Effective on the Effective Date (as defined below), Agent and the Required Lenders hereby (i) consent to the Transaction, including, without limitation, to Gichner’s execution of the Raytheon Security Agreement, (ii) consent to Agent’s execution of the Raytheon Subordination Agreement, and (iii) waive any Event of Default that would otherwise occur under the Credit Agreement solely as a result of the Transaction. Except as expressly set forth in this Agreement, the consent and waiver by Agent and the Required Lenders under this Agreement is not intended, and shall not be construed: (a) to modify or otherwise affect any of the provisions of the Credit Agreement or the other Loan Documents, (b) as a waiver of any of Agent’s or any Lender’s rights under the Credit Agreement or any other Loan Document, or (c) as an authorization or a consent by Agent and the Lenders to any further actions by any Credit Party not otherwise permitted by the Loan Documents.