REVOLVING LOAN AGREEMENT dated as of May 24, 2001 among AVALONBAY COMM NITIE!, INC", as Bo##o$e#, T%E C%A!

E MAN%ATTAN BAN&, as a Ban', Co(Agent and !ynd)*at)on Agent, +LEET NATIONAL BAN&, as a Ban' and Co(Agent, BAN& O+ AMERICA, N"A" +IR!T NION NATIONAL BAN& and CITICOR, REAL E!TATE, INC", ea*- as a Ban' and .o*/mentat)on Agent, T%E OT%ER BAN&! !IGNATORY %ERETO, ea*- as a Ban', 0"," MORGAN !EC RITIE! INC", as !o1e Boo'#/nne# and Lead A##ange#, and +LEET NATIONAL BAN&, as Adm)n)st#at)2e Agent

REVOLVING LOAN AGREEMENT dated as of May 24, 2001 among AVALONBAY COMM NITIE!, INC", a #o$%o$at&on o$gan&'ed and e(&st&ng )nde$ t*e +a,s of t*e !tate of Ma$y+and -.Bo$$o,e$./0 T1E C1A!E MAN1ATTAN BAN2 -3C*ase./, 4LEET NATIONAL BAN2 -&n &ts &nd&5&d)a+ #a%a#&ty and not as Adm&n&st$at&5e Agent, 34+eet6/ and t*e ot*e$ +ende$s s&gnato$y *e$eto, as Ban7s0 BAN2 O4 AMERICA, N"A", 4IR!T NION NATIONAL BAN2 and CITICOR8 REAL E!TATE, INC", as 9o#)mentat&on Agent0 and 4LEET NATIONAL BAN2, as adm&n&st$at&5e agent fo$ t*e Ban7s -&n s)#* #a%a#&ty, toget*e$ ,&t* &ts s)##esso$s &n s)#* #a%a#&ty, .Adm&n&st$at&5e Agent.0 C*ase, 4+eet, t*e ot*e$ +ende$s s&gnato$y *e$eto, s)#* ot*e$ +ende$s ,*o f$om t&me to t&me :e#ome Ban7s %)$s)ant to !e#t&on 2"1;, <"0= o$ 12"0> and, &f a%%+&#a:+e, any of t*e fo$ego&ng +ende$s? 9es&gnated Lende$, ea#* a .Ban7. and #o++e#t&5e+y, t*e .Ban7s./" Bo$$o,e$ des&$es t*at t*e Ban7s e(tend #$ed&t as %$o5&ded *e$e&n, and t*e Ban7s a$e %$e%a$ed to e(tend s)#* #$ed&t" A##o$d&ng+y, &n #ons&de$at&on of t*e %$em&ses and t*e m)t)a+ ag$eements, #o5enants and #ond&t&ons *e$e&nafte$ set fo$t*, Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* of t*e Ban7s ag$ee as fo++o,s@ ARTICLE I 9E4INITION!0 ETC" !e#t&on 1"01 9ef&n&t&ons" As )sed &n t*&s Ag$eement t*e fo++o,&ng te$ms *a5e t*e fo++o,&ng mean&ngs@

.A:so+)te B&d Rate. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"02-#/-2/" .A:so+)te B&d Rate Loan. means a B&d Rate Loan :ea$&ng &nte$est at t*e A:so+)te B&d Rate" .A:so+)te Rate A)#t&on. means a so+&#&tat&on of B&d Rate A)otes sett&ng fo$t* A:so+)te B&d Rates %)$s)ant to !e#t&on 2"02" .A##e%tan#e Lette$. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1;" .A##o$d&on Amo)nt. means, at any t&me, B1>0,000,000 +ess t*e agg$egate amo)nt of $ed)#t&ons &n t*e Tota+ Loan Comm&tment %)$s)ant to !e#t&on 2"10" .A#C)&s&t&on. means t*e a#C)&s&t&on :y Bo$$o,e$, d&$e#t+y o$ &nd&$e#t+y, of an &nte$est &n m)+t&Dfam&+y $ea+ estate" .Add&t&ona+ Costs. *as t*e mean&ng s%e#&f&ed &n !e#t&on <"01" .Adm&n&st$at&5e Agent. *as t*e mean&ng s%e#&f&ed &n t*e %$eam:+e" .Adm&n&st$at&5e Agent?s Off&#e. means Adm&n&st$at&5e Agent?s add$ess +o#ated at === Ma&n !t$eet, 1a$tfo$d, Conne#t&#)t 0E11>, o$ s)#* ot*e$ add$ess &n t*e n&ted !tates as Adm&n&st$at&5e Agent may des&gnate :y ,$&tten not&#e to Bo$$o,e$ and t*e Ban7s" .Aff&+&ate. means, ,&t* $es%e#t to any 8e$son -t*e .f&$st 8e$son./, any ot*e$ 8e$son -1/ ,*&#* d&$e#t+y o$ &nd&$e#t+y #ont$o+s, o$ &s #ont$o++ed :y, o$ &s )nde$ #ommon #ont$o+ ,&t* t*e f&$st 8e$son0 o$ -2/ 10F o$ mo$e of t*e :enef&#&a+ &nte$est &n ,*&#* &s d&$e#t+y o$ &nd&$e#t+y o,ned o$ *e+d :y t*e f&$st 8e$son" T*e te$m .#ont$o+. means t*e %ossess&on, d&$e#t+y o$ &nd&$e#t+y, of t*e %o,e$, a+one, to d&$e#t o$ #a)se t*e d&$e#t&on of t*e management and %o+&#&es of a 8e$son, ,*et*e$ t*$o)g* t*e o,ne$s*&% of 5ot&ng se#)$&t&es, :y #ont$a#t, o$ ot*e$,&se" .Ag$eement. means t*&s Re5o+5&ng Loan Ag$eement" .A%%+&#a:+e Lend&ng Off&#e. means, fo$ ea#* Ban7 and fo$ &ts LIBOR Loan, B&d Rate Loan-s/ o$ Base Rate Loan, as a%%+&#a:+e, t*e +end&ng off&#e of s)#* Ban7 -o$ of an Aff&+&ate of s)#* Ban7/ des&gnated as s)#* on &ts s&gnat)$e %age *e$eof o$ &n t*e a%%+&#a:+e Ass&gnment and Ass)m%t&on Ag$eement, o$ s)#* ot*e$ off&#e of s)#* Ban7 -o$ of an Aff&+&ate of s)#* Ban7/ as s)#* Ban7 may f$om t&me to t&me s%e#&fy to Adm&n&st$at&5e Agent and Bo$$o,e$ as t*e off&#e :y ,*&#* &ts LIBOR Loan, B&d Rate Loan-s/ o$ Base Rate Loan -and, &n t*e #ase of t*e !,&ng Lende$, &ts !,&ng Loan/, as a%%+&#a:+e, &s to :e made and ma&nta&ned" .A%%+&#a:+e Ma$g&n. means, ,&t* $es%e#t to Base Rate Loans and LIBOR Loans -and fo$ %)$%oses of dete$m&n&ng t*e Ban7s? LGC 4ee Rate )nde$ !e#t&on 2"1E-f//, t*e $es%e#t&5e $ates %e$ ann)m dete$m&ned at any t&me, :ased on t*e $ange &nto ,*&#* Bo$$o,e$?s C$ed&t Rat&ng t*en fa++s, &n a##o$dan#e ,&t* t*e fo++o,&ng ta:+e -any #*ange &n Bo$$o,e$?s C$ed&t Rat&ng #a)s&ng &t to mo5e to a d&ffe$ent $ange on t*e ta:+e s*a++ effe#t an &mmed&ate #*ange &n t*e A%%+&#a:+e Ma$g&n/@ Range of Bo$$o,e$?s C$ed&t Rat&ng -!H8GMoody?s o$ ot*e$ agen#y eC)&5a+ent/ Be+o, BBBD o$ )n$atedGBe+o, Baa< o$ )n$ated BBBDGBaa< BBBGBaa2 BBBIGBaa1 A%%+&#a:+e Ma$g&n fo$ Base Rate Loans -F %e$ ann)m/ A%%+&#a:+e Ma$g&n fo$ LIBOR Loans -F %e$ ann)m/

0"2> 0"00 0"00 0"00

1"1> 0";> 0"=> 0"E0

ADo$ *&g*e$GA< o$ *&g*e$

0"00

0">>

.Ass&gnee. and .Consented Ass&gnee. *a5e t*e $es%e#t&5e mean&ngs s%e#&f&ed &n !e#t&on 12"0>" .Ass&gnment and Ass)m%t&on Ag$eement. means an Ass&gnment and Ass)m%t&on Ag$eement, s):stant&a++y &n t*e fo$m of EJ1IBIT E, %)$s)ant to ,*&#* a Ban7 ass&gns and an Ass&gnee ass)mes $&g*ts and o:+&gat&ons &n a##o$dan#e ,&t* !e#t&on 12"0>" .A)t*o$&'at&on Lette$. means a +ette$ ag$eement e(e#)ted :y Bo$$o,e$ &n t*e fo$m of EJ1IBIT A" .A5a&+a:+e Tota+ Loan Comm&tment. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"01-:/" .Ban7. and .Ban7s. *a5e t*e $es%e#t&5e mean&ngs s%e#&f&ed &n t*e %$eam:+e0 %$o5&ded, *o,e5e$, t*at t*e te$m .Ban7. s*a++ e(#+)de ea#* 9es&gnated Lende$ ,*en )sed &n $efe$en#e to a Rata:+e Loan, t*e Loan Comm&tments o$ te$ms $e+at&ng to t*e Rata:+e Loans and t*e Loan Comm&tments" .Ban7 8a$t&es. means Adm&n&st$at&5e Agent and t*e Ban7s" .Ban7&ng 9ay. means -1/ any day on ,*&#* #omme$#&a+ :an7s a$e not a)t*o$&'ed o$ $eC)&$ed to #+ose &n Ne, Yo$7 C&ty and -2/ ,*ene5e$ s)#* day $e+ates to a LIBOR Loan, a LIBOR B&d Rate Loan, an Inte$est 8e$&od ,&t* $es%e#t to a LIBOR Loan o$ a LIBOR B&d Rate Loan, o$ not&#e ,&t* $es%e#t to a LIBOR Loan o$ a LIBOR B&d Rate Loan o$ a LIBOR A)#t&on, a day on ,*&#* dea+&ngs &n 9o++a$ de%os&ts a$e a+so #a$$&ed o)t &n t*e London &nte$:an7 ma$7et and :an7s a$e o%en fo$ :)s&ness &n London" .Base Rate. means, fo$ any day, t*e *&g*e$ of -1/ t*e 4ede$a+ 4)nds Rate fo$ s)#* day %+)s ">0F, o$ -2/ t*e 8$&me Rate fo$ s)#* day" .Base Rate Loan. means a++ o$ any %o$t&on -as t*e #onte(t $eC)&$es/ of a Ban7?s Rata:+e Loan ,*&#* s*a++ a##$)e &nte$est at a $ate dete$m&ned &n $e+at&on to t*e Base Rate" .B&d Bo$$o,&ng L&m&t. means B400,000,000" .B&d Rate Loan. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"01-#/" .B&d Rate Loan Note. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"0K" .B&d Rate A)ote. means an offe$ :y a Ban7 to ma7e a B&d Rate Loan &n a##o$dan#e ,&t* !e#t&on 2"02" .B&d Rate A)ote ReC)est. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"02-a/" .Bo$$o,e$. *as t*e mean&ng s%e#&f&ed &n t*e %$eam:+e" .Bo$$o,e$?s A##o)ntants. means A$t*)$ Ande$sen LL8, o$ s)#* ot*e$ a##o)nt&ng f&$m-s/ se+e#ted :y Bo$$o,e$ and $easona:+y a##e%ta:+e to t*e !)%e$DMaLo$&ty Ban7s" .Bo$$o,e$?s C$ed&t Rat&ng. means t*e $at&ng ass&gned f$om t&me to t&me to Bo$$o,e$?s )nse#)$ed and )ns):o$d&nated +ongDte$m &nde:tedness :y, $es%e#t&5e+y, !H8, Moody?s andGo$ one o$ mo$e ot*e$ nat&ona++yD $e#ogn&'ed $at&ng agen#&es $easona:+y a%%$o5ed Adm&n&st$at&5e Agent" If s)#* a $at&ng &s ass&gned :y on+y one -1/ s)#* $at&ng agen#y, &t m)st :e e&t*e$ !H8 o$ Moody?s" If s)#* a $at&ng &s ass&gned :y t,o -2/ s)#* $at&ng agen#&es, at +east one -1/ m)st :e !H8 o$ Moody?s, and .Bo$$o,e$?s C$ed&t Rat&ng. s*a++ :e t*e +o,e$ of sa&d $at&ngs, e(#e%t &f t*e afo$esa&d $at&ngs a$e g$eate$ t*an one -1/ $at&ng +e5e+ a%a$t, &n ,*&#* #ase .Bo$$o,e$?s C$ed&t Rat&ng. s*a++ :e t*e a5e$age of sa&d $at&ngs" If s)#* a $at&ng &s o:ta&ned f$om mo$e t*an t,o -2/ s)#* $at&ng agen#&es, .Bo$$o,e$?s C$ed&t Rat&ng. s*a++ :e t*e *&g*e$ of t*e +o,est t,o -2/ $at&ngs, &f at +east one -1/ of s)#* t,o -2/ &s e&t*e$ !H8 o$ Moody?s0

&f ne&t*e$ of t*e t,o -2/ +o,est $at&ngs &s f$om !H8 o$ Moody?s, t*en .Bo$$o,e$?s C$ed&t Rat&ng. s*a++ :e t*e +o,e$ of t*e $at&ngs f$om !H8 and Moody?s" n+ess s)#* &nde:tedness of Bo$$o,e$ &s $ated :y e&t*e$ !H8 o$ Moody?s, .Bo$$o,e$?s C$ed&t Rat&ng. s*a++ :e #ons&de$ed )n$ated fo$ %)$%oses of t*&s Ag$eement" .Bo$$o,e$?s 8$&n#&%a+s. means t*e off&#e$s and d&$e#to$s of Bo$$o,e$ at any a%%+&#a:+e t&me" .Bo$$o,e$?s !*a$e of MV Com:&ned O)tstand&ng Inde:tedness. means t*e s)m of t*e &nde:tedness of ea#* of t*e MVs #ont$&:)t&ng to MV Com:&ned O)tstand&ng Inde:tedness m)+t&%+&ed :y Bo$$o,e$?s $es%e#t&5e :enef&#&a+ f$a#t&ona+ &nte$ests &n ea#* s)#* MV" .Ca%&ta+&'at&on Va+)e. means, as of t*e end of any #a+enda$ C)a$te$, t*e s)m of -1/ Com:&ned EBIT9A -+ess a++ +eas&ng #omm&ss&ons and management and de5e+o%ment fees, net of any e(%enses a%%+&#a:+e t*e$eto, #ont$&:)t&ng to Com:&ned EBIT9A/ fo$ s)#* C)a$te$ ann)a+&'ed -&"e", m)+t&%+&ed :y fo)$ -4//, #a%&ta+&'ed at a $ate of K"=>F %e$ ann)m -&"e", d&5&ded :y K"=>F/, -2/ s)#* +eas&ng #omm&ss&ons and management and de5e+o%ment fees fo$ s)#* C)a$te$, ann)a+&'ed, -&"e", m)+t&%+&ed :y fo)$ -4//, #a%&ta+&'ed at a $ate of 2>F %e$ ann)m -&"e", d&5&ded :y 2>F/, -</ Cas* and Cas* EC)&5a+ents of Bo$$o,e$ and &ts Conso+&dated B)s&nesses, as of t*e end of s)#* C)a$te$, as $ef+e#ted &n Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements and -4/ t*e +esse$ of -a/ t*e agg$egate :oo7 5a+)e -on a #ost :as&s/ of t*e %$o%e$t&es of Bo$$o,e$ and &ts Conso+&dated B)s&nesses )nde$ de5e+o%ment %+)s Bo$$o,e$?s :enef&#&a+ &nte$est &n t*e :oo7 5a+)e -on a #ost :as&s/ of t*e %$o%e$t&es of t*e MVs )nde$ de5e+o%ment o$ -:/ 20F of t*e s)m of t*e amo)nts dete$m&ned %)$s)ant to #+a)ses -1/, -2/ and -</ of t*&s def&n&t&on" .Ca%&ta+ Lease. means any +ease ,*&#* *as :een o$ s*o)+d :e #a%&ta+&'ed on t*e :oo7s of t*e +essee &n a##o$dan#e ,&t* GAA8" .Cas* and Cas* EC)&5a+ents. means -1/ #as*, -2/ d&$e#t o:+&gat&ons of t*e n&ted !tates Go5e$nment, &n#+)d&ng, ,&t*o)t +&m&tat&on, t$eas)$y :&++s, notes and :onds, -</ &nte$estD:ea$&ng o$ d&s#o)nted o:+&gat&ons of fede$a+ agen#&es and go5e$nmentDs%onso$ed ent&t&es o$ %oo+s of s)#* &nst$)ments offe$ed :y A%%$o5ed Ban7s and dea+e$s, &n#+)d&ng, ,&t*o)t +&m&tat&on, 4ede$a+ 1ome Loan Mo$tgage Co$%o$at&on %a$t&#&%at&on sa+e #e$t&f&#ates, Go5e$nment Nat&ona+ Mo$tgage Asso#&at&on mod&f&ed %ass t*$o)g* #e$t&f&#ates, 4ede$a+ Nat&ona+ Mo$tgage Asso#&at&on :onds and notes, and 4ede$a+ 4a$m C$ed&t !ystem se#)$&t&es, -4/ t&me de%os&ts, domest&# and e)$odo++a$ #e$t&f&#ates of de%os&t, :an7e$s? a##e%tan#es, #omme$#&a+ %a%e$ $ated at +east AD1 :y !H8 and 8D1 :y Moody?s andGo$ g)a$anteed :y an Aa $at&ng :y Moody?s, an AA $at&ng :y !H8 o$ :ette$ $ated #$ed&t, f+oat&ng $ate notes, ot*e$ money ma$7et &nst$)ments and +ette$s of #$ed&t ea#* &ss)ed :y A%%$o5ed Ban7s, ->/ o:+&gat&ons of domest&# #o$%o$at&ons, &n#+)d&ng, ,&t*o)t +&m&tat&on, #omme$#&a+ %a%e$, :onds, de:ent)$es and +oan %a$t&#&%at&ons, ea#* of ,*&#* &s $ated at +east AA :y !H8 andGo$ Aa2 :y Moody?s andGo$ g)a$anteed :y an Aa $at&ng :y Moody?s, an AA $at&ng :y !H8 o$ :ette$ $ated #$ed&t, -E/ o:+&gat&ons &ss)ed :y states and +o#a+ go5e$nments o$ t*e&$ agen#&es, $ated at +east MIGD1 :y Moody?s and Go$ !8D1 :y !H8 and Go$ g)a$anteed :y an &$$e5o#a:+e +ette$ of #$ed&t of an A%%$o5ed Ban7, -=/ $e%)$#*ase ag$eements ,&t* maLo$ :an7s and %$&ma$y go5e$nment se#)$&ty dea+e$s f)++y se#)$ed :y t*e n&ted !tates Go5e$nment o$ agen#y #o++ate$a+ eC)a+ to o$ e(#eed&ng t*e %$&n#&%a+ amo)nt on a da&+y :as&s and *e+d &n safe7ee%&ng and -K/ $ea+ estate +oan %oo+ %a$t&#&%at&ons, g)a$anteed :y an AA $at&ng g&5en :y !H8 o$ an Aa2 $at&ng g&5en :y Moody?s o$ :ette$ $ated #$ed&t" 4o$ %)$%oses of t*&s def&n&t&on, .A%%$o5ed Ban7. means a f&nan#&a+ &nst&t)t&on ,*&#* *as -(/ -A/ a m&n&m)m net ,o$t* of B>00,000,000 andGo$ -B/ tota+ assets of at +east B10,000,000,000 and -y/ a m&n&m)m +ongDte$m de:t $at&ng of AI :y !H8 o$ A1 :y Moody?s" .C*ase. *as t*e mean&ng s%e#&f&ed &n t*e %$eam:+e" .C+os&ng 9ate. means t*e date t*&s Ag$eement *as :een e(e#)ted :y a++ %a$t&es" .CoDAgent. means ea#* of C*ase and 4+eet and .CoDAgents. means C*ase and 4+eet #o++e#t&5e+y" .Code. means t*e Inte$na+ Re5en)e Code of 1;KE, &n#+)d&ng t*e $)+es and $eg)+at&ons %$om)+gated t*e$e)nde$" .Com:&ned 9e:t !e$5&#e. means, fo$ any %e$&od of t&me, -1/ Bo$$o,e$?s s*a$e of tota+ de:t se$5&#e -&n#+)d&ng %$&n#&%a+/ %a&d o$ %aya:+e :y Bo$$o,e$ and &ts Conso+&dated B)s&nesses d)$&ng s)#* %e$&od -ot*e$ t*an de:t se$5&#e on #onst$)#t&on +oans )nt&+ #om%+et&on of t*e $e+e5ant #onst$)#t&on and ot*e$ #a%&ta+&'ed &nte$est/ %+)s a

deemed ann)a+ #a%&ta+ e(%ense #*a$ge of B1>0 %e$ a%a$tment )n&t o,ned :y Bo$$o,e$ o$ &ts Conso+&dated B)s&nesses %+)s -2/ Bo$$o,e$?s :enef&#&a+ &nte$est &n -a/ tota+ de:t se$5&#e -&n#+)d&ng %$&n#&%a+/ %a&d o$ %aya:+e :y t*e MVs d)$&ng s)#* %e$&od -ot*e$ t*an de:t se$5&#e on #onst$)#t&on +oans )nt&+ #om%+et&on of t*e $e+e5ant #onst$)#t&on and ot*e$ #a%&ta+&'ed &nte$est/ %+)s -:/ a deemed ann)a+ #a%&ta+ e(%ense #*a$ge of B1>0 %e$ a%a$tment )n&t o,ned :y t*e MVs %+)s -</ %$efe$$ed d&5&dends %a&d o$ %aya:+e :y Bo$$o,e$ and &ts Conso+&dated B)s&nesses d)$&ng s)#* %e$&od" .Com:&ned EBIT9A. means, fo$ any %e$&od of t&me, t*e s)m, ,&t*o)t d)%+&#at&on, of -1/ Bo$$o,e$?s s*a$e of $e5en)es +ess o%e$at&ng e(%enses, gene$a+ and adm&n&st$at&5e e(%enses and %$o%e$ty ta(es :efo$e Inte$est E(%ense, &n#ome ta(es, ga&ns o$ +osses on t*e sa+e of $ea+ estate andGo$ ma$7eta:+e se#)$&t&es, de%$e#&at&on and amo$t&'at&on and e(t$ao$d&na$y &tems fo$ Bo$$o,e$ and &ts Conso+&dated B)s&nesses, and adL)sted, &f mate$&a+, fo$ nonD#as* $e5en)e att$&:)ta:+e to st$a&g*t +&n&ng of $ents and -2/ Bo$$o,e$?s :enef&#&a+ &nte$est &n $e5en)es +ess o%e$at&ng e(%enses, gene$a+ and adm&n&st$at&5e e(%enses and %$o%e$ty ta(es :efo$e Inte$est E(%ense, &n#ome ta(es, ga&ns o$ +osses on t*e sa+e of $ea+ estate andGo$ ma$7eta:+e se#)$&t&es, de%$e#&at&on and amo$t&'at&on and e(t$ao$d&na$y &tems -afte$ e+&m&nat&ng a%%$o%$&ate &nte$#om%any amo)nts/ a%%+&#a:+e to ea#* of t*e MVs, and adL)sted, &f mate$&a+, fo$ nonD#as* $e5en)e att$&:)ta:+e to st$a&g*t +&n&ng of $ents, &n a++ #ases as $ef+e#ted &n Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements" .Conso+&dated B)s&nesses. means, #o++e#t&5e+y, ea#* Aff&+&ate of Bo$$o,e$ ,*o &s o$ s*o)+d :e &n#+)ded &n Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements &n a##o$dan#e ,&t* GAA8" .Conso+&dated 4&nan#&a+ !tatements. means, ,&t* $es%e#t to any 8e$son, t*e #onso+&dated :a+an#e s*eet and $e+ated #onso+&dated statement of o%e$at&ons, a##)m)+ated def&#&en#y &n assets and #as* f+o,s, and footnotes t*e$eto, of s)#* 8e$son, %$e%a$ed &n a##o$dan#e ,&t* GAA8" .Conso+&dated O)tstand&ng Inde:tedness. means, as of any t&me, Bo$$o,e$?s s*a$e of a++ &nde:tedness and +&a:&+&ty fo$ :o$$o,ed money, se#)$ed o$ )nse#)$ed, of Bo$$o,e$ and &ts Conso+&dated B)s&nesses, &n#+)d&ng mo$tgage and ot*e$ notes %aya:+e :)t e(#+)d&ng any &nde:tedness ,*&#* &s ma$g&n &nde:tedness on #as* and #as* eC)&5a+ent se#)$&t&es, a++ as $ef+e#ted &n Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements" .Conso+&dated Tang&:+e Net No$t*. means, at any date, Bo$$o,e$?s s*a$e of t*e #onso+&dated sto#7*o+de$s? eC)&ty of Bo$$o,e$ and &ts Conso+&dated B)s&nesses +ess t*e&$ #onso+&dated Intang&:+e Assets, a++ dete$m&ned as of s)#* date" 4o$ %)$%oses of t*&s def&n&t&on, .Intang&:+e Assets. means ,&t* $es%e#t to any s)#* &ntang&:+e assets, t*e amo)nt -to t*e e(tent $ef+e#ted &n dete$m&n&ng s)#* #onso+&dated sto#7*o+de$s? eC)&ty/ of -1/ a++ ,$&teD)%s -ot*e$ t*an ,$&teD)%s $es)+t&ng f$om fo$e&gn #)$$en#y t$ans+at&ons and ,$&teD)%s of assets of a go&ng #on#e$n :)s&ness made ,&t*&n t,e+5e -12/ mont*s afte$ t*e a#C)&s&t&on of s)#* :)s&ness/ s):seC)ent to !e%tem:e$ <0, 1;;4 &n t*e :oo7 5a+)e of any asset -ot*e$ t*an $ea+ %$o%e$ty assets/ o,ned :y Bo$$o,e$ o$ a Conso+&dated B)s&ness and -2/ a++ de:t d&s#o)nt and e(%ense, defe$$ed #*a$ges, good,&++, %atents, t$adema$7s, se$5&#e ma$7s, t$ade names, ant&#&%ated f)t)$e :enef&t of ta( +oss #a$$yDfo$,a$ds, #o%y$&g*ts, o$gan&'at&on o$ de5e+o%menta+ e(%enses and ot*e$ &ntang&:+e assets -&n ea#* #ase, not adL)sted fo$ de%$e#&at&on/" .Cont&ngent O:+&gat&ons. means, ,&t*o)t d)%+&#at&on, Bo$$o,e$?s s*a$e of -1/ any #ont&ngent o:+&gat&ons of Bo$$o,e$ o$ &ts Conso+&dated B)s&nesses $eC)&$ed to :e s*o,n on t*e :a+an#e s*eet of Bo$$o,e$ and &ts Conso+&dated B)s&nesses &n a##o$dan#e ,&t* GAA8 and -2/ any o:+&gat&on $eC)&$ed to :e d&s#+osed &n t*e footnotes to Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements, g)a$antee&ng %a$t&a++y o$ &n ,*o+e any nonDRe#o)$se 9e:t, +ease, d&5&dend o$ ot*e$ o:+&gat&on, e(#+)s&5e of #ont$a#t)a+ &ndemn&t&es -&n#+)d&ng, ,&t*o)t +&m&tat&on, any &ndemn&ty o$ %$&#eDadL)stment %$o5&s&on $e+at&ng to t*e %)$#*ase o$ sa+e of se#)$&t&es o$ ot*e$ assets/ and g)a$antees of nonD moneta$y o:+&gat&ons -ot*e$ t*an g)a$antees of #om%+et&on/ ,*&#* *a5e not yet :een #a++ed on o$ C)ant&f&ed, of Bo$$o,e$ o$ any of &ts Conso+&dated B)s&nesses o$ of any ot*e$ 8e$son" T*e amo)nt of any Cont&ngent O:+&gat&on des#$&:ed &n #+a)se -2/ s*a++ :e deemed to :e -a/ ,&t* $es%e#t to a g)a$anty of &nte$est o$ &nte$est and %$&n#&%a+, o$ o%e$at&ng &n#ome g)a$anty, t*e net %$esent 5a+)e -)s&ng t*e Base Rate as a d&s#o)nt $ate/ of t*e s)m of a++ %ayments $eC)&$ed to :e made t*e$e)nde$ -,*&#* &n t*e #ase of an o%e$at&ng &n#ome g)a$anty s*a++ :e deemed to :e eC)a+ to t*e de:t se$5&#e fo$ t*e note se#)$ed t*e$e:y/, t*$o)g* -&/ &n t*e #ase of an &nte$est o$ &nte$est and %$&n#&%a+ g)a$anty, t*e stated date of mat)$&ty of t*e o:+&gat&on -and #ommen#&ng on t*e date &nte$est #o)+d f&$st :e %aya:+e t*e$e)nde$/ o$ -&&/ &n t*e #ase of an o%e$at&ng &n#ome g)a$anty, t*e date t*$o)g* ,*&#* s)#* g)a$anty ,&++ $ema&n &n effe#t and -:/ ,&t* $es%e#t to a++ g)a$antees not #o5e$ed :y t*e %$e#ed&ng #+a)se -a/, an amo)nt eC)a+ to t*e stated o$

dete$m&na:+e amo)nt of t*e %$&ma$y o:+&gat&on &n $es%e#t of ,*&#* s)#* g)a$anty &s made o$, &f not stated o$ dete$m&na:+e, t*e ma(&m)m $easona:+y ant&#&%ated +&a:&+&ty &n $es%e#t t*e$eof -ass)m&ng Bo$$o,e$ andGo$ one o$ mo$e of &ts Conso+&dated B)s&nesses &s $eC)&$ed to %e$fo$m t*e$e)nde$/ as $e#o$ded on t*e :a+an#e s*eet and on t*e footnotes to t*e most $e#ent Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements $eC)&$ed to :e de+&5e$ed %)$s)ant to t*&s Ag$eement" Not,&t*stand&ng anyt*&ng #onta&ned *e$e&n to t*e #ont$a$y, g)a$antees of #om%+et&on s*a++ not :e deemed to :e Cont&ngent O:+&gat&ons )n+ess and )nt&+ a #+a&m fo$ %ayment o$ %e$fo$man#e *as :een made t*e$e)nde$, at ,*&#* t&me any s)#* g)a$anty of #om%+et&on s*a++ :e deemed to :e a Cont&ngent O:+&gat&on &n an amo)nt eC)a+ to any s)#* #+a&m" !):Le#t to t*e %$e#ed&ng senten#e, -1/ &n t*e #ase of a Lo&nt and se5e$a+ g)a$anty g&5en :y Bo$$o,e$ o$ one of &ts Conso+&dated B)s&nesses and anot*e$ 8e$son -:)t on+y to t*e e(tent s)#* g)a$anty &s $e#o)$se, d&$e#t+y o$ &nd&$e#t+y to Bo$$o,e$/, t*e amo)nt of t*e g)a$anty s*a++ :e deemed to :e 100F t*e$eof )n+ess and on+y to t*e e(tent t*at s)#* ot*e$ 8e$son *as de+&5e$ed Cas* and Cas* EC)&5a+ents to se#)$e a++ o$ any %a$t of s)#* 8e$son?s g)a$anteed o:+&gat&ons and -2/ &n t*e #ase of Lo&nt and se5e$a+ g)a$antees g&5en :y a 8e$son &n ,*&#* Bo$$o,e$ o,ns an &nte$est -,*&#* g)a$antees a$e nonD$e#o)$se to Bo$$o,e$/, to t*e e(tent t*e g)a$antees, &n t*e agg$egate, e(#eed 10F of Ca%&ta+&'at&on Va+)e, t*e amo)nt &n e(#ess of 10F s*a++ :e deemed to :e a Cont&ngent O:+&gat&on of Bo$$o,e$" Not,&t*stand&ng anyt*&ng #onta&ned *e$e&n to t*e #ont$a$y, .Cont&ngent O:+&gat&ons. s*a++ :e deemed not to &n#+)de g)a$antees of )nad5an#ed f)nds )nde$ any &nde:tedness of Bo$$o,e$ o$ &ts Conso+&dated B)s&nesses o$ of #onst$)#t&on +oans to t*e e(tent t*e same *a5e not :een d$a,n" A++ matte$s #onst&t)t&ng .Cont&ngent O:+&gat&ons. s*a++ :e #a+#)+ated ,&t*o)t d)%+&#at&on" .Cont&n)e., .Cont&n)at&on. and .Cont&n)ed. $efe$ to t*e #ont&n)at&on %)$s)ant to !e#t&on 2"12 of a LIBOR Loan as a LIBOR Loan f$om one Inte$est 8e$&od to t*e ne(t Inte$est 8e$&od" .Con5e$t., .Con5e$s&on. and .Con5e$ted. $efe$ to a #on5e$s&on %)$s)ant to !e#t&on 2"12 of a Base Rate Loan &nto a LIBOR Loan o$ a LIBOR Loan &nto a Base Rate Loan, ea#* of ,*&#* may :e a##om%an&ed :y t*e t$ansfe$ :y a Ban7 -at &ts so+e d&s#$et&on/ of a++ o$ a %o$t&on of &ts Rata:+e Loan f$om one A%%+&#a:+e Lend&ng Off&#e to anot*e$" .9e:t. means -1/ &nde:tedness o$ +&a:&+&ty fo$ :o$$o,ed money, o$ fo$ t*e defe$$ed %)$#*ase %$&#e of %$o%e$ty o$ se$5&#es -&n#+)d&ng t$ade o:+&gat&ons/0 -2/ o:+&gat&ons as +essee )nde$ Ca%&ta+ Leases0 -</ #)$$ent +&a:&+&t&es &n $es%e#t of )nf)nded 5ested :enef&ts )nde$ any 8+an0 -4/ o:+&gat&ons )nde$ +ette$s of #$ed&t &ss)ed fo$ t*e a##o)nt of any 8e$son0 ->/ a++ o:+&gat&ons a$&s&ng )nde$ :an7e$s? o$ t$ade a##e%tan#e fa#&+&t&es0 -E/ a++ g)a$antees, endo$sements -ot*e$ t*an fo$ #o++e#t&on o$ de%os&t &n t*e o$d&na$y #o)$se of :)s&ness/, and ot*e$ #ont&ngent o:+&gat&ons to %)$#*ase any of t*e &tems &n#+)ded &n t*&s def&n&t&on, to %$o5&de f)nds fo$ %ayment, to s)%%+y f)nds to &n5est &n any 8e$son, o$ ot*e$,&se to ass)$e a #$ed&to$ aga&nst +oss0 -=/ a++ o:+&gat&ons se#)$ed :y any L&en on %$o%e$ty o,ned :y t*e 8e$son ,*ose 9e:t &s :e&ng meas)$ed, ,*et*e$ o$ not t*e o:+&gat&ons *a5e :een ass)med0 and -K/ a++ o:+&gat&ons )nde$ any ag$eement %$o5&d&ng fo$ #ont&ngent %a$t&#&%at&on o$ ot*e$ *edg&ng me#*an&sms ,&t* $es%e#t to &nte$est %aya:+e on any of t*e &tems des#$&:ed a:o5e &n t*&s def&n&t&on" .9e#+&n&ng Ban7. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1;" .9efa)+t. means any e5ent ,*&#* ,&t* t*e g&5&ng of not&#e o$ +a%se of t&me, o$ :ot*, ,o)+d :e#ome an E5ent of 9efa)+t" .9efa)+t Rate. means a $ate %e$ ann)m eC)a+ to@ -1/ ,&t* $es%e#t to Base Rate Loans and !,&ng Loans, a 5a$&a:+e $ate <F a:o5e t*e $ate of &nte$est t*en &n effe#t t*e$eon0 and -2/ ,&t* $es%e#t to LIBOR Loans and B&d Rate Loans, a f&(ed $ate <F a:o5e t*e $ate-s/ of &nte$est &n effe#t t*e$eon -&n#+)d&ng t*e A%%+&#a:+e Ma$g&n o$ t*e LIBOR B&d Ma$g&n, as t*e #ase may :e/ at t*e t&me of 9efa)+t )nt&+ t*e end of t*e t*en #)$$ent Inte$est 8e$&od t*e$efo$ and, t*e$eafte$, a 5a$&a:+e $ate <F a:o5e t*e $ate of &nte$est fo$ a Base Rate Loan" .9es&gnated Lende$. means a s%e#&a+ %)$%ose #o$%o$at&on t*at -&/ s*a++ *a5e :e#ome a %a$ty to t*&s Ag$eement %)$s)ant to !e#t&on 12"1E and -&&/ &s not ot*e$,&se a Ban7" .9es&gnat&ng Lende$. *as t*e mean&ng s%e#&f&ed &n !e#t&on 12"1E" .9es&gnat&on Ag$eement. means an ag$eement &n s):stant&a++y t*e fo$m of EJ1IBIT 4, ente$ed &nto :y a Ban7 and a 9es&gnated Lende$ and a##e%ted :y Adm&n&st$at&5e Agent"

.9&s%os&t&on. means a sa+e -,*et*e$ :y ass&gnment, t$ansfe$ o$ Ca%&ta+ Lease/ of an asset" .9o#)mentat&on Agent. means, &nd&5&d)a++y and #o++e#t&5e+y, Ban7 of Ame$&#a, N"A", 4&$st n&on Nat&ona+ Ban7 and C&t&#o$% Rea+ Estate, In#" .9o++a$s. and t*e s&gn .B. mean +a,f)+ money of t*e n&ted !tates of Ame$&#a" .E+e#t., .E+e#t&on. and .E+e#ted. $efe$ to e+e#t&on, &f any, :y Bo$$o,e$ %)$s)ant to !e#t&on 2"12 to *a5e a++ o$ a %o$t&on of an ad5an#e of t*e Rata:+e Loans :e o)tstand&ng as LIBOR Loans" .En5&$onmenta+ 9&s#*a$ge. means any d&s#*a$ge o$ $e+ease of any 1a'a$do)s Mate$&a+s &n 5&o+at&on of any a%%+&#a:+e En5&$onmenta+ La," .En5&$onmenta+ La,. means any a%%+&#a:+e La, $e+at&ng to %o++)t&on o$ t*e en5&$onment, &n#+)d&ng La,s $e+at&ng to no&se o$ to em&ss&ons, d&s#*a$ges, $e+eases o$ t*$eatened $e+eases of 1a'a$do)s Mate$&a+s &nto t*e ,o$7 %+a#e, t*e #omm)n&ty o$ t*e en5&$onment, o$ ot*e$,&se $e+at&ng to t*e gene$at&on, man)fa#t)$e, %$o#ess&ng, d&st$&:)t&on, )se, t$eatment, sto$age, d&s%osa+, t$ans%o$t o$ *and+&ng of 1a'a$do)s Mate$&a+s" .En5&$onmenta+ Not&#e. means any ,$&tten #om%+a&nt, o$de$, #&tat&on o$ not&#e f$om any 8e$son -1/ affe#t&ng o$ $e+at&ng to Bo$$o,e$?s #om%+&an#e ,&t* any En5&$onmenta+ La, &n #onne#t&on ,&t* any a#t&5&ty o$ o%e$at&ons at any t&me #ond)#ted :y Bo$$o,e$, -2/ $e+at&ng to -a/ t*e e(&sten#e of any 1a'a$do)s Mate$&a+s #ontam&nat&on o$ En5&$onmenta+ 9&s#*a$ges o$ t*$eatened 1a'a$do)s Mate$&a+s #ontam&nat&on o$ En5&$onmenta+ 9&s#*a$ges at any of Bo$$o,e$?s +o#at&ons o$ fa#&+&t&es o$ -:/ $emed&at&on of any En5&$onmenta+ 9&s#*a$ge o$ 1a'a$do)s Mate$&a+s at any s)#* +o#at&on o$ fa#&+&ty o$ any %a$t t*e$eof0 o$ -</ $e+at&ng to any 5&o+at&on o$ a++eged 5&o+at&on :y Bo$$o,e$ of any $e+e5ant En5&$onmenta+ La," .ERI!A. means t*e Em%+oyee Ret&$ement In#ome !e#)$&ty A#t of 1;=4, &n#+)d&ng t*e $)+es and $eg)+at&ons %$om)+gated t*e$e)nde$" .ERI!A Aff&+&ate. means any #o$%o$at&on ,*&#* &s a mem:e$ of t*e same #ont$o++ed g$o)% of #o$%o$at&ons -,&t*&n t*e mean&ng of !e#t&on 414-:/ of t*e Code/ as Bo$$o,e$, o$ any t$ade o$ :)s&ness ,*&#* &s )nde$ #ommon #ont$o+ -,&t*&n t*e mean&ng of !e#t&on 414-#/ of t*e Code/ ,&t* Bo$$o,e$, o$ any o$gan&'at&on ,*&#* &s $eC)&$ed to :e t$eated as a s&ng+e em%+oye$ ,&t* Bo$$o,e$ )nde$ !e#t&on 414-m/ o$ 414-o/ of t*e Code" .E5ent of 9efa)+t. *as t*e mean&ng s%e#&f&ed &n !e#t&on ;"01" .E(tens&on O%t&on., .Not&#e to E(tend. and .ReC)est to E(tend. *a5e t*e $es%e#t&5e mean&ngs s%e#&f&ed &n !e#t&on 2"1K" .4a#&+&ty 4ee Rate. means t*e $ate %e$ ann)m dete$m&ned, at any t&me, :ased on Bo$$o,e$?s C$ed&t Rat&ng &n a##o$dan#e ,&t* t*e fo++o,&ng ta:+e" Any #*ange &n Bo$$o,e$?s C$ed&t Rat&ng ,*&#* #a)ses &t to mo5e &nto a d&ffe$ent $ange on t*e ta:+e s*a++ effe#t an &mmed&ate #*ange &n t*e 4a#&+&ty 4ee Rate"

Bo$$o,e$?s C$ed&t Rat&ng -!H8GMoody?s/ Be+o, BBBD o$ )n$atedGBe+o, Baa< o$ )n$ated BBBDGBaa< BBBGBaa2 BBBIGBaa1 ADo$ *&g*e$GA< o$ *&g*e$

4a#&+&ty 4ee Rate -F %e$ ann)m/

0"2> 0"20 0"1> 0"1> 0"1>

.4ede$a+ 4)nds Rate. means, fo$ any day, t*e $ate %e$ ann)m -e(%$essed on a <E0Dday :as&s of #a+#)+at&on/ eC)a+ to t*e ,e&g*ted a5e$age of t*e $ates on o5e$n&g*t fede$a+ f)nds t$ansa#t&ons as %):+&s*ed :y t*e 4ede$a+ Rese$5e Ban7 of Ne, Yo$7 fo$ s)#* day %$o5&ded t*at -1/ &f s)#* day &s not a Ban7&ng 9ay, t*e 4ede$a+ 4)nds Rate fo$ s)#* day s*a++ :e s)#* $ate on s)#* t$ansa#t&ons on t*e &mmed&ate+y %$e#ed&ng Ban7&ng 9ay as so %):+&s*ed on t*e ne(t s)##eed&ng Ban7&ng 9ay0 and -2/ &f no s)#* $ate &s so %):+&s*ed on s)#* ne(t s)##eed&ng Ban7&ng 9ay, t*e 4ede$a+ 4)nds Rate fo$ s)#* day s*a++ :e t*e a5e$age of t*e $ates C)oted :y t*$ee -</ 4ede$a+ 4)nds :$o7e$s to Adm&n&st$at&5e Agent on s)#* day on s)#* t$ansa#t&ons" .4&$st !o+&#&tat&on. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1;" .4&s#a+ Yea$. means ea#* %e$&od f$om Man)a$y 1 to 9e#em:e$ <1" .4+eet. *as t*e mean&ng s%e#&f&ed &n t*e %$eam:+e" .4)nds 4$om O%e$at&ons. means Com:&ned EBIT9A +ess t*e s)m of Inte$est E(%ense and &n#ome ta(es &n#+)ded &n Com:&ned EBIT9A" .GAA8. means gene$a++y a##e%ted a##o)nt&ng %$&n#&%+es &n t*e n&ted !tates of Ame$&#a as &n effe#t f$om t&me to t&me, a%%+&ed on a :as&s #ons&stent ,&t* t*ose )sed &n t*e %$e%a$at&on of t*e f&nan#&a+ statements $efe$$ed to &n !e#t&on >"1< -e(#e%t fo$ #*anges #on#)$$ed &n :y Bo$$o,e$?s A##o)ntants/" .Good 4a&t* Contest. means t*e #ontest of an &tem &f@ -1/ t*e &tem &s d&+&gent+y #ontested &n good fa&t*, and, &f a%%$o%$&ate, :y %$o#eed&ngs t&me+y &nst&t)ted0 -2/ $ese$5es t*at a$e adeC)ate :ased on $easona:+y fo$eseea:+e +&7e+y o)t#omes a$e esta:+&s*ed ,&t* $es%e#t to t*e #ontested &tem0 -</ d)$&ng t*e %e$&od of s)#* #ontest, t*e enfo$#ement of any #ontested &tem &s effe#t&5e+y stayed, de+ayed o$ %ost%oned0 and -4/ t*e fa&+)$e to %ay o$ #om%+y ,&t* t*e #ontested &tem d)$&ng t*e %e$&od of t*e #ontest &s not +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange" .Go5e$nmenta+ A%%$o5a+s. means any a)t*o$&'at&on, #onsent, a%%$o5a+, +&#ense, %e$m&t, #e$t&f&#at&on, o$ e(em%t&on of, $eg&st$at&on o$ f&+&ng ,&t* o$ $e%o$t o$ not&#e to, any Go5e$nmenta+ A)t*o$&ty" .Go5e$nmenta+ A)t*o$&ty. means any nat&on o$ go5e$nment, any state o$ ot*e$ %o+&t&#a+ s):d&5&s&on t*e$eof, and any ent&ty e(e$#&s&ng e(e#)t&5e, +eg&s+at&5e, L)d&#&a+, $eg)+ato$y o$ adm&n&st$at&5e f)n#t&ons of o$ %e$ta&n&ng to go5e$nment" .1a'a$do)s Mate$&a+s. means any %o++)tant, eff+)ents, em&ss&ons, #ontam&nants, to(&# o$ *a'a$do)s ,astes o$ s):stan#es, as any of t*ose te$ms a$e def&ned f$om t&me to t&me &n o$ fo$ t*e %)$%oses of any $e+e5ant En5&$onmenta+ La,, &n#+)d&ng as:estos f&:e$s and f$&a:+e as:estos, %o+y#*+o$&nated :&%*eny+s, and any %et$o+e)m o$ *yd$o#a$:onD:ased %$od)#ts o$ de$&5at&5es" .In&t&a+ Ad5an#e. means t*e f&$st ad5an#e of %$o#eeds of t*e Loans" .Inte$est E(%ense. means, fo$ any %e$&od of t&me, Bo$$o,e$?s s*a$e of t*e #onso+&dated &nte$est e(%ense -,&t*o)t ded)#t&on of #onso+&dated &nte$est &n#ome, and e(#+)d&ng -(/ &nte$est e(%ense on #onst$)#t&on +oans and -y/ ot*e$ #a%&ta+&'ed &nte$est e(%ense &n $es%e#t of e&t*e$ #onst$)#t&on a#t&5&ty o$ #onst$)#t&on +oans, &n any s)#* #ase )nde$ #+a)ses -(/ o$ -y/, on+y )nt&+ #om%+et&on of t*e $e+e5ant #onst$)#t&on/ of Bo$$o,e$ and &ts Conso+&dated B)s&nesses, &n#+)d&ng, ,&t*o)t +&m&tat&on o$ d)%+&#at&on -o$, to t*e e(tent not so &n#+)ded, ,&t* t*e add&t&on of/, -1/ t*e %o$t&on of any $enta+ o:+&gat&on &n $es%e#t of any Ca%&ta+ Lease o:+&gat&on a++o#a:+e to &nte$est e(%ense &n a##o$dan#e ,&t* GAA80 -2/ t*e amo$t&'at&on of 9e:t d&s#o)nts0 -</ any e(%ense, %ayments o$ fees -ot*e$ t*an )%D f$ont fees/ ,&t* $es%e#t to &nte$est $ate s,a% o$ s&m&+a$ ag$eements0 and -4/ t*e &nte$est e(%ense and &tems +&sted &n #+a)ses -1/ t*$o)g* -</ a:o5e a%%+&#a:+e to ea#* of t*e MVs m)+t&%+&ed :y Bo$$o,e$?s $es%e#t&5e :enef&#&a+ &nte$ests &n t*e MVs, &n a++ #ases as $ef+e#ted &n Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements" .Inte$est 8e$&od. means, -1/ ,&t* $es%e#t to any LIBOR Loan, t*e %e$&od #ommen#&ng on t*e date t*e same &s ad5an#ed, #on5e$ted f$om a Base Rate Loan o$ Cont&n)ed, as t*e #ase may :e, and end&ng, as Bo$$o,e$ may

se+e#t %)$s)ant to !e#t&on 2"0>, on t*e n)me$&#a++y #o$$es%ond&ng day &n t*e f&$st, se#ond o$ t*&$d #a+enda$ mont* t*e$eafte$, %$o5&ded t*at ea#* s)#* Inte$est 8e$&od ,*&#* #ommen#es on t*e +ast Ban7&ng 9ay of a #a+enda$ mont* -o$ on any day fo$ ,*&#* t*e$e &s no n)me$&#a++y #o$$es%ond&ng day &n t*e a%%$o%$&ate s):seC)ent #a+enda$ mont*/ s*a++ end on t*e +ast Ban7&ng 9ay of t*e a%%$o%$&ate #a+enda$ mont*0 -2/ ,&t* $es%e#t to any LIBOR B&d Rate Loan, t*e %e$&od #ommen#&ng on t*e date t*e same &s ad5an#ed and end&ng, as Bo$$o,e$ may se+e#t %)$s)ant to !e#t&on 2"02, on t*e n)me$&#a++y #o$$es%ond&ng day &n t*e f&$st, se#ond o$ t*&$d #a+enda$ mont* t*e$eafte$, %$o5&ded t*at ea#* s)#* Inte$est 8e$&od ,*&#* #ommen#es on t*e +ast Ban7&ng 9ay of a #a+enda$ mont* -o$ on any day fo$ ,*&#* t*e$e &s no n)me$&#a++y #o$$es%ond&ng day &n t*e a%%$o%$&ate s):seC)ent #a+enda$ mont*/ s*a++ end on t*e +ast Ban7&ng 9ay of t*e a%%$o%$&ate #a+enda$ mont*0 and -</ ,&t* $es%e#t to any A:so+)te B&d Rate Loan, t*e %e$&od #ommen#&ng on t*e date t*e same &s ad5an#ed and end&ng, as Bo$$o,e$ may se+e#t %)$s)ant to !e#t&on 2"02, %$o5&ded, *o,e5e$, t*at ea#* s)#* %e$&od s*a++ not :e +ess t*an fo)$teen -14/ days no$ mo$e t*an n&nety -;0/ days" .In5&tat&on fo$ B&d Rate A)otes. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"02 -:/" .La,. means any fede$a+, state o$ +o#a+ stat)te, +a,, $)+e, $eg)+at&on, o$d&nan#e, o$de$, #ode, o$ $)+e of #ommon +a,, no, o$ *e$eafte$ &n effe#t, and &n ea#* #ase as amended, and any L)d&#&a+ o$ adm&n&st$at&5e o$de$, #onsent de#$ee o$ L)dgment" .Lette$ of C$ed&t. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1E-a/" .LIBOR A)#t&on. means a so+&#&tat&on of B&d Rate A)otes sett&ng fo$t* LIBOR B&d Ma$g&ns %)$s)ant to !e#t&on 2"02" .LIBOR Base Rate. means, ,&t* $es%e#t to any Inte$est 8e$&od t*e$efo$, t*e $ate %e$ ann)m -$o)nded )%, &f ne#essa$y, to t*e nea$est 1G100 of 1F/ t*at a%%ea$s on 9o, Mones 8age <=>0 at a%%$o(&mate+y 11@00 a"m" -London t&me/ on t*e date -t*e .LIBOR 9ete$m&nat&on 9ate./ t,o -2/ Ban7&ng 9ays %$&o$ to t*e f&$st day of t*e a%%+&#a:+e Inte$est 8e$&od, fo$ t*e same %e$&od of t&me as t*e Inte$est 8e$&od0 o$, &f s)#* $ate does not a%%ea$ on 9o, Mones 8age <=>0 as of a%%$o(&mate+y 11@00 a"m" -London t&me/ on t*e LIBOR 9ete$m&nat&on 9ate, t*e $ate -$o)nded )%, &f ne#essa$y, to t*e nea$est 1G100 of 1F/ fo$ de%os&ts &n 9o++a$s fo$ a %e$&od #om%a$a:+e to t*e a%%+&#a:+e Inte$est 8e$&od t*at a%%ea$s on t*e Re)te$s !#$een LIBOR 8age as of a%%$o(&mate+y 11@00 a"m" -London t&me/ on t*e LIBOR 9ete$m&nat&on 9ate" If s)#* $ate does not a%%ea$ on e&t*e$ 9o, Mones 8age <=>0 o$ on t*e Re)te$s !#$een LIBOR 8age as of a%%$o(&mate+y 11@00 a"m" -London t&me/ on t*e LIBOR 9ete$m&nat&on 9ate, t*e LIBOR Base Rate fo$ t*e Inte$est 8e$&od ,&++ :e dete$m&ned on t*e :as&s of t*e offe$ed $ates fo$ de%os&ts &n 9o++a$s fo$ t*e same %e$&od of t&me as s)#* Inte$est 8e$&od t*at a$e offe$ed :y fo)$ -4/ maLo$ :an7s &n t*e London &nte$:an7 ma$7et at a%%$o(&mate+y 11@00 a"m" -London t&me/ on t*e LIBOR 9ete$m&nat&on 9ate" Adm&n&st$at&5e Agent ,&++ $eC)est t*at t*e %$&n#&%a+ London off&#e of ea#* of t*e fo)$ -4/ maLo$ :an7s %$o5&de a C)otat&on of &ts 9o++a$ de%os&t offe$ed $ate" If at +east t,o -2/ s)#* C)otat&ons a$e %$o5&ded, t*e LIBOR Base Rate ,&++ :e t*e a$&t*met&# mean of t*e C)otat&ons" If fe,e$ t*an t,o -2/ C)otat&ons a$e %$o5&ded as $eC)ested, t*e LIBOR Base Rate ,&++ :e dete$m&ned on t*e :as&s of t*e $ates C)oted fo$ +oans &n 9o++a$s to +ead&ng E)$o%ean :an7s fo$ amo)nts #om%a$a:+e to s)#* amo)nt $eC)ested :y Bo$$o,e$ fo$ t*e same %e$&od of t&me as s)#* Inte$est 8e$&od offe$ed :y maLo$ :an7s &n Ne, Yo$7 C&ty at a%%$o(&mate+y 11@00 a"m" -Ne, Yo$7 t&me/ on t*e LIBOR 9ete$m&nat&on 9ate" In t*e e5ent t*at Adm&n&st$at&5e Agent &s )na:+e to o:ta&n any s)#* C)otat&on as %$o5&ded a:o5e, &t ,&++ :e deemed t*at t*e LIBOR Base Rate #annot :e dete$m&ned" 4o$ %)$%oses of t*e fo$ego&ng def&n&t&on, .9o, Mones 8age <=>0. means t*e d&s%+ay des&gnated as .8age <=>0. on t*e 9o, Mones Ma$7ets !e$5&#e -o$ s)#* ot*e$ %age as may $e%+a#e 8age <=>0 on t*at se$5&#e o$ s)#* ot*e$ se$5&#e as may :e nom&nated :y t*e B$&t&s* Ban7e$s? Asso#&at&on as t*e &nfo$mat&on 5endo$ fo$ t*e %)$%ose of d&s%+ay&ng B$&t&s* Ban7e$s? Asso#&at&on Inte$est !ett+ement Rates fo$ 9o++a$ de%os&ts/0 and .Re)te$s !#$een LIBOR 8age. means t*e d&s%+ay des&gnated as %age .LIBOR. on t*e Re)te$s Mon&to$ Money Rates !e$5&#e -o$ s)#* ot*e$ %age as may $e%+a#e t*e LIBOR %age on t*at se$5&#e fo$ t*e %)$%ose of d&s%+ay&ng &nte$:an7 $ates f$om London &n 9o++a$s/" .LIBOR B&d Ma$g&n. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"02-#/-2/" .LIBOR B&d Rate. means t*e $ate %e$ ann)m eC)a+ to t*e s)m of -1/ t*e LIBOR Inte$est Rate fo$ t*e LIBOR B&d Rate Loan and Inte$est 8e$&od &n C)est&on and -2/ t*e LIBOR B&d Ma$g&n" .LIBOR B&d Rate Loan. means a B&d Rate Loan :ea$&ng &nte$est at t*e LIBOR B&d Rate"

.LIBOR Inte$est Rate. means, fo$ any LIBOR Loan o$ LIBOR B&d Rate Loan, a $ate %e$ ann)m -$o)nded )%,a$ds, &f ne#essa$y, to t*e nea$est 1G100 of 1F/ dete$m&ned :y Adm&n&st$at&5e Agent to :e eC)a+ to t*e C)ot&ent of -1/ t*e LIBOR Base Rate fo$ s)#* LIBOR Loan o$ LIBOR B&d Rate Loan, as t*e #ase may :e, fo$ t*e Inte$est 8e$&od t*e$efo$ d&5&ded :y -2/ one m&n)s t*e LIBOR Rese$5e ReC)&$ement fo$ s)#* LIBOR Loan o$ LIBOR B&d Rate Loan, as t*e #ase may :e, fo$ s)#* Inte$est 8e$&od" .LIBOR Loan. means a++ o$ any %o$t&on -as t*e #onte(t $eC)&$es/ of any Ban7?s Rata:+e Loan ,*&#* s*a++ a##$)e &nte$est at $ate-s/ dete$m&ned &n $e+at&on to LIBOR Inte$est Rate-s/" .LIBOR Rese$5e ReC)&$ement. means, fo$ any LIBOR Loan o$ LIBOR B&d Rate Loan, t*e a5e$age ma(&m)m $ate at ,*&#* $ese$5es -&n#+)d&ng any ma$g&na+, s)%%+ementa+ o$ eme$gen#y $ese$5es/ a$e $eC)&$ed to :e ma&nta&ned d)$&ng t*e Inte$est 8e$&od fo$ s)#* LIBOR Loan o$ LIBOR B&d Rate Loan )nde$ Reg)+at&on 9 :y mem:e$ :an7s of t*e 4ede$a+ Rese$5e !ystem &n Ne, Yo$7 C&ty ,&t* de%os&ts e(#eed&ng B1,000,000,000 aga&nst .E)$o#)$$en#y +&a:&+&t&es. -as s)#* te$m &s )sed &n Reg)+at&on 9/" N&t*o)t +&m&t&ng t*e effe#t of t*e fo$ego&ng, t*e LIBOR Rese$5e ReC)&$ement s*a++ a+so $ef+e#t any ot*e$ $ese$5es $eC)&$ed to :e ma&nta&ned :y s)#* mem:e$ :an7s :y $eason of any Reg)+ato$y C*ange aga&nst -1/ any #atego$y of +&a:&+&t&es ,*&#* &n#+)des de%os&ts :y $efe$en#e to ,*&#* t*e LIBOR Base Rate &s to :e dete$m&ned as %$o5&ded &n t*e def&n&t&on of .LIBOR Base Rate. &n t*&s !e#t&on 1"01 o$ -2/ any #atego$y of e(tens&ons of #$ed&t o$ ot*e$ assets ,*&#* &n#+)de +oans t*e &nte$est $ate on ,*&#* &s dete$m&ned on t*e :as&s of $ates $efe$$ed to &n sa&d def&n&t&on of .LIBOR Base Rate." .L&en. means any mo$tgage, deed of t$)st, %+edge, negat&5e %+edge, se#)$&ty &nte$est, *y%ot*e#at&on, ass&gnment fo$ #o++ate$a+ %)$%oses, de%os&t a$$angement, +&en -stat)to$y o$ ot*e$/, o$ ot*e$ se#)$&ty ag$eement o$ #*a$ge of any 7&nd o$ nat)$e ,*atsoe5e$ of any t*&$d %a$ty -e(#+)d&ng any $&g*t of setoff :)t &n#+)d&ng, ,&t*o)t +&m&tat&on, any #ond&t&ona+ sa+e o$ ot*e$ t&t+e $etent&on ag$eement, any f&nan#&ng +ease *a5&ng s):stant&a++y t*e same e#onom&# effe#t as any of t*e fo$ego&ng, and t*e f&+&ng of any f&nan#&ng statement )nde$ t*e n&fo$m Comme$#&a+ Code o$ #om%a$a:+e La, of any L)$&sd&#t&on to e5&den#e any of t*e fo$ego&ng and #a$$&e$s, ,a$e*o)semen, me#*an&#s and ot*e$ s&m&+a$ &n#*oate +&ens t*at *a5e :een &ns)$ed aga&nst &n a manne$ $easona:+y sat&sfa#to$y to CoD Agents/" .Loan. means, ,&t* $es%e#t to ea#* Ban7, #o++e#t&5e+y, &ts Rata:+e Loan and B&d Rate Loan-s/, and, &n t*e #ase of t*e !,&ng Lende$, &ts !,&ng Loan-s/" .Loan Comm&tment. means, ,&t* $es%e#t to ea#* Ban7, t*e o:+&gat&on to ma7e a Rata:+e Loan &n t*e %$&n#&%a+ amo)nt set fo$t* :e+o, -s):Le#t to #*ange &n a##o$dan#e ,&t* t*e te$ms of t*&s Ag$eement/@ Ban7 C*ase 4+eet Ban7 of Ame$&#a, N"A" 4&$st n&on Nat&ona+ Ban7 C&t&#o$% Rea+ Estate, In#" Le*man Comme$#&a+ 8a%e$ In#" Ban7e$s T$)st Com%any Am!o)t* Ban7 B Loan Comm&tment >>,000,000 >>,000,000 >>,000,000 >>,000,000 >>,000,000 4>,000,000 <>,000,000 <0,000,000

2eyBan7 Nat&ona+ Asso#&at&on 8NC Ban7, Nat&ona+ Asso#&at&on !o)t*T$)st Ban7 Come$&#a Ban7 !)nT$)st Ban7 TOTAL@ B

2>,000,000 2>,000,000 2>,000,000 20,000,000 20,000,000 >00,000,000

.Loan 9o#)ments. means t*&s Ag$eement, t*e Notes, t*e A)t*o$&'at&on Lette$ and t*e !o+5en#y Ce$t&f&#ate" .MaLo$&ty Ban7s. means at any t&me t*e Ban7s *a5&ng 8$o Rata !*a$es agg$egat&ng at +east >1F0 %$o5&ded, *o,e5e$, t*at d)$&ng t*e e(&sten#e of an E5ent of 9efa)+t, t*e .MaLo$&ty Ban7s. s*a++ :e t*e Ban7s *o+d&ng at +east >1F of t*e t*en agg$egate )n%a&d %$&n#&%a+ amo)nt of t*e Loans" 4o$ %)$%oses of t*&s def&n&t&on, a Ban7?s Loan s*a++ :e deemed to &n#+)de &ts %a$t&#&%at&ng &nte$est &n !,&ng Loans %)$s)ant to !e#t&on 2"1=-#/ and t*e !,&ng Lende$?s Loans s*a++ :e deemed to e(#+)de s)#* %a$t&#&%at&ng &nte$ests of ot*e$ Ban7s" .Mate$&a+ Ad5e$se C*ange. means an effe#t $es)+t&ng f$om any #&$#)mstan#e o$ e5ent o$ se$&es of #&$#)mstan#es o$ e5ents, of ,*ate5e$ nat)$e, ,*&#* does o$ #o)+d $easona:+y :e e(%e#ted to, on mo$e t*an an &nte$&m :as&s, e&t*e$ -1/ mate$&a++y and ad5e$se+y &m%a&$ t*e a:&+&ty of Bo$$o,e$ and &ts Conso+&dated B)s&nesses, ta7en as a ,*o+e, to f)+f&++ &ts mate$&a+ o:+&gat&ons o$ -2/ #a)se a 9efa)+t" .Mate$&a+ Aff&+&ates. means t*e Aff&+&ates of Bo$$o,e$ des#$&:ed on EJ1IBIT C, toget*e$ ,&t* -o$ e(#+)d&ng/ any Aff&+&ates of Bo$$o,e$ ,*&#* a$e *e$eafte$ f$om t&me to t&me $easona:+y dete$m&ned :y Adm&n&st$at&5e Agent to :e mate$&a+ -o$ no +onge$ mate$&a+/, )%on ,$&tten not&#e to Bo$$o,e$, :ased on t*e most $e#ent Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements" .Mat)$&ty 9ate. means May 24, 2004, s):Le#t to e(tens&on &n a##o$dan#e ,&t* !e#t&on 2"1K" .Moody?s. means Moody?s In5esto$s !e$5&#e, In#" .M)+t&em%+oye$ 8+an. means a 8+an def&ned as s)#* &n !e#t&on <-<=/ of ERI!A to ,*&#* #ont$&:)t&ons *a5e :een made :y Bo$$o,e$ o$ any ERI!A Aff&+&ate and ,*&#* &s #o5e$ed :y T&t+e IV of ERI!A" .Ne, Ban7. and .Ne, Note. *a5e t*e $es%e#t&5e mean&ngs s%e#&f&ed &n !e#t&on 2"1;" .Note. and .Notes. *a5e t*e $es%e#t&5e mean&ngs s%e#&f&ed &n !e#t&on 2"0K" .O:+&gat&ons. means ea#* and e5e$y o:+&gat&on, #o5enant and ag$eement of Bo$$o,e$, no, o$ *e$eafte$ e(&st&ng, #onta&ned &n t*&s Ag$eement, and any of t*e ot*e$ Loan 9o#)ments, ,*et*e$ fo$ %$&n#&%a+, $e&m:)$sement o:+&gat&ons, &nte$est, fees, e(%enses, &ndemn&t&es o$ ot*e$,&se, and any amendments o$ s)%%+ements t*e$eto, e(tens&ons o$ $ene,a+s t*e$eof o$ $e%+a#ements t*e$efo$, &n#+)d&ng :)t not +&m&ted to a++ &nde:tedness, o:+&gat&ons and +&a:&+&t&es of Bo$$o,e$ to Adm&n&st$at&5e Agent and any Ban7 no, e(&st&ng o$ *e$eafte$ &n#)$$ed )nde$ o$ a$&s&ng o)t of o$ &n #onne#t&on ,&t* t*e Notes, t*&s Ag$eement, t*e ot*e$ Loan 9o#)ments, and any do#)ments o$ &nst$)ments e(e#)ted &n #onne#t&on t*e$e,&t*0 &n ea#* #ase ,*et*e$ d&$e#t o$ &nd&$e#t, Lo&nt o$ se5e$a+, a:so+)te o$ #ont&ngent, +&C)&dated o$ )n+&C)&dated, no, o$ *e$eafte$ e(&st&ng, $ene,ed o$ $est$)#t)$ed, ,*et*e$ o$ not f$om t&me to t&me de#$eased o$ e(t&ng)&s*ed and +ate$ &n#$eased, #$eated o$ &n#)$$ed, and &n#+)d&ng a++ &nde:tedness of Bo$$o,e$, )nde$ any &nst$)ment no, o$ *e$eafte$ e5&den#&ng o$ se#)$&ng any of t*e fo$ego&ng"

.8a$ent. means, ,&t* $es%e#t to any Ban7, any 8e$son #ont$o++&ng s)#* Ban7" .8a$t&#&%ant. and .8a$t&#&%at&on. *a5e t*e $es%e#t&5e mean&ngs s%e#&f&ed &n !e#t&on 12"0>" .8BGC. means t*e 8ens&on Benef&t G)a$anty Co$%o$at&on and any ent&ty s)##eed&ng to any o$ a++ of &ts f)n#t&ons )nde$ ERI!A" .8e$son. means an &nd&5&d)a+, %a$tne$s*&%, #o$%o$at&on, +&m&ted +&a:&+&ty #om%any, :)s&ness t$)st, Lo&nt sto#7 #om%any, t$)st, )n&n#o$%o$ated asso#&at&on, Lo&nt 5ent)$e, Go5e$nmenta+ A)t*o$&ty o$ ot*e$ ent&ty of ,*ate5e$ nat)$e" .8+an. means any em%+oyee :enef&t o$ ot*e$ %+an esta:+&s*ed o$ ma&nta&ned, o$ to ,*&#* #ont$&:)t&ons *a5e :een made, :y Bo$$o,e$ o$ any ERI!A Aff&+&ate and ,*&#* &s #o5e$ed :y T&t+e IV of ERI!A o$ to ,*&#* !e#t&on 412 of t*e Code a%%+&es" .%$esen#e., ,*en )sed &n #onne#t&on ,&t* any En5&$onmenta+ 9&s#*a$ge o$ 1a'a$do)s Mate$&a+s, means and &n#+)des %$esen#e, gene$at&on, man)fa#t)$e, &nsta++at&on, t$eatment, )se, sto$age, *and+&ng, $e%a&$, en#a%s)+at&on, d&s%osa+, t$ans%o$tat&on, s%&++, d&s#*a$ge and $e+ease" .8$&me Rate. means t*e 5a$&a:+e %e$ ann)m $ate of &nte$est des&gnated f$om t&me to t&me :y 4+eet Nat&ona+ Ban7 at &ts %$&n#&%a+ off&#e &n Boston, Massa#*)setts as &ts .%$&me $ate. -&t :e&ng )nde$stood t*at t*e .%$&me $ate. &s a $efe$en#e $ate and does not ne#essa$&+y $e%$esent t*e +o,est o$ :est $ate :e&ng #*a$ged to any #)stome$/" .8$o Rata !*a$e. means, fo$ %)$%oses of t*&s Ag$eement and ,&t* $es%e#t to ea#* Ban7, a f$a#t&on, t*e n)me$ato$ of ,*&#* &s t*e amo)nt of s)#* Ban7?s Loan Comm&tment and t*e denom&nato$ of ,*&#* &s t*e Tota+ Loan Comm&tment" .8$o*&:&ted T$ansa#t&on. means any t$ansa#t&on %$os#$&:ed :y !e#t&on 40E of ERI!A o$ !e#t&on 4;=> of t*e Code and to ,*&#* no stat)to$y o$ adm&n&st$at&5e e(em%t&on a%%+&es" .Rata:+e Loan. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"01-:/" .Rata:+e Loan Note. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"0K" .Re#o)$se 9e:t. means 9e:t, $e#o)$se fo$ t*e sat&sfa#t&on of ,*&#* &s not +&m&ted to s%e#&f&ed #o++ate$a+" .Ref)nded !,&ng Loans. and .Ref)nd&ng 9ate. *a5e t*e $es%e#t&5e mean&ngs s%e#&f&ed &n !e#t&on 2"1=" .Reg)+at&on 9. means Reg)+at&on 9 of t*e Boa$d of Go5e$no$s of t*e 4ede$a+ Rese$5e !ystem" .Reg)+at&on . means Reg)+at&on of t*e Boa$d of Go5e$no$s of t*e 4ede$a+ Rese$5e !ystem"

.Reg)+ato$y C*ange. means, ,&t* $es%e#t to any Ban7, any #*ange afte$ t*e date of t*&s Ag$eement &n n&ted !tates fede$a+, state, m)n&#&%a+ o$ fo$e&gn +a,s o$ $eg)+at&ons -&n#+)d&ng Reg)+at&on 9/ o$ t*e ado%t&on o$ ma7&ng afte$ s)#* date of any &nte$%$etat&ons, d&$e#t&5es o$ $eC)ests a%%+y&ng to a #+ass of :an7s &n#+)d&ng s)#* Ban7 of o$ )nde$ any n&ted !tates, fede$a+, state, m)n&#&%a+ o$ fo$e&gn +a,s o$ $eg)+at&ons -,*et*e$ o$ not *a5&ng t*e fo$#e of +a,/ :y any #o)$t o$ go5e$nmenta+ o$ moneta$y a)t*o$&ty #*a$ged ,&t* t*e &nte$%$etat&on o$ adm&n&st$at&on t*e$eof" .Re%o$ta:+e E5ent. means any of t*e e5ents set fo$t* &n !e#t&on 404<-#/ of ERI!A, ot*e$ t*an t*ose e5ents as to ,*&#* t*e t*&$ty -<0/ day not&#e %e$&od &s ,a&5ed )nde$ s):se#t&ons "1<, "14, "1E, "1K, "1; o$ "20 of 8BGC Reg" O2E1>"

.ReC)ested In#$ease. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1;" %o$t&on of Tota+ O)tstand&ng Inde:tedness t*at &s se#)$ed" .!*o$tfa++. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1;"

.!e#)$ed Inde:tedness. means t*at

.!o+5en#y Ce$t&f&#ate. means a #e$t&f&#ate &n t*e fo$m of EJ1IBIT 9, to :e de+&5e$ed :y Bo$$o,e$ %)$s)ant to t*e te$ms of t*&s Ag$eement" .!o+5ent. means, ,*en )sed ,&t* $es%e#t to any 8e$son, t*at t*e fa&$ 5a+)e of t*e %$o%e$ty of s)#* 8e$son, on a go&ng #on#e$n :as&s, &s g$eate$ t*an t*e tota+ amo)nt of +&a:&+&t&es -&n#+)d&ng, ,&t*o)t +&m&tat&on, #ont&ngent +&a:&+&t&es/ of s)#* 8e$son" .!H8. means !tanda$d and 8oo$?s Rat&ngs !e$5&#es, a d&5&s&on of M#G$a,D1&++ Com%an&es" .!)%e$DMaLo$&ty Ban7s. means at any t&me t*e Ban7s *a5&ng 8$o Rata !*a$es agg$egat&ng at +east EED 2G<F0 %$o5&ded,*o,e5e$, t*at d)$&ng t*e e(&sten#e of an E5ent of 9efa)+t, t*e .!)%e$DMaLo$&ty Ban7s. s*a++ :e t*e Ban7s *o+d&ng at +east EED2G<F of t*e t*en agg$egate )n%a&d %$&n#&%a+ amo)nt of t*e Loans" 4o$ %)$%oses of t*&s def&n&t&on, a Ban7?s Loan s*a++ :e deemed to &n#+)de &ts %a$t&#&%at&ng &nte$est &n !,&ng Loans %)$s)ant to !e#t&on 2"1=-#/ and t*e !,&ng Lende$?s Loans s*a++ :e deemed to e(#+)de s)#* %a$t&#&%at&ng &nte$ests of ot*e$ Ban7s" .!)%%+ementa+ 4ee Lette$. means, #o++e#t&5e+y, t*ose #e$ta&n +ette$ ag$eements, ea#* dated on o$ %$&o$ to t*e date *e$eof, :et,een Bo$$o,e$ and ea#* of C*ase and 4+eet" .!)%%+ementa+ Note. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1;" .!,&ng Lende$. means 4+eet &n &ts #a%a#&ty as t*e +ende$ )nde$ t*e !,&ng Loan fa#&+&ty des#$&:ed &n !e#t&on 2"1=, and &ts s)##esso$s &n s)#* #a%a#&ty" .!,&ng Loan. means a +oan made :y t*e !,&ng Lende$ %)$s)ant to !e#t&on 2"1=" .!,&ng Loan Comm&tment. means B20,000,000" .!,&ng Loan Note. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"0K" .!,&ng Loan Ref)nd Amo)nt. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1=" .!ynd&#at&on Agent. means T*e C*ase Man*attan Ban7" .!ynd&#at&on E(%&$at&on 9ate. *as t*e mean&ng s%e#&f&ed &n !e#t&on 2"1;" .Tota+ Loan Comm&tment. means an amo)nt eC)a+ to t*e agg$egate amo)nt of a++ Loan Comm&tments -&"e", &n&t&a++y, B>00,000,000/, as t*e same may &n#$ease %)$s)ant to !e#t&on 2"1; o$ de#$ease %)$s)ant to !e#t&on 2"10" .Tota+ O)tstand&ng Inde:tedness. means, at any t&me, t*e s)m, ,&t*o)t d)%+&#at&on, of -1/ Conso+&dated O)tstand&ng Inde:tedness0 -2/ Bo$$o,e$?s !*a$e of MV Com:&ned O)tstand&ng Inde:tedness0 and -</ Cont&ngent O:+&gat&ons" . MV Com:&ned O)tstand&ng Inde:tedness. means, as of any t&me, a++ &nde:tedness and +&a:&+&ty fo$ :o$$o,ed money, se#)$ed o$ )nse#)$ed, of t*e MV?s, on a #om:&ned :as&s, &n#+)d&ng mo$tgage and ot*e$ notes %aya:+e :)t e(#+)d&ng any &nde:tedness ,*&#* &s ma$g&n &nde:tedness on #as* and #as* eC)&5a+ent se#)$&t&es, a++ as $ef+e#ted &n t*e :a+an#e s*eets of ea#* of t*e MVs, %$e%a$ed &n a##o$dan#e ,&t* GAA8"

. MVs. means t*e )n#onso+&dated Lo&nt 5ent)$es -&n#+)d&ng gene$a+ and +&m&ted %a$tne$s*&%s/ &n ,*&#* Bo$$o,e$ o,ns a :enef&#&a+ &nte$est and ,*&#* a$e a##o)nted fo$ )nde$ t*e eC)&ty met*od &n Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements" . nen#)m:e$ed Asset Va+)e. means, as of t*e end of any #a+enda$ C)a$te$, nen#)m:e$ed Com:&ned EBIT9A fo$ s)#* C)a$te$, ann)a+&'ed -&"e", m)+t&%+&ed :y fo)$ -4//, #a%&ta+&'ed at a $ate of K"=>F %e$ ann)m -&"e", d&5&ded :y K"=>F/" . nen#)m:e$ed Com:&ned EBIT9A. means t*at %o$t&on of Com:&ned EBIT9A att$&:)ta:+e to nen#)m:e$ed N*o++yDO,ned Assets -ass)m&ng #o$%o$ate o5e$*ead &s a++o#ated %$o%o$t&onate+y to nen#)m:e$ed N*o++yDO,ned Assets/" . nen#)m:e$ed N*o++yDO,ned Assets. means &n#omeD%$od)#&ng assets, $ef+e#ted on Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements, ,*o++y o,ned, d&$e#t+y o$ &nd&$e#t+y, :y Bo$$o,e$ ,*&#* -1/ a$e not, and t*e d&$e#t o$ &nd&$e#t &nte$ests of Bo$$o,e$ t*e$e&n a$e not, s):Le#t to any L&en to se#)$e a++ o$ any %o$t&on of !e#)$ed Inde:tedness o$ any ot*e$ en#)m:$an#es ,*&#*, &n t*e $easona:+e L)dgment of CoDAgents, may d&m&n&s* t*e 5a+)e of t*e asset &n C)est&on and -2/ #om%+&es ,&t* t*e o##)%an#y $eC)&$ements set fo$t* &n t*e &mmed&ate+y fo++o,&ng senten#e" In o$de$ to C)a+&fy as an nen#)m:e$ed N*o++yDO,ned Asset fo$ a %a$t&#)+a$ #a+enda$ C)a$te$ an asset m)st -1/ *a5e a5e$age o##)%an#y fo$ t*e t,e+5e -12/Dmont* %e$&od end&ng ,&t* s)#* C)a$te$ of K>F o$ mo$e and -2/ *a5e a5e$age C)a$te$+y o##)%an#y fo$ at +east t*$ee -</ of t*e fo)$ -4/ #a+enda$ C)a$te$s d)$&ng s)#* t,e+5e -12/D mont* %e$&od of K>F o$ mo$e" . nse#)$ed Inde:tedness. means t*at %o$t&on of Tota+ O)tstand&ng Inde:tedness t*at &s )nse#)$ed" . nse#)$ed Inte$est E(%ense. means t*at %o$t&on of Inte$est E(%ense $e+at&ng to nse#)$ed Inde:tedness" !e#t&on 1"02 A##o)nt&ng Te$ms" A++ a##o)nt&ng te$ms not s%e#&f&#a++y def&ned *e$e&n s*a++ :e #onst$)ed &n a##o$dan#e ,&t* GAA8, and a++ f&nan#&a+ data $eC)&$ed to :e de+&5e$ed *e$e)nde$ s*a++ :e %$e%a$ed &n a##o$dan#e ,&t* GAA8" !e#t&on 1"0< Com%)tat&on of T&me 8e$&ods" E(#e%t as ot*e$,&se %$o5&ded *e$e&n, &n t*&s Ag$eement, &n t*e #om%)tat&on of %e$&ods of t&me f$om a s%e#&f&ed date to a +ate$ s%e#&f&ed date, t*e ,o$d .f$om. means .f$om and &n#+)d&ng. and ,o$ds .to. and .)nt&+. ea#* means .to :)t e(#+)d&ng." !e#t&on 1"04 R)+es of Const$)#t&on" E(#e%t as %$o5&ded ot*e$,&se, ,*en )sed &n t*&s Ag$eement -1/ .o$. &s not e(#+)s&5e0 -2/ a $efe$en#e to a La, &n#+)des any amendment, mod&f&#at&on o$ s)%%+ement to, o$ $e%+a#ement of, s)#* La,0 -</ a $efe$en#e to a 8e$son &n#+)des &ts %e$m&tted s)##esso$s and %e$m&tted ass&gns0 -4/ a++ te$ms )sed &n t*e s&ng)+a$ s*a++ *a5e a #o$$e+at&5e mean&ng ,*en )sed &n t*e %+)$a+ and 5&#e 5e$sa0 ->/ a $efe$en#e to an ag$eement, &nst$)ment o$ do#)ment s*a++ &n#+)de s)#* ag$eement, &nst$)ment o$ do#)ment as t*e same may :e amended, mod&f&ed o$ s)%%+emented f$om t&me to t&me &n a##o$dan#e ,&t* &ts te$ms and as %e$m&tted :y t*e Loan 9o#)ments0 -E/ a++ $efe$en#es to A$t&#+es, !e#t&ons o$ E(*&:&ts s*a++ :e to A$t&#+es, !e#t&ons and E(*&:&ts of t*&s Ag$eement )n+ess ot*e$,&se &nd&#ated0 -=/ .*e$e)nde$., .*e$e&n., .*e$eof. and t*e +&7e $efe$ to t*&s Ag$eement as a ,*o+e0 and -K/ a++ E(*&:&ts to t*&s Ag$eement s*a++ :e &n#o$%o$ated &nto t*&s Ag$eement" ARTICLE II T1E LOAN! !e#t&on 2"01 Rata:+e Loans0 B&d Rate Loans0 8)$%ose"

-a/ !):Le#t to t*e te$ms and #ond&t&ons of t*&s Ag$eement, t*e Ban7s ag$ee to ma7e +oans to Bo$$o,e$ as %$o5&ded &n t*&s A$t&#+e II"

-:/ Ea#* of t*e Ban7s se5e$a++y ag$ees to ma7e a +oan to Bo$$o,e$ -ea#* s)#* +oan :y a Ban7, a .Rata:+e Loan./ &n an amo)nt )% to &ts Loan Comm&tment %)$s)ant to ,*&#* t*e Ban7 s*a++ f$om t&me to t&me ad5an#e and $eDad5an#e to Bo$$o,e$ an amo)nt eC)a+ to &ts 8$o Rata !*a$e of t*e e(#ess -t*e .A5a&+a:+e Tota+ Loan Comm&tment./ of t*e Tota+ Loan Comm&tment o5e$ t*e s)m of -1/ a++ %$e5&o)s ad5an#es -&n#+)d&ng B&d Rate Loans and !,&ng Loans/ made :y t*e Ban7s ,*&#* $ema&n )n%a&d and -2/ t*e o)tstand&ng amo)nt of a++ Lette$s of C$ed&t" N&t*&n t*e +&m&ts set fo$t* *e$e&n, Bo$$o,e$ may :o$$o, f$om t&me to t&me )nde$ t*&s %a$ag$a%* -:/ and %$e%ay f$om t&me to t&me %)$s)ant to !e#t&on 2"0; -s):Le#t, *o,e5e$, to t*e $est$&#t&ons on %$e%ayment set fo$t* &n sa&d !e#t&on/, and t*e$eafte$ $eD:o$$o, %)$s)ant to t*&s %a$ag$a%* -:/" T*e Rata:+e Loans may :e o)tstand&ng as -1/ Base Rate Loans0 -2/ LIBOR Loans0 o$ -</ a #om:&nat&on of t*e fo$ego&ng, as Bo$$o,e$ s*a++ e+e#t and not&fy Adm&n&st$at&5e Agent &n a##o$dan#e ,&t* !e#t&on 2"14" T*e LIBOR Loan, B&d Rate Loan and Base Rate Loan of ea#* Ban7 s*a++ :e ma&nta&ned at s)#* Ban7?s A%%+&#a:+e Lend&ng Off&#e" -#/ In add&t&on to Rata:+e Loans %)$s)ant to %a$ag$a%* -:/ a:o5e, so +ong as Bo$$o,e$?s C$ed&t Rat&ng &s BBBD o$ *&g*e$ :y !H8 o$ Baa< o$ *&g*e$ :y Moody?s o$ an eC)&5a+ent $at&ng :y anot*e$ nat&ona++yD$e#ogn&'ed $at&ng agen#y, as $easona:+y a%%$o5ed :y Adm&n&st$at&5e Agent, one o$ mo$e Ban7s may, at Bo$$o,e$?s $eC)est and &n t*e&$ so+e d&s#$et&on, ma7e nonD$ata:+e +oans ,*&#* s*a++ :ea$ &nte$est at t*e LIBOR B&d Rate o$ t*e A:so+)te B&d Rate &n a##o$dan#e ,&t* !e#t&on 2"02 -s)#* +oans :e&ng $efe$$ed to &n t*&s Ag$eement as .B&d Rate Loans./" Bo$$o,e$ may :o$$o, B&d Rate Loans f$om t&me to t&me %)$s)ant to t*&s %a$ag$a%* -#/ &n an amo)nt )% to t*e A5a&+a:+e Tota+ Loan Comm&tment at t*e t&me of t*e :o$$o,&ng -ta7&ng &nto a##o)nt any $e%ayments of t*e Loans made s&m)+taneo)s+y t*e$e,&t*/ and s*a++ $e%ay s)#* B&d Rate Loans as $eC)&$ed :y !e#t&on 2"0K, and &t may t*e$eafte$ $eD:o$$o, %)$s)ant to t*&s %a$ag$a%* -#/0 %$o5&ded, *o,e5e$, t*at t*e agg$egate o)tstand&ng %$&n#&%a+ amo)nt of B&d Rate Loans at any %a$t&#)+a$ t&me s*a++ not e(#eed t*e B&d Bo$$o,&ng L&m&t" -d/ T*e o:+&gat&ons of t*e Ban7s )nde$ t*&s Ag$eement a$e se5e$a+, and no Ban7 s*a++ :e $es%ons&:+e fo$ t*e fa&+)$e of any ot*e$ Ban7 to ma7e any ad5an#e of a Loan to :e made :y s)#* ot*e$ Ban7" 1o,e5e$, t*e fa&+)$e of any Ban7 to ma7e any ad5an#e of t*e Loan to :e made :y &t *e$e)nde$ on t*e date s%e#&f&ed t*e$efo$ s*a++ not $e+&e5e any ot*e$ Ban7 of &ts o:+&gat&on to ma7e any ad5an#e of &ts Loan s%e#&f&ed *e$e:y to :e made on s)#* date" -e/ Bo$$o,e$ s*a++ )se t*e %$o#eeds of t*e Loans fo$ gene$a+ #a%&ta+ and ,o$7&ng #a%&ta+ $eC)&$ements of Bo$$o,e$ and &ts Conso+&dated B)s&nesses and MVs -,*&#* s*a++ &n#+)de, :)t not :e +&m&ted to, A#C)&s&t&ons andGo$ #osts &n#)$$ed &n #onne#t&on ,&t* t*e de5e+o%ment, #onst$)#t&on o$ $e#onst$)#t&on of m)+t&Dfam&+y $ea+ estate %$o%e$t&es/" In no e5ent s*a++ %$o#eeds of t*e Loans :e )sed &n a manne$ t*at ,o)+d 5&o+ate Reg)+at&on o$ &n #onne#t&on ,&t* a *ost&+e a#C)&s&t&on" !e#t&on 2"02 B&d Rate Loans"

-a/ N*en Bo$$o,e$ ,&s*es to $eC)est offe$s f$om t*e Ban7s to ma7e B&d Rate Loans, &t s*a++ t$ansm&t to Adm&n&st$at&5e Agent :y fa#s&m&+e a $eC)est -a .B&d Rate A)ote ReC)est./ s):stant&a++y &n t*e fo$m of EJ1IBIT GD1 so as to :e $e#e&5ed not +ate$ t*an 12@00 Noon -Ne, Yo$7 t&me/ on -(/ t*e f&ft* Ban7&ng 9ay %$&o$ to t*e date fo$ f)nd&ng of t*e LIBOR B&d Rate Loan-s/ %$o%osed t*e$e&n &n t*e #ase of a LIBOR A)#t&on o$ -y/ t*e se#ond Ban7&ng 9ay %$&o$ to t*e date fo$ f)nd&ng of t*e A:so+)te B&d Rate Loan-s/ %$o%osed t*e$e&n &n t*e #ase of an A:so+)te Rate A)#t&on, s%e#&fy&ng@ -1/ t*e %$o%osed date of f)nd&ng of t*e B&d Rate Loan-s/, ,*&#* s*a++ :e a Ban7&ng 9ay0

-2/ t*e agg$egate amo)nt of t*e B&d Rate Loans $eC)ested, ,*&#* s*a++ :e B>,000,000 o$ a +a$ge$ &nteg$a+ m)+t&%+e of B>00,0000 -</ t*e d)$at&on of t*e Inte$est 8e$&od-s/ a%%+&#a:+e t*e$eto, s):Le#t to t*e %$o5&s&ons of t*e def&n&t&on of .Inte$est 8e$&od. &n !e#t&on 1"01 and t*e %$o5&s&ons of !e#t&on 2"0>0 and -4/ ,*et*e$ t*e B&d Rate A)otes $eC)ested a$e to set fo$t* a LIBOR B&d Ma$g&n -to :e )sed to #om%)te t*e LIBOR B&d Rate/ o$ an A:so+)te B&d Rate"

Bo$$o,e$ may $eC)est offe$s to ma7e B&d Rate Loans fo$ mo$e t*an one -1/ Inte$est 8e$&od &n a s&ng+e B&d Rate A)ote ReC)est" No mo$e t*an t,o -2/ B&d Rate A)ote ReC)ests may :e s):m&tted :y Bo$$o,e$ d)$&ng any #a+enda$ mont* and no mo$e t*an t,entyDfo)$ -24/ B&d Rate A)ote ReC)ests %e$ yea$ may :e s):m&tted :y Bo$$o,e$" -:/ 8$om%t+y -t*e same day, &f %oss&:+e/ )%on $e#e&%t of a B&d Rate A)ote ReC)est, Adm&n&st$at&5e Agent s*a++ send to t*e Ban7s :y fa#s&m&+e an &n5&tat&on -an .In5&tat&on fo$ B&d Rate A)otes./ s):stant&a++y &n t*e fo$m of EJ1IBIT GD2, ,*&#* s*a++ #onst&t)te an &n5&tat&on :y Bo$$o,e$ to t*e Ban7s to s):m&t B&d Rate A)otes offe$&ng to ma7e B&d Rate Loans to ,*&#* s)#* B&d Rate A)ote ReC)est $e+ates &n a##o$dan#e ,&t* t*&s !e#t&on" -#/ -1/ Ea#* Ban7 may s):m&t a B&d Rate A)ote #onta&n&ng an offe$ o$ offe$s to ma7e B&d Rate Loans &n $es%onse to any In5&tat&on fo$ B&d Rate A)otes" Ea#* B&d Rate A)ote m)st #om%+y ,&t* t*e $eC)&$ements of t*&s %a$ag$a%* -#/ and m)st :e s):m&tted to Adm&n&st$at&5e Agent :y fa#s&m&+e not +ate$ t*an -(/ 2@00 %"m" -Ne, Yo$7 t&me/ on t*e fo)$t* Ban7&ng 9ay %$&o$ to t*e %$o%osed date of t*e LIBOR B&d Rate Loan-s/ &n t*e #ase of a LIBOR A)#t&on o$ -y/ ;@<0 a"m" -Ne, Yo$7 t&me/ on t*e Ban7&ng 9ay &mmed&ate+y %$e#ed&ng t*e %$o%osed date of t*e A:so+)te B&d Rate Loan-s/ &n t*e #ase of an A:so+)te Rate A)#t&on0 %$o5&ded t*at B&d Rate A)otes s):m&tted :y Adm&n&st$at&5e Agent -o$ any Aff&+&ate of Adm&n&st$at&5e Agent/ &n &ts #a%a#&ty as a Ban7 may :e s):m&tted, and may on+y :e s):m&tted, &f Adm&n&st$at&5e Agent o$ s)#* Aff&+&ate not&f&es Bo$$o,e$ of t*e te$ms of t*e offe$ o$ offe$s #onta&ned t*e$e&n not +ate$ t*an -(/ one -1/ *o)$ %$&o$ to t*e dead+&ne fo$ t*e ot*e$ Ban7s &n t*e #ase of a LIBOR A)#t&on o$ -y/ t*&$ty -<0/ m&n)tes %$&o$ to t*e dead+&ne fo$ t*e ot*e$ Ban7s &n t*e #ase of an A:so+)te Rate A)#t&on" Any B&d Rate A)ote so made s*a++ -s):Le#t to Bo$$o,e$?s sat&sfa#t&on of t*e #ond&t&ons %$e#edent set fo$t* &n t*&s Ag$eement to &ts ent&t+ement to an ad5an#e/ :e &$$e5o#a:+e e(#e%t ,&t* t*e ,$&tten #onsent of Adm&n&st$at&5e Agent g&5en on t*e &nst$)#t&ons of Bo$$o,e$" B&d Rate Loans to :e f)nded %)$s)ant to a B&d Rate A)ote may, as %$o5&ded &n !e#t&on 12"1E, :e f)nded :y a Ban7?s 9es&gnated Lende$" A Ban7 ma7&ng a B&d Rate A)ote s*a++, &f t*en 7no,n, s%e#&fy &n &ts B&d Rate A)ote ,*et*e$ t*e $e+ated B&d Rate Loans a$e &ntended to :e f)nded :y s)#* Ban7?s 9es&gnated Lende$, as %$o5&ded &n !e#t&on 12"1E, %$o5&ded,*o,e5e$, t*at ,*et*e$ o$ not t*e same &s s%e#&f&ed &n a Ban7?s B&d Rate A)ote, s)#* Ban7?s B&d Rate Loan-s/ may :e f)nded :y &ts 9es&gnated Lende$ at t*e t&me of f)nd&ng t*e$eof" -2/ s%e#&fy@ -&/ t*e %$o%osed date of f)nd&ng of t*e B&d Rate Loan-s/0 Ea#* B&d Rate A)ote s*a++ :e &n s):stant&a++y t*e fo$m of EJ1IBIT GD< and s*a++ &n any #ase

-&&/ t*e %$&n#&%a+ amo)nt of t*e B&d Rate Loan-s/ fo$ ,*&#* ea#* s)#* offe$ &s :e&ng made, ,*&#* %$&n#&%a+ amo)nt -,/ may :e g$eate$ t*an o$ +ess t*an t*e Loan Comm&tment of t*e C)ot&ng Ban7, -(/ m)st :e &n t*e agg$egate B>,000,000 o$ a +a$ge$ &nteg$a+ m)+t&%+e of B>00,000, -y/ may not e(#eed t*e %$&n#&%a+ amo)nt of B&d Rate Loans fo$ ,*&#* offe$s ,e$e $eC)ested and -'/ may :e s):Le#t to an agg$egate +&m&tat&on as to t*e %$&n#&%a+ amo)nt of B&d Rate Loans fo$ ,*&#* offe$s :e&ng made :y s)#* C)ot&ng Ban7 may :e a##e%ted0 -&&&/ &n t*e #ase of a LIBOR A)#t&on, t*e ma$g&n a:o5e o$ :e+o, t*e a%%+&#a:+e LIBOR Inte$est Rate -t*e .LIBOR B&d Ma$g&n./ offe$ed fo$ ea#* s)#* LIBOR B&d Rate Loan, e(%$essed as a %e$#entage %e$ ann)m -s%e#&f&ed to t*e nea$est 1G1,000t* of 1F/ to :e added to -o$ s):t$a#ted f$om/ t*e a%%+&#a:+e LIBOR Inte$est Rate0 -&5/ &n t*e #ase of an A:so+)te Rate A)#t&on, t*e $ate of &nte$est, e(%$essed as a %e$#entage %e$ ann)m -s%e#&f&ed to t*e nea$est 1G1,000t* of 1F/ -t*e .A:so+)te B&d Rate./, offe$ed fo$ ea#* s)#* A:so+)te B&d Rate Loan0 -5/ -5&/ t*e a%%+&#a:+e Inte$est 8e$&od0 and t*e &dent&ty of t*e C)ot&ng Ban7"

A B&d Rate A)ote may set fo$t* )% to t*$ee -</ se%a$ate offe$s :y t*e C)ot&ng Ban7 ,&t* $es%e#t to ea#* Inte$est 8e$&od s%e#&f&ed &n t*e $e+ated In5&tat&on fo$ B&d Rate A)otes" -</ Any B&d Rate A)ote s*a++ :e d&s$ega$ded &f &t@

-&/ &s not s):stant&a++y &n #onfo$m&ty ,&t* EJ1IBIT GD< o$ does not s%e#&fy a++ of t*e &nfo$mat&on $eC)&$ed :y s):D%a$ag$a%* -#/-2/ a:o5e0 -&&/ #onta&ns C)a+&fy&ng, #ond&t&ona+ o$ s&m&+a$ +ang)age -e(#e%t fo$ an agg$egate +&m&tat&on as %$o5&ded &n s):D%a$ag$a%* -#/-2/-&&/ a:o5e/0 -&&&/ %$o%oses te$ms ot*e$ t*an o$ &n add&t&on to t*ose set fo$t* &n t*e a%%+&#a:+e In5&tat&on fo$ B&d Rate A)otes0 o$ -&5/ a$$&5es afte$ t*e t&me set fo$t* &n s):D%a$ag$a%* -#/-1/ a:o5e"

-d/ Adm&n&st$at&5e Agent s*a++ -(/ not +ate$ t*an <@00 %"m" -Ne, Yo$7 t&me/ on t*e fo)$t* Ban7&ng 9ay %$&o$ to t*e %$o%osed date of f)nd&ng of t*e LIBOR B&d Rate Loan-s/ &n t*e #ase of a LIBOR A)#t&on o$ -y/ not +ate$ t*an 10@<0 a"m" -Ne, Yo$7 t&me/ on t*e Ban7&ng 9ay &mmed&ate+y %$e#ed&ng t*e %$o%osed date of f)nd&ng of t*e A:so+)te B&d Rate Loan-s/ &n t*e #ase of an A:so+)te Rate A)#t&on, not&fy Bo$$o,e$ &n ,$&t&ng of t*e te$ms of any B&d Rate A)ote s):m&tted :y a Ban7 t*at &s &n a##o$dan#e ,&t* %a$ag$a%* -#/" In add&t&on, Adm&n&st$at&5e Agent s*a++, on t*e Ban7&ng 9ay of &ts $e#e&%t t*e$eof, not&fy Bo$$o,e$ &n ,$&t&ng of any B&d Rate A)ote t*at amends, mod&f&es o$ &s ot*e$,&se &n#ons&stent ,&t* a %$e5&o)s B&d Rate A)ote s):m&tted :y s)#* Ban7 ,&t* $es%e#t to t*e same B&d Rate A)ote ReC)est" Any s)#* s):seC)ent B&d Rate A)ote s*a++ :e d&s$ega$ded :y Adm&n&st$at&5e Agent )n+ess s)#* s):seC)ent B&d Rate A)ote &s s):m&tted so+e+y to #o$$e#t a man&fest e$$o$ &n s)#* fo$me$ B&d Rate A)ote" Adm&n&st$at&5e Agent?s not&#e to Bo$$o,e$ s*a++ s%e#&fy -A/ t*e agg$egate %$&n#&%a+ amo)nt of B&d Rate Loans fo$ ,*&#* offe$s *a5e :een $e#e&5ed fo$ ea#* Inte$est 8e$&od s%e#&f&ed &n t*e $e+ated B&d Rate A)ote ReC)est, -B/ t*e $es%e#t&5e %$&n#&%a+ amo)nts, LIBOR B&d Ma$g&ns and A:so+)te B&d Rates so offe$ed and -C/ &f a%%+&#a:+e, +&m&tat&ons on t*e agg$egate %$&n#&%a+ amo)nt of B&d Rate Loans fo$ ,*&#* offe$s &n any s&ng+e B&d Rate A)ote may :e a##e%ted" -e/ Not +ate$ t*an ;@<0 a"m" -Ne, Yo$7 t&me/ on -(/ t*e t*&$d Ban7&ng 9ay %$&o$ to t*e %$o%osed date of f)nd&ng of t*e LIBOR B&d Rate Loan &n t*e #ase of a LIBOR A)#t&on o$ -y/ t*e Ban7&ng 9ay &mmed&ate+y %$e#ed&ng t*e %$o%osed date of f)nd&ng of t*e A:so+)te B&d Rate Loan &n t*e #ase of an A:so+)te Rate A)#t&on, Bo$$o,e$ s*a++ not&fy Adm&n&st$at&5e Agent of &ts a##e%tan#e o$ nonDa##e%tan#e of t*e offe$s so not&f&ed to &t %)$s)ant to %a$ag$a%* -d/" If Bo$$o,e$ fa&+s to not&fy Adm&n&st$at&5e Agent of &ts a##e%tan#e of s)#* offe$s, &t s*a++ :e deemed to *a5e $eLe#ted s)#* offe$s" A not&#e of a##e%tan#e s*a++ :e s):stant&a++y &n t*e fo$m of EJ1IBIT GD4 and s*a++ s%e#&fy t*e agg$egate %$&n#&%a+ amo)nt of offe$s fo$ ea#* Inte$est 8e$&od t*at a$e a##e%ted" Bo$$o,e$ may a##e%t any B&d Rate A)ote &n ,*o+e o$ &n %a$t0 %$o5&ded t*at@ -&/ t*e %$&n#&%a+ amo)nt of ea#* B&d Rate Loan may not e(#eed t*e a%%+&#a:+e amo)nt set fo$t* &n t*e $e+ated B&d Rate A)ote ReC)est o$ :e +ess t*an B>00,000 %e$ Ban7 and s*a++ :e an &nteg$a+ m)+t&%+e of B100,0000 -&&/ a##e%tan#e of offe$s ,&t* $es%e#t to a %a$t&#)+a$ Inte$est 8e$&od may on+y :e made on t*e :as&s of as#end&ng LIBOR B&d Ma$g&ns o$ A:so+)te B&d Rates, as t*e #ase may :e, offe$ed fo$ s)#* Inte$est 8e$&od f$om t*e +o,est effe#t&5e #ost0 and -&&&/ Bo$$o,e$ may not a##e%t any offe$ t*at &s des#$&:ed &n s):D%a$ag$a%* -#/-</ o$ t*at ot*e$,&se fa&+s to #om%+y ,&t* t*e $eC)&$ements of t*&s Ag$eement" -f/ If offe$s a$e made :y t,o -2/ o$ mo$e Ban7s ,&t* t*e same LIBOR B&d Ma$g&ns o$ A:so+)te B&d Rates, as t*e #ase may :e, fo$ a g$eate$ agg$egate %$&n#&%a+ amo)nt t*an t*e amo)nt &n $es%e#t of ,*&#* s)#* offe$s a$e a##e%ted fo$ t*e $e+ated Inte$est 8e$&od, t*e %$&n#&%a+ amo)nt of B&d Rate Loans &n $es%e#t of ,*&#* s)#* offe$s a$e a##e%ted s*a++ :e a++o#ated :y Adm&n&st$at&5e Agent among s)#* Ban7s as nea$+y as %oss&:+e -&n m)+t&%+es of B100,000, as Adm&n&st$at&5e Agent may deem a%%$o%$&ate/ &n %$o%o$t&on to t*e agg$egate %$&n#&%a+ amo)nts of s)#* offe$s" Adm&n&st$at&5e Agent s*a++ %$om%t+y -and &n any e5ent ,&t*&n one -1/ Ban7&ng 9ay afte$ s)#* offe$s a$e a##e%ted/ not&fy Bo$$o,e$ and ea#* s)#* Ban7 &n ,$&t&ng of any s)#* a++o#at&on of B&d Rate Loans" 9ete$m&nat&ons :y Adm&n&st$at&5e Agent of t*e a++o#at&on of B&d Rate Loans s*a++ :e #on#+)s&5e &n t*e a:sen#e of man&fest e$$o$"

-g/ In t*e e5ent t*at Bo$$o,e$ a##e%ts t*e offe$-s/ #onta&ned &n one -1/ o$ mo$e B&d Rate A)otes &n a##o$dan#e ,&t* %a$ag$a%* -e/, t*e Ban7-s/ ma7&ng s)#* offe$-s/ s*a++ ma7e a B&d Rate Loan &n t*e a##e%ted amo)nt -as a++o#ated, &f ne#essa$y, %)$s)ant to %a$ag$a%* -f// on t*e date s%e#&f&ed t*e$efo$, &n a##o$dan#e ,&t* t*e %$o#ed)$es s%e#&f&ed &n !e#t&on 2"04, and s)#* B&d Rate Loan s*a++ :ea$ &nte$est at t*e a##e%ted LIBOR B&d Rate o$ A:so+)te B&d Rate, as t*e #ase may :e, fo$ t*e a%%+&#a:+e Inte$est 8e$&od" -*/ Not,&t*stand&ng anyt*&ng to t*e #ont$a$y #onta&ned *e$e&n, ea#* Ban7 s*a++ :e $eC)&$ed to f)nd &ts 8$o Rata !*a$e of t*e A5a&+a:+e Tota+ Loan Comm&tment &n a##o$dan#e ,&t* !e#t&on 2"01-:/ des%&te t*e fa#t t*at any Ban7?s Loan Comm&tment may *a5e :een o$ may :e e(#eeded as a $es)+t of s)#* Ban7?s ma7&ng B&d Rate Loans" -&/ A Ban7 ,*o &s not&f&ed t*at &t *as :een se+e#ted to ma7e a B&d Rate Loan as %$o5&ded a:o5e may des&gnate &ts 9es&gnated Lende$ -&f any/ to f)nd s)#* B&d Rate Loan on &ts :e*a+f, as des#$&:ed &n !e#t&on 12"1E" Any 9es&gnated Lende$ ,*&#* f)nds a B&d Rate Loan s*a++ on and afte$ t*e t&me of s)#* f)nd&ng :e#ome t*e o:+&gee )nde$ s)#* B&d Rate Loan and :e ent&t+ed to $e#e&5e %ayment t*e$eof ,*en d)e" No Ban7 s*a++ :e $e+&e5ed of &ts o:+&gat&on to f)nd a B&d Rate Loan, and no 9es&gnated Lende$ s*a++ ass)me s)#* o:+&gat&on, %$&o$ to t*e t&me t*e a%%+&#a:+e B&d Rate Loan &s f)nded" -L/ Adm&n&st$at&5e Agent s*a++ %$om%t+y not&fy ea#* Ban7 ,*&#* s):m&tted a B&d Rate A)ote of Bo$$o,e$?s a##e%tan#e o$ nonDa##e%tan#e t*e$eof" At t*e $eC)est of any Ban7 ,*&#* s):m&tted a B&d Rate A)ote, Adm&n&st$at&5e Agent ,&++ %$om%t+y not&fy a++ Ban7s ,*&#* s):m&tted B&d Rate A)otes of -a/ t*e agg$egate %$&n#&%a+ amo)nt of, and -:/ t*e $ange of A:so+)te B&d Rates o$ LIBOR B&d Ma$g&ns of, t*e a##e%ted B&d Rate Loans fo$ ea#* $eC)ested Inte$est 8e$&od" !e#t&on 2"0< Ad5an#es, Gene$a++y" T*e In&t&a+ Ad5an#e s*a++ :e &n t*e m&n&m)m amo)nt of B>00,000 and &n &nteg$a+ m)+t&%+es of B100,000 a:o5e s)#* amo)nt and s*a++ :e made )%on sat&sfa#t&on of t*e #ond&t&ons set fo$t* &n !e#t&on 4"01" !):seC)ent ad5an#es s*a++ :e made no mo$e f$eC)ent+y t*an t,&#e ,ee7+y t*e$eafte$, )%on sat&sfa#t&on of t*e #ond&t&ons set fo$t* &n !e#t&on 4"02" T*e amo)nt of ea#* ad5an#e s):seC)ent to t*e In&t&a+ Ad5an#e s*a++ :e &n t*e m&n&m)m amo)nt of B>00,000 -)n+ess +ess t*an B>00,000 &s a5a&+a:+e fo$ d&s:)$sement %)$s)ant to t*e te$ms *e$eof at t*e t&me of any s):seC)ent ad5an#e, &n ,*&#* #ase t*e amo)nt of s)#* s):seC)ent ad5an#e s*a++ :e eC)a+ to s)#* $ema&n&ng a5a&+a:&+&ty/ and &n &nteg$a+ m)+t&%+es of B100,000 a:o5e s)#* amo)nt" Add&t&ona+ $est$&#t&ons on t*e amo)nts and t&m&ng of, and #ond&t&ons to t*e ma7&ng of, ad5an#es of B&d Rate Loans a$e set fo$t* &n !e#t&on 2"02" !e#t&on 2"04 8$o#ed)$es fo$ Ad5an#es" In t*e #ase of ad5an#es of Rata:+e Loans *e$e)nde$, Bo$$o,e$ s*a++ s):m&t to Adm&n&st$at&5e Agent a $eC)est fo$ ea#* ad5an#e, stat&ng t*e amo)nt $eC)ested and #e$t&fy&ng t*e %)$%ose, &n gene$a+ te$ms, fo$ ,*&#* s)#* ad5an#e &s to :e )sed, no +ate$ t*an 11@00 a"m" -Ne, Yo$7 t&me/ on t*e date, &n t*e #ase of ad5an#es of Base Rate Loans, ,*&#* &s one -1/ Ban7&ng 9ay, and, &n t*e #ase of ad5an#es of LIBOR Loans, ,*&#* &s t*$ee -</ Ban7&ng 9ays, %$&o$ to t*e date t*e ad5an#e &s to :e made" In t*e #ase of ad5an#es of !,&ng Loans *e$e)nde$, Bo$$o,e$ s*a++ s):m&t to Adm&n&st$at&5e Agent a $eC)est fo$ s)#* ad5an#e, stat&ng t*e amo)nt $eC)ested and #e$t&fy&ng t*e %)$%ose, &n gene$a+ te$ms, fo$ ,*&#* s)#* ad5an#e &s to :e )sed, no +ate$ t*an 11@00 a"m" -Ne, Yo$7 t&me/ on t*e date ,*&#* &s one -1/ Ban7&ng 9ay %$&o$ to t*e date t*e ad5an#e &s to :e made" In t*e #ase of ad5an#es of B&d Rate Loans *e$e)nde$, Bo$$o,e$ s*a++ s):m&t a B&d Rate A)ote ReC)est at t*e t&me s%e#&f&ed &n !e#t&on 2"02, a##om%an&ed :y a #e$t&f&#at&on of t*e %)$%ose, &n gene$a+ te$ms, fo$ ,*&#* t*e ad5an#e &s to :e )sed" Adm&n&st$at&5e Agent, on t*e Ban7&ng 9ay of &ts $e#e&%t and a%%$o5a+ of t*e $eC)est fo$ ad5an#e, ,&++ so not&fy t*e Ban7s -o$, &n t*e #ase of !,&ng Loans, t*e !,&ng Lende$/ e&t*e$ :y te+e%*one o$ :y fa#s&m&+e" Not +ate$ t*an 11@00 a"m" -Ne, Yo$7 t&me/ on t*e date of ea#* ad5an#e, ea#* Ban7 -&n t*e #ase of Rata:+e Loans/ o$ t*e a%%+&#a:+e Ban7-s/ -&n t*e #ase of B&d Rate Loans/ o$ t*e !,&ng Lende$ -&n t*e #ase of !,&ng Loans/ s*a++, t*$o)g* &ts A%%+&#a:+e Lend&ng Off&#e and s):Le#t to t*e #ond&t&ons of t*&s Ag$eement, ma7e t*e amo)nt to :e ad5an#ed :y &t on s)#* day a5a&+a:+e to Adm&n&st$at&5e Agent, at Adm&n&st$at&5e Agent?s Off&#e and &n &mmed&ate+y a5a&+a:+e f)nds fo$ t*e a##o)nt of Bo$$o,e$" T*e amo)nt so $e#e&5ed :y Adm&n&st$at&5e Agent s*a++, s):Le#t to t*e #ond&t&ons of t*&s Ag$eement, :e made a5a&+a:+e to Bo$$o,e$, &n &mmed&ate+y a5a&+a:+e f)nds, :y Adm&n&st$at&5e Agent?s #$ed&t&ng an a##o)nt of Bo$$o,e$ des&gnated :y Bo$$o,e$ and ma&nta&ned ,&t* Adm&n&st$at&5e Agent at Adm&n&st$at&5e Agent?s Off&#e" !e#t&on 2"0> Inte$est 8e$&ods0 Rene,a+s" In t*e #ase of t*e LIBOR Loans and B&d Rate Loans, Bo$$o,e$ s*a++ se+e#t an Inte$est 8e$&od of any d)$at&on &n a##o$dan#e ,&t* t*e def&n&t&on of Inte$est 8e$&od &n !e#t&on 1"01,

s):Le#t to t*e fo++o,&ng +&m&tat&ons@ -1/ no Inte$est 8e$&od may e(tend :eyond t*e Mat)$&ty 9ate0 and -2/ &f an Inte$est 8e$&od ,o)+d end on a day ,*&#* &s not a Ban7&ng 9ay, s)#* Inte$est 8e$&od s*a++ :e e(tended to t*e ne(t Ban7&ng 9ay, )n+ess s)#* Ban7&ng 9ay ,o)+d fa++ &n t*e ne(t #a+enda$ mont*, &n ,*&#* e5ent s)#* Inte$est 8e$&od s*a++ end on t*e &mmed&ate+y %$e#ed&ng Ban7&ng 9ay" On+y t,e+5e -12/ d&s#$ete segments of a Ban7?s Rata:+e Loan :ea$&ng &nte$est at a LIBOR Inte$est Rate, fo$ a des&gnated Inte$est 8e$&od, %)$s)ant to a %a$t&#)+a$ E+e#t&on, Con5e$s&on o$ Cont&n)at&on, may :e o)tstand&ng at any one t&me -ea#* s)#* segment of ea#* Ban7?s Rata:+e Loan #o$$es%ond&ng to a %$o%o$t&onate segment of ea#* of t*e ot*e$ Ban7s? Rata:+e Loans/" %on not&#e to Adm&n&st$at&5e Agent as %$o5&ded &n !e#t&on 2"14, Bo$$o,e$ may Cont&n)e any LIBOR Loan on t*e +ast day of t*e Inte$est 8e$&od of t*e same o$ d&ffe$ent d)$at&on &n a##o$dan#e ,&t* t*e +&m&tat&ons %$o5&ded a:o5e" If Bo$$o,e$ s*a++ fa&+ to g&5e not&#e to Adm&n&st$at&5e Agent of s)#* a Cont&n)at&on, s)#* LIBOR Loan s*a++ a)tomat&#a++y :e#ome a LIBOR Loan ,&t* an Inte$est 8e$&od of one -1/ mont* on t*e +ast day of t*e #)$$ent Inte$est 8e$&od" Adm&n&st$at&5e Agent s*a++ not&fy ea#* of t*e Ban7s, e&t*e$ :y te+e%*one o$ :y fa#s&m&+e, at +east t,o -2/ Ban7&ng 9ays %$&o$ to t*e te$m&nat&on of t*e Inte$est 8e$&od &n C)est&on &n t*e e5ent of s)#* fa&+)$e :y Bo$$o,e$ to g&5e s)#* not&#e of Cont&n)at&on" !e#t&on 2"0E Inte$est" Bo$$o,e$ s*a++ %ay &nte$est to Adm&n&st$at&5e Agent fo$ t*e a##o)nt of t*e a%%+&#a:+e Ban7 on t*e o)tstand&ng and )n%a&d %$&n#&%a+ amo)nt of t*e Loans, at a $ate %e$ ann)m as fo++o,s@ -1/ fo$ Base Rate Loans at a $ate eC)a+ to t*e Base Rate %+)s t*e A%%+&#a:+e Ma$g&n0 -2/ fo$ LIBOR Loans at a $ate eC)a+ to t*e a%%+&#a:+e LIBOR Inte$est Rate %+)s t*e A%%+&#a:+e Ma$g&n0 -</ fo$ LIBOR B&d Rate Loans at a $ate eC)a+ to t*e a%%+&#a:+e LIBOR B&d Rate0 -4/ fo$ A:so+)te B&d Rate Loans at a $ate eC)a+ to t*e a%%+&#a:+e A:so+)te B&d Rate0 and ->/ fo$ !,&ng Loans at a t*$ee -</Dday LIBOR $ate, as dete$m&ned :y t*e !,&ng Lende$" Any %$&n#&%a+ amo)nt not %a&d ,*en d)e -,*en s#*ed)+ed, at a##e+e$at&on o$ ot*e$,&se/ s*a++ :ea$ &nte$est t*e$eafte$, %aya:+e on demand, at t*e 9efa)+t Rate" T*e &nte$est $ate on Base Rate Loans s*a++ #*ange ,*en t*e Base Rate #*anges" Inte$est on Base Rate Loans, LIBOR Loans, B&d Rate Loans and !,&ng Loans s*a++ not e(#eed t*e ma(&m)m amo)nt %e$m&tted )nde$ a%%+&#a:+e La," Inte$est s*a++ :e #a+#)+ated fo$ t*e a#t)a+ n)m:e$ of days e+a%sed on t*e :as&s of, &n t*e #ase of Base Rate Loans, LIBOR Loans, B&d Rate Loans and !,&ng Loans, t*$ee *)nd$ed s&(ty -<E0/ days" A##$)ed &nte$est s*a++ :e d)e and %aya:+e &n a$$ea$s )%on and ,&t* $es%e#t to any %ayment o$ %$e%ayment of %$&n#&%a+ and, -(/ &n t*e #ase of Base Rate Loans, LIBOR Loans and !,&ng Loans, on t*e f&$st Ban7&ng 9ay of ea#* #a+enda$ mont* and -y/ &n t*e #ase of B&d Rate Loans, at t*e e(%&$at&on of t*e Inte$est 8e$&od a%%+&#a:+e t*e$eto0 %$o5&ded, *o,e5e$, t*at &nte$est a##$)&ng at t*e 9efa)+t Rate s*a++ :e d)e and %aya:+e on demand" !e#t&on 2"0= 4ees"

-a/ Bo$$o,e$ ag$ees to %ay to and fo$ t*e a##o)nts of t*e %a$t&es s%e#&f&ed t*e$e&n, t*e fees %$o5&ded fo$ &n t*e !)%%+ementa+ 4ee Lette$" -:/ Bo$$o,e$ s*a++ %ay to Adm&n&st$at&5e Agent fo$ t*e a##o)nt of ea#* Ban7 a fa#&+&ty fee #om%)ted on t*e da&+y Loan Comm&tment of s)#* Ban7 -&$$es%e#t&5e of )sage/ at a $ate %e$ ann)m eC)a+ to t*e da&+y 4a#&+&ty 4ee Rate, #a+#)+ated on t*e :as&s of a yea$ of t*$ee *)nd$ed s&(ty -<E0/ days fo$ t*e a#t)a+ n)m:e$ of days e+a%sed" T*e a##$)ed fa#&+&ty fee s*a++ :e d)e and %aya:+e C)a$te$+y &n a$$ea$s on t*e tent* -10t*/ day of O#to:e$, Man)a$y, A%$&+ and M)+y of ea#* yea$, #ommen#&ng on t*e f&$st s)#* date afte$ t*e C+os&ng 9ate, and )%on t*e Mat)$&ty 9ate -as stated o$ :y a##e+e$at&on o$ ot*e$,&se/ o$ ea$+&e$ te$m&nat&on of t*e Loan Comm&tments" !e#t&on 2"0K Notes" T*e Rata:+e Loan made :y ea#* Ban7 )nde$ t*&s Ag$eement s*a++ :e e5&den#ed :y, and $e%a&d ,&t* &nte$est &n a##o$dan#e ,&t*, a s&ng+e %$om&sso$y note of Bo$$o,e$ &n t*e fo$m of EJ1IBIT B d)+y #om%+eted and e(e#)ted :y Bo$$o,e$, &n t*e %$&n#&%a+ amo)nt eC)a+ to s)#* Ban7?s Loan Comm&tment, %aya:+e to s)#* Ban7 fo$ t*e a##o)nt of &ts A%%+&#a:+e Lend&ng Off&#e -ea#* s)#* note, as t*e same may *e$eafte$ :e amended, mod&f&ed, e(tended, se5e$ed, ass&gned, $ene,ed o$ $estated f$om t&me to t&me, &n#+)d&ng any ne, o$ s):st&t)te notes %)$s)ant to !e#t&on 2"1;, <"0= o$ 12"0>, a .Rata:+e Loan Note./" T*e B&d Rate Loans of t*e Ban7s s*a++ :e e5&den#ed :y a s&ng+e g+o:a+ %$om&sso$y note of Bo$$o,e$, &n t*e fo$m of EJ1IBIT BD1, d)+y #om%+eted and e(e#)ted :y Bo$$o,e$, &n t*e %$&n#&%a+ amo)nt of B400,000,000, %aya:+e to Adm&n&st$at&5e Agent fo$ t*e a##o)nt of t*e $es%e#t&5e Ban7s ma7&ng B&d Rate Loans -s)#* note, as t*e same may *e$eafte$ :e amended, mod&f&ed, e(tended,

se5e$ed, ass&gned, s):st&t)ted, $ene,ed o$ $estated f$om t&me to t&me, t*e .B&d Rate Loan Note./" T*e !,&ng Loan of t*e !,&ng Lende$ s*a++ :e e5&den#ed :y, and $e%a&d ,&t* &nte$est &n a##o$dan#e ,&t*, a %$om&sso$y note of Bo$$o,e$, &n t*e fo$m of EJ1IBIT BD2, d)+y #om%+eted and e(e#)ted :y Bo$$o,e$, %aya:+e to t*e !,&ng Lende$ -s)#* note, as t*e same may *e$eafte$ :e amended, mod&f&ed e(tended, se5e$ed, ass&gned, s):st&t)ted, $ene,ed o$ $estated f$om t&me to t&me, t*e .!,&ng Loan Note./" A %a$t&#)+a$ Ban7?s Rata:+e Loan Note, toget*e$ ,&t* &ts &nte$est, &f any, &n t*e B&d Rate Loan Note, and, &n t*e #ase of t*e !,&ng Lende$, t*e !,&ng Loan Note, a$e $efe$$ed to #o++e#t&5e+y &n t*&s Ag$eement as s)#* Ban7?s .Note.0 a++ s)#* Rata:+e Loan Notes and &nte$ests and !,&ng Loan Notes a$e $efe$$ed to #o++e#t&5e+y &n t*&s Ag$eement as t*e .Notes." T*e Rata:+e Loan Notes s*a++ mat)$e, and a++ o)tstand&ng %$&n#&%a+ and a##$)ed &nte$est and ot*e$ s)ms t*e$e)nde$ s*a++ :e %a&d &n f)++, on t*e Mat)$&ty 9ate, as t*e same may :e a##e+e$ated" T*e o)tstand&ng %$&n#&%a+ amo)nt of ea#* B&d Rate Loan e5&den#ed :y t*e B&d Rate Loan Note, and a++ a##$)ed &nte$est and ot*e$ s)ms ,&t* $es%e#t t*e$eto, s*a++ :e#ome d)e and %aya:+e to t*e Ban7 ma7&ng s)#* B&d Rate Loan at t*e ea$+&e$ of t*e e(%&$at&on of t*e Inte$est 8e$&od a%%+&#a:+e t*e$eto o$ t*e Mat)$&ty 9ate, as t*e same may :e a##e+e$ated" 8$&n#&%a+ amo)nts e5&den#ed :y t*e !,&ng Loan Notes s*a++ :e#ome d)e and %aya:+e t*$ee -</ Ban7&ng 9ays afte$ sa&d amo)nts a$e ad5an#ed" Ea#* Ban7 &s *e$e:y a)t*o$&'ed :y Bo$$o,e$ to endo$se on t*e s#*ed)+e atta#*ed to t*e Rata:+e Loan Note *e+d :y &t, t*e amo)nt of ea#* ad5an#e and ea#* %ayment of %$&n#&%a+ $e#e&5ed :y s)#* Ban7 fo$ t*e a##o)nt of &ts A%%+&#a:+e Lend&ng Off&#e-s/ on a##o)nt of &ts Rata:+e Loan, ,*&#* endo$sement s*a++, &n t*e a:sen#e of man&fest e$$o$, :e #on#+)s&5e as to t*e o)tstand&ng :a+an#e of t*e Rata:+e Loan made :y s)#* Ban7" T*e !,&ng Lende$ &s *e$e:y a)t*o$&'ed :y Bo$$o,e$ to endo$se on t*e s#*ed)+e atta#*ed to t*e !,&ng Loan Note *e+d :y &t, t*e amo)nt of ea#* ad5an#e and ea#* %ayment of %$&n#&%a+ $e#e&5ed :y t*e !,&ng Lende$ fo$ t*e a##o)nt of &ts A%%+&#a:+e Lend&ng Off&#e-s/ on a##o)nt of &ts !,&ng Loan, ,*&#* endo$sement s*a++, &n t*e a:sen#e of man&fest e$$o$, :e #on#+)s&5e as to t*e o)tstand&ng :a+an#e of t*e !,&ng Loan made :y t*e !,&ng Lende$" Adm&n&st$at&5e Agent &s *e$e:y a)t*o$&'ed :y Bo$$o,e$ to endo$se on t*e s#*ed)+e atta#*ed to t*e B&d Rate Loan Note t*e amo)nt of ea#* LIBOR B&d Rate Loan andGo$ A:so+)te B&d Rate Loan, t*e name of t*e Ban7 ma7&ng t*e same, t*e date of t*e ad5an#e t*e$eof, t*e &nte$est $ate a%%+&#a:+e t*e$eto and t*e e(%&$at&on of t*e Inte$est 8e$&od a%%+&#a:+e t*e$eto -&"e", t*e mat)$&ty date t*e$eof/" T*e fa&+)$e :y Adm&n&st$at&5e Agent o$ any Ban7 to ma7e s)#* notat&ons ,&t* $es%e#t to t*e Loans o$ ea#* ad5an#e o$ %ayment s*a++ not +&m&t o$ ot*e$,&se affe#t t*e o:+&gat&ons of Bo$$o,e$ )nde$ t*&s Ag$eement o$ t*e Notes" In #ase of any +oss, t*eft, dest$)#t&on o$ m)t&+at&on of any Ban7?s Note, Bo$$o,e$ s*a++, )%on &ts $e#e&%t of an aff&da5&t of an off&#e$ of s)#* Ban7 as to s)#* +oss, t*eft, dest$)#t&on o$ m)t&+at&on and an a%%$o%$&ate &ndemn&f&#at&on, e(e#)te and de+&5e$ a $e%+a#ement Note to s)#* Ban7 &n t*e same %$&n#&%a+ amo)nt and ot*e$,&se of +&7e teno$ as t*e +ost, sto+en, dest$oyed o$ m)t&+ated Note" !e#t&on 2"0; 8$e%ayments" N&t*o)t %$e%ayment %$em&)m o$ %ena+ty :)t s):Le#t to !e#t&on <"0>, Bo$$o,e$ may, )%on at +east one -1/ Ban7&ng 9ay?s not&#e to Adm&n&st$at&5e Agent &n t*e #ase of t*e Base Rate Loans and !,&ng Loans, and at +east t*$ee -</ Ban7&ng 9ays? not&#e to Adm&n&st$at&5e Agent &n t*e #ase of LIBOR Loans, %$e%ay t*e Rata:+e Loans, %$o5&ded t*at -1/ any %a$t&a+ %$e%ayment )nde$ t*&s !e#t&on s*a++ :e &n &nteg$a+ m)+t&%+es of B>00,0000 -2/ a LIBOR Loan o$ !,&ng Loan may :e %$e%a&d at any t&me, s):Le#t, *o,e5e$, to t*e %$o5&s&ons of !e#t&on <"0>0 and -</ ea#* %$e%ayment )nde$ t*&s !e#t&on s*a++ &n#+)de a++ &nte$est a##$)ed on t*e amo)nt of %$&n#&%a+ %$e%a&d t*$o)g* t*e date of %$e%ayment" 8$e%ayment of B&d Rate Loans s*a++ not :e %e$m&tted" !e#t&on 2"10 Can#e++at&on of Comm&tments"

-a/ At any t&me, Bo$$o,e$ s*a++ *a5e t*e $&g*t, ,&t*o)t %$em&)m o$ %ena+ty, to te$m&nate any )n)sed Loan Comm&tments -&" e", to te$m&nate Loan Comm&tments to t*e e(tent of t*e A5a&+a:+e Tota+ Loan Comm&tment/ o$ )n)sed #omm&tment of t*e !,&ng Lende$ to ma7e !,&ng Loans, &n ,*o+e o$ &n %a$t, f$om t&me to t&me, %$o5&ded t*at@ -1/ Bo$$o,e$ s*a++ g&5e not&#e of ea#* s)#* te$m&nat&on to Adm&n&st$at&5e Agent and t*e !,&ng Lende$, &f a%%+&#a:+e, no +ate$ t*en 10@00 a"m" -Ne, Yo$7 t&me/ on t*e date ,*&#* &s f&fteen -1>/ Ban7&ng 9ays %$&o$ to t*e effe#t&5eness of s)#* te$m&nat&on0 -2/ t*e Loan Comm&tments of ea#* of t*e Ban7s, o$ !,&ng Lende$, as a%%+&#a:+e, m)st :e te$m&nated $ata:+y and s&m)+taneo)s+y ,&t* t*ose of t*e ot*e$ Ban7s, o$ !,&ng Lende$, as a%%+&#a:+e0 and -</ ea#* %a$t&a+ te$m&nat&on of t*e Loan Comm&tments, o$ #omm&tments to ma7e !,&ng Loans, as a ,*o+e -and #o$$es%ond&ng $ed)#t&on of t*e Tota+ Loan Comm&tment/ s*a++ :e &n an &nteg$a+ m)+t&%+e of B1,000,000" -:/ T*e Loan Comm&tments, to t*e e(tent te$m&nated, may not :e $e&nstated"

!e#t&on 2"11 Met*od of 8ayment" Bo$$o,e$ s*a++ ma7e ea#* %ayment )nde$ t*&s Ag$eement and )nde$ t*e Notes not +ate$ t*an 11@00 a"m" -Ne, Yo$7 t&me/ on t*e date ,*en d)e &n 9o++a$s to Adm&n&st$at&5e Agent at Adm&n&st$at&5e Agent?s Off&#e &n &mmed&ate+y a5a&+a:+e f)nds" Adm&n&st$at&5e Agent ,&++ t*e$eafte$, on t*e day of &ts $e#e&%t of ea#* s)#* %ayment, #a)se to :e d&st$&:)ted to ea#* Ban7 -1/ s)#* Ban7?s a%%$o%$&ate s*a$e dete$m&ned %)$s)ant to !e#t&on 10"1> of t*e %ayments of %$&n#&%a+ and &nte$est &n +&7e f)nds fo$ t*e a##o)nt of s)#* Ban7?s A%%+&#a:+e Lend&ng Off&#e0 and -2/ fees %aya:+e to s)#* Ban7 &n a##o$dan#e ,&t* t*e te$ms of t*&s Ag$eement" In t*e e5ent Adm&n&st$at&5e Agent fa&+s to %ay f)nds $e#e&5ed f$om Bo$$o,e$ to t*e Ban7s on t*e date on ,*&#* Bo$$o,e$ &s #$ed&ted ,&t* %ayment, Adm&n&st$at&5e Agent s*a++ %ay &nte$est on s)#* amo)nts at t*e 4ede$a+ 4)nds Rate )nt&+ s)#* %ayment to t*e Ban7s &s made" Bo$$o,e$ *e$e:y a)t*o$&'es Adm&n&st$at&5e Agent and t*e Ban7s, &f and to t*e e(tent %ayment :y Bo$$o,e$ &s not made ,*en d)e )nde$ t*&s Ag$eement o$ )nde$ t*e Notes, to #*a$ge f$om t&me to t&me aga&nst any a##o)nt Bo$$o,e$ ma&nta&ns ,&t* Adm&n&st$at&5e Agent o$ any Ban7 any amo)nt so d)e to Adm&n&st$at&5e Agent andGo$ t*e Ban7s" E(#e%t to t*e e(tent %$o5&ded &n t*&s Ag$eement, ,*ene5e$ any %ayment to :e made )nde$ t*&s Ag$eement o$ )nde$ t*e Notes &s d)e on any day ot*e$ t*an a Ban7&ng 9ay, s)#* %ayment s*a++ :e made on t*e ne(t s)##eed&ng Ban7&ng 9ay, and s)#* e(tens&on of t&me s*a++ &n s)#* #ase :e &n#+)ded &n t*e #om%)tat&on of t*e %ayment of &nte$est and ot*e$ fees, as t*e #ase may :e" !e#t&on 2"12 E+e#t&ons, Con5e$s&ons o$ Cont&n)at&on of Loans" !):Le#t to t*e %$o5&s&ons of A$t&#+e III and !e#t&ons 2"0> and 2"1<, Bo$$o,e$ s*a++ *a5e t*e $&g*t to E+e#t to *a5e a++ o$ a %o$t&on of any ad5an#e of t*e Rata:+e Loans :e LIBOR Loans, to Con5e$t Base Rate Loans &nto LIBOR Loans, to Con5e$t LIBOR Loans &nto Base Rate Loans, o$ to Cont&n)e LIBOR Loans as LIBOR Loans, at any t&me o$ f$om t&me to t&me, %$o5&ded t*at -1/ Bo$$o,e$ s*a++ g&5e Adm&n&st$at&5e Agent not&#e of ea#* s)#* E+e#t&on, Con5e$s&on o$ Cont&n)at&on as %$o5&ded &n !e#t&on 2"140 and -2/ a LIBOR Loan may :e Con5e$ted o$ Cont&n)ed on+y on t*e +ast day of t*e a%%+&#a:+e Inte$est 8e$&od fo$ s)#* LIBOR Loan" E(#e%t as ot*e$,&se %$o5&ded &n t*&s Ag$eement, ea#* E+e#t&on, Cont&n)at&on and Con5e$s&on s*a++ :e a%%+&#a:+e to ea#* Ban7?s Rata:+e Loan &n a##o$dan#e ,&t* &ts 8$o Rata !*a$e" !e#t&on 2"1< M&n&m)m Amo)nts" N&t* $es%e#t to t*e Rata:+e Loans as a ,*o+e, ea#* E+e#t&on and ea#* Con5e$s&on s*a++ :e &n an amo)nt at +east eC)a+ to B1,000,000 and &n &nteg$a+ m)+t&%+es of B>00,000" !e#t&on 2"14 Ce$ta&n Not&#es Rega$d&ng E+e#t&ons, Con5e$s&ons and Cont&n)at&ons of Loans " Not&#es :y Bo$$o,e$ to Adm&n&st$at&5e Agent of E+e#t&ons, Con5e$s&ons and Cont&n)at&ons of LIBOR Loans s*a++ :e &$$e5o#a:+e and s*a++ :e effe#t&5e on+y &f $e#e&5ed :y Adm&n&st$at&5e Agent not +ate$ t*an 10@<0 a"m" -Ne, Yo$7 t&me/ on t*e n)m:e$ of Ban7&ng 9ays %$&o$ to t*e date of t*e $e+e5ant E+e#t&on, Con5e$s&on o$ Cont&n)at&on s%e#&f&ed :e+o,@ N)m:e$ of Ban7&ng 9ays 8$&o$ Not&#e Con5e$s&ons &nto Base Rate Loans E+e#t&ons of, Con5e$s&ons &nto o$ Cont&n)at&ons as, LIBOR Loans t,o -2/

t*$ee -</

8$om%t+y fo++o,&ng &ts $e#e&%t of any s)#* not&#e, and no +ate$ t*an t*e #+ose of :)s&ness on t*e Ban7&ng 9ay of s)#* $e#e&%t, Adm&n&st$at&5e Agent s*a++ so ad5&se t*e Ban7s e&t*e$ :y te+e%*one o$ :y fa#s&m&+e" Ea#* s)#* not&#e of E+e#t&on s*a++ s%e#&fy t*e %o$t&on of t*e amo)nt of t*e ad5an#e t*at &s to :e LIBOR Loans -s):Le#t to !e#t&on 2"1</ and t*e d)$at&on of t*e Inte$est 8e$&od a%%+&#a:+e t*e$eto -s):Le#t to !e#t&on 2"0>/0 ea#* s)#* not&#e of Con5e$s&on s*a++ s%e#&fy t*e LIBOR Loans o$ Base Rate Loans to :e Con5e$ted0 and ea#* s)#* not&#e of Con5e$s&on o$ Cont&n)at&on s*a++ s%e#&fy t*e date of Con5e$s&on o$ Cont&n)at&on -,*&#* s*a++ :e a Ban7&ng 9ay/, t*e amo)nt t*e$eof -s):Le#t to !e#t&on 2"1</ and t*e d)$at&on of t*e Inte$est 8e$&od a%%+&#a:+e t*e$eto -s):Le#t to !e#t&on 2"0>/" In t*e e5ent t*at Bo$$o,e$ fa&+s to E+e#t to *a5e any %o$t&on of an ad5an#e of t*e Rata:+e Loans :e LIBOR Loans, t*e ent&$e amo)nt of s)#* ad5an#e s*a++ #onst&t)te Base Rate Loans" In t*e e5ent t*at Bo$$o,e$ fa&+s to Cont&n)e LIBOR Loans ,&t*&n t*e t&me %e$&od and as ot*e$,&se %$o5&ded &n t*&s !e#t&on, s)#* LIBOR Loans ,&++ a)tomat&#a++y :e#ome LIBOR Loans ,&t* an Inte$est 8e$&od of one -1/ mont* on t*e +ast day of t*e t*en #)$$ent a%%+&#a:+e Inte$est 8e$&od fo$ s)#* LIBOR Loans" Adm&n&st$at&5e Agent s*a++ not&fy ea#* of t*e Ban7s, e&t*e$ :y

te+e%*one o$ :y fa#s&m&+e, at +east t,o -2/ Ban7&ng 9ays %$&o$ to t*e te$m&nat&on of t*e Inte$est 8e$&od &n C)est&on &n t*e e5ent of s)#* fa&+)$e :y Bo$$o,e$" !e#t&on 2"1> Late 8ayment 8$em&)m" Bo$$o,e$ s*a++, at Adm&n&st$at&5e Agent?s o%t&on and )%on not&#e to Bo$$o,e$, %ay to Adm&n&st$at&5e Agent fo$ t*e a##o)nt of t*e Ban7s a +ate %ayment %$em&)m &n t*e amo)nt of 4F of any %ayments of &nte$est )nde$ t*e Loans made mo$e t*an ten -10/ days afte$ t*e d)e date t*e$eof, ,*&#* s*a++ :e d)e ,&t* any s)#* +ate %ayment" !e#t&on 2"1E Lette$s of C$ed&t"

-a/ Bo$$o,e$, :y not&#e to Adm&n&st$at&5e Agent, may $eC)est, &n +&e) of ad5an#es of %$o#eeds of t*e Rata:+e Loans, t*at Adm&n&st$at&5e Agent &ss)e )n#ond&t&ona+, &$$e5o#a:+e stand:y +ette$s of #$ed&t o$ d&$e#tD%ay +ette$s of #$ed&t -ea#*, a .Lette$ of C$ed&t./ fo$ t*e a##o)nt of Bo$$o,e$, %aya:+e :y s&g*t d$afts, fo$ s)#* :enef&#&a$&es and ,&t* s)#* ot*e$ te$ms as Bo$$o,e$ s*a++ s%e#&fy" 8$om%t+y )%on &ss)an#e of a Lette$ of C$ed&t, Adm&n&st$at&5e Agent s*a++ not&fy ea#* of t*e Ban7s" -:/ T*e amo)nt of any Lette$ of C$ed&t s*a++ :e +&m&ted to t*e +esse$ of -(/ B100,000,000 +ess t*e agg$egate amo)nt of a++ Lette$s of C$ed&t t*e$etofo$e &ss)ed o$ -y/ t*e A5a&+a:+e Tota+ Loan Comm&tment, &t :e&ng )nde$stood t*at t*e amo)nt of ea#* Lette$ of C$ed&t &ss)ed and o)tstand&ng s*a++ effe#t a $ed)#t&on, :y an eC)a+ amo)nt, of t*e A5a&+a:+e Tota+ Loan Comm&tment -s)#* $ed)#t&on to :e a++o#ated to ea#* Ban7?s Rata:+e Loan $ata:+y &n a##o$dan#e ,&t* t*e Ban7s? $es%e#t&5e 8$o Rata !*a$es/" -#/ T*e amo)nt of ea#* Lette$ of C$ed&t s*a++ :e f)$t*e$ s):Le#t to t*e +&m&tat&ons a%%+&#a:+e to amo)nts of ad5an#es set fo$t* &n !e#t&on 2"0< and t*e %$o#ed)$es fo$ t*e &ss)an#e of ea#* Lette$ of C$ed&t s*a++ :e t*e same as t*e %$o#ed)$es a%%+&#a:+e to t*e ma7&ng of ad5an#es as set fo$t* &n t*e f&$st senten#e of !e#t&on 2"04" Adm&n&st$at&5e Agent?s &ss)an#e of ea#* Lette$ of C$ed&t s*a++ :e s):Le#t to Adm&n&st$at&5e Agent?s dete$m&nat&on t*at Bo$$o,e$ *as sat&sf&ed a++ #ond&t&ons %$e#edent to &ts ent&t+ement to an ad5an#e of %$o#eeds of t*e Loans" -d/ Ea#* Lette$ of C$ed&t s*a++ e(%&$e no +ate$ t*an one -1/ mont* %$&o$ to t*e Mat)$&ty 9ate, :)t may *a5e a soD#a++ed .e5e$g$een. #+a)se a++o,&ng fo$ t*e e(tens&on of t*e e(%&$at&on date t*e$eof )%on t*e e(tens&on of t*e Mat)$&ty 9ate %)$s)ant to !e#t&on 2"1K" -e/ In #onne#t&on ,&t*, and as a f)$t*e$ #ond&t&on to t*e &ss)an#e of, ea#* Lette$ of C$ed&t, Bo$$o,e$ s*a++ e(e#)te and de+&5e$ to Adm&n&st$at&5e Agent an a%%+&#at&on fo$ t*e Lette$ of C$ed&t on Adm&n&st$at&5e Agent?s standa$d fo$m t*e$efo$, toget*e$ ,&t* s)#* ot*e$ do#)ments, o%&n&ons and ass)$an#es as Adm&n&st$at&5e Agent s*a++ $easona:+y $eC)&$e" -f/ In #onne#t&on ,&t* ea#* Lette$ of C$ed&t, Bo$$o,e$ *e$e:y #o5enants to %ay to Adm&n&st$at&5e Agent t*e fo++o,&ng fees@ -1/ a fee, %aya:+e C)a$te$+y &n a$$ea$s -on t*e f&$st Ban7&ng 9ay of ea#* #a+enda$ C)a$te$ fo++o,&ng t*e &ss)an#e of t*e Lette$ of C$ed&t/, fo$ t*e a##o)nt of t*e Ban7s, #om%)ted da&+y on t*e amo)nt of t*e Lette$ of C$ed&t &ss)ed and o)tstand&ng at a $ate %e$ ann)m eC)a+ to t*e .Ban7s? LGC 4ee Rate. -as *e$e&nafte$ def&ned/ and -2/ t*e fee, fo$ Adm&n&st$at&5e Agent?s o,n a##o)nt, $eC)&$ed :y t*e !)%%+ementa+ 4ee Lette$ :et,een Bo$$o,e$ and 4+eet" 4o$ %)$%oses of t*&s Ag$eement, t*e .Ban7s? LGC 4ee Rate. s*a++ mean, at any t&me, a $ate %e$ ann)m eC)a+ to t*e A%%+&#a:+e Ma$g&n fo$ LIBOR Loans +ess 0"12>F %e$ ann)m" It &s )nde$stood and ag$eed t*at t*e +ast &nsta++ment of t*e fees %$o5&ded fo$ &n t*&s %a$ag$a%* -f/ ,&t* $es%e#t to any %a$t&#)+a$ Lette$ of C$ed&t s*a++ :e d)e and %aya:+e on t*e f&$st day of t*e #a+enda$ C)a$te$ fo++o,&ng t*e $et)$n, )nd$a,n, o$ #an#e++at&on of s)#* Lette$ of C$ed&t and Bo$$o,e$?s $e#e&%t of not&#e f$om Adm&n&st$at&5e Agent" -g/ T*e %a$t&es *e$eto a#7no,+edge and ag$ee t*at, &mmed&ate+y )%on not&#e f$om Adm&n&st$at&5e Agent of any d$a,&ng )nde$ a Lette$ of C$ed&t, ea#* Ban7 s*a++, not,&t*stand&ng t*e e(&sten#e of a 9efa)+t o$ E5ent of 9efa)+t o$ t*e nonDsat&sfa#t&on of any #ond&t&ons %$e#edent to t*e ma7&ng of an ad5an#e of t*e Loans, ad5an#e %$o#eeds of &ts Rata:+e Loan, &n an amo)nt eC)a+ to &ts 8$o Rata !*a$e of s)#* d$a,&ng, ,*&#* ad5an#e s*a++ :e made to Adm&n&st$at&5e Agent to $e&m:)$se Adm&n&st$at&5e Agent, fo$ &ts o,n a##o)nt, fo$ s)#* d$a,&ng" Ea#* of t*e Ban7s f)$t*e$ a#7no,+edges t*at &ts o:+&gat&on to f)nd &ts 8$o Rata !*a$e of d$a,&ngs )nde$ Lette$s of C$ed&t as afo$esa&d s*a++ s)$5&5e t*e Ban7s? te$m&nat&on of t*&s Ag$eement o$ enfo$#ement of $emed&es *e$e)nde$ o$ )nde$ t*e ot*e$ Loan 9o#)ments" In t*e e5ent t*at any Rata:+e Loan #annot fo$ any $eason :e made on t*e date ot*e$,&se

$eC)&$ed a:o5e -&n#+)d&ng, ,&t*o)t +&m&tat&on, as a $es)+t of t*e #ommen#ement of a %$o#eed&ng )nde$ any a%%+&#a:+e :an7$)%t#y o$ &nso+5en#y La, ,&t* $es%e#t to Bo$$o,e$/, t*en ea#* Ban7 s*a++ %)$#*ase -on o$ as of t*e date s)#* Rata:+e Loan ,o)+d ot*e$,&se *a5e :een made/ f$om Adm&n&st$at&5e Agent a 8a$t&#&%at&on &nte$est &n any )n$e&m:)$sed d$a,&ng &n an amo)nt eC)a+ to &ts 8$o Rata !*a$e of s)#* )n$e&m:)$sed d$a,&ng" -*/ Bo$$o,e$ ag$ees, )%on t*e o##)$$en#e of an E5ent of 9efa)+t and at t*e ,$&tten $eC)est of Adm&n&st$at&5e Agent, -1/ to de%os&t ,&t* Adm&n&st$at&5e Agent #as* #o++ate$a+ &n t*e amo)nt of a++ t*e o)tstand&ng Lette$s of C$ed&t, ,*&#* #as* #o++ate$a+ s*a++ :e *e+d :y Adm&n&st$at&5e Agent as se#)$&ty fo$ Bo$$o,e$?s o:+&gat&ons &n #onne#t&on ,&t* t*e Lette$s of C$ed&t and -2/ to e(e#)te and de+&5e$ to Adm&n&st$at&5e Agent s)#* do#)ments as Adm&n&st$at&5e Agent $easona:+y $eC)ests to #onf&$m and %e$fe#t t*e ass&gnment of s)#* #as* #o++ate$a+ to Adm&n&st$at&5e Agent" !e#t&on 2"1= !,&ng Loans"

-a/ 9)$&ng t*e te$m of t*&s Ag$eement, t*e !,&ng Lende$ ag$ees, on t*e te$ms and #ond&t&ons set fo$t* &n t*&s Ag$eement, to ma7e ad5an#es to Bo$$o,e$ %)$s)ant to t*&s !e#t&on f$om t&me to t&me &n amo)nts s)#* t*at -&/ t*e agg$egate of s)#* ad5an#e and amo)nt of !,&ng Loans t*e$etofo$e ad5an#ed and st&++ o)tstand&ng does not at any t&me e(#eed t*e !,&ng Loan Comm&tment and -&&/ t*e amo)nt of s)#* ad5an#e does not e(#eed t*e A5a&+a:+e Tota+ Loan Comm&tment" Ea#* ad5an#e )nde$ t*&s !e#t&on s*a++ :e &n an agg$egate %$&n#&%a+ amo)nt of B1,000,000 o$ a +a$ge$ m)+t&%+e of B100,000 -e(#e%t t*at any s)#* ad5an#e may :e &n t*e agg$egate a5a&+a:+e amo)nt of !,&ng Loans dete$m&ned &n a##o$dan#e ,&t* t*e &mmed&ate+y %$e#ed&ng senten#e/" N&t* t*e fo$ego&ng +&m&ts, Bo$$o,e$ may :o$$o, )nde$ t*&s !e#t&on, $e%ay o$, to t*e e(tent %e$m&tted :y !e#t&on 2"0;, %$e%ay !,&ng Loans and $e:o$$o, )nde$ t*&s !e#t&on at any t&me d)$&ng t*e te$m of t*&s Ag$eement" -:/ T*e !,&ng Lende$ s*a++, on :e*a+f of Bo$$o,e$ -,*&#* *e$e:y &$$e5o#a:+y d&$e#ts t*e !,&ng Lende$ to a#t on &ts :e*a+f/, on not&#e g&5en :y t*e !,&ng Lende$ no +ate$ t*an 1@00 %"m" -Ne, Yo$7 t&me/ on t*e Ban7&ng 9ay &mmed&ate+y fo++o,&ng t*e f)nd&ng of any !,&ng Loan, $eC)est ea#* Ban7 to ma7e, and ea#* Ban7 *e$e:y ag$ees to ma7e, an ad5an#e of &ts Rata:+e Loan, &n an amo)nt -,&t* $es%e#t to ea#* Ban7, &ts .!,&ng Loan Ref)nd Amo)nt./ eC)a+ to s)#* Ban7?s 8$o Rata !*a$e of t*e agg$egate %$&n#&%a+ amo)nt of t*e !,&ng Loans -t*e .Ref)nded !,&ng Loans./ o)tstand&ng on t*e date of s)#* not&#e, to $e%ay t*e !,&ng Lende$" n+ess any of t*e e5ents des#$&:ed &n %a$ag$a%* ->/ of !e#t&on ;"01 ,&t* $es%e#t to Bo$$o,e$ s*a++ *a5e o##)$$ed and :e #ont&n)&ng -&n ,*&#* #ase t*e %$o#ed)$es of %a$ag$a%* -#/ of t*&s !e#t&on s*a++ a%%+y/, ea#* Ban7 s*a++ ma7e s)#* ad5an#e of &ts Rata:+e Loan a5a&+a:+e to Adm&n&st$at&5e Agent at Adm&n&st$at&5e Agent?s Off&#e &n &mmed&ate+y a5a&+a:+e f)nds, not +ate$ t*an 1@00 %"m" -Ne, Yo$7 t&me/, on t*e t*&$d Ban7&ng 9ay &mmed&ate+y fo++o,&ng t*e date of s)#* not&#e" Adm&n&st$at&5e Agent s*a++ %ay t*e %$o#eeds of s)#* ad5an#e of Rata:+e Loans to t*e !,&ng Lende$, ,*&#* s*a++ &mmed&ate+y a%%+y s)#* %$o#eeds to $e%ay Ref)nded !,&ng Loans" Effe#t&5e on t*e day s)#* ad5an#es of Rata:+e Loans a$e made, t*e %o$t&on of t*e !,&ng Loans so %a&d s*a++ no +onge$ :e o)tstand&ng as !,&ng Loans, s*a++ no +onge$ :e d)e as !,&ng Loans )nde$ t*e !,&ng Loan Note *e+d :y t*e !,&ng Lende$, and s*a++ :e d)e as Rata:+e Loans )nde$ t*e $es%e#t&5e Rata:+e Loan Notes &ss)ed to t*e Ban7s -&n#+)d&ng t*e !,&ng Lende$/" Bo$$o,e$ a)t*o$&'es t*e !,&ng Lende$ to #*a$ge Bo$$o,e$?s a##o)nts ,&t* Adm&n&st$at&5e Agent -)% to t*e amo)nt a5a&+a:+e &n ea#* s)#* a##o)nts/ &n o$de$ to &mmed&ate+y %ay t*e amo)nt of s)#* Ref)nded !,&ng Loans to t*e e(tent amo)nts $e#e&5ed f$om t*e Ban7s a$e not s)ff&#&ent to $e%ay &n f)++ s)#* Ref)nded !,&ng Loans" -#/ If, %$&o$ to t*e t&me ad5an#es of Rata:+e Loans ,o)+d *a5e ot*e$,&se :een made %)$s)ant to %a$ag$a%* -:/ of t*&s !e#t&on, one of t*e e5ents des#$&:ed &n %a$ag$a%* ->/ of !e#t&on ;"01 ,&t* $es%e#t to t*e Bo$$o,e$ s*a++ *a5e o##)$$ed and :e #ont&n)&ng, ea#* Ban7 s*a++, on t*e date s)#* ad5an#es ,e$e to *a5e :een made %)$s)ant to t*e not&#e $efe$$ed to &n %a$ag$a%* -:/ of t*&s !e#t&on -t*e .Ref)nd&ng 9ate./, %)$#*ase an )nd&5&ded %a$t&#&%at&ng &nte$est &n t*e !,&ng Loans &n an amo)nt eC)a+ to s)#* Ban7?s !,&ng Loan Ref)nd Amo)nt" On t*e Ref)nd&ng 9ate, ea#* Ban7 s*a++ t$ansfe$ to t*e !,&ng Lende$, &n &mmed&ate+y a5a&+a:+e f)nds, s)#* Ban7?s !,&ng Loan Ref)nd Amo)nt, and )%on $e#e&%t t*e$eof, t*e !,&ng Lende$ s*a++ de+&5e$ to s)#* Ban7 a !,&ng Loan %a$t&#&%at&on #e$t&f&#ate dated t*e date of t*e !,&ng Lende$?s $e#e&%t of s)#* f)nds and &n t*e !,&ng Loan Ref)nd Amo)nt of s)#* Ban7" -d/ N*ene5e$, at any t&me afte$ t*e !,&ng Lende$ *as $e#e&5ed f$om any Ban7 s)#* Ban7?s !,&ng Loan Ref)nd Amo)nt %)$s)ant to %a$ag$a%* -#/ of t*&s !e#t&on, t*e !,&ng Lende$ $e#e&5es any %ayment on a##o)nt of t*e !,&ng Loans &n ,*&#* t*e Ban7s *a5e %)$#*ased 8a$t&#&%at&ons %)$s)ant to sa&d %a$ag$a%* -#/, t*e !,&ng Lende$

,&++ %$om%t+y d&st$&:)te to ea#* s)#* Ban7 &ts $ata:+e s*a$e -dete$m&ned on t*e :as&s of t*e !,&ng Loan Ref)nd Amo)nts of a++ of t*e Ban7s/ of s)#* %ayment -a%%$o%$&ate+y adL)sted, &n t*e #ase of &nte$est %ayments, to $ef+e#t t*e %e$&od of t&me d)$&ng ,*&#* s)#* Ban7?s %a$t&#&%at&ng &nte$est ,as o)tstand&ng and f)nded/0 %$o5&ded, *o,e5e$, t*at &n t*e e5ent t*at s)#* %ayment $e#e&5ed :y t*e !,&ng Lende$ &s $eC)&$ed to :e $et)$ned, s)#* Ban7 ,&++ $et)$n to t*e !,&ng Lende$ any %o$t&on t*e$eof %$e5&o)s+y d&st$&:)ted to &t :y t*e !,&ng Lende$" -e/ Ea#* Ban7?s o:+&gat&on to t$ansfe$ t*e amo)nt of a Loan to t*e !,&ng Lende$ as %$o5&ded &n %a$ag$a%* -:/ of t*&s !e#t&on o$ to %)$#*ase a %a$t&#&%at&ng &nte$est %)$s)ant to %a$ag$a%* -#/ of t*&s !e#t&on s*a++ :e a:so+)te and )n#ond&t&ona+ and s*a++ not :e affe#ted :y any #&$#)mstan#e, &n#+)d&ng, ,&t*o)t +&m&tat&on, -&/ any setDoff, #o)nte$#+a&m, $e#o)%ment, defense o$ ot*e$ $&g*t ,*&#* s)#* Ban7, Bo$$o,e$ o$ any ot*e$ 8e$son may *a5e aga&nst t*e !,&ng Lende$ o$ any ot*e$ 8e$son, -&&/ t*e o##)$$en#e o$ #ont&n)an#e of a 9efa)+t o$ an E5ent of 9efa)+t, t*e te$m&nat&on o$ $ed)#t&on of t*e Loan Comm&tments o$ t*e nonDsat&sfa#t&on of any #ond&t&on %$e#edent to t*e ma7&ng of any ad5an#e of t*e Loans, -&&&/ any ad5e$se #*ange &n t*e #ond&t&on -f&nan#&a+ o$ ot*e$,&se/ of Bo$$o,e$ o$ any ot*e$ 8e$son, -&5/ any :$ea#* of t*&s Ag$eement :y Bo$$o,e$, any ot*e$ Ban7 o$ any ot*e$ 8e$son o$ -5/ any ot*e$ #&$#)mstan#e, *a%%en&ng o$ e5ent ,*atsoe5e$, ,*et*e$ o$ not s&m&+a$ to any of t*e fo$ego&ng" -f/ Not,&t*stand&ng anyt*&ng a:o5e &n t*&s !e#t&on o$ e+se,*e$e &n t*&s Ag$eement to t*e #ont$a$y, &n t*e e5ent t*at t*e !,&ng Lende$ f)nds a !,&ng Loan *e$e)nde$ ,*en &t *as a#t)a+ 7no,+edge t*at a moneta$y 9efa)+t, o$ mate$&a+ E5ent of 9efa)+t -,*&#*, fo$ t*e a5o&dan#e of do):t s*a++ &n#+)de any 5&o+at&on of any %$o5&s&on of A$t&#+e VII o$ A$t&#+e VIII/ *as o##)$$ed and &s #ont&n)&ng, t*e Ban7s s*a++ *a5e t*e o%t&on, :)t not t*e o:+&gat&on, to ma7e Rata:+e Loans to f)nd t*e&$ $ata:+e s*a$es of s)#* !,&ng Loan as #ontem%+ated &n %a$ag$a%* -:/ of t*&s !e#t&on o$ to %)$#*ase 8a$t&#&%at&ons as #ontem%+ated &n %a$ag$a%* -#/ of t*&s !e#t&on" -g/ 4o$ %)$%oses of A$t&#+e III, !,&ng Loans s*a++ :e deemed to :e LIBOR Loans"

!e#t&on 2"1K E(tens&on Of Mat)$&ty" Bo$$o,e$ s*a++ *a5e t*e o%t&on -t*e .E(tens&on O%t&on./ to e(tend t*e o$&g&na+ Mat)$&ty 9ate fo$ a %e$&od of one -1/ yea$" !):Le#t to t*e #ond&t&ons set fo$t* :e+o,, Bo$$o,e$ may e(e$#&se t*e E(tens&on O%t&on :y de+&5e$&ng a ,$&tten not&#e to Adm&n&st$at&5e Agent not +ess t*an n&nety -;0/ days %$&o$ to t*e o$&g&na+ Mat)$&ty 9ate -a .Not&#e to E(tend./, stat&ng t*at Bo$$o,e$ *as e+e#ted to e(tend t*e o$&g&na+ Mat)$&ty 9ate fo$ one -1/ yea$" Bo$$o,e$?s de+&5e$y of t*e Not&#e to E(tend s*a++ :e &$$e5o#a:+e and Bo$$o,e$?s $&g*t to e(e$#&se t*e E(tens&on O%t&on s*a++ :e s):Le#t to t*e fo++o,&ng te$ms and #ond&t&ons@ -&/ t*e$e s*a++ e(&st no E5ent of 9efa)+t on :ot* t*e date Bo$$o,e$ de+&5e$s t*e Not&#e to E(tend to Adm&n&st$at&5e Agent and on t*e o$&g&na+ Mat)$&ty 9ate, -&&/ Bo$$o,e$ s*a++ *a5e %a&d to Adm&n&st$at&5e Agent fo$ t*e a##o)nt of ea#* Ban7 an e(tens&on fee eC)a+ to 0"1>F of s)#* Ban7?s Loan Comm&tment s&m)+taneo)s+y ,&t* de+&5e$y of t*e Not&#e to E(tend and -&&&/ Bo$$o,e$ s*a++ :e &n #om%+&an#e ,&t* t*e #o5enants #onta&ned &n A$t&#+es VII and VIII, as e5&den#ed :y a #e$t&f&#ate f$om Bo$$o,e$ of t*e so$t $eC)&$ed :y %a$ag$a%* -</ of !e#t&on E"0; -:ased on f&nan#&a+ $es)+ts fo$ t*e most $e#ent #a+enda$ C)a$te$ fo$ ,*&#* Bo$$o,e$ &s $eC)&$ed to $e%o$t f&nan#&a+ $es)+ts/" !e#t&on 2"1; Add&t&ona+ Loan Comm&tments"

-a/ Bo$$o,e$ may, f$om t&me to t&me, )% to a ma(&m)m of t*$ee -</ $eC)ests, $eC)est t*e Ban7s to &n#$ease t*e&$ Loan Comm&tments, so as to &n#$ease t*e Tota+ Loan Comm&tment to an amo)nt no g$eate$ t*an t*e s)m of t*e A##o$d&on Amo)nt %+)s B>00,000,000 +ess t*e amo)nt of any $ed)#t&on of t*e Tota+ Loan Comm&tment %)$s)ant to !e#t&on 2"10" T*e &n#$ease &n t*e Tota+ Loan Comm&tment %)$s)ant to any s)#* %a$t&#)+a$ $eC)est s*a++ :e at +east an amo)nt -t*e .M&n&m)m ReC)est./ eC)a+ to t*e +esse$ of -(/ B>0,000,000 o$ -y/ t*e A##o$d&on Amo)nt +ess a++ %$e5&o)s &n#$eases &n t*e Tota+ Loan Comm&tment %)$s)ant to t*&s !e#t&on" Bo$$o,e$ s*a++ ma7e ea#* s)#* $eC)est :y g&5&ng not&#e to !ynd&#at&on Agent no +ate$ t*an fo$tyDf&5e -4>/ days %$&o$ to t*e date -t*e .!ynd&#at&on E(%&$at&on 9ate./ t*at &s t,entyDse5en -2=/ mont*s afte$ t*e C+os&ng 9ate, ,*&#* not&#e s*a++ set fo$t* t*e amo)nt -,*&#* s*a++ :e no +ess t*an t*e M&n&m)m ReC)est/ of t*e $eC)ested &n#$ease &n t*e Tota+ Loan Comm&tment -t*e .ReC)ested In#$ease./ and s)#* ot*e$ deta&+s ,&t* $es%e#t to s)#* &n#$ease as !ynd&#at&on Agent s*a++ $easona:+y $eC)est" !ynd&#at&on Agent ,&++ )se &ts :est effo$ts, ,&t* t*e ass&stan#e of Bo$$o,e$, to a$$ange a synd&#ate of Ban7s ,&t* Loan Comm&tments -&n#+)d&ng t*e t*enDe(&st&ng Loan Comm&tments/ agg$egat&ng t*e t*en e(&st&ng Tota+ Loan Comm&tment %+)s t*e ReC)ested In#$ease" %on $e#e&%t of not&#e as afo$esa&d f$om Bo$$o,e$, !ynd&#at&on Agent s*a++ %$om%t+y send a #o%y of s)#* not&#e to ea#* Ban7 and s*a++ $eC)est t*at ea#* Ban7 &n#$ease &ts Loan Comm&tment :y an amo)nt eC)a+ to &ts 8$o Rata !*a$e of t*e ReC)ested In#$ease -t*e .4&$st !o+&#&tat&on./" Ea#* Ban7 s*a++ *a5e t*e $&g*t, :)t not t*e o:+&gat&on, to &n#$ease &ts Loan Comm&tment :y an amo)nt eC)a+ to &ts 8$o

Rata !*a$e of t*e ReC)ested In#$ease, and s*a++ *a5e a %e$&od of f&fteen -1>/ days f$om t*e 4&$st !o+&#&tat&on to not&fy !ynd&#at&on Agent ,*et*e$ o$ not s)#* Ban7 e+e#ts so to &n#$ease &ts Loan Comm&tment" Any Ban7 t*at fa&+s to $es%ond to t*e 4&$st !o+&#&tat&on ,&t*&n s)#* f&fteen -1>/Dday %e$&od ,&++ :e deemed to *a5e e+e#ted not to &n#$ease &ts Loan Comm&tment" If a++ Ban7s e+e#t to &n#$ease t*e&$ $es%e#t&5e Loan Comm&tments :y amo)nts eC)a+ to t*e&$ $es%e#t&5e 8$o Rata !*a$es of t*e ReC)ested In#$ease, !ynd&#at&on Agent s*a++ so not&fy Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* of t*e Ban7s, and Bo$$o,e$ s*a++ %$o#eed &n a##o$dan#e ,&t* %a$ag$a%* -:/ :e+o," If any Ban7 -any s)#* Ban7, a .9e#+&n&ng Ban7./ s*a++ not e+e#t o$ s*a++ :e deemed to *a5e e+e#ted not to &n#$ease &ts Loan Comm&tment as afo$esa&d, -&/ t*e amo)nt of s)#* 9e#+&n&ng Ban7?s Loan Comm&tment s*a++ :e )n#*anged, -&&/ !ynd&#at&on Agent s*a++ not&fy Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* of t*e Ban7s as to ,*&#* Ban7s *a5e e+e#ted to &n#$ease t*e&$ Loan Comm&tments and :y ,*at amo)nts and -&&&/ &f Bo$$o,e$ so $eC)ests, !ynd&#at&on Agent s*a++ e&t*e$ -A/ so+&#&t f$om t*e Ban7s t*at e+e#ted to &n#$ease t*e&$ $es%e#t&5e Loan Comm&tments a f)$t*e$ &n#$ease &n t*e&$ Loan Comm&tments &n an agg$egate amo)nt eC)a+ to a++ o$ any %o$t&on of t*e agg$egate amo)nt of t*e 9e#+&n&ng Ban7s? 8$o Rata !*a$es of t*e ReC)ested In#$ease -t*e .!*o$tfa++./ o$ -B/ s):m&t a +&st of %$o%osed synd&#ate mem:e$s t*at a$e not t*en a %a$ty to t*&s Ag$eement to Bo$$o,e$ fo$ &ts $e5&e, and a%%$o5a+ -s)#* a%%$o5a+ not to :e )n$easona:+y ,&t**e+d o$ de+ayed/ &n o$de$ to o:ta&n add&t&ona+ #omm&tments &n an amo)nt eC)a+ to t*e !*o$tfa++" 4$om and afte$ t*e !ynd&#at&on E(%&$at&on 9ate, !ynd&#at&on Agent s*a++ *a5e no f)$t*e$ o:+&gat&on to synd&#ate t*e 4a#&+&ty o$ to o:ta&n o$ a##e%t any add&t&ona+ Loan Comm&tments" -:/ In #onne#t&on ,&t* &n#$eases to t*e Loan Comm&tments of some o$ a++ of t*e Ban7s as %$o5&ded &n %a$ag$a%* -a/ a:o5e, Bo$$o,e$ s*a++ e(e#)te s)%%+ementa+ Rata:+e Loan Notes -t*e .!)%%+ementa+ Notes./ e5&den#&ng s)#* &n#$eases, as ,e++ as s)#* ot*e$ #onf&$mato$y mod&f&#at&ons to t*&s Ag$eement as !ynd&#at&on Agent s*a++ $easona:+y $eC)est" In #onne#t&on ,&t* t*e add&t&on of +ende$s as a $es)+t of so+&#&tat&ons :y !ynd&#at&on Agent %)$s)ant to #+a)se -B/ of %a$ag$a%* -a/ a:o5e -.Ne, Ban7s./, Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* Ne, Ban7 s*a++ e(e#)te an A##e%tan#e Lette$ &n t*e fo$m of EJ1IBIT 1, Bo$$o,e$ s*a++ e(e#)te a Rata:+e Loan Note to ea#* Ne, Ban7 &n t*e amo)nt of t*e Ne, Ban7?s Loan Comm&tment -a .Ne, Note./ and Bo$$o,e$, Adm&n&st$at&5e Agent and t*e Ban7s s*a++ e(e#)te s)#* #onf&$mato$y mod&f&#at&ons to t*&s Ag$eement as Adm&n&st$at&5e Agent s*a++ $easona:+y $eC)est, ,*e$e)%on t*e Ne, Ban7 s*a++ :e#ome, and *a5e t*e $&g*ts and o:+&gat&ons of, a .Ban7., ,&t* a Loan Comm&tment &n t*e amo)nt set fo$t* &n s)#* A##e%tan#e Lette$" T*e Ban7s s*a++ *a5e no $&g*t of a%%$o5a+ ,&t* $es%e#t to a Ne, Ban7?s :e#om&ng a Ban7 o$ t*e amo)nt of &ts Loan Comm&tment, %$o5&ded, *o,e5e$, t*at !ynd&#at&on Agent s*a++ *a5e s)#* $&g*t of a%%$o5a+, not to :e )n$easona:+y ,&t**e+d" Ea#* !)%%+ementa+ Note and Ne, Note s*a++ #onst&t)te .Rata:+e Loan Notes. fo$ a++ %)$%oses of t*&s Ag$eement" -#/ If at t*e t&me a Ne, Ban7 :e#omes a Ban7 -o$ a Ban7 &n#$eases &ts Loan Comm&tment/ %)$s)ant to t*&s !e#t&on t*e$e &s any %$&n#&%a+ o)tstand&ng )nde$ t*e Rata:+e Loan Notes of t*e %$e5&o)s+y adm&tted Ban7s -t*e .E(&st&ng Ban7s./, s)#* Ne, Ban7 -o$ Ban7 &n#$eas&ng &ts Loan Comm&tment/ s*a++ $em&t to Adm&n&st$at&5e Agent an amo)nt eC)a+ to t*e O)tstand&ng 8e$#entage -as def&ned :e+o,/ m)+t&%+&ed :y t*e Loan Comm&tment of t*e Ne, Ban7 -o$ t*e amo)nt of t*e &n#$ease &n t*e Loan Comm&tment of a Ban7 &n#$eas&ng &ts Loan Comm&tment/, ,*&#* amo)nt s*a++ :e deemed ad5an#ed )nde$ t*e Rata:+e Loan of t*e Ne, Ban7 -o$ t*e Ban7 &n#$eas&ng &ts Loan Comm&tment/" Adm&n&st$at&5e Agent s*a++ %ay s)#* amo)nt to t*e E(&st&ng Ban7s &n a##o$dan#e ,&t* t*e E(&st&ng Ban7s? $es%e#t&5e 8$o Rata !*a$es -as #a+#)+ated &mmed&ate+y %$&o$ to t*e adm&ss&on of t*e Ne, Ban7 -o$ t*e &n#$ease &n a Ban7?s Loan Comm&tment//, and s)#* %ayment s*a++ effe#t an a)tomat&# $ed)#t&on of t*e o)tstand&ng %$&n#&%a+ :a+an#e )nde$ t*e $es%e#t&5e Rata:+e Loan Notes of t*e E(&st&ng Ban7s" 4o$ %)$%oses of t*&s !e#t&on, t*e te$m .O)tstand&ng 8e$#entage. means t*e $at&o of -&/ t*e agg$egate o)tstand&ng %$&n#&%a+ amo)nt )nde$ t*e Rata:+e Notes of t*e E(&st&ng Ban7s, &mmed&ate+y %$&o$ to t*e adm&ss&on of t*e Ne, Ban7 -o$ t*e &n#$ease &n t*e Loan Comm&tment of a Ban7/, to -&&/ t*e agg$egate of t*e Loan Comm&tments of t*e E(&st&ng Ban7s -as &n#$eased %)$s)ant to t*&s !e#t&on, &f a%%+&#a:+e/ and t*e Ne, Ban7" ARTICLE III YIEL9 8ROTECTION0 ILLEGALITY, ETC" !e#t&on <"01 Add&t&ona+ Costs" Bo$$o,e$ s*a++ %ay d&$e#t+y to ea#* Ban7 f$om t&me to t&me on demand s)#* amo)nts as s)#* Ban7 may dete$m&ne to :e ne#essa$y to #om%ensate &t fo$ any &n#$eased #osts ,*&#* s)#* Ban7 dete$m&nes a$e att$&:)ta:+e to &ts ma7&ng o$ ma&nta&n&ng a LIBOR Loan o$ a LIBOR B&d Rate Loan, o$ &ts o:+&gat&on to ma7e o$ ma&nta&n a LIBOR Loan o$ a LIBOR B&d Rate Loan, o$ &ts o:+&gat&on to Con5e$t a Base Rate Loan to a LIBOR Loan *e$e)nde$, o$ any $ed)#t&on &n any amo)nt $e#e&5a:+e :y s)#* Ban7 *e$e)nde$ &n $es%e#t of &ts LIBOR Loan o$ LIBOR B&d Rate Loan-s/ o$ s)#* o:+&gat&ons -s)#* &n#$eases &n #osts and $ed)#t&ons &n amo)nts $e#e&5a:+e :e&ng *e$e&n #a++ed .Add&t&ona+ Costs./, &n ea#* #ase $es)+t&ng f$om any Reg)+ato$y C*ange ,*&#*@

-1/ #*anges t*e :as&s of ta(at&on of any amo)nts %aya:+e to s)#* Ban7 )nde$ t*&s Ag$eement o$ t*e Notes &n $es%e#t of any s)#* LIBOR Loan o$ LIBOR B&d Rate Loan -ot*e$ t*an #*anges &n t*e $ate of gene$a+ #o$%o$ate, f$an#*&se, :$an#* %$of&t, net &n#ome o$ ot*e$ &n#ome ta( &m%osed on s)#* Ban7 o$ &ts A%%+&#a:+e Lend&ng Off&#e :y t*e L)$&sd&#t&on &n ,*&#* s)#* Ban7 *as &ts %$&n#&%a+ off&#e o$ s)#* A%%+&#a:+e Lend&ng Off&#e/0 o$ -2/ -ot*e$ t*an to t*e e(tent t*e LIBOR Rese$5e ReC)&$ement &s ta7en &nto a##o)nt &n dete$m&n&ng t*e LIBOR Rate at t*e #ommen#ement of t*e a%%+&#a:+e Inte$est 8e$&od/ &m%oses o$ mod&f&es any $ese$5e, s%e#&a+ de%os&t, de%os&t &ns)$an#e o$ assessment, m&n&m)m #a%&ta+, #a%&ta+ $at&o o$ s&m&+a$ $eC)&$ements $e+at&ng to any e(tens&ons of #$ed&t o$ ot*e$ assets of, o$ any de%os&ts ,&t* o$ ot*e$ +&a:&+&t&es of, s)#* Ban7 -&n#+)d&ng any LIBOR Loan o$ LIBOR B&d Rate Loan o$ any de%os&ts $efe$$ed to &n t*e def&n&t&on of .LIBOR Inte$est Rate. &n !e#t&on 1"01/, o$ any #omm&tment of s)#* Ban7 -&n#+)d&ng s)#* Ban7?s Loan Comm&tment *e$e)nde$/0 o$ -</ &m%oses any ot*e$ #ond&t&on affe#t&ng t*&s Ag$eement o$ t*e Notes -o$ any of s)#* e(tens&ons of #$ed&t o$ +&a:&+&t&es/" N&t*o)t +&m&t&ng t*e effe#t of t*e %$o5&s&ons of t*e f&$st %a$ag$a%* of t*&s !e#t&on, &n t*e e5ent t*at, :y $eason of any Reg)+ato$y C*ange, any Ban7 e&t*e$ -1/ &n#)$s Add&t&ona+ Costs :ased on o$ meas)$ed :y t*e e(#ess a:o5e a s%e#&f&ed +e5e+ of t*e amo)nt of a #atego$y of de%os&ts of ot*e$ +&a:&+&t&es of s)#* Ban7 ,*&#* &n#+)des de%os&ts :y $efe$en#e to ,*&#* t*e LIBOR Inte$est Rate &s dete$m&ned as %$o5&ded &n t*&s Ag$eement o$ a #atego$y of e(tens&ons of #$ed&t o$ ot*e$ assets of s)#* Ban7 ,*&#* &n#+)des +oans :ased on t*e LIBOR Inte$est Rate o$ -2/ :e#omes s):Le#t to $est$&#t&ons on t*e amo)nt of s)#* a #atego$y of +&a:&+&t&es o$ assets ,*&#* &t may *o+d, t*en, &f s)#* Ban7 so e+e#ts :y not&#e to Bo$$o,e$ -,&t* a #o%y to Adm&n&st$at&5e Agent/, t*e o:+&gat&on of s)#* Ban7 to %e$m&t E+e#t&ons of, to Cont&n)e, o$ to Con5e$t Base Rate Loans &nto, LIBOR Loans s*a++ :e s)s%ended -&n ,*&#* #ase t*e %$o5&s&ons of !e#t&on <"04 s*a++ :e a%%+&#a:+e/ )nt&+ s)#* Reg)+ato$y C*ange #eases to :e &n effe#t" 9ete$m&nat&ons and a++o#at&ons :y a Ban7 fo$ %)$%oses of t*&s !e#t&on of t*e effe#t of any Reg)+ato$y C*ange %)$s)ant to t*e f&$st o$ se#ond %a$ag$a%* of t*&s !e#t&on, on &ts #osts o$ $ate of $et)$n of ma7&ng o$ ma&nta&n&ng &ts Loan o$ %o$t&ons t*e$eof o$ on amo)nts $e#e&5a:+e :y &t &n $es%e#t of &ts Loan o$ %o$t&ons t*e$eof, and t*e amo)nts $eC)&$ed to #om%ensate s)#* Ban7 )nde$ t*&s !e#t&on, s*a++ :e &n#+)ded &n a #a+#)+at&on of s)#* amo)nts g&5en to Bo$$o,e$ and s*a++ :e #on#+)s&5e a:sent man&fest e$$o$" !e#t&on <"02 L&m&tat&on on Ty%es of Loans" Anyt*&ng *e$e&n to t*e #ont$a$y not,&t*stand&ng, &f, on o$ %$&o$ to t*e dete$m&nat&on of t*e LIBOR Inte$est Rate fo$ any Inte$est 8e$&od@ -1/ Adm&n&st$at&5e Agent $easona:+y dete$m&nes -,*&#* dete$m&nat&on s*a++ :e #on#+)s&5e/, and %$o5&des Bo$$o,e$, &n ,$&t&ng, ,&t* $easona:+e deta&+ s)%%o$t&ng s)#* dete$m&nat&on, t*at C)otat&ons of &nte$est $ates fo$ t*e $e+e5ant de%os&ts $efe$$ed to &n t*e def&n&t&on of .LIBOR Inte$est Rate. &n !e#t&on 1"01 a$e not :e&ng %$o5&ded &n t*e $e+e5ant amo)nts o$ fo$ t*e $e+e5ant mat)$&t&es fo$ %)$%oses of dete$m&n&ng $ates of &nte$est fo$ t*e LIBOR Loans o$ LIBOR B&d Rate Loans as %$o5&ded &n t*&s Ag$eement0 o$ -2/ a Ban7 $easona:+y dete$m&nes -,*&#* dete$m&nat&on s*a++ :e #on#+)s&5e/, and %$o5&des Bo$$o,e$, &n ,$&t&ng, ,&t* $easona:+e deta&+ s)%%o$t&ng s)#* dete$m&nat&on, and %$om%t+y not&f&es Adm&n&st$at&5e Agent t*at t*e $e+e5ant $ates of &nte$est $efe$$ed to &n t*e def&n&t&on of .LIBOR Inte$est Rate. &n !e#t&on 1"01 )%on t*e :as&s of ,*&#* t*e $ate of &nte$est fo$ LIBOR Loans o$ LIBOR B&d Rate Loans fo$ s)#* Inte$est 8e$&od &s to :e dete$m&ned do not adeC)ate+y #o5e$ t*e #ost to s)#* Ban7 of ma7&ng o$ ma&nta&n&ng s)#* LIBOR Loan o$ LIBOR B&d Rate Loan fo$ s)#* Inte$est 8e$&od0 t*en Adm&n&st$at&5e Agent s*a++ g&5e Bo$$o,e$ %$om%t not&#e t*e$eof, and so +ong as s)#* #ond&t&on $ema&ns &n effe#t, t*e Ban7s -o$, &n t*e #ase of t*e #&$#)mstan#es des#$&:ed &n #+a)se -2/ a:o5e, t*e affe#ted Ban7/ s*a++ :e )nde$ no o:+&gat&on to %e$m&t E+e#t&ons of LIBOR Loans, to Con5e$t Base Rate Loans &nto LIBOR Loans o$ to Cont&n)e LIBOR Loans and Bo$$o,e$ s*a++, on t*e +ast day-s/ of t*e t*en #)$$ent Inte$est 8e$&od-s/ fo$ t*e affe#ted o)tstand&ng LIBOR Loans o$ LIBOR B&d Rate Loans, e&t*e$ -(/ %$e%ay t*e affe#ted LIBOR Loans o$ LIBOR B&d Rate Loans o$ -y/ Con5e$t t*e affe#ted LIBOR Loans &nto Base Rate Loans &n a##o$dan#e ,&t* !e#t&on 2"12 o$

#on5e$t t*e $ate of &nte$est )nde$ t*e affe#ted LIBOR B&d Rate Loans to t*e $ate a%%+&#a:+e to Base Rate Loans :y fo++o,&ng t*e same %$o#ed)$es as a$e a%%+&#a:+e fo$ Con5e$s&ons &nto Base Rate Loans set fo$t* &n !e#t&on 2"12" !e#t&on <"0< I++ega+&ty" Not,&t*stand&ng any ot*e$ %$o5&s&on of t*&s Ag$eement, &n t*e e5ent t*at &t :e#omes )n+a,f)+ fo$ any Ban7 o$ &ts A%%+&#a:+e Lend&ng Off&#e to *ono$ &ts o:+&gat&on to ma7e o$ ma&nta&n a LIBOR Loan o$ LIBOR B&d Rate Loan *e$e)nde$, to a++o, E+e#t&ons o$ Cont&n)at&ons of a LIBOR Loan o$ to Con5e$t a Base Rate Loan &nto a LIBOR Loan, t*en s)#* Ban7 s*a++ %$om%t+y not&fy Adm&n&st$at&5e Agent and Bo$$o,e$ t*e$eof and s)#* Ban7?s o:+&gat&on to ma7e o$ ma&nta&n a LIBOR Loan o$ LIBOR B&d Rate Loan, o$ to %e$m&t E+e#t&ons of, to Cont&n)e, o$ to Con5e$t &ts Base Rate Loan &nto, a LIBOR Loan s*a++ :e s)s%ended -&n ,*&#* #ase t*e %$o5&s&ons of !e#t&on <"04 s*a++ :e a%%+&#a:+e/ )nt&+ s)#* t&me as s)#* Ban7 may aga&n ma7e and ma&nta&n a LIBOR Loan o$ a LIBOR B&d Rate Loan" !e#t&on <"04 T$eatment of Affe#ted Loans" If t*e o:+&gat&ons of any Ban7 to ma7e o$ ma&nta&n a LIBOR Loan o$ a LIBOR B&d Rate Loan, o$ to %e$m&t an E+e#t&on of a LIBOR Loan, to Cont&n)e &ts LIBOR Loan, o$ to Con5e$t &ts Base Rate Loan &nto a LIBOR Loan, a$e s)s%ended %)$s)ant to !e#t&ons <"01 o$ <"0< -ea#* LIBOR Loan o$ LIBOR B&d Rate Loan so affe#ted :e&ng *e$e&n #a++ed an .Affe#ted Loan./, s)#* Ban7?s Affe#ted Loan s*a++ :e a)tomat&#a++y Con5e$ted &nto a Base Rate Loan -o$, &n t*e #ase of an Affe#ted Loan t*at &s a LIBOR B&d Rate Loan, t*e &nte$est $ate t*e$eon s*a++ :e #on5e$ted to t*e $ate a%%+&#a:+e to Base Rate Loans/ on t*e +ast day of t*e t*en #)$$ent Inte$est 8e$&od fo$ t*e Affe#ted Loan -o$, &n t*e #ase of a Con5e$s&on -o$ #on5e$s&on/ $eC)&$ed :y !e#t&ons <"01 o$ <"0<, on s)#* ea$+&e$ date as s)#* Ban7 may s%e#&fy to Bo$$o,e$/" To t*e e(tent t*at s)#* Ban7?s Affe#ted Loan *as :een so Con5e$ted -o$ t*e &nte$est $ate t*e$eon so #on5e$ted/, a++ %ayments and %$e%ayments of %$&n#&%a+ ,*&#* ,o)+d ot*e$,&se :e a%%+&ed to s)#* Ban7?s Affe#ted Loan s*a++ :e a%%+&ed &nstead to &ts Base Rate Loan -o$ to &ts LIBOR B&d Rate Loan :ea$&ng &nte$est at t*e #on5e$ted $ate/ and s)#* Ban7 s*a++ *a5e no o:+&gat&on to Con5e$t &ts Base Rate Loan &nto a LIBOR Loan" !e#t&on <"0> Ce$ta&n Com%ensat&on" Ot*e$ t*an &n #onne#t&on ,&t* a Con5e$s&on of an Affe#ted Loan, Bo$$o,e$ s*a++ %ay to Adm&n&st$at&5e Agent fo$ t*e a##o)nt of t*e a%%+&#a:+e Ban7, )%on t*e $eC)est of s)#* Ban7 t*$o)g* Adm&n&st$at&5e Agent ,*&#* $eC)est &n#+)des a #a+#)+at&on of t*e amo)nt-s/ d)e, s)#* amo)nt o$ amo)nts as s*a++ :e s)ff&#&ent -&n t*e $easona:+e o%&n&on of s)#* Ban7/ to #om%ensate &t fo$ any nonDadm&n&st$at&5e, a#t)a+ +oss, #ost o$ e(%ense ,*&#* s)#* Ban7 $easona:+y dete$m&nes &s att$&:)ta:+e to@ -1/ any %ayment o$ %$e%ayment of a LIBOR Loan o$ B&d Rate Loan made :y s)#* Ban7, o$ any Con5e$s&on o$ Cont&n)at&on of a LIBOR Loan -o$ #on5e$s&on of t*e $ate of &nte$est on a LIBOR B&d Rate Loan/ made :y s)#* Ban7, &n any s)#* #ase on a date ot*e$ t*an t*e +ast day of an a%%+&#a:+e Inte$est 8e$&od, ,*et*e$ :y $eason of a##e+e$at&on o$ ot*e$,&se0 o$ -2/ any fa&+)$e :y Bo$$o,e$ fo$ any $eason to Con5e$t a Base Rate Loan o$ a LIBOR Loan o$ Cont&n)e a LIBOR Loan to :e Con5e$ted o$ Cont&n)ed :y s)#* Ban7 on t*e date s%e#&f&ed t*e$efo$ &n t*e $e+e5ant not&#e )nde$ !e#t&on 2"140 o$ -</ any fa&+)$e :y Bo$$o,e$ to :o$$o, -o$ to C)a+&fy fo$ a :o$$o,&ng of/ a LIBOR Loan o$ B&d Rate Loan ,*&#* ,o)+d ot*e$,&se :e made *e$e)nde$ on t*e date s%e#&f&ed &n t*e $e+e5ant E+e#t&on not&#e )nde$ !e#t&on 2"14 o$ B&d Rate A)ote a##e%tan#e )nde$ !e#t&on 2"02-e/ g&5en o$ s):m&tted :y Bo$$o,e$" N&t*o)t +&m&t&ng t*e fo$ego&ng, s)#* #om%ensat&on s*a++ &n#+)de any +oss &n#)$$ed &n o:ta&n&ng, +&C)&dat&ng o$ em%+oy&ng de%os&ts f$om t*&$d %a$t&es, :)t e(#+)d&ng +oss of ma$g&n fo$ t*e %e$&od afte$ t*e date of s)#* %ayment, %$e%ayment, Con5e$s&on o$ Cont&n)at&on -o$ fa&+)$e to Con5e$t, Cont&n)e o$ :o$$o,/" A dete$m&nat&on of any Ban7 as to t*e amo)nts %aya:+e %)$s)ant to t*&s !e#t&on s*a++ :e #on#+)s&5e a:sent man&fest e$$o$" !e#t&on <"0E Ca%&ta+ AdeC)a#y" If any Ban7 s*a++ *a5e dete$m&ned t*at, afte$ t*e date *e$eof, t*e ado%t&on of any a%%+&#a:+e +a,, $)+e o$ $eg)+at&on $ega$d&ng #a%&ta+ adeC)a#y, o$ any #*ange t*e$e&n, o$ any #*ange &n t*e &nte$%$etat&on o$ adm&n&st$at&on t*e$eof :y any Go5e$nmenta+ A)t*o$&ty, #ent$a+ :an7 o$ #om%a$a:+e agen#y #*a$ged ,&t* t*e &nte$%$etat&on o$ adm&n&st$at&on t*e$eof, o$ any $eC)est o$ d&$e#t&5e $ega$d&ng #a%&ta+ adeC)a#y

-,*et*e$ o$ not *a5&ng t*e fo$#e of +a,/ of any s)#* Go5e$nmenta+ A)t*o$&ty, #ent$a+ :an7 o$ #om%a$a:+e agen#y, *as o$ ,o)+d *a5e t*e effe#t of $ed)#&ng t*e $ate of $et)$n on #a%&ta+ of s)#* Ban7 -o$ &ts 8a$ent/ as a #onseC)en#e of s)#* Ban7?s o:+&gat&ons *e$e)nde$ to a +e5e+ :e+o, t*at ,*&#* s)#* Ban7 -o$ &ts 8a$ent/ #o)+d *a5e a#*&e5ed :)t fo$ s)#* ado%t&on, #*ange, $eC)est o$ d&$e#t&5e -ta7&ng &nto #ons&de$at&on &ts %o+&#&es ,&t* $es%e#t to #a%&ta+ adeC)a#y/ :y an amo)nt deemed :y s)#* Ban7 to :e mate$&a+, t*en f$om t&me to t&me, ,&t*&n f&fteen -1>/ days afte$ demand :y s)#* Ban7 -,&t* a #o%y to Adm&n&st$at&5e Agent/, Bo$$o,e$ s*a++ %ay to s)#* Ban7 s)#* add&t&ona+ amo)nt o$ amo)nts as ,&++ #om%ensate s)#* Ban7 -o$ &ts 8a$ent/ fo$ s)#* $ed)#t&on" A #e$t&f&#ate of any Ban7 #+a&m&ng #om%ensat&on )nde$ t*&s !e#t&on, sett&ng fo$t* &n $easona:+e deta&+ t*e :as&s t*e$efo$, s*a++ :e #on#+)s&5e a:sent man&fest e$$o$" !e#t&on <"0= !):st&t)t&on of Ban7s" If any Ban7 -an .Affe#ted Ban7./ -1/ ma7es demand )%on Bo$$o,e$ fo$ -o$ &f Bo$$o,e$ &s ot*e$,&se $eC)&$ed to %ay/ Add&t&ona+ Costs %)$s)ant to !e#t&on <"01 o$ -2/ &s )na:+e to ma7e o$ ma&nta&n a LIBOR Loan o$ LIBOR B&d Rate Loan as a $es)+t of a #ond&t&on des#$&:ed &n !e#t&on <"0< o$ #+a)se -2/ of !e#t&on <"02, Bo$$o,e$ may, ,&t*&n n&nety -;0/ days of $e#e&%t of s)#* demand o$ not&#e -o$ t*e o##)$$en#e of s)#* ot*e$ e5ent #a)s&ng Bo$$o,e$ to :e $eC)&$ed to %ay Add&t&ona+ Costs o$ #a)s&ng sa&d !e#t&on <"0< o$ #+a)se -2/ of !e#t&on <"02 to :e a%%+&#a:+e/, as t*e #ase may :e, g&5e ,$&tten not&#e -a .Re%+a#ement Not&#e./ to Adm&n&st$at&5e Agent and to ea#* Ban7 of Bo$$o,e$?s &ntent&on e&t*e$ -(/ to %$e%ay &n f)++ t*e Affe#ted Ban7?s Note and to te$m&nate t*e Affe#ted Ban7?s ent&$e Loan Comm&tment o$ -y/ to $e%+a#e t*e Affe#ted Ban7 ,&t* anot*e$ f&nan#&a+ &nst&t)t&on -t*e .Re%+a#ement Ban7./ des&gnated &n s)#* Re%+a#ement Not&#e" In t*e e5ent Bo$$o,e$ o%ts to g&5e t*e not&#e %$o5&ded fo$ &n #+a)se -(/ a:o5e, and &f t*e Affe#ted Ban7 s*a++ not ag$ee ,&t*&n t*&$ty -<0/ days of &ts $e#e&%t t*e$eof to ,a&5e t*e %ayment of t*e Add&t&ona+ Costs &n C)est&on o$ t*e effe#t of t*e #&$#)mstan#es des#$&:ed &n !e#t&on <"0< o$ #+a)se -2/ of !e#t&on <"02, t*en, so +ong as no 9efa)+t o$ E5ent of 9efa)+t s*a++ e(&st, Bo$$o,e$ may -not,&t*stand&ng t*e %$o5&s&ons of #+a)se -2/ of !e#t&on 2"10-a// te$m&nate t*e Affe#ted Ban7?s ent&$e Loan Comm&tment, %$o5&ded t*at &n #onne#t&on t*e$e,&t* &t %ays to t*e Affe#ted Ban7 a++ o)tstand&ng %$&n#&%a+ and a##$)ed and )n%a&d &nte$est )nde$ t*e Affe#ted Ban7?s Note, toget*e$ ,&t* a++ ot*e$ amo)nts, &f any, d)e f$om Bo$$o,e$ to t*e Affe#ted Ban7, &n#+)d&ng a++ amo)nts %$o%e$+y demanded and )n$e&m:)$sed )nde$ !e#t&ons <"01 and <"0>" In t*e e5ent Bo$$o,e$ o%ts to g&5e t*e not&#e %$o5&ded fo$ &n #+a)se -y/ a:o5e, and &f -&/ Adm&n&st$at&5e Agent s*a++, ,&t*&n t*&$ty -<0/ days of &ts $e#e&%t of t*e Re%+a#ement Not&#e, not&fy Bo$$o,e$ and ea#* Ban7 &n ,$&t&ng t*at t*e Re%+a#ement Ban7 &s $easona:+y sat&sfa#to$y to Adm&n&st$at&5e Agent and -&&/ t*e Affe#ted Ban7 s*a++ not, %$&o$ to t*e end of s)#* t*&$ty -<0/Dday %e$&od, ag$ee to ,a&5e t*e %ayment of t*e Add&t&ona+ Costs &n C)est&on o$ t*e effe#t of t*e #&$#)mstan#es des#$&:ed &n !e#t&on <"0< o$ #+a)se -2/ of !e#t&on <"02, t*en t*e Affe#ted Ban7 s*a++, so +ong as no 9efa)+t o$ E5ent of 9efa)+t s*a++ e(&st, ass&gn &ts Note and a++ of &ts $&g*ts and o:+&gat&ons )nde$ t*&s Ag$eement to t*e Re%+a#ement Ban7, and t*e Re%+a#ement Ban7 s*a++ ass)me a++ of t*e Affe#ted Ban7?s $&g*ts and o:+&gat&ons, %)$s)ant to an ag$eement, s):stant&a++y &n t*e fo$m of an Ass&gnment and Ass)m%t&on Ag$eement, e(e#)ted :y t*e Affe#ted Ban7 and t*e Re%+a#ement Ban7" In #onne#t&on ,&t* s)#* ass&gnment and ass)m%t&on, t*e Re%+a#ement Ban7 s*a++ %ay to t*e Affe#ted Ban7 an amo)nt eC)a+ to t*e o)tstand&ng %$&n#&%a+ amo)nt )nde$ t*e Affe#ted Ban7?s Note %+)s a++ &nte$est a##$)ed t*e$eon, %+)s a++ ot*e$ amo)nts, &f any -ot*e$ t*an t*e Add&t&ona+ Costs &n C)est&on/, t*en d)e and %aya:+e to t*e Affe#ted Ban70 %$o5&ded, *o,e5e$, t*at %$&o$ to o$ s&m)+taneo)s+y ,&t* any s)#* ass&gnment and ass)m%t&on, Bo$$o,e$ s*a++ *a5e %a&d to s)#* Affe#ted Ban7 a++ amo)nts %$o%e$+y demanded and )n$e&m:)$sed )nde$ !e#t&ons <"01 and <"0>" %on t*e effe#t&5e date of s)#* ass&gnment and ass)m%t&on, t*e Re%+a#ement Ban7 s*a++ :e#ome a Ban7 8a$ty to t*&s Ag$eement and s*a++ *a5e a++ t*e $&g*ts and o:+&gat&ons of a Ban7 as set fo$t* &n s)#* Ass&gnment and Ass)m%t&on Ag$eement, and t*e Affe#ted Ban7 s*a++ :e $e+eased f$om &ts o:+&gat&ons *e$e)nde$, and no f)$t*e$ #onsent o$ a#t&on :y any %a$ty s*a++ :e $eC)&$ed" %on t*e #ons)mmat&on of any ass&gnment %)$s)ant to t*&s !e#t&on, a s):st&t)te Rata:+e Loan Note -and, &f a%%+&#a:+e, !,&ng Loan Note/ s*a++ :e &ss)ed to t*e Re%+a#ement Ban7 :y Bo$$o,e$, &n e(#*ange fo$ t*e $et)$n of t*e Affe#ted Ban7?s Rata:+e Loan Note -and, &f a%%+&#a:+e, !,&ng Loan Note/" T*e o:+&gat&ons e5&den#ed :y s)#* s):st&t)te note s*a++ #onst&t)te .O:+&gat&ons. fo$ a++ %)$%oses of t*&s Ag$eement and t*e ot*e$ Loan 9o#)ments" In #onne#t&on ,&t* Bo$$o,e$?s e(e#)t&on of s):st&t)te notes as afo$esa&d, Bo$$o,e$ s*a++ de+&5e$ to Adm&n&st$at&5e Agent e5&den#e, sat&sfa#to$y to Adm&n&st$at&5e Agent, of a++ $eC)&s&te #o$%o$ate a#t&on to a)t*o$&'e Bo$$o,e$?s e(e#)t&on and de+&5e$y of t*e s):st&t)te notes and any $e+ated do#)ments" If t*e Re%+a#ement Ban7 &s not &n#o$%o$ated )nde$ t*e La,s of t*e n&ted !tates of Ame$&#a o$ a state t*e$eof, &t s*a++, %$&o$ to t*e f&$st date on ,*&#* &nte$est o$ fees a$e %aya:+e *e$e)nde$ fo$ &ts a##o)nt, de+&5e$ to Bo$$o,e$ and Adm&n&st$at&5e Agent #e$t&f&#at&on as to e(em%t&on f$om ded)#t&on o$ ,&t**o+d&ng of any n&ted !tates fede$a+ &n#ome ta(es &n a##o$dan#e

,&t* !e#t&on 10"1<" Ea#* Re%+a#ement Ban7 s*a++ :e deemed to *a5e made t*e $e%$esentat&ons #onta&ned &n, and s*a++ :e :o)nd :y t*e %$o5&s&ons of, !e#t&on 10"1<" Bo$$o,e$, Adm&n&st$at&5e Agent and t*e Ban7s s*a++ e(e#)te s)#* mod&f&#at&ons to t*e Loan 9o#)ments as s*a++ :e $easona:+y $eC)&$ed &n #onne#t&on ,&t* and to effe#t)ate t*e fo$ego&ng" !e#t&on <"0K A%%+&#a:&+&ty" T*e %$o5&s&ons of t*&s A$t&#+e III s*a++ :e a%%+&ed to Bo$$o,e$ so as not to d&s#$&m&nate aga&nst Bo$$o,e$ 5&sDaD5&s s&m&+a$+y s&t)ated #)stome$s of t*e Ban7s" ARTICLE IV CON9ITION! 8RECE9ENT !e#t&on 4"01 Cond&t&ons 8$e#edent to t*e In&t&a+ Ad5an#e" T*e o:+&gat&ons of t*e Ban7s *e$e)nde$ and t*e o:+&gat&on of ea#* Ban7 to ma7e t*e In&t&a+ Ad5an#e a$e s):Le#t to t*e #ond&t&on %$e#edent t*at CoDAgents s*a++ *a5e $e#e&5ed and a%%$o5ed on o$ :efo$e t*e C+os&ng 9ate -ot*e$ t*an ,&t* $es%e#t to %a$ag$a%* -10/ :e+o, ,*&#* s*a++ :e $eC)&$ed %$&o$ to t*e In&t&a+ Ad5an#e/ ea#* of t*e fo++o,&ng do#)ments, and ea#* of t*e fo++o,&ng $eC)&$ements s*a++ *a5e :een f)+f&++ed@ -1/ 4ees and E(%enses" T*e %ayment of -a/ a++ fees and e(%enses &n#)$$ed :y CoDAgents and Adm&n&st$at&5e Agent -&n#+)d&ng, ,&t*o)t +&m&tat&on, t*e $easona:+e fees and e(%enses of +ega+ #o)nse+/ and -:/ t*ose fees s%e#&f&ed &n t*e !)%%+ementa+ 4ee Lette$ to :e %a&d :y Bo$$o,e$ on o$ :efo$e t*e C+os&ng 9ate0 -2/ Loan Ag$eement and Notes" T*&s Ag$eement, t*e Rata:+e Loan Notes fo$ ea#* of t*e Ban7s s&gnato$y *e$eto, t*e B&d Rate Loan Note fo$ Adm&n&st$at&5e Agent, and t*e !,&ng Note fo$ t*e !,&ng Lende$, ea#* d)+y e(e#)ted :y Bo$$o,e$0 -</ 4&nan#&a+ !tatements" -a/ A)d&ted Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements as of and fo$ t*e yea$ ended 9e#em:e$ <1, 2000 and -:/ )na)d&ted Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements, #e$t&f&ed :y t*e #*&ef f&nan#&a+ off&#e$ t*e$eof, as of and fo$ t*e C)a$te$ ended Ma$#* <1, 20010 -4/ E5&den#e of 4o$mat&on of Bo$$o,e$" Ce$t&f&ed -as of t*e C+os&ng 9ate/ #o%&es of Bo$$o,e$?s #e$t&f&#ate of &n#o$%o$at&on and :yD+a,s, ,&t* a++ amendments t*e$eto, and a #e$t&f&#ate of t*e !e#$eta$y of !tate of t*e L)$&sd&#t&on of fo$mat&on as to &ts good stand&ng t*e$e&n0 ->/ E5&den#e of A++ Co$%o$ate A#t&on" Ce$t&f&ed -as of t*e C+os&ng 9ate/ #o%&es of a++ do#)ments e5&den#&ng t*e #o$%o$ate a#t&on ta7en :y Bo$$o,e$ a)t*o$&'&ng t*e e(e#)t&on, de+&5e$y and %e$fo$man#e of t*e Loan 9o#)ments and ea#* ot*e$ do#)ment to :e de+&5e$ed :y o$ on :e*a+f of Bo$$o,e$ %)$s)ant to t*&s Ag$eement0 -E/ In#)m:en#y and !&gnat)$e Ce$t&f&#ate of Bo$$o,e$" A #e$t&f&#ate -dated as of t*e C+os&ng 9ate/ of t*e se#$eta$y of Bo$$o,e$ #e$t&fy&ng t*e names and t$)e s&gnat)$es of ea#* %e$son a)t*o$&'ed to s&gn on :e*a+f of Bo$$o,e$0 -=/ !o+5en#y Ce$t&f&#ate" A d)+y e(e#)ted !o+5en#y Ce$t&f&#ate0 -K/ O%&n&on of Co)nse+ fo$ Bo$$o,e$" A fa5o$a:+e o%&n&on, dated t*e C+os&ng 9ate, of Good,&n 8$o#te$ LL8, #o)nse+ fo$ Bo$$o,e$, as to s)#* matte$s as Adm&n&st$at&5e Agent may $easona:+y $eC)est0 -;/ -10/ A)t*o$&'at&on Lette$" T*e A)t*o$&'at&on Lette$, d)+y e(e#)ted :y Bo$$o,e$0 ReC)est fo$ Ad5an#e" A $eC)est fo$ an ad5an#e &n a##o$dan#e ,&t* !e#t&on 2"040

-11/ Ce$t&f&#ate" T*e fo++o,&ng statements s*a++ :e t$)e and Adm&n&st$at&5e Agent s*a++ *a5e $e#e&5ed a #e$t&f&#ate dated t*e C+os&ng 9ate s&gned :y a d)+y a)t*o$&'ed s&gnato$y of Bo$$o,e$ stat&ng, to t*e :est of t*e #e$t&fy&ng %a$ty?s 7no,+edge, t*e fo++o,&ng@ -a/ A++ $e%$esentat&ons and ,a$$ant&es #onta&ned &n t*&s Ag$eement and &n ea#* of t*e ot*e$ Loan 9o#)ments a$e t$)e and #o$$e#t on and as of t*e C+os&ng 9ate as t*o)g* made on and as of s)#* date, and -:/ No 9efa)+t o$ E5ent of 9efa)+t *as o##)$$ed and &s #ont&n)&ng, o$ #o)+d $es)+t f$om t*e t$ansa#t&ons #ontem%+ated :y t*&s Ag$eement and t*e ot*e$ Loan 9o#)ments0 -12/ !)%%+ementa+ 4ee Lette$" T*e !)%%+ementa+ 4ee Lette$, d)+y e(e#)ted :y Bo$$o,e$0

-1</ Co5enant Com%+&an#e" A #o5enant #om%+&an#e #e$t&f&#ate of t*e so$t $eC)&$ed :y %a$ag$a%* -</ of !e#t&on E"0; fo$ t*e most $e#ent #a+enda$ C)a$te$ fo$ ,*&#* Bo$$o,e$ &s $eC)&$ed to $e%o$t f&nan#&a+ $es)+ts0 -14/ Mate$&a+ Ad5e$se C*ange" T*e$e s*a++ e(&st no Mate$&a+ Ad5e$se C*ange0

-1>/ Te$m&nat&on of E(&st&ng C$ed&t 4a#&+&ty" E5&den#e of te$m&nat&on of t*e e(&st&ng BE00,000,000 )nse#)$ed #$ed&t fa#&+&ty to Bo$$o,e$0 and -1E/ Add&t&ona+ Mate$&a+s" !)#* ot*e$ a%%$o5a+s, do#)ments, &nst$)ments o$ o%&n&ons as Adm&n&st$at&5e Agent o$ any CoDAgent may $easona:+y $eC)est" !e#t&on 4"02 Cond&t&ons 8$e#edent to Ad5an#es Afte$ t*e In&t&a+ Ad5an#e" T*e o:+&gat&on of ea#* Ban7 to ma7e ad5an#es of t*e Loans s):seC)ent to t*e In&t&a+ Ad5an#e s*a++ :e s):Le#t to sat&sfa#t&on of t*e fo++o,&ng #ond&t&ons %$e#edent@ -1/ ad5an#e0 A++ #ond&t&ons of !e#t&on 4"01 s*a++ *a5e :een and $ema&n sat&sf&ed as of t*e date of t*e

-2/ No 9efa)+t o$ E5ent of 9efa)+t s*a++ *a5e o##)$$ed and :e #ont&n)&ng as of t*e date of t*e ad5an#e o$ ,o)+d $es)+t f$om t*e ma7&ng of t*e ad5an#e0 -</ Ea#* of t*e $e%$esentat&ons and ,a$$ant&es #onta&ned &n t*&s Ag$eement and &n ea#* of t*e ot*e$ Loan 9o#)ments s*a++ :e t$)e and #o$$e#t &n a++ mate$&a+ $es%e#ts as of t*e date of t*e ad5an#e0 and -4/ !e#t&on 2"04" Adm&n&st$at&5e Agent s*a++ *a5e $e#e&5ed a $eC)est fo$ an ad5an#e &n a##o$dan#e ,&t*

!e#t&on 4"0< 9eemed Re%$esentat&ons" Ea#* $eC)est :y Bo$$o,e$ fo$, and a##e%tan#e :y Bo$$o,e$ of, an ad5an#e of %$o#eeds of t*e Loans s*a++ #onst&t)te a $e%$esentat&on and ,a$$anty :y Bo$$o,e$ t*at, as of :ot* t*e date of s)#* $eC)est and t*e date of t*e ad5an#e -1/ no 9efa)+t o$ E5ent of 9efa)+t *as o##)$$ed and &s #ont&n)&ng o$ ,o)+d $es)+t f$om t*e ma7&ng of t*e ad5an#e and -2/ ea#* $e%$esentat&on o$ ,a$$anty #onta&ned &n t*&s Ag$eement o$ t*e ot*e$ Loan 9o#)ments &s t$)e and #o$$e#t &n a++ mate$&a+ $es%e#ts" ARTICLE V RE8RE!ENTATION! AN9 NARRANTIE! Bo$$o,e$ $e%$esents and ,a$$ants to Adm&n&st$at&5e Agent and ea#* Ban7 as fo++o,s@

!e#t&on >"01 9)e O$gan&'at&on" Bo$$o,e$ &s d)+y o$gan&'ed, 5a+&d+y e(&st&ng and &n good stand&ng )nde$ t*e La,s of t*e L)$&sd&#t&on of &ts o$gan&'at&on, *as t*e %o,e$ and a)t*o$&ty to o,n &ts assets and to t$ansa#t t*e :)s&ness &n ,*&#* &t &s no, engaged, and, &f a%%+&#a:+e, &s d)+y C)a+&f&ed fo$ t*e #ond)#t of :)s&ness and &n good stand&ng )nde$ t*e La,s of ea#* ot*e$ L)$&sd&#t&on &n ,*&#* s)#* C)a+&f&#at&on &s $eC)&$ed and ,*e$e t*e fa&+)$e to :e so C)a+&f&ed ,o)+d #a)se a Mate$&a+ Ad5e$se C*ange" !e#t&on >"02 8o,e$ and A)t*o$&ty0 No Conf+&#ts0 Com%+&an#e N&t* La,s" T*e e(e#)t&on, de+&5e$y and %e$fo$man#e of t*e o:+&gat&ons $eC)&$ed to :e %e$fo$med :y Bo$$o,e$ of t*e Loan 9o#)ments does not and ,&++ not -a/ $eC)&$e t*e #onsent o$ a%%$o5a+ of &ts s*a$e*o+de$s o$ s)#* #onsent o$ a%%$o5a+ *as :een o:ta&ned, -:/ #ont$a5ene e&t*e$ &ts #e$t&f&#ate of &n#o$%o$at&on o$ :yD+a,s, -#/ to t*e :est of Bo$$o,e$?s 7no,+edge, 5&o+ate any %$o5&s&on of, o$ $eC)&$e any f&+&ng, $eg&st$at&on, #onsent o$ a%%$o5a+ )nde$, any La, -&n#+)d&ng, ,&t*o)t +&m&tat&on, Reg)+at&on /, o$de$, ,$&t, L)dgment, &nL)n#t&on, de#$ee, dete$m&nat&on o$ a,a$d %$esent+y &n effe#t *a5&ng a%%+&#a:&+&ty to &t, -d/ $es)+t &n a :$ea#* of o$ #onst&t)te a defa)+t )nde$ o$ $eC)&$e any #onsent )nde$ any &ndent)$e o$ +oan o$ #$ed&t ag$eement o$ any ot*e$ ag$eement, +ease o$ &nst$)ment to ,*&#* &t may :e a %a$ty o$ :y ,*&#* &t o$ &ts %$o%e$t&es may :e :o)nd o$ affe#ted e(#e%t fo$ #onsents ,*&#* *a5e :een o:ta&ned, -e/ $es)+t &n, o$ $eC)&$e, t*e #$eat&on o$ &m%os&t&on of any L&en, )%on o$ ,&t* $es%e#t to any of &ts %$o%e$t&es no, o,ned o$ *e$eafte$ a#C)&$ed o$ -f/ to t*e :est of Bo$$o,e$?s 7no,+edge, #a)se &t to :e &n defa)+t )nde$ any s)#* La,, o$de$, ,$&t, L)dgment, &nL)n#t&on, de#$ee, dete$m&nat&on o$ a,a$d o$ any s)#* &ndent)$e, ag$eement, +ease o$ &nst$)ment0 to t*e :est of &ts 7no,+edge, Bo$$o,e$ &s &n mate$&a+ #om%+&an#e ,&t* a++ La,s a%%+&#a:+e to &t and &ts %$o%e$t&es" !e#t&on >"0< Lega++y Enfo$#ea:+e Ag$eements" Ea#* Loan 9o#)ment &s a +ega+, 5a+&d and :&nd&ng o:+&gat&on of Bo$$o,e$, enfo$#ea:+e aga&nst Bo$$o,e$ &n a##o$dan#e ,&t* &ts te$ms, e(#e%t to t*e e(tent t*at s)#* enfo$#ement may :e +&m&ted :y a%%+&#a:+e :an7$)%t#y, &nso+5en#y and ot*e$ s&m&+a$ La,s affe#t&ng #$ed&to$s? $&g*ts gene$a++y" !e#t&on >"04 L&t&gat&on" T*e$e a$e no a#t&ons, s)&ts o$ %$o#eed&ngs %end&ng o$, to &ts 7no,+edge, t*$eatened aga&nst Bo$$o,e$ o$ any of &ts Aff&+&ates :efo$e any #o)$t o$ a$:&t$ato$ o$ any Go5e$nmenta+ A)t*o$&ty ,*&#* a$e $easona:+y +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange" !e#t&on >"0> Good T&t+e to 8$o%e$t&es" Bo$$o,e$ and ea#* of &ts Mate$&a+ Aff&+&ates *a5e good, ma$7eta:+e and +ega+ t&t+e to a++ of t*e %$o%e$t&es and assets ea#* of t*em %)$%o$ts to o,n -&n#+)d&ng, ,&t*o)t +&m&tat&on, t*ose $ef+e#ted &n t*e Conso+&dated 4&nan#&a+ !tatements $efe$$ed to &n !e#t&on >"1</, on+y ,&t* e(#e%t&ons ,*&#* do not mate$&a++y det$a#t f$om t*e 5a+)e of s)#* %$o%e$ty o$ assets o$ t*e )se t*e$eof &n Bo$$o,e$?s and s)#* Mate$&a+ Aff&+&ate?s :)s&ness, and e(#e%t to t*e e(tent t*at any s)#* %$o%e$t&es and assets *a5e :een en#)m:e$ed o$ d&s%osed of s&n#e t*e date of s)#* f&nan#&a+ statements ,&t*o)t 5&o+at&ng any of t*e #o5enants #onta&ned &n A$t&#+e VII o$ e+se,*e$e &n t*&s Ag$eement" Bo$$o,e$ and &ts Mate$&a+ Aff&+&ates enLoy %ea#ef)+ and )nd&st)$:ed %ossess&on of a++ +eased %$o%e$ty ne#essa$y &n any mate$&a+ $es%e#t &n t*e #ond)#t of t*e&$ $es%e#t&5e :)s&nesses" A++ s)#* +eases a$e 5a+&d and s):s&st&ng and a$e &n f)++ fo$#e and effe#t" !e#t&on >"0E Ta(es" Bo$$o,e$ *as f&+ed a++ ta( $et)$ns -fede$a+, state and +o#a+/ $eC)&$ed to :e f&+ed and *as %a&d a++ ta(es, assessments and go5e$nmenta+ #*a$ges and +e5&es d)e and %aya:+e ,&t*o)t t*e &m%os&t&on of a %ena+ty, &n#+)d&ng &nte$est and %ena+t&es, e(#e%t to t*e e(tent t*ey a$e t*e s):Le#t of a Good 4a&t* Contest" !e#t&on >"0= ERI!A" Bo$$o,e$ &s &n #om%+&an#e &n a++ mate$&a+ $es%e#ts ,&t* a++ a%%+&#a:+e %$o5&s&ons of ERI!A" Ne&t*e$ a Re%o$ta:+e E5ent no$ a 8$o*&:&ted T$ansa#t&on *as o##)$$ed ,&t* $es%e#t to any 8+an ,*&#* #o)+d $es)+t &n +&a:&+&ty of Bo$$o,e$0 no not&#e of &ntent to te$m&nate a 8+an *as :een f&+ed no$ *as any 8+an :een te$m&nated ,&t*&n t*e %ast f&5e ->/ yea$s0 no #&$#)mstan#e e(&sts ,*&#* #onst&t)tes g$o)nds )nde$ !e#t&on 4042 of ERI!A ent&t+&ng t*e 8BGC to &nst&t)te %$o#eed&ngs to te$m&nate, o$ a%%o&nt a t$)stee to adm&n&ste$, a 8+an, no$ *as t*e 8BGC &nst&t)ted any s)#* %$o#eed&ngs0 Bo$$o,e$ and t*e ERI!A Aff&+&ates *a5e not #om%+ete+y o$ %a$t&a++y ,&t*d$a,n )nde$ !e#t&ons 4201 o$ 4204 of ERI!A f$om a M)+t&em%+oye$ 8+an0 Bo$$o,e$ and t*e ERI!A Aff&+&ates *a5e met t*e m&n&m)m f)nd&ng $eC)&$ements of !e#t&on 412 of t*e Code and !e#t&on <02 of ERI!A of ea#* ,&t* $es%e#t to t*e 8+ans of ea#* and t*e$e &s no mate$&a+ . nf)nded C)$$ent L&a:&+&ty. -as s)#* C)oted te$m &s def&ned &n ERI!A/ ,&t* $es%e#t to any 8+an esta:+&s*ed o$ ma&nta&ned :y ea#*0 and Bo$$o,e$ and t*e ERI!A Aff&+&ates *a5e not &n#)$$ed any +&a:&+&ty to t*e 8BGC )nde$ ERI!A -ot*e$ t*an fo$ t*e %ayment of %$em&)ms )nde$ !e#t&on 400= of ERI!A/" No %a$t of t*e f)nds to :e )sed :y Bo$$o,e$ &n sat&sfa#t&on of &ts o:+&gat&ons )nde$ t*&s Ag$eement #onst&t)te .%+an assets. of any .em%+oyee :enef&t %+an. ,&t*&n t*e mean&ng of ERI!A o$ of any .%+an. ,&t*&n t*e

mean&ng of !e#t&on 4;=>-e/-1/ of t*e Code, as &nte$%$eted :y t*e Inte$na+ Re5en)e !e$5&#e and t*e "!" 9e%a$tment of La:o$ &n $)+es, $eg)+at&ons, $e+eases, :)++et&ns o$ as &nte$%$eted )nde$ a%%+&#a:+e #ase +a," !e#t&on >"0K No 9efa)+t on O)tstand&ng M)dgments o$ O$de$s " Bo$$o,e$ and ea#* of &ts Mate$&a+ Aff&+&ates *a5e sat&sf&ed a++ L)dgments ,*&#* a$e not :e&ng a%%ea+ed o$ ,*&#* a$e not f)++y #o5e$ed :y &ns)$an#e, and a$e not &n defa)+t ,&t* $es%e#t to any L)dgment, o$de$, ,$&t, &nL)n#t&on, de#$ee, $)+e o$ $eg)+at&on of any #o)$t, a$:&t$ato$ o$ fede$a+, state, m)n&#&%a+ o$ ot*e$ Go5e$nmenta+ A)t*o$&ty, #omm&ss&on, :oa$d, :)$ea), agen#y o$ &nst$)menta+&ty, domest&# o$ fo$e&gn" !e#t&on >"0; No 9efa)+ts on Ot*e$ Ag$eements" E(#e%t as d&s#+osed to CoDAgents and Adm&n&st$at&5e Agent &n ,$&t&ng, Bo$$o,e$ &s not a %a$ty to any &ndent)$e, +oan o$ #$ed&t ag$eement o$ any +ease o$ ot*e$ ag$eement o$ &nst$)ment o$ s):Le#t to any %a$tne$s*&%, t$)st o$ ot*e$ $est$&#t&on ,*&#* &s +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange" Bo$$o,e$ &s not &n defa)+t &n any $es%e#t &n t*e %e$fo$man#e, o:se$5an#e o$ f)+f&++ment of any of t*e o:+&gat&ons, #o5enants o$ #ond&t&ons #onta&ned &n any ag$eement o$ &nst$)ment ,*&#* &s +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange" !e#t&on >"10 Go5e$nment Reg)+at&on" Bo$$o,e$ &s not s):Le#t to $eg)+at&on )nde$ t*e In5estment Com%any A#t of 1;40 o$ any stat)te o$ $eg)+at&on +&m&t&ng &ts a:&+&ty to &n#)$ &nde:tedness fo$ money :o$$o,ed as #ontem%+ated *e$e:y" !e#t&on >"11 En5&$onmenta+ 8$ote#t&on" To t*e :est of Bo$$o,e$?s 7no,+edge, none of Bo$$o,e$?s o$ &ts Mate$&a+ Aff&+&ates? %$o%e$t&es #onta&ns any 1a'a$do)s Mate$&a+s t*at, )nde$ any En5&$onmenta+ La, #)$$ent+y &n effe#t, -1/ ,o)+d &m%ose +&a:&+&ty on Bo$$o,e$ t*at &s +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange o$ -2/ &s +&7e+y to $es)+t &n t*e &m%os&t&on of a L&en on any assets of Bo$$o,e$ o$ &ts Mate$&a+ Aff&+&ates, &n ea#* #ase &f not %$o%e$+y *and+ed &n a##o$dan#e ,&t* a%%+&#a:+e La, o$ not #o5e$ed :y &ns)$an#e o$ a :ond, &n e&t*e$ #ase $easona:+y sat&sfa#to$y to CoDAgents" To t*e :est of Bo$$o,e$?s 7no,+edge, ne&t*e$ &t no$ any of &ts Mate$&a+ Aff&+&ates &s &n mate$&a+ 5&o+at&on of, o$ s):Le#t to any e(&st&ng, %end&ng o$ t*$eatened mate$&a+ &n5est&gat&on o$ %$o#eed&ng :y any Go5e$nmenta+ A)t*o$&ty )nde$ any En5&$onmenta+ La," !e#t&on >"12 !o+5en#y" Bo$$o,e$ &s, and )%on #ons)mmat&on of t*e t$ansa#t&ons #ontem%+ated :y t*&s Ag$eement, t*e ot*e$ Loan 9o#)ments and any ot*e$ do#)ments, &nst$)ments o$ ag$eements $e+at&ng t*e$eto, ,&++ :e, !o+5ent" !e#t&on >"1< 4&nan#&a+ !tatements" T*e Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements most $e#ent+y de+&5e$ed to t*e Ban7s %)$s)ant to t*e te$ms of t*&s Ag$eement a$e &n a++ mate$&a+ $es%e#ts #om%+ete and #o$$e#t and fa&$+y %$esent t*e f&nan#&a+ #ond&t&on of t*e s):Le#t t*e$eof as of t*e dates of and fo$ t*e %e$&ods #o5e$ed :y s)#* statements, a++ &n a##o$dan#e ,&t* GAA8" T*e$e *as :een no Mate$&a+ Ad5e$se C*ange s&n#e t*e date of s)#* most $e#ent+y de+&5e$ed Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements" !e#t&on >"14 Va+&d E(&sten#e of Aff&+&ates" At t*e C+os&ng 9ate, t*e on+y Mate$&a+ Aff&+&ates of Bo$$o,e$ a$e +&sted on EJ1IBIT C" Ea#* Mate$&a+ Aff&+&ate &s a #o$%o$at&on, %a$tne$s*&% o$ +&m&ted +&a:&+&ty #om%any d)+y o$gan&'ed and e(&st&ng &n good stand&ng )nde$ t*e La,s of t*e L)$&sd&#t&on of &ts fo$mat&on" As to ea#* Mate$&a+ Aff&+&ate, &ts #o$$e#t name, t*e L)$&sd&#t&on of &ts fo$mat&on, Bo$$o,e$?s %e$#entage of :enef&#&a+ &nte$est t*e$e&n, and t*e ty%e of :)s&ness &n ,*&#* &t &s %$&ma$&+y engaged, a$e set fo$t* on sa&d EJ1IBIT C" Bo$$o,e$ and ea#* of &ts Mate$&a+ Aff&+&ates *a5e t*e %o,e$ to o,n t*e&$ $es%e#t&5e %$o%e$t&es and to #a$$y on t*e&$ $es%e#t&5e :)s&nesses no, :e&ng #ond)#ted" Ea#* Mate$&a+ Aff&+&ate &s d)+y C)a+&f&ed as a fo$e&gn #o$%o$at&on to do :)s&ness and &s &n good stand&ng &n e5e$y L)$&sd&#t&on &n ,*&#* t*e nat)$e of t*e $es%e#t&5e :)s&nesses #ond)#ted :y &t o$ &ts $es%e#t&5e %$o%e$t&es, o,ned o$ *e+d )nde$ +ease, ma7e s)#* C)a+&f&#at&on ne#essa$y and ,*e$e t*e fa&+)$e to :e so C)a+&f&ed ,o)+d #a)se a Mate$&a+ Ad5e$se C*ange" !e#t&on >"1> Ins)$an#e" Bo$$o,e$ and ea#* of &ts Mate$&a+ Aff&+&ates *a5e &n fo$#e %a&d &ns)$an#e ,&t* f&nan#&a++y so)nd and $e%)ta:+e &ns)$an#e #om%an&es o$ asso#&at&ons &n s)#* amo)nts and #o5e$&ng s)#* $&s7s as a$e )s)a++y #a$$&ed :y #om%an&es engaged &n t*e same ty%e of :)s&ness and s&m&+a$+y s&t)ated" !e#t&on >"1E A##)$a#y of Info$mat&on0 4)++ 9&s#+os)$e" Ne&t*e$ t*&s Ag$eement no$ any do#)ments, f&nan#&a+ statements, $e%o$ts, not&#es, s#*ed)+es, #e$t&f&#ates, statements o$ ot*e$ ,$&t&ngs f)$n&s*ed :y o$ on :e*a+f of Bo$$o,e$ to Adm&n&st$at&5e Agent o$ any Ban7 &n #onne#t&on ,&t* t*e negot&at&on of t*&s Ag$eement o$ t*e

#ons)mmat&on of t*e t$ansa#t&ons #ontem%+ated *e$e:y, o$ $eC)&$ed *e$e&n to :e f)$n&s*ed :y o$ on :e*a+f of Bo$$o,e$ -ot*e$ t*an %$oLe#t&ons ,*&#* a$e made :y Bo$$o,e$ &n good fa&t*/, #onta&ns any )nt$)e o$ m&s+ead&ng statement of a mate$&a+ fa#t o$ om&ts a mate$&a+ fa#t ne#essa$y to ma7e t*e statements *e$e&n o$ t*e$e&n not m&s+ead&ng" To t*e :est of Bo$$o,e$?s 7no,+edge, t*e$e &s no fa#t ,*&#* Bo$$o,e$ *as not d&s#+osed to Adm&n&st$at&5e Agent and t*e Ban7s &n ,$&t&ng ,*&#* mate$&a++y affe#ts ad5e$se+y no$, so fa$ as Bo$$o,e$ #an no, fo$esee, ,&++ mate$&a++y affe#t ad5e$se+y t*e :)s&ness affa&$s o$ f&nan#&a+ #ond&t&on of Bo$$o,e$ o$ t*e a:&+&ty of Bo$$o,e$ to %e$fo$m t*&s Ag$eement and t*e ot*e$ Loan 9o#)ments" ARTICLE VI A44IRMATIVE COVENANT! !o +ong as any of t*e Notes s*a++ $ema&n )n%a&d o$ t*e Loan Comm&tments $ema&n &n effe#t, o$ any ot*e$ amo)nt &s o,&ng :y Bo$$o,e$ to any Ban7 8a$ty *e$e)nde$ o$ )nde$ any ot*e$ Loan 9o#)ment, Bo$$o,e$ s*a++, and, &n t*e #ase of !e#t&ons E"01 t*$o)g* E"0=, &n#+)s&5e, s*a++ #a)se ea#* of &ts Mate$&a+ Aff&+&ates to@ !e#t&on E"01 Ma&ntenan#e of E(&sten#e" 8$ese$5e and ma&nta&n &ts +ega+ e(&sten#e and good stand&ng &n t*e L)$&sd&#t&on of &ts o$gan&'at&on, and C)a+&fy and $ema&n C)a+&f&ed as a fo$e&gn ent&ty &n ea#* ot*e$ L)$&sd&#t&on &n ,*&#* s)#* C)a+&f&#at&on &s $eC)&$ed e(#e%t to t*e e(tent t*at fa&+)$e to :e so C)a+&f&ed &n s)#* ot*e$ L)$&sd&#t&ons &s not +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange" !e#t&on E"02 Ma&ntenan#e of Re#o$ds" 2ee% adeC)ate $e#o$ds and :oo7s of a##o)nt, &n ,*&#* #om%+ete ent$&es ,&++ :e made $ef+e#t&ng a++ of &ts f&nan#&a+ t$ansa#t&ons, &n a##o$dan#e ,&t* GAA8" !e#t&on E"0< Ma&ntenan#e of Ins)$an#e" At a++ t&mes, ma&nta&n and 7ee% &n fo$#e &ns)$an#e ,&t* f&nan#&a++y so)nd and $e%)ta:+e &ns)$an#e #om%an&es o$ asso#&at&ons &n s)#* amo)nts and #o5e$&ng s)#* $&s7s as a$e )s)a++y #a$$&ed :y #om%an&es engaged &n t*e same ty%e of :)s&ness and s&m&+a$+y s&t)ated, ,*&#* &ns)$an#e s*a++ :e a##e%ta:+e to Adm&n&st$at&5e Agent and may %$o5&de fo$ $easona:+e ded)#t&:&+&ty f$om #o5e$age t*e$eof" In #onne#t&on ,&t* t*e fo$ego&ng, &t &s )nde$stood t*at Bo$$o,e$?s ea$t*C)a7e &ns)$an#e #o5e$age &n %+a#e as of t*e C+os&ng 9ate &s a##e%ta:+e to Adm&n&st$at&5e Agent" !e#t&on E"04 Com%+&an#e ,&t* La,s0 8ayment of Ta(es" Com%+y &n a++ mate$&a+ $es%e#ts ,&t* a++ La,s a%%+&#a:+e to &t o$ to any of &ts %$o%e$t&es o$ any %a$t t*e$eof, s)#* #om%+&an#e to &n#+)de, ,&t*o)t +&m&tat&on, %ay&ng :efo$e t*e same :e#ome de+&nC)ent a++ ta(es, assessments and go5e$nmenta+ #*a$ges &m%osed )%on &t o$ )%on &ts %$o%e$ty, e(#e%t to t*e e(tent t*ey a$e t*e s):Le#t of a Good 4a&t* Contest" !e#t&on E"0> R&g*t of Ins%e#t&on" At any $easona:+e t&me and f$om t&me to t&me )%on $easona:+e not&#e, %e$m&t Adm&n&st$at&5e Agent o$ any Ban7 o$ any agent o$ $e%$esentat&5e t*e$eof to e(am&ne and ma7e #o%&es and a:st$a#ts f$om &ts $e#o$ds and :oo7s of a##o)nt and 5&s&t &ts %$o%e$t&es and to d&s#)ss &ts affa&$s, f&nan#es and a##o)nts ,&t* t*e &nde%endent a##o)ntants of Bo$$o,e$" !e#t&on E"0E Com%+&an#e N&t* En5&$onmenta+ La,s" Com%+y &n a++ mate$&a+ $es%e#ts ,&t* a++ a%%+&#a:+e En5&$onmenta+ La,s and t&me+y %ay o$ #a)se to :e %a&d a++ #osts and e(%enses &n#)$$ed &n #onne#t&on ,&t* s)#* #om%+&an#e, e(#e%t to t*e e(tent t*e$e &s a Good 4a&t* Contest" !e#t&on E"0= Ma&ntenan#e of 8$o%e$t&es" 9o a++ t*&ngs $easona:+y ne#essa$y to ma&nta&n, %$ese$5e, %$ote#t and 7ee% &ts %$o%e$t&es &n good $e%a&$, ,o$7&ng o$de$ and #ond&t&on e(#e%t ,*e$e t*e #ost t*e$eof &s not &n Bo$$o,e$?s :est &nte$ests and t*e fa&+)$e to do so ,o)+d not $es)+t &n a Mate$&a+ Ad5e$se C*ange" !e#t&on E"0K of t*&s Ag$eement" 8ayment of Costs" 8ay a++ #osts and e(%enses $eC)&$ed fo$ t*e sat&sfa#t&on of t*e #ond&t&ons

!e#t&on E"0; Re%o$t&ng and M&s#e++aneo)s 9o#)ment ReC)&$ements" 4)$n&s* d&$e#t+y to Adm&n&st$at&5e Agent -,*o s*a++ %$o5&de, %$om%t+y )%on $e#e&%t, to ea#* of t*e Ban7s/@

-1/ Ann)a+ 4&nan#&a+ !tatements" As soon as a5a&+a:+e and &n any e5ent ,&t*&n n&nety -;0/ days afte$ t*e end of ea#* 4&s#a+ Yea$, Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements as of t*e end of and fo$ s)#* 4&s#a+ Yea$, &n $easona:+e deta&+ and stat&ng &n #om%a$at&5e fo$m t*e $es%e#t&5e f&g)$es fo$ t*e #o$$es%ond&ng date and %e$&od &n t*e %$&o$ 4&s#a+ Yea$ and a)d&ted :y Bo$$o,e$?s A##o)ntants0 -2/ A)a$te$+y 4&nan#&a+ !tatements" As soon as a5a&+a:+e and &n any e5ent ,&t*&n fo$tyDf&5e -4>/ days afte$ t*e end of ea#* #a+enda$ C)a$te$ -ot*e$ t*an t*e +ast C)a$te$ of t*e 4&s#a+ Yea$/, t*e )na)d&ted Bo$$o,e$?s Conso+&dated 4&nan#&a+ !tatements as of t*e end of and fo$ s)#* #a+enda$ C)a$te$, &n $easona:+e deta&+ and stat&ng &n #om%a$at&5e fo$m t*e $es%e#t&5e f&g)$es fo$ t*e #o$$es%ond&ng date and %e$&od &n t*e %$&o$ 4&s#a+ Yea$0 -</ Ce$t&f&#ate of No 9efa)+t and 4&nan#&a+ Com%+&an#e" N&t*&n n&nety -;0/ days afte$ t*e end of ea#* 4&s#a+ Yea$ and ,&t*&n fo$tyDf&5e -4>/ days afte$ t*e end of ea#* #a+enda$ C)a$te$, a #e$t&f&#ate of Bo$$o,e$?s #*&ef f&nan#&a+ off&#e$ o$ t$eas)$e$ -a/ stat&ng t*at, to t*e :est of *&s o$ *e$ 7no,+edge, no 9efa)+t o$ E5ent of 9efa)+t *as o##)$$ed and &s #ont&n)&ng, o$ &f a 9efa)+t o$ E5ent of 9efa)+t *as o##)$$ed and &s #ont&n)&ng, s%e#&fy&ng t*e nat)$e t*e$eof and t*e a#t&on ,*&#* &s %$o%osed to :e ta7en ,&t* $es%e#t t*e$eto0 -:/ stat&ng t*at t*e #o5enants #onta&ned &n !e#t&ons ="02, ="0< and ="04 and &n A$t&#+e VIII *a5e :een #om%+&ed ,&t* -o$ s%e#&fy&ng t*ose t*at *a5e not :een #om%+&ed ,&t*/ and &n#+)d&ng #om%)tat&ons demonst$at&ng s)#* #om%+&an#e -o$ nonD#om%+&an#e/0 -#/ sett&ng fo$t* t*e deta&+s of a++ &tems #om%$&s&ng Tota+ O)tstand&ng Inde:tedness, !e#)$ed Inde:tedness, nen#)m:e$ed Com:&ned EBIT9A, Inte$est E(%ense and nse#)$ed Inde:tedness -&n#+)d&ng amo)nt, mat)$&ty, &nte$est $ate and amo$t&'at&on $eC)&$ements ,&t* $es%e#t to a++ Inde:tedness and &n#+)d&ng an o##)%an#y $e%o$t fo$ ea#* nen#)m:e$ed N*o++yD O,ned Asset fo$ ea#* of t*e %$e#ed&ng fo)$ -4/ #a+enda$ C)a$te$s and fo$ s)#* fo)$ -4/ #a+enda$ C)a$te$D%e$&od as a ,*o+e/0 and -d/ on+y at t*e end of ea#* 4&s#a+ Yea$, stat&ng Bo$$o,e$?s ta(a:+e &n#ome0 -4/ Ce$t&f&#ate of Bo$$o,e$?s A##o)ntants" !&m)+taneo)s+y ,&t* t*e de+&5e$y of t*e ann)a+ f&nan#&a+ statements $eC)&$ed :y %a$ag$a%* -1/ of t*&s !e#t&on, -a/ a statement of Bo$$o,e$?s A##o)ntants ,*o a)d&ted s)#* f&nan#&a+ statements #om%a$&ng t*e #om%)tat&ons set fo$t* &n t*e f&nan#&a+ #om%+&an#e #e$t&f&#ate $eC)&$ed :y %a$ag$a%* -</ of t*&s !e#t&on to t*e a)d&ted f&nan#&a+ statements $eC)&$ed :y %a$ag$a%* -1/ of t*&s !e#t&on and -:/ ,*en t*e a)d&ted f&nan#&a+ statements $eC)&$ed :y %a$ag$a%* -1/ of t*&s !e#t&on *a5e a C)a+&f&ed a)d&to$?s o%&n&on, a statement of Bo$$o,e$?s A##o)ntants ,*o a)d&ted s)#* f&nan#&a+ statements of ,*et*e$ any 9efa)+t o$ E5ent of 9efa)+t *as o##)$$ed and &s #ont&n)&ng0 ->/ Not&#e of L&t&gat&on" 8$om%t+y afte$ t*e #ommen#ement and 7no,+edge t*e$eof, not&#e of a++ a#t&ons, s)&ts, and %$o#eed&ngs :efo$e any #o)$t o$ a$:&t$ato$, affe#t&ng Bo$$o,e$ ,*&#*, &f dete$m&ned ad5e$se+y to Bo$$o,e$ &s +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange0 -E/ Not&#es of 9efa)+ts and E5ents of 9efa)+t" As soon as %oss&:+e and &n any e5ent ,&t*&n ten -10/ days afte$ Bo$$o,e$ :e#omes a,a$e of t*e o##)$$en#e of a mate$&a+ 9efa)+t o$ any E5ent of 9efa)+t, a ,$&tten not&#e -,*&#* not&#e s*a++ state t*at &t &s a .Not&#e of 9efa)+t./ sett&ng fo$t* t*e deta&+s of s)#* 9efa)+t o$ E5ent of 9efa)+t and t*e a#t&on ,*&#* &s %$o%osed to :e ta7en ,&t* $es%e#t t*e$eto0 -=/ !a+es o$ A#C)&s&t&ons of Assets" 8$om%t+y afte$ t*e o##)$$en#e t*e$eof, ,$&tten not&#e -,*&#* may :e &n t*e fo$m of a %$ess $e+ease sent to Adm&n&st$at&5e Agent/ of any 9&s%os&t&on o$ a#C)&s&t&on -&n#+)d&ng A#C)&s&t&ons/ of assets -ot*e$ t*an a#C)&s&t&ons o$ 9&s%os&t&ons of &n5estments s)#* as #e$t&f&#ates of de%os&t, T$eas)$y se#)$&t&es, money ma$7et de%os&ts and ot*e$ s&m&+a$ f&nan#&a+ &nst$)ments &n t*e o$d&na$y #o)$se of Bo$$o,e$?s #as* management/ ,&t* $es%e#t to ,*&#* Bo$$o,e$ &s $eC)&$ed to f&+e an .KD2., toget*e$ ,&t*, &n t*e #ase of any a#C)&s&t&on of s)#* an asset, #o%&es of a++ mate$&a+ ag$eements go5e$n&ng t*e a#C)&s&t&on and *&sto$&#a+ f&nan#&a+ &nfo$mat&on and Bo$$o,e$?s %$oLe#t&ons ,&t* $es%e#t to t*e %$o%e$ty a#C)&$ed0 -K/ Mate$&a+ Ad5e$se C*ange" As soon as &s %$a#t&#a:+e and &n any e5ent ,&t*&n f&5e ->/ days afte$ 7no,+edge of t*e o##)$$en#e of any e5ent o$ #&$#)mstan#e ,*&#* &s +&7e+y to $es)+t &n o$ *as $es)+ted &n a Mate$&a+ Ad5e$se C*ange, ,$&tten not&#e t*e$eof0 -;/ Off&#es" T*&$ty -<0/ days? %$&o$ ,$&tten not&#e of any #*ange &n t*e #*&ef e(e#)t&5e off&#e o$ %$&n#&%a+ %+a#e of :)s&ness of Bo$$o,e$0

-10/ En5&$onmenta+ and Ot*e$ Not&#es" As soon as %oss&:+e and &n any e5ent ,&t*&n ten -10/ days afte$ $e#e&%t, #o%&es of a++ En5&$onmenta+ Not&#es $e#e&5ed :y Bo$$o,e$ ,*&#* a$e not $e#e&5ed &n t*e o$d&na$y #o)$se of :)s&ness and ,*&#* $e+ate to a s&t)at&on ,*&#* &s +&7e+y to $es)+t &n a Mate$&a+ Ad5e$se C*ange0 -11/ Ins)$an#e Co5e$age" 8$om%t+y, s)#* &nfo$mat&on #on#e$n&ng Bo$$o,e$?s &ns)$an#e #o5e$age as Adm&n&st$at&5e Agent may $easona:+y $eC)est0 -12/ 8$o(y !tatements, Et#"" 8$om%t+y afte$ t*e send&ng o$ f&+&ng t*e$eof, #o%&es of a++ %$o(y statements, f&nan#&a+ statements and $e%o$ts ,*&#* Bo$$o,e$ o$ &ts Mate$&a+ Aff&+&ates sends to &ts s*a$e*o+de$s, and #o%&es of a++ $eg)+a$, %e$&od&# and s%e#&a+ $e%o$ts, and a++ $eg&st$at&on statements ,*&#* Bo$$o,e$ o$ &ts Mate$&a+ Aff&+&ates f&+es ,&t* t*e !e#)$&t&es and E(#*ange Comm&ss&on o$ any Go5e$nmenta+ A)t*o$&ty ,*&#* may :e s):st&t)ted t*e$efo$, o$ ,&t* any nat&ona+ se#)$&t&es e(#*ange0 -1</ O%e$at&ng !tatements" As soon as a5a&+a:+e and &n any e5ent ,&t*&n fo$tyDf&5e -4>/ days afte$ t*e end of ea#* #a+enda$ C)a$te$, an o%e$at&ng statement fo$ ea#* %$o%e$ty d&$e#t+y o$ &nd&$e#t+y o,ned &n ,*o+e o$ &n %a$t :y Bo$$o,e$0 -14/ Ca%&ta+ E(%end&t)$es" As soon as a5a&+a:+e and &n any e5ent ,&t*&n fo$tyDf&5e -4>/ days afte$ t*e end of ea#* 4&s#a+ Yea$, a s#*ed)+e of s)#* 4&s#a+ Yea$?s #a%&ta+ e(%end&t)$es and a :)dget fo$ t*e ne(t 4&s#a+ Yea$?s %+anned #a%&ta+ e(%end&t)$es fo$ ea#* %$o%e$ty d&$e#t+y o$ &nd&$e#t+y o,ned &n ,*o+e o$ &n %a$t :y Bo$$o,e$0 and -1>/ Gene$a+ Info$mat&on" 8$om%t+y, s)#* ot*e$ &nfo$mat&on $es%e#t&ng t*e #ond&t&on o$ o%e$at&ons, f&nan#&a+ o$ ot*e$,&se, of Bo$$o,e$ o$ any %$o%e$t&es of Bo$$o,e$ as Adm&n&st$at&5e Agent may f$om t&me to t&me $easona:+y $eC)est" !e#t&on E"10 8$&n#&%a+ 8$e%ayments as a Res)+t of Red)#t&on &n Tota+ Loan Comm&tment " If t*e o)tstand&ng %$&n#&%a+ amo)nt )nde$ t*e Notes at any t&me e(#eeds t*e Tota+ Loan Comm&tment, Bo$$o,e$ s*a++, ,&t*&n ten -10/ days of Adm&n&st$at&on Agent?s ,$&tten demand, ma7e a %ayment &n t*e amo)nt of s)#* e(#ess &n $ed)#t&on of s)#* o)tstand&ng %$&n#&%a+ :a+an#e" ARTICLE VII NEGATIVE COVENANT! !o +ong as any of t*e Notes s*a++ $ema&n )n%a&d, o$ t*e Loan Comm&tments $ema&n &n effe#t, o$ any ot*e$ amo)nt &s o,&ng :y Bo$$o,e$ to any Ban7 8a$ty *e$e)nde$ o$ )nde$ any ot*e$ Loan 9o#)ment, Bo$$o,e$ s*a++ not do any o$ a++ of t*e fo++o,&ng@ !e#t&on ="01 Me$ge$s Et#" Me$ge o$ #onso+&date ,&t* -e(#e%t ,*e$e Bo$$o,e$ &s t*e s)$5&5&ng ent&ty/, o$ se++, ass&gn, +ease o$ ot*e$,&se d&s%ose of -,*et*e$ &n one t$ansa#t&on o$ &n a se$&es of t$ansa#t&ons/ a++ o$ s):stant&a++y a++ of &ts assets -,*et*e$ no, o,ned o$ *e$eafte$ a#C)&$ed/" !e#t&on ="02 In5estments" 9&$e#t+y o$ &nd&$e#t+y, ma7e any +oan o$ ad5an#e to any 8e$son o$ %)$#*ase o$ ot*e$,&se a#C)&$e any #a%&ta+ sto#7, assets, o:+&gat&ons o$ ot*e$ se#)$&t&es of, ma7e any #a%&ta+ #ont$&:)t&on to, o$ ot*e$,&se &n5est &n, o$ a#C)&$e any &nte$est &n, any 8e$son -any s)#* t$ansa#t&on, an .In5estment./ &f s)#* In5estment #onst&t)tes t*e a#C)&s&t&on of a m&no$&ty &nte$est &n a 8e$son -a .M&no$&ty Inte$est./ and t*e amo)nt of s)#* In5estment, toget*e$ ,&t* t*e 5a+)e of a++ ot*e$ M&no$&ty Inte$ests, ,o)+d e(#eed 1>F of Ca%&ta+&'at&on Va+)e, dete$m&ned as of t*e end of t*e most $e#ent #a+enda$ C)a$te$ fo$ ,*&#* Bo$$o,e$ &s $eC)&$ed to *a5e $e%o$ted f&nan#&a+ $es)+ts %)$s)ant to !e#t&on E"0;" A >0F :enef&#&a+ &nte$est &n a 8e$son, &n #onne#t&on ,&t* ,*&#* t*e *o+de$ t*e$eof e(e$#&ses Lo&nt #ont$o+ o5e$ s)#* 8e$son ,&t* t*e *o+de$-s/ of t*e ot*e$ >0F :enef&#&a+ &nte$est, s*a++ not #onst&t)te a .M&no$&ty Inte$est. fo$ %)$%oses of t*&s !e#t&on"

!e#t&on ="0< !a+e of Assets" Effe#t a 9&s%os&t&on of any of &ts no, o,ned o$ *e$eafte$ a#C)&$ed assets, &n#+)d&ng assets &n ,*&#* Bo$$o,e$ o,ns a :enef&#&a+ &nte$est t*$o)g* &ts o,ne$s*&% of &nte$ests &n Lo&nt 5ent)$es, agg$egat&ng mo$e t*an 2>F of Ca%&ta+&'at&on Va+)e" !e#t&on ="04 9&st$&:)t&ons" 9)$&ng t*e e(&sten#e of any E5ent of 9efa)+t, ma7e, de#+a$e o$ %ay, d&$e#t+y o$ &nd&$e#t+y, any d&5&dend o$ d&st$&:)t&on to any of &ts eC)&ty *o+de$s &n an amo)nt g$eate$ t*an t*e m&n&m)m d&5&dend o$ d&st$&:)t&on $eC)&$ed )nde$ t*e Code to ma&nta&n t*e $ea+ estate &n5estment t$)st stat)s of Bo$$o,e$ )nde$ t*e Code, as e5&den#ed :y a deta&+ed #e$t&f&#ate of Bo$$o,e$?s #*&ef f&nan#&a+ off&#e$ o$ t$eas)$e$ $easona:+y sat&sfa#to$y &n fo$m and s):stan#e to Adm&n&st$at&5e Agent0 %$o5&ded, *o,e5e$, t*at fo++o,&ng a##e+e$at&on of t*e mat)$&ty of t*e Notes, Bo$$o,e$ s*a++ not, d&$e#t+y o$ &nd&$e#t+y, ma7e, de#+a$e o$ %ay any d&5&dend o$ d&st$&:)t&on to any of &ts eC)&ty *o+de$s" ARTICLE VIII 4INANCIAL COVENANT! !o +ong as any of t*e Notes s*a++ $ema&n )n%a&d, o$ t*e Loan Comm&tments $ema&n &n effe#t, o$ any ot*e$ amo)nt &s o,&ng :y Bo$$o,e$ to any Ban7 8a$ty )nde$ t*&s Ag$eement o$ )nde$ any ot*e$ Loan 9o#)ment, Bo$$o,e$ s*a++ not %e$m&t o$ s)ffe$ any o$ a++ of t*e fo++o,&ng@ !e#t&on K"01 Conso+&dated Tang&:+e Net No$t*" At any t&me, Conso+&dated Tang&:+e Net No$t* to :e +ess t*an B2,000,000,000" !e#t&on K"02 Re+at&ons*&% of Tota+ O)tstand&ng Inde:tedness to Ca%&ta+&'at&on Va+)e" At any t&me, Tota+ O)tstand&ng Inde:tedness to e(#eed >>F of Ca%&ta+&'at&on Va+)e" !e#t&on K"0< Re+at&ons*&% of Com:&ned EBIT9A to Inte$est E(%ense" 4o$ any #a+enda$ C)a$te$, t*e $at&o of -1/ Com:&ned EBIT9A to -2/ Inte$est E(%ense -ea#* fo$ t*e t,e+5e -12/Dmont* %e$&od end&ng ,&t* s)#* C)a$te$/, to :e +ess t*an 2"2> to 1"00" !e#t&on K"04 Re+at&ons*&% of Com:&ned EBIT9A to Com:&ned 9e:t !e$5&#e" 4o$ any #a+enda$ C)a$te$, t*e $at&o of -1/ Com:&ned EBIT9A to -2/ Com:&ned 9e:t !e$5&#e -ea#* fo$ t*e t,e+5e -12/Dmont* %e$&od end&ng ,&t* s)#* C)a$te$/, to :e +ess t*an 1"K0 to 1"00" !e#t&on K"0> Rat&o of nse#)$ed Inde:tedness to nen#)m:e$ed Asset Va+)e" At any t&me, t*e $at&o of -1/ nse#)$ed Inde:tedness to -2/ nen#)m:e$ed Asset Va+)e to e(#eed >>F" !e#t&on K"0E Re+at&ons*&% of nen#)m:e$ed Com:&ned EBIT9A to nse#)$ed Inte$est E(%ense " 4o$ any #a+enda$ C)a$te$, t*e $at&o of -1/ nen#)m:e$ed Com:&ned EBIT9A to -2/ nse#)$ed Inte$est E(%ense -ea#* fo$ s)#* #a+enda$ C)a$te$/, to :e +ess t*an 2"00 to 1"00" !e#t&on K"0= Re+at&ons*&% of 9&5&dends to 4)nds 4$om O%e$at&ons" 4o$ any #a+enda$ yea$, d&5&dends de#+a$ed :y Bo$$o,e$ to e(#eed ;>F of 4)nds 4$om O%e$at&ons, ea#* fo$ s)#* #a+enda$ yea$, o$ s)#* g$eate$ amo)nt as may :e $eC)&$ed )nde$ t*e Code to ma&nta&n t*e $ea+ estate &n5estment t$)st stat)s of Bo$$o,e$ )nde$ t*e Code, as e5&den#ed :y a deta&+ed #e$t&f&#ate of Bo$$o,e$?s #*&ef f&nan#&a+ off&#e$ o$ t$eas)$e$ $easona:+y sat&sfa#to$y &n fo$m and s):stan#e to Adm&n&st$at&5e Agent" !e#t&on K"0K Re+at&ons*&% of !e#)$ed Inde:tedness to Ca%&ta+&'at&on Va+)e" At any t&me, !e#)$ed Inde:tedness to e(#eed 40F of Ca%&ta+&'at&on Va+)e" ARTICLE IJ EVENT! O4 9E4A LT !e#t&on ;"01 E5ents of 9efa)+t" Any of t*e fo++o,&ng e5ents s*a++ :e an .E5ent of 9efa)+t.@

-1/ If Bo$$o,e$ s*a++@ fa&+ to %ay t*e %$&n#&%a+ of any Notes as and ,*en d)e, and s)#* fa&+)$e to %ay s*a++ #ont&n)e )n$emed&ed fo$ f&5e ->/ days afte$ t*e d)e date of s)#* amo)nt0 o$ fa&+ to %ay &nte$est a##$)&ng on any Notes as and ,*en d)e, and s)#* fa&+)$e to %ay s*a++ #ont&n)e )n$emed&ed fo$ f&5e ->/ days afte$ ,$&tten not&#e :y Adm&n&st$at&5e Agent of s)#* fa&+)$e to %ay0 o$ fa&+ to ma7e any %ayment $eC)&$ed )nde$ !e#t&on E"10 as and ,*en d)e0 o$ fa&+ to %ay any fee o$ any ot*e$ amo)nt d)e )nde$ t*&s Ag$eement, any ot*e$ Loan 9o#)ment o$ t*e !)%%+ementa+ 4ee Lette$ as and ,*en d)e and s)#* fa&+)$e to %ay s*a++ #ont&n)e )n$emed&ed fo$ t,o -2/ Ban7&ng 9ays afte$ ,$&tten not&#e :y Adm&n&st$at&5e Agent of s)#* fa&+)$e to %ay0 o$ -2/ If any $e%$esentat&on o$ ,a$$anty made :y Bo$$o,e$ &n t*&s Ag$eement o$ &n any ot*e$ Loan 9o#)ment o$ ,*&#* &s #onta&ned &n any #e$t&f&#ate, do#)ment, o%&n&on, f&nan#&a+ o$ ot*e$ statement f)$n&s*ed at any t&me )nde$ o$ &n #onne#t&on ,&t* a Loan 9o#)ment s*a++ %$o5e to *a5e :een &n#o$$e#t &n any mate$&a+ $es%e#t on o$ as of t*e date made0 o$ -</ If Bo$$o,e$ s*a++ fa&+ -a/ to %e$fo$m o$ o:se$5e any te$m, #o5enant o$ ag$eement #onta&ned &n A$t&#+e VII o$ A$t&#+e VIII0 o$ -:/ to %e$fo$m o$ o:se$5e any te$m, #o5enant o$ ag$eement #onta&ned &n t*&s Ag$eement -ot*e$ t*an o:+&gat&ons s%e#&f&#a++y $efe$$ed to e+se,*e$e &n t*&s !e#t&on ;"01/ o$ any Loan 9o#)ment, o$ any ot*e$ do#)ment e(e#)ted :y Bo$$o,e$ and de+&5e$ed to Adm&n&st$at&5e Agent o$ t*e Ban7s &n #onne#t&on ,&t* t*e t$ansa#t&ons #ontem%+ated *e$e:y and s)#* fa&+)$e )nde$ t*&s #+a)se -:/ s*a++ $ema&n )n$emed&ed fo$ t*&$ty -<0/ #onse#)t&5e #a+enda$ days afte$ not&#e t*e$eof -o$ s)#* s*o$te$ #)$e %e$&od as may :e e(%$ess+y %$es#$&:ed &n t*e a%%+&#a:+e do#)ment/0 %$o5&ded, *o,e5e$, t*at &f any s)#* defa)+t )nde$ #+a)se -:/ a:o5e #annot :y &ts nat)$e :e #)$ed ,&t*&n s)#* t*&$ty -<0/ day, o$ s*o$te$, as t*e #ase may :e, g$a#e %e$&od and so +ong as Bo$$o,e$ s*a++ *a5e #ommen#ed #)$e ,&t*&n s)#* t*&$ty -<0/ day, o$ s*o$te$, as t*e #ase may :e, g$a#e %e$&od and s*a++, at a++ t&mes t*e$eafte$, d&+&gent+y %$ose#)te t*e same to #om%+et&on, Bo$$o,e$ s*a++ *a5e an add&t&ona+ %e$&od, not to e(#eed s&(ty -E0/ days, to #)$e s)#* defa)+t0 &n no e5ent, *o,e5e$, &s t*e fo$ego&ng &ntended to effe#t an e(tens&on of t*e Mat)$&ty 9ate0 o$ -4/ If Bo$$o,e$ s*a++ fa&+ -a/ to %ay any Re#o)$se 9e:t -ot*e$ t*an t*e %ayment o:+&gat&ons des#$&:ed &n %a$ag$a%* -1/ of t*&s !e#t&on/ &n any amo)nt, o$ any 9e:t -ot*e$ t*an Re#o)$se 9e:t/ &n an amo)nt eC)a+ to o$ g$eate$ t*an B>0,000,000, &n any s)#* #ase ,*en d)e -,*et*e$ :y s#*ed)+ed mat)$&ty, $eC)&$ed %$e%ayment, a##e+e$at&on, demand, o$ ot*e$,&se/ afte$ t*e e(%&$at&on of any a%%+&#a:+e g$a#e %e$&od, o$ -:/ to %e$fo$m o$ o:se$5e any mate$&a+ te$m, #o5enant, o$ #ond&t&on )nde$ any ag$eement o$ &nst$)ment $e+at&ng to any s)#* 9e:t, ,*en $eC)&$ed to :e %e$fo$med o$ o:se$5ed, &f t*e effe#t of s)#* fa&+)$e to %e$fo$m o$ o:se$5e &s to a##e+e$ate, o$ to %e$m&t t*e a##e+e$at&on of, afte$ t*e g&5&ng of not&#e o$ t*e +a%se of t&me, o$ :ot* -ot*e$ t*an &n #ases ,*e$e, &n t*e L)dgment of t*e MaLo$&ty Ban7s, mean&ngf)+ d&s#)ss&ons +&7e+y to $es)+t &n -&/ a ,a&5e$ o$ #)$e of t*e fa&+)$e to %e$fo$m o$ o:se$5e, o$ -&&/ ot*e$,&se a5e$t&ng s)#* a##e+e$at&on a$e &n %$og$ess :et,een Bo$$o,e$ and t*e o:+&gee of s)#* 9e:t/, t*e mat)$&ty of s)#* 9e:t, o$ any s)#* 9e:t s*a++ :e de#+a$ed to :e d)e and %aya:+e, o$ $eC)&$ed to :e %$e%a&d -ot*e$ t*an :y a $eg)+a$+y s#*ed)+ed o$ ot*e$,&se $eC)&$ed %$e%ayment/, %$&o$ to t*e stated mat)$&ty t*e$eof0 o$ ->/ If Bo$$o,e$, o$ any Aff&+&ate of Bo$$o,e$ to ,*&#* B>0,000,000 o$ mo$e of Ca%&ta+&'at&on Va+)e &s att$&:)ta:+e, s*a++ -a/ gene$a++y not, o$ :e )na:+e to, o$ s*a++ adm&t &n ,$&t&ng &ts &na:&+&ty to, %ay &ts de:ts as s)#* de:ts :e#ome d)e0 o$ -:/ ma7e an ass&gnment fo$ t*e :enef&t of #$ed&to$s, %et&t&on o$ a%%+y to any t$&:)na+ fo$ t*e a%%o&ntment of a #)stod&an, $e#e&5e$ o$ t$)stee fo$ &t o$ a s):stant&a+ %a$t of &ts assets0 o$ -#/ #ommen#e any %$o#eed&ng )nde$ any :an7$)%t#y, $eo$gan&'at&on, a$$angement, $eadL)stment of de:t, d&sso+)t&on o$ +&C)&dat&on La, of any L)$&sd&#t&on, ,*et*e$ no, o$ *e$eafte$ &n effe#t0 o$ -d/ *a5e *ad any s)#* %et&t&on o$ a%%+&#at&on f&+ed o$ any s)#* %$o#eed&ng s*a++ *a5e :een #ommen#ed, aga&nst &t, &n ,*&#* an adL)d&#at&on o$ a%%o&ntment &s made o$ o$de$ fo$ $e+&ef &s ente$ed, o$ ,*&#* %et&t&on, a%%+&#at&on o$ %$o#eed&ng $ema&ns )nd&sm&ssed o$ )nstayed fo$ a %e$&od of s&(ty -E0/ days o$ mo$e0 o$ -e/ :e t*e s):Le#t of any %$o#eed&ng )nde$ ,*&#* a++ o$ a s):stant&a+ %a$t of &ts assets may :e s):Le#t to se&')$e, fo$fe&t)$e o$ d&5est&t)$e0 o$ -f/ :y any a#t o$ om&ss&on &nd&#ate &ts #onsent to, a%%$o5a+ of o$ a#C)&es#en#e &n any s)#* %et&t&on, a%%+&#at&on o$ %$o#eed&ng o$ o$de$ fo$ $e+&ef o$ t*e a%%o&ntment of a #)stod&an, $e#e&5e$ o$ t$)stee fo$ a++ o$ any s):stant&a+ %a$t of &ts %$o%e$ty0 o$ -g/ s)ffe$ any s)#* #)stod&ans*&%, $e#e&5e$s*&% o$ t$)stees*&% fo$ a++ o$ any s):stant&a+ %a$t of &ts %$o%e$ty, to #ont&n)e )nd&s#*a$ged fo$ a %e$&od of s&(ty -E0/ days o$ mo$e0 o$ -E/ If one o$ mo$e L)dgments, de#$ees o$ o$de$s fo$ t*e %ayment of money &n an amo)nt &n e(#ess of >F of Conso+&dated Tang&:+e Net No$t* -e(#+)d&ng any s)#* L)dgments, de#$ees o$ o$de$s ,*&#* a$e f)++y #o5e$ed :y &ns)$an#e/ &n t*e agg$egate s*a++ :e $ende$ed aga&nst Bo$$o,e$ o$ any of &ts Mate$&a+ Aff&+&ates, and any s)#*

L)dgments, de#$ees o$ o$de$s s*a++ #ont&n)e )nsat&sf&ed and &n effe#t fo$ a %e$&od of t*&$ty -<0/ #onse#)t&5e days ,&t*o)t :e&ng 5a#ated, d&s#*a$ged, sat&sf&ed o$ stayed o$ :onded %end&ng a%%ea+0 o$ -=/ If any of t*e fo++o,&ng e5ents s*a++ o##)$ o$ e(&st ,&t* $es%e#t to Bo$$o,e$ o$ any ERI!A Aff&+&ate@ -a/ any 8$o*&:&ted T$ansa#t&on &n5o+5&ng any 8+an0 -:/ any Re%o$ta:+e E5ent ,&t* $es%e#t to any 8+an0 -#/ t*e f&+&ng )nde$ !e#t&on 4041 of ERI!A of a not&#e of &ntent to te$m&nate any 8+an o$ t*e te$m&nat&on of any 8+an0 -d/ any e5ent o$ #&$#)mstan#e ,*&#* ,o)+d #onst&t)te g$o)nds fo$ t*e te$m&nat&on of, o$ fo$ t*e a%%o&ntment of a t$)stee to adm&n&ste$, any 8+an )nde$ !e#t&on 4042 of ERI!A, o$ t*e &nst&t)t&on :y t*e 8BGC of %$o#eed&ngs fo$ any s)#* te$m&nat&on o$ a%%o&ntment )nde$ !e#t&on 4042 of ERI!A0 o$ -e/ #om%+ete o$ %a$t&a+ ,&t*d$a,a+ )nde$ !e#t&on 4201 o$ 4204 of ERI!A f$om a M)+t&em%+oye$ 8+an o$ t*e $eo$gan&'at&on, &nso+5en#y, o$ te$m&nat&on of any M)+t&em%+oye$ 8+an0 and &n ea#* #ase a:o5e, &f s)#* e5ent o$ #ond&t&ons, &f any, #o)+d &n t*e $easona:+e o%&n&on of any Ban7 s):Le#t Bo$$o,e$ to any ta(, %ena+ty, o$ ot*e$ +&a:&+&ty to a 8+an, M)+t&em%+oye$ 8+an, t*e 8BGC o$ ot*e$,&se -o$ any #om:&nat&on t*e$eof/ ,*&#* &n t*e agg$egate e(#eeds o$ &s +&7e+y to e(#eed B>0,0000 o$ -K/ If at any t&me Bo$$o,e$ &s not a C)a+&f&ed $ea+ estate &n5estment t$)st )nde$ !e#t&ons K>E t*$o)g* KE0 of t*e Code o$ &s not a %):+&#+y t$aded #om%any +&sted on t*e Ne, Yo$7 !to#7 E(#*ange0 o$ -;/ If at any t&me any %o$t&on of Bo$$o,e$?s assets #onst&t)te %+an assets fo$ ERI!A %)$%oses -,&t*&n t*e mean&ng of C"4"R" O2>10"<D101/0 o$ -10/ If, &n t*e $easona:+e L)dgment of a++ of t*e Ban7s -and t*e :as&s fo$ s)#* dete$m&nat&on &s %$o5&ded to Bo$$o,e$ &n ,$&t&ng &n $easona:+e deta&+/, t*e$e s*a++ o##)$ a Mate$&a+ Ad5e$se C*ange0 o$ -11/ If, d)$&ng any %e$&od of )% to t,e+5e -12/ #onse#)t&5e mont*s #ommen#&ng on o$ afte$ t*e C+os&ng 9ate, &nd&5&d)a+s ,*o ,e$e d&$e#to$s of Bo$$o,e$ at t*e :eg&nn&ng of s)#* %e$&od -t*e .Cont&n)&ng 9&$e#to$s./, %+)s any ne, d&$e#to$s ,*ose e+e#t&on o$ a%%o&ntment ,as a%%$o5ed :y a maLo$&ty of t*e Cont&n)&ng 9&$e#to$s t*en &n off&#e, s*a++ #ease fo$ any $eason to #onst&t)te a maLo$&ty of t*e Boa$d of 9&$e#to$s of Bo$$o,e$0 o$ -12/ If, t*$o)g* any t$ansa#t&on o$ se$&es of $e+ated t$ansa#t&ons, any 8e$son -&n#+)d&ng Aff&+&ates of s)#* 8e$son/ s*a++ a#C)&$e :enef&#&a+ o,ne$s*&%, d&$e#t+y o$ &nd&$e#t+y, of se#)$&t&es of Bo$$o,e$ -o$ of se#)$&t&es #on5e$t&:+e &nto se#)$&t&es of Bo$$o,e$/ $e%$esent&ng 2>F o$ mo$e of t*e #om:&ned 5ot&ng %o,e$ of a++ se#)$&t&es of Bo$$o,e$ ent&t+ed to 5ote &n t*e e+e#t&on of d&$e#to$s" !e#t&on ;"02 Remed&es" If any E5ent of 9efa)+t s*a++ o##)$ and :e #ont&n)&ng, Adm&n&st$at&5e Agent s*a++, )%on $eC)est of t*e MaLo$&ty Ban7s, :y not&#e to Bo$$o,e$, -1/ de#+a$e t*e o)tstand&ng :a+an#e of t*e Notes, a++ &nte$est t*e$eon, and a++ ot*e$ amo)nts %aya:+e )nde$ t*&s Ag$eement to :e fo$t*,&t* d)e and %aya:+e, ,*e$e)%on s)#* :a+an#e, a++ s)#* &nte$est, and a++ s)#* amo)nts d)e )nde$ t*&s Ag$eement and )nde$ any ot*e$ Loan 9o#)ment s*a++ :e#ome and :e fo$t*,&t* d)e and %aya:+e, ,&t*o)t %$esentment, demand, %$otest, o$ f)$t*e$ not&#e of any 7&nd, a++ of ,*&#* a$e *e$e:y e(%$ess+y ,a&5ed :y Bo$$o,e$0 andGo$ -2/ e(e$#&se any $emed&es %$o5&ded &n any of t*e Loan 9o#)ments o$ :y +a," Not,&t*stand&ng t*e fo$ego&ng, &f an E5ent of 9efa)+t )nde$ !e#t&on ;"01-10/ s*a++ o##)$ and :e #ont&n)&ng, Adm&n&st$at&5e Agent s*a++ not :e ent&t+ed to e(e$#&se t*e fo$ego&ng $emed&es )nt&+ -1/ &t *as $e#e&5ed a ,$&tten not&#e f$om a++ of t*e Ban7s -t*e . nan&mo)s Ban7 Not&#es./ -&/ $eC)est&ng Adm&n&st$at&5e Agent e(e$#&se s)#* $emed&es and -&&/ &nd&#at&ng ea#* Ban7?s #on#+)s&on &n &ts $easona:+e L)dgment t*at a Mate$&a+ Ad5e$se C*ange *as o##)$$ed and -2/ Adm&n&st$at&5e Agent *as %$o5&ded not&#e to Bo$$o,e$, toget*e$ ,&t* #o%&es of a++ of t*e nan&mo)s Ban7 Not&#es" ARTICLE J A9MINI!TRATIVE AGENT0 RELATION! AMONG BAN2! !e#t&on 10"01 A%%o&ntment, 8o,e$s and Imm)n&t&es of Adm&n&st$at&5e Agent " Ea#* Ban7 *e$e:y &$$e5o#a:+y a%%o&nts and a)t*o$&'es Adm&n&st$at&5e Agent to a#t as &ts agent *e$e)nde$ and )nde$ any ot*e$ Loan 9o#)ment ,&t* s)#* %o,e$s as a$e s%e#&f&#a++y de+egated to Adm&n&st$at&5e Agent :y t*e te$ms of t*&s Ag$eement and any ot*e$ Loan 9o#)ment, toget*e$ ,&t* s)#* ot*e$ %o,e$s as a$e $easona:+y &n#&denta+ t*e$eto" Adm&n&st$at&5e Agent s*a++ *a5e no d)t&es o$ $es%ons&:&+&t&es e(#e%t t*ose e(%$ess+y set fo$t* &n t*&s Ag$eement and any ot*e$ Loan

9o#)ment o$ $eC)&$ed :y La,, and s*a++ not :y $eason of t*&s Ag$eement :e a f&d)#&a$y o$ t$)stee fo$ any Ban7 e(#e%t to t*e e(tent t*at Adm&n&st$at&5e Agent a#ts as an agent ,&t* $es%e#t to t*e $e#e&%t o$ %ayment of f)nds -no$ s*a++ Adm&n&st$at&5e Agent *a5e any f&d)#&a$y d)ty to Bo$$o,e$ no$ s*a++ any Ban7 *a5e any f&d)#&a$y d)ty to Bo$$o,e$ o$ to any ot*e$ Ban7/" No &m%+&ed #o5enants, $es%ons&:&+&t&es, d)t&es, o:+&gat&ons o$ +&a:&+&t&es s*a++ :e $ead &nto t*&s Ag$eement o$ ot*e$,&se e(&st aga&nst Adm&n&st$at&5e Agent" Ne&t*e$ Adm&n&st$at&5e Agent no$ any of &ts d&$e#to$s, off&#e$s, em%+oyees, atto$neysD&nDfa#t o$ aff&+&ates s*a++ :e $es%ons&:+e to t*e Ban7s fo$ any $e#&ta+s, statements, $e%$esentat&ons o$ ,a$$ant&es made :y Bo$$o,e$ o$ any off&#e$, %a$tne$ o$ off&#&a+ of Bo$$o,e$ o$ any ot*e$ 8e$son #onta&ned &n t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment, o$ &n any #e$t&f&#ate o$ ot*e$ do#)ment o$ &nst$)ment $efe$$ed to o$ %$o5&ded fo$ &n, o$ $e#e&5ed :y any of t*em )nde$, t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment, o$ fo$ t*e 5a+)e, +ega+&ty, 5a+&d&ty, effe#t&5eness, gen)&neness, enfo$#ea:&+&ty o$ s)ff&#&en#y of t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment o$ any ot*e$ do#)ment o$ &nst$)ment $efe$$ed to o$ %$o5&ded fo$ *e$e&n o$ t*e$e&n, fo$ t*e %e$fe#t&on o$ %$&o$&ty of any L&en se#)$&ng t*e O:+&gat&ons o$ fo$ any fa&+)$e :y Bo$$o,e$ to %e$fo$m any of &ts o:+&gat&ons *e$e)nde$ o$ t*e$e)nde$" Adm&n&st$at&5e Agent may em%+oy agents and atto$neysD&nDfa#t and s*a++ not :e $es%ons&:+e, e(#e%t as to money o$ se#)$&t&es $e#e&5ed :y &t o$ &ts a)t*o$&'ed agents, fo$ t*e neg+&gen#e o$ m&s#ond)#t of any s)#* agents o$ atto$neysD&nDfa#t se+e#ted :y &t ,&t* $easona:+e #a$e" Ne&t*e$ Adm&n&st$at&5e Agent no$ any of &ts d&$e#to$s, off&#e$s, em%+oyees, atto$neysD&nDfa#t, agents o$ aff&+&ates s*a++ :e +&a:+e o$ $es%ons&:+e fo$ any a#t&on ta7en o$ om&tted to :e ta7en :y &t o$ t*em *e$e)nde$ o$ )nde$ any ot*e$ Loan 9o#)ment o$ &n #onne#t&on *e$e,&t* o$ t*e$e,&t*, e(#e%t fo$ &ts o$ t*e&$ o,n g$oss neg+&gen#e o$ ,&++f)+ m&s#ond)#t" Bo$$o,e$ s*a++ %ay any fee ag$eed to :y Bo$$o,e$ and Adm&n&st$at&5e Agent ,&t* $es%e#t to Adm&n&st$at&5e Agent?s se$5&#es *e$e)nde$" !e#t&on 10"02 Re+&an#e :y Adm&n&st$at&5e Agent " Adm&n&st$at&5e Agent s*a++ :e ent&t+ed to $e+y )%on any #e$t&f&#at&on, not&#e o$ ot*e$ #omm)n&#at&on -&n#+)d&ng any t*e$eof :y te+e%*one, te+e(, te+eg$am o$ #a:+e/ :e+&e5ed :y &t to :e gen)&ne and #o$$e#t and to *a5e :een s&gned o$ sent :y o$ on :e*a+f of t*e %$o%e$ 8e$son o$ 8e$sons, and )%on ad5&#e and statements of +ega+ #o)nse+, &nde%endent a##o)ntants and ot*e$ e(%e$ts se+e#ted :y Adm&n&st$at&5e Agent" Adm&n&st$at&5e Agent may deem and t$eat ea#* Ban7 as t*e *o+de$ of t*e Loan made :y &t fo$ a++ %)$%oses *e$eof and s*a++ not :e $eC)&$ed to dea+ ,&t* any 8e$son ,*o *as a#C)&$ed a 8a$t&#&%at&on &n any Loan o$ 8a$t&#&%at&on f$om a Ban7" As to any matte$s not e(%$ess+y %$o5&ded fo$ :y t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment, Adm&n&st$at&5e Agent s*a++ &n a++ #ases :e f)++y %$ote#ted &n a#t&ng, o$ &n $ef$a&n&ng f$om a#t&ng, *e$e)nde$ &n a##o$dan#e ,&t* &nst$)#t&ons s&gned :y t*e MaLo$&ty Ban7s, !)%e$DMaLo$&ty Ban7s o$ a++ Ban7s, as $eC)&$ed :y t*&s Ag$eement, and s)#* &nst$)#t&ons of t*e MaLo$&ty Ban7s, !)%e$DMaLo$&ty Ban7s o$ a++ Ban7s, as t*e #ase may :e, and any a#t&on ta7en o$ fa&+)$e to a#t %)$s)ant t*e$eto, s*a++ :e :&nd&ng on a++ of t*e Ban7s and any ot*e$ *o+de$ of a++ o$ any %o$t&on of any Loan o$ 8a$t&#&%at&on" !e#t&on 10"0< 9efa)+ts" Adm&n&st$at&5e Agent s*a++ not :e deemed to *a5e 7no,+edge of t*e o##)$$en#e of a 9efa)+t o$ E5ent of 9efa)+t )n+ess Adm&n&st$at&5e Agent *as $e#e&5ed not&#e f$om a Ban7 o$ Bo$$o,e$ s%e#&fy&ng s)#* 9efa)+t o$ E5ent of 9efa)+t and stat&ng t*at s)#* not&#e &s a .Not&#e of 9efa)+t". In t*e e5ent t*at Adm&n&st$at&5e Agent $e#e&5es s)#* a not&#e of t*e o##)$$en#e of a 9efa)+t o$ E5ent of 9efa)+t, Adm&n&st$at&5e Agent s*a++ g&5e %$om%t not&#e t*e$eof to t*e Ban7s" Adm&n&st$at&5e Agent, fo++o,&ng #ons)+tat&on ,&t* t*e Ban7s, s*a++ -s):Le#t to !e#t&on 10"0=/ ta7e s)#* a#t&on ,&t* $es%e#t to s)#* 9efa)+t o$ E5ent of 9efa)+t ,*&#* &s #ont&n)&ng as s*a++ :e d&$e#ted :y t*e MaLo$&ty Ban7s0 %$o5&ded t*at, )n+ess and )nt&+ Adm&n&st$at&5e Agent s*a++ *a5e $e#e&5ed s)#* d&$e#t&ons, Adm&n&st$at&5e Agent may ta7e s)#* a#t&on, o$ $ef$a&n f$om ta7&ng s)#* a#t&on, ,&t* $es%e#t to s)#* 9efa)+t o$ E5ent of 9efa)+t as &t s*a++ deem ad5&sa:+e &n t*e :est &nte$est of t*e Ban7s0 and %$o5&ded f)$t*e$ t*at Adm&n&st$at&5e Agent s*a++ not send a not&#e of 9efa)+t o$ a##e+e$at&on to Bo$$o,e$ ,&t*o)t t*e a%%$o5a+ of t*e MaLo$&ty Ban7s" In no e5ent s*a++ Adm&n&st$at&5e Agent :e $eC)&$ed to ta7e any s)#* a#t&on ,*&#* &t dete$m&nes to :e #ont$a$y to La, o$ to t*e Loan 9o#)ments" Ea#* of t*e Ban7s a#7no,+edges and ag$ees t*at no &nd&5&d)a+ Ban7 may se%a$ate+y enfo$#e o$ e(e$#&se any of t*e %$o5&s&ons of any of t*e Loan 9o#)ments, &n#+)d&ng, ,&t*o)t +&m&tat&on, t*e Notes, ot*e$ t*an t*$o)g* Adm&n&st$at&5e Agent" !e#t&on 10"04 R&g*ts of Adm&n&st$at&5e Agent as a Ban7" N&t* $es%e#t to &ts Loan Comm&tment and t*e Loan %$o5&ded :y &t, Adm&n&st$at&5e Agent &n &ts #a%a#&ty as a Ban7 *e$e)nde$ s*a++ *a5e t*e same $&g*ts and %o,e$s *e$e)nde$ as any ot*e$ Ban7 and may e(e$#&se t*e same as t*o)g* &t ,e$e not a#t&ng as Adm&n&st$at&5e Agent, and t*e te$m .Ban7. o$ .Ban7s. s*a++, )n+ess t*e #onte(t ot*e$,&se &nd&#ates, &n#+)de Adm&n&st$at&5e Agent &n &ts #a%a#&ty as a Ban7" Adm&n&st$at&5e Agent and &ts Aff&+&ates may -,&t*o)t *a5&ng to a##o)nt t*e$efo$ to any Ban7/ a##e%t de%os&ts f$om, +end money to -on a se#)$ed o$ )nse#)$ed :as&s/, and gene$a++y engage &n any 7&nd of :an7&ng, t$)st o$ ot*e$ :)s&ness ,&t* Bo$$o,e$ -and any Aff&+&ates of Bo$$o,e$/ as &f &t ,e$e not a#t&ng as Adm&n&st$at&5e Agent"

!e#t&on 10"0> Indemn&f&#at&on of Adm&n&st$at&5e Agent " Ea#* Ban7 ag$ees to &ndemn&fy Adm&n&st$at&5e Agent -to t*e e(tent not $e&m:)$sed )nde$ !e#t&on 12"04 o$ )nde$ t*e a%%+&#a:+e %$o5&s&ons of any ot*e$ Loan 9o#)ment, :)t ,&t*o)t +&m&t&ng t*e o:+&gat&ons of Bo$$o,e$ )nde$ !e#t&on 12"04 o$ s)#* %$o5&s&ons/, fo$ &ts 8$o Rata !*a$e of any and a++ +&a:&+&t&es, o:+&gat&ons, +osses, damages, %ena+t&es, a#t&ons, L)dgments, s)&ts, #osts, e(%enses o$ d&s:)$sements of any 7&nd and nat)$e ,*atsoe5e$ ,*&#* may :e &m%osed on, &n#)$$ed :y o$ asse$ted aga&nst Adm&n&st$at&5e Agent &n any ,ay $e+at&ng to o$ a$&s&ng o)t of t*&s Ag$eement, any ot*e$ Loan 9o#)ment o$ any ot*e$ do#)ments #ontem%+ated :y o$ $efe$$ed to *e$e&n o$ t*e t$ansa#t&ons #ontem%+ated *e$e:y o$ t*e$e:y -&n#+)d&ng, ,&t*o)t +&m&tat&on, t*e #osts and e(%enses ,*&#* Bo$$o,e$ &s o:+&gated to %ay )nde$ !e#t&on 12"04/ o$ )nde$ t*e a%%+&#a:+e %$o5&s&ons of any ot*e$ Loan 9o#)ment o$ t*e enfo$#ement of any of t*e te$ms *e$eof o$ t*e$eof o$ of any s)#* ot*e$ do#)ments o$ &nst$)ments0 %$o5&ded t*at no Ban7 s*a++ :e +&a:+e fo$ -1/ any of t*e fo$ego&ng to t*e e(tent t*ey a$&se f$om t*e g$oss neg+&gen#e o$ ,&++f)+ m&s#ond)#t of t*e %a$ty to :e &ndemn&f&ed, -2/ any +oss of %$&n#&%a+ o$ &nte$est ,&t* $es%e#t to Adm&n&st$at&5e Agent?s Loan o$ -</ any +oss s)ffe$ed :y Adm&n&st$at&5e Agent &n #onne#t&on ,&t* a s,a% o$ ot*e$ &nte$est $ate *edg&ng a$$angement ente$ed &nto ,&t* Bo$$o,e$" !e#t&on 10"0E NonD Re+&an#e on Adm&n&st$at&5e Agent and Ot*e$ Ban7s" Ea#* Ban7 ag$ees t*at &t *as, &nde%endent+y and ,&t*o)t $e+&an#e on Adm&n&st$at&5e Agent o$ any ot*e$ Ban7, and :ased on s)#* do#)ments and &nfo$mat&on as &t *as deemed a%%$o%$&ate, made &ts o,n #$ed&t ana+ys&s of Bo$$o,e$ and t*e de#&s&on to ente$ &nto t*&s Ag$eement and t*at &t ,&++, &nde%endent+y and ,&t*o)t $e+&an#e )%on Adm&n&st$at&5e Agent o$ any ot*e$ Ban7, and :ased on s)#* do#)ments and &nfo$mat&on as &t s*a++ deem a%%$o%$&ate at t*e t&me, #ont&n)e to ma7e &ts o,n ana+ys&s and de#&s&ons &n ta7&ng o$ not ta7&ng a#t&on )nde$ t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment" Adm&n&st$at&5e Agent s*a++ not :e $eC)&$ed to 7ee% &tse+f &nfo$med as to t*e %e$fo$man#e o$ o:se$5an#e :y Bo$$o,e$ of t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment o$ any ot*e$ do#)ment $efe$$ed to o$ %$o5&ded fo$ *e$e&n o$ t*e$e&n o$ to &ns%e#t t*e %$o%e$t&es o$ :oo7s of Bo$$o,e$" E(#e%t fo$ not&#es, $e%o$ts and ot*e$ do#)ments and &nfo$mat&on e(%$ess+y $eC)&$ed to :e f)$n&s*ed to t*e Ban7s :y Adm&n&st$at&5e Agent *e$e)nde$, Adm&n&st$at&5e Agent s*a++ not *a5e any d)ty o$ $es%ons&:&+&ty to %$o5&de any Ban7 ,&t* any #$ed&t o$ ot*e$ &nfo$mat&on #on#e$n&ng t*e affa&$s, f&nan#&a+ #ond&t&on o$ :)s&ness of Bo$$o,e$ -o$ any Aff&+&ate of Bo$$o,e$/ ,*&#* may #ome &nto t*e %ossess&on of Adm&n&st$at&5e Agent o$ any of &ts Aff&+&ates" Adm&n&st$at&5e Agent s*a++ not :e $eC)&$ed to f&+e t*&s Ag$eement, any ot*e$ Loan 9o#)ment o$ any do#)ment o$ &nst$)ment $efe$$ed to *e$e&n o$ t*e$e&n, fo$ $e#o$d o$ g&5e not&#e of t*&s Ag$eement, any ot*e$ Loan 9o#)ment o$ any do#)ment o$ &nst$)ment $efe$$ed to *e$e&n o$ t*e$e&n, to anyone" !e#t&on 10"0= 4a&+)$e of Adm&n&st$at&5e Agent to A#t" E(#e%t fo$ a#t&on e(%$ess+y $eC)&$ed of Adm&n&st$at&5e Agent *e$e)nde$, Adm&n&st$at&5e Agent s*a++ &n a++ #ases :e f)++y L)st&f&ed &n fa&+&ng o$ $ef)s&ng to a#t *e$e)nde$ )n+ess &t s*a++ *a5e $e#e&5ed f)$t*e$ ass)$an#es -,*&#* may &n#+)de #as* #o++ate$a+/ of t*e &ndemn&f&#at&on o:+&gat&ons of t*e Ban7s )nde$ !e#t&on 10"0> &n $es%e#t of any and a++ +&a:&+&ty and e(%ense ,*&#* may :e &n#)$$ed :y &t :y $eason of ta7&ng o$ #ont&n)&ng to ta7e any s)#* a#t&on" If any &ndemn&ty f)$n&s*ed :y t*e Ban7s to Adm&n&st$at&5e Agent fo$ any %)$%ose s*a++, &n t*e $easona:+e o%&n&on of Adm&n&st$at&5e Agent, :e &ns)ff&#&ent o$ :e#ome &m%a&$ed, Adm&n&st$at&5e Agent may #a++ fo$ add&t&ona+ &ndemn&ty and #ease, o$ not #ommen#e, to do t*e a#t&on &ndemn&f&ed aga&nst )nt&+ s)#* add&t&ona+ &ndemn&ty &s f)$n&s*ed" !e#t&on 10"0K Res&gnat&on o$ Remo5a+ of Adm&n&st$at&5e Agent" Adm&n&st$at&5e Agent *e$e:y ag$ees not to )n&+ate$a++y $es&gn e(#e%t &n t*e e5ent &t :e#omes an Affe#ted Ban7 and &s $emo5ed o$ $e%+a#ed as a Ban7 %)$s)ant to !e#t&on <"0=, &n ,*&#* e5ent &t s*a++ *a5e t*e $&g*t to $es&gn" 4+eet ag$ees t*at &t may :e $e%+a#ed as Adm&n&st$at&5e Agent :y t*e MaLo$&ty Ban7s &f &ts Loan Comm&tment &s $ed)#ed to B2>,000,000 o$ +ess t*$o)g* ass&gnments to Ass&gnees" In add&t&on, Adm&n&st$at&5e Agent may :e $emo5ed at any t&me ,&t* #a)se :y t*e !)%e$D MaLo$&ty Ban7s" In t*e #ase of any $emo5a+ of Adm&n&st$at&5e Agent, Bo$$o,e$ and t*e Ban7s s*a++ :e %$om%t+y not&f&ed t*e$eof" %on any s)#* $es&gnat&on o$ $emo5a+ of Adm&n&st$at&5e Agent, t*e !)%e$DMaLo$&ty Ban7s s*a++ *a5e t*e $&g*t to a%%o&nt a s)##esso$ Adm&n&st$at&5e Agent, ,*&#* s)##esso$ Adm&n&st$at&5e Agent, so +ong as &t &s $easona:+y a##e%ta:+e to t*e !)%e$DMaLo$&ty Ban7s, s*a++ :e t*at Ban7 t*en *a5&ng t*e g$eatest Loan Comm&tment0 &f t,o -2/ o$ mo$e Ban7s *a5e an eC)a+ g$eatest Loan Comm&tment, t*e !)%e$DMaLo$&ty Ban7s s*a++ se+e#t :et,een o$ among t*em" If no s)##esso$ Adm&n&st$at&5e Agent s*a++ *a5e :een so a%%o&nted :y t*e !)%e$DMaLo$&ty Ban7s and s*a++ *a5e a##e%ted s)#* a%%o&ntment ,&t*&n t*&$ty -<0/ days afte$ t*e !)%e$DMaLo$&ty Ban7s? $emo5a+ of t*e $et&$&ng Adm&n&st$at&5e Agent, t*en t*e $et&$&ng Adm&n&st$at&5e Agent may, on :e*a+f of t*e Ban7s, a%%o&nt a s)##esso$ Adm&n&st$at&5e Agent, ,*&#* s*a++ :e one of t*e Ban7s" T*e !)%e$DMaLo$&ty Ban7s o$ t*e $et&$&ng Adm&n&st$at&5e Agent, as t*e #ase may :e, s*a++ )%on t*e a%%o&ntment of a s)##esso$ Adm&n&st$at&5e Agent %$om%t+y so not&fy Bo$$o,e$ and t*e ot*e$ Ban7s" %on t*e a##e%tan#e of any a%%o&ntment as Adm&n&st$at&5e Agent *e$e)nde$ :y a s)##esso$ Adm&n&st$at&5e Agent, s)#* s)##esso$ Adm&n&st$at&5e Agent s*a++ t*e$e)%on s)##eed to

and :e#ome 5ested ,&t* a++ t*e $&g*ts, %o,e$s, %$&5&+eges and d)t&es of t*e $et&$&ng Adm&n&st$at&5e Agent, and t*e $et&$&ng Adm&n&st$at&5e Agent s*a++ :e d&s#*a$ged f$om &ts d)t&es and o:+&gat&ons *e$e)nde$" Afte$ any $et&$&ng Adm&n&st$at&5e Agent?s $emo5a+ *e$e)nde$ as Adm&n&st$at&5e Agent, t*e %$o5&s&ons of t*&s A$t&#+e J s*a++ #ont&n)e &n effe#t fo$ &ts :enef&t &n $es%e#t of any a#t&ons ta7en o$ om&tted to :e ta7en :y &t ,*&+e &t ,as a#t&ng as Adm&n&st$at&5e Agent" !e#t&on 10"0; Amendments Con#e$n&ng Agen#y 4)n#t&on" Not,&t*stand&ng anyt*&ng to t*e #ont$a$y #onta&ned *e$e&n, Adm&n&st$at&5e Agent s*a++ not :e :o)nd :y any ,a&5e$, amendment, s)%%+ement o$ mod&f&#at&on *e$eof o$ of any ot*e$ Loan 9o#)ment ,*&#* affe#ts &ts d)t&es, $&g*ts, andGo$ f)n#t&on *e$e)nde$ o$ t*e$e)nde$ )n+ess &t s*a++ *a5e g&5en &ts %$&o$ ,$&tten #onsent t*e$eto" !e#t&on 10"10 L&a:&+&ty of Adm&n&st$at&5e Agent" Adm&n&st$at&5e Agent s*a++ not *a5e any +&a:&+&t&es o$ $es%ons&:&+&t&es to Bo$$o,e$ on a##o)nt of t*e fa&+)$e of any Ban7 to %e$fo$m &ts o:+&gat&ons *e$e)nde$ o$ to any Ban7 on a##o)nt of t*e fa&+)$e of Bo$$o,e$ to %e$fo$m &ts o:+&gat&ons *e$e)nde$ o$ )nde$ any ot*e$ Loan 9o#)ment" !e#t&on 10"11 T$ansfe$ of Agen#y 4)n#t&on" N&t*o)t t*e #onsent of Bo$$o,e$ o$ any Ban7, Adm&n&st$at&5e Agent may at any t&me o$ f$om t&me to t&me t$ansfe$ &ts f)n#t&ons as Adm&n&st$at&5e Agent *e$e)nde$ to any of &ts off&#es ,*e$e5e$ +o#ated &n t*e n&ted !tates, %$o5&ded t*at Adm&n&st$at&5e Agent s*a++ %$om%t+y not&fy Bo$$o,e$ and t*e Ban7s t*e$eof" !e#t&on 10"12 NonDRe#e&%t of 4)nds :y Adm&n&st$at&5e Agent " -a/ n+ess Adm&n&st$at&5e Agent s*a++ *a5e $e#e&5ed not&#e f$om a Ban7 o$ Bo$$o,e$ -e&t*e$ one as a%%$o%$&ate :e&ng t*e .8ayo$./ %$&o$ to t*e date on ,*&#* s)#* Ban7 &s to ma7e %ayment *e$e)nde$ to Adm&n&st$at&5e Agent of t*e %$o#eeds of a Loan o$ Bo$$o,e$ &s to ma7e %ayment to Adm&n&st$at&5e Agent, as t*e #ase may :e -e&t*e$ s)#* %ayment :e&ng a .ReC)&$ed 8ayment./, ,*&#* not&#e s*a++ :e effe#t&5e )%on $e#e&%t, t*at t*e 8ayo$ ,&++ not ma7e t*e ReC)&$ed 8ayment &n f)++ to Adm&n&st$at&5e Agent, Adm&n&st$at&5e Agent may ass)me t*at t*e ReC)&$ed 8ayment *as :een made &n f)++ to Adm&n&st$at&5e Agent on s)#* date, and Adm&n&st$at&5e Agent &n &ts so+e d&s#$et&on may, :)t s*a++ not :e o:+&gated to, &n $e+&an#e )%on s)#* ass)m%t&on, ma7e t*e amo)nt t*e$eof a5a&+a:+e to t*e &ntended $e#&%&ent on s)#* date" If and to t*e e(tent t*e 8ayo$ s*a++ not *a5e &n fa#t so made t*e ReC)&$ed 8ayment &n f)++ to Adm&n&st$at&5e Agent, t*e $e#&%&ent of s)#* %ayment s*a++ $e%ay to Adm&n&st$at&5e Agent fo$t*,&t* on demand s)#* amo)nt made a5a&+a:+e to &t toget*e$ ,&t* &nte$est t*e$eon, fo$ ea#* day f$om t*e date s)#* amo)nt ,as so made a5a&+a:+e :y Adm&n&st$at&5e Agent )nt&+ t*e date Adm&n&st$at&5e Agent $e#o5e$s s)#* amo)nt, at t*e #)stoma$y $ate set :y Adm&n&st$at&5e Agent fo$ t*e #o$$e#t&on of e$$o$s among Ban7s fo$ t*$ee -</ Ban7&ng 9ays and t*e$eafte$ at t*e Base Rate" -:/ If, afte$ Adm&n&st$at&5e Agent *as %a&d ea#* Ban7?s s*a$e of any %ayment $e#e&5ed o$ a%%+&ed :y Adm&n&st$at&5e Agent &n $es%e#t of t*e Loan, t*at %ayment &s $es#&nded o$ m)st ot*e$,&se :e $et)$ned o$ %a&d o5e$ :y Adm&n&st$at&5e Agent, ,*et*e$ %)$s)ant to any :an7$)%t#y o$ &nso+5en#y La,, s*a$&ng of %ayments #+a)se of any +oan ag$eement o$ ot*e$,&se, s)#* Ban7 s*a++, at Adm&n&st$at&5e Agent?s $eC)est, %$om%t+y $et)$n &ts s*a$e of s)#* %ayment o$ a%%+&#at&on to Adm&n&st$at&5e Agent, toget*e$ ,&t* s)#* Ban7?s %$o%o$t&onate s*a$e of any &nte$est o$ ot*e$ amo)nt $eC)&$ed to :e %a&d :y Adm&n&st$at&5e Agent ,&t* $es%e#t to s)#* %ayment o$ a%%+&#at&on" In add&t&on, &f a #o)$t of #om%etent L)$&sd&#t&on s*a++ adL)dge t*at any amo)nt $e#e&5ed and d&st$&:)ted :y Adm&n&st$at&5e Agent &s to :e $e%a&d, ea#* 8e$son to ,*om any s)#* d&st$&:)t&on s*a++ *a5e :een made s*a++ e&t*e$ $e%ay to Adm&n&st$at&5e Agent &ts s*a$e of t*e amo)nt so adL)dged to :e $e%a&d o$ s*a++ %ay o5e$ to t*e same &n s)#* manne$ and to s)#* 8e$sons as s*a++ :e dete$m&ned :y s)#* #o)$t" !e#t&on 10"1< N&t**o+d&ng Ta(es" Ea#* Ban7 $e%$esents t*at &t &s ent&t+ed to $e#e&5e any %ayments to :e made to &t *e$e)nde$ ,&t*o)t t*e ,&t**o+d&ng of any ta( and ,&++ f)$n&s* to Adm&n&st$at&5e Agent s)#* fo$ms, #e$t&f&#at&ons, statements and ot*e$ do#)ments as Adm&n&st$at&5e Agent may $eC)est f$om t&me to t&me to e5&den#e s)#* Ban7?s e(em%t&on f$om t*e ,&t**o+d&ng of any ta( &m%osed :y any L)$&sd&#t&on o$ to ena:+e Adm&n&st$at&5e Agent o$ Bo$$o,e$ to #om%+y ,&t* any a%%+&#a:+e La,s o$ $eg)+at&ons $e+at&ng t*e$eto" N&t*o)t +&m&t&ng t*e effe#t of t*e fo$ego&ng, &f any Ban7 &s not #$eated o$ o$gan&'ed )nde$ t*e La,s of t*e n&ted !tates of Ame$&#a o$ any state t*e$eof, s)#* Ban7 ,&++ f)$n&s* to Adm&n&st$at&5e Agent a n&ted !tates Inte$na+ Re5en)e !e$5&#e 4o$m NDKECI &n $es%e#t of a++ %ayments to :e made to s)#* Ban7 :y Bo$$o,e$ o$ Adm&n&st$at&5e Agent )nde$ t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment o$ a n&ted !tates Inte$na+ Re5en)e !e$5&#e 4o$m NDKBEN esta:+&s*&ng s)#* Ban7?s #om%+ete e(em%t&on f$om n&ted !tates ,&t**o+d&ng ta( &n $es%e#t of %ayments to :e made to s)#* Ban7 :y Bo$$o,e$ o$ Adm&n&st$at&5e Agent )nde$ t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment, o$ s)#* ot*e$ fo$ms, #e$t&f&#at&ons, statements o$ do#)ments, d)+y e(e#)ted and #om%+eted :y s)#* Ban7 as e5&den#e of s)#* Ban7?s e(em%t&on f$om t*e ,&t**o+d&ng of "!" ta( ,&t* $es%e#t t*e$eto" Adm&n&st$at&5e Agent s*a++ not :e o:+&gated to

ma7e any %ayments *e$e)nde$ to s)#* Ban7 &n $es%e#t of any Loan o$ 8a$t&#&%at&on o$ s)#* Ban7?s Loan Comm&tment o$ o:+&gat&on to %)$#*ase 8a$t&#&%at&ons )nt&+ s)#* Ban7 s*a++ *a5e f)$n&s*ed to Adm&n&st$at&5e Agent t*e $eC)ested fo$m, #e$t&f&#at&on, statement o$ do#)ment" !e#t&on 10"14 M&n&m)m Comm&tment :y CoDAgents" Ea#* of 4+eet and C*ase ag$ees t*at, &n t*e e5ent &t se++s &ts &nd&5&d)a+ Loan Comm&tment do,n to 'e$o, &t may :e $emo5ed as a CoDAgent :y t*e MaLo$&ty Ban7s" In add&t&on, &n t*e e5ent C*ase?s Ind&5&d)a+ Loan Comm&tment &s $ed)#ed to B2>,000,000 o$ +ess t*$o)g* ass&gnments, Bo$$o,e$ may $e%+a#e C*ase as !ynd&#at&on Agent ,&t* a +end&ng &nst&t)t&on se+e#ted :y Bo$$o,e$" In ma7&ng s)#* se+e#t&on, Bo$$o,e$ ,&++ #ons&de$ &n good fa&t* 4+eet, Ban7 of Ame$&#a, N"A", 4&$st n&on Nat&ona+ Ban7 and C&t&#o$% Rea+ Estate, In#" !e#t&on 10"1> 8$o Rata T$eatment" E(#e%t to t*e e(tent ot*e$,&se %$o5&ded, -1/ ea#* ad5an#e of %$o#eeds of t*e Rata:+e Loans s*a++ :e made :y t*e Ban7s0 -2/ ea#* $ed)#t&on of t*e amo)nt of t*e Tota+ Loan Comm&tment )nde$ !e#t&on 2"10 s*a++ :e a%%+&ed to t*e Loan Comm&tments of t*e Ban7s0 and -</ ea#* %ayment of t*e fee a##$)&ng )nde$ %a$ag$a%* -:/ of !e#t&on 2"0= and #+a)se -1/ of !e#t&on 2"1E-f/ s*a++ :e made fo$ t*e a##o)nt of t*e Ban7s, $ata:+y a##o$d&ng to t*e amo)nts of t*e&$ $es%e#t&5e Loan Comm&tments" E(#e%t as ot*e$,&se e(%$ess+y %$o5&ded &n t*&s Ag$eement, ea#* %ayment &n $es%e#t of %$&n#&%a+ o$ &nte$est )nde$ t*e Loans s*a++ :e a%%+&ed to s)#* o:+&gat&ons o,&ng to t*e Ban7s %$o $ata a##o$d&ng to t*e $es%e#t&5e amo)nts t*en d)e and o,&ng to t*e Ban7s" !e#t&on 10"1E !*a$&ng of 8ayments Among Ban7s" If a Ban7 s*a++ o:ta&n %ayment of any %$&n#&%a+ of o$ &nte$est on any Loan made :y &t t*$o)g* t*e e(e$#&se of any $&g*t of setoff, :an7e$?s +&en, #o)nte$#+a&m, o$ :y any ot*e$ means -&n#+)d&ng d&$e#t %ayment/, and s)#* %ayment $es)+ts &n s)#* Ban7 $e#e&5&ng a g$eate$ %ayment t*an &t ,o)+d *a5e :een ent&t+ed to *ad s)#* %ayment :een %a&d d&$e#t+y to Adm&n&st$at&5e Agent fo$ d&s:)$sement to t*e Ban7s, t*en s)#* Ban7 s*a++ %$om%t+y %)$#*ase fo$ #as* f$om t*e ot*e$ Ban7s 8a$t&#&%at&ons &n t*e Loans made :y t*e ot*e$ Ban7s &n s)#* amo)nts, and ma7e s)#* ot*e$ adL)stments f$om t&me to t&me as s*a++ :e eC)&ta:+e to t*e end t*at a++ t*e Ban7s s*a++ s*a$e $ata:+y t*e :enef&t of s)#* %ayment" To s)#* end t*e Ban7s s*a++ ma7e a%%$o%$&ate adL)stments among t*emse+5es -:y t*e $esa+e of 8a$t&#&%at&ons so+d o$ ot*e$,&se/ &f s)#* %ayment &s $es#&nded o$ m)st ot*e$,&se :e $esto$ed" Bo$$o,e$ ag$ees t*at any Ban7 so %)$#*as&ng a 8a$t&#&%at&on &n t*e Loans made :y ot*e$ Ban7s may e(e$#&se a++ $&g*ts of setoff, :an7e$?s +&en, #o)nte$#+a&m o$ s&m&+a$ $&g*ts ,&t* $es%e#t to s)#* 8a$t&#&%at&on" Not*&ng #onta&ned *e$e&n s*a++ $eC)&$e any Ban7 to e(e$#&se any s)#* $&g*t o$ s*a++ affe#t t*e $&g*t of any Ban7 to e(e$#&se, and $eta&n t*e :enef&ts of e(e$#&s&ng, any s)#* $&g*t ,&t* $es%e#t to any ot*e$ &nde:tedness of Bo$$o,e$" !e#t&on 10"1= 8ossess&on of 9o#)ments" Ea#* Ban7 s*a++ 7ee% %ossess&on of &ts o,n Rata:+e Loan Note and t*e !,&ng Lende$ s*a++ 7ee% %ossess&on of &ts !,&ng Loan Note" Adm&n&st$at&5e Agent s*a++ *o+d a++ t*e ot*e$ Loan 9o#)ments and $e+ated do#)ments &n &ts %ossess&on and ma&nta&n se%a$ate $e#o$ds and a##o)nts ,&t* $es%e#t t*e$eto, and s*a++ %e$m&t t*e Ban7s and t*e&$ $e%$esentat&5es a##ess at a++ $easona:+e t&mes to &ns%e#t s)#* Loan 9o#)ments, $e+ated do#)ments, $e#o$ds and a##o)nts" ARTICLE JI NAT RE O4 OBLIGATION! !e#t&on 11"01 A:so+)te and n#ond&t&ona+ O:+&gat&ons" Bo$$o,e$ a#7no,+edges and ag$ees t*at &ts o:+&gat&ons and +&a:&+&t&es )nde$ t*&s Ag$eement and )nde$ t*e ot*e$ Loan 9o#)ments s*a++ :e a:so+)te and )n#ond&t&ona+ &$$es%e#t&5e of -1/ any +a#7 of 5a+&d&ty o$ enfo$#ea:&+&ty of any of t*e O:+&gat&ons, any Loan 9o#)ments, o$ any ag$eement o$ &nst$)ment $e+at&ng t*e$eto0 -2/ any #*ange &n t*e t&me, manne$ o$ %+a#e of %ayment of, o$ &n any ot*e$ te$m &n $es%e#t of, a++ o$ any of t*e O:+&gat&ons, o$ any ot*e$ amendment o$ ,a&5e$ of o$ #onsent to any de%a$t)$e f$om any Loan 9o#)ments o$ any ot*e$ do#)ments o$ &nst$)ments e(e#)ted &n #onne#t&on ,&t* o$ $e+ated to t*e O:+&gat&ons0 -</ any e(#*ange o$ $e+ease of any #o++ate$a+, &f any, o$ of any ot*e$ 8e$son f$om a++ o$ any of t*e O:+&gat&ons0 o$ -4/ any ot*e$ #&$#)mstan#es ,*&#* m&g*t ot*e$,&se #onst&t)te a defense a5a&+a:+e to, o$ a d&s#*a$ge of, Bo$$o,e$ o$ any ot*e$ 8e$son &n $es%e#t of t*e O:+&gat&ons" T*e o:+&gat&ons and +&a:&+&t&es of Bo$$o,e$ )nde$ t*&s Ag$eement and ot*e$ Loan 9o#)ments s*a++ not :e #ond&t&oned o$ #ont&ngent )%on t*e %)$s)&t :y any Ban7 o$ any ot*e$ 8e$son at any t&me of any $&g*t o$ $emedy aga&nst Bo$$o,e$ o$ any ot*e$ 8e$son ,*&#*

may :e o$ :e#ome +&a:+e &n $es%e#t of a++ o$ any %a$t of t*e O:+&gat&ons o$ aga&nst any #o++ate$a+ o$ se#)$&ty o$ g)a$antee t*e$efo$ o$ $&g*t of setoff ,&t* $es%e#t t*e$eto" !e#t&on 11"02 NonDRe#o)$se to Bo$$o,e$?s 8$&n#&%a+s" Not,&t*stand&ng anyt*&ng to t*e #ont$a$y #onta&ned *e$e&n, &n any of t*e ot*e$ Loan 9o#)ments, o$ &n any ot*e$ &nst$)ments, #e$t&f&#ates, do#)ments o$ ag$eements e(e#)ted &n #onne#t&on ,&t* t*e Loans -a++ of t*e fo$ego&ng, fo$ %)$%oses of t*&s !e#t&on, *e$e&nafte$ $efe$$ed to, &nd&5&d)a++y and #o++e#t&5e+y, as t*e .Re+e5ant 9o#)ments./, no $e#o)$se )nde$ o$ )%on any O:+&gat&on, $e%$esentat&on, ,a$$anty, %$om&se o$ ot*e$ matte$ ,*atsoe5e$ s*a++ :e *ad aga&nst any of Bo$$o,e$?s 8$&n#&%a+s and ea#* Ban7 e(%$ess+y ,a&5es and $e+eases, on :e*a+f of &tse+f and &ts s)##esso$s and ass&gns, a++ $&g*t to asse$t any +&a:&+&ty ,*atsoe5e$ )nde$ o$ ,&t* $es%e#t to t*e Re+e5ant 9o#)ments aga&nst, o$ to sat&sfy any #+a&m o$ o:+&gat&on a$&s&ng t*e$e)nde$ aga&nst, any of Bo$$o,e$?s 8$&n#&%a+s o$ o)t of any assets of Bo$$o,e$?s 8$&n#&%a+s, %$o5&ded,*o,e5e$, t*at not*&ng &n t*&s !e#t&on s*a++ :e deemed to -1/ $e+ease Bo$$o,e$ f$om any %e$sona+ +&a:&+&ty %)$s)ant to, o$ f$om any of &ts $es%e#t&5e o:+&gat&ons )nde$, t*e Re+e5ant 9o#)ments, o$ f$om %e$sona+ +&a:&+&ty fo$ &ts f$a)d)+ent a#t&ons o$ f$a)d)+ent om&ss&ons0 -2/ $e+ease any of Bo$$o,e$?s 8$&n#&%a+s f$om %e$sona+ +&a:&+&ty fo$ &ts o$ *&s o,n f$a)d)+ent a#t&ons o$ f$a)d)+ent om&ss&ons0 -</ #onst&t)te a ,a&5e$ of any o:+&gat&on e5&den#ed o$ se#)$ed :y, o$ #onta&ned &n, t*e Re+e5ant 9o#)ments o$ affe#t &n any ,ay t*e 5a+&d&ty o$ enfo$#ea:&+&ty of t*e Re+e5ant 9o#)ments0 o$ -4/ +&m&t t*e $&g*t of Adm&n&st$at&5e Agent andGo$ t*e Ban7s to %$o#eed aga&nst o$ $ea+&'e )%on any #o++ate$a+ *e$eafte$ g&5en fo$ t*e Loans o$ any and a++ of t*e assets of Bo$$o,e$ -not,&t*stand&ng t*e fa#t t*at any o$ a++ of Bo$$o,e$?s 8$&n#&%a+s *a5e an o,ne$s*&% &nte$est &n Bo$$o,e$ and, t*e$e:y, an &nte$est &n t*e assets of Bo$$o,e$/ o$ to name Bo$$o,e$ -o$, to t*e e(tent t*at t*e same a$e $eC)&$ed :y a%%+&#a:+e La, o$ a$e dete$m&ned :y a #o)$t to :e ne#essa$y %a$t&es &n #onne#t&on ,&t* an a#t&on o$ s)&t aga&nst Bo$$o,e$ o$ any #o++ate$a+ *e$eafte$ g&5en fo$ t*e Loans, any of Bo$$o,e$?s 8$&n#&%a+s/ as a %a$ty defendant &n, and to enfo$#e aga&nst any #o++ate$a+ *e$eafte$ g&5en fo$ t*e Loans andGo$ assets of Bo$$o,e$ any L)dgment o:ta&ned :y Adm&n&st$at&5e Agent andGo$ t*e Ban7s ,&t* $es%e#t to, any a#t&on o$ s)&t )nde$ t*e Re+e5ant 9o#)ments so +ong as no L)dgment s*a++ :e ta7en -e(#e%t to t*e e(tent ta7&ng a L)dgment &s $eC)&$ed :y a%%+&#a:+e La, o$ dete$m&ned :y a #o)$t to :e ne#essa$y to %$ese$5e Adm&n&st$at&5e Agent?s andGo$ Ban7s? $&g*ts aga&nst any #o++ate$a+ *e$eafte$ g&5en fo$ t*e Loans o$ Bo$$o,e$, :)t not ot*e$,&se/ o$ s*a++ :e enfo$#ed aga&nst Bo$$o,e$?s 8$&n#&%a+s o$ t*e&$ assets" ARTICLE JII MI!CELLANEO ! !e#t&on 12"01 B&nd&ng Effe#t of ReC)est fo$ Ad5an#e" Bo$$o,e$ ag$ees t*at, :y &ts a##e%tan#e of any ad5an#e of %$o#eeds of t*e Loans )nde$ t*&s Ag$eement, &t s*a++ :e :o)nd &n a++ $es%e#ts :y t*e $eC)est fo$ ad5an#e s):m&tted on &ts :e*a+f &n #onne#t&on t*e$e,&t* ,&t* t*e same fo$#e and effe#t as &f Bo$$o,e$ *ad &tse+f e(e#)ted and s):m&tted t*e $eC)est fo$ ad5an#e and ,*et*e$ o$ not t*e $eC)est fo$ ad5an#e &s e(e#)ted andGo$ s):m&tted :y an a)t*o$&'ed %e$son" !e#t&on 12"02 Amendments and Na&5e$s" No amendment o$ ,a&5e$ of any %$o5&s&on of t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment no$ #onsent to any de%a$t)$e :y Bo$$o,e$ t*e$ef$om, s*a++ &n any e5ent :e effe#t&5e )n+ess t*e same s*a++ :e &n ,$&t&ng and s&gned :y t*e MaLo$&ty Ban7s and, so+e+y fo$ %)$%oses of &ts a#7no,+edgment t*e$eof, Adm&n&st$at&5e Agent, and t*en s)#* ,a&5e$ o$ #onsent s*a++ :e effe#t&5e on+y &n t*e s%e#&f&# &nstan#e and fo$ t*e s%e#&f&# %)$%ose fo$ ,*&#* g&5en, %$o5&ded, *o,e5e$, t*at no amendment, ,a&5e$ o$ #onsent s*a++, )n+ess &n ,$&t&ng and s&gned o$ #onsented to :y -A/ t*e !)%e$DMaLo$&ty Ban7s mod&fy any %$o5&s&on of !e#t&on ="02, A$t&#+e VIII o$ #+a)se -11/ o$ -12/ of !e#t&on ;"01, o$ any ot*e$ %$o5&s&on $eC)&$&ng t*e #onsent of t*e !)%e$DMaLo$&ty Ban7s0 and -B/ a++ t*e Ban7s do any of t*e fo++o,&ng@ -1/ $ed)#e t*e %$&n#&%a+ of, o$ &nte$est on, t*e Notes o$ any fees d)e *e$e)nde$ o$ any ot*e$ amo)nt d)e *e$e)nde$ o$ )nde$ any Loan 9o#)ment0 -2/ e(#e%t as %$o5&ded &n !e#t&on 2"1K, %ost%one any date f&(ed fo$ any %ayment of %$&n#&%a+ of, o$ &nte$est on, t*e Notes o$ any fees d)e *e$e)nde$ o$ )nde$ any Loan 9o#)ment0 -</ #*ange t*e def&n&t&on of .MaLo$&ty Ban7s. o$ .!)%e$DMaLo$&ty Ban7s.0 -4/ amend t*&s !e#t&on o$ any ot*e$ %$o5&s&on $eC)&$&ng t*e #onsent of a++ t*e Ban7s0 o$ ->/ ,a&5e any defa)+t )nde$ %a$ag$a%* ->/ of !e#t&on ;"01" Any ad5an#e of %$o#eeds of t*e Loans made %$&o$ to o$ ,&t*o)t t*e f)+f&++ment :y Bo$$o,e$ of a++ of t*e #ond&t&ons %$e#edent t*e$eto, ,*et*e$ o$ not 7no,n to Adm&n&st$at&5e Agent and t*e Ban7s, s*a++ not #onst&t)te a ,a&5e$ of t*e $eC)&$ement t*at a++ #ond&t&ons, &n#+)d&ng t*e nonD%e$fo$med #ond&t&ons, s*a++ :e $eC)&$ed ,&t* $es%e#t to a++ f)t)$e ad5an#es" No fa&+)$e on t*e %a$t of Adm&n&st$at&5e Agent o$ any Ban7 to e(e$#&se, and no de+ay &n e(e$#&s&ng, any $&g*t *e$e)nde$ s*a++ o%e$ate as a ,a&5e$ t*e$eof o$ %$e#+)de any ot*e$ o$ f)$t*e$ e(e$#&se t*e$eof o$ t*e e(e$#&se of any ot*e$ $&g*t" T*e $emed&es *e$e&n %$o5&ded a$e #)m)+at&5e and not e(#+)s&5e of any $emed&es %$o5&ded :y +a," A++ #omm)n&#at&ons f$om Adm&n&st$at&5e Agent to t*e Ban7s

$eC)est&ng t*e Ban7s? dete$m&nat&on, #onsent, a%%$o5a+ o$ d&sa%%$o5a+ -&/ s*a++ :e g&5en &n t*e fo$m of a ,$&tten not&#e to ea#* Ban7, -&&/ s*a++ :e a##om%an&ed :y a des#$&%t&on of t*e matte$ o$ t*&ng as to ,*&#* s)#* dete$m&nat&on, a%%$o5a+, #onsent o$ d&sa%%$o5a+ &s $eC)ested and -&&&/ s*a++ &n#+)de Adm&n&st$at&5e Agent?s $e#ommended #o)$se of a#t&on o$ dete$m&nat&on &n $es%e#t t*e$eof" Ea#* Ban7 s*a++ $e%+y %$om%t+y, :)t &n any e5ent ,&t*&n ten -10/ Ban7&ng 9ays -o$ f&5e ->/ Ban7&ng 9ays ,&t* $es%e#t to any de#&s&on to a##e+e$ate o$ sto% a##e+e$at&on of t*e Loan/ afte$ $e#e&%t of t*e $eC)est t*e$efo$ :y Adm&n&st$at&5e Agent -t*e .Ban7 Re%+y 8e$&od./" n+ess a Ban7 s*a++ g&5e ,$&tten not&#e to Adm&n&st$at&5e Agent t*at &t o:Le#ts to t*e $e#ommendat&on o$ dete$m&nat&on of Adm&n&st$at&5e Agent -toget*e$ ,&t* a ,$&tten e(%+anat&on of t*e $easons :e*&nd s)#* o:Le#t&on/ ,&t*&n t*e Ban7 Re%+y 8e$&od, s)#* Ban7 s*a++ :e deemed to *a5e a%%$o5ed o$ #onsented to s)#* $e#ommendat&on o$ dete$m&nat&on" !e#t&on 12"0< s)$y" Anyt*&ng *e$e&n to t*e #ont$a$y not,&t*stand&ng, t*e o:+&gat&ons of Bo$$o,e$ )nde$ t*&s Ag$eement and t*e Notes s*a++ :e s):Le#t to t*e +&m&tat&on t*at %ayments of &nte$est s*a++ not :e $eC)&$ed to t*e e(tent t*at $e#e&%t t*e$eof ,o)+d :e #ont$a$y to %$o5&s&ons of La, a%%+&#a:+e to a Ban7 +&m&t&ng $ates of &nte$est ,*&#* may :e #*a$ged o$ #o++e#ted :y s)#* Ban7" !e#t&on 12"04 E(%enses0 Indemn&f&#at&on" Bo$$o,e$ ag$ees to $e&m:)$se CoDAgents and Adm&n&st$at&5e Agent on demand fo$ a++ #osts, e(%enses, and #*a$ges -&n#+)d&ng, ,&t*o)t +&m&tat&on, a++ $easona:+e fees and #*a$ges of eng&nee$s, a%%$a&se$s and +ega+ #o)nse+/ &n#)$$ed :y any of t*em &n #onne#t&on ,&t* t*e Loans and to $e&m:)$se ea#* of t*e Ban7s fo$ $easona:+e +ega+ #osts, e(%enses and #*a$ges &n#)$$ed :y ea#* of t*e Ban7s &n #onne#t&on ,&t* t*e %e$fo$man#e o$ enfo$#ement of t*&s Ag$eement, t*e Notes, o$ any ot*e$ Loan 9o#)ments0 %$o5&ded, *o,e5e$, t*at Bo$$o,e$ &s not $es%ons&:+e fo$ #osts, e(%enses and #*a$ges &n#)$$ed :y t*e Ban7 8a$t&es &n #onne#t&on ,&t* t*e adm&n&st$at&on o$ synd&#at&on of t*e Loans -ot*e$ t*an t*e fees $eC)&$ed :y t*e !)%%+ementa+ 4ee Lette$/" Bo$$o,e$ ag$ees to &ndemn&fy Adm&n&st$at&5e Agent and ea#* Ban7 and t*e&$ $es%e#t&5e d&$e#to$s, off&#e$s, em%+oyees and agents f$om, and *o+d ea#* of t*em *a$m+ess aga&nst, any and a++ +osses, +&a:&+&t&es, #+a&ms, damages o$ e(%enses &n#)$$ed :y any of t*em a$&s&ng o)t of o$ :y $eason of -(/ any #+a&ms :y :$o7e$s d)e to a#ts o$ om&ss&ons :y Bo$$o,e$ o$ -y/ any &n5est&gat&on o$ +&t&gat&on o$ ot*e$ %$o#eed&ngs -&n#+)d&ng any t*$eatened &n5est&gat&on o$ +&t&gat&on o$ ot*e$ %$o#eed&ngs/ $e+at&ng to any a#t)a+ o$ %$o%osed )se :y Bo$$o,e$ of t*e %$o#eeds of t*e Loans, &n#+)d&ng ,&t*o)t +&m&tat&on, t*e $easona:+e fees and d&s:)$sements of #o)nse+ &n#)$$ed &n #onne#t&on ,&t* any s)#* &n5est&gat&on o$ +&t&gat&on o$ ot*e$ %$o#eed&ngs -:)t e(#+)d&ng any s)#* +osses, +&a:&+&t&es, #+a&ms, damages o$ e(%enses &n#)$$ed :y $eason of t*e g$oss neg+&gen#e o$ ,&++f)+ m&s#ond)#t of t*e 8e$son to :e &ndemn&f&ed/" T*e o:+&gat&ons of Bo$$o,e$ )nde$ t*&s !e#t&on and )nde$ A$t&#+e III s*a++ s)$5&5e t*e $e%ayment of a++ amo)nts d)e )nde$ o$ &n #onne#t&on ,&t* any of t*e Loan 9o#)ments and t*e te$m&nat&on of t*e Loans, %$o5&ded, *o,e5e$, t*at &n t*e #ase of A$t&#+e III, s)#* o:+&gat&ons s*a++ s)$5&5e on+y fo$ a %e$&od of n&nety -;0/ days afte$ s)#* $e%ayment and te$m&nat&on" !e#t&on 12"0> Ass&gnment0 8a$t&#&%at&on" T*&s Ag$eement s*a++ :e :&nd&ng )%on, and s*a++ &n)$e to t*e :enef&t of, Bo$$o,e$, Adm&n&st$at&5e Agent, t*e Ban7s and t*e&$ $es%e#t&5e s)##esso$s and %e$m&tted ass&gns" Bo$$o,e$ may not ass&gn o$ t$ansfe$ &ts $&g*ts o$ o:+&gat&ons *e$e)nde$" Any Ban7 may at any t&me g$ant to one o$ mo$e :an7s o$ ot*e$ &nst&t)t&ons -ea#* a .8a$t&#&%ant./ %a$t&#&%at&ng &nte$ests &n &ts Loan -ea#* a .8a$t&#&%at&on./" In t*e e5ent of any s)#* g$ant :y a Ban7 of a 8a$t&#&%at&on to a 8a$t&#&%ant, ,*et*e$ o$ not Bo$$o,e$ o$ Adm&n&st$at&5e Agent ,as g&5en not&#e, s)#* Ban7 s*a++ $ema&n $es%ons&:+e fo$ t*e %e$fo$man#e of &ts o:+&gat&ons *e$e)nde$, and Bo$$o,e$ and Adm&n&st$at&5e Agent s*a++ #ont&n)e to dea+ so+e+y and d&$e#t+y ,&t* s)#* Ban7 &n #onne#t&on ,&t* s)#* Ban7?s $&g*ts and o:+&gat&ons *e$e)nde$" Any ag$eement %)$s)ant to ,*&#* any Ban7 may g$ant s)#* a %a$t&#&%at&ng &nte$est s*a++ %$o5&de t*at s)#* Ban7 s*a++ $eta&n t*e so+e $&g*t and $es%ons&:&+&ty to enfo$#e t*e o:+&gat&ons of Bo$$o,e$ *e$e)nde$ and )nde$ any ot*e$ Loan 9o#)ment &n#+)d&ng, ,&t*o)t +&m&tat&on, t*e $&g*t to a%%$o5e any amendment, mod&f&#at&on o$ ,a&5e$ of any %$o5&s&on of t*&s Ag$eement o$ any ot*e$ Loan 9o#)ment0 %$o5&ded t*at s)#* %a$t&#&%at&on ag$eement may %$o5&de t*at s)#* Ban7 ,&++ not ag$ee to any mod&f&#at&on, amendment o$ ,a&5e$ of t*&s Ag$eement des#$&:ed &n #+a)se -1/ t*$o)g* ->/ of !e#t&on 12"02 ,&t*o)t t*e #onsent of t*e 8a$t&#&%ant" Any Ban7 may at any t&me ass&gn to any :an7 o$ ot*e$ &nst&t)t&on ,&t* t*e a#7no,+edgment of Adm&n&st$at&5e Agent and t*e #onsent of CoDAgents and, %$o5&ded t*e$e e(&sts no E5ent of 9efa)+t, Bo$$o,e$, ,*&#* #onsents s*a++ not :e )n$easona:+y ,&t**e+d o$ de+ayed -s)#* ass&gnee, a .Consented Ass&gnee./, o$, ,&t*o)t s)#*

#onsents, to one o$ mo$e :an7s o$ ot*e$ &nst&t)t&ons ,*&#* a$e maLo$&ty o,ned s):s&d&a$&es of a Ban7 o$ to t*e 8a$ent of a Ban7 -ea#* Consented Ass&gnee o$ s):s&d&a$y :an7 o$ &nst&t)t&on, an .Ass&gnee./ a++, o$ a %$o%o$t&onate %a$t of a++, of &ts $&g*ts and o:+&gat&ons )nde$ t*&s Ag$eement and &ts Note, and s)#* Ass&gnee s*a++ ass)me $&g*ts and o:+&gat&ons, %)$s)ant to an Ass&gnment and Ass)m%t&on Ag$eement e(e#)ted :y s)#* Ass&gnee and t*e ass&gn&ng Ban7, %$o5&ded t*at, &n ea#* #ase, afte$ g&5&ng effe#t to s)#* ass&gnment t*e Ass&gnee?s Loan Comm&tment, and, &n t*e #ase of a %a$t&a+ ass&gnment, t*e ass&gn&ng Ban7?s Loan Comm&tment, ea#* ,&++ :e eC)a+ to o$ g$eate$ t*an B10,000,000, %$o5&ded, f)$t*e$, *o,e5e$, t*at t*e ass&gn&ng Ban7 s*a++ not :e $eC)&$ed to ma&nta&n a Loan Comm&tment &n t*e m&n&m)m amo)nt afo$esa&d &n t*e e5ent &t ass&gns a++ of &ts $&g*ts and o:+&gat&ons )nde$ t*&s Ag$eement and &ts Note" Not,&t*stand&ng t*e %$o5&s&ons of t*e &mmed&ate+y %$e#ed&ng senten#e, t*e #onsents of CoDAgents and Bo$$o,e$ s*a++ not :e $eC)&$ed &n t*e #ase of ass&gnments :y any Ban7 %$o5&ded t*at t*e Ass&gnee t*e$e)nde$ -o$ a g)a$anto$ of s)#* Ass&gnee?s o:+&gat&ons )nde$ t*&s Ag$eement/ *as a #$ed&t $at&ng of AA -o$ &ts eC)&5a+ent/ o$ *&g*e$ f$om a nat&ona++y $e#ogn&'ed $at&ng agen#y, and %$o5&ded, f)$t*e$, *o,e5e$, t*at ass&gnments :y CoDAgents s*a++ $ema&n s):Le#t to t*e %$o5&s&ons of !e#t&on 10"14" %on -&/ e(e#)t&on and de+&5e$y of s)#* &nst$)ment, -&&/ %ayment :y s)#* Ass&gnee to t*e Ban7 of an amo)nt eC)a+ to t*e %)$#*ase %$&#e ag$eed :et,een t*e Ban7 and s)#* Ass&gnee and -&&&/ %ayment :y s)#* Ass&gnee to Adm&n&st$at&5e Agent of a fee, fo$ Adm&n&st$at&5e Agent?s o,n a##o)nt, &n t*e amo)nt of B<,>00, s)#* Ass&gnee s*a++ :e a Ban7 8a$ty to t*&s Ag$eement and s*a++ *a5e a++ t*e $&g*ts and o:+&gat&ons of a Ban7 as set fo$t* &n s)#* Ass&gnment and Ass)m%t&on Ag$eement, and t*e ass&gn&ng Ban7 s*a++ :e $e+eased f$om &ts o:+&gat&ons *e$e)nde$ to a #o$$es%ond&ng e(tent, and no f)$t*e$ #onsent o$ a#t&on :y any %a$ty s*a++ :e $eC)&$ed" %on t*e #ons)mmat&on of any ass&gnment %)$s)ant to t*&s %a$ag$a%*, s):st&t)te Rata:+e Loan Notes -and, &f a%%+&#a:+e, !,&ng Loan Notes/ s*a++ :e &ss)ed to t*e ass&gn&ng Ban7 and Ass&gnee :y Bo$$o,e$, &n e(#*ange fo$ t*e $et)$n of t*e o$&g&na+ Rata:+e Loan Note -and, &f a%%+&#a:+e, !,&ng Loan Note/" T*e o:+&gat&ons e5&den#ed :y s)#* s):st&t)te notes s*a++ #onst&t)te .O:+&gat&ons. fo$ a++ %)$%oses of t*&s Ag$eement and t*e ot*e$ Loan 9o#)ments" In #onne#t&on ,&t* Bo$$o,e$?s e(e#)t&on of s):st&t)te notes as afo$esa&d, Bo$$o,e$ s*a++ de+&5e$ to Adm&n&st$at&5e Agent e5&den#e, sat&sfa#to$y to Adm&n&st$at&5e Agent, of a++ $eC)&s&te #o$%o$ate a#t&on to a)t*o$&'e Bo$$o,e$?s e(e#)t&on and de+&5e$y of t*e s):st&t)te notes and any $e+ated do#)ments" If t*e Ass&gnee &s not &n#o$%o$ated )nde$ t*e La,s of t*e n&ted !tates of Ame$&#a o$ a state t*e$eof, &t s*a++, %$&o$ to t*e f&$st date on ,*&#* &nte$est o$ fees a$e %aya:+e *e$e)nde$ fo$ &ts a##o)nt, de+&5e$ to Bo$$o,e$ and Adm&n&st$at&5e Agent #e$t&f&#at&on as to e(em%t&on f$om ded)#t&on o$ ,&t**o+d&ng of any n&ted !tates fede$a+ &n#ome ta(es &n a##o$dan#e ,&t* !e#t&on 10"1<" Ea#* Ass&gnee s*a++ :e deemed to *a5e made t*e $e%$esentat&ons #onta&ned &n, and s*a++ :e :o)nd :y t*e %$o5&s&ons of, !e#t&on 10"1<" Not,&t*stand&ng t*e fo$ego&ng, any 9es&gnated Lende$ may ass&gn at any t&me to &ts 9es&gnat&ng Lende$, ,&t*o)t t*e #onsents $eC)&$ed :y o$ ot*e$ +&m&tat&ons set fo$t* &n t*e f&$st senten#e of t*&s %a$ag$a%*, any o$ a++ of t*e Loans &t may *a5e f)nded *e$e)nde$ and %)$s)ant to &ts 9es&gnat&on Ag$eement" Any Ban7 may at any t&me ass&gn a++ o$ any %o$t&on of &ts $&g*ts )nde$ t*&s Ag$eement and &ts Note to a 4ede$a+ Rese$5e Ban7" No s)#* ass&gnment s*a++ $e+ease t*e t$ansfe$o$ Ban7 f$om &ts o:+&gat&ons *e$e)nde$" Bo$$o,e$ $e#ogn&'es t*at &n #onne#t&on ,&t* a Ban7?s se++&ng of 8a$t&#&%at&ons o$ ma7&ng of ass&gnments, any o$ a++ do#)mentat&on, f&nan#&a+ statements, a%%$a&sa+s and ot*e$ data, o$ #o%&es t*e$eof, $e+e5ant to Bo$$o,e$ o$ t*e Loans may :e e(*&:&ted to and $eta&ned :y any s)#* 8a$t&#&%ant o$ ass&gnee o$ %$os%e#t&5e 8a$t&#&%ant o$ ass&gnee" In #onne#t&on ,&t* a Ban7?s de+&5e$y of any f&nan#&a+ statements and a%%$a&sa+s to any s)#* 8a$t&#&%ant o$ ass&gnee o$ %$os%e#t&5e 8a$t&#&%ant o$ ass&gnee, s)#* Ban7 s*a++ a+so &nd&#ate t*at t*e same a$e de+&5e$ed on a #onf&dent&a+ :as&s" Bo$$o,e$ ag$ees to %$o5&de a++ ass&stan#e $easona:+y $eC)ested :y a Ban7 to ena:+e s)#* Ban7 to se++ 8a$t&#&%at&ons o$ ma7e ass&gnments of &ts Loan as %e$m&tted :y t*&s !e#t&on" Ea#* Ban7 ag$ees to %$o5&de Bo$$o,e$ ,&t* not&#e of a++ 8a$t&#&%at&ons so+d :y s)#* Ban7 to ot*e$ t*an &ts Aff&+&ates" !e#t&on 12"0E 9o#)mentat&on !at&sfa#to$y" A++ do#)mentat&on $eC)&$ed f$om o$ to :e s):m&tted on :e*a+f of Bo$$o,e$ &n #onne#t&on ,&t* t*&s Ag$eement and t*e do#)ments $e+at&ng *e$eto s*a++ :e s):Le#t to t*e %$&o$ a%%$o5a+ of, and :e sat&sfa#to$y &n fo$m and s):stan#e to, Adm&n&st$at&5e Agent, &ts #o)nse+ and, ,*e$e s%e#&f&#a++y %$o5&ded *e$e&n, t*e Ban7s" In add&t&on, t*e %e$sons o$ %a$t&es $es%ons&:+e fo$ t*e e(e#)t&on and de+&5e$y of, and s&gnato$&es to, a++ of s)#* do#)mentat&on, s*a++ :e a##e%ta:+e to, and s):Le#t to t*e a%%$o5a+ of, Adm&n&st$at&5e Agent and &ts #o)nse+ and t*e Ban7s" !e#t&on 12"0= Not&#es" n+ess t*e %a$ty to :e not&f&ed ot*e$,&se not&f&es t*e ot*e$ %a$ty &n ,$&t&ng as %$o5&ded &n t*&s !e#t&on, and e(#e%t as ot*e$,&se %$o5&ded &n t*&s Ag$eement, not&#es s*a++ :e g&5en to Adm&n&st$at&5e Agent :y te+e%*one, #onf&$med :y ,$&t&ng, and to t*e Ban7s and to Bo$$o,e$ :y o$d&na$y ma&+ o$ o5e$n&g*t #o)$&e$, $e#e&%t #onf&$med, add$essed to s)#* %a$ty at &ts add$ess on t*e s&gnat)$e %age of t*&s Ag$eement"

Not&#es s*a++ :e effe#t&5e -1/ &f :y te+e%*one, at t*e t&me of s)#* te+e%*one #on5e$sat&on, -2/ &f g&5en :y ma&+, t*$ee -</ days afte$ ma&+&ng0 and -</ &f g&5en :y o5e$n&g*t #o)$&e$, )%on $e#e&%t" !e#t&on 12"0K !etoff" Bo$$o,e$ ag$ees t*at, &n add&t&on to -and ,&t*o)t +&m&tat&on of/ any $&g*t of setoff, :an7e$s? +&en o$ #o)nte$#+a&m a Ban7 may ot*e$,&se *a5e, ea#* Ban7 s*a++ :e ent&t+ed, at &ts o%t&on, to offset :a+an#es -gene$a+ o$ s%e#&a+, t&me o$ demand, %$o5&s&ona+ o$ f&na+/ *e+d :y &t fo$ t*e a##o)nt of Bo$$o,e$ at any of s)#* Ban7?s off&#es, &n 9o++a$s o$ &n any ot*e$ #)$$en#y, aga&nst any amo)nt %aya:+e :y Bo$$o,e$ to s)#* Ban7 )nde$ t*&s Ag$eement o$ s)#* Ban7?s Note, o$ any ot*e$ Loan 9o#)ment ,*&#* &s not %a&d ,*en d)e -$ega$d+ess of ,*et*e$ s)#* :a+an#es a$e t*en d)e to Bo$$o,e$/, &n ,*&#* #ase &t s*a++ %$om%t+y not&fy Bo$$o,e$ and Adm&n&st$at&5e Agent t*e$eof0 %$o5&ded t*at s)#* Ban7?s fa&+)$e to g&5e s)#* not&#e s*a++ not affe#t t*e 5a+&d&ty t*e$eof" 8ayments :y Bo$$o,e$ *e$e)nde$ o$ )nde$ t*e ot*e$ Loan 9o#)ments s*a++ :e made ,&t*o)t setoff o$ #o)nte$#+a&m" !e#t&on 12"0; Ta:+e of Contents0 1ead&ngs" Any ta:+e of #ontents and t*e *ead&ngs and #a%t&ons *e$e)nde$ a$e fo$ #on5en&en#e on+y and s*a++ not affe#t t*e &nte$%$etat&on o$ #onst$)#t&on of t*&s Ag$eement" !e#t&on 12"10 !e5e$a:&+&ty" T*e %$o5&s&ons of t*&s Ag$eement a$e &ntended to :e se5e$a:+e" If fo$ any $eason any %$o5&s&on of t*&s Ag$eement s*a++ :e *e+d &n5a+&d o$ )nenfo$#ea:+e &n ,*o+e o$ &n %a$t &n any L)$&sd&#t&on, s)#* %$o5&s&on s*a++, as to s)#* L)$&sd&#t&on, :e &neffe#t&5e to t*e e(tent of s)#* &n5a+&d&ty o$ )nenfo$#ea:&+&ty ,&t*o)t &n any manne$ affe#t&ng t*e 5a+&d&ty o$ enfo$#ea:&+&ty t*e$eof &n any ot*e$ L)$&sd&#t&on o$ t*e $ema&n&ng %$o5&s&ons *e$eof &n any L)$&sd&#t&on" !e#t&on 12"11 Co)nte$%a$ts" T*&s Ag$eement may :e e(e#)ted &n any n)m:e$ of #o)nte$%a$ts, a++ of ,*&#* ta7en toget*e$ s*a++ #onst&t)te one and t*e same &nst$)ment, and any %a$ty *e$eto may e(e#)te t*&s Ag$eement :y s&gn&ng any s)#* #o)nte$%a$t" !e#t&on 12"12 Integ$at&on" T*e Loan 9o#)ments and !)%%+ementa+ 4ee Lette$ set fo$t* t*e ent&$e ag$eement among t*e %a$t&es *e$eto $e+at&ng to t*e t$ansa#t&ons #ontem%+ated t*e$e:y and s)%e$sede any %$&o$ o$a+ o$ ,$&tten statements o$ ag$eements ,&t* $es%e#t to s)#* t$ansa#t&ons" !e#t&on 12"1< Go5e$n&ng La," T*&s Ag$eement s*a++ :e go5e$ned :y, and #onst$)ed and enfo$#ed &n a##o$dan#e ,&t*, t*e La,s of t*e !tate of Ne, Yo$7 -,&t*o)t g&5&ng effe#t to Ne, Yo$7?s %$&n#&%+es of #onf+&#ts of La,s/" !e#t&on 12"14 Na&5e$s" In #onne#t&on ,&t* t*e o:+&gat&ons and +&a:&+&t&es as afo$esa&d, Bo$$o,e$ *e$e:y ,a&5es -1/ %$om%tness and d&+&gen#e0 -2/ not&#e of any a#t&ons ta7en :y any Ban7 8a$ty )nde$ t*&s Ag$eement, any ot*e$ Loan 9o#)ment o$ any ot*e$ ag$eement o$ &nst$)ment $e+at&ng t*e$eto e(#e%t to t*e e(tent ot*e$,&se %$o5&ded *e$e&n0 -</ a++ ot*e$ not&#es, demands and %$otests, and a++ ot*e$ fo$ma+&t&es of e5e$y 7&nd &n #onne#t&on ,&t* t*e enfo$#ement of t*e O:+&gat&ons, t*e om&ss&on of o$ de+ay &n ,*&#*, :)t fo$ t*e %$o5&s&ons of t*&s !e#t&on, m&g*t #onst&t)te g$o)nds fo$ $e+&e5&ng Bo$$o,e$ of &ts o:+&gat&ons *e$e)nde$0 -4/ any $eC)&$ement t*at any Ban7 8a$ty %$ote#t, se#)$e, %e$fe#t o$ &ns)$e any L&en on any #o++ate$a+ o$ e(*a)st any $&g*t o$ ta7e any a#t&on aga&nst Bo$$o,e$ o$ any ot*e$ 8e$son o$ any #o++ate$a+0 ->/ any $&g*t o$ #+a&m of $&g*t to #a)se a ma$s*a++&ng of t*e assets of Bo$$o,e$0 and -E/ a++ $&g*ts of s):$ogat&on o$ #ont$&:)t&on, ,*et*e$ a$&s&ng :y #ont$a#t o$ o%e$at&on of +a, -&n#+)d&ng, ,&t*o)t +&m&tat&on, any s)#* $&g*t a$&s&ng )nde$ t*e 4ede$a+ Ban7$)%t#y Code/ o$ ot*e$,&se :y $eason of %ayment :y Bo$$o,e$, e&t*e$ Lo&nt+y o$ se5e$a++y, %)$s)ant to t*&s Ag$eement o$ ot*e$ Loan 9o#)ments" !e#t&on 12"1> M)$&sd&#t&on0 Imm)n&t&es" Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* Ban7 *e$e:y &$$e5o#a:+y s):m&t to t*e L)$&sd&#t&on of any Ne, Yo$7 !tate o$ n&ted !tates 4ede$a+ #o)$t s&tt&ng &n Ne, Yo$7 C&ty o5e$ any a#t&on o$ %$o#eed&ng a$&s&ng o)t of o$ $e+at&ng to t*&s Ag$eement, t*e Notes o$ any ot*e$ Loan 9o#)ment" Bo$$o,e$, Adm&n&st$at&5e Agent, and ea#* Ban7 &$$e5o#a:+y ag$ee t*at a++ #+a&ms &n $es%e#t of s)#* a#t&on o$ %$o#eed&ng may :e *ea$d and dete$m&ned &n s)#* Ne, Yo$7 !tate o$ n&ted !tates 4ede$a+ #o)$t" Bo$$o,e$, Adm&n&st$at&5e Agent, and ea#* Ban7 &$$e5o#a:+y #onsent to t*e se$5&#e of any and a++ %$o#ess &n any s)#* a#t&on o$ %$o#eed&ng :y t*e ma&+&ng of #o%&es of s)#* %$o#ess to Bo$$o,e$, Adm&n&st$at&5e Agent o$ ea#* Ban7, as t*e #ase may :e, at t*e add$esses s%e#&f&ed *e$e&n" Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* Ban7 ag$ee t*at a f&na+ L)dgment &n any s)#* a#t&on o$ %$o#eed&ng s*a++ :e #on#+)s&5e and may :e enfo$#ed &n ot*e$ L)$&sd&#t&ons :y s)&t on t*e L)dgment o$ &n any ot*e$ manne$ %$o5&ded :y La," Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* Ban7 f)$t*e$

,a&5e any o:Le#t&on to 5en)e &n t*e !tate of Ne, Yo$7 and any o:Le#t&on to an a#t&on o$ %$o#eed&ng &n t*e !tate of Ne, Yo$7 on t*e :as&s of fo$)m non #on5en&ens" Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* Ban7 ag$ee t*at any a#t&on o$ %$o#eed&ng :$o)g*t aga&nst Bo$$o,e$, Adm&n&st$at&5e Agent o$ any Ban7, as t*e #ase may :e, s*a++ :e :$o)g*t on+y &n a Ne, Yo$7 !tate #o)$t s&tt&ng &n Ne, Yo$7 C&ty o$ a n&ted !tates 4ede$a+ #o)$t s&tt&ng &n Ne, Yo$7 C&ty, to t*e e(tent %e$m&tted o$ not e(%$ess+y %$o*&:&ted :y a%%+&#a:+e La," Not*&ng &n t*&s !e#t&on s*a++ affe#t t*e $&g*t of Bo$$o,e$, Adm&n&st$at&5e Agent o$ any Ban7 to se$5e +ega+ %$o#ess &n any ot*e$ manne$ %e$m&tted :y La," To t*e e(tent t*at Bo$$o,e$, Adm&n&st$at&5e Agent o$ any Ban7 *a5e o$ *e$eafte$ may a#C)&$e any &mm)n&ty f$om L)$&sd&#t&on of any #o)$t o$ f$om any +ega+ %$o#ess -,*et*e$ f$om se$5&#e o$ not&#e, atta#*ment %$&o$ to L)dgment, atta#*ment &n a&d of e(e#)t&on, e(e#)t&on o$ ot*e$,&se/ ,&t* $es%e#t to &tse+f o$ &ts %$o%e$ty, Bo$$o,e$, Adm&n&st$at&5e Agent and ea#* Ban7 *e$e:y &$$e5o#a:+y ,a&5e s)#* &mm)n&ty &n $es%e#t of &ts o:+&gat&ons )nde$ t*&s Ag$eement, t*e Notes and any ot*e$ Loan 9o#)ment" BORRONER, A9MINI!TRATIVE AGENT AN9 EAC1 BAN2 NAIVE ANY RIG1T EAC1 ! C1 8ARTY MAY 1AVE TO M RY TRIAL IN CONNECTION NIT1 ANY ! IT, ACTION OR 8ROCEE9ING BRO G1T NIT1 RE!8ECT TO T1I! AGREEMENT, T1E NOTE! OR T1E LOAN!" !e#t&on 12"1E 9es&gnated Lende$" Any Ban7 -ot*e$ t*an a Ban7 ,*o &s s)#* so+e+y :e#a)se &t &s a 9es&gnated Lende$/ -ea#*, a .9es&gnat&ng Lende$./ may at any t&me des&gnate one -1/ 9es&gnated Lende$ to f)nd B&d Rate Loans on :e*a+f of s)#* 9es&gnat&ng Lende$ s):Le#t to t*e te$ms of t*&s !e#t&on and t*e %$o5&s&ons &n !e#t&on 12"0> s*a++ not a%%+y to s)#* des&gnat&on" No Ban7 may des&gnate mo$e t*an one -1/ 9es&gnated Lende$" T*e %a$t&es to ea#* s)#* des&gnat&on s*a++ e(e#)te and de+&5e$ to Adm&n&st$at&5e Agent fo$ &ts a##e%tan#e a 9es&gnat&on Ag$eement" %on s)#* $e#e&%t of an a%%$o%$&ate+y #om%+eted 9es&gnat&on Ag$eement e(e#)ted :y a 9es&gnat&ng Lende$ and a des&gnee $e%$esent&ng t*at &t &s a 9es&gnated Lende$, Adm&n&st$at&5e Agent ,&++ a##e%t s)#* 9es&gnat&on Ag$eement and g&5e %$om%t not&#e t*e$eto to Bo$$o,e$, ,*e$e)%on, -&/ f$om and afte$ t*e .Effe#t&5e 9ate. s%e#&f&ed &n t*e 9es&gnat&on Ag$eement, t*e 9es&gnated Lende$ s*a++ :e#ome a %a$ty to t*&s Ag$eement ,&t* a $&g*t to ma7e B&d Rate Loans on :e*a+f of &ts 9es&gnat&ng Lende$ %)$s)ant to !e#t&on 2"02 afte$ Bo$$o,e$ *as a##e%ted t*e B&d Rate A)ote of t*e 9es&gnat&ng Lende$ and -&&/ t*e 9es&gnated Lende$ s*a++ not :e $eC)&$ed to ma7e %ayments ,&t* $es%e#t to any o:+&gat&ons &n t*&s Ag$eement e(#e%t to t*e e(tent of e(#ess #as* f+o, of s)#* 9es&gnated Lende$ ,*&#* &s not ot*e$,&se $eC)&$ed to $e%ay o:+&gat&ons of s)#* 9es&gnated Lende$ ,*&#* a$e t*en d)e and %aya:+e0 %$o5&ded, *o,e5e$, t*at $ega$d+ess of s)#* des&gnat&on and ass)m%t&on :y t*e 9es&gnated Lende$, t*e 9es&gnat&ng Lende$ s*a++ :e and $ema&n o:+&gated to Bo$$o,e$, Adm&n&st$at&5e Agent and t*e Ban7s fo$ ea#* and e5e$y of t*e o:+&gat&ons of t*e 9es&gnat&ng Lende$ and &ts $e+ated 9es&gnated Lende$ ,&t* $es%e#t to t*&s Ag$eement, &n#+)d&ng, ,&t*o)t +&m&tat&on, any &ndemn&f&#at&on o:+&gat&ons )nde$ !e#t&on 10"0>" Ea#* 9es&gnat&ng Lende$ s*a++ se$5e as t*e adm&n&st$at&5e agent of &ts 9es&gnated Lende$ and s*a++ on :e*a+f of, and to t*e e(#+)s&on of, t*e 9es&gnated Lende$@ -&/ $e#e&5e any and a++ %ayments made fo$ t*e :enef&t of t*e 9es&gnated Lende$ and -&&/ g&5e and $e#e&5e a++ #omm)n&#at&ons and not&#es and ta7e a++ a#t&ons *e$e)nde$, &n#+)d&ng, ,&t*o)t +&m&tat&on, 5otes, a%%$o5a+s, ,a&5e$s and #onsents )nde$ o$ $e+at&ng to t*&s Ag$eement and t*e ot*e$ Loan 9o#)ments" Any s)#* not&#e, #omm)n&#at&on, 5ote, a%%$o5a+, ,a&5e$ o$ #onsent s*a++ :e s&gned :y t*e 9es&gnat&ng Lende$ as adm&n&st$at&5e agent fo$ t*e 9es&gnated Lende$ and s*a++ not :e s&gned :y t*e 9es&gnated Lende$ on &ts o,n :e*a+f, :)t s*a++ :e :&nd&ng on t*e 9es&gnated Lende$ to t*e same e(tent as &f a#t)a++y s&gned :y t*e 9es&gnated Lende$" Bo$$o,e$, Adm&n&st$at&5e Agent and t*e Ban7s may $e+y t*e$eon ,&t*o)t any $eC)&$ement t*at t*e 9es&gnated Lende$ s&gn o$ a#7no,+edge t*e same" No 9es&gnated Lende$ may ass&gn o$ t$ansfe$ a++ o$ any %o$t&on of &ts &nte$est *e$e)nde$ o$ )nde$ any ot*e$ Loan 9o#)ment, ot*e$ t*an ass&gnments to t*e 9es&gnat&ng Lende$ ,*&#* o$&g&na++y des&gnated s)#* 9es&gnated Lende$" !e#t&on 12"1= No Ban7$)%t#y 8$o#eed&ngs" Ea#* of Bo$$o,e$, t*e Ban7s and Adm&n&st$at&5e Agent *e$e:y ag$ees t*at &t ,&++ not &nst&t)te aga&nst any 9es&gnated Lende$ o$ Lo&n any ot*e$ 8e$son &n &nst&t)t&ng aga&nst any 9es&gnated Lende$ any :an7$)%t#y, $eo$gan&'at&on, a$$angement, &nso+5en#y o$ +&C)&dat&on %$o#eed&ng )nde$ any fede$a+ o$ state :an7$)%t#y o$ s&m&+a$ La,, fo$ one -1/ yea$ and one -1/ day afte$ t*e %ayment &n f)++ of t*e +atest mat)$&ng #omme$#&a+ %a%e$ note &ss)ed :y s)#* 9es&gnated Lende$"

IN NITNE!! N1EREO4, t*e %a$t&es *e$eto *a5e #a)sed t*&s Ag$eement to :e d)+y e(e#)ted as of t*e day and yea$ f&$st a:o5e ,$&tten" AVALONBAY COMM NITIE!, INC" By GsG Moanne M" Lo#7$&dge Name@ Moanne M" Lo#7$&dge T&t+e@ V&#e 8$es&dent Add$ess fo$ Not&#es@ 1> R&5e$ Road !)&te 210 N&+ton, CT 0EK;= Attent&on@ Moanne M" Lo#7$&dge V&#e 8$es&dent D 4&nan#e -20</ =E1DE>4> -20</ =E1DE>E0 P!EALQ

Te+e%*one@ Te+e#o%y@

T1E C1A!E MAN1ATTAN BAN2 -as Ban7, CoDAgent and !ynd&#at&on Agent/ By GsG C*a$+es E" 1oag+and Name@ C*a$+es E" 1oag+and T&t+e@ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ T*e C*ase Man*attan Ban7 2=0 8a$7 A5en)e Ne, Yo$7, NY 1001= Attent&on@ Te+e%*one@ Te+e#o%y@ Geo$ge E" N&n#7+e$ -212/ 2=0D;><= -212/ 2=0D<>1<

4LEET NATIONAL BAN2 -as CoD Agent, Ban7 and Adm&n&st$at&5e Agent/

By GsG L&sa !ande$s Name@ L&sa !ande$s T&t+e@ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ 4+eet Nat&ona+ Ban7 === Ma&n !t$eet Ma&+ Code CTE1 4022<B 1a$tfo$d, CT 0E11> Attent&on@ Te+e%*one@ Te+e#o%y@ L&sa !ande$s -20</ ;=<D1;1< -20</ ;E4D;0<K

BAN2 O4 AMERICA -as Ban7 and 9o#)mentat&on Agent/ By GsG N&na 9& !and$o Name@ N&na 9& !and$o T&t+e@ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ Ban7 of Ame$&#a, N"A" M92DE00D0ED14 EE10 Ro#7+edge 9$&5e R Et* 4+oo$ Bet*esda, M9 20K1= Attent&on@ Te+e%*one@ Te+e#o%y@ N&na 9&!and$o -<01/ 4;<D=04K -<01/ 4;<D2KK>

4IR!T NION NATIONAL BAN2 -as Ban7 and 9o#)mentat&on Agent/ By GsG 9an&e+ M" !)++&5an

Name@ 9an&e+ M" !)++&5an T&t+e@ Manag&ng 9&$e#to$ Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ 4&$st n&on Nat&ona+ Ban7 One 4&$st n&on Cente$ <01 !o)t* Co++ege !t$eet NC >E04 C*a$+otte, NC 2K2KKD>E04 Attent&on@ Te+e%*one@ Te+e#o%y@ 9a5&d 1oag+and -=04/ <=4D4K0; -=04/ <K<DE20>

CITICOR8 REAL E!TATE, INC" -as Ban7 and 9o#)mentat&on Agent/ By GsG 9a5&d S" 1&$s* Name@ 9a5&d S" 1&$s* T&t+e@ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ C&t&#o$% Rea+ Estate, In#" <;0 G$een,&#* !t$eet Ne, Yo$7, NY 1001< Attent&on@ Te+e%*one@ Te+e#o%y@ 9a5&d 1&$s* -212/ =2<D>KK1 -212/ =2<DK<K0

LE1MAN COMMERCIAL 8A8ER INC" By GsG 4$an#&s J" G&+*oo+ Name@ 4$an#&s J" G&+*oo+ T&t+e@ A)t*o$&'ed !&gnato$y Add$ess fo$ Not&#es and

A%%+&#a:+e Lend&ng Off&#e@ Le*man Comme$#&a+ 8a%e$ In#" < No$+d 4&nan#&a+ Cente$ Ne, Yo$7, NY 102K>D1200 Attent&on@ Te+e%*one@ Te+e#o%y@ T*omas B)ffa -212/ >2ED>1>< -212/ >2ED00<>

BAN2ER! TR !T COM8ANY By GsG !te5en 8" La%*am Name@ !te5en 8" La%*am T&t+e@ 9&$e#to$ Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ Ban7e$s T$)st Com%any 1<0 L&:e$ty !t$eet M!@ NYC 02D2>02 Ne, Yo$7, Ne, Yo$7 1000E Attent&on@ Te+e%*one@ Te+e#o%y@ L&nda Nang -212/ 2>0D2=K1 -212/ EE;D0=4<

AM!O T1 BAN2 By GsG A+an C" B$o,n Name@ A+an C" B$o,n T&t+e@ !en&o$ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ Am!o)t* Ban7 1;00 >t* A5en)e No$t* B&$m&ng*am, AL <>20<

Attent&on@ Te+e%*one@ Te+e#o%y@

Ro:e$t B+a&$ -20>/ <2ED40=1 -20>/ <2ED40=>

2EYBAN2 NATIONAL A!!OCIATION By GsG Ma$y E++en 4o,+e$ Name@ Ma$y E++en 4o,+e$ T&t+e@ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ 2eyBan7 Nat&ona+ Asso#&at&on 12= 8):+&# !C)a$e O1D01D2=D0K<; C+e5e+and, O1 44114 Attent&on@ Te+e%*one@ Te+e#o%y@ Ma$y E++en 4o,+e$ -21E/ EK;D4;=> -21E/ EK;D4;;=

8NC BAN2, NATIONAL A!!OCIATION By GsG Conn&e Bond !t)a$t Name@ Conn&e Bond !t)a$t T&t+e@ !en&o$ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ 8NC Ban7, Nat&ona+ Asso#&at&on One 8NC 8+a'a 24; 4&ft* A5en)e 81D8O88D1;D2 8&tts:)$g*, 8A 1>222 Attent&on@ Te+e%*one@ Rea+ Estate Ban7&ng -412/ =E2DK>1;

Te+e#o%y@ ,&t* a #o%y to@

-412/ =E2D>=>1

1401 Eye !t$eet, N"N" R !)&te 200 Nas*&ngton, 9C 2000> Attent&on@ Te+e%*one@ Te+e#o%y@ 9a5&d B)#*e$ -202/ <;<D2440 -202/ <;<D1>4>

!O T1TR !T BAN2 By GsG Rona+d A" B$ant+ey, II Name@ Rona+d A" B$ant+ey, II T&t+e@ Comme$#&a+ Loan Off&#e$ Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ !o)t*T$)st Ban7 420 No$t* 20t* !t$eet B&$m&ng*am, AL <>20< Attent&on@ Te+e%*one@ Te+e#o%y@ Ronn&e B$ant+ey -20>/ 2>4D44<K -20>/ 2>4DK2=0

COMERICA BAN2 By GsG Casey L" Ost$ande$ Name@ Casey L" Ost$ande$ T&t+e@ A##o)nt Off&#e$ Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e@ Come$&#a Ban7 >00 Nood,a$d A5en)e MC <2>E 9et$o&t, M&#*&gan 4K22E

Attent&on@ Te+e%*one@ Te+e#o%y@

Casey Ost$ande$ -<1</ 222D>2KE -<1</ 222D;2;>

! NTR !T BAN2 By GsG Nan#y B" R&#*a$ds Name@ Nan#y B" R&#*a$ds T&t+e@ V&#e 8$es&dent Add$ess fo$ Not&#es and A%%+&#a:+e Lend&ng Off&#e !)nT$)st Ban7 K24> Boone B+5d", !)&te K20 V&enna, V&$g&n&a 221K2 Attent&on@ Te+e%*one@ Te+e#o%y@ Nan#y B" R&#*a$ds -=0</ ;02D;0<; -=0</ ;02D;24>

EJ1IBIT A A T1ORISATION LETTER TTTTTTTT TTT, 2001 4+eet Nat&ona+ Ban7 TTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTT Re@ Re5o+5&ng Loan Ag$eement dated as of TTTTTTTTTTTT, 2001 -t*e .Loan Ag$eement.0 #a%&ta+&'ed te$ms not ot*e$,&se def&ned *e$e&n s*a++ *a5e t*e mean&ngs as#$&:ed to s)#* te$ms &n t*e Loan Ag$eement/ among )s, as Bo$$o,e$, t*e Ban7s named t*e$e&n, and yo), as Adm&n&st$at&5e Agent fo$ sa&d Ban7s Lad&esGGent+emen@ In #onne#t&on ,&t* t*e #a%t&oned Loan Ag$eement, ,e *e$e:y des&gnate any of t*e fo++o,&ng %e$sons to g&5e to yo) &nst$)#t&ons, &n#+)d&ng not&#es $eC)&$ed %)$s)ant to t*e Loan Ag$eement, o$a++y, :y te+e%*one o$ te+e%$o#ess, o$ &n ,$&t&ng@ [NAMES]

Inst$)#t&ons may :e *ono$ed on t*e o$a+, te+e%*on&#, te+e%$o#ess o$ ,$&tten &nst$)#t&ons of anyone %)$%o$t&ng to :e any one of t*e a:o5e des&gnated %e$sons e5en &f t*e &nst$)#t&ons a$e fo$ t*e :enef&t of t*e %e$son de+&5e$&ng t*em" Ne ,&++ f)$n&s* yo) ,&t* ,$&tten #onf&$mat&on of ea#* s)#* &nst$)#t&on s&gned :y any %e$son des&gnated a:o5e -&n#+)d&ng any te+e#o%y ,*&#* a%%ea$s to :ea$ t*e s&gnat)$e of any %e$son des&gnated a:o5e/ on t*e same day t*at t*e &nst$)#t&on &s %$o5&ded to yo), :)t yo)$ $es%ons&:&+&ty ,&t* $es%e#t to any &nst$)#t&on s*a++ not :e affe#ted :y yo)$ fa&+)$e to $e#e&5e s)#* #onf&$mat&on o$ :y &ts #ontents" N&t*o)t +&m&t&ng t*e fo$ego&ng, ,e *e$e:y )n#ond&t&ona++y a)t*o$&'e any one of t*e a:o5eDdes&gnated %e$sons to e(e#)te and s):m&t $eC)ests fo$ ad5an#es of %$o#eeds of t*e Loans -&n#+)d&ng t*e In&t&a+ Ad5an#e/ and not&#es of E+e#t&ons, Con5e$s&ons and Cont&n)at&ons to yo) )nde$ t*e Loan Ag$eement ,&t* t*e &dent&#a+ fo$#e and effe#t &n a++ $es%e#ts as &f e(e#)ted and s):m&tted :y )s" Yo) and t*e Ban7s s*a++ :e f)++y %$ote#ted &n, and s*a++ &n#)$ no +&a:&+&ty to )s fo$, a#t&ng )%on any &nst$)#t&ons ,*&#* yo) &n good fa&t* :e+&e5e to *a5e :een g&5en :y any %e$son des&gnated a:o5e, and &n no e5ent s*a++ yo) o$ t*e Ban7s :e +&a:+e fo$ s%e#&a+, #onseC)ent&a+ o$ %)n&t&5e damages" In add&t&on, ,e ag$ee to *o+d yo) and t*e Ban7s and yo)$ and t*e&$ $es%e#t&5e agents *a$m+ess f$om any and a++ +&a:&+&ty, +oss and e(%ense a$&s&ng d&$e#t+y o$ &nd&$e#t+y o)t of &nst$)#t&ons t*at ,e %$o5&de to yo) &n #onne#t&on ,&t* t*e Loan Ag$eement e(#e%t fo$ +&a:&+&ty, +oss o$ e(%ense o##as&oned :y yo)$ g$oss neg+&gen#e o$ ,&++f)+ m&s#ond)#t" %on not&#e to )s, yo) may, at yo)$ o%t&on, $ef)se to e(e#)te any &nst$)#t&on, o$ %a$t t*e$eof, ,&t*o)t &n#)$$&ng any $es%ons&:&+&ty fo$ any +oss, +&a:&+&ty o$ e(%ense a$&s&ng o)t of s)#* $ef)sa+ &f yo) &n good fa&t* :e+&e5e t*at t*e %e$son de+&5e$&ng t*e &nst$)#t&on &s not one of t*e %e$sons des&gnated a:o5e o$ &f t*e &nst$)#t&on &s not a##om%an&ed :y an a)t*ent&#at&on met*od t*at ,e *a5e ag$eed to &n ,$&t&ng" Ne ,&++ %$om%t+y not&fy yo) &n ,$&t&ng of any #*ange &n t*e %e$sons des&gnated a:o5e and, )nt&+ yo) *a5e a#t)a++y $e#e&5ed s)#* ,$&tten not&#e and *a5e *ad a $easona:+e o%%o$t)n&ty to a#t )%on &t, yo) a$e a)t*o$&'ed to a#t )%on &nst$)#t&ons, e5en t*o)g* t*e %e$son de+&5e$&ng t*em may no +onge$ :e a)t*o$&'ed" Ve$y t$)+y yo)$s, AVALONBAY COMM NITIE!, INC" By Name@ T&t+e@ EJ1IBIT B RATABLE LOAN NOTE

BTTTTTTTTTTT

Ne, Yo$7, Ne, Yo$7 TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT, 200T

4o$ 5a+)e $e#e&5ed, A5a+onBay Comm)n&t&es, In#", a Ma$y+and #o$%o$at&on -.Bo$$o,e$./, *e$e:y %$om&ses to %ay to t*e o$de$ of TTTTTTTTTTT o$ &ts s)##esso$s o$ ass&gns -#o++e#t&5e+y, t*e .Ban7./, at t*e %$&n#&%a+ off&#e of 4+eet Nat&ona+ Ban7 -.Adm&n&st$at&5e Agent./ +o#ated at TTTTTTTTTTTTTTTTTT fo$ t*e a##o)nt of t*e A%%+&#a:+e Lend&ng Off&#e of t*e Ban7, t*e %$&n#&%a+ s)m of TTTTTTTT 9o++a$s -BTTTTTTTTTTTT/, o$ &f +ess, t*e amo)nt +oaned :y t*e Ban7 )nde$ &ts Rata:+e Loan to Bo$$o,e$ %)$s)ant to t*e Loan Ag$eement -as def&ned :e+o,/ and a#t)a++y o)tstand&ng, &n +a,f)+ money of t*e n&ted !tates and &n &mmed&ate+y a5a&+a:+e f)nds, &n a##o$dan#e ,&t* t*e te$ms set fo$t* &n t*e Loan Ag$eement" Bo$$o,e$ a+so %$om&ses to %ay &nte$est on t*e )n%a&d %$&n#&%a+ :a+an#e *e$eof, fo$ t*e %e$&od s)#* :a+an#e &s o)tstand&ng, &n +&7e money, at sa&d off&#e fo$ t*e a##o)nt of sa&d A%%+&#a:+e Lend&ng Off&#e, at t*e t&me and at a $ate %e$ ann)m as %$o5&ded &n t*e Loan Ag$eement" Any amo)nt of %$&n#&%a+ *e$eof ,*&#* &s not %a&d ,*en d)e, ,*et*e$ at stated mat)$&ty, :y a##e+e$at&on, o$ ot*e$,&se, s*a++ :ea$ &nte$est f$om t*e

date ,*en d)e )nt&+ sa&d %$&n#&%a+ amo)nt &s %a&d &n f)++, %aya:+e on demand, at t*e $ate set fo$t* &n t*e Loan Ag$eement" T*e date and amo)nt of ea#* ad5an#e of t*e Rata:+e Loan made :y t*e Ban7 to Bo$$o,e$ )nde$ t*e Loan Ag$eement $efe$$ed to :e+o,, and ea#* %ayment of sa&d Rata:+e Loan, s*a++ :e $e#o$ded :y t*e Ban7 on &ts :oo7s and, %$&o$ to any t$ansfe$ of t*&s Note -o$, at t*e d&s#$et&on of t*e Ban7, at any ot*e$ t&me/, may :e endo$sed :y t*e Ban7 on t*e s#*ed)+e atta#*ed *e$eto and any #ont&n)at&on t*e$eof" T*&s Note &s one of t*e Rata:+e Loan Notes $efe$$ed to &n t*e Re5o+5&ng Loan Ag$eement dated as of TTTTTTTT TT, 2001 -as t*e same may :e amended f$om t&me to t&me, t*e .Loan Ag$eement./ among Bo$$o,e$, t*e Ban7s named t*e$e&n -&n#+)d&ng t*e Ban7/ and Adm&n&st$at&5e Agent, as adm&n&st$at&5e agent fo$ t*e Ban7s" A++ of t*e te$ms, #ond&t&ons and %$o5&s&ons of t*e Loan Ag$eement a$e *e$e:y &n#o$%o$ated :y $efe$en#e" A++ #a%&ta+&'ed te$ms )sed *e$e&n and not def&ned *e$e&n s*a++ *a5e t*e mean&ngs g&5en to t*em &n t*e Loan Ag$eement" T*e Loan Ag$eement #onta&ns, among ot*e$ t*&ngs, %$o5&s&ons fo$ t*e %$e%ayment of and a##e+e$at&on of t*&s Note )%on t*e *a%%en&ng of #e$ta&n stated e5ents" No $e#o)$se s*a++ :e *ad )nde$ t*&s Note aga&nst Bo$$o,e$?s 8$&n#&%a+s e(#e%t as and to t*e e(tent set fo$t* &n !e#t&on 11"02 of t*e Loan Ag$eement" A++ %a$t&es to t*&s Note, ,*et*e$ %$&n#&%a+, s)$ety, g)a$anto$ o$ endo$se$, *e$e:y ,a&5e %$esentment fo$ %ayment, demand, %$otest, not&#e of %$otest and not&#e of d&s*ono$" T*&s Note s*a++ :e go5e$ned :y, and #onst$)ed and enfo$#ed &n a##o$dan#e ,&t*, t*e La,s of t*e !tate of Ne, Yo$7, %$o5&ded t*at, as to t*e ma(&m)m +a,f)+ $ate of &nte$est ,*&#* may :e #*a$ged o$ #o++e#ted, &f t*e La,s a%%+&#a:+e to t*e Ban7 %e$m&t &t to #*a$ge o$ #o++e#t a *&g*e$ $ate t*an t*e La,s of t*e !tate of Ne, Yo$7, t*en s)#* La, a%%+&#a:+e to t*e Ban7 s*a++ a%%+y to t*e Ban7 )nde$ t*&s Note" AVALONBAY COMM NITIE!, INC" By Name@ T&t+e@ P!EALQ

9ate

Amo)nt of Ad5an#e

Amo)nt of 8ayment

Ba+an#e O)tstand&ng

Notat&on By

EJ1IBIT BD1 BI9 RATE LOAN NOTE B400,000,000 Ne, Yo$7, Ne, Yo$7 TTTTTTTTTT, 2001

4o$ 5a+)e $e#e&5ed, A5a+onBay Comm)n&t&es, In#", a Ma$y+and #o$%o$at&on -.Bo$$o,e$./, *e$e:y %$om&ses to %ay to t*e o$de$ of 4+eet Nat&ona+ Ban7 -.Adm&n&st$at&5e Agent./ o$ &ts s)##esso$s o$ ass&gns fo$ t*e a##o)nt of t*e $es%e#t&5e Ban7s ma7&ng B&d Rate Loans o$ t*e&$ $es%e#t&5e s)##esso$s o$ ass&gns -fo$ t*e f)$t*e$ a##o)nt of t*e&$ $es%e#t&5e A%%+&#a:+e Lend&ng Off&#es/, at t*e %$&n#&%a+ off&#e of Adm&n&st$at&5e Agent +o#ated at

TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT, t*e %$&n#&%a+ s)m of 4o)$ 1)nd$ed M&++&on 9o++a$s -B400,000,000/, o$ &f +ess, t*e amo)nt +oaned :y one o$ mo$e of sa&d Ban7s )nde$ t*e&$ $es%e#t&5e B&d Rate Loans to Bo$$o,e$ %)$s)ant to t*e Loan Ag$eement -as def&ned :e+o,/ and a#t)a++y o)tstand&ng, &n +a,f)+ money of t*e n&ted !tates and &n &mmed&ate+y a5a&+a:+e f)nds, &n a##o$dan#e ,&t* t*e te$ms set fo$t* &n t*e Loan Ag$eement" Bo$$o,e$ a+so %$om&ses to %ay &nte$est on t*e )n%a&d %$&n#&%a+ :a+an#e *e$eof, fo$ t*e %e$&od s)#* :a+an#e &s o)tstand&ng, &n +&7e money, at sa&d off&#e fo$ t*e a##o)nt of sa&d Ban7s fo$ t*e f)$t*e$ a##o)nt of t*e&$ $es%e#t&5e A%%+&#a:+e Lend&ng Off&#es, at t*e t&mes and at t*e $ates %e$ ann)m as %$o5&ded &n t*e Loan Ag$eement" Any amo)nt of %$&n#&%a+ *e$eof ,*&#* &s not %a&d ,*en d)e, ,*et*e$ at stated mat)$&ty, :y a##e+e$at&on, o$ ot*e$,&se, s*a++ :ea$ &nte$est f$om t*e date ,*en d)e )nt&+ sa&d %$&n#&%a+ amo)nt &s %a&d &n f)++, %aya:+e on demand, at t*e $ate set fo$t* &n t*e Loan Ag$eement" T*e date and amo)nt of ea#* B&d Rate Loan to Bo$$o,e$ )nde$ t*e Loan Ag$eement $efe$$ed to :e+o,, t*e name of t*e Ban7 ma7&ng t*e same, t*e &nte$est $ate a%%+&#a:+e t*e$eto and t*e mat)$&ty date t*e$eof -&"e", t*e end of t*e Inte$est 8e$&od A%%+&#a:+e t*e$eto/ s*a++ :e $e#o$ded :y Adm&n&st$at&5e Agent on &ts $e#o$ds and may :e endo$sed :y Adm&n&st$at&5e Agent on t*e s#*ed)+e atta#*ed *e$eto and any #ont&n)at&on t*e$eof" T*&s Note &s t*e B&d Rate Loan Note $efe$$ed to &n t*e Re5o+5&ng Loan Ag$eement dated as of TTTTTTTTTTTTTT, 2001 -as t*e same may :e amended f$om t&me to t&me, t*e .Loan Ag$eement./ among Bo$$o,e$, t*e Ban7s named t*e$e&n and Adm&n&st$at&5e Agent, as adm&n&st$at&5e agent fo$ t*e Ban7s" A++ of t*e te$ms, #ond&t&ons and %$o5&s&ons of t*e Loan Ag$eement a$e *e$e:y &n#o$%o$ated :y $efe$en#e" A++ #a%&ta+&'ed te$ms )sed *e$e&n and not def&ned *e$e&n s*a++ *a5e t*e mean&ngs g&5en to t*em &n t*e Loan Ag$eement" T*e Loan Ag$eement #onta&ns, among ot*e$ t*&ngs, %$o5&s&ons fo$ t*e %$e%ayment of and a##e+e$at&on of t*&s Note )%on t*e *a%%en&ng of #e$ta&n stated e5ents" No $e#o)$se s*a++ :e *ad )nde$ t*&s Note aga&nst t*e Bo$$o,e$?s 8$&n#&%a+s e(#e%t as and to t*e e(tent set fo$t* &n !e#t&on 11"02 of t*e Loan Ag$eement" A++ %a$t&es to t*&s Note, ,*et*e$ %$&n#&%a+, s)$ety, g)a$anto$ o$ endo$se$, *e$e:y ,a&5e %$esentment fo$ %ayment, demand, %$otest, not&#e of %$otest and not&#e of d&s*ono$" T*&s Note s*a++ :e go5e$ned :y, and #onst$)ed and enfo$#ed &n a##o$dan#e ,&t*, t*e La,s of t*e !tate of Ne, Yo$7, %$o5&ded t*at, as to t*e ma(&m)m +a,f)+ $ate of &nte$est ,*&#* may :e #*a$ged o$ #o++e#ted, &f t*e La,s a%%+&#a:+e to a %a$t&#)+a$ Ban7 %e$m&t &t to #*a$ge o$ #o++e#t a *&g*e$ $ate t*an t*e La,s of t*e !tate of Ne, Yo$7, t*en s)#* La, a%%+&#a:+e to s)#* Ban7 s*a++ a%%+y to s)#* Ban7 )nde$ t*&s Note" AVALONBAY COMM NITIE!, INC" By Name@ T&t+e@ B&d Rate Loan U 9ate of Ad5an#e 8$&n#&%a+ Amo)nt EJ1IBIT BD2 !NING LOAN NOTE Ne, Yo$7, Ne, Yo$7 TTTTTTTTTT, 200T 4o$ 5a+)e $e#e&5ed, A5a+onBay Comm)n&t&es, In#", a Ma$y+and #o$%o$at&on -.Bo$$o,e$./, *e$e:y %$om&ses to %ay to t*e o$de$ of TTTTTTTTTTT o$ &ts s)##esso$s o$ ass&gns -#o++e#t&5e+y, t*e .Ban7./, at t*e %$&n#&%a+ off&#e of Inte$est Rate P!EALQ

Ban7

Mat)$&ty -&"e", E(%&$at&on of Inte$est 8e$&od/

4+eet Nat&ona+ Ban7 -.Adm&n&st$at&5e Agent./ +o#ated at TTTTTTTTTTTTTTTTTTT fo$ t*e a##o)nt of t*e A%%+&#a:+e Lend&ng Off&#e of t*e Ban7, t*e %$&n#&%a+ s)m eC)a+ to t*e amo)nt +oaned :y t*e Ban7 )nde$ &ts !,&ng Loan to Bo$$o,e$ %)$s)ant to t*e Loan Ag$eement -as def&ned :e+o,/ and a#t)a++y o)tstand&ng, &n +a,f)+ money of t*e n&ted !tates and &n &mmed&ate+y a5a&+a:+e f)nds, &n a##o$dan#e ,&t* t*e te$ms set fo$t* &n t*e Loan Ag$eement" Bo$$o,e$ a+so %$om&ses to %ay &nte$est on t*e )n%a&d %$&n#&%a+ :a+an#e *e$eof, fo$ t*e %e$&od s)#* :a+an#e &s o)tstand&ng, &n +&7e money, at sa&d off&#e fo$ t*e a##o)nt of sa&d A%%+&#a:+e Lend&ng Off&#e, at t*e t&me and at a $ate %e$ ann)m as %$o5&ded &n t*e Loan Ag$eement" Any amo)nt of %$&n#&%a+ *e$eof ,*&#* &s not %a&d ,*en d)e, ,*et*e$ at stated mat)$&ty, :y a##e+e$at&on, o$ ot*e$,&se, s*a++ :ea$ &nte$est f$om t*e date ,*en d)e )nt&+ sa&d %$&n#&%a+ amo)nt &s %a&d &n f)++, %aya:+e on demand, at t*e $ate set fo$t* &n t*e Loan Ag$eement" T*e date and amo)nt of ea#* ad5an#e of t*e !,&ng Loan made :y t*e Ban7 to Bo$$o,e$ )nde$ t*e Loan Ag$eement $efe$$ed to :e+o,, and ea#* %ayment of sa&d !,&ng Loan, s*a++ :e $e#o$ded :y t*e Ban7 on &ts :oo7s and, %$&o$ to any t$ansfe$ of t*&s Note -o$, at t*e d&s#$et&on of t*e Ban7, at any ot*e$ t&me/, may :e endo$sed :y t*e Ban7 on t*e s#*ed)+e atta#*ed *e$eto and any #ont&n)at&on t*e$eof" T*&s Note &s one of t*e !,&ng Loan Notes $efe$$ed to &n t*e Re5o+5&ng Loan Ag$eement dated as of TTTTTTTT TT, 2001 -as t*e same may :e amended f$om t&me to t&me, t*e .Loan Ag$eement./ among Bo$$o,e$, t*e Ban7s named t*e$e&n -&n#+)d&ng t*e Ban7/ and Adm&n&st$at&5e Agent, as adm&n&st$at&5e agent fo$ t*e Ban7s" A++ of t*e te$ms, #ond&t&ons and %$o5&s&ons of t*e Loan Ag$eement a$e *e$e:y &n#o$%o$ated :y $efe$en#e" A++ #a%&ta+&'ed te$ms )sed *e$e&n and not def&ned *e$e&n s*a++ *a5e t*e mean&ngs g&5en to t*em &n t*e Loan Ag$eement" T*e Loan Ag$eement #onta&ns, among ot*e$ t*&ngs, %$o5&s&ons fo$ t*e %$e%ayment of and a##e+e$at&on of t*&s Note )%on t*e *a%%en&ng of #e$ta&n stated e5ents" No $e#o)$se s*a++ :e *ad )nde$ t*&s Note aga&nst Bo$$o,e$?s 8$&n#&%a+s e(#e%t as and to t*e e(tent set fo$t* &n !e#t&on 11"02 of t*e Loan Ag$eement" A++ %a$t&es to t*&s Note, ,*et*e$ %$&n#&%a+, s)$ety, g)a$anto$ o$ endo$se$, *e$e:y ,a&5e %$esentment fo$ %ayment, demand, %$otest, not&#e of %$otest and not&#e of d&s*ono$" T*&s Note s*a++ :e go5e$ned :y, and #onst$)ed and enfo$#ed &n a##o$dan#e ,&t*, t*e La,s of t*e !tate of Ne, Yo$7, %$o5&ded t*at, as to t*e ma(&m)m +a,f)+ $ate of &nte$est ,*&#* may :e #*a$ged o$ #o++e#ted, &f t*e La,s a%%+&#a:+e to t*e Ban7 %e$m&t &t to #*a$ge o$ #o++e#t a *&g*e$ $ate t*an t*e La,s of t*e !tate of Ne, Yo$7, t*en s)#* La, a%%+&#a:+e to t*e Ban7 s*a++ a%%+y to t*e Ban7 )nde$ t*&s Note" AVALONBAY COMM NITIE!, INC" By Name@ T&t+e@ Amo)nt of 8ayment P!EALQ

9ate

Amo)nt of Ad5an#e

Ba+an#e O)tstand&ng

Notat&on By

[Other Exhibits Omitted] TABLE O4 CONTENT!

ARTICLE I 9E4INITION!0 ETC" !e#t&on 1"01 9ef&n&t&ons

!e#t&on 1"02 A##o)nt&ng Te$ms !e#t&on 1"0< Com%)tat&on of T&me 8e$&ods !e#t&on 1"04 R)+es of Const$)#t&on ARTICLE II T1E LOAN! !e#t&on 2"01 !e#t&on 2"02 !e#t&on 2"0< !e#t&on 2"04 !e#t&on 2"0> !e#t&on 2"0E !e#t&on 2"0= !e#t&on 2"0K !e#t&on 2"0; !e#t&on 2"10 !e#t&on 2"11 !e#t&on 2"12 !e#t&on 2"1< !e#t&on 2"14 !e#t&on 2"1> !e#t&on 2"1E !e#t&on 2"1= !e#t&on 2"1K !e#t&on 2"1; Rata:+e Loans0 B&d Rate Loans0 8)$%ose" B&d Rate Loans" Ad5an#es, Gene$a++y 8$o#ed)$es fo$ Ad5an#es Inte$est 8e$&ods0 Rene,a+s Inte$est 4ees Notes 8$e%ayments Can#e++at&on of Comm&tments Met*od of 8ayment E+e#t&ons, Con5e$s&ons o$ Cont&n)at&on of Loans M&n&m)m Amo)nts Ce$ta&n Not&#es Rega$d&ng E+e#t&ons, Con5e$s&ons and Cont&n)at&ons of Loans Late 8ayment 8$em&)m Lette$s of C$ed&t !,&ng Loans E(tens&on Of Mat)$&ty Add&t&ona+ Loan Comm&tments"

ARTICLE III YIEL9 8ROTECTION0 ILLEGALITY, ETC" !e#t&on <"01 !e#t&on <"02 !e#t&on <"0< !e#t&on <"04 !e#t&on <"0> !e#t&on <"0E !e#t&on <"0= !e#t&on <"0K Add&t&ona+ Costs L&m&tat&on on Ty%es of Loans I++ega+&ty T$eatment of Affe#ted Loans Ce$ta&n Com%ensat&on Ca%&ta+ AdeC)a#y !):st&t)t&on of Ban7s A%%+&#a:&+&ty

ARTICLE IV CON9ITION! 8RECE9ENT !e#t&on 4"01 Cond&t&ons 8$e#edent to t*e In&t&a+ Ad5an#e !e#t&on 4"02 Cond&t&ons 8$e#edent to Ad5an#es Afte$ t*e In&t&a+ Ad5an#e !e#t&on 4"0< 9eemed Re%$esentat&ons

ARTICLE V RE8RE!ENTATION! AN9 NARRANTIE! !e#t&on >"01 !e#t&on >"02 !e#t&on >"0< !e#t&on >"04 9)e O$gan&'at&on 8o,e$ and A)t*o$&ty0 No Conf+&#ts0 Com%+&an#e N&t* La,s Lega++y Enfo$#ea:+e Ag$eements L&t&gat&on

!e#t&on >"0> !e#t&on >"0E !e#t&on >"0= !e#t&on >"0K !e#t&on >"0; !e#t&on >"10 !e#t&on >"11 !e#t&on >"12 !e#t&on >"1< !e#t&on >"14 !e#t&on >"1> !e#t&on >"1E

Good T&t+e to 8$o%e$t&es Ta(es ERI!A No 9efa)+t on O)tstand&ng M)dgments o$ O$de$s No 9efa)+ts on Ot*e$ Ag$eements Go5e$nment Reg)+at&on En5&$onmenta+ 8$ote#t&on !o+5en#y 4&nan#&a+ !tatements Va+&d E(&sten#e of Aff&+&ates Ins)$an#e A##)$a#y of Info$mat&on0 4)++ 9&s#+os)$e

ARTICLE VI A44IRMATIVE COVENANT! !e#t&on E"01 !e#t&on E"02 !e#t&on E"0< !e#t&on E"04 !e#t&on E"0> !e#t&on E"0E !e#t&on E"0= !e#t&on E"0K !e#t&on E"0; !e#t&on E"10 Ma&ntenan#e of E(&sten#e Ma&ntenan#e of Re#o$ds Ma&ntenan#e of Ins)$an#e Com%+&an#e ,&t* La,s0 8ayment of Ta(es R&g*t of Ins%e#t&on Com%+&an#e N&t* En5&$onmenta+ La,s Ma&ntenan#e of 8$o%e$t&es 8ayment of Costs Re%o$t&ng and M&s#e++aneo)s 9o#)ment ReC)&$ements 8$&n#&%a+ 8$e%ayments as a Res)+t of Red)#t&on &n Tota+ Loan Comm&tment

ARTICLE VII NEGATIVE COVENANT! !e#t&on ="01 !e#t&on ="02 !e#t&on ="0< !e#t&on ="04 Me$ge$s Et# In5estments !a+e of Assets 9&st$&:)t&ons

ARTICLE VIII 4INANCIAL COVENANT! !e#t&on K"01 !e#t&on K"02 !e#t&on K"0< !e#t&on K"04 !e#t&on K"0> !e#t&on K"0E Conso+&dated Tang&:+e Net No$t* Re+at&ons*&% of Tota+ O)tstand&ng Inde:tedness to Ca%&ta+&'at&on Va+)e Re+at&ons*&% of Com:&ned EBIT9A to Inte$est E(%ense Re+at&ons*&% of Com:&ned EBIT9A to Com:&ned 9e:t !e$5&#e Rat&o of nse#)$ed Inde:tedness to nen#)m:e$ed Asset Va+)e Re+at&ons*&% of nen#)m:e$ed Com:&ned EBIT9A to nse#)$ed Inte$est E(%ense !e#t&on K"0= Re+at&ons*&% of 9&5&dends to 4)nds 4$om O%e$at&ons !e#t&on K"0K Re+at&ons*&% of !e#)$ed Inde:tedness to Ca%&ta+&'at&on Va+)e

ARTICLE IJ EVENT! O4 9E4A LT !e#t&on ;"01 E5ents of 9efa)+t !e#t&on ;"02 Remed&es

ARTICLE J A9MINI!TRATIVE AGENT0 RELATION! AMONG BAN2! !e#t&on 10"01 !e#t&on 10"02 !e#t&on 10"0< !e#t&on 10"04 !e#t&on 10"0> !e#t&on 10"0E !e#t&on 10"0= !e#t&on 10"0K !e#t&on 10"0; !e#t&on 10"10 !e#t&on 10"11 !e#t&on 10"12 !e#t&on 10"1< !e#t&on 10"14 !e#t&on 10"1> !e#t&on 10"1E !e#t&on 10"1= A%%o&ntment, 8o,e$s and Imm)n&t&es of Adm&n&st$at&5e Agent Re+&an#e :y Adm&n&st$at&5e Agent 9efa)+ts R&g*ts of Adm&n&st$at&5e Agent as a Ban7 Indemn&f&#at&on of Adm&n&st$at&5e Agent NonDRe+&an#e on Adm&n&st$at&5e Agent and Ot*e$ Ban7s 4a&+)$e of Adm&n&st$at&5e Agent to A#t Res&gnat&on o$ Remo5a+ of Adm&n&st$at&5e Agent Amendments Con#e$n&ng Agen#y 4)n#t&on L&a:&+&ty of Adm&n&st$at&5e Agent T$ansfe$ of Agen#y 4)n#t&on NonDRe#e&%t of 4)nds :y Adm&n&st$at&5e Agent N&t**o+d&ng Ta(es M&n&m)m Comm&tment :y CoDAgents 8$o Rata T$eatment !*a$&ng of 8ayments Among Ban7s 8ossess&on of 9o#)ments

ARTICLE JI NAT RE O4 OBLIGATION! !e#t&on 11"01 A:so+)te and n#ond&t&ona+ O:+&gat&ons !e#t&on 11"02 NonDRe#o)$se to Bo$$o,e$?s 8$&n#&%a+s ARTICLE JII MI!CELLANEO ! !e#t&on 12"01 !e#t&on 12"02 !e#t&on 12"0< !e#t&on 12"04 !e#t&on 12"0> !e#t&on 12"0E !e#t&on 12"0= !e#t&on 12"0K !e#t&on 12"0; !e#t&on 12"10 !e#t&on 12"11 !e#t&on 12"12 !e#t&on 12"1< !e#t&on 12"14 !e#t&on 12"1> !e#t&on 12"1E !e#t&on 12"1= B&nd&ng Effe#t of ReC)est fo$ Ad5an#e Amendments and Na&5e$s s)$y E(%enses0 Indemn&f&#at&on Ass&gnment0 8a$t&#&%at&on 9o#)mentat&on !at&sfa#to$y Not&#es !etoff Ta:+e of Contents0 1ead&ngs !e5e$a:&+&ty Co)nte$%a$ts Integ$at&on Go5e$n&ng La, Na&5e$s M)$&sd&#t&on0 Imm)n&t&es 9es&gnated Lende$ No Ban7$)%t#y 8$o#eed&ngs

EJ1IBIT A EJ1IBIT B

D D

A)t*o$&'at&on Lette$ Rata:+e Loan Note B&d Rate Loan Note

EJ1IBIT BD1 D

EJ1IBIT BD2 D EJ1IBIT C EJ1IBIT 9 EJ1IBIT E EJ1IBIT 4 D D D D

!,&ng Loan Note Info$mat&on Rega$d&ng Mate$&a+ Aff&+&ates !o+5en#y Ce$t&f&#ate Ass&gnment and Ass)m%t&on Ag$eement 9es&gnat&on Ag$eement B&d Rate A)ote ReC)est In5&tat&on fo$ B&d Rate A)otes B&d Rate A)ote Bo$$o,e$?s A##e%tan#e of B&d Rate A)ote A##e%tan#e Lette$

EJ1IBIT GD1 D EJ1IBIT GD2 D EJ1IBIT GD< D EJ1IBIT GD4 D EJ1IBIT 1

http://contracts.onecle.com/avalonbay/chase.loan.2001.05.24.shtml