Agreement (as such Cross Referenced Covenant was set forth in the Post-Petition Credit Agreement as in effect prior to the Third Amendment and Waiver to the Post-Petition Credit Agreement) solely to consent to and permit the sale by Exide Italia...
Exhibit 4.31
EXECUTION COPY
FIFTH AMENDMENT AND WAIVER TO THE STANDSTILL AGREEMENT
FIFTH AMENDMENT AND WAIVER TO THE STANDSTILL AGREEMENT, dated as of
July 29, 2003 (this "Amendment"), to the Standstill Agreement and Fifth
Amendment to the Credit Agreement dated as of April 15, 2002 (as amended,
supplemented or otherwise modified from time to time, the "Standstill
Agreement"), among the Borrowing Subsidiaries signatories thereto, the Foreign
Subsidiary Guarantors signatories thereto, GNB Battery Technologies Japan, Inc.,
(GNB Battery Technologies Japan, Inc., together with the Borrowing Subsidiaries
and the Foreign Subsidiary Guarantors, the "Standstill Parties"), the Standstill
Lenders (as defined in the Credit Agreement), Credit Suisse First Boston, as
administrative agent (in such capacity, the "Administrative Agent") for the
Standstill Lenders, and others.
PRELIMINARY STATEMENTS
(1) The Company has requested that the DIP Lenders amend and waive
compliance with certain provisions of the Post-Petition Credit Agreement,
including amendments and waivers of certain of the Cross Referenced Covenants
incorporated by reference in the Standstill Agreement, and that certain
transactions be permitted as more particularly set forth herein.
(2) The Standstill Parties have requested that the Standstill Lenders
waive certain provisions of the Standstill Agreement to permit a certain
transaction and amend certain Cross Referenced Covenants. The Standstill Lenders
are willing to amend such provisions and consent to such a transaction upon and
subject to the terms and conditions hereinafter set forth.
NOW, THEREFORE, the parties hereto hereby agree as follows:
SECTION 1. Defined Terms. Unless otherwise specified, terms defined in
the Standstill Agreement or the Credit Agreement and used herein shall have the
meanings given to them in the Standstill Agreement or the Credit Agreement, as
applicable.
SECTION 2. Amendments to Standstill Agreement. On the Effective Date
(as hereinafter defined), (i) the Cross Referenced Covenants 8.4(j) and 8.4(k)
in Section 6 of the Standstill Agreement shall be amended as set forth in the
"Seventh Amendment to the Credit Agreement" attached hereto as Exhibit A and
shall continue to be incorporated by reference as if fully set forth in the
Standstill Agreement as so amended; and (ii) Section 8.4(1) as set forth in the
"Seventh Amendment to the Credit Agreement" attached hereto as Exhibit A shall
be incorporated by reference as if fully set forth in the Standstill Agreement
and all defined terms in those sections shall have the meanings given those
terms in Section 1.1 of the Post-Petition Credit Agreement except that each
reference to the "Administrative Agent" shall be deemed to be a reference to the
Administrative Agent under the Credit Agreement.
SECTION 3. Waiver and Consent. Effective as of the Effective Date (as
defined below) and subject to the terms and conditions set forth herein, the
Required Standstill Lenders hereby waive the requirements of Cross Referenced
Covenant 8.4 in Section 6 of the Standstill
Fifth Amendment and Waiver to Standstill Agreement
2
Agreement (as such Cross Referenced Covenant was set forth in the Post-Petition
Credit Agreement as in effect prior to the Third Amendment and Waiver to the
Post-Petition Credit Agreement) solely to consent to and permit the sale by
Exide Italia S.r.L. ("Exide Italia") to Xxxxx Trasporti e Logistica S.r.L. of
certain unoccupied buildings and a portion of the real estate located in
Casalnuovo, Naples, Italy for approximately (euro)9,000,001 in cash (the "Exide
Italia Sale"), provided, that the proceeds from the Exide Italia Sale are
received by Exide Italia approximately as follows: (euro)1,032,000 deposit paid
July 14, 2003, (euro)1,437,500 due December 31, 2003 and (euro)6,530,501 due
March 31, 2004. The Administrative Agent and the Required Standstill Lenders
agree that no part of the aggregate consideration received for the Exide Italia
Sale hereby shall be applied to the $10,000,000 limit referred to in Cross
Referenced Covenant 8.4(1) (as amended hereby) of the Post-Petition Credit
Agreement.
SECTION 4. Conditions to Effectiveness. This Amendment shall be
effective on the date on which the Administrative Agent shall have signed the
Amendment and all of the following conditions precedent have been satisfied (the
"Effective Date"):
(a) Certain Documents. The Administrative Agent shall have received on
or before the Effective Date all of the following, each of which shall be in
form and substance satisfactory to the Administrative Agent:
(i) this Amendment, executed and delivered by (w) sufficient
Standstill Lenders to constitute the Required Standstill Lenders, (x) each of
the Standstill Parties, (y) the Administrative Agent and (z) the Escrow Agent;
(ii) an executed copy of the Seventh Amendment to the Post-Petition
Credit Agreement in form and substance satisfactory to the Administrative Agent
(in consultation with the Steering Committee);
(iii) a description of the nature and material terms and conditions of
the Exide Italia Sale including a detailed description of the structure of the
transaction and each specific asset to be sold and showing the flow of funds;
and
(iv) such additional documentation as the Administrative Agent may
reasonably require or as requested by the Post-Petition Administrative Agent or
any of the DIP Lenders.
(b) Corporate and Other Proceedings. All corporate and other
proceedings, and all documents, instruments and other legal matters in
connection with the transactions contemplated by this Amendment shall be
satisfactory in all respects in form and substance to the Administrative Agent.
(c) No Events of Default. After giving effect to the Amendment, no
Standstill Event shall have occurred and be continuing, and the representations
and warranties contained in the Standstill Agreement shall be correct in all
material respects as though made on and as of the Effective Date.
(d) Payment of Costs, Fees and Expenses. All accrued and unpaid fees
and expenses of the Administrative Agent in connection with this Amendment
including, without
Fifth Amendment and Waiver to Standstill Agreement
3
limitation, the unpaid fees and expenses of counsel to the Administrative Agent
(including United States and local counsel in foreign jurisdictions) shall have
been paid.
SECTION 5. Covenant.
(a) Except upon written consent of the Administrative Agent, in
consultation with the Steering Committee, none of Exide Italia nor any other
Standstill Party shall transfer, direct transfer, or otherwise make payments in
any manner from the proceeds of the Exide Italia Sale except to transfer the
proceeds of the Exide Italia Sale to the Escrow Account promptly upon receipt
thereof.
(b) The Escrow Agent agrees that immediately upon receipt of the Exide
Italia Sale proceeds in the Escrow Account, it shall provide written
acknowledgment to the Administrative Agent that it has received such proceeds
(including the amount of such proceeds) and is holding them pursuant to the
terms of the Intercreditor Agreement.
SECTION 6. Representations and Warranties. To induce the Standstill
Lenders parties hereto to enter into this Amendment, each of the Standstill
Parties hereby represents and warrants to the Administrative Agent and all of
the Standstill Lenders the following:
(a) The execution, delivery and performance by each Standstill Party
of the Amendment and the Loan Documents to which it is a party, as amended
hereby, are within such Standstill Party's corporate powers, have been duly
authorized by all necessary corporate action, and do not (i) contravene such
Standstill Party's Constituent Documents, (ii) violate any law (including,
without limitation, the Securities Exchange Act of 1934), rule, regulation
(including, without limitation, Regulation X of the Board of Governors of the
Federal Reserve System), order, writ, judgment, injunction, decree,
determination or award applicable to such Standstill Party, or (iii) conflict
with or result in the breach of, or constitute a default under, any Contractual
Obligation, including, without limitation, the bilateral loan documents, of EHE,
EHA or any of their Subsidiaries. As of the Effective Date, no Standstill Party
is in violation of any such law, rule, regulation, order, writ, judgment,
injunction, decree, determination or award or in breach of any such contract,
loan agreement, indenture, mortgage, deed of trust, lease or other instrument,
the violation or breach of which is reasonably expected to have a Material
Adverse Effect.
(b) No authorization or approval or other action by, and no notice to
or filing with, any governmental authority or regulatory body or any other third
party is required to be obtained by the Standstill Parties in connection with
the execution and delivery, or performance by any Standstill Party of any of its
obligations under the Amendment and the Standstill Agreement, as amended hereby.
(c) The Amendment has been duly executed and delivered by each
Standstill Party, and is the legal, valid and binding obligation of such
Standstill Party, enforceable against such Standstill Party in accordance with
its terms except as may be limited by bankruptcy, insolvency, reorganization,
moratorium or other laws relating to or limiting creditors' rights or by
equitable principles generally.
Fifth Amendment and Waiver to Standstill Agreement
4
(d) No Standstill Party has an existing claim against any Standstill
Lender arising out of, relating to or in connection with the Loan Documents.
(e) As of the Effective Date, EHE is not in breach of, or in default
under, the DM Agreement, and no Foreign Subsidiary is in breach of, or in
default under, any other Contractual Obligation, binding on or affecting any
Foreign Subsidiary or any of their properties, where the consequence of such
default is to confer rights upon any person against such Foreign Subsidiary
which, if exercised, can be reasonably expected to have a Material Adverse
Effect.
(f) The representations and warranties made by each of the Standstill
Parties in the Loan Documents are true and correct in all material respects on
and as of the date hereof, after giving effect to the effectiveness of this
Amendment, as if made on and as of the date hereof.
(g) Each Standstill Party hereby represents and warrants to the
Standstill Lenders and the Administrative Agent that as of the date hereof, and
after giving effect to the waiver contained herein, (a) no Standstill Event
under the Standstill Agreement shall have occurred and be continuing and (b) all
of the representations and warranties of such Standstill Party contained in
Section 12 of the Standstill Agreement and in any other Loan Document are, as of
the date of execution hereof, true and correct in all material respects, as
though made on and as of such date (other than representations and warranties in
any such Loan Document expressly limited to a specific date).
SECTION 7. Reference to and Effect on the Loan Documents.
(a) On and after the Effective Date, each reference in the Standstill
Agreement to "this Agreement", "hereunder", "hereof" or words of like import
referring to the Standstill Agreement and each reference in the Credit Agreement
and other Loan Documents to "the Standstill Agreement", "thereunder", "thereof"
or words of like import referring to the Standstill Agreement, shall mean and be
a reference to the Standstill Agreement as amended and otherwise modified
hereby.
(b) The Standstill Agreement, the Credit Agreement and each of the
other Loan Documents, except to the extent of the amendments, covenants and
other modifications specifically provided above, are and shall continue to be in
full force and effect and are hereby in all respects ratified and confirmed.
(c) The execution, delivery and effectiveness of this Amendment shall
not, except as expressly provided herein, operate as a waiver of any right,
power or remedy of any Standstill Lender or any Agent under any of the Loan
Documents, nor constitute a waiver of any provision of any of the Loan
Documents.
(d) This Amendment is and shall be a Loan Document.
SECTION 8. Affirmation of Loan Documents. Each Standstill Party, in
its capacity as a Guarantor or otherwise, hereby consents to the modification of
the Standstill Agreement, effected hereby and hereby acknowledges and agrees
that the terms of this Amendment shall not affect in any way its duties,
Obligations and liabilities under the Credit
Fifth Amendment and Waiver to Standstill Agreement
5
Agreement, including under its Guarantee, the Standstill Agreement, or any other
Loan Document to which it is a party, all of which duties, Obligations and
liabilities shall remain in full force and effect and each of which is hereby
reaffirmed.
SECTION 9. GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HERETO SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
SECTION 10. Waiver of Jury Trial. Each of the Standstill Parties, the
Administrative Agent and the Standstill Lenders irrevocably waives all right to
trial by jury in any action, proceeding or counterclaim (whether based on
contract, tort or otherwise) arising out of or relating to this Amendment or the
actions of the Administrative Agent or any Standstill Lender in the negotiation,
administration, performance or enforcement thereof.
SECTION 11. Execution in Counterparts. This Amendment may be executed
by one or more of the parties to this Amendment in any number of separate
counterparts, and all of said counterparts taken together shall be deemed to
constitute one and the same instrument. Delivery of an executed signature page
to this Amendment by facsimile transmission shall be as effective as delivery of
a manually signed counterpart of this Amendment.
SECTION 12. Costs and Expenses. EHE hereby agrees to pay, and each of
the other Foreign Subsidiary Guarantors guarantees payment (subject to the
exceptions set forth in Schedule 10.1 of the Credit Agreement) of, all
reasonable costs and expenses associated with the preparation, execution,
delivery, administration, and enforcement of this Amendment, including, without
limitation, the fees and expenses of the Administrative Agent's counsel
(including local counsel in foreign jurisdictions) and financial advisor and the
out-of-pocket expenses of the Steering Committee (in each case, whether incurred
prior to or after the Effective Date).
[THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY]
Fifth Amendment and Waiver to Standstill Agreement
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective proper and duly authorized officers
as of the day and year first above written.
Each of the following Subsidiaries as a
Borrowing Subsidiary and as a Guarantor,
subject to the limitations, if any,
contained in Section 10.1 of the Credit
Agreement
EXIDE HOLDING EUROPE S.A.
By: /s/ Illegible
------------------------------------
Name:
Title:
COMPAGNIE EUROPEENNE D'ACCUMULATEURS
S.A.
By:
------------------------------------
Name:
Title:
EURO EXIDE CORPORATION LIMITED
By:
------------------------------------
Name:
Title:
SOCIEDAD ESPANOLA DEL ACUMULADOR XXXXX
X.X.
By:
------------------------------------
Name:
Title:
TUDOR A.B.
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective proper and duly authorized officers
as of the day and year first above written.
Each of the following Subsidiaries as a
Borrowing Subsidiary and as a Guarantor,
subject to the limitations, if any,
contained in Section 10.1 of the Credit
Agreement
EXIDE HOLDING EUROPE S.A.
By:
------------------------------------
Name:
Title:
COMPAGNIE EUROPEENNE D'ACCUMULATEURS
S.A.
By: /s/ Xavier Izarn
------------------------------------
Name: XAVIER IZARN
Title: PRESIDENT
EURO EXIDE CORPORATION LIMITED
By:
------------------------------------
Name:
Title:
SOCIEDAD ESPANOLA DEL ACUMULADOR XXXXX
X.X.
By:
------------------------------------
Name:
Title:
TUDOR A.B.
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective proper and duly authorized officers
as of the day and year first above written.
Each of the following Subsidiaries as a
Borrowing Subsidiary and as a Guarantor,
subject to the limitations, if any,
contained in Section 10.1 of the Credit
Agreement
EXIDE HOLDING EUROPE S.A.
By:
------------------------------------
Name:
Title:
COMPAGNIE EUROPEENNE D'ACCUMULATEURS
S.A.
By:
------------------------------------
Name:
Title:
EURO EXIDE CORPORATION LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
SOCIEDAD ESPANOLA DEL ACUMULADOR XXXXX
X.X.
By:
------------------------------------
Name:
Title:
TUDOR A.B.
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective proper and duly authorized officers
as of the day and year first above written.
Each of the following Subsidiaries as a
Borrowing Subsidiary and as a Guarantor,
subject to the limitations, if any,
contained in Section 10.1 of the Credit
Agreement
EXIDE HOLDING EUROPE S.A.
By:
------------------------------------
Name:
Title:
COMPAGNIE EUROPEENNE D'ACCUMULATEURS
S.A.
By:
------------------------------------
Name:
Title:
EURO EXIDE CORPORATION LIMITED
By:
------------------------------------
Name:
Title:
SOCIEDAD ESPANOLA DEL ACUMULADOR XXXXX
X.X.
By: /s/ Xxxxx Xxxxx-Brea
------------------------------------
Name: XXXXX XXXXX-BREA
Title: SECRETARY OF THE BOARD
TUDOR A.B.
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective proper and duly authorized officers
as of the day and year first above written.
Each of the following Subsidiaries as a
Borrowing Subsidiary and as a Guarantor,
subject to the limitations, if any,
contained in Section 10.1 of the Credit
Agreement
EXIDE HOLDING EUROPE S.A.
By:
------------------------------------
Name:
Title:
COMPAGNIE EUROPEENNE D'ACCUMULATEURS
S.A.
By:
------------------------------------
Name:
Title:
EURO EXIDE CORPORATION LIMITED
By:
------------------------------------
Name:
Title:
SOCIEDAD ESPANOLA DEL ACUMULADOR XXXXX
X.X.
By:
------------------------------------
Name:
Title:
TUDOR A.B.
By: /s/ Illegible /s/ Illegible
---------------------- --------------------
Name: Illegible Illegible
Title: Board Directors
Fifth Amendment and Waiver to Standstill Agreement
EXIDE TECHNOLOGIES NEDERLAND B.V.
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: Managing Director
CMP BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
DEUTSCHE EXIDE STANDBY GMBH
By:
------------------------------------
Name:
Title:
DEUTSCHE EXIDE GMBH
By:
------------------------------------
Name:
Title:
MERCOLEC TUDOR B.V.
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: Managing Director
Fifth Amendement and Wavier to Standstill Agreement
EXIDE TECHNOLOGIES NEDERLAND B.V.
By:
------------------------------------
Name:
Title:
CMP BATTERIES LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
DEUTSCHE EXIDE STANDBY GMBH
By:
------------------------------------
Name:
Title:
DEUTSCHE EXIDE GMBH
By:
------------------------------------
Name:
Title:
MERCOLEC TUDOR B.V.
By:
------------------------------------
Name:
Title:
Fifth Amendement and Wavier to Standstill Agreement
EXIDE TECHNOLOGIES NEDERLAND B.V.
By:
------------------------------------
Name:
Title:
CMP BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
DEUTSCHE EXIDE STANDBY GMBH
By: /s/ Illegible /s/ Illegible
---------------------- ---------------------
Name: Illegible Illegible
Title: Procunist Procunist
DEUTSCHE EXIDE GMBH
By: /s/ Xxxxxx Xxxx /s/ Xxxxx X. Zukowsti
---------------------- ---------------------
Name: Xxxxxx Xxxx Xxxxx X. Zukowsti
Title: General Manager Procunist
MERCOLEC TUDOR B.V.
By:
------------------------------------
Name:
Title:
Fifth Amendement and Wavier to Standstill Agreement
EXIDE TECHNOLOGIES NEDERLAND B.V.
By:
------------------------------------
Name:
Title:
CMP BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
DEUTSCHE EXIDE STANDBY GMBH
By:
------------------------------------
Name:
Title:
DEUTSCHE EXIDE GMBH
By:
------------------------------------
Name:
Title:
MERCOLEC TUDOR B.V.
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: Director
Fifth Amendement and Wavier to Standstill Agreement
Each of the following Subsidiaries as a
Guarantor, subject to the
limitations, if any, contained in
Section 10.1 of the Credit Agreement
CHLORIDE MOTIVE POWER IBERICA S.L.
By: /s/ Xxxxx Xxxxx - Brea
------------------------------------
Name: XXXXX XXXXX - BREA
Title: SECRETARY OF THE BOARD
CMP BATTERIJEN N.V.
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE BATTERIE GMBH
By:
------------------------------------
Name:
Title:
XXXXX BATTERIE AG
By:
------------------------------------
Name:
Title:
ELECTRO MERCANTIL INDUSTRIAL S.L.
By: /s/ Xxxxx Xxxxx - Brea
------------------------------------
Name: XXXXX XXXXX - BREA
Title: SECRETARY OF THE BOARD
EXIDE (DAGENHAM) LIMITED
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
Each of the following Subsidiaries as a
Guarantor, subject to the
limitations, if any, contained in
Section 10.1 of the Credit Agreement
CHLORIDE MOTIVE POWER IBERICA S.L.
By:
------------------------------------
Name:
Title:
CMP BATTERIJEN N.V.
By: /s/ N. S. Bright
------------------------------------
Name: N. S. BRIGHT
Title: DIRECTOR
EXIDE AUTOMOTIVE BATTERIE GMBH
By:
------------------------------------
Name:
Title:
XXXXX BATTERIE AG
By:
------------------------------------
Name:
Title:
ELECTRO MERCANTIL INDUSTRIAL S.L.
By:
------------------------------------
Name:
Title:
EXIDE (DAGENHAM) LIMITED
By:
------------------------------------
Name:
Title:
Each of the following Subsidiaries as a
Guarantor, subject to the
limitations, if any, contained in
Section 10.1 of the Credit Agreement
CHLORIDE MOTIVE POWER IBERICA S.L.
By:
------------------------------------
Name:
Title:
CMP BATTERIJEN N.V.
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE BATTERIE GMBH
By: /s/ Xxxxxx Xxxx
------------------------------------
Name: Xxxxxx Xxxx
Title: Managing Director
XXXXX BATTERIE AG
By: /s/ Xxxxxx Xxxx
------------------------------------
Name: Xxxxxx Xxxx
Title: Chairman
ELECTRO MERCANTIL INDUSTRIAL S.L.
By:
------------------------------------
Name:
Title:
EXIDE (DAGENHAM) LIMITED
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
Each of the following Subsidiaries as a
Guarantor, subject to the
limitations, if any, contained in
Section 10.1 of the Credit Agreement
CHLORIDE MOTIVE POWER IBERICA S.L.
By:
------------------------------------
Name:
Title:
CMP BATTERIJEN N.V.
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE BATTERIE GMBH
By:
------------------------------------
Name:
Title:
XXXXX BATTERIE AG
By:
------------------------------------
Name:
Title:
ELECTRO MERCANTIL INDUSTRIAL S.L.
By: /s/ Xxxxx Xxxxx - Brea
------------------------------------
Name: XXXXX XXXXX - BREA
Title: SECRETARY OF THE BOARD
EXIDE (DAGENHAM) LIMITED
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
Each of the following Subsidiaries as a
Guarantor, subject to the
limitations, if any, contained in
Section 10.1 of the Credit Agreement
CHLORIDE MOTIVE POWER IBERICA S.L.
By:
------------------------------------
Name:
Title:
CMP BATTERIJEN N.V.
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE BATTERIE GMBH
By:
------------------------------------
Name:
Title:
XXXXX BATTERIE AG
By:
------------------------------------
Name:
Title:
ELECTRO MERCANTIL INDUSTRIAL S.L.
By:
------------------------------------
Name:
Title:
EXIDE (DAGENHAM) LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
FULMEN UK LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE S.A.
By:
------------------------------------
Name:
Title:
SOCIEDADE PORTUGUESA DO
ACUMULADOR XXXXX X.X.
By:
------------------------------------
Name:
Title:
EXIDE DANMARK A/S
By:
------------------------------------
Name:
Title:
EXIDE BATTERIER AB
By:
------------------------------------
Name:
Title:
CENTRA S.A.
By:
------------------------------------
Name:
Title:
EXIDE SONNAK A/S
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
FULMEN UK LIMITED
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE S.A.
By: /s/ Xxxxxxxx Xxxxxx
------------------------------------
Name: Xxxxxxxx Xxxxxx
Title: Director
SOCIEDADE PORTUGUESA DO
ACUMULADOR XXXXX X.X.
By:
------------------------------------
Name:
Title:
EXIDE DANMARK A/S
By:
------------------------------------
Name:
Title:
EXIDE BATTERIER AB
By:
------------------------------------
Name:
Title:
CENTRA S.A.
By:
------------------------------------
Name:
Title:
EXIDE SONNAK A/S
By:
------------------------------------
Name:
Title:
FULMEN UK LIMITED
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE S.A.
By:
------------------------------------
Name:
Title:
SOCIEDADE PORTUGUESA DO
ACUMULADOR XXXXX X.X.
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: Director
By: /s/ Xxxxxxxx Xxxxxx Pato Marouco
------------------------------------
Name: Xxxxxxxx Xxxxxx Pato Marouco
Title: Director
EXIDE DANMARK A/S
By:
------------------------------------
Name:
Title:
EXIDE BATTERIER AB
By:
------------------------------------
Name:
Title:
CENTRA S.A.
By:
------------------------------------
Name:
Title:
FULMEN UK LIMITED
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE S.A.
By:
------------------------------------
Name:
Title:
SOCIEDADE PORTUGUESA DO
ACUMULADOR XXXXX X.X.
By:
------------------------------------
Name:
Title:
EXIDE DANMARK A/S
By: /s/ Illegible /s/ Illegible
---------------------- -------------
Name: Illegible Illegible
Title: Board Directors
EXIDE BATTERIER AB
By: /s/ Illegible /s/ Illegible
---------------------- -------------
Name: Illegible Illegible
Title: Board Directors
CENTRA S.A.
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
FULMEN UK LIMITED
By:
------------------------------------
Name:
Title:
EXIDE AUTOMOTIVE S.A.
By:
------------------------------------
Name:
Title:
SOCIEDADE PORTUGUESA DO
ACUMULADOR XXXXX X.X.
By:
------------------------------------
Name:
Title:
EXIDE DANMARK A/S
By:
------------------------------------
Name:
Title:
EXIDE BATTERIER AB
By:
------------------------------------
Name:
Title:
CENTRA S.A.
By: /s/ Xxxxxxxxxx Xxxxxxxx - Xxxxx
------------------------------------
Name: Xxxxxxxxxx Xxxxxxxx - Xxxxx
Title: Country Manager
EXIDE SONNAK A/S
By:
------------------------------------
Name:
Title:
EXIDE SONNAK A/S
By: /s/ Illegible /s/ Illegible
---------------------- -------------
Name: Illegible Illegible
Title: Board Directors
EXIDE BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
B.I.G. BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
EXIDE LENDING LIMITED
By:
------------------------------------
Name:
Title:
EXIDE ITALIA S.R.L
By:
------------------------------------
Name:
Title:
INDUSTRIA COMPOSIZIONI STAMPATE, SPA
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
EXIDE BATTERIES LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
B.I.G. BATTERIES LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
EXIDE LENDING LIMITED
By:
------------------------------------
Name:
Title:
EXIDE ITALIA S.R.L.
By:
------------------------------------
Name:
Title:
INDUSTRIA COMPOSIZIONI STAMPATE, SPA
By:
------------------------------------
Name:
Title:
EXIDE HOLDINGS LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
EXIDE TECHNOLOGIES HOLDING BV
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
EXIDE BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
B.I.G. BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
EXIDE LENDING LIMITED
By: /s/ Xxxxx Xxxxx
------------------------------------
Name: XXXXX XXXXX
Title: DIRECTOR
EXIDE ITALIA S.R.L.
By:
------------------------------------
Name:
Title:
INDUSTRIA COMPOSIZIONI STAMPATE, SPA
By:
------------------------------------
Name:
Title:
EXIDE HOLDINGS LIMITED
By:
------------------------------------
Name:
Title:
EXIDE TECHNOLOGIES HOLDING BV
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
EXIDE BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
B.I.G. BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
EXIDE LENDING LIMITED
By:
------------------------------------
Name:
Title:
EXIDE ITALIA S.R.L.
By: /s/ Xxxxxx Xxxxxxxx X'Xxxxx
------------------------------------
Name: XXXXXX XXXXXXXX X'XXXXX
Title: MANAGING DIRECTOR
INDUSTRIA COMPOSIZIONI STAMPATE, SPA
By: Xxxxxx Xxxxxxxx X'Xxxxx
------------------------------------
Name: XXXXXX XXXXXXXX X'XXXXX
Title: MANAGING DIRECTOR
EXIDE HOLDINGS LIMITED
By:
------------------------------------
Name:
Title:
EXIDE TECHNOLOGIES HOLDING BV
By:
------------------------------------
Name:
Title:
EXIDE BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
B.I.G. BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
EXIDE LENDING LIMITED
By:
------------------------------------
Name:
Title:
EXIDE ITALIA S.R.L.
By:
------------------------------------
Name:
Title:
INDUSTRIA COMPOSIZIONI STAMPATE, SPA
By:
------------------------------------
Name:
Title:
EXIDE HOLDINGS LIMITED
By:
------------------------------------
Name:
Title:
EXIDE TECHNOLOGIES HOLDING BV
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: MAN. DIRECTOR
Fifth Amendment and Waiver to Standstill Agreement
EXIDE TRANSPORTATION HOLDING EUROPE, SL
By: /s/ Xxxxx Xxxxx-Brea
------------------------------------
Name: XXXXX XXXXX-BREA
Title: SECRETARY OF THE BOARD
EXIDE AUSTRALIA PTY LIMITED
By:
------------------------------------
Name:
Title:
EXIDE TECHNOLOGIES LIMITED
By:
------------------------------------
Name:
Title:
EXIDE HOLDING ASIA PTE LIMITED
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
EXIDE TRANSPORTATION HOLDING EUROPE, SL
By:
------------------------------------
Name:
Title:
EXIDE AUSTRALIA PTY LIMITED
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: General Counsel
EXIDE TECHNOLOGIES LIMITED
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: General Counsel
EXIDE HOLDING ASIA PTE LIMITED
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
EXIDE TRANSPORTATION HOLDING EUROPE, SL
By:
------------------------------------
Name:
Title:
EXIDE AUSTRALIA PTY LIMITED
By:
------------------------------------
Name:
Title:
EXIDE TECHNOLOGIES LIMITED
By:
------------------------------------
Name:
Title:
EXIDE HOLDING ASIA PTE LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
GNB TECHNOLOGIES (CHINA) LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
EXIDE SINGAPORE PTE LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
EXIDE CANADA INC.
By:
------------------------------------
Name:
Title:
1036058 ONTARIO INC.
By:
------------------------------------
Name:
Title:
GNB TECHNOLOGIES LIMITED
By:
------------------------------------
Name:
Title:
MBD NATIONAL LIMITED
By:
------------------------------------
Name:
Title:
NATIONAL BATTERY DISTRIBUTION LIMITED
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
GNB TECHNOLOGIES (CHINA) LIMITED
By:
------------------------------------
Name:
Title:
EXIDE SINGAPORE PTE LIMITED
By:
------------------------------------
Name:
Title:
EXIDE CANADA INC.
By: /s/ Xxxxx X. Israel
------------------------------------
Name: Xxxxx X. Israel
Title: Asst. Secretary
1036058 ONTARIO INC.
By: /s/ Xxxxx X. Israel
------------------------------------
Name:Xxxxx X. Israel
Title: Asst. Secretary
GNB TECHNOLOGIES LIMITED
By:
------------------------------------
Name:
Title:
MBD NATIONAL LIMITED
By:
------------------------------------
Name:
Title:
NATIONAL BATTERY DISTRIBUTION LIMITED
By:
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
GNB TECHNOLOGIES (CHINA) LIMITED
By:
------------------------------------
Name:
Title:
EXIDE SINGAPORE PTE LIMITED
By:
------------------------------------
Name:
Title:
EXIDE CANADA INC.
By:
------------------------------------
Name:
Title:
1036058 ONTARIO INC.
By:
------------------------------------
Name:
Title:
GNB TECHNOLOGIES LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
MBD NATIONAL LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
NATIONAL BATTERY DISTRIBUTION LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
NORD GROUP LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
OHE LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
SPITFIRE BATTERIES LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
TS BATTERIES LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
GNB TECHNOLOGIES NV
By:
------------------------------------
Name:
Title:
DETA UK LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
FRIWO BATTERIES LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
NORD GROUP LIMITED
By:
------------------------------------
Name:
Title:
OHE LIMITED
By:
------------------------------------
Name:
Title:
SPITFIRE BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
TS BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
GNB TECHNOLOGIES NV
By: /s/ Xxxxxx Xxxx /s/ Illegible
------------------- --------------
Name: XXXXXX XXXX Illegible
Title: DIRECTOR DIRECTOR
DETA UK LIMITED
By:
------------------------------------
Name:
Title:
FRIWO BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
NORD GROUP LIMITED
By:
------------------------------------
Name:
Title:
OHE LIMITED
By:
------------------------------------
Name:
Title:
SPITFIRE BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
TS BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
GNB TECHNOLOGIES NV
By: /s/ Illegible
------------------------------------
Name: Illegible
Title: Director
DETA UK LIMITED
By:
------------------------------------
Name:
Title:
FRIWO BATTERIES LIMITED
By:
------------------------------------
Name:
Title:
GEMALA IRELAND (HOLDINGS) LIMITED
By: /s/ Illegible
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
GNB BATTERY TECHNOLOGIES JAPAN, INC.
As a Guarantor, subject to the
limitations, if any, contained in
Section 10.1 of the Credit Agreement
By: /s/ Illegible
------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
CITIBANK USA INC., as Escrow Agent
By: /s/ Xxxxx X. Xxxxxxx
------------------------------------
Name: XXXXX X. XXXXXXX
Title: Vice President
Fifth Amendment and Waiver to Standstill Agreement
CREDIT SUISSE FIRST BOSTON, as
Administrative Agent
By: /s/ Xxxxxx Xxxxxx
------------------------------------
Name: Xxxxxx Xxxxxx
Title: Director
By: /s/ Xxxxx Xxxxxx
------------------------------------
Name: XXXXX XXXXXX
Title: MANAGING DIRECTOR
Fifth Amendment and Waiver to Standstill Agreement
Lenders
AG CAPITAL FUNDING PARTNERS, L.P.
BY: XXXXXX, XXXXXX & CO., L.P.,
AS INVESTMENT ADVISOR
[Print Name of Lender]
By /s/ Xxxxxxx Xxxxxxx
-------------------------------------
Name: Xxxxxxx Xxxxxxx
Title: MANAGING DIRECTOR
Fifth Amendment and Waiver to Standstill Agreement
Lenders
ALPHA BANK A.E.
By /s/ Xxxxxx X. Xxxxxxx
-------------------------------------
Name: XXXXXX X. XXXXXXX
Title: DEPUTY GENERAL MANAGER
By /s/ Xxxxxxx X. Xxxx
-------------------------------------
Name: XXXXXXX X. XXXX
Title: OPERATIONS MANAGER
Lenders
AVALON CAPITAL LTD.
By: INVESCO Senior Secured Management,
Inc. As Portfolio Advisor
By /s/ Xxxxxx Xxxxxxx
-------------------------------------
Name: Xxxxxx Xxxxxxx
Title: Authorized Signatory
Fifth Amendment and Waiver to Standstill Agreement
Lenders
AVALON CAPITAL LTD. 2
By: INVESCO Senior Secured Management,
Inc. As Portfolio Advisor
By /s/ Xxxxxx Xxxxxxx
-------------------------------------
Name: Xxxxxx Xxxxxxx
Title: Authorized Signatory
Fifth Amendment and Waiver to Standstill Agreement
Lenders
BANCO ESPIRITO SANTO, S.A.
[Print Name of Lender]
By /s/ Xxx Xxxxxx /s/ Xxxxxxx Xxxxxx
----------------------- --------------------
Name: XXX XXXXXX XXXXXXX XXXXXX
Title: SENIOR MANAGER ASSITANT MANAGER
Fifth Amendment and Waiver to Standstill Agreement
Lenders
THE BANK OF NOVA SCOTIA
[Print Name of Lender]
By /s/ Xxxxxx X. Xxxxxxxx
-------------------------------------
Name: XXXXXX X. XXXXXXXX
Title: DIRECTOR
Fifth Amendment and Waiver to Standstill Agreement
Lenders
BANK OF SCOTLAND
By /s/ Xxxx Xxxxxxx
-------------------------------------
Name: XXXX XXXXXXX
Title: ASSOCIATE DIRECTOR
Lenders
BDCM OPPORTUNITY FUND, L.P.
by Black Diamond Capital Management, L.L.C.
its General Partner
[Print Name of Lender]
By /s/ Illegible
----------------------------------------
Name:
Title:
Fifth Amendment and Waiver to Standstill Agreement
Lenders
Bear Xxxxxxx & Co.
[Print Name of Lender]
By /s/ Xxxx X. McDermoti
-------------------------------------
Name: XXXX X. McDERMOTI
Title: SENIOR MANAGING DIRECTOR
Fifth Amendment and Waiver to Standstill Agreement
Lenders
BLACK DIAMOND INTERNATIONAL FUNDING LTD.
[Print Name of Lender]
By /s/ Xxxx Xxxxxxx
-------------------------------------
Name Xxxx Xxxxxxx
Title Director
Fifth Amendment and Waiver to Standstill Agreement
Lenders
BLACK DIAMOND CLO 199_-1 LTD.
[Print Name of Lender]
By /s/ Xxxx Xxxxxxx
-------------------------------------
Name Xxxx Xxxxxxx
Title Director
Fifth Amendment and Waiver to Standstill Agreement
Lenders
BLACK DIAMOND CLO 2000-1 LTD.
[Print Name of Lender]
By /s/ Xxxx Xxxxxxx
-------------------------------------
Name Xxxx Xxxxxxx
Title Director
Fifth Amendment and Waiver to Standstill Agreement
Lenders
Centurion CDO I, Limited
By: American Express Asset Management
Group Inc. as Collateral Manager
[Print Name of Lender]
By /s/ Xxxxxx Xxxxxxxxx
-------------------------------------
Name: Xxxxxx Xxxxxxxxx
Title: Director - Operations
Fifth Amendment and Waiver to Standstill Agreement
Lenders
CERES II FINANCE LTD.
By: INVESCO Senior Secured Management,
Inc.
As Sub-Managing Agent (Financial)
By /s/ Xxxxxx Xxxxxxx
-------------------------------------
Name: Xxxxxx Xxxxxxx
Title: Authorized Signatory
Fifth Amendment and Waiver to Standstill Agreement
Lenders
CITADEL CREDIT TRADING LTD.
By: Citadel Limited Partnership,
Portfolio Manager
By: GLB Partners, L.P.,
its General Partner
By: Citadel Investement Group, L.L.C.,
its General Partner
[Print Name of Lender]
By /s/ Xxxx X. Xxxxxx
-------------------------------------
Name: XXXX X. XXXXXX
Title: Senior Managing Director &
General Counsel
Fifth Amendment and Waiver to Standstill Agreement
Lenders
CITADEL EQUITY FUND LTD.
By: Citadel Limited Partnership,
Portfolio Manager
By: GLB Partners, L.P.,
its General Partner
By: Citadel Investment Group, L.L.C.,
its General Partner
[Print Name of Lender]
By /s/ Xxxx X. Xxxxxx
-------------------------------------
Name: XXXX X. XXXXXX
Title: Senior Managing Director &
General Counsel
Fifth Amendment and Waiver to Standstill Agreement
CITIGROUP FINANCIAL PRODUCTS INC.
By /s/ Xxxxx Xxxxxx
-------------------------------------
Name: Xxxxx Xxxxxx
Title: Assistant Vice President
Fifth Amendment and Waiver to Standstill Agreement
Lenders
CREDIT INDUSTRIEL ET COMMERCIAL
By /s/ Xxxxxxx Xxxx /s/ Xxxx Xxxxxxx
----------------------- --------------------
Name: Xxxxxxx Xxxx Xxxx Xxxxxxx
Title: Vice President First Vice President
Fifth Amendment and Waiver to Standstill Agreement
Lenders
CREDIT SUISSE FIRST BOSTON
By /s/ Xxxxxx Xxxxxx /s/ Xxxxxx Xxxxxxx
----------------------- --------------------
Name: Xxxxxx Xxxxxx Xxxxxx Xxxxxxx
Title: Director Vice President
Fifth Amendment and Waiver to Standstill Agreement
Lenders
CREDIT SUISSE FIRST BOSTON INTERNATIONA
[Print Name of Lender]
By /s/ Illegible
-------------------------------------
Name:
Title:
Lenders
DEUTSCHE BANK AG, NEW YORK BRANCH
By: DB Services New Jersey, Inc.
By: /s/ Xxxxxxx X'Xxxxxx
------------------------------------
Name: Xxxxxxx X'Xxxxxx
Title: Vice President
By: /s/ Xxxxxxxx X. Xxxxx
------------------------------------
Name: Xxxxxxxx X. Xxxxx
Title: Vice President
Fifth Amendment and Waiver to Standstill Agreement
Lenders
GSC RECOVERY II, L.P. GSC RECOVERY IIA, L.P.
By: GSC Recovery II GP, L.P., By: GSC Recovery IIA GP, L.P.,
its general partner its general partner
By: GSC RII, LLC, By: GSC RIIA, LLC,
its general partner its general partner
By: GSCP (NJ) Holdings, L.P., By: GSCP (NJ) Holdings, L.P.,
its sole member its sole member
By: GSCP (NJ), Inc. By: GSCP (NJ), Inc.
its general partner its general partner
By: /s/ Xxxxxxx Xxxxxxx By: /s/ Xxxxxxx Xxxxxxx
------------------------- --------------------------
Name: Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx
Title: Managing Director Title: Managing Director
Fifth Amendment and Waiver to Standstill Agreement
KZH CYPRESSTREE-1 LLC
By /s/ Hi Hua
-------------------------------------
Name: HI HUA
Title: AUTHORIZED AGENT
Fifth Amendment and Waiver to Standstill Agreement
KZH ING-2 LLC
By /s/ Hi Hua
-------------------------------------
Name: HI HUA
Title: AUTHORIZED AGENT
Fifth Amendment and Waiver to Standstill Agreement
KZH STERLING LLC
By /s/ Hi Hua
-------------------------------------
Name: HI HUA
Title: AUTHORIZED AGENT
Fifth Amendment and Waiver to Standstill Agreement
KZH WATERSLIDE LLC
By /s/ Hi Hua
-------------------------------------
Name: HI HUA
Title: AUTHORIZED AGENT
Fifth Amendment and Waiver to Standstill Agreement
Lenders
Xxxxxx Commercial Paper Inc.
[Print Name of Lender]
By /s/ Xxxxx X. Xxxxxx
-------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Authorized Signatory
Fifth Amendment and Waiver to Standstill Agreement
Lenders
XXXXXX XXXXXXX EMERGING MARKETS INC.
By /s/ Xxxxx X. Xxxxxxxxx
-------------------------------------
Name: XXXXX X. XXXXXXXXX
Title: Vice President
Fifth Amendment and Waiver to Standstill Agreement
Lenders
R/2/ Top Hat, Ltd.
By: ___________, L.P.,
as Investment Manager
By: _______ Holdings, Inc.,
its general partner
[Print Name of Lender]
By /s/ Xxxxxx XxXxxxxxx
-------------------------------------
Name: Xxxxxx Xxxxxxxxx
Title: Vice President
Fifth Amendment and Waiver to Standstill Agreement
Lenders
SILVER OAK CAPITAL, LLC
[Print Name of Lender]
By /s/ Illegible
-------------------------------------
Name: Illegible
Title: MANAGING DIRECTOR
Fifth Amendment and Waiver to Standstill Agreement
Lenders
Smoky River CDO, L.P.,
By RBC Leveraged Capital as
Portfolio Advisor
By: /s/ Xxxxxxx Xxxxxx
------------------------------------
Name: Xxxxxxx Xxxxxx
Title: Partner - Attorney ______
Fifth Amendment and Waiver to Standstill Agreement
Lenders
TRS 1 UC
[Print Name of Lender]
By Xxxxxxx X'Xxxxxx
-------------------------------------
Name: Xxxxxxx X'Xxxxxx
Title: Vice President
Fifth Amendment and Waiver to Standstill Agreement
Lenders
UBS AG, Stamford Branch
[Print Name of Lender]
By /s/ Xxxxxxxx X. Xxxxxx
-------------------------------------
Name: Xxxxxxxx X. Xxxxxx
Title: Associate Director
Banking Products Services, __
/s/ Xxxxxx X. Xxxxxxxx
-------------------------------------
Xxxxxx X. Xxxxxxxx
Associate Director
Banking Products Services, US
Fifth Amendment and Waiver to Standstill Agreement
