Previous Facility

Current Facility

Interest rates:

Spread over the London Interbank Offer Rate

3.00

-

4.50%

2.25

-

3.25%

Spread over alternative base rate

2.00

-

3.50%

1.25

-

2.25%

Standby fee per annum on undrawn amounts

0.825

-

1.05%

0.50%

Covenant financial ratios:

Senior leverage ratio (debt secured by liens/EBITDA)

not more than 2.50:1

Leverage ratio (total debt less unencumbered cash/EBITDA)

not more than 4.00:1

Interest coverage ratio (EBITDA/interest expense)

not less than 3.00:1