EX-10.5



 Exhibit 10.5 

EXECUTION COPY 
  

 
 SECOND AMENDED AND RESTATED 

RECEIVABLES PURCHASE AGREEMENT 

dated as of February 2, 2015 

among 
 PRESIDIO CAPITAL FUNDING
LLC, 
 as Seller 
 PRESIDIO,
INC., 
 as Servicer 
 THE
SUB-SERVICERS PARTY HERETO, 
 THE VARIOUS PURCHASER GROUPS FROM TIME TO TIME PARTY HERETO, 

and 
 PNC BANK, NATIONAL
ASSOCIATION, 
 as Administrator 
  

 







 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 ARTICLE I AMOUNTS AND TERMS OF THE PURCHASES
	  	 	1	  
			
	 Section 1.1
	  	Purchase Facility	  	 	1	  
			
	 Section 1.2
	  	Making Purchases	  	 	2	  
			
	 Section 1.3
	  	Purchased Interest Computation	  	 	4	  
			
	 Section 1.4
	  	Settlement Procedures	  	 	4	  
			
	 Section 1.5
	  	Fees	  	 	9	  
			
	 Section 1.6
	  	Payments and Computations, Etc	  	 	9	  
			
	 Section 1.7
	  	Increased Costs	  	 	10	  
			
	 Section 1.8
	  	Requirements of Law	  	 	11	  
			
	 Section 1.9
	  	Funding Losses	  	 	12	  
			
	 Section 1.10
	  	Taxes	  	 	12	  
			
	 Section 1.11
	  	Inability to Determine Euro-Rate or LMIR	  	 	15	  
			
	 Section 1.12
	  	Extension of Termination Date	  	 	16	  
			
	 Section 1.13
	  	Mitigation Obligations; Replacement of Purchasers	  	 	16	  
		
	 ARTICLE II REPRESENTATIONS AND WARRANTIES; COVENANTS; TERMINATION EVENTS
	  	 	17	  
			
	 Section 2.1
	  	Representations and Warranties; Covenants	  	 	17	  
			
	 Section 2.2
	  	Termination Events	  	 	17	  
		
	 ARTICLE III INDEMNIFICATION
	  	 	17	  
			
	 Section 3.1
	  	Indemnities by the Seller	  	 	17	  
			
	 Section 3.2
	  	Indemnities by the Servicer	  	 	19	  
		
	 ARTICLE IV ADMINISTRATION AND COLLECTIONS
	  	 	19	  
			
	 Section 4.1
	  	Appointment of the Servicer	  	 	19	  
			
	 Section 4.2
	  	Duties of the Servicer	  	 	21	  
			
	 Section 4.3
	  	Lock-Box Account Arrangements	  	 	22	  
			
	 Section 4.4
	  	Enforcement Rights	  	 	23	  
			
	 Section 4.5
	  	Responsibilities of the Seller	  	 	23	  
			
	 Section 4.6
	  	Servicing Fee	  	 	24	  
		
	 ARTICLE V THE AGENTS
	  	 	24	  
			
	 Section 5.1
	  	Appointment and Authorization	  	 	24	  
			
	 Section 5.2
	  	Delegation of Duties	  	 	25	  
			
	 Section 5.3
	  	Exculpatory Provisions	  	 	25	  
			
	 Section 5.4
	  	Reliance by Agents	  	 	25	  


  
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 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
	 Section 5.5
	  	Notice of Termination Events	  	 	26	  
			
	 Section 5.6
	  	Non-Reliance on Administrator, Purchaser Agents and Other Purchasers	  	 	27	  
			
	 Section 5.7
	  	Administrators and Affiliates	  	 	27	  
			
	 Section 5.8
	  	Indemnification	  	 	27	  
			
	 Section 5.9
	  	Successor Administrator	  	 	28	  
		
	 ARTICLE VI MISCELLANEOUS
	  	 	28	  
			
	 Section 6.1
	  	Amendments, Etc	  	 	28	  
			
	 Section 6.2
	  	Notices, Etc	  	 	28	  
			
	 Section 6.3
	  	Successors and Assigns; Participations; Assignments	  	 	29	  
			
	 Section 6.4
	  	Costs, Expenses and Taxes	  	 	31	  
			
	 Section 6.5
	  	No Proceedings; Limitation on Payments	  	 	31	  
			
	 Section 6.6
	  	GOVERNING LAW AND JURISDICTION	  	 	32	  
			
	 Section 6.7
	  	Confidentiality	  	 	32	  
			
	 Section 6.8
	  	Execution in Counterparts	  	 	33	  
			
	 Section 6.9
	  	Survival of Termination	  	 	33	  
			
	 Section 6.10
	  	WAIVER OF JURY TRIAL	  	 	33	  
			
	 Section 6.11
	  	Sharing of Recoveries	  	 	34	  
			
	 Section 6.12
	  	Right of Setoff	  	 	34	  
			
	 Section 6.13
	  	Entire Agreement	  	 	34	  
			
	 Section 6.14
	  	Headings	  	 	34	  
			
	 Section 6.15
	  	Purchaser Groups’ Liabilities	  	 	34	  
			
	 Section 6.16
	  	Certain Tax Matters	  	 	34	  
			
	 Section 6.17
	  	USA Patriot Act	  	 	35	  
			
	 Section 6.18
	  	Amendment and Restatement	  	 	35	  
			
	 Section 6.19
	  	Ratification	  	 	35	  


  
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	EXHIBIT I	  	Definitions
		
	EXHIBIT II	  	Conditions of Purchases
		
	EXHIBIT III	  	Representations and Warranties
		
	EXHIBIT IV	  	Covenants
		
	EXHIBIT V	  	Termination Events
		
	SCHEDULE I	  	Credit and Collection Policy
		
	SCHEDULE II	  	Lock-Box Banks and Lock-Box Accounts
		
	SCHEDULE III	  	Trade Names
		
	SCHEDULE IV	  	Actions and Proceedings
		
	ANNEX A	  	Form of Information Package
		
	ANNEX B	  	Form of Purchase Notice
		
	ANNEX C	  	Form of Assumption Agreement
		
	ANNEX D	  	Form of Transfer Supplement
		
	ANNEX E	  	Form of Paydown Notice
		
	ANNEX F	  	Form of Weekly Report


  
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 This SECOND AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT (as amended, restated,
supplemented or otherwise modified from time to time, this “Agreement”) is entered into as of February 2, 2015 among PRESIDIO CAPITAL FUNDING LLC, a Delaware limited liability company, as seller (the “Seller”),
PRESIDIO, INC., a Georgia corporation (together with its successors and permitted assigns, “Presidio”), as initial servicer (in such capacity, together with its successors and permitted assigns in such capacity, the
“Servicer”), EACH PARTY LISTED ON THE SIGNATURE PAGES HERETO AS A SUB-SERVICER, THE VARIOUS PURCHASERS AND PURCHASER AGENTS FROM TIME TO TIME PARTY HERETO, and PNC BANK, NATIONAL ASSOCIATION, as Administrator for each Purchaser
Group (in such capacity, the “Administrator”). 
 PRELIMINARY STATEMENTS. Certain terms that are capitalized and used
throughout this Agreement are defined in Exhibit I. References in the Exhibits hereto to the “Agreement” refer to this Agreement, as amended, supplemented or otherwise modified from time to time. 

The Seller, the Servicer, the Sub-Servicers, the Purchaser Agents, the Purchasers and the Administrator are parties to that certain
Receivables Purchase Agreement dated as of April 1, 2008, as amended, supplemented or otherwise modified through the date hereof (the “Original Agreement”). 

The Seller, the Servicer, the Sub-Servicers, the Purchaser Agents, the Purchasers and the Administrator are parties to that certain Amended
and Restated Receivables Purchase Agreement dated as of December 16, 2010 as amended, supplemented or otherwise modified through the date hereof (the “A&R Agreement”). 

The Seller, the Servicer, the Sub-Servicers, the Purchaser Agents, the Purchasers and the Administrator wish to amend and restate the A&R
Agreement on the terms set forth herein. 
 The Seller desires to sell, transfer and assign an undivided variable percentage interest in a
pool of receivables, and the Purchasers desire to acquire such undivided variable percentage interest, as such percentage interest shall be adjusted from time to time based upon, in part, reinvestment payments that are made by such Purchasers. 

In consideration of the mutual agreements, provisions and covenants contained herein, the parties hereto agree as follows: 

ARTICLE I 
 AMOUNTS AND
TERMS OF THE PURCHASES 
 Section 1.1 Purchase Facility. 

(a) On the terms and subject to the conditions hereof, the Seller may, from time to time before the Facility Termination Date, ratably (based
on the aggregate Commitments of the Related Committed Purchasers in their respective Purchaser Groups) request that the Conduit Purchasers, or, only if a Conduit Purchaser denies such request or is unable to fund (and provides notice of such denial
or inability to the Seller, the Administrator and its Purchaser Agent), ratably request that the Related Committed Purchasers, make purchases of and reinvestments in undivided percentage ownership interests with regard to the Purchased Interest from
the Seller from time to time from the date hereof to the Facility Termination Date. Subject to 

  
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Section 1.4(b), concerning reinvestments, at no time will a Conduit Purchaser have any obligation to make a purchase. Each Related Committed Purchaser severally hereby agrees, on the
terms and subject to the conditions hereof, to make Purchases before the Facility Termination Date, based on the applicable Purchaser Group’s Ratable Share of each purchase requested pursuant to Section 1.2(a) (each a
“Purchase”) (and, in the case of each Related Committed Purchaser, its Commitment Percentage of its Purchaser Group’s Ratable Share of such Purchase); provided, however, that under no circumstances shall any
Purchaser make any Purchase or reinvestment hereunder if, after giving effect to such Purchase or reinvestment (i) such Purchaser’s Aggregate Capital would exceed its Commitment, (ii) the Aggregate Capital would (after giving effect
to all Purchases and reinvestments on such date) exceed the Purchase Limit or (iii) the Purchased Interest would exceed 100%. 
 (b)
The Seller may, upon 30 days’ written notice to the Administrator and each Purchaser Agent, reduce the unfunded portion of the Purchase Limit in whole or in part (but not below the amount which would cause the Group Capital of any Purchaser
Group to exceed its Group Commitment (after giving effect to such reduction)); provided that each partial reduction shall be in the amount of at least $5,000,000, or an integral multiple of $1,000,000 in excess thereof and the Purchase Limit
shall in no event be reduced below $50,000,000. Such reduction shall, unless otherwise agreed to in writing by the Seller, the Administrator and each Purchaser Agent be applied ratably to reduce the Group Commitment of each Purchaser Group. 

(c) The Purchaser Group that includes PNC, as a Purchaser Agent and as a Purchaser, shall not include a Conduit Purchaser, and each request by
the Seller for ratable Purchases by the Conduit Purchasers pursuant to Section 1.1(a) shall be deemed to be a request that the Related Committed Purchasers in PNC’s Purchaser Group make their ratable share of such Purchases. 

Section 1.2 Making Purchases. (a) Each Purchase (but not reinvestment) of undivided percentage ownership interests with
regard to the Purchased Interest hereunder may be made on any day upon the Seller’s irrevocable written notice in the form of Annex B (each, a “Purchase Notice”) delivered to the Administrator and each Purchaser
Agent in accordance with Section 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 2:00 p.m., New York City Time) at least one Business Day before the requested Purchase Date, which notice shall
specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000, or such lesser amount as agreed to by the Administrator and the Majority Purchaser Agents, and shall be in integral multiples of
$100,000 with respect to each Purchaser Group), (B) the date of such purchase (which shall be a Business Day) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital. 

(b) On the date of each Purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest
hereunder, each applicable Purchaser shall, upon satisfaction of the applicable conditions set forth in Exhibit II, make available to the Seller in same day funds, at PNC Bank, National Association, account number 8611678714 (or such other
account as may be so designated in writing by the Seller to the Administrator and each Purchaser Agent) an amount equal to the portion of Capital relating to the undivided percentage ownership interest then being funded by such Purchaser. 

  
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 (c) Effective on the date of each Purchase pursuant to this Section 1.2 and each
reinvestment pursuant to Section 1.4(b), the Seller hereby sells and assigns to the Administrator for the benefit of the Purchasers (ratably, according to each such Purchaser’s Capital) an undivided percentage ownership interest in:
(i) each Pool Receivable then existing, (ii) all Related Security with respect to such Pool Receivables, and (iii) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. 

(d) To secure all of the Seller’s obligations (monetary or otherwise) under this Agreement and the other Transaction Documents to which
it is a party, whether now or hereafter existing or arising, due or to become due, direct or indirect, absolute or contingent, the Seller hereby grants to the Administrator, for the benefit of the Purchasers, a security interest in all of the
Seller’s right, title and interest (including any undivided interest of the Seller) in, to and under all of the following, whether now or hereafter owned, existing or arising: (i) all Pool Receivables, (ii) all Related Security with
respect to such Pool Receivables, (iii) all Collections with respect to such Pool Receivables, (iv) the Lock-Box Accounts and all amounts on deposit therein, and all certificates and instruments, if any, from time to time evidencing such
Lock-Box Accounts and amounts on deposit therein, (v) all rights (but none of the obligations) of the Seller under the Sale Agreement and (vi) all proceeds of, and all amounts received or receivable under any or all of, the foregoing
(collectively, the “Pool Assets”). The Seller hereby authorizes the Administrator to file financing statements describing as the collateral covered thereby as “all of the debtor’s personal property or assets” or words
to that effect, notwithstanding that such wording may be broader in scope than the collateral described in this Agreement. The Administrator, for the benefit of the Purchasers, shall have, with respect to the Pool Assets, and in addition to all the
other rights and remedies available to the Administrator and the Purchasers, all the rights and remedies of a secured party under any applicable UCC. 

(e) The Seller may, with the written consent of the Administrator and each Purchaser Agent, add additional Persons as Purchasers (either to an
existing Purchaser Group or by creating new Purchaser Groups) or cause an existing Purchaser to increase its Commitment in connection with a corresponding increase in the Purchase Limit; provided, however, that the Commitment of any
Purchaser may only be increased with the prior written consent of such Purchaser. Each new Purchaser (or Purchaser Group) shall become a party hereto, by executing and delivering to the Administrator and the Seller, an Assumption Agreement in the
form of Annex C hereto (which Assumption Agreement shall, in the case of any new Purchaser or Purchasers, be executed by each Person in such new Purchaser’s Purchaser Group). 

(f) Each Related Committed Purchaser’s obligation hereunder shall be several, such that the failure of any Related Committed Purchaser to
make a payment in connection with any Purchase hereunder shall not relieve any other Related Committed Purchaser of its obligation hereunder to make payment for any Purchase. Further, in the event any Related Committed Purchaser fails to satisfy its
obligation to make a Purchase as required hereunder, upon receipt of notice of such failure from the Administrator (or any relevant Purchaser Agent), subject to the limitations set forth herein, the non-defaulting Related Committed Purchasers in
such defaulting Related Committed Purchaser’s Purchaser Group shall purchase the defaulting Related Committed Purchaser’s Commitment Percentage of the related Purchase pro rata in proportion to their relative Commitment
Percentages (determined without regard to the Commitment Percentage of the defaulting Related Committed Purchaser; it being understood that a defaulting Related Committed Purchaser’s Commitment Percentage of any Purchase shall be first put to
the 

  
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Related Committed Purchasers in such defaulting Related Committed Purchaser’s Purchaser Group and thereafter if there are no other Related Committed Purchasers in such Purchaser Group or if
such other Related Committed Purchasers are also defaulting Related Committed Purchasers, then such defaulting Related Committed Purchaser’s Commitment Percentage of such Purchase shall be put to each other Purchaser Group ratably and applied
in accordance with this paragraph (f)). Notwithstanding anything in this paragraph (f) to the contrary, no Related Committed Purchaser shall be required to make a Purchase pursuant to this paragraph for an amount which would cause
the aggregate Capital of such Related Committed Purchaser (after giving effect to such Purchase) to exceed its Commitment. 

Section 1.3 Purchased Interest Computation. The Purchased Interest shall be initially computed on the Closing Date. Thereafter,
until the Facility Termination Date, such Purchased Interest shall be automatically recomputed (or deemed to be recomputed) on each Business Day other than a Termination Day. From and after the occurrence of any Termination Day, the Purchased
Interest shall (until the event(s) giving rise to such Termination Day are satisfied or are waived by the Administrator in accordance with Section 2.2) be deemed to be 100%. The Purchased Interest shall become zero when the Aggregate
Capital thereof and Aggregate Discount thereon shall have been paid in full, all the amounts owed by the Seller and the Servicer hereunder to each Purchaser, the Administrator and any other Indemnified Party or Affected Person are paid in full, and
the Servicer shall have received the accrued Servicing Fee thereon. 
 Section 1.4 Settlement Procedures. 

(a) The collection of the Pool Receivables shall be administered by the Servicer in accordance with this Agreement. The Seller shall provide
to the Servicer on a timely basis all information needed for such administration, including notice of the occurrence of any Termination Day and current computations of the Purchased Interest. 

(b) The Servicer shall, on each day on which Collections of Pool Receivables are received (or deemed received) by the Seller or the Servicer:

 (i) set aside and hold in trust (and shall, at the request of the Administrator, segregate in a separate account approved
by the Administrator) for the benefit of each Purchaser Group, out of such Collections, 
 first, an amount equal to
the Aggregate Discount accrued through such day for each Portion of Capital and not previously set aside, 
 second,
an amount equal to the fees set forth in each Purchaser Group Fee Letter accrued and unpaid through such day, and 

third, to the extent funds are available therefor, an amount equal to the aggregate of each Purchasers’ Share of
the Servicing Fee accrued through such day and not previously set aside, 
 (ii) subject to Section 1.4(f), if
such day is not a Termination Day, remit to the Seller, ratably, on behalf of each Purchaser Group, the remainder of such Collections. Such remainder shall, to the extent representing a return on the Aggregate Capital, ratably, according to each
Purchaser’s Capital, be automatically reinvested in Pool 

  
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Receivables, and in the Related Security, Collections and other proceeds with respect thereto; provided, however, that if the Purchased Interest would exceed 100%, then the Servicer
shall not reinvest, but shall set aside and hold in trust for the benefit of the Purchasers (and shall, at the request of the Administrator, segregate in a separate account approved by the Administrator) a portion of such Collections that, together
with the other Collections set aside pursuant to this paragraph, shall equal the amount necessary to reduce the Purchased Interest to 100%, which amount shall be deposited ratably to each Purchaser Agent’s account (for the benefit of its
related Purchasers) on the next Settlement Date in accordance with Section 1.4(c); provided, further, that (x) in the case of any Purchaser that is a Conduit Purchaser, if such Purchaser has provided notice (a
“Declining Notice”) to its Purchaser Agent, the Administrator, and the Servicer that such Purchaser (a “Declining Conduit Purchaser”) no longer wishes Collections with respect to any Portion of Capital funded or
maintained by such Purchaser to be reinvested pursuant to this clause (ii), and (y) in the case of any Purchaser that has caused to be provided an “Exiting Notice” of its refusal, as such term is defined in and
pursuant to Section 1.12, to extend its Commitment hereunder (an “Exiting Purchaser”) then in either case (x) or (y), above, such Collections shall not be reinvested and shall instead be held in trust for the
benefit of such Purchaser and applied in accordance with clause (iii), below. 
 (iii) if such day is a Termination
Day (or any day following the provision of a Declining Notice or an Exiting Notice), set aside, segregate and hold in trust (and shall, at the request of the Administrator, segregate in a separate account approved by the Administrator) for the
benefit of each Purchaser Group the entire remainder of the Collections (or in the case of a Declining Conduit Purchaser or an Exiting Purchaser an amount equal to such Purchaser’s ratable share of such Collections based on its Capital;
provided, that solely for the purpose of determining such Purchaser’s ratable share of such Collections, such Purchaser’s Capital shall be deemed to remain constant from the date of the provision of a Declining Notice or an Exiting
Notice, as the case may be, until the date such Purchaser’s Capital has been paid in full; it being understood that if such day is also a Termination Day, such Declining Conduit Purchaser’s or Exiting Purchaser’s Capital shall be
recalculated taking into account amounts received by such Purchaser in respect of this parenthetical and thereafter Collections shall be set aside for such Purchaser ratably in respect of its Capital (as recalculated)); provided, that if
amounts are set aside and held in trust on any Termination Day of the type described in clause (a) of the definition of “Termination Day” (or any day following the provision of a Declining Notice or an Exiting Notice) and, thereafter,
the conditions set forth in Section 2 of Exhibit II are satisfied, cured or waived by the Administrator and the Majority Purchaser Agents (or in the case of a Declining Notice or an Exiting Notice, such Declining Notice or Exiting
Notice, as the case may be, has been revoked by the related Declining Conduit Purchaser or Exiting Purchaser, respectively and written notice thereof has been provided to the Administrator, the related Purchaser Agent and the Servicer), such
previously set-aside amounts shall, to the extent representing a return on Aggregate Capital (or the Capital of the Declining Conduit Purchaser or Exiting Purchaser, as the case may be) and ratably in accordance with each Purchaser’s Capital,
be reinvested in accordance with clause (ii) on the day of such subsequent satisfaction, cure or waiver of conditions or revocation of Declining Notice or Exiting Notice, as the case may be, and 

  
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 (iv) release to the Seller (subject to Section 1.4(f)) for its own
account any Collections in excess of: (x) amounts required to be reinvested in accordance with clause (ii) or the proviso to clause (iii) plus (y) the amounts that are required to be set aside pursuant to clause (i),
the proviso to clause (ii) and clause (iii) plus (z) the Seller’s Share of the Servicing Fee accrued and unpaid through such day and all reasonable and appropriate out-of-pocket costs and expenses of the Servicer for
servicing, collecting and administering the Pool Receivables. 
 (c) The Servicer shall, in accordance with the priorities set forth in
Section 1.4(d), below, deposit into each applicable Purchaser Agent’s account (or such other account designated by such applicable Purchaser or its Purchaser Agent), on each Settlement Date (for any Portion of Capital), Collections
held for each Purchaser with respect to such Purchaser’s Portion(s) of Capital pursuant to clause (b)(i) or (f), plus the amount of Collections then held for the related Purchasers pursuant to clauses (b)(ii) and
(iii) of Section 1.4; provided, that if Presidio or an Affiliate thereof is the Servicer, such day is not a Termination Day and the Administrator has not notified Presidio (or such Affiliate) that such right is
revoked, Presidio (or such Affiliate) may retain the portion of the Collections set aside pursuant to clause (b)(i) that represents the aggregate of each Purchasers’ Share of the Servicing Fee. 

(d) On each Settlement Date, the Servicer shall distribute the amounts described (and at the times set forth) in Section 1.4(c),
as follows: 
 (i) if such distribution occurs on a day that is not a Termination Day and the Purchased Interest does not
exceed 100%, 
 first to each Purchaser Agent ratably according to the Discount accrued during such Yield Period (for
the benefit of the relevant Purchasers within such Purchaser Agent’s Purchaser Group) in payment in full of all accrued Discount and Fees (other than Servicing Fees) with respect to each Portion of Capital maintained by such Purchasers; it
being understood that each Purchaser Agent shall distribute such amounts to the Purchasers within its Purchaser Group ratably according to the Discount, and 

second, if the Servicer has set aside amounts in respect of the Purchasers’ Share of the Servicing Fee pursuant to
clause (b)(i) and has not retained such amounts pursuant to clause (c), to the Servicer’s own account (payable in arrears on each Settlement Date) in payment in full of the aggregate of the Purchasers’ Share of accrued
Servicing Fees so set aside, and 
 (ii) if such distribution occurs on a Termination Day or on a day when the Purchased
Interest exceeds 100%, 
 first if Presidio or an Affiliate thereof is not the Servicer, to the Servicer’s own
account in payment in full of the Purchasers’ Share of all accrued Servicing Fees, 
 second to each Purchaser
Agent ratably (based on the aggregate accrued and unpaid Discount payable to all Purchasers at such time) (for the benefit of the relevant Purchasers within such Purchaser Agent’s Purchaser Group) in payment in full of all accrued Discount with
respect to each Portion of Capital funded or maintained by the Purchasers within such Purchaser Agent’s Purchaser Group, 

  
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 third to each Purchaser Agent ratably according to the aggregate of the
Capital of each Purchaser in each such Purchaser Agent’s Purchaser Group (for the benefit of the relevant Purchasers within such Purchaser Agent’s Purchaser Group) in payment in full of each Purchaser’s Capital (or, if such day is not
a Termination Day, the amount necessary to reduce the Purchased Interest to 100%); it being understood that each Purchaser Agent shall distribute the amounts described in the first and second clauses of this Section 1.4(d)(ii) to the
Purchasers within its Purchaser Group ratably according to Discount and Capital, respectively, 
 fourth, if the
Aggregate Capital and accrued Aggregate Discount with respect to each Portion of Capital for all Purchaser Groups have been reduced to zero, and the Purchasers’ Share of all accrued Servicing Fees payable to the Servicer (if other than Presidio
or an Affiliate thereof) have been paid in full, to each Purchaser Group ratably, based on the amounts payable to each (for the benefit of the Purchasers within such Purchaser Group), the Administrator and any other Indemnified Party or Affected
Person in payment in full of any other amounts owed thereto by the Seller or Servicer hereunder and, 
 fifth, to the
Servicer’s own account (if the Servicer is Presidio or an Affiliate thereof) in payment in full of the aggregate of the Purchasers’ Share of all accrued Servicing Fees. 

After the Aggregate Capital, Aggregate Discount, fees payable pursuant to each Purchaser Group Fee Letter and Servicing Fees with respect to the Purchased
Interest, and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrator or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional Collections with respect to the
Purchased Interest shall be paid to the Seller for its own account. 
 (e) For the purposes of this Section 1.4: 

(i) if on any day the Outstanding Balance of any Pool Receivable is reduced or adjusted as a result of any defective, rejected,
returned or repossessed goods or services, or any revision, cancellation, allowance, rebate, discount or other adjustment made by the Seller or any Affiliate of the Seller, or the Servicer or any Affiliate of the Servicer, or any setoff or dispute
between the Seller or any Affiliate of the Seller, or the Servicer or any Affiliate of the Servicer and an Obligor (except any such repossession or revision, cancellation, allowance, discount or other adjustment made in settlement of such Pool
Receivable, resulting from the financial inability of the applicable Obligor to pay such Pool Receivable), the Seller shall be deemed to have received on such day a Collection of such Pool Receivable in the amount of such reduction or adjustment and
shall immediately pay any and all such amounts in respect thereof to a Lock-Box Account for the benefit of the Purchasers and their assigns and for application pursuant to this Section 1.4; 

  
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 (ii) if on any day any of the representations or warranties in
(A) Section 1(j) of Exhibit III is not true with respect to any Pool Receivable at the time a Purchase was made with respect to such Pool Receivable or (B) Section 3(a) of Exhibit III is not true with
respect to any Pool Receivable the Seller shall be deemed to have received on such day a Collection of such Pool Receivable in full and shall immediately pay any and all such amounts to a Lock-Box Account (or as otherwise directed by the
Administrator at such time) for the benefit of the Purchasers and their assigns and for application pursuant to this Section 1.4 (Collections deemed to have been received pursuant to clause (i) or (ii) of this
paragraph (e) are hereinafter sometimes referred to as “Deemed Collections”); 
 (iii) except as
otherwise required by applicable law or the relevant Contract, all Collections received from an Obligor of any Receivable shall be applied to the Receivables of such Obligor in the order of the age of such Receivables, starting with the oldest such
Receivable or in a manner consistent with the application and allocation procedures employed by the Servicer at such time, unless such Obligor designates in writing its payment for application to specific Receivables; and 

(iv) if and to the extent the Administrator, any Purchaser Agent or any Purchaser shall be required for any reason to pay over
to an Obligor (or any trustee, receiver, custodian or similar official in any Insolvency Proceeding) any amount received by it hereunder, such amount shall be deemed not to have been so received by such Person but rather to have been retained by the
Seller and, accordingly, such Person shall have a claim against the Seller for such amount, payable when and to the extent that any distribution from or on behalf of such Obligor is made in respect thereof. 

(f) If at any time the Seller shall wish to cause the reduction of Aggregate Capital (but not to commence the liquidation, or reduction to
zero, of the entire Aggregate Capital) the Seller may do so as follows: 
 (i) the Seller shall give the Administrator, each
Purchaser Agent and the Servicer written notice in the form of Annex E (each, a “Paydown Notice”) (A) at least two Business Days prior to the date of such reduction for any reduction of the Aggregate Capital less than or
equal to $25,000,000 (or such greater amount as agreed to by the Administrator and the Majority Purchaser Agents) and (B) at least five Business Days prior to the date of such reduction for any reduction of the Aggregate Capital greater than
$25,000,000, and each such Paydown Notice shall include, among other things, the amount of such proposed reduction and the proposed date on which such reduction will commence; 

(ii) (A) on the proposed date of the commencement of such reduction and on each day thereafter, the Servicer shall cause
Collections not to be reinvested until the amount thereof not so reinvested shall equal the desired amount of reduction or (B) the Seller shall remit to the Purchaser Agents for the benefit of the related Purchasers in immediately available
funds an amount equal to the desired amount of such reduction together with accrued and unpaid Discount, with respect to such Capital; 

(iii) the Servicer shall hold such Collections in trust for the benefit of each Purchaser ratably according to its Capital, for
payment to each such Purchaser (or its related Purchaser Agent for the benefit of such Purchaser) on the next Settlement Date (or 

  
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such other date as agreed to by the Administrator) with respect to any Portions of Capital maintained by such Purchaser immediately following the related current Yield Period, and the Aggregate
Capital (together with the Capital of any related Purchaser) shall be deemed reduced in the amount to be paid to such Purchaser (or its related Purchaser Agent for the benefit of such Purchaser) only when in fact finally so paid; 

provided, that: 
 (A) the
amount of any such reduction shall be not less than $1,000,000 for each Purchaser Group and shall be an integral multiple of $100,000, and the entire Aggregate Capital after giving effect to such reduction shall be not less than $50,000,000; and

 (B) with respect to any Portion of Capital, the Seller shall choose a reduction amount, and the date of commencement
thereof, so that to the extent practicable such reduction shall commence and conclude in the same Yield Period. 
 Section 1.5
Fees. The Seller shall pay to each Purchaser Agent for the benefit of the Purchasers and Liquidity Providers in the related Purchaser Group in accordance with the provisions set forth in Section 1.4(d) certain fees in the amounts
and on the dates set forth in one or more fee letter agreements, dated December 11, 2014 (or dated the date any such Purchaser and member of its related Purchaser Group become a party hereto pursuant to an Assumption Agreement, a Transfer
Supplement or otherwise), among the Servicer, the Seller, and the applicable Purchaser Agent, respectively (as any such fee letter agreement may be amended, restated, supplemented or otherwise modified from time to time, each, a “Purchaser
Group Fee Letter” and each of the Purchaser Group Fee Letters may be referred to collectively as, the “Fee Letters”). 

Section 1.6 Payments and Computations, Etc. 

(a) All amounts to be paid or deposited by the Seller or the Servicer hereunder shall be made without reduction for offset or counterclaim and
shall be paid or deposited no later than 2:00 p.m. (New York City Time) on the day when due in same day funds to the account for each Purchaser maintained by the applicable Purchaser Agent (or such other account as may be designated from time to
time by such Purchaser Agent to the Seller and the Servicer). All amounts received after 2:00 p.m. (New York City Time) will be deemed to have been received on the next Business Day. 

(b) The Seller or the Servicer, as the case may be, shall, to the extent permitted by law, pay interest on any amount not paid or deposited by
the Seller or the Servicer, as the case may be, when due hereunder, at an interest rate equal to the greater of (1) 2.0% per annum above the Base Rate and (2) 2.0% per annum above the Euro-Rate or, with respect to PNC as
Purchaser, LMIR, payable on demand. 
 (c) All computations of interest under clause (b) and all computations of Discount, Fees
and other amounts hereunder shall be made on the basis of a year of 360 (or 365 or 366, as applicable, with respect to Discount or other amounts calculated by reference to the Base Rate) days for the actual number of days elapsed. Whenever any
payment or deposit to be made hereunder shall be due on a day other than a Business Day, such payment or deposit shall be made on the next Business Day and such extension of time shall be included in the computation of such payment or deposit. 

  
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 Section 1.7 Increased Costs. (a) If, after the date hereof, the Administrator,
any Purchaser, Liquidity Provider or Program Support Provider or any of their respective Affiliates (each an “Affected Person”) determines that the existence of or compliance with: (i) any law, rule or regulation (including any
applicable law, rule or regulation regarding capital adequacy) introduced after the date hereof, or any change therein or in the interpretation or application thereof after the date hereof, or (ii) any request, guideline or directive from
Financial Accounting Standards Board, or any central bank or other Governmental Authority (whether or not having the force of law) made after the date hereof increases or would increase the amount of capital required or expected to be maintained by
such Affected Person based upon the existence of any commitment to make Purchases of (or otherwise to maintain the investment in) Pool Receivables or any related liquidity facility, credit enhancement facility and other commitments of the same type,
then, upon demand by such Affected Person (with a copy to the Administrator), the Seller shall promptly pay such Affected Person, from time to time as specified by such Affected Person, additional amounts sufficient to compensate such Affected
Person in the light of such circumstances, to the extent that such Affected Person determines such increase in capital to be allocable to the existence of any of such commitments. For the avoidance of doubt, notwithstanding anything herein to the
contrary, (x) the final rule titled Risk-Based Capital Guidelines; Capital Adequacy Guidelines; Capital Maintenance: Regulatory Capital; Impact of Modifications to Generally Accepted Accounting Principles; Consolidation of
Asset-Backed Commercial Paper Programs; and Other Related Issues, adopted by the United States bank regulatory agencies on December 15, 2009, (y) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules,
guidelines or directives thereunder or issued in connection therewith and (z) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or
similar authority) or the United States or foreign regulatory authorities, in each case pursuant to the agreements reached by the Basel Committee on Banking Supervision in “Basel III: A Global Regulatory Framework for More Resilient Banks and
Banking Systems” (as amended, supplemented or otherwise modified or replaced from time to time), shall constitute a circumstance on which such Person may base a claim for reimbursement under this Section 1.7, regardless of the date
enacted, adopted or issued. 
 (b) If, due to either: (i) the introduction of or any change in or in the interpretation of any law or
regulation after the date hereof or (ii) compliance with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law) made after the date here, there shall be any increase in the cost
to any Affected Person of agreeing to purchase or purchasing, or maintaining the ownership of, the Purchased Interest (or its portion thereof) in respect of which Discount is computed by reference to the Euro-Rate or LMIR, then, upon demand by such
Affected Person, the Seller shall promptly pay to such Affected Person, from time to time as specified by such Affected Person, additional amounts sufficient to compensate such Affected Person for such increased costs. 

(c) If an Affected Person requests compensation under this Section 1.7, a certificate describing in reasonable detail such amounts
and the basis for such Affected Person’s demand for such amounts shall be submitted to the Seller and the applicable Purchaser Agent by such Affected Person and shall be conclusive and binding for all purposes, absent manifest error. 

  
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 (d) Within a reasonable time period after any Affected Person has actual knowledge that it is
subject to increased capital requirements or incurs other increased costs pursuant to this Section 1.7, such Affected Person shall notify the Seller and the Servicer of such fact. 

(e) Notwithstanding anything in this Section 1.7 to the contrary, (i) if any Affected Person fails to give demand for amounts
or losses incurred in connection with this Section 1.7 within 180 days after it obtains knowledge that it is subject to increased capital requirements or has incurred other increased costs, such Affected Person shall, with respect to
amounts payable pursuant to this Section 1.7, only be entitled to payment under this Section 1.7 for amounts or losses incurred from and after the date 180 days prior to the date that such Affected Person does give such
demand and (ii) the Seller shall not be required to pay to any Affected Person (x) any amount that has been fully and finally paid in cash to such Affected Person pursuant to any other provision of this Agreement or any other Transaction
Document, (y) any amount, if the payment of such amount is expressly excluded by any provision of this Agreement or any other Transaction Document or (z) Taxes (to the extent governed by Section 1.10). 

Section 1.8 Requirements of Law. (a) If any Affected Person determines that (i) the introduction of any law or
regulation or any change therein or in the interpretation or application thereof after the date hereof, or (ii) any request, guideline or directive from any central bank or other Governmental Authority (whether or not having the force of law)
made after the date hereof: 
 (A) does or shall subject such Affected Person to any tax of any kind whatsoever with respect
to this Agreement, any increase in the Purchased Interest (or its portion thereof) or in the amount of Capital relating thereto, or does or shall change the basis of taxation of payments to such Affected Person on account of Collections, Discount or
any other amounts payable hereunder (excluding taxes imposed on the overall pre-tax net income of such Affected Person, franchise taxes imposed on such Affected Person by the jurisdiction each under the laws of which such Affected Person is
organized or a political subdivision thereof), or 
 (B) does or shall impose, modify or hold applicable any reserve, special
deposit, compulsory loan or similar requirement against assets held by, or deposits or other liabilities in or for the account of, Purchases, advances or loans by, or other credit extended by, or any other acquisition of funds by, any office of such
Affected Person that are not otherwise included in the determination of the Euro-Rate or LMIR hereunder, 
 and the result of any of the foregoing is:
(A) to increase the cost to such Affected Person of agreeing to purchase or purchasing or maintaining the ownership of undivided percentage ownership interests with regard to the Purchased Interest (or interests therein) or any Portion of
Capital, or (B) to reduce any amount receivable hereunder (whether directly or indirectly), then, in any such case, upon demand by such Affected Person, the Seller shall promptly pay to such Affected Person additional amounts necessary to
compensate such Affected Person for such additional cost or reduced amount receivable. All such amounts shall be payable as incurred. 
 (b)
If an Affected Person requests compensation under this Section 1.8, a certificate describing in reasonable detail such amounts and the basis for such Affected Person’s demand for such amounts shall be submitted to the Seller and the
applicable Purchaser Agent by such Affected Person and shall be conclusive and binding for all purposes, absent manifest error. 

  
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 (c) Within a reasonable time period after any Affected Person has actual knowledge that it has
incurred additional costs or reduced amounts receivable pursuant to this Section 1.8, such Affected Person shall notify the Seller and the Servicer of such fact. 

(d) Notwithstanding anything in this Section 1.8 to the contrary, (i) if any Affected Person fails to give demand for
additional costs or reduced amounts receivable incurred in connection with this Section 1.8 within 180 days after it obtains knowledge that it has suffered additional costs or reduced amounts receivable, such Affected Person shall, with
respect to amounts payable pursuant to this Section 1.8, only be entitled to payment under this Section 1.8 for amounts or losses incurred from and after the date 180 days prior to the date that such Affected Person does give
such demand and (ii) the Seller shall not be required to pay to any Affected Person (x) any amount that has been fully and finally paid in cash to such Affected Person pursuant to any other provision of this Agreement or any other
Transaction Document, (y) any amount, if the payment of such amount is expressly excluded by any provision of this Agreement or any other Transaction Document or (z) Taxes (to the extent governed by Section 1.10). 

Section 1.9 Funding Losses. (a) The Seller shall compensate each Affected Person, upon written request by such Person for all
losses, expenses and liabilities (including any interest paid by such Affected Person to lenders of funds borrowed by it to fund or maintain any Portion of Capital hereunder at an interest rate determined by reference to the Euro-Rate or LMIR and
any loss sustained by such Person in connection with the re-employment of such funds), which such Affected Person may sustain with respect to funding or maintaining such Portion of Capital at the Euro-Rate or LMIR if, for any reason, after the
applicable request by the Seller to fund or maintain such Portion of Capital at an interest rate determined by reference to the Euro-Rate or LMIR such funding or maintenance does not occur on a date specified therefor. 

(b) If an Affected Person requests compensation under this Section 1.9, a certificate describing in reasonable detail such amounts
and the basis for such Affected Person’s demand for such amounts shall be submitted to the Seller and the applicable Purchaser Agent by such Affected Person and shall be conclusive and binding for all purposes, absent manifest error. 

(c) Within a reasonable time period after any Affected Person has actual knowledge that such Affected Person has incurred losses pursuant to
this Section 1.9, such Affected Person shall notify the Seller and the Servicer of such fact. 
 (d) Notwithstanding anything in
this Section 1.9 to the contrary, the Seller shall not be required to pay to any Affected Person any amount pursuant to this Section 1.9 to the extent (i) such amount has been fully and finally paid in cash to such
Affected Person pursuant to any other provision of this Agreement (including, without limitation, as a component of Discount) or any other Transaction Document or (ii) the payment of such amount is expressly excluded by any provision of this
Agreement or any other Transaction Document. 
 Section 1.10 Taxes. (a) The Seller agrees that: 

(i) Any and all payments by the Seller under this Agreement and any other Transaction Document shall be made free and clear of
and without deduction for any Taxes or Other Taxes, excluding (A) overall income or franchise taxes, in either case, imposed on the Person receiving such payment by the Seller hereunder by the jurisdiction


  
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under whose laws such Person is organized, the jurisdiction of such Person’s principal place of business or the jurisdiction in which such Person holds its undivided percentage ownership
interest in the Purchased Interest, or any political subdivision thereof, (B) any tax to the extent such tax is attributable to any Purchaser’s failure to comply with Section 1.10(c), or (C) any U.S. federal withholding
Taxes imposed under FATCA (all such Taxes other than those referred to in clauses (A), (B) and (C) above being hereinafter referred to as “Indemnified Taxes”). If the Seller shall be required by law to deduct any
Indemnified Taxes from or in respect of any sum payable hereunder to any Purchaser, any Liquidity Provider, Program Support Provider or the Administrator, then the sum payable shall be increased by the amount necessary to yield to such Person (after
payment of all Taxes) an amount equal to the sum it would have received had no such deductions been made. 
 (ii) Whenever
any Indemnified Taxes are payable by the Seller, as promptly as possible thereafter, the Seller shall send to the Administrator for its own account or for the account of any Purchaser or any Liquidity Provider or other Program Support Provider, as
the case may be, a certified copy of an original official receipt showing payment thereof or such other evidence of such payment as may be available to the Seller and acceptable to the taxing authorities having jurisdiction over such Person. If the
Seller fails to pay any Indemnified Taxes when due to the appropriate taxing authority or fails to remit to the Administrator the required receipts or other required documentary evidence, the Seller shall indemnify the Administrator and/or any other
Affected Person, as applicable, for any incremental Taxes, interest or penalties that may become payable by such party as a result of any such failure. 

Notwithstanding anything to the contrary contained in this Agreement, none of the Seller, the Servicer or the Originators shall have any
obligation to make a “gross-up” payment of taxes or indemnification under this Section 1.10 to any Affected Person related to a FATCA Deduction. 

(b) The Seller shall indemnify each Affected Person within ten days after written demand therefor, for the full amount of any Indemnified
Taxes paid by such Affected Person on or with respect to any payment by or on account of any obligation of the Seller hereunder (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this
Section 1.10) and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. 

(c) (i) Each Person organized under the laws of a jurisdiction outside the United States that seeks to become a Purchaser under this
Agreement, including assignees, participants and transferees pursuant to Section 6.3 (a “Foreign Purchaser”), shall prior to becoming a Foreign Purchaser and upon changing its funding office provide to Seller and
Administrator a properly completed and executed IRS Form W-8ECI or Form W-8BEN or other applicable form, certificate or document prescribed by the IRS or the United States certifying that payments hereunder to such Foreign Purchaser are exempt from
or not subject to United States withholding tax (a “Certificate of Exemption”). Each Foreign Purchaser shall also deliver a Certificate of Exemption, if legally entitled to do so, promptly upon the obsolescence, expiration or
invalidity of any Certificate of Exemption previously delivered by such Foreign Purchaser and from time to 

  
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time upon the reasonable request of the Seller. Each Foreign Purchaser shall promptly notify the Seller at any time it determines that it is no longer in a position to provide any previously
delivered Certificate of Exemption to such Seller. No foreign Person may become a Foreign Purchaser hereunder if such Person fails to deliver a Certificate of Exemption in advance of becoming a Foreign Purchaser. Each Foreign Purchaser shall within
a reasonable time period notify Seller that it is a Foreign Purchaser and shall also within a reasonable time period notify Seller of any change in its funding office. 

(ii) Each Person organized under the laws of the United States, including any State thereof and the District of Columbia, that seeks to become
a Purchaser under this Agreement, including assignees, participants and transferees pursuant to Section 6.3 (a “Domestic Purchaser”), shall prior to becoming a Domestic Purchaser provide to Seller and Administrator a
properly completed and executed IRS Form W-9 or other applicable form, certificate or document prescribed by the IRS or the United States certifying that that such Domestic Purchaser is exempt from U.S. federal backup withholding tax (a
“Form W-9”). Each Domestic Purchaser shall also deliver a Form W-9, if legally entitled to do so, promptly upon the obsolescence, expiration or invalidity of any Form W-9 previously delivered by such Domestic Purchaser and from time
to time upon the reasonable request of the Seller. Each Domestic Purchaser shall promptly notify the Seller at any time it determines that it is no longer in a position to provide any previously delivered Form W-9 to such Seller. 

(d) If an Affected Person determines, in its sole discretion, that it has received a refund or the benefit of a credit of any Taxes or Other
Taxes as to which it has been indemnified by the Seller, it shall pay over such refund or credit to the Seller (but only to the extent of indemnity payments made, or additional amounts paid, by the Seller under this Section 1.10 with
respect to the Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of such Affected Person and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund net of
any applicable Taxes payable in respect of such interest); provided, that the Seller, upon the request of such Affected Person, agrees to repay the amount paid over to the Seller (plus any penalties, interest or other charges imposed by the relevant
Governmental Authority) to such Affected Person in the event such Affected Person is required to repay such refund to such Governmental Authority. This Section 1.10 shall not be construed to require any Affected Person to make available
its tax returns (or any other information relating to its Taxes which it deems confidential) to the Seller or any other Person. 
 (e) If an
Affected Person requests indemnification or repayment under this Section 1.10, a certificate describing in reasonable detail such amounts and the basis for such Affected Person’s demand for such amounts shall be submitted to the
Seller and the applicable Purchaser Agent by such Affected Person and shall be conclusive and binding for all purposes, absent manifest error. 

(f) Within a reasonable time period after an obligation of the Seller to indemnify or repay an Affected Person pursuant to this
Section 1.10 arises, such Affected Person shall notify the Seller and the Servicer of such fact. 

  
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 (g) Notwithstanding anything in this Section 1.10 to the contrary, the Seller shall
not be required to pay to an Affected Person any amount pursuant to this Section 1.10 to the extent (i) such amount has been fully and finally paid in cash to such Affected Person pursuant to any other provision of this Agreement or any
other Transaction Document or (ii) the payment of such amount is expressly excluded by any provision of this Agreement or any other Transaction Document. 

(h) If a payment made to an Affected Person under any Transaction Document would be subject to U.S. federal withholding Tax imposed by FATCA
if such Affected Person were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Affected Person shall deliver to the Seller and the
Administrator at the time or times prescribed by applicable law and at such time or times reasonably requested by the Seller or the Administrator such documentation prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Seller or the Administrator as may be necessary for the Seller and the Administrator to comply with their obligations under FATCA and to
determine that such Affected Person has complied with such Affected Person’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. 

Section 1.11 Inability to Determine Euro-Rate or LMIR. (a) If the Administrator (or any Purchaser Agent) determines on any
Business Day (which determination shall be final and conclusive absent manifest error) that, by reason of circumstances affecting the interbank eurodollar market generally, (i) deposits in dollars are not being offered to banks in the interbank
eurodollar market for such day, (ii) adequate means do not exist for ascertaining the Euro-Rate or LMIR for such day or (iii) the Euro-Rate or LMIR does not accurately reflect the cost to any Purchaser (as determined by such Purchaser or
such Purchaser’s Purchaser Agent) of maintaining any Portion of Capital during any Yield Period (or portion thereof), then the Administrator (or any Purchaser Agent) shall give notice thereof to the Seller. Thereafter, until the Administrator
or such Purchaser Agent notifies the Seller that the circumstances giving rise to such suspension no longer exist, (A) no Portion of Capital shall be funded at the Alternate Rate determined by reference to the Euro-Rate or LMIR and (B) the
Discount for any outstanding Portions of Capital then funded at the Alternate Rate determined by reference to the Euro-Rate or LMIR shall be converted to the Alternate Rate determined by reference to the Base Rate. 

(b) If, on any day, the Administrator shall have been notified by any Purchaser, Purchaser Agent or Liquidity Provider that such Person has
determined (which determination shall be final and conclusive) that, any enactment, promulgation or adoption of or any change in any applicable law, rule or regulation, or any change in the interpretation or administration thereof by a governmental
authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by such Person with any guideline, request or directive (whether or not having the force of law) of any such authority, central
bank or comparable agency shall make it unlawful or impossible for such Person to fund or maintain any Portion of Capital at the Alternate Rate determined by reference to the Euro-Rate or LMIR, then the Administrator shall notify the Seller thereof.
Upon receipt of such notice, until the Administrator notifies the Seller that the circumstances giving rise to such determination no longer apply, (A) no Portion of Capital shall be funded at the Alternate Rate determined by reference to the
Euro-Rate or LMIR and (B) the Discount for any outstanding Portions of Capital then funded at the Alternate Rate determined by reference to the Euro-Rate or LMIR shall be 

  
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converted to the Alternate Rate determined by reference to the Base Rate either (i) on the last day of the then current Yield Period (or solely with respect to LMIR, immediately) if such
Affected Person may lawfully continue to maintain such Portion of Capital at the Alternate Rate determined by reference to the Euro-Rate or LMIR to such day, or (ii) immediately, if such Affected Person may not lawfully continue to maintain
such Portion of Capital at the Alternate Rate determined by reference to the Euro-Rate or LMIR to such day. 
 Section 1.12
Extension of Termination Date. The Seller may advise the Administrator and each Purchaser Agent in writing of its desire to extend the then current Facility Termination Date; provided such request is made not more than 120 days prior to, and
not less than 90 days prior to, the then current Facility Termination Date. In the event that the Purchasers are all agreeable to such extension, the Administrator shall so notify the Seller in writing (it being understood that the Purchasers may
accept or decline such a request in their sole discretion and on such terms as they may elect) not less than 30 days prior to the then current Facility Termination Date and the Seller, the Servicer, the Administrator, the Purchaser Agents and the
Purchasers shall enter into such documents as the Purchasers may deem reasonably necessary or appropriate to reflect such extension, and all reasonable costs and expenses incurred by the Purchasers, the Administrator and the Purchaser Agents in
connection therewith (including reasonable Attorneys’ Costs) shall be paid by the Seller. In the event any Purchaser declines the request for such extension, (a) the Purchase Limit shall be reduced ratably with respect to the Purchasers in
each Purchaser Group by an amount equal to the Commitment of such Exiting Purchaser and the Commitment Percentages and Group Commitments of the Purchasers within each Purchaser Group shall be appropriately adjusted and (b) such Purchaser (or
the applicable Purchaser Agent on its behalf) shall so notify the Administrator and the Administrator shall so notify the Seller of such determination; provided, however, that the failure of the Administrator to notify the Seller of the
determination to decline such extension shall not affect the understanding and agreement that the applicable Purchasers shall be deemed to have refused to grant the requested extension in the event the Administrator fails to affirmatively notify the
Seller, in writing, of their agreement to accept the requested extension. Each Purchaser Agent agrees to give the Seller and Servicer 60 days’ prior written notice (an “Exiting Notice”) if the then current Facility Termination Date
will not be extended with respect to any Purchaser for which it acts as Purchaser Agent. 
 Section 1.13 Mitigation Obligations;
Replacement of Purchasers. (a) If any Affected Person requests compensation under Section 1.7, Section 1.8 or Section 1.9, or if the Seller is required to pay any additional amount to any Affected Person
or any Governmental Authority for the account of any Affected Person pursuant to Section 1.10, then such Affected Person will use all reasonable efforts to take such action as it deems appropriate to avoid the need for, or reduce the
amount of, such compensation that would not be otherwise disadvantageous to such Affected Person; provided, however, that no Affected Person shall be obligated to incur any expense, cost or other amount in connection with utilizing
such reasonable efforts. 
 (b) At any time there is more than one Purchaser Group, the Seller shall be permitted to replace any Purchaser
(and the related Purchaser Group) (other than the Purchaser Group of which the Administrator is a member or any Purchaser which is administered by the Administrator or an Affiliate thereof) who has requested compensation under
Section 1.7, Section 1.8 or Section 1.9, or if the Seller is required to pay any additional amount to such Purchaser or any Governmental Authority for the account of such Purchaser pursuant to


  
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Section 1.10; provided that (i) the replacement financial institution shall purchase, at par, all Capital and other amounts owing to such replaced Purchaser on or prior to the
date of replacement, (ii) the replacement financial institution, if not already a member of an existing Purchaser Group, shall be reasonably satisfactory to the Administrator, (iii) until such time as such replacement shall be consummated,
the Seller shall pay all additional amounts requested, subject to the terms of this Agreement, and (iv) any such replacement shall not be deemed to be a waiver of any rights that the Seller, the Administrator or any other Purchaser shall have
against the replaced Purchaser or any member of its Purchaser Group. 
 ARTICLE II 

REPRESENTATIONS AND WARRANTIES; COVENANTS; 

TERMINATION EVENTS 

Section 2.1 Representations and Warranties; Covenants. Each of the Seller and the Servicer hereby makes the representations and
warranties, and hereby agrees to perform and observe the covenants, applicable to it set forth in Exhibits III and IV, respectively. 

Section 2.2 Termination Events. If any of the Termination Events set forth in Exhibit V shall occur, the Administrator may
(with the consent of the Majority Purchaser Agents) or shall (at the direction of the Majority Purchaser Agents), by notice to the Seller, declare the Facility Termination Date to have occurred (in which case the Facility Termination Date shall be
deemed to have occurred); provided, that automatically upon the occurrence of any event (without any requirement for the passage of time or the giving of notice) described in paragraph (f) of Exhibit V, the Facility
Termination Date shall occur. Upon any such declaration, occurrence or deemed occurrence of the Facility Termination Date, the Administrator, each Purchaser Agent and each Purchaser shall have, in addition to the rights and remedies that they may
have under this Agreement, all other rights and remedies provided after default under the UCC and under other applicable law, which rights and remedies shall be cumulative. 

ARTICLE III 

INDEMNIFICATION 

Section 3.1 Indemnities by the Seller. Without limiting any other rights any such Person may have hereunder or under applicable
law, the Seller hereby indemnifies and holds harmless, on an after-tax basis, the Administrator, each Purchaser Agent, each Liquidity Provider, each Program Support Provider and each Purchaser and their respective officers, directors, agents and
employees (each an “Indemnified Party”) from and against any and all damages, losses, claims, liabilities, penalties, Taxes, costs and expenses (including reasonable Attorneys’ Costs and disbursements) (all of the foregoing
collectively, “Indemnified Amounts”) awarded against or incurred by any Indemnified Party (i) arising out of or as a result of the failure of the Seller to perform its obligations under this Agreement or any other Transaction
Document or the failure of any Originator to perform its obligations under the Sale Agreement or any other Transaction Document or (ii) arising out of any claims asserted by a third party against an Indemnified Party relating to the
transactions contemplated in this Agreement, the Sale Agreement and the other Transaction Documents; excluding, however, (a) Indemnified Amounts 

  
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to the extent resulting from gross negligence or willful misconduct on the part of an Indemnified Party seeking indemnification, (b) any indemnification for non-payment of any Receivable as
a consequence of the bankruptcy or insolvency of the Obligor or other credit-related reasons with respect to the Obligor, and (c) (I) any net income or franchise tax imposed on an Indemnified Party, including taxes imposed by the
jurisdiction under whose laws such Indemnified Party is organized, the jurisdiction of such Indemnified Party’s principal place of business or the jurisdiction in which such Indemnified Party holds its undivided percentage ownership interest in
the Purchased Interest, or any political subdivision thereof, (II) any tax attributable to any Indemnified Party’s failure to comply with Section 1.10(c), or (III) any U.S. federal withholding Taxes imposed under FATCA. Without
limiting the foregoing indemnification and subject to the exclusions set forth in the immediately preceding sentence, the Seller shall indemnify each Indemnified Party for Indemnified Amounts relating to or resulting from: 

(i) the breach of any representation or warranty made by the Seller (or any employee or agent of the Seller) under or in
connection with this Agreement, any Information Package, any Weekly Report or any other information or report delivered by or on behalf of the Seller pursuant hereto, which shall have been false or incorrect in any respect when made or deemed made;

 (ii) the failure by the Seller to comply with any applicable law, rule or regulation related to any Receivable, or the
nonconformity of any Receivable with any such applicable law, rule or regulation; 
 (iii) any action or omission by the
Seller that causes or permits the Purchased Interest to be subject to any Adverse Claim, or any action by the Seller inconsistent with the Administrator’s acquisition and ownership (for the benefit of the Purchasers) of the Purchased Interest,
free of any Adverse Claim arising through the Seller or any Originator; 
 (iv) prior to remittance of such funds to the
Administrator, any commingling of funds to which the Administrator, any Purchaser Agent or any Purchaser is entitled hereunder with any other funds; 

(v) any failure of a Lock-Box Bank (other than PNC) to comply with the terms of the applicable Lock-Box Agreement; 

(vi) any dispute, claim, offset or defense (other than discharge in bankruptcy or similar insolvency proceeding of an Obligor)
of the Obligor to the payment of any Receivable, or any other claim resulting from the sale or lease of goods or the rendering of services related to such Receivable or the furnishing or failure to furnish any such goods or services or other similar
claim or defense not arising from the credit risk or financial inability of the Obligor to pay undisputed indebtedness; 

(vii) any action taken by the Administrator as attorney-in-fact for the Seller or any Originator pursuant to and in accordance
with this Agreement or any other Transaction Document; or 
 (viii) any environmental liability claim, products liability
claim or personal injury or property damage suit or other similar or related claim or action of whatever sort, arising out of or in connection with any Receivable or any other suit, claim or action of whatever sort relating to any of the Transaction
Documents. 

  
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 Section 3.2 Indemnities by the Servicer. Without limiting any other rights that any
Indemnified Party may have hereunder or under applicable law, the Servicer hereby agrees to indemnify each Indemnified Party from and against any and all Indemnified Amounts arising out of or resulting from (whether directly or indirectly):
(a) the failure of any information contained in any Information Package or any Weekly Report to be true and correct, or the failure of any other information provided to such Indemnified Party by, or on behalf of, the Servicer to be true and
correct, (b) the failure of any representation, warranty or statement made or deemed made by the Servicer (or any of its officers) under or in connection with this Agreement or any other Transaction Document to which it is a party to have been
true and correct as of the date made or deemed made in all respects when made, (c) the failure by the Servicer to comply with any applicable law, rule or regulation with respect to any Pool Receivable or the related Contract, (d) any
dispute, claim, offset or defense of the Obligor to the payment of any Receivable in, or purporting to be in, the Receivables Pool resulting from or related to the collection activities with respect to such Receivable and not resulting from the
financial inability of the Obligor to pay or (e) any failure of the Servicer to perform its obligations in accordance with the provisions of this Agreement or any other Transaction Document to which it is a party; excluding,
however, (a) Indemnified Amounts to the extent resulting from gross negligence or willful misconduct of the Indemnified Party seeking indemnification, (b) any indemnification for non-payment of any Receivable as a consequence of the
bankruptcy or insolvency of the Obligor or other credit-related reasons with respect to the Obligor, and (c) (I) any net income or franchise tax imposed on an Indemnified Party by the jurisdiction under whose laws such Indemnified Party is
organized, the jurisdiction of such Indemnified Party’s principal place of business or the jurisdiction in which such Indemnified Party holds its undivided percentage ownership interest in the Purchased Interest, or any political subdivision
thereof, (II) any tax attributable to any Indemnified Party’s failure to comply with Section 1.10(c), or (III) any U.S. federal withholding Taxes imposed under FATCA. 

ARTICLE IV 

ADMINISTRATION AND COLLECTIONS 

Section 4.1 Appointment of the Servicer. 

(a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as
the Servicer in accordance with this Section 4.1. Until the Administrator gives notice to Presidio (in accordance with this Section 4.1) of the designation of a new Servicer, Presidio is hereby designated as, and hereby
agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuance of a Servicer Default, the Administrator may (with the consent of the Majority Purchaser Agents) or shall (at
the direction of the Majority Purchaser Agents) designate as Servicer any Person (including itself) to succeed Presidio or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and
obligations of the Servicer pursuant to the terms hereof. 

  
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 (b) Upon the designation of a successor Servicer as set forth in clause (a), Presidio
agrees that it will terminate its activities as Servicer hereunder in a manner that the Administrator determines will facilitate the transition of the performance of such activities to the new Servicer, and Presidio shall cooperate with and assist
such new Servicer. Such cooperation shall include access to and transfer of related records (including all Contracts) (except to the extent any such transfer is prohibited by applicable law) and use by the new Servicer of all licenses, hardware or
software necessary or desirable to collect the Pool Receivables and the Related Security. 
 (c) Presidio acknowledges that, in making their
decision to execute and deliver this Agreement, the Administrator and each member in each Purchaser Group have relied on Presidio’s agreement to act as Servicer hereunder. Accordingly, Presidio agrees that it will not voluntarily resign as
Servicer. 
 (d) The Servicer may delegate its duties and obligations hereunder to any subservicer (each a “Sub-Servicer”);
provided, that, in each such delegation: (i) such Sub-Servicer shall agree in writing to perform the duties and obligations of the Servicer pursuant to the terms hereof, (ii) the Servicer shall remain liable for the performance of
the duties and obligations so delegated, (iii) the Seller, the Administrator and each Purchaser Group shall have the right to look solely to the Servicer for performance, and (iv) the terms of any agreement with any Sub-Servicer shall
provide that the Administrator may terminate such agreement upon the termination of the Servicer hereunder by giving notice of its desire to terminate such agreement to the Servicer (and the Servicer shall provide appropriate notice to each such
Sub-Servicer); provided, however, that if any such delegation is to any Person other than an Originator or an Affiliate thereof, the Administrator and the Majority Purchaser Agents shall have consented in writing in advance to such
delegation. 
 (e) (i) Pursuant to Section 4.1(d), the Servicer hereby delegates to and appoints the Sub-Servicers
identified on the signature pages hereto to perform certain duties and obligations of the Servicer set forth in Article IV and as more particularly set forth herein with respect to the servicing, administration and collection of the Pool
Receivables. Subject to the terms and conditions set forth herein, each Sub-Servicer hereby accepts such appointment and agrees to act in such capacity and to perform or cause the performance of the duties and obligations as more particularly
described herein. 
 (ii) Notwithstanding the appointment of the Sub-Servicers hereunder, the Servicer agrees that the
Servicer shall remain primarily liable for the performance of the duties and obligations so delegated, and the Administrator and each Purchaser shall have the right to look solely to the Servicer for such performance. 

(iii) Each Sub-Servicer shall take, or cause to be taken, all actions necessary or advisable to administer and collect each
Pool Receivable, from time to time, all in accordance with this Agreement and all applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policies. Each Sub-Servicer will perform
its duties or obligations in accordance with the provisions of this Agreement. Each Sub-Servicer (at its expense) will comply in all material respects with the Credit and Collection Policies, and refrain from any action that may impair the rights of
the Seller, the Administrator or the Purchasers in the Pool Receivables, Collections or Lock-Box Accounts. 

  
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 (iv) The Sub-Servicers’ duties and obligations hereunder shall terminate
upon the termination of the Servicer under this Agreement. 
 (v) Each Sub-Servicer agrees to take any action reasonably
requested by the Administrator to facilitate the exercise of rights described in this Agreement, including but not limited to the actions set forth in Section 4.4. 

(f) For the avoidance of doubt, nothing in this Agreement shall have the effect of making the Servicer liable for any obligations of the
Seller under this Agreement or the other Transaction Documents and nothing in this Agreement shall constitute the giving of a guarantee or the assumption of a similar obligation by the Servicer in respect of the performance by the Seller of its
obligations under this Agreement or the other Transaction Documents. 
 Section 4.2 Duties of the Servicer. 

(a) The Servicer shall take or cause to be taken all such action as may be necessary or advisable to administer and collect each Pool
Receivable from time to time, all in accordance in all material respects with this Agreement and all applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policies. The Servicer
shall set aside for the accounts of the Seller and each Purchaser Group the amount of Collections to which each such Purchaser Group is entitled in accordance with Article I hereof. The Servicer may correct errors in Receivables and records
of Receivables, including correcting to conform to applicable laws, rules and regulations, and to the applicable Contract, and, in accordance with the applicable Credit and Collection Policy, take such action, including modifications, waivers or
restructurings of Pool Receivables and the related Contracts, as the Servicer may reasonably determine to be appropriate to maximize Collections thereof or reflect adjustments permitted under the Credit and Collection Policy; provided,
however, that: (i) corrections, modifications, waivers and restructurings shall not alter the status of such Pool Receivable as a Delinquent Receivable or a Defaulted Receivable or limit the rights of any Purchaser, Purchaser Agent or
the Administrator under this Agreement and (ii) if a Termination Event, an Unmatured Termination Event, a Servicer Default or an Unmatured Servicer Default has occurred and is continuing and Presidio or an Affiliate thereof is serving as the
Servicer, Presidio or such Affiliate may make such extension or adjustment only upon the prior approval of the Administrator. The Seller shall deliver to the Servicer and the Servicer shall hold for the benefit of the Seller and the Administrator
(individually and for the benefit of each Purchaser Group, in accordance with their respective interests), all records and documents (including computer tapes or disks) with respect to each Pool Receivable. Notwithstanding anything to the contrary
contained herein, the Administrator may direct the Servicer (whether the Servicer is Presidio or any other Person) to commence or settle any legal action to enforce collection of any Pool Receivable or to foreclose upon or repossess any Related
Security. 
 (b) The Servicer shall, as soon as practicable following actual receipt of collected funds, turn over to the Seller the
collections of any indebtedness that is not a Pool Receivable, less, if Presidio or an Affiliate thereof is not the Servicer, all reasonable and appropriate out-of-pocket costs and expenses of such Servicer of servicing, collecting and administering
such collections. The Servicer, if other than Presidio or an Affiliate thereof, shall, as soon as practicable upon demand, deliver to the Seller all records in its possession that evidence or relate to any indebtedness that is not a Pool Receivable,
and copies of records in its possession that evidence or relate to any indebtedness that is a Pool Receivable. 

  
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 (c) The Servicer’s obligations hereunder shall terminate on the later of: (i) the
Facility Termination Date and (ii) the date on which all amounts required to be paid to the Purchaser Agents, each Purchaser, the Administrator and any other Indemnified Party or Affected Person hereunder shall have been paid in full. 

After such termination, if Presidio or an Affiliate thereof was not the Servicer on the date of such termination, the Servicer shall promptly
deliver to the Seller all books, records and related materials that the Seller previously provided to the Servicer, or that have been obtained by the Servicer, in connection with this Agreement. 

Section 4.3 Lock-Box Account Arrangements. Prior to the Closing Date, the Seller shall have entered into Lock-Box Agreements with
all of the Lock-Box Banks and delivered original counterparts of each to the Administrator, and instructed all applicable Obligors to remit Collections to a Lock-Box Account. Upon the occurrence and during the continuation of a Termination Event or
Servicer Default, the Administrator may (with the consent of the Majority Purchaser Agents) or shall (upon the direction of the Majority Purchaser Agents) at any time thereafter give notice to each Lock-Box Bank that the Administrator is exercising
its rights under the Lock-Box Agreements to do any or all of the following: (a) to have the exclusive ownership and control of the Lock-Box Accounts transferred to the Administrator (for the benefit of the Purchasers) and to exercise exclusive
dominion and control over the funds deposited therein, (b) to have the proceeds that are sent to the respective Lock-Box Accounts redirected pursuant to the Administrator’s instructions rather than deposited in the applicable Lock-Box
Account, and (c) to take any or all other actions permitted under the applicable Lock-Box Agreement. The Administrator hereby agrees that it shall not give such notice or exercise such rights with respect to any such Lock-Box Account unless a
Termination Event or a Servicer Default has occurred and is continuing or the Administrator is otherwise entitled to exercise rights or remedies under Article 9 of the UCC. The Seller hereby agrees that if the Administrator at any time takes any
action set forth in this Section 4.3 (after the occurrence and during the continuation of a Termination Event or Servicer Default), the Administrator shall have exclusive control (for the benefit of the Purchasers) of the proceeds
(including Collections) of all Pool Receivables and the Seller hereby further agrees to take any other action that the Administrator or any Purchaser Agent may reasonably request to transfer such control. Any proceeds of Pool Receivables received by
the Seller or the Servicer thereafter shall be sent immediately to, or as otherwise instructed by, the Administrator. The parties hereto hereby acknowledge that if at any time the Administrator takes control of any Lock-Box Account, the
Administrator shall not have any rights to the funds therein in excess of the unpaid amounts due to the Administrator, any member of any Purchaser Group, any Indemnified Party or Affected Person or any other Person hereunder, and the Administrator
shall distribute or cause to be distributed such funds in accordance with Section 4.2(b) and Article I (in each case as if such funds were held by the Servicer thereunder). 

  
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 Section 4.4 Enforcement Rights. 

(a) At any time following the occurrence and during the continuation of a Termination Event: 

(i) the Administrator may direct the Obligors that payment of all amounts payable under any Pool Receivable is to be made
directly to the Administrator or its designee, 
 (ii) the Administrator may instruct the Seller or the Servicer to give
notice of the Purchaser Groups’ interest in Pool Receivables to each Obligor, which notice shall direct that payments be made directly to the Administrator or its designee (on behalf of such Purchaser Groups), and the Seller or the Servicer, as
the case may be, shall give such notice at the expense of the Seller or the Servicer, as the case may be; provided, that if the Seller or the Servicer, as the case may be, fails to so notify each Obligor, the Administrator (at the
Seller’s or the Servicer’s, as the case may be, expense) may so notify the Obligors, and 
 (iii) the Administrator
may request the Servicer to, and upon such request the Servicer shall: (A) assemble all of the records necessary or desirable to collect the Pool Receivables and the Related Security, and transfer or license to a successor Servicer the use of
all software necessary or desirable to collect the Pool Receivables and the Related Security, and make the same available to the Administrator or its designee (for the benefit of the Purchasers) at a place selected by the Administrator, and
(B) segregate all cash, checks and other instruments received by it from time to time constituting Collections in a manner acceptable to the Administrator and, promptly upon receipt, remit all such cash, checks and instruments, duly endorsed or
with duly executed instruments of transfer, to the Administrator or its designee. 
 (b) The Seller hereby authorizes the Administrator (on
behalf of each Purchaser Group), and irrevocably appoints the Administrator as its attorney-in-fact with full power of substitution and with full authority in the place and stead of the Seller, which appointment is coupled with an interest, to take
any and all steps in the name of the Seller and on behalf of the Seller necessary or desirable, in the determination of the Administrator, after the occurrence and during the continuation of a Termination Event, to collect any and all amounts or
portions thereof due under any and all Pool Assets, including endorsing the name of the Seller on checks and other instruments representing Collections and enforcing such Pool Assets. Notwithstanding anything to the contrary contained in this
subsection, none of the powers conferred upon such attorney-in-fact pursuant to the preceding sentence shall subject such attorney-in-fact to any liability if any action taken by it shall prove to be inadequate or invalid, nor shall they confer any
obligations upon such attorney-in-fact in any manner whatsoever. 
 Section 4.5 Responsibilities of the Seller. 

(a) Anything herein to the contrary notwithstanding, the Seller shall: (i) perform all of its obligations, if any, under the Contracts
related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Administrator, the Purchaser Agents or the Purchasers of their respective rights hereunder shall
not relieve the Seller from such obligations, and (ii) pay when due any taxes, including any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The Administrator, the Purchaser Agents or any of the
Purchasers shall not have any obligation or liability with respect to any Pool Asset, nor shall any of them be obligated to perform any of the obligations of the Seller, Servicer, Presidio or the Originators thereunder. 

  
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 (b) Presidio hereby irrevocably agrees that if at any time it shall cease to be the Servicer
hereunder, it shall act (if the then-current Servicer so requests) as the data-processing agent of the Servicer and, in such capacity, Presidio shall conduct the data-processing functions of the administration of the Receivables and the Collections
thereon in substantially the same way that Presidio conducted such data-processing functions while it acted as the Servicer. 

Section 4.6 Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing
Fee”) equal to 1.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Purchasers’ Share of such fee shall be paid through the distributions
contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller. 
 (b) If the
Servicer ceases to be Presidio or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed
110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer. 

ARTICLE V 
 THE AGENTS

 Section 5.1 Appointment and Authorization. (a) Each Purchaser and Purchaser Agent hereby irrevocably designates and
appoints PNC Bank, National Association, as the “Administrator” hereunder and authorizes the Administrator to take such actions and to exercise such powers as are delegated to the Administrator hereby and to exercise such other powers as
are reasonably incidental thereto. The Administrator shall hold, in its name, for the benefit of each Purchaser, ratably, the Purchased Interest. The Administrator shall not have any duties other than those expressly set forth herein or any
fiduciary relationship with any Purchaser or Purchaser Agent, and no implied obligations or liabilities shall be read into this Agreement, or otherwise exist, against the Administrator. The Administrator does not assume, nor shall it be deemed to
have assumed, any obligation to, or relationship of trust or agency with, the Seller or Servicer. Notwithstanding any provision of this Agreement or any other Transaction Document to the contrary, in no event shall the Administrator ever be required
to take any action which exposes the Administrator to personal liability or which is contrary to the provision of any Transaction Document or applicable law. 

(b) Each Purchaser hereby irrevocably designates and appoints the respective institution identified as the Purchaser Agent for such
Purchaser’s Purchaser Group on the signature pages hereto or in the Assumption Agreement or Transfer Supplement pursuant to which such Purchaser becomes a party hereto, and each authorizes such Purchaser Agent to take such action on its behalf
under the provisions of this Agreement and to exercise such powers and perform such duties as are expressly delegated to such Purchaser Agent by the terms of this Agreement, if any, together with such other powers as are reasonably incidental
thereto. Notwithstanding any provision to the contrary elsewhere in this Agreement, no Purchaser Agent shall have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Purchaser or other
Purchaser Agent or the Administrator, and no implied covenants, functions, responsibilities, duties, obligations or liabilities on the part of such Purchaser Agent shall be read into this Agreement or otherwise exist against such Purchaser Agent.


  
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 (c) Except as otherwise specifically provided in this Agreement, the provisions of this
Article V are solely for the benefit of the Purchaser Agents, the Administrator and the Purchasers, and none of the Seller or Servicer shall have any rights as a third party beneficiary or otherwise under any of the provisions of this
Article V, except that this Article V shall not affect any obligations which any Purchaser Agent, the Administrator or any Purchaser may have to the Seller or the Servicer under the other provisions of this Agreement.
Furthermore, no Purchaser shall have any rights as a third-party beneficiary or otherwise under any of the provisions hereof in respect of a Purchaser Agent which is not the Purchaser Agent for such Purchaser. 

(d) In performing its functions and duties hereunder, the Administrator shall act solely as the agent of the Purchasers and the Purchaser
Agents and does not assume nor shall be deemed to have assumed any obligation or relationship of trust or agency with or for the Seller or Servicer or any of their successors and assigns. In performing its functions and duties hereunder, each
Purchaser Agent shall act solely as the agent of its respective Purchaser and does not assume nor shall be deemed to have assumed any obligation or relationship of trust or agency with or for the Seller, the Servicer, any other Purchaser, any other
Purchaser Agent or the Administrator, or any of their respective successors and assigns. 
 Section 5.2 Delegation of Duties.
The Administrator may execute any of its duties through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Administrator shall not be responsible for the negligence or
misconduct of any agents or attorneys-in-fact selected by it with reasonable care. 
 Section 5.3 Exculpatory Provisions. None
of the Purchaser Agents, the Administrator or any of their respective directors, officers, agents or employees shall be liable for any action taken or omitted (i) with the consent or at the direction of the Majority Purchaser Agents (or in the
case of any Purchaser Agent, the Purchasers within its Purchaser Group that have a majority of the aggregate Commitment of such Purchaser Group) or (ii) in the absence of such Person’s gross negligence or willful misconduct. The
Administrator shall not be responsible to any Purchaser, Purchaser Agent or other Person for (i) any recitals, representations, warranties or other statements made by the Seller, the Servicer, any Originator or any of their Affiliates,
(ii) the value, validity, effectiveness, genuineness, enforceability or sufficiency of any Transaction Document, (iii) any failure of the Seller, the Servicer, any Originator or any of their Affiliates to perform any obligation hereunder
or under the other Transaction Documents to which it is a party (or under any Contract), or (iv) the satisfaction of any condition specified in Exhibit II. The Administrator shall not have any obligation to any Purchaser or Purchaser
Agent to ascertain or inquire about the observance or performance of any agreement contained in any Transaction Document or to inspect the properties, books or records of the Seller, the Servicer, any Originator or any of their respective
Affiliates. 
 Section 5.4 Reliance by Agents. (a) Each Purchaser Agent and the Administrator shall in all cases be
entitled to rely, and shall be fully protected in relying, upon any document or other writing or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person and upon advice and statements of legal
counsel (including counsel to the Seller), independent accountants and other experts selected by the Administrator. Each 

  
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Purchaser Agent and the Administrator shall in all cases be fully justified in failing or refusing to take any action under any Transaction Document unless it shall first receive such advice or
concurrence of the Majority Purchaser Agents (or in the case of any Purchaser Agent, the Purchasers within its Purchaser Group that have a majority of the aggregate Commitment of such Purchaser Group), and assurance of its indemnification, as it
deems appropriate. 
 (b) The Administrator shall in all cases be fully protected in acting, or in refraining from acting, under this
Agreement in accordance with a request of the Majority Purchaser Agents or the Purchaser Agents, and such request and any action taken or failure to act pursuant thereto shall be binding upon all Purchasers, the Administrator and Purchaser Agents.

 (c) The Purchasers within each Purchaser Group with a majority of the Commitment of such Purchaser Group shall be entitled to request or
direct the related Purchaser Agent to take action, or refrain from taking action, under this Agreement on behalf of such Purchasers. Such Purchaser Agent shall in all cases be fully protected in acting, or in refraining from acting, under this
Agreement in accordance with a request of such Majority Purchaser Agents, and such request and any action taken or failure to act pursuant thereto shall be binding upon all of such Purchaser Agent’s Purchasers. 

(d) Unless otherwise advised in writing by a Purchaser Agent or by any Purchaser on whose behalf such Purchaser Agent is purportedly acting,
each party to this Agreement may assume that (i) such Purchaser Agent is acting for the benefit of each of the Purchasers in respect of which such Purchaser Agent is identified as being the “Purchaser Agent” in the definition of
“Purchaser Agent” hereto, as well as for the benefit of each assignee or other transferee from any such Person, and (ii) each action taken by such Purchaser Agent has been duly authorized and approved by all necessary action on the
part of the Purchasers on whose behalf it is purportedly acting. Each Purchaser Agent and its Purchaser(s) shall agree amongst themselves as to the circumstances and procedures for removal, resignation and replacement of such Purchaser Agent. 

Section 5.5 Notice of Termination Events. Neither any Purchaser Agent nor the Administrator shall be deemed to have knowledge or
notice of the occurrence of any Termination Event, Unmatured Termination Event, Servicer Default or Unmatured Servicer Default unless such Administrator has received notice from any Purchaser, Purchaser Agent, the Servicer or the Seller stating that
a Termination Event, an Unmatured Termination Event, a Servicer Default or an Unmatured Servicer Default has occurred hereunder and describing such Termination Event, Unmatured Termination Event, Servicer Default or Unmatured Servicer Default. In
the event that the Administrator receives such a notice, it shall promptly give notice thereof to each Purchaser Agent whereupon each such Purchaser Agent shall promptly give notice thereof to its related Purchasers. In the event that a Purchaser
Agent receives such a notice (other than from the Administrator), it shall promptly give notice thereof to the Administrator. The Administrator shall take such action concerning a Termination Event, an Unmatured Termination Event, a Servicer Default
or an Unmatured Servicer Default as may be directed by the Majority Purchaser Agents unless such action otherwise requires the consent of all Purchasers), but until the Administrator receives such directions, the Administrator may (but shall not be
obligated to) take such action, or refrain from taking such action, as the Administrator deems advisable and in the best interests of the Purchasers and the Purchaser Agents. 

  
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 Section 5.6 Non-Reliance on Administrator, Purchaser Agents and Other Purchasers.
Each Purchaser expressly acknowledges that none of the Administrator, the Purchaser Agents nor any of their respective officers, directors, employees, agents, attorneys-in-fact or Affiliates has made any representations or warranties to it and that
no act by the Administrator, or any Purchaser Agent hereafter taken, including any review of the affairs of the Seller, Presidio, the Servicer or any Originator, shall be deemed to constitute any representation or warranty by the Administrator or
such Purchaser Agent, as applicable. Each Purchaser represents and warrants to the Administrator and the Purchaser Agents that, independently and without reliance upon the Administrator, Purchaser Agents or any other Purchaser and based on such
documents and information as it has deemed appropriate, it has made and will continue to make its own appraisal of and investigation into the business, operations, property, prospects, financial and other conditions and creditworthiness of the
Seller, Presidio, the Servicer or the Originators, and the Receivables and its own decision to enter into this Agreement and to take, or omit, action under any Transaction Document. Except for items specifically required to be delivered hereunder,
the Administrator shall not have any duty or responsibility to provide any Purchaser Agent with any information concerning the Seller, Presidio, the Servicer or the Originators or any of their Affiliates that comes into the possession of the
Administrator or any of its officers, directors, employees, agents, attorneys-in-fact or Affiliates. 
 Section 5.7 Administrators
and Affiliates. Each of the Purchasers and the Administrator and any of their respective Affiliates may extend credit to, accept deposits from and generally engage in any kind of banking, trust, debt, entity or other business with the Seller,
Presidio, the Servicer or any Originator or any of their Affiliates. With respect to the acquisition of the Eligible Receivables pursuant to this Agreement, each of the Purchaser Agents and the Administrator shall have the same rights and powers
under this Agreement as any Purchaser and may exercise the same as though it were not such an agent, and the terms “Purchaser” and “Purchasers” shall include, to the extent applicable, each of the Purchaser Agents and the
Administrator in their individual capacities. 
 Section 5.8 Indemnification. Each Related Committed Purchaser shall indemnify
and hold harmless the Administrator (but solely in its capacity as Administrator) and its officers, directors, employees, representatives and agents (to the extent not reimbursed by the Seller, the Servicer or any Originator and without limiting the
obligation of the Seller, the Servicer, or any Originator to do so), ratably (based on its Commitment) from and against any and all liabilities, obligations, losses, damages, penalties, judgments, settlements, costs, expenses and disbursements of
any kind whatsoever (including in connection with any investigative or threatened proceeding, whether or not the Administrator or such Person shall be designated a party thereto) that may at any time be imposed on, incurred by or asserted against
the Administrator or such Person as a result of, or related to, any of the transactions contemplated by the Transaction Documents or the execution, delivery or performance of the Transaction Documents or any other document furnished in connection
therewith (but excluding any such liabilities, obligations, losses, damages, penalties, judgments, settlements, costs, expenses or disbursements resulting solely from the gross negligence or willful misconduct of the Administrator or such Person as
finally determined by a court of competent jurisdiction). 

  
 27 








 Section 5.9 Successor Administrator. The Administrator may, upon at least five
(5) days’ notice to the Seller, each Purchaser and Purchaser Agent, resign as Administrator. Such resignation shall not become effective until a successor Administrator is appointed by the Majority Purchaser Agents and has accepted such
appointment. Upon such acceptance of its appointment as Administrator hereunder by a successor Administrator, such successor Administrator shall succeed to and become vested with all the rights and duties of the retiring Administrator, and the
retiring Administrator shall be discharged from its duties and obligations under the Transaction Documents. After any retiring Administrator’s resignation hereunder, the provisions of Sections 3.1 and 3.2 and this Article V
shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Administrator. 
 ARTICLE VI 

MISCELLANEOUS 

Section 6.1 Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other Transaction Document, or
consent to any departure by the Seller or the Servicer therefrom, shall be effective unless in a writing signed by the Administrator and each of the Majority Purchaser Agents, and, in the case of any amendment, by the other parties thereto; and then
such amendment, waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however, that, to the extent required by the securitization program of any Conduit Purchaser, no
such material amendment shall be effective until the Rating Agency Condition shall have been satisfied with respect thereto (the Administrator hereby agrees to provide executed copies of any material amendment to or waiver of any provision of this
Agreement to the Rating Agencies); provided, further that no such amendment or waiver shall, without the consent of each affected Purchaser, (A) extend the date of any payment or deposit of Collections by the Seller or the
Servicer, (B) reduce the rate or extend the time of payment of Discount, (C) reduce any fees payable to the Administrator, any Purchaser Agent or any Purchaser pursuant to the applicable Purchaser Group Fee Letter, (D) change the
amount of Capital of any Purchaser, any Purchaser’s pro rata share of the Purchased Interest or any Related Committed Purchaser’s Commitment, (E) amend, modify or waive any provision of the definition of “Majority Purchaser
Agents” or this Section 6.1, (F) consent to or permit the assignment or transfer by the Seller of any of its rights and obligations under this Agreement, (G) change the definition of “Eligible Receivable,”
“Loss Reserve,” “Loss Reserve Percentage,” “Dilution Reserve,” “Dilution Reserve Percentage” or “Termination Event,” or (H) amend or modify any defined term (or any defined term used directly or
indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses. No failure on the part of the Purchasers, the Purchaser Agents or the
Administrator to exercise, and no delay in exercising any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other
right. 
 Section 6.2 Notices, Etc. All notices and other communications provided for hereunder shall, unless otherwise stated
herein, be in writing (including facsimile or electronic mail communication) and shall be personally delivered or sent by facsimile, electronic mail or by overnight mail, to the intended party at the mailing or electronic mail address or facsimile
number of such party set forth under its name on the signature pages hereof (or in any other document or agreement pursuant to which it is or became a party hereto), or at such other address or facsimile number as shall be designated by such party
in a written notice to the other parties hereto. All such notices and communications shall be effective (i) if delivered by overnight mail, when received, and (ii) if transmitted by facsimile or electronic mail, when sent, receipt
confirmed by telephone or electronic means. 

  
 28 








 Section 6.3 Successors and Assigns; Participations; Assignments. 

(a) Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns. Except as otherwise provided herein, (i) neither the Seller nor the Servicer may assign or transfer any of its rights or delegate any of its duties hereunder or under any Transaction Document without the prior consent of
the Administrator and the Purchaser Agents and (ii) the Administrator shall not assign or transfer any of its rights or delegate any of its duties hereunder or under any Transaction Document without the prior consent of the Seller (such consent
not to be unreasonably withheld or delayed); provided that the Seller’s consent shall not be required if a Termination Event, Unmatured Termination Event, Servicer Default or an Unmatured Servicer Default has occurred and is continuing.

 (b) Participations. Except as otherwise specifically provided herein, any Purchaser may sell to one or more Persons (each a
“Participant”) participating interests in the interests of such Purchaser hereunder; provided, however, that no Purchaser shall grant any participation under which the Participant shall have rights to approve any
amendment to or waiver of this Agreement or any other Transaction Document. Such Purchaser shall remain solely responsible for performing its obligations hereunder, and the Seller, each Purchaser Agent and the Administrator shall continue to deal
solely and directly with such Purchaser in connection with such Purchaser’s rights and obligations hereunder. A Purchaser shall not agree with a Participant to restrict such Purchaser’s right to agree to any amendment hereto, except
amendments that require the consent of all Purchasers. 
 (c) Assignments by Certain Related Committed Purchasers. Any Related
Committed Purchaser may assign to one or more Persons (each a “Purchasing Related Committed Purchaser”), reasonably acceptable to the Administrator and the related Purchaser Agent in its sole discretion, any portion of its
Commitment pursuant to a supplement hereto, substantially in the form of Annex D with any changes as have been approved by the parties thereto (each, a “Transfer Supplement”), executed by each such Purchasing Related
Committed Purchaser, such selling Related Committed Purchaser, such related Purchaser Agent and the Administrator if the Seller shall have given its prior written consent thereto (such consent not to be reasonably withheld or delayed); provided that
the Seller’s consent shall not be required if a Termination Event, Unmatured Termination Event, Servicer Default or Unmatured Servicer Default has occurred and is continuing. Any such assignment by Related Committed Purchaser cannot be for an
amount less than $10,000,000. Upon (i) the execution of the Transfer Supplement, (ii) delivery of an executed copy thereof to the Seller, such related Purchaser Agent and the Administrator and (iii) payment by the Purchasing Related
Committed Purchaser to the selling Related Committed Purchaser of the agreed purchase price, if any, such selling Related Committed Purchaser shall be released from its obligations hereunder to the extent of such assignment and such Purchasing
Related Committed Purchaser shall for all purposes be a Related Committed Purchaser party hereto and shall have all the rights and obligations of a Related Committed Purchaser hereunder to the same extent as if it were an original party hereto. The
amount of the Commitment of the selling Related Committed Purchaser allocable to such Purchasing Related Committed Purchaser shall be equal to the amount of the Commitment of the 

  
 29 








 
selling Related Committed Purchaser transferred regardless of the purchase price, if any, paid therefor. The Transfer Supplement shall be an amendment hereof only to the extent necessary to
reflect the addition of such Purchasing Related Committed Purchaser as a “Related Committed Purchaser” and any resulting adjustment of the selling Related Committed Purchaser’s Commitment. 

(d) Assignments to Liquidity Providers and other Program Support Providers. Any Conduit Purchaser may at any time grant to one or more
of its Liquidity Providers or other Program Support Providers, participating interests in its portion of the Purchased Interest. In the event of any such grant by such Conduit Purchaser of a participating interest to a Liquidity Provider or other
Program Support Provider, such Conduit Purchaser shall remain responsible for the performance of its obligations hereunder. The Seller agrees that each Liquidity Provider and Program Support Provider of any Conduit Purchaser hereunder shall be
entitled to the benefits of Section 1.7. 
 (e) Other Assignment by Conduit Purchasers. Each party hereto agrees and
consents (i) to any Conduit Purchaser’s assignment, participation, grant of security interests in or other transfers of any portion of, or any of its beneficial interest in, the Purchased Interest (or portion thereof), including without
limitation to any collateral agent in connection with its commercial paper program and (ii) to the complete assignment by any Conduit Purchaser of all of its rights and obligations hereunder to any other Person within such Conduit
Purchaser’s Purchaser Group, and upon such assignment such Conduit Purchaser shall be released from all obligations and duties, if any, hereunder; provided, however, that such Conduit Purchaser may not, without the prior consent
of its Related Committed Purchasers, make any such transfer of its rights hereunder unless the assignee (i) is principally engaged in the purchase of assets similar to the assets being purchased hereunder, (ii) has as its Purchaser Agent
the Purchaser Agent of the assigning Conduit Purchaser, and (iii) issues commercial paper or other Notes with credit ratings substantially comparable to the ratings of the assigning Conduit Purchaser; provided, further, that such
Conduit Purchaser may not make any assignment of its rights or obligations hereunder to any Person who is not a member of an existing Purchaser Group without the prior consent of the Seller (such consent not to be unreasonably withheld or delayed
and not required if a Termination Event, Unmatured Termination Event, Servicer Default or Unmatured Servicer Default has occurred and is continuing). Any assigning Conduit Purchaser shall deliver to any assignee a Transfer Supplement with any
changes as have been approved by the parties thereto, duly executed by such Conduit Purchaser, assigning any portion of its interest in the Purchased Interest to its assignee. Such Conduit Purchaser shall promptly (i) notify each of the other
parties hereto of such assignment and (ii) take all further action that the assignee reasonably requests in order to evidence the assignee’s right, title and interest in such interest in the Purchased Interest and to enable the assignee to
exercise or enforce any rights of such Conduit Purchaser hereunder. Upon the assignment of any portion of its interest in the Purchased Interest, the assignee shall have all of the rights hereunder with respect to such interest (except that the
Discount therefor shall thereafter accrue at the rate, determined with respect to the assigning Conduit Purchaser unless the Seller, the related Purchaser Agent and the assignee shall have agreed upon a different Discount). 

(f) Opinions of Counsel. If required by the Administrator or the applicable Purchaser Agent or to maintain the ratings of any Conduit
Purchaser, each Transfer Supplement must be accompanied by an opinion of counsel of the assignee as to such matters as the Administrator or such Purchaser Agent may reasonably request. 

  
 30 








 Section 6.4 Costs, Expenses and Taxes. (a) By way of clarification, and not of
limitation, of Sections 1.7 or 3.1, the Seller shall pay to the Administrator, each Purchaser Agent and/or any Purchaser on demand all reasonable costs and out-of-pocket expenses (excluding Taxes other than Other Taxes to the extent
otherwise indemnified by other provisions of this Agreement) in connection with (i) the preparation, execution, delivery and administration (including amendments or waivers of any provision) of this Agreement or the other Transaction Documents,
(ii) the sale of the Purchased Interest (or any portion thereof) from the Seller to the Purchasers hereunder, (iii) the perfection (and continuation) of the Administrator’s rights in the Receivables, Collections and other Pool Assets,
(iv) the enforcement by the Administrator, any Purchaser Agent or any member of any Purchaser Group of the obligations of the Seller, the Servicer or the Originators under the Transaction Documents or of any Obligor under a Receivable, and
(v) the maintenance by the Administrator of the Lock-Box Accounts (and any related lock-box or post office box), including reasonable fees, costs and out-of-pocket expenses of external legal counsel for the Administrator and the Purchaser
Agents relating to any of the foregoing or to advising the Administrator or any member of any Purchaser Group (including, any related Liquidity Provider or any other related Program Support Provider) about its rights and remedies under any
Transaction Document or any other document, agreement or instrument related thereto and all reasonable costs and out-of-pocket expenses (including reasonable external; counsel fees and expenses) of the Administrator and any Purchaser Agent in
connection with the enforcement or administration of the Transaction Documents or any other document, agreement or instrument related thereto. The Seller shall reimburse the Administrator and each Purchaser Agent for the cost of such Person’s
auditors (which may be employees of such Person) auditing the books, records and procedures of the Seller or the Servicer; provided, however, that unless a Termination Event shall exist, the Seller shall only be responsible for the
cost of one periodic audit described above in any twelve month period. The Seller shall reimburse each Conduit Purchaser for any amounts such Conduit Purchaser must pay to any related Liquidity Provider or other related Program Support Provider
pursuant to any Program Support Agreement on account of any Indemnified Tax. The Seller shall reimburse each Conduit Purchaser on demand for all reasonable out-of-pocket costs and expenses incurred by such Conduit Purchaser in connection with the
Transaction Documents or the transactions contemplated thereby. 
 (b) In addition, the Seller shall pay on demand any and all stamp and
other taxes and fees payable in connection with the execution, delivery, filing and recording of this Agreement or the other documents or agreements to be delivered hereunder, and agrees to save each Indemnified Party and Affected Person harmless
from and against any liabilities with respect to or resulting from any delay in paying or omission to pay such taxes and fees. For the avoidance of doubt, the Seller shall not have an obligation to pay any taxes and fees pursuant this
Section 6.4(b) to the extent the Seller is (i) otherwise liable to indemnify the Affected Person for such taxes and fees pursuant to Section 1.10, or (ii) not obligated to pay any taxes and fees pursuant to
Section 1.10. 
 Section 6.5 No Proceedings; Limitation on Payments. (a) Each of the Seller, Presidio, the
Servicer, the Administrator, the Purchaser Agents, the Purchasers, each assignee of the Purchased Interest or any interest therein, and each Person that enters into a commitment to purchase the Purchased Interest or interests therein, hereby
covenants and agrees that it will not 

  
 31 








 
institute against, or join any other Person in instituting against, any Conduit Purchaser any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other proceeding
under any federal or state bankruptcy or similar law, for one year and one day after the latest maturing Note issued by such Conduit Purchaser is paid in full. The provisions of this paragraph shall survive any termination of this Agreement. 

(b) Notwithstanding any provisions contained in this Agreement to the contrary, no Conduit Purchaser shall or shall be obligated to, pay any
amount, if any, payable by it pursuant to this Agreement or any other Transaction Document unless (i) such Conduit Purchaser has received funds which may be used to make such payment and which funds are not required to repay the Notes when due
and (ii) after giving effect to such payment, either (x) such Conduit Purchaser could issue Notes to refinance all outstanding Notes (assuming such outstanding Notes matured at such time) in accordance with the program documents governing
such Conduit Purchaser’s securitization program or (y) all Notes are paid in full. Any amount which such Conduit Purchaser does not pay pursuant to the operation of the preceding sentence shall not constitute a claim (as defined in
§101 of the Bankruptcy Code) against or company obligation of such Conduit Purchaser for any such insufficiency unless and until such Conduit Purchaser satisfies the provisions of clauses (i) and (ii) above. The
provisions of this paragraph shall survive any termination of this Agreement. 
 Section 6.6 GOVERNING LAW AND JURISDICTION.

 (a) THIS AGREEMENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING FOR
SUCH PURPOSE SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK) EXCEPT TO THE EXTENT THAT THE VALIDITY OR PERFECTION OF A SECURITY INTEREST OR REMEDIES HEREUNDER, IN RESPECT OF ANY PARTICULAR COLLATERAL ARE GOVERNED
BY THE LAWS OF A JURISDICTION OTHER THAN THE STATE OF NEW YORK. 
 (b) ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT MAY BE
BROUGHT IN THE COURTS OF THE STATE OF NEW YORK OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK; AND, BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH OF THE PARTIES HERETO CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE
NON-EXCLUSIVE JURISDICTION OF THOSE COURTS. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES, TO THE MAXIMUM EXTENT PERMITTED BY LAW, ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, THAT IT
MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH JURISDICTION IN RESPECT OF THIS AGREEMENT OR ANY DOCUMENT RELATED HERETO. EACH OF THE PARTIES HERETO WAIVES PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT OR OTHER PROCESS,
WHICH SERVICE MAY BE MADE BY ANY OTHER MEANS PERMITTED BY NEW YORK LAW. 
 Section 6.7 Confidentiality. Unless otherwise
required by applicable law or any order in any judicial or administrative proceeding, each of the Seller and the Servicer agrees to maintain the confidentiality of this Agreement and the other Transaction Documents (and all


  
 32 








 
drafts thereof) in communications with third parties and otherwise; provided, that this Agreement may be disclosed (a) to third parties to the extent such disclosure is made pursuant
to a written agreement of confidentiality having terms substantially similar to this Section 6.7, (b) to the Seller’s and Servicer’s legal counsel and auditors if they agree to hold it confidential, (c) as may be
necessary or desirable for financial reports, reports required by state and federal securities laws and by any other law, (d) in connection with any litigation or other proceeding between the parties hereto with respect to the Transaction
Documents, and (e) to any regulatory authorities having jurisdiction over the Seller or the Servicer. The Administrator, Purchaser Agents and the Purchasers agree to maintain the confidentiality of non-public financial and other business and
proprietary information regarding the Seller, the Servicer and the Originators; provided, that such information may be disclosed (i) to third parties to the extent such disclosure is made pursuant to a written agreement of confidentiality in
form and substance reasonably satisfactory to the Servicer, (ii) to legal counsel and auditors of the Purchasers, the Purchaser Agents or the Administrator if they agree to hold it confidential, (iii) if applicable to the rating agencies
rating the Notes of any Conduit Purchaser, or any non-hired nationally recognized statistical rating organization that provides to such Conduit Purchaser or its agent the certification required by subsection (e) of Rule 17g-5 under the
Securities and Exchange Act of 1934, as amended (or any successor provision to such subsection) (“Rule 17g-5”), and who agrees to keep such information confidential as contemplated by Rule 17g-5, by posting such information to a
password protected internet website accessible to each such nationally recognized statistical rating organization in connection with, and subject to the terms of Rule 17g-5, (iv) to any Program Support Provider or potential Program Support
Provider (if they agree to hold it confidential), (v) to any placement agency placing the Notes, (vi) to any regulatory authorities having jurisdiction over the Administrator, the Purchaser Agents, any Purchaser, any Program Support
Provider or any Liquidity Provider, and (vii) with prompt notice to the Servicer in advance if practicable and permitted by law, to others as otherwise required by law. 

Section 6.8 Execution in Counterparts. This Agreement may be executed in any number of counterparts, each of which, when so
executed, shall be deemed to be an original, and all of which, when taken together, shall constitute one and the same agreement. 

Section 6.9 Survival of Termination. The provisions of Sections 1.7, 1.9, 1.10, 3.1, 3.2,
6.4, 6.5, 6.6, 6.7, 6.10 and 6.15 shall survive any termination of this Agreement. 

Section 6.10 WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO WAIVES THEIR RESPECTIVE RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR
CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT BY ANY OF THE PARTIES AGAINST ANY OTHER PARTY OR PARTIES, WHETHER
WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS OR OTHERWISE. EACH OF THE PARTIES HERETO AGREES THAT ANY SUCH CLAIM OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A JURY. WITHOUT LIMITING THE FOREGOING, EACH OF THE PARTIES HERETO FURTHER
AGREES THAT ITS RESPECTIVE RIGHT TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS SECTION AS TO ANY ACTION, COUNTERCLAIM OR OTHER PROCEEDING THAT SEEKS, IN WHOLE OR IN PART, TO CHALLENGE THE VALIDITY OR ENFORCEABILITY OF THIS AGREEMENT OR ANY
PROVISION HEREOF. THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT. 

  
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 Section 6.11 Sharing of Recoveries. Each Purchaser agrees that if it receives any
recovery, through set-off, judicial action or otherwise, on any amount payable or recoverable hereunder in a greater proportion than should have been received hereunder or otherwise inconsistent with the provisions hereof, then the recipient of such
recovery shall purchase for cash an interest in amounts owing to the other Purchasers (as return of Capital or otherwise), without representation or warranty except for the representation and warranty that such interest is being sold by each such
other Purchaser free and clear of any Adverse Claim created or granted by such other Purchaser, in the amount necessary to create proportional participation by the Purchaser in such recovery. If all or any portion of such amount is thereafter
recovered from the recipient, such purchase shall be rescinded and the purchase price restored to the extent of such recovery, but without interest. 

Section 6.12 Right of Setoff. Each Purchaser is hereby authorized (in addition to any other rights it may have) at any time after
the occurrence and during the continuation of a Termination Event, an Unmatured Termination Event, a Servicer Default or an Unmatured Servicer Default to setoff, appropriate and apply (without presentment, demand, protest or other notice which are
hereby expressly waived) any deposits and any other indebtedness held or owing by such Purchaser (including by any branches or agencies of such Purchaser) to, or for the account of, the Seller against amounts then due and owing by the Seller
hereunder. 
 Section 6.13 Entire Agreement. This Agreement and the other Transaction Documents embody the entire agreement and
understanding between the parties hereto, and supersede all prior or contemporaneous agreements and understandings of such Persons, verbal or written, relating to the subject matter hereof and thereof. 

Section 6.14 Headings. The captions and headings of this Agreement and any Exhibit, Schedule or Annex hereto are for convenience
of reference only and shall not affect the interpretation hereof or thereof. 
 Section 6.15 Purchaser Groups’ Liabilities.
The obligations of each Purchaser Agent and each Purchaser under the Transaction Documents are solely the corporate obligations of such Person. Except with respect to any claim arising out of the willful misconduct or gross negligence of the
Administrator, any Purchaser Agent or any Purchaser, no claim may be made by the Seller or the Servicer or any other Person against the Administrator, any Purchaser Agent or any Purchaser or their respective Affiliates, directors, officers,
employees, attorneys or agents for any special, indirect, consequential or punitive damages in respect of any claim for breach of contract or any other theory of liability arising out of or related to the transactions contemplated by this Agreement
or any other Transaction Document, or any act, omission or event occurring in connection therewith; and each of Seller and Servicer hereby waives, releases, and agrees not to sue upon any claim for any such damages, whether or not accrued and
whether or not known or suspected to exist in its favor. 
 Section 6.16 Certain Tax Matters. Notwithstanding any other express
or implied agreement to the contrary, the parties agree and acknowledge that each of them and each of their employees, representatives, and other agents may disclose to the Internal Revenue Service without limitation of any kind, any information
with respect to the “tax treatment” and “tax 

  
 34 








 
structure” (in each case, within the meaning of Treasury Regulation Section 1.6011 4) of the transactions contemplated hereby and all materials of any kind (including opinions or other
tax analyses) that are provided to such Person relating to such tax treatment and tax structure; provided that with respect to any document or similar item that in either case contains information concerning the tax treatment or tax structure of the
transaction as well as other information, this sentence shall only apply to such portions of the document or similar item that relate to the tax treatment or tax structure of the Purchased Interest and transactions contemplated by this Agreement and
the other Transaction Documents. 
 Section 6.17 USA Patriot Act. Each Purchaser, Liquidity Provider and Program Support
Provider that is subject to the requirements of the USA Patriot Act (Title III of Pub. L. 107 56 (signed into law October 26, 2001)) (the “Patriot Act”) hereby notifies the Seller that pursuant to the requirements of the
Patriot Act, it is required to obtain, verify, and record information that identifies the Seller, which information includes the name and address of the Seller and other information that will allow such Purchaser, Liquidity Provider or Program
Support Provider to identify the Seller in accordance with the Patriot Act. 
 Section 6.18 Amendment and Restatement. This
Agreement amends and restates the A&R Agreement in its entirety, effective as of the Amendment and Restatement Closing Date, and is not intended to constitute a novation of the obligations thereunder. Nothing contained herein shall terminate any
security interests or subordinations previously granted in favor of the Administrator, in connection with the Original Agreement or A&R Agreement and the transactions contemplated thereby; and such security interest and subordinations shall
continue in full force and effect in favor of the Administrator from and after the Amendment and Restatement Closing Date. 

Section 6.19 Ratification. After giving effect to this Agreement and the transactions contemplated by this Agreement, all of the
provisions of the Performance Guaranty shall remain in full force and effect and Presidio IS Corp. hereby ratifies and affirms the Performance Guaranty and acknowledges that the Performance Guaranty has continued and shall continue in full force and
effect in accordance with its terms. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 35 








 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective
officers thereunto duly authorized, as of the date first above written. 
  

			
	PRESIDIO CAPITAL FUNDING LLC, as Seller
		
	By:	 	/s/ Paul D. Fletcher
	Name:	 	Paul D. Fletcher
	Title:	 	Executive Vice President – Finance and Treasurer
		
	Address:	 	 Presidio Capital Funding LLC
 12120 Sunset Hills
Road Suite 202 Reston, VA 20190

		
		 	Attention:           Paul Fletcher
		 	Telephone:         (703) 870-3111
		 	Facsimile:          (703) 870-3114
		 	Email: pfletcher@presidio.com



  

					
		 	S-1	  	Second A&R Receivables Purchase Agreement









 
			
	PRESIDIO, INC., as Servicer
		
	By:	 	/s/ Paul D. Fletcher
	Name:	 	Paul D. Fletcher
	Title:	 	Chief Financial Officer and Executive Vice President
		
	Address:	 	 Presidio, Inc.
 12120 Sunset Hills Road Suite
202 Reston, VA 20190

		
		 	Attention:           Paul Fletcher
		 	Telephone:         (703) 870-3111
		 	Facsimile:          (703) 870-3114
		 	Email: pfletcher@presidio.com



  

					
		 	S-2	  	Second A&R Receivables Purchase Agreement









 
			
	THE PURCHASER GROUPS:
	
	PNC BANK, NATIONAL ASSOCIATION, as Administrator, Purchaser Agent for the Market Street Purchaser Group and Related Committed Purchaser
		
	By:	 	/s/ Mark Falcione
	Name:	 	Mark Falcione
	Title:	 	Executive Vice President
		
	Address:	 	 PNC Bank, National Association
 Three PNC
Plaza
 225 Fifth Avenue Pittsburgh, Pennsylvania 15222-2707

		
		 	Attention:           Robyn Reeher
		 	Telephone:         (412) 768-3090
		 	Facsimile:          (412)762-9184
		 	Email: robyn.reeher@pnc.com
		
		 	Commitment: $200,000,000



  

					
		 		  	Second A&R Receivables Purchase Agreement









 
			
	 ATLANTIX GLOBAL SYSTEMS, LLC,
 as a
Sub-Servicer

		
	By:	 	/s/ Paul D. Fletcher
	Name:	 	Paul D. Fletcher
	Title:	 	Executive Vice President – Finance and Treasurer
		
	Address:	 	 Atlantix Global Systems, LLC
 12120 Sunset
Hills Road Suite 202 Reston, VA 20190

		
		 	Attention:         Paul Fletcher
		 	Telephone:           (703) 870-3111
		 	Facsimile:          (703) 870-3114
		 	Email: pfletcher@presidio.com



  

					
		 		  	Second A&R Receivables Purchase Agreement









 
			
	 PRESIDIO NETWORKED SOLUTIONS, INC.,

as a Sub-Servicer

		
	By:	 	/s/ Paul D. Fletcher
	Name:	 	Paul D. Fletcher
	Title:	 	Chief Financial Officer and Executive Vice President
		
	Address:	 	 Presidio Networked Solutions, Inc.
 12120
Sunset Hills Road Suite 202 Reston, VA 20190

		
		 	Attention:           Paul Fletcher
		 	Telephone:         (703) 870-3111
		 	Facsimile:          (703) 870-3114
		 	Email: pfletcher@presidio.com










			
	Acknowledged and agreed to as of the date first written above:
	
	 PRESIDIO IS CORP.,
 as Performance
Guarantor

		
	By:	 	/s/ Paul D. Fletcher
	Name:	 	Paul D. Fletcher
	Title:	 	Vice President and Treasurer
		
	Address:	 	 Presidio IS Corp.
 12120 Sunset Hills Road
Suite 202
 Reston, VA 20190

		
	Attention:	 	Paul Fletcher
	Telephone:	 	(703) 870-3111
	Facsimile:	 	(703) 870-3114
	Email: pfletcher@presidio.com








 EXHIBIT I 

DEFINITIONS 
 As used in
this Agreement (including its Exhibits, Schedules and Annexes), the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined). Unless otherwise indicated,
all Section, Annex, Exhibit and Schedule references in this Exhibit are to Sections of and Annexes, Exhibits and Schedules to this Agreement. 

“Administrator” has the meaning set forth in the preamble to this Agreement. 

“Adverse Claim” means a lien, security interest or other charge or encumbrance, or any other type of preferential
arrangement; it being understood that any thereof in favor of the Administrator (for the benefit of the Purchasers ) shall not constitute an Adverse Claim. 

“Affected Person” has the meaning set forth in Section 1.7 of this Agreement. 

“Affiliate” means, with respect to a specified Person, another Person that directly or indirectly Controls or is Controlled
by or is under common Control with the Person specified; provided, however, that for purposes of each Conduit Purchaser, Affiliate shall mean the holder of its capital stock or membership interest, as the case may be. 

“Aggregate Capital” means the amount paid to the Seller in respect of the Purchased Interest or portion thereof by each
Purchaser pursuant to this Agreement, as reduced from time to time by Collections distributed and applied on account of such Aggregate Capital pursuant to Section 1.4(d) of this Agreement; provided, that if such Aggregate Capital
shall have been reduced by any distribution, and thereafter all or a portion of such distribution is rescinded or must otherwise be returned for any reason, such Aggregate Capital shall be increased by the amount of such rescinded or returned
distribution as though it had not been made. 
 “Aggregate Discount” at any time, means the sum of the aggregate for each
Purchaser of the accrued and unpaid Discount with respect to each such Purchaser’s Capital at such time. 

“Agreement” has the meaning set forth in the preamble to this Agreement. 

“Alternate Rate” means, for any Yield Period for any Capital (or portion thereof) funded by any Purchaser other than through
the issuance of Notes, an interest rate per annum equal to: (i) solely with respect to PNC, as a Purchaser, (a) the daily average LMIR for such Yield Period or (b) if LMIR is unavailable as described in Section 1.11, the
daily average Base Rate for such Yield Period or (ii) with respect to any Purchaser other than PNC, (a) the Euro-Rate for such Yield Period or (b) solely for any Portion of Capital for such Yield Period for which the Euro-Rate is
unavailable as described in Section 1.11, the daily average Base Rate for such Yield Period; provided, however, that the “Alternate Rate” for any day while a Termination Event or Unmatured Termination Event exists
shall be an interest rate equal to the greater of (1) 2.0% per annum above the Base Rate in effect on such day and (2) 2.0% per annum above the Euro-Rate or, with respect to PNC as Purchaser, LMIR, as in effect on such day. 

“Amendment and Restatement Closing Date” means February 2, 2015. 

  

					
		 	Exhibit I-1	  	Second A&R Receivables Purchase Agreement









 “Amendment No. 10 Effective Date” means the “Amendment No. 10
Effective Date” as defined in Amendment No. 10 the Amended and Restated Receivables Purchase Agreement, dated as of December 11, 2014 by and among the parties thereto. 

“Anti-Terrorism Laws” means any applicable laws or regulations relating to (i) terrorism, trade sanctions programs and
embargoes, export controls which are administered or enforced by the United States government (including the USA PATRIOT Act and regulations administered by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”), or
(ii) anti-money laundering or bribery which are administered or enforced by the United States government (including the U.S. Foreign Corrupt Practices Act of 1977). 

“A&R Agreement” has the meaning set forth in the preamble to this Agreement. 

“Assumption Agreement” means an agreement set forth in Annex C to this Agreement. 

“Atlantix” means Atlantix Global Systems, LLC, a Georgia limited liability company. 

“Attorneys’ Costs” means and includes all reasonable fees and disbursements of any law firm or other external counsel.

 “Average Dilution Ratio” means, as of any date, the average of the Dilution Ratios for the twelve most recent calendar
months. 
 “Bankruptcy Code” means the United States Bankruptcy Reform Act of 1978 (11 U.S.C. § 101, et seq.), as
amended from time to time. 
 “Base Rate” means, with respect to any Purchaser, for any day, a fluctuating interest rate
per annum as shall be in effect from time to time, which rate shall be at all times equal to the higher of: 
 (a) the rate
of interest in effect for such day as publicly announced from time to time by the applicable Purchaser Agent (or applicable Related Committed Purchaser) as its “reference rate.” Such “reference rate” is set by the applicable
Purchaser Agent based upon various factors, including the applicable Purchaser Agent’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at,
above or below such announced rate, and 
 (b) 0.50% per annum above the latest Federal Funds Rate, and 

(c) the Daily LIBOR Rate, plus 100 basis points (1.0%). 

“BBA” means the British Bankers’ Association. 

“Business Day” means any day (other than a Saturday or Sunday) on which: (a) banks are not authorized or required to
close in Pittsburgh, Pennsylvania, Reston, Virginia or, New York City, New York and (b) if this definition of “Business Day” is utilized in connection with the Euro-Rate or LMIR, such day is also a day on which dealings in deposits in
U.S. Dollars are conducted by and between banks in the London interbank eurodollar market. 

  

					
		 	Exhibit I-2	  	Second A&R Receivables Purchase Agreement









 “Capital” means with respect to any Purchaser the amount paid to the Seller by
such Purchaser pursuant to this Agreement, as reduced from time to time by Collections distributed and applied on account of such Capital pursuant to Section 1.4(d) of this Agreement; provided, that if such Capital shall have been
reduced by any distribution and thereafter all or a portion of such distribution is rescinded or must otherwise be returned for any reason, such Capital shall be increased by the amount of such rescinded or returned distribution as though it had not
been made. 
 “Capital Stock” means: 
  

	 	(1)	in the case of a corporation, corporate stock or shares; 

  

	 	(2)	in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of corporate stock; 


 

	 	(3)	in the case of a partnership or limited liability company, partnership or membership interests (whether general or limited); and 

  

	 	(4)	any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person. 


“Certificate of Exemption” has the meaning set forth in Section 1.10(c) of this Agreement. 

“Change in Control” means the occurrence of either of the following: 

 

	 	(a)	the sale, lease or transfer, in one or a series of related transactions, of all or substantially all the assets of Presidio Holdings Inc. and its Subsidiaries, taken as a whole, to a Person other than any of the
Permitted Holders; or 

  

	 	(b)	Presidio Holdings Inc. becomes aware (by way of a report or any other filing pursuant to Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) of the acquisition by any Person or group
(within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision), including any group acting for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule
13d-5(b)(1) under the Exchange Act), other than any of the Permitted Holders, in a single transaction or in a related series of transactions, by way of merger, consolidation, amalgamation or other business combination or purchase of beneficial
ownership (within the meaning of Rule 13d-3 under the Exchange Act, or any successor provision), of more than 50.0% of the total voting power of the Voting Stock of Presidio Holdings Inc. 


“Closing Date” means April 1, 2008. 

“Code” means the Internal Revenue Code of 1986, as amended, reformed or otherwise modified from time to time. 

  

					
		 	Exhibit I-3	  	Second A&R Receivables Purchase Agreement









 “Collections” means, with respect to any Pool Receivable: (a) all funds
that are received by any Originator, the Seller or the Servicer in payment of any amounts owed in respect of such Receivable (including purchase price, finance charges, interest and all other charges), or applied to amounts owed in respect of such
Receivable (including insurance payments and net proceeds of the sale or other disposition of repossessed goods or other collateral or property of the related Obligor or any other Person directly or indirectly liable for the payment of such Pool
Receivable and available to be applied thereon), (b) all Deemed Collections and (c) all other proceeds of such Pool Receivable. 

“Commitment” means, with respect to each Related Committed Purchaser, the maximum amount which such Purchaser is obligated to
pay hereunder on account of any Purchase, as set forth below its signature to this Agreement or in the Assumption Agreement or other agreement pursuant to which it became a Purchaser, as such amount may be modified in connection with any subsequent
assignment pursuant to Section 6.3(c) or in connection with a change in the Purchase Limit pursuant to Section 1.1(b). 

“Commitment Percentage” means, for each Related Committed Purchaser in a Purchaser Group, such Related Committed
Purchaser’s Commitment divided by the total of all Commitments of all Related Committed Purchasers in such Purchaser Group. 

“Company Note” has the meaning set forth in Section 3.1 of the Sale Agreement. 

“Concentration Percentage” means: (a) for any Group A Obligor, 12%, (b) for any Group B Obligor, 10%, (c) for
any Group C Obligor, 8%, (d) for any Group D Obligor, 4% and (e) for any Federal Government Entity, 10% “ (or, for the calendar months of September, October and November (and any week therein), 15%); provided, however,
that the Administrator (with the prior written consent of the Majority Purchaser Agents ), may (to the extent the Rating Agency Condition has been satisfied with respect thereto if required by the securitization program of any Conduit Purchaser)
approve higher Concentration Percentages for selected Obligors. 
 “Concentration Reserve” means at any time, the product
of (a) the Aggregate Capital plus, and (b)(i) the Concentration Reserve Percentage divided by (ii) 1 minus the Concentration Reserve Percentage. 

“Concentration Reserve Percentage” means, at any time, the (a) largest of the following (i) the sum of the five
(5) largest Group D Obligor Receivables balances (up to the Concentration Percentage for each Obligor), (ii) the sum of the three (3) largest Group C Obligor Receivables balances (up to the Concentration Percentage for each Obligor),
(iii) the sum of the two (2) largest Group B Obligor Receivables balance (up to the Concentration Percentage for each Obligor), and (iv) the largest Group A Obligor Receivables balance (up to the Concentration Percentage for such
Obligor), divided by (b) the sum of the outstanding balances of all Eligible Receivables. 
 “Conduit Purchasers”
means each commercial paper conduit that is a party to this Agreement, as a Purchaser, or that becomes a party to this Agreement, as a Purchaser pursuant to an Assumption Agreement or otherwise. 

  

					
		 	Exhibit I-4	  	Second A&R Receivables Purchase Agreement









 “Contract” means, with respect to any Receivable, any and all contracts,
instruments, agreements, leases, invoices, notes or other writings pursuant to which such Receivable arises or that evidence such Receivable or under which an Obligor becomes or is obligated to make payment in respect of such Receivable. 

“Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or
policies, or the dismissal or appointment of the management, of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative
thereto. 
 “Covered Entity” means (a) the Seller, the Servicer, Presidio and each Originator and (b) each Person
that, directly or indirectly, is in control of a Person described in clause (a) above. For purposes of this definition, control of a Person shall mean the direct or indirect (x) ownership of, or power to vote, 25% or more of the issued and
outstanding Equity Interests having ordinary voting power for the election of directors of such Person or other Persons performing similar functions for such Person, or (y) power to direct or cause the direction of the management and policies
of such Person whether by ownership of Equity Interests, contract or otherwise. 
 “CP Rate” means, for any Conduit
Purchaser and for any Yield Period for any Portion of Capital with respect to such Conduit Purchaser (a) the per annum rate equivalent to the weighted average cost (as determined by the applicable Purchaser Agent and which shall
include commissions of placement agents and dealers, incremental carrying costs incurred with respect to Notes of such Person maturing on dates other than those on which corresponding funds are received by such Conduit Purchaser, other borrowings by
such Conduit Purchaser (other than under any Program Support Agreement) and any other costs associated with the issuance of Notes) of or related to the issuance of Notes that are allocated, in whole or in part, by the applicable Purchaser Agent to
fund or maintain such Portion of Capital (and which may be also allocated in part to the funding of other assets of such Conduit Purchaser); provided, however, that if any component of such rate is a discount rate, in calculating the
“CP Rate” for such Portion of Capital for such Yield Period, the applicable Purchaser Agent shall for such component use the rate resulting from converting such discount rate to an interest bearing equivalent rate per
annum; provided, further, that notwithstanding anything in this Agreement or the other Transaction Documents to the contrary, the Seller agrees that any amounts payable to the Purchasers in respect of Discount for any Yield
Period with respect to any Portion of Capital funded by such Purchaser at the CP Rate shall include an amount equal to the portion of the face amount of the outstanding Notes issued to fund or maintain such Portion of Capital that corresponds to the
portion of the proceeds of such Notes that was used to pay the interest component of maturing Notes issued to fund or maintain such Portion of Capital, to the extent that such Purchaser had not received payments of interest in respect of such
interest component prior to the maturity date of such maturing Notes (for purposes of the foregoing, the “interest component” of Notes equals the excess of the face amount thereof over the net proceeds received by such Purchaser from the
issuance of Notes, except that if such Notes are issued on an interest-bearing basis its “interest component” will equal the amount of interest accruing on such Notes through maturity) or (b) any other rate designated as the “CP
Rate” for such Conduit Purchaser in an Assumption Agreement or Transfer Supplement pursuant to which such Person becomes a party as a Conduit Purchaser to this Agreement, or any other writing or agreement provided by such Conduit Purchaser to
the Seller, the Servicer and the applicable Purchaser Agent from time 

  

					
		 	Exhibit I-5	  	Second A&R Receivables Purchase Agreement









 
to time. The “CP Rate” for any day while a Termination Event or an Unmatured Termination Event exists shall be an interest rate equal to the greater of (a) 2.0% per annum
above the Base Rate as in effect on such day, (b) 2.0% above the Euro-Rate in effect on such day, and (c) the CP Rate that would have been in effect in the absence of a Termination Event or an Unmatured Termination Event. 

“Credit Agreement” means the Credit Agreement (as amended, restated, supplemented or otherwise modified from time to time
thereafter, dated February 2, 2015 among Presidio and Presidio Networked Solutions Inc. as borrowers, Credit Suisse, Cayman Islands Branch, as administrative agent and the other persons from time to time party thereto. 

“Credit and Collection Policy” means, as the context may require, those receivables credit and collection policies and
practices of each Originator and of Presidio in effect on the date of this Agreement and described in Schedule I to this Agreement, as modified in compliance with this Agreement. 

“Daily LIBOR Rate” shall mean, for any day, the rate per annum determined by the Administrator as the Published Rate.
Notwithstanding the foregoing, if the Daily LIBOR Rate as determined above would be less than zero (0.00), such rate shall be deemed to be zero (0.00) for purposes of this Agreement. 

“Days’ Sales Outstanding” means, for any calendar month, an amount computed as of the last day of such calendar month
equal to: (a) the average of the Outstanding Balance of all Pool Receivables as of the last day of each of the three most recent calendar months ended on the last day of such calendar month divided by (b)(i) the aggregate credit sales made by
the Originators during the three calendar months ended on the last day of such calendar month divided by (ii) 90. 

“Debt” means: (a) indebtedness for borrowed money, (b) obligations evidenced by bonds, debentures, notes or other
similar instruments, (c) obligations to pay the deferred purchase price of property or services (other than trade debt incurred in the ordinary course of business and due within six months of the incurrence thereof), (d) obligations as
lessee under leases that shall have been or should be, in accordance with generally accepted accounting principles, recorded as capital leases, and (e) obligations under direct or indirect guaranties in respect of, and obligations (contingent
or otherwise) to purchase or otherwise acquire, or otherwise to assure a creditor against loss in respect of, indebtedness or obligations of others of the kinds referred to in clauses (a) through (d). 

“Declining Conduit Purchaser” has the meaning set forth in Section 1.4(b)(ii) of this Agreement. 

“Declining Notice” has the meaning set forth in Section 1.4(b)(ii) of this Agreement. 

“Deemed Collections” has the meaning set forth in Section 1.4(e)(ii) of this Agreement. 

“Default Ratio” means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%) computed as of the last
day of each calendar month by dividing: (i) the aggregate Outstanding Balance of all Pool Receivables that became Defaulted Receivables during such month (other than Receivables that became Defaulted Receivables as a result of an Event of
Bankruptcy with respect to the Obligor thereof during such month) by (ii) the aggregate credit sales made by all the Originators during the calendar month that is six months before such month. 

  

					
		 	Exhibit I-6	  	Second A&R Receivables Purchase Agreement









 “Defaulted Receivable” means a Receivable: 

(a) as to which any payment, or part thereof, remains unpaid for more than 180 days from the original invoice date for such
payment, or 
 (b) without duplication (i) as to which an Event of Bankruptcy shall have occurred with respect to the
Obligor thereof or any other Person obligated thereon or owning any Related Security with respect thereto, or (ii) that has been written off the Seller’s books as uncollectible. 

“Delinquency Ratio” means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1%
rounded upward) computed as of the last day of each calendar month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day by (b) the aggregate Outstanding Balance of all Pool
Receivables on such day. 
 “Delinquent Receivable” means a Receivable as to which any payment, or part thereof, remains
unpaid for more than 120 days from the original invoice date for such payment. 
 “Dilution Component Reserve” means at any
time, the product of (a) the Aggregate Capital, and (b)(i) the Dilution Component Reserve Percentage divided by (ii) 1 minus the Dilution Component Reserve Percentage. 

“Dilution Component Reserve Percentage” means, at any time, the product of (a) the Average Dilution Ratio multiplied by
(b) the Dilution Horizon. 
 “Dilution Horizon” means, for any calendar month, the ratio (expressed as a percentage
and rounded to the nearest 1/100th of 1%) computed as of the last day of such calendar month of: (a) the aggregate credit sales made by all the Originators during the two most recent calendar months, to (b) the Net Receivables Pool Balance
at the last day of such calendar month. 
 “Dilution Ratio” means the ratio (expressed as a percentage and rounded to the
nearest 1/100th of 1%, with 5/1000th of 1% rounded upward), computed as of the last day of each calendar month by dividing: (a) the aggregate amount of payments made or owed by the Seller pursuant to Section 1.4(e)(i) of this
Agreement during such calendar month by (b) the aggregate credit sales made by all the Originators during the calendar month that is two months prior to such calendar month. 

“Dilution Reserve” means, on any day, an amount equal to: (a) the Aggregate Capital at the close of business of the
Servicer on such day multiplied by (b) (i) the Dilution Reserve Percentage on such day, divided by (ii) 100% minus the Dilution Reserve Percentage on such day. 

  

					
		 	Exhibit I-7	  	Second A&R Receivables Purchase Agreement









 “Dilution Reserve Percentage” means on any date, the product of (a) the
Dilution Horizon multiplied by (b) the sum of (i) 2.25 times the Average Dilution Ratio and (ii) the Dilution Spike Factor. 

“Dilution Spike Factor” means, for any calendar month, the product of (a) the positive difference, if any, between:
(i) the highest average of the Dilution Ratios for any two consecutive calendar months during the twelve most recent calendar months and (ii) the Average Dilution Ratio and (b) (i) the highest average of the Dilution Ratios for
any two consecutive calendar months during the twelve most recent calendar months, divided by (ii) the Average Dilution Ratio. 

“Discount” means with respect to any Purchaser: 

(a) for any Portion of Capital for any Yield Period with respect to any Purchaser to the extent such Portion of Capital will be
funded by such Purchaser during such Yield Period through the issuance of Notes: 
 CPR × C × ED / 360 + YPF 

(b) for any Portion of Capital for any Yield Period with respect to any Purchaser to the extent such Portion of Capital will
not be funded by such Purchaser during such Yield Period through the issuance of Notes: 
 AR × C × ED / Year + YPF 

where: 
  

							
	 AR
	  	 	=	  	  	the Alternate Rate for such Portion of Capital for such Yield Period with respect to such Purchaser,
			
	 C
	  	 	=	  	  	the Capital with respect to such Portion of Capital during such Yield Period with respect to such Purchaser,
			
	 CPR
	  	 	=	  	  	the CP Rate for the Portion of Capital for such Yield Period with respect to such Purchaser,
			
	 ED
	  	 	=	  	  	the actual number of days during such Yield Period,
			
	 Year
	  	 	=	  	  	if such Portion of Capital is funded based upon: (i) the Euro-Rate or LMIR, 360 days, and (ii) the Base Rate, 365 or 366 days, as applicable, and
			
	 YPF
	  	 	=	  	  	the Yield Protection Fee, if any, for the Portion of Capital for such Yield Period with respect to such Purchaser;


 provided, that no provision of this Agreement shall require the payment or permit the collection of Discount in
excess of the maximum permitted by applicable law; and provided further, that Discount for any Portion of Capital shall not be considered paid by any distribution to the extent that at any time all or a portion of such distribution is
rescinded or must otherwise be returned for any reason. 

  

					
		 	Exhibit I-8	  	Second A&R Receivables Purchase Agreement









 “Eligible Foreign Obligor” means an Obligor which is a resident of any country
(other than the United States of America) that has a short-term foreign currency rating (or, if such country does not have such a short-term foreign currency rating, a long-term foreign currency rating) of at least “A-1” (or “A”)
by Standard & Poor’s and “P-1” (or “A2”) by Moody’s. 
 “Eligible Receivable” means,
at any time, a Pool Receivable: 
 (a) the Obligor of which is (i) a United States resident, a Federal Government
Entity, a State Government Entity or an Eligible Foreign Obligor; provided that with respect to any Receivable the Obligor of which is an Eligible Foreign Obligor, the Seller shall have taken all actions, at its own expense, and shall have delivered
(or caused to be delivered) to the Administrator all further instruments, opinions and documents, that may be necessary or desirable in the sole determination of the Administrator, as the Administrator may reasonably request, to perfect, protect or
more fully evidence such Receivable and the security interest granted therein and in the Related Security and Collections with respect thereto, or to enable the Administrator, any Purchaser Agent or any Purchaser to exercise and enforce their
respective rights and remedies under this Agreement, (ii) not subject to any action of the type described in paragraph (f) of Exhibit V to this Agreement and (iii) not an Affiliate of Presidio or any Affiliate of
Presidio, 
 (b) that is denominated and payable in U.S. dollars and the Obligor with respect to which has been instructed to
remit Collections in respect thereof to a Lock-Box Account in the United States of America, 
 (c) that does not have a
stated maturity which is more than 90 days after the original invoice date of such Receivable, 
 (d) that arises under a
duly authorized Contract for the sale and delivery of goods and services in the ordinary course of an Originator’s business, 

(e) that arises under a duly authorized Contract that is in full force and effect and that is a legal, valid and binding
obligation of the related Obligor, enforceable against such Obligor in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of
creditors’ rights generally and by general principles of equity, regardless of whether enforceability in a proceeding in equity or at law. 

(f) that conforms in all material respects with all applicable laws, rulings and regulations in effect, 

(g) that is not the subject of any asserted dispute, offset, hold back, defense, Adverse Claim (other than Permitted Adverse
Claims) or other claim, including, without limitation, any claim for delinquent taxes but any such Pool Receivable shall be ineligible only to the extent of such dispute, offset, hold back, defense, Adverse Claim (other than Permitted Adverse
Claims) or other claim, 

  

					
		 	Exhibit I-9	  	Second A&R Receivables Purchase Agreement









 (h) that satisfies in all material respects all applicable requirements of the
applicable Credit and Collection Policy, 
 (i) that has not been modified, waived or restructured since its creation, except
as permitted pursuant to Section 4.2(a) of this Agreement, 
 (j) in which the Seller owns good and marketable
title, free and clear of any Adverse Claims (other than Permitted Adverse Claims), and that is freely assignable by the Seller (including without any consent of the related Obligor), 

(k) for which the Administrator (for the benefit of each Purchaser) shall have a valid and enforceable undivided percentage
ownership or security interest, to the extent of the Purchased Interest, and a valid and enforceable first priority perfected security interest therein and in the Related Security and Collections with respect thereto, in each case free and clear of
any Adverse Claim (other than Permitted Adverse Claims), 
 (l) that constitutes an account or general intangible as defined
in the UCC, and that is not evidenced by instruments or chattel paper, 
 (m) that is not a Defaulted Receivable or a
Delinquent Receivable, 
 (n) for which none of the Originator thereof, the Seller and the Servicer has established any
offset arrangements with the related Obligor, 
 (o) for which Defaulted Receivables of the related Obligor do not exceed 50%
of the Outstanding Balance of all such Obligor’s Receivables, and 
 (p) that represents amounts earned and payable by
the Obligor that are not subject to the performance of additional services by the Originator thereof, 
 (q) if such Pool
Receivable arises under or in connection with any service and maintenance contracts issued by Sun MicroSystems, Inc. which has been or hereafter is purchased by Presidio Networked Solutions, Inc. (whether directly or from any other person), for
resale to a customer of Presidio Networked Solutions, Inc., the Administrator has received acknowledgement copies, or time-stamped receipt copies, of proper financing statement amendments in form and substance reasonably acceptable to the
Administrator with respect to (i) the UCC-1 naming Presidio Networked Solutions, Inc. as debtor and Avnet, Inc. as secured party filed with the Florida Secured Transaction Registry on June 26, 2007 with a filing number of 200705881006 and
(ii) the UCC-1 naming Networked Information Systems, LLC as debtor and Avnet, Inc. as secured party filed with the Delaware Secretary of State on December 14, 2005 with a filing number of 53876993, 

  

					
		 	Exhibit I-10	  	Second A&R Receivables Purchase Agreement









 (r) for which the Servicer has delivered a computer file containing all the
information with respect to such Receivable as the Administrator or any Purchaser Agent may reasonably request, and 
 (s) if
such Pool Receivable is a Receivable as to which no invoice or bill has yet been sent to the Obligor, then such Pool Receivable is an Eligible Unbilled Receivable. 

“Eligible Unbilled Receivable” means, at any time, any Receivables as to which the invoice or bill has not yet been sent to
the Obligor if (a) the related Originator has accrued the related revenue on its financial statements under GAAP; (b) not more than 60 days have expired since such Receivable arose; and (c) such Receivable is not subject to any
Contract as to which any rights (including rights to payment) have been assigned to, or are subject to assignment to, a third party, other than in connection with the Transaction Documents. 

“Equity Interests” means shares of capital stock, partnership interests, membership interests, beneficial interests or other
ownership interests, whether voting or nonvoting, in, or interests in the income or profits of, a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any of the foregoing. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and any successor statute of
similar import, together with the regulations thereunder, in each case as in effect from time to time. References to sections of ERISA also refer to any successor sections. 

“ERISA Affiliate” means: (a) any corporation that is a member of the same controlled group of corporations (within the
meaning of Section 414(b) of the Internal Revenue Code) as the Seller, any Originator, or Presidio, (b) a trade or business (whether or not incorporated) under common control (within the meaning of Section 414(c) of the Internal
Revenue Code) with the Seller, any Originator, or Presidio, or (c) a member of the same affiliated service group (within the meaning of Section 414(m) of the Internal Revenue Code) as the Seller, any Originator, Presidio or any corporation
described in clause (a) or any trade or business described in clause (b). 
 “Euro-Rate” means with
respect to any Yield Period, the interest rate per annum determined by the applicable Purchaser Agent by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of 1% per annum) (i) the rate of interest
determined by such Purchaser Agent in accordance with its usual procedures (which determination shall be conclusive absent manifest error) to be the average of the London interbank market offered rates for U.S. dollars quoted by the BBA as set forth
on Dow Jones Markets Service (formerly known as Telerate) (or appropriate successor or, if BBA or its successor ceases to provide display page 3750 (or such other display page on the Dow Jones Markets Service system as may replace display page 3750)
at or about 11:00 a.m. (London time) on the Business Day which is two (2) Business Days prior to the first day of such Yield Period for an amount comparable to the Portion of Capital to be funded at the Alternate Rate and based upon the
Euro-Rate during such Yield Period by (ii) a number equal to 1.00 minus the Euro-Rate Reserve Percentage. The Euro-Rate may also be expressed by the following formula: 

  

					
		 	Exhibit I-11	  	Second A&R Receivables Purchase Agreement










					
	 Euro - Rate =  
	  	Average of London interbank offered rates quoted by BBA as shown on Dow Jones Markets Service display page 3750 or appropriate successor	  	
		  	1.00 - Euro - Rate Reserve Percentage	  	

 where “Euro-Rate Reserve Percentage” means, the maximum effective percentage in effect on such day as
prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including without limitation, supplemental, marginal, and emergency reserve requirements) with respect to eurocurrency
funding (currently referred to as “Eurocurrency Liabilities”). The Euro-Rate shall be adjusted with respect to any Portion of Capital funded at the Alternate Rate and based upon the Euro-Rate that is outstanding on the effective date of
any change in the Euro-Rate Reserve Percentage as of such effective date. The applicable Purchaser Agent shall give prompt notice to the Seller of the Euro-Rate as determined or adjusted in accordance herewith (which determination shall be
conclusive absent manifest error). 
 Notwithstanding the foregoing, if the Euro-Rate as determined under any method above would be less
than zero (0.00), such rate shall be deemed to be zero (0.00) for purposes of this Agreement. 
 “Event of Bankruptcy”
means (a) any case, action or proceeding before any court or other Governmental Authority relating to bankruptcy, reorganization, insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors or (b) any general
assignment for the benefit of creditors of a Person or any composition, marshalling of assets for creditors of a Person, or other similar arrangement in respect of its creditors generally or any substantial portion of its creditors; in each of cases
(a) and (b) undertaken under U.S. Federal, state or foreign law, including the Bankruptcy Code. 
 “Excess
Concentration” means the sum of the amounts without duplication by which the Outstanding Balance of Eligible Receivables of each Obligor then in the Receivables Pool exceeds an amount equal to the sum of: (i) an amount equal to
(a) the applicable Concentration Percentage for such Obligor multiplied by (b) the Outstanding Balance of all Eligible Receivables then in the Receivables Pool, plus (ii) the amount by which the aggregate Outstanding Balance of all
Eligible Receivables then in the Receivables Pool the Obligor of which is an Eligible Foreign Obligor exceeds 2.0% of the aggregate Outstanding Balance of all Eligible Receivables then in the Receivables Pool, plus (iii) the amount by which the
aggregate Outstanding Balance of all Eligible Receivables then in the Receivables Pool that have a stated maturity which is more than 60 days but less than 90 days after the original invoice date of such Receivable exceeds 2.0% of the aggregate
Outstanding Balance of all Eligible Receivables then in the Receivables Pool, plus (iv) the amount by which the aggregate Outstanding Balance of all Eligible Receivables then in the Receivables Pool the Obligor of which is a Federal Government
Entity exceeds 10.0% of the aggregate Outstanding Balance of all Eligible Receivables then in the Receivables Pool, plus (v) the amount by which the aggregate Outstanding Balance of all Eligible Unbilled Receivables then in the Receivables Pool
exceeds 20.0% of the aggregate Outstanding Balance of all Eligible Receivables then in the Receivables Pool. 

  

					
		 	Exhibit I-12	  	Second A&R Receivables Purchase Agreement









 “Excess Liquidity” means the sum of the following amounts: (a) the
aggregate available amount to the Seller under and pursuant to the terms of this Agreement, subject to the Purchased Interest not exceeding 100%, (b) the aggregate amount available to draw on any revolving credit facility or other working
capital facility or similar committed financing arrangement of Presidio Holdings Inc. and its Subsidiaries and (c) the positive difference, if any, between (i) the aggregate amount of cash, cash equivalents, and marketable securities on
deposit in the corporate accounts of Presidio and (ii) $5,000,000. 
 “Exchange Act” means the Securities Exchange Act
of 1934, as amended, and the rules and regulations of the SEC promulgated thereunder. 
 “Excluded Receivables” mean
(a) all Receivables now existing or hereafter arising which are sold by Presidio Networked Solutions, Inc. to IBM Credit, LLC pursuant to the terms and conditions of that certain Master Purchase Agreement dated September 28, 2007, between
Presidio Networked Solutions, Inc. and IBM Credit, LLC, (b) all Receivables now existing or hereafter arising under or in connection with purchase orders between Presidio Networked Solutions, Inc. and its customers with respect to goods or
services which are the subject of a lease agreement between Key Government Finance, Inc., as lessor, and Presidio Networked Solutions, Inc., as lessee, (c) all Receivables now existing or hereafter arising which are sold by Presidio Networked
Solutions, Inc. to Key Government Finance, Inc. pursuant to the terms and conditions of that certain Master Purchase Agreement dated January 20, 2004, between Key Government Finance, Inc. (then known as Key Federal Finance, a Division of Key
Corporate Capital Inc.) and Presidio Networked Solutions, Inc. (then known as The Presidio Corporation), (d) all Receivables now or hereafter covered by UCC Financing Statement No. 200705981841 filed in the Florida Secured Transaction Registry
naming Presidio Networked Solutions, Inc. as debtor and Key Government Finance, Inc. as secured party, (e) all Receivables now or hereafter covered by UCC Financing Statement No. 201206377583 filed in the Florida Secured Transaction Registry
naming Presidio Networked Solutions, Inc. as debtor and Key Government Finance, Inc. as secured party (by way of assignment from TD Equipment Finance, Inc.), and (f) any Receivable which (i) is now existing or hereafter arising under or in
connection with any service and maintenance contracts issued by Sun MicroSystems, Inc. (“Sun”) which has been or hereafter is purchased by Presidio Networked Solutions, Inc. (whether directly or from any other person), for resale to
a customer of Presidio Networked Solutions, Inc., and (ii) has not been invoiced by Presidio Networked Solutions, Inc. to its customer in accordance with the terms of such Sun service and maintenance contracts. 

“Exiting Notice” has the meaning set forth in Section 1.12 of this Agreement. 

“Exiting Purchaser” has the meaning set forth in Section 1.4(b)(ii) of this Agreement. 

“Facility Termination Date” means the earliest to occur of: (a) with respect to each Purchaser the date that is three
(3) years from the Amendment and Restatement Closing Date, subject to any extension pursuant to Section 1.12 of this Agreement (it being understood that if any such Purchaser does not extend its Commitment hereunder then the
Purchase Limit shall be reduced ratably with respect to the Purchasers in each Purchaser Group by an amount equal to the Commitment of such Exiting Purchaser and the Commitment Percentages and Group Commitments of the Purchasers within each
Purchaser Group shall be appropriately adjusted), 

  

					
		 	Exhibit I-13	  	Second A&R Receivables Purchase Agreement









 
(b) the date determined pursuant to Section 2.2 of this Agreement, (c) the date the Purchase Limit reduces to zero pursuant to Section 1.1(b) of this Agreement,
(d) with respect to each Purchaser Group, the date that the commitments of all of the Liquidity Providers terminate under the related Liquidity Agreement (it being understood and agreed that the date set forth in the related Liquidity Agreement
as the scheduled “purchase termination date” (or other similar term) shall not be amended by the applicable Purchasers and the related Liquidity Providers to be a date earlier than the date that is three (3) years from the Amendment
and Restatement Closing Date), (e) with respect to each Purchaser Group, the date that the commitment, of all of the Related Committed Purchasers of such Purchaser Group terminate pursuant to Section 1.12, (f) the date which is
60 days after the date on which the Administrator and each Purchaser Agent has received written notice from the Seller of its election to terminate the Purchase Facility and (g) the Seller shall fail to cause the amendment or modification of
any Transaction Document as reasonably requested by Moody’s or Standard & Poor’s, and such failure shall continue for 30 days after such amendment or modification is initially requested. 

“FATCA” means Sections 1471 through 1474 of the Code as of the date of this Agreement and any regulations or official
interpretations thereof (or any amended or successor version thereof), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code and any fiscal or regulatory
legislation, rules or official practices adopted pursuant to any published intergovernmental agreements entered into in connection with the implementation of such Sections of the Code. 

“FATCA Deduction” means any deductions or withholdings required by FATCA from any payments made by the Seller, the
Originators or the Servicer in connection with this Agreement or any of the other Transaction Documents. 
 “Federal Funds
Rate” means, for any day, the per annum rate set forth in the weekly statistical release designated as H.15(519), or any successor publication, published by the Federal Reserve Board (including any such successor, “H.15(519)”) for
such day opposite the caption “Federal Funds (Effective).” If on any relevant day such rate is not yet published in H.15(519), the rate for such day will be the rate set forth in the daily statistical release designated as the Composite
3:30 p.m. Quotations for U.S. Government Securities, or any successor publication, published by the Federal Reserve Bank of New York (including any such successor, the “Composite 3:30 p.m. Quotations”) for such day under the caption
“Federal Funds Effective Rate.” If on any relevant day the appropriate rate is not yet published in either H.15(519) or the Composite 3:30 p.m. Quotations, the rate for such day will be the arithmetic mean as determined by the
Administrator of the rates for the last transaction in overnight Federal funds arranged before 9:00 a.m. (New York City Time) on that day by each of three leading brokers of Federal funds transactions in New York City selected by the Administrator.

 “Federal Government Entity” means the federal government of the United States of America and each agency, board,
authority or other entity arising under the authority of the United States of America. 
 “Federal Reserve Board” means the
Board of Governors of the Federal Reserve System, or any entity succeeding to any of its principal functions. 

  

					
		 	Exhibit I-14	  	Second A&R Receivables Purchase Agreement









 “Fees” means the fees payable by the Seller to each member of each Purchaser
Group pursuant to the applicable Purchaser Group Fee Letter. 
 “Financial Officer” means, with respect to any Person, the
chief financial officer, principal accounting officer, treasurer or controller of such Person. 
 “Fixed Charge Coverage
Ratio” has the meaning set forth in the Indenture, without giving effect to any amendments or supplements thereto after the effective date of the Indenture. 

“Foreign Purchaser” has the meaning set forth in Section 1.10(c) of this Agreement. 

“GAAP” means generally accepted accounting principles in the United States of America, applied in accordance with the
consistency requirements thereof. 
 “Governmental Authority” means the government of the United States of America, any
other nation or any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or
administrative powers or functions of or pertaining to government (including any supra-national body exercising such powers or functions, such as the European Union or the European Central Bank). 

“Group A Obligor” means any Obligor with a short-term rating of at least: (a) “A-1” by Standard &
Poor’s, or if such Obligor does not have a short-term rating from Standard & Poor’s, a rating of “A” or better by Standard & Poor’s on its long-term senior unsecured and uncredit-enhanced debt securities,
and (b) “P-1” by Moody’s, or if such Obligor does not have a short-term rating from Moody’s, “A2” or better by Moody’s on its long-term senior unsecured and uncredit-enhanced debt securities. 

“Group B Obligor” means an Obligor, not a Group A Obligor, with a short-term rating of at least: (a) “A-2” by
Standard & Poor’s, or if such Obligor does not have a short-term rating from Standard & Poor’s, a rating of “BBB+” to “A-” by Standard & Poor’s on its long-term senior unsecured and
uncredit-enhanced debt securities, and (b) “P-2” by Moody’s, or if such Obligor does not have a short-term rating from Moody’s, “Baa1” to “A3” by Moody’s on its long-term senior unsecured and
uncredit-enhanced debt securities. 
 “Group C Obligor” means an Obligor, not a Group A Obligor or Group B Obligor, with a
short-term rating of at least: (a) “A-3” by Standard & Poor’s, or if such Obligor does not have a short-term rating from Standard & Poor’s, a rating of “BBB-” to “BBB” by
Standard & Poor’s on its long-term senior unsecured and uncredit-enhanced debt securities, and (b) “P-3” by Moody’s, or if such Obligor does not have a short-term rating from Moody’s, “Baa3” to
“Baa2” by Moody’s on its long-term senior unsecured and uncredit-enhanced debt securities. 
 “Group
Capital” means with respect to any Purchaser Group, an amount equal to the aggregate of all Capital of the Purchasers within such Purchaser Group. 

“Group Commitment” means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such
Purchaser Group. 

  

					
		 	Exhibit I-15	  	Second A&R Receivables Purchase Agreement









 “Group D Obligor” means any Obligor that is not a Group A Obligor, Group B
Obligor or Group C Obligor. 
 “Indemnified Amounts” has the meaning set forth in Section 3.1 of this
Agreement. 
 “Indemnified Party” has the meaning set forth in Section 3.1 of this Agreement. 

“Indemnified Taxes” has the meaning set forth in Section 1.10(a)(i) of this Agreement. 

“Indenture” means the Indenture, dated February 2, 2015, among Presidio Holdings Inc., as issuer and Wilmington Trust,
National Association, as trustee. 
 “Independent Manager” has the meaning set forth in paragraph 3(c) of Exhibit
IV to this Agreement. 
 “Information Package” means each report, in substantially the form of Annex A to this
Agreement, furnished by or on behalf of the Servicer to the Administrator and each Purchaser Agent pursuant to this Agreement. 

“Insolvency Proceeding” means: (a) any case, action or proceeding before any court or other Governmental Authority
relating to bankruptcy, reorganization, insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors, or (b) any general assignment for the benefit of creditors, composition, marshaling of assets for creditors, or other
similar arrangement in respect of its creditors generally or any substantial portion of its creditors, in each case undertaken under U.S. Federal, state or foreign law, including the Bankruptcy Code. 

“Internal Revenue Code” means the Internal Revenue Code of 1986, as amended from time to time, and any successor statute of
similar import, together with the regulations thereunder, in each case as in effect from time to time. References to sections of the Internal Revenue Code also refer to any successor sections. 

“Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, assignment,
charge, security interest or other encumbrance on, in or of such asset, including any agreement to provide any of the foregoing and any arrangement entered into for the purpose of making particular assets available to satisfy any Indebtedness or
other obligation, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating
to such asset and (c) in the case of securities, any purchase option, call or similar right of a third party with respect to such securities. 

“Liquidity Agreement” means any agreement entered into in connection with this Agreement pursuant to which a Liquidity
Provider agrees to make purchases or advances to, or purchase assets from, any Conduit Purchaser in order to provide liquidity for such Conduit Purchaser’s Purchases. 

“Liquidity Provider” means each bank or other financial institution that provides liquidity support to any Conduit Purchaser
pursuant to the terms of a Liquidity Agreement. 

  

					
		 	Exhibit I-16	  	Second A&R Receivables Purchase Agreement









 “LMIR” means for any day during any Yield Period, the one-month Eurodollar rate
for U.S. dollar deposits as reported on the Reuters Screen LIBOR01 Page or any other page that may replace such page from time to time for the purpose of displaying offered rates of leading banks for London interbank deposits in United States
dollars, as of 11:00 a.m. (London time) on such day, or if such day is not a Business Day, then the immediately preceding Business Day (or if not so reported, then as reasonably determined by the Administrator from another recognized source for
interbank quotation reasonably selected by the Administrator). Notwithstanding the foregoing, if the LMIR as determined above would be less than zero (0.00), such rate shall be deemed to be zero (0.00) for purposes of this Agreement. 

“Lock-Box Account” means each account listed on Schedule II to this Agreement and maintained at a bank or other
financial institution acting as a Lock-Box Bank pursuant to a Lock-Box Agreement for the purpose of receiving Collections. 

“Lock-Box Agreement” means an agreement, among the Seller, the applicable Originators, the Servicer, a Lock-Box Bank and the
Administrator, governing the terms of the related Lock-Box Accounts, in each case acceptable to the Administrator. 
 “Lock-Box
Bank” means any of the banks or other financial institutions holding one or more Lock-Box Accounts. 
 “Loss
Reserve” means, on any date, an amount equal to (a) the Aggregate Capital at the close of business of the Servicer on such date multiplied by (b)(i) the Loss Reserve Percentage on such date divided by (ii) 1 minus the Loss Reserve
Percentage on such date. 
 “Loss Reserve Percentage” means, on any date, an amount equal to (a) the product of
(i) 2.25 times the highest average of the Default Ratios for any three consecutive calendar months during the twelve most recent calendar months multiplied by (ii) the aggregate credit sales made by all Originators during the six most
recent calendar months, divided by (b) the Net Receivables Pool Balance as of such date. 
 “Majority Purchaser
Agents” means, at any time, the Purchaser Agents which in their related Purchaser Group have Related Committed Purchasers whose Commitments aggregate more than 50% of the aggregate of the Commitments of all Related Committed Purchasers in
all Purchaser Groups. 
 “Material Adverse Effect” means, relative to any Person with respect to any event or circumstance,
a material adverse effect on: 
 (a) the assets, operations, business or financial condition of such Person, 

(b) the ability of any of such Person to perform its obligations under this Agreement or any other Transaction Document to
which it is a party, 
 (c) the validity or enforceability of any of the Transaction Documents, or the validity,
enforceability or collectibility of the Pool Receivables, or 

  

					
		 	Exhibit I-17	  	Second A&R Receivables Purchase Agreement









 (d) the status, perfection, enforceability or priority of the
Administrator’s, any Purchaser’s or the Seller’s interest in the Pool Assets. 
 “Moody’s” means
Moody’s Investors Service, Inc. 
 “Multiemployer Plan” means a multiemployer plan as defined in
Section 4001(a)(3) of ERISA. 
 “Net Receivables Pool Balance” means, at any time: (a) the Outstanding Balance of
Eligible Receivables then in the Receivables Pool minus (b) without duplication, the Excess Concentration minus (c) the aggregate amount of any Permitted Adverse Claims on the Receivables Pool. 

“Notes” means short-term promissory notes issued, or to be issued, by any Conduit Purchaser to fund its investments in
accounts receivable or other financial assets. 
 “Obligor” means, with respect to any Receivable, the Person obligated to
make payments pursuant to the Contract relating to such Receivable. 
 “Original Agreement” has the meaning set forth in
the preamble to this Agreement. 
 “Originator” means each Person from time to time party to the Sale Agreement as an
Originator. 
 “Other Taxes” means any and all present or future stamp or documentary taxes or any other excise or property
taxes, charges or similar levies arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Transaction Document. 

“Outstanding Balance” of any Receivable at any time means the then outstanding principal balance thereof. 

“Participant” has the meaning set forth in Section 6.3(b) of this Agreement. 

“Patriot Act” has the meaning set forth in Section 6.17 of this Agreement. 

“Paydown Notice” has the meaning set forth in Section 1.4(f) of this Agreement. 

“Performance Guaranty” means the Performance Guaranty, dated as March 31, 2011, by Presidio IS Corp. as Performance
Guarantor, in favor of the Administrator for the benefit of the Purchasers and Purchaser Agents, as the same may be amended, restated, supplemented or otherwise modified from time to time. 

“Permitted Adverse Claim” means Liens for taxes, assessments or other governmental charges not delinquent or being contested
in good faith and by appropriate proceedings in an aggregate amount for all Originators not to exceed $2,500,000 and with respect to which proper reserves have been established by the applicable Originator in accordance with GAAP; provided, that the
Lien shall have no effect on the priority of the Liens in favor of the Administrator or the value of the assets in which the Administrator has such a Lien and a stay of enforcement of any such Lien shall be in effect. 

  

					
		 	Exhibit I-18	  	Second A&R Receivables Purchase Agreement









 “Permitted Holders” means, at any time, each of (i) the Sponsors,
(ii) the directors, executive officers and other management personnel of Presidio Holdings Inc. or any direct or indirect parent of Presidio Holdings Inc., (iii) any Person that has no material assets other than the Capital Stock of
Presidio Holdings Inc. and, directly or indirectly, holds or acquires 100.0% of the total voting power of the Voting Stock of Presidio Holdings Inc., and of which no other Person or group (within the meaning of Section 13(d)(3) or
Section 14(d)(2) of the Exchange Act, or any successor provision), other than any of the other Permitted Holders specified in clauses (i), (ii) and (iii), holds more than 50.0% of the total voting power of the Voting Stock thereof and
(iv) any group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) the members of which include any of the Permitted Holders specified in clauses (i), (ii) and
(iii) above and that, directly or indirectly, hold or acquire beneficial ownership of the Voting Stock of Presidio Holdings Inc. (a “Permitted Holder Group”), so long as (1) each member of the Permitted Holder Group has
voting rights proportional to the percentage of ownership interests held or acquired by such member and (2) no Person or other “group” (other than Permitted Holders specified in clauses (i), (ii) and (iii) above)
beneficially owns more than 50.0% on a fully diluted basis of the Voting Stock held by the Permitted Holder Group. 

“Person” means an individual, partnership, corporation (including a business trust), joint stock company, trust,
unincorporated association, joint venture, limited liability company or other entity, or a government or any political subdivision or agency thereof. 

“PNC” means PNC Bank, National Association. 

“Pool Assets” has the meaning set forth in Section 1.2(d) of this Agreement. 

“Pool Receivable” means a Receivable in the Receivables Pool. 

“Portion of Capital” means, with respect to any Purchaser and its related Capital, the portion of such Capital being funded
or maintained by such Purchaser by reference to a particular interest rate basis. 
 “Presidio” has the meaning set forth
in the preamble to this Agreement. 
 “Program Support Agreement” means and includes any Liquidity Agreement and any other
agreement entered into by any Program Support Provider providing for: (a) the issuance of one or more letters of credit for the account of any Conduit Purchaser, (b) the issuance of one or more surety bonds for which the such Conduit
Purchaser is obligated to reimburse the applicable Program Support Provider for any drawings thereunder, (c) the sale by such Conduit Purchaser to any Program Support Provider of the Purchased Interest (or portions thereof) maintained by such
Conduit Purchaser and/or (d) the making of loans and/or other extensions of credit to any Conduit Purchaser in connection with such Conduit Purchaser’s securitization program contemplated in this Agreement, together with any letter of
credit, surety bond or other instrument issued thereunder. 

  

					
		 	Exhibit I-19	  	Second A&R Receivables Purchase Agreement









 “Program Support Provider” means and includes with respect to each Conduit
Purchaser any Liquidity Provider and any other Person (other than any customer of such Conduit Purchaser) now or hereafter extending credit or having a commitment to extend credit to or for the account of, or to make purchases from, such Conduit
Purchaser pursuant to any Program Support Agreement. 
 “Published Rate” shall mean the rate of interest published each
Business Day in The Wall Street Journal “Money Rates” listing under the caption “London Interbank Offered Rates” for a one month period (or, if no such rate is published therein for any reason, then the Published
Rate shall be the rate at which U.S. dollar deposits are offered by leading banks in the London interbank deposit market for a one month period as published in another publication selected by the Administrator). 

“Purchase” has the meaning set forth in Section 1.1(a) of this Agreement. 

“Purchase and Sale Termination Date” has the meaning set forth in Section 1.4 of the Sale Agreement. 

“Purchase Date” means the date of which a Purchase or a reinvestment is made pursuant to this Agreement. 

“Purchase Facility” has the meaning set forth in Section 1.1 of the Sale Agreement. 

“Purchase Limit” means “$200,000,000, as such amount may be reduced pursuant to Section 1.1(b) of this
Agreement or otherwise in connection with any Exiting Purchaser. References to the unused portion of the Purchase Limit shall mean, at any time, the Purchase Limit minus the then outstanding Aggregate Capital. 

“Purchase Notice” has the meaning set forth in Section 1.2(a) to this Agreement. 

“Purchased Interest” means, at any time, the undivided percentage ownership interest in: (a) each and every Pool
Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided
percentage interest shall be computed as: 
 Aggregate Capital + Total Reserves 

Net Receivables Pool Balance 
 The Purchased
Interest shall be determined from time to time pursuant to Section 1.3 of this Agreement. 
 “Purchaser” means
each Conduit Purchaser and/or each Related Committed Purchaser, as applicable. 
 “Purchaser Agent” means each Person
acting as agent on behalf of a Purchaser Group and designated as a Purchaser Agent for such Purchaser Group on the signature pages to this Agreement or any other Person who becomes a party to this Agreement as a Purchaser Agent pursuant to an
Assumption Agreement or a Transfer Supplement. 

  

					
		 	Exhibit I-20	  	Second A&R Receivables Purchase Agreement









 “Purchaser Group” means, for each Conduit Purchaser, such Conduit Purchaser, its
Related Committed Purchasers (if any) and its related Purchaser Agent. 
 “Purchaser Group Fee Letter” has the meaning set
forth in Section 1.5 of this Agreement. 
 “Purchasers’ Share” of any amount, at any time, means such
amount multiplied by the Purchased Interest at such time. 
 “Purchasing Related Committed Purchaser” has the meaning set
forth in Section 6.3(c) of this Agreement. 
 “Ratable Share” means, for each Purchaser Group, such Purchaser
Group’s aggregate Commitments divided by the aggregate Commitments of all Purchaser Groups. 
 “Rating Agency
Condition” means, when applicable, with respect to any material event or occurrence, receipt by the Administrator (or the applicable Purchaser Agent) of written confirmation from each of Standard & Poor’s and Moody’s
(and/or each other rating agency then rating the Notes of the applicable Conduit Purchaser) that such event or occurrence shall not cause the rating on the then outstanding Notes of any applicable Purchaser to be downgraded or withdrawn. 

“Receivable” means any indebtedness and other obligations owed to any Originator or the Seller by, or any right of the Seller
or any Originator to payment from or on behalf of an Obligor or any right to reimbursement for funds paid or advanced by the Seller or any Originator on behalf of, an Obligor, whether constituting an account, chattel paper, payment intangible,
instrument or general intangible, in each case arising in connection with the sale, lease or license of property or the rendering of services by any Originator (whether or not earned by performance), and includes, without limitation, the obligation
to pay any finance charges, fees and other charges with respect thereto. Indebtedness and other obligations arising from any one transaction, including, without limitation, indebtedness and other obligations represented by an individual invoice or
agreement, and which otherwise meet the definition of a Receivable, shall constitute a Receivable separate from a Receivable consisting of the indebtedness and other obligations arising from any other transaction. Notwithstanding the foregoing, in
no event will the Receivables include any of the Excluded Receivables, or any proceeds thereof. 
 “Receivables Pool”
means, at any time, all of the then outstanding Receivables purchased by the Seller pursuant to the Sale Agreement prior to the Facility Termination Date. 

“Related Committed Purchaser” means each Person listed as such (and its respective Commitment) for each Conduit Purchaser as
set forth on the signature pages of this Agreement or in any Assumption Agreement or Transfer Supplement. 
 “Related
Rights” has the meaning set forth in Section 1.1 of the Sale Agreement. 
 “Related Security” means,
with respect to any Receivable: 

  

					
		 	Exhibit I-21	  	Second A&R Receivables Purchase Agreement









 (a) all of the Seller’s and the Originator thereof’s interest in any goods (including
returned goods), and documentation of title evidencing the shipment or storage of any goods (including returned goods), the sale of which gave rise to such Receivable, 

(b) all instruments and chattel paper that may evidence such Receivable, 

(c) all other security interests or liens and property subject thereto from time to time purporting to secure payment of such Receivable,
whether pursuant to the Contract related to such Receivable or otherwise, together with all UCC financing statements or similar filings relating thereto, 

(d) solely to the extent applicable to such Receivable, all of the Seller’s and the Originator thereof’s rights, interests and
claims under the Contracts relating to such Receivable, and all guaranties, indemnities, insurance and other agreements (including the related Contract) or arrangements of whatever character from time to time supporting or securing payment of such
Receivable or otherwise relating to such Receivable, whether pursuant to the Contract related to such Receivable or otherwise, and 
 (e)
all of the Seller’s rights, interests and claims under the Sale Agreement and the other Transaction Documents. 
 “Reportable
Compliance Event” means that any Covered Entity becomes a Sanctioned Person, or is charged by the United States government pursuant to any indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in
connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of
any Anti-Terrorism Law in any material respect. 
 “Restricted Payments” has the meaning set forth in
Section 1(n) of Exhibit IV to this Agreement. 
 “Rule 17g-5” shall have the meaning set forth in
Section 6.7 of this Agreement. 
 “Sale Agreement” means the Purchase and Sale Agreement, dated as of the
Closing Date among the Seller and the Originators, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time. 

“Sanctioned Country” means a country subject to a sanctions program maintained under any Anti-Terrorism Law described in
clause (i) of the definition thereof. 
 “Sanctioned Person” means any individual person, group, regime, or entity
listed or otherwise recognized as a specially designated, prohibited, sanctioned or debarred person, group, regime, or entity, or subject to any limitations or prohibitions (including but not limited to the blocking of property or rejection of
transactions), under any Anti-Terrorism Law described in clause (i) of the definition thereof. 
 “Seller” has the
meaning set forth in the preamble to this Agreement. 

  

					
		 	Exhibit I-22	  	Second A&R Receivables Purchase Agreement









 “Seller’s Share” of any amount means the greater of: (a) $0 and
(b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest. 

“Servicer” has the meaning set forth in the preamble to this Agreement. 

“Servicer Default” shall mean any of the following events: (a) (i) the Servicer shall fail to make when due any
payment or deposit to be made by it under this Agreement or any other Transaction Document and such failure shall remain unremedied for two (2) Business Days after the earlier of the Servicer’s knowledge or notice thereof; (b) any
representation or warranty made or deemed made by the Servicer (or any of its officers) under or in connection with this Agreement or any other Transaction Document shall fail to have been true or correct in any material respect when made or deemed
made or delivered and such failure shall, solely to the extent capable of cure, continue for 15 days after the earlier of the Servicer’s knowledge or notice thereof; (c) the Servicer shall fail to perform or observe any term, covenant or
agreement under this Agreement or any other Transaction Document and, except as otherwise provided herein, such failure shall, solely to the extent capable of cure, continue for 30 days after the earlier of the Servicer’s knowledge or notice
thereof; (d) a Termination Event in paragraph (f) of Exhibit V shall occur with respect to the Servicer; (e) Presidio ceases to be the Servicer or to own, directly or indirectly, 100% of the voting Equity Interests of
the Servicer; (f) the Servicer shall fail to deliver any Information Package or any Weekly Report when due pursuant to this Agreement and such failure shall remain unremedied for two Business Days after the earlier of the Servicer’s
knowledge or notice thereof or (g) the Purchased Interest shall exceed 100% for two (2) Business Days after the earlier of the Servicer’s knowledge or notice thereof. 

“Servicing Fee” shall mean the fee referred to in Section 4.6 of this Agreement. 

“Servicing Fee Rate” shall have the meaning set forth in Section 4.6 of this Agreement. 

“Settlement Date” means the 18th day of each calendar month (or if such day is not a Business Day, the next occurring
Business Day); provided, however, that on and after the occurrence and during the continuation of any Termination Event, the Settlement Date shall be the date selected as such by the Administrator (with the consent or at the direction
of the Majority Purchaser Agents) from time to time (it being understood that the Administrator (with the consent or at the direction of the Majority Purchaser Agents) may select such Settlement Date to occur as frequently as daily) or, in
the absence of any such selection, the date which would be the Settlement Date pursuant to this definition. 
 “Solvent”
means, with respect to any Person at any time, a condition under which: 
 (i) the fair value and present fair saleable value
of such Person’s total assets is, on the date of determination, greater than such Person’s total liabilities (including contingent and unliquidated liabilities) at such time; 

(ii) the fair value and present fair saleable value of such Person’s assets is greater than the amount that will be
required to pay such Person’s probable liability on its existing debts as they become absolute and matured (“debts,” for this purpose, includes all legal liabilities, whether matured or unmatured, liquidated or unliquidated,
absolute, fixed, or contingent); 

  

					
		 	Exhibit I-23	  	Second A&R Receivables Purchase Agreement









 (iii) such Person is and shall continue to be able to pay all of its liabilities
as such liabilities mature; and 
 (iv) such Person does not have unreasonably small capital with which to engage in its
current and in its anticipated business. 
 For purposes of this definition: 

(A) the amount of a Person’s contingent or unliquidated liabilities at any time shall be that amount which, in light of
all the facts and circumstances then existing, represents the amount which can reasonably be expected to become an actual or matured liability; 

(B) the “fair value” of an asset shall be the amount which may be realized within a reasonable time either through
collection or sale of such asset at its regular market value; 
 (C) the “regular market value” of an asset shall
be the amount which a capable and diligent business person could obtain for such asset from an interested buyer who is willing to Purchase such asset under ordinary selling conditions; and 

(D) the “present fair saleable value” of an asset means the amount which can be obtained if such asset is sold with
reasonable promptness in an arm’s-length transaction in an existing and not theoretical market. 
 “Specified
Transaction” means (i) Presidio ceasing to own, directly or indirectly, 100% of the outstanding Equity Interests of the Seller, (ii) Presidio Holdings Inc. ceasing to own, directly or indirectly, 100% of the outstanding Equity
Interests of Presidio (or of any successor thereto following the merger of Presidio with any other wholly-owned Subsidiary of Presidio Holdings Inc.); or (iii) Presidio ceasing to own, directly or indirectly, 100% of the outstanding Equity
Interests of any Originator (unless such person has ceased to be an Originator hereunder). 
 “Sponsors” means (i) one
or more investment funds affiliated with Apollo Global Management, LLC and any of their respective Affiliates other than any portfolio companies (collectively, the “Apollo Sponsors”) and (ii) any Person that forms a group
(within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) with the Apollo Sponsors; provided that any Apollo Sponsor (x) owns a majority of the voting power and
(y) controls a majority of the board of directors of Presidio Holdings Inc. 
 “Standard & Poor’s” means
Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. 
 “State Government Entity” means a state,
county or local government of a State of the United States of America and each agency, board, authority or other entity arising under the authority of such State. 

“Sub-Servicer” has the meaning set forth in Section 4.1(d) of this Agreement. 

  

					
		 	Exhibit I-24	  	Second A&R Receivables Purchase Agreement









 “Subsidiary” means, with respect to any Person (the “parent”)
at any date, (a) any Person the accounts of which would be consolidated with those of the parent in the parent’s consolidated financial statements if such financial statements were prepared in accordance with GAAP as of such date and
(b) any other Person (i) of which Equity Interests representing more than 50% of the equity value or more than 50% of the ordinary voting power or, in the case of a partnership, more than 50% of the general partnership interests are, as of
such date, owned, controlled or held, or (ii) that is, as of such date, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent. 

“Tangible Net Worth” means, with respect to any Person, the tangible net worth of such Person as determined in accordance
with GAAP. 
 “Taxes” means, with respect to any Person, all taxes, charges, fees, levies or other assessments (including
income, gross receipts, profits, withholding, excise, property, sales, use, license, occupation and franchise taxes and including any related interest, penalties or other additions) imposed by any jurisdiction or taxing authority (whether foreign or
domestic) under the laws of which such Person is organized. 
 “Termination Day” means: (a) each day on which the
conditions set forth in Section 2 of Exhibit II to this Agreement are not satisfied or (b) each day that occurs on or after the Facility Termination Date. 

“Termination Event” has the meaning specified in Exhibit V to this Agreement. 

“Total Reserves” means, at any time the greater of (a) the sum of (i) the Dilution Reserve, (ii) the Loss
Reserve and (iii) the Yield Reserve and (b) the sum of (i) the Concentration Reserve and (ii) the Dilution Component Reserve. 

“Transaction Documents” means this Agreement, the Lock-Box Agreements, each Purchaser Group Fee Letter, the Sale Agreement,
the Performance Guaranty and all other certificates, instruments, reports, notices, agreements and documents executed or delivered under or in connection with this Agreement, in each case as the same may be amended, amended and restated,
supplemented or otherwise modified from time to time in accordance with the terms thereof. 
 “Transfer Supplement” has the
meaning set forth in Section 6.3(c) of this Agreement. 
 “UCC” means the Uniform Commercial Code as from time
to time in effect in the applicable jurisdiction. 
 “Unmatured Servicer Default” means an event that, with the giving of
notice or lapse of time, or both, would constitute a Servicer Default. 
 “Unmatured Termination Event” means an event
that, with the giving of notice or lapse of time, or both, would constitute a Termination Event. 
 “Voting Stock” of any
Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the board of directors of such Person. 

  

					
		 	Exhibit I-25	  	Second A&R Receivables Purchase Agreement









 “Weekly Report” means each report, in substantially the form of Annex F
to this Agreement, furnished by or on behalf of the Servicer to the Administrator and each Purchaser Agent pursuant to this Agreement. 

Weekly Reporting Event” means (i) (A) the Default Ratio shall exceed 4.75%, or (B) the Delinquency Ratio shall
exceed 12.0%, (ii) the average for three consecutive calendar months of (A) the Default Ratio shall exceed 3.25%, (B) the Delinquency Ratio shall exceed 10.0%, or (C) the Dilution Ratio shall exceed 5.00%, or
(iii) Days’ Sales Outstanding exceeds 60 days (or, for the calendar months of September, October, November and December (and any week therein), 65 days). A Weekly Reporting Event will be deemed to no longer be continuing as of any date
that the applicable ratio or Days Sales Outstanding no longer exceeds the applicable amount triggering such Weekly Reporting Event, and after such date no Weekly Reports will be required in respect of such Weekly Reporting Event; provided,
however, and for the avoidance of doubt, if the applicable ratio or Days Sales Outstanding exceed the applicable amounts set forth in the first sentence of this definition after such Weekly Reporting Event then a new Weekly Reporting Event
shall occur and a new Weekly Report will be required until the applicable ratio or Days Sales Outstanding no longer exceeds the applicable amount triggering such new Weekly Reporting Event.” 

“Yield Period” means (a) with respect to any Portion of Capital funded by the issuance of Notes, (i) initially the
period commencing on (and including) the date of the initial Purchase or funding of such Portion of Capital and ending on (but not including) the next occurring Settlement Date, and (ii) thereafter, each period commencing on (and including) the
first day after the last day of the immediately preceding Yield Period for such Portion of Capital and ending on (but not including) the next occurring Settlement Date; and (b) with respect to any Portion of Capital not funded by the issuance
of Notes, (i) initially the period commencing on (and including) the date of the initial Purchase or funding of such Portion of Capital and ending such number of days later (including a period of one day) as the Administrator (with the consent
or at the direction of the applicable Purchaser Agent) shall select, and (ii) thereafter, each period commencing on the last day of the immediately preceding Yield Period for such Portion of Capital and ending such number of days later
(including a period of one day) as the Administrator (with the consent or at the direction of the applicable Purchaser Agent) shall select; provided, that 

(i) any Yield Period (other than of one day) which would otherwise end on a day which is not a Business Day shall be extended
to the next succeeding Business Day; provided, however, if Discount in respect of such Yield Period is computed by reference to the Euro-Rate or LMIR, and such Yield Period would otherwise end on a day which is not a Business Day, and
there is no subsequent Business Day in the same calendar month as such day, such Yield Period shall end on the next preceding Business Day; 

(ii) in the case of any Yield Period of one day, (A) if such Yield Period is the initial Yield Period for a Purchase
hereunder (other than a reinvestment), such Yield Period shall be the day of such Purchase; (B) any subsequently occurring Yield Period which is one day shall, if the immediately preceding Yield Period is more than one day, be the last day of
such immediately preceding Yield Period, and, if the immediately preceding Yield Period is one day, be the day next following such immediately preceding Yield Period; and (C) if such Yield Period occurs on a day immediately preceding a day
which is not a Business Day, such Yield Period shall be extended to the next succeeding Business Day; and 

  

					
		 	Exhibit I-26	  	Second A&R Receivables Purchase Agreement









 (iii) in the case of any Yield Period for any Portion of Capital which commences
before the Facility Termination Date and would otherwise end on a date occurring after the Facility Termination Date, such Yield Period shall end on such Facility Termination Date and the duration of each Yield Period which commences on or after the
Facility Termination Date shall be of such duration as shall be selected by the Administrator (with the consent or at the direction of the applicable Purchaser Agent). 

“Yield Protection Fee” means, for any Yield Period, with respect to any Portion of Capital, to the extent that (i) any
payments are made by the Seller to the related Purchaser in respect of such Capital hereunder prior to the applicable maturity date of any Notes or other instruments or obligations used or incurred by such Purchaser to fund or maintain such Portion
of Capital or (ii) any failure by the Seller to borrow, continue or prepay any Portion of Capital on the date specified in any Purchase Notice delivered pursuant to Section 1.2(a) of this Agreement, the amount, if any, by which:
(a) the additional Discount related to such Portion of Capital that would have accrued through the maturity date of such Notes or other instruments on the portion thereof for which payments were received from the Seller (or with respect to
which the Seller failed to borrow such amounts), exceeds (b) the income, if any, received by such Purchaser from investing the proceeds so received in respect of such Portion of Capital, as determined by the applicable Purchaser Agent, which
determination shall be binding and conclusive for all purposes, absent manifest error. 
 “Yield Reserve” means, at any
time the sum of (a) all accrued and unpaid Discount at such time, plus (b) the following amount: 
  
 



 
  

							
	 where:
	  	BR	  	=	  	the Base Rate in effect at such time,
		  	DSO	  	=	  	the Days’ Sales Outstanding, and
		  	SFR	  	=	  	Servicing Fee Rate.

 Other Terms. All accounting terms not specifically defined herein shall be construed in accordance with
generally accepted accounting principles. All terms used in Article 9 of the UCC in the State of New York, and not specifically defined herein, are used herein as defined in such Article 9. Unless the context otherwise requires, “or” means
“and/or,” and “including” (and with correlative meaning “include” and “includes”) means including without limiting the generality of any description preceding such term. 

  

					
		 	Exhibit I-27	  	Second A&R Receivables Purchase Agreement









 EXHIBIT II 

CONDITIONS OF PURCHASES 

1. Conditions Precedent to Initial Purchase. The initial Purchase under the A&R Agreement is subject to the following conditions
precedent that the Administrator and each Purchaser Agent shall have received on or before the date of such Purchase, each in form and substance (including the date thereof) satisfactory to the Administrator and each Purchaser Agent: 

(a) A counterpart of this Agreement and the other Transaction Documents executed by the parties thereto. 

(b) Certified copies of: (i) the resolutions of the Board of Directors of each of the Seller, Presidio IS Corp., the Originators and the
Servicer authorizing the execution, delivery and performance by the Seller, Presidio IS Corp., such Originator and the Servicer, as the case may be, of this Agreement and the other Transaction Documents to which it is a party; (ii) all
documents evidencing other necessary limited liability company or corporate action and governmental approvals, if any, with respect to this Agreement and the other Transaction Documents and (iii) the organizational documents of the Seller,
Presidio IS Corp., each Originator and the Servicer. 
 (c) A certificate of the Secretary or Assistant Secretary of the Seller, Presidio IS
Corp., the Originators and the Servicer certifying the names and true signatures of its officers who are authorized to sign this Agreement and the other Transaction Documents. Until the Administrator and each Purchaser Agent receives a subsequent
incumbency certificate from the Seller, Presidio IS Corp., an Originator or the Servicer, as the case may be, the Administrator and each Purchaser Agent shall be entitled to rely on the last such certificate delivered to it by the Seller, Presidio
IS Corp., such Originator or the Servicer, as the case may be. 
 (d) Proper financing statements that have been duly authorized and filed
or authorized and suitable for filing under the UCC of all jurisdictions that the Administrator and each Purchaser Agent may deem necessary or desirable in order to perfect the interests of the Seller and the Administrator (on behalf of each
Purchaser) contemplated by this Agreement and the Sale Agreement. 
 (e) Proper termination statements and/or amendments to financing
statements that have been duly authorized and suitable for filing, necessary to release all security interests and other rights of any Person in the Receivables, Contracts or Related Security previously granted by the Originators or the Seller. 

(f) Completed UCC search reports, dated on or shortly before the date of the initial Purchase hereunder, listing the financing statements
filed in all applicable jurisdictions, that name the Originators or the Seller as debtor, together with copies of such other financing statements, and similar search reports with respect to judgment liens, federal tax liens and liens of the Pension
Benefit Guaranty Corporation in such jurisdictions, as the Administrator or any Purchaser Agent may reasonably request, showing no Adverse Claims on any Pool Assets (other than those for which proper termination statements and/or amendments to
financing statements as described in the preceding clause (d) have been delivered to the Administrator). 

  

					
		 	Exhibit II-1	  	Second A&R Receivables Purchase Agreement









 (g) Favorable opinions, addressed to the Administrator, each Purchaser, each Purchaser Agent and
each Liquidity Provider, in form and substance reasonably satisfactory to the Administrator and each Purchaser Agent, of Hogan Lovells US, LLP and McGuireWoods LLP, counsel for Seller, the Originators, Presidio IS Corp. and the Servicer, covering
such matters as the Administrator or any Purchaser Agent may reasonably request, including, without limitation, organizational and enforceability matters, certain bankruptcy matters, certain UCC perfection and priority matters. 

(h) [reserved] 
 (i) [reserved]

 (j) Evidence of payment by the Seller of all accrued and unpaid fees (including those contemplated by each Purchaser Group Fee Letter),
costs and expenses to the extent then due and payable on the date thereof, including any such costs, fees and expenses arising under or referenced in Section 6.4 of this Agreement and the applicable Purchaser Group Fee Letters. 

(k) Good standing certificates with respect to each of the Seller, Presidio IS Corp., the Originators and the Servicer issued by the Secretary
of State (or similar official) of the state of each such Person’s organization and principal place of business. 
 (l) [reserved] 

(m) A computer file containing all information with respect to the Receivables as the Administrator or any Purchaser Agent may reasonably
request. 
 (n) Such other approvals, opinions or documents as the Administrator or any Purchaser Agent may reasonably request. 

2. Conditions Precedent to All Purchases and Reinvestments. Each Purchase (including the initial Purchase) and each reinvestment shall
be subject to the further conditions precedent that: 
 (a) in the case of each Purchase, the Servicer shall have delivered to the
Administrator and each Purchaser Agent on or before such Purchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, the most recent Information Package or Weekly Report, if applicable to reflect the level of the
Aggregate Capital and related reserves after such subsequent Purchase; and 
 (b) on the date of such Purchase or reinvestment the following
statements shall be true (and acceptance of the proceeds of such Purchase or reinvestment shall be deemed a representation and warranty by the Seller that such statements are then true): 

(i) the representations and warranties as identified in Section 4(a) of Exhibit III of this Agreement with
respect to such Purchase and as identified in Section 4(b) of 

  

					
		 	Exhibit II-2	  	Second A&R Receivables Purchase Agreement









 Exhibit III of this Agreement with respect to such reinvestment are true and correct on
and as of such day as through made on and as of such day in all material respects (unless such representation or warranty contains a material qualification, and, in such case, such representation or warranty shall be true and correct as made on and
as of such day), except for representations and warranties which apply as to an earlier date (in which case such representations and warranties shall be true and correct as of such date in all material respects (unless such representation or
warranty contains a material qualification, and, in such case, such representation or warranty shall be true and correct as made as of such earlier date)); 

(ii) no event has occurred and is continuing, or would result from such purchase or reinvestment, that constitutes a
Termination Event or an Unmatured Termination Event; 
 (iii) the Aggregate Capital, after giving effect to any such Purchase
or reinvestment shall not be greater than the Purchase Limit, and the Purchased Interest shall not exceed 100%; and 
 (iv)
the Facility Termination Date has not occurred. 

  

					
		 	Exhibit II-3	  	Second A&R Receivables Purchase Agreement









 EXHIBIT III 

REPRESENTATIONS AND WARRANTIES 

1. Representations and Warranties of the Seller. The Seller represents and warrants to the Administrator, each Purchaser Agent and each
Purchaser as of the date of execution of this Agreement (except to the extent that such representations and warranties expressly refer to an earlier date, in which case they are true and correct as of such earlier date) that: 

(a) Existence and Power. The Seller is a limited liability company duly organized, validly existing and in good standing under the laws
of Delaware, and has all organizational power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted. 

(b) Company and Governmental Authorization, Contravention. The execution, delivery and performance by the Seller of this Agreement and
each other Transaction Document to which it is a party: (i) are within the Seller’s organizational powers, (ii) have been duly authorized by all necessary organizational action, (iii) require no authorization, approval or other
action by or in respect of, and no notice to or filing with (other than the filing of UCC financing statements and continuation statements contemplated hereunder and disclosures and filings under applicable securities laws), any governmental body,
agency or official or other Person, and, (iv) do not (A) contravene, or constitute a default under, any provision of (1) applicable law or regulation or (2) of the operating agreement of the Seller or (3) of any agreement,
judgment, writ, injunction, order, award, decree or other instrument binding upon the Seller or (B) result in the creation or imposition of any lien (other than liens in favor of the Administrator) on assets of the Seller. This Agreement and
the other Transaction Documents to which the Seller is a party have been duly executed and delivered by the Seller. 
 (c) Binding Effect
of Agreement. This Agreement and each other Transaction Document to which it is a party constitutes the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with its respective terms, except as such
enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity, regardless of whether enforceability is considered in a
proceeding in equity or at law. 
 (d) Accuracy of Information. All information heretofore furnished by the Seller to the
Administrator or any Purchaser Agent pursuant to or in connection with this Agreement or any other Transaction Document is, and all such information hereafter furnished by the Seller to the Administrator or any Purchaser Agent in writing pursuant to
this Agreement or any Transaction Document will be, true and accurate in all material respects on the date such information is stated or certified. 

(e) Actions, Suits. There are no actions, suits or proceedings pending or, to the best of the Seller’s knowledge, threatened
against or affecting the Seller or its properties, in or before any court, arbitrator or other body. The Seller is not in default with respect to any order of any court, arbitrator or governmental body. 

  

					
		 	Exhibit III-1	  	Second A&R Receivables Purchase Agreement









 (f) Accuracy of Exhibits; Lock-Box Arrangements. The names and addresses of all the
Lock-Box Banks together with the account numbers of the Lock-Box Accounts at such Lock-Box Banks, are specified in Schedule II to this Agreement (or at such other Lock-Box Banks and/or with such other Lock-Box Accounts as have been notified
to the Administrator), and all Lock-Box Accounts are subject to Lock-Box Agreements. All information on each Schedule to this Agreement or the other Transaction Documents (as updated by the Seller from time to time) is true and complete in all
material respects and after giving effect to any updates to Schedules I, II and IV to this Agreement made in accordance with Sections 1(i) and 2(h) of Exhibit IV to this Agreement, Sections 1(f),
1(k), 2(f) and 2(j) of Exhibit IV to this Agreement and Sections 1(b)(iii) and 2(b)(iii) of Exhibit IV to this Agreement, respectively and Schedule III to this Agreement as updated from time by
the Seller providing a revised such Schedule III to the Administrator no later than 30 days after any changes to such Schedule III. The Seller has delivered a copy of all Lock-Box Agreements to the Administrator. The Seller has not
granted any interest in any Lock-Box Account (or any related lock-box or post office box) to any Person other than the Administrator and, upon delivery to a Lock-Box Bank of the related Lock-Box Agreement, the Administrator will have control of the
Lock-Box Account at such Lock-Box Bank in accordance with the terms hereof and the related Lock-Box Agreement. 
 (g) No Material Adverse
Effect. Since the date of formation of Seller as set forth in its certificate of formation, there has been no Material Adverse Effect. 

(h) Names and Location. The Seller has not used any company names, trade names or assumed names other than its name set forth on the
signature pages of this Agreement. The Seller is located (as determined pursuant to Section 9-307(e) of the UCC) in Delaware. The office where the Seller keeps its records concerning the Receivables is at the address set forth below its
signature to this Agreement. 
 (i) Margin Stock. The Seller is not engaged in the business of extending credit for the purpose of
purchasing or carrying margin stock (within the meaning of Regulations T, U and X, as issued by the Board of Governors of the Federal Reserve System), and no proceeds of any Purchase will be used to Purchase or carry any margin stock or to extend
credit to others for the purpose of purchasing or carrying any margin stock. 
 (j) Eligible Receivables. Each Pool Receivable
included as an Eligible Receivable in the calculation of the Net Receivables Pool Balance is an Eligible Receivable. 
 (k) Credit and
Collection Policy. The Seller has complied in all material respects with the Credit and Collection Policy of each Originator with regard to each Receivable originated by such Originator. 

(l) Investment Company Act. The Seller is not and will not become as a result of the transactions contemplated by the Transaction
Documents, an “investment company,” or a company “controlled” by an “investment company,” within the meaning of the Investment Company Act of 1940, as amended. In addition, the Seller is not a “covered fund”
under Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder. 

  

					
		 	Exhibit III-2	  	Second A&R Receivables Purchase Agreement









 (m) Taxes. The Seller has filed or caused to be filed all U.S. federal income tax returns
and all other material returns, statements, forms and reports for taxes, domestic or foreign, required to be filed by it and has paid all U.S. Federal taxes payable by it which have become due or any assessments in respect of U.S. Federal taxes or
assessments in respect of other material taxes made against it or any of its property and all other material taxes, fees or other charges imposed on it or any of its property by any Governmental Authority, except any taxes, fees, assessments and
other charges that are being contested in good faith by appropriate proceedings and for which the Seller has set aside on its books adequate reserves. 

(n) Compliance with Applicable Laws. The Seller is in compliance with the requirements of all applicable laws, rules, regulations and
orders of all governmental authorities except to the extent that the failure to comply would not be reasonably expected to have a Material Adverse Effect. 

(o) Licenses, Contingent Liabilities, and Labor Controversies. 

(i) The Seller has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of
its properties or to the conduct of its business unless such failure would not reasonably be expected to have a Material Adverse Effect. 

(ii) There are no labor controversies pending against the Seller that have had (or could be reasonably expected to have) a Material Adverse
Effect. 
 (p) Anti-Money Laundering/International Trade Law. 

To the Seller’s knowledge, no Obligor was a Sanctioned Person at the time of origination of any Receivable owing by such Obligor. No
Covered Entity is a Sanctioned Person. To the Seller’s knowledge, no Covered Entity (i) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law;
(ii) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (iii) engages in any dealings or transactions
prohibited by any Anti-Terrorism Law. 
 2. Representations and Warranties of the Servicer. The Servicer represents and warrants to
the Administrator, each Purchaser Agent and each Purchaser as of the date of execution of this Agreement (except to the extent that such representations and warranties expressly refer to an earlier date, in which case they are true and correct as of
such earlier date) that: 
 (a) Existence and Power. The Servicer is a corporation duly organized, validly existing and in good
standing under the laws of its state of organization, and has all company power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted, unless
failure to have such power, licenses, authorizations, consents and approvals would not reasonably be expected to have a Material Adverse Effect. 

  

					
		 	Exhibit III-3	  	Second A&R Receivables Purchase Agreement









 (b) Company and Governmental Authorization, Contravention. The execution, delivery and
performance by the Servicer of this Agreement and each other Transaction Document to which it is a party: (i) are within the Servicer’s organizational powers, (ii) have been duly authorized by all necessary organizational action,
(iii) require no authorization, approval or other action by or in respect of, and no notice to or filing with (other than filings and disclosures made under securities laws), any governmental body, agency or official or other Person, and
(iv) do not (A) contravene, or constitute a default under, any provision of (1) applicable law or regulation or (2) of the Certificate of Incorporation of the Servicer or (3) of any agreement, judgment, writ, injunction,
order, award, or decree or other instrument binding upon the Servicer (unless such contravention or default of any such agreement, judgment, writ, injunction, order, award, decree or other instrument binding upon the Servicer would not reasonably be
expected to have a Material Adverse Effect) or (B) result in the creation or imposition of any lien on assets of the Servicer or any of its Subsidiaries, except for liens created under the Transaction Documents. This Agreement and the other
Transaction Documents to which the Servicer is a party have been duly executed and delivered by the Servicer. 
 (c) Binding Effect of
Agreement. This Agreement and each other Transaction Document to which it is a party constitutes the legal, valid and binding obligation of the Servicer enforceable against the Servicer in accordance with its terms, except as such enforceability
may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity, regardless of whether enforceability is considered in a proceeding in
equity or at law. 
 (d) Accuracy of Information. All information heretofore furnished by the Servicer to the Administrator or any
Purchaser Agent pursuant to or in connection with this Agreement or any other Transaction Document is, and all such information hereafter furnished by the Servicer to the Administrator or any Purchaser Agent in writing pursuant to this Agreement or
any other Transaction Document will be, true and accurate in all material respects on the date such information is stated or certified. 

(e) Actions, Suits. Except as set forth in Schedule IV, there are no actions, suits or proceedings pending or, to the best of
the Servicer’s knowledge, threatened against or affecting the Servicer or any of its Affiliates or their respective properties, in or before any court, arbitrator or other body, which would reasonably be expected to have a Material Adverse
Effect upon the ability of the Servicer (or such Affiliate) to perform its obligations under this Agreement or any other Transaction Document to which it is a party. The Servicer is not in default with respect to any order of any court, arbitrator
or governmental body. 
 (f) No Material Adverse Effect. Since the date of the financial statements described in Section 2(i)
below, there has been no Material Adverse Effect with respect to the Servicer. 
 (g) Credit and Collection Policy. The Servicer or
the applicable Originator has complied in all material respects with the Credit and Collection Policy of each Originator with regard to each Receivable originated by such Originator. 

(h) Investment Company Act. The Servicer is not and will not become as a result of the transactions contemplated by the Transaction
Documents, an “investment company,” or a company “controlled” by an “investment company,” within the meaning of the Investment Company Act of 1940, as amended. 

  

					
		 	Exhibit III-4	  	Second A&R Receivables Purchase Agreement









 (i) Financial Information. (i) The consolidated balance sheet of Presidio and its
consolidated Subsidiaries as of June 30, 2014, and the related statements of income and shareholders’ equity of Presidio and its consolidated Subsidiaries for the fiscal year then ended certified by its independent accountants and
(ii) the consolidated unaudited internally prepared balance sheet of Presidio and its consolidated Subsidiaries as of September 30, 2014, and the related statements of income and shareholders’ equity of Presidio and its consolidated
Subsidiaries for the fiscal period then ended, copies of which have been furnished to the Administrator and each Purchaser Agent, fairly present the consolidated financial position of Presidio and its consolidated Subsidiaries for the periods ended
on such date, all in accordance with GAAP consistently applied except, in the case of the unaudited internally prepared balance sheet and the related statements of income and shareholders’ equity for the absence of footnotes and year-end
adjustments. 
 (j) Taxes. The Servicer has filed or caused to be filed all U.S. federal income tax returns and all other material
returns, statements, forms and reports for taxes, domestic or foreign, required to be filed by it and has paid all U.S. Federal taxes payable by it which have become due or any assessments in respect of U.S. Federal taxes or assessments in respect
of other material taxes made against it or any of its property and all other material taxes, fees or other charges imposed on it or any of its property by any Governmental Authority, except any taxes, fees, assessments and other charges that are
being contested in good faith by appropriate proceedings and for which the Servicer has set aside on its books adequate reserves. 
 (k)
Compliance with Applicable Laws. The Servicer is in compliance with the requirements of all applicable laws, rules, regulations and orders of all governmental authorities except to the extent that the failure to comply would not be reasonably
expected to have a Material Adverse Effect. 
 (l) Licenses, Contingent Liabilities, and Labor Controversies. 

(i) The Servicer has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of
its properties or to the conduct of its business unless such failure would not reasonably be expected to have a Material Adverse Effect. 

(ii) There are no labor controversies pending against the Servicer that have had (or could be reasonably expected to have) a Material Adverse
Effect. 
 (m) Anti-Money Laundering/International Trade Law. 

To the Servicer’s knowledge, no Obligor was a Sanctioned Person at the time of origination of any Receivable owing by such Obligor. No
Covered Entity is a Sanctioned Person. To the Servicer’s knowledge, no Covered Entity (i) has any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law;
(ii) does business in or with, or derives any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; or (iii) engages in any dealings or transactions
prohibited by any Anti-Terrorism Law. 

  

					
		 	Exhibit III-5	  	Second A&R Receivables Purchase Agreement









 3. Representations, Warranties and Agreements Relating to the Security Interest. The
Seller hereby makes the following representations, warranties and agreements with respect to the Receivables and Related Security: 
 (a)
The Receivables. 
 (i) Creation. This Agreement creates a valid and continuing security interest (as defined
in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims, and is enforceable as such as against
creditors of and purchasers from the Seller. 
 (ii) Nature of Receivables. The Receivables included in the
Receivables Pool constitute either “accounts” or “general intangibles” within the meaning of the applicable UCC. 

(iii) Ownership of Receivables. The Seller owns and has good and marketable title to the Receivables included in the
Receivables Pool and Related Security free and clear of any Adverse Claim (other than Permitted Adverse Claims). 
 (iv)
Perfection and Related Security. The Seller has caused (and will cause each Originator to cause), within ten days after the Closing Date, the filing of all appropriate financing statements in the proper filing office in the appropriate
jurisdictions under applicable law in order to perfect the sale of the Receivables and Related Security from such Originator to the Seller pursuant to the Sale Agreement, and the sale and security interest therein from the Seller to the
Administrator under this Agreement, to the extent that such collateral constitutes “accounts” or “general intangibles.” 

(b) The Lock-Box Account. 

(i) Nature of Account. Each Lock-Box Account constitutes a “deposit account” within the meaning of the
applicable UCC. 
 (ii) Ownership. The Seller owns and has good and marketable title to the Lock-Box Accounts free and
clear of any Adverse Claim (other than Permitted Adverse Claims). 
 (iii) Perfection. The Seller has delivered to the
Administrator a fully executed Lock-Box Agreement relating to each Lock-Box Account, pursuant to which each applicable Lock-Box Bank, respectively, has agreed to comply with all instructions originated (A) by the Seller or the Servicer prior to
the occurrence of a Termination Event or a Servicer Default, and (B) after the occurrence and during the continuance of a Termination Event or a Servicer Default, solely by the Administrator (on behalf of the Purchasers) directing the
disposition of funds in such Lock-Box Account without further consent by the Seller or the Servicer following the giving of notice by the Administrator of the Administrator’s election to assume ownership and control of such Lock-Box Account.


  

					
		 	Exhibit III-6	  	Second A&R Receivables Purchase Agreement









 (c) Priority. 

(i) Other than (A) the transfer of the Receivables to the Seller and the Administrator under the Sale Agreement and this
Agreement, respectively and/or (B) the security interest granted to the Seller and the Administrator pursuant to the Sale Agreement and this Agreement, respectively, neither the Seller nor any Originator has pledged, assigned, sold, granted a
security interest in, or otherwise conveyed any of the Receivables transferred or purported to be transferred under the Transaction Documents, the Lock-Box Accounts or any subaccount thereof, except for any such pledge, grant or other conveyance
which has been released or terminated. Neither the Seller nor any Originator has authorized the filing of, or is aware of any financing statements against either the Seller or such Originator that include a description of Receivables transferred or
purported to be transferred under the Transaction Documents, the Lock-Box Accounts or any subaccount thereof, other than any financing statement (i) relating to the sale thereof by such Originator to the Seller under the Sale Agreement,
(ii) relating to the security interest granted to the Administrator under this Agreement or (iii) that has been released or terminated. 

(ii) The Seller is not aware of any judgment, ERISA or tax lien filings (other than Permitted Adverse Claims) against either
the Seller, the Servicer or any Originator. 
 (iii) The Lock-Box Accounts are not in the name of any person other than the
Seller or the Administrator. Neither the Seller nor the Servicer has consented to any bank maintaining such account to comply with instructions of any person other than the Administrator, and prior to a Termination Event or Servicer Default, the
Seller or the Servicer. 
 (d) Survival of Supplemental Representations. Notwithstanding any other provision of this Agreement or any
other Transaction Document, the representations contained in this Section shall be continuing, and remain in full force and effect until such time as the Purchased Interest and all other obligations under this Agreement have been finally and fully
paid and performed. 
 (e) No Waiver. To the extent required pursuant to the securitization program of any Conduit Purchaser, the
Seller: (i) shall not, without obtaining a confirmation of the then-current rating of the Notes, waive any of the representations set forth in this Section; (ii) shall provide the Ratings Agencies with prompt written notice of any breach
of any representations set forth in this Section, and shall not, without obtaining a confirmation of the then-current rating of the Notes (as determined after any adjustment or withdrawal of the ratings following notice of such breach) waive a
breach of any of the representations set forth in this Section. 

  

					
		 	Exhibit III-7	  	Second A&R Receivables Purchase Agreement









 (f) Servicer to Maintain Perfection and Priority. In order to evidence the interests of
the Administrator under this Agreement, the Servicer shall, from time to time take such action, or execute and deliver such instruments as may be necessary (including, without limitation, such actions as are reasonably requested by the Administrator
or any Purchaser Agent) to maintain and perfect, as a first-priority interest, the Administrator’s security interest in the Receivables, Related Security and Collections. The Servicer shall, from time to time and within the time limits
established by law, prepare and present to the Administrator for the Administrator’s authorization and approval, all financing statements, amendments, continuations or initial financing statements in lieu of a continuation statement, or other
filings necessary to continue, maintain and perfect the Administrator’s security interest as a first-priority interest. The Administrator’s approval of such filings shall authorize the Servicer to file such financing statements under the
UCC without the signature of the Seller, any Originator or the Administrator where allowed by applicable law. Notwithstanding anything else in the Transaction Documents to the contrary, the Servicer shall not have any authority to file a
termination, partial termination, release, partial release, or any amendment that deletes the name of a debtor or excludes collateral of any such financing statements, without the prior written consent of the Administrator and each Purchaser Agent.

 4. Reaffirmation of Representations and Warranties. 

(a) On the date of each Purchase, the Seller and the Servicer, by accepting the proceeds of such Purchase, shall each be deemed to have
certified that (i) all representations and warranties of the Seller and the Servicer, as applicable, described in this Exhibit III (other than, for the avoidance of doubt, Sections 3(d)-(f) and this Section 4), as
from time to time amended in accordance with the terms hereof, are true and correct on and as of such day as though made on and as of such day in all material respects (unless such representation or warranty contains a material qualification, and,
in such case, such representation or warranty shall be true and correct as made on and as of such day), except for representations and warranties which apply as to an earlier date (in which case such representations and warranties shall be true and
correct as of such date in all material respects (unless such representation or warranty contains a material qualification and, in such case, such representation or warranty shall be true and correct as made as of such earlier date)), and
(ii) no event has occurred or is continuing, or would result from any such Purchase, which constitutes a Termination Event or an Unmatured Termination Event. 

(b) On the date of each reinvestment hereunder and on the date each Information Package, Weekly Report or other report is delivered to the
Administrator, any Purchaser Agent or any Purchaser hereunder, the Seller and the Servicer, by accepting the proceeds of such reinvestment and/or by the provision of such information or report, shall each be deemed to have certified that
(i) all representations and warranties of the Seller and the Servicer, as applicable, described in this Exhibit III, other than those described in Sections 1(a), 1(e), 1(g), 1(i), 1(l), 1(n),
1(o), 2(a), 2(e), 2(f), 2(h), 2(i), 2(k), 2(l), 3(d), 3(e), 3(f) and this Section 4, as from time to time amended in accordance with the terms hereof, are true
and correct on and as of such day as though made on and as of such day in all material respects (unless such representation or warranty contains a material qualification, and, in such case, such representation or warranty shall be true and correct
as made on and as of such day), except for representations and warranties which apply as to an earlier date (in which case such representations and warranties shall be true and correct as of such date in all material respects (unless such
representation or warranty contains a material qualification and, in such case, such representation or warranty shall be true and correct as made as of such earlier date)), and (ii) no event has occurred or is continuing, or would result from
any such reinvestment, which constitutes a Termination Event or an Unmatured Termination Event. 

  

					
		 	Exhibit III-8	  	Second A&R Receivables Purchase Agreement









 EXHIBIT IV 

COVENANTS 
 1. Covenants
of the Seller. At all times from the date hereof until the latest of the Facility Termination Date, the date on which no Capital of or Discount in respect of the Purchased Interest shall be outstanding, or the date all other amounts owed by the
Seller under this Agreement to any Purchaser, Purchaser Agent, the Administrator and any other Indemnified Party or Affected Person shall be paid in full: 

(a) Financial Reporting. The Seller will maintain a system of accounting established and administered in accordance with generally
accepted accounting principles as in effect in the appropriate jurisdiction, and the Seller (or the Servicer on its behalf) shall furnish to the Administrator and each Purchaser Agent: 

(i) Annual Reporting. Promptly upon completion and in no event later than 120 days after the close of each fiscal year
of the Seller, annual unaudited financial statements of the Seller certified by a designated financial or other officer of the Seller. 

(ii) Information Packages. As soon as available and in any event not later than two Business Days prior to the
Settlement Date, an Information Package as of the most recently completed calendar month. 
 (iii) Other Information.
Such other information (including non-financial information) as the Administrator may from time to time reasonably request. 

(iv) Weekly Reports. As soon as available and in any event not later than the third Business Day of each calendar week,
a Weekly Report as of the most recently completed calendar week, but only so long as long as a Weekly Reporting Event shall have occurred and is continuing as of such date. 

(b) Notices. The Seller will notify the Administrator and each Purchaser Agent in writing of any of the following events promptly upon
(but in no event later than five Business Days after) a financial or other officer learning of the occurrence thereof, with such notice describing the same, and if applicable, the steps being taken by the Person(s) affected with respect thereto:

 (i) Notice of Termination Events, Unmatured Termination Events, Servicer Default or Unmatured Servicer Default. The
occurrence of any Termination Event, Unmatured Termination Event, Servicer Default or Unmatured Servicer Default, together with a statement of the chief financial officer or chief accounting officer of the Seller setting forth details of such
Termination Event, such Unmatured Termination Event, Servicer Default or Unmatured Servicer Default and any action which the Seller proposes to take with respect thereto. 

(ii) Representations and Warranties. The failure of any representation or warranty to be true (when made or at any time
thereafter) with respect to the Receivables included in the Receivables Pool made in Exhibit III, Section 3(a) of this Agreement. 

  

					
		 	Exhibit IV-1	  	Second A&R Receivables Purchase Agreement









 (iii) Litigation. The institution of any litigation, arbitration
proceeding or governmental proceeding which would reasonably be expected to have a Material Adverse Effect with respect to the Seller. 

(iv) Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Pool Receivables or Collections with
respect thereto, (B) any Person other than the Seller, the Servicer or the Administrator shall obtain any rights or direct any action with respect to any Lock-Box Account (or related lock-box or post office box) or (C) any Obligor shall
receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrator. 

(v) ERISA and Other Claims. Promptly after the filing or receiving thereof, copies of all reports and notices that the
Seller or any ERISA Affiliate files under ERISA with the Internal Revenue Service, the Pension Benefit Guaranty Corporation or the U.S. Department of Labor or that the Seller or any Affiliate receives from any of the foregoing or from any
Multiemployer Plan to which the Seller or any of its Affiliates is or was, within the preceding five years, a contributing employer, in each case in respect of any Reportable Event (as defined in ERISA) that could, in the aggregate, result in the
imposition of liability on the Seller and/or any such Affiliate. 
 (c) Conduct of Business. The Seller will carry on and conduct its
business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted and will do all things necessary to remain duly organized, validly existing and in good standing as a domestic organization in
its jurisdiction of organization and maintain all requisite authority to conduct its business in each jurisdiction in which its business is conducted. 

(d) Compliance with Laws. The Seller will comply with all laws, rules, regulations, orders, writs, judgments, injunctions, decrees or
awards to which it may be subject. 
 (e) Furnishing of Information and Inspection of Receivables. The Seller will furnish to the
Administrator and each Purchaser Agent from time to time such information with respect to the Pool Receivables as the Administrator or such Purchaser Agent may reasonably request except to the extent prohibited by applicable law or licenses. The
Seller will, at the Seller’s expense, at any time and from time to time during regular business hours with reasonable prior written notice (i) permit the Administrator or any Purchaser Agent, or their respective agents or representatives,
(A) to examine and make copies of and abstracts from all books and records relating to the Pool Receivables or other Pool Assets and (B) to visit the offices and properties of the Seller for the purpose of examining such books and records,
and to discuss matters relating to the Pool Receivables, other Pool Assets or the Seller’s performance hereunder or under the other Transaction Documents to which it is a party with any of the officers, directors, employees or independent
public accountants of the Seller (provided that representatives of the Seller are present during such discussions) having knowledge of such matters and (ii) without limiting the provisions of clause (i) above, from time to time during
regular business hours, upon reasonable prior written notice from the Administrator and the Purchaser Agents, permit certified public accountants or other auditors acceptable to the Administrator to conduct a review of its books and records with
respect to the Pool Receivables; provided, however, that the Seller shall not be obligated to permit such examinations, visits or reviews under clauses (i) and (ii) above, more


  

					
		 	Exhibit IV-2	  	Second A&R Receivables Purchase Agreement









 
than two times per year (commencing upon and including the Closing Date) during such time that no Termination Event has occurred and is continuing and the Seller shall not be obligated to pay or
reimburse any Person for the expenses of more than one such examination or visit pursuant to clause (ii) above per year (commencing upon and including the Closing Date) during such time that no Termination Event has occurred and is continuing.

 (f) Payments on Receivables, Accounts. The Seller will, and will cause each Originator to, at all times instruct all Obligors to
deliver payments on the Pool Receivables to a Lock-Box Account. If any such payments or other Collections are received by the Seller or an Originator, it shall hold such payments in trust for the benefit of the Administrator and the Purchasers and
promptly (but in any event within two Business Days after receipt) remit such funds into a Lock-Box Account. The Seller will cause each Lock-Box Bank to comply with the terms of each applicable Lock-Box Agreement. The Seller will not permit the
funds other than Collections on Pool Receivables and other Pool Assets to be deposited into any Lock-Box Account. If such funds are nevertheless deposited into any Lock-Box Account, the Seller will promptly identify such funds for segregation. The
Seller will not, and will not permit the Servicer, any Originator or other Person to, commingle Collections or other funds to which the Administrator, any Purchaser Agent or any Purchaser is entitled with any other funds. The Seller shall only add,
and shall only permit an Originator to add, a Lock-Box Bank (or the related lock-box or post office box), or Lock-Box Account to those listed on Schedule II to this Agreement, if the Administrator has received notice of such addition, a copy
of any new Lock-Box Agreement and an executed and acknowledged copy of a Lock-Box Agreement in form and substance acceptable to the Administrator from any such new Lock-Box Bank. The Seller shall only terminate a Lock-Box Bank or close a Lock-Box
Account (or the related lock-box or post office box), upon 30 days’ advance notice to the Administrator. 
 (g) Sales, Liens,
etc. Except as otherwise provided herein, the Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or create or suffer to exist any Adverse Claim upon (including, without limitation, the filing of any
financing statement) or with respect to, any Pool Receivable or other Pool Asset (other than Permitted Adverse Claims), or assign any right to receive income in respect thereof. 

(h) Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) of this Agreement, the
Seller will not extend, amend or otherwise modify the terms of any Pool Receivable, or amend, modify or waive any term or condition of any Contract related thereto, without the prior written consent of the Administrator and the Majority Purchaser
Agents. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in
all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract. 
 (i) Change in
Business. The Seller will not (i) make any change in the character of its business, which change would impair the collectibility of any Pool Receivable or (ii) make any change in any Credit and Collection Policy that would reasonably
be expected to materially adversely affect the collectibility of the Pool Receivables, the enforceability of any related Contract or its ability to perform its obligations under the related Contract or the Transaction Documents, in the case of
either (i) or (ii) above, without the prior written consent of the Administrator and each Purchaser Agent. The Seller shall not make any change in any Credit and Collection Policy without giving prior written notice thereof to the
Administrator and each Purchaser Agent. 

  

					
		 	Exhibit IV-3	  	Second A&R Receivables Purchase Agreement









 (j) Fundamental Changes. The Seller shall not, without the prior written consent of the
Administrator and the Majority Purchaser Agents, permit itself (i) to merge or consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of
its assets (whether now owned or hereafter acquired) to, any Person or (ii) to be owned by any Person other than Presidio and thereby cause Presidio’s percentage of ownership or control of the Seller to be reduced. The Seller shall provide
the Administrator and each Purchaser Agent with at least 30 days’ prior written notice before making any change in the Seller’s name, location or making any other change in the Seller’s identity or limited liability company structure
that would impair or otherwise render any UCC financing statement filed in connection with this Agreement “seriously misleading” as such term (or similar term) is used in the applicable UCC; each notice to the Administrator and the
Purchaser Agents pursuant to this sentence shall set forth the applicable change and the proposed effective date thereof. The Seller will also maintain and implement (or cause the Servicer to maintain and implement) administrative and operating
procedures (including an ability to recreate records evidencing Pool Receivables and related Contracts in the event of the destruction of the originals thereof), and keep and maintain (or cause the Servicer to keep and maintain) all documents,
books, records, computer tapes and disks and other information reasonably necessary or advisable for the collection of all Pool Receivables (including records adequate to permit the daily identification of each Pool Receivable and all Collections of
and adjustments to each existing Pool Receivable). 
 (k) Change in Payment Instructions to Obligors. The Seller shall not (and shall
cause the Originators not to) add to, replace or terminate any of the Lock-Box Accounts (or any related lock-box or post office box) listed in Schedule II hereto or make any change in its (or their) instructions to the Obligors regarding
payments to be made to the Lock-Box Accounts (or any related lock-box or post office box), unless the Administrator and each Purchaser Agent shall have received (x) prior written notice of such addition, termination or change and
(y) signed and acknowledged Lock-Box Agreements with respect to such new Lock-Box Accounts (or any related lock-box or post office box). 

(l) Ownership Interest, Etc. The Seller shall (and shall cause the Servicer to), at its expense, take all action necessary or desirable
to establish and maintain in favor of the Administrator (on behalf of the Purchasers) a valid and enforceable undivided percentage ownership or security interest, to the extent of the Purchased Interest, in the Pool Receivables, the Related Security
and Collections with respect thereto, and a first priority perfected security interest in the Pool Assets, in each case free and clear of any Adverse Claim (other than Permitted Adverse Claims), including taking such action to perfect, protect or
more fully evidence the interest of the Administrator (on behalf of the Purchasers) as the Administrator or any Purchaser Agent, may reasonably request. 

(m) Certain Agreements. Without the prior written consent of the Administrator and the Majority Purchaser Agents, the Seller will not
amend, modify, waive, revoke or terminate any Transaction Document to which it is a party or any provision of the Seller’s organizational documents which requires the consent of the “Independent Member” (as defined in the
Seller’s operating agreement). 

  

					
		 	Exhibit IV-4	  	Second A&R Receivables Purchase Agreement









 (n) Restricted Payments. (i) Except pursuant to clause (ii) below, the
Seller will not: (A) purchase or redeem any shares of its capital stock or membership interests, (B) declare or pay any dividend or distribution or set aside any funds for any such purpose, (C) prepay, purchase or redeem any Debt,
(D) lend or advance any funds or (E) repay any loans or advances to, for or from any of its Affiliates (the amounts described in clauses (A) through (E) being referred to as “Restricted Payments”).

 (ii) Subject to the limitations set forth in clause (iii) below, the Seller may make Restricted Payments so
long as such Restricted Payments are made only in one or more of the following ways: (A) the Seller may make cash payments (including prepayments) on the Company Notes in accordance with their respective terms, and (B) if no amounts are
then outstanding under any Company Note, the Seller may declare and pay dividends or distributions. 
 (iii) The Seller may
make Restricted Payments only out of the funds, if any, it receives pursuant to Sections 1.4(b)(ii) and (iv) and 1.4(c) and 1.4(d) of this Agreement. Furthermore, the Seller shall not pay, make or declare:
(A) any dividend if, after giving effect thereto, the Tangible Net Worth of the Seller would be less than $25,000,000, or (B) any Restricted Payment (including any dividend) if, after giving effect thereto, any Termination Event or
Unmatured Termination Event shall have occurred and be continuing. 
 (o) Other Business. The Seller will not: (i) engage in any
business other than the transactions contemplated by the Transaction Documents, (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers’ acceptances)
other than pursuant to this Agreement or the Company Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent
necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.). 
 (p)
Use of Seller’s Share of Collections. The Seller shall apply the Seller’s Share of Collections to make payments in the following order of priority: (i) the payment of its expenses (including all obligations payable to the
Purchasers, the Purchaser Agents and the Administrator under this Agreement and under the Purchaser Group Fee Letters), (ii) the payment of accrued and unpaid interest on the Company Note and (iii) other legal and valid limited liability
company purposes, including Restricted Payments permitted by clause (n) above. 
 (q) Tangible Net Worth. The Seller will not
permit its Tangible Net Worth, at any time, to be less than $25,000,000. 
 (r) Anti-Money Laundering/International Trade Law
Compliance. The Seller will not use the proceeds of any purchase to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law. The
funds used to repay Seller’s obligations under this Agreement 

  

					
		 	Exhibit IV-5	  	Second A&R Receivables Purchase Agreement









 
and each of the other Transaction Documents will not be derived from any activity in material violation of any Anti-Terrorism Law. The Seller shall use reasonable best efforts to comply with all
Anti-Terrorism Laws. Seller shall promptly notify the Administrator in writing upon the occurrence of a Reportable Compliance Event. 
 2.
Covenants of the Servicer. At all times from the date hereof until the latest of the Facility Termination Date, the date on which no Capital of or Discount in respect of the Purchased Interest shall be outstanding, or the date all other
amounts owed by the Seller or the Servicer under this Agreement to any Purchaser, Purchaser Agent, the Administrator and any other Indemnified Party or Affected Person shall be paid in full: 

(a) Financial Reporting. The Servicer will maintain a system of accounting established and administered in accordance with generally
accepted accounting principles as in effect in the appropriate jurisdiction, and the Servicer shall furnish to the Administrator and each Purchaser Agent: 

(i) Annual Reporting. As soon as available, but in any event not later than 120 days after the end of each fiscal year
of Presidio Holdings Inc., (A) its audited consolidated balance sheet and related consolidated statements of income, stockholders’ equity and cash flows as of the end of and for such fiscal year, setting forth in each case in comparative
form the figures for the prior fiscal year, all audited by and accompanied by the opinion of McGladrey & Pullen, LLP or another independent registered public accounting firm of recognized national standing (without a “going
concern” or like qualification or exception and without any qualification or exception as to the scope of such audit) to the effect that such consolidated financial statements present fairly, in all material respects, the financial position,
results of operations and cash flows of Presidio Holdings Inc. and its consolidated Subsidiaries on a consolidated basis as of the end of and for such year in accordance with GAAP, and (B) management’s discussion and analysis of
significant operational and financial developments during such fiscal year, and an explanation of material variances from (or, in the case of the balance sheet, as of the end of) the prior year and the budget delivered pursuant to
Section 5.04(e) of the Credit Agreement (to the extent any such budget is required to be delivered pursuant to the Credit Agreement). 

(ii) Interim Reporting. As soon as available, but in any event not later than 75 days after the end of the fiscal
quarter ending on December 31, 2014, 60 days after the end of the fiscal quarter ending on March 30, 2015, and 45 days after the end of each of the first three fiscal quarters of each fiscal year (commencing with the fiscal quarter ending
September 30, 2015) of Presidio Holdings Inc., (A) its consolidated balance sheet and related consolidated statements of income, stockholders’ equity and cash flows as of the end of and for such fiscal quarter and the then elapsed
portion of the fiscal year, setting forth in each case in comparative form the figures for the corresponding period or periods of (or, in the case of the balance sheet, as of the end of) the prior fiscal year, and (B) management’s
discussion and analysis of significant operational and financial developments during such quarterly period, all of which shall be certified by a Financial Officer of Presidio Holdings Inc. as presenting fairly, in all material respects, the
financial position, results of operations and cash flows of Presidio Holdings Inc. and its consolidated Subsidiaries on a consolidated basis as of the end of and for such fiscal quarter and such portion of the fiscal year in accordance with GAAP,
subject to normal year-end audit adjustments and the absence of certain footnotes. 

  

					
		 	Exhibit IV-6	  	Second A&R Receivables Purchase Agreement









 (iii) Compliance Certificates. Together with the annual report required
above, a compliance certificate in form and substance reasonably acceptable to the Administrator and each Purchaser Agent signed by its chief accounting officer, chief financial officer or treasurer solely in their capacities as officers of the
Servicer stating that no Termination Event, Unmatured Termination Event, Servicer Default or Unmatured Servicer Default exists as of the date such annual report is delivered, or if any Termination Event, Unmatured Termination Event, Servicer Default
or Unmatured Servicer Default then exists, stating the nature and status thereof. 
 (iv) Information Packages. As
soon as available and in any event not later than two Business Days prior to the Settlement Date, an Information Package as of the most recently completed calendar month. 

(v) [reserved] 

(vi) Other Information. Such other information (including non-financial information) as the Administrator or any
Purchaser Agent may from time to time reasonably request. 
 (vii) Weekly Reports. As soon as available and in any
event not later than the third Business Day of each calendar week, a Weekly Report as of the most recently completed calendar week, but only so long as long as a Weekly Reporting Event shall have occurred and is continuing as of such date. 

(b) Notices. The Servicer will notify the Administrator and each Purchaser Agent in writing of any of the following events promptly
upon (but in no event later than five Business Days after) a financial or other officer learning of the occurrence thereof, with such notice describing the same, and if applicable, the steps being taken by the Person(s) affected with respect
thereto: 
 (i) Notice of Termination Events, Unmatured Termination Events, Servicer Default or Unmatured Servicer
Default. The occurrence of any Termination Event, Unmatured Termination Event, Servicer Default or Unmatured Servicer Default together with a statement of the chief financial officer or chief accounting officer of the Servicer setting forth
details of such Termination Event, such Unmatured Termination Event, Servicer Default or Unmatured Servicer Default and any action which the Servicer proposes to take with respect thereto. 

(ii) Representations and Warranties. The failure of any representation or warranty to be true (when made or at any time
thereafter) with respect to the Pool Receivables made in Exhibit III, Section 3(a) of this Agreement. 

  

					
		 	Exhibit IV-7	  	Second A&R Receivables Purchase Agreement









 (iii) Litigation. The institution of any litigation, arbitration
proceeding or governmental proceeding which would reasonably be expected to have a Material Adverse Effect with respect to the Servicer. 

(iv) Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Pool Receivables or Collections with
respect thereto, (B) any Person other than the Seller, the Servicer or the Administrator shall obtain any rights or direct any action with respect to any Lock-Box Account (or related lock-box or post office box) or (C) any Obligor shall
receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrator. 

(c) Conduct of Business. The Servicer will (i) carry on and conduct its business in substantially the same manner and in
substantially the same fields of enterprise as it is presently conducted, (ii) will do all things necessary to remain duly incorporated, validly existing and in good standing as a domestic corporation in its jurisdiction of incorporation and
(iii) maintain all requisite authority to conduct its business in each jurisdiction in which its business is conducted, in each such case, if the failure to do so would reasonably be expected to have a Material Adverse Effect, provided
that, notwithstanding anything in this Section 2(c), the Servicer may convert from a corporation to a limited liability company organized under the laws of the same jurisdiction or of Delaware, Georgia or Florida, and provided
further, if Presidio, Inc. is a party to a merger, consolidation or other restructuring with any Originator and such Originator is the surviving entity, then such Originator shall execute and provide such documents as reasonable requested by the
Administrator on or prior to such merger, consolidation or other restructuring to evidence its agreement to assume all obligations of Presidio, Inc. as the Servicer under this Agreement and other Transaction Documents. 

(d) Compliance with Laws. The Servicer will comply with all laws, rules, regulations, orders, writs, judgments, injunctions, decrees or
awards to which it may be subject if the failure to comply could reasonably be expected to have a Material Adverse Effect. 
 (e)
Furnishing of Information and Inspection of Receivables. The Servicer will furnish to the Administrator and each Purchaser Agent from time to time such information with respect to the Pool Receivables as the Administrator or such Purchaser
Agent may reasonably request, except to the extent prohibited by applicable law or license. The Servicer will, at the Servicer’s expense, at any time and from time to time during regular business hours with reasonable prior written notice
(i) permit the Administrator or any Purchaser Agent, or their respective agents or representatives, (A) to examine and make copies of and abstracts from all books and records relating to the Pool Receivables or other Pool Assets and
(B) to visit the offices and properties of the Servicer for the purpose of examining such books and records, and to discuss matters relating to the Pool Receivables, other Pool Assets or the Servicer’s performance hereunder or under the
other Transaction Documents to which it is a party with any of the officers, directors, employees or independent public accountants of the Servicer (provided that representatives of the Servicer are present during such discussions) having knowledge
of such matters and (ii) without limiting the provisions of clause (i) above, during regular business hours, upon reasonable prior written notice from the Administrator, permit certified public accountants or other auditors acceptable to
the Administrator and the Purchaser Agents to conduct, a review of its books and records with respect to the Pool Receivables; provided, 

  

					
		 	Exhibit IV-8	  	Second A&R Receivables Purchase Agreement









 
however, that the Servicer shall not be obligated to permit such examinations, visits or reviews under clauses (i) and (ii) above, more than two times per year (commencing upon
and including the Closing Date) during such time that no Termination Event has occurred and is continuing and the Servicer shall not be obligated to pay or reimburse any Person for the expenses of more than one such examination or visit pursuant to
clause (ii) above per year (commencing upon and including the Closing Date) during such time that no Termination Event has occurred and is continuing. 

(f) Payments on Receivables, Accounts. The Servicer will at all times instruct all Obligors to deliver payments on the Pool Receivables
to a Lock-Box Account. If any such payments or other Collections are received by the Servicer, it shall hold such payments in trust for the benefit of the Administrator and the Purchasers and promptly (but in any event within two Business Days after
receipt) remit such funds into a Lock-Box Account. The Servicer will use its best efforts to cause each Lock-Box Bank to comply with the terms of each applicable Lock-Box Agreement. The Servicer will not permit the funds other than Collections on
Pool Receivables and other Pool Assets to be deposited into any Lock-Box Account. If such funds are nevertheless deposited into any Lock-Box Account, the Servicer will promptly identify such funds for segregation. The Servicer will not commingle
Collections or other funds to which the Administrator, any Purchaser Agent or any Purchaser is entitled with any other funds. The Servicer shall only add, a Lock-Box Bank (or the related lock-box or post office box), or Lock-Box Account to those
listed on Schedule II to this Agreement, if the Administrator has received notice of such addition, a copy of any new Lock-Box Agreement and an executed and acknowledged copy of a Lock-Box Agreement in form and substance acceptable to the
Administrator from any such new Lock-Box Bank. The Servicer shall only terminate a Lock-Box Bank or close a Lock-Box Account (or the related lock-box or post office box), upon 30 days’ advance notice to the Administrator. 

(g) Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2 of this Agreement, the
Servicer will not extend, amend or otherwise modify the terms of any Pool Receivable, or amend, modify or waive any term or condition of any Contract related thereto, without the prior written consent of the Administrator and the Majority Purchaser
Agents. The Servicer shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply
in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contract. 
 (h)
Change in Business. The Servicer will not (i) make any change in the character of its business, which change would impair the collectibility of any Pool Receivable or (ii) make any change in any Credit and Collection Policy that
would reasonably be expected to adversely affect the collectibility of the Pool Receivables, the enforceability of any related Contract or its ability to perform its obligations under the related Contract or the Transaction Documents, in the case of
either (i) or (ii) above, without the prior written consent of the Administrator and each Purchaser Agent. The Servicer shall not make any change in any Credit and Collection Policy without giving prior written notice thereof to the
Administrator and each Purchaser Agent. 

  

					
		 	Exhibit IV-9	  	Second A&R Receivables Purchase Agreement









 (i) Records. The Servicer will maintain and implement administrative and operating
procedures (including an ability to recreate records evidencing Pool Receivables and related Contracts in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records, computer tapes and disks and other
information reasonably necessary or advisable for the collection of all Pool Receivables (including records adequate to permit the daily identification of each Pool Receivable and all Collections of and adjustments to each existing Pool Receivable).

 (j) Change in Payment Instructions to Obligors. The Servicer shall not add to, replace or terminate any of the Lock-Box Accounts
(or any related lock-box or post office box) listed in Schedule II hereto or make any change in its instructions to the Obligors regarding payments to be made to the Lock-Box Accounts (or any related lock-box or post office box), unless the
Administrator and each Purchaser Agent shall have received (x) prior written notice of such addition, termination or change and (y) signed and acknowledged Lock-Box Agreements with respect to such new Lock-Box Accounts (or any related
lock-box or post office box). 
 (k) Ownership Interest, Etc. The Servicer shall, at its expense, take all action necessary or
desirable to establish and maintain in favor of the Administrator (on behalf of the Purchasers) a valid and enforceable undivided percentage ownership or security interest, to the extent of the Purchased Interest, in the Pool Receivables, the
Related Security and Collections with respect thereto, and a first priority perfected security interest in the Pool Assets, in each case free and clear of any Adverse Claim (other than Permitted Adverse Claims), including taking such action to
perfect, protect or more fully evidence the interest of the Administrator (on behalf of the Purchasers) as the Administrator or any Purchaser Agent, may reasonably request. 

(k) Anti-Money Laundering/International Trade Law Compliance. Neither the Servicer nor any of its Subsidiaries will use the proceeds of
any purchase to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law. The funds used to repay Servicer’s obligations under
this Agreement and each of the other Transaction Documents will not be derived from any activity in material violation of any Anti-Terrorism Law. The Servicer shall, and shall cause its Subsidiaries to, use reasonable best efforts to comply with all
Anti-Terrorism Laws. Servicer shall promptly notify the Administrator in writing upon the occurrence of a Reportable Compliance Event. 
 3.
Separate Existence. Each of the Seller and the Servicer hereby acknowledges that the Purchasers and the Administrator are entering into the transactions contemplated by this Agreement and the other Transaction Documents in reliance upon the
Seller’s identity as a legal entity separate from Presidio, the Originators and their respective Affiliates. Therefore, from and after the date hereof, each of the Seller and the Servicer shall take all steps specifically required by this
Agreement or reasonably required by the Administrator or any Purchaser Agent to continue the Seller’s identity as a separate legal entity and to make it apparent to third Persons that the Seller is an entity with assets and liabilities distinct
from those of Presidio, any Originator and any other Person, and is not a division of Presidio, any Originator or any other Person. Without limiting the generality of the foregoing and in addition to and consistent with the other covenants set forth
herein, each of the Seller and the Servicer shall take such actions as shall be required in order that: 
 (a) The Seller will be a limited
liability company whose primary activities are restricted in its operating agreement to: (i) purchasing or otherwise acquiring from the Originators, owning, holding, granting security interests or selling interests in Pool Assets,
(ii) entering into agreements for the selling and servicing of the Receivables Pool, and (iii) conducting such other activities as it deems necessary or appropriate to carry out its primary activities; 

  

					
		 	Exhibit IV-10	  	Second A&R Receivables Purchase Agreement









 (b) The Seller shall not engage in any business or activity, or incur any indebtedness or
liability (including, without limitation, any assumption or guaranty of any obligation of Presidio, any Originator or any Affiliate thereof), other than as expressly permitted by the Transaction Documents; 

(c) (i) The Seller shall have at least one independent manager (the “Independent Manager”) and such Independent Manager
shall be a natural person (A) who is not at the time of initial appointment and has not been at any time during the five (5) years preceding such appointment: (1) an equityholder (whether direct, indirect or beneficial), director
(other than the Independent Manager), officer, employee, member, manager, attorney, consultant or partner of Presidio, Seller or any of their Affiliates; (2) a customer of, supplier to, advisor to or other person who derives more than 1% of its
purchases or revenues from its activities with Presidio, Seller or any of their Affiliates; (3) a person or other entity controlling, controlled by or under common control with any such equity holder, director, officer, employee, member,
manager, attorney, partner, customer, supplier, advisor or other person; (4) a Person related to any such equity holder, director, officer, employee, member, manager, attorney, partner, customer, supplier, advisor or other person; or (5) a
trustee, conservator or receiver for any member of Presidio, Seller or any of their Affiliates, (B) reasonably acceptable to the Administrator as evidenced in a writing executed by the Administrator (it being understood and agreed that any
equity owner, manager, or employee of Global Securitization Services, LLC, Lord Securities Corporation or National Registered Agents, Inc. is hereby consented to by the Administrator), (C) who has (1) prior experience as an independent
director for a corporation or an independent manager of a limited liability company whose charter documents required the unanimous consent of all independent directors or independent managers thereof before such corporation or limited liability
company could consent to the institution of bankruptcy or insolvency proceedings against it or could file a petition seeking relief under any applicable federal or state law relating to bankruptcy and (2) at least three years of employment
experience with one or more entities that provide, in the ordinary course of their respective businesses, advisory, management or placement services to issuers of securitization or structured finance instruments, agreements or securities. Under this
clause (c), the term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of management, policies or activities of a Person, whether through ownership of voting securities, by
contract or otherwise. (ii) The operating agreement of the Seller shall provide that: (A) the Member shall not approve, or take any other action to cause the filing of, a voluntary bankruptcy petition with respect to the Seller unless all
the Independent Managers shall approve the taking of such action in writing before the taking of such action, (B) the Seller’s Member shall not vote on any matter requiring the vote of its Independent Managers under its operating agreement
unless and until at least one Independent Manager is then serving as an Independent Manager of the Seller and (C) such provisions cannot be amended without the prior written consent of the Independent Manager; 

  

					
		 	Exhibit IV-11	  	Second A&R Receivables Purchase Agreement









 (d) The Independent Manager shall not at any time serve as a trustee in bankruptcy for the
Seller, Presidio, any Originator or any of their respective Affiliates; 
 (e) The Seller shall conduct its affairs strictly in accordance
with its organizational documents and observe all necessary, appropriate and customary company formalities, including, but not limited to, maintaining accurate and separate books, records and accounts, including, but not limited to, payroll and
intercompany transaction accounts; 
 (f) Any employee, consultant or agent of the Seller will be compensated from the Seller’s funds
for services provided to the Seller, and to the extent that Seller shares the same officers or other employees as Presidio or any Originator (or any other Affiliate thereof), the salaries and expenses relating to providing benefits to such officers
and other employees shall be fairly allocated among such entities, and each such entity shall bear its fair share of the salary and benefit costs associated with such common officers and employees. The Seller will not engage any agents other than
its attorneys, auditors and other professionals, and a servicer and any other agent contemplated by the Transaction Documents for the Receivables Pool, which servicer will be fully compensated for its services by payment of the Servicing Fee, and a
manager, which manager will be fully compensated from the Seller’s funds; 
 (g) The Seller will contract with the Servicer to perform
for the Seller all operations required on a daily basis to service the Receivables Pool. The Seller will pay the Servicer the Servicing Fee pursuant hereto. Except as otherwise permitted by this Agreement, the Seller will not incur any material
indirect or overhead expenses for items shared with Presidio or any Originator (or any other Affiliate thereof) that are not reflected in the Servicing Fee. To the extent, if any, that the Seller (or any Affiliate thereof) shares items of expenses
not reflected in the Servicing Fee or the manager’s fee, such as legal, auditing and other professional services, such expenses will be allocated to the extent practical on the basis of actual use or the value of services rendered, and
otherwise on a basis reasonably related to the actual use or the value of services rendered; it being understood that Presidio, in its capacity as Servicer shall pay all expenses relating to the preparation, negotiation, execution and delivery of
the Transaction Documents, including legal, agency and other fees; 
 (h) The Seller’s debts, liabilities and operating expenses will
not be paid by Presidio or any Originator or any Affiliate thereof; 
 (i) The Seller will maintain and use its own separate stationery,
invoices and checks bearing its name; 
 (j) The Seller’s books and records will be maintained separately from those of Presidio, each
Originator and any other Affiliate thereof or any other Person and in a manner such that it will not be difficult or costly to segregate, ascertain or otherwise identify the assets and liabilities of Seller; 

(k) The Seller shall maintain separate financial statements from any other Person, provided, however, that the Seller’s
assets and liabilities may be included in a consolidated financial statement of Presidio or any Originator or any Affiliate thereof to the extent required or permitted by GAAP so long as (1) such consolidated financial statement discloses that
(i) the 

  

					
		 	Exhibit IV-12	  	Second A&R Receivables Purchase Agreement









 
Seller’s sole business consists of the purchase of the Receivables and Related Rights from the Originators and the subsequent retransfer of or granting of a security interest in such
Receivables and Related Rights to certain Purchasers party to this Agreement, (ii) the Seller is a separate legal entity with its own separate creditors who will be entitled, upon its liquidation, to be satisfied out of the Seller’s assets
prior to any assets or value in the Seller becoming available to the Seller’s equity holders and (iii) the assets of the Seller are not available to pay creditors of Presidio or the Originators or any other Affiliates of Presidio or the
Originators; and (2) such assets and liabilities shall also be listed on the Seller’s balance sheet; 
 (l) The Seller’s
assets will be held in the Seller’s own name, separate and distinct from those of Presidio, the Originators or any Affiliates thereof or any other Person, except as permitted by this Agreement in connection with servicing the Pool Receivables;

 (m) The Seller will strictly observe limited liability company formalities in its dealings with Presidio, the Originators or any
Affiliates thereof, and funds or other assets of the Seller will not be commingled with those of Presidio, the Originators or any Affiliates thereof or any other Person (and the Seller shall not permit any such commingling) except as permitted by
this Agreement in connection with servicing the Pool Receivables. The Seller shall not maintain any joint bank account or other depository or investment account to which Presidio or any Affiliate thereof (other than Presidio in its capacity as the
Servicer) has independent access. The Seller is not named, and has not entered into any agreement to be named, directly or indirectly, as a direct or contingent beneficiary or loss payee on any insurance policy with respect to any loss relating to
the property of Presidio, the Originators or any Subsidiaries or other Affiliates thereof. The Seller will pay to the appropriate Affiliate the marginal increase or, in the absence of such increase, the market amount of its portion of the premium
payable with respect to any insurance policy that covers the Seller and such Affiliate; 
 (n) The Seller will maintain arm’s-length
relationships with Presidio, the Originators (and any Affiliates thereof). Any Person that renders or otherwise furnishes services to the Seller will be compensated by the Seller at market rates for such services it renders or otherwise furnishes to
the Seller. Neither the Seller on the one hand, nor Presidio or any Originator or any Affiliates thereof, on the other hand, will be or will hold itself out to be responsible for the debts of the other or the decisions or actions respecting the
daily business and affairs of the other. The Seller, Presidio and the Originators (and any Affiliates thereof) will immediately correct any known misrepresentation with respect to the foregoing, and they will not operate or purport to operate as an
integrated single economic unit with respect to each other or in their dealing with any other entity; 
 (o) The Seller shall have a
separate area from Presidio and each Originator and any Affiliates thereof for its business (which may be located at the same address as such entities) and to the extent that any other such entity has offices in the same location, there shall be a
fair and appropriate allocation of overhead costs between them, and each shall bear its fair share of such expenses; 
 (p) The Seller shall
hold itself out and identify itself as a separate and distinct entity under its own name and not as a division or part of any other Person; 

  

					
		 	Exhibit IV-13	  	Second A&R Receivables Purchase Agreement









 (q) The Seller will not fail to correct any known misunderstanding regarding its separate
identity; 
 (r) The Seller will not assume or guarantee or become obligated for the debts of any other Person or hold out its credit as
being available to satisfy the obligations of any other Person; 
 (s) The Seller will not acquire the obligations or securities of its
partners, members, shareholders or any other Affiliate; 
 (t) The Seller will not pledge its assets for the benefit of any other Person
except as permitted pursuant to this Agreement; 
 (u) The Seller will not make any loans to any Person or hold evidence of indebtedness
issued by any other Person or entity (other than indebtedness which is or will become part of the Pool Assets); 
 (v) The Seller will not
have any of its obligations guaranteed by Presidio, the Originators or any Affiliates thereof; 
 (w) The Seller shall not form, acquire or
hold any Subsidiary; and 
 (x) To the extent not already covered in paragraphs (a) through (w) above, Seller shall comply and/or
act in accordance with the provisions of Section 6.4 of the Sale Agreement. 
 4. Financial Covenant of Presidio.
Presidio shall not permit the Fixed Charge Coverage Ratio of Presidio Holdings Inc. to be less than 1.0 to 1.0, as determined as of the last day of each fiscal quarter of Presidio Holdings Inc. if, as of the last day of such fiscal quarter, Excess
Liquidity of Presidio Holdings Inc. and its Subsidiaries has been less than $35,000,000 for at least 5 consecutive days. 

  

					
		 	Exhibit IV-14	  	Second A&R Receivables Purchase Agreement









 EXHIBIT V 

TERMINATION EVENTS 
 Each
of the following shall be a “Termination Event”: 
 (a) (i) the Seller, Presidio IS Corp., any Originator or the Servicer
shall fail to perform or observe any term, covenant or agreement under this Agreement or any other Transaction Document and, except as otherwise provided herein, such failure, solely to the extent capable of cure, shall continue for 30 days after
the earlier of any such Person’s knowledge or notice thereof or (ii) the Seller or the Servicer shall fail to make when due any payment or deposit to be made by it under this Agreement or any other Transaction Document and such failure
shall remain unremedied for two Business Days after the earlier of any such Person’s knowledge or notice thereof; 
 (b) Presidio (or
any Affiliate thereof) shall fail to transfer to any successor Servicer, when required, any rights pursuant to this Agreement that Presidio (or such Affiliate) then has as Servicer; 

(c) any representation or warranty made or deemed made by the Seller, Presidio IS Corp., the Servicer or any Originator (or any of their
respective officers) under or in connection with this Agreement or any other Transaction Document, or any information or report delivered by the Seller, Presidio IS Corp., the Servicer or any Originator pursuant to this Agreement or any other
Transaction Document, shall prove to have been incorrect or untrue in any material respect when made or deemed made or delivered and such failure shall, solely to the extent capable of cure, continue for 15 days after the earlier of any such
Person’s knowledge or notice thereof; 
 (d) the Seller or the Servicer shall fail to deliver any Information Package or any Weekly
Report when due pursuant to this Agreement, and such failure shall remain unremedied for two Business Days after the earlier of such Person’s knowledge or notice thereof; 

(e) this Agreement or any Purchase or reinvestment pursuant to this Agreement shall for any reason: (i) cease to create, or the Purchased
Interest shall for any reason cease to be, a valid and enforceable first priority perfected undivided percentage ownership or security interest to the extent of the Purchased Interest in each Pool Receivable, the Related Security and Collections
with respect thereto, free and clear of any Adverse Claim (other than Permitted Adverse Claims), or (ii) cease to create with respect to the Pool Assets, or the interest of the Administrator (for the benefit of the Purchasers) with respect to
such Pool Assets shall cease to be, a valid and enforceable first priority perfected security interest, free and clear of any Adverse Claim (other than Permitted Adverse Claims); 

(f) the Seller, Presidio IS Corp., the Servicer or any Originator shall generally not pay its debts as such debts become due, shall admit in
writing its inability to pay its debts generally, or shall make a general assignment for the benefit of creditors; or any proceeding shall be instituted by or against the Seller, Presidio IS Corp., the Servicer or any Originator seeking to
adjudicate it a bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of
debtors, or seeking the entry of 

  

					
		 	Exhibit V-1	  	Second A&R Receivables Purchase Agreement









 
an order for relief or the appointment of a receiver, trustee, custodian or other similar official for it or for any substantial part of its property and, in the case of any such proceeding
instituted against it (but not instituted by it), either such proceeding shall remain undismissed or unstayed for a period of 60 days, or any of the actions sought in such proceeding (including the entry of an order for relief against, or the
appointment of a receiver, trustee, custodian or other similar official for, it or for any substantial part of its property) shall occur; or the Seller, Presidio IS Corp., the Servicer or any Originator shall take any corporate action to authorize
any of the actions set forth above in this paragraph; 
 (g) a Specified Transaction shall occur; 

(h) a Change in Control shall occur; 

(i) the Purchased Interest shall exceed 100% for two (2) Business Days after the earlier of the Seller’s or Servicer’s
knowledge or notice thereof; 
 (j) (i) the Seller, Presidio, Presidio Holdings Inc., or any of its Subsidiaries shall fail to pay any
principal of or premium or interest on any of its Debt that is outstanding in a principal amount of at least $75,000,000 in the aggregate when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand
or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement, mortgage, indenture or instrument relating to such Debt (unless such failure shall have been waived under the related agreement
during any applicable grace period, if any, specified in the related agreement); (ii) any other event shall occur or condition shall exist under any agreement, mortgage, indenture or instrument relating to any such Debt (as referred to in
clause (i) of this subsection (j)) and shall continue after the applicable grace period, if any, specified in such agreement, mortgage, indenture or instrument (unless such failure shall have been waived under the related agreement
during any applicable grace period, if any, specified in the related agreement), if the effect of such event or condition is to give the applicable debtholders the right (whether acted upon or not) to accelerate the maturity of such Debt (as
referred to in clause (i) of this subsection (j)), or (iii) any such Debt (as referred to in clause (i) of this subsection (j)), shall be declared to be due and payable, or required to be prepaid
(other than by a regularly scheduled required prepayment), redeemed, purchased or defeased, or an offer to repay, redeem, purchase or defease such Debt shall be required to be made, in each case before the stated maturity thereof; 

(k) either the Internal Revenue Service or the Pension Benefit Guaranty Corporation shall have filed one or more notices of lien asserting a
claim or claims in excess of $75,000,000 pursuant to the Internal Revenue Code, or ERISA, as applicable, against the assets of Seller, any Originator, Presidio, Presidio Holdings Inc. or any ERISA Affiliate; 

(l) Presidio IS Corp. shall fail to perform any of its obligations under the Performance Guaranty; or 

(m) the “Purchase and Sale Termination Date” under and as defined in the Sale Agreement shall occur under the Sale Agreement
or the Originators shall for any reason cease to transfer, or cease to have the legal capacity to transfer, or otherwise be incapable of transferring Receivables to the Seller under the Sale Agreement. 

  

					
		 	Exhibit V-2	  	Second A&R Receivables Purchase Agreement









 SCHEDULE I 

CREDIT AND COLLECTION POLICY 
 On file with
the Servicer. 

  

					
		 	Schedule I-1	  	Second A&R Receivables Purchase Agreement









 SCHEDULE III 

TRADE NAMES 
  

			
	 Legal Name
	  	 Trade Names

		
	Atlantix Global Systems, LLC	  	AO Communications
	  	Phoenix Asset Management
	  	Global Technology Systems (GTS)
		
	Presidio Networked Solutions, Inc.	  	Presidio Partner Services
	  	Presidio Disaster Recovery (Presidio DR)
	  	Presidio Managed Networks
		
	Presidio, Inc.	  	None


  

					
		 	Schedule III-1	  	Second A&R Receivables Purchase Agreement









 SCHEDULE IV 

ACTIONS AND PROCEEDINGS 
 None. 

  

					
		 	Schedule IV-1	  	Second A&R Receivables Purchase Agreement









 ANNEX A 

FORM OF INFORMATION PACKAGE 
 On file with
the Servicer. 

  

					
		 	Annex A-1	  	Second A&R Receivables Purchase Agreement









 ANNEX B 

FORM OF PURCHASE NOTICE 
 [Date] 

PNC Bank, National Association 
 Three PNC Plaza 

225 Fifth Avenue 
 Pittsburgh, PA 15222-2707 

Ladies and Gentlemen: 
 Reference is hereby made
to the Second Amended and Restated Receivables Purchase Agreement, dated as of February 2, 2015 (as heretofore amended, supplemented or modified, the “Receivables Purchase Agreement”), among PRESIDIO CAPITAL FUNDING LLC,
(“Seller”), PRESIDIO, INC., as Servicer, the Sub-Servicers party thereto, the various Purchaser Groups form time-to-time party thereto and PNC BANK NATIONAL ASSOCIATION, as administrator (in such capacity, the
“Administrator”). Capitalized terms used in this Purchase Notice and not otherwise defined herein shall have the meanings assigned thereto in the Receivables Purchase Agreement. 

This letter constitutes a Purchase Notice pursuant to Section 1.2(a) of the Receivables Purchase Agreement. Seller desires to sell
an undivided variable interest in a pool of receivables on [                 ,
            ] for a purchase price of $                    .1 Subsequent to this Purchase, the aggregate outstanding Capital will be
$                    . 
 Seller
hereby represents and warrants as of the date hereof, and as of the date of Purchase, as follows: 
 (i) the representations and warranties
contained in Exhibit III of the Receivables Purchase Agreement are true and correct in all material respects on and as of such dates as though made on and as of such dates except for representations and warranties which apply as to an earlier
date (in which case such representations and warranties shall be true and correct as of such earlier date) and shall be deemed to have been made on such dates; 

(ii) no event has occurred and is continuing, or would result from such Purchase, that constitutes a Termination Event or an Unmatured
Termination Event; 
 (iii) the Aggregate Capital, after giving effect to the Purchase proposed hereby, will not be greater than the
Purchase Limit, and the Purchased Interest shall not exceed 100%; and 
 (iv) the Facility Termination Date shall not have occurred. 

 
  

	1 	Such amount, which shall not be less than $1,000,000 (or such lesser amount as agreed to by the Administrator) and shall be in integral multiples of $1,000,000 in excess thereof. 


  

					
		 	Annex B-1	  	Second A&R Receivables Purchase Agreement









 IN WITNESS WHEREOF, the undersigned has caused this
Purchase Notice to be executed by its duly authorized officer as of the date first above written. 
  

			
	PRESIDIO CAPITAL FUNDING LLC
		
	By:	 	 
	Name:	 	 
	Title:	 	 



  

					
		 	Annex B-2	  	Second A&R Receivables Purchase Agreement









 ANNEX C 

FORM OF ASSUMPTION AGREEMENT 

Dated as of [                    
    ,             ] 
 THIS ASSUMPTION
AGREEMENT (this “AGREEMENT”), dated as of [                         ,
            ] is among PRESIDIO CAPITAL FUNDING LLC (the “Seller”), [            ], as purchaser (the
“[            ] Conduit Purchaser”), [            ], as the related committed purchaser (the
“[            ] Related Committed Purchaser” and together with the Conduit Purchaser, the
“[            ] Purchasers”), and [            ], as agent for the
[            ] Purchasers (the “[            ] Purchaser Agent” and together with the
[            ] Purchasers, the “[            ] Purchaser Group”). 

BACKGROUND 
 The Seller and
various others are parties to that certain Second Amended and Restated Receivables Purchase Agreement dated as of February 2, 2015 (as amended, restated, supplemented or otherwise modified through the date hereof, the “Receivables Purchase
Agreement”). Capitalized terms used and not otherwise defined herein have the respective meaning assigned to such terms in the Receivables Purchase Agreement. 

NOW, THEREFORE, the parties hereto hereby agree as follows: 

SECTION 1. This letter constitutes an Assumption Agreement pursuant to Section 1.2(e) of the Receivables Purchase Agreement. The
Seller desires [the [            ] Purchasers] [the [            ] Related Committed Purchaser] to [become
Purchasers under] [increase its existing Commitment under] the Receivables Purchase Agreement and upon the terms and subject to the conditions set forth in the Receivables Purchase Agreement, the
[            ] Purchasers agree to [become Purchasers thereunder] [increase its Commitment in an amount equal to the amount set forth as the “Commitment” under the
signature of such [            ] Related Committed Purchaser hereto]. 

Seller hereby represents and warrants to the [            ] Purchasers as
of the date hereof, as follows: 
 (i) the representations and warranties of the Seller contained in Exhibit III of the Receivables Purchase
Agreement are true and correct in all material respects on and as the date of such purchase or reinvestment as though made on and as of such date (except for representations and warranties which apply as to an earlier date, in which case such
representations and warranties shall be true and correct as of such earlier date); 
 (ii) no event has occurred and is continuing, or would
result from such purchase or reinvestment, that constitutes a Termination Event or an Unmatured Termination Event; and 
 (iii) the Facility
Termination Date has not occurred. 
 SECTION 2. Upon execution and delivery of this Agreement by the Seller and each member of the
[            ] Purchaser Group, satisfaction of the other conditions to assignment specified in Section 1.2(e) of the Receivables Purchase Agreement (including the
written consent 

  

					
		 	Annex C-1	  	Second A&R Receivables Purchase Agreement









 
of the Administrator and each Purchaser Agent) and receipt by the Administrator and Seller of counterparts of this Agreement (whether by facsimile or otherwise) executed by each of the parties
hereto, [the [            ] Purchasers shall become a party to, and have the rights and obligations of Purchasers under, the Receivables Purchase Agreement] [the
[            ] Related Committed Purchaser shall increase its Commitment in the amount set forth as the “Commitment” under the signature of the
[            ] Related Committed Purchaser, hereto]. 
 SECTION 3. Each
party hereto hereby covenants and agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other
proceeding under any federal or state bankruptcy or similar law, for one year and one day after the latest maturing Note issued by such Conduit Purchaser is paid in full. The covenant contained in this paragraph shall survive any termination of the
Receivables Purchase Agreement. 
 SECTION 4. THIS AGREEMENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS
OF THE STATE OF NEW YORK (INCLUDING FOR SUCH PURPOSE SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK) EXCEPT TO THE EXTENT THAT THE VALIDITY OR PERFECTION OF A SECURITY INTEREST OR REMEDIES HEREUNDER, IN RESPECT OF
ANY PARTICULAR COLLATERAL ARE GOVERNED BY THE LAWS OF A JURISDICTION OTHER THAN THE STATE OF NEW YORK. This Agreement may not be amended, supplemented or waived except pursuant to a writing signed by the party to be charged. This Agreement may be
executed in counterparts, and by the different parties on different counterparts, each of which shall constitute an original, but all together shall constitute one and the same agreement. 

(continued on following page) 

  

					
		 	Annex C-2	  	Second A&R Receivables Purchase Agreement









 IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their duly authorized
officers as of the date first above written. 
  

			
	[                    ], as a Conduit Purchaser
	
	By:                                   
                                         
                    
	Name Printed:                                 
                                         
 
	Title:                                   
                                         
                
	
	[Address]
	
	[                    ], as a Related Committed Purchaser
	
	By:                                   
                                         
                    
	Name Printed:                                 
                                         
 
	Title:                                   
                                         
                
	
	[Address]
	[Commitment]
	
	
[                    ], as Purchaser Agent for

[                ]

	
	By:                                   
                                         
                    
	Name Printed:                                 
                                        
  
	Title:                                   
                                         
                
	
	[Address]
                                         
                                         
 



  

					
		 	Annex C-3	  	Second A&R Receivables Purchase Agreement










	
	PRESIDIO CAPITAL FUNDING LLC, as Seller
	
	By:                                     
                                         
         
	Name Printed:                                   
                               
	Title:                                     
                                         
      
	
	Consented and Agreed:


			
	
	PNC BANK, NATIONAL ASSOCIATION, as Administrator


			
	
	By:                                   
                                         
              
	Name Printed:                                 
                                    
	Title:                                   
                                         
           
		
	Address:	 	PNC Bank, National Association
		 	Three PNC Plaza
		 	225 Fifth Avenue
		 	Pittsburgh, Pennsylvania 15222-2707
	
	[THE PURCHASER AGENTS]
	
	By:                                   
                                         
              
	Name Printed:                                 
                                    
	Title:                                   
                                         
           
		
	[Address:]	 	


  

					
		 	Annex C-4	  	Second A&R Receivables Purchase Agreement









 ANNEX D 

FORM OF TRANSFER SUPPLEMENT 

Dated as of [                 ,
        ] 
 Section 1. 
  

					
	 Commitment assigned:
	  	$	            	  
	 Assignor’s remaining Commitment:
	  	$	            	  
	 Capital allocable to Commitment assigned:
	  	$	            	  
	 Assignor’s remaining Capital:
	  	$	            	  
	 Discount (if any) allocable to Capital assigned:
	  	$	            	  
	 Discount(if any) allocable to Assignor’s remaining Capital:
	  	$	            	  

 Section 2. 

Effective Date of this Transfer Supplement:
[                    ] 
 Upon
execution and delivery of this Transfer Supplement by transferee and transferor and the satisfaction of the other conditions to assignment specified in Section 6.3(c) of the Receivables Purchase Agreement (as defined below), from and
after the effective date specified above, the transferee shall become a party to, and have the rights and obligations of a Committed Purchaser under, the Second Amended and Restated Receivables Purchase Agreement, dated as of February 2, 2015
(as amended, restated, supplemented or otherwise modified through the date hereof, the “Receivables Purchase Agreement”), among Presidio Capital Funding LLC, as Seller, Presidio, Inc., as initial Servicer, the parties listed on the
signature pages thereto as Sub-Servicers, the various Purchasers and Purchaser Groups from time to time party thereto, and PNC Bank, National Association, as Administrator for each Purchaser Group. 

  

					
		 	Annex D-1	  	Second A&R Receivables Purchase Agreement









 ASSIGNOR:
[                    ], as a Related Committed Purchaser 

 

			
	By:	 	 
	Name:	 	 
	Title:	 	 


 ASSIGNEE:
[                    ], as a Purchasing Related Committed Purchaser 

 

			
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	[Address]


 Accepted as of date first above written: 

[                    ], as Purchaser Agent for 

the [            ] Purchaser Group 

 

			
	By:	 	 
	Name:	 	 
	Title:	 	 

 [Accepted as of the date first above written]:2 

PRESIDIO CAPITAL FUNDING LLC 
  

			
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	[Address]

  

	2 	Consent only required prior to the occurrence of a Termination Event (such consent not to be unreasonably withheld). 


  

					
		 	Annex D-2	  	Second A&R Receivables Purchase Agreement









 ANNEX E 

FORM OF PAYDOWN NOTICE 
 [Date] 

PNC Bank, National Association 
 Three PNC Plaza 

225 Fifth Avenue 
 Pittsburgh, PA 15222-2707 

Ladies and Gentlemen: 
 Reference is hereby made
to the Second Amended and Restated Receivables Purchase Agreement, dated as of February 2, 2015 (as heretofore amended, supplemented or modified, the “Receivables Purchase Agreement”), among PRESIDIO CAPITAL FUNDING LLC,
(“Seller”), PRESIDIO, INC., as Servicer, the Sub-Servicers party thereto, the various Purchaser Groups form time-to-time party thereto and PNC BANK NATIONAL ASSOCIATION, as administrator. Capitalized terms used in this Purchase
Notice and not otherwise defined herein shall have the meanings assigned thereto in the Receivables Purchase Agreement. 
 This letter
constitutes a Paydown Notice pursuant to Section 1.4(f)(i) of the Receivables Purchase Agreement. Seller desires to reduce the Aggregate Capital on              by3 the application of $             in cash to pay the Aggregate Capital and accrued and unpaid Discount with respect to such Aggregate
Capital, together with all costs related to such reduction of Aggregate Capital. 
  

	3 	Notice must be given at least five Business Days prior the requested Paydown date, in the case of reductions in excess of $25,000,000, or at least two Business Days prior the requested Paydown date, in the case of
reduction of $25,000,000 or less. 


  

					
		 	Annex E-1	  	Second A&R Receivables Purchase Agreement









 IN WITNESS WHEREOF, the undersigned has caused this Paydown Notice to be executed by its duly
authorized officer as of the date first above written. 
  

			
	PRESIDIO CAPITAL FUNDING LLC
		
	By:	 	 
	Name:	 	 
	Title:	 	 



  

					
		 	Annex E-2	  	Second A&R Receivables Purchase Agreement