NOTE AND EQUITY PURCHASE
AGREEMENT
GLOBAL DOSIMETRY SOLUTIONS,
INC.,
AMERICAN CAPITAL FINANCIAL
SERVICES, INC.,
AS AGENT
THE PURCHASERS IDENTIFIED ON
ANNEX A HERETO
Date of Amendment No. 3:
March 28, 2006
Date of Amendment No. 2: February 1, 2006
Date of Amendment No. 1: October 14, 2005
AMENDMENT NO. 3
to the
AMENDED AND RESTATED
NOTE AND EQUITY PURCHASE AGREEMENT
THIS AMENDMENT NO.
3, dated as of March 28, 2006 (this “ Amendment
No. 3 ”), 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.3 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:
Annex C to the
Agreement is hereby amended and restated in its entirety with Annex
C attached hereto.
3.
Representations and Warranties . The Company hereby
represents and warrants as follows:
(a) Each of
the representations and warranties of the Company set forth in
Article 5 of the Agreement is true and correct in all material
respects, except to the extent of changes caused by the
transactions expressly contemplated herein.
(b) The
Company is in satisfaction of all covenants of the Company set
forth in Article 7 of the Agreement and no Default or Event of
Default under the Agreement is occurring, or will occur
upon