Amendment to Section 10.4 of U.S. Credit Agreement. In reliance on the representations and warranties of the U.S. Borrower and the Canadian Borrower contained herein, and subject to the terms, and satisfaction of the conditions precedent, set forth in Section VIII hereof, Section 10.4 of the U.S. Credit Agreement shall be amended effective as of the Effective Date to (a) delete the reference to “U.S.$5,000,000” set forth in clause (b)(iii) of Section 10.4 of the U.S. Credit Agreement and replace it with “U.S.$2,500,000 unless each of the Borrower (unless an Event of Default has occurred and is continuing) and the Global Administrative Agent otherwise consent”, (b) delete the reference to “U.S.$5,000,000” set forth in clause (b)(vii) of Section 10.4 of the U.S. Credit Agreement and replace it with “U.S.$2,500,000”, and (c) insert “(unless an Event of Default has occurred and is continuing)” after the reference to “Borrower” in clause (b)(vii) of Section 10.4 of the U.S. Credit Agreement.
