Document:

Registration Rights Agreement, dated as of July 7, 2006

 Exhibit 4.2 
 REGISTRATION RIGHTS AGREEMENT 
 This Registration Rights Agreement (this
“Agreement”), dated as of July 7, 2006, is made by and between (i) subject to the entry of the Agreement Order (as defined below), Owens Corning, a Delaware corporation (as debtor-in-possession and a reorganized debtor, as
applicable, the “Company”) and (ii) the Owens Corning/Fibreboard Asbestos Personal Injury Trust (as defined in the Amended Plan, the “Trust”). 
 RECITALS 
 WHEREAS, the Company filed its Amended Plan (as defined below)
with the Bankruptcy Court (as defined below) on June 5, 2006; 
 WHEREAS, pursuant to the Amended Plan, the Trust will receive,
among other things, a contingent payment right to cash and certain of the Trust Shares (as defined below); 
 WHEREAS, in accordance
with the Amended Plan, the Company and the Trust are entering into a registration rights agreement to provide registration rights for the Trust with respect to the Trust Shares; 
 WHEREAS, in connection with the consummation of the transactions contemplated by that certain Equity Commitment Agreement dated as of May 10,
2006 (the “Equity Commitment Agreement”) by and between the Company and JPM (as defined below), JPM has agreed to acquire shares of New Common Stock (as defined below) in accordance with the provisions of the Equity Commitment
Agreement and the Amended Plan; 
 WHEREAS, in connection with the Equity Commitment Agreement, JPM and the other Investors (as
defined below) have entered into a Syndication Agreement, dated as of May 10, 2006 (the “Syndication Agreement”), pursuant to which such Persons have agreed to purchase certain shares of the New Common Stock from JPM;

 WHEREAS, in consideration of the Investors’ (as defined below) commitment to purchase the New Common Stock pursuant to and on
the terms and conditions set forth in the Equity Commitment Agreement and the Syndication Agreement, the Company has agreed to enter into a registration rights agreement (the “Investor Registration Agreement”) with JPM and any
parties identified on the signature pages of any Joinder Agreements (as defined in the Investor Registration Agreement) executed and delivered pursuant to Section 12.2 thereto (each, including JPM, an “Investor” and,
collectively, the “Investors”) with respect to certain shares of New Common Stock to be acquired by the Investors and certain of their Affiliates (as defined below); and 
 WHEREAS, certain financial institutions (at the request of an Investor) and the Company have entered into agreements whereby (i) the
counterparty under the agreements has granted to each of such financial institutions the option to purchase, severally, a portion of the Trust Shares which option will expire twelve months after the date 28.2 million of the Trust Shares are
issued to the Trust (the “Issuance Date”) in accordance with the terms of the Amended Plan (the “Call Agreements”), and (ii) each of such financial institutions has granted, severally, to the counterparty under
the agreements the option to sell a portion of 28.2 million of 

 the Trust Shares to the financial institutions, which option will expire three months after the Issuance Date (the
“Put Agreements”), which Call Agreements and Put Agreements will be assigned by the Company to, and assumed by, subject to the exceptions set forth in the Collars, the Trust on the effective date of the Amended Plan. 
 AGREEMENTS 
 NOW, THEREFORE, in
consideration of the foregoing and the covenants and agreements contained herein and in the Amended Plan and the Investor Registration Agreement, and intending to be legally bound hereby, the parties hereto hereby agree as follows: 
 Article I. 
 Definitions 
 For purposes of this Agreement, the following terms have the following meanings: 
 “Additional Information” has the meaning given to that term in Section 3.2(a) of this Agreement. 
 “Affiliate” has the meaning given to that term pursuant to Rule 12b-2 under the Exchange Act. 
 “Agreement” has the meaning given to that term in the introductory paragraph hereof. 
 “Agreement Order” means the “Confirmation Order” as defined in the Amended Plan or such other order or orders of the
Bankruptcy Court that approves this Agreement. 
 “Amended Plan” means the Sixth Amended Joint Plan of Reorganization for
Owens Corning and its Affiliated Debtors and Debtors-In-Possession, filed on June 5, 2006, as it may be amended or supplemented from time to time; provided that no such amendment or supplement shall be given effect for purposes of this
definition that shall (i) alter the capitalization of Owens Corning contemplated therein, (ii) materially adversely affect the obligations or rights of the Trust thereunder or (iii) cause any representation or warranty contained
herein to be incorrect. 
 “Bankruptcy Code” means Chapter 11, Title 11 of the United States Code, 11 U.S.C. 101 et seq.

 “Bankruptcy Court” means the United States Bankruptcy Court for the District of Delaware administering the Company’s
bankruptcy case under the Bankruptcy Code together with the applicable district court, to the extent district court approval of the Amended Plan, or any transactions contemplated therein, is sought or required. 
 “Bankruptcy Rules” means the Federal Rules of Bankruptcy Procedure. 
 “Blackout Period” means any period during which, in accordance with Article VI hereof or Article VI of the Investor Registration
Agreement, the Company is not required to effect the filing of a Registration Statement or a registration statement under the Investor Registration Agreement or is entitled to postpone the preparation, filing or effectiveness or suspend the
effectiveness of a Registration Statement or a registration statement under the Investor Registration Agreement. 
  

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 “Business Day” means any day, other than a Saturday or Sunday, on which national banking
institutions in New York, New York, are open. 
 “Call Agreements” has the meaning given to that term in the recitals
hereof. 
 “Call Expiration Capacity” has the meaning given to that term in Section 4.1(h) of this Agreement.

 “Call Expiration Registration Statement” has the meaning given to that term in Section 4.1(h) of this
Agreement. 
 “Capacity” has the meaning given to that term in Section 4.4(b) of this Agreement. 
 “Code” means the Internal Revenue Code of 1986, as amended. 
 “Collars” means collectively, the Put Agreements and the Call Agreements. 
 “Company” has the meaning given to that term in the introductory paragraph hereof. 
 “control” has the meaning given to that term under Rule 405 under the Securities Act (and “controlled” and
“controlling” shall have correlative meanings). 
 “Cut-off Date” means the 30th day prior to the date the last of the Call Agreements expire. 
 “Demand Registration” has the meaning given to that term in Section 4.1 of this Agreement. 
 “Effective Date” means each effective date or deemed effective date under the Securities Act of any Registration Statement or any post-effective amendment thereto. 
 “Environmental Laws” has the meaning given to that term in Section 2.1(w) of this Agreement. 
 “Equity Commitment Agreement” has the meaning given that term in the recitals hereof. 
 “ERISA” has the meaning given to that term in Section 2.1(x) of this Agreement. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated by the SEC thereunder.

 “Exclusive Holder Period” means the period consisting of 60 days beginning on (i) if no Exclusive Trust Registration
is requested by the Trust, the end of the Exclusive Trust Period and (ii) if an Exclusive Trust Registration is requested by the Trust, the latest of (x) the date on which the sale of securities covered by the Exclusive Trust Registration
closes or, if earlier, the withdrawal, revocation or termination of the Exclusive Trust Registration solely by the Trust and (y) the end of any Lock-Up Period requested by the managing underwriter in connection with the Exclusive Trust
Registration. 
  

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 “Exclusive Holder Registration” means the right of the Holders to make a request for a
demand registration under the Investor Registration Agreement for an Underwritten Offering during the Exclusive Holder Period. 
 “Exclusive Trust Period” has the meaning given to that term in Section 4.1(b) of this Agreement. 
 “Exclusive Trust Registration” has the meaning given to that term in Section 4.1(b) of this Agreement. 
 “Expiration Date” has the meaning give to that term in Section 4.1(h) of this Agreement. 
 “Filing Date” means (a) with respect to the Initial Registration Statement, not later than 45 days after approval by the Bankruptcy Court of the Equity Commitment Agreement, (b) with respect to a Registration
Statement to be filed on Form S-1 (or any applicable successor form), not later than 60 days after receipt by the Company of a request for such Registration Statement and (c) with respect to a Registration Statement to be filed on Form S-3 (or
any applicable successor form), not later than 30 days after receipt by the Company of a request for such Registration Statement. 
 “Free Writing Prospectus” means a free writing prospectus as defined in Rule 405 under the Securities Act relating to the Registrable Securities included in the applicable registration. 
 “Holdco” has the meaning given to that term in Section 12.13 of this Agreement. 
 “Holder Registrable Securities” means at any time (a) shares of New Common Stock purchased by a Holder pursuant to the Equity
Commitment Agreement or Syndication Agreement, (b) shares of New Common Stock received by a Holder pursuant to the exercise of the Collars and, without duplication, shares of New Common Stock that may be acquired by a Holder pursuant to the
Collars, (c) shares of New Common Stock received by a Holder pursuant to the Amended Plan in respect of their bondholder claims, including pursuant to the Rights Offering, (d) any other shares of New Common Stock held by any of the Holders
now or at any time in the future and (e) any additional shares of New Common Stock held by a Holder paid, issued or distributed in respect of any shares of the types described in clauses (a), (b), (c) and (d) of this definition by way
of stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or otherwise; provided, however, that as to any Holder Registrable Securities,
such securities shall cease to constitute Holder Registrable Securities upon the earliest to occur of: (i) the date on which the securities are disposed of pursuant to an effective registration statement under the Securities Act; (ii) the
date on which the securities are disposed of pursuant to Rule 144 (or any successor provision) under the Securities Act; and (iii) the date on which the securities cease to be outstanding. 
  

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 “Holders” means (i) the Investors and (ii) any transferees of such
Persons’ Registrable Securities in accordance with Section 12.5 of the Investor Registration Agreement, in each case at such times as such Persons shall own Holder Registrable Securities. 
 “Indemnified Person” has the meaning given to that term in Section 8.3 of this Agreement. 
 “Indemnifying Person” has the meaning given to that term in Section 8.3 of this Agreement. 
 “Initial Registration Statement” means the Registration Statement to be filed by the Company pursuant to Rule 415 of the Securities Act
and pursuant to the Amended Plan relating to the Registrable Securities and the Holder Registrable Securities. 
 “Investor”
and “Investors” have the meanings given to those terms in the recitals hereof. 
 “Investor Registration
Agreement” has the meaning given to that term in the recitals hereof. 
 “Issuance Date” has the meaning given to
that term in the recitals hereof. 
 “Issuer Free Writing Prospectus” means an issuer free writing prospectus as defined in
Rule 433 under the Securities Act. 
 “JPM” means, collectively, JPMorgan Securities and its Affiliates who are parties to
the Investor Registration Agreement. 
 “JPMorgan Securities” means J.P. Morgan Securities Inc. 
 “Lock-Up” has the meaning given to that term in Section 4.3(c) of this Agreement. 
 “Lock-Up Period” has the meaning given to that term in Section 4.3(c) of this Agreement. 
 “Material Adverse Effect” has the meaning given to that term in Section 2.1(a) of this Agreement. 
 “NASD” has the meaning given to that term in Section 7.1(m) of this Agreement. 
 “NASDAQ” means the NASDAQ National Market. 
 “New Common Stock” means the shares of new common stock of the Company issued on and after the effective date of the Amended Plan and any additional shares of common stock paid, issued or distributed
in respect of any such shares by way of a stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or otherwise. 
 “Non-Qualified Holder Securities” means Registrable Securities that do not constitute Qualified Holder Registrable Securities.

  

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 “NYSE” means the New York Stock Exchange. 
 “Other Stockholders” means any Person (other than the Trust) having rights to participate in a registration of the New Common Stock.

 “Person” means any individual, corporation, general or limited partnership, limited liability company, joint venture,
trust or other entity or association, including without limitation any governmental authority. 
 “Piggyback Notice” has the
meaning given to that term in Section 5.1 of this Agreement. 
 “Piggyback Registration” has the meaning given
to that term in Section 5.1 of this Agreement. 
 “Preliminary Prospectus” has the meaning given to that term in
Section 2.1(l) of this Agreement. 
 “Pro Rata Basis” has the meaning given to that term in
Section 4.4(b)(iii) of this Agreement. 
 “Prospectus” means the prospectus relating to the Registrable
Securities included in the applicable Registration Statement, and any such prospectus as supplemented by any and all prospectus supplements and as amended by any and all amendments (including post-effective amendments) and including all material
incorporated by reference or deemed to be incorporated by reference in such Prospectus. 
 “Put Agreements” has the meaning
given to that term in the recitals hereof. 
 “Qualified Holder Registrable Securities” means at any time (a) shares of
New Common Stock purchased by a Holder pursuant to the Equity Commitment Agreement or Syndication Agreement, (b) shares of New Common Stock received pursuant to the exercise of the Collars, or that may be acquired by a Holder pursuant to the
Collars, without duplication, and (c) shares of New Common Stock received by a Holder pursuant to the Amended Plan in respect of their bondholder claims, including pursuant to the Rights Offering and (d) any additional shares of New Common
Stock paid, issued or distributed in respect of any shares of the types described in clauses (a), (b) and (c) of this definition by way of stock dividend, stock split or distribution, or in connection with a combination of shares,
recapitalization, reorganization, merger or consolidation, or otherwise; provided, however, that as to any Qualified Holder Registrable Securities, such securities shall cease to constitute Qualified Holder Registrable Securities upon
the earliest to occur of: (i) the date on which the securities are disposed of pursuant to an effective registration statement under the Securities Act; (ii) the date on which the securities are disposed of pursuant to Rule 144 (or any
successor provision) under the Securities Act; and (iii) the date on which the securities cease to be outstanding. 
 “Questionnaire” has the meaning given to that term in Section 3.2(a) of this Agreement. 
 “Registrable Securities” means at any time (a) any Trust Shares held by the Trust now or at any time in the future and (b) any additional shares of New Common Stock held by the Trust 
  

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 paid, issued or distributed in respect of any shares of the types described in clause (a) of this definition by way
of stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or otherwise; provided, however, that as to any Registrable Securities, such
securities shall cease to constitute Registrable Securities upon the earliest to occur of: (i) the date on which the securities are disposed of pursuant to an effective registration statement under the Securities Act; (ii) the date on
which the securities are disposed of pursuant to Rule 144 (or any successor provision) under the Securities Act; and (iii) the date on which the securities cease to be outstanding. 
 “Registration Expenses” has the meaning given to that term in Section 7.4(a) of this Agreement. 
 “Registration Statement” means any registration statement of the Company under the Securities Act that covers any of the Registrable
Securities pursuant to the provisions of this Agreement, including the related Prospectus, all amendments and supplements to such registration statement (including post-effective amendments), and all exhibits and all materials incorporated by
reference or deemed to be incorporated by reference in such registration statement. 
 “Required Period” means:
(i) with respect to the Initial Registration Statement, two years following the last day on which a Call Agreement expires (or such shorter period as the Initial Registration Statement can then remain effective under the Securities Act);
(ii) with respect to any other “shelf registration,” two years following the first day of effectiveness of such Registration Statement; and (iii) with respect to any other Registration Statement, 90 days following the first day
of effectiveness of such Registration Statement. 
 “Rights Offering” shall have the meaning given to such term in the
Equity Commitment Agreement. 
 “Rule 144” means Rule 144 promulgated under the Securities Act, as such Rule may be amended
from time to time, or any similar rule or regulation hereafter adopted by the SEC. 
 “SEC” means the United States
Securities and Exchange Commission and any successor United States federal agency or governmental authority having similar powers. 
 “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated by the SEC thereunder. 
 “Significant Subsidiary” means any subsidiary that would be a “significant subsidiary” as defined in Article I, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act.

 “Subsequent Registration Statement” has the meaning give to that term in Section 3.1 of this Agreement.

 “Syndication Agreement” has the meaning given to such term in the recitals hereof. 
 “Transaction Documents” has the meaning given to that term in Section 2.1(o) of this Agreement. 
  

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 “Trust” has the meaning given to that term in the recitals hereof, together with any
permitted assigns and transferees in accordance with Section 12.5. 
 “Trust Shares” means
(i) 28.2 million shares of New Common Stock, which the Trust has a contingent payment right to receive pursuant to the Amended Plan, (ii) from and after the Issuance Date, such 28.2 million shares of New Common Stock issued to
the Trust, (iii) any shares of New Common Stock (other than those contemplated by clauses (i), (ii) and (iv) of this definition) issued to the Trust under the Amended Plan not to exceed 300,000 shares, and (iv) any additional
shares of common stock paid, issued or distributed in respect of any of the shares of the types described in clauses (i), (ii) and (iii) of this definition by way of stock dividend, stock split or distribution, or in connection with a
combination of shares, recapitalization, reorganization, merger, consolidation or otherwise. 
 “Trust Shelf Offering” has
the meaning given to that term in Section 3.2(a) of this Agreement. 
 “Underwritten Registration” or
“Underwritten Offering” means a registration in which securities of the Company are sold to an underwriter for reoffering to the public. 
 “Unsubscribed Shares” means an aggregate number of shares of New Common Stock equal to 72,900,000 minus the number of shares of New Common Stock offered pursuant to the Rights Offering and purchased
on or before the expiration time of the Rights Offering. 
 Article II. 
 Representations and Warranties of the Company 
 2.1 Representations and
Warranties of the Company. The Company represents and warrants to, and agrees with, the Trust as set forth below, as of the date hereof with respect to Sections 2.1(a), (b), (c), (f) and (g). Except for representations, warranties and
agreements that are expressly limited as to their date, the Company represents and warrants to, and agrees with, the Trust as set forth below as of each Effective Date with respect to each representation and warranty set forth below: 
 (a) Incorporation and Qualification. The Company and each of its subsidiaries has been duly organized and is validly existing and in good standing
under the laws of their respective jurisdictions of organization, with the requisite power and authority to own its properties and conduct its business as currently conducted. Each of the Company and its subsidiaries has been duly qualified as a
foreign company for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties or conducts any business so as to require such qualification, except to the extent the failure to
be so qualified or be in good standing has not had or could not reasonably be expected to have, individually or in the aggregate, a material adverse effect on the business, results of operations, property or condition (financial or otherwise) of the
Company and its subsidiaries taken as a whole or on the ability of the Company, subject to the approvals and other authorizations set forth in Section 4(g) the Equity Commitment Agreement, to consummate the transactions contemplated by the
Transaction Documents (a “Material Adverse Effect”). 
  

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 (b) Corporate Power and Authority. (i) The Company has the requisite corporate power and
authority to enter into, execute and deliver this Agreement and, subject to entry of the Agreement Order and the expiration, or waiver by the Bankruptcy Court, of any applicable waiting period set forth in the Bankruptcy Rules, respectively, to
perform its obligations hereunder. The Company has taken all necessary corporate action required for the due authorization, execution, delivery and performance by it of this Agreement. 
 (c) Execution and Delivery; Enforceability. This Agreement has been duly and validly executed and delivered by the Company, and, upon the entry of
the Agreement Order and the expiration, or waiver by the Bankruptcy Court, of any applicable waiting period set forth in the Bankruptcy Rules, this Agreement will constitute the valid and binding obligation of the Company, enforceable against the
Company in accordance with its terms. 
 (d) Authorized Capital Stock. The authorized capital stock of the Company conforms in all
material respects to the authorized capital stock set forth in the Registration Statement and Preliminary Prospectus and the issued and outstanding shares of capital stock of the Company conforms in all material respects to the description set forth
in the Registration Statement and Preliminary Prospectus. 
 (e) Issuance. All outstanding shares of New Common Stock have been duly
and validly issued, fully paid and non-assessable, and free and clear of all taxes, liens, pre-emptive rights, rights of first refusal, subscription and similar rights. 
 (f) No Conflict. Subject to the entry of the Agreement Order and the expiration, or waiver by the Bankruptcy Court, of any applicable waiting period set forth in the Bankruptcy Rules, the execution and delivery
by the Company of this Agreement and compliance by the Company with all of the provisions hereof and the consummation of the transactions contemplated herein (i) will not conflict with or result in a breach or violation of, any of the terms or
provisions of, or constitute a default under (with or without notice or lapse of time, or both), or result, except to the extent provided in or contemplated by the Amended Plan, in the acceleration of, or the creation of any lien under, any
indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries is bound or to which any of the property or assets of
the Company or any of its subsidiaries is subject, (ii) will not result in any material violation of the provisions of the Certificate of Incorporation or Bylaws of the Company included in the Amended Plan and as applicable to the Company from
and after the effective date of the Amended Plan and (iii) will not result in any violation of, or any termination or material impairment of any rights under, any statute or any license, authorization, injunction, judgment, order, decree, rule
or regulation of any court or governmental agency or body having jurisdiction over the Company or any of its subsidiaries or any of their properties, except in any such case described in subclause (i) or (iii) as have been described in an
effective Registration Statement or as will not have or could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect and except in any such case described in subclause (i), for (y) the registration under
the Securities Act contemplated hereby and (z) such consents, approvals, authorizations, registrations or qualifications as may be required under state securities or Blue Sky laws in connection with the sale of the shares of New Common Stock by
the Trust. 
  

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 (g) Consents and Approvals. No consent, approval, authorization, order, registration or
qualification of or with any court or governmental agency or body having jurisdiction over the Company or any of its subsidiaries or any of their properties is required for the execution and delivery by the Company of this Agreement and performance
of and compliance by the Company with all of the provisions hereof and the consummation of the transactions contemplated herein, except (i) the entry of the Agreement Order and the expiration, or waiver by the Bankruptcy Court, of any
applicable waiting period set forth in the Bankruptcy Rules, (ii) the registration under the Securities Act contemplated hereby and (iii) such consents, approvals, authorizations, registrations or qualifications (w) as may be required
under NYSE or NASDAQ rules and regulations in order to consummate the transactions contemplated herein, (x) as may be required under state securities or Blue Sky laws in connection with the sale of the shares of New Common Stock by the Trust,
(y) as have been described in an effective Registration Statement or (z) the absence of which will not have or could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 (h) Arm’s Length. The Company acknowledges and agrees that the Trust is acting solely in the capacity of an arm’s length contractual
counterparty to the Company with respect to the transactions contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor or a fiduciary to, or an agent of, the Company or any other person.
Additionally, the Trust is not advising the Company or any other Person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction, and the Company makes no representations about such matters as between the Trust and any
other Person. The Company shall consult with its own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and the Trust shall have no
responsibility or liability to the Company with respect thereto. Any review by the Trust of the Company, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Trust and
shall not be on behalf of the Company. 
 (i) Financial Statements. Except as otherwise described in the Registration Statement and
the Preliminary Prospectus or any documents incorporated therein by reference, the financial statements and the related notes thereto of the Company and its consolidated subsidiaries included or incorporated by reference in the Registration
Statement and the Preliminary Prospectus comply in all material respects with the applicable requirements of the Securities Act and the Exchange Act and present fairly in all material respects the financial position of the Company and its
subsidiaries as of the dates indicated and the results of their operations for the periods specified; such financial statements have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout
the periods covered thereby, and the supporting schedules included or incorporated by reference in the Registration Statement and the Preliminary Prospectus, present fairly the information required to be stated therein; and, except as otherwise
described in the Registration Statement or any documents incorporated therein by reference, the other financial information included or incorporated by reference in the Registration Statement has been derived from the accounting records of the
Company and its subsidiaries and presents fairly the information shown thereby; and, except as otherwise described in the Registration Statement or any documents incorporated therein by reference, any pro forma financial information and the related
notes thereto included or incorporated by reference in the Registration Statement has been prepared in accordance with 
  

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 the applicable requirements of the Securities Act and the Exchange Act, as applicable, and the assumptions underlying
such pro forma financial information are reasonable and are set forth in the Registration Statement when they become effective. 
 (j)
Exchange Act Documents. The documents incorporated by reference in the Registration Statement or the Preliminary Prospectus, when they became effective or were filed with the SEC, as the case may be, conformed in all material respects to the
requirements of the Exchange Act and, when read together with the other information included or incorporated by reference in the Registration Statement, at the time the Registration Statement became effective or the date of such Preliminary
Prospectus, none of such documents contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they
were made, not misleading; and any further documents so filed and incorporated by reference in the Registration Statement or the Preliminary Prospectus, when such documents become effective or are filed with the SEC, as the case may be, will conform
in all material respects to the requirements of the Securities Act or the Exchange Act, as applicable, and will not, when read together with the other information included or incorporated by reference in the Registration Statement and the
Preliminary Prospectus, contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not
misleading. 
 (k) Issuer Free Writing Prospectus. Each Issuer Free Writing Prospectus complies in all material respects with
the Securities Act, has been filed in accordance with the Securities Act (to the extent required thereby) and, when taken together with the Preliminary Prospectus accompanying, or delivered prior to delivery of, such Issuer Free Writing Prospectus,
did not, and at the Effective Date will not, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not
misleading; provided that the Company makes no representation and warranty with respect to any statements or omissions made in each such Issuer Free Writing Prospectus in reliance upon and in conformity with information relating to the Trust
or the Investors furnished to the Company in writing by the Trust or such Investors expressly for use in any Issuer Free Writing Prospectus. 
 (l) Preliminary Prospectus. Each Preliminary Prospectus, at the time of filing thereof, will comply in all material respects with the Securities Act and will not contain any untrue statement of a material fact or omit to state a
material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that the Company makes no representation and warranty
with respect to any statements or omissions made in reliance upon and in conformity with information relating to the Trust or any Investors furnished to the Company in writing by the Trust or any Investors expressly for use in any Preliminary
Prospectus. As used herein, the term “Preliminary Prospectus” means each prospectus included in such registration statement (and any amendments thereto) before it becomes effective, any prospectus filed with the SEC pursuant to Rule
424(a) under the Securities Act and the prospectus included in the Registration Statement, at the time of their respective effectiveness that omits Rule 430 Information. 
  

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 (m) Registration Statement and Prospectus. As of the Effective Date of a Registration Statement,
such Registration Statement complies in all material respects with the Securities Act, and does not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the
statements therein not misleading; and as of the applicable filing date of the Prospectus and any amendment or supplement thereto, the Prospectus will not contain any untrue statement of a material fact or omit to state a material fact required to
be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that the Company makes no representation and warranty with respect to any
statements or omissions made in reliance upon and in conformity with information relating to the Trust or any Investors furnished to the Company in writing by the Trust or any Investors expressly for use in the Registration Statement and the
Prospectus and any amendment or supplement thereto. 
 (n) No Material Adverse Change. Since the date of the most recent audited
financial statements included or incorporated by reference in the Registration Statement and the Preliminary Prospectus, (i) there has not been any change in the capital stock or long-term debt of the Company or any of its then Significant
Subsidiaries, or any dividend or distribution of any kind declared, set aside for payment, paid or made by the Company on any class of capital stock, or any material adverse change, or any development involving a material adverse change, in or
affecting the business, properties, management, financial position, stockholders’ equity or results of operations of the Company and its subsidiaries taken as a whole; (ii) neither the Company nor any of its then Significant Subsidiaries
has entered into any transaction or agreement that is material to the Company and its subsidiaries taken as a whole or incurred any liability or obligation, direct or contingent, that is material to the Company and its subsidiaries taken as a whole;
and (iii) neither the Company nor any of its Significant Subsidiaries has sustained any material loss or material interference with its business from fire, explosion, flood or other calamity, whether or not covered by insurance, or from any
labor disturbance or dispute or any action, order or decree of any court or arbitrator or governmental or regulatory authority, except in any such case described in subclause (i), (ii) or (iii) as is otherwise disclosed in the Registration
Statement and the Preliminary Prospectus or any documents incorporated therein by reference. 
 (o) Descriptions of the Transaction
Documents. Each of this Agreement, the Equity Commitment Agreement, the Syndication Agreement, the Collars, the Amended Plan, the Agreement Order and the Investor Registration Agreement (collectively, the “Transaction
Documents”) conforms in all material respects to the description thereof contained in the Registration Statement as of the Effective Date. 
 (p) No Violation or Default. Neither the Company nor any of its Significant Subsidiaries is in violation of its charter or by-laws or similar organizational documents or any of the Transaction Documents. Neither the Company nor any
of its subsidiaries is, except as disclosed in the Registration Statement and the Preliminary Prospectus or in any documents incorporated by reference therein: (i) in default, and, to the knowledge of the Company, no event has occurred that,
with notice or lapse of time or both, would constitute such a default, in the due performance or observance of any obligation, covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument
to which the Company 
  

 12 

 or any of its subsidiaries is a party or by which the Company or any of its subsidiaries is bound or to which any of the
property or assets of the Company or any of its subsidiaries is subject; or (ii) in violation of any law or statute or any judgment, order, rule or regulation of any court or arbitrator or governmental or regulatory authority, except, in the
case of clauses (i) and (ii) above, for any such default or violation that would not, individually or in the aggregate, have or be reasonably expected to have a Material Adverse Effect. 
 (q) Legal Proceedings. Except as described in the Registration Statement and the Preliminary Prospectus or in any documents incorporated therein
by reference, there are no legal, governmental or regulatory investigations, actions, suits or proceedings pending to which the Company or any of its subsidiaries is or may be a party or to which any property of the Company or any of its
subsidiaries is or may be the subject that, individually or in the aggregate, if determined adversely to the Company or any of its subsidiaries, could reasonably be expected to have a Material Adverse Effect or materially and adversely affect the
ability of the Company to perform its obligations under the Transaction Documents; as of the date hereof, no such investigations, actions, suits or proceedings are threatened or, to the knowledge of the Company, contemplated by any governmental or
regulatory authority or threatened by others; and as of the date hereof, (i) there are no current or pending legal, governmental or regulatory actions, suits or proceedings that are required under the Exchange Act to be described in the
Exchange Act Documents filed as of the date of the Registration Statement or the Preliminary Prospectus that are not so described and (ii) there are no statutes, regulations or contracts or other documents that have been entered into, that are
required under the Securities Act to be filed as exhibits to the Registration Statement or described in the Registration Statement that are not so filed or described. 
 (r) Independent Accountants. The auditors who have certified the financial statements of the Company and its subsidiaries included or incorporated by reference in the Registration Statement and the Preliminary
Prospectus are independent public accountants with respect to the Company and its subsidiaries as required by the Securities Act. 
 (s)
Title to Intellectual Property. Except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by reference therein, the Company and its Significant Subsidiaries own or possess, or can acquire
on reasonable terms, adequate rights to use all material patents, patent applications, trademarks, service marks, trade names, trademark registrations, service mark registrations, copyrights, licenses and know-how (including trade secrets and other
unpatented and/or unpatentable proprietary or confidential information, systems or procedures) necessary for the conduct of their respective businesses, except where the failure to own or possess any such rights could not reasonably be expected to
have a Material Adverse Effect; and except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by reference therein, and except as could not reasonably be expected to have a Material Adverse
Effect, the conduct of their respective businesses will not conflict in any material respect with any such rights of others, and the Company and its subsidiaries have not received any written notice of any material claim of infringement or conflict
with any such material rights of others. 
 (t) No Undisclosed Relationships. No relationship, direct or indirect, exists between or
among the Company or any of its subsidiaries, on the one hand, and the directors, 
  

 13 

 officers, stockholders, customers or suppliers of the Company or any of its subsidiaries, on the other, that is required
by the Securities Act to be described in the Registration Statement and the Preliminary Prospectus and that are not described. 
 (u)
Investment Company Act. The Company is not and, after giving effect to the offering and sale of the shares of New Common Stock and the application of the proceeds thereof as described in the Prospectus, will not be required to register as an
“investment company” or an entity “controlled” by an “investment company” within the meaning of the Investment Company Act of 1940, as amended, and the rules and regulations of the SEC thereunder. 
 (v) Licenses and Permits. Except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by
reference therein, the Company and its Significant Subsidiaries possess all material licenses, certificates, permits and other authorizations issued by, and have made all declarations and filings with, the appropriate federal, state, local or
foreign governmental or regulatory authorities that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Registration Statement and the Preliminary Prospectus,
except where the failure to possess or make the same would not, individually or in the aggregate, have a Material Adverse Effect; and except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by
reference therein and except as would not reasonably be expected to have a Material Adverse Effect, neither the Company nor any of its subsidiaries has received written notice of any revocation or modification of any such license, certificate,
permit or authorization or has any reason to believe that any such license, certificate, permit or authorization will not be renewed in the ordinary course. 
 (w) Compliance With Environmental Laws. Except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by reference therein, the Company and its Significant
Subsidiaries (i) are in compliance with any and all applicable federal, state, local and foreign laws, rules, regulations, decisions and orders relating to the protection of human health and safety, the environment or hazardous or toxic
substances or wastes, pollutants or contaminants (collectively, “Environmental Laws”); (ii) have received and are in compliance with all permits, licenses or other approvals required of them under applicable Environmental Laws
to conduct their respective businesses; and (iii) have not received notice of any actual or potential liability for the investigation or remediation of any disposal or release of hazardous or toxic substances or wastes, pollutants or
contaminants, except, in the case of each of the clauses (i), (ii) and (iii), as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (x) Compliance With ERISA. Except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by
reference therein, (i) each employee benefit plan, within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), that is maintained, administered or contributed to by the
Company or any of its affiliates for employees or former employees of the Company and its affiliates has been maintained in compliance with its terms and the requirements of any applicable statutes, orders, rules and regulations, including but not
limited to ERISA and the Code, except where the failure to comply with such applicable statutes, orders, 
  

 14 

 rules and regulations would not, individually or in the aggregate, have a Material Adverse Effect; and (ii) as of
the date hereof, no prohibited transaction, within the meaning of Section 406 of ERISA or Section 4975 of the Code, has occurred with respect to any such plan excluding transactions effected pursuant to a statutory or administrative
exemption, except such transactions that would not, individually or in the aggregate, have a Material Adverse Effect. 
 (y) Accounting
Controls. Except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by reference therein, the Company and its subsidiaries maintain systems of internal accounting controls sufficient to
provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in
conformity with generally accepted accounting principles and to maintain asset accountability; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; and (iv) the recorded
accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. 
 (z) Insurance. Except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporated by reference therein, the Company and its subsidiaries have insurance covering their
respective material properties, material operations, personnel and businesses, including business interruption insurance, which insurance is in amounts and insures against such losses and risks as are customary for companies whose businesses are
similar to the Company or such subsidiary, respectively; and, except as described in the Registration Statement and the Preliminary Prospectus or any documents incorporate by reference therein, neither the Company nor any of its subsidiaries has
(i) received written notice from any insurer or agent of such insurer that capital improvements or other expenditures are required or necessary to be made in order to continue such insurance or (ii) any reason to believe that it will not
be able to renew its existing insurance coverage as and when such coverage expires or to obtain substantially similar coverage at reasonable cost from substantially similar insurers as may be necessary to continue its business. 
 (aa) No Unlawful Payments. Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company, any director, officer, agent,
employee or other person associated with or acting on behalf of the Company or any of its subsidiaries has (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity;
(ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977; or
(iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment. 
 (bb) No Registration Rights.
Except (i) to the extent covered by the Registration Statement and the Preliminary Prospectus and (ii) with respect to rights granted under this Agreement or the Investor Registration Agreement, no Person has the right to require the
Company or any of its subsidiaries to register any securities for sale under the Securities Act by reason of the filing of the Registration Statement with the SEC. 
  

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 (cc) No Stabilization. The Company has not taken, directly or indirectly, any action designed to
or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the shares of New Common Stock. 
 (dd) Business With Cuba. The Company has complied with all provisions of Section 517.075, Florida Statutes (Chapter 92-198, Laws of Florida) relating to doing business with the Government of Cuba or with any Person or Affiliate
located in Cuba. 
 (ee) Forward-Looking Statements. No forward-looking statement (within the meaning of Section 27A of the
Securities Act and Section 21E of the Exchange Act) contained in the Registration Statement or the Preliminary Prospectus, has been made or reaffirmed, without a reasonable basis or has been disclosed other than in good faith. 
 (ff) Statistical and Market Data. Nothing has come to the attention of the Company that has caused the Company to believe that the statistical and
market-related data included in the Registration Statement and the Preliminary Prospectus is not based on or derived from sources that are reliable and accurate in all material respects. 
 Article III. 
 Initial Trust Registration 
 3.1 Initial Registration Statement Prior to Issuance of Trust Shares. Subject to the terms and conditions set forth in this Agreement, the Company
shall use its reasonable best efforts to cause the Initial Registration Statement to be filed with the SEC not later than 45 days after approval by the Bankruptcy Court of the Equity Commitment Agreement and use its reasonable best efforts to cause
it to be declared effective by the SEC as promptly as practicable thereafter on an appropriate form under the Securities Act relating to the offer and sale of the Registrable Securities by the Trust from time to time in accordance with the methods
of distribution set forth in the Initial Registration Statement and Rule 415 under the Securities Act. Once the Initial Registration Statement is declared effective by the SEC, the Company shall use its reasonable best efforts to (i) cause the
Initial Registration Statement to remain continually effective, and supplemented and amended throughout the Required Period and (ii) file post-effective amendments on Form S-3 to the Initial Registration Statement (or convert the Initial
Registration Statement to be on Form S-3), as soon as the Company is eligible to use Form S-3 for secondary offerings. In the event the Initial Registration Statement is not effective at any time during the period beginning on the date hereof and
ending on the date that is two years following the last date on which a Call Agreement expires and the Company is unable to restore the effectiveness of such Initial Registration Statement within five Business Days after the same initially fails to
be effective, the Company shall, subject to the provisions of Section 6.1 and the other terms and conditions of this Agreement, use its reasonable best efforts to cause a replacement “shelf” Registration Statement (the
“Subsequent Registration Statement”) to be filed with the SEC as promptly as practicable after the end of such five Business Day period and use its reasonable best efforts to cause it to be declared effective by the SEC as promptly
as practicable thereafter. Once the Subsequent Registration Statement is declared effective by the SEC, the Company shall use its reasonable best efforts to (i) cause the Subsequent Registration Statement to remain continually effective, and
supplemented and amended throughout the Required Period and (ii) file post-effective amendments on Form S-3 to the Subsequent 
  

 16 

 Registration Statement (or convert the Subsequent Registration Statement to be on Form S-3), as soon as the Company is
eligible to use Form S-3 for secondary offerings. The Company’s obligations under this Section 3.1 are subject to the provisions of Article VI. In no event shall the Trust be named as a “selling securityholder” in
the Initial Registration Statement or in the Subsequent Registration Statement, unless and until it has requested to be so named in accordance with Section 3.2. 
 3.2 Initial Registration Procedures. 
 (a) The Trust shall be entitled to include all or any part of the Registrable Securities in the Initial Registration Statement, if it still is in effect at such time as the Trust desires to include Registrable Securities thereunder, or the
Subsequent Registration Statement, as the case may be, by sending written request to the Company to include the same (“Trust Shelf Offering”). Notwithstanding any other provision of this Agreement, the Trust may not include any of
its Registrable Securities in a Trust Shelf Offering pursuant to this Agreement unless the Trust shall provide to the Company a fully completed notice and questionnaire in substantially the form set forth in Exhibit A hereto (the
“Questionnaire”) and such other information in writing as may be reasonably requested by the Company pursuant to Section 7.2 (the “Additional Information”). From and after the date that the Initial
Registration Statement or the Subsequent Registration, as applicable, becomes effective, upon receipt of a completed Questionnaire and such Additional Information that the Company may reasonably request in writing (including any amendments to
any prior Questionnaire or Additional Information), if any, but in any event within three Business Days after the Company receives the completed Questionnaire and such Additional Information, if any, from the Trust the Company shall use its
reasonable best efforts to file any amendments or supplements to the Initial Registration Statement, Subsequent Registration Statement or Prospectus or the documents incorporated by reference therein necessary for the Registrable Securities that the
Trust requests to be included in the Initial Registration Statement or the Subsequent Registration Statement to be included therein and for the Trust to be named as a selling securityholder therein and permit the Trust to deliver (or be deemed to
deliver) the Prospectus to purchasers of the Registrable Securities (subject to the Company’s rights during a Blackout Period). If the Trust does not deliver a completed written Questionnaire and such Additional Information, as provided for in
this Section 3.2(a), the Trust shall not be named as a selling securityholder in the Prospectus until the Trust delivers the same and other periods called for by this Agreement shall have elapsed. If the Company shall file a
post-effective amendment to the Initial Registration Statement or the Subsequent Registration Statement, it shall use reasonable best efforts to cause such post-effective amendment to be declared effective under the Securities Act as promptly as is
reasonably practicable and notify the Trust as promptly as practicable after the effectiveness under the Securities Act of any post-effective amendment filed pursuant to this Article III. If the Questionnaire and Additional Information is
delivered by the Trust during a Blackout Period, the Company shall so inform the Trust and shall take the actions set forth in this Section 3.2(a) upon expiration of the Blackout Period as though the Trust’s Questionnaire and
Additional Information had been delivered on the expiration date of such Blackout Period. 
 (b) The Trust may, by written notice to the
Company, request that the Company take any reasonable steps necessary to assist and cooperate with the Trust to facilitate a Trust Shelf Offering, subject to the provisions of this Agreement. Such written notice shall 
  

 17 

 specify the number of shares of Registrable Securities proposed to be sold and shall also specify the intended method of
disposition thereof (and the Initial Registration Statement or Subsequent Registration Statement shall be amended by the Company to reflect the same). 
 Article IV. 
 Demand Registration 
 4.1 Right to Demand Registration. 
 (a) Subject to the terms of Section 4.1(d), at any time and from time to time, the Trust may request in writing that the Company effect the registration (a “Demand Registration”) of all or part of the
Trust’s Registrable Securities with the SEC under and in accordance with the provisions of the Securities Act (which written request shall be addressed to the Secretary of the Company, shall state that the request is for a Demand Registration
pursuant to this Section 4.1 and shall specify (i) the then current name and address of the Trust, (ii) the aggregate number of shares of Registrable Securities requested to be registered in such registration by the Trust,
(iii) the total number of shares of New Common Stock then held by the Trust, and (iv) the intended means of distribution). The Company shall file a Registration Statement covering the Trust’s Registrable Securities requested to be
registered as promptly as practicable (and, in any event, by the applicable Filing Date) after receipt of such request; provided, however, that the Company shall not be required to take any action pursuant to this Article IV:

 (i) if within the 12-month period preceding such request the Company has effected two Demand Registrations for the Trust pursuant to
Section 4.1(a); 
 (ii) in the case of a non-Underwritten Offering, unless the Registrable Securities requested to be registered
(A) have an aggregate then-current market value of $50 million or more (before deducting underwriting discounts and commission) or (B) constitute all of the then-outstanding Registrable Securities held (including shares subject to the
Collars) by the Trust; 
 (iii) in the case of an Underwritten Offering, unless the Registrable Securities requested to be registered
(A) have an aggregate then-current market value at the time of the request for a Demand Registration, of $75 million or more (before deducting underwriting discounts and commission) or (B) constitute all of the then-outstanding Registrable
Securities held (including shares subject to the Collars) by the Trust; or 
 (iv) during the pendency of any Blackout Period. 

(b) The Trust shall have the exclusive right to make a request for a Demand Registration for an Underwritten Offering (the “Exclusive Trust
Registration”) for a period (the “Exclusive Trust Period”) consisting of 60 days beginning on the latest of (i) the last date on which a Call Agreement expires, (ii) the date of the closing of the sale of Holder
Registrable Securities covered by a demand registration for an Underwritten Offering under the Investor Registration Agreement that is made pursuant to the last demand by the Investors made pursuant to Section 4.1(a) of the Investor
Registration Agreement made before the Cut-Off Date, or, if earlier, the withdrawal, revocation or termination of such demand registration by the Holders and 
  

 18 

 (iii) the end of any Lock-Up Period (which may not end later than 90 days after the effective date of such demand
registration) requested by the managing underwriter in connection with such demand registration for an Underwritten Offering by the Holders under the Investor Registration Agreement. 
 (c) Holders shall not be permitted to request any demand registrations under the Investor Registration Agreement for an Underwritten Offering for a
period beginning on the Cut-off Date and ending on (i) if the Trust does not, pursuant to this Agreement, request an Exclusive Trust Registration during the Exclusive Trust Period, the end of the Exclusive Trust Period and (ii) if the
Trust does request an Exclusive Trust Registration during the Exclusive Trust Period, the later of (x) the date on which the sale of the securities covered by the Exclusive Trust Registration closes, or if earlier, the withdrawal, revocation or
termination of the Exclusive Trust Registration solely by the Trust and (y) the end of any Lock-Up Period requested by the managing underwriter in connection with the Exclusive Trust Registration. The Holders shall be allowed to include in the
Exclusive Trust Registration at least the lesser of 25% of the shares of New Common Stock included in the Exclusive Trust Registration and the number of Qualified Holder Registrable Securities requested by the Holders to be included in the Exclusive
Trust Registration, in accordance with the terms of Section 4.4(b). 
 (d) If an Exclusive Holder Registration is requested
pursuant to the Investor Registration Agreement during the Exclusive Holder Period, the Trust shall not have a right to make a Demand Registration for an Underwritten Offering for the period beginning on the date the Holders make a written request
for an Exclusive Holder Registration and ending on the later of (i) the date on which the sale of securities covered by the Exclusive Holder Registration closes or, if earlier, the withdrawal, revocation or termination of the Exclusive Holder
Registration solely by the Holders and (ii) the end of any Lock-Up Period requested by the managing underwriter in connection with the Exclusive Holder Registration. The Trust shall be permitted to include in the Exclusive Holder Registration
at least the lesser of 25% of the shares of New Common Stock covered by the Exclusive Holder Registration and the number of shares of New Common Stock requested by the Trust to be included in the Exclusive Holder Registration in accordance with
Section 4.4 (b). Notwithstanding the foregoing, if the Trust does not on the date that the Holders request an Exclusive Holder Registration have at least $75 million of Trust Shares, this Section 4.1(d) shall not apply.

 (e) If at anytime there is no Company “shelf” Registration Statement outstanding with respect to Registrable Securities, the
Trust, in making such request hereunder, may specify that the requested registration be a “shelf registration” for an offering on a delayed or continuous basis pursuant to Rule 415 under the Securities Act and if there is such a
“shelf” Registration Statement outstanding at the time of making such request, the Trust may request that all or a portion of the Registrable Securities should be covered thereby, in which case the Company shall, subject to the
Trust’s compliance with the requirements of Section 3.2 and Section 7.2, amend (or take all requisite actions with respect to) such “shelf Registration Statement to include such Registrable Securities in such
“shelf” Registration Statement. 
 (f) A Demand Registration requested pursuant to Section 4.1 shall not be deemed to
be effected by the Company for purposes of Section 4.1 if it has not (i) been declared effective by the SEC or (ii) become effective in accordance with the Securities Act and kept 
  

 19 

 effective as contemplated by Section 4.2, subject to any Blackout Periods. If the Company shall have complied
with its obligations under this Agreement, a right to a Demand Registration pursuant to this Section 4.1 shall be deemed to have been satisfied upon the earlier of (x) the date as of which all of the Registrable Securities included
therein shall have been disposed of pursuant to the Registration Statement, and (y) the date as of which such Demand Registration shall have been continuously effective (and not subject to any stop order, injunction or other similar order or
requirement of the SEC) for the Required Period, subject to any Blackout Periods. 
 (g) In the event that more than one written request for
a Demand Registration pursuant to Section 4.1 and/or a demand registration under Section 4.1 of the Investor Registration Agreement is received by the Company on the same day, the Trust or Holder(s) making the request that
represents the largest number of shares of New Common Stock shall be deemed to be the demanding holder(s). 
 (h) Notwithstanding anything
contained in this Agreement to the contrary, if, on the latest date that a Call Agreement expires (the “Expiration Date”), (i) the Trust holds shares of New Common Stock and (ii) either (A) the Holders have requested a
demand registration for an Underwritten Offering under the Investor Registration Agreement but the corresponding registration statement (the “Call Expiration Registration Statement”) has not as of the Expiration Date been declared
effective by the SEC or (B) the Holders have requested a demand registration for an Underwritten Offering under the Investor Registration Agreement and a post-effective amendment to the Call Expiration Registration Statement is to be filed with
the SEC, then the Company shall on the Expiration Date or five days prior to the filing of any such post-effective amendment, send written notice to the Trust of such fact or filing, as applicable, and if the Trust delivers written notice to the
Company within five Business Days after the date it receives the Company’s notice that it desires to include shares of New Common Stock in the Call Expiration Registration Statement the Trust shall be entitled to require the Call Expiration
Registration Statement to be amended or supplemented to include, and the Company shall include in such Call Expiration Registration Statement, all of the shares of New Common Stock the Trust requests to be covered under the Call Expiration
Registration Statement (subject to the following provisions of this Section 4.1(h)). If the Call Expiration Registration Statement relates to an Underwritten Offering and the managing underwriter of the Underwritten Offering relating
thereto advises the Company, the Holders and the Trust in writing that the total amount of shares of New Common Stock requested to be registered therein (including those to be included by the Trust and the Holders), together with such other
securities that the Company and any Other Stockholders (other than the Holders) propose to include in such registration, is such as to adversely affect the successful marketing (including the pricing) of the securities included in such registration,
then the Company shall include in such registration all shares of New Common Stock requested to be included therein, up to the full amount (such amount the “Call Expiration Capacity”) that, in the view of such managing underwriter,
can be sold without adversely affecting the successful marketing (including the pricing) of the securities to be included in such registration and such shares shall be allocated as follows: (1) first, up to the full amount of Qualified Holder
Registrable Securities requested to be included therein allocated pro rata among the Holders participating in such Call Expiration Registration Statement, on the basis of the number of Qualified Holder Registrable Securities requested to be
included therein by such Holders; (2) second, up to the full amount of shares of New Common Stock of the Trust 
  

 20 

 requested to be included in the Call Expiration Registration Statement by the Trust; (3) third, up to the full
amount of any other Holder Registrable Securities held by any Holders requested to be included therein allocated pro rata among Holders participating in such Call Expiration Registration Statement, on the basis of the number of Holder
Registrable Securities requested to be included therein by such Holder; (4) fourth, up to the full amount of securities proposed to be included in the Call Expiration Registration Statement by the Company; and (5) fifth, up to the full
amount of securities requested to be included in such Call Expiration Registration Statement by the Other Stockholders (other than the Holders) in accordance with the priorities, if any, then existing among the Company and the Other Stockholders
(other than the Holders) so that the total amount of securities to be included in such Call Expiration Registration Statement is the Call Expiration Capacity; provided, that, the Trust shall be allowed to include in the Call Expiration
Registration Statement a minimum number of shares of New Common Stock equal to the lesser of (x) 50% of the Call Expiration Capacity (unless on the latest date that a Call Agreement expires, the Trust has less than 14 million shares of New
Common Stock, in which case the reference to “50%” above shall be to “25%”) and (y) the number of shares of New Common Stock the Trust requests to include in the Call Expiration Registration Statement. 
 4.2 Continuous Effectiveness of Registration Statement. 
 (a) The Company shall use its reasonable best efforts to keep a Registration Statement that has become effective as contemplated by Article III, this Article IV and Article V continuously
effective, and not subject to any stop order, injunction or other similar order or requirement of the SEC, until the earlier of (1) the expiration of the Required Period (subject to extension pursuant to Section 4.2(b) or
Section 7.3) or (2) the date on which all Registrable Securities covered by such Registration Statement shall (A) have been disposed of pursuant to such Registration Statement or (B) cease to be Registrable Securities;
provided, however, that in no event shall such period expire prior to the expiration of the applicable period referred to in Section 4(3) of the Securities Act and Rule 174 promulgated thereunder. 
 (b) In the event of any stop order, injunction or other similar order or requirement of the SEC relating to any Registration Statement or any Blackout
Period, the Required Period for such Registration Statement shall be extended by the number of days during which such stop order, injunction or similar order or requirement or Blackout Period is in effect. 
 4.3 Underwritten Demand Registration. 
 (a) In the event that a Demand Registration requested pursuant to Section 4.1 is to be an Underwritten Registration, the Trust shall in its reasonable discretion and with the consent of the Company (which consent shall not be
unreasonably withheld) select an investment banking firm of national standing to be the managing underwriter for the Underwritten Offering relating thereto. 
 (b) If so requested (pursuant to a timely written notice) by the managing underwriter for the Underwritten Offering relating thereto, the Company shall not effect any underwritten public sale or distribution of any
securities for its own account or the account of any Person not a party hereto or to the Investor Registration Agreement that are the same as, or similar to, the Registrable Securities, or any securities convertible into, or exchangeable or

  

 21 

 exercisable for, any securities of the Company that are the same as, or similar to, the Registrable Securities, during
the 15-day period prior to, and during the 90-day period after, the date a Registration Statement for such Underwritten Offering becomes effective (or, if later, the date of pricing of the Underwritten Offering) as specified by the managing
underwriter. 
 (c) If so requested by the managing underwriter for any Underwritten Offering pursuant to a demand registration hereunder or
the Investor Registration Agreement, but only if the Trust “beneficially owns” (as such term is defined under and determined pursuant to Rule 13d-3 under the Exchange Act) 5% or more of the outstanding shares of New Common Stock, the
Trust shall agree with such managing underwriter (such agreement, a “Lock-Up”), for a period (the “Lock-Up Period”) beginning on a date not earlier than five Business Days prior to the date of pricing of such
Underwritten Offering and ending not later than 90 days after the date of such pricing, to the effect that the Trust shall not, directly or indirectly (i) offer, pledge, sell, contract to sell, grant any options for the sale of, seek the
redemption of or otherwise transfer or dispose of (including pursuant to a registration statement) any shares of New Common Stock (or securities exchangeable or exercisable for any shares of New Common Stock held by the Trust, (ii) enter into a
transaction which would have the same effect, or enter into any swap, hedge or other arrangement that transfers, in whole or in part, any of the economic consequences of ownership of the shares of New Common Stock held by the Trust, whether any such
aforementioned transaction is to be settled by delivery of shares of New Common Stock or such other securities, in cash or otherwise, or (iii) publicly disclose the intention to make any such offer, sale, pledge, transfer or disposition, or to
enter into any such transaction, swap, hedge or other arrangement, so long as the directors and executive officers of the Company agree to such limits, except if the Trust, not later than 5 days following receipt of written notice from the Company
that the Company will be filing a Registration Statement (or a registration statement pursuant to the Investor Registration Agreement) within 15 days of such notice pursuant to a Demand Registration (or a demand registration made pursuant to the
Investor Registration Agreement) with respect to an Underwritten Offering, shall have irrevocably agreed, by delivering written notice to the Company, to terminate all of its rights under this Agreement, including under any outstanding shelf
Registration Statement; provided, neither this Section 4.3(c) nor any Lock-Up shall prohibit the Trust from exercising rights or complying with agreements entered into by the Trust prior to the commencement of such Lock-Up Period.

 4.4 Priority on Demand Registrations. 
 (a) [Intentionally Omitted] 
 (b) From and after the Cut-off Date, no securities to be sold for the account
of any Person (including the Company) other than the Trust or a Holder shall be included in a Demand Registration for an Underwritten Offering pursuant to Section 4.1 hereof or a demand registration for an Underwritten Offering under
Section 4.1 of the Investor Registration Agreement if the managing underwriter of the Underwritten Offering relating thereto advises the Company, the Trust or the Holders participating therein in writing that the total amount of Registrable
Securities and other securities requested to be registered thereunder, together with such other securities that the Company and any Other Stockholders propose to include in such registration, is such as to adversely affect the successful marketing
(including the pricing) of the securities included in such registration. If such managing underwriter provides such advice, then 
  

 22 

 the Company shall include in such registration Registrable Securities requested to be included therein and other
securities requested to be included therein of Other Stockholders, including the Holders, subject to the provisions of this Section 4.4(b), up to the full amount (such amount the “Capacity”) that, in the view of such
managing underwriter, can be sold without adversely affecting the successful marketing (including the pricing) of the securities included in such registration. If the number of shares to be included in any such registration is less than the
aggregate number of Registrable Securities requested by the Trust and other shares of New Common Stock requested by the Holders and Other Stockholders to be included therein, then the shares of New Common Stock to be included in such registration
shall be allocated among the Trust and such participating Holders and Other Stockholders as follows: 
 (i) if such Demand Registration is an
Exclusive Trust Registration made hereunder, the Company shall include in such registration: (1) first, up to the full amount of Trust Shares of the Trust requested to be included in such Exclusive Trust Registration by the Trust;
(2) second, up to the full amount of Qualified Holder Registrable Securities requested to be included therein allocated pro rata among the Holders participating in such Exclusive Trust Registration, on the basis of the number of
Qualified Holder Registrable Securities requested to be included therein by each such Holder; (3) third, up to the full amount of any other Holder Registrable Securities held by any Holders requested to be included therein allocated pro
rata among the Holders participating in such Exclusive Trust Registration, on the basis of the number of Holder Registrable Securities requested to be included therein by each such Holder; (4) fourth, up to the full amount of securities
proposed to be included in such Exclusive Trust Registration by the Company; and (5) fifth, up to the full amount of securities requested to be included in such Exclusive Trust Registration by the Other Stockholders (other than the Holders) in
accordance with the priorities, if any, then existing among the Company and the Other Stockholders (other than the Holders) so that the total amount of securities to be included in such Exclusive Trust Registration is the Capacity, provided,
that the participating Holders shall be allowed to include in the aggregate a minimum number of shares of New Common Stock in the Exclusive Trust Registration equal to the lesser of (x) 25% of the Capacity of the Exclusive Trust Registration
and (y) the number of shares of Qualified Holder Registrable Securities they request to include in such Exclusive Trust Registration; 
 (ii) if such demand registration is an Exclusive Holder Registration, the Company shall include in such registration: (1) first, up to the full amount of Qualified Holder Registrable Securities requested to be included therein
allocated pro rata among the Holders participating in such Exclusive Holder Registration, on the basis of the number of Qualified Holder Registrable Securities requested to be included therein by each such Holder; (2) second, up to the
full amount of Trust Shares of the Trust requested to be included in such Exclusive Holder Registration by the Trust; (3) third, up to the full amount of any other Holder Registrable Securities held by any Holders requested to be included
therein allocated pro rata among the Holders participating in such Exclusive Holder Registration, on the basis of the number of Holder Registrable Securities requested to be included therein by each such Holder; (4) fourth, up to the
full amount of securities proposed to be included in the Exclusive Holder Registration by the Company; and (5) fifth, up to the full amount of securities requested to be included in such Exclusive Holder Registration by the Other Stockholders
(other than the Holders) in accordance with the priorities, if any, then existing among the Company and the Other Stockholders (other than the Holders) so that the total amount of securities to be included 
  

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 in such Exclusive Holder Registration is the Capacity; provided that the Trust shall be allowed to include in the
Exclusive Holder Registration a minimum number of shares of New Common Stock equal to the lesser of (x) 25% of the Capacity of the Exclusive Holder Registration and (y) the number of shares of New Common Stock the Trust requests to include
in such Exclusive Holder Registration. Notwithstanding the foregoing, if the Trust does not, on the date that the Holders request an Exclusive Holder Registration, have at least $75 million of Trust Shares, this Section 4.4(b)(ii) shall
not apply. 
 (iii) subject to Section 4.1(h), if such Demand Registration (or demand registration under the Investor
Registration Agreement) for an Underwritten Offering is requested by the Trust or any Holder and is not an Exclusive Trust Registration or an Exclusive Holder Registration, the Company shall include in such registration: (1) first, up to the
full amount of shares of New Common Stock of the Trust and Qualified Holder Registrable Securities of the Holders requested to be included therein, allocated on a Pro Rata Basis (as defined below); (2) second, up to the full amount of Qualified
Holder Registrable Securities of the Holders requested to be included therein, allocated pro rata among the Holders participating in such Demand Registration, on the basis of the number of Qualified Holder Registrable Securities requested to
be included therein by each such Holder; (3) third, up to the full amount of any Non-Qualified Holder Securities held by any Holders requested to be included therein allocated pro rata among the Holders participating in such Demand
Registration, on the basis of the number of Non-Qualified Holder Securities requested to be included therein by each such Holder; (4) fourth, up to the full amount of securities proposed to be included in the registration by the Company; and
(5) fifth, up to the full amount of securities requested to be included in such Demand Registration by the Other Stockholders (other than the Holders) in accordance with the priorities, if any, then existing among the Company and the Other
Stockholders (other than the Holders) so that the total amount of securities to be included in such registration is the Capacity; provided, that the Trust shall be allowed to include in such registration a minimum number of Trust Shares equal
to the lesser of (x) 25% of the Capacity of such registration and the (ii) number of shares of New Common Stock it requests to include in such registration. The term “Pro Rata Basis” shall mean a pro rata allocation among
the Trust and the Holders participating in such registration, calculated on the basis of (1) the number of Trust Shares the Trust requests to include in such registration and (2) with respect to the Holders participating in such
registration, the number of the Qualified Holder Registrable Securities the Holders request to include in such registration. 
 (c)
Notwithstanding the foregoing, if, as a result of such pro-ration, the Trust shall not be entitled to include in a registration all shares of New Common Stock that it had requested to be included therein, then the Trust may elect to withdraw such
request to include its shares of New Common Stock in such Demand Registration (in which case such Demand Registration shall not count as a Demand Registration under Section 4.1(a)(i)); provided, however, any Holder or Holders with
at least $75 million in Registrable Securities may, if participating in such registration, request the Company to continue with such registration and if so requested the Company shall do so (including using its reasonable best efforts to cause such
registration to become effective and maintain its effectiveness for the Required Period). 
  

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 4.5 Revocation of Demand Registration. 
 (a) The Trust, if a registration is requested pursuant to Section 4.1(a), may, at any time prior to the Effective Date of the Registration
Statement relating to such registration, revoke its request to have Registrable Securities included therein by providing a written notice to the Company and, if the Company receives such written notice, subject to Section 4.5(b), it
shall not cause such Registration Statement to become effective under the Securities Act. 
 (b) In the event of any such revocation pursuant
to Section 4.5(a), any Holder or Holders with at least $75 million in Registrable Securities may (if participating in such registration) request the Company to continue with such registration and if such Holders provide such request the
Company shall do so (including using its reasonable best efforts to cause such registration to become effective and maintain its effectiveness for the Required Period). In the event the Trust revokes such request pursuant to
Section 4.5(a) and Holders with at least $75 million in Registrable Securities do not request the Company pursuant to Section 4.5(b) or 4.7 of the Investor Registration Agreement to continue such registration, at the
election of the Trust, either (a) the Trust shall reimburse the Company for all of its out-of-pocket expenses incurred in the preparation, filing and processing of the Registration Statement or (b) the requested registration that has been
revoked shall be deemed to have been effected for purposes of Section 4.1. 
 (c) In the event any Holder or Holders with at
least $75 million in Registrable Securities do request the Company to continue such registration pursuant to Section 4.5(b) or 4.7 of the Investor Registration Agreement, such registration shall not be a Demand Registration under
Section 4.1 and shall not effect calculations under Section 4.1(a)(i). 
 4.6 Withdrawal by the Trust. If
(a) a Blackout Period occurs after a request for a Demand Registration pursuant to Section 4.1 hereof but before the Registrable Securities of the Trust covered by such request are sold, transferred, exchanged or disposed in
accordance with such request, (b) the Trust is not entitled to include all of such Registrable Securities requested by the Trust in any offering, or (c) the Company has breached its obligations hereunder, then in any of such cases the
Trust may elect to withdraw from or revoke such offering by giving written notice to the Company and the underwriter, to the extent applicable, of the Trust’s request to withdraw or revoke prior to the effectiveness of the Registration
Statement filed with the SEC with respect to such Demand Registration and such registration shall not be a Demand Registration under Section 4.1(a)(i) and shall not effect calculations under Section 4.1(a)(i). If the Trust
withdraws from or revokes the proposed offering relating to a Demand Registration in accordance with the previous sentence, then (x) the Trust shall have no further rights to include its Registrable Securities in such Demand Registration,
(y) the Company shall cease all efforts to secure registration, and (z) the Company shall reimburse the Trust for all of its out-of-pocket expenses incurred in connection with such cancelled registration through the date of the written
notice of withdrawal or revocation; provided, however, that in the event the Trust withdraws or revokes such offering, any Holder or Holders with at least $75 million in Registrable Securities may (to the extent such Holder or Holders
are participating in such offering) request the Company to continue with such registration and if such Holders provide such request the Company shall do so (including using its reasonable best efforts to cause such registration to become effective
and maintain its effectiveness for the Required Period); provided, further, that any such Demand Registration Statement withdrawn or revoked by the Trust and completed for such Holder or Holders shall not affect the calculations under
Section 4(a)(i) or be a Demand Registration under Section 4.1(a)(i). 
  

 25 

 4.7 Withdrawal by the Holders. If the Holders withdraw from, revoke or terminate any proposed
offering relating to a demand registration made under the Investor Registration Agreement, then (a) the Company shall notify the Trust in writing of such withdrawal, termination or revocation promptly after such event and (b) the Trust
may, within five Business Days of its receipt of such written notice of withdrawal or revocation, request the Company to continue with such registration and, if such request is timely provided, the Company shall do so (and the Company shall use its
best efforts to cause such registration to become effective and maintain its effectiveness for the Required Period). 
 Article V. 

Piggyback Registration 
 5.1
Right to Piggyback. If the Company at any time proposes to file a registration statement under the Securities Act with respect to an offering (a “Piggyback Registration”) of any New Common Stock (other than a registration
statement (a) on Form S-8 or any successor form thereto, (b) on Form S-4 or any successor form thereto or (c) relating solely to a transaction under Rule 145 under the Securities Act), whether or not for its own account, on a form
that would permit registration of Registrable Securities for sale to the public under the Securities Act, then the Company shall give prompt written notice (the “Piggyback Notice”) of such proposed filing to the Trust at least 15
Business Days before the anticipated filing date. The Piggyback Notice shall include the number of shares of New Common Stock proposed to be registered, the proposed date of filing of such registration statement, any proposed means of distribution,
any proposed managing underwriter and a good faith estimate by the Company of the proposed maximum offering price as such price is proposed to appear on the facing page of such registration statement, subject to Section 5.2, use its
reasonable best efforts in order to provide the Trust with the opportunity to request to register such amount of Registrable Securities as the Trust may specify on the same terms and conditions as the registration of the Company’s or Other
Stockholders’ securities, as the case may be (a “Piggyback Registration”). The rights of the Trust under this Article V shall be subject to the provisions of Section 4.1(h) and Section 4.4(b), if
applicable. The Company shall use its reasonable best efforts to include in such Piggyback Registration all Registrable Securities for which the Company has received written requests from the Trust for inclusion within 10 Business Days after
delivery of the Piggyback Notice, subject to Section 5.2 and Section 7.2. The Company’s obligations under this Section 5.1 are subject to the provisions of Article VI. 
 5.2 Priority on Piggyback Registrations. If the Piggyback Registration is an Underwritten Offering, the Company shall use its reasonable best
efforts to cause the managing underwriter of that proposed offering to permit the Trust, to the extent it has requested that Registrable Securities be included in the Piggyback Registration to include all such Registrable Securities on the same
terms and conditions as the registration of the Company’s securities. Notwithstanding the foregoing, if the managing underwriter of such Underwritten Offering advises the Company and the Trust in writing that, in its view, the total amount of
shares of New Common Stock that the Company, the Trust and any Other Stockholders propose to include in 
  

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 such offering is such as to adversely affect the successful marketing (including the pricing) of the securities included
in such Underwritten Offering, then: 
 (i) if such Piggyback Registration is a primary registration by the Company for its own account, the
Company shall include in such Piggyback Registration: (A) first, up to the full amount of securities to be offered by the Company; (B) second, (1) up to the full amount of New Common Stock requested to be included in such Piggyback
Registration by the Trust pursuant to Section 5.1 of this Agreement and the Qualified Holder Registrable Securities of the Holders that they request to be included in such Piggyback Registration pursuant to Section 5.1 of the
Investor Registration Agreement, allocated among the Trust and the participating Holders on a Pro Rata Basis; (C) third, up to the full amount of any other Registrable Securities held by any Holders requested to be included therein allocated
pro rata among the Holders participating in such Piggyback Registration, on the basis of the number of Holder Registrable Securities requested to be included therein by each such Holder; and (D) fourth, up to the full amount of
securities requested to be included in such Piggyback Registration by any Other Stockholders (other than the Investors) in accordance with the priorities, if any, then existing among the Company and the Other Stockholders (other than the Investors)
so that the total amount of securities to be included in such Underwritten Offering is the full amount that, in the view of such managing underwriter, can be sold without adversely affecting the successful marketing (including pricing) of the
securities included in such Underwritten Offering; provided, that the Trust shall be allowed to include in such Piggyback Registration a minimum number of shares of New Common Stock equal to at least the lesser of (x) 25% of the number
of shares of New Common Stock covered by such registration and (y) the number of shares of New Common Stock it requests to include in such registration; and 
 (ii) if such Piggyback Registration is an underwritten secondary registration for the account of holders of securities of the Company, the Company shall include in such registration: (A) first, up to the full
amount of securities of the Persons exercising “demand” registration rights requested to be included therein; (B) second, up to the full amount of shares of New Common Stock requested to be included in such Piggyback Registration by
the Trust pursuant to Section 5.1 of this Agreement and the Qualified Holder Registrable Securities of the Holders that they request to be included in such Piggyback Registration pursuant to Section 5.1 of the Investor Registration
Agreement, allocated among the Trust and such Holders on a Pro Rata Basis; (C) third, up to the full amount of any other Holder Registrable Securities held by any Holders requested to be included therein allocated pro rata among the
Holders participating in such Piggyback Registration, on the basis of the number of Holder Registrable Securities requested to be included therein by each such Holder; (D) fourth, up to the full amount of securities proposed to be included in
the registration by the Company; and (E) fifth, up to the full amount of securities requested to be included in such Piggyback Registration by the Other Stockholders (other than the participating Holders) in accordance with the priorities, if
any, then existing among the Company and the Other Stockholders (other than the participating Holders) so that the total amount of securities to be included in such Underwritten Offering is the full amount that, in the view of such managing
underwriter, can be sold without adversely affecting the success of such Underwritten Offering; provided, that the Trust shall be allowed to include in such registration a minimum number of shares of New Common Stock equal to at least the
lesser of (x) 25% of the number of shares of New Common Stock covered by such registration and (y) the number of shares of New Common Stock it requests to include in such registration. The rights of the Trust under this
Section 5.2(ii) shall be subject to the provisions of Section 4.1(h) and Section 4.4(b), if applicable. 
  

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 5.3 Withdrawal of Piggyback Registration. 
 (a) Subject to Section 4.7, if at any time after giving the Piggyback Notice and prior to the effective date of the Registration Statement
filed in connection with the Piggyback Registration, the Company determines for any reason not to register or to delay the Piggyback Registration, the Company may, at its election, give notice of its determination to the Trust, and in the case of a
determination not to register, shall be relieved of its obligation to register any Registrable Securities in connection with the abandoned Piggyback Registration, without prejudice, provided, however, that such Registration Statement
shall not be counted for purposes of Section 4.1. 
 (b) The Trust, if it requests to include Registrable Securities in a
Piggyback Registration, may withdraw its request for inclusion by giving written notice to the Company of its intention to withdraw from that registration, provided, however, that (i) the Trust’s request be made in writing
and (ii) the withdrawal shall be irrevocable and, after making the withdrawal, the Trust shall no longer have any right to include its Registrable Securities in that Piggyback Registration. 
 (c) Subject to Section 4.7, an election by the Company to withdraw a Piggyback Registration under this Section 5.3 shall not be
deemed to be a breach of the Company’s obligations with respect to such Piggyback Registration. 
 5.4 Exclusive Periods. From
and after the date hereof through the end of the later of the Exclusive Trust Period and the Exclusive Holder Period, the Company shall not effect a registration of securities under the Securities Act for its own account or the account of any Person
who is not a party hereto or a party to the Investor Registration Agreement (other than (a) on Form S-8 or any successor form thereto, (b) on Form S-4 or any successor form thereto or (c) relating solely to a transaction under Rule
145 of the Securities Act). 
 Article VI. 
 Blackout Period 
 6.1 Initial Registration, Demand and Piggyback Blackout. Notwithstanding any other provision of
this Agreement to the contrary, if the Board of Directors of the Company determines in good faith that the registration and distribution of Registrable Securities (a) would materially impede, delay or interfere with, or require premature
disclosure of, any material financing, offering, acquisition, corporate reorganization or other significant transaction, or any negotiations, discussions or pending proposals with respect thereto, involving the Company or any of its subsidiaries or
(b) would require disclosure of non-public material information, the disclosure of which would materially and adversely affect the Company, the Company shall (i) be entitled to postpone the preparation, filing or effectiveness or suspend
the effectiveness of a Registration Statement and/or the use of any resale Prospectus for a reasonable period of time not to exceed 45 days and (ii) promptly give the Trust notice of such postponement or suspension (which notice need not
specify the nature of the event giving rise to such suspension). 
  

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 6.2 Blackout Period Limits. Notwithstanding anything contained in this Article VI to the
contrary, the Company shall not be entitled to more than three Blackout Periods during any consecutive 12-month period, and in no event shall the number of days included in all Blackout Periods during any consecutive 12-month period exceed an
aggregate of 90 days and in no event shall the Company be entitled to postpone the preparation, filing or effectiveness or suspend the effectiveness of a Registration Statement and/or the use of any resale Prospectus included in a Registration
Statement pursuant to this Article VI unless it postpones or suspends during the Blackout Period the effectiveness of any registration statements required pursuant to the registration rights of the Other Stockholders. In the event of the
occurrence of any Blackout Period, during any Required Period, Exclusive Trust Period, or Exclusive Holder Period, as the case may be, the same shall be extended by the number of days during which such Blackout Period is in effect. 
 Article VII. 
 Procedures and Expenses

 7.1 Registration Procedures. In connection with the Company’s registration obligations pursuant to Articles III,
IV and V the Company shall use its reasonable best efforts to effect such registrations to permit the sale of Registrable Securities by the Trust in accordance with the intended method or methods of disposition thereof, and pursuant
thereto the Company shall as promptly as reasonably practicable: 
 (a) prepare and file with the SEC a Registration Statement on an
appropriate form under the Securities Act available for the sale of the Registrable Securities by the Trust in accordance with the intended method or methods of distribution thereof; provided, however, that the Company shall
(i) before filing, furnish to one firm of counsel for the Trust (selected by the Trust in accordance with Section 7.4) and the managing underwriter, if any, within a reasonable period of time (but in any event at least three
Business Days) prior to the filing thereof with the SEC to afford to such counsel, the Trust, the managing underwriter and its counsel a reasonable opportunity for review, copies of the Registration Statement or Prospectus proposed to be filed, and
(ii) reflect in each such document, when so filed with the SEC, such written comments as such counsel to the Trust and the managing underwriter may reasonably propose; 
 (b) furnish, at its expense, to the Trust such number of conformed copies of the Registration Statement and each amendment thereto, of the Prospectus and
each supplement thereto, and of such other documents as the Trust reasonably may request in writing from time to time; 
 (c) subject to
Section 4.2 and Article VI, prepare and file with the SEC any amendments and post-effective amendments to the Registration Statement as may be necessary and any supplements to the Prospectus as may be required or appropriate,
in the view of the Company and its counsel, by the rules, regulations or instructions applicable to the registration form used by the Company or by the Securities Act to keep the Registration Statement effective until the earlier of (i) such
time as all shares of New Common Stock covered by the Registration Statement cease to be Registrable Securities and (ii) the termination of the Required Period (giving effect to any extensions thereof pursuant to Section 4.2(b),
Section 6.2 or Section 7.3); 
  

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 (d) promptly following its actual knowledge thereof (but in any event within two Business Days), notify
the Trust and the managing underwriter, in writing, if any: 
 (i) when a Registration Statement, Prospectus, Issuer Free Writing Prospectus
or any supplement or amendment has been filed and, with respect to a Registration Statement or any post-effective amendment, when the same has become effective; 
 (ii) of any request by the SEC or any other governmental authority for amendments or supplements to a Registration Statement, Prospectus or Issuer Free Writing Prospectus or for additional information; 
 (iii) of the issuance by the SEC or any other governmental authority of any stop order suspending the effectiveness of a Registration Statement or the
initiation of any proceedings for that purpose; 
 (iv) of the receipt by the Company of any written notification with respect to the
suspension of the qualification or exemption from qualification of the Registrable Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; 
 (v) of the occurrence of any event during the period a Registration Statement is effective which makes any statement made in the Registration Statement
or the Prospectus or any Issuer Free Writing Prospectus untrue in any material respect or which requires the making of any changes in such Registration Statement, Prospectus or Issuer Free Writing Prospectus so that such Registration Statement,
Prospectus or Issuer Free Writing Prospectus shall not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the
circumstances under which they were made, not misleading (provided, however, that no notice by the Company shall be required pursuant to this Section 7.1(d)(v) in the event that the Company either promptly files a Prospectus
supplement to update the Prospectus or an appropriate Exchange Act report that is incorporated by reference into the Registration Statement, which, in either case, contains the requisite information that results in such Registration Statement no
longer containing any untrue statement of a material fact or omitting to state a material fact necessary to make the statements therein or in light of the circumstances under which they were made, not misleading); and 
 (vi) of the Company’s reasonable determination that a post-effective amendment to a Registration Statement would be required by applicable law (in
which case the Company shall file the same as soon as practicable after such determination and use its reasonable best efforts to cause the same to become effective as soon as practicable following filing); 
 (e) use its reasonable best efforts to prevent the issuance of or obtain the withdrawal of any order suspending the effectiveness of a Registration
Statement, or the lifting of any suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, at the earliest practicable date or, if any such order or suspension is made
effective during any Blackout Period, at the earliest practicable date after the Blackout Period; 
  

 30 

 (f) prior to any public offering of Registrable Securities, use reasonable efforts to register or
qualify, or cooperate with the Trust, or counsel retained by the Trust in accordance with Section 7.4, the managing underwriter, if any, and its counsel in connection with the registration or qualification (or exemption from such
registration or qualification) of such Registrable Securities for offer and sale under the securities or blue sky laws of such jurisdictions within the United States as such counsel for the Trust covered by a shelf Registration Statement or the
managing underwriter of an Underwritten Offering of Registrable Securities reasonably requests in writing and do such other acts and things as may be reasonably necessary to maintain each such registration or qualification (or exemption therefrom)
effective during the Required Period for such Registration Statement; provided, however, that the Company shall not be required to qualify generally to do business or as a dealer in securities in any jurisdiction in which it is not
then so qualified or take any action which would subject it to general service of process or taxation in any jurisdiction in which it is not then so subject; 
 (g) subject to Section 4.2 and Article VI, as promptly as reasonably practicable after the occurrence of any event contemplated by Sections 7.1(d)(v) or 7.1(d)(vi) hereof, use its
reasonable best efforts to prepare (and furnish at its expense, subject to any notice by the Company in accordance with Section 7.1(d), to the Trust a reasonable number of copies of) a supplement or post-effective amendment to the applicable
Registration Statement or a supplement to the related Prospectus (including by means of an Issuer Free Writing Prospectus), or file any other required document so that, as thereafter delivered to the purchasers of the Registrable Securities being
sold thereunder, such Prospectus or Issuer Free Writing Prospectus shall not contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the
circumstances under which they were made, not misleading; 
 (h) enter into such agreements (including an underwriting agreement), in usual
and customary form, and take such other actions as may be reasonably requested by the Trust or the managing underwriter, if any, to expedite the offer for sale or disposition of the Registrable Securities, and in connection therewith, upon such
request and upon the date of closing of any sale of Registrable Securities in such Underwritten Registration: 
 (i) use its reasonable best
efforts to obtain opinions of counsel to the Company (such counsel being reasonably satisfactory to the managing underwriter, if any) and updates thereof covering matters customarily covered in opinions of counsel in connection with Underwritten
Offerings, addressed to the Trust and the managing underwriter; 
 (ii) use its reasonable best efforts to obtain customary
“comfort” letters from the independent certified public accountants of the Company (to the extent deliverable in accordance with their professional standards) addressed to the Trust (to the extent consistent with Statement on Auditing
Standards No. 100 of the American Institute of Certified Public Accountants) and the managing underwriter, if any, in customary form and covering matters of the type customarily covered in “comfort” letters in connection with
Underwritten Offerings; and 
  

 31 

 (iii) provide officers’ certificates and other customary closing documents customarily delivered in
connection with Underwritten Offerings and any reasonably requested by the managing underwriter, if any; 
 provided that the Company shall only be
required to comply with this clause (h): (x) in connection with an Underwritten Offering, (y) on the initial effective date of any Registration Statement and (z) on the date of filing of each of the Company’s reports on Form 10-K
with the SEC; provided, further, that with respect to clauses (y) and (z), the Company shall not be required to comply with this clause (h) any more than two times in any 12-month period in connection with Demand Registrations made
pursuant to this Agreement. 
 (i) upon reasonable notice and at reasonable times during normal business hours, make reasonably available for
inspection by a representative of the Trust, one firm of counsel for the Trust retained in accordance with Section 7.4, the managing underwriter, if any, participating in any disposition of Registrable Securities and its counsel and any
single accountant retained by the Trust or any such underwriter, all financial and other records, pertinent corporate documents and properties of the Company, and cause the appropriate officers, directors and employees of the Company to make
reasonably available for such inspection all such relevant information reasonably requested in writing by them in connection with the Registration Statement as is customary for “due diligence” investigations; provided that such
Persons shall first agree in writing with the Company that any information that is reasonably designated by the Company as confidential at the time of delivery shall be kept confidential by such Persons and shall be used solely for the purposes of
exercising rights under this Agreement and such Person shall not engage in trading any securities of the Company until such material non-public information becomes properly available, except nothing in such writing shall restrict (i) disclosure
of such information if it is required by court or administrative order or is necessary to respond to inquiries of regulatory authorities, (ii) disclosure of such information if it is required by law (including any disclosure requirements
pursuant to federal or state securities laws in connection with any disposition of Registrable Securities), (iii) sharing information with other underwriters, agents or dealers participating in the disposition of any Registrable Securities,
subject to the execution by such other underwriters, agents or dealers of reasonable non-disclosure agreements with the Company, (iv) using any such documents or other information in investigating or defending itself against claims made or
threatened by purchasers, regulatory authorities or others in connection with the disposition of any Registrable Securities, (v) disclosure of such information if it becomes generally available to the public other than as a result of a
disclosure or failure to safeguard by any such Person or (vi) disclosure of such information if it becomes available to any such Person from a source other than the Company and such source is not bound by a confidentiality agreement or
confidentiality obligations or duties; and provided, further, that the foregoing inspection and information gathering shall, to the greatest extent possible, be coordinated on behalf of the Trust and the other parties entitled thereto
by the counsel to the Trust retained in accordance with Section 7.4 or the counsel to the managing underwriter, if any; 
 (j)
use its reasonable best efforts to comply with all applicable rules and regulations of the SEC relating to such registration and make generally available to its securityholders earning statements satisfying the provisions of Section 11(a) of
the Securities Act, provided that the Company shall be deemed to have complied with this Section 7.1(j) if it has satisfied the provisions of Rule 158 under the Securities Act (or any similar rule promulgated under the Securities
Act); 
  

 32 

 (k) use reasonable best efforts to cause all Registrable Securities covered by the applicable
Registration Statement if the New Common Stock is then listed on the NYSE or quoted on the NASDAQ to continue to be so listed or quoted for a reasonable period of time after the offering; 
 (l) use its reasonable best efforts to procure the cooperation of the Company’s transfer agent in settling any offering or sale of Registrable
Securities; 
 (m) use its reasonable best efforts to provide such information as may be reasonably required for any filings required to be
made by the Trust or managing underwriter, if any, with the National Association of Securities Dealers, Inc. (the “NASD”) in connection with the offering under any Registration Statement of the Registrable Securities (including,
without limitation, such as may be required by NASD Rule 2710 or 2720), and, upon the written request of the Trust, shall use reasonable best efforts to cooperate in connection with any filings required to be made with the NASD in that regard on or
prior to the filing of any Registration Statement; and 
 (n) use its reasonable best efforts to assist the Trust in the marketing of such
Registrable Securities in connection with Demand Registrations (including without limitation, having officers of the Company attend “road shows” for Underwritten Offerings and analyst or investor presentations and rating agency
presentations and such other selling or informational activities requested by the Trust or the managing underwriter for such Offerings). 
 7.2 Information from Trust; Trust’s Obligations. 
 (a) It shall be a condition precedent to the obligations of the
Company to include the Registrable Securities of the Trust in any Registration Statement or Prospectus, as the case may be, that the Trust shall take the actions described in this Section 7.2. 
 (b) The Trust, to the extent it has requested inclusion of its Registrable Securities in any Registration Statement, shall furnish to the Company (as a
condition precedent to the Trust’s participation in such registration) a Questionnaire. The Trust agrees promptly to furnish to the Company in writing all information required to be disclosed in order to make the information previously
furnished to the Company by the Trust, in light of the circumstances under which it was made, not misleading, any other information regarding the Trust and the distribution of such Registrable Securities as may be required to be disclosed in the
Prospectus or Registration Statement under applicable law or pursuant to SEC comments and any information otherwise reasonably required by the Company to comply with applicable law or regulations. 
 (c) The Trust shall promptly (i) following its actual knowledge thereof, notify the Company of the occurrence of any event that makes any statement
made in a Registration Statement, Prospectus, Issuer Free Writing Prospectus or other Free Writing Prospectus regarding the Trust untrue in any material respect or that requires the making of any changes in a Registration Statement, Prospectus or
Free Writing Prospectus so that, regarding the Trust, it shall not contain any untrue statement of a material fact or omit any material fact required to be 
  

 33 

 stated therein or necessary to make the statements, in light of the circumstances under which they were made, not
misleading and (ii) provide the Company with such information as may be required to enable the Company to prepare a supplement or post-effective amendment to any such Registration Statement or a supplement to such Prospectus or Free Writing
Prospectus. 
 (d) With respect to any Registration Statement for an Underwritten Offering, the inclusion of the Trust’s Registrable
Securities therein shall be conditioned, at the managing underwriter’s request, upon the execution and delivery by the Trust of an underwriting agreement; provided that the underwriting agreement is in customary form and reasonably
acceptable to Company and the Trust. 
 (e) The Trust shall use commercially reasonable efforts to cooperate with the Company in preparing
the applicable registration. 
 (f) The Trust agrees that it shall not be entitled to sell any of its Registrable Securities pursuant to a
Registration Statement or to receive a Prospectus relating thereto unless the Trust has furnished the Company with the Questionnaire and Additional Information relating to the Trust. 
 7.3 Suspension of Disposition. 
 (a)
The Trust agrees by acquisition of a Registrable Security that, upon receipt of any written notice from the Company of the occurrence of any event of the type described in Sections 7.1(d)(ii), 7.1(d)(iii), 7.1(d)(iv),
7.1(d)(v) or 7.1(d)(vi), the Trust shall discontinue disposition of Registrable Securities covered by a Registration Statement, Prospectus or Free Writing Prospectus and suspend use of such Prospectus or Free Writing Prospectus until
the Trust’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 7.1(g) or until it is advised by the Company in writing that the use of the applicable Prospectus or Free Writing Prospectus may be
resumed and have received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus or Free Writing Prospectus. In the event the Company shall give any such notice, the period
of time for which a Registration Statement must remain effective pursuant to this Agreement shall be extended by the number of days during the time period from and including the date of the giving of such notice to and including the date when the
Trust has received (i) the copies of the supplemented or amended Prospectus or Issuer Free Writing Prospectus contemplated by Section 7.1(g) or (ii) the advice referenced in this Section 7.3(a). 
 (b) The Trust shall be deemed to have agreed that, upon receipt of any notice from the Company contemplated by Section 6.1, the Trust shall
discontinue disposition of Registrable Securities covered by a Registration Statement, Prospectus or Free Writing Prospectus and suspend use of such Prospectus or Free Writing Prospectus until the earlier to occur of the Trust’s receipt of
(i) copies of a supplemented or amended Prospectus or Issuer Free Writing Prospectus and (ii)(A) written notice from the Company that the use of the applicable Prospectus or Issuer Free Writing Prospectus may be resumed and (B) copies
of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus or Issuer Free Writing Prospectus; provided, however, that in no event shall the number of days during which
the offer and sale of Registrable Securities is discontinued pursuant 
  

 34 

 to this Section 7.3(b) during any consecutive 12-month period, together with any other Blackout Periods in
such consecutive 12-month period, exceed an aggregate of ninety (90) days. In the event the Company gives any such notice contemplated by Section 6.1, the period of time for which a Registration Statement must remain effective
pursuant to this Agreement shall be extended by the number of days during the time period from and including the date of giving of such notice to and including the date when the Trust receives (i) the supplemented or amended Prospectus or
Issuer Free Writing Prospectus or (ii) written notice from the Company that use of the applicable Prospectus or Issuer Free Writing Prospectus may resume. 
 (c) If so requested by the Company, the Trust shall deliver to the Company all copies in the Trust’s possession, other than permanent file copies then in the Trust’s possession or as may be required to be
retained in accordance with applicable law, of the Prospectus covering such Registrable Securities that was current at the time of receipt of notice from the Company of any suspension contemplated by this Section 7.3. 
 7.4 Registration Expenses. 
 (a) All
fees and expenses incurred by the Company in complying with Articles III, IV and V and Section 7.1 (“Registration Expenses”) shall be borne by the Company. These fees and expenses shall include
without limitation (i) all registration, filing and qualification fees, including fees made with the NASD, (ii) printing, duplicating and delivery expenses, (iii) fees and disbursements of counsel for the Company, (iv) fees and
expenses of complying with state securities or “blue sky” laws (including the reasonable, documented fees and expenses of the counsel specified in Section 7.4(b) in connection therewith), (v) fees and disbursements of all
independent certified public accountants referred to in Section 7.1(h)(ii) (including the expenses of any special audit and “comfort” letters required by or incident to such performance) and (vi) fees and expenses in
connection with listing the Registrable Securities on the NYSE or quoting the Registrable Securities on the NASDAQ or any other exchange or automated trading system in accordance with the other terms of this Agreement. 
 (b) The Company shall also reimburse or pay, as the case may be, the reasonable fees and reasonable out-of-pocket expenses of one law firm (which shall
be a nationally recognized law firm experienced in securities law matters) retained by the Trust in connection with the registration of Registrable Securities, within 30 days of presentation of an invoice approved by the Trust. 
 (c) Notwithstanding anything contained herein to the contrary, all underwriting fees, discounts, selling commissions and stock transfer taxes applicable
to the sale of Registrable Securities owned by the Trust shall be borne by the Trust. 
 Article VIII. 
 Indemnification 
 8.1
Indemnification by the Company. The Company agrees to indemnify and hold harmless the Trust with respect to Registrable Securities registered pursuant to this Agreement, the Trust’s Affiliates, and their respective trustees, officers,
directors, employees and agents, and each Person, if any, who controls the Trust within the meaning of either Section 15 of the 
  

 35 

 Securities Act or Section 20 of the Exchange Act, from and against any and all losses, claims, damages and
liabilities (including without limitation, subject to Section 8.3, the reasonable legal fees and other reasonable out-of-pocket expenses incurred in investigating, responding to or defending against any claim, challenge, litigation,
investigation or proceeding, including without limitation, all costs of appearing as a witness in any claim, challenge, litigation, investigation or proceeding) caused by any untrue statement or alleged untrue statement of a material fact contained
in any Registration Statement pursuant to which any Registrable Securities were registered under the Securities Act, Prospectus or preliminary prospectus or Issuer Free Writing Prospectus, or any amendment thereof or supplement thereto, or caused by
any omission or alleged omission to state therein a material fact required to be stated therein or necessary, in the case of any Prospectus or Issuer Free Writing Prospectus, in light of the circumstances under which they were made, to make the
statements therein not misleading, except insofar as such losses, claims, damages or liabilities are caused by any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with information relating
to the Trust furnished to the Company in writing by the Trust expressly for use therein; provided, however, that the Company shall not be liable in any such case to the extent that any such loss, claim, damage, liability (or action or
proceeding in respect thereof) or expense arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in such Registration Statement, Prospectus, amendment, supplement or Free Writing
Prospectus in reliance upon and in conformity with written information furnished to the Company by the Trust or any other Person who participates as an underwriter in the offering or sale of such securities, in either case specifically stating that
it is for use in the preparation thereof. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Trust or any such underwriter or controlling Person and shall survive the transfer of such
securities by the Trust. 
 8.2 Indemnification by the Trust. The Trust agrees, severally and not jointly, to indemnify and hold
harmless, the Company, the directors, and officers of the Company and each Person, if any, who controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, to the same extent as the
foregoing indemnity contained in Section 8.1 from the Company to the Trust, as incurred, but only with respect to information relating to the Trust furnished to the Company in writing by the Trust expressly for use in any Registration
Statement, Prospectus or preliminary prospectus or Issuer Free Writing Prospectus, or any amendment or supplement thereto. 
 8.3 Conduct
of Indemnification Proceedings. If any claim, challenge, litigation, investigation or proceeding (including any governmental or regulatory investigation) shall be brought or asserted against any Person in respect of which indemnity may be sought
pursuant to either of Section 8.1 or Section 8.2, such Person (the “Indemnified Person”) shall promptly notify the Person against whom such indemnity may be sought (the “Indemnifying Person”) in writing;
provided that (i) the omission to so notify the Indemnifying Party shall not relieve it from any liability that it may have hereunder except to the extent it has been materially prejudiced by such failure and (ii) the omission to so
notify the Indemnifying Person shall not relieve it from any liability that it may have to an Indemnified Person otherwise than on account of this Article VIII. In case any such claim, challenge, litigation, investigation or proceeding is
brought against any Indemnified Person and it notifies the Indemnifying Party of the commencement thereof, the Indemnifying Person shall be entitled to participate therein and, to 
  

 36 

 the extent that it may elect by written notice delivered to such Indemnified Person, to assume the defense thereof and
retain counsel reasonably satisfactory to the Indemnified Person to represent the Indemnified Person and any others the Indemnifying Person may designate in such proceeding and shall pay the reasonable fees and expenses of such counsel related to
such proceeding. In any such proceeding, any Indemnified Person shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Person unless (i) the Indemnifying Person and
the Indemnified Person shall have mutually agreed in writing to the contrary, (ii) the Indemnifying Person shall have failed within a reasonable time to retain counsel reasonably satisfactory to the Indemnified Person as contemplated by the
preceding sentence or (iii) the named parties in any such proceeding (including any impleaded parties) include both the Indemnifying Person and the Indemnified Person and representation of both parties by the same counsel would be inappropriate
due to actual or potential conflicts of interests between them. It is understood that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for the fees and expenses of more
than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such fees and expenses shall be reimbursed as they are incurred. Any such separate firm for the Trust and such control Persons of the Trust shall be
designated in writing by the Trust and any such separate firm for the Company, the directors and officers of the Company and such control Persons of the Company shall be designated in writing by the Company. The Indemnifying Person shall not be
liable for any settlement of any pending or threatened proceeding effected without its prior written consent (which consent shall not be unreasonably withheld), but if settled with such consent or if there be a final judgment for the plaintiff, the
Indemnifying Person agrees to indemnify in accordance with, and subject to the limitations of, Section 8.1 and Section 8.2 above, as the case may be, any Indemnified Person from and against any loss or liability by reason of
such settlement or judgment. Notwithstanding anything in this Article VIII to the contrary, if at any time an Indemnified Person shall have requested the Indemnifying Party to reimburse such Indemnified Person for legal or other expenses in
connection with investigating, responding to or defending any Proceedings as contemplated by this Article VIII, the Indemnifying Party shall be liable for any settlement of any Proceedings effected without its written consent if (i) such
settlement is entered into more than (x) 60 days after receipt by the Indemnifying Party of such request for reimbursement and (y) 30 days after receipt by the Indemnified Party of the material terms of such settlement and (ii) the
Indemnifying Party shall not have reimbursed such Indemnified Person in accordance with such request prior to the date of such settlement. No Indemnifying Person shall, without the prior written consent of the Indemnified Persons (which consent
shall not be unreasonably withheld), effect any settlement of any pending proceeding in respect of which any Indemnified Person is a party or of any threatened proceeding in respect of which any Indemnified Person could have been a party and
indemnity could have been sought hereunder by such Indemnified Person, unless such settlement (i) includes an unconditional release of such Indemnified Person from all liability on claims that are the subject matter of such proceeding and
(ii) does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any Indemnified Person. 
 8.4 Contribution, etc. 
 (a) If the indemnification provided for in this Article VIII is
unavailable to an Indemnified Person or insufficient in respect of any losses, claims, damages or liabilities referred 
  

 37 

 to therein, then each Indemnifying Person under such paragraph, in lieu of indemnifying such Indemnified Person
thereunder, shall contribute to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company
on the one hand and the Trust on the other hand with respect to the sale by the Trust of Registrable Securities or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate
to reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Company on the one hand and of the Trust on the other in connection with the statements or omissions that resulted in such losses,
claims, damages or liabilities, as well as any other relevant equitable considerations. Benefits received by the Company shall be deemed to be equal to the total value received or proposed to be received (before deducting expenses) by the Company in
connection with the transactions contemplated by the Amended Plan and in connection with the extinguishment of the beneficiaries of the Trust’s claims against the Company in accordance with the Amended Plan. Benefits received by the Trust shall
be deemed to be equal to the value of having the Registrable Securities registered under the Securities Act. The relative fault of the Company on the one hand and the Trust on the other shall be determined by reference to, among other things,
whether any untrue or any alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company or by the Trust and the parties’ relevant intent, knowledge,
information and opportunity to correct or prevent such statement or omission. 
 (b) The Company and the Trust agree that it would not be
just and equitable if contribution pursuant to this Article VIII were determined by pro rata allocation or any other method of allocation that does not take account of the equitable considerations referred to in this
Section 8.4. The amount paid or payable by an Indemnified Person as a result of losses, claims, damages and liabilities referred to in this Section 8.4 shall be deemed to include, subject to the limitations set forth in
Sections 8.1, 8.2 and 8.3 above, any reasonable legal or other reasonable out-of-pocket expenses incurred by such Indemnified Person not otherwise reimbursed in connection with investigating or defending any such action or
claim. Notwithstanding the provisions of this Article VIII, in no event shall the Trust be required to contribute any amount in excess of the amount by which the total amount received by the Trust with respect to its sale of Registrable
Securities pursuant to any Registration Statement exceeds the amount of any damages that the Trust has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No Person guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 
 (c) The remedies provided for in this Article VIII are not exclusive and shall not limit any rights or remedies which may otherwise be available
to any Indemnified Party at law or in equity. 
 (d) The indemnity and contribution agreements contained in this Article VIII shall
remain operative and in full force and effect regardless of (i) any termination of this Agreement, (ii) any investigation made by or on behalf of the Trust or any Person controlling the Trust or by or on behalf of the Company, the officers
or directors of each of the Company or any other Person controlling the Company and (iii) the sale by the Trust of Registrable Securities covered by any Registration Statement. 
  

 38 

 Article IX. 
 Free Writing Prospectuses 
 Except a Prospectus, and Issuer Free Writing Prospectus or other material
prepared by the Company, the Trust represents and agrees that it (i) shall not make any offer relating to the Registrable Securities that would constitute an Issuer Free Writing Prospectus or that would otherwise constitute a Free Writing
Prospectus, and (ii) has not distributed and will not distribute any written materials in connection with the offer or sale of Registrable Securities, in each case without the prior written consent of the Company and, in connection with any
Underwritten Offering, the underwriters. The Company represents and agrees that it shall not make any offer relating to the Registrable Securities that would constitute an Issuer Free Writing Prospectus or that would otherwise constitute a Free
Writing Prospectus, and has not distributed and shall not distribute any written materials in connection with the offer or sale of New Common Stock without the prior written consent of the Trust at such time as the approval of counsel for the Trust
(selected in accordance with Section 7.4 of the Agreement) to be included in an Underwritten Offering and, in connection with any Underwritten Offering, the underwriters. 
 Article X. 
 Rule 144 
 With a view to making available the benefits of certain rules and regulations of the SEC which may permit the sale of Registrable Securities to the
public without registration, the Company agrees to (a) use its reasonable best efforts to file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act; (b) upon
written request of the Trust, furnish to the Trust promptly a written statement by the Company as to its compliance with the reporting requirements of Rule 144 and of the Securities Act and the Exchange Act, and such other reports and documents as
the Trust reasonably may request in availing itself of any rule or regulation of the SEC allowing such the Trust to sell any Registrable Securities without registration; and (c) take such other actions as may be reasonably required by the
Company’s transfer agent to consummate any distribution of Registrable Securities that may be permitted in accordance with the terms and conditions of Rule 144. 
 Article XI. 
 Private Placement 
 Except for Section 4.3(c), the Company agrees that nothing in this Agreement shall prohibit the Trust, at any time and from time to time,
from selling or otherwise transferring Registrable Securities pursuant to a private placement or other transaction which is not registered pursuant to the Securities Act. To the extent requested by the Trust, the Company shall take all reasonable
steps necessary to assist and cooperate with the Trust to facilitate such sale or transfer, including taking the actions specified in Exhibit B hereto. 
  

 39 

 Article XII. 
 Miscellaneous 
 12.1 Notices. All notices and other communications in connection with this
Agreement shall be in writing and shall be deemed given by (and shall be deemed to have been duly given) as follows: (i) at the time delivered by hand, if delivered personally; (ii) when sent via facsimile (with confirmation);
(iii) five Business Days after being deposited in the mail, if sent postage prepaid, by registered or certified mail (return receipt requested); or (iv) on the next Business Day, if timely delivered to an express courier guaranteeing
overnight delivery (with confirmation). The parties acknowledge and agree that a copy of any notice, communication or other document required to be delivered or furnished to the parties in connection with this Agreement, shall be provided by the
Company to the Investors. All notices, amendments and other communications delivered under or in respect of the Investor Registration Agreement shall be delivered to the Trust by the Company within one Business Day after receipt or delivery, as
applicable, thereof by the Company. Notices shall be directed to the parties at the following addresses (or at such other address for a party as shall be specified by like notice): 
 (a) If to the Company: 
 Owens Corning

 One Owens Corning Parkway 
 Toledo, Ohio 43659 
 Attention: Michael Thaman 
 Facsimile: (419) 248-8445 
 with a copy to: 
 Sidley Austin LLP 
 One South Dearborn

 Chicago, Illinois 60603 
 Attention: Larry A. Barden 
                  Lisa J. Reategui 
 Facsimile:
(312) 853-7036 
 (b) If to the Trust, to the parties named by the Trust at the addresses and facsimile numbers as provided by the Trust
to the Company on the effective date of the Amended Plan. 
 (c) If to JPM: 
 J.P. Morgan Securities Inc. 
 270 Park
Avenue, 17th Floor 
 New York, New York 10017 
 Attention: Mr. Stanley Lim, Operations Group 
 Facsimile: (212) 270-2157 
  

 40 

 with a copy to: 
 Simpson Thacher & Bartlett LLP 
 425 Lexington Ave, 
 New York New York 10017 
 Attention: Michael
D. Nathan 
                  Mark Thompson 

Facsimile: (212) 455-2502 
 and to:

 Stroock & Stroock & Lavan LLP 
 180 Maiden Lane 
 New York, New York 10038 
 Attention: Lewis Kruger 
                  Brett Lawrence 
 Facsimile:
(212) 806-6006 
 (d) If to any Investor (other than JPM) to the address or facsimile number set forth on the signature pages to the
Investor Registration Agreement, or the signature page of any joinder agreement executed and delivered pursuant to Section 12.2 of the Investor Registration Agreement: 
 with a copy to: 
 Stroock &
Stroock & Lavan LLP 
 180 Maiden Lane 
 New York, New York 10038 
 Attention: Lewis Kruger 
                  Brett Lawrence 
 Facsimile: (212) 806-6006 
 12.2
[Intentionally Omitted] 
 12.3 Most-Favored-Nation. If the Company grants any Person any rights with respect to the
registration of any shares of equity securities of the Company or any securities convertible or exercisable into shares of any equity securities of the Company that are more favorable to such Person than the rights of the Trust set forth in this
Agreement, the Company shall grant to the Trust the rights granted to such other Person; provided, however, that this Section 12.3 shall not apply to the Investor Registration Agreement in the form filed with this Agreement
on the date hereof with the Bankruptcy Court. 
 12.4 Severability. If any provision of this Agreement shall be invalid or
unenforceable, such invalidity or unenforceability shall not affect the validity and enforceability of the remaining provisions of this Agreement, unless the result thereof would be unreasonable in which case the parties hereto shall negotiate in
good faith as to appropriate amendments hereto. 
  

 41 

 12.5 Assignment; Certain Specified Third Party Beneficiaries. This Agreement shall be binding
upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns; provided, however, that neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned or
delegated by the Trust to any third party who purchases or is otherwise a permitted transferee of such Registrable Securities from the Trust, unless (i) such transferee of the Registrable Securities that is not a party to this Agreement shall
have executed and delivered to the Secretary of the Company a properly completed agreement substantially in the form of Exhibit C, and (ii) the Trust shall have delivered to the Secretary of the Company written notice of such transfer
setting forth the name of the Trust, the name and address of the transferee and the number of Registrable Securities that shall have been so transferred; and provided, further, that this Agreement and the rights, interests and obligations
hereunder may be assigned, transferred or delegated by the Trust to (x) any Affiliate of the Trust or (y) any party to the Collars (other than the Company or the Trust) (provided, further, that any such transferee or assignee
assumes the obligations of the Trust hereunder and agrees in writing to be bound by the terms of this Agreement in the same manner as the Trust pursuant to a properly completed agreement substantially in the form of Exhibit C). This Agreement
(including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person any rights or remedies under this Agreement other than the parties hereto, any Indemnified Person and, prior to the
effective date of the Amended Plan with respect to the rights, obligations and benefits of the Trust, the Future Claimants’ Representative (as defined in the Amended Plan) and Caplin & Drysdale, Chartered, as counsel to the Official
Creditors Committee Representing Holders of Asbestos Claims, and any Investor, each of which is an intended third party beneficiary hereof. 
 12.6 Entire Agreement. This Agreement (including the documents and instruments referred to in this Agreement) constitutes the entire agreement of the parties and supersedes all prior agreements and understandings, whether written or
oral, between the parties with respect to the subject matter of this Agreement. Notwithstanding the foregoing, the parties hereto acknowledge that any confidentiality agreements heretofore executed among the parties shall continue in full force and
effect. 
 12.7 Waivers and Amendments. This Agreement may be amended, modified, superseded, cancelled, renewed or extended, and the
terms and conditions of this Agreement may be waived, only by a written instrument, (A) if prior to the effective date of the Amended Plan, signed by (i) the Company, (ii) the Future Claimants’ Representative (as defined in the
Amended Plan) and (iii) Caplin & Drysdale, Chartered, as counsel to the Official Creditors Committee Representing Holders of Asbestos Claims, (B) if after the effective date of the Amended Plan, signed by the Company and the
Trust; provided that without the prior written consent of the parties required to amend the Investor Registration Agreement, this Agreement shall not be modified, amended or waived if such modification, amendment or waiver would directly or
indirectly adversely affect any Investor’s rights or benefits under this Agreement or the Investor Registration Agreement. No delay on the part of any party in exercising any right, power or privilege pursuant to this Agreement shall operate as
a waiver thereof, nor shall any waiver on the part of any party of any right, power or privilege pursuant to this Agreement, nor shall any single or partial exercise of any right, power or privilege pursuant to this Agreement, preclude any other or
further exercise thereof or the exercise of any other right, power or privilege pursuant to this Agreement. The rights and remedies provided pursuant to this Agreement are cumulative and are not exclusive of any rights or remedies which any party
otherwise may have at law or in equity. 
  

 42 

 12.8 Counterparts. This Agreement may be executed in any number of counterparts, all of which
shall be considered one and the same agreement and shall become effective when counterparts have been signed by each of the parties and delivered to the other party (including via facsimile or other electronic transmission), it being understood that
each party need not sign the same counterpart. 
 12.9 Governing Law; Venue. THIS AGREEMENT SHALL BE GOVERNED AND CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF DELAWARE. EACH PARTY TO THIS AGREEMENT IRREVOCABLY SUBMITS TO THE JURISDICTION OF, AND VENUE IN, THE DISTRICT COURTS OF THE UNITED STATES SITTING IN THE STATE OF DELAWARE OR THE COURTS OF THE STATE
OF DELAWARE AND WAIVES ANY OBJECTION BASED ON FORUM NON CONVENIENS. 
 12.10 Headings. The headings in this Agreement are for
reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement. 
 12.11 Specific
Performance. The parties acknowledge and agree that any breach of the terms of this Agreement would give rise to irreparable harm for which money damages would not be an adequate remedy, and, accordingly, the parties agree that, in addition to
any other remedies, each will be entitled to enforce the terms of this Agreement by a decree of specific performance without the necessity of proving the inadequacy of money damages as a remedy and without the necessity of posting bond. 

12.12 Termination. This Agreement may be terminated at any time by a written instrument signed by the parties hereto. Unless sooner terminated
in accordance with the preceding sentence, this Agreement (other than the first proviso in Section 7.1(i), Section 7.4, Article VIII and Article XI hereof) shall terminate if at any time after the Issuance Date
the Trust no longer has any Trust Shares. 
 12.13 Modifications Necessary to Reflect Corporate Restructuring. The Amended Plan
currently contemplates that, on or after the Effective Date, the Company intends to effect a restructuring plan which would organize the Company and its subsidiaries along the Company’s major business lines. This restructuring plan may result
in the creation of a new Delaware company to serve as the parent corporation and holding company for the Company and its subsidiaries (“Holdco”). To the extent that such restructuring plan is pursued with the approval of the
Bankruptcy Court, appropriate modifications to this Agreement shall be made to reflect that this Agreement shall relate to Holdco and the securities issued by Holdco on the same terms. The Company agrees that it shall not implement or effect any
such plan without the prior written consent of the Trust. 
 12.14 No Conflicting Rights. The Company shall not, on or after the date
hereof, grant any registration or similar rights to any Person which conflict with or impair the rights granted hereby other than, without limiting the provisions of Section 12.3, the Investor Registration Agreement in the form filed
with this Agreement on the date hereof with the Bankruptcy Court. 
  

 43 

 12.15 Listing. The Company shall, on or prior to the effective date of the Amended Plan, have
caused the New Common Stock to be listed on the NYSE or quoted on the NASDAQ. 
 12.16 Corporate Policies. The Company agrees that any
actions required to be taken by the Trust pursuant to this Agreement, the Trust’s entering into the Put Agreements or the Call Agreements, and the consummation of the transactions contemplated hereby or thereby (including any exercise of the
Put Agreements and the Call Agreements and the consummation of any such transaction), is and shall be exempt from, and otherwise does not and shall not violate, any corporate policy or other rules or regulations of the Company that may be applicable
to the Trust, including, without limitation, the Company’s window period policy. 
 [Signature Page Follows] 
  

 44 

 IN WITNESS WHEREOF, each of the parties has executed this Agreement as of the date first written above. 
  

			
	OWENS CORNING
		
	By:	 	 /s/ Michael Thaman

	Name:	 	
	Title:	 	

			
	THE OWENS CORNING/FIBREBOARD ASBESTOS PERSONAL INJURY TRUST
		
	By:	 	 /s/ Dean M. Trafelet

	Name:	 	Dean M. Trafelet, Managing Trustee
		 	A duly authorized trustee thereof

 Exhibit A 
 OWENS CORNING 
 Form of Selling Securityholder Notice and Questionnaire 
 The undersigned beneficial owner (the “Selling Securityholder”) of common stock (the “Registrable Securities”) of Owens Corning (the
“Company”) understands that the Company has filed or intends to file with the Securities and Exchange Commission (the “Commission”) a Registration Statement for the registration and resale of the Registrable
Securities, in accordance with the terms of the Registration Rights Agreement, dated as of July 7, 2006 (the “Registration Rights Agreement”), among the Company and the Holders referred to therein. A copy of the Registration
Rights Agreement is available from the Company upon request at the address set forth below. All capitalized terms used and not otherwise defined herein shall have the meanings ascribed thereto in the Registration Rights Agreement. 
 NOTICE 
 The undersigned Selling Securityholder of
Registrable Securities hereby gives notice to the Company of its intention to sell or otherwise dispose of Registrable Securities beneficially owned by it and listed below in Item 3 (unless otherwise specified under Item 3) pursuant to the
Registration Statement. The undersigned, by signing and returning this Notice and Questionnaire, understands that it will be bound by the terms and conditions of this Notice and Questionnaire and the Registration Rights Agreement. 
 Pursuant to the Registration Rights Agreement, the undersigned has agreed to indemnify and hold harmless the Company’s directors and officers and each person, if
any, who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act, from and against losses arising in connection with statements concerning the undersigned made in the
Registration Statement or the related prospectus in reliance upon the information provided in this Notice and Questionnaire. 
 The undersigned Selling
Securityholder is furnishing this Notice and Questionnaire in connection with an Exclusive Holder Registration, as that term is defined in the Registration Rights Agreement: 
 Yes   ̈        No   ̈ 
 The undersigned Selling Securityholder is furnishing this
Notice and Questionnaire in connection with an Exclusive Trust Registration, as that term is defined in the Registration Rights Agreement: 
 Yes   ̈        No   ̈ 
 The undersigned Selling Securityholder hereby provides the following information to
the Company and represents and warrants that such information is accurate and complete: 
 QUESTIONNAIRE 
  

 Exh. A-1 

	1.	Name. 

  

	 	(a)	Full Legal Name of Selling Securityholder: 

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(b)	Full Legal Name of Registered Holder (if not the same as (a) above) through which Registrable Securities Listed in Item 3 below are held: 

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(c)	Full Legal name of DTC Participant (if applicable and if not the same as (b) above) through which Registrable Securities listed in Item 3 below are held:

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(d)	Full Legal Name of Natural Control Person (which means a natural person who directly or indirectly alone or with others has power to vote or dispose of the securities covered by the
questionnaire): 

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	2.	Address for Notices to Selling Securityholder: 

     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
 Telephone:                                     
                                        
                                        
                                        
                                        
                    
 Fax:                                      
                                        
                                        
                                        
                                        
                                
 Email:                                     
                                        
                                        
                                        
                                        
                             
 Contact Person:                                   
                                        
                                        
                                        
                                        
             
  

	3.	Beneficial Ownership of Registrable Securities: 

 Type and Principal Amount of Registrable Securities beneficially owned: 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
  

	4.	Broker-Dealer Status: 

  

	 	(a)	Are you a broker-dealer? 

 Yes   ̈        No   ̈ 
  

 Exh. A-2 

 Note: If yes, the SEC’s staff has indicated that you should be identified as an underwriter in the
Registration Statement. 
  

	 	(b)	If you are a registered broker-dealer, do you consent to being named as an underwriter in the Registration Statement? 

 Yes   ̈        No   ̈ 
  

	 	(c)	Are you an affiliate of a broker-dealer? 

 Yes   ̈        No   ̈ 
 If yes, please identify the registered broker-dealer with whom the
Selling Securityholder is affiliated and the nature of the
affiliation:                                      
                                        
                                        
                                        
                                        
                     
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(d)	If you are an affiliate of a broker-dealer, do you certify that you bought the Registrable Securities in the ordinary course of business, and at the time of the purchase of the
Registrable Securities to be resold, you had no agreements or understandings, directly or indirectly, with any person to distribute the Registrable Securities? 

 Yes   ̈        No   ̈ 
 Note: If no, the SEC’s staff has
indicated that you should be identified as an underwriter in the Registration Statement. 
  

	5.	Beneficial Ownership of Other Securities of the Company Owned by the Selling Securityholder. 

 Except as set forth below in this Item 5, the undersigned Selling Securityholder is not the beneficial or registered owner of any securities of
the Company other than the Registrable Securities listed above in Item 3. 
 Type and Amount of Other Securities beneficially owned
by the Selling Securityholder: 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
  

	6.	Relationships with the Company: 

 Except as set
forth below, neither the undersigned Selling Securityholder nor any of its affiliates, officers, directors or principal equity holders (owners of 5% or more of the equity securities of the undersigned) has held any position or office or 

  

 Exh. A-3 

 
has had any other material relationship with the Company (or its predecessors or affiliates) during the past three years. 
 State any exceptions here: 

	
	  
	  

 The undersigned agrees to promptly notify the Company of any inaccuracies or changes in the information
provided herein that may occur subsequent to the date hereof and at any time while the Registration Statement remains in effect. 
 By signing below, the
undersigned consents to the disclosure of the information contained herein in its answers to Items 1 through 6 and the inclusion of such information in the Registration Statement and the related prospectus. The undersigned understands that such
information will be relied upon by the Company in connection with the preparation or amendment of the Registration Statement and the related prospectus. 
 IN WITNESS WHEREOF the undersigned, by authority duly given, has caused this Notice and Questionnaire to be executed and delivered either in person or by its duly authorized agent. 
  

									
	Dated: _________________________________________	 		 	Beneficial Owner: ___________________________________
					
		 		 		 	By:	 	  
		 		 		 		 	 Name: _________________________________________
 Title: __________________________________________

  
 PLEASE FAX A COPY OF THE
COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE, AND RETURN THE ORIGINAL BY OVERNIGHT MAIL, TO: 
  

					
	  	 	Sidley Austin LLP	 	  
		 	One South Dearborn	 	
		 	Chicago, Illinois 60603	 	
		 	 Attention: Larry A. Barden
                   Lisa J. Reategui
	 	
		 	Facsimile: (312) 853-7036	 	
		 		 	

  

 Exh. A-4 

 Exhibit B 
 PRIVATE PLACEMENT PROCEDURES 
 I. Introduction 
 These Private Placement Procedures supplement, form part of, and are subject to the Registration Rights Agreement and all terms used and not otherwise
defined herein shall have the meanings assigned to them in the Registration Rights Agreement. 
 II. Procedures

 (a) The Company shall afford the Trust, and any potential buyers of the Registrable Securities (the “Private Securities”)
designated by the Trust a reasonable opportunity to conduct a due diligence investigation with respect to the Company customary in scope for private offerings of such type of securities (including, without limitation, the availability of senior
management to respond to questions regarding the business and financial condition of the Company and the right to have made available to them for inspection all financial and other records, pertinent corporate documents and other information
reasonably requested by them), and the Trust (or any such potential buyer) shall be satisfied in all material respects with such opportunity and with the resolution of any disclosure issues arising from such due diligence investigation of the
Company. 
 (b) The Company shall enter into an agreement (a “Private Placement Agreement”) with the Trust (or any Affiliate
of the Trust designated by the Trust) providing for the purchase and resale by the Trust (or such Affiliate) in a private placement (or other transaction exempt from registration under the Securities Act) of the Private Securities, which agreement
shall be on commercially reasonable terms and in form and substance reasonably satisfactory to the Trust (or such Affiliate) and (without limitation of the foregoing) shall: 
 (i) contain customary conditions, and customary undertakings, representations and warranties (to the Trust or such Affiliate, and if
requested by the Trust or such Affiliates, to potential purchasers of the Private Securities); 
 (ii) contain
indemnification and contribution provisions in connection with the potential liability of the Trust and its Affiliates relating to the resale by the Trust (or such Affiliate) of the Private Securities; 
 (iii) provide for the delivery of related certificates and representations, warranties and agreements of the Company, including those
necessary or advisable to establish and maintain the availability of an exemption from the registration requirements of the Securities Act for the Trust and resales of the Private Securities by the Trust (or such Affiliate); and 
 (iv) provide for the delivery to the Trust (or such Affiliate) of customary opinions (including, without limitation, opinions relating to
the due authorization, valid issuance and fully paid and non-assessable nature of the Private Securities, the availability of an exemption from the Securities Act for the Trust and resales of the Private Securities by the Trust (or such 

  

 Exh. B-1 

 
Affiliate), and the lack of material misstatements and omissions in the Company’s filings under the Exchange Act). 
 The Company agrees to use its reasonable best efforts to make any filings required to be made by it with the SEC, any securities exchange or any other regulatory body
with respect to the sale and resale of the Private Securities. 
  

 Exh. B-2 

 Exhibit C 
 AGREEMENT TO BE BOUND 
 BY THE REGISTRATION RIGHTS AGREEMENT 
 The undersigned, being the transferee of              shares of the common stock (the
“Registrable Securities”), of                         , a Delaware corporation (the
“Company”), as a condition to obtaining the benefits of the Registration Rights Agreement dated as of July 7, 2006 among the Company and the Trust referred to therein (the “Agreement”), acknowledges that
matters pertaining to the registration of such Registrable Securities is governed by the Agreement, and the undersigned hereby (1) acknowledges receipt of a copy of the Agreement, and (2) agrees to be bound by the terms of the Agreement,
as the same has been or may be amended from time to time. 
 Agreed to this      day of
                        ,         . 
  

					
		
	  	 	
		
	  	 	*
		
	  	 	*

 *Include address for notices. 

 FIRST AMENDMENT 
 TO THE REGISTRATION RIGHTS AGREEMENT 
 FIRST AMENDMENT dated as of October 27, 2006 (the
“Amendment”), by and among Owens Corning (Reorganized) Inc., a Delaware corporation (“New Owens Corning”), Owens Corning, a Delaware corporation (as debtor-in-possession, and as a reorganized debtor,
“OCD”), and the Owens Corning/Fibreboard Asbestos Personal Injury Trust (the “Trust”). Each capitalized term used but not defined in this Amendment shall have the meaning given to it in the Agreement. 
 RECITALS 
 WHEREAS, OCD has heretofore
executed a Registration Rights Agreement, dated as of July 7, 2006, to be delivered to, and executed and delivered by, the Trust (the “Agreement”), with respect to certain shares of New Common Stock that may be acquired by the
Trust; 
 WHEREAS, on July 10, 2006, OCD and certain of its subsidiaries filed a proposed Sixth Amended Joint Plan of
Reorganization (as Modified) with the United States Bankruptcy Court for the District of Delaware; 
 WHEREAS, as contemplated by the
Amended Plan, OCD intends to effect a restructuring plan which would organize OCD and its subsidiaries along OCD’s major business lines in connection with which New Owens Corning was created to serve as the parent corporation and holding
company for OCD and all its subsidiaries; and 
 WHEREAS, pursuant to Section 12.13 of the Agreement, the parties to the
Agreement agreed to make appropriate modifications to the Agreement to reflect that the Agreement relates to New Owens Corning and the securities issued by New Owens Corning. 
 AGREEMENTS 
 NOW, THEREFORE, in consideration of the foregoing, and the
representations, warranties and covenants set forth herein and in the Agreement, and other good and valuable consideration, New Owens Corning, OCD, and the Trust agree as follows: 
 ARTICLE I 
 AMENDMENTS 
 1.1 Substitution of “Owens Corning” in lieu of “the Company.” All references to “the Company”
in the Agreement prior to the Operative Time (as defined below) shall be deemed to be references to “OCD” and from and after the Operative Time shall be deemed to be references to “New Owens Corning.” 
 1.1.1 Introduction. The first paragraph under the caption “AGREEMENTS” on page 2 of the Agreement is amended and
restated as follows: 
  

 2 

 NOW, THEREFORE, in consideration of the foregoing and the covenants and agreements contained
herein, and intending to be legally bound hereby, the parties hereto hereby agree as follows: 
 1.1.2 Amendments to
Definitions. The following definitions in the Agreement are hereby amended and restated as follows: 
 (a) “Agreement” means the
Registration Rights Agreement, dated as of July 7, 2006, by and between OCD and the Trust with respect to certain shares of New Common Stock that may be acquired by the Trust, as amended by the First Amendment (as defined below), and as further
amended from time to time. 
 (b) “Call Agreements” means the agreements, as amended from time to time, between certain financial
institutions (at the request of an Investor) and OCD whereby the counterparty under the agreements has granted to each of such financial institutions the option to purchase, severally, a portion of the Trust Shares which option will expire twelve
months after the Issuance Date in accordance with the terms of the Amended Plan, as amended, (which Call Agreements will be assigned by the Company to, and assumed by, subject to the exceptions set forth in the Call Agreements, the Trust on the
effective date of the Amended Plan). 
 (c) “Equity Commitment Agreement” means the Equity Commitment Agreement dated as of May 10,
2006 by and between OCD and JPMorgan Securities, as amended by the First Amendment to the Equity Commitment Agreement by and among New Owens Corning, OCD and JPMorgan Securities and as further amended from time to time. 
 (d) “Investor Registration Agreement” means the Registration Rights Agreement, dated as of July 7, 2006, by and between OCD and JPMorgan Securities
with respect to certain shares of New Common Stock to be acquired by the Investors and certain of their Affiliates, as amended by the First Amendment to the Registration Rights Agreement, dated as of October 27, 2006, by and among New Owens
Corning, OCD and the other parties thereto, and as further amended from time to time. 
 (e) “Put Agreements” means the agreements, as
amended from time to time, between certain financial institutions (at the request of an Investor) and OCD whereby certain financial institutions have granted, severally, to the counterparty under the agreement, the option to sell a portion of
certain of the Trust Shares to the financial institutions, which option will expire three months after the Issuance Date (which Put Agreements will be assigned by the Company to, and assumed by, subject to the exceptions set forth in the Put
Agreements, the Trust on the effective date of the Amended Plan). 
 1.1.3 New Definitions. The following
definitions are hereby added to Article I of the Agreement, in alphabetical order: 
 (a) “First Amendment” means the First Amendment to the
Registration Rights Agreement dated as of October 27, 2006, by and among New Owens Corning, OCD and the Trust. 
 (b) “New Owens
Corning” means Owens Corning (Reorganized) Inc., a Delaware corporation to be renamed Owens Corning at the Operative Time. 
  

 3 

 (c) “OCD” means Owens Corning, a Delaware corporation (as debtor-in-possession, and as a reorganized
debtor) to be renamed Owens Corning Sales, Inc. at the Operative Time. 
 (d) The “Operative Time” shall occur simultaneously with
OCD’s emergence from proceedings under the Bankruptcy Code on the Effective Date (solely for the purposes of this clause, as defined in the Amended Plan). 
 1.1.4 Amendments to Article II. Section 2.1 of the Agreement is hereby amended by adding the following at the end thereof:

 “(gg) As of the Operative Time and after giving effect to the restructuring plan pursuant to the Amended Plan, New Owens Corning
will own all the issued and outstanding shares of OCD and will own, directly or indirectly, all of the assets of OCD owned prior to the Operative Time, including all the subsidiaries of OCD and will have no liabilities except as contemplated by the
Amended Plan or the related disclosure statement. Prior to the Operative Time, New Owens Corning has not conducted any business except in connection with the transactions contemplated by the Amended Plan or the related disclosure statement.”

 1.2 Amendment to Exhibit A. Exhibit A to the Agreement is hereby amended and restated as set forth in Annex
1 to this Amendment. 
 1.3 Amendment to Exhibit C. Exhibit C to the Agreement is hereby amended and restated
as set forth in Annex 2 to this Amendment. 
 1.4 Introduction to Agreement. The introduction to the Agreement
is hereby amended and restated as follows: 
 This Registration Rights Agreement (this “Agreement”), dated
as of July 7, 2006, is made by and between (i) subject to the entry of the Agreement Order (as defined below), Owens Corning, a Delaware corporation (as debtor-in-possession and a reorganized debtor, as applicable, the
“Company”) and (ii) the Owens Corning/Fibreboard Asbestos Personal Injury Trust (the “Trust”). 
 ARTICLE II 
 REPRESENTATIONS AND WARRANTIES 
 New Owens Corning and OCD hereby represent and warrant to, and agree with, the Trust as set forth below, as of the date hereof and the
Operative Time. 
 2.1.1 Incorporation and Qualification. Each of New Owens Corning and OCD has been duly
organized and is validly existing and in good standing under the laws of their respective jurisdictions of organization, with the requisite power and authority to own its properties and conduct its business as currently conducted. 
 2.1.2 Corporate Power and Authority. (i) Each of New Owens Corning and OCD has the requisite corporate power and
authority to enter into, execute and deliver this Amendment and to perform its obligations hereunder. Each of New Owens Corning and OCD 
  

 4 

 
has taken all necessary corporate action required for the due authorization, execution, delivery and performance by it of this Amendment. 
 2.1.3 Execution and Delivery; Enforceability. This Amendment has been duly and validly executed and delivered by each of
New Owens Corning and OCD, and this Amendment and the Agreement, as amended by this Amendment, each constitutes the valid and binding obligation of each of New Owens Corning and OCD, enforceable against each of New Owens Corning and OCD in
accordance with its terms. 
 2.1.4 No Conflict. The execution and delivery by each of New Owens Corning and
OCD of this Amendment and compliance by each of New Owens Corning and OCD with all of the provisions hereof and of the Agreement, as amended by this Amendment, and the consummation of the transactions contemplated herein and therein (i) will
not conflict with or result in a breach or violation of, any of the terms or provisions of, or constitute a default under (with or without notice or lapse of time, or both), or result, except to the extent provided in or contemplated by the Amended
Plan, in the acceleration of, or the creation of any lien under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which New Owens Corning, OCD or any of their respective subsidiaries is a party or by which
New Owens Corning, OCD or any of their respective subsidiaries is bound or to which any of the property or assets of New Owens Corning, OCD or any of their respective subsidiaries is subject, (ii) will not result in any material violation of
the provisions of the Certificate of Incorporation or Bylaws of New Owens Corning or OCD applicable to New Owens Corning or OCD from and after the Effective Date and (iii) will not result in any violation of, or any termination or material
impairment of any rights under, any statute or any license, authorization, injunction, judgment, order, decree, rule or regulation of any court or governmental agency or body having jurisdiction over New Owens Corning, OCD or any of their respective
subsidiaries or any of their properties, except in any such case described in subclause (i) or (iii) as have been described in an effective Registration Statement or as will not have or could not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect and except in any such case described in subclause (iii), for (y) the registration under the Securities Act contemplated hereby and (z) such consents, approvals, authorizations,
registrations or qualifications as may be required under state securities or Blue Sky laws in connection with the sale of the shares of New Common Stock by the Investors. 
 2.1.5 Consents and Approvals. No consent, approval, authorization, order, registration or qualification of or with any
court or governmental agency or body having jurisdiction over the New Owens Corning, OCD or any of their respective subsidiaries or any of their properties is required for the execution and delivery by each of New Owens Corning and OCD of this
Amendment and performance of and compliance by OCD with all of the provisions hereof and of the Agreement, as amended by this Amendment, and the consummation of the transactions contemplated herein and therein, except (i) the registration under
the Securities Act contemplated hereby and (ii) such consents, approvals, authorizations, registrations or qualifications (w) as may be required under NYSE or NASDAQ rules and regulations in order to consummate the transactions
contemplated herein, (x) as may be required under state securities or Blue Sky laws in connection with the sale of the shares of New Common Stock by the Investors, (y) as have been described in an effective Registration Statement or
(z) the absence of 
  

 5 

 
which will not have or could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 ARTICLE III 
 MISCELLANEOUS 
 3.1 Effect of Amendment. Upon the execution and delivery of this Amendment by New Owens Corning, OCD and the Trust, the
Amendment shall be effective; provided, that the amendments to the Agreement set forth in Article I of this Amendment shall not become operative until the Operative Time (as defined below). At the Operative Time, the Agreement shall be
amended in accordance herewith, and this Amendment shall form a part of the Agreement for all purposes and New Owens Corning shall become a party to the Agreement as of the Operative Time as if originally named therein as a party thereto, except
that, in the case of conflict, this Amendment shall control. The Agreement, as modified and amended by this Amendment, is hereby ratified and confirmed in all respects and all the terms, conditions and provisions thereof shall remain in full force
and effect in accordance with its terms. In no event shall this Amendment affect any rights or obligations of the parties to the Agreement arising prior to the Operative Time. The “Operative Time” shall occur simultaneously with
OCD’s emergence from proceedings under the Bankruptcy Code on the Effective Date (solely for the purposes of this clause, as defined in the Amended Plan). 
 3.2 Severability. This Amendment shall be subject to the provisions of Section 12.4 of the Agreement as if fully set
forth herein. 
 3.3 Counterparts. This Amendment may be executed in any number of counterparts, all of which
shall be considered one and the same agreement and shall become effective when counterparts have been signed by each of the parties and delivered to the other party (including via facsimile or other electronic transmission), it being understood that
each party need not sign the same counterpart. 
 3.4 Governing Law. THIS AMENDMENT SHALL BE GOVERNED AND
CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF DELAWARE. EACH PARTY TO THIS AMENDMENT IRREVOCABLY SUBMITS TO THE JURISDICTION OF, AND VENUE IN, THE DISTRICT COURTS OF THE UNITED STATES SITTING IN THE STATE OF DELAWARE OR THE COURTS
OF THE STATE OF DELAWARE AND WAIVES ANY OBJECTION BASED ON FORUM NON CONVENIENS. 
 3.5 Headings. The
headings in this Amendment are for reference purposes only and shall not in any way affect the meaning or interpretation of this Amendment. 
 3.6 Specific Performance. This Amendment shall be subject to the provisions of Section 12.11 of the Agreement as if fully set forth herein. 
 [Signature Page Follows] 
  

 6 

 IN WITNESS WHEREOF, each of the parties has executed this Amendment as of the date first written above.

  

					
	OWENS CORNING
		
	By:	 	 /s/ Stephen K. Krull

		 	 Name:
	 	 Stephen K. Krull

		 	 Title:
	 	Sr. Vice President, General Counsel & Secretary

  
  

					
	OWENS CORNING (REORGANIZED) INC.
		
	By:	 	 /s/ Stephen K. Krull

		 	 Name:
	 	 Stephen K. Krull

		 	 Title:
	 	Sr. Vice President, General Counsel & Secretary

  
  
  
  
  
  
  
 [Signature
Page to Registration Rights Agreement] 

					
	 THE OWENS CORNING/FIBREBOARD
 ASBESTOS PERSONAL INJURY TRUST

		
	By:	 	 /s/ Dean M. Trafelet

		 	 Name:
	 	 Dean M. Trafelet,

		 		 	Managing Trustee

  
  
  
  
  
  
  
 [Signature
Page to Registration Rights Agreement] 
  

 IN WITNESS WHEREOF, each of the Future Claimants’ Representative (as defined in the Amended Plan) and
Caplin & Drysdale, Chartered, as counsel to the Official Creditors Committee Representing Holders of Asbestos Claims consent to this Amendment as of the date first written above. 
  

					
	FUTURE CLAIMANTS’ REPRESENTATIVE
		
	By:	 	 /s/ James J. McMonagle

		 	 Name:
	 	 James J. McMonagle

		 	 Title:
	 	FCR

  
  

					
	CAPLIN & DRYSDALE, CHARTERED
		
	By:	 	 /s/ Elihu Inselbuch

		 	 Name:
	 	 Elihu Inselbuch

		 	 Title:
	 	Member

  
  
  
  
  
  
  
 [Signature
Page to Registration Rights Agreement] 

 Annex 1 
 OWENS CORNING 
 Form of Selling Securityholder Notice and Questionnaire 
 The undersigned beneficial owner (the “Selling Securityholder”) of common stock (the “Registrable Securities”) of Owens Corning
(Reorganized) Inc., a Delaware corporation (the “Company”), understands that the Company has filed or intends to file with the Securities and Exchange Commission (the “Commission”) a Registration Statement for the
registration and resale of the Registrable Securities, in accordance with the terms of the Registration Rights Agreement, dated as of July 7, 2006 (as amended, “Registration Rights Agreement”), among Owens Corning, a Delaware
corporation (as debtor-in-possession, and as a reorganized debtor, “OCD”), and the Owens Corning/Fibreboard Asbestos Personal Injury Trust, as amended by the First Amendment to the Registration Rights Agreement dated as of October 27,
2006, by and among the Company, OCD and the Owens Corning/Fibreboard Asbestos Personal Injury Trust. A copy of the Registration Rights Agreement is available from the Company upon request at the address set forth below. All capitalized terms used
and not otherwise defined herein shall have the meanings ascribed thereto in the Registration Rights Agreement. 
 NOTICE 

The undersigned Selling Securityholder of Registrable Securities hereby gives notice to the Company of its intention to sell or otherwise dispose of Registrable
Securities beneficially owned by it and listed below in Item 3 (unless otherwise specified under Item 3) pursuant to the Registration Statement. The undersigned, by signing and returning this Notice and Questionnaire, understands that it
will be bound by the terms and conditions of this Notice and Questionnaire and the Registration Rights Agreement. 
 Pursuant to the Registration Rights
Agreement, the undersigned has agreed to indemnify and hold harmless the Company’s directors and officers and each Person, if any, who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of
the Exchange Act, from and against losses arising in connection with statements concerning the undersigned made in the Registration Statement or the related prospectus in reliance upon the information provided in this Notice and Questionnaire.

 The undersigned Selling Securityholder is furnishing this Notice and Questionnaire in connection with an Exclusive Holder Registration, as that term is
defined in the Registration Rights Agreement: 
 Yes   ̈        No   ̈ 
 The undersigned Selling Securityholder is furnishing this Notice and Questionnaire in connection with an Exclusive Trust Registration, as that term is defined in the
Registration Rights Agreement: 
 Yes   ̈        No   ̈ 

 The undersigned Selling Securityholder hereby provides the following information to the Company and represents and
warrants that such information is accurate and complete: 
 QUESTIONNAIRE 
  

	1.	Name. 

  

	 	(a)	Full Legal Name of Selling Securityholder: 

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(b)	Full Legal Name of Registered Holder (if not the same as (a) above) through which Registrable Securities Listed in Item 3 below are held: 

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(c)	Full Legal name of DTC Participant (if applicable and if not the same as (b) above) through which Registrable Securities listed in Item 3 below are held:

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(d)	Full Legal Name of Natural Control Person (which means a natural person who directly or indirectly alone or with others has power to vote or dispose of the securities covered by the
questionnaire): 

     
                                        
                                        
                                        
                                        
                                        
                                 
  

	2.	Address for Notices to Selling Securityholder: 

     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
 Telephone:                                     
                                        
                                        
                                        
                                        
                    
 Fax:                                      
                                        
                                        
                                        
                                        
                                
 Email:                                     
                                        
                                        
                                        
                                        
                             
 Contact Person:                                   
                                        
                                        
                                        
                                        
             
  

	3.	Beneficial Ownership of Registrable Securities: 

 Type and Principal Amount of Registrable Securities beneficially owned: 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 

	4.	Broker-Dealer Status: 

  

	 	(a)	Are you a broker-dealer? 

 Yes   ̈        No   ̈ 
 Note: If yes, the SEC’s staff has indicated that you should be identified as an underwriter in the
Registration Statement. 
  

	 	(b)	If you are a registered broker-dealer, do you consent to being named as an underwriter in the Registration Statement? 

 Yes   ̈        No   ̈ 
  

	 	(c)	Are you an affiliate of a broker-dealer? 

 Yes   ̈        No   ̈ 
 If yes, please identify the registered broker-dealer with whom the
Selling Securityholder is affiliated and the nature of the
affiliation:                                      
                                        
                                        
                                        
                                        
                     
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
  

	 	(d)	If you are an affiliate of a broker-dealer, do you certify that you bought the Registrable Securities in the ordinary course of business, and at the time of the purchase of the
Registrable Securities to be resold, you had no agreements or understandings, directly or indirectly, with any person to distribute the Registrable Securities? 

 Yes   ̈        No   ̈ 
 Note: If no, the SEC’s staff has
indicated that you should be identified as an underwriter in the Registration Statement. 
  

	5.	Beneficial Ownership of Other Securities of the Company Owned by the Selling Securityholder. 

 Except as set forth below in this Item 5, the undersigned Selling Securityholder is not the beneficial or registered owner of any securities of
the Company other than the Registrable Securities listed above in Item 3. 
 Type and Amount of Other Securities beneficially owned
by the Selling Securityholder: 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 
     
                                        
                                        
                                        
                                        
                                        
                                 

	6.	Relationships with the Company: 

 Except as set
forth below, neither the undersigned Selling Securityholder nor any of its affiliates, officers, directors or principal equity holders (owners of 5% or more of the equity securities of the undersigned) has held any position or office or has had any
other material relationship with the Company (or its predecessors or affiliates) during the past three years. 
 State any exceptions
here: 

	
	  
	  

 The undersigned agrees to promptly notify the Company of any inaccuracies or changes in the information
provided herein that may occur subsequent to the date hereof and at any time while the Registration Statement remains in effect. 
 By signing below, the
undersigned consents to the disclosure of the information contained herein in its answers to Items 1 through 6 and the inclusion of such information in the Registration Statement and the related prospectus. The undersigned understands that such
information will be relied upon by the Company in connection with the preparation or amendment of the Registration Statement and the related prospectus. 
 IN WITNESS WHEREOF the undersigned, by authority duly given, has caused this Notice and Questionnaire to be executed and delivered either in person or by its duly authorized agent. 
  

									
	Dated: _________________________________________	 		 	Beneficial Owner: ___________________________________
					
		 		 		 	By:	 	  
		 		 		 		 	 Name: _________________________________________
 Title: __________________________________________

  
 PLEASE FAX A COPY OF THE
COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE, AND RETURN THE ORIGINAL BY OVERNIGHT MAIL, TO: 
  

					
	  	 	Sidley Austin LLP	 	  
		 	One South Dearborn	 	
		 	Chicago, Illinois 60603	 	
		 	 Attention: Larry A. Barden
                   Lisa J. Reategui
	 	
		 	Facsimile: (312) 853-7036	 	
		 		 	

 Annex 2 
 AGREEMENT TO BE BOUND 
 BY THE REGISTRATION RIGHTS AGREEMENT 
 The undersigned, being the transferee of              shares of the common stock (the
“Registrable Securities”), of Owens Corning (Reorganized) Inc., a Delaware corporation (the “Company”), as a condition to obtaining the benefits of the Registration Rights Agreement dated as of July 7, 2006 among Owens
Corning, a Delaware corporation (as debtor-in-possession, and as a reorganized debtor, “OCD”), and the Owens Corning/Fibreboard Asbestos Personal Injury Trust (as amended, “Agreement”), as amended by the First Amendment to the
Registration Rights Agreement dated as of October 27, 2006, by and among the Company, OCD and the Owens Corning/Fibreboard Asbestos Personal Injury Trust referred to therein, acknowledges that matters pertaining to the registration of such
Registrable Securities is governed by the Agreement, and the undersigned hereby (1) acknowledges receipt of a copy of the Agreement, and (2) agrees to be bound by the terms of the Agreement, as the same has been or may be amended from time
to time. 
 Agreed to this      day of
                        ,         . 
  

					
		
	  	 	
		
	  	 	*
		
	  	 	*

 *Include address for notices.Equity Commitment Agreement, dated May 10, 2006

 Exhibit 10.1 
 EQUITY COMMITMENT AGREEMENT 
 May 10, 2006 
 J.P. Morgan Securities Inc. 
 270 Park Avenue 
 New York, New York 10017 
 Ladies and Gentlemen: 
 Subject to the approval of this Agreement by the Bankruptcy Court (as defined below), Owens Corning, a Delaware corporation (as a debtor-in-possession and
a reorganized debtor, as applicable, the “Company”), proposes to offer and sell shares of its new common stock, par value $0.10 per share, to be issued pursuant to its Amended Plan (as defined below) (together with any associated
share purchase rights other than the Rights (as defined below), “New Common Stock”), pursuant to a rights offering (the “Rights Offering”) whereby each holder of a Bondholder Claim, and each Holder of an Allowed
Class A6-A Claim or an Allowed Class A6-B Claim (each an “Eligible Holder”), as of the date (the “Record Date”) fixed by the Bankruptcy Court for the solicitation of acceptances and rejections of the Amended Plan, shall be
offered the right (each, a “Right”) to purchase up to its Pro Rata share of 72,900,000 shares (each a “Share”) of New Common Stock at a purchase price of $30.00 per Share (the “Purchase Price”).
Each capitalized term used but not defined in this letter (the “Agreement”) shall have the meaning given to it in the Fifth Amended Joint Plan of Reorganization for Owens Corning and its Affiliated Debtors and Debtors-In-Possession
filed on December 31, 2005 (as it may have been amended or supplemented, the “Existing Plan”). 
 In order to facilitate the
Rights Offering, pursuant to this Agreement, and subject to the terms, conditions and limitations set forth herein, J.P. Morgan Securities Inc. (the “Investor”), agrees to purchase on the Closing Date (as defined in Section 2), and
the Company agrees to sell, for the Purchase Price per share, a number of shares of New Common Stock equal to 72,900,000 minus the number of shares of New Common Stock offered pursuant to the Rights Offering purchased on or before the Expiration
Time (as defined below) in the Rights Offering (such Shares in the aggregate, the “Unsubscribed Shares”). 
 The Company
will conduct the Rights Offering pursuant to an amended plan of reorganization (the “Amended Plan”), which shall include only those revisions, modifications and amendments to the Existing Plan as necessary to incorporate the
Company’s proposed restructuring transactions described in the term sheet attached hereto as Exhibit A (the “Settlement Term Sheet”) and such other revisions, modifications and amendments that the Company and the other
proponents of the Amended Plan (“Amended Plan Proponents”) deem necessary or appropriate and that shall not (i) materially adversely affect the obligations or rights of the Investor hereunder, (ii) cause any representation or
warranty contained herein to be incorrect or (iii) be inconsistent with the terms of the Settlement Term Sheet, and shall be approved by the court (together with the applicable District Court, to the extent District Court approval of the Amended
Plan is sought or required, the “Bankruptcy Court”) administering the Company’s proceedings (the “Proceedings”) under the United States Bankruptcy Code, 11 U.S.C. §§ 101, et seq. (the
“Bankruptcy Code”). 

 Simultaneously with the delivery of this Agreement, (i) the Company (subject, however, to Bankruptcy
Court approval), the Asbestos Claimants Committee, the Future Claimants’ Representative and certain Bondholders have entered into the Lockup Agreement, attached hereto as Exhibit B (the “Lock-Up Agreement”) and (ii) the
Investor and certain Persons (collectively, the “Ultimate Purchasers”) have entered into a syndication agreement (the “Syndication Agreement”), pursuant to which the Ultimate Purchasers have agreed to purchase
certain Unsubscribed Shares from the Investor in the event the Investor purchases Unsubscribed Shares under this Agreement. 
 In
consideration of the foregoing, and the representations, warranties and covenants set forth herein, and other good and valuable consideration, the Company and the Investor agree as follows: 
 1. The Rights Offering. The Rights Offering will be conducted as follows: 
 (a) Subject to the terms and conditions of this Agreement (including Bankruptcy Court approval), the Company hereby undertakes to offer Shares for subscription by holders of Rights as set forth in this Agreement.

 (b) In connection with the Amended Plan the Company shall issue Rights to purchase 72,900,000 Shares in the aggregate. Each Eligible
Holder as of the Record Date will receive a Right to purchase up to its Pro Rata share of 72,900,000 Shares. The ballot form(s) (the “Ballots”) distributed in connection with the solicitation of acceptance of the Amended Plan shall
provide a place whereby each Eligible Holder may exercise its Right. The Rights may be exercised during a period (the “Rights Exercise Period”) specified in the Amended Plan, which period will commence on the date the Ballots are
distributed and will end at the Expiration Time. For the purposes of this Agreement, the “Expiration Time” means 5:00 p.m. New York City time on the 20th calendar day (or if such day is not a Business Day, the next Business Day)
after the date the Ballots are distributed under the Amended Plan, or such later date as the Company, subject to the approval of the Investor (which shall not be unreasonably withheld) and the reasonable consent of the other Amended Plan Proponents,
may specify in a notice provided to the Investor before 9:00 a.m. New York City time on the Business Day before the then-effective Expiration Time. For the purposes of this Agreement, “Business Day” means each Monday, Tuesday,
Wednesday, Thursday and Friday that is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close. Subject to the approval of this Agreement by the Bankruptcy Court, the Amended
Plan shall provide that in order to exercise a Right, each Eligible Holder shall, prior to the Expiration Time, (i) return a duly executed Ballot to the Subscription Agent (as defined below) and (ii) pay an amount equal to the full purchase price of
the number of shares of New Common Stock elected to be purchased by such Eligible Holder by wire transfer of immediately available funds reasonably in advance of the date on which the hearing to confirm the Amended Plan is scheduled to commence (the
“Confirmation Hearing”) to an escrow account established for the Rights Offering. 
  

 -2- 

 (c) There will be no over-subscription rights provided in connection with the Rights Offering.

 (d) The Company will issue the Shares to the Eligible Holders with respect to which Rights were validly exercised by such holder upon the
effective date of the Amended Plan (the “Effective Date”). If the exercise of a Right would result in the issuance of a fractional share of New Common Stock, then the number of shares of New Common Stock to be issued in respect of
such Right will be calculated to one decimal place and rounded down to the next lower whole share. 
 (e) The Amended Plan will provide that
the Company or the Subscription Agent (as defined below) will give notice to each Eligible Holder with respect to which Rights were validly exercised by such holder, advising them of (i) the number of whole shares of New Common Stock that they are
bound to purchase pursuant to the Rights Offering, and the aggregate purchase price thereof and (ii) the date or time after the notice by which a wire transfer of such purchase price must be received and (iii) wire transfer instructions for wiring
such purchase price to the subscription agent for the Rights Offering (the “Subscription Agent”) or another person designated by the Company. 
 (f) The Company hereby agrees and undertakes to give the Investor by electronic facsimile transmission the certification by an executive officer of the Company conforming to the requirements specified herein for such
certification of either (i) the number of Unsubscribed Shares and the aggregate Purchase Price therefor (a “Purchase Notice”) or (ii) in the absence of any Unsubscribed Shares, the fact that there are no Unsubscribed Shares and that
the Backstop Commitment (as defined below) is terminated (a “Satisfaction Notice”) as soon as practicable after the Expiration Time and, in any event, reasonably in advance of the Closing Date (to be specified in the Agreement
Order) (the date of transmission of confirmation of a Purchase Notice or a Satisfaction Notice, the “Determination Date”). 
  

 -3- 

 2. The Backstop Commitment. 
 (a) On the basis of the representations and warranties contained herein, but subject to the conditions set forth in Section 7 (including without limitation the entry of the Agreement Order (as defined below)
and the Agreement Order becoming a Final Agreement Order), the Investor agrees to subscribe for and purchase on the Closing Date, and the Company agrees to sell and issue, at the aggregate Purchase Price therefor, all Unsubscribed Shares as of the
Expiration Time (the “Backstop Commitment”). For purposes of this Agreement, “Final Agreement Order” shall mean an order or judgment of the Bankruptcy Court, which has not been reversed, stayed, modified or amended,
and as to which (a) the time to appeal, seek certiorari or request reargument or further review or rehearing has expired and no appeal, petition for certiorari or request for reargument or further review or rehearing has been timely
filed, or (b) any appeal that has been or may be taken or any petition for certiorari or request for reargument or further review or rehearing that has been or may be filed has been resolved by the highest court to which the order or judgment
was appealed, from which certiorari was sought or to which the request was made and no further appeal or petition for certiorari has been or can be taken or granted. 
 (b) On the basis of the representations and warranties herein contained, but subject to the entry of the Agreement Order, the Company will pay to the
Investor a backstop fee of $100,000,000 (the “Backstop Fee”) to compensate the Investor for the risk of its undertaking herein. The Backstop Fee will be paid in U.S. dollars on the first Business Day after the tenth day after the
entry of the Agreement Order; it being understood that in the event the Agreement Order is appealed, and the highest court to which the Agreement Order was appealed issues an order vacating or reversing the Agreement Order and further orders
disgorgement of all or a portion of the Backstop Fee, the Investor shall promptly return to the Company the portion of the Backstop Fee required to be so disgorged. Subject to the entry of the Agreement Order, the Extension Fee (as defined below),
if any, will be paid by the Company as provided in Section 10(a)(ii); it being understood that in the event the Agreement Order is appealed, and the highest court to which the Agreement Order was appealed issues an order vacating or reversing
the Agreement Order and further orders disgorgement of all or a portion of the Extension Fee, the Investor shall promptly return to the Company the portion of the Extension Fee required to be so disgorged. Payment of the Backstop Fee and the
Extension Fee, if any, will be made by wire transfer of federal (same day) funds to the account specified by the Investor to the Company at least 24 hours in advance; provided, that if the Investor receives the Backstop Fee, the Investor
shall waive any of its rights to receive indirect, consequential or punitive damages in connection with this Agreement and the transactions contemplated hereby. Except as set forth herein, the Backstop Fee and the Extension Fee, if any, will be
nonrefundable when paid. 
 (c) Upon the entry of the Agreement Order, the Company will reimburse or pay, as the case may be, the
out-of-pocket expenses reasonably incurred by the Investor with respect to the transactions contemplated hereby and all Bankruptcy Court and other judicial and regulatory proceedings related to such transactions (collectively, “Transaction
Expenses”), including all reasonable fees and expenses of both Simpson Thacher & Bartlett LLP and Stroock & Stroock & Lavan LLP, counsel to the Investor, and reasonable fees and expenses of any other professionals to be retained
by the Investor with the prior approval of the Company (which approval shall not be unreasonably withheld) in connection with the transactions contemplated by the Settlement 
  

 -4- 

 Term Sheet, within 10 days of presentation of an invoice approved by the Investor, without Bankruptcy Court review or
further Bankruptcy Court order, whether or not the transactions contemplated hereby are consummated; it being understood that in the event the Agreement Order is appealed, and the highest court to which the Agreement Order was appealed issues an
order vacating or reversing the Agreement Order and further orders disgorgement of all or a portion of the Transaction Expenses, the Investor shall promptly return to the Company the portion of the Transaction Expenses required to be so disgorged.
Subject to the entry of the Agreement Order, the filing fee, if any, required by the HSR Act (as defined below) shall be paid by the Company on behalf of the Investor when filings under the HSR Act are made, together with all expenses of the
Investor incurred to comply therewith. These obligations are in addition to, and do not limit, the Company’s obligations under Section 8. 
 (d) As promptly as practicable, but in any event at least four (4) Business Days prior to the Closing Date, the Company will provide a Purchase Notice or a Satisfaction Notice to the Investor as provided above,
setting forth a true and accurate determination of the aggregate number of Unsubscribed Shares, if any; provided, that on the Closing Date the Investor will purchase, and the Company will sell, only such number of Unsubscribed Shares as are
listed in the Purchase Notice, without prejudice to the rights of the Investor to seek later an upward or downward adjustment if the number of Unsubscribed Shares in such Purchase Notice is inaccurate. 
 (e) Delivery of the Unsubscribed Shares will be made by the Company to the account of the Investor (or to such other accounts as the Investor may
designate) at 9:00 a.m., New York City time, on the Effective Date (the “Closing Date”) against payment of the aggregate Purchase Price for the Shares by wire transfer of federal (same day) funds to the account specified by the
Company to the Investor at least 24 hours in advance. 
 (f) All Unsubscribed Shares will be delivered with any and all issue, stamp,
transfer or similar taxes or duties payable in connection with such delivery duly paid by the Company to the extent required under the Confirmation Order or applicable law. 
 (g) The documents to be delivered on the Closing Date by or on behalf of the parties hereto and the Unsubscribed Shares will be delivered at the offices
of Simpson Thacher & Bartlett LLP, 425 Lexington Ave, New York, New York 10017 on the Closing Date. 
 (h) Notwithstanding anything to
the contrary in this Agreement, the Investor, in its sole discretion, may designate that some or all of the Shares be issued in the name of, and delivered to, one or more of its Affiliates or to any other Person, including any Ultimate Purchaser.

 3. Representations and Warranties of the Company. The Company represents and warrants to, and agrees with, the Investor as set forth below. Except
for representations, warranties and agreements that are expressly limited as to their date, each representation, warranty and agreement is made as of the date hereof and as of the Closing Date: 
 (a) Incorporation and Qualification. The Company and each of its Subsidiaries has been duly incorporated and is validly existing as a corporation
in good standing under the laws of 
  

 -5- 

 their respective jurisdictions of incorporation, with the requisite power and authority to own its properties and conduct
its business as currently conducted. Each of the Company and its Subsidiaries has been duly qualified as a foreign corporation for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or
leases properties or conducts any business so as to require such qualification, except to the extent the failure to be so qualified or be in good standing has not had or could not reasonably be expected to have, individually or in the aggregate, a
material adverse effect on the business, results of operations, property or condition (financial or otherwise) of the Company and its Subsidiaries taken as a whole or on the ability of the Company, subject to the approvals and other authorizations
set forth in Section 3(g) below, to consummate the transactions contemplated by this Agreement or the Amended Plan (a “Material Adverse Effect”). 
 (b) Corporate Power and Authority. 
 (i) (A) The Company has the requisite corporate power and
authority to enter into, execute and deliver this Agreement and, subject to entry of the Agreement Order and the Confirmation Order (together, the “Court Orders”) and the expiration, or waiver by the Bankruptcy Court, of the 10-day
period set forth in Rules 6004(h) and 3020(e) of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”) respectively, to perform its obligations hereunder and thereunder, including the issuance of the Rights and Shares.
The Company has taken all necessary corporate action required for the due authorization, execution, delivery and performance by it of this Agreement, including the issuance of the Rights and Shares, other than board of directors’ approval of,
or other board action to be taken with respect to, the documents to implement the Rights Offering. 
 (B) When executed and delivered, the
Company will have the requisite corporate power and authority to enter into, execute and deliver the Registration Rights Agreement (as defined in Section 5(n) hereof) and all necessary corporate action required for the due authorization, execution,
delivery and, subject to entry of the Court Orders and the expiration, or waiver by the Bankruptcy Court, of the 10-day period set forth in Bankruptcy Rules 6004(h) and 3020(e), respectively, performance of the Registration Rights Agreement will
have been taken by the Company. 
 (ii) Prior to the entry of the Agreement Order, the Company will have the requisite corporate power and
authority to execute the Amended Plan and to file the Amended Plan with the Bankruptcy Court and, subject to entry of the Confirmation Order and the expiration, or waiver by the Bankruptcy Court, of the 10-day period set forth in Bankruptcy Rule
3020(e), to perform its obligations thereunder, and will have taken all necessary corporate actions required for the due authorization, execution, delivery and performance by it of the Amended Plan. 
 (c) Execution and Delivery; Enforceability. 
 (i) This Agreement has been and the Registration Rights Agreement will be duly and validly executed and delivered by the Company, and, upon the entry of the Agreement Order and the expiration, or waiver by the Bankruptcy Court, of the
10-day period set forth in Bankruptcy Rule 6004(h), each such document will constitute the valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms. 
  

 -6- 

 (ii) The Amended Plan will be duly and validly filed with the Bankruptcy Court by the Company and, upon
the entry of the Confirmation Order and the expiration, or waiver by the Bankruptcy Court, of the 10-day period set forth in Bankruptcy Rule 3020(e), will constitute the valid and binding obligation of the Company, enforceable against the Company in
accordance with its terms. 
 (d) Authorized Capital Stock. Upon the Effective Date, the authorized capital stock of the Company will
conform to the authorized capital stock set forth in the Disclosure Statement and the issued and outstanding shares of capital stock of the Company will conform to the description set forth in the Settlement Term Sheet. 
 (e) Issuance. Subject to the approval of this Agreement by the Bankruptcy Court, the distribution of the Rights and issuance of the Shares,
including the Shares to be issued and sold by the Company to the Investor hereunder, have been duly and validly authorized and, when the Shares are issued and delivered against payment therefor in the Rights Offering or to the Investor hereunder,
will be duly and validly issued, fully paid and non-assessable, and free and clear of all taxes, liens, pre-emptive rights, rights of first refusal, subscription and similar rights. 
 (f) No Conflict. Subject to the entry of the Court Orders and the expiration, or waiver by the Bankruptcy Court, of the 10-day period set forth in
Bankruptcy Rules 6004(h) and 3020(e), as applicable, the distribution of the Rights, the sale, issuance and delivery of the Shares upon exercise of the Rights and the consummation of the Rights Offering by the Company and the execution and delivery
(or, with respect to the Amended Plan, the filing) by the Company of this Agreement and the Amended Plan and compliance by the Company with all of the provisions hereof and thereof and the consummation of the transactions contemplated herein and
therein (including compliance by the Investor with its obligations hereunder and thereunder) (i) will not conflict with or result in a breach or violation of, any of the terms or provisions of, or constitute a default under (with or without notice
or lapse of time, or both), or result, except to the extent provided in or contemplated by the Amended Plan, in the acceleration of, or the creation of any lien under, any indenture, mortgage, deed of trust, loan agreement or other agreement or
instrument to which the Company or any of its Subsidiaries is a party or by which the Company or any of its Subsidiaries is bound or to which any of the property or assets of the Company or any of its Subsidiaries is subject, (ii) will not result in
any violation of the provisions of the Certificate of Incorporation or Bylaws of the Company included in the Amended Plan and as applicable to the Company from and after the Effective Date and (iii) will not result in any violation of, or any
termination or material impairment of any rights under, any statute or any license, authorization, injunction, judgment, order, decree, rule or regulation of any court or governmental agency or body having jurisdiction over the Company or any of its
Subsidiaries or any of their properties, except in any such case described in subclause (i) or (iii) as will not have or could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect and except in any such
case described in subclause (i), for (w) the registration under the Securities Act of 1933 and the rules and regulations of the Commission thereunder (collectively, the “Securities Act”) of resales of the Shares following exercise
of Rights, (x) the approval by the Bankruptcy Court of the Company’s authority to enter into and 
  

 -7- 

 implement this Agreement, (y) filings with respect to and the expiration or termination of the waiting period under the
Hart-Scott-Rodino Antitrust Act (the “HSR Act”) relating to the placement of Shares with the Investor and (z) such consents, approvals, authorizations, registrations or qualifications as may be required under state securities or
Blue Sky laws in connection with the purchase of the Shares by the Investor. 
 (g) Consents and Approvals. No consent, approval,
authorization, order, registration or qualification of or with any court or governmental agency or body having jurisdiction over the Company or any of its Subsidiaries or any of their properties is required for the distribution of the Rights, the
sale, issuance and delivery of the Shares upon exercise of the Rights or to Investor hereunder and the consummation of the Rights Offering by the Company and the execution and delivery by the Company of this Agreement, the Registration Rights
Agreement or the Amended Plan and performance of and compliance by the Company with all of the provisions hereof and thereof and the consummation of the transactions contemplated herein and therein, except (i) the entry of the Court Orders and the
expiration, or waiver by the Bankruptcy Court, of the 10-day period set forth in Bankruptcy Rules 6004(h) and 3020(e), as applicable, (ii) the registration under the Securities Act of resales of the Unsubscribed Shares, (iii) filings with respect to
and the expiration or termination of the waiting period under the HSR Act relating to the placement of Shares with the Investor, (iv) the filing with the Secretary of State of the State of Delaware of the Certificate of Incorporation to be
applicable to the Company from and after the Effective Date and (v) such consents, approvals, authorizations, registrations or qualifications (x) as may be required under NYSE or Nasdaq rules and regulations in order to consummate the transactions
contemplated herein, (y) as may be required under state securities or Blue Sky laws in connection with the purchase of the Shares by the Investor or (z) the absence of which will not have or could not reasonably be expected to have, individually or
in the aggregate, a Material Adverse Effect. 
 (h) Arm’s Length. The Company acknowledges and agrees that the Investor is acting
solely in the capacity of an arm’s length contractual counterparty to the Company with respect to the transactions contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor or a
fiduciary to, or an agent of, the Company or any other person. Additionally, the Investor is not advising the Company or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. The Company shall
consult with its own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and the Investor shall have no responsibility or liability to the
Company with respect thereto. Any review by the Investor of the Company, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Investor and shall not be on behalf of the
Company. 
 (i) Non-public information. As of the date hereof, all material non-public information relevant to the valuation of the
Company which has been made available to the Investor has also been made available to the representatives of the Asbestos Claimants Committee. 
 (j) Financial Statements. The financial statements and the related notes thereto of the Company and its consolidated Subsidiaries included or incorporated by reference in the 
  

 -8- 

 Disclosure Statement, the Exchange Act Documents (as defined below), and to be included or incorporated by reference in
the Registration Statement (as defined below) and the Prospectus, comply in all material respects with the applicable requirements of the Securities Act, the Securities Exchange Act of 1934 and the rules and regulation of the Commission thereunder
(the “Exchange Act”) and the Bankruptcy Code, as applicable, and present fairly in all material respects the financial position of the Company and its Subsidiaries as of the dates indicated and the results of their operations and
the changes in their cash flows for the periods specified; such financial statements have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout the periods covered thereby (except as
disclosed in the Exchange Act Documents), and the supporting schedules included or incorporated by reference in the Disclosure Statement and the Exchange Act Documents, and to be included or incorporated by reference in the Registration Statement
and the Prospectus, present fairly the information required to be stated therein; and the other financial information included or incorporated by reference in the Disclosure Statement and the Exchange Act Documents, and to be included or
incorporated by reference in the Registration Statement and the Prospectus, has been derived from the accounting records of the Company and its Subsidiaries and presents fairly the information shown thereby; and the pro forma financial information
and the related notes thereto included or incorporated by reference in the Disclosure Statement and the Exchange Act Documents, and to be included in the Registration Statement and the Prospectus, has been prepared in accordance with the applicable
requirements of the Securities Act and the Exchange Act, as applicable, and the assumptions underlying such pro forma financial information are reasonable and are set forth in the Disclosure Statement and the Exchange Act Documents and will be set
forth in the Registration Statement and the Prospectus when they become effective. Notwithstanding the foregoing, the Investor acknowledges that the financial position of the Company reflected in the financial information included or incorporated by
reference in the Disclosure Statement and the Exchange Act Documents, to be included or incorporated by reference in the Registration Statement and the Prospectus, does not reflect implementation of “fresh start” accounting pursuant to
Statement of Position 90-7, “Financial Reporting by Entities in Reorganization Under the Bankruptcy Code” by the American Institute of Certified Public Accountants. 
 (k) Disclosure Statement and Exchange Act Documents. The Disclosure Statement, when it was filed with the Bankruptcy Court, and the documents
filed under the Exchange Act with the Commission prior to the date of this Agreement (the “Exchange Act Documents”), when they became effective or were filed with the Commission, as the case may be, conformed in all material
respects, in the case of the Disclosure Statement, to the Bankruptcy Code, and in the case of the Exchange Act Documents, to the requirements of the Securities Act or the Exchange Act, as applicable, and none of such Disclosure Statement or Exchange
Act Documents contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not
misleading; and any further documents so filed and incorporated by reference in the Disclosure Statement or the Prospectus, as the case may be, when such documents become effective or are filed with the Bankruptcy Court or the Commission, as the
case may be, will conform in all material respects to, in the case of the Disclosure Statement, the requirements of the Bankruptcy Code, and in the case of documents filed under the Exchange Act, the requirements of the Exchange Act, as applicable,
and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.

  

 -9- 

 (l) Preliminary Prospectus. Each Preliminary Prospectus, at the time of filing thereof, will
comply in all material respects with the Securities Act and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of
the circumstances under which they were made, not misleading; provided that the Company makes no representation and warranty with respect to any statements or omissions made in reliance upon and in conformity with information relating to the
Investor furnished to the Company in writing by the Investor expressly for use in any Preliminary Prospectus. As used herein, the term “Preliminary Prospectus” means each prospectus included in such registration statement (and any
amendments thereto) before it becomes effective, any prospectus filed with the Commission pursuant to Rule 424(a) under the Securities Act and the prospectus included in the Registration Statement, at the time of their respective effectiveness that
omits Rule 430A Information, and the term “Prospectus” means the prospectus in the form first used to confirm sales of the Shares. 
 (m) Registration Statement and Prospectus. As of the effective date of the Registration Statement, the Registration Statement will comply in all material respects with the Securities Act, and will not contain any untrue statement of
a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein not misleading; and as of the applicable filing date of the Prospectus and any amendment or supplement thereto and as
of the Closing Date, the Prospectus will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under
which they were made, not misleading; provided that the Company makes no representation and warranty with respect to any statements or omissions made in reliance upon and in conformity with information relating to the Investor or the Ultimate
Purchasers furnished to the Company in writing by the Investor or the Ultimate Purchasers expressly for use in the Registration Statement and the Prospectus and any amendment or supplement thereto. 
 (n) No Material Adverse Change. As of the date hereof, since December 31, 2005, (i) there has not been any change in the capital stock or
long-term debt of the Company or any of its Subsidiaries, or any dividend or distribution of any kind declared, set aside for payment, paid or made by the Company on any class of capital stock, or any material adverse change, or any development
involving a material adverse change, in or affecting the business, properties, management, financial position, stockholders’ equity or results of operations of the Company and its Subsidiaries taken as a whole; (ii) neither the Company nor any
of its Subsidiaries has entered into any transaction or agreement that is material to the Company and its Subsidiaries taken as a whole or incurred any liability or obligation, direct or contingent, that is material to the Company and its
Subsidiaries taken as a whole; and (iii) neither the Company nor any of its Subsidiaries has sustained any material loss or interference with its business from fire, explosion, flood or other calamity, whether or not covered by insurance, or from
any labor disturbance or dispute or any action, order or decree of any court or arbitrator or governmental or regulatory authority, except in each case (x) as otherwise disclosed in the Disclosure Statement or the Exchange Act Documents and (y) the
transactions contemplated hereby or by the Settlement Term Sheet. 
  

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 (o) Descriptions of the Transaction Documents. Each of this Agreement, the Registration Rights
Agreement, the Syndication Agreement, the Collars, the Amended Plan, the Agreement Order and the Confirmation Order (collectively, the “Transaction Documents”) will conform in all material respects to the description thereof
contained in the Registration Statement and the Prospectus. 
 (p) No Violation or Default. As of the date hereof, neither the Company
nor any of its Significant Subsidiaries is in violation of its charter or by-laws or similar organizational documents. As of the date hereof, neither the Company nor any of its Subsidiaries is: (i) except as a result of the Proceedings, in default,
and no event has occurred that, with notice or lapse of time or both, would constitute such a default, in the due performance or observance of any term, covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement or
other agreement or instrument to which the Company or any of its Subsidiaries is a party or by which the Company or any of its Subsidiaries is bound or to which any of the property or assets of the Company or any of its Subsidiaries is subject; or
(ii) in violation of any law or statute or any judgment, order, rule or regulation of any court or arbitrator or governmental or regulatory authority, except, in the case of clauses (i) and (ii) above, for any such default or violation that would
not, individually or in the aggregate, have a Material Adverse Effect. 
 (q) Legal Proceedings. Except as described in the Disclosure
Statement or the Exchange Act Documents, as of the date hereof, there are no legal, governmental or regulatory investigations, actions, suits or proceedings pending to which the Company or any of its Subsidiaries is or may be a party or to which any
property of the Company or any of its Subsidiaries is or may be the subject that, individually or in the aggregate, if determined adversely to the Company or any of its Subsidiaries, could reasonably be expected to have a Material Adverse Effect or
materially and adversely affect the ability of the Company to perform its obligations under the Transaction Documents; as of the date hereof, no such investigations, actions, suits or proceedings are threatened or, to the best knowledge of the
Company, contemplated by any governmental or regulatory authority or threatened by others; and as of the date hereof, (i) there are no current or pending legal, governmental or regulatory actions, suits or proceedings that are required under the
Exchange Act to be described in the Exchange Act Documents that are not so described and (ii) there are no statutes, regulations or contracts or other documents that are required under the Exchange Act to be filed as exhibits to the Exchange Act
Documents or described in the Exchange Act Documents that are not so filed or described. 
 (r) Independent Accountants.
PricewaterhouseCoopers LLP (“PricewaterhouseCoopers”), who have certified certain financial statements of the Company and its Subsidiaries are independent public accountants with respect to the Company and its Subsidiaries as required by
the Securities Act. 
 (s) Title to Intellectual Property. As of the date hereof, the Company and its Subsidiaries own or possess
adequate rights to use all material patents, patent applications, trademarks, service marks, trade names, trademark registrations, service mark registrations, copyrights, licenses and know-how (including trade secrets and other unpatented and/or
unpatentable proprietary or confidential information, systems or procedures) necessary for the conduct of their respective businesses, except where the failure to own or possess any such rights could not reasonably be expected to have a Material
Adverse Effect; and as of the date hereof, 
  

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 except as could not reasonably be expected to have a Material Adverse Effect, the conduct of their respective businesses
will not conflict in any material respect with any such rights of others, and the Company and its Subsidiaries have not received any notice of any material claim of infringement or conflict with any such material rights of others. 
 (t) No Undisclosed Relationships. As of the date hereof, no relationship, direct or indirect, exists between or among the Company or any of its
Subsidiaries, on the one hand, and the directors, officers, stockholders, customers or suppliers of the Company or any of its Subsidiaries, on the other, that is required by the Exchange Act to be described in the Exchange Act Documents and that are
not described. 
 (u) Investment Company Act. As of the date hereof, the Company is not and, after giving effect to the offering and
sale of the Shares and the application of the proceeds thereof as described in the Prospectus, will not be required to register as an “investment company” or an entity “controlled” by an “investment company” within the
meaning of the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission thereunder. 
 (v) Licenses and
Permits. As of the date hereof, the Company and its Subsidiaries possess all licenses, certificates, permits and other authorizations issued by, and have made all declarations and filings with, the appropriate federal, state, local or foreign
governmental or regulatory authorities that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Disclosure Statement and the Exchange Act Documents, except where
the failure to possess or make the same would not, individually or in the aggregate, have a Material Adverse Effect; and as of the date hereof, except as described in the Disclosure Statement and the Exchange Act Documents and except as would not
reasonably be expected to have a Material Adverse Effect, neither the Company nor any of its Subsidiaries has received notice of any revocation or modification of any such license, certificate, permit or authorization or has any reason to believe
that any such license, certificate, permit or authorization will not be renewed in the ordinary course. 
 (w) Compliance With
Environmental Laws. As of the date hereof, the Company and its Subsidiaries (i) are in compliance with any and all applicable federal, state, local and foreign laws, rules, regulations, decisions and orders relating to the protection of human
health and safety, the environment or hazardous or toxic substances or wastes, pollutants or contaminants (collectively, “Environmental Laws”); (ii) have received and are in compliance with all permits, licenses or other approvals
required of them under applicable Environmental Laws to conduct their respective businesses; and (iii) have not received notice of any actual or potential liability for the investigation or remediation of any disposal or release of hazardous or
toxic substances or wastes, pollutants or contaminants, except, in the case of each of the clauses (i), (ii) and (iii), as would not, individually or in the aggregate, have a Material Adverse Effect. 
 (x) Compliance With ERISA. As of the date hereof, each employee benefit plan, within the meaning of Section 3(3) of the Employee Retirement Income
Security Act of 1974, as amended (“ERISA”), that is maintained, administered or contributed to by the Company or any of its affiliates for employees or former employees of the Company and its affiliates has been maintained in
compliance with its terms and the requirements of any applicable statutes, orders, rules and regulations, including but not limited to ERISA and the Internal Revenue Code of 
  

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 1986, as amended (the “Code”), except where the failure to comply with such applicable statutes, orders,
rules and regulations would not, individually or in the aggregate, have a Material Adverse Effect, as of the date hereof, no prohibited transaction, within the meaning of Section 406 of ERISA or Section 4975 of the Code, has occurred with respect to
any such plan excluding transactions effected pursuant to a statutory or administrative exemption, except such transactions that would not, individually or in the aggregate, have a Material Adverse Effect; and for each such plan that is subject to
the funding rules of Section 412 of the Code or Section 302 of ERISA, no “accumulated funding deficiency” as defined in Section 412 of the Code has, as of the date hereof, been incurred, whether or not waived, and, as of the date hereof,
the fair market value of the assets of each such plan (excluding for these purposes accrued but unpaid contributions) exceeds the present value of all benefits accrued under such plan determined using reasonable actuarial assumptions. 
 (y) Accounting Controls. As of the date hereof, the Company and its Subsidiaries maintain systems of internal accounting controls sufficient to
provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with
generally accepted accounting principles and to maintain asset accountability; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; and (iv) the recorded accountability for assets is
compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. 
 (z)
Insurance. As of the date hereof, the Company and its Subsidiaries have insurance covering their respective properties, operations, personnel and businesses, including business interruption insurance, which insurance is in amounts and insures
against such losses and risks as are customary for companies whose businesses are similar to the Company and its Subsidiaries; and, as of the date hereof, neither the Company nor any of its Subsidiaries has (i) received notice from any insurer or
agent of such insurer that capital improvements or other expenditures are required or necessary to be made in order to continue such insurance or (ii) any reason to believe that it will not be able to renew its existing insurance coverage as and
when such coverage expires or to obtain similar coverage at reasonable cost from similar insurers as may be necessary to continue its business. 
 (aa) No Unlawful Payments. As of the date hereof, neither the Company nor any of its Subsidiaries nor, to the best knowledge of the Company, any director, officer, agent, employee or other person associated with or acting on behalf
of the Company or any of its Subsidiaries has (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to political activity; (ii) made any direct or indirect unlawful payment to any foreign
or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful
payment. 
 (bb) No Restrictions on Subsidiaries. Except as described in the Disclosure Statement or otherwise set forth in the record
of the Proceedings, and subject to the Bankruptcy Code, no Subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the
Company, from making any other distribution on such Subsidiary’s capital stock, from repaying to the 
  

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 Company any loans or advances to such Subsidiary from the Company or from transferring any of such Subsidiary’s
properties or assets to the Company or any other Subsidiary of the Company. 
 (cc) No Broker’s Fees. Neither the Company nor any
of its Subsidiaries is a party to any contract, agreement or understanding with any person (other than this Agreement) that would give rise to a valid claim against the Company or any of its Subsidiaries or the Investor for a brokerage commission,
finder’s fee or like payment in connection with the offering and sale of the Rights or the Shares. 
 (dd) No Registration
Rights. Except as will be expressly provided in the Registration Rights Agreement or the Disclosure Statement, no person has the right to require the Company or any of its Subsidiaries to register any securities for sale under the Securities Act
by reason of the filing of the Registration Statement with the Commission or the issuance and sale of the Rights and the Shares. 
 (ee)
No Stabilization. The Company has not taken, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Shares. 
 (ff) Business With Cuba. The Company has complied with all provisions of Section 517.075, Florida Statutes (Chapter 92-198, Laws of Florida)
relating to doing business with the Government of Cuba or with any person or affiliate located in Cuba. 
 (gg) Margin Rules. Neither
the issuance, sale and delivery of the Rights or the Shares nor the application of the proceeds thereof by the Company as to be described in the Registration Statement and the Prospectus will violate Regulation T, U or X of the Board of Governors of
the Federal Reserve System or any other regulation of such Board of Governors. 
 (hh) Forward-Looking Statements. No forward-looking
statement (within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act) contained in the case of the Disclosure Statement and the Exchange Act Documents, has been made or reaffirmed, and in the case of the
Registration Statement and the Prospectus, will be made or reaffirmed, without a reasonable basis or has been disclosed other than in good faith. 
 (ii) Statistical and Market Data. Nothing has come to the attention of the Company that has caused the Company to believe that the statistical and market-related data to be included in the Disclosure Statement, Registration Statement
and the Prospectus is not based on or derived from sources that are reliable and accurate in all material respects. 
 4. Representations and Warranties
of the Investor. The Investor represents and warrants to, and agrees with, the Company as set forth below. Each representation, warranty and agreement is made as of the date hereof and as of the Closing Date: 
 (a) Incorporation. The Investor has been duly incorporated and is validly existing as a corporation in good standing under the laws of Delaware.

  

 -14- 

 (b) Corporate Power and Authority. The Investor has the requisite corporate power and authority to
enter into, execute and deliver this Agreement and to perform its obligations hereunder and thereunder and has taken all necessary corporate action required for the due authorization, execution, delivery and performance by it of this Agreement and
the Registration Rights Agreement. 
 (c) Execution and Delivery. This Agreement has been duly and validly executed and delivered by
the Investor and constitutes its valid and binding obligation, enforceable against it in accordance with its terms. 
 (d) Securities Laws
Compliance. The Unsubscribed Shares will not be offered for sale, sold or otherwise transferred by the Investor except pursuant to a registration statement or in a transaction exempt from or not subject to registration under the Securities Act
and any applicable state securities laws. 
 (e) Sophistication. The Investor has such knowledge and experience in financial and
business matters that it is capable of evaluating the merits and risks of its investment in the Shares being acquired hereunder. The Investor is an “accredited investor” within the meaning of Rule 501(a) under the Securities Act. The
Investor understands and is able to bear any economic risks associated with such investment (including, without limitation, the necessity of holding the Shares for an indefinite period of time). 
 (f) Information. The Investor acknowledges that it has been afforded the opportunity to ask questions and receive answers concerning the Company
and to obtain additional information that it has requested to verify the accuracy of the information contained herein. Notwithstanding the foregoing, nothing contained herein will operate to modify or limit in any respect the representations and
warranties of the Company or to relieve it from any obligations to the Investor for breach thereof or the making of misleading statements or the omission of material facts in connection with the transactions contemplated herein. 
  

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 5. Additional Covenants of the Company. The Company agrees with the Investor: 
 (a) Agreement Motion and Agreement Order. To file a motion and supporting papers (the “Agreement Motion”) (including an order in
form and substance satisfactory to each of the Company and the Investor) seeking an order of the Bankruptcy Court (the “Agreement Order”) approving this Agreement and the exhibits attached hereto, the Syndication Agreement, the
payment of the Backstop Fee, Extension Fee and Termination Fee provided for herein, and the release and exculpation of the Investor, its affiliates, representatives and advisors from any liability for participation in the transactions contemplated
hereby, by the Registration Rights Agreement, the Amended Plan and the Syndication Agreement to the fullest extent permitted under applicable law. The Company agrees that it shall use its reasonable best efforts, subject to any applicable fiduciary
duties, to (i) fully support the Agreement Motion, and any application seeking Bankruptcy Court approval and authorization to pay the fees and expenses hereunder including the Termination Fee, if any, as an administrative expense of the estate,
including, but not limited to, filing supporting affidavits on behalf of the Company and/or its financial advisor and providing the testimony of the affiants if needed and (ii) obtain approval of the Agreement Order as soon as practicable following
the filing of the motion therefor. 
 (b) Amended Plan and Amended Disclosure Statement. To file the Amended Plan (and a related
disclosure statement (the “Amended Disclosure Statement”)) in a form that is reasonably satisfactory to the Company and the other Amended Plan Proponents, and that is consistent in all material respects with the Settlement Term
Sheet, and to use its reasonable best efforts to obtain the entry of the Confirmation Order by the Bankruptcy Court. The Company will, subject to the reasonable consent of the other Amended Plan Proponents, authorize, execute, file with the
Bankruptcy Court and seek confirmation of, an Amended Plan that (i) is consistent in all material respects with this Agreement, (ii) provides for the release and exculpation of the Investor, its affiliates, representatives and advisors to the
fullest extent permitted under applicable law, and (iii) has conditions to confirmation and the effective date of the Amended Plan (and to what extent any such conditions can be waived and by whom) that are reasonably consistent with this Agreement.
The Company will provide to the Investor and its counsel a copy of the Amended Plan and the Amended Disclosure Statement and a reasonable opportunity to review and comment on such documents prior to such documents being filed with the Bankruptcy
Court. In addition, the Company will provide to the Investor and its counsel a copy of the Confirmation Order and a reasonable opportunity to review and comment on such order prior to such order being filed with the Bankruptcy Court. 
 (c) Rights Offering. To effectuate the Rights Offering as provided herein and to use reasonable best efforts to seek entry of an order of the
Bankruptcy Court, prior to the commencement of the Rights Offering, authorizing the Company to conduct the Rights Offering pursuant to the securities exemption provisions set forth in section 1145(a) of the Bankruptcy Code. 
 (d) Listing. To use reasonable best efforts to list and maintain the listing of the New Common Stock (and any applicable associated share purchase
rights) on the NYSE or the quotation of the New Common Stock (and any applicable associated share purchase rights) on the Nasdaq National Market. 
  

 -16- 

 (e) Notification. To notify, or to cause the Subscription Agent to notify, on each Friday during
the Rights Exercise Period and on each Business Day during the five Business Days prior to the Expiration Time (and any extensions thereto), or more frequently if reasonably requested by the Investor, the Investor of the aggregate number of Rights
known by the Company or the Subscription Agent to have been exercised pursuant to the Rights Offering as of the close of business on the preceding Business Day or the most recent practicable time before such request, as the case may be. 

(f) Unsubscribed Shares. To determine the number of Unsubscribed Shares, if any, in good faith, to provide a Purchase Notice or a Satisfaction
Notice that accurately reflects the number of Unsubscribed Shares as so determined and to provide to the Investor a certification by the Subscription Agent of the Unsubscribed Shares or, if such certification is not available, such written backup to
the determination of the Unsubscribed Shares as Investor may reasonably request. 
 (g) Stock Splits, Dividends, etc. In the event of
any stock split, stock dividend, stock combination or similar transaction affecting the number of issued and outstanding shares of New Common Stock, the Purchase Price and the number of Unsubscribed Shares to be purchased hereunder will be
proportionally adjusted to reflect the increase or decrease in the number of issued and outstanding shares of New Common Stock. 
 (h)
HSR. To use its reasonable best efforts to promptly prepare and file all necessary documentation and to effect all applications that are necessary or advisable under the HSR Act so that the applicable waiting period shall have expired or been
terminated thereunder with respect to the purchase of Shares hereunder, and not to take any action that is intended or reasonably likely to materially impede or delay the ability of the parties to obtain any necessary approvals required for the
transactions contemplated by this Agreement. 
 (i) Effectiveness of the Registration Statement. To use its reasonable best efforts to
prepare and file, in cooperation with the Investor, a shelf registration statement (the “Registration Statement”) covering resales of New Common Stock held by the Investor and the Ultimate Purchasers as soon as practicable after the
date hereof and provide the Investor with a reasonable opportunity to review and propose changes to the Registration Statement before any filing with the Commission; to advise the Investor, promptly after it receives notice thereof, of the time when
the Registration Statement has been filed or has become effective or any prospectus or prospectus supplement has been filed and to furnish the Investor with copies thereof; to advise the Investor promptly after it receives notice thereof of any
comments or inquiries by the Commission (and to furnish the Investor with copies of any correspondence related thereto), of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus, of the
initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement or prospectus or for additional information. The foregoing provisions, as well as
provisions applicable to customary demand and piggyback registration rights, shall be set forth in the Registration Rights Agreement. 
 (j)
Clear Market. For a period of 180 days after the Closing Date (unless the Put Agreement (as defined in Section 5(n)) has been entered into, in which case, until the end of the 
  

 -17- 

 exercise period under the Put Agreements (as defined below)) (the “Restricted Period”), the Company will
not (i) offer, pledge, announce the intention to sell, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of,
directly or indirectly, any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for capital stock of the Company or (ii) enter into any swap or other agreement that transfers, in whole or in part,
any of the economic consequences of ownership of the capital stock of the Company, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of capital stock of the Company or such other securities, in cash or
otherwise, without the prior written consent of the Investor, except for (i) Rights and New Common Stock issuable upon exercise of Rights, (ii) shares of New Common Stock issued upon the exercise of any stock options outstanding as of the Effective
Date, (iii) the issuance of New Common Stock and other equity interests as set forth in the Settlement Term Sheet and pursuant to the Amended Plan and (iv) the issuance in the aggregate of up to 5% of the outstanding New Common Stock as of the
Closing Date. Notwithstanding the foregoing, if (1) during the last 17 days of the Restricted Period, the Company issues an earnings release or material news or a material event relating to the Company occurs; or (2) prior to the expiration of the
Restricted Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Restricted Period, the restrictions imposed by this Agreement shall continue to apply until the expiration of
the 18-day period beginning on the issuance of the earnings release or the occurrence of the material news or material event. 
 (k) Use
of Proceeds. The Company will apply the net proceeds from the sale of the Rights or the Shares as provided in the Settlement Term Sheet under the heading “Use of Proceeds”. 
 (l) No Stabilization. The Company will not take, directly or indirectly, any action designed to or that could reasonably be expected to cause or
result in any stabilization or manipulation of the price of the Shares. 
 (m) Reports. So long as the Investor holds Shares, the
Company will furnish to the Investor, as soon as they are available, copies of all reports or other communications (financial or other) furnished to holders of the Rights or the Shares, as the case may be, and copies of any reports and financial
statements furnished to or filed with the Commission or any national securities exchange or automatic quotation system. 
 (n) Put
Agreements; Call Agreements; and Registration Rights Agreements. The Company agrees that it shall file with the Bankruptcy Court no less than 5 Business Days prior to the hearing to approve the Amended Disclosure Statement forms of (i)
definitive agreements, reasonably satisfactory to the Investor, relating to obligations of the Ultimate Purchasers to purchase 28.6 million shares of New Common Stock from the Asbestos PI Trust (the “Put Agreements”), and relating
to obligations of the Asbestos PI Trust to sell 28.6 million shares of New Common Stock to the Ultimate Purchasers (the “Call Agreements” and together with the Put Agreement, the “Collars”), and (ii) a registration rights
agreement (the “Registration Rights Agreement”) in form and substance reasonably satisfactory to the Company and the Investor and which shall include the terms set forth in Exhibit C hereto. The Company and the Investor shall use
reasonable best efforts to negotiate and execute, and seek Bankruptcy Court approval of, the 
  

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 Registration Rights Agreement as promptly as practicable; provided that, the Company shall not be required to seek an
approval outside of the Confirmation Hearing to approve the Registration Rights Agreement. 
 6. Additional Covenants of the Investor. The Investor
agrees with the Company: 
 (a) Information. To provide the Company with such information as the Company reasonably requests regarding
the Investor for inclusion in the Registration Statement and the Disclosure Statement. 
 (b) HSR Act. To use reasonable best efforts
to promptly prepare and file all necessary documentation and to effect all applications that are necessary or advisable under the HSR Act so that the applicable waiting period shall have expired or been terminated thereunder with respect to the
purchase of Shares hereunder, and not to take any action that is intended or reasonably likely to materially impede or delay the ability of the parties to obtain any necessary approvals required for the transactions contemplated by this Agreement.

 (c) To use reasonable efforts to facilitate the entry of the Agreement Order. 
 (d) To not file any pleading or take any other action in the Bankruptcy Court with respect to this Agreement, the Amended Plan, the Amended Disclosure
Statement or the Confirmation Order of the consummation of the transactions contemplated hereby or thereby that is inconsistent in any material respect with this Agreement or the Company’s efforts to obtain the entry of court orders consistent
with this Agreement. 
 (e) Document Approval. To approve the documents listed in subparts (i) through (iii) of Section 7(b)
within the time limits set forth therein so long as such documents satisfy the criteria set forth in subparts (i) through (iii) of such section. 
 7.
Conditions to the Obligations of the Investor. The obligation of the Investor to purchase the Unsubscribed Shares pursuant to the Backstop Commitment on the Closing Date are subject to the following conditions: 
 (a) Agreement Order. The Agreement Order shall have been entered by the Bankruptcy Court in the form satisfactory to each of the Company and the
Investor, and the Agreement Order shall have become a Final Agreement Order. 
 (b) Approval of Amended Plan. The Investor shall have
approved in writing (i) prior to filing with the Bankruptcy Court, a draft of the Amended Plan that (A) is consistent in all material respects with this Agreement, (B) is consistent in all material respects with the Settlement Term Sheet, (C)
provides for the release and exculpation of the Investor, its affiliates, representatives and advisors to the fullest extent permitted under applicable law, and (D) has conditions to confirmation and the effective date of the plan (and to what
extent any such conditions can be waived and by whom) that are consistent with this Agreement in all material respects; (ii) prior to filing with the Bankruptcy Court, a draft of the Amended Disclosure Statement that is consistent in all material
respects with the Amended Plan as it relates to this Agreement; (iii) prior to filing with the Bankruptcy Court, a draft of the Confirmation Order, that is consistent in all material respects with the provisions of the Amended Plan specified in

  

 -19- 

 7(b)(i)(A)-(D) above; and (iv) prior to filing with the Bankruptcy Court, drafts of any amendments or supplements to any
of the foregoing, to the extent any such amendment or supplement effects a material change to the Amended Plan as it relates to this Agreement or any change to the total amount of or conditions to the payments made or to be made under this
Agreement. 
 (c) Inconsistent Transaction. Subject to the approval of this Agreement by the Bankruptcy Court, the Company shall not
have made a public announcement, entered into an agreement, or filed any pleading or document with the Bankruptcy Court, evidencing its intention to support, or otherwise supported, any transaction inconsistent with the Amended Plan approved by the
Investor in accordance with Section 7(b) or this Agreement (a “Competing Transaction”). 
 (d) Confirmation
Order. The Confirmation Order shall have been entered by the Bankruptcy Court and such order shall be non-appealable, shall not have been appealed within ten calendar days of entry or, if such order is appealed, shall not have been stayed
pending appeal, and there shall not have been entered by any court of competent jurisdiction any reversal, modification or vacatur, in whole or in part, of the Confirmation Order. 
 (e) Amended Plan and Confirmation Order. The Amended Plan, as approved, and the Confirmation Order as entered, by the Bankruptcy Court, shall be
in the form approved by Investor in accordance with Section 7(b), with such amendments, modifications or changes that (i) are consistent in all respects with this Agreement, (ii) are consistent in all material respects with the form of the
Amended Plan and the Confirmation Order approved by the Investor pursuant to Section 7(b), (iii) provide for the release and exculpation of the Investor, its affiliates, representatives and advisors to the fullest extent permitted under
applicable law and (iv) otherwise are consistent in all material respects with the Settlement Term Sheet. 
 (f) Conditions to
Confirmation. The conditions to confirmation and the conditions to the effective date of the Amended Plan have been satisfied or waived by the Company and the other Amended Plan Proponents in accordance with the Amended Plan, and the Effective
Date shall have occurred or will occur on the Closing Date. 
 (g) Registration Statement. The Registration Statement shall be
effective not later than the Effective Date and no stop order shall have been entered by the Commission with respect thereto. 
 (h)
Rights Offering. The Company shall have commenced the Rights Offering, the Rights Offering shall have been conducted in accordance with Section 1145 under the Bankruptcy Code and in all material respects in accordance with this Agreement and
the Expiration Time shall have occurred. 
 (i) Purchase Notice. The Investor shall have received a Purchase Notice in accordance with
Section 1(f) from the Company, dated as of the Determination Date, certifying as to the number of Unsubscribed Shares to be purchased pursuant to the Backstop Commitment. 
 (j) Valid Issuance. The New Common Stock shall be, upon payment of the aggregate Purchase Price as provided herein, validly issued, fully paid,
non-assessable and free and clear of all taxes, liens, pre-emptive rights, rights of first refusal, subscription and similar rights. 
  

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 (k) No Restraint. No judgment, injunction, decree or other legal restraint shall prohibit the
consummation of the Amended Plan, the Rights Offering or the transactions contemplated by this Agreement. 
 (l) Extension Fee. If
required by Section 10(a)(ii), the Investor shall have received payment of the Extension Fee; the Extension Fee, if any, shall not have been required to be repaid, by the Bankruptcy Court or otherwise, to the Company. 
 (m) HSR Act. If any of the purchase of Shares by the Investor pursuant to this Agreement, the purchase of Shares from the Asbestos PI Trust (as
defined in the Settlement Term Sheet) pursuant to the agreements referred to in Section 10(a)(vi) hereof or the purchases from the Investor under the Syndication Agreement is subject to the terms of the HSR Act, the applicable waiting period shall
have expired or been terminated thereunder with respect to such purchase. 
 (n) Enforceability. This Agreement shall be valid and
enforceable against the Company and the Company shall not be in breach of this Agreement. 
 (o) NYSE/Nasdaq. The New Common Stock
issuable upon exercise of the Rights shall be approved for trading on the NYSE or Nasdaq, subject to official notice of issuance. 
 (p)
Comfort Letters. On the date of this Agreement and on the Closing Date, PricewaterhouseCoopers shall have furnished to the Investor, at the request of the Company, letters, dated the respective dates of delivery thereof and addressed to the
Investor, in form and substance reasonably satisfactory to the Investor, containing statements and information of the type customarily included in accountants’ “comfort letters” to underwriters with respect to the financial statements
and certain financial information contained or incorporated by reference in the Registration Statement and the Prospectus; provided, that the letter delivered on the Closing Date shall use a “cut-off” date no more than three business days
prior to such Closing Date. 
 (q) Opinion of Counsel for the Company. Sidley Austin LLP, counsel for the Company, shall have
furnished to the Investor, at the request of the Company, their written opinion and negative assurance statement relating to the Registration Statement and Prospectus1, dated the Closing Date and addressed to the Investor, in form and substance reasonably satisfactory to the Investor. 
 (r) No Legal Impediment to Issuance. No action shall have been taken and no statute, rule, regulation or order shall have been enacted, adopted or
issued in each by any federal, state or foreign governmental or regulatory authority that, as of the Closing Date, prohibits the issuance or sale of the Rights or the Shares or the resale of the Shares pursuant to the Syndication Agreement; and no
injunction or order of any federal, state or foreign court shall have been issued that, as of the Closing Date, prohibits the issuance or sale of the Rights or the Shares or the resale of the Shares pursuant to the Syndication Agreement. 

 

	1	Containing a 10b-5 statement. 

  

 -21- 

 (s) Good Standing. The Investor shall have received on and as of the Closing Date satisfactory
evidence of the good standing of the Company and its Significant Subsidiaries (as such term is defined in Article 1, Rule 1-02 of Regulation S-X promulgated pursuant to the Securities Act) in their respective jurisdictions of organization, in each
case in writing or any standard form of telecommunication from the appropriate governmental authorities of such jurisdictions. 
 (t)
Representations and Warranties and Covenants. The representations and warranties of the Company in paragraphs (a)-(h), (j)-(m), (o), (r) and (bb)-(ii) of Section 3 shall be true and correct on the date hereof and as if made on the
Closing Date, the representations and warranties of the Company in paragraphs (i), (n), (p), (q) and (s)-(aa) of Section 3 shall be true and correct on the date hereof (and shall not be required to be true on any subsequent date) and the
Company shall have complied in all material respects with all covenants to this Agreement and the Registration Rights Agreement. 
 (u)
Officer’s Certificate. The Investor shall have received on and as of the Closing Date a certificate of the chief financial officer or chief accounting officer of the Company and one additional senior executive officer of the Company who
is satisfactory to the Investor (i) confirming that such officers have carefully reviewed the Registration Statement and the Prospectus and, to the best knowledge of such officers, the information set forth therein is true and correct, (ii)
confirming that the Company has satisfied all conditions on its part to be performed or satisfied hereunder at or prior to such Closing Date and (iii) to the effect set forth in Sections 7(g) and 7(t) above. 
 (v) Bankruptcy Court Approval. The Collars and the Registration Rights Agreement shall have been approved by the Bankruptcy Court and shall have
been executed by the parties thereto in substantially the same form as the forms thereof filed with the Bankruptcy Court. 
 8. Indemnification. 
 (a) Subject to the approval of this Agreement by the Bankruptcy Court, whether or not the Rights
Offering is consummated or this Agreement or the Backstop Commitment is terminated, the Company (in such capacity, the “Indemnifying Party”) shall indemnify and hold harmless the Investor and Ultimate Purchasers, their respective
affiliates and their respective officers, directors, employees, agents and controlling persons (each an “Indemnified Person”) from and against any and all losses, claims, damages, liabilities and reasonable expenses, joint or
several, to which any such Indemnified Person may become subject arising out of or in connection with any claim, challenge, litigation, investigation or proceeding with respect to the Rights Offering, the Backstop Commitment, the Transaction
Documents, the Registration Statement or the Prospectus or the transactions contemplated thereby, including without limitation, payment of the Extension Fee, the Backstop Fee, or Termination Fee (as defined below), if any, distribution of Rights,
purchase and sale of Shares in the Rights Offering and purchase and sale of Shares pursuant to the Backstop Commitment, or any breach of the Company of this Agreement or the Registration Rights Agreement, regardless of whether any of such
Indemnified Persons is a party thereto, and to reimburse such Indemnified Persons for any reasonable legal or other reasonable out-of-pocket expenses as they are incurred in connection with investigating, responding to or defending any of the
foregoing, provided that the foregoing 
  

 -22- 

 indemnification will not, as to any Indemnified Person, apply to losses, claims, damages, liabilities or expenses to the
extent that they are finally judicially determined to have resulted from (i) bad faith, gross negligence or willful misconduct on the part of such Indemnified Person or (ii) statements or omissions in the Registration Statement or Prospectus or any
amendment or supplement thereto made in reliance upon or in conformity with information relating to the Investor or the Ultimate Purchaser furnished to the Company in writing by or on behalf of the Investor or the Ultimate Purchaser expressly for
use in the Registration Statement or Prospectus or any amendment or supplement thereto. If for any reason the foregoing indemnification is unavailable to any Indemnified Person or insufficient to hold it harmless, then the Indemnifying Party shall
contribute to the amount paid or payable by such Indemnified Person as a result of such loss, claim, damage, liability or expense in such proportion as is appropriate to reflect not only the relative benefits received by the Indemnifying Party on
the one hand and such Indemnified Person on the other hand but also the relative fault of the Indemnifying Party, on the one hand, and such Indemnified Person, on the other hand, as well as any relevant equitable considerations. It is hereby agreed
that the relative benefits to the Indemnifying Party on the one hand and all Indemnified Persons on the other hand shall be deemed to be in the same proportion as (i) the total value received or proposed to be received by the Company pursuant to the
sale of Shares contemplated by this Agreement bears to (ii) the fee paid or proposed to be paid to the Investor in connection with such sale. The Indemnifying Party also agree that no Indemnified Person shall have any liability based on their
exclusive or contributory negligence or otherwise to the Indemnifying Party, any person asserting claims on behalf of or in right of any of the Indemnifying Party, or any other person in connection with or as a result of the Rights Offering, the
Backstop Commitment, the Transaction Documents, the Registration Statement, the Prospectus or the transactions contemplated thereby, except as to any Indemnified Person to the extent that any losses, claims, damages, liability or expenses incurred
by the Company are finally judicially determined to have resulted from (i) bad faith, gross negligence or willful misconduct of such Indemnified Person in performing the services that are the subject of this Agreement or the Registration Rights
Agreement or (ii) statements or omissions in the Registration Statement or Prospectus or any amendment or supplement thereto made in reliance upon or in conformity with information relating to the Investor or the Ultimate Purchaser furnished to the
Company in writing by or on behalf of the Investor or the Ultimate Purchaser expressly for use in the Registration Statement or Prospectus or any amendment or supplement thereto; provided, however, that in no event shall an Indemnified Person or
such other parties have any liability for any indirect, consequential or punitive damages in connection with or as a result of any of their activities related to the foregoing. The indemnity, reimbursement and contribution obligations of the
Indemnifying Party under this Section 8 shall be in addition to any liability that the Indemnifying Party may otherwise have to an Indemnified Person and shall be binding upon and inure to the benefit of any successors, assigns, heirs and
personal representatives of the Indemnifying Party and any Indemnified Person. 
 (b) Promptly after receipt by an Indemnified Person of
notice of the commencement of any claim, litigation, investigation or proceeding relating to the Transaction Documents, the Registration Statement, the Prospectus or any of the transactions contemplated thereby (“Proceedings”), such
Indemnified Person will, if a claim is to be made hereunder against the Indemnifying Party in respect thereof, notify the Indemnifying Party in writing of the commencement thereof; provided that (i) the omission so to notify the Indemnifying Party
will not relieve it from any liability that it may have hereunder except to the extent it has been 
  

 -23- 

 materially prejudiced by such failure and (ii) the omission so to notify the Indemnifying Party will not relieve it from
any liability that it may have to an Indemnified Person otherwise than on account of this Section 8. In case any such Proceedings are brought against any Indemnified Person and it notifies the Indemnifying Party of the commencement thereof,
the Indemnifying Party will be entitled to participate therein, and, to the extent that it may elect by written notice delivered to such Indemnified Person, to assume the defense thereof, with counsel reasonably satisfactory to such Indemnified
Person, provided that if the defendants in any such Proceedings include both such Indemnified Person and the Indemnifying Party and such Indemnified Person shall have concluded that there may be legal defenses available to it that are different from
or additional to those available to the Indemnifying Party, such Indemnified Person shall have the right to select separate counsel to assert such legal defenses and to otherwise participate in the defense of such Proceedings on behalf of such
Indemnified Person. Upon receipt of notice from the Indemnifying Party to such Indemnified Person of its election so to assume the defense of such Proceedings and approval by such Indemnified Person of counsel, the Indemnifying Party shall not be
liable to such Indemnified Person for expenses incurred by such Indemnified Person in connection with the defense thereof (other than reasonable costs of investigation) unless (i) such Indemnified Person shall have employed separate counsel in
connection with the assertion of legal defenses in accordance with the proviso to the next preceding sentence (it being understood, however, that the Indemnifying Party shall not be liable for the expenses of more than one separate counsel, approved
by Investor, representing the Indemnified Persons who are parties to such Proceedings), (ii) the Indemnifying Party shall not have employed counsel reasonably satisfactory to such Indemnified Person to represent such Indemnified Person within a
reasonable time after notice of commencement of the Proceedings or (iii) the Indemnifying Party shall have authorized in writing the employment of counsel for such Indemnified Person. 
 (c) The Indemnifying Party shall not be liable for any settlement of any Proceedings effected without its written consent (which consent shall not be
unreasonably withheld). If any settlement of any Proceeding is consummated with the written consent of the Indemnifying Party or if there is a final judgment for the plaintiff in any such Proceedings, the Indemnifying Party agrees to indemnify and
hold harmless each Indemnified Person from and against any and all losses, claims, damages, liabilities and expenses by reason of such settlement or judgment in accordance with, and subject to the limitations of, the provisions of this Section 8.
Notwithstanding anything in this Section 8 to the contrary, if at any time an Indemnified Person shall have requested the Indemnifying Party to reimburse such Indemnified Person for legal or other expenses in connection with
investigating, responding to or defending any Proceedings as contemplated by this Section 8, the Indemnifying Party shall be liable for any settlement of any Proceedings effected without its written consent if (i) such settlement is entered
into more than (x) 60 days after receipt by the Indemnifying Party of such request for reimbursement and (y) 30 days after receipt by the Indemnified Party of the material terms of such settlement and (ii) the Indemnifying Party shall not have
reimbursed such Indemnified Person in accordance with such request prior to the date of such settlement. The Indemnifying Party shall not, without the prior written consent of an Indemnified Person (which consent shall not be unreasonably withheld),
effect any settlement of any pending or threatened Proceedings in respect of which indemnity has been sought hereunder by such Indemnified Person unless (a) such settlement includes an unconditional release of such Indemnified Person in form and
substance satisfactory to such Indemnified Person from all liability on the claims that are the subject matter of such Proceedings and (b) does not include any statement as to or any admission of fault, culpability or a failure to act by or on
behalf of any Indemnified Person. 
  

 -24- 

 9. Survival of Representations and Warranties, Etc. Notwithstanding any investigation at any time made by or on
behalf of any party hereto, all representations and warranties made in this Agreement will survive the execution and delivery of this Agreement and the Closing Date, except that the representations and warranties made in Sections 3(i), (n), (p) (q)
and (s)-(aa) will only survive for a period of three (3) years after the Closing Date. 
 10. Termination.

 (a) The Investor may terminate this Agreement: 
 (i) On or after June 30, 2006, if the Bankruptcy Court has not entered the Agreement Order; 
 (ii) On or
after October 31, 2006; provided that if the Company notifies the Investor in writing by 3:00 p.m. New York City time on or before October 24, 2006 that it wishes to extend such date until December 15, 2006, then the Investor may not
terminate pursuant to this paragraph (a)(ii) until December 15, 2006, provided that, as a condition to the effectiveness of such extension, the Company has paid to the Investor not later than 3:00 p.m. New York City time on October 31, 2006,
a fee (the “Extension Fee”) in the amount of $30,000,000, which amount will be paid to the Investor by the Company by wire transfer of immediately available funds; 
 (iii) Upon the failure of the Company to pay the Extension Fee, if any, when due; 
 (iv) Upon the failure of any of the conditions set forth in Section 7 hereof to be satisfied, which failure cannot be cured by October 31, 2006
or, if the Extension Fee has been paid, December 15, 2006; or 
 (v) If the Company makes a public announcement, enters into an agreement, or
files any pleading or document with the Bankruptcy Court, evidencing its intention to support, or otherwise supports, any Competing Transaction. 
 (b) Prior to the entry of the Agreement Order, the Company may provide written notice to the Investor of its determination not to proceed with the transactions contemplated hereby, whereupon this Agreement will terminate. 
 (c) If this Agreement is terminated pursuant to Section 10(b) and at the time of such termination the Investor is in compliance in all material
respects with this Agreement, then, subject to the approval of the Bankruptcy Court, the Company shall pay the Investor $20,000,000 (the “Termination Fee”), and, in any case, the Company shall pay to the Investor any Transaction
Expenses and any other amounts certified by the Investor to be due and payable hereunder that have not been paid theretofore. Payment of the amounts due under this Section 10(c), will be made by wire transfer of federal (same day) funds to
the account specified by the receiving party at least 24 hours in advance to the other party hereto. The provision for the 
  

 -25- 

 payment of the Termination Fee is an integral part of the transactions contemplated by this Agreement and without this
provision the Investor would not have entered into this Agreement and shall, subject to the approval of the Bankruptcy Court, constitute an administrative expense of the Company under section 364(c)(1) of the Bankruptcy Code. Accordingly, if payment
shall become due and payable pursuant to this Section, and suit is commenced which results in a final judgment against the Company no longer subject to appeal, the Company shall pay to the Investor its costs and expenses, including attorneys’
fees, in connection with collecting or enforcing its rights and remedies hereunder. 
 (d) In no event will the Termination Fee, if any, be
refundable upon termination of this Agreement pursuant to this Section 10. 
 (e) Upon termination under this Section 10, the
covenants and agreements made by the parties herein under Sections 8, 9 and 11 through 18 will survive indefinitely in accordance with their terms. 
 11. Notices. All notices and other communications in connection with this Agreement will be in writing and will be deemed given (and will be deemed to have been duly given upon receipt) if delivered personally,
sent via electronic facsimile (with confirmation), mailed by registered or certified mail (return receipt requested) or delivered by an express courier (with confirmation) to the parties at the following addresses (or at such other address for a
party as will be specified by like notice): 
  

	(a)	If to Investor, to: 

 J.P. Morgan Securities Inc.

 270 Park Avenue, 17th Floor 
 New York, New York 10017 
 Attention: Mr. Stanley Lim, 
 Operations Group 
 Fax: (212) 270-2157 
 with copies to:

 Stroock & Stroock & Lavan LLP 
 180 Maiden Lane 
 New York, New York 10038 
 Attention: Lewis Kruger 
                     Brett Lawrence 
 Fax: (212) 806-6006 
 and to: 
 Simpson Thacher & Bartlett LLP 
 425 Lexington Ave, 
 New York New York 10017 
 Attention: Michael
D. Nathan 
                     Mark
Thompson 
 Fax: (212) 455-2502 
  

 -26- 

	(b)	If to the Company, to: 

 Owens Corning 
 One Owens Corning Parkway 
 Toledo, Ohio 43659

 Attention: Michael Thaman 
                     Stephen Krull 
 Fax:
                                        

 with a copy to: 
 Sidley
Austin LLP 
 One South Dearborn 
 Chicago, Illinois 60603 
 Attention: Larry A. Barden 
                     James R. Looman 
 Fax: (312) 853-7036 
 12. Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights,
interests or obligations under this Agreement will be assigned by any of the parties (whether by operation of law or otherwise) without the prior written consent of the other party. Notwithstanding the previous sentence, this Agreement, or the
Investor’s obligations hereunder, may be assigned, delegated or transferred, in whole or in part, by the Investor to any Affiliate (as defined in Rule 12b-2 under the Exchange Act) of the Investor over which the Investor or any of its
Affiliates exercises investment authority, including, without limitation, with respect to voting and dispositive rights; provided, that any such assignee assumes the obligations of the Investor hereunder and agrees in writing to be bound by the
terms of this Agreement in the same manner as the Investor. Notwithstanding the foregoing or any other provisions herein, no such assignment will relieve the Investor of its obligations hereunder if such assignee fails to perform such obligations.
Except as provided in Section 8 with respect to the Indemnified Parties, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any person other than the parties
hereto any rights or remedies under this Agreement. 
 13. Prior Negotiations; Entire Agreement. This Agreement (including the agreements attached as
exhibits to and the documents and instruments referred to in this Agreement) constitutes the entire agreement of the parties and supersedes all prior agreements, arrangements or understandings, whether written or oral, between the parties with
respect to the subject matter of this Agreement, except that the parties hereto acknowledge that any confidentiality agreements heretofore executed among the parties will continue in full force and effect. 
 14. GOVERNING LAW; VENUE. THIS AGREEMENT WILL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF 
  

 -27- 

 DELAWARE. THE INVESTOR HEREBY IRREVOCABLY SUBMITS TO THE JURISDICTION OF, AND VENUE IN, THE UNITED STATES BANKRUPTCY
COURT FOR THE DISTRICT OF DELAWARE AND WAIVES ANY OBJECTION BASED ON FORUM NON CONVENIENS. 
 15. Counterparts. This Agreement may be executed
in any number of counterparts, all of which will be considered one and the same agreement and will become effective when counterparts have been signed by each of the parties and delivered to the other party (including via facsimile or other
electronic transmission), it being understood that each party need not sign the same counterpart. 
 16. Waivers and Amendments. This Agreement may be
amended, modified, superseded, cancelled, renewed or extended, and the terms and conditions of this Agreement may be waived, only by a written instrument signed by the parties or, in the case of a waiver, by the party waiving compliance, and
subject, to the extent required, to the approval of the Bankruptcy Court. No delay on the part of any party in exercising any right, power or privilege pursuant to this Agreement will operate as a waiver thereof, nor will any waiver on the part of
any party of any right, power or privilege pursuant to this Agreement, nor will any single or partial exercise of any right, power or privilege pursuant to this Agreement, preclude any other or further exercise thereof or the exercise of any other
right, power or privilege pursuant to this Agreement. The rights and remedies provided pursuant to this Agreement are cumulative and are not exclusive of any rights or remedies which any party otherwise may have at law or in equity. 
 17. Headings. The headings in this Agreement are for reference purposes only and will not in any way affect the meaning or interpretation of this Agreement.

 18. Specific Performance. The parties acknowledge and agree that any breach of the terms of this Agreement would give rise to irreparable harm for
which money damages would not be an adequate remedy, and, accordingly, the parties agree that, in addition to any other remedies, each will be entitled to enforce the terms of this Agreement by a decree of specific performance without the necessity
of proving the inadequacy of money damages as a remedy and without the necessity of posting bond. 
 19. Modifications Necessary to Reflect Corporate
Restructuring. The Amended Plan currently contemplates that, on the Effective Date, the Company intends to effect a restructuring plan which would organize the Company and its subsidiaries along the Company’s major business lines. This
restructuring plan may result in the creation of a new Delaware company to serve as the parent corporation and holding company for the Company and its subsidiaries (“Holdco”). To the extent that such plan to create the Holdco
structure is pursued with the approval of the Bankruptcy Court, the parties hereto shall consider in good faith making appropriate modifications to this Agreement and the Registration Rights Agreement to accommodate the Holdco
structure. 
 [Signature Page Follows] 
  

 -28- 

 If the foregoing is in accordance with your understanding, please sign and return to us a counterpart
hereof, and upon the acceptance hereof by you, this letter and such acceptance hereof will constitute a binding agreement between you and (subject to the approval of the Bankruptcy Court) the Company. 
  

			
	Very truly yours,
	
	OWENS CORNING
		
	By:	 	 /s/ Stephen K. Krull

	Name:	 	
	Title:	 	

  

			
	
	Accepted as of the date hereof:
	
	J.P. MORGAN SECURITIES INC.
		
	By:	 	 /s/ Eric Rosen

	Name:	 	Eric Rosen
	Title:	 	Managing Director

 [Signature Page of Equity Commitment Agreement] 

 EXECUTION COPY 
 FIRST AMENDMENT TO THE EQUITY COMMITMENT AGREEMENT 
 FIRST AMENDMENT TO THE EQUITY COMMITMENT
AGREEMENT dated as of October 27, 2006 (the “Amendment”), by and among Owens Corning (Reorganized) Inc., a Delaware corporation (“Owens Corning”), Owens Corning, a Delaware corporation (as debtor-in-possession,
and as a reorganized debtor, the “Company”), and J.P. Morgan Securities Inc. (the “Investor”). 
 RECITALS

 WHEREAS, the Company and the Investor have heretofore executed and delivered an Equity Commitment Agreement, dated as of
May 10, 2006 (the “Agreement”), by and between the Company and the Investor pursuant to which, in order to facilitate the Rights Offering (as defined in the Agreement), the Investor agreed to purchase on the Closing Date (as
defined in the Agreement), and the Company agreed to sell, the Unsubscribed Shares (as defined in the Agreement), subject to the terms, conditions and limitations set forth in the Agreement; 
 WHEREAS, on July 10, 2006, the Company and certain of its subsidiaries filed a proposed Sixth Amended Joint Plan of Reorganization (as
Modified) with the United States Bankruptcy Court for the District of Delaware; 
 WHEREAS, pursuant to the Plan, the Company was
required to conduct a Rights Offering whereby each Eligible Holder, as of the Record Date, was offered the Right to purchase up to its Pro Rata share of 72,900,000 Shares at the Purchase Price; 
 WHEREAS, as contemplated by the Amended Plan, the Company intends to effect a restructuring plan which would organize the Company and its
subsidiaries along the Company’s major business lines in connection with which Owens Corning was created to serve as the parent corporation and holding company for the Company and all its subsidiaries; 
 WHEREAS, pursuant to Section 19 of the Agreement, the parties to the Agreement agreed to consider in good faith appropriate modifications to
the Agreement to accommodate the restructuring plan and the holding company structure. 
 AGREEMENTS 
 NOW, THEREFORE, in consideration of the foregoing, and the representations, warranties and covenants set forth herein and in the Agreement, and
other good and valuable consideration, Owens Corning, the Company and the Investor agree as follows: 
 ARTICLE I 
 AMENDMENTS 
 1.1
Amendments to Definitions. Each capitalized term used but not defined in this Amendment shall have the meaning given to it in the Agreement, except that the following definitions in the Agreement are hereby amended and restated as
follows: 

 1.1.1 “Agreement” means the Equity Commitment Agreement, dated as of
May 10, 2006, by and between the Company and the Investor, as amended by this Amendment and as further amended from time to time. 
 1.1.2 “Material Adverse Effect” means a material adverse effect on the business, results of operations, property or condition (financial or otherwise) of Owens Corning and its Subsidiaries taken as a
whole, or the Company and its Subsidiaries taken as a whole, as the case may be, or on the ability of Owens Corning or the Company, as the case may be, subject to the approvals and other authorizations set forth in Section 3(g) of the
Agreement, to consummate the transactions contemplated by the Agreement or the Amended Plan. 
 1.1.3 “New Common
Stock” means shares of common stock, par value $0.01 per share, of Owens Corning. 
 1.2 Amendments to
Section 1. 
 1.2.1 Section 1(d) of the Agreement is hereby amended by replacing the reference to “the
Company” with a reference to “Owens Corning.” 
 1.3 Amendments to Section 2. 

1.3.1 Section 2(a) of the Agreement is hereby amended by replacing the reference to “the Company” with a reference to
“Owens Corning.” 
 1.3.2 The last two sentences of Section 2(c) of the Agreement are hereby amended and
restated as follows: 
 “Subject to the entry of the Agreement Order, the filing fee, if any, required by the HSR Act
(as defined below) shall be paid by Owens Corning or the Company on behalf of the Investor when filings under the HSR Act are made, together with all expenses of the Investor incurred to comply therewith. These obligations are in addition to, and do
not limit, Owens Corning’s and the Company’s obligations under Section 8.” 
 1.3.3 Sections 2(d) and
(e) of the Agreement are hereby amended and restated as follows: 
 (d) As promptly as practicable, but in any event at least four
(4) Business Days prior to the Closing Date, the Company will provide a Purchase Notice or a Satisfaction Notice to the Investor as provided above, setting forth a true and accurate determination of the aggregate number of Unsubscribed Shares,
if any; provided, that on the Closing Date the Investor will purchase, and Owens Corning will sell, only such number of Unsubscribed Shares as are listed in the Purchase Notice, without prejudice to the rights of the Investor to seek later an upward
or downward adjustment if the number of Unsubscribed Shares in such Purchase Notice is inaccurate. 
 (e) Delivery of the Unsubscribed
Shares will be made by Owens Corning to the account of the Investor (or to such other accounts as the Investor may designate) at 9:00 a.m., New York City time, on the Effective Date (the “Closing Date”) against payment of the aggregate
Purchase Price 

  

 2 

 
for the Shares by wire transfer of federal (same day) funds to the account specified by Owens Corning to the Investor at least 24 hours in advance.

 1.4 Amendments to Section 3. 
 1.4.1 Section 3(b)(i)(A) of the Agreement is hereby amended and restated as follows: 
 “The Company has the requisite corporate power and authority to enter into, execute and deliver this Agreement and, subject to entry of the
Agreement Order and the Confirmation Order (together, the “Court Orders”) and the expiration, or waiver by the Bankruptcy Court, of the 10-day period set forth in Rules 6004(g) and 3020(e) of the Federal Rules of Bankruptcy
Procedure (the “Bankruptcy Rules”) respectively, to perform its obligations hereunder and thereunder, including the issuance of the Rights. The Company has taken all necessary corporate action required for the due authorization,
execution, delivery and performance by it of this Agreement, including the issuance of the Rights.” 
 1.4.2
Section 3(b) of the Agreement is hereby amended by adding the following as Section 3(b)(iii): 
 (i) The Company
has the requisite corporate power and authority to enter into, execute and deliver the Amendment and to perform its obligations thereunder. The Company has taken all necessary corporate action required for the due authorization, execution, delivery
and performance by it of the Amendment. 
 1.4.3 Section 3(c) of the Agreement is hereby amended by adding the following
as Section 3(c)(iii): 
 (i) The Amendment has been duly and validly executed and delivered by the Company, and will
constitute the valid and binding obligations of the Company, enforceable against the Company in accordance with its terms. 
 1.4.4 Sections 3(d) and 3(e) of the Agreement are deleted in their entirety. 
 1.4.5 Section 3(f) of the
Agreement is hereby amended by adding the following paragraph: 
 The execution and delivery by the Company of the Amendment and the
performance of and compliance by the Company with all of the provisions hereof and the consummation of the transactions contemplated herein (including compliance by the Investor with its obligations hereunder) (i) will not conflict with or
result in a breach or violation of, any of the terms or provisions of, or constitute a default under (with or without notice or lapse of time, or both), or result, except to the extent provided in or contemplated by the Amended Plan, in the
acceleration of, or the creation of any lien under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the 

  

 3 

 
Company or any of its Subsidiaries is a party or by which the Company or any of its Subsidiaries is bound or to which any of the property or assets of the
Company or any of its Subsidiaries is subject, (ii) will not result in any violation of the provisions of the Certificate of Incorporation or Bylaws of the Company applicable to the Company from and after the Effective Date and (iii) will
not result in any violation of, or any termination or material impairment of any rights under, any statute or any license, authorization, injunction, judgment, order, decree, rule or regulation of any court or governmental agency or body having
jurisdiction over the Company or any of its Subsidiaries or any of their properties, except in any such case described in subclause (i) or (iii) as will not have or could not reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect and except in any such case described in subclause (i), for (x) the registration under the Securities Act of resales of the Shares following exercise of Rights, (y) filings with respect to and the
expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Act (the “HSR Act”) relating to the placement of Shares with the Investor and (z) such consents, approvals, authorizations, registrations or
qualifications as may be required under state securities or Blue Sky laws in connection with the purchase of the Shares by the Investor. 
 1.4.6 Section 3(g) of the Agreement is hereby amended by adding the following paragraph: 
 No consent,
approval, authorization, order, registration or qualification of or with any court or governmental agency or body having jurisdiction over the Company or any of its Subsidiaries or any of their properties is required for the execution and delivery
by the Company of the Amendment and performance of and compliance by the Company with all of the provisions hereof and the consummation of the transactions contemplated herein, except (i) the registration under the Securities Act of resales of
the Unsubscribed Shares, (ii) filings with respect to and the expiration or termination of the waiting period under the HSR Act relating to the placement of Shares with the Investor, (iii) the filing with the Secretary of State of the
State of Delaware of the Certificate of Incorporation to be applicable to the Company from and after the Effective Date and (iv) such consents, approvals, authorizations, registrations or qualifications (x) as may be required under NYSE or
Nasdaq rules and regulations in order to consummate the transactions contemplated herein, (y) as may be required under state securities or Blue Sky laws in connection with the purchase of the Shares by the Investor or (z) the absence of
which will not have or could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 1.4.7 The following shall be added as Section 3A of the Agreement: 
 3A. Representations and Warranties of Owens
Corning. Owens Corning represents and warrants to, and agrees with, the Investor as set forth below. Except for representations, warranties and agreements that are expressly limited 

  

 4 

 
as to their date, each representation, warranty and agreement is made as of the date hereof and as of the Closing Date: 
 (a) Owens Corning represents and warrants to, and agrees with, the Investor that each of the representations and warranties made by the Company in Section 3 of the
Agreement are true and correct as of the date hereof and, except for representations, warranties and agreements that are expressly limited as to their date, and as of the Closing Date. 
 (b) Incorporation and Qualification. Owens Corning and each of its Subsidiaries has been duly incorporated and is validly existing as a corporation in good standing under the laws of their respective
jurisdictions of incorporation, with the requisite power and authority to own its properties and conduct its business as currently conducted. Each of Owens Corning and its Subsidiaries has been duly qualified as a foreign corporation for the
transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties or conducts any business so as to require such qualification, except to the extent the failure to be so qualified or be
in good standing has not had or could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 (c) Corporate
Power and Authority. 
 (i) (A) Owens Corning has the requisite corporate power and authority to enter into, execute
and deliver this Agreement and the Amendment and to perform its obligations hereunder and thereunder, including the issuance of the Shares. Owens Corning has taken all necessary corporate action required for the due authorization, execution,
delivery and performance by it of this Agreement and the Amendment, including the issuance of the Shares. 
 (B) When
executed and delivered by Owens Corning, Owens Corning will have the requisite corporate power and authority to enter into, execute and deliver the Registration Rights Agreement and all necessary corporate action required for the due authorization,
execution, delivery and performance of the Registration Rights Agreement will have been taken by Owens Corning. 
 (d) Execution and Delivery;
Enforceability. 
 (i) This Agreement, the Amendment and the Registration Rights Agreement have been duly and validly
executed and delivered by Owens Corning, and each such document will constitute the valid and binding obligations of Owens Corning, enforceable against Owens Corning in accordance with their respective terms. 
 (e) Authorized Capital Stock. Upon the Effective Date, the authorized, issued and outstanding shares of capital stock of Owens Corning will conform to the
description set forth in the Registration Statement. As of the Operative Time and after giving effect to the restructuring plan pursuant to the Amended Plan, Owens Corning will own all the issued and outstanding shares of the Company and will have
no liabilities, except as contemplated by the Amended Plan or the Disclosure Statement. 
  

 5 

 (f) Issuance. The Shares to be issued and sold by Owens Corning to the Investor hereunder have been duly and
validly authorized and, when the Shares are issued and delivered against payment therefor in the Rights Offering or to the Investor hereunder, will be duly and validly issued, fully paid and non-assessable, and free and clear of all taxes, liens,
pre-emptive rights, rights of first refusal, subscription and similar rights. 
 (g) No Conflict. 
 (i) The sale, issuance and delivery of the Shares upon exercise of the Rights and the consummation of the Rights Offering and the
execution and delivery by Owens Corning of the Amendment and the performance of and compliance by Owens Corning with all of the provisions hereof and of the Amended Plan and the consummation of the transactions contemplated herein and therein
(including compliance by the Investor with its obligations hereunder and thereunder) (i) will not conflict with or result in a breach or violation of, any of the terms or provisions of, or constitute a default under (with or without notice or
lapse of time, or both), or result, except to the extent provided in or contemplated by the Amended Plan, in the acceleration of, or the creation of any lien under, any indenture, mortgage, deed of trust, loan agreement or other agreement or
instrument to which Owens Corning or any of its Subsidiaries is a party or by which Owens Corning or any of its Subsidiaries is bound or to which any of the property or assets of Owens Corning or any of its Subsidiaries is subject, (ii) will
not result in any violation of the provisions of the Certificate of Incorporation or Bylaws of Owens Corning included in the Registration Statement and as applicable to Owens Corning from and after the Effective Date and (iii) will not result
in any violation of, or any termination or material impairment of any rights under, any statute or any license, authorization, injunction, judgment, order, decree, rule or regulation of any court or governmental agency or body having jurisdiction
over Owens Corning or any of its Subsidiaries or any of their properties, except in any such case described in subclause (i) or (iii) as will not have or could not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect and except in any such case described in subclause (i), for (x) the registration under the Securities Act of resales of the Shares following exercise of Rights, (y) filings with respect to and the expiration or
termination of the waiting period under the Hart-Scott-Rodino Antitrust Act (the “HSR Act”) relating to the placement of Shares with the Investor and (z) such consents, approvals, authorizations, registrations or qualifications as may
be required under state securities or Blue Sky laws in connection with the purchase of the Shares by the Investor. 
 (h) Consents and Approvals.

 (i) No consent, approval, authorization, order, registration or qualification of or with any court or governmental agency
or body having jurisdiction over Owens Corning or any of its Subsidiaries or any of their properties is required for the sale, issuance and delivery of the Shares upon exercise of the Rights or to Investor hereunder and the consummation of the
Rights Offering and the execution and delivery by Owens Corning of the Amendment and the Registration Rights Agreement and performance of and compliance by Owens Corning with all of the provisions hereof, thereof and of the Amended Plan and the
consummation of the transactions contemplated herein and 

  

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therein, except (i) the registration under the Securities Act of resales of the Unsubscribed Shares, (ii) filings with respect to and the
expiration or termination of the waiting period under the HSR Act relating to the placement of Shares with the Investor, (iii) the filing with the Secretary of State of the State of Delaware of the Certificate of Incorporation to be applicable
to Owens Corning from and after the Effective Date and (iv) such consents, approvals, authorizations, registrations or qualifications (x) as may be required under NYSE or Nasdaq rules and regulations in order to consummate the transactions
contemplated herein, (y) as may be required under state securities or Blue Sky laws in connection with the purchase of the Shares by the Investor or (z) the absence of which will not have or could not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect. 
 (i) Arm’s Length. Owens Corning acknowledges and agrees that the Investor is
acting solely in the capacity of an arm’s length contractual counterparty to Owens Corning with respect to the transactions contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor
or a fiduciary to, or an agent of, Owens Corning or any other person. Additionally, the Investor is not advising Owens Corning or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. Owens Corning
shall consult with its own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and the Investor shall have no responsibility or liability to
Owens Corning with respect thereto. Any review by the Investor of Owens Corning, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Investor and shall not be on behalf
of Owens Corning. 
 (j) Financial Statements. The financial statements and the related notes thereto of Owens Corning included in the Registration
Statement and the Prospectus, comply in all material respects with the applicable requirements of the Securities Act, and present fairly in all material respects the financial position of Owens Corning as of the dates indicated and the results of
their operations and the changes in their cash flows for the periods specified; such financial statements have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout the periods covered
thereby (except as disclosed in the Exchange Act Documents); and the pro forma financial information and the related notes thereto included in the Registration Statement and the Prospectus, has been prepared in accordance with the applicable
requirements of the Securities Act, and the assumptions underlying such pro forma financial information are reasonable and are set forth in the Registration Statement and the Prospectus. 
 (k) Independent Accountants. PricewaterhouseCoopers, who have certified certain financial statements of Owens Corning, are independent public accountants with respect to Owens Corning as required by the
Securities Act. 
 (l) Investment Company Act. As of the date hereof, Owens Corning is not and, after giving effect to the offering and sale of the
Shares and the application of the proceeds thereof as described in the Prospectus, will not be required to register as an “investment company” or an entity “controlled” by an “investment company” within the meaning of
the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission thereunder. 
  

 7 

 (m) No Broker’s Fees. Neither Owens Corning nor any of its Subsidiaries is a party to any contract, agreement
or understanding with any person (other than this Agreement) that would give rise to a valid claim against Owens Corning or any of its Subsidiaries or the Investor for a brokerage commission, finder’s fee or like payment in connection with the
offering and sale of the Rights or the Shares. 
 (n) No Registration Rights. Except as will be expressly provided in the Registration Rights
Agreement, the Disclosure Statement or the Amended Plan, no person has the right to require Owens Corning or any of its Subsidiaries to register any securities for sale under the Securities Act by reason of the filing of the Registration Statement
with the Commission or the issuance and sale of the Rights and the Shares. 
 (o) No Stabilization. Owens Corning has not taken, directly or
indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Shares. 
 1.5 Amendments to Section 4. Section 4 of the Agreement is hereby amended by adding the following sentence after
the first sentence thereof: 
 “The Investor represents and warrants to, and agrees with, Owens Corning as set forth
below.” 
 1.5.1 Section 4(b) of the Agreement is hereby amended and restated as follows: 
 “Corporate Power and Authority. The Investor has the requisite corporate power and authority to enter into, execute and deliver the
Agreement and the Amendment and to perform its obligations hereunder and thereunder and has taken all necessary corporate action required for the due authorization, execution, delivery and performance by it of this Agreement, the Amendment and the
Registration Rights Agreement.” 
 1.5.2 Section 4(c) of the Agreement is hereby amended and restated as follows:

 “Execution and Delivery. This Agreement and the Amendment have been duly and validly executed and delivered by the Investor
and each such document will constitute its valid and binding obligation, enforceable against it in accordance with their respective terms.” 
 1.5.3 Section 4(f) of the Agreement is hereby amended and restated as follows: 
 “Information. The Investor acknowledges that it has been afforded the opportunity to ask questions and receive answers concerning the Company and Owens Corning and to obtain additional information that it has requested to verify
the accuracy of the information contained herein. Notwithstanding the foregoing, nothing contained herein will operate to modify or limit in any respect the 

  

 8 

 
representations and warranties of the Company or Owens Corning or to relieve them from any obligations to the Investor for breach thereof or the making of
misleading statements or the omission of material facts in connection with the transactions contemplated herein.” 
 1.6
Amendments to Section 5. 
 1.6.1 The first sentence of Section 5 of the Agreement is hereby amended and
restated as follows: 
 “Owens Corning and the Company agree with the Investor:” 
 1.6.2 Section 5(j) of the Agreement are hereby amended (c) by replacing all references therein to “the Company” with
references to “Owens Corning and the Company,” (d) by deleting the word “and” immediately prior to “(iv)” in the first sentence thereof and (e) by adding the following at the end of the first sentence thereof:

 “and (v) the transfer of shares of capital stock of the Company to Owens Corning to consummate the restructuring transactions
contemplated in the Amended Plan”. 
 1.6.3 Sections 5(k), (l) and (m) of the Agreement are hereby amended by
replacing all references to “the Company” with references to “Owens Corning and the Company.” 
 1.6.4
Section 5(n) of the Agreement is hereby amended replacing all references to “28.6” with references to “28.2.” 
 1.7 Amendments to Section 6. 
 1.7.1 The first sentence of Section 6
of the Agreement is hereby amended and restated as follows: 
 “The Investor agrees with Owens Corning and the Company:”

 1.7.2 Section 6(a) of the Agreement is hereby amended by replacing all references to “the Company” with
references to “Owens Corning and the Company.” 
 1.8 Amendments to Section 7. 
 1.8.1 Sections 7(n), (t) and (u) of the Agreement are hereby amended and restated as follows: 
 (n) Enforceability. This Agreement shall be valid and enforceable against Owens Corning and the Company, and neither Owens Corning nor the Company shall be in
breach of this Agreement. 
 (t) Representations and Warranties and Covenants. The representations and warranties of the Company in paragraphs
(a)-(h), (j)-(m), (o), (r), (bb)-(ii) of Section 3 shall be true and correct on 

  

 9 

 
the date hereof and as if made on the Closing Date, the representations and warranties of the Company in paragraphs (i), (n), (p), (q) and (s)-(aa) of
Section 3 shall be true and correct as of May 10, 2006 (and shall not be required to be true on any subsequent date), the representations and warranties of Owens Corning in paragraphs (a)-(k) and (m)-(o) of
Section 3A shall be true and correct on the date hereof and as if made on the Closing Date, the representations and warranties of Owens Corning in paragraph (l) of Section 3A shall be true and correct on the date hereof
(and shall not be required to be true on any subsequent date) and Owens Corning and the Company shall have complied in all material respects with all covenants to this Agreement and the Registration Rights Agreement. 
 (u) Officer’s Certificate. The Investor shall have received on and as of the Closing Date a certificate of the chief financial officer or chief accounting
officer of the Company and of Owens Corning and one additional senior executive officer of the Company and of Owens Corning who are satisfactory to the Investor (i) confirming that such officers have carefully reviewed the Registration
Statement and the Prospectus and, to the best knowledge of such officers, the information set forth therein is true and correct, (ii) confirming that Owens Corning and the Company have satisfied all conditions on their part to be performed or
satisfied hereunder at or prior to such Closing Date and (iii) to the effect set forth in Sections 7(g) and 7(t) above. 
 1.8.2 Section 7 of the Agreement is hereby amended by adding the following at the end thereof: 
 (w) Good Standing. The Investor shall
have received on and as of the Closing Date satisfactory evidence of the good standing of Owens Corning in its jurisdiction of incorporation, in writing or any standard form of telecommunication from the appropriate governmental authorities of such
jurisdiction. 
 1.9 Amendments to Section 8. Section 8 of the Agreement is hereby amended by
replacing all references to “the Company” with a collective reference to “Owens Corning and the Company.” All obligations of Owens Corning and the Company pursuant to Section 8 of the Agreement shall be on a joint and
several basis. 
 1.10 Amendments to Section 11. Section 11 of the Agreement is hereby amended by
replacing all references to “the Company” with references to “Owens Corning and the Company.” 
 ARTICLE II 
 MISCELLANEOUS 
 2.1
Representations and Warranties of the Company. The Company represents and warrants to, and agrees with, the Investor that each of the representations and warranties set forth in paragraphs (a)-(h), (j)-(m), (o), (r) and
(bb)-(ii) of Section 3 of the Agreement are true and correct on the date hereof. Owens Corning represents and warrants to, and agrees with, the Investor that each of the representations and warranties set forth in paragraphs
(b)-(o) of Section 3A of the Agreement are true and correct on the date hereof. 
 2.2 Representations and
Warranties of the Investor. The Backstop Purchasers holding a majority of the Purchase Commitments (other than the Initial Purchaser and its 
  

 10 

 
affiliates) (as each term is defined in the Syndication Agreement) have consented to the terms of this Amendment pursuant to Section 7(b) of the
Syndication Agreement. 
 2.3 Effect of Amendment. Upon the execution and delivery of this Amendment by the
parties hereto, the Amendment shall be effective; provided, that the amendments to the Agreement set forth in Article I of this Amendment shall not become operative until the Operative Time (as defined below). At the Operative Time, the
Agreement shall be amended in accordance herewith, and this Amendment shall form a part of the Agreement for all purposes and Owens Corning shall become a party to the Agreement as of the Operative Time as if originally named therein as a party
thereto, except that, in the case of conflict, this Amendment shall control. The Agreement, as modified and amended by this Amendment, is hereby ratified and confirmed in all respects and all the terms, conditions and provisions thereof shall remain
in full force and effect in accordance with its terms. In no event shall this Amendment affect any rights or obligations of the parties thereto arising prior to the Operative Time. The “Operative Time” shall occur simultaneously
with OCD’s emergence from Proceedings under the Bankruptcy Code on the Effective Date. 
 2.4 Expenses.
Owens Corning and the Company hereby confirm and agree that the provisions of Section 2(b) of the Agreement shall apply to this Amendment. 
 2.5 Assignment; Third Party Beneficiaries. This Amendment shall be subject to the provisions of Section 12 of the Agreement. 
 2.6 Governing Law. THIS AMENDMENT WILL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF
DELAWARE. EACH PARTY TO THIS AMENDMENT HEREBY IRREVOCABLY SUBMITS TO THE JURISDICTION OF, AND VENUE IN, THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE AND WAIVES ANY OBJECTION BASED ON FORUM NON CONVENIENS. 
 2.7 Counterparts. This Amendment may be executed in any number of counterparts, all of which will be considered one and the
same agreement and will become effective when counterparts have been signed by each of the parties and delivered to the other party (including via facsimile or other electronic transmission), it being understood that each party need not sign the
same counterpart. 
 2.8 Waivers and Amendments. This Amendment shall be subject to the provisions of
Section 16 of the Agreement. 
 2.9 Headings. The headings in this Amendment are for reference purposes
only and shall not in any way affect the meaning or interpretation of this Amendment. 
 2.10 Specific
Performance. This Amendment shall be subject to the provisions of Section 18 of the Agreement. 
 2.11
Severability. If any provision of this Amendment shall be invalid or unenforceable, such invalidity or unenforceability shall not affect the validity and enforceability of the remaining provisions of this Amendment, unless the result
thereof would be unreasonable 
  

 11 

 
in which case the parties hereto shall negotiate in good faith as to appropriate amendments hereto. 
  
  
 [Signature
Page Follows] 
  

 12 

 IN WITNESS WHEREOF, each of the parties has executed this Amendment as of the date first
written above. 
  

					
	OWENS CORNING
		
	By:	 	 /s/ Stephen K. Krull

		 	 Name:
	 	 Stephen K. Krull

		 	 Title:
	 	Sr. Vice President, General Counsel & Secretary

  
  

					
	OWENS CORNING (REORGANIZED) INC.
		
	By:	 	 /s/ Stephen K. Krull

		 	 Name:
	 	 Stephen K. Krull

		 	 Title:
	 	Sr. Vice President, General Counsel & Secretary

  
  

					
	J.P. MORGAN SECURITIES INC.
		
	By:	 	 /s/ John Abate

		 	 Name:
	 	 John Abate

		 	 Title:
	 	Authorized Signatory

  
  
  
  
  
  
  
 [Signature
Page to the First Amendment to the Equity Commitment Agreement]

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