Attached files

file filename
8-K - FORM 8-K - VERINT SYSTEMS INCc03938e8vk.htm
EX-10.2 - EXHIBIT 10.2 - VERINT SYSTEMS INCc03938exv10w2.htm
Exhibit 10.1
AMENDMENT NO. 3 TO CREDIT AGREEMENT
AMENDMENT dated as of July 27, 2010 (this “Amendment”) to the Credit Agreement dated as of May 25, 2007 (as heretofore amended or modified, the “Credit Agreement”) among VERINT SYSTEMS INC. (the “Borrower”), the LENDERS from time to time party thereto and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH (formerly known as Credit Suisse, Cayman Islands Branch), as Administrative Agent (the “Administrative Agent”).
WHEREAS, the parties hereto desire to amend the Credit Agreement to, among other things, (i) change the method of calculation of the Applicable Margin, (ii) increase the aggregate amount of Incremental Term Loans and Revolving Credit Commitment Increases permitted under the Credit Agreement and (iii) make certain changes to the negative covenants.
NOW, THEREFORE, the parties hereto agree as follows:
Section 1. Defined Terms; References. Unless otherwise specifically defined herein, each term used herein that is defined in the Credit Agreement has the meaning assigned to such term in the Credit Agreement. Each reference to “hereof”, “hereunder”, “herein” and “hereby” and each other similar reference and each reference to “this Agreement” and each other similar reference contained in the Credit Agreement shall, after this Amendment becomes effective, refer to the Credit Agreement as amended hereby.
Section 2. Section 1.1 (Defined Terms). Section 1.1 of the Credit Agreement is amended as follows:
(a) the following definitions are inserted in appropriate alphabetical order:
Effective Yield”: as to any Loans, the effective all-in-yield on such Loans as determined by the Administrative Agent, taking into account the applicable interest rate margins, any interest rate floors or similar devices and all fees, including upfront or similar fees or original issue discount (amortized over the shorter of (x) the weighted average life to maturity of such Loans and (y) the four years following the date of incurrence thereof) payable generally to lenders making such Loans, but excluding any arrangement, structuring or other fees payable in connection therewith that are not generally shared with the relevant lenders and customary consent fees paid generally to consenting lenders. For the Revolving Credit Facility, calculations of effective all-in-yield shall assume that the Revolving Credit Commitments are fully drawn.
Third Amendment Effective Date”: the “Effective Date” as defined in Amendment No. 3 to Credit Agreement, dated as of July 27, 2010.

 


 

(b) the definition of “Applicable Margin” is amended and restated in its entirety to read as follows:
Applicable Margin”: for each Type of Loan for any day, the rate per annum based on the Consolidated Leverage Ratio as of the relevant date of determination according to the following pricing grid:
                     
        Base Rate     Eurodollar  
    Consolidated Leverage Ratio   Loans     Loans  
Category 1
  Greater than 3:00:1:00     3.25 %     4.25 %
Category 2
  Greater than 2:75:1:00 but less than or equal to 3:00:1:00     3.00 %     4.00 %
Category 3
  Greater than 2:50:1:00 but less than or equal to 2:75:1:00     2.75 %     3.75 %
Category 4
  Less than or equal to 2:50:1:00     2.50 %     3.50 %
Each change in the Applicable Margin resulting from a change in the Consolidated Leverage Ratio shall be effective with respect to all relevant Loans and Letters of Credit outstanding on and after the date of delivery to the Administrative Agent of the financial statements and certificates required by Section 6.1(a) or (b) and Section 6.2(b), respectively, indicating such change until the date immediately preceding the next date of delivery of such financial statements and certificates indicating another such change. Notwithstanding the foregoing, from the Third Amendment Effective Date until the Borrower shall have delivered the financial statements and certificates required by Section 6.1(b) and Section 6.2(b), respectively, for the period ended July 31, 2010, the Consolidated Leverage Ratio shall be deemed to be in Category 3 for purposes of determining the Applicable Margin. In addition, (a) at any time during which the Borrower has failed to deliver the financial statements and certificates required by Section 6.1(a) or (b) and Section 6.2(b), respectively, or (b) at any time after the occurrence and during the continuance of an Event of Default, the Consolidated Leverage Ratio shall be deemed to be in Category 1 for purposes of determining the Applicable Margin.
If any financial statement or Compliance Certificate delivered pursuant to Section 6.1 or 6.2, respectively, is inaccurate (regardless of whether this Agreement or the Commitments are in effect when such inaccuracy is discovered), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period (an “Applicable Period”) than the Applicable Margin applied for such Applicable Period, then (i) the Borrower shall immediately deliver to the Administrative Agent a corrected financial statement and a corrected Compliance Certificate for such Applicable Period, (ii) the Applicable Margin shall be determined based on the corrected Compliance Certificate for such Applicable Period, and (iii) the Borrower shall immediately pay to the Administrative Agent (for the account of the applicable Lenders during the Applicable Period or their successors and assigns) the accrued additional interest owing as a result of such increased Applicable Margin for such Applicable Period. This paragraph shall not limit the rights of the Administrative Agent or the Lenders with respect to Section 2.15(c) and Section 8 hereof, and shall survive the termination of this Agreement.

 

- 2 -


 

(c) the definition of “Base Rate” is amended and restated in its entirety to read as follows:
Base Rate”: for any day, a rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1% and (c) the Eurodollar Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1%; provided that, for the avoidance of doubt, the Eurodollar Rate for any day shall be based on the rate determined on such day at approximately 11:00 A.M., London time, by reference to the British Bankers’ Association Interest Settlement Rates for deposits in Dollars (as set forth by any service selected by the Administrative Agent which has been nominated by the British Bankers’ Association as an authorized vendor for the purpose of displaying such rates) (which rate on any day shall not be less than 1.5% per annum). For purposes hereof: “Prime Rate” shall mean the prime lending rate as set forth on the Reuters Telerate Page 5 (or such other comparable publicly available page as may, in the reasonable opinion of the Administrative Agent after notice to the Borrower, replace such page for the purpose of displaying such rate if such rate no longer appears on the Reuters Telerate page 5), as in effect from time to time. The Prime Rate is a reference rate and does not necessarily represent the lowest or best rate actually available. Any change in the Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Eurodollar Rate shall be effective as of the opening of business on the effective day of such change in the Prime Rate, the Federal Funds Effective Rate or the Eurodollar Rate, respectively.
(d) the definition of “Commitment Fee Rate” is amended and restated in its entirety to read as follows:
Commitment Fee Rate”: 3/4 of 1% per annum.
(e) the definition of “Eurodollar Rate” is amended by inserting the following sentence at the end thereof:
Notwithstanding the foregoing, the Eurodollar Rate on any day shall not be less than 1.5% per annum.

 

- 3 -


 

(f) the definition of “Permitted Acquisition” is amended and restated in its entirety to read as follows:
Permitted Acquisition”: an acquisition or any series of related acquisitions by the Borrower or any of its Subsidiaries (including any merger where the Borrower or any of its Subsidiaries is the surviving entity) of (a) all or substantially all of the assets or a majority of the outstanding voting Capital Stock or economic interests of a Person or (b) any division, line of business or other business unit of a Person (such Person or such division, line of business or other business unit of such Person shall be referred to herein as the “Permitted Acquisition Target”), in each case that is a type of business (or assets used in a type of business) permitted to be engaged in pursuant to Section 7.15, so long as (i) no Default or Event of Default shall then exist or would exist after giving effect thereto, (ii) for any acquisition for an aggregate consideration greater than $10,000,000, the Borrower shall demonstrate to the reasonable satisfaction of the Administrative Agent that, both at the time of the proposed acquisition and after giving effect to the acquisition on a pro forma basis, the Borrower is in compliance with the covenant set forth in Section 7.1, (iii) for any acquisition for an aggregate consideration greater than $10,000,000, the Administrative Agent shall have received (A) a description of the material terms of such acquisition, (B) upon request, audited financial statements (or, if unavailable, management-prepared financial statements) of the Permitted Acquisition Target for its two most recent fiscal years and for any fiscal quarters ended within the fiscal year to date for which financial statements are readily available and (C) upon request, consolidated projected income statements of the Borrower and its Subsidiaries (giving effect to such acquisition), all in form and substance reasonably satisfactory to the Administrative Agent and (iv) such acquisition shall not be a “hostile” acquisition and shall have been approved by the Board of Directors or similar governing body and/or shareholders or other equity holders of the Permitted Acquisition Target.
(g) the definition of “Permitted Refinancing” is amended by deleting the word “and” at the end of clause (ii) thereof, replacing the period at the end of clause (iii) thereof with “; and” and inserting the following clause (iv) at the end thereof:
(iv) if such Indebtedness being extended, refinanced, renewed, replaced, defeased or refunded is subordinated in right of payment to the Obligations, such extension, refinancing, renewal, replacement, defeasance or refunding Indebtedness shall be subordinated in right of payment to the Obligations on terms at least as favorable to the Lenders, taken as a whole, as those contained in the documentation governing the Indebtedness being extended, refinanced, renewed, replaced, defeased or refunded.
(h) the definitions of “Requisite Financial Statements” and “Requisite Ratings” are deleted in their entirety.

 

- 4 -


 

Section 3. Section 2.24 (Incremental Credit Extensions). Section 2.24 of the Credit Agreement is amended by (i) replacing the reference to “$50,000,000” with a reference to “$200,000,000” and (ii) inserting the following at the end of the fourth sentence thereof:
(provided that (1) if, following the incurrence of any Incremental Term Loans, the aggregate amount of Incremental Term Loans and Revolving Credit Commitment Increases would exceed $50,000,000, then (x) if the Effective Yield for such Incremental Term Loans as of the date of incurrence of such Incremental Term Loans exceeds the Effective Yield then applicable to any tranche of outstanding Term Loans or Incremental Term Loans (the amount of such excess being referred to herein as the “Term Loan Yield Differential”), then the Applicable Margin then in effect for such Term Loans and Incremental Term Loans shall automatically be increased by the Term Loan Yield Differential at each level in the pricing grid, effective upon the making of the Incremental Term Loans and (y) the weighted average life to maturity of the Incremental Term Loans shall be no shorter than the weighted average life to maturity of the Term Loans and (2) if, following the effectiveness of any Revolving Credit Commitment Increase, the aggregate amount of Revolving Credit Commitments would exceed $75,000,000, then if the Effective Yield for the Revolving Credit Commitments effected pursuant to such Revolving Credit Commitment Increase as of the effective date of such Revolving Credit Commitment Increase exceeds the sum of the Effective Yield then applicable to any tranche of outstanding Term Loans or Incremental Term Loans and 0.50% (the amount of such excess being referred to herein as the “Revolving Credit Yield Differential”), then the Applicable Margin then in effect for such Term Loans and Incremental Term Loans shall automatically be increased by the Revolving Credit Yield Differential at each level in the pricing grid, effective upon the effectiveness of the Revolving Credit Commitment Increase).
Section 4. Sections 6.1 and 6.2 (Financial Statements and Certificates; Other Information). Each instance of the parenthetical phrase “(except, until such time as clause (ii) of the definition of “Applicable Margin” has been satisfied, with respect to the impact of matters disclosed on Schedule 4.1)” in Sections 6.1 and 6.2 of the Credit Agreement is deleted in its entirety.
Section 5. Section 7.1 (Consolidated Leverage Ratio). The table appearing in Section 7.1 of the Credit Agreement is amended and restated in its entirety to read as follows:
     
    Consolidated
Fiscal Quarter   Leverage Ratio
July 31, 2007
  6.00 to 1.00
October 31, 2007
  6.00 to 1.00
January 31, 2008
  5.50 to 1.00
April 30, 2008
  5.50 to 1.00
July 31, 2008
  5.50 to 1.00
October 31, 2008
  5.50 to 1.00
January 31, 2009
  4.50 to 1.00
April 30, 2009
  4.50 to 1.00
July 31, 2009
  4.50 to 1.00
October 31, 2009
  4.50 to 1.00
January 31, 2010
  3.50 to 1.00
April 30, 2010
  3.50 to 1.00
July 31, 2010
  3.50 to 1.00
October 31, 2010
  3.50 to 1.00
January 31, 2011
  3.50 to 1.00
April 30, 2011
  3.50 to 1.00
July 31, 2011
  3.50 to 1.00
October 31, 2011
  3.50 to 1.00
January 31, 2012 and thereafter
  3.00 to 1.00

 

- 5 -


 

Section 6. Section 7.2 (Limitation on Indebtedness). Paragraph (j) of Section 7.2 of the Credit Agreement is amended and restated in its entirety to read as follows:
unsecured or subordinated Indebtedness of the Borrower having no scheduled principal payments or prepayments prior to the later of the Term Loan Maturity Date and the latest maturity date of any Incremental Term Loans at such time and any Permitted Refinancing thereof; provided that at the time of the incurrence of such Indebtedness (i) no Default or Event of Default exists or will exist after giving effect to incurrence of such Indebtedness or the use of proceeds thereof and (ii) the Borrower would be in compliance with the covenant set forth in Section 7.1 determined on a pro forma basis as of the last day of the most recently ended fiscal quarter for which the Borrower’s consolidated financial statements have been delivered hereunder; provided further that the sum of (i) the aggregate amount of Indebtedness incurred to finance Permitted Acquisitions of entities which are not or do not become Subsidiary Guarantors, after giving effect to any such Permitted Acquisition and (ii) the aggregate amount of Permitted Acquisition Indebtedness of Subsidiaries that are not Subsidiary Guarantors, shall not exceed $25,000,000; provided further that such aggregate limitation shall be increased to $50,000,000 at any time when the Consolidated Leverage Ratio as at the last day of the most recent fiscal quarter for which the Borrower’s consolidated financial statements have been delivered hereunder and after giving pro forma effect to any incurrence or assumption of such Indebtedness is less than 3.00 to 1.00; provided further that (A) notwithstanding anything herein to the contrary, such Indebtedness shall not at any time benefit from any guarantee other than an unsecured or subordinated guarantee by a Subsidiary Guarantor and (B) if subordinated, such Indebtedness and each such guarantee shall be subordinated in right of payment to the Obligations on terms and pursuant to documentation reasonably satisfactory to the Administrative Agent;
Section 7. Representations of the Borrower. The Borrower represents and warrants that:
(a) the representations and warranties of the Loan Parties set forth in Section 4 of the Credit Agreement and in each other Loan Document are true and correct in all material respects on and as of the date hereof, except in each case to the extent such representations and warranties expressly relate to an earlier date, in which case such representations and warranties were true and correct in all material respects as of such earlier date;

 

- 6 -


 

(b) no Default or Event of Default has occurred and is continuing as of the date hereof;
(c) each Loan Party has the corporate power and authority, and the legal right, to make, deliver and perform this Agreement and the other Loan Documents as modified hereby. Each Loan Party has taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement. No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the execution, delivery, performance, validity or enforceability of this Agreement, except for such as have been obtained or made and are in full force and effect and filings in respect hereof required under the Exchange Act. This Amendment has been duly executed and delivered on behalf of each Loan Party. This Amendment constitutes, and each Loan Document as modified hereby constitutes, a legal, valid and binding obligation of each Loan Party that is a party hereto or thereto, enforceable against each such Loan Party in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law);
(d) the execution, delivery and performance of this Amendment and the Loan Documents as modified hereby will not violate any Requirement of Law or any material Contractual Obligation of the Borrower or any of its Subsidiaries and will not result in, or require, the creation or imposition of any Lien on any of their respective properties or revenues pursuant to any Requirement of Law or any such material Contractual Obligation (other than the Liens created by the Security Documents); and
(e) the Borrower has previously received Corporate Ratings from each of Moody’s and S&P and has previously delivered to the Administrative Agent the Requisite Financial Statements (as defined in the Credit Agreement as in effect immediately prior to giving effect to this Amendment).
Section 8. Effectiveness. This Amendment shall become effective on the first date on which all of the following conditions have been satisfied (such date, the “Effective Date”):
(a) the Administrative Agent shall have received from the Borrower, each Subsidiary Guarantor and the Required Lenders an executed counterpart hereof or other written confirmation (in form satisfactory to the Administrative Agent) that such party has signed a counterpart hereof;
(b) the Administrative Agent shall have received from Verint Video Solutions Inc. (“Verint Video”), as Grantor, an executed counterpart of an amendment substantially in the form attached hereto as Exhibit A (the “Mortgage Amendment”) to that certain Deed of Trust, Security Agreement, Assignment of Leases and Rents, Fixture Filing and Financing Statement dated as of July 24, 2007 (the “Existing Mortgage”);
(c) the Administrative Agent shall have received from the Borrower a fee for the account of each Lender that has executed and delivered a signature page hereto to the Administrative Agent no later than 5:00 p.m. (New York time) on July 26, 2010 (or such later deadline, if any, as may be agreed to by the Borrower and indicated by the Administrative Agent to the Lenders for receipt of signatures) in an amount equal to 10 basis points of the sum of such Lender’s outstanding principal amount of Term Loans and Revolving Credit Commitment (whether used or unused) immediately prior to the effectiveness of this Amendment;

 

- 7 -


 

(d) any fees and expenses owing by the Borrower to the Administrative Agent (or its affiliates), as separately agreed to in writing by the Borrower and the Administrative Agent (or its affiliates) and invoiced to the Borrower in reasonable detail prior to the date hereof, shall have been paid in full;
(e) the Administrative Agent shall have received a written opinion of Jones Day, counsel to the Borrower and its Subsidiaries, dated as of the date hereof, in form and substance reasonably satisfactory to the Administrative Agent; and
(f) the Administrative Agent shall have received such certificates, resolutions or other documents of the Loan Parties as the Administrative Agent may reasonably require in connection herewith, including all documents and certificates it may reasonably request relating to (i) the organization, existence and good standing of each Loan Party, (ii) the corporate or other authority for and validity of this Amendment and each Loan Document as modified hereby and (iii) the incumbency of the officers of each Loan Party executing this Amendment, and other matters relevant hereto, all in form and substance reasonably satisfactory to the Administrative Agent.
Section 9. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of New York.
Section 10. Consent to Mortgage Amendment. Each Loan Party and each Lender party hereto hereby consents to the Administrative Agent and Verint Video entering into the Mortgage Amendment.
Section 11. Confirmation of Guaranties and Security Interests. By signing this Amendment, each Loan Party hereby confirms that (i) the obligations of the Loan Parties under the Credit Agreement as modified hereby and the other Loan Documents (including the Existing Mortgage, as modified by the Mortgage Amendment) constitute Obligations, (ii) the Secured Parties are entitled to the benefits of the guarantees and the security interests set forth or created in the Guarantee and Collateral Agreement and the other Loan Documents (including the Existing Mortgage, as modified by the Mortgage Amendment) and (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee and Collateral Agreement and the other Loan Documents (including the Existing Mortgage, as modified by the Mortgage Amendment) are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects.
Section 12. Counterparts. This Amendment may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument.
Section 13. Loan Document. This Amendment shall constitute a Loan Document for all purposes of the Credit Agreement.
Section 14. Cover Page. On the Effective Date, the cover page to the Credit Agreement will be replaced with the cover page attached hereto as Exhibit B, and the Persons listed as Agents on such cover page shall be assigned the titles appearing therein.

 

- 8 -


 

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

VERINT SYSTEMS INC.
   
 
           
 
  By:   /s/ Douglas Robinson    
 
           
 
      Name: Douglas Robinson    
 
      Title:   Chief Financial Officer    
 
           
    SUBSIDIARY GUARANTORS

VERINT VIDEO SOLUTIONS INC.
VERINT AMERICAS INC.
   
 
      (f/k/a Witness Systems, Inc.)
   
    VERINT WITNESS SYSTEMS LLC
   
 
      (f/k/a Witness Systems, LLC)
   
    VERINT BLUE PUMPKIN SOFTWARE LLC    
 
      (f/k/a Blue Pumpkin Software, LLC)    
 
           
 
  By:   /s/ Douglas Robinson    
 
           
 
      Name: Douglas Robinson    
 
      Title:   Treasurer    

 


 

             
    ADMINISTRATIVE AGENT

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent
   
 
           
 
  By:   /s/ Jay Chall    
 
           
 
      Name: Jay Chall
Title: Director
   
 
           
 
  By:   /s/ Christopher Reo Day    
 
           
 
      Name: Christopher Reo Day    
 
      Title: Associate    

 

- 2 -


 

             
    LENDER

Ares Enhanced Loan Investment Strategy III, Ltd.,

Ares Enhanced Loan Investment Strategy III, Ltd.
   
 
      By: Ares Enhanced Loan Management III, L.P., its Portfolio Manager
By: Ares Enhanced Loan III GP, LLC, its General Partner
   
 
           
 
  By:   /s/ Americo Casella    
 
           
 
      Name: Americo Casella    
 
      Title: Vice President    
 
           
    LENDER

Ares Institutional Loan Fund B.V.,
Ares Institutional Loan Fund B.V.
   
 
      By: Ares Management Limited, as Manager    
 
           
 
  By:   /s/ Americo Casella    
 
           
 
      Name: Americo Casella    
 
      Title: Vice President    
 
           
    LENDER

Ares XII CLO Ltd.,
Ares XII CLO Ltd.,
   
 
      By: Ares CLO Management XIII, L.P., its Asset Manager
By: Ares CLO GP XIII, LLC., its General Partner
   
 
           
 
  By:   /s/ Americo Casella    
 
           
 
      Name: Americo Casella    
 
      Title: Vice President    

 

- 3 -


 

             
    LENDER

ARES ENHANCED CREDIT OPPORTUNITIES FUND LTD.,
ARES ENHANCED CREDIT OPPORTUNITIES FUND LTD.
   
 
      By: ARES ENHANCED CREDIT OPPORTUNITIES FUND MANAGEMENT, L.P., ITS MANAGER

By: ARES ENHANCED CREDIT OPPORTUNITIES FUND MANAGEMENT, GP, LLC, AS GENERAL PARTNER
   
 
           
 
  By:   /s/ Seth J. Brufsky    
 
           
 
      Name: Seth J. Brufsky    
 
      Title: Vice President    
 
           
    LENDER

Confluent 2 Limited,
Confluent 2 Limited
   
 
      By: Ares Private Account Management I, L.P., as Sub-Manager
By: Ares Private Account Management I GP, LLC, its General Partner
   
 
           
 
  By:   /s/ Americo Casella    
 
           
 
      Name: Americo Casella    
 
      Title: Vice President    

 

- 4 -


 

             
    LENDER

Future Fund Board of Guardians
   
 
      By: Ares Enhanced Loan Investment Strategy Advisor IV, L.P., its Investment Manager (on behalf of the Elis IV Sub Account)
By: Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC, its General Partner
   
 
           
 
  By:   /s/ Americo Casella    
 
           
 
      Name: Americo Casella    
 
      Title: Vice President    
 
           
    LENDER

SEI Institutional Managed Trust Enhanced Income Fund,
SEI Institutional Managed Trust Enhanced Income Fund
   
 
      By: Ares Management LLC, as Portfolio Manager    
 
           
 
  By:   /s/ Americo Casella    
 
           
 
      Name: Americo Casella    
 
      Title: Vice President    
 
           
    LENDER

Sei Institutional Investments Trust Enhanced LIBOR Opportunities Fund,
Sei Institutional Investments Trust Enhanced LIBOR Opportunities Fund
   
 
      By: Ares Management LLC, as Portfolio Manager    
 
           
 
  By:   /s/ Americo Casella    
 
           
 
      Name: Americo Casella    
 
      Title: Vice President    

 

- 5 -


 

             
    LENDER

Barclays Bank PLC,
   
 
           
 
  By:   /s/ Tina Wong    
 
           
 
      Name: Tina Wong    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    
 
           
    LENDER

Essex Park CDO Ltd.
By: Blackstone Debt Advisors L.P. as Collateral Manager
   
 
           
 
  By:   /s/ Daniel H. Smith    
 
           
 
      Name: Daniel H. Smith    
 
      Title: Authorized Signatory    
 
 
    LENDER

Inwood Park CDO Ltd.
By: Blackstone Debt Advisors L.P., as Collateral Manager
   
 
           
 
  By:   /s/ Daniel H. Smith    
 
           
 
      Name: Daniel H. Smith    
 
      Title: Authorized Signatory    

 

- 6 -


 

             
    LENDER

Lafayette Square CDO Ltd.
By: Blackstone Debt Advisors L.P., as Collateral Manager
   
 
           
 
  By:   /s/ Daniel H. Smith    
 
           
 
      Name: Daniel H. Smith    
 
      Title: Authorized Signatory    
 
           
    LENDER

Monument Park CDO Ltd.
By: Blackstone Debt Advisors L.P., as Collateral Manager
   
 
           
 
  By:   /s/ Daniel H. Smith    
 
           
 
      Name: Daniel H. Smith    
 
      Title: Authorized Signatory    
 
           
    LENDER

Prospect Park CDO Ltd.
By: Blackstone Debt Advisors L.P., as Collateral Manager
   
 
           
 
  By:   /s/ Daniel H. Smith    
 
           
 
      Name: Daniel H. Smith    
 
      Title: Authorized Signatory    

 

- 7 -


 

             
    LENDER

Credit Suisse Loan Funding LLC
   
 
           
 
  By:   /s/ Barry Zamore    
 
           
 
      Name: Barry Zamore    
 
      Title: Managing Director    
 
           
 
  By:   /s/ Sathish Shanthan    
 
           
 
      Name: Sathish Shanthan    
 
      Title: Authorized Signatory    
 
           
    LENDER

Arizona State Retirement System
   
 
      By: Credit Suisse Alternative Capital, Inc., its Investment Adviser    
 
           
 
  By:   /s/ Louis Farano    
 
           
 
      Name: Louis Farano    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    

 

- 8 -


 

             
    LENDER

Atrium CDO
   
 
           
 
  By:   /s/ Louis Farano    
 
           
 
      Name: Louis Farano    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    
 
 
    LENDER

Atrium II
   
 
           
 
  By:   /s/ Louis Farano    
 
           
 
      Name: Louis Farano    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    

 

- 9 -


 

             
    LENDER

Atrium III
   
 
           
 
  By:   /s/ Louis Farano    
 
           
 
      Name: Louis Farano    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    
 
           
    LENDER

Atrium IV
   
 
           
 
  By:   /s/ Louis Farano    
 
           
 
      Name: Louis Farano    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    

 

- 10 -


 

             
    LENDER

Atrium V
   
 
      By: Credit Suisse Alternative Capital, Inc., as Collateral Manager    
 
           
 
  By:   /s/ Louis Farano    
 
           
 
      Name: Louis Farano    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    
 
           
    LENDER

Atrium VI
   
 
      By: Credit Suisse Alternative Capital, Inc., as Collateral Manager    
 
           
 
  By:   /s/ Louis Farano    
 
           
 
      Name: Louis Farano    
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
           
 
      Name:    
 
      Title:    

 

- 11 -


 

         
  LENDER

Bentham Wholesale Syndicated Loan Fund  
 
  By:   Credit Suisse Alternative Capital, Inc., as Agent (Sub Advisor) for Challenger Investment Services Limited, the Responsible Entity for Bentham Wholesale Syndicated Loan Fund    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

BA/CSCredit1 LLC  
 
  By:   Credit Suisse Alternative Capital, Inc., as Investment Manager duly appointed by Verizon Investment Management Corp. in its capacity as Managing Member of BA/CSCredit1 LLC    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory    
 
If a second signature is required:

 
  By:      
    Name:      
    Title:      

 

- 12 -


 

         
  LENDER

Castle Garden Funding
 
 
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Revolving Credit Lender  
 
     
  By:   /s/ James Moran    
    Name:   James Moran   
    Title:   Managing Director   
 
  By:   /s/ Christopher Reo Day   
    Name:   Christopher Reo Day  
    Title:   Associate  
     
  LENDER

Credit Suisse Dollar Senior Loan Fund, Ltd.  
 
     By: Credit Suisse Alternative Capital Inc., as Investment Manager    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 13 -


 

         
  LENDER

CSAM Funding I
 
 
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

CSAM Funding II
 
 
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 14 -


 

         
  LENDER

CSAM Funding III
 
 
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

CSAM Funding IV
 
 
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 15 -


 

         
  LENDER

Madison Park Funding I, Ltd,
 
 
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Madison Park Funding II, Ltd.  
 
  By:   Credit Suisse Alternative Capital, Inc., as Collateral Manager    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 16 -


 

         
  LENDER

Madison Park Funding III, Ltd.  
 
  By:   Credit Suisse Alternative Capital, Inc., as Collateral Manager    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Madison Park Funding IV, Ltd.  
 
  By:   Credit Suisse Alternative Capital, Inc., as Collateral Manager    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 17 -


 

         
  LENDER

Madison Park Funding V, Ltd.  
 
  By:   Credit Suisse Alternative Capital, Inc., as Collateral Manager    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Madison Park Funding VI, Ltd.  
 
  By:   Credit Suisse Alternative Capital, Inc., as Collateral Manager    
     
  By:   /s/ Louis Farano    
    Name:   Louis Farano   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 18 -


 

         
  LENDER

Empyrean Investments, LLC  
 
  By:   Credit Suisse Alternative Capital, Inc., as Collateral Manager    
     
  By:   /s/ Anthony Hynes    
    Name:   Anthony Hynes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Foothill CLO I, Ltd.  
 
  By:   The Foothill Group, Inc.,    
    as attorney-in-fact,   
     
  By:   /s/ Greg Apkarian    
    Name:   Greg Apkarian   
    Title:   Managing Member   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 19 -


 

         
  LENDER

The Foothill Group, Inc.,
 
 
  By:   /s/ Greg Apkarian    
    Name:   Greg Apkarian   
    Title:   Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

First Trust/Four Corners Senior Floating Rate Income Fund  
 
  By:   Four Corners Capital Management, LLC As Sub-Adviser    
     
  By:   /s/ Kapil Singh    
    Name:   Kapil Singh, CFA   
    Title:   Senior Vice President   
 
  LENDER

First Trust/Four Corners Senior Floating Rate Income Fund  
 
  By:   Four Corners Capital Management, LLC As Sub-Adviser    
     
  By:   /s/ Kapil Singh    
    Name:   Kapil Singh, CFA   
    Title:   Senior Vice President   

 

- 20 -


 

         
  LENDER

SFR, Ltd.  
 
  By:   Four Corners Capital Management, LLC As Collateral Manager    
     
  By:   /s/ Kapil Singh    
    Name:   Kapil Singh, CFA   
    Title:   Senior Vice President   
 
  LENDER

General Electric Capital Corporation,
 
 
  By:   /s/ Jeff Skinner    
    Name:   Jeff Skinner   
    Title:   Duly Authorized Signatory   
 
  LENDER

Golden Gate Capital SPV, Ltd.
 
 
  By:   /s/ Rob Stobo    
    Name:   Rob Stobo   
    Title:   Manager   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 

 

- 21 -


 

         
  LENDER

GGC Finance Partnership, LP
 
 
  By:   /s/ Rob Stobo    
    Name:   Rob Stobo   
    Title:   Trader   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

GoldenTree Loan Opportunities III, Limited  
 
  By:   GoldenTree Asset Management, LP    
     
  By:   /s/ William D. Christian    
    Name:   William D. Christian   
    Title:   Chief Operating Officer   
 
  LENDER

GoldenTree Loan Opportunities IV, Ltd.  
 
  By:   GoldenTree Asset Management, LP    
     
  By:   /s/ William D. Christian    
    Name:   William D. Christian   
    Title:   Chief Operating Officer   
 
  LENDER

GoldenTree Loan Opportunities V, Limited  
 
  By:   GoldenTree Asset Management, LP    
     
  By:   /s/ William D. Christian    
    Name:   William D. Christian   
    Title:   Chief Operating Officer   

 

- 22 -


 

         
  LENDER

GoldenTree Leverage Loan Financing I, Ltd.  
 
  By:   GoldenTree Leverage Loan Manager, LLC    
     
  By:   /s/ William D. Christian    
    Name:   William D. Christian   
    Title:   Chief Operating Officer   
 
  LENDER

GoldenTree Credit Opportunities Financing I, Limited  
 
  By:   GoldenTree Asset Management, LP    
 
 
  By:   /s/ William D. Christian    
    Name:   William D. Christian   
    Title:   Chief Operating Officer   
 
  LENDER

GoldenTree Capital Opportunities, LP  
 
  By:   GoldenTree Asset Management, LP    
     
  By:   /s/ William D. Christian    
    Name:   William D. Christian   
    Title:   Chief Operating Officer   
         

 

- 23 -


 

         
  LENDER

ABS Loans 2007 Limited, a subsidiary of Goldman Sachs Institutional Funds II PLC,
 
 
  By:   /s/ Keith Rothwell    
    Name:   Keith Rothwell   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:   /s/ Simon Firbank    
    Name:   Simon Firbank   
    Title:   Authorized Signatory   
 
  LENDER

Callidus Debt Partners CLO Fund VI, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Chief Operating Officer   
 
  LENDER

Callidus Debt Partners CLO Fund VII, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   

 

- 24 -


 

         
  LENDER

Chelsea Park CLO Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

FM Leveraged Capital Fund I  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Subadviser to FriedbergMilstein LLC    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

FM Leveraged Capital Fund II  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Subadviser to FriedbergMilstein LLC    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

FriedbergMilstein Private Capital Fund I  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Subadviser to FriedbergMilstein LLC    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   

 

- 25 -


 

         
  LENDER

Gale Force 1 CLO, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

Gale Force 3 CLO, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

Gale Force 4 CLO, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

Gale Force 2 CLO, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   

 

- 26 -


 

         
  LENDER

Hudson Straits CLO 2004, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

Maps CLO Fund II, Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 
  LENDER

Riverside Park CLO Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   
 

 

- 27 -


 

         
  LENDER

Tribeca Park CLO Ltd.  
 
  By:   GSO/Blackstone Debt Funds Management LLC as Collateral Manager    
     
  By:   /s/ Daniel H. Smith    
    Name:   Daniel H. Smith   
    Title:   Authorized Signatory   

 

- 28 -


 

         
  LENDER

Gulf Stream-Compass CLO 2004-1, Ltd.  
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
 
Gulf Stream-Compass CLO 2005-1, Ltd. 
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
 
Gulf Stream-Compass CLO 2005-II, Ltd. 
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
 
Gulf Stream-Sextant CLO 2006-1, Ltd. 
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
 
Gulf Stream-Rashinban CLO 2006-1, Ltd. 
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
 
Gulf Stream-Sextant CLO 2007-1, Ltd. 
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
 
Gulf Stream-Compass CLO 2007, Ltd. 
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
 
Neptune Finance CCS, Ltd. 
 
  By:   Gulf Stream Asset Management LLC As Collateral Manager    
     
  By:   /s/ Barry K. Love    
    Name:   Barry K. Love   
    Title:   Chief Credit Officer   

 

- 29 -


 

         
  LENDER

Bushnell Loan Fund II, Ltd.
 
 
  By:   /s/ Patrick M. Cook    
    Name:   Patrick M. Cook   
    Title:   Assistant Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

The Hartford Mutual Funds, Inc., on behalf of The Hartford Floating Rate Fund  
 
  By:   Hartford Investment Management Company, Its Sub-advisor    
     
  By:   /s/ Michael Pineav    
    Name:   Michael Pineav   
    Title:   Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 30 -


 

         
         
  LENDER

Stedman Loan Fund II, Ltd.
 
 
  By:   /s/ Patrick M. Cook    
    Name:   Patrick M. Cook   
    Title:   Assistant Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Armstrong Loan Funding, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 

 

- 31 -


 

         
  LENDER

Brentwood CLO Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Eastland CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 32 -


 

         
  LENDER

Gleneagles CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
 
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Grayson CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 33 -


 

         
  LENDER

Greenbriar CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Jasper CLO Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 34 -


 

         
         
  LENDER

Highland Credit Opportunities CDO Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Highland Loan Funding V Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 35 -


 

         
  LENDER

Southfork CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Liberty CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 36 -


 

         
         
  LENDER

Loan Funding IV LLC  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Loan Funding VII LLC  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 37 -


 

         
         
  LENDER

Longhorn Credit Funding, LLC  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
        
  LENDER

Red River CLO Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 38 -


 

         
  LENDER

Rockwall CDO II Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Rockwall CDO Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 

 

- 39 -


 

         
  LENDER

Stratford CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Manager    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Westchester CLO, Ltd.  
 
  By:   Highland Capital Management, L.P., As Collateral Servicer    
  By:   Strand Advisors, Inc., Its General Partner    
     
  By:   /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 40 -


 

         
  LENDER

BLT 2009 — 1 Ltd.  
 
  By:   INVESCO Senior Secured Management, Inc. As Collateral Manager    
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

CELTS CLO 2007 — 1 LTD  
 
  By:   INVESCO Senior Secured Management, Inc. As Portfolio Manager    
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 41 -


 

         
  LENDER

DIVERSIFIED CREDIT PORTFOLIO LTD.  
 
  By:   INVESCO Senior Secured Management, Inc. As Investment Advisor    
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Hudson Canyon Funding II Subsidiary Holding Company II LLC  
 
  By:   INVESCO Senior Secured Management, Inc. As Collateral Manager & Attorney In Fact    
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 42 -


 

         
  LENDER

Invesco Floating Rate Fund  
 
  By:   INVESCO Senior Secured Management, Inc.    
    As Sub-Adviser   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Lehman Commercial Paper Inc.,
 
 
  By:   /s/ Randall Braunfeld    
    Name:   Randall Braunfeld   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 43 -


 

         
  LENDER

Genesis CLO 2007-2 Ltd, by LLCP Advisors LLC as Collateral Manager
 
 
  By:   /s/ Steven Hatman    
    Name:   Steven Hatman   
    Title:   Vice President   
     
        
       
       
  LENDER

Confluent 3 Limited  
 
  By:   INVESCO Senior Secured Management, Inc.    
    As Investment Manager   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 44 -


 

         
  LENDER

Invesco Prime Income Trust  
 
  By:   INVESCO Senior Secured Management, Inc.    
    As Sub-Advisor   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Invesco Van Kampen Dynamic Credit Opportunities Fund  
 
  By:   INVESCO Senior Secured Management, Inc.    
    As Sub-Adviser   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 45 -


 

         
  LENDER

Invesco Van Kampen Senior Loan Fund  
 
  By:   INVESCO Senior Secured Management, Inc.    
    As Sub-Adviser   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Invesco Van Kampen Senior Loan Fund  
 
  By:   INVESCO Senior Secured Management, Inc.    
    As Sub-Adviser   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 46 -


 

         
  LENDER

Qualcomm Global Trading, Inc.  
 
  By:   Invesco Senior Secured Management, Inc.    
    As Investment Adviser   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

Zodiac Fund — Morgan Stanley US Senior Loan Fund  
 
  By:   Morgan Stanley Investment Management Inc.    
    as Investment Manager   
  By:   Invesco Senior Secured Management, Inc.    
    As Sub Investment Manager   
     
  By:   /s/ John Hayes    
    Name:   John Hayes   
    Title:   Authorized Signatory   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 47 -


 

         
  LENDER

LightPoint CLO V Ltd. as a Lender  
 
  By:   Neuburger Berman Fixed Income, LLC as    
    Collateral Manager for the Lender   
     
  By:   /s/ Ann E. O’Halloran    
    Name:   Ann E. O’Halloran   
    Title:   Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

LightPoint CLO II, Ltd. as a Lender  
 
  By:   Neuburger Berman Fixed Income, LLC as    
    Collateral Manager for the Lender   
     
  By:   /s/ Ann E. O’Halloran    
    Name:   Ann E. O’Halloran   
    Title:   Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 48 -


 

         
  LENDER

LightPoint CLO IV, Ltd. as a Lender  
 
  By:   Neuburger Berman Fixed Income, LLC as    
    Collateral Manager for the Lender   
     
  By:   /s/ Ann E. O’Halloran    
    Name:   Ann E. O’Halloran   
    Title:   Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

LightPoint CLO VIII, Ltd. as a Lender  
 
  By:   Neuburger Berman Fixed Income, LLC as    
    Collateral Manager for the Lender   
     
  By:   /s/ Ann E. O’Halloran    
    Name:   Ann E. O’Halloran   
    Title:   Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 49 -


 

         
  LENDER

MainStay VP Floating Rate Portfolio, a series of MainStay VP Series Fund, Inc.  
 
  By:   New York Life Investment Management LLC,    
    its Investment Manager   
     
  By:   /s/ John P. Cibbarelli    
    Name:   John P. Cibbarelli   
    Title:   Managing Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

MainStay VP Floating Rate Fund, a series of Eclipse Funds, Inc.  
 
  By:   New York Life Investment Management LLC,    
    its Investment Manager   
     
  By:   /s/ John P. Cibbarelli    
    Name:   John P. Cibbarelli   
    Title:   Managing Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 50 -


 

         
  LENDER

New York Life Insurance and Annuity Corporation  
 
  By:   New York Life Investment Management LLC,    
    its Investment Manager   
     
  By:   /s/ John P. Cibbarelli    
    Name:   John P. Cibbarelli   
    Title:   Managing Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

New York Life Insurance Company
 
 
  By:   /s/ John P. Cibbarelli    
    Name:   John P. Cibbarelli   
    Title:   Managing Director   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      

 

- 51 -


 

         
  LENDER

PIONEER FLOATING RATE TRUST
 
 
  By:   /s/ Jonathan Sharkey    
    Name:   Jonathan Sharkey   
    Title:   Portfolio Manager   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

PPM Monarch Bay Funding LLC,
 
 
  By:   /s/ Stacy Lai    
    Name:   Stacy Lai   
    Title:   Assistant Vice President   
 
  If a second signature is required:
 
 
  By:      
    Name:      
    Title:      
 
  LENDER

PPM Grayhawk, CLO, Ltd.
 
 
  By:   /s/ Chris Kappas    
    Name:   Chris Kappas   
    Title:   Managing Director   

 

- 52 -


 

         
  LENDER

Serves 2006-1, Ltd
 
 
  By:   /s/ Chris Kappas    
    Name:   Chris Kappas   
    Title:   Managing Director   
 
  LENDER

Ameriprise Certificate Company
 
 
  By:   /s/ Robin C. Stancil    
    Name:   Robin C. Stancil   
    Title:   Assistant Vice President   
 
  If a second signature is required:
 
 
  By:   N/A    
    Name:      
    Title:      
 
  LENDER

Cent CDO 10 Limited  
 
  By:   Columbia Management Investment Advisers,    
    LLC, fka RiverSource Investments, LLC As Collateral Manager   
     
  By:   /s/ Robin C. Stancil    
    Name:   Robin C. Stancil   
    Title:   Director of Operations   
 
  If a second signature is required:
 
 
  By:   N/A    
    Name:      
    Title:      

 

- 53 -


 

         
  LENDER

Cent CDO 12 Limited  
 
  By:   Columbia Management Investment Advisers,    
    LLC, fka RiverSource Investments, LLC   
     
  By:   /s/ Robin C. Stancil    
    Name:   Robin C. Stancil   
    Title:   Director of Operations   
 
  If a second signature is required:
 
 
  By:   N/A    
    Name:      
    Title:      
 
  LENDER

Cent CDO 14 Limited  
 
  By:   Columbia Management Investment Advisers,    
    LLC, fka RiverSource Investments, LLC   
     
  By:   /s/ Robin C. Stancil    
    Name:   Robin C. Stancil   
    Title:   Director of Operations   
 
  If a second signature is required:
 
 
  By:   N/A    
    Name:      
    Title:      

 

- 54 -


 

             
    LENDER    
 
           
    Cent CDO XI Limited    
 
  By:   Columbia Management Investment Advisers, LLC, fka RiverSource Investments, LLC As Collateral Manager    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Director of Operations    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
   
 
      Name:    
 
      Title:    
 
           
    LENDER    
 
           
    Centurion CDO 8 Limited    
 
  By:   Columbia Management Investment Advisers, LLC, fka RiverSource Investments, LLC    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Director of Operations    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    

 

- 55 -


 

             
    LENDER    
 
           
    Centurion CDO VI, Ltd.    
 
  By:   Columbia Management Investment Advisers, LLC, fka RiverSource Investments, LLC    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Director of Operations    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    
 
           
    LENDER    
 
           
    Centurion CDO VII Limited    
 
  By:   Columbia Management Investment Advisers, LLC, fka RiverSource Investments, LLC    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Director of Operations    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    

 

- 56 -


 

             
    LENDER    
 
           
    Cent CDO 15 Limited    
 
  By:   Columbia Management Investment Advisers, LLC, fka RiverSource Investments, LLC    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Assistant Vice President    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    
 
           
    LENDER    
 
           
    Centurion CDO 9 Limited    
 
  By:   Columbia Management Investment Advisers, LLC, fka RiverSource Investments, LLC    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Director of Operations    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    

 

- 57 -


 

             
    LENDER    
 
           
    RiverSource Bond Series, Inc. — RiverSource Floating Rate Fund    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Assistant Vice President    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    
 
           
    LENDER    
 
           
    RiverSource Strategic Allocation Series, Inc. — RiverSource Strategic Income Allocation Fund    
 
           
 
  By:   /s/ Robin C. Stancil
 
Name: Robin C. Stancil
   
 
      Title: Assistant Vice President    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    

 

- 58 -


 

             
    LENDER    
 
           
    Cortina Funding,    
 
           
 
  By:   /s/ Arlene Arellano
 
Name: Arlene Arellano
   
 
      Title: Authorized Signatory    
 
           
    If a second signature is required:    
 
           
 
  By:   N/A
 
Name:
   
 
      Title:    
 
           
    LENDER    
 
           
    WM Pool — Fixed Interest Trust No. 7    
 
  By:   Shenkman Capital Management, Inc., as Investment Manager    
 
           
 
  By:   /s/ Richard H. Weinstein
 
Name: Richard H. Weinstein
   
 
      Title: Executive Vice President    
 
           
    LENDER    
 
           
    BSA Commingled Endowment Fund, LP,    
 
  By:   Shenkman Capital Management, Inc., as Investment Manager    
 
           
 
  By:   /s/ Richard H. Weinstein
 
Name: Richard H. Weinstein
   
 
      Title: Executive Vice President    

 

- 59 -


 

             
    LENDER    
 
           
    BSA Retirement Plan for Employees    
 
  By:   Shenkman Capital Management, Inc., as Investment Manager    
 
           
 
  By:   /s/ Richard H. Weinstein
 
Name: Richard H. Weinstein
   
 
      Title: Executive Vice President    
 
           
    LENDER    
 
           
    GMAM Group Pension Trust I    
 
  By:   State Street Bank & Trust Company as Trustee For GMAM Group Pension Trust I    
 
           
 
  By:   /s/ Michael Rex
 
Name: Michael Rex
   
 
      Title: Client Service Officer    
 
           
    LENDER    
 
           
    VZBFI L.P.,    
 
           
 
  By:   /s/ Roy Kelvin
 
Name: Roy Kelvin
   
 
      Title: CFO    

 

- 60 -


 

             
    If a second signature is required:    
 
           
 
  By:        
 
     
 
Name:
   
 
      Title:    
 
           
    Each of the persons listed on Annex A, Severally but not jointly, as Lender    
 
           
 
  By:   Wellington Management Company, LLP, as investment adviser    
 
           
 
  By:   /s/ Robert J. Toner    
 
           
 
      Name: Robert J. Toner    
 
      Title: Vice President and Counsel    

 

- 61 -


 

Verint Systems Inc.
Annex A
UMC Benefit Board, Inc.
Hiscox Insurance Company (Bermuda) Ltd
Hiscox Syndicate 33
Symetra Life Insurance Company
Wellington Trust Company, National Association Multiple Common Trust Funds Trust-
Opportunistic Fixed Income Allocation Portfolio
Alterrra Insurance Limited
Stellar Performer Global Series W — Global Credit
SunAmerica Senior Floating Rate Fund, Inc.
United America Indemnity, Ltd
Wellington Trust Company, National Association Multiple Common Trust Funds Trust,
Opportunistic Investment Portfolio

 

- 62 -


 

             
    LENDER    
 
           
    WhiteHorse I, Ltd.    
 
           
 
  By:   WhiteHorse Capital Partners, L.P. As collateral manager    
 
  By:   WhiteRock Asset Advisor, LLC, its G.P.    
 
           
 
  By:   /s/ Ethan Underwood
 
Name: Ethan Underwood
   
 
      Title: Manager    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
     
 
Name:
   
 
      Title:    
 
           
    LENDER    
 
           
    WhiteHorse III, Ltd.    
 
  By:   WhiteHorse Capital Partners, L.P. As collateral manager    
 
  By:   WhiteRock Asset Advisor, LLC, its G.P.    
 
           
 
  By:   /s/ Ethan Underwood
 
Name: Ethan Underwood
   
 
      Title: Manager    
 
           
    If a second signature is required:    
 
           
 
  By:        
 
     
 
Name:
   
 
      Title:    

 

- 63 -


 

Exhibit A- Mortgage Amendment
AFTER RECORDING, PLEASE RETURN TO:
Davis Polk & Wardwell LLP
450 Lexington Avenue
New York, New York 10017
Attention: Real Estate Department
AMENDMENT NO. 1 TO DEED OF TRUST, SECURITY AGREEMENT,
ASSIGNMENT OF LEASES AND RENTS, FIXTURE FILING AND
FINANCING STATEMENT
THIS AMENDMENT NO. 1 TO DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS, FIXTURE FILING AND FINANCING STATEMENT (this “Amendment”) is made as of the 27th day of July, 2010 (the “Amendment Date”) between Verint Video Solutions Inc., a Nevada corporation, (“Grantor”), having an address at 330 South Service Road, Melville, New York, 11747, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH (formerly known as Credit Suisse, Cayman Islands Branch) as Administrative Agent for the Secured Parties, having an address at One Madison Avenue, New York, NY 10010 (together with any successors or assigns, the “Beneficiary”).
W I T N E S S E T H:
WHEREAS, pursuant to that certain Credit Agreement (the “Credit Agreement”) among Verint Systems Inc. (the “Borrower”), the lenders time to time party thereto and the Beneficiary, as administrative agent, dated as of May 25, 2007 (as amended, supplemented, replaced, restated, substituted or otherwise modified), the Secured Parties agreed to make available to Borrower certain loans and other financial accommodations to Borrower and letters of credit for the account of Borrower.
WHEREAS, Grantor wished to provide further assurance and security to the Beneficiary and the Secured Parties and as a condition to the Beneficiary and the Lenders executing the Credit Agreement, the Beneficiary and the Secured Parties required that Grantor grant to the Beneficiary, on behalf of the Secured Parties, a security interest in and a mortgage upon the Trust Property, to secure all of Grantor’s obligations under that certain Guarantee and Collateral Agreement made by the Borrower, certain of the Borrower’s subsidiaries and Beneficiary (as successor to Lehman Commercial Paper Inc. (“Lehman”)), dated as of May 25, 2007 (the “Guarantee and Collateral Agreement”), that certain Deed of Trust, Security Agreement, Assignment of Leases and Rents, Fixture Filing and Financing Statement (the “Deed of Trust”) made by Grantor to The Public Trustee of the County of La Plata, Colorado, Edward J. Murray, as trustee, for the use and benefit of the Beneficiary (as successor to Lehman), dated as of July 24, 2007 and recorded with the La Plata County Clerk on August 27, 2007 as Reception No. 963266 and the other Loan Documents.
WHEREAS, pursuant to Amendment No. 3 to Credit Agreement, among the Borrower, the Lenders, and Credit Suisse AG, Cayman Islands Branch dated July 27, 2010, the parties agreed to modify the aggregate amount of the Incremental Term Loans and the Revolving Credit Commitment Increases (as each term is defined in the Credit Agreement) such that the Term Loan Commitments and Revolving Credit Commitments may be increased to an aggregate of $865,000,000.

 

 


 

WHEREAS, Grantor and Beneficiary desire to modify the Deed of Trust pursuant to the terms of this Amendment, and confirm that the Deed of Trust remains in full force and effect, as modified by this Amendment;
NOW, THEREFORE, in consideration of the premises, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. Definitions. Capitalized terms used herein but not otherwise defined herein shall have the meanings ascribed thereto in the Deed of Trust.
2. Amendments.
The final paragraph in the Granting Clauses of the Deed of Trust is hereby replaced by the following:
This Deed of Trust covers present and future advances and re-advances, in the aggregate amount of the obligations secured hereby, made by the Secured Parties for the benefit of Grantor, and the lien of such future advances and re-advances shall relate back to the date of this Deed of Trust; provided, however, that the maximum unpaid loan indebtedness secured hereby, exclusive of interest thereon, shall not exceed $865,000,000.
3. Confirmation of Lien. The Grantor affirms the liens and security interests granted in the Deed of Trust and confirms that the Deed of Trust secures, without limitation, the obligations under the Guarantee and Collateral Agreement. The Grantor agrees that the Deed of Trust remains unchanged, except as described in Section 2 hereto, and is in full force and effect and is hereby ratified and confirmed. Nothing contained herein or in any other document relating to the Credit Agreement shall constitute or be construed as a novation of any of the obligations and liabilities secured by the Deed of Trust.
4. Miscellaneous. (a) The Grantor represents and warrants that, to the Grantor’s knowledge, as of the Amendment Date (i) the representations and warranties of the Grantor set forth in the Deed of Trust are true in all material respects, and (ii) no Event of Default has occurred and be continuing.
(b) This Amendment may be executed in counterparts, each of which shall constitute an original and all of which together shall constitute the same instrument.
(c) The Grantor hereby confirms that it has no defenses or offsets with respect to its obligations under the Deed of Trust, as modified hereby.

 

- 2 -


 

IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date and year first above written.
             
    VERINT VIDEO SOLUTIONS INC.    
 
           
 
  By:   /s/ Douglas Robinson
 
Name: Douglas Robinson
   
 
      Title: Treasurer    

 

 


 

ACKNOWLEDGMENT
STATE OF NEW YORK
COUNTY OF SUFFOLK
The foregoing instrument was acknowledged before me this 23 day of July, 2010 by Douglas Robinson on behalf of VERINT VIDEO SOLUTIONS INC.
         
 
  /s/ Patricia C. Amend
 
Notary Public
   
My Commission Expires: 10/23/2010

 

 


 

             
    CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH (formerly known as Credit Suisse, Cayman Islands Branch), as Successor Agent and Administrative Agent for the Secured Parties, as Beneficiary    
 
           
 
  By:   /s/ Jay Chall
 
Name: Jay Chall
   
 
      Title: Director    
 
           
 
  By:   /s/ Christopher Reo Day
 
Name: Christopher Reo Day
   
 
      Title: Associate    

 

 


 

ACKNOWLEDGMENT
STATE OF NEW YORK
COUNTY OF NEW YORK
The foregoing instrument was acknowledged before me this 26th day of July, 2010 by Jay Chall, Director and Christopher Reo Day on behalf of CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH.
         
 
  /s/ Majorie E. Bull
 
Notary Public
   
My Commission Expires: February 20, 2011

 

 


 

Exhibit B- Cover Page
 
CREDIT AGREEMENT
among
VERINT SYSTEMS INC.,
as Borrower,
The Several Lenders
from Time to Time Parties Hereto,
CREDIT SUISSE SECURITIES (USA) LLC,
RBC CAPITAL MARKETS
and
DEUTSCHE BANK SECURITIES INC.,
as Co-Lead Arrangers,
CREDIT SUISSE SECURITIES (USA) LLC,
RBC CAPITAL MARKETS
and
DEUTSCHE BANK SECURITIES INC.
as Joint Bookrunners,
DEUTSCHE BANK SECURITIES INC.,
as Syndication Agent,
ROYAL BANK OF CANADA,
as Documentation Agent,
and
CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
as Administrative Agent
Dated as of May 25, 2007