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determining the Reference Leverage Ratio, Consolidated Net Income shall
exclude the income (or loss) of such transferred assets (or transferred
Subsidiary) accrued during such period prior to the date of such
disposition. In making the computations contemplated by the foregoing
proviso, the Company may make appropriate pro forma adjustments to
reflect cost savings and other transaction-related items so long as all
such adjustments are reasonably acceptable to the Agent.
Period Ratio
------ -----
Initial Closing Date through September 29, 2000.................5.00x
September 30, 2000 through December 30, 2000....................4.50x
December 31, 2000 through June 29, 2001.........................4.00x
June 30, 2001 through December 30, 2001.........................3 50x
December 31, 2001 through December 30, 2002.....................3.00x
December 31, 2002 through December 30, 2003.....................2.50x
After December 30, 2003.........................................2.00x
6.5.2 Consolidated EBITDA to Consolidated Interest Expense. For
each period of four consecutive fiscal quarters of the Company, the ratio
of Consolidated EBITDA to Total Interest Expense shall equal or exceed
the ratio set forth in the table below.
Period Ratio
------ -----
Initial Closing Date through December 30, 2000..................1.75x
December 31, 2000 through September 29, 2001....................2.00x
September 30, 2001 through September 29, 2002...................2.25x
After September 29, 2002........................................2.50x
6.5.3 Consolidated EBITDA to Consolidated Fixed Charges. For each
period of four consecutive fiscal quarters of the Company, Consolidated
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