Common use of Counterparts; Effective Date Clause in Contracts

Counterparts; Effective Date. This Amendment may be signed in counterparts. This Amendment shall become effective when (i) it has been executed by the Borrower, the Banks, the Additional Banks and the Agents; (ii) the Additional Banks have delivered the Joinders and signature pages to the Credit Agreement to the Agent and the Joinders have been acknowledged and accepted by the Borrower and the Banks, (iii) the Borrower has executed and delivered new Revolving Credit Notes and Supplemental Swing Loan Notes to the Banks and Additional Banks in the amounts of the Revolving Credit Commitments and Supplemental Swing Loan Commitments respectively applicable to each Bank and Additional Bank, as set forth on Schedule 1; and (iv) Borrower has paid to the Agent for the account of each Additional Bank the Closing Fee provided in Section 2.8 of the Credit Agreement. The undersigned have executed this Amendment as of the date first written above. EDUCATION MANAGEMENT CORPORATION By: /s/ Robexx X. XxXxxxxx ------------------------------- Name: Robexx X. XxXxxxxx Title: Executive Vice President and CFO NATIONAL CITY BANK OF PENNSYLVANIA, in its capacity as a Bank, as the Issuing Bank and as the Agent By: /s/ Vincx X. Xxxxx, Xx. --------------------------------------- Name: Vincx X. Xxxxx, Xx. ------------------------------------- Title: Vice President and Regional Manager ------------------------------------ FIRST UNION NATIONAL BANK, in its capacity as a Bank and as Co-Agent By: /s/ Karl X. Xxxxxxx --------------------------------------- Name: Karl X. Xxxxxxx ------------------------------------- Title: Vice President ------------------------------------ [SIGNATURE PAGE 2 OF 2 TO FIRST AMENDMENT TO CREDIT AGREEMENT] BANK ONE, MICHIGAN By: /s/ Richxxx X. Xxxxxxx ------------------------------------ Name: Richxxx X. Xxxxxxx ---------------------------------- Title: First Vice President --------------------------------- CHASE MANHATTAN BANK By: /s/ John Xxxxxx ------------------------------------ Name: John Xxxxxx ---------------------------------- Title: Vice President --------------------------------- SUNTRUST BANK By: /s/ Alan X. Xxxxxx ------------------------------------ Name: Alan X. Xxxxxx ---------------------------------- Title: Managing Director --------------------------------- SCHEDULE 1 COMMITMENT OF BANKS REVOLVING CREDIT SUPPLEMENTAL SWING COMMITMENT BANK COMMITMENT LOAN COMMITMENT PERCENTAGE ---- ---------- --------------- ---------- National City Bank of Pennsylvania $30,000,000 $7,500,000 30% First Union National Bank $25,000,000 6,250,000 25% Bank One, Michigan $20,000,000 5,000,000 20% Chase Manhattan Bank $10,000,000 2,500,000 10% SunTrust Bank $15,000,000 3,750,000 15% ----------- ---------- --- Total $100,000,00 $25,000,000 100% =========== =========== ====

Counterparts; Effective Date. This Amendment may be signed by telecopy or original in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Amendment shall become effective when (i) it has been executed by the Borrower, the Banks, the Additional Banks and the Agents; (ii) the Additional Banks have delivered the Joinders and signature pages to the Credit Agreement to the Agent and the Joinders have been acknowledged and accepted by the Borrower and the Banks, (iii) the Borrower has executed and delivered new Revolving Credit Notes and Supplemental Swing Loan Notes to the Banks and Additional Banks in the amounts of the Revolving Credit Commitments and Supplemental Swing Loan Commitments respectively applicable to each Bank and Additional Bank, as set forth on Schedule 1; and (iv) Borrower has paid to the Agent for the account of each Additional Bank the Closing Fee provided in Section 2.8 of the Credit Agreement. The undersigned have executed this Amendment as of the date first above written aboveupon its execution and delivery by the Borrowers and the Required Lenders and payment of the amendment fee required under Section 6 hereof. EDUCATION MANAGEMENT CORPORATION By[SIGNATURE PAGES FOLLOW] Intending to be legally bound, each of the parties has signed this First Amendment to Revolving Credit and Security Agreement as of the day and year first above written. ATTEST: /s/ Robexx X. XxXxxxxx ------------------------------- L. B. FOSTER COMPANY By:/s/David J. Russo [Xxxx] ------------------------------ ------------------------------------------ Name:David J. Russo Title:Senior V.P. and CFO ATTEST: Robexx X. XxXxxxxx CXT INCORPORATED By:/s/David J. Russo [Xxxx] ------------------------------ ------------------------------------------ Name:David J. Russo ------------------------------------------ Title:V.P. and CFO ------------------------------------------ ATTEST: Executive NATMAYA, INC. By:/s/Judith J. Scarborough [Xxxx] ------------------------------ ------------------------------------------ Name:Judith J. Scarborough ------------------------------------------ Title:President ------------------------------------------ ATTEST: FOSTER TECHNOLOGIES INC. By:/s/David J. Russo [Xxxx] ------------------------------ ------------------------------------------ Name:David J. Russo ------------------------------------------ Title:V.P. and CFO ------------------------------------------ ATTEST: FOSMART, INC. By:/s/Judith J. Scarborough [Xxxx] ------------------------------ ------------------------------------------ Name:Judith J. Scarborough ------------------------------------------ Title:President ------------------------------------------ PNC BANK, NATIONAL ASSOCIATION, a national banking association, as Lender and as Agent By:/s/James M. Steffy ---------------------------------------- Name:James M. Steffy ---------------------------------------- Title:Vice President and CFO ---------------------------------------- LASALLE BANK NATIONAL CITY BANK OF PENNSYLVANIA, in its capacity as a Bank, as the Issuing Bank and as the Agent By: /s/ Vincx X. Xxxxx, Xx. --------------------------------------- ASSOCIATION By:/s/Robert W. Hart ---------------------------------------- Name: Vincx X. Xxxxx, Xx. ------------------------------------- :Robert W. Hart ---------------------------------------- Title: Vice President and Regional Manager ------------------------------------ FIRST UNION NATIONAL BANK, in its capacity as a Bank and as Co-Agent By: /s/ Karl X. Xxxxxxx --------------------------------------- Name: Karl X. Xxxxxxx ------------------------------------- Title: Vice President ------------------------------------ [SIGNATURE PAGE 2 OF 2 TO FIRST AMENDMENT TO CREDIT AGREEMENT] BANK ONE, MICHIGAN By: /s/ Richxxx X. Xxxxxxx ------------------------------------ Name: Richxxx X. Xxxxxxx ---------------------------------- Title: :First Vice President --------------------------------- CHASE MANHATTAN BANK By: /s/ John Xxxxxx ------------------------------------ Name: John Xxxxxx ---------------------------------- Title: Vice President --------------------------------- SUNTRUST BANK By: /s/ Alan X. Xxxxxx ------------------------------------ Name: Alan X. Xxxxxx ---------------------------------- Title: Managing Director --------------------------------- SCHEDULE 1 COMMITMENT OF BANKS REVOLVING CREDIT SUPPLEMENTAL SWING COMMITMENT BANK COMMITMENT LOAN COMMITMENT PERCENTAGE ---- ---------- --------------- ---------- National City Bank of Pennsylvania $30,000,000 $7,500,000 30% First Union National Bank $25,000,000 6,250,000 25% Bank One, Michigan $20,000,000 5,000,000 20% Chase Manhattan Bank $10,000,000 2,500,000 10% SunTrust Bank $15,000,000 3,750,000 15% ----------- ---------- --- Total $100,000,00 $25,000,000 100% =========== =========== ====---------------------------------------- FIRST COMMONWEALTH BANK

Counterparts; Effective Date. This Amendment may be signed by telecopy or original in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Amendment shall become effective when (i) it has been executed by the Borrower, the Banks, the Additional Banks and the Agents; (ii) the Additional Banks have delivered the Joinders and signature pages to the Credit Agreement to the Agent and the Joinders have been acknowledged and accepted by the Borrower and the Banks, (iii) the Borrower has executed and delivered new Revolving Credit Notes and Supplemental Swing Loan Notes to the Banks and Additional Banks in the amounts of the Revolving Credit Commitments and Supplemental Swing Loan Commitments respectively applicable to each Bank and Additional Bank, as set forth on Schedule 1; and (iv) Borrower has paid to the Agent for the account of each Additional Bank the Closing Fee provided in Section 2.8 of the Credit Agreement. The undersigned have executed this Amendment as of the date first above written aboveupon its execution and delivery by the Borrowers and the Lenders. EDUCATION MANAGEMENT CORPORATION Intending to be legally bound, each of the parties has signed this Third Amendment to Revolving Credit and Security Agreement as of the day and year first above written. ATTEST: L. B. FOSTER COMPANY By: /s/ Robexx Daxxx X. XxXxxxxx ------------------------------- Xxxxx [Seal] -------------------------- ------------------------------------------- Name: Robexx X. XxXxxxxx David J. Russo ----------------------------------------- Title: Executive Senior Vice President and CFO NATIONAL CITY BANK OF PENNSYLVANIA, in its capacity as a Bank, as the Issuing Bank and as the Agent --------------------------------------- ATTEST: CXT INCORPORATED By: /s/ Vincx X. Xxxxx, Xx. --------------------------------------- David J. Russo [Seal] -------------------------- ------------------------------------------- Name: Vincx X. XxxxxDavid J. Russo ----------------------------------------- Title: Senior Vice President and CFO ---------------------------------------- ATTEST: NATMAYA, XxINC. ------------------------------------- By: /s/ Judith J. Scarborough [Seal] -------------------------- ----------------------------------------- Name: Judith J. Scarborough ----------------------------------------- Title: President ---------------------------------------- ATTEST: FOSMART, INC. By: /s/ Judith J. Scarborough [Seal] -------------------------- -------------------------------------------- Name: Judith J. Scarborough ---------------------------------------- Title: President --------------------------------------- PNC BANK, NATIONAL ASSOCIATION, a national banking association, as Lender and as Agent By:/s/ James M. Steffy ----------------------------------- Name: James M. Steffy ----------------------------------- Title: Vice President and Regional Manager ------------------------------------ FIRST UNION ---------------------------------- LASALLE BANK NATIONAL BANK, in its capacity as a Bank and as Co-Agent By: /s/ Karl X. Xxxxxxx --------------------------------------- Name: Karl X. Xxxxxxx ------------------------------------- Title: Vice President ------------------------------------ [SIGNATURE PAGE 2 OF 2 TO FIRST AMENDMENT TO CREDIT AGREEMENT] BANK ONE, MICHIGAN By: /s/ Richxxx X. Xxxxxxx ASSOCIATION By:/s/ Robert W. Hart ------------------------------------ Name: Richxxx X. Xxxxxxx :Robert W. Hart ---------------------------------- Title: First :Senior Vice President --------------------------------- CHASE MANHATTAN BANK By: /s/ John Xxxxxx ------------------------------------ Name: John Xxxxxx ---------------------------------- Title: Vice President --------------------------------- SUNTRUST BANK By: /s/ Alan X. Xxxxxx ------------------------------------ Name: Alan X. Xxxxxx ---------------------------------- Title: Managing Director --------------------------------- SCHEDULE 1 COMMITMENT OF BANKS REVOLVING CREDIT SUPPLEMENTAL SWING COMMITMENT BANK COMMITMENT LOAN COMMITMENT PERCENTAGE ---- ---------- --------------- ---------- National City Bank of Pennsylvania $30,000,000 $7,500,000 30% First Union National Bank $25,000,000 6,250,000 25% Bank One, Michigan $20,000,000 5,000,000 20% Chase Manhattan Bank $10,000,000 2,500,000 10% SunTrust Bank $15,000,000 3,750,000 15% ----------- ---------- --- Total $100,000,00 $25,000,000 100% =========== =========== ====FIRST COMMONWEALTH BANK

Counterparts; Effective Date. This Amendment may be signed by telecopy or original in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Amendment shall become effective when (i) it has been executed by the Borrower, the Banks, the Additional Banks and the Agents; (ii) the Additional Banks have delivered the Joinders and signature pages to the Credit Agreement to the Agent and the Joinders have been acknowledged and accepted by the Borrower and the Banks, (iii) the Borrower has executed and delivered new Revolving Credit Notes and Supplemental Swing Loan Notes to the Banks and Additional Banks in the amounts of the Revolving Credit Commitments and Supplemental Swing Loan Commitments respectively applicable to each Bank and Additional Bank, as set forth on Schedule 1; and (iv) Borrower has paid to the Agent for the account of each Additional Bank the Closing Fee provided in Section 2.8 of the Credit Agreement. The undersigned have executed this Amendment as of the date first above written aboveupon its execution and delivery by the Borrowers and the Required Lenders and payment of the amendment fee required under Section 6 hereof. EDUCATION MANAGEMENT CORPORATION By[SIGNATURE PAGES FOLLOW] Intending to be legally bound, each of the parties has signed this Second Amendment to Revolving Credit and Security Agreement as of the day and year first above written. ATTEST: /s/ Robexx X. XxXxxxxx ------------------------------- L. B. FOSTER COMPANY By:/s/ David J. Xxxxx [Seal] --------------------- ------------------------------------------------- Name: Robexx X. XxXxxxxx David J. Russo --------------------------------------------- Title: Executive Senior Vice President and CFO -------------------------------------------- ATTEST: CXT INCORPORATED By:/s/ David J. Russo [Seal] --------------------- ------------------------------------------------- Name: David J. Russo --------------------------------------------- Title: Senior Vice President and CFO -------------------------------------------- ATTEST: NATMAYA, INC. By:/s/ Judith J. Scarborough [Seal] --------------------- ------------------------------------------------- Name: Judith J. Scarborough ----------------------------------------------- Title: President -------------------------------------------- ATTEST: FOSMART, INC. By: /s/ Judith J. Scarborough [Seal] --------------------- ------------------------------------------------- Name: Judith J. Scarborough ----------------------------------------------- Title: President ---------------------------------------------- PNC BANK, NATIONAL CITY BANK OF PENNSYLVANIAASSOCIATION, in its capacity as a Banknational banking association, as the Issuing Bank Lender and as the Agent By: /s/ Vincx X. Xxxxx, Xx. --------------------------------------- James M. Steffy --------------------------------------------- Name: Vincx X. Xxxxx, Xx. ------------------------------------- James M. Steffy ----------------------------------------- Title: Vice President and Regional Manager ------------------------------------ FIRST UNION ---------------------------------------- LASALLE BANK NATIONAL BANK, in its capacity as a Bank and as Co-Agent ASSOCIATION By: /s/ Karl X. Xxxxxxx --------------------------------------- Robert W. Hart --------------------------------------------- Name: Karl X. Xxxxxxx ------------------------------------- Robert W. Hart ------------------------------------------- Title: Senior Vice President ------------------------------------ [SIGNATURE PAGE 2 OF 2 TO ---------------------------------------- FIRST AMENDMENT TO CREDIT AGREEMENT] BANK ONE, MICHIGAN By: /s/ Richxxx X. Xxxxxxx ------------------------------------ Name: Richxxx X. Xxxxxxx ---------------------------------- Title: First Vice President --------------------------------- CHASE MANHATTAN BANK By: /s/ John Xxxxxx ------------------------------------ Name: John Xxxxxx ---------------------------------- Title: Vice President --------------------------------- SUNTRUST BANK By: /s/ Alan X. Xxxxxx ------------------------------------ Name: Alan X. Xxxxxx ---------------------------------- Title: Managing Director --------------------------------- SCHEDULE 1 COMMITMENT OF BANKS REVOLVING CREDIT SUPPLEMENTAL SWING COMMITMENT BANK COMMITMENT LOAN COMMITMENT PERCENTAGE ---- ---------- --------------- ---------- National City Bank of Pennsylvania $30,000,000 $7,500,000 30% First Union National Bank $25,000,000 6,250,000 25% Bank One, Michigan $20,000,000 5,000,000 20% Chase Manhattan Bank $10,000,000 2,500,000 10% SunTrust Bank $15,000,000 3,750,000 15% ----------- ---------- --- Total $100,000,00 $25,000,000 100% =========== =========== ====COMMONWEALTH BANK