Language Line, Inc., as Borrower, Language Line Holdings, Inc., The Subsidiary Guarantors Party Hereto and The Lenders Named HereinCredit Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • New York
CREDIT AGREEMENT, dated as of June 11, 2004, among Language Line, Inc., a Delaware corporation, as Borrower, Language Line Acquisition, Inc., to be renamed Language Line Holdings, Inc. immediately following the Merger (as defined herein) (“Holdings”), the Subsidiary Guarantors party hereto, the several lenders from time to time party hereto (the “Lenders”), Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Banc of America Securities LLC as Joint Lead Arrangers and Joint Book-Runners (together and in such capacity, the “Arrangers”), Bank of America, N.A. as Syndication Agent (in such capacity, the “Syndication Agent”), National City Bank, as Documentation Agent and Merrill Lynch Capital Corporation as Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”).
REGISTRATION RIGHTS AGREEMENT Dated as of June 11, 2004 by and among LANGUAGE LINE ACQUISITION, INC. and MERRILL LYNCH & CO., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED and BANC OF AMERICA SECURITIES LLC as Representatives of the Initial...Registration Rights Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • New York
This Agreement is made pursuant to the Purchase Agreement dated as of June 3, 2004 by and among the Company and the Initial Purchasers (the “Purchase Agreement”), which provides for, among other things, the sale by the Company to the Initial Purchasers of an aggregate of $108,993,000 principal amount at maturity of the Company’s 14-1/8% Senior Discount Notes due 2013 (the “Notes”) as described in the Purchase Agreement. In order to induce the Initial Purchasers to enter into the Purchase Agreement, the Company has agreed to provide to the Initial Purchasers and their direct and indirect transferees the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement.
INCENTIVE UNIT AGREEMENTIncentive Unit Agreement • November 12th, 2004 • Language Line Holdings, Inc. • Communications services, nec • Delaware
This INCENTIVE UNIT AGREEMENT (this “Agreement”) is made as of July 14, 2004 by and among Language Line Holdings, LLC, a Delaware limited liability company (the “Company”), and James Moore (the “Holder”). Capitalized terms that are used and not defined elsewhere in this Agreement are defined in Section 10.
SECURITY AGREEMENT By LANGUAGE LINE, INC., as Borrower and LANGUAGE LINE HOLDINGS, INC. and THE SUBSIDIARY GUARANTORS PARTY HERETO and MERRILL LYNCH CAPITAL CORPORATION, as Administrative AgentSecurity Agreement • September 2nd, 2004 • Language Line Holdings, Inc.
SECURITY AGREEMENT dated as of June 11, 2004 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, the “Agreement”) made by Language Line, Inc., a Delaware corporation (the “Borrower”), Language Line Holdings, Inc., a Delaware corporation (“Holdings”) and THE SUBSIDIARY GUARANTORS LISTED ON THE SIGNATURE PAGES HERETO (the “Original Subsidiary Guarantors”) OR FROM TIME TO TIME PARTY HERETO BY EXECUTION OF A JOINDER AGREEMENT (the “Additional Subsidiary Guarantors,” and together with the Original Subsidiary Guarantors and Holdings the “Guarantors”), as pledgors, assignors and debtors (the Borrower, together with the Guarantors, in such capacities and together with any successors in such capacities, the “Pledgors,” and each, a “Pledgor”), in favor of Merrill Lynch Capital Corporation, in its capacity as Administrative Agent pursuant to the Credit Agreement (as hereinafter defined), as pledgee, assignee and secured
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • New York
This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made as of June 11, 2004, by and among Language Line Holdings, LLC, a Delaware limited liability company (the “Company”), and the members of the Company signatory hereto or signatory to a joinder in the form attached hereto as Exhibit A (collectively, the “Investors”). Capitalized terms used herein but not otherwise defined in this Agreement are defined in Section 9.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • Delaware
This EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made as of June 11, 2004 (the “Effective Date”) by and between Language Line, Inc., a Delaware corporation (the “Company”), and Matthew Gibbs (“Executive”).
AGREEMENT AND PLAN OF MERGER BY AND AMONG LANGUAGE LINE HOLDINGS, INC., LANGUAGE LINE ACQUISITION, INC., and LANGUAGE LINE, INC. DATED AS OF APRIL 14, 2004Agreement and Plan of Merger • September 2nd, 2004 • Language Line Holdings, Inc. • Delaware
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) is entered into this 14th day of April 2004, by and among LANGUAGE LINE HOLDINGS, INC., a Delaware corporation (the “Company”), LANGUAGE LINE ACQUISITION, INC., a Delaware corporation (the “Acquiror”), and LANGUAGE LINE, INC., a Delaware corporation (the “Merger Sub”).
AMENDED AND RESTATED UNIT PLEDGE AGREEMENTAmended and Restated Unit Pledge Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • California
THIS AMENDED AND RESTATED UNIT PLEDGE AGREEMENT (the “Agreement”) is made and entered into this 11th day of June 2004, by and between LANGUAGE LINE, INC., a Delaware corporation (“Secured Party”), and MATTHEW T. GIBBS, II and KATHY GIBBS (collectively, “Borrower”) and amends and restates the Stock Pledge Agreement dated 17 June 2002, (the “Prior Pledge”) by and between Language Line, LLC, a predecessor of the Secured Party (“Language Line”) and the Borrower, and the Prior Pledge is hereby amended and replaced in its entirety with this Agreement.
NONCOMPETITION AND NONSOLICITATION AGREEMENTNoncompetition and Nonsolicitation Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • Delaware
This NONCOMPETITION and NONSOLICITATION AGREEMENT (this “Agreement”), made as of the 11th day of June, 2004, by and among Language Line, Inc., a Delaware corporation (the “Company”), Language Line Acquisition, Inc., a Delaware corporation (the “Acquiror”), and Dennis Dracup (“Seller”).
INVESTOR SECURITIES PURCHASE AGREEMENTInvestor Securities Purchase Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • New York
This INVESTOR SECURITIES PURCHASE AGREEMENT (this “Agreement”) is entered into as of June 11, 2004 by and among Language Line Holdings, LLC, a Delaware limited liability company (the “Company”), and the Persons listed on Schedule A attached hereto (collectively, the “Investors”). Capitalized terms used and not otherwise defined herein shall have the meanings given to those terms in Section 5 below.
GUARANTEE By Language Line Holdings, Inc. in favor of Merrill Lynch Capital Corporation as Administrative AgentGuarantee • September 2nd, 2004 • Language Line Holdings, Inc. • New York
THIS GUARANTEE (as amended, restated, supplemented or otherwise modified from time to time, (this “Guarantee”), dated as of June 11, 2004 by Language Line Holdings, Inc., a Delaware corporation (“Holdings”), in favor of Merrill Lynch Capital Corporation, in its capacity as Administrative Agent for the Lenders from time to time party to the Credit Agreement to guarantee the payment and performance of all of the Obligations of each Credit Party.
Language Line Holdings, LLC One Lower Ragsdale Drive Monterey, CA 93940 Phone 831.648.5811Language Line Holdings, Inc. • December 11th, 2006 • Communications services, nec • New York
Reference is made to the Incentive Unit Agreement between you and Language Line Holdings, LLC (“Holdings”), dated July 12, 2004 and March 21, 2006 (the “Agreement”). Reference is also made to the fact that you have notified Language Line Services of your intended resignation effective December 18, 2006.
LANGUAGE LINE HOLDINGS, LLC SECURITIES PURCHASE AGREEMENT for the purchase of SERIES A PREFERRED UNITS and CLASS D COMMON UNITS Dated as of June 11, 2004Securities Purchase Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • New York
The undersigned, Language Line Holdings, LLC, a Delaware limited liability company (herein called the “Company”), hereby agrees with the purchasers named in the Purchaser Schedule (the “Purchaser Schedule”) attached hereto (herein, collectively, called the “Purchasers”) as set forth below. Reference is made to Paragraph 10 hereof for definitions of capitalized terms used herein and not otherwise defined herein.
AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • December 29th, 2008 • Language Line Holdings, Inc. • Communications services, nec
This Amendment to the Executive Employment Agreement (this “Amendment”) is made as of December 23, 2008 by and between Language Line, Inc., a Delaware corporation (the “Company”), and Dennis Dracup (“Executive”) and amends the Executive Employment Agreement between the Company and the Executive dated as of June 11, 2004, as amended March 23, 2006 (as amended, the “Employment Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Employment Agreement.
INCENTIVE UNIT AGREEMENTIncentive Unit Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • Delaware
This INCENTIVE UNIT AGREEMENT (this “Agreement”) is made as of June 11, 2004 by and among Language Line Holdings, LLC, a Delaware limited liability company (the “Company”), and Matthew Gibbs (“Executive”).
LANGUAGE LINE ACQUISITION, INC. (to be renamed LANGUAGE LINE HOLDINGS, INC.), as Issuer and THE BANK OF NEW YORK, as TrusteeIndenture • September 2nd, 2004 • Language Line Holdings, Inc. • New York
INDENTURE, dated as of June 11, 2004, among LANGUAGE LINE ACQUISITION, INC., a Delaware corporation (to be renamed LANGUAGE LINE HOLDINGS, INC.) (the “Company”) and The Bank of New York, a New York banking corporation as trustee (the “Trustee”).
RELEASERelease • December 11th, 2006 • Language Line Holdings, Inc. • Communications services, nec • New York
THIS RELEASE (this “Release”) is made as of this 8th day of December, 2006, by and between Language Line, Inc., a Delaware corporation (the “Company”) and Mathew Gibbs (“Executive”).
INCENTIVE UNIT AGREEMENTIncentive Unit Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • Delaware
This INCENTIVE UNIT AGREEMENT (this “Agreement”) is made as of June 11, 2004 by and among Language Line Holdings, LLC, a Delaware limited liability company (the “Company”), the trust created pursuant to the Dennis G. Dracup Declaration of Trust dated 01/19/1999 (the “DGD Trust”) and the trust created pursuant to the Christine L. Dracup Declaration of Trust dated 01/19/1999 (the “CLG Trust” and, together with the DGD Trust, the “Trusts”).
Trademark Security AgreementTrademark Security Agreement • September 2nd, 2004 • Language Line Holdings, Inc.
Trademark Security Agreement, dated as of June 11, 2004, by Language Line, Inc. (the “Borrower”) and each Guarantor listed on Schedule II hereto (collectively, the “Original Guarantors,” together with the Borrower, the “Pledgors”), in favor of Merrill Lynch Capital Corporation, in its capacity as Administrative Agent pursuant to the Credit Agreement (in such capacity, the “Administrative Agent”).
LANGUAGE LINE ACQUISITION, INC. (a Delaware corporation, to be renamed LANGUAGE LINE HOLDINGS, INC.) 14-1/8% Senior Discount Notes due 2013 PURCHASE AGREEMENTPurchase Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • New York
Language Line Acquisition, Inc., a Delaware corporation (the “Company”), confirms its agreement with Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) and each of the other Initial Purchasers named in Schedule A hereto (collectively, the “Initial Purchasers”, which term shall also include any initial purchaser substituted as hereinafter provided in Section 11 hereof), for whom Merrill Lynch is acting as representative (in such capacity, the “Representative”), with respect to the issue and sale by the Company and the purchase by the Initial Purchasers, acting severally and not jointly, of the respective principal amounts at maturity set forth in said Schedule A of $108,993,000 aggregate principal amount at maturity of the Company’s 14-1/8% Senior Discount Notes due 2013 (the “Notes”). The Notes are to be issued pursuant to an indenture (the “Indenture”) dated as of June 11, 2004 (the “Issue Date”) between the Company and The Bank of New York, as t
Amendment to the Deed of Trust and Assignment of RentsLanguage Line Holdings, Inc. • September 2nd, 2004
THIS AMENDMENT TO THE DEED OF TRUST AND ASSIGNMENT OF RENTS (the “Amendment”) is made and entered into this 11th day of June, 2004 by and between Dennis G. Dracup and Christine L. Dracup, husband and wife, as community property with right of survivorship, whose address is 25430 Via Cicindela, Carmel, CA 93923 (“Trustor”), in favor of Old Republic Title Company (“Republic”), as trustee, in trust for the benefit of Language Line, Inc., a Delaware corporation (“LL Inc.”), as successor in interest to Language Line, LLC, a Delaware limited liability company (“LLC”).
Language Line Holdings, LLC One Lower Ragsdale Drive Monterey, CA 93940 Phone 831.648.5811Language Line Holdings, Inc. • June 15th, 2007 • Communications services, nec • New York
Reference is made to the Incentive Unit Agreements between you and Language Line Holdings, LLC (“Holdings”), dated November 2004, March 21, 2006 and December 12, 2006 (the “Agreement”). Reference is also made to the fact that you have notified Language Line Services of your intended resignation effective June 15, 2007.
JOINDER AGREEMENTJoinder Agreement • September 2nd, 2004 • Language Line Holdings, Inc. • New York
Reference is hereby made to the Purchase Agreement, dated June 3, 2004 (the “Purchase Agreement”), between Language Line, Inc. (the “Company”) and the Initial Purchasers named therein, and the Registration Rights Agreement, dated the date hereof (the “Registration Rights Agreement” and together with the Purchase Agreement, the “Agreements”) between the Company and the Initial Purchasers named therein. Unless otherwise defined herein, terms defined in the Purchase Agreement and used herein shall have the meanings given them in the Purchase Agreement.
INTERCOMPANY SERVICES AGREEMENTIntercompany Services Agreement • April 12th, 2006 • Language Line Holdings, Inc. • Communications services, nec
This Intercompany Services Agreement (this “Agreement”) is entered into as of 19 January 2006 between Language Line, LLC, a Delaware limited liability company, on behalf of itself and its subsidiaries (collectively, “LL US”), and Language Line Ltd, a limited company formed under the laws of the England and Wales (“LL UK” and, together with LL US, the “Parties”).
