Document:

Exhibit 4.1

   

  Execution Version

  
  
     

  

  
  

   

  COEUR MINING, INC.

   

  and each of the Guarantors PARTY HERETO

   

  5.125% SENIOR NOTES DUE 2029

   

  

  
  
     

  

  
   

  INDENTURE

   

  Dated as of March 1, 2021

   

  
  
     

  

  
   

  

  THE BANK OF NEW YORK MELLON

   

  Trustee

   

  

  
  
     

  

  
   

  
     

    
      
 

  

   

  

  TABLE OF CONTENTS

    

  	 	 	Page
	 	 	 
	 	ARTICLE 1.

            DEFINITIONS AND INCORPORATION

            BY REFERENCE	 
	 	 	 
	Section 1.01	Definitions	1
	Section 1.02	Other Definitions	30
	Section 1.03	[Reserved]	31
	Section 1.04	Rules of Construction	31
	 		 
	
          ARTICLE 2.

              THE NOTES

        
	Section 2.01	Form and Dating	31
	Section 2.02	Execution and Authentication	32
	Section 2.03	Registrar and Paying Agent	32
	Section 2.04	Paying Agent to Hold Money in Trust	33
	Section 2.05	Holder Lists	33
	Section 2.06	Transfer and Exchange	33
	Section 2.07	Replacement Notes	44
	Section 2.08	Outstanding Notes	45
	Section 2.09	Treasury Notes	45
	Section 2.10	Temporary Notes	45
	Section 2.11	Cancellation	46
	Section 2.12	Defaulted Interest	46
	Section 2.13	CUSIP Numbers	46
	 	 	 
	ARTICLE 3.

            REDEMPTION AND PREPAYMENT
	 	 	 
	Section 3.01	Notices to Trustee	47
	Section 3.02	Selection of Notes to Be Redeemed or Purchased	47
	Section 3.03	Notice of Redemption	47
	Section 3.04	Effect of Notice of Redemption	49
	Section 3.05	Deposit of Redemption or Purchase Price	49
	Section 3.06	Notes Redeemed or Purchased in Part	49
	Section 3.07	Optional Redemption	49
	Section 3.08	Mandatory Redemption	50
	Section 3.09	Offer to Purchase by Application of Excess Proceeds	50
	 	 	 
	ARTICLE 4.

            COVENANTS
	 	 	 
	Section 4.01	Payment of Notes	52
	Section 4.02	Maintenance of Office or Agency	52
	Section 4.03	Reports	53
	Section 4.04	Compliance Certificate	54
	Section 4.05	Taxes	54

   

  
     

    
      
 

  

  
   

  	 	 	Page
	 	 	 
	Section 4.06	Stay, Extension and Usury Laws	55
	Section 4.07	Restricted Payments	55
	Section 4.08	Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries	59
	Section 4.09	Incurrence of Indebtedness and Issuance of Preferred Stock	61
	Section 4.10	Asset Sales	65
	Section 4.11	Transactions with Affiliates	67
	Section 4.12	Liens	69
	Section 4.13	Business Activities	69
	Section 4.14	Corporate Existence	69
	Section 4.15	Offer to Repurchase Upon Change of Control	69
	Section 4.16	Additional Note Guarantees	71
	Section 4.17	Designation of Restricted and Unrestricted Subsidiaries	72
	Section 4.18	Changes in Covenants When Notes Rated Investment Grade	72
	 	 	 
	 	ARTICLE 5.

            SUCCESSORS	 
	 	 	 
	Section 5.01	Merger, Consolidation or Sale of Assets	73
	Section 5.02	Successor Corporation Substituted	74
	 	 	 
	 	ARTICLE 6.

            DEFAULTS AND REMEDIES	 
	 	 	 
	Section 6.01	Events of Default	75
	Section 6.02	Acceleration	77
	Section 6.03	Other Remedies	77
	Section 6.04	Waiver of Past Defaults	77
	Section 6.05	Control by Majority	78
	Section 6.06	Limitation on Suits	78
	Section 6.07	Rights of Holders of Notes to Receive Payment	78
	Section 6.08	Collection Suit by Trustee	78
	Section 6.09	Trustee May File Proofs of Claim	79
	Section 6.10	Priorities	79
	Section 6.11	Undertaking for Costs	79
	 	 	 
	 	ARTICLE 7.

            TRUSTEE	 
	 	 	 
	Section 7.01	Duties of Trustee	80
	Section 7.02	Rights of Trustee	81
	Section 7.03	Individual Rights of Trustee	82
	Section 7.04	Trustee’s Disclaimer	82
	Section 7.05	Notice of Defaults	82
	Section 7.06	Compensation and Indemnity	82
	Section 7.07	Replacement of Trustee	83
	Section 7.08	Successor Trustee by Merger, etc.	84
	Section 7.09	Eligibility; Disqualification	84
	 	 	 
	 	ARTICLE 8.

            LEGAL DEFEASANCE AND COVENANT DEFEASANCE	 

   

  
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  	 	 	Page
	 	 	 
	 	 	 
	Section 8.01	Option to Effect Legal Defeasance or Covenant Defeasance	84
	Section 8.02	Legal Defeasance and Discharge	84
	Section 8.03	Covenant Defeasance	85
	Section 8.04	Conditions to Legal or Covenant Defeasance	86
	Section 8.05	Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions	87
	Section 8.06	Repayment to Company	87
	Section 8.07	Reinstatement	88
	 	 	 
	 	ARTICLE 9.

            AMENDMENT, SUPPLEMENT AND WAIVER	 
	Section 9.01	Without Consent of Holders of Notes	88
	Section 9.02	With Consent of Holders of Notes	89
	Section 9.03	Revocation and Effect of Consents	90
	Section 9.04	Notation on or Exchange of Notes	90
	Section 9.05	Trustee to Sign Amendments, etc	91
	 	 	 
	 	ARTICLE 10.

            NOTE GUARANTEES	 
	Section 10.01	Guarantee	91
	Section 10.02	Limitation on Guarantor Liability	92
	Section 10.03	Execution and Delivery of Note Guarantee	92
	Section 10.04	Guarantors May Consolidate, etc., on Certain Terms	93
	Section 10.05	Releases	94
	 	 	 
	 	ARTICLE 11.

            SATISFACTION AND DISCHARGE	 
	Section 11.01	Satisfaction and Discharge	95
	Section 11.02	Application of Trust Money	96
	 	 	 
	 	ARTICLE 12.

            MISCELLANEOUS	 
	Section 12.01	Notices	96
	Section 12.02	Certificate and Opinion as to Conditions Precedent	98
	Section 12.03	Statements Required in Certificate or Opinion	98
	Section 12.04	Rules by Trustee and Agents	99
	Section 12.05	No Personal Liability of Directors, Officers, Employees and Stockholders	99
	Section 12.06	Governing Law; Submission to Jurisdiction	99
	Section 12.07	No Adverse Interpretation of Other Agreements	100
	Section 12.08	Successors	100
	Section 12.09	Severability	100
	Section 12.10	Counterpart Originals	100
	Section 12.11	Table of Contents, Headings, etc	100
	Section 12.12	Waiver of Jury Trial	100
	Section 12.13	Force Majeure	100
	Section 12.14	Foreign Account Tax Compliance Act (FATCA)	101
	Section 12.15	OFAC Sanctions	101

   

  
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  	 	 	Page
	 	 	 
	 	 	 
	 	EXHIBITS	 
	 	 	 
	Exhibit A	FORM OF NOTE	 
	Exhibit B	FORM OF CERTIFICATE OF TRANSFER	 
	Exhibit C	FORM OF CERTIFICATE OF EXCHANGE	 
	Exhibit D	FORM OF CERTIFICATE OF ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR	 
	Exhibit E	FORM OF NOTATION OF GUARANTEE	 
	Exhibit F	FORM OF SUPPLEMENTAL INDENTURE	 

   

  
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  INDENTURE dated as of March 1, 2021 among Coeur Mining, Inc., a Delaware corporation, the
      Guarantors (as defined) and The Bank of New York Mellon, as trustee.

   

  The Company, the Guarantors and the Trustee agree as follows for the benefit of each other
      and for the equal and ratable benefit of the Holders (as defined) of the 5.125% Senior Notes due 2029 (the “Notes”):

   

  Article 1.

      DEFINITIONS AND INCORPORATION

      BY REFERENCE

   

  Section 1.01           Definitions.

   

  “144A Global Note” means a Global Note substantially in the form of Exhibit A hereto
      bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the
      Notes sold in reliance on Rule 144A.

   

  “Acquired Debt” means, with respect to any specified Person:

   

  (1)           Indebtedness of any other Person existing at the time such other
      Person is merged with or into or became a Subsidiary of such specified Person, whether or not such Indebtedness is incurred in connection with, or in contemplation of, such other Person merging with or into, or becoming a Restricted Subsidiary of,
      such specified Person; and

   

  (2)           Indebtedness secured by a Lien encumbering any asset acquired by such
      specified Person.

   

  “Additional Notes” means additional Notes (other than the Initial Notes) issued under
      this Indenture in accordance with Sections 2.02 and 4.09 hereof, as part of the same series as the Initial Notes.

   

  “Affiliate” of any specified Person means any other Person directly or indirectly
      controlling or controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control,” as used with respect to any Person, means the possession, directly or indirectly, of the power to direct
      or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise; provided that beneficial ownership of 10% or more of the Voting Stock of a Person will be
      deemed to be control. For purposes of this definition, the terms “controlling,” “controlled by” and “under common control with” have correlative meanings.

   

  “Agent” means any Registrar, co-registrar, Paying Agent or additional paying agent.

   

  “Applicable Premium” means, with respect to any Note on any redemption date, the
      greater of:

   

  (1)           1.0% of the principal amount of the Note; or

   

  (2)           the excess of:

   

  (a)           the present value at such redemption date of (i) the redemption price
      of the Note at February 15, 2024 (such redemption price being set forth in the table appearing in Section 3.07(d) hereof) plus (ii) all required interest payments due on the Note through February 15, 2024 (excluding accrued but unpaid interest to the
      redemption

   

  
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  date), computed using a discount rate equal to the Treasury Rate as of such redemption
      date plus 50 basis points; over

   

  (b)           the principal amount of the Note.

   

  The Applicable Premium shall be calculated by the Company.

   

  “Applicable Procedures” means, with respect to any transfer or exchange of or for
      beneficial interests in any Global Note, the rules and procedures of the Depositary, Euroclear and Clearstream that apply to such transfer or exchange.

   

  “Asset Sale” means:

   

  (1)            the sale, lease, conveyance or other disposition of any assets or
      rights by the Company or any of the Company’s Restricted Subsidiaries; provided that the sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company and its Restricted Subsidiaries taken as a whole
      will be governed by the provisions of Section 4.15 hereof and/or the provisions of Section 5.01 hereof and not by the provisions of Section 4.10 hereof; and

   

  (2)            the issuance of Equity Interests by any of the Company’s Restricted
      Subsidiaries or the sale by the Company or any of the Company’s Restricted Subsidiaries of Equity Interests in any of the Company’s Subsidiaries.

   

  Notwithstanding the preceding, none of the following items will be deemed to be an
      Asset Sale:

   

  (1)            any single transaction or series of related transactions that
      involves assets having a Fair Market Value of less than $20.0 million;

   

  (2)            a transfer of assets between or among the Company and its Restricted
      Subsidiaries;

   

  (3)            an issuance of Equity Interests by a Restricted Subsidiary of the
      Company to the Company or to a Restricted Subsidiary of the Company;

   

  (4)            the sale, lease or other transfer of products, services or accounts
      receivable in the ordinary course of business and any sale or other disposition of damaged, worn-out or obsolete assets in the ordinary course of business (including the abandonment or other disposition of intellectual property that is, in the
      reasonable judgment of the Company, no longer economically

   

  
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  practicable to maintain or useful in the conduct of the business of the Company and its
      Restricted Subsidiaries taken as whole);

   

  (5)            the licensing or sublicensing of intellectual property or other
      general intangibles and licenses, leases or subleases of other property in the ordinary course of business which do not materially interfere with the business of the Company and its Restricted Subsidiaries;

   

  (6)            any surrender or waiver of contract rights or settlement, release,
      recovery on or surrender of contract, tort or other claims in the ordinary course of business;

   

  (7)            the granting of Liens not prohibited by Section 4.12 hereof;

   

  (8)            the sale or other disposition of cash or Cash Equivalents;

   

  (9)            Restricted Payment that does not violate Section 4.07 hereof or a
      Permitted Investment;

   

  (10)           any exchange of assets for assets (including a combination of assets
      (which assets may include Capital Stock or any securities convertible into, or exercisable or exchangeable for, Capital Stock, but which assets may not include any Indebtedness) and Cash Equivalents) related to a Permitted Business of comparable or
      greater market value or usefulness to the business of the Company and its Restricted Subsidiaries, taken as a whole, which in the event of an exchange of assets with a Fair Market Value in excess of (a) $20.0 million shall be evidenced by an
      Officer’s Certificate and (b) $30.0 million shall be set forth in a resolution approved by at least a majority of the members of the Board of Directors of the Company; provided that the Company shall apply

   

  
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  any cash or Cash Equivalents received in any such exchange of assets as described in
      Section 4.10(b) hereof;

   

  (11)          the settlement or early termination of any Permitted Bond Hedge
      Transaction and the settlement or early termination of any related Permitted Warrant Transaction;

   

  (12)          dispositions of receivables in connection with the compromise,
      settlement or collection thereof in the ordinary course of business or in bankruptcy or similar proceedings and exclusive of factoring or similar arrangements;

   

  (13)          the issuance by a Restricted Subsidiary of preferred stock that is
      permitted by Section 4.09 hereof;

   

  (14)          any sale of Capital Stock or Indebtedness or other securities of an
      Unrestricted Subsidiary;

   

  (15)          sales of assets received by the Company or any Restricted Subsidiary
      upon foreclosures on a Lien;

   

  (16)          the unwinding of any Hedging Obligations;

   

  (17)          any dispositions to the extent required by, or made pursuant to
      customary buy/sell arrangements between the joint venture parties set forth in joint venture arrangements and similar binding agreements;

   

  (18)          any single transaction or series of related transactions that
      involves the disposition of property pursuant to a Deferred Revenue Financing Arrangement having a Fair Market Value of not greater than $50.0 million;

   

  (19)          the lease or sublease of office space; and

   

  (20)          the abandonment, farm-out, lease, assignment, sub-lease, license or
      sub-license of any real or personal property in the ordinary course of business.

   

  “Bankruptcy Law” means Title 11, U.S. Code or any similar federal or state law for the
      relief of debtors.

   

  “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5
      under the Exchange Act, except that in calculating the beneficial ownership of any particular “person” (as that term is used in Section 13(d)(3) of the Exchange Act), such “person” will be deemed to have beneficial ownership of all securities that
      such “person” has the right to acquire by conversion or exercise of other

   

  
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  securities, whether such right is currently exercisable or is exercisable only after the passage
      of time. The terms “Beneficially Owns” and “Beneficially Owned” have a corresponding meaning.

   

  “Board of Directors” means:

   

  (1)           with respect to a corporation, the board of directors of the
      corporation or any committee thereof duly authorized to act on behalf of such board;

   

  (2)           with respect to a partnership, the Board of Directors of the general
      partner of the partnership;

   

  (3)           with respect to a limited liability company, the managing member or
      members or any controlling committee of managing members thereof; and

   

  (4)           with respect to any other Person, the board or committee of such
      Person serving a similar function.

   

  “Business Day” means any day other than a Legal Holiday.

   

  “Capital Lease Obligation” means, at the time any determination is to be made, the
      amount of the liability in respect of a capital or finance lease that would at that time be required to be capitalized on a balance sheet prepared in accordance with U.S. GAAP as in effect on the Issue Date, and the Stated Maturity thereof shall be
      the date of the last payment of rent or any other amount due under such lease prior to the first date upon which such lease may be prepaid by the lessee without payment of a penalty, provided that any lease that is treated as an operating lease
      pursuant to U.S. GAAP as in effect prior to giving effect to FASB Accounting Standards Update ASU 2016-02 (whether or not such lease were in effect at the time of effectiveness of such FASB Accounting Standards Update ASU 2016-02) shall not be
      treated as a Capital Lease Obligation and shall continue to be treated as an operating lease (and any future lease, if it were in effect on the date hereof, that would be treated as an operating lease for purposes of GAAP as in effect prior to giving
      effect to FASB Accounting Standards Update ASU 2016-02) notwithstanding the implementation of FASB Accounting Standards Update ASU 2016-02 or any actual or proposed change in U.S. GAAP after the date hereof.

   

  “Capital Stock” means:

   

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

   

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

   

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

   

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

   

  
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  from all of the foregoing any debt securities convertible into Capital Stock, whether or not such debt
      securities include any right of participation with Capital Stock.

   

  “Cash Equivalents” means:

   

  (1)           United States dollars, Canadian dollars, Australian dollars, New
      Zealand dollars, Mexican pesos, Argentine pesos, Chilean pesos and Bolivian bolivianos or such other local currencies held by the Company and its Subsidiaries, or in a demand deposit account in the name of the Company or any Subsidiary, from time to
      time in the ordinary course of business;

   

  (2)           securities issued or directly and fully guaranteed or insured by the
      United States government or any agency or instrumentality of the United States government (provided that the full faith and credit of the United States is pledged in support of those securities) having maturities of not more than one year from
      the date of acquisition;

   

  (3)           certificates of deposit and Eurodollar time deposits with maturities
      of six months or less from the date of acquisition and bankers’ acceptances with maturities not exceeding six months, in each case, with any commercial bank the long-term debt of which is rated at the time of acquisition thereof at least “A” or
      better from either S&P or Moody’s, or carrying the equivalent rating by a nationally recognized rating agency, if both of the two named rating agencies cease publishing ratings of investments, and having combined capital and surplus in excess of
      $500.0 million (or its foreign currency equivalent); provided that Cash Equivalents may include certificates of deposit and Eurodollar time deposits at a commercial bank that does not meet the ratings or capital requirements set forth above,
      in an aggregate amount at any time outstanding, not to exceed, as of any date of calculation, $1.0 million;

   

  (4)           repurchase obligations with a term of not more than seven days for
      underlying securities of the types described in clauses (2) and (3) above entered into with any financial institution meeting the qualifications specified in clause (3) above;

   

  (5)           commercial paper having one of the two highest ratings obtainable
      from Moody’s or S&P, or carrying the equivalent rating by a nationally recognized rating agency, if both of the two named rating agencies cease publishing ratings of investments and, in each case, maturing within one year after the date of
      acquisition; and

   

  (6)           money market funds at least 95% of the assets of which constitute
      Cash Equivalents of the kinds described in clauses (1) through (5) of this definition.

   

  “CFC” means a “controlled foreign corporation” within the meaning of section 957 of
      the Internal Revenue Code of 1986, as amended.

   

  “Change of Control” means the occurrence of any of the following:

   

  (1)           the direct or indirect sale, lease, transfer, conveyance or other
      disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the properties or assets of the Company and its Subsidiaries taken as a whole

   

  
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  to any Person (including any “person” (as that term is used in Section 13(d)(3) of the
      Exchange Act));

   

  (2)           the adoption of a plan relating to the liquidation or dissolution of
      the Company; or

   

  (3)           the consummation of any transaction (including, without limitation,
      any merger or consolidation), the result of which is that any Person (including any “person” (as defined above)) becomes the Beneficial Owner, directly or indirectly, of more than 50% of the Voting Stock of the Company, measured by voting power
      rather than number of shares.

   

  “Clearstream” means Clearstream Banking, S.A.

   

  “Company” means Coeur Mining, Inc., and any and all successors thereto.

   

  “Consolidated EBITDA” means, with respect to any specified Person for any period, the
      Consolidated Net Income of such Person for such period plus, without duplication:

   

  (1)           provision for taxes based on income or profits of such Person and its
      Restricted Subsidiaries for such period, to the extent that such provision for taxes was deducted in computing such Consolidated Net Income; plus

   

  (2)           the Fixed Charges of such Person and its Restricted Subsidiaries for
      such period, to the extent that such Fixed Charges were deducted in computing such Consolidated Net Income; plus

   

  (3)           depreciation, amortization (including amortization of intangibles but
      excluding amortization of prepaid cash expenses that were paid in a prior period) and other non-cash charges and expenses (excluding any such non-cash charge or expense to the extent that it represents an accrual of or reserve for cash charges or
      expenses in any future period or amortization of a prepaid cash charge or expense that was paid in a prior period) of such Person and its Restricted Subsidiaries for such period to the extent that such depreciation, amortization and other non-cash
      charges or expenses were deducted in computing such Consolidated Net Income; plus

   

  (4)           all unusual or non-recurring charges or expenses and all
      restructuring charges; plus

   

  (5)           all integration costs or costs associated with establishing new
      facilities; provided that the aggregate amount of all costs or expenses added back under this clause (5) shall not exceed $25.0 million in any consecutive four-quarter period; minus

   

  (6)           any foreign currency translation gains (including gains related to
      currency remeasurements of Indebtedness) of such Person and its Restricted Subsidiaries for such period,

   

  
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  to the extent that such gains were taken into account in computing such Consolidated
      Net Income; minus

   

  (7)           non-cash items increasing such Consolidated Net Income for such
      period, other than the accrual of revenue in the ordinary course of business,

   

  in each case, on a consolidated basis and determined in accordance with U.S. GAAP.

   

  “Consolidated Net Income” means, with respect to any specified Person for any period,
      the aggregate of the net income (loss) of such Person and its Restricted Subsidiaries for such period, on a consolidated basis (excluding the net income (and loss) of any Unrestricted Subsidiary of such Person), determined in accordance with U.S.
      GAAP and without any reduction in respect of preferred stock dividends; provided that:

   

  (1)           all extraordinary gains and losses and all gains and losses realized
      in connection with any Asset Sale, discontinued operations or the disposition of securities or the early extinguishment of Indebtedness, together with any related provision for taxes on any such gain or loss, will be excluded;

   

  (2)           the net income (and loss) of any Person that is not a Restricted
      Subsidiary or that is accounted for by the equity method of accounting will be included only to the extent of the amount of dividends or similar distributions paid in cash to the specified Person or a Restricted Subsidiary of the Person;

   

  (3)           solely for the purpose of determining the amount available for
      Restricted Payments under Section 4.07 (a)(3)(A) hereof, the net income (and loss) of any Restricted Subsidiary will be excluded to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary of that
      net income is not at the date of determination permitted without any prior governmental approval (that has not been obtained) or, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order,
      statute, rule or governmental regulation applicable to that Restricted Subsidiary or its stockholders; provided that Consolidated Net Income of such Person shall be increased by the amount of dividends or distributions or other payments that
      are actually paid in cash (or to the

   

  
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  extent converted into cash) by such Person to the Company or another Restricted Subsidiary thereof in
      respect of such period, to the extent not already included therein;

   

  (4)           the cumulative effect of a change in accounting principles will be
      excluded;

   

  (5)           non-cash gains and losses attributable to movement in the
      mark-to-market valuation of Hedging Obligations and non-cash mark-to-market adjustments in respect of any Deferred Revenue Financing Arrangement will be excluded;

   

  (6)           any amortization of deferred charges resulting from the application
      of Accounting Standards Codification 470-20—Debt With Conversion and Other Options will be excluded;

   

  (7)           any impairment charge or asset write-off, including, without
      limitation, impairment charges or asset write-offs related to intangible assets, long-lived assets or investments in debt and equity securities, in each case pursuant to U.S. GAAP, will be excluded;

   

  (8)           any non-cash compensation expense recorded from grants of stock
      appreciation or similar rights, stock options, restricted stock or other rights to officers, director or employees will be excluded; and

   

  (9)           any net gain or loss from currency transaction gains or losses will
      be excluded.

   

  “Consolidated Secured Leverage Ratio” means, as of the date of determination with
      respect to any Person, the ratio of:

   

  (1)           the aggregate amount of Secured Indebtedness of such Person and its
      Restricted Subsidiaries on a consolidated basis outstanding on such date, to

   

  (2)            the aggregate amount of Consolidated EBITDA of such Person and its
      Restricted Subsidiaries for such Person’s most recently ended four full fiscal quarters immediately preceding the date of determination for which internal financial statements are available.

   

  The Consolidated Secured Leverage Ratio shall be calculated in a manner consistent with the
      definition of “Fixed Charge Coverage Ratio”, including any pro forma adjustments to Consolidated EBITDA.

   

  “Consolidated Total Assets” means, as of any date of determination, the total
      consolidated assets reflected on the consolidated balance sheet of the Company and its Restricted Subsidiaries, as at the end of the most recent fiscal quarter for which internal financial statements are available, determined on a consolidated basis
      in accordance with U.S. GAAP; provided that, for purposes of calculating “Consolidated Total Assets” for purposes of testing the covenants under this Indenture in connection with any transaction, the total consolidated assets of the Company
      and its Restricted Subsidiaries shall be adjusted to reflect any acquisitions and dispositions of assets that have occurred during the period from the date of the applicable balance sheet through the applicable date of determination, including any
      such transactions occurring on the date of determination.

   

  “continuing” means, with respect to any Default or Event of Default, that such
      Default or Event of Default has not been cured or waived.

   

  “Convertible Indebtedness” means Indebtedness of the Company (which may be Guaranteed
      by the Guarantors) permitted to be incurred under the terms of this Indenture that is either (a) convertible

   

  
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  into common stock of the Company (and cash in lieu of fractional shares) and/or cash (in an
      amount determined by reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common stock of the Company and/or
      cash (in an amount determined by reference to the price of such common stock).

   

  “Corporate Trust Office of the Trustee” means the office of the Trustee at which at
      any time its corporate trust business shall be administered, which office at the date hereof is located at 500 Ross Street, 12th Floor, Pittsburgh, Pennsylvania 15262,
      Attention: Corporate Trust Administration, or such other address as the Trustee may designate from time to time by notice to the Holders and the Company, or the principal corporate trust office of any successor Trustee (or such other address as such
      successor Trustee may designate from time to time by notice to the Holders and the Company).

   

  “Credit Facilities” means, one or more debt facilities or commercial paper facilities,
      indentures or debt security or note issuances, in each case, with banks, investment banks, insurance companies, mutual funds or other institutional lenders or investors providing for revolving credit loans, term loans, receivables financing
      (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables), letters of credit, other borrowings, debt securities or note issuances, in each case, as amended,
      restated, modified, renewed, refunded, replaced in any manner (whether upon or after termination or otherwise) or refinanced (including by means of sales of debt securities to institutional investors) in whole or in part from time to time.

   

  “Custodian” means the Trustee, as custodian with respect to the Notes in global form,
      or any successor entity thereto.

   

  “Default” means any event that is, or with the passage of time or the giving of notice
      or both would be, an Event of Default.

   

  “Deferred Revenue Financing Arrangement” means (x) the Gold Purchase and Sale
      Agreement, dated October 2, 2014, among Franco-Nevada (Barbados) Corporation, Coeur Mexicana, S.A. de C.V., Ocampo Resources, Inc., Ocampo Services, Inc., Magnetic Resources Ltd. and Coeur San Miguel Corp., (y) any transaction entered into after the
      Issue Date with a structure that is substantively similar to the transaction described above in the foregoing clause (x) and any other transaction that is customary in the mining business (as determined in good faith by the Company) pursuant to which
      (a) the Company or any of its Restricted Subsidiaries receives cash advances, deposits or other consideration in respect of future revenues from the sale of a right to receive an interest in future revenues or metal production from specified mineral
      assets to a Person other than an Affiliate, (b) such advances or deposits or other consideration are recorded as long-term liabilities (other than amounts recorded as current portions thereof), but not as debt determined in accordance with U.S. GAAP,
      on the consolidated balance sheet of the Company and (c) such long-term liability is amortized upon the delivery or sale of such mineral assets.

   

  “Definitive Note” means a certificated Note registered in the name of the Holder
      thereof and issued in accordance with Section 2.06 hereof, substantially in the form of Exhibit A hereto except that such Note shall not bear the Global Note Legend and shall not have the “Schedule of Exchanges of Interests in the Global Note”
      attached thereto.

   

  “Depositary” means, with respect to the Notes issuable or issued in whole or in part
      in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and

   

  
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  all successors thereto appointed as depositary hereunder and having become such pursuant to the
      applicable provision of this Indenture.

   

  “Designated Non-cash Consideration” means the Fair Market Value of non-cash
      consideration received by the Company or any of its Restricted Subsidiaries in connection with an Asset Sale that is designated as “Designated Non-cash Consideration” pursuant to an Officer’s Certificate, setting forth the basis of such valuation,
      less the amount of cash or Cash Equivalents received in connection with a subsequent sale, redemption or payment of, on or with respect to such Designated Non-cash Consideration.

   

  “Disqualified Stock” means any Capital Stock that, by its terms (or by the terms of
      any security into which it is convertible, or for which it is exchangeable, in each case, at the option of the holder of the Capital Stock), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund
      obligation or otherwise, or redeemable at the option of the holder of the Capital Stock, in whole or in part, on or prior to the date that is 91 days after the date on which the Notes mature. Notwithstanding the preceding sentence, any Capital Stock
      that would constitute Disqualified Stock solely because the holders of the Capital Stock have the right to require the Company to repurchase such Capital Stock upon the occurrence of a change of control or an asset sale will not constitute
      Disqualified Stock if the terms of such Capital Stock provide that the Company may not repurchase or redeem any such Capital Stock pursuant to such provisions unless such repurchase or redemption complies with Section 4.07 hereof. The amount of
      Disqualified Stock deemed to be outstanding at any time for purposes of this Indenture will be the maximum amount that the Company and its Restricted Subsidiaries may become obligated to pay upon the maturity of, or pursuant to any mandatory
      redemption provisions of, such Disqualified Stock, exclusive of accrued dividends.

   

  “Equity Interests” means Capital Stock and all warrants, options or other rights to
      acquire Capital Stock (but excluding any Convertible Indebtedness and any other debt security that is convertible into, or exchangeable for, Capital Stock).

   

  “Equity Offering” means a public or private sale either (1) of Equity Interests of the
      Company by the Company (other than Disqualified Stock and other than to a Subsidiary of the Company) or (2) of Equity Interests of a direct or indirect parent entity of the Company (other than to the Company or a Subsidiary of the Company) to the
      extent that the net proceeds therefrom are contributed to the common equity capital of the Company.

   

  “Euroclear” means Euroclear Bank, S.A./N.V., as operator of the Euroclear system.

   

  “Exchange Act” means the Securities Exchange Act of 1934, as amended.

   

  “Excluded Foreign Subsidiary” means (a) any Specified Foreign Subsidiary, (b) any
      direct or indirect subsidiary of the Company which owns no material assets other than equity interests in or equity interests in and debt of one or more Specified Foreign Subsidiaries, or (c) any other direct or indirect subsidiary of the Company,
      the guarantee of the Notes by which could reasonably be expected to

   

  
    11 

    
      
 

  

   

  constitute an investment in “United States property” by a CFC, or otherwise result in a material
      adverse tax consequence to the Company, as reasonably determined by the Company.

   

  “Existing Indebtedness” means all Indebtedness of the Company and its Subsidiaries
      (other than Indebtedness described in clauses (3), (4), (6), (7), (8), (9), (10), (11), (12) or (13) of Section 4.09(b) hereof) in existence on the date of this Indenture, until such amounts are repaid.

   

  “Fair Market Value” means the value that would be paid by a willing buyer to an
      unaffiliated willing seller in a transaction not involving distress or necessity of either party. Fair Market Value shall be conclusively determined in good faith by (i) the Company’s Board of Directors and set forth in a resolution of the Company’s
      Board of Directors or (ii) if an Officer of the Company determines in good faith that the Fair Market Value is less than $50.0 million, an Officer of the Company and set forth in an Officer’s Certificate.

   

  “Fixed Charge Coverage Ratio” means with respect to any specified Person for any
      period, the ratio of the Consolidated EBITDA of such Person for such period to the Fixed Charges of such Person for such period. In the event that the specified Person or any of its Restricted Subsidiaries incurs, assumes, guarantees, repays,
      repurchases, redeems, defeases or otherwise discharges any Indebtedness (other than ordinary working capital borrowings) or issues, repurchases or redeems preferred stock subsequent to the commencement of the period for which the Fixed Charge
      Coverage Ratio is being calculated and on or prior to the date on which the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Calculation Date”), then the Fixed Charge Coverage Ratio will be calculated giving pro
      forma effect (determined in accordance with Regulation S-X under the Securities Act, but including any Pro Forma Cost Savings) to such incurrence, assumption, Guarantee, repayment, repurchase, redemption, defeasance or other discharge of
      Indebtedness, or such issuance, repurchase or redemption of preferred stock, and the use of the proceeds therefrom, as if the same had occurred at the beginning of the applicable four-quarter reference period.

   

  In addition, for purposes of calculating the Fixed Charge Coverage Ratio:

   

  (1)           acquisitions that have been made by the specified Person or any of
      its Restricted Subsidiaries, including through mergers or consolidations, or any Person or any of its Restricted Subsidiaries acquired by the specified Person or any of its Restricted Subsidiaries, and including all related financing transactions and
      including increases in ownership of Restricted Subsidiaries, during the four-quarter reference period or subsequent to such reference period and on or prior to the Calculation Date, or that are to be made on the Calculation Date, will be given pro
      forma effect (in accordance with Regulation S-X under the Securities Act, but including all Pro Forma Cost Savings) as if they had occurred on the first day of the four-quarter reference period;

   

  (2)           the Consolidated EBITDA attributable to discontinued operations, as
      determined in accordance with U.S. GAAP, and operations or businesses (and ownership interests therein) disposed of prior to the Calculation Date, will be excluded;

   

  (3)           the Fixed Charges attributable to discontinued operations, as
      determined in accordance with U.S. GAAP, and operations or businesses (and ownership interests therein) disposed of prior to the Calculation Date, will be excluded, but only to the extent that the

   

  
    12 

    
      
 

  

   

  obligations giving rise to such Fixed Charges will not be obligations of the specified
      Person or any of its Restricted Subsidiaries following the Calculation Date;

   

  (4)           any Person that is a Restricted Subsidiary on the Calculation Date
      will be deemed to have been a Restricted Subsidiary at all times during such four-quarter period;

   

  (5)           any Person that is not a Restricted Subsidiary on the Calculation
      Date will be deemed not to have been a Restricted Subsidiary at any time during such four-quarter period; and

   

  (6)           if any Indebtedness bears a floating rate of interest, the interest
      expense on such Indebtedness will be calculated as if the rate in effect on the Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligation applicable to such Indebtedness if such Hedging Obligation
      has a remaining term as at the Calculation Date in excess of 12 months).

   

  “Fixed Charges” means, with respect to any specified Person for any period, the sum,
      without duplication, of:

   

  (1)           the consolidated interest expense of such Person and its Restricted
      Subsidiaries for such period, whether paid or accrued, including, without limitation, amortization of debt issuance costs and original issue discount, non-cash interest payments (other than (x) any non-cash interest income or expense attributable to
      the movement in the mark-to-market valuation of Hedging Obligations or other derivative instruments pursuant to U.S. GAAP and (y) for the avoidance of doubt, any imputed interest in respect of any Deferred Revenue Financing Arrangement), the interest
      component of any deferred payment obligations, the interest component of all payments associated with Capital Lease Obligations, commissions, discounts and other fees and charges incurred in respect of letter of credit or bankers’ acceptance
      financings, and net of the effect of all payments made or received pursuant to Hedging Obligations in respect of interest rates; plus

   

  (2)           the consolidated interest expense of such Person and its Restricted
      Subsidiaries that was capitalized during such period; plus

   

  (3)           any interest on Indebtedness of another Person that is guaranteed by
      such Person or one of its Restricted Subsidiaries or secured by a Lien on assets of such Person or one of its Restricted Subsidiaries, whether or not such Guarantee or Lien is called upon; plus

   

  (4)           the product of (a) all dividends, whether paid or accrued and whether
      or not in cash, on any series of preferred stock of such Person or any of its Restricted Subsidiaries, other than dividends on Equity Interests payable solely in Equity Interests of the Company (other than Disqualified Stock) or to the Company or a
      Restricted Subsidiary of the Company, times (b) a fraction, the numerator of which is one and the denominator of which is one minus the then

   

  
    13 

    
      
 

  

   

   

  current combined federal, state and local statutory tax rate of such Person, expressed
      as a decimal, in each case, determined on a consolidated basis in accordance with U.S. GAAP; plus

   

  (5)            any amortization of deferred charges resulting from the application
      of Accounting Standards Codification 470-20—Debt With Conversion and Other Options that may be settled in cash upon conversion (including partial cash settlement); plus

   

  (6)           without duplication, any financing cash flows (as defined by U.S.
      GAAP) payable under any Deferred Revenue Financing Arrangement.

   

  “Global Note Legend” means the legend set forth in Section 2.06(f)(2) hereof, which is
      required to be placed on all Global Notes issued under this Indenture.

   

  “Global Notes” means, individually and collectively, each of the Restricted Global
      Notes and the Unrestricted Global Notes deposited with or on behalf of and registered in the name of the Depository or its nominee, substantially in the form of Exhibit A hereto and that bears the Global Note Legend and that has the “Schedule of
      Exchanges of Interests in the Global Note” attached thereto, issued in accordance with Section 2.01, 2.06(b)(3), 2.06(b)(4) or 2.06(d)(2) hereof.

   

  “Government Securities” means securities that are:

   

  (1)           direct obligations of the United States of America for the timely
      payment of which its full faith and credit is pledged; or

   

  (2)           obligations of a Person controlled or supervised by and acting as an
      agency or instrumentality of the United States of America the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America,

   

  which, in either case, are not callable or redeemable at the option of the issuers thereof, and shall also
      include a depository receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act), as custodian with respect to any such Government Securities or a specific payment of principal of or interest on any such Government Securities held
      by such custodian for the account of the holder of such depository receipt; provided that (except as required by law) such custodian is not authorized to make any deduction form the amount payable to the holder of such depository receipt from
      any amount received by the custodian in respect of the Government Securities or the specific payment of principal of or interest on the Government Securities evidenced by such depository receipt.

   

  “Guarantee” means a guarantee other than by endorsement of negotiable instruments for
      collection in the ordinary course of business, direct or indirect, in any manner including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof, of all or any part of any
      Indebtedness (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take or pay or to maintain financial statement conditions or otherwise).

   

  “Guarantors” means any Subsidiary of the Company that executes a Note Guarantee in
      accordance with the provisions of this Indenture, and their respective successors and assigns, in each case,

   

  
    14 

    
      
 

  

   

  until the Note Guarantee of such Person has been released in accordance with the provisions of
      this Indenture.

   

  “Hedging Obligations” means, with respect to any specified Person, the obligations of
      such Person under:

   

  (1)           interest rate swap agreements (whether from fixed to floating or from
      floating to fixed), interest rate cap agreements and interest rate collar agreements;

   

  (2)           commodity futures contracts, commodity swaps and commodity options;

   

  (3)           other agreements or arrangements designed to manage interest rates or
      interest rate risk; and

   

  (4)           other agreements or arrangements designed to protect such Person
      against fluctuations in currency exchange rates or commodity prices.

   

  For the avoidance of doubt, any agreements or arrangements related to a Permitted Convertible Indebtedness Call
      Transaction will not constitute a Hedging Obligation.

   

  “Holder” means a Person in whose name a Note is registered.

   

  “IAI Global Note” means a Global Note substantially in the form of Exhibit A hereto
      bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the
      Notes sold to Institutional Accredited Investors.

   

  “Immaterial Subsidiary” means, at any date of determination, any Restricted Subsidiary
      or group of Restricted Subsidiaries of the Company (1) the total assets of which (when combined with the assets of such Restricted Subsidiary’s Restricted Subsidiaries and after intercompany eliminations) at the last day of the most recently ended
      fiscal quarter prior to the date of determination for which internal financial statements are available were less than 3.75% of Consolidated Total Assets at such date and (2) the total revenue of which for the most recently ended four full fiscal
      quarter period ended prior to the date of

   

  
    15 

    
      
 

  

   

  determination for which internal financial statements are available was less than 3.75% of the
      consolidated total revenue of the Company and its Restricted Subsidiaries for such period.

   

  “Indebtedness” means, with respect to any specified Person, any indebtedness of such
      Person (excluding accrued expenses and trade payables), whether or not contingent:

   

  (1)           in respect of borrowed money;

   

  (2)           evidenced by bonds, notes, debentures or similar instruments or
      letters of credit (or reimbursement agreements in respect thereof);

   

  (3)           in respect of banker’s acceptances;

   

  (4)           representing Capital Lease Obligations;

   

  (5)           representing the balance deferred and unpaid of the purchase price of
      any property (including earn-out obligations) or services due more than six months after such property is acquired or such services are completed; or

   

  (6)           representing any Hedging Obligations,

   

  if and to the extent any of the preceding items (other than letters of credit and Hedging Obligations) would
      appear as a liability upon a balance sheet of the specified Person prepared in accordance with U.S. GAAP. In addition, the term “Indebtedness” includes all Indebtedness of others secured by a Lien on any asset of the specified Person (whether or not
      such Indebtedness is assumed by the specified Person, but provided that, if such Indebtedness is not assumed by the specified Person, the amount of such Indebtedness of the specified Person for purposes of the foregoing provisions shall be deemed to
      be equal to the lesser of (A) the aggregate unpaid amount of such Indebtedness (not to exceed the maximum amount of such Indebtedness for which the specified Person could be liable) and (B) the fair market value of the property encumbered thereby as
      determined by the specified Person in good faith) and, to the extent not otherwise included, the Guarantee by the specified Person of any Indebtedness of any other Person. Indebtedness shall be calculated without giving effect to the effects of
      Statement of Financial Accounting Standards No. 133 and related interpretations to the extent such effects would otherwise increase or decrease an amount of Indebtedness for any purpose under this Indenture as a result of accounting for any embedded
      derivatives created by the terms of such Indebtedness. Notwithstanding the foregoing Reclamation Obligations are not and will not be deemed to be Indebtedness. In connection with the purchase by the Company or any of its Restricted Subsidiaries of
      any business, notwithstanding the foregoing terms of this definition, the term “Indebtedness” shall not include post-closing payment adjustments or earn-out or similar obligations to which the seller may become entitled to the extent such payment is
      determined by a final closing balance sheet or such payment depends on the performance of such business after the closing; provided, however, that such post-closing payment adjustments or earn-out or similar obligations shall
      constitute “Indebtedness” to the extent that at the time of closing or thereafter such payment becomes fixed and determinable and the amount is not paid within 30 days thereafter. Notwithstanding the foregoing, any long-term liabilities recorded on
      the Company’s balance

   

  
    16 

    
      
 

  

   

  sheet, other than as debt in accordance with U.S. GAAP, pursuant to any Deferred Revenue Financing Arrangement
      shall not be deemed to be “Indebtedness.”

   

  “Indenture” means this Indenture, as amended or supplemented from time to time.

   

  “Indirect Participant” means a Person who holds a beneficial interest in a Global Note
      through a Participant.

   

  “Initial Guarantors” means Coeur Alaska, Inc., Coeur Capital, Inc., Coeur
      Explorations, Inc., Coeur Rochester, Inc., Coeur South America Corp., Wharf Resources (U.S.A.), Inc., Wharf Resources Management Inc., Wharf Reward Mines Inc., Wharf Gold Mines Inc., Golden Reward Mining Company Limited Partnership, Coeur Sterling,
      Inc., Sterling Intermediate Holdco, Inc., and Coeur Sterling Holdings LLC.

   

  “Initial Notes” means the first $375 million aggregate principal amount of Notes
      issued under this Indenture on the date hereof.

   

  “Initial Purchasers” means (i) Goldman Sachs & Co. LLC, BofA Securities, Inc., RBC
      Capital Markets, LLC , BMO Capital Markets Corp., Scotia Capital (USA) Inc. and ING Financial Markets LLC and (ii) with respect to each issuance of Additional Notes, the Persons purchasing such Additional Notes under the related purchase agreement.

   

  “Institutional Accredited Investor” means an institution that is an “accredited
      investor” as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act, who are not also QIBs.

   

  “Investments” means, with respect to any Person, all direct or indirect investments by
      such Person in other Persons (including Affiliates) in the forms of loans (including Guarantees or other obligations), advances or capital contributions (excluding commission, travel and similar advances to officers and employees made in the ordinary
      course of business), purchases or other acquisitions for consideration of Indebtedness, Equity Interests or other securities, together with all items that are or would be classified as investments on a balance sheet prepared in accordance with U.S.
      GAAP. If the Company or any Restricted Subsidiary of the Company sells or otherwise disposes of any Equity Interests of any direct or indirect Restricted Subsidiary of the Company such that, after giving effect to any such sale or disposition, such
      Person is no longer a Restricted Subsidiary of the Company, the Company will be deemed to have made an Investment on the date of any such sale or disposition equal to the Fair Market Value of the Company’s Investments in such Subsidiary that were not
      sold or disposed of in an amount determined as provided in Section 4.07(c) hereof. The acquisition by the Company or any Restricted Subsidiary of the Company of a Person that holds an Investment in a third Person will be deemed to be an Investment by
      the Company or such Restricted Subsidiary in such third Person in an amount equal to the Fair Market Value of the Investments held by the acquired Person in such third Person in an amount determined as provided in Section 4.07(c) hereof. Except as
      otherwise provided in this Indenture, the amount of an Investment will be determined at the time the Investment is made and without giving effect to subsequent changes in value.

   

  “Issue Date” means the date of original issuance of the Notes under this Indenture.

   

  “Legal Holiday” means a Saturday, a Sunday or a day on which banking institutions in
      the City of New York or at a place of payment are authorized by law, regulation or executive order to remain closed. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on

   

  
    17 

    
      
 

  

   

  the next succeeding day that is not a Legal Holiday, and no interest shall accrue on such payment
      for the intervening period.

   

  “Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security
      interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, any option
      or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction.

   

  “Limited Condition Acquisition” means, any acquisition, including by means of a
      merger, amalgamation or consolidation, by the Company or one or more of its Restricted Subsidiaries, the consummation of which is not conditioned upon the availability of, or on obtaining, third party financing or in connection with which any fee or
      expense would be payable by the Company or its Subsidiaries to the seller or target in the event financing to consummate the acquisition is not obtained as contemplated by the definitive acquisition agreement.

   

  “Moody’s” means Moody’s Investors Service, Inc.

   

  “Net Proceeds” means the aggregate cash proceeds and Cash Equivalents received by the
      Company or any of its Restricted Subsidiaries in respect of any Asset Sale (including, without limitation, any cash or Cash Equivalents received upon the sale or other disposition of any non-cash consideration received in any Asset Sale), net of the
      direct costs relating to such Asset Sale, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Asset Sale, taxes paid or payable as a result of
      the Asset Sale, in each case, after taking into account any available tax credits or deductions and any tax sharing arrangements, all distributions and other payments required to be made to minority interest holders in Subsidiaries or joint ventures
      as a result of such Asset Sale and any reserve for adjustment or indemnification obligations in respect of the sale price of such asset or assets established in accordance with U.S. GAAP.

   

  “Non-Recourse Debt” means Indebtedness:

   

  (1)           as to which neither the Company nor any of its Restricted
      Subsidiaries (a) provides credit support of any kind (including any undertaking, agreement or instrument that would constitute Indebtedness) other than any Liens in respect of such Indebtedness permitted by clause (27) of the definition of Permitted
      Liens or (b) is directly or indirectly liable as a guarantor or otherwise; and

   

  (2)           the explicit terms of which provide that there is no recourse to the
      stock or assets of the Company or any of its Restricted Subsidiaries (other than in respect of Liens permitted by clause (27) of the definition of Permitted Liens).

   

  “Non-U.S. Person” means a Person who is not a U.S. Person.

   

  “Note Guarantee” means the Guarantee by each Guarantor of the Company’s obligations
      under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

   

  “Notes” has the meaning assigned to it in the preamble to this Indenture. The Initial
      Notes and the Additional Notes shall be treated as a single class for all purposes under this Indenture, and unless the

   

  
    18 

    
      
 

  

   

  context otherwise requires, all references to the Notes shall include the Initial Notes and any
      Additional Notes.

   

  “Obligations” means any principal, interest, penalties, fees, indemnifications,
      reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness.

   

  “Offering Circular” means the final offering circular, dated February 22, 2021,
      relating to the offering of the Notes.

   

  “Officer” means the Chairman of the Board, the Chief Executive Officer, the President,
      the Chief Financial Officer, any Vice President, the Treasurer or the Secretary of the Company, except that with respect to any annual compliance certificate delivered pursuant to this Indenture, such term means only the Chief Executive Officer, the
      Chief Financial Officer, or the Chief Accounting Officer of the Company.

   

  “Officer’s Certificate” means a certificate signed by an Officer of the Company and
      delivered to the Trustee that meets the requirements of Section 12.03 hereof.

   

  “Opinion of Counsel” means an opinion from legal counsel which is reasonably
      acceptable to the Trustee, that meets the requirements of Section 12.03 hereof. The counsel may be an employee of or counsel to the Company or any Subsidiary of the Company.

   

  “Participant” means, with respect to the Depositary, Euroclear or Clearstream, a
      Person who has an account with the Depositary, Euroclear or Clearstream, respectively (and, with respect to DTC, shall include Euroclear and Clearstream).

   

  “Permitted Bond Hedge Transaction” means any call or capped call option (or
      substantively equivalent derivative transaction) on the Company’s common stock purchased by the Company in connection with the issuance of any Convertible Indebtedness; provided that the purchase price for such Permitted Bond Hedge
      Transaction, less the proceeds received by the Company from the sale of any related Permitted Warrant Transaction, does not exceed the net proceeds received by the Company from the sale of such Convertible Indebtedness issued in connection
      with the Permitted Bond Hedge Transaction.

   

  “Permitted Business” means:

   

  (1)           the acquisition, exploration, development, operation and disposition
      of mining and precious or base metal processing properties and assets; and

   

  (2)           any other business that is the same as, or reasonably related,
      ancillary or complementary to, the business described in clause (1) or to any of the businesses in which the Company and its Restricted Subsidiaries are engaged on the date of this Indenture.

   

  “Permitted Business Investments” means Investments made in (A) the ordinary course of,
      or of a nature that are customary in, the mining business as a means of exploiting, exploring for, acquiring, developing, processing, gathering, producing, transporting or marketing gold, silver or other precious or base metals used, useful or
      created in the mining business, including through agreements, acquisitions, transactions, interests or arrangements which permit one to share (or have the effect of sharing) risks or costs, comply with regulatory requirements regarding ownership or
      satisfy other customary objectives in the mining business, and in any event including, without limitation, Investments made in connection with or in the form of (i) direct or indirect ownership interests in mining properties, gathering or upgrading

   

  
    19 

    
      
 

  

   

  systems or facilities and (ii) operating agreements, development agreements, area of mutual
      interest agreements, pooling agreements, service contracts, joint venture agreements, partnership or limited liability company agreements (whether general or limited), or other similar or customary agreements, transactions, properties, interests or
      arrangements, and Investments and expenditures in connection therewith or pursuant thereto; and (B) Persons engaged in a Permitted Business.

   

  “Permitted Convertible Indebtedness Call Transaction” means any Permitted Bond Hedge
      Transaction and any Permitted Warrant Transaction.

   

  “Permitted Investments” means:

   

  (1)           any Investment in the Company or in a Restricted Subsidiary of the
      Company;

   

  (2)           any Investment in Cash Equivalents;

   

  (3)           any Investment by the Company or any Restricted Subsidiary of the
      Company in a Person, if as a result of such Investment:

   

  (a)           such Person becomes a Restricted Subsidiary of the Company; or

   

  (b)           such Person is merged, consolidated or amalgamated with or into, or
      transfers or conveys substantially all of its assets to, or is liquidated into, the Company or a Restricted Subsidiary of the Company;

   

  (4)           any Investment made as a result of the receipt of non-cash
      consideration from an Asset Sale that was made pursuant to and in compliance with Section 4.10 hereof;

   

  (5)           any acquisition of assets or Capital Stock solely in exchange for the
      issuance of Equity Interests (other than Disqualified Stock) of the Company;

   

  (6)           any Investments received in compromise or resolution of (A)
      obligations of trade creditors or customers that were incurred in the ordinary course of business of the Company or any of its Restricted Subsidiaries, including pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or
      insolvency of any trade creditor or customer; or (B) litigation, arbitration or other disputes;

   

  (7)           Investments represented by Hedging Obligations;

   

  (8)           repurchases of the Notes;

   

  (9)           any guarantee of Indebtedness permitted to be incurred by Section
      4.09 hereof; provided that if such Indebtedness can only be incurred by the Company or Guarantors, then such guarantees are only permitted by this clause to the extent made by the Company or a Guarantor, and (ii) performance guarantees with
      respect to obligations incurred by the Company or any of its Restricted Subsidiaries that are permitted by this Indenture;

   

  (10)         any Investment existing on, or made pursuant to binding commitments
      existing on, the date of this Indenture and any Investment consisting of an extension, modification or renewal of any Investment existing on, or made pursuant to a binding commitment existing on, the date of this Indenture; provided that the
      amount of any such Investment may be increased (a)

   

  
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  as required by the terms of such Investment as in existence on the date of this
      Indenture or (b) as otherwise permitted under this Indenture;

   

  (11)         Investments acquired after the date of this Indenture as a result of
      the acquisition by the Company or any Restricted Subsidiary of the Company of another Person, including by way of a merger, amalgamation or consolidation with or into the Company or any of its Restricted Subsidiaries in a transaction that is not
      prohibited by Section 5.01 hereof after the date of this Indenture to the extent that such Investments were not made in contemplation of such acquisition, merger, amalgamation or consolidation and were in existence on the date of such acquisition,
      merger, amalgamation or consolidation;

   

  (12)          Permitted Business Investments having an aggregate Fair Market Value
      (measured on the date each such Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (12) that are at the time outstanding not to exceed, as of the
      date any such Investment is made, the greater of (x) $375.0 million and (y) 25.0% of Consolidated Total Assets as of the date of such Investment;

   

  (13)         Permitted Bond Hedge Transactions which constitute Investments;

   

  (14)         Guarantees by the Company or any Restricted Subsidiary of operating
      leases (other than Capital Lease Obligations) or of other obligations that do not constitute Indebtedness, in each case entered into by any Restricted Subsidiary in the ordinary course of business;

   

  (15)         receivables owing to the Company or any Restricted Subsidiary created
      or acquired in the ordinary course of business;

   

  (16)         Investments in the nature of pledges or deposits with respect to
      leases or utilities provided to third parties in the ordinary course of business;

   

  (17)         Investments in escrow or trust funds in the ordinary course of
      business;

   

  (18)         other Investments in any Person having an aggregate Fair Market Value
      (measured on the date each such Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (18) that are at the time outstanding not to exceed, as of the
      date of such Investment, the greater of (x) $75.0 million and (y) 5.0% of Consolidated Total Assets as of the date of such Investment;

   

  (19)         payroll, travel, commission, entertainment, relocation and similar
      advances to employees or officers of the Company or any of its Restricted Subsidiaries to cover matters that are expected at the time of such advances ultimately to be treated as expenses for accounting purposes and that are made in the ordinary
      course of business;

   

  (20)         loans or advances to employees or officers of the Company or any of
      its Restricted Subsidiaries in the ordinary course of business in an aggregate amount not in excess of $2.0 million with respect to all loans or advances made since the Issue Date (without giving effect to the forgiveness of any such loan); and

   

  (21)         Investments made in connection with the funding of contributions under
      any non-qualified retirement plan or similar employee compensation plan in an amount not to exceed the

   

  
    21 

    
      
 

  

   

  amount of compensation expense recognized by the Company and its Restricted
      Subsidiaries in connection with such plans.

   

  “Permitted Liens” means:

   

  (1)            Liens on assets of the Company or any of its Restricted Subsidiaries
      securing (a) Indebtedness in an aggregate principal amount at any time outstanding, when taken together with all other Indebtedness secured pursuant to this clause (1) not to exceed, as of any date of incurrence, the greater of (x) $400.0 million and
      (y) 28.0% of Consolidated Total Assets as of such date of incurrence and (b) all related Obligations;

   

  (2)           Liens on assets of the Company or any of its Restricted Subsidiaries
      securing Indebtedness consisting of Hedging Obligations or Treasury Management Arrangements;

   

  (3)           Liens in favor of the Company or its Restricted Subsidiaries;

   

  (4)           Liens on property of a Person existing at the time such Person
      becomes a Restricted Subsidiary of the Company or is merged with or into or consolidated with the Company or any Restricted Subsidiary of the Company; provided that such Liens were in existence prior to the contemplation of such Person
      becoming a Restricted Subsidiary of the Company or such merger or consolidation and do not extend to any assets other than those of the Person that becomes a Restricted Subsidiary of the Company or is merged with or into or consolidated with the
      Company or any Restricted Subsidiary of the Company;

   

  (5)           Liens on property (including Capital Stock) existing at the time of
      acquisition of the property by the Company or any Subsidiary of the Company; provided that such Liens were in existence prior to such acquisition and not incurred in contemplation of such acquisition;

   

  (6)           Liens to secure the performance of statutory obligations, insurance,
      surety or appeal bonds, performance bonds or other obligations of a like nature incurred in the ordinary course of business (including Liens to secure letters of credit issued to assure payment of such obligations);

   

  (7)           Liens to secure Indebtedness represented by Capital Lease
      Obligations, mortgage financings or purchase money obligations, in each case, incurred for the purpose of financing all or any part of the purchase price or cost of design, construction, installation or improvement of property, plant or equipment
      used in the business of the Company or any of its Restricted Subsidiaries, in an aggregate principal amount at any time outstanding, including all Permitted Refinancing Indebtedness incurred to renew, refund, refinance, replace, defease or discharge
      any Indebtedness, when taken together with all other Indebtedness secured pursuant to this clause (7), not to exceed, as of any date of incurrence, the greater of (x) $125.0 million and (y) 8.5% of Consolidated Total Assets as of such date of
      incurrence; provided that such Liens apply only to the assets acquired with or financed by such Indebtedness (plus improvements and accessions to, such assets or proceeds or distributions thereof);

   

  (8)           Liens existing on the date of this Indenture (other than Liens
      permitted under clause (1));

   

  (9)           Liens for taxes, assessments or governmental charges or claims that
      are not yet delinquent or that are being contested in good faith by appropriate proceedings promptly

   

  
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  instituted and diligently concluded; provided that any reserve or other
      appropriate provision as is required in conformity with U.S. GAAP has been made therefor;

   

  (10)         Liens imposed by law, such as carriers’, warehousemen’s, landlord’s
      and mechanics’ Liens, in each case, incurred in the ordinary course of business;

   

  (11)         survey exceptions, easements or reservations of, or rights of others
      for, licenses, rights-of-way, sewers, electric lines, telegraph and telephone lines and other similar purposes, or zoning or other restrictions as to the use of real property that were not incurred in connection with Indebtedness and that do not in
      the aggregate materially adversely affect the value of said properties or materially impair their use in the operation of the business of such Person;

   

  (12)         Liens created for the benefit of (or to secure) the Notes (or the Note
      Guarantees);

   

  (13)         Liens to secure any Permitted Refinancing Indebtedness permitted to be
      incurred under this Indenture; provided, however, that:

   

  (a)           the new Lien is limited to all or part of the same property and assets
      that secured or, under the written agreements pursuant to which the original Lien arose, could secure the original Lien (plus improvements and accessions to, such property or proceeds or distributions thereof); and

   

  (b)           the Indebtedness secured by the new Lien is not increased at such time
      to any amount greater than the sum of (x) the outstanding principal amount, or, if greater, committed amount, of the Indebtedness renewed, refunded, refinanced, replaced, defeased or discharged with such Permitted Refinancing Indebtedness and (y) an
      amount necessary to pay any fees and expenses, including premiums, related to such renewal, refunding, refinancing, replacement, defeasance or discharge;

   

  (14)         Liens on insurance policies and proceeds thereof, or other deposits,
      to secure insurance premium financings;

   

  (15)         filing of Uniform Commercial Code financing statements as a
      precautionary measure in connection with operating leases;

   

  (16)         bankers’ Liens, rights of setoff, Liens arising out of judgments or
      awards not constituting an Event of Default and notices of lis pendens and associated rights related to litigation being contested in good faith by appropriate proceedings and for which adequate reserves have been made;

   

  (17)         Liens on cash, Cash Equivalents or other property arising in
      connection with the defeasance, discharge or redemption of Indebtedness;

   

  (18)         Liens on specific items of inventory or other goods (and the proceeds
      thereof) of any Person securing such Person’s obligations in respect of bankers’ acceptances or trade-related letters of credit permitted under Section 4.09 hereof issued or created in the ordinary course of

   

  
    23 

    
      
 

  

   

  business for the account of such Person to facilitate the purchase, shipment or storage
      of such inventory or other goods;

   

  (19)         grants of intellectual property licenses (including software and other
      technology licenses) in the ordinary course of business;

   

  (20)         Liens arising out of conditional sale, title retention, consignment or
      similar arrangements for the sale of goods entered into in the ordinary course of business;

   

  (21)         Liens incurred or pledges or deposits made in the ordinary course of
      business in connection with workers’ compensation, unemployment insurance and other types of social security and employee health and disability benefits (including pledges or deposits securing liability to insurance carriers under insurance or
      self-insurance arrangements);

   

  (22)         deposits made in the ordinary course of business to secure liability
      to insurance carriers;

   

  (23)         with respect to any lease or sublease entered into by the Company or
      any Restricted Subsidiary in ordinary course of business as a lessee, tenant, subtenant or other occupant, mortgages, obligations, liens and other encumbrances incurred, created or assumed or permitted to exist and arising by, through or under a
      landlord or sublandlord of such leased real property encumbering such landlord’s or sublandlord’s interest in such leased real property;

   

  (24)         Liens pursuant to any Deferred Revenue Financing Arrangement;

   

  (25)         Liens on the assets of any Restricted Subsidiary of the Company that
      is not a Guarantor and which secure Indebtedness or other obligations of such Restricted Subsidiary (or of another Restricted Subsidiary that is not a Guarantor) that are permitted to be incurred under Section 4.09 hereof;

   

  (26)         Liens incurred with respect to obligations in an aggregate principal
      amount at any time outstanding, when taken together with all other Indebtedness secured pursuant to this clause (26), not to exceed, as of any date of incurrence, the greater of (x) $150.0 million and (y) 10.5% of Consolidated Total Assets as of such
      date of incurrence;

   

  (27)         Liens on the Equity Interests of an Unrestricted Subsidiary that
      secure Indebtedness of such Unrestricted Subsidiary or any Subsidiary thereof (or any other right, title or interest relating thereto, including any right to receive dividends or other distributions on Equity Interests, or any right, title or
      interest in or to any agreements or instruments relating thereto, including under any related shareholder, limited partnership or security agreements);

   

  (28)         restrictions on dispositions of assets to be disposed of pursuant to
      merger agreements, stock or asset purchase agreements or similar agreements;

   

  (29)         all reservations in the original grant of mineral rights in any lands
      and premises or any interests therein and all statutory exceptions, qualifications and reservations in respect of title;

   

  (30)         customary options, put and call arrangements, rights of first refusal
      and similar rights relating to Investments in joint ventures and partnerships;

   

  
    24 

    
      
 

  

   

  (31)         Liens on the proceeds of Indebtedness or any deposit account in which
      such proceeds are deposited prior to the use of such proceeds to defease, discharge or redeem other Indebtedness or to consummate an acquisition permitted by the terms of this Indenture; and

   

  (32)         Liens securing Indebtedness in an aggregate amount such that, at the
      time such secured Indebtedness is incurred and after giving effect to such incurrence, the Consolidated Secured Leverage Ratio of Coeur does not exceed 2.0 to 1.

   

  “Permitted Refinancing Indebtedness” means any Indebtedness of the Company or any of
      its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to renew, refund, refinance, replace, defease or discharge other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany
      Indebtedness); provided that:

   

  (1)           the principal amount (or accreted value, if applicable) of such
      Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness renewed, refunded, refinanced, replaced, defeased or discharged (plus all accrued interest on the Indebtedness and the
      amount of all fees and expenses, including premiums, tender premiums or defeasance expenses incurred in connection therewith);

   

  (2)           such Permitted Refinancing Indebtedness has a final maturity date
      later than the final maturity date of, and has a Weighted Average Life to Maturity that is (a) equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged
      or (b) more than 90 days after the final maturity date of the Notes;

   

  (3)            if the Indebtedness being renewed, refunded, refinanced, replaced,
      defeased or discharged is subordinated in right of payment to the Notes, such Permitted Refinancing Indebtedness is subordinated in right of payment to the Notes on terms, taken as a whole, at least as favorable to the Holders of Notes as those
      contained in the documentation governing the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged; and

   

  (4)           such Indebtedness shall not include (a) Indebtedness of a
      non-Guarantor that refinances Indebtedness of the Company or a Guarantor or (b) Indebtedness of the Company or a Restricted Subsidiary that refinances Indebtedness of an Unrestricted Subsidiary.

   

  “Permitted Warrant Transaction” means any call option, warrant or right to purchase
      (or substantively equivalent derivative transaction) on the Company’s common stock sold by the Company

   

  
    25 

    
      
 

  

   

  substantially concurrently with any purchase by the Company of a related Permitted Bond Hedge
      Transaction.

   

  “Person” means any individual, corporation, partnership, joint venture, association,
      joint-stock company, trust, unincorporated organization, limited liability company or government or other entity.

   

  “Private Placement Legend” means the legend set forth in Section 2.06(f)(1) hereof to
      be placed on all Notes issued under this Indenture except where otherwise permitted by the provisions of this Indenture.

   

  “Pro Forma Cost Savings” means, with respect to any four-quarter period, the reduction
      in net costs and expenses that:

   

  		(1)	the Company determines in good faith were directly attributable to an acquisition, Investment, disposition, merger,
            consolidation or discontinued operation or other specified action that occurred during the four-quarter period or after the end of the four-quarter period and on or prior to the Calculation Date;

   

  		(2)	were actually implemented prior to the Calculation Date in connection with or as a result of an acquisition, Investment,
            disposition, merger, consolidation or discontinued operation or other specified action and that are supportable and quantifiable by the underlying accounting records; or

   

  		(3)	relate to an acquisition, Investment, disposition, merger, consolidation or discontinued operation or other specified
            action and that the Company reasonably determines are probable based upon specifically identifiable actions to be taken within six months of the date of the closing of the acquisition, Investment, disposition, merger, consolidation or
            discontinued operation or specified action.

   

  “QIB” means a “qualified institutional buyer” as defined in Rule 144A.

   

  “Qualifying Equity Interests” means Equity Interests of the Company other than (1)
      Disqualified Stock and (2) Equity Interests sold in an Equity Offering prior to the third anniversary of the date of this Indenture, the proceeds of which are used to support an optional redemption of Notes pursuant to Section 3.07 hereof.

   

  “Reclamation Obligations” means statutory, contractual, constructive or legal
      obligations associated with decommissioning of mining operations and/or mineral processing facilities and reclamation and rehabilitation costs arising when environmental disturbance is caused by the exploration or development of mineral properties,
      plant and equipment.

   

  “Regulation S” means Regulation S promulgated under the Securities Act.

   

  “Regulation S Global Note” means a Global Note substantially in the form of Exhibit A
      hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of the Notes
      sold in reliance on Rule 903 of Regulation S.

   

  “Responsible Officer,” when used with respect to the Trustee, means any officer within
      the Corporate Trust Administration of the Trustee (or any successor group of the Trustee) including any vice president, assistant vice president, assistant secretary, senior associate, associate, trust officer or any other

   

  
    26 

    
      
 

  

   

  officer of the Trustee customarily performing functions similar to those performed by any of the
      above designated officers and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his knowledge of and familiarity with the particular subject and who shall have direct
      responsibility for the administration of this Indenture.

   

  “Restricted Definitive Note” means a Definitive Note bearing the Private Placement
      Legend.

   

  “Restricted Global Note” means a Global Note bearing the Private Placement Legend.

   

  “Restricted Investment” means an Investment other than a Permitted Investment.

   

  “Restricted Period” means the 40-day distribution compliance period as defined in
      Regulation S.

   

  “Restricted Subsidiary” of a Person means any Subsidiary of the referent Person that
      is not an Unrestricted Subsidiary.

   

  “Rule 144” means Rule 144 promulgated under the Securities Act.

   

  “Rule 144A” means Rule 144A promulgated under the Securities Act.

   

  “Rule 903” means Rule 903 promulgated under the Securities Act.

   

  “Rule 904” means Rule 904 promulgated under the Securities Act.

   

  “S&P” means S&P Global Ratings.

   

  “SEC” means the U.S. Securities and Exchange Commission.

   

  “Securities Act” means the Securities Act of 1933, as amended, and the rules and
      regulations of the SEC promulgated thereunder.

   

  “Secured Indebtedness’’ means any Indebtedness of Coeur or any of its Restricted
      Subsidiaries (other than Indebtedness in respect of letters of credit which have not been drawn and other than Indebtedness referred to in clause (6) of the definition of such term) secured by a Lien on assets of Coeur or such Restricted Subsidiary,
      excluding Capital Stock or Indebtedness of an Unrestricted Subsidiary.

   

  “Significant Subsidiary” means any Restricted Subsidiary that would be a “significant
      subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the date of this Indenture.

   

  “Specified Foreign Subsidiary” means any direct or indirect subsidiary of the Company
      that is a CFC and any subsidiary thereof.

   

  “Stated Maturity” means, with respect to any installment of interest or principal on
      any series of Indebtedness, the date on which the payment of interest or principal was scheduled to be paid in the documentation governing such Indebtedness as of the date of this Indenture, and will not include any

   

  
    27 

    
      
 

  

   

  contingent obligations to repay, redeem or repurchase any such interest or principal prior to the
      date originally scheduled for the payment thereof.

   

  “Subsidiary” means, with respect to any specified Person:

   

  		(1)	any corporation, association or other business entity of which more than 50% of the total voting power of shares of
            Capital Stock entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to vote in the election of directors, managers or
            trustees of the corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a combination thereof); and

   

  		(2)	any partnership or limited liability company of which (a) more than 50% of the capital accounts, distribution rights,
            total equity and voting interests or general and limited partnership interests, as applicable, are owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of that Person or a combination thereof,
            whether in the form of membership, general, special or limited partnership interests or otherwise, and (b) such Person or any Subsidiary of such Person is a controlling general partner or otherwise controls such entity.

   

  “TIA” means the Trust Indenture Act of 1939, as amended (15 U.S.C. §§ 77aaa-77bbbb).

   

  “Treasury Management Arrangement” means any agreement or other arrangement governing
      the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox,
      account reconciliation and reporting and trade finance services and other cash management services.

   

  “Treasury Rate” means, as of any redemption date, the yield to maturity as of the
      earlier of (a) such redemption date or (b) the date on which such Notes are defeased or satisfied and discharged, of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical
      Release H.15 (519) that has become publicly available at least two business days prior to such date (or, if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from
      the redemption date to February 15, 2024; provided, however, that if the period from the redemption date to February 15, 2024, is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant
      maturity of one year will be used. Any such Treasury Rate shall be obtained by the Company.

   

  “Trustee” means The Bank of New York Mellon, until a successor replaces it in
      accordance with the applicable provisions of this Indenture and thereafter means the successor serving hereunder.

   

  “U.S. GAAP” means generally accepted accounting principles set forth in the opinions
      and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have
      been approved by a significant segment of the accounting profession, which are in effect from time to time; provided that, with respect to determinations for purposes of the definition of “Deferred Revenue Financing Arrangement”, whether such
      arrangements constitute debt for purposes of U.S. GAAP and whether payments thereunder constitute financing cash

   

  
    28 

    
      
 

  

   

  flows for purposes of U.S. GAAP, such determinations will be made under U.S. GAAP as in effect as
      of the closing date of such Deferred Revenue Financing Arrangement.

   

  “Unrestricted Definitive Note” means a Definitive Note that does not bear and is not
      required to bear the Private Placement Legend.

   

  “Unrestricted Global Note” means a Global Note that does not bear and is not required
      to bear the Private Placement Legend.

   

  “Unrestricted Subsidiary” means any Subsidiary of the Company that is designated by
      the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of the Board of Directors of the Company, but only to the extent that such Subsidiary:

   

  (1)           has no Indebtedness other than Non-Recourse Debt;

   

  (2)           except as permitted by Section 4.11 hereof, is not party to any
      agreement, contract, arrangement or understanding with the Company or any Restricted Subsidiary of the Company unless the terms of any such agreement, contract, arrangement or understanding are not materially less favorable, taken as a whole, to the
      Company or such Restricted Subsidiary than those that might be obtained at the time from Persons who are not Affiliates of the Company; and

   

  (3)           is a Person with respect to which neither the Company nor any of its
      Restricted Subsidiaries has any direct or indirect obligation (a) to subscribe for additional Equity Interests or (b) to maintain or preserve such Person’s financial condition or to cause such Person to achieve any specified levels of operating
      results.

   

  “U.S. Person” means a U.S. Person as defined in Rule 902(k) promulgated under the
      Securities Act.

   

  “Voting Stock” of any specified Person as of any date means the Capital Stock of such
      Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

   

  “Weighted Average Life to Maturity” means, when applied to any Indebtedness at any
      date, the number of years obtained by dividing:

   

  (1)            the sum of the products obtained by multiplying (a) the amount of
      each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect of the Indebtedness, by (b) the number of years (calculated to the nearest one-twelfth) that will
      elapse between such date and the making of such payment; by

   

  (2)           the then outstanding principal amount of such Indebtedness.

   

  “Wholly Owned Subsidiary” of any Person means a Subsidiary of such Person 100% of the
      outstanding Capital Stock or other ownership interests of which (other than directors’ qualifying shares or shares required pursuant to applicable law) shall at the time be owned by such Person or by one or more Wholly Owned Subsidiaries of such
      Person.

   

  
    29 

    
      
 

  

   

  Section 1.02          Other Definitions.

   

  	 	Defined in
	Term	Section
	“Affiliate Transaction” 	4.11
	“Asset Sale Offer” 	3.09
	“Authentication Order” 	2.02
	“Change of Control Offer” 	4.15
	“Change of Control Payment” 	4.15
	“Change of Control Payment Date” 	4.15
	“Reinstatement Date” 	4.18
	“Suspension Period” 	4.18
	“Covenant Defeasance” 	8.03
	“DTC” 	2.03
	“Event of Default” 	6.01
	“Excess Proceeds” 	4.10
	“incur” 	4.09
	“Legal Defeasance” 	8.02
	“Offer Amount” 	3.09
	“Offer Period” 	3.09
	“Paying Agent” 	2.03
	“Permitted Debt” 	4.09
	“Payment Default” 	6.01
	“Purchase Date” 	3.09
	“Registrar” 	2.03
	“Restricted Payments” 	4.07

   

  
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  Section 1.03           [Reserved].

   

  Section 1.04           Rules of Construction.

   

  Unless the context otherwise requires:

   

  (1)           a term has the meaning assigned to it;

   

  (2)           an accounting term not otherwise defined has the meaning assigned to
      it in accordance with U.S. GAAP;

   

  (3)           “or” is not exclusive;

   

  (4)            “including” is not limiting;

   

  (5)            words in the singular include the plural, and in the plural include
      the singular;

   

  (6)           “will” shall be interpreted to express a command;

   

  (7)           provisions apply to successive events and transactions; and

   

  (8)           references to sections of or rules under the Exchange Act, the
      Securities Act or the TIA will be deemed to include substitute, replacement of successor sections or rules adopted by the SEC from time to time.

   

  Article 2.

      THE NOTES

   

  Section 2.01         Form and Dating.

   

  (a)           General. The Notes and the Trustee’s certificate of authentication will
      be substantially in the form of Exhibit A hereto. The Notes may have notations, legends or endorsements required by law, stock exchange rule or usage. Each Note will be dated the date of its authentication. The Notes shall be in denominations of
      $2,000 and integral multiples of $1,000 in excess thereof.

   

  The terms and provisions contained in the Notes will constitute, and are hereby expressly
      made, a part of this Indenture and the Company, the Guarantors and the Trustee, by their execution and delivery of this Indenture, expressly agree to such terms and provisions and to be bound thereby. However, to the extent any provision of any Note
      conflicts with the express provisions of this Indenture, the provisions of this Indenture shall govern and be controlling.

   

  (b)           Global Notes. Notes issued in global form will be substantially in the
      form of Exhibit A hereto (including the Global Note Legend thereon and the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Notes issued in definitive form will be substantially in the form of Exhibit A hereto (but without
      the Global Note Legend thereon and without the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Each Global Note will represent such of the outstanding Notes as will be specified therein and each shall provide that it
      represents the aggregate principal amount of outstanding Notes from time to time endorsed thereon and that the aggregate principal amount of outstanding Notes represented thereby may from time to time be reduced or increased, as appropriate, to
      reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the aggregate principal amount of outstanding Notes represented thereby will be

   

  
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  made by the Trustee or the Custodian, at the direction of the Trustee, in accordance with
      instructions given by the Holder thereof as required by Section 2.06 hereof.

   

  (c)           Euroclear and Clearstream Procedures Applicable. The provisions of the
      “Operating Procedures of the Euroclear System” and “Terms and Conditions Governing Use of Euroclear” and the “General Terms and Conditions of Clearstream Banking” and “Customer Handbook” of Clearstream will be applicable to transfers of beneficial
      interests in the Regulation S Global Note that are held by Participants through Euroclear or Clearstream.

   

  Section 2.02          Execution and Authentication.

   

  At least one Officer must sign the Notes for the Company by manual or facsimile signature.

   

  If an Officer whose signature is on a Note no longer holds that office at the time a Note is
      authenticated, the Note will nevertheless be valid.

   

  A Note will not be valid until authenticated by the manual, facsimile or electronic signature
      of the Trustee. The signature will be conclusive evidence that the Note has been authenticated under this Indenture.

   

  The Trustee will, upon receipt of a written order of the Company signed by an Officer (an “Authentication
        Order”), authenticate Notes for original issue that may be validly issued under this Indenture, including any Additional Notes. The aggregate principal amount of Notes outstanding at any time may not exceed the aggregate principal amount of
      Notes authorized for issuance by the Company pursuant to one or more Authentication Orders, except as provided in Section 2.07 hereof.

   

  The Trustee may appoint an authenticating agent acceptable to the Company to authenticate
      Notes. An authenticating agent may authenticate Notes whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as an Agent to
      deal with Holders or an Affiliate of the Company.

   

  Section 2.03           Registrar and Paying Agent.

   

  The Company will maintain an office or agency where Notes may be presented for registration
      of transfer or for exchange (“Registrar”) and an office or agency where Notes may be presented for payment (“Paying Agent”). The Registrar will keep a register of the Notes and of their transfer and exchange. The Company may appoint one
      or more co-registrars and one or more additional paying agents. The term “Registrar” includes any co-registrar and the term “Paying Agent” includes any additional paying agent. The Company may change any Paying Agent or Registrar without notice to
      any Holder. The Company will notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. If

   

  
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  the Company fails to appoint or maintain another entity as Registrar or Paying Agent, the Trustee
      shall act as such. The Company or any of its Subsidiaries may act as Paying Agent or Registrar.

   

  The Company initially appoints The Depository Trust Company (“DTC”) to act as
      Depositary with respect to the Global Notes. The Company may change the Depositary at any time without notice to any Holder, but the Company will notify the Trustee of the name and address of any new Depositary.

   

  The Company initially appoints the Trustee to act as the Registrar and Paying Agent.

   

  Section 2.04           Paying Agent to Hold Money in Trust.

   

  The Company will require each Paying Agent other than the Trustee to agree in writing that
      the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal of, premium on, if any, or interest on, the Notes, and will notify the Trustee of any default by the Company
      in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon
      payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the
      benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.

   

  Section 2.05          Holder Lists.

   

  The Trustee will preserve in as current a form as is reasonably practicable the most recent
      list available to it of the names and addresses of all Holders. If the Trustee is not the Registrar, the Company will furnish to the Trustee (a) semi-annually at least seven Business Days before each interest payment date a list, in such form and as
      of such date as the Trustee may reasonably require of the names and addresses of the Holders of Notes, provided that the Company shall not be obligated to furnish or cause to be furnished such list at any time that the list shall not differ in any
      respect from the most recent list furnished to the Trustee by the Company and (b) at such other times as the Trustee may request in writing within 30 days after the receipt by the Company of any such request, a list of similar form and content as of
      a date not more than 15 days prior to the time such list is furnished.

   

  Section 2.06          Transfer and Exchange.

   

  (a)                Transfer and Exchange of Global Notes. A Global Note may not be
      transferred except as a whole by the Depositary to a nominee of the Depositary, by a nominee of the Depositary to the Depositary or to another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or a nominee
      of such successor Depositary. All Global Notes will be exchanged by the Company for Definitive Notes if:

   

  (1)           the Company delivers to the Trustee notice from the Depositary that
      it is unwilling or unable to continue to act as Depositary or that it is no longer a clearing agency

   

  
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  registered under the Exchange Act and, in either case, a successor Depositary is not
      appointed by the Company within 120 days after the date of such notice from the Depositary;

   

  (2)           the Company in its sole discretion determines that the Global Notes
      (in whole but not in part) should be exchanged for Definitive Notes and delivers a written notice to such effect to the Trustee; or

   

  (3)           there has occurred and is continuing a Default or Event of Default
      with respect to the Notes.

   

  Upon the occurrence of either of the preceding events in (1) or (2) above, Definitive Notes
      shall be issued in such names as the Depositary shall instruct the Trustee. Global Notes also may be exchanged or replaced, in whole or in part, as provided in Sections 2.07 and 2.10 hereof. Every Note authenticated and delivered in exchange for, or
      in lieu of, a Global Note or any portion thereof, pursuant to this Section 2.06 or Section 2.07 or 2.10 hereof, shall be authenticated and delivered in the form of, and shall be, a Global Note. A Global Note may not be exchanged for another Note
      other than as provided in this Section 2.06(a), however, beneficial interests in a Global Note may be transferred and exchanged as provided in Section 2.06(b) or (c) hereof.

   

  (b)           Transfer and Exchange of Beneficial Interests in the Global Notes. The
      transfer and exchange of beneficial interests in the Global Notes will be effected through the Depositary, in accordance with the provisions of this Indenture and the Applicable Procedures. Beneficial interests in the Restricted Global Notes will be
      subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Transfers of beneficial interests in the Global Notes also will require compliance with either subparagraph (1) or (2) below, as
      applicable, as well as one or more of the other following subparagraphs, as applicable:

   

  (1)           Transfer of Beneficial Interests in the Same Global Note.
      Beneficial interests in any Restricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Note in accordance with the transfer restrictions set forth in the Private
      Placement Legend; provided, however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in the Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a U.S. Person
      (other than an Initial Purchaser). Beneficial interests in any Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written orders or instructions
      shall be required to be delivered to the Registrar to effect the transfers described in this Section 2.06(b)(1).

   

  (2)           All Other Transfers and Exchanges of Beneficial Interests in
        Global Notes. In connection with all transfers and exchanges of beneficial interests that are not subject to Section 2.06(b)(1) above, the transferor of such beneficial interest must deliver to the Registrar either:

   

  (A)          both:

   

  (i)         a written order from a Participant or an Indirect Participant given to
      the Depositary in accordance with the Applicable Procedures directing the Depositary to credit or cause to be credited a beneficial interest in another Global

   

  
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  Note in an amount equal to the beneficial interest to be transferred or exchanged; and

   

  (ii)        instructions given in accordance with the Applicable Procedures
      containing information regarding the Participant account to be credited with such increase; or

   

  (B)          both:

   

  (i)         a written order from a Participant or an Indirect Participant given to
      the Depositary in accordance with the Applicable Procedures directing the Depositary to cause to be issued a Definitive Note in an amount equal to the beneficial interest to be transferred or exchanged; and

   

  (ii)        instructions given by the Depositary to the Registrar containing
      information regarding the Person in whose name such Definitive Note shall be registered to effect the transfer or exchange referred to in (1) above.

   

  Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in Global Notes
      contained in this Indenture and the Notes or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Note(s) pursuant to Section 2.06(g) hereof.

   

  (3)               Transfer of Beneficial Interests to Another Restricted Global
        Note. A beneficial interest in any Restricted Global Note may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Note if the transfer complies with the requirements of Section
      2.06(b)(2) above and the Registrar receives the following:

   

  (A)              if the transferee will take delivery in the form of a beneficial
      interest in the 144A Global Note, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (1) thereof; and

   

  (B)              if the transferee will take delivery in the form of a beneficial
      interest in the Regulation S Global Note, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof.

   

  (C)              if the transferee will take delivery in the form of a beneficial
      interest in the IAI Global Note, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications, certificates and Opinion of Counsel required by item (3) thereof, if applicable.

   

  (4)               Transfer and Exchange of Beneficial Interests in a Restricted
        Global Note for Beneficial Interests in an Unrestricted Global Note. A beneficial interest in any Restricted Global Note may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Note or transferred to a Person
      who takes delivery thereof in the form of a beneficial

   

  
    35 

    
      
 

  

   

  interest in an Unrestricted Global Note if the exchange or transfer complies with the
      requirements of Section 2.06(b)(2) above and:

   

  (A)          the Registrar receives the following:

   

  (i)          if the holder of such beneficial interest in a Restricted Global Note
      proposes to exchange such beneficial interest for a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form of Exhibit C hereto, including the certifications in item (1)(a) thereof; or

   

  (ii)        if the holder of such beneficial interest in a Restricted Global Note
      proposes to transfer such beneficial interest to a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form of Exhibit B hereto, including the
      certifications in item (4) thereof;

   

  and, in each such case set forth in this subparagraph (A), if the Registrar so requests or if the
      Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in
      the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act.

   

  If any such transfer is effected pursuant to subparagraph (A) above at a time when an
      Unrestricted Global Note has not yet been issued, the Company shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate
      principal amount equal to the aggregate principal amount of beneficial interests transferred pursuant to subparagraph (B) or (D) above.

   

  Beneficial interests in an Unrestricted Global Note cannot be exchanged for, or transferred
      to Persons who take delivery thereof in the form of, a beneficial interest in a Restricted Global Note.

   

  (c)           Transfer or Exchange of Beneficial Interests for Definitive Notes.

   

  (1)           Beneficial Interests in Restricted Global Notes to Restricted
        Definitive Notes. If any holder of a beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a Restricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof
      in the form of a Restricted Definitive Note, then, upon receipt by the Registrar of the following documentation:

   

  (A)          if the holder of such beneficial interest in a Restricted Global Note
      proposes to exchange such beneficial interest for a Restricted Definitive Note, a

   

  
    36 

    
      
 

  

   

  certificate from such holder in the form of Exhibit C hereto, including the
      certifications in item (2)(a) thereof;

   

  (B)          if such beneficial interest is being transferred to a QIB in accordance
      with Rule 144A, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (1) thereof;

   

  (C)          if such beneficial interest is being transferred to a Non-U.S. Person in
      an offshore transaction in accordance with Rule 903 or Rule 904, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (2) thereof;

   

  (D)          if such beneficial interest is being transferred pursuant to an
      exemption from the registration requirements of the Securities Act in accordance with Rule 144, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(a) thereof;

   

  (E)           if such beneficial interest is being transferred to an Institutional
      Accredited Investor in reliance on an exemption from the registration requirements of the Securities Act other than those listed in subparagraphs (B) through (D) above, a certificate to the effect set forth in Exhibit B hereto, including the
      certifications, certificates and Opinion of Counsel required by item (3) thereof, if applicable;

   

  (F)           if such beneficial interest is being transferred to the Company or any
      of its Subsidiaries, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(b) thereof; or

   

  (G)           if such beneficial interest is being transferred pursuant to an
      effective registration statement under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(c) thereof,

   

  the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly
      pursuant to Section 2.06(g) hereof, and the Company shall execute and the Trustee shall authenticate and deliver to the Person designated in the instructions a Definitive Note in the appropriate principal amount. Any Definitive Note issued in
      exchange for a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct
      the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for
      a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(c)(1) shall bear the Private Placement Legend and shall be subject to all restrictions on transfer contained therein.

   

  (2)           Beneficial Interests in Restricted Global Notes to Unrestricted
        Definitive Notes. A holder of a beneficial interest in a Restricted Global Note may exchange such beneficial interest for an Unrestricted Definitive Note or may transfer such beneficial interest to a Person who takes delivery thereof in the
      form of an Unrestricted Definitive Note only if:

   

  (A)          the Registrar receives the following:

   

  (i)         if the holder of such beneficial interest in a Restricted Global Note
      proposes to exchange such beneficial interest for an Unrestricted Definitive

   

  
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  Note, a certificate from such holder in the form of Exhibit C hereto, including the
      certifications in item (1)(b) thereof; or

   

  (ii)        if the holder of such beneficial interest in a Restricted Global Note
      proposes to transfer such beneficial interest to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such holder in the form of Exhibit B hereto, including the certifications in item (4)
      thereof;

   

  and, in each such case set forth in this subparagraph (A), if the Registrar so requests or if the
      Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in
      the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act.

   

  (3)           Beneficial Interests in Unrestricted Global Notes to Unrestricted
        Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the
      form of a Definitive Note, then, upon satisfaction of the conditions set forth in Section 2.06(b)(2) hereof, the Trustee will cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to
      Section 2.06(g) hereof, and the Company will execute and the Trustee will authenticate and deliver to the Person designated in the instructions a Definitive Note in the appropriate principal amount. Any Definitive Note issued in exchange for a
      beneficial interest pursuant to this Section 2.06(c)(3) will be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest requests through instructions to the Registrar from or
      through the Depositary and the Participant or Indirect Participant. The Trustee will deliver such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant
      to this Section 2.06(c)(3) will not bear the Private Placement Legend.

   

  (d)           Transfer and Exchange of Definitive Notes for Beneficial Interests.

   

  (1)           Restricted Definitive Notes to Beneficial Interests in Restricted
        Global Notes. If any Holder of a Restricted Definitive Note proposes to exchange such Note for a beneficial interest in a Restricted Global Note or to transfer such Restricted Definitive Notes to a Person

   

  
    38 

    
      
 

  

   

  who takes delivery thereof in the form of a beneficial interest in a Restricted Global
      Note, then, upon receipt by the Registrar of the following documentation:

   

  (A)          if the Holder of such Restricted Definitive Note proposes to exchange
      such Note for a beneficial interest in a Restricted Global Note, a certificate from such Holder in the form of Exhibit C hereto, including the certifications in item (2)(b) thereof;

   

  (B)           if such Restricted Definitive Note is being transferred to a QIB in
      accordance with Rule 144A, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (1) thereof;

   

  (C)          if such Restricted Definitive Note is being transferred to a Non-U.S.
      Person in an offshore transaction in accordance with Rule 903 or Rule 904, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (2) thereof;

   

  (D)          if such Restricted Definitive Note is being transferred pursuant to an
      exemption from the registration requirements of the Securities Act in accordance with Rule 144, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(a) thereof;

   

  (E)           if such Restricted Definitive Note is being transferred to an
      Institutional Accredited Investor in reliance on an exemption from the registration requirements of the Securities Act other than those listed in subparagraphs (B) through (D) above, a certificate to the effect set forth in Exhibit B hereto,
      including the certifications, certificates and Opinion of Counsel required by item (3) thereof, if applicable;

   

  (F)           if such Restricted Definitive Note is being transferred to the Company
      or any of its Subsidiaries, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(b) thereof; or

   

  (G)           if such Restricted Definitive Note is being transferred pursuant to an
      effective registration statement under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(c) thereof,

   

  the Trustee will cancel the Restricted Definitive Note, increase or cause to be increased the aggregate
      principal amount of, in the case of clause (A) above, the appropriate Restricted Global Note, in the case of clause (B) above, the 144A Global Note, and in the case of clause (C) above, the Regulation S Global Note, and in all other cases, the IAI
      Global Note.

   

  (2)           Restricted Definitive Notes to Beneficial Interests in
        Unrestricted Global Notes. A Holder of a Restricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Restricted Definitive Note to a Person who takes delivery thereof in the form
      of a beneficial interest in an Unrestricted Global Note only if:

   

  (A)          the Registrar receives the following:

   

  (i)         if the Holder of such Definitive Notes proposes to exchange such Notes
      for a beneficial interest in the Unrestricted Global Note, a certificate from

   

  
    39 

    
      
 

  

   

  such Holder in the form of Exhibit C hereto, including the certifications in item
      (1)(c) thereof; or

   

  (ii)        if the Holder of such Definitive Notes proposes to transfer such Notes
      to a Person who shall take delivery thereof in the form of a beneficial interest in the Unrestricted Global Note, a certificate from such Holder in the form of Exhibit B hereto, including the certifications in item (4) thereof;

   

  and, in each such case set forth in this subparagraph (A), if the Registrar so requests or if the
      Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in
      the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act.

   

  Upon satisfaction of the conditions of any of the subparagraphs in this Section
      2.06(d)(2), the Trustee will cancel the Definitive Notes and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Note.

   

  (3)           Unrestricted Definitive Notes to Beneficial Interests in
        Unrestricted Global Notes. A Holder of an Unrestricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a
      beneficial interest in an Unrestricted Global Note at any time. Upon receipt of a request for such an exchange or transfer, the Trustee will cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate
      principal amount of one of the Unrestricted Global Notes.

   

  If any such exchange or transfer from a Definitive Note to a beneficial interest is
      effected pursuant to subparagraphs (2)(B), (2)(D) or (3) above at a time when an Unrestricted Global Note has not yet been issued, the Company will issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee
      will authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the principal amount of Definitive Notes so transferred.

   

  (e)           Transfer and Exchange of Definitive Notes for Definitive Notes. Upon
      request by a Holder of Definitive Notes and such Holder’s compliance with the provisions of this Section 2.06(e), the Registrar will register the transfer or exchange of Definitive Notes. Prior to such registration of transfer or exchange, the
      requesting Holder must present or surrender to the Registrar the Definitive Notes duly endorsed or accompanied by a written instruction of transfer in form satisfactory to the Registrar duly executed by such Holder or by its attorney, duly authorized
      in writing. In addition, the requesting Holder

   

  
    40 

    
      
 

  

   

  must provide any additional certifications, documents and information, as applicable,
      required pursuant to the following provisions of this Section 2.06(e).

   

  (1)           Restricted Definitive Notes to Restricted Definitive Notes. Any
      Restricted Definitive Note may be transferred to and registered in the name of Persons who take delivery thereof in the form of a Restricted Definitive Note if the Registrar receives the following:

   

  (A)          if the transfer will be made pursuant to Rule 144A, then the transferor
      must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (1) thereof;

   

  (B)          if the transfer will be made pursuant to Rule 903 or Rule 904, then the
      transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof; and

   

  (C)          if the transfer will be made pursuant to any other exemption from the
      registration requirements of the Securities Act, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications, certificates and Opinion of Counsel required by item (3) thereof, if applicable.

   

  (2)           Restricted Definitive Notes to Unrestricted Definitive Notes. Any
      Restricted Definitive Note may be exchanged by the Holder thereof for an Unrestricted Definitive Note or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted Definitive Note if:

   

  (A)          the Registrar receives the following:

   

  (i)         if the Holder of such Restricted Definitive Notes proposes to exchange
      such Notes for an Unrestricted Definitive Note, a certificate from such Holder in the form of Exhibit C hereto, including the certifications in item (1)(d) thereof; or

   

  (ii)        if the Holder of such Restricted Definitive Notes proposes to transfer
      such Notes to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such Holder in the form of Exhibit B hereto, including the certifications in item (4) thereof;

   

  and, in each such case set forth in this subparagraph (A), if the Registrar so requests, an Opinion of
      Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer
      required in order to maintain compliance with the Securities Act.

   

  (3)           Unrestricted Definitive Notes to Unrestricted Definitive Notes. A
      Holder of Unrestricted Definitive Notes may transfer such Notes to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note. Upon receipt of a request to register such a transfer,

   

  
    41 

    
      
 

  

   

  the Registrar shall register the Unrestricted Definitive Notes pursuant to the
      instructions from the Holder thereof.

   

  (f)            Legends. The following legends will appear on the face of all Global
      Notes and Definitive Notes issued under this Indenture unless specifically stated otherwise in the applicable provisions of this Indenture.

   

  (1)            Private Placement Legend.

   

  (A)          Except as permitted by subparagraph (B) below, each Global Note and each
      Definitive Note (and all Notes issued in exchange therefor or substitution thereof) shall bear the legend in substantially the following form:

   

  “THE NOTES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED
      (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (A) (1) TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT
      PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A, (2) IN AN OFFSHORE TRANSACTION COMPLYING WITH RULE 903 OR RULE 904 OF REGULATION S UNDER THE SECURITIES ACT,
      (3) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF AVAILABLE), (4) TO AN INSTITUTIONAL ACCREDITED INVESTOR IN A TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OR
      (5) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, (B) TO US, ANY OF THE GUARANTORS OR ANY OF THEIR SUBSIDIARIES AND (C) IN ACCORDANCE WITH ALL APPLICABLE BLUE SKY LAWS OF THE STATES OF THE UNITED STATES, AND ANY SELLER
      AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS NOTE OR AN INTEREST HEREIN IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.”

   

  (B)          Notwithstanding the foregoing, any Global Note or Definitive Note issued
      pursuant to subparagraphs (b)(4), (c)(2), (c)(3), (d)(2), (d)(3), (e)(2), (e)(3) or (f) of this Section 2.06 (and all Notes issued in exchange therefor or substitution thereof) will not bear the Private Placement Legend.

   

  (2)           Global Note Legend. Each Global Note will bear a legend in
      substantially the following form:

   

  “THIS GLOBAL NOTE IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS NOTE) OR ITS NOMINEE IN
      CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (1) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 2.06 OF THE INDENTURE, (2) THIS
      GLOBAL NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THE INDENTURE, (3) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.11 OF THE INDENTURE AND (4)

   

  
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  THIS GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE COMPANY.

   

  UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE
      TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF
      SUCH SUCCESSOR DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK) (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR
      PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN
      AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.”

   

  (g)           Cancellation and/or Adjustment of Global Notes. At such time as all
      beneficial interests in a particular Global Note have been exchanged for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note will be returned to or retained and
      canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial
      interest in another Global Note or for Definitive Notes, the principal amount of Notes represented by such Global Note will be reduced accordingly and an endorsement will be made on such Global Note by the Trustee or by the Depositary at the
      direction of the Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note
      will be increased accordingly and an endorsement will be made on such Global Note by the Trustee or by the Depositary at the direction of the Trustee to reflect such increase.

   

  (h)          General Provisions Relating to Transfers and Exchanges.

   

  (1)           To permit registrations of transfers and exchanges, the Company will
      execute and the Trustee will authenticate Global Notes and Definitive Notes upon receipt of an Authentication Order in accordance with Section 2.02 hereof or at the Registrar’s request.

   

  (2)           No service charge will be made to a Holder of a beneficial interest
      in a Global Note or to a Holder of a Definitive Note for any registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other
      than any such transfer taxes or similar governmental charge payable upon exchange or transfer pursuant to Sections 2.10, 3.06, 3.09, 4.10, 4.15 and 9.04 hereof).

   

  (3)           The Registrar will not be required to register the transfer of or
      exchange of any Note selected for redemption in whole or in part, except the unredeemed portion of any Note being redeemed in part.

   

  (4)           All Global Notes and Definitive Notes issued upon any registration of
      transfer or exchange of Global Notes or Definitive Notes will be the valid obligations of the Company,

   

  
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  evidencing the same debt, and entitled to the same benefits under this Indenture, as
      the Global Notes or Definitive Notes surrendered upon such registration of transfer or exchange.

   

  (5)           Neither the Registrar nor the Company will be required:

   

  (A)          to issue, to register the transfer of or to exchange any Notes during a
      period beginning at the opening of business 15 days before the day of any selection of Notes for redemption under Section 3.02 hereof and ending at the close of business on the day of selection;

   

  (B)           to register the transfer of or to exchange any Note selected for
      redemption in whole or in part, except the unredeemed portion of any Note being redeemed in part; or

   

  (C)           to register the transfer of or to exchange a Note between a record date
      and the next succeeding interest payment date.

   

  (6)           Prior to due presentment for the registration of a transfer of any
      Note, the Trustee, any Agent and the Company may deem and treat the Person in whose name any Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest on such Notes and for all other
      purposes, and none of the Trustee, any Agent or the Company shall be affected by notice to the contrary.

   

  (7)           The Trustee will authenticate Global Notes and Definitive Notes in
      accordance with the provisions of Section 2.02 hereof.

   

  (8)           All certifications, certificates and Opinions of Counsel required to
      be submitted to the Registrar pursuant to this Section 2.06 to effect a registration of transfer or exchange may be submitted by facsimile.

   

  (9)           The Trustee shall have no obligation or duty to monitor, determine or
      inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Notes (including any transfers between or among Depositary Participants or beneficial
      owners of interests in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine
      the same to determine substantial compliance as to form with the express requirements hereof. Neither the Trustee nor any Agent shall have any responsibility for any actions taken or not taken by the Depositary.

   

  Section 2.07          Replacement Notes.

   

  If any mutilated Note is surrendered to the Trustee or the Company and the Trustee receives
      evidence to its satisfaction of the destruction, loss or theft of any Note, the Company will issue and the Trustee, upon receipt of an Authentication Order, will authenticate a replacement Note. If required by the Trustee or the Company, an indemnity
      bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any

   

  
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  authenticating agent from any loss that any of them may suffer if a Note is replaced. The Company
      may charge for its expenses in replacing a Note.

   

  Every replacement Note is an additional obligation of the Company and will be entitled to all
      of the benefits of this Indenture equally and proportionately with all other Notes duly issued hereunder.

   

  Section 2.08          Outstanding Notes.

   

  The Notes outstanding at any time are all the Notes authenticated by the Trustee except for
      those canceled by it, those delivered to it for cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section 2.08 as not outstanding. Except as
      set forth in Section 2.09 hereof, a Note does not cease to be outstanding because the Company or an Affiliate of the Company holds the Note; however, Notes held by the Company or a Subsidiary of the Company shall not be deemed to be outstanding for
      purposes of Section 3.07(a) hereof.

   

  If a Note is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless the
      Trustee receives proof satisfactory to it that the replaced Note is held by a protected purchaser and shall be deemed cancelled for all purposes.

   

  If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases
      to be outstanding, shall be deemed cancelled and interest on it ceases to accrue.

   

  If the Paying Agent (other than the Company, a Subsidiary of the Company or an Affiliate of
      any thereof) holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date, then on and after that date such Notes will be deemed to be no longer outstanding, shall be deemed cancelled, and will cease to accrue
      interest.

   

  Section 2.09          Treasury Notes.

   

  In determining whether the Holders of the required principal amount of Notes have concurred
      in any direction, waiver or consent, Notes owned by the Company or any Guarantor, or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Company or any Guarantor, will be considered as
      though not outstanding, except that for the purposes of determining whether the Trustee will be protected in relying on any such direction, waiver or consent, only Notes that a Responsible Officer of the Trustee actually knows are so owned will be so
      disregarded.

   

  Section 2.10          Temporary Notes.

   

  Until certificates representing Notes are ready for delivery, the Company may prepare and the
      Trustee, upon receipt of an Authentication Order, will authenticate temporary Notes. Temporary Notes will be substantially in the form of certificated Notes but may have variations that the Company considers appropriate for temporary Notes and as may
      be reasonably acceptable to the Trustee. Without

   

  
    45 

    
      
 

  

   

  unreasonable delay, the Company will prepare and the Trustee will authenticate definitive Notes
      in exchange for temporary Notes.

   

  Holders of temporary Notes will be entitled to all of the benefits of this Indenture.

   

  Section 2.11          Cancellation.

   

  The Company at any time may deliver Notes to the Trustee for cancellation. The Registrar and
      Paying Agent will forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment. The Trustee and no one else will cancel all Notes surrendered for registration of transfer, exchange, payment, replacement or
      cancellation and will dispose of canceled Notes (subject to the record retention requirements of the Exchange Act) in accordance with its procedures for the disposition of canceled securities. Certification of the disposition of all canceled Notes
      will be delivered to the Company upon written request therefor. The Company may not issue new Notes to replace Notes that it has paid or that have been delivered to the Trustee for cancellation.

   

  Section 2.12          Defaulted Interest.

   

  If the Company defaults in a payment of interest on the Notes, it will pay the defaulted
      interest in any lawful manner plus, to the extent lawful, interest payable on the defaulted interest, to the Persons who are Holders on a subsequent special record date, in each case at the rate provided in the Notes and in Section 4.01 hereof. The
      Company will notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment. The Company will fix or cause to be fixed each such special record date and payment date; provided
      that no such special record date may be less than 10 days prior to the related payment date for such defaulted interest. At least 15 days before the special record date, the Company (or, upon the written request of the Company, the Trustee in the
      name and at the expense of the Company) will mail or cause to be mailed to Holders a notice that states the special record date, the related payment date and the amount of such interest to be paid.

   

  Section 2.13          CUSIP Numbers.

   

  The Company in issuing the Notes may use "CUSIP" numbers (if then generally in use), and, if
      so, the Trustee shall use "CUSIP" numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Notes or as
      contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Notes, and any such redemption

   

  
    46 

    
      
 

  

   

  shall not be affected by any defect in or omission of such numbers. The Company will promptly
      notify the Trustee in writing of any change in the "CUSIP" numbers.

   

  Article 3.

      REDEMPTION AND PREPAYMENT

   

  Section 3.01          Notices to Trustee.

   

  If the Company elects to redeem Notes pursuant to the optional redemption provisions of
      Section 3.07 hereof, it must furnish to the Trustee, at least 30 days but not more than 60 days before a redemption date, an Officer’s Certificate setting forth:

   

  (1)           the clause of this Indenture pursuant to which the redemption shall
      occur;

   

  (2)           the redemption date;

   

  (3)           the principal amount of Notes to be redeemed; and

   

  (4)           the redemption price.

   

  Section 3.02          Selection of Notes to Be Redeemed or Purchased.

   

  If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any
      time, the Notes will be selected for redemption or purchase on a pro rata basis (or, in the case of Notes issued in global form pursuant to Article 2 hereof, by lot or otherwise in accordance with applicable procedures of DTC) unless
      otherwise required by law or applicable stock exchange or depositary requirements.

   

  In the event of partial redemption or purchase by lot, the particular Notes to be redeemed or
      purchased will be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date from the outstanding Notes not previously called for redemption or purchase.

   

  The Trustee will promptly notify the Company in writing of the Notes selected for redemption
      or purchase and, in the case of any Note selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Notes and portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess
      thereof; provided that no Notes of $2,000 or less shall be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes
      called for redemption or purchase.

   

  Section 3.03          Notice of Redemption.

   

  Subject to the provisions of Section 3.09 hereof, at least 30 days but not more than 60 days
      before a redemption date, the Company will mail or cause to be mailed, by first-class mail (or, in the case of Notes issued in global form, electronic transmission), a notice of redemption to each Holder whose Notes are to be redeemed at its
      registered address, except that redemption notices may be mailed (or electronically transmitted to DTC) more than 60 days prior to a redemption date if the notice is issued in

   

  
    47 

    
      
 

  

   

  connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture
      pursuant to Articles 8 or 11 hereof.

   

  The notice will identify the Notes to be redeemed (including the CUSIP number, if any) and
      will state:

   

  (1)           the redemption date;

   

  (2)           the redemption price;

   

  (3)           if any Note is being redeemed in part, the portion of the principal
      amount of such Note to be redeemed and that, after the redemption date upon surrender of such Note, a new Note or Notes in principal amount equal to the unredeemed portion will be issued upon cancellation of the original Note;

   

  (4)           the name and address of the Paying Agent;

   

  (5)           that Notes called for redemption must be surrendered to the Paying
      Agent to collect the redemption price;

   

  (6)           that, unless the Company defaults in making such redemption payment,
      interest on Notes called for redemption ceases to accrue on and after the redemption date;

   

  (7)           the paragraph of the Notes and/or Section of this Indenture pursuant
      to which the Notes called for redemption are being redeemed; and

   

  (8)           that no representation is made as to the correctness or accuracy of
      the CUSIP number, if any, listed in such notice or printed on the Notes.

   

  At the Company’s request, the Trustee will give the notice of redemption in the Company’s
      name and at its expense; provided, however, that the Company has delivered to the Trustee, at least 45 days prior to the redemption date (unless a shorter period shall be acceptable to the Trustee), an Officer’s Certificate requesting that
      the Trustee give such notice and setting forth the information to be stated in such notice as provided in the preceding paragraph.

   

  In connection with any redemption of the Notes (including with the net cash proceeds of an
      Equity Offering), any such redemption may, at the Company’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of a sale of common stock or other corporate transaction (including any related Equity
      Offering). In addition, if such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice shall state that, in the Company’s discretion, the redemption date may be delayed until such time as any or all such
      conditions shall be satisfied, or such redemption may not occur and such notice may be rescinded in the event that any or all

   

  
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  such conditions shall not have been satisfied by the redemption date, or by the redemption date
      so delayed.

   

  Section 3.04          Effect of Notice of Redemption.

   

  Once notice of redemption is sent in accordance with Section 3.03 hereof, Notes called for
      redemption without condition will become irrevocably due and payable on the redemption date at the redemption price.

   

  Section 3.05          Deposit of Redemption or Purchase Price.

   

  One Business Day prior to the redemption or purchase date, the Company will deposit with the
      Trustee or with the Paying Agent money sufficient to pay the redemption or purchase price of and accrued interest, if any, on all Notes to be redeemed or purchased on that date. The Trustee or the Paying Agent will promptly return to the Company any
      money deposited with the Trustee or the Paying Agent by the Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest, if any, on all Notes to be redeemed or purchased.

   

  If the Company complies with the provisions of the preceding paragraph, on and after the
      redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment
      date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or
      purchase because of the failure of the Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not
      paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

   

  Section 3.06          Notes Redeemed or Purchased in Part.

   

  Upon surrender of a Note that is redeemed or purchased in part, the Company will issue and,
      upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Company a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered.

   

  Section 3.07          Optional Redemption.

   

  (a)           At any time prior to February 15, 2024, the Company may on any one or more
      occasions redeem up to 35% of the original aggregate principal amount of Notes issued under this Indenture (calculated after giving effect to any issuance of Additional Notes), upon not less than 30 nor more than 60 days’ notice, at a redemption
      price equal to 105.125% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the redemption date (subject to the rights of Holders of Notes on the relevant record date to receive interest on the relevant
      interest payment date), with an amount of cash no greater than the net cash proceeds of all Equity Offerings by the Company since the Issue Date; provided that:

   

  (1)           at least 65% (calculated after giving effect to any issuance of
      Additional Notes) of the original aggregate principal amount of Notes issued under this Indenture (excluding Notes

   

  
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  held by the Company and its Subsidiaries) remains outstanding immediately after the
      occurrence of such redemption; and

   

  (2)           the redemption occurs within 120 days of the date of the closing of
      such Equity Offering.

   

  (b)           At any time prior to February 15, 2024, the Company may on any one or more
      occasions redeem all or a part of the Notes, upon not less than 30 nor more than 60 days’ notice, at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid interest,
      if any, to the redemption date, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant interest payment date.

   

  (c)           Except pursuant to the preceding paragraphs, the Notes will not be redeemable
      at the Company’s option prior to February 15, 2024.

   

  (d)           On or after February 15, 2024, the Company may on any one or more occasions
      redeem all or a part of the Notes, upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on
      the Notes redeemed, to (but excluding) the applicable redemption date, if redeemed during the twelve-month period beginning on February 15 of the years indicated below, subject to the rights of Holders of Notes on the relevant record date to receive
      interest on the relevant interest payment date:

    

  

  	Year	Percentage
	2024	102.563%
	2025	101.281%
	2026 and thereafter	100.000%

  

    

  Unless the Company defaults in the payment of the redemption price, interest will cease to
      accrue on the Notes or portions thereof called for redemption on the applicable redemption date. The Company shall calculate the redemption price.

   

  (e)           Any redemption pursuant to this Section 3.07 shall be made pursuant to the
      provisions of Sections 3.01 through 3.06 hereof.

   

  Section 3.08          Mandatory Redemption.

   

  The Company is not required to make mandatory redemption or sinking fund payments with
      respect to the Notes.

   

  Section 3.09          Offer to Purchase by Application of Excess Proceeds.

   

  In the event that, pursuant to Section 4.10 hereof, the Company is required to commence an
      offer to all Holders to purchase Notes (an “Asset Sale Offer”), it will follow the procedures specified below.

   

  The Asset Sale Offer shall be made to all Holders of Notes and all holders of other
      Indebtedness that is pari passu with the Notes containing provisions similar to those set forth in this Indenture with respect to offers to purchase, prepay or redeem with the proceeds of sales of assets. The Asset Sale Offer will remain open
      for a period of at least 20 Business Days following its commencement and not more than 30 Business Days, except to the extent that a longer period is required by applicable law (the “Offer

   

  
    50 

    
      
 

  

   

  Period”). No later than three Business Days after the termination of the Offer Period (the
      “Purchase Date”), the Company will apply all Excess Proceeds (the “Offer Amount”) to the purchase of Notes and such other pari passu Indebtedness (on a pro rata basis based on the principal amount of Notes and such
      other pari passu Indebtedness surrendered, if applicable) or, if less than the Offer Amount has been tendered, all Notes and other Indebtedness tendered in response to the Asset Sale Offer. Payment for any Notes so purchased will be made in
      the same manner as interest payments are made.

   

  If the Purchase Date is on or after an interest record date and on or before the related
      interest payment date, any accrued and unpaid interest, if any, will be paid to the Person in whose name a Note is registered at the close of business on such record date, and no additional interest will be payable to Holders who tender Notes
      pursuant to the Asset Sale Offer.

   

  Upon the commencement of an Asset Sale Offer, the Company will send, by first-class mail, a
      notice to the Trustee and each of the Holders, with a copy to the Trustee. The notice will contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Asset Sale Offer. The notice, which will govern the
      terms of the Asset Sale Offer, will state:

   

  		(1)	that the Asset Sale Offer is being made pursuant to this Section 3.09 and Section 4.10 hereof and the length of time the
            Asset Sale Offer will remain open;

   

  		(2)	the Offer Amount, the purchase price and the Purchase Date;

   

  		(3)	that any Note not tendered or accepted for payment will continue to accrue interest;

   

  		(4)	that, unless the Company defaults in making such payment, any Note accepted for payment pursuant to the Asset Sale Offer
            will cease to accrue interest after the Purchase Date;

   

  		(5)	that Holders electing to have a Note purchased pursuant to an Asset Sale Offer may elect to have Notes purchased in
            denominations of $2,000 or an integral multiple of $1,000 in excess thereof;

   

  		(6)	that Holders electing to have Notes purchased pursuant to any Asset Sale Offer will be required to surrender the Note,
            with the form entitled “Option of Holder to Elect Purchase” attached to the Notes completed, or transfer by book-entry transfer, to the Company, a Depositary, if appointed by the Company, or a Paying Agent at the address specified in the notice
            at least three days before the Purchase Date;

   

  		(7)	that Holders will be entitled to withdraw their election if the Company, the Depositary or the Paying Agent, as the case
            may be, receives, not later than the expiration of the Offer Period, a telegram, telex, facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Note the Holder delivered for purchase and a statement
            that such Holder is withdrawing his election to have such Note purchased;

   

  		(8)	that, if the aggregate principal amount of Notes and other pari passu Indebtedness surrendered by holders thereof
            exceeds the Offer Amount, the Trustee will select the Notes and the applicable agent will select such other pari passu Indebtedness to be purchased on a pro rata basis based on the principal amount of Notes (or, in the case of
            Notes issued in global form, in accordance with the applicable procedures of DTC) and such other pari passu Indebtedness tendered or required to be prepaid or redeemed (with such adjustments as may be deemed appropriate by the Company

   

  
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  		 	so that only Notes in denominations of $2,000, or an integral multiple of $1,000 in excess thereof, will be purchased);
            and

   

  		(9)	that Holders whose Notes were purchased only in part will be issued new Notes equal in principal amount to the
            unpurchased portion of the Notes surrendered (or transferred by book-entry transfer).

   

  On or before the Purchase Date, the Company will, to the extent lawful, accept for payment,
      on a pro rata basis to the extent necessary, the Offer Amount of Notes or portions thereof tendered pursuant to the Asset Sale Offer, or if less than the Offer Amount has been tendered, all Notes tendered, and will deliver or cause to be
      delivered to the Trustee the Notes properly accepted together with an Officer’s Certificate stating that such Notes or portions thereof were accepted for payment by the Company in accordance with the terms of this Section 3.09. The Company, the
      Depositary or the Paying Agent, as the case may be, will promptly (but in any case not later than five days after the Purchase Date) mail or deliver to each tendering Holder an amount equal to the purchase price of the Notes tendered by such Holder
      and accepted by the Company for purchase, and the Company will promptly issue a new Note, and the Trustee, upon written request from the Company, will authenticate and mail or deliver (or cause to be transferred by book entry) such new Note to such
      Holder, in a principal amount equal to any unpurchased portion of the Note surrendered. Any Note not so accepted shall be promptly mailed or delivered by the Company to the Holder thereof. The Company will publicly announce the results of the Asset
      Sale Offer on the Purchase Date.

   

  Other than as specifically provided in this Section 3.09, any purchase pursuant to this
      Section 3.09 shall be made pursuant to the provisions of Sections 3.01 through 3.06 hereof.

   

  Article 4.

      COVENANTS

   

  Section 4.01         Payment of Notes.

   

  The Company will pay or cause to be paid the principal of, premium on, if any, and interest
      on, the Notes on the Business Day prior to the dates and in the manner provided in the Notes. Principal, premium, if any, and interest will be considered paid on the date due if the Paying Agent, if other than the Company or a Subsidiary thereof,
      holds as of 10:00 a.m. Eastern Time on the due date money deposited by the Company in immediately available funds and designated for and sufficient to pay all principal, premium, if any, and interest, if any, then due. .

   

  The Company will pay interest (including post-petition interest in any proceeding under any
      Bankruptcy Law) on overdue principal at a rate that is 1% higher than the then applicable interest rate on the Notes to the extent lawful; it will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue
      installments of interest (without regard to any applicable grace period), at the same rate to the extent lawful.

   

  Section 4.02         Maintenance of Office or Agency.

   

  The Company will maintain in the Borough of Manhattan, the City of New York, an office or
      agency (which may be an office of the Trustee or an affiliate of the Trustee, Registrar or co-registrar) where Notes may be surrendered for registration of transfer or for exchange and where notices and demands to or upon the Company in respect of
      the Notes and this Indenture may be served. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company fails to maintain any such required office or
      agency or

   

  
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  fails to furnish the Trustee with the address thereof, such presentations, surrenders, notices
      and demands may be made or served at the Corporate Trust Office of the Trustee.

   

  The Company may also from time to time designate one or more other offices or agencies where
      the Notes may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission will in any manner relieve the Company of its obligation to
      maintain an office or agency in the Borough of Manhattan, the City of New York for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other
      office or agency.

   

  The Company hereby designates the Corporate Trust Office of the Trustee as one such office or
      agency of the Company in accordance with Section 2.03 hereof.

   

  Section 4.03         Reports.

   

  (a)                Whether or not required by the rules and regulations of the SEC, so long
      as any Notes are outstanding, the Company will furnish to the Trustee and to the Holders of Notes (or file with the SEC for public availability), within the time periods specified in the SEC’s rules and regulations:

   

  (1)          all quarterly and annual reports that would be required to be filed
      with the SEC on Forms 10-Q and 10-K if the Company were required to file such reports, including a “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and, with respect to the annual information only, a report
      thereon by the Company’s certified independent accountants; and

   

  (2)          all current reports that would be required to be filed with the SEC on
      Form 8-K if the Company were required to file such reports.

   

  All such reports will be prepared in all material respects in accordance with all of the
      rules and regulations applicable to such reports. In addition, the Company will file a copy of each of the reports referred to in clauses (1) and (2) above with the SEC for public availability within the time periods specified in the rules and
      regulations applicable to such reports (unless the SEC will not accept such a filing) and will post the reports on its website within those time periods. The Company will comply with §314(a) of the TIA if the Indenture has been qualified under the
      TIA.

   

  If the Company is no longer subject to the periodic reporting requirements of the Exchange
      Act for any reason, the Company will nevertheless continue filing the reports specified in the preceding paragraphs with the SEC within the time periods specified above unless the SEC will not accept such a filing. The Company will not take any
      action for the purpose of causing the SEC not to accept any such filings. If, notwithstanding the foregoing, the SEC will not accept the Company’s filings for any reason, the Company will post the reports referred to in the preceding paragraphs on
      its website within the time periods that would apply if the Company were required to file those reports with the SEC.

   

  (b)          If the Company has designated any of its Subsidiaries as Unrestricted
      Subsidiaries, then the quarterly and annual financial information required by paragraph (a) of this Section 4.03 will include a reasonably detailed presentation, either on the face of the financial statements or in the footnotes thereto, and in
      “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” of the financial condition and results of operations of the Company and its Restricted

   

  
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  Subsidiaries separate from the financial condition and results of operations of the Unrestricted
      Subsidiaries of the Company.

   

  (c)           For so long as any Notes remain outstanding, if at any time they are not
      required to file with the SEC the reports required by paragraphs (a) and (b) of this Section 4.03, the Company and the Guarantors will furnish to the Holders and to securities analysts and prospective investors, upon their request, the information
      required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.

   

  (d)           Delivery of such reports, information and documents to the Trustee is for
      informational purposes only and the Trustee's receipt of such shall not constitute actual or constructive notice or knowledge of any information contained therein or determinable from information contained therein, including the Company's compliance
      with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on an Officer’s Certificate).

   

  Section 4.04         Compliance Certificate.

   

  (a)           The Company and each Guarantor (to the extent that such Guarantor is so
      required under the TIA) shall deliver to the Trustee, within 90 days after the end of each fiscal year, an Officer’s Certificate stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been
      made under the supervision of the signing Officers with a view to determining whether the Company has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such certificate,
      that to the best of his or her knowledge the Company has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms, provisions and conditions
      of this Indenture (or, if a Default or Event of Default has occurred, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the Company is taking or proposes to take with respect thereto) and that to
      the best of his or her knowledge no event has occurred and remains in existence by reason of which payments on account of the principal of, premium on, if any, or interest on the Notes is prohibited or if such event has occurred, a description of the
      event and what action the Company is taking or proposes to take with respect thereto.

   

  (b)               So long as not contrary to the then current recommendations of the American
      Institute of Certified Public Accountants, the year-end financial statements delivered pursuant to Section 4.03 above shall be accompanied by a written statement of the Company’s independent public accountants (who shall be a firm of established
      national reputation) that in making the examination necessary for certification of such financial statements, nothing has come to their attention that would lead them to believe that the Company has violated any provisions of Article 4 or Article 5
      hereof or, if any such violation has occurred, specifying the nature and period of existence thereof, it being understood that such accountants shall not be liable directly or indirectly to any Person for any failure to obtain knowledge of any such
      violation.

   

  (c)                So long as any of the Notes are outstanding, the Company will deliver to
      the Trustee, forthwith upon any Officer becoming aware of any Default or Event of Default, an Officers’ Certificate specifying such Default or Event of Default and what action the Company is taking or proposes to take with respect thereto.

   

  Section 4.05         Taxes.

   

  The Company will pay, and will cause each of its Subsidiaries to pay, prior to delinquency,
      all material taxes, assessments, and governmental levies except such as are contested in good faith and by

    

   

  
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  appropriate proceedings or where the failure to effect such payment is not adverse in any
      material respect to the Holders of the Notes.

   

  Section 4.06         Stay, Extension and Usury Laws.

   

  The Company and each of the Guarantors covenants (to the extent that it may lawfully do so)
      that it will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the
      performance of this Indenture; and the Company and each of the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will not, by resort to any such law, hinder,
      delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law has been enacted.

   

  Section 4.07         Restricted Payments.

   

  (a)           The Company will not, and will not permit any of its Restricted Subsidiaries
      to, directly or indirectly:

   

  (1)          declare or pay any dividend or make any other payment or distribution
      on account of the Company’s or any of its Restricted Subsidiaries’ Equity Interests (including, without limitation, any payment in connection with any merger or consolidation involving the Company or any of its Restricted Subsidiaries) or to the
      direct or indirect holders of the Company’s or any of its Restricted Subsidiaries’ Equity Interests in their capacity as such (other than dividends or distributions payable in Equity Interests (other than Disqualified Stock) of the Company and other
      than dividends or distributions payable to the Company or a Restricted Subsidiary of the Company);

   

  (2)           purchase, redeem or otherwise acquire or retire for value (including,
      without limitation, in connection with any merger or consolidation involving the Company) any Equity Interests of the Company or any direct or indirect parent of the Company;

   

  (3)           make any payment on or with respect to, or purchase, redeem, defease
      or otherwise acquire or retire for value any Indebtedness of the Company or any Guarantor that is contractually subordinated in right of payment to the Notes or to any Note Guarantee (excluding any intercompany Indebtedness between or among the
      Company and any of its Restricted Subsidiaries), except a payment of interest or principal at the Stated Maturity thereof; or

   

  (4)           make any Restricted Investment

   

  (all such payments and other actions set forth in these clauses (1) through (4) above being collectively referred
      to as “Restricted Payments”),

   

  unless, at the time of and after giving effect to such Restricted Payment:

   

  		(1)	no Default or Event of Default has occurred and is continuing or would occur as a consequence of such Restricted Payment;

   

  		(2)	the Company would, at the time of such Restricted Payment and after giving pro forma effect thereto as if such Restricted
            Payment had been made at the beginning of the applicable four-

   

  
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  		 	quarter period, have been permitted to incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge
            Coverage Ratio test set forth in Section 4.09(a) hereof; and

   

  		(3)	such Restricted Payment, together with the aggregate amount of all other Restricted Payments made by the Company and its
            Restricted Subsidiaries since April 1, 2013 (excluding Restricted Payments permitted by clauses (2), (3), (4), (5), (6), (7), (8), (9) (11), (13) and (14) of paragraph (b) of this Section 4.07), is less than the sum, without duplication, of:

   

  		(A)	50% of the Consolidated Net Income of the Company for the period (taken as one accounting period) from April 1, 2013 to
            the end of the Company’s most recently ended fiscal quarter for which internal financial statements are available at the time of such Restricted Payment (or, if such Consolidated Net Income for such period is a deficit, less 100% of such
            deficit); plus

   

  		(B)	100% of the aggregate net cash proceeds and the fair market value, as determined in good faith by the Board of Directors,
            of property and marketable securities received by the Company since April 1, 2013 as a contribution to its common equity capital or from the issue or sale of Qualifying Equity Interests of the Company (other than in a Permitted Warrant
            Transaction) or from the issue or sale of convertible or exchangeable Disqualified Stock of the Company or convertible or exchangeable debt securities of the Company, in each case that have been converted into or exchanged for Qualifying Equity
            Interests of the Company (other than Qualifying Equity Interests and convertible or exchangeable Disqualified Stock or debt securities sold to a Subsidiary of the Company); plus

   

  		(C)	to the extent that any Restricted Investment that was made after April 1, 2013 is (a) sold or otherwise cancelled,
            liquidated or repaid, or (b) made in an entity that subsequently becomes a Restricted Subsidiary of the Company, the initial amount of such Restricted Investment (or, if less, the amount of cash or the fair market value, as determined in good
            faith by the Board of Directors, of property and marketable securities, in each case received upon repayment or sale); plus

   

  		(D)	to the extent that any Unrestricted Subsidiary of the Company designated as such after the date of this Indenture is
            redesignated as a Restricted Subsidiary after the date of this Indenture, the lesser of (i) the Fair Market Value of the Company’s Restricted Investment in such Subsidiary as of the date of such redesignation or (ii) such Fair Market Value as
            of the date on which such Subsidiary was originally designated as an Unrestricted Subsidiary after the date of this Indenture; plus

   

  		(E)	100% of any dividends received in cash and the fair market value, as determined in good faith by the Board of Directors,
            of property and marketable securities received by the Company or a Restricted Subsidiary of the Company that is a Guarantor after the date of this Indenture from an Unrestricted Subsidiary of the

   

  
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  		 	Company, to the extent that such dividends were not otherwise included in the Consolidated Net Income of the Company for
            such period.

   

  (b)           The provisions of Section 4.07(a) hereof will not prohibit:

   

  (1)           the payment of any dividend or the consummation of any irrevocable
      redemption within 60 days after the date of declaration of the dividend or giving of the redemption notice, as the case may be, if at the date of declaration or notice, the dividend or redemption payment would have complied with the provisions of
      this Indenture;

   

  (2)          the making of any Restricted Payment in exchange for, or out of or
      with the net cash proceeds of the substantially concurrent sale (other than to a Subsidiary of the Company) of, Equity Interests of the Company (other than Disqualified Stock) or from the substantially concurrent contribution of common equity capital
      to the Company; provided that the amount of any such net cash proceeds that are utilized for any such Restricted Payment will not be considered to be net proceeds of Qualifying Equity Interests for purposes of Section 4.07(a)(3)(B) and will
      not be considered to be net cash proceeds from an Equity Offering for purposes of Section 3.07 of this Indenture;

   

  (3)           the payment of any dividend (or, in the case of any partnership or
      limited liability company, any similar distribution) by a Restricted Subsidiary of the Company to the holders of its Equity Interests on a pro rata basis;

   

  (4)          the repurchase, redemption, defeasance or other acquisition or
      retirement for value of Indebtedness of the Company or any Guarantor that is contractually subordinated in right of payment to the Notes or to any Note Guarantee with the net cash proceeds from a substantially concurrent incurrence of Permitted
      Refinancing Indebtedness;

   

  (5)          so long as no Default or Event of Default has occurred and is
      continuing, the repurchase, redemption or other acquisition or retirement for value of any Equity Interests of the Company or any Restricted Subsidiary of the Company held by any current or former officer, director, employee or consultant of the
      Company or any of its Restricted Subsidiaries, or to their estates or the beneficiaries of such estates, pursuant to any management equity plan or stock option plan, shareholders’ agreement or any other management or employee benefit plan or
      agreement or arrangement; provided that the aggregate price paid for all such repurchased, redeemed, acquired or retired Equity Interests may not exceed $15.0 million in any twelve-month period (with unused amounts in any twelve-month period
      being carried over to the next succeeding twelve-month period, but no further);

   

  (6)           the repurchase of Equity Interests deemed to occur upon the exercise
      of stock options to the extent such Equity Interests represent a portion of the exercise price of those stock options or withholding of Capital Stock to pay related withholding taxes with regard to the exercise of such stock options or the vesting of
      any such restricted stock, restricted stock units, deferred stock units, performance shares or other securities awarded pursuant to the Company’s equity incentive plans;

   

  (7)           so long as no Default or Event of Default has occurred and is
      continuing, the declaration and payment of regularly scheduled or accrued dividends to holders of any class or series of Disqualified Stock of the Company or any preferred stock of any Restricted Subsidiary

   

  
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  of the Company issued on or after the date of this Indenture in accordance with the
      Fixed Charge Coverage Ratio test described in Section 4.09(a) hereof;

   

  (8)           payments of cash, dividends, distributions, advances or other
      Restricted Payments by the Company or any of its Restricted Subsidiaries to allow the payment of cash in lieu of the issuance of fractional shares upon (i) the exercise of options or warrants or (ii) the conversion or exchange of Capital Stock of any
      such Person or (iii) the conversion or exchange of Convertible Indebtedness of such Person;

   

  (9)           the making of cash payments in connection with any conversion of
      Convertible Indebtedness in an aggregate amount since the date of this Indenture not to exceed the sum of (a) the principal amount of such Convertible Indebtedness plus (b) any payments received by the Company or any of its Restricted
      Subsidiaries pursuant to the exercise, settlement or termination of any related Permitted Bond Hedge Transaction;

   

  (10)        any payments in connection with a Permitted Bond Hedge Transaction and
      the settlement of any related Permitted Warrant Transaction (a) by delivery of shares of the Company’s common stock upon net share settlement thereof or (b) by (i) set-off against the related Permitted Bond Hedge Transaction and (ii) payment of an
      early termination amount thereof in common stock upon any early termination thereof;

   

  (11)        the repurchase, redemption or other acquisition or retirement for value
      of any Indebtedness that is contractually subordinated in right of payment to the Notes or to any Note Guarantee (a) at a purchase price not greater than 101% of the principal amount of such Indebtedness in the event of a Change of Control pursuant
      to provisions similar to Section 4.15 hereof or (b) at a purchase price not greater than 100% of the principal amount of such Indebtedness pursuant to provisions similar to Section 4.10 hereof; provided that all Notes tendered by Holders of
      the Notes in connection with the related Change of Control Offer or Asset Sale Offer, as applicable, have been repurchased, redeemed or acquired for value;

   

  (12)        so long as no Default or Event of
        Default has occurred and is continuing, the purchase of Equity Interests of the Company in an aggregate amount not to exceed $20.0 million in the aggregate for any consecutive twelve-month period; and

   

  (13)        so long as no Default or Event of Default has occurred and is
      continuing, other Restricted Payments in an aggregate amount, when taken together with all other Restricted Payments made pursuant to this clause (13) (as reduced by the amount of any cash dividends or distributions received from any Restricted
      Investment that constitutes a Restricted Payment made pursuant to this clause (13); provided that such dividends or distributions will be excluded for purposes of calculating the aggregate amount of Restricted Payments permitted to be made
      pursuant to Section 4.07(a) above) not to exceed $75.0 million since the date of this Indenture;

   

  (14)        payments or distributions to holders of the Equity Interests of the
      Company or any of its Restricted Subsidiaries pursuant to appraisal or dissenter rights required under applicable law or pursuant to a court order in connection with any merger, amalgamation,

   

  
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  arrangement, consolidation or sale, assignment, conveyance, transfer, lease or other
      disposition of assets; and

   

  (15)        the declaration and payment of dividends on, or purchases of, the
      Company’s common stock in an amount not to exceed $55.0 million in the aggregate for any consecutive twelve-month period.

   

  (c)           The amount of all Restricted Payments (other than cash) will be the Fair Market
      Value on the date of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued by the Company or such Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. The Fair Market Value of any assets
      or securities that are required to be valued by this Section 4.07 will be determined by the Board of Directors of the Company whose resolution with respect thereto will be delivered to the Trustee.

   

  (d)           For purposes of determining compliance with this Section 4.07, if a Restricted
      Payment meets the criteria or more than one of the exceptions described in clauses (1) through (15) of Section 4.07(b) or is entitled to be made according to Section 4.07(a), the Company may, in its sole discretion, classify the Restricted Payment in
      any manner that complies with this Section 4.07.

   

  Section 4.08         Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries.

   

  (a)           The Company will not, and will not permit any of its Restricted Subsidiaries
      to, directly or indirectly, create or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to:

   

  (1)           pay dividends or make any other distributions on its Capital Stock to
      the Company or any of its Restricted Subsidiaries, or with respect to any other interest or participation in, or measured by, its profits, or pay any indebtedness owed to the Company or any of its Restricted Subsidiaries (it being understood that the
      priority of any preferred stock in receiving dividends or liquidating distributions prior to dividends or liquidating distributions being paid on common stock shall not be deemed a restriction on the ability to make distributions on Capital Stock);

   

  (2)           make loans or advances to the Company or any of its Restricted
      Subsidiaries (it being understood that the subordination of loans or advances made to the Company or any Restricted Subsidiary to other Indebtedness incurred by the Company or any Restricted Subsidiary shall not be deemed a restriction on the ability
      to make loans or advances); or

   

  (3)          sell, lease or transfer any of its properties or assets to the Company
      or any of its Restricted Subsidiaries (it being understood that such transfers shall not include any type of transfer described in clauses (1) and (2) of this Section 4.08(a)).

   

  (b)           The restrictions in Section 4.08(a) hereof will not apply to encumbrances or
      restrictions existing under or by reason of:

   

  (1)          agreements governing Existing Indebtedness and Credit Facilities as in
      effect on the date of this Indenture and any amendments, restatements, modifications, renewals, supplements, refundings, replacements or refinancings of those agreements; provided that the amendments, restatements, modifications, renewals,
      supplements, refundings, replacements or refinancings, in the good faith judgment of the Company, (x) are not materially more restrictive,

   

  
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  taken as a whole, with respect to such dividend and other payment restrictions than
      those contained in those agreements on the date of this Indenture and (y) will not materially affect the Company’s ability to make anticipated principal and interest payments on the Notes when due;

   

  (2)          this Indenture, the Notes and the Note Guarantees;

   

  (3)           agreements governing other Indebtedness permitted to be incurred
      under Section 4.09 hereof and any amendments, restatements, modifications, renewals, supplements, refundings, replacements or refinancings of those agreements; provided that in the good faith judgment of the Company, such encumbrances and
      restrictions will not materially affect the Company’s ability to make anticipated principal and interest payments on the Notes when due;

   

  (4)           applicable law, rule, regulation or order;

   

  (5)          any instrument governing Indebtedness or Capital Stock of a Person
      acquired by the Company or any of its Restricted Subsidiaries as in effect at the time of such acquisition (except to the extent such Indebtedness or Capital Stock was incurred in connection with or in contemplation of such acquisition), which
      encumbrance or restriction is not applicable to any Person, or the properties or assets of any Person, other than the Person, or the property or assets of the Person, so acquired; provided that, in the case of Indebtedness, such Indebtedness
      was permitted by the terms of this Indenture to be incurred;

   

  (6)           customary non-assignment provisions in leases, subleases, licenses
      and other contracts entered into in the ordinary course of business;

   

  (7)           purchase money obligations for property acquired in the ordinary
      course of business and Capital Lease Obligations that impose restrictions on the property purchased or leased of the nature described in clause (3) of Section 4.08(a) hereof;

   

  (8)          any agreement for the sale or other disposition of all or a portion of
      the Capital Stock or assets of a Restricted Subsidiary that restricts distributions by that Restricted Subsidiary pending its sale or other disposition;

   

  (9)          Permitted Refinancing Indebtedness; provided that, in the
      good faith judgment of the Company, the encumbrances and restrictions contained in the agreements governing such Permitted Refinancing Indebtedness (x) are not materially more restrictive, taken as a whole, than those contained in the agreements
      governing the Indebtedness being refinanced and (y) will not materially affect the Company’s ability to make anticipated principal and interest payments on the Notes when due;

   

  (10)        Liens permitted to be incurred under the provisions of Section 4.12
      hereof that limit the right of the debtor to dispose of the assets subject to such Liens;

   

  (11)        provisions limiting the disposition or distribution of assets or
      property in joint venture agreements, asset sale agreements, sale-leaseback agreements, stock sale agreements and other similar agreements (including agreements entered into in connection with a Restricted

   

  
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  Investment), which limitation is applicable only to the assets or property that are the
      subject of such agreements;

   

  (12)        restrictions on cash or other deposits or net worth imposed by
      customers under contracts entered into in the ordinary course of business;

   

  (13)        reciprocal easements entered into in the ordinary course of business;
      and

   

  (14)        encumbrances or restrictions arising from a Deferred Revenue Financing
      Arrangement entered into subsequent to the Issue Date and provided that at the time of entering into, the Company in good faith believes that such encumbrance or restriction shall not adversely affect the Company’s ability to make principal and
      interest payments on the Notes in any material respect.

   

  Section 4.09         Incurrence of Indebtedness and Issuance of Preferred Stock.

   

  (a)                The Company will not, and will not permit any of its Restricted
      Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt),
      and the Company will not issue any Disqualified Stock and will not permit any of its Restricted Subsidiaries to issue any shares of preferred stock; provided, however, that the Company may incur Indebtedness (including Acquired Debt) or issue
      Disqualified Stock, and the Guarantors may incur Indebtedness (including Acquired Debt) or issue preferred stock, if the Fixed Charge Coverage Ratio for the Company’s most recently ended four full fiscal quarters for which internal financial
      statements are available immediately preceding the date on which such additional Indebtedness is incurred or such Disqualified Stock or such preferred stock is issued, as the case may be, would have been at least 2.0 to 1.0, determined on a pro forma
      basis (including a pro forma application of the net proceeds therefrom), as if the additional Indebtedness had been incurred or the Disqualified Stock or the preferred stock had been issued, as the case may be, at the beginning of such four-quarter
      period.

   

  (b)           The provisions of Section 4.09(a) hereof will not prohibit the incurrence of
      any of the following items of Indebtedness (collectively, “Permitted Debt”):

   

  (1)          the incurrence by the Company and any of its Restricted Subsidiaries
      of Indebtedness and letters of credit under Credit Facilities in an aggregate principal amount outstanding under this clause (1) (with letters of credit being deemed to have a principal amount equal to the maximum amount drawable thereunder) not to
      exceed, as of any date of incurrence, the greater of (x) $400.0 million and (y) 28.0% of Consolidated Total Assets as of such date of incurrence;.

   

  (2)          the incurrence by the Company and its Restricted Subsidiaries of the
      Existing Indebtedness;

   

  (3)           the incurrence by the Company and the Guarantors of Indebtedness
      represented by the Notes and the related Note Guarantees;

   

  (4)           the incurrence by the Company or any of its Restricted Subsidiaries
      of Indebtedness represented by Capital Lease Obligations, mortgage financings or purchase money obligations or the issuance of Disqualified Stock or preferred stock by the Company or any of its Restricted Subsidiaries, in each case, incurred or
      issued for the purpose of financing all or any part of the purchase price or cost of design, construction, installation or improvement of property,

   

  
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  plant or equipment used in the business of the Company or any of its Restricted
      Subsidiaries, in an aggregate principal amount outstanding, including all Permitted Refinancing Indebtedness, Disqualified Stock and preferred stock incurred or issued to renew, refund, refinance, replace, defease or discharge any Indebtedness,
      Disqualified Stock or preferred stock incurred or issued pursuant to this clause (4), not to exceed, as of any date of incurrence, the greater of (x) $125.0 million and (y) 8.5% of Consolidated Total Assets as of such date of incurrence;

   

  (5)           the incurrence by the Company or any of its Restricted Subsidiaries
      of Permitted Refinancing Indebtedness in exchange for, or the net proceeds of which are used to renew, refund, refinance, replace, defease or discharge any Indebtedness (other than intercompany Indebtedness) that was permitted by this Indenture to be
      incurred under Section 4.09(a) hereof or clauses (2), (3), (4), (5) or (15) of this Section 4.09(b);

   

  (6)           the incurrence by the Company or any of its Restricted Subsidiaries
      of intercompany Indebtedness between or among the Company and any of its Restricted Subsidiaries; provided, however, that:

   

  (A)       if the Company or any Guarantor is the obligor on such Indebtedness and the
      payee is not the Company or a Guarantor, such Indebtedness must be unsecured and expressly subordinated to the prior payment in full in cash of all Obligations then due with respect to the Notes, in the case of the Company, or the Note Guarantee, in
      the case of a Guarantor; and

   

  (B)       any subsequent issuance or transfer of Equity Interests that results in any
      such Indebtedness being held by a Person other than the Company or a Restricted Subsidiary of the Company and (2) any sale or other transfer of any such Indebtedness to a Person that is not either the Company or a Restricted Subsidiary of the
      Company,

   

  will be deemed, in each case, to constitute an incurrence of such Indebtedness by the Company or such
      Restricted Subsidiary, as the case may be, that was not permitted by this clause (6);

   

  (7)          the issuance by any of the Company’s Restricted Subsidiaries to the
      Company or to any of its Restricted Subsidiaries of shares of preferred stock; provided, however, that:

   

  (A)       any subsequent issuance or transfer of Equity Interests that results in any
      such preferred stock being held by a Person other than the Company or a Restricted Subsidiary of the Company; and

   

  (B)       any sale or other transfer of any such preferred stock to a Person that is
      not either the Company or a Restricted Subsidiary of the Company,

   

  will be deemed, in each case, to constitute an issuance of such preferred stock by such Restricted
      Subsidiary that was not permitted by this clause (7);

   

  (8)          the incurrence by the Company or any of its Restricted Subsidiaries of
      Indebtedness consisting of Hedging Obligations or Treasury Management Arrangements in the ordinary course of business;

   

  (9)           the guarantee by the Company or any of the Guarantors of, or
      obligations in respect of letters of credit relating to, Indebtedness of the Company or a Restricted Subsidiary of the Company to the extent that the guaranteed Indebtedness was permitted to be incurred by

   

  
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  another provision of this Section 4.09; provided that if the Indebtedness
      being guaranteed is subordinated to or pari passu with the Notes, then the Guarantee must be subordinated or pari passu, as applicable, to the same extent as the Indebtedness guaranteed;

   

  (10)        the incurrence by the Company or any of its Restricted Subsidiaries of
      Indebtedness in respect of workers’ compensation claims, health, disability or other employee benefits or property, casualty or liability insurance, self-insurance obligations, bankers’ acceptances, performance, bid, surety, appeal, reclamation,
      remediation and similar bonds, letters of credit and completion Guarantees (not for borrowed money) provided in the ordinary course of business;

   

  (11)        the incurrence by the Company or any of its Restricted Subsidiaries of
      Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or similar instrument inadvertently drawn against insufficient funds, so long as such Indebtedness is covered within five Business Days;

   

  (12)        (x) Indebtedness, Disqualified Stock or preferred stock of the Company
      or any of its Restricted Subsidiaries incurred or issued to finance an acquisition or (y) Indebtedness, Disqualified Stock or preferred stock of any Person incurred or issued and outstanding on or prior to the date on which such Person became a
      Restricted Subsidiary of the Company or was acquired by, or merged into or arranged or consolidated with the Company or any of its Restricted Subsidiaries; provided, however, that in the case of clause (x) and (y) on the date that
      such Person became a Restricted Subsidiary or such Person or assets were otherwise acquired by the Company, either: (a) the Company would have been able to incur $1.00 of additional Indebtedness pursuant to Section 4.09(a) hereof after giving effect
      to the incurrence or issuance of such Indebtedness, Disqualified Stock or preferred stock pursuant to this clause (12); or (b) the Fixed Charge Coverage Ratio of the Company and its Restricted Subsidiaries would have been greater than such ratio
      immediately prior to such acquisition, merger, arrangement or consolidation, in each case after giving effect to the incurrence or issuance of such Indebtedness, Disqualified Stock or preferred stock pursuant to this clause (12);

   

  (13)        Indebtedness consisting of unpaid insurance premiums owed to any Person
      providing property, casualty, liability or other insurance to the Company or any Restricted Subsidiary in any fiscal year, pursuant to reimbursement or indemnification obligations to such Person; provided that such Indebtedness is incurred
      only to defer the cost of such unpaid insurance premiums for such fiscal year and is outstanding only during such fiscal year;

   

  (14)         Indebtedness of the Company, to the extent the net proceeds thereof
      are substantially concurrently (a) used to purchase Notes tendered in connection with a Change of Control Offer or (b) deposited to defease the Notes pursuant to Articles 8 hereof or pursuant to Article 11 hereof;

   

  (15)        the incurrence by the Company or any of its Restricted Subsidiaries of
      additional Indebtedness in an aggregate principal amount (or accreted value, as applicable) outstanding, including all Permitted Refinancing Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness incurred
      pursuant to this clause (15), not to exceed, as of any date of incurrence, the greater of (x) $150.0 million and (y) 10.5% of Consolidated Total Assets as of such date of incurrence; and

   

  (16)           the incurrence of Indebtedness by any Restricted Subsidiary of the
      Company that is not a Guarantor in an aggregate principal amount (or accreted value, as applicable) outstanding

   

  
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  pursuant to this clause (16), not to exceed, as of any date of incurrence, the greater
      of (x) $50.0 million and (y) 3.5% of Consolidated Total Assets.

   

  The Company will not incur, and will not permit any Guarantor to incur, any Indebtedness
      (including Permitted Debt) that is contractually subordinated in right of payment to any other Indebtedness of the Company or such Guarantor unless such Indebtedness will be contractually subordinated in right of payment to the Notes and the
      applicable Note Guarantee to at least the same extent as such other Indebtedness; provided, however, that no Indebtedness will be deemed to be contractually subordinated in right of payment to any other Indebtedness of the Company solely by
      virtue of being unsecured or by virtue of being secured on a junior priority basis.

   

  For purposes of determining compliance with this Section 4.09, in the event that an item of
      Indebtedness meets the criteria of more than one of the categories of Permitted Debt described in clauses (1) through (16) above, or is entitled to be incurred pursuant to Section 4.09(a) hereof, the Company will be permitted to classify such item of
      Indebtedness on the date of its incurrence, or later reclassify all or a portion of such item of Indebtedness, in any manner that complies with this Section 4.09. The accrual of interest or preferred stock dividends, the accretion or amortization of
      original issue discount, the payment of interest on any Indebtedness in the form of additional Indebtedness with the same terms, the reclassification of preferred stock as Indebtedness due to a change in accounting principles, and the payment of
      dividends on preferred stock or Disqualified Stock in the form of additional shares of the same class of preferred stock or Disqualified Stock will not be deemed to be an incurrence of Indebtedness or an issuance of preferred stock or Disqualified
      Stock for purposes of this Section 4.09 or Section 4.12; provided, in each such case, that the amount thereof is included in Fixed Charges of the Company as accrued. For purposes of determining compliance with any U.S. dollar-denominated
      restriction on the incurrence of Indebtedness, the U.S. dollar-equivalent principal amount of Indebtedness denominated in a foreign currency shall be utilized, calculated based on the relevant currency exchange rate in effect on the date such
      Indebtedness was incurred. Notwithstanding any other provision of this Section 4.09, the maximum amount of Indebtedness that the Company or any Restricted Subsidiary may incur pursuant to this Section 4.09 shall not be deemed to be exceeded solely as
      a result of fluctuations in exchange rates or currency values.

   

  Notwithstanding clause (12) of Section 4.09(b) or clause (32) of the definition of “Permitted
      Liens”, in connection with any Limited Condition Acquisition, at the option of the Company by internal documentation, any Indebtedness and/or Lien incurred to finance such Limited Condition Acquisition shall be deemed to have been incurred on the
      date the definitive acquisition agreement relating to such Limited Condition Acquisition was entered into (and not at the time such Limited Condition Acquisition is consummated) and the Fixed Charge Coverage Ratio and the Consolidated Secured
      Leverage Ratio, as applicable, shall be tested (x) in connection with such incurrence, as of the date the definitive acquisition agreement relating to such Limited Condition Acquisition was entered into, giving pro forma effect to such Limited
      Condition Acquisition, to any such Indebtedness or Lien, and to all transactions in connection therewith in a manner consistent with the pro forma adjustment provisions set forth in the definition of “Fixed Charge Coverage Ratio” and (y) in
      connection with any other incurrence of any Indebtedness or Lien after the date the definitive acquisition agreement relating to such Limited Condition Acquisition was entered into and prior to the earlier of the consummation of such Limited
      Condition Acquisition and the termination of such definitive agreement, both (i) on the basis set forth in clause (x) above and (ii) without giving effect to such Limited Condition Acquisition or the incurrence of any

   

  
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  Indebtedness or Lien incurred to finance such Limited Condition Acquisition or the other
      transactions in connection therewith.

   

  The amount of any Indebtedness outstanding as of any date will be:

   

  		(1)	the accreted value of the Indebtedness, in the case of any Indebtedness issued with original issue discount;

   

  		(2)	the principal amount of the Indebtedness, in the case of any other Indebtedness; and

   

  		(3)	in respect of Indebtedness of another Person secured by a Lien on the assets of the specified Person, the lesser of:

   

  		(A)	the Fair Market Value of such assets at the date of determination; and

   

  		(B)	the amount of the Indebtedness of the other Person.

   

  Section 4.10         Asset Sales.

   

  (a)           The Company will not, and will not permit any of its Restricted Subsidiaries
      to, consummate an Asset Sale unless:

   

  (1)          the Company (or the Restricted Subsidiary, as the case may be)
      receives consideration at the time of the Asset Sale at least equal to the Fair Market Value (measured as of the date of the definitive agreement with respect to such Asset Sale) of the assets or Equity Interests issued or sold or otherwise disposed
      of; and

   

  (2)          at least 75% of the consideration received in the Asset Sale by the
      Company or such Restricted Subsidiary is in the form of cash or Cash Equivalents, provided that this requirement shall not apply to an Asset Sale in respect of non-operating mining assets. For purposes of this provision, each of the following will be
      deemed to be cash:

   

  (A)       any liabilities, as shown on the Company’s most recent consolidated balance
      sheet, of the Company or any Restricted Subsidiary (other than contingent liabilities and liabilities that are by their terms subordinated to the Notes or any Note Guarantee) that are assumed by the transferee of any such assets pursuant to a
      customary novation or indemnity agreement that releases the Company or such Restricted Subsidiary from or indemnifies against further liability;

   

  (B)       any securities, notes or other obligations received by the Company or any
      such Restricted Subsidiary from such transferee that are contemporaneously, subject to ordinary settlement periods, converted by the Company or such Restricted Subsidiary into cash, to the extent of the cash received in that conversion; 

   

  (C)       any Designated Non-cash Consideration received by the Company or any of its
      Restricted Subsidiaries in such Asset Sale having an aggregate Fair Market Value, taken together with all other Designated Non-cash Consideration received pursuant to this clause (C) that is at that time outstanding, not to exceed the greater of (x)
      $75.0 million and (y) 5.00% of Consolidated Total Assets at the time of the receipt of such Designated Non-cash Consideration (with the Fair Market Value of each item of

   

  
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  Designated Non-cash Consideration being measured at the time received and without giving
      effect to subsequent changes in value); and

   

  (D)       any stock or assets of the kind referred to in clauses (3) or (5) of the
      next paragraph of this Section 4.10.

   

  (b)           Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the
      Company (or the applicable Restricted Subsidiary, as the case may be) may apply such Net Proceeds:

   

  (1)          to repay Indebtedness that is secured by a Lien;

   

  (2)          to repay Obligations under other Indebtedness (other than Disqualified
      Stock or subordinated Indebtedness), other than Indebtedness owed to the Company or an Affiliate of the Company; provided that the Company shall equally and ratably reduce the Obligations under the Notes as provided under Section 3.07 hereof,
      through open market purchases (to the extent such purchases are at or above 100% of the principal amount thereof) or by making an offer (in accordance with the procedures set forth below for an Asset Sale Offer) to all Holders to purchase their Notes
      at 100% of the principal amount thereof, plus the amount of accrued but unpaid interest, if any, on the amount of the Notes that would otherwise be prepaid;

   

  (3)          to acquire all or substantially all of the assets of, or any Capital
      Stock of, another Permitted Business, if, after giving effect to any such acquisition of Capital Stock, the Permitted Business is or becomes a Restricted Subsidiary of the Company;

   

  (4)          to make a capital expenditure;

   

  (5)           to acquire other assets that are not classified as current assets
      under U.S. GAAP and that are used or useful in a Permitted Business; or

   

  (6)           any combination of the foregoing;

   

  provided that, in the case of clauses (3) and (5) above, a binding commitment shall be treated as a
      permitted application of the Net Proceeds from the date of such commitment so long as the Company or such Restricted Subsidiary enters into such commitment with the good faith expectation that such Net Proceeds will be applied to satisfy such
      commitment within 180 days of the date thereof; provided that if any commitment is later canceled or terminated for any reason before such Net Proceeds are applied, then such Net Proceeds shall constitute Excess Proceeds from and after the
      date of such cancelation or termination.

   

  Pending the final application of any Net Proceeds, the Company (or the applicable Restricted
      Subsidiary) may temporarily reduce revolving credit borrowings or otherwise invest the Net Proceeds in any manner that is not prohibited by this Indenture.

   

  (c)           Any Net Proceeds from Asset Sales that are not applied or invested as provided
      in Section 4.10(b) hereof will constitute “Excess Proceeds.” When the aggregate amount of Excess Proceeds exceeds $50.0 million, within five days thereof, the Company will make an Asset Sale Offer to all Holders of Notes and all holders of
      other Indebtedness that is pari passu with the Notes containing provisions similar to those set forth in this Indenture with respect to offers to purchase, prepay or redeem with the proceeds of sales of assets in accordance with Section 3.09
      hereof to purchase, prepay or redeem the maximum principal amount of Notes and such other pari passu Indebtedness (plus all accrued interest on the Indebtedness and the amount of all fees and expenses, including premiums, incurred in
      connection

   

  
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  therewith) that may be purchased, prepaid or redeemed out of the Excess Proceeds. The offer price
      in any Asset Sale Offer will be equal to 100% of the principal amount, plus accrued and unpaid interest, if any, to (but excluding) the date of purchase, prepayment or redemption, subject to the rights of Holders of Notes on the relevant record date
      to receive interest due on the relevant interest payment date, and will be payable in cash. If any Excess Proceeds remain after consummation of an Asset Sale Offer, the Company may use those Excess Proceeds for any purpose not otherwise prohibited by
      this Indenture. If the aggregate principal amount of Notes and other pari passu Indebtedness tendered in (or required to be prepaid or redeemed in connection with) such Asset Sale Offer exceeds the amount of Excess Proceeds, the Trustee will
      select the Notes and the applicable agent shall select such other pari passu Indebtedness to be purchased on a pro rata basis (or, in the case of Notes issued in global form, in accordance with the applicable procedures of DTC), based
      on the amounts tendered or required to be prepaid or redeemed (with such adjustments as may be deemed appropriate by the Company so that only Notes in denominations of $2,000, or an integral multiple of $1,000 in excess thereof, will be purchased).
      Upon completion of each Asset Sale Offer, the amount of Excess Proceeds will be reset at zero.

   

  (d)           The Company will comply with the requirements of Rule 14e-1 under the Exchange
      Act and any other securities laws and regulations thereunder to the extent such laws or regulations are applicable in connection with the repurchase of Notes pursuant to an Asset Sale Offer. Notwithstanding anything to the contrary herein, to the
      extent that the provisions of any securities laws or regulations conflict with the provisions of this Indenture, the Company will comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations
      under this Indenture by virtue thereof.

   

  Section 4.11         Transactions with Affiliates.

   

  (a)           The Company will not, and will not permit any of its Restricted Subsidiaries
      to, make any payment to or sell, lease, transfer or otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding, loan, advance or
      guarantee with, or for the benefit of, any Affiliate of the Company (each, an “Affiliate Transaction”) involving aggregate payments or consideration in excess of $20.0 million, unless:

   

  (1)          the Affiliate Transaction is on terms that are no less favorable to
      the Company or the relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction by the Company or such Restricted Subsidiary with an unrelated Person; and

   

  (2)           the Company delivers to the Trustee with respect to any Affiliate
      Transaction or series of related Affiliate Transactions involving aggregate consideration in excess of $30.0 million, a resolution of the Board of Directors of the Company set forth in an Officer’s Certificate certifying that such Affiliate
      Transaction complies with this Section 4.11 and that such Affiliate

   

  
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  Transaction has been approved by a majority of the disinterested members of the Board
      of Directors of the Company.

   

  (b)           The following items will be deemed not to be Affiliate Transactions and,
      therefore, will not be subject to the provisions of Section 4.11(a) hereof:

   

  (1)          any employment agreement, employee benefit plan, officer or director
      indemnification agreement or any similar arrangement entered into by the Company or any of its Restricted Subsidiaries in the ordinary course of business and payments pursuant thereto;

   

  (2)           transactions between or among the Company and/or its Restricted
      Subsidiaries;

   

  (3)           transactions with a Person (other than an Unrestricted Subsidiary of
      the Company) that is an Affiliate of the Company solely because the Company owns, directly or through a Restricted Subsidiary, an Equity Interest in, or controls, such Person;

   

  (4)           payment of reasonable and customary fees and reimbursements of
      expenses (pursuant to indemnity arrangements or otherwise) of officers, directors, employees or consultants of the Company or any of its Restricted Subsidiaries;

   

  (5)         any issuance of Equity Interests (other than Disqualified Stock) of the
      Company to Affiliates of the Company;

   

  (6)          Restricted Payments that do not violate Section 4.07 hereof and
      Permitted Investments;

   

  (7)          any agreement as in effect as of the Issue Date, as these agreements
      may be amended, modified, supplemented, extended or renewed from time to time, so long as any such amendment, modification, supplement, extension or renewal is not more disadvantageous to the Holders of Notes in any material respect than the terms of
      the agreements in effect on the Issue Date;

   

  (8)         any agreement between any Person and an Affiliate of such Person
      existing at the time such Person is acquired by, merged into or amalgamated, arranged or consolidated with the Company or any of its Restricted Subsidiaries; provided that such agreement was not entered into in contemplation of such
      acquisition, merger, amalgamation, arrangement or consolidation and any amendment thereto (so long as any such amendment is not more disadvantageous to the Holders of Notes in any material respect than the applicable agreement as in effect on the
      date of such acquisition, merger, amalgamation, arrangement or consolidation);

   

  (9)           transactions between the Company or any of its Restricted
      Subsidiaries and any Person that is an Affiliate solely because one or more of its directors is also a director of the Company or any of its Restricted Subsidiaries; provided that such director abstains from voting as a director of the
      Company or such Restricted Subsidiary, as the case may be, on any matter involving such other Person; and

   

  (10)        any transaction or series of related transactions for which the Company
      or any of its Restricted Subsidiaries delivers to the Trustee an opinion as to the fairness to the Company or the applicable Restricted Subsidiary of such transaction or series of related transactions from a

   

  
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  financial point of view issued by an accounting, appraisal or investment banking firm
      of national recognized standing qualified to perform the task for which it has been engaged.

   

  Section 4.12          Liens.

   

  The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or
      indirectly, create, incur, assume or suffer to exist any Lien of any kind securing Indebtedness on any asset now owned or hereafter acquired, except Permitted Liens, unless contemporaneously therewith:

   

  (1)               in the case of any Lien securing an obligation that ranks pari
        passu with the Notes or a Note Guarantee, effective provision is made to secure the Notes or such Note Guarantee, as the case may be, at least equally and ratably with or prior to such obligation with a Lien on the same assets of the Company
      or such Restricted Subsidiary, as the case may be; and

   

  (2)               in the case of any Lien securing Indebtedness subordinated in
      right of payment to the Notes or a Note Guarantee, effective provision is made to secure the Notes or such Note Guarantee, as the case may be, with a Lien on the same assets of the Company or such Restricted Subsidiary, as the case may be, that is
      prior to the Lien securing such subordinated Indebtedness.

   

  Section 4.13         Business Activities.

   

  The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in
      any business other than Permitted Businesses, except to such extent as would not be material to the Company and its Restricted Subsidiaries taken as a whole.

   

  Section 4.14         Corporate Existence.

   

  Subject to Article 5 hereof, the Company shall do or cause to be done all things necessary to
      preserve and keep in full force and effect:

   

  (1)           its corporate existence, and the corporate, partnership or other
      existence of each of its Subsidiaries, in accordance with the respective organizational documents (as the same may be amended from time to time) of the Company or any such Subsidiary; and

   

  (2)          the rights (charter and statutory), licenses and franchises of the
      Company and its Subsidiaries; provided, however, that the Company shall not be required to preserve any such right, license or franchise, or the corporate, partnership or other existence of any of its Subsidiaries, if the Company shall
      determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries, taken as a whole, and that the loss thereof is not adverse in any material respect to the Holders of the Notes.

   

  Section 4.15         Offer to Repurchase Upon Change of Control.

   

  (a)           Upon the occurrence of a Change of Control, the Company will make an offer (a
      “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s Notes at a purchase price in cash equal to 101% of the aggregate principal amount of Notes
      repurchased, plus accrued and unpaid interest, if any, on the Notes repurchased to (but excluding) the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant interest payment
      date (the “Change of Control

   

  
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  Payment”). No later than 30 days following any Change of Control, the Company will send a notice
      to each Holder describing the transaction or transactions that constitute the Change of Control and stating:

   

  (1)           that the Change of Control Offer is being made pursuant to this
      Section 4.15 and that all Notes tendered will be accepted for payment;

   

  (2)         the purchase price and the purchase date, which shall be no earlier
      than 30 days and no later than 60 days from the date such notice is sent (the “Change of Control Payment Date”);

   

  (3)          that any Note not tendered will continue to accrue interest;

   

  (4)          that, unless the Company defaults in the payment of the Change of
      Control Payment, all Notes accepted for payment pursuant to the Change of Control Offer will cease to accrue interest after the Change of Control Payment Date;

   

  (5)           that Holders electing to have any Notes purchased pursuant to a
      Change of Control Offer will be required to surrender the Notes, with the form entitled “Option of Holder to Elect Purchase” attached to the Notes completed, or transfer by book-entry transfer, to the Paying Agent at the address specified in the
      notice prior to the close of business on the third Business Day preceding the Change of Control Payment Date;

   

  (6)          that Holders will be entitled to withdraw their election if the Paying
      Agent receives, not later than the close of business on the second Business Day preceding the Change of Control Payment Date, a telegram, telex, facsimile transmission or letter setting forth the name of the Holder, the principal amount of Notes
      delivered for purchase, and a statement that such Holder is withdrawing his election to have the Notes purchased; and

   

  (7)          that Holders whose Notes are being purchased only in part will be
      issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered, which unpurchased portion must be equal to $2,000 in principal amount or an integral multiple of $1,000 in excess thereof. In connection with the tender
      of any Notes with respect to a Change of Control, the tendering Holder of Notes shall provide good title to the Notes, free and clear of all liens and encumbrances, and shall represent and warrant that such Holder of Notes is presenting good title,
      free and clear of all Liens and encumbrances, and such other representations and warranties as are customary.

   

  The Company will comply with the requirements of Rule 14e-1 under the Exchange Act
      and any other securities laws and regulations thereunder to the extent such laws or regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control. Notwithstanding anything to the contrary herein, to the
      extent that the provisions of any securities laws or regulations conflict with the provisions of this Section 4.15, the Company shall comply

   

  
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  with the applicable securities laws and regulations and will not be deemed to have
      breached its obligations under this Section 4.15 by virtue of such compliance.

   

  (b)           On the Change of Control Payment Date, the Company will, to the extent lawful:

   

  (1)          accept for payment all Notes or portions of Notes properly tendered
      pursuant to the Change of Control Offer;

   

  (2)          deposit with the Paying Agent an amount equal to the Change of Control
      Payment in respect of all Notes or portions of Notes properly tendered; and

   

  (3)          deliver or cause to be delivered to the Trustee the Notes properly
      accepted together with an Officer’s Certificate stating the aggregate principal amount of Notes or portions of Notes being purchased by the Company.

   

  The Paying Agent will promptly mail or wire transfer (but in any case not later than five
      days after the Change of Control Payment Date) to each Holder of Notes properly tendered the Change of Control Payment for such Notes, and the Trustee will promptly authenticate and mail (or cause to be transferred by book entry) to each Holder a new
      Note equal in principal amount to any unpurchased portion of the Notes surrendered, if any. The Company will publicly announce the results of the Change of Control Offer on or as soon as practicable after the Change of Control Payment Date.

   

  (c)           Notwithstanding anything to the contrary in this Section 4.15, the Company will
      not be required to make a Change of Control Offer upon a Change of Control if (1) a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Section 4.15 and
      purchases all Notes properly tendered and not withdrawn under the Change of Control Offer, or (2) notice of redemption has been given pursuant to Section 3.07 hereof, unless and until there is a default in payment of the applicable redemption price.

   

  (d)           Notwithstanding anything to the contrary contained herein, a Change of Control
      Offer may be made in advance of a Change of Control, and conditioned upon the consummation of such Change of Control, if a definitive agreement is in place for the Change of Control at the time the Change of Control Offer is made.

   

  (e)           If Holders of not less than 90% in aggregate principal amount of the
      outstanding Notes validly tender and do not withdraw such Notes in a Change of Control Offer and the Company, or any third party making a Change of Control Offer in lieu of the Company as pursuant to Section 4.15(c) hereof, purchases all of the Notes
      validly tendered and not withdrawn by such Holders, the Company or such third party will have the right, upon not less than 30 nor more than 60 days’ prior notice, given not more than 30 days following such purchase pursuant to the Change of Control
      Offer pursuant to this Section 4.15, to redeem all Notes that remain outstanding following such purchase at a price in cash equal to the applicable Change of Control Payment plus, to the extent not included in the Change of Control Payment, accrued
      and unpaid interest thereon to (but excluding) the redemption date.

   

  Section 4.16         Additional Note Guarantees.

   

  The Company will cause each of its Restricted Subsidiaries that is not a Guarantor and that
      guarantees any Indebtedness of the Company, on the Issue Date or any time thereafter, which such Indebtedness exceeds $20.0 million in aggregate principal amount, to become a Guarantor by executing a supplemental indenture and delivering an Opinion
      of Counsel reasonably satisfactory to the Trustee within 30 days thereafter to the effect that such supplemental indenture has been duly authorized,

   

  
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  executed and delivered by that Restricted Subsidiary and constitutes a valid and binding
      agreement of that Restricted Subsidiary, enforceable in accordance with its terms (subject to customary exceptions). The form of such supplemental indenture is attached as Exhibit F hereto.

   

  Section 4.17         Designation of Restricted and Unrestricted Subsidiaries.

   

  The Board of Directors of the Company may designate any Restricted Subsidiary to be an
      Unrestricted Subsidiary if that designation would not cause a Default. If a Restricted Subsidiary is designated as an Unrestricted Subsidiary, the aggregate Fair Market Value of all outstanding Investments owned by the Company and its Restricted
      Subsidiaries in the Subsidiary designated as Unrestricted will be deemed to be an Investment made as of the time of the designation and will reduce the amount available for Restricted Payments under Section 4.07 hereof or under one or more clauses of
      the definition of Permitted Investments, as determined by the Company. That designation will only be permitted if the Investment would be permitted at that time and if the Restricted Subsidiary otherwise meets the definition of an Unrestricted
      Subsidiary. The Board of Directors of the Company may redesignate any Unrestricted Subsidiary to be a Restricted Subsidiary if that redesignation would not cause a Default.

   

  Any designation of a Subsidiary of the Company as an Unrestricted Subsidiary will be
      evidenced to the Trustee by filing with the Trustee a certified copy of a resolution of the Board of Directors of the Company giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the preceding
      conditions and was permitted by Section 4.07 hereof. If, at any time, any Unrestricted Subsidiary would fail to meet the preceding requirements as an Unrestricted Subsidiary, it will thereafter cease to be an Unrestricted Subsidiary for purposes of
      this Indenture and any Indebtedness of such Subsidiary will be deemed to be incurred by a Restricted Subsidiary of the Company as of such date and, if such Indebtedness is not permitted to be incurred as of such date under Section 4.09 hereof, the
      Company will be in default of such covenant. The Board of Directors of the Company may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary of the Company; provided that such designation will be deemed to be an
      incurrence of Indebtedness by a Restricted Subsidiary of the Company of any outstanding Indebtedness of such Unrestricted Subsidiary, and such designation will only be permitted if (1) such Indebtedness is permitted under Section 4.09 hereof,
      calculated on a pro forma basis as if such designation had occurred at the beginning of the applicable reference period; and (2) no Default or Event of Default would be in existence following such designation.

   

  Section 4.18         Changes in Covenants When Notes Rated Investment Grade

   

  (a)           If on any date following the date of this Indenture:

   

  (1)          the Notes are rated Baa3 or better by Moody’s and BBB- or better by
      S&P (or, if either such entity ceases to rate the Notes for reasons outside of the control of the Company, the equivalent investment grade credit rating from any other “nationally recognized statistical rating

   

  
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  organization” within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act selected by
      the Company as a replacement agency); and

   

  (2)           no Default or Event of Default shall have occurred and be continuing,

   

  then, beginning on that day and subject to the provisions of Section 4.18(c), the covenants contained in Sections
      4.07, 4.08, 4.09, 4.10, 4.11, 4.16 and 5.01(4) of this Indenture will be suspended.

   

  (b)          During any period that the foregoing covenants have been suspended, the
      Company’s Board of Directors may not designate any of its Subsidiaries as Unrestricted Subsidiaries pursuant to Section 4.17 hereof or the definition of “Unrestricted Subsidiary.”

   

  (c)           Notwithstanding the foregoing, if the rating assigned by either such rating
      agency should subsequently decline to below Baa3 or BBB-, respectively, the covenants specified in Section 4.18(a) will be reinstituted as of and from the date of such rating decline (the “Reinstatement Date”). Calculations under the
      reinstated Section 4.07 hereof will be made as if Section 4.07 hereof had been in effect since the date of this Indenture except that no Default or Event of Default will be deemed to have occurred solely by reason of a Restricted Payment made while
      that covenant was suspended or for any other failure to comply with any suspended covenants during a period when the covenants were suspended (a “Suspension Period”). Notwithstanding the foregoing, the continued existence after any
      reinstitution of the foregoing covenants of obligations arising from transactions that occurred during a Suspension Period shall not constitute a breach of any covenant set forth in this Indenture or cause an Event of Default hereunder.

   

  (d)               On the Reinstatement Date, all Indebtedness incurred during a Suspension
      Period will be classified to have been incurred or issued pursuant to Section 4.09(a) hereof or one of the clauses of Section 4.09(b) hereof (in each case to the extent such Indebtedness would be permitted to be incurred thereunder as of the
      Reinstatement Date and after giving effect to Indebtedness incurred prior to the Suspension Period and outstanding on the Reinstatement Date). To the extent such Indebtedness would not be so permitted to be incurred pursuant to Section 4.09(a) hereof
      or Section 4.09(b) hereof such Indebtedness will be deemed to have been outstanding on the Issue Date, so that it is classified as Existing Indebtedness under Section 4.09(b)(2) hereof.

   

  The Trustee shall not be responsible for monitoring, or charged with knowledge of, the
      ratings of the Notes. At the commencement of any Suspension Period and upon the occurrence of any Reinstatement Date, the Company shall deliver notice thereof to the Trustee in the form of an Officer’s Certificate, pursuant to this Section 4.18.

   

  Article 5.

      SUCCESSORS

   

  Section 5.01         Merger, Consolidation or Sale of Assets.

   

  The Company shall not, directly or indirectly: (1) consolidate or merge with or into another
      Person (whether or not the Company is the surviving corporation), or (2) sell, assign, transfer, convey or

   

  
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  otherwise dispose of all or substantially all of the properties or assets of the Company and its
      Restricted Subsidiaries taken as a whole, in one or more related transactions, to another Person, unless:

   

  (1)          either:

   

  (A)       the Company is the surviving corporation; or

   

  (B)       the Person formed by or surviving any such consolidation or merger (if
      other than the Company) or to which such sale, assignment, transfer, conveyance or other disposition has been made is an entity organized or existing under the laws of the United States, any state of the United States or the District of Columbia;
      and, if such entity is not a corporation, a co-obligor of the Notes is a corporation organized or existing under any such laws;

   

  (2)          the Person formed by or surviving any such consolidation or merger (if
      other than the Company) or the Person to which such sale, assignment, transfer, conveyance or other disposition has been made assumes all the obligations of the Company under the Notes and this Indenture pursuant to agreements reasonably satisfactory
      to the Trustee;

   

  (3)          immediately after such transaction, no Default or Event of Default
      exists;

   

  (4)          the Company or the Person formed by or surviving any such
      consolidation or merger (if other than the Company), or to which such sale, assignment, transfer, conveyance or other disposition has been made would, on the date of such transaction after giving pro forma effect thereto and any related financing
      transactions as if the same had occurred at the beginning of the applicable four-quarter period (i) be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth in Section 4.09(a) hereof
      or (ii) have had a Fixed Charge Coverage Ratio greater than the actual Fixed Charge Coverage Ratio for the Company for such four-quarter period; and

   

  (5)          the Company has delivered to the Trustee an Officer’s Certificate and
      an opinion of counsel, each stating that any such event complies with the foregoing.

   

  In addition, the Company will not, directly or indirectly, lease all or substantially all of
      the properties and assets of it and its Restricted Subsidiaries taken as a whole, in one or more related transactions, to any other Person.

   

  This Section 5.01 will not apply to any sale, assignment, transfer, conveyance, lease or
      other disposition of assets between or among the Company and any one or more of its Restricted Subsidiaries or between or among any one or more of the Company’s Restricted Subsidiaries. Clauses (3) and (4) of this Section 5.01 will not apply to (a)
      any merger or consolidation of the Company with or into one of its Restricted Subsidiaries for any purpose or (b) with or into an Affiliate solely for the purpose of reincorporating the Company in another jurisdiction.

   

  Section 5.02         Successor Corporation Substituted.

   

  Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or
      other disposition of all or substantially all of the properties or assets of the Company in a transaction that is subject to, and that complies with the provisions of, Section 5.01 hereof, the successor Person formed by such consolidation or into or
      with which the Company is merged or to which such sale, assignment, transfer, lease, conveyance or other disposition is made shall succeed to, and be substituted for (so that

   

  
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  from and after the date of such consolidation, merger, sale, assignment, transfer, lease,
      conveyance or other disposition, the provisions of this Indenture referring to the “Company” shall refer instead to the successor Person and not to the Company), and may exercise every right and power of the Company under this Indenture with the same
      effect as if such successor Person had been named as the Company herein; provided, however, that the predecessor Company shall not be relieved from the obligation to pay the principal of, premium on, if any and interest on, the Notes except
      in the case of a sale of all of the Company’s assets in a transaction that is subject to, and that complies with the provisions of, Section 5.01 hereof.

   

  Article 6.

      DEFAULTS AND REMEDIES

   

  Section 6.01         Events of Default.

   

  Each of the following is an “Event of Default”:

   

  (1)          default for 30 days in the payment when due of interest on the Notes;

   

  (2)          default in the payment when due (at maturity, upon redemption or
      otherwise) of the principal of, or premium, if any, on the Notes;

   

  (3)           failure by the Company or any of its Restricted Subsidiaries to
      comply with Section 5.01 hereof;

   

  (4)           failure by the Company or any of its Restricted Subsidiaries for 30
      days after notice to the Company by the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding voting as a single class to comply with the provisions of Sections 4.10 or 4.15 hereof;

   

  (5)           failure by the Company or any of its Restricted Subsidiaries for 60
      days after notice to the Company by the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding voting as a single class to comply with any of the other agreements in this Indenture;

   

  (6)          default under any mortgage, indenture or instrument under which there
      may be issued or by which there may be secured or evidenced any Indebtedness for money borrowed by the Company or any of its Restricted Subsidiaries (or the payment of which is guaranteed by the Company or any of its Restricted Subsidiaries), whether
      such Indebtedness or Guarantee now exists, or is created after the date of this Indenture, if that default:

   

  (A)       is caused by a failure to pay principal of, premium on, if any, or
      interest, if any, on, such Indebtedness prior to the expiration of the grace period provided in such Indebtedness on the date of such default (a “Payment Default”); or

   

  (B)        results in the acceleration of such Indebtedness prior to its express
      maturity,

   

  and, in each case, the principal amount of any such Indebtedness, together with the principal amount of
      any other such Indebtedness under which there has been a Payment

   

  
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  Default or the maturity of which has been so accelerated, aggregates $50.0 million or
      more;

   

  (7)          failure by the Company or any Significant Subsidiary or any group of
      its Restricted Subsidiaries that, taken together (as of the date of the latest audited consolidated financial statements of the Company and its Restricted Subsidiaries), would constitute a Significant Subsidiary, to pay final judgments (net of any
      amounts covered by insurance policies issued by a reputable and creditworthy insurance company that is not contesting liability for such amounts) entered by a court or courts of competent jurisdiction aggregating in excess of $50.0 million, which
      judgments are not paid, discharged or stayed, for a period of 60 days;

   

  (8)          except as permitted by this Indenture, any Note Guarantee of a
      Significant Subsidiary or any group of Guarantors that, taken together (as of the date of the latest audited consolidated financial statements of the Company and its Restricted Subsidiaries), would constitute a Significant Subsidiary, is held in any
      judicial proceeding to be unenforceable or invalid or ceases for any reason to be in full force and effect, or any Guarantor that is a Significant Subsidiary or any group of Guarantors that, taken together (as of the date of the latest audited
      consolidated financial statements of the Company and its Restricted Subsidiaries), would constitute a Significant Subsidiary, or any Person acting on behalf of any such Guarantor, denies or disaffirms its obligations under its Note Guarantee;

   

  (9)          the Company or any of its Restricted Subsidiaries that is a
      Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary pursuant to or within the meaning of Bankruptcy Law:

   

  (A)       commences a voluntary case,

   

  (B)       consents to the entry of an order for relief against it in an involuntary
      case,

   

  (C)       consents to the appointment of a custodian of it or for all or
      substantially all of its property,

   

  (D)       makes a general assignment for the benefit of its creditors, or

   

  (E)        generally is unable to pay its debts as they become due; and

   

  (10)        a court of competent jurisdiction enters a final non-appealable order
      or decree under any Bankruptcy Law that:

   

  (A)       is for relief against the Company or any of its Restricted Subsidiaries
      that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary in an involuntary case;

   

  (B)        appoints a custodian of the Company or any of its Restricted Subsidiaries
      that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary or for all or substantially all of the property of the Company or any of its Restricted
      Subsidiaries that is a

   

  
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  Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken
      together, would constitute a Significant Subsidiary; or

   

  (C)        orders the liquidation of the Company or any of its Restricted
      Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary;

   

  and the final non-appealable order or decree remains unstayed and in effect for 90 consecutive days.

   

  Section 6.02         Acceleration.

   

  In the case of an Event of Default specified in clause (9) or (10) of Section 6.01 hereof,
      with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will
      become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the
      Notes to be due and payable immediately.

   

  Upon any such declaration, the Notes shall become due and payable immediately.

   

  The Holders of a majority in aggregate principal amount of the then outstanding Notes by
      written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunder, if the rescission would not conflict with any judgment or
      decree, except a continuing Default or Event of Default in the payment of principal of, premium on, if any or interest on, the Notes.

   

  Section 6.03         Other Remedies.

   

  If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy
      to collect the payment of principal of, premium on, if any, or interest on the Notes or to enforce the performance of any provision of the Notes or this Indenture.

   

  The Trustee may maintain a proceeding even if it does not possess any of the Notes or does
      not produce any of them in the proceeding. A delay or omission by the Trustee or any Holder of a Note in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence
      in the Event of Default. All remedies are cumulative to the extent permitted by law.

   

  Section 6.04         Waiver of Past Defaults.

   

  The Holders of a majority in aggregate principal amount of the then outstanding Notes by
      written notice to the Trustee may, on behalf of the Holders of all of the Notes waive any existing Default or Event of Default and its consequences hereunder, except a continuing Default or Event of Default in the payment of principal of, premium on,
      if any, or interest on, the Notes (including in connection with an offer to purchase); provided, however, that the Holders of a majority in aggregate principal amount of the then outstanding Notes may rescind an acceleration and its
      consequences, including any related payment default that resulted from such acceleration. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this

   

  
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  Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right
      consequent thereon.

   

  Section 6.05         Control by Majority.

   

  Holders of a majority in aggregate principal amount of the then outstanding Notes may direct
      the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. However, the Trustee may refuse to follow any direction that conflicts with law or this
      Indenture that the Trustee determines may be unduly prejudicial to the rights of other Holders of Notes or that may involve the Trustee in personal liability.

   

  Section 6.06         Limitation on Suits.

   

  No Holder of a Note may pursue any remedy with respect to this Indenture, the Notes or the
      Note Guarantees unless:

   

  (1)           such Holder has previously given the Trustee written notice that an
      Event of Default is continuing;

   

  (2)           Holders of at least 25% in aggregate principal amount of the then
      outstanding Notes make a written request to the Trustee to pursue the remedy;

   

  (3)           such Holder or Holders offer and, if requested, provide to the
      Trustee security or indemnity reasonably satisfactory to the Trustee against any loss, liability or expense;

   

  (4)           the Trustee does not comply with such request within 60 days after
      receipt of the request and the offer of security or indemnity; and

   

  (5)          during such 60-day period, Holders of a majority in aggregate
      principal amount of the then outstanding Notes do not give the Trustee a direction inconsistent with such request.

   

  A Holder of a Note may not use this Indenture to prejudice the rights of another Holder of a
      Note or to obtain a preference or priority over another Holder of a Note.

   

  Section 6.07         Rights of Holders of Notes to Receive Payment.

   

  Notwithstanding any other provision of this Indenture, the contractual right of any Holder of
      a Note expressly set forth herein to receive payment of principal of, premium on, if any, or interest on the Note, on or after the respective due dates expressed in the Note (including in connection with an offer to purchase), or to bring suit for
      the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

   

  Section 6.08         Collection Suit by Trustee.

   

  If an Event of Default specified in Section 6.01(1) or (2) hereof occurs and is continuing,
      the Trustee is authorized to recover judgment in its own name and as trustee of an express trust against the Company for the whole amount of principal of, premium on, if any, and interest remaining unpaid on the Notes and interest on overdue
      principal and, to the extent lawful, interest and such further amount as shall

   

  
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  be sufficient to cover the costs and expenses of collection, including the reasonable
      compensation, expenses, disbursements and advances of the Trustee, its agents and counsel.

   

  Section 6.09         Trustee May File Proofs of Claim.

   

  The Trustee is authorized to file such proofs of claim and other papers or documents as may
      be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and the Holders of the Notes allowed in any
      judicial proceedings relative to the Company (or any other obligor upon the Notes), its creditors or its property and shall be entitled and empowered to collect, receive and distribute any money or other property payable or deliverable on any such
      claims and any custodian in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the
      Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.06 hereof. To the extent that the payment of any such
      compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.06 hereof out of the estate in any such proceeding, shall be denied for any reason, payment of the same
      shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties that the Holders may be entitled to receive in such proceeding whether in liquidation or under any plan of
      reorganization or arrangement or otherwise. Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition
      affecting the Notes or the rights of any Holder, or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding.

   

  Section 6.10         Priorities.

   

  If the Trustee collects any money pursuant to this Article 6, it shall pay out the money in
      the following order:

   

  First: to the Trustee, its agents and attorneys for amounts due under
      Section 7.06 hereof, including payment of all compensation, expenses and liabilities incurred, and all advances made, by the Trustee and the costs and expenses of collection;

   

  Second: to Holders of Notes for amounts due and unpaid on the Notes for
      principal, premium, if any, and interest ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes for principal, premium, if any, and interest, respectively; and

   

  Third: to the Company or to such party as a court of competent jurisdiction
      shall direct.

   

  The Trustee may fix a record date and payment date for any payment to Holders of Notes
      pursuant to this Section 6.10.

   

  Section 6.11         Undertaking for Costs.

   

  In any suit for the enforcement of any right or remedy under this Indenture or in any suit
      against the Trustee for any action taken or omitted by it as a Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess
      reasonable costs, including reasonable attorneys’ fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party

   

  
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  litigant. This Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder of a Note
      pursuant to Section 6.07 hereof, or a suit by Holders of more than 10% in aggregate principal amount of the then outstanding Notes.

   

  Article 7.

      TRUSTEE

   

  Section 7.01         Duties of Trustee.

   

  (a)           If an Event of Default has occurred and is continuing, the Trustee will
      exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.

   

  (b)           Except during the continuance of an Event of Default:

   

  (1)           the duties of the Trustee will be determined solely by the express
      provisions of this Indenture and the Trustee need perform only those duties that are specifically set forth in this Indenture and no others, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

   

  (2)           in the absence of bad faith on its part, the Trustee may conclusively
      rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. However, the Trustee will examine the
      certificates and opinions to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein).

   

  (c)           The Trustee may not be relieved from liabilities for its own negligent action,
      its own negligent failure to act, or its own willful misconduct, except that:

   

  (1)          this paragraph does not limit the effect of paragraph (b) of this
      Section 7.01;

   

  (2)           the Trustee will not be liable for any error of judgment made in good
      faith by a Responsible Officer, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and

   

  (3)           the Trustee will not be liable with respect to any action it takes or
      omits to take in good faith in accordance with a direction received by it pursuant to Section 6.05 hereof.

   

  (d)           Whether or not therein expressly so provided, every provision of this Indenture
      that in any way relates to the Trustee is subject to paragraphs (a), (b), and (c) of this Section 7.01.

   

  (e)           No provision of this Indenture will require the Trustee to expend or risk its
      own funds or incur any liability. The Trustee will be under no obligation to exercise any of its rights or powers under

   

  
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  this Indenture at the request of any Holders, unless such Holder has offered to the Trustee
      security and indemnity satisfactory to it against any loss, liability or expense.

   

  (f)            The Trustee will not be liable for interest on any money received by it except
      as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law.

   

  Section 7.02         Rights of Trustee.

   

  (a)           The Trustee may conclusively rely upon any resolution, certificate, statement,
      instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper document believed by it to be genuine and to have been signed or presented by the proper Person. The Trustee
      need not investigate any fact or matter stated in the document.

   

  (b)           Before the Trustee acts or refrains from acting, it may require an Officer’s
      Certificate or an Opinion of Counsel or both. The Trustee will not be liable for any action it takes or omits to take in good faith in reliance on such Officer’s Certificate or Opinion of Counsel. The Trustee may consult with counsel of its selection
      and the advice of such counsel or any Opinion of Counsel will be full and complete authorization and protection from liability in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon.

   

  (c)           The Trustee may act through its attorneys and agents and will not be
      responsible for the misconduct or negligence of any agent appointed with due care.

   

  (d)           The Trustee will not be liable for any action it takes or omits to take in good
      faith that it believes to be authorized or within the rights or powers conferred upon it by this Indenture.

   

  (e)           Unless otherwise specifically provided in this Indenture, any demand, request,
      direction or notice from the Company will be sufficient if signed by an Officer of the Company.

   

  (f)            The Trustee will be under no obligation to exercise any of the rights or
      powers vested in it by this Indenture at the request or direction of any of the Holders unless such Holders have offered to the Trustee indemnity or security reasonably satisfactory to the Trustee against the losses, liabilities and expenses that
      might be incurred by it in compliance with such request or direction.

   

  (g)           The Trustee shall not be bound to make any investigation
      into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in
      its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and
      premises of the Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation

   

  (h)           In no event shall the Trustee be responsible or liable for
      special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the
      form of action

   

  (i)            The Trustee shall not be deemed to have notice or
      knowledge of any Default or Event of Default unless written notice of any event which is in fact such a default is received by a Responsible

   

  
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  Officer of the Trustee at the Corporate Trust Office of the Trustee, and
      such notice references the Securities and this Indenture.

   

  (j)            The rights, privileges, protections, immunities and
      benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act
      hereunder.

   

  (k)           The Trustee may request that the Company deliver a
      certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture.

   

  Section 7.03         Individual Rights of Trustee.

   

  The Trustee in its individual or any other capacity may become the owner or pledgee of Notes
      and may otherwise deal with the Company or any Affiliate of the Company with the same rights it would have if it were not Trustee. However, in the event that the Trustee acquires any conflicting interest it must eliminate such conflict within 90
      days, apply to the SEC for permission to continue as trustee (if this Indenture has been qualified under the TIA) or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.10 and 7.11 hereof.

   

  Section 7.04         Trustee’s Disclaimer.

   

  The Trustee will not be responsible for and makes no representation as to the validity or
      adequacy of this Indenture or the Notes, it shall not be accountable for the Company’s use of the proceeds from the Notes or any money paid to the Company or upon the Company’s direction under any provision of this Indenture, it will not be
      responsible for the use or application of any money received by any Paying Agent other than the Trustee, and it will not be responsible for any statement or recital herein or any statement in the Notes or any other document in connection with the
      sale of the Notes or pursuant to this Indenture other than its certificate of authentication.

   

  Section 7.05         Notice of Defaults.

   

  If a Default or Event of Default occurs and is continuing and if the Trustee receives written
      notice thereof, the Trustee will deliver to Holders of Notes a notice of the Default or Event of Default within 90 days after it occurs. Except in the case of a Default or Event of Default in payment of principal of, premium on, if any, or interest
      on, any Note, the Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of the Holders of the Notes.

   

  Section 7.06         Compensation and Indemnity.

   

  (a)           The Company will pay to the Trustee from time to time such compensation for its
      acceptance of this Indenture and services hereunder as the Company shall from time to time agree in writing. The Trustee’s compensation will not be limited by any law on compensation of a trustee of an express trust. The Company will reimburse the
      Trustee promptly upon request for all reasonable disbursements, advances and expenses incurred or made by it in addition to the compensation for its services. Such expenses will include the reasonable compensation, disbursements and expenses of the
      Trustee’s agents and counsel.

   

  (b)           The Company and the Guarantors, jointly and severally, will indemnify the
      Trustee against any and all losses, damages, claims, liabilities or expenses, including taxes (other than taxes based

   

  
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  upon, measured by or determined by the income of the Trustee) incurred by it arising out of or in
      connection with the acceptance or administration of its duties under this Indenture, including the costs and expenses of enforcing this Indenture against the Company and the Guarantors (including this Section 7.06) and defending itself against any
      claim (whether asserted by the Company, the Guarantors, any Holder or any other Person) or liability in connection with the exercise or performance of any of its powers or duties hereunder, except to the extent any such loss, damage, claim, liability
      or expense may be attributable to its negligence or bad faith. The Trustee will notify the Company promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the Company will not relieve the Company or any of the
      Guarantors of their obligations hereunder. The Company or such Guarantor will defend the claim and the Trustee will cooperate in the defense. The Trustee may have separate counsel and the Company will pay the reasonable fees and expenses of such
      counsel. Neither the Company nor any Guarantor need pay for any settlement made without its consent, which consent will not be unreasonably withheld.

   

  (c)           The obligations of the Company and the Guarantors under this Section 7.06 will
      survive the satisfaction and discharge of this Indenture.

   

  (d)           To secure the Company’s and the Guarantors’ payment obligations in this Section
      7.06, the Trustee will have a Lien prior to the Notes on all money or property held or collected by the Trustee, except that held in trust to pay principal of, premium on, if any, or interest on, particular Notes. Such Lien will survive the
      satisfaction and discharge of this Indenture.

   

  (e)           When the Trustee incurs expenses or renders services after an Event of Default
      specified in clause (9) or (10) of Section 6.01 hereof occurs, the expenses and the compensation for the services (including the fees and expenses of its agents and counsel) are intended to constitute expenses of administration under any Bankruptcy
      Law.

   

  Section 7.07         Replacement of Trustee.

   

  (a)           A resignation or removal of the Trustee and appointment of a successor Trustee
      will become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.07.

   

  (b)           The Trustee may resign in writing at any time and be discharged from the trust
      hereby created by so notifying the Company at least 30 days prior to the effective date of such resignation. The Holders of a majority in aggregate principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and
      the Company in writing at least 30 days prior to the effective date of such removal. The Company may remove the Trustee if:

   

  (1)           the Trustee fails to comply with Section 7.10 hereof;

   

  (2)           the Trustee is adjudged a bankrupt or an insolvent or an order for
      relief is entered with respect to the Trustee under any Bankruptcy Law;

   

  (3)           a custodian or public officer takes charge of the Trustee or its
      property; or

   

  (4)           the Trustee becomes incapable of acting.

   

  (c)           If the Trustee resigns or is removed or if a vacancy exists in the office of
      Trustee for any reason, the Company will promptly appoint a successor Trustee. Within one year after the successor

   

  
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  Trustee takes office, the Holders of a majority in aggregate principal amount of the then
      outstanding Notes may appoint a successor Trustee to replace the successor Trustee appointed by the Company.

   

  (d)           If a successor Trustee does not take office within 60 days after the retiring
      Trustee resigns or is removed, the retiring Trustee, at the expense of the Company, the Company, or the Holders of at least 10% in aggregate principal amount of the then outstanding Notes may petition any court of competent jurisdiction for the
      appointment of a successor Trustee.

   

  (e)           If the Trustee, after written request by any Holder who has been a Holder for
      at least six months, fails to comply with Section 7.10 hereof, such Holder may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee.

   

  (f)           A successor Trustee will deliver a written acceptance of its appointment to the
      retiring Trustee and to the Company. Thereupon, the resignation or removal of the retiring Trustee will become effective, and the successor Trustee will have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee
      will mail a notice of its succession to Holders. The retiring Trustee will promptly transfer all property held by it as Trustee to the successor Trustee; provided all sums owing to the Trustee hereunder have been paid and subject to the Lien
      provided for in Section 7.06 hereof. Notwithstanding replacement of the Trustee pursuant to this Section 7.07, the Company’s obligations under Section 7.06 hereof will continue for the benefit of the retiring Trustee.

   

  Section 7.08         Successor Trustee by Merger, etc.

   

  If the Trustee consolidates with, merges or converts into, or transfers all or substantially
      all of its corporate trust business to, another corporation, the successor corporation without any further act will be the successor Trustee.

   

  Section 7.09         Eligibility; Disqualification.

   

  There will at all times be a Trustee hereunder that is a corporation organized and doing
      business under the laws of the United States of America or of any state thereof that is authorized under such laws to exercise corporate trustee power, that is subject to supervision or examination by federal or state authorities and that has a
      combined capital and surplus of at least $100.0 million as set forth in its most recent published annual report of condition.

   

  Article 8.

      LEGAL DEFEASANCE AND COVENANT DEFEASANCE

   

  Section 8.01         Option to Effect Legal Defeasance or Covenant Defeasance.

   

  The Company may at any time, at the option of its Board of Directors evidenced by a
      resolution set forth in an Officer’s Certificate, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

   

  Section 8.02         Legal Defeasance and Discharge.

   

  Upon the Company’s exercise under Section 8.01 hereof of the option applicable to this
      Section 8.02, the Company and each of the Guarantors will, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, be deemed to have been discharged from their obligations with respect to all outstanding Notes (including the
      Note Guarantees) on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Company and the

   

  
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  Guarantors will be deemed to have paid and discharged the entire Indebtedness represented by the
      outstanding Notes (including the Note Guarantees), which will thereafter be deemed to be “outstanding” only for the purposes of Section 8.05 hereof and the other Sections of this Indenture referred to in clauses (1) and (2) below, and to have
      satisfied all their other obligations under such Notes, the Note Guarantees and this Indenture (and the Trustee, on demand of and at the expense of the Company, shall execute proper instruments acknowledging the same), except for the following
      provisions which will survive until otherwise terminated or discharged hereunder:

   

  (1)          the rights of Holders of outstanding Notes to receive payments in
      respect of the principal of, premium on, if any, or interest on such Notes when such payments are due from the trust referred to in Section 8.04 hereof;

   

  (2)          the Company’s obligations with respect to such Notes under Article 2
      and Section 4.02 hereof;

   

  (3)           the rights, powers, trusts, duties and immunities of the Trustee
      hereunder, and the Company’s and the Guarantors’ obligations in connection therewith; and

   

  (4)           this Article 8.

   

  Subject to compliance with this Article 8, the Company may exercise its option under this
      Section 8.02 notwithstanding the prior exercise of its option under Section 8.03 hereof.

   

  Section 8.03         Covenant Defeasance.

   

  Upon the Company’s exercise under Section 8.01 hereof of the option applicable to this
      Section 8.03, the Company and each of the Guarantors will, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, be released from each of their obligations under the covenants contained in Sections 4.07, 4.08, 4.09, 4.10,
      4.11, 4.12, 4.13, 4.15, 4.16, 4.17 and 4.18 hereof and clause (4) of Section 5.01 hereof with respect to the outstanding Notes on and after the date the conditions set forth in Section 8.04 hereof are satisfied (hereinafter, “Covenant Defeasance”),
      and the Notes will thereafter be deemed not “outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but will continue to be deemed
      “outstanding” for all other purposes hereunder (it being understood that such Notes will not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the outstanding Notes and Note Guarantees,
      the Company and the Guarantors may omit to comply with and will have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such
      covenant or by reason of any reference in any such covenant to any other provision herein or in any other document and such omission to comply will not constitute a Default or an Event of Default under Section 6.01 hereof, but, except as specified
      above, the remainder of this Indenture and such Notes and Note Guarantees will be unaffected thereby. In addition, upon the Company’s exercise under Section 8.01 hereof of the option

   

  
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  applicable to this Section 8.03, subject to the satisfaction of the conditions set forth in
      Section 8.04 hereof, Sections 6.01(3), (4), (5), (6), (7) and (8) hereof will not constitute Events of Default.

   

  Section 8.04         Conditions to Legal or Covenant Defeasance.

   

  In order to exercise either Legal Defeasance or Covenant Defeasance under either Section 8.02
      or 8.03 hereof:

   

  (1)          the Company must irrevocably deposit with the Trustee, in trust, for
      the benefit of the Holders, cash in U.S. dollars, non-callable Government Securities, or a combination thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized investment bank, appraisal firm, or firm of independent
      public accountants, to pay the principal of, premium on, if any, and interest on, the outstanding Notes on the stated date for payment thereof or on the applicable redemption date, as the case may be, and the Company must specify whether the Notes
      are being defeased to such stated date for payment or to a particular redemption date;

   

  (2)          in the case of an election under Section 8.02 hereof, the Company must
      deliver to the Trustee an opinion of U.S. tax counsel reasonably acceptable to the Trustee confirming that:

   

  (A)       the Company has received from, or there has been published by, the U.S.
      Internal Revenue Service a ruling; or

   

  (B)       since the date of this Indenture, there has been a change in the applicable
      U.S. federal income tax law,

   

  in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the
      Beneficial Owners of the outstanding Notes will not recognize income, gain or loss for federal income tax purposes as a result of such Legal Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same
      times as would have been the case if such Legal Defeasance had not occurred;

   

  (3)           in the case of an election under Section 8.03 hereof, the Company
      must deliver to the Trustee an opinion of U.S. tax counsel reasonably acceptable to the Trustee confirming that the Beneficial Owners of the outstanding Notes will not recognize income, gain or loss for U.S. federal income tax purposes as a result of
      such Covenant Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred;

   

  (4)          no Default or Event of Default shall have occurred and be continuing
      on the date of such deposit (other than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit (and any similar concurrent deposit relating to other Indebtedness), and the granting of Liens to secure such
      borrowings);

   

  (5)          such Legal Defeasance or Covenant Defeasance will not result in a
      breach or violation of, or constitute a default under, any material agreement or instrument (other than this Indenture and the agreements governing any other Indebtedness being defeased, discharged or

   

  
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  replaced) to which the Company or any of the Guarantors is a party or by which the
      Company or any of the Guarantors is bound;

   

  (6)          the Company must deliver to the Trustee an Officer’s Certificate
      stating that the deposit was not made by the Company with the intent of defeating, hindering, delaying or defrauding any creditors of the Company or others; and

   

  (7)          the Company must deliver to the Trustee an Officer’s Certificate and
      an Opinion of Counsel, each stating that all conditions precedent relating to the Legal Defeasance or the Covenant Defeasance have been complied with.

   

  Section 8.05         Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions.

   

  Subject to Section 8.06 hereof, all money and non-callable Government Securities (including
      the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of this Section 8.05, the “Trustee”) pursuant to Section 8.04 hereof in respect of the outstanding Notes will be held in trust and applied
      by the Trustee, in accordance with the provisions of such Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as Paying Agent) as the Trustee may determine, to the Holders of such Notes
      of all sums due and to become due thereon in respect of principal, premium, if any, and interest, but such money need not be segregated from other funds except to the extent required by law.

   

  The Company will pay and indemnify the Trustee against any tax, fee or other charge imposed
      on or assessed against the cash or non-callable Government Securities deposited pursuant to Section 8.04 hereof or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of
      the Holders of the outstanding Notes.

   

  Notwithstanding anything in this Article 8 to the contrary, the Trustee will deliver or pay
      to the Company from time to time upon the request of the Company any money or non-callable Government Securities held by it as provided in Section 8.04 hereof which, in the opinion of a nationally recognized investment bank, appraisal firm or firm of
      independent public accountants expressed in a written certification thereof delivered to the Trustee (which may be the opinion delivered under Section 8.04(1) hereof), are in excess of the amount thereof that would then be required to be deposited to
      effect an equivalent Legal Defeasance or Covenant Defeasance.

   

  Section 8.06         Repayment to Company.

   

  Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in
      trust for the payment of the principal of, premium on, if any, or interest on, any Note and remaining unclaimed for two years after such principal, premium, if any, or interest has become due and payable shall be paid to the Company on its request or
      (if then held by the Company) will be discharged from such trust; and the Holder of such Note will thereafter be permitted to look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such
      trust money, and all liability of the Company as trustee thereof, will thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company cause to be
      published once, in the New York Times and The Wall Street Journal (national edition), notice that such money remains unclaimed and that, after a date specified therein, which will not

   

  
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  be less than 30 days from the date of such notification or publication, any unclaimed balance of
      such money then remaining will be repaid to the Company.

   

  Section 8.07         Reinstatement.

   

  If the Trustee or Paying Agent is unable to apply any U.S. dollars or non-callable Government
      Securities in accordance with Section 8.02 or 8.03 hereof, as the case may be, by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the Company’s and the
      Guarantors’ obligations under this Indenture and the Notes and the Note Guarantees will be revived and reinstated as though no deposit had occurred pursuant to Section 8.02 or 8.03 hereof until such time as the Trustee or Paying Agent is permitted to
      apply all such money in accordance with Section 8.02 or 8.03 hereof, as the case may be; provided, however, that, if the Company makes any payment of principal of, premium on, if any, or interest on, any Note following the reinstatement of
      its obligations, the Company will be subrogated to the rights of the Holders of such Notes to receive such payment from the money held by the Trustee or Paying Agent.

   

  Article 9.

      AMENDMENT, SUPPLEMENT AND WAIVER

   

  Section 9.01         Without Consent of Holders of Notes.

   

  Notwithstanding Section 9.02 of this Indenture, without the consent of any Holder of Notes,
      the Company, the Guarantors and the Trustee may amend or supplement this Indenture, the Notes or the Note Guarantees:

   

  (1)           to cure any ambiguity, defect or inconsistency;

   

  (2)          to provide for the assumption of the Company’s or a Guarantor’s
      obligations to the Holders of the Notes and Note Guarantees by a successor to the Company or such Guarantor pursuant to Article 5 or Article 10 hereof;

   

  (3)           to make any change that would provide any additional rights or
      benefits to the Holders of the Notes or that does not adversely affect the legal rights hereunder of any Holder;

   

  (4)          to comply with requirements of the SEC in order to effect the
      qualification of this Indenture under the TIA, if applicable;

   

  (5)           to conform the text of this Indenture, the Notes, or the Note
      Guarantees to any provision of the “Description of Notes” section of the Company’s Offering Circular to the extent that such provision in that “Description of Notes” was intended to be a verbatim recitation of a provision of this Indenture, the
      Notes, or the Note Guarantees, which intent may be evidenced by an Officer’s Certificate to that effect;

   

  (6)          to provide for the issuance of Additional Notes in accordance with the
      limitations set forth in this Indenture as of the date hereof; or

   

  (7)           to allow any Guarantor to execute a supplemental indenture and/or a
      Note Guarantee with respect to the Notes.

   

  Upon the request of the Company accompanied by a resolution of its Board of Directors
      authorizing the execution of any such amended or supplemental indenture, and upon receipt by the

   

  
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  Trustee of the documents described in Section 7.02 hereof, the Trustee will join with the Company
      and the Guarantors in the execution of any amended or supplemental indenture authorized or permitted by the terms of this Indenture and to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee will
      not be obligated to enter into such amended or supplemental indenture that affects its own rights, duties or immunities under this Indenture or otherwise.

   

  Section 9.02         With Consent of Holders of Notes.

   

  Except as provided below in this Section 9.02, the Company and the Trustee may amend or
      supplement this Indenture (including, without limitation, Sections 3.09, 4.10 and 4.15 hereof) and the Notes and the Note Guarantees with the consent of the Holders of at least a majority in aggregate principal amount of the then outstanding Notes
      (including, without limitation, Additional Notes, if any) voting as a single class (including, without limitation, consents obtained in connection with a tender offer or exchange offer for, or purchase of, the Notes), and, subject to Sections 6.04
      and 6.07 hereof, any existing Default or Event of Default (other than a Default or Event of Default in the payment of the principal of, premium on, if any, or interest on, the Notes, except a payment default resulting from an acceleration that has
      been rescinded) or compliance with any provision of this Indenture, the Notes or the Note Guarantees may be waived with the consent of the Holders of a majority in aggregate principal amount of the then outstanding Notes (including, without
      limitation, Additional Notes, if any) voting as a single class (including, without limitation, consents obtained in connection with a purchaser of, or tender offer or exchange offer for, the Notes). Section 2.08 hereof shall determine which Notes are
      considered to be “outstanding” for purposes of this Section 9.02.

   

  Upon the request of the Company accompanied by a resolution of its Board of Directors
      authorizing the execution of any such amended or supplemental indenture, and upon the filing with the Trustee of evidence satisfactory to the Trustee of the consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of the
      documents described in Section 7.02 hereof, the Trustee will join with the Company and the Guarantors in the execution of such amended or supplemental indenture unless such amended or supplemental indenture directly affects the Trustee’s own rights,
      duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion, but will not be obligated to, enter into such amended or supplemental indenture.

   

  It is not necessary for the consent of the Holders of Notes under this Section 9.02 to
      approve the particular form of any proposed amendment, supplement or waiver, but it is sufficient if such consent approves the substance thereof.

   

  After an amendment, supplement or waiver under this Section 9.02 becomes effective, the
      Company will mail to the Holders of Notes affected thereby a notice briefly describing the amendment, supplement or waiver. Any failure of the Company to mail such notice, or any defect therein, will not, however, in any way impair or affect the
      validity of any such amended or supplemental indenture or waiver. Subject to Sections 6.04 and 6.07 hereof, the Holders of a majority in aggregate principal amount of the Notes then outstanding voting as a single class may waive compliance in a
      particular instance by the Company with any provision of this Indenture, the Notes or the Note Guarantees. However, without

   

  
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  the consent of each Holder affected, an amendment, supplement or waiver under this Section 9.02
      may not (with respect to any Notes held by a non-consenting Holder):

   

  (1)          reduce the principal amount of Notes whose Holders must consent to an
      amendment, supplement or waiver;

   

  (2)          reduce the principal of or change the fixed maturity of any Note or
      alter or waive any of the provisions with respect to the redemption of the Notes (except as provided above with respect to Sections 3.09, 4.10 and 4.15 hereof);

   

  (3)           reduce the rate of or change the time for payment of interest,
      including default interest, on any Note;

   

  (4)           waive a Default or Event of Default in the payment of principal of,
      premium on, if any, or interest on, the Notes (except a rescission of acceleration of the Notes by the Holders of at least a majority in aggregate principal amount of the then outstanding Notes and a waiver of the payment default that resulted from
      such acceleration);

   

  (5)           make any Note payable in money other than that stated in the Notes;

   

  (6)           make any change in the provisions of this Indenture relating to
      waivers of past Defaults or the rights of Holders of Notes to receive payments of principal of, premium on, if any, or interest on, the Notes;

   

  (7)           waive a redemption payment with respect to any Note (other than a
      payment required by Sections 3.09, 4.10 or 4.15 hereof);

   

  (8)           release any Guarantor from any of its obligations under its Note
      Guarantee or this Indenture, except in accordance with the terms of this Indenture; or

   

  (9)           make any change in the preceding amendment and waiver provisions.

   

  Section 9.03         Revocation and Effect of Consents.

   

  Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder of a
      Note is a continuing consent by the Holder of a Note and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent is not made on any Note. However, except as
      may be provided by the terms of any request for consent, any such Holder of a Note or subsequent Holder of a Note may revoke the consent as to its Note if the Trustee receives written notice of revocation before the date the amendment, supplement or
      waiver becomes effective. An amendment, supplement or waiver becomes effective in accordance with its terms and thereafter binds every Holder.

   

  Section 9.04         Notation on or Exchange of Notes.

   

  The Trustee may place an appropriate notation about an amendment, supplement or waiver on any
      Note thereafter authenticated. The Company in exchange for all Notes may issue and the Trustee

   

  
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  shall, upon receipt of an Authentication Order, authenticate new Notes that reflect the
      amendment, supplement or waiver.

   

  Failure to make the appropriate notation or issue a new Note will not affect the validity and
      effect of such amendment, supplement or waiver.

   

  Section 9.05         Trustee to Sign Amendments, etc.

   

  The Trustee will sign any amended or supplemental indenture authorized pursuant to this
      Article 9 if the amendment or supplement does not adversely affect the rights, duties, liabilities or immunities of the Trustee. The Company may not sign an amended or supplemental indenture until the Board of Directors of the Company approves it. In
      executing any amended or supplemental indenture, the Trustee will be entitled to receive and (subject to Section 7.01 hereof) will be fully protected in relying upon, in addition to the documents required by Section 12.02 hereof, an Officer’s
      Certificate and an Opinion of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Indenture.

   

  Article 10.

      NOTE GUARANTEES

   

  Section 10.01     Guarantee.

   

  (a)           Subject to this Article 10, each of the Guarantors hereby, jointly and
      severally, unconditionally guarantees to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity and enforceability of this Indenture, the Notes or the
      obligations of the Company hereunder or thereunder, that:

   

  (1)          the principal of, premium, if any, on, and interest on, the Notes will
      be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of, premium on, if any, and interest on, the Notes, if lawful, and all other obligations of the Company to the
      Holders or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and

   

  (2)           in case of any extension of time of payment or renewal of any Notes
      or any of such other obligations, that same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at Stated Maturity, by acceleration or otherwise.

   

  Failing payment when due of any amount so guaranteed or any performance so guaranteed for
      whatever reason, the Guarantors will be jointly and severally obligated to pay the same immediately. Each Guarantor agrees that this is a guarantee of payment and not a guarantee of collection.

   

  (b)           The Guarantors hereby agree that their obligations hereunder are unconditional,
      irrespective of the validity, regularity or enforceability of the Notes or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions hereof or thereof, the recovery
      of any judgment against the Company, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. Each Guarantor hereby waives diligence, presentment, demand of
      payment, filing of claims with a court in the event of insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company, protest, notice and all demands whatsoever and covenant that this

   

  
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  Note Guarantee will not be discharged except by complete performance of the obligations contained
      in the Notes and this Indenture.

   

  (c)           If any Holder or the Trustee is required by any court or otherwise to return to
      the Company, the Guarantors or any custodian, trustee, liquidator or other similar official acting in relation to either the Company or the Guarantors, any amount paid by either to the Trustee or such Holder, this Note Guarantee, to the extent
      theretofore discharged, will be reinstated in full force and effect.

   

  (d)           Each Guarantor agrees that it will not be entitled to any right of subrogation
      in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. Each Guarantor further agrees that, as between the Guarantors, on the one hand, and the Holders and the Trustee, on
      the other hand, (1) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article 6 hereof for the purposes of this Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration
      in respect of the obligations guaranteed hereby, and (2) in the event of any declaration of acceleration of such obligations as provided in Article 6 hereof, such obligations (whether or not due and payable) will forthwith become due and payable by
      the Guarantors for the purpose of this Note Guarantee. The Guarantors will have the right to seek contribution from any non-paying Guarantor so long as the exercise of such right does not impair the rights of the Holders under the Note Guarantee.

   

  Section 10.02     Limitation on Guarantor Liability.

   

  Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the
      intention of all such parties that the Note Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar
      federal or state law to the extent applicable to any Note Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that the obligations of such Guarantor will be limited to the maximum
      amount that will, after giving effect to such maximum amount and all other contingent and fixed liabilities of such Guarantor that are relevant under such laws, and after giving effect to any collections from, rights to receive contribution from or
      payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under this Article 10, result in the obligations of such Guarantor under its Note Guarantee not constituting a fraudulent transfer or
      conveyance.

   

  Section 10.03     Execution and Delivery of Note Guarantee.

   

  To evidence its Note Guarantee set forth in Section 10.01 hereof, each Guarantor hereby
      agrees that a notation of such Note Guarantee substantially in the form attached as Exhibit E hereto will be

   

  
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  endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee
      and that this Indenture will be executed on behalf of such Guarantor by one of its Officers.

   

  Each Guarantor hereby agrees that its Note Guarantee set forth in Section 10.01 hereof will
      remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Note Guarantee.

   

  If an Officer whose signature is on this Indenture or on the Note Guarantee no longer holds
      that office at the time the Trustee authenticates the Note on which a Note Guarantee is endorsed, the Note Guarantee will be valid nevertheless.

   

  The delivery of any Note by the Trustee, after the authentication thereof hereunder, will
      constitute due delivery of the Note Guarantee set forth in this Indenture on behalf of the Guarantors.

   

  In the event that any of the Company’s Restricted Subsidiaries that is not a Guarantor and
      that guarantees any Indebtedness of the Company, on the Issue Date or any time thereafter, which such Indebtedness exceeds $20.0 million in aggregate principal amount, the Company will cause such Restricted Subsidiary to Guarantee the Notes on a
      senior unsecured basis pursuant to the provisions of Section 4.16 hereof and this Article 10, to the extent applicable.

   

  Section 10.04     Guarantors May Consolidate, etc., on Certain Terms.

   

  Except as otherwise provided in Section 10.05 hereof, a Guarantor may not sell or otherwise
      dispose of all or substantially all of its assets to, or consolidate with or merge with or into (whether or not such Guarantor is the surviving Person) another Person, other than the Company or another Guarantor, unless:

   

  (1)          immediately after giving effect to such transaction, no Default or
      Event of Default exists; and

   

  (2)          either:

   

  (A)       subject to Section 10.05 hereof, the Person acquiring the property in any
      such sale or disposition or the Person formed by or surviving any such consolidation or merger unconditionally assumes all the obligations of that Guarantor under its Note Guarantee and this Indenture on the terms set forth herein or therein,
      pursuant to a supplemental indenture reasonably satisfactory to the Trustee; or

   

  (B)        the transaction is made without violating Section 4.10 hereof.

   

  In case of any such consolidation, merger, sale or conveyance and upon the assumption by the
      successor Person, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the Note Guarantee endorsed upon the Notes and the due and punctual performance of all of the covenants and conditions of
      this Indenture to be performed by the Guarantor, such successor Person will succeed to and be substituted for the Guarantor with the same effect as if it had been named herein as a Guarantor. Such successor Person thereupon may cause to be signed any
      or all of the Note Guarantees to be endorsed upon all of the Notes issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee. All the Note Guarantees so issued will in all respects have the same legal
      rank and benefit under this Indenture as the Note Guarantees

   

  
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  theretofore and thereafter issued in accordance with the terms of this Indenture as though all of
      such Note Guarantees had been issued at the date of the execution hereof.

   

  Except as set forth in Articles 4 and 5 hereof, and notwithstanding clauses 2(A) and (B)
      above, nothing contained in this Indenture or in any of the Notes will prevent any consolidation or merger of a Guarantor with or into the Company or another Guarantor, or will prevent any sale or conveyance of the property of a Guarantor as an
      entirety or substantially as an entirety to the Company or another Guarantor.

   

  Section 10.05     Releases.

   

  (a)           The Note Guarantee of a Guarantor will be released:

   

  (1)           in connection with any sale or other disposition of all or
      substantially all of the assets of that Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, if the sale or
      other disposition does not violate Section 4.10 hereof;

   

  (2)          in connection with any sale or other disposition of Capital Stock of
      that Guarantor to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, if the sale or other disposition does not violate Section 4.10 hereof and the Guarantor ceases to
      be a Restricted Subsidiary of the Company as a result of the sale or other disposition;

   

  (3)           if the Company designates any Restricted Subsidiary that is a
      Guarantor to be an Unrestricted Subsidiary in accordance with the applicable provisions of this Indenture;

   

  (4)           in the case of any Initial Guarantor, at the Company’s election, if
      such Initial Guarantor is not then guaranteeing, or is released or discharged from its Guarantee of, any other Indebtedness of the Company in an aggregate principal amount in excess of $20.0 million; provided that if such Person has incurred
      any Indebtedness in reliance on its status as a Guarantor under Section 4.09, such Guarantor’s obligations under such Indebtedness, as the case may be, so incurred are satisfied in full and discharged or are otherwise permitted to be Incurred by a
      Restricted Subsidiary (other than a Guarantor) under Section 4.09.

   

  (5)           in the case of any Guarantor other than an Initial Guarantor, at the
      Company’s election, if such Guarantor is released or discharged from its Guarantee of all Indebtedness of the Company that resulted in the obligation of such Guarantor to Guarantee the Notes; provided that if such Person has incurred any
      Indebtedness in reliance on its status as a Guarantor under Section 4.09 hereof such Guarantor's obligations under such Indebtedness, as the case may be, so incurred are satisfied in full and discharged or are otherwise permitted to be Incurred by a
      Restricted Subsidiary (other than a Guarantor) under Section 4.09 hereof; or

   

  (6)           upon Legal Defeasance or Covenant Defeasance in accordance with
      Article 8 hereof or satisfaction and discharge of this Indenture in accordance with Article 11 hereof.

   

  (b)           Any Guarantor not released from its obligations under its Note Guarantee as
      provided in this Section 10.05 will remain liable for the full amount of principal of, premium on, if any, and interest

   

  
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  on, the Notes and for the other obligations of any Guarantor under this Indenture as provided in
      this Article 10.

   

  Article 11.

      satisfaction and discharge

   

  Section 11.01      Satisfaction and Discharge.

   

  This Indenture will be discharged and will cease to be of further effect as to all Notes
      issued hereunder, when:

   

  (1)           either:

   

  (A)       all Notes that have been authenticated, except lost, stolen or destroyed
      Notes that have been replaced or paid and Notes for whose payment money has been deposited in trust and thereafter repaid to the Company, have been delivered to the Trustee for cancellation; or

   

  (B)        all Notes that have not been delivered to the Trustee for cancellation
      have become due and payable by reason of the sending of a notice of redemption or otherwise, will become due and payable within one year or will be called for redemption within one year under irrevocable arrangements reasonably satisfactory to the
      Trustee, and the Company or any Guarantor has irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit of the Holders, cash in U.S. dollars, non-callable Government Securities, or a combination
      thereof, in amounts as will be sufficient, without consideration of any reinvestment of interest, to pay and discharge the entire Indebtedness on the Notes not delivered to the Trustee for cancellation for principal of, premium on, if any, and
      interest, on, the Notes to the date of maturity or redemption;

   

  (2)           in respect of subclause (B) of clause (1) of this Section 11.01, no
      Default or Event of Default has occurred and is continuing on the date of the deposit (other than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit and any similar deposit relating to other Indebtedness
      and, in each case, the granting of Liens to secure such borrowings) and the deposit will not result in a breach or violation of, or constitute a default under, any other instrument to which the Company or any Guarantor is a party or by which the
      Company or any Guarantor is bound (other than with respect to the borrowing of funds to be applied concurrently to make the deposit required to effect such satisfaction and discharge and

   

  
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  any similar concurrent deposit relating to other Indebtedness, and in each case the
      granting of Liens to secure such borrowings);

   

  (3)           the Company or any Guarantor has paid or caused to be paid all sums
      payable by it under this Indenture; and

   

  (4)           the Company has delivered irrevocable instructions to the Trustee
      under this Indenture to apply the deposited money toward the payment of the Notes at maturity or on the redemption date, as the case may be.

   

  In addition, the Company must deliver an Officer’s Certificate and an Opinion of Counsel to the Trustee stating
      that all conditions precedent to satisfaction and discharge have been satisfied.

   

  Notwithstanding the satisfaction and discharge of this Indenture, if money has been deposited
      with the Trustee pursuant to subclause (b) of clause (1) of this Section 11.01, the provisions of Sections 11.02 and 8.06 hereof will survive. In addition, nothing in this Section 11.01 will be deemed to discharge those provisions of Section 7.07
      hereof, that, by their terms, survive the satisfaction and discharge of this Indenture.

   

  Section 11.02       Application of Trust Money.

   

  Subject to the provisions of Section 8.06 hereof, all money deposited with the Trustee
      pursuant to Section 11.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying
      Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal, premium, if any, and interest, for whose payment such money has been deposited with the Trustee; but such money need not be segregated from other funds except to
      the extent required by law.

   

  If the Trustee or Paying Agent is unable to apply any money or Government Securities in
      accordance with Section 11.01 hereof by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Company’s and any Guarantor’s
      obligations under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 11.01 hereof; provided that if the Company has made any payment of principal of, premium on, if any, or
      interest on, any Notes because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Notes to receive such payment from the money or Government Securities held by the Trustee or Paying Agent.

   

  Article 12.

      MISCELLANEOUS

   

  Section 12.01     Notices.

   

  Any notice or communication by the Company, any Guarantor or the Trustee to the others is
      duly given if in writing and delivered in Person or by first-class mail (registered or certified, return receipt requested), facsimile transmission or any electronic means Trustee and the Company agree to accept, overnight air courier guaranteeing
      next day delivery, to the others’ address:

   

  If to the Company and/or any Guarantor:

    

   

  
    96 

    
      
 

  

   

  

      Coeur Mining, Inc.,

      104 S. Michigan Avenue, Suite 900

  Chicago, Illinois 60603

      Facsimile No.: (312) 489-5899

      Attention: General Counsel

   

  With a copy to:

      Gibson, Dunn & Crutcher LLP

      200 Park Avenue

  New York, New York 10166

      Facsimile No.: (212) 351-5316

      Attention: Steven Shoemate

   

  If to the Trustee:

   

  

      The Bank of New York Mellon

  500 Ross Street, 12th
      Floor

  Pittsburgh, Pennsylvania 15262

      Facsimile No.: (412) 234-8377

      Attention: Corporate Trust Administration

   

  The Company, any Guarantor or the Trustee, by notice to the others, may designate additional
      or different addresses for subsequent notices or communications.

   

  All notices and communications (other than those sent to Holders) will be deemed to have been
      duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if transmitted by facsimile or other electronic means; and the next
      Business Day after timely delivery to the courier, if sent by overnight air courier guaranteeing next day delivery.

   

  Any notice or communication to a Holder will be mailed by first-class mail, certified or
      registered, return receipt requested, or by overnight air courier guaranteeing next day delivery to its address shown on the register kept by the Registrar. Failure to mail a notice or communication to a Holder or any defect in it will not affect its
      sufficiency with respect to other Holders.

   

  If a notice or communication is mailed or otherwise delivered in the manner provided above
      within the time prescribed, it is duly given, whether or not the addressee receives it.

   

  If the Company mails a notice or communication to Holders, it will mail a copy to the Trustee
      and each Agent at the same time.

   

  The Trustee shall have the right to accept and act upon instructions, including funds
      transfer instructions (“Instructions”) given pursuant to this Indenture and delivered using Electronic Means; provided, however, that the Company shall provide to the Trustee an incumbency certificate listing officers with the authority to provide
      such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Company whenever a person is to be added or deleted from the listing. If the Company elects
      to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Company understand and agree that the
      Trustee cannot determine the identity of the actual sender of such Instructions and that

   

  
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  the Trustee shall conclusively presume that directions that purport to have been sent by an
      Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Company shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that
      the Company and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Company. The Trustee shall not be liable for
      any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Company
      agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by
      third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s)
      selected by the Company; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances;
      and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures. "Electronic Means" shall mean the following communications methods: e-mail, facsimile transmission, secure electronic
      transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder.

   

  Notwithstanding any other provision of this Indenture or any Note, where this Indenture or
      any Note provides for notice of any event or any other communication (including any notice of redemption or repurchase) to a holder of a Global Note (whether by mail or otherwise), such notice shall be sufficiently given if given to the Depositary
      (or its designee) pursuant to the standing instructions from the Depositary or its designee, including by electronic mail in accordance with accepted practices at the Depositary.

   

  Section 12.02     Certificate and Opinion as to Conditions Precedent.

   

  Upon any request or application by the Company to the Trustee to take any action under this
      Indenture, the Company shall furnish to the Trustee:

   

  (1)          an Officer’s Certificate in form and substance reasonably satisfactory
      to the Trustee (which must include the statements set forth in Section 12.03 hereof) stating that, in the opinion of the signers, all conditions precedent and covenants, if any, provided for in this Indenture relating to the proposed action have been
      satisfied; and

   

  (2)           an Opinion of Counsel in form and substance reasonably satisfactory
      to the Trustee (which must include the statements set forth in Section 12.03 hereof) stating that, in the opinion of such counsel, all such conditions precedent and covenants have been satisfied.

   

  Section 12.03     Statements Required in Certificate or Opinion.

   

  Each certificate or opinion with respect to compliance with a condition or covenant provided
      for in this Indenture must include::

   

  (1)          a statement that the Person making such certificate or opinion has
      read such covenant or condition;

   

  (2)          a brief statement as to the nature and scope of the examination or
      investigation upon which the statements or opinions contained in such certificate or opinion are based;

   

  
    98 

    
      
 

  

   

  (3)          a statement that, in the opinion of such Person, he or she has made
      such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been satisfied; and

   

  (4)          a statement as to whether or not, in the opinion of such Person, such
      condition or covenant has been satisfied.

   

  Section 12.04       Rules by Trustee and Agents.

   

  The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar
      or Paying Agent may make reasonable rules and set reasonable requirements for its functions.

   

  Section 12.05        No Personal Liability of Directors, Officers, Employees and Stockholders.

   

  No director, officer, employee, incorporator or stockholder of the Company or any Guarantor,
      as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, this Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of
      Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

   

  Section 12.06       Governing Law; Submission to Jurisdiction.

   

  THE INTERNAL LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS INDENTURE,
      THE NOTES AND THE NOTE GUARANTEES WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

   

  The Company and each Guarantor hereby irrevocably submits to the jurisdiction of any New York
      State court sitting in the Borough of Manhattan in the City of New York or any federal court sitting in the Borough of Manhattan in the City of New York in respect of any suit, action or proceeding arising

   

  
    99 

    
      
 

  

   

  out of or relating to this Indenture, the Guarantees and the Notes, and irrevocably accepts for
      itself and in respect of its property, generally and unconditionally, jurisdiction of the aforesaid courts.

   

  Section 12.07        No Adverse Interpretation of Other Agreements.

   

  This Indenture may not be used to interpret any other indenture, loan or debt agreement of
      the Company or its Subsidiaries or of any other Person. Any such indenture, loan or debt agreement may not be used to interpret this Indenture.

   

  Section 12.08        Successors.

   

  All agreements of the Company in this Indenture and the Notes will bind its successors. All
      agreements of the Trustee in this Indenture will bind its successors. All agreements of each Guarantor in this Indenture will bind its successors, except as otherwise provided in Section 10.05 hereof.

   

  Section 12.09        Severability.

   

  In case any provision in this Indenture or in the Notes is invalid, illegal or unenforceable,
      the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired thereby.

   

  Section 12.10       Counterpart Originals.

   

  The parties may sign any number of copies of this Indenture by manual, facsimile or
      electronic signature. Each signed copy will be an original, but all of them together represent the same agreement. The exchange of copies of this Indenture and of signature pages by facsimile, PDF or other electronic transmission shall constitute
      effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile, PDF or other electronic transmission shall be
      deemed to be their original signatures for all purposes.

   

  Section 12.11       Table of Contents, Headings, etc.

   

  The Table of Contents, Cross-Reference Table and Headings of the Articles and Sections of
      this Indenture have been inserted for convenience of reference only, are not to be considered a part of this Indenture and will in no way modify or restrict any of the terms or provisions hereof.

   

  Section 12.12       Waiver of Jury Trial.

   

  EACH OF THE COMPANY, EACH GUARANTOR, THE HOLDERS BY ACCEPTANCE OF THE NOTES AND THE TRUSTEE
      HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY.

   

  Section 12.13     Force Majeure.

   

  In no event shall the Trustee be responsible or liable for any failure
      or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military
      disturbances, nuclear or natural catastrophes or acts of God, epidemics or pandemics, and

   

  
    100 

    
      
 

  

   

  interruptions, loss or malfunctions of utilities, communications or computer
      (software and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances.

   

  Section 12.14     Foreign Account Tax Compliance Act (FATCA).

   

  In order to comply with applicable tax laws, rules and regulations (inclusive of directives,
      guidelines and interpretations promulgated by competent authorities) in effect from time to time (“Applicable Law”) to which a foreign financial institution, issuer, trustee, paying agent, holder or other institution is or has agreed to be
      subject related to the Indenture, the Company agrees (i) to provide to the Trustee, upon the Trustee’s request, information regarding the transaction that the Company has in its possession to assist the Trustee in determining whether it has tax
      related obligations under Applicable Law and (ii) that the Trustee shall be entitled to make any withholding or deduction from payments under the Indenture to the extent necessary to comply with Applicable Law. The terms of this section shall survive
      the termination of this Indenture.

   

  Section 12.15     OFAC Sanctions.

   

  (i) The Company covenants and represents that neither they nor any of their affiliates,
      subsidiaries, directors or officers are the target or subject of any sanctions enforced by the US Government, (including, the Office of Foreign Assets Control of the US Department of the Treasury (“OFAC”)), the United Nations Security Council, the
      European Union, HM Treasury, or other relevant sanctions authority (collectively “Sanctions”).

   

  (ii) The Company covenants and represents that neither they nor any of their affiliates,
      subsidiaries, directors or officers will use any payments made pursuant to this Supplemental Indenture, (i) to fund or facilitate any activities of or business with any person who, at the time of such funding or facilitation, is the subject or target
      of Sanctions, (ii) to fund or facilitate any activities of or business with any country or territory that is the target or subject of Sanctions, or (iii) in any other manner that will result in a violation of Sanctions by any person.

   

  [Signatures on following pages]

   

  
    101 

    
      
 

  

   

  IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed as of
      March 1, 2021.

   

  

  	 	Coeur Mining, Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Sr. Vice President and Chief Financial Officer
	 	 	 
	 	Coeur Alaska, Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Coeur Capital, Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Coeur Explorations, Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Coeur Rochester, Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Coeur South America Corp.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Wharf Resources (U.S.A.), Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President

  

   

  [Signature Page to Indenture]

   

  
     

    
      
 

  

   

  

  	 	Wharf Resources Management Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Wharf Reward Mines Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Wharf Gold Mines Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	General Partner of
	 	 	 
	 	Golden Reward Mining Company Limited Partnership
	 	 	 
	 	Wharf Gold Mines Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Sole Member Of
	 	 	 
	 	Coeur Sterling Holdings LLC
	 	 	 
	 	Coeur Mining, Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title:Sr. Vice President and Chief Financial Officer
	 	 	 
	 	Sterling Intermediate Holdco, Inc.
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President
	 	 	 
	 	Coeur Sterling, Inc.,
	 	 	 
	 	By:	/s/ Thomas S. Whelan
	 	 	Name: Thomas S. Whelan
	 	 	Title: Vice President

  

   

  

  [Signature Page to Indenture]
    

   

  
     

    
      
 

  

   

  

  

  	 	The Bank of New York Mellon,
	 	 	 
	 	 	as Trustee
	 	 	 
	 	By:	/s/ Francine Kincaid
	 	 	Name: Francine Kincaid
	 	 	Title: Vice President

  

   

  [Signature Page to Indenture]

   

  
     

    
      
 

  

  
   

  EXHIBIT A

    

  [Insert the Global Note Legend, if applicable pursuant to the provisions of the Indenture]

   

  [Insert the Private Placement Legend, if applicable pursuant to the provisions of the Indenture]

   

  [Face of Note]

  
  
     

  

  
  

   

  

  	 	CUSIP/ISIN _____________
	5.125% Senior Notes due 2029

   

  

  	No.______	 	$ _____________
	 	 	 
	COEUR MINING, INC.
	 	 	 
	promises to pay to _____________ or registered assigns,	 	 
	 	 	 
	the principal sum of_______________________ on February 15, 2029.	 	 
	 	 	 
	Interest Payment Dates:   February 15 and August 15	 	 
	 	 	 
	Record Dates: February 1 and August 1	 	 
	 	 	 
	Dated:	 	 

  

    

  	 	COEUR MINING, INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

  

   

  

  	This is one of the Notes referred to in the within-mentioned Indenture:	 
	 	 	 
	THE BANK OF NEW YORK MELLON,	 
	as Trustee	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

   

  
    A-1 

    
      
 

  

   

  [Back of Note]

      5.125% Senior Notes due 2029

   

  Capitalized terms used herein have the meanings assigned to them in the Indenture referred to
      below unless otherwise indicated.

   

  (1)       Interest. Coeur Mining, Inc.,
      a Delaware corporation (the “Company”), promises to pay or cause to be paid interest on the principal amount of this Note at 5.125% per annum from ________________, ___ until maturity. The Company will pay interest semi-annually in arrears on
      February 15 and August 15 of each year, or if any such day is not a Business Day, on the next succeeding Business Day (each, an “Interest Payment Date”). Interest on the Notes will accrue from the most recent date to which interest has been
      paid or, if no interest has been paid, from the date of issuance; provided that, if this Note is authenticated between a record date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such
      next succeeding Interest Payment Date; provided further that the first Interest Payment Date shall be _____________. The Company will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue
      principal at a rate that is 1% higher than the then applicable interest rate on the Notes to the extent lawful; it will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest
      (without regard to any applicable grace period), at the same rate to the extent lawful.

   

  Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months.

   

  (2)       Method of Payment. The Company
      will pay interest on the Notes (except defaulted interest) to the Persons who are registered Holders of Notes at the close of business on the February 1 or August 1 next preceding the Interest Payment Date, even if such Notes are canceled after such
      record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. The Notes will be payable as to principal, premium, if any, and interest at the office or agency of the
      Paying Agent and Registrar within the City and State of New York, or, at the option of the Company, payment of interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders; provided that payment
      by wire transfer of immediately available funds will be required with respect to principal of, premium on, if any, and interest on, all Global Notes and all other Notes the Holders of which will have provided wire transfer instructions to the Company
      or the Paying Agent. Such payment will be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.

   

  (3)       Paying Agent and Registrar.
      Initially, The Bank of New York Mellon, the Trustee under the Indenture, will act as Paying Agent and Registrar. The Company may change the Paying Agent or Registrar without prior notice to the Holders of the Notes. The Company or any of its
      Subsidiaries may act as Paying Agent or Registrar.

   

  (4)       Indenture. The Company issued
      the Notes under an Indenture dated as of March 1, 2021 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture. The Notes are subject to all such terms, and Holders are
      referred to the Indenture for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The

   

  
    A-2 

    
      
 

  

   

  Notes are unsecured obligations of the Company. The Indenture does not limit the aggregate
      principal amount of Notes that may be issued thereunder.

   

  (5)       Optional Redemption.

   

  (a)       At any time prior to February 15, 2024, the Company may on any one or
      more occasions redeem up to 35% of the original aggregate principal amount of Notes issued under the Indenture (calculated after giving effect to any Issuance of Additional Notes), upon not less than 30 nor more than 60 days’ notice, at a redemption
      price equal to 105.125% of the principal amount of the Notes redeemed, plus accrued and unpaid interest to the redemption date (subject to the rights of Holders of Notes on the relevant record date to receive interest on the relevant Interest Payment
      Date), with an amount of cash no greater than the net proceeds from all Equity Offerings by the Company since the Issue Date; provided that:

   

  (i)       at least 65% (calculated after giving effect to any issuance of Additional
      Notes) of the original aggregate principal amount of Notes issued under the Indenture (excluding Notes held by the Company and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and

   

  (ii)     the redemption occurs within 120 days of the date of the closing of such
      Equity Offering.

   

  (b)       At any time prior to February 15, 2024, the Company may on any one or
      more occasions redeem all or a part of the Notes, upon not less than 30 nor more than 60 days’ notice, at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid
      interest to the redemption date, subject to the rights of Holders of the Notes on the relevant record date to receive interest due on the relevant Interest Payment Date.

   

  (c)       Except pursuant to the preceding paragraphs, the Notes will not be
      redeemable at the Company’s option prior to February 15, 2024.

   

  (d)       On or after February 15, 2024, the Company may on any one or more
      occasions redeem all or a part of the Notes, upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if
      any, on the Notes redeemed, to (but excluding) the applicable redemption date, if redeemed during the twelve-month period beginning on

   

  
    A-3 

    
      
 

  

   

  February 15 of the years indicated below, subject to the rights of Holders on the
      relevant record date to receive interest on the relevant Interest Payment Date:

   

  	Year	Percentage
	2024 	102.563%
	2025 	101.281%
	2026 and thereafter 	100.000%

   

  Unless the Company defaults in the payment of the redemption price, interest will cease to accrue on
      the Notes or portions thereof called for redemption on the applicable redemption date. The Company shall calculate the redemption price.

   

  (6)       Mandatory Redemption. The
      Company is not required to make mandatory redemption or sinking fund payments with respect to the Notes.

   

  (7)       Repurchase at the Option of Holder.

   

  (a)       Upon the occurrence of a Change of Control, the Company will be required
      to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s Notes at a purchase price in cash equal to 101% of the aggregate
      principal amount of Notes repurchased, plus accrued and unpaid interest, if any, on the Notes repurchased to (but excluding) the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the
      relevant interest payment date (the “Change of Control Payment”). No later than 30 days following any Change of Control, the Company will send a notice to each Holder setting forth the procedures governing the Change of Control Offer as
      required by the Indenture.

   

  (b)       If the Company or a Restricted Subsidiary of the Company consummates any
      Asset Sales, within five days of each date on which the aggregate amount of Excess Proceeds exceeds $50.0 million, the Company will make an Asset Sale Offer to all Holders of Notes and all holders of other Indebtedness that is pari passu with
      the Notes containing provisions similar to those set forth in the Indenture with respect to offers to purchase, prepay or redeem with the proceeds of sales of assets in accordance with the Indenture to purchase, prepay or redeem the maximum principal
      amount of Notes and such other pari passu Indebtedness (plus all accrued interest on the Indebtedness and the amount of all fees and expenses, including premiums, incurred in connection therewith) that may be purchased, prepaid or redeemed
      out of the Excess Proceeds. The offer price in any Asset Sale Offer will be equal to 100% of the principal amount, plus accrued and unpaid interest, if any, to the date of purchase, prepayment or redemption, subject to the rights of Holders of Notes
      on the relevant record date to receive interest due on the relevant interest payment date, and will be payable in cash. If any Excess Proceeds remain after consummation of an Asset Sale Offer, the Company may use those Excess Proceeds for any purpose
      not otherwise prohibited by the Indenture. If the aggregate principal amount of Notes and other pari passu Indebtedness tendered in (or required to be prepaid or redeemed in connection with) such Asset Sale Offer exceeds the amount of Excess
      Proceeds, the Trustee will select the Notes and the applicable agent shall select such other pari passu Indebtedness to be purchased on a pro rata basis (or, in the case of Notes issued in global form, in accordance with the
      applicable procedures of DTC), based on the amounts tendered or required to be prepaid or redeemed. Upon completion of each Asset Sale Offer, the amount of Excess Proceeds will be reset at zero. Holders of Notes that are the subject of an offer to
      purchase will receive an Asset Sale Offer from the Company prior to any related purchase date and may elect to have such Notes

   

  
    A-4 

    
      
 

  

   

  purchased by completing the form entitled “Option of Holder to Elect Purchase”
      attached to the Notes.

   

  (8)       Notice of Redemption. At least
      30 days but not more than 60 days before a redemption date, the Company will mail or cause to be mailed, by first-class mail (or, in the case of Notes issued in global form, electronic transmission), a notice of redemption to each Holder whose Notes
      are to be redeemed at its registered address, except that redemption notices may be mailed (or electronically transmitted to DTC) more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a
      satisfaction and discharge of the Indenture pursuant to Articles 8 or 11 thereof. Notes and portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be
      redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased.

   

  In connection with any redemption of the Notes (including with the net cash proceeds of an
      Equity Offering), any such redemption may, at the Company’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of a sale of common stock or other corporate transaction (including any related Equity
      Offering). In addition, if such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice shall state that, in the Company’s discretion, the redemption date may be delayed until such time as any or all such
      conditions shall be satisfied, or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the redemption date, or by the redemption date so delayed.

   

  (9)       Denominations, Transfer, Exchange.
      The Notes are in registered form in denominations of $2,000 and integral multiples of $1,000 in excess thereof. The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture. The Registrar and the Trustee may require
      a Holder, among other things, to furnish appropriate endorsements and transfer documents and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Indenture. The Company need not exchange or register the
      transfer of any Note or portion of a Note selected for redemption, except for the unredeemed portion of any Note being redeemed in part. Also, the Company need not exchange or register the transfer of any Notes for a period of 15 days before a
      selection of Notes to be redeemed or during the period between a record date and the next succeeding Interest Payment Date.

   

  (10)       Persons Deemed Owners. The
      registered Holder of a Note may be treated as the owner of it for all purposes. Only registered Holders have rights under the Indenture.

   

  (11)       Amendment, Supplement and Waiver.
      Subject to certain exceptions, the Indenture, the Notes or the Note Guarantees may be amended or supplemented with the consent of the Holders of at least a majority in aggregate principal amount of the then outstanding Notes including Additional
      Notes, if any, voting as a single class, and any existing Default or Event of Default or compliance with any provision of the Indenture, the Notes or the Note Guarantees may be waived with the consent of the Holders of a majority in aggregate
      principal amount of the then outstanding Notes including Additional Notes, if any, voting as a single class. Without the consent of any Holder of Notes, the Indenture, the Notes or the Note Guarantees may be amended or supplemented to cure any
      ambiguity, defect or inconsistency, to provide for the assumption of the Company’s or a Guarantor’s obligations to Holders of the Notes and Note Guarantees by a successor to the Company or such Guarantor pursuant to the Indenture, to make any change
      that would provide any additional rights or benefits to the Holders of the Notes or that does not adversely affect the legal rights under the Indenture of any Holder, to comply with the requirements of the SEC in order to effect or maintain the
      qualification of the Indenture under the TIA, to conform the text of the Indenture, the Notes, or the Note Guarantees to any provision of the “Description of Notes” section of the Company’s Offering Circular, to the extent that such provision in

   

  
    A-5 

    
      
 

  

   

  that “Description of Notes” was intended to be a verbatim recitation of a provision of the
      Indenture, the Notes, or the Note Guarantees, which intent may be evidenced by an Officer’s Certificate to that effect, to provide for the issuance of Additional Notes in accordance with the limitations set forth in the Indenture, or to allow any
      Guarantor to execute a supplemental indenture to the Indenture and/or a Note Guarantee with respect to the Notes.

   

  (12)       Defaults and Remedies. Events
      of Default include: (i) default for 30 days in the payment when due of interest on the Notes; (ii) default in the payment when due (at maturity, upon redemption or otherwise) of the principal of, or premium on, if any, the Notes, (iii) failure by the
      Company or any of its Restricted Subsidiaries to comply with the provisions of Section 5.01 of the Indenture; (iv) failure by the Company or any of its Restricted Subsidiaries for 30 days after notice to the Company by the Trustee or the Holders of
      at least 25% in aggregate principal amount of the Notes then outstanding voting as a single class to comply with the provisions of Sections 4.10 or 4.15 of the Indenture; (v) failure by the Company or any of its Restricted Subsidiaries for 60 days
      after notice to the Company by the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding voting as a single class to comply with any of the other agreements in the Indenture; (vi) default under certain
      other agreements relating to Indebtedness of the Company which default is a Payment Default or results in the acceleration of such Indebtedness prior to its express maturity; (vii) failure by the Company or any Significant Subsidiary or any group of
      its Restricted Subsidiaries that, taken together (as of the date of the latest audited consolidated financial statements of the Company and its Restricted Subsidiaries), would constitute a Significant Subsidiary, to pay final judgments (net of any
      amounts covered by insurance policies issued by a reputable and creditworthy insurance company that is not contesting liability for such amounts) entered by a court or courts of competent jurisdiction aggregating in excess of $50.0 million, which
      judgments are not paid, discharged or stayed, for a period of 60 days; (viii) except as permitted by the Indenture, any Note Guarantee of a Significant Subsidiary or any group of Guarantors that, taken together (as of the date of the latest audited
      consolidated financial statements of the Company and its Restricted Subsidiaries), would constitute a Significant Subsidiary, is held in any judicial proceeding to be unenforceable or invalid or ceases for any reason to be in full force and effect,
      or any Guarantor that is a Significant Subsidiary or any group of Guarantors that, taken together (as of the date of the latest audited consolidated financial statements of the Company and its Restricted Subsidiaries), would constitute a Significant
      Subsidiary, or any Person acting on behalf of any such Guarantor, denies or disaffirms its obligations under its Note Guarantee; and (ix) certain events of bankruptcy or insolvency with respect to the Company or any of its Restricted Subsidiaries
      that is a Significant subsidiary or any group of Restricted subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary. In the case of an Event of Default arising from certain events of bankruptcy or insolvency with
      respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will
      become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the
      Notes to be due and payable immediately. Holders may not enforce the Indenture or the Notes except as provided in the Indenture. Subject to certain limitations, Holders of a majority in aggregate principal amount of the then outstanding Notes may
      direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on it. The Trustee may withhold from Holders of the Notes notice of any continuing Default or
      Event of Default (except a Default or Event of Default relating to the payment of principal, premium, if any, or interest) if it determines that withholding notice is in their interest. The Holders of a majority in aggregate principal amount of the
      then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration or waive an existing Default or Event of Default and its respective consequences under the Indenture except a
      continuing Default or Event of Default in the payment of principal of, premium on, if any, interest on the Notes (including in

   

  
    A-6 

    
      
 

  

   

  connection with an offer to purchase). The Company is required to deliver to the Trustee annually
      a statement regarding compliance with the Indenture, and the Company is required, upon becoming aware of any Default or Event of Default, to deliver to the Trustee a statement specifying such Default or Event of Default.

   

  (13)       Trustee Dealings with Company.
      The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee.

   

  (14)       No Recourse Against Others.
      No director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, the Indenture, the Note Guarantees or for any claim
      based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver
      may not be effective to waive liabilities under the federal securities laws.

   

  (15)       Authentication. This Note
      will not be valid until authenticated by the manual, facsimile or electronic signature of the Trustee or an authenticating agent.

   

  (16)       Abbreviations. Customary
      abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and
      U/G/M/A (= Uniform Gifts to Minors Act).

   

  (18)       CUSIP Numbers. Pursuant to a
      recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused CUSIP numbers to be printed on the Notes, and the Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders. No
      representation is made as to the accuracy of such numbers either as printed on the Notes or as contained in any notice of redemption, and reliance may be placed only on the other identification numbers placed thereon.

   

  (19)       GOVERNING LAW. THE INTERNAL
      LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THE INDENTURE, THIS NOTE AND THE NOTE GUARANTEES WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER
      JURISDICTION WOULD BE REQUIRED THEREBY.

   

  The Company and each Guarantor hereby irrevocably submits to the jurisdiction of any New York
      State court sitting in the Borough of Manhattan in the City of New York or any federal court sitting in the Borough of Manhattan in the City of New York in respect of any suit, action or proceeding arising out of or relating to the Indenture, the
      Guarantees and the Notes, and irrevocably accepts for itself and in respect of its property, generally and unconditionally, jurisdiction of the aforesaid courts.

   

  
    A-7 

    
      
 

  

   

  The Company will furnish to any Holder upon written request and without charge a copy of the
      Indenture. Requests may be made to:

   

  Coeur Mining, Inc.,

      104 S. Michigan Avenue, Suite 900

  Chicago, Illinois 60603

      Facsimile No.: (312) 489-5899

      Attention: General Counsel

   

  
    A-8 

    
      
 

  

   

  Assignment Form

   

  To assign this Note, fill in the form below:

   

  	(I) or (we) assign and transfer this Note to:	 
	 	(Insert assignee’s legal name)

   

  

  	(Insert assignee’s soc. sec. or tax I.D. no.)
	 
	 
	 
	 
	(Print or type assignee’s name, address and zip code)

  

   

  

  	and irrevocably appoint	 
	to transfer this Note on the books of the Company. The agent may substitute another to act for him.

   

  	Date:	 	 

   

  

  	Your Signature:	 
	(Sign exactly as your name appears on the face of this Note)

  

   

  

  	Signature Guarantee*: 	 	 

   

  

  *       Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
      acceptable to the Trustee).

   

  
    A-9 

    
      
 

  

   

  Option of Holder to Elect Purchase

   

  If you want to elect to have this Note purchased by the Company pursuant to Section 4.10 or
      Section 4.15 of the Indenture, check the appropriate box below:

   

  

  	☐  Section 4.10	 	  ☐ Section 4.15

    

  If you want to elect to have only part of the Note purchased by the Company pursuant to
      Section 4.10 or Section 4.15 of the Indenture, state the amount you elect to have purchased:

   

  		$	 	

   

  

  	Date:	 	 

   

  

  	Your Signature:	 
	(Sign exactly as your name appears on the face of this Note)

   

  

  	Tax Identification No.:	 
	 

    

  	Signature Guarantee*: 	 	 

   

  *       Participant in a recognized Signature Guarantee Medallion Program (or other signature
      guarantor acceptable to the Trustee).

   

  
    A-10 

    
      
 

  

   

  Schedule of Exchanges of Interests in the Global Note *

   

  The following exchanges of a part of this Global Note for an interest in another Global Note
      or for a Definitive Note, or exchanges of a part of another Global Note or Definitive Note for an interest in this Global Note, have been made:

   

  	Date of Exchange	Amount of

            decrease in 

            Principal Amount 

            of 

            this Global Note	Amount of 

            increase in 

            Principal Amount 

            of 

            this Global Note	Principal Amount 

            of this Global Note 

            following such 

            decrease 

            (or increase)	
          Signature of

          authorized officer 

              of Trustee or 

              Custodian

        
	 	 	 	 	 

   

  *       This schedule should be included only if the Note is issued in global form.

   

  
    A-11 

    
      
 

  

  
   

  EXHIBIT B

   

  FORM OF CERTIFICATE OF TRANSFER

   

  Coeur Mining, Inc.

      104 S. Michigan Avenue, Suite 900

  Chicago, Illinois 60603

      Facsimile No.: (312) 489-5899

      Attention: General Counsel

   

  The Bank of New York Mellon

  500 Ross Street, 12th Floor

  Pittsburgh, Pennsylvania 15262

      

      Facsimile No.: (412) 234-8377

      Attention: Corporate Trust Administration

   

  Re:  5.125% Senior Notes Due 2029

   

  Reference is hereby made to the Indenture, dated as of March 1, 2021 (the “Indenture”),
      among Coeur Mining, Inc., as issuer (the “Company”), the Guarantors party thereto and The Bank of New York Mellon, as Trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture.

   

  ___________________, (the “Transferor”) owns and proposes to transfer the Note[s] or
      interest in such Note[s] specified in Annex A hereto, in the principal amount of $___________ in such Note[s] or interests (the “Transfer”), to ___________________________ (the “Transferee”), as further specified in Annex A hereto. In
      connection with the Transfer, the Transferor hereby certifies that:

   

  [CHECK ALL THAT APPLY]

   

  1. ☐  Check if Transferee will take delivery of a beneficial interest in the 144A
          Global Note or a Restricted Definitive Note pursuant to Rule 144A. The Transfer is being effected pursuant to and in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and, accordingly,
      the Transferor hereby further certifies that the beneficial interest or Definitive Note is being transferred to a Person that the Transferor reasonably believes is purchasing the beneficial interest or Definitive Note for its own account, or for one
      or more accounts with respect to which such Person exercises sole investment discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule 144A in a transaction meeting the requirements of Rule
      144A, and such Transfer is in compliance with any applicable blue sky securities laws of any state of the United States. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or
      Definitive Note will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the 144A Global Note and/or the Restricted Definitive Note and in the Indenture and the Securities Act.

   

  2. ☐  Check if Transferee will take delivery of a beneficial interest in the
          Regulation S Global Note or a Restricted Definitive Note pursuant to Regulation S. The Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and, accordingly, the Transferor hereby
      further certifies that (i) the Transfer is not being made to a Person in the United States and (x) at the time the buy order was originated, the Transferee was outside the United States or such Transferor and any Person acting on its behalf
      reasonably believed and believes that the Transferee was

   

  
    B-1 

    
      
 

  

   

  outside the United States or (y) the transaction was executed in, on or through the facilities of
      a designated offshore securities market and neither such Transferor nor any Person acting on its behalf knows that the transaction was prearranged with a buyer in the United States, (ii) no directed selling efforts have been made in contravention of
      the requirements of Rule 903(b) or Rule 904(b) of Regulation S under the Securities Act, (iii) the transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act and (iv) if the proposed transfer is being
      made prior to the expiration of the Restricted Period, the transfer is not being made to a U.S. Person or for the account or benefit of a U.S. Person (other than an Initial Purchaser). Upon consummation of the proposed transfer in accordance with the
      terms of the Indenture, the transferred beneficial interest or Definitive Note will be subject to the restrictions on Transfer enumerated in the Private Placement Legend printed on the Regulation S Global Note, and/or the Restricted Definitive Note
      and in the Indenture and the Securities Act.

   

  3. ☐  Check and complete if Transferee will take delivery of a beneficial interest in
          the IAI Global Note or a Restricted Definitive Note pursuant to any provision of the Securities Act other than Rule 144A or Regulation S. The Transfer is being effected in compliance with the transfer restrictions applicable to beneficial
      interests in Restricted Global Notes and Restricted Definitive Notes and pursuant to and in accordance with the Securities Act and any applicable blue sky securities laws of any state of the United States, and accordingly the Transferor hereby
      further certifies that (check one):

   

  (a)        ☐   such Transfer is being effected pursuant to and in accordance with
      Rule 144 under the Securities Act;

   

  or

   

  (b)       ☐   such Transfer is being effected to the Company or a subsidiary
      thereof;

   

  or

   

  (c)       ☐   such Transfer is being effected pursuant to an effective registration
      statement under the Securities Act and in compliance with the prospectus delivery requirements of the Securities Act;

   

  or

   

  (d)       ☐   such Transfer is being effected to an
      Institutional Accredited Investor and pursuant to an exemption from the registration requirements of the Securities Act other than Rule 144A, Rule 144, Rule 903 or Rule 904, and the Transferor hereby further certifies that it has not engaged in any
      general solicitation within the meaning of Regulation D under the Securities Act and the Transfer complies with the transfer restrictions applicable to beneficial interests in a Restricted Global Note or Restricted Definitive Notes and the
      requirements of the exemption claimed, which certification is supported by (1) a certificate executed by the Transferee in the form of Exhibit D to the Indenture and (2) an Opinion of Counsel provided by the Transferor or the Transferee (a copy of
      which the Transferor has attached to this certification), to the effect that such Transfer is in compliance with the Securities Act. Upon consummation of the proposed transfer in accordance with the terms of the Indenture, the transferred beneficial
      interest or Definitive Note will be subject to the restrictions on transfer enumerated in the Private Placement

   

  
    B-2 

    
      
 

  

   

  Legend printed on the IAI Global Note and/or the Restricted
      Definitive Notes and in the Indenture and the Securities Act.

   

  4. ☐   Check if Transferee will take delivery of a beneficial interest in an
          Unrestricted Global Note or of an Unrestricted Definitive Note.

   

  (a)  ☐   Check if Transfer is pursuant to Rule 144. (i) The Transfer is being effected
      pursuant to and in accordance with Rule 144 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any state of the United States and (ii) the restrictions
      on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the
      transferred beneficial interest or Definitive Note will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on Restricted Definitive Notes and in the Indenture.

   

  (b) ☐   Check if Transfer is Pursuant to Regulation S. (i) The Transfer is being
      effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any state of the United States and
      (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the
      Indenture, the transferred beneficial interest or Definitive Note will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on Restricted Definitive Notes and in the
      Indenture.

   

  (c) ☐   Check if Transfer is Pursuant to Other Exemption. (i) The Transfer is being
      effected pursuant to and in compliance with an exemption from the registration requirements of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the transfer restrictions contained in the Indenture and any applicable
      blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation
      of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Note will not be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted
      Global Notes or Restricted Definitive Notes and in the Indenture.

   

  This certificate and the statements contained herein are made for your benefit and the
      benefit of the Company.

   

  

  

  	 	 	[Insert Name of Transferor]
	 	 	 
	 	By:	 

   

  
    B-3 

    
      
 

  

   

  	 	 	 	Name:
	 	 	 	Title:
	Dated:	 	 	 

  

   

  

  	Signature Guarantee*: 	 	 

   

  *       Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
      acceptable to the Trustee).

   

  
    B-4 

    
      
 

  

   

  ANNEX A TO CERTIFICATE OF TRANSFER

   

  1.       The Transferor owns and proposes to transfer the following:

   

  [CHECK ONE OF (a) OR (b)]

   

  (a)       ☐   a beneficial interest in the:

   

  (i)        ☐   144A Global Note (CUSIP _________), or

   

  (ii)       ☐   Regulation S Global Note (CUSIP _________), or

   

  (iii)      ☐   IAI Global Note (CUSIP _________); or

   

  (b)   ☐   a Restricted Definitive Note.

   

  2.       After the Transfer the Transferee will hold:

   

  [CHECK ONE]

   

  (a)   ☐   a beneficial interest in the:

   

  (i)       ☐   144A Global Note (CUSIP _________), or

   

  (ii)      ☐   Regulation S Global Note (CUSIP _________), or

   

  (iii)     ☐   IAI Global Note (CUSIP _________); or

   

  (iv)     ☐   Unrestricted Global Note (CUSIP _________); or

   

  (b)   ☐  a Restricted Definitive Note; or

   

  (c)   ☐  an Unrestricted Definitive Note,

   

  in accordance with the terms of the Indenture.

   

  
    B-5 

    
      
 

  

  
   

  EXHIBIT C

   

  FORM OF CERTIFICATE OF EXCHANGE

   

  

      Coeur Mining, Inc.

      104 S. Michigan Avenue, Suite 900

  Chicago, Illinois 60603

      Facsimile No.: (312) 489-5899

      Attention: General Counsel

   

  The Bank of New York Mellon

  500 Ross Street, 12th Floor

  Pittsburgh, Pennsylvania 15262

      Facsimile No.: (412) 234-8377

      Attention: Corporate Trust Administration

   

  Re:   5.125% Senior Notes Due 2029

   

  (CUSIP [           ])

   

  Reference is hereby made to the Indenture, dated as of March 1, 2021 (the “Indenture”),
      among Coeur Mining, Inc., a Delaware corporation, as issuer (the “Company”), the Guarantors party thereto and The Bank of New York Mellon, as trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the
      Indenture.

   

  __________________________, (the “Owner”) owns and proposes to exchange the Note[s] or
      interest in such Note[s] specified herein, in the principal amount of $____________ in such Note[s] or interests (the “Exchange”). In connection with the Exchange, the Owner hereby certifies that:

   

  1.       Exchange of Restricted Definitive Notes or Beneficial Interests in a
          Restricted Global Note for Unrestricted Definitive Notes or Beneficial Interests in an Unrestricted Global Note

   

  (a) ☐ Check if Exchange is from beneficial interest in a Restricted Global Note to
        beneficial interest in an Unrestricted Global Note. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for a beneficial interest in an Unrestricted Global Note in an equal principal amount, the Owner
      hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Global Notes and pursuant to and in
      accordance with the Securities Act of 1933, as amended (the “Securities Act”), (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities
      Act and (iv) the beneficial interest in an Unrestricted Global Note is being acquired in compliance with any applicable blue sky securities laws of any state of the United States.

   

  (b) ☐ Check if Exchange is from beneficial interest in a Restricted Global Note to
        Unrestricted Definitive Note. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the Definitive Note is being acquired for the
      Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Restricted Global Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions on
      transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Definitive Note is being acquired in compliance with any applicable blue sky securities laws of
      any state of the United States.

   

  (c) ☐ Check if Exchange is from Restricted Definitive Note to beneficial interest in an
        Unrestricted Global Note. In connection with the Owner’s Exchange of a Restricted Definitive Note for a beneficial interest in an Unrestricted Global Note, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s
      own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer
      contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest is being acquired in compliance with any applicable blue sky securities laws of any
      state of the United States.

   

  (d) ☐ Check if Exchange is from Restricted Definitive Note to Unrestricted Definitive
        Note. In connection with the Owner’s Exchange of a Restricted Definitive Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the Unrestricted Definitive Note is being acquired for the Owner’s own account without transfer,
      (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and
      the Private Placement Legend are not required in order to maintain compliance with the

   

  
    C-1 

    
      
 

  

   

  Securities Act and (iv) the Unrestricted Definitive Note is being acquired in compliance with any
      applicable blue sky securities laws of any state of the United States.

   

  2.       Exchange of Restricted Definitive Notes or Beneficial Interests in Restricted
          Global Notes for Restricted Definitive Notes or Beneficial Interests in Restricted Global Notes

   

  (a) ☐ Check if Exchange is from beneficial interest in a Restricted Global Note to
        Restricted Definitive Note. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for a Restricted Definitive Note with an equal principal amount, the Owner hereby certifies that the Restricted
      Definitive Note is being acquired for the Owner’s own account without transfer. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the Restricted Definitive Note issued will continue to be subject to the
      restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Definitive Note and in the Indenture and the Securities Act.

   

  (b) ☐ Check if Exchange is from Restricted Definitive Note to beneficial interest in a
        Restricted Global Note. In connection with the Exchange of the Owner’s Restricted Definitive Note for a beneficial interest in the [CHECK ONE] ☐ 144A Global Note,☐ Regulation S Global Note, ☐ IAI Global Note with an equal principal amount, the
      Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer and (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Restricted Global Notes and
      pursuant to and in accordance with the Securities Act, and in compliance with any applicable blue sky securities laws of any state of the United States. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the
      beneficial interest issued will be subject to the restrictions on transfer enumerated in

   

  
    C-2 

    
      
 

  

   

  the Private Placement Legend printed on the relevant Restricted Global Note and in the Indenture
      and the Securities Act.

   

  This certificate and the statements contained herein are made for your benefit and the
      benefit of the Company.

   

  

  	 	 	[Insert Name of Transferor]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

    

  

  

  	Dated:	 	 

   

  	Signature Guarantee*: 	 	 

  

   

  *       Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
      acceptable to the Trustee).

   

  
    C-3 

    
      
 

  

  
   

  EXHIBIT D

   

  FORM OF CERTIFICATE FROM

      ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR

   

  Coeur Mining, Inc.

      104 S. Michigan Avenue, Suite 900

  Chicago, Illinois 60603

      Facsimile No.: (312) 489-5899

      Attention: General Counsel

   

  The Bank of New York Mellon

  500 Ross Street, 12th Floor

  Pittsburgh, Pennsylvania 15262

      Facsimile No.: (412) 234-8377

      Attention: Corporate Trust Administration

   

  Re:  5.125% Senior Notes Due 2029

   

  Reference is hereby made to the Indenture, dated as of March 1, 2021 (the “Indenture”),
      among Coeur Mining, Inc., a Delaware corporation, as issuer (the “Company”), the Guarantors party thereto and The Bank of New York Mellon, as trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the
      Indenture.

   

  In connection with our proposed purchase of $____________ aggregate principal amount of:

   

  (a) ☐ a beneficial interest in a Global Note, or

   

  (b) ☐ a Definitive Note,

   

  we confirm that:

   

  1.       We understand that any subsequent transfer of the Notes or any interest therein is
      subject to certain restrictions and conditions set forth in the Indenture and the undersigned agrees to be bound by, and not to resell, pledge or otherwise transfer the Notes or any interest therein except in compliance with, such restrictions and
      conditions and the Securities Act of 1933, as amended (the “Securities Act”).

   

  2.       We understand that the offer and sale of the Notes have not been registered under
      the Securities Act, and that the Notes and any interest therein may not be offered or sold except as permitted in the following sentence. We agree, on our own behalf and on behalf of any accounts for which we are acting as hereinafter stated, that if
      we should sell the Notes or any interest therein, we will do so only (A) to the Company or any subsidiary thereof, (B) in accordance with Rule 144A under the Securities Act to a “qualified institutional buyer” (as defined therein), (C) to an
      institutional “accredited investor” (as defined below) that, prior to such transfer, furnishes (or has furnished on its behalf by a U.S. broker-dealer) to you and to the Company a signed letter substantially in the form of this letter and an Opinion
      of Counsel in form reasonably acceptable to the Company to the effect that such transfer is in compliance with the Securities Act, (D) outside the United States in accordance with Rule 904 of Regulation S under the Securities Act, (E) pursuant to the
      provisions of Rule 144 under the Securities Act or (F) pursuant to an effective registration statement under the Securities Act, and we further agree to provide to any Person purchasing the Definitive Note or beneficial interest in a Global Note from
      us in a transaction meeting the

   

  
    D-1 

    
      
 

  

   

  requirements of clauses (A) through (E) of this paragraph a notice advising such purchaser that
      resales thereof are restricted as stated herein.

   

  3.       We understand that, on any proposed resale of the Notes or beneficial interest
      therein, we will be required to furnish to you and the Company such certifications, legal opinions and other information as you and the Company may reasonably require to confirm that the proposed sale complies with the foregoing restrictions. We
      further understand that the Notes purchased by us will bear a legend to the foregoing effect.

   

  4.       We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2),
      (3) or (7) of Regulation D under the Securities Act) and have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of our investment in the Notes, and we and any accounts for which we are
      acting are each able to bear the economic risk of our or its investment.

   

  5.       We are acquiring the Notes or beneficial interest therein purchased by us for our
      own account or for one or more accounts (each of which is an institutional “accredited investor”) as to each of which we exercise sole investment discretion.

   

  You and the Company are entitled to rely upon this letter and are irrevocably authorized to
      produce this letter or a copy hereof to any interested party in any administrative or legal proceedings or official inquiry with respect to the matters covered hereby.

   

  

  	 	 	[Insert Name of Accredited Investor]
	 	 	 
	 	By: 	 
	 	 	Name:
	 	 	Title:

   

  

  	Dated:	 	 

   

  

  	Signature Guarantee*: 	 	 

  

   

  *       Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
      acceptable to the Trustee).

   

  
    D-2 

    
      
 

  

  
   

  EXHIBIT E

   

  FORM OF NOTATION OF GUARANTEE

   

  For value received, each Guarantor (which term includes any successor Person under the
      Indenture) has, jointly and severally, unconditionally guaranteed, to the extent set forth in the Indenture and subject to the provisions in the Indenture dated as of March 1, 2021 (the “Indenture”) among Coeur Mining, Inc., a Delaware
      corporation (the “Company”), the Guarantors party thereto and The Bank of New York Mellon, as trustee (the “Trustee”), (a) the due and punctual payment of the principal of, premium on, if any, and interest on, the Notes, whether at
      maturity, by acceleration, redemption or otherwise, the due and punctual payment of interest on overdue principal of, premium on, if any, and interest on, the Notes, if any, if lawful, and the due and punctual performance of all other obligations of
      the Company to the Holders or the Trustee all in accordance with the terms of the Indenture and (b) in case of any extension of time of payment or renewal of any Notes or any of such other obligations, that the same will be promptly paid in full when
      due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or otherwise. The obligations of the Guarantors to the Holders of Notes and to the Trustee pursuant to the Note Guarantee and the
      Indenture are expressly set forth in Article 10 of the Indenture and reference is hereby made to the Indenture for the precise terms of the Note Guarantee.

   

  Capitalized terms used but not defined herein have the meanings given to them in the
      Indenture.

   

  

  	 	[NAME OF GUARANTOR(S)]
	 	 	 
	 	By: 	
	 	 	Name:
	 	 	Title:

   

  
    E-1 

    
      
 

  

  
   

  EXHIBIT F

   

  FORM OF SUPPLEMENTAL INDENTURE

      TO BE DELIVERED BY SUBSEQUENT GUARANTORS

   

  Supplemental Indenture (this “Supplemental Indenture”), dated as of ________________, among __________________ (the “Guaranteeing Subsidiary”), a subsidiary of Coeur Mining, Inc. (or its permitted successor), a Delaware
      corporation (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to herein) and The Bank of New York Mellon, as trustee under the Indenture referred to below (the “Trustee”).

   

  W I T N E S S E T H

   

  WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture (the “Indenture”),
      dated as of March 1, 2021 providing for the issuance of 5.125% Senior Notes due 2029 (the “Notes”);

   

  WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary
      shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Company’s Obligations under the Notes and the Indenture on the terms and conditions set forth
      herein (the “Note Guarantee”); and

   

  WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and
      deliver this Supplemental Indenture.

   

  NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
      consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

   

  1.       Capitalized Terms. Capitalized terms
      used herein without definition shall have the meanings assigned to them in the Indenture.

   

  2.       Agreement to Guarantee. The
      Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.

   

  4.       No Recourse Against Others. No
      director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, this Indenture, the Note Guarantees or for any claim
      based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver
      may not be effective to waive liabilities under the federal securities laws.

   

  5.       NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND
      BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE

   

  
    F-1 

    
      
 

  

   

  EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

   

  6.       Counterparts. The parties may sign any
      number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.

   

  7.       Effect of Headings. The Section
      headings herein are for convenience only and shall not affect the construction hereof.

   

  8.       The Trustee. The Trustee shall not be
      responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the
      Company.

   

  
    F-2 

    
      
 

  

   

  IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
      executed and attested, all as of the date first above written.

   

  

  	Dated:_____________________________________,

   

  	 	[Guaranteeing Subsidiary]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	Coeur Mining, Inc.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	[Existing Guarantors]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	The Bank of New York Mellon,
	 	as Trustee
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

   

  
    F-3Exhibit 10.1 

    

   

    

  

  FIFTH AMENDMENT TO CREDIT AGREEMENT

   

  THIS FIFTH AMENDMENT TO CREDIT AGREEMENT, dated as of March 1, 2021
      (this “Amendment”), is entered into among Coeur Mining, Inc., a Delaware corporation (the “Borrower”), the Guarantors, the Lenders party hereto and Bank of America, N.A., as Administrative Agent (in such capacity, the “Administrative
        Agent”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Credit Agreement (as defined below and as amended by this Amendment).

   

  RECITALS

   

  A.            The Borrower, the Guarantors, the Lenders and the
      Administrative Agent entered into that certain Credit Agreement, dated as of September 29, 2017 (as amended by that certain First Amendment to Credit Agreement dated as of October 29, 2018, as further amended by that certain Second Amended to Credit
      Agreement dated as of April 30, 2019, as further amended by that certain Third Amendment to Credit Agreement dated as of August 6, 2019, as further amended by that certain First Incremental Facility Amendment dated as of December 14, 2020 and as
      further amended, restated, supplemented or otherwise modified, the “Credit Agreement”).

   

  B.            The parties hereto have agreed to amend the Credit
      Agreement as provided herein.

   

  C.            In consideration of the agreements hereinafter set forth,
      and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows.

   

  AGREEMENT

   

  1.             Amendments. Upon the effectiveness of this
      Amendment, the Credit Agreement is amended in its entirety to read in the form attached hereto as Exhibit A.

   

  2.             Effectiveness; Conditions Precedent. This
      Amendment shall be effective as of the date hereof when all of the conditions set forth in this Section 2 shall have been satisfied in form and substance reasonably satisfactory to the Administrative Agent.

   

  (a)    Execution and Delivery of Amendment. The
      Administrative Agent shall have received copies of this Amendment duly executed by the Loan Parties, each Lender and the Administrative Agent.

   

  (b)    Opinion of Counsel. The Administrative Agent
      shall have received a favorable opinion of legal counsel (including appropriate local counsel) to the Loan Parties, addressed to the Administrative Agent and each Lender, dated as of the date hereof, in form and substance reasonably satisfactory to
      the Administrative Agent.

   

  (c)    Organization Documents, Resolutions, Etc. The
      Administrative Agent shall have received the following, each in form and substance reasonably satisfactory to the Administrative Agent:

   

  (i)       copies of the Organization Documents of each Loan Party certified to
      be true and complete as of a recent date by the appropriate Governmental Authority of the state or other jurisdiction of its incorporation or organization, where applicable, and certified by a secretary or assistant secretary of such Loan Party to be
      true and correct as

  
     

    
      
 

  

  
  of the date hereof, or a certification that no change has been made to the
      Organization Documents since the date on which such Organization Documents were most recently delivered to the Administrative Agent;

   

  (ii)       such certificates of resolutions or other action,
      incumbency certificates and/or other certificates of Responsible Officers of each Loan Party as the Administrative Agent may require evidencing the identity, authority and capacity of each Responsible Officer thereof authorized to act as a
      Responsible Officer in connection with this Amendment; and

   

  (iii)       such documents and certifications as the
      Administrative Agent may reasonably require to evidence that each Loan Party is duly organized or formed, and is validly existing, in good standing and qualified to engage in business in its state of organization or formation.

   

  (d)          KYC.

   

  (i)         Upon the reasonable request of any Lender made at
      least five days prior to the date hereof, such Lender shall have received all documentation and other information so requested in connection with applicable “know your customer” and anti-money-laundering rules and regulations, including the PATRIOT
      Act, in each case at least five days prior to the date hereof; and

   

  (ii)        upon the request of any Lender made at least five
      days prior to the date hereof, if the Borrower qualifies as a “legal entity customer” under the Beneficial Ownership Regulation, such Lender shall have received a Beneficial Ownership Certification in relation to the Borrower.

   

  (e)          Refinancing of Senior Notes.

   

  (i)        The Borrower shall have issued (or shall issue,
      substantially concurrently with the date hereof) the Senior Notes.

   

  (ii)       (x) Prior to the date hereof, the Borrower shall have
      conducted an offer to purchase for cash (the “Tender Offer”) any and all of the outstanding Existing Senior Notes and (y) on or prior to the date hereof, the Borrower shall have provided, or shall on the date hereof be providing, notice to the
      trustee for the Existing Senior Notes that the Borrower has accepted for payment all Existing Senior Notes tendered in connection with the Tender Offer.

   

  (f)          Lender Fees. The Borrower shall have paid
      to the Administrative Agent for the account of each Lender the agreed amendment fees.

   

  (g)        Fees and Expenses. The Borrower shall have paid all fees and expenses owed by the Borrower to the Administrative Agent and the
      Arranger including all reasonable and documented fees, charges and disbursements of counsel to the Administrative Agent or the Arranger (directly to such counsel if requested by the Administrative Agent or the Arranger) to the extent payable pursuant
      to the Loan Documents and invoiced prior to the date hereof, plus such additional amounts of such fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it
      through the date

  
    2 

    
      
 

  

   

  hereof (provided that such estimate shall not thereafter preclude a final
      settling of accounts between the Borrower and the Administrative Agent or the Arranger).

   

  3.             Ratification of Credit Agreement. Each Loan Party
      acknowledges and consents to the terms set forth herein and agrees that this Amendment does not impair, reduce or limit any of its obligations under the Loan Documents. This Amendment is a Loan Document.

   

  4.             Authority/Enforceability. Each Loan Party
      represents and warrants as follows:

   

  (a)       It has taken all necessary action to authorize the
      execution, delivery and performance of this Amendment.

   

  (b)       This Amendment has been duly executed and delivered by
      such Loan Party and constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforceability may be limited by applicable Debtor Relief Laws and the availability of equitable remedies.

   

  (c)       No approval, consent, exemption, authorization or
      other action by, or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with the execution, delivery or performance by, or enforcement against, such Loan Party of this Amendment, other than
      (i) those that have already been obtained and are in full force and effect and (ii) those for which the failure to obtain or make could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

   

  (d)       The execution, delivery and performance by such Loan
      Party of this Amendment do not (i) contravene the terms of its Organization Documents or (ii) violate any Law, except in each case as could not reasonably be expected to have a Material Adverse Effect.

   

  5.             Representations and Warranties. Each Loan Party
      represents and warrants to the Lenders that after giving effect to this Amendment (a) the representations and warranties of each Loan Party contained in Article V of the Credit Agreement or any other Loan Document, or which are contained in any
      document furnished at any time under or in connection therewith, are true and correct in all material respects (provided that, in each case, such materiality qualifier shall not be applicable to any representations and warranties to the extent
      they are already modified or qualified by materiality in the text thereof) on and as of the date hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they were true and correct in
      all material respects (provided that, in each case, such materiality qualifier shall not be applicable to any representations and warranties to the extent they are already modified or qualified by materiality in the text thereof) as of such
      earlier date and (b) no event has occurred and is continuing which constitutes a Default or an Event of Default. The undersigned Loan Parties further acknowledge and agree that, as of the date hereof, the Outstanding Amount of the Revolving Loans and
      L/C Obligations constitute valid and subsisting obligations of such Loan Parties to the Lenders that are not subject to any credits, offsets, defenses, claims, counterclaims or adjustments of any kind.

   

  6.             Post-Closing Requirement. Within sixty (60) days
      (or such later date as the Administrative Agent may agree in its sole discretion) of the Fifth Amendment Effective Date, the Loan Parties shall execute and/or deliver such amendments to Mortgages, endorsements to title insurance policies and opinions
      of counsel as may be reasonably requested by the Administrative Agent to account for the modifications to the Credit Agreement effected by this Amendment.

   

  7.             Counterparts/Telecopy. This Amendment may be
      executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which shall constitute one and

  
    3 

    
      
 

  

   

  the same instrument. Delivery of executed counterparts of this Amendment by telecopy or
      other secure electronic format (.pdf) shall be effective as an original.

   

  8.             GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND
      OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

   

  [remainder of page intentionally left blank]

  
    4 

    
      
 

  

   

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

   

  

  	BORROWER:	COEUR MINING, INC.,	 
	 	a Delaware corporation	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Vice President, Tax & Treasurer	 
	 	 	 
	GUARANTORS:	COEUR EXPLORATIONS, INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	COEUR ROCHESTER, INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	COEUR CAPITAL, INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	COEUR ALASKA, INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	COEUR SOUTH AMERICA CORP.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	WHARF RESOURCES (U.S.A.), INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 

   

  FIFTH AMENDMENT TO CREDIT AGREEMENT

    COEUR MINING, INC.

  
     

    
      
 

  

   

  	 	WHARF RESOURCES MANAGEMENT INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	WHARF REWARD MINES INC.	 
	 	 	 
	 	By:	 /s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	WHARF GOLD MINES INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	GOLDEN REWARD MINING COMPANY LIMITED	 
	 	PARTNERSHIP	 
	 	 	 
	 	By: Wharf Gold Mines Inc., its General Partner	 
	 	 	 
	 	By:	 /s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 
	 	 	 
	 	COEUR STERLING HOLDINGS LLC	 
	 	 	 
	 	By: Coeur Mining, Inc., its Sole Member	 
	 	 	 
	 	By:	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Vice President, Tax & Treasurer	 
	 	 	 
	 	STERLING INTERMEDIATE HOLDCO, INC.	 
	 	 	 
	 	By:	 /s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 

   

  FIFTH AMENDMENT TO CREDIT AGREEMENT

    COEUR MINING, INC.

  
     

    
      
 

  

   

  	 	COEUR STERLING, INC.	 
	 	 	 
	 	By: 

          	/s/ Anne Beckelheimer 

        	 
	 	Name: Anne Beckelheimer	 
	 	Title: Treasurer	 

   

  FIFTH AMENDMENT TO CREDIT AGREEMENT

    COEUR MINING, INC.

  
     

    
      
 

  

   

  	ADMINISTRATIVE	 	 
	AGENT:	BANK OF AMERICA, N.A.,	 
	 	as Administrative Agent	 
	 	 	 
	 	By: 

          	/s/ Jonathan M. Phillips 

        	 
	 	Name: Jonathan M. Phillips	 
	 	Title: Senior Vice President	 

   

  FIFTH AMENDMENT TO CREDIT AGREEMENT

    COEUR MINING, INC.

  
     

    
      
 

  

   

  	LENDERS:	BANK OF AMERICA, N.A.,	 
	 	as a Lender, L/C Issuer and Swingline Lender	 
	 	 	 
	 	By: 

          	/s/ Jonathan M. Phillips 

        	 
	 	Name: Jonathan M. Phillips	 
	 	Title: Senior Vice President	 
	 	 	 
	 	ROYAL BANK OF CANADA,	 
	 	as a Lender	 
	 	 	 
	 	By: 

          	/s/ Stam Fountoulakis 

        	 
	 	Name: Stam Fountoulakis	 
	 	Title: Authorized Signatory	 
	 	 	 
	 	BANK OF MONTREAL, CHICAGO BRANCH,	 
	 	as a Lender	 
	 	 	 
	 	By: 

          	/s/ Andrew Berryman 

        	 
	 	Name: Andrew Berryman	 
	 	Title: Director	 
	 	 	 
	 	THE BANK OF NOVA SCOTIA,	 
	 	as a Lender	 
	 	 	 
	 	By: 

          	/s/ Ian Stephenson 

        	 
	 	Name: Ian Stephenson	 
	 	Title: Managing Director	 
	 	 	 
	 	By: 

          	/s/ Monik Vora 

        	 
	 	Name: Monik Vora	 
	 	Title: Associate Director	 
	 	 	 
	 	ING CAPITAL LLC,	 
	 	as a Lender	 
	 	 	 
	 	By: 

          	/s/ Remko van de Water 

        	 
	 	Name: Remko van de Water	 
	 	Title: Managing Director	 
	 	 	 
	 	By: 

          	/s/ Matthew Rosales 

        	 
	 	Name: Matthew Rosales	 
	 	Title: Vice President	 

  

   

  

  

  FIFTH AMENDMENT TO CREDIT AGREEMENT

    COEUR MINING, INC.

  
     

    
      
 

  

   

  EXHIBIT A

   

  Amended Credit Agreement 

   

  [See attached]

   

  

  

  
     

    
      
 

  

   

   

  

  EXHIBIT A TO FIFTH AMENDMENT

   

  Published CUSIP Number: 19211UAC2

      Revolver CUSIP Number: 19211UAD0

   

  CREDIT AGREEMENT

   

  Dated as of September 29, 2017

   

  among

   

  COEUR MINING, INC.,

   

  as the Borrower,

   

  THE SUBSIDIARIES OF THE BORROWER IDENTIFIED HEREIN,

   

  as the Guarantors,

   

  BANK OF AMERICA, N.A.,

   

  as Administrative Agent, Swingline Lender and L/C Issuer,

   

  and

   

  THE OTHER LENDERS PARTY HERETO  

   

  ROYAL BANK OF CANADA,

   

  as Syndication Agent 

   

  Arranged By:

   

  BOFA SECURITIES, INC. (FORMERLY KNOWN AS MERRILL LYNCH, PIERCE, FENNER
      & SMITH INCORPORATED),

   

  as Sole Lead Arranger and Sole Bookrunner

  
     

    
      

  

  
   

  TABLE OF CONTENTS

   

  	ARTICLE I DEFINITIONS AND ACCOUNTING TERMS	1
	 	1.01	Defined Terms	1
	 	1.02	Other Interpretive Provisions	38
	 	1.03	Accounting Terms	38
	 	1.04	Rounding	39
	 	1.05	Times of Day	39
	 	1.06	Letter of Credit Amounts	40
	 	1.07	Alternative L/C Currencies	40
	ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS	40
	 	2.01	Revolving Loans	40
	 	2.02	Borrowings, Conversions and Continuations of Loans	40
	 	2.03	Letters of Credit	40
	 	2.04	Swingline Loans	42
	 	2.05	Prepayments	50
	 	2.06	Termination or Reduction of Aggregate Revolving Commitments	53
	 	2.07	Repayment of Loans	54
	 	2.08	Interest	54
	 	2.09	Fees	55
	 	2.10	Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate	55
	 	2.11	Evidence of Debt	56
	 	2.12	Payments Generally; Administrative Agent’s Clawback	56
	 	2.13	Sharing of Payments by Lenders	57
	 	2.14	Cash Collateral	58
	 	2.15	Defaulting Lenders	59
	 	2.16	Incremental Facility Loans	60
	 	2.17	Amend and Extend Transactions	62
	ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY	65
	 	3.01	Taxes	65
	 	3.02	Illegality	70
	 	3.03	Inability to Determine Rates	70
	 	3.04	Increased Costs; Reserves on Eurodollar Rate Loans	71
	 	3.05	Compensation for Losses	73
	 	3.06	Mitigation Obligations; Replacement of Lenders	73
	 	3.07	Successor LIBOR	74
	 	3.08	Survival	76
	ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS	76
	 	4.01	Conditions of Initial Credit Extension	76

        
	 	4.02	Conditions to all Credit Extensions	78
	ARTICLE V REPRESENTATIONS AND WARRANTIES	79
	 	5.01	Existence, Qualification and Power	79
	 	5.02	Authorization; No Contravention	80
	 	5.03	Governmental Authorization; Other Consents	80
	 	5.04	Binding Effect	80
	 	5.05	Financial Statements; No Material Adverse Effect	80

   

  
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  	 	5.06	Litigation	81
	 	5.07	No Default	81
	 	5.08	Ownership of Property; Expropriation	81
	 	5.09	Environmental Compliance	81
	 	5.10	Insurance	82
	 	5.11	Taxes	83
	 	5.12	ERISA Compliance	83
	 	5.13	Subsidiaries	84
	 	5.14	Margin Regulations; Investment Company Act	84
	 	5.15	Disclosure	84
	 	5.16	Compliance with Laws	85
	 	5.17	Intellectual Property	85
	 	5.18	Solvency	85
	 	5.19	Perfection of Security Interests in the Collateral	85
	 	5.20	Business Locations; Taxpayer Identification Number	86
	 	5.21	Labor Matters	86
	 	5.22	Mining Rights	86
	 	5.23	OFAC	86
	 	5.24	Anti-Corruption Laws	86
	 	5.25	No Affected Financial Institution	87
	 	5.26	No Covered Entity	87
	ARTICLE VI AFFIRMATIVE COVENANTS	87
	 	6.01	Financial Statements	87
	 	6.02	Certificates; Other Information	88
	 	6.03	Notices	90
	 	6.04	Payment of Taxes	90
	 	6.05	Preservation of Existence, Etc	91
	 	6.06	Maintenance of Properties	91
	 	6.07	Maintenance of Insurance	91
	 	6.08	Compliance with Laws and Contracts	92
	 	6.09	Books and Records	92
	 	6.10	Inspection Rights	92
	 	6.11	[Reserved]	92
	 	6.12	ERISA Compliance	93
	 	6.13	Additional Guarantors	93
	 	6.14	Pledged Assets	93
	 	6.15	Anti-Corruption Laws	94
	 	6.16	Post-Closing Requirements	94
	 	6.17	Redemption of Existing Senior Notes	94
	ARTICLE VII NEGATIVE COVENANTS	94
	 	7.01	Liens	94
	 	7.02	Investments	97
	 	7.03	Indebtedness	100
	 	7.04	Fundamental Changes	102
	 	7.05	Dispositions	102
	 	7.06	Restricted Payments	104
	 	7.07	Change in Nature of Business	105
	 	7.08	Transactions with Affiliates	106
	 	7.09	Burdensome Agreements	106

   

  
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  	 	7.10	Use of Proceeds	107
	 	7.11	Financial Covenants	108
	 	7.12	Prepayment of Certain Indebtedness, Etc	108
	 	7.13 

        	Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity	109
	 	7.14	Sanctions	109
	 	7.15	Anti-Corruption Laws	109
	 	7.16	Designation of Subsidiaries	109
	 	7.17	Maximum Cash-on-Hand	110
	ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES	111
	 	8.01	Events of Default	111
	 	8.02	Remedies Upon Event of Default	113
	 	8.03	Application of Funds	114
	ARTICLE IX ADMINISTRATIVE AGENT	115
	 	9.01	Appointment and Authority	115
	 	9.02	Rights as a Lender	116
	 	9.03	Exculpatory Provisions	116
	 	9.04	Reliance by Administrative Agent	117
	 	9.05	Delegation of Duties	117
	 	9.06	Resignation of Administrative Agent	118
	 	9.07	Non-Reliance on Administrative Agent and Other Lenders	119
	 	9.08	No Other Duties; Etc	120
	 	9.09	Administrative Agent May File Proofs of Claim; Credit Bidding	120
	 	9.10	Collateral and Guaranty Matters	121
	 	9.11	Secured Cash Management Agreements and Secured Hedge Agreements	122
	 	9.12	ERISA Matters	122
	ARTICLE X GUARANTY	123
	 	10.01	The Guaranty	123
	 	10.02	Obligations Unconditional	124
	 	10.03	Reinstatement	125
	 	10.04	Certain Additional Waivers	125
	 	10.05	Remedies	125
	 	10.06	Rights of Contribution	125
	 	10.07	Guarantee of Payment; Continuing Guarantee	126
	 	10.08	Keepwell	126
	ARTICLE XI MISCELLANEOUS	127
	 	11.01	Amendments, Etc	127
	 	11.02	Notices; Effectiveness; Electronic Communications	129
	 	11.03	No Waiver; Cumulative Remedies; Enforcement	130
	 	11.04	Expenses; Indemnity; Damage Waiver	131
	 	11.05	Payments Set Aside	133
	 	11.06	Successors and Assigns	133
	 	11.07	Treatment of Certain Information; Confidentiality	138
	 	11.08	Rights of Setoff	139
	 	11.09	Interest Rate Limitation	139
	 	11.10	Counterparts; Integration; Effectiveness	139
	 	11.11	Survival of Representations and Warranties	140

   

  
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  	 	11.12	Severability	140
	 	11.13	Replacement of Lenders	140
	 	11.14	Governing Law; Jurisdiction; Etc	141
	 	11.15	Waiver of Jury Trial	142
	 	11.16	No Advisory or Fiduciary Responsibility	142
	 	11.17	Electronic Execution of Assignments and Certain Other Documents	143
	 	11.18	USA PATRIOT Act Notice	143
	 	11.19	Subordination of Intercompany Indebtedness	144
	 	11.20	Acknowledgement and Consent to Bail-In of Affected Financial Institutions	144
	 	11.21	ERISA Representation	144
	 	11.22	Acknowledgement Regarding Any Supported QFCs	145
	 	11.23	Releases	145

  

   

  

  	SCHEDULES
	2.01	Commitments and Applicable Percentages
	2.03	Existing Letters of Credit
	4.01	Mortgaged Properties
	5.03	Consents
	5.10	Insurance
	5.12	ERISA Plans
	5.13	Subsidiaries
	5.17	IP Rights
	5.20(a)	Locations of Real Property
	5.20(b) 	Location of Chief Executive Office, Taxpayer Identification Number, Etc.
	5.20(c)	Changes in Legal Name, State of Formation and Structure
	5.21	Labor Matters
	7.01	Liens Existing on the Closing Date
	7.02	Investments Existing on the Closing Date
	7.03	Indebtedness Existing on the Closing Date
	11.02	Certain Addresses for Notices
	 	 
	EXHIBITS
	1.01	Form of Secured Party Designation Notice
	2.02	Form of Loan Notice
	2.04	Form of Swingline Loan Notice
	2.05	Form of Notice of Loan Prepayment
	2.11(a)	Form of Note
	3.01	Forms of U.S. Tax Compliance Certificates
	6.02	Form of Compliance Certificate
	6.13	Form of Joinder Agreement
	11.06(b)	Form of Assignment and Assumption
	11.06(b)(iv)	Form of Administrative Questionnaire

   

  
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  CREDIT AGREEMENT

   

  This CREDIT AGREEMENT is entered into as of September 29, 2017 among
      COEUR MINING, INC., a Delaware corporation (the “Borrower”), the Guarantors (defined herein), the Lenders (defined herein) and BANK OF AMERICA, N.A., as Administrative Agent, Swingline Lender and L/C Issuer.

   

  The Borrower has requested that the Lenders provide credit facilities
      for the purposes set forth herein, and the Lenders are willing to do so on the terms and conditions set forth herein.

   

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

   

  ARTICLE I

      

      DEFINITIONS AND ACCOUNTING TERMS

   

  1.01          Defined Terms.

   

  As used in this Agreement, the following terms shall have the meanings
      set forth below:

   

  “Acquisition”, by any Person, means the acquisition by such
      Person, in a single transaction or in a series of related transactions, of either (a) all or any substantial portion of the property of, or a line of business, division of or other business unit of, another Person or (b) at least a majority of the
      Voting Stock of another Person, in each case whether or not involving a merger or consolidation with such other Person.

   

  “Administrative Agent” means Bank of America in its capacity as
      administrative agent under any of the Loan Documents, or any successor administrative agent.

   

  “Administrative Agent’s Office” means the Administrative Agent’s
      address and, as appropriate, account as set forth on Schedule 11.02 or such other address or account as the Administrative Agent may from time to time notify the Borrower and the Lenders.

   

  “Administrative Questionnaire” means an Administrative
      Questionnaire in substantially the form of Exhibit 11.06(b)(iv) or any other form approved by the Administrative Agent.

   

  “Affected Financial Institution” means (a) any EEA Financial
      Institution or (b) any UK Financial Institution.

   

  “Affiliate” means, with respect to a specified Person, another
      Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.

   

  “Aggregate Revolving Commitments” means the Revolving Commitments
      of all the Lenders. The amount of the Aggregate Revolving Commitments in effect on the Fifth Amendment Effective Date is $300,000,000.

   

  “Agreement” means this Credit Agreement.

   

  “Alternative L/C Currency” means (a) Canadian Dollars,
      (b) Mexican Pesos and (c) with respect to a specific Letter of Credit, such other currency (other than Dollars, Canadian Dollars and Mexican Pesos) that is approved by the L/C Issuer in accordance with Section 1.07.

   

  
     

    
      
 

  

  
   

  “Applicable Percentage” means with respect to any Lender at any
      time, with respect to such Lender’s Revolving Commitment at any time, the percentage (carried out to the ninth decimal place) of the Aggregate Revolving Commitments represented by such Lender’s Revolving Commitment at such time; provided that
      if the commitment of each Lender to make Revolving Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to Section 8.02 or if the Aggregate Revolving Commitments have expired, then the
      Applicable Percentage of each Lender shall be determined based on the Applicable Percentage of such Lender most recently in effect, giving effect to any subsequent assignments. The initial Applicable Percentage of each Lender is set forth opposite
      the name of such Lender on Schedule 2.01 or in the Assignment and Assumption or other documentation pursuant to which such Lender becomes a party hereto, as applicable. The Applicable Percentages shall be subject to adjustment as provided in
      Section 2.15.

   

  “Applicable Rate” means the following percentages per annum,
      based upon the Consolidated Net Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(b):

   

  	Pricing Tier	Consolidated Net
            Leverage Ratio	Commitment Fee	Letter of Credit Fee	Eurodollar Rate
            Loans	Base Rate Loans
	1	< 1.00:1.00	0.35%	2.00%	2.00%	1.00%
	2	< 2.00:1.00 but ≥ 1.00:1.00	0.40%	2.25%	2.25%	1.25%
	3	< 3.00:1.00 but ≥ 2.00:1.00	0.45%	2.50%	2.50%	1.50%
	4	
          < 3.50:1.00 but ≥ 3.00:1.00

        	0.50%	2.75%	2.75%	1.75%
	5	≥ 3.50:1.00	0.50%	3.50%	3.50%	2.50%

   

  Any increase or decrease in the Applicable Rate resulting from a change in
      the Consolidated Net Leverage Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 6.02(b); provided, however, that if a Compliance
      Certificate is not delivered when due in accordance with such Section, then, upon the request of the Required Lenders, Pricing Tier 5 shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have
      been delivered and shall remain in effect until the first Business Day immediately following the date on which such Compliance Certificate is delivered in accordance with Section 6.02(b), whereupon the Applicable Rate shall be adjusted based
      upon the calculation of the Consolidated Net Leverage Ratio contained in such Compliance Certificate. The Applicable Rate in effect from the Fifth Amendment Effective Date through the first Business Day immediately following the date a Compliance
      Certificate is required to be delivered pursuant to Section 6.02(b) for the fiscal quarter ending March 31, 2021 shall be determined based upon Pricing Tier 1. Notwithstanding anything to the contrary contained in this definition, the
      determination of the Applicable Rate for any period shall be subject to the provisions of Section 2.10(b).

   

  “Approved Fund” means any Fund that is administered or managed by
      (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.

   

  “Arranger” means BofA Securities, Inc., in its capacity as sole
      lead arranger and sole bookrunner.

   

  “Assignment and Assumption” means an assignment and assumption
      entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is required by Section 11.06(b)), and

   

  
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  accepted

      by the Administrative Agent, in substantially the form of Exhibit 11.06(b) or any other form (including electronic documentation generated by use of an electronic platform) approved by the Administrative Agent.

   

  “Attributable Indebtedness” means, with respect to any Person on
      any date, (a) in respect of any capital lease, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease Obligation, the capitalized
      amount of the remaining lease payments under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a capital lease.

   

  “Audited Financial Statements” means the audited consolidated
      balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2016, and the related consolidated statements of income or operations, shareholders’ equity and cash flows of the Borrower and its Subsidiaries for such fiscal
      year, including the notes thereto.

   

  “Available Amount” means, at any time, an amount (which shall not
      be less than zero) equal to:

   

  (i)           $25,000,000; plus

   

  (ii)          50% of Consolidated Net Income for the period (taken as
      one accounting period) from the Closing Date to the end of the Borrower’s most recently ended fiscal quarter for which financial statements are available (or, if Consolidated Net Income for such period is a deficit, less 100% of such deficit); plus

   

  (iii)        100% of the aggregate net cash proceeds and the fair market
      value, as determined in good faith by the board of directors of the Borrower, of property and marketable securities received by the Borrower since the Closing Date as a contribution to its common equity capital or from the issue or sale of Qualified
      Equity Interests of the Borrower (other than in a Permitted Warrant Transaction) or from the issue or sale of convertible or exchangeable Disqualified Equity Interests of the Borrower or convertible or exchangeable debt securities of the Borrower, in
      each case that have been converted into or exchanged for Qualified Equity Interests of the Borrower (other than Qualified Equity Interests and convertible or exchangeable Disqualified Stock or debt securities sold to a Subsidiary of the Borrower); plus

   

  (iv)        to the extent that any Investment made pursuant to Section

        7.02(p) is (a) sold or otherwise cancelled, liquidated or repaid, or (b) made in an entity that subsequently becomes a Restricted Subsidiary of the Borrower, the initial amount of such Investment (or, if less, the amount of cash or the fair
      market value, as determined in good faith by the board of directors of the Borrower, of property and marketable securities, in each case received upon repayment or sale); plus

   

  (v)          to the extent that any Unrestricted Subsidiary designated
      as such after the Closing Date is redesignated as a Restricted Subsidiary after the Closing Date, the lesser of (a) the fair market value of the Borrower’s Investment in such Subsidiary as of the date of such redesignation or (b) such fair market
      value as of the date on which such Subsidiary was originally designated as an Unrestricted Subsidiary after the Closing Date; plus

   

  (vi)       100% of any dividends received in cash and the fair market
      value, as determined in good faith by the board of directors of the Borrower, of property and marketable securities received by a Loan Party after the Closing Date from an Unrestricted Subsidiary, to the extent that such dividends were not otherwise
      included in the Consolidated Net Income for such period; minus

   

  
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  (vii)      the aggregate amount of Investments made pursuant to Section

        7.02(p), Restricted Payments made pursuant to Section 7.06(g) and prepayments made pursuant to Section 7.12(b)(ii) made during the period commencing on the Closing Date and ending on or prior to such time.

   

  “Availability Period” means, with respect to the Revolving
      Commitments, the period from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Revolving Commitments pursuant to Section 2.06, and (c) the date of termination of the
      commitment of each Lender to make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02.

   

  “Bail-In Action” means the exercise of any Write-Down and
      Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.

   

  “Bail-In Legislation” means, (a) with respect to any EEA Member
      Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, rule, regulation or requirement for such EEA Member Country from time to time which is described in the
      EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the
      resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings).

   

  “Bank of America” means Bank of America, N.A. and its successors.

   

  “Base Rate” means for any day a fluctuating rate of interest per
      annum equal to the highest of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate” and (c) the Eurodollar Rate plus 1.0%,
      subject to the interest rate floors set forth therein; provided that if the Base Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. The “prime rate” is a rate set by Bank of America based upon various
      factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such
      “prime rate” announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change. If the Base Rate is being used as an alternate rate of interest pursuant to Section 3.03 or
      Section 3.07 hereof, then the Base Rate shall be the greater of clauses (a) and (b) above and shall be determined without reference to clause (c) above.

   

  “Base Rate Loan” means a Loan that bears interest based on the
      Base Rate.

   

  “Beneficial Ownership Certification” means a certification
      regarding beneficial ownership required by the Beneficial Ownership Regulation.

   

  “Beneficial Ownership Regulation” means 31 C.F.R. §1010.230.

   

  “Benefit Plan” means any of (a) an “employee benefit plan” (as
      defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Internal Revenue Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title
      I of ERISA or Section 4975 of the Internal Revenue Code) the assets of any such “employee benefit plan” or “plan”.

   

  “Borrower” has the meaning specified in the introductory
      paragraph hereto.

   

  
    4 

    
      
 

  

   

  “Borrower Materials” has the meaning specified in Section
        6.02.

   

  “Borrowing” means a borrowing consisting of simultaneous Loans of
      the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

   

  “Business Day” means any day other than a Saturday, Sunday or
      other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state of New York or the state where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan, means
      any such day that is also a London Banking Day.

   

  “Canadian Dollars” means the lawful currency of Canada.

   

  “Cash Collateralize” means to pledge and deposit with or deliver
      to the Administrative Agent, for the benefit of one or more of the L/C Issuer or the Lenders, as collateral for L/C Obligations or obligations of the Lenders to fund participations in respect of L/C Obligations, (a) cash or deposit account balances,
      (b) backstop letters of credit entered into on terms, from issuers and in amounts satisfactory to the Administrative Agent and the L/C Issuer and/or (c) if the Administrative Agent and the L/C Issuer shall agree in their sole discretion, other credit
      support, in each case pursuant to documentation in form and substance satisfactory to the Administrative Agent and the L/C Issuer. “Cash Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds of such cash
      collateral and other credit support.

   

  “Cash Equivalents” means, as at any date, (a) United States
      dollars, Canadian dollars, Australian dollars, New Zealand dollars, Mexican pesos, Argentine pesos, Chilean pesos and Bolivian bolivianos or such other local currencies held by the Borrower and its Restricted Subsidiaries, or in a demand deposit
      account in the name of the Borrower or any Restricted Subsidiary, from time to time in the ordinary course of business; (b) securities issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality
      of the United States government (provided that the full faith and credit of the United States is pledged in support of those securities) having maturities of not more than one year from the date of acquisition; (c) certificates of deposit and
      eurodollar time deposits with maturities of six months or less from the date of acquisition and bankers’ acceptances with maturities not exceeding six months, in each case, with any Lender or with any commercial bank the long-term debt of which is
      rated at the time of acquisition thereof at least “A” or better from either S&P or Moody’s, or carrying the equivalent rating by a nationally recognized rating agency, if both of the two named rating agencies cease publishing ratings of
      investments, and having combined capital and surplus in excess of $500,000,000 (or its foreign currency equivalent); provided that Cash Equivalents may include certificates of deposit and Eurodollar time deposits at a commercial bank that
      does not meet the ratings or capital requirements set forth above, in an aggregate amount at any time outstanding, not to exceed, as of any date of calculation, $1,000,000; (d) repurchase obligations with a term of not more than seven days for
      underlying securities of the types described in clauses (b) and (c) above entered into with any financial institution meeting the qualifications specified in clause (c) above; (e) commercial paper having one of the two highest
      ratings obtainable from Moody’s or S&P, or carrying the equivalent rating by a nationally recognized rating agency, if both of the two named rating agencies cease publishing ratings of investments and, in each case, maturing within one year after
      the date of acquisition; and (f) money market funds at least 95% of the assets of which constitute Cash Equivalents of the kinds described in clauses (a) through (e) of this definition.

   

  “Cash Management Agreement” means any agreement that is not
      prohibited by the terms hereof to provide treasury or cash management services, including deposit accounts, overnight draft, credit cards, debit cards, p-cards (including purchasing cards and commercial cards), funds transfer, automated 

   

  
    5 

    
      
 

  

   

  clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management
    services.
   

  “Cash Management Bank” means any Person that (a) at the time it
      enters into a Cash Management Agreement, is a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent, (b) in the case of any Cash Management Agreement in effect on or prior to the Closing Date, is, as of the
      Closing Date or within 30 days thereafter, a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent and a party to a Cash Management Agreement or (c) within 30 days after the time it enters into the applicable Cash
      Management Agreement, becomes a Lender, the Administrative Agent or an Affiliate of a Lender or the Administrative Agent, in each case, in its capacity as a party to such Cash Management Agreement.

   

  “CFC” means a “controlled foreign corporation” within the meaning
      of Section 957 of the Internal Revenue Code.

   

  “CFC Indebtedness” means Indebtedness owed by a Specified Foreign
      Subsidiary or a FSHCO to a Loan Party.

   

  “Change in Law” means the occurrence, after the Closing Date, of
      any of the following: (a) the adoption or taking effect of any Law, (b) any change in any Law or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request,
      rule, guideline or directive (whether or not having the force of Law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all
      requests, rules, guidelines or directives thereunder or issued in connection therewith or in the implementation thereof and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee
      on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted,
      issued or implemented.

   

  “Change of Control” means an event or series of events by which:

   

  (a)                any “person” or “group” (as such terms are
      used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator
      of any such plan) becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have “beneficial ownership” of all Equity Interests that such person or
      group has the right to acquire, whether such right is exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of Voting Stock of the Borrower representing 30% or more of the combined voting
      power of all Voting Stock of the Borrower on a fully diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option right); or

   

  (b)               there shall have occurred under any
      indenture or other agreement or instrument evidencing any Indebtedness of the Borrower or any Restricted Subsidiary of the Borrower in excess of the Threshold Amount any “change in control” or similar defined event (as defined in such indenture or
      other agreement or instrument) constituting an event of default thereunder or obligating the Borrower or any of its Restricted Subsidiaries to repurchase, redeem or repay all or any part of the Indebtedness provided for therein.

   

  
    6 

    
      
 

  

   

  “Closing Date” means September 29, 2017.

   

  “Coeur Alaska” means Coeur Alaska, Inc., a Delaware corporation.

   

  “Coeur Mexicana” means Coeur Mexicana S.A. de C.V., a company
      organized under the laws of Mexico.

   

  “Coeur Rochester” means Coeur Rochester, Inc., a Delaware
      corporation.

   

  “Coeur Sterling” means Coeur Sterling, Inc., a Nevada
      corporation.

   

  “Collateral” means a collective reference to all property with
      respect to which Liens in favor of the Administrative Agent, for the benefit of itself and the other holders of the Obligations, are purported to be granted pursuant to and in accordance with the terms of the Collateral Documents; provided
      that, for the avoidance of doubt, Excluded Property shall not constitute Collateral.

   

  “Collateral Documents” means a collective reference to the
      Security Agreement, the Mortgages and other security documents as may be executed and delivered by any Loan Party pursuant to the terms of Section 6.14 or any of the Loan Documents.

   

  “Collateral Foreign Subsidiary” means any Restricted Subsidiary
      that is: (a) a Specified Foreign Subsidiary, (b) a FSHCO, (c) a direct or indirect Subsidiary of the Borrower that is treated as a disregarded entity for United States Federal income tax purposes and that directly or through one or more disregarded
      entities, owns 65% or more of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section 1.956 2(c)(2)) of any Specified Foreign Subsidiary or FSHCO, or (d) any other Subsidiary, the pledge of whose Equity
      Interests entitled to vote (within the meaning of Treas. Reg. Section 1.956 2(c)(2)) or whose provision of a Guarantee under the Loan Documents could constitute an investment in “United States property” within the meaning of Section 956 of the
      Internal Revenue Code by a CFC with respect to which the Borrower is a “United States shareholder” within the meaning of Section 951 of the Internal Revenue Code or otherwise result in a material adverse tax consequence to the Borrower or one of its
      Subsidiaries, as reasonably determined by the Borrower (in consultation with the Administrative Agent) and specified in writing.

   

  “Commitment” means, as to each Lender, the Revolving Commitment
      of such Lender.

   

  “Commodity Exchange Act” means the Commodity Exchange Act (7
      U.S.C. § 1 et seq.).

   

  “Compliance Certificate” means a certificate substantially in the
      form of Exhibit 6.02.

   

  “Connection Income Taxes” means Other Connection Taxes that are
      imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

   

  “Consolidated Cash-On-Hand” means, as of any day, the sum of the
      amount of all cash and Cash Equivalents of the Loan Parties, on a consolidated basis.

   

  “Consolidated EBITDA” means, for any period, for the Borrower and
      its Restricted Subsidiaries on a consolidated basis, an amount equal to the sum of:

   

  (a)        Consolidated Net Income for such period plus

   

  
    7 

    
      
 

  

   

  (b)        the following, without duplication, to the extent
      deducted in calculating such Consolidated Net Income, without duplication: (i) provision for taxes based on income or profits of the Borrower and its Restricted Subsidiaries for such period; (ii) Consolidated Interest Charges for such period; (iii)
      depreciation, amortization (including amortization of intangibles but excluding amortization of prepaid cash expenses that were paid in a prior period) and other non-cash charges and expenses (excluding any such non-cash charge or expense to the
      extent that it represents an accrual of or reserve for cash charges or expenses in any future period or amortization of a prepaid cash charge or expense that was paid in a prior period) of the Borrower and its Restricted Subsidiaries for such period;
      (iv) all unusual or non-recurring charges or expenses and all restructuring charges and expenses of the Borrower and its Restricted Subsidiaries for such period, provided that the aggregate amount of such cash charges or expenses added back
      under this clause (b)(iv) shall not exceed 15% of Consolidated EBITDA (calculated prior to giving effect to such addback); and (v) all integration costs or costs associated with establishing new facilities, provided that the aggregate
      amount of all costs or expenses added back under this clause (b)(v) shall not exceed $15,000,000 in any consecutive four-quarter period; minus

   

  (c)        the following, to the extent included in
      calculating such Consolidated Net Income: (i) any foreign currency translation gains (including gains related to currency remeasurements of Indebtedness) of the Borrower and its Restricted Subsidiaries for such period; and (ii) non-cash income, gains
      or credits for such period, other than the accrual of revenue in the ordinary course of business; plus

   

  (d)        the amount of net cost savings and operating
      expense reductions relating to transactions consummated or initiatives implemented by the Borrower or any Restricted Subsidiary and projected by the Borrower in good faith to result from actions taken (which will be added to Consolidated EBITDA as so
      projected until fully realized and calculated on a Pro Forma Basis as though such cost savings and operating expense reductions had been realized on the first day of such period), net of the amount of actual benefits realized during such period from
      such actions, provided, that, (1) a duly completed certificate signed by a Responsible Officer of the Borrower shall be delivered to the Administrative Agent certifying that such net cost savings or operating expense reductions are
      reasonably identifiable and/or reasonably anticipated to be realized as a result of actions taken, (2) such net cost savings or operating expense reductions are otherwise reasonably acceptable to the Administrative Agent, and (3) no such addbacks
      shall be permitted for any period after the eighteen-month anniversary of such transaction or notification by the Borrower to the Administrative Agent of such initiative, as applicable.

   

  “Consolidated Funded Indebtedness” means, as of any date of
      determination with respect to the Borrower and its Restricted Subsidiaries on a consolidated basis, without duplication, the sum of: (a) the outstanding principal amount of all obligations for borrowed money and all obligations evidenced by bonds,
      debentures, notes, loan agreements or other similar instruments; (b) the principal amount of all non-contingent reimbursement obligations in respect of drawn letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties
      and similar instruments; (c) the principal amount of all obligations in respect of the deferred purchase price of property or services (other than (i) trade accounts or similar obligations to a trade creditor and accrued expenses payable in the
      ordinary course of business, (ii) any earn-out obligation unless such obligation is not paid promptly after becoming due and payable and (iii) accruals for payroll or other employee compensation and other liabilities accrued in the ordinary course of
      business); (d) all purchase money Indebtedness; (e) all Attributable Indebtedness; (f) all Disqualified Equity Interests of such Person; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f)
      above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in
      which any Loan Party or any Restricted Subsidiary is a general partner or

   

  
    8 

    
      
 

  

   

  joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such
      Person; provided that “Consolidated Funded Indebtedness” shall not include the Existing Senior Notes once amounts have been irrevocably deposited with the trustee therefor sufficient to pay in full such Existing Senior Notes together with
      applicable premium and interest to the date of redemption thereof in a manner that meets the requirements of the “satisfaction and discharge” provisions of Article XI of the indenture for the Existing Senior Notes.

   

  “Consolidated Interest Charges” means, for any period, for the
      Borrower and its Restricted Subsidiaries on a consolidated basis, the sum of (a) all interest, premium payments, debt discount, fees, charges and related expenses in connection with borrowed money (including capitalized interest) or in connection
      with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP, plus (b) the portion of rent expense with respect to such period under capital leases that is treated as interest in
      accordance with GAAP plus (c) the implied interest component of Synthetic Lease Obligations with respect to such period.

   

  “Consolidated Interest Coverage Ratio” means, as of any date of
      determination, the ratio of (a) Consolidated EBITDA for the most recently completed four fiscal quarters to (b) Consolidated Interest Charges for the most recently completed four fiscal quarters.

   

  “Consolidated Net Income” means, with respect to the Borrower
      (the specified Person) for any period, the aggregate of the net income (loss) of such Person and its Restricted Subsidiaries for such period, on a consolidated basis (excluding the net income (and loss) of any Unrestricted Subsidiary of such Person),
      determined in accordance with GAAP and without any reduction in respect of preferred stock dividends; provided that: all extraordinary gains and losses and all gains and losses realized in connection with any Disposition, discontinued
      operations or the disposition of securities or the early extinguishment of Indebtedness, together with any related provision for taxes on any such gain or loss, will be excluded; (b) the net income (and loss) of any Person that is not a Restricted
      Subsidiary or that is accounted for by the equity method of accounting will be included only to the extent of the amount of dividends or similar distributions paid in cash to the specified Person or a Restricted Subsidiary of the Person; (c) solely
      for the purpose of determining the amount available under clause (ii) of the definition of “Available Amount”, the net income (and loss) of any Restricted Subsidiary will be excluded to the extent that the declaration or payment of dividends
      or similar distributions by that Restricted Subsidiary of that net income is not at the date of determination permitted by operation of any statute, rule or governmental regulation applicable to that Restricted Subsidiary or its stockholders; provided

      that Consolidated Net Income of such Person shall be increased by the amount of dividends or distributions or other payments that are actually paid in cash (or to the extent converted into cash) by such Person to the Borrower or another
      Restricted Subsidiary thereof in respect of such period, to the extent not already included therein; (d) the cumulative effect of a change in accounting principles will be excluded; (e) non-cash gains and losses attributable to movement in the
      mark-to-market valuation of Swap Contracts and non-cash mark-to-market adjustments in respect of any Deferred Revenue Financing Arrangement will be excluded; (f) any amortization of deferred charges resulting from the application of Accounting
      Standards Codification 470-20— Debt With Conversion and Other Options will be excluded; (g) any impairment charge or asset write-off, including, without limitation, impairment charges or asset write-offs related to intangible assets, long-lived
      assets or investments in debt and equity securities, in each case pursuant to GAAP, will be excluded; (h) any non-cash compensation expense recorded from grants of stock appreciation or similar rights, stock options, restricted stock or other rights
      to officers, director or employees will be excluded; and (i) any net gain or loss from currency transaction gains or losses will be excluded.

   

  “Consolidated Net Leverage Ratio” means, as of any date of
      determination, the ratio of (a) (i) Consolidated Funded Indebtedness as of such date minus (ii) the aggregate amount of Unrestricted

   

  
    9 

    
      
 

  

   

  Cash in excess of $50,000,000 as of such date, to (b) Consolidated EBITDA for the
      most recently completed four fiscal quarters.

   

  “Consolidated Net Tangible Assets” means, as of any date of
      determination, the total consolidated assets of the Borrower and its Restricted Subsidiaries, as shown on the most recent consolidated balance sheet of the Borrower that is available internally, minus all current liabilities of the Borrower
      and its Restricted Subsidiaries reflected on such consolidated balance sheet and minus total goodwill and other intangible assets of the Borrower and its Restricted Subsidiaries reflected on such consolidated balance sheet, all calculated on
      a consolidated basis in accordance with GAAP; provided that, for purposes of calculating “Consolidated Net Tangible Assets” for purposes of testing the covenants under this Agreement in connection with any transaction, the total consolidated
      assets, current liabilities, total goodwill and other intangible assets of the Borrower and its Restricted Subsidiaries shall be adjusted to reflect any acquisitions and dispositions of assets that have occurred during the period from the date of the
      applicable balance sheet through the applicable date of determination, including any such transactions occurring on the date of determination.

   

  “Consolidated Senior Secured Indebtedness” means, as of any date
      of determination, all Consolidated Funded Indebtedness that is secured by Liens (other than Liens that are subordinated to the Liens of the Administrative Agent under the Collateral Documents pursuant to a subordination agreement acceptable to the
      Administrative Agent).

   

  “Consolidated Senior Secured Leverage Ratio” means, as of any
      date of determination, the ratio of (a) Consolidated Senior Secured Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed four fiscal quarters.

   

  “Consolidated Tangible Net Worth” means, at any particular time,
      the consolidated shareholders’ equity of the Borrower and its Restricted Subsidiaries at such time less the aggregate of the amounts, at such time, which would, in accordance with GAAP, be classified upon the consolidated balance sheet of the
      Borrower and its Restricted Subsidiaries as goodwill (without taking into account any future income tax assets that may be classified as goodwill), intangible assets and accumulated other comprehensive income.

   

  “Consolidated Total Assets” means , as of any date of
      determination, total assets of the Borrower and its Restricted Subsidiaries on a consolidated basis.

   

  “Contractual Obligation” means, as to any Person, any provision
      of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound.

   

  “Control” means the possession, directly or indirectly, of the
      power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto.

   

  “Convertible Indebtedness” means Indebtedness of the Borrower
      (which may be guaranteed by the Guarantors) permitted to be incurred under the terms of this Agreement that is either (a) convertible into common stock of the Borrower (and cash in lieu of fractional shares) and/or cash (in an amount determined by
      reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common stock of the Borrower and/or cash (in an amount
      determined by reference to the price of such common stock).

   

  “Covered Entity” has the meaning specified in Section 11.22.

   

  
    10 

    
      
 

  

   

  “Credit Extension” means each of the following: (a) a Borrowing
      and (b) an L/C Credit Extension.

   

  “Debtor Relief Laws” means the Bankruptcy Code of the United
      States, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable
      jurisdictions from time to time in effect.

   

  “Default” means any event or condition that constitutes an Event
      of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default.

   

  “Default Rate” means (a) with respect to any Obligation for which
      a rate is specified, a rate per annum equal to two percent (2%) in excess of the rate otherwise applicable thereto and (b) with respect to any Obligation for which a rate is not specified or available, a rate per annum equal to the Base Rate plus
      the Applicable Rate for Revolving Loans that are Base Rate Loans plus two percent (2%), in each case, to the fullest extent permitted by applicable Law.

   

  “Defaulting Lender” means, subject to Section 2.15(d),
      any Lender that (a) has failed to (i) fund all or any portion of its Loans within two Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Borrower in writing that such
      failure is the result of such Lender’s good faith determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been
      satisfied, or (ii) pay to the Administrative Agent, the L/C Issuer, the Swingline Lender or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swingline Loans)
      within two Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent, the L/C Issuer or the Swingline Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made a public
      statement to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s good faith determination that a condition precedent to funding
      (which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three Business Days after written request by the Administrative Agent
      or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause

        (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), or (d) has, or has a direct or indirect parent company that has, other than via an Undisclosed Administration, (i) become the subject of a proceeding
      under any Debtor Relief Law, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including
      the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity or (iii) become the subject of a Bail-in Action; provided that a Lender shall not be a Defaulting Lender solely by virtue
      of the ownership or acquisition of any Equity Interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the
      jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements
      made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above, and of the effective date of such status, shall be conclusive and binding absent
      manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.15(d)) as of the date established therefor by the Administrative Agent in a written notice of such determination, which shall be delivered by the
      Administrative Agent to the Borrower, the L/C Issuer, the Swingline Lender and each other Lender promptly following such determination.

   

  
    11 

    
      
 

  

   

  “Deferred Revenue Financing Arrangement” means (x) the
      Franco-Nevada Agreement, and (y) any transaction entered into after the Closing Date with a structure that is substantively similar to the transactions described above in the foregoing clause (x) and any other transaction that is customary
      in the mining business (as determined in good faith by the Borrower) pursuant to which (a) the Borrower or any of its Restricted Subsidiaries receives cash advances, deposits or other consideration in respect of future revenues from the sale of a
      right to receive an interest in future revenues or metal production from specified mineral assets to a Person other than an Affiliate, (b) such advances or deposits or other consideration are recorded as long-term liabilities (other than amounts
      recorded as current portions thereof), but not as debt determined in accordance with GAAP, on the consolidated balance sheet of the Borrower and (c) such long-term liability is amortized upon the delivery or sale of such mineral assets.

   

  “Designated Jurisdiction” means any country or territory to the
      extent that such country or territory is the subject of any Sanction.

   

  “Designated Non-cash Consideration” means the fair market value
      of non-cash consideration received by the Borrower or any of its Restricted Subsidiaries in connection with a Disposition that is designated as “Designated Non-cash Consideration” pursuant to an officer’s certificate delivered to the Administrative
      Agent, setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale, redemption or payment of, on or with respect to such Designated Non-cash Consideration.

   

  “Disposition” or “Dispose” means the sale, transfer,
      license, lease or other disposition of any property by any Loan Party or any Restricted Subsidiary, including any Sale and Leaseback Transaction and any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts
      receivable or any rights and claims associated therewith, but excluding any Recovery Event and any issuance of Equity Interests.

   

  “Disqualified Equity Interests” means any Equity Interest that,
      by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, (a) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is
      mandatorily redeemable (other than solely for Equity Interests that are not Disqualified Equity Interests), pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof (other than solely for Equity
      Interests that are not Disqualified Equity Interests), in whole or in part, or requires the payment of any scheduled cash dividend or any other scheduled payment constituting a return of capital, in each case at any time on or prior to ninety-one
      (91) days after the Maturity Date, or (b) is convertible into or exchangeable (unless at the sole option of the issuer thereof) for (i) debt or debt securities or (ii) any Equity Interests referred to in clause (a) above, in each case at any
      time prior to ninety-one (91) days after the Maturity Date. Notwithstanding the preceding sentence, any Equity Interests that would constitute Disqualified Equity Interests solely because the holders of the Equity Interests have the right to require
      the Borrower to repurchase such Equity Interests upon the occurrence of a change of control or an asset sale will not constitute Disqualified Equity Interests if the terms of such Equity Interests provide that the Borrower may not repurchase or
      redeem any such Equity Interests pursuant to such provisions unless such repurchase or redemption complies with Section 7.06 hereof. The amount of Disqualified Equity Interests deemed to be outstanding at any time for purposes of this
      Agreement will be the maximum amount that the Borrower and its Restricted Subsidiaries may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Disqualified Equity Interests, exclusive of accrued
      dividends.

   

  “Dollar” and “$” mean lawful money of the United States.

   

  
    12 

    
      
 

  

   

  “Dollar Equivalent” of any currency at any date means (a) the
      amount of such currency if such currency is Dollars or (b) with respect to any amount denominated in an Alternative L/C Currency, the equivalent amount thereof in Dollars, calculated on the basis of the spot rate of exchange for the Administrative
      Agent (or as applicable, the L/C Issuer) for the purchase by such Person of such currency with Dollars through its principal foreign exchange trading office on such date.

   

  “Domestic Subsidiary” means any Restricted Subsidiary that is
      organized under the Laws of any state of the United States or the District of Columbia.

   

  “EEA Financial Institution” means (a) any credit institution or
      investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this
      definition, or (c) any financial institution established in an EEA Member Country which is a Subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

   

  “EEA Member Country” means any of the member states of the
      European Union, Iceland, Liechtenstein, and Norway.

   

  “EEA Resolution Authority” means any public administrative
      authority or any Person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

   

  “Eligible Assignee” means any Person that meets the requirements
      to be an assignee under Sections 11.06(b) (subject to such consents, if any, as may be required under Section 11.06(b)(iii)).

   

  “Environmental Claim” means any claim, liability, contingent or
      otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of any Loan Party or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b)
      the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any
      contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

   

  “Environmental Laws” means any and all federal, state, local and
      foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution and the protection of the environment or the release
      of any materials into the environment, including those related to hazardous substances or wastes, air emissions and discharges to waste or public systems.

   

  “Equity Interests” means, with respect to any Person, all of the
      shares of capital stock of (or other ownership or profit interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests
      in) such Person, or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all of the other ownership or profit interests in such Person (including partnership, member or trust
      interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any date of determination, but excluding any Convertible Indebtedness and any other debt security that is
      convertible into or exchangeable for shares of capital stock of such Person.

   

  “ERISA” means the Employee Retirement Income Security Act of
      1974.

   

  
    13 

    
      
 

  

   

  “ERISA Affiliate” means any trade or business (whether or not
      incorporated) under common control with the Borrower within the meaning of Section 414(b) or (c) of the Internal Revenue Code (and Sections 414(m) and (o) of the Internal Revenue Code for purposes of provisions relating to Section 412 of the Internal
      Revenue Code).

   

  “ERISA Event” means (a) a Reportable Event with respect to a
      Pension Plan; (b) the withdrawal of the Borrower or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which such entity was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation
      of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan; (d) the filing of a notice of intent to terminate, the treatment
      of a Pension Plan amendment as a termination under Section 4041 or 4041A of ERISA, (e) the institution by the PBGC of proceedings to terminate a Pension Plan; (f) any event or condition which constitutes grounds under Section 4042 of ERISA for the
      termination of, or the appointment of a trustee to administer, any Pension Plan; (g) the determination that any Pension Plan is considered an at-risk plan or a Multiemployer Plan is in endangered or critical status within the meaning of Sections 430,
      431 and 432 of the Internal Revenue Code or Sections 303, 304 and 305 of ERISA, (h) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon the Borrower or any
      ERISA Affiliate or (i) a failure by the Borrower or any ERISA Affiliate to meet all applicable requirements under the Pension Funding Rules in respect of a Pension Plan, whether or not waived, or the failure by the Borrower or any ERISA Affiliate to
      make any required contribution to a Multiemployer Plan.

   

  “EU Bail-In Legislation Schedule” means the EU Bail-In
      Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

   

  “Eurodollar Rate” means:

   

  (a)                for any Interest Period with respect to a
      Eurodollar Rate Loan, the rate per annum equal to the London Interbank Offered Rate as administered by ICE Benchmark Administration (or any other Person that takes over the administration of such rate for Dollars for a period equal in length to such
      Interest Period) (“LIBOR”), as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) (in such case, the “LIBOR

        Rate”) at or about 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period; and

   

  (b)               for any interest calculation with respect to
      a Base Rate Loan on any date, the rate per annum equal to the LIBOR Rate, at or about 11:00 a.m., London time, two London Banking Days prior to such date for Dollar deposits with a term of one month commencing that day;

   

  provided that if the Eurodollar Rate shall be less than
      zero, such rate shall be deemed zero for purposes of this Agreement.

   

  “Eurodollar Rate Loan” means a Loan that bears interest at a rate
      based on clause (a) of the definition of “Eurodollar Rate.”

   

  “Event of Default” has the meaning specified in Section 8.01.

   

  “Excluded Property” means, with respect to any Loan Party, (a)
      any Excluded Real Property, (b)  any IP Rights for which a perfected Lien thereon is not effected either by filing of a Uniform 

    

   

  
    14 

    
      
 

  

   

  Commercial Code
        financing statement or by appropriate evidence of such Lien being filed in either the United States Copyright Office or the United States Patent and Trademark Office, (c) any personal property (other than personal property described in clause

        (b) above) for which the attachment or perfection of a Lien thereon is not governed by the Uniform Commercial Code, (d) any asset the perfection of a security interest in which requires notation of such security interest on the certificate of
      title thereto, (e) letter-of-credit rights (other than to the extent such rights constitute supporting obligations of other collateral with respect to which a security interest can be perfected by filing a UCC-1 financing statement), (f) commercial
      tort claims with a value below $1,000,000 or as to which legal proceedings have not been instituted, (g) any asset if the granting of a security interest or pledge in such asset to secure the Obligations would be prohibited by any law, rule or
      regulation or agreements with any Governmental Authority or would require the consent, approval, license or authorization of any Governmental Authority unless such consent, approval, license or authorization has been received, (h) any Equity
      Interests to the extent not required to be pledged to secure the Obligations pursuant to Section 6.14(a), (i) Equity Interests in any joint venture or Restricted Subsidiary that is not a Wholly-Owned Subsidiary, to the extent that granting a
      pledge of or a security interest in such Equity Interests would not be permitted by the terms of such joint venture or such Restricted Subsidiary’s Organization Documents, (j) CFC Indebtedness (but not the proceeds thereof), (k) any (A) lease or
      other agreement relating to a purchase money obligation, capital lease, or Sale and Leaseback Transaction, or any property being leased or purchased thereunder, or the proceeds or products thereof and (B) any license or other agreement not referred
      to in clause (A) (or any rights or interests thereunder), in each case, to the extent that a grant of a security interest therein to secure the Obligations would violate or invalidate such lease, license or agreement or create a right of
      termination in favor of any other party thereto, (l) any United States intent-to-use trademark applications or intent-to-use service mark applications to the extent and for so long as the grant of a security interest therein to secure the Obligations
      would impair the validity or enforceability of, or render void or voidable or result in the cancellation of, a Loan Party’s right, title or interest therein or any trademark or service mark issued as a result of such application under applicable
      Federal law, (m) Equity Interests in Unrestricted Subsidiaries, (n) any margin or collateral posted by the Borrower or any Subsidiary or any counterparty to a Swap Contract permitted hereunder with respect to such Swap Contract as a result of any
      regulatory requirement, swap clearing organizational rule, or other similar regulation, rule, or requirement, (o) any Equity Interests in Coeur Mexicana, (p) any other asset to the extent the granting of a security interest in such asset could result
      in an investment in “United States property” by a CFC with respect to which a Loan Party is a “United States shareholder” within the meaning of section 956 of the Internal Revenue Code or any other assets to the extent the granting of a security
      interest in such assets could result in material adverse tax consequences to the Borrower or any of its Restricted Subsidiaries, as reasonably determined by the Borrower in consultation with the Administrative Agent and, in each case, specified in
      writing and (q) any asset in circumstances where the Administrative Agent and the Borrower reasonably agree that the cost of obtaining or perfecting a security interest in such asset is excessive in relation to the benefit to the Lenders afforded
      thereby.

   

  “Excluded Real Property” means any owned or leased real property
      (a) which is located outside of the United States, or (b) that, when aggregated with all other contiguous (or substantially contiguous) real property of any Loan Party, (i) has a purchase price not in excess of $3,000,000, (ii) is estimated not to
      contain precious metal reserves worth more than $5,000,000, and (iii) is neither a material nor integral part of any active mine or mining operation of any Loan Party or any other Restricted Subsidiary.

   

  “Excluded Subsidiary” means any Subsidiary that is: (a) a Foreign
      Subsidiary, (b) a Specified Foreign Subsidiary, (c) a FSHCO, (d) an Immaterial Subsidiary, (e) an Unrestricted Subsidiary, or (f) any Subsidiary described in clause (d) of the definition of “Collateral Foreign Subsidiary”. Notwithstanding
      anything to the contrary in this Agreement or any other Loan Documents, at no time shall Coeur Alaska, Coeur Rochester, Coeur Sterling, Wharf or any Subsidiary owning any of the assets or property comprising the Kensington Mine, the Rochester Mine,
      the Sterling Mine or the Wharf Mine constitute Excluded

   

  
    15 

    
      
 

  

   

  Subsidiaries. No Subsidiary that Guarantees the Senior Notes or any other
      Indebtedness of the Loan Parties in excess of the Threshold Amount may be an Excluded Subsidiary.

   

  “Excluded Swap Obligation” means, with respect to any Guarantor,
      any Swap Obligation if, and to the extent that, all or a portion of the Guaranty of such Guarantor of, or the grant by such Guarantor of a Lien to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity
      Exchange Act or any rule, regulation or order of the Commodity Future Trading Commission (or the application or official interpretation thereof) by virtue of such Guarantor’s failure for any reason to constitute an “eligible contract participant” as
      defined in the Commodity Exchange Act (determined after giving effect to Section 10.08 and any other “keepwell”, support or other agreement for the benefit of such Guarantor and any and all guarantees of such Guarantor’s Swap Obligations by
      other Loan Parties) at the time the Guaranty of such Guarantor, or grant by such Guarantor of a Lien, becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a Master Agreement governing more than one Swap Contract,
      such exclusion shall apply to only the portion of such Swap Obligation that is attributable to Swap Contracts for which such Guaranty or Lien is or becomes excluded in accordance with the first sentence of this definition.

   

  “Excluded Taxes” means any of the following Taxes imposed on or
      with respect to any Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result
      of such Recipient being organized under the Laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other
      Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a Law in effect on the date on
      which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 11.13) or (ii) such Lender changes its Lending Office, except in each case to the extent that,
      pursuant to Section 3.01(a)(ii), 3.01(a)(iii) or 3.01(c), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately
      before it changed its Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA.

   

  “Existing Letters of Credit” means the Letters of Credit issued
      by Bank of America, N.A. prior to the Closing Date and identified on Schedule 2.03.

   

  “Existing Senior Notes” means the 5.875% senior unsecured notes
      of the Borrower (the “Existing Senior Notes”) issued pursuant to that certain Indenture dated as of May 31, 2017, among the Borrower, the Guarantors party thereto and The Bank of New York Mellon, as trustee.

   

  “Extended Revolving Commitment” means any Revolving Commitments
      the maturity of which shall have been extended pursuant to Section 2.17.

   

  “Extended Revolving Loans” means any Loans made pursuant to the
      Extended Revolving Commitments.

   

  “Extension” has the meaning specified in Section 2.17.

   

  “Extension Amendment” means an amendment to this Agreement (which
      may, at the option of the Administrative Agent, be in the form of an amendment and restatement of this Agreement) providing for any Extended Revolving Commitments pursuant to Section 2.17, which shall be consistent with the applicable
      provisions of this Agreement and otherwise satisfactory to the parties thereto. Each Extension

   

  
    16 

    
      
 

  

   

  Amendment shall be executed by the Administrative Agent, the L/C Issuer and/or the
      Swingline Lender (to the extent Section 2.17 would require the consent of the L/C Issuer and/or the Swingline Lender, respectively, for the amendments effected in such Extension Amendment), the applicable Loan Parties and the other parties
      specified in Section 2.17 (but not any other Lender). Any Extension Amendment may include conditions for delivery of opinions of counsel and other documentation consistent with the conditions in Section 4.01, all to the extent
      reasonably requested by the Administrative Agent or the other parties to such Extension Amendment.

   

  “Extension Offer” has the meaning specified in Section 2.17

   

  “Facility Termination Date” means the date as of which all of the
      following shall have occurred: (a) all Commitments have terminated, (b) all Obligations arising under the Loan Documents have been paid in full (other than contingent indemnification and reimbursement obligations), and (c) all Letters of Credit have
      terminated or expired (other than Letters of Credit that have been Cash Collateralized).

   

  “FASB ASC” means the Accounting Standards Codification of the
      Financial Accounting Standards Board.

   

  “FATCA” means Sections 1471 through 1474 of the Internal Revenue
      Code, as of the Closing Date (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any applicable
      intergovernmental agreements between a non-U.S. jurisdiction and the United States with respect thereto and any agreements entered into pursuant to Section 1471(b)(1) of the Internal Revenue Code.

   

  “Federal Funds Rate” means, for any day, the rate per annum
      calculated by the Federal Reserve Bank of New York based on such day’s federal funds transactions by depository institutions (as determined in such manner as the Federal Reserve Bank of New York shall set forth on its public website from time to
      time) and published on the next succeeding Business Day by the Federal Reserve Bank of New York as the federal funds effective rate; provided that if the Federal Funds Rate as so determined would be less than zero, such rate shall be deemed to be
      zero for the purposes of this Agreement.

   

  “Fee Letter” means the letter agreement, dated August 30, 2017
      among the Borrower, the Administrative Agent and the Arranger.

   

  “First Amendment Effective Date” means October 29, 2018.

   

  “Fifth Amendment Effective Date” means March 1, 2021.

   

  “Flood Hazard Property” means any real property subject to a
      Mortgage that is in an area designated by the Federal Emergency Management Agency as having special flood or mudslide hazards.

   

  “Franco-Nevada Agreement” means the gold purchase and sale
      agreement entered into by Coeur Mexicana and Franco-Nevada (Barbados) Corporation on October 2, 2014, in each case as in effect on the Closing Date and as may be amended, modified, supplemented, extended or renewed from time to time, so long as any
      such amendment, modification, supplement, extension or renewal is not more disadvantageous to the Lenders in any material respect than the terms of the agreements in effect on the Closing Date.

   

  “FSHCO” means any Subsidiary all or substantially all of the
      assets of which consist, directly or indirectly through other FSHCOs, of Equity Interests of one or more Specified Foreign Subsidiaries (or Indebtedness of such Specified Foreign Subsidiary).

   

  
    17 

    
      
 

  

   

  “Foreign Lender” means a Lender that is not a U.S. Person.

   

  “Foreign Subsidiary” means any Restricted Subsidiary that is not
      a Domestic Subsidiary.

   

  “FRB” means the Board of Governors of the Federal Reserve System
      of the United States.

   

  “Fronting Exposure” means, at any time there is a Defaulting
      Lender, (a) with respect to the L/C Issuer, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other
      Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s
      participation obligation has been reallocated to other Lenders in accordance with the terms hereof.

   

  “Fund” means any Person (other than a natural Person) that is (or
      will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities.

   

  “GAAP” means generally accepted accounting principles in the
      United States set forth from time to time in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board
      (or agencies with similar functions of comparable stature and authority within the accounting profession) including, without limitation, the FASB Accounting Standards Codification, that are applicable to the circumstances as of the date of
      determination, consistently applied and subject to Section 1.03.

   

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

   

  “Guarantee” means, as to any Person, (a) any obligation,
      contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly,
      and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for
      the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement
      condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in
      respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other
      obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be
      deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in
      respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

   

  
    18 

    
      
 

  

   

  “Guarantors” means, collectively, (a) each Domestic Subsidiary of
      the Borrower identified as a “Guarantor” on the signature pages hereto, (b) each Person that joins as a Guarantor pursuant to Section 6.13 or otherwise, (c) for purposes of Article X, with respect to (i) Obligations under any Secured
      Hedge Agreement, (ii) Obligations under any Secured Cash Management Agreement and (iii) any Swap Obligation of a Specified Loan Party (determined before giving effect to Sections 10.01 and 10.08) under the Guaranty, the Borrower, and
      (d) the successors and permitted assigns of the foregoing; provided, in each case, that no Excluded Subsidiary shall be required to become a Guarantor.

   

  “Guaranty” means the Guaranty made by the Guarantors in favor of
      the Administrative Agent and the other holders of the Obligations pursuant to Article X.

   

  “Hazardous Materials” means all substances or wastes defined or
      regulated under any Environmental Law as explosive, radioactive, hazardous or toxic, including petroleum or petroleum distillates, fractions or by-products, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas and
      infectious or medical wastes.

   

  “Hedge Bank” means any Person that (i) at the time it enters into
      a Swap Contract, is a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent, (ii) in the case of any Swap Contract in effect on or prior to the Closing Date, is, as of the Closing Date or within 30 days
      thereafter, a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent and a party to a Swap Contract or (iii) within 30 days after the time it enters into the applicable Swap Contract, becomes a Lender, the
      Administrative Agent or an Affiliate of a Lender or the Administrative Agent, in each case, in its capacity as a party to such Swap Contract; provided, in the case of a Secured Hedge Agreement with a Person who is no longer a Lender (or
      Affiliate of a Lender), such Person shall be considered a Hedge Bank only through the stated termination date (without extension or renewal) of such Secured Hedge Agreement.

   

  “Honor Date” has the meaning set forth in Section 2.03(c).

   

  “IFRS” means international accounting standards within the
      meaning of IAS Regulation 1606/2002 to the extent applicable to the relevant financial statements delivered under or referred to herein.

   

  “Immaterial Subsidiary” means, as of any date of determination, a
      Restricted Subsidiary now existing or hereafter acquired or formed (other than any such Restricted Subsidiary that is a Loan Party) which, on a consolidated basis for such Subsidiary and its Restricted Subsidiaries, (i) for the most recent four
      fiscal quarter period ending on or prior to such date accounted for less than 2.0% of the consolidated gross revenues of the Borrower and its Restricted Subsidiaries and (ii) as of the last day of such period of four fiscal quarters was the owner of
      less than 2.0% of the Consolidated Tangible Net Worth of the Borrower and its Restricted Subsidiaries; provided that at no time shall (x) the total assets of all Immaterial Subsidiaries exceed 5.0% of the Consolidated Tangible Net Worth, or
      (y) the total gross revenues of all Immaterial Subsidiaries, for the most recent four fiscal quarter period ending on or prior to such date, account for more than 5.0% of the gross revenues of the Borrower and its Restricted Subsidiaries.

   

  “Incremental Facilities” has the meaning specified in Section
        2.16.

   

  “Incremental Facility Amendment” has the meaning specified in Section

        2.16.

   

  “Incremental Facility Loans” has the meaning specified in Section

        2.16.

   

    

  “Incremental Request” has the meaning specified in Section
        2.16. 

   

  
    19 

    
      
 

  

   

   

  “Incremental Revolving Commitments” has the meaning specified in
      Section 2.16.

   

  “Incremental Revolving Loans” has the meaning specified in Section

        2.16.

   

  “Incremental Term Facility” has the meaning specified in Section

        2.16.

   

  “Incremental Term Loans” has the meaning specified in Section
        2.16.

   

  “Indebtedness” means, as to any Person at a particular time,
      without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

   

  (a)                all obligations for borrowed money and all
      obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments;

   

  (b)               the maximum amount of all direct or
      contingent obligations arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties and similar instruments;

   

  (c)                all Swap Contracts (measured at the Swap
      Termination Value);

   

  (d)               all obligations to pay the deferred purchase
      price of property or services (other than (i) trade accounts or similar obligations to a trade creditor and accrued expenses payable in the ordinary course of business, (ii) any earn-out obligation unless such obligation is not paid promptly after
      becoming due and payable and (iii) accruals for payroll or other employee compensation and other liabilities accrued in the ordinary course of business);

   

  (e)                indebtedness (excluding prepaid interest
      thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is
      limited in recourse, but limited to the lesser of the fair market value of such property and the principal amount of such Indebtedness if recourse is solely to such property;

   

  (f)                all Attributable Indebtedness;

   

  (g)                all Disqualified Equity Interests;

   

  (h)               all Guarantees of such Person in respect of
      any of the foregoing; and

   

  (i)                 all Indebtedness of the types referred to
      in clauses (a) through (h) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company or similar entity) in which such Person is a general partner or joint venturer,
      unless such Indebtedness is expressly made non-recourse to such Person.

   

  “Indemnified Taxes” means (a) Taxes, other than Excluded Taxes,
      imposed on or with respect to any payment made by or on account of any obligation of any Loan Party under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

   

  “Indemnitee” has the meaning specified in Section 11.04(b).

   

  “Information” has the meaning specified in Section 11.07.

   

  
    20 

    
      
 

  

   

  “Interest Payment Date” means (a) as to any Eurodollar Rate Loan,
      the last day of each Interest Period applicable to such Loan and the Maturity Date; provided, however, that if any Interest Period for a Eurodollar Rate Loan exceeds three months, the respective dates that fall every three months
      after the beginning of such Interest Period shall also be Interest Payment Dates; and (b) as to any Base Rate Loan (including a Swingline Loan), the last Business Day of each March, June, September and December and the Maturity Date.

   

  “Interest Period” means, as to each Eurodollar Rate Loan, the
      period commencing on the date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan and ending on the date one, two, three or six months thereafter (in each case, subject to availability), as selected by the
      Borrower in its Loan Notice; provided that:

   

  (a)                any Interest Period that would otherwise
      end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day;

   

  (b)               any Interest Period that begins on the last
      Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period;
      and

   

  (c)                no Interest Period shall extend beyond the
      Maturity Date.

   

  “Internal Revenue Code” means the Internal Revenue Code of 1986.

   

  “Investment” means, as to any Person, any direct or indirect
      acquisition or investment by such Person in the form of (a) the purchase or other acquisition of Equity Interests of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of debt of, or purchase or other acquisition
      of any other debt or equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person, or (c) an Acquisition. For purposes of covenant compliance, except as otherwise expressly provided
      herein, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment.

   

  “IP Rights” has the meaning specified in Section 5.17.

   

  “IRS” means the United States Internal Revenue Service.

   

  “ISDA Definitions” means the 2006 ISDA Definitions published by
      the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International
      Swaps and Derivatives Association, Inc. or such successor thereto.

   

  “ISP” means, with respect to any Letter of Credit, the
      “International Standby Practices 1998” published by the Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance).

   

  “Issuer Documents” means with respect to any Letter of Credit,
      the Letter of Credit Application, and any other document, agreement and instrument entered into by the L/C Issuer and the Borrower (or any Restricted Subsidiary) or in favor of the L/C Issuer and relating to such Letter of Credit.

   

  
    21 

    
      
 

  

   

  “Joinder Agreement” means a joinder agreement substantially in
      the form of Exhibit 6.13 executed and delivered by a Domestic Subsidiary in accordance with the provisions of Section 6.13 or any other documents as the Administrative Agent shall deem appropriate for such purpose.

   

  “Kensington Mine” means the underground gold mine owned by Coeur
      Alaska located north of Juneau, Alaska.

   

  “Laws” means, collectively, all international, foreign, federal,
      state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the
      enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having
      the force of Law.

   

  “L/C Advance” means, with respect to each Lender, such Lender’s
      funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

   

  “L/C Borrowing” means an extension of credit resulting from a
      drawing under any Letter of Credit which has not been reimbursed or refinanced as a Borrowing of Revolving Loans in each case pursuant to Section 2.03(c).

   

  “L/C Credit Extension” means, with respect to any Letter of
      Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

   

  “L/C Issuer” means Bank of America in its capacity as issuer of
      Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

   

  “L/C Obligations” means, as at any date of determination, the
      aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of
      Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn
      thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

   

  “Lenders” means each of the Persons identified as a “Lender” on
      the signature pages hereto, each other Person that becomes a “Lender” in accordance with this Agreement and their successors and assigns and, unless the context requires otherwise, includes the Swingline Lender.

   

  “Lending Office” means, as to the Administrative Agent, the L/C
      Issuer or any Lender, the office or offices of such Person described as such in such Person’s Administrative Questionnaire, or such other office or offices as such Person may from time to time notify the Borrower and the Administrative Agent, which
      office may include any Affiliate of such Person or any domestic or foreign branch of such Person or such affiliate.

   

  “Letter of Credit” means any letter of credit issued hereunder
      providing for the payment of cash upon the honoring of a presentation thereunder and shall include the Existing Letters of Credit. A Letter of Credit may be a commercial letter of credit or a standby letter of credit. Letters of Credit may be
      denominated in Dollars or, subject to agreement with the L/C Issuer, in an Alternative L/C Currency.

   

  
    22 

    
      
 

  

   

  “Letter of Credit Application” means an application and agreement
      for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

   

  “Letter of Credit Expiration Date” means the day that is seven
      days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

   

  “Letter of Credit Fee” has the meaning specified in Section
        2.03(h).

   

  “Letter of Credit Sublimit” means an amount equal to the lesser
      of (a) $100,000,000 and (b) the Aggregate Revolving Commitments. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

   

  “LIBOR Replacement Date” has the meaning specified in Section
        3.07(a).

   

  “LIBOR Screen Rate” means the LIBOR quote on the applicable
      screen page the Administrative Agent designates to determine LIBOR (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time).

   

  “LIBOR Successor Rate” has the meaning specified in Section 3.07(a).

   

  “LIBOR Successor Rate Conforming Changes” means, with respect to
      any proposed LIBOR Successor Rate, any conforming changes to the definition of Base Rate, Interest Period, timing and frequency of determining rates and making payments of interest and other technical, administrative or operational matters
      (including, for the avoidance of doubt, the definition of Business Day, timing of borrowing requests or prepayment, conversion or continuation notices and length of lookback periods) as may be appropriate, in the discretion of the Administrative
      Agent, to reflect the adoption and implementation of such LIBOR Successor Rate and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent determines
      that adoption of any portion of such market practice is not administratively feasible or that no market practice for the administration of such LIBOR Successor Rate exists, in such other manner of administration as the Administrative Agent determines
      is reasonably necessary in connection with the administration of this Agreement and any other Loan Document).

   

  “Lien” means any mortgage, pledge, hypothecation, assignment,
      deposit arrangement, encumbrance, lien (statutory or other), charge, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale
      or other title retention agreement, any easement, right of way or other encumbrance on title to real property, and any financing lease having substantially the same economic effect as any of the foregoing).

   

  “Liquidity” means, as of any date of determination, the total of
      (a) the Aggregate Revolving Commitments as of such date minus (b) the Total Revolving Oustandings as of such date plus (c) Unrestricted Cash as of such date.

   

  “Loan” means an extension of credit by a Lender to the Borrower
      under Article II in the form of a Revolving Loan or Swingline Loan, and shall include as the context requires, any Incremental Facility Loan.

   

  “Loan Documents” means this Agreement, each Note, each Issuer
      Document, each Joinder Agreement, the Collateral Documents, each Incremental Facility Amendment, each Extension Amendment,

   

  
    23 

    
      
 

  

   

  and the Fee Letter (but specifically excluding Secured Hedge Agreements and any Secured Cash Management Agreements).

   

  “Loan Notice” means a notice of (a) a Borrowing of Revolving
      Loans, (b) a conversion of Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, in each case pursuant to Section 2.02(a), which shall be substantially in the form of Exhibit 2.02 or such other form as may
      be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent) appropriately completed and signed by a Responsible Officer of the Borrower.

   

  “Loan Parties” means, collectively, the Borrower and each
      Guarantor.

   

  “London Banking Day” means any day on which dealings in Dollar
      deposits are conducted by and between banks in the London interbank eurodollar market

   

  “Master Agreement” has the meaning specified in the definition of
      “Swap Contract.”

   

  “Material Adverse Effect” means (a) a material adverse change in,
      or a material adverse effect upon, the operations, business, properties, liabilities (actual or contingent) or financial condition of the Loan Parties and their Restricted Subsidiaries taken as a whole; (b) a material impairment of the rights and
      remedies of the Administrative Agent or any Lender under any Loan Document, or of the ability of any Loan Party to perform its obligations under any Loan Document to which it is a party; or (c) a material adverse effect upon the legality, validity,
      binding effect or enforceability against any Loan Party of any Loan Document to which it is a party.

   

  “Maturity Date” means March 1, 2025; provided, however,
      that if such date is not a Business Day, the Maturity Date shall be the next preceding Business Day.

   

  “Mexican Pesos” mean the lawful currency of the United Mexican
      States.

   

  “Minimum Collateral Amount” means, at any time, (a) with respect to
      Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to (i) with respect to Letters of Credit denominated in
      Dollars, 103% of the Fronting Exposure of the L/C Issuer with respect to such Letters of Credit issued and outstanding at such time and (ii) with respect to Letters of Credit denominated in an Alternative L/C Currency, 105% of the Fronting Exposure
      of the L/C Issuer with respect to such Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i),
      (a)(ii) or (a)(iii), an amount equal to (i) with respect to Letters of Credit denominated in Dollars, 103% of the Outstanding Amount of all L/C Obligations relating thereto and (ii) with respect to Letters of Credit denominated in an
      Alternative L/C Currency, 105% of the Outstanding Amount of all L/C Obligations relating thereto, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

   

  “Mining Rights” means all interests in the surface of any lands,
      the minerals in (or that may be extracted from) any lands, all royalty agreements, water rights, patented and unpatented mining and millsite claims, fee interests, mineral leases, mining licenses, profits-a-prendre, joint ventures and other leases,
      rights-of-way, inurements, licenses and other rights and interests used by or necessary to mining and related processing operations.

   

  “Moody’s” means Moody’s Investors Service, Inc. and any successor
      to its rating agency business.

   

  
    24 

    
      
 

  

   

  “Mortgages” means the mortgages, deeds of trust or deeds to
      secure debt that purport to grant to the Administrative Agent, for the benefit of the holders of the Obligations, a security interest in the fee interests and/or leasehold interests of any Loan Party in any real property (other than Excluded
      Property).

   

  “Multiemployer Plan” means any employee benefit plan of the type
      described in Section 4001(a)(3) of ERISA, to which the Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions.

   

  “Multiple Employer Plan” means a Plan which has two or more
      contributing sponsors (including the Borrower or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA.

   

  “Non-Consenting Lender” means any Lender that does not approve
      any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.

   

  “Non-Defaulting Lender” means, at any time, each Lender that is
      not a Defaulting Lender at such time.

   

  “Note” has the meaning specified in Section 2.11(a).

   

  “Notice of Loan Prepayment” means a notice of prepayment with
      respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved
      by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

   

  “Obligations” means with respect to each Loan Party (i) all
      advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, and (ii) all obligations of any Loan Party or any Restricted
      Subsidiary owing to a Cash Management Bank or a Hedge Bank in respect of Secured Cash Management Agreements or Secured Hedge Agreements, in each case identified in clauses (i) and (ii) whether direct or indirect (including those
      acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under
      any Debtor Relief Laws naming such Loan Party as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding; provided, however, that the “Obligations” of a Loan Party shall
      exclude any Excluded Swap Obligations with respect to such Loan Party.

   

  “OFAC” means the Office of Foreign Assets Control of the United
      States Department of the Treasury.

   

  “Organization Documents” means, (a) with respect to any
      corporation, the certificate or articles of incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b) with respect to any limited liability company, the certificate or articles of
      formation or organization and operating agreement or limited liability company agreement (or equivalent or comparable documents with respect to any non-U.S. jurisdiction); (c) with respect to any partnership, joint venture, trust or other form of
      business entity, the partnership, joint venture or other applicable agreement of formation or organization (or equivalent or comparable documents with respect to any non-U.S. jurisdiction); and (d) with respect to all entities, any agreement,
      instrument, filing or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority

   

  
    25 

    
      
 

  

   

  in
      the jurisdiction of its formation or organization (or equivalent or comparable documents with respect to any non-U.S. jurisdiction).

   

  “Other Connection Taxes” means, with respect to any Recipient,
      Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations
      under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

   

  “Other Taxes” means all present or future stamp, court or
      documentary, intangible, recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise
      with respect to, any Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 3.06).

   

  “Outstanding Amount” means (a) with respect to any Loans on any
      date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of any Loans occurring on such date; and (b) with respect to any L/C Obligations on any date, the Dollar Equivalent of the
      amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and any other changes in the aggregate amount of the L/C Obligations as of such date, including as a result of any reimbursements by
      the Borrower of Unreimbursed Amounts.

   

  “Palmarejo Mine” means the surface and underground silver and
      gold mine owned by Coeur Mexicana located in the state of Chihuahua in northern Mexico.

   

  “Participant” has the meaning specified in Section 11.06(d).

   

  “Participant Register” has the meaning specified in Section
        11.06(d).

   

  “PBGC” means the Pension Benefit Guaranty Corporation.

   

  “Pension Funding Rules” means the rules of the Internal Revenue
      Code and ERISA regarding minimum required contributions (including any installment payment thereof) to Pension Plans and set forth in Section 412, 430, 431, 432 and 436 of the Internal Revenue Code and Sections 302, 303, 304 and 305 of ERISA.

   

  “Pension Plan” means any employee pension benefit plan (including
      a Multiple Employer Plan or a Multiemployer Plan) that is maintained or is contributed to by the Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the
      Internal Revenue Code.

   

  “Permitted Acquisition” means an Investment consisting of an
      Acquisition by any Loan Party or any Restricted Subsidiary, provided that (a) no Event of Default shall have occurred and be continuing or would result from such Acquisition, (b) the property acquired (or the property of the Person acquired)
      in such Acquisition is used or useful in a Permitted Business, and (c) the Loan Parties are in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently
      ended for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to such Acquisition on a Pro Forma Basis.

   

  
    26 

    
      
 

  

   

  “Permitted Bond Hedge Transaction” means any call or capped call
      option (or substantively equivalent derivative transaction) on the Borrower’s common stock purchased by the Borrower in connection with the issuance of any Convertible Indebtedness; provided that the purchase price for such Permitted Bond
      Hedge Transaction, less the proceeds received by the Borrower from the sale of any related Permitted Warrant Transaction, does not exceed the net proceeds received by the Borrower from the sale of such Convertible Indebtedness issued in connection
      with the Permitted Bond Hedge Transaction.

   

  “Permitted Business” means (a) the acquisition, exploration,
      development, operation and disposition of mining and precious or base metal processing properties and assets, and (b) any other business that is the same as, or reasonably related, ancillary or complementary to, the business described in clause
        (a) or to any of the businesses in which the Borrower and its Restricted Subsidiaries are engaged on the Closing Date.

   

  “Permitted Business Investments” means (a) Investments made in
      the ordinary course of, or of a nature that are customary in, the mining business as a means of exploiting, exploring for, acquiring, developing, processing, gathering, producing, transporting or marketing gold, silver or other precious or base
      metals used, useful or created in the mining business, including through agreements, acquisitions, transactions, interests or arrangements which permit one to share (or have the effect of sharing) risks or costs, comply with regulatory requirements
      regarding ownership or satisfy other customary objectives in the mining business, and in any event including, without limitation, Investments made in connection with or in the form of (i) direct or indirect ownership interests in mining properties,
      gathering or upgrading systems or facilities and (ii) operating agreements, development agreements, area of mutual interest agreements, pooling agreements, service contracts, joint venture agreements, partnership or limited liability company
      agreements (whether general or limited), or other similar or customary agreements, transactions, properties, interests or arrangements, and Investments and expenditures in connection therewith or pursuant thereto; and (b) Investments in a Person
      engaged in a Permitted Business.

   

  “Permitted Encumbrance” means, with respect to any real property,
      including any property subject to a Mortgage (a) any Lien for current real property taxes and assessments not yet delinquent, or that are being contested by appropriate proceedings diligently conducted in good faith for which adequate reserves in
      accordance with GAAP have been made; (b) covenants, conditions and restrictions, rights of way, easements, mineral rights and water rights reservations; (c) Liens created pursuant to the Loan Documents; (d) the claims of materialmen, mechanics,
      carriers, warehousemen, processors or landlords for labor, materials, supplies or rentals incurred in the ordinary course of business, which (i) are not overdue for a period of more than sixty (60) days, or if more than sixty (60) days overdue, no
      action has been taken to enforce such Liens or such Liens are being contested in good faith and by appropriate proceedings if adequate reserves are maintained to the extent required by GAAP and (ii) do not, individually or in the aggregate,
      materially impair the use thereof in the operation of the business of the Borrower or any of its Restricted Subsidiaries; (e) encumbrances in the nature of zoning restrictions, easements and rights or, reservations, exceptions, restrictions of record
      on the use of real property, which individually or in the aggregate are not substantial in amount and which do not, in any case, materially detract from the value of such property or materially impair the use thereof in the ordinary conduct of
      business, including any reservations or exceptions in patents from the United States or any state thereof and the paramount title of the United States or any state thereof in unpatented mining claims on federal and state lands, respectively; (f)
      Liens (other than monetary Liens) on any such property (x) of any Subsidiary which are in existence at the time that such Subsidiary is acquired (assuming such acquisition occurs after the date hereof) and (y) of the Borrower or any of its Restricted
      Subsidiaries existing at the time such property is purchased or otherwise acquired by the Borrower or such Subsidiary thereof pursuant to a transaction permitted pursuant to this Agreement (assuming such acquisition occurs after the Closing Date); provided
      that, with respect to each of the foregoing clauses (x) and (y), (A) such Liens are not incurred in connection with, or in anticipation of, such acquisition, (B) such Liens shall encumber only those assets which secured such

   

  
    27 

    
      
 

  

   

  Indebtedness at the time such assets were acquired by the Borrower or its Restricted
      Subsidiaries (including after-acquired property included in the scope of any such Lien at the time such assets were acquired) and (C) the Indebtedness secured by such Liens is permitted under Section 6.01 of this Agreement; (g) contractual or
      statutory Liens of landlords to the extent relating to the property and assets relating to any lease agreements with such landlord; (h) any interest or title of a licensor, sublicensor, lessor or sublessor with respect to any assets under any license
      or lease agreement entered into in the ordinary course of business which do not (x) interfere in any material respect with the business of the Borrower or its Restricted Subsidiaries or materially detract from the value of the relevant assets of the
      Borrower or its Restricted Subsidiaries or (y) secure any Indebtedness; (i) encumbrances on mining properties described in Section 7.01(x); (j) exceptions for matters of public record that are set forth in the policy or policies of title
      insurance issued by a title insurance company and delivered to the Administrative Agent with respect thereto and other minor imperfections on title that do not individually or in the aggregate detract from the use or value of the property; and (k)
      other matters to which like properties are commonly subject (other than Indebtedness) that could not, individually or in the aggregate, have a Material Adverse Effect on the benefits of the security intended to be provided by the related Mortgage or
      the value, use, enjoyment or marketability of the property subject to a Mortgage.

   

  “Permitted Liens” means, at any time, Liens in respect of
      property of any Loan Party or any Restricted Subsidiary permitted to exist at such time pursuant to the terms of Section 7.01.

   

  “Permitted Refinancing Indebtedness” shall mean any Indebtedness
      of any Loan Party or any Restricted Subsidiary issued in exchange for, or the net proceeds of which are used to renew, refund, refinance, replace, defease or discharge other Indebtedness of any Loan Party or any other Restricted Subsidiary (other
      than intercompany Indebtedness); provided that:

   

  (a)                the principal amount (or accreted value, if
      applicable) of such Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness renewed, refunded, refinanced, replaced, defeased or discharged (plus all accrued interest on the
      Indebtedness and the amount of all fees and expenses, including premiums, incurred in connection therewith), at the time of such renewal, refunding, replacement, defeasance or discharge;

   

  (b)               such Permitted Refinancing Indebtedness has
      a final maturity date later than the final maturity date of, and has a Weighted Average Life to Maturity that is (i) equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being renewed, refunded, refinanced, replaced,
      defeased or discharged or (ii) more than ninety (90) days after the Maturity Date;

   

  (c)                if the Indebtedness being renewed,
      refunded, refinanced, replaced, defeased or discharged is subordinated in right of payment to the Obligations, such Permitted Refinancing Indebtedness is subordinated in right of payment to the Obligations on terms at least as favorable to the
      Lenders as those contained in the documentation governing the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged; and

   

  (d)               such Indebtedness is incurred either by any
      Loan Party or by any other Restricted Subsidiary that was the obligor on the Indebtedness being renewed, refunded, refinanced, replaced, defeased or discharged and is guaranteed only by Persons who were obligors on the Indebtedness being renewed,
      refunded, refinanced, replaced, defeased or discharged.

   

  “Permitted Warrant Transaction” means any call option, warrant or
      right to purchase (or substantively equivalent derivative transaction) on the Borrower’s common stock sold by the Borrower

   

  
    28 

    
      
 

  

   

  substantially concurrently with any purchase by the Borrower of a related Permitted Bond
      Hedge Transaction.

   

  “Person” means any natural person, corporation, limited liability
      company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.

   

  “Plan” means any employee benefit plan within the meaning of
      Section 3(3) of ERISA (including a Pension Plan), maintained for employees of the Borrower or any ERISA Affiliate or any such Plan to which the Borrower or any ERISA Affiliate is required to contribute on behalf of any of its employees.

   

  “Platform” has the meaning specified in Section 6.02.

   

  “Pre-Adjustment Successor Rate” has the meaning specified in Section 3.07(a).

   

  “Pro Forma Basis” means, with respect to any transaction, that
      for purposes of calculating the financial covenants set forth in Section 7.11, such transaction (including the incurrence of any Indebtedness in connection therewith), and all other transactions with respect to which pro forma effect is
      required to be given pursuant to Section 1.03(c) which have occurred since the commencement of such period and on or prior to the date of the transaction being tested, shall be deemed to have occurred as of the first day of the most recent
      four fiscal quarter period preceding the date of such transaction for which financial statements were required to be delivered pursuant to Section 6.01(a) or 6.01(b). In connection with the foregoing, (a) with respect to any
      Disposition or Recovery Event or any sale, transfer or other disposition that results in a Person ceasing to be a Subsidiary or any designation of a Restricted Subsidiary as an Unrestricted Subsidiary, (i) income statement and cash flow statement
      items (whether positive or negative) attributable to the property or Person disposed of or the Subsidiary so designated shall be excluded to the extent relating to any period occurring prior to the date of such transaction and (ii) Indebtedness which
      is retired shall be excluded and deemed to have been retired as of the first day of the applicable period and (b) with respect to any Acquisition, other Investment or designation of an Unrestricted Subsidiary as a Restricted Subsidiary, (i) income
      statement and cash flow statement items attributable to the Person or property acquired (or the Subsidiary so designated) shall be included to the extent relating to any period applicable in such calculations to the extent (A) such items are not
      otherwise included in such income statement and cash flow statement items for the Borrower and its Restricted Subsidiaries in accordance with GAAP or in accordance with any defined terms set forth in Section 1.01 and (B) such items are
      supported by either (x) financial statements prepared in accordance with GAAP or (y) other financial information reasonably satisfactory to the Administrative Agent and (ii) any Indebtedness incurred or assumed by any Loan Party or any Restricted
      Subsidiary (including the Person or property acquired) in connection with such transaction and any Indebtedness of the Person or property acquired which is not retired in connection with such transaction (A) shall be deemed to have been incurred as
      of the first day of the applicable period and (B) if such Indebtedness has a floating or formula rate, shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate which is or would
      be in effect with respect to such Indebtedness as at the relevant date of determination (taking into account any Swap Contract applicable to such Indebtedness if such Swap Contract has a remaining term in excess of 12 months).

   

  “PTE” means a prohibited transaction class exemption issued by
      the U.S. Department of Labor, as any such exemption may be amended from time to time.

   

  “Public Lender” has the meaning specified in Section 6.02.

   

  “Qualified ECP Guarantor” means, at any time, each Loan Party
      with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity

   

  
    29 

    
      
 

  

   

  Exchange Act and can cause another Person to qualify as an “eligible contract participant”
      at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

   

  “Qualified Equity Interests” of any Person means any Equity
      Interests of such Person that is not a Disqualified Equity Interests.

   

  “Real Property Security Documents” means with respect to the fee
      interest and/or leasehold interest of any Loan Party in any real property (other than Excluded Property):

   

  (a)       a fully executed and notarized Mortgage encumbering
      the fee interest and/or leasehold interest of such Loan Party in such real property;

   

  (b)       (i) other than with respect to any real property
      identified on Schedule 4.01, if requested by the Administrative Agent in its sole discretion, maps or plats of an as-built survey of the sites of such real property certified to the Administrative Agent and the title insurance company issuing
      the policies referred to in clause (c) of this definition in a manner reasonably satisfactory to each of the Administrative Agent and such title insurance company, dated a date reasonably satisfactory to each of the Administrative Agent and
      such title insurance company by an independent professional licensed land surveyor, which maps or plats and the surveys on which they are based shall be sufficient to delete any standard printed survey exception contained in the applicable title
      policy and be made in accordance with the Minimum Standard Detail Requirements for Land Title Surveys jointly established and adopted by the American Land Title Association and the American Congress on Surveying and Mapping in 2011 with items 2, 3,
      4, 6(b), 7(a), 7(b)(1), 7(c), 8, 9, 10, 11(a), 13, 14, 16,17, 18 and 19 on Table A thereof completed and (ii) with respect to each real property identified on Schedule 4.01, if reasonably requested by the Administrative Agent, copies of such
      maps or plats that currently exist and are in the possession of any Loan Party of surveys of the sites of such real property;

   

  (c)       ALTA mortgagee title insurance policies issued by a
      title insurance company acceptable to the Administrative Agent with respect to such real property, assuring the Administrative Agent that the Mortgage covering such real property creates a valid and enforceable first priority mortgage lien on such
      real property, free and clear of all defects and encumbrances except Permitted Liens, which title insurance policies shall otherwise be in form and substance reasonably satisfactory to the Administrative Agent and shall include such endorsements as
      are requested by the Administrative Agent;

   

  (d)       (i) a completed “Life-of-Loan” Federal Emergency
      Management Agency Standard Flood Hazard Determination with respect to such real property (together with a notice about special flood hazard area status and flood disaster assistance duly executed by each Loan Party relating thereto) and (ii) if such
      real property is a Flood Hazard Property, (A)  notices to (and confirmations of receipt by) such Loan Party as to the existence of a special flood hazard and, if applicable, the unavailability of flood hazard insurance under the National Flood
      Insurance Program and (B) evidence of applicable flood insurance, if available, in each case in such form, on such terms and in such amounts as required by The National Flood Insurance Reform Act of 1994 or as otherwise required by the Administrative
      Agent;

   

  (e)       if requested by the Administrative Agent in its sole
      discretion, copies of final environmental assessment reports, environmental studies and related information provided by the Loan Parties to applicable Governmental Authorities in connection with obtaining necessary permits with respect to the
      ownership and operation of such real property;

   

  
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  (f)       if requested by the Administrative Agent in its
      reasonable discretion, evidence reasonably satisfactory to the Administrative Agent that such real property, and the uses of such real property, are in compliance in all material respects with all applicable zoning Laws (the evidence submitted as to
      which should include the zoning designation made for such real property, the permitted uses of such real property under such zoning designation and, if available, zoning requirements as to parking, lot size, ingress, egress and building setbacks);

   

  (g)       in the case of a leasehold interest of any Loan
      Party in such real property, (i) such estoppel letters, consents and waivers from the landlords on such real property as may be reasonably required by the Administrative Agent in connection with Mortgages on material mining properties, which estoppel
      letters shall be in the form and substance reasonably satisfactory to the Administrative Agent and (ii) evidence that the applicable lease, a memorandum of lease with respect thereto, or other evidence of such lease in form and substance reasonably
      satisfactory to the Administrative Agent, has been or will be recorded in all places to the extent necessary or desirable, in the judgment of the Administrative Agent, so as to enable the Mortgage encumbering such leasehold interest to effectively
      create a valid and enforceable first priority lien (subject to Permitted Liens) on such leasehold interest in favor of the Administrative Agent (or such other Person as may be required or desired under local Law); and

   

  (h)       if requested by the Administrative Agent in its sole
      discretion, an opinion of legal counsel to the Loan Party granting the Mortgage on such real property, addressed to the Administrative Agent and each Lender, relating to the enforceability and perfection of such Mortgage and such other similar
      matters as are customarily addressed in such a Mortgage opinion, in form and substance reasonably acceptable to the Administrative Agent.

   

  “Recipient” means the Administrative Agent, any Lender, the L/C
      Issuer or any other recipient of any payment to be made by or on account of any obligation of any Loan Party hereunder.

   

  “Recovery Event” means any loss of, damage to or destruction of,
      or any condemnation or other taking for public use of, any property of any Loan Party or any Restricted Subsidiary.

   

  “Register” has the meaning specified in Section 11.06(c).

   

  “Related Adjustment” means, in determining any LIBOR Successor
      Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

   

  (a)        the spread adjustment, or method for calculating or determining such
      spread adjustment, that has been selected or recommended by the Relevant Governmental Body for the relevant Pre-Adjustment Successor Rate (taking into account the interest period, interest payment date or payment period for interest calculated and/or
      tenor thereto) and which adjustment or method (x) is published on an information service as selected by the Administrative Agent from time to time in its reasonable discretion or (y) solely with respect to Term SOFR, if not currently published, which
      was previously so recommended for Term SOFR and published on an information service acceptable to the Administrative Agent; or

   

    

  (b)        the spread adjustment that would apply (or has
      previously been applied) to the fallback rate for a derivative transaction referencing the ISDA Definitions (taking into account the interest period, interest payment date or payment period for interest calculated and/or tenor thereto).

   

  
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  “Related Parties” means, with respect to any Person, such
      Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates.

   

  “Relevant Governmental Body” means the Federal Reserve Board
      and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York.

   

  “Reportable Event” means any of the events set forth in Section
      4043(c) of ERISA, other than events for which the thirty-day notice period has been waived.

   

  “Request for Credit Extension” means (a) with respect to a
      Borrowing, conversion or continuation of Loans, a Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swingline Loan, a Swingline Loan Notice.

   

  “Required Lenders” means, at any time, Lenders having Total
      Credit Exposures representing more than 50% of the Total Credit Exposures of all Lenders. The Total Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Lenders at any time; provided that the amount of any
      participation in any Swingline Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swingline Lender or L/C
      Issuer, as the case may be, in making such determination.

   

  “Resignation Effective Date” has the meaning specified in Section

        9.06.

   

  “Resolution Authority” means an EEA Resolution Authority or, with
      respect to any UK Financial Institution, a UK Resolution Authority.

   

  “Responsible Officer” means the chief executive officer,
      president, vice president, chief financial officer, treasurer, assistant treasurer, controller or general counsel of a Loan Party, and, solely for purposes of the delivery of incumbency certificates, the secretary or any assistant secretary of a Loan
      Party and, solely for purposes of notices given pursuant to Article II, any other officer or employee of the applicable Loan Party so designated by any of the foregoing officers in a notice to the Administrative Agent or any other officer or
      employee of the applicable Loan Party designated in or pursuant to an agreement between the applicable Loan Party and the Administrative Agent. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be
      conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. To the
      extent requested by the Administrative Agent, each Responsible Officer will provide an incumbency certificate and appropriate authorization documentation, in form and substance reasonably satisfactory to the Administrative Agent.

   

  “Restricted Payment” means (a) any dividend or other distribution
      (whether in cash, securities or other property) with respect to any Equity Interests of any Person, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption,
      retirement, defeasance, acquisition, cancellation or termination of any such Equity Interests or on account of any return of capital to such Person’s stockholders, partners or members (or the equivalent Person thereof), or any option, warrant or
      other right to acquire any such dividend or other distribution or payment, (b) any payment made in cash to holders of Convertible Bond Indebtedness in excess of the original principal (or notional) amount thereof and interest thereon (and, to the
      extent not permissible to be satisfied with shares of common stock, customary redemption, mandatory conversion or similar premiums, if any), except to the extent that a corresponding amount is received in cash (whether through a direct cash

   

  
    32 

    
      
 

  

   

  payment or a settlement in shares of stock that are immediately sold for cash) substantially
      contemporaneously from the other parties to a Permitted Bond Hedge Transaction relating to such Convertible Bond Indebtedness and (c) any cash payment (other than payments in cash in lieu of fractional shares) made in connection with the settlement
      of a Permitted Warrant Transaction solely to the extent the Borrower has the option of satisfying such payment obligation through the issuance of capital stock.

   

  “Restricted Subsidiary” means any Subsidiary other than an
      Unrestricted Subsidiary. Each Loan Party (other than, for the avoidance of doubt, the Borrower) shall be a Restricted Subsidiary.

   

  “Revolving Commitment” means, as to each Lender, its obligation
      to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swingline Loans, in an aggregate principal amount at any one time outstanding not to
      exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in any documentation executed by such Lender pursuant to Section 2.16 or in the Assignment and Assumption pursuant to which such Lender becomes a party
      hereto, as applicable as such amount may be adjusted from time to time in accordance with this Agreement. Revolving Commitments shall include any Incremental Revolving Commitment and any Extended Revolving Commitment.

   

  “Revolving Credit Exposure” means, as to any Lender at any time,
      the aggregate principal amount at such time of its outstanding Revolving Loans and such Lender’s participation in L/C Obligations and Swingline Loans at such time.

   

  “Revolving Loan” has the meaning specified in Section 2.01(a),
      and shall include any Extended Revolving Loan.

   

  “Rochester Mine” means the silver and gold surface mining
      operation owned by Coeur Rochester located in northwestern Nevada.

   

  “S&P” means Standard & Poor’s Financial Services LLC, a
      subsidiary of S&P Global Inc., and any successor to the rating agency business thereof.

   

  “Sale and Leaseback Transaction” means, with respect to any
      Person, any arrangement, directly or indirectly, whereby such Person shall sell or transfer any property used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property that it
      intends to use for substantially the same purpose or purposes as the property being sold or transferred.

   

  “Sanction(s)” means any sanction administered or enforced by the
      United States Government, including OFAC, the United Nations Security Council, the European Union, Her Majesty’s Treasury (“HMT”) or other relevant sanctions authority applicable to the Borrower and its Subsidiaries.

   

  “Scheduled Unavailability Date” has the meaning specified in Section

        3.07.

   

  “SEC” means the Securities and Exchange Commission, or any
      Governmental Authority succeeding to any of its principal functions.

   

  “Second Amendment Effective Date” means April 30, 2019.

   

  “Secured Cash Management Agreement” means any Cash Management
      Agreement that is entered into by and between any Loan Party or any Restricted Subsidiary and any Cash Management Bank with respect to such Cash Management Agreement. For the avoidance of doubt, a holder of Obligations in

   

  
    33 

    
      
 

  

   

  respect of Secured Cash Management Agreements shall be subject to the last paragraph of Section

        8.03 and Section 9.11.

   

  “Secured Hedge Agreement” means any Swap Contract that is entered
      into by and between any Loan Party or any Restricted Subsidiary and any Hedge Bank with respect to such Swap Contract. For the avoidance of doubt, a holder of Obligations in respect of Secured Hedge Agreements shall be subject to the last paragraph
      of Section 8.03 and Section 9.11.

   

  “Secured Party Designation Notice” means a notice from any Lender
      or an Affiliate of a Lender substantially in the form of Exhibit 1.01.

   

  “Security Agreement” means the security and pledge agreement,
      dated as of the Closing Date, executed in favor of the Administrative Agent for the benefit of the holders of the Obligations by each of the Loan Parties.

   

  “Senior Notes” means the 5.125% senior unsecured notes of the
      Borrower due 2029 in the aggregate principal amount of $375,000,000 issued pursuant to that certain Indenture dated as of March 1, 2021, among the Borrower, the Guarantors party thereto and The Bank of New York Mellon, as trustee.

   

  “SOFR” with respect to any Business Day means the secured
      overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s website (or any successor source) at approximately
      8:00 a.m. (New York City time) on the immediately succeeding Business Day and, in each case, that has been selected or recommended by the Relevant Governmental Body.

   

  “Solvent” or “Solvency” means, with respect to any Person
      as of a particular date, that on such date (a) such Person is able to pay its debts and other liabilities, contingent obligations and other commitments as they mature in the ordinary course of business, (b) such Person does not intend to, and does
      not believe that it will, incur debts or liabilities beyond such Person’s ability to pay such debts and liabilities as they mature in the ordinary course of business, (c) such Person is not engaged in a business or a transaction, and is not about to
      engage in a business or a transaction, for which such Person’s property would constitute unreasonably small capital, (d) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities,
      of such Person and (e) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured. The amount of
      contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

   

  “Specified Foreign Subsidiary” means any direct or indirect
      Restricted Subsidiary of the Borrower that is a CFC or a Subsidiary of a CFC.

   

  “Specified Loan Party” has the meaning specified in Section
        10.08.

   

  “Sterling Mine” means the mine referred to as the “Sterling Gold
      Project” located in Nye County, Nevada that is owned and operated by Coeur Sterling or any of its Subsidiaries.

   

  “Subsidiary” of a Person means a corporation, partnership, joint
      venture, limited liability company or other business entity of which a majority of the shares of Voting Stock is at the time beneficially owned, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise

   

  
    34 

    
      
 

  

   

  specified, all references herein to a “Subsidiary” or to “Subsidiaries”
      shall refer to a Subsidiary or Subsidiaries of the Borrower.

   

  “Swap Contract” means (a) any and all rate swap transactions,
      basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or
      forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions,
      currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master
      agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association,
      Inc., any International Foreign Exchange Master Agreement, or any similar master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master
      Agreement; provided that “Swap Contract” shall not include (x) any phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or
      any Subsidiary, (y) Convertible Indebtedness, any Permitted Bond Hedge Transactions or Permitted Warrant Transactions or (z) any accelerated share repurchase, share forward purchase contract or similar contract with respect to the Equity Interests of
      the Borrower entered into to consummate any repurchase of the Borrower’s common Equity Interests permitted hereunder.

   

  “Swap Obligation” means with respect to any Guarantor any
      obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.

   

  “Swap Termination Value” means, in respect of any one or more
      Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in
      accordance therewith, such termination value(s) and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market
      or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender).

   

  “Swingline Lender” means Bank of America in its capacity as
      provider of Swingline Loans, or any successor Swingline lender hereunder.

   

  “Swingline Loan” has the meaning specified in Section 2.04(a).

   

  “Swingline Loan Notice” means a notice of a Borrowing of
      Swingline Loans pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit 2.04 or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission
      system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

   

  

  “Swingline Sublimit” means an amount equal to the lesser of (a) $15,000,000 and (b) the Aggregate Revolving Commitments. The Swingline Sublimit is part of, and
    not in addition to, the Aggregate Revolving Commitments. 

   

  
    35 

    
      
 

  

   

  “Synthetic Lease Obligation” means the monetary obligation of a
      Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, or (b) an agreement for the use or possession of property creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or
      bankruptcy of such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment).

   

  “Taxes” means all present or future taxes, levies, imposts,
      duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

   

  “Term SOFR” means the forward-looking term rate for any period
      that is approximately (as determined by the Administrative Agent) as long as any of the Interest Period options set forth in the definition of “Interest Period” and that is based on SOFR and that has been selected or recommended by the Relevant
      Governmental Body, in each case as published on an information service as selected by the Administrative Agent from time to time in its reasonable discretion.

   

  “Threshold Amount” means $35,000,000.

   

  “Total Credit Exposure” means, as to any Lender at any time, the
      unused Commitments of such Lender at such time, the outstanding Loans of such Lender at such time and such Lender’s participation in L/C Obligations and Swingline Loans at such time.

   

  “Total Revolving Outstandings” means the aggregate Outstanding
      Amount of all Revolving Loans, all Swingline Loans and all L/C Obligations.

   

  “Type” means, with respect to any Loan, its character as a Base
      Rate Loan or a Eurodollar Rate Loan.

   

  “UCP” means, with respect to any Letter of Credit, the Uniform
      Customs and Practice for Documentary Credits, International Chamber of Commerce (“ICC”) Publication No. 600 (or such later version thereof as may be in effect at the time of issuance).

   

  “Undisclosed Administration” means, in relation to a Lender or
      its direct or indirect parent company, the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian, or other similar official by a supervisory authority or regulator under or based on the Law in the country
      where such Lender or such parent company is subject to home jurisdiction, if applicable Law requires that such appointment not be disclosed; provided that in any such case, such appointment does not result in or provide such Lender with
      immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or any applicable Governmental Authority) to reject, repudiate, disavow or disaffirm
      any contracts or agreements made with such Lender.

   

  “United States” and “U.S.” mean the United States of
      America.

   

  “Unreimbursed Amount” has the meaning specified in Section
        2.03(c)(i).

   

  “Unrestricted Cash” means, subject to the limitations in Section

        1.03(a) and Section 2.16(c), aggregate amount of unrestricted cash and Cash Equivalents (and cash and Cash Equivalents pledged to the Administrative Agent pursuant to the terms of the Collateral Documents).

   

  
    36 

    
      
 

  

   

  “Unrestricted Subsidiary” means any Subsidiary designated by the
      Borrower pursuant to Section 7.16 as an Unrestricted Subsidiary. As of the Closing Date, there are no Unrestricted Subsidiaries.

   

  “U.S. Person” means any Person that is a “United States Person”
      as defined in Section 7701(a)(30) of the Internal Revenue Code.

   

  “U.S. Tax Compliance Certificate” has the meaning specified in Section

        3.01(e)(ii)(B)(3).

   

  “UK Financial Institution” means any BRRD Undertaking (as such
      term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person subject to IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United
      Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

   

  “UK Resolution Authority” means the Bank of England or any other
      public administrative authority having responsibility for the resolution of any UK Financial Institution.

   

  “Voting Stock” means, with respect to any Person, Equity
      Interests issued by such Person the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even though the right so to vote has been
      suspended by the happening of such a contingency.

   

  “Weighted Average Life to Maturity” shall mean, when applied to
      any Indebtedness at any date, the number of years obtained by dividing:

   

  (a)        the sum of the products obtained by multiplying (i)
      the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect of the Indebtedness, by (ii) the number of years (calculated to the nearest
      one-twelfth) that will elapse between such date and the making of such payment; by

   

  (b)       the then outstanding principal amount of such
      Indebtedness.

   

  “Wharf” means Wharf Resources (U.S.A.), Inc., a Colorado
      corporation.

   

  “Wharf Mine” means the mine referred to as the “Wharf Mine”
      located in Lawrence County, South Dakota that is owned and operated by Wharf or any of its Subsidiaries.

   

  “Wholly-Owned” means, with respect to a Subsidiary, that all of
      the shares of Equity Interests of such Subsidiary are, directly or indirectly, owned or Controlled by the Borrower and/or one or more of its Wholly-Owned Subsidiaries (except for directors’ qualifying shares or other shares required by applicable Law
      to be owned by a Person other than the Borrower and/or one or more of its Wholly-Owned Subsidiaries).

   

  “Write-Down and Conversion Powers” means, (a) with respect to any
      EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU
      Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or
      any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other

   

  
    37 

    
      
 

  

   

  person, to provide that any such contract or instrument is to have effect as if a right had
      been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.

   

  		1.02	Other Interpretive Provisions.

   

  With reference to this Agreement and each other Loan Document, unless
      otherwise specified herein or in such other Loan Document:

   

  (a)                The definitions of terms herein shall apply
      equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including”
      shall be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to
      any agreement, instrument or other document (including any Loan Document or Organization Document) shall be construed as referring to such agreement, instrument or other document as from time to time amended, amended and restated, modified, extended,
      restated, replaced or supplemented from time to time (subject to any restrictions on such amendments, supplements or modifications set forth herein or in any other Loan Document), (ii) any reference herein to any Person shall be construed to include
      such Person’s successors and assigns, (iii) the words “hereto,” “herein,” “hereof” and “hereunder,” and words of similar import when used in any Loan Document, shall be construed to refer to such Loan Document in its
      entirety and not to any particular provision thereof, (iv) all references in a Loan Document to Articles, Sections, Preliminary Statements, Exhibits and Schedules shall be construed to refer to Articles and Sections of, Preliminary Statements of and
      Exhibits and Schedules to, the Loan Document in which such references appear, (v) any reference to any Law shall include all statutory and regulatory rules, regulations, orders and provisions consolidating, amending, replacing or interpreting such
      Law and any reference to any Law or regulation shall, unless otherwise specified, refer to such Law or regulation as amended, modified, extended, restated, replaced or supplemented from time to time, and (vi) the words “asset” and “property”
      shall be construed to have the same meaning and effect and to refer to any and all assets and properties, tangible and intangible, real and personal, including cash, securities, accounts and contract rights.

   

  (b)               In the computation of periods of time from a
      specified date to a later specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means “to and including.”

   

  (c)                Section headings herein and in the other
      Loan Documents are included for convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document.

   

  (d)               Any reference herein to a merger, transfer,
      consolidation, amalgamation, assignment, sale or disposition, or similar term, shall be deemed to apply to a division of or by a limited liability company, or an allocation of assets to a series of a limited liability company (or the unwinding of
      such a division or allocation), as if it were a merger, transfer, consolidation, amalgamation, assignment, sale or disposition, or similar term, as applicable, to, of or with a separate Person. Any division of a limited liability company shall
      constitute a separate Person hereunder (and each division of any limited liability company that is a Subsidiary, joint venture or any other like term shall also constitute such a Person or entity).

   

  		1.03	Accounting Terms.

   

  
    38 

    
      
 

  

   

  (a)                Generally. All accounting terms not
      specifically or completely defined herein shall be construed in conformity with GAAP. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein,
      Indebtedness of the Loan Parties and their Restricted Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded.
      Notwithstanding anything contained herein to the contrary, with respect to determining the permissibility of the incurrence of any Indebtedness, the proceeds thereof shall not be counted as Unrestricted Cash for the purposes of clause (a)(ii)
      of the definition of “Consolidated Net Leverage Ratio.”

   

  (b)               Changes in GAAP. If at any time any
      change in GAAP (including the adoption of IFRS) would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders
      and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, after such request
      shall have been made, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders such information
      as may be reasonably requested with respect to a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP. Without limiting the foregoing, leases shall continue to be classified and
      accounted for on a basis consistent with that reflected in the Audited Financial Statements for all purposes of this Agreement, notwithstanding any change in GAAP relating thereto, unless the parties hereto shall enter into a mutually acceptable
      amendment addressing such changes, as provided for above.

   

  (c)                Consolidation of Variable Interest
        Entities. All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in
      each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a Subsidiary as defined herein.

   

  (d)               Calculations. Notwithstanding the
      above, the parties hereto acknowledge and agree that all calculations of the financial covenants in Section 7.11 (including for purposes of determining the Applicable Rate) shall be made on a Pro Forma Basis with respect to (i) any
      Disposition of all of the Equity Interests of, or all or substantially all of the assets of, a Restricted Subsidiary, (ii) any Disposition of a line of business or division of any Loan Party or Restricted Subsidiary, or (iii) any Acquisition, in each
      case, occurring during the applicable period.

   

  		1.04	Rounding.

   

  Any financial ratios required to be maintained by the Borrower pursuant
      to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the
      nearest number (with a rounding-up if there is no nearest number).

   

  		1.05	Times of Day.

   

  Unless otherwise specified, all references herein to times of day shall
      be references to Eastern time (daylight or standard, as applicable).

   

  
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  		1.06	Letter of Credit Amounts.

   

  Unless otherwise specified herein, the amount of a Letter of Credit at
      any time shall be deemed to be the Dollar Equivalent of the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer
      Document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the Dollar Equivalent of the maximum stated amount of such Letter of Credit after giving
      effect to all such increases, whether or not such maximum stated amount is in effect at such time.

   

  		1.07	Alternative L/C Currencies.

   

  The Borrower may from time to time request that the L/C Issuer issue a
      Letter of Credit in a currency other than Dollars and those specifically listed in the definition of “Alternative L/C Currency”; provided that such requested currency is a lawful currency that is readily available and freely transferable and
      convertible into Dollars and a Dollar Equivalent of such currency may be readily calculated. Such request shall be subject to the approval of the L/C Issuer.

   

  ARTICLE II

      

      THE COMMITMENTS AND CREDIT EXTENSIONS

   

  		2.01	Revolving Loans.

   

  (a)                Revolving Loans. Subject to the
      terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not
      to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate
      Revolving Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the
      Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided
      herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

   

  		2.02	Borrowings, Conversions and Continuations of Loans.

   

  (a)                Each Borrowing, each conversion of Loans
      from one Type to the other, and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by (A) telephone, or (B) a Loan Notice; provided that any
      telephonic notice must be confirmed promptly by delivery to the Administrative Agent of a Loan Notice. Each such Loan Notice must be received by the Administrative Agent not later than 12:00 noon (i) three Business Days prior to the requested date of
      any Borrowing of, conversion to or continuation of, Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base Rate Loans, and (ii) on the requested date of any Borrowing of Base Rate Loans. Each Borrowing of, conversion to or
      continuation of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate
      Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof. Each Loan Notice shall

   

  
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  specify (i) whether the Borrower is requesting a Borrowing, a conversion of Loans
      from one Type to the other, or a continuation of Eurodollar Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Loans to be borrowed,
      converted or continued, (iv) the Type of Loans to be borrowed or to which existing Loans are to be converted, and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to specify a Type of Loan in a Loan
      Notice, then the applicable Loan shall be made as a Base Rate Loan. If the Borrower fails to give a timely notice requesting a conversion or continuation of Eurodollar Rate Loans, then the applicable Loans shall be continued as Eurodollar Rate Loans
      with an Interest Period of one month. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurodollar Rate Loans in any Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period
      of one month.

   

  (b)               Following receipt of a Loan Notice, the
      Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage of the applicable Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each
      Lender of the details of any automatic conversion to Base Rate Loans described in the preceding subsection. In the case of a Borrowing, each Lender shall make the amount of its Loan available to the Administrative Agent in immediately available funds
      at the Administrative Agent’s Office not later than 1:00 p.m. on the Business Day specified in the applicable Loan Notice. Upon satisfaction of the applicable conditions set forth in Section 4.02 (and, if such Borrowing is the initial Credit
      Extension, Section 4.01), the Administrative Agent shall make all funds so received available to the Borrower in like funds as received by the Administrative Agent either by (i) crediting the account of the Borrower on the books of Bank of
      America with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower; provided, however, that if,
      on the date the Loan Notice with respect to a Borrowing of Revolving Loans is given by the Borrower, there are L/C Borrowings outstanding, then the proceeds of such Borrowing, first, shall be applied to the payment in full of any such L/C Borrowings
      and second, shall be made available to the Borrower as provided above.

   

  (c)                Except as otherwise provided herein, a
      Eurodollar Rate Loan may be continued or converted only on the last day of the Interest Period for such Eurodollar Rate Loan. During the existence of an Event of Default, no Loans may be converted to or continued as Eurodollar Rate Loans without the
      consent of the Required Lenders, and the Required Lenders may demand that any or all of the outstanding Eurodollar Rate Loans be converted immediately to Base Rate Loans.

   

  (d)               Each determination of an interest rate by
      the Administrative Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Borrower and the Lenders in the absence of manifest error.

   

  (e)                After giving effect to all Borrowings, all
      conversions of Loans from one Type to the other, and all continuations of Loans as the same Type, there shall not be more than ten Interest Periods in effect.

   

  (f)                Notwithstanding anything to the contrary in
      this Agreement, any Lender may exchange, continue or rollover all or a portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless
      settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.

   

  
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  (g)                This Section 2.02 shall not apply
      to Swingline Loans.

   

  		2.03	Letters of Credit.

   

  (a)                The Letter of Credit Commitment.

   

  (i)                 Subject to the terms and conditions set
      forth herein, (A) the L/C Issuer agrees, in reliance upon the agreements of the Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration
      Date, to issue Letters of Credit denominated in Dollars or Alternative L/C Currencies for the account of the Borrower or any of its Restricted Subsidiaries, and to amend or extend Letters of Credit previously issued by it, in accordance with subsection

        (b) below, and (2) to honor drawings under the Letters of Credit; and (B) the Lenders severally agree to participate in Letters of Credit issued for the account of the Borrower or any of its Restricted Subsidiaries and any drawings thereunder;
      provided that after giving effect to any L/C Credit Extension with respect to any Letter of Credit, (x) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (y) the Revolving Credit Exposure of any Lender
      shall not exceed such Lender’s Revolving Commitment and (z) the Outstanding Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the Borrower for the issuance or amendment of a Letter of Credit shall be deemed
      to be a representation by the Borrower that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, the
      Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and
      reimbursed. All Existing Letters of Credit shall be deemed to have been issued pursuant hereto and deemed L/C Obligations, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.

   

  (ii)               The L/C Issuer shall not issue any Letter
      of Credit if:

   

  (A)              subject to Section 2.03(b)(iii), the
      expiry date of the requested Letter of Credit would occur more than twelve months after the date of issuance or last extension, unless the Lenders (other than Defaulting Lenders) holding a majority of the Revolving Credit Exposure have approved such
      expiry date; or

   

  (B)              the expiry date of such requested Letter of
      Credit would occur after the Letter of Credit Expiration Date, unless all the Lenders that have Revolving Commitments have approved such expiry date.

   

  (iii)             The L/C Issuer shall not be under any
      obligation to issue any Letter of Credit if:

   

  (A)              any order, judgment or decree of any
      Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain the L/C Issuer from issuing such Letter of Credit, or any Law applicable to the L/C Issuer or any request or directive (whether or not having the force of Law) from
      any Governmental Authority with jurisdiction over the L/C Issuer shall prohibit, or request that the L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the L/C Issuer with
      respect to such Letter

   

  
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  of Credit any restriction, reserve or capital requirement (for which the L/C Issuer
      is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense which was not applicable on the Closing Date and which the L/C Issuer in good faith deems material
      to it;

   

  (B)              the issuance of such Letter of Credit would
      violate one or more policies of the L/C Issuer applicable to letters of credit generally;

   

  (C)              except as otherwise agreed by the
      Administrative Agent and the L/C Issuer, such Letter of Credit is in an initial stated amount less than the Dollar Equivalent of $250,000;

   

  (D)              in the case of a Letter of Credit is to be
      denominated in a currency other than Dollars, the L/C Issuer does not as of the issuance date of such requested Letter of Credit issue Letters of Credit in the requested currency;

   

  (E)               any Lender is at that time a Defaulting
      Lender, unless the L/C Issuer has entered into arrangements, including the delivery of Cash Collateral, satisfactory to the L/C Issuer (in its sole discretion) with the Borrower or such Defaulting Lender to eliminate the L/C Issuer’s actual or
      potential Fronting Exposure (after giving effect to Section 2.15(b)) with respect to the Defaulting Lender arising from either the Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which
      the L/C Issuer has actual or potential Fronting Exposure, as it may elect in its sole discretion;

   

  (F)               such Letter of Credit contains any
      provisions for automatic reinstatement of the stated amount after any drawing thereunder;

   

  (G)              such Letter of Credit is to be denominated in
      a currency other than Dollars or, subject to agreement with the L/C Issuer, an Alternative L/C Currency.

   

  (iv)             The L/C Issuer shall not amend any Letter of
      Credit if the L/C Issuer would not be permitted at such time to issue the Letter of Credit in its amended form under the terms hereof.

   

  (v)               The L/C Issuer shall be under no obligation
      to amend any Letter of Credit if (A) the L/C Issuer would have no obligation at such time to issue the Letter of Credit in its amended form under the terms hereof, or (B) the beneficiary of the Letter of Credit does not accept the proposed amendment
      to the Letter of Credit.

   

  (vi)             The L/C Issuer shall act on behalf of the
      Lenders with respect to any Letters of Credit issued by it and the documents associated therewith, and the L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article IX with respect to any
      acts taken or omissions suffered by the L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in Article

        IX included the L/C Issuer with respect to such acts or omissions, and (B) as additionally provided herein with respect to the L/C Issuer.

   

  
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  (b)              Procedures for Issuance and Amendment of
        Letters of Credit; Auto-Extension Letters of Credit.

   

  (i)                 Each Letter of Credit shall be issued or
      amended, as the case may be, upon the request of the Borrower delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the
      Borrower. Such Letter of Credit Application may be sent by fax transmission, by United States mail, by overnight courier, by electronic transmission using the system provided by the L/C Issuer, by personal delivery or by any other means acceptable to
      the L/C Issuer. Such Letter of Credit Application must be received by the L/C Issuer and the Administrative Agent not later than 12:00 noon at least two (2) Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may
      agree in a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall
      specify in form and detail satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount and currency thereof; (C) the expiry date thereof; (D) the name and address of
      the beneficiary thereof; (E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; (G) the purpose and nature
      of the requested Letter of Credit; and (H) such other matters as the L/C Issuer may reasonably require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail
      satisfactory to the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the proposed amendment; and (D) such other matters as the L/C Issuer may require.
      Additionally, the Borrower shall furnish to the L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter of Credit issuance or amendment, including any Issuer Documents, as the L/C Issuer or the
      Administrative Agent may require.

   

  (ii)               Promptly after receipt of any Letter of
      Credit Application, the L/C Issuer will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit Application from the Borrower and, if not, the L/C Issuer will
      provide the Administrative Agent with a copy thereof. Unless the L/C Issuer has received written notice from any Lender, the Administrative Agent or any Loan Party, at least one Business Day prior to the requested date of issuance or amendment of the
      applicable Letter of Credit, that one or more applicable conditions contained in Article IV shall not then be satisfied, then, subject to the terms and conditions hereof, the L/C Issuer shall, on the requested date, issue a Letter of Credit
      for the account of the Borrower or the applicable Restricted Subsidiary or enter into the applicable amendment, as the case may be, in each case in accordance with the L/C Issuer’s usual and customary business practices. Immediately upon the issuance
      of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer a risk participation in such Letter of Credit in an amount equal to the product of such Lender’s Applicable
      Percentage times the amount of such Letter of Credit.

   

  (iii)             If the Borrower so requests in any
      applicable Letter of Credit Application, the L/C Issuer may, in its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”); provided 

    

   

  
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  that any
        such Auto-Extension Letter of Credit must permit the L/C Issuer to prevent any such extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the
      beneficiary thereof not later than a day (the “Non-Extension Notice Date”) in each such twelve-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the L/C Issuer, the Borrower shall not be
      required to make a specific request to the L/C Issuer for any such extension. Once an Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the L/C Issuer to permit the extension of such
      Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date; provided, however, that the L/C Issuer shall not permit any such extension if (A) the L/C Issuer has determined that it would not be
      permitted, or would have no obligation, at such time to issue such Letter of Credit in its revised form (as extended) under the terms hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.03(a) or
      otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before the day that is seven Business Days before the Non-Extension Notice Date (1) from the Administrative Agent that the Required Lenders have elected not to
      permit such extension or (2) from the Administrative Agent, any Lender or the Borrower that one or more of the applicable conditions specified in Section 4.02 is not then satisfied, and in each case directing the L/C Issuer not to permit such
      extension.

   

  (iv)             Promptly after its delivery of any Letter of
      Credit or any amendment to a Letter of Credit to an advising bank with respect thereto or to the beneficiary thereof, the L/C Issuer will also deliver to the Borrower and the Administrative Agent a true and complete copy of such Letter of Credit or
      amendment.

   

  (c)                Drawings and Reimbursements; Funding of
        Participations.

   

  (i)                 Upon receipt from the beneficiary of any
      Letter of Credit of any notice of drawing under such Letter of Credit, the L/C Issuer shall notify the Borrower and the Administrative Agent thereof. In the case of a drawing under a Letter of Credit denominated in an Alternative L/C Currency, the
      L/C Issuer shall notify the Borrower of the Dollar Equivalent of the amount of the drawing promptly following the determination thereof. Not later than (x) if such notice of drawing is received by the Borrower by 12:00 noon on the date of any payment
      by the L/C Issuer under a Letter of Credit, 4:00 p.m. on such payment date, or (y) if such notice of drawing is not received by the Borrower by 12:00 noon on the date of any payment by the L/C Issuer under a Letter of Credit, 12:00 noon on the first
      Business Day occurring after such payment date (each such date, an “Honor Date”), the Borrower shall reimburse the L/C Issuer through the Administrative Agent in an amount equal to the Dollar Equivalent of the amount of such drawing (together
      with interest). If the Borrower fails to so reimburse the L/C Issuer by such time, the Administrative Agent shall promptly notify each Lender of the Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the amount of the Dollar
      Equivalent thereof in the case of a Letter of Credit denominated in an Alternative L/C Currency) (the “Unreimbursed Amount”), and the amount of such Lender’s Applicable Percentage thereof. In such event, the Borrower shall be deemed to have
      requested a Borrowing of Revolving Loans that are Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount
      of Base Rate Loans, but subject to the unutilized portion of the Aggregate Revolving Commitments and the conditions set forth in Section 4.02 (other than the delivery of a Loan Notice). Any notice given by the L/C Issuer or the Administrative
      Agent pursuant to this Section 2.03(c)(i)

   

  
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  may be given by telephone if promptly confirmed in writing; provided that
      the lack of such a prompt confirmation shall not affect the conclusiveness or binding effect of such notice.

   

  (ii)               Each Lender shall upon any notice pursuant
      to Section 2.03(c)(i) make funds available (and the Administrative Agent may apply Cash Collateral provided for this purpose) for the account of the L/C Issuer, in Dollars, at the Administrative Agent’s Office in an amount equal to its
      Applicable Percentage of the Unreimbursed Amount not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.03(c)(iii), each Lender that so makes funds
      available shall be deemed to have made a Revolving Loan that is a Base Rate Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the L/C Issuer.

   

  (iii)             With respect to any Unreimbursed Amount
      that is not fully refinanced by a Borrowing of Revolving Loans that are Base Rate Loans because the conditions set forth in Section 4.02 cannot be satisfied or for any other reason, the Borrower shall be deemed to have incurred from the L/C
      Issuer an L/C Borrowing in the amount of the Unreimbursed Amount that is not so refinanced, which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the Default Rate. In such event, each Lender’s
      payment to the Administrative Agent for the account of the L/C Issuer pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Lender in
      satisfaction of its participation obligation under this Section 2.03.

   

  (iv)             Until each Lender funds its Revolving Loan
      or L/C Advance pursuant to this Section 2.03(c) to reimburse the L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s Applicable Percentage of such amount shall be solely for the account of the L/C
      Issuer.

   

  (v)               Each Lender’s obligation to make Revolving
      Loans or L/C Advances to reimburse the L/C Issuer for amounts drawn under Letters of Credit, as contemplated by this Section 2.03(c), shall be absolute, irrevocable and unconditional and shall not be affected by any circumstance, including
      (A) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the L/C Issuer, the Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default, or (C) any other
      occurrence, event or condition, whether or not similar to any of the foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.03(c) is subject to the conditions set forth
      in Section 4.02 (other than delivery by the Borrower of a Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the Borrower to reimburse the L/C Issuer for the amount of any payment made by the
      L/C Issuer under any Letter of Credit, together with interest as provided herein.

   

  (vi)             If any Lender fails to make available to the
      Administrative Agent for the account of the L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in Section 2.03(c)(ii), then, without limiting the
      other provisions of this Agreement, the L/C Issuer shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date
      on which such payment is immediately available to the L/C Issuer at

   

  
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  a rate per annum equal to the greater of the Federal Funds Rate and a rate
      determined by the L/C Issuer in accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the L/C Issuer in connection with the foregoing. If such Lender pays such
      amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Loan included in the relevant Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A certificate of the L/C
      Issuer submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause (vi) shall be conclusive absent manifest error.

   

  (d)               Repayment of Participations.

   

  (i)                 At any time after the L/C Issuer has made
      a payment under any Letter of Credit and has received from any Lender such Lender’s L/C Advance in respect of such payment in accordance with Section 2.03(c), if the Administrative Agent receives for the account of the L/C Issuer any payment
      in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such
      Lender its Applicable Percentage thereof in the same funds as those received by the Administrative Agent.

   

  (ii)               If any payment received by the
      Administrative Agent for the account of the L/C Issuer pursuant to Section 2.03(c)(i) is required to be returned under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the L/C
      Issuer in its discretion), each Lender shall pay to the Administrative Agent for the account of the L/C Issuer its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date
      such amount is returned by such Lender, at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this
      Agreement.

   

  (e)                Obligations Absolute. The
      obligation of the Borrower to reimburse the L/C Issuer for each drawing under each Letter of Credit and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this
      Agreement under all circumstances, including the following:

   

  (i)                 any lack of validity or enforceability of
      such Letter of Credit, this Agreement or any other Loan Document;

   

  (ii)               the existence of any claim, counterclaim,
      setoff, defense or other right that any Loan Party or any Restricted Subsidiary may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be
      acting), the L/C Issuer or any other Person, whether in connection with this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction;

   

  (iii)             any draft, demand, certificate or other
      document presented under such Letter of Credit proving to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or any loss or delay in the

   

  
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  transmission or otherwise of any document required in order to make a drawing
      under such Letter of Credit;

   

  (iv)             waiver by the L/C Issuer of any requirement
      that exists for the L/C Issuer’s protection and not the protection of the Borrower or any waiver by the L/C Issuer which does not in fact materially prejudice the Borrower;

   

  (v)               honor of a demand for payment presented
      electronically even if such Letter of Credit requires that demand be in the form of a draft;

   

  (vi)             any payment made by the L/C Issuer in
      respect of an otherwise complying item presented after the date specified as the expiration date of, or the date by which documents must be received under such Letter of Credit if presentation after such date is authorized by the UCC, the ISP or the
      UCP, as applicable;

   

  (vii)           any payment by the L/C Issuer under such
      Letter of Credit against presentation of a draft or certificate that does not strictly comply with the terms of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in
      bankruptcy, debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any
      proceeding under any Debtor Relief Law;

   

  (viii)         any other circumstance or happening
      whatsoever, whether or not similar to any of the foregoing, including any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Loan Party or any Restricted Subsidiary; or

   

  (ix)             any adverse change in the relevant exchange
      rates or in the availability of the relevant Alternative L/C currency to the Borrower or any Restricted Subsidiary or in the relevant currency markets generally.

   

  The Borrower shall promptly examine a copy of each Letter of Credit and each amendment
      thereto that is delivered to it and, in the event of any claim of noncompliance with the Borrower’s instructions or other irregularity, the Borrower will promptly notify the L/C Issuer. The Borrower shall be conclusively deemed to have waived any
      such claim against the L/C Issuer and its correspondents unless such notice is given as aforesaid.

   

  (f)                Role of L/C Issuer. Each Lender and
      the Borrower agree that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than any sight or time draft, certificates and documents expressly required by such Letter of
      Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuer, the Administrative Agent, any of their respective Related Parties
      nor any correspondent, participant or assignee of the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of the Lenders or the Required Lenders, as applicable; (ii)
      any action taken or omitted in the absence of gross negligence or willful misconduct; or (iii) the due execution, effectiveness, validity or enforceability of any document or instrument related to any Letter of Credit or Issuer Document. The Borrower
      hereby assumes all risks of the acts or omissions of any beneficiary or transferee with respect to its use of any Letter of Credit; provided, however, that this assumption is not intended to, and shall not, preclude the Borrower from
      pursuing such rights and remedies as it may have against the beneficiary or transferee at law

   

  
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  or under any other agreement. None of the L/C Issuer, the Administrative Agent, any
      of their respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for any of the matters described in Section 2.03(e); provided, however, that anything in such
      clauses to the contrary notwithstanding, the Borrower may have a claim against the L/C Issuer, and the L/C Issuer may be liable to the Borrower, to the extent, but only to the extent, of any direct, as opposed to consequential or exemplary, damages
      suffered by the Borrower which the Borrower proves, as determined by a final nonappealable judgment of a court of competent jurisdiction, were caused by the L/C Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful failure to
      pay under any Letter of Credit after the presentation to it by the beneficiary of a sight or time draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit. In furtherance and not in limitation of the foregoing,
      the L/C Issuer may accept documents that appear on their face to be in order, without responsibility for further investigation, regardless of any notice or information to the contrary, and the L/C Issuer shall not be responsible for the validity or
      sufficiency of any instrument transferring, endorsing or assigning or purporting to transfer, endorse or assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or
      ineffective for any reason. The L/C Issuer may send a Letter of Credit or conduct any communication to or from the beneficiary via the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) message or overnight courier, or any
      other commercially reasonable means of communicating with a beneficiary.

   

  (g)                Applicability of ISP and UCP;
        Limitation of Liability. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to
      each standby Letter of Credit, and (ii) the rules of the UCP shall apply to each commercial Letter of Credit. Notwithstanding the foregoing, the L/C Issuer shall not be responsible to the Borrower for, and the L/C Issuer’s rights and remedies against
      the Borrower shall not be impaired by, any action or inaction of the L/C Issuer required or permitted under any Law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the Law or any
      order of a jurisdiction where the L/C Issuer or the beneficiary is located, the practice stated in the ISP or in the decisions, opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers Association for Finance
      and Trade - International Financial Services Association (BAFT-IFSA), or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such Law or practice.

   

  (h)               Letter of Credit Fees. The Borrower
      shall pay to the Administrative Agent for the account of each Lender in accordance, subject to Section 2.15, with its Applicable Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the
      Applicable Rate for Revolving Loans that are Eurodollar Rate Loans times the Dollar Equivalent of the daily amount available to be drawn under such Letter of Credit. For purposes of computing the Dollar Equivalent of the daily amount
      available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each
      March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears. If
      there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such
      Applicable Rate was in effect.

   

  
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  (i)                 Fronting Fee and Documentary and
        Processing Charges Payable to L/C Issuer. The Borrower shall pay directly to the L/C Issuer for its own account a fronting fee (i) with respect to each commercial Letter of Credit, at the rate specified in the Fee Letter, computed on the Dollar
      Equivalent of the amount of such Letter of Credit, and payable upon the issuance thereof, (ii) with respect to any amendment of a commercial Letter of Credit increasing the amount of such Letter of Credit, at a rate separately agreed between the
      Borrower and the L/C Issuer, computed on the Dollar Equivalent of the amount of such increase, and payable upon the effectiveness of such amendment, and (iii) with respect to each standby Letter of Credit, at the rate per annum specified in the Fee
      Letter, computed on the Dollar Equivalent of the daily amount available to be drawn under such Letter of Credit on a quarterly basis in arrears. Such fronting fee shall be due and payable on the tenth Business Day after the end of each March, June,
      September and December in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit
      Expiration Date and thereafter on demand. For purposes of computing the Dollar Equivalent of the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section
        1.06. In addition, the Borrower shall pay directly to the L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the L/C Issuer relating to letters of
      credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable.

   

  (j)                 Conflict with Issuer Documents. In
      the event of any conflict between the terms hereof and the terms of any Issuer Document, the terms hereof shall control.

   

  (k)               Letters of Credit Issued for Restricted
        Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the Borrower shall be obligated to reimburse the L/C Issuer hereunder
      for any and all drawings under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrower, and that the Borrower’s business derives
      substantial benefits from the businesses of such Restricted Subsidiaries.

   

  2.04          Swingline Loans.

   

  (a)                Swingline Facility. Subject to the
      terms and conditions set forth herein, the Swingline Lender, in reliance upon the agreements of the other Lenders set forth in this Section 2.04, may in its sole discretion make loans (each such loan, a “Swingline Loan”) to the
      Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of the Swingline Sublimit, notwithstanding the fact that such Swingline Loans, when
      aggregated with the Applicable Percentage of the Outstanding Amount of Revolving Loans and L/C Obligations of the Lender acting as Swingline Lender, may exceed the amount of such Lender’s Revolving Commitment; provided, however, that
      (i) after giving effect to any Swingline Loan, (A) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments and (B) the Revolving Credit Exposure of any Lender shall not exceed such Lender’s Revolving Commitment, (ii) the
      Borrower shall not use the proceeds of any Swingline Loan to refinance any outstanding Swingline Loan and (iii) the Swingline Lender shall not be under any obligation to make any Swingline Loan if it shall determine (which determination shall be
      conclusive and binding absent manifest error) that it has, or by such Credit Extension may have, Fronting Exposure. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.04,
      prepay under Section 2.05, and reborrow under this Section 2.04. Each Swingline Loan shall

   

  
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  be a Base Rate Loan. Immediately upon the making of a Swingline Loan, each Lender
      shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swingline Lender a risk participation in such Swingline Loan in an amount equal to the product of such Lender’s Applicable Percentage times the amount
      of such Swingline Loan.

   

  (b)               Borrowing Procedures.

   

  (i)                 Each Borrowing of Swingline Loans shall
      be made upon the Borrower’s irrevocable notice to the Swingline Lender and the Administrative Agent, which may be given by (A) telephone or (B) by a Swingline Loan Notice; provided that any telephonic notice must be confirmed promptly by
      delivery to the Swingline Lender and the Administrative Agent of a Swingline Loan Notice. Each such Swingline Loan Notice must be received by the Swingline Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date,
      and shall specify (i) the amount to be borrowed, which shall be a minimum principal amount of $100,000, and (ii) the requested borrowing date, which shall be a Business Day. Promptly after receipt by the Swingline Lender of any Swingline Loan Notice,
      the Swingline Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swingline Loan Notice and, if not, the Swingline Lender will notify the Administrative Agent (by
      telephone or in writing) of the contents thereof. Unless the Swingline Lender has received notice (by telephone or in writing) from the Administrative Agent (including at the request of any Lender) prior to 2:00 p.m. on the date of the proposed
      Borrowing of Swingline Loans (A) directing the Swingline Lender not to make such Swingline Loan as a result of the limitations set forth in the first proviso to the first sentence of Section 2.04(a), or (B) that one or more of the applicable
      conditions specified in Article IV is not then satisfied, then, subject to the terms and conditions hereof, the Swingline Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swingline Loan Notice, make the amount of
      its Swingline Loan available to the Borrower.

   

  (c)                Refinancing of Swingline Loans.

   

  (i)                 The Swingline Lender at any time in its
      sole discretion may request, on behalf of the Borrower (which hereby irrevocably authorizes the Swingline Lender to so request on its behalf), that each Lender make a Revolving Loan that is a Base Rate Loan in an amount equal to such Lender’s
      Applicable Percentage of the amount of Swingline Loans then outstanding. Such request shall be made in writing (which written request shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02,
      without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Revolving Commitments and the conditions set forth in Section 4.02. The
      Swingline Lender shall furnish the Borrower with a copy of the applicable Loan Notice promptly after delivering such notice to the Administrative Agent. Each Lender shall make an amount equal to its Applicable Percentage of the amount specified in
      such Loan Notice available to the Administrative Agent in immediately available funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable Swingline Loan) for the account of the Swingline Lender at the
      Administrative Agent’s Office not later than 1:00 p.m. on the day specified in such Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Lender that so makes funds available shall be deemed to have made a Revolving Loan that is a Base
      Rate Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the Swingline Lender.

   

  
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  (ii)               If for any reason any Swingline Loan
      cannot be refinanced by such a Borrowing of Revolving Loans in accordance with Section 2.04(c)(i), the request for Revolving Loans that are Base Rate Loans submitted by the Swingline Lender as set forth herein shall be deemed to be a request
      by the Swingline Lender that each of the Lenders fund its risk participation in the relevant Swingline Loan and each Lender’s payment to the Administrative Agent for the account of the Swingline Lender pursuant to Section 2.04(c)(i) shall be
      deemed payment in respect of such participation.

   

  (iii)             If any Lender fails to make available to
      the Administrative Agent for the account of the Swingline Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swingline
      Lender shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately
      available to the Swingline Lender at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the Swingline Lender in accordance with banking industry rules on interbank compensation, plus any administrative,
      processing or similar fees customarily charged by the Swingline Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Loan included
      in the relevant Borrowing or funded participation in the relevant Swingline Loan, as the case may be. A certificate of the Swingline Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause

        (iii) shall be conclusive absent manifest error.

   

  (iv)             Each Lender’s obligation to make Revolving
      Loans or to purchase and fund risk participations in Swingline Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment,
      defense or other right that such Lender may have against the Swingline Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether or not
      similar to any of the foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.04(c) is subject to the conditions set forth in Section 4.02 (other than delivery by
      the Borrower of a Loan Notice). No such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swingline Loans, together with interest as provided herein.

   

  (d)               Repayment of Participations.

   

  (i)                 At any time after any Lender has
      purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Lender its Applicable Percentage thereof in the same funds as
      those received by the Swingline Lender.

   

  (ii)               If any payment received by the Swingline
      Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline
      Lender in its discretion), each Lender shall pay to the Swingline Lender its Applicable Percentage thereof on demand of the

   

  
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  Administrative Agent, plus interest thereon from the date of such demand to the
      date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in
      full of the Obligations and the termination of this Agreement.

   

  (e)                Interest for Account of Swingline
        Lender. The Swingline Lender shall be responsible for invoicing the Borrower for interest on the Swingline Loans. Until each Lender funds its Revolving Loans that are Base Rate Loans or risk participation pursuant to this Section 2.04
      to refinance such Lender’s Applicable Percentage of any Swingline Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swingline Lender.

   

  (f)                Payments Directly to Swingline Lender.
      The Borrower shall make all payments of principal and interest in respect of the Swingline Loans directly to the Swingline Lender.

   

  		2.05	Prepayments.

   

  (a)                Voluntary Prepayments of Loans.

   

  (i)                 Revolving Loans. The Borrower
      may, upon delivery of a Notice of Loan Prepayment to the Administrative Agent, at any time or from time to time voluntarily prepay Revolving Loans in whole or in part without premium or penalty; provided that, unless otherwise agreed by the
      Administrative Agent, (A) such notice must be received by the Administrative Agent not later than 12:00 noon (1) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and (2) on the date of prepayment of Base Rate Loans; (B)
      any such prepayment of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); and (C) any prepayment of Base Rate
      Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding). Each such notice shall specify the date and amount of such prepayment and the
      Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s
      Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a
      Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Subject to Section 2.15, each such prepayment shall be applied to the
      Loans of the applicable Lenders in accordance with their respective Applicable Percentages.

   

  (ii)               Swingline Loans. The Borrower may,
      upon notice to the Swingline Lender (with a copy to the Administrative Agent), at any time or from time to time, voluntarily prepay Swingline Loans in whole or in part without premium or penalty; provided that, unless otherwise agreed by the
      Swingline Lender, (i) such notice must be received by the Swingline Lender and the Administrative Agent not later than 1:00 p.m. on the date of the prepayment, and (ii) any such prepayment shall be in a minimum principal amount of $100,000 or a whole
      multiple of $100,000 in excess thereof (or, if less, the entire principal thereof then outstanding). Each such notice shall specify the date and amount of such prepayment. If such notice is given by the Borrower, the Borrower

   

  
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  shall make such prepayment and the payment amount specified in such notice shall
      be due and payable on the date specified therein. Any prepayment of a Swingline Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.

   

  (b)               Mandatory Prepayments of Loans.

   

  (i)                 Revolving Commitments. If for any
      reason the Total Revolving Outstandings at any time exceed the Aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or Swingline Loans and/or Cash Collateralize the L/C Obligations in an aggregate
      amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans
      and Swingline Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect.

   

  (ii)               Application of Mandatory Prepayments.
      All amounts required to be paid pursuant to this Section 2.05(b) shall be applied, first, ratably to the L/C Borrowings and the Swingline Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the
      remaining L/C Obligations.

   

  Within the parameters of the applications set forth above,
      prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without
      premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

   

  		2.06	Termination or Reduction of Aggregate Revolving Commitments.

   

  The Borrower may, upon notice to the Administrative Agent, terminate the
      Aggregate Revolving Commitments, the Letter of Credit Sublimit or the Swingline Sublimit, or from time to time permanently reduce the Aggregate Revolving Commitments, the Letter of Credit Sublimit or the Swingline Sublimit; provided that (i) any such
      notice shall be received by the Administrative Agent not later than 12:00 noon five Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 or any whole multiple of
      $1,000,000 in excess thereof, (iii) the Borrower shall not terminate or reduce the Aggregate Revolving Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Revolving Outstandings would exceed the
      Aggregate Revolving Commitments, (iv) the Borrower shall not terminate or reduce the Letter of Credit Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of the L/C Obligations would exceed the
      Letter of Credit Sublimit, (v) the Borrower shall not terminate or reduce the Swingline Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of Swingline Loans would exceed the Swingline
      Sublimit and (vi) if, after giving effect to any reduction of the Aggregate Revolving Commitments, the Letter of Credit Sublimit or the Swingline Sublimit exceeds the amount of the Aggregate Revolving Commitments, such sublimit shall be automatically
      reduced by the amount of such excess. The Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction. Any reduction of the Aggregate Revolving Commitments shall be applied to the Revolving Commitment of each
      Lender according to its Applicable Percentage. All fees accrued until the effective date of any termination of the Aggregate Revolving Commitments shall be paid on the effective date of such termination.

   

  		2.07	Repayment of Loans.

   

  
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  (a)                Revolving Loans. The Borrower shall
      repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

   

  (b)               Swingline Loans. The Borrower shall
      repay each Swingline Loan on the earlier to occur of (i) the date ten Business Days after such Swingline Loan is made and (ii) the Maturity Date.

   

  		2.08	Interest.

   

  (a)                Subject to the provisions of subsection
        (b) below, (i) each Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of the Eurodollar Rate for such Interest Period plus the Applicable
      Rate; (ii) each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the sum of the Base Rate plus the Applicable Rate; and (iii) each Swingline Loan
      shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the sum of the Base Rate plus the Applicable Rate. To the extent that any calculation of interest or any fee
      required to be paid under this Agreement shall be based on (or result in) a calculation that is less than zero, such calculation shall be deemed zero for purposes of this Agreement.

   

  (b)               (i) If any amount of principal of any Loan,
      or any interest, fees or other amounts due hereunder, is not paid when due, whether at stated maturity, by acceleration or otherwise, such overdue amount shall thereafter bear interest at the Default Rate to the fullest extent permitted by applicable
      Laws.

   

  (ii)       Accrued and unpaid interest on past due amounts
      (including interest on past due interest) shall be due and payable upon demand.

   

  (c)                Interest on each Loan shall be due and
      payable in arrears on each Interest Payment Date applicable thereto and at such other times as may be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after
      the commencement of any proceeding under any Debtor Relief Law.

   

  		2.09	Fees.

   

  In addition to certain fees described in subsections (h) and (i)
      of Section 2.03:

   

  (a)                Commitment Fee. The Borrower shall
      pay to the Administrative Agent, for the account of each Lender in accordance with its Applicable Percentage, a commitment fee equal to the product of (i) the Applicable Rate times (ii) the actual daily amount by which the Aggregate Revolving
      Commitments exceed the sum of (y) the Outstanding Amount of Revolving Loans and (z) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.15. For the avoidance of doubt, the Outstanding Amount of Swingline
      Loans shall not be counted towards or considered usage of the Aggregate Revolving Commitments for purposes of determining the commitment fee. The commitment fee shall accrue at all times during the Availability Period, including at any time during
      which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the
      Closing Date, and on the last day of the Availability Period. The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual

   

  
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  daily amount shall be computed and multiplied by the Applicable Rate separately for
      each period during such quarter that such Applicable Rate was in effect.

   

  (b)               Other Fees.

   

  (i)                 The Borrower shall pay to the Arranger
      and the Administrative Agent for their own respective accounts fees in the amounts and at the times specified in the Fee Letter. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever.

   

  (ii)               The Borrower shall pay to the Lenders such
      fees as shall have been separately agreed upon in writing in the amounts and at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever.

   

  		2.10	Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate.

   

  (a)      All computations of interest for Base Rate Loans
      (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of
      a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue
      on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each
      determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

   

  (b)      If, as a result of any restatement of or other
      adjustment to the financial statements of the Borrower or for any other reason, the Borrower or the Lenders determine that (i) the Consolidated Net Leverage Ratio as calculated by the Borrower as of any applicable date was inaccurate and (ii) a
      proper calculation of the Consolidated Net Leverage Ratio would have resulted in higher pricing for such period, the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable
      Lenders or the L/C Issuer, as the case may be, promptly on demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States,
      automatically and without further action by the Administrative Agent, any Lender or the L/C Issuer), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees
      actually paid for such period. This paragraph shall not limit the rights of the Administrative Agent, any Lender or the L/C Issuer, as the case may be, under this Agreement to the payment of any Obligations hereunder at the Default Rate or under Article

        VIII. The Borrower’s obligations under this paragraph shall survive the termination of the Aggregate Revolving Commitments and the repayment of all other Obligations hereunder.

   

  		2.11	Evidence of Debt.

   

  (a)      The Credit Extensions made by each Lender shall be
      evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent
      manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any

   

  
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  error in doing so shall not, however, limit or otherwise affect
      the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in
      respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender
      (through the Administrative Agent) a promissory note, which shall evidence such Lender’s Loans in addition to such accounts or records. Each such promissory note shall be in the form of Exhibit 2.11(a) (a “Note”). Each Lender may
      attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto.

   

  (b)      In addition to the accounts and records referred to
      in subsection (a) above, each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit and Swingline
      Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the Administrative Agent shall control in
      the absence of manifest error.

   

  		2.12	Payments Generally; Administrative Agent’s Clawback.

   

  (a)      General. All payments to be made by the
      Borrower shall be made free and clear of and without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative
      Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will
      promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent
      after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. Subject to Section 2.07(b) and as otherwise specifically provided for in this Agreement, if any payment
      to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.

   

  (b)     (i) Funding by Lenders; Presumption by
        Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 noon on the
      date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with Section 2.02
      (or, in the case of a Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the time required by Section 2.02) and may, in reliance upon such assumption, make available to the Borrower a
      corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent
      forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative
      Agent, at (A) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation,

   

  
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  plus any administrative, processing or similar fees customarily charged by the
      Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans. If the Borrower and such Lender shall pay such interest to the Administrative Agent
      for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the applicable Borrowing to the Administrative
      Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to
      the Administrative Agent.

   

  (ii)          Payments by Borrower; Presumptions by
        Administrative Agent. Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer hereunder that the
      Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the L/C Issuer, as the case
      may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders or the L/C Issuer, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so
      distributed to such Lender or the L/C Issuer, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the
      greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation.

   

  A notice of the Administrative Agent to any Lender or the Borrower with
      respect to any amount owing under this subsection (b) shall be conclusive, absent manifest error.

   

  (c)             Failure to Satisfy Conditions Precedent.
      If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative
      Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such
      Lender) to such Lender, without interest.

   

  (d)             Obligations of Lenders Several. The
      obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and Swingline Loans and to make payments pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Loan, to
      fund any such participation or to make any payment under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the
      failure of any other Lender to so make its Loan, to purchase its participation or to make its payment under Section 11.04(c).

   

  (e)             Funding Source. Nothing herein shall be
      deemed to obligate any Lender to obtain the funds for any Loan in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner.

   

  	2.13	Sharing of Payments by Lenders.

   

  
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  If any Lender shall, by exercising any right of setoff or counterclaim
      or otherwise, obtain payment in respect of any principal of or interest on any of the Loans made by it, or the participations in L/C Obligations or in Swingline Loans held by it resulting in such Lender’s receiving payment of a proportion of the
      aggregate amount of such Loans or participations and accrued interest thereon greater than its pro rata share thereof as provided herein, then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and
      (b) purchase (for cash at face value) participations in the Loans and subparticipations in L/C Obligations and Swingline Loans of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall
      be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them, provided that:

   

  (i)           if any such participations or subparticipations
      are purchased and all or any portion of the payment giving rise thereto is recovered, such participations or subparticipations shall be rescinded and the purchase price restored to the extent of such recovery, without interest; and

   

  (ii)          the provisions of this Section shall not be
      construed to apply to (A) any payment made by or on behalf of the Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender), (B) the
      application of Cash Collateral provided for in Section 2.14, or (C) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or subparticipations in L/C Obligations or Swingline
      Loans to any assignee or participant, other than an assignment to any Loan Party or any Subsidiary (as to which the provisions of this Section shall apply).

   

  Each Loan Party consents to the foregoing and agrees, to the extent it
      may effectively do so under applicable Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against such Loan Party rights of setoff and counterclaim with respect to such participation as fully as if such
      Lender were a direct creditor of such Loan Party in the amount of such participation.

   

  	2.14	Cash Collateral.

   

  (a)             Certain Credit Support Events. If (i)
      the L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, (ii) as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, (iii)
      the Borrower shall be required to provide Cash Collateral pursuant to Section 2.05 or 8.02(c) or (iv) there shall exist a Defaulting Lender, the Borrower shall immediately (in the case of clause (iii) above) or within one
      Business Day (in all other cases) following any request by the Administrative Agent or the L/C Issuer provide Cash Collateral in an amount not less than the applicable Minimum Collateral Amount (determined in the case of Cash Collateral provided
      pursuant to clause (iv) above, after giving effect to Section 2.15(b) and any Cash Collateral provided by the Defaulting Lender).

   

  (b)             Grant of Security Interest. The
      Borrower, and to the extent provided by any Defaulting Lender, such Defaulting Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuer and the Lenders, and agrees
      to maintain, a first priority security interest in all such cash, deposit accounts and all balances therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations
      to which such Cash Collateral may be applied pursuant to Section 2.14(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent or the L/C
      Issuer

   

  
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  as herein provided (other than Liens permitted under Section
        7.01(m)), or that the total amount of such Cash Collateral is less than the Minimum Collateral Amount, the Borrower will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in
      an amount sufficient to eliminate such deficiency. All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit accounts at Bank of America. The Borrower shall
      pay on demand therefor from time to time all customary account opening, activity and other administrative fees and charges in connection with the maintenance and disbursement of Cash Collateral.

   

  (c)              Application. Notwithstanding anything
      to the contrary contained in this Agreement, Cash Collateral provided under any of this Section 2.14 or Sections 2.03, 2.05, 2.15 or 8.02 in respect of Letters of Credit shall be held and applied to the
      satisfaction of the specific L/C Obligations, obligations to fund participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral
      was so provided, prior to any other application of such property as may otherwise be provided for herein.

   

  (d)             Release. Cash Collateral (or the
      appropriate portion thereof) provided to reduce Fronting Exposure or to secure other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure or other obligations giving rise thereto (including by the
      termination of Defaulting Lender status of the applicable Lender (or, as appropriate, its assignee following compliance with Section 11.06(b)(vi))) or (ii) the determination by the Administrative Agent and the L/C Issuer that there exists
      excess Cash Collateral; provided, however, (x) any such release shall be without prejudice to, and any disbursement or other transfer of Cash Collateral shall be and remain subject to, any other Lien conferred under the Loan Documents
      and the other applicable provisions of the Loan Documents, and (y) the Person providing Cash Collateral and the L/C Issuer may agree that Cash Collateral shall not be released but instead held to support future anticipated Fronting Exposure or other
      obligations.

   

  2.15          Defaulting Lenders.

   

  (a)             Adjustments. Notwithstanding anything
      to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as that Lender is no longer a Defaulting Lender, to the extent permitted by applicable Law:

   

  (i)                 Waivers and Amendments. Such
      Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of “Required Lenders” and Section 11.01.

   

  (ii)               Defaulting Lender Waterfall. Any
      payment of principal, interest, fees or other amounts received by the Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article VIII or otherwise) or received by the
      Administrative Agent from a Defaulting Lender pursuant to Section 11.08 shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting
      Lender to the Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the L/C Issuer or Swingline Lender hereunder; third, to Cash Collateralize the L/C Issuer’s
      Fronting Exposure with respect to such Defaulting Lender in accordance with Section 2.14; fourth, as the Borrower may request (so long as no Default exists), to the funding of any Loan in respect of which such Defaulting Lender has
      failed to fund its portion thereof as required

   

  
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  by this Agreement, as determined by the Administrative Agent; fifth, if so
      determined by the Administrative Agent and the Borrower, to be held in a deposit account and released pro rata in order to (x) satisfy such Defaulting Lender’s potential future funding obligations with respect to Loans under this Agreement and (y)
      Cash Collateralize the L/C Issuer’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance with Section 2.14; sixth, to the payment of any
      amounts owing to the Lenders, the L/C Issuer or Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, the L/C Issuer or the Swingline Lender against such Defaulting Lender as a result of such
      Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default exists, to the payment of any amounts owing to the Borrower as a result of any judgment of a court of competent jurisdiction obtained by the
      Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to such Defaulting Lender or as otherwise required under the Loan Documents in connection with any
      Lien conferred thereunder or directed by a court of competent jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans or L/C Borrowings in respect of which such Defaulting Lender has not fully funded
      its appropriate share, and (y) such Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in Section 4.02 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and
      L/C Obligations owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C Obligations owed to, such Defaulting Lender until such time as all Loans and funded and unfunded participations in
      L/C Obligations and Swingline Loans are held by the Lenders pro rata in accordance with the Commitments hereunder without giving effect to Section 2.15(b). Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that
      are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.15(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto.

   

  (iii)     Certain Fees.

   

  (A)              No Defaulting Lender shall be entitled to
      receive any fee payable under Section 2.09(a) for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that
      Defaulting Lender).

   

  (B)              Each Defaulting Lender shall be entitled to
      receive Letter of Credit Fees for any period during which that Lender is a Defaulting Lender only to the extent allocable to its Applicable Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.14.

   

  (C)              With respect to any Letter of Credit Fee not
      required to be paid to any Defaulting Lender pursuant to clause (B) above, the Borrower shall (x) pay to each Non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with respect to such Defaulting
      Lender’s participation in L/C Obligations that has been reallocated to such Non-Defaulting Lender pursuant to clause (b) below, (y) pay to the L/C Issuer the amount of any such fee otherwise payable to such Defaulting Lender to the extent
      allocable to such L/C Issuer’s Fronting Exposure to such Defaulting Lender, and (z) not be required to pay the remaining amount of any such fee.

   

  
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  (b)               Reallocation of Applicable Percentages
        to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages
      (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment.
      Subject to Section 11.20, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a
      Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

   

  (c)                Cash Collateral, Repayment of Swingline
        Loans. If the reallocation described in clause (b) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under applicable Law, (x) first,
      prepay Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and (y) second, Cash Collateralize the L/C Issuer’s Fronting Exposure in accordance with the procedures set forth in Section 2.14.

   

  (d)               Defaulting Lender Cure. If the
      Borrower, the Administrative Agent, the Swingline Lender and the L/C Issuer agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in
      such notice and subject to any conditions set forth therein (which may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or
      take such other actions as the Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swingline Loans to be held on a pro rata basis by the Lenders in accordance with
      their Applicable Percentages (without giving effect to Section 2.15(b)), whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made
      by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will
      constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender.

   

  2.16          Incremental Facility Loans.

   

  Subject to the terms and conditions set forth herein, the Borrower shall
      have the right, from time to time and upon at least ten Business Days’ prior written notice to the Administrative Agent (an “Incremental Request”), to request to incur one or more tranches of term loans (“Incremental Term Loans”; and
      any credit facility for providing for any Incremental Term Loans being referred to as an “Incremental Term Facility”) and/or increase the Aggregate Revolving Commitments (the “Incremental Revolving Commitments”, and together with any
      Incremental Term Facility are referred to collectively as the “Incremental Facilities”; and revolving loans made thereunder the “Incremental Revolving Loans”; the Incremental Revolving Loans, together with the Incremental Term Loans are
      referred to herein as the “Incremental Facility Loans”) in up to four increases during the term of this Agreement subject, however, in any such case, to satisfaction of the following conditions precedent:

   

  (a)                after the Fifth Amendment Effective Date,
      the aggregate amount of all Incremental Revolving Commitments and Incremental Term Loans effected pursuant to this Section 2.16 shall not exceed $100,000,000;

   

  
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  (b)               on the date on which any Incremental
      Facility Amendment is to become effective, both immediately prior to and immediately after giving effect to such Incremental Revolving Commitments (assuming that the full amount of the Incremental Revolving Loans thereunder shall have been funded on
      such date) or the incurrence of such Incremental Term Loans and any related transactions, no Default shall have occurred and be continuing;

   

  (c)                after giving effect to such Incremental
      Revolving Commitments (assuming the full amount of the Incremental Revolving Loans thereunder have been funded) or the incurrence of such Incremental Term Loans, and in each case any related transactions, on a Pro Forma Basis, the Loan Parties shall
      be in compliance with the financial covenants set forth in Section 7.11 (it being understood and agreed that for purposes of calculating the Consolidated Net Leverage Ratio under this clause (c), the identifiable proceeds of such
      Incremental Facility Loans shall not qualify as Unrestricted Cash for the purposes of clause (a)(ii) of the definition of Consolidated Net Leverage Ratio);

   

  (d)               the representations and warranties set forth
      in Article V shall be true and correct in all material respects (or if such representation and warranty is qualified by materiality or Material Adverse Effect, it shall be true and correct) on and as of the date on which such Incremental
      Facility Amendment is to become effective, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects (or if such representation and
      warranty is qualified by materiality or Material Adverse Effect, it shall be true and correct) as of such earlier date;

   

  (e)                such Incremental Facility shall be in a
      minimum amount of $10,000,000 and in integral multiples of $5,000,000 in excess thereof (or such lesser amounts as agreed by the Administrative Agent);

   

  (f)                any Incremental Revolving Commitments shall
      be made on the same terms and provisions (other than upfront fees) as apply to the existing Revolving Commitments, including with respect to maturity date, interest rate and prepayment provisions, and shall not constitute a credit facility separate
      and apart from the existing revolving credit facility set forth in Section 2.01(a);

   

  (g)                any Incremental Term Loans shall: (A) rank
      pari passu in right of payment priority with the Revolving Loans, (B) share ratably in rights in the Collateral and the Guaranty, (C) have a final maturity date that is no earlier than the Maturity Date, (D) have a Weighted Average Life to Maturity
      that is no shorter than the Weighted Average Life to Maturity of any then-existing Incremental Term Loan (it being understood that, subject to the foregoing, the amortization schedule applicable to such Incremental Term Loans shall be determined by
      the Borrower and the Lenders of such Incremental Term Loans) and (E) otherwise be on terms reasonably satisfactory to the Administrative Agent, provided that, such terms and documentation relating to such Incremental Term Loans shall not be
      materially more favorable (taken as a whole) to the Lenders providing such Incremental Term Loans than those applicable to the other Loans and Commitments (except (x) with respect to prepayments and fees and, to the extent permitted above, the
      maturity date, amortization and interest rate and (y) for covenants or other provisions (1) applicable only to periods after the latest Maturity Date then in effect or (2) added for the benefit of all of the Lenders);

   

  (h)               the Administrative Agent shall have received
      additional commitments in a corresponding amount of such requested Incremental Facility Loans from either existing Lenders and/or one or more other institutions that qualify as Eligible Assignees (it being understood and agreed that no existing
      Lender shall be required to provide an additional commitment);

   

  
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  (i)                 the Administrative Agent shall have
      received all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation as required by applicable Law and as reasonably required by the Administrative Agent; and

   

  (j)                 the Administrative Agent shall have
      received customary closing certificates and legal opinions and all other documents (including resolutions of the board of directors of the Loan Parties) it may reasonably request relating to the corporate or other necessary authority for such
      Incremental Facility Loans and the validity thereof, and any other matters relevant thereto, all in form and substance reasonably satisfactory to the Administrative Agent.

   

  Any Incremental Facility shall be evidenced by an amendment (an “Incremental

        Facility Amendment”) to this Agreement, giving effect to the modifications permitted by this Section 2.16 (and subject to the limitations set forth in the immediately preceding paragraph), executed by the Loan Parties, the
      Administrative Agent and each Lender providing a portion of the Incremental Term Facility and/or Incremental Revolving Commitments, as applicable; which such amendment, when so executed, shall amend this Agreement as provided therein. Each
      Incremental Facility Amendment may also provide for such amendments to the Loan Documents, and such other new Loan Documents, as the Administrative Agent and the Borrower reasonably deems necessary or appropriate to effect the modifications and
      credit extensions permitted by this Section 2.16. Neither any Incremental Facility Amendment, nor any such amendments to the other Loan Documents or such other new Loan Documents, shall be required to be executed or approved by any Lender,
      other than the Lenders providing such Incremental Term Loans and/or Incremental Revolving Commitments, as applicable, and the Administrative Agent, in order to be effective. The effectiveness of any Incremental Facility Amendment shall be subject to
      the satisfaction on the date thereof of each of the conditions set forth above and as such other conditions as requested by the Lenders under the Incremental Facility established in connection therewith.

   

  2.17          Amend and Extend Transactions.

   

  (a)                The Borrower may, by written notice to the
      Administrative Agent from time to time, request an extension (each, an “Extension”) of the Maturity Date of any class of Loans and/or Commitments to the extended maturity date specified in such request. Such notice shall set forth (i) the
      amount of the Revolving Commitments to be extended (which shall be in a minimum amount of $25,000,000), and (ii) the date on which such Extension is requested to become effective (which shall be not less than ten (10) Business Days nor more than
      sixty (60) days after the date of such requested Extension (or such longer or shorter periods as the Administrative Agent shall agree)). Each Lender in respect of any class of Loans shall be offered (an “Extension Offer”) an opportunity to
      participate in such Extension on a pro rata basis and on the same terms and conditions as each other Lender in respect of such class of Loans pursuant to procedures established by, or reasonably acceptable to, the Administrative Agent. Any Lender
      approached to participate in such Extension may elect or decline, in its sole discretion, to participate in such Extension. If the aggregate principal amount of Revolving Commitments (calculated on the face amount thereof) in respect of which Lenders
      shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Revolving Commitments requested to be extended by the Borrower pursuant to such Extension Offer, then the Revolving Commitments of Lenders under
      the applicable class shall be extended ratably up to such maximum amount based on the respective principal amounts (but not to exceed actual holdings of record) with respect to which such Lenders have accepted such Extension Offer.

   

  (b)               It shall be a condition precedent to the
      effectiveness of any Extension that (i) no Default shall have occurred and be continuing immediately prior to and immediately after giving

   

  
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  effect to such Extension, (ii) the representations and warranties of the Borrower
      and each other Loan Party contained in Article V or any other Loan Document, or which are contained in any document furnished at any time under or in connection herewith or therewith, shall be true and correct in all material respects on and
      as of the date of such Extension, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, (iii) the L/C Issuer
      and the Swingline Lender shall have consented to any Extension of the Revolving Commitments to the extent that such Extension provides for the issuance of Letters of Credit or making of Swingline Loans at any time during the extended period, (iv) the
      terms of such Extended Revolving Commitments shall comply with Section 2.17(c) and (v) the Administrative Agent shall have received all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other
      flood-related documentation as required by applicable Law and as reasonably required by the Administrative Agent.

   

  (c)                The terms of each Extension shall be
      determined by the Borrower and the applicable extending Lenders and be set forth in an Extension Amendment; provided, that, (i) the final maturity date of any Extended Revolving Commitment shall be no earlier than the Maturity Date of the
      Revolving Commitments subject to such Extension Offer, (ii) there shall be no scheduled amortization of the Extended Revolving Commitments, (iii) any Extended Revolving Loans shall (A) rank pari passu in right of payment with the Revolving Loans
      being extended, (B) be Guaranteed by the same Guarantors that guarantee the Revolving Loans being extended and (C) be secured by the Collateral on an equal and ratable basis with the Revolving Loans being extended, and (iv) to the extent the terms of
      the Extended Revolving Commitments are inconsistent with the terms set forth herein (except as set forth in clause (i) through (iii) above), such terms shall be reasonably satisfactory to the Administrative Agent.

   

  (d)               In connection with any Extension, the
      Borrower, the Administrative Agent and each applicable extending Lender shall execute and deliver to the Administrative Agent an Extension Amendment and such other documentation as the Administrative Agent shall reasonably specify to evidence the
      Extension. The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Extension. Notwithstanding anything herein to the contrary, any Extension Amendment may, without the consent of any other Lender, effect such
      amendments to this Agreement and the other Loan Documents as may be necessary or appropriate (but only to such extent), in the reasonable opinion of the Administrative Agent and the Borrower, to implement the terms of any such Extension Offer,
      including any amendments necessary to establish Extended Revolving Commitments as a new tranche of Revolving Commitments and such other technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent and
      the Borrower in connection with the establishment of such new tranche (including to preserve the pro rata treatment of the extended and non-extended tranches and to provide for the reallocation of any L/C Obligations or obligations under Swingline
      Loans upon the expiration or termination of the commitments under any tranche), in each case on terms consistent with this Section 2.17).

   

  ARTICLE III

      

      TAXES, YIELD PROTECTION AND ILLEGALITY

   

  		3.01	Taxes.

   

  (a)                Payments Free of Taxes; Obligation to
        Withhold; Payments on Account of Taxes.

   

  
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  (i)                 Any and all payments by or on account of
      any obligation of any Loan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Laws. If any applicable Laws (as determined in the good faith discretion of the Administrative
      Agent or Loan Party, as applicable) require the deduction or withholding of any Tax from any such payment by the Administrative Agent or a Loan Party, then the Administrative Agent or such Loan Party shall be entitled to make such deduction or
      withholding, upon the basis of the information and documentation to be delivered pursuant to subsection (e) below.

   

  (ii)               Without limitation of Section
        3.01(a)(i) above, If any Loan Party or the Administrative Agent shall be required by the Internal Revenue Code to withhold or deduct any Taxes, including both United States Federal backup withholding and withholding taxes, from any payment,
      then (A) the Administrative Agent shall withhold or make such deductions as are determined by the Administrative Agent to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) the
      Administrative Agent shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with the Internal Revenue Code, and (C) to the extent that the withholding or deduction is made on account of Indemnified
      Taxes, the sum payable by the applicable Loan Party shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section
        3.01) the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made.

   

  (iii)             If any Loan Party or the Administrative
      Agent shall be required by any applicable Laws other than the Internal Revenue Code to withhold or deduct any Taxes from any payment, then (A) such Loan Party or the Administrative Agent, as required by such Laws, shall withhold or make such
      deductions as are determined by it to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) such Loan Party or the Administrative Agent, to the extent required by such Laws, shall
      timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with such Laws, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum payable by the applicable
      Loan Party shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section 3.01) the applicable Recipient receives
      an amount equal to the sum it would have received had no such withholding or deduction been made.

   

  (b)               Payment of Other Taxes by the Loan
        Parties. Without limiting the provisions of subsection (a) above, the Loan Parties shall timely pay to the relevant Governmental Authority in accordance with applicable Laws, or at the option of the Administrative Agent timely reimburse
      it for the payment of, any Other Taxes.

   

  (c)                Tax Indemnifications. (i) Each of
      the Loan Parties shall, and does hereby, jointly and severally indemnify each Recipient, and shall make payment in respect thereof within ten days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes
      imposed or asserted on or attributable to amounts payable under this Section 3.01) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient, and any reasonable expenses arising therefrom or
      with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender or

   

  
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  the L/C Issuer (with a copy to the Administrative Agent), or by
      the Administrative Agent on its own behalf or on behalf of a Lender or the L/C Issuer, shall be conclusive absent manifest error. Each of the Loan Parties shall, and does hereby, jointly and severally indemnify the Administrative Agent, and shall
      make payment in respect thereof within ten days after demand therefor, for any amount which a Lender or the L/C Issuer for any reason fails to pay indefeasibly to the Administrative Agent as required pursuant to Section 3.01(c)(ii) below; provided,
      that such payment by the Loan Parties shall not prejudice any rights that the Loan Parties may have against such Lender or L/C Issuer.

   

  (ii)            Each Lender and
      the L/C Issuer shall, and does hereby, severally indemnify, and shall make payment in respect thereof within 10 days after demand therefor, (x) the Administrative Agent against any Indemnified Taxes attributable to such Lender or the L/C Issuer (but
      only to the extent that any Loan Party has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Loan Parties to do so), (y) the Administrative Agent and the Loan Parties, as
      applicable, against any Taxes attributable to such Lender’s failure to comply with the provisions of Section 11.06(d) relating to the maintenance of a Participant Register and (z) the Administrative Agent and the Loan Parties, as applicable,
      against any Excluded Taxes attributable to such Lender or the L/C Issuer, in each case, that are payable or paid by the Administrative Agent or a Loan Party in connection with any Loan Document, and any reasonable expenses arising therefrom or with
      respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be
      conclusive absent manifest error. Each Lender and the L/C Issuer hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender or the L/C Issuer, as the case may be, under this Agreement or any
      other Loan Document against any amount due to the Administrative Agent under this clause (ii).

   

  (d)             Evidence of Payments. As soon as
      practicable, after any payment of Taxes by any Loan Party to a Governmental Authority as provided in this Section 3.01, such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such
      Governmental Authority evidencing such payment, a copy of any return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent.

   

  (e)             Status of Lenders; Tax Documentation.

   

  (i)                 Any Lender that is entitled to an
      exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent,
      such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if
      reasonably requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the
      Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of
      such documentation (other than such documentation set forth in Section 3.01(e)(ii)(A), 3.01(e)(ii)(B) and 3.01(e)(ii)(D) below) shall not be required if in the Lender’s reasonable

   

  
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  judgment such completion, execution or submission would subject
      such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender.

   

  (ii)         Without limiting the generality of the
      foregoing, in the event that the Borrower is a U.S. Person,

   

  (A)          any Lender that is a U.S. Person shall deliver to
      the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed copies
      of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax;

   

  (B)           any Foreign Lender shall, to the extent it is
      legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from
      time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable:

   

  (1)               in the case of a Foreign Lender claiming the
      benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Loan Document, executed copies of IRS Form W-8BEN-E (or W-8BEN, as applicable) establishing an exemption from, or reduction of,
      U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN-E (or W-8BEN, as applicable) establishing an exemption from, or
      reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty;

   

  (2)               executed copies of IRS Form W-8ECI;

   

  (3)               in the case of a Foreign Lender claiming the
      benefits of the exemption for portfolio interest under Section 881(c) of the Internal Revenue Code, (x) a certificate substantially in the form of Exhibit 3.01-A to the effect that such Foreign Lender is not a “bank” within the meaning of
      Section 881(c)(3)(A) of the Internal Revenue Code, a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Internal Revenue Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the
      Internal Revenue Code (a “U.S. Tax Compliance Certificate”) and (y) executed copies of IRS Form W-8BEN-E (or W-8BEN, as applicable); or

   

  (4)               to the extent a Foreign Lender is not the
      beneficial owner, executed copies of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN-E (or W-8BEN, as applicable), a U.S. Tax Compliance Certificate substantially in the form of Exhibit 3.01-B or Exhibit 3.01-C, IRS
      Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender

   

  
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  is a partnership and one or more direct or indirect partners of
      such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit 3.01-D on behalf of each such direct and indirect partner;

   

  (C)           any Foreign Lender shall, to the extent it is
      legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from
      time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed copies (or originals, as required) of any other form prescribed by applicable Law as a basis for claiming exemption from or a reduction in U.S.
      federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable Law to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and

   

  (D)           if a payment made to a Lender under any Loan
      Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Internal Revenue
      Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by Law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation
      prescribed by applicable Law (including as prescribed by Section 1471(b)(3)(C)(i) of the Internal Revenue Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower
      and the Administrative Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for
      purposes of this clause (D), “FATCA” shall include any amendments made to FATCA after the Closing Date.

   

  (iii)        Each Lender agrees that if any form or
      certification it previously delivered pursuant to this Section 3.01 expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing
      of its legal inability to do so.

   

  (f)              Treatment of Certain Refunds. Unless
      required by applicable Laws, at no time shall the Administrative Agent have any obligation to file for or otherwise pursue on behalf of a Lender or the L/C Issuer, or have any obligation to pay to any Lender or the L/C Issuer, any refund of Taxes
      withheld or deducted from funds paid for the account of such Lender or the L/C Issuer, as the case may be. If any Recipient determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been
      indemnified by any Loan Party or with respect to which any Loan Party has paid additional amounts pursuant to this Section 3.01, it shall pay to the Loan Party an amount equal to such refund (but only to the extent of indemnity payments made,
      or additional amounts paid, by a Loan Party under this Section 3.01 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) incurred by such Recipient, and without interest (other than any
      interest paid by the relevant Governmental Authority with respect to such refund), provided that the Loan Party, upon the request of the Recipient, agrees

   

  
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  to repay the amount paid over to the Loan Party (plus any
      penalties, interest or other charges imposed by the relevant Governmental Authority) to the Recipient in the event the Recipient is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this
      subsection, in no event will the applicable Recipient be required to pay any amount to the Loan Party pursuant to this subsection the payment of which would place the Recipient in a less favorable net after-Tax position than such Recipient would have
      been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This subsection
      shall not be construed to require any Recipient to make available its tax returns (or any other information relating to its taxes that it deems confidential) to any Loan Party or any other Person.

   

  (g)             Survival. Each party’s obligations
      under this Section 3.01 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender or the L/C Issuer, the termination of the Aggregate Revolving Commitments and the
      repayment, satisfaction or discharge of all other Obligations.

   

  	3.02	Illegality.

   

  If any Lender reasonably determines that any Law has made it unlawful,
      or that any Governmental Authority has asserted that it is unlawful, for any Lender or its Lending Office to perform any of its obligations hereunder or to make, maintain or fund or charge interest with respect to any Credit Extension or to determine
      or charge interest rates based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London interbank market, then, on
      notice thereof by such Lender to the Borrower through the Administrative Agent, (i) any obligation of such Lender to issue, make, maintain, fund or charge interest with respect to any such Credit Extension or continue Eurodollar Rate Loans or to
      convert Base Rate Loans to Eurodollar Rate Loans shall be suspended and (ii) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate
      component of the Base Rate, the interest rate on which Base Rate Loans of such Lender, shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate, in
      each case until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, (x) the Borrower shall, upon written demand from such Lender (with a
      copy to the Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by
      the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Rate Loans to such day, or
      immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based upon the Eurodollar Rate, the Administrative Agent
      shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to the Eurodollar Rate component thereof until the Administrative Agent is advised in writing by such Lender that it is no longer illegal for
      such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted.

   

  	3.03	Inability to Determine Rates.

   

  (a)                If in connection with any request for a
      Eurodollar Rate Loan or a conversion to or continuation thereof, (i) the Administrative Agent determines that (A) Dollar deposits are not being

   

  
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  offered to banks in the London interbank eurodollar market for
      the applicable amount and Interest Period of such Eurodollar Rate Loan, or (B) (1) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan or in
      connection with an existing or proposed Base Rate Loan and (2) the circumstances described in Section 3.07(a)(i) do not apply) (in each case with respect to this clause (i), “Impacted Loans”), or (ii) the Administrative Agent
      or the Required Lenders reasonably determine that for any reason the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such
      Eurodollar Rate Loan, the Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended (to the extent of the affected Eurodollar
      Rate Loans or Interest Periods), and (y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate component of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate
      shall be suspended, in each case until the Administrative Agent (or, in the case of a determination by the Required Lenders described in clause (ii) of this Section 3.03(a), until the Administrative Agent upon instruction of the
      Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans (to the extent of the affected Eurodollar Rate Loans or
      Interest Periods) or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein.

   

  (b)               Notwithstanding the foregoing, if the
      Administrative Agent has made the determination described in clause (a)(i) of this Section, the Administrative Agent, in consultation with the Borrower and the affected Lenders, may establish an alternative interest rate for the Impacted
      Loans, in which case, such alternative rate of interest shall apply with respect to the Impacted Loans until (1) the Administrative Agent revokes the notice delivered with respect to the Impacted Loans under clause (a)(i) of this Section,
      (2) the Administrative Agent or the Required Lenders notify the Administrative Agent and the Borrower that such alternative interest rate does not adequately and fairly reflect the cost to such Lenders of funding the Impacted Loans, or (3) any Lender
      reasonably determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for such Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference
      to such alternative rate of interest or to determine or charge interest rates based upon such rate or any Governmental Authority has imposed material restrictions on the authority of such Lender to do any of the foregoing and provides the
      Administrative Agent and the Borrower written notice thereof.

   

  		3.04	Increased Costs; Reserves on Eurodollar Rate Loans.

   

  (a)              Increased Costs Generally. If any
      Change in Law shall:

   

  (i)           impose, modify or deem applicable any reserve,
      special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement contemplated by Section 3.04(e))
      or the L/C Issuer;

   

  (ii)          subject any Recipient to any Taxes (other than
      (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits,
      reserves, other liabilities or capital attributable thereto; or

   

  
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  (iii)         impose on any Lender or the L/C Issuer or the
      London interbank market any other condition, cost or expense (other than with respect to Taxes) affecting this Agreement or Eurodollar Rate Loans made by such Lender or any Letter of Credit or participation therein;

   

  and the result of any of the foregoing shall be to increase the cost to
      such Lender of making, converting to, continuing or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or the L/C Issuer of participating in, issuing or maintaining any Letter of
      Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or the L/C Issuer hereunder (whether of principal, interest or any other amount)
      then, upon request of such Lender or the L/C Issuer, the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer, as the case may be, for such
      additional costs incurred or reduction suffered.

   

  (b)             Capital Requirements. If any Lender or
      the L/C Issuer determines that any Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital or liquidity requirements has or would have
      the effect of reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans
      made by, or participations in Letters of Credit or Swingline Loans held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company
      could have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s holding company with respect to capital adequacy), then from time to time the
      Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company for any such reduction suffered.

   

  (c)              Certificates for Reimbursement. A
      certificate of a Lender or the L/C Issuer setting forth in reasonable detail the amount or amounts necessary to compensate such Lender or the L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b)
      of this Section and delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or the L/C Issuer, as the case may be, the amount shown as due on any such certificate within ten Business Days after receipt
      thereof.

   

  (d)             Delay in Requests. Failure or delay on
      the part of any Lender or the L/C Issuer to demand compensation pursuant to the foregoing provisions of this Section shall not constitute a waiver of such Lender’s or the L/C Issuer’s right to demand such compensation, provided that the
      Borrower shall not be required to compensate a Lender or the L/C Issuer pursuant to the foregoing provisions of this Section for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender or the L/C
      Issuer, as the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or the L/C Issuer’s intention to claim compensation therefor (except that, if the Change in Law giving rise
      to such increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof).

   

  (e)              Reserves on Eurodollar Rate Loans. The
      Borrower shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”),
      additional interest on the unpaid principal amount of each Eurodollar Rate Loan equal

   

  
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  to the actual costs of such reserves allocated to such Loan by
      such Lender (as determined by such Lender in good faith, which determination shall be conclusive absent manifest error), which shall be due and payable on each date on which interest is payable on such Loan, provided the Borrower shall have received
      at least ten (10) days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice ten (10) days prior to the relevant Interest Payment Date, such additional interest
      shall be due and payable ten (10) days from receipt of such notice. Such Lender shall deliver a certificate to the Borrower setting forth in reasonable detail a calculation of such additional interest.

   

  		3.05	Compensation for Losses.

   

  Upon demand of any Lender (with a copy to the Administrative Agent) from
      time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense (other than any loss of anticipated profit) incurred by it as a result of:

   

  (a)             any continuation, conversion, payment or
      prepayment of any Eurodollar Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise);

   

  (b)             any failure by the Borrower (for a reason
      other than the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Eurodollar Rate Loan on the date or in the amount notified by the Borrower; or

   

  (c)             any assignment of a Eurodollar Rate Loan on a
      day other than the last day of the Interest Period therefor as a result of a request by the Borrower pursuant to Section 11.13;

   

  including any loss or expense arising from the liquidation or
      reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the
      foregoing.

   

  For purposes of calculating amounts payable by the Borrower to the
      Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate used in determining the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the
      London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded.

   

  		3.06	Mitigation Obligations; Replacement of Lenders.

   

  (a)             Designation of a Different Lending Office.
      If any Lender requests compensation under Section 3.04, or requires the Borrower to pay any Indemnified Taxes or additional amounts to any Lender, the L/C Issuer, or any Governmental Authority for the account of any Lender or the L/C Issuer
      pursuant to Section 3.01, or if any Lender gives a notice pursuant to Section 3.02, then at the request of the Borrower such Lender or the L/C Issuer, as applicable, shall use reasonable efforts to designate a different Lending Office
      for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender or the L/C Issuer, as applicable, such designation or assignment (i)
      would eliminate or reduce amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the future, or eliminate the need for the notice pursuant to Section 3.02, as applicable, and (ii) in each case, would not
      subject such Lender or the L/C Issuer, as the case may be, to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender or the L/C Issuer, as

   

  
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  the case may be. The Borrower hereby agrees to pay all
      reasonable costs and expenses incurred by any Lender or the L/C Issuer in connection with any such designation or assignment.

   

  (b)             Replacement of Lenders. If any Lender
      requests compensation under Section 3.04, or if the Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01 and, in
      each case, such Lender has declined or is unable to designate a different lending office in accordance with Section 3.06(a), the Borrower may replace such Lender in accordance with Section 11.13.

   

  		3.07	Successor LIBOR.

   

  (a)              Notwithstanding anything to the contrary in
      this Agreement or any other Loan Documents, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Borrower or Required Lenders notify the Administrative Agent (with, in the case of the Required
      Lenders, a copy to the Borrower) that the Borrower or Required Lenders (as applicable) have determined, that:

   

  (i)            adequate and reasonable means do not exist for
      ascertaining LIBOR for any Interest Period hereunder or any other tenors of LIBOR, including, without limitation, because the LIBOR Screen Rate is not available or published on a current basis and such circumstances are unlikely to be temporary; or

   

  (ii)            the administrator of the LIBOR Screen Rate or a
      Governmental Authority having or purporting to have jurisdiction over the Administrative Agent or such administrator has made a public statement identifying a specific date after which LIBOR or the LIBOR Screen Rate shall no longer be made available,
      or used for determining the interest rate of loans, provided that, at the time of such statement, there is no successor administrator that is satisfactory to the Administrative Agent, that will continue to provide LIBOR after such specific
      date (such specific date, the “Scheduled Unavailability Date”); or

   

  (iii)          the administrator of the LIBOR Screen Rate or a
      Governmental Authority having jurisdiction over such administrator has made a public statement announcing that all Interest Periods and other tenors of LIBOR are no longer representative; or

   

  (iv)          syndicated loans currently being executed, or that
      include language similar to that contained in Section 3.03 or this Section 3.07, are being executed or amended (as applicable) to incorporate or adopt a new benchmark interest rate to replace LIBOR;

   

  then, in the case of clauses (i) through (iii)
      above, on a date and time determined by the Administrative Agent (any such date, the “LIBOR Replacement Date”), which date shall be at the end of an Interest Period or on the relevant interest payment date, as applicable, for interest
      calculated and shall occur within a reasonable period of time after the occurrence of any of the events or circumstances under clauses (i), (ii) or (iii) above and, solely with respect to clause (ii) above, no later
      than the Scheduled Unavailability Date, LIBOR will be replaced hereunder and under any Loan Document with, subject to the proviso below, the first available alternative set forth in the order below for any payment period for interest calculated that
      can be determined by the Administrative Agent, in each case, without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document (the “LIBOR Successor Rate”; and any such rate before giving
      effect to the Related Adjustment, the “Pre-Adjustment Successor Rate”):

   

  
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  (x)            Term SOFR plus the Related Adjustment;
      and

   

  (y)            SOFR plus the Related Adjustment;

   

  and in the case of clause (iv) above, the Borrower and
      Administrative Agent may amend this Agreement solely for the purpose of replacing LIBOR under this Agreement and under any other Loan Document in accordance with the definition of “LIBOR Successor Rate” and such amendment will become effective at
      5:00 p.m., on the fifth Business Day after the Administrative Agent shall have notified all Lenders and the Borrower of the occurrence of the circumstances described in clause (iv) above unless, prior to such time, Lenders comprising the
      Required Lenders have delivered to the Administrative Agent written notice that such Required Lenders object to the implementation of a LIBOR Successor Rate pursuant to such clause;

   

  provided that, if the Administrative Agent determines
      that Term SOFR has become available, is administratively feasible for the Administrative Agent and would have been identified as the Pre-Adjustment Successor Rate in accordance with the foregoing if it had been so available at the time that the LIBOR
      Successor Rate then in effect was so identified, and the Administrative Agent notifies the Borrower and each Lender of such availability, then from and after the beginning of the Interest Period, relevant interest payment date or payment period for
      interest calculated, in each case, commencing no less than thirty (30) days after the date of such notice, the Pre-Adjustment Successor Rate shall be Term SOFR and the LIBOR Successor Rate shall be Term SOFR plus the relevant Related
      Adjustment.

   

  The Administrative Agent will promptly (in one or more
      notices) notify the Borrower and each Lender of (x) any occurrence of any of the events, periods or circumstances under clauses (i) through (iii) above, (y) a LIBOR Replacement Date and (z) the LIBOR Successor Rate.

   

  Any LIBOR Successor Rate shall be applied in a manner
      consistent with market practice; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such LIBOR Successor Rate shall be applied in a manner as otherwise reasonably determined by the
      Administrative Agent.

   

  Notwithstanding anything else herein to the contrary, if at
      any time any LIBOR Successor Rate as so determined would otherwise be less than zero, the LIBOR Successor Rate will be deemed to be zero for the purposes of this Agreement and the other Loan Documents.

   

  In connection with the implementation of a LIBOR Successor
      Rate, the Administrative Agent will have the right to make LIBOR Successor Rate Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such LIBOR Successor
      Rate Conforming Changes will become effective without any further action or consent of any other party to this Agreement; provided that, with respect to any such amendment so effected, the Administrative Agent shall post each such amendment
      implementing such LIBOR Successor Rate Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

   

  If the events or circumstances of the type described in Section

        3.07(a)(i) through (iii) have occurred with respect to the LIBOR Successor Rate then in effect, then the successor rate thereto shall be determined in accordance with the definition of “LIBOR Successor Rate.”

   

  (b)             Notwithstanding anything to the contrary
      herein, (i) after any such determination by the Administrative Agent or receipt by the Administrative Agent of any such notice described

   

  
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  under Section 3.07(a)(i) through (iii), as applicable, if the
      Administrative Agent determines that none of the LIBOR Successor Rates is available on or prior to the LIBOR Replacement Date, (ii) if the events or circumstances described in Section 3.07(a)(iv) have occurred but none of the LIBOR Successor
      Rates is available, or (iii) if the events or circumstances of the type described in Section 3.07(a)(i) through (iii) have occurred with respect to the LIBOR Successor Rate then in effect and the Administrative Agent determines that
      none of the LIBOR Successor Rates is available, then in each case, the Administrative Agent and the Borrower may amend this Agreement solely for the purpose of replacing LIBOR or any then current LIBOR Successor Rate in accordance with this Section

        3.07 at the end of any Interest Period, relevant interest payment date or payment period for interest calculated, as applicable, with another alternate benchmark rate giving due consideration to any evolving or then existing convention for
      similar Dollar denominated syndicated credit facilities for such alternative benchmarks and, in each case, including any Related Adjustments and any other mathematical or other adjustments to such benchmark giving due consideration to any evolving or
      then existing convention for similar Dollar denominated syndicated credit facilities for such benchmarks, which adjustment or method for calculating such adjustment shall be published on an information service as selected by the Administrative Agent
      from time to time in its reasonable discretion and may be periodically updated. For the avoidance of doubt, any such proposed rate and adjustments shall constitute a LIBOR Successor Rate. Any such amendment shall become effective at 5:00 p.m. on the
      fifth Business Day after the Administrative Agent shall have posted such proposed amendment to all Lenders and the Borrower unless, prior to such time, Lenders comprising the Required Lenders have delivered to the Administrative Agent written notice
      that such Required Lenders object to such amendment.

   

  (c)                If, at the end of any Interest Period,
      relevant interest payment date or payment period for interest calculated, no LIBOR Successor Rate has been determined in accordance with clauses (a) or (b) of this Section 3.07 and the circumstances under clauses (a)(i)
      or (a)(iii) above exist or the Scheduled Unavailability Date has occurred (as applicable), the Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain
      Eurodollar Rate Loans shall be suspended (to the extent of the affected Eurodollar Rate Loans, Interest Periods, interest payment dates or payment periods), and (y) the Eurodollar Rate component shall no longer be utilized in determining the Base
      Rate, until the LIBOR Successor Rate has been determined in accordance with clauses (a) or (b). Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar
      Rate Loans (to the extent of the affected Eurodollar Rate Loans, Interest Periods, interest payment dates or payment periods) or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans (subject
      to the foregoing clause (y)) in the amount specified therein.

   

  		3.08	Survival.

   

  All of the Loan Parties’ obligations under this Article III
      shall survive termination of the Aggregate Revolving Commitments, repayment of all other Obligations hereunder, resignation of the Administrative Agent and the Facility Termination Date.

   

  ARTICLE IV

      

      CONDITIONS PRECEDENT TO CREDIT EXTENSIONS

   

  		4.01	Conditions of Initial Credit Extension.

   

  
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  This Agreement shall become effective upon, and the obligation of the
      L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to, the satisfaction of the following conditions precedent:

   

  (a)                Receipt by the Administrative Agent of the
      following, each in form and substance satisfactory to the Administrative Agent and each Lender:

   

  (i)                 Loan Documents. Executed
      counterparts of this Agreement and the other Loan Documents, each properly executed by a Responsible Officer of the signing Loan Party and, in the case of this Agreement, by each Lender.

   

  (ii)               Opinions of Counsel. Favorable
      opinions of legal counsel (including appropriate local counsel) to the Loan Parties, addressed to the Administrative Agent and each Lender, dated as of the Closing Date, in form and substance satisfactory to the Administrative Agent.

   

  (iii)             Organization Documents, Resolutions,
        Etc.

   

  (A)              copies of the Organization Documents of each
      Loan Party certified to be true and complete as of a recent date by the appropriate Governmental Authority of the state or other jurisdiction of its incorporation or organization, where applicable, and certified by a secretary or assistant secretary
      of such Loan Party to be true and correct as of the Closing Date;

   

  (B)              such certificates of resolutions or other
      action, incumbency certificates and/or other certificates of Responsible Officers of each Loan Party as the Administrative Agent may require evidencing the identity, authority and capacity of each Responsible Officer thereof authorized to act as a
      Responsible Officer in connection with this Agreement and the other Loan Documents to which such Loan Party is a party; and

   

  (C)              such documents and certifications as the
      Administrative Agent may reasonably require to evidence that each Loan Party is duly organized or formed, and is validly existing, in good standing and qualified to engage in business in its state of organization or formation, the state of its
      principal place of business and each other jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification, except to the extent that failure to do so could not reasonably be expected to
      have a Material Adverse Effect.

   

  (iv)             Personal Property Collateral.

   

  (A)              UCC financing statements for each appropriate
      jurisdiction as is necessary, in the Administrative Agent’s discretion, to perfect the Administrative Agent’s security interest in the Collateral;

   

  (B)              all certificates evidencing any certificated
      Equity Interests constituting Collateral and pledged to the Administrative Agent pursuant to the Security Agreement, together with duly executed in blank, undated stock powers attached thereto (unless, with respect to the pledged Equity Interests of
      any Foreign Subsidiary, such stock powers are deemed unnecessary by the Administrative

   

  
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  Agent in its reasonable discretion under the Law of the jurisdiction of
      organization of such Person); and

   

  (C)              duly executed notices of grant of security
      interest in the form required by the Security Agreement as are necessary, in the Administrative Agent’s sole discretion, to perfect the Administrative Agent’s security interest in the Collateral consisting of the United States registered intellectual
      property of the Loan Parties.

   

  (v)               Real Property Collateral. Subject
      to Section 6.16, Real Property Security Documents with respect to the fee interest and/or leasehold interest of any Loan Party in each real property identified on Schedule 4.01.

   

  (vi)             Evidence of Insurance. Copies of
      insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including naming the Administrative Agent and its successors and assigns as
      additional insured (in the case of liability insurance) or loss payee (in the case of property insurance) on behalf of the Lenders.

   

  (vii)           Closing Certificate. A certificate
      signed by a Responsible Officer of the Borrower certifying that the conditions specified in Sections 4.01(b), 4.02(a) and 4.02(b) have been satisfied.

   

  (b)               No Material Adverse Effect. There
      shall not have occurred since December 31, 2016 any event or condition that has had or could be reasonably expected, either individually or in the aggregate, to have a Material Adverse Effect.

   

  (c)                Fees. Receipt by the Administrative
      Agent, the Arranger and the Lenders of any fees required to be paid on or before the Closing Date.

   

  (d)               Attorney Costs. The Borrower shall
      have paid all reasonable and documented fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent payable hereunder and invoiced prior to or on the Closing
      Date, plus such additional amounts of such fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such
      estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent).

   

  Without limiting the generality of the provisions of the last paragraph
      of Section 9.03, for purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with,
      each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying
      its objection thereto.

   

  		4.02	Conditions to all Credit Extensions.

   

  The obligation of each Lender and the L/C Issuer to honor any Request
      for Credit Extension (other than a Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject to the following conditions precedent:

   

  
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  (a)                The representations and warranties of each
      Loan Party contained in this Agreement or any other Loan Document, or which are contained in any document furnished at any time under or in connection herewith or therewith, shall be true and correct in all material respects (provided that, in
      each case, such materiality qualifier shall not be applicable to any representations and warranties to the extent they are already modified or qualified by materiality in the text thereof) on and as of the date of such Credit Extension, except to the
      extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects (provided that, in each case, such materiality qualifier shall not be applicable to
      any representations and warranties to the extent they are already modified or qualified by materiality in the text thereof) as of such earlier date.

   

  (b)               No Default shall exist, or would result from
      such proposed Credit Extension or from the application of the proceeds thereof.

   

  (c)                The Administrative Agent and, if
      applicable, the L/C Issuer or the Swingline Lender shall have received a Request for Credit Extension in accordance with the requirements hereof.

   

  (d)               In the case of the initial Credit Extensions
      hereunder (other than in connection with the Existing Letters of Credit), all Real Property Security Documents described in Sections 4.01(a)(v) and 6.16 shall have been received by the Administrative Agent.

   

  (e)                In the case of a Credit Extension
      consisting of a Letter of Credit to be denominated in an Alternative L/C Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which
      in the reasonable opinion of the Administrative Agent or the L/C Issuer would make it impracticable for such Letter of Credit to be denominated in the relevant Alternative L/C Currency.

   

  Each Request for Credit Extension (other than a Loan Notice requesting
      only a conversion of Loans to the other Type, or a continuation of Eurodollar Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have
      been satisfied on and as of the date of the applicable Credit Extension.

   

  ARTICLE V

      

      REPRESENTATIONS AND WARRANTIES

   

  The Loan Parties represent and warrant to the Administrative Agent and
      the Lenders that:

   

  		5.01	Existence, Qualification and Power.

   

  Each Loan Party and each Restricted Subsidiary (a) is duly organized or
      formed, validly existing and, as applicable, in good standing under the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and authority and all requisite governmental licenses, authorizations, consents and
      approvals to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a party, and (c) is duly qualified and is licensed and, as applicable, in good standing
      under the Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license; except in each case referred to in clause (b)(i) or (c), to the extent
      that failure to do so could not reasonably be expected to have a Material Adverse Effect.

   

  
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  		5.02	Authorization; No Contravention.

   

  The execution, delivery and performance by each Loan Party of each Loan
      Document to which such Person is party have been duly authorized by all necessary corporate or other organizational action, and do not (a) contravene the terms of any of such Person’s Organization Documents; (b) conflict with or result in any breach
      or contravention of, or require any payment to be made under (i) any Contractual Obligation to which such Person is a party or affecting such Person or the properties of such Person or any of its Restricted Subsidiaries or (ii) any order, injunction,
      writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject; (c) except for Permitted Liens, result in the creation of any Lien under (i) any Contractual Obligation to which such Person is a
      party or affecting such Person or the properties of such Person or any of its Restricted Subsidiaries or (ii) any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject or
      (d) violate any Law; except in each case referred to in clause (b) or (d), as could not reasonably be expected to have a Material Adverse Effect.

   

  		5.03	Governmental Authorization; Other Consents.

   

  No approval, consent, exemption, authorization, or other action by, or
      notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document other
      than (a) those that have already been obtained and are in full force and effect, (b) filings to perfect the Liens created by the Collateral Documents (including any required consents or approvals from any property lessor or other Person that have not
      yet been obtained and are set forth on Schedule 5.03) and (c) those for which the failure to obtain or make could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

   

  		5.04	Binding Effect.

   

  Each Loan Document has been duly executed and delivered by each Loan
      Party that is party thereto. Each Loan Document constitutes a legal, valid and binding obligation of each Loan Party that is party thereto, enforceable against each such Loan Party in accordance with its terms, except as such enforceability may be
      limited by applicable Debtor Relief Laws and the availability of equitable remedies.

   

  		5.05	Financial Statements; No Material Adverse Effect.

   

  (a)                The financial statements delivered pursuant
      to Sections 6.01(a) and 6.01(b) (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present in all material respects the
      financial condition of the Borrower and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise
      expressly noted therein (subject, in the case of unaudited financial statements, to the absence of footnotes and to normal year-end audit adjustments); and (iii) to the extent required by GAAP, show all material indebtedness and other liabilities,
      direct or contingent, of the Borrower and its Subsidiaries as of the date thereof, including liabilities for taxes, material commitments and Indebtedness.

   

  (b)               The Audited Financial Statements and the
      unaudited consolidated financial statements of the Borrower and its Subsidiaries for the fiscal quarter ending June 30, 2017 (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise
      expressly noted therein; (ii) fairly present in all material respects the financial condition of the Borrower and its Subsidiaries as of the date thereof and their results of operations

   

  
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  for the period covered thereby (subject, in the case of unaudited financial
      statements, to the absence of footnotes and to normal year-end audit adjustments); and (iii) to the extent required by GAAP, show all material indebtedness and other liabilities, direct or contingent, of the Borrower and its Subsidiaries as of the
      date thereof, including liabilities for taxes, material commitments and Indebtedness.

   

  (c)                Since the date of the Audited Financial
      Statements, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect.

   

  		5.06	Litigation.

   

  There are no actions, suits, proceedings, claims or disputes pending or,
      to the knowledge of the Loan Parties, threatened in writing, at law, in equity, in arbitration or before any Governmental Authority, by or against any Loan Party or any Restricted Subsidiary or against any of their properties or revenues that (a)
      purport to affect or pertain to this Agreement or any other Loan Document, or any of the transactions contemplated hereby or (b) either individually or in the aggregate could reasonably be expected to have a Material Adverse Effect.

   

  		5.07	No Default.

   

  (a)                No Loan Party nor any Restricted Subsidiary
      is in default under or with respect to any Contractual Obligation that individually or in the aggregate could reasonably be expected to have a Material Adverse Effect.

   

  (b)               No Default has occurred and is continuing.

   

  		5.08	Ownership of Property; Expropriation.

   

  (a)                Each Loan Party and each of its Restricted
      Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the
      aggregate, reasonably be expected to have a Material Adverse Effect. Notwithstanding the foregoing, it is understood among the Parties hereto that unpatented federal or state mining claim Mining Rights are subject to the paramount title of the United
      States or state respectively, and that water rights are usufructury and likewise subject to the paramount title of the United States or state administering such rights.

   

  (b)               There is no present or threatened (in
      writing) expropriation of the property or assets of any Loan Party or any other Restricted Subsidiary, which expropriation could reasonably be expected to have a Material Adverse Effect.

   

  		5.09	Environmental Compliance.

   

  Except as could not reasonably be expected to have a Material Adverse
      Effect:

   

  (a)                Each of the facilities and real properties
      owned, leased or operated by any Loan Party or any Restricted Subsidiary (the “Facilities”) and all operations at the Facilities are in compliance with all applicable Environmental Laws, and there is no violation of any Environmental Law with
      respect to the Facilities or the businesses operated by any Loan Party or any Restricted Subsidiary at such time (the “Businesses”), and, to the knowledge of the Responsible Officers of

   

  
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  the Loan Parties, there are no conditions relating to the Facilities or the
      Businesses that could give rise to liability under any applicable Environmental Laws.

   

  (b)               None of the Facilities contains, or, to the
      knowledge of the Responsible Officers of the Loan Parties, has previously contained, any Hazardous Materials at, on or under the Facilities in amounts or concentrations that constitute or constituted a violation of, or could give rise to liability
      under, Environmental Laws.

   

  (c)                No Loan Party nor any Restricted Subsidiary
      has received any written or verbal notice of, or inquiry from any Governmental Authority regarding, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental
      Laws with regard to any of the Facilities or the Businesses, nor does any Responsible Officer of any Loan Party have knowledge or reason to believe that any such notice will be received or is being threatened.

   

  (d)               Hazardous Materials have not been
      transported or disposed of from the Facilities, or generated, treated, stored or disposed of at, on or under any of the Facilities or any other location, in each case by or on behalf of any Loan Party or any Restricted Subsidiary in violation of, or
      in a manner that would be reasonably likely to give rise to liability under, any applicable Environmental Law.

   

  (e)                No judicial proceeding or governmental or
      administrative action is pending or, to the knowledge of the Responsible Officers of the Loan Parties, threatened, under any Environmental Law to which any Loan Party or any Restricted Subsidiary is or will be named as a party, nor are there any
      consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to any Loan Party, any Restricted Subsidiary, the
      Facilities or the Businesses.

   

  (f)                There has been no release or, to the
      knowledge of the Responsible Officers of the Loan Parties, threat of release of Hazardous Materials at or from the Facilities, or arising from or related to the operations (including disposal) of any Loan Party or any Restricted Subsidiary in
      connection with the Facilities or otherwise in connection with the Businesses, in violation of or in amounts or in a manner that could give rise to liability under Environmental Laws.

   

  (g)                There have been no accidents, explosions,
      implosions, collapses or flooding at or otherwise related to the properties owned or operated by any Loan Party or any other Restricted Subsidiary for which any Loan Party or any other Restricted Subsidiary has any pending or ongoing liability or
      reasonably expects to incur liability.

   

  		5.10	Insurance.

   

  (a)                The properties of the Loan Parties and
      their Restricted Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of the Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in
      similar businesses and owning similar properties in localities where the applicable Loan Party or the applicable Restricted Subsidiary operates. The property and general liability insurance coverage of the Loan Parties as in effect on the Closing
      Date is outlined as to carrier, policy number, expiration date, type, amount and deductibles on Schedule 5.10.

   

  (b)               Each Loan Party maintains, if available,
      fully paid flood hazard insurance on all real property that is located in a special flood hazard area and that constitutes Collateral, on such

   

  
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  terms and in such amounts as required by The National Flood Insurance Reform Act of
      1994 or as otherwise required by the Administrative Agent.

   

  		5.11	Taxes.

   

  Each Loan Party and its Restricted Subsidiaries have filed all federal,
      state and other material tax returns and reports required to be filed, and have paid all federal, state and other material taxes, assessments, fees and other governmental charges levied or imposed upon them or their properties, income or assets
      otherwise due and payable, except (i) those which are being contested in good faith by appropriate proceedings diligently conducted and for which adequate reserves have been provided in accordance with GAAP or (ii) those where the failure to file or
      pay could not reasonably be expected to have a Material Adverse Effect. There is no proposed tax assessment against any Loan Party or any Restricted Subsidiary that would, if made, have a Material Adverse Effect.

   

  		5.12	ERISA Compliance.

   

  (a)                Each Plan is in compliance with the
      applicable provisions of ERISA, the Internal Revenue Code and other federal or state Laws except as could not reasonably be expected to have a Material Adverse Effect. Each Pension Plan that is intended to be a qualified plan under Section 401(a) of
      the Internal Revenue Code has received a favorable determination letter or is subject to a favorable opinion letter from the IRS to the effect that the form of such Plan is qualified under Section 401(a) of the Internal Revenue Code and the trust
      related thereto has been determined by the IRS to be exempt from federal income tax under Section 501(a) of the Internal Revenue Code, or an application for such a letter is currently being processed by the IRS. To the best knowledge of the Loan
      Parties, nothing has occurred that would reasonably be expected to prevent or cause the loss of such tax-qualified status.

   

  (b)               There are no pending or, to the best
      knowledge of the Loan Parties, threatened claims, actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that could reasonably be expected to have a Material Adverse Effect. There has been no prohibited transaction or
      violation of the fiduciary responsibility rules with respect to any Plan that has resulted or could reasonably be expected to result in a Material Adverse Effect.

   

  (c)                (i) No ERISA Event has occurred, and no
      Loan Party nor any ERISA Affiliate is aware of any fact, event or circumstance that could reasonably be expected to constitute or result in an ERISA Event with respect to any Pension Plan or Multiemployer Plan; (ii) as of the most recent valuation
      date for any Pension Plan, the funding target attainment percentage (as defined in Section 430(d)(2) of the Internal Revenue Code) is 60% or higher and no Loan Party nor any ERISA Affiliate knows of any facts or circumstances that could reasonably be
      expected to cause the funding target attainment percentage for any such plan to drop below 60% as of the most recent valuation date; (iii) no Loan Party nor any ERISA Affiliate has incurred any liability to the PBGC other than for the payment of
      premiums, and there are no premium payments which have become due that are unpaid; (iv) no Loan Party nor any ERISA Affiliate has engaged in a transaction that could be subject to Section 4069 or Section 4212(c) of ERISA; and (v) no Pension Plan has
      been terminated by the plan administrator thereof nor by the PBGC, and no event or circumstance has occurred or exists that could reasonably be expected to cause the PBGC to institute proceedings under Title IV of ERISA to terminate any Pension Plan,
      in each case, with respect to (i) through (v), could not reasonably be expected to result in a Material Adverse Effect.

   

  (d)               The Borrower represents and warrants as of
      the Closing Date that the Borrower is not and will not be (i) an employee benefit plan subject to Title I of ERISA, (ii) a plan or account

   

  
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  subject to Section 4975 of the Internal Revenue Code; (iii) an entity deemed to
      hold “plan assets” of any such plans or accounts for purposes of ERISA or the Internal Revenue Code; or (iv) a “governmental plan” within the meaning of ERISA.

   

  (e)                Except as could not reasonably be expected
      to result in a Material Adverse Effect, no Loan Party nor any ERISA Affiliate maintains or contributes to, or has any unsatisfied obligation to contribute to, or liability under, any active or terminated Pension Plan other than (i) on the Closing
      Date, those listed on Schedule 5.12 and (ii) thereafter, Pension Plans not otherwise prohibited by this Agreement.

   

  (f)                The Borrower represents and warrants as of
      the First Amendment Effective Date that the Borrower is not and will not be using “plan assets” (within the meaning of 29 CFR § 2510.3-101, as modified by Section 3(42) of ERISA or otherwise) of one or more Benefit Plans in connection with the Loans,
      the Letters of Credit or the Commitments.

   

  		5.13	Subsidiaries.

   

  Set forth on Schedule 5.13 is a complete and accurate list of
      each Subsidiary of any Loan Party, together with (i) its jurisdiction of organization, (ii) the number of shares of each class of Equity Interests of such Subsidiary outstanding, and (iii) the number and percentage of outstanding shares of each such
      class owned (directly or indirectly) by any Loan Party or any Subsidiary, in each case, as of the Closing Date. The outstanding Equity Interests of each Restricted Subsidiary of any Loan Party are validly issued, fully paid and non-assessable.

   

  		5.14	Margin Regulations; Investment Company Act.

   

  (a)                The Borrower is not engaged and will not
      engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock.
      Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of the Borrower only or of the Borrower and its Subsidiaries on a consolidated basis) subject to
      the provisions of Section 7.01 or Section 7.05 or subject to any restriction contained in any agreement or instrument between the Borrower and any Lender or any Affiliate of any Lender relating to Indebtedness and within the scope of
      Section 8.01(e) will be margin stock.

   

  (b)               None of the Borrower or any Subsidiary is or
      is required to be registered as an “investment company” under the Investment Company Act of 1940.

   

  		5.15	Disclosure.

   

  No written report, financial statement, certificate or other information
      (other than projected financial information or information of a general industry or economic nature) furnished by or on behalf of any Loan Party to the Administrative Agent or any Lender in connection with the transactions contemplated hereby and the
      negotiation of this Agreement or delivered hereunder or under any other Loan Document (in each case, as modified or supplemented by other information so furnished) contains any material misstatement of fact or omits to state any material fact
      necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that, with respect to projected financial information, the Loan Parties represent only that such information was
      prepared in good faith based upon assumptions believed to be reasonable at the time (it being understood that (i) projections are as to future events and are not to be viewed as facts, (ii) projections are subject to significant uncertainties

   

  
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  and contingencies, many of which are beyond the control of the Borrower
      and its Restricted Subsidiaries, (iii) no assurance can be given that any particular projections will be realized and (iv) actual results during the period or periods covered by any such projections may differ significantly from the projected results
      and such differences may be material). As of the First Amendment Effective Date, the information included in the Beneficial Ownership Certification (if required) is true and correct in all respects.

   

  		5.16	Compliance with Laws.

   

  Each Loan Party and Restricted Subsidiary is in compliance with the
      requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its properties, except in such instances in which the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

   

  		5.17	Intellectual Property.

   

  Each Loan Party and each Restricted Subsidiary owns, or possesses the
      right to use, all of the trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of
      their respective businesses, except as could not reasonably be expected to have a Material Adverse Effect. Set forth on Schedule 5.17 is a list of (i) all IP Rights registered or pending registration with the United States Copyright Office or
      the United States Patent and Trademark Office that, as of the Closing Date, a Loan Party owns and (ii) all licenses of IP Rights registered with the United States Copyright Office or the United States Patent and Trademark Office as of the Closing
      Date. Except for such claims and infringements that could not reasonably be expected to have a Material Adverse Effect, no claim has been asserted and is pending by any Person challenging or questioning the use of any IP Rights or the validity or
      effectiveness of any IP Rights, nor does any Loan Party know of any such claim, and, to the knowledge of the Responsible Officers of the Loan Parties, the use of any IP Rights by any Loan Party or any Restricted Subsidiary or the granting of a right
      or a license in respect of any IP Rights from any Loan Party or any Restricted Subsidiary does not infringe on the rights of any Person.

   

  		5.18	Solvency.

   

  As of the Closing Date, the Loan Parties are Solvent on a consolidated
      basis.

   

  		5.19	Perfection of Security Interests in the Collateral.

   

  The Liens granted to the Administrative Agent pursuant to the Collateral
      Documents with respect to the Collateral (i) assuming proper recordation or filing of any such documents, including, in the case of the Mortgages, upon the proper recordation thereof, constitute valid and subsisting Liens of record on such rights,
      title or interest as such Loan Party shall from time to time have in all property subject thereto, (ii) to the extent required by the Collateral Documents, constitute perfected security interests in such rights, title or interest as such Loan Party
      shall from time to time have in all personal property included in the Collateral, and (iii) are subject to no Liens except Permitted Liens or, in the case of property subject to Mortgages, Permitted Encumbrances. To the extent required by the
      Collateral Documents, all such action as is necessary has been taken to establish and perfect the Administrative Agent’s rights in and to the Collateral, including any recording, filing, registration, giving of notice or other similar action
      (assuming proper recordation or filing of any such documents). To the extent required by the Collateral Documents, the Loan Parties have properly delivered or caused to be delivered, or provided control of, to the Administrative Agent all Collateral
      that requires perfection of the Lien described above by possession or control. Notwithstanding the foregoing, it is understood among the parties hereto that the Liens in unpatented federal or state mining claim Mining Rights are subject to the
      paramount title of the United States or state government respectively, and that water rights are usufructury only and likewise subject to the paramount

   

  
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  title of the United States or state administering such rights, and that
      water rights are usufructury only and likewise subject to the paramount title of the United States or state administering such rights.

   

  		5.20	Business Locations; Taxpayer Identification Number.

   

  Set forth on Schedule 5.20(a) is a list of all real property
      located in the United States that is owned or leased by any Loan Party as of the Closing Date. Set forth on Schedule 5.20(b) is the jurisdiction of organization, chief executive office, exact legal name, U.S. tax payer identification number
      and organizational identification number of each Loan Party as of the Closing Date. Except as set forth on Schedule 5.20(c), no Loan Party has during the five years preceding the Closing Date (i) changed its legal name, (ii) changed its state
      of formation or (iii) been party to a merger, consolidation or other change in structure.

   

  		5.21	Labor Matters.

   

  No Loan Party or any other Restricted Subsidiary is party to any
      collective bargaining agreement or has any labor union been recognized as the representative of its employees except as set forth on Schedule 5.21. The Loan Parties know of no pending, threatened or contemplated strikes, work stoppage or
      other collective labor disputes involving employees of any Loan Party or any other Restricted Subsidiary that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

   

  		5.22	Mining Rights.

   

  Each of the Loan Parties and each other Restricted Subsidiary has
      acquired all material Mining Rights which are required in connection with the operation of the Kensington Mine, the Rochester Mine, the Palmarejo Mine, the Sterling Mine and the Wharf Mine (to the extent such mines remain owned by any Loan Party or
      Restricted Subsidiary), and has obtained such other surface and other rights as are necessary for access rights, water rights, plant sites, tailings disposal, waste dumps, ore dumps, abandoned heaps or ancillary facilities which may be reasonably
      required in connection with each such mine, other than any rights which the failure to obtain could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. All such Mining Rights and other rights with respect
      to the Kensington Mine, the Rochester Mine, the Palmarejo Mine, the Sterling Mine and the Wharf Mine are sufficient in scope and substance for the operation of each mine owned or operated by the Loan Parties or any other Restricted Subsidiary, except
      as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

   

  		5.23	OFAC.

   

  None of the Loan Parties, nor any of their Subsidiaries, nor, to the
      knowledge of the Loan Parties and their Subsidiaries, any director, officer or employee thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is (i) currently the subject or target of any Sanctions,
      (ii) included on OFAC’s List of Specially Designated Nationals or HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List or (iii) located, organized or resident in a Designated Jurisdiction.

   

  		5.24	Anti-Corruption Laws.

   

  The Loan Parties and their Subsidiaries have conducted their businesses
      in compliance in all material respects with the United States Foreign Corrupt Practices Act of 1977 and other similar anti-corruption legislation in other jurisdictions to which the Borrower and the Restricted Subsidiaries are

   

  
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  subject and have instituted and maintained policies and procedures
      designed to promote and achieve compliance with such laws.

   

  		5.25	No Affected Financial Institution.

   

  No Loan Party is an Affected Financial Institution.

   

  		5.26	No Covered Entity.

   

  No Loan Party is Covered Entity.

   

  ARTICLE VI

      

      AFFIRMATIVE COVENANTS

   

  Until the Facility Termination Date, each Loan Party shall and shall
      cause each Restricted Subsidiary to:

   

  		6.01	Financial Statements.

   

  Deliver to the Administrative Agent (for transmittal to each Lender):

   

  (a)              as soon as available, but in any event within
      ninety days after the end of each fiscal year of the Borrower (or, if earlier, the date required to be filed with the SEC), commencing with the fiscal year ending December 31, 2017, a consolidated balance sheet of the Borrower and its Subsidiaries as
      at the end of such fiscal year, and the related consolidated statements of income or operations, changes in shareholders’ equity and cash flows for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal
      year, all in reasonable detail and prepared in accordance with GAAP, audited and accompanied by a report and opinion of an independent certified public accountant of nationally recognized standing reasonably acceptable to the Administrative Agent,
      which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like qualification (other than due to the Maturity Date of the Loans) or exception or any
      qualification or exception as to the scope of such audit; and

   

  (b)              as soon as available, but in any event within
      forty-five days after the end of each of the first three fiscal quarters of each fiscal year of the Borrower (or, if earlier, the date required to be filed with the SEC), commencing with the fiscal quarter ending September 30, 2017, a consolidated
      balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal quarter, the related consolidated statements of income or operations for such fiscal quarter and for the portion of the Borrower’s fiscal year then ended, and the related
      consolidated statements of changes in shareholders’ equity and cash flows for such fiscal quarter and for the portion of the Borrower’s fiscal year then ended, in each case setting forth in comparative form, as applicable, the figures for the
      corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail and certified by the chief executive officer, chief financial officer, treasurer or controller of the
      Borrower as fairly presenting in all material respects the financial condition, results of operations, shareholders’ equity and cash flows of the Borrower and its Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments
      and the absence of footnotes.

   

  
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  (c)              If the Borrower has designated any of its
      Subsidiaries as Unrestricted Subsidiaries, then the quarterly and annual financial information required by this Section 6.01 will include a reasonably detailed presentation, either on the face of the financial statements or in the footnotes
      thereto, and in “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” of the financial condition and results of operations of the Borrower and its Restricted Subsidiaries separate from the financial condition and
      results of operations of the Unrestricted Subsidiaries of the Borrower.

   

  As to any information contained in materials furnished pursuant to Section

        6.02(d), the Borrower shall not be separately required to furnish such information under Section 6.01(a) or 6.01(b), but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and
      materials described in Section 6.01(a) or 6.01(b) at the times specified therein.

   

  		6.02	Certificates; Other Information.

   

  Deliver to the Administrative Agent (for transmittal to each Lender), in
      form and detail satisfactory to the Administrative Agent:

   

  (a)              within thirty (30) days after the end of each
      calendar month ending on or prior to December 31, 2019, a monthly management report on the business of the Borrower and its Subsidiaries in substantially the form as previously provided to the Lenders prior to the Second Amendment Effective Date;

   

  (b)              concurrently with the delivery of the
      financial statements referred to in Sections 6.01(a) and 6.01(b), a duly completed Compliance Certificate signed by the chief executive officer, chief financial officer, treasurer or controller of the Borrower, which Compliance
      Certificate shall contain a calculation of the Available Amount (which delivery may be by electronic communication including fax or email and shall be deemed to be an original authentic counterpart thereof for all purposes);

   

  (c)              not later than 60 days after the beginning of
      each fiscal year of the Borrower, commencing with the fiscal year beginning January 1, 2018, (i) an updated consolidated life of mine model of the Borrower and the Restricted Subsidiaries including the Kensington Mine, the Rochester Mine, the
      Sterling Mine, the Wharf Mine and the Palmarejo Mine (to the extent such mines remain owned by any Loan Party or Restricted Subsidiary), and (ii) an annual business plan and financial forecast of the Borrower and its Restricted Subsidiaries
      containing, among other things, pro forma financial statements for each quarter of such fiscal year;

   

  (d)              promptly after the same are available, copies
      of each annual report, proxy or financial statement or other report or communication sent to the equity holders of any Loan Party or any Restricted Subsidiary, and copies of all annual, regular, periodic and special reports and registration
      statements which a Loan Party or any Restricted Subsidiary may file or be required to file with the SEC under Section 13 or 15(d) of the Securities Exchange Act of 1934, and not otherwise required to be delivered to the Administrative Agent pursuant
      hereto;

   

  (e)               promptly after any request by the
      Administrative Agent or any Lender, copies of any detailed audit reports, management letters or recommendations submitted to the board of directors (or the audit committee of the board of directors) of the Borrower by independent accountants in
      connection with the accounts or books of the Borrower or any Restricted Subsidiary, or any audit of any of them;

   

  
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  (f)               promptly after the furnishing thereof,
      copies of any material statement or report furnished to any holder of debt securities of any Loan Party or any Restricted Subsidiary having a principal amount in excess of the Threshold Amount pursuant to the terms of any indenture, loan or credit or
      similar agreement and not otherwise required to be furnished to the Lenders pursuant to Section 6.01 or any other clause of this Section 6.02;

   

  (g)              promptly, and in any event within ten
      Business Days after receipt thereof by any Loan Party or any Restricted Subsidiary, copies of each material notice or other material correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any
      investigation or possible investigation or other inquiry by such agency regarding financial or other operational results of any Loan Party or any Restricted Subsidiary;

   

  (h)              promptly, such additional information
      regarding the business, financial or corporate affairs of any Loan Party or any Restricted Subsidiary, or compliance with the terms of the Loan Documents, as the Administrative Agent (including at the request of any Lender) may from time to time
      reasonably request; and

   

  (i)                promptly following any request therefor,
      information and documentation reasonably requested by the Administrative Agent or any Lender for purposes of compliance with applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation, the PATRIOT
      Act and the Beneficial Ownership Regulation.

   

  Documents required to be delivered pursuant to Section 6.01(a)
      or 6.01(b) or Section 6.02(d) (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on
      which the Borrower posts such documents, or provides a link thereto on the Borrower’s website on the Internet at the website address listed on Schedule 11.02; or (ii) on which such documents (A) are available on the website of the SEC at
      http://www.sec.gov or (B) are posted on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third party website or whether sponsored by the
      Administrative Agent); provided that in the case of documents that are not available on the website of the SEC at http://www.sec.gov, (i) the Borrower shall deliver paper copies of such documents to the Administrative Agent or any Lender upon
      its request to the Borrower to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower shall notify the Administrative Agent (by facsimile or e-mail)
      of the posting of any such documents and provide to the Administrative Agent by e-mail electronic versions (i.e., soft copies) of such documents, if requested. The Administrative Agent shall have no obligation to request the delivery of or to
      maintain paper copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request by a Lender for delivery, and each Lender shall be solely responsible for requesting
      delivery to it or maintaining its copies of such documents.

   

  The Borrower hereby acknowledges that (a) the Administrative Agent
      and/or an Affiliate thereof may, but shall not be obligated to, make available to the Lenders and the L/C Issuer materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting
      the Borrower Materials on IntraLinks, Syndtrak, ClearPar or a substantially similar electronic transmission system (the “Platform”) and (b) certain of the Lenders (each a “Public Lender”) may have personnel who do not wish to receive
      material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons’ securities.
      The Borrower hereby agrees that so long as the Borrower is the issuer of any outstanding debt or equity securities that are registered or issued pursuant to a private offering or is actively contemplating issuing any such securities it will use

   

  
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  commercially reasonable efforts to identify that portion of the Borrower Materials that may
      be distributed to the Public Lenders and that (w) all such Borrower Materials shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking
      Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, any Affiliate thereof, the L/C Issuer and the Lenders to treat such Borrower Materials as not containing any material non-public information
      (although it may be sensitive and proprietary) with respect to the Borrower or its securities for purposes of United States federal and state securities Laws (provided, however, that to the extent such Borrower Materials constitute
      Information, they shall be treated as set forth in Section 11.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information;” and (z) the
      Administrative Agent and any Affiliate thereof shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated as “Public Side Information.” Notwithstanding
      the foregoing, the Borrower shall be under no obligation to mark any Borrower Materials “PUBLIC.”

   

  		6.03	Notices.

   

  Promptly notify the Administrative Agent and each Lender of:

   

  (a)                the occurrence of any Default.

   

  (b)               any matter specific to the Loan Parties or
      any other Restricted Subsidiary that has resulted or could reasonably be expected to result in a Material Adverse Effect.

   

  (c)                the occurrence of any ERISA Event that
      could reasonably be expected to result in liability in excess of the Threshold Amount.

   

  (d)               any notice of an Environmental Claim against
      a Loan Party or other Restricted Subsidiary that could reasonably be expected to have a Material Adverse Effect or cause any property described in the Mortgages to be subject to any material restrictions on ownership, occupancy, use or
      transferability under any Environmental Law.

   

  (e)                any notice or knowledge of an accident,
      explosion, implosion, collapse or flooding at or otherwise related to the properties owned or operated by a Loan Party or any other Restricted Subsidiary that could reasonably be expected to have a Material Adverse Effect.

   

  (f)                any event which constitutes or which with
      the passage of time or giving of notice or both would constitute a default or event of default (or similar event) under any mineral rights to which the any Loan Party or any other Restricted Subsidiary is a party or by which any Loan Party or any
      other Restricted Subsidiary or any of their respective properties may be bound which could reasonably be expected to have a Material Adverse Effect.

   

  Each notice pursuant to this Section 6.03 shall be accompanied
      by a statement of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower has taken and proposes to take with respect thereto. Each notice pursuant to Section 6.03(a)
      shall describe with reasonable particularity any and all provisions of this Agreement and any other Loan Document that have been breached.

   

  		6.04	Payment of Taxes.

   

  
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  Pay and discharge, as the same shall become due and payable, all its
      material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with
      GAAP are being maintained by such Loan Party or such Restricted Subsidiary.

   

  		6.05	Preservation of Existence, Etc.

   

  (a)                Preserve, renew and maintain in full force
      and effect its legal existence under the Laws of the jurisdiction of its organization except in a transaction permitted by Section 7.04 or 7.05.

   

  (b)               Take all reasonable action to maintain
      (i) all rights, privileges, permits, licenses and franchises necessary or desirable in the normal conduct of its business and (ii) if applicable, its good standing under the Laws of the jurisdiction of its organization, except, in each case, to the
      extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect.

   

  (c)                Preserve or renew all of its IP Rights, the
      non-preservation or non-renewal of which could reasonably be expected to have a Material Adverse Effect.

   

  		6.06	Maintenance of Properties.

   

  (a)                Maintain, preserve and protect all of its
      material properties and equipment necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted, except to the extent that the failure to do so could not reasonably be expected to have a Material
      Adverse Effect or in a transaction permitted by Section 7.04 or 7.05.

   

  (b)               Make all necessary repairs thereto and
      renewals and replacements thereof, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

   

  (c)                Except as permitted by Section 7.04
      and Section 7.05, maintain all material Mining Rights which are required in connection with the operation of its mines as they are operated at any time, and obtain such other surface and other rights as are necessary for access rights, water
      rights, plant sites, tailings disposal, waste dumps, ore dumps, abandoned heaps or ancillary facilities which are required in connection with each mine, in each case, sufficient in scope and substance for the operation of each mine then owned or
      operated by any Loan Party or any other Restricted Subsidiary as they are operated at any time, except, in each case, where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

   

  		6.07	Maintenance of Insurance.

   

  (a)                Maintain in full force and effect insurance
      (including worker’s compensation insurance, liability insurance, casualty insurance and business interruption insurance) with financially sound and reputable insurance companies not Affiliates of the Borrower, in such amounts, with such deductibles
      and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where such Loan Party or such Restricted Subsidiary operates.

   

  (b)               Without limiting the foregoing, (i)
      maintain, if available, fully paid flood hazard insurance on all real property that is located in a special flood hazard area and that constitutes Collateral, on such terms and in such amounts as required by The National Flood Insurance Reform Act of
      1994 or as otherwise required by the Administrative Agent, (ii) furnish to the Administrative

   

  
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  Agent evidence of the renewal (and payment of renewal premiums therefor) of all
      such policies prior to the expiration or lapse thereof, and (iii) furnish to the Administrative Agent prompt written notice of any redesignation of any such improved real property into or out of a special flood hazard area.

   

  (c)                Cause the Administrative Agent and its
      successors and assigns to be named as lender’s loss payee or mortgagee, as its interest may appear, and/or additional insured with respect to any such insurance providing liability coverage or coverage in respect of any Collateral, and use reasonable
      efforts to cause each provider of any such insurance to agree, by endorsement upon the policy or policies issued by it or by independent instruments furnished to the Administrative Agent, that it will give the Administrative Agent thirty days (or
      such lesser amount as the Administrative Agent may agree) prior written notice before any such policy or policies shall be altered or canceled.

   

  		6.08	Compliance with Laws and Contracts.

   

  (a)                Comply with the requirements of all Laws
      and all orders, writs, injunctions and decrees applicable to it or to its business or property, except in such instances in which the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

   

  (b)               Comply with the requirements of all
      Contractual Obligations applicable to it or to its business or property, except in such instances in which the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

   

  		6.09	Books and Records.

   

  Maintain proper books of record and account, in which full, true and
      correct, in all material respects, entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of such Loan Party or such Restricted Subsidiary, as the case may be.

   

  		6.10	Inspection Rights.

   

  Permit representatives and independent contractors of the Administrative
      Agent and each Lender to visit and inspect any of its chief executive offices and material properties, to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and
      accounts with its directors, officers, and independent public accountants, all at the expense of the Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the
      Borrower; provided that excluding any such visits and inspections during the continuation of an Event of Default, the Administrative Agent and the Lenders shall not exercise their right to visit and inspect the chief executive offices and
      each material property of the Borrower and its Subsidiaries more often than one (1) time during any calendar year at the Borrower’s expense and any such visit and/or inspection shall be coordinated in advance with the Administrative Agent so as to
      minimize the burden (both financial and logistical) upon the Borrower to the extent reasonably possible; provided further that upon the occurrence and during the continuance of an Event of Default, the Administrative Agent or any Lender may
      do any of the foregoing at the expense of the Borrower at any time during normal business hours without advance notice. During such visits and inspections the Administrative Agent or Lender representatives and contractors shall comply with all
      applicable health, safety, and security rules, policies, and instructions, to the extent requested by the Borrower, and shall not materially interfere with ordinary business operations.

   

  		6.11	[Reserved].

   

  
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  		6.12	ERISA Compliance.

   

  Except as could not reasonably be expected to have a Material Adverse
      Effect, to, and cause each of its ERISA Affiliates to do, each of the following: (a) maintain each Plan in compliance in all material respects with the applicable provisions of ERISA, the Internal Revenue Code and other federal or state Law; (b)
      cause each Plan that is qualified under Section 401(a) of the Internal Revenue Code to maintain such qualification; and (c) make all required contributions to any Plan subject to Section 412, Section 430 or Section 431 of the Internal Revenue Code.

   

  		6.13	Additional Guarantors.

   

  Within forty-five (45) days (or such later date as the Administrative
      Agent may agree in its sole discretion) after any Person becomes a Domestic Subsidiary (unless such Domestic Subsidiary is an Excluded Subsidiary) or any Domestic Subsidiary ceases to be an Excluded Subsidiary, cause such Person to (a) become a
      Guarantor by executing and delivering to the Administrative Agent a Joinder Agreement or such other documents as the Administrative Agent shall deem appropriate for such purpose, and (b) upon the request of the Administrative Agent in its sole
      discretion, deliver to the Administrative Agent such Organization Documents, resolutions and favorable opinions of counsel, all in form, content and scope reasonably satisfactory to the Administrative Agent.

   

  		6.14	Pledged Assets.

   

  (a)                Equity Interests. Cause (i) 100% of
      the issued and outstanding Equity Interests of each Domestic Subsidiary (excluding any Collateral Foreign Subsidiary) and (ii) 65% of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section
      1.956-2(c)(2)) and 100% of the issued and outstanding Equity Interests not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) in each Collateral Foreign Subsidiary directly owned by any Loan Party to be subject at all times to
      a first priority, perfected Lien in favor of the Administrative Agent pursuant to the terms and conditions of the Collateral Documents, and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the
      Administrative Agent may request including, any filings and deliveries to perfect such Liens and, if reasonably requested, favorable opinions of counsel all in form and substance reasonably satisfactory to the Administrative Agent.

   

  (b)               Other Property. Cause all Collateral
      (subject to any exceptions in the Collateral Documents and excluding, for the avoidance of doubt, any Excluded Property) of each Loan Party to be subject at all times to first priority, perfected and, in the case of mortgaged real property (whether
      leased or owned in fee title), title insured Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents (in each case, subject to Permitted Liens) and, in connection with the foregoing, deliver to the
      Administrative Agent such other documentation as the Administrative Agent may request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents, landlord’s waivers (in
      respect of material mining properties) and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent. With respect to real property (other than Excluded Property) acquired after
      the Closing Date, the Loan Parties shall have sixty (60) days (or such later time as agreed by the Administrative Agent) to deliver Real Property Security Documents with respect thereto. Notwithstanding the foregoing, it is understood among the
      parties hereto that the Liens in unpatented federal or state mining claim Mining Rights are subject to the paramount title of the United States or state government respectively, and that water rights are usufructury only and likewise subject to the
      paramount title of the United States or state administering such rights.

   

  
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  (c)                Notwithstanding anything herein to the
      contrary, with respect to pledges of, or grants of security interests in, assets acquired by a Loan Party after the Closing Date (including Equity Interests of newly-acquired Restricted Subsidiaries), the Loan Parties shall have forty-five (45) days
      (or, in the case of Real Property Security Documents, sixty (60) days) (or such longer period as agreed by the Administrative Agent in its sole discretion) after the date of such acquisition to comply with the requirements of clauses (a) and
      (b) above.

   

  		6.15	Anti-Corruption Laws.

   

  Conduct its businesses in compliance in all material respects with the
      United States Foreign Corrupt Practices Act of 1977 and other similar anti-corruption legislation in other jurisdictions to which the Borrower and the Restricted Subsidiaries are subject and maintain policies and procedures designed to promote and
      achieve compliance with such laws.

   

  		6.16	Post-Closing Requirements.

   

  To the extent not delivered on the Closing Date, within ten (10) days
      following the Closing Date (or such later date as the Administrative Agent shall agree in its sole discretion), deliver to the Administrative Agent the Real Property Security Documents required pursuant to Section 4.01(a)(v).

   

  To the extent not delivered on the First Amendment Effective Date,
      within sixty (60) days following the First Amendment Effective Date (or such later date as the Administrative Agent shall agree in its sole discretion), deliver to the Administrative Agent amendments to the Mortgages in effect on the First Amendment
      Effective Date, together with endorsements and updates to the applicable ALTA mortgagee title insurance policies, opinions of legal counsel and such other Real Property Security Documents reasonably requested by the Administrative Agent, in each case
      in form and substance reasonably acceptable to the Administrative Agent.

   

  		6.17	Redemption of Existing Senior Notes.

   

  Within five (5) Business Days after the issuance of the Senior Notes,
      repurchase (or issue an irrevocable notice of redemption with respect to) the Existing Senior Notes in their entirety, and to the extent required to effect any such redemption, irrevocably deposit cash proceeds with the trustee in an amount
      sufficient to pay any outstanding Existing Senior Notes in full, together with any applicable premium and interest in compliance with Article XI of the indenture for the Existing Senior Notes.

   

  ARTICLE VII

      

      NEGATIVE COVENANTS

   

  Until the Facility Termination Date, no Loan Party shall, nor shall it
      permit any Restricted Subsidiary to, directly or indirectly:

   

  		7.01	Liens.

   

  Create, incur, assume or suffer to exist any Lien upon any of its
      property, assets or revenues, whether now owned or hereafter acquired, other than the following:

   

  (a)                Liens securing the Obligations pursuant to
      any Loan Document;

   

  
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  (b)               Liens existing on the Closing Date and
      listed on Schedule 7.01 and any renewals or extensions thereof, provided that the property covered thereby is not increased;

   

  (c)                Liens (other than Liens imposed under
      ERISA) for taxes, assessments or governmental charges or levies not yet due or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the
      applicable Person in accordance with GAAP;

   

  (d)               Liens of carriers, landlords, warehousemen,
      mechanics, materialmen and repairmen or other like Liens arising in the ordinary course of business which are not overdue for a period of more than 45 days or which are being contested in good faith and by appropriate proceedings diligently
      conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person;

   

  (e)                pledges or deposits made in the ordinary
      course of business in connection with workers’ compensation, unemployment insurance and other types of social security and employee health and disability benefits (including pledges or deposits securing liability to insurance carriers under insurance
      or self-insurance arrangements), other than any Lien imposed by ERISA (including pledges and deposits of cash and Cash Equivalents to secure letters of credit issued to assure payment of such obligations);

   

  (f)                deposits or customary pledges to secure the
      performance of bids, trade contracts and leases (other than Indebtedness), statutory obligations, insurance, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business;

   

  (g)                easements, rights-of-way, restrictions and
      other similar encumbrances affecting real property which, in the aggregate, are not substantial in amount, and which do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary
      conduct of the business of the applicable Person;

   

  (h)               Liens securing judgments for the payment of
      money (or appeal or other surety bonds relating to such judgments) not constituting an Event of Default under Section 8.01(h);

   

  (i)                 Liens securing Indebtedness permitted
      under Section 7.03(e); provided that such Liens do not at any time encumber any property other than the property financed by such Indebtedness and proceeds and products thereof;

   

  (j)                 (i) leases or subleases granted to others
      not interfering in any material respect with the business of any Loan Party or any Restricted Subsidiary, and (ii) contractual Liens of suppliers (including sellers of goods) or customers granted in the ordinary course of business to the extent
      limited to the property or assets relating to such contract;

   

  (k)               any interest of title of a lessor under, and
      Liens arising from UCC financing statements (or equivalent filings, registrations or agreements in foreign jurisdictions) relating to, leases permitted by this Agreement;

   

  (l)                 Liens deemed to exist in connection with
      Investments in repurchase agreements permitted under Section 7.02(a);

   

  
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  (m)             normal and customary bankers’ liens and rights
      of setoff upon deposits of cash in favor of banks or other depository institutions;

   

  (n)               Liens of a collection bank arising under
      Section 4-210 of the Uniform Commercial Code on items in the course of collection;

   

  (o)               Liens on property of a Person which Liens
      exist at the time such Person becomes a Restricted Subsidiary or is merged with or into or consolidated with the Borrower or any Restricted Subsidiary; provided that such Liens were in existence prior to the contemplation of such Person
      becoming a Restricted Subsidiary or such merger or consolidation and do not extend to any assets other than those of the Person that becomes a Restricted Subsidiary or is merged with or into or consolidated with the Borrower or any Restricted
      Subsidiary;

   

  (p)               Liens on property (including Equity
      Interests) existing at the time of acquisition of the property by the Borrower or any Restricted Subsidiary; provided that such Liens were in existence prior to such acquisition and not incurred in contemplation of, such acquisition;

   

  (q)               Liens on insurance policies and proceeds
      thereof, or other deposits, to secure insurance premium financings;

   

  (r)                 Liens on cash or Cash Equivalents arising
      in connection with the defeasance, discharge or redemption of Indebtedness, including in respect of the satisfaction and discharge of any Existing Senior Notes;

   

  (s)                grants of intellectual property licenses
      (including software and other technology licenses) in the ordinary course of business;

   

  (t)                 Liens arising out of conditional sale,
      title retention, consignment or similar arrangements for the sale of goods entered into in the ordinary course of business;

   

  (u)               Liens on the Equity Interests of Coeur
      Mexicana securing the Franco-Nevada Agreement;

   

  (v)               Liens on the assets of any Restricted
      Subsidiary that is not a Guarantor and which secure Indebtedness or other obligations of such Restricted Subsidiary (or of another Restricted Subsidiary that is not a Guarantor) that are permitted to be incurred under Section 7.03;

   

  (w)              Liens incurred with respect to obligations in
      an aggregate principal amount at any time outstanding, when taken together with all other obligations secured pursuant to this clause (w), not to exceed, as of any date of incurrence, the greater or (i) $25,000,000 and (ii) 2.5% of
      Consolidated Net Tangible Assets as of such date of incurrence; provided that to the extent such Liens attach to any Collateral (other than (x) Liens on cash and Cash Equivalents, together with any related deposit or securities account, (y)
      nonconsensual Liens arising as a matter of law, and (z) for the avoidance of doubt, Liens on assets that would constitute Collateral but for the fact that such assets constitute Excluded Property as a result of or in connection with the relevant
      Liens permitted under this clause), such Liens shall be subordinated to the Liens of the Administrative Agent under the Collateral Documents pursuant to a Lien subordination agreement in form and substance reasonably satisfactory to the
      Administrative Agent;

   

  (x)               Liens constituting encumbrances on mining
      properties of the Borrower or any of its Restricted Subsidiaries in respect of mineral royalties (i) granted in compliance with

   

  
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  Section 7.05 or (ii) encumbering any mining property acquired by the
      Borrower or any of its Restricted Subsidiaries at the time of the acquisition of such property; provided, that, in the case of this clause (ii), (A) such royalty is not granted in connection with, or in anticipation of such
      acquisition (unless such royalty was retained by the seller of such mining property by express agreement with the Borrower or the relevant Restricted Subsidiary in connection with the sale of such property and such retention was reflected in the
      consideration paid by the Borrower or the relevant Restricted Subsidiary), and (B) such Liens only encumber the mining property acquired in such acquisition;

   

  (y)               Permitted Encumbrances;

   

  (z)                Liens solely on any cash earnest money
      deposits made by the Borrower or any of its Restricted Subsidiaries in connection with any Permitted Acquisition or other permitted purchase of capital assets;

   

  (aa)            Liens in favor of customs and revenue
      authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods;

   

  (bb)           Liens on concentrates or minerals or the
      proceeds of sale of such concentrates or minerals arising or granted pursuant to a processing arrangement entered into in the ordinary course of business, securing the payment of a portion of the fees, costs and expenses attributable to the
      processing of such concentrates or minerals under any such processing arrangement;

   

  (cc)            Liens solely on cash or Cash Equivalents in an
      aggregate amount not to exceed $15,000,000 at any time securing obligations under Swap Contracts or Cash Management Agreements in the ordinary course of business; and

   

  (dd)           Liens to secure any Permitted Refinancing
      Indebtedness with respect to any Indebtedness secured by Liens permitted by clause (b) or clause (o) above; provided, that the new Lien is limited to all or part of the same property and assets that secured the original Lien
      (plus improvements and accessions to, such property or proceeds or distributions thereof).

   

  		7.02	Investments.

   

  Make any Investments, except:

   

  (a)                Investments in the form of cash or Cash
      Equivalents;

   

  (b)               Investments existing as of the Closing Date
      and set forth on Schedule 7.02 and any Investment consisting of an extension, modification or renewal of any such Investment;

   

  (c)                Investments in the Borrower or in a
      Restricted Subsidiary (provided that, except with respect to Investments that, when taken together with all other such Investments made pursuant to this clause (c) that are at the time outstanding, do not exceed $50,000,000, any such
      Investment pursuant to this clause (c) by a Loan Party must be in a Person that is Loan Party or that becomes a Loan Party in connection with or as a result of such Investment);

   

  (d)               Investments made as a result of the receipt
      of non-cash consideration from a Disposition that was made pursuant to and in compliance with Section 7.05;

   

  
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  (e)                any acquisition of assets or Equity
      Interests solely in exchange for the issuance of Equity Interests (other than Disqualified Equity Interests) of the Borrower;

   

  (f)              Investments received in compromise or
      resolution of (i) obligations of trade creditors or customers that were incurred in the ordinary course of business of the Borrower or any of its Restricted Subsidiaries, including pursuant to any plan of reorganization or similar arrangement upon
      the bankruptcy or insolvency of any trade creditor or customer or (ii) litigation, arbitration or other disputes;

   

  (g)                Swap Contracts permitted by Section
        7.03(d);

   

  (h)               (i) Guarantees permitted by Section 7.03;
      provided that if such Indebtedness can only be incurred by a Loan Party, then such Guarantees are only permitted by this clause (h) to the extent made by a Loan Party, and (ii) performance guarantees with respect to obligations
      incurred by the Borrower or any of its Restricted Subsidiaries in the ordinary course of business that are permitted by this Agreement;

   

  (i)               Investments acquired after the Closing Date
      as a result of the acquisition by the Borrower or any Restricted Subsidiary of another Person, including by way of a merger, amalgamation or consolidation with or into the Borrower or any of its Restricted Subsidiaries in a transaction that is not
      prohibited by Section 7.04 after the Closing Date to the extent that such Investments were not made in contemplation of such acquisition, merger, amalgamation or consolidation and were in existence on the date of such acquisition, merger,
      amalgamation or consolidation;

   

  (j)              Permitted Business Investments in an
      aggregate amount, when taken together with all Permitted Acquisitions made pursuant to the proviso in clause (r) below, not to exceed, as of the date any such Investment is made, the greater of (i) $75,000,000 and (ii) 6.0% of Consolidated
      Net Tangible Assets as of the date of such Investment; provided that the Loan Parties are in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most
      recently ended for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to such Investment on a Pro Forma Basis;

   

  (k)                Guarantees by the Borrower or any
      Restricted Subsidiary of operating leases (other than capital leases) or of other obligations that do not constitute Indebtedness, in each case entered into by any Restricted Subsidiary in the ordinary course of business;

   

  (l)                 receivables owing to the Borrower or any
      Restricted Subsidiary created or acquired in the ordinary course of business;

   

  (m)               Investments in the nature of pledges or
      deposits with respect to leases or utilities provided to third parties in the ordinary course of business;

   

  (n)                Investments in escrow or trust funds in the
      ordinary course of business;

   

  (o)                Permitted Bond Hedge Transactions which
      constitute Investments;

   

  (p)                Investments in an amount not to exceed the
      Available Amount;

   

  (q)                other Investments provided that (i)
      no Default shall exist or shall result therefrom, (ii) the Loan Parties are in compliance with the financial covenants set forth in Section 7.11

   

  
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  recomputed as of the end of the period of the four fiscal quarters most recently
      ended for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to such Investment on a Pro Forma Basis (and the Consolidated Net Leverage Ratio, as so calculated, shall not
      exceed 3.00 to 1.0) and (iii) after giving effect thereto, Liquidity shall be at least $50,000,000;

   

  (r)                 Permitted Acquisitions; provided
      that the aggregate amount of all such Acquisitions by Loan Parties of (i) assets that (A) are not located in the United States or (B) are not (or do not become) owned by a Loan Party and (ii) Equity Interests of Persons (A) that do not become
      Guarantors or (B) whose assets are located outside of the United States, when taken together with all Permitted Business Investments made pursuant to clause (j) above that are at the time outstanding shall not exceed, as of the date any such
      Acquisition is made, the greater of (x) $75,000,000 and (y) 6.0% of Consolidated Net Tangible Assets as of such date (it being understood that amounts otherwise available pursuant to this Section 7.02 to make Investments constituting
      Acquisitions may be used in combination with the aggregate amount permitted pursuant to this proviso to increase such maximum aggregate amount for Permitted Acquisitions pursuant to this clause (r));

   

  (s)                payroll, travel, commission, entertainment,
      relocation and similar advances to employees or officers of any Loan Party or any Restricted Subsidiary to cover matters that are expected at the time of such advances ultimately to be treated as expenses for accounting purposes and that are made in
      the ordinary course of business;

   

  (t)                 loans or advances to employees or officers
      of any Loan Party or any Restricted Subsidiary in the ordinary course of business in an aggregate amount not in excess of $2,000,000 with respect to all loans or advances made since the Closing Date (without giving effect to the forgiveness of any
      such loan);

   

  (u)               Investments made in connection with the
      funding of contributions under any non-qualified retirement plan or similar employee compensation plan in an amount not to exceed the amount of compensation expense recognized by any Loan Party and or Restricted Subsidiary in connection with such
      plans; and

   

  (v)               other Investments in an aggregate amount,
      when taken together with all other Investments made pursuant to this clause (v) that are at the time outstanding not to exceed, as of the date of such Investment, the greater of (x) $10,000,000 and (y) 1% of Consolidated Net Tangible Assets
      as of the date of such Investment.

   

  Notwithstanding the foregoing, no Acquisition of the Equity Interests of
      another Person shall be permitted by this Agreement unless the board of directors (or other comparable governing body) of such other Person shall have duly approved such Acquisition.

   

  Notwithstanding the foregoing, during the period from the Second
      Amendment Effective Date through and including December 31, 2019, the aggregate amount of all cash Investments (excluding Investments in Loan Parties and Investments made by Restricted Subsidiaries that are not Loan Parties in other Restricted
      Subsidiaries that are not Loan Parties) made by the Borrower and its Restricted Subsidiaries pursuant to clauses (c), (j), (p), (q), (r) and (v) of this Section 7.02 shall not exceed $35,000,000
      (or such larger amount, not greater than $50,000,000, as the Administrative Agent may consent to in its sole discretion).

   

  
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  		7.03	Indebtedness.

   

  Create, incur, assume or suffer to exist any Indebtedness, except:

   

  (a)                Indebtedness under the Loan Documents;

   

  (b)                Indebtedness outstanding on the Closing
      Date set forth on Schedule 7.03;

   

  (c)                intercompany Indebtedness permitted under Section

        7.02; provided that in the case of Indebtedness owing by a Loan Party to a Restricted Subsidiary that is not a Loan Party such Indebtedness shall be unsecured and be subordinated prior to the Obligations in a manner and to an extent
      reasonably acceptable to the Administrative Agent;

   

  (d)                obligations (contingent or otherwise)
      existing or arising under any Swap Contract, provided that such obligations are (or were) entered into by such Person in the ordinary course of business, and not for purposes of speculation;

   

  (e)                purchase money Indebtedness (including
      obligations in respect of capital leases and Synthetic Lease Obligations) incurred to finance all or any part of the purchase price or cost of design, construction, installation or improvement of property, plant or equipment used in the business of
      the Loan Parties or any of the Restricted Subsidiaries and renewals, refinancings and extensions thereof, provided that the aggregate outstanding principal amount of all such Indebtedness shall not exceed the greater of (x) $100,000,000 and
      (y) 5% of Consolidated Net Tangible Assets as of such date of incurrence;

   

  (f)                 the Senior Notes;

   

  (g)                to the extent constituting Indebtedness,
      obligations in respect of Cash Management Agreements;

   

  (h)              to the extent constituting Indebtedness,
      obligations in respect of workers’ compensation claims, health, disability or other employee benefits or property, casualty or liability insurance, self-insurance obligations, bankers’ acceptances, performance, bid, surety, appeal, reclamation,
      remediation and similar bonds and completion guarantees (not for borrowed money) provided in the ordinary course of business;

   

  (i)                 to the extent constituting Indebtedness,
      obligations arising from the honoring by a bank or other financial institution of a check, draft or similar instrument inadvertently drawn against insufficient funds, so long as such Indebtedness is covered within five (5) Business Days;

   

  (j)                 Indebtedness of any Person incurred and
      outstanding on or prior to the date on which such Person became a Restricted Subsidiary or was acquired by, or merged into or arranged or consolidated with, the Borrower or any of its Restricted Subsidiaries (other than Indebtedness incurred in
      contemplation of, or in connection with, the transaction or series of related transactions pursuant to which such Person became a Restricted Subsidiary of or was otherwise acquired by the Borrower); provided that (i) neither the Borrower nor
      any Restricted Subsidiary (other than such Person and its Restricted Subsidiaries or any other Person that such Person merges with or that acquires the assets of such Person) shall have any liability or other obligation with respect to such
      Indebtedness (except, for the avoidance of doubt, as separately permitted under another clause of this Section 7.03 (other than clause (o))) and (ii) either (A) the Consolidated Net Leverage Ratio, determined on a Pro Forma Basis for
      such incurrence of Indebtedness and acquisition, merger or

   

  
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  consolidation does not exceed 3.00 to 1.0 at the time of incurrence thereof or (B)
      the aggregate principal amount of all such Indebtedness does not exceed $25,000,000;

   

  (k)               to the extent constituting Indebtedness,
      obligations consisting of unpaid insurance premiums owed to any Person providing property, casualty, liability or other insurance to any Loan Party or any other Restricted Subsidiary in any fiscal year, pursuant to reimbursement or indemnification
      obligations to such Person; provided that such Indebtedness is incurred only to defer the cost of such unpaid insurance premiums for such fiscal year and is outstanding only during such fiscal year;

   

  (l)                 to the extent constituting Indebtedness,
      obligations outstanding under Deferred Revenue Financing Arrangements;

   

  (m)              other unsecured Indebtedness provided
      that (i) no Default shall exist or shall result therefrom, (ii) the Loan Parties are in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently ended
      for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to the incurrence of such Indebtedness (and the use of proceeds thereof) on a Pro Forma Basis (and the Consolidated Net
      Leverage Ratio, as so calculated, shall not exceed 3.00 to 1.0) and (iii) not more than $150,000,000 in the aggregate of Indebtedness of the Loan Parties incurred pursuant to this clause (m) and having a maturity sooner than the Maturity Date
      shall be outstanding at any one time;

   

  (n)                Indebtedness of Restricted Subsidiaries
      that are not Guarantors in an aggregate outstanding principal amount not to exceed the greater of (i) $50,000,000 and 4.0% of Consolidated Net Tangible Assets as of such date of incurrence;

   

  (o)                Guarantees with respect to Indebtedness
      permitted under this Section 7.03; provided that, if the Indebtedness being Guaranteed is subordinated to or pari passu with the Obligations, then the Guarantee must be subordinated or pari passu, as applicable to the same extent as
      the Indebtedness Guaranteed;

   

  (p)               Permitted Refinancing Indebtedness incurred
      in exchange for, or the net proceeds of which are used to renew, refund, refinance, replace, defease or discharge any Indebtedness (other than intercompany Indebtedness) that was permitted by this Agreement to be incurred under Section 7.03(b),
      (f), (j), (m) or (p);

   

  (q)                additional Indebtedness in an aggregate
      principal amount (or accreted value, as applicable) at any time outstanding, including all Permitted Refinancing Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness incurred pursuant to this clause
        (q), not to exceed, as of any date of incurrence, the greater of (x) $25,000,000 and (y) 2.5% of Consolidated Net Tangible Assets as of such date of incurrence; and

   

  (r)               the Existing Senior Notes, so long as
      amounts have been irrevocably deposited with the trustee therefor sufficient to pay in full such Existing Senior Notes together with applicable premium and interest to the date of redemption thereof in a manner that meets the requirements of the
      “satisfaction and discharge” provisions of Article XI of the indenture for the Existing Senior Notes.

   

  
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  		7.04	Fundamental Changes.

   

  Merge, consolidate or enter into any similar combination with any other
      Person or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution) except:

   

  (a)                (i) any Wholly-Owned Subsidiary of the
      Borrower may be merged, amalgamated or consolidated with or into the Borrower (provided that the Borrower shall be the continuing or surviving entity) or (ii) any Wholly-Owned Subsidiary of the Borrower may be merged, amalgamated or consolidated with
      or into any Guarantor (provided that the Guarantor shall be the continuing or surviving entity or simultaneously with such transaction, the continuing or surviving entity shall become a Guarantor and the Loan Parties shall comply with Section
        6.14 in connection therewith);

   

  (b)               (i) any Foreign Subsidiary may be merged,
      amalgamated or consolidated with or into, or be liquidated into, any other Foreign Subsidiary and (ii) any Domestic Subsidiary that is not a Guarantor may be merged, amalgamated or consolidated with or into, or be liquidated into, any other Domestic
      Subsidiary that is not a Guarantor;

   

  (c)                any Restricted Subsidiary may dispose of
      all or substantially all of its assets (upon voluntary liquidation, dissolution, winding up or otherwise) to the Borrower or any Guarantor; provided that, with respect to any such disposition by any Restricted Subsidiary that is not a
      Guarantor, the consideration for such disposition shall not exceed the fair market value of such assets;

   

  (d)               (i) any Foreign Subsidiary may dispose of
      all or substantially all of its assets (upon voluntary liquidation, dissolution, winding up or otherwise) to any other Restricted Subsidiary that is not a Guarantor and (ii) any Domestic Subsidiary that is not a Guarantor may dispose of all or
      substantially all of its assets (upon voluntary liquidation, dissolution, winding up or otherwise) to any other Domestic Subsidiary that is not a Guarantor;

   

  (e)                Dispositions permitted by Section 7.05;

   

  (f)                any Investment permitted by Section
        7.02 may be structured as, or consummated pursuant to, a merger, consolidation or amalgamation; provided, that in the case of any such merger, consolidation or amalgamation of (i) the Borrower, the Borrower shall be the continuing,
      surviving or resulting entity or (ii) any other Loan Party, the surviving, continuing or resulting legal entity of such merger, consolidation or amalgamation is a Loan Party (or substantially simultaneously with such transaction, the continuing,
      surviving or resulting entity shall become a Guarantor) and, in all cases, such Loan Parties shall comply with Section 6.14 in connection therewith; or

   

  (g)                any Restricted Subsidiary may liquidate,
      wind-up or dissolve itself after having disposed of all or substantially all of its assets in a transaction permitted by another clause of this Section 7.04.

   

  		7.05	Dispositions.

   

  Make any Disposition except:

   

  (a)                any single Disposition or series of related
      Dispositions that involves assets having a fair market value of less than $15,000,000;

   

  
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  (b)               any Disposition between or among Loan
      Parties, between or among Restricted Subsidiaries that are not Loan Parties or by any Restricted Subsidiaries that are not Loan Parties to any Loan Party;

   

  (c)                the sale, lease or other transfer of
      products, services or accounts receivable in the ordinary course of business (including the sale of gold and gold bearing material pursuant to the Franco-Nevada Agreement (but not including other sales of royalty or stream interests)) and any sale or
      other Disposition of damaged, worn-out or obsolete assets in the ordinary course of business (including the abandonment or other Disposition of intellectual property that is, in the reasonable judgment of the Borrower, no longer economically
      practicable to maintain or useful in the conduct of the business of the Borrower and its Restricted Subsidiaries taken as whole);

   

  (d)                the licensing or sublicensing of
      intellectual property or other general intangibles and licenses, leases or subleases of other property in the ordinary course of business which do not materially interfere with the business of the Borrower and its Restricted Subsidiaries;

   

  (e)                any surrender or waiver of contract rights
      or the settlement, release, recovery on or surrender of contract, tort or other claims in the ordinary course of business;

   

  (f)                to the extent constituting a Disposition,
      the granting of Permitted Liens;

   

  (g)                the sale or other disposition of cash or
      Cash Equivalents;

   

  (h)                to the extent constituting a Disposition,
      any Restricted Payment permitted by Section 7.06 or any Investment permitted by Section 7.02;

   

  (i)                 the settlement or early termination of any
      Permitted Bond Hedge Transaction and the settlement or early termination of any related Permitted Warrant Transaction;

   

  (j)                 Dispositions of receivables in connection
      with the compromise, settlement or collection thereof in the ordinary course of business or in bankruptcy or similar proceedings and exclusive of factoring or similar arrangements;

   

  (k)                any sale of Equity Interests or
      Indebtedness or other securities of an Unrestricted Subsidiary;

   

  (l)                 sales of assets received by the Borrower
      or any Restricted Subsidiary upon foreclosures on a Lien;

   

  (m)               to the extent constituting a Disposition,
      the unwinding of any Swap Contract;

   

  (n)                any Dispositions to the extent required by,
      or made pursuant to customary buy/sell arrangements between the joint venture parties set forth in joint venture arrangements and similar binding agreements;

   

  (o)               other Dispositions so long as (i) at least
      75% of the consideration paid in connection therewith shall be cash or Cash Equivalents paid contemporaneously with consummation of the transaction and shall be in an amount not less than the fair market value of the property disposed of (as
      reasonably determined by the Borrower in good faith), (ii) no Default exists or would result therefrom, (iii) such transaction does not involve the sale or other disposition of a minority Equity Interest in any Guarantor (except, for the avoidance of
      doubt, for any such

   

  
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  Guarantor being concurrently designated as an Unrestricted
      Subsidiary in accordance with the requirements of Section 7.16), (iv) such transaction does not involve a sale or other disposition of receivables other than receivables owned by or attributable to other property concurrently being disposed
      of in a transaction otherwise permitted under this Section 7.05, (v) the Loan Parties are in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most
      recently ended for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to such Disposition on a Pro Forma Basis and (vi) upon giving effect to such Disposition, the aggregate
      net book value of all of the assets sold or otherwise disposed of by the Loan Parties and their Restricted Subsidiaries in all such transactions occurring after the Closing Date shall not exceed an amount equal to 20% of Consolidated Total Assets (as
      set forth in the most recently delivered financial statements pursuant to Section 6.01); provided that, for purposes of clause (i) above, any Designated Non-cash Consideration received by the Borrower or any of its Restricted
      Subsidiaries in such Disposition having an aggregate fair market value, taken together with all other Designated Non-cash Consideration received pursuant to this clause (o) that is at that time outstanding, not to exceed the greater of (x)
      $30,000,000 and (y) 2.5% of Consolidated Net Tangible Assets at the time of the receipt of such Designated Non-cash Consideration (with the fair market value of each item of Designated Non-cash Consideration being measured at the time received and
      without giving effect to subsequent changes in value), shall be treated as cash;

   

  (p)               the lease or sublease of office space; and

   

  (q)               the abandonment, farm-out, lease,
      assignment, sub-lease, license or sub-license of any real or personal property in the ordinary course of business.

   

  Notwithstanding the foregoing (a) any sale, lease, conveyance or other
      disposition or transfer, directly or indirectly, of (i) any Equity Interests in any of Coeur Alaska, Coeur Rochester, Coeur Sterling and Wharf and/or (ii) any or all of the assets or property comprising the Kensington Mine, the Rochester Mine, the
      Sterling Mine or the Wharf Mine (other than pursuant to the exclusion of Section 7.05(b) and other than transactions described in clause (b) below), and (b) any sale of royalty or stream interests in respect of the mining properties
      of the Borrower and its Restricted Subsidiaries (other than pursuant to the exclusion in Section 7.05(b), may only be effected pursuant to Section 7.05(o).

   

  		7.06	Restricted Payments.

   

  Declare or make, directly or indirectly, any Restricted Payment, except
      that:

   

  (a)                the making of any Restricted Payment in
      exchange for, or out of or with the net cash proceeds of the substantially concurrent sale (other than to a Subsidiary) of, Equity Interests of the Borrower (other than Disqualified Equity Interests) or from the substantially concurrent contribution
      of common equity capital to the Borrower; provided that the amount of any such net cash proceeds that are utilized for any such Restricted Payment will not be considered to be net proceeds of Qualified Equity Interests for purposes of the
      definition of Available Amount;

   

  (b)               the payment of any dividend (or, in the case
      of any partnership or limited liability Borrower, any similar distribution) by a Restricted Subsidiary to the holders of its Equity Interests on a pro rata basis;

   

  (c)                any repurchase of Equity Interests deemed
      to occur upon (i) the exercise of stock options to the extent such Equity Interests represent a portion of the exercise price of those stock

   

  
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  options or (ii) withholding by the Borrower of restricted stock
      to cover payment of taxes upon vesting of such restricted stock or the exercise of stock options;

   

  (d)               payments of cash, dividends, distributions,
      advances or other Restricted Payments by the Borrower or any of its Restricted Subsidiaries to allow the payment of cash in lieu of the issuance of fractional shares upon (i) the exercise of options or warrants or (ii) the conversion or exchange of
      Equity Interests of any such Person or of any Convertible Indebtedness;

   

  (e)                any payments in connection with a Permitted
      Bond Hedge Transaction and the settlement of any related Permitted Warrant Transaction (i) by delivery of shares of the Borrower’s common stock upon net share settlement thereof or (ii) by (A) set-off against the related Permitted Bond Hedge
      Transaction and (B) payment of an early termination amount thereof in common stock upon any early termination thereof;

   

  (f)                so long as no Default has occurred and is
      continuing, other Restricted Payments in an aggregate amount not to exceed $25,000,000 during the term of this Agreement;

   

  (g)                Restricted Payments made with the Available
      Amount;

   

  (h)               other Restricted Payments, provided
      that (i) no Default shall exist or shall result therefrom, (ii) the Loan Parties are in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently ended
      for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to such Restricted Payment on a Pro Forma Basis (and the Consolidated Net Leverage Ratio, as so calculated, shall not
      exceed 3.00 to 1.0) and (iii) after giving effect thereto (but excluding the proceeds thereof), Liquidity shall be at least $50,000,000;

   

  (i)                 the payment of any dividend or
      consummation of an irrevocable redemption within 60 days after the date of declaration of the dividend or giving of the redemption notice, as the case may be, if at the date of declaration or notice, the dividend or redemption payment would have
      complied with the provisions of this Section 7.06;

   

  (j)                 the making of cash payments in connection
      with any conversion of Convertible Indebtedness with the proceeds of any payments received by the Borrower or any of its Restricted Subsidiaries pursuant to the exercise, settlement or termination of any related Permitted Bond Hedge Transaction; and

   

  (k)               payments or distributions to holders of the
      Equity Interests of the Borrower or any of its Restricted Subsidiaries pursuant to appraisal or dissenter rights required under applicable law or pursuant to a court order in connection with any merger, amalgamation, arrangement, consolidation or
      sale, assignment, conveyance, transfer, lease or other disposition of assets.

   

  		7.07	Change in Nature of Business.

   

  Engage in any material line of business substantially different from
      those lines of business conducted by the Loan Parties and their Restricted Subsidiaries on the Closing Date or any business substantially related or incidental thereto or any reasonable extension thereof.

   

  
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  		7.08	Transactions with Affiliates.

   

  Enter into or permit to exist any transaction or series of transactions
      with any Affiliate of such Person involving aggregate payments or consideration in excess of $10,000,000, whether or not in the ordinary course of business, other than (a) advances of working capital to any Loan Party, (b) transactions between or
      among the Loan Parties and/or the Restricted Subsidiaries, (c) transactions expressly permitted by Section 7.02, Section 7.03, Section 7.04, Section 7.05 or Section 7.06, (d) any employment agreement, employee
      benefit plan, officer or director indemnification agreement or any similar arrangement entered into by the Borrower or any of its Restricted Subsidiaries in the ordinary course of business and payments pursuant thereto, (e) payment of reasonable and
      customary fees and reimbursements of expenses (pursuant to indemnity arrangements or otherwise) of officers, directors, employees or consultants of the Borrower or any of its Restricted Subsidiaries, (f) any agreement between any Person and an
      Affiliate of such Person existing at the time such Person is acquired by, merged into or amalgamated, arranged or consolidated with the Borrower or any of its Restricted Subsidiaries; provided that such agreement was not entered into in
      contemplation of such acquisition, merger, amalgamation, arrangement or consolidation and any amendment thereto (so long as any such amendment is not more disadvantageous to the Lenders in any material respect than the applicable agreement as in
      effect on the date of such acquisition, merger, amalgamation, arrangement or consolidation), (g) transactions between the Borrower or any of its Restricted Subsidiaries and any Person that is an Affiliate solely because one or more of its directors
      is also a director of the Borrower or any of its Restricted Subsidiaries; provided that such director abstains from voting as a director of the Borrower or such Restricted Subsidiary, as the case may be, on any matter involving such other
      Person, (h) any transaction or series of related transactions for which the Borrower or any of its Restricted Subsidiaries delivers to the Administrative Agent an opinion as to the fairness to the Borrower or the applicable Restricted Subsidiary of
      such transaction or series of related transactions from a financial point of view issued by an accounting, appraisal or investment banking firm of national recognized standing qualified to perform the task for which it has been engaged and (i) except
      as otherwise specifically limited in this Agreement, other transactions which are on terms and conditions substantially as or more favorable to the Borrower and/or such Restricted Subsidiary, as applicable, as would be obtainable by it in a
      comparable arms-length transaction with a Person other than an Affiliate.

   

  		7.09	Burdensome Agreements.

   

  (a)                Enter into, or permit to exist, any
      Contractual Obligation (except for the Loan Documents) that encumbers or restricts the ability of any Restricted Subsidiary (other than a Loan Party) to (i) make Restricted Payments to any Loan Party (it being understood that the priority of any
      preferred stock in receiving dividends or liquidating distributions prior to dividends or liquidating distributions being paid on common stock shall not be deemed a restriction on the ability to make distributions on Equity Interests), (ii) make
      loans or advances to any Loan Party (it being understood that the subordination of loans or advances made to the Borrower or any Restricted Subsidiary to other Indebtedness incurred by the Borrower or any Restricted Subsidiary shall not be deemed a
      restriction on the ability to make loans or advances), or (iii) transfer any of its property to any Loan Party, except for (A) agreements governing other Indebtedness permitted under Section 7.03 and any amendments, restatements,
      modifications, renewals, supplements, refundings, replacements or refinancings of those agreements; provided that in the good faith judgment of the Borrower, such encumbrances and restrictions will not materially affect the Borrower’s ability
      to repay the Obligations in accordance with their terms, (B) restrictions imposed by applicable Law, (C) any instrument governing Indebtedness or Equity Interests of a Person acquired by the Borrower or any of its Restricted Subsidiaries as in effect
      at the time of such acquisition (except to the extent such Indebtedness or Equity Interests was incurred in connection with or in contemplation of such acquisition), which encumbrance or restriction is not applicable to any Person, or the properties
      or assets of any Person, other than the Person, or the property or assets of

   

  
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  the Person, so acquired; provided that, in the case of Indebtedness, such
      Indebtedness was permitted by the terms of this Agreement to be incurred, (D) customary non-assignment provisions in leases, subleases, licenses and other contracts entered into in the ordinary course of business, (E) purchase money obligations for
      property acquired in the ordinary course of business and capital leases that impose restrictions on the property purchased or leased of the nature described in clause (iii) above, (F) any agreement for the sale or other disposition of all or
      a portion of the Equity Interests or assets of a Restricted Subsidiary that restricts distributions by that Restricted Subsidiary pending its sale or other disposition, (G) Permitted Liens that limit the right of the debtor to dispose of the assets
      subject to such Liens, (H) provisions limiting the disposition or distribution of assets or property in joint venture agreements, asset sale agreements, sale-leaseback agreements, stock sale agreements and other similar agreements, which limitation
      is applicable only to the assets that are the subject of such agreements and (I) restrictions on cash or other deposits or net worth imposed by customers under contracts entered into in the ordinary course of business or imposed pursuant to other
      escrow or deposit arrangements permitted under this Agreement.

   

  (b)               Enter into, or permit to exist, any
      Contractual Obligation (except for the Loan Documents) that encumbers or restricts the ability of any such Person (other than a Foreign Subsidiary) to (i) pledge its property pursuant to the Loan Documents or (ii) act as a Loan Party pursuant to the
      Loan Documents, except for: (A) restrictions imposed by applicable Law, (B) any document or instrument governing Indebtedness incurred pursuant to Section 7.03(e) (provided, that any such restriction contained therein relates
      only to the asset or assets securing such Indebtedness), (C) any Permitted Lien or any document or instrument governing any Permitted Lien (provided, that any such restriction contained therein relates only to the asset or assets subject to
      such Permitted Lien), (D) obligations that are binding on a Restricted Subsidiary at the time such Restricted Subsidiary first becomes a Subsidiary of the Borrower, so long as such obligations are not entered into in contemplation of such Person
      becoming a Subsidiary, (E) customary restrictions contained in an agreement related to the sale of property that limit the transfer of such property pending the consummation of such sale, (F) customary restrictions in leases, subleases, licenses and
      sublicenses, asset sale agreements, joint venture agreements, sale-leaseback agreements, stock sale agreements and other similar agreements otherwise permitted by this Agreement so long as such restrictions relate only to the assets subject thereto
      (and/or to the assignability of such agreement), (G) customary provisions restricting assignment of any agreement entered into in the ordinary course of business, (H) restrictions on cash or other deposits or net worth imposed by customers under
      contracts entered into in the ordinary course of business or imposed pursuant to other escrow or deposit arrangements permitted under this Agreement, and (I) restrictions imposed by any agreement governing Indebtedness entered into after the Closing
      Date and permitted under Section 7.03 that are, taken as a whole, in the good faith judgment of the Borrower, no more restrictive with respect to Borrower or any Restricted Subsidiary than then customary market terms for Indebtedness of such
      type, so long as such restrictions do not restrict and are not violated by the Guarantees and Liens provided under, or required to be provided under, the Loan Documents as in effect on the date of entry into the relevant agreement or instrument. It
      is agreed, for the avoidance of doubt, that the restrictions contained in the Senior Notes (and restrictions applicable to any Permitted Refinancing Indebtedness in respect of the Senior Notes or other future Indebtedness incurred pursuant to Section

        7.03(p) which are not substantially more restrictive, taken as a whole, than such restrictions in the Senior Notes) do not violate the above provisions of this clause (b).

   

  		7.10	Use of Proceeds.

   

  Use the proceeds of any Credit Extension, whether directly or
      indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund

   

  
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  indebtedness originally incurred for such purpose in each case in a manner that violates
      Regulation T, U or X of the FRB.

   

  		7.11	Financial Covenants.

   

  (a)                Consolidated Net Leverage Ratio.
      Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower specified below to be greater than the ratio set forth in the table below corresponding to such fiscal quarter.

   

  	
           

          Fiscal Quarter End

        	
          Maximum Consolidated

          Net Leverage Ratio

        
	December 31, 2019 and each
            fiscal quarter ending thereafter	3.50:1.00

   

   

  (b)               Consolidated Interest Coverage Ratio.
      Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

   

  (c)                Consolidated Senior Secured Leverage
        Ratio. Permit the Consolidated Senior Secured Leverage Ratio as of the end of any fiscal quarter of the Borrower specified below to be greater than the ratio set forth in the table below corresponding to such fiscal quarter.

   

  	
           

          Fiscal Quarter End

        	
          Maximum Consolidated

          Senior Secured Leverage Ratio

        
	December 31, 2019 and each
            fiscal quarter ending thereafter	2.00:1.00

   

   

  		7.12	Prepayment of Certain Indebtedness, Etc.

   

  (a)                If any Event of Default exists or would
      result therefrom or if to do so would violate any applicable subordination provisions or agreements with respect thereto, amend or modify any of the terms of any unsecured Indebtedness of the Borrower or any Restricted Subsidiary or any Indebtedness
      of the Borrower or any Restricted Subsidiary that is contractually subordinated in right of payment to the Obligations if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Restricted Subsidiary,
      or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.

   

  (b)               Make (or give any notice with respect
      thereto) any voluntary or optional payment or prepayment or redemption or acquisition for value of (including by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund,
      refinance or exchange of any unsecured Indebtedness of the Borrower or any Restricted Subsidiary or any Indebtedness of the Borrower or any Restricted Subsidiary that is contractually subordinated in right of payment to the Obligations except
      that so long as no Event of Default exists or would result therefrom or if to do so would not violate any applicable subordination provisions or agreements with respect thereto, the Borrower and its Restricted Subsidiaries may: (i) make such
      prepayments, redemptions or acquisitions for value if (A) the Loan Parties are in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently ended for
      which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to such prepayment, redemption or acquisition

   

  
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  for value on a Pro Forma Basis (and the Consolidated Net Leverage Ratio, as so
      calculated, shall not exceed 3.00 to 1.0) and (B) after giving effect thereto (but excluding the proceeds thereof), Liquidity shall be at least $50,000,000, (ii) make such prepayments, redemptions or acquisitions for value with the Available Amount (provided
      that such prepayments, redemptions or acquisitions for value may not be made during the period from the Second Amendment Effective Date through and including December 31, 2019 pursuant to this subclause (ii) unless, after giving effect to any
      such prepayment, redemption or acquisition for value on a Pro Forma Basis, the Consolidated Net Leverage Ratio does not exceed 3.00 to 1.00), (iii) make such prepayments, redemptions or acquisitions for value of any intercompany Indebtedness, (iv)
      make prepayments, redemptions or acquisitions for value in connection with a refinancing of such Indebtedness permitted by Section 7.03 or in any exchange for Equity Interests of the Borrower (other than Disqualified Equity Interests), and
      (v) make such other prepayments, redemptions or acquisitions for value in an aggregate amount from and after the Closing Date not to exceed $10,000,000.

   

  		7.13	Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity.

   

  (a)                In the case of a Loan Party or a direct
      Foreign Subsidiary of a Loan Party, amend, modify or change its Organization Documents in a manner materially adverse to the rights or interest of the Lenders.

   

  (b)                Change its fiscal year (other than, in the
      case of Restricted Subsidiaries, to change their fiscal year to coincide with the Borrower’s fiscal year).

   

  (c)                In the case of any Loan Party, without
      providing ten days prior written notice to the Administrative Agent (or such lesser period as the Administrative Agent may agree), change its name, state of formation or form of organization.

   

  		7.14	Sanctions.

   

  Directly or indirectly, use any Credit Extension or
      the proceeds of any Credit Extension, or lend, contribute or otherwise make available such Credit Extension or the proceeds of any Credit Extension to any Person, to fund any activities of or business with any Person, or in any Designated
      Jurisdiction, that, at the time of such funding, is the subject of Sanctions, or in any other manner that will result in a violation by any Person (including any Person participating in the transaction, whether as Lender, Arranger, Administrative
      Agent, L/C Issuer, Swingline Lender, or otherwise) of Sanctions.

   

  		7.15	Anti-Corruption Laws.

   

  Directly or indirectly use any Credit Extension or the proceeds of any
      Credit Extension for any purpose which would breach the United States Foreign Corrupt Practices Act of 1977 or other similar anti-corruption legislation in other jurisdictions to which the Borrower and the Subsidiaries are subject.

   

  		7.16	Designation of Subsidiaries.

   

  Designate (i) any Subsidiary as an Unrestricted Subsidiary or (ii) any
      Unrestricted Subsidiary as a Restricted Subsidiary; except that the Borrower may at any time after the Closing Date designate any Subsidiary as an Unrestricted Subsidiary or, to the extent otherwise meeting the definition of “Subsidiary,” any
      Unrestricted Subsidiary as a Restricted Subsidiary so long as at the time of such designation (and in the case of clause (c), (e), and (g) below, at all times thereafter):

   

  
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  (a)                immediately before and after such
      designation, no Default shall have occurred and be continuing or shall be caused thereby;

   

  (b)               the Borrower shall have delivered to the
      Administrative Agent a certificate demonstrating that the Loan Parties would be in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently ended for
      which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) after giving effect to such designation on a Pro Forma Basis;

   

  (c)                with respect to any Person to be designated
      as an Unrestricted Subsidiary, (i) no Loan Party or any Subsidiaries thereof (other than the Person to be designated or any Subsidiary thereof) has any direct or indirect obligation to subscribe for additional Equity Interests of the Person to be
      designated, to guaranty or otherwise directly or indirectly provide credit support for such Person or to maintain or preserve such Person’s financial condition or to cause such Person to achieve any specified levels of operating results, (ii) such
      Person is not a party to any material agreement or contract with the Borrower or any of its Subsidiaries (other than the Person to be designated or any Subsidiary thereof) except as expressly permitted by Section 7.08 and (iii) neither such
      Person nor any of its Subsidiaries shall own any Equity Interests or Indebtedness of the Borrower or any of its Subsidiaries;

   

  (d)               any designation of a Person as an
      Unrestricted Subsidiary shall be deemed an Investment in an amount equal to the fair market value immediately prior to such designation of the aggregate interest of the Borrower and its Restricted Subsidiaries in the Person so designated;

   

  (e)                upon the designation of any Unrestricted
      Subsidiary as a Restricted Subsidiary in accordance with this Section 7.16, any outstanding Liens or Indebtedness of such Subsidiary must comply with Sections 7.01 and 7.03, respectively, and the Borrower and such Subsidiary
      shall comply with Sections 6.13 and 6.14 with respect to such Subsidiary;

   

  (f)                no Person may be designated as an
      Unrestricted Subsidiary more than once without the prior written consent of the Administrative Agent;

   

  (g)                no Subsidiary owning any of the assets or
      property comprising the Kensington Mine, the Rochester Mine, the Sterling Mine or the Wharf Mine may be designated as an Unrestricted Subsidiary; and

   

  (h)               no Person may be designated as an
      Unrestricted Subsidiary if the Unrestricted Subsidiaries, on an aggregate basis, do or would comprise more than 10% of consolidated revenues of the Borrower and its Subsidiaries.

   

  Any such designation shall be evidenced by (i) providing notice to the
      Administrative Agent of the copy of the resolution of the board of directors of the Borrower giving effect to such designation and (ii) delivering to the Administrative Agent a certificate of a Responsible Officer of the Borrower certifying that such
      designation complies with the foregoing requirements.

   

  		7.17	Maximum Cash-on-Hand.

   

  If at any time prior to January 1, 2020 Consolidated Cash-on-Hand
      exceeds $25,000,000 for any five consecutive Business Day period, the Borrower shall prepay Loans in an amount equal to the amount by which (x) Consolidated Cash-on-Hand exceeds (y) $25,000,000 (or, if less, in an amount equal to the aggregate
      principal amount of Loans then outstanding) as of the close of business on such fifth Business

   

  
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  Day. These payments shall be applied to the outstanding Revolving Loans and Swing Line Loans
      in a manner consistent with Section 2.05(a).

   

  ARTICLE VIII

      

      EVENTS OF DEFAULT AND REMEDIES

   

  		8.01	Events of Default.

   

  Any of the following shall constitute an “Event of Default”:

   

  (a)                Non-Payment. Any Loan Party fails
      to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation or deposit any funds as Cash Collateral in respect of L/C Obligations, or (ii) within three days after the same becomes due, any interest on
      any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or

   

  (b)               Specific Covenants. Any Loan Party
      fails to perform or observe any term, covenant or agreement contained in any of Section 6.03(a), 6.05(a), or 6.10 or Article VII; or

   

  (c)                Other Defaults. Any Loan Party
      fails to perform or observe any other covenant or agreement (not specified in subsection (a) or (b) above) (i) constituting a required delivery contained in Section 6.01 or 6.02 and such failure continues for five
      Business Days, or (ii) contained in any Loan Document on its part to be performed or observed and such failure continues for thirty days; or

   

  (d)               Representations and Warranties. Any
      representation, warranty, certification or statement of fact made or deemed made by or on behalf of any Loan Party herein, in any other Loan Document, or in any document delivered in connection herewith or therewith shall be incorrect in any material
      respect when made or deemed made; or

   

  (e)                Cross-Default. (i) Any Loan Party
      or any Restricted Subsidiary (A) fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness or Guarantee (other than Indebtedness hereunder and
      Indebtedness under Swap Contracts) having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than the Threshold
      Amount, or (B) fails to observe or perform any other agreement or condition relating to any such Indebtedness or Guarantee or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, the effect of
      which default or other event is to cause, or to permit the holder or holders of such Indebtedness or the beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to
      cause, with the giving of notice if required, such Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness
      to be made, prior to its stated maturity, or such Guarantee to become payable or cash collateral in respect thereof to be demanded, provided, that this clause (B) shall not apply to (x) any mandatory offer to purchase as a result of
      the sale, transfer or other Disposition of assets, if such sale, transfer or other Disposition is permitted hereunder and under the documents providing for such Indebtedness (and, for the avoidance of doubt, the aggregate principal amount of such
      Indebtedness shall not be included in determining whether an Event of

   

  
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  Default has occurred under this paragraph (e)) or (y)  any conversion of,
      or trigger of conversion rights with respect to, any Convertible Indebtedness in accordance with its terms (whether or not such conversion is to be settled in cash or capital stock or a combination thereof, in each case so long as permitted by Section

        7.06) unless such conversion results from any default or event of default by any Loan Party or Subsidiary thereunder or a “change of control”, “fundamental change” or similar occurrence thereunder; (ii) there occurs (A) under any Swap Contract,
      Permitted Bond Hedge Transaction or Permitted Warrant Transaction an Early Termination Date (as defined in such Swap Contract, Permitted Bond Hedge Transaction or Permitted Warrant Transaction) resulting from any event of default under such Swap
      Contract, Permitted Bond Hedge Transaction or Permitted Warrant Transaction as to which any Loan Party or any Restricted Subsidiary is the Defaulting Party (as defined in such Swap Contract, Permitted Bond Hedge Transaction or Permitted Warrant
      Transaction) (and, in the case of any Permitted Bond Hedge Transaction or Permitted Warrant Transaction, the Swap Termination Value cannot be satisfied by the issuance of common stock of the Borrower) or (B) under any Swap Contract, any Termination
      Event (as so defined) under such Swap Contract as to which any Loan Party or any Restricted Subsidiary is an Affected Party (as so defined) and, in either event, the Swap Termination Value owed by such Loan Party or such Restricted Subsidiary as a
      result thereof is greater than the Threshold Amount; (iii) any one or more events described in each of the foregoing clauses (i) and (ii) occurs and the aggregate amount implicated thereby is greater than the Threshold Amount; or
      (iv) surety or performance bonds issued for the Borrower and its Restricted Subsidiaries (in an aggregate amount in excess of the Threshold Amount) shall have been drawn on or the beneficiaries in respect of such surety or performance bonds shall
      have elected to have the bonding company assume or provide for the assumption of the performance obligations covered thereby; or

   

  (f)                Insolvency Proceedings, Etc. Except
      as permitted by Section 7.04, any Loan Party or any Restricted Subsidiary (other than any Immaterial Subsidiary) institutes or consents to the institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit
      of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it or for all or any material part of its property; or any receiver, trustee, custodian,
      conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of such Person and the appointment continues undischarged or unstayed for sixty calendar days; or any proceeding under any Debtor Relief Law
      relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed or unstayed for sixty calendar days, or an order for relief is entered in any such proceeding; or

   

  (g)                Inability to Pay Debts; Attachment.
      (i) Any Loan Party or any Restricted Subsidiary (other than any Immaterial Subsidiary) admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process
      is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty days after its issue or levy; or

   

  (h)               Judgments. There is entered against
      any Loan Party or any Restricted Subsidiary (i) one or more final judgments or orders for the payment of money in an aggregate amount (as to all such judgments or orders) exceeding the Threshold Amount (to the extent not covered by independent
      third-party insurance as to which the insurer has been notified of the claim and does not dispute coverage), or (ii) any one or more non-monetary final judgments that have, or could reasonably be expected to have, individually or in the aggregate, a
      Material Adverse Effect and, in either case, (A) enforcement proceedings are commenced by any creditor upon such judgment or order, or (B) there is a period of thirty consecutive days during which such judgment has not been

   

  
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  paid or discharged and a stay of enforcement of such judgment, by reason of a
      pending appeal or otherwise, is not in effect; or

   

  (i)               ERISA. (i) An ERISA Event occurs
      with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in liability of any Loan Party under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in
      excess of the Threshold Amount, or (ii) the Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under
      a Multiemployer Plan in an aggregate amount in excess of the Threshold Amount; or

   

  (j)                 Invalidity of Loan Documents. Any
      provision of any Loan Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder or upon the Facility Termination Date or satisfaction in full of all the Obligations, ceases to
      be in full force and effect or ceases to give the Administrative Agent any material part of the Liens purported to be created thereby (except to the extent that any of the foregoing results from the failure of the Administrative Agent to maintain
      possession of certificates actually delivered to it representing securities pledged under the Loan Documents or to file UCC continuation statements; or any Loan Party or any other Person contests in any manner the validity or enforceability of any
      provision of any Loan Document; or any Loan Party denies that it has any or further liability or obligation under any provision of any Loan Document, or purports to revoke, terminate or rescind any Loan Document; or

   

  (k)                Change of Control. There occurs any
      Change of Control; or

   

  (l)                Mining. The termination or default
      (for which any relevant grace or cure period has expired) under any contract or license material to the rights of the Borrower or its Restricted Subsidiaries to mine at (i) the Rochester Mine, the Kensington Mine, the Sterling Mine or the Wharf Mine,
      which termination or default could reasonably be expected to have a Material Adverse Effect; provided that no such termination or default described in this Section 8.01(l) shall cause an Event of Default for a period of up to 120 days
      following such termination or default so long as (1) the Loan Parties are diligently appealing or disputing (or causing to be appealed or disputed) such termination or default or attempting to cure the same, (2) the Loan Parties continue to operate
      the Rochester Mine, the Sterling Mine, the Wharf Mine and/or the Kensington Mine, as applicable, as contemplated by this Agreement and the other Loan Documents and the enforcement of any such termination or default is effectively stayed (or the other
      party to such contract or the issuer of such license is not exercising or overtly threatening to exercise termination or dispossessory remedies with respect thereto), and (3) at all times during such period, there has not occurred a Material Adverse
      Effect in connection with or as a result of such termination or default.

   

  8.02          Remedies Upon Event of Default.

   

  If any Event of Default occurs and is continuing, the Administrative
      Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions:

   

  (a)                declare the commitment of each Lender to
      make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions to be terminated, whereupon such commitments and obligation shall be terminated;

   

  (b)                declare the unpaid principal amount of all
      outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan

   

  
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  Document to be immediately due and payable, without
      presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower;

   

  (c)                require that the Borrower Cash
      Collateralize the L/C Obligations (in an amount equal to the Minimum Collateral Amount with respect thereto); and

   

  (d)               exercise on behalf of itself, the Lenders
      and the L/C Issuer all rights and remedies available to it, the Lenders and the L/C Issuer under the Loan Documents or applicable Law or at equity;

   

  provided, however, that upon the occurrence of an actual or
      deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions shall automatically
      terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable, and the obligation of the Borrower to Cash Collateralize the L/C Obligations as aforesaid
      shall automatically become effective, in each case without further act of the Administrative Agent or any Lender.

   

  		8.03	Application of Funds.

   

  After the exercise of remedies provided for in Section 8.02 (or
      after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), any amounts received on account of the
      Obligations shall, subject to the provisions of Sections 2.14 and 2.15, be applied by the Administrative Agent in the following order:

   

  First, to payment of that portion of the Obligations constituting
      fees, indemnities, expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such;

   

  Second, to payment of that portion of the Obligations
      constituting fees, indemnities and other amounts (other than principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer
      and amounts payable under Article III), ratably among them in proportion to the respective amounts described in this clause Second payable to them;

   

  Third, to payment of that portion of the Obligations constituting
      accrued and unpaid Letter of Credit Fees and interest on the Loans and L/C Borrowings, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Third payable to them;

   

  Fourth, to (a) payment of that portion of the Obligations
      constituting unpaid principal of the Loans and L/C Borrowings, (b) payment of Obligations then owing under any Secured Hedge Agreements, (c) payment of Obligations then owing under any Secured Cash Management Agreements and (d) Cash Collateralize
      that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit, ratably among the Lenders, the L/C Issuer, the Hedge Banks and the Cash Management Banks in proportion to the respective amounts described in this clause
      Fourth payable to them; and

   

  Last, the balance, if any, after all of the Obligations have been
      indefeasibly paid in full, to the Borrower or as otherwise required by Law.

   

  
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  Subject to Sections 2.03(c) and 2.14, amounts used to
      Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant to clause Fourth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after
      all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above. Excluded Swap Obligations with respect to any Guarantor shall not be paid with
      amounts received from such Guarantor or such Guarantor’s assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Obligations otherwise set forth above in this Section.

   

  Notwithstanding the foregoing, Obligations arising under Secured Cash
      Management Agreements and Secured Hedge Agreements shall be excluded from the application described above if the Administrative Agent has not received a Secured Party Designation Notice, together with such supporting documentation as the
      Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be (unless such Cash Management Bank or Hedge Bank is the Administrative Agent or an Affiliate thereof). Each Cash Management Bank or Hedge Bank
      not a party to this Agreement that has given the notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of Article IX
      for itself and its Affiliates as if a “Lender” party hereto.

   

  ARTICLE IX

      

      ADMINISTRATIVE AGENT

   

  		9.01	Appointment and Authority.

   

  Each of the Lenders and the L/C Issuer hereby irrevocably appoints Bank
      of America to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative
      Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuer, and no Loan Party
      shall have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not
      intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative
      relationship between contracting parties.

   

  The Administrative Agent shall also act as the “collateral agent”
      under the Loan Documents, and each of the Lenders (in its capacities as a Lender, Swingline Lender (if applicable), potential Hedge Banks and potential Cash Management Banks) and the L/C Issuer hereby irrevocably appoints and authorizes the
      Administrative Agent to act as the agent of such Lender and the L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers
      and discretion as are reasonably incidental thereto. In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to Section 9.05 for
      purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent, shall be entitled to the
      benefits of all provisions of this Article IX and Article XI (including Section 11.04(c), as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents) as if set forth in full
      herein with respect thereto.

   

  
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  		9.02	Rights as a Lender.

   

  The Person serving as the Administrative Agent hereunder shall have the
      same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context
      otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other
      advisory capacity for and generally engage in any kind of banking, trust, financial, advisory, underwriting or other business with any Loan Party or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent
      hereunder and without any duty to account therefor to the Lenders or to provide notice to or consent of the Lenders with respect thereto.

   

  		9.03	Exculpatory Provisions.

   

  The Administrative Agent or the Arranger, as applicable, shall not have
      any duties or obligations except those expressly set forth herein and in the other Loan Documents, and its duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative Agent or the Arranger,
      as applicable, and its Related Parties:

   

  (a)                shall not be subject to any fiduciary or
      other implied duties, regardless of whether a Default has occurred and is continuing;

   

  (b)               shall not have any duty to take any
      discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the
      Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its
      opinion or the opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to any Loan Document or applicable Law, including for the avoidance of doubt any action that may be in violation of the automatic stay under
      any Debtor Relief Law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any Debtor Relief Law;

   

  (c)                shall not have any duty or responsibility
      to disclose, and shall not be liable for the failure to disclose, to any Lender or the L/C Issuer any credit or other information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any of
      the Loan Parties or any of their Affiliates that is communicated to, or in the possession of, the Administrative Agent, Arranger or any of their Related Parties in any capacity, except for notices, reports and other documents expressly required to be
      furnished to the Lenders by the Administrative Agent herein; and

   

  (d)               do not warrant, nor accept responsibility,
      nor shall the Administrative Agent have any liability with respect to the administration, submission or any other matter related to the rates in the definition of “Eurodollar Rate” or with respect to any rate that is an alternative or replacement for
      or successor to any of such rate (including, without limitation, any LIBOR Successor Rate) or the effect of any of the foregoing, or of any LIBOR Successor Rate Conforming Changes.

   

  Neither the Administrative Agent nor any of its Related Parties shall be
      liable for any action taken or not taken by the Administrative Agent under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby or thereby (i) with the consent or at the request of the

   

  
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  Required Lenders (or such other number or percentage of the Lenders as
      shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 11.01 and 8.02) or (ii) in the absence of its own gross negligence or willful
      misconduct as determined by a court of competent jurisdiction by final and nonappealable judgment. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice describing such Default is given in writing to
      the Administrative Agent by the Borrower, a Lender or the L/C Issuer.

   

  Neither the Administrative Agent nor any of its Related Parties have any
      duty or obligation to any Lender or participant or any other Person to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any
      certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the
      occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be
      created by the Collateral Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be
      delivered to the Administrative Agent.

   

  		9.04	Reliance by Administrative Agent.

   

  The Administrative Agent shall be entitled to rely upon, and shall be
      fully protected in relying and shall not incur any liability for relying upon, any notice, request, certificate, communication, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website
      posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it
      to have been made by the proper Person, and shall be fully protected in relying and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance, extension, renewal
      or increase of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C Issuer unless the
      Administrative Agent shall have received notice to the contrary from such Lender or the L/C Issuer prior to the making of such Loan or the issuance, extension, renewal or increase of such Letter of Credit. The Administrative Agent may consult with
      legal counsel (who may be counsel for the Loan Parties), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or
      experts.

   

  		9.05	Delegation of Duties.

   

  The Administrative Agent may perform any and all of its duties and
      exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub agents appointed by the Administrative Agent. The Administrative Agent and any such sub agent may perform any and all of its duties and
      exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub agent and to the Related Parties of the Administrative Agent and any such sub agent, and shall apply
      to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent. The Administrative Agent shall not be responsible for the negligence or misconduct of any
      sub-agents except to the extent that a court of competent jurisdiction determines in a final and non-appealable judgment that the Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub-agents.

   

  
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  		9.06	Resignation of Administrative Agent.

   

  (a)                The Administrative Agent may at any time
      give notice of its resignation to the Lenders, the L/C Issuer and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall be a
      bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within thirty days
      after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required Lenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated
      to) on behalf of the Lenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above, provided that in no event shall any such successor Administrative Agent be a Defaulting Lender. Whether or
      not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

   

  (b)               If the Person serving as Administrative
      Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof, the Required Lenders may, to the extent permitted by applicable Law, by notice in writing to the Borrower and such Person remove such Person as Administrative
      Agent and, in consultation with the Borrower, appoint a successor. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within thirty days (or such earlier day as shall be agreed by the
      Required Lenders) (the “Removal Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date.

   

  (c)                With effect from the Resignation Effective
      Date or the Removal Effective Date (as applicable) (i) the retiring or removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security
      held by the Administrative Agent on behalf of the Lenders or the L/C Issuer under any of the Loan Documents, the retiring or removed Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative
      Agent is appointed) and (ii) except for any indemnity payments or other amounts then owed to the retiring or removed Administrative Agent, all payments, communications and determinations provided to be made by, to or through the Administrative Agent
      shall instead be made by or to each Lender and the L/C Issuer directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for above. Upon the acceptance of a successor’s appointment as
      Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or removed) Administrative Agent (other than as provided in Section 3.01(g) and other
      than any rights to indemnity payments or other amounts owed to the retiring or removed Administrative Agent as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or removed Administrative Agent shall be
      discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrower to a successor Administrative Agent shall be the
      same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring or removed Administrative Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this
      Article and Section 11.04 shall continue in effect for the benefit of such retiring or removed Administrative Agent, its sub agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them (i)
      while the retiring or removed Administrative Agent was acting as Administrative Agent and (ii) after such resignation or removal for as long as any of them continues to act in any capacity hereunder or under the other Loan

   

  
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  Documents, including (A) acting as collateral agent or otherwise
      holding any collateral security on behalf of any of the Lenders and (B) in respect of any actions taken in connection with transferring the agency to any successor Administrative Agent.

   

  (d)               Any resignation by or removal of Bank of
      America as Administrative Agent pursuant to this Section shall also constitute its resignation as L/C Issuer and Swingline Lender. If Bank of America resigns as an L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C
      Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto, including the right to require the Lenders to make Base Rate Loans or fund risk
      participations in Unreimbursed Amounts pursuant to Section 2.03(c). If Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and
      outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04(c). Upon the appointment by the
      Borrower of a successor L/C Issuer or Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and
      duties of the retiring L/C Issuer or Swingline Lender, as applicable, (ii) the retiring L/C Issuer and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents and (iii) the
      successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank
      of America with respect to such Letters of Credit.

   

  		9.07	Non-Reliance on Administrative Agent and Other Lenders.

   

  Each Lender and the L/C Issuer expressly acknowledges that none of the
      Administrative Agent nor the Arranger has made any representation or warranty to it, and that no act by the Administrative Agent or the Arranger hereafter taken, including any consent to, and acceptance of any assignment or review of the affairs of
      any Loan Party or any Affiliate thereof, shall be deemed to constitute any representation or warranty by the Administrative Agent or the Arranger to any Lender or the L/C Issuer as to any matter, including whether the Administrative Agent or the
      Arranger have disclosed material information in their (or their Related Parties’) possession. Each Lender and the L/C Issuer represents to the Administrative Agent and the Arranger that it has, independently and without reliance upon the
      Administrative Agent, the Arranger, any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis of, appraisal of, and investigation into, the business,
      prospects, operations, property, financial and other condition and creditworthiness of the Loan Parties and their Subsidiaries, and all applicable bank or other regulatory Laws relating to the transactions contemplated hereby, and made its own
      decision to enter into this Agreement and to extend credit to the Borrower hereunder. Each Lender and the L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent, the Arranger, any other Lender or
      any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under or based upon this
      Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder, and to make such investigations as it deems necessary to inform itself as to the business, prospects, operations, property, financial and
      other condition and creditworthiness of the Loan Parties. Each Lender and the L/C Issuer represents and warrants that (i) the Loan Documents set forth the terms of a commercial lending facility and (ii) it is engaged in making, acquiring or holding
      commercial loans in the ordinary course and is entering into this Agreement as a Lender or L/C Issuer for the purpose of making, acquiring or holding commercial loans and providing other facilities set forth herein as may be applicable to such Lender
      or L/C Issuer, and not for the purpose of purchasing, acquiring or holding any

   

  
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  other type of financial instrument, and each Lender and the L/C Issuer
      agrees not to assert a claim in contravention of the foregoing. Each Lender and the L/C Issuer represents and warrants that it is sophisticated with respect to decisions to make, acquire and/or hold commercial loans and to provide other facilities
      set forth herein, as may be applicable to such Lender or such L/C Issuer, and either it, or the Person exercising discretion in making its decision to make, acquire and/or hold such commercial loans or to provide such other facilities, is experienced
      in making, acquiring or holding such commercial loans or providing such other facilities.

   

  		9.08	No Other Duties; Etc.

   

  Anything herein to the contrary notwithstanding, none of the
      bookrunners, arrangers, syndication agents, documentation agents or co-agents shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative
      Agent, the Arranger, a Lender or the L/C Issuer hereunder.

   

  		9.09	Administrative Agent May File Proofs of Claim; Credit Bidding.

   

  In case of the pendency of any proceeding under any Debtor Relief Law or
      any other judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective
      of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

   

  (a)                to file and prove a claim for the whole
      amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the
      Lenders, the L/C Issuer and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders, the L/C Issuer and the Administrative Agent and their respective agents and counsel and
      all other amounts due the Lenders, the L/C Issuer and the Administrative Agent under Sections 2.03(h), 2.03(i), 2.09 and 11.04) allowed in such judicial proceeding; and

   

  (b)               to collect and receive any monies or other
      property payable or deliverable on any such claims and to distribute the same;

   

  and any custodian, receiver, assignee, trustee, liquidator, sequestrator
      or other similar official in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such
      payments directly to the Lenders and the L/C Issuer, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts
      due the Administrative Agent under Sections 2.09 and 11.04.

   

  Nothing contained herein shall be deemed to authorize the Administrative
      Agent to authorize or consent to or accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or the L/C Issuer to authorize the
      Administrative Agent to vote in respect of the claim of any Lender or the L/C Issuer in any such proceeding.

   

  The holders of the Obligations hereby irrevocably authorize the
      Administrative Agent, at the direction of the Required Lenders, to credit bid all or any portion of the Obligations (including accepting some or all of the Collateral in satisfaction of some or all of the Obligations pursuant to a deed in lieu of

   

  
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  foreclosure or otherwise) and in such manner purchase (either directly or through one or more
      acquisition vehicles) all or any portion of the Collateral (a) at any sale thereof conducted under the provisions of the Bankruptcy Code of the United States, including under Sections 363, 1123 or 1129 of the Bankruptcy Code of the United States, or
      any similar Laws in any other jurisdictions to which a Loan Party is subject, (b) at any other sale or foreclosure or acceptance of collateral in lieu of debt conducted by (or with the consent or at the direction of) the Administrative Agent (whether
      by judicial action or otherwise) in accordance with any applicable Law. In connection with any such credit bid and purchase, the Obligations owed to the holders thereof shall be entitled to be, and shall be, credit bid on a ratable basis (with
      Obligations with respect to contingent or unliquidated claims receiving contingent interests in the acquired assets on a ratable basis that would vest upon the liquidation of such claims in an amount proportional to the liquidated portion of the
      contingent claim amount used in allocating the contingent interests) in the asset or assets so purchased (or in the Equity Interests or debt instruments of the acquisition vehicle or vehicles that are used to consummate such purchase). In connection
      with any such bid (i) the Administrative Agent shall be authorized to form one or more acquisition vehicles to make a bid, and to adopt documents providing for the governance of the acquisition vehicle or vehicles (provided that any actions by the
      Administrative Agent with respect to such acquisition vehicle or vehicles, including any disposition of the assets or Equity Interests thereof, shall be governed, directly or indirectly, by the vote of the Required Lenders, irrespective of the
      termination of this Agreement and without giving effect to the limitations on actions by the Required Lenders contained in Section 11.01(a)), and (ii) to the extent that Obligations that are assigned to an acquisition vehicle are not used to
      acquire Collateral for any reason (as a result of another bid being higher or better, because the amount of Obligations assigned to the acquisition vehicle exceeds the amount of debt credit bid by the acquisition vehicle or otherwise), such
      Obligations shall automatically be reassigned to the Lenders pro rata and the Equity Interests and/or debt instruments issued by any acquisition vehicle on account of the Obligations that had been assigned to the acquisition vehicle shall
      automatically be cancelled, without the need for any Lender or any acquisition vehicle to take any further action.

   

  9.10          Collateral and Guaranty Matters.

   

  Without limiting the provisions of Section 9.09, each of the
      Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank) and the L/C Issuer irrevocably authorize the Administrative Agent, at its option and in its discretion,

   

  (a)                to release any Lien on any property granted
      to or held by the Administrative Agent under any Loan Document (i) upon the Facility Termination Date, (ii) that is sold or otherwise disposed of as part of or in connection with any sale or other disposition permitted hereunder or under any other
      Loan Document or any Recovery Event, (iii) that is or has become Excluded Property, (iv) that is owned by any Guarantor upon the release of such Guarantor permitted under clause (c) below or (v) as approved in accordance with Section
        11.01;

   

  (b)               to subordinate any Lien on any property
      granted to or held by the Administrative Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 7.01(g) or Section 7.01(i); and

   

  (c)                to release any Guarantor from its
      obligations under the Guaranty and the other Loan Documents to which it is a party (i) upon the Facility Termination Date, (ii) if such Person becomes an Excluded Subsidiary, or (iii) if such Person ceases to be a Restricted Subsidiary as a result of
      a transaction (including, for the avoidance of doubt, the designation of such Person as an Unrestricted Subsidiary) permitted under the Loan Documents.

   

  Upon request by the Administrative Agent at any time, the Required
      Lenders will confirm in writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items

   

  
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  of property, or to release any Guarantor from its obligations under the Guaranty, pursuant to
      this Section 9.10.

   

  Upon the occurrence of any event described in clause (a), (b)
      or (c) above, the Administrative Agent shall promptly (and the Lenders hereby authorize the Administrative Agent to) take such action and execute any such documents as may be reasonably requested by the Borrower and at the Borrower’s expense
      to evidence and effectuate such termination and release of the guarantees, Liens and security interests created by the Loan Documents, or in the case of clause (b), such subordination.

   

  The Administrative Agent shall not be responsible for or have a duty to
      ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Loan
      Party in connection therewith, nor shall the Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral.

   

  9.11          Secured Cash Management Agreements and Secured
        Hedge Agreements.

   

  Except as otherwise expressly set forth herein, no Cash Management Bank
      or Hedge Bank that obtains the benefit of Section 8.03, the Guaranty or any Collateral by virtue of the provisions hereof or any Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action
      hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) (or to notice of or to consent to any amendment, waiver or modification of the provisions hereof or of the
      Guaranty or any Collateral Document) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article IX to the contrary, the
      Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements except to the
      extent expressly provided herein and unless the Administrative Agent has received a Secured Party Designation Notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash
      Management Bank or Hedge Bank, as the case may be. The Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management
      Agreements and Secured Hedge Agreements in the case of the Facility Termination Date.

   

  9.12          ERISA Matters.

   

  (a)          Each Lender (x) represents and warrants, as of
      the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and the Arranger
      and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

   

  (i)                 such Lender is not using “plan assets”
      (within the meaning of Section 3(42) of ERISA or otherwise) of one or more Benefit Plans with respect such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments, or this
      Agreement,

   

  (ii)               the transaction exemption set forth in one
      or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions

   

  
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  involving insurance company general accounts), PTE 90-1 (a class exemption for
      certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined by
      in-house asset managers), is applicable with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement,

   

  (iii)             (A) such Lender is an investment fund
      managed by a “Qualified Professional Asset Manager” (within the meaning of Part VI of PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in, administer and
      perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C) the entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement satisfies the
      requirements of sub-sections (b) through (g) of Part I of PTE 84-14 and (D) to the best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with respect to such Lender’s entrance into, participation in,
      administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement, or

   

  (iv)             such other representation, warranty and
      covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and such Lender.

   

  (b)         In addition, unless either (i) sub-clause (i)
      in the immediately preceding clause (a) is true with respect to a Lender or (ii) a Lender has provided another representation, warranty and covenant in accordance with sub-clause (iv) in the immediately preceding clause (a),
      such Lender further (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for
      the benefit of, the Administrative Agent and the Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that none of the Administrative Agent or the Arranger or
      any of their respective Affiliates is a fiduciary with respect to the assets of such Lender involved in such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this
      Agreement (including in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Loan Document or any documents related hereto or thereto).

   

  ARTICLE X

      

      GUARANTY

   

  10.01      The Guaranty.

   

  Each of the Guarantors hereby jointly and severally guarantees to each
      Lender, the L/C Issuer and each other holder of Obligations as hereinafter provided, as primary obligor and not as surety, the prompt payment of the Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration,
      as a mandatory cash collateralization or otherwise) strictly in accordance with the terms thereof. The Guarantors hereby further agree that if any of the Obligations are not paid in full when due (whether at stated maturity, as a mandatory
      prepayment, by acceleration, as a mandatory cash collateralization or otherwise), the Guarantors will, jointly and severally, promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or
      renewal of

   

  
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  any of the Obligations, the same will be promptly paid in full when due
      (whether at extended maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise) in accordance with the terms of such extension or renewal.

   

  Notwithstanding any provision to the contrary contained herein or in any
      other of the Loan Documents or the other documents relating to the Obligations, the obligations of each Guarantor under this Agreement and the other Loan Documents shall not exceed an aggregate amount equal to the largest amount that would not render
      such obligations subject to avoidance under applicable Debtor Relief Laws.

   

  		10.02	Obligations Unconditional.

   

  The obligations of the Guarantors under Section 10.01 are joint
      and several, absolute and unconditional, irrespective of the value, genuineness, validity, regularity or enforceability of any of the Loan Documents or other documents relating to the Obligations, or any substitution, release, impairment or exchange
      of any other guarantee of or security for any of the Obligations, and, to the fullest extent permitted by applicable Law, irrespective of any other circumstance whatsoever which might otherwise constitute a legal or equitable discharge or defense of
      a surety or guarantor, it being the intent of this Section 10.02 that the obligations of the Guarantors hereunder shall be absolute and unconditional under any and all circumstances. Each Guarantor agrees that such Guarantor shall have no
      right of subrogation, indemnity, reimbursement or contribution against the Borrower or any other Loan Party for amounts paid under this Article X until such time as the Obligations (other than contingent indemnification and reimbursement
      obligations and other than Letters of Credit that have been Cash Collateralized) have been paid in full and the Commitments have expired or terminated. Without limiting the generality of the foregoing, it is agreed that, to the fullest extent
      permitted by Law, the occurrence of any one or more of the following shall not alter or impair the liability of any Guarantor hereunder, which shall remain absolute and unconditional as described above:

   

  (a)                at any time or from time to time, without
      notice to any Guarantor, the time for any performance of or compliance with any of the Obligations shall be extended, or such performance or compliance shall be waived;

   

  (b)               any of the acts mentioned in any of the
      provisions of any of the Loan Documents or other documents relating to the Obligations shall be done or omitted;

   

  (c)                the maturity of any of the Obligations
      shall be accelerated, or any of the Obligations shall be modified, supplemented or amended in any respect, or any right under any of the Loan Documents or other documents relating to the Obligations shall be waived or any other guarantee of any of
      the Obligations or any security therefor shall be released, impaired or exchanged in whole or in part or otherwise dealt with;

   

  (d)               any Lien granted to, or in favor of, the
      Administrative Agent or any other holder of the Obligations as security for any of the Obligations shall fail to attach or be perfected; or

   

  (e)                any of the Obligations shall be determined
      to be void or voidable (including for the benefit of any creditor of any Guarantor) or shall be subordinated to the claims of any Person (including any creditor of any Guarantor).

   

  With respect to its obligations hereunder, each Guarantor hereby
      expressly waives diligence, presentment, demand of payment, protest and all notices whatsoever, and any requirement that the Administrative Agent or any other holder of the Obligations exhaust any right, power or remedy or proceed

   

  
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  against any Person under any of the Loan Documents or any other document relating to the
      Obligations, or against any other Person under any other guarantee of, or security for, any of the Obligations.

   

  10.03      Reinstatement.

   

  The obligations of each Guarantor under this Article X shall be
      automatically reinstated if and to the extent that for any reason any payment by or on behalf of any Person in respect of the Obligations is rescinded or must be otherwise restored by any holder of any of the Obligations, whether as a result of any
      Debtor Relief Law or otherwise, and each Guarantor agrees that it will indemnify the Administrative Agent and each other holder of the Obligations on demand for all reasonable costs and expenses (including the fees, charges and disbursements of
      counsel) incurred by the Administrative Agent or such holder of the Obligations in connection with such rescission or restoration, including any such costs and expenses incurred in defending against any claim alleging that such payment constituted a
      preference, fraudulent transfer or similar payment under any Debtor Relief Law.

   

  10.04      Certain Additional Waivers.

   

  Each Guarantor agrees that such Guarantor shall have no right of
      recourse to security for the Obligations, except through the exercise of rights of subrogation pursuant to Section 10.02 and through the exercise of rights of contribution pursuant to Section 10.06.

   

  10.05      Remedies.

   

  The Guarantors agree that, to the fullest extent permitted by Law, as
      between the Guarantors, on the one hand, and the Administrative Agent and the other holders of the Obligations, on the other hand, the Obligations may be declared to be forthwith due and payable as specified in Section 8.02 (and shall be
      deemed to have become automatically due and payable in the circumstances specified in Section 8.02) for purposes of Section 10.01 notwithstanding any stay, injunction or other prohibition preventing such declaration (or preventing the
      Obligations from becoming automatically due and payable) as against any other Person and that, in the event of such declaration (or the Obligations being deemed to have become automatically due and payable), the Obligations (whether or not due and
      payable by any other Person) shall forthwith become due and payable by the Guarantors for purposes of Section 10.01. The Guarantors acknowledge and agree that their obligations hereunder are secured in accordance with the terms of the
      Collateral Documents and that the holders of the Obligations may exercise their remedies thereunder in accordance with the terms thereof.

   

  10.06      Rights of Contribution.

   

  The Guarantors hereby agree as among themselves that, if any Guarantor
      shall make an Excess Payment (as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment
      obligations of any Guarantor under this Section 10.06 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid-in-full and the Commitments have terminated, and none of the
      Guarantors shall exercise any right or remedy under this Section 10.06 against any other Guarantor until such Obligations have been paid-in-full and the Commitments have terminated. For purposes of this Section 10.06, (a) “Excess
        Payment” shall mean the amount paid by any Guarantor in excess of its Ratable Share of any Obligations; (b) “Ratable Share” shall mean, for any Guarantor in respect of any payment of Obligations, the ratio (expressed as a percentage) as
      of the date of such payment of Obligations of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated,
      unmatured, and unliquidated liabilities, but excluding the obligations

   

  
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  of such Guarantor hereunder) to (ii) the amount by which the aggregate
      present fair salable value of all assets and other properties of all of the Loan Parties exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the
      obligations of the Loan Parties hereunder) of the Loan Parties; provided, however, that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor that became a Guarantor
      subsequent to the date of any such payment shall be deemed to have been a Guarantor on the date of such payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in
      connection with such payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the
      amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding
      the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Loan Parties other than the maker of such Excess Payment exceeds the amount of all of the
      debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties) of the Loan Parties other than the maker of such Excess Payment; provided, however,
      that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date
      of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 10.06 shall not be deemed to
      affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under Law against the Borrower in respect of any payment of Obligations.

   

  		10.07	Guarantee of Payment; Continuing Guarantee.

   

  The guarantee in this Article X is a guaranty of payment and not
      of collection, is a continuing guarantee, and shall apply to the Obligations whenever arising.

   

  		10.08	Keepwell.

   

  Each Loan Party that is a Qualified ECP Guarantor at the time the
      Guaranty in this Article X by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such
      Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with
      respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time to honor all of its obligations under the Loan Documents in respect of such Swap Obligation (but, in each case, only up to the maximum amount of such
      liability that can be hereby incurred without rendering such Qualified ECP Guarantor’s obligations and undertakings under this Article X voidable under applicable Debtor Relief Laws, and not for any greater amount). The obligations and
      undertakings of each Qualified ECP Guarantor under this Section shall remain in full force and effect until the Obligations have been indefeasibly paid and performed in full. Each Loan Party intends this Section to constitute, and this Section shall
      be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each Specified Loan Party for all purposes of the Commodity Exchange Act.

   

  
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  ARTICLE XI

      

      MISCELLANEOUS

   

  		11.01	Amendments, Etc.

   

  No amendment or waiver of any provision of this Agreement or any other
      Loan Document, and no consent to any departure by any Loan Party therefrom, shall be effective unless in writing signed by the Required Lenders (or by the Administrative Agent with the consent of the Required Lenders) and the Borrower or the
      applicable Loan Party, as the case may be, and acknowledged by the Administrative Agent, and each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however,
      that

   

  (a)              no such amendment, waiver or consent shall:

   

  (i)           extend or increase the Commitment of any Lender
      (or reinstate any Commitment terminated pursuant to Section 8.02) without the written consent of such Lender (it being understood and agreed that a waiver of any condition precedent set forth in Section 4.02 or of any Default or a
      mandatory reduction in Commitments is not considered an extension or increase in Commitments of any Lender);

   

  (ii)          postpone any date fixed by this Agreement or
      any other Loan Document for any payment (excluding mandatory prepayments) of principal, interest, fees or other amounts due to the Lenders (or any of them) or any scheduled reduction of the Commitments hereunder or under any other Loan Document
      without the written consent of each Lender entitled to receive such payment or whose Commitments are to be reduced;

   

  (iii)         reduce the principal of, or the rate of
      interest specified herein on, any Loan or L/C Borrowing, or (subject to clause (i) of the final proviso to this Section 11.01) any fees or other amounts payable hereunder or under any other Loan Document without the written consent
      of each Lender entitled to receive such amount; provided, however, that (A) only the consent of the Required Lenders shall be necessary to amend the definition of “Default Rate” or to waive any obligation of the Borrower to pay
      interest or Letter of Credit Fees at the Default Rate and (B) an amendment to any financial covenant hereunder (or any defined term used therein) even if the effect of such amendment would be to reduce the rate of interest on any Loan or L/C
      Borrowing or to reduce any fee payable hereunder shall not be deemed to be a reduction of the principal of, or the rate of interest specified herein on, any Loan or L/C Borrowing, or any fees or other amounts payable hereunder or under any other Loan
      Document;

   

  (iv)         change Section 8.03 in a manner that
      would alter the pro rata sharing of payments required thereby without the written consent of each Lender directly and adversely affected thereby;

   

  (v)          change any provision of this Section
        11.01(a) or the definition of “Required Lenders” without the written consent of each Lender directly and adversely affected thereby;

   

  (vi)         release all or substantially all of the
      Collateral without the written consent of each Lender whose Obligations are secured by the Collateral;

   

  
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  (vii)        except in connection with a transaction
      permitted under Section 7.04 or Section 7.05, release all or substantially all of the value of the Guaranty without the written consent of each Lender whose Obligations are guaranteed thereby, except to the extent such release is
      permitted pursuant to Section 9.10 (in which case such release may be made by the Administrative Agent acting alone);

   

  (viii)       release the Borrower without the consent of each
      Lender; or

   

  (b)          unless also signed by the L/C Issuer, no
      amendment, waiver or consent shall affect the rights or duties of the L/C Issuer under this Agreement or any Issuer Document relating to any Letter of Credit issued or to be issued by it;

   

  (c)          unless also signed by the Swingline Lender, no
      amendment, waiver or consent shall affect the rights or duties of the Swingline Lender under this Agreement; and

   

  (d)          unless also signed by the Administrative Agent,
      no amendment, waiver or consent shall affect the rights or duties of the Administrative Agent under this Agreement or any other Loan Document;

   

  provided, further, that notwithstanding anything to the
      contrary herein, (i) the Fee Letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto, (ii) each Lender is entitled to vote as such Lender sees fit on any bankruptcy reorganization plan that
      affects the Loans, and each Lender acknowledges that the provisions of Section 1126(c) of the Bankruptcy Code of the United States supersedes the unanimous consent provisions set forth herein, (iii) the Required Lenders shall determine whether or not
      to allow a Loan Party to use cash collateral in the context of a bankruptcy or insolvency proceeding and such determination shall be binding on all of the Lenders, (iv) Incremental Facility Amendments may be effected in accordance with Section
        2.16, (v) Extension Amendments may be effected in accordance with Section 2.17 and (vi) the Administrative Agent and the Borrower may make amendments contemplated by Section 3.07.

   

  No Defaulting Lender shall have any right to approve or disapprove any
      amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders),
      except that (x) the Commitment of such Defaulting Lender may not be increased or extended, the rate of interest on any of its Loans may not be reduced and the principal amount of any of its Loans may not be forgiven, in each case, without the consent
      of such Lender and (y) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that by its terms affects such Defaulting Lender disproportionately adversely relative to other affected Lenders shall require
      the consent of such Defaulting Lender.

   

  Notwithstanding anything to the contrary herein, this Agreement may be
      amended and restated without the consent of any Lender (but with the consent of the Borrower and the Administrative Agent) if, upon giving effect to such amendment and restatement, such Lender shall no longer be a party to this Agreement (as so
      amended and restated), the Commitments of such Lender shall have terminated, such Lender shall have no other commitment or other obligation hereunder and shall have been paid in full all principal, interest and other amounts owing to it or accrued
      for its account under this Agreement.

   

  Notwithstanding any provision herein to the contrary the Administrative
      Agent and the Borrower may amend, modify or supplement this Agreement or any other Loan Document to cure or correct administrative errors or omissions, any ambiguity, omission, defect or inconsistency or to effect administrative changes, and such
      amendment shall become effective without any further consent of any other party to such Loan

   

  
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  Document so long as (i) such amendment, modification or supplement does
      not adversely affect the rights of any Lender or other holder of Obligations in any material respect and (ii) the Lenders shall have received at least five Business Days’ prior written notice thereof and the Administrative Agent shall not have
      received, within five Business Days of the date of such notice to the Lenders, a written notice from the Required Lenders stating that the Required Lenders object to such amendment.

   

  		11.02	Notices; Effectiveness; Electronic Communications.

   

  (a)                Notices Generally. Except in the
      case of notices and other communications expressly permitted to be given by telephone (and except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by
      hand or overnight courier service, mailed by certified or registered mail or sent by facsimile as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone
      number, as follows:

   

  (i)           if to any Loan Party, the Administrative Agent,
      the L/C Issuer or the Swingline Lender, to the address, facsimile number, e-mail address or telephone number specified for such Person on Schedule 11.02; and

   

  (ii)          if to any other Lender, to the address,
      facsimile number, e-mail address or telephone number specified in its Administrative Questionnaire (including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in effect for the
      delivery of notices that may contain material non-public information relating to the Borrower).

   

  Notices and other communications sent by hand or overnight courier
      service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices and other communications sent by facsimile shall be deemed to have been given when sent (except that, if not given during normal business
      hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices and other communications delivered through electronic communications to the extent provided in subsection
        (b) below, shall be effective as provided in such subsection (b).

   

  (b)             Electronic Communications. Notices and
      other communications to the Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic communication (including e mail, FpML messaging, and Internet or intranet websites) pursuant to procedures approved by the Administrative
      Agent, provided that the foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as applicable, has notified the Administrative Agent that it is incapable of receiving
      notices under such Article by electronic communication. The Administrative Agent, the Swingline Lender, the L/C Issuer or the Borrower may each, in its discretion, agree to accept notices and other communications to it hereunder by electronic
      communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications.

   

  Unless the Administrative Agent otherwise prescribes, (i) notices and
      other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written
      acknowledgement) and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of
      notification that such notice or communication is available and identifying the website address therefor; provided that, for both clauses (i) and (ii), if such notice, email or other

   

  
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  communication is not sent during the normal business hours of the
      recipient, such notice, email or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient.

   

  (c)                The Platform. THE PLATFORM IS
      PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE
      BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY
      ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to the Borrower, any Lender, the L/C
      Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of any Loan Party’s or the Administrative Agent’s transmission of Borrower Materials or notices through
      the Platform, any other electronic platform or electronic messaging service, or through the Internet.

   

  (d)               Change of Address, Etc. Each of the
      Borrower, the Administrative Agent, the L/C Issuer and the Swingline Lender may change its address, facsimile or telephone number for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its
      address, facsimile or telephone number for notices and other communications hereunder by notice to the Borrower, the Administrative Agent, the L/C Issuer and the Swingline Lender. In addition, each Lender agrees to notify the Administrative Agent
      from time to time to ensure that the Administrative Agent has on record (i) an effective address, contact name, telephone number, facsimile number and e-mail address to which notices and other communications may be sent and (ii) accurate wire
      instructions for such Lender. Furthermore, each Public Lender agrees to cause at least one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration
      screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public Lender’s compliance procedures and applicable Law, including United States Federal and state securities Laws, to make reference to Borrower
      Materials that are not made available through the “Public Side Information” portion of the Platform and that may contain material non-public information with respect to the Borrower or its securities for purposes of United States Federal or state
      securities Laws.

   

  (e)                Reliance by Administrative Agent, L/C
        Issuer and Lenders. The Administrative Agent, the L/C Issuer and the Lenders shall be entitled to rely and act upon any notices (including telephonic or electronic notices, Loan Notices, Letter of Credit Applications and Swingline Loan Notices)
      purportedly given by or on behalf of any Loan Party even if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as
      understood by the recipient, varied from any confirmation thereof. The Loan Parties shall indemnify the Administrative Agent, the L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities
      resulting from the reliance by such Person on each notice purportedly given by or on behalf of a Loan Party. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and
      each of the parties hereto hereby consents to such recording.

   

  		11.03	No Waiver; Cumulative Remedies; Enforcement.

   

  
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  No failure by any Lender, the L/C Issuer or the Administrative Agent to
      exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or
      privilege hereunder or under any other Loan Document (including the imposition of the Default Rate) preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and
      privileges herein provided, and provided under each other Loan Document are cumulative and not exclusive of any rights, remedies, powers and privileges provided by Law.

   

  Notwithstanding anything to the contrary contained herein or in any
      other Loan Document, the authority to enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such
      enforcement shall be instituted and maintained exclusively by, the Administrative Agent in accordance with Section 8.02 for the benefit of all the Lenders and the L/C Issuer; provided, however, that the foregoing shall not
      prohibit (a) the Administrative Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) the L/C Issuer or the
      Swingline Lender from exercising the rights and remedies that inure to its benefit (solely in its capacity as L/C Issuer or Swingline Lender, as the case may be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff
      rights in accordance with Section 11.08 (subject to the terms of Section 2.13), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan
      Party under any Debtor Relief Law; and provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the rights
      otherwise ascribed to the Administrative Agent pursuant to Section 8.02 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 2.13, any Lender
      may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders.

   

  		11.04	Expenses; Indemnity; Damage Waiver.

   

  (a)                Costs and Expenses. The Loan
      Parties shall pay (i) all reasonable and documented out of pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent) in connection with
      the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or
      thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable and documented out of pocket expenses incurred by the L/C Issuer in connection with the issuance, amendment, renewal or extension of
      any Letter of Credit or any demand for payment thereunder and (iii) all out of pocket expenses incurred by the Administrative Agent, any Lender or the L/C Issuer (including the fees, charges and disbursements of any counsel for the Administrative
      Agent, any Lender or the L/C Issuer) in connection with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made
      or Letters of Credit issued hereunder, including all such out of pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit.

   

  (b)               Indemnification by the Loan Parties.
      The Loan Parties shall indemnify the Administrative Agent (and any sub-agent thereof), each Lender and the L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold
      each Indemnitee harmless from, any and all losses, claims, damages, liabilities

   

  
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  and related expenses (including, without limitation, the
      reasonable fees, charges and disbursements of any counsel for any Indemnitee), and shall indemnify and hold harmless each Indemnitee from all fees and time charges and disbursements for attorneys who may be employees of any Indemnitee, incurred by
      any Indemnitee or asserted against any Indemnitee by any Person (including any Loan Party) arising out of, in connection with, as a result of or by reason of (including, without limitation, in connection with any investigation, litigation or
      proceeding or preparation of a defense in connection therewith) (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their
      respective obligations hereunder or thereunder, the consummation of the transactions contemplated hereby or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and its Related Parties only, the administration of this
      Agreement and the other Loan Documents (including in respect of any matters addressed in Section 3.01), (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the L/C Issuer to honor a
      demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials on or from
      any property owned or operated by a Loan Party or any of its Subsidiaries, or any Environmental Claim related in any way to a Loan Party or any of its Subsidiaries, or (iv) any actual or prospective claim, litigation, investigation or proceeding
      relating to any of the foregoing, whether based on contract, tort or any other theory, whether brought by a third party or by any Loan Party, and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not,
      as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence
      or willful misconduct of such Indemnitee, (y) result from a claim brought by any Loan Party against an Indemnitee for a material breach of such Indemnitee’s obligations hereunder or under any other Loan Document, if such Loan Party has obtained a
      final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction or (z) result from any dispute that (1) is solely among Lenders (except when and to the extent that one of the parties to such dispute was
      acting in its capacity or in fulfilling its role as Administrative Agent, Arranger, L/C Issuer, Swing Line Lender or other similar capacity under this Agreement or any other Loan Document and, in such case, excepting only such party) and (2) does not
      arise from the Borrower’s or any Subsidiary’s action or inaction or breach of its obligations under this Agreement or any other Loan Document or applicable Law. Without limiting the provisions of Section 3.01(c), this Section 11.04(b)
      shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from any non-Tax claim.

   

  (c)                Reimbursement by Lenders. To the
      extent that the Loan Parties for any reason fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by them to the Administrative Agent (or any sub-agent thereof), the L/C Issuer, the
      Swingline Lender or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the L/C Issuer, the Swingline Lender or such Related Party, as the case may be, such Lender’s pro
      rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s share of the Total Credit Exposures of all Lenders at such time) of such unpaid amount (including any such unpaid
      amount in respect of a claim asserted by such Lender), such payment to be made severally among them based on such Lenders’ Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought), provided,
      further that, the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), the L/C Issuer or the Swingline
      Lender in its capacity as such, or against any Related Party of any of the foregoing

   

  
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  acting for the Administrative Agent (or any such sub-agent), the
      L/C Issuer or the Swingline Lender in connection with such capacity. The obligations of the Lenders under this subsection (c) are subject to the provisions of Section 2.12(d).

   

  (d)               Waiver of Consequential Damages, Etc.
      Without limiting the Loan Parties’ indemnification obligations above, to the fullest extent permitted by applicable Law, no party hereto shall assert, and each such Person hereby waives, and acknowledges that no other Person shall have, any claim
      against any other party hereto (or any Indemnitee or any Loan Party), on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of,
      this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof (other than in respect of any such damages
      incurred or paid by an Indemnitee to a third party and to which such Indemnitee is otherwise entitled to indemnification as provided above). No Indemnitee shall be liable for any damages arising from the use by unintended recipients of any
      information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the
      transactions contemplated hereby or thereby.

   

  (e)                Payments. All amounts due under
      this Section shall be payable not later than ten Business Days after demand therefor.

   

  (f)                Survival. The agreements in this
      Section and the indemnity provisions of Section 11.02(e) shall survive the resignation of the Administrative Agent, the L/C Issuer and the Swingline Lender, the replacement of any Lender, the termination of the Commitments and the repayment,
      satisfaction or discharge of all the other Obligations.

   

  		11.05	Payments Set Aside.

   

  To the extent that any payment by or on behalf of any Loan Party is made
      to the Administrative Agent, the L/C Issuer or any Lender, or the Administrative Agent, the L/C Issuer or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated,
      declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by the Administrative Agent, the L/C Issuer or such Lender in its discretion) to be repaid to a trustee, receiver or any other party,
      in connection with any proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such
      payment had not been made or such setoff had not occurred, and (b) each Lender and the L/C Issuer severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by
      the Administrative Agent, plus interest thereon from the date of such demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders and the L/C Issuer under clause

        (b) of the preceding sentence shall survive the payment in full of the Obligations and the termination of this Agreement.

   

  		11.06	Successors and Assigns.

   

  (a)                Successors and Assigns Generally.
      The provisions of this Agreement and the other Loan Documents shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that the Borrower may not assign or
      otherwise transfer any of its rights or obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender, and no Lender may assign or

   

  
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  otherwise transfer any of its rights or obligations hereunder
      except (i) to an assignee in accordance with the provisions of subsection (b) of this Section, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section or (iii) by way of pledge or assignment of
      a security interest subject to the restrictions of subsection (e) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed
      to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the
      Related Parties of each of the Administrative Agent, the L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

   

  (b)               Assignments by Lenders. Any Lender
      may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement and the other Loan Documents (including all or a portion of its Commitment and the Loans (including for purposes of this subsection

        (b), participations in L/C Obligations and in Swingline Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions:

   

  (i)                 Minimum Amounts.

   

  (A)              in the case of an assignment of the entire
      remaining amount of the assigning Lender’s Commitment and the related Loans at the time owing to it or contemporaneous assignments to related Approved Funds (determined after giving effect to such assignments) that equal at least the amount specified
      in subsection (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and

   

  (B)              in any case not described in subsection
        (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the
      assigning Lender subject to each such assignment, determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as
      of the Trade Date, shall not be less than $5,000,000 in the case of any assignment in respect of a Revolving Commitment (and the related Revolving Loans thereunder) unless each of the Administrative Agent and, so long as no Event of Default has
      occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed).

   

  (ii)      Proportionate Amounts. Each partial
      assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s Loans and Commitments, and rights and obligations with respect thereto, assigned, except that this clause (ii) shall not apply to the Swingline
      Lender’s rights and obligations in respect of Swingline Loans;

   

  (iii)      Required Consents. No consent shall be
      required for any assignment except to the extent required by subsection (b)(i)(B) of this Section and, in addition:

   

  (A)              the consent of the Borrower (such consent not
      to be unreasonably withheld or delayed) shall be required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to a

   

  
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  Lender, an Affiliate of a Lender or an Approved Fund; provided that the
      Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within ten (10) Business Days after having received notice thereof;

   

  (B)              the consent of the Administrative Agent (such
      consent not to be unreasonably withheld or delayed) shall be required for assignments in respect of any Revolving Commitment if such assignment is to a Person that is not a Lender with a Commitment in respect of the applicable facility subject to
      such assignment, an Affiliate of such Lender or an Approved Fund with respect to such Lender; and

   

  (C)              the consent of the L/C Issuer and the
      Swingline Lender shall be required for any assignment in respect of Revolving Loans and Revolving Commitments.

   

  (iv)      Assignment and Assumption. The parties to
      each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption (provided that no signature will be required from any Lender being replaced pursuant to Section 11.13), together with a processing and
      recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a
      Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.

   

  (v)       No Assignment to Certain Persons. No such
      assignment shall be made to (A) the Borrower or any of the Borrower’s Affiliates or Subsidiaries, (B) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons
      described in this clause (B), or (C) a natural Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of a natural Person).

   

  (vi)     Certain Additional Payments. In connection
      with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such
      additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating
      actions, including funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor
      hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as
      appropriate) its full pro rata share of all Loans and participations in Letters of Credit and Swingline Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of
      any Defaulting Lender hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement
      until such compliance occurs.

   

  
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  Subject to acceptance and recording thereof by the Administrative Agent
      pursuant to subsection (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such
      Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under
      this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections

        3.01, 3.04, 3.05 and 11.04 with respect to facts and circumstances occurring prior to the effective date of such assignment); provided, that except to the extent otherwise expressly agreed by the affected parties, no
      assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Upon request, the Borrower (at its expense) shall execute and deliver a Note to the
      assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights
      and obligations in accordance with subsection (d) of this Section.

   

  (c)                Register. The Administrative Agent,
      acting solely for this purpose as a non-fiduciary agent of the Borrower (and such agency being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it (or the equivalent
      thereof in electronic form) and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans and L/C Obligations owing to, each Lender pursuant to the terms
      hereof from time to time (the “Register”). The entries in the Register shall be conclusive absent manifest error, and the Borrower, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register
      pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by the Borrower and any Lender at any reasonable time and from time to time upon reasonable prior notice.

   

  (d)               Participations. Any Lender may at
      any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell participations to any Person (other than a natural Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary
      benefit of a natural Person), a Defaulting Lender or the Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all
      or a portion of its Commitment and/or the Loans (including such Lender’s participations in L/C Obligations and/or Swingline Loans) owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii)
      such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the Administrative Agent, the Lenders and the L/C Issuer shall continue to deal solely and directly with such
      Lender in connection with such Lender’s rights and obligations under this Agreement. For the avoidance of doubt, each Lender shall be responsible for the indemnity under Section 11.04(c) without regard to the existence of any participation.

   

  Any agreement or instrument pursuant to which a Lender sells such a
      participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide
      that such Lender will not, without the consent of the Participant, agree to any amendment, waiver or other modification described in Section 11.01(a) that affects such Participant. The Borrower agrees that each Participant shall be entitled
      to the benefits of Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to subsection (b) of this Section (it being understood that the
      documentation required under Section 3.01(e) shall be delivered to the

   

  
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  Lender who sells the participation); provided that such Participant (A) agrees to be
      subject to the provisions of Sections 3.06 and 11.13 as if it were an assignee under paragraph (b) of this Section and (B) shall not be entitled to receive any greater payment under Sections 3.01 or 3.04, with
      respect to any participation, than the Lender from whom it acquired the applicable participation would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after
      the Participant acquired the applicable participation. Each Lender that sells a participation agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of Section 3.06
      with respect to any Participant. To the extent permitted by Law, each Participant also shall be entitled to the benefits of Section 11.08 as though it were a Lender; provided that such Participant agrees to be subject to Section
        2.13as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the
      principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any
      portion of the Participant Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except
      to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant
      Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the
      contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register.

   

  (e)                Certain Pledges. Any Lender may at
      any time pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal
      Reserve Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

   

  (f)                Resignation as L/C Issuer or Swingline
        Lender after Assignment. Notwithstanding anything to the contrary contained herein, if at any time Bank of America assigns all of its Revolving Commitment and Revolving Loans pursuant to subsection (b) above, Bank of America may, (i)
      upon thirty days’ notice to the Borrower and the Lenders, resign as L/C Issuer and/or (ii) upon thirty days’ notice to the Borrower, resign as Swingline Lender. In the event of any such resignation as L/C Issuer or Swingline Lender, the Borrower
      shall be entitled to appoint from among the Lenders a successor L/C Issuer or Swingline Lender hereunder; provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of Bank of America
      as L/C Issuer or Swingline Lender, as the case may be. If Bank of America resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the
      effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)).
      If Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and outstanding as of the effective date of such resignation, including the right
      to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04(c). Upon the appointment of a successor L/C Issuer and/or Swingline Lender, (1) such successor shall succeed to
      and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swingline Lender, as the case may be, and (2) the successor L/C

   

  
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  Issuer shall issue letters of credit in substitution for the Letters of Credit, if
      any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such Letters of Credit.

   

  11.07      Treatment of Certain Information; Confidentiality.

   

  Each of the Administrative Agent, the Lenders and the L/C Issuer agrees
      to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates, its auditors and to its Related Parties (it being understood that the Persons to whom such disclosure is made will
      be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent required or requested by any regulatory authority purporting to have jurisdiction over such Person or its Related
      Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners) or by its insurers, (c) to the extent required by applicable Laws or regulations or by any subpoena or similar legal process, (d) to any
      other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder,
      (f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights and obligations under this Agreement or
      any Eligible Assignee invited to become a Lender pursuant to Section 2.16 or (ii) any actual or prospective party (or its Related Parties) to any swap, derivative or other transaction under which payments are to be made by reference to the
      Borrower and its obligations, this Agreement or payments hereunder, (g) on a confidential basis to (i) any rating agency in connection with rating any Loan Party or its Subsidiaries or the credit facilities provided hereunder or (ii) the CUSIP
      Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers or other market identifiers with respect to the credit facilities provided hereunder, (h) with the consent of the Borrower or (i) to the extent such
      Information (x) becomes publicly available other than as a result of a breach of this Section or (y) becomes available to the Administrative Agent, any Lender, the L/C Issuer or any of their respective Affiliates on a nonconfidential basis from a
      source other than the Borrower. In addition, the Administrative Agent and the Lenders may disclose the existence of this Agreement and information about this Agreement to market data collectors, similar service providers to the lending industry and
      service providers to the Administrative Agent and the Lenders in connection with the administration of this Agreement, the other Loan Documents, and the Commitments.

   

  For purposes of this Section, “Information” means all information
      received from a Loan Party or any Subsidiary relating to the Loan Parties or any Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative Agent, any Lender or the L/C Issuer on a
      nonconfidential basis prior to disclosure by such Loan Party or any Subsidiary. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such
      Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information.

   

  Each of the Administrative Agent, the Lenders and the L/C Issuer
      acknowledges that (a) the Information may include material non-public information concerning a Loan Party or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding the use of material non-public information and (c) it
      will handle such material non-public information in accordance with applicable Law, including United States Federal and state securities Laws.

   

  The Loan Parties and their Affiliates agree that they will not in the
      future issue any press releases or other public disclosure using the name of the Administrative Agent or any Lender or their respective Affiliates or referring to this Agreement or any of the Loan Documents without the prior written consent of the
      Administrative Agent, unless (and only to the extent that) the Loan Parties or such Affiliate is required

   

  
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  to do so under law and then, in any event the Loan Parties or such
      Affiliate will consult with such Person before issuing such press release or other public disclosure.

   

  The Loan Parties consent to the publication by the Administrative Agent
      or any Lender of customary advertising material relating to the transactions contemplated hereby using the name, product photographs, logo or trademark of the Loan Parties.

   

  		11.08	Rights of Setoff.

   

  If an Event of Default shall have occurred and be continuing, each
      Lender, the L/C Issuer and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable Law, to set off and apply any and all deposits (general or special, time or demand,
      provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or any such Affiliate to or for the credit or the account of any Loan Party against any and all
      of the obligations of such Loan Party now or hereafter existing under this Agreement or any other Loan Document to such Lender or the L/C Issuer or their respective Affiliates, irrespective of whether or not such Lender, the L/C Issuer or such
      Affiliate shall have made any demand under this Agreement or any other Loan Document and although such obligations of such Loan Party may be contingent or unmatured or are owed to a branch or office or Affiliate of such Lender or the L/C Issuer
      different from the branch or office or Affiliate holding such deposit or obligated on such indebtedness; provided, that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be paid
      over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.15 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for
      the benefit of the Administrative Agent, the L/C Issuer and the Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as
      to which it exercised such right of setoff. The rights of each Lender, the L/C Issuer and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the L/C Issuer
      or their respective Affiliates may have. Each Lender and the L/C Issuer agrees to notify the Borrower and the Administrative Agent promptly after any such setoff and application, provided that the failure to give such notice shall not affect
      the validity of such setoff and application.

   

  		11.09	Interest Rate Limitation.

   

  Notwithstanding anything to the contrary contained in any Loan Document,
      the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an
      amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by
      the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary
      prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder.

   

  		11.10	Counterparts; Integration; Effectiveness.

   

  This Agreement and each of the other Loan Documents may be executed in
      counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement, the other Loan Documents and any separate
      letter agreements with respect to fees payable to the Administrative Agent or the L/C Issuer

   

  
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  constitute the entire contract among the parties relating to the subject
      matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 4.01, this Agreement shall become effective when it shall have been executed
      by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this
      Agreement or any other Loan Document, or any certificate delivered thereunder, by fax transmission or e-mail transmission (e.g., “pdf” or “tif”) shall be effective as delivery of a manually executed counterpart of this Agreement or such other Loan
      Document or certificate. Without limiting the foregoing, to the extent a manually executed counterpart is not specifically required to be delivered under the terms of any Loan Document, upon the request of any party, such fax transmission or e-mail
      transmission shall be promptly followed by such manually executed counterpart.

   

  		11.11	Survival of Representations and Warranties.

   

  All representations and warranties made hereunder and in any other Loan
      Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the
      Administrative Agent and each Lender, regardless of any investigation made by the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default at
      the time of any Credit Extension, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding.

   

  		11.12	Severability.

   

  If any provision of this Agreement or the other Loan Documents is held
      to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good
      faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in
      a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 11.12, if and to the extent that the enforceability of any provisions
      in this Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, the L/C Issuer or the Swingline Lender, as applicable, then such provisions shall be deemed to be in
      effect only to the extent not so limited.

   

  		11.13	Replacement of Lenders.

   

  If the Borrower is entitled to replace a Lender pursuant to the
      provisions of Section 3.06, or if any Lender is a Defaulting Lender or a Non-Consenting Lender, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and
      delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 11.06), all of its interests, rights (other than its existing rights to payments pursuant to Sections 3.01
      and 3.04) and obligations under this Agreement and the related Loan Documents to an Eligible Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that:

   

  (a)                the Borrower shall have paid to the
      Administrative Agent the assignment fee (if any) specified in Section 11.06(b);

   

  
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  (b)               such Lender shall have received payment of
      an amount equal to the outstanding principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05)
      from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts);

   

  (c)                in the case of any such assignment
      resulting from a claim for compensation under Section 3.04 or payments required to be made pursuant to Section 3.01, such assignment will result in a reduction in such compensation or payments thereafter;

   

  (d)               such assignment does not conflict with
      applicable Laws; and

   

  (e)                in the case of an assignment resulting from
      a Lender becoming a Non-Consenting Lender, the applicable assignee shall have consented to the applicable amendment, waiver or consent.

   

  A Lender shall not be required to make any such assignment or delegation
      if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply.

   

  		11.14	Governing Law; Jurisdiction; Etc.

   

  (a)                GOVERNING LAW. THIS AGREEMENT AND
      THE OTHER LOAN DOCUMENTS (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS
      AGREEMENT OR ANY OTHER LOAN DOCUMENT (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW
      YORK.

   

  (b)               SUBMISSION TO JURISDICTION. EACH
      LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT IT WILL NOT COMMENCE ANY ACTION, LITIGATION OR PROCEEDING OF ANY KIND OR DESCRIPTION, WHETHER IN LAW OR EQUITY, WHETHER IN CONTRACT OR IN TORT OR OTHERWISE, AGAINST THE ADMINISTRATIVE AGENT, ANY
      LENDER, THE L/C ISSUER, OR ANY RELATED PARTY OF THE FOREGOING IN ANY WAY RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS RELATING HERETO OR THERETO, IN ANY FORUM OTHER THAN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW
      YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF SUCH COURTS AND AGREES
      THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION, LITIGATION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A
      FINAL JUDGMENT IN ANY SUCH ACTION, LITIGATION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS

   

  
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  AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT
      THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION.

   

  (c)                WAIVER OF VENUE. EACH LOAN PARTY
      IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER
      LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH
      ACTION OR PROCEEDING IN ANY SUCH COURT.

   

  (d)               SERVICE OF PROCESS. EACH PARTY
      HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 11.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

   

  		11.15	Waiver of Jury Trial.

   

  EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
      PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER
      BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO
      ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

   

  		11.16	No Advisory or Fiduciary Responsibility.

   

  In connection with all aspects of each transaction contemplated hereby
      (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document), each of the Loan Parties acknowledges and agrees, and acknowledges its Affiliates’ understanding, that: (i) (A) the arranging and other
      services regarding this Agreement provided by the Administrative Agent, the Arranger and the Lenders are arm’s-length commercial transactions between the Loan Parties and their respective Affiliates, on the one hand, and the Administrative Agent, the
      Arranger, and the Lenders, on the other hand, (B) each of the Loan Parties has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (C) each of the Loan Parties is capable of evaluating, and
      understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents; (ii) (A) the Administrative Agent, the Arranger and the Lenders each is and has been acting solely as a principal and,
      except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for the Loan Parties or any of their respective

   

  
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  Affiliates, or any other Person and (B) neither the Administrative Agent, the Arranger, nor any
      Lender has any obligation to the Loan Parties or any of their respective Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and (iii) the Administrative
      Agent, the Arranger, the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Loan Parties and their respective Affiliates, and neither the Administrative Agent,
      the Arranger, nor any Lender has any obligation to disclose any of such interests to the Loan Parties and their respective Affiliates. To the fullest extent permitted by Law, each of the Loan Parties hereby waives and releases any claims that it may
      have against the Administrative Agent, the Arranger or any Lender with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby.

   

  		11.17	Electronic Execution of Assignments and Certain Other Documents.

   

  (a)                The words “execute,” “execution,” “signed,”
      “signature,” and words of like import in any Loan Document or any other document to be signed in connection with this Agreement, any other document executed in connection herewith and the transactions contemplated hereby shall be deemed to include
      electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by the Administrative Agent, or the keeping of records in electronic form, each of which shall be of the same legal effect,
      validity or enforceability as a manually executed signature, physical delivery or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures
      in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; provided that notwithstanding anything contained herein to the
      contrary the Administrative Agent is under no obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to by the Administrative Agent pursuant to procedures approved by it; provided further
      without limiting the foregoing, upon the request of the Administrative Agent, any electronic signature shall be promptly followed by such manually executed counterpart. For the avoidance of doubt, the authorization under this paragraph may include,
      without limitation, use or acceptance by the Administrative Agent and each holder of Obligations of a manually signed paper document, amendment, approval, consent, information, notice, certificate, request, statement, disclosure or authorization
      related to this Agreement (each a “Communication”) which has been converted into electronic form (such as scanned into PDF format), or an electronically signed Communication converted into another format, for transmission, delivery and/or
      retention.

   

  (b)               The Borrower hereby acknowledges the receipt
      of a copy of this Agreement and all other Loan Documents. The Administrative Agent and each Lender may, on behalf of the Borrower, create a microfilm or optical disk or other electronic image of this Agreement and any or all of the other Loan
      Documents. The Administrative Agent and each Lender may store the electronic image of this Agreement and the other Loan Documents in its electronic form and then destroy the paper original as part of the Administrative Agent’s and each Lender’s
      normal business practices, with the electronic image deemed to be an original and of the same legal effect, validity and enforceability as the paper originals.

   

  		11.18	USA PATRIOT Act Notice.

   

  Each Lender that is subject to the Act (as hereinafter defined) and the
      Administrative Agent (for itself and not on behalf of any Lender) hereby notifies the Loan Parties that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required
      to obtain, verify and record information that identifies the Loan Parties, which information

   

  
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  includes the name and address of the Loan Parties and other information that will allow such
      Lender or the Administrative Agent, as applicable, to identify the Loan Parties in accordance with the Act. The Loan Parties shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other
      information that the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act.

   

  		11.19	Subordination of Intercompany Indebtedness.

   

  Each Loan Party (a “Subordinating Loan Party”) agrees that the
      payment of all obligations and indebtedness, whether principal, interest, fees and other amounts and whether now owing or hereafter arising, owing to such Subordinating Loan Party by any other Loan Party is expressly subordinated to the payment in
      full in cash of the Obligations. If the Administrative Agent so requests, any such obligation or indebtedness shall be enforced and performance received by the Subordinating Loan Party as trustee for the holders of the Obligations and the proceeds
      thereof shall be paid over to the holders of the Obligations on account of the Obligations, but without reducing or affecting in any manner the liability of the Subordinating Loan Party under this Agreement or any other Loan Document. Without
      limitation of the foregoing, so long as no Default has occurred and is continuing, the Loan Parties may make and receive payments with respect to any such obligations and indebtedness, provided, that in the event that any Loan Party receives
      any payment of any such obligations and indebtedness at a time when such payment is prohibited by this Section, such payment shall be held by such Loan Party, in trust for the benefit of, and shall be paid forthwith over and delivered, upon written
      request, to the Administrative Agent.

   

  		11.20	Acknowledgement and Consent to Bail-In of Affected Financial Institutions.

   

  Notwithstanding anything to the contrary in any Loan Document or in any
      other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Lender or L/C Issuer that is an Affected Financial Institution arising under any Loan Document, to the extent such
      liability is unsecured, may be subject to the write-down and conversion powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

   

  (a)          the application of any Write-Down and Conversion
      Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any Lender or L/C Issuer that is an Affected Financial Institution; and

   

  (b)          the effects of any Bail-in Action on any such
      liability, including, if applicable:

   

  (i)                a reduction in full or in part or
      cancellation of any such liability;

   

  (ii)               a conversion of all, or a portion of, such
      liability into shares or other instruments of ownership in such Affected Financial Institution, its parent entity, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership
      will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or

   

  (iii)             the variation of the terms of such
      liability in connection with the exercise of the write-down and conversion powers of the applicable Resolution Authority.

   

  		11.21	ERISA Representation.

   

  
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  Each Lender as of the Closing Date represents and warrants as of the
      Closing Date to the Administrative Agent, and the Arranger and their respective Affiliates, and not, for the avoidance of doubt, for the benefit of the Borrower or any other Loan Party, that such Lender is not and will not be (a) an employee benefit
      plan subject to Title I of ERISA, (b) a plan or account subject to Section 4975 of the Internal Revenue Code; (c) an entity deemed to hold “plan assets” of any such plans or accounts for purposes of ERISA or the Internal Revenue Code; or (d) a
      “governmental plan” within the meaning of ERISA.

   

  		11.22	Acknowledgement Regarding Any Supported QFCs.

   

  To the extent that the Loan Documents provide support, through a
      guarantee or otherwise, for any Swap Contract or any other agreement or instrument that is a QFC (such support, “QFC Credit Support”, and each such QFC, a “Supported QFC”), the parties acknowledge and agree as follows with respect to
      the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S.

        Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the
      State of New York and/or of the United States or any other state of the United States):

   

  In the event a Covered Entity that is party to a Supported QFC (each, a
      “Covered Party”) becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC
      Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under such U.S. Special Resolution Regime if the
      Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered
      Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are
      permitted to be exercised to no greater extent than such Default Rights could be exercised under such U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United
      States. Without limitation of the foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC
      Credit Support.

   

  For purposes of this Section, (a) “BHC Act Affiliate” of a party
      means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party; (b) “Covered Entity” means any of the following: (a) a “covered entity” as that term is defined in, and interpreted in
      accordance with, 12 C.F.R. § 252.82(b); (b) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or (c) a “covered FSI” as that term is defined in, and interpreted in accordance with, 12 C.F.R.
      § 382.2(b); (c) “Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable; and (d) “QFC” has the meaning assigned to the term “qualified
      financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D).

   

  		11.23	Releases.

   

  The Administrative Agent, the Lenders and the L/C Issuer hereby
      irrevocably agree that the Liens granted to the Administrative Agent by the Loan Parties on any Collateral shall, at the sole cost and expense

   

  
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  of the Loan Parties, be automatically released (a) upon the occurrence of
      the Facility Termination Date, (b) upon the Disposition of such Collateral (as part of or in connection with any Disposition permitted hereunder) to any Person other than another Loan Party, to the extent such Disposition is made in compliance with
      the terms of this Agreement, (c) if the release of such Lien is approved, authorized or ratified in writing by the Required Lenders (or such other percentage of the Lenders whose consent may be required in accordance with Section 11.01), (d)
      to the extent such property constitutes Excluded Property or (e) to the extent the property constituting such Collateral is owned by any Guarantor, upon the release of such Guarantor from its obligations under the Guaranty to the extent such release
      of a Guarantor is made in compliance with the terms of this Agreement. Any such release shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those being released) upon or obligations (other than those being
      released) of the Loan Parties in respect of all interests retained by the Loan Parties, including the proceeds of any Disposition, all of which shall continue to constitute part of the Collateral except to the extent comprised of Excluded Property or
      otherwise released in accordance with the provisions of the Loan Documents. Additionally, the Administrative Agent, the Lenders and the L/C Issuer hereby irrevocably agree that a Guarantor shall be released from its Guaranty upon (x) the designation
      of such Guarantor as an Unrestricted Subsidiary in accordance with the terms hereof, (y) such Guarantor becoming an Excluded Subsidiary in accordance with the terms hereof; provided that if any Restricted Subsidiary that is a Guarantor
      becomes an Excluded Subsidiary solely as a result of such Restricted Subsidiary becoming an Immaterial Subsidiary, such Guarantor shall be released from the Guarantees only (i) if no Default then exists and (ii) upon the Administrative Agent’s
      receipt of a written request therefor from the Borrower, or (z) the Disposition of such Guarantor to any Person (other than a Loan Party) that is permitted hereby or to which the Required Lenders (or such other percentage of the Lenders whose consent
      may be required in accordance with Section 11.01) have otherwise consented such that after giving effect to such Disposition such Guarantor ceases to be a Restricted Subsidiary. The Administrative Agent, the Lenders and the L/C Issuer hereby
      authorize the Administrative Agent to execute and deliver any instruments, documents, and agreements necessary or desirable to evidence and confirm the release of any Loan Party’s Guaranty or Collateral pursuant to the foregoing provisions of this
      paragraph, all without the further consent or joinder of the Administrative Agent, any Lender or the L/C Issuer. 

   

   

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