and its Subsidiaries for such Fiscal Quarter and the portion of
the Company’s Fiscal Year ended at the end of such Fiscal Quarter, setting
forth in each case in comparative form the consolidated

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figures for the corresponding periods of the prior
Fiscal Year, all in reasonable detail and certified by the Company’s chief
financial officer or controller as fairly presenting the consolidated financial
condition of the Company and its Subsidiaries as at the dates indicated and the
consolidated results of their operations for the periods indicated, subject to
normal year-end adjustments and audit changes.

As
to any information contained in materials furnished pursuant to Section 7.02(f),
the Company shall not be separately required to furnish such information under
subsection (a) or (b) above, but, subject to Section 7.01(c) below,
the foregoing shall not be in derogation of the obligation of the Company to
furnish the information and materials described in subsection (a)
and (b) above at the times specified therein.

(c)                                  The Company may satisfy its financial statement reporting requirements
under Sections 7.01(a) and (b) above if the Company complies with
the financial statement reporting requirements of the SEC, as such requirements
may be amended from time to time, and delivers the materials it files with the
SEC to the Administrative Agent pursuant to Section 7.02(f),
notwithstanding that such SEC reporting requirements may not require the filing
of all of the information required by Section 7.01(a) or (b).

7.02                        Certificates;
Other Information.  The Company shall
furnish to the Administrative Agent, with sufficient copies for each Lender:

(a)                                  together with each delivery of financial
statements of the Company and its Subsidiaries pursuant to Sections 7.01(a)
and (b) above, a Compliance Certificate of the chief financial
officer, treasurer, or controller of the Company (i) stating that such
officer has reviewed the terms of the Loan Documents and has made, or has
caused to be made under his supervision, a review in reasonable detail of the
transactions and condition of the Company and its Subsidiaries during the
accounting period covered by such financial statements and that such review has
not disclosed the existence of any Default or Event of Default during or at the
end of such accounting period and that such officer does not have knowledge of
the existence, as at the date of such certificate, of any Default or Event of
Default, or, if he does have knowledge that a Default or an Event of Default existed
or exists, specifying the nature and period of existence thereof and what
action the Company has taken, is taking, or proposes to take with respect
thereto; and (ii) setting forth the calculations required to establish
whether the Company was in compliance with each of the financial covenants set
forth in Section 8.05 and each of the other provisions of this Agreement
on the date of such financial statements;

(b)                                  [Reserved;]

(c)                                  together with each delivery of financial
statements of the Company and its Subsidiaries pursuant to Sections 7.01(a)
and (b) above, a Compliance Certificate of the chief financial
officer or controller of the Company setting forth the Leverage Ratio, with
reasonable detail as to the calculation thereof;

(d)                                  if reasonably requested by the
Administrative Agent, within 90 days after the end of each Fiscal Year, an
operating budget and projections for the Company and its

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Subsidiaries for the next Fiscal Year, which shall
include a balance sheet, income statement and operating cash flow statement;

(e)                                  together with each delivery of the
quarterly financial statements of the Company and its Subsidiaries pursuant to Sections 7.01(a)
and 7.01(b), a schedule of the backlog of the contracts of the
Company and its Subsidiaries for the subject Fiscal Quarter, in the same form
as then prepared for the internal use of the Company and its Subsidiaries;

(f)                                    promptly upon their becoming available,
copies of all financial statements, reports, notices and proxy statements sent
or made available by the Company to its security holders, all registration
statements (other than the exhibits thereto) and annual, quarterly or monthly
reports, if any, filed by the Company with the SEC and all press releases by
the Company concerning material developments in the business of the Company;
and

(g)                                 promptly after the Borrower has notified
the Administrative Agent of any intention by any Borrower to treat the Loans
and/or Letters of Credit and related transactions as being a “reportable
transaction” (within the meaning of Treasury Regulation Section 1.6011-4),
a duly completed copy of IRS Form 8886 or any successor form.

Reports
required to be delivered pursuant to Sections 7.01(a), 7.01(b)
or 7.02(f) (to the extent any such financial statements, reports or
proxy statements are included in materials otherwise filed with the SEC) may be
delivered electronically and if so, shall be deemed to have been delivered on
the date on which the Company posts such reports, or provides a link thereto,
either: (i) on the Company’s website on the Internet at the website
address listed on Schedule 11.02; (ii) when such report is
posted electronically on IntraLinks/IntraAgency or other relevant website which
each Lender and the Administrative Agent have access to (whether a commercial,
third-party website or whether sponsored by the Administrative Agent), if any,
on the Company’s behalf; or (iii) when such report is filed electronically
with the SEC’s EDGAR system; provided that: (x) the Company shall
deliver paper copies of such reports to the Administrative Agent or any Lender
who requests the Company to deliver such paper copies until written request to
cease delivering paper copies is given by the Administrative Agent or such
Lender; (y) the Company shall notify (which may be by facsimile or
electronic mail) the Administrative Agent and each Lender of the posting of any
such reports and immediately following such notification the Company shall
provide to the Administrative Agent, by electronic mail, electronic versions
(i.e., soft copies) of such reports ; and (z) in every instance the
Company shall provide paper copies of the Compliance Certificates required by
subsections (a) and (c) above to the Administrative Agent. Except for such
Compliance Certificates, the Administrative Agent shall have no obligation to
request the delivery or to maintain copies of the reports referred to above,
and in any event shall have no responsibility to monitor compliance by the
Company with any such request for delivery, and each Lender shall be solely
responsible for requesting delivery to it or maintaining its copies of such
reports.

Each
Borrower hereby acknowledges that (a) the Administrative Agent and/or the
Arrangers will make available to the Lenders and each Issuing Lender materials
and/or information provided by or on behalf of such 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 (each, a “Public Lender”) may have personnel

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who do not wish to receive material non-public
information with respect to any of the Borrowers or their respective
Subsidiaries, or the respective securities of any of the foregoing, and who may
be engaged in investment and other market-related activities with respect to
such Persons’ securities.  Each Borrower
hereby agrees that (w) 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; (x) by marking Borrower Materials “PUBLIC,” the Borrowers
shall be deemed to have authorized the Administrative Agent, the Arranger, each
Issuing Lender and the Lenders to treat such Borrower Materials as not
containing any material non-public information with respect to the Borrowers or
their respective securities for purposes of United States Federal and state
securities laws (provided, however, that to the extent such
Borrower Materials constitute Information, they shall be treated as set forth
in Section 10.07); (y) all Borrower Materials marked “PUBLIC” are
permitted to be made available through a portion of the Platform designated “Public
Investor;” and (z) the Administrative Agent and the 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 Investor.”  Notwithstanding
the foregoing, no Borrower shall be under any obligation to mark any Borrower
Materials “PUBLIC”.

7.03                        Notices.  The Company shall furnish to the
Administrative Agent, with sufficient copies for each Lender:

(a)                                  promptly and in no event later than five
(5) Business Days after any executive officer or any other Responsible Officer
of the Company obtains knowledge of the occurrence of any Default or Event of
Default, a certificate of a Responsible Officer of the Company setting forth
the details thereof and the action which the Company is taking or proposes to
take with respect thereto;

(b)                                  promptly and in no event later than ten
(10) Business Days after becoming aware thereof, notice of any of the following
events affecting the Company, together with a copy of any notice with respect
to such event that may be required to be filed with a Governmental Authority
and any notice delivered by a Governmental Authority to the Company with
respect to such event:

(i)                                     an ERISA Event;

(ii)                                  the failure by the Company to make all
material contributions required to be made to each Pension Plan under the terms
of that plan, ERISA, the Code, or any other applicable requirement of law;

(iii)                               the adoption of any new Pension Plan or
other plan subject to Section 412 of the Code; or

(iv)                              the adoption of any amendment to a
Pension Plan or other plan subject to Section 412 of the Code, if
such amendment results in a material increase in contributions or Unfunded
Pension Liability;

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(c)                                  promptly after any executive officer or
any other Responsible Officer of the Company obtains knowledge thereof, notice
of all litigation or proceedings commenced or threatened affecting the Company
or any Subsidiary (i) in which there is a reasonable likelihood of
(A) liability in excess of 2% of the Company’s Consolidated Net Worth (in
the aggregate for all related actions) and is not likely to be covered by
insurance, or (B) in which injunctive or similar relief is sought which if
obtained would have a Material Adverse Effect or (ii) which questions the
validity or enforceability of any Loan Document;

(d)                                  promptly after receipt thereof by the
Company, any of its Subsidiaries, or any Pension Plan (but in any event no less
often than quarterly), copies or notice of any written correspondence or
written communication from the United States Department of Labor, the IRS or
any other Governmental Agency with respect to such Pension Plan which could
reasonably be expected to result in a Material Adverse Effect;

(e)                                  promptly after any executive officer or
any other Responsible Officer of the Company learning thereof, notice (in
writing) giving details of any proceeding, notice or action by the United
States Department of Labor or the IRS relating to any potential assertion by
either such agency that any material violation of ERISA or the Code may have occurred
in connection with the administration or operation of any Pension Plan which
could reasonably be expected to result in a Material Adverse Effect;

(f)                                    if reasonably requested by the
Administrative Agent, copies of all final reports or letters submitted to the
Company by its independent certified public accountants in connection with each
annual audit of the financial statements of the Company or its Subsidiaries
made by such accountants, including, without limitation, any “management letter”;

(g)                                 promptly after the availability thereof,
copies of all material amendments to the certificate or articles of
incorporation or bylaws of the Company, each Subsidiary Borrower or any of the
Significant Subsidiaries;

(h)                                 promptly after the receipt thereof, a copy
of any notice, summons, citation or letter concerning any actual, alleged,
suspected or threatened Environmental Claim which could reasonably be expected
to result in a Material Adverse Effect after giving effect to any insurance
proceeds reasonably expected to be available;

(i)                                    promptly, notice of any material
amendment to, or waiver of any of its material rights under, any Pension Plan,
termination of any Pension Plan or merger of any Pension Plan into any other
Pension Plan; and

(j)                                    from time to time such additional
information regarding the financial position or business of the Company and its
Subsidiaries as the Administrative Agent on behalf of the Lenders may
reasonably request.

7.04                        Records
and Inspection.  The Company shall,
and shall cause each Subsidiary to, maintain adequate books, records and
accounts as may be required or necessary to permit the preparation of
consolidated financial statements in accordance with sound business practices
and GAAP or the equivalent international standards for the Subsidiary
Borrowers.  The Company

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shall, and shall cause
each Subsidiary Borrower and Significant Subsidiary to, permit such persons as
the Administrative Agent may designate, at reasonable times and under
reasonable circumstances (including, prior to the occurrence and continuation
of an Event of Default, reasonable prior notice to the Company) to
(a) visit and inspect any properties of the Company and its Subsidiaries,
(b) inspect and copy their books and records, and (c) discuss with
their officers and employees and their independent accountants, their
respective businesses; assets, liabilities, prospects, results of operation and
financial condition.

7.05                        Corporate
Existence, Etc.  Except as permitted
by Section 8.06, the Company shall, and shall cause each Subsidiary
to, at all times preserve and keep in full force and effect its corporate
existence and any rights and franchises, unless the failure to maintain such
rights and franchises could not reasonably be expected to have a Material
Adverse Effect; provided, however, that the corporate existence
of any Subsidiary may be terminated if such termination is determined by the
Company to be in its best interest and is not materially disadvantageous to the
Lenders.

7.06                        Payment of
Taxes.  The Company shall, and shall
cause each Subsidiary to, pay and discharge all material Taxes imposed upon it
or any of its properties or in respect of any of its franchises, business,
income or property before any material penalty shall be incurred with respect
to such Taxes, except where the failure to pay such Taxes could not reasonably
be expected to have a Material Adverse Effect; provided, however,
that, unless and until foreclosure, distraint, levy, sale or similar
proceedings shall have commenced and shall not have been stayed, the Company
and its Subsidiaries need not pay or discharge any such Tax so long as the
validity or amount thereof is contested in good faith and by appropriate
proceedings and so long as any reserves or other appropriate provisions as may
be required by GAAP shall have been made therefor.

7.07                        Maintenance
of Properties.  The Company shall
maintain or cause to be maintained in good repair, working order and condition
(ordinary wear and tear excepted), all material properties useful or necessary
to its business and the business of its Subsidiaries considered as a whole, and
from time to time the Company will make or cause to be made all appropriate
repairs, renewals and replacements thereto, except where the failure to
maintain such property could not reasonably be expected to have a Material
Adverse Effect.

7.08                        Maintenance
of Insurance.  The Company shall, and
shall cause each Subsidiary to, maintain with financially sound and reputable
insurance companies, insurance in at least such amounts, of such character and
as against at least such risks as are usually insured against in the same
general area by companies of established repute engaged in the same or a
similar business.  The Company shall
furnish to the Administrative Agent, upon written request, full information as
to the insurance in effect at any time.

7.09                        Conduct of
Business.  The Company shall not, and
shall not permit any of its Subsidiaries to, engage in any business other than
the businesses in which the Company and its Subsidiaries taken as a whole are
engaged as of the Amendment Effective Date or any businesses or activities
substantially similar or related thereto, except for other businesses which
constitute an insubstantial part of the business of the Company and its
Subsidiaries taken as a whole.  The
Company shall, and shall cause each Subsidiary to, conduct its business in
compliance in all

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material respects with
Applicable Law and all material contractual obligations, except in such
instances in which failure of compliance with Applicable Law or any material
contractual obligation could not reasonably be expected to have a Material
Adverse Effect.

7.10                        Further
Assurances.  The Company shall ensure
that all written information, exhibits and reports furnished to the Administrative
Agent or the Lenders do not and will not contain any untrue statement of a
material fact and do not and will not omit to state any material fact or any
fact necessary to make the statements contained therein not misleading in light
of the circumstances in which made, and will promptly disclose to the
Administrative Agent and the Lenders and correct any defect or error that may
be discovered therein or in any Loan Document or in the execution,
acknowledgement, or recordation thereof.

7.11                        Subordination
of Intercompany Loans and Advances to the Company.  The Company shall cause any Indebtedness owed
by the Company to any Subsidiary to be subordinated to the Obligations and any
Indebtedness owed by any Subsidiary to the Company or any other Subsidiary to
be subordinated to the Obligations on terms of subordination satisfactory
(i) to all the Lenders, if such Indebtedness matures prior to the
Termination Date, or (ii) to the Majority Lenders, if such Indebtedness
matures after the Termination Date; provided, however, that
(a) such subordination may be evidenced on a general ledger or evidenced
by check, bank statement, note or other written agreement, document or
instrument and (b) as long as no Event of Default under Sections 9.01(a),
(f) or (g) has occurred and is continuing and no notice has been
delivered under Section 9.02(b), the Company and its Subsidiaries
may pay such Intercompany Indebtedness in the ordinary course of business.  All such Intercompany Indebtedness shall be
indicated on a general ledger or evidenced by a check, bank statement, note or
other written agreement, document or instrument.

7.12                        Payment of
Obligations.  The Company shall, and
shall cause its Subsidiaries to, pay and discharge as the same shall become due
and payable, all their respective obligations and liabilities, except where the
failure to pay or discharge such obligations or liabilities could not
reasonably be expected to have a Material Adverse Effect, including:

(a)                                  all tax liabilities, assessments and
governmental charges or levies upon it or its properties or assets, unless the
same are being contested in good faith by appropriate proceedings and adequate
reserves in accordance with GAAP are being maintained by the Company or such
Subsidiary, which could reasonably be expected to result in a Material Adverse
Effect;

(b)                                  all lawful claims which, if unpaid, would
by law become a Lien upon its Property, which could reasonably be expected to
result in a Material Adverse Effect; and

(c)                                  all Indebtedness, as and when due and payable,
but subject to any subordination provisions contained in any instrument or
agreement evidencing such Indebtedness, which could reasonably be expected to
result in a Material Adverse Effect.

7.13                        Compliance
with Laws.  The Company shall comply,
and shall cause each of its Subsidiaries to comply, in all material respects
with all Applicable Laws of any Governmental Authority having jurisdiction over
it or its business (including the Federal Fair Labor Standards

 76
 

Act), except such as may
be contested in good faith or as to which a bona fide dispute may exist or
where non-compliance could not reasonably be expected to result in a Material
Adverse Effect.

7.14                        Environmental
Laws.

Upon
the written request of the Administrative Agent or any Lender, the Company
shall submit and cause each of its Subsidiaries to submit, to the
Administrative Agent with sufficient copies for each Lender, at the Company’s
sole cost and expense, at reasonable intervals, a report providing an update of
the status of any environmental, health or safety compliance, hazard or
liability issue identified in any notice or report required pursuant to Section 7.03(h),
that, individually or in the aggregate, could reasonably be expected to result
in liability in excess of $15,000,000 after giving effect to any insurance
proceeds reasonably expected to be available.

7.15                        Solvency.  The Company shall at all times be, and shall
cause each of the Subsidiary Borrowers and each Guarantor to be, Solvent.

7.16                        Use of
Proceeds.

(a)                                  Each Borrower shall use the proceeds of Loans
(i) to repay all obligations owing under the Existing Credit Agreement,
(ii) to finance Capital Expenditures, (iii) for Investments permitted
under Section 8.04, (iv) to make contributions or other
distributions to facilitate repurchases of Company’s Capital Stock, and
(v) for working capital and other general corporate purposes, including
the payment of any closing fees or expenses associated with the closing of the
transactions contemplated hereunder.

(b)                                  No portion of the Loans will be used, directly or
indirectly, (i) to purchase or carry Margin Stock or (ii) to repay or
otherwise refinance indebtedness of any Borrower or others incurred to purchase
or carry Margin Stock, or (iii) to extend credit for the purpose of
purchasing or carrying any Margin Stock. 
No proceeds of any Loans will be used to acquire any security in any
transaction which is subject to Section 13 or 14 of the Exchange Act.

7.17                        Additional
Subsidiary Guarantors.  Upon delivery
of the annual financial statements for the Fiscal Year ended September 30,
2007 and upon delivery of the annual financial statements for each subsequent
Fiscal Year ending thereafter as required under Section 7.01(a),
any new or existing Subsidiary of the Company which is a Significant Subsidiary
and which is not already a Guarantor shall be required to become a “Subsidiary
Guarantor” under, and as defined in, the Master Guaranty and Intercreditor
Agreement, and the Company shall, and shall cause such Subsidiary to, comply
with Section 8.12 of the Master Guaranty and Intercreditor Agreement and Section 5.03
of this Agreement applicable to a Guarantor.

SECTION
8.  NEGATIVE
COVENANTS

The Company covenants and agrees that, so long as any portion of the
Commitments shall be in effect and until all Obligations are paid in full, the
Company shall perform each and all of the following:

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8.01                        Liens.  The Company shall not, and shall not permit
any of its Subsidiaries to, directly or indirectly, create, incur, assume or
permit to exist any Lien on or with respect to any property or asset of the
Company or any Subsidiary, whether now owned or hereafter acquired, or any
income or profits therefrom or rights in respect thereof, except:

(a)                                  Customary Permitted Liens;

(b)                                  Liens on cash collateral in favor of the
Administrative Agent pursuant to Sections 3.01(d) and 3.08;

(c)                                  Existing Liens;

(d)                                  any attachment or judgment Lien not otherwise
constituting an Event of Default in existence less than sixty (60) days
after the entry thereof or with respect to which (i) execution has been
stayed, (ii) payment is covered in full by insurance, or (iii) the Company
or any of its Subsidiaries shall in good faith be prosecuting an appeal or
proceedings for review and shall have set aside on its books such reserves as
may be required by GAAP with respect to such judgment or award;

(e)                                  Liens existing on property or assets of any Person at
the time such Person becomes a Subsidiary or such property or assets are
acquired, but only, in any such case, (i) if such Lien was not created in
contemplation of such Person becoming a Subsidiary or such property or assets
being acquired, and (ii) so long as such Lien does not encumber any assets
other than the property subject to such Lien at the time such Person becomes a
Subsidiary or such property or assets are acquired;

(f)                                    Liens on assets securing Indebtedness permitted to be
incurred or assumed pursuant to Section 8.02(e), including any
interest or title of a lessor under any Capitalized Lease, provided that any
such Lien does not encumber any property other than assets constructed or
acquired with the proceeds of such Indebtedness;

(g)                                 leases or subleases granted in the ordinary course of
business to others, which could not reasonably be expected to have a Material
Adverse Effect;

(h)                                 any Lien constituting a renewal, extension or
replacement of any Existing Lien or any Lien permitted by clauses (f)
or (g) of this Section 8.01, but only, in the case of each
such renewal, extension or replacement Lien, to the extent that the principal
amount of Indebtedness secured thereby does not exceed the principal amount of
such Indebtedness so secured unless such excess is permitted by Section 8.02
to be incurred and by this Section 8.01 to be secured by such Lien
at the time of the extension, renewal or replacement, the maturity thereof is
not shortened and such Lien is limited to all or a part of the property subject
to the Lien extended, renewed or replaced;

(i)                                    other Liens incidental to the conduct of the business
or the ownership of the property of the Company or a Subsidiary which were not
incurred in connection with borrowed money and which do not in the aggregate
materially detract from the value of the property or

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materially impair the use thereof in the operation of
the business and which, in any event, do not secure obligations aggregating in
excess of $35,000,000; and

(j)                                    to the extent the negative pledge clauses contained in
the Private Shelf Agreements as defined in the Master Guaranty and
Intercreditor Agreement constitute Liens;

provided
that if, notwithstanding this Section 8.01, any Lien which this Section 8.01
proscribes shall be created or arise without the prior written consent of the
Lenders (including with respect to this proviso), the Obligations shall be
secured by such Lien equally and ratably with the other Indebtedness secured
thereby and the Company will take or cause to be taken all such action as may
be requested by the Administrative Agent or the Majority Lenders to confirm and
protect such Lien in favor of the Lenders; provided, further,
however, that notwithstanding such equal and ratable securing, the existence of
such Lien shall constitute a default by the Company in the performance or
observance of this Section 8.01.

8.02                        Indebtedness.  The Company shall not, and shall not permit
any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee,
or otherwise become, or remain liable with respect to any Indebtedness, except:

(a)                                  the Obligations;

(b)                                  Indebtedness of the Subsidiaries incurred
under the Loan Documents;

(c)                                  Subordinated Debt;

(d)                                  Existing Indebtedness listed on Schedule 8.02
other  than Indebtedness relating to financial letters of credit;

(e)                                  purchase money Indebtedness, provided
that such Indebtedness (i) if incurred in connection with a Capitalized
Lease Obligation does not in the aggregate exceed $35,000,000 at any time, (ii) if
incurred in connection with the purchase of real estate does not in the
aggregate exceed $35,000,000 at any time, (iii) does not exceed the cost
to the Company or its Subsidiaries of the assets constructed or acquired with
the proceeds of such Indebtedness and (iv) is incurred within twelve (12)
months following the date of the completion or acquisition of the asset so
constructed or acquired;

(f)                                    Contingent Obligations with respect to performance,
bid, advance payment and other similar obligations (which may be in the form of
guarantees or letters of credit issued outside of this Agreement to the extent
the aggregate outstanding amount of such guarantees and letters of credit
issued outside this Agreement do not exceed $50,000,000 at any time), provided
that such Indebtedness (i) is incurred to support contracts or bids in the
ordinary course of business, (ii) remains contingent and (iii) is
unsecured (other than banker’s liens, set-off rights or similar liens);

(g)                                 Contingent Obligations with respect to unsecured
(other than banker’s liens, set-off rights or similar liens) financial letters
of credit issued outside of this Agreement in an aggregate outstanding amount
not exceeding $30,000,000 at any time;

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(h)                                 Indebtedness incurred in the ordinary course of
business with respect to equipment leases or purchases, operating expenses and
real property leases necessary for the performance of Joint Venture projects;
provided that such Indebtedness is unsecured (except to the extent permitted
under Section 8.01);

(i)                                    Intercompany Indebtedness of the Company to any
Subsidiary or of a Subsidiary to the Company or to any Wholly-Owned Subsidiary
which is Subordinated Debt, to the extent permitted by Section 8.04(c)
and (d);

(j)                                    other unsecured Indebtedness owing offshore by
Subsidiaries or Affiliates of the Company exclusively for the purpose of short
term working capital requirements or managing foreign currency risk and tax
liabilities consistent with existing business practices not in excess of
$100,000,000 at any time outstanding;

(k)                                Contingent Obligations with respect to Swap Contracts
in connection (i) with bona fide hedging operations against interest rates
on funded Indebtedness of the Company and its Subsidiaries in an aggregate
notional amount not exceeding such funded Indebtedness at any time outstanding
(less the amount of any such Existing Indebtedness then outstanding), and
(ii) with the conduct of its business; provided that in each case such
Indebtedness (A) is incurred in the ordinary course of business,
(B) is unsecured and (C) remains contingent;

(l)                                    Contingent Obligations incurred by the Company or any
Subsidiary with respect to Indebtedness payable by other Subsidiaries which is
permitted to be incurred by such other Subsidiary under this Section 8.02;

(m)                              Contingent Obligations incurred by the Company or any
Subsidiary with respect to Indebtedness for borrowed money of Joint Ventures
which are not included in the consolidated financial statements of the Company
under GAAP, provided that (i) such Indebtedness and such Contingent
Obligations are incurred in the ordinary course of business, (ii) such
Indebtedness is fully secured by assets not reflected on the consolidated
balance sheet of the Company, (iii) such Contingent Obligations do not in
the aggregate exceed $100,000,000 at any time outstanding (less the amount of
any such Existing Indebtedness then outstanding), (iv) the Contingent
Obligations with respect to Indebtedness of any Joint Venture shall be several,
and not joint and several, obligations and shall apply only to a portion of
such Indebtedness not exceeding a portion based on the percentage interest of
the Company or such Subsidiary in the equity of such Joint Venture (or if the
Contingent Obligations with respect to such Indebtedness shall be joint and
several, all such Indebtedness shall be included as Contingent Obligations in
clause (iii) above), and (v) such Contingent Obligations remain
contingent;

(n)                                 Contingent Obligations with respect to indemnity
obligations pursuant to provisions of the Employee Benefit Plans of the Company
or its Subsidiaries and the Plan, provided that such Indebtedness (i) is
incurred in the ordinary course of business and (ii) remains contingent;

(o)                                  Indebtedness and Contingent Obligations incurred
outside this Agreement (including guarantees and letters of credit issued in
excess of the dollar limits set forth in

 80
 

clauses (f) and (g) above), not
exceeding the greater of $125,000,000 or 20% of the Company’s Consolidated Net
Worth in the aggregate at any time;

(p)                                  Indebtedness consisting of notes for the purchase of
employees’ or retirees’ stock in accordance with existing business practice;

(q)                                  unsecured Indebtedness in an unlimited aggregate
outstanding principal amount that is subordinate (structurally or in right of
payment) to or pari passu with the Loans and
that does not have a maturity date or any scheduled principal payments prior to
the Termination Date, provided that the Borrowers would be in compliance
with the financial covenants set forth in Section 8.05 after giving
effect to the incurrence of any such Indebtedness;

(r)                                  unsecured Indebtedness in an aggregate outstanding
principal amount at any time of up to $200,000,000 that is subordinate
(structurally or in right of payment) to or pari passu with
the Loans and that matures prior to or has scheduled principal payments prior
to the Termination Date, provided that the Borrowers would be in
compliance with the financial covenants set forth in Section 8.05
after giving effect to the incurrence of any such Indebtedness;

(s)                                  Indebtedness incurred to refinance Indebtedness
described in clauses (d), (e), (f), (g) and (j) above or (t) below; provided,
however, that (i) the unpaid balance is not increased (except if
the incurrence of any amount in excess thereof would otherwise then be
permitted by the terms of this Agreement) and (ii) if such refinanced
Indebtedness is repaid prior to the scheduled maturity thereof, such
refinancing Indebtedness shall (A) not mature or be required to be repaid,
purchased or otherwise retired earlier than the corresponding portion of the
Indebtedness being prepaid or (B) not result in a Default or an Event of
Default; and

(t)                                    unsecured Indebtedness incurred pursuant to the
Foreign Subsidiary Credit Agreement by foreign Subsidiaries or Affiliates of
the Company pursuant to Section 965 of the Code (in connection with the Jobs
Creation Act of 2004) to facilitate the repatriation of funds to the Company; provided
that such Indebtedness is repaid no later than September 30, 2011.

8.03                        Restricted
Payments.  The Company shall not
declare, pay or make, or agree to declare, pay or make, any Restricted Payment,
except

(a)                                  [intentionally omitted];

(b)                                  dividends or distributions in respect of a class of
the Company’s Capital Stock payable in the same class of the Company’s Capital
Stock;

(c)                                  issuances of Capital Stock upon the exercise of any
warrants, options or rights to acquire such Capital Stock;

(d)                                  provided that no Default or Event of Default exists
under Section 9.01(a), (f) or (g) or would result
therefrom, repurchases of Capital Stock pursuant to the terms of Section 6.10
of the Company’s Bylaws, the Plans and the Company’s Stock Purchase Plan, all
as in effect from time to time;

 81
 

(e)                                  provided that no Default or Event of Default exists
under Section 9.01(a), (f) or (g) or would result
therefrom, distributions or accumulations of payment-in-kind dividends on any
series or class of Capital Stock; and

(f)                                    provided that no Default or Event of Default exists
under Section 9.01(a), (f) or (g) or would result
therefrom and the Leverage Ratio (calculated on a pro-forma basis giving effect
to any such Restricted Payments) is less than 2.25 to 1.00, repurchases of any
Capital Stock of the Company.

8.04                        Investments.  The Company shall not, and shall not permit
any of its Subsidiaries to, make or own any Investment in any Person, except:

(a)                                  Permitted Investments, provided that
Investments of the type described in clause (d) of the definition of
Permitted Investments that are made outside of the United States shall not
exceed $50,000,000 in the aggregate at any time;

(b)                                  any Investment existing on the Amendment Effective
Date in any of the Subsidiaries or in any of the Joint Ventures identified on Schedule 6.01;

(c)                                  Investments by any Subsidiary in the Company or in any
Wholly-Owned Subsidiary;

(d)                                  Investments by the Company or a Wholly-Owned
Subsidiary in any Wholly-Owned Subsidiary;

(e)                                  trade credit extended on usual and customary terms in
the ordinary course of business;

(f)                                    advances to employees for moving, relocation and
travel expenses, drawing accounts and similar expenditures in the ordinary
course of business;

(g)                                 Investments in the ordinary course of business by the
Company or any of its Subsidiaries in contract Joint Ventures for the purpose
of performing projects with other companies; provided that if such Joint
Ventures are not structured so that neither the Company nor any Significant
Subsidiary shall be responsible for the acts or omissions of other companies
except to the extent covered by insurance or limited to Indebtedness for
expenses permitted by Section 8.02(g), the Company shall have
determined that such structure would not individually or in the aggregate with
other similarly structured Joint Venture have a Material Adverse Effect;

(h)                                 Permitted Acquisitions; and

(i)                                    other Investments not otherwise permitted
above; provided, however, that:

(A)                              the aggregate consideration consisting of
cash and assumed debt paid by the Company and its Subsidiaries for such
Investments in any Fiscal Year shall not exceed $150,000,000.

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(B)                                the cash and assumed debt portion of the
aggregate consideration paid by the Company and its Subsidiaries for any such
single Investment shall not exceed $100,000,000;

(C)                                if the cash and assumed debt portion of the
aggregate consideration paid by the Company and its Subsidiaries for any such
single Investment exceeds $25,000,000, the Company shall, prior to completing
such Investment, submit to the Administrative Agent for distribution to the
Lenders, a certificate demonstrating compliance with Section 8.05
on a pro forma basis after giving effect to such Investment;

(D)                               each such Investment shall be subject to Section 7.09
and

(E)                                 no such Investment in any Person shall be
opposed by the board of directors of such Person.

8.05                        Financial
Covenants.

(a)                                  Leverage Ratio. 
The Company shall not permit the Leverage Ratio to be greater than 3.00
to 1.00 as of the end of any Fiscal Quarter.

(b)                                  Fixed Charge Coverage Ratio. 
The Company shall not permit the Fixed Charge Coverage Ratio to be less
than 1.25 to 1.00 as of the end of any Fiscal Quarter.

8.06                        Restriction
on Fundamental Changes.  Unless
permitted by Section 8.07, the Company shall not, and shall not
permit any of its Wholly-Owned Subsidiaries to, enter into any merger,
consolidation, reorganization or recapitalization liquidate, wind up or
dissolve or sell, lease, transfer or otherwise dispose of, in one transaction
or a series of transactions, all or substantially all of its or their business
or assets, whether now owned or hereafter acquired, except that:
(a) the Company or any of its Wholly-Owned Subsidiaries may enter into a
merger as part of a Permitted Acquisition, provided that the Company or
such Wholly-Owned Subsidiary owns or controls a majority of the surviving
entity of such merger; and (b) as long as no Default or Event of Default
shall exist after giving effect thereto, any Wholly-Owned Subsidiary may be
merged or consolidated into the Company, a Subsidiary Borrower or any other
Significant Subsidiary which has become a Guarantor or be liquidated, wound up
or dissolved, or all or substantially all of its business or assets may be
sold, leased, transferred, or otherwise disposed of, in one transaction or a
series of transactions, to the Company, a Subsidiary Borrower or any other
Significant Subsidiary which has become a Guarantor; provided that
neither the Company nor any Significant Subsidiary may be involved in any such
transaction unless the Company, a Subsidiary Borrower, or a Significant
Subsidiary, as the case may be, is the surviving or acquiring corporation and
the net worth of the Company, such Subsidiary Borrower or a Significant
Subsidiary, as the case may be, is unchanged or higher after giving effect to
such merger or other transaction.

8.07                        Asset
Dispositions.

(a)                                  The Company shall not, and shall not permit any of its
Subsidiaries to, make any Asset Disposition, including any Sale-Leaseback
Transaction, unless either:

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(i)                                     the Board of Directors of the Company has
reasonably determined in good faith that the terms of the transaction are fair
and reasonable to the Company or such Subsidiary, as the case may be; and
within one year after the Asset Disposition the Company or such Subsidiary
shall have used any Net Cash Proceeds to (A) replace the properties or
assets that were the subject of the Asset Disposition, (B) acquire
properties or assets in the businesses of the Company and its Subsidiaries on
the date of this Agreement or (C) repay all or part of any Indebtedness
covered by the Master Guaranty and Intercreditor Agreement; or

(ii)                                  the aggregate assets disposed of by the
Company and its Subsidiaries in any 12-month period during the term of this
Agreement shall not have a value exceeding 10% of the Company’s Consolidated
Net Worth; and the aggregate assets disposed of by the Company and its
Subsidiaries on a cumulative basis during the term of this Agreement shall not
have a value exceeding 30% of the Company’s Consolidated Net Worth.

(b)                                  the Company in any event will not, and will not permit
any of its Subsidiaries to, directly or indirectly, sell with recourse,
discount (except in the ordinary course of business consistent with past
practice to compromise disputes with customers), or otherwise sell for less
than the face value thereof or for consideration other than cash, any of their
respective accounts receivable.

8.08                        Transactions
with Affiliates.  The Company shall
not, and shall not permit any of its Subsidiaries to, directly or indirectly,
enter into any transaction (including the purchase, sale, lease, or exchange of
any property or the rendering of any service) with any Affiliate of the Company
which is not a Subsidiary, unless (i) such transaction is not otherwise
prohibited by this Agreement, (ii) such transaction is in the ordinary course
of business, and (iii) if such transaction is other than with a
Subsidiary, such transaction taken as a whole is on fair and reasonable terms
no less favorable to the Company or its Subsidiary, as the case may be, than
those terms which might be obtained at the time in a comparable arm’s length
transaction with a Person who is not an Affiliate or, if such transaction is
not one which by its nature could be obtained from such other Person, is on
fair and reasonable terms and was negotiated in good faith; provided
that this Section 8.08 shall not restrict (A) payments
otherwise allowed under this Agreement and other transfers on account of any
shares of Capital Stock of the Company or any Subsidiary, (B) customary board
of director fees, (C) any payments pursuant to the terms of the
Certificate of Incorporation or Bylaws of the Company, or to any of the Company’s
Employee Benefit Plans or the Plans or (D) the rights, privileges and
preferences granted to holders of Preferred Stock arising under any related
certificate of designation, investor rights agreement or regulatory side
letter, each in form and substance reasonably satisfactory to the
Administrative Agent.

8.09                        Restrictive
Agreements.  Except pursuant to the
Foreign Subsidiary Credit Agreement, the Company shall not, and shall not
permit any Subsidiaries to, enter into any contractual obligation which
restricts or limits the ability of such Subsidiary to (a) pay dividends or
make any distribution on its Capital Stock, (b) pay Indebtedness owed the
Company or any Subsidiary, (c) make any loans or advances to the Company
or (d) except as provided in

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contractual obligations
respecting the specific assets subject to Permitted Liens, transfer any of its
property to the Company.

8.10                        Amendments
of Bylaws.  The Company shall not
amend its Bylaws or amend or modify the terms of its Capital Stock in any
respect which accelerates the payment obligations of the Company to a date
earlier than 3 years after the date of such amendment without in each case
obtaining the prior written consent of the Majority Lenders (which consent
shall not be unreasonably withheld or delayed).

8.11                        Change in
Business.  The Company shall not, and
shall not permit any of its Subsidiaries to, engage in any material line of
business substantially different from those lines of business carried on by the
Company and its Subsidiaries on the date hereof, without in each case obtaining
the prior written consent of the Majority Lenders (which consent shall not be
unreasonably withheld).

8.12                        Accounting
Changes.  The Company shall not, and
shall not suffer or permit any of its Subsidiaries to, make any significant
change in accounting treatment or reporting practices, except as required by
GAAP, or change the fiscal year of the Company or of any of its consolidated
Subsidiaries.

8.13                        Contributions
to the Plans.  Except for the Company’s
Capital Stock contributed by the Company to the Plans as contributions, the
Company shall not make any contributions to the Plans other than in cash.

8.14                        Right to
Terminate Post-Retirement Benefits  Except
as otherwise required by Applicable Law, if a plan provides post-retirement
life insurance, medical or other health related benefits (such as vision or
dental) to more than 2,000 former or current employees of the Company or any of
its current domestic ERISA Affiliates, the applicable plan documents relating
to such benefits will clearly and expressly allow for, and neither the Company
nor any of its current domestic ERISA Affiliates will issue any written communication
or enter into any written or oral agreement that it is reasonably possible
would any way prohibit, the right of the Company and its current domestic ERISA
Affiliates to reduce, terminate or amend such benefits in such plan.

SECTION
9.  EVENTS
OF DEFAULT

9.01                        Events of
Default.  The occurrence of any one
or more of the following events, acts or occurrences shall constitute an event
of default (an “Event of Default”) hereunder:

(a)                                  Failure to Make Payments. 
Any Borrower (i) shall fail to pay when due any principal (whether
at stated maturity, upon acceleration, by notice of or other requirement of
prepayment, by operation of Section 2.06 or otherwise) of any Loan
(including with respect to any Letter of Credit and any Swing Line Loan) or
(ii) shall fail to pay interest on any Loan (including any Swing Line
Loan) or any fees payable hereunder within three (3) Business Days of the date
when due or (iii) shall fail to pay any costs, expenses or other amounts
payable hereunder or under any Notes or any other Loan Documents within ten
(10) Business Days after the Administrative Agent notifies the Company that
such amount has become due;

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(b)                                  Default in Other Agreements. 
The Company or any of its Subsidiaries (i) fails to make any
payment in respect of any Indebtedness or Contingent Obligation 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 2% of the Company’s Consolidated Net Worth
when due (whether by scheduled maturity, required prepayment, acceleration,
demand, or otherwise) and such failure continues after the applicable grace or
notice period, if any, specified in the document relating thereto on the date of
such failure; or (ii) fails to perform or observe any other condition or
covenant, or any other event shall occur or condition exist, under any
agreement or instrument relating to any such Indebtedness or Contingent
Obligation of more than 2% of the Company’s Consolidated Net Worth, and such
failure continues after the applicable grace or notice period, if any,
specified in the document relating thereto on the date of such failure if the
effect of such failure, 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 Administrative Agent on behalf of such holder or
holders or beneficiary or beneficiaries) to cause, such Indebtedness to be
declared to be due and payable prior to its stated maturity, or such Contingent
Obligation to become payable or cash collateral in respect thereof to be
demanded;

(c)                                  Breach of Certain Covenants. 
Any Borrower shall fail to perform, comply with or observe any
agreement, covenant or obligation to be performed, observed or complied with by
it pursuant to Section 7.01, Section 7.05 (insofar as
such Section requires the preservation of the corporate existence of any
Borrower), Section 7.06, Section 7.11 or Section 8
(other than Section 8.10);

(d)                                  Breach of Warranty. 
Any representation or warranty or certification made or furnished by the
Company or any of its Subsidiaries under this Agreement, the other Loan
Documents or any agreement, instrument or document contemplated hereby and
thereby shall, prove to have been false or incorrect in any material respect
when made;

(e)                                  Other Defaults Under Agreement
and Other Loan Documents.  The Company or any Subsidiary
shall fail to perform, comply with or observe any covenant or obligation to be
performed, observed or complied with by it under this Agreement (other than
those provisions referred to in Sections 9.0 1(a) and (c)
above) or the other Loan Documents and such failure shall not have been
remedied or waived within thirty (30) days after notice thereof by the
Administrative Agent;

(f)                                    Involuntary Bankruptcy;
Appointment of Receiver, Etc. There shall be commenced against the Company, any
Subsidiary Borrower or any Significant Subsidiary an involuntary case seeking
the liquidation or reorganization of the Company, any Subsidiary Borrower or
any Significant Subsidiary under Chapter 7 or Chapter 11 of the
Bankruptcy Code or any similar proceeding under any other Applicable Law or an
involuntary case or proceeding seeking the appointment of a receiver,
liquidator, sequestrator, custodian, trustee or other officer having similar
powers of the Company, any Subsidiary Borrower or any Significant Subsidiary to
take possession of all or a substantial portion of the property or to operate
all or a substantial portion of the business of the Company, any Subsidiary
Borrower or any Significant Subsidiaries and any of the following events occur:
(i) the Company or any of its Subsidiaries consents to the

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institution of the involuntary case or proceeding;
(ii) the petition commencing the involuntary case or proceeding is not
timely controverted; (iii) the petition commencing the involuntary case or
proceeding remains undismissed and unstayed for a period of sixty (60)
days (provided, however, that, during the pendency of such
period, the Lenders shall be relieved of their Commitments); or (iv) an
order for relief shall have been issued or entered therein;

(g)                                 Voluntary Bankruptcy; Appointment
of Receiver, Etc.  The Company, any Subsidiary Borrower or any
Significant Subsidiary shall institute a voluntary case seeking liquidation or
reorganization under Chapter 7 or Chapter 11 of the Bankruptcy Code;
or the Company or any Significant Subsidiary shall file a petition, answer, or
complaint or shall otherwise institute any similar proceeding under any other
Applicable Law, or shall consent thereto; or the Company, any Subsidiary
Borrower or any Significant Subsidiary shall consent to the conversion of an
involuntary case to a voluntary case; or the Company, any Subsidiary Borrower
or any Significant Subsidiary shall file a petition, answer a complaint or
otherwise institute any proceeding seeking, or shall consent or acquiesce to
the appointment of, a receiver, liquidator, sequestrator, custodian, trustee or
other officer with similar powers to take possession of all or a substantial
portion of the property or to operate all or a substantial portion of the
business of the Company, any Subsidiary Borrower or any Significant Subsidiary;
or the Company, any Subsidiary Borrower or any Significant Subsidiary shall
make a general assignment for the benefit of creditors; or the Company, any
Subsidiary Borrower, or any Significant Subsidiary shall admit in writing its
inability or fails generally to pay its debts as they come due; or the Board of
Directors of the Company, any Subsidiary Borrower or any Significant Subsidiary
(or any committee thereof) adopts any resolution or otherwise authorizes action
to approve any of the foregoing;

(h)                                 Judgments and Attachments. 
The Company or any of its Subsidiaries shall suffer any money judgments,
writs, or warrants of attachment, or similar processes, which individually or
in the aggregate involve an amount in excess of 3% of the Company’s
Consolidated Net Worth and shall not discharge, vacate, bond, or stay the same
within a period of 45 days except to the extent the amount of such
judgments, writs, warrants or attachments are fully covered by insurance
(provided that any deductible in excess of 3% of the Company’s Consolidated Net
Worth is supported by a bond or letter of credit in at least the amount by
which such deductible exceeds 3% of the Company’s Consolidated Net Worth and
the insured has in writing accepted liability therefor) or a judgment creditor
shall obtain possession of any material portion of the assets of the Company or
any of its Subsidiaries by any means, including, without limitation, levy,
distraint, replevin or self-help;

(i)                                    ERISA Liabilities. 
(i) There shall occur one or more ERISA Events which individually
or in the aggregate results in or might reasonably be expected to result in
liability of the Company or any of its ERISA Affiliates in excess of 3% of the
Company’s Consolidated Net Worth during the term of this Agreement;
(ii) the footnotes in the Company’s annual financial statements fail to
disclose all unfunded benefit liabilities (determined in accordance with GAAP),
or (iii) the aggregate Unfunded Pension Liability among all Pension Plans
exceeds the aggregate Unfunded Pension Liability among all Pension Plans as of
September 30, 2003 by more than 3% of the Company’s Consolidated Net
Worth;

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(j)                                    Failure of Subordination. 
Any agreement to subordinate other Indebtedness in an aggregate amount
in excess of $10,000,000 in right of payment to the Obligations, at any time
and for any reason other than satisfaction in full of all of the Obligations or
satisfaction in full of such Subordinated Debt upon the originally stated
maturity thereof, ceases to be in full force and effect in any material respect
or is declared to be null and void;

(k)                                Termination of Master Guaranty
and Intercreditor Agreement.  The Master
Guaranty and Intercreditor Agreement, or any material provision therein, shall
cease to be in full force and effect except as a result of any breach of the
terms thereof by the Administrative Agent or the Lenders or the repayment in
full of the Company’s obligations to the Note Holders under the Note Documents
(as such terms are defined in the Master Guaranty and Intercreditor Agreement);
or the Company or any of the Guarantors shall contest or purport to repudiate
or disavow the Master Guaranty and Intercreditor Agreement;

(l)                                    Guarantor Defaults. 
Any Guarantor shall fail in any material respect to perform or observe
any term, covenant or agreement in the Master Guaranty, and Intercreditor
Agreement; or the Master Guaranty and Intercreditor Agreement shall for any
reason be partially (including with respect to future advances) or wholly
revoked or invalidated, or otherwise cease to be in full force and effect, or
any Guarantor shall contest in any manner the validity or enforceability
thereof or deny that it has any further liability or obligation thereunder; or

(m)                              Change in Ownership. 
Any event or series of events by which:

(A)                              any “person” or “group” (as such terms are used in
Sections 13(d) and 14(d) of the Exchange Act), but excluding:

(1)                                  any employee stock ownership plan or
arrangement of the Company or its Subsidiaries,

(2)                                  any current or former employee who owns
Common Stock or option rights (as such term is defined below),

(3)                                  any Person that holds Common Stock on
behalf of employees or former employees of the Company and its Subsidiaries,

(4)                                  any Employee Benefit Plan of the Company
or its Subsidiaries,

(5)                                  any Person acting in its capacity as trustee,
agent or other fiduciary or administrator of any such plan, and

(6)                                  any other Person who acquired Preferred
Stock prior to the date of the IPO, or any Affiliate of such Person, provided
that at all times after the IPO such Person and its Affiliates collectively own
no more than 35% of the voting equity securities of the Company,

becomes
the “beneficial owner” (as defined in Rules 13d-3 and 13d-5, under
the Exchange Act, except that a person or group shall be deemed to have “beneficial
ownership” of all securities

 88
 

that
such person or group has the right to acquire (such right, an “option right”),
whether such right is exercisable immediately or only after the passage of
time), directly or indirectly, of 25% or more of the equity securities of the
Company entitled to vote for members of the board of directors or equivalent
governing body of the Company on a partially-diluted basis (i.e., taking
into account all such securities that such person or group has the right to
acquire pursuant to any option right); or

(B)                                during any period of 12 consecutive
months, a majority of the members of the board of directors or other equivalent
governing body of the Company cease to be composed of individuals (A) who
were members of that board or equivalent governing body on the first day of
such period, (B) whose election or nomination to that board or equivalent
governing body was approved by individuals referred to in clause (A) above
constituting at the time of such election or nomination at least a majority of
that board or equivalent governing body or (C) whose election or
nomination to that board or other equivalent governing body was approved by
individuals referred to in clauses (A) and (B) above constituting at the
time of such election or nomination at least a majority of that board or
equivalent governing body.

9.02                        Remedies.  Upon the occurrence of an Event of Default:

(a)                                  If an Event of Default occurs under Section 9.01(f)
or (g), then the Commitments shall automatically and immediately
terminate and the obligation of the Lenders to make any Loan or issue any
Letter of Credit hereunder shall cease, and the unpaid principal amount of and
any accrued interest on all of the Loans shall automatically become immediately
due and payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by the
Borrowers.

(b)                                  If an Event of Default occurs under Section 9.01,
other than under Section 9.01(f) or (g), the Administrative
Agent upon request of the Majority Lenders shall, by written notice to the
Borrowers, declare that the Commitments are terminated, whereupon the
obligation of the Lenders to make any Loan or issue any Letter of Credit
hereunder shall cease, and/or declare the unpaid principal amount of the Loans
to be, and the same shall thereupon become, due and payable together with any
and all accrued interest thereon, without presentment, demand, protest, any
additional notice whatsoever or other requirements of any kind, all of which
are hereby expressly waived by the Borrowers.

(c)                                  If an Event of Default occurs under Section 9.01(f)
or (g) or if any other Event of Default occurs and the Administrative
Agent declares the Loans due and payable, the Borrowers shall be immediately
obligated, without demand upon or notice to the Borrowers, all of which are
hereby waived by the Borrowers, to pay immediately to the Administrative Agent,
an amount of cash equal to the maximum aggregate amount that is or at any time
thereafter may become available for drawing under any outstanding Letters of
Credit (whether or not any beneficiary shall have presented, or shall be
entitled at such time to present, the drafts or other documents required to
draw under such Letters of Credit), less the amount of any cash previously
provided by the Borrowers to Cash Collateralize such Obligations.  Any amounts so received shall be deposited in
an interest bearing account maintained by the Administrative Agent as
collateral security (“Cash Collateral Cover”) for the payment and repayment
of all Obligations.  At any

 89
 

time after any such Obligations shall be due and
payable (whether by drawing on a Letter of Credit or otherwise) the Cash
Collateral Cover may be applied in whole or in part by the Administrative Agent
against or on account of all or any part of the Obligations which have become
so due and payable.  Interest earned on
this account, to the extent such interest is not required for, or applied to,
the payment or repayment of the Obligations, shall be paid to the Borrowers.

SECTION
10.  ADMINISTRATIVE
AGENT

10.01                 Appointment and
Authority.  Each of the Lenders and
each Issuing Lender 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 Section are solely for the benefit of the Administrative Agent, the
Lenders and each Issuing Lender, and no Borrower shall have rights as a third
party beneficiary of any of such provisions, provided that the Borrowers
shall have the rights set forth in Section 10.06.

10.02                 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 Borrowers or any Subsidiary or other Affiliate thereof as
if such Person were not the Administrative Agent hereunder and without any duty
to account therefor to the Lenders.

10.03                 Exculpatory
Provisions.  The Administrative Agent
shall not have any duties or obligations except those expressly set forth
herein and in the other Loan Documents.  Without limiting the generality of the
foregoing, the Administrative Agent:

(a)                                  shall not be subject to any fiduciary or
other implied duties, regardless of whether a Default has occurred and is
continuing;

(b)                                  shall not have any duty to take any
discretionary action or exercise any discretionary powers, except discretionary
rights and powers expressly contemplated hereby or by the other Loan Documents
that the Administrative Agent is required to exercise as directed in writing by
the Majority 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

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information relating to any of the Borrowers or any of
their respective Affiliates that is communicated to or obtained by the Person
serving as the Administrative Agent or any of its Affiliates in any capacity.

The Administrative Agent shall not be liable for any action taken or
not taken by it (i) with the consent or at the request of the Majority 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 11.01 and 9.02) or (ii)
in the absence of its own gross negligence or willful misconduct or breach in
bad faith of its obligations under this Agreement or any other Loan
Document.  The Administrative Agent shall
be deemed not to have knowledge of any Default unless and until notice
describing such Default is given to the Administrative Agent by the Company, a
Lender or an Issuing Lender.

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 (v) the satisfaction
of any condition set forth in Section 5 or elsewhere herein, other
than to confirm receipt of items expressly required to be delivered to the
Administrative Agent.

10.04                 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 an Issuing Lender, the Administrative Agent may
presume that such condition is satisfactory to such Lender or Issuing Lender
unless the Administrative Agent shall have received notice to the contrary from
such Lender or Issuing Lender prior to the making of such Loan or the Issuance
of such Letter of Credit.  The
Administrative Agent may consult with legal counsel (who may be counsel for the
Company), independent accountants and other experts selected by it, and shall
not be liable for any action taken or not taken by it in accordance with the
advice of any such counsel, accountants or experts.

10.05                 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
Administrative Agent-Related Persons. 
The exculpatory

 91
 

provisions of this
Article shall apply to any such sub agent and to the Administrative
Agent-Related Persons 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.

10.06                 Resignation of
Administrative Agent.  The
Administrative Agent may at any time give notice of its resignation to the
Lenders, each L/C Issuer and the Company. 
Upon receipt of any such notice of resignation, the Majority Lenders
shall have the right, with the consent of the Company (which shall not be
unreasonably withheld or delayed), 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 Majority 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 Issuing Lenders, appoint a successor
Administrative Agent meeting the qualifications set forth above; provided
that if the Administrative Agent shall notify the Company and the Lenders that
no qualifying Person has accepted such appointment, then such resignation shall
nonetheless become effective in accordance with such notice and (1) 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 (2) 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 Issuing
Lender directly, until such time as the Majority Lenders appoint a successor Administrative
Agent as provided for above in this Section. 
Upon the acceptance of a successor’s appointment as Administrative Agent
hereunder, such successor shall succeed to and become vested with all of the
rights, powers, privileges and duties of the retiring (or retired)
Administrative Agent, and the retiring Administrative Agent shall be discharged
from all of its duties and obligations hereunder or under the other Loan
Documents (if not already discharged therefrom as provided above in this
Section).  The fees payable by the
Company to a successor Administrative Agent shall be the same as those payable
to its predecessor unless otherwise agreed between the Company and such
successor.  After the retiring
Administrative Agent’s resignation hereunder and under the other Loan
Documents, the provisions of this Article and Sections 11.04 and 11.05
shall continue in effect for the benefit of such retiring Administrative Agent,
its sub agents and their respective Administrative Agent-Related Persons 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.

Any resignation by Bank of America as Administrative Agent pursuant to
this Section shall also constitute its resignation as an Issuing Lender and the
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 Bank of America as retiring Issuing Lender and the
Swing Line Lender, (b) Bank of America as retiring Issuing Lender and the Swing
Line Lender shall be discharged from all of its duties and obligations
hereunder or under the other Loan Documents, and (c) the remaining Issuing
Lenders and any new successor to Bank of America as an Issuing Lender shall
Issue Letters of Credit in

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substitution for the Letters of Credit, if any, Issued
by Bank of America outstanding at the time of such succession or make other
arrangements satisfactory to Bank of America as a retiring Issuing Lender to
effectively assume the obligations of Bank of America with respect to such
Letters of Credit.

10.07                 Non-Reliance on
Administrative Agent and Other Lenders. 
Each Lender and the Issuing Lender acknowledges that it has,
independently and without reliance upon the Administrative Agent or any other
Lender or any of their Administrative Agent-Related Persons 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 Issuing Lender also
acknowledges that it will, independently and without reliance upon the
Administrative Agent or any other Lender or any of their Administrative
Agent-Related Persons 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.

10.08                 No Other Duties,
Etc..  Anything herein to the
contrary notwithstanding, none of the Bookrunners, Arrangers or Syndication
Agents listed on the cover page hereof shall have any powers, duties or
responsibilities under this Agreement or any of the other Loan Documents,
except in its capacity, as applicable, as the Administrative Agent, a Lender or
an Issuing Lender hereunder.

10.09                 Guaranty Matters.  The Lenders and each Issuing Lender
irrevocably authorize the Administrative Agent, at its option and in its
discretion, to release any Subsidiary Guarantor from its obligations under the
Master Guaranty and Intercreditor Agreement if such Person ceases to be a
Subsidiary or otherwise is no longer required hereunder to be a Subsidiary
Guarantor as a result of a transaction permitted hereunder.

Upon request by the Administrative Agent at any time,
the Majority Lenders will confirm in writing the Administrative Agent’s
authority to release any Subsidiary Guarantor from its obligations under the
Master Guaranty and Intercreditor Agreement pursuant to this Section 10.09.

SECTION
11.  MISCELLANEOUS

11.01                 Amendments and
Waivers.  No amendment or waiver of
any provision of this Agreement or any other Loan Document, and no consent with
respect to any departure by any Borrower Party therefrom, shall be effective
unless the same shall be in writing and signed by the Majority Lenders and the
Borrowers and acknowledged by the Administrative Agent, and then such waiver
shall be effective only in the specific instance and for the specific purpose
for which given; provided, however, that no such waiver,
amendment, or consent shall, unless in writing and signed by each of the
Lenders directly affected thereby and the Company, and acknowledged by the
Administrative Agent, do any of the following:

(a)                                  increase or extend the Commitment of any Lender or
subject any Lender to any additional obligations, except as provided in Section 2.04A;

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(b)                                  postpone or delay any date fixed for any payment of
principal, interest, fees or other amounts due to the Lenders (or any of them)
hereunder or under any Loan Documents; provided, that any Lender may
individually agree to a reduction in such Lender’s interest rate by separate
agreement with any Borrower, which reduction, expressed as a percentage of the
interest rates that would otherwise be applicable hereunder, shall be notified
to the Administrative Agent in writing by such Lender and such Borrower, and
the Administrative Agent shall apply such reduction to the interest due to such
Lender until it receives written notice from such Lender to the contrary;

(c)                                  reduce the principal of, or the amount or rate of
interest specified herein for any Loan or L/C Borrowing or reimbursement
obligation with respect to any drawing on a Letter of Credit or L/C Obligation
(other  than the termination or waiver at the request of the
Majority Lenders of any default interest rate pricing imposed at the request of
the Majority Lenders pursuant to Section 2.08(c)), or of any fees
or other amounts payable hereunder or under any Loan Document;

(d)                                  change the percentage of the Commitments or of the
aggregate unpaid principal amount of the Loans and L/C Obligations which shall
be required for the Lenders or any of them to take any action hereunder;

(e)                                  except as provided in Section 4.07, change
the Pro Rata Share of any Lender or change the right of any Lender to receive
its Pro Rata Share (or other applicable share as expressly provided herein) of
any payment or distribution to be made hereunder;

(f)                                    amend this Section 11.01 or Section 2.13
or any provision providing for consent or other action by all the Lenders or
amend the definition of “Majority Lenders;”

(g)                                 amend the definition of “Offshore Currency;” or

(h)                                 discharge the Company as a Guarantor under the Master
Guaranty and Intercreditor Agreement or discharge all or substantially all of
the Guarantors from liability under the Master Guaranty and Intercreditor
Agreement except in accordance with this Agreement;

provided,
further, that (A) no amendment, waiver or consent shall, unless in writing
and signed by any affected Issuing Lender in addition to the Majority Lenders
or all the Lenders, as the case may be, affect the rights or duties of any
Issuing Lender under this Agreement or any Letter of Credit Applications
relating to any Letter of Credit Issued by it, (B) no amendment, waiver or
consent shall, unless in writing and signed by the Administrative Agent in
addition to the Majority Lenders or all the Lenders, as the case may be, affect
the rights or duties of the Administrative Agent under this Agreement or any
other Loan Document, and (C) Harris N.A. shall have rights as a Lender under
this Section 11.01 only with respect to the matters described above which
affect Harris N.A. in its capacity as an Issuing Lender of Existing Letters of
Credit, and for the purpose of any issue relating to any such Existing Letters
of Credit which is to be determined by Majority Lenders or all the Lenders, as
the case may be, Harris shall be deemed to have the Commitment of and be
represented by BMO Capital Markets Financing, Inc.

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11.02                 Transmission and
Effectiveness of Communications and Signatures.

(a)                                  General. 
Unless otherwise expressly provided herein, all notices and other
communications provided for hereunder shall be in writing (including by
facsimile transmission and, subject to subsection (c) below, electronic mail)
and mailed, faxed, sent by electronic mail or delivered, to the address,
facsimile number or electronic mail address specified for notices on Schedule 11.02
or, in the case of any Borrower, the Administrative Agent, or the Issuing
Lender, to such other address as shall be designated by such party in a notice
to the other parties, and in the case of any other party, to such other address
as shall be designated by such party in a notice to the Company, the
Administrative Agent and the Issuing Lender. 
All such notices and other communications shall be deemed to be given or
made upon the earlier to occur of (i) actual receipt by the intended
recipient and (ii) (A) if delivered by hand or by courier, when
signed for by the intended recipient; (B) if delivered by mail, four
Business Days after deposit in the mails, postage prepaid; (C) if
delivered by facsimile, when sent and receipt has been confirmed by telephone;
and (D) if delivered by electronic mail (which form of delivery is subject
to the provisions of subsection (c) below), when delivered; provided,
however, that notices and other communications to the Administrative Agent and
the Issuing Lender pursuant to Section 2 shall be in writing (which
may be by facsimile), except as provided herein and shall not be effective
until actually received by such Person. 
Any notice or other communication permitted to be given, made or confirmed
by telephone hereunder shall be given, made or confirmed by means of a
telephone call to the intended recipient at the number specified on Schedule 11.02,
it being understood and agreed that a voicemail message shall in no event be
effective as a notice, communication or confirmation hereunder.

(b)                                  Effectiveness of Facsimile
Documents and Signatures.  Loan Documents may be
transmitted and/or signed by facsimile. 
The effectiveness of any such documents and signatures shall, subject to
applicable Law, have the same force and effect as manually-signed originals and
shall be binding on all Loan Parties, the Administrative Agent and the
Lenders.  The Administrative Agent may
also require that any such documents and signatures be confirmed by a manually-signed
original thereof; provided, however, that the failure to request or deliver the
same shall not limit the effectiveness of any facsimile document or signature.

(c)                                  Limited Use of Electronic Mail. 
Electronic mail and internet and intranet websites may be used only to
distribute routine communications, subject to the applicable provisions of Section 6.02,
such as financial statements, backlog, projections, management letters,
compliance certificates and other information, and to distribute Loan Documents
for execution by the parties thereto, and may not be used for any other
purpose.

(d)                                  Reliance by Administrative Agent
and Lenders.  The Administrative Agent, each Issuing Lender
and the Lenders shall be entitled to rely and act upon any notices (including
telephonic notices) purportedly given by or on behalf of any Borrower even if
(i) such notices were not made in a manner specified herein, were
incomplete or were not preceded or followed by any other form of notice
specified herein, or (ii) the terms thereof, as understood by the
recipient, varied from any confirmation thereof.  The Borrowers shall indemnify each
Agent-Related Person, each Issuing Lender and each Lender from all losses,
costs, expenses and

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liabilities resulting from the reliance by such Person
on each notice purportedly given by or on behalf of any Borrower.  All telephonic notices to and other
communications with the Administrative Agent may be recorded by the
Administrative Agent, and each of the parties hereto hereby consents to such
recording.

11.03                 No Waiver;
Cumulative Remedies.  No failure to
exercise and no delay in exercising, on the part of the Administrative Agent,
any Issuing Lender 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.

11.04                 Costs and
Expenses.  Each Borrower shall, whether
or not the transactions contemplated hereby shall be consummated:

(a)                                  pay or reimburse Bank of America (including in its
capacity as the Administrative Agent and an Issuing Lender) and Union Bank (in
its capacity as a Syndication Agent and an Issuing Lender) within five Business
Days after demand for all costs and expenses incurred by Bank of America or
Union Bank in connection with the development, preparation, delivery,
administration and execution of, and any amendment, supplement, waiver or modification
to (in each case, whether or not consummated), this Agreement, any Loan
Document and any other documents prepared in connection herewith or therewith,
and the consummation of the transactions contemplated hereby and thereby,
including the reasonable Attorney Costs incurred by Bank of America (including
in its capacity as the Administrative Agent and an Issuing Lender) with respect
thereto;

(b)                                  pay or reimburse each Lender and the Administrative
Agent within five Business Days after demand for all costs and expenses
incurred by them in connection with the enforcement, attempted enforcement, or
preservation of any rights or remedies (including in connection with any “workout”
or restructuring regarding the Loans, and including in any bankruptcy or insolvency
proceeding or appellate proceeding) under this Agreement, any other Loan
Document, and any such other documents, including Attorney Costs incurred by
the Administrative Agent and any Lender; and

(c)                                  during the continuance of an Event of Default, pay or
reimburse Bank of America (including in its capacity as the Administrative
Agent and an Issuing Lender) within five Business Days after demand for all
appraisal (including the allocated cost of internal appraisal services), audit,
environmental inspection and review (including the allocated cost of such
internal services), search and filing costs, fees and expenses, incurred or
sustained by Bank of America (including in its capacity as the Administrative
Agent and an Issuing Lender) in connection with the matters referred to under
Sections (a) and (b) of this Section.

11.05                 Indemnity and
Reimbursements.

(a)                                  In addition to the payment of expenses pursuant to Section 11.04,
each Borrower agrees (i) to indemnify, defend and hold harmless the
Administrative Agent, each Issuing Lender, each Lender and any holder of any
interest in any Notes and the officers, directors, employees, agents, attorneys
and Affiliates of the Administrative Agent, each Lender and such

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holders (the “Indemnitees”) from and against (A) any
and all transfer taxes, documentary taxes, assessments or charges made by any
Governmental Authority by reason of the execution and delivery of this
Agreement and the other Loan Documents or the making of a Loan or Issuance of a
Letter of Credit, and (B) all liabilities, losses, damages, penalties
(except, in the case of tax penalties, amounts imposed as a result of the
unreasonable delay of the Lenders in paying taxes), judgments, suits, claims,
costs and expenses of any kind or nature whatsoever (including, without
limitation, Attorney Costs) which may be imposed on, incurred by or asserted
against such Indemnitee arising out of or in connection with (1) this
Agreement or any Loan Document, the making of any Loan or the Issuance of any
Letter of Credit or any use or intended use of any Loan or Letter of Credit or
the proceeds of any Loan or any Letter of Credit, or (2) any tax penalties
(except amounts imposed as a result of the unreasonable delay of the Lenders in
paying taxes) and interest due the IRS relating to the foregoing (the “Indemnified
Liabilities”), and (ii) to reimburse the Indemnitees, upon their
demand as incurred for any costs or expenses (including, without limitation,
Attorney Costs) incurred in connection with investigating, defending or
preparing to defend or participating (including as a witness) in any
investigative, administrative or judicial proceeding whether or not such
Indemnitee shall be designated a party thereto, whether commenced or
threatened, with respect to any such actual, alleged or threatened liability,
loss, damage, penalty (except, in the case of tax penalties, amounts imposed as
a result of the unreasonable delay of the Lenders in paying taxes), judgment,
suit, claim, cost or expense; 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 a 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 Company or any other Borrower Party
against an Indemnitee for breach in bad faith of such Indemnitee’s obligations
hereunder or under any other Loan Document, if the Company or such other
Borrower Party has obtained a final and nonappealable judgment in its favor on
such claim as determined by a court of competent jurisdiction.

(b)                                  If, for the purposes of obtaining judgment in any
court, it is necessary to convert a sum due hereunder or any other Loan
Document in one currency into another currency, the rate -of exchange used
shall be Spot Rate.  The obligation of
the Borrowers in respect of any such sum due from them shall, notwithstanding
any judgment in a currency (the “Judgment Currency”) other than that in
which such sum is denominated in accordance with the applicable provisions of
the Loan Documents (the “Agreement Currency”), be discharged only to the
extent that the Administrative Agent and the Lenders can purchase the Dollar
Equivalent of the Agreement Currency.  If
the amount of the Agreement Currency so purchased is insufficient, the
Borrowers agree, as a separate obligation and notwithstanding any such
judgment, to indemnify relevant Indemnitees against such loss.  If the Dollar Equivalent of the Agreement
Currency is greater than the amount due, the Lender agrees to return any excess
to the Person who may be entitled thereto.

(c)                                  Each Indemnitee will promptly notify the Company of
each event of which it has knowledge which may give rise to a claim under the
indemnification provisions of this Section 11.05; provided, however,
that the failure to so notify the Company shall in no way impair any Borrower’s
obligations under this Section 11.05.  If any investigative, judicial or
administrative proceeding arising from any of the foregoing is brought against
any Indemnitee

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indemnified or intended to be indemnified pursuant to
this Section 11.05, the Borrowers shall be entitled to participate
in the defense of such action, suit, or proceeding at their own expense.  Unless an Event of Default has occurred and
is continuing, to the extent a Borrower so elects, it may assume such defense
(and by such assumption shall be deemed to have accepted responsibility for any
judgment, settlement, or other liability arising therefrom other than such as
may arise as a result of the gross negligence or willful misconduct of the
Indemnitee), to be conducted by counsel chosen by it, which counsel shall be
satisfactory to such Indemnitee.  Each
Borrower agrees to keep such Indemnitee advised of the status of such defense
and to consult with such Indemnitee prior to taking any material position with
respect thereto.  Such Indemnitee shall,
however, be entitled to employ counsel (including in-house counsel) separate
from the Borrowers and from any other party in such action if such Indemnitee
shall reasonably determine that a conflict of interest exists which makes
representation by counsel chosen by the Borrowers not advisable.  The fees and disbursements of such separate
counsel (including the allocated cost of in-house counsel) shall be paid by the
Borrowers; provided that the Borrowers shall not be required to pay the fees
and disbursements of more than one such separate counsel in any one proceeding
or series of related proceedings.  Such
Indemnitee shall not agree to the settlement of any such claim without the
consent of the Borrowers, unless the Borrowers shall have been given notice of
the commencement of an action and shall have failed to assume or fund the
defense thereof as herein provided or an Event of Default under Section 9.01(f)
or (g) shall have occurred or there shall have been delivered to the
Company notice under Section 9.02(b).  To the extent that the undertaking to indemnify,
pay and hold harmless set forth in the preceding provisions may be of any law
or public policy, the Borrowers shall make the maximum contribution to the
payment and satisfaction of each of the Indemnified Liabilities which is
permissible under Applicable Law.  All
Indemnified Liabilities shall be payable within 10 Business Days after demand.

(d)                                  The obligations of the Borrowers under this Section 11.05
shall survive the termination of this Agreement and the discharge of the
Borrowers’ other obligations hereunder.

11.06                 Marshalling;
Payments Set Aside.  None of the
Administrative Agent, any Issuing Lender or the Lenders shall be under any
obligation to marshal any assets in favor of any Borrower or any other Person
or against or in payment of any or all of the Obligations.  To the extent that any Borrower makes a
payment or payments to the Administrative Agent, any Issuing Lender or the
Lenders, or the Administrative Agent, any Issuing Lender or the Lenders enforce
their Liens or exercise their rights of set-off, and such payment or payments
or the proceeds of such enforcement or set-off or any part thereof are
subsequently invalidated, declared to be fraudulent or preferential, set aside
or required (including pursuant to any settlement entered into by the
Administrative Agent or any Issuing Lender in its discretion) to be repaid to a
trustee, receiver or any other party in connection with any bankruptcy or
insolvency proceeding, 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 enforcement or set-off had not occurred, and
(b) each Lender severally agrees to pay to the Administrative Agent or any
Issuing Lender, as the case may be, upon demand its ratable share of the total
amount so recovered from or repaid by the Administrative Agent.

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11.07                 Successors and
Assigns.  The provisions of this
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns, except that the Borrowers may not
assign or transfer any of their rights or obligations under this Agreement
without the prior written consent of the Administrative Agent, each Issuing
Lender and each Lender.

11.08                 Assignments, Participations,
Etc.

(a)                                  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 Indemnitees) any legal or equitable right, remedy or
claim under or by reason of this Agreement.

(b)                                  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 and the Loans
(including for purposes of this subsection (b), participations in L/C
Obligations) at the time owing to it); provided that (i) except in
the case of an assignment of the entire remaining amount of the assigning
Lender’s Commitment and the Loans at the time owing to it or in the case of an
assignment to a Lender or an Affiliate of a Lender or an Approved Fund with
respect to a Lender, the aggregate amount of the Commitment (which for this
purpose includes Loans outstanding thereunder) 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 unless each of the Administrative Agent and, so long as no
Event of Default has occurred and is continuing, the Company otherwise consents
(each such consent not to be unreasonably withheld or delayed), (ii) 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, (iii) the parties to each
assignment shall execute and deliver to the Administrative Agent an Assignment
and Assumption, together with a processing and recordation fee of $3,500 and
(iv) each Issuing Lender and the Swing Line Lender shall have consented to
such assignment (which consent shall not be unreasonably withheld or delayed).  Subject to acceptance and recording thereof
by the Administrative Agent pursuant to subsection (c) of this Section,
from and after the effective date specified in each Assignment and Assumption,
the Eligible 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 4.01, 4.02 and 4.05 with respect
to facts and circumstances occurring prior to the effective date of such
assignment).  Upon request, the Borrowers
(at their expense) shall execute and deliver new or replacement Notes to the
assigning Lender and 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

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sale by such Lender of a participation in such rights
and obligations in accordance with subsection (d) of this Section.

(c)                                  The Administrative Agent, acting solely for this
purpose as an agent of the Borrowers, shall maintain at the Administrative
Agent’s Office a copy of each Assignment and Assumption delivered to it and a
register for the recordation of the names and addresses of the Lenders, and the
Commitments of, and principal amounts of the Loans and L/C Obligations owing
to, each Lender pursuant to the terms hereof from time to time (the “Register”).  The entries in the Register shall be
conclusive, absent manifest error, and the Borrowers, the Administrative Agent
and the Lenders may treat each Person whose name is recorded in the Register
pursuant to the terms hereof as a Lender hereunder for all purposes of this
Agreement, notwithstanding notice to the contrary.  The Register shall be available for
inspection by the Borrowers and any Lender, at any reasonable time and from
time to time upon reasonable prior notice.

(d)                                  Any Lender may at any time, without the consent of, or
notice to, the Borrowers or the Administrative Agent, sell participations to
any Person (other than a natural person or the Company or any of the Company’s
Affiliates or Subsidiaries (each, a “Participant”) in all or a portion
of such Lender’s rights and/or 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) owing to it); provided that (i) such
Lender’s obligations under this Agreement shall remain unchanged,
(ii) such Lender shall remain solely responsible to the other parties
hereto for the performance of such obligations, and (iii) the Borrowers,
the Administrative Agent and the other Lenders shall continue to deal solely
and directly with such Lender in connection with such Lender’s rights and
obligations under this Agreement.  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 that would
(i) postpone any date upon which any payment of money is scheduled to be
paid to such Participant, (ii) reduce the principal, interest, fees or
other amounts payable to such Participant, (iii) release the Company as a
Guarantor from the Master Guaranty and Intercreditor Agreement or
(iv) release all or substantially all of the Guarantors from liability
under the Master Guaranty and Intercreditor Agreement except in accordance with
this Agreement.  Subject to
subsection (e) of this Section, each Borrower agrees that each Participant
shall be entitled to the benefits of Sections 4.01, 4.02 and
4.05 to the same extent as if it were a Lender and had acquired its
interest by assignment pursuant to subsection (b) of this Section.  To the extent permitted by law, each
Participant also shall be entitled to the benefits of Section 11.09
as though it were a Lender, provided such Participant agrees to be
subject to Section 2.13 as though it were a Lender.

(e)                                  A Participant shall not be entitled to receive any
greater payment under Section 4.01 or 4.02 than the
applicable Lender would have been entitled to receive with respect to the
participation sold to such Participant, unless the sale of the participation to
such Participant is made with the Company’s prior written consent.  A Participant that would be a foreign Person
if it were a Lender shall not be entitled to the benefits of Section 4.01
unless the Company is

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notified of the participation sold to such Participant
and such Participant agrees, for the benefit of the Borrowers, to comply with Section 4.01
as though it were a Lender.

(f)                                    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 Notes, 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)                                 As used herein, the following terms have the following
meanings:

“Eligible Assignee” means (a) a Lender;
(b) an Affiliate of a Lender; (c) an Approved Fund; and (d) any
other Person (other than a natural person) approved by (i) the
Administrative Agent and (ii) unless (A) such Person is taking
delivery of an assignment in connection with physical settlement of a credit
derivative transaction or (B) an Event of Default has occurred and is
continuing, the Company (each such approval not to be unreasonably withheld or
delayed); provided that notwithstanding the foregoing, “Eligible
Assignee” shall not include the Company or any of the Company’s Affiliates or Subsidiaries.

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

“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.

(h)                                 Notwithstanding anything to the contrary contained
herein, if at any time Bank of America or Union Bank assigns all of its
Commitment and Loans pursuant to subsection (b) above, Bank of America or
Union Bank may, upon 15 Business Days’ notice to the Company and the Lenders,
resign as the Swing Line Lender or as an Issuing Lender.  In the event of any such resignation as the
Swing Line Lender or an Issuing Lender, the Company shall be entitled to
appoint from among the Lenders a successor Swing Line Lender or Issuing Lender
hereunder; provided, however, that no failure by the Company to
appoint any such successor shall affect the resignation of Bank of America or
Union Bank as the Swing Line Lender or an Issuing Lender, as applicable.  Bank of America or Union Bank shall retain
all the rights and obligations of the Swing Line Lender or an Issuing Lender
hereunder with respect to all Swing Line Loans or Letters of Credit outstanding
as of the effective date of its resignation as the Swing Line Lender or an
Issuing Lender and all Swing Line Loans or L/C Obligations with respect thereto
(including the right to require the Lenders to make Base Rate Loans or fund
participations pursuant to Section 3.04).

(i)                                    Each Lender agrees to take normal and reasonable
precautions and exercise due care, to maintain the confidentiality of all
information identified as “confidential” by any Borrower and provided to it by
a Borrower or any Subsidiary of any Borrower, or by the

 101
 

Administrative Agent on such Borrower’s or Subsidiary’s
benefit, in connection with this Agreement or any other Loan Document, and
neither it nor any of its Affiliates shall use any such information for any
purpose or in any manner other than pursuant to the terms contemplated by this
Agreement; except to the extent such information (i) was or becomes
generally available to the public other than as a result of a disclosure by the
Lender, or (ii) was or become available on a non-confidential basis from a
source other than a Borrower, provided that such source is not bound by a
confidentiality agreement with any Borrower known to the Lender; provided,
however, that any Lender may disclose such information (A) at the request
or pursuant to any requirement of any Governmental Authority to which the
Lender is subject or in connection with an examination of such Lender by any
such authority; (B) pursuant to subpoena or other court process;
(C) when required to do so in accordance with the provisions of any
Applicable Law; (D) to the extent reasonably required in connection with
any litigation or proceeding to which the Administrative Agent, any Lender or
their respective Affiliates may be party, (E) to the extent reasonably
required in connection with the exercise of any remedy hereunder or under any
other Loan Document, and (F) to such Lender’s independent auditors and
other professional advisors provided such auditors or professional advisors
agree in writing to keep such information confidential to the same extent
required of the Lenders hereunder.  A
Lender, however, shall, to the extent permitted by law, rule or regulation and
as promptly as practicable, notify the Company prior to such disclosure by the
Lender pursuant to subclause (B) above so that the Company may seek, at the
Company’s expense, a protective order or other appropriate remedy.  If, failing the entry of a protective order
or the receipt of a waiver hereunder, the Lender is, on the advice of the
Lender’s counsel, compelled to disclose such confidential information, the
Lender may disclose that portion of the confidential information which the
Lender’s counsel advises that the Lender is compelled to disclose.  Notwithstanding the foregoing, each Borrower
authorizes each Lender to disclose to any Participant, Assignee or counterparty
(or its advisor) to any swap, securitization or derivative transaction
referencing or involving any of the rights or obligations of such Lender under
this Agreement (each, a “Transferee”) and to any prospective Transferee,
such financial and other information in such Lender’s possession concerning any
Borrower or its Subsidiaries which has been delivered to the Administrative
Agent or the Lenders pursuant to this Agreement or which has been delivered to
the Administrative Agent or the Lenders by any Borrower in connection with the
Lender’s credit evaluation of the Borrowers prior to entering into this
Agreement; provided, however, that, unless otherwise agreed by
the Borrowers, such Transferee agrees in writing to such Lender to keep such
information confidential to the same extent required of the Lenders
hereunder.  Notwithstanding anything
herein to the contrary, effective immediately upon commencement of any
discussions regarding the transactions contemplated in this Agreement and any
other Loan Document, confidential information shall not include, and all
parties to this Agreement or any of the Loan Documents (and each employee
representative, or other agent of any such party) may disclose to any and all
Persons without limitation of any kind, any information with respect to the “tax
treatment” and “tax structure” (in each case, within the meaning of Treasury
Regulation Section 1.6011-4) of the transactions contemplated hereby and
all materials of any kind (including opinions or other tax analyses) that are
provided to such party relating to such tax treatment and tax structure; provided
that with respect to any document or similar item that in either case contains
information concerning the tax treatment or tax structure of the transaction as
well as other information, this sentence shall only apply to such portions of
the document or similar item that 

 102
 

relate to the tax treatment or tax structure of the
Loans, Letters of Credit and transactions contemplated hereby.

(j)                                    Each Lender shall promptly notify the Borrowers if it
determines or otherwise treats the Loans and/or its interest in Letters of Credit
as part of a transaction that is subject to Treasury Regulation
Section 301.6112-1.

11.09                 Set-Off.  In addition to any rights and remedies of the
Lenders provided by law, during the continuation of an Event of Default, each
Lender is authorized at any time and from time to time, without prior notice to
any Borrower, any such notice being waived by the Borrowers to the fullest
extent permitted by law, to set off and apply any and all deposits (general or
special, time or demand, provisional or final) at any time held by, and other
indebtedness at any time owing to, such Lender to or for the credit or the
account of any Borrower against any and all Obligations owing to such Lender,
now or hereafter existing, irrespective of whether or not the Administrative
Agent or such Lender shall have made demand under this Agreement or any Loan
Document and although such Obligations may be contingent or unmatured.  Each Lender agrees promptly to notify the
Company 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.  The rights of each Lender under this Section 11.09
are in addition to the other rights and remedies (including other rights of
set-off) which the Lender may have.

11.10                 Notification of
Addresses, Lending Offices, Etc. 
Each Lender shall notify the Administrative Agent in writing of any
changes in the address to which notices to the Lender should be directed, of
addresses of its Lending Office, of payment instructions in respect of all
payments to be made to it hereunder and of such other administrative
information as the Administrative Agent shall reasonably request.

11.11                 Counterparts.  This Agreement may be executed by one or more
of the parties to this Agreement in any number of separate counterparts, each
of which, when so executed, shall be deemed an original, and all of such
counterparts taken together shall be deemed to constitute but one and the same
instrument.  A set of the copies of this
Agreement signed by all the parties shall be lodged with the Company and the
Administrative Agent.

11.12                 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.

11.13                 No Third Parties
Benefited.  This Agreement is made
and entered into for the sole protection and legal benefit of the Borrowers,
the Lenders, the Issuing Lenders and the Administrative Agent, and their
permitted successors, assignees and participants, and no other Person shall be
a direct or indirect legal beneficiary of, or have any direct or indirect cause
of

 103
 

action or claim in
connection with, this Agreement or any of the other Loan Documents. None of the
Administrative Agent, any Issuing Lender, or any Lender shall have any
obligation to any Person not a party to this Agreement or other Loan Documents.

11.14                 Time.  Time is of the essence as to each term or
provision of this Agreement and each of the other Loan Documents.

11.15                 Governing Law and
Jurisdiction.

(a)                                  THIS AGREEMENT AND ANY NOTES SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK EXCEPT, IN THE
CASE OF SECTION 3, TO THE EXTENT THAT SUCH LAWS ARE INCONSISTENT
WITH THE UCP; PROVIDED THAT ADMINISTRATIVE AGENT AND THE LENDERS SHALL RETAIN
ALL RIGHTS ARISING UNDER FEDERAL LAW.

(b)                                  ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS
AGREEMENT AND ANY OTHER LOAN DOCUMENTS MAY BE BROUGHT IN THE COURTS OF THE
STATE OF NEW YORK OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW
YORK, AND BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH OF THE BORROWERS,
THE ADMINISTRATIVE AGENT, EACH ISSUING LENDER AND THE LENDERS CONSENTS, FOR
ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF
THOSE COURTS.  EACH OF THE BORROWERS, THE
ADMINISTRATIVE AGENT, EACH ISSUING LENDER AND THE LENDERS IRREVOCABLY WAIVES
ANY OBJECTION, INCLUDING 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 ACTION OR PROCEEDING IN SUCH JURISDICTION IN RESPECT OF THIS
AGREEMENT OR ANY DOCUMENT RELATED HERETO. 
THE BORROWERS, THE ADMINISTRATIVE AGENT, EACH ISSUING LENDER AND THE
LENDERS EACH WAIVE PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT OR OTHER PROCESS,
WHICH MAY BE MADE BY ANY OTHER MEANS PERMITTED BY NEW YORK LAW.

11.16                 Waiver of Jury
Trial.  THE BORROWERS, THE LENDERS,
EACH ISSUING LENDER AND THE ADMINISTRATIVE AGENT EACH WAIVE THEIR RESPECTIVE
RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING
OUT OF OR RELATED TO THIS AGREEMENT, THE OTHER LOAN DOCUMENTS, OR THE
TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY, IN ANY ACTION, PROCEEDING OR OTHER
LITIGATION OF ANY TYPE BROUGHT BY ANY OF THE PARTIES AGAINST ANY OTHER PARTY OR
PARTIES, WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS, OR
OTHERWISE.  THE BORROWERS, THE LENDERS,
THE ISSUING LENDERS AND THE ADMINISTRATIVE AGENT EACH AGREE THAT ANY SUCH CLAIM
OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A JURY. WITHOUT
LIMITING THE FOREGOING, THE PARTIES FURTHER AGREE THAT THEIR RESPECTIVE RIGHTS
TO A TRIAL BY JURY ARE WAIVED BY OPERATION OF THIS SECTION AS TO ANY ACTION,
COUNTERCLAIM OR OTHER PROCEEDING WHICH SEEKS, IN WHOLE OR

 104
 

IN PART, TO CHALLENGE THE
VALIDITY OR ENFORCEABILITY OF THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS OR ANY
PROVISION HEREOF OR THEREOF. THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT
AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT AND THE
OTHER LOAN DOCUMENTS.

11.17                 Entire Agreement.  This Agreement, together with the other Loan
Documents, embodies the entire agreement and understanding among the Borrowers,
the Lenders, the Issuing Lenders and the Administrative Agent, and supersedes
all prior or contemporaneous agreements and understandings of such Persons,
verbal or written, relating to the subject matter hereof and the letters
referenced in Section 2.09(b) and any prior arrangements made with
respect to the payment by the Borrowers of (or any indemnification for) any
fees, costs or expenses payable to or incurred (or to be incurred) by or on
behalf of the Administrative Agent, each Issuing Lender or the Lenders.

11.18                 Obligations Several and Not
Joint; Certain Waivers.

(a)                                  The obligations of the Borrowers (except in their
capacity, if any, as a Guarantor under the Master Guaranty and Intercreditor
Agreement) under this Agreement are several and not joint.

(b)                                  Each Borrower agrees that neither the Administrative
Agent nor any Lender shall have any responsibility to inquire into the
apportionment, allocation or disposition of the proceeds of any Credit
Extension as among the Borrowers.

(c)                                  Each Borrower hereby irrevocably appoints each other
Borrower as its agent and attorney-in-fact for all purposes of the Loan
Documents, including, without limitation, the giving and receiving of notices
and other communications, the making of requests for, or conversions or
continuations of, Loans, Letters of Credit, the execution and delivery of
certificates and the receipt and allocation of disbursements from the Lenders.

(d)                                  Each Borrower acknowledges that the handling of this
credit facility as one facility as set forth in this Agreement is solely an
accommodation to the Borrowers and is done at their request.  Each Borrower agrees that neither the
Administrative Agent nor any Lender shall incur any liability to any Borrower
as a result thereof.  To induce the
Administrative Agent and the Lenders to enter into this Agreement, and in
consideration thereof, each Borrower hereby agrees to indemnify the
Administrative Agent and each Lender and hold such entity harmless from and
against any and all liabilities, expenses, losses, damages and/or claims of
damage or injury asserted against such entity by any Borrower or by any other
Person arising from or incurred by reason of the structuring of this credit
facility as herein provided, reliance by the Administrative Agent or the
Lenders on any requests or instructions from any Borrower, or any other action
taken by the Administrative Agent or a Lender hereunder.  This Section shall survive termination of
this Agreement.

(e)                                  Each Borrower represents and warrants to the
Administrative Agent and the Lenders that (i) it has established adequate
means of obtaining from each other Borrower on a continuing basis financial and
other information pertaining to the business, operations and

 105
 

condition (financial and otherwise) of each other
Borrower and its respective property, and (ii) each Borrower now is and
hereafter will be completely familiar with the business, operations and
condition (financial and otherwise) of each other Borrower and its
property.  Each Borrower hereby waives
and relinquishes any duty on the part of the Administrative Agent or any Lender
to disclose to such Borrower any matter, fact or thing relating to the
business, operations or condition (financial or otherwise) of any other
Borrower, or the property of any other Borrower, whether now or hereafter known
by the Administrative Agent or any Lender during the life of this Agreement.

(f)                                    Each Borrower acknowledges that its Obligations may
derive from value provided directly to another Person and, in full recognition
of that fact, each Borrower consents and agrees that the Administrative Agent
and any Lender may, at any time and from time to time, without notice to,
demand on, or the agreement of, such Borrower, and without affecting the
enforceability or security of the Loan Documents:

(i)                                     with the agreement of each other
Borrower, supplement, modify, amend, extend, renew, accelerate or change the
terms of the Obligations, or otherwise change the time for payment of the
Obligations or any part thereof, including increasing or decreasing the rate of
interest thereon;

(ii)                                  with the agreement of each other
Borrower, supplement, modify, amend or waive, or enter any agreement, approval
or consent with respect to, the Obligations or any part thereof or any of the
Loan Documents or any additional security or guaranties, or any condition,
covenant, default, remedy, right, representation or term thereof or thereunder;

(iii)                               with the agreement of each other
Borrower, accept new or additional instruments, documents or agreements in
exchange for, or relative to, any. of the Loan Documents or the Obligations or
any part thereof;

(iv)                              accept partial payments on the
Obligations;

(v)                                 with the agreement of each other
Borrower, receive and hold additional security or guaranties for the
Obligations or any part thereof;

(vi)                              release, reconvey, terminate, waive,
abandon, subordinate, exchange, substitute, transfer and enforce any security
or guaranties, and apply any security and direct the order or manner of sale
thereof as the Administrative Agent or any Lender in its sole and absolute
discretion may determine;

(vii)                           release any party or any guarantor from
any personal liability with respect to the Obligations or any part thereof;

(viii)                        settle, release on terms satisfactory to
the Administrative Agent or such Lender and each other Borrower, or by
operation of Applicable Law or otherwise liquidate or enforce any Obligations
and any security or guaranty in any manner, consent to the transfer of any
security and bid and purchase at any sale; and/or

 106
 

(ix)                                consent to the merger, change or any
other restructuring or termination of the corporate existence of each other
Borrower or any other Person, and correspondingly restructure the Obligations,
the continuing existence of any Lien under any other Loan Document to which any
Borrower is a party or the enforceability hereof or thereof with respect to all
or any part of the Obligations.

(g)                                 Each Borrower expressly waives any right to require
the Administrative Agent or any Lender to marshal assets in favor of any
Borrower or any other Person or to proceed against any other Borrower or any
other Person or any other Person, and agrees that the Administrative Agent and
any Lender may proceed against Borrowers in such order as they shall determine
in their sole and absolute discretion. 
The Administrative Agent and any Lender may file a separate action or
actions against any Borrower, whether action is brought or prosecuted with
respect to any other security or against any other Person, or whether any other
Person is joined in any such action or actions. 
Each Borrower agrees that the Administrative Agent or any Lender and
any. other Borrower may deal with each other in connection with the Obligations
or otherwise, or alter any contracts or agreements now or hereafter existing
between any of them, in any manner whatsoever, all without in any way altering
or affecting the obligations of such Borrower under the Loan Documents.

(h)                                 Each Borrower expressly waives any and all defenses
now or hereafter arising or asserted by reason of (i) any disability or
other defense of any other Borrower or any other Person with respect to any
Obligations, (ii) the unenforceability or invalidity as to any other
Borrower or any other Person of the Obligations, (iii) the
unenforceability or invalidity of any security or guaranty for the Obligations
or the lack of perfection or continuing perfection or failure of priority of
any security for the Obligations, (iv) the cessation for any cause
whatsoever of the liability of any other Borrower or any other Person (other
than by reason of the full payment and performance of all Obligations),
(v) to the extent permitted by law, any failure of the Administrative
Agent or any Lender to give notice of sale or other disposition to any Borrower
or any defect in any notice that may be given in connection with any sale or
disposition, (vi) to the extent permitted by law, any failure of the
Administrative Agent or any Lender to comply with applicable laws in connection
with the sale or other disposition of any security for any Obligation,
including, without limitation, any failure of the Administrative Agent or any
Lender to conduct a commercially reasonable sale or other disposition of any
security for any obligation, (vii) any act or omission of the
Administrative Agent or any Lender or others that directly or indirectly
results in or aids the discharge or release of any Borrower or any other Person
or the Obligations or any other security or guaranty therefore by operation of
law or otherwise, (viii) any failure of the Administrative Agent or any
Lender to file or enforce a claim in any bankruptcy or other proceeding with
respect to any other Borrower, (ix) the election by the Administrative
Agent or any Lender, in any bankruptcy proceeding of any other Borrower, of the
application or non-application of Section 1111 (b)(2) of the United States
Bankruptcy Code, (x) any extension of credit or the grant of any Lien
under Section 364 of the United States Bankruptcy Code in connection with
the bankruptcy of any other Borrower, (xi) any use of cash collateral
under Section 363 of the United States Bankruptcy Code, or (xii) any
agreement or stipulation with any other Borrower with respect to the provision
of adequate protection in any bankruptcy proceeding of any Person.

 107
 

(i)                                    Notwithstanding anything to the contrary elsewhere
contained herein or in any other Loan Document to which any Borrower is a
party, each Borrower hereby subordinates and agrees not to assert prior to the
full payment and performance of the Obligations with respect to each other
Borrower and their respective successors and assigns (including any surety) and
any other party any and all rights at law or in equity to subrogation, to
reimbursement, to exoneration, to contribution, to setoff or to any other
rights that could accrue to a surety against a principal, to a guarantor
against a maker, to an accommodation party against the party accommodated, or
to a holder or transferee against a maker and which any Borrower may have or
hereafter acquire against each other Borrower or any other party in connection
with or as a result of the Borrowers’ execution, delivery and/or performance of
this Agreement or any other Loan Document to which any Borrower is a
party.  Each Borrower agrees that it
shall not have or assert any such rights against one another or their
respective successors and assigns or any other party (including any surety),
either directly or as an attempted setoff to any action commenced against any
Borrower by another Borrower (as borrower or in any other capacity) or any
other party.  Each Borrower hereby
acknowledges and agrees that this waiver is intended to benefit the Lenders and
shall not limit or otherwise affect the Borrowers’ liability hereunder, under
any other Loan Document to which any Borrower is a party, or the enforceability
hereof or thereof.

11.19                 USA PATRIOT Act
Notice.  Each Lender that is subject
to the Act (as hereinafter defined) and the Administrative Agent (for itself
and not on behalf of any Lender) hereby notifies the Borrowers that pursuant to
the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed
into law October 26, 2001) (the “Act”), it is required to obtain, verify
and record information that identifies each Borrower Party, which information
includes the name and address of each Borrower Party and other information that
will allow such Lender or the Administrative Agent, as applicable, to identify
each Borrower Party in accordance with the Act.

[Rest of page intentionally left
blank; signature page follows]

 108

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed and delivered as of the date first set forth above.

	
  

  	
  The Company:

  
	
   

  	
   

  
	
   

  	
  AECOM TECHNOLOGY CORPORATION,

  
	
   

  	
  a Delaware corporation

  
	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ ERIC CHEN

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Eric Chen

  	
   

  
	
   

  	
  Title:

  	
   

  	
  SVP, Corporate Finance & General Counsel

  
							

 

 S-1
 

 

	
  

  	
  BANK OF AMERICA, N.A.,

  
	
   

  	
  as Administrative Agent

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ BRENDA H. LITTLE

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Brenda H. Little

  	
   

  
	
   

  	
  Title:

  	
   

  	
  AVP/Agency Mgt. Officer

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  BANK OF AMERICA, N.A.,

  
	
   

  	
  as an Issuing Lender, the Swing Line Lender 

  
	
   

  	
  and a Lender

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ G. SCOTT LAMBERT

  	
   

  
	
   

  	
  Name:

  	
   

  	
  G. Scott Lambert

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
								

 

 S-2
 

 

	
  

  	
  UNION BANK OF CALIFORNIA, N.A.,

  
	
   

  	
  as a Syndication Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ ROBERT PETERSEN

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Robert Petersen

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Senior Vice President

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  UNION BANK OF CALIFORNIA, N.A.,

  
	
   

  	
  as an Issuing Lender and a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ ROBERT PETERSEN

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Robert Petersen

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Senior Vice President

  	
   

  
									

 

 S-3
 

 

	
  

  	
  WELLS FARGO BANK, N.A.,

  
	
   

  	
  as a Syndication Agent

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ LING LI

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Ling Li

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK, N.A.,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ LING LI

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Ling Li

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
								

 

 S-4
 

 

	
  

  	
  BMO CAPITAL MARKETS FINANCING,

  
	
   

  	
  INC., as a Syndication Agent and a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JOHN ARMSTRONG

  	
   

  
	
   

  	
  Name:

  	
   

  	
  John Armstrong

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  HARRIS N.A., as an Issuing Lender

  
	
   

  	
  (solely with respect to Existing Letters of

  
	
   

  	
  Credit Issued by Harris N.A.)

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JOHN ARMSTRONG

  	
   

  
	
   

  	
  Name:

  	
   

  	
  John Armstrong

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
									

 

 S-5
 

 

	
  

  	
  BNP PARIBAS,

  
	
   

  	
  as a Syndication Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ KATHERINE WOLFE

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Katherine Wolfe

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Managing Director

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ SANDY BERTRAM

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Sandy Bertram

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  BNP PARIBAS,

  
	
   

  	
  as an Issuing Lender and a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ KATHERINE WOLFE

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Katherine Wolfe

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Managing Director

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ SANDY BERTRAM

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Sandy Bertram

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
	
   

  
								

 

 S-6
 

 

	
  

  	
  HSBC BANK USA, NATIONAL

  
	
   

  	
  ASSOCIATION,

  
	
   

  	
  as an Issuing Lender and a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ BRYAN DEBROKA

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Bryan DeBroka

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
							

 

 S-7
 

 

	
  

  	
  SUMITOMO MITSUI BANKING

  
	
   

  	
  CORPORATION,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ YOSHIHIRO HYAKUTOME

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Yoshihiro Hyakutome

  	
   

  
	
   

  	
  Title:

  	
   

  	
  General Manager

  	
   

  
								

 

 S-8

 

	
  

  	
  U.S. BANK NATIONAL ASSOCIATION,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CONAN SCHLEICHER

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Conan Schleicher

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
							

 

 S-9
 

 

	
  

  	
  WACHOVIA BANK, NATIONAL

  
	
   

  	
  ASSOCIATION,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ STENDER SWEENEY

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Stender Sweeney

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Senior Vice President

  	
   

  
							

 

 S-10
 

 

	
  

  	
  THE BANK OF NOVA SCOTIA,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CHRIS OSBORN

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Chris Osborn

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Managing Director

  	
   

  
							

 

 S-11
 

 

	
  

  	
  BARCLAYS BANK PLC,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ OLIVER CORDELL

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Oliver Cordell

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Associate Director

  	
   

  
							

 

 S-12
 

 

	
  

  	
  JPMORGAN CHASE BANK, N.A.,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CLARA SOHAN

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Clara Sohan

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
							

 

 S-13
 

 

	
  

  	
  COMERICA BANK,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ ELISE M. WALKER

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Elise M. Walker

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
							

 

 S-14
 

 

	
  

  	
  FORTIS CAPITAL CORP.,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ GILL DICKSON

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Gill Dickson

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Director

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ DANIEL M. JAFFE

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Daniel M. Jaffe

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
								

 

 S-15
 

 

	
  

  	
  ARAB BANKING CORPORATION (B.S.C.),

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ ROBERT IVOSEVICH

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Robert Ivosevich

  	
   

  
	
   

  	
  Title:

  	
   

  	
  General Manager

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ RAMI EL-RIFAI

  	
   

  
	
   

  	
  Name:

  	
   

  	
  Rami El-Rifai

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
							

 

 S-16
 

 

	
  

  	
  THE NORTHERN TRUST COMPANY,

  
	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JOHN E. BURDA

  	
   

  
	
   

  	
  Name:

  	
   

  	
  John E. Burda

  	
   

  
	
   

  	
  Title:

  	
   

  	
  Vice President

  	
   

  
							

 

 S-17Exhibit
10.2

FIRST
AMENDMENT TO TERM CREDIT AGREEMENT

THIS FIRST AMENDMENT TO TERM CREDIT AGREEMENT (this “Amendment”),
dated as of August 31, 2007, is entered into by and among Maunsell HK Holdings,
Ltd., a limited company organized under the laws of Hong Kong, Faber Maunsell
Limited, a limited company organized under the laws of the United Kingdom,
W.E. Bassett & Partners Pty. Ltd., a limited company organized under
the laws of Australia, Maunsell Group Limited, a limited company organized under
the laws of New Zealand, and Maunsell Australia Pty Ltd., a limited company
organized under the laws of Australia (each, a “Borrower” and
collectively, the “Borrowers”), the several financial institutions
identified on the signature pages hereto (hereinafter collectively referred to
as the “Lenders” and individually as a “Lender”), Union Bank of
California, N.A., as administrative agent (the “Administrative Agent”)
and Bank of Montreal, acting under its trade name BMO Capital Markets, as the
syndication agent (the “Syndication Agent”), with reference to the
following facts:

RECITALS

A.            The Borrowers, the
Lenders, the Administrative Agent and the Syndication Agent are parties to the
Term Credit Agreement dated as of September 22, 2006 (the “AJCA Credit
Agreement”), pursuant to which the Lenders provided a term credit facility
to the Borrowers in the original principal amount of $65,000,000, a portion of
the proceeds of which were used by the Borrowers to finance the payment of a
cash dividend to the Parent in connection with the repatriation of
undistributed earnings of certain of the Borrowers under the American Jobs
Creation Act of 2004.

B.            Several of the
covenants, definitions and other provisions of the AJCA Credit Agreement are
based upon and derived from the related and substantially identical covenants,
definitions and provisions of that certain Amended and Restated Credit
Agreement dated as of September 22, 2006 by and among the Parent, the
Subsidiary Borrowers identified therein, Union Bank of California, N.A., as
administrative agent, and the lenders identified therein (the “Existing
Parent Credit Agreement”).

C.            The Parent intends to
amend and restate the Existing Parent Credit Agreement by entering into a
Second Amended and Restated Credit Agreement of even date herewith by and among
the Parent, the Subsidiary Borrowers identified therein, Bank of America, N.A.,
as administrative agent, and the lenders identified therein (the “Amended
Parent Credit Agreement”).

D.            The parties wish to
amend the AJCA Credit Agreement so that its covenants, definitions and other
provisions will conform to the related provisions of the Amended Parent Credit
Agreement.

NOW, THEREFORE, the parties
hereby agree as follows:

1.             Defined Terms.  Any and all initially-capitalized terms used
in this Amendment (including, without limitation, in the recitals to this
Amendment) without definition shall have the respective meanings assigned
thereto in the AJCA Credit Agreement.

2.             Amendments to Definitions.

A.            Amendments
to Existing Definitions.  Section
1.01 of the AJCA Credit Agreement is hereby amended such that the following
existing definitions shall read in full as follows:

“‘Affiliate’
means, with respect to a Person, any other Person that, directly or indirectly
through one or more intermediaries, controls, or is controlled by, or is under
common control with, such first Person. 
The term “control” means the possession, directly or indirectly, of the
power, whether or not exercised, (a) to vote more than thirty-five
percent (35%) of the securities having voting power for the election of
directors of such Person, or (b) to direct or cause the direction of the
management or policies of a Person, whether through the ownership of voting
securities or other equity interests, by contract or otherwise, and the terms “controlled”
and “common control” shall have correlative meanings.  Notwithstanding the foregoing provisions of
this definition, in no event shall the trustee under any Plan, any Lender or
the Administrative Agent be deemed to be an Affiliate of the Parent or any of
its Subsidiaries.”

“‘Consolidated EBITDA’
means for any measurement period, an amount equal to the sum  of
(a) Consolidated Net Income for such period, plus
(b) Consolidated Interest Expense for such period, plus
(c) 100% of the principal contributions for such period accrued for stock
match programs for employees, consultants and Directors for purchases of the
Parent’s Capital Stock, plus (d) the amount of Taxes expensed,
based on or measured by income, used or included in the determination of
Consolidated Net Income for such period, plus (e) the amount of
depreciation and amortization expense deducted in determining Consolidated Net
Income for such period, plus (f) extraordinary losses included in the
determination of Consolidated Net Income for such period, plus
(g) non-cash expenses associated with the Senior Executive Equity
Investment Program and other accrual of stock-based compensation expense
(including stock appreciation rights) for such period, minus
(h) extraordinary gains included in the determination of Consolidated Net
Income for such period, minus (i) non-cash interest income
associated with the Senior Executive Equity Investment Program for such period;
provided, however, that with respect to a Subsidiary acquired
within such measurement period or any proposed Investment pursuant to Section 8.04(i),
the Parent may also include items (a) through (g) above for such
acquired Subsidiary or such proposed Investment for the entire measurement
period in Consolidated EBITDA for the measurement period to the extent that
either:

(A)          the
Parent has provided to the Administrative Agent (1) financial statements
for that entity for the portion of such measurement period occurring prior to
its acquisition or proposed acquisition, and (2) the most recent year-end
audited financial statements for that entity (which audited statements must be
as of a date occurring within five fiscal quarters prior to the acquisition
date (even if such date is prior to the measurement period and, therefore, such
audited statements are not actually used in computing Consolidated EBITDA for
such measurement period)); or

(B)           if
the Parent has not provided to the Administrative Agent the audited financial
statements for the entity described in clause (A)(2) above, but the Parent
has provided to the Administrative Agent the financial statements for that
entity described in clause (A)(1) above and the most recent unaudited 

 2
 

financial statements for
the entity (which unaudited financial statements must satisfy the timing
requirements described in the parenthetical reference in clause (A)(2)
above), provided  that the Parent may not include pursuant to this
clause (B) more than $15,000,000 of the net sum of items (a) through
(g) above for any single such acquisition or investment, nor more than
$30,000,000 of the net sum of items (a) through (g) above in the aggregate
for all such acquisitions or investments made in any consecutive twelve-month
period.”

“‘Consolidated
Interest Expense’ means, for any period, total interest expense of the
Parent and its Subsidiaries on a consolidated basis accrued in that period as
shown in the Parent’s profit and loss statement for that period, determined in
accordance with GAAP, including commitment fees owed with respect to the
unused portion of the Commitments, other fees hereunder, charges in respect of
Financial Letters of Credit (as defined in the Parent Credit Agreement), the
portion of any Capitalized Lease Obligations allocable to interest expense, but
excluding (i) amortization, expensing or write-off of financing
costs or debt discount or expense, (ii) amortization, expensing or
write-off of capitalized private equity transaction costs, to the extent such
costs are treated as interest under GAAP, (iii) make-whole charges in the
aggregate amount of $3,200,000 incurred by the Company in the third Fiscal
Quarter of its Fiscal Year 2007, and (iv) the portion of the upfront costs
and expenses for Swap Contracts (to the extent included in interest expense)
fairly allocated to such Swap Contracts as expenses for such period, less
interest income on Swap Contracts for that period and Swap Contracts payments
received.”

“‘Consolidated Net
Worth’ means, at any date, the consolidated stockholders’ equity of the
Parent and its Subsidiaries determined in accordance with GAAP, plus
redeemable Common Stock and Common Stock Units shown on the Parent’s
consolidated balance sheet, plus an amount equal to the principal amount
of issued and outstanding Preferred Stock of the Parent.”

“‘Fixed Charge
Coverage Ratio’ means, as of the last day of any Fiscal Quarter, the ratio
of (A) Consolidated EBITDA for the last four Fiscal Quarters minus
Capital Expenditures for the last four Fiscal Quarters to (B) the sum of
(i) Consolidated Interest Expense during such period, (ii) the
current portion (i.e. the portion due and payable within the next twelve
months) of long-term, interest-bearing indebtedness (meaning for this purpose
only, the current portion of long term debt owing to banks, insurance companies,
other financial institutions, and notes issued by the Company or any of its
Subsidiaries to shareholders in conjunction with an acquisition),
(iii) income taxes paid during the preceding four Fiscal Quarters and
(iv) cash dividends paid on the Capital Stock of the Parent.”

“‘Indebtedness’
means, with respect to any Person, the aggregate amount of, without
duplication:  (a) all obligations
for borrowed money; (b) all obligations evidenced by bonds, debentures,
notes or other similar instruments; (c) all obligations to pay the
deferred purchase price of property or services, except trade accounts payable
arising in the ordinary course of business; (d) all Capitalized Lease
Obligations; (e) all obligations or liabilities of others secured by a Lien
on any asset owned by such Person or Persons whether or not such obligation or
liability is assumed; (f) all obligations of such Person or Persons,
contingent or otherwise, in respect of any letters of credit (other than
performance letters of credit) or bankers’ acceptances; (g) all net
obligations with respect to Swap Contracts; and (h) all Contingent
Obligations (other than performance letters of credit); provided, that
Indebtedness shall not include (i) indebtedness 

 3
 

or other
liabilities in an aggregate amount not to exceed $25,000,000 owing to
shareholders pursuant to employee stock repurchase contracts as in effect on
the Closing Date under (and as defined in) the Parent Credit Agreement in
connection with purchases of the Parent’s Capital Stock by the Parent consistent
with prior business practices, (ii) indebtedness of Joint Ventures of
which the Parent or any of its Subsidiaries is a member to the extent such
indebtedness is non-recourse (whether expressly, by operation of law or
otherwise) to the Parent or such Subsidiary or its assets, (iii) an amount
equal to the lesser of (A) the principal amount of Indebtedness supported
by letters of credit, and (B) the face amount of such letters of credit,
and (iv) the liquidation preference of any Preferred Stock.”

“‘Investment’
means, as applied to any Person, any direct or indirect purchase or other
acquisition by that Person of stock or securities, or any beneficial interest
in stock or other securities, of any other Person, any partnership interest
(whether general or limited) in any other Person, or all or any substantial
part of the business or assets of any other Person, or any direct or indirect
loan, advance or capital contribution by that Person to any other Person,
including all indebtedness and accounts receivable from that other Person which
are not current assets or did not arise from sales or the provision of services
to that other Person in the ordinary course of business.  The amount of any Investment shall be the original
cost of such Investment plus the cost of all additions thereto, without any
adjustments for increases or decreases in value, or write-ups, write-downs or
write-offs with respect to such Investment.”

“‘IPO’ means the
initial public offering of 40,422,500 shares of Common Stock of the Parent,
which closed on May 15, 2007.”

“‘Net Cash
Proceeds’ means, with respect to any Asset Disposition, without
duplication, the sum of:

(a)           the
cash and cash equivalent proceeds received by or for the account of the Parent
or any of its Subsidiaries attributable to such Asset Disposition;

(b)           the
amount of cash and cash equivalents received by or for the account of the
Parent or any of its Subsidiaries upon the sale, conversion, collection or
other liquidation of any Non-Cash Proceeds attributable to such Asset
Disposition (but only as and when so received); and

(c)           the
amount of cash and cash equivalents in respect of any run-off of receivables
less payments on associated liabilities, in each case retained in connection
with an Asset Disposition constituting a sale of all or substantially all of
the other assets or a line of business of the Person making the disposition
(but only as and when so received);

in each case net of any amount required to be paid to
any Person (other than the Parent or any of its Subsidiaries) owning a
beneficial interest in the stock or other assets disposed of, any amount
applied to the repayment of Indebtedness (other than the Obligations) secured
by a Lien permitted under Section 8.01 on the asset disposed of,
any income or transfer taxes paid or payable as a result of such Asset
Disposition and professional fees and expenses, broker’s commissions and other
out-of-pocket costs of sale actually paid to any Person (other than the Parent
or any of its Subsidiaries) attributable to such Asset Disposition.”

 4
 

“‘Parent Credit
Agreement’ means the Second Amended and Restated Credit Agreement dated as
of August 31, 2007 by and among the Parent, the Subsidiary Borrowers from time
to time parties thereto, the Lenders from time to time parties thereto, Bank of
America, N.A., as the Administrative Agent, a Letter of Credit Issuer and the
Swing Line Lender, and Union Bank of California, N.A., as a Syndication Agent
and a Letter of Credit Issuer.”

“‘Person’ means an
individual, a corporation, a partnership, a trust, a limited liability company,
an unincorporated organization or any other entity or organization, including a
government or any agency or political subdivision thereof and, for the purpose
of the definition of “ERISA Affiliate,” a trade or business.”

“‘Preferred Stock’
means any class of preferred stock of the Parent.”

“‘Responsible Officer’
means the chief executive officer, the vice chairman, the president or the
chief financial officer, controller, assistant controller, treasurer, assistant
treasurer, general counsel, chief administrative officer or any other officer
or employee of the applicable Borrower Party so designated by any of the
foregoing officers in a notice to the Administrative Agent.”

“‘Solvent’
means with respect to any Person that:

(a)           the
total present fair value and fair salable value of such Person’s assets on a
going concern basis is in excess of the total amount of such Person’s probable
liabilities, including contingent liabilities (which shall be valued based on
reasonably expected liability);

(b)           such
Person is able to pay its liabilities and contingent liabilities as they become
due; and

(c)           such Person does not
have unreasonably small capital with which to engage in such Person’s business
as theretofore operated and as proposed to be operated.”

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

“‘Subordinated
Debt’ means any Indebtedness hereafter incurred subordinated to the
Obligations and with subordination terms (i) approved in advance in
writing by all Lenders, if such Indebtedness matures prior to the Termination
Date under (and as defined in) the Parent Credit Agreement, or (ii) approved
in advance in writing by the Majority Lenders, if such Indebtedness matures
after the Termination Date under (and as defined in) the Parent Credit
Agreement, in either case, with such approval not to be unreasonably withheld
or delayed.”

 5
 

B.            Deletion of Existing
Definitions.  Section 1.01 of
the AJCA Credit Agreement is hereby further amended by deleting therefrom the
definitions of “Class F Preferred Stock”, “Class G Preferred Stock”
and “Permitted Chinese Stock”.

C.            Addition of
Definition of “Permitted Acquisition”. 
Section 1.01 of the AJCA Credit Agreement is hereby further
amended and supplemented by adding therein a new definition of “Permitted
Acquisition” as follows:

“‘Permitted
Acquisition’ means an Investment by the Parent or any of its Subsidiaries
in substantially all of the assets or a controlling interest in the Capital
Stock of another Person engaged in the same or a substantially similar line of
business as that of the Company or such Subsidiary (the ‘Acquired Person’), provided
that: (i) such Investment shall have been approved by the board of
directors (or other applicable management body) of the Acquired Person; (ii)
prior to the consummation of such Investment, the Parent shall provide the
Administrative Agent with a certification (A) stating that, after giving pro
forma effect to the consummation of such Investment, no Default or Event of
Default shall have occurred and be continuing, and (B) if such Investment
exceeds $50,000,000, attaching pro forma balance sheets and projections in form
and substance reasonably acceptable to the Administrative Agent demonstrating
on a pro forma basis that the Borrowers shall continue to be in compliance with
the financial covenants set forth in Section 8.05 and with all
other provisions of the Loan Documents immediately following the consummation
of such Investment.”

3.             Amendment
to Default Interest Rate Provision. 
Section 2.06(c) of the AJCA Credit Agreement is hereby
amended by deleting the words “While any Event of Default exists or after
acceleration,” and by substituting therefor the words “While (i) any Event of
Default exists under Section 9.01(a), or (ii) following the occurrence
and during the continuation of any other Event of Default in consequence of
which the Majority Lenders have elected to assess interest on the Obligations
at such rate.”

4.             Amendments
to Increased Costs and Reduction of Return Provision.

A.            Section 4.02(a)
of the AJCA Credit Agreement is hereby amended by deleting the words “on
demand,” appearing on the eighth (8th) line thereof, and by substituting
therefor the words “within 10 Business Days after demand”.

B.            Section 4.02(b)
of the AJCA Credit Agreement is hereby amended by deleting the words “as
specified” from the twelfth (12th) line thereof and substituting therefor the
words “in each case within 10 Business Days after demand”.

5.             Amendment
to Full Disclosure Provision. 
Section 6.18 of the AJCA Credit Agreement is hereby amended by
deleting the period at the end of such Section and adding a semicolon and the
following proviso to the end of such Section:

“provided
that, with respect to projected financial information, such Borrower represents
only that such information was prepared in good faith based upon assumptions
believed to be reasonable at the time.”

 6
 

6.             Amendments
to Financial Reporting Requirements.

A.            Amendment to
Annual Financial Statement Delivery Requirement.  Section 7.01 of the AJCA
Credit Agreement is hereby amended to read in full as follows:

“7.01      Financial
Statements.  The  Administrative  Borrower shall deliver to the Administrative Agent, with
sufficient copies for each Lender, as soon as practicable and in any event
within 90 days after the end of each Fiscal Year (provided that the
foregoing deadline shall be subject to one automatic extension of fifteen (15) days
if the Parent uses the automatic 15-day extension applicable to the filing of
the Parent’s annual financial statements with the SEC pursuant to Rule 12b-25
of the Securities Exchange Act of 1934), internal financial statements of the
Borrowers, the Guarantors (excluding the Parent) and the Offshore Group for
such Fiscal Year, prepared by the Parent and converted into Dollars, in form
and setting forth financial information reasonably satisfactory to the
Arrangers.”

B.            Amendment to
Quarterly Compliance Certificate Delivery Requirement.  Section 7.02(c) of the AJCA Credit
Agreement is hereby amended to read in full as follows:

“(c) as soon as practicable and in any event within
45 days after the end of each Fiscal Quarter (and within 60 days in
the case of the last Fiscal Quarter of the Parent’s Fiscal Year) (provided
that the foregoing deadline shall be subject to one automatic extension of five
(5) days if the Parent uses the automatic 5-day extension applicable to the
filing of the Parent’s quarterly financial statements with the SEC pursuant to
Rule 12b-25 of the Securities Exchange Act of 1934), a compliance certificate
of the chief financial officer or controller of the Parent setting forth the
Leverage Ratio, with reasonable detail as to the calculation thereof, which
calculations shall be based on the preliminary unaudited consolidated financial
statements of the Parent and its Subsidiaries for the last Fiscal Quarter of
such Fiscal Year, and as soon as practicable thereafter, in the event of any material
variance in the actual calculation of the Leverage Ratio from such preliminary
calculation, a revised compliance certificate setting forth the actual
calculation thereof.”

7.             Amendment
to Records and Inspections Provision.  Section 7.04 of the AJCA Credit
Agreement is hereby amended by deleting the comma after the word “circumstances”
appearing on the seventh (7th) line thereof and adding the following therein
immediately after such reference to the word “circumstance”:

“(including, prior
to the occurrence and continuation of an Event of Default, reasonable prior
notice to the Administrative Borrower)”.

8.             Amendment to Payment of Obligations Covenant.  Section 7.12 of the AJCA Credit
Agreement is hereby amended by adding the words “except where the failure to
pay or discharge such obligations or liabilities could not be reasonably be
expected to result in a Material Adverse Effect” after the word “liabilities”
appearing on the third line thereof.

 7
 

9.             Amendment to Liens Covenant.  Section 8.01 of the AJCA Credit
Agreement (with respect to incidental Liens) is hereby amended by deleting the
reference therein to “$20,000,000” and by substituting therefor a reference to “$35,000,000”.

10.           Amendments
to Indebtedness Covenant.

A.            Amendments to
Existing Provisions.  Section 8.02
of the AJCA Credit Agreement is hereby amended by making the following
modifications to clauses (e), (f), (g), (j)  (m) and (n) thereof:

1.             Section 8.02(e)
of the AJCA Credit Agreement (relating to purchase money Indebtedness) is
hereby amended by deleting the references therein to “$20,000,000” and by
substituting therefor references to “$35,000,000”.

2.             Section 8.02(f)
of the AJCA Credit Agreement (relating to Contingent Obligations with respect
to performance, bid, advance payment and other similar obligations) is hereby
amended by deleting the reference therein to “$45,000,000” and by substituting
therefor a reference to “$50,000,000”.

3.             Section 8.02(g)
of the AJCA Credit Agreement (relating to unsecured financial letters of credit
issued outside the Parent Credit Agreement) is hereby amended by deleting the
reference therein to “$20,000,000” and by substituting therefor a reference to “$30,000,000”.

4.             Section 8.02(j)
of the AJCA Credit Agreement (relating to other unsecured Indebtedness owing
offshore by Subsidiaries or Affiliates of the Borrower Parties for short term
working capital or foreign currency risk and tax liabilities) is hereby amended
by deleting the reference therein to “$50,000,000” and by substituting therefor
a reference to “$100,000,000”.

5.             Section 8.02(m)
of the AJCA Credit Agreement (relating to Contingent Obligations with respect
to Indebtedness for borrowed money of Joint Ventures) is hereby amended by
deleting the reference therein to “$50,000,000” and by substituting therefor a
reference to “$100,000,000”.

6.             Section 8.02(o)
of the AJCA Credit Agreement (relating to Indebtedness and Contingent
Obligations incurred outside the AJCA Credit Agreement and the Parent Credit
Agreement) is hereby amended by deleting the reference therein to “$105,000,000”
and by substituting therefor a reference to “$125,000,000”.

B.            Addition of New
Provisions. Section 8.02 of the AJCA Credit Agreement is hereby
further amended and supplemented by (i) deleting the word “and” from the end of
clause (p), (ii) deleting the period from the
end of clause (q), (iii) adding a semicolon at
the end of clause (q), and (iv)
adding new clauses (r) and (s) thereto as follows:

“(r)         unsecured
Indebtedness in an unlimited aggregate outstanding principal amount that is
subordinate (structurally or in right of payment) to or pari passu
with the 

 8
 

Loans under (and
as defined in) the Parent Credit Agreement and that does not have a maturity
date or any scheduled principal payments prior to the Termination Date under
(and as defined in) the Parent Credit Agreement, provided that the
Borrowers would be in compliance with the financial covenants set forth in Section 8.05
after giving effect to the incurrence of any such Indebtedness; and

(s)           unsecured Indebtedness in an
aggregate outstanding principal amount at any time of up to $200,000,000 that
is subordinate (structurally or in right of payment) to or pari passu
with the Loans under (and as defined in) the Parent Credit Agreement and that
matures prior to or has scheduled principal payments prior to the Termination
Date under (and as defined in) the Parent Credit Agreement, provided
that the Borrowers would be in compliance with the financial covenants set
forth in Section 8.05 after giving effect to the incurrence of any
such Indebtedness.”

11.           Amendment to Investments Covenant; Allowance of
Permitted Acquisitions.  Section
8.04 of the AJCA Credit Agreement is hereby amended by (i) deleting the
word “and” from the end of clause (h), (ii)
deleting the period from the end of clause (i), (iii)
adding a semicolon and the word “and” to the end of clause (i),
and adding a new clause (j) therein as
follows:

“(j)          Permitted
Acquisitions.”

12.           Amendments to Financial Covenants; Elimination of
Minimum Consolidated Net Worth Covenant.  Section 8.05 of the AJCA Credit
Agreement is hereby amended to read in full as follows:

“8.05  Financial Covenants.

(a)           Leverage Ratio.  The Borrowers shall not permit the Leverage
Ratio to be greater than 3.00 to 1.00 as of the end of any Fiscal Quarter.

(b)           Fixed Charge Coverage
Ratio.  The Borrowers shall not
permit the Fixed Charge Coverage Ratio to be less than 1.25 to 1.00 as of the
end of any Fiscal Quarter.”

13.           Amendment to Restrictions on Fundamental Changes
Covenant; Allowance of Certain Mergers Resulting from Permitted Acquisitions.  Section 8.06 of the AJCA Credit
Agreement is hereby amended to read in full as follows:

“8.06      Restrictions on Fundamental
Changes.  Unless permitted by Section 8.07,
no Borrower Party shall, nor shall any Borrower Party permit any of its
Wholly-Owned Subsidiaries to, enter into any merger, consolidation,
reorganization or recapitalization, liquidate, wind up or dissolve or sell,
lease, transfer or otherwise dispose of, in one transaction or a series of transactions,
all or substantially all of its or their business or assets, whether now owned
or hereafter acquired, except that: (a) the Parent or any of its
Wholly-Owned Subsidiaries may enter into a merger as part of a Permitted
Acquisition, provided that the Parent or such Wholly-Owned Subsidiary
owns or controls a majority of the surviving entity of such merger; and
(b) as long as no Default or Event of Default shall exist after giving
effect thereto, any Wholly-Owned Subsidiary of a Borrower Party may be merged
or consolidated into a Borrower 

 9
 

Party or any other
Subsidiary of a Borrower Party or be liquidated, wound up or dissolved, or all
or substantially all of its business or assets may be sold, leased,
transferred, or otherwise disposed of, in one transaction or a series of
transactions, to a Borrower Party or any other Subsidiary of a Borrower Party; provided
that neither any Borrower Party nor any Subsidiary of a Borrower Party may be
involved in any such transaction unless such Borrower Party, or a Subsidiary
of a Borrower Party, as the case may be, is the surviving or acquiring
corporation and the net worth of such Borrower Party or Subsidiary of a
Borrower Party, as the case may be, is unchanged or higher after giving effect
to such merger or other transaction.”

14.           Amendments
to Events of Default Provision. 
Section 9.01 of the AJCA Credit Agreement is hereby amended
by making the following modifications to subsections (g),
(h), (j)
and (k) thereof:

A.            Section 9.01(g)
of the AJCA Credit Agreement is hereby amended by deleting the words “any
Borrower Party shall generally not pay its debts as they become due” and by
substituting therefor a reference to “any Borrower Party shall admit in writing
its inability or fails generally to pay its debts as they come due”.

B.            Section 9.01(h)
of the AJCA Credit Agreement is hereby amended by deleting the word “unless”
appearing on the fifth (5th) line thereof and substituting therefor the words “except
to the extent”.

C.            Section 9.01(j)
of the AJCA Credit Agreement is hereby amended by deleting the reference
therein to “$1,000,000” and substituting therefor a reference to “$10,000,000”.

D.            Section 9.01(k)
of the AJCA Credit Agreement is hereby amended to read in full as follows:

“(k)  Termination of Master
Guaranty.  The Master
Guaranty, or any material provision therein, shall cease to be in full force
and effect except as a result of any breach of the terms thereof by the
Administrative Agent or the Lenders; or any of the Guarantors shall contest or
purport to repudiate or disavow the Master Guaranty;”

15.           Amendment
to Amendments and Waivers Provision.  Section 11.01(c) of the of the AJCA
Credit Agreement is hereby amended to read in full as follows:

“(c) reduce the
principal of, or the rate of interest specified herein for any Loan (other than
the termination or waiver at the request of the Majority Lenders of any default
interest rate pricing imposed at the request of the Majority Lenders pursuant
to Section 2.06(c)), or any fees or other amounts payable hereunder or under
any Loan Document;”

16.           Amendments
to Miscellaneous Provisions.  Section
11.12 of the AJCA Credit Agreement is hereby amended by making the
following modifications to Sections  11.02(a), 11.08(h), 11.12
and 11.18(j):

 10
 

A.            Amendment to
Notices and Communications Provision. 
Section 11.02(a) of the AJCA Credit Agreement is hereby amended
by (i) adding therein the words “and, subject to subsection (c) below,
electronic mail” after the reference to the word “transmission” appearing on
the third (3rd) line thereof, (ii) adding the words “sent by electronic mail”
after the reference to the word “faxed” appearing on the third (3rd) line
thereof, and (iii) deleting the reference to “(subject to subsection (c) below)”
from the fourth (4th) line thereof.

B.            Amendment to
Confidentiality Provision; Addition of Protective Order Right.  Section 11.08(h) of the AJCA Credit
Agreement is hereby amended by adding the following therein as a new second
(2nd) sentence:

“A Lender,
however, shall, to the extent permitted by law, rule or regulation and as
promptly as practicable, notify the Parent prior to such disclosure by the
Lender pursuant to subclause (B) above so that the Parent may seek, at the
Parent’s expense, a protective order or other appropriate remedy.  If, failing the entry of a protective order
or the receipt of a waiver hereunder, the Lender is, on the advice of the
Lender’s counsel, compelled to disclose such confidential information, the
Lender may disclose that portion of the confidential information which the
Lender’s counsel advises that the Lender is compelled to disclose.”

C.            Amendment to
Severability Provision.  Section
11.12 of the AJCA Credit Agreement is hereby amended to read in full as
follows:

“11.12 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.”

D.            Amendment to Joint
Borrower Waivers Provision.  Section
11.18(j) of the AJCA Credit Agreement is hereby amended by deleting the
word “waives” on the second (2nd) line thereof and substituting therefor the
words “subordinates and agrees not to assert prior to the full payment and
performance of the Obligations”.

17.           Condition Precedent.  The effectiveness of this Amendment shall be
subject to the satisfaction of each of the following conditions:

(i)            This Amendment.  The Administrative Agent shall have received
this Amendment, duly executed by the Borrowers and the Majority Lenders;

(ii)           Acknowledgement of
Guarantors.  Each of the Guarantors
shall have executed the Acknowledgement of Guarantors attached to the end of
this Amendment;

(iii)          Delivery of Documents
Required Under AJCA Credit Agreement. 
The Administrative Agent shall have received a copy of the constituent
documents of Maunsell 

 11
 

Australia Pty Ltd., a
limited company organized under the laws of Australia (“MAPL”), which shall
have been certified by the secretary or assistant secretary of MAPL; and

(iv)          Amended Parent Credit
Agreement.  The Amendment Effective
Date shall have occurred under (and as defined in) the Amended Parent Credit
Agreement.

18.           Reaffirmation and Ratification.  The Borrowers hereby reaffirm, ratify and
confirm their Obligations under the AJCA Credit Agreement and acknowledge that
all of the terms and conditions of the AJCA Credit Agreement, as amended
hereby, remain in full force and effect.

19.           Events of Default.  None of the Borrowers is aware of the
occurrence of any Default or Event of Default under the AJCA Credit Agreement.

20.           Integration.  This Amendment constitutes the entire
agreement of the parties in connection with the subject matter hereof and
cannot be changed or terminated orally. 
All prior agreements, understandings, representations, warranties and
negotiations regarding the subject matter hereof, if any, are merged into this
Amendment.

21.           Counterparts.  This Amendment may be executed in multiple
counterparts, each of which when so executed and delivered shall be deemed an
original, and all of which, taken together, shall constitute but one and the
same agreement.

22.           Governing Law.  This Amendment shall be governed by, and
construed and enforced in accordance with, the internal laws (as opposed to the
conflicts of law principles) of the State of New York.

[Rest of
page intentionally left blank; signature pages follow]

 12

IN WITNESS WHEREOF, the parties
hereto have executed this Amendment by their respective duly authorized
officers as of the date first above written.

	
   

  	
   

  	
  The Borrowers:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MAUNSELL HK HOLDINGS, LTD.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ ERIC CHEN

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Eric Chen

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  SVP, Corporate Finance & General Counsel

  	
   

  
	
   

  	
   

  	
   

  	
  AECOM Technology Corporation

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  FABER MAUNSELL LIMITED

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ ERIC CHEN

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Eric Chen

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  SVP, Corporate Finance & General Counsel

  	
   

  
	
   

  	
   

  	
   

  	
  AECOM Technology Corporation

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  W.E. BASSETT PARTNERS PTY. LTD.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ ERIC CHEN

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Eric Chen

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  SVP, Corporate Finance & General Counsel

  	
   

  
	
   

  	
   

  	
   

  	
  AECOM Technology Corporation

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MAUNSELL GROUP LIMITED

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ ERIC CHEN

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Eric Chen

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  SVP, Corporate Finance & General Counsel

  	
   

  
	
   

  	
   

  	
   

  	
  AECOM Technology Corporation

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MAUNSELL AUSTRALIA PTY. LTD.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ ERIC CHEN

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Eric Chen

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  SVP, Corporate Finance & General Counsel

  	
   

  
	
   

  	
   

  	
   

  	
  AECOM Technology Corporation

  	
   

  
									

 

 S-1
 

 

	
  

  	
   

  	
  UNION BANK OF CALIFORNIA, N.A.,

  
	
   

  	
   

  	
  as Administrative Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Robert
  Petersen

  	
   

  
	
   

  	
   

  	
   

  	
  Robert Petersen

  
	
   

  	
   

  	
   

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UNION BANK OF CALIFORNIA, N.A.,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Robert
  Petersen

  	
   

  
	
   

  	
   

  	
   

  	
  Robert Petersen

  
	
   

  	
   

  	
   

  	
  Senior Vice President

  
						

 

 S-2
 

 

	
   

  	
   

  	
  BANK OF MONTREAL, ACTING UNDER ITS

  TRADE NAME BMO CAPITAL MARKETS,

  
	
   

  	
   

  	
  as Syndication Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ John A.
  Armstrong

  	
   

  
	
   

  	
   

  	
   

  	
  John A. Armstrong

  
	
   

  	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  HARRIS N.A.,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ John A.
  Armstrong

  	
   

  
	
   

  	
   

  	
   

  	
  John A. Armstrong

  
	
   

  	
   

  	
   

  	
  Vice President

  
						

 

 S-3
 

 

	
   

  	
   

  	
  WELLS FARGO BANK, N.A.,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ LING LI

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Ling Li

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Vice President

  	
   

  
						

 

 S-4
 

 

	
  

  	
   

  	
  LASALLE BANK NATIONAL ASSOCIATION,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ STEVE TREPICCIONE

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Steve Trepiccione

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Senior Vice President

  	
   

  
						

 

 S-5
 

 

	
  

  	
   

  	
  BNP PARIBAS,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ KATHERINE WOLFE

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Katherine Wolfe

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Managing Director

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ SANDY BERTRAM

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Sandy Bertram

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Vice President

  	
   

  
						

 

 S-6
 

 

	
   

  	
   

  	
  BANK OF AMERICA, N.A.,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ G. SCOTT LAMBERT

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  G. Scott Lambert

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Vice President

  	
   

  
						

 

 S-7
 

 

	
  

  	
   

  	
  U.S. BANK NATIONAL ASSOCIATION,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ CONAN SCHLEICHER

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Conan Schleicher

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Vice President

  	
   

  
						

 

 S-8
 

 

	
  

  	
   

  	
  CITY NATIONAL BANK,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ BRANDON FEITELSON

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  Brandon Feitelson

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Vice President

  	
   

  
						

 

 S-9
 

 

	
  

  	
   

  	
  THE NORTHERN TRUST COMPANY,

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ JOHN E. BURDA

  	
   

  
	
   

  	
   

  	
  Name: 

  	
  John E. Burda

  	
   

  
	
   

  	
   

  	
  Title: 

  	
  Vice President

  	
   

  
						

 

 S-10
 

ACKNOWLEDGMENT
OF GUARANTORS

The undersigned
(collectively, the “Guarantors”) hereby acknowledge and agree to the
amendment of the AJCA Credit Agreement contained in the attached First
Amendment to Credit Agreement (the “Amendment”), acknowledge and
reaffirm their respective obligations owing to the Lenders under the Master
Guaranty and any other Loan Documents to which they are parties, and agree that
the Master Guaranty and such Loan Documents are and shall remain in full force
and effect.  Although the Guarantors have
been informed of the matters set forth herein and have acknowledged and agreed
to the same, the Guarantors understand that neither the Administrative Agent
nor any Lender has any obligation to inform the Guarantors of such matters in
the future or to seek the Guarantors’ acknowledgement or agreement to future
amendments to the Credit Agreement, and nothing herein shall create such a
duty.

Dated: As of August 31, 2007

	
  AECOM TECHNOLOGY CORPORATION

  
	
   

  
	
  By:

  	
  /s/ ERIC CHEN

  	
   

  	 

	
  Name: 

  	
  Eric Chen

  	
   

  	 

	
  Title: 

  	
  SVP, Corporate Finance & General Counsel

  	
   

  	 

	
   

  	 

	
  MAUNSELL CONSULTANTS ASIA LIMITED

  
	
   

  
	
   

  
	
  By:

  	
  /s/ ERIC CHEN

  	
   

  	 

	
  Name: 

  	
  Eric Chen

  	
   

  	 

	
  Title: 

  	
  SVP, Corporate Finance & General Counsel

  	
   

  	 

	
   

  	
  AECOM Technology Corporation

  	
   

  	 

						

 

 S-11

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