Nautilus 2009 Annual Report Download - page 317

(f) Investment in Subsidiaries listed on Schedule 9.5 and Investments in Subsidiaries engaged exclusively in the Continuing
Business made after the Closing Date that do not exceed $1,000,000 in the aggregate;
(g) Investment in joint ventures engaged exclusively in the Continuing Business made after the Closing Date that do not
exceed $1,000,000 and other Investments in joint ventures engaged exclusively in the Continuing Business and approved by Lender in its
Permitted Discretion;
(h) Loans and advances to officers and employees for salary, travel expenses, commissions and similar items in the ordinary
course of business in the aggregate amount at any one time outstanding not to exceed $500,000;
(i) Payables permitted under Section 9.7 hereof;
(j) The endorsement of instruments for collection or deposit in the ordinary course of business;
(k) Stock or obligations issued to Borrower by any person (or the representative of such person) in respect of debt or other
trade obligations of such person owing to Borrower in connection with the insolvency, bankruptcy, receivership or reorganization of such person
or a composition, readjustment or settlement of the debts of such person or in respect of a settlement of a dispute with such person, provided, that
the original of any such stock or instrument evidencing such obligations owing to Borrower shall be promptly delivered to Lender together with
such stock power, assignment or endorsement by Borrower required by Lender;
(l) Investments in existence on the Closing Date set forth on Schedule 9.5;
(m) Securities, instruments or other Investments that Borrower may acquire in connection with any disposition permitted
hereunder; provided that such securities, instruments or other Investments shall constitute not more that 25 percent of the purchase price;
provided further that the original of any such securities or instruments owned by Borrower evidencing such Investments shall be promptly
delivered to Lender together with such stock power or endorsement by Borrower required by Lender;
(n) Contingent obligations to the extent permitted under Section 9.2(l);
(o) Foreign currency hedging agreements entered into in the ordinary course of business for non-speculative purposes in an
aggregate amount not to exceed $500,000;
(p) Loans to Subsidiaries of Borrower that are to be repaid within five Business Days of being made in an aggregate amount
not to exceed $2,000,000 and other loans to Subsidiaries of Borrower approved by Lender in its Permitted Discretion;
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