February 27, 2008
inVentiv Health, Inc.
200 Cottontail Lane
Vantage Court North
Somerset, New Jersey 08873
Attn: David Bassin, Chief Financial Officer
Re: Revolving Credit Facility
Ladies and Gentlemen:
BLUE RIDGE INVESTMENTS, L.L.C. (“ Lender ”) is pleased to make available to INVENTIV
HEALTH, INC. , a Delaware corporation (“ Borrower ”), a reducing line of credit facility on the terms and
conditions set forth below and in that certain Promissory Note dated as of even date herewith executed by
Borrower in favor of Lender substantially in the form attached hereto (the “ Note ”). Terms not defined herein
have the meanings assigned to them in the Note).
Commitment
Subject to the terms and conditions set forth herein and in the Note, Lender agrees to
make available to Borrower in multiple drawdowns until the Maturity Date one or more
term loans (each, a “ Loan ” and collectively, the “ Loans ”) in an aggregate principal
amount not exceeding Thirty Million Five Hundred Twenty Seven Thousand Three
Hundred and Sixteen Dollars ( $30,527,316 ) (as such amount is reduced in accordance
with the requirements of the Note, the “ Commitment ”). Within the foregoing limit,
Borrower may borrow, repay and reborrow Loans until the Maturity Date up to the
Commitment, subject to the conditions set forth herein and in the Note. Borrower may
permanently reduce or terminate the Commitment by giving five days’ written notice to
Lender.
Interest:
Each Loan shall bear interest at the rate(s) of interest described in the Note. Accrued
and unpaid interest on each Loan shall be due and payable as set forth in the Note.
Principal:
Any redemptions resulting in cash distributions received by Borrower in connection with
Borrower’s ownership interest in Columbia Strategic Cash Portfolio, a series of
Columbia Qualified Purchaser Funds, LLC, a Delaware limited liability company
(“Columbia Strategic Cash Fund”), shal