Exhibit 10.2
CONFORMED COPY
--------------
AMENDMENT
AMENDMENT, dated as of May 1, 2002 (this "Amendment"), to the Fifth
---------
Amended and Restated Credit Agreement, dated as of November 1, 1999 (as amended,
supplemented or otherwise modified from time to time, the "Credit Agreement"),
----------------
among Aurora Foods Inc. (the "Company"), the financial institutions parties
-------
thereto (the "Lenders"), and the Agents.
-------
W I T N E S S E T H:
- - - - - - - - - -
WHEREAS, pursuant to the Credit Agreement, the Lenders have agreed to
make, and have made, certain loans and other extensions of credit to Company;
WHEREAS, Company has requested, and, upon this Amendment becoming
effective, the Lenders have agreed, that certain provisions of the Credit
Agreement be modified as set forth below;
NOW, THEREFORE, the parties hereto hereby agree as follows:
SECTION 1. Defined Terms. Terms defined in the Credit Agreement and
-------------
used herein shall have the meanings given to them in the Credit Agreement.
SECTION 2. Amendments to the Credit Agreement.
----------------------------------
(a) Amendments to Section 1.1. (i) The defined term "Consolidated
-------------------------
EBITDA" set forth in subsection 1.1 of the Credit Agreement is hereby amended by
(A) inserting the phrase "without duplication," immediately before clause (1)
thereof, (B) deleting the word "and" immediately before clause (10) thereof and
substituting "," in lieu thereof and (C) adding the following new clauses (11)
and (12) immediately after clause (10) thereof:
" (11) effective as of March 31, 2002, with respect to any period ending
March 31, 2002 and thereafter, charges as set forth on the attached
Schedule 1.1A in an amount not to exceed $20,130,000 in the aggregate and
(12) with respect to the periods ending June 30, 2002 and September 30,
2002 and thereafter, charges relating to the payment of fees and expenses
incurred in connection with the Amendment, dated as of May 1, 2002, to this
Agreement and the transactions contemplated thereby as reasonably detailed
to the Administrative Agent at the time of the delivery of the financial
statements for the periods ending June 30, 2002 and September 30, 2002."
2
(ii) Subsection 1.1 of the Credit Agreement is further amended by
deleting the existing term "Consolidated Cash Interest Expense" therefrom and
substituting in lieu thereof the following:
"Consolidated Cash Interest Expense" means, for any period, (i)
Consolidated Interest Expense payable in Cash during such period minus (ii)
-----
any bank amendment fee included in the charges described in clause
(i)(b)(11) or (12) of the definition of Consolidated EBITDA to the extent
that such charge is included in Consolidated Interest Expense for such
period.
(b) Amendments to Subsection 7.6. Subsection 7.6 of the Credit
----------------------------
Agreement is hereby amended as follows:
(i) by deleting the portion of the table appearing at the end of
subsection 7.6A of the Credit Agreement relating to the period set forth
below and substituting in lieu thereof the following:
--------------------------------------------------------------------------------
MINIMUM CONSOLIDATED
CASH INTEREST COVERAGE
TEST PERIOD RATIO
--------------------------------------------------------------------------------
4/01/02 - 6/30/02 1.53:1.00
--------------------------------------------------------------------------------
(ii) by deleting the portion of the first table appearing in
subsection 7.6B of the Credit Agreement relating to the periods set forth
below and substituting in lieu thereof the following:
--------------------------------------------------------------------------------
MAXIMUM
TEST PERIOD LEVERAGE RATIO
--------------------------------------------------------------------------------
4/01/02 - 6/30/02 6.75:1.00
--------------------------------------------------------------------------------
7/01/02 - 9/30/02 6.65:1.00
--------------------------------------------------------------------------------
(iii) by deleting the portion of the second table appearing in
subsection 7.6B of the Credit Agreement relating to the periods set forth
below and substituting in lieu thereof the following:
--------------------------------------------------------------------------------
MAXIMUM
TEST PERIOD LEVERAGE RATIO
--------------------------------------------------------------------------------
4/01/02 - 6/30/02 7.05:1.00
--------------------------------------------------------------------------------
7/01/02 - 9/30/02 6.95:1.00
--------------------------------------------------------------------------------
3
(iv) by deleting the portion of the table appearing at the end of
subsection 7.6F of the Credit Agreement relating to the periods set forth
below and substituting in lieu thereof the following:
--------------------------------------------------------------------------------
MAXIMUM SENIOR
TEST PERIOD LEVERAGE RATIO
--------------------------------------------------------------------------------
4/01/02 - 6/30/02 4.18:1.00
--------------------------------------------------------------------------------
7/01/02 - 9/30/02 4.09:1.00
--------------------------------------------------------------------------------
(c) Amendments to Schedules. The Schedules to the Credit Agreement are
-----------------------
hereby amended by adding a new Schedule 1.1A as attached to this Amendment.
SECTION 3. Additional Covenants. On or before June 15, 2002, Company
--------------------
shall (a) deliver to the Administrative Agent a revised business plan for the
Fiscal Year ending December 31, 2002, (b) make available senior management of
Company for a meeting with the Lenders to discuss the financial condition of
Company, operational changes, system improvements and timing, general market
conditions, significant management changes and other pertinent information that
could be expected to affect Company's operating or financial performance, and
(c) assist a consultant chosen by the Administrative Agent to complete a review
of the accounting systems and financial condition and operations of Company
(Company hereby further agrees to pay or reimburse the Administrative Agent for
all of its out-of-pocket costs and expenses incurred in connection with such
review, including the fees and expenses of such consultant).
SECTION 4. Conditions to Effectiveness. This Amendment shall be
---------------------------
effective (the "Effective Date") upon receipt by the Administrative Agent of (a)
--------------
this Amendment, executed and delivered by a duly authorized officer of each of
Company, the Guarantor and the Requisite Lenders and (b) an agreement, in form
and substance satisfactory to the Administrative Agent, pursuant to which the
MDC Entities, Fenway and/or UBS shall be unconditionally obligated to purchase
subordinated participations in up to $10,000,000 of Revolving Loans, which
agreement shall be terminated on the date that is 91 days after the last day of
any Fiscal Quarter on which the ratio of Consolidated Total Senior Debt as of
such last day of such Fiscal Quarter to Consolidated EBITDA for the four-Fiscal
Quarter period ending on such last day does not exceed 3.75:1.00; provided that
--------
no Event of Default or Potential Event of Default described in Section 8.6, 8.7
or 8.9 of the Credit Agreement has occurred and is continuing.
SECTION 5. Representations and Warranties. To induce the Lenders
------------------------------
parties hereto to enter into this Amendment, Company hereby represents and
warrants to the Administrative Agent and all of the Lenders that (i) the
representations and warranties made by Company 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 and (ii) after giving effect to this Amendment, no Event of Default or
Potential Event of Default shall have occurred and be continuing.
4
SECTION 6. Effect on the Loan Documents. (a) Except as specifically
----------------------------
waived above, the Credit Agreement and all other Loan Documents shall continue
to be in full force and effect and are hereby in all respects ratified and
confirmed.
(b) The execution, delivery and effectiveness of this Amendment,
except as expressly provided herein, shall not operate as a waiver of any right,
power or remedy of any Lender or the Administrative Agent under any of the Loan
Documents, nor constitute a waiver of any provision of any of the Loan
Documents.
SECTION 7. Fee. Company shall pay to each Lender that executes and
---
delivers this Amendment prior to 5:00 p.m., New York City time, May 1, 2002, a
fee equal to 0.125% of the sum of such Lender's (a) Revolving Credit Commitment,
(b) outstanding Tranche A Term Loans and (c) outstanding Tranche B Term Loans,
such fee to be earned as of the Effective Date and payable no later than May 2,
2002.
SECTION 8. Costs, Expenses and Taxes. Company agrees to pay on demand
-------------------------
all actual and reasonable and documented out-of-pocket costs and expenses of the
Administrative Agent in connection with the preparation, execution, delivery,
administration, modification and amendment of this Amendment and the other
instruments and documents to be delivered thereunder and hereunder, including,
without limitation, the reasonable and documented fees and out-of-pocket
expenses of counsel for the Administrative Agent (including allocated costs of
internal counsel) with respect thereto and with respect to advising the
Administrative Agent as to its rights and responsibilities hereunder and
thereunder. Company further agrees to pay on demand all costs and expenses of
the Administrative Agent and each of the Lenders, if any (including, without
limitation, counsel fees and expenses), in connection with the enforcement
(whether through negotiations, legal proceedings or otherwise) of this Amendment
and the other instruments and documents to be delivered hereunder, including,
without limitation, reasonable counsel fees and expenses (including allocated
costs of internal counsel) in connection with the enforcement of rights under
this Section 8.
SECTION 9. Affirmation of Subsidiary Guaranty, Pledge Agreement and
--------------------------------------------------------
Credit Agreement. The Guarantor hereby consents to the modification of the
----------------
Credit Agreement contemplated hereby and each of Company and the Guarantor
hereby acknowledge and agree that the guarantees contained in the Subsidiary
Guaranty, the pledge of stock contained in the Pledge Agreement and the
obligations contained in the Credit Agreement as modified hereby are, and shall
remain, in full force and effect.
SECTION 10. 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 11. Execution in Counterparts. This Amendment may be executed
--------------------------
by one or more of the parties hereto on any number of separate counterparts, and
all of said counterparts taken together shall be deemed to constitute one and
the same instrument. Any
5
executed counterpart delivered by facsimile transmission shall be effective as
for all purposes hereof. A set of the copies of this Amendment signed by all the
parties shall be lodged with Company and the Administrative Agent.
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.
AURORA FOODS INC.
By: /s/ Xxxxxxx X. XxXxxxxxx
---------------------------------------------
Name: Xxxxxxx X. XxXxxxxxx
Title: EVP & CFO
SEA COAST FOODS, INC.
By: /s/ Xxxxxxx X. XxXxxxxxx
---------------------------------------------
Name: Xxxxxxx X. XxXxxxxxx
Title: CFO & Secretary
JPMORGAN CHASE BANK,
as Administrative Agent and as a Lender
By: /s/ Xxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President
ALLIANCE CAPITAL MANAGEMENT L.P., as
Manager on behalf of ALLIANCE CAPITAL
FUNDING, L.L.C., as Assignee
By: Alliance Capital Management Corporation,
General Partner of Alliance Capital Management
L.P.
By: /s/ Xxxx Xxxxxxxxxxx
---------------------------------------------
Name: Xxxx Xxxxxxxxxxx
Title: Senior Vice President
ALLSTATE LIFE INSURANCE COMPANY
By: /s/ Xxxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Authorized Signatory
By: /s/ Xxxxx Xxxxxxx
---------------------------------------------
Name: Xxxxx Xxxxxxx
Title: Authorized Signatory
AMERICAN EXPRESS CERTIFICATE
COMPANY
By: American Express Asset Management Group
Inc. as Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
APEX (IDM) CDO I, LTD.
By: Institutional Debt Management, Inc.,
as Collateral Manager
By: /s/ Xxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxx
Title: Vice President
ARCHIMEDES FUNDING, LLC.
By: ING Capital Advisors LLC, as Collateral
Manager
By: /s/ Xxxxx X. Xxxx
---------------------------------------------
Name: Xxxxx X. Xxxx
Title: Senior Vice President
ARCHIMEDES FUNDING III, LTD.
By: ING Capital Advisors LLC, as Collateral
Manager
By: /s/ Xxxxx X. Xxxx
---------------------------------------------
Name: Xxxxx X. Xxxx
Title: Senior Vice President
ARES LEVERAGED INVESTMENT FUND II, L.P.
By: ARES Management II, L.P. its General
Partner
By: /s/ Xxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxxx
Title: Vice President
ARES III CLO LTD.
By: ARES CLO Management, LLC its Investment
Partner
By: /s/ Xxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxxx
Title: Vice President
ARES IV CLO LTD.
By: ARES CLO Management IV, L.P. its
Investment Partner
By: ARES CLO XX XX, LLC its Managing
Manager
By: /s/ Xxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxxx
Title: Vice President
ARES V CLO LTD.
By: ARES CLO Management V, L.P. its Investment
Manager
By: ARES CLO GP V, LLC its Managing Manager
By: /s/ Xxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxxx
Title: Vice President
BALANCED HIGH-YIELD FUND I, LTD.
By: ING Capital Advisors LLC, as Asset Manager
By: /s/ Xxxxx X. Xxxx
---------------------------------------------
Name: Xxxxx X. Xxxx
Title: Senior Vice President
BALANCED HIGH-YIELD FUND II, LTD.
By: ING Capital Advisors LLC, as Asset Manager
By: /s/ Xxxxx X. Xxxx
---------------------------------------------
Name: Xxxxx X. Xxxx
Title: Senior Vice President
BANCO ESPIRITO SANTO, S.A., NASSAU
BRANCH
By: /s/ Xxxxx X. Xxxx
---------------------------------------------
Name: Xxxxx X. Xxxx
Title: Senior Vice President
By: /s/ Xxxxxx X. Xxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxx
Title: Vice President
BANK OF AMERICA, N.A.
By: /s/ Xxxxx X. Xxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Assistant Vice President
BAYERISCHE HYPO-UND VEREINSBANK AG
NEW YORK BRANCH
By: /s/ Xxxxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxxxx Xxxxxx
Title: Director
By: /s/ Xxxxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Managing Director
BNP PARIBAS
By: /s/ Xxxxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxxxx Xxxxxx
Title: Vice President
By: /s/ Xxxxx X. Xxxxxxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Director
CALLIDUS DEBT PARTNERS CDO FUND I,
LTD
By: Callidus Capital Management, LLC as
Collateral Manager
By: /s/ Xxxxx Xxxxxxx
---------------------------------------------
Name: Xxxxx Xxxxxxx
Title: Managing Director
CENTURION CDO II, LTD.
By: American Express Asset Management Group
Inc. as Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
CENTURION CDO III, LIMITED.
By: American Express Asset Management Group
Inc. as Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
CLYDESDALE CLO 2001-1, LTD.
By: Nomura Corporate Research and Asset
Management Inc. as Collateral Manager
By: /s/ Xxxxxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Director
CONTINENTAL CASUALTY COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx
---------------------------------------------
Name: Xxxxxxx X. Xxxxxxxx
Title: Vice President
CYPRESSTREE INVESTMENT PARTNERS II,
LTD.,
By: CypressTree Investment Management
Company, Inc. as Portfolio Manager
By: /s/ P. Xxxxxxx Xxxx
---------------------------------------------
Name: P. Xxxxxxx Xxxx
Title: Principal
CYPRESS TREE INVESTMENT
MANAGEMENT COMPANY, INC.
As: Attorney-in-Fact, on behalf of, and as
Portfolio Manager for First Allmerica
Financial Life Insurance Company
By: /s/ P. Xxxxxxx Xxxx
---------------------------------------------
Name: P. Xxxxxxx Xxxx
Title: Principal
DEUTSCHE BANK AG NEW YORK BRANCH
AND/OR CAYMAN ISLANDS BRANCH
By: /s/ Xxxxxxx X. XxXxxxx
---------------------------------------------
Name: Xxxxxxx X. XxXxxxx
Title: Director
By: /s/ Xxxxxx X. Xxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxx
Title: Vice President
ELC (CAYMAN) LTD. CDO SERIES 1999-I
By: Institutional Debt Management, Inc., as
Collateral Manager
By: /s/ Xxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxx
Title: Vice President
ELC (CAYMAN) LTD. 1999-III
By: Institutional Debt Management, Inc., as
Collateral Manager
By: /s/ Xxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxx
Title: Vice President
ELC (CAYMAN) LTD. 2000-1
By: Institutional Debt Management, Inc., as
Collateral Manager
By: /s/ Xxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxx
Title: Vice President
EQ ADVISORS TRUST
By: Alliance Capital Management L.P., as
Advisor
By: /s/ Xxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxx
Title: Portfolio Manager
FLEET NATIONAL BANK
By: /s/ Xxxxx X. Xxxxxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxxxxx
Title: Vice President
FRANKLIN FLOATING RATE TRUST
By: /s/ Xxxxxxx X'Xxxxxxx
---------------------------------------------
Name: Xxxxxxx X'Xxxxxxx
Title: Vice President
FRANKLIN FLOATING RATE MASTER
SERIES
By: /s/ Xxxxxxx X'Xxxxxxx
---------------------------------------------
Name: Xxxxxxx X'Xxxxxxx
Title: Vice President
FRANKLIN CLO I, LIMITED
By: /s/ Xxxxxxx X'Xxxxxxx
---------------------------------------------
Name: Xxxxxxx X'Xxxxxxx
Title: Senior Vice President
FRANKLIN CLO II, LIMITED
By: /s/ Xxxxxxx X'Xxxxxxx
---------------------------------------------
Name: Xxxxxxx X'Xxxxxxx
Title: Senior Vice President
FRANKLIN CLO III, LIMITED
By: /s/ Xxxxxxx X'Xxxxxxx
---------------------------------------------
Name: Xxxxxxx X'Xxxxxxx
Title: Senior Vice President
GENERAL ELECTRIC CAPITAL
CORPORATION
By: /s/ Xxxxx X. Xxxxxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxxxxx
Title: Duly Authorized Signatory
GOLDENTREE LOAN OPPORTUNITIES I,
LIMITED
By: /s/ Xxxx Xxxxxx
---------------------------------------------
Name: Xxxx Xxxxxx
Title: Portfolio Manager
HARBOURVIEW CLO IV LTD, FUND
By: /s/ Xxxxx Xxxxxxxx
---------------------------------------------
Name: Xxxxx Xxxxxxxx
Title: A.V.P.
XXXXXX TRUST AND SAVINGS BANK
By: /s/ Xxxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Vice President
HSBC BANK USA
By: /s/ Xxxxxxx X. Xxxxx
---------------------------------------------
Name: Xxxxxxx X. Xxxxx
Title: Analyst
IDS LIFE INSURANCE COMPANY
By: American Express Asset Management Group
Inc. as Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
INDOSUEZ CAPITAL FUNDING IIA, LIMITED
By: Indosuez Capital as Portfolio Advisor
By: /s/ Xxxxxx Xxxxx
---------------------------------------------
Name: Xxxxxx Xxxxx
Title: Vice President
INDOSUEZ CAPITAL FUNDING III, LIMITED
By: Indosuez Capital as Portfolio Advisor
By: /s/ Xxxxxx Xxxxx
---------------------------------------------
Name: Xxxxxx Xxxxx
Title: Vice President
INDOSUEZ CAPITAL FUNDING IV, L.P.
By: RBC Leveraged Capital as Portfolio Advisor
By: /s/ Xxx X. Xxxxxxx
---------------------------------------------
Name: Xxx X. Xxxxxxx
Title: Managing Director
ING PRIME RATE TRUST
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
ING SENIOR INCOME FUND
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
KZH CYPRESSTREE-1 LLC
By: /s/ Xxxxxxx Xxxxxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxxxxx
Title: Authorized Agent
KZH ING-2 LLC
By: /s/ Xxxxxxx Xxxxxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxxxxx
Title: Authorized Agent
KZH PONDVIEW LLC
By: /s/ Xxxxxxx Xxxxxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxxxxx
Title: Authorized Agent
KZH STERLING LLC
By: /s/ Xxxxxxx Xxxxxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxxxxx
Title: Authorized Agent
KZH WATERSIDE LLC
By: /s/ Xxxxxxx Xxxxxxxxx
---------------------------------------------
Name: Xxxxxxx Xxxxxxxxx
Title: Authorized Agent
MARINER LDC
By: /s/ Xxxxxxx X. Xxxx XX
---------------------------------------------
Name: Xxxxxxx X. Xxxx XX
Title: Director
ML CLO XII PILGRIM AMERICA (CAYMAN)
LTD.
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
ML CLO XV PILGRIM AMERICA (CAYMAN)
LTD.
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
ML CLO XX PILGRIM AMERICA (CAYMAN)
LTD.
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
MONUMENT CAPITAL LTD., as Assignee
By: Alliance Capital Management L.P., as
Investment Manager
By: Alliance Capital Management Corporation, a
General Partner
By: /s/ Xxxx Xxxxxxxxxxx
---------------------------------------------
Name: Xxxx Xxxxxxxxxxx
Title: Senior Vice President
XXXXXX XXXXXXX PRIME INCOME TRUST
By: /s/ Xxxxxx X. Xxxxxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxxxxx
Title: Executive Director
NATEXIS BANQUES POPULAIRES
By: /s/ Xxxxx X. Xxxxxx, Xx.
---------------------------------------------
Name: Xxxxx X. Xxxxxx, Xx.
Title: Vice President & Group Manager
By: /s/ Xxxxxx Xxxxxxx
---------------------------------------------
Name: Xxxxxx Xxxxxxx
Title: Assistant Vice President
NATIONAL CITY
By: /s/ Xxxxxxxx X. Xxxxxxxxxx
---------------------------------------------
Name: Xxxxxxxx X. Xxxxxxxxxx
Title: Assistant Vice President
NEW ALLIANCE GLOBAL CDO, LIMITED
By: Alliance Capital Management L.P., as Sub-
advisor
By: Alliance Capital Management Corporation,
as General Partner
By: /s/ Xxxx Xxxxxxxxxxx
---------------------------------------------
Name: Xxxx Xxxxxxxxxxx
Title: Senior Vice President
NOMURA BOND & LOAN FUND
By: UFJ Trust Company of New York, as Trustee
By: Nomura Corporate Research and Asset
Management Inc., Attorney in Fact
By: /s/ Xxxxxxx X. Xxxxxxx
---------------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Director
NYLIM HIGH YIELD CDO, 2001, LTD.
By: New York Life Investment Management, LLC,
as Investment Manager and Attorney-In-Fact
By: /s/ F. Xxxxx Xxxxx
---------------------------------------------
Name: F. Xxxxx Xxxxx
Title: Vice President
OLYMPIC FUNDING TRUST, SERIES 1999-1
By: /s/ Xxx X. Xxxxxx
---------------------------------------------
Name: Xxx X. Xxxxxx
Title: Authorized Agent
XXXXXXXXXXX SENIOR FLOATING RATE
FUND
By: /s/ Xxxxx Xxxxxxxx
---------------------------------------------
Name: Xxxxx Xxxxxxxx
Title: A.V.P
ORYX CLO, LTD.
By: ING Capital Advisors LLC, as Collateral
Manager
By: /s/ Xxxxx Xxxx
----------------------------
Name: Xxxxx Xxxx
Title: Senior Vice President
PACIFICA PARTNERS I, L.P.
By: Imperial Credit Asset Management as its
Investment Manager
By: /s/ Xxxx Xxxxxx
---------------------------------------------
Name: Xxxx Xxxxxx
Title: Vice President
PILGRIM AMERICA HIGH INCOME
INVESTMENTS INC. LTD.
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
PILGRIM CLO 1999-1 LTD.
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
PINEHURST TRADING, INC.
By: /s/ Xxx X. Xxxxxx
---------------------------------------------
Name: Xxx X. Xxxxxx
Title: Asst. Vice President
PPM SHADOW CREEK FUNDING LLC
By: /s/ Xxx X. Xxxxxx
---------------------------------------------
Name: Xxx X. Xxxxxx
Title: Asst. Vice President
PPM SPYGLASS FUNDING TRUST
By: /s/ Xxx X. Xxxxxx
---------------------------------------------
Name: Xxx X. Xxxxxx
Title: Authorized Agent
PROMETHEUS INVESTMENT FUNDING NO. 1
LTD
By: CPF Asset Advisory, LLC as Investment
Manager
By: /s/ Xxxxxxxxx Xxxxxx
---------------------------------------------
Name: Xxxxxxxxx Xxxxxx
Title: Director
By: /s/ Xxxxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Managing Director
XXXXXX DIVERSIFIED INCOME TRUST
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
XXXXXX FUNDS TRUST - XXXXXX HIGH
YIELD TRUST II
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
XXXXXX HIGH YIELD ADVANTAGE FUND
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
XXXXXX HIGH YIELD TRUST
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
XXXXXX MASTER INCOME TRUST
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
XXXXXX MASTER INTERMEDIATE INCOME
TRUST
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
XXXXXX PREMIER INCOME TRUST
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
XXXXXX VARIABLE TRUST - PVT
DIVERSIFIED INCOME FUND
By: /s/ Xxxx X. Xxxxxx
---------------------------------------------
Name: Xxxx X. Xxxxxx
Title: Vice President
SENIOR DEBT PORTFOLIO
By: Boston Management and Research as
Investment Advisor
By: /s/ Xxxxx X. Page
---------------------------------------------
Name: Xxxxx X. Page
Title: Vice President
SEQUILS-CENTURION V, LTD
By: American Express Asset Management Group
Inc. as Collateral Manager
By: /s/ Xxxxxx X. Xxxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Managing Director
SEQUILS PILGRIM-1 LTD.
By: ING Investments, LLC as its Investment
Manager
By: /s/ Xxxxx Xxxxx
---------------------------------------------
Name: Xxxxx Xxxxx
Title: Vice President
SIMSBURY CLO, LIMITED
By: Xxxxx X. Xxxxxx & Co. Inc. under delegated
authority from MassMutual Life Insurance
Company as Collateral Manager
By: /s/ Xxxx X. Law
---------------------------------------------
Name: Xxxx X. Law
Title: Managing Director
SUNTRUST BANK
By: /s/ Xxxxxx X. Xxxxx
---------------------------------------------
Name: Xxxxxx X. Xxxxx
Title: Vice President
UBS AG, STAMFORD BRANCH
By: /s/ Xxxxx X. Xxxxx
---------------------------------------------
Name: Xxxxx X. Xxxxx
Title: Executive Director Recovery Management
By: /s/ Xxxxxxx X. Xxxxx
---------------------------------------------
Name: Xxxxxxx A, Roche
Title: Executive Director Recovery Management
XXX XXXXXX SENIOR INCOME TRUST
By: Xxx Xxxxxx Investment Advisory Corp.
By: /s/ Xxxxxxxxx Xxxxxxxx
---------------------------------------------
Name: Xxxxxxxxx Xxxxxxxx
Title: Vice President
XXX XXXXXX PRIME RATE INCOME TRUST
By: Xxx Xxxxxx Investment Advisory Corp.
By: /s/ Xxxxxxxxx Xxxxxxxx
---------------------------------------------
Name: Xxxxxxxxx Xxxxxxxx
Title: Vice President
XXX XXXXXX CLO I, LIMITED
By: Xxx Xxxxxx Investment Advisory Corp, as
Collateral Manager
By: /s/ Xxxxxxxxx Xxxxxxxx
---------------------------------------------
Name: Xxxxxxxxx Xxxxxxxx
Title: Vice President
XXX XXXXXX CLO II, LIMITED
By: Xxx Xxxxxx Investment Advisory Corp as
Collateral Manager
By: /s/ Xxxxxxxxx Xxxxxxxx
---------------------------------------------
Name: Xxxxxxxxx Xxxxxxxx
Title: Vice President
XXXXX FARGO BANK, N.A.
By: /s/ Xxxx Xxxxx
---------------------------------------------
Name: Xxxx Xxxxx
Title: Vice President
Schedule 1.1A
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FIRST QUARTER 2002 ADJUSTMENTS
(in thousands)
Net sales - trade promotions and other $ 17,700
Cost of sales - inventory disputes 980
General and administration - severance and other 1,125
Interest expense - waiver fee 325
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$ 20,130
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