Document:

exv10w21

Exhibit 10.21

PIXELWORKS, INC.

CHANGE OF CONTROL SEVERANCE AGREEMENT

     This Change of Control Severance Agreement (the “Agreement”) is made and entered into
effective as of November 22nd, 2008 (the “Effective Date”), by and between Tzoyao Chan (the
“Executive”) and Pixelworks, Inc., an Oregon corporation (the “Company”). Certain capitalized
terms used in this Agreement are defined in Section 1 below.

R E C I T A L S

     The Board believes that it is in the best interests of the Company and its shareholders to
provide the Executive with an incentive to continue Executive’s employment following, and so to
maximize the value of the Company upon, a Change of Control for the benefit of its shareholders.
To do so, the Board believes it appropriate to provide the Executive with certain severance
benefits upon the Executive’s termination of employment following a Change of Control.

AGREEMENT

     The parties therefore agree as follows:

     1. Definition of Terms. The following terms referred to in this Agreement shall have
the following meanings:

          (a) Cause. “Cause” shall mean Executive engaged in any one or more of the following:
(i) a material act of dishonesty, fraud, misconduct, or willful violation of any material law,
ethical rule or fiduciary duty that is in connection with Executive’s responsibilities as an
executive of the Company; (ii) acts constituting a felony or moral turpitude which the Board
reasonably believes has had or will have a material detrimental effect on the Company’s reputation
or business; or (iii) repeated willful failure to perform Executive’s duties as an executive of the
Company and the failure to effect such cure within 30 days after written notice of such violation
or breach is given to Executive; or (iv) the willful violation of any material Company policy or
procedure, or breach of any material provision of this Agreement or other agreement with the
Company, and if such violation or breach is susceptible of cure, the failure to effect such cure
within 30 days after written notice of such violation or breach is given to Executive.

          (b) Change of Control. “Change of Control” shall mean the occurrence of any of the
following events:

               (i) the approval by shareholders of the Company of a merger or consolidation of the Company
with any other corporation, or of a subsidiary of the Company with any other corporation, other
than a merger or consolidation which would result in effective
voting control over the voting securities of the Company outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted into voting

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securities of the surviving entity) more than fifty percent (50%) of the total voting power
represented by the voting securities of the Company or such surviving entity outstanding
immediately after such merger or consolidation;

               (ii) the approval by the shareholders of the Company of a plan of complete liquidation of the
Company or an agreement for the sale or disposition by the Company of all or substantially all of
the Company’s assets;

               (iii) any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934, as amended) becoming the “beneficial owner” (as defined in Rule 13d-3 under
said Act), directly or indirectly, of securities of the Company representing 50% or more of the
total voting power represented by the Company’s then outstanding voting securities; or

               (iv) a change in the composition of the Board, as a result of which fewer than a majority of
the directors are Incumbent Directors. “Incumbent Directors” shall mean directors who either (A)
are directors of the Company as of the date hereof, or (B) are elected, or nominated for election,
to the Board with the affirmative votes of at least a majority of those directors who are either
identified in (A) or identified as their successors elected under this clause (B).

          (c) Good Reason Event. A “Good Reason Event” shall be any of the following: (i)
without the Executive’s express written consent, a material diminution of the Executive’s duties,
authority or responsibilities; (ii) without the Executive’s express written consent, a reduction by
the Company of the Executive’s base salary; (iii) without the Executive’s express written consent,
the imposition of a requirement that Executive’s primary place of employment be at a facility or a
location more than fifty (50) miles from the Executive’s current work location, provided that such
requirement to relocate materially increases the Executive’s commute; or (iv) the failure of the
Company to obtain the assumption of this Agreement by any successors contemplated in Section 7
below.

          (d) Involuntary Termination. “Involuntary Termination” shall mean (i) any termination
of the Executive’s employment by the Company which is not effected for valid Cause; or (ii) any
termination by the Executive for Good Reason.

          (e) Termination Date. “Termination Date” shall mean the effective date of any notice
of termination delivered by one party to the other hereunder.

     2. Term of Agreement. This Agreement shall terminate upon the earlier of two (2)
years after a Change of Control, or (ii) the date that all obligations of the parties hereto under
this Agreement have been satisfied.

     3. At-Will Employment. The Company and the Executive acknowledge that the Executive’s
employment is and shall continue to be at-will, as defined under applicable law. If the
Executive’s employment terminates for any reason, the Executive shall not be entitled to any
payments, benefits, damages, awards or compensation other than as provided by this Agreement, or as
may otherwise be established under the Company’s then existing employee benefit plans or policies
at the time of termination.

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     4. Severance Benefits.

          (a) Termination Following a Change of Control.

               (i) If Within Twelve Months Following a Change of Control. If the Executive’s
employment with the Company terminates as a result of an Involuntary Termination at any time within
twelve (12) months after a Change of Control, and the Executive signs the release of claims
pursuant to Section 7 hereto, Executive shall be entitled to the following severance benefits:

                    (1) twelve (12) months of Executive’s base salary as in effect as of the date of such
termination or, if greater, as in effect immediately prior to the Change of Control, less
applicable withholding, payable in a lump sum within thirty (30) days of the Involuntary
Termination;

                    (2) all stock options granted by the Company to the Executive prior to the Change of Control
shall accelerate and become vested and exercisable as to the number of shares that would have
otherwise vested during the twelve (12) months following such termination as if the Executive had
remained employed by the Company (or its successor) through such date under the applicable option
agreements to the extent such stock options are outstanding and unexercisable at the time of such
termination; and all stock subject to a right of repurchase by the Company (or its successor) that
was purchased prior to the Change of Control shall have such right of repurchase lapse with respect
to that number of shares which would have had such right of repurchase lapse under the applicable
agreement within twelve (12) months of the date of the termination as if the Executive had remained
employed through such date; and

                    (3) the same level of Company-paid health (i.e., medical, vision and dental) coverage and
benefits for such coverage as in effect for the Executive (and any eligible dependents) on the day
immediately preceding the Executive’s Termination Date; provided, however, that (i)
the Executive constitutes a qualified beneficiary, as defined in Section 4980B(g)(1) of the
Internal Revenue Code of 1986, as amended; and (ii) Executive elects continuation coverage pursuant
to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), within the
time period prescribed pursuant to COBRA. The Company shall continue to provide Executive with
such Company-paid coverage until the earlier of (i) the date Executive (and Executive’s eligible
dependents) is no longer eligible to receive continuation coverage pursuant to COBRA, or (ii)
twelve (12) months from the Termination Date.

               (ii) If Between Twelve Months and Twenty-Four Months Following Change of Control. If
the Executive’s employment with the Company terminates as a result of an Involuntary Termination at
any time during the period that is from twelve (12) months after a Change of Control to twenty-four
(24) months after a Change of Control (such period being the “Second Year”), and the Executive
signs the release of claims pursuant to Section 7 hereto, Executive shall be entitled to the
following severance benefits:

                    (1) a lump sum cash amount payable within thirty (30) days of the Involuntary Termination
representing a portion of the Executive’s base salary and any

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applicable allowances, with such amount being the resulting product of: the number of months
remaining in the Second Year as of the Termination Date, multiplied by the per-month
portion of the Executive’s base salary and allowances as in effect as of the Termination Date or,
if greater, as in effect immediately prior to the Change of Control, less applicable withholding.
For purposes of this subsection (1), only entire months that remain in the Second Year shall be
counted as “remaining,” and any fraction of a month that remains after the date of the termination
shall not be counted hereunder;

                    (2) the health benefits set forth in Section 4(a)(i)(3) above, provided,
however, that the twelve (12) month period shall be pro-rated to reflect that number of
months remaining in the Second Year as of the date of termination. For purposes of this subsection
(2), only entire months that remain in the Second Year shall be counted as “remaining,” and any
fraction of a month that remains after the date of the termination shall not be counted hereunder;
and

                    (3) the stock option acceleration benefits set forth in Section 4(a)(i)(2) above,
provided, however, that the twelve (12) month period shall be pro-rated to reflect
that number of months remaining in the Second Year as of the date of termination. For purposes of
this subsection (2), only entire months that remain in the Second Year shall be counted as
“remaining,” and any fraction of a month that remains after the date of the termination shall not
be counted hereunder.

          (b) Termination Apart from a Change of Control. If the Executive’s employment with
the Company terminates other than as a result of an Involuntary Termination within the twenty-four
(24) months following a Change of Control, then the following provisions shall apply:

               (i) Involuntary Termination. If the termination is an Involuntary Termination, the
Executive shall be entitled to the same benefits described in Section 4(a)(i), calculated as if the
date of the change of control were the same as the effective date of the Involuntary Termination.

               (ii) For Cause or Voluntary Termination. If the termination is for Cause or is not
otherwise an Involuntary Termination, then the Executive will not be entitled to receive severance
or other benefits hereunder.

          (c) Accrued Wages and Vacation; Expenses. Without regard to the reason for, or the
timing of, Executive’s termination of employment: (i) the Company shall pay the Executive any
unpaid base salary due for periods prior to the Termination Date; (ii) the Company shall pay the
Executive all of the Executive’s accrued and unused vacation through the Termination Date; and
(iii) following submission of proper expense reports by the Executive, the Company shall reimburse
the Executive for all expenses reasonably and necessarily incurred by the Executive in connection
with the business of the Company prior to the Termination Date. These payments shall be made
promptly upon termination and within the period of time mandated by law.

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     5. Limitation on Payments. In the event that the severance and other benefits
provided for in this Agreement or otherwise payable to the Executive (i) constitute “parachute
payments” within the meaning of Section 280G of the United States Internal Revenue Code (the
“Code”), and (ii) would be subject to the excise tax imposed by Section 4999 of the Code (the
“Excise Tax”), then Executive’s benefits under this Agreement shall be either

          (a) delivered in full, or

          (b) delivered as to such lesser extent which would result in no portion of such benefits being
subject to the Excise Tax,

     whichever of the foregoing amounts, taking into account the applicable federal, state and
local income taxes and the Excise Tax, results in the receipt by Executive on an after-tax basis,
of the greatest amount of benefits, notwithstanding that all or some portion of such benefits may
be taxable under Section 4999 of the Code.

     Any determination required under this section shall be made in writing by the Company’s
independent public accountants (the “Accountants”), whose determination shall be conclusive and
binding upon the Executive and the Company for all purposes. For purposes of making the
calculations required by this section, the Accountants may make reasonable assumptions and
approximations concerning applicable taxes and may rely on reasonable, good faith interpretations
concerning the application of Sections 280G and 4999 of the Code. The Company and the Executive
shall furnish to the Accountants such information and documents as the Accountants may reasonably
request in order to make a determination under this section. The Company shall bear all costs the
Accountants may reasonably incur in connection with any calculations contemplated by this section.

     6. Successors.

          (a) Company’s Successors. Any successor to the Company (whether direct or indirect
and whether by purchase, lease, merger, consolidation, liquidation or otherwise) to all or
substantially all of the Company’s business and/or assets shall assume the Company’s obligations
under this Agreement and agree expressly to perform the Company’s obligations under this Agreement
in the same manner and to the same extent as the Company would be required to perform such
obligations in the absence of a succession. For all purposes under this Agreement, the term
“Company” shall include any successor to the Company’s business and/or assets which executes and
delivers the assumption agreement described in this subsection (a) or which becomes bound by the
terms of this Agreement by operation of law.

          (b) Executive’s Successors. Without the written consent of the Company, Executive may
not assign or transfer this Agreement or any right or obligation under this Agreement to any other
person or entity. Notwithstanding the foregoing, the terms of this Agreement and all rights of
Executive hereunder shall inure to the benefit of, and be enforceable by, Executive’s personal or
legal representatives, executors, administrators, successors, heirs, distributees, devisees and
legatees.

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– CHANGE OF CONTROL SEVERANCE AGREEMENT

 

 

     7. Execution of Release Agreement upon Termination. As a condition of receiving the
benefits under Section 4 of this Agreement, the Executive shall within twenty five days after the
Executive’s Termination Date, execute and not revoke a general release of claims against the
Company in form satisfactory to the Company.

     8. Litigation/Audit Cooperation. Following the termination of Executive’s employment
for any reason, Executive shall reasonably cooperate with the Company or any of its subsidiaries or
affiliates (the “Company Group”) in connection with (a) any internal or governmental investigation
or administrative, regulatory, arbitral or judicial proceeding involving any member of the Company
Group with respect to matters relating to Executive’s employment with or service as a member of the
board of directors of any member of the Company Group other than a third party proceeding in which
Executive is a named party and Executive and the Company (or the applicable member(s) of the
Company Group) have not entered into a mutually acceptable joint defense agreement (collectively,
“Litigation”) or (b) for a two year period following the Termination Date, any audit of the
financial statements of any member of the Company Group with respect to the period of time when
Executive was employed by any member of the Company Group (“Audit”). Executive acknowledges that
such cooperation may include, but shall not be limited to, Executive making himself available to
the Company or any other member of the Company Group (or their respective attorneys or auditors)
upon reasonable notice for: (i) interviews, factual investigations, and providing declarations or
affidavits that provide truthful information in connection with any Litigation or Audit; (ii)
appearing at the request of the Company or any member of the Company Group to give testimony
without requiring service of a subpoena or other legal process; (iii) volunteering to the Company
or any member of the Company Group pertinent information related to any Litigation or Audit; (iv)
providing information and legal representations to the auditors of the Company or any member or any
member of the Company Group, in a form and within a timeframe requested by the Board, with respect
to the Company’s or any member of the Company Group’s opening balance sheet valuation of
intangibles and financial statements for the period in which Executive was employed by the Company
or any member of the Company Group; and (v) turning over to the Company or any member of the
Company Group any documents relevant to any Litigation or Audit that are or may come into
Executive’s possession. The Company shall reimburse Executive for reasonable travel expenses
incurred in connection with providing the services under this Section 9, including lodging and
meals, upon Executive’s submission of receipts. The Company shall also compensate Executive for
each hour that Executive provides cooperation in connection with this Section 9 at an hourly rate
equal to Executive’s base salary as of the Termination Date divided by 2080. Executive shall
submit invoices for any month in which Executive performs services pursuant to this Section 9 that
details the amount of time and a description of the services rendered for each separate day that
Executive performed such services. The Company shall reimburse Executive for such services
rendered within fifteen (15) days of receiving an invoice from Executive.

     9. 409A Savings Clause. If Executive is a “specified employee’ within the meaning of
Section 409A of the Internal Revenue Code of 1986, as amended by the rules and regulations issued
thereunder by the Department of Treasury and the Internal Revenue Service (“409A”) as of the date
of the Executive’s “separation from service” within the meaning of Section 409A, Executive shall
not be entitled to any payment or benefit pursuant to Section 4 until the earlier of (i) the date
which is six (6) months after his separation from service for any reason other than

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death, or (ii) the date of Executive’s death. The provisions of this Section 10 shall only
apply if, and to the extent, required to avoid the imputation of any tax, penalty or interest
pursuant to Section 409A. Any amounts otherwise payable to Executive upon or in the six (6) month
period following the Executive’s separation from service that are not so paid by reason of this
Section 10 shall be paid (without interest) as soon as practicable (and in all events within thirty
(30) days) after the date that is six (6) months after the Executive’s separation from service (or,
if earlier, as soon as practicable, and in all events within thirty (30) days, after the date of
Executive’s death). To the extent that any benefits pursuant to Section 4 or reimbursements
pursuant to Section 5 are taxable to the Executive, any reimbursement payment due to the Executive
pursuant to any such provision shall be paid to the Executive on or before the last day of the
Executive’s taxable year following the taxable year in which the related expense was incurred. The
benefits and reimbursements pursuant to Section 4 are not subject to liquidation or exchange for
another benefit and the amount of such benefits and reimbursements that the Executive receives in
one taxable year shall not affect the amount of such benefits or reimbursements that the Executive
receives in any other taxable year.

     10. Notices. Notices and all other communications contemplated by this Agreement
shall be in writing and shall be deemed to have been duly given when personally delivered or when
mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the
case of the Executive, mailed notices shall be addressed to Executive at the home address which
Executive most recently communicated to the Company in writing. In the case of the Company, mailed
notices shall be addressed to its corporate headquarters, and all notices shall be directed to the
attention of its Secretary.

     11. Arbitration.

          (a) Any dispute or controversy arising out of, relating to, or in connection with this
Agreement, or the interpretation, validity, construction, performance, breach, or termination
thereof, shall be settled by binding arbitration to be held in Portland, Oregon in accordance with
the National Rules for the Resolution of Employment Disputes then in effect of the American
Arbitration Association (the “Rules”). The arbitrator may grant injunctions or other relief in
such dispute or controversy. The decision of the arbitrator shall be final, conclusive and binding
on the parties to the arbitration. Judgment may be entered on the arbitrator’s decision in any
court having jurisdiction.

          (b) The arbitrator(s) shall apply Oregon law to the merits of any dispute or claim, without
reference to conflicts of law rules. The arbitration proceedings shall be governed by federal
arbitration law and by the Rules, without reference to state arbitration law. Executive hereby
consents to the personal jurisdiction of the state and federal courts located in Oregon for any
action or proceeding arising from or relating to this Agreement or relating to any arbitration in
which the parties are participants.

          (c) Executive understands that nothing in this Section modifies Executive’s at-will employment
status. Either Executive or the Company can terminate the employment relationship at any time,
with or without Cause.

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– CHANGE OF CONTROL SEVERANCE AGREEMENT

 

 

          (d) EXECUTIVE HAS READ AND UNDERSTANDS THIS SECTION, WHICH DISCUSSES ARBITRATION. EXECUTIVE
UNDERSTANDS THAT SUBMITTING ANY CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS
AGREEMENT, OR THE INTERPRETATION, VALIDITY, CONSTRUCTION, PERFORMANCE, BREACH OR TERMINATION
THEREOF TO BINDING ARBITRATION, CONSTITUTES A WAIVER OF EXECUTIVE’S RIGHT TO A JURY TRIAL AND
RELATES TO THE RESOLUTION OF ALL DISPUTES RELATING TO ALL ASPECTS OF THE EMPLOYER/EXECUTIVE
RELATIONSHIP, INCLUDING BUT NOT LIMITED TO, THE FOLLOWING CLAIMS:

               (i) ANY AND ALL CLAIMS FOR WRONGFUL DISCHARGE OF EMPLOYMENT; BREACH OF CONTRACT, BOTH EXPRESS
AND IMPLIED; BREACH OF THE COVENANT OF GOOD FAITH AND FAIR DEALING, BOTH EXPRESS AND IMPLIED;
NEGLIGENT OR INTENTIONAL INFLICTION OF EMOTIONAL DISTRESS; NEGLIGENT OR INTENTIONAL
MISREPRESENTATION; NEGLIGENT OR INTENTIONAL INTERFERENCE WITH CONTRACT OR PROSPECTIVE ECONOMIC
ADVANTAGE; AND DEFAMATION.

               (ii) ANY AND ALL CLAIMS FOR VIOLATION OF ANY FEDERAL STATE OR MUNICIPAL CONSTITUTION OR
STATUTE, INCLUDING, BUT NOT LIMITED TO, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, THE CIVIL RIGHTS
ACT OF 1991, THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, THE AMERICANS WITH DISABILITIES ACT
OF 1990, THE FAIR LABOR STANDARDS ACT, THE CALIFORNIA FAIR EMPLOYMENT AND HOUSING ACT, AND THE
CALIFORNIA LABOR CODE (except for claims for underlying workers’ compensation benefits); and

               (iii) ANY AND ALL CLAIMS ARISING OUT OF ANY OTHER LAWS AND REGULATIONS RELATING TO EMPLOYMENT
OR EMPLOYMENT DISCRIMINATION.

     12. Proprietary Information and Inventions Assignment Agreement. Executive shall
execute and comply with the terms of the Company’s standard Proprietary Information and Inventions
Assignment Agreement.

     13. Miscellaneous Provisions.

          (a) Effect of Any Statutory Benefits. If any severance benefits are required to be
paid to the Executive upon termination of employment with the Company as a result of any
requirement of law or any governmental entity in any applicable jurisdiction, the aggregate amount
payable pursuant to Section 4 hereof shall be reduced by such amount.

          (b) Effect of Standard Company Policy or Other Agreements. To the extent that any
severance benefits or payments are required to be paid to the Executive upon termination of
employment with the Company as a result of any standard Company policy or other existing
agreement(s), Executive shall be entitled to the most favorable of any given benefit (e.g., cash,
option vesting, health benefits) available under any one such source, but shall not be entitled
also to cumulate the same kind of benefit from multiple agreements or policies.

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– CHANGE OF CONTROL SEVERANCE AGREEMENT

 

 

          (c) No Duty to Mitigate. The Executive shall not be required to mitigate the amount
of any payment contemplated by this Agreement, nor shall any such payment be reduced by any
earnings that the Executive may receive from any other source.

          (d) Waiver. No provision of this Agreement may be modified, waived or discharged
unless the modification, waiver or discharge is agreed to in writing and signed by the Executive
and by an authorized officer of the Company (other than the Executive). No waiver by either party
of any breach of, or of compliance with, any condition or provision of this Agreement by the other
party shall be considered a waiver of any other condition or provision or of the same condition or
provision at another time.

          (e) Integration. This Agreement and any agreements referenced herein represent the
entire agreement and understanding between the parties as to the subject matter herein and
collectively supersede all prior or contemporaneous agreements, whether written or oral, with
respect to the same subject matter, provided that, for clarification purposes, this Agreement shall
not affect any agreements between the Company and Executive regarding intellectual property matters
or confidential information of the Company.

          (f) Choice of Law. The validity, interpretation, construction and performance of this
Agreement shall be governed by the internal substantive laws, but not the conflicts of law rules,
of the State of Oregon.

          (g) Severability. The invalidity or unenforceability of any provision or provisions
of this Agreement shall not affect the validity or enforceability of any other provision hereof,
which shall remain in full force and effect.

          (h) Employment Taxes. All payments made pursuant to this Agreement shall be subject
to withholding of applicable income and employment taxes.

          (i) Counterparts. This Agreement may be executed in counterparts, each of which shall
be deemed an original, but both of which together will constitute one and the same instrument.

     IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the
Company by its duly authorized officer, as of the day and year first above written.

	 	 	 	 	 	 	 
	Pixelworks, Inc.

	 	 	 	Executive	 	 
	 
	 	 	 	 	 	 
	By: /s/ Bruce Walicek
 

             Bruce Walicek, CEO

	 	 	 	/s/ Tzoyao Chan
 

Tzoyao Chan
	 	 

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– CHANGE OF CONTROL SEVERANCE AGREEMENTexv10w1

Exhibit 10.1

AMENDMENT AND RESTATEMENT AGREEMENT

     AMENDMENT AND RESTATEMENT AGREEMENT dated as of March 5, 2010 (this “Restatement
Agreement”), to the Credit Agreement dated as of September 12, 2006 (as amended and modified,
the “Existing Credit Agreement”), among FIDELITY NATIONAL FINANCIAL, INC., a Delaware
corporation (the “Borrower”), the LENDERS party thereto, BANK OF AMERICA, N.A., as
Administrative Agent and Swing Line Lender, and the other parties thereto.

     WHEREAS, the Borrower has requested each Lender to extend the final maturity date applicable
to its Commitment and outstanding Revolving Loans of such Lender as set forth herein, and the
Lenders whose names appear on Schedule 2.01A hereto (collectively, the “Extending Lenders”)
have agreed so to extend such final maturity date as provided herein; and

     WHEREAS, the Borrower has requested that the Existing Credit Agreement be amended to provide
for the extensions referred to above and for certain other modifications of the terms of the
Existing Credit Agreement, and that, as so amended, the Existing Credit Agreement be restated in
the form of Annex I hereto;

     NOW, THEREFORE, in consideration of the above premises and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Borrower, the
Administrative Agent, the Swing Line Lender, and the Lenders party hereto (constituting the
Required Lenders) hereby agree as follows:

     SECTION 1. Defined Terms. Capitalized terms used but not otherwise defined herein
(including in the preliminary statements hereto) have the meanings assigned to them in the Existing
Credit Agreement or the Restated Credit Agreement (as defined below), as the context may require.

     SECTION 2. Amendment and Restatement.

     (a) Effective as of the Restatement Effective Date, (i) the Existing Credit Agreement is
hereby amended and restated in the form of Annex I hereto (the Existing Credit Agreement, as so
amended and restated, being referred to as the “Restated Credit Agreement”), (ii) Schedule
2.01 to the Existing Credit Agreement is hereby amended and restated in the form of Schedule 2.01
attached to the Restated Credit Agreement and the Commitment of each Lender is hereby reduced to
the amount set forth therein, (iii) Schedule 7.04 to the Existing Credit Agreement is hereby
amended and restated in the form of Schedule 7.04 attached to the Restated Credit Agreement, and
(iv) Exhibit A to the Credit Agreement is hereby amended and restated in the form of Exhibit A
attached to the Restated Credit Agreement.

     (b) Except as expressly set forth above and therein, all Schedules and Exhibits to the
Existing Credit Agreement will continue in their present forms as Schedules and Exhibits to the
Restated Credit Agreement.

Amendment and Restatement Agreement — Page 1

 

 

     SECTION 3. Commitments and Loans. On the Restatement Effective Date:

     (a) the amount of the Commitment of such Extending Lender set forth opposite its name under
the heading “Extended Commitment” in Schedule 2.01A hereto (the “Extended Amount”) shall
become a Tranche 2 Commitment of such Extending Lender, and a portion corresponding to such
Extending Lender’s Extended Amount of each Revolving Loan made by such Extending Lender as part of
a Borrowing outstanding on the Restatement Effective Date under the Existing Credit Agreement shall
become a Tranche 2 Revolving Loan of such Lender; and

     (b) all Commitments and Loans outstanding under the Existing Credit Agreement that remain and
that are not Tranche 2 Commitments or Tranche 2 Revolving Loans shall constitute Tranche 1
Commitments and Tranche 1 Revolving Loans under the Restated Credit Agreement.

     SECTION 4. Representations and Warranties. The Borrower hereby represents and
warrants to each other party hereto on the date hereof and on the Restatement Effective Date that:

     (a) this Restatement Agreement (i) has been duly authorized by all requisite corporate action
of the Borrower, (ii) has been duly executed and delivered by the Borrower and (iii) constitutes a
legal, valid and binding obligation of the Borrower, enforceable against it in accordance with its
terms, subject to the effect of any applicable bankruptcy, moratorium, insolvency, reorganization
or other similar law affecting the enforceability of creditors’ rights generally and to the effect
of general principles of equity (whether considered in a proceeding at law or equity);

     (b) the representations and warranties of the Borrower contained in Article V of the Restated
Credit Agreement (excluding Sections 5.05(d) and 5.06) or any other Loan Document,
or which are contained in any document furnished at any time under or in connection with the
Restated Credit Agreement or therewith, are true and correct in all material respects on and as of
the date hereof and on and as of the Restatement Effective Date, except to the extent that such
representations and warranties specifically refer to an earlier date, in which case they shall be
true and correct as of such earlier date, and except that the representations and warranties
contained in subsections (a), the first sentence of (b) and (c) of Section 5.05 shall be
deemed to refer to the most recent statements furnished pursuant to clauses (a) through (f),
respectively, of Section 6.01.

     (c) no Default under the Existing Credit Agreement or the Restated Credit Agreement has
occurred and is continuing.

     SECTION 5. Effectiveness of Restatement Agreement. The amendments to and restatement
of the Existing Credit Agreement provided for herein shall become effective on the first date (the “Restatement Effective Date”) on which each of the following conditions shall be satisfied:

     (a) the Administrative Agent (or its counsel) shall have received from (i) the Borrower, (ii)
each Extending Lender and (iii) Lenders constituting the Required

Amendment and Restatement Agreement — Page 2

 

 

Lenders, either (A) counterparts of this Restatement Agreement signed on behalf of such
parties or (B) written evidence satisfactory to the Administrative Agent (which may include
facsimile or other electronic transmissions of signed signature pages) that such parties have
signed counterparts of this Restatement Agreement;

     (b) the Administrative Agent shall have received a favorable written opinion (addressed to the
Administrative Agent and the Lenders and dated the Restatement Effective Date) of Foley & Lardner
LLP, counsel for the Borrower, in form and substance reasonably satisfactory to the Administrative
Agent;

     (c) the Administrative Agent shall have received such documents and certificates as the
Administrative Agent or its counsel may reasonably have requested relating to the organization,
existence and good standing of the Borrower, the authorization of the transactions contemplated
hereby and any other legal matters relating to the Borrower, the Loan Documents or the transactions
contemplated hereby, all in form and substance reasonably satisfactory to the Administrative Agent;

     (d) the representations and warranties of the Borrower set forth in Section 4 hereof shall be
true and correct on and as of the Restatement Effective Date, and the Administrative Agent shall
have received a certificate, dated the Restatement Effective Date and signed by a Responsible
Officer of the Borrower, in form and substance reasonably satisfactory to the Administrative Agent,
confirming the accuracy thereof;

     (e) the Administrative Agent shall have received from the Borrower all fees and other amounts
payable by the Borrower in connection with this Restatement Agreement, all amounts due and payable
to the Administrative Agent on or prior to the Restatement Effective Date pursuant to the Loan
Documents, including, to the extent invoiced, reimbursement of all out-of-pocket expenses
(including reasonable fees, charges and disbursements of counsel) required to be reimbursed or paid
by the Borrower hereunder or under any other Loan Document; and the Administrative Agent and its
Affiliates shall have received from the Borrower all fees, out-of-pocket expenses and other amounts
separately agreed to be paid by the Borrower in connection with this Restatement Agreement and the
transactions contemplated hereby.

     SECTION 6. Effect of Restatement Agreement. Except as expressly set forth herein,
this Restatement Agreement shall not by implication or otherwise limit, impair, constitute a waiver
of, or otherwise affect the rights and remedies of the Administrative Agent, the Swing Line Lender
or the Lenders under the Existing Credit Agreement or any other Loan Document, and shall not alter,
modify, amend or in any way affect any of the terms, conditions, obligations, covenants or
agreements contained in the Existing Credit Agreement or any other Loan Document, all of which, as
amended, supplemented or otherwise modified hereby, are ratified and affirmed in all respects and
shall continue in full force and effect. Nothing herein shall be deemed to entitle the Borrower to
a consent to, or a waiver, amendment, modification or other change of, any of the terms,
conditions, obligations, covenants or agreements contained in the Existing Credit Agreement, the
Restated Credit Agreement or any other Loan Document in similar or different circumstances. This
Restatement Agreement shall constitute a Loan Document. On and

Amendment and Restatement Agreement — Page 3

 

 

after the Restatement Effective Date, any reference to the Existing Credit Agreement in any
Loan Document shall mean the Restated Credit Agreement.

     SECTION 7. Expenses. The Borrower agrees to reimburse the Administrative Agent for
its reasonable out-of-pocket expenses in connection with this Restatement Agreement, including the
reasonable fees, charges and disbursements of Winstead PC.

     SECTION 8. Counterparts. This Restatement Agreement may be executed in counterparts
(and by different parties hereto on different counterparts), each of which shall constitute an
original, but all of which when taken together shall constitute a single contract. Delivery of an
executed counterpart of a signature page of this Restatement Agreement by telecopy or email shall
be effective as delivery of a manually executed counterpart of this Restatement Agreement.

     SECTION 9. Governing Law; Consent to Jurisdiction and Service of Process.

     (a) THIS RESTATEMENT AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW
OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED ENTIRELY WITHIN SUCH
STATE; PROVIDED THAT THE ADMINISTRATIVE AGENT AND EACH LENDER SHALL RETAIN ALL RIGHTS ARISING UNDER
FEDERAL LAW. THIS AGREEMENT HAS BEEN ENTERED INTO PURSUANT TO SECTION 5-1401 OF THE NEW YORK
GENERAL OBLIGATIONS LAW.

     (b) THE BORROWER IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE
NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK CITY AND OF
THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF SUCH STATE AND ANY APPELLATE COURT
FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS RESTATEMENT
AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH
OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH
ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT
A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER
JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS
RESTATEMENT AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE
AGENT OR ANY LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS
RESTATEMENT AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE BORROWER OR ITS PROPERTIES IN THE
COURTS OF ANY JURISDICTION.

Amendment and Restatement Agreement — Page 4

 

 

     (c) THE BORROWER IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY
ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS RESTATEMENT AGREEMENT OR ANY OTHER LOAN
DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (b) OF THIS SECTION. EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN
INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.

     (d) EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR
NOTICES IN SECTION 10.02 OF THE RESTATED CREDIT AGREEMENT. NOTHING IN THIS AGREEMENT WILL AFFECT
THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

     SECTION 10. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL
PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS RESTATEMENT AGREEMENT OR ANY
OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT,
TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR
ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD
NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT
AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS RESTATEMENT AGREEMENT BY, AMONG
OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

     SECTION 11. Headings. Section headings used herein are for convenience of reference
only, are not part of this Restatement Agreement and shall not affect the construction of, or be
taken into consideration in interpreting, this Restatement Agreement.

     SECTION 12. Tranche 2 Commitment Increase. For purposes of consummating the increase
in the Tranche 2 Commitments contemplated to occur on the Restatement Effective Date immediately
after the effectiveness of this Restated Agreement, the Lenders hereby waive the notice and
delivery requirements set forth in Section 2.13 of the Restated Credit agreement.

REMAINDER OF PAGE LEFT INTENTIONALLY BLANK

Amendment and Restatement Agreement — Page 5

 

 

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

	 	 	 	 	 
	 	FIDELITY NATIONAL FINANCIAL, INC. 

 	 
	 	By:  	/s/ Alan L. Stinson	 
	 	 	Name:  	Alan L. Stinson	 
	 	 	Title:  	Chief Executive Officer	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as 
Administrative Agent

 	 
	 	By:  	/s/ Travis Lovell	 
	 	 	Name:  	Travis Lovell	 
	 	 	Title:  	Vice President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as a Lender 
and Swing Line
Lender

 	 
	 	By:  	/s/ Travis Lovell 	 
	 	 	Name:  	Travis Lovell 	 
	 	 	Title:  	Vice President 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	HUA NAN COMMERCIAL BANK, LTD.

 	 
	 	By:  	/s/ Henry Hsieh 	 
	 	 	Name:  	Henry Hsieh 	 
	 	 	Title:  	Assistant Vice President 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	BANK OF HAWAII

 	 
	 	By:  	/s/ Robert Wheeler, III 	 
	 	 	Name:  	Robert Wheeler	 
	 	 	Title:  	Senior Vice President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	BANK OF TEXAS, N.A.

 	 
	 	By:  	/s/ Jay Dempsey	 
	 	 	Name:  	 Jay Dempsey	 
	 	 	Title:  	Vice President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	FIRST COMMERCIAL BANK, Los Angeles Branch 

 	 
	 	By:  	/s/ Wen-Han Wu	 
	 	 	Name:  	 Wen-Han Wu	 
	 	 	Title:  	Deputy General Manager	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	COMPASS BANK

 	 
	 	By:  	/s/
Warrie R. Birdwell	 
	 	 	Name:  	 Warrie R. Birdwell	 
	 	 	Title:  	Vice President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	BMO CAPITAL MARKETS FINANCING INC.

 	 
	 	By:  	/s/ Michael D. Pincus	 
	 	 	Name:  	Michael D. Pincus	 
	 	 	Title:  	Managing Director	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	CAPITAL ONE, N.A.

 	 
	 	By:  	/s/
Kristine Sinon 	 
	 	 	Name:  	Kristine Sinon 	 
	 	 	Title:  	Vice
President 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	KEYBANK NATIONAL ASSOCIATION

 	 
	 	By:  	/s/
Mary K. Young	 
	 	 	Name:  	Mary K. Young	 
	 	 	Title:  	Sr Vice
President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	PNC BANK, N.A.

 	 
	 	By:  	/s/ Jon R. Hinard 	 
	 	 	Name:  	Jon R. Hinard 	 
	 	 	Title:  	Senior Vice President 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	CITIBANK, N.A.

 	 
	 	By:  	/s/
 Thomas A. Christopher, Jr.	 
	 	 	Name:  	 Thomas
A. Christopher 	 
	 	 	Title:  	Vice
President 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	SUNTRUST BANK

 	 
	 	By:  	/s/
W. Bradley Hamilton 	 
	 	 	Name:  	W. Bradley Hamilton 	 
	 	 	Title:  	Director 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	BANK OF THE WEST

 	 
	 	By:  	/s/
Dale Paterson 	 
	 	 	Name:  	Dale Paterson 	 
	 	 	Title:  	Senior Vice
President 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	FIFTH THIRD BANK, an Ohio Banking
Corporation

 	 
	 	By:  	/s/
John A. Marian 	 
	 	 	Name:  	John A.
Marian 	 
	 	 	Title:  	Vice
President 	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	UNION BANK OF CALIFORNIA, N.A.

 	 
	 	By:  	/s/
F. Frank Herrera	 
	 	 	Name:  	F. Frank Herrera	 
	 	 	Title:  	Vice
President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	U. S. BANK NATIONAL ASSOCIATION

 	 
	 	By:  	/s/
James F. Cooper	 
	 	 	Name:  	James
F. Cooper	 
	 	 	Title:  	Senior
Vice President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION

 	 
	 	By:  	/s/
David Bendel	 
	 	 	Name:  	David Bendel	 
	 	 	Title:  	Vice
President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A.

 	 
	 	By:  	/s/
Erin O’ Rourke	 
	 	 	Name:  	Erin O’ Rourke	 
	 	 	Title:  	Managing
Director	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	RBS CITIZENS, N.A.

 	 
	 	By:  	/s/
Cindy Chen	 
	 	 	Name:  	Cindy Chen	 
	 	 	Title:  	Senior
Vice President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	COMERICA BANK

 	 
	 	By:  	/s/
Carlos Relavarren	 
	 	 	Name:  	Carlos Relavarren	 
	 	 	Title:  	Corporate
Banking Officer	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	CHANG HWA COMMERCIAL BANK, LTD., NEW YORK

 	 
	 	By:  	/s/
Eric Tsai	 
	 	 	Name:  	Eric Tsai	 
	 	 	Title:  	V.P.
and General Manager	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

	 	 	 	 	 
	 	WACHOVIA BANK, NATIONAL ASSOCIATION

 	 
	 	By:  	/s/
Beth C. McGinnis	 
	 	 	Name:  	Beth C.
McGinnis	 
	 	 	Title:  	Senior
Vice President	 
	 

Amendment and Restatement Agreement — Signature Page

 

 

SCHEDULE 2.01A

	 	 	 	 	 
	EXTENDING LENDERS	 	EXTENDED COMMITMENT
	Bank of America, N.A.
	 	$	75,000,000	 
	U.S. Bank, National Association
	 	$	71,250,000	 
	Wells Fargo Bank, National Association
	 	$	56,250,000	 
	Wachovia Bank, National Association
	 	$	56,250,000	 
	Citibank, N.A.
	 	$	46,875,000	 
	Comerica Bank
	 	$	46,875,000	 
	SunTrust Bank
	 	$	46,875,000	 
	Union Bank of California, N.A.
	 	$	46,875,000	 
	RBS Citizens, National Association
	 	$	37,500,000	 
	Fifth Third Bank
	 	$	37,500,000	 
	JPMorgan Chase Bank, N.A.
	 	$	33,750,000	 
	Bank of the West
	 	$	30,000,000	 
	BMO Capital Markets Financing, Inc.
	 	$	30,000,000	 
	KeyBank National Association
	 	$	30,000,000	 
	PNC Bank, N.A.
	 	$	26,250,000	 
	Chang Hwa Commercial Bank, Ltd., New York Branch
	 	$	18,750,000	 
	Compass Bank
	 	$	18,750,000	 
	Capital One, N.A.
	 	$	15,000,000	 
	First Commercial Bank (Taiwan)
	 	$	15,000,000	 
	Bank of Hawaii
	 	$	7,500,000	 
	Bank of Texas, N.A.
	 	$	7,500,000	 
	Hua Nan Commercial Bank Ltd. New York Agency
	 	$	7,500,000	 

Schedule 2.01A — Extending Lenders

 

 

ANNEX 1

 

 

Published CUSIP Number:                     

CREDIT AGREEMENT

Dated as of September 12, 2006

As amended and restated as of March 5, 2010

among

FIDELITY NATIONAL FINANCIAL, INC.,

as the Borrower,

BANK OF AMERICA, N.A.,

as Administrative Agent and Swing Line Lender,

U. S. BANK NATIONAL ASSOCIATION,

WACHOVIA BANK, NATIONAL ASSOCIATION,

WELLS FARGO BANK, NATIONAL ASSOCIATION,

JPMORGAN CHASE BANK, N.A.

as

Co-Syndication Agents,

BMO CAPITAL MARKETS FINANCING INC.,

BANK OF THE WEST,

CITIBANK, N.A.

COMERICA BANK,

KEYBANK NATIONAL ASSOCIATION,

SUMITOMO MITSUI BANKING CORP., NEW YORK,

SUNTRUST BANK,

UNION BANK OF CALIFORNIA, N.A.,

as

Co-Senior Managing Agents,

and

The Other Lenders Party Hereto

 

 

BANC OF AMERICA SECURITIES LLC,

WELLS FARGO SECURITIES, LLC,

J.P. MORGAN SECURITIES INC.,

U.S. BANK NATIONAL ASSOCIATION,

as

Joint Lead Arrangers and Joint Book Managers

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	Section	 	Page
	 
	 	 	 	 
	ARTICLE I. DEFINITIONS AND ACCOUNTING TERMS
	 	 	1	 
	 
	 	 	 	 
	1.01 Defined Terms
	 	 	1	 
	1.02 Other Interpretive Provisions
	 	 	28	 
	1.03 Accounting Terms
	 	 	29	 
	1.04 Rounding
	 	 	30	 
	1.05 Times of Day
	 	 	30	 
	 
	 	 	 	 
	ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS
	 	 	30	 
	 
	 	 	 	 
	2.01 Revolving Loans
	 	 	30	 
	2.02 Borrowings, Conversions and Continuations of Revolving Loans
	 	 	31	 
	2.03 Swing Line Loans
	 	 	33	 
	2.04 Prepayments
	 	 	36	 
	2.05 Termination or Reduction of Commitments
	 	 	37	 
	2.06 Repayment of Loans
	 	 	38	 
	2.07 Interest
	 	 	38	 
	2.08 Fees
	 	 	38	 
	2.09 Computation of Interest and Fees
	 	 	39	 
	2.10 Evidence of Debt
	 	 	39	 
	2.11 Payments Generally
	 	 	40	 
	2.12 Sharing of Payments
	 	 	41	 
	2.13 Increase in Commitments
	 	 	42	 
	2.14 Cash Collateral and Other Credit Support
	 	 	43	 
	 
	 	 	 	 
	ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY
	 	 	44	 
	 
	 	 	 	 
	3.01 Taxes
	 	 	44	 
	3.02 Illegality
	 	 	46	 
	3.03 Inability to Determine Rates
	 	 	46	 
	3.04 Increased Cost and Reduced Return; Capital Adequacy; Reserves on
Eurodollar Rate Loans
	 	 	47	 
	3.05 Compensation for Losses
	 	 	48	 
	3.06 Mitigation Obligations; Replacement of Lenders
	 	 	49	 
	3.07 Survival
	 	 	49	 
	 
	 	 	 	 
	ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
	 	 	49	 
	 
	 	 	 	 
	4.01 Conditions of Initial Credit Extension
	 	 	49	 
	4.02 Conditions to all Credit Extensions
	 	 	51	 
	 
	 	 	 	 
	ARTICLE V. REPRESENTATIONS AND WARRANTIES
	 	 	51	 
	 
	 	 	 	 
	5.01 Existence, Qualification and Power; Compliance with Laws
	 	 	51	 
	5.02 Authorization; No Contravention
	 	 	52	 
	5.03 Governmental Authorization; Other Consents
	 	 	52	 
	5.04 Binding Effect
	 	 	52	 
	5.05 Financial Statements; No Material Adverse Effect
	 	 	52	 
	5.06 Litigation
	 	 	53	 
	5.07 No Default
	 	 	53	 

i

 

	 	 	 	 	 
	Section	 	Page
	 
	 	 	 	 
	5.08 Ownership of Property; Liens
	 	 	53	 
	5.09 Environmental Compliance
	 	 	54	 
	5.10 Insurance
	 	 	54	 
	5.11 Taxes
	 	 	54	 
	5.12 ERISA Compliance
	 	 	54	 
	5.13 Intellectual Property, Licenses, etc
	 	 	55	 
	5.14 Subsidiaries
	 	 	55	 
	5.15 Margin Regulations; Investment Company Act
	 	 	55	 
	5.16 Disclosure
	 	 	55	 
	5.17 Compliance with Laws
	 	 	56	 
	5.18 Solvent
	 	 	56	 
	5.19 Licenses
	 	 	56	 
	5.20 Employee Matters
	 	 	56	 
	5.21 Insurance Subsidiaries
	 	 	56	 
	5.22 Taxpayer Identification Number
	 	 	56	 
	 
	 	 	 	 
	ARTICLE VI. AFFIRMATIVE COVENANTS
	 	 	56	 
	 
	 	 	 	 
	6.01 Financial Statements
	 	 	57	 
	6.02 Certificates; Other Information
	 	 	57	 
	6.03 Notices
	 	 	60	 
	6.04 Preservation of Existence, Etc
	 	 	61	 
	6.05 Maintenance of Properties
	 	 	61	 
	6.06 Maintenance of Insurance
	 	 	62	 
	6.07 Compliance with Laws
	 	 	62	 
	6.08 Books and Records
	 	 	62	 
	6.09 Inspection Rights
	 	 	62	 
	6.10 Use of Proceeds
	 	 	62	 
	6.11 Payment of Taxes
	 	 	62	 
	 
	 	 	 	 
	ARTICLE VII. NEGATIVE COVENANTS
	 	 	63	 
	 
	 	 	 	 
	7.01 Liens
	 	 	63	 
	7.02 Consolidations and Mergers; Sales of Assets
	 	 	65	 
	7.03 Investments
	 	 	66	 
	7.04 Limitation on Indebtedness
	 	 	66	 
	7.05 Transactions with Affiliates
	 	 	67	 
	7.06 Restricted Payments
	 	 	68	 
	7.07 Change in Business
	 	 	68	 
	7.08 Accounting Changes
	 	 	68	 
	7.09 Financial Covenants
	 	 	69	 
	7.10 Restrictive Agreements, etc
	 	 	69	 
	7.11 Certain Amendments
	 	 	69	 
	 
	 	 	 	 
	ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES
	 	 	69	 
	 
	 	 	 	 
	8.01 Events of Default
	 	 	69	 
	8.02 Remedies Upon Event of Default
	 	 	72	 

ii

 

	 	 	 	 	 
	Section	 	Page
	 
	 	 	 	 
	8.03 Application of Funds
	 	 	73	 
	 
	 	 	 	 
	ARTICLE IX. ADMINISTRATIVE AGENT
	 	 	73	 
	 
	 	 	 	 
	9.01 Appointment and Authority
	 	 	73	 
	9.02 Rights as a Lender
	 	 	73	 
	9.03 Exculpatory Provisions
	 	 	74	 
	9.04 Reliance by Administrative Agent
	 	 	75	 
	9.05 Delegation of Duties
	 	 	75	 
	9.06 Resignation of Administrative Agent
	 	 	75	 
	9.07 Non-Reliance on Administrative Agent and Other Lenders
	 	 	76	 
	9.08 No Other Duties, Etc
	 	 	76	 
	9.09 Administrative Agent May File Proofs of Claim
	 	 	76	 
	 
	 	 	 	 
	ARTICLE X. MISCELLANEOUS
	 	 	77	 
	 
	 	 	 	 
	10.01 Amendments, Etc
	 	 	77	 
	10.02 Notices; Effectiveness; Electronic Communication
	 	 	78	 
	10.03 No Waiver; Cumulative Remedies
	 	 	80	 
	10.04 Expenses; Indemnity; Damage Waiver
	 	 	80	 
	10.05 Payments Set Aside
	 	 	82	 
	10.06 Successors and Assigns
	 	 	83	 
	10.07 Confidentiality
	 	 	86	 
	10.08 Right of Set-off
	 	 	87	 
	10.09 Interest Rate Limitation
	 	 	87	 
	10.10 Counterparts; Integration; Effectiveness
	 	 	87	 
	10.11 Survival of Representations and Warranties
	 	 	88	 
	10.12 Severability
	 	 	88	 
	10.13 Replacement of Lenders
	 	 	88	 
	10.14 Governing Law
	 	 	89	 
	10.15 Waiver of Jury Trial
	 	 	90	 
	10.16 Termination of Existing Credit Agreement
	 	 	90	 
	10.17 USA PATRIOT Act Notice
	 	 	90	 
	10.18 Entire Agreement
	 	 	90	 

 iii

 

 

SCHEDULES

	 	 	 
	2.01

	 	Commitments and Participation Percentages
	5.05

	 	Supplement to Interim Financial Statements
	5.06

	 	Existing Litigation
	5.12

	 	ERISA Matters
	5.14

	 	Subsidiaries
	7.01

	 	Liens
	7.02

	 	Consolidations and Mergers; Sales of Assets
	7.04

	 	Debt
	7.05

	 	Affiliate Transactions
	10.02

	 	Administrative Agent’s Office, Certain Addresses for Notices

EXHIBITS

	 	 	 
	 

	 	Form of
	 
	A

	 	Revolving Loan Notice
	B

	 	Swing Line Loan Notice
	C

	 	Revolving Loan Note
	D

	 	Swing Line Note
	E

	 	Compliance Certificate
	F

	 	Assignment and Assumption

 iv

 

 

CREDIT AGREEMENT

     CREDIT AGREEMENT (“Agreement”) dated as of September 12, 2006, as amended and restated
as of March 5, 2010, among FIDELITY NATIONAL FINANCIAL, INC., a Delaware corporation, known as
Fidelity National Title Group, Inc. prior to the FNF Restructuring, as defined herein (the
“Borrower”), each lender from time to time party hereto (collectively, the
“Lenders” and individually, a “Lender”), BANK OF AMERICA, N.A., as Administrative
Agent and Swing Line Lender, U. S. BANK NATIONAL ASSOCIATION, WACHOVIA BANK, NATIONAL BANK, WELLS
FARGO BANK, NATIONAL ASSOCIATION, and JPMORGAN CHASE BANK, N.A. (collectively, as Co-Syndication
Agents), and BMO CAPITAL MARKETS FINANCING INC., BANK OF THE WEST, CITIBANK, N.A., COMERICA BANK,
KEYBANK NATIONAL ASSOCIATION, SUMITOMO MITSUI BANKING CORP., NEW YORK, SUNTRUST BANK, and UNION
BANK OF CALIFORNIA, N.A. (collectively, as Co-Senior Managing Agents).

     The Borrower, the Lenders and the Administrative Agent are parties to a Credit Agreement dated
as of September 12, 2006 (the “Original Credit Agreement”) and have agreed as of the
Restatement Effective Date, subject to the conditions set forth in the Restatement Agreement, to
amend and restate the Original Credit Agreement in the form hereof.

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

ARTICLE I.

DEFINITIONS AND ACCOUNTING TERMS

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

     “Acquisition” means any transaction or series of related transactions for the purpose
of or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the
assets of a Person, or of any business or division of a Person, (b) the acquisition of in excess of
50% of the Equity Interests of any Person, or otherwise causing any Person to become a Subsidiary
or (c) a merger or consolidation or any other combination with another Person (other than with a
Person that is a Subsidiary); provided that the Borrower or one of its Subsidiaries is the
surviving entity.

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

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

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

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

1

 

with the Person specified. “Control” means the possession, directly or indirectly, of
the power to direct or cause the direction of the management or policies of a Person, whether
through the ability to exercise voting power, by contract or otherwise. “Controlling” and
“Controlled” have meanings correlative thereto. Without limiting the generality of the
foregoing, a Person shall be deemed to be Controlled by another Person if such other Person
possesses, directly or indirectly, power to vote 10% of the Voting Stock of such Person.

     “Agent-Related Persons” means the Administrative Agent, together with its
Affiliates (including, in the case of Bank of America in its capacity as the Administrative Agent,
the BofA Arranger), and the officers, directors, employees, agents and attorneys-in-fact of such
Persons and Affiliates.

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

     “Agreement” means this Credit Agreement.

     “Annual Statement” means the annual financial statement of any insurance company as
required to be filed with the Department, together with all exhibits or schedules filed therewith,
prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines,
pages and columns of such Annual Statements are based on the formats promulgated by the NAIC for
2005 Annual Statements for the applicable type of insurance company. If such format is changed in
future years so that different information is contained in such items or they no longer exist, it
is understood that the reference is to information consistent with that recorded in the referenced
item in the 2005 Annual Statement of the insurance company.

     “Applicable Debt” means obligations described in clauses (a) and (f) of the definition
of Indebtedness contained herein (other than obligations permitted by Section 7.04(f) and
(g)).

     “Applicable Rate” means, from time to time, the following percentages per annum, based
upon the Debt Rating of the Borrower as set forth below:

     (a) with respect to any Tranche 1 Revolving Loan or with respect to the facility fees referred
to in Section 2.08(a) accruing on the Tranche 1 Commitment, as the case may be:

	 	 	 	 	 	 	 	 	 
	Pricing	 	Debt Ratings	 	 	 	Eurodollar	 	 
	Level	 	S&P/Moody’s	 	Facility Fee	 	Rate +	 	Base Rate +
	1
	 	A-/A3 or higher	 	0.070	 	0.230	 	0.000
	2
	 	BBB+/Baa1	 	0.080	 	0.320	 	0.000
	3
	 	BBB/Baa2	 	0.090	 	0.360	 	0.000
	4
	 	BBB-/Baa3	 	0.125	 	0.475	 	0.000
	5
	 	BB+/Ba1 or lower	 	0.175	 	0.675	 	0.000

     (b) with respect to any Tranche 2 Revolving Loan or with respect to the facility fees referred
to in Section 2.08(a) accruing on the Tranche 2 Commitment, as the case may be:

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	Pricing	 	Debt Ratings	 	 	 	Eurodollar	 	 
	Level	 	S&P/Moody’s	 	Facility Fee	 	Rate +	 	Base Rate +
	1
	 	BBB+/Baa1 or higher	 	0.150	 	1.100	 	0.100
	2
	 	BBB/Baa2	 	0.200	 	1.300	 	0.300
	3
	 	BBB-/Baa3	 	0.250	 	1.500	 	0.500
	4
	 	BB+/Ba1 or lower	 	0.350	 	1.900	 	0.900

     After the Tranche 1 Maturity Date, the Applicable Rate for Eurodollar Rate Loans and Base Rate
Loans that are Tranche 2 Revolving Loans for each Pricing Level shall increase by 0.500.

     “Debt Rating” means, as of any date of determination, the rating as determined by
either S&P or Moody’s (collectively, the “Debt Ratings”) of the Borrower’s
non-credit-enhanced, senior unsecured long-term debt; provided that if a Debt Rating is
issued by each of the foregoing rating agencies, then the higher of such Debt Ratings shall apply
(with the Debt Rating for Pricing Level 1 being the highest and the Debt Rating for Pricing Level 5
being the lowest with respect to Tranche 1 Revolving Loans and Pricing Level 4 being the lowest for
Tranche 2 Revolving Loans), unless there is a split in Debt Ratings of more than one level, in
which case the Pricing Level that is one level lower than the Pricing Level of the higher Debt
Rating shall apply. If the Borrower has no Debt Rating from either S&P or Moody’s, the Applicable
Rate shall be deemed to be in Pricing Level 5 with respect to Tranche 1 Revolving Loans and Pricing
Level 4 with respect to Tranche 2 Revolving Loans.

     From and after the Restatement Effective Date the Applicable Rate shall be determined based
upon (i) Pricing Level 4 in the case of Tranche 1 Revolving Loans and Tranche 1 Commitments and
(ii) Pricing Level 3 in the case of Tranche 2 Revolving Loans and Tranche 2 Commitments. The
Applicable Rate immediately following such initial Applicable Rate shall be determined based upon
the initial publicly announced Debt Rating of the Borrower after the Restatement Effective Date,
effective as of the date of such announcement. Thereafter, each change in the Applicable Rate
resulting from a publicly announced change in the Debt Rating shall be effective during the period
commencing on the date of the public announcement thereof and ending on the date immediately
preceding the date of the next such change.

     “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.

     “Arrangers” means, collectively, the BofA Arranger, Wells Fargo Securities, LLC, in
its capacity as a joint lead arranger and a joint book manager, J.P. Morgan Securities Inc., in its
capacity as a joint lead arranger and a joint book manager, and U.S. Bank National Association, in
its capacity as a joint lead arranger and a joint book manager.

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

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

     “Attorney Costs” means and includes all reasonable fees, expenses and disbursements of
any law firm or other external counsel.

     “Attributable Indebtedness” means, on any date, in respect of any Synthetic Lease
Obligation, the capitalized amount of the remaining lease payments under the relevant lease that
would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if
such lease were accounted for as a Capital Lease.

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

     “Availability Period” means the Tranche 1 Availability Period or the Tranche 2
Availability Period.

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

     “Bankruptcy Code” means the Federal Bankruptcy Reform Act of 1978 (11 U.S.C. § 101,
et seq.).

     “Base Rate” means for any day a fluctuating rate per annum equal to the highest of
(a) the sum of 1/2 of 1% plus the Federal Funds Rate for such day, (b) the Prime Rate for such day
and (c) the sum of (i) 1.00% plus (ii) the Eurodollar Rate (for an Interest Period of one month,
determined in accordance with subsection (b) of the definition of Eurodollar Rate).

     “Base Rate Loan” means a Loan that bears interest based on the Base Rate.

     “Blocking Lender” has the meaning specified in Section 10.01.

     “BofA Arranger” means Banc of America Securities LLC, in its capacity as a joint lead
arranger and a joint book manager.

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

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

     “Borrowing” means (a) a Revolving Borrowing of the same Class and Type, made,
converted or continued on the same date and, in the case of Eurodollar Rate Loans, as to which a
single Interest Period is in effect or (b) a Swing Line Borrowing, as the context may require.

     “Business Day” means any day other than a Saturday, Sunday or other day on which
commercial banks are authorized to close under the Laws of, or are in fact closed in, the state

4

 

where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar
Rate Loan, means any such day on which dealings in Dollar deposits are conducted by and between
banks in the London interbank Eurodollar market.

     “Capital Expenditures” means, for any period, the aggregate of all expenditures by the
Borrower and its Subsidiaries during such period that, in conformity with GAAP, are or are required
to be included as additions during such period to property, plant or equipment, and including
capitalized software expenditures, reflected in the consolidated statement of cash flows of the
Borrower and its Subsidiaries.

     “Capital Lease”, as applied to any Person, means any lease of any property (whether
real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is, or is required
to be, accounted for as a capital lease on the balance sheet of that Person.

     “Capitalized Lease Liabilities” means all monetary obligations of the Borrower or any
of its Subsidiaries under any leasing or similar arrangement constituting a Capital Lease and, for
purposes of each Loan Document, the amount of such obligations shall be the capitalized amount
thereof, determined in accordance with GAAP.

     “Capital Stock” means, as to any Person, the equity interests in such Person,
including, without limitation, the shares of each class of capital stock in any Person that is a
corporation, each class of partnership interest in any Person that is a partnership, and each class
of membership interest in any Person that is a limited liability company, and any warrants or
options to purchase or otherwise acquire any such equity interests.

     “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative
Agent, for the benefit of the Swing Line Lender and the Lenders, as collateral for the Swing Line
Loans, cash or deposit account balances (or other credit support satisfactory to the Administrative
Agent and the Swing Line Lender) pursuant to documentation in form and substance satisfactory to
the Administrative Agent and the Swing Line Lender (which documents are hereby consented to by the
Lenders). Derivatives of such term have corresponding meanings.

     “Cash Equivalents” means:

     (a) securities issued or unconditionally guaranteed by the United States government or
any agency or instrumentality thereof, in each case having maturities of not more than 12
months from the date of acquisition thereof;

     (b) securities issued by any state of the United States or any political subdivision of
any such state or any public instrumentality thereof having maturities or interest reset
period of not more than 12 months from the date of acquisition thereof and, at the time of
acquisition, having a rating of at least A-2 or P-2 (or long-term ratings of at least A3 or
A-) from either Rating Agency, or, with respect to municipal bonds, a rating of at least MIG
2 or VMIG 2 from Moody’s;

     (c) commercial paper issued by any Lender or any bank holding company owning any
Lender;

5

 

     (d) commercial paper maturing not more than 12 months after the date of creation
thereof and, at the time of acquisition, having a rating of at least A-1 or P-1 from either
Rating Agency and commercial paper maturing not more than 90 days after the date of creation
thereof and, at the time of acquisition, having a rating of at least A-2 or P-2 from either
Rating Agency;

     (e) domestic and Eurodollar certificates of deposit or bankers’ acceptances maturing no
more than one year after the date of acquisition thereof which are either issued by any
Lender or any other banks having combined capital and surplus of not less than $100,000,000
(or in the case of foreign banks, the dollar equivalent thereof) or are insured by the FDIC
for the full amount thereof;

     (f) repurchase agreements with a term of not more than 30 days for, and secured by,
underlying securities of the type without regard to maturity described in clauses (a), (b)
or (e) above entered into with any bank meeting the qualifications specified in clause (e)
above or securities dealers of recognized national standing; and

     (g) shares of investment companies that are registered under the Investment Company Act
of 1940 and invest solely in one or more of the types without regard to maturity of
securities described in clauses (a) through (f) above.

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

     “Change of Control” means, and shall be deemed to have occurred if: (a) at any time
Continuing Directors shall not constitute a majority of the Board of Directors of the Borrower; or
(b) any Person or “group” (within the meaning of Section 13(d) or 14(d) of the Exchange
Act), other than Mr. William P. Foley II or Persons Controlled by him, shall at any time have
acquired direct or indirect beneficial ownership of a percentage equal to or more than 50% of the
outstanding Voting Stock of the Borrower.

     “Class” when used in reference to (a) any Loan or Borrowing, refers to whether such
Loan, or the Loans comprising such Borrowing, are Tranche 1 Revolving Loans or Tranche 2 Revolving
Loans, (b) any Commitment, refers to whether such Commitment is a Tranche 1 Commitment or a
Tranche 2 Commitment, (c) any Outstanding Amount or Outstandings, refers to whether such
Outstanding Amount is a Tranche 1 Outstanding Amount or Tranche 1 Outstandings or Tranche 2
Outstanding Amount or Tranche 2 Outstandings and (d) any Lender, refers to whether such Lender has
a Commitment or a Revolving Loan of a particular Class.

     “Closing Date” means October 24, 2006.

     “Code” means the Internal Revenue Code of 1986.

     “Co-Senior Managing Agents” has the meaning specified in the introductory paragraph
hereto.

6

 

     “Co-Syndication Agents” has the meaning specified in the introductory paragraph
hereto.

     “Commitment” means a Tranche 1 Commitment or a Tranche 2 Commitment.

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

     “Contingent Obligation” means (without duplication), as to any Person, any direct or
indirect liability of that Person, with or without recourse, guaranteeing or intended to guarantee
any Indebtedness, lease, dividend or other monetary obligation (the “primary obligations”)
of another Person (the “primary obligor”) in any manner, including any obligation of that
Person (a) to purchase, repurchase or otherwise acquire such primary obligations or any security
therefor, (b) to advance or provide funds for the payment or discharge of any such primary
obligation or to maintain working capital or equity capital of the primary obligor or otherwise to
maintain the net worth or solvency or any balance sheet item, level of income or financial
condition of the primary obligor, (c) to purchase property, securities or services primarily for
the purpose of assuring the owner of any such primary obligation of the ability of the primary
obligor to make payment of such primary obligation or (d) otherwise to assure or hold harmless the
holder of any such primary obligation against loss in respect thereof, including indebtedness under
any letter of credit issued to provide credit support on behalf of the primary obligor to the
holder of the primary obligations. The amount of any Contingent Obligation shall be deemed equal
to the lesser of (x) the stated or determinable amount of the primary obligation in respect of
which such Contingent Obligation is made or (y) the amount of the guaranty if limited in amount or,
if not stated or if indeterminable or unlimited in amount, the maximum reasonably anticipated
liability in respect thereof (assuming such Person is required to perform thereunder), as
determined by such Person in good faith. If the Contingent Obligation is limited to recourse
against particular assets, the amount of the Contingent Obligation shall be deemed to be the lesser
of the above and the fair market value of the applicable assets. Notwithstanding the foregoing,
the term “Contingent Obligation” shall not include (a) endorsements of instruments for
deposit or collection in the ordinary course of business, and (b) obligations of any Insurance
Subsidiary under Insurance Contracts, Reinsurance Agreements and Retrocession Agreements (but not
including any of the foregoing that constitutes financial reinsurance).

     “Continuing Director” means, at any date, an individual (a) who is a member of the
Board of Directors of the Borrower on the Closing Date, (b) who, as at such date, has been a member
of such Board of Directors for at least the 12 preceding months (or, for the period comprising the
first 12 months after the Closing Date, has been a member of the Board of Directors at least since
the Closing Date), or (c) who has been nominated to be a member of such Board of Directors by a
majority of the other Continuing Directors then in office.

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

     “Control” has the meaning specified in the definition of “Affiliate.”

7

 

     “Convertible Indebtedness” shall mean unsecured convertible Indebtedness of the
Borrower, including such Indebtedness that is convertible (whether after the satisfaction of any
one or more conditions or otherwise) into any combination of shares of capital stock and/or cash.

     “Credit Extension” means each of the following: (a) a Revolving Borrowing and (b) a
Swing Line Borrowing.

     “Debt Rating” has the meaning set forth in the definition of “Applicable
Rate.”

     “Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other
liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium,
rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the
United States, any state thereof or other applicable jurisdictions from time to time in effect and
affecting the rights of creditors generally.

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

     “Default Rate” means (a) with respect to any amount due hereunder other than with
respect to any Loan, an interest rate equal to (i) the Base Rate plus (ii) the Applicable
Rate, for Base Rate Loans that are Tranche 2 Revolving Loans plus (c) 2% per annum;
(b) with respect to a Base Rate Loan, an interest rate equal to the interest rate (including any
Applicable Rate for such Class) otherwise applicable to such Loan plus 2% per annum, and (c) with
respect to a Eurodollar Rate Loan, an interest rate equal to the interest rate (including any
Applicable Rate for such Class) otherwise applicable to such Loan plus 2% per annum, in each case
to the fullest extent permitted by applicable Laws.

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

8

 

     “Department” means the applicable Governmental Authority of the state of domicile of
an insurance company responsible for the regulation of said insurance company.

     “Designated Subsidiaries” means FNFC, FAMI, Fortuna and their respective Subsidiaries.

     “Disposition” means: (a) the sale, lease, conveyance, issuance or other disposition
of property by the Borrower or any Subsidiary, other than sales, conveyances or other dispositions
expressly permitted under Section 7.02(a), 7.02(b) or 7.02(c); and (b) the
sale or transfer by the Borrower or any Subsidiary of the Borrower of any equity securities issued
by any Subsidiary of the Borrower.

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

     “Domestic Subsidiaries” means all Subsidiaries of the Borrower which are organized and
existing under the laws of any state located in the United States.

     “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 the Swing Line Lender, and (ii) unless an Event of Default has occurred and is
continuing, the Borrower (each such approval not to be unreasonably withheld or delayed);
provided that notwithstanding the foregoing, “Eligible Assignee” shall not include the
Borrower or any of the Borrower’s Affiliates or Subsidiaries.

     “Eligible Bonds” shall mean (a) debt instruments issued by agencies or
instrumentalities of the United States government other than the Department of the Treasury and
(b) corporate and municipal debt instruments and corporate preferred stock which are (i) rated at
least AAA by S&P and Aaa by Moody’s, (ii) regularly traded on a Public Market, and (iii) not
subject to any unduly burdensome federal or state securities laws or other laws which restrict or
limit their sale or transfer in any material respect.

     “Eligible Government Securities” shall mean obligations which are (a) issued or
guaranteed by the United States government (including the Department of the Treasury),
(b) regularly traded on a Public Market, and (c) not subject to any unduly burdensome federal or
state securities laws or other laws which restrict or limit their sale or transfer in any material
respect.

     “Environmental Laws” means any and all Federal, state, local, and foreign statutes,
Laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants,
franchises, licenses, agreements or governmental restrictions relating to pollution and the
protection of the environment or the release of any materials into the environment, including those
related to hazardous substances or wastes, air emissions and discharges to waste or public systems.

     “Equity Interests” means, with respect to any Person, all shares, interests (including
membership and partnership interests), participations or other equivalent (however designated,
whether voting or non-voting) of such Person’s capital, whether now outstanding or issued after the
Closing Date.

9

 

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

     “ERISA Affiliate” means any trade or business (whether or not incorporated) under
common control with the Borrower within the meaning of Section 414(b) or (c) of the Code (and
Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code
or Section 302 of ERISA).

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

     “Eurodollar Rate” means:

     (a) For any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal
to (i) the British Bankers Association LIBOR Rate (“BBA LIBOR”) as published by Reuters (or
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 Dollar deposits (for delivery on the
first day of such Interest Period) with a term equivalent to such Interest Period or (ii) if such
published rate is not available at such time for any reason, the rate determined by the
Administrative Agent to be the rate at which deposits in Dollars for delivery on the first day of
such Interest Period in same day funds in the approximate amount of the Eurodollar Rate Loan being
made, continued or converted by Bank of America and with a term equivalent to such Interest Period
would be offered by Bank of America’s London Branch to major banks in the London interbank
Eurodollar market at their request at approximately 11:00 a.m. (London time) two Business Days
prior to the commencement of such Interest Period.

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

10

 

Branch to major banks in the London interbank Eurodollar market at their request at the date
and time of determination.

     “Eurodollar Rate Loan” means a Revolving Loan that bears interest at a rate based on
the Eurodollar Rate.

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

     “Exchange Act” means the Securities Exchange Act of 1934.

     “Excluded Taxes” means, with respect to the Administrative Agent, any Lender or any
other recipient of any payment to be made by or on account of any obligation of the Borrower
hereunder, (a) taxes imposed on or measured by its overall net income (however denominated), and
franchise taxes imposed on it (in lieu of net income taxes), by the jurisdiction (or any political
subdivision thereof) under the laws of which such recipient is organized or in which its principal
office is located or, in the case of any Lender, in which its applicable Lending Office is located,
(b) any branch profits taxes imposed by the United States or any similar tax imposed by any other
jurisdiction in which the Borrower is located and (c) in the case of a Foreign Lender (other than
an assignee pursuant to a request by the Borrower under Section 10.13), any withholding tax
that is imposed on amounts payable to such Foreign Lender at the time such Foreign Lender becomes a
party hereto (or designates a new Lending Office) or is attributable to such Foreign Lender’s
failure or inability (other than as a result of a Change in Law) to comply with
Section 3.01(e), except to the extent that such Foreign Lender (or its assignor, if any)
was entitled, at the time of designation of a new Lending Office (or assignment), to receive
additional amounts from the Borrower with respect to such withholding tax pursuant to
Section 3.01(a).

     “Existing Credit Agreement” means that certain Credit Agreement dated as of
October 17, 2005 among the Borrower (then known as Fidelity National Title Group, Inc.), Bank of
America, N.A., as administrative agent, and a syndicate of lenders, as amended.

     “Facility Fee” has the meaning specified in Section 2.08(a).

     “FAMI” means Fidelity Asset Management, Inc., a California corporation.

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

     “Fee Letter” means the letter agreement, dated as of July 20, 2006, among the
Borrower, the Administrative Agent and the BofA Arranger.

11

 

     “FIS” means Fidelity National Information Services, Inc., a Georgia corporation.

     “Fiscal Quarter” means any quarter of a Fiscal Year.

     “Fiscal Year” means any period of 12 consecutive calendar months ending on
December 31.

     “FNF” means, prior to the FNF Restructuring, Fidelity National Financial, Inc., a
Delaware corporation.

     “FNF Credit Agreement” means the Credit Agreement dated as of October 17, 2005, by and
among FNF, Bank of America, N.A., as administrative agent, and a syndicate of lenders, as amended.

     “FNF Restructuring” means the restructuring involving the transfer by FNF of certain
assets of FNF to the Borrower in exchange for Equity Interests of the Borrower, the distribution of
Equity Interests of the Borrower to the shareholders of FNF but excluding the merger of FIS and
FNF, with FIS as the survivor and the distribution of Equity Interests of FIS to the shareholders
of FNF, as disclosed in public filings of the Borrower and FNF.

     “FNFC” means FNF Capital Leasing, Inc., a Delaware corporation.

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

     “Foreign Subsidiaries” means all Subsidiaries of the Borrower which are not organized
and existing under the laws of any state of the United States.

     “Fortuna” means Fortuna Service Company, LLC, a California limited liability company.

     “Fronting Exposure” means, at any time there is a Defaulting Lender, that Defaulting
Lender’s Participation Percentage of Swing Line Loans other than Swing Line Loans as to which Cash
Collateral or other credit support acceptable to the Swing Line Lender has been provided in
accordance with Section 2.03 or 2.14.

     “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.

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

12

 

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

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

     “Increase Effective Date” has the meaning specified in Section 2.13.

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

     (a) all obligations of such Person for borrowed money and all obligations of such
Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments
or incurred in connection with bankers’ acceptances, including obligations so evidenced
incurred in connection with the acquisition of property, assets or businesses;

     (b) all direct or contingent obligations of such Person arising under letters of credit
(including standby and commercial), bank guaranties, surety bonds and similar instruments;

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

     (d) all obligations of such Person to pay the deferred purchase price of property or
services (other than (i) trade accounts payable and accrued expenses, including reinsurance
payables, in the ordinary course of business and (ii) accrued pension costs, employee
benefits and postretirement healthcare obligations);

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

     (f) the principal amount of Capitalized Lease Liabilities and purchase money
indebtedness;

     (g) Synthetic Lease Obligations;

     (h) obligations in respect of Redeemable Stock of such Person;

     (i) Receivables Facility Attributed Indebtedness; and

13

 

     (j) all Contingent Obligations of such Person in respect of any of the foregoing.

     For all purposes hereof, the Indebtedness of any Person shall include all recourse
Indebtedness of any partnership, joint venture or limited liability company in which such Person is
a general partner, a joint venturer or a member and for which such Person has liability. The
amount of any net obligation under any Swap Contract on any date shall be deemed to be the Swap
Termination Value thereof as of such date. The amount of any Synthetic Lease Obligation as of any
date shall be deemed to be the amount of Attributable Indebtedness in respect thereof as of such
date. The amount of any Indebtedness which is also a Contingent Obligation shall be determined as
provided in the definition of Contingent Obligations. If any Indebtedness is limited to recourse
against particular assets, the amount of the Indebtedness shall be deemed to be the lesser of the
fair market value of the applicable assets and the corresponding Indebtedness.
“Indebtedness” shall not include obligations of any Insurance Subsidiary under or pursuant
to Insurance Contracts, Reinsurance Agreement and Retrocession Agreements.

     “Indebtedness For Borrowed Money” means, as to any Person at a particular time,
without duplication, all Indebtedness described in clauses (a), (c), (d),
(g), and (i) of the definition of “Indebtedness” above (but excluding intercompany
accounts payable and purchase money indebtedness), and any Contingent Obligations of such Person in
respect of any of the foregoing.

     “Indemnified Taxes” means Taxes other than Excluded Taxes.

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

     “Information” has the meaning set forth in Section 10.07.

     “Insurance Code” means, with respect to any insurance company, the insurance code of
its state of domicile and any successor statute of similar import, together with the regulations
thereunder, as amended or otherwise modified and in effect from time to time. References to
sections of the Insurance Code shall be construed to also refer to successor sections.

     “Insurance Contract” means any insurance contract or policy issued by an Insurance
Subsidiary but shall not include any Reinsurance Agreement or Retrocession Agreement.

     “Insurance Subsidiary” means each Subsidiary of the Borrower identified as an
Insurance Subsidiary (including Subsidiaries of such Subsidiary) on Schedule 5.14 and each
other Subsidiary (including Subsidiaries of such Subsidiary) from time to time in the insurance
business as certified by the Borrower in writing to the Administrative Agent.

     “Interest Expense” means, for any period, the amount of interest expense of the
Borrower (excluding any of its Subsidiaries) during such period determined in accordance with GAAP.

     “Interest Payment Date” means, (a) as to any Loan other than a Base Rate Loan, the
last day of each Interest Period applicable to such Loan and the Tranche 1 Maturity Date or Tranche
2 Maturity Date, as applicable; provided, however, that if any Interest Period for
a Eurodollar Rate Loan exceeds three months, the respective dates that fall every three months
after the

14

 

beginning of such Interest Period shall also be Interest Payment Dates; and (b) as to any Base
Rate Loan (including a Swing Line Loan), the last Business Day of each March, June, September and
December and the Tranche 1 Maturity Date or Tranche 2 Maturity Date, as applicable.

     “Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the
date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan
and ending on the date one, two, three or six months thereafter (or such other period that is
twelve months or less requested by the Borrower and consented to by all of the Lenders), as
selected by the Borrower in its Revolving Loan Notice; provided that:

     (i) any Interest Period that would otherwise end on a day that is not a Business Day
shall be extended to the next succeeding Business Day unless such Business Day falls in
another calendar month, in which case such Interest Period shall end on the next 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 (x) for Tranche 1 Revolving Loans shall extend beyond the
Tranche 1 Maturity Date and (y) for Tranche 2 Revolving Loans shall extend beyond the
Tranche 2 Maturity Date.

     “Interim Statements” means the quarterly financial statement of any insurance company
as required to be filed with the Department, together with all exhibits or schedules filed
therewith, prepared in conformity with SAP. References to amounts on particular exhibits,
schedules, lines, pages and columns of such interim statements are based on the formats promulgated
by the NAIC for 2006 interim statements for the applicable type of insurance company. If such
format is changed in future years so that different information is contained in such terms or they
no longer exist, it is understood that the reference is to information consistent with that
recorded in the referenced item in the 2006 interim statement of the insurance company.

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

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

15

 

     “IRS” means the United States Internal Revenue Service.

     “Laws” means, collectively, all international, foreign, Federal, state and local
statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or
judicial precedents or authorities, including the interpretation or administration thereof by any
Governmental Authority charged with the enforcement, interpretation or administration thereof, and
all applicable administrative orders, directed duties, licenses, authorizations and permits of, and
agreements with, any Governmental Authority having the force of Law or, in the case of
Section 3.02 and 3.04 only, whether or not having the force of Law.

     “Legal Requirements” means all applicable Laws made by any Governmental Authority
(including any Department) having jurisdiction over the Borrower or a Subsidiary of the Borrower.

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

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

     “License” means any license, certificate of authority, permit, franchise or other
authorization which is required to be obtained from any Governmental Authority in connection with
the operation, ownership or transaction of insurance business.

     “Lien” means any mortgage, pledge, hypothecation, assignment for security, deposit
arrangement, encumbrance, lien (statutory or other), charge, or preference, priority or other
security interest or preferential arrangement of any kind or nature whatsoever (including any
conditional sale or other title retention agreement, and any financing lease having substantially
the same economic effect as any of the foregoing, and excluding any interests of a lessor under any
operating leases).

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

     “Loan Documents” means this Agreement, the Restatement Agreement, each Note, the Fee
Letter, and all other documents executed and delivered by the Borrower to the Administrative Agent
or any Lender in connection herewith.

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

     “Material Adverse Effect” means (a) a material adverse change in, or a material
adverse effect upon, the operations, business, properties, liabilities (actual or contingent) or
condition (financial or otherwise) of the Borrower and its Subsidiaries (including Subsidiaries
that were not Subsidiaries of the Borrower prior to the FNF Restructuring but are Subsidiaries of
the Borrower thereafter) taken as a whole; (b) a material impairment of the ability of the Borrower
to perform its obligations under any Loan Document to which it is a party; or (c) a material
adverse

16

 

effect upon the legality, validity, binding effect or enforceability against the Borrower of
any Loan Document to which it is a party.

     “Material Insurance Subsidiary” means a Material Subsidiary that is also an Insurance
Subsidiary.

     “Material Subsidiary” means, at any time, (a) each Subsidiary of the Borrower
identified as a Material Subsidiary on Schedule 5.14 and (b) each other Subsidiary having
(on a consolidated basis with its Subsidiaries) at such time either (i) total (gross) revenues for
the Test Period in excess of 5% of the total (gross) revenues of the Borrower and its Subsidiaries
for such Test Period or (ii) total assets, as of the last day of the preceding Fiscal Quarter,
having a net book value in excess of 5% of the total assets of the Borrower and its Subsidiaries as
of such day, in each case, based upon the Borrower’s most recent annual or quarterly financial
statements delivered to the Administrative Agent under Section 6.01.

     “Maximum Rate” has the meaning set forth in Section 10.09.

     “Minority Lenders” has the meaning specified in Section 10.01.

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

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

     “NAIC” means the National Association of Insurance Commissioners or any successor
thereto, or in absence of the National Association of Insurance Commissioners or such successor,
any other association, agency or other organization performing advisory, coordination or other like
functions among insurance departments, insurance commissioners and similar Governmental Authorities
of the various states of the United States toward the promotion of uniformity in the practices of
such Governmental Authorities.

     “Net Disposition Proceeds” means, as to any Disposition by a Person, proceeds in cash
as and when received by such Person, net of (a) the direct costs relating to such Disposition
excluding amounts payable to such Person or any Affiliate of such Person, (b) the amount of all
taxes paid or reasonably estimated to be payable by such Person in connection therewith, but
including the excess, if any, of the estimated taxes payable in connection with such Disposition
over the actual amount of taxes paid, immediately after the payment of such taxes, (c) amounts
required to be applied to repay principal, interest and prepayment premiums and penalties on
Indebtedness secured by a Lien on the asset which is the subject of such Disposition, and (d) the
amount of any reasonable reserve established in accordance with GAAP (i) in respect of adjustments
in the sale price of the asset which is the subject of such Disposition and (ii) against any
liabilities (other than any taxes deducted pursuant to clause (b) above) associated with the assets
sold or disposed of and retained by the Borrower or any of its Subsidiaries (provided that
the amount of any subsequent reduction of such reserve (other than in connection with a payment in
respect of any such liability) shall be deemed to be Net Disposition Proceeds realized on the date
of such reduction).

17

 

     “Net Income” means, for any period, (a) for the Borrower’s Subsidiaries which are
non-Insurance Subsidiaries, the net income of such non-Insurance Subsidiaries from continuing
operations before extraordinary items (excluding from the calculation of net income gains and
losses from Dispositions of assets) for that period and (b) for purposes of
Section 7.09(a), the net income of the Borrower and its Subsidiaries from continuing
operations before extraordinary items (excluding from the calculation of net income gains and
losses from Dispositions of assets) for that period.

     “Net Worth” means, at any time, the sum of all amounts (without duplication) which, in
accordance with GAAP, would be included in the Borrower’s stockholders’ equity (excluding
unrealized gains or losses recorded pursuant to FAS 115) as required to be reported in the
Borrower’s then most recent consolidated balance sheet required to be delivered to the
Administrative Agent pursuant to this Agreement.

     “Non-Recourse Debt” means, with respect to the Borrower or any of its Subsidiaries,
Indebtedness of the Borrower or any of its Subsidiaries for which the owner of such Indebtedness
has no recourse, directly or indirectly, to the Borrower or any of its Subsidiaries for the
principal, premium, if any, and interest on such Indebtedness, except pursuant to mortgages, deeds
of trust or security interests in respect of specific land or equipment or other real or personal
property interests of the Borrower or any of its Subsidiaries, and the proceeds thereof.

     “Notes” means, collectively, the Revolving Loan Notes and the Swing Line Note.

     “Obligations” means all advances to, and debts, liabilities and monetary obligations
of, the Borrower to any Lender, the Administrative Agent, any Indemnitee or any Affiliate of any
Lender arising under any Loan Document or any Swap Contract related to any Loan Document entered
into with any Lender or Affiliate of a Lender so long as, at the time of execution of such Swap
Contracts, such Lender is a party to this Agreement, whether direct or indirect (including those
acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter
arising, including interest and fees that accrue after the commencement by or against the Borrower
or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the
debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such
proceeding.

     “Off-Balance Sheet Liabilities” means, with respect to any Person as of any date of
determination thereof, without duplication and to the extent not included as a liability on the
consolidated balance sheet of such Person and its Subsidiaries in accordance with GAAP: (a) with
respect to any asset securitization transaction (including any accounts receivable purchase
facility) any payment, recourse, repurchase, hold harmless, indemnity or similar obligation of such
Person or any of its Subsidiaries in respect of assets transferred or payments made in respect
thereof, other than limited recourse provisions that are customary for transactions of such type
and that neither (i) have the effect of limiting the loss or credit risk of such purchasers or
transferees with respect to payment or performance by the obligors of the assets so transferred,
based on creditworthiness issues, nor (ii) impair the characterization of the transaction as a true
sale under applicable Laws (including Debtor Relief Laws); (b) the monetary obligations under any
financing lease or so-called “synthetic”, tax retention or off-balance sheet lease transaction
which, upon the application of any Debtor Relief Law to such

18

 

Person or any of its Subsidiaries, would be characterized as indebtedness; (c) the monetary
obligations under any sale and leaseback transaction which does not create a liability on the
consolidated balance sheet of such Person and its Subsidiaries; or (d) any other monetary
obligation arising with respect to any other transaction which (i) upon the application of any
Debtor Relief Law to such Person or any of its Subsidiaries, would be characterized as indebtedness
and is not so characterized prior to such application or (ii) is the functional equivalent of or
takes the place of borrowing but which does not constitute a liability on the consolidated balance
sheet of such Person and its Subsidiaries (for purposes of this clause (d), any transaction
structured to provide tax deductibility as interest expense of any dividend, coupon or other
periodic payment will be deemed to be the functional equivalent of a borrowing).

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

     “Organization Documents” means, (a) with respect to any corporation, the certificate
or articles of incorporation and the bylaws (or equivalent or comparable constitutive documents
with respect to any non-U.S. jurisdiction); (b) with respect to any limited liability company, the
certificate or articles of formation or organization and operating agreement; and (c) with respect
to any partnership, joint venture, trust or other form of business entity, the partnership, joint
venture or other applicable agreement of formation or organization and any agreement, instrument,
filing or notice with respect thereto filed in connection with its formation or organization with
the applicable Governmental Authority in the jurisdiction of its formation or organization and, if
applicable, any certificate or articles of formation or organization of such entity.

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

     “Outstanding Amount” or “Outstandings” means, on any date, the aggregate
outstanding principal amount of Revolving Loans and Swing Line Loans after giving effect to any
borrowings and prepayments or repayments of Revolving Loans and Swing Line Loans, as the case may
be, occurring on such date.

     “Participation Percentage” means, with respect to any Lender, the percentage of the
total Commitments represented by such Lender’s Commitment. If (a) the Commitments of any Class have
terminated (other than pursuant to Section 8.02) in accordance with the terms hereof, the
Participation Percentages shall be determined without giving effect to the Commitments of such
Class, and (b) the Commitments of all Classes have terminated (or the Commitments of any Class have
terminated pursuant to Section 8.02), the Participation Percentages shall be determined
based upon the Commitments (or the Commitments of such Class) most recently in effect, giving
effect to any assignments.

     “Participant” has the meaning specified in Section 10.07(d).

     “PBGC” means the Pension Benefit Guaranty Corporation.

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

     “Permitted Accounts Securitization” means, with respect to the Borrower and its
Subsidiaries, any pledge, sale, transfer, contribution, conveyance or other disposition to a
Securitization Vehicle of (a) accounts, chattel paper, instruments or general intangibles (each as
defined in the UCC) arising in connection with the sale of goods or the rendering of services by
such Person, including, without limitation, the related rights to any finance, interest, late
payment charges or similar charges (such items, the “Receivables”), (b) such Person’s
interest in the inventory or goods the sale of which by such Person gave rise to such Receivable
(but only to the extent such inventory or goods consists of returned or repossessed inventory or
goods, if any), (c) all other guaranties, letters of credit, insurance and security interests or
liens purporting to secure or support payment of such Receivable, (d) all insurance contracts,
service contracts, books and records associated with such Receivable, (e) any lockbox, post office
box or similar deposit account related solely to the accounts being transferred, (f) cash
collections and cash proceeds of such Receivable and (g) any proceeds of the foregoing (all such
items referenced in clauses (a) through (g), the “Transferred Assets”) which such sale,
transfer, contribution, conveyance or other disposition is funded by the Securitization Vehicle in
whole or in part by borrowings or the issuance of instruments or securities that are paid
principally from the cash derived from such Transferred Assets; provided that the aggregate
amount of gross proceeds available to the Borrower or any Subsidiary in connection with all such
transactions shall not at any time exceed the greater of (i) $100,000,000 and (ii) 3% of Net Worth
and provided further that such sale, transfer, contribution, conveyance or other
disposition and any Indebtedness arising from such sale, transfer, contribution, conveyance or
other disposition shall be without recourse to the Borrower or any of its Subsidiaries except with
respect to (A) reductions in the balance of such Receivable as a result of any defective or
rejected goods or set off by the obligor of such Receivable transferred by such Person, or (B)
breaches of representations or warranties by such Person in any agreement, document or instrument
executed by such Person in connection with such pledge, sale, transfer, contribution, conveyance or
disposition.

     “Permitted Acquisition” means, at any time of determination, any Acquisition by the
Borrower or any of its Subsidiaries with respect to which each of the following requirements are
met:

     (a) such Acquisition has been approved and recommended by the board of directors or
general partner (or similar entity) of the Person to be acquired or which owns the assets of
the Person be acquired;

     (b) at the time of such Acquisition, no Default or Event of Default (including without
limitation under the provisions of Section 7.09) shall have occurred and be
continuing or would result therefrom; and

20

 

     (c) the business of the Person or assets to be acquired is in the real estate or title
insurance business or is in an industry or business to which making a loan would not violate
one or more lending policies of any Lender, provided that any such Lender’s policies
are uniformly administered and applied by such Lender.

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

     “Permitted Synthetic Lease” means that certain Synthetic Lease dated June 29, 2004 (as
amended from time to time), by and among SunTrust Equity Funding, LLC, as Lessor, and FNF and
certain other Subsidiaries, as Lessees, which Synthetic Lease shall not evidence Attributable
Indebtedness of the Lessees in excess of $75,000,000, including any extensions, renewals,
replacements (which may include sale-leasebacks) and refinancings in respect thereof, provided the
Attributable Indebtedness of the Lessees as a result thereof does not exceed $75,000,000.

     “Permitted Synthetic Lease Liens” means a first priority Lien on the Borrower’s
leasehold interest in the Leased Property (as defined in the Permitted Synthetic Lease) in favor of
the Synthetic Lease Lenders and Liens on the Borrower’s leasehold interest in the Leased Property
permitted by the Permitted Synthetic Lease.

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

     “Plan” means any “employee benefit plan” (as such term is defined in
Section 3(3) of ERISA) established by the Borrower or, with respect to any such plan that is
subject to Section 412 of the Code, Section 302 of ERISA or Title IV of ERISA, any ERISA Affiliate.

     “Platform” has the meaning specified in Section 6.02.

     “Prime Rate” means 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.

     “Pro Rata Share” means, with respect to each Lender at any time, a fraction (expressed
as a percentage, carried out to the ninth decimal place), the numerator of which is the amount of
the Commitment of such Lender at such time and the denominator of which is the amount of the
Aggregate Commitments at such time; provided that if the commitment of each Lender to make
Loans has been terminated pursuant to Section 8.02, then the Pro Rata Share of each Lender
shall be determined based on the Pro Rata Share of such Lender immediately prior to such
termination and after giving effect to any subsequent assignments made pursuant to the terms
hereof. The initial Pro Rata Share of each Lender is set forth opposite the name of such Lender on
Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a
party hereto, as applicable.

21

 

     “Public Debentures” means (a) those certain 7.30% Notes Due August 15, 2011, made by
FNF, dated as of August 20, 2001, in the aggregate principal amount of $250,000,000 issued pursuant
to that certain Indenture by and between the Borrower and The Bank of New York dated as of August
20, 2001 (and related agreements and instruments) and (b) those certain 5.25% Notes Due March 15,
2013, made by FNF, dated as of March 11, 2003, in the aggregate principal amount of $250,000,000
issued pursuant to that certain Indenture dated as of December 8, 2005 between the Borrower and The
Bank of New York Trust Company, N.A. (and related agreements and instruments), as amended by that
certain First Supplemental Indenture dated as of January 6, 2006, the obligations with respect to
all such Notes which have been assumed by the Borrower.

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

     “Public Market” shall mean a nationally recognized United States public exchange or
other market reasonably acceptable to the Administrative Agent on which securities, debt
instruments and/or mutual funds are regularly traded.

     “Rating Agency” means S&P or Moody’s, collectively, the “Rating Agencies”.

     “Receivables” has the meaning specified in the definition of Permitted Accounts
Securitization.

     “Receivables Facility Attributed Indebtedness” means the amount of recourse
obligations outstanding under a receivables purchase facility on any date of determination.

     “Redeemable Stock” means any Equity Interests of the Borrower or any of its
Subsidiaries which prior to November 8, 2011 is or may be (a) mandatorily redeemable,
(b) redeemable at the option of the holder thereof or (c) convertible into Indebtedness.

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

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

     “Reinsurance Agreement” means any agreement, contract, treaty or other arrangement
whereby one or more insurers, as reinsurers, assume liabilities of one or more insurance or
reinsurance companies.

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

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

     “Request for Credit Extension” means (a) with respect to a Revolving Borrowing,
conversion or continuation of Revolving Loans, a Revolving Loan Notice, and (b) with respect to a
Swing Line Loan, a Swing Line Loan Notice.

22

 

     “Required Lenders” means, as of any date of determination, at least two Lenders having
more than 50% of the Aggregate Commitments or, if the commitment of each Lender to make Loans has
been terminated pursuant to Section 8.02, at least two Lenders holding in the aggregate
more than 50% of the Outstandings (with the aggregate amount of each Lender’s risk participation
and funded participation in Swing Line Loans being deemed “held” by such Lender for
purposes of this definition); provided that the Commitment of, and the portion of the
Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making
a determination of Required Lenders.

     “Responsible Officer” means the chief executive officer, president, executive vice
presidents, chief financial officer, treasurer, controller, secretary or assistant secretary of the
Borrower. Any document delivered hereunder that is signed by a Responsible Officer of the Borrower
shall be conclusively presumed to have been authorized by all necessary corporate, partnership
and/or other action on the part of the Borrower and such Responsible Officer shall be conclusively
presumed to have acted on behalf of the Borrower.

     “Restatement Agreement” means the Amendment and Restatement Agreement dated as of
March 5, 2010, among the Borrower, the Lenders party thereto, the Swing Line Lender and Bank of
America, N.A., as the Administrative Agent.

     “Restatement Effective Date” has the meaning assigned to such term in the Restatement
Agreement.

     “Restricted Payments” has the meaning specified in Section 7.06.

     “Retrocession Agreement” means any agreement, contract, treaty or other arrangement
whereby one or more insurers or reinsurers, as retrocessionaires, assume liabilities of reinsurers
under a Reinsurance Agreement or other retrocessionaires under another Retrocession Agreement.

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

     “Revolving Loan” means a Tranche 1 Revolving Loan or a Tranche 2 Revolving Loan.

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

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

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

23

 

     “SAP” means, as to any insurance company, the statutory accounting practices
prescribed or permitted by the Department, or in the event that the Department fails to prescribe
or address such practices, NAIC guidelines.

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

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

     “Securities Laws” means the Securities Act of 1933, the Securities Exchange Act of
1934, Sarbanes-Oxley and the applicable accounting and auditing principles, rules, standards and
practices promulgated, approved or incorporated by the SEC or the Public Company Accounting
Oversight Board, as each of the foregoing may be amended and in effect on any applicable date
hereunder.

     “Securitization Vehicle” means one or more special purpose vehicles that are, directly
or indirectly, wholly-owned Subsidiaries of the Borrower and are Persons organized for the limited
purpose of entering into a Permitted Accounts Securitization and whose structure is designed to
insulate such vehicle from the credit risk of the Borrower and its other Subsidiaries.

     “Solvent” means, as to any Person at any time, that (a) the fair value of the property
of such Person is greater than the amount of such Person’s liabilities (including disputed,
contingent and unliquidated liabilities) as such value is established and liabilities evaluated for
purposes of Section 548 of the Bankruptcy Code and for purposes of the New York Uniform Fraudulent
Transfer Act; (b) the present fair saleable value of the property of such Person is not less than
the amount that will be required to pay the probable liability of such Person on its debts as they
become absolute and matured; (c) such Person is able to realize upon its property and pay its debts
and other liabilities (including disputed, contingent and unliquidated liabilities) as they mature
in the normal course of business; (d) such Person does not intend to, and does not believe that it
will, incur debts or liabilities beyond such Person’s ability to pay as such debts and liabilities
mature; and (e) such Person is not engaged in business or a transaction, and is not about to engage
in business or a transaction, for which such Person’s property would constitute unreasonably small
capital.

     “Subsidiary” of a Person means any Person of which more than 50% of the Voting Stock,
or other Equity Interests (in the case of Persons other than corporations), is owned or controlled
directly or indirectly by the Person, or one or more of the Subsidiaries of the Person, or a
combination thereof; provided, however, for purposes of this Agreement and any
other Loan Document, FIS and its Subsidiaries shall not be deemed to be Subsidiaries of the
Borrower. Subject to the immediately preceding sentence, unless the context otherwise clearly
requires, references herein to a “Subsidiary” refer to a Subsidiary of the Borrower.

     “Sufficient Liquidity” means cash and Cash Equivalents (including, without limitation,
availability under this Agreement), Eligible Bonds and Eligible Government Securities in an
aggregate amount equal to or greater than the principal amount of any Convertible Indebtedness that
is surrendered for conversion or required to be prepaid, to the extent cash is payable in respect
of the applicable conversion or prepayment.

24

 

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

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

     “Swing Line” means the revolving credit facility made available by the Swing Line
Lender pursuant to Section 2.03.

     “Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to
Section 2.03.

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

     “Swing Line Loan” has the meaning specified in Section 2.03(a).

     “Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to
Section 2.03(b), which, if in writing, shall be substantially in the form of
Exhibit B.

     “Swing Line Note” means a promissory note made by the Borrower in favor of the Swing
Line Lender evidencing Swing Line Loans made by such Lender, substantially in the form of
Exhibit D.

     “Swing Line Sublimit” means an amount equal to the lesser of (a) $25,000,000 and
(b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the
Aggregate Commitments.

25

 

     “Synthetic Lease Lenders” means those lending institutions that provide financing
under the Permitted Synthetic Lease.

     “Synthetic Lease Obligation” means the monetary obligation of a Person under (a) a
so-called synthetic, off-balance sheet or tax retention lease, or (b) an agreement for the use or
possession of property creating obligations that do not appear on the balance sheet of such Person
but which, upon the insolvency or bankruptcy of such Person, would be characterized as the
indebtedness of such Person (without regard to accounting treatment).

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

     “Test Period” means, for any determination under this Agreement, (a) for any Person
which becomes a Subsidiary pursuant to an Acquisition, (i) during the Fiscal Year of the Borrower
during which such Acquisition is consummated, the period beginning on the first day of such Fiscal
Year and ending on the last day of the Fiscal Quarter of the Borrower then last ended and (ii) at
all times after the end of the Fiscal Year of the Borrower during which such Acquisition is
consummated, the four consecutive Fiscal Quarters of the Borrower then last ended and (b) for the
Borrower and any other Subsidiary, the four consecutive Fiscal Quarters of the Borrower then last
ended.

     “Total Capitalization” means, at any time, the sum of Net Worth and Total Debt.

     “Total Debt” means, at any time, with respect to the Borrower and its Subsidiaries,
the sum, without duplication, of (a) Applicable Debt at such time, (b) noncontingent reimbursement
or payment obligations in respect of the items referred to in clause (b) of the definition of
Indebtedness contained in this Agreement at such time, and (c) Contingent Obligations in respect of
Applicable Debt of another Person at such time, minus (d) Non-Recourse Debt of the Designated
Subsidiaries.

     “Total Debt to Total Capitalization Ratio” means, at any time, the ratio of Total Debt
to Total Capitalization at such time.

     “Tranche 1 Availability Period” means the period from and including the Restatement
Effective Date to but excluding the earlier of the Tranche 1 Maturity Date and the date of
termination of the Tranche 1 Commitments.

     “Tranche 1 Commitment” means, as to each Lender, its obligation to (a) make Tranche 1
Revolving Loans to the Borrower pursuant to Section 2.01, and (b) purchase participations
in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the
amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and
Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may
be adjusted from time to time in accordance with this Agreement.

     “Tranche 1 Lender” means a Lender with a Tranche 1 Commitment or, if the Tranche 1
Commitments have terminated, a Lender with Tranche 1 Outstandings.

26

 

     “Tranche 1 Maturity Date” means the earliest of (a) October 24, 2011 or (b) the date
of termination of the Tranche 1 Commitments pursuant to Section 2.05, and (c) the date of
termination of the commitment of each Lender to make Loans pursuant to Section 8.02.

     “Tranche 1 Outstanding Amount” or “Tranche 1 Outstandings” means, on any date,
the aggregate outstanding principal amount of Tranche 1 Revolving Loans and Swing Line Loans after
giving effect to any borrowings and prepayments or repayments of Tranche 1 Revolving Loans and
Swing Line Loans, as the case may be, occurring on such date.

     “Tranche 1 Participation Percentage” with respect to any Tranche 1 Lender, the
percentage of the Tranche 1 Commitments represented by such Lender’s Tranche 1 Commitment. If the
Tranche 1 Commitments have terminated, the Tranche 1 Participation Percentages shall be determined
based upon the Tranche 1 Commitments most recently in effect, giving effect to any assignments.

     “Tranche 1 Revolving Loan” has the meaning specified in Section 2.01(a).

     “Tranche 2 Availability Period” means the period from and including the Restatement
Effective Date to but excluding the earlier of the Tranche 2 Maturity Date and the date of
termination of the Tranche 2 Commitments.

     “Tranche 2 Commitment” means, as to each Lender, its obligation to (a) make Tranche 2
Revolving Loans to the Borrower pursuant to Section 2.01, and (b) purchase participations
in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the
amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and
Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may
be adjusted from time to time in accordance with this Agreement.

     “Tranche 2 Lender” means a Lender with a Tranche 2 Commitment or, if the Tranche 2
Commitments have terminated, a Lender with Tranche 2 Outstandings.

     “Tranche 2 Maturity Date” means the earliest of (a) March 5, 2013, or (b) the date of
termination of the Tranche 2 Commitments pursuant to Section 2.05, and (c) the date of
termination of the commitment of each Lender to make Loans pursuant to Section 8.02.

     “Tranche 2 Outstanding Amount” or “Tranche 2 Outstandings” means, on any date,
the aggregate outstanding principal amount of Tranche 2 Revolving Loans and Swing Line Loans after
giving effect to any borrowings and prepayments or repayments of Tranche 2 Revolving Loans and
Swing Line Loans, as the case may be, occurring on such date.

     “Tranche 2 Participation Percentage” with respect to any Tranche 2 Lender, the
percentage of the Tranche 2 Commitments represented by such Lender’s Tranche 2 Commitment. If the
Tranche 2 Commitments have terminated, the Tranche 2 Participation Percentages shall be determined
based upon the Tranche 2 Commitments most recently in effect, giving effect to any assignments.

     “Tranche 2 Revolving Loan” has the meaning specified in Section 2.01(b).

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     “Transferred Assets” has the meaning specified in the definition of Permitted Accounts
Securitization.

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

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

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

     “Voting Stock” means, with respect to any Person, shares of such Person’s Equity
Interests having the right to vote for the election of directors or other governing body of such
Person under ordinary circumstances.

     “Wholly-Owned Subsidiary” means any Person in which (other than directors’ qualifying
Equity Interests required by Law) 100% of the Voting Stock and 100% of the Equity Interests of
every other class, in each case, at the time as of which any determination is being made, is owned,
beneficially and of record, by the Borrower, or by one or more of the other Wholly-Owned
Subsidiaries, or both.

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

     (a) The definitions of terms herein shall apply equally to the singular and plural forms of
the terms defined. Whenever the context may require, any pronoun shall include the corresponding
masculine, feminine and neuter forms. The words “include,” “includes” and
“including” shall be deemed to be followed by the phrase “without limitation.” The word
“will” shall be construed to have the same meaning and effect as the word “shall.”
Unless the context requires otherwise, (i) any definition of or reference to any agreement,
instrument or other document (including any Organization Document) shall be construed as referring
to such agreement, instrument or other document as from time to time amended, supplemented or
otherwise modified (subject to any restrictions on such amendments, supplements or modifications
set forth herein or in any other Loan Document), (ii) any reference herein to any Person shall be
construed to include such Person’s successors and assigns, (iii) the words “herein,”
“hereof” and “hereunder,” and words of similar import when used in any Loan
Document, shall be construed to refer to such Loan Document in its entirety and not to any
particular provision thereof, (iv) all references in a Loan Document to Articles, Sections,
Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and
Schedules to, the Loan Document in which such references appear, (v) any reference to any law shall
include all statutory and regulatory provisions consolidating, amending, replacing or interpreting
such law and any reference to any law or regulation shall, unless otherwise specified, refer to
such law or regulation as amended, modified or supplemented from time to time, and (vi) the words
“asset” and “property” shall be construed to have the same meaning and effect and

28

 

to refer to any and all tangible and intangible assets and properties, including cash,
securities, accounts and contract rights.

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

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

     (d) For purposes of Section 8.01, a breach of a financial covenant contained in
Section 7.09 shall be deemed to have occurred as of any date of determination thereof by
the Administrative Agent or as of the last day of any specified measuring period, regardless of
when the financial statements reflecting such breach are delivered to the Administrative Agent and
the Lenders.

     (e) For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a
“Tranche 1 Revolving Loan”) or by Type (e.g., a “Eurodollar Rate Loan”) or by Class and Type (e.g.,
a “Tranche 1 Eurodollar Revolving Loan”). Borrowings also may be classified and referred to by
Class (e.g., a “Tranche 1 Revolving Borrowing”) or by Type (e.g., a “Eurodollar Borrowing”) or by
Class and Type (e.g., a “Tranche 1 Eurodollar Revolving Borrowing”).

     1.03 Accounting Terms.

     (a) All accounting terms not specifically or completely defined herein shall be construed in
conformity with, and all financial data (including financial ratios and other financial
calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity
with, GAAP or SAP, as applicable, applied on a consistent basis, as in effect from time to time,
applied in a manner consistent with that used in preparing the Audited Financial Statements and the
December 31, 2005 Annual Statements, as the case may be, except for changes authorized or
required by GAAP and concurred in by the Borrower’s Registered Public Accounting Firm (but subject
to clause (b) of this Section 1.03), and except as otherwise specifically
prescribed herein.

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

29

 

calculations of such ratio or requirement made before and after giving effect to such change
in GAAP or SAP or required by any Governmental Authority, as applicable.

     1.04 Rounding. Any financial ratios required to be maintained by the Borrower pursuant to
this Agreement shall be calculated by dividing the appropriate component by the other component,
carrying the result to one place more than the number of places by which such ratio is expressed
herein and rounding the result up or down to the nearest number (with a rounding-up if there is no
nearest number) and shall exclude the financial results of any Person which, solely due to FASB
Interpretation No. 46, GAAP requires the Borrower to consolidate in its financial statements, but
only to the extent that the owners of such Person’s Indebtedness have no recourse, directly or
indirectly, to the Borrower or any of its Subsidiaries for the principal, premium, if any, and
interest on such Indebtedness.

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

ARTICLE II.

THE COMMITMENTS AND CREDIT EXTENSIONS

     2.01 Revolving Loans.

     (a) Subject to the terms and conditions set forth herein, each Tranche 1 Lender severally
agrees to make loans (each such loan, a “Tranche 1 Revolving Loan”) to the Borrower from
time to time, on any Business Day during the Tranche 1 Availability Period, in an aggregate amount
not to exceed at any time outstanding the amount of such Tranche 1 Lender’s Tranche 1 Commitment;
provided, however, that after giving effect to any Revolving Borrowing, (i) the
Tranche 1 Outstandings of all the Tranche 1 Lenders shall not exceed the aggregate Tranche 1
Commitments and (ii) the aggregate Outstanding Amount of the Tranche 1 Revolving Loans of any
Tranche 1 Lender, plus such Tranche 1 Lender’s Tranche 1 Participation Percentage of the
Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche 1 Commitment.
Within the limits of each Lender’s Tranche 1 Commitment, and subject to the other terms and
conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under
Section 2.04, and reborrow under this Section 2.01(a).

     (b) Subject to the terms and conditions set forth herein, each Tranche 2 Lender severally
agrees to make loans (each such loan, a “Tranche 2 Revolving Loan”) to the Borrower from
time to time, on any Business Day during the Tranche 2 Availability Period, in an aggregate amount
not to exceed at any time outstanding the amount of such Tranche 2 Lender’s Tranche 2 Commitment;
provided, however, that after giving effect to any Revolving Borrowing, (i) the
Tranche 2 Outstandings of all the Tranche 2 Lenders shall not exceed the aggregate Tranche 2
Commitments and (ii) the aggregate Outstanding Amount of the Tranche 2 Revolving Loans of any
Tranche 2 Lender, plus such Tranche 2 Lender’s Tranche 2 Participation Percentage of the
Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche 2 Commitment.
Within the limits of each Lender’s Tranche 2 Commitment, and subject to the other terms and
conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under
Section 2.04, and reborrow under this Section 2.01(b).

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     (c) Notwithstanding the foregoing, so long as any Tranche 1 Commitments shall be in effect,
subject to Section 2.02(g) below, the Borrower will not borrow Revolving Loans of either
Class unless it shall simultaneously borrow Revolving Loans of the other Class and, in the case of
Eurodollar Rate Loans, with the same initial Interest Period, in an aggregate amount such that the
Revolving Loan made by each Lender on the occasion of such borrowing shall equal its Participation
Percentage of the aggregate amount borrowed; provided, that if at the time of any
borrowing, or after giving effect thereto, there shall be no remaining unused amount of the
Commitments of one Class and there shall be a remaining unused amount of the Commitments of the
other Class, such borrowing, or portion thereof, may utilize up to the entire remaining unused
amount of Commitments of such Class without regard to the limitation set forth in this Section
2.01(c).

     (d) Notwithstanding any other provision of this Agreement, (i) any Tranche 1 Lender may, with
the consent of the Borrower, convert its Tranche 1 Commitment and Tranche 1 Revolving Loans to a
Tranche 2 Commitment and Tranche 2 Revolving Loans, and (ii) one or more financial institutions
(which may include any Lender) selected by the Borrower and, in the case of financial institutions
that are not Lenders, approved by the Administrative Agent (such approval not to be unreasonably
withheld or delayed) may establish new Tranche 2 Commitments provided that in connection therewith,
there shall be a simultaneous reduction under Section 2.05 of an equivalent amount of the
Tranche 1 Commitments (which (A) in the case of the conversion of a Tranche 1 Commitment, shall be
effected by the reduction of such Tranche 1 Commitment by the amount of such conversion and (B) in
the case of a new Tranche 2 Commitment, shall be effected by a pro rata reduction of the Tranche 1
Commitments then in effect), in each case subject to the Borrower, the Administrative Agent and the
Lenders or other financial institutions converting their Commitments or establishing new Tranche 2
Commitments, as the case may be, agreeing upon and implementing appropriate measures to ensure that
each Lender’s Loans of each Class will represent the same percentage of its Commitment of such
Class as the Loans of the other Lenders of such Class represent of their Commitments of such Class.
The Administrative Agent is hereby authorized to require such prepayments, reborrowings and other
actions hereunder as shall be agreed upon pursuant to the immediately preceding sentence.

     2.02 Borrowings, Conversions and Continuations of Revolving Loans.

     (a) Each Tranche 1 Revolving Loan shall be made as part of a Borrowing consisting of Tranche 1
Revolving Loans made by the Tranche 1 Lenders ratably in accordance with their respective Tranche 1
Participation Percentages. Each Tranche 2 Revolving Loan shall be made as part of a Borrowing
consisting of Tranche 2 Revolving Loans made by the Tranche 2 Lenders ratably in accordance with
their respective Tranche 2 Participation Percentages. The failure of any Lender to make any Loan
required to be made by it shall not relieve any other Lender of its obligations hereunder; provided
that the Commitments of the Lenders are several and no Lender shall be responsible for any other
Lender’s failure to make Loans as required.

     (b) Each Revolving Borrowing, each conversion of Revolving Loans from one Type to the other,
and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice
to the Administrative Agent, which may be given by telephone. Each such notice must be received by
the Administrative Agent not later than 11:00 a.m. (i) three Business

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Days prior to the requested date of any Borrowing of, conversion to or continuation of
Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base Rate Loans, and (ii) on
the requested date of any Borrowing of Base Rate Loans.

Each telephonic notice by the Borrower pursuant to this Section 2.02(b) must be confirmed
promptly by delivery to the Administrative Agent of a written Revolving Loan Notice, appropriately
completed and signed by a Responsible Officer of the Borrower. Each Borrowing of, conversion to or
continuation of Eurodollar Rate Loans shall be in a principal amount of $3,000,000 or a whole
multiple of $1,000,000 in excess thereof. Except as provided in Sections 2.03(b) and
(c), each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of
$1,000,000 or a whole multiple of $1,000,000 in excess thereof. Each Revolving Loan Notice
(whether telephonic or written) shall specify (i) whether the Borrower is requesting a Revolving
Borrowing, a conversion of Revolving Loans from one Type to the other, or a continuation of
Eurodollar Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the
case may be (which shall be a Business Day), (iii) the Class and the principal amount of Revolving
Loans to be borrowed, converted or continued, (iv) the Type of Revolving Loans to be borrowed or to
which existing Revolving Loans are to be converted, and (v) if applicable, the duration of the
Interest Period with respect thereto.

If the Borrower fails to specify a Type of Revolving Loan in a Revolving Loan Notice or if the
Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable
Revolving Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion
to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with
respect to the applicable Eurodollar Rate Loans. If the Borrower requests a Borrowing of,
conversion to, or continuation of Eurodollar Rate Loans in any such Revolving Loan Notice, but
fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one
month.

     (c) Following receipt of a Revolving Loan Notice, the Administrative Agent shall promptly
notify each Lender of the applicable Class of the details thereof and of such Lender’s Loan to be
made as part of the requested Borrowing, and if no timely notice of a conversion or continuation is
provided by the Borrower, the Administrative Agent shall notify each Lender of the details of any
automatic conversion to Base Rate Loans described in the preceding subsection. In the case of a
Revolving Borrowing, each Lender shall make the amount of its Revolving Loan available to the
Administrative Agent in immediately available funds at the Administrative Agent’s Office not later
than 1:00 p.m. on the Business Day specified in the applicable Revolving Loan Notice. Upon
satisfaction of the applicable conditions set forth in Section 4.02 (and, if such Borrowing
is the initial Credit Extension, Section 4.01), the Administrative Agent shall make all
funds so received available to the Borrower in like funds as received by the Administrative Agent
either by (i) crediting the account of the Borrower on the books of Bank of America with the amount
of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions
provided to (and reasonably acceptable to) the Administrative Agent by the Borrower;
provided, however, that if, on the date the Revolving Loan Notice with respect to
such Borrowing is given by the Borrower, there are Swing Line Loans outstanding, then the proceeds
of such Borrowing shall be applied, first, to the payment in full of any such Swing Line
Loans, and second, to the Borrower as provided above.

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     (d) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or converted
only on the last day of an Interest Period for such Eurodollar Rate Loan. During the existence of
a Default, no Loans may be requested as, converted to or continued as Eurodollar Rate Loans without
the consent of the Required Lenders.

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

     (f) After giving effect to all Revolving Borrowings, all conversions of Revolving Loans from
one Type to the other, and all continuations of Revolving Loans as the same Type, there shall not
be more than five Interest Periods in effect with respect to Revolving Loans.

     (g) Notwithstanding any other provision of this Agreement, (i) so long as any Tranche 1 Loans
shall be outstanding, the Borrower shall not convert or continue a Revolving Borrowing of either
Class under this Section unless it shall simultaneously and ratably convert in the same manner the
corresponding Revolving Borrowing of the other Class and (ii) the Borrower shall not be entitled to
request, or to elect to convert or continue, (x) any Tranche 1 Borrowing if the Interest Period
requested with respect thereto would end after the Tranche 1 Maturity Date and (y) any Tranche 2
Borrowing if the Interest Period requested with respect thereto would end after the Tranche 2
Maturity Date.

     2.03 Swing Line Loans.

     (a) The Swing Line. Subject to the terms and conditions set forth herein, the Swing
Line Lender agrees, in reliance upon the agreements of the other Lenders set forth in this
Section 2.03 but in its sole discretion and without any obligation, to make loans (each
such loan, a “Swing Line Loan”) to the Borrower from time to time on any Business Day
during the Tranche 2 Availability Period in an aggregate amount not to exceed at any time
outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line
Loans, when aggregated with the Participation Percentage of the Outstanding Amount of Revolving
Loans of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Commitment;
provided, however, that after giving effect to any Swing Line Loan, (i) the Tranche
1 Outstandings of all the Tranche 1 Lenders shall not exceed the aggregate Tranche 1 Commitments,
(ii) the Tranche 2 Outstandings of all the Tranche 2 Lenders shall not exceed the aggregate Tranche
2 Commitments, (iii) the aggregate Outstanding Amount of the Tranche 1 Revolving Loans of any
Tranche 1 Lender, plus such Tranche 1 Lender’s Tranche 1 Participation Percentage of the
Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche 1 Commitment and
(iv) the aggregate Outstanding Amount of the Tranche 2 Revolving Loans of any Tranche 2 Lender,
plus such Tranche 2 Lender’s Tranche 2 Participation Percentage of the Outstanding Amount
of all Swing Line Loans shall not exceed such Lender’s Tranche 2 Commitment, and provided,
further, that the Borrower shall not use the proceeds of any Swing Line Loan to refinance
any outstanding Swing Line Loan. Within the foregoing limits, and

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subject to the other terms and conditions hereof, the Borrower may borrow under this
Section 2.03, prepay under Section 2.04, and reborrow under this
Section 2.03. Each Swing Line Loan shall be a Base Rate Loan. Immediately upon the making
of a Swing Line Loan, each Lender shall be deemed to, and hereby, subject to the condition set
forth in Section 2.03(a)(ii) above, irrevocably and unconditionally agrees to, purchase
from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the
product of such Lender’s Participation Percentage times the amount of such Swing Line Loan.

     (b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the Borrower’s
irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by
telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent
not later than 1:00 p.m. on the requested borrowing date, and shall specify (i) the amount to be
borrowed, which shall be a minimum of $1,000,000 or a whole multiple of $100,000 in excess
thereof), and (ii) the requested borrowing date, which shall be a Business Day. Each such
telephonic notice must be confirmed promptly by delivery to the Swing Line Lender and the
Administrative Agent of a written Swing Line Loan Notice, appropriately completed and signed by a
Responsible Officer of the Borrower. Promptly after receipt by the Swing Line Lender of any
telephonic Swing Line Loan Notice, the Swing Line Lender will confirm with the Administrative Agent
(by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan
Notice and, if not, the Swing Line Lender will notify the Administrative Agent (by telephone or in
writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone
or in writing) from the Administrative Agent (including at the request of any Lender) prior to
2:00 p.m. on the date of the proposed Swing Line Borrowing (A) directing the Swing Line Lender not
to make such Swing Line Loan as a result of the limitations set forth in the first proviso to the
first sentence of Section 2.03(a), or (B) that one or more of the applicable conditions
specified in Article IV is not then satisfied, then, subject to the terms and conditions
hereof, the Swing Line Lender will, not later than 3:00 p.m. on the borrowing date specified in
such Swing Line Loan Notice, make the amount of its Swing Line Loan available to the Borrower at
its office by crediting the account of the Borrower on the books of the Swing Line Lender in
immediately available funds.

     (c) Refinancing of Swing Line Loans.

     (i) The Swing Line Lender at any time in its sole and absolute discretion may request,
on behalf of the Borrower (which hereby irrevocably authorizes the Swing Line Lender to so
request on its behalf), that each Lender make a Base Rate Loan in an amount equal to such
Lender’s Participation Percentage of the amount of Swing Line Loans then outstanding. Such
request shall be made in writing (which written request shall be deemed to be a Revolving
Loan Notice for purposes hereof) and in accordance with the requirements of
Section 2.02, without regard to the minimum and multiples specified therein for the
principal amount of Base Rate Loans. The Swing Line Lender shall furnish the Borrower with
a copy of the applicable Revolving Loan Notice promptly after delivering such notice to the
Administrative Agent. Each Lender shall make an amount equal to its Participation
Percentage of the amount specified in such Revolving Loan Notice available (including for
this purpose Cash Collateral and other credit support made available with respect to the
applicable Swing Line Loan) to the Administrative Agent in immediately available funds for
the account of the Swing Line Lender at the

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Administrative Agent’s Office not later than 1:00 p.m. on the day specified in such
Revolving Loan Notice, whereupon, subject to Section 2.03(c)(ii), each Lender that
so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in
such amount. The Administrative Agent shall remit the funds so received to the Swing Line
Lender.

     (ii) If any Swing Line Loan cannot be refinanced by such a Revolving Borrowing in
accordance with Section 2.03(c)(i) because the conditions to borrowing in
Section 4.02 have not been satisfied, the request for Base Rate Loans submitted by
the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line
Lender that each of the Lenders fund its risk participation in the relevant Swing Line Loan
and each Lender’s payment to the Administrative Agent for the account of the Swing Line
Lender pursuant to Section 2.03(c)(i) shall be deemed payment in respect of such
participation.

     (iii) If any Lender fails to make available to the Administrative Agent for the account
of the Swing Line Lender any amount required to be paid by such Lender pursuant to the
foregoing provisions of this Section 2.03(c) by the time specified in
Section 2.03(c)(i), the Swing Line Lender shall be entitled to recover from such
Lender (acting through the Administrative Agent), on demand, such amount with interest
thereon for the period from the date such payment is required to the date on which such
payment is immediately available to the Swing Line Lender at a rate per annum equal to the
Federal Funds Rate from time to time in effect. A certificate of the Swing Line Lender
submitted to any Lender (through the Administrative Agent) with respect to any amounts owing
under this clause (iii) shall be conclusive absent manifest error.

     (iv) Each Lender’s obligation to make Revolving Loans or to purchase and fund risk
participations in Swing Line Loans pursuant to this Section 2.03(c) shall be
absolute and unconditional and shall not be affected by any circumstance, including (A) any
set-off, counterclaim, recoupment, defense or other right which such Lender may have against
the Swing Line Lender, the Borrower or any other Person for any reason whatsoever, (B) the
occurrence or continuance of a Default, or (C) any other occurrence, event or condition,
whether or not similar to any of the foregoing, including whether or not the conditions set
forth in Section 4.02 shall have been satisfied. No such funding of risk
participations shall relieve or otherwise impair the obligation of the Borrower to repay
Swing Line Loans, together with interest as provided herein.

     (d) Repayment of Participations.

     (i) At any time after any Lender has purchased and funded a risk participation in a
Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line
Loan, the Swing Line Lender will distribute to such Lender its Participation Percentage of
such payment (appropriately adjusted, in the case of interest payments, to reflect the
period of time during which such Lender’s risk participation was funded) in the same funds
as those received by the Swing Line Lender.

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     (ii) If any payment received by the Swing Line Lender in respect of principal or
interest on any Swing Line Loan is required to be returned by the Swing Line Lender under
any of the circumstances described in Section 10.06 (including pursuant to any
settlement entered into by the Swing Line Lender in its discretion), each Lender shall pay
to the Swing Line Lender its Participation Percentage thereof on demand of the
Administrative Agent, plus interest thereon from the date of such demand to the date such
amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative
Agent will make such demand upon the request of the Swing Line Lender.

     (e) Interest for Account of Swing Line Lender. The Swing Line Lender shall be
responsible for invoicing the Borrower for interest on the Swing Line Loans. Until each Lender
funds its Base Rate Loan or risk participation pursuant to this Section 2.03 to refinance
such Lender’s Participation Percentage of any Swing Line Loan, interest in respect of such
Participation Percentage shall be solely for the account of the Swing Line Lender.

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

     2.04 Prepayments.

     (a) The Borrower may, upon notice to the Administrative Agent, at any time or from time to
time voluntarily prepay Revolving Loans in whole or in part without premium or penalty;
provided that (i) such notice must be received by the Administrative Agent not later than
11:00 a.m. (A) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and
(B) one Business Day prior to any date of prepayment of Base Rate Loans; (ii) any prepayment of
Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of
$1,000,000 in excess thereof; (iii) any prepayment of Base Rate Loans shall be in a principal
amount of $3,000,000 or a whole multiple of $1,000,000 in excess thereof or, in each case, if less,
the entire principal amount thereof then outstanding and (iv) so long as any Tranche 1 Loans are
outstanding, the Borrower shall not prepay Revolving Loans of either Class under this paragraph
unless it shall simultaneously and ratably prepay the corresponding Revolving Loans of the other
Class. Each such notice shall specify the date and amount of such prepayment and the Class and
Type(s) of Revolving Loans to be prepaid. The Administrative Agent will promptly notify each
Lender of its receipt of each such notice, and of the amount of such Lender’s Participation
Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make
such prepayment and the payment amount specified in such notice shall be due and payable on the
date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all
accrued interest thereon, together with any additional amounts required pursuant to
Section 3.05. Each such prepayment shall be applied to the Revolving Loans of the Lenders
in accordance with their respective Participation Percentages.

     (b) The Borrower may, upon notice to the Swing Line Lender (with a copy to the Administrative
Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in whole or in part
without premium or penalty; provided that (i) such notice must be received by the Swing
Line Lender and the Administrative Agent not later than 1:00 p.m. on the date of the prepayment,
and (ii) any such prepayment shall be in a minimum principal amount of $100,000,

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or, if less, the entire principal amount thereof then outstanding. Each such notice shall
specify the date and amount of such prepayment. If such notice is given by the Borrower, the
Borrower shall make such prepayment and the payment amount specified in such notice shall be due
and payable on the date specified therein.

     (c) If for any reason the Tranche 1 Outstandings at any time exceed the Tranche 1 Commitments
then in effect, the Borrower shall immediately prepay Tranche 1 Revolving Loans in an aggregate
amount equal to such excess. If for any reason the Tranche 2 Outstandings at any time exceed the
Tranche 2 Commitments then in effect, the Borrower shall immediately prepay Tranche 2 Revolving
Loans in an aggregate amount equal to such excess.

     2.05 Termination or Reduction of Commitments.

     (a) Unless previously terminated, (A) the Tranche 1 Commitments shall terminate on the Tranche
1 Maturity Date and (B) the Tranche 2 Commitments shall terminate on the Tranche 2 Maturity Date.

     (b) The Borrower may, upon notice to the Administrative Agent, terminate the Commitments, or
from time to time reduce the Commitments of any Class; provided that (i) any such notice
shall be received by the Administrative Agent not later than 11:00 a.m. three Business Days prior
to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate
amount of $10,000,000 or any whole multiple of $1,000,000 in excess thereof, (iii) the Borrower
shall not terminate or reduce the Commitments of any Class if, after giving effect thereto and to
any concurrent prepayments hereunder, (A) the Outstandings of such Class would exceed the total
Commitments of such Class or (B) the Outstandings of all Classes would exceed the Aggregate
Commitments, (iv) if, after giving effect to any reduction of the Aggregate Commitments, the Swing
Line Sublimit exceeds the amount of the Aggregate Commitments, such Sublimit shall be automatically
reduced by the amount of such excess, (v) until the Tranche 1 Commitments shall terminate, (x) the
Borrower shall not terminate or reduce the Tranche 2 Commitments unless the Borrower shall
concurrently therewith terminate or reduce, at least ratably, the Tranche 1 Commitments and (y)
except as provided for in Section 2.01(d), the Borrower shall not, until October 24, 2011,
terminate or reduce the Tranche 1 Commitments unless the Borrower shall concurrently therewith
terminate or reduce, ratably, the Tranche 2 Commitments and (vi) after any reduction in the Tranche
2 Commitments, the Tranche 2 Commitments can only be increased pursuant to Section 2.13.
The Administrative Agent will promptly notify the Lenders of any such notice of termination or
reduction of the Commitments of any Class. Any reduction of the Commitments of any Class shall be
made ratably among the Lenders of such Class in accordance with their respective Commitments of
such Class. All Facility Fees accrued until the closing date of any termination of any Class of
Commitments shall be paid on the closing date of such termination.

On the Restatement Effective Date, the Commitments of all Lenders under the Original Credit
Agreement will be reduced pro rata as provided in the Restatement Agreement.

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     2.06 Repayment of Loans.

     (a) The Borrower shall repay to the (i) Tranche 1 Lenders on the Tranche 1 Maturity Date the
aggregate principal amount of Tranche 1 Revolving Loans outstanding on such date and (ii) Tranche 2
Lenders on the Tranche 2 Maturity Date the aggregate principal amount of Tranche 2 Revolving Loans
outstanding on such date.

     (b) The Borrower shall repay each Swing Line Loan on the earlier to occur of (i) the date
10 days after such Loan is made and (ii) the Tranche 2 Maturity Date.

     2.07 Interest.

     (a) Subject to the provisions of subsection (b) below, (i) each Eurodollar Rate Loan shall
bear interest on the outstanding principal amount thereof for each Interest Period at a rate per
annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Rate for
such Class; (ii) each Base Rate Loan shall bear interest on the outstanding principal amount
thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus
the Applicable Rate, if any, for such Class; and (iii) each Swing Line Loan shall bear interest on
the outstanding principal amount thereof from the applicable borrowing date at a rate per annum
equal to the Base Rate plus the Applicable Rate for Tranche 2 Revolving Loans.

     (b) If any amount payable by the Borrower under any Loan Document is not paid when due
(without regard to any applicable grace periods), whether at stated maturity, by acceleration or
otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum at
all times equal to the Default Rate to the fullest extent permitted by applicable Laws.
Furthermore, upon the request of the Required Lenders, while any Event of Default exists, the
Borrower shall pay interest on the principal amount of all outstanding Obligations hereunder at a
fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent
permitted by applicable Laws. Accrued and unpaid interest on past due amounts (including interest
on past due interest) shall be due and payable upon demand.

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

     2.08 Fees.

     (a) Facility Fee. The Borrower shall pay to the Administrative Agent for the account
of each Lender, a facility fee (“Facility Fee”) equal to the Applicable Rate times
the actual daily amount of the Commitment of any Class of such Lender (or, if the Commitments of
such Class have terminated, on the Outstanding Amount of all Loans of such Class), regardless of
usage. The Facility Fee shall accrue at all times during the period from and including the Closing
Date to but excluding the date on which the Commitments of such Class terminate (and thereafter so
long as any Loans of such Class remain outstanding), including at any time during which one or more
of the conditions in Article IV is not met, and shall be due and payable quarterly in
arrears on the last Business Day of each March, June, September and December, commencing on the

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first such Business Day after the Closing Date, and on the date each Class of the Commitments
terminates (and, if applicable, thereafter on demand). The Facility Fee shall be calculated
quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the
actual daily amount shall be computed and multiplied by the Applicable Rate separately for each
period during such quarter that such Applicable Rate was in effect.

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

     2.09 Computation of Interest and Fees. All computations of the Facility Fee and interest for
Base Rate Loans when the Base Rate is determined by Bank of America’s “prime rate” shall be
made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All
other computations of fees and interest shall be made on the basis of a 360-day year and actual
days elapsed (which results in more fees or interest, as applicable, being paid than if computed on
the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is
made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such
portion is paid, provided that any Loan that is repaid on the same day on which it is made
shall, subject to Section 2.11(a), bear interest for one day.

     2.10 Evidence of Debt.

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

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

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     2.11 Payments Generally.

     (a) General. All payments to be made by the Borrower shall be made without condition
or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly
provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent,
for the account of the respective Lenders to which such payment is owed, at the Administrative
Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date
specified herein. The Administrative Agent will promptly distribute to each Lender its
Participation Percentage of each payment in respect of any principal of any Loan and its Tranche 1
Participation Percentage or its Tranche 2 Participation Percentage, as the case may be, of each
payment in respect of any interest and fees (or other applicable share as provided herein) in like
funds as received by wire transfer to such Lender’s Lending Office. All payments received by the
Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day
and any applicable interest or fee shall continue to accrue. Subject to the provisions of the
definition of “Interest Period”, if any payment to be made by the Borrower shall come due
on a day other than a Business Day, payment shall be made on the next following Business Day, and
such extension of time shall be reflected in computing interest or fees, as the case may be.

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

          (ii) Payments by Borrower; Presumptions by Administrative Agent. Unless the
Administrative Agent shall have received notice from the Borrower prior to the date on which any
payment is due to the Administrative Agent for the account of the Lenders that the

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Borrower will not make such payment, the Administrative Agent may assume that the Borrower has
made such payment on such date in accordance herewith and may, in reliance upon such assumption,
distribute to the Lenders the amount due. In such event, if the Borrower has not in fact made such
payment, then each of the Lenders severally agrees to repay to the Administrative Agent forthwith
on demand the amount so distributed to such Lender, in immediately available funds with interest
thereon, for each day from and including the date such amount is distributed to it to but excluding
the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a
rate determined by the Administrative Agent in accordance with banking industry rules on interbank
compensation.

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

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

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

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

     2.12 Sharing of Payments. If any Lender shall, by exercising any right of setoff or
counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of the
Revolving Loans made by it, or the participations in Swing Line Loans held by it resulting in such
Lender’s receiving payment of a proportion of the aggregate amount of such Revolving Loans or
participations and accrued interest thereon greater than its pro rata share thereof
as provided herein, then the Lender receiving such greater proportion shall (a) notify the
Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the
Revolving Loans and subparticipations in Swing Line Loans of the other Lenders, or make such other
adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the
Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on
their respective Revolving Loans and other amounts owing them, provided that:

     (i) if any such participations or subparticipations are purchased and all or any
portion of the payment giving rise thereto is recovered, such participations or

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subparticipations shall be rescinded and the purchase price restored to the extent of
such recovery, without interest; and

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

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

     2.13 Increase in Commitments.

     (a) Request for Increase. Provided there exists no Default, upon notice to the
Administrative Agent (which shall promptly notify the Lenders), the Borrower may on or after the
Restatement Effective Date from time to time, request an increase in the Tranche 2 Commitments by
an amount (for all such requests) not exceeding $275,000,000 (with Aggregate Commitments not
exceeding $1,100,000,000); provided that any such request for an increase shall be in a
minimum amount of $10,000,000, and in whole multiples of $5,000,000 in excess thereof. At the time
of sending such notice, the Borrower (in consultation with the Administrative Agent) shall specify
the time period within which each Lender is requested to respond (which shall in no event be less
than five Business Days from the date of delivery of such notice to the Lenders).

     (b) Lender Elections to Increase. Each Tranche 2 Lender shall notify the
Administrative Agent within such time period whether or not it agrees to increase its Tranche 2
Commitment and, if so, whether by an amount equal to, greater than, or less than its Tranche 2
Participation Percentage of such requested increase. Any Tranche 2 Lender not responding within
such time period shall be deemed to have declined to increase its Tranche 2 Commitment.

     (c) Notification by Administrative Agent; Additional Lenders. The Administrative
Agent shall notify the Borrower and each Tranche 2 Lender of the Tranche 2 Lenders’ responses to
each request made hereunder. To achieve the full amount of a requested increase and subject to the
approval of the Administrative Agent and the Swing Line Lender (which approvals shall not be
unreasonably withheld), the Borrower may also invite additional Eligible Assignees to become
Tranche 2 Lenders pursuant to a joinder agreement in form and substance satisfactory to the
Administrative Agent and its counsel.

     (d) Effective Date and Allocations. If the Tranche 2 Commitments are increased in
accordance with this Section, the Administrative Agent and the Borrower shall determine the
effective date (the “Increase Effective Date”) and the final allocation of such increase.
The

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Administrative Agent shall promptly notify the Borrower and the Lenders of the final
allocation of such increase and the Increase Effective Date.

     (e) Conditions to Effectiveness of Increase. As a condition precedent to such
increase, the Borrower shall deliver to the Administrative Agent a certificate of the Borrower
dated as of the Increase Effective Date (in sufficient copies for each Tranche 2 Lender) signed by
a Responsible Officer of the Borrower (i) certifying and attaching the resolutions adopted by the
Borrower approving or consenting to such increase, and (ii) certifying that, before and after
giving effect to such increase, (A) the representations and warranties contained in
Article V and the other Loan Documents are true and correct on and as of the Increase
Effective Date, except to the extent that such representations and warranties specifically refer to
an earlier date, in which case they are true and correct as of such earlier date, and except that
for purposes of this Section 2.13, the representations and warranties contained in
subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent
statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01, and
(B) no Default exists. The Borrower shall prepay any Tranche 2 Revolving Loans outstanding on the
Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05)
to the extent necessary to keep the outstanding Tranche 2 Revolving Loans ratable with any revised
Tranche 2 Participation Percentages arising from any nonratable increase in the Tranche 2
Commitments under this Section.

     (f) Conflicting Provisions. This Section shall supersede any provisions in
Section 2.04, 2.12 or 10.01 to the contrary.

     2.14 Cash Collateral and Other Credit Support.

     (a) Certain Credit Support Events. If at any time there is a Defaulting Lender and
Swing Line Lender has any amount of Fronting Exposure, the relevant Defaulting Lender shall (and if
the Defaulting Lender shall so default, the Borrower shall), promptly upon demand by the
Administrative Agent, deliver to the Administrative Agent additional Cash Collateral in an amount
sufficient to reduce Fronting Exposure to zero.

     (b) Grant of Security Interest. All Cash Collateral (other than credit support not
constituting funds subject to deposit) provided by (i) the relevant Defaulting Lender shall be
maintained in blocked, non-interest bearing deposit accounts at Bank of America and (ii) the
Borrower shall be maintained in blocked, interest bearing deposit accounts at Bank of America which
interest shall accrue for the account of the Borrower. The Borrower, and to the extent provided by
any Lender, such Lender hereby grants to and subject to the control of the Administrative Agent,
for the benefit of the Administrative Agent and the Lenders (including the Swing Line Lender), a
security interest in all such cash, deposit accounts and all balances therein, and all other
property so provided as collateral pursuant hereto, and in all proceeds of the foregoing.

     (c) Application. Notwithstanding anything to the contrary contained in this
Agreement, Cash Collateral provided under any of this Section 2.14 or Sections 2.03
in respect of Swing Line Loans shall secure and be held and applied to the satisfaction of the
specific Swing Line Loans or obligations to fund participations therein (including, as to Cash
Collateral

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provided by a Defaulting Lender, any interest accrued on such obligation) for which the Cash
Collateral or other credit support was so provided, prior to any other application of such property
as may be provided for herein.

     (d) Release. Cash Collateral provided pursuant to Section 2.03 or Section
2.14(a) shall be released to the extent Cash Collateral provided pursuant to such provisions
exceeds the aggregate amount of Commitments of all Defaulting Lenders; provided that Cash
Collateral provided by or on behalf of the Borrower shall not be released during the continuance of
a Default or Event of Default.

ARTICLE III.

TAXES, YIELD PROTECTION AND ILLEGALITY

     3.01 Taxes.

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

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

     (c) Indemnification by the Borrower. The Borrower shall indemnify the Administrative
Agent and each Lender, within 30 days after demand therefor accompanied by the certificate
described below in this clause (c), for the full amount of any Indemnified Taxes or Other Taxes
(including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts
payable under this Section) paid by the Administrative Agent or such Lender, as the case may be,
and any penalties, interest and reasonable expenses arising therefrom or with respect thereto,
whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted
by the relevant Governmental Authority. A certificate, showing the calculation of the amount owed
in reasonable detail, as to the amount of such payment or liability delivered to the Borrower by a
Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf
or on behalf of a Lender, shall be conclusive absent manifest error.

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

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Governmental Authority evidencing such payment, a copy of the return reporting such payment or
other evidence of such payment reasonably satisfactory to the Administrative Agent.

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

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

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

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

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

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

     (f) Treatment of Certain Refunds. If the Administrative Agent or any Lender
determines that it has received a refund of any Taxes or Other Taxes as to which it has been
indemnified by the Borrower or with respect to which the Borrower has paid additional amounts
pursuant to this Section, it shall pay to the Borrower an amount equal to such refund (but only to
the extent of indemnity payments made, or additional amounts paid, by the Borrower under this

45

 

Section with respect to the Taxes or Other Taxes giving rise to such refund), net of all
out-of-pocket expenses of the Administrative Agent or such Lender, as the case may be, and without
interest (other than any interest paid by the relevant Governmental Authority with respect to such
refund), provided that the Borrower, upon the request of the Administrative Agent or such
Lender, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other
charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender
in the event the Administrative Agent or such Lender is required to repay such refund to such
Governmental Authority. This subsection shall not be construed to require the Administrative Agent
or any Lender to make available its tax returns (or any other information relating to its taxes
that it deems confidential) to the Borrower or any other Person.

     3.02 Illegality. If any Lender determines that any Law has made it unlawful, or that any
Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending
Office to make, maintain or fund Eurodollar Rate Loans, or to determine or charge interest rates
based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on
the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London
interbank market, then, on notice thereof by such Lender to the Borrower through the Administrative
Agent, any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert Base
Rate Loans to Eurodollar Rate Loans shall be suspended until such Lender notifies the
Administrative Agent and the Borrower that the circumstances giving rise to such determination no
longer exist. Upon receipt of such notice, the Borrower shall, upon demand from such Lender (with
a copy to the Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans of
such Lender to Base Rate Loans, either on the last day of the Interest Period therefor, if such
Lender may lawfully continue to maintain such Eurodollar Rate Loans to such day, or immediately, if
such Lender may not lawfully continue to maintain such Eurodollar Rate Loans. Upon any such
prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or
converted. Each Lender agrees to designate a different Lending Office if such designation will
avoid the need for such notice and will not, in the good faith judgment of such Lender, otherwise
be materially disadvantageous to such Lender.

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

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     3.04 Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurodollar Rate Loans.

     (a) Increased Costs Generally. If any Change in Law shall:

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

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

     (iii) impose on any Lender or the London interbank market any other condition, cost or
expense affecting this Agreement or Eurodollar Rate Loans made by such Lender;

     and the result of any of the foregoing shall be to increase the cost to such Lender of making
or maintaining any Eurodollar Rate Loan (or of maintaining its obligation to make any such Loan),
or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of
principal, interest or any other amount) then, within 30 days after receipt of a request of such
Lender accompanied by the certificate described in clause (c) below, the Borrower will pay to such
Lender such additional amount or amounts as will compensate such Lender for such additional costs
incurred or reduction suffered, provided that no Lender shall make a demand for
payment hereunder unless such Lender is also making demand for payment on similarly situated
borrowers.

     (b) Capital Requirements. If any Lender determines that any Change in Law affecting
such Lender or any Lending Office of such Lender or such Lender’s holding company, if any,
regarding capital requirements has or would have the effect of reducing the rate of return on such
Lender’s capital or on the capital of such Lender’s holding company, if any, as a consequence of
this Agreement, the Commitments of such Lender or the Loans made by such Lender, to a level below
that which such Lender or such Lender’s holding company could have achieved but for such Change in
Law (taking into consideration such Lender’s policies and the policies of such Lender’s holding
company with respect to capital adequacy), then from time to time the Borrower will pay to such
Lender such additional amount or amounts as will compensate such Lender or such Lender’s holding
company for any such reduction suffered, provided that no Lender shall make a
demand for payment hereunder unless such Lender is also making demand for payment on similarly
situated borrowers.

     (c) Certificates for Reimbursement. A certificate of a Lender setting forth in
reasonable detail the computation of the amount or amounts necessary to compensate such Lender or
its holding company, as the case may be, as specified in subsection (a) or (b) of this Section
shall be delivered to the Borrower contemporaneously with any demand for payment and

47

 

shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount
shown as due on any such certificate within 30 days after receipt thereof.

     (d) Delay in Requests. Failure or delay on the part of any Lender to demand
compensation pursuant to the foregoing provisions of this Section shall not constitute a waiver of
such Lender’s right to demand such compensation, provided that the Borrower shall not be
required to compensate a Lender pursuant to the foregoing provisions of this Section for any
increased costs incurred or reductions suffered more than nine months prior to the date that such
Lender notifies the Borrower of the Change in Law giving rise to such increased costs or reductions
and of such Lender’s intention to claim compensation therefor (except that, if the Change in Law
giving rise to such increased costs or reductions is retroactive, then the nine-month period
referred to above shall be extended to include the period of retroactive effect thereof).

     (e) Reserves on Eurodollar Rate Loans. The Borrower shall pay to each Lender, as long
as such Lender shall be required to maintain reserves with respect to liabilities or assets
consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency
liabilities”), additional interest on the unpaid principal amount of each Eurodollar Rate Loan
equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by
such Lender in good faith, which determination shall be conclusive), which shall be due and payable
on each date on which interest is payable on such Loan, provided the Borrower shall have
received at least 15 days’ prior notice (with a copy to the Administrative Agent) of such
additional interest from such Lender. If a Lender fails to give notice 15 days prior to the
relevant Interest Payment Date, such additional interest shall be due and payable 15 days from
receipt of such notice.

     3.05 Compensation for Losses. Upon demand of any Lender (with a copy to the Administrative
Agent) from time to time, setting forth in reasonable detail the amount payable to such Lender, the
Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss,
cost or expense incurred by it as a result of:

     (a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate
Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary,
mandatory, automatic, by reason of acceleration, or otherwise, but excluding any payment or
prepayment as a result of a Lender’s failure to make a payment pursuant to
Section 2.11(b)(i));

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

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

including any loss, cost or expense (excluding loss of anticipated profits) arising from the
liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable

48

 

to terminate the deposits from which such funds were obtained. The Borrower shall also pay any
customary administrative fees charged by such Lender in connection with the foregoing.

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

     3.06 Mitigation Obligations; Replacement of Lenders.

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

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

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

ARTICLE IV.

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS

     4.01 Conditions of Initial Credit Extension. The obligation of each Lender to make its
initial Credit Extension hereunder is subject to satisfaction of the following conditions
precedent:

     (a) The Administrative Agent’s receipt of the following, each of which shall be originals,
electronic copies or facsimiles (followed promptly by originals) unless otherwise specified, each
properly executed by a Responsible Officer of the Borrower, each dated on or about the Closing Date
(or, in the case of certificates of governmental officials, a recent date before the Closing Date)
and each in form and substance satisfactory to the Administrative Agent and its legal counsel:

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

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

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

     (iv) such documents and certifications as the Administrative Agent may reasonably
require to evidence that the Borrower is duly organized or formed, and that the Borrower as
of or about the Closing Date is validly existing and in good standing in its state of
incorporation or organization and/or domicile;

     (v) a favorable opinion of Foley & Lardner LLP, counsel to the Borrower, addressed to
the Administrative Agent and each Lender, as to matters concerning the Borrower and the Loan
Documents (including enforceability of the Loan Documents under New York law) as the
Required Lenders may reasonably request;

     (vi) a certificate of a Responsible Officer of the Borrower as of or about the Closing
Date either (A) confirming that all consents, licenses and approvals required in connection
with the execution, delivery and performance by the Borrower have been obtained, or
(B) stating that no such consents, licenses or approvals are so required;

     (vii) a certificate signed by a Responsible Officer of the Borrower certifying (A) that
the conditions specified in Sections 4.02(a) and (b) have been satisfied,
and (B) that there has been no event or circumstance since the date of the Audited Financial
Statements that has had or could be reasonably expected to have, either individually or in
the aggregate, a Material Adverse Effect;

     (viii) completion of all aspects of the FNF Restructuring in the manner disclosed in
the public announcements regarding the FNF Restructuring;

     (ix) evidence that the FNF Credit Agreement has been or concurrently with the Closing
Date is being terminated and that the obligations under the FNF Credit Agreement have been
or concurrently with the Closing Date are being satisfied;

     (x) evidence that the Existing Credit Agreement has been or concurrently with the
Closing Date is being terminated and that obligations under the Existing Credit Agreement
have been or concurrently with the Closing Date are being satisfied; and

     (xi) such other assurances, certificates, documents, consents or opinions as the
Administrative Agent, the Swing Line Lender or the Required Lenders reasonably may require.

     (b) Any fees (including upfront fees to the Lenders) required to be paid on or before the
Closing Date shall have been paid, and the Fee Letter shall be in full force and effect.

50

 

     (c) The Closing Date shall have occurred on or before November 15, 2006.

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

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

     (a) The representations and warranties of the Borrower contained in Article V
(excluding Sections 5.05(d) and 5.06 with respect to each Credit Extension other
than the initial Credit Extension) or any other Loan Document, or which are contained in any
document furnished at any time under or in connection herewith or therewith, shall be true and
correct in all material respects on and as of the date of such Credit Extension, except to the
extent that such representations and warranties specifically refer to an earlier date, in which
case they shall be true and correct as of such earlier date, and except that for purposes of this
Section 4.02, the representations and warranties contained in subsections (a), the first
sentence of (b) and (c) of Section 5.05 shall be deemed to refer to the most recent
statements furnished pursuant to clauses (a) through (f), respectively, of Section 6.01.

     (b) No Default shall exist, or would result from such proposed Credit Extension.

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

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

ARTICLE V.

REPRESENTATIONS AND WARRANTIES

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

     5.01 Existence, Qualification and Power; Compliance with Laws. The Borrower and each of its
Material Subsidiaries (a) is duly organized or formed, validly existing and in good standing under
the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and
authority and all requisite governmental licenses, authorizations, consents and approvals to
(i) own its assets and carry on its business and (ii) execute, deliver and perform its obligations
under the Loan Documents to which it is a party, and (c) is duly qualified and is licensed and in
good standing under the Laws of each jurisdiction where its ownership, lease or

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operation of properties or the conduct of its business requires such qualification or license,
except in each case referred to in clause (c), to the extent that failure to do so could not
reasonably be expected to have a Material Adverse Effect.

     5.02 Authorization; No Contravention. The execution, delivery and performance by the Borrower
of each Loan Document to which it is party, have been duly authorized by all necessary corporate or
other organizational action, and do not and will not (a) contravene the terms of any of such
Person’s Organization Documents; (b) conflict with or result in any breach or contravention of, or
the creation of any Lien under, (i) any material Contractual Obligation to which such Person is a
party or (ii) any order, injunction, writ or decree of any Governmental Authority or any arbitral
award to which such Person or its property is subject; or (c) violate any Law, except with respect
of clause (c), to the extent such violation could not reasonably be expected to have a Material
Adverse Effect.

     5.03 Governmental Authorization; Other Consents. No approval, consent, exemption,
authorization, or other action by, or notice to, or filing with, any Governmental Authority or any
other Person is necessary or required in connection with the execution, delivery or performance by,
or enforcement against, the Borrower of this Agreement or any other Loan Document, other than
(a) such that have been obtained and are in full force and effect, (b) those the failure of which
could not reasonably be expected to have a Material Adverse Effect and (c) with respect to
execution, SEC filings.

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

     5.05 Financial Statements; No Material Adverse Effect.

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

     (b) The unaudited consolidated balance sheet of the Borrower and its Subsidiaries dated
June 30, 2006, and the related unaudited consolidated statements of income or operations,
shareholders’ equity and cash flows for the fiscal quarter ended on that date (i) were prepared in
accordance with GAAP consistently applied throughout the period covered thereby, except as
otherwise expressly noted therein, and (ii) fairly present the financial condition of the Borrower
and its Subsidiaries as of the date thereof and their results of operations for the period covered
thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal
year-

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end audit adjustments. Schedule 5.05 sets forth all material indebtedness and other
material liabilities, direct or contingent, of the Borrower and its consolidated Subsidiaries not
reflected on the June 30, 2005 financial statements referred to above, incurred after the date of
such financial statements but prior to the Closing Date, including liabilities for material
commitments, Indebtedness and Contingent Obligations.

     (c) The December 31, 2005 Annual Statement of each Insurance Subsidiary and the June 30, 2006
Interim Statements of each Insurance Subsidiary (i) were prepared in accordance with SAP
consistently applied through the periods covered thereby, except as otherwise expressly noted
therein; (ii) fairly present the financial condition of each Insurance Subsidiary as of the date
thereof and their results of operations for the period covered thereby, subject, in the case of
such Interim Statements for clauses (i) and (ii), to the absence of footnotes and normal year-end
adjustments; and (iii) show all material indebtedness and other liabilities required to be shown by
SAP, direct or contingent, of each Insurance Subsidiary as of the date of such financial
statements, including liabilities for taxes, material commitments, Indebtedness and Contingent
Obligations.

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

     (e) Neither the Borrower nor any of its Subsidiaries has any Off-Balance Sheet Liabilities
except those permitted pursuant to 
Section 7.04(o).

     5.06 Litigation. Except (a) for liabilities of Insurance Subsidiaries under Insurance
Contracts, Reinsurance Agreement and Retrocession Agreements and (b) as set forth in
Schedule 5.06, there are no actions, suits or proceedings pending or, to the knowledge of a
Responsible Officer of the Borrower, threatened in writing, at Law, in equity, in arbitration or
before any Governmental Authority, by or against the Borrower or any of its Subsidiaries or against
any of their respective properties or revenues that (i) purport to affect or pertain to this
Agreement or any other Loan Document, or any of the transactions contemplated hereby, or
(ii) either individually or in the aggregate could reasonably be expected to have a Material
Adverse Effect.

     5.07 No Default. Neither the Borrower nor any Subsidiary is in default under or with respect
to any Contractual Obligation that could, either individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect. No Default has occurred and is continuing or would
result from the consummation of the transactions contemplated by this Agreement or any other Loan
Document.

     5.08 Ownership of Property; Liens. Each of the Borrower and each Subsidiary has good record
and indefeasible title to, or valid leasehold interests in, their respective real properties,
except for such defects in title as could not, individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries is
subject to no Liens, other than Permitted Liens.

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     5.09 Environmental Compliance. The Borrower and its Subsidiaries have complied with all
Environmental Laws, except for any Environmental Laws the non-compliance therewith could not,
individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

     5.10 Insurance. The Borrower and its Subsidiaries maintain insurance in full force and effect
with respect to its properties and business in such amounts, covering such risks and liabilities
and with such deductibles or self-insured retentions as are in accordance with normal industry
practice.

     5.11 Taxes. The Borrower and its Subsidiaries have filed all Federal, state and other
material tax returns and reports required to be filed, and have paid or made provision for payment
of all Federal, state and other material taxes, assessments, fees and other governmental charges
levied or imposed upon them or their properties, income or assets otherwise due and payable, except
those which are (a) being contested in good faith by appropriate proceedings diligently conducted
and for which adequate reserves have been provided in accordance with GAAP or SAP, as applicable,
or (b) immaterial. There is no proposed tax assessment against the Borrower or any Subsidiary that
would be reasonably likely to have a Material Adverse Effect.

     5.12 ERISA Compliance. Except as specifically disclosed on Schedule 5.12:

     (a) Each Plan is in compliance with the applicable provisions of ERISA, the Code and other
Federal or state Laws except where noncompliance could not reasonably be expected to have a
Material Adverse Effect. Each Plan that is intended to qualify under Section 401(a) of the Code
has received a favorable determination letter from the IRS or an application for such a letter is
currently being processed by the IRS with respect thereto and, to the best knowledge of the
Borrower, nothing has occurred which would prevent, or cause the loss of, such qualification. The
Borrower and each ERISA Affiliate have made all required material contributions to each Plan
subject to Section 412 of the Code, and no application for a funding waiver or an extension of any
amortization period pursuant to Section 412 of the Code has been made with respect to any Plan.

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

     (c) (i) No ERISA Event has occurred or is reasonably expected to occur; (ii) no Pension Plan
has any material Unfunded Pension Liability; (iii) neither the Borrower nor any ERISA Affiliate has
incurred, or reasonably expects to incur, any material liability under Title IV of ERISA with
respect to any Pension Plan (other than premiums due and not delinquent under Section 4007 of
ERISA); (iv) neither the Borrower nor any ERISA Affiliate has incurred, or reasonably expects to
incur, any material liability (and no event has occurred which, with the giving of notice under
Section 4219 of ERISA, would result in such material liability) under Sections 4201 or 4243 of
ERISA with respect to a Multiemployer Plan; and (v) neither the

54

 

Borrower nor any ERISA Affiliate has engaged in a transaction that could be subject to
Sections 4069 or 4212(c) of ERISA.

     5.13 Intellectual Property, Licenses, etc. The Borrower and each of its Subsidiaries own or
are licensed or otherwise have the right to use all of the patents, trademarks, service marks,
trade names, copyrights, licenses and other rights that are used by the Borrower or such Subsidiary
in connection with the operation of their respective businesses, without conflict with the rights
of any other Person, except where the failure to have any such rights could not reasonably be
expected to have a Material Adverse Effect.

     5.14 Subsidiaries. The Borrower has no Subsidiaries other than those specifically disclosed
on Schedule 5.14 and, after the Closing Date, those permitted in accordance with
Section 7.03, and there are no restrictions on the Borrower or any of its Material
Subsidiaries which prohibit or otherwise restrict (i) the ability of the Borrower or any of its
Material Subsidiaries to grant any Liens on any of their respective assets, other than (A) with
respect to assets subject to Capital Leases or purchase money security interests and those which
are licensed or sublicensed to Borrower or any of its Material Subsidiaries and (B) restrictions
under contracts to which Subsidiaries are party which became Subsidiaries pursuant to an
Acquisition, which contracts and restrictions were in effect prior to such Acquisition or (ii) the
transfer of cash or other assets from any Material Subsidiary to the Borrower, other than
prohibitions or restrictions existing under or by reason of any Loan Document, the Public
Debentures (but only to the extent such Public Debentures require that the holders thereof be
granted a pari-passu Lien if a Lien is granted to another Person), Legal Requirements,
customary non-assignment provisions in contracts entered into in the ordinary course of business
and consistent with past practices, Department policies and practices that restrict the ability of
Insurance Subsidiaries to grant Liens on, pledge or transfer assets and restrictions that may arise
as a result of financial covenants in other agreements evidencing Indebtedness permitted under
Section 7.04.

     5.15 Margin Regulations; Investment Company Act. Neither the Borrower nor any of its
Subsidiaries is engaged or will engage, principally or as one of its important activities, in the
business of extending credit for the purpose of “purchasing” or “carrying” “margin stock” within
the respective meanings of each of the quoted terms under Regulation U of the Board of Governors of
the Federal Reserve System as now and from time to time hereafter in effect. No part of the
proceeds of any Credit Extensions hereunder will be used for “purchasing” or “carrying” “margin
stock” as so defined or for any purpose which violates, or which would be inconsistent with, the
provisions of Regulations U or X of such Board of Governors. Neither the Borrower nor any of its
Subsidiaries is or is required to be registered as an “investment company” under the Investment
Company Act of 1940.

     5.16 Disclosure. The Borrower has disclosed to the Administrative Agent and the Lenders all
agreements, instruments and corporate or other restrictions to which it or any of its Subsidiaries
is subject, and all other matters known to it, that, individually or in the aggregate, could
reasonably be expected to result in a Material Adverse Effect. No report, financial statement,
certificate or other factual information furnished by or on behalf of the Borrower to the
Administrative Agent or any Lender in connection with the transactions contemplated hereby and the
negotiation of this Agreement or delivered hereunder (as modified or supplemented by other
information so furnished) contains any material misstatement of fact or omits to state any

55

 

material fact necessary to make the statements therein, in the light of the circumstances
under which they were made, not misleading on the date when made; provided that, with
respect to projected financial information, the Borrower represents only that such information was
prepared in good faith based upon assumptions believed to be reasonable at the time.

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

     5.18 Solvent. The Borrower is, and the Borrower and its Subsidiaries are, on a consolidated
basis, Solvent.

     5.19 Licenses. No License, the loss of which could reasonably be expected to have a Material
Adverse Effect, is the subject of a proceeding for suspension or revocation which is reasonably
likely to result in a suspension or revocation. To the knowledge of the Responsible Officers of
the Borrower, there is no sustainable basis for such suspension or revocation of any License, the
loss of which could reasonably be expected to have a Material Adverse Effect.

     5.20 Employee Matters. There are no strikes, work stoppages, election or decertification
petitions or proceedings, unfair labor charges, equal employment opportunity proceedings, wage
payment or material unemployment compensation proceedings, material workers’ compensation
proceedings or other material labor/employee related controversies pending or, to the knowledge of
the Responsible Officers of the Borrower, threatened between the Borrower or any of its
Subsidiaries and any of their respective employees, other than employee grievances and other
proceedings which could not in the aggregate reasonably be expected to have a Material Adverse
Effect.

     5.21 Insurance Subsidiaries. All of the Annual Statements and Interim Statements, together
with any other financial or similar statements of the Material Insurance Subsidiaries provided to
the Administrative Agent, are prepared in accordance with SAP and present fairly in accordance with
SAP the financial position of such Material Insurance Subsidiary for the period then ended.

     5.22 Taxpayer Identification Number. The Borrower’s true and correct U.S. taxpayer
identification number is set forth on Schedule 10.02.

ARTICLE VI.

AFFIRMATIVE COVENANTS

     So long as any Lender shall have any Commitment hereunder or any Loan or other Obligation
hereunder shall remain unpaid or unsatisfied, the Borrower agrees with the Administrative Agent and
the Lenders that:

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     6.01 Financial Statements. The Borrower shall deliver to the Administrative Agent in form and
detail satisfactory to the Administrative Agent:

     (a) as soon as available, but not later than 105 days after the end of each Fiscal Year, a
copy of the audited consolidated balance sheet of the Borrower and its Subsidiaries as at the end
of such year and the related consolidated statements of income or operations, shareholders’ equity
and cash flows for such year, setting forth in each case in comparative form the figures for the
previous fiscal year, and accompanied by a report and opinion of a Registered Public Accounting
Firm of nationally recognized standing reasonably acceptable to the Required Lenders, which report
and opinion shall be prepared in accordance with generally accepted auditing standards and
applicable Securities Laws and shall not be subject to any “going concern” or like qualification or
exception or any qualification or exception as to the scope of such audit;

     (b) as soon as available, but not later than 60 days after the end of each of the first three
Fiscal Quarters of each fiscal year, a copy of the unaudited consolidated balance sheet of the
Borrower and its Subsidiaries as of the end of such quarter and the related consolidated statements
of income, shareholders’ equity and cash flows for the period commencing on the first day and
ending on the last day of such quarter, and certified by a Responsible Officer as fairly
presenting, in accordance with GAAP (except for the absence of footnotes and subject to ordinary,
good faith year-end audit adjustments), the financial position and the results of operations of the
Borrower and the Subsidiaries as of the date thereof;

     (c) as soon as available, but not later than 105 days after the end of each Fiscal Year, a
copy of the Annual Statement of each Material Insurance Subsidiary for such Fiscal Year prepared in
accordance with SAP and accompanied by the certification of the chief financial officer or
treasurer of such Material Insurance Subsidiary that such Annual Statement presents fairly in
accordance with SAP the financial position of such Material Insurance Subsidiary for the period
then ended;

     (d) as soon as possible, but no later than 60 days after the end of each of the first three
Fiscal Quarters of each fiscal year, a copy of the quarterly Interim Statement of each Material
Insurance Subsidiary for each such Fiscal Quarter, all prepared in accordance with SAP and
accompanied by the certification of the chief financial officer or treasurer of such Insurance
Subsidiary that all such quarterly statements present fairly in accordance with SAP the financial
position of such Insurance Subsidiary for the period then ended; and

     (e) within 105 days after the close of each Fiscal Year, a copy of each Material Insurance
Subsidiary’s “Statement of Actuarial Opinion” which is provided to the Department (or equivalent
information should the Department no longer require such a statement) as to the adequacy of loss
reserves of such Material Insurance Subsidiary, which opinion shall be in the format prescribed by
the Insurance Code.

     6.02 Certificates; Other Information. The Borrower shall deliver to the Administrative Agent
in form and detail satisfactory to the Administrative Agent:

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     (a) concurrently with the delivery of the financial statements referred to in
Sections 6.01(a) and (b), a Compliance Certificate executed by a Responsible
Officer;

     (b) promptly, copies of all financial statements and material reports that the Borrower or any
of its Material Subsidiaries sends or may make to, or file with, any applicable Department;

     (c) the following certificates and other information:

     (i) promptly upon request by any Lender, (A) a copy of any final financial examination
reports or market conduct examination reports issued by a Governmental Authority with
respect to any Material Subsidiary of the Borrower (and the Borrower, should it at any time
engage or become involved in the business of insurance), relating to the insurance business
of each Material Subsidiary or, if applicable, the Borrower (when, and if, prepared) and
(B) a copy of any interim report; provided that such Subsidiary or, if applicable,
the Borrower shall not have to deliver any interim report requested by a Lender hereunder if
a final report is issued and delivered to the Administrative Agent within 90 days of such
interim report;

     (ii) promptly after the receipt by a Responsible Officer of the Borrower of such
notice, notice of the actual suspension, termination or revocation of any material license
of the Borrower or any of its Material Subsidiaries by any Governmental Authority or notice
from any Governmental Authority notifying the Borrower or any of its Material Subsidiaries
of a hearing relating to such a suspension, termination or revocation, including any request
by a Governmental Authority which commits the Borrower or any of its Material Subsidiaries
to take, or refrain from taking, any action or which otherwise could reasonably be expected
to have a Material Adverse Effect;

     (iii) promptly after the receipt by a Responsible Officer of the Borrower of such
notice, notice of any material pending or threatened investigation or regulatory proceeding
(other than routine periodic investigations or reviews) by any Governmental Authority
concerning the business practices or operations of the Borrower or any of its Material
Subsidiaries which is reasonably likely to have a Material Adverse Effect; and

     (iv) promptly upon the receipt by a Responsible Officer of the Borrower of such notice,
notice of any actual material changes in the Insurance Code governing the investment or
dividend practices of insurance companies domiciled in any of the states in which any
Insurance Subsidiary is domiciled;

     (d) promptly upon (i) the acquisition by the Borrower or any of its Subsidiaries of any Person
which engages in any material respect in an insurance business or (ii) any Subsidiary of the
Borrower or any of its Subsidiaries becoming engaged in any material respect in an insurance
business, a certificate of a Responsible Officer stating that such Person or Subsidiary shall be
deemed to be an “Insurance Subsidiary” for all purposes of each Loan Document;

     (e) promptly after a Responsible Officer of the Borrower receives such notice, notice from the
Borrower’s Registered Public Accounting Firm of the occurrence of any Internal

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Control Event which could reasonably be expected to have a Material Adverse Effect, unless
notice of such Internal Control Event is otherwise made public through a press release;

     (f) promptly, but in any event within ten Business Days after the effective date thereof,
notice of any change in a Debt Rating by Moody’s or S&P;

     (g) promptly after the effective date thereof, notice of any change in the “financial
strength” rating of any Material Insurance Subsidiary by Moody’s or S&P;

     (h) promptly after the same are available, copies of each (i) annual report, proxy or
financial statement or, at the Administrative Agent’s request, copies of each other report or
communication sent to the stockholders of the Borrower, and copies of all annual, regular, periodic
and special reports (including Forms 10K, 10Q and 8K) and registration statements which the
Borrower may file or be required to file with the SEC under Section 13 or 15(d) of the Securities
Exchange Act of 1934, and not otherwise required to be delivered to the Administrative Agent
pursuant hereto and (ii) without duplication, copies of any certifications or affidavits required
by the SEC in connection with the filing of Forms 10K, 10Q and 8K;

     (i) promptly after receipt thereof by the Borrower or any Subsidiary thereof, copies of each
notice or other correspondence received from the SEC (or comparable agency in any applicable
non-U.S. jurisdiction) concerning any investigation or possible investigation or other inquiry by
such agency regarding financial or other operational results of the Borrower or any Material
Subsidiary thereof; and

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

     Documents required to be delivered pursuant to Section 6.01(a) through (d) or
Section 6.02(h) (to the extent any such documents are included in materials otherwise filed
with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been
delivered on the date (i) on which the Borrower posts such documents, or provides a link thereto on
the Borrower’s website on the Internet at the website address listed on Schedule 10.02; or
(ii) on which such documents are posted on the Borrower’s behalf on SyndTrak Online or another
relevant website, if any, to which each Lender and the Administrative Agent have access (whether a
commercial, third-party website or whether sponsored by the Administrative Agent); provided
that: (i) the Borrower shall deliver paper copies of such documents to the Administrative Agent for
any Lender that requests the Borrower to deliver such paper copies until a written request to cease
delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower
shall notify (which may be by facsimile or electronic mail) the Administrative Agent and each
Lender of the posting of any such documents and provide to the Administrative Agent by electronic
mail electronic versions (i.e., soft copies) of such documents. Notwithstanding anything
contained herein, in every instance the Borrower shall be required to provide paper copies of the
Compliance Certificates required by Section 6.02(a) to the Administrative Agent and each of
the Lenders. Except for such Compliance Certificates, the Administrative Agent shall have no
obligation to request the delivery or to maintain copies of the

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documents referred to above, and in any event shall have no responsibility to monitor
compliance by the Borrower with any such request for delivery, and each Lender shall be solely
responsible for requesting delivery to it or maintaining its copies of such documents.

     The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arrangers will
make available to the Lenders materials and/or information provided by or on behalf of the Borrower
hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on
SyndTrak Online or another similar electronic system (the “Platform”), it being understood
that the Administrative Agent and the Arrangers are utilizing SyndTrak Online with the expressed
understanding that neither the Administrative Agent nor the Arrangers shall be liable for any
release of confidential information to unauthorized parties as a result of the operation or
administration of SyndTrak Online and (b) certain of the Lenders may be “public-side” Lenders
(i.e., Lenders that do not wish to receive material non-public information with respect to the
Borrower or its securities) (each, a “Public Lender”). The Borrower hereby agrees that
(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 Borrower
shall be deemed to have authorized the Administrative Agent, the Arrangers and the Lenders to treat
such Borrower Materials as not containing any material non-public information with respect to the
Borrower or its 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 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” and shall not post such Borrower Materials on the
Platform for Public Investors.

     6.03 Notices. The Borrower shall promptly notify the Administrative Agent after a Responsible
Officer of the Borrower obtains knowledge of:

     (a) (i) the occurrence of any event that constitutes a Default or Event of Default, or
(ii) any litigation or governmental proceeding pending against the Borrower or any of its
Subsidiaries which could reasonably be expected to have a Material Adverse Effect;

     (b) the occurrence of any of the following events affecting the Borrower or any ERISA
Affiliate to the extent that such event or events could reasonably result in a liability of the
Borrower or any of its Subsidiaries in an aggregate amount in excess of $25,000,000, and deliver to
the Administrative Agent a copy of any notice with respect to such event that is filed with a
Governmental Authority and any notice delivered by a Governmental Authority to the Borrower or any
ERISA Affiliate with respect to such event:

     (i) an ERISA Event;

     (ii) a material increase in the contributions to, or the Unfunded Pension Liability of,
any Pension Plan since the last annual valuation date;

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     (iii) the adoption of, or the commencement of contributions to, any Plan subject to
Section 412 of the Code by the Borrower or any ERISA Affiliate; or

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

     (c) of any change in accounting policies or financial reporting practices by the Borrower or
any of its consolidated Material Subsidiaries that affect the calculation of the financial
covenants set forth in Section 7.09;

     (d) of the receipt of any notice from any Governmental Authority of the institution of any
disciplinary proceedings against or in respect of any Insurance Subsidiary, or the issuance of any
order, the taking of any action or any request for an extraordinary audit for cause by any
Governmental Authority which could reasonably be expected to have a Material Adverse Effect; or

     (e) of any judicial or administrative order limiting or controlling the insurance business of
any Insurance Subsidiary (and not the insurance industry generally) which has been issued or
adopted and which has had, or which could reasonably be expected to have, a Material Adverse
Effect.

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

     6.04 Preservation of Existence, Etc. The Borrower shall, and shall cause each of its Material
Subsidiaries to, (a) preserve, renew and maintain in full force and effect its legal existence and
good standing under the Laws of the jurisdiction of its organization except in a transaction
permitted by Section 7.02; (b) take all reasonable action to maintain all rights,
privileges, permits, licenses and franchises necessary or desirable in the normal conduct of its
business, except to the extent that failure to do so could not reasonably be expected to have a
Material Adverse Effect; (c) take all reasonable action to preserve or renew all of its registered
patents, trademarks, trade names and service marks, the non-preservation of which could reasonably
be expected to have a Material Adverse Effect; and (d) in the case of the Borrower, engage in no
business (other than as conducted on the Closing Date) except to hold Equity Interests of its
Subsidiaries.

     6.05 Maintenance of Properties. The Borrower shall, and shall cause each of its Subsidiaries
to, (a) maintain, preserve and protect all of its material properties and equipment necessary in
the operation of its business in good working order and condition, ordinary wear and tear excepted
and except in connection with transactions permitted by Section 7.02 except where the
failure to do so could not reasonably be expected to have a Material Adverse Effect; and (b) make
all necessary repairs thereto and renewals and replacements thereof, in each case

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except where the failure to do so could not reasonably be expected to have a Material Adverse
Effect.

     6.06 Maintenance of Insurance. The Borrower shall, and shall cause each of its Material
Subsidiaries to, maintain with financially sound and reputable insurance companies which are not
Affiliates of the Borrower insurance with respect to its properties and business against loss or
damage of the kinds customarily insured against by Persons engaged in the same or similar business,
of such types and in such amounts as are customarily carried under similar circumstances by such
other Persons.

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

     6.08 Books and Records. The Borrower shall, and shall cause each of its Subsidiaries to,
(a) maintain proper books of record and account, in which full, true and correct entries sufficient
to prepare financial statements in conformity with GAAP or SAP, as applicable, consistently
applied, shall be made of all financial transactions and matters involving the assets and business
of the Borrower or such Subsidiary, as the case may be; and (b) maintain such books of record and
account in material conformity with all applicable requirements of any Governmental Authority
having regulatory jurisdiction over the Borrower or such Subsidiary, as the case may be.

     6.09 Inspection Rights. The Borrower shall, and shall cause each of its Material Subsidiaries
to, permit representatives and independent contractors of the Administrative Agent and each Lender
to visit and inspect any of their respective properties, to examine its corporate, financial and
operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs,
finances and accounts with its directors, officers, and independent public accountants, all at such
reasonable times during normal business hours and as often as may be reasonably desired (provided
that, so long as no Default or Event of Default exists, the Borrower shall only be liable for the
expenses of the Administrative Agent, and only in connection with one such inspection by the
Administrative Agent during each calendar year), upon reasonable advance notice to the Borrower;
provided, however, that when a Default or an Event of Default exists the
Administrative Agent or any Lender (or any of their respective representatives or independent
contractors) may do any of the foregoing at the expense of the Borrower at any time during normal
business hours and without advance notice.

     6.10 Use of Proceeds. The Borrower shall use the proceeds of the Credit Extensions to
refinance all indebtedness under the Existing Credit Agreement, the FNF Credit Agreement, and for
general corporate purposes, including Permitted Acquisitions and Capital Expenditures, not in
contravention of any Law or of any Loan Document.

     6.11 Payment of Taxes. The Borrower shall, and shall cause each of its Subsidiaries to, pay
and discharge all material taxes, assessments and governmental charges or levies upon it

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or upon its income or profits, or upon any properties belonging to it, prior to the date on
which material penalties attach thereto, and all lawful material claims that, if unpaid, could
reasonably be expected to become a Lien upon any of its material properties; provided that
neither the Borrower nor any of its Subsidiaries shall be required hereunder to pay any such tax,
assessment, charge, levy or claim that is being contested in good faith and by proper proceedings
if it has maintained adequate reserves (in the good faith judgment of the management of the
Borrower) with respect thereto in accordance with GAAP or SAP, as appropriate.

ARTICLE VII.

NEGATIVE COVENANTS

     So long as any Lender shall have any Commitment hereunder or any Loan or other Obligation
hereunder shall remain unpaid or unsatisfied:

     7.01 Liens. The Borrower shall not, and shall not permit its Subsidiaries to, directly or
indirectly, create, incur, assume or suffer to exist any Lien upon any of its property, assets or
revenues, whether now owned or hereafter acquired, other than the following (“Permitted
Liens”):

     (a) any Lien created under any Loan Document;

     (b) Liens for taxes, fees, assessments or other governmental charges which are not delinquent
or remain payable without penalty, or to the extent that non-payment thereof is permitted by
Section 6.11;

     (c) carriers’, warehousemen’s, mechanics’, landlords’, materialmen’s, repairmen’s or other
similar Liens arising in the ordinary course of business which are not delinquent or remain payable
without penalty or which are being contested in good faith by appropriate actions;

     (d) Liens (other than any Lien imposed by ERISA) incurred or deposits made in the ordinary
course of business in connection with workers’ compensation, unemployment insurance and other types
of social security, or to secure the performance of tenders, statutory obligations, surety and
appeal bonds, bids, leases, government contracts, performance and return-of-money bonds,
reinsurance agreements and other similar obligations incurred in the ordinary course of business
(exclusive of obligations in respect of the payment for borrowed money);

     (e) Liens identified on Schedule 7.01;

     (f) Liens consisting of pledges or deposits of cash or securities made by any Insurance
Subsidiary as a condition to obtaining or maintaining any licenses issued to it by, or to satisfy
the requirements of, any Department;

     (g) Liens consisting of judgment or judicial attachment Liens (other than arising as a result
of claims under or related to Insurance Contracts, Retrocession Agreements or Reinsurance
Agreements); provided that the enforcement of such Liens is effectively stayed or fully
covered by insurance and all such Liens in the aggregate at any time outstanding for the Borrower
and its Subsidiaries do not exceed 5% of Net Worth;

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     (h) easements, rights-of-way, restrictions and other similar encumbrances incurred in the
ordinary course of business which, in the aggregate, are not substantial in amount, and which do
not in any case materially detract from the value of the property subject thereto or interfere with
the ordinary conduct of the business of the Borrower;

     (i) Liens securing obligations in respect of purchase money Indebtedness and Capital Leases
permitted pursuant to Section 7.04(d) on assets (and proceeds thereof) subject to such
leases; provided that (A) any such Lien on purchase money Indebtedness or in respect of
Capital Leases covers only the asset (and proceeds thereof) subject to the Capital Lease or being
acquired with the proceeds of such purchase money Indebtedness and (B) such purchase money
Indebtedness and Capital Leases are otherwise permitted hereunder;

     (j) Liens securing obligations permitted under Sections 7.04(f) and (g), to
the extent such Liens are identified and permitted under such Section;

     (k) Liens arising as a result of claims under or related to Insurance Contracts, Reinsurance
Agreements or Retrocession Agreements in the ordinary course of business, or securing Indebtedness
of Insurance Subsidiaries incurred or assumed in connection with the settlement of claim losses in
the ordinary course of business of such Insurance Subsidiaries;

     (l) Liens securing obligations permitted under Section 7.04(h).

     (m) Liens on assets of a Subsidiary securing obligations owed to the Borrower or a Subsidiary
and permitted under Section 7.04(m);

     (n) Liens on assets of Designated Subsidiaries securing obligations permitted under
Section 7.04(n);

     (o) so long as no Default or Event of Default has occurred and is continuing at the time such
Lien is granted, other Liens on assets of the Borrower and its Subsidiaries securing obligations of
the Borrower and its Subsidiaries in an aggregate amount not exceeding at any one time outstanding
10% of Net Worth;

     (p) leases, licenses, subleases or sublicenses granted to other Persons in the ordinary course
of business which do not interfere in any material respect with the business of the Borrower and
its Subsidiaries;

     (q) Liens incurred in connection with a Permitted Accounts Securitization and which Liens
attach solely to the Transferred Assets in connection with the incurrence of Indebtedness arising
in connection with such Permitted Accounts Securitization;

     (r) Liens incurred in connection with the Permitted Synthetic Lease which are Permitted
Synthetic Lease Liens;

     (s) any extension, refinancing (but not increase), renewal or replacement of the foregoing;
provided that the Liens permitted hereby shall not be spread to cover any additional
Indebtedness or property (other than a substitution of like property); and

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     (t) Liens (i) of a collection bank arising under Section 4-210 of the Uniform Commercial Code
on items in the course of collection, (ii) on commodity trading accounts or other brokerage
accounts incurred in the ordinary course of business and (iii) in favor of a banking institution
arising as a matter of law or contract encumbering deposits (including the right of set-off) and
which are within the general parameters customary in the banking industry.

     7.02 Consolidations and Mergers; Sales of Assets. The Borrower shall not, and shall not
permit any of its Subsidiaries to, merge, consolidate with or into, or convey, transfer, lease or
otherwise dispose of (whether in one transaction or in a series of related transactions) all or any
part of its assets (including receivables, but excluding Equity Interests, and in all cases whether
now owned or hereafter acquired) to or in favor of any Person, except:

     (a) (i) any Subsidiary may merge with the Borrower; provided that the Borrower shall
be the continuing or surviving Person, or with any one or more Subsidiaries; provided that
if any transaction shall be between a Subsidiary and a Subsidiary that is a Wholly-Owned
Subsidiary, the Subsidiary that is a Wholly-Owned Subsidiary shall be the continuing or surviving
Person and (ii) the Borrower or any Subsidiary may merge with any other Person; provided
that such merger is consummated as part of a Permitted Acquisition and the Borrower or the
applicable Subsidiary shall be the continuing or surviving Person;

     (b) any Subsidiary may sell all or any part of its assets (upon voluntary liquidation or
otherwise) to the Borrower or another Subsidiary that is a Wholly-Owned Subsidiary;

     (c) the Borrower or any Subsidiary may sell, lease, convey or otherwise dispose of assets
(i) if such sale, lease, conveyance or other disposition is (A) of portfolio Investments in the
ordinary course of its business at fair market value, (B) of obsolete, worn-out or surplus property
and property no longer used or useful in the conduct of the business of the Borrower and its
Subsidiaries, (C) a sale of property to the extent such property is exchanged for credit against
the purchase price of similar replacement property or the Net Disposition Proceeds thereof are
applied to the purchase of such replacement property within 90 days of such sale; (D) ordinary
course dispositions of inventory, (E) ordinary course dispositions of real estate and related
properties in connection with relocation activities for employees of the Borrower and its
Subsidiaries; (F) dispositions of tangible property as part of a like kind exchange under
Section 1031 of the Code in the ordinary course of business; (G) dispositions of real estate and
related properties as part of the resolution or settlement of claims under an Insurance Contract in
the ordinary course of business; (H) a voluntary termination of a Swap Contract; (I) leases,
subleases, licenses or sublicenses of property in the ordinary course of business and which do not
materially interfere with the business of the Borrower and its Subsidiaries; (J) dispositions in
the ordinary course of business of accounts receivable in connection with the collection thereof,
or (K) a Permitted Accounts Securitization and (ii) not otherwise permitted to be sold, leased,
conveyed or disposed of in clause (i) immediately preceding, provided that (A) no Default or Event
of Default shall have occurred or be continuing or would occur after giving effect thereto, (B) all
such dispositions shall be for fair market value, and (C) the aggregate value of all assets
disposed of pursuant to this clause (ii) by the Borrower and its Subsidiaries during the term of
this Agreement shall not exceed 25% of Net Worth; and

     (d) as set forth on Schedule 7.02.

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     7.03 Investments. The Borrower shall not, and shall not permit any of its Subsidiaries to,
make any Investments, except for:

     (a) Investments constituting Permitted Acquisitions; and

     (b) so long as (i) no Default or Event of Default has occurred and is continuing on the date
of such Investment or would result therefrom and (ii) such Investment complies with all Legal
Requirements, other Investments (excluding Acquisitions).

     7.04 Limitation on Indebtedness. The Borrower shall not, and shall not permit any of its
Subsidiaries to, create, incur, assume, suffer to exist, or otherwise become or remain directly or
indirectly liable with respect to, any Indebtedness, except:

     (a) Indebtedness incurred pursuant to this Agreement;

     (b) Indebtedness consisting of Contingent Obligations in respect of obligations of other
Persons (excluding for purposes of this Section 7.04(b) only, Contingent Obligations of the
Borrower in respect of airplane leases of its Subsidiaries not to exceed $50,000,000 in aggregate
amount) in an aggregate amount not to exceed at any one time outstanding 3% of Net Worth;

     (c) Indebtedness identified on Schedule 7.04;

     (d) Indebtedness incurred in the ordinary course of business in connection with (i) Capital
Leases which are non-recourse to the Borrower or its Subsidiaries and (ii) purchase money
Indebtedness and other Capital Leases in an aggregate amount not to exceed at any one time
outstanding 3% of Net Worth;

     (e) Obligations under Swap Contracts entered into for hedging purposes;

     (f) Indebtedness of the Borrower and its Subsidiaries having a maturity of 92 days or less
representing borrowings from a bank or banks with which the Borrower or such Subsidiary has a
depository relationship, which borrowings shall be fully secured by Cash Equivalents purchased by
the Borrower or such Subsidiary with the proceeds of such borrowings;

     (g) Obligations incurred in the ordinary course of business in connection with relocation
service transactions and secured by properties which are the subject to such transactions;

     (h) Indebtedness incurred by the Borrower or a Subsidiary to fund a Permitted Acquisition and
Indebtedness of a Person that becomes a Subsidiary after the Closing Date pursuant to a Permitted
Acquisition, which Indebtedness existed prior to such Acquisition and was not created in
contemplation thereof;

     (i) Indebtedness under the Public Debentures;

     (j) so long as no Default or Event of Default has occurred and is continuing at the time of
incurrence thereof or after giving effect thereto, unsecured Indebtedness of the Borrower;
provided that such Indebtedness (i) shall have a stated maturity of no earlier than
March 19,

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2013, (ii) shall not have any scheduled principal payments or provide for any mandatory
prepayments or redemptions or repurchases not otherwise provided to the Lenders hereunder prior to
March 19, 2013 (other than (A) by way of acceleration after default or (B) in respect of, or upon,
the conversion or mandatory prepayment of Convertible Indebtedness); and (iii) has covenants,
defaults and other terms and conditions (other than interest rates and change of control or
“fundamental change” provisions) no more restrictive (when taken as a whole) than those contained
in this Agreement; provided further that the net cash proceeds from any such
Indebtedness shall be used to prepay Revolving Loans, if any, that are outstanding at the time the
Borrower receives such net cash proceeds (without a mandatory corresponding reduction in the
Aggregate Commitments) (it being understood that (I) nothing in this proviso prohibits the Borrower
from making any Borrowing subsequent to or substantially simultaneous with such prepayment if
otherwise permitted by, and in accordance with, the terms of this Agreement and (II) “mandatory
prepayment” with respect to Convertible Indebtedness includes, and the “stated maturity” of
Convertible Indebtedness does not include, the repurchase of Convertible Indebtedness by the
Borrower at the option of the creditor of such Convertible Indebtedness (whether upon the
occurrence of specified events or conditions, on specified dates or otherwise);

     (k) so long as no Default or Event of Default has occurred and is continuing at the time of
incurrence thereof, other unsecured Indebtedness of the Subsidiaries;

     (l) obligations consisting of guarantees of any Subsidiary of Indebtedness of insurance agents
of an Insurance Subsidiary in an aggregate amount not to exceed at any one time outstanding 3% of
Net Worth;

     (m) Indebtedness of the Borrower owing to any Subsidiary, provided that the payment of such
Indebtedness is subordinate to the payment of the Obligations in a manner satisfactory to the
Administrative Agent;

     (n) Non-Recourse Debt of the Designated Subsidiaries;

     (o) Synthetic Lease Obligations under the Permitted Synthetic Lease and, so long as no Default
or Event of Default has occurred and is continuing at the time of incurrence thereof, other
Synthetic Lease Obligations, provided the aggregate Attributable Indebtedness in respect of all of
the foregoing shall not exceed at any one time outstanding 3% of Net Worth;

     (p) so long as no Default or Event of Default has occurred and is continuing at the time of
incurrence thereof, Indebtedness arising in connection with a Permitted Accounts Securitization;
and

     (q) any extensions, renewals or refinancings (but not increases) of the foregoing.

     7.05 Transactions with Affiliates. The Borrower shall not, and shall not permit any of its
Subsidiaries to, enter into any transaction with any Affiliate of the Borrower, except upon fair
and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a
comparable arm’s-length transaction with a Person not an Affiliate of the Borrower or such
Subsidiary; provided that the foregoing restrictions shall not apply to (a) customary fees
paid to members of the Board of Directors of the Borrower and its Subsidiaries, (b) transactions

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permitted by Section 7.06 and (c) the performance of any of the agreements identified
on Schedule 7.05.

     7.06 Restricted Payments. The Borrower shall not, and shall not allow any of its Subsidiaries
to, declare or make any dividend payment or other distribution of assets, properties, cash, rights,
obligations or securities on account of any shares of any class of its Equity Interests, or
purchase, redeem or otherwise acquire for value any shares of any class of its Equity Interests or
any warrants, rights or options to acquire such shares, now or hereafter outstanding, or directly
or indirectly voluntarily prepay, defease or in substance defease, purchase, redeem, retire or
otherwise acquire, any Indebtedness described in Section 7.04(i) or Section 7.04(j)
(collectively, “Restricted Payments”), except that (a) any Subsidiary may pay dividends and
tax sharing payments to the corporations which own its Equity Interest; (b) the Borrower may, so
long as immediately preceding and after giving effect to any such repurchase, retirement,
acquisition or purchase no Event of Default or Default shall have occurred, repurchase, retire or
otherwise acquire Equity Interests of the Borrower or purchase any warrants, rights or options to
acquire such Equity Interests; (c) the Borrower may, so long as immediately preceding and after
giving effect to any such payment no Event of Default or Default shall have occurred, pay cash
dividends to its shareholders; (d) the Borrower may, so long as immediately preceding and after
giving effect thereto no Event of Default or Default shall have occurred, prepay, defease,
purchase, redeem or retire any Indebtedness described in Sections 7.04(i) and
7.04(j); provided, that in any event the Borrower may repay, prior to March 19,
2013, any principal amount upon the conversion or mandatory prepayment of any Convertible
Indebtedness as long as such repayment complies with the immediately following sentence; and
(e) the Borrower may make payments of interest on any Convertible Indebtedness. The repayment,
prior to March 19, 2013, of any principal amount upon the conversion or mandatory prepayment of any
Convertible Indebtedness may be made (A) pursuant to provisions that comply with
Section 7.04(j)(ii), (B) if such payment is made solely in additional debt securities (on
terms reasonably acceptable to the Administrative Agent) or equity securities or (C) if such
payment is made in cash, so long as immediately preceding and after giving effect to such payment
no Event of Default or Default shall have occurred and (x) the Borrower has Sufficient Liquidity
and (y) after giving effect to any such payment, the Borrower is in pro forma compliance with each
financial covenant set forth in Section 7.09. Issuances by a Person of stock options,
restricted stock or other stock-based compensation to officers, directors and employees of such
Person shall not constitute Restricted Payments.

     7.07 Change in Business. Other than in connection with a Permitted Acquisition, the Borrower
shall not, and shall not permit any of its Material Subsidiaries to, engage in any material line of
business substantially different from those lines of business carried on by the Borrower and its
Subsidiaries on the date hereof and businesses directly related thereto and reasonable extensions
thereof.

     7.08 Accounting Changes. The Borrower shall not, and shall not permit any of its Material
Subsidiaries to, make any change in accounting treatment or reporting practices that affects the
calculation of the financial covenants set forth in Section 7.09, except as required by
GAAP or SAP, or change the fiscal year of the Borrower or of any Subsidiary.

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     7.09 Financial Covenants.

     (a) Net Worth. The Borrower shall not permit its Net Worth as of the end of any
Fiscal Quarter to be less than the sum of (i) $2,163,668,000, plus (ii) 50% of Net Income
(in excess of zero) for the period from the beginning of the first Fiscal Quarter following
June 30, 2006 to the last day of the Fiscal Quarter for which such determination is made,
plus (iii) 50% of cumulative cash equity contributions received by the Borrower after
June 30, 2006 through the issuance of Equity Interests.

     (b) Total Debt to Total Capitalization Ratio. The Borrower shall not permit its Total
Debt to Total Capitalization Ratio to be greater than 0.35 to 1.0 at the end of any Fiscal Quarter.

     7.10 Restrictive Agreements, etc. The Borrower shall not, and shall not permit any of its
Material Insurance Subsidiaries to, enter into any agreement (other than pursuant to Legal
Requirements and excluding any Loan Document) prohibiting any of its Subsidiaries from making any
payments, directly or indirectly, to the Borrower by way of dividends, advances, repayments of
loans or advances, reimbursements and accruals or other returns on investments, or any other
agreement or arrangement which prohibits any such Subsidiary from making any payment, directly or
indirectly, to the Borrower in an aggregate amount in excess of 1% of Net Worth for all such
agreements, other than as a result of financial covenants in other agreements evidencing
Indebtedness permitted under Section 7.04.

     7.11 Certain Amendments. The Borrower shall not agree to any amendment to the terms and
conditions of any Public Debenture or the underlying indenture related thereto that restricts,
prohibits or would otherwise adversely affect Borrower’s ability to pay and perform the Obligations
in any material respect, including any amendment that would (a) increase the interest rate on such
Public Debenture, (b) change the dates upon which payments of principal or interest are due on such
Public Debenture other than to extend such dates, (c) change any default or event of default or
financial covenant other than to delete or make less restrictive any default or financial covenant
provision therein, or add any financial covenant with respect to such Public Debenture, (d) change
the redemption, prepayment, defeasance or repurchase provisions of such Public Debenture other than
to extend the dates therefor or to reduce the premiums (if any) payable in connection therewith, or
(e) grant any security, collateral or guaranty to secure payment of such Public Debenture, unless,
to the extent such grant is made by the Borrower, the Administrative Agent, for the benefit of the
Banks, is granted, on a pari-passu basis, the identical security, collateral or guaranty to
secure payment of the Obligations.

ARTICLE VIII.

EVENTS OF DEFAULT AND REMEDIES

     8.01 Events of Default. Any of the following shall constitute an Event of Default:

     (a) Non-Payment. The Borrower fails to pay (i) when and as required to be paid
herein, any amount of principal of any Loan, or (ii) within five days after the same becomes due,
any interest on any Loan, or any Facility Fee or other fee due hereunder, or any other amount
payable hereunder or under any other Loan Document; or

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     (b) Specific Covenants. The Borrower or any Subsidiary fails to perform or observe
any term, covenant or agreement contained in any of Section 6.03(a)(i), 6.09 or
Article VII applicable to it; or

     (c) Other Defaults. The Borrower or any Subsidiary fails to perform or observe any
other covenant or agreement (not specified in subsection (a) or (b) above) contained in any Loan
Document on its part to be performed or observed and such failure continues for 30 days after the
earlier of (i) the date upon which a Responsible Officer knew or reasonably should have known of
such failure or (ii) the date upon which written notice thereof is given to the Borrower by the
Administrative Agent or any Lender; or

     (d) Representations and Warranties. Any representation, warranty, certification or
statement of fact made or deemed made by or on behalf of the Borrower or any Subsidiary herein, in
any other Loan Document, or in any document delivered in connection herewith or therewith shall be
incorrect or misleading in any material respect when made or deemed made; or

     (e) Cross-Default. (i) The Borrower or any Subsidiary (A) fails to make any payment
when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise)
in respect of any Indebtedness incurred pursuant to (x) the Public Debentures, or (y) any other
Indebtedness or Contingent Obligation (other than Indebtedness hereunder, Indebtedness under Swap
Contracts, Indebtedness permitted under Section 7.04(m), intercompany accounts payable, and
Capital Lease Liabilities or purchase money Indebtedness with respect to which a bona fide dispute
exists which is being actively contested by the Borrower or the applicable Subsidiary) 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 3% of Net
Worth and such failure continues after the applicable grace or notice period, if any, specified in
the relevant document on the date of such failure, or (B) fails to observe or perform any other
agreement or condition relating to any such Indebtedness or Contingent Obligation or contained in
any instrument or agreement evidencing, securing or relating thereto, or any other event occurs,
the effect of which default or other event is to cause, or to permit the holder or holders of such
Indebtedness or the beneficiary or beneficiaries of such Indebtedness or Contingent Obligation (or
a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause,
with the giving of notice if required, such Indebtedness to be demanded or to become due or to be
repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase,
prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity, or such
Indebtedness to become payable or cash collateral in respect thereof to be demanded, excluding,
however, any such event creating any right of conversion or mandatory prepayment of any Convertible
Indebtedness; or (ii) there occurs under any Swap Contract an Early Termination Date (as defined in
such Swap Contract) resulting from (A) any event of default under such Swap Contract as to which
the Borrower or any Subsidiary is the Defaulting Party (as defined in such Swap Contract) or
(B) any Termination Event (as so defined) under such Swap Contract as to which the Borrower or any
Subsidiary is an Affected Party (as so defined) and, in either event, the Swap Termination Value
owed by the Borrower or such Subsidiary as a result thereof (excluding any portion thereof payable
in common Equity Interests of the Borrower or such Subsidiary) is greater than 3% of Net Worth; or

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     (f) Insolvency Proceedings, Etc. The Borrower or any Material Subsidiary institutes
or consents to the institution of any proceeding under any Debtor Relief Law, or makes an
assignment for the benefit of creditors; or applies for or consents to the appointment of any
receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it or
for all or any material part of its property; or any receiver, trustee, custodian, conservator,
liquidator, rehabilitator or similar officer is appointed without the application or consent of
such Person and the appointment continues undischarged or unstayed for 60 calendar days; or any
proceeding under any Debtor Relief Law relating to any such Person or to all or any material part
of its property is instituted without the consent of such Person and continues undismissed or
unstayed for 60 calendar days, or an order for relief is entered in any such proceeding; or any
Insurance Subsidiary shall become subject to any conservation, rehabilitation or liquidation order,
directive or mandate issued by an Governmental Authority; or

     (g) Inability to Pay Debts; Attachment. (i) The Borrower or any Material Subsidiary
ceases to be Solvent, or becomes unable or admits in writing its inability or fails generally to
pay its debts as they become due, subject to applicable grace periods, if any, whether at stated
maturity or otherwise, or (ii) any writ or warrant of attachment or execution or similar process is
issued or levied against all or any material part of the property of any such Person and is not
released, vacated or fully bonded within 60 days after its issue or levy; or

     (h) Judgments. There is entered against the Borrower or any Material Subsidiary (i) a
final judgment or order for the payment of money in an aggregate amount exceeding 3% of Net Worth
(to the extent not covered by an indemnity from a creditworthy indemnitor or independent
third-party insurance as to which the insurer does not dispute coverage), or (ii) any one or more
non-monetary final judgments that have, or could reasonably be expected to have, individually or in
the aggregate, a Material Adverse Effect and, in either case, (A) enforcement proceedings are
commenced by any creditor upon such judgment or order, or (B) there is a period of 10 consecutive
days during which a stay of enforcement of such judgment, by reason of a pending appeal or
otherwise, is not in effect; or

     (i) ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer
Plan which has resulted or could reasonably be expected to result in liability of the Borrower
under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount
in excess of 3% of Net Worth; (ii) the aggregate amount of Unfunded Pension Liability among all
Pension Plans at any time exceeds 3% of Net Worth; or (iii) the Borrower or any ERISA Affiliate
fails to pay when due, after the expiration of any applicable grace period, any installment payment
with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in
an aggregate amount in excess of 3% of Net Worth; or

     (j) Invalidity of Loan Documents. Any Loan Document, at any time after its execution
and delivery and for any reason other than as expressly permitted hereunder or satisfaction in full
of all the Obligations, ceases to be in full force and effect; or the Borrower contests in any
manner the validity or enforceability of any Loan Document; or the Borrower denies that it has any
or further liability or obligation under any Loan Document, or purports to revoke, terminate or
rescind any Loan Document; or

     (k) Change of Control. There occurs any Change of Control; or

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     (l) Loss of Licenses. Any Governmental Authority revokes, fails to renew or suspends
any License of the Borrower or any Subsidiary, which revocation, failure or suspension has had or
could reasonably be expected to have a Material Adverse Effect, or the Borrower or any Subsidiary
for any reason loses any License which loss has had or could reasonably be expected to have a
Material Adverse Effect, or the Borrower or any Subsidiary suffers the imposition of any
restraining order, escrow, suspension or impound of funds in connection with any proceeding
(judicial or administrative) with respect to any License which imposition has had or could
reasonably be expected to have a Material Adverse Effect; or

     (m) Environmental Damages. A reasonable basis shall exist for the assertion against
the Borrower or any of its Subsidiaries or any predecessor in interest of the Borrower or any of
its Subsidiaries of (or there shall have been asserted against the Borrower or any of its
Subsidiaries) any claims or liabilities, whether accrued, absolute or contingent, based on or
arising from the generation, storage, transport, handling or disposal of Hazardous Materials by the
Borrower or any of its Subsidiaries or predecessors thereof that, in the judgment of the Required
Lenders, are reasonably likely to be determined adversely to the Borrower or such Subsidiary and
the amount payable as a result thereof has a Material Adverse Effect (after deducting such amounts
that are reasonably expected to be paid by other creditworthy Persons jointly and severally liable
therefor); or

     (n) Governmental Action. The Borrower or any of its Subsidiaries shall be required by
any applicable bank regulatory authority, any applicable insurance regulatory authority or other
Governmental Authority to enter into, after the date hereof, any indenture, agreement, instrument
or other arrangement (including any capital maintenance agreement) that directly or indirectly,
prohibits or restrains, or has the effect of prohibiting or restraining, or imposes material
adverse conditions upon the incurrence or payment of Indebtedness, the granting of Liens, the
declaration or payment of dividends, the making of Investments or the Disposition of property or
requires the making of capital contributions to, or other Investments in, any such Subsidiary in an
aggregate amount which has a Material Adverse Effect.

     8.02 Remedies Upon Event of Default. If any Event of Default occurs and is continuing, the
Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders,
take any or all of the following actions:

     (a) declare the commitment of each Lender to make Loans to be terminated, whereupon such
commitments shall be terminated;

     (b) declare the unpaid principal amount of all outstanding Loans, all interest accrued and
unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan Document
to be immediately due and payable, without presentment, demand, protest or other notice of any
kind, all of which are hereby expressly waived by the Borrower; and

     (c) exercise on behalf of itself and the Lenders all rights and remedies available to it and
the Lenders under the Loan Documents or applicable Law;

provided, however, that upon the occurrence of any Event of Default under
Section 8.01(f), the obligation of each Lender to make Loans shall automatically terminate,
the unpaid principal

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amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically
become due and payable, without further act of the Administrative Agent or any Lender.

     8.03 Application of Funds. After the exercise of remedies provided for in
Section 8.02 (or after the Loans have automatically become immediately due and payable as
set forth in the proviso to Section 8.02), any amounts received on account of the
Obligations shall be applied by the Administrative Agent in the following order:

     First, to payment of that portion of the Obligations constituting fees, indemnities,
expenses and other amounts (including Attorney Costs and amounts payable under Article III)
payable to the Administrative Agent under the Loan Documents in its capacity as such;

     Second, to payment of that portion of the Obligations constituting fees, indemnities
and other amounts (other than principal and interest) payable to the Lenders (including Attorney
Costs and amounts payable under Article III) under the Loan Documents, ratably among them
in proportion to the amounts described in this clause Second payable to them;

     Third, to payment of that portion of the Obligations constituting accrued and unpaid
interest on the Loans, ratably among the Lenders in proportion to the respective amounts described
in this clause Third payable to them;

     Fourth, to payment of that portion of the Obligations constituting unpaid principal of
the Loans, ratably among the Lenders in proportion to the respective amounts described in this
clause Fourth held by them;

     Fifth, to payment of that portion of the Obligations in respect of Swap Contracts,
ratably among the counterparties thereto, in proportion to the respective amounts described in this
clause Fifth held by them; and

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

ARTICLE IX.

ADMINISTRATIVE AGENT

     9.01 Appointment and Authority. Each of the Lenders hereby irrevocably appoints Bank of
America to act on its behalf as the Administrative Agent hereunder and under the other Loan
Documents and authorizes the Administrative Agent to take such actions on its behalf and to
exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,
together with such actions and powers as are reasonably incidental thereto. The provisions of this
Article are solely for the benefit of the Administrative Agent and the Lenders, and the Borrower
shall not have rights as a third party beneficiary of any of such provisions.

     9.02 Rights as a Lender. The Person serving as the Administrative Agent hereunder shall have
the same rights and powers in its capacity as a Lender as any other Lender and may exercise the
same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall,
unless otherwise expressly indicated or unless the context otherwise requires,

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include the Person serving as the Administrative Agent hereunder in its individual capacity.
Such Person and its Affiliates may accept deposits from, lend money to, act as the financial
advisor or in any other advisory capacity for and generally engage in any kind of business with the
Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative
Agent hereunder and without any duty to account therefor to the Lenders.

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

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

     (b) shall not have any duty to take any discretionary action or exercise any discretionary
powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan
Documents that the Administrative Agent is required to exercise as directed in writing by the
Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided
for herein or in the other Loan Documents), provided that the Administrative Agent shall
not be required to take any action that, in its opinion or the opinion of its counsel, may expose
the Administrative Agent to liability or that is contrary to any Loan Document or applicable law;
and

     (c) shall not, except as expressly set forth herein and in the other Loan Documents, have any
duty to disclose, and shall not be liable for the failure to disclose, any information relating to
the Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as
the Administrative Agent or any of its Affiliates in any capacity.

     The Administrative Agent shall not be liable for any action taken or not taken by it (i) with
the consent or at the request of the Required Lenders (or such other number or percentage of the
Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be
necessary, under the circumstances as provided in Sections 10.01 and 8.02) or
(ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent
shall be deemed not to have knowledge of any Default unless and until notice describing such
Default is given to the Administrative Agent by the Borrower, or a 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 Article IV or elsewhere herein, other than to confirm
receipt of items expressly required to be delivered to the Administrative Agent.

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     9.04 Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely
upon, and shall not incur any liability for relying upon, any notice, request, certificate,
consent, statement, instrument, document or other writing (including any electronic message,
Internet or intranet website posting or other distribution) believed by it to be genuine and to
have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent
also may rely upon any statement made to it orally or by telephone and believed by it to have been
made by the proper Person, and shall not incur any liability for relying thereon. In determining
compliance with any condition hereunder to the making of a Loan, that by its terms must be
fulfilled to the satisfaction of a Lender, the Administrative Agent may presume that such condition
is satisfactory to such Lender unless the Administrative Agent shall have received notice to the
contrary from such Lender prior to the making of such Loan. The Administrative Agent may consult
with legal counsel (who may be counsel for the Borrower), independent accountants and other experts
selected by it, and shall not be liable for any action taken or not taken by it in accordance with
the advice of any such counsel, accountants or experts.

     9.05 Delegation of Duties. The Administrative Agent may perform any and all of its duties and
exercise its rights and powers hereunder or under any other Loan Document by or through any one or
more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such
sub-agent may perform any and all of its duties and exercise its rights and powers by or through
their respective Related Parties. The exculpatory provisions of this Article shall apply to any
such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and
shall apply to their respective activities in connection with the syndication of the credit
facilities provided for herein as well as activities as Administrative Agent.

     9.06 Resignation of Administrative Agent. The Administrative Agent may resign at any time
upon at least 30 days prior written notice to the Lenders and the Borrower. Upon receipt of any
such notice of resignation, the Required Lenders shall have the right, with the prior consent of
the Borrower (which consent shall not be unreasonably withheld or delayed and in any event shall
not be required at any time a Default or Event of Default exists), to appoint a successor, which
shall be a bank with an office in the United States, or an Affiliate of any such bank with an
office in the United States. If no such successor shall have been so appointed by the Required
Lenders and shall have accepted such appointment within 30 days after the retiring Administrative
Agent gives notice of its resignation, then the retiring Administrative Agent may on behalf of the
Lenders, appoint a successor Administrative Agent meeting the qualifications set forth above;
provided that if the Administrative Agent shall notify the Borrower and the Lenders that no
qualifying Person has accepted such appointment, then such resignation shall nonetheless become
effective in accordance with such notice and (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 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 directly, until such time as the
Required Lenders appoint a successor Administrative Agent as provided for above in this Section.
Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor
shall succeed to and become vested with all of the rights, powers, privileges and duties of the
retiring (or retired) Administrative Agent, and the retiring Administrative Agent

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shall be discharged from all of its duties and obligations hereunder or under the other Loan
Documents (if not already discharged therefrom as provided above in this Section). The fees
payable by the Borrower to a successor Administrative Agent shall be the same as those payable to
its predecessor unless otherwise agreed between the Borrower and such successor. After the
retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the
provisions of this Article and Section 10.04 shall continue in effect for the benefit of
such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect
of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent
was acting as Administrative Agent.

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

     9.07 Non-Reliance on Administrative Agent and Other Lenders. Each Lender acknowledges that it
has, independently and without reliance upon the Administrative Agent or any other Lender or any of
their Related Parties and based on such documents and information as it has deemed appropriate,
made its own credit analysis and decision to enter into this Agreement. Each Lender also
acknowledges that it will, independently and without reliance upon the Administrative Agent or any
other Lender or any of their Related Parties and based on such documents and information as it
shall from time to time deem appropriate, continue to make its own decisions in taking or not
taking action under or based upon this Agreement, any other Loan Document or any related agreement
or any document furnished hereunder or thereunder.

     9.08 No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the
Bookrunners, Arrangers, Co-Syndication Agents or Co-Senior Managing 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 or a Lender
hereunder. Without limiting the foregoing, none of the Lenders or other Persons so identified
shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender
acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so
identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

     9.09 Administrative Agent May File Proofs of Claim. In case of the pendency of any
receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment,
composition or other judicial proceeding relative to the Borrower, the Administrative Agent
(irrespective of whether the principal of any Loan shall then be due and payable as herein
expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall
have made any demand on the Borrower) shall be entitled and empowered, by intervention in such
proceeding or otherwise:

     (a) to file and prove a claim for the whole amount of the principal and interest owing and
unpaid in respect of the Loans and all other Obligations that are owing and unpaid and to file

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such other documents as may be necessary or advisable in order to have the claims of the
Lenders and the Administrative Agent (including any claim for the reasonable compensation,
expenses, disbursements and advances of the Lenders and the Administrative Agent and their
respective agents and counsel and all other amounts due the Lenders and the Administrative Agent
under Sections 2.08 and 10.04) allowed in such judicial proceeding; and

     (b) to collect and receive any monies or other property payable or deliverable on any such
claims and to distribute the same;

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official
in any such judicial proceeding is hereby authorized by each Lender to make such payments to the
Administrative Agent and, in the event that the Administrative Agent shall consent to the making of
such payments directly to the Lenders, to pay to the Administrative Agent any amount due for the
reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its
agents and counsel, and any other amounts due the Administrative Agent under Sections 2.08
and 10.04.

     Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or
consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement,
adjustment or composition affecting the Obligations or the rights of any Lender or to authorize the
Administrative Agent to vote in respect of the claim of any Lender in any such proceeding.

ARTICLE X.

MISCELLANEOUS

     10.01 Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other
Loan Document, and no consent to any departure by the Borrower therefrom, shall be effective unless
in writing signed by the Required Lenders and the Borrower and acknowledged by the Administrative
Agent, and each such waiver or consent shall be effective only in the specific instance and for the
specific purpose for which given; provided, however, that no such amendment, waiver
or consent shall:

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

     (b) extend or increase the Commitment of any Lender (or reinstate any Commitment terminated
pursuant to Section 2.05 or Section 8.02) without the written consent of such
Lender;

     (c) postpone any date fixed by this Agreement or any other Loan Document for any payment or
mandatory prepayment of principal, interest, fees or other amounts due to the Lenders (or any of
them) hereunder or under any other Loan Document without the written consent of each Lender
directly affected thereby;

     (d) reduce the principal of, or the rate of interest specified herein on, any Loan, or
(subject to clause (iii)) of the second proviso to this Section 10.01) any fees or other
amounts payable hereunder or under any other Loan Document without the written consent of each
Lender directly affected thereby; provided, however, that only the consent of the
Required

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Lenders shall be necessary to waive any obligation of the Borrower to pay interest at the
Default Rate;

     (e) change Section 2.12 or Section 8.03 or the definition of “Pro Rata
Share” in a manner that would alter the pro rata sharing of payments required thereby without
the written consent of each Lender; or

     (f) change any provision of this Section or the definition of “Required Lenders” or
any other provision hereof specifying the number or percentage of Lenders required to amend, waive
or otherwise modify any rights hereunder or make any determination or grant any consent hereunder,
without the written consent of each Lender;

and, provided further, that (i) no amendment, waiver or consent shall, unless in
writing and signed by the Swing Line Lender in addition to the Lenders required above, affect the
rights or duties of the Swing Line Lender under this Agreement; (ii) no amendment, waiver or
consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders
required above, affect the rights or duties of the Administrative Agent under this Agreement or any
other Loan Document; and (iii) the Fee Letter may be amended, or rights or privileges thereunder
waived, in a writing executed only by the parties thereto. Notwithstanding anything to the
contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment,
waiver or consent hereunder, except that the Commitment of such Lender may not be increased or
extended without the consent of such Lender.

     Notwithstanding anything to the contrary contained in this Section 10.01, in the event
that (a) the Borrower requests that this Agreement be modified or amended in a manner that would
require the unanimous consent of all of the Lenders and such modification or amendment is agreed to
by the Required Lenders, or (b) a Lender prohibits an Acquisition by the Borrower or a Subsidiary
by exercise of clause (c) of the definition of Permitted Acquisition, which Acquisition
would otherwise be a Permitted Acquisition, and such Lender is the sole Lender exercising its right
to so prohibit such Acquisition (such Lender, a “Blocking Lender”), then with the consent
of the Required Lenders, the Borrower shall be permitted to effect the replacement of (i) the
Lender or Lenders that did not agree to the modification or amendment requested by the Borrower
(such Lender or Lenders, collectively the “Minority Lenders”) or (ii) a Blocking Lender, as
applicable, in accordance with Section 10.13.

     10.02 Notices; Effectiveness; Electronic Communication.

     (a) Notices Generally. Except in the case of notices and other communications
expressly permitted to be given by telephone (and except as provided in subsection (b) below), all
notices and other communications provided for herein shall be in writing and shall be delivered by
hand or overnight courier service, mailed by certified or registered mail or sent by telecopier as
follows, and all notices and other communications expressly permitted hereunder to be given by
telephone shall be made to the applicable telephone number, as follows:

     (i) if to the Borrower, the Administrative Agent or the Swing Line Lender, to the
address, facsimile number, electronic mail address or telephone number specified for such
Person on Schedule 10.02 or to such other address, facsimile number, electronic

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mail address or telephone number as shall be designated by such party in a notice to
the other parties; and

     (ii) if to any other Lender, to the address, facsimile number, electronic mail address
or telephone number specified in its Administrative Questionnaire or to such other address,
facsimile number, electronic mail address or telephone number as shall be designated by such
party in a notice to the Borrower, the Administrative Agent and the Swing Line Lender.

Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall
be deemed to have been given when received; notices sent by telecopier shall be deemed to have been
given when sent (except that, if not given during normal business hours for the recipient, shall be
deemed to have been given at the opening of business on the next business day for the recipient).
Notices delivered through electronic communications to the extent provided in subsection (b) below,
shall be effective as provided in such subsection (b).

     (b) Electronic Communications. Notices and other communications to the Lenders
hereunder may be delivered or furnished by electronic communication (including e-mail and Internet
or intranet websites) pursuant to procedures approved by the Administrative Agent or as otherwise
provided in this Agreement, provided that the foregoing shall not apply to notices to any
Lender pursuant to Article II if such Lender has notified the Administrative Agent that it
is incapable of receiving notices under such Article by electronic communication. The
Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other
communications to it hereunder by electronic communications pursuant to procedures approved by it,
provided that approval of such procedures may be limited to particular notices or
communications.

     Unless the Administrative Agent otherwise prescribes and except as otherwise provided in this
Agreement, (i) notices and other communications sent to an e-mail address shall be deemed received
upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return
receipt requested” function, as available, return e-mail or other written acknowledgement),
provided that if such notice or other communication is not sent during the normal business hours of
the recipient, such notice or communication shall be deemed to have been sent at the opening of
business on the next business day for the recipient, and (ii) notices or communications posted to
an Internet or intranet website shall be deemed received upon the deemed receipt by the intended
recipient at its e-mail address as described in the foregoing clause (i) of notification that such
notice or communication is available and identifying the website address therefor.

     (c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT
PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR
THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE
BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY
OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR
FREEDOM FROM VIRUSES OR

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OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR
THE PLATFORM. In no event shall the Administrative Agent or any of its Related Parties
(collectively, the “Agent Parties”) have any liability to the Borrower, any Lender or any
other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort,
contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of
Borrower Materials through the Internet, except to the extent that such losses, claims, damages,
liabilities or expenses are determined by a court of competent jurisdiction by a final and
nonappealable judgment to have resulted from the gross negligence, willful misconduct or breach, in
bad faith, of this Agreement by such Agent Party; provided, however, that in no
event shall any Agent Party have any liability to the Borrower, any Lender or any other Person for
indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual
damages).

     (d) Change of Address, Etc. Each of the Borrower, the Administrative Agent and the
Swing Line Lender may change its address, telecopier or telephone number for notices and other
communications hereunder by notice to the other parties hereto. Each other Lender may change its
address, telecopier or telephone number for notices and other communications hereunder by notice to
the Borrower, the Administrative Agent and the Swing Line Lender. In addition, each Lender agrees
to notify the Administrative Agent from time to time to ensure that the Administrative Agent has on
record (i) an effective address, contact name, telephone number, telecopier number and electronic
mail address to which notices and other communications may be sent and (ii) accurate wire
instructions for such Lender.

     (e) Reliance by Administrative Agent and Lenders. The Administrative Agent and the
Lenders shall be entitled to rely and act upon any notices (including telephonic Revolving Loan
Notices and Swing Line Loan Notices) purportedly given by or on behalf of the Borrower even if (i)
such notices were not made in a manner specified herein, were incomplete or were not preceded or
followed by any other form of notice specified herein, or (ii) the terms thereof, as understood by
the recipient, varied from any confirmation thereof. The Borrower shall indemnify the
Administrative Agent, each Lender and the Related Parties of each of them from all losses, costs,
expenses and liabilities resulting from the reliance by such Person on each notice purportedly
given by or on behalf of the Borrower. All telephonic notices to and other telephonic
communications with the Administrative Agent may be recorded by the Administrative Agent, and each
of the parties hereto hereby consents to such recording.

     10.03 No Waiver; Cumulative Remedies. No failure by any Lender or the Administrative Agent to
exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege
hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right,
remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise
of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein
provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided
by Law.

     10.04 Expenses; Indemnity; Damage Waiver.

     (a) Costs and Expenses. The Borrower agrees (a) to pay or reimburse the
Administrative Agent for all reasonable out-of-pocket costs and expenses incurred by the

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Administrative Agent and the BofA Arranger in connection with the development, preparation,
negotiation and execution of this Agreement and the other Loan Documents and any amendment, waiver,
consent or other modification of the provisions hereof and thereof (whether or not the transactions
contemplated hereby or thereby are consummated), and the consummation and administration of the
transactions contemplated hereby and thereby, including all Attorney Costs, and (b) to pay or
reimburse the Administrative Agent and each Lender for all reasonable costs and expenses incurred
in connection with the enforcement, attempted enforcement, or preservation of any rights or
remedies under this Agreement or the other Loan Documents (including all such costs and expenses
incurred during any “workout” or restructuring in respect of the Obligations and during any legal
proceeding, including any proceeding under any Debtor Relief Law), including all Attorney Costs.
The foregoing costs and expenses shall include all search, filing, recording, title insurance and
appraisal charges and fees and taxes related thereto, and other out-of-pocket expenses incurred by
the Administrative Agent and the cost of independent public accountants and other outside experts
reasonably retained by the Administrative Agent or, with respect to clause (b) above, any Lender.

     (b) Indemnification and Damage Waiver by the Borrower. Whether or not the
transactions contemplated hereby are consummated, the Borrower shall indemnify and hold harmless
each Agent-Related Person, each Lender and their respective Affiliates, directors, officers,
employees, counsel, agents and attorneys-in-fact (collectively the “Indemnitees”) from and
against any and all liabilities, obligations, losses, damages, penalties, claims, demands, actions,
judgments, suits, costs, expenses and disbursements (including Attorney Costs) of any kind or
nature whatsoever which may at any time be imposed on, incurred by or asserted against any such
Indemnitee in any way relating to or arising out of or in connection with (a) the execution,
delivery, enforcement, performance or administration of any Loan Document or any other agreement,
letter or instrument delivered in connection with the transactions contemplated thereby or the
consummation of the transactions contemplated thereby (other than costs of Lenders other than Bank
of America incurred solely in connection with the negotiation of the initial terms of this
Agreement and the execution and delivery of this Agreement), (b) any Commitment or Loan or the use
or proposed use of the proceeds therefrom, or (c) any actual or prospective claim, litigation,
investigation or proceeding relating to any of the foregoing, whether based on contract, tort or
any other theory (including any investigation of, preparation for, settlement of, or defense of any
pending or threatened claim, investigation, litigation or proceeding) and regardless of whether any
Indemnitee is a party thereto (all the foregoing, collectively, the “Indemnified
Liabilities”); provided that such indemnity shall not, as to any Indemnitee, be
available to the extent that such liabilities, obligations, losses, damages, penalties, claims,
demands, actions, judgments, suits, costs, expenses or disbursements are (i) determined by a court
of competent jurisdiction by final and non-appealable judgment to have resulted from the gross
negligence or willful misconduct of such Indemnitee or the breach, in bad faith, of the Loan
Documents by an Indemnitee or (ii) are the result of claims asserted against an Indemnitee by
another Indemnitee.

     (c) Reimbursement by Lenders. To the extent that the Borrower for any reason fails to
indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by it
to the Administrative Agent (or any sub-agent thereof) or any Related Party of any of the
foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent)
or such Related Party, as the case may be, such Lender’s Participation Percentage

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(determined as of the time that the applicable unreimbursed expense or indemnity payment is
sought) of such unpaid amount, provided that the unreimbursed expense or indemnified loss,
claim, damage, liability or related expense, as the case may be, was incurred by or asserted
against the Administrative Agent (or any such sub-agent) in its capacity as such, or against any
Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent)
in connection with such capacity. The obligations of the Lenders under this subsection (c) are
subject to the provisions of Section 2.12(d).

     (d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by
applicable law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee,
on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to
direct or actual damages) arising out of, in connection with, or as a result of, this Agreement,
any other Loan Document or any agreement or instrument contemplated hereby, the transactions
contemplated hereby or thereby, any Loan or the use of the proceeds thereof. No Indemnitee
referred to in subsection (b) above shall be liable for any damages arising from the use by
unintended recipients of any information or other materials distributed by it through
telecommunications, electronic or other information transmission systems in connection with this
Agreement or the other Loan Documents or the transactions contemplated hereby or thereby, except to
the extent that such damages are determined by a court of competent jurisdiction by final and
non-appealable judgment to have resulted from the gross negligence or willful misconduct of such
Indemnitee or the breach, in bad faith, of the Loan Documents by an Indemnitee.

     (e) Payments. All amounts due under this Section shall be payable not later than 20
Business Days after demand therefor.

     (f) Survival. The agreements in this Section shall survive the resignation of the
Administrative Agent and the Swing Line Lender, the replacement of any Lender, the termination of
the Aggregate Commitments and the repayment, satisfaction or discharge of all the other
Obligations.

     10.05 Payments Set Aside. To the extent that any payment by or on behalf of the Borrower is
made to the Administrative Agent or any Lender, or the Administrative Agent or any Lender exercises
its right of set-off, and such payment or the proceeds of such set-off or any part thereof is
subsequently invalidated, declared to be fraudulent or preferential, set aside or required
(including pursuant to any settlement entered into by the Administrative Agent or such Lender in
its discretion) to be repaid to a trustee, receiver or any other party, in connection with any
proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of such recovery, the
obligation or part thereof originally intended to be satisfied shall be revived and continued in
full force and effect as if such payment had not been made or such set-off had not occurred, and
(b) each Lender severally agrees to pay to the Administrative Agent upon demand its applicable
share of any amount so recovered from or repaid by the Administrative Agent, plus interest thereon
from the date of such demand to the date such payment is made at a rate per annum equal to the
Federal Funds Rate from time to time in effect. The obligations of the Lenders under clause (b) of
the preceding sentence shall survive the payment in full of the Obligations and the termination of
this Agreement.

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     10.06 Successors and Assigns.

     (a) Successors and Assigns Generally. The provisions of this Agreement shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns permitted hereby, except that the Borrower may not assign or otherwise transfer any of its
rights or obligations hereunder without the prior written consent of each Lender and no Lender may
assign or otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible
Assignee in accordance with the provisions of subsection (b) of this Section, (ii) by way of
participation in accordance with the provisions of subsection (d) of this Section, or (iii) by way
of pledge or assignment of a security interest subject to the restrictions of subsection (f) or (h)
of this Section (and any other attempted assignment or transfer by any party hereto shall be null
and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any
Person (other than the parties hereto, their respective successors and assigns permitted hereby,
Participants to the extent provided in subsection (d) of this Section and, to the extent expressly
contemplated hereby, the Indemnitees) any legal or equitable right, remedy or claim under or by
reason of this Agreement.

     (b) Assignments by Lenders. Any Lender may at any time assign to one or more Eligible
Assignees all or a portion of its rights and obligations under this Agreement (including all or a
portion of its Commitment and the Loans (including for purposes of this subsection (b),
participations in Swing Line Loans) 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) or, if the Commitment is not then in effect, the principal outstanding balance
of the Loans of the assigning Lender subject to each such assignment, determined as of the
date the Assignment and Assumption with respect to such assignment is delivered to the
Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as
of the Trade Date, shall not be less than $5,000,000 unless each of the Administrative Agent
and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise
consents (each such consent not to be unreasonably withheld or delayed); provided,
however, that concurrent assignments to members of an Assignee Group and concurrent
assignments from members of an Assignee Group to a single Eligible Assignee (or to an
Eligible Assignee and members of its Assignee Group) will be treated as a single assignment
for purposes of determining whether such minimum amount has been met;

     (ii) each partial assignment shall be made as an assignment of a proportionate part of
all the assigning Lender’s rights and obligations under this Agreement with respect to the
Loans or the Commitment assigned, except that this clause (ii) shall not apply to the Swing
Line Lender’s rights and obligations in respect of Swing Line Loans;

     (iii) any assignment of a Commitment must be approved by the Administrative Agent and
the Swing Line Lender (each such consent not to be unreasonably withheld or

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delayed) unless the Person that is the proposed assignee is itself a Lender (whether or
not the proposed assignee would otherwise qualify as an Eligible Assignee); and

     (iv) the parties to each assignment shall execute and deliver to the Administrative
Agent an Assignment and Assumption (and, to the extent that any such Assignment and
Assumption is to be cleared through an electronic clearing system, the Administrative Agent
currently intends, based on circumstances existing on the date hereof, to use the ClearPar
Settlement System, to the extent practicable and consistent with then current practice),
together with a processing and recordation fee in the amount of $3,500; provided,
however, that the Administrative Agent may, in its sole discretion, elect to waive
such processing and recordation fee in the case of any assignment. The Eligible Assignee,
if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative
Questionnaire.

     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 3.01, 3.04, 3.05,
and 10.04 with respect to facts and circumstances occurring prior to the effective date of
such assignment. Upon request, the Borrower (at its expense) shall execute and deliver a Note to
the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this
Agreement that does not comply with this subsection shall be treated for purposes of this Agreement
as a sale by such Lender of a participation in such rights and obligations in accordance with
subsection (d) of this Section.

     (c) Register. The Administrative Agent, acting solely for this purpose as an agent of
the Borrower, 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 owing to, each Lender pursuant
to the terms hereof from time to time (the “Register”). The entries in the Register shall
be conclusive, and the Borrower, the Administrative Agent and the Lenders may treat each Person
whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all
purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be
available for inspection by the Borrower at any reasonable time and from time to time upon
reasonable prior notice. In addition, at any time that a request for a consent for a material or
substantive change to the Loan Documents is pending, any Lender may request and receive from the
Administrative Agent a copy of the Register.

     (d) Participations. Any Lender may at any time, without the consent of, or notice to,
the Borrower or the Administrative Agent, sell participations to any Person (other than a natural
person or the Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a
“Participant”) in all or a portion of such Lender’s rights and/or obligations under this
Agreement (including all

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or a portion of its Commitment and/or the Loans (including such Lender’s participations in
Swing Line Loans) owing to it); provided that (i) such Lender’s obligations under this
Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other
parties hereto for the performance of such obligations and (iii) the Borrower, the Administrative
Agent and the 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 described in the first proviso to
Section 10.01 that affects such Participant. Subject to subsection (e) of this Section,
the Borrower agrees that each Participant shall be entitled to the benefits of
Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and
had acquired its interest by assignment pursuant to subsection (b) of this Section. To the extent
permitted by law, each Participant also shall be entitled to the benefits of Section 10.08
as though it were a Lender, provided such Participant agrees to be subject to
Section 2.12 as though it were a Lender.

     (e) Limitations upon Participant Rights. A Participant shall not be entitled to
receive any greater payment under Section 3.01 or 3.04 than the applicable Lender
would have been entitled to receive with respect to the participation sold to such Participant,
unless the sale of the participation to such Participant is made with the Borrower’s prior written
consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to
the benefits of Section 3.01 unless the Borrower is notified of the participation sold to
such Participant and such Participant agrees, for the benefit of the Borrower, to comply with
Section 3.01(e) as though it were a Lender.

     (f) Certain Pledges. Any Lender may at any time pledge or assign a security interest
in all or any portion of its rights under this Agreement (including under its Note, if any) to
secure obligations of such Lender, including any pledge or assignment to secure obligations to a
Federal Reserve Bank; provided that no such pledge or assignment shall release such Lender
from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as
a party hereto.

     (g) Electronic Execution of Assignments. The words “execution,” “signed,”
“signature,” and words of like import in any Assignment and Assumption shall be deemed to include
electronic signatures or the keeping of records in electronic form, each of which shall be of the
same legal effect, validity or enforceability as a manually executed signature or the use of a
paper-based recordkeeping system, as the case may be, to the extent and as provided for in any
applicable law, including the Federal Electronic Signatures in Global and National Commerce Act,
the New York State Electronic Signatures and Records Act, or any other similar state laws based on
the Uniform Electronic Transactions Act.

     (h) Resignation as Swing Line Lender after Assignment. Notwithstanding anything to
the contrary contained herein, if at any time Bank of America assigns all of its Commitment and
Loans pursuant to subsection (b) above, Bank of America shall, upon 30 days’ notice to the

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Borrower and the Lenders, resign as Swing Line Lender. In the event of any such resignation
as Swing Line Lender, the Borrower shall be entitled to appoint from among the Lenders a successor
Swing Line Lender hereunder but no Lender shall be required to accept such appointment;
provided, however, that no failure by the Borrower to appoint any such successor
shall affect the resignation of Bank of America as Swing Line Lender. If Bank of America resigns
as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for
hereunder with respect to Swing Line Loans made by it and outstanding as of the Closing Date of
such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk
participations in outstanding Swing Line Loans pursuant to Section 2.03(c).

     10.07 Confidentiality. Each of the Administrative Agent and the Lenders agrees to maintain
the confidentiality of the Information (as defined below), except that Information may be disclosed
(a) to its and its Affiliates’ directors, officers, employees and agents, including accountants,
legal counsel and other advisors (it being understood that the Persons to whom such disclosure is
made will be informed of the confidential nature of such Information and will agree to keep such
Information confidential); (b) to the extent requested by any regulatory authority; (c) to the
extent required by applicable Laws or regulations or by any subpoena or similar legal process;
(d) to any other party to this Agreement; (e) in connection with the exercise of any remedies
hereunder or any suit, action or proceeding relating to this Agreement or the enforcement of rights
hereunder; (f) subject to an agreement containing provisions substantially the same as those of
this Section, to (i) any Eligible Assignee of or Participant in, or any prospective Eligible
Assignee of or Participant in, any of its rights or obligations under this Agreement or (ii) any
direct or indirect contractual counterparty or prospective counterparty (or such contractual
counterparty’s or prospective counterparty’s professional advisor) to any credit derivative
transaction relating to obligations of the Borrower; (g) with the consent of the Borrower; (h) to
the extent such Information (i) becomes publicly available other than as a result of a breach of
this Section or (ii) becomes available to the Administrative Agent or any Lender on a
nonconfidential basis from a source other than the Borrower without breach of any duty of
confidentiality known to the Administrative Agent or such Lender; or (i) to the NAIC or any other
similar organization. In addition, the Administrative Agent and the Lenders may disclose the
existence of this Agreement and information about this Agreement to market data collectors, similar
service providers to the lending industry, and service providers to the Administrative Agent and
the Lenders in connection with the administration and management of this Agreement, the other Loan
Documents, the Commitments, and the Credit Extensions.

     For purposes of this Section, “Information” means all information received from the
Borrower or any Subsidiary relating to the Borrower or any Subsidiary or any of their respective
businesses, other than any such information that is available to the Administrative Agent or any
Lender on a nonconfidential basis prior to disclosure by the Borrower or any Subsidiary. Any
Person required to maintain the confidentiality of Information as provided in this Section shall be
considered to have complied with its obligation to do so if such Person has exercised the same
degree of care to maintain the confidentiality of such Information as such Person would accord to
its own confidential information.

     Each of the Administrative Agent and the Lenders acknowledges that (a) the Information may
include material non-public information concerning the Borrower or a Subsidiary, as the case may
be, (b) it has developed compliance procedures regarding the use of material

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non-public information and (c) it will handle such material non-public information in
accordance with applicable Law, including Federal and state securities Laws.

     10.08 Right of Set-off. If an Event of Default shall have occurred and be continuing, each
Lender and each of their respective Affiliates is hereby authorized at any time and from time to
time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits
(general or special, time or demand, provisional or final, in whatever currency, but not any
deposits held in a custodial, trust or other fiduciary capacity) at any time held and other
obligations (in whatever currency) at any time owing by such Lender or any such Affiliate to or for
the credit or the account of the Borrower against any and all of the obligations of the Borrower
now or hereafter existing under this Agreement or any other Loan Document to such Lender,
irrespective of whether or not such Lender shall have made any demand under this Agreement or any
other Loan Document and although such obligations of the Borrower may be contingent or unmatured or
are owed to a branch or office of such Lender different from the branch or office holding such
deposit or obligated on such indebtedness. The rights of each Lender and their respective
Affiliates under this Section are in addition to other rights and remedies (including other rights
of setoff) that such Lender or its Affiliates may have. Each Lender agrees to notify the Borrower
and the Administrative Agent promptly after any such setoff and application, provided that
the failure to give such notice shall not affect the validity of such setoff and application.

     10.09 Interest Rate Limitation. Notwithstanding anything to the contrary contained in any
Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the
maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If
the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum
Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such
unpaid principal, refunded to the Borrower. In determining whether the interest contracted for,
charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person
may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal
as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the
effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the
total amount of interest throughout the contemplated term of the Obligations hereunder.

     10.10 Counterparts; Integration; Effectiveness. This Agreement may be executed in
counterparts (and by different parties hereto in different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a single contract.
This Agreement and the other Loan Documents constitute the entire contract among the parties
relating to the subject matter hereof and supersede any and all previous agreements and
understandings, oral or written, relating to the subject matter hereof. Except as provided in
Section 4.01, this Agreement shall become effective when it shall have been executed by the
Administrative Agent and when the Administrative Agent shall have received counterparts hereof
that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an
executed counterpart of a signature page of this Agreement by telecopy shall be effective as
delivery of a manually executed counterpart of this Agreement.

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     10.11 Survival of Representations and Warranties. All representations and warranties made
hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto or
in connection herewith or therewith shall survive the execution and delivery hereof and thereof.
Such representations and warranties have been or will be relied upon by the Administrative Agent
and each Lender, regardless of any investigation made by the Administrative Agent or any Lender or
on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice
or knowledge of any Default at the time of any Credit Extension, and shall continue in full force
and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or
unsatisfied.

     10.12 Severability. If any provision of this Agreement or the other Loan Documents is held to
be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the
remaining provisions of this Agreement and the other Loan Documents shall not be affected or
impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the
illegal, invalid or unenforceable provisions with valid provisions the economic effect of which
comes as close as possible to that of the illegal, invalid or unenforceable provisions. The
invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction.

     10.13 Replacement of Lenders. If any Lender requests compensation under Section 3.02
or Section 3.04, or if the Borrower is required to pay any additional amount to any Lender
or any Governmental Authority for the account of any Lender pursuant to Section 3.01, or if
any Lender is a Defaulting Lender, or if any Lender is a Minority Lender or a Blocking Lender, then
the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative
Agent (and with respect to the replacement of a Minority Lender or a Blocking Lender, upon
obtaining consent of the Required Lenders), require such Lender to assign and delegate, without
recourse (in accordance with and subject to the restrictions contained in, and consents required
by, Section 10.06), all of its interests, rights and obligations under this Agreement and
the related Loan Documents to an assignee that shall assume such obligations (which assignee may be
another Lender, if a Lender accepts such assignment), provided that:

     (a) the Borrower shall have paid to the Administrative Agent the assignment fee specified in
Section 10.06(b);

     (b) such Lender shall have received payment of an amount equal to the outstanding principal of
its Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and
under the other Loan Documents (including any amounts under Section 3.05) from the assignee
(to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the
case of all other amounts);

     (c) in the case of any such assignment resulting from a claim for compensation under
Section 3.02 or Section 3.04 or payments required to be made pursuant to
Section 3.01, such assignment will result in a reduction in such compensation or payments
thereafter; and

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

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     10.14 Governing Law.

     (a) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAW OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED ENTIRELY
WITHIN SUCH STATE; PROVIDED THAT THE ADMINISTRATIVE AGENT AND EACH LENDER SHALL RETAIN ALL
RIGHTS ARISING UNDER FEDERAL LAW. THIS AGREEMENT HAS BEEN ENTERED INTO PURSUANT TO SECTION 5-1401
OF THE NEW YORK GENERAL OBLIGATIONS LAW.

     (b) SUBMISSION TO JURISDICTION. THE BORROWER IRREVOCABLY AND UNCONDITIONALLY SUBMITS,
FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW
YORK SITTING IN NEW YORK CITY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF
SUCH STATE AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR
RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY
JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN
RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT
OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES
HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE
ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW.
NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE
ADMINISTRATIVE AGENT OR ANY LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO
THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE BORROWER OR ITS PROPERTIES IN THE COURTS OF
ANY JURISDICTION.

     (c) WAIVER OF VENUE. THE BORROWER IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE
LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY
OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (b) OF THIS SECTION. EACH OF THE PARTIES
HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF
AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.

     (d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS
IN THE MANNER PROVIDED FOR NOTICES IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT
THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

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     10.15 Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL
PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN
DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY
OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE
EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE
OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS
BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

     10.16 Termination of Existing Credit Agreement. Each Lender that is also a lender party to
the Existing Credit Agreement hereby waives any requirement pursuant to (a) Section 2.04(a) of the
Existing Credit Agreement that three Business Days notice be given of a voluntary prepayment, and
(b) Section 2.05 of the Existing Credit Agreement that five Business Days notice be given of a
termination of the Aggregate Commitments (as defined therein), provided that such
prepayment is made and such termination is effected on the Closing Date.

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

     10.18 Entire Agreement. This Agreement and the other Loan Documents embodies the entire
agreement and understanding among the Borrower, the 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 thereof, except that the Fee Letter shall
survive the execution and delivery of this Agreement and the Closing Date. In the event of any
conflict between the provisions of this Agreement and those of any other Loan Document, the
provisions of this Agreement shall control, provided the inclusion of supplemental rights
or remedies in favor of the Administrative Agent, the Arrangers or any Lender in any other Loan
Document shall not be deemed a conflict with this Agreement.

REMAINDER OF PAGE LEFT INTENTIONALLY BLANK

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

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SCHEDULE 2.01

COMMITMENTS AND PARTICIPATION PERCENTAGES

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Tranche 1	 	Tranche 2
	 	 	 	 	 	 	Participation	 	Participation	 	Participation
	Lender	 	Commitment	 	Percentage	 	Percentage	 	Percentage
	Bank of America, National Association
	 	$	75,000,000.00	 	 	 	9.090909091	%	 	 	0.000000000	%	 	 	9.852216749	%
	U.S. Bank, National Association
	 	$	71,250,000.00	 	 	 	8.636363636	%	 	 	0.000000000	%	 	 	9.359605911	%
	Wells Fargo Bank, National Association
	 	$	56,250,000.00	 	 	 	6.818181818	%	 	 	0.000000000	%	 	 	7.389162561	%
	Wachovia Bank, National Association
	 	$	56,250,000.00	 	 	 	6.818181818	%	 	 	0.000000000	%	 	 	7.389162561	%
	Citibank, N.A.
	 	$	46,875,000.00	 	 	 	5.681818182	%	 	 	0.000000000	%	 	 	6.157635468	%
	Comerica Bank
	 	$	46,875,000.00	 	 	 	5.681818182	%	 	 	0.000000000	%	 	 	6.157635468	%
	SunTrust Bank
	 	$	46,875,000.00	 	 	 	5.681818182	%	 	 	0.000000000	%	 	 	6.157635468	%
	Union Bank of California, N.A.
	 	$	46,875,000.00	 	 	 	5.681818182	%	 	 	0.000000000	%	 	 	6.157635468	%
	RBS Citizens, National Association
	 	$	37,500,000.00	 	 	 	4.545454545	%	 	 	0.000000000	%	 	 	4.926108374	%
	Fifth Third Bank
	 	$	37,500,000.00	 	 	 	4.545454545	%	 	 	0.000000000	%	 	 	4.926108374	%
	JPMorgan Chase Bank, N.A.
	 	$	33,750,000.00	 	 	 	4.090909091	%	 	 	0.000000000	%	 	 	4.433497537	%
	Bank of the West
	 	$	30,000,000.00	 	 	 	3.636363636	%	 	 	0.000000000	%	 	 	3.940886700	%
	BMO Capital Markets Financing, Inc.
	 	$	30,000,000.00	 	 	 	3.636363636	%	 	 	0.000000000	%	 	 	3.940886700	%
	KeyBank National Association
	 	$	30,000,000.00	 	 	 	3.636363636	%	 	 	0.000000000	%	 	 	3.940886700	%
	Sumitomo Mitsui Banking Corporation,
New York
	 	$	30,000,000.00	 	 	 	3.636363636	%	 	 	47.058823528	%	 	 	0.000000000	%

 Schedule 2.01 — Commitments and Participation Percentages

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Tranche 1	 	Tranche 2
	 	 	 	 	 	 	Participation	 	Participation	 	Participation
	Lender	 	Commitment	 	Percentage	 	Percentage	 	Percentage
	Mizuho Corporate Bank, Ltd.
	 	$	26,250,000.00	 	 	 	3.181818182	%	 	 	41.176470588	%	 	 	0.000000000	%
	PNC Bank, N.A.
	 	$	26,250,000.00	 	 	 	3.181818182	%	 	 	0.000000000	%	 	 	3.448275862	%
	Chang Hwa Commercial Bank, Ltd., New
York Branch
	 	$	18,750,000.00	 	 	 	2.272727273	%	 	 	0.000000000	%	 	 	2.463054187	%
	Compass Bank
	 	$	18,750,000.00	 	 	 	2.272727273	%	 	 	0.000000000	%	 	 	2.463054187	%
	Capital One, N.A.
	 	$	15,000,000.00	 	 	 	1.818181818	%	 	 	0.000000000	%	 	 	1.970443350	%
	First Commercial Bank (Taiwan)
	 	$	15,000,000.00	 	 	 	1.818181818	%	 	 	0.000000000	%	 	 	1.970443350	%
	Bank of Hawaii
	 	$	7,500,000.00	 	 	 	0.909090910	%	 	 	0.000000000	%	 	 	0.985221675	%
	Bank of Texas, N.A.
	 	$	7,500,000.00	 	 	 	0.909090910	%	 	 	0.000000000	%	 	 	0.985221675	%
	Cole Taylor Bank
	 	$	7,500,000.00	 	 	 	0.909090910	%	 	 	11.764705882	%	 	 	0.000000000	%
	Hua Nan Commercial Bank Ltd. New York
Agency
	 	$	7,500,000.00	 	 	 	0.909090910	%	 	 	0.000000000	%	 	 	0.985221675	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Total
	 	$	825,000,000.00	 	 	 	100.000000000	%	 	 	100.000000000	%	 	 	100.000000000	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 

Schedule 2.01 — Commitments and Participation Percentages

 

 

EXHIBIT A

FORM OF REVOLVING LOAN NOTICE

Date:                     , ________

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

Ladies and Gentlemen:

     Reference is made to that certain Credit Agreement, dated as of October 17, 2005 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined), among
Fidelity National Financial, Inc., a Delaware corporation (the “Borrower”), the Lenders
from time to time party thereto, and Bank of America, N.A., as Administrative Agent and Swing Line
Lender.

     The undersigned hereby requests (select one):

	 	o	 	A Borrowing of Revolving Loans
	 
	 	o	 	A conversion or continuation of Revolving Loans

	 	1.	 	On                                                             (a Business Day).
	 
	 	2.	 	In the amount of $                                        .
	 
	 	3.	 	Comprised of                                         .

[Type of Revolving Loan requested]
	 
	 	4.	 	For Eurodollar Rate Loans: with an Interest Period of                      months.
	 
	 	5.	 	Class(es) of Revolving Loan:                                        

[Note – Prior to the Tranche 1 Maturity Date, each Borrowing, conversion or
continuation of Revolving Loans shall be ratable among the Tranche 1 Commitments and
the Tranche 2 Commitments.]

     The Revolving Borrowing, if any, requested herein complies with the provisos to the first
sentence of Section 2.01 of the Agreement.

	 	 	 	 	 	 	 	 	 
	 	 	FIDELITY NATIONAL FINANCIAL, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 	 	 

Exhibit A — Form of Revolving Loan Notice

 

 

SCHEDULE 7.04

Outstanding Indebtedness — December 31, 2009

	 	 	 	 	 
	Unsecured notes, net of discount, interest payable
semiannually at 5.25%, due March, 2013
	 	$	245,212,000	 
	Unsecured notes, net of discount, interest payable
semiannually at 7.30%, due August, 2011
	 	$	165,451,000	 
	Other promissory notes with various interest rates and
maturities
	 	$	1,215,000	 
	 
	 	 	 
	 
	 	 	 	 
	Total
	 	$	411,878,000	*
	 
	 	 	 

 

			
	*	 	LFG $50,000,000 subordinated note was paid in-full on March 1, 2010; outstanding balance was
$50,000,000 on December 31, 2009.

Schedule 7.04

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