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<br />September 23,2008
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<br />HANK QUALU-ICATION ALLOCATION AGHEEJ\Il:NT
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<br />This Bank QuulitlL'<ltion Allocation Agn.:<..:mcnt is illaue and cnlCreJ into as {)f Ocluhcl
<br />, 200H (lIlj~ "Allo~alilln Agrcclnc-nl"), by ilnd <I1ll01ltl; tIlt: Induslrial f)cvc!oplnC/l.l Autbority 01
<br />the Henry County, Virginiu, a puli~lcal suhdivisiun or ,rhl'" COlllrJl(~nwealth of Virginia (the
<br />"IDA"). find (i) the City of Mal11ns:'llIc, Vlrgll)ia ~lhL' "CIty"), .~nd (il) l-knry County, Vlrgl.nl<1
<br />(the "County") (c()lIecllvdy, the ( It)' and Hll' l. nun!y are rcterrcd to as, the "l';niu.:.lp;ttlng
<br />Units"). -
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<br />RECITAl,S:
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<br />\\'IfER"~AS. the I()A i'i finanCIng lhe cOI1<;trucljoll 01'.1 shell hulirling to h<..'I''':;Lkd in the
<br />1';111'j'l( ('cnler IndtlSlrial POlrk (the "i',u/<:,:I"I \\'lth the pro..,:.c(..ds to I'c<,,;cJ\'cd froJIl the (l)/\ '"
<br />i!:i!:illalH:C and sale of its S 1,500,000 Lease RC\'CllUIC Bund (J-Ienry C'OUJlly She)1 BuirulI\g Prolcdl.
<br />Series zOOS (the "Bondn) III (the "Bank"): rcpa~'me-Ilt t'j' \...hich is sccur<.:d
<br />by. a1110ng <.,ther things, ;1 sullie":l III upprupriUllOI1 k.lsl-' pi.l;.'lllCllt uhligatlon of ,Ill.: (""UIlI)>
<br />purslIant (0 a Lcase Agrc..:.'mcIlt dated us 01 Ol-'lohl.'r !, 2008 hy and h<.:twc(,.'n th\.' lOA llnd the
<br />CtlUllty willi ICSpC":\ t\J the Pn~j(,.~...'1 (lhe "I_cast. /\.l'ICl-'IIIC!1I")
<br />
<br />\\!IIF.REAS. (hI.: County, tbe Clly iU1d thc lDA l\ilvt: previously enh'rt."'(j into it Rc\'crllle
<br />Shanng Agn:cnH~nl Jated as ,II April _lO, :?:002 wllh rC_"!ll'\:( 10 Ill<' P:lIri'lt Ct'llhT Illdoslrldl '>all-.
<br />
<br />\-V1I EREAS, the Cil;.-' is entering it Support Agrc('~lllent v"lIh the IDA, the COUllly
<br /><:"'~11"in oll1cI p<llties (lhe "~UPP("I ~\gn'L'llll-"lll") \Vhl~I..."l-:>y, :lI11nng 'llhor:-r things. tho:- ('jl)
<br />'-'gl-L'e. Oil II 'Hlbj<:...,t It> "1'llll>priali('1I baSIS, fu IUlld Il} ,)I ..,tI1CT\VISC rCllllbur,><.' till' C'Ollllfy 1<)1 illl
<br />;JrllOUlll c\.judllo thilly lhree (.1J~'u-) pen.:ent uf tho:: paYUlcnl::i dlK' and pilyahk hv Henry CO\l11t\
<br />during the tcnll of the L.ease AgICCtlH':llt: ,uHl
<br />
<br />\\'IIERt:AS, pllr:;.uanl 10 a _ n:soluWlIl LHhlJ1lcd b:,,' Ihe ('ify C'oun<."il qr the Cll),' on
<br />S....ptr.:IJlhel ,200~. willie IC":U!:"1 II I: III!! that tilt., ohhr,anons of thl~ ('lly ullt.h:r tht." SUPPl1rt
<br />Agn~cllwnl s11.111 in 110 way ,,'oll-..tiltlle all ohhg~ltil11l llr indehtedness of the City, Ilt)r a plcdge ,)l
<br />lilt.: full faith and l.;redit or I.l.x.ing power 01 Ih...~ CifY, III funherance of Ihe t<.~nns and cunditions ot
<br />lhe Revenue Sharing ^grc....1l1cnl, the ('ity ilckll,!\\'ll'dg...ti and <lgJo:.:ed thm lhill ,<11 alloc;tlj'lfl 10 ,hl"
<br />("ity of approxiln;;ltely ~3'~a (If 111<.-' prill<.-'ll'aJ allllllllll or IlK' BUild f,)l' purposes ,-,I S<.:dIOI1
<br />26S(b)(J)(c)(iil) or thl.: IntcrllLlJ Hc\ CIlU,"' Cudl.: ur 1 ')I-'(J, .1:S ,lllll"ndcd (the "Cudl-."j I t:preSClllS d
<br />1{'~;SOIl;jhl(; ...llo<.:.lti(,n bCillillg iI ["'~;h,'rlahJc Iclall')ll::.hip h' lh..: bClll'IILs 1\) be rCl:<'"I'\'cd hv tIll' ('11\
<br />110111 (he 1 S:SUIlI I 1.:1.: "flhl.: BOlal In COllllCclll'll \.\-llh Ih... llr>;lIKlll}!. (,I the 1'1\)I<.:l'!
<br />
<br />\\'"IIEI:t.EAS, pursuanl 10 Scctiuu )(,:"(hILJ If( .}(,il) "j 111<": Inl(:III;11 RI'\''''J1Ul" t .od.... ,,( 1'):-;(,
<br />as ;UllClld....d (thc "( '0('\<''', Ih... l'arTh:lpatlng Unit" ,!l"'~ enll-"ring pll" IhlS /UIO<":llllt'lI I\gll~<."(lll-"Ill t"
<br />allocale the amount of the Bond ;,llnoflgsl th<.: IDA, Ill..: ('lly, and the ('ourll\
<br />
<br />1\'0\\', Tllt:Rl:<_:FOH.t<:, th.... inni..'s h..'rdl\' ;q,-;l<:~' <IS t011(\\\':,;
<br />
<br />1 i\Iln.I,-<lt_l~ltl_~,f rh,-)_I~~I l'lle pmtll'" Ill"ld,' 'rl"\"\":lhJ~ ;1t'llT hi .Ilhl,-;ll<." Ila' ,11110111111
<br />01111..., Bund f(ll' PllilJosc;::-~,(Sc,:ti';l\ ,l(''>th/4 ~)(( ')(IIt) ,,(I 'Hk.ts set forth hel,\\l,/
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<br />sll~'<.,,~<cdill~', l:>rl'lll.,h th.."re"t
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<br />uppcal'~ there'Hl, lJIl(llllI 01 \....hlch shall !o,.........r11....T c"Il"llfulc <>lH" lllld Ih~ s.ttlle In...II\IU1<.:Jll
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<br />IN.'nto...,,/,.,. of ; '",,-;,. Int,'nIH"'i/II. I ,'fl/Ii,,,d,
<br />.";"~lI,H"'.,' 1'<,..,., to f-olloHj
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