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Exhibit 10.5    
    

 
 

SECURITY AGREEMENT    
    

        This SECURITY AGREEMENT, dated as of May 10, 2004 (together with all amendments, if any, from time to time hereto, this "Security
Agreement"), among Coffeyville Resources, LLC, a Delaware limited liability company, Coffeyville Resources Nitrogen Fertilizers, LLC, a Delaware limited liability company,
Coffeyville Resources Refining & Marketing, LLC, a Delaware limited liability company, Coffeyville Resources Crude Transportation, LLC, a Delaware limited liability company and Coffeyville
Resources Terminal, LLC, a Delaware limited liability company (together, "Borrowers") Coffeyville Pipeline, Inc., a Delaware corporation,
Coffeyville Refining & Marketing, Inc., a Delaware corporation, Coffeyville Nitrogen Fertilizers, Inc., a Delaware corporation, Coffeyville Crude Transportation, Inc., a
Delaware corporation, Coffeyville Terminal, Inc., a Delaware corporation, Coffeyville Resources Management, Inc., a Delaware corporation, Coffeyville Group Holdings, LLC, a Delaware
limited liability company and Coffeyville Resources Pipeline, LLC, a Delaware limited liability company (together, "Guarantors") (Borrowers and
Guarantors are sometimes collectively referred to herein as "Grantors" and individually as a "Grantor"),
Congress Financial Corporation (Southwest), in its capacity as administrative agent for the Revolver Secured Parties (as defined in the Credit Agreement referred below) (together with its successors
and assigns, the "Administrative Agent") and Credit Suisse First Boston, acting through its Cayman Islands Branch, in its capacity as administrative
agent for the Term Secured Parties (as defined in the Credit Agreement) (together with its successors and assigns, the "Term Agent," together with the
Administrative Agent are referred to collectively as the "Agents"). 

W I T N E S S T H:  

        WHEREAS, pursuant to that certain Credit Agreement, dated as May 10, 2004, by and among COFFEYVILLE RESOURCES, LLC, a Delaware limited liability company,
COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC, a Delaware limited liability company, COFFEYVILLE RESOURCES REFINING & MARKETING, LLC, a Delaware limited liability company, COFFEYVILLE
RESOURCES CRUDE TRANSPORTATION, LLC, a Delaware limited liability company and COFFEYVILLE RESOURCES TERMINAL, LLC, a Delaware limited liability company (the
"Borrowers"), the financial institutions from time to time parties thereto (such financial institutions, together with their respective successors and
assigns, are referred to hereinafter each individually as a "Lender" and collectively as the "Lenders"),
CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch, as Sole Bookrunner, Sole Lead Arranger, Syndication Agent and Documentation Agent (in each such respective capacity, the
"Arranger", "Documentation Agent"
and "Syndication Agent") and Term Agent, and CONGRESS FINANCIAL CORPORATION (SOUTHWEST) as Administrative Agent and Lender, the Pledgors and the other
"Credit Parties" named therein (as amended, restated or otherwise modified from time to time, the "Credit Agreement"), the Lenders have agreed to make
Loans to and provide other financial accommodations for the benefit of the Borrowers; 

        WHEREAS,
the Grantors have executed that certain Guaranty dated as of the date hereof in favor of the Administrative Agent pursuant to which such Grantors have agreed to guarantee all
the "Revolving Obligations" (as defined in the Credit Agreement) and that certain Guaranty dated as of the date hereof in favor of the Term Agent pursuant to which such Grantors have agreed to
guarantee all the "Term Obligations" (as defined in the Credit Agreement) (each Guaranty, as from time to time reaffirmed, amended, restated, supplemented or otherwise modified, the
"Guarantees"); 

        WHEREAS,
subject to the terms and conditions of the Credit Agreement, certain Grantors may enter into one or more Hedging Contract (as defined in the Credit Agreement) with one or more
Eligible Hedge Counterparties (as defined in the Credit Agreement); 

        WHEREAS,
in order to induce Agents and Lenders and Eligible Hedge Counterparties to enter into the Credit Agreement, the other Loan Documents and the Hedging Contracts and to induce
Lenders to make the Loans and to incur Letter of Credit Obligations as provided for in the Credit 

 

Agreement,
Grantors have agreed to grant a continuing Lien on the Collateral (as hereinafter defined) to secure the Obligations; 

        NOW,
THEREFORE, in consideration of the premises and mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows: 

        1.    DEFINED TERMS.    

        (a)   All
capitalized terms used but not otherwise defined herein have the meanings given to them in Section 1 of the
Credit Agreement. All other terms contained in this Security Agreement, unless the
context indicates otherwise, have the meanings provided for by the Code to the extent the same are used or defined therein. 

        (b)   "Uniform
Commercial Code jurisdiction" means any jurisdiction that has adopted all or substantially all of Article 9 as contained in the 2000 Official Text of the
Uniform Commercial Code, as recommended by the National Conference of Commissioners on Uniform State Laws and the American Law Institute, together with any subsequent amendments or modifications to
the Official Text. 

        2.    GRANT OF LIEN.    

        (a)   To
secure the prompt and complete payment, performance and observance of all of the Revolving Obligations (specifically including, without limitation, each Borrower's
Obligations arising under the cross-guaranty provisions of Section 13 of the Credit Agreement and each Guarantor's Obligations arising under the Guarantees), each Grantor hereby grants,
assigns, conveys, mortgages, pledges, hypothecates and transfers to Administrative Agent, for the benefit of Revolver Secured Parties, a Lien upon all of its right, title and interest in, to and under
all personal property and other assets, whether now owned by or owing to, or hereafter acquired by or arising in favor of such Grantor (including under any trade names, styles or derivations thereof),
and whether owned or consigned by or to, or leased from or to, such Grantor, and regardless of where located (all of which being hereinafter collectively referred to as the
"Collateral"), including: 

        (i)    all
Accounts; 

        (ii)   all
Chattel Paper; 

        (iii)  all
Documents; 

        (iv)  all
General Intangibles (including Payment Intangibles and Software); 

        (v)   all
Goods (including Inventory, Equipment and Fixtures); 

        (vi)  all
Instruments; 

        (vii) all
Investment Property; 

        (viii) all
Deposit Accounts, of any Grantor, including all Blocked Accounts, Concentration Accounts, Disbursement Accounts, and all other bank accounts and all deposits
therein; 

        (ix)  all
money, cash or cash equivalents of any Grantor; 

        (x)   all
Supporting Obligations and Letter-of-Credit Rights of any Grantor; and 

        (xi)  to
the extent not otherwise included, all Proceeds, Commercial Tort Claims, other tort claims, insurance claims and other rights to payments not otherwise included in
the foregoing and products of the foregoing and all accessions to, substitutions and replacements for, and rents and profits of, each of the foregoing. 

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        (b)   To
secure the prompt and complete payment, performance and observance of all of the Term Obligations (specifically including, without limitation, each Guarantor's
Obligations arising under the Guarantees), each Grantor hereby grants, assigns, conveys, mortgages, pledges, hypothecates and transfers to Term Agent, for the benefit of Term Secured Parties, a Lien
upon all of its right, title and interest in, to and under all Collateral. 

        (c)   In
addition, to secure the prompt and complete payment, performance and observance of the Obligations and in order to induce Administrative Agent, Term Agent, Revolver
Secured Parties and Term Secured Parties as aforesaid, each Grantor hereby grants to Administrative Agent, for the benefit of Revolver Secured Parties, and hereby grants to Term Agent, for the benefit
of Term Secured Parties, a right of setoff against the property of such Grantor held by Administrative Agent or Revolver Secured Parties, or Term Agent or Term Secured Party, as the case may be,
consisting of property described above in Section 2(a) or Section 2(b) now or hereafter in
the possession or custody of or in transit to Administrative Agent or any Revolver Secured Party, or Term Agent or any Term Secured Party, as the case may be, for any purpose, including safekeeping,
collection or pledge, for the account of such Grantor, or as to which such Grantor may have any right or power. 

        (d)   Notwithstanding
the foregoing, any cash distributions permitted by the Credit Agreement shall automatically be released from the security interest granted to the
Administrative Agent pursuant to Section 2(a) above and the security interest granted to the Term Agent pursuant to Section 2(b) above, in each case without delivery of any instrument or
performance of any further act by any Person. 

        (e)   The
security interest granted to the Administrative Agent pursuant to Section 2(a) above in any Collateral that does not constitute Revolver Primary Collateral
shall be subject and subordinate to the intercreditor and subordination provisions of Annex C to the Credit Agreement. The security interest granted to the Term Agent pursuant to Section 2(b)
above in any Collateral that constitutes Revolver Primary Collateral shall be subject and subordinate to the intercreditor and subordination provisions of Annex C to the Credit Agreement. 

        3.    AGENT'S AND SECURED PARTIES' RIGHTS: LIMITATIONS ON AGENT'S AND SECURED PARTIES' OBLIGATIONS.    

        (a)   It
is expressly agreed by Grantors that, anything herein to the contrary notwithstanding, each Grantor shall remain liable under each of its Contracts and each of its
Licenses to observe and perform all the conditions and obligations to be observed and performed by it thereunder. Neither of the Agents nor any Secured Party shall have any obligation or liability
under any Contract or License by reason of or arising out of this Security Agreement or the granting herein of a Lien thereon or the receipt by either Agent or any Secured Party of any payment
relating to any Contract or License pursuant hereto. Neither of the Agents nor any Secured Party shall be required or obligated in any manner to perform or fulfill any of the obligations of any
Grantor under or pursuant to any Contract or License, or to make any payment, or to make any inquiry as to the nature or the sufficiency of any payment received by it or the sufficiency of any
performance by any party under any Contract or License, or to present or file any claims, or to take any action to collect or enforce any performance or the payment of any amounts which may have been
assigned to it or to which it may be entitled at any time or times. 

        (b)   In
accordance with Annex C to the Credit Agreement, either Agent may at any time after an Event of Default has occurred and is continuing without prior notice to any
Grantor, notify Account Debtors and other Persons obligated on the Collateral that such Agent has a security interest therein, and that payments shall be made directly to such Agent. Furthermore, if
either Agent determines that Account Debtors' contra-accounts or set-off rights may cause Borrowing Availability to be less than zero, in accordance with Annex C to the Credit Agreement,
either 

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Agent
may notify Account Debtors that such Agent has a security interest therein, and that payments shall be made directly to such Agent. Upon the request of either Agent, each Grantor shall so notify
Account Debtors and other Persons obligated on Collateral. Once any such notice has been given to any Account Debtor or other Person obligated on the Collateral, the affected Grantor shall not give
any contrary instructions to such Account Debtor or other Person without either Agent's prior written consent. 

        (c)   In
accordance with Annex C to the Credit Agreement, either Agent may at any time in such Agent's own name, in the name of a nominee of such Agent or in the name of any
Grantor communicate (by mail, telephone, facsimile or otherwise) with Account Debtors, parties to Contracts and obligors in
respect of Instruments to verify with such Persons, to such Agent's satisfaction, the existence, amount terms of, and any other matter relating to, Accounts, Instruments, Chattel Paper and/or Payment
Intangibles. If an Event of Default shall have occurred and be continuing, each Grantor, at its own expense, shall cause the independent certified public accountants then engaged by such Grantor to
prepare and deliver to such Agent and each respective Secured Party at any time and from time to time promptly upon either Agent's request the following reports with respect to each Grantor:
(i) a reconciliation of all Accounts; (ii) an aging of all Accounts; (iii) trial balances; and (iv) a test verification of such Accounts as such Agent may request. Each
Grantor, at its own expense, shall deliver to the applicable Agent the results of each physical verification, if any, which such Grantor may in its discretion have made, or caused any other Person to
have made on its behalf, of all or any portion of its Inventory. 

        4.    REPRESENTATIONS AND WARRANTIES.    Each Grantor represents and warrants that: 

        (a)   Each
Grantor has rights in and the power to transfer each item of the Collateral upon which it purports to grant a Lien hereunder free and clear of any and all Liens
other than Permitted Encumbrances. 

        (b)   No
effective security agreement, financing statement, equivalent security or Lien instrument or continuation statement covering all or any part of the Collateral is on
file or of record in any public office, except such as may have been filed (i) by any Grantor in favor of each Agent pursuant to this Security Agreement or the other Loan Documents, and
(ii) in connection with any other Permitted Encumbrances. 

        (c)   This
Security Agreement is effective to create a valid and continuing Lien on and, upon the filing of the appropriate financing statements listed on  Schedule I hereto, a perfected Lien in favor of
Administrative Agent, for the benefit of Revolver Secured Parties and a perfected Lien in favor
of the Term Agent, for the benefit of Term Secured Parties, in each case on the Collateral with respect to which a Lien may be perfected by filing pursuant to the Code. Each such Lien is prior to all
other Liens, subject in the case of priority only to (1) Permitted Encumbrances, (2) in the case of the Lien granted to Term Agent in Revolver Primary Collateral, the Lien in favor of
Administrative Agent, and (3) in the case of the Lien granted to Administrative Agent in all other Collateral other than Revolver Primary Collateral, the Lien in favor of Term Agent. Each such
Lien is enforceable as such as against any and all creditors of and purchasers from any Grantor (other than purchasers and lessees of Inventory in the ordinary course of business). All action by any
Grantor necessary or desirable to protect and perfect each such Lien on each item of the Collateral has been duly taken. 

        (d)   Schedule II hereto lists all Investment Property, Instruments, Letter of Credit Rights and Chattel Paper of each
Grantor. All action by any Grantor necessary or desirable to protect and perfect the Lien of Administrative Agent and the Lien of Term Agent on each item set forth on  Schedule II (including the
delivery of all originals thereof to the applicable Agent in accordance with Annex C to the Credit Agreement and the
legending of all Chattel Paper as required by Section 5(b) hereof) has been duly taken. The Lien of Administrative Agent, for the benefit of 

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Revolver
Secured Parties, and the lien of Term Agent, for the benefit of Term Secured Parties, on the Collateral listed on Schedule II hereto is
each prior to all other Liens, subject in the case of priority only to (1) Permitted Encumbrances, (2) in the case of the Lien granted to Term Agent in Revolver Primary Collateral, the
Lien in favor of Administrative Agent, and (3) in the case of the Lien granted to Administrative Agent in all Collateral listed on  Schedule II hereto other than Revolver Primary Collateral,
the Lien in favor of Term Agent. Each such Lien is enforceable as such against any and
all creditors of and purchasers from any Grantor. 

        (e)   Each
Grantor's name as it appears in official filings in the state of its incorporation or other organization, the type of entity of each Grantor (including corporation,
partnership, limited partnership or limited liability company), organizational identification number issued by each Grantor's state of incorporation or organization or a statement that no such number
has been issued, each Grantor's state of organization or incorporation, the location of each Grantor's chief executive office, principal place of business, offices, all warehouses and premises where
Collateral is stored or located, and the locations of its books and records concerning the Collateral are set forth on Schedule III hereto. Each
Grantor has only one state of incorporation or organization. 

        (f)    With
respect to the Accounts described on the most recent Collateral Report, except as specifically disclosed in the most recent Collateral Report delivered to the
Agents (i) they represent bona fide sales of Inventory or rendering of services to Account Debtors in the ordinary course of each Grantor's business and are not evidenced by a judgment,
Instrument or Chattel Paper; (ii) there are no setoffs, claims or disputes existing or asserted with respect thereto and no Grantor has made any agreement with any Account Debtor for any
extension of time for the payment thereof, any compromise or settlement for less than the full amount thereof, any release of any Account Debtor from liability therefor, or any deduction therefrom
except a discount or allowance allowed by such Grantor in the ordinary course of its business for prompt payment and disclosed to each Agent; (iii) to each Grantor's knowledge, there are no
facts, events or occurrences which in any way impair the validity or enforceability thereof or could reasonably be expected to reduce the amount payable thereunder as shown on any Grantor's books and
records and any invoices, statements and Collateral Reports delivered to the Agents and Secured Parties with respect thereto; (iv) no Grantor has received any notice of proceedings or actions
which are threatened or pending against any Account Debtor which might result in any adverse change in such Account Debtor's financial condition; and (v) no Grantor has knowledge that any
Account Debtor is unable generally to pay its debts as they become due. Further with respect to the Accounts (x) the amounts shown on all invoices, statements and Collateral Reports which may
be delivered to the Agents with respect thereto are actually and absolutely owing to such Grantor as indicated thereon and are not in any way contingent; (y) no payments have been or shall be
made thereon except payments immediately delivered to the applicable Blocked Accounts or the applicable Agent as required pursuant to the terms of  Section 2.6 to the Credit Agreement; and
(z) to each Grantor's knowledge, all Account Debtors have the capacity to contract. 

        (g)   With
respect to any Inventory scheduled or listed on the most recent Collateral Report delivered to Agents pursuant to the terms of this Security Agreement or the Credit
Agreement, (i) such Inventory is located at one of the applicable Grantor's locations set forth on Schedule III hereto, (ii) other
than Eligible In-Transit Inventory and Eligible Storage Inventory, no Inventory is now, or shall at any time or times hereafter be stored at any other location without Administrative
Agent's prior consent, and if Administrative Agent gives such consent, each applicable Grantor will concurrently therewith obtain, to the extent required by the Credit Agreement, bailee, landlord and
mortgagee agreements, (iii) the applicable Grantor has good, indefeasible and merchantable title to such Inventory and such Inventory is not subject to any Lien or security interest or document
whatsoever except for the separate Liens granted to each Agent and except for Permitted Encumbrances, (iv) except as specifically disclosed in the most recent Collateral Report 

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delivered
to Administrative Agent, such Inventory is Eligible Inventory of good and merchantable quality, free from any defects, (v) such Inventory is not subject to any licensing, patent,
royalty, trademark, trade name or copyright agreements with any third parties which would require any consent of any third party upon sale or disposition of that Inventory or the payment of any monies
to any third party upon such sale or other disposition, and (vi) the completion of manufacture, sale or other disposition of such Inventory by either Agent following an Event of Default shall
not require the consent of any Person and shall not constitute a breach or default under any contract or agreement to which any Grantor is a party or to which such property is subject. 

        (h)   No
Grantor has any interest in, or title to, any Patent, Trademark or Copyright except as set forth in Schedule IV
hereto. This Security Agreement is effective to create a valid and continuing Lien on and, upon filing of the Copyright Security Agreements with the United States Copyright Office and filing of the
Patent Security Agreements and the Trademark Security Agreements with the United State Patent and Trademark Office, perfected Liens in favor of Administrative Agent and Liens in favor of Term Agent on
each Grantor' s Patents, Trademarks and Copyrights and such perfected Liens are enforceable as such as against any and all creditors of and purchasers from any Grantor. Upon filing of the Copyright
Security Agreements with the United States Copyright Office and filing of the Patent Security Agreements and the Trademark Security Agreements with the United State Patent and Trademark Office and the
filing of appropriate financing statements listed on Schedule I hereto, all action necessary or desirable to protect and perfect each of
Administrative Agent's Lien and Term Agent's Lien on each Grantor's Patents, Trademarks or Copyrights shall have been duly taken. 

        (i)    All
motor vehicles owned by each Grantor are listed on Schedule V hereto, by model, model year and vehicle identification number
("VIN"). Pursuant to Section 6.15 of the Credit Agreement, each Grantor shall deliver to Administrative Agent or Term Agent, as applicable in
accordance with Annex C to the Credit Agreement, a motor vehicle certificate of title for all motor vehicles from time to time owned by it and shall cause those title certificates to be filed (with
the applicable Agents' liens noted thereon) in the appropriate state motor vehicle filing office. 

        (j)    No
Grantor is party to any Commercial Tort Claim except as disclosed in writing to Agents from time to time after the date hereof in accordance with
Section 5(a)(ix) hereof. 

        (k)   Schedule VI hereto lists all Deposit Accounts (including all Blocked Accounts, Concentration Accounts and
Disbursement Accounts) of each Grantor. All action by any Grantor necessary or desirable to protect and perfect each of the Lien of Administrative Agent and the Lien of Term Agent on each such Deposit
Account (including establishing each of Administrative Agent's and Term Agent's "control" (within the meaning of 9-104 of the Uniform Commercial Code of the relevant state) with respect to
such Deposit Account) has been duly taken; provided, that, except as otherwise set forth in the Credit Agreement, each of Administrative Agent and Term
Agent hereby agrees that it shall not issue any instructions directing disposition of funds in any such Deposit Account or otherwise exercise "control" (within the meaning of 9-104 of the
Uniform Commercial Code of the relevant state) of any such Deposit Account until after and during the continuance of an Event of Default. Each of the Lien of Administrative Agent, for the benefit of
the Revolver Secured Parties, and the Lien of Term Agent, for the benefit of Term Secured Parties, on the Collateral listed on Schedule III
hereto is prior to all other Liens, subject in the case of priority only to (1) Permitted Encumbrances, (2) in the case of the Lien granted to Term Agent in Revolver Primary Collateral,
the Lien in favor of Administrative Agent, and (3) in the case of the Lien granted to Administrative Agent in all Collateral listed on  Schedule III hereto other than Revolver Primary
Collateral, the Lien in favor of Term Agent. Each such Lien is enforceable as such against any
and all creditors of and purchasers from any Grantor. 

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        5.    COVENANTS.    Each Grantor covenants and agrees with each Agent, for the benefit of the respective Secured
Parties, that from and after the date of this Security Agreement and until the Termination Date: 

        (a)    Further Assurances: Pledge of Instruments; Chattel Paper.    

        (i)    At
any time and from time to time, upon the written request of either Agent and at the sole expense of Grantors, each Grantor shall promptly and duly execute and deliver
any and all such further instruments and documents and take such further actions as such Agent may deem desirable to obtain the full benefits of this Security Agreement and of the rights and powers
herein granted, including (A) using its best efforts to secure all consents and approvals necessary or appropriate for the assignment to or for the benefit of such Agent of any License or
Contract held by such Grantor and to enforce the security interests granted hereunder; and (B) filing any financing or continuation statements under the Code with respect to the Liens granted
hereunder or under any other Loan Document as to those jurisdictions that are not Uniform Commercial Code jurisdictions. 

        (ii)   Unless
such Agent shall otherwise consent in writing (which consent may be revoked), each Grantor shall, in accordance with Annex A to the Credit Agreement, deliver to
Administrative Agent or Term Agent, as applicable, all Collateral consisting of negotiable Documents, certificated securities, Chattel Paper and Instruments (in each case, accompanied by stock powers,
allonges or other instruments of transfer executed in blank) promptly after such Credit Party receives the same. 

        (iii)  Each
Grantor shall, in accordance with the terms of the Credit Agreement, obtain or use its best efforts to obtain waivers or subordinations of Liens from landlords
and mortgagees, and each Credit Party shall in all instances obtain signed acknowledgements of Agents' Liens from bailees having possession of any Grantor's Goods that they hold for the benefit of the
Agents. 

        (iv)  If
required by the terms of the Credit Agreement and not waived by Agents in writing (which waiver may be revoked), each Grantor shall obtain an executed agreement from
each issuer of uncertificated securities, securities intermediary, or commodities intermediary issuing or holding any financial assets or commodities to or for any Grantor, in form and substance
reasonably satisfactory to each Agent, establishing each of the Administrative Agent's and Term Agent's "control" (within the meaning of Section 8-106 or 9-106 of the
Uniform Commercial Code of the relevant state) with respect to such uncertificated Security, Securities Account, Securities Entitlement, Commodity Contract or Commodity Account. 

        (v)   In
accordance with Section 2.6 of the Credit Agreement, each Grantor shall obtain a blocked account, lockbox or
similar agreement with each bank or financial institution holding a Deposit Account for such Grantor, in form and substance reasonably satisfactory to each Agent, establishing each of the
Administrative Agent's and Term Agent's "control" (within the meaning of Section 9-104 of the Uniform Commercial Code of the relevant state) with respect to such Deposit Account. 

        (vi)  Each
Grantor that is or becomes the beneficiary of a letter of credit shall promptly, and in any event within two (2) Business Days after becoming a beneficiary,
notify the Agents thereof and promptly thereafter enter into a multi-party agreement with Agents and the issuer and/or confirmation bank with respect to Letter-of-Credit Rights
assigning such Letter-of-Credit Rights to Agents and directing all payments thereunder to the Collection Account, all in form and substance reasonably satisfactory to Agents. 

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        (vii) Each
Grantor shall take all steps necessary to grant the Administrative Agent or Term Agent, as applicable in accordance with Annex C to the Credit Agreement, control
of all electronic chattel paper in accordance with the Code and all "transferable records" as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and
National Commerce Act. 

        (viii) Each
Grantor hereby irrevocably authorizes each Agent at any time and from time to time to file in any filing office in any Uniform Commercial Code jurisdiction any
initial financing statements and amendments thereto that (a) indicate the Collateral (i) as all assets of such Grantor or words of similar effect, regardless of whether any particular
asset comprised in the Collateral falls within the scope of Article 9 of the Code or such jurisdiction, or (ii) as being of an equal or lesser scope or with greater detail, and
(b) contain any other information required by part 5 of Article 9 of the Code for the sufficiency or filing office acceptance of any financing statement or amendment, including
(i) whether such Grantor is an organization, the type of organization and any organization identification number issued to such Grantor, and (ii) in the case of a financing statement
filed as a fixture filing or indicating Collateral as as-extracted collateral or timber to be cut, a sufficient description of real property to which the Collateral relates. Each Grantor
agrees to furnish any such information to the Agents promptly upon request. Each Grantor also ratifies its authorization for each Agent to have filed in any Uniform Commercial Code jurisdiction any
initial financing statements or amendments thereto if filed prior to the date hereof. 

        (ix)  Each
Grantor shall promptly, and in any event within two (2) Business Days after the same is acquired by it, notify each Agent of any Commercial Tort Claim
acquired by it and unless otherwise consented by Agents, such Grantor shall enter into a supplement to this Security Agreement, granting to each Agent a Lien in such Commercial Tort Claim. 

        (b)    Maintenance of Records.    Grantors shall keep and maintain, at their own cost and expense, satisfactory and
complete records of the Collateral, including a record of any and all payments received and any and all credits granted with respect to the Collateral and all other dealings with the Collateral.
Grantors shall mark their books and records pertaining to the Collateral to evidence this Security Agreement and the Liens granted hereby. If any Grantor retains possession of any Chattel Paper or
Instruments with both Agents' consent, such Chattel Paper and Instruments shall be marked with the following legend: "This writing and the obligations evidenced or secured hereby are subject to the
security interest of Congress Financial Corporation (Southwest), as Administrative Agent, for the benefit of Revolver Secured Parties, and Credit Suisse First Boston, acting through its Cayman Islands
Branch, as Term Agent, for the benefit of Term Secured Parties." 

        (c)    Covenants Regarding Patent, Trademark and Copyright Collateral.    

        (i)    Grantors
shall notify Agents immediately if they know or have reason to know that any application or registration relating to any Patent, Trademark or Copyright (now or
hereafter existing) may become abandoned or dedicated, or of any adverse determination or development (including the institution of, or any such determination or development in, any proceeding in the
United States Patent and Trademark Office, the United States Copyright Office or any court) regarding any Grantor's ownership of any Patent, Trademark or Copyright, its right to register the same, or
to keep and maintain the same unless the same is not material to Grantor's business. 

        (ii)   In
no event shall any Grantor, either itself or through any agent, employee, licensee or designee, file an application for the registration of any Patent, Trademark or
Copyright with the United States Patent and Trademark Office, the United States Copyright Office or any similar office or agency without giving Agents prior written notice thereof, and, upon request 

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of
either Agent, Grantor shall execute and deliver any and all Patent Security Agreements, Copyright Security Agreements or Trademark Security Agreements as Administrative Agent may request to
evidence such Agent's Lien on such Patent, Trademark or Copyright, and the General Intangibles of such Grantor relating thereto or represented thereby. 

        (iii)  Grantors
shall take all actions necessary or requested by either Agent to maintain and pursue each application, to obtain the relevant registration and to maintain the
registration of each of the Patents, Trademarks and Copyrights (now or hereafter existing), including the filing of applications for renewal, affidavits of use, affidavits of noncontestability and
opposition and interference and cancellation proceedings. 

        (iv)  In
the event that any of the Patent, Trademark or Copyright Collateral is infringed upon, or misappropriated or diluted by a third party, such Grantor shall comply with
Section 5(a)(ix) of this Security Agreement. Such Grantor shall, unless such Grantor shall reasonably determine that such Patent, Trademark or Copyright Collateral is in no way material
to the conduct of its business or operations, promptly sue for infringement, misappropriation or dilution and to recover any and all damages for such infringement, misappropriation or dilution, and
shall take such other actions as either Agent shall deem appropriate under the circumstances to protect such Patent, Trademark or Copyright Collateral. 

        (d)    Indemnification.    In any suit, proceeding or action brought by either Agent or any Secured Party relating to
any Collateral for any sum owing with respect thereto or to enforce any rights or claims with respect thereto, each Grantor will save, indemnify and keep both Agents and all Secured Parties harmless
from and against all expense (including reasonable attorneys' fees and expenses), loss or damage suffered by reason of any defense, setoff, counterclaim, recoupment or reduction of liability
whatsoever of the Account Debtor or other Person obligated on the Collateral, arising out of a breach by any Grantor of any obligation thereunder or arising out of any other agreement, indebtedness or
liability at any time owing to, or in favor of, such obligor or its successors from such Grantor, except in the case of either Agent or any Secured Party, to the extent such expense, loss, or damage
is attributable solely to the gross negligence or willful misconduct of such Agent or such Secured Party as finally determined by a court of competent jurisdiction. All such obligations of Grantors
shall be and remain enforceable against and only against Grantors and shall not be enforceable against the Agents or any Secured Party. 

        (e)    Compliance with Terms of Accounts, etc.    In all material respects, each Grantor will perform and comply with
all obligations in respect of the Collateral and all other agreements to which it is a party or by which it is bound relating to the Collateral. 

        (f)    Limitation on Liens on Collateral.    No Grantor will create, permit or suffer to exist, and each Grantor will
defend the Collateral against, and take such other action as is necessary to remove, any Lien on the Collateral except Permitted Encumbrances, and will defend the right, title and interest of each
Agent and the respective Secured Parties in and to any of such Grantor's rights under the Collateral against the claims and demands of all Persons whomsoever. 

        (g)    Limitations on Disposition.    No Grantor will sell, license, lease, transfer or otherwise dispose of any of
the Collateral, or attempt or contract to do so, except in each case as permitted by the Credit Agreement. 

        (h)    Further Identification of Collateral.    Grantors will, if so requested by either Agent, furnish to such Agent,
as often as such Agent requests, statements and schedules further identifying and describing the Collateral and such other reports in connection with the Collateral as such Agent may reasonably
request, all in such detail as such Agent may specify. 

9

 

        (i)    Notices.    Grantors will advise either Agent promptly, in reasonable detail, (i) of any Lien (other
than Permitted Encumbrances) or claim made or asserted against any of the Collateral, and (ii) of the occurrence of any other event which would have a material adverse effect on the aggregate
value of the Collateral or on the Liens created hereunder or under any other Loan Document. 

        (j)    No Reincorporation.    Without limiting the prohibitions on mergers involving the Grantors contained in the
Credit Agreement, no Grantor shall reincorporate or reorganize itself under the laws of any jurisdiction other than the jurisdiction in which it is incorporated or organized as of the date hereof
without the prior written consent of Agents. 

        (k)    Terminations; Amendments Not Authorized.    Each Grantor acknowledges that it is not authorized to file any
financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of Agents and agrees that it will not do so without the prior
written consent of Agents, subject to such Grantor's rights under Section 9-509(d)(2) of the Code. 

        (l)    Authorized Terminations.    Each Agent will promptly deliver to each Grantor for filing or authorize each
Grantor to prepare and file termination statements and releases in accordance with Section 12.2(c) of the Credit Agreement. 

        6.    EACH AGENT'S APPOINTMENT AS ATTORNEY-IN-FACT.    

        On
the Closing Date each Grantor shall execute and deliver to each Agent a power of attorney (the "Power of Attorney") substantially in
the form attached hereto as Exhibit A. The power of attorney granted pursuant to the Power of Attorney is a power coupled with an interest and shall be irrevocable until the Termination Date.
The separate powers conferred on Administrative Agent, for the benefit of Revolver Secured Parties, and on Term Agent, for the benefit of Term Secured Parties, under each Power of Attorney are solely
to protect each such Agent's interests (for the benefit of the respective Secured Parties) in the Collateral and shall not impose any duty upon either Agent or any Secured Party to exercise any such
powers. Each Agent agrees that (a) except for the powers granted in clause (h) of the applicable Power of Attorney, it shall not exercise any power or authority granted under such Power
of Attorney unless an Event of Default has occurred and is continuing, and (b) each Agent shall account for any moneys received by such Agent in respect of any foreclosure on or disposition of
Collateral pursuant to the applicable Power of Attorney provided that neither Agent nor any Secured Party shall have any duty as to any Collateral, and each Agent and the respective Secured Parties
shall be accountable only for amounts that they actually receive as a result of the exercise of such powers. NONE OF AGENTS, SECURED PARTIES OR THEIR RESPECTIVE AFFILIATES, OFFICERS, DIRECTORS,
EMPLOYEES, ADMINISTRATIVE AGENTS OR REPRESENTATIVES SHALL BE RESPONSIBLE TO ANY GRANTOR FOR ANY ACT OR FAILURE TO ACT UNDER ANY POWER OF ATTORNEY OR OTHERWISE, EXCEPT IN RESPECT OF DAMAGES
ATTRIBUTABLE SOLELY TO THEIR OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AS FINALLY DETERMINED BY A COURT OF COMPETENT JURISDICTION, NOR FOR ANY PUNITIVE, EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES. 

        7.    REMEDIES: RIGHTS UPON DEFAULT.    

        (a)   In
addition to all other rights and remedies granted to it under this Security Agreement, the Credit Agreement, the other Loan Documents and under any other instrument
or agreement securing, evidencing or relating to any of the Obligations, if any Event of Default shall have occurred and be continuing, either Agent may exercise all rights and remedies of a secured
party under the Code. Without limiting the generality of the foregoing, each Grantor expressly agrees that in any such event either Agent, without demand of performance or other demand, advertisement
or notice of any kind (except the notice specified below of time and place of public 

10

 

or
private sale) to or upon such Grantor or any other Person (all and each of which demands, advertisements and notices are hereby expressly waived to the maximum extent permitted by the Code and
other applicable law), may forthwith enter upon the premises of such Grantor where any Collateral is located through self-help, without judicial process, without first obtaining a final
judgment or giving such Grantor or any other Person notice and opportunity for a hearing on such Agent's claim or action and may collect, receive, assemble, process, appropriate and realize upon the
Collateral, or any part thereof, and may forthwith sell, lease, license, assign, give an option or options to purchase, or sell or otherwise dispose of and deliver said Collateral (or contract to do
so), or any part thereof, in one or more parcels at a public or private sale or sales, at any exchange at such prices as it may deem acceptable, for cash or on credit or for future delivery without
assumption of any credit risk. Either Agent or any Secured Party shall have the right upon any such public sale or sales and, to the extent permitted by law, upon any such private sale or sales, to
purchase for the benefit of Revolver Secured Parties or Term Secured Parties, the whole or any part of said Collateral so sold, free of any right or equity of redemption, which equity of redemption
each Grantor hereby releases. Such sales may be adjourned and continued from time to time with or without notice. Either Agent shall have the right to conduct such sales on any Grantor's premises or
elsewhere and shall have the right to use any Grantor's premises without charge for such time or times as such Agent deems necessary or advisable. 

        If
any Event of Default shall have occurred and be continued, each Grantor further agrees, at either Agent's request, to assemble the Collateral and make it available to such Agent at a
place or places designated by such Agent which are reasonably convenient to such Agent and such Grantor, whether at such Grantor's premises or elsewhere. Until such Agent is able to effect a sale,
lease, or other disposition of Collateral, such Agent shall have the right to hold or use Collateral, or any part thereof, to the extent that it deems appropriate for the purpose of preserving
Collateral or its value or for any other purpose deemed appropriate by such Agent. Such Agent shall have no obligation to any Grantor to maintain or preserve the rights of such Grantor as against
third parties with respect to Collateral while Collateral is in the possession of such Agent. Such Agent may, if it so elects, during the continuance of an Event of Default, seek the appointment of a
receiver or keeper to take possession of Collateral and to enforce any of such Agent's remedies (for the benefit of the respective Secured Parties), with respect to such appointment without prior
notice or hearing as to such appointment. Such Agent shall apply the net proceeds of any such collection, recovery, receipt, appropriation, realization or sale to the Obligations as provided in the
Credit Agreement, and only after so paying over such net proceeds, and after the payment by such Agent of any other amount required by any provision of law, need such Agent account for the surplus, if
any, to any Grantor. To the maximum extent permitted by applicable law, each Grantor waives all claims, damages, and demands against either Agent or any Secured Party arising out of the repossession,
retention or sale of the Collateral except such as arise solely out of the gross negligence or willful misconduct of such Agent or such Secured Party as finally determined by a court of competent
jurisdiction. Each Grantor agrees that ten (10) days prior notice by either Agent of the time and place of any public sale or of the time after which a private sale may take
place is reasonable notification of such matters. Grantors shall remain liable for any deficiency if the proceeds of any sale or disposition of the Collateral are insufficient to pay all Obligations,
including any attorneys' fees and other expenses incurred by either Agent or any Secured Party to collect such deficiency. 

        (b)   Except
as otherwise specifically provided herein, each Grantor hereby waives presentment, demand, protest or any notice (to the maximum extent permitted by applicable
law) of any kind in connection with this Security Agreement or any Collateral. 

        (c)   To
the extent that applicable law imposes duties on the either Agent to exercise remedies in a commercially reasonable manner, each Grantor acknowledges and agrees that
it is not commercially unreasonable for the either Agent (i) to fail to incur expenses reasonably deemed 

11

 

significant
by such Agent to prepare Collateral for disposition or otherwise to complete raw material or work in process into finished goods or other finished products for disposition, (ii) to
fail to obtain third party consents for access to Collateral to be disposed of, or to obtain or, if not required by other law, to fail to obtain governmental or third party consents for the collection
or disposition of Collateral to be collected or disposed of, (iii) to fail to exercise collection remedies against Account Debtors or other Persons obligated on Collateral or to remove Liens on
or any adverse claims against Collateral, (iv) to exercise collection remedies against Account Debtors and other Persons obligated on Collateral directly or through the use of collection
agencies and other collection specialists, (v) to advertise dispositions of Collateral through publications or media of general circulation, whether or not the Collateral is of a specialized
nature, (vi) to contact other Persons, whether or not in the same business as the Grantor, for expressions of interest in acquiring all or any portion of such Collateral, (vii) to hire
one or more professional auctioneers to assist in the disposition of Collateral, whether or not the Collateral is of a specialized nature, (viii) to dispose of Collateral by utilizing internet
sites that provide for the auction of assets of the types included in the Collateral or that have the reasonable capacity of doing so, or that match buyers and sellers of assets, (ix) to
dispose of assets in wholesale rather than retail markets, (x) to disclaim disposition warranties, such as title, possession or quiet enjoyment, (xi) to purchase insurance or credit
enhancements to insure such Agent against risks of loss, collection or disposition of Collateral or to provide to such Agent a guaranteed return from the collection or disposition of Collateral, or
(xii) to the extent deemed appropriate by such Agent, to obtain the services of other brokers, investment bankers, consultants and other professionals to assist such Agent in the collection or
disposition of any of the Collateral. Each Grantor acknowledges that the purpose of this Section 7(c) is to provide non-exhaustive indications of what actions or omissions by such
Agent would not be commercially unreasonable in such Agent's exercise of remedies against the Collateral and that other actions or omissions by such Agent shall not be deemed commercially unreasonable
solely on account of not being indicated in this Section 7(c). Without limitation upon the foregoing, nothing contained in this Section 7(c) shall be construed to grant any rights to any
Grantor or to impose any duties on either Agent that would not have been granted or imposed by this Security Agreement or by applicable law in the absence of this Section 7(c). 

        (d)   Neither
Agent nor any Secured Party shall be required to make any demand upon, or pursue or exhaust any of their rights or remedies against, any Grantor, any other
obligor, guarantor, pledgor or
any other Person with respect to the payment of the Obligations or to pursue or exhaust any of their rights or remedies with respect to any Collateral therefor or any direct or indirect guarantee
thereof. Neither Agent nor any Secured Party shall be required to marshal the Collateral or any guarantee of the Obligations or to resort to the Collateral or any such guarantee in any particular
order, and all of its and their rights hereunder or under any other Loan Document shall be cumulative. To the extent it may lawfully do so, each Grantor absolutely and irrevocably waives and
relinquishes the benefit and advantage of, and covenants not to assert against the Agents or any Secured Party, any valuation, stay, appraisement, extension, redemption or similar laws and any and all
rights or defenses it may have as a surety now or hereafter existing which, but for this provision, might be applicable to the sale of any Collateral made under the judgment, order or decree of any
court, or privately under the power of sale conferred by this Security Agreement, or otherwise. 

        (e)   Notwithstanding
anything to the contrary contained herein, each of the Administrative Agent and the Term Agent covenants that it shall not exercise any rights or
remedies (other than make any filings in order to protect, preserve and maintain such Agent's security interest hereunder) under this Agreement except as in accordance with the Credit Agreement
including without limitation Annex C thereto. 

12

 

        8.    GRANT OF LICENSE TO USE INTELLECTUAL PROPERTY COLLATERAL.    For the purpose of enabling Agents to exercise
rights and remedies under Section 7 hereof (including, without limiting the terms of  Section 7 hereof, in order to take possession of, hold,
preserve, process, assemble, prepare for sale, market for sale, sell or otherwise dispose
of Collateral) at such time as each Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor hereby grants to each of Administrative Agent, for the benefit of Revolver
Secured Parties, and to Term Agent, for the benefit of Term Secured Parties, an irrevocable, nonexclusive license (exercisable without payment of royalty or other compensation to such Grantor) to use,
license or sublicense any Intellectual Property now owned or hereafter acquired by such Grantor, and wherever the same may be located, and including in such license access to all media in which any of
the licensed items may be recorded or stored and to all computer software and programs used for the compilation or printout thereof. 

        9.    LIMITATION ON AGENTS' AND SECURED PARTIES' DUTY IN RESPECT OF COLLATERAL.    Each Agent and each Secured Party
shall use reasonable care with respect to the Collateral in its possession or under its control. Neither Agent nor any Secured Party shall have any other duty as to any Collateral in its possession or
control or in the possession or control of any agent or nominee of such Agent or such Secured Party, or any income thereon or as to the preservation of rights against prior parties or any other rights
pertaining thereto. 

        10.    REINSTATEMENT.    This Security Agreement shall remain in full force and effect and continue to be effective
should any petition be filed by or against any Grantor for liquidation or reorganization, should any Grantor become insolvent or make an assignment for the benefit of any creditor or creditors or
should a receiver or trustee be appointed for all or any significant part of any Grantor's assets, and
shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Obligations, or any part thereof, is, pursuant to applicable law, rescinded or
reduced in amount, or must otherwise be restored or returned by any obligee of the Obligations, whether as a "voidable preference," "fraudulent conveyance," or otherwise, all as though such payment or
performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Obligations shall be reinstated and deemed reduced only by such
amount paid and not so rescinded, reduced, restored or returned. 

        11.    NOTICES.    Except as otherwise provided herein, whenever it is provided herein that any notice, demand,
request, consent, approval, declaration or other communication shall or may be given to or served upon any of the parties by any other party, or whenever any of the parties desires to give and serve
upon any other party any communication with respect to this Security Agreement, each such notice, demand, request, consent, approval, declaration or other communication shall be in writing and shall
be given in the manner, and deemed received, as provided for in the Credit Agreement. 

        12.    SEVERABILITY.    Whenever possible, each provision of this Security Agreement shall be interpreted in a manner
as to be effective and valid under applicable law, but if any provision of this Security Agreement shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the
extent of such prohibition or invalidity without invalidating the remainder of such provision or the remaining provisions of this Security Agreement. This Security Agreement is to be read, construed
and applied together with the Credit Agreement and the other Loan Documents which, taken together, set forth the complete understanding and agreement of the Agents, the Secured Parties and Grantors
with respect to the matters referred to herein and therein. 

        13.    NO WAIVER; CUMULATIVE REMEDIES.    Neither Agent nor any Secured Party shall by any act, delay, omission or
otherwise be deemed to have waived any of its rights or remedies hereunder, and no waiver shall be valid unless in writing, signed by Administrative Agent and then only to the extent therein set
forth. A waiver by either Agent of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which such Agent would otherwise have had on any future
occasion. No failure to exercise nor any delay in exercising on the part of either 

13

 

Agent
or any Secured Party, any right, power or privilege hereunder, shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or privilege hereunder preclude any
other or future exercise thereof or the exercise of any other right, power or privilege. The rights and remedies hereunder provided are cumulative and may be exercised singly or concurrently, and are
not exclusive of any rights and remedies provided by law. None of the terms or provisions of this Security Agreement may be waived, altered, modified or amended except by an instrument in writing,
duly executed by each Agent and Grantors. 

        14.    LIMITATION BY LAW.    All rights, remedies and powers provided in this Security Agreement may be exercised only
to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Security Agreement are intended to be subject to all applicable mandatory
provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Security Agreement invalid, unenforceable, in whole or in part, or not entitled
to be recorded, registered or filed under the provisions of any applicable law. 

        15.    TERMINATION OF THIS SECURITY AGREEMENT.    Subject to  Section 10 hereof, this Security Agreement shall terminate upon
the Termination Date. 

        16.    SUCCESSORS AND ASSIGNS.    This Security Agreement and all obligations of Grantors hereunder shall be binding
upon the successors and assigns of each Grantor (including any debtor-in-possession on behalf of such Grantor) and shall, together with the rights and remedies of Agents, for
the benefit of the respective Secured Parties, hereunder, inure to the benefit of respective Agent and respective Secured Parties, all future holders of any instrument evidencing any of the
Obligations and their respective permitted successors and assigns. No sales of participations, other sales, assignments, transfers or other dispositions of any agreement governing or instrument
evidencing the Obligations or any portion thereof or interest therein shall in any manner impair the Lien granted to Administrative Agent, for the benefit of Revolver Secured Parties, or Lien granted
to Term Agent, for the benefit of Term Secured Parties, hereunder. No Grantor may assign, sell, hypothecate or otherwise transfer any interest in or obligation under this Security Agreement. 

        17.    COUNTERPARTS.    This Security Agreement may be authenticated in any number of separate counterparts, each of
which shall collectively and separately constitute one agreement. This Security Agreement may be authenticated by manual signature, facsimile or, if approved in writing by Agents, electronic means,
all of which shall be equally valid. 

        18.    Conflict of Terms.    In the event of any conflict between the terms hereof and the intercreditor provisions of
Annex C to the Credit Agreement, the terms of the intercreditor provisions of Annex C shall govern and control. 

        19.    GOVERNING LAW.    EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN ANY OF THE LOAN DOCUMENTS, IN ALL RESPECTS,
INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE, THIS SECURITY AGREEMENT AND THE OBLIGATIONS ARISING HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE
LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND PERFORMED IN THAT STATE, AND ANY APPLICABLE LAWS OF THE UNITED STATES OF AMERICA. EACH GRANTOR HEREBY CONSENTS AND AGREES THAT THE STATE
OR FEDERAL COURTS LOCATED IN NEW YORK COUNTY, CITY OF NEW YORK, NEW YORK, SHALL HAVE EXCLUSIVE JURISDICTION TO HEAR AND DETERMINE ANY CLAIMS OR DISPUTES BETWEEN GRANTORS, AGENTS AND SECURED PARTIES
PERTAINING TO THIS SECURITY AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS OR TO ANY MATTER ARISING OUT OF OR RELATING TO THIS SECURITY AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS,  PROVIDED, THAT AGENTS,
SECURED PARTIES AND GRANTORS ACKNOWLEDGE THAT ANY APPEALS FROM THOSE COURTS MAY HAVE TO 

14

 

BE
HEARD BY A COURT LOCATED OUTSIDE OF NEW YORK COUNTY, AND, PROVIDED, FURTHER, NOTHING IN THIS AGREEMENT SHALL BE DEEMED OR OPERATE TO PRECLUDE EITHER
AGENT FROM BRINGING SUIT OR TAKING OTHER LEGAL ACTION IN ANY OTHER JURISDICTION TO REALIZE ON THE COLLATERAL OR ANY OTHER SECURITY FOR THE OBLIGATIONS, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN
FAVOR OF SUCH AGENT. EACH GRANTOR EXPRESSLY SUBMITS AND CONSENTS IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR SUIT COMMENCED IN ANY SUCH COURT, AND EACH GRANTOR HEREBY WAIVES ANY OBJECTION WHICH
IT MAY HAVE BASED UPON LACK OF PERSONAL JURISDICTION, IMPROPER VENUE OR FORUM NON CONVENIENS AND HEREBY CONSENTS TO THE GRANTING OF SUCH LEGAL OR
EQUITABLE RELIEF AS IS DEEMED APPROPRIATE BY SUCH COURT. EACH GRANTOR HEREBY WAIVES PERSONAL SERVICE OF THE SUMMONS, COMPLAINT AND OTHER PROCESS ISSUED IN ANY SUCH ACTION OR SUIT AND AGREES THAT
SERVICE OF SUCH SUMMONS, COMPLAINTS AND OTHER PROCESS MAY BE MADE BY REGISTERED OR CERTIFIED MAIL ADDRESSED TO SUCH GRANTOR AT THE ADDRESS SET FORTH ON SECTION
12.10 OF THE CREDIT AGREEMENT AND THAT SERVICE SO MADE SHALL BE DEEMED COMPLETED UPON THE EARLIER OF ACTUAL RECEIPT THEREOF OR THREE (3) DAYS AFTER DEPOSIT IN THE U.S.
MAILS, PROPER POSTAGE PREPAID. 

        20.    WAIVER OF JURY TRIAL.    BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX FINANCIAL TRANSACTIONS ARE MOST
QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES WISH APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE PARTIES DESIRE THAT DISPUTES
ARISING HEREUNDER OR RELATING HERETO BE RESOLVED BY A JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE
PARTIES HERETO WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT, OR OTHERWISE, AMONG AGENTS, SECURED PARTIES, AND
GRANTORS ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED IN CONNECTION WITH, THIS SECURITY
AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS OR THE TRANSACTIONS RELATED HERETO OR THERETO. 

        21.    SECTION TITLES.    The Section titles contained in this Security Agreement are and shall be without substantive
meaning or content of any kind whatsoever and are not a part of the agreement between the parties hereto. 

        22.    NO STRICT CONSTRUCTION.    The parties hereto have participated jointly in the negotiation and drafting of this
Security Agreement. In the event an ambiguity or question of intent or interpretation arises, this Security Agreement shall be construed as if drafted jointly by the parties hereto and no presumption
or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provisions of this Security Agreement. 

        23.    ADVICE OF COUNSEL.    Each of the parties represents to each other party hereto that it has discussed this
Security Agreement and, specifically, the provisions of Section 18 and Section 19, with
its counsel. 

        24.    BENEFIT OF SECURED PARTIES.    All Liens granted or contemplated hereby to Administrative Agent shall be for
the benefit of Revolver Secured Parties and all Liens granted or contemplated hereby to Term Agent shall be for the benefit of Term Secured Parties and all proceeds 

15

 

or
payments realized from Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement. 

        25.    CONFLICT OF TERMS.    In the event of any conflict between the terms hereof and the intercreditor provisions of
Annex C to the Credit Agreement, the terms of the intercreditor provisions of Annex C shall govern and control. 

16

   
        IN WITNESS WHEREOF, each of the parties hereto has caused this Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above. 

	

 	
 	

COFFEYVILLE CRUDE TRANSPORTATION, INC.

COFFEYVILLE GROUP HOLDINGS, LLC

COFFEYVILLE NITROGEN FERTILIZERS, INC.

COFFEYVILLE PIPELINE, INC.

COFFEYVILLE REFINING & MARKETING, INC.

COFFEYVILLE RESOURCES CRUDE TRANSPORTATION, LLC

COFFEYVILLE RESOURCES MANAGEMENT, INC.

COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC

COFFEYVILLE RESOURCES PIPELINE, LLC

COFFEYVILLE RESOURCES REFINING & MARKETING, LLC

COFFEYVILLE RESOURCES TERMINAL, LLC

COFFEYVILLE TERMINAL, INC.

COFFEYVILLE RESOURCES, LLC
	

 	
 	

By:	

    

	 	 	Name:	    

	 	 	Title:	    

	 	 	 	 
	

 	
 	

CONGRESS FINANCIAL CORPORATION (SOUTHWEST),

as Administrative Agent
	

 	
 	

By:	

    

	 	 	Name:	    

	 	 	Title:	    

	 	 	 	 
	

 	
 	

CREDIT SUISSE FIRST BOSTON, acting through its

Cayman Islands Branch, as Term Agent
	

 	
 	

By:	

    

	 	 	Name:	    

	 	 	Title:	    

S-1

 
 

SCHEDULE I
  to
SECURITY AGREEMENT    
    
    FILING JURISDICTIONS    
    

 
 

SCHEDULE II
  to
SECURITY AGREEMENT    
    
    INVESTMENT PROPERTY
  INSTRUMENTS
  CHATTEL PAPER
  AND
  LETTER OF CREDIT RIGHTS    

[to be completed by Grantors]

 
 

SCHEDULE III
  to
SECURITY AGREEMENT    
    
    SCHEDULE OF OFFICES, LOCATIONS OF COLLATERAL
  AND RECORDS CONCERNING EACH GRANTOR'S COLLATERAL    

[TO BE COMPLETED FOR EACH GRANTOR]

	I.
	Grantor's
official name:

	II.
	Type
of entity (e.g., corporation, partnership, business trust, limited partnership, limited liability company):

	III.
	Organizational
identification number issued by Grantor's state of incorporation or organization or a statement that no such number has been issued:

	IV.
	State
or Incorporation or Organization of:

	V.
	Chief
Executive Office and principal place of business of:

	VI.
	Corporate
Offices of:

	VII.
	Warehouses:

	VIII.
	Other
Premises at which Collateral is Stored or Located:

	IX.
	Locations
of Records Concerning Collateral: 

[to be completed by Grantors]

 
 

SCHEDULE IV
  to
SECURITY AGREEMENT    
    
    PATENTS, TRADEMARKS AND COPYRIGHTS    
    

	[XYZ]	 	[ABC]	 	[DEF]

[to be completed by Grantors]

 
 

SCHEDULE V
  to
SECURITY AGREEMENT    
    

	Name of Grantor
 
	 	Motor Vehicle

Make/Model
	 	Model Year
	 	VIN

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

[to be completed by Grantors]

 
 

SCHEDULE VI
  to
SECURITY AGREEMENT    
    
    DEPOSIT ACCOUNTS    
    

	Name of Grantor
 
	 	Financial Institution
	 	Account Number
	 	Name of Account

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

[to be completed by Grantors]

 
 

EXHIBIT A    
    
    POWER OF ATTORNEY    
    

        This Power of Attorney is executed and delivered by                     ,
a                        corporation ("Grantor") to [CONGRESS FINANCIAL CORPORATION
(SOUTHWEST) as Administrative Agent [OR] CREDIT SUISSE FIRST BOSTON acting through its Cayman Islands Branch, as Term Agent] for the benefit of
[Revolver][Term] Secured Parties, under a Credit Agreement and a Security Agreement, both dated as of May 10, 2004, and other related documents
(the "Loan Documents"). No person to whom this Power of Attorney is presented, as authority for Attorney to take any action or actions contemplated hereby, shall be required to inquire into or seek
confirmation from Grantor as to the authority of Attorney to take any action described below, or as to the existence of or fulfillment of any condition to this Power of Attorney, which is intended to
grant to Attorney unconditionally the authority to take and perform the actions contemplated herein, and Grantor irrevocable waives any right to commence any suit or action, in law or equity, against
any person or entity which acts in reliance upon or acknowledges the authority granted under this Power of Attorney. The power of attorney granted hereby is coupled with an interest, and may not be
revoked or canceled by Grantor without Attorney's written consent. 

        Grantor
hereby irrevocably constitutes and appoints Attorney (and all officers, employees or agents designated by Attorney), with full power of substitution, as Grantor's true and lawful
attorney-in-fact with full irrevocable power and authority in the place and stead of Grantor and in the name of Grantor or in its own name, from time to time in Attorney's
discretion, to take any and all appropriate action and to execute and deliver any and all documents and instruments which may be necessary or desirable to accomplish the purposes of the Loan Documents
and, without limiting the generality of the foregoing, Grantor hereby grants to Attorney the power and right, on behalf of Grantor, without notice to or assent by Grantor, and at any time, to do the
following: (a) change the mailing address of Grantor, open a post office box on behalf of Grantor, open mail for Grantor, and ask, demand, collect, give acquittances and receipts for, take
possession of, endorse any invoices, freight or express bills, bills of lading, storage or warehouse receipts, drafts against debtors, assignments, verifications, and notices in connection with any
property of Grantor; (b) effect any repairs to any asset of Grantor, or continue or obtain any insurance and pay all or any part of the premiums therefor and costs thereof, and make, settle and
adjust all claims under such policies of insurance, and make all determinations and decisions with respect to such policies; (c) pay or discharge any taxes, liens, security interests, or other
encumbrances levied or placed on or threatened against Grantor or its property; (d) defend any suit, action or proceeding brought against Grantor if Grantor does not defend such suit, action or
proceeding or if Attorney believes that Grantor is not pursuing such defense in a manner that will maximize the recovery to Attorney, and settle, compromise or adjust any suit, action, or proceeding
described above and, in connection therewith, give such discharges or releases as Attorney may deem appropriate; (e) file or prosecute any claim, litigation, suit or proceeding in any court of
competent jurisdiction or before any arbitrator, or take any other action otherwise deemed appropriate by Attorney for the purpose of collecting any and all such moneys due to Grantor whenever payable
and to enforce any other right in respect of Grantor's property; (f) cause the certified public accountants then engaged by Grantor to prepare and deliver to Attorney at any time and from time
to time, promptly upon Attorney's request, the following reports: (1) a reconciliation of all accounts, (2) an aging of all accounts, (3) trial balances, (4) test
verifications of such accounts as Attorney may request, and (5) the results of each physical verification of inventory; (g) communicate in its own name with any party to any Contract
with regard to the assignment of the right, title and interest of such Grantor in and under the Contracts and other matters relating thereto; (h) to file such financing statements with respect
to the Security Agreement, with or without Grantor's signature, or to file a photocopy of the Security Agreement in substitution for a financing statement, as the Administrative Agent may deem
appropriate and to execute in Grantor's name such financing statements and amendments thereto and continuation statements which may require the Grantor's signature; and (i) execute, in
connection with any sale provided for in any Loan Document, any endorsements, assignments or other instruments of 

conveyance
or transfer with respect to the Collateral and to otherwise direct such sale or resale, all as though Attorney were the absolute owner of the property of Grantor for all purposes, and to
do, at Attorney's option and Grantor's expense, at any time or from time to time, all acts and other things that Attorney reasonably deems necessary to perfect, preserve, or realize upon Grantor's
property or assets and Attorney's Liens thereon, all as fully and effectively as Grantor might do. Grantor hereby ratifies, to the extent permitted by law, all that said Attorney shall lawfully do or
cause to be done by virtue hereof. 

        IN
WITNESS WHEREOF, this Power of Attorney is executed by Grantor, and Grantor has caused its seal to be affixed pursuant to the authority of its board of directors this      
day of               . 

	

 	
 	

[ GRANTOR ]
	

 	
 	

By:	

    

	 	 	Name:	    

	 	 	Title:	    

	 	 	 	 

NOTARY PUBLIC CERTIFICATE  

        On this      day of               , 200  , [officer's name] who is
personally known to me appeared before me in
his/her capacity as the [title] of [Grantor] ("Grantor") and executed on behalf of Grantor the Power of Attorney in favor of [Congress
Financial Corporation (Southwest) OR Credit Suisse First Boston] to which this Certificate is attached. 

	

 	
 	

 	

    
 Notary Public

QuickLinks

Exhibit 10.5

SECURITY AGREEMENT

SCHEDULE I to SECURITY AGREEMENT FILING JURISDICTIONS

SCHEDULE II to SECURITY AGREEMENT INVESTMENT PROPERTY INSTRUMENTS CHATTEL PAPER AND LETTER OF CREDIT RIGHTS

SCHEDULE III to SECURITY AGREEMENT SCHEDULE OF OFFICES, LOCATIONS OF COLLATERAL AND RECORDS CONCERNING EACH GRANTOR'S COLLATERAL

SCHEDULE IV to SECURITY AGREEMENT PATENTS, TRADEMARKS AND COPYRIGHTS

SCHEDULE V to SECURITY AGREEMENT

SCHEDULE VI to SECURITY AGREEMENT DEPOSIT ACCOUNTS

EXHIBIT A POWER OF ATTORNEYQuickLinks
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Exhibit 10.6    
    

EXECUTION COPY  

 
 

FIRST AMENDMENT
  TO CREDIT AGREEMENT    
    

        This FIRST AMENDMENT, dated as of October 8, 2004 (this "First Amendment") is entered into by and among
COFFEYVILLE RESOURCES, LLC, a Delaware limited liability company ("Resources"), COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC, a Delaware limited
liability company ("Fertilizers"), COFFEYVILLE RESOURCES REFINING & MARKETING, LLC, a Delaware limited liability company
("Refining"), COFFEYVILLE RESOURCES CRUDE TRANSPORTATION, LLC, a Delaware limited liability company
("Transportation"), and COFFEYVILLE RESOURCES TERMINAL, LLC, a Delaware limited liability company
("Terminal") (Resources, Fertilizers, Refining, Transportation and Terminal are sometimes collectively referred to herein as the
"Borrowers" and individually as a "Borrower"), the other Credit Parties signatory hereto, CONGRESS
FINANCIAL CORPORATION (SOUTHWEST), in its capacity as administrative agent for the Revolver Secured Parties (as defined in the Credit Agreement referred to below) (together with its successors and
assigns, the "Administrative Agent"), CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch, in its capacity as administrative agent for
the Term Secured Parties (as defined in the Credit Agreement) (together with its successors and assigns, the "Term Agent," and together with the
Administrative Agent, collectively, the "Agents") and the Lenders party thereto. 

        WHEREAS, the Borrowers have entered into that certain Credit Agreement, dated as of May 10, 2004, as amended by the Limited Waiver
and Consent dated as of September 22, 2004, and as further amended, supplemented, restated or otherwise modified from time to time (the "Credit
Agreement"), by and among the Borrowers; the other Credit Parties party thereto; the Term Agent, as Sole Bookrunner,
Sole Lead Arranger, Syndication Agent and Documentation Agent, the Administrative Agent, and the Lenders party thereto from time to time; 

        WHEREAS, the Holding Companies have formed CL JV Holdings, LLC, a Delaware limited liability company
("CLH"), which following the First Amendment Effective Date shall hold approximately 68.73% of the issued and outstanding Stock of Resources and all of
the issued and outstanding Stock of the Leiber Entities (as defined below) previously owned by The Leiber Group, Inc., which is an Affiliate of Pegasus. In order to effectuate the foregoing, on
the First Amendment Effective Date, (i) The Leiber Group, Inc. shall transfer all of its interests in the Leiber Entities to CLH;
(ii) Coffeyville Refining & Marketing, Inc. shall transfer an approximately 34.4% interest in Resources to CLH (such interests
representing all of the indirect interests of Pegasus in Resources held through Coffeyville Refining & Marketing, Inc.) and shall retain an approximately 14.64% interest in Resources and
(iii) Coffeyville Nitrogen Fertilizers, Inc. shall transfer an approximately 34.4% interest in Resources to CLH (such interests representing all of the indirect interests of Pegasus in
Resources held through Coffeyville Nitrogen Fertilizers, Inc.) and shall retain an approximately 14.64% interest in Resources (collectively, all of the transactions referred to in this second
recital shall be referred to as the "Leiber Transaction"). The issued and outstanding Stock of CLH shall be directly held approximately 19.5% by The
Leiber Group, Inc., 25.0% by Coffeyville Nitrogen Fertilizers, Inc. and 55.5% by Coffeyville Refining & Marketing, Inc. The ownership of the issued and outstanding Stock of
each other Credit Party shall be as set out on Schedule 4.8 delivered pursuant to Section 3(h) hereof; 

        WHEREAS, the terms used herein, including in the preamble and recitals hereto, not otherwise defined herein or otherwise amended hereby
shall have the meanings ascribed thereto in the Credit Agreement; 

1

 

        NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained, the Borrowers, and the
other Credit Parties, the Requisite Lenders and the Agents party hereto agree as follows: 

SECTION 1. AMENDMENTS TO CREDIT AGREEMENT  

        (a)   The preamble to the Credit Agreement is hereby amended by deleting the existing preamble in its entirety and substituting
the following in its place: 

"This
CREDIT AGREEMENT (this "Agreement"), dated as of May 10, 2004, among Coffeyville Resources, LLC, a Delaware limited liability company
("Resources"), Coffeyville Resources Nitrogen Fertilizers, LLC, a Delaware limited liability company
("Fertilizers"), Coffeyville Resources Refining & Marketing, LLC, a Delaware limited liability company
("Refining"), Coffeyville Resources Crude Transportation, LLC, a Delaware limited liability company
("Transportation") and Coffeyville Resources Terminal, LLC, a Delaware limited liability company
("Terminal") (Resources, Fertilizers, Refining, Transportation and Terminal are sometimes collectively referred to herein as the "Borrowers" and
individually as a "Borrower"); the other Credit Parties signatory hereto; CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch, as Sole
Bookrunner, Sole Lead Arranger in respect of the Term Loans and Joint Lead Arranger in respect of the Revolving Loans, Syndication Agent and Documentation Agent (in each such respective capacity, the
"Arranger"; "Documentation Agent" and "Syndication
Agent") and Term Agent, CONGRESS FINANCIAL CORPORATION (SOUTHWEST), as Administrative Agent and Joint Lead Arranger in respect of the Revolving Loans (the
"Joint Arranger") and the Lenders signatory hereto from time to time." 

        (b)   The following definitions in the Credit Agreement are each hereby amended by deleting the existing definition in its
entirety and substituting the following in its place: 

"Agreement" means this Credit Agreement by and among Borrowers, the other Credit Parties party thereto, Credit Suisse First Boston, acting through its
Cayman Islands Branch, as Sole Bookrunner, Sole Lead Arranger in respect of the Term Loans, Joint Lead Arranger in respect of the Revolving Loans, Syndication Agent, Documentation Agent and Term
Agent, Congress Financial Corporation (Southwest), as Administrative Agent and Joint Lead Arranger in respect of the Revolving Loans and the Lenders from time to time party thereto, as the same may be
amended, supplemented, restated or otherwise modified from time to time." 

"Change of Control" means any event, transaction or occurrence as a result of which (a) Pegasus and its Affiliates, collectively, cease to own
and control at least 51% of the economic and voting rights associated with ownership of Holdings on a fully diluted basis or (b) Pegasus or one of its Affiliates is not the sole Managing Member
(as defined in the Group Operating Agreement) of Holdings, or (c) except (but only for so long as Pegasus and its Affiliates collectively own and control at least 51% of the economic and voting
rights of the Stock of The Leiber Group) to the extent of the economic and voting rights associated with the Stock of CLH directly owned and controlled by The Leiber Group on the First Amendment
Effective Date immediately after giving effect to the Leiber Transaction, Holdings ceases to own and control, directly or indirectly, all of the economic and voting rights associated with all of the
outstanding Stock of each other Credit Party (other than (i) Coffeyville Nitrogen Fertilizers, Inc. and/or Fertilizers or (ii) if (i) has not occurred, Coffeyville
Refining & Marketing, Inc. and/or Refining in connection with a disposal thereof otherwise permitted hereby, the proceeds of which are applied as required hereby) on a fully diluted
basis." 

2

 

"Credit Parties" means Holdings, each Borrower and each of their respective Subsidiaries (other than the Leiber Entities)." 

"Subsidiary" means, with respect to any Person, (a) any corporation of which an aggregate of more than 50% of the outstanding Stock having
ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether, at the time, Stock of any other class or classes of such corporation shall have or
might have voting power by reason of the happening of any contingency) is at the time, directly or indirectly, owned legally or beneficially by such Person or one or more Subsidiaries of such Person,
or with respect to which any such Person has the right to vote or designate the vote of 50% or more of such Stock whether by proxy, agreement, operation of law or otherwise, and (b) any
partnership or limited liability company in which such Person and/or one or more Subsidiaries of such Person shall have an interest (whether in the form of voting or participation in profits or
capital contribution) of more than 50% or of which any such Person is a general partner or may exercise the powers of a general partner. Unless the context otherwise requires, each reference to a
Subsidiary shall be a reference to a Subsidiary of Holdings; provided that the Leiber Entities shall hereby expressly be deemed not to be Subsidiaries
of Holdings or CLH hereunder." 

        (c)   Section 1 of the Credit Agreement is hereby amended by the addition of the following definitions, which shall be
inserted in proper alphabetical order: 

"CLH" means CL JV Holdings LLC, a Delaware limited liability company." 

"First Amendment" means the amendment to this Agreement dated as of October 7, 2004." 

"First Amendment Effective Date" means the date on which the conditions set out in Section 3 of the First Amendment are waived or satisfied." 

"Joint Arranger" has the meaning assigned to that term in the preamble of this Agreement. 

"Leiber Available Amount" means the sum from time to time of (i) the amount of distributions (other than any Leiber Tax Distributions) received
by CLH from the Leiber Entities plus (ii) the net cash proceeds received by CLH from investments in CLH made by The Leiber Group." 

"Leiber Entities" means, collectively, Leiber Holdings, LLC, Judith Leiber LLC, Judith Leiber IP LLC and any additional Leiber Entities formed or
acquired after the First Amendment Effective Date in compliance with Section 7.1, and, in each case, their respective Subsidiaries." 

"The Leiber Group" means The Leiber Group, Inc. a Delaware corporation." 

"Leiber Tax Distributions" means the aggregate amount of income tax that any Leiber Entities that are not subject to entity level taxation as "C"
corporations would have been required to pay had such Persons been subject to entity level taxation as "C" corporations for such Fiscal Year." 

"Leiber Transaction" is defined in the First Amendment to Credit Agreement, dated October 7, 2004, among the Credit Parties, the Agents and the
Lenders party thereto." 

"Permitted Tax Payment" has the meaning ascribed to it in Section 7.13(f)." 

        (d)   Section 5.1 of the Credit Agreement is hereby amended by adding the following clause (p) at the end
thereof: 

(p)    Leiber Notices.    To the Agents and Lenders, CLH shall deliver (i) as soon as practicable, and in any event within
five (5) Business Days after an executive officer of any Credit Party has actual knowledge of (a) the existence of any voluntary or involuntary case or proceeding 

3

 

under
the Bankruptcy Code with respect to any Leiber Entity or The Leiber Group, (b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any
receivership, liquidation, reorganization or other similar case or proceeding with respect to any of the Leiber Entities or The Leiber Group or with respect to a material portion of their respective
assets, (c) any liquidation, dissolution, reorganization or winding up of any Leiber Entity or The Leiber Group whether voluntary or involuntary and whether or not involving insolvency or
bankruptcy, (d) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of any Leiber Entity or The Leiber Group or (e) an event of default under
any material contractual obligation of the Leiber Entities or The Leiber Group or other event that has had a material adverse effect, in each case telephonic or telecopied notice specifying the nature
of such event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day, (ii) promptly, the annual
financial statements (audited, if available) and the quarterly unaudited financial statements of the Leiber Entities and The Leiber Group, (iii) with reasonable promptness, a copy of the United
States federal tax returns filed by the Leiber Entities and The Leiber Group and (iv) such other financial and other information respecting any of the Leiber Entities' or The Leiber Group's
business or financial condition as the Agents shall from time to time reasonably request. 

        (e)   Section 7.1 to the Credit Agreement is hereby amended by its deletion in its entirety and substituting the
following in its place: 

7.1    Mergers, Subsidiaries, Etc.    Except for the Leiber Transaction as effected on the First Amendment Effective Date, no Credit
Party shall directly or indirectly, by operation of law or otherwise, (a) form or acquire any Subsidiary, or (b) merge with, consolidate with, acquire all or substantially all of the
assets or Stock of, or otherwise combine with or acquire, any Person (except that any Credit Party may merge or consolidate with another Credit Party,  provided that if a Borrower is a party to any such
merger, a Borrower shall be the survivor of such merger). For the avoidance of doubt and
notwithstanding the foregoing, any of the Leiber Entities may form or acquire additional Subsidiaries the primary businesses of which are related or complementary to businesses conducted by the Leiber
Entities as of the First Amendment Effective Date. 

        (f)    Section 7.2 to the Credit Agreement is hereby amended by its deletion in its entirety and substituting the
following in its place: 

7.2    Investments; Loans and Advances.    Except as otherwise expressly permitted by this Section 7, no Credit Party shall
make or permit to exist any investment in, or make, accrue or permit to exist loans or advances of money to, any Person, through the direct or indirect lending of money, holding of securities or
otherwise, except that: (a) Borrowers may hold investments comprised of notes payable, or stock or other securities issued by Account Debtors to any Borrower pursuant to negotiated agreements
with respect to settlement of such Account Debtor's Accounts in the ordinary course of business consistent with past priorities; (b) each Credit Party may maintain its existing investments in
its Subsidiaries as of the Closing Date; (c) so long as no Default or Event of Default has occurred and is continuing and there is no outstanding Revolving Loan balance, each Credit Party may
invest in Permitted Investments; (d) proposed equityholders of Holdings on the Closing Date may pay for the Stock of Holdings by issuing Holdings a note;  provided, that the aggregate amount of all
Indebtedness evidenced by such notes shall not exceed $63,000; (e) Investments received in lieu of
cash in connection with sales expressly permitted by Section 7.8(b) or (d); provided, that in the case of a Major Asset Disposal permitted by
Section 7.8(d), such Investments shall not constitute more than the difference between the total consideration less $65,000,000 and (f) CLH may (i) maintain its investment as of
the First Amendment Effective Date after 

4

 

giving
effect to the Leiber Transaction in the Stock of the Leiber Entities, (ii) make cash investments in any form in the Leiber Entities in an aggregate amount at any one time outstanding not
to exceed the Leiber Available Amount minus the aggregate amount of Restricted Payments made pursuant to Section 7.13(h), and (iii) may,
on the same day as any payment made by it expressly permitted by Section 7.13(f), make cash investments in any form in the Leiber Entities in an aggregate amount in any Fiscal Year not to
exceed the difference between (x) the amount of the then applicable Permitted Tax Distribution by CLH and (y) the amount of such "Permitted Tax Distribution" by CLH if it were
recalculated without regard to the proviso in Section 7.13(f) and in any event under this clause (iii) not to exceed $20,000,000 in the aggregate since the First Amendment Effective
Date. 

        (g)   Section 7.5 to the Credit Agreement is hereby amended by its deletion in its entirety and substituting the
following in its place: 

"7.5    Capital Structure and Business.    If all or part of a Credit Party's Stock is pledged to the Agents, that Credit Party
shall not issue additional Stock unless such additional Stock is similarly pledged to the Agents. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect the Agents
or Lenders or such Credit Party's duty or ability to repay the Obligations. No Credit Party (other than CLH) shall engage in any business other than the businesses currently engaged in by it on the
Closing Date and businesses complimentary thereto and CLH shall not engage in any business other than holding the Stock of Resources and the Leiber Entities." 

        (h)   Section 7.8 to the Credit Agreement is hereby amended by the insertion of "Except for the Leiber Transaction as
effected on the First Amendment Effective Date," at the beginning thereof. 

        (i)    Section 7.13 to the Credit Agreement is hereby amended by its deletion in its entirety and substituting the
following in its place: 

"7.13    Restricted Payments.    No Credit Party shall make any Restricted Payment, except (a) intercompany loans and
advances between Credit Parties to the extent permitted by Section 7.3, (b) dividends and distributions by Subsidiaries of any Borrower paid to such Borrower, (c) employee loans
permitted under Section 7.4(b), (d) payments of principal and interest of Intercompany Notes issued in accordance with Section 7.3; (e) payments of reimbursable
out-of-pocket costs and expenses and management fees to the extent permitted under Section 7.4; (f) Restricted Payments made within 10 days after the
delivery of annual financial statements to the Agents pursuant to Section 5.1(d), for a Fiscal Year (or, as long as no Event of Default has occurred and is continuing, in monthly installments
based upon such Credit Party's good faith estimate of the then cumulative income for such Credit Party) by each Credit Party which is a limited liability company and not subject to entity level income
taxation for such Fiscal Year (i) to the direct equityholders of such Credit Party, (ii) in an aggregate amount not to exceed the amount of income tax that such Person would have been
required to pay had such Person been subject to entity level taxation as a "C" corporation for such Fiscal Year (each such permitted payment, a "Permitted Tax
Distribution"); provided that in the case of CLH the amount of any such payment shall be the greater of (1) such amount
calculated as set forth above (provided that the amount in excess of the amount in the immediately following sub-clause (2) shall only be funded by the proceeds of distributions to
CLH by the Leiber Entities) and (2) such amount calculated without regard to CLH's ownership of the Leiber Entities effected by the Leiber Transaction (or in the case of income or gain from a
Major Asset Disposal the amount of the tax distributions from Holdings to its holders provided for in Section 2.3(b)(ii)); and (iii) which are required to be made pursuant to the limited
liability company agreement of such Person; (g) the payment on the Closing Date 

5

 

to
Pegasus and the other equity holders of Holdings in respect of clause (iii) of the definition of Related Transactions; and (h) Restricted Payments from time to time made by CLH to the
Leiber Group in an aggregate amount not to exceed the Leiber Available Amount minus the aggregate amount of investments made by CLH pursuant to
Section 7.2(f)(ii) and then outstanding." 

        (j)    Section 7.17 to the Credit Agreement is hereby amended by its deletion in its entirety and substituting the
following in its place: 

"7.17    Holdings Companies.    No Holding Company shall engage in any trade or business, or own any assets (other than Stock of its
Subsidiaries, or expressly in the case of CLH, owning the Stock of Resources and the Stock of, and other investments permitted hereunder in, the Leiber Entities) or incur any Indebtedness, Guaranteed
Indebtedness or other liabilities (except in each case in connection with the Related Transactions Documents and except as otherwise expressly permitted in this Agreement)." 

        (k)   Section 10.2(b) to the Credit Agreement is hereby amended by its deletion in its entirety and substituting the
following in its place: 

(b)    Credit
Suisse First Boston is hereby appointed Syndication Agent hereunder, and each Lender hereby authorizes Syndication Agent to act as its agent in accordance with the terms hereof
and the
other Loan Documents. Credit Suisse First Boston is hereby appointed Arranger hereunder and under the other Loan Documents and each Lender hereby authorizes Arranger to act as its agent in accordance
with the terms hereof and the other Loan Documents. Congress Financial Corporation (Southwest) is hereby appointed Joint Arranger hereunder and under the other Loan Documents and each Lender hereby
authorizes Joint Arranger to act as its agent in accordance with the terms hereof and the other Loan Documents. Credit Suisse First Boston is hereby appointed Documentation Agent hereunder, and each
Lender hereby authorizes Documentation Agent to act as its agent in accordance with the terms hereof and the other Credit Documents. Each agent hereby agrees to act upon the express conditions
contained herein and the other Loan Documents as applicable. The provisions of this Section 10.2(b) are solely for the benefit of agents and Lenders and no Credit Party shall have any rights as
a third party beneficiary of any of the provisions thereof. In performing its functions and duties hereunder, each agent shall act solely as an agent of Lenders and does not assume and shall not be
deemed to have assumed any obligation towards or relationship of agency or trust with or for Holdings or any of its Subsidiaries. Each of the Arranger, Joint Arranger, Syndication Agent and
Documentation Agent, without consent of or notice to any party hereto, may assign any and all of its rights or obligations hereunder to any of its Affiliates. As of the Closing Date, neither Credit
Suisse First Boston, in its capacity as Arranger, Credit Suisse First Boston in its capacity as Syndication Agent, Credit Suisse First Boston in its capacity as Documentation Agent, nor Congress
Financial Corporation (Southwest) in its capacity as Joint Arranger shall have any obligations but shall be entitled to all benefits of this Section 10.2(b). 

SECTION 3. CONDITIONS PRECEDENT TO EFFECTIVENESS  

        The provisions set forth in Section 3 hereof shall be effective as of the date (the "First Amendment Effective
Date") on which each of the following conditions shall have been satisfied (or waived in accordance with Section 12.2 of the Credit Agreement): 

        (a)   The Credit Parties and the Requisite Lenders shall have indicated their consent by the execution and delivery of the
signature pages to the Term Agent. 

6

 

        (b)   As of the First Amendment Effective Date, the representations and warranties contained herein and in the other Loan
Documents shall be true, correct and complete in all material respects on and as of the First Amendment Effective Date to the same extent as though made on and as of that date, except to the extent
such representations and warranties specifically relate to an earlier date, in which case such representations and warranties shall have been true, correct and complete in all material respects on and
as of such earlier date. 

        (c)   As of the First Amendment Effective Date, after giving effect to this First Amendment, no event shall have occurred and
be continuing that would constitute an Event of Default or a Default. 

        (d)   The Borrowers shall have paid all fees, costs and expenses owing to counsel to each of the Agents invoiced to the
Borrowers on or before the date hereof and reimbursable by the Borrowers under the terms of the Credit Agreement. 

        (e)   (i) CLH shall have become a Credit Party under the Credit Agreement, a Guarantor under the Guaranties, a Grantor
under the Security Agreement and a Pledgor under the Pledge Agreement by executing and delivering to Administrative Agent and Term Agent a Counterpart Agreement, in substantially the form of Annex A
hereto; (ii) the Agents shall have received (A) sufficient copies of each organizational document executed and delivered by CLH (including, without limitation, the operating agreement of
CLH in form and substance reasonably satisfactory to the Agents) and, to the extent applicable, certified as of a recent date by the appropriate governmental official, each dated the First Amendment
Effective Date or a recent date prior thereto; (B) a signature and incumbency certificate of the officers of such Person executing the Loan Documents to which it is a party;
(C) resolutions of the board of directors or similar governing body of CLH approving and authorizing the execution, delivery and performance of this Agreement and the other Loan Documents and
the Related Transaction Document to which it is a party or by which it or its assets may be bound as of the First Amendment Effective Date, certified as of the First Amendment Effective Date by its
secretary or an assistant secretary as being in full force and effect without modification or amendment; (D) a good standing certificate from the applicable Governmental Authority of CLH's
jurisdiction of organization and in each jurisdiction in which it is qualified as a foreign corporation or other entity to do business, each dated a recent date prior to the First Amendment Effective
Date; and (v) such other documents as the Agents may reasonably request; (E) originally executed copies of the favorable written opinions of counsel for the Credit Parties as to such
other matters as Agents may reasonably request, dated as of the First Amendment Effective Date and otherwise in form and substance reasonably satisfactory to the Agents, (F) evidence
satisfactory to the Agents of CLH's authorization to file UCC financing statements, (G) the results of a recent search of all effective UCC financing statements made with respect to any
personal or mixed property of CLH and (H) any other document reasonably required by either Agent. 

        (f)    The Group Operating Agreement and the Leiber Holdings, LLC operating agreement shall have been amended to provide for the
Leiber Transaction, in form and substance reasonably acceptable to the Agents. 

        (g)   As permitted to be requested pursuant to Section 6.6, the Credit Parties shall have supplemented
Schedule 4.2 and Schedule 4.8 to the Credit Agreement, in form and substance reasonably acceptable to the Agents giving effect to the Leiber Transaction. 

7

 

SECTION 4. REPRESENTATIONS AND WARRANTIES  

        In order to induce the Agents and Lenders to enter into this First Amendment, the Credit Parties (including, without limitation, CLH) hereby represent and warrant
that after giving effect to this First Amendment: 

        (a)   as of the date hereof, after giving effect to this First Amendment, there exists no Default or Event of Default; 

        (b)   all representations and warranties contained in the Credit Agreement and the other Loan Documents are true, correct and
complete in all material respects on and as of the date hereof, except to the extent such representations and warranties specifically relate to an earlier date, in which case they were true, correct
and complete in all material respects on and as of such earlier date; 

        (c)   as of the date hereof, the Credit Parties have performed all agreements to be performed on its part as set forth in the
Credit Agreement; 

        (d)   the execution, delivery and performance of this First Amendment have been duly authorized by all necessary action on the
part of the Credit Parties; the execution, delivery and performance by the Credit Parties of this First Amendment and the consummation of the transactions contemplated hereby, does not and will not
(i) violate any provision of any law or governmental rule or regulation applicable to any Credit Party, the organizational documents of any Credit Party, or any order, judgment or decree of any
court or other agency of government binding on any Credit Party, (ii) conflict with, result in a breach of or constitute (with due notice or the lapse of time or both) a default under any
contractual obligation of any Credit Party or any of its Subsidiaries, (iii) result in or require the creation or imposition of any Lien upon any of the properties or assets of any Credit Party
or any of its Subsidiaries, or (iv) require the approval of members of any Credit Party or any approval or consent of any Person under any contractual obligation; and 

        (e)   this First Amendment and each Loan Document has been duly executed and delivered by each Credit Party and is the legally
valid and binding obligation of such Credit Party, enforceable in accordance with its respective terms, except as may be limited by bankruptcy, insolvency, reorganization or moratorium. 

SECTION 4. ACKNOWLEDGMENT AND CONSENT  

        Holdings and certain Subsidiaries of Holdings have (i) guaranteed the Obligations and (ii) created Liens in favor of Lenders on certain Collateral
to secure their obligations under the Credit Agreement and the Collateral Documents subject to the terms and provisions of the Credit Agreement. 

        Each
Credit Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement and this First Amendment and consents to the amendment of the Credit Agreement
and consents effected pursuant to this First Amendment. Each Credit Party hereby confirms that each Loan Document to which it is a party or otherwise bound and all Collateral encumbered thereby will
continue to guarantee or secure, as the case may be, in accordance with the Loan Documents the payment and performance of all "Obligations" under each of the Loan Documents, as the case may be (in
each case as such terms are defined in the applicable Loan Document), including without limitation the payment and performance of all such "Obligations" under each of the Loan Documents, as the case
may be, in respect of the Obligations of the Borrowers now or hereafter existing under or in respect of the Credit Agreement. 

        Each
Credit Party acknowledges and agrees that any of the Loan Documents to which it is a party or otherwise bound shall continue in full force and effect and that all of its obligations
thereunder shall 

8

 

be
valid and enforceable and shall not be impaired or limited by the execution or effectiveness of this First Amendment. Each Credit Party represents and warrants that all representations and
warranties made by such Credit Party contained in the Credit Agreement, this First Amendment and the other Loan Documents to which it is a party or otherwise bound are true and correct in all material
respects on and as of the First Amendment Effective Date to the same extent as though made on and as of that date, except to the extent such representations and warranties specifically relate to an
earlier date, in which case they were true and correct in all material respects on and as of such earlier date. 

        Each
Credit Party acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this First Amendment, such Credit Party is not required by the
terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this First Amendment and (ii) nothing in the Credit Agreement,
this First Amendment or any other Loan Document shall be deemed to require the consent of such Credit Party to any future amendments to the Credit Agreement. 

SECTION 5. MISCELLANEOUS  

        5.1   This First Amendment shall be binding upon the parties hereto and their respective successors and assigns and shall inure
to the benefit of the parties hereto and the successors and assigns of Lenders. No Credit Party's rights or obligations hereunder or any interest therein may be assigned or delegated by any Credit
Party without the prior written consent of all Lenders. 

        5.2   In case any provision in or obligation hereunder shall be invalid, illegal or unenforceable in any jurisdiction, the
validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby. 

        5.3   Except as specifically waived by this First Amendment, the Credit Agreement and the other Loan Documents shall remain in
full force and effect and are hereby ratified and confirmed. 

        5.4   The execution, delivery and performance of this First Amendment shall not, except as expressly provided herein,
constitute a waiver of any provision of, or operate as a waiver of any right, power or remedy of any Agent or Lender under, the Credit Agreement or any of the other Loan Documents. 

        5.5   Section headings herein are included herein for convenience of reference only and shall not constitute a part hereof for
any other purpose or be given any substantive effect. 

        5.6   THIS FIRST AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.  

        5.7   This First Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an
original, but
all such counterparts together shall constitute but one and the same instrument. As set forth herein, this First Amendment shall become effective upon the execution of a counterpart hereof by each of
the parties hereto and receipt by the Borrowers and Agents of written or telephonic notification of such execution and authorization of delivery thereof. 

[The
remainder of this page is intentionally left blank.] 

9

        IN WITNESS WHEREOF, this First Amendment has been duly executed as of the date first written above. 

	 	 	BORROWERS:
	

 	
 	

COFFEYVILLE RESOURCES, LLC

COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC

COFFEYVILLE RESOURCES REFINING & MARKETING, LLC

COFFEYVILLE RESOURCES TERMINAL, LLC

COFFEYVILLE RESOURCES CRUDE TRANSPORTATION, LLC
	

 	
 	

By:	

/s/  PHILIP L. RINALDI      

	 	 	Name:	Philip L. Rinaldi
	 	 	Title:	Chief Executive Officer
	 	 	 	 
	 	 	 	 
	

 	
 	
OTHER CREDIT PARTIES:
	

 	
 	

COFFEYVILLE PIPELINE, INC.

COFFEYVILLE REFINING & MARKETING, INC.

COFFEYVILLE NITROGEN FERTILIZERS, INC.

COFFEYVILLE CRUDE TRANSPORTATION, INC.

COFFEYVILLE TERMINAL, INC.

COFFEYVILLE GROUP HOLDINGS, LLC

COFFEYVILLE RESOURCES PIPELINE, LLC

COFFEYVILLE RESOURCES MANAGEMENT, INC.

CL JV HOLDINGS, LLC
	

 	
 	

By:	

/s/  PHILIP L. RINALDI      

	 	 	Name:	Philip L. Rinaldi
	 	 	Title:	Chief Executive Officer

	 	 	CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch, as Sole Bookrunner, Sole Lead Arranger, Syndication Agent, Documentation Agent, Term Agent and a Lender
	

 	
 	

By:	

/s/  BILL O'DALY      

	 	 	Name:	Bill O'Daly
	 	 	Title:	Director
	    	 	 	 
	    	 	 	 
	    	 	 	 
	 	 	By:	/s/  CASSANDRA DROOGAN      

	 	 	Name:	Cassandra Droogan
	 	 	Title:	Associate

	 	 	CONGRESS FINANCIAL CORPORATION (SOUTHWEST),

as Administrative Agent and a Lender
	

 	
 	

By:	

/s/ [illegible]
 Duly Authorized Signatory

	 	 	SIEMENS FINANCIAL SERVICES, INC.
	

 	
 	

By:	

/s/  FRANK AMODIO      

	 	 	Name:	Frank Amodio
	 	 	Title:	Vice President—Credit

	 	 	AMALGAMATED BANK
	

 	
 	

By:	

/s/  BRUCE MEREDITH      

	 	 	Name:	Bruce Meredith
	

 	
 	

Title:	

Vice President

	 	 	WHITEHORSE I, LTD
	

 	
 	

By:	

/s/  JAY CARVELL      

	 	 	Name:	Jay Carvell
	

 	
 	

Title:	

Portfolio Manager

	 	 	GMAC COMMERCIAL FINANCE LLC
	

 	
 	

By:	

/s/  PATRICK N. RILEY      

	 	 	Name:	Patrick N. Riley
	

 	
 	

Title:	

Vice President, Group Senior Risk Manager

	 	 	LANDMARK CDO LIMITED

By: Aladdin Capital Management LLC, as Manager
	

 	
 	

By:	

/s/  ANGELA BOZORGMIR      

	 	 	Name:	Angela Bozorgmir
	 	 	Title:	Director
	

 	
 	

LANDMARK II CDO LIMITED

By: Aladdin Capital Management LLC, as Manager
	

 	
 	

By:	

/s/  ANGELA BOZORGMIR      

	 	 	Name:	Angela Bozorgmir
	 	 	Title:	Director
	

 	
 	

LANDMARK III CDO LIMITED

By: Aladdin Capital Management LLC, as Manager
	

 	
 	

By:	

/s/  ANGELA BOZORGMIR      

	 	 	Name:	Angela Bozorgmir
	 	 	Title:	Director
	

 	
 	

LANDMARK IV CDO LIMITED

By: Aladdin Capital Management LLC, as Manager
	

 	
 	

By:	

/s/  ANGELA BOZORGMIR      

	 	 	Name:	Angela Bozorgmir
	 	 	Title:	Director

	 	 	FIRST DOMINION FUNDING III
	

 	
 	

By:	

/s/  DAVID H. LEARNER      

	 	 	Name:	David H. Learner
	 	 	Title:	Authorized Signatory

	 	 	CSAM FUNDING I
	

 	
 	

By:	

/s/  DAVID H. LEARNER      

	 	 	Name:	David H. Learner
	 	 	Title:	Authorized Signatory

	 	 	CSAM FUNDING II
	

 	
 	

By:	

/s/  DAVID H. LEARNER      

	 	 	Name:	David H. Learner
	 	 	Title:	Authorized Signatory

	 	 	OPPENHIEMER SENIOR FLOATING RATE FUND
	

 	
 	

By:	

/s/  LISA CHAFFEE      

	 	 	Name:	Lisa Chaffee
	 	 	Title:	Manager

	 	 	STANFIELD CLO LTD.

By: Stanfield Capital Partners LLC as its Collateral Manager
	

 	
 	

By:	

/s/  CHRISTOPHER A. BONDY      

	 	 	Name:	Christopher A. Bondy
	 	 	Title:	Partner

	 	 	STANFIELD/RMF TRANSATLANTIC CDO LTD.

By: Stanfield Capital Partners LLC as its Collateral Manager
	

 	
 	

By:	

/s/  CHRISTOPHER A. BONDY      

	 	 	Name:	Christopher A. Bondy
	 	 	Title:	Partner

QuickLinks

Exhibit 10.6

FIRST AMENDMENT TO CREDIT AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}]]