AMENDMENT NO. 3
TO
NOTE AND EQUITY PURCHASE AGREEMENT
DOSIMETRY ACQUISITIONS (U.S.),
LLC (successor by merger to
Dosimetry Acquisitions (U.S.), Inc.)
AMERICAN CAPITAL FINANCIAL
SERVICES, INC.
THE PURCHASERS IDENTIFIED ON
ANNEX A HERETO
Date of Amendment No. 3:
June 30, 2006
Date of Amendment No.2: November 1, 2005
Date of Amendment No. 1: October 22, 2004
Original Date: June 23, 2004
AMENDMENT NO. 3
TO
NOTE AND EQUITY PURCHASE AGREEMENT
$24,944,400 Aggregate Principal
Amount of Senior Term B Notes Due June 23, 2010
$12,168,000 Aggregate Principal
Amount of Senior Subordinated Notes Due June 23,
2011
$4,867,200 Aggregate Principal
Amount of Junior Subordinated Notes Due June 23,
2011
$8,213,400 Revolving Loan
Facility
THIS AMENDMENT NO.
3 TO THE NOTE AND EQUITY PURCHASE AGREEMENT, dated as of
June 30, 2006 (this “ Amendment ”), is by
and among MGP INSTRUMENTS, INC. (“ Borrower ”),
DOSIMETRY ACQUISITIONS (U.S.), LLC (“ Topco ”),
as Guarantor, AMERICAN CAPITAL STRATEGIES, LTD. (“
ACAS ”), ACS FUNDING TRUST I (“ AFT
,” and together with ACAS, the “Purchasers”), and
AMERICAN CAPITAL FINANCIAL SERVICES, INC., a Delaware corporation
(“ ACFS ”), as agent for Purchasers (in such
capacity “ Agent ”). Capitalized terms used and
not defined elsewhere in this Amendment have the meanings assigned
to such terms in the Agreement (as defined below).
A. The
Borrower, ACAS, and ACFS are parties to a Note and Equity Purchase
Agreement dated as of June 23, 2004 (as amended to date, the
“ Agreement ”), pursuant to which ACAS purchased
from the Borrower certain Senior Term B Notes; certain Senior
Subordinated Notes; and certain Junior Subordinated
Notes.
B. ACAS has
sold or contributed certain of the Notes to AFT.
C. The
Borrower has requested, and Agent and Purchasers have agreed, to
extend the Revolving Loan Termination Date until June 23,
2008.
D. All
capitalized terms used but not defined herein shall have the
respective meanings ascribed in the Agreement.
NOW, THEREFORE,
the parties hereto, in consideration of the premises and their
mutual covenants and agreements herein set forth and intending to
be legally bound hereby, covenant and agree as follows:
CONSENT, AMENDMENT AND LIMITED
WAIVER
1.1 Consent
. Pursuant to Section 15.2 of the Agreement, each of the
undersigned Agent and Purchasers hereby consent to this Amendment
and agree, subject to the conditions set forth
herein, that
upon the execution hereof, the Agreement is hereby amended as
follows and shall be deemed to be amended,
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