Guarantee and Collateral Agreement for 2011 Term Facility



 Exhibit 10.29 
 EXECUTION COPY 
  
  

 
 GUARANTEE AND COLLATERAL AGREEMENT

 made by 

U.S. FOODSERVICE, INC., 
 as the Borrower 
 and certain of its Subsidiaries, 

in favor of 

CITICORP NORTH AMERICA, INC., 
 as Administrative Agent and Collateral Agent 
 Dated as of May 11, 2011

  
  

 







 TABLE OF CONTENTS 
 Page 
  

							
	 SECTION 1 DEFINED TERMS
	  	 	3	  
	 1.1
	 	Definitions	  	 	3	  
	 1.2
	 	Other Definitional Provisions	  	 	13	  
		
	 SECTION 2 GUARANTEE
	  	 	14	  
	 2.1
	 	Guarantee	  	 	14	  
	 2.2
	 	Right of Contribution	  	 	15	  
	 2.3
	 	No Subrogation	  	 	15	  
	 2.4
	 	Amendments, etc. with respect to the Obligations	  	 	16	  
	 2.5
	 	Guarantee Absolute and Unconditional	  	 	16	  
	 2.6
	 	Reinstatement	  	 	17	  
	 2.7
	 	Payments	  	 	18	  
		
	 SECTION 3 GRANT OF SECURITY INTEREST
	  	 	18	  
	 3.1
	 	Grant	  	 	18	  
	 3.2
	 	Pledged Collateral	  	 	19	  
	 3.3
	 	Certain Exceptions	  	 	19	  
	 3.4
	 	Intercreditor Relations	  	 	20	  
		
	 SECTION 4 REPRESENTATIONS AND WARRANTIES
	  	 	21	  
	 4.1
	 	Representations and Warranties of Each Guarantor	  	 	21	  
	 4.2
	 	Representations and Warranties of Each Grantor	  	 	21	  
	 4.3
	 	Representations and Warranties of Each Pledgor	  	 	24	  
		
	 SECTION 5 COVENANTS
	  	 	26	  
	 5.1
	 	Covenants of Each Guarantor	  	 	26	  
	 5.2
	 	Covenants of Each Grantor	  	 	26	  
	 5.3
	 	Covenants of Each Pledgor	  	 	39	  
		
	 SECTION 6 REMEDIAL PROVISIONS
	  	 	32	  
	 6.1
	 	Certain Matters Relating to Accounts	  	 	32	  
	 6.2
	 	Communications with Obligors; Grantors Remain Liable	  	 	33	  
	 6.3
	 	Pledged Stock	  	 	34	  
	 6.4
	 	Proceeds to be Turned Over to the Collateral Agent	  	 	35	  
	 6.5
	 	Application of Proceeds	  	 	36	  
	 6.6
	 	Code and Other Remedies	  	 	36	  
	 6.7
	 	Registration Rights	  	 	37	  
	 6.8
	 	Waiver; Deficiency	  	 	38	  
		
	 SECTION 7 THE COLLATERAL AGENT
	  	 	38	  
	 7.1
	 	Collateral Agent’s Appointment as Attorney-in-Fact, etc.	  	 	38	  
	 7.2
	 	Duty of Collateral Agent	  	 	40	  
	 7.3
	 	Execution of Financing Statements	  	 	40	  
	 7.4
	 	Authority of Collateral Agent	  	 	40	  
	 7.5
	 	Right of Inspection	  	 	41	  









							
	 SECTION 8 NON-LENDER SECURED PARTIES
	  	 	41	  
	 8.1
	 	Rights to Collateral	  	 	41	  
	 8.2
	 	Appointment of Agent	  	 	42	  
	 8.3
	 	Waiver of Claims	  	 	42	  
		
	 SECTION 9 MISCELLANEOUS
	  	 	43	  
	 9.1
	 	Amendments in Writing	  	 	43	  
	 9.2
	 	Notices	  	 	43	  
	 9.3
	 	No Waiver by Course of Conduct; Cumulative Remedies	  	 	43	  
	 9.4
	 	Enforcement Expenses; Indemnification	  	 	44	  
	 9.5
	 	Successors and Assigns	  	 	44	  
	 9.6
	 	Set-Off	  	 	44	  
	 9.7
	 	Counterparts	  	 	45	  
	 9.8
	 	Severability	  	 	45	  
	 9.9
	 	Section Headings	  	 	45	  
	 9.10
	 	Integration	  	 	45	  
	 9.11
	 	GOVERNING LAW	  	 	45	  
	 9.12
	 	Submission to Jurisdiction; Waivers	  	 	46	  
	 9.13
	 	Acknowledgments	  	 	46	  
	 9.14
	 	WAIVER OF JURY TRIAL	  	 	46	  
	 9.15
	 	Additional Granting Parties	  	 	47	  
	 9.16
	 	Releases	  	 	47	  
	 9.17
	 	Judgment	  	 	48	  
	 9.18
	 	Miscellaneous	  	 	49	  

 SCHEDULES 

	1	Notice Addresses of Guarantors 


	2	Pledged Securities 


	3	Perfection Matters 


	4	Location of Jurisdiction of Organization 


	5	Intellectual Property 


	6	Contracts 

 ANNEXES 

 

	1	Acknowledgement and Consent of Issuers who are not Granting Parties 


	2	Assumption Agreement 


	3	Supplemental Agreement 


  
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 GUARANTEE AND COLLATERAL AGREEMENT 

GUARANTEE AND COLLATERAL AGREEMENT, dated as of May 11, 2011 made by U.S. FOODSERVICE, INC. (as further defined in subsection 1.1,
the “Borrower”) in favor of CITICORP NORTH AMERICA, INC., as collateral agent (in such capacity, the “Collateral Agent”) and administrative agent (in such capacity, the “Administrative Agent”) for
the banks and other financial institutions (collectively, the “Lenders”; individually, a “Lender”) from time to time parties to the Credit Agreement described below. 

W I T N E S S E T H: 
 WHEREAS, pursuant to that certain Credit Agreement, dated as of the date hereof (as amended, amended and restated, waived, supplemented or otherwise modified from time to time, together with any agreement
extending the maturity of, or restructuring, refunding, refinancing or increasing the Indebtedness under such agreement or successor agreements, the “Credit Agreement”), among the Borrower, Citicorp North America, Inc., as
Administrative Agent and Collateral Agent and the other parties party thereto, the Lenders have severally agreed to make extensions of credit to the Borrower upon the terms and subject to the conditions set forth therein; 

WHEREAS, pursuant to that certain Term Loan Credit Agreement, dated July 3, 2007 (as amended, amended and restated, waived,
supplemented or otherwise modified from time to time, together with any agreement extending the maturity of, or restructuring, refunding, refinancing or increasing the Indebtedness under such agreement or successor agreements, the “2007 Term
Credit Agreement”), among the Borrower, the several banks and other financial institutions from time to time parties thereto (as further defined in the 2007 Term Credit Agreement, the “Term Loan Lenders”), Citicorp North
America, Inc., as administrative agent (in its specific capacity as Administrative Agent for the Term Loan Lenders thereunder, the “ 2007 Term Administrative Agent”) and collateral agent (in its specific capacity as Collateral Agent
for the Term Loan Lenders thereunder, the “2007 Term Collateral Agent”), Deutsche Bank Securities Inc., as Syndication Agent and the other parties party thereto, the Term Loan Lenders have made extensions of credit to the Borrower
upon the terms and subject to the conditions set forth therein; 
 WHEREAS, pursuant to that certain Guarantee and Collateral
Agreement, dated July 3, 2007 (as amended, amended and restated, waived, supplemented or otherwise modified from time to time, the “2007 Term Guarantee and Collateral Agreement”), among the Borrower, certain of its
subsidiaries, the 2007 Term Administrative Agent and the 2007 Term Collateral Agent, the Borrower and such subsidiaries have granted a pari passu Lien to the 2007 Term Collateral Agent for the benefit of the holders of the Term Obligations (as
defined in the Intercreditor Agreement referred to below) on the Collateral (as defined herein) and a second priority Lien for the benefit of the holders of the Term Obligations on the ABL Priority Collateral (as defined herein); 

WHEREAS, pursuant to that certain Revolving Credit Agreement, dated July 3, 2007 (as amended, amended and restated, waived,
supplemented or otherwise modified from time to time, together with any agreement extending the maturity of, or restructuring, refunding, refinancing 







 
or increasing the Indebtedness under such agreement or successor agreements, the “Revolving Credit Agreement”), among the Borrower, certain of its subsidiaries (together with the
Borrower, collectively, the “Revolving Borrowers”), the several banks and other financial institutions from time to time parties thereto (as further defined in the Revolving Credit Agreement, the “Revolving
Lenders”), Citicorp North America, Inc., as administrative agent (in its specific capacity as Administrative Agent for the Revolving Lenders thereunder, the “Revolving Administrative Agent”), collateral agent (in its
specific capacity as Collateral Agent for the Revolving Lenders thereunder, the “Revolving Collateral Agent”) and Issuing Lender, Deutsche Bank Securities Inc., as Syndication Agent and the other parties party thereto, the Revolving
Lenders have severally agreed to make extensions of credit to the Revolving Borrowers upon the terms and subject to the conditions set forth therein; 
 WHEREAS, pursuant to that certain Revolving Guarantee and Collateral Agreement, dated July 3, 2007 (as amended, amended and restated, waived, supplemented or otherwise modified from time to time, the
“Revolving Guarantee and Collateral Agreement”), among the Revolving Borrowers, certain of their subsidiaries, the Revolving Administrative Agent and the Revolving Collateral Agent, the Borrower and such subsidiaries have granted a
pari passu Lien to the Revolving Collateral Agent for the benefit of the holders of the Revolving Obligations (as defined in the Intercreditor Agreement referred to below) on the Collateral and a second priority Lien for the benefit of the holders
of the Revolving Obligations on the ABL Priority Collateral; 
 WHEREAS, pursuant to that certain ABL Credit Agreement, dated
July 3, 2007 (as amended, amended and restated, waived, supplemented or otherwise modified from time to time, together with any agreement extending the maturity of, or restructuring, refunding, refinancing or increasing the Indebtedness under
such agreement or successor agreements, the “ABL Credit Agreement”), among the Borrower, certain of its subsidiaries (together with the Borrower, collectively, the “ABL Borrowers”), the several banks and other
financial institutions from time to time parties thereto (as further defined in the ABL Credit Agreement, the “ABL Lenders”), Citicorp North America, Inc., as administrative agent (in its specific capacity as Administrative Agent,
the “ABL Administrative Agent”) and collateral agent (in its specific capacity as Collateral Agent, the “ABL Collateral Agent”) for the ABL Lenders thereunder, Deutsche Bank Securities Inc., as Syndication Agent,
and the other parties party thereto, the ABL Lenders have severally agreed to make extensions of credit to the ABL Borrowers upon the terms and subject to the conditions set forth therein; 

WHEREAS, pursuant to that certain ABL Guarantee and Collateral Agreement, dated as of the date hereof (as amended, amended and restated,
waived, supplemented or otherwise modified from time to time, the “ABL Guarantee and Collateral Agreement”), among the ABL Borrowers, certain of their subsidiaries, the ABL Administrative Agent and the ABL Collateral Agent, the ABL
Borrowers and such subsidiaries have granted a first priority Lien to the ABL Collateral Agent for the benefit of the holders of ABL Obligations (as defined in the Intercreditor Agreement referred to below) on the ABL Collateral (as defined herein)
and a second priority Lien for the benefit of the holders of the ABL Obligations on the Cash Flow Facilities Priority Collateral (as defined herein); 

  
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 WHEREAS, the Borrower is a member of an affiliated group of companies that includes the
Borrower, the Borrower’s Domestic Subsidiaries that are party hereto and any other Domestic Subsidiary of the Borrower (other than any Excluded Subsidiary) that becomes a party hereto from time to time after the date hereof (all of the
foregoing collectively, the “Granting Parties”); 
 WHEREAS, the 2007 Term Collateral Agent, the 2007 Term
Administrative Agent, the Revolving Collateral Agent, the Revolving Administrative Agent, the ABL Collateral Agent and the ABL Administrative Agent have entered into an Intercreditor Agreement, acknowledged by the Borrower and the Granting Parties,
dated July 3, 2007 (as amended, amended and restated, waived, supplemented or otherwise modified from time to time (subject to subsection 9.1 hereof), the “Intercreditor Agreement”); 

WHEREAS, the Borrower has executed and delivered an Additional Indebtedness Designation, dated as of the Closing Date, designating the
Credit Agreement as an “Additional Credit Facility” under the Intercreditor Agreement, and the Administrative Agent, the Collateral Agent, the 2007 Term Administrative Agent, the 2007 Term Collateral Agent, the Revolving Administrative
Agent, the Revolving Collateral Agent, the ABL Administrative Agent and the ABL Collateral Agent have entered into an Additional Indebtedness Joinder to the Intercreditor Agreement; 

WHEREAS, the Borrower and the other Granting Parties are engaged in related businesses, and each such Granting Party will derive
substantial benefit from the making of the extensions of credit under the Credit Agreement; and 
 WHEREAS, it is a condition to
the obligation of the Lenders to make their respective extensions of credit under the Credit Agreement that the Granting Parties shall execute and deliver this Agreement to the Collateral Agent for the benefit of the Secured Parties. 

NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent and the Lenders to enter into the Credit
Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder, and in consideration of the receipt of other valuable consideration (which receipt is hereby acknowledged), each Granting Party hereby
agrees with the Administrative Agent and the Collateral Agent, for the benefit of the Secured Parties (as defined below), as follows: 
 SECTION 1 DEFINED TERMS 
 1.1 Definitions. 

(a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the
Credit Agreement, and the following terms that are defined in the Code (as in effect on the date hereof) are used herein as so defined: Chattel Paper, Deposit Accounts, Documents, Electronic Chattel Paper, Equipment, Farm Products, Fixtures, General
Intangibles, Letter of Credit Rights, Money, Promissory Notes, Records, Securities, Securities Accounts, Security Entitlements, Supporting Obligations and Tangible Chattel Paper. 

(b) The following terms shall have the following meanings: 

  
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 “2007 Term Administrative Agent”: as defined in the recitals hereto.

 “2007 Term Collateral Agent”: as defined in the recitals hereto. 

“2007 Term Credit Agreement”: as defined in the recitals hereto. 

“2007 Term Guarantee and Collateral Agreement”: as defined in the recitals hereto. 

“2007 Term Loan Documents”: as defined in the Credit Agreement. 

“ABL Accounts Collateral”: all collateral consisting of the following: 

(1) the Concentration Account and all Designated Accounts Receivable; 

(2) to the extent involving or governing any of the items referred to in the preceding clause (1), all Documents, General
Intangibles and Instruments (including, without limitation, Promissory Notes), provided that to the extent any of the foregoing also relates to Cash Flow Facilities Priority Collateral, only that portion related to the items referred
to in the preceding clause (1) shall be included in the ABL Accounts Collateral; 
 (3) to the extent
evidencing or governing any of the items referred to in the preceding clauses (1) and (2), all Supporting Obligations; provided that to the extent any of the foregoing also relates to Cash Flow Facilities Priority Collateral, only
that portion related to the items referred to in the preceding clauses (1) and (2) shall be included in the ABL Accounts Collateral; 
 (4) all books and Records relating to the foregoing (including without limitation all books, databases, customer lists and Records, whether tangible or electronic, which contain any information relating
to any of the foregoing); and 
 (5) all collateral security and guarantees with respect to any of the foregoing
and all cash, Money, instruments, Chattel Paper, insurance proceeds, investment property, securities and financial assets directly received as proceeds of any ABL Accounts Collateral (“ABL Accounts Proceeds”);
provided, however, that no proceeds of ABL Accounts Proceeds will constitute ABL Accounts Collateral unless such proceeds of ABL Accounts Proceeds would otherwise constitute ABL Accounts Collateral. 

For the avoidance of doubt, under no circumstances shall Excluded Assets be ABL Accounts Collateral. 

“ABL Administrative Agent”: as defined in the recitals hereto. 

“ABL Borrowers”: as defined in the recitals hereto. 

“ABL Collateral”: the ABL Accounts Collateral and the ABL Priority Collateral. 

“ABL Collateral Agent”: as defined in the recitals hereto. 

  
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 “ABL Credit Agreement”: as defined in the recitals hereto. 

“ABL Guarantee and Collateral Agreement”: as defined in the recitals hereto. 

“ABL Lenders”: as defined in the recitals hereto. 

“ABL Loan Documents”: as defined in the Credit Agreement. 

“ABL Obligations”: as defined in the Intercreditor Agreement. 

“ABL Priority Collateral”: all Collateral consisting of the following: 

(1) all Inventory; 
 (2) all Vehicles constituting Eligible Transportation Equipment; 

(3) to the extent involving or governing any of the items referred to in the preceding clauses (1) and (2), all
Documents, General Intangibles and Instruments (including, without limitation, Promissory Notes), provided that to the extent any of the foregoing also relates to Cash Flow Facilities Priority Collateral, only that portion related to
the items referred to in the preceding clauses (1) and (2) shall be included in the ABL Priority Collateral; 
 (4) to the extent evidencing or governing any of the items referred to in the preceding clauses (1) through (3), all Supporting Obligations; provided that to the extent any of the
foregoing also relates to Cash Flow Facilities Priority Collateral, only that portion related to the items referred to in the preceding clauses (1) through (3) shall be included in the ABL Priority Collateral; 

(5) all books and Records relating to the foregoing (including without limitation all books, databases, customer lists and
Records, whether tangible or electronic, which contain any information relating to any of the foregoing); and 

(6) all collateral security and guarantees with respect to any of the foregoing and all cash, Money, instruments, Chattel
Paper, insurance proceeds, investment property, securities and financial assets directly received as proceeds of any ABL Priority Collateral (“ABL Priority Proceeds”); provided, however, that no proceeds
of ABL Priority Proceeds will constitute ABL Priority Collateral unless such proceeds of ABL Priority Proceeds would otherwise constitute ABL Priority Collateral. 
 For the avoidance of doubt, under no circumstances shall Excluded Assets be ABL Priority Collateral. 
 “ABS Collateral”: all property and assets that are pledged under any ABS Document or any document delivered pursuant thereto, provided that “ABS Collateral” shall
include property and assets pledged under any ABS Document after any amendment to the same only to the extent such property and assets are, or are of the same general type as, property and assets pledged on the Closing Date. 

  
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 “ABS Documents”: as defined in the Credit Agreement. 

“Accounts”: all accounts (as defined in the Code) of each Grantor, including, without limitation, all Accounts (as
defined in the Credit Agreement) and Accounts Receivable of such Grantor, but in any event excluding all Accounts that have been sold or otherwise transferred (and not transferred back to a Grantor) in connection with a Special Purpose Financing.

 “Accounts Receivable”: any right to payment for goods sold or leased or for services rendered, which is not
evidenced by an instrument (as defined in the Code) or Chattel Paper. 
 “Additional Agent”: as defined in the
Intercreditor Agreement. 
 “Additional Collateral Documents”: as defined in the Intercreditor Agreement.

 “Additional Obligations”: as defined in the Intercreditor Agreement. 

“Adjusted Net Worth”: of any Guarantor at any time, shall mean the greater of (x) $0 and (y) the amount by
which the fair saleable value of such Guarantor’s assets on the date of the respective payment hereunder exceeds its debts and other liabilities (including contingent liabilities, but without giving effect to any of its obligations under this
Agreement or any other Loan Document, the 2007 Term Credit Agreement or any 2007 Term Loan Document, the Revolving Credit Agreement or any Revolving Loan Document, the ABL Credit Agreement or any ABL Loan Document, any ABS Document, any CMBS Loan
Document or pursuant to its guarantee with respect to any Indebtedness then outstanding under the Senior Notes or the Senior Subordinated Notes) on such date. 
 “Administrative Agent”: as defined in the preamble hereto. 

“Agreement”: this Guarantee and Collateral Agreement, as the same may be amended, restated, supplemented, waived or
otherwise modified from time to time. 
 “Applicable Law”: as defined in subsection 9.8 hereto. 

“Asset Sales Proceeds Account”: shall mean one or more Deposit Accounts or Securities Accounts holding only the proceeds
of any sale or disposition of any Cash Flow Facilities Priority Collateral and the proceeds or investment thereof. 

“Bank Products Agreement”: any agreement pursuant to which a bank or other financial institution agrees to provide
treasury or cash management services (including, without limitation, controlled disbursements, automated clearinghouse transactions, return items, netting, overdrafts and interstate depository network services). 

“Bankruptcy Case”: (i) the Borrower or any of its Subsidiaries commencing any case, proceeding or other action
(A) under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking
to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking


  
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appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of its assets, or the Borrower or any of its Subsidiaries making a
general assignment for the benefit of its creditors; or (ii) there being commenced against the Borrower or any of its Subsidiaries any case, proceeding or other action of a nature referred to in clause (i) above which (A) results in
the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed, undischarged or unbonded for a period of 60 days. 
 “Borrower”: U.S. Foodservice, Inc. and any successor of U.S. Foodservice, Inc. pursuant to subsection 9.5. 
 “Borrower Obligations”: the collective reference to: all obligations and liabilities of the Borrower in respect of the unpaid principal of and interest on (including, without limitation,
interest accruing after the maturity of the Loans and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for
post-filing or post-petition interest is allowed in such proceeding) the Loans, and all other obligations and liabilities of the Borrower to the Secured Parties, whether direct or indirect, absolute or contingent, due or to become due, or now
existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, the Loans, the other Loan Documents, any Interest Rate Protection Agreement, Hedging Obligation or Bank Products Agreement entered into with
any Person who was at the time of entry into such agreement a Lender or an affiliate of any Lender, any Indebtedness of the Borrower or any of its Subsidiaries in respect of Management Guarantees as to which any Secured Party is a beneficiary, the
provision of cash management services by any Lender or an Affiliate thereof to the Borrower or any Subsidiary thereof, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest,
reimbursement obligations, amounts payable in connection with the provision of such cash management services or a termination of any transaction entered into pursuant to any such Interest Rate Protection Agreement or Hedging Obligation, fees,
indemnities, costs, expenses or otherwise (including, without limitation, all reasonable fees, expenses and disbursements of counsel to the Administrative Agent or any other Secured Party that are required to be paid by the Borrower pursuant to the
terms of the Credit Agreement or any other Loan Document). 
 “Cash Flow Facilities Priority Collateral”: all
Security Collateral other than ABL Collateral and all collateral security and guarantees with respect to any Cash Flow Facilities Priority Collateral and all cash, Money, instruments, securities and financial assets directly received as proceeds of
any Cash Flow Facilities Priority Collateral; provided, however, no proceeds of proceeds will constitute Cash Flow Facilities Priority Collateral unless such proceeds of proceeds would otherwise constitute Cash Flow
Facilities Priority Collateral or are credited to the Asset Sales Proceeds Account. For the avoidance of doubt, under no circumstances shall Excluded Assets be Cash Flow Facilities Priority Collateral. 

“CMBS Loan Collateral”: means: (a) all property and assets that are pledged, or that are required to be
pledged, or that it is contemplated may be pledged (including in any case at any time after the date hereof) under any CMBS Loan Document as in effect on the date hereof or any document delivered pursuant thereto, (b) all property and assets of
the same general type as any of the assets or property described in the foregoing clause (a) and (c) any related assets, in each case to the extent pledged from time to time under any CMBS Loan Document or any document delivered pursuant
thereto. 

  
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 “CMBS Loan Documents”: as defined in the Credit Agreement. 

“Code”: the Uniform Commercial Code as from time to time in effect in the State of New York. 

“Collateral”: as defined in Section 3; provided that, for purposes of subsection 6.5 and
Section 8, “Collateral” shall have the meaning assigned to such term in the Credit Agreement. 

“Collateral Account Bank”: Citicorp North America, Inc., an Affiliate thereof or another bank which at all times is a
Lender as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed). 
 “Collateral Agent”: as defined in the preamble hereto. 

“Collateral Proceeds Account”: shall mean a non-interest bearing cash collateral account established and maintained by
the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties. 

“Commitments”: as defined in the Credit Agreement. 

“Concentration Account”: as defined in the ABL Credit Agreement. 

“Contracts”: with respect to any Grantor, all contracts, agreements, instruments and indentures in any form and portions
thereof (except for contracts listed on Schedule 6 hereto), to which such Grantor is a party or under which such Grantor or any property of such Grantor is subject, as the same may from time to time be amended, supplemented, waived or
otherwise modified, including, without limitation, (i) all rights of such Grantor to receive moneys due and to become due to it thereunder or in connection therewith, (ii) all rights of such Grantor to damages arising thereunder and
(iii) all rights of such Grantor to perform and to exercise all remedies thereunder. 
 “Copyright
Licenses”: with respect to any Grantor, all United States written license agreements of such Grantor providing for the grant by or to such Grantor of any right under any United States copyright of such Grantor, other than agreements with
any Person who is an Affiliate or a Subsidiary of the Borrower or such Grantor, including, without limitation, any license agreements listed on Schedule 5 hereto, subject, in each case, to the terms of such license agreements, and the right
to prepare for sale, sell and advertise for sale, all Inventory now or hereafter covered by such licenses. 

“Copyrights”: with respect to any Grantor, all of such Grantor’s right, title and interest in and to all United
States copyrights, whether or not the underlying works of authorship have been published or registered, all United States copyright registrations and copyright applications, including, without limitation, any copyright registrations and copyright
applications listed on Schedule 5 hereto, and (i) all renewals thereof, (ii) all income, royalties, damages and payments 

  
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now and hereafter due and/or payable with respect thereto, including, without limitation, payments under all licenses entered into in connection therewith, and damages and payments for past or
future infringements thereof and (iii) the right to sue or otherwise recover for past, present and future infringements and misappropriations thereof. 
 “Credit Agreement”: has the meaning provided in the recitals hereto. 
 “Designated Accounts Receivable”: has the meaning specified in the ABL Guarantee and Collateral Agreement. 
 “Eligible Transportation Equipment”: as defined in the ABL Credit Agreement. 
 “Excluded Assets”: as defined in subsection 3.3. 

“Excluded Subsidiary”: as defined in the Credit Agreement. 

“Filings”: as defined in subsection 4.2.2 hereof. 

“Foreign Intellectual Property”: all non-U.S. Intellectual Property. 

“General Fund Account”: the general fund account of the relevant Grantor established at the same office of the
Collateral Account Bank as the Collateral Proceeds Account. 
 “Granting Parties”: as defined in the recitals
hereto. 
 “Grantor”: the Borrower, the Borrower’s Domestic Subsidiaries that are party hereto and any
other Subsidiary of the Borrower that from time to time is a party hereto (it being understood that no Excluded Subsidiary shall be required to be or become a party hereto). 
 “Guarantor Obligations”: with respect to any Guarantor, the collective reference to (i) the Obligations guaranteed by such Guarantor pursuant to Section 2 and (ii) all
obligations and liabilities of such Guarantor that may arise under or in connection with this Agreement or any other Loan Document to which such Guarantor is a party, any Interest Rate Protection Agreement, Hedging Obligation or Bank Products
Agreement entered into with any Person who was at the time of entry into such agreement a Lender or an affiliate of any Lender, any Indebtedness of the Borrower or any of its Subsidiaries in respect of Management Guarantees as to which any Secured
Party is a beneficiary, the provision of cash management services by any Lender or an Affiliate thereof to the Borrower or any Subsidiary thereof, or any other document made, delivered or given in connection therewith of such Guarantor, in each case
whether on account of guarantee obligations, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent, to the Other Representatives
or to the Lenders that are required to be paid by such Guarantor pursuant to the terms of this Agreement or any other Loan Document). 
 “Guarantors”: the collective reference to each Granting Party. 

“Instruments”: has the meaning specified in Article 9 of the Code, but excluding the Pledged Securities. 

  
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 “Intellectual Property”: with respect to any Grantor, the collective
reference to such Grantor’s Copyrights, Copyright Licenses, Patents, Patent Licenses, Trade Secrets, Trademarks and Trademark Licenses. 
 “Intercompany Note”: with respect to any Grantor, any promissory note in a principal amount in excess of $3,000,000 evidencing loans made by such Grantor to the Borrower or any of its
Subsidiaries. 
 “Intercreditor Agreement”: as defined in the recitals hereto. 

“Inventory”: with respect to any Grantor, all inventory (as defined in the Code) of such Grantor, including, without
limitation, all Inventory (as defined in the Credit Agreement) of such Grantor. 
 “Investment Property”: the
collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the Uniform Commercial Code in effect in the State of New York on the date hereof (other than any Capital Stock of any
Foreign Subsidiary in excess of 65% of any series of such stock and other than any Capital Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all
Pledged Securities. 
 “Issuers”: the collective reference to the Persons identified on Schedule 2 as
the issuers of Pledged Stock, together with any successors to such companies. 
 “Lender”: as defined in the
preamble hereto. 
 “Management Loans”: Indebtedness (including any extension, renewal or refinancing thereof)
outstanding at any time incurred by any Management Investors in connection with any purchases by them of Management Stock, which Indebtedness is entitled to the benefit of any Management Guarantee of the Borrower or any of its Subsidiaries.

 “Non-Lender Secured Parties”: the collective reference to any person who, at the time of entering into any
Interest Rate Protection Agreement or Hedging Obligation, Bank Products Agreement or Management Loan secured hereby, was a Lender or an affiliate of any Lender and their respective successors and assigns. 

“Obligations”: (i) in the case of the Borrower, its Borrower Obligations and (ii) in the case of each
Guarantor, its Guarantor Obligations. 
 “Ordinary Course Transferees”: as defined in subsection 4.2.2 hereof.

 “Patent Licenses”: with respect to any Grantor, all United States written license agreements of such Grantor
providing for the grant by or to such Grantor of any right under any United States patent, patent application, or patentable invention other than agreements with any Person who is an Affiliate or a Subsidiary of the Borrower or such Grantor,
including, without limitation, the license agreements listed on Schedule 5 hereto, subject, in each case, to the terms of such license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter
covered by such licenses. 

  
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 “Patents”: with respect to any Grantor, all of such Grantor’s right,
title and interest in and to all United States patents, patent applications and patentable inventions and all reissues and extensions thereof, including, without limitation, all patents and patent applications identified in Schedule 5 hereto,
and including, without limitation, (i) all inventions and improvements described and claimed therein, (ii) the right to sue or otherwise recover for any and all past, present and future infringements and misappropriations thereof,
(iii) all income, royalties, damages and other payments now and hereafter due and/or payable with respect thereto (including, without limitation, payments under all licenses entered into in connection therewith, and damages and payments for
past, present or future infringements thereof), and (iv) all other rights corresponding thereto in the United States and all reissues, divisions, continuations, continuations-in-part, substitutes, renewals, and extensions thereof, all
improvements thereon, and all other rights of any kind whatsoever of such Grantor accruing thereunder or pertaining thereto. 

“Pledged Collateral”: as to any Pledgor, the Pledged Securities now owned or at any time hereafter acquired by such
Pledgor, and any Proceeds thereof. 
 “Pledged Notes”: with respect to any Pledgor, all Intercompany Notes at
any time issued to, or held or owned by, such Pledgor. 
 “Pledged Securities”: the collective reference to the
Pledged Notes and the Pledged Stock. 
 “Pledged Stock”: with respect to any Pledgor, the shares of Capital
Stock listed on Schedule 2 as held by such Pledgor, together with any other shares of Capital Stock required to be pledged by such Pledgor pursuant to subsection 6.9 of the Credit Agreement, as well as any other shares, stock certificates,
options or rights of any nature whatsoever in respect of the Capital Stock of any Issuer that may be issued or granted to, or held by, such Pledgor while this Agreement is in effect (provided that in no event shall there be pledged,
nor shall any Pledgor be required to pledge, directly or indirectly, (i) more than 65% of any series of the outstanding Capital Stock of any Foreign Subsidiary, (ii) any of the Capital Stock of a Subsidiary of a Foreign Subsidiary and
(iii) de minimis shares of a Foreign Subsidiary held by any Pledgor as a nominee or in a similar capacity). 

“Pledgor”: the Borrower (with respect to Pledged Stock of the entities listed on Schedule 2 hereto and all other
Pledged Collateral of the Borrower) and each other Granting Party (with respect to Pledged Securities held by such Granting Party and all other Pledged Collateral of such Granting Party). 

“Proceeds”: all “proceeds” as such term is defined in Section 9-102(a)(64) of the Uniform Commercial Code
in effect in the State of New York on the date hereof and, in any event, Proceeds of Pledged Securities shall include, without limitation, all dividends or other income from the Pledged Securities, collections thereon or distributions or payments
with respect thereto. 
 “Restrictive Agreements”: as defined in subsection 3.3(a). 

“Revolving Administrative Agent”: as defined in the recitals hereto. 

  
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 “Revolving Borrowers”: as defined in the recitals hereto. 

“Revolving Collateral Agent”: as defined in the recitals hereto. 

“Revolving Credit Agreement”: as defined in the recitals hereto. 

“Revolving Guarantee and Collateral Agreement” as defined in the recitals hereto. 

“Revolving Lenders”: as defined in the recitals hereto. 

“Revolving Loan Documents”: as defined in the Credit Agreement. 

“Revolving Obligations”: as defined in the Intercreditor Agreement. 

“Secured Parties”: the collective reference to (i) the Administrative Agent and the Collateral Agent, (ii) the
Lenders, (iii) with respect to any Interest Rate Protection Agreement, Hedging Obligation or Bank Products Agreement with the Borrower or any of its Subsidiaries, any counterparty thereto that, at the time such agreement or arrangement was
entered into, was a Lender or an Affiliate of any Lender, (iv) with respect to any Management Loans, any lender thereof that, at the time such Indebtedness was extended (or agreement to extend such Indebtedness was entered into) was a Lender or
an Affiliate of any Lender and (v) their respective successors and assigns and their permitted transferees and endorsees. 

“Secured Party Representative”: as defined in the Intercreditor Agreement. 

“Security Collateral”: with respect to any Granting Party, means, collectively, the Collateral (if any) and the Pledged
Collateral (if any) of such Granting Party. 
 “Specified Asset”: as defined in subsection 4.2.2 hereof.

 “Term Loan Lenders”: as defined in the recitals hereto. 

“Term Obligations”: as defined in the Intercreditor Agreement. 

“Trade Secret Licenses”: with respect to any Grantor, all United States written license agreements of such Grantor
providing for the grant by or to such Grantor of any right under any trade secrets, including, without limitation, know how, processes, formulae, compositions, designs, and confidential business and technical information, and all rights of any kind
whatsoever accruing thereunder or pertaining thereto, other than agreements with any Person who is an Affiliate or a Subsidiary of the Borrower or such Grantor, subject, in each case, to the terms of such license agreements, and the right to prepare
for sale, sell and advertise for sale, all Inventory now or hereafter covered by such licenses. 
 “Trade
Secrets”: with respect to any Grantor, all of such Grantor’s right, title and interest in and to all United States trade secrets, including, without limitation, know-how, processes, formulae, compositions, designs, and confidential
business and technical information, and all rights of any kind whatsoever accruing thereunder or pertaining thereto, including, without limitation, (i) all income, royalties, damages and payments now and hereafter due and/or payable


  
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with respect thereto, including, without limitation, payments under all licenses, non-disclosure agreements and memoranda of understanding entered into in connection therewith, and damages and
payments for past or future misappropriations thereof, and (ii) the right to sue or otherwise recover for past, present or future misappropriations thereof. 
 “Trademark Licenses”: with respect to any Grantor, all written United States license agreements of such Grantor providing for the grant by or to such Grantor of any right under any United
States trademarks, service marks, trade names, trade dress or other indicia of trade origin or business identifiers with any other Person who is not an Affiliate or a Subsidiary of the Borrower or such Grantor, including, without limitation, the
license agreements listed on Schedule 5 hereto, subject, in each case, to the terms of such license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter covered by such licenses.

 “Trademarks”: with respect to any Grantor, all of such Grantor’s right, title and interest in and to
all United States trademarks, service marks, trade names, trade dress or other indicia of trade origin or business identifiers, trademark and service mark registrations, and applications for trademark or service mark registrations (except for
“intent to use” applications for trademark or service mark registrations filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, unless and until an Amendment to Allege Use or a Statement of Use under Sections
1(c) and 1(d) of said Act has been filed), and any renewals thereof, including, without limitation, each registration and application identified in Schedule 5 hereto, and including, without limitation, (i) the right to sue or otherwise
recover for any and all past, present and future infringements or dilutions thereof, (ii) all income, royalties, damages and other payments now and hereafter due and/or payable with respect thereto (including, without limitation, payments under
all licenses entered into in connection therewith, and damages and payments for past or future infringements thereof), and (iii) all other rights corresponding thereto in the United States and all other rights of any kind whatsoever of such
Grantor accruing thereunder or pertaining thereto in the United States, together in each case with the goodwill of the business connected with the use of, and symbolized by, each such trademark, service mark, trade name, trade dress or other indicia
of trade origin or business identifiers. 
 “Vehicles”: all vehicles consisting of refrigerated straight
trucks, tractor trucks, refrigerated van trailers, other trucks and trailers with refrigeration units, and other vans, trucks, tractors and trailers. 
 1.2 Other Definitional Provisions. 
 (a) The words “hereof”,
“herein”, “hereto” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section, Schedule and Annex
references are to this Agreement unless otherwise specified. 
 (b) The meanings given to terms defined herein shall be equally
applicable to both the singular and plural forms of such terms. 

  
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 (c) Where the context requires, terms relating to the Collateral, Pledged Collateral or
Security Collateral, or any part thereof, when used in relation to a Granting Party shall refer to such Granting Party’s Collateral, Pledged Collateral or Security Collateral or the relevant part thereof. 

(d) All references in this Agreement to any of the property described in the definition of the term “Collateral” or
“Pledged Collateral”, or to any Proceeds thereof, shall be deemed to be references thereto only to the extent the same constitute Collateral or Pledged Collateral, respectively. 

SECTION 2 GUARANTEE 
 2.1 Guarantee. 
 (a) Each of the Guarantors hereby, jointly and severally,
unconditionally and irrevocably, guarantees to the Administrative Agent, for the benefit of the Secured Parties, the prompt and complete payment and performance by the Borrower when due and payable (whether at the stated maturity, by acceleration or
otherwise) of the Borrower Obligations of the Borrower owed to the Secured Parties. 
 (b) Anything herein or in any other Loan
Document to the contrary notwithstanding, the maximum liability of each Guarantor hereunder and under the other Loan Documents shall in no event exceed the amount that can be guaranteed by such Guarantor under applicable law, including applicable
federal and state laws relating to the insolvency of debtors; provided that, to the maximum extent permitted under applicable law, it is the intent of the parties hereto that (x) the amount of the liability of any of the
Guarantors or any guarantee in respect of Indebtedness represented by the Senior Notes or the Senior Subordinated Notes shall be reduced before the amount of the liability of the respective Guarantor is reduced hereunder and (y) the rights of
contribution of each Guarantor provided in following subsection 2.2 be included as an asset of the respective Guarantor in determining the maximum liability of such Guarantor hereunder. 

(c) Each Guarantor agrees that the Borrower Obligations guaranteed by it hereunder may at any time and from time to time exceed the
amount of the liability of such Guarantor hereunder without impairing the guarantee contained in this Section 2 or affecting the rights and remedies of the Administrative Agent or any other Secured Party hereunder. 

(d) The guarantee contained in this Section 2 shall remain in full force and effect until the earliest to occur of (i) the
first date on which all the Loans, all other Borrower Obligations then due and owing, and the obligations of each Guarantor under the guarantee contained in this Section 2 then due and owing shall have been satisfied by payment in full in cash,
and the Commitments shall be terminated, notwithstanding that from time to time during the term of the Credit Agreement the Borrower may be free from any Borrower Obligations, (ii) as to any Guarantor, the sale or other disposition of all of
the Capital Stock of such Guarantor (to a Person other than the Borrower or a Subsidiary thereof) as permitted under the Credit Agreement or (iii) as to any Guarantor, the designation of such Guarantor as an Unrestricted Subsidiary. 


  
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 (e) No payment made by the Borrower, any of the Guarantors, any other guarantor or any other
Person or received or collected by the Administrative Agent or any other Secured Party from the Borrower, any of the Guarantors, any other guarantor or any other Person by virtue of any action or proceeding or any set-off or appropriation or
application at any time or from time to time in reduction of or in payment of any of the Borrower Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Guarantor hereunder which shall, notwithstanding any
such payment (other than any payment made by such Guarantor in respect of the Borrower Obligations or any payment received or collected from such Guarantor in respect of any of the Borrower Obligations), remain liable for the Borrower Obligations of
the Borrower guaranteed by it hereunder up to the maximum liability of such Guarantor hereunder until the earliest to occur of (i) the first date on which all the Loans, and all other Borrower Obligations then due and owing, are paid in full in
cash, and the Commitments are terminated, (ii) the sale or other disposition of all of the Capital Stock of such Guarantor (to a Person other than the Borrower or a Subsidiary thereof) as permitted under the Credit Agreement, or (iii) the
designation of such Guarantor as an Unrestricted Subsidiary. 
 2.2 Right of Contribution. Each Guarantor hereby agrees
that to the extent that a Guarantor shall have paid more than its proportionate share (based, to the maximum extent permitted by law, on the respective Adjusted Net Worths of the Guarantors on the date the respective payment is made) of any payment
made hereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder that has not paid its proportionate share of such payment. Each Guarantor’s right of contribution shall be subject
to the terms and conditions of subsection 2.3. The provisions of this subsection 2.2 shall in no respect limit the obligations and liabilities of any Guarantor to the Administrative Agent and the other Secured Parties, and each Guarantor shall
remain liable to the Administrative Agent and the other Secured Parties for the full amount guaranteed by such Guarantor hereunder. 
 2.3 No Subrogation. Notwithstanding any payment made by any Guarantor hereunder or any set-off or application of funds of any Guarantor by the Collateral Agent or any other Secured Party, no
Guarantor shall be entitled to be subrogated to any of the rights of the Collateral Agent or any other Secured Party against the Borrower or any other Guarantor or any collateral security or guarantee or right of offset held by the Collateral Agent
or any other Secured Party for the payment of the Borrower Obligations, nor shall any Guarantor seek or be entitled to seek any contribution or reimbursement from the Borrower or any other Guarantor in respect of payments made by such Guarantor
hereunder, until all amounts owing to the Collateral Agent and the other Secured Parties by the Borrower on account of the Borrower Obligations are paid in full in cash and the Commitments are terminated. If any amount shall be paid to any Guarantor
on account of such subrogation rights at any time when all of the Borrower Obligations shall not have been paid in full in cash or any of the Commitments shall remain in effect, such amount shall be held by such Guarantor in trust for the Collateral
Agent and the other Secured Parties, segregated from other funds of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be turned over to the Collateral Agent in the exact form received by such Guarantor (duly indorsed by such
Guarantor to the Collateral Agent, if required), to be held as collateral security for all of the Borrower Obligations (whether matured or unmatured) guaranteed by such Guarantor and/or then or at any time thereafter may be applied against any
Borrower Obligations, whether matured or unmatured, in such order as the Collateral Agent may determine. 

  
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 2.4 Amendments, etc. with respect to the Obligations. To the maximum extent permitted
by law, each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further assent by any Guarantor, any demand for payment of any of the Borrower Obligations
made by the Collateral Agent, the Administrative Agent or any other Secured Party may be rescinded by the Collateral Agent, the Administrative Agent or such other Secured Party and any of the Borrower Obligations continued, and the Borrower
Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended,
waived, modified, accelerated, compromised, subordinated, waived, surrendered or released by the Collateral Agent, the Administrative Agent or any other Secured Party, and the Credit Agreement and the other Loan Documents and any other documents
executed and delivered in connection therewith may be amended, waived, modified, supplemented or terminated, in whole or in part, as the Collateral Agent or the Administrative Agent (or the Required Lenders under the Credit Agreement or the
applicable Lenders(s), as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Collateral Agent, the Administrative Agent or any other Secured Party for the payment
of any of the Borrower Obligations may be sold, exchanged, waived, surrendered or released. None of the Collateral Agent, the Administrative Agent nor any other Secured Party shall have any obligation to protect, secure, perfect or insure any Lien
at any time held by it as security for any of the Borrower Obligations or for the guarantee contained in this Section 2 or any property subject thereto, except to the extent required by applicable law. 

2.5 Guarantee Absolute and Unconditional. Each Guarantor waives, to the maximum extent permitted by applicable law, any and all
notice of the creation, renewal, extension or accrual of any of the Borrower Obligations and notice of or proof of reliance by the Collateral Agent, the Administrative Agent or any other Secured Party upon the guarantee contained in this
Section 2 or acceptance of the guarantee contained in this Section 2; each of the Borrower Obligations, and any obligation contained therein, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended,
amended or waived, in reliance upon the guarantee contained in this Section 2; and all dealings between the Borrower and any of the Guarantors, on the one hand, and the Collateral Agent, the Administrative Agent and the other Secured Parties,
on the other hand, likewise shall be conclusively presumed to have been had or consummated in reliance upon the guarantee contained in this Section 2. Each Guarantor waives, to the maximum extent permitted by applicable law, diligence,
presentment, protest, demand for payment and notice of default or nonpayment to or upon the Borrower or any of the other Guarantors with respect to any of the Borrower Obligations. Each Guarantor understands and agrees, to the extent permitted by
law, that the guarantee contained in this Section 2 shall be construed as a continuing, absolute and unconditional guarantee of payment and not of collection. Each Guarantor hereby waives, to the maximum extent permitted by applicable law, any
and all defenses (other than any suit for breach of a contractual provision of any of the Loan Documents) that it may have arising out of or in connection with any and all of the following: (a) the validity or enforceability of the Credit
Agreement or any other Loan Document, any of the Borrower Obligations or any other collateral security therefor or guarantee or right of offset with respect thereto at any time or from time to time held by the Collateral Agent, the Administrative
Agent or any other Secured Party, (b) any defense, set-off or counterclaim (other than a defense of payment or performance) that may at any time be available to or be asserted by 

  
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the Borrower against the Collateral Agent, the Administrative Agent or any other Secured Party, (c) any change in the time, place, manner or place of payment, amendment, or waiver or
increase in any of the Obligations, (d) any exchange, taking, or release of Security Collateral, (e) any change in the structure or existence of the Borrower, (f) any application of Security Collateral to any of the Obligations,
(g) any law, regulation or order of any jurisdiction, or any other event, affecting any term of any Obligation or the rights of the Collateral Agent, the Administrative Agent or any other Secured Party with respect thereto, including, without
limitation: (i) the application of any such law, regulation, decree or order, including any prior approval, which would prevent the exchange of any currency (other than Dollars) for Dollars or the remittance of funds outside of such
jurisdiction or the unavailability of Dollars in any legal exchange market in such jurisdiction in accordance with normal commercial practice, (ii) a declaration of banking moratorium or any suspension of payments by banks in such jurisdiction
or the imposition by such jurisdiction or any Governmental Authority thereof of any moratorium on, the required rescheduling or restructuring of, or required approval of payments on, any indebtedness in such jurisdiction, (iii) any
expropriation, confiscation, nationalization or requisition by such country or any Governmental Authority that directly or indirectly deprives the Borrower of any assets or their use, or of the ability to operate its business or a material part
thereof, or (iv) any war (whether or not declared), insurrection, revolution, hostile act, civil strife or similar events occurring in such jurisdiction which has the same effect as the events described in clause (i), (ii) or
(iii) above (in each of the cases contemplated in clauses (i) through (iv) above, to the extent occurring or existing on or at any time after the date of this Agreement), or (h) any other circumstance whatsoever (other than
payment in full in cash of the Borrower Obligations guaranteed by it hereunder) (with or without notice to or knowledge of the Borrower or such Guarantor) that constitutes, or might be construed to constitute, an equitable or legal discharge of the
Borrower for the Borrower Obligations, or of such Guarantor under the guarantee contained in this Section 2, in bankruptcy or in any other instance. When making any demand hereunder or otherwise pursuing its rights and remedies hereunder
against any Guarantor, the Collateral Agent, the Administrative Agent and any other Secured Party may, but shall be under no obligation to, make a similar demand on or otherwise pursue such rights and remedies as it may have against the Borrower,
any other Guarantor or any other Person or against any collateral security or guarantee for the Borrower Obligations guaranteed by such Guarantor hereunder or any right of offset with respect thereto, and any failure by the Collateral Agent, the
Administrative Agent or any other Secured Party to make any such demand, to pursue such other rights or remedies or to collect any payments from the Borrower, any other Guarantor or any other Person or to realize upon any such collateral security or
guarantee or to exercise any such right of offset, or any release of the Borrower, any other Guarantor or any other Person or any such collateral security, guarantee or right of offset, shall not relieve any Guarantor of any obligation or liability
hereunder, and shall not impair or affect the rights and remedies, whether express, implied or available as a matter of law, of the Collateral Agent, the Administrative Agent or any other Secured Party against any Guarantor. For the purposes hereof
“demand” shall include the commencement and continuance of any legal proceedings. 
 2.6 Reinstatement. The
guarantee of any Guarantor contained in this Section 2 shall continue to be effective, or be reinstated, as the case may be, if at any time payment, or any part thereof, of any of the Borrower Obligations guaranteed by such Guarantor hereunder
is rescinded or must otherwise be restored or returned by the Collateral Agent, the Administrative Agent or any other Secured Party upon the insolvency, bankruptcy, dissolution, liquidation or


  
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reorganization of the Borrower or any Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, the Borrower or any
Guarantor or any substantial part of its property, or otherwise, all as though such payments had not been made. 
 2.7
Payments. Each Guarantor hereby guarantees that payments hereunder will be paid to the Administrative Agent without set-off or counterclaim, in Dollars (or in the case of any amount required to be paid in any other currency pursuant to the
requirements of the Credit Agreement or other agreement relating to the respective Obligations, such other currency), at the Administrative Agent’s office specified in subsection 10.2 of the Credit Agreement or such other address as may be
designated in writing by the Administrative Agent to such Guarantor from time to time in accordance with subsection 10.2 of the Credit Agreement. 
 SECTION 3 GRANT OF SECURITY INTEREST 
 3.1 Grant. Each Granting Party that
is a Grantor hereby grants, subject to existing licenses to use the Copyrights, Patents, Trademarks and Trade Secrets granted by such Grantor in the ordinary course of business, to the Collateral Agent, for the benefit of the Secured Parties, a
security interest in all of the Collateral of such Grantor, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations of such Grantor, except
as provided in subsection 3.3. The term “Collateral”, as to any Grantor, means the following property (wherever located) now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the
future may acquire any right, title or interest, except as provided in subsection 3.3: 
 (a) all Accounts
Receivable; 
 (b) all Chattel Paper; 

(c) all Contracts; 
 (d) all Documents; 
 (e) all Equipment (including, without
limitation, the Eligible Transportation Equipment); 
 (f) all Fixtures, 

(g) all General Intangibles; 
 (h) all Instruments; 
 (i) all Intellectual Property; 

(j) all Inventory; 
 (k) all Investment Property; 

  
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 (l) all books and records pertaining to any of the foregoing; 

(m) the Collateral Proceeds Account; and 

(n) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing and all collateral
security and guarantees given by any Person with respect to any of the foregoing; 
 provided that, in the case of each Grantor,
Collateral shall not include any Pledged Collateral, or any property or assets specifically excluded from Pledged Collateral (including any Capital Stock of any Foreign Subsidiary in excess of 65% of any series of such stock). 

3.2 Pledged Collateral. Each Granting Party that is a Pledgor hereby grants to the Collateral Agent, for the benefit of the
Secured Parties, a security interest in all of the Pledged Collateral of such Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, as collateral security for the prompt and complete performance when due
(whether at the stated maturity, by acceleration or otherwise) of the Obligations of such Pledgor, except as provided in subsection 3.3. 
 3.3 Certain Exceptions. No security interest is or will be granted pursuant hereto in any right, title or interest of any Granting Party under or in (collectively, the “Excluded
Assets”): 
 (a) any Instruments, Contracts, Chattel Paper, General Intangibles, Copyright Licenses,
Patent Licenses, Trademark Licenses, Trade Secret Licenses or other contracts or agreements with or issued by Persons other than the Borrower, a Restricted Subsidiary of the Borrower or an Affiliate thereof, (collectively, “Restrictive
Agreements”) that would otherwise be included in the Security Collateral (and such Restrictive Agreements shall not be deemed to constitute a part of the Security Collateral) for so long as, and to the extent that, the granting of such a
security interest pursuant hereto would result in a breach, default or termination of such Restrictive Agreements (in each case, except to the extent that, pursuant to the Code or other applicable law, the granting of security interests therein can
be made without resulting in a breach, default or termination of such Restrictive Agreements); 
 (b) any
Equipment or other property that would otherwise be included in the Security Collateral (and such Equipment or other property shall not be deemed to constitute a part of the Security Collateral) if such Equipment or other property is subject to a
Lien described in (x) clause (j) or clause (d) (with respect to a Lien described in clause (j)) of the definition of “Permitted Liens” in the ABL Credit Agreement, (y) subsection 7.2(h) or 7.2(o) (with respect to a Lien
described in subsection 7.2(h)) of the 2007 Term Credit Agreement or (z) subsection 7.2(h) or 7.2(o) (with respect to a Lien described in subsection 7.2(h)) of the Credit Agreement; 

(c) any property that would otherwise be included in the Security Collateral (and such property shall not be deemed to
constitute a part of the Security Collateral) if such property (x) has been sold or otherwise transferred in connection with (i) a Special Purpose Financing, (ii) a Sale and Leaseback Transaction the proceeds of which are applied
pursuant to subsection 3.4(b) of the Credit Agreement if and to the extent 

  
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required thereby or (iii) an Exempt Sale and Leaseback Transaction, (y) constitutes the Proceeds or products of any property that has been sold or otherwise transferred pursuant to such
Special Purpose Financing, Sale and Leaseback Transaction or Exempt Sale and Leaseback Transaction (other than any payments received by such Granting Party in payment for the sale and transfer of such property in such Special Purpose Financing, Sale
and Leaseback Transaction or Exempt Sale and Leaseback Transaction) or (z) is subject to any Liens securing Indebtedness incurred in compliance with subsection 7.1(b)(ix) of the Credit Agreement, or Liens permitted under subsection 7.2(k)(v) or
7.2(p)(xii) of the Credit Agreement; 
 (d) Capital Stock which is specifically excluded from the definition of
Pledged Stock by virtue of the proviso contained in the parenthetical to such definition; 
 (e) any of the
(i) ABS Collateral, (ii) CMBS Loan Collateral, and (iii) ABL Accounts Collateral; 
 (f) Foreign
Intellectual Property; 
 (g) Vehicles which are not Eligible Transportation Equipment; 

(h) those assets over which the granting of security interests in such assets would be prohibited by contract permitted
under the Credit Agreement, applicable law or regulation or the organizational documents of any non-wholly owned Subsidiary (including permitted liens, leases and licenses), or to the extent that such security interests would result in adverse tax
or accounting consequences as reasonably determined by the Borrower; or 
 (i) those assets as to which the
parties shall reasonably determine that the costs of obtaining such a security interest are excessive in relation to the value of the security interest to be afforded thereby. 
 3.4 Intercreditor Relations. Notwithstanding anything herein to the contrary, it is the understanding of the parties that the Liens granted pursuant to subsections 3.1 and 3.2 herein shall
(w) with respect to all Security Collateral other than Cash Flow Facilities Priority Collateral, prior to the Discharge of ABL Obligations (as defined in the Intercreditor Agreement), be subject and subordinate to the Liens granted to the ABL
Collateral Agent for the benefit of the holders of the ABL Obligations to secure the ABL Obligations pursuant to the relevant ABL Document (as defined in the Intercreditor Agreement), (x) with respect to all Security Collateral, prior to the
applicable Discharge of Additional Obligations (as defined in the Intercreditor Agreement), be pari passu and equal in priority to the Liens granted to any Additional Agent for the benefit of the holders of the applicable Additional Obligations to
secure such Additional Obligations pursuant to the applicable Additional Collateral Documents (as defined in the Intercreditor Agreement), (y) with respect to all Security Collateral, prior to the Discharge of Term Obligations (as defined in
the Intercreditor Agreement), be pari passu and equal in priority to Liens granted to secure the Term Obligations pursuant to the applicable Term Document (as defined in the Intercreditor Agreement) and (z) with respect to all Security
Collateral, prior to the Discharge of Revolving Obligations (as defined in the Intercreditor 

  
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Agreement), be pari passu and equal in priority to Liens granted to secure the Revolving Obligations pursuant to the applicable Revolving Document (as defined in the Intercreditor Agreement). The
Collateral Agent acknowledges and agrees that the relative priority of such Liens granted to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent and any Additional Agent may be determined
solely pursuant to the Intercreditor Agreement, and not by priority as a matter of law or otherwise. Notwithstanding anything herein to the contrary, the Liens and security interest granted to the Collateral Agent pursuant to this Agreement and the
exercise of any right or remedy by the Collateral Agent hereunder are subject to the provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the
Intercreditor Agreement shall govern and control as among the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent and any Additional Agent. Notwithstanding any other provision hereof, prior to
the Discharge of ABL Obligations (as defined in the Intercreditor Agreement), Discharge of Term Obligations (as defined in the Intercreditor Agreement), Discharge of Revolving Obligations (as defined in the Intercreditor Agreement) and Discharge of
Additional Obligations (as defined in the Intercreditor Agreement), any obligation hereunder to physically deliver to the Collateral Agent any Security Collateral shall be satisfied by causing such Security Collateral to be physically delivered to
the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, acting as agent of the Collateral Agent, to be held in
accordance with the Intercreditor Agreement; it being understood, however, that any Security Collateral delivered to the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party
Representative shall, to the extent separately agreed, by the 2007 Term Collateral Agent, the Revolving Collateral Agent, ABL Collateral Agent, Additional Agent or the Secured Party Representative, as the case may be, be delivered by the 2007 Term
Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as the case may be, to the Collateral Agent as bailee in accordance with the Intercreditor Agreement. 

SECTION 4 REPRESENTATIONS AND WARRANTIES 
 4.1 Representations and Warranties of Each Guarantor. To induce the Collateral Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective extensions
of credit to the Borrower thereunder, each Guarantor hereby represents and warrants to the Collateral Agent and each other Secured Party that the representations and warranties set forth in Section 4 of the Credit Agreement as they relate to
such Guarantor or to the Loan Documents to which such Guarantor is a party, each of which representations and warranties is hereby incorporated herein by reference, are true and correct in all material respects, and the Collateral Agent and each
other Secured Party shall be entitled to rely on each of such representations and warranties as if fully set forth herein; provided that each reference in each such representation and warranty to the Borrower’s knowledge shall,
for the purposes of this subsection 4.1, be deemed to be a reference to such Guarantor’s knowledge. 
 4.2
Representations and Warranties of Each Grantor. To induce the Collateral Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder, each Grantor
hereby represents and warrants to the Collateral Agent and each other Secured Party that, in each case, after giving effect to the Transactions: 

  
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 4.2.1 Title; No Other Liens. Except for the security interests
granted to the Collateral Agent for the benefit of the Secured Parties pursuant to this Agreement and the other Liens permitted to exist on such Grantor’s Collateral by the Credit Agreement (including, without limitation, subsection 7.2
thereof), such Grantor owns each item of such Grantor’s Collateral free and clear of any and all Liens. Except as set forth on Schedule 3, no currently effective financing statement or other similar public notice with respect to any Lien
on all or any part of such Grantor’s Collateral is on file or of record in any public office in the United States of America, any state, territory or dependency thereof or the District of Columbia, except such as have been filed in favor of the
Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement or as are permitted by the Credit Agreement (including, without limitation, subsection 7.2 thereof) or any other Loan Document or for which termination statements
will be delivered on the Closing Date. 
 4.2.2 Perfected First Priority Liens. 

(a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on
such Grantor’s Security Collateral in favor of the Collateral Agent for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar
laws relating to or affecting creditor’s rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 

(b) Except with regard to (i) Liens (if any) on Specified Assets and (ii) any rights reserved in favor of the United States
government as required by law (if any), upon the completion of the Filings and the delivery to and continuing possession by the Collateral Agent or the Secured Party Representative, acting as agent for the Collateral Agent for the purpose of
perfection, in accordance with the Intercreditor Agreement, of all Instruments, Chattel Paper and Documents a security interest in which is perfected by possession, and the obtaining and maintenance of “control” (as described in the Code)
by the Collateral Agent or the Secured Party Representative, acting as agent for the Collateral Agent for purposes of perfection, in accordance with the Intercreditor Agreement (or their respective agents appointed for purposes of perfection), of
the Collateral Proceeds Account and Electronic Chattel Paper, a security interest in which is perfected by “control,” the Liens created pursuant to this Agreement will constitute valid Liens on and (to the extent provided herein) perfected
security interests in such Grantor’s Security Collateral in favor of the Collateral Agent for the benefit of the Secured Parties, and will be prior to all other Liens of all other Persons other than Permitted Liens, and enforceable as such as
against all other Persons other than Ordinary Course Transferees, except to the extent that the recording of an assignment or other transfer of title to the Collateral Agent or the Secured Party Representative, as applicable, in accordance with the
Intercreditor Agreement or the recording of other applicable documents in the United States Patent and Trademark Office or United States Copyright Office may be necessary for perfection or enforceability, and except as enforceability may be limited
by applicable bankruptcy, insolvency, reorganization, moratorium 

  
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or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law) or by an
implied covenant of good faith and fair dealing. As used in this subsection 4.2.2(b), the following terms shall have the following meanings: 
 “Filings”: the filing or recording of (i) the Financing Statements as set forth in Schedule 3, (ii) this Agreement or a short form or notice thereof with respect to
Intellectual Property as set forth in Schedule 3, and (iii) any filings after the Closing Date in any other jurisdiction as may be necessary under any Requirement of Law. 

“Financing Statements”: the financing statements delivered to the Collateral Agent by such Grantor on the
Closing Date for filing in the jurisdictions listed in Schedule 4. 
 “Ordinary Course
Transferees”: (i) with respect to goods only, buyers in the ordinary course of business and lessees in the ordinary course of business to the extent provided in Section 9-320(a) and 9-321 of the Uniform Commercial Code as in
effect from time to time in the relevant jurisdiction, (ii) with respect to general intangibles only, licensees in the ordinary course of business to the extent provided in Section 9-321 of the Uniform Commercial Code as in effect from
time to time in the relevant jurisdiction and (iii) any other Person who is entitled to take free of the Lien pursuant to the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction. 

“Permitted Liens”: Liens permitted pursuant to the Loan Documents, including, without limitation, those
permitted to exist pursuant to subsection 7.2 of the Credit Agreement. 
 “Specified Assets”:
the following property and assets of such Grantor: 
 (1) Patents, Patent Licenses, Trademarks and Trademark
Licenses to the extent that (a) Liens thereon cannot be perfected by the filing of financing statements under the Uniform Commercial Code or by the filing and acceptance thereof in the United States Patent and Trademark Office or (b) such
Patents, Patent Licenses, Trademarks and Trademark Licenses are not, individually or in the aggregate, material to the business of the Borrower and its Subsidiaries taken as a whole; 

(2) Copyrights and Copyright Licenses and Accounts or receivables arising therefrom to the extent that the Uniform
Commercial Code as in effect from time to time in the relevant jurisdiction is not applicable to the creation or perfection of Liens thereon or Liens thereon cannot be perfected by the filing and acceptance of this Agreement or short form thereof in
the United States Copyright Office; 
 (3) Collateral for which the perfection of Liens thereon requires filings
in or other actions under the laws of jurisdictions outside of the United States of America, any State, territory or dependency thereof or the District of Columbia; 

(4) Contracts, Accounts or receivables subject to the Assignment of Claims Act; 

  
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 (5) goods included in Collateral received by any Person from any Grantor for
“sale or return” within the meaning of Section 2-326 of the Uniform Commercial Code of the applicable jurisdiction, to the extent of claims of creditors of such Person; 

(6) Eligible Transportation Equipment; 

(7) Proceeds of Accounts, receivables or Inventory which do not themselves constitute Collateral or which have not yet
been transferred to or deposited in the Collateral Proceeds Account (if any); 
 (8) Fixtures; and 

(9) uncertificated securities (to the extent a security interest therein is not perfected by the filing of a financing
statement). 
 4.2.3 Jurisdiction of Organization. On the date hereof, such Grantor’s jurisdiction of
organization is specified on Schedule 4. 
 4.2.4 Farm Products. None of such Grantor’s
Collateral constitutes, or is the Proceeds of, Farm Products. 
 4.2.5 Accounts Receivable. The amounts
represented by such Grantor to the Administrative Agent or the other Secured Parties from time to time as owing by each account debtor or by all account debtors in respect of such Grantor’s Accounts Receivable constituting Security Collateral
will at such time be the correct amount, in all material respects, actually owing by such account debtor or debtors thereunder, except to the extent that appropriate reserves therefor have been established on the books of such Grantor in accordance
with GAAP. Unless otherwise indicated in writing to the Administrative Agent, each Account Receivable of such Grantor arises out of a bona fide sale and delivery of goods or rendition of services by such Grantor. Such Grantor has not given any
account debtor any deduction in respect of the amount due under any such Account, except in the ordinary course of business or as such Grantor may otherwise advise the Administrative Agent in writing. 

4.2.6 Patents, Copyrights and Trademarks. Schedule 5 lists all material Trademarks, material Copyrights and
material Patents, in each case, registered in the United States Patent and Trademark Office or the United States Copyright Office, as applicable, and owned by such Grantor in its own name as of the date hereof, and all material Trademark Licenses,
all material Copyright Licenses and all material Patent Licenses (including, without limitation, material Trademark Licenses for registered Trademarks, material Copyright Licenses for registered Copyrights and material Patent Licenses for registered
Patents) owned by such Grantor in its own name as of the date hereof, in each case, that is solely United States Intellectual Property. 
 4.3 Representations and Warranties of Each Pledgor. To induce the Collateral Agent, the Administrative Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make
their respective extensions of credit to the Borrower thereunder, each Pledgor hereby represents and warrants to the Collateral Agent and each other Secured Party that: 

  
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 4.3.1 Except as provided in subsection 3.3, the shares of Pledged Stock
pledged by such Pledgor hereunder constitute (i) in the case of shares of a Domestic Subsidiary, all the issued and outstanding shares of all classes of the Capital Stock of such Domestic Subsidiary owned by such Pledgor and (ii) in the
case of any Pledged Stock constituting Capital Stock of any Foreign Subsidiary, such percentage (not more than 65%) as is specified on Schedule 2 of all the issued and outstanding shares of all classes of the Capital Stock of each such Foreign
Subsidiary owned by such Pledgor. 
 4.3.2 All the shares of the Pledged Stock pledged by such Pledgor hereunder
have been duly and validly issued and are fully paid and nonassessable (or the equivalent, if any, under applicable foreign law). 
 4.3.3 Such Pledgor is the record and beneficial owner of, and has good title to, the Pledged Securities pledged by it hereunder, free of any and all Liens or options in favor of, or claims of, any other
Person, except the security interest created by this Agreement and Liens arising by operation of law or permitted by the Credit Agreement (including, without limitation, pursuant to subsection 7.2 of the Credit Agreement). 

4.3.4 Except with respect to security interests in Pledged Securities (if any) constituting Specified Assets, upon the
delivery to the Collateral Agent or the Secured Party Representative acting as agent for the Collateral Agent for purposes of perfection, as applicable, in accordance with the Intercreditor Agreement, of the certificates evidencing the Pledged
Securities held by such Pledgor together with executed undated stock powers or other instruments of transfer, the security interest created in such Pledged Securities constituting certificated securities by this Agreement, assuming the continuing
possession of such Pledged Securities by the Collateral Agent or the Secured Party Representative so acting as agent, in accordance with the Intercreditor Agreement, will constitute a valid, perfected first priority (subject, in terms of priority
only, to the priority of the Liens of the ABL Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent or any Additional Agent) security interest in such Pledged Securities to the extent provided in and governed by the Code,
enforceable in accordance with its terms against all creditors of such Pledgor and any Persons purporting to purchase such Pledged Securities from such Pledgor, except as enforceability may be affected by bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and
fair dealing. 
 4.3.5 Except with respect to security interests in Pledged Securities (if any) constituting
Specified Assets, upon the obtaining and maintenance of “control” (as described in the Code) by the Collateral Agent or the Secured Party Representative, acting as agent for the Collateral Agent for purposes of perfection, as applicable,
in accordance with the Intercreditor Agreement (or their respective agents appointed for purposes of perfection), of all Pledged Securities that constitute uncertificated securities, the security interest created by this Agreement in such Pledged
Securities that constitute uncertificated securities, will constitute a valid, perfected first priority (subject, in terms of priority only, to the priority of the Liens of the ABL Collateral Agent, the 2007 Term


  
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Collateral Agent, the Revolving Collateral Agent or any Additional Agent) security interest in such Pledged Securities constituting uncertificated securities, enforceable in accordance with its
terms against all creditors of such Pledgor and any persons purporting to purchase such Pledged Securities from such Pledgor, to the extent provided in and governed by the Code, except as enforceability may be affected by bankruptcy, insolvency,
fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good
faith and fair dealing. 
 SECTION 5 COVENANTS 
 5.1 Covenants of Each Guarantor. Each Guarantor covenants and agrees with the Collateral Agent and the other Secured Parties that, from and after the date of this Agreement until the earliest to
occur of (i) the date upon which the Loans, and all other Obligations then due and owing, shall have been paid in full in cash, and the Commitments shall have terminated, (ii) as to any Guarantor, the date upon which all the Capital Stock
of such Guarantor shall have been sold or otherwise disposed of (to a Person other than the Borrower or any of its Restricted Subsidiaries) in accordance with the terms of the Credit Agreement, or (iii) as to any Guarantor, the designation of
such Guarantor as an Unrestricted Subsidiary, such Guarantor shall take, or shall refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused
by the failure to take such action or to refrain from taking such action by such Guarantor or any of its Subsidiaries that are Restricted Subsidiaries. 
 5.2 Covenants of Each Grantor. Each Grantor covenants and agrees with the Collateral Agent and the other Secured Parties that, from and after the date of this Agreement until the earlier to occur
of (i) the date upon which the Loans, and all other Obligations then due and owing shall have been paid in full in cash, and the Commitments shall have terminated, (ii) as to any Grantor, the date upon which all the Capital Stock of such
Grantor shall have been sold or otherwise disposed of (to a Person other than the Borrower or a Restricted Subsidiary) in accordance with the terms of the Credit Agreement, or (iii) as to any Grantor, the designation of such Grantor as an
Unrestricted Subsidiary: 
 5.2.1 Delivery of Instruments and Chattel Paper. If any amount payable under
or in connection with any of such Grantor’s Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Grantor shall (except as provided in the following sentence) be entitled to retain possession of all Collateral of such
Grantor evidenced by any Instrument or Chattel Paper, and shall hold all such Collateral in trust for the Collateral Agent, for the benefit of the Secured Parties. In the event that an Event of Default shall have occurred and be continuing, upon the
request of the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, such
Instrument or Chattel Paper shall be promptly delivered to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in
accordance with the Intercreditor 

  
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Agreement, duly indorsed in a manner satisfactory to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the
Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, to be held as Collateral pursuant to this Agreement. Such Grantor shall not permit any other Person to possess any such Collateral at any time other than in
connection with any sale or other disposition of such Collateral in a transaction permitted by the Credit Agreement. 
 5.2.2 Maintenance of Insurance. Such Grantor will use commercially reasonable efforts to maintain with insurance companies insurance on, or self insure, all property material to the business of the
Borrower and its Subsidiaries, taken as a whole, in at least such amounts and against at least such risks (but including in any event public liability, product liability and business interruption) as are consistent with the past practices of the
Borrower and its Subsidiaries or otherwise as are usually insured against in the same general area by companies engaged in the same or a similar business; furnish to the Collateral Agent, upon written request, information in reasonable detail as to
the insurance carried. 
 5.2.3 Payment of Obligations. Such Grantor will pay and discharge or otherwise
satisfy at or before maturity or before they become delinquent, as the case may be, all material taxes, assessments and governmental charges or levies imposed upon such Grantor’s Collateral or in respect of income or profits therefrom, as well
as all material claims of any kind (including, without limitation, material claims for labor, materials and supplies) against or with respect to such Grantor’s Collateral, except where the amount or validity thereof is currently being contested
in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of such Grantor and except to the extent that failure to do so, in the aggregate, would not reasonably be expected to
have a Material Adverse Effect. 
 5.2.4 Maintenance of Perfected Security Interest; Further
Documentation. 
 (a) Such Grantor shall maintain the security interest created by this Agreement in such
Grantor’s Collateral as a security interest having at least the perfection and priority described in subsection 4.2.2 hereof and shall defend such security interest against the claims and demands of all Persons whomsoever. 

(b) Such Grantor will furnish to the Collateral Agent from time to time statements and schedules further identifying and
describing such Grantor’s Collateral and such other reports in connection with such Grantor’s Collateral as the Collateral Agent may reasonably request in writing, all in reasonable detail. 

(c) At any time and from time to time, upon the written request of the Collateral Agent, and at the sole expense of such
Grantor, such Grantor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this
Agreement and of the rights and powers herein granted by such Grantor, including, without limitation, the filing of any financing or continuation statements under the Uniform Commercial Code (or other similar laws) in effect in any United States
jurisdiction with respect to the security interests created hereby. 

  
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 5.2.5 Changes in Name, Jurisdiction of Organization, etc. Such
Grantor will not, except upon not less than 30 days’ prior written notice to the Collateral Agent, change its name or jurisdiction of organization (whether by merger of otherwise); provided that, promptly after receiving a written
request therefor from the Collateral Agent, such Grantor shall deliver to the Collateral Agent all additional financing statements and other documents reasonably requested by the Collateral Agent to maintain the validity, perfection and priority of
the security interests as and to the extent provided for herein. 
 5.2.6 Notices. Such Grantor will
advise the Collateral Agent promptly, in reasonable detail, of: 
 (a) any Lien (other than security interests
created hereby or Liens permitted under the Credit Agreement or Liens described in the definition of “Permitted Lien” in the Credit Agreement) on any of such Grantor’s Collateral which would materially adversely affect the ability of
the Collateral Agent to exercise any of its remedies hereunder; and 
 (b) the occurrence of any other event
which would reasonably be expected to have a material adverse effect on the security interests created hereby. 

5.2.7 Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be
bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of
the events described in subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it
pursuant to subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it. 
 5.2.8 Accounts
Receivable. 
 (a) With respect to Accounts Receivable constituting Collateral, other than in the ordinary
course of business or as permitted by the Loan Documents, such Grantor will not (i) grant any extension of the time of payment of any of such Grantor’s Accounts Receivable, (ii) compromise or settle any such Account Receivable for
less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Account Receivable, (iv) allow any credit or discount whatsoever on any such Account Receivable or (v) amend, supplement
or modify any Account Receivable unless such extensions, compromises, settlements, releases, credits or discounts would not reasonably be expected to materially adversely affect the value of the Accounts Receivable constituting Collateral taken as a
whole. 
 (b) Such Grantor will deliver to the Collateral Agent a copy of each material demand, notice or
document received by it that questions or calls into doubt the validity or enforceability of more than 10% of the aggregate amount of the then outstanding Accounts Receivable. 

  
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 5.2.9 Maintenance of Records. Such Grantor will keep and maintain at
its own cost and expense reasonably satisfactory and complete records of its Collateral, including, without limitation, a record of all payments received and all credits granted with respect to such Collateral, and shall mark such records to
evidence this Agreement and the Liens and the security interests created hereby. 
 5.2.10 Acquisition of
Intellectual Property. Within 90 days after the end of each calendar year, such Grantor will notify the Collateral Agent of any acquisition by such Grantor of (i) any registration of any material United States Copyright, Patent or Trademark
or (ii) any exclusive rights under a material United States Copyright License, Patent License or Trademark License constituting Collateral, and shall take such actions as may be reasonably requested by the Collateral Agent (but only to the
extent such actions are within such Grantor’s control) to perfect the security interest granted to the Collateral Agent and the other Secured Parties therein, to the extent provided herein in respect of any United States Copyright, Patent or
Trademark constituting Collateral on the date hereof, by (x) the execution and delivery of an amendment or supplement to this Agreement (or amendments to any such agreement previously executed or delivered by such Grantor) and/or (y) the
making of appropriate filings (I) of financing statements under the Uniform Commercial Code of any applicable jurisdiction and/or (II) in the United States Patent and Trademark Office, or with respect to Copyrights and Copyright Licenses,
another applicable United States office. 
 5.2.11 Protection of Trade Secrets. Such Grantor shall take
all steps which it deems commercially reasonable to preserve and protect the secrecy of all material Trade Secrets of such Grantor. 
 5.3 Covenants of Each Pledgor. Each Pledgor covenants and agrees with the Collateral Agent and the other Secured Parties that, from and after the date of this Agreement until the earlier to occur
of (i) the Loans, and all other Obligations then due and owing shall have been paid in full in cash and the Commitments shall have terminated, (ii) as to any Pledgor, all the Capital Stock of such Pledgor shall have been sold or otherwise
disposed of (to a Person other than the Borrower or a Restricted Subsidiary) in accordance with the terms of the Credit Agreement, or (iii) the designation of such Pledgor as an Unrestricted Subsidiary. 

5.3.1 Additional Shares. If such Pledgor shall, as a result of its ownership of its Pledged Stock, become entitled
to receive or shall receive any stock certificate (including, without limitation, any stock certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate
issued in connection with any reorganization), stock option or similar rights in respect of the Capital Stock of any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of the Pledged Stock, or
otherwise in respect thereof, such Pledgor shall accept the same as the agent of the Collateral Agent and the other Secured Parties, hold the same in trust for the Collateral Agent and the other Secured Parties and deliver the same forthwith to the
Collateral Agent (who will 

  
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hold the same on behalf of the Secured Parties), the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party
Representative, as applicable, in accordance with the Intercreditor Agreement, in the exact form received, duly indorsed by such Pledgor to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral
Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, if required, together with an undated stock power covering such certificate duly executed in blank by such Grantor, to be
held by the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, subject
to the terms hereof, as additional collateral security for the Obligations (subject to subsection 3.3 of this Agreement and provided that in no event shall there be pledged, nor shall any Pledgor be required to pledge, more than 65% of
any series of the outstanding Capital Stock of any Foreign Subsidiary pursuant to this Agreement). Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of any Issuer (except any liquidation or dissolution of any
Subsidiary of the Borrower in accordance with the Credit Agreement) shall be paid over to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party
Representative, as applicable, in accordance with the Intercreditor Agreement, to be held by the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party
Representative, as applicable, in accordance with the Intercreditor Agreement, subject to the terms hereof as additional collateral security for the Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged
Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the property so distributed shall,
unless otherwise subject to a perfected security interest in favor of the Collateral Agent, be delivered to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the
Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, to be held by the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the
Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, subject to the terms hereof as additional collateral security for the Obligations, in each case except as otherwise provided by the Intercreditor Agreement.
If any sums of money or property so paid or distributed in respect of the Pledged Stock shall be received by such Pledgor, such Pledgor shall, until such money or property is paid or delivered to the Collateral Agent, the 2007 Term Collateral Agent,
the Revolving Collateral Agent, the ABL Collateral Agent or any Additional Agent, as applicable, in accordance with the Intercreditor Agreement, hold such money or property in trust for the Secured Parties, segregated from other funds of such
Pledgor, as additional collateral security for the Obligations. 
 5.3.2 Maintenance of Pledged Stock.
Without the prior written consent of the Collateral Agent, such Pledgor will not (except as permitted by the Credit Agreement) (i) vote to enable, or take any other action to permit, any Issuer to issue any stock or other


  
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equity securities of any nature or to issue any other securities convertible into, or granting the right to purchase or exchange for, any stock or other equity securities of any nature of any
Issuer, (ii) sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, the Pledged Securities or Proceeds thereof, (iii) create, incur or permit to exist any Lien or option in favor of, or any material
adverse claim of any Person with respect to, any of the Pledged Securities or Proceeds thereof, or any interest therein, except for the security interests created by this Agreement or Liens arising by operation of law, or (iv) enter into any
agreement or undertaking restricting the right or ability of such Pledgor or the Collateral Agent to sell, assign or transfer any of the Pledged Securities or Proceeds thereof. 

5.3.3 Pledged Notes. Such Pledgor shall, on the date of this Agreement (or on such later date upon which it becomes
a party hereto pursuant to subsection 9.15), deliver to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent or the ABL Collateral Agent or any Additional Agent, as applicable, in accordance with the Intercreditor
Agreement, all Pledged Notes then held by such Pledgor (excluding any Pledged Note the principal amount of which does not exceed $3,000,000), endorsed in blank or, at the request of the Collateral Agent, the 2007 Term Collateral Agent, the Revolving
Collateral Agent, the ABL Collateral Agent, any Additional Agent of the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, endorsed to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving
Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement. Furthermore, within ten Business Days after any Pledgor obtains a Pledged Note with
a principal amount in excess of $3,000,000, such Pledgor shall cause such Pledged Note to be delivered to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent or the ABL Collateral Agent, any Additional Agent or the
Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, endorsed in blank or, at the request of the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any
Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, endorsed to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any
Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement. 
 5.3.4 Maintenance of Security Interest. Such Pledgor shall maintain the security interest created by this Agreement in such Pledgor’s Pledged Collateral as a security interest having at least
the perfection and priority described in subsection 4.3.4 or 4.3.5 of this Agreement, as applicable, and shall defend such security interest against the claims and demands of all Persons whomsoever. At any time and from time to time, upon the
written request of the Collateral Agent and at the sole expense of such Pledgor, such Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent may reasonably
request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted by such Pledgor. 

  
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 SECTION 6 REMEDIAL PROVISIONS 

6.1 Certain Matters Relating to Accounts. 
 (a) At any time and from time to time after the occurrence and during the continuance of an Event of Default, the Collateral Agent shall have the right to make test verifications of the Accounts
Receivable constituting Collateral in any reasonable manner and through any reasonable medium that it reasonably considers advisable, and the relevant Grantor shall furnish all such assistance and information as the Collateral Agent may reasonably
require in connection with such test verifications. At any time and from time to time after the occurrence and during the continuance of an Event of Default, upon the Collateral Agent’s reasonable request and at the expense of the relevant
Grantor, such Grantor shall cause independent public accountants or others reasonably satisfactory to the Collateral Agent to furnish to the Collateral Agent reports showing reconciliations, aging and test verifications of, and trial balances for,
the Accounts Receivable constituting Collateral. 
 (b) The Collateral Agent hereby authorizes each Grantor to collect such
Grantor’s Accounts Receivable constituting Collateral and the Collateral Agent may curtail or terminate said authority at any time after the occurrence and during the continuance of an Event of Default specified in subsection 8(a) of the Credit
Agreement. If required by the Collateral Agent at any time after the occurrence and during the continuance of an Event of Default specified in subsection 8(a) of the Credit Agreement, any Proceeds constituting payments or other cash proceeds of
Accounts Receivables constituting Collateral, when collected by such Grantor, (i) shall be forthwith (and, in any event, within two Business Days of receipt by such Grantor) deposited in, or otherwise transferred by such Grantor to, the
Collateral Proceeds Account, subject to withdrawal by the Collateral Agent for the account of the Secured Parties only as provided in subsection 6.5 hereof, and (ii) until so turned over, shall be held by such Grantor in trust for the
Collateral Agent and the other Secured Parties, segregated from other funds of such Grantor. All Proceeds constituting collections or other cash proceeds of Accounts Receivable constituting Collateral while held by the Collateral Account Bank (or by
any Grantor in trust for the benefit of the Collateral Agent and the other Secured Parties) shall continue to be collateral security for all of the Obligations and shall not constitute payment thereof until applied as hereinafter provided. At any
time when an Event of Default specified in subsection 8(a) of the Credit Agreement has occurred and is continuing, at the Collateral Agent’s election, each of the Collateral Agent and the Administrative Agent may apply all or any part of the
funds on deposit in the Collateral Proceeds Account established by the relevant Grantor to the payment of the Obligations of such Grantor then due and owing, such application to be made as set forth in subsection 6.5 hereof. So long as no Event
of Default has occurred and is continuing, the funds on deposit in the Collateral Proceeds Account shall be remitted as provided in subsection 6.1(d) hereof. 
 (c) At any time and from time to time after the occurrence and during the continuance of an Event of Default specified in subsection 8(a) of the Credit Agreement, at the Collateral Agent’s request,
each Grantor shall deliver to the Collateral Agent copies or, if required by the Collateral Agent for the enforcement thereof or foreclosure thereon, originals of all documents held by such Grantor evidencing, and relating to, the agreements and
transactions which gave rise to such Grantor’s Accounts Receivable constituting Collateral, including, without limitation, all statements relating to such Grantor’s Accounts Receivable constituting Collateral and all orders, invoices and
shipping receipts. 

  
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 (d) So long as no Event of Default has occurred and is continuing, the Collateral Agent
shall instruct the Collateral Account Bank to promptly remit any funds on deposit in each Grantor’s Collateral Proceeds Account to such Grantor’s General Fund Account or any other account designated by such Grantor. In the event that an
Event of Default has occurred and is continuing, the Collateral Agent and the Grantors agree that the Collateral Agent, at its option, may require that each Collateral Proceeds Account and the General Fund Account of each Grantor be established at
the Collateral Agent. Each Grantor shall have the right, at any time and from time to time, to withdraw such of its own funds from its own General Fund Account, and to maintain such balances in its General Fund Account, as it shall deem to be
necessary or desirable. 
 6.2 Communications with Obligors; Grantors Remain Liable. 

(a) The Collateral Agent in its own name or in the name of others, may at any time and from time to time after the occurrence and during
the continuance of an Event of Default specified in subsection 8(a) of the Credit Agreement, communicate with obligors under the Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting
Collateral) to verify with them to the Collateral Agent’s satisfaction the existence, amount and terms of any Accounts Receivable or Contracts. 
 (b) Upon the request of the Collateral Agent at any time after the occurrence and during the continuance of an Event of Default specified in subsection 8(a) of the Credit Agreement, each Grantor shall
notify obligors on such Grantor’s Accounts Receivable and parties to such Grantor’s Contracts (in each case, to the extent constituting Collateral) that such Accounts Receivable and Contracts have been assigned to the Collateral Agent, for
the benefit of the Secured Parties, and that payments in respect thereof shall be made directly to the Collateral Agent. 
 (c)
Anything herein to the contrary notwithstanding, each Grantor shall remain liable under each of such Grantor’s Accounts Receivable to observe and perform all the conditions and obligations to be observed and performed by it thereunder, all in
accordance with the terms of any agreement giving rise thereto. None of the Collateral Agent, the Administrative Agent or any other Secured Party shall have any obligation or liability under any Account Receivable (or any agreement giving rise
thereto) by reason of or arising out of this Agreement or the receipt by the Collateral Agent or any other Secured Party of any payment relating thereto, nor shall the Collateral Agent or any other Secured Party be obligated in any manner to perform
any of the obligations of any Grantor under or pursuant to any Account Receivable (or any agreement giving rise thereto) to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the
sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts that may have been assigned to it or to which it may be entitled at any time
or times. 

  
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 6.3 Pledged Stock. 

(a) Unless an Event of Default shall have occurred and be continuing and the Collateral Agent shall have given notice to the relevant
Pledgor of the Collateral Agent’s intent to exercise its corresponding rights pursuant to subsection 6.3(b) of this Agreement, each Pledgor shall be permitted to receive all cash dividends and distributions paid in respect of the Pledged Stock
(subject to the last two sentences of subsection 5.3.1 of this Agreement) and all payments made in respect of the Pledged Notes, to the extent permitted in the Credit Agreement, and to exercise all voting and corporate rights with respect to the
Pledged Stock; provided, however, that no vote shall be cast or corporate right exercised or such other action taken (other than in connection with a transaction expressly permitted by the Credit Agreement) which, in the
Collateral Agent’s reasonable judgment, would materially impair the Pledged Stock or the related rights or remedies of the Secured Parties or which would be inconsistent with or result in any violation of any provision of the Credit Agreement,
this Agreement or any other Loan Document. 
 (b) If an Event of Default shall occur and be continuing and the Collateral Agent
shall give notice of its intent to exercise such rights to the relevant Pledgor or Pledgors, (i) the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured
Party Representative, as applicable, in accordance with the Intercreditor Agreement, shall have the right to receive any and all cash dividends, payments or other Proceeds paid in respect of the Pledged Stock and make application thereof to the
Obligations of the relevant Pledgor in such order as is provided in subsection 6.5 of this Agreement, and (ii) any or all of the Pledged Stock shall be registered in the name of the Collateral Agent, the 2007 Term Collateral Agent, the
Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, or the respective nominee of any thereof, as applicable, in accordance with the Intercreditor Agreement, and the Collateral Agent, the
2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, or the respective nominee of any thereof, as applicable, in accordance with the Intercreditor Agreement,
may thereafter exercise (x) all voting, corporate and other rights pertaining to such Pledged Stock at any meeting of shareholders of the relevant Issuer or Issuers or otherwise and (y) any and all rights of conversion, exchange,
subscription and any other rights, privileges or options pertaining to such Pledged Stock as if it were the absolute owner thereof (including, without limitation, the right to exchange at its discretion any and all of the Pledged Stock upon the
merger, consolidation, reorganization, recapitalization or other fundamental change in the corporate structure of any Issuer, or upon the exercise by the relevant Pledgor or the Collateral Agent, the 2007 Term Collateral Agent, the Revolving
Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, of any right, privilege or option pertaining to such Pledged Stock, and in
connection therewith, the right to deposit and deliver any and all of the Pledged Stock with any committee, depository, transfer agent, registrar or other designated agency upon such terms and conditions as the Collateral Agent, the 2007 Term
Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, may reasonably determine), all without liability
(other than for its gross negligence or willful misconduct) except to account for property actually received by it, but the Collateral Agent, the 2007 Term Collateral Agent, the 

  
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Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, shall have no duty,
to any Pledgor to exercise any such right, privilege or option and shall not be responsible for any failure to do so or delay in so doing, provided that the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral
Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement, shall not exercise any voting or other consensual rights pertaining to the Pledged Stock in any
way that would constitute an exercise of the remedies described in subsection 6.6 hereof other than in accordance with subsection 6.6 hereof. 
 (c) Each Pledgor hereby authorizes and instructs each Issuer or maker of any Pledged Securities pledged by such Pledgor hereunder to (i) comply with any instruction received by it from the Collateral
Agent in writing that (x) states that an Event of Default has occurred and is continuing and (y) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from such Pledgor, and each Pledgor
agrees that each Issuer or maker shall be fully protected in so complying, and (ii) unless otherwise expressly permitted hereby, pay any dividends or other payments with respect to the Pledged Securities directly to the Collateral Agent.

 6.4 Proceeds to be Turned Over to the Collateral Agent. In addition to the rights of the Collateral Agent and the
other Secured Parties specified in subsection 6.1 of this Agreement with respect to payments of Accounts Receivable constituting Collateral, if an Event of Default shall occur and be continuing, and the Collateral Agent shall have instructed any
Grantor to do so, all Proceeds of Collateral received by such Grantor consisting of cash, checks and other Cash Equivalent items shall be held by such Grantor in trust for the Collateral Agent and the other Secured Parties hereto, the 2007 Term
Collateral Agent and the other Secured Parties (as defined in the 2007 Term Guarantee and Collateral Agreement), the Revolving Collateral Agent and the other Secured Parties (as defined in the Revolving Guarantee and Collateral Agreement), the ABL
Collateral Agent and the other Secured Parties (as defined in the ABL Guarantee and Collateral Agreement), any Additional Agent and the other applicable Additional Secured Parties (as defined in the Intercreditor Agreement) or the Secured Party
Representative, as applicable, in accordance with the Intercreditor Agreement, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Collateral Agent, the 2007 Term Collateral Agent,
the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as applicable, in accordance with the Intercreditor Agreement (or their respective agents appointed for purposes of perfection), in
the exact form received by such Grantor (duly indorsed by such Grantor to the Collateral Agent, the 2007 Term Collateral Agent, the Revolving Collateral Agent, the ABL Collateral Agent, any Additional Agent or the Secured Party Representative, as
applicable, in accordance with the Intercreditor Agreement, if required). All Proceeds of Collateral received by the Collateral Agent hereunder shall be held by the Collateral Agent in the relevant Collateral Proceeds Account maintained under its
sole dominion and control. All Proceeds of Collateral while held by the Collateral Agent in such Collateral Proceeds Account (or by the relevant Grantor in trust for the Collateral Agent and the other Secured Parties) shall continue to be held as
collateral security for all the Obligations of such Grantor and shall not constitute payment thereof until applied as provided in subsection 6.5 of this Agreement. 

  
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 6.5 Application of Proceeds. It is agreed that if an Event of Default shall occur and
be continuing, any and all Proceeds of the relevant Granting Party’s Collateral (as defined in the Credit Agreement) received by the Collateral Agent (whether from the relevant Granting Party or otherwise) shall be held by the Collateral Agent
for the benefit of the Secured Parties as collateral security for the Obligations of the relevant Granting Party (whether matured or unmatured), and/or then or at any time thereafter may, in the sole discretion of the Collateral Agent, be applied by
the Collateral Agent against the Obligations of the relevant Granting Party then due and owing in the order of priority set forth in the Intercreditor Agreement. 
 6.6 Code and Other Remedies. If an Event of Default shall occur and be continuing, the Collateral Agent, on behalf of the Secured Parties, may exercise, in addition to all other rights and remedies
granted to them in this Agreement and in any other instrument or agreement securing, evidencing or relating to the Obligations to the extent permitted by applicable law, all rights and remedies of a secured party under the Code or any other
applicable law. Without limiting the generality of the foregoing, to the extent permitted by applicable law, the Collateral Agent, without demand of performance or other demand, presentment, protest, advertisement or notice of any kind (except any
notice required by law referred to below) to or upon any Granting Party or any other Person (all and each of which demands, defenses, advertisements and notices are hereby waived), may in such circumstances, forthwith (subject to the terms of any
documentation governing any Special Purpose Financing) collect, receive, appropriate and realize upon the Security Collateral, or any part thereof, and/or may forthwith, subject to any existing reserved rights or licenses, sell, lease, assign, give
option or options to purchase, or otherwise dispose of and deliver the Security Collateral or any part thereof (or contract to do any of the foregoing), in one or more parcels at public or private sale or sales, at any exchange, broker’s board
or office of the Collateral Agent or any other Secured Party or elsewhere upon such terms and conditions as it may deem advisable and at such prices as it may deem best, for cash or on credit or for future delivery without assumption of any credit
risk. The Collateral Agent or any other Secured Party shall have the right, to the extent permitted by law, upon any such sale or sales, to purchase the whole or any part of the Security Collateral so sold, free of any right or equity of redemption
in such Granting Party, which right or equity is hereby waived and released. Each Granting Party further agrees, at the Collateral Agent’s request (subject to the terms of any documentation governing any Special Purpose Financing), to assemble
the Security Collateral and make it available to the Collateral Agent at places which the Collateral Agent shall reasonably select, whether at such Granting Party’s premises or elsewhere. The Collateral Agent shall apply the net proceeds of any
action taken by it pursuant to this subsection 6.6, after deducting all reasonable costs and expenses of every kind incurred in connection therewith or incidental to the care or safekeeping of any of the Security Collateral or in any way relating to
the Security Collateral or the rights of the Collateral Agent and the other Secured Parties hereunder, including, without limitation, reasonable attorneys’ fees and disbursements, to the payment in whole or in part of the Obligations of the
relevant Granting Party then due and owing, in the order of priority specified in subsection 6.5 above, and only after such application and after the payment by the Collateral Agent of any other amount required by any provision of law, including,
without limitation, Section 9-615(a)(3) of the Code, need the Collateral Agent account for the surplus, if any, to such Granting Party. To the extent permitted by applicable law, (i) such Granting Party waives all claims, damages and
demands it may acquire against the Collateral Agent or any other Secured Party arising out of the repossession, retention or sale of the Security Collateral, other than any such claims, damages and demands that may arise from


  
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the gross negligence or willful misconduct of any of the Collateral Agent or such other Secured Party, and (ii) if any notice of a proposed sale or other disposition of Security Collateral
shall be required by law, such notice shall be deemed reasonable and proper if given at least 10 days before such sale or other disposition. 
 6.7 Registration Rights. 
 (a) If the Collateral Agent shall determine to
exercise its right to sell any or all of the Pledged Stock pursuant to subsection 6.6 hereof, and if in the reasonable opinion of the Collateral Agent it is necessary or reasonably advisable to have the Pledged Stock, or that portion thereof to be
sold, registered under the provisions of the Securities Act, the relevant Pledgor will use its reasonable best efforts to cause the Issuer thereof to (i) execute and deliver, and use its best efforts to cause the directors and officers of such
Issuer to execute and deliver, all such instruments and documents, and do or cause to be done all such other acts as may be, in the reasonable opinion of the Collateral Agent, necessary or advisable to register such Pledged Stock, or that portion
thereof to be sold, under the provisions of the Securities Act, (ii) use its reasonable best efforts to cause the registration statement relating thereto to become effective and to remain effective for a period of not more than one year from
the date of the first public offering of such Pledged Stock, or that portion thereof to be sold, and (iii) make all amendments thereto and/or to the related prospectus which, in the reasonable opinion of the Collateral Agent, are necessary or
advisable, all in conformity with the requirements of the Securities Act and the rules and regulations of the Securities and Exchange Commission applicable thereto. Such Pledgor agrees to use its reasonable best efforts to cause such Issuer to
comply with the provisions of the securities or “Blue Sky” laws of any and all states and the District of Columbia that the Collateral Agent shall reasonably designate and to make available to its security holders, as soon as practicable,
an earnings statement (which need not be audited) that will satisfy the provisions of Section 11(a) of the Securities Act. 

(b) Such Pledgor recognizes that the Collateral Agent may be unable to effect a public sale of any or all such Pledged Stock, by reason
of certain prohibitions contained in the Securities Act and applicable state securities laws or otherwise, and may be compelled to resort to one or more private sales thereof to a restricted group of purchasers which will be obliged to agree, among
other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof. Such Pledgor acknowledges and agrees that any such private sale may result in prices and other terms less
favorable than if such sale were a public sale and, notwithstanding such circumstances, to the extent permitted by applicable law, agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner. The
Collateral Agent shall be under no obligation to delay a sale of any of the Pledged Stock for the period of time necessary to permit the Issuer thereof to register such securities for public sale under the Securities Act, or under applicable state
securities laws, even if such Issuer would agree to do so. 
 (c) Such Pledgor agrees to use its reasonable best efforts to do
or cause to be done all such other acts as may be necessary to make such sale or sales of all or any portion of such Pledged Stock pursuant to this subsection 6.7 valid and binding and in compliance with any and all other applicable Requirements of
Law. Such Pledgor further agrees that a breach of any of the covenants contained in this subsection 6.7 will cause irreparable injury to the Collateral 

  
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Agent and the Lenders, that the Collateral Agent and the Lenders have no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained in this
subsection 6.7 shall be specifically enforceable against such Pledgor, and to the extent permitted by applicable law, such Pledgor hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants
except for a defense that no Event of Default has occurred or is continuing under the Credit Agreement. 
 6.8 Waiver;
Deficiency. Each Granting Party shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Security Collateral are insufficient to pay in full, the Loans and, to the extent then due and owing, all other
Obligations of such Granting Party and the reasonable fees and disbursements of any attorneys employed by the Collateral Agent or any other Secured Party to collect such deficiency. 

SECTION 7 THE COLLATERAL AGENT 
 7.1 Collateral Agent’s Appointment as Attorney-in-Fact, etc. 
 (a)
Each Granting Party hereby irrevocably constitutes and appoints the Collateral Agent and any authorized officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in
the place and stead of such Granting Party and in the name of such Granting Party or in its own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and
instruments that may be reasonably necessary or desirable to accomplish the purposes of this Agreement to the extent permitted by applicable law, provided that the Collateral Agent agrees not to exercise such power except upon the
occurrence and during the continuance of any Event of Default. Without limiting the generality of the foregoing, at any time when an Event of Default has occurred and is continuing (in each case to the extent permitted by applicable law),
(x) each Pledgor hereby gives the Collateral Agent the power and right, on behalf of such Pledgor, without notice or assent by such Pledgor, to execute, in connection with any sale provided for in subsection 6.6 or 6.7, any endorsements,
assessments or other instruments of conveyance or transfer with respect to such Pledgor’s Pledged Collateral, and (y) each Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice to or
assent by such Grantor, to do any or all of the following: 
 (i) subject to the terms of any documentation
governing any Special Purpose Financing in the name of such Grantor or its own name, or otherwise, take possession of and indorse and collect any checks, drafts, notes, acceptances or other instruments for the payment of moneys due under any Account
Receivable of such Grantor that constitutes Collateral or with respect to any other Collateral of such Grantor and file any claim or take any other action or institute any proceeding in any court of law or equity or otherwise deemed appropriate by
the Collateral Agent for the purpose of collecting any and all such moneys due under any Account Receivable of such Grantor that constitutes Collateral or with respect to any other Collateral of such Grantor whenever payable; 

(ii) in the case of any Copyright, Patent, or Trademark constituting Collateral of such Grantor, execute and deliver any
and all agreements, 

  
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instruments, documents and papers as the Collateral Agent may reasonably request to such Grantor to evidence the Collateral Agent’s and the Lenders’ security interest in such Copyright,
Patent, or Trademark and the goodwill and general intangibles of such Grantor relating thereto or represented thereby; 
 (iii) pay or discharge taxes and Liens, other than Liens permitted under this Agreement or the other Loan Documents, levied or placed on the Collateral of such Grantor, effect any repairs or any insurance
called for by the terms of this Agreement and pay all or any part of the premiums therefor and the costs thereof; and 
 (iv) subject to the terms of any documentation governing any Special Purpose Financing, (A) direct any party liable for any payment under any of the Collateral of such Grantor to make payment of any
and all moneys due or to become due thereunder directly to the Collateral Agent or as the Collateral Agent shall direct; (B) ask or demand for, collect, receive payment of and receipt for, any and all moneys, claims and other amounts due or to
become due at any time in respect of or arising out of any Collateral of such Grantor; (C) sign and indorse any invoices, freight or express bills, bills of lading, storage or warehouse receipts, drafts against debtors, assignments,
verifications, notices and other documents in connection with any of the Collateral of such Grantor; (D) commence and prosecute any suits, actions or proceedings at law or in equity in any court of competent jurisdiction to collect the
Collateral of such Grantor or any portion thereof and to enforce any other right in respect of any Collateral of such Grantor; (E) defend any suit, action or proceeding brought against such Grantor with respect to any Collateral of such
Grantor; (F) settle, compromise or adjust any such suit, action or proceeding described in clause (E) above and, in connection therewith, to give such discharges or releases as the Collateral Agent may deem appropriate; (G) subject to
any existing reserved rights or licenses, assign any Copyright, Patent or Trademark constituting Collateral of such Grantor (along with the goodwill of the business to which any such Copyright, Patent or Trademark pertains), for such term or terms,
on such conditions, and in such manner, as the Collateral Agent shall in its sole discretion determine; and (H) generally, sell, transfer, pledge and make any agreement with respect to or otherwise deal with any of the Collateral of such
Grantor as fully and completely as though the Collateral Agent were the absolute owner thereof for all purposes, and do, at the Collateral Agent’s option and such Grantor’s expense, at any time, or from time to time, all acts and things
which the Collateral Agent deems necessary to protect, preserve or realize upon the Collateral of such Grantor and the Collateral Agent’s and the other Secured Parties’ security interests therein and to effect the intent of this Agreement,
all as fully and effectively as such Grantor might do. 
 (b) The reasonable expenses of the Collateral Agent incurred in
connection with actions undertaken as provided in this subsection 7.1, together with interest thereon at a rate per annum equal to the rate per annum at which interest would then be payable on past due ABR Loans that are Revolving Credit Loans under
the Revolving Credit Agreement, from the date of payment by the Collateral Agent to the date reimbursed by the relevant Granting Party, shall be payable by such Granting Party to the Collateral Agent on demand. 

  
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 (c) Each Granting Party hereby ratifies all that said attorney shall lawfully do or cause to
be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable as to the relevant Granting Party until this Agreement is terminated as to such Granting Party, and the
security interests in the Security Collateral of such Granting Party created hereby are released. 
 7.2 Duty of Collateral
Agent. The Collateral Agent’s sole duty with respect to the custody, safekeeping and physical preservation of the Security Collateral in its possession, under Section 9-207 of the Code or otherwise, shall be to deal with it in the same
manner as the Collateral Agent deals with similar property for its own account. Neither the Collateral Agent, any other Secured Party nor any of their respective officers, directors, employees or agents shall be liable for failure to demand, collect
or realize upon any of the Security Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Security Collateral upon the request of any Granting Party or any other Person or, except as otherwise
provided herein, to take any other action whatsoever with regard to the Security Collateral or any part thereof. The powers conferred on the Collateral Agent and the other Secured Parties hereunder are solely to protect the Collateral Agent’s
and the other Secured Parties’ interests in the Security Collateral and shall not impose any duty upon the Collateral Agent or any other Secured Party to exercise any such powers. The Collateral Agent and the other Secured Parties shall be
accountable only for amounts that they actually receive as a result of the exercise of such powers, and neither they nor any of their officers, directors, employees or agents shall be responsible to any Granting Party for any act or failure to act
hereunder, except as otherwise provided herein or for their own gross negligence or willful misconduct. 
 7.3 Execution of
Financing Statements. Pursuant to any applicable law, each Granting Party authorizes the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to such Granting Party’s
Security Collateral without the signature of such Granting Party in such form and in such filing offices as the Collateral Agent reasonably determines appropriate to perfect the security interests of the Collateral Agent under this Agreement. Each
Granting Party authorizes the Collateral Agent to use any collateral description reasonably determined by the Collateral Agent, including without limitation the collateral description “all personal property” or “all assets” in
any such financing statements. The Collateral Agent agrees to notify the relevant Granting Party of any financing or continuation statement filed by it; provided that any failure to give such notice shall not affect the validity or
effectiveness of any such filing. 
 7.4 Authority of Collateral Agent. Each Granting Party acknowledges that the rights
and responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or
remedy provided for herein or resulting or arising out of this Agreement or any amendment, supplement or other modification of this Agreement shall, as between the Collateral Agent and the Secured Parties, be governed by the Credit Agreement and by
such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Granting Parties, the Collateral 

  
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Agent shall be conclusively presumed to be acting as agent for the Secured Parties with full and valid authority so to act or refrain from acting, and no Granting Party shall be under any
obligation, or entitlement, to make any inquiry respecting such authority. 
 7.5 Right of Inspection. Upon reasonable
written advance notice to any Grantor and as often as may reasonably be desired, or at any time and from time to time after the occurrence and during the continuation of an Event of Default, the Collateral Agent shall have reasonable access during
normal business hours to all the books, correspondence and records of such Grantor, and the Collateral Agent and its representatives may examine the same, and to the extent reasonable take extracts therefrom and make photocopies thereof, and such
Grantor agrees to render to the Collateral Agent, at such Grantor’s reasonable cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall also have
the right, upon reasonable advance written notice to such Grantor subject to any lease restrictions, to enter during normal business hours into and upon any premises owned, leased or operated by such Grantor where any of such Grantor’s
Inventory or Equipment is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein. 
 SECTION 8 NON-LENDER SECURED PARTIES 
 8.1 Rights to Collateral.

 (a) The Non-Lender Secured Parties shall not have any right whatsoever to do any of the following: (i) exercise any
rights or remedies with respect to the Collateral (such term, as used in this Section 8, having the meaning assigned to it in the Credit Agreement), including, without limitation, the right to (A) enforce any Liens or sell or otherwise
foreclose on any portion of the Collateral, (B) request any action, institute any proceedings, exercise any voting rights, give any instructions, make any election, notice account debtors or make collections with respect to all or any portion
of the Collateral or (C) release any Guarantor under this Agreement or release any Collateral from the Liens of any Security Document or consent to or otherwise approve any such release; (ii) demand, accept or obtain any Lien on any
Collateral (except for Liens arising under, and subject to the terms of, this Agreement); (iii) vote in any Bankruptcy Case or similar proceeding in respect of the Borrower or any of its Subsidiaries (any such proceeding, for purposes of this
clause (a), a “Bankruptcy”) with respect to, or take any other actions concerning the Collateral; (iv) receive any proceeds from any sale, transfer or other disposition of any of the Collateral (except in accordance with this
Agreement); (v) oppose any sale, transfer or other disposition of the Collateral; (vi) object to any debtor-in-possession financing in any Bankruptcy which is provided by one or more Lenders among others (including on a priming basis under
Section 364(d) of the Bankruptcy Code); (vii) object to the use of cash collateral in respect of the Collateral in any Bankruptcy; or (viii) seek, or object to the Lenders seeking on an equal and ratable basis, any adequate protection
or relief from the automatic stay with respect to the Collateral in any Bankruptcy. 
 (b) Each Non-Lender Secured Party, by its
acceptance of the benefits of this Agreement and the other Security Documents, agrees that in exercising rights and remedies with respect to the Collateral, the Collateral Agent and the Lenders, with the consent of the Collateral Agent, may enforce
the provisions of the Security Documents and exercise remedies thereunder 

  
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and under any other Loan Documents (or refrain from enforcing rights and exercising remedies), all in such order and in such manner as they may determine in the exercise of their sole business
judgment. Such exercise and enforcement shall include, without limitation, the rights to collect, sell, dispose of or otherwise realize upon all or any part of the Collateral, to incur expenses in connection with such collection, sale, disposition
or other realization and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code of any applicable jurisdiction. The Non-Lender Secured Parties by their acceptance of the benefits of this Agreement and the other
Security Documents hereby agree not to contest or otherwise challenge any such collection, sale, disposition or other realization of or upon all or any of the Collateral. Whether or not a Bankruptcy Case has been commenced, the Non-Lender Secured
Parties shall be deemed to have consented to any sale or other disposition of any property, business or assets of the Borrower or any of its Subsidiaries and the release of any or all of the Collateral from the Liens of any Security Document in
connection therewith. 
 (c) Notwithstanding any provision of this subsection 8.1, the Non-Lender Secured Parties shall be
entitled to file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other pleadings (A) in order to prevent any Person from seeking to foreclose on the Collateral or supersede the
Non-Lender Secured Parties’ claim thereto or (B) in opposition to any motion, claim, adversary proceeding or other pleading made by any Person objecting to or otherwise seeking the disallowance of the claims of the Non-Lender Secured
Parties. 
 (d) Each Non-Lender Secured Party, by its acceptance of the benefit of this Agreement, agrees that the Collateral
Agent and the Lenders may deal with the Collateral, including any exchange, taking or release of Collateral, may change or increase the amount of the Borrower Obligations and/or the Guarantor Obligations, and may release any Guarantor from its
Obligations hereunder, all without any liability or obligation (except as may be otherwise expressly provided herein) to the Non-Lender Secured Parties. 
 8.2 Appointment of Agent. Each Non-Lender Secured Party, by its acceptance of the benefits of this Agreement and the other Security Documents, shall be deemed irrevocably to make, constitute and
appoint the Collateral Agent, as agent under the Credit Agreement (and all officers, employees or agents designated by the Collateral Agent) as such Person’s true and lawful agent and attorney-in-fact, and in such capacity, the Collateral Agent
shall have the right, with power of substitution for the Non-Lender Secured Parties and in each such Person’s name or otherwise, to effectuate any sale, transfer or other disposition of the Collateral. It is understood and agreed that the
appointment of the Collateral Agent as the agent and attorney-in-fact of the Non-Lender Secured Parties for the purposes set forth herein is coupled with an interest and is irrevocable. It is understood and agreed that the Collateral Agent has
appointed the Administrative Agent as its agent for purposes of perfecting certain of the security interests created hereunder and for otherwise carrying out certain of its obligations hereunder. 

8.3 Waiver of Claims. To the maximum extent permitted by law, each Non-Lender Secured Party waives any claim it might have against
the Collateral Agent or the Lenders with respect to, or arising out of, any action or failure to act or any error of judgment, negligence, or mistake or oversight whatsoever on the part of the Collateral Agent or the Lenders or their respective
directors, officers, employees or agents with respect to any exercise of rights or 

  
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remedies under the Loan Documents or any transaction relating to the Collateral (including, without limitation, any such exercise described in subsection 8.1(b) above), except for any such action
or failure to act which constitutes willful misconduct or gross negligence of such Person. Neither the Collateral Agent nor any Lender nor any of their respective directors, officers, employees or agents shall be liable for failure to demand,
collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower, any Subsidiary of the Borrower, any Non-Lender Secured Party
or any other Person or to take any other action or forbear from doing so whatsoever with regard to the Collateral or any part thereof, except for any such action or failure to act which constitutes willful misconduct or gross negligence of such
Person. 
 SECTION 9 MISCELLANEOUS 
 9.1 Amendments in Writing. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by each affected
Granting Party and the Collateral Agent, provided that (a) any provision of this Agreement imposing obligations on any Granting Party may be waived by the Collateral Agent in a written instrument executed by the Collateral Agent
and (b) notwithstanding anything to the contrary in subsection 10.1 of the Credit Agreement, no such waiver and no such amendment or modification shall amend, modify or waive the definition of “Secured Party” or subsection 6.5 if such
waiver, amendment, or modification would adversely affect a Secured Party, without the written consent of each such affected Secured Party. For the avoidance of doubt, it is understood and agreed that any amendment, amendment and restatement,
waiver, supplement or other modification of or to the Intercreditor Agreement that would have the effect, directly or indirectly, through any reference herein to the Intercreditor Agreement or otherwise, of waiving, amending, supplementing or
otherwise modifying this Agreement, or any term or provision hereof, or any right or obligation of any Granting Party hereunder or in respect hereof, shall not be given such effect except pursuant to a written instrument executed by each affected
Granting Party and the Collateral Agent in accordance with this subsection 9.1. 
 9.2 Notices. All notices, requests and
demands to or upon the Collateral Agent or any Granting Party hereunder shall be effected in the manner provided for in subsection 10.2 of the Credit Agreement; provided that any such notice, request or demand to or upon any Guarantor
shall be addressed to such Guarantor at its notice address set forth on Schedule 1, unless and until such Guarantor shall change such address by notice to the Collateral Agent and the Administrative Agent given in accordance with
subsection 10.2 of the Credit Agreement. 
 9.3 No Waiver by Course of Conduct; Cumulative Remedies. Neither of the
Collateral Agent nor any other Secured Party shall by any act (except by a written instrument pursuant to subsection 9.1), delay, indulgence, omission or otherwise be deemed to have waived any right or remedy hereunder or to have acquiesced in any
Default or Event of Default. No failure to exercise, nor any delay in exercising, on the part of the Collateral Agent or any other Secured Party, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial
exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Collateral Agent or any other Secured Party of any right or remedy
hereunder on any one 

  
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occasion shall not be construed as a bar to any right or remedy which the Collateral Agent or such other Secured Party would otherwise have on any future occasion. The rights and remedies herein
provided are cumulative, may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by law. 
 9.4 Enforcement Expenses; Indemnification. 
 (a) Each Guarantor jointly and
severally agrees to pay or reimburse each Secured Party and the Collateral Agent for all their respective reasonable costs and expenses incurred in collecting against any Guarantor under the guarantee contained in Section 2 or otherwise
enforcing or preserving any rights under this Agreement against such Guarantor and the other Loan Documents to which such Guarantor is a party, including, without limitation, the reasonable fees and disbursements of counsel to the Secured Parties,
the Collateral Agent and the Administrative Agent. 
 (b) Each Grantor jointly and severally agrees to pay, and to save the
Collateral Agent, the Administrative Agent and the other Secured Parties harmless from, (x) any and all liabilities with respect to, or resulting from any delay in paying, any and all stamp, excise, sales or other similar taxes which may be
payable or determined to be payable with respect to any of the Security Collateral or in connection with any of the transactions contemplated by this Agreement and (y) any and all liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement (collectively, the “indemnified
liabilities”), in each case to the extent the Borrower would be required to do so pursuant to subsection 10.5 of the Credit Agreement, and in any event excluding any taxes or other indemnified liabilities arising from gross negligence or
willful misconduct of the Collateral Agent, the Administrative Agent or any other Secured Party. 
 (c) The agreements in this
subsection 9.4 shall survive repayment of the Obligations and all other amounts payable under the Credit Agreement and the other Loan Documents. 
 9.5 Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the Granting Parties, the Collateral Agent and the Secured Parties and their respective successors
and assigns; provided that no Granting Party may assign, transfer or delegate any of its rights or obligations under this Agreement without the prior written consent of the Collateral Agent. 

9.6 Set-Off. Each Guarantor hereby irrevocably authorizes each of the Administrative Agent and the Collateral Agent and each other
Secured Party at any time and from time to time without notice to such Guarantor, any other Guarantor or the Borrower, any such notice being expressly waived by each Guarantor and by the Borrower, to the extent permitted by applicable law, upon the
occurrence and during the continuance of an Event of Default under subsection 8(a) of the Credit Agreement so long as any amount remains unpaid after it becomes due and payable by such Guarantor hereunder, to set-off and appropriate and apply
against any such amount any and all deposits (general or special, time or demand, provisional or final) (other than the Collateral Proceeds Account), in any currency, and any other credits, indebtedness or claims, in any currency, in each case
whether direct or indirect, absolute 

  
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or contingent, matured or unmatured, at any time held or owing by the Collateral Agent, the Administrative Agent or such other Secured Party to or for the credit or the account of such Guarantor,
or any part thereof in such amounts as the Collateral Agent, the Administrative Agent or such other Secured Party may elect. The Collateral Agent, the Administrative Agent and each other Secured Party shall notify such Guarantor promptly of any such
set-off and the application made by the Collateral Agent, the Administrative Agent or such other Secured Party of the proceeds thereof; provided that the failure to give such notice shall not affect the validity of such set-off and
application. The rights of the Collateral Agent, the Administrative Agent and each other Secured Party under this subsection 9.6 are in addition to other rights and remedies (including, without limitation, other rights of set-off) which the
Collateral Agent, the Administrative Agent or such other Secured Party may have. 
 9.7 Counterparts. This Agreement may
be executed by one or more of the parties to this Agreement on any number of separate counterparts (including by telecopy), and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

9.8 Severability. Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction; provided that, with respect to any Pledged Stock issued by a Foreign Subsidiary, all rights, powers and remedies provided in this Agreement may be exercised only to the extent that they do not
violate any provision of any law, rule or regulation of any Governmental Authority applicable to any such Pledged Stock or affecting the legality, validity or enforceability of any of the provisions of this Agreement against the Pledgor (such laws,
rules or regulations, “Applicable Law”) and are intended to be limited to the extent necessary so that they will not render this Agreement invalid, unenforceable or not entitled to be recorded, registered or filed under the
provisions of any Applicable Law. 
 9.9 Section Headings. The Section headings used in this Agreement are for
convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof. 
 9.10 Integration. This Agreement and the other Loan Documents represent the entire agreement of the Granting Parties, the Collateral Agent, the Administrative Agent and the other Secured Parties
with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties by the Granting Parties, the Collateral Agent or any other Secured Party relative to subject matter hereof not expressly set forth or
referred to herein or in the other Loan Documents. 
 9.11 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS
OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES
ARE NOT MANDATORILY APPLICABLE BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION. 

  
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 9.12 Submission to Jurisdiction; Waivers. Each party hereto hereby irrevocably and
unconditionally: 
 (a) submits for itself and its property in any legal action or proceeding relating to this Agreement and the
other Loan Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the nonexclusive general jurisdiction of the courts of the State of New York, the courts of the United States of America for
the Southern District of New York, and appellate courts from any thereof; 
 (b) consents that any such action or
proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not
to plead or claim the same; 
 (c) agrees that service of process in any such action or proceeding may be effected by mailing a
copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to such party at its address referred to in subsection 9.2 or at such other address of which the Collateral Agent and the Administrative Agent
(in the case of any other party hereto) or the Borrower (in the case of the Collateral Agent and the Administrative Agent) shall have been notified pursuant thereto; 
 (d) agrees that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit the right to sue in any other jurisdiction; and 

(e) waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding
referred to in this subsection 9.12 any punitive damages. 
 9.13 Acknowledgments. Each Granting Party hereby
acknowledges that: 
 (a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the
other Loan Documents to which it is a party; 
 (b) none of the Collateral Agent, the Administrative Agent nor any other Secured
Party has any fiduciary relationship with or duty to any Guarantor arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Guarantors, on the one hand, and the Collateral Agent, the
Administrative Agent and the other Secured Parties, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and 
 (c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among the Secured Parties or among the Guarantors and the
Secured Parties. 
 9.14 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY
JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN. 

  
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 9.15 Additional Granting Parties. Each new Subsidiary of the Borrower that is
required to become a party to this Agreement pursuant to subsection 6.9(a) of the Credit Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in
substantially the form of Annex 2 hereto. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any new Subsidiary of the Borrower pursuant to subsection 6.9(a) of the Credit Agreement shall become
a Pledgor with respect thereto upon execution and delivery by such Granting Party of a Supplemental Agreement in substantially the form of Annex 3 hereto. 
 9.16 Releases. 
 (a) At such time as the Loans and the other Obligations
(other than any Obligations owing to a Non-Lender Secured Party) then due and owing shall have been paid in full and the Commitments have been terminated, all Security Collateral shall be released from the Liens created hereby, and this Agreement
and all obligations (other than those expressly stated to survive such termination) of the Collateral Agent and each Granting Party hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all
rights to the Security Collateral shall revert to the Granting Parties. At the request and sole expense of any Granting Party following any such termination, the Collateral Agent shall deliver to such Granting Party any Security Collateral held by
the Collateral Agent hereunder, and the Collateral Agent and the Administrative Agent shall execute and deliver to such Granting Party such documents (including without limitation UCC termination statements) as such Granting Party shall reasonably
request to evidence such termination. 
 (b) In connection with any sale or other disposition of Security Collateral permitted
by the Credit Agreement (other than any sale or disposition to another Grantor), the Lien pursuant to this Agreement on such sold or disposed of Security Collateral shall be automatically released. In connection with the sale or other disposition of
all of the Capital Stock of any Guarantor (other than to the Borrower or a Restricted Subsidiary) or the sale or other disposition of Security Collateral (other than a sale or disposition to another Grantor) permitted under the Credit Agreement, the
Collateral Agent shall, upon receipt from the Borrower of a written request for the release of such Guarantor from its Guarantee or the release of the Security Collateral subject to such sale or other disposition, identifying such Guarantor or the
relevant Security Collateral and the terms of the sale or other disposition in reasonable detail, including the price thereof and any expenses in connection therewith, together with a certification by the Borrower stating that such transaction is in
compliance with the Credit Agreement and the other Loan Documents, deliver to the Borrower or the relevant Grantor any of the relevant Security Collateral held by the Collateral Agent hereunder and the Collateral Agent and the Administrative Agent
shall execute and deliver to the relevant Granting Party (at the sole cost and expense of such Granting Party) all releases or other documents (including without limitation UCC termination statements) necessary or reasonably desirable for the
release of such Guarantee or the Liens created hereby on such Security Collateral, as applicable, as such Granting Party may reasonably request. 
 (c) Upon the designation of any Granting Party as an Unrestricted Subsidiary in accordance with the provisions of the Credit Agreement, the Lien pursuant to this Agreement on all Security Collateral of
such Granting Party (if any) shall be automatically released, and the 

  
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Guarantee (if any) of such Granting Party, and all obligations of such Granting Party hereunder, shall terminate, all without delivery of any instrument or performance of any act by any party and
the Collateral Agent shall, upon the request of the Borrower, deliver to such Granting Party any Security Collateral of such Granting Party held by the Collateral Agent hereunder and the Collateral Agent and the Administrative Agent shall execute
and deliver to such Granting Party (at the sole cost and expense of such Granting Party) all releases or other documents (including without limitation UCC termination statements) necessary or reasonably desirable for the release of such Granting
Party from its Guarantee (if any) or the Liens created hereby (if any) on such Granting Party’s Security Collateral, as applicable, as such Granting Party may reasonably request. 

(d) Upon the designation of any Issuer that is a Subsidiary of any Granting Party as an Unrestricted Subsidiary in accordance with the
provisions of the Credit Agreement, the Lien pursuant to this Agreement on all Pledged Stock issued by such Issuer shall be automatically released, all without delivery of any instrument or performance of any act by any party and the Collateral
Agent shall, upon the request of the Borrower, deliver to such Granting Party any such Pledged Stock held by the Collateral Agent hereunder and the Collateral Agent and the Administrative Agent shall execute and deliver to the relevant Granting
Party (at the sole cost and expense of such Granting Party) all releases or other documents (including without limitation UCC termination statements) necessary or reasonably desirable for the release of the Liens created hereby on such Pledged
Stock, as applicable, as such Granting Party may reasonably request. 
 9.17 Judgment. 

(a) If for the purpose of obtaining judgment in any court it is necessary to convert a sum due hereunder in one currency into another
currency, the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Collateral Agent could purchase the first currency with
such other currency on the Business Day preceding the day on which final judgment is given. 
 (b) The obligations of any
Guarantor in respect of this Agreement to the Collateral Agent, for the benefit of each holder of Secured Obligations, shall, notwithstanding any judgment in a currency (the “judgment currency”) other than the currency in which the
sum originally due to such holder is denominated (the “original currency”), be discharged only to the extent that on the Business Day following receipt by the Collateral Agent of any sum adjudged to be so due in the judgment
currency, the Collateral Agent may in accordance with normal banking procedures purchase the original currency with the judgment currency; if the amount of the original currency so purchased is less than the sum originally due to such holder in the
original currency, such Guarantor agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Collateral Agent, for the benefit of such holder, against such loss, and if the amount of the original currency so purchased
exceeds the sum originally due to the Collateral Agent, the Collateral Agent agrees to remit to the Borrower, such excess. This covenant shall survive the termination of this Agreement and payment of the Obligations and all other amounts payable
hereunder. 

  
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 9.18 Miscellaneous. This Agreement is not intended to be, and is not, a “Senior
Interim Loan Agreement”, a “Senior Interim Loan Facility”, a “Senior Subordinated Interim Loan Agreement” or a “Senior Subordinated Interim Loan Facility” under or as defined in any of the 2007 Term Credit
Agreement, the Revolving Credit Agreement and the ABL Credit Agreement. 
 [Remainder of page left blank intentionally;
Signature page to follow.] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered as of the date first above written. 
  

					
	U.S. FOODSERVICE, INC.
		
	By:	 	/s/ Juliette W. Pryor
		 	Name:	 	Juliette W. Pryor
		 	Title:	 	Executive Vice President and Secretary


  

					
	NEXT DAY GOURMET, LLC
		
	By:	 	/s/ Juliette W. Pryor
		 	Name:	 	Juliette W. Pryor
		 	Title:	 	Executive Vice President and Secretary


  

					
	TRANS-PORTE, INC.
		
	By:	 	/s/ Juliette W. Pryor
		 	Name:	 	Juliette W. Pryor
		 	Title:	 	Executive Vice President and Secretary


  

					
	E & H DISTRIBUTING, LLC
		
	By:	 	/s/ Juliette W. Pryor
		 	Name:	 	Juliette W. Pryor
		 	Title:	 	Executive Vice President and Secretary


  

					
	USF NDG, LLC
		
	By:	 	/s/ Juliette W. Pryor
		 	Name:	 	Juliette W. Pryor
		 	Title:	 	Executive Vice President and Secretary


 [Signature Page - Guarantee and Collateral Agreement] 







 Acknowledged and Agreed to as of the date hereof by:  

 

					
	 CITICORP NORTH AMERICA, INC., 
 as Administrative Agent and Collateral Agent

		
	By:	 	/s/ David Leland
		 	Name:	 	David Leland
		 	Title:	 	Vice President

 [Signature Page - Guarantee and Collateral Agreement]