NOTE AND EQUITY PURCHASE
AGREEMENT
GLOBAL DOSIMETRY SOLUTIONS,
INC.,
AMERICAN CAPITAL FINANCIAL
SERVICES, INC.,
THE PURCHASERS IDENTIFIED
ON
Date of Amendment No. 2:
February 1, 2006
Date of Amendment No. 1: October 14, 2005
AMENDMENT NO. 2
to the
AMENDED AND RESTATED
NOTE AND EQUITY PURCHASE AGREEMENT
THIS
AMENDMENT NO. 2, dated as of February 1, 2006 (this “
Amendment No. 2 ”), amends the Amended and
Restated Note and Equity Purchase Agreement, dated
November 10, 2004 (as amended to date, the “
Agreement ”), and is made by and among Global
Dosimetry Solutions, Inc., a Delaware corporation (the “
Company ”), the securities purchasers that are now and
hereafter at any time parties thereto and are listed in Annex
A (or any amendment or supplement thereto) attached thereto
(each a “ Purchaser ” and collectively, “
Purchasers ”), and American Capital Financial
Services, Inc., a Delaware corporation (“ ACFS
”), as administrative agent for Purchasers (in such capacity
“ Agent ”).
A.
The parties hereto were party to a Note and Equity Purchase
Agreement, dated as of September 30, 2003 (the “
Original Purchase Agreement ”);
B.
The parties hereto are party to the Agreement, pursuant to which
the Original Purchase Agreement was amended and
restated;
C.
The Company, Purchasers and the Agent have agreed to enter into
this Amendment No. 2 to amend certain terms of the
Agreement.
NOW,
THEREFORE, the parties hereto, in consideration of the foregoing
premises and their mutual covenants and agreements herein set forth
and intending to be legally bound hereby, covenant and agree as
follows:
1.
Definitions . Capitalized terms used and not defined
elsewhere in this Amendment are as defined in the
Agreement.
2.
Amendments . The Agreement is hereby amended as
follows:
(a) The
following definition set forth in Section 1.1 of the Agreement
is hereby amended and restated in its entirety:
“
LIBOR Period ” means each month commencing on the
Closing Date, the Additional Closing Date, in the case of the
Senior Term C Notes, or the Term D Closing Date, in the case of the
Senior Term D Notes and the Revolving Notes (or if the Closing
Date, the Additional Closing Date, or the Term D Closing Date is
not a LIBOR Business Day, the next succeeding LIBOR Business Day)
and ending one month thereafter; provided , that the
foregoing provision relating to LIBOR Periods is subject to the
following:
(a) if any LIBOR
Period would otherwise end on a day that is not a LIBOR Business
Day, such LIBOR Period shall be extended to the next succeeding
LIBOR Business Day unless the result of such extension would be to
carry such LIBOR Period into another calendar month in which event
such LIBOR Period shall end on the immediately preceding LIBOR
Business Day;
(b) any LIBOR
Period that would otherwise extend beyond the maturity date of the
Notes shall end on such date; and
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